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is the Janine Bureau Show.

0:33

Now here's Judge Janine Bureau.

0:35

Welcome back to the Judge

0:38

Janine Tunnel to Terrace Foundation

0:40

Show. Joining us is Paul

0:42

Stone, the CEO of

0:45

Colonial Medals Group. And

0:47

we're going to be talking about

0:49

the impact of Doge and what

0:51

the president is doing with terrorists

0:54

and how it impacts gold and

0:56

silver. So join me in welcoming

0:58

Paul Stone to the Judge Jeanine

1:00

Tunnel to Towers Foundation show. You

1:03

know... with Donald Trump now in

1:05

the White House a lot is

1:07

changing right and one of the

1:09

first things that we're talking about

1:12

is doge and what he's doing

1:14

with Elon Musk and of course the Dems

1:16

are going crazy you know they think it's

1:18

unconstitutional and the truth is that the

1:20

president as a CEO has the right

1:23

to bring in whomever he wants

1:25

to review things in fact

1:27

there's a constitutional obligation to

1:29

make sure the congressional appropriations

1:32

are properly uh... issued so uh... we

1:34

are now in this kind of catch

1:36

twenty two with the democrats are saying

1:38

don't look under the hood and everyone

1:40

else is saying you know we all

1:42

have this feeling that there's corruption abound

1:44

in the federal government what are your

1:46

thoughts well my thoughts just as a

1:48

you know the government itself is an

1:50

ecosystem has no uh... dry runs as

1:53

it tries to conduct the business that's

1:55

trying so it can't rehearse it can't

1:57

memorize lines these people come together and

1:59

they haven't really worked together before. They

2:01

haven't done this job before. They certainly

2:03

haven't managed a $20 trillion economy before.

2:06

They haven't managed 350 million people before.

2:08

Even a CEO that might manage a

2:10

business that has 10 or 100,000 employees.

2:12

At least that man or woman understands

2:14

their little ecosystem, the supply chain, the

2:17

customers, all the stuff that goes along

2:19

with... making a company profitable and that's

2:21

the last piece the government doesn't have

2:23

to turn a profit it doesn't ever

2:25

have a board that slams their head

2:27

against the wall for messing up a

2:30

project or cost overruns or delays like if

2:32

imagine the government was a construction business and

2:34

that's where Trump is so perfect to run

2:36

the government he's from a business that is

2:38

so cutthroat so sometimes the building you know

2:40

you You might have a storm that causes

2:42

damage to the building wells under construction. You

2:45

got to deal with that. You got to

2:47

plan ahead. You got to think so far

2:49

down the road and you start with houses.

2:51

You know, it might renovate an apartment and

2:53

then it's a house and then it's a

2:55

small building and then it's a bigger building.

2:57

So the government never has a chance to

3:00

actually practice at what it does. So they're never

3:02

really going to be any good at what they

3:04

do. And so you certainly shouldn't ever give them

3:06

a lot of power. Yeah, and you know what

3:08

they're not only not good at what they

3:10

do Paul But they there are no consequences

3:12

right when they do poor because they don't

3:14

have to turn a profit So there's

3:17

nothing to really compare them against no

3:19

football teams basketball teams women's basketball and

3:21

soccer teams have to win. Yeah that's

3:23

their profit is winning so there's

3:25

no pressure like that on a

3:27

government that's why the framers thought

3:29

it should be a small thing

3:31

kind of a conduit between states

3:33

between foreign affairs but never more

3:35

powerful than a state yeah and so now

3:37

we've got fifty billion dollars so

3:40

far that those just identified as

3:42

waste fraud and duplicity we don't know

3:44

and yet all of this money is

3:47

not necessarily going to governments

3:49

it's going to NGOs right so these

3:51

non-government organizations are getting money and

3:53

the question is why and is

3:55

someone getting a kickback for that

3:58

money so why is the The

4:00

bureaucracy is identifying money that

4:02

goes to an NGO. It's

4:04

not even a congressional authorization.

