Title: EXCLUSIVE INTERVIEW WITH DANIELA CAMBONE: ZURICH PRECIOUS METALS CONFERENCE SIGNALS DANGER AHEAD
Author: Gerald Celente
Duration: 53 minutes
Description: The Trends Journal is a weekly magazine analyzing global current events forming future trends.
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Current Market Conditions
Gold Price Predictions
Precious Metals Outlook
Current Global Conflicts
Historical Context
Critique of Capitalism
Economic Disparities
Generational Disillusionment
The Role of Technology
"When all else fails, they take you to war." — Gerald Celente
"If you do not take an interest in the affairs of your government, then you're doomed to live under the rule of fools." — Plato
The interview between Gerald Celente and Daniela Cambone highlights critical concerns regarding the future of global economies, the precious metals market, and the implications of rising geopolitical tensions. The discussion reflects a deep-seated anxiety about the sustainability of capitalism, the potential for escalating conflicts, and the challenges faced by younger generations in an increasingly complex world. The interview serves as a call to action for individuals to reassess their financial strategies, particularly in terms of investing in physical assets like gold and silver, amidst uncertain times.
Hello everybody. Oh, what a great day. What a great day to be here today with the lovely lady who knows a lot about a lot, Daniela Camboni. And the people that she's interviewed over the decades, the information that she knows, the places she's been, there's hardly anybody like her anywhere or him that knows what Daniela Cambodi knows from what she does, where she's been, who she's interviewed. And Daniela, you just got back from uh a place I've never been to before, Zurich. >> Well, first and foremost, I want to say that if I have learned uh throughout these years, and I have um one of those pillars is you, Gerald. You have taught me so much, and I thank you for that. Oh, >> and you have been a loyal and steadfast friend throughout all these years that I've known you, and I thank you for that. Uh, but yes, it's so fun to be on the other side with you today. But yes, I just got back from Zurich. I was at the precious metals uh summit that is hosted by Jessica Leventhal. She does another one in uh Beaver Creek and it was fabulous. uh Frank Gustra, Pier Lan, Mark Fabber, Grant Williams, Rick Rule. Those were the keynotes and I was uh invited to moderate uh three of those. Um and everyone was asking where's Gerald because they see us as a team, Gerald. So they said, "Why didn't you bring Gerald out?" I said, "You know, I should have I should have said we gotta get Gerald." >> Oh, thank you. Got to get Gerald over here next year. >> I'd love to. So, tell me what was the take? What was the uh >> So, I have to say because I've been covering conferences for so long. Look, I mean, I'm not going to say anything shocking. It people are very bullish this sector. I mean, this is a show that was focused on gold and mining stock. So, people in the room made a lot of money. People were coming up to me saying this was the best year of their lives financially. Um, so obviously the mood was happy and but you know I think Frank Gustra said it best in a way that be careful what you wish for of when we are talking you know $5,000 $10,000 gold that it obviously means we're living in very different times and is that a world we necessarily want to be li living in? Right? At one point we have to say okay let's say gold gets to 10,000 but what does that mean? What does that involve? Right? But overall, I would say I haven't seen this optimism. I mean, who if you had told me a year ago gold was going to be over, you know, $4,000 an ounce. I mean, I probably would have I I would always believe it, but you know, it's this is really happening. It's this this run is real, Gerald. >> You know, they're 100% correct. It's it's you know it's great that gold prices are going up when you owe gold but it's showing you how bad everything is. You know I've been at this for 45 years and uh never have I seen such a degradation of humanity and economies. You know as going on the air you know just before I went on I just checked out you know precious metals and other things. Um Brent crude it's down today over a dollar a barrel. It's selling at $6345. Last year at this time was selling around $80, a little over 80. It's showing you that there's much more supply than demand and showing you how bad things are. And again, I've been at this one of my first one of my books, Trend Tracking, Far Better Than Mega Trends, Time Magazine. I wrote about how I bought gold in the 1978. when the Iranian crisis began. And of course, they taught us to hate Iran without telling us how the United States, the and the British, the MI6, and the CIA overthrew the democratically elected government of Muhammad Mosed in 1953 because Mosed had the gall, the nerve to say the oil in Iran belongs to the Iranian people. not Anglo Iranian oil, better known today as BP, or Standard Oil, better known today as Exxon Mobile. And they overthrew the government and brought in the Sha and the Savak, the secret police. So when the revolution began, I knew it was real. And I started buying gold back then. >> Wait, hold on, Joe. Because they had sanctioned the US sanctioned Iran. Correct. >> That's right. 