Episode 4720: It's Time To End Mail In Voting; Fighting Back For Food Security

Summary

Bannon’s War Room Episode 4720: It’s Time To End Mail-In Voting; Fighting Back For Food Security

Date: August 20, 2025
Host: Stephen K. Bannon
Notable Guests: Senator Mike Lee, Steve Cortez, Philip Patrick, Eduardo Bolsonaro, Gary Brecka, Taj (Warpath Coffee)

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Overview

This episode of Bannon's War Room focuses on two main themes: pushing for the end of mail-in voting in the U.S., and exposing corruption and security failures in America's food system and financial institutions. Key discussions include Senator Mike Lee’s call to eliminate mail-in ballots, economic insecurity concerning the U.S. dollar, the BRICS movement’s threat to dollar hegemony, updates on Brazil’s political turmoil, and the ongoing fight for food security led by advocates like Bobby Kennedy.

Throughout, the tone is urgent and combative, with a recurring emphasis on system corruption, lack of institutional trust, and mobilizing the base to take action.

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Key Discussion Points & Insights

1. The Case Against Mail-In Voting

Segment: [00:30]–[12:02]
Speakers: Stephen K. Bannon (A), Senator Mike Lee (C)

• Utah’s Experience:

  • Senator Lee explains Utah has had universal mail-in voting long before COVID, claiming they do it “better than most states,” but insists inherent risks remain ([02:17]):

    “You don’t just print out millions of ballots and send them out like feathers in the wind into the US Mail system. There are too many potential points of failure.” – Mike Lee [02:38]

  • Lee concludes it must end even in Utah due to unmitigated risks of manipulation and loss of chain of custody.

• Rationale and Political History:

  • Bannon questions how a state grounded in “self-reliance” embraced mail-in voting. Lee cites Republicans’ hope to gain legislative seats at the time, but argues that any benefit is outweighed by integrity concerns ([04:48]):

    “Any gain there… is more than offset by the diminution in voter integrity…” – Mike Lee [05:00]

• Federal Push and Trump’s Role:

  • Lee credits President Trump’s public opposition as a motivator for state lawmakers; calls for executive action to back state efforts ([06:29]):

    “President Trump’s vocal advocacy on this has been very effective.” – Mike Lee [06:49]

• Senate Appointments and Institutional Resistance:

  • Lee details gridlock in confirming Trump’s appointments and the need for genuine Senate recesses for executive appointments, doubting bipartisan cooperation ([10:54]):

    “I think it is exceptionally unlikely… I don’t think they’re going to play ball…” – Mike Lee [10:54]

Notable Quote:

“If there’s ever been a time that we need to be refocused on… bolstering the integrity, actual and perceived integrity of our voting systems, it’s right now.” – Mike Lee [03:14]

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2. Economic Anxiety, Inflation, and the Dollar

Segment: [12:02]–[26:52]
Speakers: Steve Cortez (B), Stephen K. Bannon (A), Philip Patrick (F)

• Interest Rates & Inflation:

  • Steve Cortez agrees with the Fed’s stance against cutting interest rates to avoid further eroding the dollar ([12:55]):

    “…if rates are going to be cut, it must be coincident with a very significant campaign to back up the dollar… We have to try to defend the dollar because part of the erosion of buying power… is a currency issue.” – Steve Cortez [13:17]

  • Cites polling data showing 48% of women and independents in Georgia give the administration a “D or F” for inflation.

• Fed Corruption & Need for Reform:

  • Cortez blasts the Federal Reserve for corruption, citing front-running scandals and lack of media scrutiny:

    “We need accountability and transparency from the Fed. This is one of the most important institutions in American life, and yet they operate completely in the shadows.” – Steve Cortez [17:47]

  • Bannon adds:

    “…like the French aristocracy right before the French Revolution… The Federal Reserve… learn[s] nothing and forget[s] nothing.” – Bannon [19:04]

• Foreign Threats to the Dollar – The BRICS Challenge:

  • Bannon and Patrick discuss the July BRICS summit in Rio, warning of a shift away from the U.S. dollar as the world’s reserve currency (“Rio Reset”):

    “BRICS nations push forward… global demand for US Dollars will decrease bringing down the value of the dollar in your savings.” – Bannon [14:51]

• Gold as a Haven:

  • Philip Patrick contextualizes gold’s current price surge as a function of global instability, central bank buying, and limitations of fiat currency:

    “There is no ceiling on its price when money breaks… Gold will go as high as currency goes low.” – Philip Patrick [23:15]

  • Predicts $4,000/oz gold within six to eight months per investment banks [23:51].

Notable Quote:

“Don’t look at gold’s price. Look at the fundamentals driving gold. They are strengthening every single day.” – Philip Patrick [24:43]

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3. Brazil’s Political Crisis and U.S. Response

Segment: [30:22]–[35:22]
Speakers: Eduardo Bolsonaro (E), Stephen K. Bannon (A)

• Sanctions & Judicial Tyranny:

  • Eduardo Bolsonaro credits Trump’s administration with exerting financial pressure against Brazil’s Supreme Court for persecuting Jair Bolsonaro and supporters ([30:22]).
  • U.S. sanctions (via the Magnitsky Act) create a dilemma for Brazilian banks: follow the Supreme Court or face exclusion from U.S. financial markets ([32:26]).

  “You cannot survive as a bank without access to the greatest financial market in the world, which is in the United States.” – Eduardo Bolsonaro [32:12]

  • Eduardo calls for more effective enforcement of sanctions and passage of an “Amnesty Bill” to restore political rights and ensure participation in future elections ([33:09]).

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4. The Fight for Food Security and Health Reform

Segment: [36:19]–[45:26]
Speakers: Gary Brecka (D), Stephen K. Bannon (A)

• Corruption in Food Policy:

  • Brecka details corporate and lobbying influence over U.S. nutritional research and food policy ([36:19]).
  • Blasts legislative moves to immunize chemical companies (referencing House Bill 453 granting liability protection for companies like Chem China, Bayer for glyphosate/paraquat).

