What this hour covers
- The quote, and why it is the best description of this market all year
- The dot-com crash called a blip, and the analysis that says the next one is four times bigger
- What you do with the window in between
Full transcript
Welcome to the Gold Hour. I'm Alan Johnson, and I'm going to start off with a question. Let me ask you something. Have you ever seen one of those old cartoons where the character runs straight off the edge of a clip, and he just keeps on running. You see his legs spinning completely unaware because he's not looked down yet. The ground is already gone. He has just not been told. Well, I want you to hold that picture in your mind for the next hour. Because a respected market analyst named Jesse Blder wrote something this week that stopped me cold. But before I say this, I just want to say thank you to everybody out there that's been listening to me.
This weekend, I finally have made it. I'm like, "Clight now I'm going to go syndicate it, and I'll be syndicated throughout the nation starting Friday night." Very excited about it. Over 100 different stations out there picking me up. So thank you for those of you that have been listening to me for so long, and again, I'll be out there this weekend. Now, I want you to hold that picture I was just talking about in your mind. Because this market analyst, Jesse Blder, wrote something this week that stopped me cold. And he said, and I quote, "The machine is already broken. It simply has not been told yet." "The machine is already broken.
It simply has not been told yet." That is where we are right now. That is the single best description of this economy and this market that I have read all year. And today, by the way, I'm live. I'm not recorded. I'm live right now. I'm going to show you exactly why he said it. Piece by piece, story by story, and number by number. Now, this isn't to scare you. This is to prepare you. Because there's a window of time. Let's call it borrowed time between when the machine breaks and when everybody finds out. By the way, if any time during this show, you want to give me a call, feel free to call me anytime, 833-57-G-O-L-D on your phone, 833-57-G-O-L-D.
Now, like I said, this isn't to scare you. It's to prepare you. Call it borrowed time between when the machine breaks and when everybody finds out. And what you do during that window determines everything. So let's get into it. Let me start with the comparison that puts everything into perspective. Most of you remember the .com crash. That was the year 2000. The NASDAQ lost nearly 80% of its value. Retirement accounts were cut in half or worse. People five years from retirement, they suddenly had to work another decade. That crash wiped out $5 trillion in wealth. $5 trillion. At the time, it was one of the worst financial disasters in American history.
Well, a new analysis out this week looked back at the $5 trillion catastrophe and called it something remarkable, a new analyst. He called it a blip. A BLIP. Because according to this analyst, the next financial crisis could hit four times harder. Four times the .com crash. That's $20 trillion in potential losses. Now, why would it be so much bigger this time you're wondering? Because everything is bigger this time. You've got a bigger market. The market's bigger. The debt is bigger. The leverage is bigger. The concentration is bigger. In 2000, the bubble was mostly contained to internet stocks. Today, the AI bet runs through the entire economy.
It runs through pension funds. It runs through private credit, through the data centers, through the power grid itself. And the same warning signs that flashed in 2000? Well, they're flashing again right now. Only louder. When $5 trillion gets called a blip, you know what may be coming is very historic. Now, some of you may know the name Robert Kiyosaki. He wrote the book called "Best-Selling Book," and by the way, Rich Dad Poor Dad, one of the best-selling financial books of all time. There were tens of millions of copies that were sold and they continue to sell. This is a man who was taught more everyday Americans about money than almost anyone alive.
And this week, Kiyosaki issued a warning in the strongest language I've ever heard him use. He says the everything bubble is about to pop. And when it does, he's calling it the worst crash in history. Now, what does he mean by the everything bubble? He means exactly what it sounds like. It's not just stocks that are inflated. It's stocks and real estate and credit and crypto, all at record valuations, all at the same time. In 2000, the bubble was tech stocks. In 2008, the bubble was housing. Today, it's the everything bubble at once. And when everything is a bubble, then there's nowhere inside the system to hide. And that word inside is the key because Kiyosaki's answer for decades has been to own what he calls God's money, real gold, real silver assets that sit outside the system entirely.
