Episode Transcript
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Speaker 1 (00:04):
Joining us now is Tony Arderman.
Tony has WiseWolf Gold to helpyou get gold, and silver and any
small or large amount on amonthly basis as well, and he
supports this program withDavidKnight Gold, which takes
you to Tony's site but also letshim know that you're coming
(00:25):
through us.
So joining us now is TonyArderman.
Thank you for joining us, tony.
Good to see you.
It's good to see you, david.
Speaker 2 (00:31):
Hey, if Diogenes was around today, he'd be a David
Nightluster, I'm pretty sure.
Yeah, it's funny about Diogenes.
I heard a story a long time agofrom a friend of mine.
He was my first squad leader inthe Army and he became a
history professor and he told mea story about Diogenes.
You know he's always on thelookout for an honest man, but
he wouldn't look in a mirroreither.
(00:52):
If you hold up a mirror, heturned away because he was
looking for an honest man.
So I always thought that wasfun.
A little bit of a little bit ofextroesophical history there.
Speaker 1 (01:00):
That's good.
We all need to be aware of ourfaults, don't we?
And that man in America can bevery, very accusing, can he, if
we really are honest about it.
You know, maybe Russell Brandwill get there, maybe he's
starting to get to that point.
But I'm not so sure aboutTucker.
He's got even more concernedabout it.
I'm not sure that he's lookingfor any honest people.
He's looking for famous peopleand sometimes it's good to be
(01:22):
infamous if you want to build anaudience.
But let's talk about what'sgoing on with Gold.
I mentioned earlier thatthere's even more states that
are talking about getting rid ofsales taxes as well as income
taxes on precious metals.
They mentioned the four states.
They mentioned Kentucky andWisconsin getting rid of state
sales tax if you buy gold andsilver.
(01:43):
Georgia and Kansas would takeit off of income tax if you're
buying gold or silver or gettingrid of it, that type of thing.
Of course other states likeTennessee.
We don't have an income tax, soTennessee has already taken it
off of sales tax.
How many different states arethere that don't tax gold and
(02:03):
silver precious metals?
Speaker 2 (02:06):
I think we're coming up on a majority of the states
now that don't have a sales taxon gold and silver, and there
should be more and more gettingadded every year.
One of the reasons that I haveland in Northwest Arkansas, but
one of the reasons I don't havemy shop in Northwest Arkansas
and I went across the borderinto Branson, missouri, is
because Missouri didn't have asales tax on gold and silver
(02:28):
bullion and you can't be a goldand silver dealer and nobody's
going to pay it.
Just from a business standpoint, the states would be wise to
lift those restrictions becauseno one's going to have that
commerce going on in your stateanyway.
So again, this is how you knowit's grassroots and from the
people, because it has to dowith lifting restrictions and
(02:48):
getting rid of taxes.
That's how you know it's, notcoming from the top down.
I think this is part of thedemand from the bottom up.
David, we're seeing that againpeople going into Walmart, going
to Costco.
They're selling out of goldbars.
People understand instinctivelythere's something wrong with
their currency and this iswhat's happening.
(03:08):
Is this causing an effect allacross the country of lifting
these restrictions?
Speaker 1 (03:13):
Yeah, and what they're talking about is
essentially all precious metalsgold, silver, platinum and
palladium bullion beginning inAugust, if these things pass.
Even in Wisconsin they'retalking about removing it from
copper bullion.
So again, this is.
(03:34):
But when you look at gold andsilver, this is not only just
helping people to get somethingthat's going to be a
preservation of wealth, but it'salso, I think, a necessary
component for it to be used intrade as a currency.
And I think that's anotherthing that's driving that the
fear and the understanding of alot of state legislators about
how shaky the dollar is, and youknow we don't want to have.
(03:56):
If we have taxes on theexchange of gold and silver,
then you can't use it as acurrency.
Speaker 2 (04:01):
Well, I think this is the future too.
Because of the loss of thepurchasing power of the dollar
and the loss of the dollars, theworld's reserve currency, I
think, is going to create amultifaceted currency selection.
It's not going to just besomething like the BRICS the
Brazil, russia, india, china,south Africa it's not going to
be something like the BRICScreate the new world reserve
(04:24):
currency.
In my opinion, there's going tobe a handful, maybe more, maybe
a dozen different currenciesused around the world and the
dollar will just get supplantedthat way.
I think this is again.
You're watching gold and silverbecome legal tender in more and
more states.
You know, internationally thisis going on as well.
So I think we'll see.
(04:44):
I think we're seeing.
This is a very positive trend,david, because the dollar is
losing that status.
People are waking up to that.
It's slowly but surely, andwe're going to see more and more
of this on the horizon.
Speaker 1 (04:55):
Yeah, I agree, the Kansas bill has two bills.
They explicitly reaffirm thatgold and silver are legal tender
.
So that is a big part, as youpointed out.
And as far as the taxation goes, peter Schiff says well, you
know, the stuff has already beentaxed.
When you look at inflation,that's a tax.
No, you know, double tax it,exactly, exactly, and of course
(05:18):
that's the argument that peoplemake.
You know, with the estate taxand things like that, you know
when you have, when somebodydies and the family is taxed on
the value of the estate, it'sespecially true of homes.
Now, of course, land is goingto go up in value.
But you look at homes afterthey're paid off, after 30 years
or whatever, and it'ssupposedly worth 10 times or
(05:40):
more of what it was when theybought it 30 years earlier.
And it's now 30 years old andnot brand new.
So that's built into it.
When you look at the valuationof, you know, family business or
a farm or something like that,that dollar figure that's there.
They don't adjust that for theinflation.
They say well, you know that's,it's like this all happened in
(06:01):
one year.
You know it went from X to 100times X or something like that,
and so you know a lot of that,or all of it in many cases is
going to be just higher valuebased on inflation.
So that is a really unjust formof taxation and it is not about
you know.
Jefferson was supportive ofthings that would stop well from
(06:23):
being passed on from generationto generation because he wanted
people to earn it themselves.
But he wasn't looking at acentral bank and the kind of
engineered inflation that'sgoing to artificially inflate
this stuff.
Speaker 2 (06:37):
Well, no, he wasn't.
And Thomas Jefferson believedin tariffs.
I mean, about 78% of all therevenue that the government
collected for the first 120years of its existence was from
foreign imports.
We taxed you at the border andif you wanted to gain interest
to America's markets, you had topay for it, which that's a
taxation I agree with and Ithink it can be strategic.
(06:59):
It's called economicnationalism.
Pat Buchanan wrote about it alot.
I think we were better off whenwe had economic nationalism.
Now we tax from within and youcan't really own your home,
can't really own your property aproperty tax.
You have income tax, whichreally wasn't a part of our
history until 1913.
Yeah, you had the they're inthe Lincoln administration to
pay for the Civil War and therewas again, but that got struck
(07:21):
down.
It was deemed unconstitutionaland, of course, we had to have
the 16th Amendment and thatreally goes hand in hand with
the Federal Reserve, becausesomebody has to pay the interest
to the banksters.
So, no, I think this is you knowyou look at something like
Bitcoin, david, and I've been inthe Bitcoin business since 2016
.
I had Bitcoin ATMs for a longtime the reason that it's not
taxed.
(07:42):
You know you if you're.
There's no sales tax on Bitcoinis because it was recognized as
a currency and, more and morein the consciousness, gold and
silver.
Now gold and silver are moneyand there's a difference between
currency and money.
Sometimes they can be the samething, but I think more and more
people are recognizing gold andsilver.
Physical gold and silverbullion is money and is currency
(08:04):
and that's why it shouldn't betaxed.
Speaker 1 (08:05):
Yeah, I was talking to Aaron Day the other day and
he's, you know, completelyfocused on the CBDC stuff.
He'd been involved in politicsand said, no, this is the thing,
this is, this is the hill todie on.
He even ran briefly for apresent so he'd get in and talk
to some of these candidates andbut, you know, he's written a
book about it and he said, youknow, when they did this to
Bitcoin, when they moved it fromsomething that was designed to
(08:27):
be used, as you know, currencyto something that was a store of
wealth, it completely changedthe character of it.
And so he said you know it's,it's got an issue with in terms
of the, the speed at which youcan do transactions, the
capacity of that, that structureto handle a lot of transactions
, but that that is a key thing.
(08:49):
So you talked about it beingmoney as well as currency.
What is your distinctionbetween money and currency?
Speaker 2 (08:56):
Well, money has to inherently have a store of value
.
Currency can be like a fiatcurrency just by decree.
And, of course, currency like aelectric current if it stops it
dies, and so that's that's whyit has.
That's why there's somethingcalled money velocity in the
fiat currency world.
You have to have more and moreusage.
It's basically a giant Ponzischeme and people stop buying
(09:19):
into the system and that's why,if you look at, you know, the
80% of all the $100 bills everprinted are in the continental
United States.
It's, you know, the Petrodollar.
It's used in transactions allover the world.
When people stop using that andI've talked on your show
earlier this year, we spokeabout the economist Robert
Triffin you have Triffin'sdilemma.
(09:40):
Back in the 1960s he was askedbefore Congress and what happens
when you know if we, if we losethat status of the world's
reserve currency?
Because back then, as you know,a lot of countries were taking
notice that we took the silverout of our coinage.
You know we had guns and butterand LBJ was going to make the
great society on the Mekong andthere was something wrong with
(10:01):
the U?
S dollar.
And that's why, eventually, youknow 1971, richard Nixon has to
take us off of the goldstandards because we couldn't
honor the Bretton Woodsagreement.
So again, our dollar went frombeing money and currency to just
currency and free floating, andthe dollar is now the oldest
living fiat currency in theworld.
It's you know, the averagelifespan is about 26 years.
