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JULY 18, 2025
EPISODE 612- 1PM
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GENIUS ACT PASSES
House sends crypto bill to Trump in historic win for industry House lawmakers also passed a second, much broader crypto market structure bill that will now go to the Senate.
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00:00:26
The. The welcome back to the Big big
00:01:00
show Global finance Forum. Of course, it's the number one
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finance show on Rumble and that's because of our listeners
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and subscribers. We really appreciate you guys.
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Of course, powered by Genesis Gold Group with your hosts Lance
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that influence economies across the globe.
00:01:41
George, what's up man? You're looking yellow, brother.
00:01:44
You're very yellow. I think it looks good with my
00:01:46
nice olive skin. I don't know.
00:01:49
Makes me think of that song. Black and yellow, black and
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yellow, black and. Yellow.
00:01:52
I don't know that song, sorry. No, you don't know it.
00:01:54
Nope. Maybe it's the way I sang it.
00:01:57
Probably could be. All right, let's fire off.
00:02:00
Let's kick it off. We got a lot to cover today that
00:02:02
that that genius act, you know, passed.
00:02:06
Of course there's a lot going on with that.
00:02:08
And of course, also the Clarity Act.
00:02:11
Let's talk about just giving a little shout out to our sponsors
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You don't want that. You want to have a back door
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just in case. And your back door is gold and
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silver. That's what the guys at Genesis
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take a snapshot. Now you can head over there
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after. Break me off the piece of that
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prepper bar. Let's go.
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It's Friday, second show of the day.
00:03:34
Running and gunning doing what we do.
00:03:37
So what we do here on the big big show and if you like the
00:03:39
show, thumbs up, comment, share and subscribe.
00:03:41
You guys have made us based on views the number one finance
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show and rumble. We try to cover everything on
00:03:47
this show. That way you can TuneIn get a
00:03:49
little round up of where the action is.
00:03:51
What's going on. Maybe what happened that maybe
00:03:53
you don't know about. Let's talk about the US House
00:03:58
passing these acts now. The House just sent the crypto
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bill to Trump. It's an historic win for the
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industry, House lawmakers. They also passed the second much
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broader crypto market structure bill and now is going to go to
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the Senate. That's the Clarity Act.
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They voted overwhelmingly on Thursday to pass the first ever
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major legislative overhaul of cryptocurrency regulation.
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They sent this bill. It'll create new rules for
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so-called stablecoins to the president's desk, and it's going
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to deliver crypto companies a historic lobbying victory.
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And, and this really proves without a shadow of a doubt,
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George, that this administration is pro crypto.
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Oh, without a doubt. Listen, you got a lot shockingly
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so. You had a lot of Democrats
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joined in on this one, as they should, because they know.
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Hakeem Jeffries joined in. Wow.
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Cause a lot of their constituents, although a lot of
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them they, you know, basically in the younger bait and younger
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age groups, which are, you know, grew up on crypto and this and
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that. So they'd be smart.
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They were smart to vote on it because, you know, crypto's a
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way for the future. And I'm so happy that they left
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out the, the Federal Reserve digital currency on this.
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That was it was huge. You know, what I think's
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interesting is how much the Democrats supported this bill.
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Of course it was industry backed crypto bill.
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They probably want to get some of that money for their next
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round of elections. But Maxine Waters, she was
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against it over and over and over again.
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Of course, she was the top Democrat on the House Financial
00:05:34
Services Committee, which I don't even understand.
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I mean, the woman can barely, you know, move around anymore.
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She's so damn old. That's why she doesn't like
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crypto. Yeah.
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She's stuck in her way. She's just listen, she's just
00:05:47
stuck in her ways. And it when it comes to anything
00:05:49
Trump, that woman's just going to be a no.
00:05:51
It's going to be a no. It could be the best thing for
00:05:55
constituents and she'll still be a no.
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They can't get over that. TDs.
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Yeah, well, of course, the bill the the Democrats called for
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presidential ethics provisions to be added to the bills.
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You know, Trump's family, you know, the Trump coin and the
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Melania coin, you name it. Lots of other stuff they're
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concerned about, maybe rightfully so.
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I don't know. There's been a lot of that.
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But let's talk about what the Genius Act actually is, George.
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And that is the guiding and establishing national innovation
00:06:27
for US stablecoin. That's where they get the Genis
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Act. And I should say Genis, it's
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genius because I think it was genius the way they came about
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it. Let's talk about the top 10 most
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important parts of it, George. All right, man, I'm, I'm honored
00:06:41
to do so because this is, this is historic.
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This is, you know, regulatory framework for stable coin
00:06:47
issuance, the Genius Act, right? It establishes, listen guys,
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federal licensing pathway for stable coin issuers that
00:06:54
creating a clear rules for who can issue stable coins and under
00:07:00
what conditions. And let me just say this.
00:07:02
So Global's got their stable coin going to be coming out
00:07:04
soon. Just letting you guys know,
00:07:05
Solemn Global, go check out their website.
00:07:08
This framework it, it, this is bringing finally, this is what
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we all wanted regulatory clarity.
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Because if you didn't, if no, if you don't have anything on
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regulatory framework, you can't really build something that's
00:07:21
going to be actually going somewhere.
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But this is this is actually bringing so much confidence for
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institutions and consumers alike.
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And it's also going to be promoting innovation.
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Get this in the 238 billion stable coin market.
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And Lance, I think that number is going to be going a lot
00:07:39
higher. That, that, that number is
00:07:43
extremely low as to where the market's going.
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You're seeing it already. You're seeing that, you know,
00:07:47
once you have legislation in place that's that's smart, not
00:07:51
like what the SEC was doing, It's going to it's going to
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really propel the market to all new levels because people don't
00:07:56
have to wonder if they're going to be the next XRP or if they're
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going to get a fine for doing something that they thought they
00:08:02
were within the rules of. This helps with all bet.
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It gives them, it gives them the ability to project the future in
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a stable way. And I think it's really
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important. Now the one to one requirement
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is that the issue that I think is great.
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The issue is must maintain a 1 to 1 reserve ratio.
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So they have to back each stable coin with high quality liquid
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assets such as U.S. dollar, short term treasury securities
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or central bank reserves. This ensures that a stable coin
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can be redeemed at the pegged value, reducing the risk of
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collapse. As you guys saw Terra USD, that
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was a big collapse. A lot of people got burned.
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So I think this is great. Also the segregation of
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reserves. They're mandating that all the
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reserves be segregated from the issue as other assets, which
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means you can't you won't end up with this.
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They want to prohibit re hypo hypothecation, which basically
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allows a bank to reuse of reserves for other purposes.