Now, I want you to hold that thought because we're going to come back to it. I want to tell you about a man named Mike. And by the way, this this story comes from a story published this week. And it went all over. And I promise you, Mike is going to sound familiar. That's why I want to share this story with you. Mike retired at 63 years old. He has a healthy nest egg of $850,000 on and on paper. You know, Mike should feel secure about that. He did everything right. He saved. He planned. He retired carefully. But here is what Mike's life actually looks like. And this might sound familiar to some of you out there. He opens up his retirement account app.
How many? Five times a day. Five times a day watching the balance tick up and then down with every move in the market. And every dip sparks the same anxious questions. What if I run out? What if this is not enough? Well, Mike has $850,000 and his money is keeping him up at night. Now, here is what I want you to understand about Mike. Mike's problem is not the size of his nest egg. $850,000 is real money. Mike did the hard part. He saved it. Mike's problem is that 100% of it lives inside a system that swings every single day. Every dollar he has is tied to the market. Every dollar exposed to the AI bubble. Every dollar writing on the everything bubble that Kiyosaki says is about to pop.
So nothing is solid. Nothing fixed. Nothing that just sits there and holds its value no matter what. This is what why Mike checks his app five times a day. Deep down, he knows nothing under his feet is solid. And folks, this is where gold changes lives, not just financially, but emotionally. Gold does not tick up and down with the NASDAQ every afternoon. Gold does not care about earnings season season. Gold has never been worth zero in 5,000 years of human history. The portion of your wealth that is in physical gold is the portion you do not check 5 times a day. Gold is the part of the portfolio that lets you close the app and go about and enjoy your retirement.
Now, let me shift from Mike who has savings and still worries to the other side of this country. There was an exclusive new poll that came out this week and the findings is staggering. Now listen to this, half of Americans are still struggling to afford groceries and cash, a gas. Groceries and gas, half, not the bottom 10%, not a small struggling group on the margins, half the country struggling to buy food and fuel. The two most basic necessities of American life, in the richest nation in the history of the world and half of American to not afford comfortably groceries and gas, let that sink in. And this confirms something the Federal Reserve's own meeting minutes admitted recently.
And the Fed noted that lower and middle income households are increasingly relying on their credit cards. You know, I wasn't going to say this isn't even in my writings, but two days ago I did something that I'd never done before, and I was at the grocery store. And there was a guy, he must have been in his 70s, early 80s, and he was trying to use his credit cards. I was watching it. It took out one, the cashier had run it through the machine. It didn't work. It took out the second one. It got down to four cards. It was his last one, the American Express, and it didn't work. And I said, how much is it? And the guy gave me the number and I said, I'll go ahead.
It wasn't a lot. It was like $9 and something he had water and he had some other stuff, some fruit, different stuff. And I said, I'll just take care of it. And the guy said to me, well, I'm going to cry all the way home. The point I'm making is just to cover gasoline and groceries, credit cards at over 20% interest, while at the same time higher income households are doing just fine, because they own stocks that keep hitting these record highs. Do you see the picture for me and what I'm talking about here, Wall Street at record highs, half of Main Street putting food on credit cards, some of them can't even get it on the credit cards as they're so over over their limits, like this old man was this older guy.
Thank God I was there to help him. The stock market, telling you, oh, everything is wonderful. Everything's beautiful. The grocery store telling you something is deeply wrong. When the market and the kitchen table, tell two different stories, believe the kitchen table, believe in the kitchen table, because the kitchen table is reality. And expectations, as you're about to hear, have never been more stretched. Now, let me show you just how stretched this market really is. CNBC mainstream CNBC, not some doom and gloom newsletter, published this analysis this week about something called the PE spread now stay with me.
I'm going to make this simple for you. A PE ratio compares a stock price, a stock price to the company's earnings. And there are two ways you measure it. One is called trailing. Trailing is based on profits companies actually earned. And then also one is called forward, which is based on profits Wall Street expects them to earn the next year. Well, right now, the gap between those two numbers is one of the widest ever recorded in history. And CNBC said the quiet part out loud. The spread is rarely this wide, except that market extremes like the year 2000. The last time expectations were stretched this far was right before the dot com crash.
