[00:00:00] Speaker A: Any examples used are for illustrative purposes only and do not take into account your particular investment objectives, financial situation or needs and may not be suitable for all investors. It is not intended to predict the performance of any specific investment and is not a solicitation or recommendation of any investment strategy.
[00:00:18] Speaker B: This is another money show. Get set for another hour of the latest financial information and economic news affecting your bottom line. J.R. and Anthony are committed to helping more Americans like you optimize their inc. Reduce their tax risk and reach financial freedom. So let's start the show. Here are your hosts, Anthony Correo and J.R. rochford.
[00:00:42] Speaker C: Here we are, your hosts, Anthony Correo and JR Rochford, taking a break from our day to day as financial advisors with Rochford and Associates, a fully independent fourth generation family office right here in Sun City to bring you stories you may not hear on those other financial shows. We're aware the last thing you need is another money show, but we appreciate you being here and we got some, we got some great stuff for you this show. I'm excited. Jer, what do you want to start with?
[00:01:09] Speaker A: Well, I want to start with your shirt. You notice I'm wearing a nice shirt and a sport coat today and you're wearing a Kiss T shirt. So I just want to point out who the adult is in the room
[00:01:19] Speaker C: because we're on a radio show. But thank you for pointing that out.
[00:01:23] Speaker A: I'm gonna have to point out to you we actually have a YouTube channel, Anthony. I'll show you how to find it so you can see Anthony's Kiss T shirt later. Shelby will do a wonderful job pointing that out. So. And today I noticed, you know, usually you say news, you don't find any other shows. Today you said stories, so that was a little shift. Yes, sir, you said, and I'm going off the cuff.
[00:01:41] Speaker C: I'm finally not reading off my prompter. It's taking.
[00:01:44] Speaker A: It only took four years.
You're a big boy.
[00:01:47] Speaker C: All right, that way too, because I'm gonna screw that one up.
[00:01:51] Speaker A: Well, yeah, I mean, of course. I mean, we don't want too much change in one show, so let's jump into it. I'm gonna make the shout outs quick this week. I, I, the main one I have. Thank you so much, Zach, for coming on and talking to us about data centers. I really was hoping you were going to talk me off the ledge a little bit and you didn't. And I actually, I'm digging into it. We got a lot of feedback on your show, so I I thank you so much, Zach, for being here.
[00:02:15] Speaker C: So today no one could find it and then it wasn't posted.
[00:02:19] Speaker A: Well, yeah, I guess you heard about that, right? Friday was a holiday, so there was a delay in having the show come out and I didn't know how many people relied on on the podcast until my phone let me know. So if you're a loyal podcast lister from Friday afternoon, Friday night, thank you so much because I didn't know you were there.
So. And then Saturday I got more reach, people reached out. So that was awesome.
Anyway, today is going to be a little bit different. If you listen to us regularly, you know that we had a guy on about a month ago, actually it was the 15th of May named Jeff. And Jeff has been. He works in the water department for a city. I believe he's been in the water field. It was either 12 or 15 years.
He also did not talk me off ledge about water. So we, after that show, somebody reached out to us and said that one of their friends told them we talked about water. And apparently this man listened to the show and then he reached out to us. And it's taken a little while between our travel and so forth to get him on. But today, on the 23rd of June, today we're actually recording on a Tuesday, the one and only Sam Davis is traveling. So we have Matt McClure with us today. So thank you so much, Matt, for being here for us. So Today's Tuesday the 23rd and we have a man that really, honestly, this needs to be a household name. His name is Mark Burr. And we, he reached out to us. I didn't know anything about him, but Mark had a different approach. He said, do you want to hear 180° opposite perspective on the water scarc?
And I said, I do. So let me read the little bio on Mark that I stole. I stole this from the page of Veritas 7. And that, that's going to be important later because I want everybody that hears this to hear more than you're going to possibly get in one hour. I want you to go to Veritas 7 and look up the episode from April 17th. You'll. You'll get a little dose of Mark that, that super important. Anyway, so what Veritas had to say, what if the water crisis is not. Is. Is a lie? I'm sorry, not a misunderstanding, not a policy failure, a lie? What if the planet you're standing on is generating water right now deep in the rock beneath your feet, rising through the fractures that crack open every single day from the gravitational pull of the sun and the moon. And the reason you do not know it is, is that someone decided a long time ago that you should not.
Mark Burr is the CEO of Primary Water Technologies, a man who served four years in the United States Marine Corps. Thank you, sir, for your service. Earned a degree in Middle east, studies with a Phi Beta Kappa honors, worked for the World bank, spent years as a State Department diplomat in the US Embassy in Baghdad during the war in Iraq, and then one day discovered a paradigm so old and so thoroughly buried that the people who tried to advance it were dragged into court and defeated by science. I'm sorry, not by science, but by bond measures and political machines. So reading that bio, I don't know that you're going to fit in on this show, Mark, because you are way. You are a different level, you're a different caliber of man than. Than what we are on the show. But we're going to take a chance and have you. Have you on anyway. So thank you for being here. If you would tell us a little more about yourself and let's dig into it.
[00:05:51] Speaker D: Honestly, I fit in absolutely perfectly because what caught me about your interview with Jeff, and absolutely nothing against Jeff, as I say, there's upstream, midstream and downstream, like in the oil patch. Right. Upstream has to locate that black gold. Midstream's got to move it.
[00:06:08] Speaker C: Right.
[00:06:08] Speaker D: And downstream retails it or petrochemicals or our gas stations. Same thing, really, with water. Right. And you made that statement and you weren't getting the answer. You're being real nice. And you said, I moved here like 40 years ago. Right. Out to Luke Air Force Base in the, in the 80s. Right. And you said, you know, I've been hearing there's no water like tomorrow, next year, next year.