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This way again, liquidity is there, you don't have to worry
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about it. It's going to protect the
00:09:01
consumer by ensuring reserves are available for redemption.
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And I guess even in cases of the if the issuer has financial
00:09:08
distress, I just. I want to go back and touch on
00:09:11
something when you said the one to one reserve requirement and
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that's hence the name stablecoin.
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That's what makes it stable because it has to be backed by
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something liquidity assets, whatever it may be, but that's
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the whole purpose of it. All right.
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Then you, you're also going to have like monthly reserve
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disclosures and audit issuers that are required.
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I know that are required to publish monthly reserve
00:09:35
disclosures to ensure transparency.
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And that's what we're all about about their assets back in their
00:09:41
stablecoin. So there ain't no, no, there's
00:09:44
no scheming with this. I mean, this is what we want for
00:09:50
security for this and and it was great.
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Who's doing those audits, George?
00:09:53
Do you know how they're going to handle those audits?
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Do you have any info on that? I do not yet I'm looking into
00:09:58
that, but interesting. This is over a 50 billion in in
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market capitalization must also provide annual audited financial
00:10:06
statements, enhancing accountability and consumer
00:10:09
trust and it all brings to the name stablecoin.
00:10:13
That's what this is what that name represents security,
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financial backing and no government oversight or reach, I
00:10:24
should say. But do you have the prior
00:10:26
there's priority for coin coin holders in in bankruptcy.
00:10:30
In the event of an issuer's bankruptcy, stable coin holders
00:10:34
are they're granted priority for repayment over other creditors.
00:10:38
That's a smart move. What does that say people crypto
00:10:41
is for the people, right Decentralized E5 this is this is
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this is like amazing because we are actually coming first for a
00:10:50
change over corporations and companies and stuff and.
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I think it's important. I think it's important that
00:10:55
people can know that the stable coin is issued, that it's a
00:10:59
trustworthy, you know, product. And I think when some of these
00:11:03
pieces of things they're put in place are definitely important.
00:11:05
Of course, the only the they also put in, you guys knew this
00:11:08
was going to happen, anti money laundering and anti terrorism
00:11:12
compliance, you know, in there also because of course there was
00:11:16
a lot of that going on. There still is issuers got must
00:11:19
comply with AML rules and anti terrorism sanctions addressing
00:11:23
concerns about illicit finance. This aligns stable coin
00:11:26
regulation with traditional financial systems, ensuring
00:11:29
oversight to prevent fraud, money laundering and of course
00:11:32
sanctions evasion. So I.
00:11:36
Think that's great? That's a great, that's a great
00:11:38
security feature because listen, we don't want any of the
00:11:42
nefarious things going on and you know, money laundering, anti
00:11:46
terrorism. No, we're not about that because
00:11:48
you're just going to ruin our crypto stable coins and
00:11:50
everything else. Retroactively, I think it's
00:11:52
going to impact some of the cryptos out there because we
00:11:54
know there's been a lot of use of the current cryptos like
00:11:57
Bitcoin and Ethereum on the dark web as an example.
00:12:02
Yeah, but just you're talking about that's the crypto part is
00:12:05
they're not they're this is more I think about stablecoin in the
00:12:09
essence. But you know, listen, you still
00:12:12
be able, if you want to buy stuff, you can buy stuff.
00:12:14
But we'll see what happens. Certain things, wallets, you
00:12:18
know. Well, they've also put a dual
00:12:20
regulatory model in place, so they're giving federal and state
00:12:25
oversight. So dual jurisdiction on how this
00:12:28
stuff is going to be covered and how they're going to supervise.
00:12:31
Issuers with over 10 billion in outstanding stable coins fall
00:12:34
under federal supervision by the Office of Comptroller of the
00:12:38
Currency. That's the OCC.
00:12:40
Of course, smaller issuers under 10 billion can operate under
00:12:44
state oversight if their framework meets federal
00:12:46
standards. So that kind of, I think what's
00:12:49
great about this dual mode is just kind of gives you it, you
00:12:51
know, a balance of innovation with oversight, but raises
00:12:55
concerns about maybe potential inconsistencies that could
00:12:58
happen. But I like this.
00:13:00
I like this kind of a blend of both of them participating in
00:13:03
oversight. Yeah, I mean, I do too, but
00:13:06
like, you know, like it could create some inconsistencies, you
00:13:11
know, state doing this, feds doing this.
00:13:13
We know that happens. Yeah, let's hope they just
00:13:16
figure it out and you know, there's no infighting between
00:13:19
the two and just let us, let us live with our crypto because you
00:13:23
know what, it's in crypto. We trust, man, just let us let
00:13:26
us be. But there's restriction and non
00:13:28
financial issuers, public companies not primarily engaged
00:13:32
in financial services example like Amazon, Walmart are
00:13:35
restricted from issuing stable coins unless they receive
00:13:40
unanimous approval from the stable coin certification review
00:13:43
committee. Now you know what I'm all for
00:13:46
that keep Amazon Walmart, keep them out of it because they're
00:13:50
they're monopolizing enough of the market in other ways.
00:13:52
And you know, with all their billions of dollars, they could
00:13:56
just do, I can say, do damage, You know, where they monopolize
00:14:00
stuff. This is actually, this is good
00:14:02
because it's going to prevent market dominance by tech giants.
00:14:06
So we'll see, you know, because look, if you look at throughout
00:14:10
history of tech giants, now they're, they're I mean, from
00:14:13
Meta, Facebook, TikTok, Amazon, they're just taking over stuff
00:14:20
and just building and building. So, you know, I think it's a
00:14:24
great thing. You all should.
00:14:26
But consumer protection measures, the ACT.
00:14:28
This is actually ensures existing cut consumer protection
00:14:31
laws enforced by the Consumer Financial Protection Bureau and
00:14:36
FTC apply to stable coin issuers.
00:14:39
This is preventing regulatory loopholes.
00:14:42
And also now this is going to ban issuers from promoting yield
00:14:45
or interest bearing features to reduce speculative risk.
00:14:48
I don't know what your take thing on that Lance, if that's.
00:14:53
Listen, at the end of the day, I think that, you know, again, the
00:14:57
FTC and the Consumer Financial Protection Bureau, I'm, I'm not
00:15:01
in love with them, but I think it's important that we don't
00:15:05
just wipe out everything that's out there to, to protect the
00:15:07
consumer. In this case, there's going to
00:15:10
need to be some modification cause those consumer laws need
00:15:12
to be modified to really hit the cryptocurrency decentralized
00:15:15
finance world. So hopefully that'll be a hand
00:15:18
in hand thing that they will make an effort to apply certain
00:15:21
acts. Cause of course, I don't want to
00:15:23
see people get taken advantage of.