(10:22):
We've doubled that and we'llsee how it all ends up, but it's
not going to be one.
That's what I was.
I did a little video last weekon my channel and I just talked
to me and I held up a one ouncegold coin and I held up a U S
dollar and I said now, what'sthe difference between these and
one of them's currency and oneof them's money?
One is a store of value.
It's going to, it has a valueinherently in and of itself.
(10:45):
It could also be traded andused as currency.
And one other thing is just,it's given psychological value
and there's a demand for it.
So for you know, for a briefperiod in time it can give you
some wealth, but it's it's anillusion, and that's what I
think a lot of people are comingto understand, especially after
(11:06):
the last three or four years, Imean, with the loss of
purchasing power that I evenasked in that video is your.
Does your dollar buy the sameamount of groceries that it did
three years ago?
Two years ago, absolutely not.
Speaker 1 (11:17):
Yeah, when you talk about velocity and keeping this
currency flowing, that's one ofthe key things that they want to
be able to manipulate.
With CBDC, that is going to beeven more powerful for them
because they can impose negativeinterest rates and things like
you either spend it or you loseit.
And it's not just negativeinterest rates.
They can put a timer on it.
This is all.
Here's some money and it'sgoing to expire in such and such
(11:40):
a amount of time, and, ofcourse, it doesn't even have to
be the money that they give you.
It could be the money thatyou've earned and it's going to
expire in a certain amount oftime, so you better spend it.
That's an amazing tool forthese bankers to be able to prop
up velocity, and that is such atantalizing prospect for them.
They're going to pursue thiswith every ounce of their fiber.
(12:02):
Oh, absolutely.
That's the.
It's just the dream of thesepeople who control all of this
stuff.
And, of course, as you werepointing out, when they changed
the US from a system of taxationat the border and no taxation
internally, I think a large partof that was, as you pointed out
and we all know is, you know,they create the income taxes at
(12:23):
the same time they created theFederal Reserve.
They change and then they takedown tariffs.
They change it to internaltaxation.
I think that allowed them.
One aspect of it is it allowedthem to have a greater taxation
because they really theycouldn't ramp up the tariffs,
that they keep ramping up thetariffs.
(12:43):
People just stop buying stuffelsewhere and they start making
things internally and buyingstuff from each other within the
United States.
But you can't escape the taxeswhen they make them internal and
when they start to tax everysingle thing that you do,
everything that you own, and soit was just the difference
between night and day.
They had everything.
Now there was no limit to theamount of money that they could
(13:06):
make with taxes, because therewas no limit to anything that
they could tax.
Speaker 2 (13:09):
Well, right, and I think you know, I think history
shows that it was a way for theelite to make sure that no one
ever competes with them.
They created their foundationsprior to the 16th Amendment.
This was part of the elitekeeping their status forever and
making sure that you can neverclimb up the ladder.
It's, it's tariffs always getblamed too, for, oh, that's just
(13:30):
an arcane throwback.
It doesn't work, it'sisolationism, and I'm thinking
well, all four presidents onMount Rushmore agreed with
tariffs.
So how's it working out in themodern era where all these you
know, free traders and all thesefree trade agreements?
I'm all for free markets, but Ithink, when you're talking
about in the modern era and thisis something that almost never
gets talked about anymore but wethrow our workers into some
(13:51):
Darwinian contest, survival ofthe fittest, with countries with
no regulation, with slave labor, you know, and again, that
these multinationals, they justThomas Jefferson was right when
he said merchants have nocountry they just, they don't
fight for us, these bigcompanies that you know, they
don't fight for lower taxes orderegulation or any of that,
they just move wherever theywant and and ship the products
(14:13):
back in.
You know, and you, if you lookat the movies, like Ferris
Bueller's Day Off, when BenStein plays the teacher.
If you listen to the lecturehe's giving in the movie, he's
talking about how theSmoot-Holly bill back in the
early 1930s caused the GreatDepression, which Smoot-Holly
was a tariff to protect theAmerican workers in a time of
(14:34):
economic downturn.
And you know, years later BenBernanke would actually admit
that it was the Federal Reservethat caused the crash.
And we wouldn't do that again.
So you know, to channel PatBuchanan, a Smoot and Holly were
framed, a Smoot-Holly wasframed and the Federal Reserve
was actually the culprit in theGreat Depression.
And again, the tariffs have,have always been a part of the
(14:57):
American character.
But yeah, when they startedtaxing inward, that was the play
to give the elites free run ofthe game.
They don't pay income tax, theydon't.
You know what was the?
I think I was a couple of yearsago.
Ge paid zero.
It's giant general electricgiant multinational paid zero
income tax.
So I'm paying more tax than GE.
(15:17):
How does this work?
So it's not a, it's part of,and I think this is part of the.
You know the communistmanifesto as well.
He graduated income tax, all ofthat.
So we have to, we have to becareful not to get too
comfortable with all of thesethings that are really
anti-American in the first place.
Speaker 1 (15:35):
Maybe that's why the students didn't answer Ben Stein
, you know.
Anyone, anyone you know, outthere they're all saying is he
feeding us that Keynesian BSagain?
Speaker 2 (15:45):
Can't do it.
It's funny.
I, just years and years ago, Iwas just watching the movie and
I go.
Well, he's absolutely wrongabout that.
Of course, ben Stein was aspeechwriter for Nixon.
Speaker 1 (15:54):
Yeah, yeah.
They're just looking at this.
What is he getting at?
We don't believe any of thatstuff.
Now, when you were talkingabout these, these merchants who
have no country, of course thetechnocrats have no country
either I remember the discussionthat Musk had with Vivek
Ramaswamy, where they're talkingabout yeah, we just got to
bring the best people in here.
I don't really care about theseAmericans, let's just get some
cheap labor in here and thattype of thing.
(16:15):
And I looked at that.
You know these guys, they haveabsolutely no loyalty to this
country.
They want to just open up thegates and you know it's like an
exploitation from the top down.
You know, when you look at Muskand you look at what Ramaswamy
were advocating and their littlediscussion, I thought it was
absolutely reprehensible.
They didn't get much attention,but Jefferson would have known
(16:38):
where they were coming fromWhitney.
Speaker 2 (16:39):
Absolutely Well you go back to.
You know, was it three or fouryears ago?
Disney was in sourcing newemployees and, being the old
employees, train them beforethey let them go.
I mean, this is theircorporations in America today,
ladies.
Speaker 1 (16:55):
Yeah, we're going to bring in cheap foreign labor and
you can just walk away or youcan train your replacements and
we'll give you a little bit moretime and we'll give you a
little bit more of a severancepackage.
That was the deal that theyoffered them.
Yeah, it was reprehensible on alot of different levels.
You know, one of the things welook at, tony, that I look at
when I look at crypto one of thereasons why I and focused on
(17:18):
tangible things like gold andsilver is because of this item
here.
The Ripple Chairman, chrisLarson, has just been hacked
yesterday for reported 213million XRPs, which was a
hundred and twelve and a halfmillion dollars.
So you got the CEO of thiscompany that is offering Ripple.
(17:40):
They're offering Ripple is oneof the crypto currencies that
they're trying to push out thereas a currency, as a
transactional thing, as, ratherthan something that's more of a
store of wealth.
They're trying to push it outfor a transactional basis.
And so you got the guy who'sthe CEO there and he gets ripped
off for a hundred and twelveand a half million dollars the
(18:00):
biggest hack so far this year.
But that's the thing thatconcerns me, you know.
It's just.
These are people who know whatthey're doing and it's still
vulnerable, just like we see theNSA and see the CIA getting
their information hacked.
It doesn't seem to be.
It seems to me like anythingthat's in cyberspace is
(18:22):
vulnerable.
It's vulnerable to what thegovernment wants to do and it's
vulnerable to what privatecriminals want to do.
It seems like that's my concern.
Speaker 2 (18:30):
Well, in about 13 days I'll be speaking at
Anarcapoco in Anarcapoco, mexico, with all the libertarians and
anarchists and pro crypto I meana lot of crypto specialists
will be there.
I'm the only I'm sponsoring,I'm the only gold guy there and
I get 30 minutes.
So I'm both.
You know I mean my podcast,that I, when I talk about
(18:53):
financials, is the Weiss WolfGold and Crypto show, because I
think the crypto space is veryimportant to where we're headed
in the future.
And, yes, there's the threat ofCBDC, but I like a lot of the
innovations that have gone on incrypto, but it is a lot more
volatile.
I mean, let's just be honest,if you love crypto, you have to
admit you know a gold coin in myhand, as long as I can keep it
(19:14):
safe, has, no, is nocounterparty risk whatsoever.
Well, if I have, you know, andI keep my Bitcoin, most of that
on an Exodus wallet, you have towrite down your 12 phrases got
to keep that somewhere safe in afireproof box, because you can
reanimate the wallet.
And I've done that.
I've.
I've deleted my wallet off thephone and then reanimated it
(19:35):
with my 12 phrases just to testit.
So all that crypto stays onthere, but again, somebody has
to write that code, somebodyowns that.
It's not completely safebecause it is in cyberspace.
So I you know there's there'sso much volatility in crypto,
but there is, I think, a lot ofopportunity there and it's
really that's where the freemarket, whatever's left of the
free market, it's in hiding.
(19:55):
Yeah, it's not.
Like you know Gresham's law,when bad money enters the system
, good money goes into hiding.
I think crypto is is a is aninteresting space.
It has a lot of potential.
I'm I'm still optimistic abouta great deal of it.
But then you get the FTX's andthe Sam Bankman friids and the
world and then you just start,you know, shrugging your
shoulders like has this beenhijacked too?
(20:16):
These are great questions, butyou could some of the the coins,
like the privacy coins and Iknow you've talked with people
from pirate chain yeah, you knowthere's.