I can't talk enough about this dot com crash, because that's where I feel we're headed. And it's not just me, other analysts are like myself are all saying the same thing. And here's what the gap actually means in plain English. Wall Street is betting that corporate profits are about to explode upward that this parabolic move is going to happen in earnings and profits like we've never seen before. Today's prices only make sense if that miracle actually arrives. If earnings come in merely good, not spectacular, just good, then the market is badly overpriced and has to come down. Perfection is priced in anything less than perfection, then gravity takes over.
Now, here is where the timing gets very interesting. Some of you may know the name Jim Rickards. His resume is unlike anyone else in finance. He was an advisor to the United States Treasury to the Federal Reserve, the White House, the Pentagon, and the CIA, what a resume, where he helped build financial threat detection systems. And here's why people listen to Jim Rickards. In 2006, two full years before the Lehman Brothers collapsed, he warned US intelligent officials that a financial crisis was coming. His warning was circulated among senior CIA staff. He called it before almost anyone. So the man warned the CIA about 2008 and 2006, two years before it even happened.
I'm doing the same thing about this dot com. So what is Rickards saying right now? Well, he's pointing at the AI boom. Same thing. His words listen to this, the scale of AI spending has created a tangled web of partnerships, financing deals, and business dependencies that could become a serious problem if the AI boom starts to crack. So everything connected to everything. Just like we saw in 2008, when nobody realized how connected the housing bets were until they all fell together. Jim Rickards is seeing it. I'm seeing it. Kawasaki is seeing it. A lot of us are all seeing it. And Rickards is pointing to a specific window of time.
Listen to this, late July, some I've heard say 24th. Well, today is July of 15 late July, because that, let me tell you why he's pointing to that, and it makes all sense because that is when several of the companies driving the AI rally. Have to report their earnings and give critical updates. Report their earnings and give critical updates. Remember what we just talked about. The market is priced for a parabolic miracle in earnings, parabolic or miracle in earnings. And in the last two weeks of July, the biggest companies in the world step up to the microphone and tell us whether that miracle is real. The market is priced for perfection, and the report cards arrive in late July.
And that brings me to the magnificent seven. Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla. Seven companies that now make up roughly a third of the entire S&P 500. A new analysis out this week carried a blunt headline. Listen to this. The stock market cannot afford another MAG 7 meltdown. That's what this analyst says. A stock market cannot afford another MAG 7 meltdown. Because these seven companies are the market now. When they rise, the market rises. When they fall, everything falls with them. But here's the part of that analysis that most people will miss. A MAG 7 collapse would not just hurt stock prices.
It would tip the entire economy into a recession. Now think about why. These companies are spending hundreds of billions of billions of dollars building AI data centers. And that spending is going to construction jobs, electrical work, steel, concrete power plants. It's become one of the biggest engines of economic growth in America. And we know from the last show that elite treasury report recently confirmed it. They said AI related companies account for 95% of corporate capital spending since the bull market began. So if the MAG 7 stumble, if earnings disappoint, and they pull back on their spending, then the construction stops.
The orders stop and the hiring stops. So a Wall Street problem becomes a Main Street problem almost overnight. 7 companies holding up the market and the economy at the same time. That's never ever happened before in American history. And folks, just as I was putting this show together for this week, the news broke. This happened by the way yesterday. That proves everything that we've been talking about today. IBM, big blue, a 114 year old American icon, one of the bluest of the blue chip stocks. A company that your parents trusted, a company pension funds have held for generations. IBM crashed nearly 25% in a single day.
It's worst day since the black market crash of 1987. 39 years. That's how far back you have to go to find today this bad for IBM. A blue chip American icon just had its worst day in nearly four decades and almost nobody saw it coming. Now here's the part that should stop you cold. Why did it happen? Well, IBM's own chief executive explained it like this. In the final weeks of June, IBM's clients roughly shifted their spending away from software. Towards servers, storage, memory chips, racing to lock in AI hardware before the prices climbed even higher. His words, we did not anticipate the magnitude of this re-prioritization.
Numerous large deals fell to close. Now think about what that actually means. The AI boom is now so distorted, so all consuming that companies are cannibalizing their own software budgets just so they can buy AI hardware. The AI bet is not just inflating one corner of the market. It's eating the rest of the economy alive. The AI boom is not lifting all boats anymore. It's actually swallowing them up. And that damage did not stop with IBM. That the fear spread across the entire software sector in a single session. Workday fell 10%. Service now fell 8%. Salesforce fell 6%. And even mighty Microsoft dropped 3%. And Goldman Sachs told its clients this plays directly into what they call the software bear case.
