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Charlie's Last Stand: Terri Schiavo's Brother Calls From London With an Update on Charlie Gard

Should the government be able to choose when a child dies? The parents of Charlie Gard are fighting tooth and nail for their parental in Britain’s High Court to determine just that.

Bobby Schindler, brother of Terri Schiavo and founder of LifeAndHope.com, joined Glenn on radio Thursday to talk about the tragic Charlie Gard story.

Charlie is an 11-month-old baby in London with a rare genetic condition that doctors say is terminal. His parents want to take him to the U.S. for experimental medical care and have raised the money to do it, but the European Court of Human Rights has ordered the hospital to remove his life support so he can die “with dignity.”

Schindler understands all too well a court ordering your loved one to death. Terri Schiavo went into a coma in 1990, living in a mostly unresponsive state for 15 years. When her family fought to keep her alive, her case became a flashpoint for the “right to die” debate concerning patients on life support. Michael Schiavo, Terri’s husband, won the case and had her feeding tube removed in March 2005. She died 13 days later.

Visiting Charlie’s parents in London, Schindler noticed the toll the ordeal had taken on the couple.

“This is just day-to-day torture for them, not knowing,” Schindler said.

Schindler theorized that the U.K. hospital can’t take the risk of releasing the child to the U.S. for experimental treatment and their diagnosis being proven wrong. Charlie’s parents raised more than $1 million to take him to the U.S. for treatment, and President Donald Trump has offered U.S. assistance. The Vatican children’s hospital in Rome has also offered to provide care.

During today's court hearing, Charlie's parents stormed out of court after reacting to comments made by the judge. They returned about an hour later.

GLENN: The parents of a baby that has been born with a rare disease returned to court today in London, hoping for a fresh analysis of their wish to take their critically ill child to the United States for treatment. The United States has doctors that will treat. They have money to treat. The Vatican and the pope have said, "We'll give the parents and the baby a passport for the Vatican so we can take the child out and transfer him even to the -- the Vatican hospital in Rome." For some reason, the government health care system -- and I hate to break it to you, but this is what we spoke of when we talked about death panels. The court system, along with the doctors, have decided there's no chance for this baby to live. And even if they have the money, they are not allowed to take the child out of the hospital and get any treatment anyplace else. I have to tell you, if that were my child -- I said yesterday that I would relinquish my citizenship in that country, and I would never return home again.

I said that to Jason, a friend of ours, yesterday. He said, "Are you kidding me? I'm sorry. But I would grab a gun, and I would free my child from the hospital." You wouldn't get away with that, and that would be a very bad idea. But wouldn't you feel that way?

We have Bobby Schindler on. He is Terri Schiavo's brother. He founded the Terri Schiavo Life and Hope Network. If you believe in life and you know what's going on, you're paying attention at all, get involved at lifeandhope.com. Lifeandhope.com.

Bobby, welcome to the program.

BOBBY: Hey, Glenn, thanks for having me. It's good to talk to you.

GLENN: You are in London right now?

BOBBY: Actually, I was over there for four days. I had to get back -- I got back on Tuesday. Back in the states. But I was over there, and I visited with the parents for a few days. And I also had the opportunity to visit with that Charlie.

GLENN: So, Bobby, what is happening with Charlie? How are the parents, first of all?

BOBBY: Well, as you can imagine, Glenn, this is just day-to-day torture for them, not knowing if today or tomorrow is going to be the day where the hospital removes his ventilator. So you can tell it's taking its toll. But they're a strong -- they're a strong couple. They're very humble. They're fighting for the life of their child. And I think why they're getting so much support is because parents can relate to what they're going through, as you just alluded to when you were talking about the case.

GLENN: Bobby, what do they do for a living? What kind of people are there? Are they upper class, middle class, lower class? Who are they?

BOBBY: Yeah, I'm not sure. Just blue-collar. I think Connie was just a stay-at-home mom. I'm not exactly sure what the father was doing. But he hasn't worked in several weeks now, just really being attentive to the struggle that they're going through. And I certainly could sympathize and empathize, just this turmoil and just as I said, this torture they're experiencing right now.

GLENN: Bobby, I remember when we were in Tampa together. And at first, I was on the other side of your sister's argument. And then I actually did my homework and woke up and met you guys. And I'll never forget the look on -- in your mother's eyes and your father's eyes. And even you, for a long time even after, you just -- you look tired. Your whole family. Your sister, everybody, just tired.

