Gold at $4,473, Samsung Ditches New Jersey, and the Honest Money Report | 06-15-26
LRT Video PodcastJune 15, 20261.18 GB

Gold at $4,473, Samsung Ditches New Jersey, and the Honest Money Report | 06-15-26

Sam Bushman and the Liberty RoundTable crew break down what the price of gold and silver really tells us about the value of your dollar, why businesses are fleeing high-tax states like California and New Jersey for Texas and Florida, and what it all means for the future of the American economy. Plus: election integrity updates, media trust collapse, Trump's regulatory overhaul, and a preview of the 2026 John Birch Society Conference in Salt Lake City. Guests: Curt Crosby (Local Honey Man) and Lew Moore (Hour of Decision, lewmoore.com) Timestamps: 0:00 Intro and today's topics 0:40 Curt Crosby joins / the "marshmallow dream" 1:18 Honest Money Report: Gold at $4,473, Silver at $75 2:30 What the silver dollar vs. Federal Reserve note really reveals 3:10 Why everyone is now angry about prices 5:35 Dollar Tree should be called the "$75 Store" 8:34 Lew Moore on honest money and the Federal Reserve 9:43 Should Trump abolish the Fed? 11:35 Trump, the IRS, tariffs, and economic reform 8:32 JBS 2026 Conference announcement (Salt Lake City) 9:37 Lou Moore bio and Ron Paul connection 14:07 California election counting never ends 11:30 Tina Peters was released from prison, still telling the truth 14:11 Samsung moves US HQ from New Jersey to Texas 15:51 States competing for business: the founders' design 17:36 California's "wrangler tax" and socialist math 18:29 Media trust crisis and America's political divide 20:22 Civility as a starting point 21:10 Closing thoughts and where to find everyone Call to Action: If this made you think, share it with someone who still believes the dollar is worth a dollar. Subscribe, spread the word, and visit libertyroundtable.com, localhoneyman.com, and lewmoore.com. God save the Republic.

[00:00:04] Broadcasting live from atop the Rocky Mountains, the crossroads of the West, you are listening to the Liberty Roundtable Radio Talk Show. Local honeyman, honest money report, public frustration over prices, jobless claims rise, Samsung votes with his feet, we're just getting started.

[00:00:31] Happy to have you along, my fellow Americans. I'm Sam Bushman. This is Liberty Roundtable Live. That means radio, TV, hard-hitting news, the network reviews to use, available everywhere. Spread the word, share the love, and it all starts now. Kirk Cosby's with me, affectionately known as the Honeyman, localhoneyman.com, and he's living the, what do they call that, the marshmallow dream? Hi, Kirk. Buenos dias. Greetings and salutations. Howdy, howdy, howdy. Thank you, Sam.

[00:01:01] You're very welcome, my friend. There's so much going on in the news, it's hard to even know where to start, but I got a couple of tidbits relating to the economy that I want to start with. Heath isn't with us, not feeling too well, so our prayers are with him, and he'll get better soon to be back with us, obviously. But in the meantime, though, I want to talk about the Honest Money Report. Gold is at $44.73, $44.73. Silver, $74.73.

[00:01:31] So silver is basically $75, and gold is almost $4,500. Do you want to comment on that first, Kirk? Well, that's a great thing to start off with. I mean, imagine the idea of Honest Money pervading our society, money that you can count on.

[00:01:50] You know, what's so amazing, Sam, is you look at each one of those, when they say $75, they mean it's a dollar silver coin. So, you know, what you've got is, here's one that our federal government minted, and it says $1 on it, and yet we know it today as it's worth 75 of our Federal Reserve notes.

[00:02:18] You know, our paper, the money, which tells you there's one thing that's gone down in value, and that is that paper money. It was printed more and more. So, one of them, you have to have, to get one silver dollar, you've got to have basically 75 of our Federal Reserve notes. And then you look at the gold part, as far as I know, that's a $20 gold piece.