• Support for Bobby Kennedy’s Movement:

  • Clarifies media spin around a leaked MAHA report, asserting Kennedy has not caved to industry lobbyists ([39:19]):

    “Do not believe the spin about what came out… Don’t believe that there’s any daylight between President Trump and Bobby Kennedy.” – Gary Brecka [39:19]

  • Insists the movement is gaining momentum as public awareness grows:

    “Somebody has to ask the question: how is it that we spend $5 trillion… and we are the sickest, fattest, most disease-ridden nation in the world?” – Gary Brecka [41:41]

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Additional Segments

Warpath Coffee: Veteran-Owned Business Spotlight

Segment: [47:04]–[51:51]

• Bannon spotlights Warpath Coffee, founded by a Navy SEAL veteran. Emphasizes premium quality and American-made ethos.

  “This is the champagne of coffees… made to be consumed as coffee is meant to be consumed.” – Bannon [50:03]

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Notable Quotes & Timestamps

• Mail-in Voting Integrity:

  “You’ve got chain of custody problems that amplify themselves exponentially the minute you put it into the hands of the U.S. postal system.” – Mike Lee [02:52]

• The Fed as a Power Center:

  “We need small bankers, farmers, small business owners, enough of these corrupt academics…” – Steve Cortez [18:33]

• Gold’s Role Amidst Currency Devaluation:

  “Gold is a reflection of currency. Ultimately, gold will go as high as currency goes low.” – Philip Patrick [23:17]

• Food Policy Corruption:

  “74% of our nutritional research is funded by Big Food and Big Pharma… This is how you get a pyramid that says Lucky Charms is more nutritious than grass-fed steak.” – Gary Brecka [36:32]

• Bobby Kennedy’s Fight:

  “The only way to stop this movement would be to drive a wedge between the White House and Health and Human Services or between Bobby Kennedy and Donald Trump. And it’s just simply not going to happen.” – Gary Brecka [39:25]

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Timestamps for Key Segments

• Mail-In Voting Discussion: [00:30]–[12:02]
• Economic Crisis, Dollar, Fed, BRICS: [12:02]–[26:52]
• Brazil Political Update: [30:22]–[35:22]
• Food Security and MAHA Movement: [36:19]–[45:26]
• Warpath Coffee Feature: [47:04]–[51:51]

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Concluding Notes

This episode weaves together concerns about electoral security, financial stability, and public health into a narrative of elite corruption versus populist reform. Guests urge listeners to remain vigilant, engaged, and to distrust official narratives in favor of direct action and community-based solutions, whether voting reform, economic hedging with gold, or supporting independent food and health initiatives.

The war room, as ever, positions itself as a command center for grassroots mobilization against perceived institutional decay, with Bannon and his guests maintaining an impassioned and combative tone throughout.

Transcript

[A]

This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Reasons I got a free shot on all these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen.

[B]

And where do people like that go.

[A]

To share the big lie?

[B]

MAGA MEDIA I wish in my soul.

[A]

I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved. War ROOM here's your host, Stephen K. Band. It's Wednesday the 20th of August, year of our Lord 2025. Thank you for being here for the second hour of the morning edition. We're also going to be on fire in the afternoon edition. We got so much far as a day, we can't even wedge it all in. I've got Philip Patrick, I got Steve Cortez. I'm going to get back to Steve Cortez in a moment and bring in Philip Patrick after, just after. We've got Senator Mike Lee by phone and I need to take Sergeant Lee because this goes back to my open about 2026 and beyond. Senator MIKE Lee, thank you. And it's so great to have you here because we always look to you to help us out with the Constitution and the constitutionality of things. This whole, the, the, the three aspects of everything that's going on. One, the president calling for a mid decade census that's done right, done correctly, done of illegal aliens, but also doesn't have all the problems that the, the Commerce Department had last time. Also the redistricting fight. And folks, I think we're getting very close to a vote in Texas, but it's not good enough. We need a Texas 10, not the 5 that was originally there because the Democrats try to be cute. There's more seats down there. We have to be maximalist. Number three is this thing about mail in ballots. And so Senator Lee, I know you've got a thread and you're very focused on this, correct me if I'm wrong, is the great state of Utah is that 100% mail in ballots like Colorado or you guys just use mail in ballots a lot?

[C]

Sir no, we've been using universal mail in voting and for a long time. In fact, we adopted it significantly before COVID In some respects, one could argue that Utah does it better than other states. Nonetheless, the risks remain and the risks have proven themselves to be inherent in the nature of mail in balloting. Look, you don't just print out millions of ballots and send them out like feathers in the wind into the US Mail system. There are too many potential points of failure. And so even if you're a state like Utah, that probably does mail in balloting better than others. That doesn't mean that what is safer than other states today will remain safer tomorrow. Nor does it mean that it's adequately safe even for today, simply because of the fact that you've got chain of custody problems that amplify themselves exponentially the minute you put it into the hands of the U.S. postal system. The U.S. postal system is good for what it's good for, but it's not a good way to vote. And I think we need to end it in Utah and across the country. And I've written on that extensively over the last few days on X on my Base Mike Lee account because I feel passionately about this. I think there is way too much room for manipulation. And if there's ever been a time that we need to be refocused on sort of bolstering the integrity, actual and perceived integrity of our voting systems, it's right now.

[A]

Why did you know you could understand the crazies in Oregon and not the eastern part, not the eastern part of Washington, but the Seattle, Portland crowd you can understand in the takeover, the blue takeover of Colorado. Because in Colorado there was a plan of these radical LGBTQ plus billionaires to take Colorado and turn it from, you know, a western state with those kind of western values of self reliance into a blue state, purple first, then blue. You can understand, you can understand why some of these states have gone this. Why did Utah do. I mean Utah's like the epitome of American values. Self reliance, self determination. You do things the classic old fashioned American way. How did Utah of all places even get into the mail in ballot business?

[C]

My understanding is that a decision was made at the time based at least in part on the belief by many Republicans that it would help enhance our ability to win more state legislative seats for Republicans in the state of Utah. Now, I don't know whether the statistics actually bear that out or not, but regardless of whether they do, I think any gain there, any actual or perceived gain there is more than offset by the diminution in voter integrity, in the security and safety reliability of our voting systems, or the ability of our voting systems to be resilient as against attempts to engage in voting fraud. So regardless of what those motivations might have been and what the merits might have been at the time, I think the time has come for us to change. And that's why I'm calling on our legislature in Utah and legislatures across the country to do the same.

