Robert posed an inquiry about Kevin Freeman’s push to introduce transactional gold and silver into the Texas Senate as a safeguard against a potential Central Bank Digital Currency (CBDC). This initiative has local grassroots support. Robert also mentioned something about a ‘pirate money clause’ in the Constitution. The reply acknowledged the question, noting that their stance on precious metals hasn’t changed: while it’s okay to have some precious metals as part of an investment portfolio, it’s unwise to put all hope in them. Diversification is key, and in a crisis or ‘end times’ scenario, other resources like food, rations, and ammo are more practical for bartering. They noted that gold does not pay dividends and rarely hits high prices, so it’s not a very profitable investment. The passage of such a bill might change gold’s status as a currency but not its investment qualities. The advice was to hold a small amount of gold personally, and the speaker also emphasized that too much of a good thing, like gold, can still be too much.
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Robert has a question about Kevin Freeman is pushing to get transactional gold and silver play into the Texas Senate to help protect against the coming CBDC, our local and very strong grassroots organization is supporting this as well. Apparently there is something called a pirate money clause in the Constitution for such things. Would passing such a plan have an effect on our traditional stance and beliefs and precious metals as investment investments. What are your thoughts? That’s a good question, Robert. I appreciate that. It’s something that we did talk about a couple of months ago on the show. I think it was. But let me answer your question first, by just reminding you what our stance on gold is, we feel like it’s perfectly okay to have a little bit of precious metals as an investment. But we believe it’s unwise to put all your hope in gold. So it’s one of those things where we say absolutely feel free to have a little bit, but don’t do what so many other conservative podcasts and outlets do, which is say gold is your only hope, we don’t believe that we believe it’s far far better for you to be well diversified. And if you’re looking for something kind of like as an end times precaution that you can take, you’d be far better stocking up on food and rations and a place to live and ammo and different things like that, then you would be defined as many bar, you know, gold bars as you as you as you can. Dan always used to talk about how and that kind of hypothetical scenario and perhaps it’s not hypothetical because someday we probably will see something like that, if not in our lifetime, maybe later on, but you’d be far better to have a tool to barter with. And so that’s just just to remind you of, if you’re going to have gold, a little bit of gold in your portfolio, not a bad thing at all just to remind or hold it yourself. Don’t make it any more than a small And just remember to, it doesn’t pay dividends, it’s been hitting some highs recently, but it’s still extremely rare for gold to hit highs. So it’s not really a very profitable investment option for you. And then most importantly, like we just said, it’s not going to protect you from market volatility in that individual and time situation. Uh, once again, you you’re, you’re much far better stocking up on enough emergency cash to source, a place to go for safety. Things like that. Now I don’t know the answer to that for sure, to be honest with you, but if I had to guess, I would say probably not because the passage of such a bill like this, it could be good for the nation. Absolutely. Assuming it could get nationwide levels of support. But it seems to me, Robert, that it wouldn’t necessarily change the foundational qualities of gold as an investment. And that’s really what we view it as at the ministry here as gold as an investment, this would change its stance perhaps as a currency, but not as much as an investment. So it’s, it would still be tough to sell. It would still pay no dividends and it would still not really provide that end time support like so many conservative podcasts claim that it would. So I’d encourage you, Robert, definitely look into it some more. And by the way, me, me saying this is not saying anything negative about Kevin, Kevin Freeman or the work he does on blaze television. I’ve watched some of his shows. He does some great work. Uh, and again, gold is not bad, but I, I, I think when we’re thinking about gold and precious metals, we have to remember the phrase too much of a good thing is still too much. Um, that phrase is not always true. For example, too much of the gospel is not too much too much of Jesus Christ is not too much. But when it comes to gold, I think it does ring true that too much of a good thing can be too much. And so with gold, we would say have a little bit of it, but not too much.
