Professor Toto - Trumps Golden Lever - Part 1

Trumps Golden Lever - Part 1 - YouTube https://www.youtube.com/watch?v=nImu69zAdSs Transcript: (00:03) [music] When the republic is confused, when the law is twisted, when the word is ignored, there must be an immediate briefing. Fellow Americans, here he is, straight from the heart of Toto [music] Town within the clandestine chambers of the world famous conservative college, America's favorite professor, officially recognized as first in the nation. (00:25) This is the briefing with Professor Toto. [music] >> [music] >> My fellow Americans, my friends, it is not a conspiracy theory. It is truth. There is a reset coming to America. Financial reset. I know you've heard it and I know some of the things we hear are so far-fetched and I'm going to I'm going to give you the real truth tonight. (01:04) We're not going in rabbit holes because rabbit holes have no ending. We're going to to bring you the truth, the balanced truth without all the hoopla and the hype. We're going to give you answers tonight. But yes, there is a reset coming. And yes, Donald John Trump has the power to reset the value of gold. I'm going to prove it to you tonight, okay? And it's very likely going to happen this year. (01:54) How do I know this? Because Professor Toto is a historian. I have learned that if you want to know, the Bible tells us that what has happened before will happen again. I watch patterns and rhythms. I do that in the word of God and I do that in history of governments. And so as I look at the history, I know what the future is. (02:26) There is a reason, my fellow American, that the nations around the world are hoarding gold right now. There's a reason that China is buying, Russia is buying, India is buying, and central banks that have not touched gold in decades [clears throat] are suddenly stacking it like their lives depend on it. Why? Why in the last three years they know what it's time for? They know history repeats itself and they are preparing for the reset of gold. (03:15) And if they see it coming, my friends, maybe you should understand what's about to happen. Now, with that said, the internet is going crazy with conspiracies. Uh Donald Trump is going back to the gold standard. Not necessarily. They're going to erase the national debt by simply revaluing gold. Not quite. Gold's going to $100,000 tomorrow. (03:54) Not quite. So, here's what I want you to do tonight. There's a reset coming. And yes, if you are not ready for it, you will suffer. That's the truth. So sit down. Partly true and partly false is what you're hearing all over the interweb. It is my job to educate you. Not to inflate you, but to educate you. (04:25) And at this time, something very real is happening in your nation. Something that has been done before and something that changed everything the last two times that it happened. So if you want to be ardent of the future, you must be a student of the past. So what we're going to do in the first two segments tonight, we're going to do the boring part. (04:55) The boring part is when we build a foundation from the past and we educate you so that you can take that knowledge and see the pattern. Okay, that's what we're going to do tonight. I'm going to show you the math tonight. Why these internet fantasies will not add up, but why the reality of what's coming is very explosive. (05:21) I'm going to show you the golden lever that's been sitting there since 1971, untouched, misunderstood, and waiting. Yes, my fellow Americans, there is a golden lever waiting to be pulled to bring America into the golden age. And I'm going to show you why Donald John Trump knows exactly where that lever is. So settle in tonight. Get comfortable. (05:57) Pour yourself some strong tea or coffee because we're going to school. And when we're done, you will understand this better. I make you a promise tonight. You will understand this subject better than 99% of the people talking about it on the enema web. Okay, part one, the foundation. Honey, don't start my 30 minutes till right now cuz this is part one. (06:24) All right, so let's take our first break at 7:52. Let's go back to the very beginning. Ready? I've learned something over my years of teaching. Half of the people talking about gold on the internet, they don't even know what the gold standard was. That's where we have to start tonight. They just know that it sounds important. They know it sounds good. (06:49) They know grandpa talked about it. But what was it? What was the gold standard? I'm going to give it to you tonight on a 10th grade level. For most of American history, every dollar that you held in your hand was connected to a specific amount of gold sitting in a vault somewhere. Let me give you an analogy. (07:21) Many of you have a checkbook at your house. Do you know how many people have gone to prison because of checkbooks? Because your checkbook is supposed to be connected to reality, right? So if you write a check and you put a dollar amount on the check, it's supposed to be connected to that amount of value in a bank somewhere. But if you're not careful, you'll do like the government does and just keep writing checks and writing checks and it's not connected to reality anymore. (07:59) Now it's connected to your own fantasies. Now, maybe someone knows you and you write them a bad check and they know that you've got a great job. You've got a great income. They know you're not, you know, without resources. And you tell them, "Hey, just hold on to that check. You know, I'm good for it." And they do. They know you work. (08:30) They know you're not broke. So, they hold on to it. and they keep holding on to it and they keep holding on to it bathed based on good faith in you as a person. What I've just explained to you is what you and I have done with our dollars all of these years. It's bad checks is what it is. (08:55) We have all accepted bad checks from a government that would send us to prison for doing the same thing. All right. The government made a promise to me and you. They said this piece of paper, this dollar bill is worth this much gold. And if you want to, you can bring us that dollar bill and we will give you gold just like you can cash a check. (09:25) Bring us the check with those numbers on it and we'll give you dollars for your check. The same principle is supposed to work with dollars and gold. Bring us the dollar, we'll give you however much gold that is worth. And that's what it meant backed by gold. It meant that the paper, the dollar, was a receipt for something real. Now, why did that matter? because it meant that the government could not just print more money whenever it wanted to. (10:00) Think about that. If [clears throat] every dollar had to be backed by gold and you want to print more dollars, then you need more gold. And here's the thing about gold that makes politicians very, very uncomfortable. You cannot print gold. You cannot manufacture it in a basement. You cannot vote it into existence. (10:26) You cannot create it by lifting a debt ceiling or with a computer keystroke because gold is scarce. It comes out of the ground slowly, expensively, and in limited quantities. And that type of scarcity always kept politicians, are you ready for this word? Honest. Because when money is tied to something real, something limited, something that you cannot fake, then you cannot spend more than you have. (10:59) You cannot promise more than you can deliver. You cannot buy votes with money that doesn't exist. The gold standard was a leash on our government. It was a leash on spending. Every one of you have a leash on your checkbook. Do you not? Do you all not have a leash on your checkbook? It's called reality. As soon as you run out of dollars, you should run out of checks. (11:33) It was a leash on the natural human tendency to promise everything and pay for nothing. And for most of America's history, that leash worked. It held. Let me give you a few examples tonight. This uh is a brief history of gold in America. In 1792, the United States officially adopts a bi- metallic standard. (12:08) What is a biometallic standard? gold and silver. The dollar is defined in terms of weights and measurements of precious metals. Now in 1834 they changed it. They no longer had a bi metallic standard. They went strictly with gold. Now gold and silver is no longer tied to the dollar. just gold but at one time gold and silver was. (12:46) Now this lasted from 1792 to 1900. So over a hundred years America kept her promise. In 1900, the gold standard act, America officially goes full gold standard, meaning one ounce of gold equal $2067. It was fixed. It was locked in. So if you had $20 in your pocket and 67, you could bring that to the bank and get one ounce of gold. It was guaranteed. (13:27) it was fixed. And then in 1933, and we're going to talk about this later on in the show tonight, but Franklin Roosevelt did something unprecedented, and