There's coins like Monero,there's privacy, there's some
good innovations and, and youknow you're mentioning Ripple,
which is XRP.
I own a little bit of that andthey want to make it a
transactional coin, like you,like you said, it's kind of
(20:38):
piggy banking off thetraditional banking system, you
know.
So I'm not I'm not heavy intoXRP, but I think that it's
interesting.
And then you, you hear thesestories like where the CEO okay,
well, don't inform it, thosearen't, those aren't good
headlines, especially for people.
Well, that in BlackRock and allthese other companies know that
, and they're like oh well, Isee that you are interested in
(21:01):
crypto, let us hold it for you,which is that would go back to
the ETF or the Bitcoin ETFs, andthat again, it's not.
You truly are holding crypto.
It's another way from them tomanipulate the markets, in my
opinion.
Speaker 1 (21:13):
Yeah, yeah.
And when I had Aaron Day on theother day, you know, he said
final countdown to CBDC, warningpeople about what it's like.
It begins with a fictionalaccount of life under CBDC and
how they can destroy every lastounce of freedom under that
system.
And then he talks about, as youwere mentioning you know,
having having your own walletsand and you know, making sure
(21:35):
that you're not on an exchangeor any of your stuff, and and he
gives, he gives seminars on howto do this type of stuff, and
subtitle to his book is you know, getting out of this with gold,
silver and crypto.
So he says I look at all ofthem because we don't really
know how they're going to moveand in which direction they're
(21:56):
going to move.
I just look at it and I waslike you know, I just don't have
the time to try to keep thisstuff secure.
If the ripple chairman is goingto have this stuff ripped off
his own currency, he's going tobreak off, you know, and and he
and here's the other thing.
It's like that I talked about.
This other individual, high networth individual had nearly a
(22:17):
million dollars stolen from himin Bitcoin out of his wallet,
and he found out about it.
When some guy noticed a whaletransaction a really big
transaction and he startedtracing it down, he was able to
determine that it was comingfrom this guy.
And the same thing with thisripple chairman.
You know he's not admitting howmuch money he got ripped off
(22:38):
for, but it's other people whosaw it.
Other people said, hey, that'shim and and this is the amount
that they got.
And it's like you know why?
Again, monera and Pirate Chain,they don't, they're not open
like that.
But almost all the rest ofthese cryptocurrencies are with
the blockchain.
It's.
You know.
People know how to find it.
(22:58):
They can find it, yeah it's anopen source ledger.
Speaker 2 (23:02):
That's why it's so laughable.
And you get people that I tendto think they do know what
they're talking about and theysay it's just all used for money
laundering and terrorism.
And they can not really.
You know that's.
This is not something thecartels aren't using.
You know a Bitcoin Exoduswallet to do transactions they
have.
They have pallets of cash again, but I'm not anti cash either.
(23:24):
That's another trap you canfall into.
Well, we got to get it all inthe ledger.
That's what CBDC is.
Cbdc is getting everything on aledger.
As you mentioned earlier, one ofthe powers that they want
absolutely is to do away withall cash, and that way, there's
no variables in the system andthey can expand to contract the
money supply at will.
That's what they want to beable to do.
(23:44):
Now.
That's.
That will be only the part ofthe problem.
The real problem is thecontrols, the social control.
Right, it's going to bedisguised as money, but it's all
about controls, the controlgrid.
That's why you know that phrasethe hill to die on.
It must be opposed, yes,everything, with every fiber of
our being.
It must be opposed politically.
We have to, we have to raiseawareness, and it could be that
(24:07):
they implemented it falls short,kind of like a Nigeria
situation.
I would love that they don't.
They don't seem to know whatthey're doing much anymore.
I know this, like they.
The Fed came out.
Now it's hawkish again and thenthey released another report
that possible, you know, ratecuts down to 4% in 24.
Nobody really knows.
They've given several differentsignals.
(24:30):
Even a couple of months agothey were.
They had, you know, we're goingto look like we've stabilized
everything, we've reached aterminal rate.
I know they use thatphraseology.
And then they said that theyhad another spokesperson come
out and say well, no, we'regoing to, we're going to stay
where we are.
We're not, we're not loweringrate.
It's all over the place.
It's coming, though Within thisquarter they will do something
(24:50):
to lower rates, in my opinion.
Speaker 1 (24:52):
Well, they thrive on on the uncertainty and the
volatility, because that createsfear, and fear is.
The way that they can controlpeople and control markets is
with fear, fear of missing out,fear of this, fear of that, and
so that is all.
You know rumors, and then youwindow and very rapid movements
up or down in order to createthis kind of volatility and fear
(25:12):
.
It's engineered for that.
Yeah, and you know, when I talkabout the crypto stuff, you
know, if somebody feelscomfortable, it's just.
I look at it and part of it Ithink Tony is the very name you
know.
Cryptocurrency, oh well, thisis a it's crypto.
If it's encrypted, that meansit must be private.
You know, and a lot of peoplethink that about the blockchain
(25:32):
stuff, that crypto means privateand it doesn't.
There's only a couple ofcurrencies that really keep that
privacy there of who owns it.
All the rest of stuff iscompletely naked and exposed to
governments and to the public.
Speaker 3 (25:46):
Oh it's open source.
Speaker 2 (25:47):
Yeah, I mean you can download a Bitcoin wallet, as
long as it's not tied to anexchange.
That's decently anonymous, butnot 100%.
I mean you can always find outwho that who that is, especially
when you start transacting withother wallets and if they're
commercial, especially becausethose commercial wallets are
usually hooked up to an exchange.
So it's not something you canbe totally anonymous with, but
(26:09):
it is still the people'scurrency, still the people's
money.
In my opinion, bitcoin becauseif you, you know,
internationally, if I want tosend a transaction, I certainly
can't, you know and I don't andall your eggs in one basket in
the coming years is a bad ideain any respect.
I like things outside of thesystem, because the system
itself is going to draw you inwith this, create the crisis,
(26:32):
you know.
Then the solution will be youdownloading your wallet
biometrically and getting hookedup to central bank digital
currency to save the currency,and then we're all in this
together.
I've heard these phrases before,you know, but that's the way
they're going to roll it out andyou just got to be outside of
the system.
So If you can do that bygetting physical gold and silver
(26:53):
, that's a great start.
If you, if you've had the brainpower and the time to look at
crypto.
Absolutely look into it.
I'm no expert, by the way.
I do this all day long and Istill and there's things I don't
know about crypto.
I need to have more guests onmy show Tell me what's happening
?
Speaker 1 (27:07):
Neither is the CEO Ripple an expert on its own.
Speaker 2 (27:14):
I don't feel so bad about not knowing.
Luckily, I haven't had anymajor or any theft at all of my
crypto over the years.
It's mainly because I use it asservice.
You know when I would?
I just filled up the machines,we'd sell it out the next day
and I'd keep wiring it, so therewasn't a lot of inventory just
(27:34):
held over in my wallets.
So that might be one of thereasons.
But you know you can keep itdecently safe.
But yeah, you're always atarget to those.
Whales are always a target andthey should know better.
Yeah that's true.
Speaker 1 (27:46):
Yeah Well, we talked about diversification, gold,
silver, crypto.
Let's talk a little bit aboutsilver, since we haven't talked
about that.
There's a Kitco article sayingsilver market to see record
physical demand in 2024, asindustrial demand remains strong
and of course you know that'sgoing to happen, right.
Yeah, you just pulled it up.
We know we've talked about thatbefore.
You've talked about howundervalued silver is compared
(28:09):
to historically, compared togold and things like that.
But you know, even though we'vegot all of this green agenda
and people are pushing back hardagainst it, Biden is still
going to be subsidizing that andit's such a big part of the
green agenda it's almost likeit's you can almost look at it
as kind of a hedge against thegreen agenda, Couldn't you the
(28:29):
silver?
Speaker 2 (28:30):
Well, and that's part of it.
Yesterday I did an interviewwith Peter Kraut who wrote the
book the Great Silver Bull, andhe's out of Canada.
It's a great book If you wantto get some history of why
silver is priced the way that itis.
It's a really fascinatinghistory why silver is so cheap.
Well, he started explaining tome and you know, if you look at
(28:53):
the silver mining that goes ontoday, only about 25% of the
silver that hits the marketcomes from silver mines.
You can hardly find any goodsilver mining stocks.
There's just not a whole lot ofentities doing that because the
price point isn't there.
It's not worth getting thecontracts and digging through
the ground and getting the oreout, and so you have a lot of
(29:15):
problems with finding new supply.
And he was telling me you knowbasically all the recycling and
all the mining and most of thesilver comes from gold mining,
copper mining.
It's just an added benefit.
They get some silver out ofthat too.
So about a billion ounces ayear are produced.
And he said well, what's beenhappening year over year?
(29:37):
It's the demand is going to,you know, 1.2, 1.3.
So you're talking abouthundreds of millions of ounces
that are missing and a lot ofthat ends up in landfills
that'll never be recovered.
Gold has been recovered over theyears.
You know people come to placeslike Wise Wolf and sell their
bracelets or their stuff they'vemined out of computers and any
(30:00):
kind of scrap and that getsmelted.
It gets recycled back into thegold ecosystem.
Silver is so cheap it hasn'tbeen and so this is catching up
with it.
We're talking about hundreds ofmillions of ounces and deficits
, so this is coming to a head.
These days of silver and the $20range, I think that's
(30:20):
ridiculous.
I've been saying it for yearsbecause I can tell just the
variety of having to sourceproduct for people that we're
nowhere near where we were in2018, 2019.
I mean, I could get anythingthen.
I'm still limited, even withstuff hitting the market, and
when prices drop to a certainpoint, there's nothing to be had
(30:42):
.
So I think that we're going tosee and Peter Kraut agreed with
me.