00:15:24
I don't want to see rug pulls, you know, I don't want to see
00:15:27
pigs slaughtering all the different.
00:15:30
I just saw some a deal the other day, couple of kids flying on a
00:15:34
jet, private jet, young punks out of India and I guess there's
00:15:39
some part of a hacker group and they were celebrating how they'd
00:15:43
screwed people over with bots and stolen their crypto.
00:15:47
And they? Do of course, now they're flying
00:15:49
around in a jet, so it tells you what kind of money they probably
00:15:51
took in. But it's disgusting.
00:15:53
I don't want to see that, you know?
00:15:54
I, I wonder how this is going to work with campaign finance laws
00:16:02
because you know, listen, the FTC, you know, they're behind
00:16:05
their gut. They're, they're late to the
00:16:06
game with a lot of stuff. Is this going to create?
00:16:09
I wonder if this is going to create more funneling of money
00:16:12
to candidates though. I would hope that the that
00:16:16
they're going to address that because I don't know if anything
00:16:19
was in the bill about that. We probably should look at it,
00:16:21
but there are considerations and that's a good one.
00:16:23
You just brought up, George, there's a lot of stuff that you
00:16:24
have to think about. You looked at the, you know,
00:16:28
Christian Catalini from MIT. He's arguing the ACT fosters
00:16:31
innovation, encourages competition and protects
00:16:34
consumers by setting clear standards.
00:16:37
And and his belief is that stable coins are a mainstream
00:16:39
payment tool. Now there are critics.
00:16:42
Elizabeth Warren, Jeff Merkley, they spoke.
00:16:45
Yeah, we of course, Elizabeth Warren, you know, she, you know,
00:16:49
Congressman Pocahontas, she potentially was worried about
00:16:52
enabling conflicts of interest. She's she brought up again
00:16:56
President Trump's tie to world liberty financial and of course
00:16:58
true social and their USD one stable coin and risk financial
00:17:03
instability or taxpayer funded bailouts if issuers fail.
00:17:07
Well, they've done it for the banks.
00:17:08
I mean, I have to be honest with you.
00:17:10
Why wouldn't they do it for the stable coin market?
00:17:12
I mean, you know, they they do it for the banks Willy nilly.
00:17:15
And I think there are some risks, George.
00:17:17
I think there are. I mean, there are because
00:17:20
listen, the ACT, it doesn't fully address custodial risk or
00:17:24
provide the Deposit Insurance akin to traditional bank
00:17:27
accounts and past stablecoin failures.
00:17:30
You had, what was it, Terra USD? You know, it does highlight the
00:17:34
need for stronger safeguards. And but yeah, listen, this is
00:17:39
just the beginning. We got somewhere.
00:17:41
But if you stick with the big name companies with Stablepoint,
00:17:45
I think you'll be all right instead of just going with any
00:17:47
Joe Schmo out there. But you know, it's just listen,
00:17:53
this still passed the Senate, but still requires House
00:17:55
approval because they made some changes to it and then.
00:17:57
Well, the House approved and they sent it back to President
00:17:59
Trump, didn't they? I think.
00:18:01
The Genius Act. Not the not the, not the not the
00:18:04
other act. Genius act.
00:18:08
That was the announcement today. The House sent it back to Donald
00:18:10
Trump that they approved it. OK, all right.
00:18:14
I missed that one. And I'm I've been busy all day,
00:18:17
so all right, but so we're good. It's all Trump is going to be
00:18:20
signing it sometime today then hopefully.
00:18:24
Actually I got to look. Did the House revive?
00:18:27
Did the revisions. I don't know what they did for
00:18:30
revisions. All I know is they said they
00:18:32
sent, they passed it and they sent it back to Donald Trump.
00:18:36
OK. I don't know if it could be
00:18:37
signed as is. If he's going to modify, is he
00:18:40
going to get kicked back? You know, maybe they put some
00:18:42
stuff in there he's not going to like about Liberty World
00:18:45
Financial, you know? I think he would have voiced, I
00:18:49
think he would have made phone calls before it even got passed
00:18:52
to get whatever if he didn't like something to get it out of
00:18:54
there. Either way, I think he's going
00:18:56
to he's signing it sometime today.
00:18:58
It'll be good ceremony and listen, it's good for the people
00:19:01
all across. It's good for the world because
00:19:05
it's going to generate a lot of money and income for the United
00:19:07
States, I'll tell you that. I agree.
00:19:11
And this is just the beginnings. What a year, What a year crypto
00:19:15
if you're. Crypto, and I want to say this,
00:19:17
if you guys like the show, thumbs up, comment, share and
00:19:19
subscribe. And if you're not watching the
00:19:21
crypto Power hour, this ought to be reason enough to tell you to
00:19:24
watch it #1 Crypto show on Rumble.
00:19:26
It's 3:00 PM on Wednesdays, 3:00 PM on Fridays, and we're going
00:19:30
to be talking about this, the education piece George did, he
00:19:34
put together a very complete the education piece about these acts
00:19:37
and kind of what they mean for you in your life.
00:19:41
If you're not involved with crypto, I'm telling you right
00:19:43
now, you might be making a big mistake.
00:19:45
It's generational wealth and it's an opportunity to get in at
00:19:47
the ground floor. XRP is on freaking fire, bro.
00:19:51
It's on fire. It is.
00:19:54
New time, all time high. I think it hit 352.
00:19:58
Had a little pull back, but we'll see what it what's going
00:20:00
to. I haven't looked at it today, so
00:20:01
I don't know where it's at today here.
00:20:03
I don't know, but it's going. All right, let's talk about
00:20:06
gold. Gold, of course is easing on a
00:20:09
firmer dollar. That's normal.
00:20:11
Lots of solid U.S. data. the US retail sales beat expectations
00:20:16
in June, you guys know that. And the Fed's Hoogler, again, no
00:20:20
rate cut for some time. Of course, they're saying it's
00:20:24
the tariffs. Jerome Powell saying it's the
00:20:26
tariffs. Now here's what's interesting.
00:20:29
Palladium just hit a new two year high.
00:20:34
That's pretty big. It's near its two year peak.
00:20:36
It's almost there. So interesting.
00:20:39
I'm not sure what's driving the Palladium prices.
00:20:41
We'll have to look into that for you.
00:20:42
But of course, gold prices edged lower on Thursday, way down by
00:20:45
the stronger dollar, robust U.S. economy.