I'll explain how he did it later as the class continues. Now, the president of the United States confiscated all gold from American citizens in 1933, making it illegal, completely illegal to own gold in these United States of America. (14:09) And what he did, he changed the price. Did you hear what I just said? Remember I told you Donald Trump has the power to change the price of gold? Here is your first evidence. Franklin Delanor Roosevelt changed the price of gold from $20 to $35. What did that do to the dollar bill? It devalued it because the dollar is only worth $2067 or the ounce of gold rather. (14:47) And so now it's up to $35. Now I just said something insane to you. The president of the United States made it illegal for Americans to own gold. How did he get away with that? I'm glad you asked. I call it the 1933 gold heist. How FDR stole America's gold and made it look legal. So, let's back up. Remember, we've got to understand all of this before we can understand what Donald Trump's golden lever is. (15:26) What happened in 1933 was one of the most extraordinary government overreaches in American history, and almost nobody knows about it. Turn to your neighbor right now. If there's somebody in your house, turn to your neighbor and say, "What do you know about the 1933 gold heist?" I'm waiting. (15:49) Ask Uncle Rufus and Uncle uh Booadilly and Ask Aunt Sarah Jane. Ask them all. What do you know about it? They don't teach this in school. They don't talk about this on the news. Because if people understood what FDR did, they might start asking uncomfortable questions about what the government could do today. So let me tell you the whole story. (16:16) It's 1933. The Great Depression is in full swing. The country is in agony. Banks are failing. 9,000 banks collapsed within three years in America. Unemployment at 25%. Red lines are stretching around city blocks. Families are losing their homes, their farms, their life savings. People are terrified. (16:46) And if there's anything we've learned recently, a terrified population will let their government do whatever they want to do to keep them what? Anybody safe? And here's the critical part. People when they got scared in the Great Depression, what did they all start to do? Exactly what you and I are doing today. They started going to the bank and demanding gold just like we're doing right now. (17:23) All of you people that's out shopping for silver and gold, and if smart you will, you're doing exactly what happened in 1933. And as they begin to go to the banks and get their gold because they don't trust the banks anymore, and they don't trust the dollar or papers, something that the government could destroy. They started hoarding gold and silver, gold bullion. (17:53) They were hiding it in their mattresses, in their vaults, in holes in the backyard. And this was draining the banking system. Franklin Delano Roosevelt took office March the 4th, 1933. He inherited a nightmare. But he also had a specific problem. The Federal Reserve was supposed to back the dollar with gold. That was the system. But if everyone kept withdrawing gold, if people kept converting their paper dollars into metal, there would not be enough gold to maintain the dollar and then the ratio would break. (18:33) The dollar would have to be devalued. The banks would all fail and the entire monetary system would collapse. So Roosevelt had two options. Option number one, let the market, let the free market work its way out. Let the weak banks fail. Let gold flow to the people that wanted it. Accept the pain and restore trust through honesty. (19:01) Or option number two, seize all the gold, force the people to turn it in, concentrate it in government hands, and then use emergency powers to do what would normally be unconstitutional. He chose option two. Let me walk you through how that happened because the process is just as important as the outcome. Here's the playbook. (19:26) Step number one, are you writing this down? Step number one, history always repeats itself. Step number one, March the 6th, he declared, listen to this, a bank holiday. Two days after taking office, FDR declared a national bank holiday. He closed every bank in America, every single one, by executive order for one week. (20:01) Nobody could access their money. I hope you're listening. I hope you're listening. FDR shut all banks down for one solid week. Nobody could cash a check. The entire banking system was frozen by presidential power. He said it was to prevent the hoarding and to restore confidence. Think about it. The president closed every bank in the country by executive order and called it a holiday. (20:36) Step number two, on March the 9th, 3 days later, while the banks were closed while Americans could not access their money, Congress passed the Emergency Banking Act. Guess what that did? It gave FDR all power and presidents which remains to this day. Okay. Gave all power over the financial system to the president. (21:06) Now these powers would have been unthinkable a month earlier. How long did Congress debate this law? Less than eight hours. Most congressmen did not even read it. There was no time. There were no copies available. They were told, "It's an emergency. The president needs it. Vote yes." And they did. (21:28) Remember, Franklin was Roosevelt was hugely popular. So, he was riding his political capital. And they passed it. The House passed it after 38 minutes of debate. Most members never saw the bill. Executive Order 6102, April the 5th, 1933. and I quote, "All citizens are hereby required to deliver before May the 1st all gold coin, gold bullion, and gold certificates now owned by them to a Federal Reserve bank or to any member of the Federal Reserve system." I want you to let this sink in. (22:18) You had less than one month to turn in all your gold. All the gold that your grandfathers gave you, the gold bars you had saved for retirement, gold certificates in your safety deposit box, all of it. Turn it all into the government. And if you do not, your fine is $10,000, which in today's money is $250,000, and prison sentences up to 10 years. (22:46) I kid you not, for owning gold in the United States of America, the land of the free. Now, how did he justify that? I mean, you can't just take people's property. That's theft. That's tyranny. That's unconstitutional, right? So, how did FDR justify it in one way? It's an emergency. Yeah, we've been through that, me and you, right? Emergency. COVID. (23:17) Come on now. FDR invoked something called the Trading with the Enemies Act of 1917 and made it a wartime law. Same thing Trump's doing with the war on drugs and these Venezuelan uh boats and and and the border. He declared a war and now he's got all the power. That's the way it works, friends. It's the way it works. (23:41) FDR did the same thing. It was passed during World War I. It was meant to prevent Americans from trading with Germany. Had nothing to do with gold ownership. And yet he used that old antiquated law, found a loophole, and the president has emergency powers. He can do things he could not normally do. So FDR literally treated the American economy as an enemy. (24:11) He treated American citizens as potential enemies, too. if they did not turn in their gold. Number two, he told them it was for their own good. He said hoarding gold is hurting the economy. If everybody keeps their gold, the banks will fail. If the banks fail, everybody loses everything. So turn in your gold for the good of the nation. He made it sound patriotic, you know. (24:37) Put on your mask, be a good citizen. He made gold owners sound like traitors. You know those people walking around killing everybody without a mask on. Traitors. They were sabotaging the nation. Selfish hoarders who cared more about their own wealth than their fellow American. I'm sorry. I thought that was called capitalism. (25:05) I'm hearing socialism. Here's what I'm hearing. The propaganda was relentless. Oh, now listen to what he told them. Don't you worry. You are going to be compensated for your gold. We're not stealing gold. You turn that gold in and you're going to get $2067 per ounce. You're not losing anything. You're just exchanging gold for dollars. (25:35) Same value, no problem. you'll get fair payment. That made it sound reasonable. Made it sound like an even trade. You give us your gold, we give you dollars. Fair is fair. But here's what they were not told. And this is where you need to listen because this is about to happen again. They were not told what was coming. (26:05) Oh, but it came. Yes, it did. The best bait and switch I've ever seen. After the government collected all the gold, after it was safely locked away in those Federal Reserve vaults, after the deadline passed, after the penalties took effect, after it was too late to resist, what did FDR do? I wonder if anybody knows right now. (26:34) Quickly in the chats, tell me what FDR did once he