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BLOGFebruary 02, 2018

Real-Life Heroes Turned Movie Stars Share the Story That Became ‘The 15:17 to Paris’

Three young Americans were at the right place at the right time to thwart a terrorist and save a train full of people. Now, their story of real-life heroism is a movie directed by Clint Eastwood.

Spencer Stone, Anthony Sadler and Alek Skarlatos are playing themselves in the movie version of their trip on Aug. 21, 2015 on a train headed from Amsterdam to Paris.

The three 25-year-old friends recently chatted with Glenn about that fateful train trip and how Eastwood talked them into starring in the film.

“It was quick thinking, everyone else was running the other way, and they ran toward the problem and saved hundreds of lives,” Glenn said on today’s show.

Listen to their full interview here:

This article provided courtesy of TheBlaze.

GLENN: Do you know why you were born? Do you know why you're here?

You ever -- have you ever thought your whole life is leading toward one moment, and you never know when that moment is coming?

August 21st, 2015, three American friends, really average guys. They boarded a train from Amsterdam to Paris. They had no way of knowing that their lives were building to that moment. And they would be worldwide heroes, later in the day.

The three friends, Anthony Saddler, Alek Skarlatos, and Spencer Stone, they were on a train, going to Paris. They took a lone gunman down who had 300 rounds of ammunition on board.

It was quick thinking. Everyone else was running the other way. And they ran toward the problem and saved hundreds of lives.

I spoke with them about that fateful day and how their story eventually caught the attention of Clint Eastwood. Alek, Anthony, Spencer, welcome to the program. How are you?

VOICE: I'm great. How about you?

GLENN: Very good.

All right. So I want to talk to you about one thing that, you know, I -- I had a problem with, with the story. And I just want to hear it from, quite honestly, Experience, I want to hear it from you, and then I want to hear the excuses from Alek and Anthony. At some point, you're on this train with this terrorist. And Alek says, go!

And then you go. He's got a gun. And I noticed, at least in the movie, Alek and Anthony, I'll give it to you, Anthony, you were asleep. But where the hell were you, Alek?

VOICE: I've been asking him the same thing for a few years now.

GLENN: Right.

VOICE: He asked me to go. And then he waits for me to make it to him.

GLENN: Look -- no, no, no. Just didn't wait to make it to -- then you're wrestling. And you're trying to hold on to the guy. And, I mean -- I mean, I know that you took the butt of the gun to his head after a while, Alek. But it was a little sloppy and slow.

(laughter)

VOICE: Thank you! America speaks, finally.

STU: Yes. Let's hear the rebuttal, please.

VOICE: All right. Yeah, let's do this.

VOICE: So, first of all, Spencer was on the aisle seat. So he had to go first. I wasn't going to, like, climb over him and then trip in the aisle and just get shot.

GLENN: Right. Right. Usually, that is -- then that phrase should have been, go. I'll meet you in about five minutes.

(laughter)

VOICE: Well, obviously, I was using him as a human shield.

GLENN: Right.

VOICE: I wasn't trying to get shot. And if he was dumb enough to go first, I mean, it's his own fault for getting shot, right?

VOICE: Natural selection.

(laughter)

GLENN: It's -- you know, it's -- it's an incredible story from -- from start to finish, with the three of you. Your friendship. But also the -- what happened on that day.

I was struck by the fact of how many people didn't do anything. I mean, really didn't do anything.

Some people were just paralyzed by fear. But -- but everybody else just ran. And there was no one that stepped to the plate.

VOICE: Kind of hard to ask people to do that, we know. We're all unarmed. And so nobody was really expecting that. So it's kind of a crazy situation to find yourselves in, that's for sure.

VOICE: Yeah, but, I mean, truthfully, we cannot even say that we would have done the same thing, if we hadn't had the confidence in ourselves, just based on the experiences that we had in life. And the skills that we had.

You know, the only thing that really gave me, you know, the confidence to run up at the guy and get up in his face was because I had been practicing Jiu-Jitsu for the last year. And all I said pretty much to myself was, man, if I could just get up in his face, I know I could do something.

You know, getting too close to him. He won't be able to be as effective. So I just -- that's what really gave me the boost.

VOICE: And also too, that I think our friendship -- I mean, we had been friends for so long. I think we knew we would kind of have each other backs. And we all kind of talked about similar situations before.

And we all knew we were kind of, of the same mindset.

GLENN: Do we -- what do we know about the terrorist that was the guy that you took down?

