Episode Transcript
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Speaker 1 (00:53):
Joining us now is
Tony Ardaban of Wise Wolf Gold,
and Tony's kindly set up,davidknight Gold.
We'll take you there and lethim know that you came through
us.
Good to have you back in theUSSA, tony, after being in
Acapulco.
Tell us a little bit about that.
You said you gave a couple ofpresentations there, right?
Speaker 4 (01:11):
Yeah well, this is
against my own nature.
I usually don't go on any sortof trip longer than four or five
days, and it just went a littlefarther on.
But I was asked by Jeff Berwickto speak at the end of
Anarchapoco.
He had a panel and so I spoketwice there on gold, crypto and
the monetary system and thestuff that you and I talk about
(01:31):
every Thursday.
But it was live and it wasgreat.
It was good to network withpeople, it was like-minded and
getting some sunshine didn'thurt either.
Speaker 1 (01:40):
And you didn't see
any drug gangs there shooting
people up, right, you know westarted having some of that.
Speaker 4 (01:47):
You know, when you're
in Acapulco, you want to make
sure that you don't want tostand out too much and you don't
want to throw your weightaround.
I went back to the hotel everyday after the presentations and
just stayed to myself.
It's not my country, that'sright.
Speaker 1 (02:03):
Well, let's talk a
little bit about what's going on
at Fort Knox, and I want to getyour take on it, because we've
got you know.
Trump and Musk are saying, yeah, we're going to go do a
walkthrough.
And Rand is saying, well, Inever was allowed to go through
there.
And then you've got theTreasury Secretary, besant, who
said, oh, it's all there, itthere, it's audited every year.
(02:30):
And it's like what?
This guy's going to lie to yourface, just like Anthony Fauci.
Of course, the gold is underthe US Treasury, but I like this
headline from Mises the gold atFort Knox was stolen from
Americans.
Now what do you think aboutthis and about the auditing and
about Besant saying, well, weaudit it every year and it's all
there.
He knows that.
Sure, you do.
Speaker 4 (02:43):
Right, sure you do.
I think what's interesting isgoing back to the pre-1950s
audit of our actual goldholdings.
We're supposed to have about8,100 tons of gold and I think
about 4,000 tons or so aresupposed to be at Fort Knox.
Well, we actually had somewhatdouble that or more before the
(03:08):
end of World War II.
And I think the bigger questionwhere did that gold go?
I always talk about this kind ofthe side history to the
executive order by FDR in 1933was you know, turn in your gold
coins.
We had the $20, $10 and $5 goldpieces and people were told to
turn those in because they weregoing to reset the system and
inflate the money supply.
(03:28):
They raised gold from $20 anounce to $35 an ounce.
But there's a little knownhistory there that that gold
that was taken from the Americanpeople was melted down and a
giant chunk of it went to theBank of International
Settlements in Basel,switzerland, the BIS.
The BIS was started in the1920s.
It was just after World War Iand that was by design.
(03:49):
You go back and look at that.
You know the hijacking of theAmerican money supply and the
creation of the Federal Reservein 1913.
These were all moments inhistory where the setup to rob
Americans of their gold goes wayback.
Rob Americans of their goldgoes way back and you know,
decoupling our dollar from gold,and that really started before
1971.
(04:10):
And Nixon took us off the goldstandard in 71, closed the gold
window.
He didn't say we're going offthe gold standard officially and
that was supposed to betemporary, but the world had
already realized that.
You know, we debased our coinsand going back to 65 and taking
the silver out, we inflated themoney supply.
Everybody knows that.
So that is an open questionWhether the gold in Fort Knox
(04:31):
and other gold that we hold atthe Federal Reserve Banks and
elsewhere.
I think that what that'ssupposed to show is the strength
of the United States economyand all the rest of that.
But if you monetize the goldtoday, it's only about $760
billion, which would only coverabout what three quarters of the
interest payment on one annualbudget for the debt.
(04:53):
So they're not going tore-monetize that gold in today's
prices.
That's something I talked aboutin Anarchapoco.
I think what's happening now andas I start, you know, resetting
the way I look at this becauseyou know I've been for so long
the US and the West, the FederalReserve Bank especially, has
(05:14):
been at war with gold, and ithas.
It's a natural enemy Becausewhen you decouple it from you
know a standard and you know nolonger.
You know the dollar's no longerbacked by gold.
I think that throughout the 70swe showed that the US went to
war with gold, and especially inthe 80s and 90s it's lost
control of that narrative, andthat's because of the math and
(05:35):
it's because of the sheer weightof the debt.
I mean it's trillions.
Every 90 days or so we goanother trillion dollars in debt
and so that accelerating rateof debt just keeps going.
This is where I start to kind oflook at the board a little bit
different nowadays, because forso long we didn't even talk
about the gold holdings in theWest.
The Chinese have beenaccumulating since the beginning
(05:56):
of the century.
All these central banks buyinggold since 2009, and really just
since 2022, just off the chartsand breaking the record.
So I think there's somethingwithout actually having the
knowledge.