[00:02:46] So, a $20 gold piece, $4,400, $4,500 of our paper Federal Reserve notes. Man, I'll tell you what. But, you know, if you wonder why houses cost so much, or cars, or whatever, then just go right to the source and say, look, you can see what's happened with our money. It makes it easy to understand why we've got a problem in America economically, too.

[00:03:14] Folks are melting down about prices. You know, there for a while, it was kind of a, you know, Republican-Democrat divide, and the Democrats are complaining, the Republicans were defending it. But now everybody's kind of saying, look, this has just gone too far. It's a little too much. And that's kind of one of the interesting statements Richard Mack has focused on right now, is we've just gone too far. What do you say, Kurt? Well, you couldn't agree more, Sam.

[00:03:39] Whenever you have some customers show up and want to get honey or they want to get in, you know, the wintertime, they want to get pine nuts. And the more seasoned ones, if you will, will say, man, I used to, I bought one of those for a dollar. And I'm like, well, if you bring me the right dollar, you can still buy it. You can buy a lot for a dollar. It's just the trick is the right dollar, you know, Sam?

[00:04:08] Yeah, that's the exact point. You know, I've decided what they need to do instead of calling it the dollar store. Do they need to call it the $75 store? What do you think, Kurt? $1.75 instead of Dollar Tree. Well, that's right. I mean, I hesitate to go in there because basically there's nothing but anything from China. But at my favorite store, you get things from everywhere, of course, you know.

[00:04:33] But, you know, I'll tell you what, they're going to have to change it because it's not a dollar anymore. You know, like you say, $1.75 or whatever it is. My wife's a fan of those facilities, if you will. Everybody is now because they have to be. That's kind of the story. All right, ladies and gentlemen, Lou Moore with us. Lou Moore is a well-known commentator. Does an incredible broadcast on the weekends, Liberty News Radio.

[00:05:01] Also been the campaign manager for Ron Paul for a long time back in the day. Worked for Mr. Metcalf for a while and everything else. Well, I guess he was with Metcalf in Washington. Man, the poor guy. He lived in Washington for a long time with Metcalf and company. All right, Lou, we are talking about the Honest Money Report. Gold is literally $44. $4,400. $4,400, I think. Almost $4,500, yeah. If it was $44, I'd have to take your leave and go see my gold dealer. But anyway.

[00:05:31] Yeah, you'd be buying the farm, wouldn't you? Yeah. So anyway, what do you think of that, though? We've decided that we're going to call them $1. You know how they have Dollar Tree and that kind of stuff, right? Dollar Store. Now they're going to be called $1.75. Yeah. Well, I mean, you know, we've needed Honest Money for America for my whole lifetime. That was the crusade of my boss in Washington, D.C., Jack Metcalf. That was his issue, was the Federal Reserve and the debasement of our currency by our enemies.

[00:06:01] And, you know, I mean, gold is money and nothing else is, as J.P. Morgan said at one time. Kurt, amen to that. Oh, yeah. It couldn't be more right. Silver and gold, like the Constitution says. I mean, Article 1, Section 10, no state shall make anything but gold and silver coin at tender and payment of debts. Pretty simple to understand. Totally.

[00:06:26] So I'm wondering, though, do you think President Trump, he's made kind of overtures that he's not really happy with the Federal Reserve, as we know. Do you think he'll, you know, abolish that thing or whatever? And, I mean, really, that's what we need someone to do is start to challenge the Federal Reserve and say, look, that's the real core of the economic problem. If we're going to have an Honest Money Report, doesn't honesty start there, Lou? Well, Sam, I think there's a growing appetite for challenging the Fed. I really do.

[00:06:52] But if you're asking me if I think Trump is going to do it, absolutely not. I do not think he's going to do that. I mean, there's so many other political difficulties where he is betraying his base right now. I hardly think he's going to take on the international bankers. But, you know, who knows? All I can say is I can't think of anybody else who would even attempt it.