00:20:49
You know, of course that's caution, but it's always on the
00:20:52
dip. You can always buy.
00:20:53
It's always a time to accumulate whenever there's Dimes in the
00:20:56
dip. But look, 3345, it's still way
00:21:00
up for the 12 month period and you know, there was a bit of a
00:21:03
rise the US dollar against the US Treasury yields.
00:21:07
So this will all make sense. This is normal.
00:21:09
And of course, when that happens, it's going to cause
00:21:11
weakness in the gold market. That's standard.
00:21:14
And I think you guys just need to recognize that gold and
00:21:16
silver are for the long haul. You just want to have a certain
00:21:19
amount of your portfolio just, you know, in that.
00:21:21
So you can have really be, you know, cover a little bit of the
00:21:24
risk. And I think whenever you look at
00:21:26
gold, it's always regarded as a hedge against uncertainty,
00:21:28
inflation, but you know, higher interest rates are going to
00:21:32
diminish. Its appealed because it doesn't
00:21:34
get, it doesn't yield any interest.
00:21:36
So when interest rates are high and you can go get a bond yield
00:21:39
or you can go get a municipal yield or a yield on some other
00:21:42
investment, of course, you're not going to initially look at
00:21:44
hard assets. But remember, this is about
00:21:46
diversification and safety. It's a safety net.
00:21:49
Gold and silver gold exports from Switzerland jumped 44%
00:21:54
month on month in June. George.
00:21:58
You know, I just, there's another article about gold I've
00:22:01
seen somewhere this morning, something about China, about the
00:22:04
gold even going big over there. I mean, listen, we always say
00:22:09
this. I always say this.
00:22:10
Gold's always going to be the standard.
00:22:12
It's been always valued. It's always held its value since
00:22:16
it's, since the discovery ever. It's always gone up.
00:22:19
The only issue I have with gold is where's ours in Fort Knox?
00:22:23
I'm always going to bring that up.
00:22:25
Yeah, you know, it's crickets on Fort Knox.
00:22:28
But of course, look, the, like I said, the Swiss refinery, Swiss
00:22:32
customs data showing that they are way up, gold exports are way
00:22:37
up coming out of Switzerland, you know, and then bricks has
00:22:40
done some more accumulation. But Palladium, I know why it's
00:22:43
up. I found out why.
00:22:44
I just checked it just now. It's up 3.8% to $12177.78.
00:22:50
That's the highest level since September of 2023.
00:22:54
So very interesting. And it's because of the war in
00:22:57
Russia. Russia's a major Palladium
00:23:00
exporter. A lot of people are worried that
00:23:03
that there's going to be a supply concerns driving prices
00:23:06
up because of the Ukraine Russia war.
00:23:09
So that is what's driving the prices.
00:23:10
So it's I guess you never know. Listen, the other day I thought
00:23:14
that Donald Trump had legitimately said they should
00:23:16
use missiles inside of Moscow. I saw the post.
00:23:18
I thought no way did he say that.
00:23:20
Of course it turned out it was fake, but I'm sure that sent
00:23:23
everybody into a tizzy. Joke.
00:23:24
Well, he did say that. Did did he actually say?
00:23:27
That he did say that, but you have to look at Trump as he, you
00:23:30
know, he's just talking like he uses rhetoric just to, you know,
00:23:32
scare tactics, whatever you guys want to call it.
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Look, I'm going strong, baby. How much time do we have before
00:25:02
the break, George? How are we doing?
00:25:03
A couple minutes. All right, well, I don't, I
00:25:06
don't want to dig in too far, but I, I want to cover this
00:25:09
story. We may, we may go right over
00:25:12
into the over the break, meaning we'll do the break and then
00:25:14
we'll come back Lucid. Now you guys, George, have you
00:25:17
seen these EVs that Lucid produces?
00:25:20
They're actually really good looking and I know somebody that
00:25:22
owns a couple of them. They're they're really amazing
00:25:24
looking vehicles. And I'm always shocked that
00:25:26
Lucid's stock was hanging around a dollar and change.
00:25:30
It was just languishing a dollar and change 2 bucks right in
00:25:33
there. And you look at you look at
00:25:35
Tesla $319 right now. My understanding of these Lucid
00:25:39
E VS they have better drive times.
00:25:40
They got a lot of things and they have their own self driving
00:25:43
software called Neuro. OK, so that's that's one of the
00:25:46
big deals Lucid stock. Now a friend of mine was telling
00:25:49
me you should buy the stock you should buy the stock you should
00:25:51
buy the stock. I should have listened.
00:25:53
I didn't buy the stock. He thinks it's going to continue
00:25:56
to be crazy winner. It went up 40 some percent and
00:26:01
why? Because Uber has agreed to
00:26:03
purchase 20 Lucid E VS and they're going to use that neuro
00:26:08
self driving software and they are betting big.
00:26:11
Uber is betting big on robo taxis where you won't have to
00:26:14
deal with the driver, the robo tax, she'll just pick you up and
00:26:17
it's just a pureplay electric vehicle.
00:26:20
And I guess, of course for Uber, it's kind of a big deal 'cause
00:26:22
they won't have to pay a driver. That means that money will be
00:26:26
coming to the bottom line for them.
00:26:27
Sure, they'll have maintenance and they'll have repairs on the
00:26:29
vehicles. Now, this stock was going
00:26:32
around. I think it was a dollar and
00:26:33
change before it kicked off in the last 48 hours.
00:26:37
It hit 312 yesterday, was a little higher at one point right
00:26:41
out of the opening gate when they made the announcement, it
00:26:43
just blew up. And this autonomous tech firm,
00:26:47
Neuro, they're private, but this is a next.
00:26:51
They say this is the next generation in premium global
00:26:54
robo taxi programs. I understand that Lucid is also
00:26:58
in talks with several other groups for large purchases and
00:27:02
maybe 1 international large purchase.
00:27:05
So if you you know you might want to talk to your own
00:27:07
financial advisor. Lucid might be a stock at this
00:27:09
point that might be worth looking into.
00:27:13
So. These, now these EVs are going
00:27:15
to be owned and operated by Uber George.
00:27:17
Yeah, Uber's saying they're looking to deploy 20 or more
00:27:20
Lucid EVs over the next six years.
00:27:24
I mean, I don't know, does that sound like enough over, you
00:27:27
know, 20, let's say vehicles or or whatever, taxis, Ubers
00:27:34
doesn't seem like that's enough. But they want to launch it, I
00:27:37
think in Vegas is what they're talking about.
00:27:40
And then they're going to launch it in other cities.
00:27:42
So yeah, if it works, my guess is so they're going to invest.