And yet after 40 years with all this growth, somehow we still do seem to have the water. Yeah. Rates go up and, you know, there's issues of scarcity and what we need to do. But you were like, I'm not making. It's not making true logical sense. I was here all of 92 at Thunderbird. I got my master's of international management at Thunderbird over there in Glendale. Okay. My father was there all 9, 59, 60. It was a really neat story and I don't want to sidetrack into that. Sadly, it's now part of Arizona State University. So the Thunderbird mystique has gone away a little bit, but they have a big fancy brand new building down there. We were a bunch of International guys taking American products and services overseas for decades. So I was the same way. Like, wait, I mean, I came back to Arizona. My parents retired at that time in Southern Arizona. So I was coming and going. And then I come back hard a decade ago, and I'm like, look at the size of this place. Right. Glendale used to have blood orange orchards and stuff and, you know, like, gone. And I'm going, everybody seems to be happy they got their pools filled. Yeah, there's this fear mongering.
[00:07:49] Speaker C: Right.
[00:07:50] Speaker D: So I knew you also were one of those people that said, something's not adding up in what we're being told.
[00:07:58] Speaker A: Right?
[00:07:59] Speaker C: Exactly.
[00:08:00] Speaker A: And. And what's so funny is if you. I know you live in Scottsdale. If you're on the west side of the Valley, we work in Sun City.
Anthony lives in Glendale. I live in Sun City.
Go out Northern Parkway by the 303. Go up I10. Speaking of which, the most important thing, I. I guess I'll get to it right now. Did you go to BUC EE's yesterday, speaking of the West Valley? Because apparently nothing on the planet is more important in Arizona than Bucky's this week. So hopefully you were there.
[00:08:26] Speaker D: I did, and I wish I had gone, but I was just in Buc EE's on vacation in Texas, where my favorite daughter lives. And we went down to the Gulf coast for a week and of course we hit that Buc EE's near Waco on the way down and on the way back.
[00:08:39] Speaker A: I have not yet been to a Buc EE's, but apparently I'm missing out because brisket, clean restrooms, nuggets, all the onesies. I mean, I got a real education over the last few days on Buc Ees speaking of bread and circuses. So I'm sorry, that's wrong. Good marketing, by the way. Bucky is good on you because, man, you made that into a firestorm. So, yeah, the growth in the West Valley is still amazing to me.
And I.
The reason that I wanted you on here, the stuff that you, you know, when I did my research on you, the stuff that I found, it's not out there. I mean, you really do need to be a household name. The information that you have needs to be everywhere. And what I came away with, it could be if it wasn't for red tape, politicians.
So help me a little bit.
[00:09:27] Speaker C: Where is that disconnect? What is. So if everybody's told there's no water, we, you know, we have a guy on working with the city and obviously he's being fed what he's hearing, too. So you're, you're this outlier.
Where is that?
What is that process? What is that outlier?
[00:09:48] Speaker D: So let me start with what really got me excited. And, and there's a group of mama bears up here, generally older gals who've been involved with LDs and politics, state level, local level, who have been fighting a lot of issues for these last 10 years, okay? Since an outsider businessman decided to shake things up. And so one of them cornered Representative Andy Biggs and his guy named Patrick, who I think is his campaign manager at a holiday party. And when I came out of my seat, because Biggs had two interviews to start the year, here's the leading candidate of the GOP against Hobbs, and he's on Charlie Kirk show.
And they start talking water about the whole D south from the. What do you call it? Sea of Cortez or piping water from the Mississippi. And he says, wait, we have 600 to 700 million acre feet of water underground in Arizona. And he points, and that's her numbers, as in the Arizona Department of Water Resources. He continues, that's about 300 years supply at growth levels, including industry, unquote.
I said, I immediately called Mary Beth. I said, wow, you, you really got to these guys now, Alexander. Rep. Alex Collins did some lawyering for me a year ago. He's down there. He's a water lawyer. And I immediately wrote him and I said, hey, look at this. And he sort of took credit, said, well, we here at the Freedom Caucus have been hammering that issues and I know they understand water and what needs to be done here better than most because it's going to take water lawyers, lawyers to change this system, unfortunately, but a lot of people pushing it. A week later, Biggs is on the Garrett Lewis show. I know him well, having spent a lot of time in Southern Arizona where he is truly the voice of conservative radio every day and moved up here for the last election. And so he says, okay, Rhett Biggs, and he's a. Biggs is always on there. He says, tell me what your plan is for the. For to be governor, Arizona.
Literally, quote, first of all, you make sure you don't tell the world that you don't have water because that's a stinking lie, unquote.
That is our leading candidate, a guy who's been in Washington for how many years, who now clearly is on the water abundance paradigm, and he knows the numbers are there.
[00:12:28] Speaker C: So what do they have benefit by telling people that we have no Water for the last 50, 60 years. I mean, why, why is this even a conversation? Why does any of this matter?
[00:12:39] Speaker D: Junior, a bit closer to age me, probably might remember peak oil back in the 60s, 70s. All the oil we found at that point, that's it.
And you got. It was sort of the beginning of that climate change, all that. Oh, you're going to have to convert, you're going to have to go to alternative energies because it's going to run out.
Well, something happened on the way to peak oil when America, United States became the Saudi Arabia of oil again by 2010.
Okay, three things occurred. One, new scientific thinking. It's not just hunting for dinosaur fossils, fossil fuels.
It's going deeper. Into what? Shale layers, miles deep.
