Kirk Elliott PhD show notes
GraceTimeTV with Kirk Elliott PhD: Protect Your Money from the crash and be on the winning side
Welcome and update as to what's been happening with Mary. Support Mary by going to MaryGraceMedia.com and subscribe to her email list and you will get all links mentioned in the show and her channels.
Intro to Kirk Elliott, PhD - investment specialist, advisor and teacher about finance, specifically about precious metals, gold and silver
Greg introduces the subject of wise stewardship, discernment, dealing with fear of finances these times and how we can thrive. Mary:Don't be scared, be prepared.
Kirk's explains his background and the industry... dealing with compliance officers- they didn't like him suggesting investing in precious metals.. He went from there to a job where they said they'd give him a book of business to reach... it was the phone book where he made 250 calls/day for 3 years
How Kirk got his PhD to get on TV and why... his first was in Public Policy Administration where he developed a new way of measuring inflation as what is used now is inaccurate. Then he decded to get another PhD in Theology... and the floodgates of Heaven started to open. When God opens doors, run through them... focus on people over profit - that is what got them where they are today. Putting integrity at the forefront has helped their business and Mary explains why she only uses sponsors with integrity
Can you explain what you're seeing right now, especially with the dollar and monetary policy since we went off the gold standard? There is no such thing as a bad investment, just bad timing for investments... a little background on Reagan and Trump economies.. 'investments grow or shrink based on policies coming out of DC'... Buy and hold forever strategy is stupid.... day trading is also stupid... Watch the trends... be willing to reallocate. Jesus' parable of the talents. The one that did nothing was called 'wicked'... learn what causes markets to go up and down
Money policy - taking us off the gold standar put us on fiat (by declaration) currency and then there is the petro dollar... Kirk takes us back to 1776... $0 debt to Obama we went to $11Trillion... in the last 22 years we went to $30+ Trillion. The difference in what $20 could buy a century ago and now... matches the change in the price of gold from $20/oz to over $1700/oz. we are headed back to a gold standard... the federal reserve act created a banking cartel... then in 1971 Nixon took us off the gold standard... and we went to the Petro dollar... countries had to pay for oil in the US dollar... Kirk continues to describe what has happened since then which brings us to the debt situation we're in plus what is going on with Russia and Ukraine (Biden kicked Russia off of the SWIFT bank messaging system because of their invasion of Ukraine).... how they started a new banking system in opposition: BRICS (Brazil, Russia, India, China and South Africa...). The globalists wanted this problem which is "Higellian": (The Higellian dialect... 'They' create a problem that requires a solution that no one but them want).
Don't tune out, don't lose hope despite the rocky time we have ahead.... what is the solution? Central Bank Digital Currency System to take over from paper money. Programable money... every single transaction will be transparent (it would reveal illegal acts such as sex and drug trafficking) but it does nothing to fix inflation. It will make matters worse... censorship and control will be allowed to coerce people to follow their worldview by cutting off their money (digital social credit score - spyware on your bank account)... Parallel currencies will be established to rival that... (this is similar to Mark of the Beast in Daniel and Revelation).
We also have a huge personal debt problem, especially with interest rates doubling since January... there is also lowered liquidity for borrowing money because the Federal Reserve removed much of it from the banks during Covid- this is all planned to force people into serfdom. This is the social credit system and medical passports on steroids... it isn't easy to opt out of this - how do we opt out of this? It is hard right now to take a large amount of money out of a bank without a lot of questions.
What can people do... you talked about parallel economies... we want to have hope here? The paralle currencies may be the quantum financial system (a decentralized digital currency), gold backed dollar. QFS is a crypto-currency backed by gold. How do you protect yourself from all that is happening (Kirk lists many of them). Elon Musk was asked this - invest in things that go up in value with but solid things... not certificates, mining rights..... gold and silver go up in price... you take delivery of it... having 1 oz silver coins at home you have something with which to barter. Get out of something that is going down invest with something that is going up... that is a thing (as opposed to a stock/mutual fund). They can also rollover IRAs, 401Ks into actual precious metals IRA (don't invest in certificates or mining shares... invest in the actual metals.