00:27:46
Uber said it's going to invest as part of this deal about 300
00:27:50
million in Lucid in a similar a similar multi $100 million
00:27:55
investment in Neuro. Can you?
00:27:56
Can you? It's not just about buying the
00:27:58
vehicles. Can you see an autonomous car
00:28:00
driving around in New York City? You know, I would have said if
00:28:06
you'd said that to me about a year ago, I would have said, no
00:28:09
freaking way, it's going to crash.
00:28:10
But I'm going to tell you something.
00:28:12
The more I mess around with AI, the more I use it for our show,
00:28:16
the more I use it for other personal stuff.
00:28:19
You know, I'm using it to look at some contracts for a buddy of
00:28:21
mine on the property. You're missing the point, I
00:28:23
think on this one. I'm not talking.
00:28:25
I'm talking about when you're going driving your city and you
00:28:29
want to cross over and then there's people walking, you
00:28:31
know, you got to wait, but sometimes you got to inch
00:28:33
forward a little bit, you know, to get through or this and that,
00:28:35
you know, the EV, they're not going to do that.
00:28:38
I'm talking about stuff like that.
00:28:40
I don't. I don't know if I can.
00:28:42
I don't. You know, George, I know your
00:28:44
point because I grew up in New York, so I know what you're
00:28:45
talking. About why do you think they
00:28:46
always launch these EVs, these robo drivers where you want to
00:28:49
call them in Vegas in California?
00:28:51
Because they don't have the like the that type of thing here,
00:28:54
like in New York by me. Yeah.
00:28:56
So I don't know. I guess it's really going to
00:28:58
come down to to how smart AI becomes.
00:29:02
Will it be as smart as George Ballantine driving?
00:29:05
I don't know. Probably not the experience you
00:29:07
have of driving in the city, but could it get close and it's
00:29:11
close good enough. Can you imagine the impact on
00:29:15
the taxi drivers if all of a sudden Uber starts deploying
00:29:20
these vehicles and all these other cities?
00:29:22
Uber Uber killed the taxi drivers in New York City and
00:29:28
other places. But now they took a beating.
00:29:31
Now add how this is going to kill the Uber driver.
00:29:35
Yeah, it's, I mean, yeah, they'll just a lone Uber driver.
00:29:38
I mean, I hope, you know, people get a choice.
00:29:40
You want on a robo driver? You want a real person?
00:29:42
I'm going for the real person. I mean, I'd probably take the
00:29:45
real person too, but there's a lot of people that probably want
00:29:47
the autonomous driving. You know, there's lots of people
00:29:50
that don't, you know, we want to talk to the driver and ask him
00:29:52
what's going on in town. And you and I end up, you know,
00:29:54
sometimes we get great information.
00:29:56
We talk about our show, we get into nice conversations with
00:29:58
people. Remember, we're you know, but
00:29:59
the younger. People don't want to do that
00:30:01
right? They don't.
00:30:02
Who was who was he? Who had his guns in the car?
00:30:04
He's like, man, I'll take you guys anywhere.
00:30:06
Just here's my personal. He was great.
00:30:09
He loved what we're doing out there.
00:30:10
So, yeah, you know, but I don't know, we'll see how it pans out.
00:30:15
But listen, it's that's where it's going.
00:30:18
But I just think like in certain congested areas, it's going to
00:30:21
be tough. Yeah, there is no doubt.
00:30:24
But you know, and I guess, I guess of course, you know, Uber
00:30:27
has also partnered with Alphabets, Google, you guys know
00:30:30
that, you know, so there's a big play here.
00:30:34
And I think that the fact that Lucien's been pulled into that
00:30:37
fold instead of Tesla, that's a big deal.
00:30:40
It's going to have some impact. There's no Tesla.
00:30:42
Doing their own thing, man. Well, I, yeah, I know they're,
00:30:45
they're already doing the robotaxi testing in Austin and
00:30:48
he said they're going to expand testing in San Francisco Bay
00:30:51
Area, which that's going to be something anybody that's driven
00:30:53
in San Francisco knows what I'm talking about.
00:30:56
And of course Uber. Uber did have its own robotaxi
00:30:59
operation, but the company pulled its efforts following a
00:31:01
high profile accident in Tempe, AZ in 2018.
00:31:05
Now Lucid, California-based company strong second quarter of
00:31:10
deliveries with the new Lucid Gravity SUV arriving and showed
00:31:14
Lucid's goal was to deliver 20 Air sedans and gravity SU
00:31:17
VS in 2025 seems ambition, but the orders coming from Uber will
00:31:21
help meet that goal, assuming Lucid ramps up up up gravity
00:31:25
production. So I think this is this is going
00:31:28
to be good for Lucid and I have to say it seems like with
00:31:31
everything that's going on with them, $3 and change might be a
00:31:35
smoking deal on this stock because you know, look, look
00:31:37
Tesla stocks 300 and change. I'm not comparing this to Tesla,
00:31:41
but I'm saying, you know, with Google behind them, Uber, you
00:31:45
know, they've got their their autonomous driving software that
00:31:48
seems to be high end. I don't know, guy might be
00:31:52
limited for these guys. You might see a much more
00:31:53
expensive stock here in the next 24 months.
00:31:56
So it might be worth talking to your financial advisor.
00:31:58
It's not financial advice ever on this show.
00:32:00
We're just educate to you as the possibilities.
00:32:03
You know Lucid when you talk about the stock, I mean, I never
00:32:07
really heard of Lucid. You don't.
00:32:08
You don't see any advertising for them.
00:32:11
You know who has two Lucid vehicles?
00:32:14
Biff. And he's been telling me about
00:32:16
the stock when it was down at a dollar and changed it.
00:32:18
This is an amazing stock. You should buy it.
00:32:21
And I didn't listen. Well, I wonder what's the price
00:32:24
on these cars I'm looking right now.
00:32:26
I want to see. Well, I don't know, You know, I
00:32:28
don't know what the incentives are anymore.
00:32:30
They had some great incentives on here in Denver.
00:32:32
You could get a Tesla or a car like this and you'd get like 15
00:32:35
to 20 grand in incentives. It was just insane for a while.
00:32:39
I don't know what Donald Trump's done to the incentive, so it's
00:32:41
hard to say. I think the mandates, EV
00:32:45
mandates touring available to order like from 79 grand
00:32:50
touring to 94, meaning yeah, yeah, they can keep it.
00:32:54
Yeah, I'm going my own way. Well, I'm going to say something
00:32:58
that I think is going to happen. I think Saudi Arabia is going to
00:33:03
make a deal with Lucid on some robo taxis for Dubai and other
00:33:08
locations. Now that's something I heard
00:33:10
might be valuable information you guys deal with.