Secondly, it's technology. It's drilling down and fanning horizontally. I'm not an engineer. I still can't fathom how they do that. And it is extraordinarily, it's not just one pipe. They fan out into these layers and then they bring up that oil. That was the technology came together by 2000, 2005. Thirdly was regulatory. And since I'm getting pulled into this politics and I'm meeting with people running for office who have had office.
[00:13:55] Speaker C: I see.
[00:13:56] Speaker D: Here's where you get in here. Was the change in oil that now has made us literally the number one in the world. Regulatory. They changed the lease sizes. Lease sizes, that's it. From one or two orders of magnitude larger for the big guys who come in and lease land. Right. So they can drill their. Put their straws in the ground. Why did they need larger lease sizes? Because as I told you, they're now drilling fewer wells and fanning out so that they can have an economy of scale to be able to compete with OPEC, the Saudis, Emiratis, all those guys at a 40 to $60 band that all came together in 2005. Bush energy bill. And it took five years for Texas, which is not owned by the federal and state government like Arizona, 70% they are private, almost exclusively private. So they can work a lot faster than weekend. Right. Texas, Oklahoma, Louisiana. Five years later, you were laughed out of the room if you said peak oil. And guess what happened? Peter G. Of the Pacific Institute in Oakland, California, a demigod of the environmental movement, wrote the paper on peak water.
And because he said there's peak water, well, everyone believes, Peter. And so for 15 years now, we've been on the peak water water paradigm.
It's all it takes sometimes. And they have a massive ability to broadcast that through the what I call the fear mongers, the scare mongers of scarcity. They're constantly trying to scare us into. Oh, there's not enough. Right. Put rocks in your front yard, fill up your pool and drink your toilet to tap three, you know, new and fascinating ways. And it's a system that runs that. Yes sir.
[00:15:43] Speaker A: Pay your, your 12% increase on your water bill every year.
So and, and this is a show on current events and how they're likely to affect your future, your finances, your kids, your grandkids. It's not a political show but something I took away from yesterday with Alex Collin. And by the way, Anthony, you met him. We did a presentation where Karen Taylor Robeson and Alec. Alex was there. He, he very, very good. Like a people's person. You said a lawyer's lawyer in, in one of your emails. He's also a people's person. He's relatable, he's got a good personality. We politically, we better be very, very careful with who we vote in because reading you sent me four articles that he did in the, what was it? The Arizona, Arizona Free.
And by the way, people listening, I can send you stuff that Mark sent me. If you're listening to us and you want more, I'll send you stuff later. But if we don't get people like Alex in office, if we don't get Andy Biggs in office, this is going to continue. This scarcity versus abundance problem is going to continue. So we have to be politically mindful of this. And you know, by the way, when I say a show about current events and how it's going to affect your future, name one thing right now that's more important than water. The conversations. You know, you gave us a little teaser when you first reached out about the most important thing coming up and obviously I found it yesterday. Do you want to jump to that? Do you want to jump to the most important thing going on right now with the future of water?
[00:17:11] Speaker D: It was az free news by the way. I, and I don't know, it's one of those things I get in the morning and it's more the conservative side versus the Arizona Republic stuff they give out. So it's nice to have both, you know, see what both are up to. And he did a four part article which is, as you say, as much as possible for us lay people. It makes it understandable. And he's a, he's a fun guy, neat guy and a sharp guy because if you're going to change water law here, you're going to get sued and it's going to go to the Arizona Supreme Court. So you better be ready. You better have all your little Latin words figured out and your all history and your precedence and all the stuff that really is important that most of us go just change the law. Well, it's hard, especially in water. I tell people it's easier to drill a oil well in Arizona than water. If we add oil or gas, certainly mining is moving much faster. Right? Well, but we have 9 million state trust land, 9 million acres. What do you think?
Do we know about the true value of water under those 9 million acres that have almost never been drilled? A 21 million acres at the federal level. Right. BLM and all that. Right again.
[00:18:17] Speaker A: How much?
[00:18:17] Speaker D: That's 30 million acres or like 70% of our state. Right.
We have very little and yet we have the most friendly federal government to the west in maybe since we've all been created as a state. And of course we don't have the people in charge who are ready to negotiate and open and do things with that federal government and open up these lands for lots of things. So it is happening. Mining companies are going there and getting it done. But on water there's another component. The, the, the, the biggest change that happens last September, quietly the Bureau of Reclamation agreed upon a water quality standard for non project water, meaning not Colorado, Colorado river water to be added to our own canal. The Central Arizona project, right. That comes off of the Colorado river all the way across to Phoenix and then all the way down right to Tucson.
Built and completed by the early 70s. We can now add water.
Well, to all of us who kind of go well if we don't have any water to add, why would we go through all of those hearings and lawsuits and changes if to do that if there's no water?
Because there is water, as Biggs has woken up to and is pointing out. So we do people say we don't have the infrastructure. What are you talking about? We have miles, hundreds of miles of infrastructure under that cap. And of course the ones that APS and what is it called? Salt river srp.
Right. Those guys have their own canal systems bringing water. Most of that is again runoff. Good for you. Utilize your runoff. Be smart about it. I'm an all of the above guy in water. I'm not trying to say one or the other, but the groundwater component is vastly undeveloped. It's literally the only extractive industry that has not gone through a revolution like oil and gas and mining and geothermal now.
[00:20:19] Speaker C: And do you think there could Be a privatized version of that because you're saying that there's all this land that we don't have access to. But you know, privateers can purchase land. I'd imagine if you have that much water underground, some of it.
[00:20:34] Speaker A: Isn't that what you are marking is the primary water technologies.
