Sam Bushman and Heath Perkins from FreeWaterCoinCo.com break down the Honest Money Report with hard-hitting economic analysis that the networks refuse to cover.
Gold sits at $4,721 and silver at $75.74, yet prices are oddly disconnected from the war and global instability driving them. Oil tops $90 a barrel with gas prices not expected to fall until 2027 at the earliest, and even that may be optimistic as the Strait of Hormuz becomes permanently unreliable.
Consumer credit card debt hits record highs as households pull back on spending. The housing market stays locked up by high mortgage rates, limited inventory, and a hidden culprit: Airbnb is quietly pulling thousands of full homes out of the market for good. And beyond the real estate math, there's a bigger neighborhood security problem that nobody's talking about.
Then Sam and Heath drop into the big picture: a comparison between today's economy and the Great Depression reveals we may actually be worse off. Median wages, home buying power, tax burdens, the gig economy, it all adds up to what one economist is calling a Silent Depression.
Plus: why $1.25 minimum wage in 1964 in silver quarters would be worth $67.62 today, and what that tells you about the dollar.
Timestamps:
0:00 Intro: Broadcasting from the Rocky Mountains
0:19 Today's headlines: oil, gold, housing, cyber attacks, and more
1:28 Gold at $4,721 and silver at $75.74, where things stand
3:14 Oil above $90 a barrel, why it's connected to the Strait of Hormuz
4:07 Gas prices not expected to fall until 2027
7:54 Consumer spending slows as credit card debt hits record highs
8:14 Housing market locked up by rates, inventory, and Airbnb
8:46 Airbnb is pulling full homes out of the market permanently
16:01 Neighborhood security crisis: who's actually coming and going
17:47 Small businesses squeezed by wages, rent, and supply costs
18:31 1964 minimum wage in silver quarters equals $67.62 today
20:22 Comparing today's economy to the Great Depression
21:58 We are overemployed and still can't keep up
24:07 The hedge: gold, silver, and honest money
24:29 Closing thoughts and prayers for the economy
Call to Action:
For honest money solutions, talk to Heath Perkins at freewatercoinco.com or call (801) 377-1574. For more hard-hitting news the networks refuse to use, subscribe and find Liberty Round Table on YouTube, Rumble, X, Truth Social, libertyroundtable.com, and libertynewsradio.com. And join us in Salt Lake City on June 6th for the John Birch Society conference at jbs.org/slc26.
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