A (15:37)
Of the Glenn beck program. Gold, $5,100 an ounce. Okay, why is this happening? Well, the first thing that you need to understand is gold is a barometer. Gold is a barometer of belief. And what happened last week? What was the consensus that came out of the World Economic Forum for the entire world to see? I want you to think of this like a guy who has billions of dollars that you could invest. Because to stay safe, to stay ahead of the game, you have to think like that and then act in your own world. And if I have time today, otherwise I'll do it tomorrow. I'm going to show you how you, how you interpret this and how you can act at all levels, okay? But you have to think like a billionaire. And the billionaires are moving money. Hey, why are they moving money? What. What happened last week? What happened last week was at the wtf. The WTF openly came out and said the old system doesn't work and it's failing. So it was a consensus around the world that what the west has built no longer is any good and it won't work. Gotta find a way out. That's what all smart money, all, all central banks, the entire world that's paying attention, that is the message that they heard last week at the wef. Okay, now let me layer on a couple of other things that you probably don't know. We are headed towards a tripwire and it's a race to the finish line. So let me give you the first tripwire, and that is Japan. Japan is. Imagine an old man on a treadmill, okay? This old Japanese man on a treadmill. It was supposed to be temporary him on this treadmill, but it turned into a life support machine and now he's got to keep running. If he's not running, everything dies, okay? For 40 years, Japan has been like that little guy on the treadmill. Told you, got to keep moving. You can't stop just to stay. Stay. Because if you stop, it means recession. So what's wrong with recession? Here's the part that nobody's ever really told you. Americans don't realize if he stops, it's bad. If he speeds up, it's bad and not bad for Japan. But us, here's why. Japan's government has piled up so much debt that even normal interest costs become dangerous. That's why Japan has spent decades now making money too easy at home. Okay? 0%. At some point, they were in negative interest rates. Okay? Please take the money. We'll pay you to take the money. Interest rates. If, if borrowing ever gets expensive, the bill will swallow the budget in Japan and here. And the world has gotten used to a place where, where Japan was the place to go borrow cheap money. Now, here's where the story becomes our problem. Japan is not just a country. Japan is a country we've kept alive for a couple of reasons. One of them is they are a gigantic buyer of American IOUs. You'll hear them talked about as bonds, okay? But they're IOUs. We're like, hey, we want to, we want to build this train to nowhere. We're going to. We're only going to build a mile's worth of track and we're going to be $4 billion over budget. But we're telling you up front it's not going anywhere. We need the $4 billion, okay? And Japan, because they needed us, Japan would go, we'll buy that, we'll buy that. They now hold about $1.2 trillion in Treasuries. They're the largest foreign holder. It's not China, thank God, it's Japan. And that matters because their purchasing helps keep our borrowing costs from rising even faster. But the treadmill is starting to wobble. In late 2025, into this month, 2026, Japan's long bond yields have surged. Japan's 40 year government bond yield moved above 4% since the first time that the bonds existed. What does that mean? That means if you borrowed money from Japan, you are, you are now. Or if, let's say if you, yeah, if you want to borrow money from Japan, it now is going to cost you 4%. It used to be zero. This means the market doesn't want to play pretend anymore with Japan. Okay? They're not satisfied with that. And when Japan's yields rise, the temptation begins. I can get 4% in Japan if I buy a bond. Why would I, why would I lend to America when I can lend to Japan for more? So the money that used to flow outward can come home? Now let me explain tripwire without all the Wall street language. For years people borrowed in yen because it was cheap. So what did they do because it was 0% interest or negative percent interest? You would go over and you'd say, I want to borrow a billion dollars. And people would borrow a billion dollars, a billion yen. And they would, they would buy it and they'd get it. Sometimes they were making money on borrowing it, but at least it was zero. And they would trade that, those yen into US dollars and then they would buy things that paid more. So the stock market or a US bond or whatever, okay, this is called the yen carry trade. Here's what you need to know about it. It doesn't work, okay? It's so unbelievably immoral. It's just frightening. So what they were doing was they're buying a bunch of cheap yen printed over in Japan. They would then take that yen, which they sometimes again were making money on borrowing. Think of Goldman Sachs going over, a big bank going over and saying, I want a billion yen. And we're gonna, we're gonna take that billion yen, we're gonna get out of