And I remember in Tampa how the sides had been drawn. And the people who were chanting for your sister to die was -- it was surreal. It was -- it was almost, quite honestly, like what's happening now between, you know, political rivals, where just -- the hatred on one side was so strong. Is that happening with his parents?

How are the people in London and England responding to this?

BOBBY: Well, first, I got to say, Glenn, that this type of thing that Charlie's parents are going through is happening here in the states. We've been doing this for 12 years after Terry died. And we're seeing this, this erosion of our medical rights, parental rights. It's taking place more and more across countless health care facilities in our country.

But what I -- there's a disconnect, Glenn. I was in a hearing on Monday, and I was watching these attorneys for the hospital argue their case. And --

GLENN: What is their case?

BOBBY: Completely unsympathetic, Glenn. It was just coldheartedness. And it was the same type of position that I saw taken with the people that were representing Michael, trying to end my sister's life. They're just -- I don't know how to explain it, other than there's a disconnect I think to really the value of life or the dignity of life or the preciousness of this little child and the treatment that's available for him.

GLENN: Okay. So here -- in your sister's case -- and I don't mean to be callous, but we've had these kinds of conversations before. And you've heard them a million times.

In your sister's case, people could see themselves as your sister and say, "I wouldn't want to live that way." And that's -- that was the thing that motivated so many people, is I wouldn't want to live that way.

And even though the family -- your family offered to take her into the home to care for her, to cover all the costs. You wanted nothing, but your sister to have a chance to have therapy and to live.

People picked sides because they were afraid of -- of having to linger themselves, I really believe.

Here, the family has great doctors overseas. They have the money. They have everything.

What is the -- and usually, people don't say -- look at a child and say, oh, we got to kill him.

What is the -- what's the emotional attachment that the hospital is using to sell this killing?

BOBBY: Well, perhaps I'm oversimplifying it, Glenn. And this is just my opinion. But if you look at -- they diagnosed this boy in the beginning as having no chance, and no treatment was going to help him. Now doctors come along. And I think there's more than one doctor that's come along and said, there is treatment available that will help him. That will help this little boy.

Now, that put the hospital in a terrible and a very dangerous situation. Because if they release him and they allow this treatment to -- they provide or allow the parents to provide this treatment and Charlie improves, well, now they have to sit back and defend themselves why they made this poor diagnosis in the first place. So I think they're scared to death of him possibly getting help or improving from treatment that's available after they basically said this poor boy is suffering. Nothing is ever going to help him.

GLENN: That's a pretty -- I mean, Mike (sic), let me just play devil's advocate. Talking to Bobby Schindler, Terry Schiavo's bother, who is the founder of lifeandhope.com and deals with these issues.

That's a pretty horrible way to look at doctors. I mean, are doctors really at that place with children?

BOBBY: Well, that's my interpretation. But it makes sense to me. And also, think about it this way, Glenn. If they are wrong and Charlie does improve from treatment out there, think about all the other families now that are being cared for in that hospital. They're going to start questioning. Perhaps they don't agree with the diagnosis that they're getting for their child because it is a children's hospital. So they now might have to face more and more parents questioning diagnoses that are coming from the doctor to the hospital. So I think there's a lot at stake here. And I think it's in the hospital's best interest, not to see Charlie get better. And that's the only way I can explain why they're fighting so hard to kill this kid, when there's treatment -- Glenn, when I was fighting for my sister and we were on the media, I got to tell you, most of the media was taking Michael's side and asking those questions you were just raising. When I was doing media interviews over in London this week -- and I did quite a few of them -- I was -- they were on our side. I mean, not my side. They were on the parents' side and Charlie's side. Nobody could understand why the hospital -- well, they were all defending Charlie. So the interviews were pretty easy because the media wasn't asking me any of the tough questions, like they were for my sister. And they were in agreement for wanting to get Charlie the help that's out for them.

GLENN: Wow. Wow.

Bobby, you said a minute ago that this is happening in the United States. Can you -- how often? Why aren't we hearing about it?

Can you give us some examples of this happening?