[A]

So how are. How are you going to lead that effort? You know, it's interesting. The founders, given that the post office was such a major institution at the founding of the republic, you know, didn't come out for this. So today it's like, why are we doing this? Particularly in a system that's so open to manipulation and corruption? How do you expect to get this done in Utah? And then how do you expect to take this? What President Trump wants to. He's going to have a very tough executive order I know they're working on right now. What would you like to see in that executive order to help you on your crusade to get it shut down everywhere in the country?

[C]

Well, first and foremost, anything coming out of the White House in the form of an executive order or otherwise, I think can be very helpful to us, especially insofar as it emphasizes problems that the administration has uncovered, ways in which these things have been abused and manipulated. I can't speak to what they intend to actually do in the executive order. I just haven't been read in on any of that. I really don't know what they have in mind, but I know that President Trump has led the way, and I think President Trump's vocal advocacy on this has been very effective. I know they've got, because of the messages coming from the White House and from President Trump himself, we've got lawmakers who are much more interested in this as a result of his direct involvement. So the more of that we can get, the better off we're going to be.

[A]

Before I let you go, Senator Lee, you led the effort, the great effort to support President Trump for recess, a true recess and a recess appointment. It's pretty obvious to anyone associated with the administration is that given the lack of manpower we've had on these billets just to get in, and I'm even Talking about the U.S. attorneys, I'm talking about just to staff these billets in the executive branch, that it's not just people working overtime. Things are falling through the crack for the simple reason. We just don't have the manpower President Trump needs. Is there any update at all you can give us on when we can expect? I understand they may change some rules on the margin, but the bottom line, I believe, is that at some point in time we're going to have to have John Thunan, the leadership, the McConnell backed leadership of the Senate, have President Trump's back here and have some sort of true recess. We can get recess appointments. Any update at all on anything you've been while we're on this quote, unquote, non recess recess.

[C]

Yeah. Look, there are members of the Senate who demanded when we left that as soon as we come back into session, either the first or second week of September, we're back in session, that we will be considering some possible rules changes that would help expedite that. Now, I want to be optimistic about that. Keep in mind, an actual rules change takes 67 votes. You can adopt what's called a standing order, which can have the same effect as a rules change, then that takes 60 votes. So either of those options would require more than a simple majority and it would require the support of at least some Democrats. If we can do that, such that we can really expedite a lot of President Trump's nominees. Because this isn't just a matter of human resources, of manpower, as you say, it's also having the right political appointees who are installed and confirmed and can act with the legitimacy, the imprimatur of Senate confirmation approval within their respective agencies. Look, if we can get that done, that'd be great. Frankly, right now I'm not holding my breath, which is why I advocated for us to either stay in session until we clean the backlog.

[A]

Hang on. Alternatively, that if we actually recess, that we take a real recess. All the Democrats, all the Democrats right now in the Senate are looking at Gavin Newsom getting some traction because he's trying to mimic and trying to mimic President Trump. Given 30 September, the timing on all this madness related to the minibus, the maxibus, you know, omnibus appropriations, all that madness, that the clock's gonna be ticking, right? With only 10 or 15 days, do you actually think that the Senate could come? I mean, the fight for 60 or 67 votes would be historic right now, would it not, sir? Because they're in a position, they don't want to cooperate with Trump. This is why the recess appointment is so important. They, they don't want to cooperate with Trump on anything. And their voters are howling. Right? You can't even have a town hall because these crazy people will show up shouting people down. Do you honestly, do you actually think because you're a guy that's a safe pair of hands, you actually think we could get the Senate to agree on anything that would be a win for.

[C]

Trump, Sir, I think it is exceptionally unlikely. The reason there may be some sliver of hope there, there may be some institutionalists among the Senate Democrats who might say, look, if it's going to be between this and a larger slew of recess appointments, then maybe we ought to play ball. I don't think they're going to play ball, which is why I think we've got to do what I think we should have done in August, which is either stay in session until they're all done or if we must, take a recess, actually recess and recess in a way that allows the president to exercise his power under Article 2 of the Constitution to fill those vacancies during a recess of the Senate.

[A]

Senator Mike Lee, where do people go? Your threads, amazing. I know you putting up stuff all the time. Where do people go to get to your social media to find out more about what you're thinking?

[C]

Sir, you can follow my thinking on this on x @based Mikely.

[A]

And it is quite based. It's a, it's a, it's a great Twitter feed. Senator Lee, thank you for taking time off to join us today in the war room. Explain this. Appreciate you.

[C]

Thanks so much, Steve. Take care.

[A]

Thank you, brother. Steve Cortez, I've got Philip Patrick with us and actually in a short while, Eduardo Bolsonaro. And you know, a lot of this is coming out of the BRICS nations and led by Lula, Walk me through again, the defense of the dollar, because I know we got all kind of economic problems here, but go back to your coming out of you're in Jackson Hole, right, Even as we speak. And I know the president's anticipating some acknowledgement of a rate cut. I'm not so sure that's coming because I think pound these guys are dug in. By the way, what are you what's your thinking on the rate cut? Where do you come down? Are you part of this group that says they've miscalculated where real natural interest rates should be and that there should be a rate cut? Sir?

[B]

Well, listen, I am of course no fan of Powell or for that matter, the Fed on the whole. However, in this case, I think they're actually correct. When you look at what's going on with the dollar, when you look at what's going on with grocery prices, I think cutting rates right now is dangerous. If rates are going to be cut, I'll tell you this, it must be coincided, it must be coincident with a very significant campaign to back up the dollar that is I think absolutely paramount. That is an imperative if rates are going to come down. We have to try to defend the dollar because part of the erosion of buying power of regular Americans. A big reason why they continue to tell us in polling that they have tremendous economic anxiety even though they don't know it. It's, it's a currency issue. It's because their buying power is eroding, because the dollar is eroding. So I think this is absolutely key. And again, this is not my opinion. I mean just look at the levels. Look at Bitcoin, look at gold, look at even the Euro currency. For all the prices problems of Europe, your currency is having a great year against the US Dollar. That is not consequence free. And it's again to translate back to politics and polling. It's why half of Americans give an, give A or an F grade to the administration on inflation right now. And that's in Georgia. That's, that's in a state that is leaning Republican. But when we asked them to give a letter grade, 48% of women, 48% of independents tell us they give a D or an F to the administration. Administration. And that women number is very important by the way, because they are generally the CFOs of the household. They tend to do more shopping, they pay the bills. So they are the accounts, they're the CFOs. And in that regard, you know, their view is particularly important here. Now, you know, having said all that, Steve, look, the Fed is utterly corrupt. And one of the things I'm trying to talk to here in Jackson Hole, I'm trying to talk to as many reporters as I can because most of the media folks are already here, is will you please give some real scrutiny to the Fed? I mean the fact that a Fed governor is likely to be imminently indicted, the fact that the last vice chairman of the Fed, Richard Clarida, that he had to resign because he was front running during the COVID panic, he was front running the Fed with multimillion dollar trades. I got hardly any attention from the corporate media. I mean, give them some.

