BIG CRASH IS COMING! FED CAN'T SAVE THE FINANCIAL SYSTEM! Housing Market Crash -Tall Mike Talks

[00:00:01]Whoy who all my stock market gamblers, welcome today. I'm Tom Mike. I'm so glad you're here. What do we GOT GOING ON?

[00:00:09]WELL, WE KIND OF GOT THE STOCK MARKET kind of in a holding pattern, right?

[00:00:13]It's deciding if it wants to crash big or if it wants to press up to new highs.

[00:00:19]Now, my take is it's going to come down.

[00:00:21]Now, will it come down hard? Will it come down big? That remains to be seen.

[00:00:26]The signal I'm waiting for is the junk bonds. Right now, they are still pumping the liquidity into the marketplace, right? And that's holding up the S&P.

[00:00:35]Now, the NASDAQ that's started to break, right? It's got the semiconductors in there. It's got a lot of AI stocks and it's starting to come down. We'll see how this all plays out. But for right now, a holding pattern, I'm watching that HYG. See, if that gets down below the 20-day moving average, then we got a big problem to the downside. We'll see how this plays out. Now, today I want to go over two different scenarios. The good scenario and the bad scenario.

[00:01:02][snorts] Now, this depends on which way Kevin Worsh is going to move interest rates. Right? Now, if he moves them up, we're going to get the bad scenario.

[00:01:11]Now, if he moves them down, we're going to get the good scenario. So, I'm going to start with the good scenario first.

[00:01:17]Okay? So the good scenario is that in the next five to seven years, five to seven years, next five to seven years, your purchasing power of the dollar will lose 75%.

[00:01:31]75% of your purchasing power is gone.

[00:01:34]Now, I'm an old guy and I know a lot of older guys watch my show and a lot of you are on social security and I have this conversation with my friends. Some of them get as much as $4,000 a month.

[00:01:46]Some didn't do quite as well. they get $2,000 a month. Now, I ask them and I ask both of them if they're going to be okay if the purchasing power loses 75% of their money. In other words, instead of getting $4,000, you get $1,000. Will you be okay? Most of even the rich ones say, "I will not be okay." And if you're getting $2,000, well, you'll only be getting $500. That's losing 75% of your purchasing power. And this is actually how I think it's going to play out. So the good scenario is in play, right?

[00:02:20]Where we only lose 75% of our purchasing power. We get to keep 25%. And those of you that are smart enough to be in the gold and silver market, well, you're going to do really, really well over the next 5 to seven years. Probably a lot sooner than that. Three to four years more likely. But I'm patting my time frame. Let's go with five to seven years to lose 75% of the dollar's value. Okay, they've already wiped out 99%. We're down to the last 1% and that 1% they're going to try to wipe that out and they'll lose 75% of it. Now, that's very interesting to me.

[00:02:58]Now, a lot of PEOPLE SAY, "BUT MIKE, YOU SAID WE'RE GOING to [laughter] start with the good scenario." This is the good scenario, right? The bad scenario, which we'll get to in a minute, is really, really bad. And it's really, really scary. And that's why I do these on a Wednesday. Not as many people watch my show on Wednesday so I can talk about the scary stuff because I got my hardcore viewers on the Wednesday that can handle the truth. A lot of people, they cannot handle the truth, right? I mean, you got to look at the difference here. Okay? SO BACK, YOU GO BACK to 1980, the debt to GDP was well was about 30%. Debt to GDP 30%. In 1980 when us baby boomers were just getting started in our working career, about 30%. What is it right now?

[00:03:48]130%. So us baby boomers, we've had quite the party. I mean, it's been great. Great ride. I got no complaints.

[00:03:55]Right. I do feel sorry for the younger generations that we're passing this debt on to, right? This debt is being passed on to them. Now, they're re responsible for some of it, right? Cuz in 2007, right, we only had $8 trillion in debt and today we already $40 trillion. From 2007, 8 trillion TO TODAY $40 TRILLION.

[00:04:20]NOW, YOU JUST put a number on this for the interest rate, right? You can put 5%, right? I mean, that's I think we're going to hit 5% in interest rates already have on the 30-year bond, but the 10 years probably going to hit that also. And that's where things are going to get a little little dicey and probably start to come in a lot. But I think it's going to be a problem, right?

[00:04:41]Because you put 5% on that 40 trillion.

[00:04:44]Well, what you got? Well, you got over what, two trillion dollars, right? In interest payments. Now, this is the death spiral that I keep talking about, right? We have to print money just to pay the interest on our debt. And the farther more [clears throat] and more we go into debt. Right now, you see, it's not the 40 trillion that's the problem.

