John Case

Huge announcement today over in Europe.

I think it's Viktor Orban.

The great Viktor Orban says the EU has crossed the Rubicon.

What does he mean by that?

Today, I think they formally commenced the process for the freezing of the assets.

I think $300 billion or around that, $300 billion of the Russian people's assets.

They began the process to basically freeze those.

And that is going to start.

a process for them to seize them and to use that either for the reconstruction of Ukraine or continue the war.

Now, why is this important?

Number one, we've talked about this for years.

It's one of the reasons other central banks are purchasing gold.

I think you might put it in your back pocket on that as you go to Birch Gold and talk to Philip Patrick and the team and get the end of the dollar empire.

What David was talking about right there, the de-dollarization effort,

Part of this is going to be just people afraid of you're going to keep your money in dollars or in euros while they're doing this.

Also, the Russians, I think Medvedev and Putin, have been pretty clear.

You take that money and you use that money against us to get arms and weapons on the battlefield and or to do a reconstruction with the Russian people's money.

They've said, I think, pretty clearly that's an act of war.

President Trump's moved heaven and earth to try the story out today.

Erdogan's met with Putin.