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 I see the US dollar as having all these warts on it that are just weighing it down. What do I mean by the warts? I'm talking about things like the fact that we're going to be lowering interest rates. There's big push for that. That's going to put more weakness into the dollar, so to speak. The lower the rates, the weaker the dollar. Also, that we have to create a lot more money, which will dilute the dollars out there. So, the value of each is a little bit less. And at the same time, we've got

these grinding supply chains that are kind of in doubt, a lot of uncertainty, a lot of many fewer ships coming over from China loaded with swimming pools and water guns and skateboards and laptops. The effects of the tariffs haven't even yet kicked in, but that's another story for another day. At the same time, we've got this massive debt bomb that we are in our lifetimes going to have to deal with for better or worse one way or another. And in our lifetimes, I mean, in our very soon coming years, because

you've heard it so long, we're at the end of the road. It's the edge of a cliff. You can only kick the can down that road so far. And then people say, "Yeah, but that was years ago." And just keeps on going, keeps on going, and there seems to be no end to this. My vote or my belief is that there is an end to it. that either goes really horribly or it results in a lot of massive changes to the entire financial system, the way things work. Revaluation of gold for example being a part of that

and you adapt to that. But the point is there is a point where you can't really go any further. For example, the interest costs on the debt is a trillion dollars now. a trillion dollars on just interest to keep the American debt going that we could have used to fill potholes and pay nurses. And I do please ask you to click like on this video and also to subscribe to the channel and please all that stuff. We love you guys. We're working hard for you. But these are what I see as these warts that are pulling

the dollar down all at once. Each one of them isn't enough to be a chaotic moment or an economic crisis or a dollar crisis. But when you add them all together, it becomes a lot of concern. If each warr's adding 10% more chance that the dollar is going to decline, then you add a bunch of them together, it gets heavier and heavier. And I've been expecting the US dollar to decline. You can watch it on that DXY, the dollar index, and Dixie to see how it's doing, but it's only in

relation to other fiat currencies. Fiat means it's not backed by anything. Fiat means by decree. It's when a king would say everyone's going to be using tree bark as the coin of the realm. And everyone says, "Yes, sir." I don't know if these warts can be treated, but I do think that they're spreading and I do think that they're increasing in size. And I do think at some point it's not a dollar anymore. It's just a piece of paper with a whole bunch of warts. This

is why I am a proponent of getting into real money, which is precious metals, which is mainly gold. And if you get into real money, you don't need to worry about these Ward covered dollars. Were any of you worried about gold the other day? because it went down what 45 bucks or 60 bucks or whatever. I bet you were and I bet some of you thought no Peter Le has always said don't worry about gold and this is back from when it was a,000 and whatever. You would drop 20 bucks. People freak out and now it's so

much higher. You're going to see bigger moves anyways because the percentage or the size of the thing that's changing in price is so much greater than it was at 1,600 or whatever. But even so, and peace in Iran and Israel is the greatest thing in the world. That is so much better than if there hadn't been peace and then all these investments go up and then you have that cursed guilt profit. I don't like having cursed money around me. But I've told you for a long time now about the oil wars that are already

ramping up pretty big all around the world. clandestine oil wars some more directly and as we'll talk about in just one second even the way they're moving oil around the world right now and the way that they're able to who has the capability to move a lot of oil over the ocean that even is coming into play it's becoming significant when I tell you that my brother-in-law a couple of his friends could shut down the straight of Hormuz and I'll tell you why I say stuff like that because it's not about a ship

going through the straight and This one group says you can't go through and they shoot them and sink them. It's about the insurance for the boat to go through at all. When anybody's shooting even missing or saying that they're going to shoot at boats going through or stop boats going through the Indie Choke Point, Panama Canal, whatever, then that has an effect immediately because the insurers start charging astronomical insurance prices or not even insuring boats at all. Kind of like when the West

Coast of America catches fire and the insurance companies are like, "Oh, it's too dangerous here, so we're not going to insure people here anymore. We're in the barrier islands in the Gulf of Mexico where it's disposable housing basically for a lot of these places." But you know those big oil tanker ships going across the ocean, which is the most effective and least expensive way to move oil worldwide, even better than train, better than pipeline. And pipelines, actually,

speaking of that, are actually a vulnerable target. It's easy to take out a pipeline. My brother-in-law and a couple of his buddies could do it. But of those tanker ships, China has I think it's 5,000 floating around with Chinese crews or crews from Southeast Asia who mainly are more loyal to China than to America, say, but they might be from Indonesia, they might be from Malaysia, they might be from Meanwhile, in America, we've got about 200 freight vessels and only about 100 of them, less than 100 actually are for

oil. So compare that to China who just has this entire armada and we've got a pretty good amount of boats. Sure. But not I mean with anything any statistic now China and India have such populations that it completely blows these things out of the water. Somebody comes up to me and they say there's more millionaires in China than you know like yeah it's hard to gauge anything. That's why you use things like financial ratios. When you divide one number by another number, you can compare companies of different size.

So you can say, "Wow, Microsoft is more efficient than this little $10 million company here or less efficient or they make more money from the money that they bring in or per employee." And you can compare them straight up even though one company is many times greater. And China's been building military islands up, some of them on top of known oil reserves. And here's the thing. Oil going out of Iran, 80, excuse me, 90% of that is going right to China. How much? This is a year old or two. It's not

fresh data because it takes a while, right? 560.63 million 2022 in US dollars value of oil going from Iran into China. That was one year and it's not any different now. And I will remind you that what led up to and caused the war, the Pearl Harbor attack which brought us into the war was incredibly closely tied to exactly something similar now that's going on. If we were to shut down oil supplies going into China, they choked off resources going into Japan. That led to Pearl Harbor. And you saw what happened

the other day when Trump and I got to say something good about Donald Trump in a second. When the bombs dropped and the price oil spiked and right away, one of the email exclusive alerts that sent out that the UN was having an emergency meeting. All the countries all of a sudden goof right there talking about what are we going to do about oil. That's how much they care. It's not about the war. It's not about the life or the death. It's about oil. They panicked. But it's so good. I was going

to say about Donald Trump. You guys know I'm not a Donald Trump fan because I don't like them as a person. I was talking to my parents yesterday and I saying to them, they're huge Trump fans. And I said, I guarantee that there was literally no other politician. And that's what it is. He's not a politician. No other politician who would have done that military strike. Not one. Name anybody. Think about all of them. Either party. Nobody would have done that. And I also think it was a

pretty good idea. That's just me. And as I always say, I'm not a horse in this race. And if you have a different opinion, you probably know better than I do. I don't even like talking about this stuff. But I'm just saying I give it credit where it's due. And I just wonder like why doesn't he just do like cool stuff all the time instead of then also sometimes being like kind of untoward. But if you're looking for a reason why wars are going to flare up again, you got not next year but the

year after that is the 100th anniversary of the Chinese PLA party. And that is seen as a very likely time higher percentage probability time of the actual action against Taiwan from mainland China. But if Texas wanted to break away from America, this would be equivalent to China acting like they have some kind of involvement in Texas and then they're going to go to war with us over Texas. But again, I don't have a horse in this or any race. I'm just trying to feed my kids. Don't forget to

subscribe and click like and tell your friends about my book and whatever. Like you're my employee now. just do all the stuff that I want you to present.