1979 and then the bull run happened the same as what we just saw with Russia. >> Exactly. >> Yes. >> And he and that's a great point and people forget this and now they're starting to compare gold prices >> Yeah. >> skyrocketing back then and now. Totally different story. And here's the bottom line. >> Yeah. >> Back then, America was number one. You had a place like China. They had a gross domestic product. It was only like about a couple of hundred billion dollars GDP, a couple of hundred billion. Now 20 trillion. India had 126 billion GDP back then, now almost 5 trillion. America is not the same c country anymore. And these c countries around the world, the the bricks now control 40% of the global GDP. 40%. They've had enough of the United States geopolitical and economic age. The death of the dollar is before us. Again, go back to 7978. Whole different trip. Whole different trip. >> Yep. And on that point, so a few points. So Pierre Lasan, you know, Franco Nevada creator, multi-billionaire, um, basically creator of the royalty model. I remember I had interviewed him a few years back and he couldn't see there was no other alternative to the dollar. And even now he's talking like, yeah, dd dollararization is real. >> Yep. >> And the other two things that I that struck me, Gerald, that I wanted to bring up with you today is one, people were very bullish platinum and actually wanted to talk platinum more than gold. Just putting it out there. >> Yeah. >> And two, most of the keynotes who are very wealthy and perhaps were born and lived in Canada or the US, none of them live in North America. No one lives in North America. Okay? Now obviously they're wealthy enough to have homes in Zerat and Milano and Lago Damo and you know but a question that was asked repeatedly by the audience is a sense of confusion of people don't know where to live anymore. >> Yeah. >> And I find that so sad like remember the American dream by the white picket you know fence house three kids a puppy whatever but people don't know where to live anymore. They're like, "We want to live America. We want to leave America. Where do we go?" >> Yeah. Where do you go? And again, you know, you're going back to platinum. I don't know enough about platinum, but silver. >> Yes. >> I mean, you know, just before we went on the air, um, silver was up almost a dollar an ounce. >> Yes. >> Gold was up, it was high as up $60 an ounce. Now, as we went on the air, it was up $38 an ounce. It's selling at $4,16 as we're talking and silver's uh almost $52 an ounce. >> So, people also wanted silver, but people will also, you know, going back to owning the physical stuff, right? It's like it's clicking now. Like you saw what happened yesterday with the cloud flare. We couldn't get on to I couldn't get on to X. I don't know how many websites were down. And Gerald, that just made me think, well, to the point of the gold advocate versus Bitcoin, things can go out in a second and then you can't access your Bitcoin. >> Yep. >> Right. >> Yeah. No, you're 100% right. Again, this whole Bitcoin thing, it's a madeup thing. And now, oh, here's here's one of my favorite lines. They're going with stable coins. >> Yeah. >> Yes. >> Well, couldn't come up with a better name than a stable coin. What's stable coin? Who what crap are you selling over here? Well, now the ECB is coming out against that, by the way. They want to stop it. But again, they're going to go digital. It's going to go from dirty cash to digital trash. It's the future. Like it, hate it. And again, the more they go there, the higher gold prices go. And if Bitcoin keeps going down, gold and silver prices are going to go much higher. If there was no bitcoins, if there were no cryptocurrencies now, gold prices would be way, way beyond where they are now. And by the way, here's our forecast for gold. Again, you go back to October 16th, I did a podcast and I said gold is going to correct at least $500 an ounce. Prices skyrocketed. Nothing goes straight up. Got to come down. It went down about $500 an ounce. Now what I'm saying is as we we right now gold is around u uh about uh 4,100 change >> and it has to solidify over 4200. That's the way we see it. And then from there it takes the next step up. And what was also important and again how you were telling me about the people there that yeah there you know again you know you know knock on wood you know I I've been buying gold for you know a lot of years but it's never been worse times. And the two things to really look at are the Ukraine war and the Israel war. And the Ukraine war is going to keep ramping up. France has just said giving them more weapons. Uh oh, are you ready for this? Germany just came out. Yeah. Yeah. You like Germany in World War II? I like them in World War I better. Yeah. They just announced they're giving Israel more weapons now that there's a ceasefire. We're giving you more weapons. Oh, you mean to keep slaughtering the people over there? Oh, Israel bombing bombing Lebanon. Oh, they just killed 13 people over there yesterday. Oh, and and they're fighting against Hezbollah, that terrorist group. You mean the Lebanese people that threw Israel out of Lebanon back in 2006 after Israel invaded Lebanon and stole all that territory and they threw them out. So, they're a terrorist group. That's the crap that they sell you in the mainstream media. They make you hate one side and support the other. But if you've noticed the war talk has dampened on mainstream media, right? That people think this is peaceful, but the keynotes in in including Dr. Mark Fabber was like, "No, we are on the cusp of World War." He's still talking World War II. I feel we've let not you Gerald, but we have let our guard down a little here. Like we thought, oh, they signed the peace agreement over in the Middle East. We're okay now. Everyone go enjoy Christmas. >> No. Again, World War III has already begun. There's going to be a false flag event that makes it official. One of my sayings is when all else fails, they take you to war. You could look this up. That is somewhere. It's um history today mainstream mainstream mainstream uh site. Oh, by the way, here's a here's a quote. If you do not take an interest in the affairs of your government, then you're doomed to live under the