WEBVTT 00:02.380 --> 00:06.420 Well, ladies and gentlemen, it has happened. 00:07.060 --> 00:10.040 The forecast that people thought I was crazy 00:10.480 --> 00:15.120 to make is now here, and now for the fallout of this. 00:15.500 --> 00:17.200 So what are we gonna talk about today? 00:17.520 --> 00:18.360 A lot of stuff. 00:18.480 --> 00:21.500 I think you'll find this live stream very interesting. 00:21.600 --> 00:23.300 Indeed, we've got a lot to cover. 00:23.860 --> 00:26.740 I have no idea how long this is gonna go on for, 00:27.140 --> 00:29.340 but we've got a lot to go over today. 00:29.720 --> 00:31.860 So let's start with the big news, 00:31.860 --> 00:34.040 which affects pretty much everything else. 00:34.820 --> 00:36.640 So everyone's focused right now on the war 00:36.640 --> 00:38.580 and missiles and everything going on. 00:39.360 --> 00:42.740 And finally, I would say the mainstream media has caught up 00:42.740 --> 00:46.760 with what I was talking about a long time ago. 00:47.720 --> 00:50.180 If you ever wanna, someone said to me the other day 00:50.180 --> 00:54.140 that they, I don't exactly know what their job title is, 00:54.180 --> 00:55.600 but they work at Bucky's, right? 00:55.740 --> 00:57.600 They work at an online gambling site. 00:58.080 --> 00:59.520 And they say, we're always watching you 00:59.520 --> 01:01.860 because you say things are gonna happen 01:01.860 --> 01:05.780 way before they do and all this sort of crazy stuff. 01:05.940 --> 01:07.120 So what has now happened? 01:07.640 --> 01:10.960 Oil, let's get onto the shared screen a moment 01:11.480 --> 01:12.580 and I'll show you everything. 01:13.040 --> 01:16.800 Oil has now hit $100 a barrel. 01:17.020 --> 01:21.740 In fact, I broke a sweat over, when was this? 01:21.820 --> 01:23.520 Was this this morning, overnight 01:23.520 --> 01:27.720 when I woke up and saw this, $118 a barrel. 01:27.720 --> 01:30.680 Now, it's even worse than this. 01:30.780 --> 01:32.100 You remember what we talked about on Friday? 01:32.300 --> 01:34.680 I said, Philip, you're heating oil tanks now 01:35.280 --> 01:38.620 and it's up 51% on them. 01:38.720 --> 01:40.240 These were all the energy costs, okay? 01:40.660 --> 01:44.460 And you'll see why this is important very shortly 01:44.460 --> 01:48.640 and we'll talk about G7 and what they are doing as well. 01:49.140 --> 01:51.520 This is a huge mistakes, ladies and gentlemen. 01:52.720 --> 01:56.760 The G7 are about to make a massive, massive blunder. 01:57.720 --> 01:59.400 Which is no surprise to us 01:59.400 --> 02:03.180 because we know that our leaders are not the strongest, 02:03.360 --> 02:04.620 especially the Western leaders. 02:04.960 --> 02:06.700 We'll see what some of the other leaders do. 02:06.980 --> 02:08.300 Maybe sanity will prevail, 02:08.420 --> 02:10.720 but this will create a huge issue. 02:11.500 --> 02:12.360 Now, the other thing people, 02:12.620 --> 02:14.900 I must have been asked this question five times today. 02:15.460 --> 02:17.340 Neil, is Trump telling the truth 02:17.340 --> 02:19.320 about this war being over in five weeks 02:19.320 --> 02:22.000 and energy costs are gonna come right back down 02:22.000 --> 02:23.040 and be cheaper than ever? 02:25.000 --> 02:26.420 I would say probably not. 02:26.980 --> 02:29.420 If this war is over in five weeks, 02:29.600 --> 02:33.020 I will be absolutely amazed, amazed. 02:33.640 --> 02:35.500 The only way I can really see that taking place 02:35.500 --> 02:37.700 is via diplomatic measures. 02:38.180 --> 02:40.380 So if the new leader of Iran, 02:41.060 --> 02:43.020 which is the son of the old leader 02:43.020 --> 02:44.740 and Trump's not happy about this at all, 02:45.160 --> 02:48.320 is if he sort of throws his hands up and says, 02:48.400 --> 02:49.920 okay, we surrender. 02:50.420 --> 02:52.120 I think that's highly unlikely. 02:52.680 --> 02:56.360 Highly unlikely because sons always want to avenge 02:56.360 --> 02:58.500 their fathers and that's obviously 02:58.500 --> 02:59.920 why he was elected as well. 03:00.380 --> 03:02.420 So I don't think this is gonna be over in five weeks 03:02.420 --> 03:05.300 unless it was diplomatic. 03:05.680 --> 03:08.240 If it's militarily, I don't see it at all. 03:08.800 --> 03:10.820 And we're also seeing very skewed, 03:11.460 --> 03:14.460 I don't wanna say too much on it, 03:14.480 --> 03:16.780 but we're seeing very skewed reporting 03:16.780 --> 03:19.100 of what's actually taking place. 