VOICE: Actually, he was later found out to be connected to the Brussels airport bombing and the Bataclan Theater Attack. He was from the same village in Morocco as those guys. And one of the first to come out of that terrorist cell. And so, I mean, he's being held in French custody right now. And he's become a much larger investigation. And hopefully we'll be able to get some more information and be able to relay that soon.

STU: One of the things I remember of when this happened -- because obviously a terrorist attack starts. You start hearing about how bad it could have been. And there's such a moment of pride as an American, to hear that it was three Americans who stopped this.

GLENN: And can I tell you something, when I first heard it, thought it was, okay. Three Americans. And because two of you have background in the service, you just assumed, okay. They're probably Navy SEALs. And I know a lot of Navy SEALs. And they're just going to snap your neck if you get out of line.

VOICE: You're a wannabe Navy SEAL.

GLENN: Right. You guys are not that. I mean, no offense, but you're --

VOICE: Oh, thanks. I'm still infantry.

GLENN: Right. I mean, you're not me. But you're -- but you were -- you were not drilled over and over and over and over again to kill.

I mean, Spencer, you were drilled to heal.

VOICE: Yeah. I mean, but it was -- it was truly a life or death situation. I mean, we had no options. You're on a moving train going 200 miles an hour. This guy has an automatic weapon. I mean, Option A, you sit there, wait till he shoots you. Or you get up and try to do something. And, I mean, that was -- the fight was a fight for survival. It was either he was going to kill us, or we were going to kill him. But luckily, we were just able to subdue him and choke him unconscious.

VOICE: I think that's the best thing about the movie. Because like you said, of course, people remember the headline. And they're like, of course, two off-duty servicemen, of course they would.

But the movie does a good job at showing that we're three ordinary guys that none of us have ever seen anything traumatic like that before.

And I think that that's wild to speak to more of the masses of people, because they'll be able to identify with one of us or all three of us and see just how ordinary we are. And that we were really faced with an extraordinary situation.

GLENN: So, Anthony, if you were -- if -- you know, when they ask -- when Spencer said, hey, come to Europe. And you guys thought that there was a chance something like this would happen. Would you have thought that you were the three guys that would have stood up and done what you did?

VOICE: No.

That would have -- that would have definitely been hard to pay. I would have never thought nothing like that would have happened. But I guess hindsight being 20/20, I guess me being the civilian that I didn't have formal training.

I couldn't have picked two better guys to go on the trip with. So I couldn't have imagined being in that situation with any other two people. That's for sure.

VOICE: That's one thing our families kind of joke about, is that, oh, it would be -- it would be us that did something like that. Not just because of like our training or, you know, anything like that. But just because we're always getting in trouble together and always --

VOICE: And something always happens when we hang out.

GLENN: Yeah. You should stop hanging out.

STU: And stop getting on trains. Please, planes.

GLENN: The other interesting thing is, off of that is in the -- you know, in the movie, it shows that you are troublemakers.

I mean, none of you excelled in school. You were always in trouble. And been most likely -- not your moms. Your moms come off as wonderful mothers.

VOICE: They are.

GLENN: But, you know, besides your moms, doesn't seem like anyone with any authority in your childhood expected anything like this from you guys.

VOICE: That's for sure.

(laughter)

VOICE: There's one thing in life, we never being, like, told what to do. So, I mean, we were difficult kids to raise. But we all are super thankful for the parents that we had, feel like they really shaped us.

VOICE: That's a good theme to draw from the movie too. It's just that, you know, even our success, our failures, they were all part of the bigger plan.

And I think people would be able to identify like that. Like, if they feel like they're on the wrong path, that could be something pushing you in a direction that, for all, you know, could be working in your favor in the future. So it's all part of the bigger plan.

STU: What was it like when you were approached with the idea of actually acting?

GLENN: No. Go before that.

First, what was it like, when Clint Eastwood said, hey, I want to make your story?

VOICE: Well, honestly, we were just extremely excited. Because we've all been -- I mean, we were raised on Clint Eastwood movies. So it was kind of a no-brainer for us. And even when we were talking to him about, how they're going to do the movie. Sully had just come out. So I watched sully. And once I saw how good of a job he did on that, especially, it was just kind of like, let's just let the man work. And let's do it. We were just -- we were just so excited. Because, I mean, you couldn't have picked anybody better to do it.

STU: Definitely. Clint Eastwood, he's legendary first as an actor. And now as a director.