rule of fools. That was Plato. And that's what we're living under, the rule of fools. Who's your favorite fool? Look around the world. And going back to um history today, one of my sayings is when all else fails, they take you to war. What happened was the um Great Depression. You could Google this up. 1941, July 26th, President Franklin Roosevelt seizes all Japanese assets in America. Now, remember, the Great Depression's going on. When all else fails, they take it to war. How come you stole the money from the Japanese? Why? Those dirty Japanese, they invaded French Indo-China. Wait a minute. Number one, I'm an American. What the hell do I care? And French Indochina? You mean Laos, Cambodia, and Vietnam? And you're calling it French Indo-China? Why? The French Foreign Legion. We're in Algeria. We're in Morocco. We're stealing, robbing, and pillaging. The Dutch East Indies and the British joined America. Dutch East Indies. What the hell are the Dutch doing in Indonesia? And you're calling it Dutch East Indies? They cut off. You can look it up. 34 of Japanese export trade and 88% of their oil. They only import 100%. Okay, wait a minute. You stole their money. You cut off their foreign trade and you cut off their oil. Can't understand why they bomb Pearl Harbor. They never figured that out. They never teach you this. They don't tell you about this. When all else fails, they take you to war. The global economy is failing. World War III is already begun. There's going to be a false flag event that makes it quote official just like World War II because you go back to World War II, 80% of the Americans didn't want to get involved what was going on over there in Europe. >> That's right. >> Now, let's go back to the.com bust. Yep. It we had forecasted in your trends journal right here back in 1999 in the autumn when it used to be a quarterly. Now it's a weekly.com. this. We said it would bust by the second quarter of 2000. It did. What happened? The NASDAQ fell 80%. Down 80%. Little George G. Bush, they just got elected. His ratings are in the toilet. All of a sudden, 911, everybody forgot about the dot bust. Now we're forecasting.com bust 2.0. Trends are born, they grow, they mature, reach old age and die. You don't invest all your money in the infant that was just born three years ago. So goes back to the.com bust is going to happen. We said this, it was the cover of our trends journal magazine back in February right there. >> Yeah. >> And now the mainstream media is finally talking about it. >> What does this have to do? When the markets crash, gold prices, silver prices are going to skyrocket. >> That's what most people I mean, I just had a technical I just had Gareth Soloway on yesterday and Christopher Muan before and they're all tracking a 40% crash. That's not a correction, a crash in AI stocks and Bitcoin to fall with it. >> They're both forecasting Bitcoin to go down. Actually, I had one guy on saying 70,000 if you're lucky and 40,000 would be the >> again there's the wild card though in that and that is that the Trump team is heavily invested in it. >> Well, there Yeah, there you go. So, will they allow that to happen or will you know >> again Trump got Trump got over a hundred million dollars from the crypto people when he was running for president. tens of millions for his inauguration. You got that guy Lutnik, the clown boy that's our commerce secretary. His kids in it. Witoff, Jerkoff, whatever the other guy's name is, his kids into it. >> Yeah. >> Trump's family's into it and Trump's only interested in making money. So that's the other wild card in this. Will they do everything to keep pushing the price up? You know, George Carlin says one big club and you ain't in it. And that's all it is. It's one big club. And again, this is the Trump, by the way, when you could go back and look at the facts how he hated Bitcoin back in 2020 and 2021. So where Bitcoin goes, but again, the point that you make, I mean, this is digitized nothing. And gold is going to again, gold is it's the unfortunately it's the future in the terms of how bad things are. There's so much I want to tell you, Gerald. So, one is I'm curious to get your thoughts. So, one, I brought up the stable coins to Frank Guster because I spoke to Professor Steve Hanky. I believe you know him, Gerald. He was personally invited by the White House now to look at two paths to save the dollar because they're finally waking up and thinking, "Oh crap, we are actually on the road to Dolorization." What are the two paths? One is gently getting countries to dollarize. Who are the two potential candidates? Argentina, Lebanon, or two, stable coins. Most people seem to think that's going to be the more likely path, the stable coin. But what are stable coins? It's not legal tender. So, but you going to create a different monetary system and give people the option of choosing the US dollar or stable coins. >> Again, you just came out yesterday. The uh the ECB is very concerned about the stable coin stuff. >> And we're talking about Argentina. You mean the one that's how many billions of dollars in debt that we just sent them another 20 40 billion dollars to bail out the gangs that are in >> Exactly. Why? Why? Why did we do that? So maybe they do want Argentina to dollarize. >> Yeah. But also there's a lot of Americans invested in Argentina and then their and then their their treasuries and on and on and they're bailing them out. Right. >> But again, that we're doing this for Argentina is it's a joke. It's a sick joke is this country's rotting in front of our eyes who said spending that kind of money to send over there. No, they're going to try. You're you're 100% correct with the stable coin. That's that's what that's what they're going to do. And again, they're going to go from, as we say, from dirty cash to digital