RADIOSeptember 12, 2024

The REAL reasons Springfield, Ohio, residents are concerned about Haitian migrants

What’s really happening in Springfield, Ohio? Are Haitian immigrants eating ducks, geese, and pet cats, as internet rumors have claimed? Glenn speaks with Blaze Media National Correspondent Julio Rosas, who traveled to Springfield to find the truth. He tells Glenn that while he can’t speak to how widespread the issue of missing pets and ducks is, it has been raised by citizens “for months.” However, that’s not the only thing. “ANY ISSUE that the residents have been raising over the 20,000 Haitians being put into their city…a lot of the residents feel that the city commission is just not listening to their problems, or they’re not willing to do anything about it because there is a lot of MONEY involved in the decision.” Julio describes what he heard from residents — women feeling unsafe, the city not enforcing fire codes, landlords renting out BEDS, not houses. Plus, he explains why some residents have either started to embrace the “new normal” or are afraid to speak out.

Transcript

Below is a rush transcript that may contain errors

GLENN: Julio now is at -- in Springfield, Ohio.

Talking about the Haitian influx. To see what's really going on. He's our national correspondent. Julio Rosas, welcome.

JULIO: Yeah. Glenn. Thanks for having me.

GLENN: You got there yesterday?

JULIO: I got there late Monday night.

GLENN: Okay. Okay. So what have you found on the ducks and the geese and everything else?

JULIO: Well, I can tell you that it is an issue, that has been raised to the city for -- for months -- months before this -- this got brought to the national attention, you know, last week and into this week.

You know, I can't speak to how widespread it is. But it's been enough of a problem that people have been saying, hey, you know -- like, we've been seeing this. Like, I've heard about this.

Can the city look into it? And from my understanding, not just the duck issue -- you know, the pet issue.

But overall, any issue, that residents have been raising over -- over the 20,000 Haitians being put into their city.

A lot of the residents feel that the city commission is just not listening to their problems, or they're unwilling to do anything about it because -- because there is a lot of money, being involved in decisions. Because, you know, they're -- these -- these Haitians, they have jobs. That's why they're able to be here legally. They have protected status.

GLENN: Wait. Wait. Wait. Wait. They have jobs?

JULIO: Yes. That's --

GLENN: How did they do job placement for 15 or 20,000 Haitians?

JULIO: It's through a temp agency called First Literacy. It's based here in Springfield. And that's one of the tension points within the American citizens here. Is that everything seems to be revolved around accommodating the Haitians first. And the American citizens second.

And that's why they're upset at city commissions. Because the city commission appears that they want to make Springfield seem as accommodating as possible to the Haitian population.

Which includes, not towing cars of unlicensed drivers. Surrounding -- or, having to do that.

Because, you know, they're not very great drivers admittedly. It's called some people to be killed. There have been some accidents on the road. But Springfield in the past, have not been willing to toe their cars. Whenever there's an accident or whenever they're indicate driving recklessly. So that's one of the reasons why people no longer drive into Springfield.

I was in Fremont City, just five minutes to the North.

They no longer go to the Kroger or the Walmart in Springfield. They go to the cities up North to do the shopping. Because they say, even being on the road, it's too dangerous.

GLENN: I -- I've got to believe that a town that small. I mean, Kamala last night said, it was a mid-sized town.

No, it's not. That's -- 50,000 people is a small town in America. And I got to believe, you put 20,000 immigrants from anywhere, that are not, you know, looking to blend in. And be part of society.

I've got to believe, that has totally changed the culture. And if I were a resident, I would be pissed.

Who is the federal government to do this to my town?

Is that the feeling you're getting from people.

JULIO: Right. Yes. I was at the city -- so while most people were getting back from the debate last night, I was at the city commission meetings that they have.

And a few people spoke, to -- during the public comments portion, where one woman. She's 58. She's elderly. She lives on the south side of town. The south side of town is where most of the Haitians have been put. And are living at right now.

And she said, she doesn't even leave her house right now. Without her gun and her 120-pound pit bull. Because she has been followed. She has been groped by Haitians. She's been accosted verbally. And she said, I'm very worried about the women of this town, because they're very aggressive towards women. And it's -- and, you know, that was just one person. But there's a lot of -- you know, yes. The pet issue is one thing.

But even on the housing alone, what's been happening is that landlords have -- you know, you say you have a family of four. The landlords don't renew their lease with them.

And then they replace them with up to 15 Haitians.

They're not even renting.

They're not even renting the house.

They're renting -- they're charging them, I've been told, $200 a week for just the bed.

And it was explained to me, that the bed never gets cold because there's just a constant rotation of people that use it for those late hours.

Then they go to work. And then they come back, and it just starts all over again.