00:33:12
Do with it what you want, all right.
00:33:14
We'll see, because you know, they're big on the Teslas over
00:33:17
there. You've seen that when they
00:33:19
rolled out for Trump. The Saudi Arabia's Public
00:33:21
Investment fund, they own, it's interesting you said that they
00:33:25
own 5.3 billion in, in, in Tesla stock, but they own also 4.2
00:33:33
billion in Lucid stock. I mean, so they're kind of
00:33:40
they're hedging their bets on both of them.
00:33:42
I don't know. I mean, it's tough.
00:33:43
We'll see. All right, Well, listen, the
00:33:46
Global Finance Forum, of course, powered by Genesis Gold Group.
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We're going to take a short break.
00:33:51
If you like the show, do a $5 subscription and maybe maybe
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00:33:57
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00:34:01
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00:34:03
guys that were the number one finance show on Rumble.
00:34:06
Well, of course, appreciate you guys tuning in.
00:34:08
We'll be right back with George Bounty and myself, Lance
00:34:10
Familiotra. Stay tuned.
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they're looking to lock him up. But you know, President,
00:39:56
Brazilian President Luis Inciano Lulu da Silva, he he tried
00:40:03
setting the tone in his opening speech.
00:40:04
He goes. We're witnessing the collapse of
00:40:06
multi altruism. Yeah, multilateralism.
00:40:11
Oh. Lateralism.
00:40:11
Oops, the UN, he goes. The UN is 80 years old and it's
00:40:15
fault. Failing us.
00:40:17
Well, I kind of. Agree with.
00:40:18
I think he's kind of right on that.
00:40:19
I was going to say I. Hate to agree with him, I agree.
00:40:21
With him on that listen, I hate. To agree with Lulu, but he's
00:40:24
right. Listen, I'm going to agree if I,
00:40:25
I, if you're right and if you're wrong, we're going to call your
00:40:28
ass out. But Lulu called out the violence
00:40:30
in Gaza and Iran demanding A2 state solution, which I agree
00:40:35
should have a 2 state solution over there.
00:40:37
I'm I'm with that. They actually position bricks as
00:40:39
as the heir to the non aligned movement coalition of 121
00:40:44
nations that once stood apart from the Cold War superpowers.
00:40:49
You know, there's concern about bricks.
00:40:54
You know, they could depending on how things move.
00:40:58
But I think, you know, with Trump now, you know, they had
00:41:01
momentum when Biden was president.
00:41:03
Let's let's just face it back. Let's let's get let's talk nitty
00:41:06
gritty here, right here. They had the advantage when
00:41:08
Biden was president and they want nothing more for that guy
00:41:11
to serve another four more years because.
00:41:13
Or Harris. They would have loved Harris in
00:41:15
there. Yeah, she's a retard anyway.
00:41:18
But you know, with Trump and you seem, and this is what's kind of
00:41:22
weird because you got like who's involved with bricks Saudi
00:41:25
Arabia too. But you look at them, they they
00:41:27
rolled out the red carpet. We call him King Trump over
00:41:29
there. He's king of the Middle East.
00:41:32
And and look how much investment he brought from Saudi Arabia,
00:41:38
Qatar, Dubai. There's no, there's no Trump
00:41:44
doubt that Trump's put a damper on this.
00:41:46
But I think, you know, there was a move here at the summit that I
00:41:50
believe was a not so subtle jab at the United States, which of
00:41:54
course this was 126 point manifesto for change.
00:41:59
It condemned unilateral protectionist measures.
00:42:02
Of course that's the shot that that they took at the across the
00:42:05
bow of the US. They called for UN reform, I
00:42:07
believe like that. And of course they want to give
00:42:10
countries like Brazil and India a seat at the Security Council
00:42:12
table and push for equitable AI governance and climate action.
00:42:17
But I think the real bombshell is that a call to ditch the US
00:42:21
dollar in a global trade. BRICS is demanding multi
00:42:27
polarity financial, cultural and political.
00:42:31
The US is fighting to preserve hegemony in crisis.
00:42:35
That's why BRICS is a threat, you know.
00:42:37
So look, here's the deal. There's no doubt.
00:42:40
You know, BRICS, like George said, had a lot of momentum.
00:42:42
They've still got some momentum. They got a lot of a lot of
00:42:44
things moving, a lot of moving parts.
00:42:47
But the dollar's under siege. There's no doubt over 50% of
00:42:51
global transactions are in the US dollar.
00:42:53
You guys know that They don't really want the Petro dollar to
00:42:55
still be there, which gives America unmatched power to shape
00:42:59
markets and pose sanctions to control trade.
00:43:02
Brick BRICS wants to change that.
00:43:04
They want their own version of what I would call decentralized
00:43:06
finance in a way that they want to be able to use their local
00:43:10
currencies and trade and expand the BRICS new Development Bank,
00:43:13
where 25% of the loans are already in local currencies, a
00:43:16
number set to hit 30% by next year.
00:43:19
So that de dollarization push, it's not new.
00:43:22
Yeah, I know you guys have heard about it before, but it's
00:43:24
gaining a lot of steam. Of course, China and India are
00:43:26
trading in Juan and rupees already.
00:43:29
Russia's sanctioned by the West is all in on wanting to de
00:43:32
dollarize. Even Brazil, who is AUS ally but
00:43:37
of course with Lula in place, is leaning towards a world where
00:43:39
the dollar isn't king. I think, you know, monetary
00:43:42
multipolarity, you know, that's a direct attack on the dollar's
00:43:46
dominance and it has been. And I think, you know, these are
00:43:50
pre emptive kind of shots across the valley.
00:43:52
It's kind of like a pre emptive strike.
00:43:54
I think Donald Trump, of course, he's trying to do what he can.
00:43:58
Any country back and then this is a quote, any country backing
00:44:01
a new bricks currency, replacing his daughter will face 100%
00:44:04
tariffs. Say goodbye to America.
00:44:07
So he's not playing around. You know, there's some nasty
00:44:10
tariffs in place and more coming in.
00:44:12
A big one's coming in on batteries, battery components
00:44:16
coming out of China. So I you know and I, you know,
00:44:18
of course the world's changed. They don't want an emperor and
00:44:21
they don't want the US to be the only one out there.
00:44:23
Now of course the genius act is America's crypto.
00:44:26
Counterpunch talked about it early in the show.