But he made this choice. And in case people don't know, the movie stars -- the three guys you're hearing, the real people who are in the incident are the actors portraying themselves in a movie.

GLENN: Clint Eastwood, you know, didn't get Sully. He got Tom Hanks. So when he said to you, hey, guys, why don't you do it? What were your thoughts?

VOICE: I mean, we were just totally blown away and shocked. We never considered it a possibility because that's not the normal thing. And we also just really didn't want to risk the success of our story. Because we knew it was going to be forever, so we wanted it to be good.

And so, I mean, it's just something that totally came out of nowhere.

But how are you going to tell Clint Eastwood no playing yourself in your own film? It's just something we couldn't turn down. We just jumped at it.

VOICE: Nobody wanted to get that death stare from Clint Eastwood.

GLENN: No, I know. I understand that.

Spencer, you were -- you were wounded, seemingly in the movie pretty badly. I mean, at least painfully

VOICE: Just a flesh wound.

GLENN: Just a flesh wound. And then you went on and stuck your hands in a wounded man's throat to save his life. How long did that actually happen?

VOICE: On the fight took place probably tops two minutes. And then from the point when the attack started until when we got to the next train station, it was about 25 to 30 minutes.

GLENN: Holy cow.

VOICE: And so -- I was over with Mark. I would say it was, yeah, a solid 20 minutes, I had my hand in his neck.

GLENN: And he is -- and he is okay?

VOICE: He is good. And actually, that is another thing about this film. Is, you know, it's not only us playing ourselves. But Mark plays himself. His wife plays herself. We have Chris Norman, the British man who tied up the terrorist playing himself.

One of the same train employees. We had a lot of the same police. Had the same exact medical team that brought us up to train two years ago.

GLENN: Wow.

VOICE: And oftentimes, people, you know, think that we were the only ones that really did anything. But, I mean, without all those people contributing and doing what they did that day, we would have never been in the position to do anything ourselves and be successful at it.

So it's really awesome that they're going to be able to finally get the credit they deserve in such a big way.

GLENN: He did a good job of taking the television footage at the end with the president of France awarding you the legion of honor. Because he was, you know, mixing new footage with real footage. And I couldn't help, but wonder, are your parents the ones in that crowd in the new footage?

VOICE: No. They are -- they were actors portrayed. They were actors.

GLENN: No, no, no. I know that those -- I know the actors. But I mean the other people in the crowd. Did they include your parents at all in this, your moms?

VOICE: No. They weren't able to. But also, on the day of the actual ceremony, there's no footage of the crowd. It was just us.

GLENN: Right.

VOICE: And we have, you know, Judy Greer and Jen Fisher playing our moms throughout the movie. So it would probably throw off the audience at the end if they would have put our real parents in.

GLENN: What was it -- what was it like when, you know, this happened and then you're called to receive the -- you know, the legion of honor award and you're standing how many days, three days later, a week later?

VOICE: Three days after.

GLENN: Three days later.

VOICE: It happened on Friday. And we're receiving the medal on Monday.

So we're going from hostels and doing the cheap way all through Europe, to terrorist attack on Friday, until all of a sudden, in the Élysée with the French president on Monday. So it's -- it's a quick turnaround, that's for sure.

VOICE: Yeah. Staying in the ambassador's personal residence, like, we were sleeping in the same bed like Charles Lindbergh slept in when he crossed the Atlantic. And it was honestly just, like, the coolest experience.

VOICE: My room was called the Benjamin Franklin room, okay? That's where the president stays, when he comes to France.

We really got an upgrade.

GLENN: Wow. And more importantly, the French people were nice to you.

VOICE: We love the French people.

VOICE: Yeah, we love them.

I mean, I feel like that's a common misconception these days, actually. It's very cliche to say. But they're very nice people.

VOICE: But our experience is a little different.

VOICE: Yeah.

STU: You're saving their lives, of course, they're be nice to you.

GLENN: They're going to be nice to you. Trust me, they're not going to be nice to me.

VOICE: We'll be the ambassadors for you, don't worry.

GLENN: Yeah, my wife and I are taking our kids over to Europe this summer for the very first time.

And just last week, we planned a trip from Paris to Amsterdam and back, on that same train. I'm not sure I want to take it now.

VOICE: Same thing.

VOICE: It's a popular thing.

VOICE: Well, now you know what to do.

GLENN: Yes. And here's the role I'll play, go!

