Chapter 1: What is the main topic discussed in this episode?
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Donald Trump's disastrous and unlawful war in Iran continues to spiral out of control. In terms of the conditions taking place on the ground, on the battlefield, essentially nothing has changed. And if anything has changed, things have escalated and only devolved into more utter chaos.
Yet earlier in the morning, Donald Trump released a message lying, manipulating the markets and saying that in essence, a deal in principle was reached with Iran in order to create peace in the region. Donald Trump's post was made right before the markets were set to open. What we saw with the markets were that the markets were about to crash. The stock market's about to crash.
The oil market's about to surge to levels that had never been seen before. The bond market, 10, 20-year treasury yields started surging. So Donald Trump, in typical Trumpian fashion,
lies makes up that a deal has essentially been entered with key decision makers in iran and our markets get manipulated and react to that and all of a sudden you see right before the markets are about to open all of the futures turn in positive directions now about 20 or 30 minutes later iranian officials respond
at various levels within the iranian islamic republic and they say we've had no such communications at all there hasn't been direct nor indirect communications we're not talking to whitcoff we're not talking to kushner we're not talking to anybody
Then Donald Trump said, well, I guess they don't have good public relations people, or I actually think the deal we're working out is that Trump, he goes, that me and the Ayatollah will control the Strait of Hormuz together. That makes zero sense. Donald Trump also said that he believes the discussions are going very powerfully in the right direction.
But if they don't, we'll see what happens in five days.
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Chapter 2: What does Trump's fake deal with Iran entail?
Maybe then there'll be annihilation of Iran. not the Islamic Republic, but of Iran. So what happens in five days? That's when the markets close again. So Donald Trump comes up with this five-day, obvious in my opinion, market manipulation scheme. The leader of the Iranian parliament coming out and saying, no such discussions have taken place at all.
You have other leaders within the Iranian government saying, we're not having any communications at all. And while all of this is taking place, Sources familiar with details have been telling the Jerusalem Post and others that US force deployments are starting to arrive.
As Amiki Stein explains, currently planned 2,500 Marines, approximately 2,000 sailors, three amphibious ships, 3,000 paratroopers from the 86th Airborne Division. The staging is taking place right now for a full-fledged ground invasion, paratrooper invasion, to basically take over Karg Island.
Now, the top generals, admirals, and others familiar with the region have all predicted that if the United States does that, it will be a total and utter death trap. But that actually seems to be where things are moving towards. Then, before we went live, what we heard is that through Turkish intermediaries or perhaps Pakistani intermediaries, the Trump regime has tried to reach out to have J.D.
Vance speak with either Pazeshkian, the president of Iran, or the head of Iran's parliament, G.B. Goluboff, or potentially others, since Iran refuses to talk to Witkoff and Kushner So after Donald Trump manipulates the market, claims there's discussions, then afterwards, Donald Trump then tries to say, OK, well, why don't we do conversations between J.D. Vance and Iran?
But at least based on the most recent reporting before this recording took place, Iran hasn't even responded to this request instead. Iranian embassies across the world are posting memes mocking Donald Trump and the United States. In one such meme, it features a baby steering wheel next to the main steering wheel of a car.
And the Iranian embassy of South Africa writes, the Strait of Hormuz will be controlled by me and the Ayatollah. with an emoji with sunglasses and an emoji with a smiley face, again, mocking Donald Trump. We're gonna cover all of that, of course, on this episode. And from the outset, we should talk about big news for the Midas Touch Network.
As many of you may know by now, the Midas Touch Network was proud to welcome today Scott McFarlane, who has joined the Midas Touch Network as our chief Washington DC correspondent. In addition, the Midas Touch Network will be working with Scott McFarlane on his own media company, Scott McFarlane Reports, which will feature his YouTube, in his substack.
And so part of the Midas Touch Network growth strategy and the way we intend to work with lots of the top reporters who, as you know, are leaving corporate news by the droves, is to say, on the one hand, let's work with the Midas Touch Network. We have such an incredible community here of the Midas Mighty.
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Chapter 3: How did the Iranian regime respond to Trump's claims?
You know, we woke up today on the West Coast quite early to the news of Donald Trump's taco, as it's come to be known. Trump always chickens out. And Trump was reversing his threat against the Iranian regime. He had given them 48 hours to basically open the Strait of Hormuz for us and stop the fighting, stop everything. And or, you know, Iran will face annihilation.
You know, that was his big threat. And then today, as Ben said, right before the markets opened, he tackled on that. And it's just the lying, though, makes the United States of America look so weak. And what I cannot understand, brothers and Midas mighty, is how people keep falling for this BS every single time.
But at this point, Donald Trump knows if he says, I had a conversation with the Iranian regime and we got a deal and this deal's about to happen.
By now, after Donald Trump has made up all of these fake trade deals over and over again, only to be refuted either minutes later or hours later or whatever it is by the very countries that he claims to have a deal with, why are we still giving this guy the headlines that he wants? Why are markets listening to this BS? Nothing has changed. Things have only gotten worse.