I think we're going to see thisresetting of prices and
commodities very soon.
And this is an investment Ialways have to clarify.
I'm not talking aboutinvestment in silver is going to
the moon, but there issomething seriously wrong with
the pricing model.
I mean $52.50 an ounce in 1980.
(31:05):
That's what I keep saying.
I'm like this cannot we're inlook at the debasement and the
destruction of the dollar sincethat time?
It's 44 years ago.
I know because I was just born.
So there's a problem with thedollar and the silver gold ratio
.
There's a problem with all ofthat.
I think the deficits are goingto kick in sooner or later in
(31:28):
the physical demand.
But even the warfare state.
David, it's 40 pounds of silverin a Tomahawk missile.
Speaker 1 (31:38):
And you're not going to recover that either.
Speaker 2 (31:40):
No, we keep blowing it up.
We blow it up or we send itinto landfills because it's so
cheap.
I just think there's a day ofreckoning coming.
I think silver not only is amonetary metal like gold and has
been money longer than gold andtraded longer than gold, but it
is also an industrial metal.
It's used in medicine.
It's one of the.
(32:01):
When you have antimicrobial,antibacterial developments in
medicine, it's usually comingfrom silver.
So it's very important to whyso silver has so many properties
and it's so cheap right now.
There's so much emphasis put onthat.
It never moves.
People say, oh, I just buysilver, it never goes anywhere.
(32:22):
I know, but one of these days Ithink that clock runs out and
looks like it's going to comefrom the actual bullion supply.
It's just not there and thathas to be a reckoning.
Speaker 1 (32:37):
Well, as you pointed out, getting about a billion
ounces a year, but they'relooking at a 4% increase.
This is coming from the SilverInstitute.
So of course they're going tobe focused on silver and pushing
silver.
But they said 690 millionounces of demand for things like
solar energy and electricvehicles.
So just in that area alone,looking at it, to go up to
(33:02):
almost 700 million ounces as anyou know, as a total amount that
they're looking at.
And then we have, on the otherside of it, we have the
concerted efforts of Russia andothers to de-dollarize, to take
the dollar away as being thereserve currency, because that
is so fundamental to our powerbase there, and so that is
(33:26):
essentially.
They realize how weaponizedit's become and they want to
take that weapon away.
And so Russia is saying that'sone of their top priorities is
de-dollarization and promotinginternal trade between the BRICS
, company countries and othercountries like that, and not
using the dollars in anintermediate exchange, and
that's going to be somethingthat will.
(33:47):
When that happens, that isgoing to have tremendous
consequences for those of us wholive in America, isn't it?
Speaker 2 (33:55):
Absolutely, and we've never seen this before.
Yeah, because we've never lost,never gained and lost the
world's reserve currency statusin our history.
This is something that began in1944 at Bretton Woods and was
remained, for the most part,stable.
But you can see that thepercentages, david, the decline
in usage of the dollar since2001,.
(34:17):
75% down to 45% of globaltransactions used in dollars and
this is only increasing isbecause of the sanctions.
We have 40 different sanctionsin 36 different countries.
Now I've been quoting that forprobably six, seven months now.
It's probably more sanctions.
That's our favorite thing.
We like to weaponize the dollarand use sanctions.
(34:38):
But I think, again, you'rewatching more and more of these
countries move away.
They're getting out of theirdollar holdings, they're getting
into gold.
The World Gold Council has justpointed out you know again,
year over year, central banksbreaking records buying gold.
There's only one central bank,major central bank, not buying
gold.
That's the United States.
That's a federal reserve notbuying gold.
(34:59):
Yeah, that's right.
Speaker 1 (35:01):
Well, you know, I thought it was interesting when
I saw this article.
They referred to the Russianreporting, referred to the
Russian Serpa for bricks.
They don't call them a czar forsome reason we like to call our
drugs are William Bennett andeverybody else.
You know, whenever they putsomebody in charge of something
(35:21):
in the US, we like to call thema czar.
They don't like czars in Russia, so they call them a Sherpa.
His name is Sergey Rybakov andhe says the top priority for
bricks in 2024 isde-dollarization for them and
for everybody else that they canget in there.
Wes Robertson on Rockfin says ifthe Federal Reserve is not
(35:41):
abolished, it won't matter whatwe end up using as currency.
The country will never be free.
Well, I agree, but of course,you know, cbdc is a way to
accelerate this trend and totake it to a new level that we
have never, ever seen before,and that's across the board.
When we look at what ishappening with so much of the
technology you know robotics andartificial intelligence and
(36:04):
nanotech and all the rest ofthis stuff and genetics all of
these things are rapidlychanging and we're at the point
right now where they want toredesign the financial system,
as you pointed out and we talkedabout earlier.
It's gone on for a very longtime and it's one of these
institutions that people aregoing to change.
As long as the Federal Reserveis there, it still is going to
be a threat, no matter how theyredesign the system.
(36:26):
But this CBDC is the worstthing, the worst possible
scenario that we could have fora currency.
So that's that's my interest init Anything that I can use to
as a hedge to not have to be100% into that system, that's
what I want to focus on.
Tell us a little bit aboutwhat's going on at Wise Wolf
Wise Wolf Gold.
Of course you can get to thatby David Knight Gold.
(36:48):
What's happening at Wise Wolf,tony?
Speaker 2 (36:51):
Well, we just got lots of packages going out.
Wolfpack's growing.
We'd love more people.
The more people to join, thebetter prices I can get for
everyone.
I just got a big shipment ofgoldbacks in and we even have
goldback wallets.
I'd like to thank, for Love ofthe Road.
The David Knight listener whoshares a lot of your content,
(37:12):
asked us about it and so weordered the goldback wallets.
So you can.
You can get a special walletfor your goldback, and I decided
last month.
I said I'm going to putgoldbacks in every order.
Now how?
Speaker 1 (37:23):
does a goldback wallet differ from a regular
wallet?
Speaker 2 (37:26):
It's just a little bit, it's just longer.
You don't want to fold yourgoldbacks, okay, all right, you
want to keep those withoutfolding and crinkling in the
middle.
So it's just a longer.
It's a leather wallet and weordered it from the, from the
goldback company.
There was a tip One of the.
Again, one of the listeners forLove of the Road said you need
to check this out.
So we did and we ordered some.
I just decided we're puttinggoldbacks in every tier and I
(37:50):
bought the, the one dollardenominations and from different
states and we have NewHampshire, wyoming, utah, some
others, nevada, I believe and wejust get it.
We're going to get shipments ofthat every month and we're
putting them in all of the, allof the wolf packs.
It gives you a little bit ofdiversity.
You know it's not the best wayto get gold, but in that
(38:10):
fractionalized sense it can bevery smart, because you're
talking about 24 karat gold in anote.
Yeah, it's, you know, spreadvery thin.
It's like one, one thousandthof an ounce or something like
that.
So it's something you go checkout, david Knightgold, and
there's a tab on there.
It's a joint wolf pack.
We've been adding a lot of newproducts.
I've.
I've got so much pre 1965silver.
(38:33):
It's crazy.
I've been buying it both at theDenison location in Texas and
here in Branson and we just keepstacking 90%.
We're not going to run out of90% anytime soon.
I've got dimes, quarters, halfdollars and we've even got a lot
of the silver dollars the realones, not the eyes and hour
dollars from the seventies I'mtalking about real peace dollars
and Morgan silver dollars aregoing to be going into Wolf pack
(38:54):
as well.
So a lot, a lot of great stuff.
There that's I.
We're again pride, we prideourselves.
We did something different thana lot of the other gold and
silver dealers, the big onesespecially.
They're going after the whalesand going after people that you
know.
$10,000 or more.
I wanted to every day.
Now we can handle thosetransactions and we welcome them
, but I'm handling just averagepeople that are just.
(39:16):
You want to save up something,to be outside of the system and,
especially in the face ofcentral bank, digital currency
and Wolf packs, a great way todo that.
It's.
It's not a contract and you'regoing to get metals every single
month.
I'm trying to make the orders alot more efficient.
Like you bill and you'rebilling date, I'm like two or
three days later I want yourpackage with a tracking number.
So we're working on that.
(39:37):
It's been.
Speaker 1 (39:38):
I love the gold back things and when Aaron day was on
the other day, he was talkingabout, you know, using cash,
talking about using gold backsas well.
He says a lot of times I'llleave it as a tip, along with a
note explaining it and what itis to try to get people
accustomed to using that.
And that's the key thing.
You know, we have to try to putthese things in circulation and
(39:59):
we just, like we've got to tryto make sure we keep using cash,
consciously use cash.
Even though it may not be quiteas convenient as just swiping
plastic or something like that,it is.
It's important to use thosefreedoms or we're going to lose
them, and already you're seeingthis happening.
It's happened in many countrieswhere they shut down the ATMs
and things like that.
So you know, having a gold backand something like that that
(40:19):
you can use if we can make thatmore popular, that that is a
great alternative.
I really like those things.
That's great.
Speaker 2 (40:26):
Well, thank, you, I'm a big fan of it.
Speaker 1 (40:27):
Yeah, thank you so much for joining us, tony.
And again, david Knight died.
Gold will take you to wise Wolf, where Tony is.
I've known him for a very longtime and he's he can help you
with anything, large or small.
So thank you again, tony,appreciate it.
Thank you, nick.
Speaker 3 (40:52):
The David Knight show is a critical thinking super
spreader.
If you've been exposed to logicby listening to the David
Knight show, please do your partand try not to spread it.
Financial support or simplytelling others about the show
(41:16):
causes this dangerousinformation to spread.
Father, People have to trust me.
I mean trust the science.
Where you mask, take yourvaccine.
Don't ask questions.
Speaker 1 (41:37):
Using free speech to free minds.