trash. >> Absolutely. I I I totally makes sense to me. >> And that's going to push gold prices up higher because people want the real value of something. It's the it's it's the precious metal and silver as well. >> But we're we're not but you know who's waking up to it? I saw the the stats yesterday. India's gold imports rose 200%. Did you see that headline, Gerald? >> Yep. >> 200%. From last year. They know what's up. I don't think North American investors I mean most of the talk was like you'd be shocked to to see how little gold is in people's portfolios. People still are not waking up to it. >> No, they don't. And again, you know, they people don't know much about anything and they only watch the mainstream media and they just But they're not. And again, you have to look at what's going on too and it's the decline of this country as you were saying. People want to leave. Once upon a time when I was a young guy. >> Yeah. >> They had things called grocery stores, fish stores, butcher shops, shoe stores, drug stores, stationary stores. No more. They're all chains. >> Yeah. >> Look at this election. Hey, you're in a place called New York City. >> Well, I want to talk to you about that because that was a place where people would want to the young kids. That was the dream, right? That was my dream, too. Oh, I could be a journalist and work on Wall Street. People want to flee the city now. It's no longer the dream, Gerald. >> Oh, tell me about it. You know, I mean, I, you know, I'm a guy born in the Bronx. You I know New York, and it breaks my heart to see what's happened to this city. But this election goes back to gold, where the country is going, why people want to leave. Generation Z has no future. Gen Z, they're busted. >> Yeah. And now the AI is coming out and you're watching you the facts are all there. Young kids getting out of college can't find jobs. AI has taken a lot of them. And again, as trend forecasters, you look at things for the way they are, not the way you want them to be. This election in New York City, again, whether you like the guy, don't like him, I don't want to I tell people, I don't want to hear what you like or don't like. It's what is. This is historical and it's showing you the decline of the economy. The biggest turnout for this guy 30% higher than any other sector for this guy uh Mandani. >> Yeah. >> With were generation Z and millennials. They're broke here. This is the fact. 10% of the retail spending in America, 10%, excuse me, 50% comes from the 10%. 50% of the spending comes from the top 10%. The rest of the people are broke. So why do people want to leave this country? It's not the place where our, you know, my my grandparents uh and that generation wanted to come to. America was once the land of opportunity gone. The big zone, everything. Again, you look at the facts. The uh Oh, that that clown boy. What's his name? Uh Larry Summers. Oh, you remember him? The Treasury Secretary. Yeah, that clown boy. Oh, now he's retiring because the Epstein files just ran out. Oh, yeah. We Anyway. Any Anyway, >> let's go back to here. This was a t-shirt, Daniela. Yeah, >> that I did back in 1992 when Bill Clinton ran for office. >> This is the clown boy. Hey, get them jobs out of America. Give them to NAFTA. Bring them down to Mexico. You get cheap labor. This is a little slime ball that every time he got caught with his pants down bombs away over Baghdad. Oh, that guy. Oh, yeah. the guy that on uh Maline Albbright, well, not all that bright on 60 Minutes, Leslie Stall asks um Leslie Stall asked her, "Is the price of over 500,000 Iraqi children under the age of five that died because what Bill Clinton did worth the price?" And she said, "Yes, it's worth the price." Anyway, going back to that slime ball little boy who had no money at all, a little jerk off there in Arkansas. Now he's worth what about $140 million, gets $300, $400,000 an hour to hear him BS to the Goldman Sachs guys when you can't BS for free. Anyway, >> going back to the decline of America and why people want to leave back in the day and that guy Summers like go little chicks and the Epstein guy maybe. I don't know the details >> but anyway gave us Kill the Glasssteagle act. This is the Bill Clinton. It began under little Jimmy Carter, the peanut farmer that everybody likes. Oh, they gave us Mujahin. Oh, that's the guy that created uh uh uh was it Osama bin Laden? Yeah, that guy. Jimmy Carter was the guy that started pushing the banks to become interstate. Before that, banks were only in trust state. The Bank of America was only in California. and Bill Clinton finalized it and now the banks going back to why people are leaving this country and how people don't have an advantage anymore. There are no mom and pop businesses hardly anymore. It's all the bigs. The same thing happened with the banking sector. There were banks, local banks in every little city. Local banks all gone. Now the bigs own everything. The Glass Steagle Act one after another. Oh, and then he brought China into the World Trade Organization. I forgot that one. >> You know, >> now let's go back to the.com bust. You make connections between different fields. >> It's It's heartbreaking. >> Before Bill Clinton brought China into the World Trade Organization, you look at their gross domestic product from 1970 to 2000. It's like a line like that. They get in, it shoots up. In 1980, 10% of Chinese 18y olds went to college. today almost 70%. Let's go back to AI. Young people are totally AI and high-tech addicted. China is investing very heavily in this. The kids that are going to college in China, they're not taking courses in gender studies or art history, you know, they're taking >> they're not taking gap years and Yep. >> they're going to lead. China's going to lead the world in AI and these companies are going to go