The software bear case. And one Wall Street analyst said the quiet part out loud. This perpetuates the fear of AI losers. AI losers. Let that phrase sink in. Wall Street is now openly sorting companies into AI winners and AI losers. And a 114 year old Titan of American business just got thrown into the loser pile. And one single trading day. Remember what Jesse Felder told us. The machine is already broken. It simply has not been told yet. Well, IBM just got told. The question is who gets told next. Now let me give you one more warning sign that the sharpest observers are watching. Some of you may remember Bear Stearns.
It was March of 2008. This giant investment bank. And it collapsed almost overnight. And everyone in Washington and on Wall Street. They all rushed to the cameras to say the same thing. Here's what they said. It's contained. It's an isolated problem. Don't even worry about it. Do not worry. And what happened? Six months later, Lehman Brothers fell. And what happened? The entire global financial system nearly collapsed. The point I'm making, Bear Stearns was not contained. Bear Stearns was the first domino. Why am I telling you this? Because analyst Peter Atwater, a man who I follow who studies how confidence actually moves markets.
He just drew that exact comparison to something happening right now. And he is watching Michael Saylor, the businessman whose company borrowed billions upon billions of dollars to buy Bitcoin. One of the most leveraged bets in modern financial history. What I wrote. Like the collapse of Bear Stearns, Saylor's demise has the potential to be both the result of falling confidence and a contributor to a further decline. In translation, if that leveraged empire cracks, it does not fall alone. It drags confidence down with it. Now, I'm not predicting when this is going to happen and neither is Atwater. But when serious analysts start invoking Bear Stearns, history says you should pay attention.
Now, everything that we covered so far is about the markets machine. But I would be doing you a disservice if I did not show you the other broken machine. And that is our own government's machine. The United States national debt has now exceeded 100% of GDP. Let me put that in plain English. GDP is everything that America produces in a year. Meaning every product and every service. Every dollar of economic activity. The entire output of the most powerful economy on earth. And we now owe more than all of that combined. We owe more than we actually make. Sound familiar? This is our nation. This is as a nation. So for the first time, this is for the first time since World War II.
We owe more than what we make as a nation. And think about that comparison for a moment. In World War II, we borrowed that much money to defeat Hitler. To save the free world. And after the whole, after that war, the whole country sacrificed together to pay it back. Today we hit those same debt levels with no war on survival. No national emergency requiring it. Just decades of spending more than we take in year after year under both parties. And unlike after World War II, there is no plan to pay it back. Now, here's what history says about countries. Countries that cross this line. Greece crossed it. And what happened?
Their economy shrank 25%. Their unemployment hit 27%. Their pensions were completely cut. Their banks, the doors closed. People actually had to stand in line at ATMs hoping to get their money out. And Argentina crossed it as well. Their currency collapsed. Their inflation hit triple digits. Their lifetime savings were just wiped out overnight. Now, I'm not saying America is Greece. It's not Greece. And America is not Argentina. We are the largest economy in the world and the dollar is still. As of right now, the reserve currency. But financial gravity does not check your passport. Financial gravity works the same on everyone eventually.
And look, look at the mechanics of where we are. For every dollar the government brings in, it spends roughly $1.30, $1.30. The interest payments on the debt are eating a bigger share of the budget every year. And we're approaching that point where we borrow money just to pay the interest on the money that we already borrowed. So this is not a budget problem anymore. That is a debt spiral. And history is crystal clear about how governments state debt spirals. They don't cut their way out. They do not grow their way out. They inflate their way out. And even I was listening to the war yesterday in front of Congress.
I even wrote it down. They said we print money. And that's what I'm talking about. They inflate their way out. They print their money. They print money. They make every dollar become worth less. That's one of their tools. They have the praying press, he said. That's exactly what he said. So the debt now becomes easier to repay and cheaper dollars. But who pays the price for that? We do. The savers, the retirees, the people who did everything right and trusted the system to honor its promises. Debt at 100% GDP is not a statistic. It's a plan to quietly inflate your savings away. Now, some of you think about, and the Federal Reserve says they're going to fight inflation.
