RADIOOctober 27, 2022

Why a HUGE ‘migration’ of gold to Asia should WORRY YOU

Bloomberg recently published a piece called, ‘The Gold Market’s Great Migration Sends Bullion Rushing East.’ The article notes that China has imported 160 TONS of gold since April, India has added 80 tons, Turkey 62, and the list goes on. Is the U.S. — or other Western nations — selling gold to China? And if so, why wouldn’t we be buying it, instead? Carol Roth, financial expert and author of ‘The War On Small Business,’ joins Glenn to make sense of this ‘head scratcher.’ She theorizes what’s REALLY going on with gold, and she explains why the U.S.’s lack of longterm thinking regarding gold, should worry you.

Transcript

Below is a rush transcript that may contain errors

GLENN: All righty then. I saw a -- I saw a disturbing story from Bloomberg. Last week. And I haven't mentioned it because I wanted to make sure I had some facts on it. I called Carol Roth. I called everybody I know. And they said, that doesn't seem. Well, I don't know. Let me look into it.

Carol is here to explain this. Here's what I found in Bloomberg.

Asia has net imported gold from the West. Since April. The trade flow into China. 160 tons of gold. Into India. 80 tons. Into Turkey. Sixty-two. Thailand. 38 tons. Saudi Arabia, 20 tons. Malaysia. 4 tons. Hong Kong 3 tons.

Where did they get all this gold?

Well, the UK sold 15 tons of gold from their Treasury. 32 tons. South Africa. Canada, 33. Australia, 34 tons. And the United States of America, sold 136 tons of gold. If we send that to China, why are we selling gold when smart money would be buying gold? Hopefully, Carol will have an answer for us in 60 seconds.

By the way, as we're talking with this, let me tell you about Goldline. The United States top economists are saying, that we will enter a recession, in the coming 12 months. If we aren't already in one. The only reason why we're still debating this. Is because Republicans don't have control of the House or the Senate. As soon as they get control of the House and the Senate, I can guarantee you, we're in a recession. And it's their policies that put us into one. In fact, Joe Biden said it just this weekend, they're going to collapse the economy. That's their plan. To collapse the economy.

Oh, shut up. How do we -- I was going to say, how do we -- how do we deal with the amount of lies and smoke screens, that are put out?

Well, you just have to know what is true. What is true always has value.

The dollar won't always have value. Because it's no longer true.

There's no full faith and credit in the United States of America anymore. So what is true? What does the world always respond to?

Gold. They always -- look what China is doing. And India. And then look at what we're doing. Goldline has a deal this week, on their historic graded 5-dollar gold Indian coins. With every box of 20 of the graded coin, you'll receive 100 of the silver Mind Your Business bars at no cost.

That's a great deal. Both of these items are ideal for barter. Not that I would suggest you do this. I'm a coin collector myself. 866GOLDLINE. 866GOLDLINE or goldline.com.

Carol, please tell me I'm reading too much into this. Please tell me. Please tell me.

CAROL: So this has been a little bit of a Nancy Drew mystery for me, Glenn.

I saw this Bloomberg piece as well, and it was a little bit of a head scratcher. So I'm going to take you through some of the things I found, and hopefully we can piece this together.

GLENN: Okay. This is really weird.

Because I went to some really big brains, that know this kind of stuff. No one had an answer for me.

CAROL: Okay. So I think -- I'll wrap it in a bow first, and then I'll walk it back. But I think this is the short-term trader mindset, versus people who have a long-term view on the world. So this is short-termism, versus long-termism.

GLENN: Uh-huh.

CAROL: So the first thing that we have to understand, the thing I did was went, oh, my gosh, all this gold is flowing east. Or where is it coming from? Is our central bank that dumb, that they're selling gold?

So I pulled a chart of central banks. And central banks have been net buyers of gold, for most of the year, since April. Which is the same time period of the chart.

That's April to August. They have pretty much everybody is a purchaser of gold. There's almost --

GLENN: Including us?

CAROL: Just a tiny little bit -- every central bank in the world. Which means, even if we're not purchasing it. We're not selling any. There's almost no net sales. So that means our central bank is not the one selling this. We'll take that off the table.

GLENN: Here's what I couldn't figure out either. Is the Treasury the same as the central bank? Does the Central Bank have all of the Treasury's gold?

What --

CAROL: So they're probably not.

But let me walk through where I think this is coming from.

GLENN: All right.

CAROL: So the second piece I went to, was the consumer market. And consumers, seeing what's going on with inflation.

Understanding that a recession is here, and that it's going to get worse next year, have also been buying.

And by the way, we can't supply them. So both here in the US, as well, particularly in the east, much more in the east. There's been an additional premium.

And I'm going, what's going on here. What you have to understand about the market for gold, is that the prices for the gold, when you call Goldline, to buy your gold, like you and I do, Glenn. You're buying physical gold, but that price isn't being set by the supply and demand of you and I buying it.

It's being set by these future markets. By these traders, who are trading contracts.

And all of these derivative products, the options, the futures, they are so much larger than the underlying product.

And, yes, if this sounds like a familiar story. It is one. But the research estimates put the sides of these futures market, at 200 to $300 trillion of value being traded. With the underlying supply of goodly. The underlying supply of gold, underlying supply of gold is like 11 to $12 trillion.

