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Chris Cuomo
There are things they're not telling you about what's happening in Los Angeles and elsewhere around this country. And I'll give you one hint. There's about to be more and worse, and you have to understand why. I'm Chris Cuomo. Welcome to the Chris Cuomo Project. Now, if you're somebody who doesn't understand why this is happening, all of the sudden, and it's kind of, like, turned you off, so you've tuned out. Good, because that means you're still a critical thinker, and you understand that this seems highly contrived. However, most of you are probably watching and are outraged. The question is why? There are two groups. One is, I can't believe all these people in the streets and the lawlessness and how they're destroying everything. And here we go again. Like George Floyd or one of these other BLM things. They're gonna think what they're gonna think, and they're being fed by very different people. I have a message for the other group who is looking and saying, what just happened now? What did Trump do? What is Newsom do? What's happening again? What is this parade that's about to happen? Whose birthday is it? What is it? Here's the message for you. There are things that you are not being told that you need to understand and then use to make your own. Assess what is going on here right now. No tinfoil hat, no conspiracy. But let me just start with this, okay? This is all happening right now for a reason. And let me tell you something. If you think that this is a show of strength against Trump, you are wrong. Trump wins what's happening right now, and arguably not for the right reasons. All right, let me break it down kind of observation by observation, but I will start with one gross assessment, okay? Do you know why so many MAGA people are putting out, like James woods, like, legitimate thinkers are putting out fake video that is not from right now, even though there's plenty of stuff to show from right now, because they want this to be seen as bad as they can. Why it is a weapon of mass distraction. That's what this is. Why talk about the economy, tariffs, prices, what's happening with interest rates, the wars that are getting worse, not better, the fomented tension with Iran, the political upheaval, the craziness with the budget bill and what it is really about and what Elon and him getting sideways with Trump is really about. Why talk about any of that when instead you can show how crazy the left is and show law and order, right? I'M there. This Newsom can't control his people. Now California is suing Trump for federalizing the National Guard. What does that mean? You'll keep hearing that phrase. National Guard gets introduced three ways. One, governor asks for it. Two, governor asks the feds for it. Three, the feds do it themselves. That's this one. Federalized. Why? Two things. You got to employ Posse Comitatus. That's this law from the 1800s, which basically means no military does. Domestic law enforcement. We don't do that. We don't turn the army on our own. Second is that this is a violation of the Insurrection Act. Once one of the loopholes. Well, Trump is using it under Title 10 of the US Code. Which is what? That he is unable to protect federal authorities or have federal law be enforced. Courts ice, so he has to bring them in. That's what he's using. Is it a mistake? Depends. If things get worse and people get hurt because of it, yeah. It was a huge mistake. And it may seal Trump's fate going into the midterms if this becomes the major point of cataclysm in this country. However, right now, optically, it's a win because it's lawless. It's crazy. They're only showing you the images of bad things. And remember, it only takes a little bit. So next point, let's be on record, you and me, about where we are on this. Here's mine. Simply stated, protest good touch person or property destructively bad rioter are both going on in LA and in other places around the country. Yes. Okay, in what percentages? Doesn't really matter politically. Once you have any percentage of it, it's all riots and the resistance that. Oh, no, it's overwhelmingly. It's mostly protests. Doesn't matter. A little bit goes a long way. Do I think protesting is fine? Yes. And there are many who believe protests are supposed to be peaceful. Meaning everything that's said, you're okay with. It's not. There are angry people who are gonna say angry, hostile things. They're gonna spit. And the idea that when they spit, we hit. First of all, just cause it rhymes doesn't make it righteous. And for the President to say that violates the law, now, he can say it without violating the law, but to act on it. I gave them a rule. If they spit at you, hit them. That's a bullshit thing to say. And cops can't do that. The National Guard can't do that. It's not a legit rule of engagement. Don't be distracted. By that bullshit. And let me tell you, if he was so worried about rudeness, if he wants to call these people insurgents, which is what he's doing now, to give some kind of patina of legal justification for bringing in the National Guard. So these people are. But January 6th wasn't. Now, by the way, I don't think January 6th was an insurrection because I don't think those people had any meaningful plan to overthrow the government. And certainly the people in Los Angeles and elsewhere in the country right now don't have one either. But it just shows you the game of advantage. It just shows you it never ends. What they