[00:00:08] When you realize that mainstream media has sold you a box of rocks, it's time to tune into the Kate Dalley Show, America's newest addiction. The show starts now. There are two videos I really want your audience to watch. One is a 56 second video of the BIS General Manager Augustine Carstens in October 2020 explaining that with CBDC they will have central control to set the right to the world.
[00:00:38] How do you know how to enforce the rules and enforce them centrally? Our analysis on CBDC in particular for the use of general use, we tend to establish the equivalence with cash. And there is a huge difference there. For example, in cash we don't know who is using a $100 bill today. We don't know who is using a $1,000 bill today.
[00:01:04] The key difference with CBDC is that central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability. And also we will have the technology to enforce that.
[00:01:25] Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know, they were getting a little bit yippy, a little bit afraid. No other president would have done what I did. All right. We got a lot to talk about. Okay. That was Catherine Austin Fitz. And then I think that was the guy under Klausi. I can't remember his name right off the bat.
[00:01:49] But he was the one that called us all bottom feeders. The one that said, how dare we use a $100 bill without him knowing what we're spending it on? Yeah. And then that was Trump talking about the decision and announcement he made with tariffs and kind of said, you know, hey, everybody's getting yippy. So we're going to we're going to do something different here.
[00:02:08] So today, Tuesday, and really happy to be with all of you live today. In fact, you can call up and I really do want you to participate in this conversation because Mel Madison is on. And you know how much I adore Mel Mel. How are you doing? Doing great. How are you doing, Kate? I'm excellent. And I also I just want to say, look, here's the phone number. So write this into a text to yourself or use old fashioned pen and paper if you still have that around.
[00:02:37] Eight, eight, eight, six, seven, three, 1450. And you can actually call the show. So it's live right now. You can call eight, eight, eight, six, seven, three, 1450. And you can ask Mel questions. Mel is a great resource when it comes to understanding what's going on in the economy and with currency and with Bitcoin and with digital tyranny coming and all kinds of things. He wrote a book called Quaz, Q-U-O-Z. Pick up that book. Go to melmadison.com.
[00:03:06] And it's T-T, not D-D. So it's M-A-T-T-I-S-O-M. And also you can get this on video at X America News on X. So X America News dot com or you can go straight to X and watch it in the evening. I think it's like 830 Eastern. But just to kind of let you know, I am so excited to actually have you on because so much is happening in this in this part of the discussion of politics right now, Mel.
[00:03:36] And so there was there was the decision on tariffs. And I haven't talked to you in the last two weeks. So I want to kind of hear what you have to say on that on that, please. Exactly. So, I mean, the last time I was on was was the Tuesday right before Liberation Day, as it's called. And so, you know, things were choppy in the markets and essentially, you know, the investors were worried, but they thought he'd come out and say maybe a 10 percent tariff and then we're going to negotiate.
[00:04:06] And when he came out with that list in that chart, you know, it was like all heck broke loose. And we had just down day after down day. And so it got pretty tense there. As Trump said, it got a little yippee. And really what he was referring to is that there is just massive selling in the U.S. Treasury market, the bond market, which is by far the biggest, most liquid market in the world. It's the underpinning for all financial assets.
[00:04:33] And if that thing starts to malfunction, it's kind of lights out. So so it didn't surprise me when he came out and said, hey, we're backing off, because I think the market's reaction was justified. If you assume he was going to do everything he said he was going to do. But honestly, you know, I think a lot of people were like, this is an opening salvo negotiating and it's going to back off.
[00:04:59] And so, you know, what we're seeing, I think, is something I've talked about from the beginning is while I'm not necessarily against tariffs on a principled basis, I think that this this rollout and this execution has been far from optimal or correct. And I think what we're seeing is the the cracks in that. I'm hopeful that I'm hopeful that Lutnik and Navarro get a lot less face time than Scott Bessent, the Treasury secretary.
