The GREAT TAKING: "Buy Gold and BURY IT" - Chris Martenson w/ Mike Maloney

GoldSilver (w/ Mike Maloney)
13 Jun 202422:25

Summary

TLDRIn this thought-provoking interview, Mike Maloney and Chris Martinson discuss the precarious state of the financial system and the importance of personal control over assets. They delve into the implications of 'The Great Taking', a book by David Webb, which reveals how financial institutions have rigged the system to their advantage, leaving investors potentially vulnerable. The conversation emphasizes the value of tangible assets like gold and the need for individuals to secure their wealth through direct ownership and prudent strategies, especially in the face of increasing global uncertainty.

Takeaways

  • 😢 The interview discusses the idea that financial systems and assets other than physical gold can be at risk and less controllable.
  • 🌐 Mike Maloney and Chris Martinson talk about the current state of the world, including the pandemic revealing underlying issues and a perceived increase in visible evil.
  • πŸ“š Chris Martinson has been researching the implications of 'The Great Taking', a book by David Webb, which outlines how financial laws have been manipulated to favor large brokerages in times of crisis.
  • 🏦 It is suggested that the financial system is rigged to ensure that big financial institutions are protected at the expense of individual investors during a crisis.
  • πŸ“‰ There is a concern that people's investments in stocks, bonds, ETFs, and funds are actually IOUs, with the institutions having first claim on the assets.
  • πŸ€” Chris Martinson expresses difficulty in finding transparency in the actual ownership of shares, suggesting a lack of accountability and potential risk for investors.
  • 🏑 Both speakers advocate for personal measures to protect wealth, such as investing in tangible assets like gold or farmland, as a hedge against systemic risks.
  • 🌳 The conversation highlights the importance of self-sufficiency, including owning farmland and growing one's own food, as a means of safeguarding against potential societal and economic collapse.
  • 🚨 There is a warning about the potential for escalating global conflicts, such as the situation with NATO and Russia, and the danger this poses to world stability.
  • πŸ“ˆ Mike Maloney mentions his investment in Tesla shares and the decision to take physical delivery of stock certificates due to concerns about the security of digital holdings.
  • πŸ”’ The interview emphasizes the theme of control, suggesting that true security comes from direct ownership and possession, as opposed to digital or indirect claims on assets.

Q & A

  • What is the main concern expressed by Mike Maloney and Chris Martinson in the interview?

    -The main concern expressed by Mike and Chris is the loss of control over personal wealth and assets due to the changing financial systems and regulations that favor large institutions over individual investors.

  • What does Chris Martinson suggest as a way to maintain full control of one's money?

    -Chris suggests buying gold and burying it in the backyard as a way to maintain full control of one's money, as it is a tangible asset not subject to digital or institutional manipulation.

  • What is the 'Great Taking' referred to in the conversation?

    -The 'Great Taking' refers to the book by David Webb, which discusses how financial regulations have been changed to protect large financial institutions at the expense of individual investors in the event of a crisis.

  • How does Mike Maloney describe the current state of the world in relation to the concept of evil?

    -Mike describes the current state of the world as one where evil is having a 'field day,' wrecking things left and right, and that the pandemic has unveiled or revealed a lot of the existing evil.

  • What is the significance of the Tesla shares in the context of this discussion?

    -The Tesla shares are used as an example to illustrate the concept of indirect ownership and the lack of transparency in the current financial system, where investors may not actually own the assets they believe they do.

  • What is the role of the DTCC in the discussion about financial ownership?

    -The DTCC (Depository Trust & Clearing Corporation) is mentioned as an entity that holds book entries for shares, which contributes to the indirect holding system and the lack of transparency regarding actual asset ownership.

  • What is the connection between the financial system and the concept of bail-ins as discussed by Chris Martinson?

    -Chris Martinson connects the financial system to bail-ins by explaining that, in the event of a bank's insolvency, the bank can take money from customers' accounts, which is similar to how financial regulations protect institutions over individuals.

  • What is the purpose of the webinar mentioned in the script?

    -The purpose of the webinar is to educate people on different strategies to safeguard their wealth and provide more control over their financial assets in an increasingly uncertain and rigged system.

  • How does Chris Martinson view the current state of the legal system in the US?

    -Chris Martinson views the current state of the legal system in the US with skepticism, stating that his faith in the justice system is at an all-time low due to the influence of lobbyists and the lack of moral integrity in Congress.

  • What advice does Chris Martinson give regarding living in cities in the current climate?

    -Chris Martinson advises against living in cities, suggesting that people should have a plan B and consider moving out of urban areas to safer environments, especially given the increasing violence and instability.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
Financial ControlWealth ProtectionCrisis InvestingPandemic ImpactEconomic AnalysisGold InvestmentDerivatives RiskLegal SystemCommunity BuildingSelf-Sufficiency