bust in the United States and again when they go bust gold prices spike. So what other what other things did you hear at this conference that >> that Dutch you heard that you know I think they're going to fight back from from China. You saw that Dutch company and I'll get you the name Gerald. Um I brought this up in an interview that basically stopped the production of you know Chinese chips and wherever it I think it was Amsterdam or whatever. So, I think countries are going to try and find loopholes to to stop China. >> But two things. I just want to say two things. When you're talking about the small banks, it breaks my heart because I look at my parents in their 80s. My dad still works, still running his small business, right? >> But they used to belong to a bank. It was a small bank, right? My they knew all the tellers by name. They'd bring them Christmas baskets at Christmas. He they'd walk in. Hi, Alberto. Hi fat. There was personal contact. Right >> now that bank was bought out by another bank. There's no one to speak to. Now my dad 80 year old has to go in. And the guy's telling him, you know, all the people I used to work there were gone, fired. And he's telling him, "No, you got to talk to this machine and do all your banking with this machine." And my dad's like, "I don't know how to use this thing and do invoicing." And >> you know, and it's it's it's just so sad that that but that we lost that and that this generation has no idea that existed. >> Exactly. They have no idea. >> You know that interperson that you'd walk into a butcher store, you'd walk into your farm, you knew the people, >> you know, there's none of that. No one cares about I, you know, in this apartment in New York City, I don't I can't tell you the name of one of my neighbors because no one says hi. You're weird. You're saying hi. Oh, you just said hi to me in the elevator. Why? >> Yeah, I know. Oh, and and again, I'm out here. Everybody walks down the street like this. >> Yeah. And you're in a friendlier neighborhood. Yeah. >> Nobody talks to you anymore. They're on their phone. >> You're going to bars now. People are on their phone. They're not talking to you. >> They don't even She's crossing on her red. We could have easily run her over. She's on her phone like this. My husband honks. She's shocked. It's like, lady, you're crossing on a red with your phone like this. >> I know. I know. Again, I was just down the city. Same thing. You know, people walking across the street like this as you're as you're trying to drive. No, the whole world has changed. It's all going AI. Young people aren't going to be able to find a earn a living. And again, this election in New York City is historic. So, I want to tell you it was historic and everyone at the show in Zur, this is Europe. Why would they care who the mayor of New York City is? Yeah, you can argue it's the most important city in the world, whatever. But still, it's a city mayor race. Okay, everyone was talking about Mum Donnie. So, here's what I brought up. Okay, and I think here's what's messed up is that the word capitalism now, Gerald, for this new generation is a dirty word. Yep. >> Okay. And I brought this up and I said, "Where did where did we go wrong?" That they don't want a capitalist society, right? Oh, capitalism. No, no, we need socialism. I grew up in Montreal. Okay, I want to tell Mom Dami, I get it. The $5 dayc carees, the the lowcost housing, they all sound great in theory, but it never works. You know the $5 daycare in Montreal? You had to put yourself on the list five years before you even gonna give birth and it traps you. Okay, I'm going to tell you how this is. I'm going to share this story that I've never shared. I used to work with someone in Montreal where I where everyone knows I used to work when I started my gold journey. He was part of my team. Okay, he was making let's say 60 65,000 Canadian. He calls me one day. He's so excited. He qualified for lowincome housing. He was gonna get a an apartment in Montreal for 600 bucks a month for life for him and his family if he stays at this salary, >> right? >> I then go to my next place of work and there's an opening for a position. It's 120,000 US. This would be triple what he's making, right? Converting American to Canadian. I call him excited. You can now join my team. I you could make this much now and in Canada that's like you're a freaking millionaire. And he said, "You know what? I'm going to lose the the house." And that is the problem with the system. Once you're in it, you can't get out and you don't you can't even think straight. You're just like, "I have free rent. Even if I he was like, even if I lost my job, I'd have free rent." It wasn't like, "No, let me try and better the life of my family. let me want to make more money and, you know, I don't know, get maybe a better house or get out of this neighborhood or better myself for yourself. It's not even about the money. It's just like, why would you settle for that? But that's what happens. The system traps you. And I I couldn't believe it. And and and I think this is part of the reason Mom Dami won. Like, yeah, like fight for the people, but you know, I hear him. Okay, you want to tax the the rich, right? Making a million dollars in New York. First of all, you're not rich, but you want to tax them 20%. But I hate how he says, "Oh, it's a rounding number." Well, you know what? That guy or woman making a million dollars? They're working hard to make that million dollars. And who the hell are you to come and say, "Well, it's a rounding error." >> You know how much you know how much you need to retire at 65 years old? $1.26 million. Who's got who's got that >> saved? >> And and again, when I was a kid, they used to have a TV show called A Millionaires. >> Oh my god. A million dollars, >> right? >> But