[00:05:28] And I think if we can do that, then these markets have a chance of coming out and and believe it or not, even, you know, going higher into the rest of the year. So I've been bearish all year in December. I thought markets were overpriced. And after this sell off, things are starting to look interesting to me. So that's not to say we can't go down further.
[00:05:49] But if I had to guess, you know, where we'll be in three months or six months or a year from now, I think we could be up and could be up quite a bit, actually, from where we're at. OK, so let's talk China. China's in the headlines today. Here is the the drudge sellout news. So this is mainstream media. OK, so here's the mainstream media spin. And then I want you to take the spin out of it if you can for us.
[00:06:13] So China assails peasants in USA, accuses NSA of cyber attacks, which I actually do believe that when it comes to cyber attacks, we're probably doing most of them. But anyway, suspends rare earth exports and halts Boeing deliveries. And he holds a stronger hand than Trump. What are your thoughts on the headlines today? Yeah, I don't think he holds a stronger hand than Trump.
[00:06:37] You know, those Boeing headlines, I believe Boeing accounts for something like two percent or China sales account for something like two percent of Boeing's revenue. They they're trying to build their own aviation manufacturing. And they also deal a lot with Airbus out of Europe. I I'll be honest with you. I think Xi and Trump are both not as powerful as either of them would like themselves. It thinks of themselves when they look in the mirror.
[00:07:07] I think I think they're really both held captive right now by markets. And and you saw Trump had to back down in the face of market reaction. And I think even though people would like to maybe paint a picture like, geez, this invulnerable, you know, all knowing, all powerful leader. I don't think he is as powerful as he likes to paint himself to be either. So I think both of these guys are really backed into corners right here.
[00:07:35] That's why I'm getting, you know, bullish on things is because we've talked about this since I first started coming on. The debt levels are unsustainable. There's really no easy way out of this. There's not going to be any balanced budget coming anytime soon. The government is kind of forced to spend like crazy, print money like crazy. And that's why I think you're seeing my favorite asset, gold, hit all time highs.
[00:08:03] I mean, since I've been coming on, I've been saying, you know, stocks are great. But if I had to say what what do I think is the best asset out there to own? It's gold. And it was what, you know, eighteen hundred dollars an ounce a year ago when I started coming on. That's right. Go through this bumpy period. And then at the end of the day, they're going to realize, OK, we got to keep spending money, printing money. Yeah.
[00:08:29] And and and what's going to happen if I get that one last thing is this is going to drive up bond yields. And so this is where you're going to need the Federal Reserve and or the Treasury Department to step up and step in and buy bonds and and bring down rates. And just yesterday, Scott Bessent did an interview on Bloomberg where he said, look, the Treasury Department has a lot of tools in its toolkits.
[00:08:56] We could expand our buyback of U.S. Treasury bonds, meaning the Treasury going into the market and buying U.S. bonds. And so we're going to have these policymakers continue to manipulate interest rates, manipulate the financial engines of the world, because otherwise, if free market forces were allowed to operate, we'd be heading for a massive collapse, depression 2.0. Oh, OK. I'm going to digest that while we take a caller. Hi, caller. You're on with Mel Madison. Go right ahead.
[00:09:26] Hello. Good afternoon, guys. Yeah. Mike from Coldfoot, Alaska here. And I just wanted to say, if China does that, we can do this. Mountain Pass Mine. Well, let me prefix that by saying there is no such thing as a good environmentalist. Now, my example is the Mountain Pass Mine. It's on the 15th freeway from L.A. to almost to Vegas. It's the cleanest mine in the world for rare earth elements. OK.
[00:09:54] The original one to discover europium. And europium is what we use to make the first color TV. OK. Now, Obama got in. Obama got in. And the corrupt environmental agent, EPA, they came up with a bogus excuse to shut them down. One of their water discharge was clear water, clean, drinkable water, potable.