So I can't tell you what'shappening, but if these
subtleties like we talked offair about you know trying to,
musk and Trump are looking torestore some sort of trust, but
(06:18):
I think that's really the keyissue here is what's going on
with the monetary holdings ofthese banks?
Are we going towards some sortof worldwide gold standard reset
?
And I've long since thought theBRICS nations were headed
towards that and it wasn't about.
I think that's just a sideshow,with people saying they're
going to create their owncurrency.
I think what we're looking athere is I think the United
(06:41):
States is going to start showingits hand and saying how much
gold it has, not to sell thatgold or, to you know, use that
asset to do anything with ourcurrent monetary system.
But I think it's a that's afuture play for what may be on
the horizon.
You know, with the rest of theworld competing against the
dollar, it may be a preemptivereset.
Speaker 1 (07:02):
So you think this
whole thing about well, we need
to audit Fort Knox andeverybody's like yeah, yeah,
that's great, that'd be great.
Oh, show the truth.
You think that's really justkind of a predetermined dog and
pony show to build people'strust for when they reset the
financial system globally.
Speaker 4 (07:20):
I think that's a real
possibility.
And I didn't anticipate this.
I didn't anticipate any kind oflook into Fort Knox.
Those of us in the goldbusiness, gold bugs, we've just
thought well, is it even there?
And there's open question marksover that, because the United
States didn't seem to care whatits gold holdings were.
We had the almighty dollar, youknow, and gold was a barbarous
relic.
I think I said at Anarchapoco,I said fiat currency is a
(07:44):
barbarous relic because itactually is.
You know, nothing's morebarbarous than fiat bankers,
wars that we've had in the 20thcentury.
It's, you know, absolutelymonstrous and satanic.
You know, john Maynard Keynes,that famous line that gold is a
barbarous relic.
Well, I think you know.
And if you look at some of thethings I found when I was giving
presentations, I went to gotalk to the AI, go and type in
(08:07):
what's the end of Gresham's law?
Because we always talk aboutGresham's law, it's when bad
money enters a system, goodmoney goes into hiding.
Well, that's how it says thelaw works.
But what happens in the end?
Well, good money comes back andI think that's really where we
are at some level, and you cansee just things moving faster
(08:27):
than I had anticipated.
Maybe it's because of the newadministration or maybe this was
always on the plan, but I knowthe powers that be.
They survive off of the fiatcurrency system.
The Pentagon had ran that wargame three years ago.
David of a Gen Z Bitcoin revoltI've often brought that up.
(08:48):
That was one of those headlineswhere I went whoa, they're
running the war games on peopleleaving the dollar internally.
So I know they have to run this, these simulations, and they're
very aware of what happens ifthe world abandons the dollar.
Speaker 1 (09:01):
This may be a
strategy on their part, just
psychologically preparing peoplefor gold as money again and
possibly yeah, yeah, that'sinteresting because of course
you know the all wars arebankers wars, and so the
Pentagon is going to be a wargaming what happens when people
go figure out their enemy thepeople of the bankers, enemies
(09:23):
of the people and so how arethey going to war game this
thing?
It's kind of interesting.
In this Mises article he wastalking about, you talked about
how they confiscated these coins, melted them down, put a lot of
them into the Bank ofInternational Settlement, they
said you're going to find.
Probably, if they look at thisstuff, they will find that it's
a little bit lower quality goldbecause it was melted down coins
(09:45):
and Fort Knox perhaps is whatthey're saying.
But again, the whole thing begsthe question as to why is all
this gold being repatriated, anddo we have any information at
all as to who is doing this?
Is it the government?
Is it corporations that aretrying to secure things in
advance?
Do you have any informationabout that?
Has anybody scoped out who isactually causing this massive
(10:08):
flow of gold back into theUnited States?
That is the open question.
Speaker 4 (10:14):
And there seems to be
government pressure on
multinationals to reallocategold.
A lot of this is under theguise of the tariff threat.
That's why I'm suspicious thatsomething else is actually afoot
here that I didn't anticipate.
Again, this is a change indirection, a sea change.
The US government is signalingand even talking about its goal.
I mean, just before the handover, you had Janet Yellen in front
(10:37):
of a press conference, livepress conference.
Somebody asked her about thedollar losing the world's
reserve currency status and the,the monument, fell off the the
podium.
If you remember when they askedher about it, I mean that's,
that's where I mean, that'swhere my mind went.
It was like, well, the dollar'soff the rails, and so it may
just be.
You know the writing on thewall.
Uh, then, going back to the,I'm just reading that about the.
(10:59):
You know, in the book of daniel, that's really about the, the
loss of the, the Babyloniankings, his monetary standard.
You know the writing on thewall.
I think that's what we'reseeing here.
So this says IOU, these areIOUs, these are better than
money.
That's really what we're in aworld of fiat.
And you know what the debt ofthe world totals is somewhere
(11:21):
like 400 trillion, and that's.
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Speaker 4 (13:23):
Somewhere around,
whatever assets we supposedly
have.
I think most of the world andthe governments are bankrupt,
and the United States especiallywith its massive money printing
and expanded empire that'sbloated and overstretched and
everything else.
I mean we're just overleveraged, leveraged to the hilt
.
