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

With us today we have Daniel McAdams, our co-hosts.

Daniel, welcome to the program.

Good morning, Dr. Paul. How are you this morning?

Doing well, doing well.

Good.

I want to inform you up front that I'm concerned the government is spending too much money.

You're not listening to our program. I know. What are we going to do about this? And I'm concerned. The government's spending too much money.

And they're not listening to our program.

I know.

What are we going to do about this?

They should be forced to watch it. We'll keep plugging along, trying to find the information that sometimes we don't think others are reading.

But I think more so than it used to be.

People are interested out of necessity. I mean, there are big things

going on in the financial markets and a foreign policy in our government, the whole works.

But before we get into, you know, a recent expenditure, a summary of a expense of $31 billion going to Israel, I want to mention

something about the news today in the financial markets, and that happens to be something

that I've been looking at since before 1971, the price of gold and tells us a lot.

Yeah.

It's an indicator of what the value of the dollar is.

So it was certainly announced in 1971 that that system that they devised the Bretton Wooders Agreement, what didn't work, and it collapsed in 71, which was an admission that we were actually bankrupt.

We couldn't pay our bills.

...