[00:20:38] Speaker D: Let's think big. This river almost may not give hydroelectric power, guys, right? I mean, I just crossed the dam up there and I'm like, man, it is solo, the Lake Mead, you know, and you're like, oh boy. And I'm sorry, I don't care how much El Nino you're going to get upstream, you're not going to refill that. You might get a few years of breathing room and then boom, right? We're literally at almost that zero day level, whatever they call it, and what happens, right? So guess what? All the states, upper river, upper basin, lower basin, could not come to agreement. And now the federal government is going to make the decision on allocations. And basically, usually for us, that just means less water for you, right? Double digit increases on your rates, more rocks in your front yard, more people screaming about golf courses and farming and this and that, right? The fear mongering goes on. Peak control.
And we, the end users, suffer by just paying higher rates. There's solutions to this, which is called supply and demand.
If the supply of the river is now reaching its, its maximum by lifetime, then you need to deal with the groundwater component, which is never divine, bella. Because why you need to deal with the downwater. We want you on the straw so we could charge you over here. There's a whole bureaucracy and a whole massive number of people who make money off that, including the water lawyers, okay? Off of that monopoly system, Remember, it's a monopoly at the Dam Bureau of Reclamation, the largest wholesale of water in the West. It's a monopoly in the canal, which are federal and state. And then it's a monopoly here in Phoenix, right? Or your municipal water supply. We don't wake up one day and say, I'm mad at my water. I want the AT&T of water. I want the Verizon. Let me call Verizon. You got one and that's it. And then they just tell you, well, you know, your rate's going up and we're going to be really good at doing wastewater and retreating it in the whole toilet to tap stuff, which they give very fancy names now, okay? We got better membranes and this and that. And they shove that water also into our shallow aquifers. I run around in my business, which is groundwater exploration upstream, locating water wells for homesteaders off gridders, ranchers, farmers, sometimes commercial and every once in a while a municipal. But it's a big headache there. I don't have time for all the politics and the stupidity there. Okay? They want a million and a half dollars to drill one well for Douglas. When I could go find them a well for $150,000. It'll. That'll keep them going for. For a generation. But that's upsetting a lot of Apple cards, isn't it? So I just go about doing my business in 30 states across the US and on six continents around the world, locating water for people who need it and respect the idea that we're bringing these sustainable sources through that primary water paradigm.
[00:23:26] Speaker C: So you are finding it for answer it is for individuals.
[00:23:29] Speaker A: You are finding it, yes.
[00:23:31] Speaker D: And let me ask Arizona, like bigs realize there's so much water on our feet, it's silly. So I was with Gail Griffith. They say nothing happens in Arizona water without Representative Ale Gift Griffin's approval. Griffin or Griffith? Griffin. She's southeast Arizona, cochise county. Been 20 some years in the house. Okay. And so I met with her two hours a couple years ago when those mama bears are bringing me down, get me involved, Judy and Doug and, and, and I sat with her. She was, she's smart. She, she had the pack state, you know, numbers and all around her desk. And I said, you know, Representative, there's an old guy still alive in Omaha called the Oracle of Omaha, right? His name is Warren Buffett.
Right? Warren Buffett, one of them.
Warren Buffett. Warren Buffett, one of the smartest, you know, wealthiest men in the world. And he said, you know, if you're playing poker and you don't know who the patsy is at the table, it's you.
And when it comes to Arizona water, Arizonans are the patsy at their own water table. Because everybody else knows there's water here. The California, Florida nut farmers, the hated commercial dairy from Minnesota down in southeast Arizona, the Saudis and Emirates growing their. What do you call it, Alfalfa out there in La Paz County.
[00:24:56] Speaker A: And that makes me angry.
[00:24:57] Speaker D: On and on we go. The chip factories come, they get their water, but the rest of us are told, no, there's no water. Rocks in the front yard. 12% more a year and fill in your pool. Probably okay, it's probably good idea. What the hell do we move here for? Excuse my French. So, you know, that's what's going on with, with that paradigm and there is water abundance. She agreed. And she actually ultimately put forward a number of bills last year and they were renewed this year and guess what happened? Vetoed.
[00:25:27] Speaker C: Right?
[00:25:28] Speaker D: The veto queen vetoed them all. There's some good stuff there.
[00:25:33] Speaker A: Well, we, we, yeah, we need a change. I'll just put it there. Why don't we do this, Mark, let's take a break and then we'll come back and dig in this further.
Please reach out to us. We're at 623-523-0444. You can also email us at teamnothermoneyshow.com I would love to forward to you the articles from Alex, the attorney, the water attorney. We're going to call him the water attorney from now on. I would love to send you the video that Mark's on. It's about an hour and 12 minutes long where we don't have that kind of time. So reach out to us. We'll hook you up. Also, don't forget, we can be a second opinion on your finances. We'd love to help you, sit with you, meet you. We'd love to get your show ideas and that sort of thing.
[00:26:18] Speaker C: And lastly, we provide you with bottles
[00:26:20] Speaker A: of water, endless bottles of water. If we have to get Mark out to our office to drill for more water behind our office, we're going to do that now that he's our friend. So don't forget the YouTube channel, too. We'd love your help. You know, We've got over 700 subscribers, so we're not exactly, you know, nipping on the heels of Joe Rogan quite yet. But we do have 530,000 views of our videos and shorts. So it's moving. We'll be right back. Thanks so much for being with us.
[00:26:51] Speaker B: Stay right there. Another money show. Return in moments and be sure to subscribe to the podcast and leave a review.
At Rochford and Associates, we know the road to financial freedom is not a straight path. And the journey is different for every family. And in times like these, we want you to feel confident that you're safely on track to meet your retirement goals.