got all the gold. Somebody tell me. Somebody tell me quickly. I don't have time to waste. My time's running out. I want to see if any of my students. Yes, they did get cash. Somebody tell me what FDR did the moment he got all the gold. Anybody? That's why you need to be in class tonight, right? Because if you don't know what I'm fixing to tell you now, then you'll believe these idiots when they tell you Don the man. (27:13) Don the man and DD Y. Ah, Lilianne and Tom Chambers and Mike Maza. That's y'all are the smartest students in the class. Rusk Non, Karen Deusco, uh, Voice of Truth for Yahweh, Kimberly Gray, Vanessa Schubert, oh, Mike Maza. Oh my lord. Wealth transfer ideas. You guys are the smartest guys in the class. Yes, that's exactly what he did. (27:50) He revalued the gold with the stroke of a pen. He collected all the gold for $20, did he not? On January the 30th, 1934, 9 months later, he signed the Gold Reserve Act. And he alone and his treasury department declared that gold was now worth $35 an ounce. $15 more than what they bought it for. Let that sink in. (28:28) America, the government had just bought everybody's gold at $20. Now they declare it's worth $35. That's a 70% increase overnight by a government decree, by a presidential order. With a stroke of a pen, the government made a 70% profit on every ounce they confiscated. And then the people that turned in the gold all got robbed of that 70% increase in value. (29:04) The government kept the difference. They stole 69 cents of every dollar turned in from their own citizens in broad daylight and called it monetary policy. So you listen to me and you listen well. Presidents have that power to revalue gold. So, why did the people go along with it? That's the million-dollar question, is it not? Why didn't Americans just revolt? Why didn't they refuse? Reason number one, the same reason they put on masks and took vaccines. (29:47) They were scared. The Great Depression was real. COVID was real. People were genuinely starving. People were genuinely dying. Banks were failing. There was a fear that the entire thing would collapse in co a fear that we would all die. When the president of the United States goes on the radio or TV and says, "Do this or the economy dies. (30:15) Do this or your neighbors going to lose their jobs. Do this or America fails." Most sheep obey. Fear is a powerful motivator. Reason number two, they trusted FDR. He was extremely extremely popular. And reason number three, they didn't want to pay $10,000 in fines and go to prison for 10 years. (30:42) They had jobs to keep, families to protect. The threat was credible. You know, lose your career, lose your job. Come on. Anybody having a little deja vu here? Now, the government couldn't really enforce this. They didn't go doortodoor. They didn't x-ray mattresses. They didn't dig up backyards. Many people just quietly turned in their gold, never turned it in. (31:10) But there were many that did not obey. And they were now illegal. They were now criminals according to US law for the next 40 years of American history. They couldn't tell anybody they had it. They had to hide it for 40 years because gold ownership in this nation was illegal until 1974. So, one generation would have to pass the secret to the next generation and hope they never got caught. (31:43) And the next reason people accepted it, they didn't understand what was coming. And that's the crulest part. When people turned in their gold at $20, they didn't know the government was about to repric it at 35. The government knew this was not announced until after the confiscation deadline. It was kept secret. The government robbed its own citizens. (32:10) Now, you might be wondering, wasn't this blatantly unconstitutional? After all, the Constitution says in the fifth amendment, "No person shall be deprived of life, liberty, or property without due process of law. Nor shall private property be taken for public use without just compensation." See, there you go. (32:41) $2067 was just compensation. And so it did go to the Supreme Court. It was challenged in 1935. It was called the Gold Claus case, if you want to research it. And the Supreme Court sided with FDR, and I hate to say it, but they sided correctly the same way they're siding with Trump and his presidential power to blow up these Venezuelan boats and to protect the borders. (33:17) The Supreme Court sadly had to side with FDR because the Constitution says that the government has the power to regulate currency and as long as they paid a just fee then it was constitutional. 41 years from 1933 to 1974, it was illegal. Your grandparents, your greatgrandparents lived in an America where owning gold was a crime. (33:52) And so now, do you see why you, my friends, probably grew up in homes that never talked about gold and silver? And when you hear me talk about it, you feel lost. Well, of course we didn't talk about it. It was illegal. your grandparents and your great-grandparents. That was not a subject to be discussed. You understand? It was not until December the 31st, 1974 until President Gerald Ford that Americans could legally own gold again. (34:22) But here's the problem. By that time, by 1974, guess how much gold's value was? $200, right? And then by 1980 it was $800. So everyone that was forced to sell at $20, are you mathing with me right now? Anybody? Are you mathing with me? All citizens that were forced to sell at $20, they missed out on that ride up to $800 in value. (35:01) Guess who got all that profit? Yeah, they missed that entire ride, their families that missed out on that wealth. But the people that broke the law and hid their gold and passed it down, they made fortunes in 1974 when all that gold can now be legally turned in and uh uh received the $800 or $200, whatever it had gone up to. (35:36) So, the people that followed the rules got robbed and the people that broke the law won. And uh now there were many of us that broke the law in the COVID crisis because we were right. We knew we were right. We didn't wear their mask. We didn't take their vaccines. We didn't shut our churches down. We knew it was wrong. and our righteous indignation would not let us obey illegal laws. (36:12) Deja vu. Here's why this matters tonight. Because what FDR did in 1933 became the playbook, the blueprint for every government overreach that followed. And now FDR set up a pattern. You can always watch for it. Step one, write this down in the governmental pattern. You can always watch. FDR created this. (36:41) Step one, wait for a crisis. Step two, declare an emergency. Step three, invoke wartime power. Step four, act fast before the people can organize. Step five, make it sound patriotic. Step six, promise it's for their own good. Step seven, use fear of punishment to ensure compliance. Step eight, change the rules after you've collected what you want. (37:15) And step nine, get the courts to rubber stamp it after the fact. And then you're going to find out that [clears throat] Nixon used the exact same playbook in 1971 that FDR wrote in 1933. Is my time up, mama? Oh Hold on. Hold on. [bell] All right, class is dismissed. All right, we'll be right back. That's the first segment. The school bell has rung. (37:43) >> [bell] >> Go run, grab you something, go to the potty, whatever you need to do. Professor Toto, be right back. Hey, I want to play for y'all a song I wrote for my wife. Those that are going to stay around for a few minutes, I wrote it. Of course, many of you know that she lost her son this year, and I wrote this song for her. So, we'll be right back. (38:05) God is [singing] good. When life is bad, [singing] that's the sound of heaven. When [music] skies are gray, >> trouble comes to stay. [singing] So many [singing] questions [music] that won't go my way. >> [music] >> When [singing] life is bad, God [singing] is [music] so many questions. So many [singing] questions [music] that won't go away. (38:58) >> When life [singing] is bad, [music] >> life is bad. God is good. [singing] [music] >> Anybody feeling the sound of the throne room right now? I'm feeling it because we're [music] singing what heaven is saying. We're aligning with what heaven is saying. >> [music] >> A soldier of faith lost [music] a precious child taken from the arms. (39:44) [music] That little boy smiled. Karen, I watched and I [music] waited for just one complaint. All I heard was these words whispered in [music] her pain. Woo! God is good. [music] Where life is [singing] bad. [music] When skies are gray, trouble comes [music] to say, [singing] so [music] many questions that won't [music] go away. (40:47) [singing] But when life [music] is bad, [singing] somebody say it. God is good. [music and singing] Yahweh bless you this morning. Brother Kendrick, come on. Hallelujah. God is [singing and music] good. When life is when [singing] skies are gray, skies are gray. >> [music] >> Troubles come to stay. Troubles come to