[A]

Steve. Hang on, hang on, hang on one second. Short break. Philip Packard is going to join us this July. There is a global summit of BRICS nations in Rio de Janeiro. The bloc of emerging superpowers including China, Russia, India and Persia are meeting with the goal of displacing the United States dollar as the global currency. They're calling this the Rio Reset. As BRICS nations push forward with their plans, global demand for US Dollars will decrease bringing down the value of the dollar in your savings. While this transition won't not happen overnight, but trust me, it's going to start in Rio. The real reset in July marks a pivotal moment when BRICS objectives move decisively from a theoretical possibility towards inevitable reality. Learn if diversifying your savings into gold is right for you. Birch Gold Group can help you move your hard earned savings into a tax sheltered IRA and precious metals. Claim your free info kit on gold by texting my name Bannon. That's B A N N O N to 989-898 with an A plus rating with the Better Business Bureau and tens of thousands of happy customers led Birch Gold army with a free no obligation info kit on owning gold before July and the Rio reset. Text Bannon B A N N O N 298-9898 do it today. That's the Rio reset. Text Bannon at 989-898 and do it today. America's Voice Family Are you on Getter yet? No.

[D]

What are you waiting for?

[A]

It's free, it's uncensored, and it's where all the biggest voices in conservative media are speaking out. Download the Getter app right now. It's totally free. It's where I put up exclusively all of my content 24 hours a day. Want to know what Steve Bannon's thinking? Go to Getter. That's right.

[E]

You can follow all of your favorites.

[A]

Steve Bannon, Charlie Kirk, Jack Posobi and so many more.

[B]

Download the Getter app now.

[A]

Sign up for free and be part of the movement. Okay, welcome back. Steve Cortez, Touch points, your films, your documentaries, polling, all of it. You're going to be at Jackson Hole. We'll be checking in with you every day as you as you corral the media in information warfare and get them focused on what's particularly the corruption of the Fed. I mean this is a huge deal. President Trump put down a true social as we were coming on air this morning, I guess we were finished up our pre production for the morning war room and demanded that the governor of the Federal Reserve, Lisa Cook, step down immediately because she's about to be imminently indicted for mortgage fraud. That's lovely. So make sure your voice is heard there. Where do people go to follow you, sir?

[B]

Yes, so go to CortezInvestigates.com, cortez with an S at the end. All of my documentaries, this article, my most recent article on the economy and polling and I certainly will be posting more about the Fed and yeah, that's it. I think this is even the bigger point than what the Fed should do with interest rates right now, is we need accountability and transparency from the Fed. This is one of the most important institutions in American life, and yet they operate completely in the shadows and there's almost no media scrutiny of them, despite a lot of really malicious, awful and even criminal behavior. Again, reminder, the vice chairman of the Fed, the last vice chairman, was trading in massive amounts front running decisions of the Fed during the COVID panic. Now we have a sitting Fed governor who looks imminently to be indicted for mortgage fraud. This is a thoroughly corrupt institution. It should be audited. There should be tons of scrutiny. And I think the entire board should be replaced. We need small bankers, farmers, small business owners, enough of these corrupt academics, enough People with PhDs from MIT and Columbia University who have gotten almost everything wrong for decades. So if not eliminate the Fed, at least seriously reform the Fed. And part of what I'm doing here in Jackson Hole is trying to encourage these media folks. And it's not easy, Steve, you know that. They're stubborn as hell, but I'm trying to encourage these media folks to actually be China.

[A]

Like, hang on, it's not that. Here's the thing, most of these reporters are all English majors, so they really don't understand it. So what? To get access in inside baseball, they give them scoops, but they gotta take the party line. That's what the Fed's like. They call it the temple, right? It's like what happens in there is kind of is like magic. No, it's not that. And look, I'm an in the Fed guy. I'm an Andrew Jackson populist. We don't need a central bank. And I think it's only proven to destroy the value of the currency and it's crushed working class people. Hell, they bailed out everybody after 2008 on the working people in this country. And it's in the minutes of the Federal Reserve. That's why the book Lords of Easy Money is so shocking. You actually read, oh, by the way, their minutes are not available for a decade. They put them in the National Archives. You can't even read it for a decade after the thing's corrupt and incompetent. If you're corrupt on your game, maybe you can look over the corruption, right? Like, but if you're corrupt and incompetent, it's like the French aristocracy right before the, the French Revolution, right? They, they learn nothing. The Bourbons learn nothing and they forgot nothing. That's the Federal Reserve, Steve Cortez, thank you. We'll check back in in Jackson Hole as you're out there. Thank you, sir.

[B]

Thank you, brother. Appreciate it.

[A]

So we got a counter thing about defendant Dow. So Philip Patrick Gold's been on fire for the last year. The dollar. There's all kind of questions about the dollar right now. Eduardo Bolsonaro is going to join us here in a little while. You know, he'll tell you they're trying to put his father's on trial. They're going to put him away forever with his corrupt judge and try to have him assassinated in prison because Lula's never going to turn over Brazil because Lula's in bed with the ccp. And as you reported from when you went down and did the best reporting from Rio, it's all about these. It's everything's de dollarization. They just don't want to say it because they understand President Trump will come down on him with another 50% tariff. So given that, and I hear this from a lot of people, that gold is at, you know, what, 3,400 bucks around, it fluctuates a little bit. How are people supposed to think about this when Steve Cortez said, hey, look, it was part of the math here and my phone's already blowing up from people, particularly people on fixed incomes that are saying, hey, look, I'm feeling that decline in the value of the dollar, so what are people to do here and to think through this entire mess, sir?