And so this may be a way ofsoftening up psychologically
(13:45):
people for either a new type ofcurrency standard with the US
and I'm not.
Look, I hear all this chatter,I've heard this for years.
You know Trump's going to putus on a gold standard.
All this nonsense and to behonest, I'm not even a fan of it
.
I think we have our own goldstandard.
I think there will always befiat currency through
(14:08):
governments or something likethat, and it will be monetized
in a way that you know, a mediumof exchange where you can get
goods and services, but it'llhave a diminishing value.
I think that's probably alwaysgoing to be.
And I get, look, we had a goldstandard, supposedly from 1933
to 1974.
But it was illegal for you toown gold.
(14:28):
So I don't think that thosethings don't go together to me.
Just because the dollarsupposedly, you know, backed by
some, I want to have the gold.
I don't really, you know, Idon't want the pieces of paper.
I think that's the way thecountry was founded, so I'm
skeptical about any of thesemoves to nationalize anything or
, to you know, to put an edictout that we're on some sort of
(14:49):
new standard.
I think that there's a betterway to do it, and I like the
ability for people todecentralize, have their own
gold holdings or their owncrypto holding.
Speaker 1 (14:59):
Yeah, and when I look
at people like I mentioned
earlier in the show, luckyLutnik at the center of 9-11 and
the financial aspects of that,this is Trump's treasury
secretary.
This is a guy who's famous forTether and other things like
that.
Of course, he's done a lot ofquestionable crypto stuff, but
he's also, you know, the Tethercoin that is tied to the dollar.
(15:20):
Maybe if they want to try toreset the financial system and
Tether it to gold or somethinglike that, he would be their guy
, wouldn't he?
I mean, if you look at this, Idon't know if that's what
they're up to, but I really amsuspicious of this whole thing
about.
Oh, let's take a field trip toFort Knox and show everybody the
shiny gold bars and everythingand restore their faith in all
(15:42):
of this, because I think thistrust restoration is a theme
that we hear openly being saidby all of these people that
Trump has appointed.
Now Tulsi Gabbard says I'm hereto restore people's trust in
the intelligence community.
Ok, and then you got.
Rfk Jr says I want to restorepeople's trust in the health
system, and on and on.
So maybe they're here torestore your trust and the fact
(16:06):
that there's gold there and thatsomehow makes the government
solvent.
But you know, it is kind ofinteresting to see, tony, that
Joe Wilson, the guy thecongressman from South Carolina,
famously stood up and said toObama you lie, you know.
He is now pushing for a twohundred fifty dollar bill to
(16:27):
have Trump's face on it.
He says we would have the mostvaluable bill for the most
valuable president.
Well, I don't know.
I think there's like $1,000bill things, I don't know.
But yeah, you talk aboutsomebody there's a $500 bill.
I think you talk about somebodythere's a $500 bill.
I think so this is somebody whois a full-on obsequious
(16:50):
sycophant to Trump, and it'sjust amazing to watch these guys
fall over, but I think it wouldbe a monumental move to
recognize his role in runawayinflation.
Speaker 4 (17:02):
That's what I was
going to say.
I mean, why do you need a $250bill?
It reminds me of that.
I know you've played it before.
You remember that Dan Aykroydskit on SNL during the Carter
administration.
He's like we're going to makeeverybody a millionaire through
inflation.
You know like now I'm amillionaire.
(17:24):
Yeah, that would be apropos andyou got to remember this.
In this world, it just it reallybreaks my heart to my heart to
look at people that areotherwise honest journalists and
people that are skeptical ofnarratives, of this partisan
just hellhole that we're insometimes, where you have to be
like look at what Biden did tothe money printing and I'm like
we just did this.
I mean this is bothadministrations.
(17:45):
It was under Trump just in thelast year of his presidency is
40 percent, I believe, of allthe dollars ever created.
And then if you add in togetherthe the Biden administration
and all the stuff that they didwhen it took office, with the
amount of influx of, you know,debt and currency creation, it's
80 percent.
So those things go together.
(18:05):
I mean we're these areunprecedented times 80%, so
those things go together.
I mean these are unprecedentedtimes.
I mean I just remind people thedebt of the US, I think when
Trump took office was somewherearound 18 trillion or so, and I
think we've doubled it since thefirst Trump administration, and
I could be off on a trillion ortwo.
But I think that's about right,because I usually follow those
metrics and I stopped looking.
(18:26):
We're at what?
$37 trillion?
Because the numbers are just somassive.
We've never seen anything likeit in history and we're at the
end game of whatever this is,with our fiat currency
experiment after 71.
And I don't think you have to bean economist or, you know, be a
(18:47):
seer or have some sort ofspecial psychic ability to look
into the future.
It's just math.
I mean, that's what we've done.
You could probably keep italive for a while.
We made some really poordecisions and you know, let's
just increase the money supplyand we stop doing anything
fiscally responsible.
I think that's where we are andmaybe you're right.
You know this is like a, a wayto to show trust, but isn't that
(19:10):
interesting that for all theseyears, we ignored gold?
It was never talked about.
We ignored trade.
That was never talked about.