stay. (41:22) [singing] [music] >> So many questions. So many question that won't go away. [music] Won't go away. [singing] [music] Hallelujah. >> God is good. [singing] >> Hallelujah. Thank [music] you, Pastor. Hallelujah for the word of God. >> Amen. Amen. God is good when life is bad. All right, your potty break is over and it is time to resume our second segment of tonight's master class with Professor Toto. (42:12) The goal is for you to leave here tonight fully educated in truth. Not conspiracies, but truth. Okay, I realize I'm moving quickly tonight because if you knew how far I still have to go, you would completely understand it. And I got somebody want to say hello to everybody. Yes, I do. She's right at my feet. Oh, yeah. (42:39) And she wants to say hello. Yeah, she won't get off my lap today. Say hello, Shay. Yay. Oh. All right. Go find mommy. Go. Go find mommy. Go find mommy. Go find mommy. Or stay right under my feet. That's the story of my life. I love it. All right, ladies and gentlemen. I want to bring you to August the 15th, 1971. Let's leave the Great Depression. (43:12) Now, let's go. August 15th, 1971. Very, very important date in our history. It's a Sunday night. You're an American family. You have finished your dinner. The dishes are done. The kids are settled in front of the television. You're sitting in the living room waiting for your favorite show called Bonanza. Boy, I just brought us back to a good time in America, didn't I? The cartrights, the ponderosa, Sunday night tradition in millions of American homes. (43:57) You've got your coffee, maybe a cigarette. And that's nasty. But anyway, life is good. And then suddenly the screen flickers and Bonanza doesn't come on tonight. Instead, a special announcement. Ladies and gentlemen, the president of the United States and Richard Nixon appears on the screen. He's sitting at a desk and he looks serious but confident. (44:30) He looks like a man with good news and he starts talking. Nixon did not come on television that night looking worried. He didn't come on looking like he was about to confess a crisis. He did not look like a man about to betray 180 years of American monetary history. He came on looking like a leader, a man with a plan, a man about to do something great for America. (45:03) And here's what he said. My fellow Americans, I am taking action tonight to defend the dollar against speculators. Defend. Oh, that sounds good. He's protecting us, y'all. He continued, "We must protect the position of the American dollar as a pillar of monetary stability around the world." Ah, protect stability. I like it. He's keeping us safe. (45:38) I am ordering a 90day freeze on all prices and wages throughout the United States. Did you hear that, Mosali? a freeze. No more inflation. Prices are going to stop going up. Buttermilk is going to be the same price for 90 days. He's standing up to protect us. That sounds wonderful. Thank you, Mr. President. (46:11) I am also imposing an additional tax of 10% on goods imported into the United States. OH, HOS. HE'S FIGHTING for American jobs. He's standing up to them foreigners. He's putting America first. And everybody's nodding along with Richard Milhouse Nixon. Sounds great. Sounds like leadership. Sounds like Nixon is finally doing something about inflation. (46:47) And then buried in the middle of all of that gubalaki and all of that good sounding news, almost like it's an afterthought, I have directed Secretary Connelly to suspend temporarily the convertability of the American dollar into gold or other reserve assets. Now, if you were watching that night, if you're the average American sitting on the couch, you probably didn't even understand what he has instructed Secretary Connelly to do. (47:24) Probably didn't even know who Secretary Connelly was and definitely what that sentence meant because it was wrapped up in America First. It was wrapped up uh in between popular measures. It sounded technical, boring, unimportant. The important stuff to the average viewer was the wage freeze and the tariffs and the no more price gouging. (47:48) That was the headline. That's what everybody would talk about at work tomorrow. The gold thing that was just some bank banking technicality, some international finance mumbo jumbo. Nothing that affects my daily life. Nothing to worry about. But here's what the average American sitting in their living room did not understand on that night. (48:13) They did not understand that suspending the convertability of the dollar into gold meant your money is no longer backed by anything as of today. It's all a joke. We now enter in the land of Oz where nothing is real. Now notice what he said and I want to quote it one more time. I have directed Secretary Connelly to suspend underline the next word students temporarily. (48:57) >> [snorts] >> temporarily. They didn't understand that temporarily would mean forever in the United States of America. They didn't understand that Nixon had just defaulted on the American promise to the entire world. They didn't understand their savings had just been untethered and unanchored from reality. They didn't understand that this moment, this boring technical announcement buried in a speech about wages and tariffs was the most significant monetary event since the founding of our republic. They didn't understand that (49:40) everything was about to change. The national debt was about to explode from 400 billion to 38 trillion from 1974. Since I've been alive on the earth, I was born in 73. The debt has gone from $400 billion to $ 38 trillion. They did not know that because of that inflation would ravage the 70s. (50:14) A house that would cost 25,000 would cost 400,000. The dollar would lose 98% of its purchasing power. their children, their grandchildren would inherit a mountain of debt that could never be repaid all in one little line that nobody paid attention to. I'm suspending the convertability temporarily. They didn't understand any of that. Just like our fellow Americans didn't understand when the mask and the vaccines, they thought that was a temporary solution. (50:49) THEY DIDN'T KNOW IT WOULD HAVE FOREVER COMPLICATIONS. They heard a confident president is what they heard. They heard good news about fighting inflation. They heard tough talk about protecting American jobs. And then the broadcast ended. They went to bed thinking America was in good hands, thinking Nixon had just done something great. (51:14) The next morning, the next morning on Monday, guess what happened? The stock market soared. The Dow Jones jumped 33 points, the biggest single day gain in history at that time. The headlines were glowing. Nixon's bold new economic policy. President acts decisively to defend the dollar. Markets rally on Nixon's economic plan. (51:40) The spin was already in place. This was not a crisis. This was leadership. This wasn't a default. This was protection. This wasn't the end of sound money. This was the beginning of a new era of a checkbook that you could just write any check you want to write in no reality whatsoever. And the American people believed it. (52:08) How gullible we are because they trusted their president. They trusted their newspapers. They trusted the experts on television because they didn't understand what had actually happened. But let me tell you, Professor Toto will pull back the curtain. I will tell you what actually happened that night. Behind the smiles, behind the confidence, Richard Milhouse Nixon walked up to a microphone, looked the American people in the eye, and said something that altered the course of human history. (52:39) I have directed Secretary Connelly to suspend temporarily the convertability of the dollar into gold temporarily. That was 54 years ago. The government never does anything temporarily. The most permanent temporary measure in American history. What Nixon did that night was he cut the leash off of the government's neck. (53:09) He severed the last connection between the dollar and anything real. From that moment forward, the dollar was tied to nothing. No gold, no silver, no commodity, nothing you could touch, weigh or hold. The dollar became a promise. The dollar at that moment became as fake as Bitcoin. That's right. Everybody wants to know, well, where what's Bitcoin connected to? Where's You didn't care about what the dollar was connected to. (53:42) It was Bitcoin is connected to the exact same thing. The dollar is nothing. It's not sound money. It's stupid money. every bit of it. The dollar became a promise backed by the full faith and credit of the United States of America, which is a fancy way of saying it's backed by trust, but not by gold, not by anything scarce, not anything that limits what politicians can spend. (54:13) Now, do you see how it worked? The American people were not asked. They weren't consulted. They weren't given a choice. They were given a speech that sounded like good news. They were given popular