Hard Asset Money Show

Christian joins NTD news to discuss the Trump transition to power in the White House, as we’re starting to see Trump’s new administration take form as he fills in key government positions. Yesterday, we received news that Tulsi Gabbard has been appointed as the director of national intelligence, and most if not all Americans are waiting to see how Trump’s second term will change the course of American economy, fiscal policies and government spending.

Christian guests on NTD News. He speaks about the mixed reactions in the financial world, where a second Trump term will impact the economy. On one hand, markets have been rallying. The S&P 500 is up about 3.5% since Election Day, and the Russell 2000 Index of small cap companies is up about 6%. But on the other hand, officials like the Bank of France, who is also a European Bank member, said that president-elect Donald Trump’s economic agenda risks returning inflation to the United States, as well as hurting economic growth worldwide.

On this podcast, Christian guests on NTD News, as he talks about where things are with America's economy, including cutting all small business taxes for 2-3 years, as well as cutting the taxes on people earning a lot less on the corporate rate in small businesses.

BRICS and gold are interrelated. And as BRICS continues to go higher, you're going to track gold. You're going to be able to know where gold's going. We're going to see, now that this is confirmed, they're going to back purchasing gold. Russia announced that they were increasing gold purchasing by over six hundred percent for September. They had to meet a number. The BRICS membership is a twenty eight year cooperation agreement. It excludes the United States dollar base. It has a use your partner's business as your own. In other words, we've all got to work together if we're BRICS members. Instead of going outside, we stay inside. We use the inside currency, mBridge. We back it by gold. Every nation has to proportionately put up some measure of gold. Obviously, Russia, being one of the largest economies, now is sitting over that two trillion, two and a half trillion dollar economy. It has to measure up to the same standards percentage-wise, importantly. And so this announcement is kind of like announcing that the U.S. government is going to buy stocks and buy all of them up.

Christian is a guest speaker on the latest Voice of Reason podcast. Concerning the upcoming unrealized capital gains tax for US citizens… Kamala Harris, after being elected president, will write this law into effect and say “This is what we start taxing you on January 1st.” Whatever you own on December 31st of 2024, that's what's going to carry over to January 1st, and that's the asset base. Then they're going to use this model to come and get your asset base. What would you do differently today knowing Harris’ policies? Price control alone is going to destroy the economy. There's no way they would have broadcasted these policies, this unrealized capital gains tax, which is nothing more than a wealth tax. 

We have to be thinking what if Kamala wins? What would I do now? What would I do differently? What would I do for the future? And that's really what this is all about, and the reason why the Coens and the Blackstones and Blackrock are buying hard assets is because they know that that the Republicans will ultimately not take the white house forever and eventually will succumb to a hardcore left ideology both on a social and fiscal policies. Rare coin prices have gone up considerably in the last 3 years.

Once the Biden administration took hold, they put basically nine trillion dollars of fresh capital on the street. Inflation was a given but that's not the worst part. Inflation is an overall indicator of a destruction of a currency, because by inflation you overstimulate the economy, and that cannot necessarily be completely bad, but it's really bad when you do it to such a level like what the Biden administration did. It destroyed the buying power of the consumer, and when you look at like the middle class, they cannot afford to have ten percent of your inflation because their wages do not accelerate, or to certainly maintain that growth each and every year. Inflation has grown 25 percent in two and a half years. So we've had an acceleration in the amount of debt as a percentage per capita.

Christian comes up with a private sector solution, rather than government interference, in order to be able to offer tuition for colleges and trade schools as well as student debt relief. Additionally, he offers a way to reduce healthcare costs by lowering the cost of long-term healthcare to the individual less with medication. He talks about a whole opportunity to create a new model of quality healthcare without substituting Medicare.

Christian talks about Kamala Harris on this latest podcast. What exactly is making her poll numbers so high? Why is she gaining so much momentum, and if that momentum is real, how does it break down? Three of her main talking points include 1) Universal Basic Healthcare, which will bring inflation through the roof through health care costs, 2) Universal Basic Income, and 3) Green Energy Policies. From her support of the Green New Deal, the Inflation Reduction Act, and previous opposition to fracking, Kamala Harris's energy agenda would bring America to its knees and causing a massive loss estimated as much as ten to 15 percent of our GDP.