Latest / The Ben Ferguson Podcast / Exclusive - ‘Laptop from Hell’ Documents Show Hunter Biden Used Family Leverage in a Deal to Sell Louisiana Natural Gas to Chinese Firm!

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Exclusive - ‘Laptop from Hell’ Documents Show Hunter Biden Used Family Leverage in a Deal to Sell Louisiana Natural Gas to Chinese Firm! · The Ben Ferguson Podcast

0:00
Speaker 1: New exclusive information Hunter Biden's Laptop from Hell. Documents are
0:06
Speaker 1: now showing that Hunter Biden was using family leverage in
0:10
Speaker 1: a perspective deal to sell Louisiana natural gas to a
0:15
Speaker 1: Chinese firm. That's right, this has just come out. This
0:20
Speaker 1: coming from that hard drive, that laptop from Hell. The
0:25
Speaker 1: same man who, by the way, that laptop was given
0:28
Speaker 1: to to fix, is now also suing big tech as
0:33
Speaker 1: well as individuals. I'll give you those details in a moment,
0:37
Speaker 1: but this is more corruption that the White House did
0:39
Speaker 1: not want to come out, and this is serious corruption. Also,
0:45
Speaker 1: just want to say very quickly for so many of
0:47
Speaker 1: you that have just found this podcast because of many
0:50
Speaker 1: of you finding us on Twitter now for the first
0:52
Speaker 1: time with what's happened there, make sure that you hit
0:55
Speaker 1: that auto download or subscribe button so you can grab
0:58
Speaker 1: this podcast every day automatically. For the Biden family was
1:03
Speaker 1: set to benefit from a deal to transform American natural
1:07
Speaker 1: gas to a Chinese energy company ce FE, through a
1:12
Speaker 1: Perspective twenty seventeen deal by Hunter and Jim Biden, that
1:18
Speaker 1: is Joe Biden, the President nineteenth America's brother. More documents
1:23
Speaker 1: are now showing that Hunter and Jim Biden were involved
1:27
Speaker 1: on many business deals together. This, according to these newly
1:31
Speaker 1: uncovered documents, as the Biden administration now massively scales back
1:38
Speaker 1: United States energy production. Now, let's just talk about what
1:43
Speaker 1: this means so you understand the concept of what I'm
1:47
Speaker 1: talking and explaining right now. The Biden family, which demands
1:51
Speaker 1: that you buy an electric car, which wants to force
1:55
Speaker 1: you into submission to become green alternative energy, had no
1:59
Speaker 1: problem problem actually doing a deal with a Chinese energy
2:02
Speaker 1: company when they were going to receive millions, if not
2:06
Speaker 1: hundreds of millions of dollars that they were a part
2:08
Speaker 1: of CEFE. They had no problem, according to these nearly
2:14
Speaker 1: uncovered documents, having a massive increase in natural gas in America.
2:20
Speaker 1: But once the deal was gone, they went back to
2:23
Speaker 1: their old ways. Documents never previously reported on from the
2:28
Speaker 1: infamous Laptop from Hell belonging to Hunter Biden, show that
2:32
Speaker 1: the Biden family was working on a deal in two
2:36
Speaker 1: thousand and seventeen to transfer liquid natural gas from Louisiana
2:43
Speaker 1: to this Chinese firm, which Hunter Biden also discussed a
2:47
Speaker 1: business venture that would have quote ten percent of the
2:50
Speaker 1: company held for the big guy who is the big guy,
2:55
Speaker 1: none other than the President of United States of America,
2:58
Speaker 1: Joe Biden. Now the deal never materialized, partially because in
3:05
Speaker 1: twenty sixteen, you will remember who became the President of
3:08
Speaker 1: the United States of America. It was Donald Trump. They
3:11
Speaker 1: were trying to do the deal in two seventeen, but
3:14
Speaker 1: when Donald Trump got his energy independence and the price
3:17
Speaker 1: of natural gas and oil around the world started to drop,
3:21
Speaker 1: there's a good chance of the deal just didn't make
3:23
Speaker 1: sense at the time. Now, that wouldn't stop the Chinese
3:27
Speaker 1: players in the deal, however, from going on to push
3:30
Speaker 1: Hunter to help his father am out a bid for
3:32
Speaker 1: the president years after this deal fell through. How do
3:37
Speaker 1: we know this? Let me give you an example. In
3:40
Speaker 1: an email from October the twenty third, two seventeen, an
3:46
Speaker 1: intermediary by the same by the name Gaioqui Bao became
3:51
Speaker 1: Hunter Biden and his Chinese business associates sent an email
3:56
Speaker 1: thinking Hunter and Joe Biden's brother were arranging a meeting
4:01
Speaker 1: with Greg Michaels, the president of natural gas lictification facility
4:05
Speaker 1: in Louisiana called Monkey Island l n G, and detailing
4:11
Speaker 1: plans for what would be discussed. Quote, we have a
4:15
Speaker 1: ten thirty AM meeting tomorrow morning at three CC with
4:20
Speaker 1: Greg Michaels, the president of Monkey Island LNNG Terminal Project
4:24
Speaker 1: in Louisiana. Thank you for Jim and Hunter for bringing
4:29
Speaker 1: the owner to talk to us, Directorily, the woman writes
4:33
Speaker 1: an email received by Hunter Biden, Joe Biden's brother, Jim Biden,
4:38
Speaker 1: and Gong Wing Dong, a Chinese investor involved in multiple
4:42
Speaker 1: deals linked to Joe Biden. Hunter Biden and Jim Biden.
4:46
Speaker 1: Leveraging the family name to secure high profile meetings for
4:49
Speaker 1: foreign clients was not just a good deal for Hunter Biden,
4:52
Speaker 1: but also we now know a very good deal for
4:55
Speaker 1: Jim Biden, the President's brother. This was nothing more than
5:00
Speaker 1: a crime. Family of business. Make it very clear, and
5:04
Speaker 1: they all knew what they were doing. They were selling
5:06
Speaker 1: access to the Vice president the same way they sell
5:10
Speaker 1: access apparently to the President of the United States America.