03:19.700 --> 03:23.340 There's actually a lot of things happening on both sides. 03:23.880 --> 03:26.500 The way the Western media reports it is as if 03:26.500 --> 03:30.240 it's just, Iran is just helpless 03:30.240 --> 03:32.220 and nothing's even hitting, 03:34.620 --> 03:35.820 everything's just hitting them 03:35.820 --> 03:37.540 and nothing's coming back and things like that. 03:37.820 --> 03:38.920 That's actually not true. 03:39.040 --> 03:43.020 There has been a lot of incidents on both sides as well. 03:43.840 --> 03:46.860 And I think it's really clear important to mention that 03:46.860 --> 03:48.240 because if we don't mention it, 03:48.240 --> 03:51.320 we look at everything with a vision of buyer. 03:51.540 --> 03:53.420 So we've got to look at things as they are. 03:53.620 --> 03:56.220 And you can get news from all sorts of different places 03:57.120 --> 03:57.860 on this. 03:58.320 --> 04:01.600 Some interesting things come through X and other platforms. 04:02.100 --> 04:03.840 So here's what we've got then. 04:03.920 --> 04:05.480 We've got this $100 a barrel 04:06.520 --> 04:10.020 and we've had the oil price spiral maybe slowed 04:10.020 --> 04:12.380 but not stopped by G7 emergency move. 04:12.680 --> 04:14.380 So let's talk about this for a moment then. 04:14.860 --> 04:18.320 Oh, and by the way, if you didn't get the emails 04:18.320 --> 04:20.100 or anything, the new program, 04:20.320 --> 04:24.160 the digital income mastery system is now out. 04:24.300 --> 04:26.280 So it's ready for pre-release. 04:26.760 --> 04:28.980 The first two modules are available. 04:29.560 --> 04:31.240 There's a video, there's a link below. 04:31.380 --> 04:32.700 You can watch this video 04:33.320 --> 04:36.900 and you can actually get access to this. 04:37.120 --> 04:42.360 So let's talk then about this oil situation. 04:42.840 --> 04:44.440 Okay, we've got to go through the oil situation. 04:44.680 --> 04:46.960 I'm just going to go over a few of my notes here as well. 04:47.560 --> 04:48.320 So this is what happened. 04:48.420 --> 04:50.800 G7 ministers had a meeting this morning 04:50.800 --> 04:52.200 and I'll give you some forecasters 04:52.200 --> 04:53.540 a sort of worst case scenario. 04:54.060 --> 04:55.820 So they held an emergency call 04:55.820 --> 05:00.520 and this was to discuss dumping 300 to 400 million barrels 05:00.520 --> 05:02.720 of oil from the strategic reserve. 05:03.120 --> 05:06.000 Oh, and by the way, Segway here, 05:06.760 --> 05:08.240 I was just looking up the, 05:08.540 --> 05:10.820 because Kirsten and I called an emergency meeting 05:10.820 --> 05:13.160 with some of the gas companies and energy companies 05:13.680 --> 05:14.920 and I thought that was interesting. 05:15.600 --> 05:18.100 Why is he calling this emergency meeting 05:18.100 --> 05:20.120 when they're saying that the reserves, 05:20.180 --> 05:22.120 they've got 30% fall and things like that? 05:22.280 --> 05:24.000 Well, let me tell you, 05:24.420 --> 05:27.880 I did a few investigations, shall we say today. 05:28.700 --> 05:31.920 And as of today, the 9th of March, 05:32.520 --> 05:35.560 the stored natural gas reserves in the UK, 05:35.700 --> 05:37.080 this is by national gas, 05:37.750 --> 05:42.160 is only 6,700 gigawatts at ours. 05:43.000 --> 05:47.580 That is equivalent, okay, to 1.5 days supply. 05:48.660 --> 05:50.980 And that's why I said they were falls 05:50.980 --> 05:54.740 for not filling up the strategic reserves weeks ago 05:54.740 --> 05:55.740 when they could have done. 05:55.960 --> 05:58.480 Now, they're gonna have to buy all of this natural gas 05:58.480 --> 06:01.360 from Europe and Europe is also needing to fill up 06:01.360 --> 06:02.380 because they didn't fill up either. 06:03.840 --> 06:05.840 It's painful, it's painful. 06:06.320 --> 06:10.300 So this is not looking good with the natural gas. 06:10.620 --> 06:11.480 It's really not. 06:12.180 --> 06:14.260 So let me go over my thoughts on it there. 06:14.780 --> 06:16.240 Okay, so why were they meeting? 06:16.500 --> 06:19.940 They said that dumping all this oil 06:20.400 --> 06:22.680 would resolve the $108 price, 06:22.760 --> 06:23.980 which is what it was at the time. 06:24.620 --> 06:25.860 That won't resolve it at all. 06:25.980 --> 06:27.380 That's not gonna solve the problem. 06:27.680 --> 06:30.640 That's a drop in the ocean for what it really is. 06:31.420 --> 06:33.400 So if we look at global oil consumption, 06:33.400 --> 06:36.000 this is 103 million barrels per day. 06:36.100 --> 06:37.500 Give or take a few barrels. 