BOBBY: Well, it's obvious, Glenn. You could probably guess why we're seeing this happen. Hospitals now -- and, again, I'm oversimplifying it. And I'm not trying to paint a broad brush. But I think hospitals now are acting in their best interests, rather than patients. And I think we're seeing values imposed by ethics committees and hospitals. And I think it's -- look, it's a lot cheaper, Glenn, to end -- if they look at somebody that comes in with a significant brain injury, for example, and they look at this person and they say to themselves, "Boy, he's going to need months of care. And it's going to be expensive. And we don't even know if he's going to improve or how much he's going to improve, at least from the onset." And if they're in a position where they can stop treatment, which they are today -- I mean, if you're looking at it from a purely financial point of view, the hospital's best interest is to say, "Okay. Listen, this person's life is going to cost a lot of money. He's not going to get much better anyway." So then they go in and tell the parents. They give them this poor diagnosis. And they say, "Look, you don't want to end up like a Terry Schiavo, so to speak. You know, why don't you do what's best for this person. Put him out of his suffering and end his life." And they have the legal means now to do this. And I could go into the reasons.

GLENN: Have you run into people who have had your sister used by doctors like that?

BOBBY: Yes. There was an article actually.

GLENN: Oh, my gosh.

BOBBY: And people tell me this all the time. I shouldn't say all the time. But I do hear it occasionally.

GLENN: Yeah.

BOBBY: Where they do bring up my sister. And there was actually an article -- I read it one time -- where the family said that the doctors told them that your son or your daughter, whoever it was at the time, is going to end up like a Terri Schiavo. And it's in your best interest to end or terminate that person's life. It's terrible. Terrible.

GLENN: How does that make you and your sister feel?

BOBBY: Well, I just think it shows you just the biases and the way we've been desensitized to just the value of human life. When we look at someone with a brain injury, and we want to just decide to end their life instead of care for them. It's just systemic to the problem we have in our culture today.

GLENN: Is this a cultural thing or is this a socialized medicine thing?

BOBBY: Well, I think it's a combination, Glenn. I think there's a lot of dynamics occurring today.

And, again, you know, you look at the food and water issue and how it's been reclassified, where food and water now is medical treatment rather than basic care.

GLENN: Right.

BOBBY: And all these changes that have been made in our health care system today that put more and more people at risk. And we're not even aware. I mean, people walk into a hospital situation, and they don't even understand that hospitals now and physicians make treatment -- you know, treatment decisions, rather than families. And depending on the situation. And I don't know if you saw recently what they tried to pass in Oregon, where they tried to pass -- and this was just the past couple of months, where they tried to make spoon feeding for those that weren't able to feed themselves with a spoon, as a form of medical treatment. And, therefore --

GLENN: Oh, my gosh.

BOBBY: Yeah. I mean, this is where we're heading. This constant push to impose values, you know, on people rather than family members, on what's their best treatment options? And make it easier and easier to end people's lives because of cost. And it was the lobby -- lobby industry that was pushing this in Oregon to try and get this legislation passed.

GLENN: Bobby -- you go to lifeandhope.com.

What can people do to help? What are you doing, and how can people get involved?

BOBBY: Yeah, I think the way people need to help themselves is become patient advocates. Understand your rights. If you are -- and appoint someone who is a strong -- we need heroic advocates, Glenn, that are going to stand in and defend you if you're in a situation where you need certain treatment and the hospital is pushing back. You need to know your rights and how to defend loved ones if something like this happens to you. Because I'm telling you -- and, again, there's some -- please don't get me wrong on this. There's some wonderful facilities out there, and we deal with great doctors all the time, and nurses. But there is this shift where we are now making quality-of-life judgments. Or, I should say the health care system is making quality-of-life judgments whether someone should live or die, based on their quality of life. And we need to understand that this is happening. And we need to know how to defend ourselves if it does.

GLENN: If you would like to get involved in Stand for Life because it may be you that can't lift the spoon and they deem that as medical treatment. Go to lifeandhope.com. That's lifeandhope.com. Bobby, best of luck. It's always good to talk to you. Thank you so much. God bless.

BOBBY: Thanks, Glenn. God bless you.

GLENN: You bet. This guy is one of the most remarkable people I've met. Really, truly. And I just don't know how to help because so many people just don't want to hear about this stuff. And he is on the front lines every day. And he has not stopped. His life changed --

JEFFY: It has been now forever.