It was always just like oh,you're a conspiracy theorist or
you don't understand economics.
And here's here's paul krugmanat the wall street journal.
He's going to tell you allabout how you know you're stupid
for thinking that there needsto be tariffs or anything like
that.
And now we're doing tariffs andnow gold's back.
(19:32):
It's a weird time.
I've spent my entire life justbeing on the outside of this and
now a lot of this argument haschanged and switched.
But I don't know that theAmerican people are going to
understand that completely, thatthe gold's there separate right
from the dollar.
So even if you go and show thegold at Fort Knox and I think a
lot of that is, you're rightSome of that melted down gold
(19:55):
and it's probably not nine, nine, nine.
But there's these giant, youknow multiple kilo bars or
whatever they are, and I'vecause I've never seen them.
I mean it's like you know it'sso secretive, it's done every
year.
Speaker 1 (20:07):
Don't you know that?
It's done every year, accordingto the Treasury Secretary.
I tell you to me, hiscredibility just went right down
to zero when he did thatBecause, like, everybody's been
talking about how there hasn'tbeen an audit, and the people
that were there didn't challengehim on that either.
Speaker 4 (20:24):
They just let him say
that and go away.
They've pushed gold out of themind of you know, in our modern
you know anything in the postFranklin Roosevelt world, I mean
, and gold was pushed out of themind until 71.
And then people started saying,you know, seeing gold on the
world market starts to rise andit really wasn't rising, it was
just the dollar's purchasingpower falling.
(20:44):
And 74, gerald Ford made itlegal freedom gold.
And there was this.
You know, I think you knowpeople went into gold, but it's
a small percentage of thepopulation, I know, because
that's my business, that's whatI'm in.
I think if you started gettinginto the average person and
there wasn't these paper marketsand other thing that has gone
on to, I think, keep the pricesuppressed, if you get into that
(21:12):
and people start looking atwanting to get away from
counterparty risk and actuallyholding physical gold, david, I
mean, all bets are off on whatthis is actually denominated.
I don't know the true price ofgold in conjunction with what
the dollar is and how debased ithas become, and that's for all
world currencies.
I think you know there we're.
We're on the cusp of arevaluation around the globe,
(21:33):
and maybe not tomorrow, but Ithink that's what the rest of
the world anticipates,especially the BRICS nations.
You know, china has beenaccumulating massive amounts
since the beginning of thecentury and we're this may be
the setup for, you know, anentirely new game.
Speaker 1 (21:50):
Well, of course, as
you say, all the time the gold
has been fairly consistent interms of what it purchases.
That's been consistent over acentury or whatever, or even
longer than that, and it's thecurrencies the fiat currencies
that are fluctuating all overthe place.
But now gold is setting recordhighs against a lot of other
currencies, not just against theUS dollar, is setting record
highs against a lot of othercurrencies, not just against the
US dollar.
I think if Joe Wilson wants tohonor Trump and he really wants
(22:13):
to have him be a big bill, Ithink what he needs to do they
need to create a $1,200 bill tomimic the stimulus.
You know everybody the STEMI,the STEMI bill, and you know,
because that's that's the pointwhen we started doing the
lockdown and the stimulus thing.
That's the point where wechanged the slope of the debt
accumulation and it startedgoing up at a much, much deeper
(22:35):
rate and angle.
So just commemorate that and onthe back, you can get rid of
God, you can put in stimulus.
We trust, because that'sbasically what they trust in and
what put us on this path.
So honor that.
But of course they're not goingto do that.
(22:56):
And then we look at you know wetalk about silver last time you
were on and how.
You know there's a differencebetween the retail market and
what the institutions arelooking at, because people are
being forced in many to sell.
What does it say about oureconomy?
We've got another indicator ofthat.
This is kind of interestingthat NVIDIA blew away
expectations, selling billionsof a new chip, but their stock
(23:19):
didn't go anywhere.
I mean, are we looking at thestagflation or the dragflation
or whatever the people have beentalking about?
Is that part of what ishappening with some of even the
metal markets?
It's certainly happening withthe stock market.
I don't know if that's what'shappening with crypto.
We see crypto going down.
What was it like?
Eighty four thousand.
Yesterday, I think, I got amessage on Cash App saying goes
(23:40):
down by whoever goes down byfive percent or more.
They send me a message, youknow.
Speaker 4 (23:44):
so as I get the same
thing yeah, exactly.
Speaker 1 (23:46):
So I don't know.
You know what?
What do you think is going on?
Speaker 4 (23:50):
I think it's
uncertainty entropy.
I think we're entering into abear market and a lot of this
stuff was overpriced.
If you notice gold right nowand I was watching before we
went live but yeah it's.
It's down, down $40 an ounceover the last five, six hours or
so $2,876 per troy ounce,$31.48 for silver that's
(24:16):
according to goldpriceorg.
But I think that's just alittle bit of profit taking.
$28.75 is still massive gainsfor gold over the past year or
so and especially two or threeyears.
I mean, we're just crazy, crazytimes.
But I think this is probablysome profit-taking for metals
right now, and you know we cantalk about silver, but gold
(24:40):
especially is a profit-takingand I think people are
anticipating some blood in thestreets because there's going to
be more stocks and otherimplosions that will happen.