tell you is disgusting. One moment, I can't believe they look at January 6th and say this is an open rebellion, when it's really just what they were doing with blm. One minute they can say that, the next moment they do the same fucking thing because it works to their advantage. It's all politics. Both side. Sides do it. Trump is doing it in very egregious fashion right now. Do I think the National Guard is needed in Los Angeles? No, I do not. Do I think it is wrong to have it? No, not necessarily. Depends what they do. Newsom suing. One thing, talking the way he's talking about come arrest me, the smartest move that he hasn't done yet. At least call for the National Guard yourself and then control them. So take it away from Trump. You should ask for the National Guard, have them provided to you and then you control them, keep them. You see what I'm saying? So now you take the authority away from Trump. Right? Because it's going to be redundant and you'll have all those troops together and you'll have influence over the whole. That's what I would do. But that is also just a discrete aspect of this. Support comes from Irestore. So I have been using all of it. I've been using the helmet, I took the supplements and I am using the hair treatment. Okay. I'm doing all of it. And so far, so full. This is something that I'm concerned with. 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You don't have to be frustrated and you don't have to fight it alone. Thanks to Irestore. Here's what's going on. On one side it's a distraction. On the other side it is good intentions gone bad again for the left. And here's why. Do they have a right to protest what's happening with ice 100% all day long. Is it right that they protest ice? Yeah, I think that there are real arguments to be had here. Why? Because ICE is evil and they're a gestapo and they're a secret police force. No, no, no. None of those. Don't say defund them. Don't say get rid of them. Don't say no ice. That's bullshit. You need law enforcement in this country, okay? Especially our poorer and more vulnerable socioeconomic communities and classes. They need law enforcement more than you may if you're more wealthy. Now, ICE is being used wrongly by this administration. How? Too much, too soon, on too little. We were told the roundup would be about bad hombres. If it's just about finding everyone who illegally entered, we're going to have more chaos than we're going to have benefit from this. I've been saying this since Trump made the promise. Okay, look, it is easy to argue that you're just enforcing the law and you entered illegally. You got to go. Okay, I get it. I get why that works politically, but it's also really simplistic, okay? Illegal entrance. It's not like, hey, you kill somebody, you kill somebody. You got to do the crime, do the time. This is not that. Oh, but it's a crime to enter. You may commit crimes every day depending on how you drive and how you live. Not all crimes are equal. Now they are being asked to round up millions of people as fast as they can and get rid of them because he wants to show results before the midterms that is unfair to the ICE agents and it's unfair to you. Okay? The answer to the riddle of how did Obama. They keep pointing to Obama. He deported 3 million people. Why are you saying it's wrong to deport? It's about how it's not wrong to deport. It's not wrong to deport bad hombres. It's not wrong to deport anyone who's here illegally, depending on how you do it. So what's the answer to the riddle of how Obama deported 3 million people and no one seemed to have a problem with it? It took him eight years. That's how cuz he did it the right way. Meaning what? Following the law? Following due process. Trump wants to do it in a fraction of the time. That's why he's using all these crazy devices and stretching the limits of the law and pretending that the courts and Congress are trying to keep him down. That's bullshit. It's not bullshit. To want to deport people, that's a political choice. But to deport all of these people, many of them are useful to communities. Many of them have been paying taxes, going into schools and looking for kids. This is not what was sold as the bad hombres. Okay? And I don't know that it's the right use of resources, but these are political questions. But that's why people have a legitimate gripe about what ICE is doing. They're doing more in places that don't speak to security. The idea that. Yeah, but we got to get rid of these people. They're ruining the economy. Bullshit. Bullshit. Yeah. No, no, no. They're taking more than they give. Bullshit. Naomi. They're killing people. They're criminals. Okay, by your one is too many standard, which you apply to nothing else, by the way. No, but Lake and Riley. Oh, please, please. Of course you should feel bad. Of course. Anytime a kid loses their life, young kid, student at Georgia University, doing great things with their life going on, probably to big dreams. It's terrible. And he should have never been here. Even worse. But that is true. When you have a dui. That is true. When you have somebody who dies by accident, that's when. Someone with a stray bullet. The way kids die all over this country all the time, Unintentionally. But one's not too many for that, right? It's just political expedience. And if you give a shit about who's killing our young women, illegal entrants are not the top of the food chain for you. Yeah, but they're not Supposed to be here. So should we get rid of