Find us at www.crisisinvesting.com

Matt and Doug discuss a reported US–Iran peace deal whose MOU hasn't been released, doubting it will last due to Israel–Iran hostility and Israeli opposition, while arguing the US bombing of Iran was unnecessary and that the deal looks like a US surrender with potential reparations (estimated $300B) and possible UAE/private funding plus future service fees after 60 days. They then focus on provisions in the NDAA (Section 219) and an Intelligence Authorization Act measure (Sen. Tom Cotton) that would fuse US–Israel military and intelligence programs, outlining six harms: inability to stop unwanted wars, technology leakage (AI/quantum) possibly to China, US contractors losing business, Gaza-tested AI targeting tools entering US systems, Israeli espionage risks, and irreversible entanglement by FY2027. The conversation also covers Trump's credibility, government involvement in AI companies and energy-hungry data centers, China's open-source AI stance, IMF conditional lending in Papua New Guinea, rising authoritarian security policies in Peru, and broader fears of global conflict.

00:00 Iran US Peace Deal

01:08 Why Bomb Iran

02:31 Israel Leverage Theories

04:21 China Oil Shock Absorber

06:58 Trump Character Spin

10:02 Reparations And Tolls

11:18 Israel Lebanon Sticking Point

12:21 Israel As 51st State

14:59 Six Ways It Hurts

21:36 USS Liberty And AIPAC

24:32 AI Data Centers Bubble

28:24 AI As Strategic Weapon

33:42 World War Three Thesis

36:31 IMF In Papua New Guinea

39:48 Peru Fujimori Crackdown

43:47 Authoritarian Trend Fears

45:44 Hopeful Wrap And Outlook

Matt and Doug discuss SpaceX's IPO jumping from 135 to about 171 a share and compare the frenzy to the dotcom era, noting its importance for broader market sentiment and Elon Musk's reported trillionaire status. They mention reading Peter Thiel's Zero to One, then pivot to extreme bearish sentiment in gold miners (a bullish index falling from 100 in January to 0 on June 10) and argue this may be a buying opportunity, alongside unloved oil despite ongoing Strait of Hormuz disruptions and prices around $80 WTI/$84 Brent. They cover rising inflation (CPI 4.2%), skepticism about official numbers, and expectations for new Fed chair Kevin Warsh. Subscriber questions include Costa Rica as a destination, tokenized gold's practicality and redeemability, whether to short markets, Ebola risk to Ivanhoe Mines, China's reduced oil imports, distrust of Howard Lutnick/Trump-linked trading dynamics, and whether humanoid robotics could extend the AI bull run.

00:00 SpaceX IPO Buzz

01:46 Thiel Book Talk

04:29 Trillion Dollar Math

06:24 Gold Miners Capitulation

09:26 Inflation Fed Outlook

12:47 Paper Fantasy Economy

16:07 Costa Rica Expat Reality

18:38 Central America Picks

20:17 Tokenized Gold Idea

21:07 Tokenized Gold Doubts

21:39 Swiss Gold Token Update

23:43 Shorting Market Timing

25:33 Ivanhoe Ebola Risk

28:36 Oil Prices and China

34:56 Stablecoins and Power Players

37:51 Epstein Files Speculation

39:04 Robots and AI Bubble

41:18 Trump Tweets and Markets

44:13 Weekend Sign Off

Find us at www.crisisinvesting.com

Find Tom at www.tomwoods.com

In a wide-ranging discussion, Tom Woods joins Doug Casey and the host to assess current U.S. politics, culture, and economics. Woods reflects on Trump's 2024 win, the apparent retreat and performative nature of "wokery," and a broader sense that public life is "oddly fake," arguing that Trump squandered political capital and abandoned promising ideas like DOGE while ballooning spending, pursuing misguided trade and housing approaches, and attacking right-wing dissenters. They discuss generational divides in information and voting behavior, pessimism about fixing deficits and entitlements, and the likelihood that "reality" will force a fiscal reckoning through unmanageable interest costs or money printing. The conversation also touches on U.S.-Israel influence politics, concerns about deeper military integration, social media's role in mass conformity, the possibility of U.S. fragmentation, and Woods's commitment to keep speaking out and promoting his newsletter and history courses.

00:00 Welcome Tom Woods

00:33 Old Friends on PBS

01:10 Culture Wokery and Faith

04:15 Trump Momentum and Plan B

05:42 Economic Agenda Letdown

06:53 Housing Prices and Mortgages

09:48 Loyalty Tests and Vance

13:47 Israel NDAA and Intelligence

18:19 Censorship and Empire Decline

19:30 Pride Ads and Mass Psychosis

23:01 Social Media Amplifier

25:13 Will America Break Up

30:01 Keep Fighting Anyway

31:43 No Matter Who You Vote

33:03 Owning the McCain Line

34:04 Twitter Algorithms and Links

34:35 Debt Nobody Wants to Fix

39:49 Progress and Modern Comforts

43:00 Phones Amplify Human Nature

44:43 Boomers vs Gen Z Divide

48:19 Self Reliance for Young Men

51:23 Doug Casey Boomer Memories

55:54 Risks Hope and Do What You Can

58:28 Tom Woods Courses and Farewell