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

With us today we have Daniel McAdams, our co-hosts. Daniel, good to see this morning.

Happy Monday, Dr. Paul. How are you today?

Doing fine, thank you. Good, good.

The gold market is doing fine for the people who own gold.

But the people who are worried about the conditions of the world, it's not so fine because gold's

indicating there's some excitement someplace in the world.

And if you only looked at the gold price, you'd have to look for what brought this up.

Well, there's a little bit of activity in Russia, and that is in Russia, not on a Russian

border, not in Ukraine, but in Russia. And significantly so, that Ukraine has pulled off one,

and it's a big deal because it could mean a lot of trouble, even though militarily they

haven't taken over a lot of land and they didn't

invade with an army.

But, you know, philosophically and propaganda-wise, this is a big deal.

And it's not going to show military strength as it will.

I would worry more about the stimulation of what the Russians might do to not look weak.

They're going to look weak now.

But the Ukrainians look stronger than I think they really are.

But anyway, it got the attention of the markets and gold.

Gold went up close to $90.

And, of course, the first reaction is what will the Russians do and how much will this accelerate

and make the war more complex?

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