It's the David Knight show.
Joining us now is Tony Arderman.
Tony has WiseWolf Gold to helpyou get gold, and silver and any
small or large amount on amonthly basis as well, and he
supports this program withDavidKnight Gold, which takes
you to Tony's site but also letshim know that you're coming
(00:25):
through us.
So joining us now is TonyArderman.
Thank you for joining us, tony.
Good to see you.
It's good to see you, david.
Speaker 2 (00:31):
Hey, if Diogenes was around today, he'd be a David
Nightluster, I'm pretty sure.
Yeah, it's funny about Diogenes.
I heard a story a long time agofrom a friend of mine.
He was my first squad leader inthe Army and he became a
history professor and he told mea story about Diogenes.
You know he's always on thelookout for an honest man, but
he wouldn't look in a mirroreither.
(00:52):
If you hold up a mirror, heturned away because he was
looking for an honest man.
So I always thought that wasfun.
A little bit of a little bit ofextroesophical history there.
Speaker 1 (01:00):
That's good.
We all need to be aware of ourfaults, don't we?
And that man in America can bevery, very accusing, can he, if
we really are honest about it.
You know, maybe Russell Brandwill get there, maybe he's
starting to get to that point.
But I'm not so sure aboutTucker.
He's got even more concernedabout it.
I'm not sure that he's lookingfor any honest people.
He's looking for famous peopleand sometimes it's good to be
(01:22):
infamous if you want to build anaudience.
But let's talk about what'sgoing on with Gold.
I mentioned earlier thatthere's even more states that
are talking about getting rid ofsales taxes as well as income
taxes on precious metals.
They mentioned the four states.
They mentioned Kentucky andWisconsin getting rid of state
sales tax if you buy gold andsilver.
(01:43):
Georgia and Kansas would takeit off of income tax if you're
buying gold or silver or gettingrid of it, that type of thing.
Of course other states likeTennessee.
We don't have an income tax, soTennessee has already taken it
off of sales tax.
How many different states arethere that don't tax gold and
(02:03):
silver precious metals?
Speaker 2 (02:06):
I think we're coming up on a majority of the states
now that don't have a sales taxon gold and silver, and there
should be more and more gettingadded every year.
One of the reasons that I haveland in Northwest Arkansas, but
one of the reasons I don't havemy shop in Northwest Arkansas
and I went across the borderinto Branson, missouri, is
because Missouri didn't have asales tax on gold and silver
(02:28):
bullion and you can't be a goldand silver dealer and nobody's
going to pay it.
Just from a business standpoint, the states would be wise to
lift those restrictions becauseno one's going to have that
commerce going on in your stateanyway.
So again, this is how you knowit's grassroots and from the
people, because it has to dowith lifting restrictions and
(02:48):
getting rid of taxes.
That's how you know it's, notcoming from the top down.
I think this is part of thedemand from the bottom up.
David, we're seeing that againpeople going into Walmart, going
to Costco.
They're selling out of goldbars.
People understand instinctivelythere's something wrong with
their currency and this iswhat's happening.
(03:08):
Is this causing an effect allacross the country of lifting
these restrictions?
Speaker 1 (03:13):
Yeah, and what they're talking about is
essentially all precious metalsgold, silver, platinum and
palladium bullion beginning inAugust, if these things pass.
Even in Wisconsin they'retalking about removing it from
copper bullion.
So again, this is.
(03:34):
But when you look at gold andsilver, this is not only just
helping people to get somethingthat's going to be a
preservation of wealth, but it'salso, I think, a necessary
component for it to be used intrade as a currency.
And I think that's anotherthing that's driving that the
fear and the understanding of alot of state legislators about
how shaky the dollar is, and youknow we don't want to have.
(03:56):
If we have taxes on theexchange of gold and silver,
then you can't use it as acurrency.
Speaker 2 (04:01):
Well, I think this is the future too.
Because of the loss of thepurchasing power of the dollar
and the loss of the dollars, theworld's reserve currency, I
think, is going to create amultifaceted currency selection.
It's not going to just besomething like the BRICS the
Brazil, russia, india, china,south Africa it's not going to
be something like the BRICScreate the new world reserve
(04:24):
currency.
In my opinion, there's going tobe a handful, maybe more, maybe
a dozen different currenciesused around the world and the
dollar will just get supplantedthat way.
I think this is again.
You're watching gold and silverbecome legal tender in more and
more states.
You know, internationally thisis going on as well.
So I think we'll see.
(04:44):
I think we're seeing.
This is a very positive trend,david, because the dollar is
losing that status.
People are waking up to that.
It's slowly but surely, andwe're going to see more and more
of this on the horizon.
Speaker 1 (04:55):
Yeah, I agree, the Kansas bill has two bills.
They explicitly reaffirm thatgold and silver are legal tender
.
So that is a big part, as youpointed out.
And as far as the taxation goes, peter Schiff says well, you
know, the stuff has already beentaxed.
When you look at inflation,that's a tax.
No, you know, double tax it,exactly, exactly, and of course
(05:18):
that's the argument that peoplemake.
You know, with the estate taxand things like that, you know
when you have, when somebodydies and the family is taxed on
the value of the estate, it'sespecially true of homes.
Now, of course, land is goingto go up in value.
But you look at homes afterthey're paid off, after 30 years
or whatever, and it'ssupposedly worth 10 times or
(05:40):
more of what it was when theybought it 30 years earlier.
And it's now 30 years old andnot brand new.
So that's built into it.
When you look at the valuationof, you know, family business or
a farm or something like that,that dollar figure that's there.
They don't adjust that for theinflation.
They say well, you know that's,it's like this all happened in
(06:01):
one year.
You know it went from X to 100times X or something like that,
and so you know a lot of that,or all of it in many cases is
going to be just higher valuebased on inflation.
So that is a really unjust formof taxation and it is not about
you know.
Jefferson was supportive ofthings that would stop well from
(06:23):
being passed on from generationto generation because he wanted
people to earn it themselves.
But he wasn't looking at acentral bank and the kind of
engineered inflation that'sgoing to artificially inflate
this stuff.
Speaker 2 (06:37):
Well, no, he wasn't.
And Thomas Jefferson believedin tariffs.
I mean, about 78% of all therevenue that the government
collected for the first 120years of its existence was from
foreign imports.
We taxed you at the border andif you wanted to gain interest
to America's markets, you had topay for it, which that's a
taxation I agree with and Ithink it can be strategic.
(06:59):
It's called economicnationalism.
Pat Buchanan wrote about it alot.
I think we were better off whenwe had economic nationalism.
Now we tax from within and youcan't really own your home,
can't really own your property aproperty tax.
You have income tax, whichreally wasn't a part of our
history until 1913.
Yeah, you had the they're inthe Lincoln administration to
pay for the Civil War and therewas again, but that got struck
(07:21):
down.
It was deemed unconstitutionaland, of course, we had to have
the 16th Amendment and thatreally goes hand in hand with
the Federal Reserve, becausesomebody has to pay the interest
to the banksters.
So, no, I think this is you knowyou look at something like
Bitcoin, david, and I've been inthe Bitcoin business since 2016
.
I had Bitcoin ATMs for a longtime the reason that it's not
taxed.
(07:42):
You know you if you're.
There's no sales tax on Bitcoinis because it was recognized as
a currency and, more and morein the consciousness, gold and
silver.
Now gold and silver are moneyand there's a difference between
currency and money.
Sometimes they can be the samething, but I think more and more
people are recognizing gold andsilver.
Physical gold and silverbullion is money and is currency
(08:04):
and that's why it shouldn't betaxed.
Speaker 1 (08:05):
Yeah, I was talking to Aaron Day the other day and
he's, you know, completelyfocused on the CBDC stuff.
He'd been involved in politicsand said, no, this is the thing,
this is, this is the hill todie on.
He even ran briefly for apresent so he'd get in and talk
to some of these candidates andbut, you know, he's written a
book about it and he said, youknow, when they did this to
Bitcoin, when they moved it fromsomething that was designed to
(08:27):
be used, as you know, currencyto something that was a store of
wealth, it completely changedthe character of it.
And so he said you know it's,it's got an issue with in terms
of the, the speed at which youcan do transactions, the
capacity of that, that structureto handle a lot of transactions
, but that that is a key thing.
(08:49):
So you talked about it beingmoney as well as currency.
What is your distinctionbetween money and currency?
Speaker 2 (08:56):
Well, money has to inherently have a store of value
.
Currency can be like a fiatcurrency just by decree.
And, of course, currency like aelectric current if it stops it
dies, and so that's that's whyit has.
That's why there's somethingcalled money velocity in the
fiat currency world.
You have to have more and moreusage.
It's basically a giant Ponzischeme and people stop buying
(09:19):
into the system and that's why,if you look at, you know, the
80% of all the $100 bills everprinted are in the continental
United States.
It's, you know, the Petrodollar.
It's used in transactions allover the world.
When people stop using that andI've talked on your show
earlier this year, we spokeabout the economist Robert
Triffin you have Triffin'sdilemma.
(09:40):
Back in the 1960s he was askedbefore Congress and what happens
when you know if we, if we losethat status of the world's
reserve currency?
Because back then, as you know,a lot of countries were taking
notice that we took the silverout of our coinage.
You know we had guns and butterand LBJ was going to make the
great society on the Mekong andthere was something wrong with
(10:01):
the U?
S dollar.
And that's why, eventually, youknow 1971, richard Nixon has to
take us off of the goldstandards because we couldn't
honor the Bretton Woodsagreement.
So again, our dollar went frombeing money and currency to just
currency and free floating, andthe dollar is now the oldest
living fiat currency in theworld.
It's you know, the averagelifespan is about 26 years.
(10:22):
We've doubled that and we'llsee how it all ends up, but it's
not going to be one.