[F]

Look, I think you just got to understand a little bit about gold. So gold's been performing very well, as we've seen since I've come on the show. It's just been going up and up and up. Obviously a coincidence, but I'm hearing from people, are gold prices too high? And the answer, I think is absolutely not. You've just got to start looking at it in the right way. So first of all, for some historical context, where we are today with gold prices 33, 42 and some change, this is essentially where we were in the 1980s, right? 1980, January, after the stagflationary bout of the 70s, gold peaked at around $850 an ounce. If we adjust that to inflation today, that sits at around 3,300. So this isn't new territory in terms of prices. We have to remember a few differences from the 1980s and today. Right back in the 1980s, there were options, money in the bank. CDs were paying 16%. You could beat inflation sitting in the bank. Those options just don't exist today. We also have to look at gold in terms of an asset class. This is a commodity that isn't like oil or wheat, right? Look at with most commodities, high prices will kill demand or boost supply or they're going to do both, right? And then ultimately they're consumed or used up. Gold is very different. Supply barely grows. It's 1% a year regardless of what happens to price, right? So price is set by those who are willing to sell, not by new supply. So it's a very unique commodity in that respect. And then here's the big ones. Who's buying gold today in central banks, as we've talked for the last three and a half years, setting consecutive records. But people have to understand one thing about gold. There is no ceiling on its price when money breaks, right? We talk a lot about the dollar devaluation of the dollar de dollarization. Kenneth Rogoff said this back in 2016. He said gold has no limit to its price. And he's absolutely, absolutely right. Look at Weimar Germany, right? An ounce of gold before World War I was 170 marks. Ten years later, after, after a hyperinflationary bout, 87 trillion marks it took to buy one ounce of gold, right? So gold is a reflection of currency. And ultimately gold will go as high as currency goes low. And what history has shown us is there is no bottom for currency. So when we talk about dollar devaluation and why people should buy gold, this is exactly why. Look at investment banks now scrambling to up their predictions. Goldman Sachs, Citigroup, UBS, bank of America, all say over $4,000 within the next six to eight months. So this is a market, I think, that will continue to move. And I'll go back to what you say, don't look at gold's price. Look at the fundamentals driving gold. They are strengthening every single day. Steve.

[A]

That'S what we're trying to do with the end of the dollar empire. Just go then. It's been four years, and I hate to be so blunt, but we've called this from the very beginning. And if you go back and look at the chapters and we tried to build this up so you understand, really back to the beginning of the country. We go back to the foundation, we go back how big currency was, how big tariffs, the whole thing, all economic economics were such a part of the founding of the nation. So much part really of the revolution. That's never really talked about, number one. Most historians just don't understand it. Currency itself was a hot political topic. This was the rise of not just Jackson and the populace about. He wanted to get rid of the bank of the United States at the time, but later, William Jennings Bryan, remember, don't nail me to a cross of gold. The whole thing of currency, greenbacks, how we finance the Civil War, it's fascinating, but it's important to your life today to understand it. That's what we try to do. End of the dollar Empire Promo code Bannon Birch Gold. Promo code Bannon. You get it. We got seven free installments. Finlip and I are working on a bunch of stuff now. We got an eighth and a ninth in process. We're also going to come up with a physical copy after Labor Day. We'll tell you about it. And more importantly, we're going to do some other very special things that we're working on right now. And we'll talk to you about. Philip, before I let you go, one of the things President Trump, you know, he's whipping votes on big beautiful bill. They didn't give him a recess. So he doesn't have his staff, you know, the people in the second and third tier, people that you need to actually make things happen. He's cleaned up Washington, D.C. i think, in 72 hours during the process of it. So many things going on. And now he's, you know, doing the negotiation for peace in Ukraine the same time they're coming back to him on the Gaza situation. I mean, the guy's got. Any one of these problems would have broken a previous president. One thing I'm most concerned about is I don't think the House and the Senate and other surrogates are doing enough to go out and sell the big, beautiful bill in the supply side part of it. Give me a minute on that. We got about 90 seconds. Give me a minute on that. About, about just the process of selling the big beautiful bill to the American people, the details of it.

[F]

Look, I think people need to understand that austerity is not going to do the job here. The only way to, to do this is to grow the economy and to do it at a rapid pace. I agree with, with Malpas. I mean, the bill is absolutely important. We need a good environment for growth. I think it's why the Federal Reserve do have to lower rates a little bit. I was torn listening to Malpass and Cortez because I understand both sides of it. But what we need right now is an injection of growth. We need to do it fast. President Trump has done an incredible job. Even I've been surprised with the amount of revenue he's he's generated through tariffs, but also the amount of investment he's attracted to the United States. But we need to push his bill forward. At the end of the day, as you say, he's dealing with so many issues. I don't think there's many people on the face of this earth that could balance that. We got to trust President Trump. We've got to let him do what he does best and try and put some rocket fuel on this economy because it needs it badly. Now.

[A]

Take your phone out and text Bannon B A N N Owen at 989-898. You get your free access to the ultimate guide which is totally free of investing in gold and precious metals in the age of Trump. And you get to Philip Patrick and Team Philip. I know it's early out where you are. Thank you so much for joining us. Look forward to seeing you talking about the Fed maybe later in the week. Philip Patrick of Birch Gold Short commercial break Back in a moment. Hey, I realize you got many choices when it comes to who you choose for your cell phone service, and there are new ones popping up all the time. But here's the truth. There's only one that boldly stands in the gap for every American that believes that freedom is worth fighting for, and that's the team at Patriot Mobile. For more than 12 years, Patriot Mobile has been on the front lines of fighting for our God given rights and freedoms while also providing exceptional nationwide cell phone service with access to all three of the main networks. Don't just take my word for it. Ask the hundreds of thousands of Americans who've made the switch are now supporting causes they believe in. Simply by joining Patriot Mobile. Switching is easier than ever. Activate in minutes from the comfort of your own home. Keep your number, keep your phone or upgrade. Patriot Mobile's all US Based support team is standing by to take care of you. Call 978 Patriot today or go to patriotmobile.com Bannon that's patriotmobile.com Bannon use the promo code Bannon for a free month of service. That's patriotmobile.com bannon or call 972 Patriot and make the switch today. Here's your host, Stephen K. Bannon. Like I said, I want to thank the team over at Birch. Make sure if you haven't got The End of the Dollar Empire birchgold.com, promo code Bannon Endothedollar Empire Totally Free. Get you up to speed, nomenclature process, all of it. You need to Understand that. Particularly our next guest, Eduardo Bolsonaro. Eduardo, thank you. Since Lula is trying to lead the de dollarization effort because he hates the United States, he's a Marxist, he's in business with and a partner of the Chinese Communist Party. I might say a junior partner of the Chinese Communist Party. Eduardo, big announcement coming out of state the other day. Walk us through the latest of where the sanctions are. How the United States the standoff between the United States and these demons in your home country of Brazil.