[00:27:16] Speaker A: We want to ask you to prepare for economic chaos. We want you to prepare for bank volatility. We want you to ensure and protect your assets with a smart plan.
[00:27:25] Speaker B: Our team can help you make the most of your hard earned savings using strategies that are right for you.
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[00:28:14] Speaker A: Welcome back to another Money Show. Thank you so much for being with us. Today's very exciting to me because we have a special guest. We have Mark Burr on with us today.
And as I started, I'm going to start again. This name needs to be a household name. This is the, the most important show I believe we've done in four years. So thank you so much, Mark, for being with us.
Something that I took, you know, I mean, usually I don't make stuff up. I just steal other people's. I don't believe in recreating the wheel when I can just steal one.
So Anthony, you don't know this about Anthony, but Anthony was an engineer. I took Anthony out of a very good, decent job as an engineer and brought him into the family practice eight years ago next month. So you said something about engineers. You said that, you know what happens if there's a job that costs a million dollars to do.
[00:29:03] Speaker D: Ouch. All right, Anthony. I said all the engineers out there, sorry, Charlie, but the fact is there isn't a job that can be done for a million dollars that you won't find a way to do for 10 million.
And there's a response to that that they usually say, actually a hundred mil.
[00:29:20] Speaker A: I love that.
So let's jump right back in 18
[00:29:25] Speaker D: months on that insane 20 billion plus dollar reconstruction effort after we won the war in three weeks and lost it in three months. And I got there after the party ended in 2004 till mid-2006 when the elections were and the government got set up. And I said, why the hell are we all still here? It's time to go home and let them run the place. And I got to see massive, like, you know, the most insane expenditures of American taxpayer dollars. I tell half jokingly, I went there a conservative Republican and returned a rabid libertarian.
[00:29:56] Speaker A: Amen. Amen. No, I mean, I, if people can't see that, you know, I mean, we, we have a lot of interactions with different people, both sides of the aisle now. It's, it's, it's crunch time. I've always said to Anthony, you know, every single election, I Say this is the most important election, Heather, ever. He's like, well, you said that last time.
[00:30:14] Speaker C: Yeah.
[00:30:14] Speaker A: And it was. And now it is this time. But when you talk about water being one of the top three issues, you know, on political minds, this is our future. You know, you had said during the break, we chatted for a second, you said even young people are starting to wake up to the fact that water is important. Water is good for making your health great again.
So your experience is that this is important to every single person, Is that correct?
[00:30:40] Speaker D: Yeah, and it really is. There, there is a lot going on in the water world for sure. Just as you talked about, hey, you know, I'm drinking this alkaline water now. And my response of, hey, this primary water paradigm, which is that science aspect of re looking at been rethinking of water, which is actually, again, people understood this decades ago, is that the Earth creates water in all of its phases, right? Hydrogen and oxygen combine under the electromechanical forces of our Earth. They've determined that to be now about 400 miles deep in the outer mantle, kind of a Goldilocks zone they call the hydrous zone, where there are catalysts in there like ringwoodite and olivines and boom.
It combines, right? And then it starts. Because we're slightly centrifugal, right. It starts making its way out to our fractured crust. Much of it, of course, is steam, right? It's supposed to be real hot down there. And so steam. What happens to steam anywhere are hot lung against a cold pane of glass as it cools. Condensation, that's liquefaction, that's becoming liquefied from below. They will not include that in their models, even though the geothermal revolution is now fully underway. Geothermal is now going much deeper than water wells, right? Hitting those superheated rock zones. They're learning from oil and gas how to fan out into it, make really amazing loops and all that, right? And make Earth's natural steam engine become an energy source. And it's bipartisan, by the way, because it's seen as the cleanest energy. It's not coal, not nuclear, not, you know, natural gas. It's Earth. But you do have to drill for it. Billions of dollars were flying out of the Department of Energy in the last two years of Biden's term as they funding on the soft loans. Remember old Solyndra and the whole, you know, solar days? Well, this was going out into the geothermal revolution that is well underway. So same thing they're seeing Steam again. What happens to steam?
For example, in Hot Springs, Pacosa Springs, Colorado, they took a cam, a sensor down 2,000ft, and at some point they weren't in hot water anymore. They were in water vapor. Steam coming from whatever tectonic source it is that is a renewable water source. Scary term, renewable water source from the Earth. And it's patently obvious they will not include it in their models.
It's crazy.
And what about.
[00:33:24] Speaker A: It's not crazy.
It's not crazy. I mean, look at Tesla, look at Nikolai Tesla. I mean, you know, we've had a world of people that have decided what's good for us, you know, what about hemp? I mean, what our history has been, man overrides, you know, small agendas override the masses.
What were you going to ask, Anthony?
[00:33:43] Speaker C: Oh, I was going to say, I know this is a little bit not what you do, but I'm curious on decalinization because obviously we've got, you know, 70% of the world and I was told, you know, for years and years that we can't take the salt out of that water. But I think we've made a lot of progress in technology. So isn't that on the table as well now?
[00:34:06] Speaker D: Well, it has been. Right. So I, I've spent a lot of time in the Middle East. My second daughter was born in Riyadh, Saudi Arabia. Okay. And I was there in the 90s, for example, for an extended period. They had converted to desalination plants. Right. Long ago. And so there. And of course they have the energy to, to finance them. They're energy intensive, aren't they? So they had the energy, black gold under their feet, exporting all that. And they were late on converting natural gas, by the way, just like we were. They were flaring it offline. Well, this is gas.
