SPEAKER_18 0:02

Ladies and gentlemen, it's time for the John Truman Wolf Financial Hour. Now, here is John Truman Wolf.

SPEAKER_05 0:16

Hi, everybody. John Truman Wolf here with the John Truman Wolf Financial Hour. Thanks so much for being with us as we broadcast to you live from the absolutely gorgeous Los Padres National Forest, high in the mountains north of Los Angeles. It's a lovely day up here. Hope things are nice where you are. We start uh the show as we do uh weekly with a kind of a review of the investment sectors uh of the country. Um so the the the equities market took a major hit yesterday, uh down a thousand points and change. Uh that's a that's a lot. I mean, you don't see the down move uh to that degree uh very often at all. Um some concern about uh the war and uh the you know it's ongoing. It didn't uh break below 52,000, but uh it was a big hit. Uh today bounced back um about 600 points. Uh it didn't recapture everything that it lost, the equities market, but uh uh it did bounce a bit. Uh precious metals had a good day uh up as well, up uh about 80 points, uh, but still trading um uh in the low four thousands, meaning four thousands an ounce, um trading around forty one hundred, a little a little bit higher than that. Silver has yet to reclaim um sixty bucks an ounce, so it's uh precious metals struggling a bit. Uh there is a debate among talking heads. Uh I include myself in that about whether or not the precious metals markets are headed further south, that this uh recent shake shakeout is just the first step and a move down. I don't think that's the case. I think it's gonna recover. Uh we'll see. Uh but um uh that debate is ongoing. Um the uh crypto market um off a little. Uh Bitcoin um which had been struggling to you know recover some decent ground, had gotten up um recently to sixty-five thousand in change for Bitcoin, um and then fell recently to sixty-four in change. So it's uh uh step up, it was you know kind of uh uh recovering from um a major downturn, slowly recovering a little bit at a time, a little bit at a time. Uh but uh today that uh recovery uh halted. Uh so it's uh down a bit. Um again, you've heard me uh say this before, but I repeat it. I think the crypto market uh will uh given a long-term perspective uh perform very handsomely. Um and I think uh this range is a good buying opportunity. Um in addition to that, um a piece of I would say not so good news is that mortgage rates hit the highest level that they've hit in uh uh I don't know, some time. Um uh trading uh uh uh six and a half and a bit higher. So not good news for the uh real estate market. Uh okay, folks, I'm John Truman Wolf. This is the John Truman Wolf Financial Hour. There's a review of the investment sectors, and we're gonna take a quick break and be back right after this. Stay with us.

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SPEAKER_05 5:56

Okay, folks, we are back. Uh John Truman Wolf here with the John Truman Wolf Financial Hour. Um uh often uh joined uh in this sector by our friend Mike Letz, who may join us uh and and who may not. Um but uh uh what we would talk about at this uh section is uh is we normally talk about politics, as you know, if you listen to the show. Uh my concern is this uh the war continues to go on and on and on. Um and um uh you know I'm not a fan, I'm not a fan of the um Iranian leadership. I won't say anything about the Iranian people because I have some very good Iranian friends, but the leadership there is a little bit of the IRGC, is a little bit uh uh several bottles short of a six-pack. Uh but are are holding to their credit uh uh are making uh this a uh uh a serious confrontation, um which is not good for anybody, frankly. Uh you know, people die uh of of particular concern. I note that uh inflation uh inflation's starting to uh kick back up. Uh and we're joined um uh by our good friend Mike Letz. And Mike, I was just talking about the fact that uh the this war continues to go on, I think beyond what most people thought, it's kind of driving the um inflation prices up. You have any thoughts on this?