[00:10:22] And it was discharging out in the desert. And it happened to discharge onto a slightly radioactive plane area, horizon there. And so Obama find them, shut them down. They had to come in and do all this upgrade. Millions of dollars. I think it was AmeriKem that owned the mine at the time. It was American-owned, 100%. Old-fashioned. One of the best mines. You could see it as you drive. It's so clean. And you can't hardly even see how huge this mine is. It's so well hidden.
[00:10:51] Anyway, so they did the upgrades. I think it was $50 million in upgrades. Obama came in and said, that's not enough. We want more. So that little squirt man beast that ran the EPA, fined them again, sent them to court. They went bankrupt. And guess who bought it out? The Chinese. They own it now. So let's nationalize it. Kick them back out and nationalize that mine. We won't need anybody else. Okay. Interesting. I love your phone call, by the way. Thank you. I love it. Okay.
[00:11:21] Mel, thoughts? Well, I mean, I think he's right, too. And just on a broader picture with these, quote unquote, rare earths, they're not that rare, right? We do have them in the United States. They're in other parts of the world, Canada, Africa, Russia, you know, different areas. We just haven't been mining them and we don't have the facilities to process them. So if we put those into place, they're not necessarily a game changer for us. But it does take time to do that.
[00:11:51] Right, right. I think, you know, Xi needs to be careful because if he proves that he can shut off the defense base or shut off manufacturing by with a flip of a switch, I think he actually makes the Trump administration's point, which is we have to do something about China. Yeah. And I think that that's where we could be heading. Yeah, you're right. It reminds me, too, of the 1970s, how many of us bought the energy crisis when the Secretary
[00:12:17] of the Interior at the time in his short-lived career was going around telling everybody, this is a lie. We have plenty of oil. What's going on here? And they made us stand in line per license plate numbers on which odd or even day that you could receive gas for your automobile. And we bought it. We believed it. And we believed that the Middle East was then in control of all of our energy. And that was the only place that we could retrieve it and not in the United States. So I'm with you on the they're not so rare. Things are not so rare.
[00:12:47] And we have all of those resources right here in the good old USA. But government seems to stop them from happening. Be right back with Mel Madison on The Kate Daly Show. Kate Daly Radio. Hey, everybody. You've heard me talk about allfamilypharma.com because it's the only pharmacy I've ever recommended on the air right here in the United States. You do not have to go to some foreign country and wonder what you're getting. It's done right here in Florida. And they have the code Kate and the number 10.
[00:13:17] OK, it's all one word, Kate 10. And you can get 10% off, which is amazing. And it helps me stay on the air when you get your prescriptions through allfamilypharma.com. They get sent to you within a couple of days. What's great about it is you can get ivermectin. It tells you how to use it. It actually tells you the dosages to take for whatever the problem is. You can get hydroxychloroquine. You can get hormones. You can get thyroid. You can get like all kinds of things from them if you take those types of things and even antibiotics.
[00:13:47] So make sure that you get it through them because it supports me being on the air. And then you're getting a great deal on getting a prescription sent to you. These are doctor prescribed because they have doctors in-house. And that makes it so much easier. You don't have to find a doctor. So if you want to stockpile ivermectin, you can. Isn't that great? And hydroxychloroquine and all the rest. Even a couple of Z-packs. You know, you can even use them to barter with if you don't use them personally. It's something that you should probably have at your disposal. So go to allfamilypharma.com.
[00:14:16] Code word is Kate 10. Thanks so much, you guys. This is the Kate Daly Show.
[00:14:35] I always thought they were saying we got the movies and it's we got to move these refrigerators. It's so funny how many lyrics I've gotten wrong through the years. I'm almost embarrassed to admit it. All right. Welcome back, Kate Daly Show. I've got Mel Madison.
[00:15:05] By the way, you can actually reach Mel on X. It's funny that we call it X now. I still refer to it as a Twitter in my head, but whatever. It's Mel Madison. Remember, it's with two T's. Okay. So Mel Madison 1. And you can actually follow him. And he's got a lot of great advice on this all the time. I'm always happy to have him on my show too. And allfamilypharmacy.com forward slash Kate. That's what you need to know so that you can actually get scripts sent to your door.