06:38.280 --> 06:41.000 And now that we've got the straight of Homoose closed, 06:41.460 --> 06:44.100 this is somewhere between four and six million barrels 06:44.100 --> 06:45.500 that's removed from the supply. 06:46.220 --> 06:48.540 So that's called that four to 6% average 06:48.540 --> 06:49.860 of 5% of the supply. 06:50.860 --> 06:53.360 Already, if you've got no way to ramp it up 06:53.360 --> 06:56.460 and get rid and export, you already got a problem. 06:56.680 --> 06:57.720 You're already gonna see that 06:58.160 --> 07:00.520 and it's gonna ripple through the economy. 07:01.020 --> 07:05.040 Iraq has already cut 1.5 million barrels per day as well. 07:05.520 --> 07:06.960 Kuwait is cut in production, 07:07.280 --> 07:09.760 Bahrain has declared force majeure. 07:10.720 --> 07:13.120 So you take that 400 million barrels. 07:13.500 --> 07:14.660 This is the high end, right? 07:14.740 --> 07:15.640 Of what they're talking about. 07:16.500 --> 07:17.700 And then let's look at that. 07:18.640 --> 07:20.560 Can we divide that by the daily gap? 07:21.660 --> 07:23.500 Either way, yeah, if we divide it by, 07:25.060 --> 07:27.060 you're somewhere in the region of, 07:27.220 --> 07:28.140 I've got my calculator there, 07:28.140 --> 07:32.660 but something like 67 days, 67 to 70 days, 07:33.120 --> 07:34.440 that is basically it. 07:34.660 --> 07:35.980 That's the global coverage. 07:37.500 --> 07:42.180 That is what we're about to see. 07:42.680 --> 07:45.380 And now I wanna pull up a couple of forecasts 07:45.380 --> 07:46.320 I did for you there. 07:47.220 --> 07:49.800 So if we're at $100 a barrel now, 07:50.140 --> 07:51.720 and I'll just give you facts here 07:51.720 --> 07:52.780 and then I'll give you forecast, 07:53.540 --> 07:58.120 that means we'd be looking at two to 3% 07:58.120 --> 08:02.060 by my forecasts of inflation globally. 08:02.640 --> 08:03.620 That is huge. 08:04.160 --> 08:04.940 What will that do? 08:05.100 --> 08:06.700 It will squeeze consumer spending. 08:07.020 --> 08:08.660 It will cut corporate profits. 08:08.920 --> 08:11.660 And this is why this week you'll start to see 08:11.660 --> 08:12.920 through the stock market, 08:13.020 --> 08:15.720 you'll start to see certain stocks falling 08:15.720 --> 08:18.920 because the big funds aren't stupid 08:18.920 --> 08:20.220 and they've got all the algorithms 08:20.220 --> 08:22.080 they will know ahead of time 08:22.080 --> 08:23.660 what is about to fall 08:24.220 --> 08:25.760 and what is about to have issues 08:25.760 --> 08:28.400 as a result of these higher energy prices, 08:28.540 --> 08:29.640 higher oil prices. 08:30.100 --> 08:31.100 So this is what we're gonna see. 08:31.700 --> 08:35.020 We're gonna see oil importers, a lot of deficits. 08:35.700 --> 08:37.800 We're gonna see exporters, Saudi Arabia, 08:37.800 --> 08:40.320 Russian gain revenue. 08:40.720 --> 08:44.080 However, Saudi is now talking about these cuts as well. 08:44.500 --> 08:46.500 You're gonna see a massive drop in GDP, 08:46.820 --> 08:49.120 what 1% just at this level, okay? 08:49.120 --> 08:51.260 So this is just where we are right now. 08:51.860 --> 08:55.240 Now if this goes to say $120 a barrel, 08:56.380 --> 08:59.580 5% inflation global, that won't be equal. 09:00.040 --> 09:02.860 So that will be a lot worse in Europe and the UK, 09:03.020 --> 09:04.540 but 5% global. 09:05.320 --> 09:07.480 You'll then see what we mentioned last week. 09:07.660 --> 09:10.500 So you'll see central banks start to raise rates. 09:10.840 --> 09:12.960 That's gonna have an impact on everything. 09:13.640 --> 09:14.660 Mortgages, et cetera. 09:14.740 --> 09:15.660 So if you've got a mortgage 09:15.660 --> 09:17.760 it's about to renew very shortly. 09:17.760 --> 09:19.880 I'd better consider locking that in. 09:20.760 --> 09:22.640 Up to you, not financial advice. 09:23.840 --> 09:25.760 Possibly stagflation we could see. 09:26.360 --> 09:29.440 GDP drops of easily 2% globally. 09:30.400 --> 09:32.500 And then if we got to $150 a barrel, 09:32.720 --> 09:35.660 which Morgan Stanley has just come out today 09:36.050 --> 09:39.840 and made a forecast that they see $150 a barrel 09:39.840 --> 09:42.440 by the end of, I think they said four weeks or five weeks. 09:43.020 --> 09:47.720 Ladies and gents, $150 a barrel will, 09:49.140 --> 09:51.100 I mean, do you remember the food riots that we saw? 09:51.760 --> 09:52.660 The food riots. 09:53.080 --> 09:55.540 And what was that $120 a barrel? 