again, this again, it's it's socialism is becoming what it is because the young people have no future. Again, the big zone everything >> and and they're tired of it. And again, it's not capitalism as I see it. What did the United States doing these deals are with Oracle and buying into uh the companies? It's called remember this guy maybe being an Italian from Rome. Maybe you heard of his name Mussolini. >> What did he call the merger state and corporate powers? Fascism. >> Yep. >> All right. There's our cover. Trump wanting many more US investments in big corporations like Intel equals fascism. I meant I said Oracle, I meant Intel. The merger of state and corporate power. And that's what we have. The merger of state and corporate power. The bigs. Look at the clown show in his cabinet. Look at the people in there. Look at the billionaires running the show. Well, that's what Frank Gustra's point was is that we don't have capitalism anymore. It's oligarchies. And that's what the problem is. And so that's what the youth are rebelling against. And I get that. I get that. >> But, you know, in my opinion, look, I'm willing to give this guy Mami a chance. I mean, look at the other candidates. Were you going to choose Como or uh the cat guy? Um, but at least he's you know what, but at least for Sally, you know, I got to say at least I feel like he literally is he's a true New Yorker. He got shot in a cab. I mean, he's I don't know the guy, but I feel like at least he was running for the right reasons. I truly thought he loved New York. Um but look, Mami Ram a great exciting campaign, social media, the young people got you got like famous people backing him and he won >> again. You know, I read every article I could when he won that election. And by the way, the um the biggest turnout in the midterms were Generation Z. Uh not the the primary rather, the primary when he when he first beat Cuomo was Generation Z. And you mentioned social media. That's the future. And the woman running it for him was like 28 years old, >> right? >> People aren't reading anymore. They don't know anything. Everything is social media. And that's what was so what he what he did there. >> And I want to say I see such parallels between him and Justin Trudeau. Look at Justin Trudeau's campaign. The first time he ran, he was taking what did he became knil for? Oh, he takes selfies with us and he was taking selfies with all the the voters, the Canadian voters, and there's so many parallels. They're, you know, they both grew up affluent, welloff, >> uh went to the best schools, but everyone seemed to fall for this thinking that, oh, they're one of us. >> Well, Justin showed you his true colors. >> You know, making out with Katie Perry on a yacht. I mean, if that's not the ultimate hypocrisy, right? Like, that's what he wanted. He wanted to be a celebrity. He didn't want to help Canada. >> In fact, he was the worst prime minister in Canadian history and destroyed the economy in the 10 years he was there. And I'm saying this as someone who voted and wanted to believe in Trudeau. When people come to me, oh, Della, you know, you're not a liberal. No, I was a liberal until I woke up. >> Okay. >> I call him true dope. A little the guy ruined the country and now he's flying around. Doesn't care. He's out with Katy Perry. >> Ridiculous. >> Again, a little spoiled daddy's boy. >> Yeah, but I I I think Mami and Trudeau I see so so many similarities there. Again, I wish him the best, but I'm not overly optimistic of the change he can make here in the city. You know, I used to be on the show with Curtis Leeway and u many many >> What was he like, Gerald? >> He's a nice guy, but he wouldn't listen. You know, I told him, "Don't keep wearing that stupid hat." And >> well, >> yeah. Yeah. Those days are over. You don't want to hear about this guardian angel stuff anymore. And I also came out with a homeless solution that they just ignored me about. And I gave him a lot of money the not a lot, but a couple of thousand dollars the first time he ran. and they never got back to me. Here's my homeless solution. Once upon a time, there used to be a TV show, a movie called the u what was it called about Boytown and it was about these poor kids orphans and they brought them out to like Idaho or somewhere Iowa and on a farm and they taught them skills. Take the homeless people out of the cities. Oh, you have them in shelters. Oh, and these and these apartment buildings that your buddies in the gang and in that in politics make a lot of money, billions of dollars by housing them. And what do you do? You're in a room and you want to get outside and you got nowhere to go. You're out in the street. Bring them. I'm up in you've been up here Kingston and you drive up to Montreal. There used to be a place called the Borched Belt. Grossingers, Browns, top hotels up here in the west of the Hudson Valley. They called it the Borch Belt because the Jewish people, the Borch is the is the beet soup. They used to come up here uh during the summer. And then what happened was in the late 1960s, middle to late 1960s, jet travel started to happen and used to have these advertisements. Come on down. Eastern Airlines, all these airlines. So, people stopped coming up here and these places went bust. Take the homeless people out of the cities. Bring them to this beautiful, beautiful area and build homeless towns. Put them to work in the summer. You know, you're gardening. Give them crafts. Give them skills. build be you're spending billions of dollars every year in these in the cities. Get them out of the cities. Put them in this beautiful country and give them skills and and just like they did with Boytown. Ah, shut the hell up, Centi. What the hell do you know? I'm not going to listen to you. You're just a little from the Bronx. You don't know