them? Fine, get rid of all the bad guys. That's not what you're doing. So there is reason for political dispute. There is reason for protest. Not for riots. Not for being violent, not for being what you say you oppose. Not for doxxing ICE agents. But you have to start looking at the selective outrage on both sides. See the game and see how you're being played. And the price is getting higher and higher. Why selective outrage? If you want to protest ice, Fine. If you want to get angry and get out in the streets, okay, that's your right. Why are pro Palestinian flags at the front of the parades? What does that have to do with ice? Why is the left allowing itself to be co opted by fringe bullshit agendas that are not serving their stated purpose? Why am I seeing supportive things of Hamas in an ICE protest? Oh, well, we don't control. You light the fire, you then have to own the burn. You light the fire. Oh, no, no. Trump lit it. No, this is your choice to take to the streets and protest. And I am not criticizing the choice, but how you do it matters. Same mistake he's making with how he's enforcing the law. Why do you have these people? You're giving Trump exactly what he wants. You look like savages. You look like people who are against the country and are against law enforcement and you're supporting fringe, radical, violent elements of extremism. Why you're surprised that the Jews are upset at the Democratic Party when this is something that is supposedly done in its name. Oh, we condemn all violence. And if you build it, they will come. That's what happened here. And look, Trump bringing in the National Guard is a typical look. It's like the tariffs version of national security. I'm just going to throw something in there that looks strong, that looks tough, and without thinking through what's going to happen in second and third order of effects. What happens if they get into a tangle now and they hurt some people? They kill some people. Well, good, that's what they get. Really? You really don't think it leads us somewhere worse? Really? This is what we want in the country right now and you're going to have a military birthday 250 year parade which coincides with Trump's birthday. Of course people are going to go and protest. This isn't about the military. He's co opting the military for his own personal effect. It's a recipe for disaster. Support comes from cozy earth. I love my bamboo sheets and I'll Tell you why they make me feel good from a green perspective, because it is so sustainable. 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Cozyearth.com code Chris sleep cooler, lounge lighter, Stay cozy. None of this gets us to a better place. And it's not designed to. It's designed to show that Trump is a despot and it's designed to show that the left is demonic. It's just about advantage. None of it is about advancement. No one has a better idea because we're not in the business of fixing. We're not in the business of better. We're in the better of worse. We're in the business of worse. We are in the business of worse. And it's selective. Why? Where's the. You want to have a hand in the appropriation of someone else's oppression? Why not Sudan? Sudan? What's happened in Sudan? I don't know. There's millions of dead and displaced people. There's a cleansing going on in Sudan. Why don't you give a shit about that? But you care about how Gaza, right? The numbers aren't even close to the scale. Is it wrong to care about Gaza? Fuck no, it's not wrong to care about Gaza. Is it wrong to paint Israel as a genocidal menace? Yeah, it is. And I'll tell you why. On one basic level, if someone hates a type, they eradicate it everywhere they can, right? You don't allow ants if you want to dehumanize, right? Because that's what genocide is. You have to dehumanize. You have to see them as a thing that you can get rid of. You have to forget that we're all connected. You have to forget theology, you have to forget humanism. You have to forget ethics. You have to forget morals. You must forget it all and surrender it in favor of a bullshit proposition that advances your kind over every other fine. Do you kill ants that you find in your kitchen, but not in your living room? If you want to kill ants and you put all the traps, you only put them in the kitchen, and then you allow them to walk around in the living room. Is that what you do? Is that because that's what Israel's doing, right? You're calling people ants. I'm giving you a metaphor so you can understand it in a way that is as pathetic and as reductive as what we see going on with this very, very complicated issue. So you have 2 million of the people they're trying to kill in Gaza as citizens with full rights in Israel being protected as they go to and from places of worship by the IDF within Israel where they're citizens. But it's a genocide. No, it's only a genocide in Gaza. Ah, so the same people that they want to eradicate in Gaza, they allow to live in Israel as citizens because it's just a land grab. Oh, no. I thought it was a genocide or it's a land grab and a genocide. What? You see what I'm saying? It's selective outrage. And then you don't care when you have bigger numbers and a more egregious thing that's going on that wasn't precipitated by the people being victimized and you ignore it. That's selective outrage. Why? Because it's branding. It's brand extension. That's what the pro Hamas movement is. They have branded themselves as the oppressed. Why are people protesting in Gaza against