00:44:28
Even though Bricks is plotting a dollar free future, the US is
00:44:31
fighting back not just with tariffs but with a ground
00:44:35
breaking new law. And I think what's important
00:44:38
here is to realize this is a multi pronged effort by the
00:44:42
Trump administration to stop bricks dead in its tracks.
00:44:46
And I think the people's voice you get down here, there's a lot
00:44:49
of stuff we talked about in the show earlier.
00:44:51
I'll leave it at that. I'm not going to rehash it
00:44:53
because of the time we have. But of course, you know, bricks
00:44:55
popular council, you know, back in Rio, it that's that summit
00:44:59
wasn't just about presidents and deck relations.
00:45:01
For the first time, BRICKS gave a platform to its people.
00:45:05
The popular Council brought together about 125 grassroots
00:45:08
groups, farmers, workers, academics from across member
00:45:11
nations and they had an opportunity to speak.
00:45:15
And it's a game changer. I think that these people are
00:45:17
saying that that it's really changing their lives.
00:45:19
The possibility of bricks, George.
00:45:23
You know what? Maybe we need to be threatened a
00:45:26
little bit, and maybe this is telling us that we need to end
00:45:30
the feds, go back on the gold standard.
00:45:33
Yeah, I don't know. But where is the gold?
00:45:36
Maybe we can't because we don't have the gold.
00:45:38
I don't know. But I do know we we need to end
00:45:41
the feds and just get rid of it. Now I'm wondering if we've got
00:45:43
the Bitcoin. I keep hearing reports that
00:45:45
maybe we don't have as many bitcoins as you're saying we
00:45:47
have. Yeah, I got that somewhere in
00:45:49
the stores I know. No gold, no Bitcoin.
00:45:52
What's going on, George? What did he say?
00:45:54
Very rich. Lance, what did I say when when
00:45:56
Trump made the crypto reserves, he made Bitcoin Reserve and
00:46:00
crypto reserves? I said, who's regulated?
00:46:02
He said. Where is he getting it from and
00:46:03
is it where he where is it and what's going to stop them from
00:46:06
borrowing it? What's?
00:46:07
Going to stop Congress from go go, putting their hands in the
00:46:10
till, slowly disappearing. And what?
00:46:13
Guess what? Facing that reality right now, I
00:46:17
don't. Know, I think, you know, Trump
00:46:19
is rightfully so afraid of what's going on here.
00:46:21
You know, I think they're, I think Bricks is playing the long
00:46:24
game, EU s s unipolar, you know, world is definitely cracking at
00:46:29
the seams. And people like Lula, who I
00:46:32
don't really like, you know, and the statements he's making are
00:46:35
relatively accurate. BRICS isn't about 1 nation.
00:46:38
It's about all of us. You know, Trump's threats won't
00:46:42
stop BRICS. They're not backing down.
00:46:45
And that's what Pedro Costa said, you know, put it best.
00:46:48
While Trump's says America first, BRICS says we all come
00:46:52
first. So that's a, that's a strong
00:46:54
play. You know, we'll keep an eye on
00:46:56
it, but you guys should be keeping an eye on it too,
00:46:58
because this is all about financial security.
00:47:01
The show is all about letting you know about things maybe that
00:47:03
you aren't paying attention to and you should be.
00:47:05
You know what you people are not talking about with this with the
00:47:08
bricks and you know, they say because they want to, you know,
00:47:12
topple the dollar. And it's not about 1 country,
00:47:17
you know, holding, holding into financial power.
00:47:20
But BRICS is, you know, not about 1 nation, but BRICS is
00:47:23
about all them together. But you know what?
00:47:26
I, I have a funny feeling that once they, if they do, I'm going
00:47:30
to say if, if they do get to that point that I don't think
00:47:34
China's going to want to share with them.
00:47:35
And I don't know, I think they have something up their sleeve.
00:47:39
Even Russia too, maybe. I want to circle back on Lucid.
00:47:43
You can't say that word Circle back bro.
00:47:45
OK, I want to go back to Lucid for a minute.
00:47:48
Somebody asked me in the chat, they said, well, what do you
00:47:50
think the stock might do? Again, I'm not a financial
00:47:53
advisor, but some of the people that I know are in the know on
00:47:55
Lucid have suggested before the end of the year it should be in
00:47:59
the high teens. So that tells you something.
00:48:02
A $3 stock, high teens, you could probably make a hell of a
00:48:05
return. I'm not telling you to bet the
00:48:06
farm, talk to your financial advisors, but that's what I've
00:48:08
been told. High teens is realistic.
00:48:11
They've got a couple other big robo taxi deals on the table
00:48:14
that they're close to completing.
00:48:16
So for whatever that's worth, that's what's going on.
00:48:18
All right, US firms, not George. I told you about a story.
00:48:23
I thought it was this story at first, but I don't know what
00:48:25
happened. There's a Wells Fargo employee
00:48:29
that went to China. She's originally from Singapore.
00:48:32
She lives in the United States. She went to China on a on a job
00:48:37
related trip. She's a supervisor and when she
00:48:40
went to leave China, they said no, they are not allowing her to
00:48:47
leave. So Wells Fargo put a stop
00:48:50
immediately on travel to China by their staff.
00:48:56
Pretty interesting stuff. Now you come up with this.
00:48:58
How? Long has she been here, though.
00:49:01
I don't know. They didn't say that.
00:49:03
They said, they said that they had no idea why she'd been
00:49:05
stopped because she was a citizen here.
00:49:07
Now you're saying that maybe China's saying, oh, you, you
00:49:10
left the country illegally. I don't know.
00:49:13
I, I'm not sure what to think at this point, but it's pretty
00:49:15
unnerving. Of course, there's some big
00:49:17
tariffs coming down the Pike this coming week on China, and
00:49:22
maybe they're starting to be a little retaliatory.
00:49:23
I don't know. We'll see what happens.
00:49:24
But US firms are retreating from China.
00:49:27
A record 52% of U.S. companies did not plan on making new
00:49:31
investments in China, according to a survey by the US China
00:49:36
Business Council. That's a significant increase
00:49:38
from the 20% that posted last year and said they wouldn't do
00:49:41
it. And I think this is, this is big
00:49:43
news here, major US multinationals, over 40% of
00:49:47
which generated at least a billion in revenue in China last
00:49:50
year and they're saying they're going to back off.
00:49:53
Now. Additionally, 27% of the firms
00:49:56
say they moved or plan to move some operations out of China and
00:50:00
that's the most since 2016. Now, that percentage has tripled
00:50:06
over the last four years. And Trump's trade war is
00:50:09
actually reshaping global economy, You know, since he took
00:50:13
office started with the tariffs. You know, we've been talking
00:50:15
about take your companies out of China, go somewhere else.