That's what I was.
I did a little video last weekon my channel and I just talked
to me and I held up a one ouncegold coin and I held up a U S
dollar and I said now, what'sthe difference between these and
one of them's currency and oneof them's money?
One is a store of value.
It's going to, it has a valueinherently in and of itself.
(10:45):
It could also be traded andused as currency.
And one other thing is just,it's given psychological value
and there's a demand for it.
So for you know, for a briefperiod in time it can give you
some wealth, but it's it's anillusion, and that's what I
think a lot of people are comingto understand, especially after
(11:06):
the last three or four years, Imean, with the loss of
purchasing power that I evenasked in that video is your.
Does your dollar buy the sameamount of groceries that it did
three years ago?
Two years ago, absolutely not.
Speaker 1 (11:17):
Yeah, when you talk about velocity and keeping this
currency flowing, that's one ofthe key things that they want to
be able to manipulate.
With CBDC, that is going to beeven more powerful for them
because they can impose negativeinterest rates and things like
you either spend it or you loseit.
And it's not just negativeinterest rates.
They can put a timer on it.
This is all.
Here's some money and it'sgoing to expire in such and such
(11:40):
a amount of time, and, ofcourse, it doesn't even have to
be the money that they give you.
It could be the money thatyou've earned and it's going to
expire in a certain amount oftime, so you better spend it.
That's an amazing tool forthese bankers to be able to prop
up velocity, and that is such atantalizing prospect for them.
They're going to pursue thiswith every ounce of their fiber.
(12:02):
Oh, absolutely.
That's the.
It's just the dream of thesepeople who control all of this
stuff.
And, of course, as you werepointing out, when they changed
the US from a system of taxationat the border and no taxation
internally, I think a large partof that was, as you pointed out
and we all know is, you know,they create the income taxes at
(12:23):
the same time they created theFederal Reserve.
They change and then they takedown tariffs.
They change it to internaltaxation.
I think that allowed them.
One aspect of it is it allowedthem to have a greater taxation
because they really theycouldn't ramp up the tariffs,
that they keep ramping up thetariffs.
(12:43):
People just stop buying stuffelsewhere and they start making
things internally and buyingstuff from each other within the
United States.
But you can't escape the taxeswhen they make them internal and
when they start to tax everysingle thing that you do,
everything that you own, and soit was just the difference
between night and day.
They had everything.
Now there was no limit to theamount of money that they could
(13:06):
make with taxes, because therewas no limit to anything that
they could tax.
Speaker 2 (13:09):
Well, right, and I think you know, I think history
shows that it was a way for theelite to make sure that no one
ever competes with them.
They created their foundationsprior to the 16th Amendment.
This was part of the elitekeeping their status forever and
making sure that you can neverclimb up the ladder.
It's, it's tariffs always getblamed too, for, oh, that's just
(13:30):
an arcane throwback.
It doesn't work, it'sisolationism, and I'm thinking
well, all four presidents onMount Rushmore agreed with
tariffs.
So how's it working out in themodern era where all these you
know, free traders and all thesefree trade agreements?
I'm all for free markets, but Ithink, when you're talking
about in the modern era and thisis something that almost never
gets talked about anymore but wethrow our workers into some
(13:51):
Darwinian contest, survival ofthe fittest, with countries with
no regulation, with slave labor, you know, and again, that
these multinationals, they justThomas Jefferson was right when
he said merchants have nocountry they just, they don't
fight for us, these bigcompanies that you know, they
don't fight for lower taxes orderegulation or any of that,
they just move wherever theywant and and ship the products
(14:13):
back in.
You know, and you, if you lookat the movies, like Ferris
Bueller's Day Off, when BenStein plays the teacher.
If you listen to the lecturehe's giving in the movie, he's
talking about how theSmoot-Holly bill back in the
early 1930s caused the GreatDepression, which Smoot-Holly
was a tariff to protect theAmerican workers in a time of
(14:34):
economic downturn.
And you know, years later BenBernanke would actually admit
that it was the Federal Reservethat caused the crash.
And we wouldn't do that again.
So you know, to channel PatBuchanan, a Smoot and Holly were
framed, a Smoot-Holly wasframed and the Federal Reserve
was actually the culprit in theGreat Depression.
And again, the tariffs have,have always been a part of the
(14:57):
American character.
But yeah, when they startedtaxing inward, that was the play
to give the elites free run ofthe game.
They don't pay income tax, theydon't.
You know what was the?
I think I was a couple of yearsago.
Ge paid zero.
It's giant general electricgiant multinational paid zero
income tax.
So I'm paying more tax than GE.
(15:17):
How does this work?
So it's not a, it's part of,and I think this is part of the.
You know the communistmanifesto as well.
He graduated income tax, all ofthat.
So we have to, we have to becareful not to get too
comfortable with all of thesethings that are really
anti-American in the first place.
Speaker 1 (15:35):
Maybe that's why the students didn't answer Ben Stein
, you know.
Anyone, anyone you know, outthere they're all saying is he
feeding us that Keynesian BSagain?
Speaker 2 (15:45):
Can't do it.
It's funny.
I, just years and years ago, Iwas just watching the movie and
I go.
Well, he's absolutely wrongabout that.
Of course, ben Stein was aspeechwriter for Nixon.
Speaker 1 (15:54):
Yeah, yeah.
They're just looking at this.
What is he getting at?
We don't believe any of thatstuff.
Now, when you were talkingabout these, these merchants who
have no country, of course thetechnocrats have no country
either I remember the discussionthat Musk had with Vivek
Ramaswamy, where they're talkingabout yeah, we just got to
bring the best people in here.
I don't really care about theseAmericans, let's just get some
cheap labor in here and thattype of thing.
(16:15):
And I looked at that.
You know these guys, they haveabsolutely no loyalty to this
country.
They want to just open up thegates and you know it's like an
exploitation from the top down.
You know, when you look at Muskand you look at what Ramaswamy
were advocating and their littlediscussion, I thought it was
absolutely reprehensible.
They didn't get much attention,but Jefferson would have known
(16:38):
where they were coming fromWhitney.
Speaker 2 (16:39):
Absolutely Well you go back to.
You know, was it three or fouryears ago?
Disney was in sourcing newemployees and, being the old
employees, train them beforethey let them go.
I mean, this is theircorporations in America today,
ladies.
Speaker 1 (16:55):
Yeah, we're going to bring in cheap foreign labor and
you can just walk away or youcan train your replacements and
we'll give you a little bit moretime and we'll give you a
little bit more of a severancepackage.
That was the deal that theyoffered them.
Yeah, it was reprehensible on alot of different levels.
You know, one of the things welook at, tony, that I look at
when I look at crypto one of thereasons why I and focused on
(17:18):
tangible things like gold andsilver is because of this item
here.
The Ripple Chairman, chrisLarson, has just been hacked
yesterday for reported 213million XRPs, which was a
hundred and twelve and a halfmillion dollars.
So you got the CEO of thiscompany that is offering Ripple.
(17:40):
They're offering Ripple is oneof the crypto currencies that
they're trying to push out thereas a currency, as a
transactional thing, as, ratherthan something that's more of a
store of wealth.
They're trying to push it outfor a transactional basis.
And so you got the guy who'sthe CEO there and he gets ripped
off for a hundred and twelveand a half million dollars the
(18:00):
biggest hack so far this year.
But that's the thing thatconcerns me, you know.
It's just.
These are people who know whatthey're doing and it's still
vulnerable, just like we see theNSA and see the CIA getting
their information hacked.
It doesn't seem to be.
It seems to me like anythingthat's in cyberspace is
(18:22):
vulnerable.
It's vulnerable to what thegovernment wants to do and it's
vulnerable to what privatecriminals want to do.
It seems like that's my concern.
Speaker 2 (18:30):
Well, in about 13 days I'll be speaking at
Anarcapoco in Anarcapoco, mexico, with all the libertarians and
anarchists and pro crypto I meana lot of crypto specialists
will be there.
I'm the only I'm sponsoring,I'm the only gold guy there and
I get 30 minutes.
So I'm both.
You know I mean my podcast,that I, when I talk about
(18:53):
financials, is the Weiss WolfGold and Crypto show, because I
think the crypto space is veryimportant to where we're headed
in the future.
And, yes, there's the threat ofCBDC, but I like a lot of the
innovations that have gone on incrypto, but it is a lot more
volatile.
I mean, let's just be honest,if you love crypto, you have to
admit you know a gold coin in myhand, as long as I can keep it
(19:14):
safe, has, no, is nocounterparty risk whatsoever.
Well, if I have, you know, andI keep my Bitcoin, most of that
on an Exodus wallet, you have towrite down your 12 phrases got
to keep that somewhere safe in afireproof box, because you can
reanimate the wallet.
And I've done that.
I've.
I've deleted my wallet off thephone and then reanimated it
(19:35):
with my 12 phrases just to testit.
So all that crypto stays onthere, but again, somebody has
to write that code, somebodyowns that.
It's not completely safebecause it is in cyberspace.
So I you know there's there'sso much volatility in crypto,
but there is, I think, a lot ofopportunity there and it's
really that's where the freemarket, whatever's left of the
free market, it's in hiding.
(19:55):
Yeah, it's not.
Like you know Gresham's law,when bad money enters the system
, good money goes into hiding.
I think crypto is is a is aninteresting space.
It has a lot of potential.
I'm I'm still optimistic abouta great deal of it.
But then you get the FTX's andthe Sam Bankman friids and the
world and then you just start,you know, shrugging your
shoulders like has this beenhijacked too?
(20:16):
These are great questions, butyou could some of the the coins,
like the privacy coins and Iknow you've talked with people
from pirate chain yeah, you knowthere's.