(laughter)

GLENN: God bless you guys, thank you so much. And it was -- it was -- it's really stirring -- your story is really stirring. And it was really a great moment, I think for all Americans to -- to watch the French say the truth about Americans. And sometimes, you know, the rest of the world doesn't -- doesn't see us like this. But I think that's -- we all at least want to be in that -- in situations like that. And you guys actually did it. So thank you so much, God bless.

VOICE: Thanks for having us. God bless you too, man.

(music)

GLENN: The new Clint Eastwood movie, 1517 to paris, opens up a week from today.

TPUSA Presents This is The Turning Point Tour LIVE with Glenn Beck at the University of North Dakotaplay icon
VIDEOS

TPUSA Presents This is The Turning Point Tour LIVE with Glenn Beck at the University of North Dakota

In this poignant segment of Turning Point USA's American Comeback Tour live event, Glenn Beck honors the late Charlie Kirk by revealing his private plan to name Kirk as his successor in conservative media, emphasizing Kirk's unparalleled dedication and achievements. Blending themes of faith, history, and personal resilience, Beck shares life principles on forgiveness and truth while unveiling 'George AI,' a revolutionary tool for exploring American history through digitized artifacts and interactive conversations with Founding Fathers.

Trump's peace deal: A new era for Israel and Hamasplay icon
RADIO

Trump's peace deal: A new era for Israel and Hamas

Israel and Hamas have signed phase 1 of President Trump’s peace deal, paving the path for the release of all remaining hostages, hopefully in a few days. Glenn and Stu explain the significance of this historic deal and what it could mean moving forward.

Transcript

Below is a rush transcript that may contain errors

GLENN: Oh. Your initial thoughts here on the peace deal?

STU: It's an incredible opportunity. I think it is important to remind ourselves, that this -- these things typically do fall apart. That is essentially your expectation, any time anything like this happens. Part of this is going to be Hamas coming through on promises.

I have very little belief that they are typically able to do such things.

That being said. They probably also -- you know, one of the things -- a friend of mine pointed this out to me. We were going through all of this.

And he said, you know, one thing to think about it: This is, like, not the B team of Hamas. But the R team of Hamas. They've killed so many of the leadership.

GLENN: Yeah, yeah.

STU: These are people making decisions that were not at the top of this organization and had those ridiculous ideological beliefs that would lead you to October 7th. That's not to mean that Hamas, these people that are left are like, "Hey, you want to invite them over for Thanksgiving."

But I do think there's a possibility here that they're like, you know, maybe this life is not here for us.

GLENN: That would be nice if that were true. I don't know if that were true. But it would be really thyself.

STU: I don't know if that's true. I do think there may be a little bit lower ideological commitment, potentially. And also, the idea that some of these people might be able to make this deal and escape to another third country.

GLENN: Yeah.

STU: And live life there, in a different way.

GLENN: So the breaking news that just was announced, Israel, their parliament or their cabinet just met or approved phase one of the deal.

And Hamas has just come out and said, they accept phase one of the deal.

That means the hostages will be released either this weekend or Monday.

Any remaining hostage will be released.

STU: I mean, just that.

GLENN: Just that.

STU: If that occurs, it is a massive achievement.

GLENN: Yes.

STU: So far, it is already the greatest opportunity we've had.

And only possible because of his detection to this idea!

GLENN: And his deal-making.

Not just his vision.

But his ability to work all of the parties and find out what all the parties need.

And make it happen.

You know, we're not talking about peace between Gaza, you know, Hamas, and Israel.

We're talking about peace in the Middle East.

STU: Yeah. It's bigger. It's bigger than just Israel.

GLENN: I mean, it's Egypt and Saudi Arabia and -- and Jordan to some extent. And -- and Turkey. All of them getting together and saying, you know what! We'll rebuild Gaza. We want to make it into a very prosperous kind of area. I mean, think of places in Saudi Arabia that are so prosperous. That's the way Gaza could be. So they're all getting together and they're saying, "We will rebuild. We'll oversee. We will try to make everything -- you know, keep everything held."

They will put their money into it, which means they have a lot to lose if it goes awry. And they're all saying, "We can co-exist with Israel."

Three years ago, did you even think that was possible?

STU: Yeah. And, you know, look, there are a lot of places you can go and find non-stop criticism of Donald Trump. They will say terrible things he does, and everything he does is the worst thing ever.

GLENN: Yeah.

STU: Also, there are plenty of places you can go where you find that everything that he does is the greatest thing of all time.