GLENN: It's been forever. His whole life now has been dedicated because his sister was under attack. And this whole family has just -- what they have endured and what they have done because of it is remarkable. You want to stand with some really good people who are fighting, go to lifeandhope.com.

VIDEOS

TPUSA Presents This is The Turning Point Tour LIVE with Glenn Beck at the University of North Dakota

In this poignant segment of Turning Point USA's American Comeback Tour live event, Glenn Beck honors the late Charlie Kirk by revealing his private plan to name Kirk as his successor in conservative media, emphasizing Kirk's unparalleled dedication and achievements. Blending themes of faith, history, and personal resilience, Beck shares life principles on forgiveness and truth while unveiling 'George AI,' a revolutionary tool for exploring American history through digitized artifacts and interactive conversations with Founding Fathers.

RADIO

Trump's peace deal: A new era for Israel and Hamas

Israel and Hamas have signed phase 1 of President Trump’s peace deal, paving the path for the release of all remaining hostages, hopefully in a few days. Glenn and Stu explain the significance of this historic deal and what it could mean moving forward.

Transcript

Below is a rush transcript that may contain errors

GLENN: Oh. Your initial thoughts here on the peace deal?

STU: It's an incredible opportunity. I think it is important to remind ourselves, that this -- these things typically do fall apart. That is essentially your expectation, any time anything like this happens. Part of this is going to be Hamas coming through on promises.

I have very little belief that they are typically able to do such things.

That being said. They probably also -- you know, one of the things -- a friend of mine pointed this out to me. We were going through all of this.

And he said, you know, one thing to think about it: This is, like, not the B team of Hamas. But the R team of Hamas. They've killed so many of the leadership.

GLENN: Yeah, yeah.

STU: These are people making decisions that were not at the top of this organization and had those ridiculous ideological beliefs that would lead you to October 7th. That's not to mean that Hamas, these people that are left are like, "Hey, you want to invite them over for Thanksgiving."

But I do think there's a possibility here that they're like, you know, maybe this life is not here for us.

GLENN: That would be nice if that were true. I don't know if that were true. But it would be really thyself.

STU: I don't know if that's true. I do think there may be a little bit lower ideological commitment, potentially. And also, the idea that some of these people might be able to make this deal and escape to another third country.

GLENN: Yeah.

STU: And live life there, in a different way.

GLENN: So the breaking news that just was announced, Israel, their parliament or their cabinet just met or approved phase one of the deal.

And Hamas has just come out and said, they accept phase one of the deal.

That means the hostages will be released either this weekend or Monday.

Any remaining hostage will be released.

STU: I mean, just that.

GLENN: Just that.

STU: If that occurs, it is a massive achievement.

GLENN: Yes.

STU: So far, it is already the greatest opportunity we've had.

And only possible because of his detection to this idea!

GLENN: And his deal-making.

Not just his vision.

But his ability to work all of the parties and find out what all the parties need.

And make it happen.

You know, we're not talking about peace between Gaza, you know, Hamas, and Israel.

We're talking about peace in the Middle East.

STU: Yeah. It's bigger. It's bigger than just Israel.

GLENN: I mean, it's Egypt and Saudi Arabia and -- and Jordan to some extent. And -- and Turkey. All of them getting together and saying, you know what! We'll rebuild Gaza. We want to make it into a very prosperous kind of area. I mean, think of places in Saudi Arabia that are so prosperous. That's the way Gaza could be. So they're all getting together and they're saying, "We will rebuild. We'll oversee. We will try to make everything -- you know, keep everything held."

They will put their money into it, which means they have a lot to lose if it goes awry. And they're all saying, "We can co-exist with Israel."

Three years ago, did you even think that was possible?

STU: Yeah. And, you know, look, there are a lot of places you can go and find non-stop criticism of Donald Trump. They will say terrible things he does, and everything he does is the worst thing ever.

GLENN: Yeah.

STU: Also, there are plenty of places you can go where you find that everything that he does is the greatest thing of all time.

I hope you realize that's not what we do here. And I -- on a -- I said this -- and you said this as well when we -- when this was unveiled.

Sometimes, you can get -- people are critical of the way Trump handles these situations.
Sometimes. And sometimes there's arguments on that.
Sometimes it's not the best approach.

You know, we were critical of him, for example, how he handled Canada. You know, probably cost Poilievre that election. And I think that's a really bad thing.

GLENN: I do on top.

