April 18, 2024 • 37 mins
Discover the gold rush that's captivating central banks worldwide as Tony Arterburn of Wise Wolf Gold reveals why nations are stockpiling the precious metal with a voracity that overshadows traditional economic indicators. From Zimbabwe's bold strategy to introduce a gold-backed currency to the BRICS nations' quest to challenge the US dollar's dominance, this episode unveils the strategic financial moves reshaping our global economy. As we unravel the implications of these developments, we find ourselves questioning the enduring confidence in not just the dollar, but in the entire framework of our monetary system.
Shift gears with us as we explore the controversial proposition of a universal tariff on imported goods coupled with the abolishment of corporate income tax. Could these policies reignite domestic production and bolster job growth? Join the debate as we dissect the unintended ripple effects of economic decisions on minimum wage, privacy, and personal freedom in a rapidly approaching cashless society. Tony's expertise guides us through the labyrinth of gold investment strategies, stressing the necessity for adaptability and preparedness in the face of potential systemic financial risks and the whispers of a monetary reset that could redefine the value of money as we know it.
Wrap up your financial foresight with a deep dive into the burgeoning adoption of gold and silver as tangible assets. Tony Arterburn illuminates investment strategies that are becoming increasingly relevant as more states eliminate sales taxes on precious metals. We discuss the innovative goldback notes and the importance of divisible gold investments in maintaining purchasing power amidst economic uncertainty. As we close this chapter, remember the importance of diligence and critical thinking when navigating the world of precious metals to ensure you're partnering with trustworthy dealers in these transformative times.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
Okay, and joining us now is Tony Arterman, and he has
Wise Wolf Gold.
He set up DavidKnight Gold totake you there and let him know
that you've come through us, andright now, gold is at the
center of everything, isn't it,tony?
It's amazing to see everybodyturning to gold.
We've even got the president ofEl Salvador, who has been very
heavily into Bitcoin and pushingthat.
(00:25):
Now he's even actuallyembracing gold.
What's going on?
Speaker 2 (00:30):
Absolutely amazing times, david.
I just read one of the funniestheadlines was Zimbabwe has a
new gold-backed currency andthey're saying implicitly we're
not going to create morecurrency units than the gold
reserves that we have Now.
If anybody knows anything aboutZimbabwe, it was the
international joke because theyhad the trillion dollar notes of
(00:50):
fiat.
Yeah, so this is a complete 180and a departure from really
where the world's been since1971 when Richard Nixon took us
off the gold standard.
Now we have a lot of reportingcoming out.
There's major buyers that reallyyou peel down the layers, it
becomes China, and a lot ofthese gold distributors that
(01:12):
were making like one ounce goldbars for people around the world
are actually turning into kilobars and being shipped to China.
This is happening all overEurope.
I'm noticing this in mybusiness.
It's weird the price of goldcontinuing to go up, continuing
to break all-time highs, but thebuyers for large amounts of
gold in the public sphere areactually decreasing, but the
(01:34):
buyers in the larger centralbank buyers those are increasing
.
So it's a strange time.
You're seeing a lot of dealerslike me taking in a lot of buys
and those bars and all thoseounces, I believe, probably
flowing up somewhere to centralbanks and larger buyers and
institutions.
And it's really interesting,david.
(01:55):
It's across the board and it'sdriving the gold price and I
know the financial analysts areall very confused by it because
it has nothing to do really withthe markets, the Federal
Reserve and Jerome Powell'slanguage about raising rates or
lowering rates.
It isn't really moving gold.
I think that's confusing peoplebecause it's really about
global demand and it'sunprecedented global demand by
(02:17):
central banks and especiallyplayers like China.
Speaker 1 (02:21):
I kind of referenced it quickly yesterday.
I didn't read all the differentquotes, but there were about 10
different people that areinvolved with the Federal
Reserve talking about how well,you know, I don't think we're
going to move as quickly toreduce interest rates.
And all of them talking abouthow we're going to hold them
there and kind of hinting thatit's going to stay at these
rates or maybe go up.