[00:07:18] You know, but, I mean, I've been surprised with President Trump ever since he first showed up. And, you know, I can't think of a better surprise or more welcome Christmas gift or whatever else than that. But, you know, just go to work, President Trump, get rid of it. And we would back you a thousand percent. Ladies and gentlemen, one of the things that I think would really turn things around for the midterms, and it's very choppy right now. No one knows who's got the upper hand. And, you know, they're redistricting.

[00:07:48] And, you know, everybody's like, hey, that's a gerrymander. And everybody else is, no, if it's my way, it's never a gerrymander. If it's your way, of course it is kind of thing. But at the end of the day, what I really think President Trump could do economically, he's already cranked up the ERS. And I commend him for doing so, by the way. That's the tariffs. Now we need Congress to stabilize them and get behind the president big time. And then we need to jettison the IRS.

[00:08:11] If Donald got rid of the IRS and got with Congress and stabilized the tariffs and the ERS, he'd be a hero for millennia. Centuries, ladies and gentlemen. Hang tight. Lou Moore, Kirk Crosby, I am on your TV as well. Got an incredible guest coming up next half hour, too. Hang tight. Liberty Roundtable live. The future of America will not be decided in Washington alone. It will be shaped by informed citizens willing to stand up, get involved, and take action.

[00:08:39] Join the 2026 John Birch Society Conference Friday, June 5th and Saturday, June 6th at the beautiful Radisson Hotel downtown in Salt Lake City. Hear powerful presentations on protecting election integrity, restoring sound money, exposing the push for global control, and stopping a constitutional convention. Featuring keynote speakers including Phil Lyman, Catherine Austin Fitz, Alex Newman, and special remarks from JBS CEO Wayne Morrow.

[00:09:07] Enjoy a full weekend of education, strategy, networking, and inspiration with members and friends from across the country. Mark your calendar. Reserve your tickets. Be informed. Be equipped. Be part of the solution. Visit JBS Conference Salt Lake City 2026 at jbs.org slash conference today.

[00:09:36] Lou Moore with me. He's the author of Foreigner, the Unlikely Role of Ron Paul, Setting the Stage for Donald Trump. Donald Trump is carrying out a lot of Ron Paul-esque policies. We commend them both for their stances. We just need Trump to double down and get rid of the IRS now. What a Christmas president. What a 250th year celebration, President Trump. Let's do it. Anyway, Lou Moore currently hosts Hour of Decision on Liberty News Radio on the weekends.

[00:10:02] Lou Moore is a former congressional chief of staff for Metcalf. Speechwriter, national campaign manager for Ron Paul back in the day. Kirk Crosby with us, affectionately known as the honey man. Liberty-minded radio personality telling the tale of freedom. But there's economic news we're talking about in the Honest Money Report here. And the Trump administration pushes broad regulatory overhaul.

[00:10:28] They say federal agencies continue rolling out sweeping regulatory changes affecting business, labor, energy, health care, and environmental policy. Trump is really, in a lot of ways, he's not doing perfect. I get it. But in a lot of ways, he's dismantling so much regulation. We haven't seen this before in modern-day presidents either, Kirk. Very good, Sam.

[00:10:57] Sam, you know, you couldn't be more correct. And one other thing to throw into the mix, just if you will. Surprisingly, Sam, they don't have the results of the election in California yet. Oh, no. They can't get that for a long time because they've got to have the cheaters weigh in. And the mail-in ballots are just rolling in. So they can't really even decide when there's a lot. They don't even know when the election starts or ends anymore, Kirk. Well, they just have to count until they win, Sam.

[00:11:24] I mean, you know, it's all it takes. What do you think, Lou? Just count until they win? You guys are such cynics. I mean, I thought they were doing a pretty good job out there in California. I'm just kidding. I'm just kidding you. Yeah. I mean, you know, what can I say? The Democrats have an incredible vote-gathering operation in California, which involves many things that are at least on the edge of the law, if not breaking it.