STU: That being said, this is a great example of where his instincts work perfectly. This is all set up over a long period of foundational stuff from his first term. With the decision he made, to come out and just announce the agreement with Netanyahu. We agreed. We agreed to this peace deal.

Now, in theory, we have no position to agree between these two parties. But he came out and all of the focus had been, look at all the bad things Israel is doing. Look at how bad, they're so evil. They're so bad.

And he said, we agree with Israel. Now we just need Hamas.

And so the world's attention was like, what's Hamas going to say?

Finally, he was able to focus his attention to the appropriate place. To the party that is holding the hostages, to say, hey. How about asking if they want to a freaking cease-fire for once?

He was able to do that. In a way that I think only Donald Trump could achieve. Which leads to this, over a long foundation.

GLENN: And here's another thing.

You know, this guy has walked through wall after wall after wall of fire. Everybody calling him everything. Nazi, every day.

Here's a guy who, you know, in a time period where the whole world is like, the Jews control everything. Donald Trump is run by the Jews.

He not only kept his relationship with Israel solid and helped them, when he thought they were right. But when they were wrong, in his view, he chastised them.

He knew how to do it. And still hold their respect.

And gained the respect of places like Qatar. And say, so Qatar. When he chastised Benjamin Netanyahu and Benjamin Netanyahu had to I think apologize to some degree about what they did in Qatar.

That's when the Middle East went, wait a minute.

He's not being controlled by the Jews! You know what I mean?

That should be a really big wake-up call to everybody who thinks that Donald Trump is just being controlled by the Jews.

No. No. No. He's not.

He does what he thinks is right. And he'll chastise both sides.

And he will support either side. When they're right, to get to a deal. That's good for everybody.

This deal could be amazing.

I don't have any -- and it's not because of this deal.

I happen to -- I read the end of the book. So I know how this ends.

This will not -- you know, this is not --

STU: You skipped ahead?

GLENN: I skipped ahead. I skipped ahead.

STU: Don't ruin anything.

Don't -- no spoiler alerts.

GLENN: I won't. No spoiler alerts.

Let's just say, this might last for a week. It might last for a thousand years. I don't know.

But we will be in this situation again. We all know that. We all know that. But let's take and celebrate peace while we can.

And the hostage is coming back. That is massive. Massive.

And due to Donald Trump.

Today, if you don't like Donald Trump, fine. Fine.

But how do you take this one apart?

Honestly, how do you not claim this is a massive victory, for the whole world?

STU: Well, I can tell you, that a lot of people on the left are rooting for it to collapse, which is a shockingly revealing moment. I mean --

GLENN: Wait. What?

STU: They are -- you know, they're not going to be out there like, we hope this collapse is.

But you know they hope it collapses.

They don't want to give Trump credit for it.

And they would rather have this continue. They would rather have this war go on.

Than admit that the reason it's ending is because Donald Trump was able to negotiate this deal.

That is central!

GLENN: I think anybody who has played politics with the Palestinian, you know, all that stuff. And all the stuff on the streets. That -- that has been a very effective tool for them. And so I would agree.

And they don't want that tool to be taken away.

STU: You think the Hamas wing of the party wants this? You think Rashida Tlaib is all thrilled about Donald Trump's efforts here. They will hear about Ilhan Omar -- how wonderful --

GLENN: Those are extremists.

STU: I mean that. This is a very revealing dividing line on the left. Right?

If there is anything that is ever going to happen, that Donald Trump can be given credit for. That you think this could be clear. John Fetterman. Fetterman has obviously pretty good on this issue. But Fetterman came out, gave a statement that should be basic. Basic. Like, hey, this is good. And I really hope it works. Donald Trump did a good job on this.

That's the type of stuff that should be obvious for everyone to be able to --

GLENN: That's what "Tip" O'Neill would have done. "Tip" O'Neill and Ronald Reagan, they got together. They disagreed. They fought hard, but they had dinner.

Yeah. Because "Tip" O'Neill could say, that was good. That was good. What he did was just good for all of us.

STU: That worked well. Good. I'm glad that happened. You should be glad that happened. We should all be rooting for the success here.

Even if what the -- you know, like, I rooted -- again, I have all sorts of criticisms the way Barack Obama dealt with the Middle East.

Yeah. Plenty of them. And we went over them over and over and over again.