As you've talked about many,many times, the interest rates
(02:43):
are their way of attacking gold.
They're trying.
So now they're talking about,well, we're going to keep
interest rates up and not lowerthem and that type of thing.
But that's not causing gold togo down, and you've talked about
this in the past as well.
Isn't it interesting that theykeep raising interest rates and
things like that?
And it really hasn't tankedgold.
(03:04):
And all these comments from thefederal reserve about how we're
going to keep interest ratesstrong, in other words, to keep
the dollar strong, all of thesecomments have not affected gold
whatsoever and the price of gold, as we point out, even though
it's up hitting new records allthe time we've got all the
central banks continue toaccumulate it, even though it is
hitting these record levels.
Speaker 2 (03:23):
The Federal Reserve Bank had a net loss on its
balance sheets of $948 billion.
The people that make the moneyactually lost money, and I know
that escapes the irony.
I need to talk to Nancy Pelosi,figure out how she does it and
one of the reasons why they'renet losers and they have to go
against gold, isn't it?
And the horse is out of thebarn.
You can't put this back andthis is why we talked about last
week reasons why they're netlosers and they have to be.
(03:44):
They have to go against gold,didn't it?
And the?
The horse is out of the barn.
You can't put this back andthis is why we talked about last
week.
We hit a trillion dollars indebt in this country every 90 to
100 days.
Now it's the wheels are off.
You talk about mike johnson, orwhatever his budget is.
Uh, you know, pray.
Tell mike what.
What war are you a wartimespeaker of?
(04:04):
Has this been announced?
I know it's not been voted onby Congress, but this is how
these people think.
It's unlimited.
There's a printing press.
We have it.
We're the world's reservecurrency.
You have Janet Yellen sayingthat there's $300 billion that
we've seized of Russian assetsaround the world through the
SWIFT system and other financialnetworks that we're holding,
and we've frozen assets aroundthe world through the swift
system and other financialnetworks that we're holding and
we frozen, and that's part ofthe weaponization of the dollar.
(04:27):
No wonder the world's movingaway from the dollar.
We don't.
The rules are rigged againstother countries.
If you'd mess with thehegemonic dominance of the
United States and our power,we're going to punish you.
Well, I think bricks is theanswer to that.
The bricks wants to move away.
They are moving away.
It's insane to watch it in realtime and I don't think that the
(04:53):
financial networks certainlydon't get it.
The majority of Americans don'tget it because we've always
been our lifetime we've been theworld's reserve currency.
We've had the semblance ofstability in that currency unit,
but I think that is rapidlydisappearing.
You can see how just in lookgold was $1,800 an ounce in the
last quarter of last year.
Yeah, yeah, it's close to$2,400 an ounce, and the price
(05:16):
for premiums on physical goldare even higher.
So I want to caution youraudiences.
Pay attention to this.
I don't think this is.
This has very little to do withthe actual markets.
Like it's a hot market andthere's things going to.
Stocks are up or down.
This is really outside of that,in my opinion.
Speaker 1 (05:35):
I think we saw last week, you know, we saw the stock
market get affected by this.
We saw Bitcoin get affected by.
Speaker 2 (05:40):
We didn't see gold get affected by that's the tell
the Bitcoin ETFs and, of course,there's a halving coming up
here in a few days.
Basically, every four years,the price cuts in half of what
is rewarded for miners.
That's called a Bitcoin halving.
There's a little price pullbackbefore then, but Bitcoin ETFs
there's a lot of the outflowsinto those ETFs have slowed.
(06:03):
Everything's slowed down.
The market's slowed down acrossthe board, but gold kept
climbing.
It kept going and stayingsteady.
Right now I'm looking at, it'sgreen across the board of gold
and silver.
Silver's finally starting tohave its day.
I think and I know people havebeen following silver for years
it's just so boring.
It doesn't move.
I think that's a good thing.
Honestly, it's kind of aninversion of actual value, but I
(06:26):
think there's going to be adeficit this year.
