Hello everybody and thank you for tuning into the Liberty Report.

Today we have a special guest, Philip Patrick. He's been on our program many times. He's

the economist for the Birch Gold Group.

So we will get into that matter in a minute today, but we want to thank everybody for tuning in.

There's lots in the news, but we're probably not going to get involved in the major event of who shot whom and why and yet that is pretty important subject

and very serious. But we want to talk about today one of our subjects we visit quite frequently

and that is how do you preserve wealth in an age of inflation and it's getting recognized that a lot of people are thinking about this.

It used to be just a few on the margin that would be concerned and say that were just conspiracy people

to say, well, they're ruining the money, they're ruining the money.

And when the inflation, the up going of the economy is going and inflation is young for a

cycle you know people are satisfied because the pain and penalty isn't paid

yet but now we're in a period of time where the inflation that is the printing

of money and making it look like everybody is rich,

is coming to a close, and people now have to pay the bills.

And the big question is, who's going to suffer for paying the bills?

Because there's a lot of debt out there, and they come up with all kinds of schemes to do it. And one big operation that they talked a lot, I was still in Congress, was Dodd-Frank,

and they came up with some mechanisms to deal with it, and they ended up doing one thing. They

didn't use any new stuff and new legislation. They just went back to the old method of bailing

out to the tune of trillions of dollars and trying to keep the dollar safe as a reserve currency of the world.

So now we're in an age where we have to decide what's going on.

So I want to welcome Philip to the program today and we'll get into our program quite quickly.

Say hello Philip.

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