Hamas? Because that's how desperate they are that they want to blame the people who put them under the yoke of oppression in the first place. Oh, but Israel funded Hamas. Who gives a shit what they did back in the day when it was first starting? You want to know who doesn't believe that Hamas as a terror organization was ever supported by Israel? The Green Prince, whose father was one of the founders of Hamas and he was his main lieutenant until he had this change of head and heart when he was in prison and saw what Hamas was doing to its own. He says they never supported him as a terror organization. They were a political alternative to a terror organization, and then they became one themselves. That's the truth. See what is happening for the manipulation that it is. Trump calling in the National Guard is not necessary. It is wanted for effect of division and perceived strength and it is dangerous. The left involving in a bunch of crazy radicalized oppression, stealing suckers is not how they want to present to the rest of the country. You are giving Trump a win optically. You are creating damage of property and person. You are looking like you're anti law enforcement. You are looking like you're anti law and order. And that is not your point. Your point is that that's what ICE is being by being forced to overextend and overreach both legally and ethically. That's your point and that's a salient point and it's one to make. People can disagree, but it's a legitimate debate to have. It's something to protest 100%. But if you look, you will see that that is what is going on here. And again, they are not all protests. There is rioting going on because they are hurting people and they are destroying property. Oh, but it's just a little bit. It doesn't take that much to ruin the perception of the whole. Okay, and again, as soon as you have pro Palestinian, pro Hamas and all these other countries flags up there, you are being what you say you oppose and you are giving your political opponents high ground. I don't know why the left did it this way. Look, you don't need me to tell you that there are a lot of unknowns when it comes to what's going on with our markets and our money. Things just are not in a good place. Inflation is up. How much? Well, it depends on the day. Banks, borrowing costs, prices. Everything that's going out there right now is really hard to predict. And we all have the same question. What do we do to protect what we have? That's why more and more people are turning to gold and silver. Because they're not make believe, man. They're not some digital thing that some guy can just hack and it's gone forever. It's real, it's proven, it's tangible. It doesn't just crash with the rest of the market. It is the oldest tried and true hedge. But here's what nobody tells you. Just buying gold is not a thing. You gotta buy the right kind, okay? Because you can buy the wrong kind. Like what? How about those flashy coins in the TV ads? Oh, it's a collector series, right? Or some celebrity says, oh, this is what I do. Yeah, ask them how much they really have. These gimmicks are built to make someone else rich, not you. I want you to hear from Dr. Kirk Elliot. Two PhDs, one of them is in theology. Think about that. When's the last time you met an investment guy that has taken the time to study their religion? No gimmicks, no commissions. When you sell. Okay, he does it differently, and I would say he does it the right way. And you wind up getting an option to buy real bullion that you can actually use. Right now, Dr. Kirk and his team, they're partnering with me at KEPM and offering free consultations. No pressure, just straight Talk. Go to kepm.com cuomo and take control of your future. Knowledge is power. Get smart, get moving, before the next shock hits. Now. Oh, this is all over. Odd. It's dying down. The worst is yet to come. This here is should be the headline. What we are seeing is what we have allowed. It's not just about protest. That's a right. What we have allowed are the politics that poison dialogue with Division. This is what we have become. Outrageous, unreasonable, reckless behavior in conflict. Los Angeles is American politics. This is where we've arrived. That's what's going on here. It is all manufactured for effect of agendas, not for positive change, not on either side. Trump does not have the National Guard there just to protect ICE and to allow federal law to function. That's not it. He wants to look strong and like he's putting down the left and controlling Newsom. That's what it is. It's not a bad political play, but it's bad for the country. And is it illegal for him to do it? Maybe, maybe not. But let's be honest. If you voted for Trump, I don't know how much you really care about what he's legally allowed to do and not do. As long as you like what he's doing. Let's be honest, because so many of you are like, oh, fuck due process for people who enter illegally. That's not the law. No, no, no. They never intended this. They never intended birthright citizenship. Oh, really? So now the people who said you must respect the plain reading of the Constitution because the Founding Fathers were all geniuses now say, you got to read in context. Now you're a bunch of lefties. Come on. Come on. The National Guard has taken over Los Angeles under Trump's direction. He has taken over law enforcement. No, he has not. That's not true. They're not carrying out civilian law enforcement. They're there protecting ICE agents. And they