So you put -- you know, two sets of bunk beds in a room. That's six people. Right?

GLENN: That's the way it works in China.

JULIO: Yeah. Yeah. Can and so the landlords are getting a lot more money from this. And the city is not enforcing the fire code.

So that's a fire hazard.

When you have that many people, crammed into one -- you know, a two-bedroom, a one-bedroom place. And -- but you have 15 people inside. That's a fire hazard. But the city has refused to enforce the codes.

Again, to try to accommodate the Haitians as much as possible.

And American citizens, who haven't been able to afford to leave. They have ended up homeless.

There's encampments that spring up -- sprung up around Springfield.

It's not because of just homeless people, like Los Angeles, that are drugged out.

It's, they can't afford anything else.

And that's their only option.

GLENN: I have to tell you, if this were happening in my city and somebody came to enforce some sort of ordinance, you know, I was building a house. And they were like, you've got to get a permit for this.

Because we have to know for fire safety. I would tell them, go to hell.

When you decide to have everybody if along with your rules.

Then you can come see me. I mean, this is -- this is -- this is a -- a -- a national nuclear bomb, that is about to go off.

People are not going to tolerate this.

You know, I heard a guy yesterday, he was a vet.

And he was in Chicago. And he said, what is happening here?

We have vets on the street!

I'm barely making it.

We have homeless people. You're doing more for these -- these illegals, than you're doing for us.

And then he said, the key words.

He said, you need to do that, for us. As well.

Well, that's universal everything.

And they're pushing us into this.

This is -- you cannot push these cities to the brink like this.

This is Cloward and Piven.

And the result will be Communism. If Kamala has her way.

This is extraordinarily dangerous. What can be done to help Springfield, Julio?

JULIO: Well, that's interesting. Because, again, during the public comment section of the meeting last night.

I would actually say more people spoke in favor of just saying, well, the Haitians are here. There's nothing we can do about it.

We just need to work through it. As opposed to saying, we need to stop accepting Haitians.

GLENN: You've got to be kidding me.

JULIO: So it kind of appears, you know, from -- there's a sizeable amount of people who have just resigned themselves to this new reality.

And it doesn't seem like -- and, you know, obviously, that's just one snapshot of the community. But it -- but I also -- I also think that people are afraid of speaking out on the issue.

Because -- because of the national attention.

And just because of the environment that we're in.

They're afraid they will be called racist. They are afraid they will be called bigoted and everything else.

It's a small town. So everybody knows everybody.

And so I think that's part of the issue. But that in and of itself is a big problem. Because if you're not going to speak out about it. Then the loudest voices will get their way. Right? So in terms of what could be done with Springfield.

Nothing will change. Nothing will change, if Harris takes back the White House. And it's not going to be just Springfield. It will be more -- it will be, yeah, cities across the country.

And so I think it's significant, that -- I started my reporting, on the border crisis. It was always on the border.

And, you know, now we're hearing the end of the Biden/Harris term.

Her term. And I'm having to do immigration stories in America's heartland.

GLENN: Every town is a border town. We've been saying that for years now.

JULIO: At first, it sounded a little corny. You know, it didn't sound very -- but it is -- it is 100 percent true. And it's not just Chicago. It's not just New York City. It's not just Denver.

It is any -- any town can face this, within the next couple of years.

GLENN: Julio, we'll talk to you again, maybe tomorrow.

Thank you so much for the update. I appreciate it.

Julio Rosas. He's TheBlaze media national correspondent.

Now, let me say something. You're not going to fix this. Nothing will change, if you just acquiesce.

If you just go along with it. Well, there's nothing I can do.

Do you see that they're testing you again?

This is like COVID. Wear a mask, 6 feet apart. Stay in your house. No kids going to school.

They're -- they know what they could get away with on that. Now, what are they doing?

They're taking jobs. And giving them to illegals. Without taking care of our own people, first!

And you're just resigned to that?

Nothing will change, in this country. And, you know what, I believe Donald Trump was saved by the Lord. I believe that was a miracle, that he turned his head.

When you see the picture, of the bullet, as he's turning his head, that's a miracle.

It's a miracle that that guy got up, it's a miracle that that guy got up, and said, stand your ground.

Fight!

It's a miracle that that guy goes on stage every day.

He's actually in the fight.

And we're going to say, I don't want to be called racist.

That word has no meaning anymore.

No meaning. No words have meanings. If I may quote my mother, sticks and stones will break your bones.

But words will never hurt you.

You've got to stand up. If you don't, you will get what you deserve.

You will first become part of the problem. And then you will be part and parcel with the wrong side.

You know what's right. You must stand up.

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.

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.

Gold is at $4k an ounce. What that means 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.

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.