SPEAKER_10 7:33

Yeah, that's part of their strategy. Iran realizes they've done two things. They realize that if they can continue to drag it out and try to expand the war, they have two objectives. First of all, increase the unstability globally for all economies, not just ours. And second of all, they're hoping by doing that to rally the Arab communities and uh the Middle East to rally behind them to go after the great Satan, which is us and Israel that's causing all these problems. Now, that is their strategy. What is the reality of what has hit is we you know, this is not being reported by the mainstream media, but UAE, Jordan, Saudi Arabia, and others have now launched attacks. In fact, UAE has now put troops on the ground within Iran, uh they now have to back card on them. They are after they are going after Iran. The dissidents are now pouring out our our intelligence reports show cities over roughly about a hundred cities across Iran, where there is engaged now between the dissidents and the IRC. Um they're they're gathering together momentum to overtake the government to bring this thing down. We are providing logistical support. These strikes that you see that are occurring, where despite them begging for us to stop that is over, we are going to finish this job. And uh the question now remains do we need to provide boots on the ground to help bring it to a closure? At this stage, with the other countries involved, the Kurds still involved heavily in the north, etcetera. I think uh we may be able to just provide strategic strikes and help them finish the job and create a new democracy in Iran. The problem with this, John, is this by the countries that I just listed that are now instead of rallying behind Iran or rallying against Iran for what they've done, um, you know, all it's obviously they're not going to be committing their resources and not have some kind of input into what the next administration will be. Their idea of a new administration may be slightly different than ours, but that remains to be seen.

SPEAKER_05 9:50

Well, I I'm I'm I'm pleasantly surprised with uh with your report, Mike, because I don't d as you said, the press isn't reporting that there's any uh real uh pushback by the Iranian public against the IRGC. Um the the fact that uh you've you've got some intelligence there that that's happening, I think is a huge plus.

SPEAKER_10 10:16

Um I mean, I don't expect you'll see the mainstream media and acknowledge this till after there's a swearing answer and we want you to do the administration and they have no choice. Uh they don't want the American public to have any positive view of anything the president, this president is doing because they desperately want you to uh vote Democratic in November, but uh we've seen what that does, and I don't think we want any more of that.

SPEAKER_05 10:43

You know, the American press I continue to think worse and worse and worse of it. Uh uh, you know, Fauci's testimony yesterday and the the the the the Democratic press uh that st uh still holds him in high regard. Um I mean it's shocking um the degree to which they uh fail to confront uh the actual truth of what's going on. Um I I you know it it's it's it's uh it's it's distressing as hell. Any any uh since I brought it up, any thoughts on that uh testimony yesterday or lack of testimony yesterday?

SPEAKER_10 11:24

Uh I think it was interesting how he has uh really cooked his own goose. He is in such trouble because you can't have a pardon and then claim the fifth. So obviously he's a few.

SPEAKER_05 11:35

That's what I thought. That's what I thought. Yeah.

SPEAKER_10 11:38

Obviously, he doesn't believe that his auto pen, which the president has already said is invalid. Of course, you know, uh I don't care if the president says that I'm gonna go to the courts. Uh the courts can uphold it the same way. So he he must obviously feel that way. If he felt very strongly that his auto pen pardon was valid, he would have never broken the law by invoking the fifth. He can't have your cake and eat it too, John. Plus, what happened yesterday is and is happening now today, is it been very clear that the states don't have to wait for anything. They can start suing him right now, and you can expect uh class action uh lawsuits coming against him. And this is just in the U.S. Wait till the rest of the world picks this up.

SPEAKER_05 12:16

I would not want to I I I would not be surprised to see, particularly Florida and Texas, uh uh uh file uh state-based lawsuits. Um uh as you note. Uh you know, he's not a he's not the part that is not immune from that. Uh the guy belongs in jail. Uh he's uh uh a nasty dude. Uh I mean I couldn't believe some of this this di this diary stuff. I mean, he thinks he's the greatest thing since sliced bread. Uh you know, promoting himself and how you know all the media attention he's getting. And uh frankly, he's in my opinion, he's nothing but a but a but a criminal. Um let me let me go back to uh the the earlier subject. Um uh is has but so bombing seems to have returned. Uh didn't they did they bomb last night? I haven't even looked at the print.