Where is the gold and silver? Is it coming to a big box on your doorstep that the porch pirates are going to come and steal? If it's outside of an IRA you can take delivery at home (if it's safe enough) or keep it at a depository (Chomex depository). In an IRA you can't take delivery - it has to be held for you or it's considered a taxable distribution from the IRA.
Kirk is coming in as an afilliate partner and Mary will have a link so those who do business with Kirk through that link will help with his sponsorship of the show (similar to with Mike Lindell and My Pillow). The link is https://kirkelliottphd.com/MaryGrace for a free consultation or call 720-605-3900 for a free consultation - tell them Mary Grace referred you.
When you have an IRA how to they roll it over? (contact them above). They team will ask questions about where you are and you'll get an appointment with Kirk and then if you move forward you complete a simple IRA account/transfer form and e-sign it. Once Kirk has the funds you talk again to confirm the allocation (quanity of different wight bars/coins of silver and gold). From there after the purchase is done they will advise you as markets change whether to buy or sell etc.
Once they have the IRA can they have future funds invested on a monthly basis? They can do monthly investments and distributions if you are old enough to require minimum distributions. With 401Ks you don't actually own it. Once you are 59 1/2 and still working you can do an "in service" roll over to a precious metals IRA. (If you are younger than 59 1/2, put everything into money market so it can't lose in the market). Either of these rollovers is tax-free. If you are purchasing outside of an IRA you just wire them the funds and once their are received you have a call to discuss allocation and where it will be stored.
Mary: The 59 1/2 rule is very important. When you have possession of silver, how do you use it? You can use it for barter at local stores but when the economy collapses... it is predifined so it acts as a defact currency... it's for more local people to people situation rather than paying phone bills and mortgages...
"I don't want to put all my eggs in one basket"... "I want to diversify"... diversification doesn't equate to safety. (investing in 20 different Titanics doesn't keep you safe). Safety is being in the right place at the right time.why only in precious metals can be safe. Being in precious metals for the rest of your life isn't the answer but it is the answer for right now... when things change the increases can be locked in and some can be sold and invested in other things that are coming back up in value (such as after a new more conservative administration is in place in Washington). TIming is everything
What about accounts that have a guaranteed return? What about annuities... it's only guarantee unless the insurance company goes out of business. CDs only making 2% are not outpacing inflation either.
What is the difference - why are you favoring silver over gold? The norm is that gold is 20 times more valuable than silver but currently silver is just under $20 and gold is around $1700 so silver is undervalued and/or gold is overvalued. Which is it? There are inflationary pressures that will cause precious metals to go up so gold will continue to go up and silver will but it has a lot more it can grow to catch up to the 1/20 comparison with gold. So Kirk's strategy is to go into silver... in 12 to 18 months it doubles or triples and then it can be rolled into gold at 3 times the amount than could be purchased today.
If you are buying silver or gold you still have the value you bought it's still money. It's not a consumable, it's a comodity.
What about junk silver? (minted coins up to 1964)... not that useful today as the premiums are too high. Historical coins are not worth the premium either. They can't ship metals across the border but they can store it for them at the depository in the US.
What about silver mining? It's not investing in silver... it's just another stock... (advisors can't advise to buy other than what they sell). It's up to you and God what to do.
We don't want you to be scared... be apprised of the truth... remember the consultation is free. Be careful with internet scams on selling precious metals including IRAs.
The link will tell you more about their company and where the depository is. They don't twist arms... it's their anointing/gifting/calling to help people along the path. Don't let fear consume you.
This is an opportunity to invest in a company that is aligned with your principles in the Kingdom. Don't worry - Kirk will be back!
Tune in tomorrow at 2pm ET for a conversation with Ann Vandersteel of the Zalenko Freedom Foundation and her recent victory with the TSA
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