[00:15:35] And a good friend of mine ordered them, was listening to the show and never even told me that they ordered them. They ordered them and they were like, that was the easiest script I've ever received because it came right to their door in a few days. And they didn't, I mean, they don't have to go find a doctor for refills. And allfamilypharmacy.com forward slash Kate. You're going to love them. So ivermectin, fembenz, and all those things too to get rid of parasites. Okay. Let's go back to bonds, Mel. Let's talk about that.
[00:16:04] Well, really quick on this because I think, you know, I like to always, we go a little bit deeper than the main headlines. And I think the main headlines suggest, well, the U.S. has so much debt and we're addicted to spending. And so there's going to have to be so much debt and therefore, you know, yields are going to have to go up on bonds. And this is going to be very, very problematic. But, you know, behind the scenes, it's very out in the open, but it's not, you know, overtly called what it is.
[00:16:34] And its plans are being put in place to stuff these bonds on the balance sheets of the banks, on the balance sheet of the Fed, on the balance sheet of the Treasury. So, as I said, you know, yesterday, Besant did an interview. He talked about something called Treasury buyback programs. These are programs that were started so that the Treasury could go into the bond market and buy some bonds that were, like, issued on a weird date. And they have weird interest rates and buy them back.
[00:17:03] And yesterday he talked about going into the bond market to buy back bonds to essentially stabilize the market, to affect interest rates, which is something new. And it's the Treasury, it's what I consider a monetary power grab of the Treasury trying to take control of the bond market away from the Federal Reserve. And that's just one example. And there's more like the Supplementary Leverage Reserve, which is a ratio on the banks so that they can own Treasury bonds.
[00:17:32] And it counts as essentially zero risk. And they can own an unlimited amount of Treasury bonds and still loan out the same amount of money. So, these are all being put into place. So, there's a place for these bonds to go. Wow. Okay. And so, what else do you want people to know about? Because I know everybody is kind of itchy on blaming the tariffs for our economy right now. And I don't think that's what's brought us to this point because this is barely being enacted.
[00:18:02] So, what do you tell people about that? Because it's just funny to me, more leftists are doing this, but they don't really have a lot upstairs anyway. So, they immediately go where the media tells them to on the tariff. I don't think these tariff negotiations are what's been driving this. I think it's two things. Number one, stocks had gotten way too overpriced and expensive.
[00:18:25] There was way too much hopium with Trump coming in and he was going to wave a magic wand and we were going to have low inflation and, you know, cheap houses and gangbusters growth and all this was and no inflation. You know, everything was going to be peaches. And then he comes in and it's not. And so, that's a complete, you know, kind of sentiment shift and that's a big part of it.
[00:18:47] The tariffs are a catalyst and a trigger for, I think, people to take a closer look at the U.S. debt situation, which is truly untenable, unsustainable. And when you look at the $37 trillion in debt, the Treasury just released last week's latest monthly spending report. We've got a 40 percent larger deficit at this time of the year than we did last year at this time.
[00:19:12] We've got over a trillion dollars in deficit already in fiscal year 2025. And we're on pace for record spending during non-recession times. So, everything does look bad. And I think that's why the market feels the way it does. What I think they're underestimating is the rabbits that the Federal Reserve and the Treasury Department are going to pull out of their hats in order to calm things down and essentially, as I said, avert a collapse.
[00:19:41] Because if free market forces just could go, yeah, the U.S. is in an untenable situation. I'll be right back. More with Mel Madison. And, of course, you can call up 888-673-1450 if you're listening to us in the afternoon live. Be right back. Kate Daly Show. Hey, everybody.
[00:20:10] I just wanted to tell you, look, if you want to support truth in this world that does not support truth anymore in radio and TV, if you want to support me staying on the air, I'm one of the last people to tell the truth on the air. And I say that sincerely, having been in this for 14 years. Buy the cozy earth sheets. And you at least get something. Instead of just sending me money, you can actually get something for it. And I want to see that happen. I want you to sleep in these luxurious sheets every night.