09:55.820 --> 09:57.420 A hundred, I can't remember the exact amount. 09:57.520 --> 10:00.540 It's between $120 a barrel where we are right now. 10:00.900 --> 10:01.820 This is gonna be bad. 10:02.100 --> 10:07.500 So $150 a barrel, five to 8% global inflation, 10:08.120 --> 10:10.320 global recession, certainty. 10:10.820 --> 10:15.040 GDP contracting by 3%, airlines, autos, chemicals. 10:15.660 --> 10:16.280 They'd go bankrupt. 10:16.860 --> 10:19.120 And I mean bankrupt without government intervention. 10:19.920 --> 10:21.840 You will see war as well. 10:22.000 --> 10:24.720 Often you'll see war breaking out. 10:25.120 --> 10:27.840 So this is not good at all. 10:28.980 --> 10:30.620 Not good at all with everything 10:30.620 --> 10:32.220 that I'm actually seeing here. 10:32.440 --> 10:36.040 So let's go through a few of the articles then. 10:36.660 --> 10:38.540 Actually, before I mentioned that jet fuel, 10:38.540 --> 10:42.560 European jet fuel up over 70% this week. 10:43.100 --> 10:44.960 So if you haven't booked your flight in yet, 10:45.020 --> 10:47.540 you might be too late if you were looking to get a flight. 10:48.380 --> 10:50.220 40% of Europe's jet fuel 10:50.220 --> 10:52.440 comes from the Strait of Homoos as well. 10:53.640 --> 10:56.620 Saudi Arabia has now, we've just got confirmation here. 10:56.980 --> 10:59.740 Saudi Arabia has started oil output cuts. 11:00.740 --> 11:03.100 And yeah, they've started. 11:03.340 --> 11:04.560 It's actually official now. 11:04.560 --> 11:07.700 This is out of Bloomberg today 11:08.300 --> 11:10.680 in the last few hours, Saudi has started. 11:11.300 --> 11:12.980 Europe though, I think is heading towards 11:12.980 --> 11:15.020 a massive, massive energy crisis. 11:15.740 --> 11:18.580 And somehow, Stammer, the UK thinks 11:18.580 --> 11:21.100 they're gonna get their energy from Europe 11:21.680 --> 11:23.120 when Europe hasn't got any. 11:23.560 --> 11:25.100 Gazprom has made an announcement 11:25.600 --> 11:29.400 that the level of gas reserves in storage facilities 11:29.400 --> 11:32.560 in the Netherlands alone is under 10%. 11:33.100 --> 11:35.220 And Netherlands is panicking. 11:35.800 --> 11:37.500 But this was one story I wanted to show you 11:37.500 --> 11:39.980 that I thought was absolutely crazy today. 11:40.480 --> 11:41.480 Crazy, here we go. 11:42.140 --> 11:43.180 Here we go, check this out. 11:44.280 --> 11:45.840 Drivers, this is in the UK, 11:46.060 --> 11:49.340 have been told to stop non-essential journeys 11:49.940 --> 11:53.600 as the strikes send fuel costs soaring. 11:54.180 --> 11:56.740 So Stammer had a lot to say on this. 11:57.020 --> 11:59.160 But let's have a look at a little bit of this here then. 11:59.700 --> 12:02.660 Drivers have been urged to stop non-essential journeys 12:02.660 --> 12:06.320 as fuel prices are set to soar with the cost of oil. 12:06.960 --> 12:09.260 The price of oil is over $100 a barrel. 12:09.960 --> 12:12.120 And by the way, we still got so much to talk about 12:12.120 --> 12:14.880 with the Navy and a huge embarrassment 12:14.880 --> 12:16.540 for the Royal Navy in a moment. 12:17.000 --> 12:18.580 But the AA's president, 12:19.080 --> 12:20.860 and no, that's not Alcoholics Anonymous 12:20.860 --> 12:22.320 for my American viewers. 12:22.820 --> 12:24.400 It's a motor company in the UK, 12:25.340 --> 12:27.420 said he's encouraged motorists 12:27.420 --> 12:28.860 to drive more fuel efficiently. 12:29.580 --> 12:33.100 He said anytime Brent Crude passes $100 per barrel 12:33.100 --> 12:35.360 raises concern across the markets 12:35.360 --> 12:38.280 and for the haulage industry and drivers. 12:38.980 --> 12:41.500 There will be gradual increases in pump prices, 12:41.620 --> 12:42.900 but this shouldn't happen overnight 12:43.260 --> 12:45.540 as fuel has been purchased at previous prices. 12:45.740 --> 12:46.840 Let's talk about that in a second. 12:47.600 --> 12:49.000 Our suggestion is that drivers 12:49.000 --> 12:51.140 should not change their refuelling habits, 12:51.480 --> 12:54.500 but can consider cutting out some non-essential journeys 12:54.500 --> 12:57.540 and changing their driving style to conserve fuel. 12:58.220 --> 13:00.640 Okay, we've got two points to talk about that. 13:01.500 --> 13:02.600 So number one, 13:02.880 --> 13:06.100 why is the head of the biggest motoring company saying, 13:06.660 --> 13:08.200 don't change your driving habits. 