5:14
Speaker 1: Now it has been previously reported now by The New
5:16
Speaker 1: York Times that Hunter was in fact responsible for all
5:21
Speaker 1: family major expenses, with Hunter once telling his daughter that
5:26
Speaker 1: he has to quote pay for everything for the entire family.
5:31
Speaker 1: The Post reported back in July of last year. Quote
5:36
Speaker 1: I hope all I hope you all can do what
5:38
Speaker 1: I did and pay for everything for this entire family
5:42
Speaker 1: for thirty years. Hunter wrote in a twenty nineteen text
5:47
Speaker 1: message to his daughter Naomi that was found on his
5:51
Speaker 1: abandoned laptop, it's really hard quote unquote, but don't worry.
5:55
Speaker 1: Unlike Pop, referring to his father Joe Biden, I won't
5:59
Speaker 1: make you give me half your salary and another email.
6:04
Speaker 1: On October the twenty ninth, twenty seventeen, Bayo Rights discuss
6:09
Speaker 1: plans for the business venture, saying Hunter is the best
6:12
Speaker 1: person to help his quote unquote friend, the cef E chairman,
6:19
Speaker 1: because he has access to decision makers required to approve
6:23
Speaker 1: the transfer of essential natural resources to foreign entities quote
6:27
Speaker 1: unquote through you and Uncle Jim's connections with Monkey Island
6:33
Speaker 1: Magnolia Project ABC. As a starting point talking point, we
6:38
Speaker 1: can check out a lot of all our interesting Louisiana
6:43
Speaker 1: taxes slash Gulf of Mexico US projects. Bo's email begins,
6:50
Speaker 1: then it goes on to say this, you're the best
6:52
Speaker 1: person to help my friend Ye to do that because
6:56
Speaker 1: you know a lot of folks in the area and
6:58
Speaker 1: you have the access to decision makers slash helpful local
7:02
Speaker 1: folks with insight about the regions. She continues, The junior
7:06
Speaker 1: Biden's friend Ye was connected to Chinese People's Liberation Army
7:13
Speaker 1: before he was mysteriously detained in China in twenty eighteen,
7:18
Speaker 1: and CEFE is now a defunct company according to various
7:22
Speaker 1: reports that Hunter Biden was involved in. Then there's a
7:26
Speaker 1: third December twenty seventeen email that's just been unearthed, never
7:30
Speaker 1: before seen. That email coming from Bayo, subject line reading
7:34
Speaker 1: updates from your Good Trooper, contain an attachment with extensive
7:40
Speaker 1: research on the energy industry in Louisiana, specifically quote The
7:45
Speaker 1: Industry Overview, allegedly put together by Bayo, compiles details on
7:49
Speaker 1: the US liquid natural gas industry industry, from how local
7:54
Speaker 1: climate effects output, to how natural gas has distributed through
7:57
Speaker 1: the United States and from where pipeline networks and existing infrastructure,
8:02
Speaker 1: to local tax policies and sentoms, as well as cost
8:06
Speaker 1: of shipping and supply chain details. At the bottom of
8:10
Speaker 1: the report, Bayo notes, without passing the FARC review, will
8:15
Speaker 1: not receive a non FTA approval. Without a non FTA approval,
8:21
Speaker 1: it won't be able, won't be eligible to sell the
8:24
Speaker 1: company to China. Let all that sink in. Joe Biden
8:30
Speaker 1: selling our natural resources with his son Hunter Biden, his
8:32
Speaker 1: brother to China, trying to and asking them to walk
8:37
Speaker 1: it through to strip our land of our natural resources.
8:41
Speaker 1: That's what this conversation is about. Let that sink in.
8:47
Speaker 1: Secretary Graham Hoolme was actually in Congress this week speaking
8:52
Speaker 1: to a bunch of senators. One of the senators asked
8:55
Speaker 1: a question about Hunter Biden. That senator is a good
9:00
Speaker 1: front of a show. Bill Haggarty asked a very important
9:03
Speaker 1: question of Secretary Grant Holm. I want you to listen
9:08
Speaker 1: to the question that he asked, obviously talking about a
9:12
Speaker 1: conflict of interest and Joe Biden, Hunter Biden, etc. Take
9:15
Speaker 1: a listen. Do you know Hunter Biden, I've met him.
9:19
Speaker 1: Have you ever had an opportunity or your staff had
9:21
Speaker 1: an opportunity to discuss energy policy with Hunter Biden given
9:24
Speaker 1: his experience in the space. Let me turn to another
9:28
Speaker 1: set of questions. Do you think it was appropriate for
9:31
Speaker 1: Vice President Biden to conduct foreign policy in the Ukraine
9:35
Speaker 1: while an influential Ukrainian energy company called Barismo was paying
9:39
Speaker 1: his son a million dollars a year to serve on
9:41
Speaker 1: his board or while a Russian billionaire was providing millions
9:45
Speaker 1: of dollars to Hunter Biden at the same time that
9:48
Speaker 1: Hunter Biden was apparently paying his father's business or living expenses.
9:54
Speaker 1: With respect, sir, I'm here on the Department of Energies budget.
9:57
Speaker 1: I'm not sure what rele even that has to the budget.
10:01
Speaker 1: And I also know that President Biden is an incredibly
10:04
Speaker 1: ethical human being and would never do anything that would
10:07
Speaker 1: demonstrate a conflict of interest. Well as a member of
10:10
Speaker 1: his cabinet and somebody who obviously takes conflicts of interest
10:13
Speaker 1: very seriously. I wanted to see what your opinion was.
10:17
Speaker 1: I love this, right, I'm just here to talk about
10:19
Speaker 1: the Energy secret Terry's budget. I'm just this is just
10:22
Speaker 1: in a hearing year. Hold on a second, everybody calmed down.