GLENN: This is why I say all the time. Don't buy paper gold. Don't do it.

Don't do it. It will be worthless in the end.

CAROL: Exactly. So let me tell you what's happening. These traders are looking at not just what's happening in the physical supply demand. They're looking at little blips on their screen. And they're saying, oh, well, historically, when we have a strong dollar, that means that's not good for gold. So we should probably get out of it, as the fed tightens their monetary policy.

They have gotten to the point, where these crazy traders are actually not short on gold. Meaning that they have sold more than they have. And this is only the third time since 2014 that this has happened. This happened in 2015. It happened in 2018. And what my researchers have told me is both of those times, as you can imagine, when you have all of these shorts out there, but this crazy macro economic environment. It's prime for a short squeeze. And that's set major floors, and there's been huge rallies involved.

So once again, we have the financialization of a product. A product that is very important to us.

You know, being bastardized by Wall Street. And what happens, in China. And India. And other parts of Asia. Is that they're smart. They go, well, the price is falling. We should load up on it.

Buy low. Sell high. So they actually create a floor for the price of gold. Because they know they can get it at cheaper prices than it's actually worth. So they go in, and they load up on it.

And that's the tenor of what's been happening here, which is just complete insanity. So my speculation, is that institutional investor's gold, that is flowing because these traders are doing the same thing that the traders always do. They're being short-termed, grubby, greedy, and not looking at the bigger macro environments.

GLENN: That means, then we are doing that. We as a nation are -- we're going to be the opposite of the big short. Right?

We're selling, when we should be buying.

CAROL: So the good news is, our central bank. Our country has -- and, again, if this is true. Right?

So I'm just going to report what's being reported. I did not go to Fort Knox and verify, that the gold is actually there.

But we actually have the most gold in the world per -- by a country.

GLENN: I do not know if I actually believe that, but they say -- they say that's 85, or 84.

CAROL: 8100 tons. Tons. Yes.

GLENN: Tons. How much is that worth?

CAROL: I knew that you would ask me that question, and it was Monday, and my calculator wasn't big enough.

GLENN: Try it.

CAROL: It's a lot. A lot.

GLENN: I looked at it, and it's in the two or three digit trillions.

STU: Give me the number one more time.

CAROL: 8100 tons of gold.

GLENN: Which is about 32,000 ounces per ton?

STU: Thirty-two thousand ounces per ton?

GLENN: Yeah. And gold is trading at about $17 an ounce.

So how much is -- if they say we have this -- to me it makes no sense.

STU: 1700 an ounce, you said?

It's a big number. Let's --

GLENN: Yeah. Go ahead. Try to figure it out.

STU: Yeah, I know. Here we go.

CAROL: This is a lot for a Monday, guys.

STU: $440 billion dollars plus.

GLENN: No, no, no. Billion. It's higher than that. It has to be trillion.

STU: I'm going by your numbers here.

GLENN: 32,000 ounces, times eight.

STU: Thirty-two thousand times 8100, times 1700. So I'll do it again. 8100 times 32,000 times 1700, is, let's see. Yeah, 440 billion.

GLENN: No.

STU: So, again, I think maybe you're -- are you sure about that number of 32,000 ounces? I don't know --

CAROL: I will look that up.

STU: Too low.

GLENN: Look it up. Yeah, that's way too low.

It's got to be in the trillions. It's got to be in the trillions.

CAROL: It's probably somewhere I would say between 440 billion and a trillion dollars.

Again, like you said, it's just the central bank piece of it.

At any rate, the U.S. has more than any other individual country. The Eurozone, as a group, actually has more than the US.

And on a sort of tons to GDP, you know, value standpoint. You know, we are -- you know, we're not quite at our GDP, but we're in sort of a good position.

The only ones that are really stacking up via their GDP, is the Eurozone and Russia. And now China is starting to continue to add to that.

So, you know, it's a very strange situation. And it's also a strange situation, Glenn. If you think about the fact that the traders are doing this, based on, quote, unquote, dollar strength. Because they're looking at the dollar strength versus other currencies.

But they're not looking at the dollar's lack of strength at home. The dollar is not strong when you go to buy your groceries, or you go to pay your rent, or you go to heat your house.

And so that is the challenge. That is what we are. When we go and we buy physical gold, that's one of the things we're continuing to protect against. The continual debasement in the value of the dollar. So there really is a setup here. Potentially for, you know, some sort of a squeeze. Or even the collapse of some point of the paper gold market. Which means, eventually, things would change, to going off the actual spot price, of supply and demand. Which is how this should be based to start.

GLENN: Okay. So I should not be worried that Bloomberg's headline is, gold's great migration, sends bullion rushing east.

CAROL: No. I think you should be worried. And I think the reason why you should be worried is the people in Asia are taking a long-term view. And the people in the West are not. And that is going to come back to bite us. And by the way, usually this ends up flowing back. When the price goes high, in the past, it has flowed back. Because, you know, of course, we'll buy it at the higher price --

GLENN: Which is so stupid.

CAROL: Which makes no sense.