13:08.300 --> 13:11.420 He's basically saying, don't go to the fuel stations 13:11.420 --> 13:12.380 and stock up. 13:12.760 --> 13:14.480 Don't panic buying things like that. 13:14.480 --> 13:16.000 Because that's what we're seeing now. 13:16.320 --> 13:17.740 It started out with about a dozen. 13:17.920 --> 13:20.880 I think it's about 30 to 40 gas stations now. 13:20.880 --> 13:24.460 Petrol fuel stations that are seeing this panic. 13:25.000 --> 13:28.060 And of course, when other humans see other humans 13:28.060 --> 13:29.840 panicking and queuing up, they go, 13:30.620 --> 13:32.860 oh my gosh, I must need to do this as well. 13:33.000 --> 13:33.720 What is happening? 13:34.020 --> 13:37.160 I have to do this as well since everyone else is doing. 13:37.580 --> 13:39.380 There must be something going on. 13:39.760 --> 13:44.000 There was an experiment recently where there was a, 13:45.100 --> 13:47.380 I think it was like a conference 13:47.760 --> 13:50.020 and someone shouted, there was a social experiment. 13:50.500 --> 13:51.360 Oh my gosh. 13:51.760 --> 13:53.340 And they ran out the conference. 13:53.620 --> 13:55.160 And what happened was other people looked 13:55.160 --> 13:56.120 and they ran out the car. 13:56.200 --> 13:57.980 And before you knew it, there was a massive, 13:58.200 --> 14:01.680 it was the worst thought out social experiment ever, I think. 14:02.020 --> 14:03.420 But before you knew it, 14:03.620 --> 14:06.440 there was people getting crushed or people running. 14:06.780 --> 14:08.380 They couldn't get out the doors quick enough. 14:08.640 --> 14:12.560 One of the fire exits, emergency exit wasn't open. 14:12.680 --> 14:13.940 It was like chaos. 14:14.380 --> 14:18.540 And this is what you see in breakdown situations. 14:18.540 --> 14:20.220 But even before a breakdown, 14:20.480 --> 14:22.380 this is what you see at the fuel station. 14:22.560 --> 14:25.000 That's why people are starting to do this. 14:25.180 --> 14:27.040 So that's the first point from what he said. 14:27.100 --> 14:29.220 He wants to try and stop people doing that. 14:29.540 --> 14:31.640 But the next one is, he said there'll be 14:31.640 --> 14:34.160 gradual increases in pump prices. 14:34.680 --> 14:36.100 But it shouldn't happen overnight 14:36.100 --> 14:38.060 because it's been purchased at previous prices. 14:38.740 --> 14:41.140 Yes, but what has happened, 14:41.280 --> 14:43.400 the prices have already gone up. 14:44.100 --> 14:45.420 And you think about that 14:46.110 --> 14:48.060 and you listen to them on the TV 14:48.060 --> 14:50.080 and them giving their interviews and stuff. 14:50.420 --> 14:51.980 It's all got absolute nonsense. 14:54.400 --> 14:56.680 There's no way, the fuel in that pump, 14:56.760 --> 14:58.360 there's already in that pump, 14:58.860 --> 15:02.520 can have gone up by 6P, 8P, 10P, 15:02.720 --> 15:05.460 whatever it is per station in the space 15:05.460 --> 15:07.980 since that it doesn't make any sense. 15:08.140 --> 15:10.580 It makes absolutely no sense at all. 15:10.660 --> 15:12.740 And I'm sure you know this as well. 15:14.080 --> 15:16.440 So next story then, 15:16.880 --> 15:19.420 here's what the Prime Minister had to say. 15:19.960 --> 15:22.760 He's warned of an impact of Iran conflict 15:22.760 --> 15:24.270 on the UK economy. 15:25.860 --> 15:27.980 The longer the conflict lasts, 15:28.100 --> 15:30.000 the more likely it is that there will be an effect 15:30.000 --> 15:31.340 on the economy. 15:31.880 --> 15:33.900 He was speaking at a center in London 15:33.900 --> 15:36.180 and he said he understood people's anxiety 15:36.180 --> 15:38.760 and that the government was assessing the risks. 15:39.040 --> 15:41.140 Oh gosh, help us. 15:41.140 --> 15:44.980 He's assessing, assess the risks on the day it happens. 15:45.400 --> 15:47.260 You know the other thing I found outrageous 15:47.260 --> 15:49.520 about not just the UK but Europe. 15:49.880 --> 15:51.020 And this is when you know 15:51.020 --> 15:52.960 that you have got the wrong leaders. 15:53.340 --> 15:53.600 Okay. 15:54.160 --> 15:55.040 So let me tell you, 15:55.660 --> 15:57.400 even if it was a Sunday morning, 15:58.480 --> 16:00.280 4 a.m. and I'm fast asleep, 16:00.860 --> 16:04.620 I would have a line for emergencies first and foremost. 16:04.720 --> 16:05.440 And I'm sure they do. 16:06.300 --> 16:07.780 And as soon as that happened, 16:07.780 --> 16:10.080 I would say call in everyone, 16:10.660 --> 16:11.780 emergency meeting right now. 16:12.120 --> 16:12.700 We get in there. 