10:26
Speaker 1: Do you know Hunter Biden Secretary, I've met him. Have
10:31
Speaker 1: you ever had an opportunity or your staff had an
10:34
Speaker 1: opportunity to discuss energy policy with Hunter Biden given his
10:36
Speaker 1: experience in the space. No, And then he asked the
10:39
Speaker 1: big question. Let me turn to another set of questions.
10:42
Speaker 1: Do you think it's appropriate for Vice President Biden ni
10:45
Speaker 1: conduct foreign policy in Ukraine while an influential Ukrainian energy
10:49
Speaker 1: company called Barisma was paying a set of million dollars
10:51
Speaker 1: a year to serve on its board or while a
10:54
Speaker 1: Russian billionaire was providing millions of dollars one hundred Biden
10:57
Speaker 1: at the same time that Hunter Biden was apparently paying
10:59
Speaker 1: its father. There's expenses with respect to that, sir. I'm
11:03
Speaker 1: just here to talk about the Department of Energy's budget.
11:07
Speaker 1: I'm not sure what relevance that has to the budget.
11:10
Speaker 1: And I also know the President Biden is an incredibly
11:13
Speaker 1: ethical human being. Really, ten percent for the big guy.
11:17
Speaker 1: You want me to believe that this is ethical? Ten
11:21
Speaker 1: percent for the big guy? Is now ethical? That's what
11:25
Speaker 1: you're telling me. Ten percent for the big guy. This
11:28
Speaker 1: is just super super ethical. Sure it is right. Oh, yes,
11:34
Speaker 1: it's all about ethics here, It's all ethical. All right.
11:40
Speaker 1: Let's go back to the new emails. December twenty seventeen,
11:48
Speaker 1: another email coming into Hunter Biden talks about how quick
11:51
Speaker 1: can we get this done? We got to make sure
11:54
Speaker 1: that we get this reviewed. We have to make sure
11:56
Speaker 1: we can get it reviewed so that we can get
11:58
Speaker 1: the deal done, because we got to sell this to China,
12:02
Speaker 1: selling natural resources to China. FRC refers to the Federal
12:08
Speaker 1: Energy Regulatory Commission and non FAT refers to non free
12:12
Speaker 1: trade agreement countries, of which China is one of them.
12:16
Speaker 1: We got to get this done now again, let's go
12:18
Speaker 1: back through this. What all does Hunter Biden and Joe
12:20
Speaker 1: Biden and Joe Biden's brother have to do to get
12:24
Speaker 1: all this done without passing the Federal Energy Regulatory Commission.
12:29
Speaker 1: And by the way, this email I'm reading is coming
12:31
Speaker 1: from the Chinese, So without passing the Federal Energy Regulatory Commission,
12:37
Speaker 1: we will not receive a non free trade agreement country
12:42
Speaker 1: status that we need to get this deal done. According
12:46
Speaker 1: to report on Biden family fair compliance compiled by Senator
12:51
Speaker 1: Chuck Schumer and Senator Grassly in November of twenty twenty,
12:56
Speaker 1: the bidens were used by YE as a mechanic to
13:00
Speaker 1: build influence in securing US business, but the CEFE natural
13:05
Speaker 1: gas deal fell through in twenty eighteen, As part of
13:07
Speaker 1: Hunter Biden's effort to assist YE, he reportedly began working
13:11
Speaker 1: on a deal for You to Yet that involved a
13:15
Speaker 1: forty million dollar investment in a natural gas project on
13:19
Speaker 1: Monkey Island and Louisiana that reportedly fell through in twenty eighteen,
13:24
Speaker 1: the report continues. Now, remember, you're supposed to actually register
13:28
Speaker 1: as a foreign agent when you're doing what Hunter Biden
13:32
Speaker 1: and Hunter Biden's brother we're doing at the time. That's
13:35
Speaker 1: how this works, right, You're supposed to be And it's
13:40
Speaker 1: pretty clear like there's there's no real you know, in
13:44
Speaker 1: between on this one. I want to make that abundantly clear.
13:47
Speaker 1: All Right, you're what you're supposed to do in that
13:51
Speaker 1: scenario is you're supposed to go and say, I'm working
13:54
Speaker 1: for a foreign country. I'm working for China. Based on
13:58
Speaker 1: the emails, Hunter Biden and Joe Biden's brother would both
14:01
Speaker 1: have to declare that they work for the Chinese. They
14:04
Speaker 1: never did that. If you don't, it's a federal offense.
14:08
Speaker 1: But it's very clear that they were working for the
14:10
Speaker 1: Chinese because the emails coming from the Chinese are telling
14:12
Speaker 1: them what they need them to do. And he's got
14:15
Speaker 1: money invested in China, and he's got a bunch of
14:17
Speaker 1: calves coming in from China. I mean, this is this
14:19
Speaker 1: is no little task here, my friends, This is no
14:21
Speaker 1: little feat. This is significant and everybody should understand how
14:27
Speaker 1: significant this really is. So why is it that no
14:31
Speaker 1: one's talking about this because the media doesn't want to
14:34
Speaker 1: tell you this story. The media doesn't want to talk
14:37
Speaker 1: about the fact that it's getting worse, not better, right
14:40
Speaker 1: the media. What they're focused on right now is my
14:44
Speaker 1: orchis trying to have a disinformation board so they can
14:48
Speaker 1: continue to bury stories just like the one I'm telling
14:51
Speaker 1: you tonight, so they can silence them from being shared online,
14:55
Speaker 1: so they can shut you up online, so they'll never
14:58
Speaker 1: talk about it online. Is their objective, That is their goal.
15:03
Speaker 1: That is what they want to happen. If you look
15:07
Speaker 1: at what is now being discussed, if you look at
15:09
Speaker 1: now what is being described, it is incredibly clear that
15:13
Speaker 1: not only were they acting as a foreign agent for
15:15
Speaker 1: the Chinese Communist government, but they were making millions of
15:18
Speaker 1: dollars for the Chineseist government while trying to rate America's
15:22
Speaker 1: natural resources, which also, by the way, goes completely against
15:26
Speaker 1: what they claim. They believe in this administration is against
15:30
Speaker 1: foreign I mean natural gas being used. They're against drilling
15:34
Speaker 1: for oil or gas, or against all of it. Never
15:37
Speaker 1: forget that every single bit of this they are against.