measures they could understand. Wage freezes, price freezes. But the end of sound money was buried in the middle, hidden in the jargon called temporary. (54:40) The con was in the presentation. Nixon never said, "We're abandoning the gold standard because we've been printing too much money and we cannot cover our promises." He didn't say it that way. He said, "I'm defending America against speculators." Nixon did not say, "Your dollars are now backed by nothing but our promise, which we've already proven that we will break. (55:05) " He said, "I'm taking bold action to protect your jobs." He didn't say, "This is permanent and will change everything about your economic future." He said, "It's temporary." America believed him because it was wrapped in a flag. because it was delivered with confidence, because the stock market went up the next day, and because the alternative that their government had just robbed them was too uncomfortable to consider. (55:32) Here's the thing, folks. Nixon did not invent the playbook. He copied it from FDR. Same pattern. Crisis, emergency action. Here's the same pattern. He followed FDR. crisis, emergency action, patriotic framing, complex language. FDR wrote the playbook. Nixon followed it. Now, let me tell you the real reason that Nixon closed the gold window. (56:02) It was not about speculators. He lied. That was the cover story. It wasn't about protecting American jobs. That was the spend. It was not about defending the dollar. That was a lie. The real reason was America got caught cheating and Nixon chose to flip the table rather than face the consequences. Let me tell you the real story behind it all. The real story. (56:35) And we're going to start at a place that if you cannot tell me what this place is, you have no business talking about gold or silver or even the d the dollar. It all started at this hotel. You got to understood a place or understand a place called Breton Woods because everything that came after Breton Woods can only be understood if you understand Brettton Woods itself. (57:10) Now you're about to understand why we America has all the power, why we abused it, and why Nixon did what he did. And you understand why we're in the mess we're in today. So, let me take you back to July 1944. World War II is still raging. D-Day has just happened a month earlier in June. We're one month after D-Day. (57:39) The allies are fighting their way across France. But the smart people, the bankers, the planners, the economist, they're already thinking about what comes after this war. What does the world economy look like when the shooting stops? Europe is destroyed. Germany, Great Britain destroyed. Factories are bombed to rubble. (58:10) Cities are flattened. currencies worth worthless. Britain is broke. They spent everything fighting Hitler. France is still occupied. Germany is the enemy. Japan is the enemy. Only one country, this is important that you understand, only one country was coming out of World War II stronger than the way it went in, and that was the United States of America. (58:39) Why? because we had not been mobbed. We still had all of our factories up and running. We had the production capacity. We built the arsenal of democracy. We had the military, the most powerful one on earth at that time. And most importantly, we America had all the gold. Now, why did we have all the gold? How did we get it? Well, that's simple. (59:10) We made all of our money during the war. Oh, yes. During the war, gold flowed into America like a river of gold from all over the world. Why? Because countries that were in the war were paying us in gold for weapons. All of our factories were up and running. We're selling weapons out the wazoo and only accepting gold as payment. (59:42) So, we've got gold coming in for weapons, for food, for supplies to all of Europe, for everything they needed to survive. And by 1944, the United States held 70% of all the gold in the world. 70%. We had the gold. Everybody else had the ashes and the rubble of war. So, what does that have to do with this hotel? I'll tell you. (1:00:16) In July, delegates from 44 Allied nations gathered at a resort hotel in the mountains of New Hampshire, a place called Breton Woods. Beautiful setting, very civilized, far away from war. And there for over three weeks they designed the postwar monetary system that you and I have lived in since children. This is the Breton Woods is the economic structure that we have lived in. (1:00:50) And if you don't understand Bretonwoods, you don't understand what's about to happen next. So stay tuned and let's learn about Brettton Woods before our time runs out in this segment. They were there for three weeks and there were the key players. Harry Dexter White, he was the US Treasury official, the American negotiator and then John Maynard Kings was the British economist. (1:01:18) These were the two main players. Now, John Kings, he wanted to create a neutral international currency, something that did not give one country too much power. We see how that turned out for him. Something fair. He wanted something balanced. But then Mr. White, Harry Dexter White, negotiating for the United States, understood he had all the power. (1:01:51) He understood that he wanted the American dollar at the center of the world. He wanted America to run the system. And guess who won? I'll tell you who won. Who has all the gold? America. Who has all the guns? America. Who has all the factories? America. Who was bankrolling the entire recovery? America. America got what America wanted at Breton Woods. (1:02:21) Now, here's how it worked. Pay attention because this is the foundation of everything. Tier number one, T I tier one of the Bretonwoods agreement with the world and America. Did you ever wonder how America got so powerful? I mean, how did the dollar become the world currency? We didn't fight any wars over it. You're looking at it on your screen. (1:02:47) One little hotel, one little hotel, two little men changed the world. The United States made a promise to 44 allied countries. We made a solemn promise, a contractual commitment to the entire world. And we promised them that if they would accept the dollar that it would be convertible to gold at a fixed rate of $35. What FDR had set it to. (1:03:20) One ounce of gold, $35. WE MADE A PROMISE TO THE WORLD. Take our dollar, leave your gold, and it will be at a fixed rate. Now, not American citizens. It was still illegal for us to have gold. Breton Woods was for foreign governments and central banks. If France wanted to accumulate dollars, if Britain accumulated dollars, if any foreign country accumulated dollars, they could come to the United States, bring a ship, bring us the dollars, and we would give them that $35 worth of gold. (1:04:06) For every $35 they brought back, we promised them that guaranteed tier number two. This was our second promise. Every other currency would agree to tie to the dollar. And here's where American dominance kicked in and where we took over the world. The British pound, the French Frank, the German mark, the Japanese yen, all of them. If you'll look at your screen, all of them, look at across the bottom. (1:04:46) Look across the bottom. There's the yen, the Frank. They all agreed to connect to the American dollar. And the American dollar is the only thing connected to what? Gold. So, we told all these other nations, if you connect to the dollar, you're connecting to the gold without having to worry about storing the gold. (1:05:20) We've got the gold, we give you the dollar, and you'll be well taken care of. Everything connects to the dollar. The dollar was the bridge between gold and everything else. The dollar was the foundation. And as they say, the dollar was what? As good as gold. If you held dollars, you held something back by gold. (1:05:46) That's what we promised the world. Tier number three, at Brettton Woods, we created two institutions at Brettton Woods. Two institutions. We created two institutions. Number one, the IMF that was created at Bretton Woods, the International Monetary Fund, that was to help countries with shortterm financial problems. (1:06:19) And we created the World Bank. That was to help with postwar reconstruction and development. We developed this. And guess where both of those are headquartered? You guessed it, Washington DC. controlled by the United States. The system was not just backed by American gold. The entire world was run by American power. (1:06:46) Now, I'm about out of time for this segment. But why would other countries agree to do this? Why did everyone else go along with it? What did they why did they agree to put America at the center of everything? Because they had no choice, my friend. Europe was rubble. They needed American money to rebuild. That was called the Marshall Plan. (1:07:08) They needed American markets to sell their goods to. We were the only ones with gold. They needed American military