16:13.300 --> 16:14.740 And anyone who wasn't there, 16:14.960 --> 16:16.380 they're fired, get rid of them, 16:16.460 --> 16:17.440 bring in the next guy. 16:17.760 --> 16:18.860 That's what I do straight away. 16:19.260 --> 16:20.520 Emergency meeting, okay, 16:20.620 --> 16:21.380 let's figure this out. 16:21.420 --> 16:22.540 We need to resolve this problem. 16:22.920 --> 16:24.940 Okay, who are the best forecasters? 16:25.440 --> 16:25.960 Where's Neil? 16:26.180 --> 16:27.040 No, Neil's not here. 16:27.160 --> 16:28.600 Okay, where are the best forecasters? 16:29.020 --> 16:30.540 Get them in here, right? 16:31.120 --> 16:32.660 And then let's look at what could happen. 16:33.040 --> 16:33.880 Let's model it. 16:34.240 --> 16:35.180 No, do you know what they did? 16:35.840 --> 16:39.580 They waited until Monday morning, okay? 16:39.740 --> 16:41.760 So a lot of this was happening on Saturday, Sunday. 16:42.360 --> 16:43.260 This was last, 16:43.480 --> 16:44.760 and this was even last week 16:44.760 --> 16:45.800 when all this started happening. 16:46.320 --> 16:47.380 And then even this weekend, 16:47.640 --> 16:49.240 they still didn't come in 16:49.240 --> 16:50.440 and do these emergency meetings. 16:50.980 --> 16:53.240 They waited until Monday. 16:53.400 --> 16:55.140 The Europeans were the worst for it actually, 16:55.620 --> 16:56.180 the EU. 16:56.640 --> 17:00.280 They waited until Monday to have their crisis meeting. 17:00.560 --> 17:02.340 Even though it was beginning on Saturday night, 17:02.360 --> 17:03.420 they waited until Monday. 17:04.120 --> 17:08.080 These people are the worst of the worst leaders. 17:08.660 --> 17:11.400 They just do not care at all. 17:12.380 --> 17:14.420 So let's see what else he said here. 17:14.700 --> 17:15.760 Oh, we're all in it together. 17:16.140 --> 17:17.880 Yeah, we know that, don't we? 17:17.960 --> 17:18.740 We're all in it together. 17:18.880 --> 17:19.460 We know that line. 17:19.980 --> 17:22.800 He's argued that the economy is in a great place 17:22.800 --> 17:25.920 to withstand this energy shock. 17:27.080 --> 17:28.920 Not exactly sure why he says that. 17:29.020 --> 17:29.520 It's not true. 17:29.660 --> 17:30.820 It's a complete lie. 17:31.420 --> 17:34.100 Global oil prices have surged in recent days. 17:34.220 --> 17:36.020 Yeah, we know this. 17:36.960 --> 17:39.300 The G7 meeting, emergency meeting. 17:39.860 --> 17:43.400 Yes, they've now had their emergency meeting on Monday. 17:43.820 --> 17:45.020 Yeah, they didn't have it on Saturday. 17:45.580 --> 17:46.480 They didn't have it on Sunday. 17:46.560 --> 17:47.980 They waited until Monday 17:47.980 --> 17:50.260 for this emergency meeting as well. 17:50.660 --> 17:51.800 But let me tell you some of the things. 17:52.020 --> 17:53.040 Okay, let's get into the next one. 17:53.740 --> 17:54.160 Here we go. 17:55.140 --> 17:58.200 Allies are preparing a defensive mission 17:58.600 --> 18:00.600 to reopen the Strait of Homoose. 18:00.600 --> 18:01.200 It says Macron. 18:02.000 --> 18:05.700 So this is warships and a lot of attack vessels and things. 18:06.080 --> 18:08.340 But they're saying this is a defensive mission. 18:08.660 --> 18:10.040 I love it when they say that. 18:10.180 --> 18:13.240 I think it's brilliant when they tell the public 18:13.240 --> 18:14.720 they're going to do a defensive mission. 18:14.960 --> 18:16.320 Just be honest, Macron. 18:16.860 --> 18:18.840 Just, no, actually, we know he isn't honest 18:18.840 --> 18:19.560 about most things. 18:20.360 --> 18:21.360 This is embarrassing. 18:21.600 --> 18:21.840 You ready? 18:22.580 --> 18:26.880 Britain's aircraft carrier may need a French escort 18:26.880 --> 18:29.320 to get anywhere pretty much. 18:29.740 --> 18:32.040 It's going to need a French escort. 18:32.760 --> 18:34.720 You can't make this stuff up, ladies and gents. 18:34.820 --> 18:35.440 You really can't. 18:35.740 --> 18:41.260 1.7 million UK homes facing soaring bills 18:41.260 --> 18:43.480 as heating oil costs double in a week. 18:43.940 --> 18:45.000 Again, they're too late. 18:45.140 --> 18:46.340 Look when this came out today. 18:46.740 --> 18:49.000 They're now telling everyone about the heating oil. 18:49.860 --> 18:52.780 I told everyone on Friday about this. 18:52.880 --> 18:54.620 And I know a lot of people messaged and said, 18:54.920 --> 18:57.840 thanks, they got in just before the cost went up. 18:58.600 --> 19:01.520 Almost 2 million homes and businesses across the UK 19:01.880 --> 19:03.300 are facing a major increase. 