SPEAKER_10 13:20

We bombed last night today. Saudi Arabia uh I mean uh joined us in bombing, Israel joined us in bombing. Uh so you can see the coalition is expanding quickly. Here is the goal. We're gonna knock this thing out as quickly as we can, bringing about the new uh administration. You'll then see gas prices just drop below the below the basement. The economy will then re-stabilize here, even in the U.S., and uh it'll be a pretty day before November.

SPEAKER_05 13:47

Well, we're looking looking forward to that, along with the mortgage rates coming down a bit. Folks have been talking to Mike Letz, the founder of Investusa.org, a magnificent nonprofit that helps uh men and women in blue by providing uh bulletproof vests to our police. Uh, Mike, good to talk to you. Uh, we'll talk next week. I'm John Truman Wolfe. This is the John Trman Wolfe Financial Hour, and we'll be back right after this. Stay with us.

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SPEAKER_05 17:33

Alright, folks, we're back. John Chumman Wolf here with the John Chumman Wolf Financial Hour. Uh joined uh by our longtime old uh uh friend, uh Colonel, I'm not sure whether it's Colonel Dr. uh Bart Billings, uh a military psychologist who uh I know from years back has been very helpful to the military in treating uh uh military folks that had uh you know, I'd say mental problems without the use of these uh psychiatric drugs. Bart, thanks for joining us. Oh, you're welcome, John. Thank you. Uh let me um uh let me read to the audience uh uh a short clip uh of uh uh one of your uh issues. You write an uh you write um uh pieces called Ask the Psychologist. This is from issue 66 of Ask the Psychologist, which are uh at what, BartP Billings.com? Is that the uh correct uh site?

SPEAKER_11 18:37

Yeah, that's the book website. You just click on the heading Ask a Psychologist, and there's a total of 67 editorials over the years on their website.

SPEAKER_05 18:50

This one I want to quote, uh which is number 66, is that the CCP is utilizing various methods to infiltrate the United States in addition to the 360,000 students in our uh in our universities, plus those already working in our companies that are now uh taking positions U.S. citizens could occupy, and are also there are also large numbers of uh Chinese citizens being adopted and born, uh birth uh tourism in the U.S. So uh you have taken it on uh to expose this, uh, making the point that we've got a war going on with these folks, and uh there doesn't seem to be a lot of uh appropriate attention on it.

SPEAKER_11 19:40

Uh yeah, it's an invisible war. Actually, we've we've been uh in war with the communist Chinese country since Korea, since the 50s. And uh, but the the thing is now they're not using visible weapons, basically, they stated they don't need, just like Russia, just like Khrushchev did in the 50s, they don't need to use tanks or planes or ships. Uh they will defeat and turn the United States into a communist country uh through various methods. And Khrushchev listed the methods that China uses as well uh back in uh two different presentations he did. Uh one of them was uh when he was at the United Nations uh in 1959, and the other was earlier in China at an international meeting, and he went through them. They're open with what they're doing. They said his steps to communism are intended to weaken the United States are as follows. And he said this health care. You control health care and you control the people. So, you know, right now, especially if I see what's going on, you can see uh COBIT was an attempt to do just that.

SPEAKER_05 21:15

Well, let me read uh uh uh within that context a couple of points that you make in this issue. Uh over the past 20 years, 1.5 million Chinese descendants came to the United States. Since 1992, there have been 50,000 birth tourism children born to the U.S. uh in the U.S. each year. The U.S. Child Citizenship Act of 2000 allows immediate citizenship to a child uh under 18 born or adopted in the U.S. That's been a hot political item of late. And finally, between 1999 and 2023, there have been 82,000. 3,674 children adopted from China and the U.S. uh and on it goes. Um so this uh this truly is an invisible war. Um and I don't think uh uh I'm delighted we're doing the show because I don't think very uh many many folks uh have that awareness.