No. Now they're utilizing that for their own petrochemical industries there and exporting as much as the black gold to India and China as they can. So they have a DSAL system that's phenomenal. We do have D cell in the US for example. San Diego still has a great desal plant. And thank, we need to thank them because on the latest deal with California, they said oak in the lower basin, which is us, California and Nevada, they said, okay, okay, okay, we will not take our quota because we have the desal plant. And no one talks about this. Guess where a lot of their energy comes from in California?
West Valley. What's, what's that called out there, Paulo? Palo Ver.
[00:35:21] Speaker C: Oh, the nuclear power dude, that's in Arizona.
[00:35:25] Speaker D: And we only get like 30% of that energy. Yeah, yeah, how about that? You think maybe Arizona's wake up one day and say I don't. You know what if all of that went to us, we would not see an increase in our energy price. In fact, we would probably see a decrease for some time. But they are privatized, right? And of course they're going to sell the highest bidder. California has been shutting down, right. They're nuclear for how long? So they want that from, from Arizona. So they realize Arizona's may wake up one day. So let them still have a little more of our quota water and you know, keep those desert rats that are a little goofy like don't. Let's hope they don't figure out the game.
[00:36:07] Speaker C: So. And I guess if I'm understanding correctly, it is an option. It's just very energy intensive.
So the technology isn't there to readily make desalinization, you know, a big producer of clean water for us. We can't kind of like recycling. Recycling isn't profitable. It takes too much energy versus reproducing.
[00:36:31] Speaker D: So they are talking though, right? That's one of the big ideas is we're going to go to the Salton Sea, right? Puerto Penasco, Rocky Point, and we want to do a desal there, right. And bring that water up here across from Mexico, across the national boundary. Not a big deal. We already have water from the Colorado going that way and we have agreements surrounding all of that. But how much is that expense going to be to do that plant and bring it up here and all it's bringing is again, like you say, desalinated water. At what cost? When we have, as Rep. Biggs said, Six to 700 million acre feet down there. Acre foot is 324,000 gallons. It's one acre, one foot high of water down there. It's 300 years. By their own numbers, we've only been a state for what, 100, whatever, 10. We've been a country for 250. If we have water for 300 years, including growth of industry, it's about time we used it. Arizona or others will. And they have been using it. They can't take it out of the state, Right. They'll use it here to grow nuts or cows or alfalfa. And we sit around screaming, they're stealing our water. No they're not.
Okay? They're using it and they're paying taxes to use that for the benefit of the food supply or the food supply mainly.
[00:37:57] Speaker A: Right.
[00:37:58] Speaker D: Which is still a small percentage of our water use.
How much? Look at that canal next time, man. It's a lot of water in it right there. Every time you pass on a freeway and it goes to us human, our houses, our. Our pools, our hotels, our, you know, industries and, you know, commerce and whatever. Golf courses are mainly on water wells, by the way, in Arizona. And they get the brown water they're reusing. Right. That water goes a lot to golf courses that are smart and they're using that. But the golf courses have plenty of water from down below. But they want to scare you. Oh, how can we have so many golf courses in the desert? The answer is because there's a lot of water down there. And your water for home comes from the Colorado river, so. And it's. It's the teeny percent that goes to those guys and look what they bring to this state in terms of tourism and income that helps keep our taxes lower. It's like, where are the people that help explain this? There are not many, sadly, in the political world that explain this.
[00:38:56] Speaker A: No, I mean, I. This is all brand new to me. I mean, after Jeff came on, I thought, we're just done. That's just. It is what it is.
[00:39:03] Speaker D: I was crying with you. Like, man, that was depressing.
[00:39:07] Speaker A: That show ended with me talking about, you know, drones and not drones, but, like, you know, terrorist attacks on water supplies. You're talking a totally different level here when you're talking 300 years worth of water.
[00:39:18] Speaker D: Water.
[00:39:18] Speaker A: Let me ask. Okay, quick question for you. The. The big thing that a lot of people are asking us about, and I. And I've been focused on the last couple episodes. All these data centers popping up. 3700 in the nation. Arizona is ripe for these data centers, you know, not taking into consideration that we have endless water because, you know, you are the only one, you know, sounding from the rooftops. What. What's the deal with that? I mean, are they. Are they hurting us in the short term? If we don't get the right politicians, let's say, if we don't get your name out there every single where. So people start screaming, what. What happens? These data centers are going to hurt us further. More than 12% increase here. More rocks in our front yard. What's going to happen?
[00:40:02] Speaker D: So I get dragged in again to a town hall in South Scottsdale. Mayor Borowski is calling it to talk about the latest water increase. And she brings Professor Rhett Larson, Arizona State University, basically. And he even said this, like in his fun Presentation where people were literally clapping because he's so funny and interesting and about their water increase and no new ideas. I was like man these lawyers are good. They can make people clap for. For what? What's hurting them, right? And so he is showing the numbers and his numbers were there. He's showing in a nice way. Guys, this is a phantom over here. This whole thing that agriculture. Look at it compared to this number.
Look at the factories and industry compared to this number. It's not what you say. And just last week we found out what there were massive Chinese bots that were behind a lot of that fear mongering related to the chip factories because they don't want us to get ahead. That was proven.
The fact is it's like a pool, right J.R. you fill it once and that's a lot of water. And sometimes you got to pay a bill for that, right? Oh man.
[00:41:20] Speaker C: Right.
[00:41:20] Speaker D: And you have to drain it and they hit you twice maybe. And then you have a pool and you put a pose in it and you know there's some evaporation. And now you have an ongoing water rate. It's a bit the same for them. A lot of it's dealt. They need water in the construction of these facilities and then there's an amount that's ongoing.
[00:41:37] Speaker C: Right.