I think we're just set andpoised for that, david, I mean
there's a lot of these companies.
They don't make profit.
I mean, look, we live in an agewhere the central bank, the
Federal Reserve, actually lost$986 billion last year.
(25:03):
So I just want to reiteratethat the people that make the
money lost money.
That's always.
I mean, I don't, I don't know,I'm not an expert, but I look at
that and think, wow, at least Ididn't lose $986 billion with a
printing press.
How do you even do that?
Speaker 1 (25:18):
But they did, that's
why I got to get rid of the
pennies, that's we don't want anaccounting for anything.
Speaker 4 (25:24):
It's like I'm going
to get rid of pennies, no, but
there's something inherentlyflawed in the entire financial
system worldwide.
And you know, I've long sincethought every time I, you know,
and this is where I dig intothis stuff every day, but I just
think this is overpriced, we'reoverleveraged.
You know, used to, theeconomics was about meeting a
(25:46):
need.
You know you have a need.
I make something.
You know I make the best ofthat thing and I make it the
most effective and, you know,the most affordable and I win.
But that's really not whatmodern economics is Zombie
corporations, it's the, it's ESG, environmental, social
governance it's all it's it's.
You know Marxian monetarymodels by other means, and those
(26:10):
things have consequences.
You know if you built somethingon message and not about, you
know actually making a profit,like, like corporations like
Disney or these other thingsthat are, you know the social
engineering, you even just thecompanies that make food, david,
I mean it is that.
I mean it's not even aboutmaking a profit anymore.
(26:30):
Most of these tech companies,it's all just a wash and debt
and venture capital and promisesand other things, and it's not
every company.
But I think there's a lot ofthings that have true
fundamentals, like mining stocks.
I mean, I was listening topresentations at Anarchapoco
that's when people know a lotmore about mining stocks than I
do and showing some metrics andI'm thinking, wow, that's, if
(26:51):
you look at the average stockprice out there, there's a lot
of companies that are actuallydoing something, making
something, rare earth, mineralsand other things that will be
that will have value.
I just think we're just awashand fake and it's hard to know
where you come out on the otherend of this thing with so much
hanging and I think there'll besurprises.
It's like before Enroncollapses almost no warning,
(27:13):
something like that.
Or a WorldCom, lehman Brothers,other things.
That's what's on the choppingblock and we call it creative
destruction or whatever they'regoing to do.
But a lot of this stuff isgoing, I think, on sale very
soon and there's some profittaking in both gold and you know
, if you want to talk aboutBitcoin, I have some ideas there
, but you know ETF outflows andmassive consumption by the
(27:36):
whales that are just gobblingthe stuff up right now.
So I don't think Bitcoin'sstory isn't over just yet.
Speaker 1 (27:44):
A Syrian girl says
unless they take a lot of random
gold bar samples, cut into themand assay them, I wouldn't
believe my lying eyes if theydid open the vaults and look at
them and show it to us, andthat's the way I feel.
I think most people are goingto feel that way.
I don't think it's, and Ireally do think, though, that
they're going to do a cursoryshow of that, and I think, for
most of the people who are whowho want to believe Trump, who
(28:05):
want to believe this, they willbelieve what they want to
believe when they see this wholething there.
Speaker 4 (28:10):
Well, they should
offer it up to the American
people and get your own piece ofFort Knox and then just sell it
right there.
You know it's about fourhundred and fifty six billion.
You know that would cover thedebt.
For what?
90 days.
Speaker 1 (28:24):
Brian Teller says why
not just go back to having gold
and silver coinage as our moneyinstead of the fiat bull crap?
Well, I think that's so thatthey can control things right.
That's the whole point of allthe fiat stuff.
And you know, when I look atthis and we look at all the
people around Trump and I said Ithink they're going to bring in
digital money to measure thingsthrough the back door, money to
(28:46):
measure things through the backdoor.
And when you go back and lookat what the technocracy wanted
to do in the 1930s, they weresaying we need to price
everything in terms of energy.
And of course, there was acomponent of that with Kissinger
putting us on the petrodollarright.
It kind of halfway.
You know, one foot in each ofthese types of things we're
going to back it up with energy,but they want to just go
completely into energy and Ithought that'd be a perfect fit
(29:11):
for them, because everybody'srealizing that all this climate
change stuff is a bunch of hooey.
There's nothing to it, so theyjust drop.
After they've talked about this,they've created the structures
to say, well, we've got to,we've got to have digital
currency and surveillance so wecan stop you from destroying the
planet and they say, well, ok,it's not going to destroy the
planet, but hey, this is abetter system.
So let's just take all thestuff we've already been working
on and let's just roll it overhere and we'll use it to measure
(29:35):
your energy consumption,because energy consumption is.
Measuring the energyconsumption is a great way, a
great metric of activity, andthat's really a more realistic
thing that we want to do.
I could see that being the waythat they go.
I don't know, we'll have towait and see.
They're going to move fast,they're going to break things.
That's their motto in SiliconValley, isn't it?