And Donald Trump is making the United States look deranged because he's the representative of the country and he is deranged. And he is being mocked ruthlessly by Iran and by countries all over the world. It's just absolutely insane. We're going to dive into all of it. But first, you know, I got to toss it over to Jordi. Got to check in, make sure all is well. Jordi, what's the latest?
what's up brothers what's up might as mighty scott mcfarland let's go let's go man i i thought that fox news headline was particularly funny you know just the idea of framing us might as touch this far left media company far left man because we believe in like human decency yeah because we believe people should have uh health care
Yeah, that's what makes you super far left, because we think that everyone should have equal rights, that such a far lefty principle, people should be able to afford homes. It's just so funny to me, the Murdoch framing and the right wing framing of the Midas Touch Network.
But hey, Jordy, read the lower third or the subheader from the Fox News article to the folks, because I think it's funny.
scott mcfarland joins media group midas touch that is openly hostile to trump that's the fox news lower third there their little subtitle to uh went on for our audio listeners brett pull that up one more time really quickly the fox news headline was veteran cbs reporter joins far left media company midas touch as anchor says they share same north star again that's just such funny framing from murdoch and and fox and right-wing entities but hey look i'm stoked what we're building here at the midas touch network have never been prouder of what we're building here at the midas touch network
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Chapter 4: What military actions are being taken by the U.S. in the region?
Because Friday is the day where Donald Trump said that this offer expires and that's when the markets close. And so all of our troops are getting to the Middle East on Friday when Donald Trump says, you know, this deal is up.
And so to me, if I'm the Iranians looking at this or anybody who's studying geopolitics on a basic level, I'm like, you're trying to delay time because you're getting your troops here so that you can invade my country. It seems kind of pretty obvious what's happening.
And then Donald Trump, of course, also gets the benefit of these massive market swings where people in the know are always either shorting the market or betting on the market. before Donald Trump makes the announcement because people and insiders know what's coming. And it just, there's so many schemes going on right now by Trump, but he's like the least trustworthy person on the planet.
And with an issue this serious, it just leads to such danger.
That's why it's just so pathetic when you have all these institutions that are literally carrying water for the regime, for the Trump regime, just regurgitating the points. That's why it's so frustrating. That's why I harp on it. Again, I don't attack media just for the sake of attacking media. I always say this. We need a strong fourth estate in this country. We need it.
It is vital for the survival of this country. But we need people that are going to roll up their sleeves and actually ask the questions and really report on what's going on and not just hide behind a statement that Donald Trump makes on True Social and then air it on the evening coverage, Ben.
Right. Being a true patriot, in my opinion, means wanting to ensure that our troops are safe and are protected and that there are clearly defined objectives and missions and that when our troops are being put in harm's way, they and we understand what the hell is going on.
I'll show you these clips in a moment, but just think about if the outcome of all of this is what Donald Trump lied about and said the outcome would be that Donald Trump and the Ayatollah
form a joint venture agreement trump and the ayatollah shoulder to shoulder just like an llc and escorp they form a joint venture and they control the straight of hormuz together so we're sending our troops to die for a trump ayatollah entity And what about all of the pro-democracy protesters in Iran back in January who Donald Trump said, we're coming to save you, we're coming to protect you?
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Chapter 5: What is the significance of Scott McFarlane joining the MeidasTouch Network?
Remember, link is in the description of this podcast. Be sure to go and subscribe. And I also want to shout out Katie Fang. As I said, tomorrow night, Katie Fang is going to be going live on her YouTube channel for the first time, Katie Fang News. And she's doing her show, which we call Sidebar with Katie Fang.
and i'm so excited to have katie fang back doing a live show she is also the best of the best sidebar with katie fang you could check it out anywhere podcasts are available it's up right now if you search apple podcast for sidebar with katie fang um apple podcast spotify all those various apps and the first official episode is going to be tomorrow night on the on the katie fang news youtube channel at 5 30 eastern
2 30 p.m pacific time be sure make sure you're subscribed to her channel as well make sure that you're you're subscribed to her podcast anywhere podcasts are found and let's make it a huge first live show for her ben before the break
we painted a picture for you to try to build a framework of assessing credibility. So I said, let's situate ourself in a courtroom with representations that are being made by the Trump regime about negotiations with Iran that Iran is denying strongly and mocking the Trump regime and saying none of this is taking place. And I said, imagine that you're on the jury and that Trump is a witness.
And we know that Trump likes to invoke the Fifth Amendment a lot when he's a witness. But assume for the sake of argument, assume our guendo here that Donald Trump actually is testifying. A question that then gets asked to him is, so if you claim that Steve Witkoff and Jared Kushner are speaking with people in Iran, who are they speaking with? Let's see what Donald Trump says.
Let's play it.
A top a top person. Don't forget, we've wiped out the leadership phase one, phase two and largely phase three. But we're dealing with the man who I believe is the most respected and the leader. You know, it's a little tough. They've wiped out.