protection from the Russians. And America had the gold. All of it. 70% of it belonged to America if you wanted to access the most powerful economy on earth. And you did. You played by the American rule. (1:07:30) And it was the golden rule. He that has the gold makes the rules. And in 1944, America had the gold. So, America made the rules. We'll be right back. Have you considered when you spend your money at these mega [music] corporations where it's going? Are you aware that your hard-earned money is being used to support political corruption, [music] which leads to poor federal leadership, hurting our economy, contributing to the overall detriment of our [music] society? This is heavy stuff to think about, I know, but it's time we fought back. Introducing Professor (1:08:05) Toto's, the [music] Patriots Buying Club. Here we are a club that gives you the power to invest in [music] companies that uphold patriotic and conservative values your family can respect. Rather than spending your money with these major corporations, [music] we've partnered with a direct consumer company that offers over 400 highquality, [music] sustainable, and effective products that can be delivered fast directly to your front door. (1:08:32) So many patriots [music] across America has joined us in this walk away movement. Now it's your turn. Go to [music] www.bywall.com to join Professor Toto's the [music] Patriots Buying Club today. The briefing with Professor Toto. >> Welcome back. We have to understand the history so that we don't go down the rabbit holes of these conspiracy theories that are out there of what all Donald Trump's fixing to do. (1:09:02) Donald Trump's fixing to pull a golden lever. But you need to understand what that's really, really going to look like, okay? Because uh there's so much false information out there. Um, all right. Real quickly, let's pick back up where we left off. There was a problem at Bretonwoods from the very beginning. The economist referred to it as the Triffin dilemma after a man named Robert Triffin. (1:09:30) He was an economist who identified the problem in 1960. And here's the problem in plain English. The world needed dollars to function because they didn't have gold. So they needed dollars to function. International trade began to grow after the war. Economies began to recover. Commerce began to expand. And guess what? Countries needed more and more dollars for their reserves, for transactions, and for trade. (1:10:03) The global economy ran on dollars. and it needed a constant supply of dollars. But think about this, my friend. Dollars can only go out into the world if America runs deficits. Okay? Only when we import more than we export can dollars get out to the world. You're fixing to see everything's going to make sense for you by tomorrow night. (1:10:40) Okay? But according to Brettton Woods, if the world's depending on dollars, the only way they can get them, we have to be in a deficit. We have to spend more overseas than we take in or they don't get any dollars. But as we begin to print more money than we should have, the system, the Bretonwood system requires America to run deficits and pump dollars into the world. (1:11:13) When I hear people say things like, "Why do we send all our money all over the world?" Because we promised we would. We told them, "Use our dollar, which is a benefit to all of you, by the way, and we'll make sure you have dollars." The only way they get dollars is if we put that money out in the world. But here, and that's the only thing that keeps the world economy liquid. (1:11:41) But here's the trap. If America runs too many deficits, if we print too many dollars, if we spend too freely, eventually there would be more dollars out in the world than we had gold to back them. And remember, the promise is $35 to to one ounce. The system required us to print more money, but us printing would destroy the system. (1:12:11) And that was the fatal flaw in Brettonwoods. And nobody to this day figured out how to solve it. So therefore, we just keep printing money because we made a promise to the world that we would give them dollars. Now, what do you think began to happen? We had a money printer that the whole world had to accept. (1:12:36) We had troops to pay for, wars to fight, allies to buy, empires to maintain. We didn't show restraint. Through the 1950s and the 1960s, the United States did exactly what you'd expect a country to do that had a money printing machine. Remember all these other countries? They can't print money. They depend on money. We print. We had a Korean War to pay for a Cold War, military bases and over a hundred countries, foreign aid, Vietnam war, the Great Society, welfare programs, a space run to the moon. (1:13:20) Where did all those dollars go? They flowed overseas. They piled up in foreign central banks. And slowly, quietly, the ratio of dollars to gold kept getting worse and worse and worse. Let me show you what the numbers actually look like so you can be well aware of these numbers. In 1950, in 1950, look at your screen on the left. (1:13:50) The US gold reserve was 20 billion. Our foreign dollar holdings was only 8 billion. What does that mean? We could cover it. We could cash those checks. in 1960. Gold reserve declining, 15 billion. Our foreign holdings is now 20 billion. Uh-oh, now we can't cash checks, but we cash them anyway with printing more dollars. 1970, gold reserves down 10 billion. (1:14:25) Foreign holdings 45 billion. Now we're getting close to that Richard Nixon moment, right? Do you see where I'm going? Richard Nixon was a con. He scammed the American people and the world because something's about to happen. The 1970s, we had promises we could no longer keep. We had printed oursel into a corner. The math didn't work anymore. (1:14:55) People started to notice. And guess what happened, my fellow American? Franuis, France called our bluff. That's who Richard Nixon was referring to as defending us against the speculators. Yeah, France noticed that we had a problem. Charles de Gal and Jocks ROF the president of France and his advisor and economist understood exactly what was happening. (1:15:34) Listen to what ROF told Chalis de Gal and I quote the Americans are printing dollars faster than they're mining gold. They're paying for their empire with paper and we're accepting that paper as if it's real money. Eventually, there won't be enough gold to honor all these dollars. We should get our gold now while we still can. (1:16:07) And President de Gaul did exactly that. and he did it legally. In the mid 1960s, France began doing something that Breton Woods promised them. They demanded their gold. They brought literally they sent ships to New York Harbor, France did, and they loaded gold. They brought all their dollars back to America and they loaded gold from America onto their ships and sailed them back to Francois and they put that gold in French vaults. (1:16:48) And Richard Milhouse Nixon said they were speculators. They were attacking the American dollar simply because they were cashing in on a promise we made to them. That was their contractual right. They signed off at Brett Wood that we would give them $35 an ounce. All they said is, "Hey, you promised us gold for dollars. Here's your dollars. (1:17:18) Give us our gold." That's not aggression. Richard Nixon called that aggression. In 1965, de Gaulle held a press conference and said these words and it's so true. I believe de Gaul was their version of Donald Trump. He put he made France, he put France first. He said the dollar I'm quoting de Gaul from 1965. The dollar has an exorbitant privilege. (1:17:48) Write that word down. exorbitant privilege. America gets to print money and the whole world has to accept it. This is not fair. This is not right. Gold is the only honest money. We want our gold. He was publicly calling out the scam. Washington was furious. But de Gaulle was right. De Gaulle was their Donald Trump. (1:18:20) France wasn't the only one watching. Now suddenly after France makes this move, guess who else begins to threaten to do it? Oh yes, Germany, Britain, Switzerland. They was all talking about getting their gold, but the problem is by 1970 we only had 9,000 tons of gold. The gold, listen, 1950 we had 20,000 tons. 1970 9,000. You know what that spells, right? If we lost what uh uh uh 10,000 tons in 10 years or uh 20 years, what's fixing to happen to all of our gold? The gold was literally leaving the country on ships to foreign vaults because foreigners were smarter than to (1:19:12) hold our paper any longer. So Nixon had two choices. Number one, stop the spending. Reign in the debt. Honor our commitments. Accept discipline. Let the gold leave until the balance was restored. Tighten the belt and be honest. Or slam the window shut. Refuse to give anybody their gold, including us. Default on the promise. (1:19:41) Blame the people asking for what they were owed. He chose option