And plenty of issues with specifically the way he went after Osama bin Laden. But on the day that it happened, really happy about.

Very happy that we were able to do it.

Now, look, it's our military that does it. They can say all this stuff too. They can say, oh, well, the real reason is. Blah, blah, blah.

But we can still be happy, that this occurred. And you can still be excited and give credit where credit is due.

GLENN: This is a win for all humankind. For humanity!

For life!

Stopping Hamas from torturing. You know, torturing kidnap victims.

Stopping the bloodshed that was happening because of the war on both sides.

That is a win. Having the possibility of a stable Middle East, at least for a while. That's a win!

That's a win all the way around. Everyone should be happy. I don't care if you like the president or not.

Everyone should be happy that mankind, put one on the chalkboard for all of mankind today.

This is a huge -- never seen -- this is on the good side. Never seen this one before. Didn't see this one coming.

I mean, we should all be able to say, wow!

And thank you. Because he's the -- I really, truly believe, when it comes to negotiating things like this, there is nobody better.

I mean, that's what he does for a living.

And he knows it. He knows how to read people. He knows how to it.

And this is evidence of it.

STU: And he will do things that are so out of the norm. That it resets everybody's thinking. You know, I mentioned --

GLENN: If he wouldn't have done that. If he wouldn't have done that, we wouldn't have all the Middle East signing on to a peace deal.

STU: I respect. What would they have done in a situation like Trump was with Netanyahu?

Their advisers would have said, "Look, this is great. You guys are together on this. Let's go to Hamas. We'll talk to them. We will see if we can get something done. We don't want to ruin it by announcing it publicly. There are times, where that tactic cannot work. But it worked really well here."

He forced them to basically say, "No, we don't want a cease-fire," or, "Okay. We'll go along with this."

And, by the way, you go down this list, there's a lot of stuff -- this is Hamas never, ever having control of this region ever again is built into this agreement. Now they've only talked about -- they're only on phase one here. So we don't know that we get all of this stuff. But like, there's a lot here that really improves the lives of Israelis, of --

GLENN: Palestinians.

STU: Arab Israelis in the region. You know, Palestinians. Other Arabs in the region.

GLENN: Saudi Arabia. Everybody.

STU: Yeah. Not to mention, just globally.

Right? This is a positive.

GLENN: Look what this does.

That's Turkey. So that separates Turkey from Syria, which is right in bed with -- with Iran.

I mean, think about how this box is. If you have the entire Middle East, now operating with Israel, and saying, we have a right to exist. Think about what that means, for this block, now to Iran. Iran doesn't mind being a pariah.

But now, everyone is officially saying, aisled do business with them.

STU: We will choose business over these guys.

That's a big statement in that world.

GLENN: That's a big deal. Big deal.

RADIO

Big investors buying gold: What does this mean for your dollar?

Gold has reached a record high price of over $4,000 an ounce. So, what does that mean for your dollar? Financial expert Carol Roth joins Glenn to explain why this news is so concerning and why many big investors have started to buy gold.

Transcript

Below is a rush transcript that may contain errors

GLENN: Well, Carol Roth, welcome to the program. How are you?

CAROL: I'm doing great, Glenn! I'm actually celebrating my 26th wedding anniversary today, so it's a blessed day.

GLENN: Oh, my gosh. Congratulations! Congratulations! It's weird. I'm coming up on my 26th on January.

CAROL: Oh, fabulous. Fabulous. It's a good amount of time to be married, yes.

GLENN: It is. It is. So, Carol. Let's talk about the price of gold hitting --

CAROL: It's over 4,000.

GLENN: Which is nuts. And I don't think people really understand. I don't think the average -- this is my guess, and I want you to correct me. I don't think the average person is buying gold. I think this gold-buying is happening from sovereign funds and central banks, mainly. Also, Asian markets. I don't think Americans really understand what $4,000 an ounce means. Can you explain it?

CAROL: Absolutely. I think the world both, investors and central banks are catching up to the things that you and I have been talking about for years. So, you know, we're ahead. We warned everyone. And now this is a little bit of catch-up. Interestingly, you know, as you noted, the average American is very behind in terms of what gold means.

When you look at Chinese households. When you look at Indian household. There are estimates that each one of those country's households owns up to 30,000 tons of gold at this point. Which to put that in context, the US government owns 8,133 times.