19:03.380 --> 19:05.620 It could go up as much as double, by the way. 19:06.420 --> 19:07.700 This is really serious. 19:08.520 --> 19:12.160 Look, prices having more than doubled in only a week. 19:12.660 --> 19:13.900 So that is going to hit. 19:14.260 --> 19:18.360 I would fill up now if you're in a more rural area. 19:18.520 --> 19:19.460 I wouldn't be waiting. 19:19.960 --> 19:22.280 The government here and the articles say, 19:22.420 --> 19:24.320 just wait, see how this plays out. 19:24.660 --> 19:25.880 No, don't wait. 19:26.080 --> 19:27.040 They are tricking you. 19:27.500 --> 19:28.560 This is what they do. 19:28.780 --> 19:31.240 They trick you and tell you to wait. 19:31.460 --> 19:31.980 Do not wait. 19:32.880 --> 19:34.860 Okay, a couple of other things then. 19:35.180 --> 19:36.920 Three of the big Gulf countries, 19:37.100 --> 19:39.520 this is Saudi, UAE, Kuwait, Qatar, 19:40.180 --> 19:43.020 are actually discussing as discussions now 19:43.020 --> 19:47.200 to withdraw their investments that they pledged to the US. 19:47.200 --> 19:49.660 This is due to Iranian pressure. 19:50.380 --> 19:53.560 They're also saying it's due to budget constraints 19:53.560 --> 19:57.400 as a result of losing the energy income. 19:58.100 --> 19:59.780 And tourism is a big one. 20:00.260 --> 20:03.220 Countries could reassess the investment commitments 20:03.220 --> 20:03.900 to the US. 20:04.620 --> 20:07.420 They're looking at this as a precautionary measure. 20:09.540 --> 20:11.120 And they, okay. 20:11.840 --> 20:13.540 And also Iran's looking at this 20:13.540 --> 20:15.320 because it could pressure President Trump. 20:15.660 --> 20:16.620 I don't think it will. 20:16.800 --> 20:17.320 I really don't. 20:17.540 --> 20:18.660 But you think about all of those. 20:18.860 --> 20:19.360 What's that about? 20:19.600 --> 20:22.260 Two trillion dollars that those countries had pledged. 20:22.260 --> 20:25.280 That's a lot of money that would be pulled out the US. 20:25.840 --> 20:28.880 Two trillion dollars, that's huge. 20:31.040 --> 20:33.240 Another, okay, this was very interesting. 20:33.960 --> 20:37.000 So there's now sort of rumors or reports 20:37.000 --> 20:39.060 that I don't even think they're rumors now. 20:39.140 --> 20:39.840 I think it's a fact. 20:40.600 --> 20:43.800 The China's actually sent one of their intel ships 20:43.800 --> 20:46.720 and it's providing intelligence to Iran. 20:47.160 --> 20:48.500 So these again are the rumors. 20:48.500 --> 20:51.560 I can't actually tell you that that's 100% true. 20:51.840 --> 20:54.660 But there's been a lot of sites that have been hit now. 20:55.400 --> 20:57.980 And the British and the Americans think 20:57.980 --> 21:01.360 that how Iran, how did Iran do this? 21:01.400 --> 21:04.560 They think it was Russia or China that's providing intel. 21:04.820 --> 21:06.040 And that would kind of make sense 21:06.040 --> 21:08.160 when we look at an article in the moment 21:08.160 --> 21:09.880 what Russia has said. 21:10.420 --> 21:12.540 So this is the Liao Wang one. 21:12.840 --> 21:16.140 It's a Chinese intelligence gathering vessel. 21:16.560 --> 21:19.940 And it's actually in international waters and it's Chinese. 21:20.220 --> 21:23.320 So they've made some, it says they made some warnings. 21:23.480 --> 21:26.300 But again, this is still all unconfirmed 21:26.300 --> 21:27.900 because it isn't in the mainstream media. 21:27.900 --> 21:29.740 So it's hard to confirm some of this 21:30.320 --> 21:32.740 that they can't be attacked or whatever 21:32.740 --> 21:35.940 and that they are on a peacekeeping mission, 21:36.100 --> 21:38.320 whatever that means. 21:39.140 --> 21:42.260 The Washington Post, take that with a grain of salt, 21:42.260 --> 21:45.020 said Russia is giving Iran intelligence 21:45.020 --> 21:47.900 on U.S. warship and aircraft locations, 21:48.380 --> 21:50.280 Chinese and Russian satellite feeds 21:50.280 --> 21:53.280 actively aiding the Iranian war effort. 21:53.800 --> 21:56.140 They've also reported, again, grain of salt, 21:56.840 --> 21:58.520 that Iran has destroyed a number 21:58.520 --> 22:02.860 of these $500 million radar systems belonging to the U.S. 22:03.120 --> 22:07.000 and a huge amount of U.S. hardware and equipment. 22:07.920 --> 22:10.520 And so again, I'm gonna take a little bit of this 22:10.520 --> 22:12.080 with a pinch of salt until it's confirmed. 22:14.300 --> 22:17.460 This was the next one I wanted to show you. 22:17.760 --> 22:20.580 Okay, this is this is this next story. 