I hope you realize that's not what we do here. And I -- on a -- I said this -- and you said this as well when we -- when this was unveiled.

Sometimes, you can get -- people are critical of the way Trump handles these situations.
Sometimes. And sometimes there's arguments on that.
Sometimes it's not the best approach.

You know, we were critical of him, for example, how he handled Canada. You know, probably cost Poilievre that election. And I think that's a really bad thing.

GLENN: I do on top.

STU: That being said, this is a great example of where his instincts work perfectly. This is all set up over a long period of foundational stuff from his first term. With the decision he made, to come out and just announce the agreement with Netanyahu. We agreed. We agreed to this peace deal.

Now, in theory, we have no position to agree between these two parties. But he came out and all of the focus had been, look at all the bad things Israel is doing. Look at how bad, they're so evil. They're so bad.

And he said, we agree with Israel. Now we just need Hamas.

And so the world's attention was like, what's Hamas going to say?

Finally, he was able to focus his attention to the appropriate place. To the party that is holding the hostages, to say, hey. How about asking if they want to a freaking cease-fire for once?

He was able to do that. In a way that I think only Donald Trump could achieve. Which leads to this, over a long foundation.

GLENN: And here's another thing.

You know, this guy has walked through wall after wall after wall of fire. Everybody calling him everything. Nazi, every day.

Here's a guy who, you know, in a time period where the whole world is like, the Jews control everything. Donald Trump is run by the Jews.

He not only kept his relationship with Israel solid and helped them, when he thought they were right. But when they were wrong, in his view, he chastised them.

He knew how to do it. And still hold their respect.

And gained the respect of places like Qatar. And say, so Qatar. When he chastised Benjamin Netanyahu and Benjamin Netanyahu had to I think apologize to some degree about what they did in Qatar.

That's when the Middle East went, wait a minute.

He's not being controlled by the Jews! You know what I mean?

That should be a really big wake-up call to everybody who thinks that Donald Trump is just being controlled by the Jews.

No. No. No. He's not.

He does what he thinks is right. And he'll chastise both sides.

And he will support either side. When they're right, to get to a deal. That's good for everybody.

This deal could be amazing.

I don't have any -- and it's not because of this deal.

I happen to -- I read the end of the book. So I know how this ends.

This will not -- you know, this is not --

STU: You skipped ahead?

GLENN: I skipped ahead. I skipped ahead.

STU: Don't ruin anything.

Don't -- no spoiler alerts.

GLENN: I won't. No spoiler alerts.

Let's just say, this might last for a week. It might last for a thousand years. I don't know.

But we will be in this situation again. We all know that. We all know that. But let's take and celebrate peace while we can.

And the hostage is coming back. That is massive. Massive.

And due to Donald Trump.

Today, if you don't like Donald Trump, fine. Fine.

But how do you take this one apart?

Honestly, how do you not claim this is a massive victory, for the whole world?

STU: Well, I can tell you, that a lot of people on the left are rooting for it to collapse, which is a shockingly revealing moment. I mean --

GLENN: Wait. What?

STU: They are -- you know, they're not going to be out there like, we hope this collapse is.

But you know they hope it collapses.

They don't want to give Trump credit for it.

And they would rather have this continue. They would rather have this war go on.

Than admit that the reason it's ending is because Donald Trump was able to negotiate this deal.

That is central!

GLENN: I think anybody who has played politics with the Palestinian, you know, all that stuff. And all the stuff on the streets. That -- that has been a very effective tool for them. And so I would agree.

And they don't want that tool to be taken away.

STU: You think the Hamas wing of the party wants this? You think Rashida Tlaib is all thrilled about Donald Trump's efforts here. They will hear about Ilhan Omar -- how wonderful --

GLENN: Those are extremists.

STU: I mean that. This is a very revealing dividing line on the left. Right?

If there is anything that is ever going to happen, that Donald Trump can be given credit for. That you think this could be clear. John Fetterman. Fetterman has obviously pretty good on this issue. But Fetterman came out, gave a statement that should be basic. Basic. Like, hey, this is good. And I really hope it works. Donald Trump did a good job on this.

That's the type of stuff that should be obvious for everyone to be able to --

GLENN: That's what "Tip" O'Neill would have done. "Tip" O'Neill and Ronald Reagan, they got together. They disagreed. They fought hard, but they had dinner.

Yeah. Because "Tip" O'Neill could say, that was good. That was good. What he did was just good for all of us.