15:41
Speaker 1: Why are they against it? It's pretty simple. They want
15:45
Speaker 1: to now change the way America works. And maybe it's
15:48
Speaker 1: because of business interests. I don't know yet, but we're
15:50
Speaker 1: trying to connect these dots. More emails, by the way,
15:54
Speaker 1: show us that in order for you to succeed with
15:56
Speaker 1: future business the United States of America, what he has
15:58
Speaker 1: to The New York Times stated built influence. Based on
16:02
Speaker 1: the recently released records, that is exactly what Hunter Biden
16:06
Speaker 1: and James Biden, Joe's brother, were supposed to do for
16:09
Speaker 1: the Chinese Communists oil company CEFE. Accordingly, it appears with
16:15
Speaker 1: Hunter and James Biden, based on their family name and
16:20
Speaker 1: solely on their political influence, were agents of this Chinese
16:25
Speaker 1: Communists energy company, as both it planned roles with the
16:29
Speaker 1: Chinese Communists energy companies, investment vehicles, and engaged in efforts
16:35
Speaker 1: to seal financial deals for Yee and the Chinese energy company.
16:40
Speaker 1: They say it would ultimately benefit the Communist Chinese government.
16:46
Speaker 1: Hunter Biden knew he was working for the communists. James
16:50
Speaker 1: Biden knew he's working for the communists. Joe Biden knew
16:53
Speaker 1: that his son and brother are working for the Communists.
16:56
Speaker 1: How do we know that because he had to be
16:58
Speaker 1: involved for any of this to happen. It's impossible that
17:02
Speaker 1: they could do these deals working around them. It was
17:05
Speaker 1: one hundred percent while they were involved. There was no
17:10
Speaker 1: way for this to be to happen by going around
17:13
Speaker 1: him or without him knowing it. That's what we know.
17:18
Speaker 1: That's the part here that's very clear. Now you have
17:21
Speaker 1: to ask yourself, and you've got to step back for
17:23
Speaker 1: a second, and you got to think about this from
17:25
Speaker 1: another perspective. Can you imagine if Don Junior or Eric
17:32
Speaker 1: Trump did this? I truly believe they'd already be indicted.
17:36
Speaker 1: I truly believe they'd already be in jail. So how
17:40
Speaker 1: is it that Hunter Biden got away with this not
17:42
Speaker 1: actually registering as a foreign agent, which clearly he was
17:48
Speaker 1: right selling the access the way that he was selling
17:52
Speaker 1: the access it was. There was no hiding it by
17:56
Speaker 1: the way. I think that's something else that needs to
17:57
Speaker 1: be said. This was incredibly transparent whoever wanted to do business.
18:04
Speaker 1: This is no different than what I would also say
18:06
Speaker 1: was what happened. I mean with the Clinton's and the
18:10
Speaker 1: Clinton Foundation, right when everybody was sending in money millions
18:13
Speaker 1: and millions of dollars to the Clinton Foundation. Why were
18:16
Speaker 1: they doing it? Because you're a Secretary of State, and
18:18
Speaker 1: if you wanted to play in the Obama administration and
18:21
Speaker 1: you needed help from the State Department, you need to
18:24
Speaker 1: give money to the Clinton Foundation. If you didn't give
18:26
Speaker 1: money to the Clinton Foundation, they weren't going to talk
18:28
Speaker 1: to you. You know. You look at this computer store owner.
18:32
Speaker 1: And I mentioned this in our podcast last weekend. If
18:34
Speaker 1: you've never download our podcast, grab it. Okay, we did
18:40
Speaker 1: a story about the owner of the PC store where
18:42
Speaker 1: Hunter Biden left his laptop is now fighting back, is
18:45
Speaker 1: now suing CNN, suing Politico and others for slander. You
18:51
Speaker 1: need to hear his story because you'll understand what he's
18:55
Speaker 1: up against all because he just tried to do the
18:57
Speaker 1: right thing. He saw crimes that have clearly been commit
19:00
Speaker 1: he believed on this laptop. He did everything to go
19:03
Speaker 1: through the chain of command. He did everything to get
19:06
Speaker 1: it to the appropriate people in our government. And what
19:08
Speaker 1: did they do. They covered it up and looked the
19:10
Speaker 1: other way. It wasn't until he gave it to Rudy
19:13
Speaker 1: Giuliani after they sat on the laptop for almost two years,
19:18
Speaker 1: that finally we got headlines. And then when the headlines
19:20
Speaker 1: came out, what happened. Everybody went against him, Big tech
19:24
Speaker 1: went against him, Big tech silence. The oldest most widely
19:30
Speaker 1: circulated newspaper in the US, so Washington or excuse me,
19:33
Speaker 1: the New York Post. This man's life was destroying. He
19:37
Speaker 1: was afraid for his life that someone was going to
19:39
Speaker 1: offer him or kill him. The death threats came in
19:43
Speaker 1: twenty four to seven, all because he did what he
19:46
Speaker 1: believed was the right thing to do. Where are the questions?
19:52
Speaker 1: You know, we talked about everything that was on this
19:54
Speaker 1: laptop from hell, and now we know even more obviously
19:56
Speaker 1: of what's on this laptop from hell. If you had
20:00
Speaker 1: sound one one thousand of this on a Hunter, or
20:02
Speaker 1: on a on a Don Junior, or any of the
20:06
Speaker 1: Trump children's computer left behind, they would be already indicted
20:09
Speaker 1: in jail. So you have to ask yourself, how are
20:12
Speaker 1: they getting away with this? It's a it's a question
20:14
Speaker 1: we need to ask in order for ye Let's go
20:18
Speaker 1: back to this deal with China. Right, Chinese government comes in.
