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 total economic chaos. There's 15 things I want to talk about in this video that are adding to the chaos. Let's get into it. The bouncer trade has been negative for so many years now where we buy more from other countries than they buy from us. But the most significant thing that's coming out of all of this tariff uncertainty and taco trade and back and forth is the fact that businesses worldwide are locking up. And you guys know all about the dead bomb. I've been talking about it if you've been here for

over a decade, but you know all about it because of the US debt clock and you know how much money is owed. You hear about it all the time and what are we going to do about it? How we're going to pay it off? We're not going to pay it off. We are either going to default or default through inflation. There's literally no other choice except if they did a massive gold revaluation. But that's another topic for another time. I did a video about the gold revaluation you should see because it's very likely

to happen. It should happen logically. But here's a chart of the debt situation in the United States of America. And every year we have an operating deficit. That means we're spending a lot more money than we bring in from taxes. Most of the time when we spend money, it's already gets spent first. And then we come down to the point where we say we can't default. That would be an economic crisis. And they print more money. They do whatever they got to do to keep the country going, paying all the debts with

borrowed money from American citizens, borrowed money from other countries, which doesn't really happen as much anymore. Quite the opposite actually. Or they can create new money. There's tricks they can do. But as long as this operating deficit is happening, it means that we're spending more than we're bringing in. And as long as you do that, the same thing happens with your teenage kid and the country of the United States. If you spend more than you bring in, then that's just going to add to the

deficit. is going to add to the debts. I always humbly ask you guys to please click like on the video. It really helps us spread the word or watch till the end or make a comment or forward the video. Anything you could do to help us spread the word to help more people would be most greatly appreciated by me by everybody. I told you about this recession coming through town as a rolling recession started ages ago. Right now it's on manufacturing next to all the recessionary effects of higher unemployment, more layoffs, more

financial instability. And you guys know that philosophy of money has fallen off a cliff. But if you remember, they're trying to get inflation started back in the day. They're trying to get inflation. We didn't have enough inflation. And they couldn't figure out how come they printed all that money. Inflation still didn't show up. And I said at the time, it explained at the time it's because the velocity of money has slowed down. So there's a lot more money not being used. That's why there

was no inflation. That is different than inflation came to town, came back down as I told her, as I told her. And now what's going to happen? Inflation's going to go higher again. Here's a chart of monetary creation. And you guys know that I don't trust these stock markets at all. And I showed you in a video recently that the average price earnings is about 29. But a way to look at it and really put it in perspective so you can understand how overvalued that is. a price earnings average for the S&P 500,

the average price earnings is 29. That means it would take 29 years of all of the earnings to be able to pay for the price of the stock. We're about to have a lock up in the supply chains and rising prices over the next few months. And it's none of my business and I don't care what you do, but you would want to start shopping for back to school stuff now. Maybe even Halloween, maybe even Christmas. If your little daughter wants a Susie Sparks a Lot doll, you might be able to get it now, but you might not be

able to get it in September, October, and a lot of people are going to be facing that all at once. The US dollar is finally broken as I explained to you that it was going to. Here's a chart of the DXY. This is the US dollar index and it started what I told you was coming and it's only begun what will continue further as the dollar loses even more comparative value against other fiat currencies. And of course, we're going to have the digital currency sooner or maybe rather than later. I don't know

when it's coming, but the central bank digital currency for well over a decade. I've been telling you how awful it would be. We need to fight against the CBDC. you need to be against it. I'm not kidding. The amount of power and control that will be brought to bear on the entire populace will be irreversible and an absolute weapon for uh evil or dishonest politician going forward. And I don't mean any of them now. I mean 10 years from now, politician comes along and says, "Wow,

look at this system that's in place." And all of a sudden they're forcing you into bailins. They're forcing you into a social credit score. If the CBDC becomes a reality, the world changes from what it was the entire time up to that point. It'll be different going forward forever. It'll be two different worlds. And of course, artificial intelligence is going to continue to hurt employment. It already is. It's not something that's going to happen. It's already begun.

That combined with the incoming recession, what you're looking at is a pretty significant reduction in the inflationary pressures. So while inflation is slated to go higher because of monetary creation and declining US dollar value, a lot of forces will be pushing inflation higher too. So it's kind of hard to call, but overall I believe that the forces pushing inflation higher will be dramatically stronger than the ones pulling it down. And there's a different attitude towards the United States worldwide right now.