The new chairman, Kevin Walsh, talks tough and I believe he means it. Well, here's the truth. Nobody in Washington wants to say out loud. The Fed cannot fight inflation. Not really, not because Wars is not smart or not because he doesn't want to. It's because the math will not allow it. Follow me here. The Treasury is issuing roughly $2 trillion in new debt every single year. And the international buyers who used to line up for American debt, they're all stepping back. They don't want any part of it. In one recent week alone, the government sold $743 billion of Treasury securities. And to move that much paper, you know what they had to do?
They had to pay the highest yields in years. The 30-year bond went off at over 5%, which is the highest auction held since 2007. And even at those rates when inflation is running over 4%, the real return after inflation is still negative. It's negative. So even lending to the United States government at the best rate since 2007, point on making here is you still lose purchasing power. So I have a question. Think about this. If the world will not buy all that debt, who's going to buy it? Who buys it? Let me tell you. Just like Wars said, the Federal Reserve has tools by creating new money. Pretty more money, and pretty money to buy government debt is a very definition of inflation.
So whether he likes it or not, he's trapped. Wars is trapped. Fight in inflation with one hand, and he's forced to create it with the other. You cannot fight a fire while pouring gasoline on it. It just doesn't work. And that is the Fed's position right now. And don't take my word for the history here. In the late 1970s, the last time inflation raged like this, it took Fed Chairman Paul Volcker raising interest rates to 20% to break it. 20% mortgages became unaffordable, businesses could not even borrow. The economy went through this brutal recession. And that was the price of killing inflation when the debt was so small.
And today, with debt over 100% of GDP, rates at 20% would be catastrophic. The interest payments alone would swallow the budget. Like I said, whether he likes it or not, he cannot do what Volcker did. The debt is too big, and the system could not survive it, which means inflation stays longer than they emit and higher than they promise one more piece of the broken machine. Now, let me explain something that every one of you have felt everybody fills it, but very few have ever explained to you, honestly. Maybe you earn more than your parents did, or maybe your kids earn more than you did at their age. And yet, the life, the previous generation bill, meaning the house, maybe you got the house, maybe you're living in the house, maybe you're living in the house with your parents.
The house, the savings, the sense of getting ahead just fills further, further, further in a way than ever. And those of you that are in that position, you're not imagining it. Something really is broken. Here's how it actually works. When the Fed creates new money and holds interest rates artificially low, that new money does not reach everyone equally. It first flows into assets, like stocks, real estate, investment portfolios. So the people who already own those things, they're the ones that get richer automatically. And everyone's still trying to buy their first home. The ones that are still trying to build their retirement.
Just watch as that finish line move further and further away from them. The measuring stick keeps changing and that is why doing everything right no longer feels like it's enough. And I hate to say it, but here's the cruelest part. The transfer of wealth never announces itself. There is no line item on your pastel. That says purchasing power erosion. Nobody gets the vote on it and no politician takes credit for it. It just happens quietly in the background while you're asleep at night. While the press conference tells you how strong the economy is. The home ownership rate for Americans under 35 is near historic lows right now.
The share of young adults living with their parents is near historic highs. And retirement savings for the average worker? Dangerously thin. Listen, Americans did not get lazier. They're running a race where the finish line keeps moving and I will say it again. This is not a left problem or a right problem. Both parties spent. Both parties borrowed. Both parties leaned on the fed to make it painless. The bill just gets handed to you, to the savers. You know, all of this reminds me of a woman I'll call Eleanor. She's 72 years old. She lives outside of Phoenix. She taught elementary school for 31 years, third grade, thousands of kids learned to read in her classroom.
And Eleanor and her late husband, they did everything. They did everything right. They did the way they were supposed to. They paid off the house, saved in the retirement plan, never carried a credit card balance in their lives. And Eleanor told me something here just recently that I've not been able to stop thinking about. And she said, Alan, my husband and I used to feel like we had one that we made it, we were secure. And she said, now look at my statements. And when I look at my statements, I feel like the rules have changed and the after the game was over. And the rules changed after the game was over. I cannot say it better than Eleanor did because the rules changed after the game was over.