20:23
Speaker 1: Chinese government says, all right, and I'm gonna I'm gonna
20:25
Speaker 1: just gonna kind of reset this. We want to get
20:27
Speaker 1: a deal done, and we want to get this deal
20:29
Speaker 1: done with this company in Louisiana. Are what is it
20:33
Speaker 1: that's that's gonna hold us up? If we're the Chinese
20:36
Speaker 1: number one, we have this major problem with a Federal
20:38
Speaker 1: Energy Regular Regulatory Commission. Right, we got a real problem
20:43
Speaker 1: because China with a non free trade agreement country. Right,
20:48
Speaker 1: they weren't on the list, So we've got a huge
20:51
Speaker 1: problem there. That's why they hired the Biden crime family
20:54
Speaker 1: to make it all go away. An According to a
20:57
Speaker 1: report on Biden family Ferricom clients, they never as they
21:02
Speaker 1: were clearly acting as a foreign agent. They never filed
21:05
Speaker 1: as acting like a foreign agent. Never did Hunter Biden's
21:09
Speaker 1: brother or a son, which they were clearly acting as
21:13
Speaker 1: foreign agents for these companies file. The reason why is
21:18
Speaker 1: because they knew it would be too damning and they
21:20
Speaker 1: figured that no one would hold them accountable for this
21:22
Speaker 1: because they're the Biden family. This wasn't just people making
21:26
Speaker 1: phone calls. They were actually agents at the Chinese Communist
21:30
Speaker 1: Party and their vehicles. We know that from these emails.
21:34
Speaker 1: We know that Hunter's communication with this company didn't end
21:38
Speaker 1: did not end at the Monkey Island deal, right, which
21:41
Speaker 1: is the name of the company they were trying to
21:43
Speaker 1: get this deal done for in Louisiana. How do we
21:46
Speaker 1: know this because the same the same person involved in
21:50
Speaker 1: that deal emailed Hunter Biden in March twenty nineteen, urging
21:54
Speaker 1: him to help Uncle Joe run for president. Quote, you
21:59
Speaker 1: should not be distracted by random media articles. You need
22:02
Speaker 1: to help Uncle Joe run for president. Your father really
22:06
Speaker 1: should run for twenty twenty for this country, she wrote
22:09
Speaker 1: on March the fourteenth, one month before Biden announced his
22:13
Speaker 1: candidacy for presidency on April the twenty fifth of that year.
22:18
Speaker 1: The email also contains a list of reasons why Bayo
22:21
Speaker 1: thinks Joe Biden would make a better leader than the ignorant,
22:25
Speaker 1: arrogant then president Donald Trump. This is not a joke.
22:30
Speaker 1: In a section titled Uncle Joe twenty, the intermediary between
22:34
Speaker 1: Hunter and his corrupt business partners with the Chinese Communist
22:37
Speaker 1: Party Assets in China, included a litany of character traits
22:42
Speaker 1: and policy issues she believed Joe Biden is strong on,
22:45
Speaker 1: including wisdom, sensibility, leadership. In opposition to a southern border wall,
22:52
Speaker 1: when domestic oil supplies began to decline, the Biden administration
22:57
Speaker 1: appealed to foreign oil suppliers such as OPEC to open
23:01
Speaker 1: their vows to keep up with demand. In fact, just
23:04
Speaker 1: last week, on a call with Chinese President Jing, Biden
23:06
Speaker 1: asked China to release their oil reserves to stabilize rising
23:11
Speaker 1: oil costs. I wonder why the White House, by the way,
23:16
Speaker 1: has not responded for requests for comment on these new emails,
23:21
Speaker 1: and why they're now demanding that China do more with
23:24
Speaker 1: oil production instead of America. You have to ask yourself
23:29
Speaker 1: the question, why why is it just now that this
23:35
Speaker 1: is happening. I am so sick and tired of the
23:40
Speaker 1: media not doing their job and not covering this massive story.
23:46
Speaker 1: And I hope every one of you will take the
23:47
Speaker 1: data and the information I've given you and you will
23:50
Speaker 1: run with it, because people need to understand this is
23:54
Speaker 1: all in his own words on his own laptop. This
23:56
Speaker 1: isn't here say, this isn't a second hand, This isn't
23:59
Speaker 1: some sort of random accusation. This is real, all right.
24:05
Speaker 1: I want to switch gears just for a second here
24:08
Speaker 1: and talk about something that's happening that needs to be
24:11
Speaker 1: on everybody's radar screen. There is no doubt that the
24:17
Speaker 1: stock market right now is battered, and traditionally people say Hey,
24:22
Speaker 1: maybe there's some bargains out there for investors and things
24:26
Speaker 1: will just fix themselves. Now, if you look at what
24:29
Speaker 1: happened last week, it was a bloodbath. The down future
24:32
Speaker 1: is already right now, down two hundred, NASAC futures down
24:36
Speaker 1: eighty six, SMP futures down twenty seven. The US stock
24:41
Speaker 1: market tumbled this year, and it's putting an increased focus
24:44
Speaker 1: on equity valuations as investors assess whether recent discounted shares
24:49
Speaker 1: are worth buying in the face of a hawk ish FED,
24:52
Speaker 1: a reserve and widespread geopolitical uncertainty. With a benchmark SMP
24:58
Speaker 1: five next down thirteen and a half percent year today,
25:02
Speaker 1: valuations stand at their lowest levels in two years, putting
25:05
Speaker 1: the index forward to price to earnings ratio at seventeen
25:09
Speaker 1: point nine times from twenty one point seven at the
25:12
Speaker 1: end of twenty twenty one. Now, what does that actually mean.