Speaker 4 (29:55):
Well, it's going to
be a lot of confusion on the way
to get there.
They're definitely going todangle things out there that
will be dummies.
You know the things that willbe there to distract you, and
then we'll go and look over herewhile this is happening over.
That's it's.
You know, and I know, uh, thatthis is all about.
You know, the people in controlaren't going to just give that
up.
You know, if we went back to asystem like we were designed to
(30:16):
have our founding fathers set up, if we had no income tax, if we
had a a bimetallic monetarysystem things aren't perfect, uh
, but you have a lot morefreedom and there's a lot more
the unleashing of the potentialof the average American out
there to start a business wouldbe.
I can't imagine what it wouldbe like today if you didn't have
(30:38):
to spend countless hours tryingto figure out how to pay your
taxes or what regulation or whatbureaucrat was going to be
knocking on your door orwhatever else.
You know like if or how to.
You know how to save in theface of of inflation.
You know how to keep purchasingpower, and you talk about
energy.
You know that's there's therobbing of your energy and your
(31:00):
time and your effort.
It's just so criminal with withthe fiat currency system.
So they're not going to stopthat because, ultimately, that's
where they gain their power.
And then the lifeblood of themilitary industrial complex is
the fiat dollar, and we lost thepetrodollar.
There's a lot of.
There's a lot of these eventsthat are happening that will
(31:21):
confuse you if you're watchingthis, because it's not linear.
So they're doing something towreck the system, a controlled
demolition of some kind?
I'm just keeping all optionsopen.
I just know that, at the end ofthe day, the question we all
should be asking is why aregovernments in the currency
business?
I don't need them in thecurrency business.
The private sector does a muchbetter job at that right now,
(31:42):
especially with technology.
I don't need you.
Yeah, maybe there's a taxingsystem and we all have an agreed
upon set of metrics that we payour taxes in, or something like
that, not that I even agreewith it.
It could just be, you know, aconsumption tax or something I
don't believe in.
An income tax could be acombination of tariffs, but
we're not.
This is a fantasy that I'mbringing up, by the way, but I
(32:04):
don't need governments, youdon't need.
I have a Bitcoin standard, Ihave a gold standard, I have a
silver standard, and the privatesector, especially with
technology today, would do a farbetter job at accounting and,
you know, with efficiency thanthe government.
But they're going to thegovernment's use that as a way
to expand their power and theirreach, and that's why we have.
(32:27):
That's what.
That's why we have.
What was it we were talkingabout?
It was the F 35, david was.
It was like a trillion plusdollars and I remember I typed
that in one time before I wascoming on your show, and I go
that can't be right, that can'tbe right and I wouldn't look at
it, because if you think aboutthat, you know how much money
that is, but they just throwthat around now.
It's truly insane.
Speaker 1 (32:46):
It's not anything
that we need to even bother with
.
It's not a trillion dollars, Imean.
If it's just a billion dollars,who cares right?
Speaker 4 (32:52):
A couple of billion
dollars, you're talking about
real money after a while.
Speaker 1 (32:56):
Yeah, they're handing
two billion dollars.
We're getting ready to go out,so this is our parting gift to
you, or goodbye.
Uh yeah, going back to brian,you know why not just go back to
gold and silver?
Well, because the you know the,the founding fathers wanted to
have honest money and theywanted to have an honest
government.
And we don't have honest moneyand it's that's by design,
because we don't have an honestgovernment, and so that's what
(33:16):
they're going.
And so when I look at gold andsilver, to me that's kind of
your fallback position.
When they get so far out of handthat nothing is real and
nothing is trusted andeverything is fraudulent.
You can always go back to thattype of system.
People can get around it.
We saw that type of thinghappening during the Great
Depression.
You had local communities usingwooden nickels or whatever that
(33:37):
they minted for that community,kind of a community coin.
There's ways that we can getaround that system and if you've
got something that's got realvalue, that's had real value for
as long as mankind's beenaround, then that's a good start
for starting up another systemthat is hopelessly fraudulent.
Turinturambar says there's$1,000 bills, but they're not in
(34:01):
general circulation.
They're generally only for theFed to commercial bank
transactions.
That's kind of what I thought.
So again, my suggestion of a$1,200 bill.
That would get him on top againand it would be a nod to the
master of inflation taking allthat stuff off.
Speaker 4 (34:20):
Maybe you should just
leave the numbers blank and
then whatever the government,says the number is that day and
we should just leave the numbersblank and then, whatever the
number is that day you know youcan fill it in, or something
like that, you get your ownstamp.
Speaker 1 (34:28):
Make it electronic,
which is what they want to do,
right?
It's constantly varying.
So, yeah, when we get to andagain you know why you can ask
the question why do we have allthese ETFs?
Right?
Who needs them, especially theETFs for Bitcoin?
Why are they creatingderivatives?
Well, because they're frauds.
You know, you look at a fiatcurrency.
You look at the derivatives,the ETFs, especially for
something like Bitcoin.
(34:49):
Bitcoin was already.
You could do it fractionally,for any amount and instantaneous
.
Why would you need to havethese guys doing ETFs for
Bitcoin?