But the people I'm talking to, who really know this stuff, say not this time. We're in a new financial world order, something is going to shift here, and so don't expect that flow to come back the other way.

GLENN: Wow. One last thing, Carol. I appreciate your work on this.

Because I couldn't -- I couldn't make heads or tails of this, and our gold situation is so not transparent in America.

CAROL: It's a travesty. It really is. Something needs to change with this market, it does.

GLENN: It is. The other question is, we just sent the 101st Airborne, over to support NATO.

The Pentagon said, this weekend, we're ready to go to war if we have to go to war with Russia and Ukraine. What does war mean to our economy, if -- if it starts, with Russia?

CAROL: I mean, you know, there's obviously a bunch of layers of scenarios, depending on how bad it is. Certainly, the defense sector will be doing very well.

And it's just a question, of how much is this being fought over there? How much of what we're doing ends up being disrupted? Or does it end up being something that looks more like the recent wars that we've had in Afghanistan. And the like.

So I just it really depends on the scope. But, certainly, if we get into a big escalation here. And this becomes something that is like a world war, a true world war. I think we can all pretty much not take a pretty big leap of faith. To guess, that that is not going to be a good sign for our economy, particularly at a time when the economy is breaking down, and the Federal Reserve has been taking steps to damage the economy to do that, quote, unquote, demand destruction. To create higher unemployment. All of those things. You know, not that there's ever a good time for a war. But it will just exacerbate those issues.

GLENN: Okay. I would love for you to look into something else. Right now, Biden is saying, the G.O.P. will collapse the economy. What he's saying, they will shut down the government. That's a lie. You can shut the government down.

Pay your bills. And not go defunct. Can you not?

CAROL: I would love them -- when they shut down the government, they can't spend any money. He's basically setting this up. He knows the Republicans have a strong chance here. And he knows the economy is going into a worst condition. He's basically setting up the blame for the things he has been created. He's already pinned it on things that will happen.

GLENN: Right. I would like you to look at, how the government actually pays its bills. And you don't go into default if you're a nation, if you shut down. There are ways to do it, so you don't go into default. So we can stop this madness.

CAROL: And we can bust this. I have this great deficit myth, when you have a $1.4 trillion deficit on 40 percent more spending. Would love to chat about that with you.

GLENN: Okay. Good. Thank you very much. Carol, we'll have you on maybe later on this week.

We'll cover both of those things. That's Carol Roth. You can follow Carol, @CarolRoth. CarolRoth.com/Glenn is where you will be taken to her page, where you can find all the information she does with us. CarolRoth.com/Glenn.

WARNING: Digital slavery is HERE | Whitney Webb sounds the alarm

Artificial intelligence is being sold as the ultimate tool for progress and convenience, but at what cost? Glenn Beck sits down with investigative journalist Whitney Webb to uncover how Big Tech and government powers are quietly constructing a “digital prison” that feeds on human data, erodes individual freedom, and conditions society into passive dependence. Webb exposes how the seductive promise of comfort and automation masks a deeper agenda: cognitive manipulation, emotional engineering, and a move toward a post-human future.

Watch Glenn Beck's FULL Interview with Whitney Webb HERE

Is AIPAC proof that Israel CONTROLS the US?

Glenn Beck was recently asked a question during his TPUSA speech at the University of North Dakota: Is the fact that AIPAC doesn’t have to register as a foreign agent under FARA evidence that Israel has unprecedented control over the United States? Glenn did his homework and presents his findings: It looks like the real issue is our own laws…

Watch Glenn's TPUSA speech HERE

Transcript

Below is a rush transcript that may contain errors

GLENN: There is a -- a phrase that is carved into the marble at the Supreme Court, and it says "equal justice under the law." Equal justice under the law.

That is the one thing that we've really forgotten about here in America it seems. You want special justice. You want justice for this group or that group. But, no, I want equal justice. It's why justice is blindfolded. Justice should never see who is at the bench.

They should see, what are the facts of the case? And who is at the bench should not make a difference. I don't care if you're rich or you're poor, you're homeless, or you're Bill Gates. I don't really care. I want to know the facts. And then we judge that, not looking at the person.

That's the closest we can come to perfect justice. And the farther -- the more we take that blindfold off of justice, the more corrupt justice becomes, and we know this. Because that's why if you were black back in the day, you couldn't get a fair hearing. A fair trial. Because justice wasn't blindfolded, okay? That's why it's up on the Supreme Court.

Equal justice under the law. And it's not a suggestion. It's not a slogan. It is the beating heart of the American experiment. You know, no man. No movement. No institution. No creed stands above the law!

Now, the reason why I bring this up, is because last week I was in a turning point event in North Dakota, and I said all the way through, "I hate these question and answer things."

Because I don't believe -- hate conflict. And I also don't believe anybody is doing anything other than trying to win. When you're in a crowd, somebody is trying to win. I don't play that game. I don't like that game.

I like honest questioning. And you also have to have a debate, where you can talk about -- you can talk about subtle things. You know, you can -- you have to be able to look at things, not everything is black and white.

There is right and wrong, yes. But now, how do we get there?

For instance, last week -- yesterday, I talked to you about AI. Earlier, this seems like last week already. Earlier in hour number one, in the podcast. I was talking to you about AI.