STU: That worked well. Good. I'm glad that happened. You should be glad that happened. We should all be rooting for the success here.

Even if what the -- you know, like, I rooted -- again, I have all sorts of criticisms the way Barack Obama dealt with the Middle East.

Yeah. Plenty of them. And we went over them over and over and over again.

And plenty of issues with specifically the way he went after Osama bin Laden. But on the day that it happened, really happy about.

Very happy that we were able to do it.

Now, look, it's our military that does it. They can say all this stuff too. They can say, oh, well, the real reason is. Blah, blah, blah.

But we can still be happy, that this occurred. And you can still be excited and give credit where credit is due.

GLENN: This is a win for all humankind. For humanity!

For life!

Stopping Hamas from torturing. You know, torturing kidnap victims.

Stopping the bloodshed that was happening because of the war on both sides.

That is a win. Having the possibility of a stable Middle East, at least for a while. That's a win!

That's a win all the way around. Everyone should be happy. I don't care if you like the president or not.

Everyone should be happy that mankind, put one on the chalkboard for all of mankind today.

This is a huge -- never seen -- this is on the good side. Never seen this one before. Didn't see this one coming.

I mean, we should all be able to say, wow!

And thank you. Because he's the -- I really, truly believe, when it comes to negotiating things like this, there is nobody better.

I mean, that's what he does for a living.

And he knows it. He knows how to read people. He knows how to it.

And this is evidence of it.

STU: And he will do things that are so out of the norm. That it resets everybody's thinking. You know, I mentioned --

GLENN: If he wouldn't have done that. If he wouldn't have done that, we wouldn't have all the Middle East signing on to a peace deal.

STU: I respect. What would they have done in a situation like Trump was with Netanyahu?

Their advisers would have said, "Look, this is great. You guys are together on this. Let's go to Hamas. We'll talk to them. We will see if we can get something done. We don't want to ruin it by announcing it publicly. There are times, where that tactic cannot work. But it worked really well here."

He forced them to basically say, "No, we don't want a cease-fire," or, "Okay. We'll go along with this."

And, by the way, you go down this list, there's a lot of stuff -- this is Hamas never, ever having control of this region ever again is built into this agreement. Now they've only talked about -- they're only on phase one here. So we don't know that we get all of this stuff. But like, there's a lot here that really improves the lives of Israelis, of --

GLENN: Palestinians.

STU: Arab Israelis in the region. You know, Palestinians. Other Arabs in the region.

GLENN: Saudi Arabia. Everybody.

STU: Yeah. Not to mention, just globally.

Right? This is a positive.

GLENN: Look what this does.

That's Turkey. So that separates Turkey from Syria, which is right in bed with -- with Iran.

I mean, think about how this box is. If you have the entire Middle East, now operating with Israel, and saying, we have a right to exist. Think about what that means, for this block, now to Iran. Iran doesn't mind being a pariah.

But now, everyone is officially saying, aisled do business with them.

STU: We will choose business over these guys.

That's a big statement in that world.

GLENN: That's a big deal. Big deal.

Big investors buying gold: What does this mean for your dollar?play icon
RADIO

Big investors buying gold: What does this mean for your dollar?

Gold has reached a record high price of over $4,000 an ounce. So, what does that mean for your dollar? Financial expert Carol Roth joins Glenn to explain why this news is so concerning and why many big investors have started to buy gold.

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, Carol Roth, welcome to the program. How are you?

CAROL: I'm doing great, Glenn! I'm actually celebrating my 26th wedding anniversary today, so it's a blessed day.

GLENN: Oh, my gosh. Congratulations! Congratulations! It's weird. I'm coming up on my 26th on January.

CAROL: Oh, fabulous. Fabulous. It's a good amount of time to be married, yes.

GLENN: It is. It is. So, Carol. Let's talk about the price of gold hitting --

CAROL: It's over 4,000.

GLENN: Which is nuts. And I don't think people really understand. I don't think the average -- this is my guess, and I want you to correct me. I don't think the average person is buying gold. I think this gold-buying is happening from sovereign funds and central banks, mainly. Also, Asian markets. I don't think Americans really understand what $4,000 an ounce means. Can you explain it?

CAROL: Absolutely. I think the world both, investors and central banks are catching up to the things that you and I have been talking about for years. So, you know, we're ahead. We warned everyone. And now this is a little bit of catch-up. Interestingly, you know, as you noted, the average American is very behind in terms of what gold means.