are supposedly making sure that federal Law can still function. Is this a little bs? Yeah, but they are not running around policing the way you're saying they are either. The truth has to be enough. Do you know how much worse, by orders of magnitude, Rodney King was in this? Do you know how much worse what we saw during the BLM George Floyd stuff was than what we're seeing right now? Why do we keep forgetting what the fuck we've been through in this country? So that we can learn and do it better. Why do both sides have to keep repeating the same mistakes? Trump calling these people insurrectionists. This is why I say he never has philosophical or moral high ground. It's all expedience. It's all advantage, not advancement. So you shout down them, calling the people on January 6th insurgents. But you call protesters and rioters in Los Angeles insurgents. You're doing the same thing. You were right that they were overdoing it about January 6, as scary as it was in the moment. And you're now doing the same thing now because you're no better than what you criticized in the first place. That's the truth. James woods using fake video and all these other people running with fake video. You are no better than what you say you oppose. You are a propagandist and a puppet, just like the other side. That's all you are. It's just about advantage. Newsom saying, come arrest me, but leave these communities alone. Listen, put in better systems to control the immigration within your boundaries. Do better with law and order, have better ideas. But I gotta tell you, you gotta be careful. Federal government with California, let me tell you why. You can say what you want about Newsom. That state economically gives the whole more than it takes. Okay? That stupid movie, Civil War, which I hated. There's a reason California and Texas combined, they got the right combo there. There's just the rationale in the movie was absurd. But you have two states that give more to the whole than they take. You got to be careful. We got a fragile thing here and we keep fucking with it, okay? And don't tell me all you picking on James Woods. Ted Cruz retweeted the same thing. He doesn't have good enough access to know what's real and what isn't. He doesn't give a shit. He's just playing to advantage, to division, to fomenting like everybody else. Okay? Newsom points out that the videos from 2020, James Wood says, yeah, I'm only using it to show you've been good at doing the wrong thing for half a decade. Bullshit. Bullshit. James woods, supposed intellectual, no people in common. They tell me how smart he is. And why are you being so stupid? Why are you being so mouth breathing? Lowest common denominator on this. It's all division, it's all manufactured, it's all branding. That's what we're seeing in the country right now. And here's the worst part of it. Not only is it a distraction from what we should be talking about that Trump doesn't want to. So this works fine for him. Fine for him? Sure, if you flip the R and the D, Trump would be saying, oh my God, they can't control their own cities. Philly, New York, Louisiana. What's going on? And then he has a parade. I know. That's the hypocrisy of it. Because all that matters is that you say the other side is worse. It's not about real high ground, it's not about principle. It's just pragmatism of the moment. See it for what it is. Demand better, and don't be a part of what makes us worse. And I'll tell you why it bothers me so much that we keep making our own problems here. It's the ultimate enriched privilege that we create problems in this country when the rest of the world is really struggling with real systemic and cultural things. That's a real problem that we don't have yet, but we're going to. Fundamentalism is on the rise, my brothers and sisters. I am sounding the alarm. And when you do shit like this and justify it the way you are, you make it easier for them to spread their ideology. We're already, we're already halfway there. Violence is the answer. That's the American way. Look at what happened in the streets. Look how Trump responded. Lock em up, fuck em up. Spit. You hit. You sound like fundamentalists already. You're going that way. Trump is a despot. He's got to be taken out. Put the crosshairs on him. Then you're surprised when the guy, some psycho jackass, takes a shot at him. We are setting ourselves up for bad. They are not telling you what this is really about and how it's going. And I see it. And I know what it is. And I've seen what it really is in other parts of the world. And I've seen what it can be here. And I've also seen what can solve it. And unfortunately, I hate this. I hate it. I hate it. I hate it. Do you know what gets us past all this left and right and back to reasonable us and them back to we. From parties and sectarian and political rifts to just being a nation. That is all a huge, deadly, catastrophic crisis. That's what we're setting ourselves up for. Something that is so big, that is so ugly, that is so painful that it snaps us out of transports and, oh, you know, a baby in the womb is everything, and everything's rigged and everything about democracy is bad and everything's got to be destroyed. When somebody comes and really wants to destroy it and you with it, then you will wake up and you will say, holy shit, I am now joined with the people in America in a way that I never thought. Umbilically, inexorably, inextricably interconnected and interdependent. Because somebody wants to kill all