And I don't know the right answer on that yet. We have to have that debate.

But an honest debate on things. So last week, I started taking questions, and, boy, did they take these and selectively edit. Interesting.

But I was asked, you know, Glenn, how come AIPAC -- that's the American-Israel Public Affairs Committee -- how come they don't register as a foreign agent under FARA, the Foreign Agents Registration Act? Well, I know that Hunter Biden was supposed to register under that. Or was he?

Now, I said at the time, I don't know anything about it. I haven't looked into that. But I will do my homework on it. Because I want to know. And my guess is: If they don't, then there's something wrong with our law! Okay?

Either they're giving special favors that they shouldn't, or many people are getting special favors, and they shouldn't. Everyone should have to obey the law. And equal treatment.

Justice is blind. Okay. So let me tell you now.

I went home. I did my homework. Let me tell you what I found on AIPAC. First of all, it is bigger than AIPAC. Much bigger. It is a mirror held up to an uneven application of American law. Let me tell you what FARA is supposed to do. It was passed in 1948, to stop the Nazi propaganda. People were -- there were lots of Nazis here in America. And it requires anyone that is working on behalf of a foreign government, to register as a foreign agent.

Seems simple.

But is it?

It requires transparency and accountability. But here's where it gets murky in the law: AIPAC is an American lobbying organization, registered under the lobbying disclosure act, not FARA.

Because it's funded and run by American citizens, not a foreign government. Now, that's the legal line. Now, I don't agree with this. But that's the legal line.

But AIPAC is not the only one running this. So why are we only hearing about the Jews controlling the government, when -- and AIPAC doing it, when they're not the only one.

Did you know the National Iranian-American Council, the Armenian Assembly of America, the Turkish Heritage Organization, even Saudi Arabia's ARAMCO, their subsidiary, Motiva operate under exactly the same -- you want Saudi Arabia and ARAMCO?

Why are they not paying it? Why are they not registered under FARA? Now, some people will defend this. Because they say, these are groups of diaspora. They are US-based subsidiaries. They have domestic roots, et cetera. I don't buy any of that bullcrap. I mean, that's me. I mean, we can argue it, but I don't agree with that. Because I think it's a really dangerous loophole that allows quiet foreign money to come in and influence and hide behind a US address.

But here's where it gets serious. This is not just a legal issue. This is about truth.

When you and I or anyone else, begin selecting only the facts that make our point, while ignoring those that don't, we stop doing research, and we start doing propaganda.

If you've listened to voices that pick and choose data, to inflame your anger, you have to start asking yourself this question. Is my source being honest.

I ask you all the time, do your own homework.

I'm the guy who I think popularized that with the youth now.

Do your own homework.

Don't take my word for it. Do your own homework.

But that requires that you do homework on all fronts. You ask honest questions. Am I wrong?

Is this wrong?

I want to read the opposite side. And I want to see what's credible on both sides and bring it together.

Example, once you learn that the Iranians, Cubans, Saudis, Armenians, and Turks all have the same objection, yet it's only the Jewish organization that is accused of secretly controlling Washington, do you see -- a disturbing pattern here.

Because the -- the argument starts to sound less like a legal concern, and more like something far older and darker. And that was my point. I said, look, you don't to have agree with Israel.

I don't want to fight their wars. I don't want to do anything. I support them in their right to defend themselves as they see fit.

I don't support anything like genocide. I don't believe they're doing genocide.

I do believe Hamas is. And I do believe you can make a very, very clear case, that Hamas, Hezbollah, Iran are evil.

And I said, look, you don't have to accept Israel. And you don't -- you don't have to accept Hamas. You can say nobody is a good guy in this. But when you look at things like AIPAC. If there's more, and this is what I said, if it's about something legal, then we have to correct that. And the argument would be over.

I could say what I'm saying today, and say, look, we should have listened to Tom Cotton. He introduced legislation on this. All of this has to stop.

So let's do that. Why are we dividing ourself on an ancient Jews control the world thing, when that's not even true about AIPAC, okay?

Because everybody else is doing that too. The problem isn't Judaism. It's not Islam. It's not any one nation. Quite honestly, if you want to be honest, the problem is our laws and our politicians.

Equal justice under the law. It must be our demand every day. Jew, Muslim. Gentile.

Hunter Biden. Everyone -- everyone should be the same under the law. What's happened instead, is that this loophole has become a weapon.

And people twist it, to their own, you know. Their own the light.

To suggest that AIPAC, you know, runs the US government and the Pentagon and the president, which is laughable, especially this week. That is laughable.

Just look at the events of the last few days. Do you really think that Donald Trump is being controlled by Israel?

Have you heard what he has said to Benjamin Netanyahu?

Have you seen all of the Egyptians and the Saudis and everybody else and the Arab world, all now lining up for this peace?

When he bombed -- when he bombed Iran, he's not fighting Israel's war.

When he bombed Iran, it wasn't for Israel. Any more than it was for I didn't want and Saudi Arabia. You found out yesterday, that the one thing they all unite on, is that Iran is the real problem there.

And what he did was a -- a show of peace through strength. The same principle, that ended the decades of stalemate between Arab nations, and Israel.