[00:41:38] Speaker D: That they need to add. And they are amazing at reaction. What do you call it right. Re filtering and reusing their own water. Look at that chip factory out there on the. What is it? 303. The one north. I mean look. Massive infrastructure for their water purification that they need. By the way, it's possible build chip plants without using water as a coolant.
And guess what, you're a finance guy. I hope you bought some Tesla because in five years that son of a gun is going to obviate. He's gonna make. Not needed anymore in my opinion. Any chip factory down here, that's. That's an extreme statement. He's going to be putting in space, right? All those racks where it's incredibly cool, no need for coolant and the face it toward the sun to get your solar 247 and he's going to blow them away. And Bezos knows this and now he has of course rocket ships and so there's a bit of a race right there that people need to look out, man. They get all this fear and crazy and chip factories and they get all the water. It's number one, a small amount of water. Number two is happening so fast and there are new technologies coming in that are non water Based and space race of chips.
[00:42:54] Speaker A: No, makes sense. And I mean, you know, we are finance guys. I mean this morning I was reading about South Korea and I was reading about how China is just, they can do better chips than we can for 90% less cost.
So unless Elon Musk snap snaps to it and gets something better than China, we're going to lose that race.
[00:43:13] Speaker D: Speaking of China, Taiwan's an island, look at the size of it. And they're more competitive than we are at chips.
[00:43:20] Speaker A: Are you kidding me?
[00:43:21] Speaker D: Right?
[00:43:22] Speaker A: Well, and that's why China is, you know, we've been saying for four years China is going to take over Taiwan. It's just when right now the world's a busy place, but you know, we still believe that Taiwan is going to be and next back to China.
So when I look at the world right now, the change is so amazing. When I look at the simple things like how do we knock some of this out so we don't have to worry about it.
You getting the word out about you is going to help with the water.
I mean, some of this is simple.
[00:43:54] Speaker D: Like I say supply and demand. We all saw the little curves. Even if you just took basic economics 101 in high school. The supply demand, we need to deal with the supply side now. Our demand is steady and grow. It has grown like you and I have seen over these decades since we came to Arizona. But the supply is being restricted right now. We're being told, wait a minute, okay, capture, like you say, rain capture in the desert. I always laugh at that one. People come here from like California set up. They're I'm off grid and I'm doing rain capture. I'm like, do you know how seldom it rains? You better have a big tanks out there to capture that water. And usually they give up and they say I need a backup. Well, we go out, get them a great well. So you got to get the supply side, right? And then they, the people say, well, infrastructure is not there. It is. Or how about build it? It's great. Politicians love job creation and infrastructure. Make our own canals, which we have some up on the, the Salt river and all the he whatever and make it in our 9 million acre trust lands which are ours, right? And they get sold off for what, like schools and all of that. I mean it's a while. Imagine if they sold pulled it off and they understood the water value on it. I just found water for a Buckeye. You know the Buckeye bypass? The Arizona bypass, right. Goes by the prison out there and they were on the east side of the road, 220 acres. They want to do a fancy RV park with pickleball championship all the whole thing. They bought those old wells on the come of. Oh yeah. We always had water out here and they weren't given water and they were shallow and crappy. I come out there and I get them project water which means they get their 100 year water certificate. That's the whole development game in Arizona. You got approve 100 years of water for the amount of homes, the amount of demand that you have in that development.
And so that property added a zero the day I got them their project water and it was drilling through through granite and breaking through at 6 to 700ft from granite. Granite last time you guys probably checked was a hard rock. Right. So it's fractured down there. There's massive amounts of water. I was going to go west valley on you same area. As you drive by, you look over and you see these canals and you literally see pipes three feet wide pouring out water into these canals. You probably think well there's the Arizona Canal. Right. It must be Colorado river water.
No sir. Those canal systems like the Arlington Irrigation District have been there since the 1950s.
They've been pumping 4,000 gallons a minute, 3,000 gallons a minute from those wells out there for 70 years now. Wow. Where's that water coming from? They call it the Gila River. Sorry, I moved out here from Virginia. You guys got a funny thing idea of what a river is when there's water two months of the year. Okay. So. Yeah. And most of it's now damned up, you know, stream anyway. So how much makes it Tehila bend down that way? Right. They're going over a thousand feet down there. Guess what? You guys are going to have to be excited at this. There's a new wave park going in out there. They're doing it on a water well and they're going to fill their way park and then there's a slow amount after you fill it right. For with Apple etc. Going out there somewhere in. In Tor Buckeye. Man, that's cool. That's how much water is out there. There are ski parks high end where they like Olympians. Go there and do the jumps and train and all that and you can buy your little house lay on there and everything. And there's multiple out there in that desert. That's how much water's out there.
[00:47:31] Speaker A: Nobody knows any of this stuff. Mark, this is fascinating.
[00:47:36] Speaker D: It's crazy.
[00:47:37] Speaker A: Yeah. So I and I guess the most Important shower question. Can I start taking longer showers again? Can I start leaving the water running while I'm brushing my teeth?
[00:47:45] Speaker D: Exactly. I mean that. Well, tell them get the supply into our system if it's Colorado rivers come to reach its end. Okay. We've heard now that, hey, we're allowed to add water to our own canal. So they have hearings at the cap once a month to talk about what they're doing basically how, how much time either going to raise your rate, you know, and other, you know, political things about the up basin and the lower basin and where the federal gun. No, hello, Timeout. Right. So I went to the North Phoenix. Somebody dragged me in there a couple years ago. What's that called? Desert Hills area and all that. Right. And they were having a water meeting saying in that time was a 12% increase as they had water meeting. And I told them, okay, you just had a nice presentation from the water lady of the Maricopa county, whatever. And in there it showed 97% Colorado river water, 3% groundwater. There's a groundwater component. So the natural question is, why aren't you expanding the 3%? And I gave them an example. Okay? That was the year they did the cutbacks. I'm dealing with people calling with the pulling their hair out who are built their million $2 million retirement home and they're on a street that has power, that has water.