[00:20:38] But doing that actually supports these sponsors supporting me in the show. So these sponsors that have stuck their neck out, this is so important. Please go to allfamilypharma.com. Code is Kate10. Go to the Atlas Olive Oil. You'll see it on katedalyradio.com. And the code word, of course, is Kate15 on that. And then at Cozy Earth, it's code Kate. Oh, my gosh. If you do that, you're getting these amazing products that I've chosen.
[00:21:06] But then you're supporting truth in radio because they're supporting me. And it's so hard nowadays to find that kind of support from sponsors that are stick their neck out. Please go to the sponsor list and pick some items and do that today for me to keep me on the air. And I really appreciate you. This is the Kate Daly Show.
[00:21:33] The Kate Daly Show. I've got the great Mel Madison on with me. And you know that's going to be fun. So, and we're live.
[00:22:02] So, 888-673-1450. Make sure you get over to Cozy Earth. You guys, I'm giving you guys the biggest hint of all for Mother's Day. Seriously. If you really love her and you're grateful that she bore your children and you really love your mom, okay, then get her the sheets that she's going to enjoy every single day. Okay? Every single night. A third of her life. It will be spent in these luxurious bamboo viso sheets that she'll never stop talking about because she's going to have that every night. What a gift.
[00:22:32] You can get them almost 50% off. Use the code word Kate right now. I am telling you. I'm giving you the biggest hint, okay? You can get it before Mother's Day. They have all the sizes right now. This has a 10-year warranty. And she can even sleep in them for 100 nights, okay? And still go, I don't know if I like them. And then turn them back in if she wants to. But let me just tell you, she won't. She'll talk about them all the time. And I love mine. All the guests that sleep in my house love them and are always commenting on them.
[00:23:02] I'm giving you this huge hint right now. Take advantage of it, okay? Go to cozyearth.com right now. Put in the code Kate. Get almost 50% off. Your wife, your mama, your wife. She's going to love it, okay? I'm just telling you. She's going to love this gift. The sheets and the loungewear. All right, Mel. Where do you want to go from here? Because there's a couple things on my mind to tell you the truth. I know I just asked you that. But number one, I want you to forecast because you're super good at forecasting.
[00:23:32] And you're usually right on the money. No pun intended. The other thing is I want to talk about Fort Knox. Now, Fort Knox is very interesting because it was put out there that we were going to get the truth about Fort Knox. And nothing. And no one's talking about that, that we got nothing. Just like the JFK files. We got really nothing. So what's your take on that? Yes. Well, I wasn't expecting there to ever be like a big full audit of Fort Knox.
[00:24:01] I thought that they might at least do a photo opportunity, right? A photo op where they go down there. And that might still be coming. And that's very easy to do. And I'm sure there is at least some bars of gold there involved and they can take some pictures. But that's not a full audit where you check the serial numbers of the bars, where you see if any of them are sold or what they call gold leasing if they're leased to other parties. And so I don't think we're ever going to get a full audit of Fort Knox even if we get a photo op.
[00:24:30] And then the other thing I was just going to mention with China and the U.S. is there really is really big, systemic, important issues at play here. The United States Defense Department is dependent upon China. And so we can't just cut them off. I was just looking at a graph of how many Chinese-made semiconductors are in FAA-18s or MIMITS-class carriers.
[00:24:57] It's thousands and thousands of semiconductors Chinese-made that go into all of our vital military and defense components. And that's going to take years to have that manufacturing capability. On the other hand, China has hundreds of millions of workers in factories that will lose their jobs if they stop exporting things to the United States. And if that happens, there will be political unrest in China. And Xi may look invincible, but he's really not.