25:16
Speaker 1: It's a great question. Joining me now to talk about
25:19
Speaker 1: where we are with this economy, because it's one that
25:21
Speaker 1: is hard to figure out is Charles thorn Grenny is
25:24
Speaker 1: the Chief executive Officer CEO of Legacy Precious Medals. Charles,
25:29
Speaker 1: I appreciate you coming on and right now this is
25:32
Speaker 1: a headache for I think every American new poll numbers
25:35
Speaker 1: out today. The new Fox News poll that came out
25:40
Speaker 1: had this in it. It said present Biden on inflation,
25:43
Speaker 1: sixty six percent of Americans disapproved, thirty nine percent of
25:47
Speaker 1: Democrats disapproved, eighty nine percent of Republicans. And the number
25:51
Speaker 1: that really is damning for Democrats seventy four percent of
25:54
Speaker 1: independent voters that they disapprove of Biden's handling of inflation.
25:58
Speaker 1: You look at what's happening in the stock market, you
26:00
Speaker 1: look at what's happening with interest rates, you look at
26:03
Speaker 1: what's happening with inflation, and there is a lot of
26:06
Speaker 1: uncertainty right now that people are seeing a combination of
26:11
Speaker 1: what happens next. So let's dive into just a general overview.
26:16
Speaker 1: How did we get to this point so quickly and
26:19
Speaker 1: just one year under Biden policies? What really got this going?
26:24
Speaker 1: Great question, Thanks for thanks for asking. It really comes
26:29
Speaker 1: down to this. We would have seen some inflation normally
26:33
Speaker 1: coming out of the pandemic, and our economy has been
26:37
Speaker 1: through some pretty significant shocks. But really what this is
26:41
Speaker 1: about is the five trillion dollars that the government decided
26:48
Speaker 1: they needed you. You have economic troubles that happened through
26:52
Speaker 1: many different factors. Like we said, you know, we went
26:55
Speaker 1: through the pandemic and people weren't working. Then they're starting
26:59
Speaker 1: to work and their part hiring. We're going to raise
27:01
Speaker 1: rates for that. The biggest indication and the biggest problem
27:05
Speaker 1: where we're dealing with right now is the expansion of
27:08
Speaker 1: the federal that balance sheet. Basically, when you come in,
27:14
Speaker 1: you need trillions of dollars flooded into that market. This
27:18
Speaker 1: is what it creates. It creates inflation, and it also
27:22
Speaker 1: creates a bad economy. And this is the thing that
27:26
Speaker 1: you see affect the stock market. This is why you
27:28
Speaker 1: see declines coming. And we're not even sure that they're
27:31
Speaker 1: done borrowing line well, and that's the part that I
27:34
Speaker 1: think people don't really understand understand here. I mean, this
27:37
Speaker 1: wild swing that has really shook the market, especially in
27:40
Speaker 1: the past week after the Fed delivered a widely expected
27:43
Speaker 1: fifty basis point rate increase, and it signals similar moves
27:47
Speaker 1: from meetings ahead as it's trying to quell the highest
27:50
Speaker 1: annual and fresher rate in forty years. I mean, this
27:52
Speaker 1: is the worst I've seen in my lifetime. I'm literally
27:54
Speaker 1: forty years old. The index has decline for five straight weeks.
27:59
Speaker 1: It's longest losing streak since mid two and eleven. And
28:05
Speaker 1: when you watch this happen, you're you're seeing people's hard
28:09
Speaker 1: earn money disappear in a very fast way, in a
28:13
Speaker 1: very quick way that people are not accustomed to. And
28:16
Speaker 1: that's why there's some people that are on the edge
28:18
Speaker 1: of retirement. I was talking to an uber driver in
28:21
Speaker 1: New York City this week when I was there hosting
28:23
Speaker 1: out Numbered on Fox, and he said he was planning
28:25
Speaker 1: on quitting, but now he thinks he's going to have
28:27
Speaker 1: to work at least two or three years to cover
28:29
Speaker 1: these losses. That's significant, absolutely, absolutely, and it'll get worse
28:36
Speaker 1: because we've just started. You know, that's one of the
28:39
Speaker 1: things that most people don't consider. When we're looking at
28:42
Speaker 1: these types of markets. You'll hear keywords from certain industries
28:46
Speaker 1: that want to not be afraid to not pay attention
28:50
Speaker 1: to your evaluations and say great buying opportunity, yes and no.
28:55
Speaker 1: You know, the last time you had this kind of
28:57
Speaker 1: a downturn into stock market, it'll almost a decade for
29:01
Speaker 1: people to recover where they were and when you're talking
29:06
Speaker 1: about your retirement. That's an awful long time to not
29:10
Speaker 1: have growth, to stay stagnant. It makes the dream of
29:16
Speaker 1: retirement pushed out even further because we need that time
29:19
Speaker 1: for our money to grow, even if it's in a
29:21
Speaker 1: small compounding rate. We lose that in a decade's a
29:25
Speaker 1: long time, and whether this one's a decade is hard
29:28
Speaker 1: to say. We've never put this much money into an
29:32
Speaker 1: economy before, especially the economy that has as many troubles
29:36
Speaker 1: as this one has. To me, it was almost an
29:38
Speaker 1: issue just flat out trying to buy votes. It was like, hey,
29:41
Speaker 1: we're freaking out, we've got an election and we need
29:44
Speaker 1: to fix this. So if we send you a bunch
29:46
Speaker 1: of money, then somehow you'll think we're doing a good
29:48
Speaker 1: job with the economy. And even though we have no
29:51
Speaker 1: idea how we're going to pay for this, it absolutely
29:55
Speaker 1: is as we saw stimulus chests going out, not even
30:00
Speaker 1: seeing this was necessary, with no you know, supervision, you know,
30:04
Speaker 1: just here's money and paying paying companies that this is
30:10
Speaker 1: kind of silly to make. You know, from an economic standpoint,
30:12
Speaker 1: it makes no sense. Companies that were viable and strong,
30:15
Speaker 1: we're getting um, you know, COVID stimulus checks even though
30:19
Speaker 1: they didn't need it. The amount of you know, they
30:22
Speaker 1: said that there was up to they think now possibly
30:24
Speaker 1: fifty percent waste and abuse of the COVID bailout funds
30:29
Speaker 1: for small businesses. Fifty percent is what they think may
30:33
Speaker 1: have just straight up been fraudently grabbed. And yeah, they're invested,
30:38
Speaker 1: they're they're investigating some of it, but that money's gone.