SPEAKER_11 22:21

Um yeah that's one of that's one of the reasons because of the country not being aware of what's going on that we're an invisible war. I wrote the book uh last year called How the Media Creates Victims in Our Society. And that's one of the areas, you know, Khrushchev listed in China is utilizing health care, create poverty, create debt, gun control, welfare, media and education, religion, and class warfare.

SPEAKER_05 22:56

These are all right, Bart, hold hold, hold the rest of that thought. We're gonna take a quick break. Uh, we're talking to uh uh Colonel Bart Billings uh about uh the invisible war with the Chinese. I'm John Truman Wolfe. We're gonna take a short break and we'll be right back with uh Colonel Billings. Stay with us, folks.

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SPEAKER_05 27:36

All right, folks, we're back. John Truman Wolf here with the John Truman Wolf Financial Hour talking to um uh retired Colonel uh Bart Billings about the invisible war uh that uh we're actually engaged in with the Chinese. Uh uh Bart, I'm curious. Uh uh you had decades of military service. You must have lots of friends in the military. Do they share your view? Are they aware of this? Uh yes, they are.

SPEAKER_11 28:06

Uh matter of fact, uh a two-star general called me. It's pretty it's interesting. He called me back in 2019, and I worked with him in the in the Army, and he said, you know, he said, I've been involved with a lot of bad things in my life. He was a Green Beret. He said, I've seen a lot of bad stuff, I'd done a lot of bad stuff. He said, but the only time the hair stood up on my arm was when I read the book, The New Art of War, by William Holstein. He said, read it. And he wasn't kidding. I read the book. See, Holstein actually uh lived in China, and he was in charge of uh the Associated Press Office and Peking, he spoke Chinese, and he was very familiar with the Chinese party, and in his book, it revealed everything. So when COVID hit in 2019-20, I mean he talked about this in his book, Their Plans for Biological Warfare. And I said right off the bat, I said, I know what this is. I felt very strongly based on the information that I obtained through reading the book, as well as other information, and it was released. And sure enough, Khrushchev, like I said, said back in the 1950s, steps to communism. Let me read what he said. Healthcare, that's number one. Number one, biological warfare. He said, control health care and you control the people. Two, poverty. Increase the poverty level as high as possible. Poor people are easier to control. It will not fight back if you are providing everything for them. Create debt. Increase the debt to an unsustainable level. That way you're able to increase taxes and this will produce more poverty. Gun control. Remove the ability to defend themselves from the government. That way you're able to create a police state. Five, welfare. Take control of every aspect, food, housing, income, of people's lives, because they will make them fully dependent on the government. Six, media and education. Take control of what people read and listen to and take control of what their children learn in school. Seven, religion. Remove the belief in God from the government and schools because people need to believe in only the government knowing what is best for people. And the last one he said is class warfare. Divide the people into the wealthy and the poor. Eliminate the middle class. This will cause more discontent, and it will be easier to tax the wealthy with the support of the poor. Now, all of these things are happening. If you look around, every single one is happening. Now, why who's supporting the groups, the Antifa groups, the politicians? That the Chinese party said openly, we can control any American politician. All you have to do is give them enough money. We're seeing all of this. And that's the invisible war. And people are really not aware that this is happening to them on a daily basis, and they're being influenced through politicians, through the media, to believe this stuff. So I'm trying to make people aware that we're at war with China. I mean, China had a computer chip, and the Navy's computers, for at least three years, they knew where every ship was, where every airplane was, because China manufactured 90% of the world's mainframes, and they wound up in our Navy. Our Navy found out about it. They got rid of the computers. But for years, they didn't know. And I know this is a fact because my nephew is in charge. Uh he's actually the top level of a state police organization, and he told me they had to get rid of all their computers because they found that Chinese chip. Now that's warfare. That is warfare.