4:06

That makes no sense to me that

4:09

these bureaucracies and middle managers can say

4:11

this much money goes to this green

4:13

new deal and we're going to send

4:15

it out to these 10 different organizations

4:17

and no one knows ultimately what the

4:20

money is used for like why shouldn't

4:22

Ecuador pay for their own drag queen

4:24

operas? Yeah, you know we've all seen

4:26

probably enough spy movies to understand these

4:28

little programs get innocuous names like the

4:31

ones you're mentioning now, but the money

4:33

didn't even go to that. It went

4:35

to something else. need to do to

4:37

benefit from this this review and this

4:39

inspection and this analysis that doge is

4:42

doing is understand those are symptoms of

4:44

something much deeper we don't want to run

4:46

around treating symptoms or try to you

4:48

know curtail the actions of these government

4:50

people and get them to act differently

4:52

that's that's not what we want to

4:54

spend our time we want to gut

4:56

the government You got the government and then you

4:59

got the people and their capabilities to do

5:01

silly stuff like this. Like you can't rub

5:03

oil of a lay on your skin to

5:05

fight cancer. Right. You know, we got to

5:07

go to where the symptoms, we got to

5:09

trace the symptoms back to the source. The

5:11

source is the government has the ability to

5:13

create money. So they're trying to act like

5:15

the businesses that are in their offices Monday

5:17

through Friday lobbying for what they want. They're

5:19

trying to become a financial center.

5:21

That's not what... A government can

5:24

never be a financial center. You

5:26

know, Obama coined the term, we're

5:28

making investments. It used to be

5:30

we're going to raise taxes or

5:32

spend money on stuff. Now he

5:34

coined that term, we're going to

5:36

invest in energy, we're going to

5:39

invest in energy, we're going to

5:41

invest in green, we're going to

5:43

invest in people, it's hooey. Because

5:45

they have no experience investing in

5:47

money just sent. or power sent

5:49

really to corporate entities

5:51

that would cooperate with

5:54

states and counties and

5:56

towns to deliver on

5:58

the right. you leave it

6:00

to the states right but yeah but still even when

6:02

you have to turn remember the ethic is if

6:04

you have to turn a profit you're going to

6:07

create one you're going to do a great job

6:09

you're held accountable by the pressure of the sport

6:11

itself and when you don't even state governments don't

6:13

have to turn a profit they have to live

6:15

more nimble right in the Fed because the state

6:17

can't print you are so right about that so

6:19

if the Fed can print money then you're going

6:21

to have a government that ruins your life and

6:24

ruins your world and ruins your country and ruins

6:26

your country and ruins your what's not about the

6:28

democrats and all they're screaming is that what

6:30

they can't wake up to is well it

6:32

was printed money anyway and we shouldn't be

6:34

doing that because the whole currency can die

6:36

the dollars only worth three cents and then

6:39

what we have we don't have any money

6:41

to give anyone and we can't do anything

6:43

and now we don't even have a government

6:45

job okay the the amazing part of what's

6:47

going on with doge is that they've identified

6:49

fifty billion so far as waste for an

6:51

abuse and now people getting into the issue

6:54

of should that be money that first of

6:56

all it's no money they're just saving

6:58

it it's not like they're recouping it

7:00

there right and they're saying well should

7:02

we get a rebate maybe if it

7:04

gets two trillion dollars back should we

7:06

get a rebate i mean how how

7:09

does this benefit the taxpayer well

7:11

you're still talking about printed money

7:13

so with the government has to

7:15

live off a tax revenue then

7:17

those conversations about raising taxes read

7:19

my lips no new taxes here's

7:21

welcome to bill clinton Right George H.W.

7:23

read my lips no new taxes got a

7:25

recession going in an election year Welcome Bill

7:27

Clinton to the White House right because you

7:29

raise taxes right and everyone I in my

7:32

opinion and we all can just you know

7:34

guess it stuff But in my opinion the

7:36

entire world that would throw money at a

7:38

politician and Politicians themselves learned don't raise taxes.

7:40

Did you ever hear about raising taxes ever

7:42

since then? No. They just printed the money

7:44

They said, oh my God, if the government

7:46

has a shortfall, don't raise taxes, just

7:48

print money. And that's where you come in.