of us and take what this place is and destroy it. That's what happened on 9 11. We went into the wrong country and killed the wrong people for a long time because of that exigency, that fear. Now, I don't want to see that again, but that's what's going to happen. And I think this time it's going to come right from in here. And it's going to be this crazy amalgam of unlikely partners who have all different kinds of agendas and philosophies, but they all hate the same shit, the power structure, and they want to take it out and destroy it and then see how they can play to advantage afterwards, telling you it is happening and we are feeding it in ways that we are aware and unaware. Every time you have a social media movement where they're like, you can't believe anybody, but else you're playing to the fundamentalists, Every time that you allow your dialogue to get so cheapened and debased to the point of him them own this, own that, you're playing right into the hands of the people who don't want you to be able to reason through anything, this is what we are seeing as a symptom right now. We are laying the groundwork for our own demise. That's why I'm against the parties. That's why I'm against this fundamentalism that we're playing to in our politics, because we are feeding. I mean, literally, it's like a bad movie where people are dancing around pretending to be a monster. Oh, you're scaring me. Oh, you're scaring me. And meanwhile, there's a real monster sitting in the woods watching them. And when they're exhausted from what they're doing and not paying attention, it comes out of the woods and it eats everybody and burns down the camp. That's where we're setting ourselves up. And no, I don't think it's alarmist. It is real, you know, in a really crazy, crazy way. Apropos of Iran, go back, spend five minutes Googling how Iran went from Persia to where it is right now. That was a robust, diverse, multifaith, multicultural place. Fundamentalism came in, and now that place is just an empty shell of itself. We could go the same way. I don't think so. But when I see what's happening in Los Angeles and in these other places, and after you see this, I'm telling you there's going to be more. Why? Because we don't have the counteract. We don't have the counteractive dynamic. We're not disgusted with it. So there's going to be more and more because it's working right now. This is working for Trump. He's not talking about what's hurting him, and this is actually helping him. And he's showing his opponents to be worse than he is. To people who are looking on that I addressed at the beginning that I don't get this. What the fuck is going on? Why are they doing this? Those people? Look, Trump isn't the problem. He's the solution right now. Now, is that true? No. Because what precipitated this, what ICE is doing, is a forced situation that's too much, too fast in ways that are too aggressive, and that's all Trump. And yet the optics are terrible and they're going to continue. And we are setting ourselves up to be taken out. So take it seriously. Not for what you're being told it is, but for what you see it as. See it for what it is, not what it's being sold as. Support comes from Delete me. 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Right now, you can get a special discount for being a member of the Chris Cuomo project. You'll get 20% off your Delete Me plan. Just go to JoinDeleteMe.com Cuomo use the promo code CUOMO at checkout. The only way to get the 20% off is to go to JoinDeleteMe.com and enter the code CUOMO at checkout. It's very simple. Join deleteme.com cuomo use the code CUOMO at checkout. Delete me. That's how you stay safe. So I have identified what I see as the problem, but I don't want to be the problem. We can't be distracted by what's happening on the ground in some places, when we need to discuss what's happening every place. Our economy has created challenges for us because of actions of the federal government. You can like that or not like it, but that's where we are. What do you do about it? Well, when there is insecurity and there is a flight to safety, when there is a need for value, when there is a need to deal, we now have a competing rationale. Do you go to where we have gone traditionally, when you need safety within your investments, within what you're keeping for your family, within what's in your retirement? Or is there a new safe space called crypto and blockchain? That is the big division of thought for some. I want to bring in an expert, my partner and friend, Dr. Kirk Elliott, to talk about what is really safe in uncertain times. How do we deal with the economic tumult instead of being distracted by what's happening on the streets and the flavor of the moment and how. Well, Trump's making all this money in crypto and everybody's in crypto. Shouldn't I be in Bitcoin? Isn't that the way to do it? There's a lot of messaging out there on the ground, on the Internet, in your head. What is value? What is real? What is safety? Dr. Kirk Elliott has been studying these questions for decades, and I wanted to talk to him about what we can do when there's so much that's outside our control. Here he is. Dr. Kirk, a couple of things are going on that didn't make sense to me, so I had to bring in the Big guns. So that I can understand what to do for my family. And I know there are a lot of other people out there with the same questions.
- [42:23]
Dr. Kirk Elliott
Well, thank you so much for having me. Let's navigate through it.