SPEAKER_05 32:50

It is warfare. And let me let me pick up uh uh uh another element of this which you note in your uh your essay uh as a psychologist 66. I'm quoting now. I recently became aware of the Chinese quote uh patriotic education law passed by the CCP, uh it's a Chinese Communist Party for listeners, uh, January 1, 2005 uh four, which mandates loyalty and patriotic teachings as well as uh ideological um uh framework. So uh this is uh and and and it extends to um uh Chinese citizens that are here in the United States, it's not just for the for the uh people living in mainland China, but uh the Chinese here as well that obey uh many of whom obey this law, don't they, Bart?

SPEAKER_11 33:53

Yeah, it's binding all people of Chinese descent abroad. So if a person receives a call from a representative of communist China in the United States and they're asked a favor, if they're working in the defense industry, wherever they are, they if they ask for information, this law says you're binding to give it to us. And if you don't, uh your family will experience the consequences of your actions. So anybody that has family in China, I have a very good friend. She has family in Hong Kong, and when she talks to them on the phone or communicates with them, she cannot say anything other than what is appropriate for the communist Chinese to hear.

SPEAKER_05 34:51

Okay, Bart, hold that, hold, hold the rest of that thought. It's a fascinating story of your friend. We're gonna take a quick break and be back talking to Colonel Bart Billings about the invisible war. I'm John Truman Wolf. This is the John Truman Wolf Financial Hour. We'll be right back. Stay with us.

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SPEAKER_11 37:57

Yeah, um it pretty much substantiates uh what I've been saying in terms of controlling people uh abroad that were born in China. They she's afraid to say anything positive about the United States and negative about what China is doing for fear that her family will be prosecuted or persecuted in China. Uh I mean, I know it's true. I've heard this from a number of Chinese people that I know, and they they are not open when they're talking to family there because they know that a lot of their conversations are being monitored. So, you know, the other thing, you know, that that tells you that it were a war, an invisible war with China, is I published uh the editorial that talks about the invisible war with China and was on a radio station in Pennsylvania, northeastern Pennsylvania, on the 8th of this month. My presentation and radio interview the same day was given to the Secretary of War. That was pretty interesting. Uh, a friend of mine was in his office and made sure he saw the editorial and heard my radio interview. Well, isn't it interesting? A week later to the day, Trump did a primetime address talking about how the communist Chinese interfered with the 2020 election. That's warfare. That's warfare of a foreign country attacking an election, not like I said, with guns and airplanes, but through cyber warfare and paying, paying organizations. I mean, if you look at what's going on, if you do a deep dive, you're gonna find out that a lot of organizations that demonstrate that riot, a lot of politicians, if you do a deep dive, you're gonna find that they're getting funded through Chinese shadow companies. Uh it's it's it's happening. And you know, like China said, you get you you they're trying to attack us by funding organizations and people to do their bidding in all of those areas I just mentioned.

SPEAKER_05 40:40

What what do we uh uh what do we tell the public, uh uh uh Bart? I know there's that uh the Supreme uh Trump didn't win the birthright citizenship legislation he was pushing, but I know there are efforts in Congress, and I don't know the specifics to implement that in some way. Do you have any specifics on that and what you would encourage people to do?

SPEAKER_11 41:04

Yeah, Congress, uh Congress is trying to pass a bill that will implement. Matter of fact, one of the Supreme Court justices uh told the administration how to do that through Congress. So I believe that's gonna happen. I believe it's just a matter of time. But that's that's just one small aspect. I mean, China's doing so much. I mean, my brother uh and I sometimes have disagreements on items, and he says to me all of the time, well, do a fact check. And you know, I got tired of hearing it, so I did a deep dive on fact check and who does fact check. And the the people through Wikipedia and Google, they contract with a company that does fact check for them. And that company, the CEO, was a 20-year employee at CNN. Now that's not where I stopped. I went beyond to see who funded his company. Well, I found that his company is funded by a shadow company that is owned by Communist China. So communist China is heavily influencing the fact checks that people think are accurate. They're there right now, communist China is rewriting in China the Catholic Bible. And they're rewriting the Quran to fit their their communist um uh uh viewpoints. They they allowed they allowed the Catholic Church, they're they they actually they've been dealing with the Pope, and since Catholicism is not a threat to them uh because it's a religion of love and caring, etc., they're allowing them to practice Catholicism uh under their sanctions, you know, their licenses, and communist China. And the Pope, you know, is going along with this, and that's great. But what they are doing is they are printing Bibles that have communist leanings in them. And they're doing the same thing with the Quran.