7:51

And I didn't intend to go there, but

7:53

that's where you come in when you talk

7:55

about colonial metals. Okay, so if the dollar's

7:57

worth three cents, metals are going through the

7:59

roof right now. Right. So if Gold starts

8:01

its journey when Nixon cuts ties with

8:03

it, 1971. Right. Remember that, folks, Paul

8:05

Stone told you, 1971. Yeah. If it's

8:07

50 bucks an ounce back then and

8:09

today it's tapping on 3,000, don't be

8:12

happy about that. Be horrified. Because it's

8:14

not a stock that's improving its

8:16

earnings and improving the country, you

8:18

know, its market share in the

8:20

world. It's not adding new lines

8:22

to its business. It didn't get

8:24

a drug approved. Golden Silver's not

8:26

a product. It's a location. It's a

8:28

bunker. So if more and more people

8:30

around the world are saying businesses and

8:33

governments and wealthy folks in central banks

8:35

are saying, just give us all the

8:37

gold you can find, they're hoarding a safety

8:39

element to their finance. Is gold and

8:41

silver as a bunker, if you will?

8:44

Why would you need a bunker? Well,

8:46

there's a threat. Oh, where's the threat

8:48

coming from? So if the threats are

8:50

so serious that gold has gone from

8:53

50 to 3,000 to 3,000 an ounce,

8:55

That's a measurement of how horrific your

8:57

fundamentals have eroded in your financial world,

8:59

that you are starting to build homes

9:02

on sand or sheets of ice instead

9:04

of on stone. So pull stone, no

9:06

pun there. How did terrorists play into

9:08

this? You know, in terms of the

9:11

international scene? We all know that President

9:13

Trump is using tariffs as leverage. And

9:15

I have no problem with that. I

9:17

love it. You know, if you don't

9:19

want to take your criminals back,

9:21

was it, Petro and Colombia, good,

9:23

you know, we'll just raise your tariffs.

9:25

Or whatever it is, whatever the game

9:27

is. How does that impact gold?

9:29

Well, the last time, and we haven't

9:31

heard of it, you know, Bill Clinton

9:33

gave China. favored nation trade status

9:36

and our elected officials. They're

9:38

so brilliant. They made it a permanent

9:40

law a year later. This is 19,

9:42

you know, the early 90s. And so

9:44

what that meant was there were no

9:47

tariffs charged on China stuff coming in.

9:49

Right. And so now we don't hear

9:51

about tariffs forever until Trump

9:53

like pulls this out of a, you

9:55

know, dusts it off the shelf and been

9:57

used in decades when he had his first

9:59

term. and gold went up about

10:01

70% during his first term. The

10:04

main thing you want to recognize

10:06

about these actions is what are

10:08

theirs going to be. Because in

10:10

my mind, in March of 2018,

10:13

Trump slaps tariffs on China

10:15

and in December of 2019,

10:17

China slaps COVID on America.

10:20

Isn't that interesting? I

10:22

never heard that. The retaliation

10:24

piece is where individuals have

10:27

to... Say that again. Say that again. putting

10:29

these things in place. One, you want to

10:31

help bring jobs back to America. You tell

10:33

American corporations, hey, this crap you're having made

10:35

in China is going to cost 25% more

10:37

to bring it over here. Why don't you

10:39

just set up some factory operations here and

10:41

have Americans work here? Because now you've created the

10:43

wiggle room to afford an American worker. Right? Because

10:46

it's going to cost more anyway. So now you

10:48

say, well, if the thing that we brought over

10:50

here costs us $10 $10 to make. Now it's

10:52

going to cost us $12.50 to make and sell

10:54

here. Does that give us the room to have

10:56

an American worker in the mix and we'll just

10:59

make the stuff here again? Yeah. That's what it

11:01

tries to kind of do. I mean, I don't

11:03

know what other benefit would be other than

11:05

a negotiating chip. But what you have to

11:07

really look at is every action has a

11:09

reaction, right? So when Trump's laps

11:12

punishing an embarrassment and embarrassment on

11:14

an honor system. Like, these are the

11:16

folks that will supplicate. And

11:18

rather, if they dishonor their king, their

11:20

boss, their family, they will just take

11:23

a 12-inch blade and gut themselves. So

11:25

you're dealing with, Japan is an honor

11:27

country. With that honor thing, they can't

11:29

deal with mistakes. It's like Chernobyl when

11:32

you saw the movie on Netflix where

11:34

there's lead on the ground and the

11:36

communist guys like that's led. The only place

11:39

you find lead in a nuclear reactor is

11:41

in the core. So if you're looking at

11:43

it on the ground, your core exploded. It's

11:45

like the worst thing that could possibly happen.