[00:25:24] All these dictators look invincible and then all of a sudden they're done. So I think both sides have to come to the table. And I think right now what we're seeing, it's a lot of posturing, jockeying. You know, nobody's going to back down. Everybody's a tough guy. And I would be shocked if in two or three months, if not in two or three weeks,
[00:25:44] we hear some news that China and the U.S. have come to some sort of agreement in principle on what trade is going to look like going forward. Okay. All right. I have to get your thoughts on this, too. The Blue Origin. Hair and makeup and like perfect, like their makeup and hair just totally stayed. They went up in space and they were like weightless. And so six women went up.
[00:26:13] And I just wanted to get your first initial thoughts about that. What were you really thinking? When you say the word weightless, it makes me think that this could be a competitor to GLP ones. You know, I mean, if you really want to lose weight for that wedding coming up, all you got to do is go in space and you're going to you're going to cut down those pounds.
[00:26:40] I mean, honestly, when I saw some of those pictures and I didn't follow the story that closely, but I saw some of the pictures and I wondered if it was real. It looked like a trailer for, you know, some Hollywood movie was going to come out. So, I mean, what Jeff Bezos is thinking and Blue Origin and what this preoccupation that people like him and Elon Musk and Richard Branson at Virgin Galactic and these people have this preoccupation with space.
[00:27:05] I really wish a lot of this energy and creativity was put into figuring out a way to, like, grow food in the Mediterranean Sea or something. You know, if we could figure out how to harvest crops from the ocean, I mean, we'd be a lot better off than trying to get to Mars. But that's just my thing. You know, there was something about it that seemed fakish. Fakish. I'm just going to throw that out there.
[00:27:31] I don't think they would risk anything by putting these particular women, which, by the way, how did the choosing of these particular women was very interesting. But I don't I just thought the whole thing was kind of super scammy and trying to highlight how they all found their womanhood while floating weightless for 11 minutes was very interesting as well. Let's take a quick call. Hi, caller. You're on with Mel Madison. Go right ahead. Hi there. Hi.
[00:28:01] Say, that patch for Blue Origin, if you turn it upside down, it's a slam dunk of Baphomet. Yeah. Not even close. It's a slam dunk. And I wanted to ask Mel, what I've been thinking about, I like gold and silver, but it's hit a ratio now of like 105 to one.
[00:28:22] So gold's kind of taken off, but silver's, I think, kind of anchoring it because silver has industrial capacity, which we realize gold doesn't have an industrial use. It's in all of our electronics, computers, phones, everything, silver, that is, solar panels. I don't think they can let silver get away because they need these phones in our hands. They need us on the internet, right? So they can socially program us.
[00:28:52] And then what is it, like 1,500 ounces of silver goes into every Tomahawk missile. So I just want to see what you think about that. Okay. Thank you. Appreciate the call. All right. Mel? Yeah. No, those are great points. And silver is very useful. And I think it's precisely that fact that kind of hurts silver a little bit is that, as the caller suggested, it's needed for industrial reasons.
[00:29:16] And one of the reasons why gold is a monetary metal purely, other than jewelry, it doesn't get used too much, is that it's not useful for anything. And so, therefore, the price of it doesn't destroy an industry. If you tried to make copper a monetary metal and then the copper price quadrupled, then all of a sudden electricity and everything, the price to build a home gets ridiculous.
[00:29:43] So in a weird way, the fact that gold is not part of the industrial makeup of society that much is why it's a good monetary metal. And silver is a big part of our new industrial computer age. And it is necessary. And that might be why they're keeping the price down. All right. Another phone call. Make it fast. Call their 30 seconds. I just heard that Gayle King and Katy Perry are now heading up the new exploration of Saturn.
[00:30:14] Sorry. Thank you. Can we please send them away for a really long time and never hear from either one again? I would actually really appreciate that as a woman. So can you imagine having the career of Gayle King and only being known as Oprah's best friend and that people still have to identify her that way? And that she's so ridiculous that they'd place her on a morning show because she just doesn't have a brain.
[00:30:41] So I just it's amazing to me, the women that they picked. And then, you know, boob jobbed Jeff Bezos gal pal with her extensions floating. And I just laugh at these women that they sent up to claim their womanhood. So anyway, it's it's fun. All right. Be right back. More with Mel Madison from MelMadison.com. The book is Quaz. Get the book. It's really good. Be right back. Kate Daly show.