- [42:26]
Chris Cuomo
One thing I've been hearing from my sophisticated friends who are in finance that I want you to explain to us is they see gold and silver. You say that there's not a symmetry, but there is a synchronicity, and that there's a complimentary relationship developing with crypto. They made a different point, which is hacking is gonna become such a huge part of finance because once it's all digitized, they don't know why hackers haven't been holding more people hostage, but their ability to get in and that. They see whether it's barrels of oil or gold or silver as one of the last protections from that. And I used to say, but every movie is always about people pulling off a bank heist. And they're like, yeah, look how hard it is. He's like, this hacking, we don't even know what happened till they send us a note and say, by the way, we just seized all your accounts. Pay us this. And he said, you have no idea how often that happens. And that's why gold is shiny to them, you know, once more or more. So do you agree with that? Why? And what is the answer for people who say, well, I don't even know how to do this. Like, well, what am I supposed to take? Golden, Put it in my garage. So do you believe that it matters more now in this crypto world? Because of safety? And if you want to invest this way, what does it require of you?
- [44:04]
Dr. Kirk Elliott
Yeah, I mean, the hacking part, you know, decentralized. You know, they say, oh, it's.
- [44:09]
Chris Cuomo
It's.
- [44:09]
Dr. Kirk Elliott
It's hack proof. Well, then why did Coinbase just get hacked by, like, $400 million last week?
- [44:15]
Chris Cuomo
Right?
- [44:15]
Dr. Kirk Elliott
It's like the. Whenever you have anything that's digital, computers are getting really, really smart, and you just have to be careful, right? So. So if you have something that's tangible, something that's real, you don't really have to worry about it. But let's not. We don't even have to just stop with hacking if something is digital. Look what happened to I can't remember which centralized exchange it was where people had their cryptocurrency stored. When the Russia, Ukraine conflict started, anybody with a Russian IP address got blocked from their money, right? Because it was a political. It's like, we don't like how you believe so people say, well, that's great. We don't like Russia anyways, right? So it's like, you know. But fast forward to what if they don't like the political party that you give to? What if they don't like your gender identification? What if they don't like the church that you tithe to? What if they don't like anything? It's easy to flip off a switch based on ideological differences. So you've got hacking, you've got digital social profiling, right? And so all of that is a danger in a digital world. I don't care how safe. People say that decentralized and blockchain is, right? It's still digital. Computers can figure it out. So tangible assets fills up this. This realm of. Yeah, it's still private, very private. And you can either take delivery of it at home or you can store it at a depository. Somebody's got to take delivery of it because it's a thing. So to me, not all depositories are created equal. Right. Just because it's there and it's a vault and it's really safe and the guys from Ocean's 13 or 11 can't get into it. Right. It doesn't matter. Um, you have to have certain elements. Number one, segregated storage. Number two, singular ownership. Don't ever have anything where it's jointly owned because you own it. So do they. Just like any bank that you have right now, right, when you put deposit $1,000 in the bank and you have all the hundreds in there, people assume you open up the big steel bank vault door and hundreds just come flying out. There's nothing in there.
- [46:26]
Chris Cuomo
Yeah, right.
- [46:27]
Dr. Kirk Elliott
There's. They're using it to buy real estate companies invest, loan out to other people, and they're just hoping and praying not everybody wants their money out at the same time. Same thing with depositories of gold and silver. If it's jointly owned, they can lease it out, they can send it to other countries, they can do whatever they want. So it needs to be singularly owned, segregated into your name, fully insured, you know, like through Lloyds of London, who's not an insurance carrier. It's an aggregator, but they might have 30 or 40 carriers insuring everything. And I would look at those kind of things. This is why we vetted the depository that we used. And I mean, we had all kinds of choices. We chose excess precious metals depository for that because of those reasons. So then there's a charge for it. Are they overcharging you for the storage or not. I mean we've looked at all of them and we picked this one because it's very cheap to store. Like for every 100,000 you have stored, it's like 350 bucks a year. Right. And it's fracking. If you don't have that much, it's not that much. Right. If you have more, it's going to be more. But you can store it that way through an ira. Like most people don't think that you can have physical metals in an IRA. Well, you can. I'm not talking about ETFs or mining shares or mutual funds. We're talking about physical metals that need to be stored. They have to be stored in the depository. So if you're talking about the wealth that you've accumulated in your retirement accounts, you better have safe storage for it. Well, we've added those and picked the one that think is best because we're a very large company. God's blessed us tremendously, Chris. I mean I pinch myself every single morning and just a guy that wears jeans and a T shirt and have tattoos. But we have a message of hope in a dark world. We have a message of logic. It's not just faith, it's not just this hopium. It's like why do we do what we do? That's because it makes sense.