11:47

So they're going to deny China. Yes, the

11:49

embarrassed to live in hell out of them

11:51

made them look small, weak. They were exposed

11:53

as the beta, not the alpha. So what

11:55

they do. And guess where COVID first

11:57

showed up, everywhere Chinese like to

11:59

visit, Los Angeles. Francisco, New York, right?

12:01

Italy. And they crippled us? They did

12:04

that intentionally. Yes, they did. And that's

12:06

how they'll play. They don't give a damn.

12:08

And their own people will suffer. They don't

12:10

care. They shut down the city. Right.

12:12

And they just locked people up. The

12:14

cardboard buildings locked them away. All they

12:16

care about is world domination. Isn't that

12:18

the only thing communism cares about? Yeah.

12:20

That's what the Soviets cared about. Yeah.

12:22

They were putting nukes and Cuba. Yeah.

12:25

So when we look at the reaction

12:27

taken by Trump, what are the reactions

12:29

to us? Trump's not doing anything wrong.

12:31

He's playing hardball. Hardball has to be

12:33

played. And that's where Americans, I remember

12:35

when McCain was running, he said this

12:37

country's turned into a bunch of wimpy

12:39

people. We got to look out for how

12:41

we become wimpy and what can we withstand as

12:43

Trump tries to make America great again. It's going

12:45

to, you got to break eggs to make an

12:48

omelet and you got to knock heads around sometimes,

12:50

and that's going to knock heads around sometimes, and

12:52

that's going to cause us, It's the retaliation side

12:54

we got to look at. Okay, all

12:56

right, but now what it seems like

12:58

is, where are we with China right

13:00

now? We are in the most precarious,

13:03

just any bit, you wouldn't, no

13:05

one in this room, what no

13:07

one watching would allow critical systems,

13:10

critical elements to your existence with

13:12

a heart beating in your chest

13:14

to be made by a communist

13:17

country. Okay. All right. So that's where

13:19

we are, they make everything. Yeah, they

13:21

make our medicines, Paul. They make

13:23

our medicine. Here's a couple of

13:25

numbers. And we've got to say,

13:28

China didn't take this. They didn't

13:30

come here and negotiate. We gave

13:32

it to them. Our elected officials

13:34

made it possible for our American

13:36

corporations to kill American jobs and

13:39

replace them with jobs in China.

13:41

In 1990, out of 100 transactions,

13:43

I would go off in America.

13:45

82 of those transactions happened on

13:47

stuff made here. Today 11. Amazing.

13:50

Amazing. 74,000 manufacturing firms

13:52

have closed in this country

13:54

since 1990. That's 23 manufacturing

13:56

firms in every county in

13:59

America. try and internalize just how

14:01

massive that is you don't have 23

14:03

7 11s in a county. So how

14:06

does how do we change that? Great

14:08

question. How does it happen? Knowing

14:10

that I haven't figured all this

14:12

out and no one has because

14:14

no one's ever been here before.

14:17

But if you go to principles.

14:19

Principles are what guide a life full

14:21

of mystery. Truths guide you through

14:23

the unknown because you are holding

14:25

on to something that will not

14:27

shift shape. A truth, a principle. Sun comes

14:29

up tomorrow. You know, things that will just

14:32

absolutely always be there. Truth's principle. So you

14:34

say, is the strongest element to a country

14:36

the fact that it makes stuff? This is

14:38

why a Dominican Republic doesn't have an economy.

14:41

It sells lobsters that aren't from Maine. and

14:43

avocados like they don't have anything to offer

14:45

and to create revenue and so they have

14:47

a crappy place to visit so they don't

14:49

even have great tourism because it's not a

14:52

safe place to go visit right so when

14:54

you look at the strength of a country

14:56

it'll be off what it offers what it

14:58

creates what it produces we used to

15:00

make stuff that's what made America great

15:02

in the first place to bring that back

15:04

you have to you have to look at

15:07

playing You have to look at some tough

15:09

choices and there's no way to have half

15:11

of it back and half of it gone.