There's coins like Monero,there's privacy, there's some
good innovations and, and youknow you're mentioning Ripple,
which is XRP.
I own a little bit of that andthey want to make it a
transactional coin, like you,like you said, it's kind of
(20:38):
piggy banking off thetraditional banking system, you
know.
So I'm not I'm not heavy intoXRP, but I think that it's
interesting.
And then you, you hear thesestories like where the CEO okay,
well, don't inform it, thosearen't, those aren't good
headlines, especially for people.
Well, that in BlackRock and allthese other companies know that
, and they're like oh well, Isee that you are interested in
(21:01):
crypto, let us hold it for you,which is that would go back to
the ETF or the Bitcoin ETFs, andthat again, it's not.
You truly are holding crypto.
It's another way from them tomanipulate the markets, in my
opinion.
Speaker 1 (21:13):
Yeah, yeah.
And when I had Aaron Day on theother day, you know, he said
final countdown to CBDC, warningpeople about what it's like.
It begins with a fictionalaccount of life under CBDC and
how they can destroy every lastounce of freedom under that
system.
And then he talks about, as youwere mentioning you know,
having having your own walletsand and you know, making sure
(21:35):
that you're not on an exchangeor any of your stuff, and and he
gives, he gives seminars on howto do this type of stuff, and
subtitle to his book is you know, getting out of this with gold,
silver and crypto.
So he says I look at all ofthem because we don't really
know how they're going to moveand in which direction they're
(21:56):
going to move.
I just look at it and I waslike you know, I just don't have
the time to try to keep thisstuff secure.
If the ripple chairman is goingto have this stuff ripped off
his own currency, he's going tobreak off, you know, and and he
and here's the other thing.
It's like that I talked about.
This other individual, high networth individual had nearly a
(22:17):
million dollars stolen from himin Bitcoin out of his wallet,
and he found out about it.
When some guy noticed a whaletransaction a really big
transaction and he startedtracing it down, he was able to
determine that it was comingfrom this guy.
And the same thing with thisripple chairman.
You know he's not admitting howmuch money he got ripped off
(22:38):
for, but it's other people whosaw it.
Other people said, hey, that'shim and and this is the amount
that they got.
And it's like you know why?
Again, monera and Pirate Chain,they don't, they're not open
like that.
But almost all the rest ofthese cryptocurrencies are with
the blockchain.
It's.
You know.
People know how to find it.
(22:58):
They can find it, yeah it's anopen source ledger.
Speaker 2 (23:02):
That's why it's so laughable.
And you get people that I tendto think they do know what
they're talking about and theysay it's just all used for money
laundering and terrorism.
And they can not really.
You know that's.
This is not something thecartels aren't using.
You know a Bitcoin Exoduswallet to do transactions they
have.
They have pallets of cash again, but I'm not anti cash either.
(23:24):
That's another trap you canfall into.
Well, we got to get it all inthe ledger.
That's what CBDC is.
Cbdc is getting everything on aledger.
As you mentioned earlier, one ofthe powers that they want
absolutely is to do away withall cash, and that way, there's
no variables in the system andthey can expand to contract the
money supply at will.
That's what they want to beable to do.
(23:44):
Now.
That's.
That will be only the part ofthe problem.
The real problem is thecontrols, the social control.
Right, it's going to bedisguised as money, but it's all
about controls, the controlgrid.
That's why you know that phrasethe hill to die on.
It must be opposed, yes,everything, with every fiber of
our being.
It must be opposed politically.
We have to, we have to raiseawareness, and it could be that
(24:07):
they implemented it falls short,kind of like a Nigeria
situation.
I would love that they don't.
They don't seem to know whatthey're doing much anymore.
I know this, like they.
The Fed came out.
Now it's hawkish again and thenthey released another report
that possible, you know, ratecuts down to 4% in 24.
Nobody really knows.
They've given several differentsignals.
(24:30):
Even a couple of months agothey were.
They had, you know, we're goingto look like we've stabilized
everything, we've reached aterminal rate.
I know they use thatphraseology.
And then they said that theyhad another spokesperson come
out and say well, no, we'regoing to, we're going to stay
where we are.
We're not, we're not loweringrate.
It's all over the place.
It's coming, though Within thisquarter they will do something
(24:50):
to lower rates, in my opinion.
Speaker 1 (24:52):
Well, they thrive on on the uncertainty and the
volatility, because that createsfear, and fear is.
The way that they can controlpeople and control markets is
with fear, fear of missing out,fear of this, fear of that, and
so that is all.
You know rumors, and then youwindow and very rapid movements
up or down in order to createthis kind of volatility and fear
(25:12):
.
It's engineered for that.
Yeah, and you know, when I talkabout the crypto stuff, you
know, if somebody feelscomfortable, it's just.
I look at it and part of it Ithink Tony is the very name you
know.
Cryptocurrency, oh well, thisis a it's crypto.
If it's encrypted, that meansit must be private.
You know, and a lot of peoplethink that about the blockchain
(25:32):
stuff, that crypto means privateand it doesn't.
There's only a couple ofcurrencies that really keep that
privacy there of who owns it.
All the rest of stuff iscompletely naked and exposed to
governments and to the public.
Speaker 3 (25:46):
Oh it's open source.
Speaker 2 (25:47):
Yeah, I mean you can download a Bitcoin wallet, as
long as it's not tied to anexchange.
That's decently anonymous, butnot 100%.
I mean you can always find outwho that who that is, especially
when you start transacting withother wallets and if they're
commercial, especially becausethose commercial wallets are
usually hooked up to an exchange.
So it's not something you canbe totally anonymous with, but
(26:09):
it is still the people'scurrency, still the people's
money.
In my opinion, bitcoin becauseif you, you know,
internationally, if I want tosend a transaction, I certainly
can't, you know and I don't andall your eggs in one basket in
the coming years is a bad ideain any respect.
I like things outside of thesystem, because the system
itself is going to draw you inwith this, create the crisis,
(26:32):
you know.
Then the solution will be youdownloading your wallet
biometrically and getting hookedup to central bank digital
currency to save the currency,and then we're all in this
together.
I've heard these phrases before,you know, but that's the way
they're going to roll it out andyou just got to be outside of
the system.
So If you can do that bygetting physical gold and silver
(26:53):
, that's a great start.
If you, if you've had the brainpower and the time to look at
crypto.
Absolutely look into it.
I'm no expert, by the way.
I do this all day long and Istill and there's things I don't
know about crypto.
I need to have more guests onmy show Tell me what's happening
?
Speaker 1 (27:07):
Neither is the CEO Ripple an expert on its own.
Speaker 2 (27:14):
I don't feel so bad about not knowing.
Luckily, I haven't had anymajor or any theft at all of my
crypto over the years.
It's mainly because I use it asservice.
You know when I would?
I just filled up the machines,we'd sell it out the next day
and I'd keep wiring it, so therewasn't a lot of inventory just
(27:34):
held over in my wallets.
So that might be one of thereasons.
But you know you can keep itdecently safe.
But yeah, you're always atarget to those.
Whales are always a target andthey should know better.
Yeah that's true.
Speaker 1 (27:46):
Yeah Well, we talked about diversification, gold,
silver, crypto.
Let's talk a little bit aboutsilver, since we haven't talked
about that.
There's a Kitco article sayingsilver market to see record
physical demand in 2024, asindustrial demand remains strong
and of course you know that'sgoing to happen, right.
Yeah, you just pulled it up.
We know we've talked about thatbefore.
You've talked about howundervalued silver is compared
(28:09):
to historically, compared togold and things like that.
But you know, even though we'vegot all of this green agenda
and people are pushing back hardagainst it, Biden is still
going to be subsidizing that andit's such a big part of the
green agenda it's almost likeit's you can almost look at it
as kind of a hedge against thegreen agenda, Couldn't you the
(28:29):
silver?
Speaker 2 (28:30):
Well, and that's part of it.
Yesterday I did an interviewwith Peter Kraut who wrote the
book the Great Silver Bull, andhe's out of Canada.
It's a great book If you wantto get some history of why
silver is priced the way that itis.
It's a really fascinatinghistory why silver is so cheap.
Well, he started explaining tome and you know, if you look at
(28:53):
the silver mining that goes ontoday, only about 25% of the
silver that hits the marketcomes from silver mines.
You can hardly find any goodsilver mining stocks.
There's just not a whole lot ofentities doing that because the
price point isn't there.
It's not worth getting thecontracts and digging through
the ground and getting the oreout, and so you have a lot of
(29:15):
problems with finding new supply.
And he was telling me you knowbasically all the recycling and
all the mining and most of thesilver comes from gold mining,
copper mining.
It's just an added benefit.
They get some silver out ofthat too.
So about a billion ounces ayear are produced.
And he said well, what's beenhappening year over year?
(29:37):
It's the demand is going to,you know, 1.2, 1.3.
So you're talking abouthundreds of millions of ounces
that are missing and a lot ofthat ends up in landfills
that'll never be recovered.
Gold has been recovered over theyears.
You know people come to placeslike Wise Wolf and sell their
bracelets or their stuff they'vemined out of computers and any
(30:00):
kind of scrap and that getsmelted.
It gets recycled back into thegold ecosystem.
Silver is so cheap it hasn'tbeen and so this is catching up
with it.
We're talking about hundreds ofmillions of ounces and deficits
, so this is coming to a head.
These days of silver and the $20range, I think that's
(30:20):
ridiculous.
I've been saying it for yearsbecause I can tell just the
variety of having to sourceproduct for people that we're
nowhere near where we were in2018, 2019.
I mean, I could get anythingthen.
I'm still limited, even withstuff hitting the market, and
when prices drop to a certainpoint, there's nothing to be had
(30:42):
.
So I think that we're going tosee and Peter Kraut agreed with
me.