[00:11:51] That doesn't even count what goes on with these machines. You know, the whole system is terrible. You know, I have a website with Lowell Nelson, your good friend, called securevote.news, where we cover election chicanery all over the country. And we inevitably return to California time after time after time. Yeah. You think the Jeffrey Epstein files were big, ladies and gentlemen. The vote fraud files are bigger. Oh, and it's all coming out, Sam.

[00:12:18] It's unbelievable the amount of material that's been surfaced just in the last couple of months about the 2020 election. And, I mean, it's beyond any doubt that election was stolen. Carrie Lake's election was stolen in Arizona in 2022. In California, I mean, people don't even know where to begin. So, you know, I wish Spencer Pratt the best there in L.A., but talk about an uphill climb. I mean, holy smokes. Kurt?

[00:12:47] In the good news section, which is, you know, occasionally it's tough to find. The Tina Peters, after, what, 600 plus days in federal prison or state prison, I'm not sure which kind it is, but locked up. Yeah, it was state prison there. When she's finally released, as far as I know, she's still, you know, she's got to watch out. Good, because I'll put her back in.

[00:13:15] But, you know, her first interview from prison, man, I'll tell you, she just basically said the same thing she's been saying for a long time, that, you know, the computer boys flipped the numbers in her county. Well, this just proves the truth shall set you free, ladies and gentlemen. She's set free and she's still telling the truth. I like that. Now, there's an interesting tidbit that I wanted to bring up on the economic news side of things.

[00:13:42] And we talked about federal agencies rolling out sweeping changes. That's good. And I really appreciate President Trump decreasing regulation. And really, the government's supposed to play field and get out of the way. Just a reminder for everybody from a constitutional perspective. However, Samsung now votes with its feet. I don't know if you guys saw this, but tech giant shifts U.S. headquarters to Texas as business migration accelerates.

[00:14:11] This is a huge story because they say Samsung Electronics plans to relocate its U.S. headquarters from New Jersey to Plano, Texas, less than a year after opening their new headquarters. Why are they doing that? Because the regulation, the control, the taxes is just out of control in Jersey.

[00:14:33] And some of the points to consider about this, the founders designed the American system so states would compete with one another, giving citizens a choice. And people are voting with their feet. I mean, you even got a, what is it, Samsung? Is it a Korean company? Anyway, they're literally voting with their feet and jettisoning New Jersey going to Texas, just like Elon Musk did and everybody else, Kurt. Well, you couldn't be more correct, Sam.

[00:14:59] I mean, there's a perfect example, and it's one of the beauties of American system. Hey, if places get out of control, you know, these Democrat-run socialist, you know, strongholds or weakholds, I'd call them. Man, you've got to leave. And so many places have done that. And it's nice because then you have that wide open space left again in California.

[00:15:28] Pretty soon when the last person's gone, they can just shut the lights out and say goodbye. Lou, what do you say to this one? No, absolutely. He's absolutely correct. And you're correct about our founders' design for the nation. And, you know, there's several states, I think there's nine right now, that don't have an income tax. One of them is Texas. There's states that have different levels of regulation.

[00:15:54] There's states that have income tax and a business tax, a gross receipts tax. And, I mean, that's extremely onerous. You know, and this is a battle I fought for years in Washington State. Washington State has, like, the third highest business taxes in the country. And people are fleeing there. I heard Starbucks is leaving Washington State. Amazon opened up a new headquarters a few years ago. I was actually tangentially involved with that. And, you know, it's just what you're talking about.

[00:16:24] They can see somewhere else to go that is where they're wanted, where they're appreciated, where the workforce maybe is better and has a better attitude. And, you know, people will get up and leave. Look at Elon Musk. He's got just, he pretty much has his whole operation in Texas. Now he used to have a car plant in Fremont, California with 8,000 employees. I think it would have been nice for those people for him to stay there. But they, you know, they just wouldn't work with him on anything.