Okay, everybody across the street's already built and has water. Right. Municipal. And they were told when they went for their connection, oh, no, you didn't apply by April.
You need to drill a well.
Like what? I got a front yard and I'm in a desert. Right. Why isn't the whole system helping those people instead of forcing them to drill the well? Right, Drill the well and put it into your system and increase the 3% of that supply. There is water. They're having to force people to drill all the way out to Rio Verity. And there is water. But why not put that in that system? And they love restricting that system again, don't they?
[00:49:36] Speaker A: Because they control is the name of it. You. You referred to the wheeling statutes. Is that what this is, the wheeling statutes?
[00:49:45] Speaker D: When those. That canal was created, we said, hey, we finally want to do our own octake from the Colorado river. Right. When those canals are built, there could be something that happens where the Colorado River's diverted, whatever. Now we're not getting enough water. Where you need to use what were called wheeling statutes, probably some Dutch term to wheel water, you know, into a canal or something. And wheeling Statues always existed. So it shouldn't have to take us that long to go through all our processes of determining the water quality that we'll put in our canal when the Colorado river is not spring water anyway. But fine, we don't want to put brown water into it. So what's the standard? Great, let's add it in. And for it to take almost 10 years is absolutely ridiculous. But the Wheeling statues are now in effect and Cameron, Scott Cameron is the water czar in America. He was put inside the Department of Interior under Burgum who's an oil guy. And then listen to this Arizona. Trump appoints an Arizonan long time water guy as the head of the Bureau of Reclamation. Guess what?
He wouldn't even get what do you call it, a hearing. We are lower basin guys. We are secondary man. Upper basin calls the shots. They would not let an Arizona even go to confirmation. Trump's like what the heck? That's where you want to act. He puts move Scott Cameron as still he's having to do all these acting directors because he's all Washington on both sides of the aisle are fighting tooth and nail. He puts him out at bureau reclamation and I'm telling you I'm seeing amazing things happen and like that one in September finally got pushed through and other things are happen through bor. Okay. And again if we were a state that were excited and using it we would, we would be able to do and see much more impact. But we have leadership that has no desire to talk to, to those people.
[00:51:42] Speaker A: And can we regain, can we get that back with people like Colladin Biggs? Can we get it back?
[00:51:48] Speaker D: Hey, I'm a sort of an outsider. I've come back here over the years. You know, I've seen it. I left Kenya kind of in disgust. A totally red state with little blue dots. And of course Northern Virginia and Richmond go wonky and, and, and and and lose unbelievably. It was shocking. And I had daughter in UVA and everything. I, I know the states. I said man, I'm going to Arizona. I think they're saner out west. And then what happens here in 2020, you can't believe it. I believe Trump is no stupid guy because his whole legacy is on the line. If he doesn't win in the midterms and definitely doesn't succeed in 2028 in passing on the flame. So he knows how this system works. They raided the Maricopa county offices guys and they raided the it the DeKalb county offices in Georgia finally the FBI, they've got it. Get it. So Colin knows water law too.
Election law. And he's going to be our secretary of state if we can get him approved. He knows what's going on and Biggs knows the stuff too. And, and so those two guys, who's the third one? You know your key positions, what do you call it? Attorney general. And there's two decent candidates week one. Peterson. Okay, fine. He'll do what he's told but you know, we got to get him there otherwise these people are just going to veto and say no. So we do have a very, in my opinion, very good chance.
But it's election so I hate to
[00:53:10] Speaker A: say this, we ran out the clock. Would you come back on with us if we need you? When we need you, when you have something to say, will you let us know when you want to come back on?
[00:53:17] Speaker D: Anytime. But yeah, I mean, yeah, I've got something. Maybe we'll go on a couple weeks. About what I pushed for at that meeting is now going to be some sort of debate or event coming with Kaladin leading the charge. So let's see if that gets a date on it and we'll talk about it.
[00:53:32] Speaker C: Well, awesome.
[00:53:33] Speaker A: Please keep in touch with us.
[00:53:34] Speaker C: Yeah, and that was Mark Burr with the primary water technologies.
If you need his contact info, reach out to us you want to chat with us about any of the topics today which you know again then we'll just pass you on to him because we are not the experts in any of this. But that's why we bring on experts.
Reach out at
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We will see you again next Saturday at 5am and noon right here on 960 the Patriot.
[00:54:16] Speaker B: Thanks for listening to another money show. You deserve to work with a private wealth management firm that will strategically work to protect your hard earned assets. To schedule your free no obligation consultation visit anothermoneyshow.com investment advisory services offer through Brookstone Capital Management LLC. BCM. A registered investment advisor, BCM and Rochford Financial are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Investments involve risk and unless otherwise stated are not guaranteed. Past performance cannot be used as an indicator to determine future results.
[00:54:53] Speaker A: Hi, I'm J.R. rachford, host of another money show airing Saturdays at noon on 960 the Patriot. If you've heard our show, you know it's more news based and how current events could affect your finances versus actually telling you what we do. I'm going to tell you what I've seen time and time again to be the very key to a happy retirement, and that is income. You would think that those without much money in retirement are the only ones worried in retirement. What I consistently see is that those with large sums of assets are also just as worried. That worry always comes from the fear of running out.
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