[00:31:22] Thank you. Thank you. Hi, everyone. It's Kate. I just wanted to mention my pillow dot com to you. You know, there's a lot of holidays and weddings and all kinds of things that we buy gifts for. And not to mention us. We buy things for ourselves. This is the best company for bedding. I mean, from everything from dog beds to pillows to sheets to towels to to stopping snoring. I mean, get the green pillow, get the blue pillow label from my pillow dot com.
[00:31:51] What an amazing company this is. And Mike Lindell is doing a heck of a job trying to inform everybody about the election fraud and actually have the proof there and show the proof behind election fraud. Also, Frank speech dot com. It's a sensor free Facebook. Go to my pillow dot com or you can call the number 800-873-1052 and make sure that you are ordering. Put in the code Kate. Get up to 40 percent off now. Oh, my gosh. You guys, the products are that good.
[00:32:19] I'm telling you, I was shocked by them. I was seriously shocked. Make sure you support the show. Truth and Radio. Mike Lindell. And you're going to get great products. It's a great three for not a two for a three for go to my pillow dot com. Get up to 40 percent off. This is the Kate Daly show.
[00:32:59] Welcome back. All right. Little major Tom for you. And I have a collar on hold. I have Mel Madison on. I do want to make sure that you get to the website because the remineralization of your teeth. The products like 20 bucks. Seriously. Love this product. It'll whiten your teeth, too. But it's really, really good.
[00:33:25] And the dentist expert that actually invented this will be on the show soon. And let me just tell you, it is fantastic product. Love this product. Remineralize your teeth. And I know as we get older, you have more and more problems, dental problems. And this is such a great way to fix them. And so go to the website. You'll see the link and order up because it's a fantastic product. And I really love it. Plus, for whitening, too. It's awesome. Okay. So Mel Madison is with me. The book is Quaz.
[00:33:55] You can actually find him at Mel Madison 1 on X and also on this show every other week. So I love that. Okay, caller. You're live. Go right ahead with Mel Madison. Hi, Kate. Hi. Hi. Go right ahead. Mel, I follow you on Twitter. I really look forward to your posts. So I have an oil and a water question. Okay. So with oil, really gas prices, where do you see that going over the next whatever, three
[00:34:24] months, six months, 12 months? And then also on water. Okay. We know that's really the most important resource is owning the land where the water is underneath it. Is that the only play on water? Or is there something else that I'm missing where you can own water, but not yet not on the land, whatever? The only way I've seen to do that is to get those machines that actually turn the humidity into water.
[00:34:53] But anyway, let me have Mel answer that. Thanks so much, Mike. Appreciate it. Okay. Go ahead, Mel. Mel. No, thank you, Mike. And I have to say on the water issue, I don't have any great ideas. I will think about that and take a look at it. And next time I'm on, if I have something to report, I will. As far as oil goes, oil has been interesting. It went up a little bit in the beginning of the year. And people thought, you know, we're in this global boom time with the Trump administration coming in.
[00:35:22] It's going to drive economic activity. It was over $80 a barrel. And now it's gotten all the way down into the 50s. It's trading around $60 a barrel right now, $61.50, I think, today. So I think what this is actually setting up for is going to be some surprise lower inflation numbers in the weeks and months ahead that is going to actually give people some hope that, hey, maybe we're not heading for an inflationary debt spiral.
[00:35:50] And I think that's going to be a little bit of a fake out. And it's going to help markets to rally. I think because oil is so low, that's going to help keep the CPI, the inflation index numbers low. But at the end of the day, as I've talked about in the beginning of the show, I think there is no path forward without more debt and more money printing. And that ultimately is inflationary. And so I would say in three months, maybe oil is not too different than where it is today,
[00:36:20] maybe a little bit higher. But in six months, 12 months, I definitely would see it back up into that $80 range, if not higher. So I think higher energy prices will be coming, but not necessarily anytime soon. Oh, OK. All righty. And OK. And anything else you want to forecast? Because I mean, I know you don't have a crystal ball. We all know that. But you've always been pretty good at incoming information and kind of going, OK, I think this is where we land maybe three to four months.