GLENN: So the Indian households, all of them combined, 27,000 tons.

CAROL: Right.

GLENN: What we say we have, is he 8100. Wow!

CAROL: So the households in China and India are really ahead of the curve. When you look at data for the US, it's a little bit hard to get good data. But from what I've seen, the estimates are only about ten to 11 percent of US households at all, have exposure to gold.

Now, I know that your audience is very sophisticated and is ahead of the curve. And I would imagine blows through that number. But just shows how sort of unprepared US households are in general.

GLENN: When you're looking at Indian and Chinese households that own gold. Does that include all the gold jewelry?

CAROL: Yes. Yes. That's actually, particularly in India. One of their preferred ways of procuring gold. Yeah.

GLENN: Okay. So gold has -- gold has shot up over $4,000 in record times. I mean, breathtaking time. What is causing that?

CAROL: Okay. So there are a confluence of factors, and I think the two most important factors, which, of course, are linked. Are what Wall Street is now calling the debt debasement trade. Which they're just caught up. And gave it a cute name.

And changing the global financial order. And they're very much linked.

GLENN: Yeah. Tell me, what is it? The debt debasement? What is that?

CAROL: They're doing the debt debasement trade, which is just basically what you and I have been talking about, which is our unsustainable fiscal position.

GLENN: All right.

CAROL: And what all of the money printing that we've seen over the past 17 years, what that has done to our purchasing power, and how that's going to catch up to us.

So as a reminder, our debt to GDP is at emerging market crisis levels. We were at 120 police levels of GDP.

We're running deficits equivalent to a war-time level. Or recession level, while we still have growth.

Which is crazy. We have interesting interest rate -- or interest payments that are outpacing defense spending.

So everyone is now finally catching on to the fact that this is an unsustainable financial position.

And it is going to be very difficult to get out of. Without there being some sort of additional debasement of our currency. Which is a fancy way of saying, a diminishment of your purchasing power.

What's really crazy. There's a chart that's been going around, and they did kind of a comparison of different asset classes. Price in US dollars, price in gold.

So if I look from the end of September 2018, out seven years, and you look at the top 100 NASDAQ nonfinancial companies. It's called the NDX. In US dollar terms, that is up 236 percent. So you think you're super rich, right?

But in gold terms, solid money that doesn't -- you know, that doesn't have its value debased. It's only up 4.7 percent.

GLENN: Oh, my gosh.

CAROL: Yeah. Of course. The S&P 500 up 133 percent over that period in dollar terms. It's down 27.6 percent in gold terms.

And what's called the Case-Shiller Home Price Index, which is the value of homes, the way that's measured. Dollar terms, 60 percent. Oh, houses. So expensive In gold terms, it's down 50 percent.

In fact, right now, it takes less gold in terms of ounces, to buy the median single-family house, than it has in decades and decades and decades.

So it goes to show, that even though we see these dollars. They're buying less and less. And now, you and I were talking about this forever.

But now Wall Street is catching on. Oh, that's not a great thing. And so in terms of preserving the hard-earned capital, we need something that is that -- that hedge. That mutual hedge that is going to retain its value.

And that's why more investors, institutional investors. Funny enough, a lot of millennials, more than anyone starting to really get in to gold.

GLENN: You know why? Because millennials have not been trained their whole life. Trust the system!

CAROL: Yes.

GLENN: And they see it clearly. And they look at it, and they're like, well, this doesn't make any sense at all. And they're going to spend this.

And they will wreck the dollar and everything else. They just see it without being trained over and over and over again. Like, trust the system. They don't trust the system.

And once you realize, the system is rigged in a million different ways. And the system is not telling you the truth.

I mean, that is amazing. When you look at the stock market. And you say, it's actually down, when you compare it in US dollars. To gold!

What's happening -- let me explain this to the audience. What all that means is: Gold is only going up in dollars. It's staying -- it's staying stable. But it's costing you more because of inflation. The dollars are buying less! So it looks like you're paying more, but you're really not. It looks like the stock market is going up, but it's really not! It's what it costs to get in with dollars. If you're going in with gold. You'll actually see that if it was all done in gold, the stock market is down. The price of housing is town.

It's the dollar. It takes more dollars to buy, than it does with gold, which holds its value.