It made absolutely no sense.
Speaker 4 (34:59):
Well, if you want to
keep the majority of people from
discovering that they can justhold it themselves, that's a
great way to start.
And especially, where's themoney?
What was it?
Babyface Nelson?
They ask him why he robbedbanks.
He says that's where the moneyis.
And these ETFs BlackRock andothers that are in the
retirement business, or holdingsthat hold people's funds well,
(35:21):
the funds belong to baby boomersmostly.
You know, this is the babyboomer generation.
That's where the wealth is.
So that's where they went.
And those people don't knowusually don't know how to hold a
Bitcoin, or they don'tunderstand it or whatever it is.
So they took advantage of thatknowledge gap and they said well
, we can control this vast,limited supply of this
(35:45):
technology called Bitcoin on theblockchain and we can get ahead
of that and we can, I think,control the markets.
Larry Fink was just over atDavos a few weeks ago saying
that Bitcoin was going to$700,000 and making a price
prediction.
I thought that was interesting.
If you look at it right now,david, they have a lot of ETF
outflows.
People are probably orderingtheir brokers to sell and
(36:07):
getting out of that and intosomething else, because it looks
like the party's over for rightnow.
I think the interesting part tothat is that these ETF outflows
show massive whales buying.
It's coming in just buyingmassive amounts of.
When the outflows happen, thewhales are eating it up.
Of course, the prices are stilltumbling.
I think we'll probably get intothe $70,000 range, $75,000
(36:31):
range and then it'll start theupward march again.
I think that's what will happenagain, because who holds it and
I think because they're lookingat the they know what's
happening with the debtworldwide and currency and
everything else and stocks andovervaluation.
It's a way for them to parktheir funds into something that
is finite and it's not reallygoing to be.
(36:52):
You can't print more Bitcoins,you can't expand that stock
supply and you know our board ofdirectors can't really tank
Bitcoin.
It's so decentralized.
So I think this is a temporarylull in the crypto market.
But you know we saw this withgold, david.
I mean they raised interestrates faster than any time in
history.
It didn't do anything to gold.
(37:13):
That's one of the things Imentioned when I spoke at
Anarchapoco.
I said look any time in history.
Look if they're raisinginterest rates and contracting
the money supply.
It strengthens the dollar and Imean you can make an argument
that it quote strengthened thedollar, and it did, but gold
kept rising in the face of that.
Speaker 1 (37:33):
I just think all the
economic— and we've never seen
it go that rapidly.
You know he was lying, like youknow, 75 basis points every
time he did something on aregular basis.
You know, last time when they,you know, popped the bubble you
had, the Fed was raising it to25 basis points every time they
come around.
This time they tripled that andstill it didn't take out gold.
It's interesting.
Speaker 4 (37:53):
Yeah, it's
interesting and I think that's
because of the fundamentals, andwhat's driving the price of
precious metals right now is, Ithink, is we're just seeing
historical shift, we're at theend of a fourth turning and
these financial institutions areway over leveraged.
This is worldwide systemicmalignance in everything that
you do.
So I don't think that I don'tthink we're in a bear market for
(38:15):
precious metals or for crypto.
I think it's a short termsetback for all these things,
because there's simply notenough real assets to house all
the fake assets.
Especially if the averageperson started trying to buy
right now I mean if it floodedthe market, the precious metals
industry especially the supplyshock would be enormous.
Speaker 1 (38:38):
Well, tell us what's
going on at Wise Wolf.
What are you looking at and howare the suppliers looking for
things?
You haven't had any problemgetting stuff, have you?
I know you got to work reallyhard at doing it, but that was
always a thing that you'reworried about, as we're seeing
new, all-time highs andeverything I mean with all the
new things that are happening.
How are things working outthere at Wise Wolf, and tell us
some of the programs that yougot going.
Speaker 4 (39:01):
Well, yeah, we've had
a hard time getting certain
things, and that's.
you know, when I talk aboutsmaller units or fractional
things, that everyday peoplewill buy those are harder to get
, but the big things that youknow, the 100-ounce bars and the
kilos and all that stuff forsilver, those are easy, I mean,
and those are just flooded themarket right now and that's
(39:25):
what's you know.
Another interesting aspect toall of this is that we've bought
just so much over the past 120days that things I couldn't
really sell back through thesystem.
So they have to go back to thewholesaler but the prices can't
continue to rise and I thoughtthat was an interesting.
So I started.
I called some other people inthe business and ask them if
they're seeing the same thing.
And this is instant.
So it's institutions right noware driving the price and that's
private corporations andcentral banks are are buying
(39:49):
precious metals.
And you know, you look at thestory.
The Russians, um added silveras a strategic reserve asset
about, uh, four or five monthsago.
That was a blurb that not not alot of the.
I didn't see this on mainstream.
It was acknowledged on, youknow, through the press, but it
didn't get picked up infinancial news.
I thought that was huge and ofcourse it was.
(40:09):
So you know, the governmentsare starting to pick up, you
know, the precious metals moreand more and putting on their
balance sheets.
Corporations I think it was JPMorgan just did a $4 billion
deal just on physical gold, andthat was one transaction.