- [48:25]
Chris Cuomo
Right.
- [48:26]
Dr. Kirk Elliott
We can't change in a macro effect politicians minds. Unless you have a really, really loud aggregate voice. You can't change a lot of the geopolitical nonsense happening all over the world. But what you can do is identify it and act accordingly. Take advantage of your own personal assets. And that's what we help people do. So I would say yeah, it's, it's safer so to speak to have metals that are physically owned. Now the reason I would say that that's not generally a case is I've got little old lady client from Manhattan. I don't want her going to the post office picking up a 1 ounce of gold walking down the street. I'd be afraid she's going to be mugged.
- [49:16]
Chris Cuomo
Right?
- [49:16]
Dr. Kirk Elliott
Right. So everybody's different. I've got clients say, Kirk, you have no idea the neighborhood I live in. I have to store it. And I've got clients say, I don't trust anybody on this earth. I'm never going to store it anywhere. I'm taking it at home. Great, we can help you either way. The half of the equation is being in the right place at the right time. The other one is your peace of mind, which we can help accomplish no matter what your goals are.
- [49:40]
Chris Cuomo
And Dr. Kirk, let's say people already have investment advisors and people working their. What is your ability to work with other financial advisors and be part of somebody's portfolio? Do you have to be all in or can you work with guys?
- [49:59]
Dr. Kirk Elliott
Oh, I'm, I find what I have in common with everybody and focus on our commonalities rather than our differences. I'll work with anybody. Now whether they'll work with me is a different story. Right. Because a lot of times they'll say, oh, gold and silver, it's an ancient relic. We only want you to do paper because maybe they're an assets under management kind of a model and they don't want to lose any. Anything, right? So. So you have to sift through that. But the answer is, yeah, we can work with anybody. Now if that, that client has assets in paper with one of those advisors, you have to pull out the part that you're going to put in physical metals. So, so you can have like, for example, as many IRAs as you want. You can have personal storage of physical metals. You can have it at home and you can still have your paper and your crypto and everything else. The part that would, we would manage on, on physical assets, physical gold and silver would probably pull out of that portfolio always ruffles a little bit of feathers, but you always have to realize it's your money, not theirs, right? And you do what you feel comfortable with doing.
- [51:06]
Chris Cuomo
Dr. Kirk, thank you for making this more understandable. There's a lot of information out there. Doesn't mean that it's necessarily truth or wisdom. So thank you for helping make sense of things and explaining it and giving people an option of how to find security and stability for their families.
- [51:24]
Dr. Kirk Elliott
Oh, it's my pleasure. If anyone has any questions, call our office, go to the link and we'll help you out. We'll bend over backwards to help.
- [51:40]
Chris Cuomo
It is a little surprising to hear how susceptible I was. And maybe you are to be ensouled that there's a new way to protect yourself that may actually be more risky than anything else. But that's why I partnered up with Dr. Kirk. In Uncertain times where lots of mixed messages are coming, it's nice to have a fair broker who tells you who he is and what he's about and why, and then you can make your own judgments. That's what we need these days because everybody's throwing agendas around and it's hard to know what's real. So my friends, the challenges we see them. You can't sit back and be passive. You gotta be active in your own existence. So let's get after it. Thank you for joining me on the Chris Cuomo Project for subscribing and following. I need it and I appreciate you. I will see you on News Nation. I really need you there. 8p and 11p every weekday night. Thank you for joining me there. Thank you for joining me on the substack. And if you want your comments and your questions to be addressed by my guests and me in real time, you subscribe. And I'm using the money there and from those of you who will to wear your independence and buy free agent gear. I'm taking it and I'm using it to help people get treatment for Long Covid who can't afford it and to crowdsource contributions we can all feel good about. The guy, Pete Mudabazi who is on my show who's fostering all these people as a thank you to America for the life he was given. I gave him 10 grand that came from the money that I made from the substack and the free agent gear. So thank you. Thank you for being part of the solution. I'll see you soon.