SPEAKER_05 43:34

Fascinating uh bit of information. All right, folks, we've been talking to Colonel uh uh Bart Billings. His uh uh site uh is it's BartPBillings.com, right? Correct. All right, folks. Uh uh go to that website, uh uh talk to your legislators, your representatives, your senators. This is a war. It is a silent war, uh, and uh you can be a factor. And helping uh turn it around. Bart, we appreciate your uh input. It's fascinating. We encourage listeners to go to bartpbillings.com. I'm John Truman Wolf. This is John Truman Wolfe Financial Lumber. We'll be right back with a final segment. Stay with us.

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All right, folks, we're back. John Drew Wolf here with the John Drumwolf Financial Hour. I think it's a fascinating interview with uh uh Colonel Billings um because this war is going on. There is an ongoing war uh with the Chinese, and you can't uh I mean you sit back and have your normal uh cup of coffee and your uh uh you know your nor your normal life. And meanwhile, the the uh communist Chinese are doing everything they can to convert uh the American system uh uh to their way of thinking. This is uh the ongoing geopolitical war of uh the 21st century, and uh you need to be aware of it. It's not particularly pleasant news, but uh there's a good deal of information up on uh Colonel Billings' site, uh bartpbillings.com. So uh again I encourage people to go up there, spend some time up there, and get active in pushing your representatives and your senators um to pass legislation on the subject of birthright uh uh citizenship. Um uh as uh as was said during the show a little bit earlier, I think it was uh Justice Kavanaugh who gave I'm I'm I believe that's correct, uh, who gave Congress, one of the j judges, uh justices did, and I think it was Kavanaugh. Uh it was Kavanaugh, okay, thank you. Uh who gave uh information to uh Congress uh on how to pass legislation that would get by the Supreme Court or through the Supreme Court and that would uh provide uh uh birthright citizens an exclusion to birthright citizenship. Um the numbers that uh uh Colonel Billings uh provided are are are staggering, frankly. Staggering. Um at any rate, uh you know, it's not to be racist against the uh the oriental kids that are in college, some of these kids are are are fine, good uh good students, others are are are operatives for the CCP, uh Chinese Communist Party. Um so uh that said, I encourage you to uh, as I do at the end of every show, uh if you're not subscribed to uh our newsletter, uh Strategic Financial Intelligence, uh at Strategic Financial Intelligence.com. Uh, we encourage you to do so. Um I may well write the next issue on this subject. Um as I think I've said on the show before, you know, I wrote a book called uh Crisis by Design, and uh some friends of mine in Taiwan sent it to some people in Beijing, and she sent me uh uh an email, you know, they want to interview you. Uh long story short, uh the Chi Chinese government pre-Xi Jinping, before him, uh you know, flew me to Beijing, and I spent a week talking to some, you know, reasonably high-up uh people in the uh uh Chinese government uh before Xi Jinping, uh, including uh one of the founders of the uh PBEOC, People's Bank of China. Uh fascinating uh trip and fascinating conversation. They're g gobbling up gold uh faster than you can imagine, folks. I had dinner at that time with the head of China Gold, the largest gold mining company on planet Earth. Uh he's got he's got 40,000 employees, that guy. And uh he was gobbling up gold mines uh like Pac-Man. Um so uh there you go. There's uh there's today's show. We're here every week at this time, same time, same station. Uh get a subscribe to Strategic Financial Intelligence if you're not already subscribed. And we'll see you next week, same time, same station, and we wish you uh a blessed weekend. I'm John Truman Wolf. This is the John Truman Wolf Financial Hour. We'll see you next week.