two. Now the next question is, well then, Professor Toto, why didn't all the countries demand their gold? Great question. But here's the answer. Germany didn't demand it. Japan didn't demand it. Britain didn't. Why didn't they all show up in the New York Harbor and take what they was owed? I'll tell you why. It's very easy. (1:20:09) Because after World War II, the United States had military bases in almost every allied country. France kicked us out before they came and got their gold. But we were in all these nations. We had military bases. Germany full of American bases. Japan, Britain, Italy, South Korea. They were dependent on our bases for their security. (1:20:40) Remember the Cold War was raging. The Soviet Union was still a real threat. Those nations needed American protection. So when the finance minister started saying, "Maybe we should ask for our gold." The defense minister would say, "Are you crazy? We need the Americans. Don't rock the boat." So you don't demand gold from the country that's protecting you from Russia. (1:21:03) You don't make waves with the nation that has tanks on your soil. France was the exception because they had a Donald Trump for president. De Gaul was independent. He liberated France from the Nazis by himself. He didn't feel like he owed America anything. He kicked American bases out of France in 1966 before he came and got his gold. (1:21:28) [laughter] Oh man. Man, what time is okay? And not only that, but after World War II, everybody needed our dollars. And if America cut you off, you would be in trouble. You'd be isolated outside the system. Most countries did the math and decided it was better to stay with America. And then our diplomats were flying all over the country begging countries not to take their gold. (1:22:03) And then finally, the central bankers protect each other. Here's something most people don't understand about central bankers. They're a club. They go to the same conferences. They stay at the same hotels in Basel, Switzerland. They have dinner together. They know each other personally. They protect each other. The head of the Bank of England knew the head of the Federal Reserve. (1:22:26) The head of the Bank of Germany works with the US Treasury Secretary. These men did not want the system to collapse, even if it was unfair because a collapse hurts everybody. Their power, their prestige, their careers, all depends on managing the system. So they all quietly agreed among themselves. (1:22:49) Let's all pretend the emperor has clothes. Let's not ask for gold. Let's keep this thing going as long as we can. It was a gentleman's agreement among the elite. France broke the gentleman's agreement. Deal didn't care about the club. He didn't care about making friends. He cared about France. And finally, the average person had no idea what was going on. (1:23:17) This was elite knowledge. Okay? The average Japanese businessman didn't understand Brettton Woods. How many of you understood Brettton Woods before tonight? There's your answer. There's your answer. The public didn't know and therefore it was not a problem. But France was unique because he did not need American military prot protection. (1:23:40) He wasn't part of the Federal Bankers Club. Now, do you see does anybody see a correlation with Donald Trump and de Gaul? De Gaul pulled out of everything. De Gaul pulled out of the central bank. He had the courage to act. He was one guy willing to say, "I want to see your cards. (1:24:04) " And when he said it, Nixon flipped the table. By 1971, even if other countries wanted their gold, it was too late. Their reserves were already in dollars. Their economies were dependent on the American system. Their military security was tied to America. They had no choice but to go along. Nixon knew this. He knew that when he slammed the window shut, nobody could do anything about it. (1:24:34) They were trapped. They had been holding monopoly money for 20 years, and now they had to pretend it was still real because the alternative, admitting they had been conned, was too painful to face. Now, here's where it gets uncomfortable. Because once you understand what happened after 1971, you understand everything about where we are today. (1:25:02) Before 1971, the national debt was 400 billion. After 200 years of American history, including the Revolutionary War, the Civil War, World War I, the Great Depression, World War II, Korea, and Vietnam, our debt was 400 billion. Today 38 trillion from 400 billion in 54 years. That is 9. That's a 95 time increase. (1:25:32) And that increase was only possible because we cut the leash. When money is tied to something real, you can't spend what you don't have. Print, baby, print. Borrow, baby, borrow. Spend, baby, spend. and let the next generation figure it out. Now, here's the part nobody wants to talk about. (1:25:56) The interest on that debt, I want you to listen to me carefully. The interest on our debt every year is $1 trillion. I'm fixing to give you a fact that should send alarm bells running through your mind. That's all the gold we have. A trillion dollars worth of gold. Our interest each year is more than the gold we have. (1:26:28) Just the interest, not paying down the debt, not reducing anything, just the cost of having the debt more than we spend on defense or education or anything else. We spend in interest to service that debt grows by another trillion every 90 days. And that is the backdrop of everything that we're about to discuss. I've only got 10 minutes left and I'm going to use them wisely. (1:27:04) I'm going to start going into what I want to talk about tomorrow night. So, I'm I really hate that I can't get it all tonight. I want to talk to you now about where we are. What all that I've taught you over the last hour and a half to get your mind right for all these internet fantasies out there. Okay. Well, the biggest internet fantasy out there is just repric the gold and erase the debt. And that is possible. (1:27:41) Okay, I want to get to the part the rumor going around right now spreading like wildfire everywhere. Trump is going to repric gold and he is that's his golden lever. But he's not going to erase the national debt. And neither should he. Let me explain. They're screaming, "We're going to be debtree. The reset is coming. (1:28:09) Get ready for the golden age." And they are right. But you got to make sure that you stay balanced with this. And you understand that you can do more harm than good by erasing the debt. All right? And I've had to teach a long time tonight just to get your mind ready to accept these truths. Here's the hard numbers. (1:28:32) Do you have your calculator, your pen ready? I'm going to give you hard numbers. How much gold does the United States own? Officially, we hold 8,100 metric tons of gold. Write that down. Right now, your nation has 8,100 metric tons of gold. 8,100 tons. Most of it supposedly sitting at Fort Knox. Who knows? Some of it's at the Federal Reserve Bank of New York. (1:29:10) And then we have smaller amounts at other facilities. 8,100 tons. That's all the gold the United States has. Now, let's convert that to ounces. Are you ready? Because gold is priced per ounce. 8,100 metric tons tons equals 261 million ounces. Okay. So what we have in America 261 million ounces of gold. Now what is gold worth at today's price? I know it's close to 5,000. (1:29:51) So, let's just use the number 5,000. Okay. Take 261 million ounces times $5,000. That's approximately $1.3 trillion. That's how much gold we have in America. What's our national debt? [laughter] 38 trillion. So at today's price, our gold covers what percentage of the debt? 3%. All of the gold in Fort Knox, all the gold the government owns covers 3% of our debt at today's price. (1:30:36) Now, here's something that a lot of people don't understand. Here's where the lever, Donald Trump's golden lever shows up. Did you know that on the official US government books, all that gold we just talked about, do you know what it's valued at officially? $42 an ounce. I'll say that again. $42 an ounce. gold on the official government documents on the balance sheet when they're doing their balances and they look up the gold in Fort Knox. (1:31:29) That's only 11 billion dollar worth of gold. Now, a while ago, I gave you the price of what it's trading for today at spot price. But did you know on our balance sheet we only show that we have 11 billion dollars worth of gold, not trillions, billion. Now you might be thinking that's insane. Why would they do that? That's stupid. (1:31:56) No, friend, it's not stupid. It's intentional. And once you understand why, then you'll understand Trump's golden lever. There's five reasons that gold is staying at $42 an ounce. Reason number one, if they update the price, if the government suddenly said, "We're marking our gold to the market value," they would implicitly be saying the dollar has lost that much purchasing power. (1:32:30) That's