Because that's exactly what quiet inflation does. And that's exactly what a broken machine does. It doesn't knock on your door and take anything. It just slowly changes what your dollars per word. After you're already earned them, after you've already saved them, after you've already played the game by the rules, Eleanor did not do anything wrong and neither have you, but the rules have changed. And the people who recognize that during the borrowed time are the ones who protect what they won. So let me get practical because we're closing getting close here. Because information without action is just anxiety. And I never want this show to leave you feeling helpless.
And here's what smart people do with borrowed time. First, they do not panic because panic is the enemy of good decisions. The people who panic sell at the bottom and buy at the top. The window we're in right now is a gift, but only to people thinking clearly. So stay calm, think clearly and act deliberately. Second, they take an honest inventory of what they've got. Ask yourself the question that Mike should have asked before he started checking his app five times a day. How much of what I own depends on the machine working. Ask yourself that. How much depends on the mag seven, hitting miracle earnings, miracle earnings.
How much depends on Washington managing its debt responsibly. How much depends on the Fed doing something that the math says it cannot do. For most Americans, the honest answer is almost everything. And if everything you own needs the machine to work, you do not have a portfolio. You have a bet. Third, they move a portion to solid ground, not everything. Nobody serious sells everything at all, all at one time. A portion, the portion that lets you sleep, the portion that does not care what the NASDAQ did today. The portion that has held value through every broken machine in history. And that is what the central banks are doing with their thousand tons a year.
They're not selling everything. They're building a foundation of gold underneath everything else. Do what the smartest money in the world is doing. Build your foundation before the storm hits. So let's take a step back and look at the whole picture. A new analyst says the next crisis could hit four times harder than the dot com crash. Robert Kiyosaki says the everything bubble is about to pop. Half of America is struggling to afford groceries and gas. The market is priced for a miracle in earnings with a PE spread at level seen in 2000, last seen in 2000. A former CIA advisor who called 2008 is pointing at late July, a couple of weeks from now, as the moment of truth for the AI trade.
Listen to that one. Seven companies are carrying the market and the economy on their back. And serious analysts are invoking bear sterns, which brings us back to Jesse Felder. Felder described it this way. There is a window call it borrowed time between the moment things start breaking underneath and the moment the headline numbers turn negative. During that window, ladies and gentlemen, everything looks fine. The markets up the headlines are calm. The experts on television are all reassuring. And the machine is already broken. It just simply has not been told yet. We're living in the borrowed time window right now.
Remember our cartoon character, late spinning off the edge of a cliff. The question is not whether he looks down. Eventually everyone looks down. The question is, what did you do before that moment? Because here's the truth about borrowed time. It's a gift. If you use it, the people who moved a portion of their wealth to safety in 2006 and 2007 before bear stern before Lehman Brothers came through 2008 just turned out just fine. The people who waited until everyone knew had no good options left borrowed time rewards the prepared and punishes the passive. So what are the smartest players in the world doing with this borrowed time?
They're not waiting. The central banks of the world have been buying gold at a pace of 1,000 tons a year for four straight years. Double the pace of the decade before. The United States dollar share of global reserves has fallen from nearly 59% in 2000 to just under 40% today. And gold share has more than doubled from 11% to nearly 25%. The institutions that manage the world's money are just quietly trading dollars for gold. Those same institutions managing the world's money are just trading it for gold dollars. And look at what gold has done throughout every broken machine in modern history. In the 1970s when inflation raged at 15% gold went from $35 an ounce to over 800 by 1980.
That's more than 2,000%. Let's not forget 2008 when the machine broke and everyone was finally told gold held its ground while stocks lost half their value. Then it climbed from $800 to nearly $1900 by 2011 nearly tripled while the economy was still on its knees. Now let me tell you my favorite gold story of all 11 years ago. Listen to this. The Wall Street Journal published a piece mocking us gold owners. They called gold and I quote nothing more than a pet rock. A pet rock. The most prestigious financial newspaper in America sneering at everyday people like me who chose to hold real money. Well, let's go back and check the scoreboard now.