15:13

There's no in between. Is Trump on the

15:15

right track? I would give American corporations

15:17

one year to no longer ever

15:19

have anything made and after a

15:21

year you don't get to bring

15:24

anything into America from outside

15:26

this country. So that is

15:28

Americans corporate. American corporations. So

15:30

if you make your stuff in

15:33

China, forget about the terror, you're

15:35

not bringing it. but it'll also

15:37

create economic health for China because

15:39

they don't get our money anymore

15:41

and it might make them desperate

15:43

they make some moves to try

15:45

and sequester our economy in a

15:47

big way and make a slave

15:50

to their their empire but they

15:52

won't win because principles of truth

15:54

always win falsehood Hitler Stalin Lenin

15:56

communism socialism can't win because it's

15:58

not human it isn't aligned with

16:00

what the iron that flows through

16:03

our blood to want to be

16:05

free, produce, own what we created,

16:07

work hard, sacrifice, all that stuff

16:10

is what humans all about.

16:12

So we're relying on one

16:14

man who understands the

16:16

game, Donald Trump understands

16:18

the business, he gets the power,

16:20

he gets the leverage, he's

16:22

got four years. So, I mean, how

16:24

much can be done in four years?

16:27

So, I mean, doesn't it throw us back,

16:29

Paul Stone, to the issue of you

16:31

can't invest in the American dollar? I

16:33

mean, that in the end, that it is

16:35

the, you know, it's gold and silver that

16:37

are always going to be the

16:39

constant benefit? Because they're real.

16:41

The dollar was real when it

16:43

was backed by gold. So just think

16:45

of paper as a better way to

16:47

carry gold and silver. And it took

16:50

a while to invent that. Our paper

16:52

money is a top secret recipe. And

16:54

it's 65% linen. It is impossible to

16:56

recreate that feel, but it's

16:58

also kind of indestructible. Right?

17:00

So when you look at the, in my

17:03

opinion, when you look at the invention of

17:05

that kind of paper, you don't have to

17:07

carry gold and silver anymore because I carry

17:09

a billfold instead of a satchel on my

17:12

hip that jingles when I run for the

17:14

bus. Right. You know, I don't like that.

17:16

I don't want to jingle when I move,

17:18

you know what I'm saying? And your purse

17:21

doesn't have to weigh as well as well.

17:23

Right. You know, when we look at beyond

17:25

meat, it's soared, it was incredible, and

17:27

then everyone's like, yeah, but I still

17:29

like sausage. Yeah. So the fake and

17:31

falsehood never has a chance to stay

17:33

in place. Golden Silver stays in place

17:36

and will always be something you can

17:38

depend on and always be credible and

17:40

viable because it is real. Okay, so how

17:42

do the interest rates play into that?

17:44

And what power does President Trump have

17:47

over the interest rates and lowering them?

17:49

He doesn't have any. He can put a

17:51

pressure and he pressured Powell the first

17:53

time around cut rates cut rates cut

17:56

rates He also was pressuring Powell to

17:58

weaken the dollar so the DX Why

18:00

is the symbol for the dollar index that

18:02

compares what are, it just gives a, like

18:04

a, just think of it as maybe a

18:06

thermometer. So when the dollar's up around a

18:08

hundred, that's pretty hot. That means it's

18:11

harder for our stuff to be sold in

18:13

other countries and easier for their stuff to

18:15

get sold here. So if the dollar is

18:17

in the 80s, and I'm not

18:19

a financial advisor and a trained

18:21

economist, but if the dollar is

18:23

in the 80s, then it's easier

18:25

for our companies to export and

18:28

get our stuff sold in other

18:30

countries, and it's harder for their

18:32

stuff to get sold here. Exactly.

18:34

So he was beaten up on Powell

18:36

about our dollars too strong find ways

18:38

to weaken the year 2000. Now that

18:41

number eventually hit somewhere near zero. Right.

18:43

And you've got massive issues. So if

18:45

you, we're gonna have, and when my

18:47

thought comes about closing the borders to

18:49

having anything imported here, you know, unless

18:51

it's French wine. Yeah. Because we, you

18:54

know, the world needs Italian and French

18:56

wine and there's some certain things we

18:58

need and you would have a list

19:00

of things we just can't make here,

19:02

we'll bring that in. Yeah. You know,

19:04

we need a. You know, we need

19:07

Chinese fireworks or whatever. We need Chinese

19:09

fireworks. Yes. We can't have military uniforms

19:11

made in China. This is the stuff,

19:13

like we can't have American flags made

19:15

in China. We can't have stuff made

19:18

there. I don't care what it costs.

19:20

Go without them. We want to thank

19:22

Paul Stone for being with us today

19:24

and talking about colonial medals group

19:26

and we hope to see you

19:28

next time. It's the Judge Janine Show.