I don't know if it was oneperson or several customers, but
they just did 4 billion.
(40:29):
Uh, so much is moving to theWest.
All this.
This is just really crazy rightnow.
So there's a, there is ainstitutional demand.
People are selling Cause Ithink the economy is not great,
uh, for the average.
I mean just trying to keep upwith inflation.
That's not gone away.
So I think this is where we are.
We're going to see risingprices, even in the metals
(40:50):
markets, even as people areselling.
But we've done a good job.
I have a great team and we havethe two physical locations, so
we're able to pick up a lot ofextra stuff that goes into the
Wolfpack program to keep thatstocked.
But yeah, it's getting harderand harder to find the smaller
things.
That's why we also did aconstitutional wolf over on
(41:13):
Wolfpack and you can get asubscription one time for $250
or $500 at a time of US coinagepre-1965 silver and it's kind of
like a surprise mystery bag.
We just take the amount ofdollars, like whatever credit
you have, and then we just fillit with half dollars, dimes or
quarters and maybe even silverdollars, depending on how many I
(41:36):
have in stock.
But that's one of the thingsI've concentrated on is making
sure that we have the fractionalstuff.
That's great.
Speaker 1 (41:44):
Well, it's always
interesting to talk to you, and
we are living in veryinteresting times.
It's going to be interesting.
We'll just have to wait and seewhat they're going to do with
this Fort Knox stuff and, as youpoint out, we know that they're
up to something.
We're just trying to read whatit is that they're up to, but
things are going to be changingvery quickly, and so that's one
(42:05):
of the things I like about themetals is that it gives us a
little bit of stability.
There's so much volatility init.
Jason Barker said I think metalsare the only way to hedge
against inflation.
The markets are designed now totake from the masses and to
shift to the few.
I agree that's the plan.
You know these are the elitistand you know they're sharks out
there and just like we saw in2008, 2009,.
(42:27):
You know these people arerigging the books.
They're doing anything.
It's just nothing but outrightfraud and theft through so many
things.
So that's why I like havingsomething that is physical and
honest and has been aroundthroughout all of mankind's
history, and that's the metals.
So that's, that's no, nocounterparty risk.
Speaker 4 (42:46):
You hold that in your
hand.
If you've got crypto, you holdyour keys, but, uh, the bitcoin,
uh, you can't do what gold andsilver do.
I'm a big fan of bitcoin, butit can't exist in this dimension
.
You can't hold it in your hand.
I can't physical and silver andgold have other properties that
are outside just being amonetary metal.
So they'll always have value,and that's just.
That's just where we are david.
Uh, this there's.
(43:06):
We're the, the powers that beare accumulating and they're not
buying fang stocks.
Okay, folks, they're tellingyou and they'll tell you
everything's fine right up tothe last minute.
Okay, um, unless they want tochange the market and actually
start talking.
You and they'll tell youeverything's fine right up to
the last minute, okay, unlessthey want to change the market
and actually start talking.
You know, and giving you realinfo.
(43:28):
It's all about manipulating themarket at the end of the day
and for their advantage.
So just watch what they do, notwhat they say.
That's right.
Always keep an eye open.
Speaker 1 (43:38):
Just like the
politicians?
Speaker 4 (43:40):
Oh, absolutely, and
you know it's sad what's
happening to to us in thepartisan realm.
Uh, you know, I'm trying to.
I look, I'm like you, I if Isee something I like.
But you know, thumbs up.
Uh, you know we want to audit agovernment agency.
I'm all in for it, um, but I'malways skeptical of you know
where that power goes and youknow what what next.
You know I'm not on anyparticular team, I'm just for
(44:02):
liberty and personal sovereignty.
Speaker 1 (44:05):
Yeah, so are they
going to minimize government and
maximize governance, and Ithink that's really kind of
where they're headed.
But now you've got a programcoming up right after this one
today.
Speaker 4 (44:14):
Oh, yes, sir, I was
going to mention today's is my
500th episode of the ArterburnRadio Transmission.
I've been doing this since 2018.
It was a time I had a dailyshow, but I've whittled it down
to one day a week, so it's goingto take me a while to get to
double this or do another 500,but we're at episode 500 today,
so come over and join us.
Speaker 1 (44:33):
Well, congratulations
, that's great.
That's great.
Speaker 4 (44:36):
So, right after this
show, people can find you on
Rockfin and on Twitter, rockfinand on Twitter Rockfin and
Twitter Matt Tony Arterburn onRockfin, the America Unplugged
channel, rockfin and Rumble.
You can find us there.
We'll be live.
Speaker 1 (44:50):
Tony, thank you so
much for coming on.
I thank you for your support.
We always appreciate what youdo with this program, always
been around.
I've been talking to Tony.
As he said, his 500th show andgoing back to 2018.
I don't know, maybe that'sabout the time we started
talking, when I was still atInfowars.
So, thank you, it's always beengreat talking to you and
appreciate what you do.
It is very novel and it'salways been a pleasure to deal
(45:12):
with Tony and we have dealt withhim personally.
So thank you so much, tony.
Speaker 4 (45:16):
Thank you, Dave.