And here's another thing. When you stop sending pallets of cash, to your enemies, and you start saying, don't do that anymore!

And I'm serious. They tend to listen.

And what was the result?

You could speculate, and I worried at the time.

I said it, on the air. I'm worried that this could slate things.

But it didn't. So what is the result?

The result was not an endless war where we're over fighting in the Middle East. I don't want that. And neither do you.

The result was true Arab Israeli peace. The first chance of true peace in -- in a millennia.

And now, he's taken that credibility of saying, look, I'll be tough on the Arabs. I'll be tough on the Iranians. I'll be tough on the Jews. I'll be tough on Hamas.

However, I will say, Hamas, you do these things.

And I'm with you. He yesterday invited Iran into the League of Nations.

Look, just because we bombed you, it doesn't mean we hate you. We want you to have peace.

So come on in. Now he's taken that same credibility, and now he's turning it towards Russia and Ukraine. And he's doing that.

He's meeting with the leadership of Ukraine, on Friday.

And he's going to apply the same exact principle.

And here's what's going to happen.

The same people who said he was once a Russian puppet, will now accuse him of getting us into a war with Russia, and do Ukraine's bidding.

Which one is it?

Which one is it?

May I suggest a third reason? Maybe, just maybe, for the first time I believe in my lifetime, we are seeing America -- an American president doing America's bidding.

Trying to broker peace. Trying to keep us out of these endless wars.

Because honestly, isn't that what all of us want. I don't care who you voted for. Do you want more foreign wars?

Because I don't.

I'm tired of it.

Do you want to see more blood and treasure spilled in some unknown country?

Wants that -- isn't that what we all want is an end to these wars. No more young Americans spilling their blood in distant deserts or frozen tundras, for somebody else's freedom, who I don't even know if they really want freedom?

I want freedom here.

I want to -- I want to able to show the world, what people who actually understand what freedom is.

Know what the high price is, that we have to pay for our own freedom. Not your freedom.

Our freedom. What we can do in that freedom.

We want to be a shining city on the hill.

That everyone can look at, and go, look at those guys. I want to be more like them.
Not going over to other countries and jamming it down their throat. I want peace, but peace grounded in strength and honesty.

And the unbreakable, carved in stone, promise of equal justice under the law.

That's what we have to do, to restore faith in the republic.

We have to stop taking little bits and pieces. Look at the whole thing and say, what's corrupt? Well, what's corrupt here might have started as a good thing. But it's no longer a good thing.

We have to change the law. Equal justice under the law.

I'm sorry. If you are doing the bidding, Hunter Biden or AIPAC. Or the Iranian Council or Armenian Council, or whatever. I'm sorry.

We have to tighten this down. Because money has changed. It's changed!

Things that were happening in 1945, 1955. '85. '95. So that I have.

It's changed, and I don't want any foreign influence coming into this country, unless we know exactly you're -- you're influencing for a foreign country.

Because this is what makes us different than every other country that has come before. And that's not ideology. That's not party. That's not tribe.

That's how we have to define America again. If we're going to survive.

So you may not like it. I'm sorry.

But you asked me to do my own homework on AIPAC. There it is!

There's a QUIET WAR brewing with China…

There is a quiet war brewing between China and the US over rare earth minerals and AI. We CANNOT lose this war, Glenn Beck warns. But can we win it without destroying ourselves in the process? Glenn Beck explains why we must have this conversation and connects 4 stories from around the world that reveal what’s coming…

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. I told you about gold here. Record highs.

And it is telling us something. Usually, it would tell us if the dollar is in real, real trouble. I think, and I am guessing at this now.

But I think what this is telling us, is that the whole world, the system is in trouble. And let me give you an example. I'm going to talk to you about something to try to make sense of it here. But I do have a good answer. Because we're not having these conversations. I have told you for almost 20 years, when it comes to AI. We must have these conversations now, because the world is going to change overnight. And we are at that point! We are at the point of singularity. Where there is no turning back. And we haven't had these conversations. Do you want to win the AI war?

I will tell you, we cannot lose it. But to win it, we may have to sacrifice so much on the altar of liberty, that I don't want to fight it!

So what do we do?

Let me explain. Something has shifted in the world. And most people cannot feel it yet.

But if you're paying attention, you understand, there is something on the horizon. One day soon, we're going to wake up, and we're going to realize, uh-oh. I think we crossed the line here. Quietly, silently. While no one was paying attention, everything changed.

Over the past few days, while the world was paying attention on what's going on in Israel and the Middle East. There's a couple of other really important headlines that caught my attention.

And at first, they all seemed unrelated. Just random stories from around the world. But when you look closer. And this is what I think I do best.

I take things that are seemingly unrelated. And say, wait a minute. Wait a minute.

I think they all fit into this category.

So let me give you some threads here.

First thread is China. Beijing just tightened its grip on rare earth elements. These are the minerals that make absolutely everything possible. Your smartphone. Your electric car. Your missile defense system. Your refrigerator. Everything depends on these rare earth minerals. China, because of our inaction and stupid policies over the last couple of decades, control now, 80 percent of the world's supply chain. That cannot stand. Now, what they're doing, is they're choking it off! They're now closing it up, and they are threatening the West. No more rare earth -- rare earth minerals. If that happens, we cannot defend ourself.