00:50:18
You had you said it over and over and over again that the
00:50:20
pain was coming and you better start preemptively making plans.
00:50:24
Because listen, you're just fueling China's economy.
00:50:27
And let's face it, they're communists.
00:50:29
There's a CCP. That's what it is.
00:50:33
And you know what? You know what, Lance?
00:50:35
Like, if you look at the people, think about China, right?
00:50:37
Oh, look at her GDP. Yeah, well, they only had that
00:50:40
kind of GDP because they they don't pay their citizens, their
00:50:43
workers, a lot of money to work. The government takes all the
00:50:47
money. That's why they have that much
00:50:48
money in the first place. Yeah.
00:50:50
And you got to remember, you know, don't, don't assume that
00:50:52
all the people of China for the audience, they're not all CCPA.
00:50:55
Lot of the people want to be rid of no.
00:50:56
We're talking about the government.
00:50:57
They don't have any way to do it.
00:50:58
Yeah, there's no doubt. But look, this is all about.
00:51:01
We told you about the tariffs. We told you they're continuing
00:51:03
to come. China hasn't to be able to
00:51:05
settle with the US. the US is set to impose.
00:51:07
Listen to this one, George. 93.5% tariff on battery material
00:51:13
from China. Now that's a preliminary anti
00:51:16
dumping duties to stop them from doing that.
00:51:20
And I guess one of the key components is graphite.
00:51:23
After concluding that materials have been unfairly subsidized.
00:51:28
So the trade association representing US graphite
00:51:30
producers in December filed petitions with two federal
00:51:34
agencies asking for investigations into whether
00:51:36
Chinese companies were violating anti dumping laws.
00:51:41
Now that that those new duties are going to add to the existing
00:51:45
rates, you know, which make the effective terror rate 160% to
00:51:51
American active anode material producers.
00:51:56
So man, that's ugly. It is anything with the CCP.
00:52:03
China is freaking ugly. Listen, it's it's been long
00:52:07
overdoing you. You always think like on both
00:52:10
sides of the aisle, they've been letting this loudness happen for
00:52:12
a long time. Both Republican presidents,
00:52:16
Democratic presidents, everybody.
00:52:18
And but Trump, you know what, he's the only one that stood up
00:52:21
to stood up to them because he's a businessman.
00:52:23
This is about business and rightfully so.
00:52:27
If what's crazy is you have, you know, I didn't want to say their
00:52:31
names, but you have people that like, you know, these
00:52:33
billionaires, they have some shows are on, you know, but they
00:52:37
all have their companies. They all want to outsource to
00:52:39
China, China, China just because it's cheaper.
00:52:43
But you know what, stop it. You're just fueling them, their
00:52:47
economy, their communism, and the Chinese people want out of
00:52:51
that shit. And they're too.
00:52:53
And most of it's slave labor too, by the way.
00:52:56
So you got to be aware of this, of course, you know that battery
00:52:59
supplier shares are already slipping in North America
00:53:02
because of this. You know, I think that what
00:53:07
they're looking to do is to prove that China is selling AAM
00:53:10
at less than fair value into the domestic market, which is
00:53:13
impacting our local suppliers. But this is going to be a blow
00:53:17
to battery manufacturers. You know, there's no doubt 166%
00:53:22
tariff equates to A7 dollar per kWh added cost to an average EV
00:53:27
battery cell or 1/5 of the battery manufacturing tax
00:53:30
credits that originally in the Inflation Reduction Act and
00:53:33
survived President Trump's budget bill.
00:53:35
So you're going to see this impact the cost of EVs for sure.
00:53:39
That's going to wipe out profits for one or two entire quarters
00:53:41
for the Korean battery makers. And of course, Tesla's going to
00:53:46
take a hit. It's it's key battery suppliers.
00:53:49
Japan's Panasonic Inc were among companies pushing to block the
00:53:53
new tariffs, arguing that they rely on Chinese graphite imports
00:53:56
because the domestic industry hasn't developed enough to meet
00:53:59
the quality standards and volume that the car maker Tesla
00:54:02
requires. So Tesla shares fell almost 1%
00:54:06
on that news. And graphite, so everybody knows
00:54:09
that's a key raw material. You have to have it used to make
00:54:12
anodes of the batteries. And nearly 180 metric tons
00:54:16
of graphite products were imported into the US last year.
00:54:19
I don't know if we don't have the ability to produce graphite.
00:54:22
I'm not sure the process to do it, but it seems like we have
00:54:25
really gotten lazy importing it because we probably could do it
00:54:28
for a lot less than manufacturing it.
00:54:30
But this is going to impact a lot of the manufacturers of EVs
00:54:33
and probably the solar groups also.
00:54:36
George. Yeah, like what?
00:54:39
China's only one with graphite, I mean.
00:54:41
I don't, I don't know if it's that or that they've just got,
00:54:44
you know, their production facilities are way ahead of the
00:54:46
curve. All right, but you know what,
00:54:49
Lance? This is why we need to take
00:54:51
Greenland. Yeah.
00:54:53
This is this is part of the reason.
00:54:55
I wonder what happened with that.
00:54:56
That's like with the Fort Knox. It's out the door.
00:54:58
Yeah. What happened to Canada?
00:54:59
I thought we were thinking about making Canada 50 seconds there.
00:55:01
You know what, I don't know if I want Canada bro, because there's
00:55:04
a lot of liberals there, man. Dude, Canada's not.
00:55:06
Dude, a lot of liberals bro. I'll put you up in Montreal.
00:55:08
There's all kinds of women up there for you, buddy.
00:55:10
OK, this is I'm for the country here.
00:55:13
I don't want Liberals and they get more seats in the house and
00:55:15
say no, yeah, don't worry about it.
00:55:18
I'm good. There's plenty.
00:55:20
Of fresh water, lots of mineral reserves, there's a.
00:55:22
Lot plenty of beautiful conservative American women
00:55:27
here. All right, all right, all right,
00:55:30
well, here's the deal. I don't know what's going to
00:55:32
happen with that. OK, well, listen, we're out of
00:55:33
time for today for the Global Finance Forum.
00:55:36
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George B at last words on the way out of the gate.
00:56:28
It's Friday the weekend. I hope you all enjoy it.
00:56:31
We got the crypto show at 3. Hope to see you there.
00:56:33
If not, we'll catch you on Monday 11 AM Eastern big me show
00:56:37
be there. But you know have a great
00:56:38
weekend stay blessed. Most importantly, stay frosty.
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a fit for you. Call now at 1-800-200-4653 or
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visit genesisgoldgroup.com.