We've wiped out everybody.
No, not the Supreme Leader. Well, nobody's ever, nobody heard of the second Supreme Leader, the son. Nobody, we have not heard from the son. Every once in a while you'll see a statement made, but we haven't, we don't know if he's living.
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Chapter 6: How is Trump's rhetoric affecting U.S. relations with Iran?
Also, focus our attention on not just the Persian Gulf, but focus on what's happening in the Red Sea. focus on the strait there, because that is the other way that oil is being diverted from the Persian Gulf to the Red Sea, which we know the Houthis have demonstrated from Yemen, an ability to shut down the strait there
at command and they've just been waiting on the orders from iran in order to be able to do that final point i'll make before throwing it back to brett and jordy because i i really think it's important that we understand internationally all these puzzle pieces that are coming together so we understand the world dynamic of this war of this conflagration i'll mention this as well before showing his other clip we're about 10 days
I think nine days from liquefied natural gas running out in the Persian Gulf Middle East region. And they're one of the biggest suppliers of liquefied natural gas. So when that runs out for export, The only really other place where you have LNG is the United States. So what is the US doing? They're holding it over the head of Europe right now. And what we're learning right now is the following.
Trump is threatening to revoke EU's favorable access to US LNG shipments if they do not implement their trade deal with the US. The US-EU trade deal reached in 2025 had these 15% tariffs on most EU exports. And the EU is set to vote on that pact on Thursday, which includes an agreement for the EU to buy $750 billion worth of US energy by 2028.
Energy purchases include LNG, oil, and civil nuclear technologies. The threat comes at a time when EU LNG prices have surged amid the Strait of Hormuz's closure. So going back to these mafia tactics, right here as well. Brett and Jordi, let me throw it to you. There's a lot more I can talk about, but I think we got to put these puzzle pieces together.
We have a president in this country who's running everything like you said, Ben, like it's the mafia, like he's some sort of mob boss and that he could kind of coerce people into doing things for him. And along the way, he sends all these mixed messages. We don't need you. We need you. We won. We didn't win. We need your help. Please, please help.
If you don't help, we're going to threaten you with this. And it's unhelpful. First off, unhelpful way to talk to your allies. If you tell them you don't need them, then get mad. But then when you start threatening them and when you're looking at this global landscape, because I think then you're right, it's important we put all of this in the global context of what is going on.
To see somebody like a Netanyahu go out there and support somebody like a Viktor Orban and do it in such a public way.
it's also such an fu to ukraine and you see how all of these uh various wars and conflicts now are starting to merge together um which is also just obviously incredibly dangerous a hugely dangerous situation but when you have orban the guy who's actively helping russia meanwhile you have ukraine who's actually been a very strong ally of israel and has helped israel a lot
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Chapter 7: What are the implications of Trump's market manipulation strategies?
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Chapter 8: How are current events impacting U.S. economic stability?
So Apollo then capped it and said, you can't take out your money right now. We're going to hold on to it. Why? They want to avoid what we would refer to as like a run on a bank, right? Where everybody gets panicked and they take their money out. So the fund loses all of its money. I think that's an interesting indicator because we've seen other funds do the same thing.
So to me, that's another kind of glaring red alert signal. The Kobayashi letter also reported that traders placed $580 million worth of oil trades. 15 minutes prior to Trump's post about a potential peace deal with Iran this morning that we talked about earlier in this episode. So 6,200 Brent and WTI, those are types of crude futures contracts, were traded between 6.49 a.m. and 6.50 a.m.
Eastern time today. 1.5 billion in notional value worth of S&P 500 futures were traded at the exact same time. It is not known whether one entity or several entities were behind these trades, but just these trades alone, and there's lots of other bundles like this, generated over $100 million worth of profit in less than a 20-minute period of time.
so this is the type of insider who knew that that announcement was clearly people knew and were making lots of money on it and then again you have donald trump putting this five-day deadline we then get into the weekend remember trump usually does his invasions when friday nights
into the weekend on Sunday or Monday morning before the markets open, he declares some sort of deal or something happens, manipulates the market,
and at the end of the day who's getting screwed by all of these moves ultimately the american people and ultimately future generations of american people because these gimmicks and schemes may work every now and then but ultimately what this is doing is severely weakening fracturing and destroying
The grand bargain that existed post-World War II with the United States and most of the rest of the world as the United States being a stabilizing force, as a rational actor, as having markets that you can trust. And now Trump has turned the United States into the most arbitrary, capricious, oligarchical, anti-capitalist, cronyism, a la Putin type of system.
And so, Jordy, you talked about your child, and if you're watching this, whether you have children or not, or grandchildren or not, we all care about the future of this country. And all this stuff, just shatters this country. And even if we didn't have this war, even if we didn't have this war, okay?
we would be talking about inflation surging we would be talking about economic crises taking place and again brett and jordy and midas mighty i appreciate when people like you called it you called it you called it but some of this stuff is so obvious which is in a few days and then weeks there will be economic reports
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