[E]

Sir, first we have to thank a lot President Trump. He's the greatest leader ever in the history of humanity, in my opinion. And he started to giving some pressure in the financial system of Brazil with the 50% tariffs and clearly saying that this is not only because commercial trade issues, but also because Brazil is leaving a huge institutional crisis. And the Brazilian establishment is answering that. Sending Jerry Bolsonaro, for example, beginning Alexandra Moraes, this crazy justice from the Supreme Court, imposing him an ankle bracelet. And in the end of this day, Trump took eight visas of the 11 justices of the Brazilian Supreme Court. And then Alexandre Moraes, doubling down again, sent Bolsonaro to house arrest. And Trump sanctioned Alexandra Moraes with OFAX sanctions. So now we are in a point where a partner of Alexandra Moraes inside of the Brazilian Supreme Court is deciding, is saying that the Brazilian banks should not follow the OFAC sanctions. What they did not understand that the Magnitsky Global act is not an American law that United States pretended to enforce in other countries is only a law saying that, okay, if you are a bank and you want to have access to the financial market of United States, you have to accomplish with the OFAC list of sanctioned. And then you have Alexandri Moraes. So the banks of Brazil nowadays, they have to decide in following the Supreme Court or following the OFAC sanction list. And I do believe that they do not have other options and they have to follow the Magnitsky Global act law because otherwise they are going to bankrupt. Because you cannot survive as a bank without access to the greatest financial market in the world, which it is in the United States.

[A]

Is there anything, is there anything else we can do except cutting off all imports from Brazil? I mean, what's the. What. Are there any other steps that President Trump, Secretary Scott Bessant, who you met, I put your picture up on, on my, my social media Rubio, because people understand President Trump is very focused on this. Scott Bessant's very focused on the fact when Scott, Secretary Besant, our old colleague, met with Eduardo, he Canceled the meetings with the Finance Minister. Rubio is all over this. You have many people that are all over this. Is there anything else for our audience to be thinking about that can still be done to assist your father in the people in Brazil we love so much?

[E]

Yes. First the press in Brazil. They were saying that the Brazilians are not applying correctly. I mean, the banks are not applying correctly, the Global Magnesium act, which means that Alexandre Moraes, he sanctioned, but he is still holding some banking accounts in Brazil. And so this is the first asking that we did for Secretary Scott Bassett to properly inform or enforce the global magnificent act against Alexandri de Moraes. And now that I have other justice in the Supreme Court supporting Alexandri, he also can be sanctioned because through the American law of the Global Magnetic act, it says that doesn't matter who work in support of the sanctioned. This person is also going to be sanctioned. So this is other point. And we are increasing the pressure to accomplish with the letter of President Trump to President Lula da Silva, which in the first paragrapher talks about the law firm and the persecution against Jerry Bolsonaro, my father, our family and our supporters. So to answer that, we need to approve what we have in the Congress we call the Amnesty Bill is a pardon coming from the Congress. And we do need that not only to release Jerry Bolsonaro from jail and to let me go back to my country, Brazil, but also to have a full participation of the opposition in the next year election.

[A]

Yep. Okay, we're gonna be all over that. Eduardo, your social media. How do people keep up with you? We're all over the Amnesty Bill. We'll have you back on next week to go through it. Where do people go on social media to keep up minute by minute on this great fight for freedom in the great nation of Brazil.

[E]

Sir, you can go through Bolsonaro sp reminding you Americans that we, Alexander de Mora is blocked Rumble in Brazil. So we do not have Rumble in Brazil, but now other social medias. I am Bolsonaro sp. Thank you. Thank you very much for this opportunity against Steve. You are doing a great work in favor of the freedom in Brazil.

[A]

Eduardo, the audience loves you, your family, the nation, the Bolsonaro movement down there. It's incredible. This is a fight that everybody's engaged in. So thank you so much, sir. Want to thank Secretary of Treasury Scott Besant. Want to thank Secretary of State Marco Rubio that made this a priority. Also want to thank the great Vince Haley over the Mexican Policy Council. Vince Haley, a great man working nonstop over There also Darren Beatty over at State. Just an incredible team. Quite controversial. The Make America Healthy Again movement in maga. If we're combined, nothing can beat us. Gary Abreka joins us now from MAHA Action. Gary, explain this audience, this leak of the MAHA report, what's going on because our audience is quite dedicated. We love Bobby Kennedy, we love what he's trying to accomplish. We just had the guys on last week about the mRNA, but there's some controversy about this leaked report. Where do we stand? You know better than anybody, where do we stand with this?

[D]

Well, I mean, you have to look at the traction that Bobby's had so far. I mean, you're, you're uprooting decades of deep state corruption. You know, the corruption in our nutritional supply, the corruption in our nutritional research. You know, when you, when you just take a step back and you look at 74% of our nutritional research is funded by Big food and Big Pharma, right? This is how you get a big food pyramid that says that Lucky Charms is more nutritious than grass fed steak. And if you look at trying to uproot this level of corruption in our food supply, in our nutritional research, in our public policy, in the way that we protect chemical companies. You know, look at Senate bill, or, sorry, House Appropriations Bill 453, which is a bill that would give broad immunity to chemical companies like Chem China that make paraquat, which is illegal in China, but then sold into the United States and being lobbied for broad protections in the United States against consumer revolt for harm. And this is not just broad protection for chemical companies, it's broad protection for chemical companies against known harm, meaning knowingly causing harm, not just inadvertently causing harm, but knowingly causing harm. Companies like Bayer that make Roundup and Glyphosate, which is a German company, not even a US Company that import these, that import these pesticides, herbicides, insecticides and poisons and heavily spray our crops in the United States. But they're not allowed to do this in their own mother country. When, when Bobby Kennedy starts to stand up to this kind of corruption, you see this kind of malfeasance in, in the narrative. So the, the report was leaked. You'll have people on both sides of the report, some saying, hey, it doesn't go far enough, some saying it goes way too far depending on what side of the aisle that you're on. But the truth is that the milestones that Bobby has accomplished and the Maha movement has accomplished are not only here to stay, but they're picking up Steam and momentum Moms across America. End chronic disease.