That is -- if people could understand that one thing, that changes all the conversations of, the government has to do something to make housing more affordable. No, they don't. They have to stabilize the dollar. They have to stop spending so much money.

CAROL: Yeah, I mean, if you think of the three definitions of money, it is a medium of exchange. You know, how you helped to exchange goods.

It's a unit of account, which we say, things are priced in dollars, and it's supposed to be a store value. The unit of account, that you just talked about. My friend Steve Forbes has a great analogy, and he talks about other measurements.

You know, imagine that your clock, you know, one day, at 12 o'clock, you know, means midnight. And another day, 3 o'clock means midnight. Or 6 inches to measure a curtain one day. And then the same measurement is like a foot, a different day.

You can't have -- a consistent measurement if the unit of account continues to change. And that's what we've been seeing here with the dollar. And unfortunately, it has not been to our favor.

Which means, that when you work really hard to earn something and it's valued in a dollar, that over time, that -- that work that you put out, your productivity is worth less and less.

And so what gold is meant to do. It's meant to be Capitol preservation. It's not a risk asset. It's not meant to take on risk. And maybe go up a ton. And maybe go down a ton. It's really meant to be a counterbalance to what you have earned. So that you can preserve your purchasing power.

GLENN: You know, I've been saying this for a long time. That you put your money. And I have money in the stock market. You put the money in the stock market.

If things really go awry, go ahead. You're going to cash out for an awful lot of money. But those dollars. It will be paid back to you in dollars.

Those dollars will be worth less, even though there's more of them stacked up, than that ounce of gold, or, you know, that 10 ounces of gold, or whatever you had!

The stock market is paid in dollars. And so as the inflation goes up.

But gold keeps its value!

Keeps its value and hold it steady.

So, yeah. You will be paying more in dollars if you try to sell your gold. But that will continue to increase while stock markets will go down. Am I right?

CAROL: It's a counterbalance. So if things were to shift, and for some reason, you know, things were to change with the dollars, which we would need a lot of different catalysts. Then your gold goes down. It's a counterbalance, which is why it's important to have that diversification in your portfolio. And to have the gold hedge.

What's interesting, Glenn. Just the history, we're talking about millennials.

You know, they went through the great recession. Financial crisis.

They're kind of keyed into this. But if you think about when we came out of the '70s with this crazy inflation. We came out of the gold standard. It used to be very commonplace for a financial adviser to sit down and say, okay.

We've been through this. And so you should be putting, you know, five to 10 percent of your portfolio in gold. As the stock market took off in dollars. And became this big thing.

And they started seeking fees. That went away. Financial advisers, who don't get paid sometimes at all, when you allocate to gold. Stop recommending it.

GLENN: Yep.

CAROL: And now we're seeing a shift back, now we're seeing, you know, oh, yes. You should have some. Some of the big names out there saying, even more.

GLENN: Ray Dalio just came out and said, 15 percent.

CAROL: Yes, we've seen big names like that, anywhere from ten to 20.

And when they surveyed high net worth investors, which are $250,000 in assets or more, they're averaging right now, 21 percent of their holdings in gold.

So it's a very big flip in recent years, on how this is being viewed bit people who have accumulated those dollars and are worried about them.

GLENN: Okay. So let me just summarize here before we move on. On to some other questions.

That is exactly what my grandfather who lived through the great depression said. What are the people with big large amounts of money doing?

I want to do that. And if I did do that. I would be better off in the great depression.

You just heard it, 20 percent or more, right?

From big dollars.

They're investing in gold. 20 percent!

You should -- you should have some!

CAROL: And it's interesting. Some of the portfolios we're seeing is coming from not only the equity peace, but from the fixed-income peace, which is pretty interesting too.

GLENN: Amazing.

TV

Unmasking Antifa: The Dark Truth Behind Its Well-Funded Network | Glenn TV | Ep 461

The cities of Portland and Chicago are turning into war zones. Federal agents have been ambushed, police have been ordered to stand down, and mayors are defying the Constitution. It’s insurrection in plain sight. Glenn Beck heads to the chalkboard to uncover the hidden support and funding networks propping up Antifa. Glenn debunks the myth that Antifa is decentralized and leaderless, tracing connections from Soros to Tides and other shadowy nonprofits. Plus, independent journalist Nick Sortor joins from outside an ICE facility in Portland, where he was wrongfully arrested by police following attacks by Antifa members.