anything. So, nobody would listen to me about this. Again, we sent this Daniela the Homeless Solution to all of the major media. Not one person would cover it. >> Yeah. Because why don't they want to cover it, Gerald? >> Because they're prostitutes. They're media to get paid to put out by their corporate pimps and government law masters. >> No, but instead I saw this showdown. So, I'm crossing on 72nd and Broadway. We're walking. All of a sudden, this cop car screeches. There's this old man. He, you know, and I I don't know what they were arresting him for, but like he obviously wasn't armed. Maybe I don't know what he did. I don't Maybe he pulled his pants. I don't know. Okay. But like you had five other cop cars came and they're all like and he's like, "Please, you're hurting me." They're all like And I'm thinking, look at all this police presence for this obviously mentally ill >> Yeah. >> older man, right? And now what? So now now what? He's gonna be taken to the jail for an hour released. Like this is what we're trying to fight. >> Well, how about how about all these ICE guys in all these cities now? >> Broke my heart. I was like, this isn't the solution. The guy was obviously mentally ill, needs help, >> you know, that's not pressing his face to the floor, you know, with nine cops around him. >> Yeah. Look at San Francisco. Oh, all the all the the it's a it's a it's a crap show now. The homeless are all over the place. >> Yep. >> And again, that's what nobody else is talking about, by the way. The damage that the COVID war did economically, socially, and spiritually. Oh, what is the uh Oh, going back to this guy uh um Mandani winning. Once upon a time, the average age of firsttime home buyers >> Yeah. 8 years old today. 40. Oh, now Trump's coming up with a 50-year mortgage. Oh, yeah. >> It's not for It's like 60, Gerald. It's something crazy. >> Yeah. >> I'm telling you, 40 years old is the average age now of firsttime home buyers who used to be 28. They have no future. >> Most of my friends that are 40 still don't own a home. >> They're what? Most of the people I know that are 40, some of my friends still own no home. >> Yeah. They can't afford it. Again, the prices of homes since the COVID war have gone up 50%. 50%. Automobiles, it only went up a little over 30%. >> Yeah. And and why do you think we're seeing all these increase in I'm not going to say the C-word, but in illnesses? >> Yep. >> Right, Gerald? Like why do you think that's happening? Why is colon cancer in the young on the rise or >> again this there's dam and again matter of fact there's an article just came out in the Guardian today about the dangers of ultrarocessed foods and people eat this crap they look like an article and I hope it's not true about how Canada wants to allow cloned meat to be sold. Yeah, >> I sent it to a few sources that said, "Please tell me this is this is fake news, you know, but it was a legitimate source." >> Yeah. So, going back to to your the meeting in in um >> yeah, >> in Zor, tell me what what was the what was the the general consensus? The general consensus is exactly what we're talking about, that we're all screwed and that if you're in gold, you at least have some you at least have a shot and you can at least take control back of what's going on in the system. So, the general consensus is that we are headed to some sort of reset. What that exactly looks like, we don't know. But that you you need to the only way to protect yourself is to be owning physical gold or silver or platinum in your possession. But the main theme was why do the central banks keep buying gold? Why? What do they know that we don't know? They obviously see the writing on the wall and they're not stopping the gold buying. Every year it's a new record of gold buying. Why? And that should be answer enough. Do don't do what they say, just do what they're doing. And it made me think when I started my career and I was working at the eur European Union, uh, when I was part of the system like you were, Gerald, I had become friends with a woman that worked at the Bank of Italy and she said, "I have two, you know, two points I want to share with you. one, she's like, "Go out and buy yourself the most expensive suit you can afford, like good quality, because it will last you forever. Go get yourself a Max Mara suit. And two, start buying gold. Whatever you can allocate to your paycheck, buy gold." But this was before my gold journey. I was like 25 years old at that time. What the hell is she talking about? I'm like, I don't even know how to buy gold. She's like, "Whatever you do, just buy some gold coins." She's like, "I allocate half of my salary every month to gold. Wow. >> Imagine how much money she's she's put aside. God bless her. Um but I didn't know what she was talking about because they don't teach you about gold. >> I only learned about gold because I joined Kipco. >> You know the um >> my life >> when you were talking about people wanting to leave the country. You know where you going to go? I mean you got my friends in Italy they it's one of the most bureaucratic places on the planet. >> Oh there yeah it's great. Look, I lived in Italy for five years. I lived that life. And I'm going to tell you, it's not doli. Like, yeah, vacationing there's one thing, but then go deal with the bank, go deal with the post office, and you're going to want to rip your hair out. >> Yeah. >> So, if you're like, sure, if you're like, you know, multi-millionaire and you have staff dealing with the everyday stuff you need to deal with, then fine, go for it. But if you will need to deal with everyday life in Italy, you will go bonkers because the the system is broken. >> Yep. >> Completely. >> I Yeah. My my dear friend, he's in Sicily and um he lives in Chicago and he grew up there in uh I was his best man in his wedding