I'm very interested to see the upcoming tourism figures and the upcoming international sales figures because it's a big thing and it's going to show up in the next numbers that start coming out. These numbers are going to be lower and they'll continue to get lower just like the same thing we saw with the whole Elon Musk backlash tobacco. And in terms of the recession, I think at this point it's fair to admit that I would clearly never stop talking about it until it gets here. So if I'm talking about the

recession, it means we're not in it yet. When I stop talking about it, you should be worried. And with all this deolarization, which has never been more significant or extreme or pronounced than it is right now worldwide, with all this deolarization, I always say that nations will not need as many US dollars. So, they release them back into the wild. And just add some color to that, add some clarity. What I'm talking about is if you are Malaysia and you've got a lot of US dollars, you can use

those. If you don't need them anymore, pay back debts that you have in America. You could use to buy American goods. You could trade it for money, which is gold. Sell all your US dollars and buy a whole bunch of sell all your dollars and buy a whole bunch of gold. Or you could FX trade it with another country or buy something from them. There's a million ways you can get rid of it, but you just ooze it out. And once you get rid of all these US dollars, every single dollar does eventually gets back to the

American shores. US dollars are being pulled back just because they're not needed anymore. And where do they go? you and pay down some of your debts in the states, maybe you buy some military equipment, dollars just flow into the country. Besides ddollarization, the other things going on is dollar avoidance. And that's why you see also with the US dollar comes down same day that bonds come down, same day that stocks come down. Very rare, very bad sign in terms of economic chaos. All these wars are the big ones and they

aren't showing signs of letting up. You've got the war that Russia started. You've got a war in the Middle East. Soon there will be the one in the South China Sea if we decide to try and stand up for Taiwan, which was originally part of China. But do this for me. Picture five NFL stadiums, big ones. Five completely full NFL stadiums. Think about all those people. Just in your mind, go through the five stadiums. All those people. That is how many people have died since April 2023 in the Sudin civil war that most of

you probably haven't even heard about. All told, there's 35 pretty significant conflicts worldwide right now. Myanmar, Indonesia, and one that I've talked to you guys about many times, what's going on in Kashmir right now, and they're even losing some fighter jets. Although it's deescalated, it's calmed down. But the problem isn't gone. It's just the current flare out deescalated. That's between India and Pakistan. But if you remember long time ago, I was talking

about Kashmir, telling you that it's a flash point. And there's another nation that's involved there. Who's the other country I told you about that also has some fingers in the pie or an eye on Kashmir is China. Well, check this out though. Okay. What got this video started was that I was looking at chaos theory. And okay, I'll ser theory put simply, if you have say three things and then you multiply it to nine, you say, "Okay, I tripled the number of things, but you didn't triple it. There's now

dozens and dozens of different combinations because of all the variables." The more the number of variables, the more the risk of something going wrong increases logarithmically. But it'll blow your mind when you combine some of these and think about how that chaos theory is going to manifest and make one of these branches snap. For example, you look at the declining gloss of money with this big debt bomb we're dealing with in the overvalued markets. Combine those three and then that makes a recipe for

disaster. Or you say you have a declining US dollar. The world's dolizing at the same time as we enter a recession. That's a recipe for chaos. We've got all this monetary creation right as the supply chains are locking up and all this tariff uncertainty during a time of escalating wars. It's a recipe for disaster. The risks right now are so much more extreme. But I always tell you exactly what I tell my friends and my family. When I told my daughter the other day, she's so happy

about ASM that she bought. I told her this gold trade is just getting started. As long as US dollar is getting printed, losing its purchasing power, as long as the GDP is declining, as long as we're entering an economic slowdown, the US dollar will continue to decline. meaning that gold, which never changes price, requires more dollars to buy the exact same thing. So, it looks like the price of gold is increasing, but it's not. But all those things are going to bring the value of the US dollar down,

therefore cost more for pork bellies and cotton. And did you see what happened to gold and silver and uranium and lithium and oil stocks the other day? That was a perfect day for what my overall approach and strategy has been for 15 straight years now. I told you you have to have some exposure to the oil companies. I told you you got to be focused on only precious metals, none of these speculative stocks and a couple unloved things like lithium and uranium. And they just all woke up. Some of these

uranium companies went up 20%. In a day. What will be good for gold is if interest rates drop and they print more money and they issue more debt and there's a decline in the GDP. If we enter a recession, all four of those things will be playing out in front of your eyes and the government will react to it the only way they know how, the only way they ever have up until this point in the history of mankind. So don't act like you're surprised, but we can't always in our busy lives keep an eye on all this stuff

as much as we want to. Certainly not as much as I tried to do. So that's why you want to have me in your pocket, me at your back and call anytime you want. Email me anything. Become a Peter Leads insider and I'm 247 with you at your side. Ask me anything you want, anytime you want. You want to learn more about it or our world famous stock picks, swing over to peters.com. You can even get the app from the main page over there.