Do we have rare earth minerals? Yeah. We have lots of them. But we're not mining them.

It will take a decade to start mining them, up in Alaska. Where they mainly are.

That's why Donald Trump was saying, we need Greenland!

That's what he was saying. Rare earth minerals. Because they're already mining them there. And we cannot lose them!

Now, they're choking it off, and rare earth stocks exploded overnight.

Because whoever controls those minerals, controls the future. Now, here's the second threat, the Pentagon.

Out of nowhere, they made a billion dollar emergency order for those same rare earth minerals. That's not normal. That's not paperwork. That is the sound of the military quietly preparing for something, a shortage. Possibly in a storm. Like I said, we are -- because of what Biden did in Ukraine, we are -- are wholly unprepared for any kind of military action. We don't have the materials.

And at the same time, everything is changing to high-tech. We don't have the rare earth minerals, and the chips now, to make our guided missile systems.

The third threat, JP Morgan Chase. One of the most powerful institutions on the planet, just announced this week, a $1.5 trillion investment plan. In what they call security and resilience.

That's not going to mom and pop shops. That's not going to community loans. That money is being funneled straight into AI, defense manufacturing, and critical minerals.

It's as if the Pentagon and Wall Street just linked arms and decided to build a fortress economy together.

Then came the fourth threat. Nobody paid attention to this one. In Europe, the Dutch government just seized control of the Chinese-owned chip maker on their own soil.

They invoked emergency powers and nationalized the company to stop the Chinese influence over the semiconductor industry. That's not good. Four stories, four continents, four quiet tremors in the ground. When you weave them all together, that's when you begin to understand what all of this means. So let me try to do that.

The old world, as we know it is dying! Pragmatism the world of free markets. The world of open trade. Individual enterprise.

The world that lifted billions out of poverty, is being replaced now, slowly, but surely by something new.

And this one is being done in the name of security.

And I don't have an answer for this. This is why we must pay attention, and talk about it now!

Corporations now are aligning with state power. Before, we had the tech industry, aligning itself with the government to control speech.

This is the government aligning themselves with tech rare earth minerals, et cetera, et cetera. To be able to win the AI war.

This -- this -- all of this is a single unspoken motive. And that is, the race to dominate artificial intelligence. This is the new arms race. This is the nigh Manhattan Project. The new nuclear weapon. Except, this is a million the times more enslaving than nuclear weapons could ever hope to be.

Whoever masters this first, whoever gets to AI and AGI first will control the economies, the information, even your thought itself.

Every rare earth mineral, every chip, every line of code, they're all ingredients in that same contest. And the nations are moving fast. They're hoarding materials now.

They're beginning to seize companies.

They're building walled off supply chains. This is happening on their side. And on our side.

And the free market in this particular place, is no longer free. It's being drafted into a digital Cold War. Now, that sounds bad, but now let me tell you the danger that nobody seems to get.

When nations go to war, even an economic war, freedom always becomes a casualty. We tell -- we tell ourselves, we're fighting for liberty. And we are!

Because we don't want to live if had a society like China, right?

I don't!

But when survival is on the line, governments tighten control for our own good. They regulate. They ration. They censor. And one day, you look up, and you realize, the line between democracy and technocracy is gone. If the -- if the West wants to win this AI war and we must, then we have to have a conversation.

Why are we even fighting this war?

Because if in winning it, we become China. Why not let China just win?

If we adopt the same top-down control. The same surveillance. The same emergence of government and corporate power. Then what did we actually win?

Didn't we just trade one master for another?

The old global system, free enterprise, open markets, individual liberty.

It is being rewritten in real time.

And the threads are now all coming together. And they are -- they are weaving a new tapestry.

I don't know what the tapestry looks like. I can guess what that tapestry looks like.

And I don't like it.

Will it be woven, from freedom, or will it be woven from fear?

If we lose sight of who we are -- look, our global leadership, it's already lost sight for who we are. They don't care. They don't care.

None of them care. They'll get to this global dominance over the individual, one way or another, in their book. You must care. You must stand for freedom. You must be at the head of having this conversation. Because if we lose sight of who we are, it -- this tapestry is going to be strong, efficient, and unbreakable.

But it will not be free. Some take can, historians will look back at this moment, and they will go, what happened?

They're going to see these quiet headlines. These invisible decisions that are being made right now. And they will realize, this is when the new world began. They will be able to look at this point and say, this was it!

Why didn't people see it?

Hmm.

The answer to that is office.

We have -- we're overwhelmed with everything that we have to do. Everything we're looking at.

This has been a very well-planned takeover of freedom.

You have to ask yourself: When the weaving is done, whose pattern will we be living in? Because that is what is coming.

There's a story in the show prep today, that I really want I to live. I will talk to you about it in a second. Western executives who visit China are coming back terrified. You don't have any idea how far China is ahead of us.

And you can say, well, I don't want to be China. Well, you will be China, and China will be controlling you, if we don't push back.

But how do we push back, without becoming China.

Listen to this next story.

You can find it in our headlines. If you just go get the free email newsletter, at GlennBeck.com.