When you look at Chinese households. When you look at Indian household. There are estimates that each one of those country's households owns up to 30,000 tons of gold at this point. Which to put that in context, the US government owns 8,133 times.

GLENN: So the Indian households, all of them combined, 27,000 tons.

CAROL: Right.

GLENN: What we say we have, is he 8100. Wow!

CAROL: So the households in China and India are really ahead of the curve. When you look at data for the US, it's a little bit hard to get good data. But from what I've seen, the estimates are only about ten to 11 percent of US households at all, have exposure to gold.

Now, I know that your audience is very sophisticated and is ahead of the curve. And I would imagine blows through that number. But just shows how sort of unprepared US households are in general.

GLENN: When you're looking at Indian and Chinese households that own gold. Does that include all the gold jewelry?

CAROL: Yes. Yes. That's actually, particularly in India. One of their preferred ways of procuring gold. Yeah.

GLENN: Okay. So gold has -- gold has shot up over $4,000 in record times. I mean, breathtaking time. What is causing that?

CAROL: Okay. So there are a confluence of factors, and I think the two most important factors, which, of course, are linked. Are what Wall Street is now calling the debt debasement trade. Which they're just caught up. And gave it a cute name.

And changing the global financial order. And they're very much linked.

GLENN: Yeah. Tell me, what is it? The debt debasement? What is that?

CAROL: They're doing the debt debasement trade, which is just basically what you and I have been talking about, which is our unsustainable fiscal position.

GLENN: All right.

CAROL: And what all of the money printing that we've seen over the past 17 years, what that has done to our purchasing power, and how that's going to catch up to us.

So as a reminder, our debt to GDP is at emerging market crisis levels. We were at 120 police levels of GDP.

We're running deficits equivalent to a war-time level. Or recession level, while we still have growth.

Which is crazy. We have interesting interest rate -- or interest payments that are outpacing defense spending.

So everyone is now finally catching on to the fact that this is an unsustainable financial position.

And it is going to be very difficult to get out of. Without there being some sort of additional debasement of our currency. Which is a fancy way of saying, a diminishment of your purchasing power.

What's really crazy. There's a chart that's been going around, and they did kind of a comparison of different asset classes. Price in US dollars, price in gold.

So if I look from the end of September 2018, out seven years, and you look at the top 100 NASDAQ nonfinancial companies. It's called the NDX. In US dollar terms, that is up 236 percent. So you think you're super rich, right?

But in gold terms, solid money that doesn't -- you know, that doesn't have its value debased. It's only up 4.7 percent.

GLENN: Oh, my gosh.

CAROL: Yeah. Of course. The S&P 500 up 133 percent over that period in dollar terms. It's down 27.6 percent in gold terms.

And what's called the Case-Shiller Home Price Index, which is the value of homes, the way that's measured. Dollar terms, 60 percent. Oh, houses. So expensive In gold terms, it's down 50 percent.

In fact, right now, it takes less gold in terms of ounces, to buy the median single-family house, than it has in decades and decades and decades.

So it goes to show, that even though we see these dollars. They're buying less and less. And now, you and I were talking about this forever.

But now Wall Street is catching on. Oh, that's not a great thing. And so in terms of preserving the hard-earned capital, we need something that is that -- that hedge. That mutual hedge that is going to retain its value.

And that's why more investors, institutional investors. Funny enough, a lot of millennials, more than anyone starting to really get in to gold.

GLENN: You know why? Because millennials have not been trained their whole life. Trust the system!

CAROL: Yes.

GLENN: And they see it clearly. And they look at it, and they're like, well, this doesn't make any sense at all. And they're going to spend this.

And they will wreck the dollar and everything else. They just see it without being trained over and over and over again. Like, trust the system. They don't trust the system.

And once you realize, the system is rigged in a million different ways. And the system is not telling you the truth.

I mean, that is amazing. When you look at the stock market. And you say, it's actually down, when you compare it in US dollars. To gold!

What's happening -- let me explain this to the audience. What all that means is: Gold is only going up in dollars. It's staying -- it's staying stable. But it's costing you more because of inflation. The dollars are buying less! So it looks like you're paying more, but you're really not. It looks like the stock market is going up, but it's really not! It's what it costs to get in with dollars. If you're going in with gold. You'll actually see that if it was all done in gold, the stock market is down. The price of housing is town.

It's the dollar. It takes more dollars to buy, than it does with gold, which holds its value.