right. They would say that the dollar has lost the purchasing power between uh uh 11 billion whatever I said 8 billion and that many and a trillion. That's how much purchasing power the dollar has lost. They would be admitting it to the world. They would say that gold was right all along. (1:32:54) We diluted your savings for 50 years. The old system failed and governments will never admit that. So they keep the old number of $42 an ounce. They say nothing because silence is a policy. Reason number two, keeping gold small keeps fiat big. Fake dollars. If gold on the books is valued at $42 an ounce, gold suddenly looks irrelevant and the dollar looks dominant. (1:33:29) And then debtbased money remains unquestioned. But if gold was marked at the market value, gold suddenly would look enormous and then the dollar would look fragile. People would start asking hard questions. It keeps gold in the background and the dollar in the spotlight. So you keep the value of gold. It's only worth8 billion. (1:33:57) 80 billion, whatever. But so it's it's irrelevant. Let's not talk about it. But if tomorrow the United States marked gold at the market value, the Treasury balance sheet would change overnight, gold would reenter monetary discussion. Other nations would respond. Global confidence would shift. And that is not a neutral accounting adjustment. (1:34:29) That would be a geopolitical signal to the world that our dollar is worthless. And once you send that signal, you cannot unend it. There's another reason that we keep gold low. Wake up. This is the reason. This is the golden lever. Okay? This is the quiet reason. Nobody talks about it's the strategic reason. By keeping gold undervalued officially, the US retains an option. (1:35:06) If we ever need to, we can revalue gold later. The option is more powerful than you realize. If gold was already marked to the market, you lose the golden lever. You lose the surprise. You lose the optionality. Central banks and treasury departments love options. And you don't spend that leverage early. You hold it until the moment matters. (1:35:45) And then you suddenly do what FDR did. You revalue with the stroke of a pen all of your asset. You pull the golden lever. Imagine if the headlines read tomorrow, "The government admits dollar debasement. Savers were robbed for 50 years. We didn't. Why didn't wages keep up? We were told gold was useless. That's politically radioactive, my friends. (1:36:25) So, the system chooses quiet erosion over public reckoning. So, here's the key insight. The $42 value right now on gold, it's not incompetence. It's not an oversight. It's not some dusty regulation that nobody remembered to update. It's a lever, a golden lever, sitting there waiting, ready to be pulled. And whoever controls the timing of when that lever gets touched controls the most powerful monetary signals on planet Earth, my friends. (1:37:07) And I promise you, I promise you that Donald Trump knows where that lever is, okay? And he knows right when he's going to pull it. So, let's let's let let's let's let's play a game right now. Let's play a game. If Donald Trump pulls that lever, there is no law anywhere that says what he has to price it at. him and his treasury department. (1:37:38) Why do you think he's getting a new treasury and put it? Come on now. There is something the go when he talks about the golden age, you need to listen. Donald Trump is fixing to do something with gold. And only those of you, and I'm gonna get in this tomorrow night. I'm not going there tonight. If you are not positioned when he pulls that lever and you don't have gold, let me tell you how. (1:38:11) Let me It's too late. I got two minutes. All right. Tomorrow night, I'll get into this side of it. But before I go, let's say that gold, he decided it was worth $10,000 an ounce. And he can. He's the president. FDR chose $35. Let's decide, say that Donald Trump said it's worth $10,000 an ounce. Well, you take 261 million ounces $10,000. (1:38:43) Suddenly, the balance book on our deficit just rose $2.6 trillion or our our, you know, that's how much money we now have just with the stroke of a pen. But what if he decided on 20,000 an ounce? Now we're at 5.2 trillion. What if he chose $50,000 an ounce? Now we're at 13 trillion. So what price would gold need to reach to actually equal the national debt? $145,000 an ounce. (1:39:18) To erase the national debt using gold alone, gold would need to be priced at $145,000 an ounce. Not 10, 20, 50, $146,000 an ounce. That's a reset, my friend. That's a monetary extinction event. That's the government admitting the entire system died. We're renaming the ruins. So, why do people keep believing this? Number one, that's not going to happen. (1:39:48) I know Bo Polly and others are saying that's going to happen. That's not going to happen. I'll tell you tomorrow night what is going to happen. Why do people keep believing this? Why does this rumor keep going? Because people sense something real underneath that. And it is real. They sense the dollar is weakening, that the debt is unsustainable. (1:40:12) Something has to change and gold is the answer. They're not wrong about that feeling. We all have it. What they're wrong about is the solution. They skip the middle steps and jump straight to a fantasy. And that's where Professor Toto for five years has always tried to be a voice in your life. (1:40:35) remember when Donald Trump was coming back and blah blah blah. And I said, "Yes, he is, but not that way." Well, I'm back again tonight to tell you, yes, gold is about to reset, and yes, the number is going to be astronomical, but it's not going to be near anywhere to erase the national debt, nor should it be. However, if you have gold, when that lever is pulled, you'll do okay. (1:41:06) You'll be all right because you've heard the warning years in advance. We've been telling you this reset is coming. It has to come. And what better man to pull the lever than Mr. Golden Age himself? Okay, gold. According to them, they jump the other side. They jump. They jump to this fantasy. Gold's going to save us. The debt's going to vanish. (1:41:30) Everything will be fine. That's not how it works. That's not how it's ever worked. And that's not how it's going to work this time. Tomorrow night, I will teach you at 7 central part two how it will work, what it will look like, and why you need to prepare for that. Okay. Thank you for joining me. I've enjoyed having all of you tonight. (1:41:55) I hope you've learned something. I hope you're beginning to understand the whole subject a little better. Tomorrow night, we go into the nitty-gritty of what this is going to look like. Also, tomorrow night at 6 central before my class starts, I will go live. No, I think I'll do it after my class tomorrow night. Let me do that tomorrow night. (1:42:27) After my class tomorrow night, probably around 9 central, I'm going to put my Pastor Von hat on and I'm going to preach to the world. uh anyone that's interested uh in knowing about the true new year, I'm going to preach on God's new year and how time always tells truth. You don't want to miss that sermon after tomorrow night's class. (1:42:55) You're going to be up late anyway. Many of you celebrating the new year. You ought to stay and listen to some truth because truth is hard to find in this world today. God bless you. Let me shout out to a few of you this evening. So glad to have you in class tonight. Joe Carol Dods, uh Moren Cuchar, uh Moren says, "I want to purchase silver and gold. (1:43:18) " If you do, go to godsmoney.info now and book an appointment. We are booked up weeks out, but if you will book the first available appointment, we will squeeze you in as we have cancellations. godsmoney.info now. Do it now. godsmoney.info. Book a 1-hour session with us. We'll walk you through it. We'll get gold and silver in your account, your gold and silver account. Now, listen. (1:43:50) If this subject has interested you, go watch my most recent video. You can find it on my app. If you've not downloaded my app on your phone, go to the Play Store or the App Store and look for First Harvest Ministries. Download our app or you can find us on Rumble or you can go to YouTube Alarm Bell Screaming. Go watch that video. (1:44:20) I will show you the silver scam. We haven't even talked about silver tonight. Talking about silver tomorrow night. Do you know what just happened in China? Are you aware of the law that was just passed in China? If you're not, you've got to be in class tomorrow night. China just changed the game. You better get silver and you better get it now because um China just cut off their supply starting January the 1st. (1:44:48) All that tomorrow night. See you at 7:00. I love every one of you. May the God of heaven bless you and keep you. That is always my prayer for each and every one of you. Good night, America. We'll see you tomorrow night, 7:00 central. Good night.