Western executives are visit China are coming back terrified.

I will explain it to you, coming up in a second. First, our sponsor this half-hour, it's JASE Medical. Headlines, this week. Have been a mix of relief and reality. Good news, in some places, in chaos and uncertainty, still just one turn away.

If there's one thing the past few years have taught us.

It's that supply chain systems and stability can change overnight.

And when that happens, the most fragile link are the ones we take for granted. Our access to the medications our family needs.

JASE Medical was created exactly for that reason. They put emergency antibiotics and essential medications into your hands, before you need them. You just fill out a simple online form. A licensed doctor will review it.

And your JASE case will arrive. Filled with real prescription-grade medicines. For life's what I forget moments. It's not fear. It's responsibility.

Because being prepared is not paranoia. It's what keeps small problems from becoming emergencies.

Whether that's a storm or delay or crisis halfway around the world, your family deserves the peace of mind that comes with JASE Medical and their JASE Case. Be ready for before the world reminds you why you need to be ready.

When you order your JASE Case today, use the promo code Beck. B-E-C-K. You'll get a discount on it. Go to JASE. J-A-S-E.com. Get a discount, at JASE.com. Promo code Beck.

Ten-second station ID.
(music)
I am in Washington, DC. I'm actually at the Rush Limbaugh studios at the Heritage Foundation. I can't help them enough for the short notice, I was invited at the White House, over the weekend, to join the president and -- in honoring Charlie Kirk on his 32nd birthday today.

My receiving the freedom medal, and I'll be there along with a lot of other people. And I really can't wait to experience that. And hope to have some time with the president later today, and talk about some other things.

There's a lot of things going on. By the way, you can watch this ceremony, at TP USA. Turning Point USA YouTube. And the channels at 4:00 p.m. Eastern time.

And I hope to see you there. And I'll be back in the studios in Dallas tomorrow, to give you more about that, as we -- as we continue.

Okay. So let me give you this story. Western executive visit China, who are coming back. Quote, it's the most humbling thing I've ever seen, said Ford's chief executive about his recent trip to China. After visiting a string of factories, Jim Farley was left astonished by technical innovations being packed into Chinese cars from self-driving software to facial recognition.

The cost and quality of their vehicles is far superior to that on which I see in the West. We are in a global competition with China, and it's not just EVs. If we lose this, listen carefully, there is no future at Ford! If we lose this, there is no future at Ford.

Another executive: This one from the EU says, I can take you to factories in China now, where you'll basically be alongside a big conveyor belt, and the machines come out on the floor and begin to assemble parts. You're walking alongside this conveyor, and after about 800 meters, a truck drives out, and there are no people involved.

Other executives describe a vast dark factory, where robots do so much of the work alone, that there's no need to even turn on lights for humans.

We visited a dark factory, producing some astronomical numbers of cell phones.

The process is so heavily automated, that there were no workers on the manufacturing side, just a small number who are there to make sure a plant was working.

You get this sense of change, where China's competitive has gone from government subsidies and low wages, to a tremendous number of highly skilled, educated engineers, who are innovating like mad. Between 2014 and 2024, the number of industrial robots deployed in the country, rocketed from 189,000 to more than 2 million. It is -- just give you -- just let me give you this. Last year, China added 295,000 robots. Germany added 27,000.

The US 34,000. The UK, 2500.

The UK is over. I mean, it's just absolutely over. It boasts 567 robots for every 10,000 manufacturing workers. 449 in Germany for every 10,000. And 307 for the US.

So this is not -- this is -- I'm not preaching this because this is, you know, good for the country. It's bad for workers. It's bad for workers.

But China is doing it for a couple of -- a couple of things. First of all, their policy is known. I can't pronounce it in Chinese. But it translates to replacing humans with machines.

In China, they don't need to have a Patriot Act.

A really, super great thing for auto workers. No.

Replacing humans with machines, is the name of the policy.

Okay.

And it is -- it's happening everywhere. Everywhere. They can develop and execute models in probably half the time, that most European car makers can make.

And they're doing it, partially because they're seeing the decline in their birthrates. And they know, we're not going to have the workers to be able to do this.

But what's disturbing is. All of these robotics, are needing power.

They also need AI.

So they are building these gigantic server farms, which we are still breaking ground on. They're building them. They're building new power plants. One power plant, coal-fired power plant every week. And I think 40 -- can you look this up, Stu?

I think it's 40 nuclear power plants a year.

We're not building anything!

We're not building anything.

We're breaking ground on it.

Trump has already said, he's cutting all of the regulations.

But we're still far, far behind.

And we are getting close to the point where they win, we lose.

Again, I don't know what to do about it. Except, have a conversation about it. Because I've read the conversations from the left. I've read the conversations from World Economic Forum. And they don't care. They will take you and literally put you in a drug -- a drugged state, and put you online, and you're just going to play video games, your whole life. That is honestly their plan for a large number of people in the West, that will be just no longer usable. Undesirables. Well, I don't like those labels.

The FBI knocked on my door to talk about Antifa...

The FBI showed up to Glenn's house to discuss his TV show exposing Antifa's network. Glenn shares what he learned from his "surreal" meeting and warns any member or funder of Antifa: you should be a little concerned because the FBI is SERIOUS about investigating you.