30:40
Speaker 1: It's not like you're going to be able to recoup it.
30:42
Speaker 1: It's like when of businesses running a Ponzi scheme. People
30:45
Speaker 1: were running the Ponzi scheme for the moment. They got
30:47
Speaker 1: the money basically by lying in illegally, but the government
30:50
Speaker 1: was so eager to send it out. There was zero
30:52
Speaker 1: checks and balances. That's why there was fifty percent of
30:55
Speaker 1: the hundreds of billions of dollars that we sent out.
30:58
Speaker 1: They're now saying was probably completely gone to fraud and
31:01
Speaker 1: abuse instantly. Absolutely, And that's their numbers. So if they're
31:05
Speaker 1: saying fifty, we know it's probably closer to seventy if
31:09
Speaker 1: you had real people looking into it. I want to
31:12
Speaker 1: move and pivot here for a moment to what people
31:15
Speaker 1: are feeling specifically right now, as they're terrified to open
31:19
Speaker 1: up those financial statements. There's a lot of people that
31:21
Speaker 1: are listening that were very close within a five ten
31:24
Speaker 1: year window of retirement and now they're saying years of
31:28
Speaker 1: earnings have evaporated, some of them maybe even being upside down.
31:31
Speaker 1: And look, the stock market was just roaring when Donald
31:35
Speaker 1: Trump was present. No one denies that, and a lot
31:38
Speaker 1: of people said, I'm not going to diversify my financial portfolio.
31:42
Speaker 1: I'm going all in and stocks, mutual funds, ETFs so
31:45
Speaker 1: that you know, all these types of things that you
31:48
Speaker 1: grab with your financial advisor. And one of the things
31:52
Speaker 1: we saw moved to the wayside because it became quote unpopular,
31:56
Speaker 1: were precious metals, which is straight up a hedge, a
32:00
Speaker 1: protection when things like this happen in your portfolio. So
32:04
Speaker 1: what has happened with precious metals while all this has
32:07
Speaker 1: been happening and all these losses have been happening on
32:09
Speaker 1: Wall Street? It's an incredible thing. Well, we've seen gold
32:14
Speaker 1: and silver, precious metals in general move up since you know,
32:18
Speaker 1: a president Biden was elected because those of us who
32:21
Speaker 1: are aware knew what was coming, right the promises he
32:24
Speaker 1: made if he kept half of them we were in trouble.
32:27
Speaker 1: So we've seen precious medals move up. And here's what
32:31
Speaker 1: you'll continue to see. You'll continue to see them move
32:33
Speaker 1: up because this is where money will float to people
32:37
Speaker 1: who know realize that we preached tillions of dollars. We have.
32:43
Speaker 1: As far as the Feds talking five more interest rates
32:46
Speaker 1: raises this year. Now that's not talking about next year.
32:50
Speaker 1: It's been talked about, and there will be interest races
32:52
Speaker 1: next year as well. This kind of inflation doesn't go
32:55
Speaker 1: away easy, and it doesn't go away fast. Charles. This
32:59
Speaker 1: week it was the first time I've gone back to
33:02
Speaker 1: New York City in almost three years. Usually I'd spend
33:06
Speaker 1: twenty five thirty trips to years to a year to
33:09
Speaker 1: New York doing TV. And I went up this week
33:12
Speaker 1: to host out Numbered, and I said to my wife,
33:15
Speaker 1: was like, all right, go with me, and because we
33:17
Speaker 1: hadn't gone forever, let's go up there. Let's, you know,
33:19
Speaker 1: see what it's like and grab a play. And then
33:22
Speaker 1: the surprise was I'm a gift giver, that's my thing,
33:25
Speaker 1: and I said. We went over to Diamond Row and
33:28
Speaker 1: I was sitting there talking to a guy that I've
33:30
Speaker 1: known for years, literally, I mean years. And we were
33:33
Speaker 1: talking about the economy and we were talking about the lockdowns, right.
33:36
Speaker 1: He was talking about how it was a ghost town
33:37
Speaker 1: when they had the total lockdowns in New York and
33:39
Speaker 1: what it did their businesses. They shut down for months,
33:41
Speaker 1: like four or five months, boarded up diamond row. No
33:44
Speaker 1: one was there, no one was on the streets. And
33:47
Speaker 1: one of the things he said that was I think
33:49
Speaker 1: really shocking, is he said. Benny said, the price of
33:52
Speaker 1: diamonds is skyrocketing right now. He said, you know, canary
33:55
Speaker 1: diamonds through the roof. He said, the mining a lot
33:58
Speaker 1: of places they've stopped mining because they can afford it
34:00
Speaker 1: right now based on the costs uh to hire people,
34:04
Speaker 1: no one wants to work. He talked about the price
34:06
Speaker 1: of you know, platinum and palladium and the price of
34:10
Speaker 1: silver and gold, and he said, this is this is
34:13
Speaker 1: getting out of control. He so we have had we've
34:16
Speaker 1: not seen these types of numbers. He said, I don't
34:19
Speaker 1: know when. Right, he goes, I don't know when was
34:23
Speaker 1: the last time I saw numbers like this, But he
34:25
Speaker 1: said it's totally affecting our business. And he said it's
34:28
Speaker 1: all because of inflation and because of the economy right now,
34:32
Speaker 1: and I think you'd probably agree absolutely. You know another
34:36
Speaker 1: thing that really is desolutely diesel. All of that money
34:42
Speaker 1: equipment requires fuel for it to operate. And these are
34:46
Speaker 1: the things you know when you when you supply of
34:52
Speaker 1: gas and diesel, everything costs more. It costs more to
34:56
Speaker 1: get it out of the ground. For the metals, it
34:58
Speaker 1: costs more to make things that cost to ship it.