[00:16:53] Anyway, the founders designed the American system so that states would compete with one another. I mentioned that. Healthy competition among states, folks, was intended to, quote, encourage lower taxes, better governance, stronger economy, greater individual liberty, less regulation. When taxes, regulations, and compliance costs become excessive, businesses bail. It's that simple. And they don't get it.

[00:17:22] I mean, in California and New York and New Jersey and everything, rather than getting it, all they're doing is railing on the companies going, oh, these guys are a bunch of idiots and mocking these companies. California even tried to create a, I don't know what you call it, pardon the pun if it were going to Texas. They wanted to try to create a Wrangler tax where you try to leave, Kurt, and I'm going to rope you anyway and steal your money even though you left the state, Kurt. I mean, it's incredible, isn't it, Sam?

[00:17:46] And these same officials, I mean, a lot of them, you know, these socialists are maybe Harvard grads or whatever. They don't seem to be able to do basic math, Sam. And in business, you know, you just look at your costs of doing business, and you've certainly got to include the high cost of out-of-control government. And that's what you do is you just figure out, hey, man, where is it more expensive?

[00:18:13] California, New Jersey, where is it less expensive? Florida, Texas, Utah, you know, I mean, that's a simple, basic thing, right? Yeah, but when you start adding zeros, it gets into the trillions. They can spend it, Kurt, but they can't count it. Lou? Yeah, fair enough. Anyway, it's just an established fact. There are different attitudes about business across this country, as Kurt said,

[00:18:39] and there are places to do business that are much friendlier than other places. You know, I left a place that was extremely hostile to business. You know, the mayor of Seattle just said, well, if Amazon leaves, bye-bye. You know, there's 50,000 employees of Amazon in Seattle. I mean, this woman is insane. But, you know, we got a big problem in this country.

[00:19:06] A lot of people don't have their minds right about freedom, about the free enterprise system, about the Constitution. But I know I'm speaking, singing to the choir here. Well, but I will say this, though. We're preaching the truth about this. That's why we're gaining numbers and growing and our trust factors increasing. Media trust crisis continues to leap across America. Americans remain sharply divided over which news organizations they trust,

[00:19:34] highlighting the nation's growing problem with the political divide. And my book's about to come out, Clarion Call for Civility, folks. But I'm telling you, we've got a massive political divide in America to where we can't even talk to one another anymore. And I think the media is really, well, let's just say this. They have a lion's share, media and the politicians, of making this divide happen, Lou. Well, I think there is a real divide, Sam. And, of course, our public school system and the entertainment industry.

[00:20:03] And, you know, there's a lot of reasons for that that go back 100 years of Fabian socialist conspiracy. I will use that term in this country. But, yes, but there is an incentive now, particularly with the Internet, for clickbait and just to create controversy, whether, you know, whether there's one there or not. And that exacerbates this problem four or five times. So, you know, we don't want the nation divided, really. The last thing I want is a civil war.

[00:20:33] The last thing I want is for states to break off. I hear all these great ideas, and a lot of them don't really sound so great. You know, and civility is always a good idea. It's always a good default. And you never know when you end up really agreeing with somebody a lot more than you think you might when you start talking with them. So 30 seconds. Kurt, last word to you, sir. Well, couldn't agree more.

[00:21:00] You know, and all we can say is look for the good. Ladies and gentlemen, promote the good things of the Constitution in America and freedom all over the world. We're for that. LocalHoneyMan.com. Lou Moore. Doing a great job. What is it? Lou Moore.com, Lou? Lou Moore.com. There you go. Lou Moore.com, everybody. I'm Sam Bushman. We're available everywhere. YouTube, Rumble, Truth Social. LibertyRoundTable.com. Spread the word.

[00:21:30] Share the love. And God save the Republic of the United States of America. God.