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me tell you something else that's changed.

Let me start with this. Cut five here.

Here are the new talking points for the media on Antifa.

Listen to this.

VOICE: This is an entirely imaginary organization. There's not an Antifa.

VOICE: Look, I don't even know what Antifa is.
VOICE: There is no growth.

VOICE: It's not even like far right groups, like the Proud Boys and Oath Keepers, compared to right-wing extremists, Antifa-linked violence is rare and limited.

VOICE: It is an organization.
It is -- it is in many ways mythology.

VOICE: It's not like the Proud Boys or the Oath Keepers. You know, they're defined terrorist organizations, the leadership that led -- that, you know, leads violence.

VOICE: It's not a highly organized movement. It's a moniker. It's not even a group like the Proud Boys are.

Things like Antifa are things that are thought up.

VOICE: These guys are going after Antifa, which is nothing. There's no organization called Antifa.

VOICE: Nobody is a member of Antifa because it doesn't exist! They are just claiming existence to something that doesn't exist.

VOICE: There is no Antifa organization, so maybe that's good for social media.

But it really has -- is nonexistent.

VOICE: They exist on the internet and chat rooms.

And in 4chan.

GLENN: Okay.

VOICE: And places like that. Where they run discussion boards. Trade tactics.

Documents. Things like that.

But none of them are called Antifa.

STU: What!

GLENN: I don't even know what they're talking about.

You want to talk about living in a different world.

But that's what's going around.

Now, let me just tell you this: Last week, I did a TV show that apparently got the FBI's attention.

STU: Hmm.

GLENN: The topic was -- was initial investigation. A jumping off point, shattering the myth that Antifa just -- oh, it's -- it's just leaderless. And decentralized. Uh-huh. Uh-huh.

We thought, no. It's really not. So we dove in. Head first.

And we analyzed the Antifa network. And we went from the street thugs, to the support groups, eventually, to the funding.

Okay?

To say the FBI was interested in this might be an understatement.

Let's just say, the FBI is turning over every single stone.

It is so clear to me, that they are exploring all angles of this. And they are talking to anyone and everyone that can give them think kind of information.

How do I know?

Saturday, I get a phone call.

The director would like to send over some agents to speak to you, Glenn.

And I'm like, the director?

The FBI agents?

Yes, you said, some things that they need to talk to you about.

Well, good things or bad things? "They'll be over."

Three agents sat in my living room on Saturday afternoon for almost two hours. And I immediately called Jason. I'm like, Jason, you're the researcher. It's your fault. I'm going to throw you under the bus. You better get your butt over here.

So Jason was there. My wife and I sat there, and it was surreal at one point. I talked to them for about 15 minutes just going over the Tides Foundation. And saying, if you understand Tides, you'll understand how difficult your job is going to be. And this is information that I first gave on Fox years ago.

Let me just say this: Finally, we have an administration and an FBI director, that is willing to go in deep. Not surface. But deep!

I could only imagine what we could have avoided, if anyone in an administration, would have done this, in 2011.

But if I were in that, imaginary group, of Antifa, which, by the way, has imaginary leaders. Leaving the country to go maybe to imaginary countries outside of the US right now. I would be very concerned. If I were a part of anything that was sending money their way or assistance their way.

I don't know!

I might be a little concerned, because the FBI is deadass serious.

Thank you, thank you, thank you, Donald Trump, Kash Patel, and all of the agents at the FBI.

GLENN: We're covering from Allie Beth Stucky's big event, six or 7,000 women showed up this weekend for a weekend conference. It was -- it was unbelievable.

STU: Really, I saw the crowds. It was incredible.

GLENN: Yeah. She did a great, great job. I'm so proud of her. She's just killing it. But we will try to get to some of those clips because they're really, really good. We'll get to those later on in the program. You know, Stu and I were talking about how Antifa doesn't exist. And, you know, that's like saying -- it's like saying Al-Qaeda doesn't exist. Well, you're right.

There is no way, you know, 501 Broadway, you know, where you go to al-Qaeda's office. That doesn't happen, but it does exist, and it's an ideology.

And while they may not -- they may not take their direction from the same person at the office, I don't know. There's no HR. So they don't exist. They exist!

They exist. And they're loosely affiliated. And sometimes, they are getting money. You know.

STU: Uh-huh.

GLENN: And for the press and everybody else to say -- when you're watching them all over the country, and they're doing exactly the same thing, same tactics. Every -- everywhere.

You know, to say, they don't exist is just infantile.

STU: Yeah. It's like a -- it's -- I don't know what the word -- there should be a word for this, if there isn't.

But there's a real point used in an intentionally dumb way to mislead.

Is that malinformation? Is that what that is?

GLENN: Yes. Yes.

STU: It really is. There's a real point to it. They're disengaged from a centralized thing. This makes them more dangerous. This is how you had to deal with terrorist cells back in the day. However, they're using it in a way that makes it seem like it's not a threat, which is not accurate. And they know it's not accurate. And they're trying to mislead people with a piece of --

GLENN: Why would you -- why would you support -- why would you try to brush Antifa under the rug? I mean, it's just perplexing.