Since that pet rock article was published, the purchasing power of the United States dollar has declined by 75%. Measure that against gold. Think about that, 75% the pet rock didn't change the dollar collapsed around it. And they thought they were mocking us gold owners. Instead, they left us a landmark of how wrong the mainstream can be. As one analyst put it this week, we should thank them for their service and we should all buy more gold. And that pet rock story teaches the deepest truth about gold there is. And here it is. I want you to really hear this. The gold price is not actually changing. An ounce of gold is simply an ounce of gold the same ounce today as a thousand years ago.
What changes is the amount of paper currency it takes to acquire it. In 2015, it took $1,100 to buy one ounce of gold. By 2020, that same ounce took $2,000 today. That same ounce takes $4,000. So the gold never changed. The dollars got weaker. Gold is the measuring stick. The dollar is what's shrinking. And with government debt now expanding with everything we've talked about today, ask yourself honestly. Why would you doubt that by 2030 that the same ounce takes $8,000? Not because gold doubled because the gold the dollar got cut in half again. And don't forget about silver. Gold protects silver protects and can amplify both belong in a very serious plan right now.
Now think back to Mike $850,000 checking his app five times a day. The portion of your savings and physical gold and silver is the portion that does not swing with the NASDAQ. The portion no earnings report can touch the portion that has never in all of human history been worth nothing. Real diversification is not owning 50 different stocks. It's owning something outside the system entirely. So here's what I want you to take with you. The machine is already broken. It simply has not been told yet. And that means that you're living in the window of the borrowed time. The stretch where everything still looks fine and the choices you make actually matter.
You cannot control what the MAG 7 report in July. You cannot control the everything bubble. You cannot control Washington or the Fed. But you can control what your savings are made of. Use the borrowed time. Don't waste it. I'm the owner. I found this company, Heritage Gold Partners. I built this company from the ground up because I believe everyday Americans deserve the better, better prices, better service. And somebody that they can actually trust. When you call me, you're going to get me. You're not going to get a call center. You're not going to get somebody to listen to you and then pass you on to someone else.
You get me personally. And if anything that you heard today. Raised questions. If you want to talk through what it means for your savings or your retirement. Reach out to me directly at 833-577 gold. 833-577 gold. Or visit heritagegoldpartners.gold. Or even email me at hello@heritagegoldpartners.gold. And I will personally make sure you get the honest answers you deserve. And before we go, let's not forget our gold American Buffalo giveaway. Give it away. A one ounce gold American Buffalo coin to celebrate America's 250th anniversary. I'm so proud of it. And here's how you enter. You send an email to contest@heritagegoldpartners.gold.
That is contest@heritagegoldpartners.gold. Include today's special word. And today's word is heritage. H-E-R-I-T-A-G-E. Because that's what this is all about. The heritage of this great country 250 years strong. And the heritage that you're building. The one you passed down to your children and your grandchildren. That is what we protect. And along with the word. Tell me in 250 words or less. What does financial freedom mean to you? One winner is going to be drawn at the end of July. One ounce of gold. It's a beautiful American Buffalo coin, .999. It's real gold. It's real value. I think right now they're valued at around 4,300.
Again, that's contest@heritagegoldpartners.gold. The word is heritage. And before I go. Or I let you go. One last thought. And remember, this weekend, and those of you I know, I'll definitely let you know I'm going to be on over 100 different radio stations this week. I'm so excited. I'm going syndicated. That's something I've always wanted. But remember that cartoon character that we started talking about. In the early beginning of the show. His legs are spinning off the edge of the cliff. The ground already gone beneath him. Here's the thing about that character. He never gets a warning. Nobody tells him. He just looks down one day and grab does the rest.
You, you are different. You just spent an hour looking down. You have seen where the ground is. You know what the machine looks like underneath. You got the warning most people never get. Now what you do with it. That part is up to you. I'm Alan Johnson. This has been the gold hour. Hug the people you love tonight. Protect the things that you work so hard for. And never ever let anyone tell you that the whole story is too much for you to handle. You can handle it. You just did. God bless you. God bless your family. God bless America. Here you go. See you this week.