[00:05:03]The problem is we're accelerating the debt. And you can see that just by those numbers. 8 trillion in 2007, 40 trillion today, right? That's 33 trillion, not even in 20 years, right? I mean, that's scary stuff. You're going to do it again, though, right? We're going to add another 40, 50, 60 trillion. Okay, that's just common sense. I mean, we don't have a politician that has a brain left in them. The ones that had the brains left in him, they chased them out, right? I mean, like Massie, he wanted to go out AT FORT KNOX. [screaming] WE GOT TO GET RID OF THAT DUDE. HE wanted to read what? He wanted to read the Epstein file. The names on the Epstein file in FRONT OF CONGRESS. WE DEFINITELY GOT TO GET RID OF THAT DUDE. OKAY. WELL, he's gone, right? So we don't have anybody in there that really wants fiscal responsibility. They want to spend and spend and spend cuz that's where they get their power from. Right? If they can continue to hold the purse strings and it's unlimited, right? It's really really unlimited. There's no control on it whatsoever. And that's why I keep screaming. We do have to get back to a gold standard. But people don't want to feel the pain of that, right? I mean, we want to keep the inflation going, keep the government spending, reach that hundred trillion in debt. Will we get that for? Leave me a comment if you think we can get a hundred trillion dollars in debt. A lot of people think the debt doesn't matter. I tend to argue that it doesn't matter until it does.

[00:06:30]And the fact that it is accelerating at a faster and faster and faster pace and these are the good times, right? I mean, we're not in a recession. We're still printing extra two to three trillion a year. And these are the good times. WAIT TILL THE BAD TIMES COME, RIGHT? What are they going to do in the bad times? Well, they're going to print more, right? So that two to three trillion will turn into six to7 trillion a year. That's just the way it's going to play out, right? That's just the way. And this is the good scenario. This is the good scenario. Let me give you the bad scenario. Okay, buckle up. Here is the bad scenario. The system breaks, right?

[00:07:08]the system breaks cuz it can't handle a hundred to trillion dollar worth of debt. The derivative market four or five quadrillion. Nobody knows exactly how much the derivative market is. But once that goes, the debt system goes, the credit crisis happens. The sovereign debt crisis happened and this all comes down. This is the bad scenario. This is the scary stuff. This is where the banks fall over like dominoes. Now you think your money in the bank is your money.

[00:07:37]No, no, no, no, no, no, no. You would be sorely mistaken here, right? That is not your money. Soon as you give the money to the bank, that is their money, right?

[00:07:46]You've lent it to them. Now, how do they pay you back? Well, they can pay you back with your money, but they're going to lose all that. So, that's not really going to be an option, right? They're going to give you shares and they're defunct bank and those shares will become well, they'll be completely worthless when you get them, but they won't be able to get your money back.

[00:08:05]Your money in the banking system is going to be wiped out. Going to GO TO ZERO. WHAT ABOUT YOUR STOCK PORTFOLIO?

[00:08:12]Everybody says, "But I'm with the broker, Mike. My money's not in the bank." Look at you do not own your stocks. Isn't that shocking? You do not own them. Now, if you have the certificates in a safe that you own, yes, you can prove that you own them, but who owns your stock? Who owns the stock certificates? That would be your broker, right? That would be your broker. What happens when the system breaks? What happens when it all comes down? Is your broker going to give them to you or is he going to use them to save his own butt? He can use them to save his own butt. Now, after this all happens, after the system comes down, after society gets restarted again, maybe they'll let you sue your broker, but your broker is going to be long gone. This is the scary stuff. This is where you don't get 25% of your money left over in seven years. This is where you get 0% of your money. Fortunes are going to be wiped out all across the world. I I I think it'll be greater than the Great Depression. Really, I do. I think food will become scarce. Not everybody's going to make it. Okay, I'm getting a little too much to the dark side here. Let's go back a little bit.

[00:09:20]But just from the financial standpoint, there is something you can do right now to protect yourself. And I tell you, that's the gold and silver market. A lot of people laugh at me. THEY SAY, "BUT [screaming] MY GOLD WAS 5,500. NOW IT'S 4,000 and it could be headed to 3,000."

[00:09:37]We're not sure, right? We're not sure in the short term. In the long term, we know we're going to be straight up. It's going to be hyperbolic, right? It's going to be just straight straight up 10, 20, 30, 40, 50, 60,000 per ounce, right? So, if you get it at 4,000 or if you get it at 3,000, either one of those, you did really well when this thing goes. That is your protection.