That is -- if people could understand that one thing, that changes all the conversations of, the government has to do something to make housing more affordable. No, they don't. They have to stabilize the dollar. They have to stop spending so much money.

CAROL: Yeah, I mean, if you think of the three definitions of money, it is a medium of exchange. You know, how you helped to exchange goods.

It's a unit of account, which we say, things are priced in dollars, and it's supposed to be a store value. The unit of account, that you just talked about. My friend Steve Forbes has a great analogy, and he talks about other measurements.

You know, imagine that your clock, you know, one day, at 12 o'clock, you know, means midnight. And another day, 3 o'clock means midnight. Or 6 inches to measure a curtain one day. And then the same measurement is like a foot, a different day.

You can't have -- a consistent measurement if the unit of account continues to change. And that's what we've been seeing here with the dollar. And unfortunately, it has not been to our favor.

Which means, that when you work really hard to earn something and it's valued in a dollar, that over time, that -- that work that you put out, your productivity is worth less and less.

And so what gold is meant to do. It's meant to be Capitol preservation. It's not a risk asset. It's not meant to take on risk. And maybe go up a ton. And maybe go down a ton. It's really meant to be a counterbalance to what you have earned. So that you can preserve your purchasing power.

GLENN: You know, I've been saying this for a long time. That you put your money. And I have money in the stock market. You put the money in the stock market.

If things really go awry, go ahead. You're going to cash out for an awful lot of money. But those dollars. It will be paid back to you in dollars.

Those dollars will be worth less, even though there's more of them stacked up, than that ounce of gold, or, you know, that 10 ounces of gold, or whatever you had!

The stock market is paid in dollars. And so as the inflation goes up.

But gold keeps its value!

Keeps its value and hold it steady.

So, yeah. You will be paying more in dollars if you try to sell your gold. But that will continue to increase while stock markets will go down. Am I right?

CAROL: It's a counterbalance. So if things were to shift, and for some reason, you know, things were to change with the dollars, which we would need a lot of different catalysts. Then your gold goes down. It's a counterbalance, which is why it's important to have that diversification in your portfolio. And to have the gold hedge.

What's interesting, Glenn. Just the history, we're talking about millennials.

You know, they went through the great recession. Financial crisis.

They're kind of keyed into this. But if you think about when we came out of the '70s with this crazy inflation. We came out of the gold standard. It used to be very commonplace for a financial adviser to sit down and say, okay.

We've been through this. And so you should be putting, you know, five to 10 percent of your portfolio in gold. As the stock market took off in dollars. And became this big thing.

And they started seeking fees. That went away. Financial advisers, who don't get paid sometimes at all, when you allocate to gold. Stop recommending it.

GLENN: Yep.

CAROL: And now we're seeing a shift back, now we're seeing, you know, oh, yes. You should have some. Some of the big names out there saying, even more.

GLENN: Ray Dalio just came out and said, 15 percent.

CAROL: Yes, we've seen big names like that, anywhere from ten to 20.

And when they surveyed high net worth investors, which are $250,000 in assets or more, they're averaging right now, 21 percent of their holdings in gold.

So it's a very big flip in recent years, on how this is being viewed bit people who have accumulated those dollars and are worried about them.

GLENN: Okay. So let me just summarize here before we move on. On to some other questions.

That is exactly what my grandfather who lived through the great depression said. What are the people with big large amounts of money doing?

I want to do that. And if I did do that. I would be better off in the great depression.

You just heard it, 20 percent or more, right?

From big dollars.

They're investing in gold. 20 percent!

You should -- you should have some!

CAROL: And it's interesting. Some of the portfolios we're seeing is coming from not only the equity peace, but from the fixed-income peace, which is pretty interesting too.

GLENN: Amazing.

Unmasking Antifa: The Dark Truth Behind Its Well-Funded Network | Glenn TV | Ep 461play icon
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Unmasking Antifa: The Dark Truth Behind Its Well-Funded Network | Glenn TV | Ep 461

The cities of Portland and Chicago are turning into war zones. Federal agents have been ambushed, police have been ordered to stand down, and mayors are defying the Constitution. It’s insurrection in plain sight. Glenn Beck heads to the chalkboard to uncover the hidden support and funding networks propping up Antifa. Glenn debunks the myth that Antifa is decentralized and leaderless, tracing connections from Soros to Tides and other shadowy nonprofits. Plus, independent journalist Nick Sortor joins from outside an ICE facility in Portland, where he was wrongfully arrested by police following attacks by Antifa members.