[00:36:50] The summer is weird because it seems as though there's a lot of hints of something's going on this summer. And I just wanted to get I just want to get your take. I don't know. There's something seems a little strange. So what's your take? Yes, definitely. I mean, like I was saying, I think we could get some surprise lower inflation reports. I think everybody is thinking we're headed to this massive inflation, which I believe we are. But I don't think it's going to happen overnight.
[00:37:19] And that, you know, typically when the inflation reports come out, they tend to be hotter or higher inflation in the beginning of the year. And as the year goes on, they tend to die down a little bit. And what really drives inflation in the short term is oil and energy prices. And as we just discussed, those are at I mean, when was the last time, you know, where I live here in North Carolina, it's like two sixty, two seventy a gallon for for gas. You know, you know, that's deflationary.
[00:37:48] That's not inflationary to have energy prices where they're at. So I think what we could see is, you know, like I said, we might not be done with the stock market turmoil in markets. A lot of times what happens in markets is they they sell off to a to a deep level and then they have a rally and then the market wants to almost go back and check itself. It's called a retest. And so I think we could definitely see markets going up a little bit in the next week or
[00:38:16] two, possibly retesting these lows that we put in last week. So going back down and then we start to build from there, because I do think that that at the end of the day, we're not going to be, you know, cutting off the government spending spigot. That's going to keep keep happening. We're going to have more T bill, T bond, T note issuance. And the money printing is going to continue.
[00:38:44] But in other forms than just what they called quantitative easing, it's going to be a little bit like stealth money printing where the banks are allowed to hold treasuries without it affecting their their leverage ratios, where we're going to have stable coin bill passed. And those those obviously buy government debt and hold that. So I think that's where we're heading. OK, caller, go right ahead. You're live. Make it fast. Yes.
[00:39:12] The key to creating rule of law is based in our national currency on upholding the Bill of Rights, which is the supreme law. And that's that's what the founders didn't do, that allowed the bankers to take over. There was a void left because we didn't base the national currency on the people's allegiance to the Bill of Rights. So I'm just wondering what Mel's perspective on that is, because that's the OK, that's what put the bankers in power in America. OK. All right. Mel, thank you very much. You betcha. Go ahead.
[00:39:42] Well, I do think we we sold some things out to the bankers. Right. And that's what we did in 1913 with the Federal Reserve. And like I said, I'm no fan of central banks. I think to just rip the Federal Reserve away, bring back the power of money creation to the Congress is the right thing to do. But if you did it too quickly, it would be a little jarring. And I think what we're going to see happen in coming years is the Treasury Department taking more of that monetary role.
[00:40:11] And I think Congress should really be the ones behind it, not the executive branch. So ideally, I would love to see Congress back in control of it. But the problem is, you know, our Congress has been just corrupted, right, by all the lobbyists and the dollars. And so, you know, the Constitution, the system is set up right. But we need things in place that the people in power that we have making these decisions are not kind of in the pockets of the money men. And unfortunately, that's where they are. Yeah, I know.
[00:40:41] There's such a long history there we could talk about and expose. But we have on the show before. And I think maybe we should probably draw attention to it again, just so people can understand backdrop, I guess, even new listeners. Anyway, well, I really appreciate you. Thank you, Mel. I'll be right back with more. And thanks to Mel Madison. Go follow him, MelMadison1 on X. And of course, you can get more at MelMadison.com. Get his book, Quaz. Be right back on The Kate Daly Show.
[00:41:09] I've got a lot to inform you about coming right back. And don't go anywhere. KateDalyRadio.com for the podcast of this year's live show. Be right back. Right now, do it. Thanks, you guys.