35:01
Speaker 1: And then you add the economic factors on top of it.
35:04
Speaker 1: This is why you're so heavy so fast, because all
35:08
Speaker 1: things are working together. We have such a complete disaster
35:12
Speaker 1: of an economic plan going on right now that it's
35:15
Speaker 1: compounding the issue. You look at the housing market now too,
35:21
Speaker 1: and you know there's this ying and yang, and it's
35:23
Speaker 1: one of these where you go, Okay, what do you do?
35:26
Speaker 1: Do you buy a house now even though they're all
35:29
Speaker 1: time high prices because the interest rates are still historically
35:32
Speaker 1: low and next year, yeah, the price may come down,
35:35
Speaker 1: but the interest rate may end up being what kills you.
35:38
Speaker 1: You combine that with what we're seeing now with hyperinflation,
35:41
Speaker 1: and you see what the Fed's doing. It's pretty clear
35:44
Speaker 1: that much higher interest rates and what we have right now,
35:46
Speaker 1: I mean, go back to I think it was January.
35:48
Speaker 1: We're at three to eleven. Now we're well over five
35:50
Speaker 1: on a thirty year loan, and there's no end in
35:52
Speaker 1: sight for this stopping either. No. I think we get
35:56
Speaker 1: back as far as the inflationary numbers and the interest
36:00
Speaker 1: numbers that we had back in the ages, and some
36:02
Speaker 1: people will get their house and they we'll be paying
36:04
Speaker 1: twelve and thirteen percent. That's just you know, it's what
36:08
Speaker 1: happened then. And I think that's what you're going to see.
36:12
Speaker 1: That's where this is taking us. And it's not that
36:14
Speaker 1: big an elite from where we're at now. And this
36:17
Speaker 1: is the true dilemma. You know, when you start looking
36:20
Speaker 1: and saying where do I invest? You know it is
36:23
Speaker 1: real estate right now? Well, gosh, it's tough to say,
36:26
Speaker 1: because unfortunately, we do know that as people purchase things,
36:31
Speaker 1: they focus on their monthly payment, not the actual value
36:35
Speaker 1: of the property or the home that they're getting. And
36:37
Speaker 1: if we have interest rates go up, they can't shut
36:40
Speaker 1: down that home market. Housing prices have to come down.
36:44
Speaker 1: So do you buy now like you said, and get
36:47
Speaker 1: a cheaper interest rate and just say I'm in it
36:49
Speaker 1: for the long haul. You'll wait hopefully you have enough
36:52
Speaker 1: to have to finance us and the housing prices come down.
36:56
Speaker 1: But then housing prices come down as the other dilemma.
36:59
Speaker 1: You know, so many will count on their home as
37:02
Speaker 1: part of their retirement strategy. Yeah, it's supposed to be
37:06
Speaker 1: your number one asset. It's supposed to be going up, right,
37:09
Speaker 1: It's supposed to be something and over the thirty years
37:11
Speaker 1: you own it or twenty that you're gonna make money.
37:14
Speaker 1: But if the housing market crashes and the interest rates
37:16
Speaker 1: go back up, now you're upside down in two ways. Absolutely.
37:20
Speaker 1: Hand at tenty nine less housing crash, when we saw
37:23
Speaker 1: banks taking up all the poverty and then create fake
37:25
Speaker 1: companies to rent them out again, those are houses that
37:28
Speaker 1: will never make it back to the market when we
37:30
Speaker 1: do recover. Yeah. Last question one that has well inventory.
37:35
Speaker 1: Last question for you, you go back to diversification of
37:38
Speaker 1: a portfolio. Now, I think it's now more important than ever.
37:41
Speaker 1: That's one of the things that you guys focus on
37:44
Speaker 1: so much at Legacy Precious Metals. Is it time for
37:48
Speaker 1: people to take a deep, serious look at their retirement
37:51
Speaker 1: portfolio and see if they are truly diversified. If you're
37:54
Speaker 1: if you're afraid to open up that envelope right that
37:57
Speaker 1: comes to the mail with your statement. Does that mean
37:59
Speaker 1: it's time to take a second look. If you're afraid
38:04
Speaker 1: to open it, that means you need to call right
38:05
Speaker 1: away and everyone should be looking. You know, if you
38:11
Speaker 1: have fear, we have to remove the fear. That's not
38:15
Speaker 1: a retirement plan being afraid. We want to look at
38:19
Speaker 1: that and say, Okay, how do we make this a
38:21
Speaker 1: positive thing for you? How do we set up a
38:23
Speaker 1: plan to where you know and you are comfortable and
38:26
Speaker 1: we can remove that fear and get your protected. That's
38:29
Speaker 1: what we do, and that's what Precious Metals are going
38:31
Speaker 1: to do. All the other investment options they're in trouble
38:35
Speaker 1: with this cycle that we've seen. Equities are in trouble.
38:38
Speaker 1: We've seen that and we haven't seen the worst yet. Yeah,
38:42
Speaker 1: I'll tell you this, I never I've been making changes
38:45
Speaker 1: recently because of what's been happening, and I hope other
38:48
Speaker 1: people will do the same. Look at what you're doing.
38:51
Speaker 1: You can reach out to you guys, Charles as the CEO.
38:54
Speaker 1: You guys are a great job at Legacy. I appreciate
38:56
Speaker 1: your time and coming on. You can grab online at
38:59
Speaker 1: Legacy PM Investments dot com. Legacy PM Investments dot com.
39:03
Speaker 1: You also call them and get their free guide on
39:06
Speaker 1: precious medals. You can call them one eight sixty six
39:10
Speaker 1: four seven three sixty two O four one eight six
39:13
Speaker 1: six four seven three sixty two oh four or online
39:16
Speaker 1: at Legacy PM Investments all right. Lastly, please make sure
39:21
Speaker 1: you hit that subscribe button or auto download button wherever
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