back in 1984. And he tells me what a horrible the the the bureaucracy is just so terrible and how the people can't stand it. And again, it's one country after another. So where do you go? >> People were saying Switzerland, you know, Switzerland came up as a solution. I mean, obviously was in Zurich, so there was some bias. Um, that was the winning country, I guess, if I had to say. But it's, you know, high cost of living. I mean, live, look at Zurich now. Yeah. Granted, I think the the minimum wage is 30 Franks an hour, so high minimum wage. Um, groceries. I went into the grocery store. I like going into grocery stores to just gauge. I found the price is much less than here. >> Really? >> Yeah. >> Wow. >> So, utilities and groceries are not a lot in Zurich. If you go out to eat and clothing, things like this are very expensive. >> Well, you know, there's another thing about um Switzerland. Direct democracy. The people vote. the people vote, but there is a risk like there's the people don't want to join the EU and you know that's a movement. There's pressure for the Swiss to join the the European Union and they don't want to. >> Yeah, but I'm saying but the people vote >> here we we don't we don't have any choice. >> They care. They care. They really care. Yes. 100%. >> Oh, and they and and everybody got guns, too. That's the other thing. And it and and and and uh and Switzerland hasn't been in a war since what about 1856. >> But the only thing is Gerald, I know how much you like parties. So Zurich isn't a party town. >> There's not much happening at night in Zurich, but >> there's nothing going on here. I call the Hudson Valley Death Valley. >> Everything changed. Everything changed after CO. I'm telling you, the restaurants that used to stop serving at 10:00, now they stopped serving at 9:00. >> Yep. >> Everything changed after CO. I don't have to tell you. You're down the city. You see how different it is. >> Night. I can't even put it in words. It's It's like a an alternate universe, Gerald. >> Yeah. you know. >> So, Danielle, in wrapping up, you know, I want to say to everyone, pay as much attention as you can to the facts and and um what's going on now. It's not what you got to look at things not what you like, what you want, what you wish for. It's what is. You only look at it for the what is. And and Daniela, you got ITM trading and you do these great interviews all uh you know, every day. So tell people how to get there and what is itraining.com and the other amazing thing if you go to dannyreport.com it's d- anireport.com you'll find a bunch of free guides so for people who are listening and overwhelmed they don't know how to start their gold journey or silver journey um there's a bunch of great free material and I always say you can reach out to my colleagues at ITM tell them I I I sent you they'll take extra great care of you book a strategy session session and they will walk you through uh you know an entire session surrounded around you know owning what physical gold can do, what physical silver can do for you. It's free, it's educational, it's fun. I highly recommend it. >> Yep. Yo. Yo, I do too. You know, people call people liberals today. >> Yeah. >> They're not liberals. This is the definition from a liberal. Oh, I don't have this democracy. I'm sorry. Sorry, I thought I had liberal. But anyway, they're not liberals. Liberals have open minds and you could be anybody who you want to be. That's what it used to be, >> right? >> And when and again, people get angry at me because I get angry. >> He who is not angry when there is just cause for anger is immoral. Why? Because anger looks to the good of justice. And if you could live amid injustice without anger, you are immoral as well as unjust. That was St. Thomas Aquinas. >> Ah, he's from my hometown in Italy, a wise man. >> And and again, oh by the way, this is the other thing that um that the these these Epstein files coming out. I got to see what happens with that. And this is from Mark Epstein, who's uh Jeffrey Epstein's brother. >> Yeah. >> He said the FBI will sanitize the Epstein files to redact the names of politicians before they are released to the public. >> See what happens. >> Disgusting. Disgusting. So Daniela, thank you for everything that you do. >> And again, everybody go to ITM Trading if you want to see some great people she has on >> like Gerald who's going to come on soon to my show. I always invite you for my outlook series. >> Yeah. And again, this is going to be um we see gold, you know, again, it's not it's because of the dangers ahead that the gold price is going to keep rising. I mean, look at the US trade deficit of debt level. It's not 38 trillion. When you put in social security, government spending, it's over a hundred trillion. And by the way, according to the um OECD, the it's about almost 340 trillion debt levels worldwide. >> These numbers make me laugh, Gerald. They're just >> I don't know. >> And again, that's why gold price is going to keep going up. >> And that's why you want to be in gold because you want to preserve your wealth and your purchasing power. It's the only way to do it. There's no other way to do it. Gold is the solution. >> Look, knock on wood, you know, I've been buying gold again since 1978. At $163, I think an ounce was the first. >> Wow. Wow. Wow. Wow. Wow. >> Yeah. >> So, people are going to get a little bigger Christmas gifts this year from you, Joe. >> Well, you know, I had I had 300 ounces back in 1980, >> and again, yeah, I'm a young guy. I had to sell it all. But that's how long I've been buying it. And >> uh and I just see it again. It the world is going down in front of everybody's eyes. And so, thank you very much for being on >> and we'll see you soon. >> Ciao. >> Chowo. Watch out.
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