[00:10:01]That is your insurance policy. AND EVERYBODY SAID, "BUT MIKE, HOW WILL I KNOW WHEN TO SELL my gold? HOW WILL I KNOW?" WELL, you'll know when it's one to one with the Dow Jones. Did it in 1930, 1980. Going to do IT IN 2030. BUT MIKE, THE DOW'S UP HERE AT 50,000.

[00:10:20]GOLD'S DOWN HERE AT 4,000. How can they go one to one? Which one's going to go up? Which one's going to GO DOWN? MAYBE THEY BOTH meet at a 100,000, right? Is that a possibility? Yes, that's a possibility, right? If we hyperinflate, definitely a possibility. If we start to do the right thing, maybe the Dow starts crashing, right? Maybe the Dow comes all the way down to 4,000. What? Lost 90%.

[00:10:44]That could [clears throat] happen, right? Could happen. It's on one to one with gold. It's done it twice already.

[00:10:51]in the United States here 1930 1980 and I'm calling for it again 2030 and you all know what I'm calling on silver right I'm calling on silver four years to four digits that's an aggressive call right maybe it's only $500 after four years but I really think it's got a shot at $1,000 within FOUR YEARS BUT MIKE IT'S TRADING AT $60 that is correct might go down to 50 might go to 40 but if you know it's going to four digits shouldn't you pick some up. Yeah, I think you should. This is just my take.

[00:11:24]You got to do you. Maybe you're in that Bitcoin thing trying to help Michael Sailor out. He needs a lot of help. He needs you to stay in there. He needs you to buy more. But I'm going with what's worth for over 5,000 years, right? And that's God's money. That's the gold and silver market. Now, I keep telling you a lot of people are complaining how expensive houses are. I totally agree.

[00:11:46]They're ridiculously priced, right? But I do think that 500 ounces is going to get you the house, right? It was 800 ounces in 1980. I agree with that. Maybe it takes 800 ounces to get you the house. But I think things are so bad right now that the problems are so much bigger than they were in 1980 that I think it's going to come down to only 500 ounces of silver will get you that average price home. Now, when else do I know that this is coming to a close?

[00:12:14]That this is coming to an end, that the gold bull market is over, that the silver bull market's over. Everybody thinks it's over, RIGHT? I MEAN, 5500 and 120 for silver, THAT WAS THE TOP.

[00:12:25]THAT was the top. That wasn't close to the top. Those are going to be stepping stones on the way up. You are so far from done here. Nothing bad has happened. These aren't the good times.

[00:12:37]THIS IS THE GOOD SCENARIO. WE'RE JUST INFLATING AWAY the dollar. The bad scenario if that hits these numbers are going to be incredible. Right? Look at back in 1980, right? Gold it hit $800.

[00:12:50]Silver hit $50. What is that? 16:1 ratio, right? Gold to silver 16:1 ratio.

[00:12:56]It'll be getting close to an end when we get below 20 to1. Now it comes out of the ground only at 7:1. Now used to be 10 to1, but we have to dig deeper and deeper for silver. And as you dig deeper and deeper for silver, there's no silver. Most of the silver goes up to the surface, right? It's not like gold.

[00:13:13]Gold's pretty stable. Farther down you go, the same amounts there. Silver, farther down you go, you got less and less silver. And we keep using up the silver. Every bomb WE SEND OVER THERE, RIGHT? WE BLOW THINGS UP WITH IT. That silver, it's gone. It's used up. It's blown into smitherreens. The gold you, most of the gold we mine, we still have because gold is so valuable, right?

[00:13:35]Everybody saves it. Everybody has it in jewelry. Every Nobody throws that away.

[00:13:40]It's too expensive to use. It could be used just like silver could be used as a conductor, right? I mean, it's got a lot of properties that are good. Just too expensive. 4,000. Well, that's really cheap, right? Because you're going to see 10 20,000, but it's going to take some time. Not going to happen tomorrow, but it is going to happen in four years because 1930 is coming one to one with the Dow for gold. uh gold silver ratio probably under 20 to1. Once again, this is just my take. You could take probably completely different than mine and mine is, you know, people just think I'm A WACKY GUY, RIGHT? YOU'RE JUST A BOOMER WITH A MICROPHONE, TALL MIC. YOU'VE GOTTEN EVERYTHING WRONG FOR YEARS. YOU DON'T KNOW ANYTHING. And that's okay.

[00:14:22]You're here listening to me. We got the hardcore people here on Wednesday. We went over some of the scary stuff. IF YOU LIKE THE SCARY STUFF, GIVE ME A THUMBS UP AND PUNCH THE SUBSCRIBE BUTTON. Get out there, everybody. HAVE A GREAT DAY. BYE-BYE NOW.