that, you know, half a billion dollars and we're gonna take that half A billion dollars. And we're gonna invest it in Wall Street. We're making money from Japan because they're giving us 1% on borrowing that. They're giving us an additional 1% every year for holding those yen and taking that loan out from them. And then we go to Wall street, we make 6 or 8 or 10%, so we're making 11%. This is great. We win. Unless things change. If the yen suddenly swings the other way, if it strengthens, the borrowers panic, okay? And they rush to undo the trade. Why? Why? Because that money's not free. And when you rush to undo it, you sell the things you bought with dollars and you get back into the yen. That pushes US Markets around. That pushes US Interest rates up. That turns a problem over there into a problem over here. So Japan is trapped. And the trap has a wire running across the Pacific tied to the exact same global system. America sits inside. So that's the first reason why gold is screaming. It's saying, wait, wait, wait. What's happening with Japan? Japan can't move, and Japan's going to have to move, but they can't move. Now, there's another side of this from Japan. Go across the. Go across the sea and. And you go to China. China is much, much worse. Okay? Much, much worse. And nobody's willing to talk about this. And this leads to what's happening on the ground in Minnesota. This is the best of the Glenn Beck program, and we really want to thank you for listening. Gosh. I want to take you through some of the stuff that happened up in Minnesota before I get to this video of Alex Preddy and him being shot. So let me. First of all, I played this earlier. Let me just play just a little bit. This is a woman who was somehow or another on an ICE database on the left. And to show you how well coordinated this is, there's this database and this woman and her husband. She's a journalist. She was being followed by this. These ICE protesters because she was on a database and they thought she was ice. And every time she would stop someplace, they would start to gather around and go, you're ice. Your ice. Get out of how. Shame on you. All this stuff. Well, she eventually pulls over, and she's like, we're not ice. Okay? We're not ice. We have nothing to do with ice. I just want to play a little bit of this because I want to show you how dangerous this situation is becoming. Cut three. So she's pulled over, and she is now being honked at by one of the cars. We aren't ice. We're not ice. We're not ice. So she's coming out, we're not ice. And she's like over an hour. We're not ice. Now the whistles start and if you're watching the video, you will see all of these descend around her car and nothing, Nothing. She says she's being reasonable. Nothing she says is going to satisfy this mob. Please go. Because they've been following us for over an hour. They're following you because your eyes, I mean it's just ridiculous. Okay, stop. So what else happened this weekend? Well, I showed you earlier a video of a self proclaimed antifa member saying get your guns. You gotta stop these people. Now is the time for violence. And you have an ICE agent who had his finger bit off. We have that full screen and put that up. Here's the ICE agent and protesters grabbed him and bit his finger off. I mean that's, I don't know, that's a little insane. Then you have this. Let me play the, the Geez. The ICE agent who's bloodied in front of a hotel because they thought there were ICE agents in the hotel. Turns out there were no ICE agents in the hotel. But you can see one of the. There they are, this hotel. And then you're seeing that the one ICE agent with a bloody nose, blood all over his mask, down his shirt and onto his hands. Don't know how he got bloodied, but I'm guessing it wasn't that he fell and you know, had a boo boo. So you have all of this stuff happening and we now know this weekend it's been confirmed, it is being coordinated on signal. Very, very dangerous. Now let me take it from the other side. Alex Preddy is this guy who shows up. He's part of the protests and he's got the whistle and he's obnoxious and everything else. And he is starting to go after ICE agents and really get into their face. They push him back, he pushes back, push him harder. And it just gets into. Honestly, it's like a little seventh grade pushing match at first it's just so stupid that any of this happened. Well, he gets shot. Play cut nine. Here. This is the ICE shooting video from Alex. There's his whistle and. Oh, that's so great. Okay, now you gotta see him. Go. All these people, all they're doing is just trying to, you know, stop ICE from doing their job. And the ICE agent pulls out a gun and shoots Alex as he's laying down on the Ground. Here he comes, there. They're pushing him. They grab him, they put him down on the ground and there's a bunch of them. Now listen, because you'll hear one of the cops say, gun, gun, gun. Then you hear the shots, okay? And they shoot him. Okay, let me take this from the BBC perspective because they show the other side of this crowd from a different perspective, and I think this is important. Here's the BBC's perspective on what happened. Go ahead and roll that Ros Atkins.