22:21.860 --> 22:25.160 So Putin has now offered unwavering support 22:25.160 --> 22:27.940 to the new Supreme Leader. 22:28.580 --> 22:32.800 He's congratulated him on Monday morning. 22:32.800 --> 22:35.100 So today, following his appointment 22:35.100 --> 22:38.560 by the regime's assembly of, that's a weird name, 22:38.560 --> 22:40.560 assembly of experts, interesting. 22:41.280 --> 22:43.420 Putin said he was confident he would continue 22:43.420 --> 22:45.420 his father's work with honor 22:45.420 --> 22:47.060 and unite the Iranian people 22:47.060 --> 22:49.500 in the face of severe trials. 22:51.120 --> 22:53.080 He added that Russia would continue 22:53.080 --> 22:55.740 to stand by the Islamic Republic, 22:56.160 --> 22:59.440 saying he wished to confirm unwavering support 22:59.440 --> 23:03.460 for Tehran and solidarity with our Iranian friends. 23:04.200 --> 23:07.380 The Chinese government also warned against any targeting 23:07.380 --> 23:12.660 of the new leader by the U.S.-Israeli military campaign. 23:13.360 --> 23:15.880 Stama said on Monday, he's working to de-escalate. 23:15.900 --> 23:17.800 This one made me laugh, that's why I highlighted it. 23:18.180 --> 23:19.660 De-escalate the situation. 23:20.880 --> 23:22.480 Although, Hekseth, what he said, 23:22.720 --> 23:24.640 this is only just the beginning. 23:25.360 --> 23:28.220 I mean, there's so much going on. 23:28.720 --> 23:32.860 Macron, he's met with the president of Cyprus. 23:33.380 --> 23:36.020 They've sent a battleship positioned off the island 23:36.020 --> 23:39.400 saying that they're gonna defend it because Britain can't. 23:39.780 --> 23:40.940 I mean, ladies and gents, 23:41.600 --> 23:45.360 this is absolutely crazy what's going on. 23:46.180 --> 23:48.440 I mean, I'll be reading your comments as usual 23:48.440 --> 23:51.000 because I wanna know what you think about all of this. 23:51.100 --> 23:54.380 But I just think this is absolutely nuts. 23:55.240 --> 23:56.400 Really, nuts. 23:57.840 --> 23:59.360 And yeah, it is worrying. 23:59.720 --> 24:03.280 But just coming back to that last, the other point I said, 24:03.520 --> 24:05.660 if you haven't checked out the program, 24:05.660 --> 24:09.960 the new program, it's called Digital Income Mastery. 24:10.000 --> 24:12.280 And I really think this will help a lot of you out 24:12.820 --> 24:14.600 because a lot of the emails that we get often 24:15.080 --> 24:19.460 are all about, I talked about this in the video there, 24:19.580 --> 24:22.560 but it was like, well, how do I actually bridge that gap 24:22.560 --> 24:26.820 between investing and not having enough income to invest? 24:27.180 --> 24:29.200 And that's what I've spent all this time building. 24:29.660 --> 24:32.620 So it's basically three courses within a program, 24:33.020 --> 24:36.820 a blueprint for how to create digital products and services 24:36.820 --> 24:38.240 because these are just unlimited 24:38.680 --> 24:40.960 and the demand for them isn't being fulfilled. 24:41.440 --> 24:43.420 The people are searching for stuff all the time 24:43.420 --> 24:44.200 that doesn't exist. 24:44.560 --> 24:45.980 So we can do that now with AI 24:45.980 --> 24:47.640 and soon there'll be AI agents. 24:48.080 --> 24:50.500 The second part is all about marketing 24:50.500 --> 24:51.660 because it's where people get stuck. 24:51.780 --> 24:53.700 They don't know how to market and sell the stuff. 24:54.060 --> 24:55.320 So I'm gonna teach you all of that 24:55.320 --> 24:56.960 without spending money on advertising. 24:57.160 --> 24:59.160 Then the third part is the sales aspect. 24:59.280 --> 25:00.500 So it'll be a sales program 25:00.980 --> 25:03.200 teaches you specifically how to sell these products. 25:03.480 --> 25:06.160 So it is an absolute bargain for what you're getting. 25:06.340 --> 25:07.960 90% off pre-release 25:08.460 --> 25:12.580 because a pre-release means that you don't get 25:12.580 --> 25:13.200 the whole course. 25:13.260 --> 25:16.020 You'll get two chapters or two modules a week. 25:16.280 --> 25:17.880 So definitely check that out. 25:17.980 --> 25:19.220 I'll leave the link below. 25:20.120 --> 25:22.540 Yeah, pre-release, we're live now. 25:22.980 --> 25:25.620 So apart from that, I think we'll end there today. 25:25.980 --> 25:28.180 I'll see you on the next live stream. 25:28.180 --> 25:31.020 Got lots of good content for you coming shortly. 25:31.300 --> 25:32.540 Take care, God bless you. 25:32.660 --> 25:33.360 God bless your families. 25:33.580 --> 25:34.700 I'll see you on the next one.