[A]

Hang on a second. Because the Maga movement is 100% down with Bobby and what's trying to happen. I mean, this audience is the one that went fixed bayonets on his confirmation. So, yeah, I think, and I want to make sure the audience understands this. This is why we want to have you on a date. There was some confusion, particularly the way the media said that Bobby and the team had already been compromised, that the MAHA report that was leaked, what you just said right there. Right. Because, you know, we had Nicole on. She did a great job about big AG and the big chemical companies. But the report, at least the way it was spun by some media outlets, that Bobby Kennedy and the MAHA team had blinked, that you weren't. It wasn't going to be aggressive enough in some of the areas you just talked about. Number one, that's a narrative coming from big Pharma, Big Ag, who want to. Want to, you know, disembowel Bobby Kennedy and the team right now. Can you set it straight that that's not the fact that the team over there is just as focused and don't believe the spin of what came out on this leaked report.

[D]

Do not believe the spin about what came out on this leaked report. Don't believe that there's any daylight between President Trump and Bobby Kennedy. Bobby Kennedy prayed for 20 years to be in the position he's in right now to have the kind of influence on public policy that he's having. He is fully on board with Donald Trump's agenda. He has no intention of running for president in 2028, despite some of that creative narrative. You know, the only way to stop this movement would be to drive a wedge between the White House and Health and Human Services or between Bobby Kennedy and Donald Trump. And it's just simply not going to happen. You know, this is as much a spiritual revolution as it is a revolution about corruption. And people are going to choose to be on one side of the aisle or the other. The challenge for them now is that the court of public opinion is shifting. It is going to become impossibly. It's going to become impossible to overcome the narrative of being on the opposite side of childhood cancers, max vaccinations, broad immunity for chemical companies at the expense of American citizens. And so you're seeing the. The flailing, you know, the absolute panic with their backs against the wall where they can't counter the narrative directly. Nobody can raise their hand and say, hey, I want to get physical education out of the public school system. We want more petroleum based food dyes, you know, in our, in our, in our food, more glyphosate, more, more genetically modified foods, more Roundup, more paraquat. So what they have to do is they have to try to attack the personality which is Bobby Kennedy and say, hey, his agenda is going too far. It's infringing on our freedom of choice. None of which is true. You know, you'll still have the freedom to choose all of the, all of the foods that you had to choose five years ago. It's just that you will not be exposed to, you know, the types of poisons that are infecting our food supply. I mean, somebody has to ask the question, how is it that we spend $5 trillion a year on health care and we are the sickest, fattest, most disease ridden nation in the world? We lead the world in morbid obesity, type 2 diabetes, multiple chronic disease in a single biome, infant mortality and maternal mortality. And everybody wants to just raise their hand and say it's working just fine. Don't look over here at the statistics, look over here at the, you know, at the price and the availability of foods. And so this, this report was purposely leaked. There are some areas that I would agree have not yet gone far enough, but reports not final. There are some areas that people would argue have gone too far. But Bobby is toed the line masterfully on getting a lot of these companies, chemical companies, agricultural companies, food companies and even pharma to come to the table ahead of these legislative changes. And at the state level, he's succeeding in such a way that we've created a patchwork, a framework that now companies have to try to work around. So it's becoming less expensive to conform than it is to fight this agenda. So I think that, you know, the fight has only just begun. You're talking about an industry with a multitrillion dollar war chest also that has a media narrative that's very cooperative to their messaging. But I don't think it's going to succeed. I mean, it's becoming very unpopular for politicians to be on the other side of the Maha movement.

[A]

Can you hang over a second because I want to hold you through a commercial break you just talked about. The one thing I think has even changed from 2016, when President Trump first came in, is the consolidation of some of these industries. Big ag, big pharma, you know, big finance, big tech. That the concentration of power and their brutal use of lobbyists and law firms. I mean, the concentration of power. So somebody like Biden, Bobby Kennedy, which was tough enough to fight a decade ago, to fight it now, is almost, you know, incomprehensible about the pressure that's on every day. So we're going to take a short commercial break. Hometitlelock.com promo code Steve the $1 million triple lock protection. You get 24 hour coverage alerts in the middle of the night if anybody's messing with your title. And a $1 million restoration project if all of the else fails. Every dream you've ever had is in that home. Make sure it doesn't turn into a nightmare by somebody getting their hands on your title. Short commercial break According to the Department of Energy, blackouts could increase by 10,000% over the next few years. It's because of massive energy demand from artificial intelligence data centers. We talk about that all the time here in the war room. And we have a fragile power grid. It just cannot keep up with that demand. I don't know about you, but I don't like the idea of being without power even for a day. That's why I got the grid. Dr. 3300 from my patriot supply. It's a powerful solar generator that runs refrigerators, AC units, medical devices, power tools, anything you need to write out a blackout. And right now, for their Christmas in July event, they're including over $1,000 in free survival gear with your generator, including emergency food supply, water filtration, survival tools and more. You heard that right. Over 1000 bucks in free gear for a limited time. Head to my Patriotsupply.com Bannon. That's my Patriotsupply.com Bannon and grab the Christmas in July bundle before it's gone. Blackouts are coming. Go to my patronsupply.com Bannon and get prepared today. Here's your host, Stephen K. Band. Welcome back. So, Gary, give me a couple of minutes on how this audience can help. Bobby Kennedy is essentially on a crusade that we back him on in the Maha and Maga moment. Coming together in 2024 is what led to this amazing victory with President Trump as our head. But like I said, the consolidation of power under Biden because Lina Khan and everybody, they were just kind of thrown out. There was no control of the concentration of corporate power and now you got these oligarchs that are even the tech side. Even worse. How does Kennedy fight it and how can this audience help?

[D]

Sir, he fights it the same way that.