I think we're going to see thisresetting of prices and
commodities very soon.
And this is an investment Ialways have to clarify.
I'm not talking aboutinvestment in silver is going to
the moon, but there issomething seriously wrong with
the pricing model.
I mean $52.50 an ounce in 1980.
(31:05):
That's what I keep saying.
I'm like this cannot we're inlook at the debasement and the
destruction of the dollar sincethat time?
It's 44 years ago.
I know because I was just born.
So there's a problem with thedollar and the silver gold ratio
.
There's a problem with all ofthat.
I think the deficits are goingto kick in sooner or later in
(31:28):
the physical demand.
But even the warfare state.
David, it's 40 pounds of silverin a Tomahawk missile.
Speaker 1 (31:38):
And you're not going to recover that either.
Speaker 2 (31:40):
No, we keep blowing it up.
We blow it up or we send itinto landfills because it's so
cheap.
I just think there's a day ofreckoning coming.
I think silver not only is amonetary metal like gold and has
been money longer than gold andtraded longer than gold, but it
is also an industrial metal.
It's used in medicine.
It's one of the.
(32:01):
When you have antimicrobial,antibacterial developments in
medicine, it's usually comingfrom silver.
So it's very important to whyso silver has so many properties
and it's so cheap right now.
There's so much emphasis put onthat.
It never moves.
People say, oh, I just buysilver, it never goes anywhere.
(32:22):
I know, but one of these days Ithink that clock runs out and
looks like it's going to comefrom the actual bullion supply.
It's just not there and thathas to be a reckoning.
Speaker 1 (32:37):
Well, as you pointed out, getting about a billion
ounces a year, but they'relooking at a 4% increase.
This is coming from the SilverInstitute.
So of course they're going tobe focused on silver and pushing
silver.
But they said 690 millionounces of demand for things like
solar energy and electricvehicles.
So just in that area alone,looking at it, to go up to
(33:02):
almost 700 million ounces as anyou know, as a total amount that
they're looking at.
And then we have, on the otherside of it, we have the
concerted efforts of Russia andothers to de-dollarize, to take
the dollar away as being thereserve currency, because that
is so fundamental to our powerbase there, and so that is
(33:26):
essentially.
They realize how weaponizedit's become and they want to
take that weapon away.
And so Russia is saying that'sone of their top priorities is
de-dollarization and promotinginternal trade between the BRICS
, company countries and othercountries like that, and not
using the dollars in anintermediate exchange, and
that's going to be somethingthat will.
(33:47):
When that happens, that isgoing to have tremendous
consequences for those of us wholive in America, isn't it?
Speaker 2 (33:55):
Absolutely, and we've never seen this before.
Yeah, because we've never lost,never gained and lost the
world's reserve currency statusin our history.
This is something that began in1944 at Bretton Woods and was
remained, for the most part,stable.
But you can see that thepercentages, david, the decline
in usage of the dollar since2001,.
(34:17):
75% down to 45% of globaltransactions used in dollars and
this is only increasing isbecause of the sanctions.
We have 40 different sanctionsin 36 different countries.
Now I've been quoting that forprobably six, seven months now.
It's probably more sanctions.
That's our favorite thing.
We like to weaponize the dollarand use sanctions.
(34:38):
But I think, again, you'rewatching more and more of these
countries move away.
They're getting out of theirdollar holdings, they're getting
into gold.
The World Gold Council has justpointed out you know again,
year over year, central banksbreaking records buying gold.
There's only one central bank,major central bank, not buying
gold.
That's the United States.
That's a federal reserve notbuying gold.
(34:59):
Yeah, that's right.
Speaker 1 (35:01):
Well, you know, I thought it was interesting when
I saw this article.
They referred to the Russianreporting, referred to the
Russian Serpa for bricks.
They don't call them a czar forsome reason we like to call our
drugs are William Bennett andeverybody else.
You know, whenever they putsomebody in charge of something
(35:21):
in the US, we like to call thema czar.
They don't like czars in Russia, so they call them a Sherpa.
His name is Sergey Rybakov andhe says the top priority for
bricks in 2024 isde-dollarization for them and
for everybody else that they canget in there.
Wes Robertson on Rockfin says ifthe Federal Reserve is not
(35:41):
abolished, it won't matter whatwe end up using as currency.
The country will never be free.
Well, I agree, but of course,you know, cbdc is a way to
accelerate this trend and totake it to a new level that we
have never, ever seen before,and that's across the board.
When we look at what ishappening with so much of the
technology you know robotics andartificial intelligence and
(36:04):
nanotech and all the rest ofthis stuff and genetics all of
these things are rapidlychanging and we're at the point
right now where they want toredesign the financial system,
as you pointed out and we talkedabout earlier.
It's gone on for a very longtime and it's one of these
institutions that people aregoing to change.
As long as the Federal Reserveis there, it still is going to
be a threat, no matter how theyredesign the system.
(36:26):
But this CBDC is the worstthing, the worst possible
scenario that we could have fora currency.
So that's that's my interest init Anything that I can use to
as a hedge to not have to be100% into that system, that's
what I want to focus on.
Tell us a little bit aboutwhat's going on at Wise Wolf
Wise Wolf Gold.
Of course you can get to thatby David Knight Gold.
(36:48):
What's happening at Wise Wolf,tony?
Speaker 2 (36:51):
Well, we just got lots of packages going out.
Wolfpack's growing.
We'd love more people.
The more people to join, thebetter prices I can get for
everyone.
I just got a big shipment ofgoldbacks in and we even have
goldback wallets.
I'd like to thank, for Love ofthe Road.
The David Knight listener whoshares a lot of your content,
(37:12):
asked us about it and so weordered the goldback wallets.
So you can.
You can get a special walletfor your goldback, and I decided
last month.
I said I'm going to putgoldbacks in every order.
Now how?
Speaker 1 (37:23):
does a goldback wallet differ from a regular
wallet?
Speaker 2 (37:26):
It's just a little bit, it's just longer.
You don't want to fold yourgoldbacks, okay, all right, you
want to keep those withoutfolding and crinkling in the
middle.
So it's just a longer.
It's a leather wallet and weordered it from the, from the
goldback company.
There was a tip One of the.
Again, one of the listeners forLove of the Road said you need
to check this out.
So we did and we ordered some.
I just decided we're puttinggoldbacks in every tier and I
(37:50):
bought the, the one dollardenominations and from different
states and we have NewHampshire, wyoming, utah, some
others, nevada, I believe and wejust get it.
We're going to get shipments ofthat every month and we're
putting them in all of the, allof the wolf packs.
It gives you a little bit ofdiversity.
You know it's not the best wayto get gold, but in that
(38:10):
fractionalized sense it can bevery smart, because you're
talking about 24 karat gold in anote.
Yeah, it's, you know, spreadvery thin.
It's like one, one thousandthof an ounce or something like
that.
So it's something you go checkout, david Knightgold, and
there's a tab on there.
It's a joint wolf pack.
We've been adding a lot of newproducts.
I've.
I've got so much pre 1965silver.
(38:33):
It's crazy.
I've been buying it both at theDenison location in Texas and
here in Branson and we just keepstacking 90%.
We're not going to run out of90% anytime soon.
I've got dimes, quarters, halfdollars and we've even got a lot
of the silver dollars the realones, not the eyes and hour
dollars from the seventies I'mtalking about real peace dollars
and Morgan silver dollars aregoing to be going into Wolf pack
(38:54):
as well.
So a lot, a lot of great stuff.
There that's I.
We're again pride, we prideourselves.
We did something different thana lot of the other gold and
silver dealers, the big onesespecially.
They're going after the whalesand going after people that you
know.
$10,000 or more.
I wanted to every day.
Now we can handle thosetransactions and we welcome them
, but I'm handling just averagepeople that are just.
(39:16):
You want to save up something,to be outside of the system and,
especially in the face ofcentral bank, digital currency
and Wolf packs, a great way todo that.
It's.
It's not a contract and you'regoing to get metals every single
month.
I'm trying to make the orders alot more efficient.
Like you bill and you'rebilling date, I'm like two or
three days later I want yourpackage with a tracking number.
So we're working on that.
(39:37):
It's been.
Speaker 1 (39:38):
I love the gold back things and when Aaron day was on
the other day, he was talkingabout, you know, using cash,
talking about using gold backsas well.
He says a lot of times I'llleave it as a tip, along with a
note explaining it and what itis to try to get people
accustomed to using that.
And that's the key thing.
You know, we have to try to putthese things in circulation and
(39:59):
we just, like we've got to tryto make sure we keep using cash,
consciously use cash.
Even though it may not be quiteas convenient as just swiping
plastic or something like that,it is.
It's important to use thosefreedoms or we're going to lose
them, and already you're seeingthis happening.
It's happened in many countrieswhere they shut down the ATMs
and things like that.
So you know, having a gold backand something like that that
(40:19):
you can use if we can make thatmore popular, that that is a
great alternative.
I really like those things.
That's great.
Speaker 2 (40:26):
Well, thank, you, I'm a big fan of it.
Speaker 1 (40:27):
Yeah, thank you so much for joining us, tony.
And again, david Knight died.
Gold will take you to wise Wolf, where Tony is.
I've known him for a very longtime and he's he can help you
with anything, large or small.
So thank you again, tony,appreciate it.
Thank you, nick.
Speaker 3 (40:52):
The David Knight show is a critical thinking super
spreader.
If you've been exposed to logicby listening to the David
Knight show, please do your partand try not to spread it.
Financial support or simplytelling others about the show
(41:16):
causes this dangerousinformation to spread.
Father, People have to trust me.
I mean trust the science.
Where you mask, take yourvaccine.
Don't ask questions.
Speaker 1 (41:37):
Using free speech to free minds.
It's the David Knight show.
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