[A]

He froze. Okay, we'll get him unfrozen in a second. Let's go ahead and can we reboot him? Do we have time to reboot him? I want to get that answer. Bobby Kennedy is fighting a tough fight. I got to tell you, this leaked report and what they were trying to show is, oh, Bobby's, you know, he succumbed to pressure from industry. President Trump's unbacking. Nothing can be farther from the truth. President Trump backs him. Full tilt boogie. Taj. Gil, you know, all the guys came over and they're all talking big as you and I talked about. They're all going to have security guarantees, they're all going to have troops, they're going to have boots on the ground. President Trump, can we can just coordinate. They're going to do this, they're going to do that. Keir Starmer's not off the fricking plane where the head of the British military sitting there going, well, no, I think we're going to, we'll take one of the ports and maybe, you know, look at the sky, we'll do the air. But we can't have boots on the ground. We certainly can't have them at the front because everybody knows this is going to be the west bank to the 1,000th power. Because, folks, 2 million people have been killed and wounded over there. And the place looks like Belgium in. It looks like Flanders Field in 1917. 1918. So it's ridiculous. I thank you so much given, I don't know, you spent, you had 18 tours in various hellholes defending your country. Right now you're the premier coffee maker in the world. Talk to me about your coffee, sir.

[G]

Yeah, 16, Steve. 16 tours over there. But yeah, Warpath Coffee. It's, it's the best coffee. Keir Starmer should be drinking it. It'll bring it back to reality. It's Warpath Coffee is a website and as always, use promo code War room. You get 20 off and it's no gimmicks. It is literally the best coffee out there. All you have to do is look the reviews. We have 12,500 5 star reviews on the website, which is a huge number of reviews for a website. Usually you only see those kind of numbers on some of these super high volume Amazon stores and we have those actually on our website. So just go on the reviews, read the website. We roasted on a perforated drum and that makes the coffee. We don't burn it, we don't even burn the tips of the beans. So roasting on a perforated drum is the key. The way we roast it. And we use premium beans and they're always fresh. We're not buying cheap beans from India or wherever. You know, we use premium beans from south and Central America. We pay the price for them and they are amazing. So you don't need any milk, any sugar. You can just drink it straight black. It's warpath coffee and use promo code war room. You get 20% off. You're part of the war room posse.

[A]

Not can you. So the theory of the case in making this was my man is a former naval personnel, one of our commandos, Navy SEALs, right? And of course, in the Navy you have, you have, you have to drink Navy brew all the time, whether you're going on a mid watch or destroyer or you're in your 16th deployment as a contractor or SEAL. And Navy Brew is normally burned, right? Because coffee's been on forever and they don't get the best, they'll get the best. So Tasia's thing, when he went from my, when he had my security detail to starting his own coffee, his company says we got to make the best in the world. You have made the best in the world. You don't. Not only do you not need cream and sugar because that's all to kill the acidity. That's why it's the acidic nature of coffee. That's why people do it, because they still want the kick of the caffeine. Here's the theory of the case with warpath coffee and the reason it has 12,500 five star reviews, folks. The coffee is made to be consumed as coffee is meant to be consumed. And that is black. This is the champagne of coffees. I know because I'm a coffee aficionado, right? I live on coffee. And this is the best. I told Teja time and it took him years to perfect it. This one slapped together at, you know, at the last second. But Taj really went through this very systematically and thoroughly. And like you said, you wanted to have coffee for the seals that was as good as the equipment that you used to fight with, right? And we have, you guys have the best equipment. You wanted the best coffee, sir.

[G]

That's right. That's right. Everything I do, I always modify everything and tweak it and make it the best. Like my cars, my guns, my kids, everything. So the coffee, you know, I didn't want to, but, but a crappy product out there, I didn't want to have a gimmick coffee like, like 90 of the coffee out there, it's burnt and it's bitter and it's acidic. So we, we put forward the Best coffee, it's you. It's smooth. You can drink it straight black. Even the dark roast. And it's still dark, but it's smooth. It's not like bitter and sour and sharp. It doesn't taste like you're drinking, like you're sucking on copper.

[E]

No.

[A]

When you did it, I said the test will be the. And you named it the Mariner's blend. I appreciate that. But the dark roast, which took us a couple of years. Took you a couple of years to perfect it. I kept saying, hey, I don't think you're there yet. You did it. And this is. And I love dark roast. I won't drink anything but dark roast. I will drink his espresso. I won't drink the blends. People love the blends. People come to me and say, hey, Steve, the, the holiday blends he has, in fact, I think some of them are so popular you sell it year round. But I am a drink it hot and drink it black. And I'm telling you, this is the champagne of coffee. It's the best coffee I've ever had, flat out. And don't take it from me because, you know, I don't do a lot of salesy stuff here. Don't take it from me and don't take it from Taj. Take it from people just like yourself that went and tried it. And these are all coffee drinkers. Taj, one more time, where do people go?

[G]

Warpath coffee is promo code war room. It's 20% off right now. And just go on the website and read the reviews. That's all you have to do. Warpath coffee promo code, war room. And it is the best coffee. It's like, no kidding, gourmet premium coffee.

[A]

Thank you, brother.

[G]

Thank you, sir.

[A]

Charlie Kirk is up next. Posos after that, Steve Gruber, Eric Bolling, and then you're back at 5pm to 7 in the war room. There's so much going on. Not simply the. The central bank meeting out in Jackson Hole will be covering that wall to wall, but everything else. President Trump trying to bring peace to the world and of course the deadbeats of the European elites not exactly helping him out. We'll be covering it all. I'll be up on getter off afternoon and we'll be back at 5pm Eastern Daylight Time when you will be back in the war room. What if he had the brightest mind in the war room delivering critical financial research every month? Steve Bannon here. War room listeners know Jim Rickards. I love this guy. He's our wise man. A former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets. Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself. Now he's issuing a dire warning about April 11, a moment that could define Trump's presidency and your financial future. His latest book, Money GPT, exposes how AI is setting the stage for financial chaos. Bank runs at lightning speeds, algorithm driven crashes, and even threats to national security. Right now, War Room members get a free copy of MoneyGPT when they sign up for Strategic Intelligence. This is Jim's flagship financial newsletter, Strategic Intelligence. I read it. You should read it. Time is running out. Go to rickardswarroom.com that's all one word. Rickards war Room records with an S. Go now and claim your free book. That's rickardswarroom.com do it today.