David, talking about silver,there's going to be a deficit of
close to 200 million ounces andthey've been running deficits
(06:48):
for years now of the actualabove-ground stock versus what
gets put into the actualcirculation and what is the
demand for physical silver.
We're seeing a disparity there,A lot of things happening and
again it's not going to end wellfor those who control the
dollar system and I think that'sgoing to affect us and one of
the ways that I'm preparing forit is to stay outside of that
system.
Stay out as best as possible.
Have things that are withoutcounterparty risk, like gold and
(07:09):
silver, yeah absolutely nomatter what they do with
interest rates.
Speaker 1 (07:12):
What I was saying earlier in the program, one of
the guys with one of the big TeaParty organizations was saying
look, when Obama came in in 2009, we had a $10 billion deficit.
Now it's $34 trillion.
2009, we had a $10 billiondeficit.
Now it's $34 trillion.
So just think of it as theseguys stealing your credit card,
you know, and you had $10 onyour credit card and now you get
it back after Obama, trump andBiden stole your credit card for
(07:35):
several years.
Now they run up a $34,000 billon the credit card that you only
had $10 on when they stole it.
And that's what's going on.
And that's the thing thatswamps any of these
manipulations that they're doingin terms of interest rates,
because there's so many otherthings that they're doing as
well, like the sanctions thatalso mitigate against the dollar
as well.
It truly is amazing.
(07:56):
And then, when you look atinflation, biden is out there
saying you know they're handingsubsidies to companies to try to
get manufacturing here.
Out there saying you knowthey're handing subsidies to
companies to try to getmanufacturing here.
He wants to go up significantlyon tariffs for steel coming from
China.
He wants to triple them.
Trump wants to do the same typeof thing, but that's not really
.
They're not getting to the rootcause of it.
(08:17):
Why is our steel more expensive?
It's not just labor costs.
Even more important than thelabor costs are the energy costs
, and they've shut down the laststeel plant in the UK a couple
of months ago because they can'tcompete with China.
China gets cheap, dirty energy.
We get virtually no energy,they call it clean and we get
(08:42):
incredibly expensive bills andso we can't compete with them.
And it's really amazing to seesomebody like Biden, who says
absolutely no respect forindividual liberty, has no
understanding or comprehensionof free markets.
He thinks that he can fix allthis stuff that he can, you know
, add and make our electricity,our energy, incredibly rare and
(09:04):
expensive, and then solve it byputting tariffs on China.
It's just crazy.
Speaker 2 (09:10):
It absolutely is crazy and again you go back to
this is a principle of economicnationalism.
We abandoned those principlesdecades and decades ago and
really accelerating.
After World War II we opened upour markets to rebuild Japan,
to rebuild Germany.
World War II, we opened up ourmarkets to rebuild Japan, to
rebuild Germany.
And I was thinking about theChinese steel markets which was
fledgling in the 1990s.
(09:32):
It was December 11th 2001, whenGeorge W Bush gave China most
favored trading status andentered him into the WTO and
after that we lost 55,000factories and one in three
manufacturing jobs.
And of course it didn't help.
They got a lot of free steelfrom Rudolph Giuliani giving all
the World Trade Center steel toChina, getting there as fast as
possible after 9-11.
So I'm sure that helped themget some steel back into their
(09:56):
coffers.
That is a part of the programto de-industrialize the United
States and there'll be somepolitical back, you know, back
and forth and we can put atariff up, which I think tariffs
work.
I mean, all four presidents onMount Rushmore agreed on tariffs
.
All the figures on our papercurrency, from the $1 bill to
the $100 bill, all agreed ontariffs.
(10:17):
Free trade really is mostly afantasy because if every nation
on earth had economic parity,then free trade would work.
But unfortunately, what you dois you incentivize country or
companies, multinationals, toleave their country of origin,
go somewhere else and export itand push it into that market
(10:37):
because they don't want to haveto deal with regulations and
taxes and you know, any sort ofenvironmental concerns, and it's
like a Darwinian contest.
You throw these workers intoand our leaders again, so-called
leaders.
I don't think they evenunderstand what I just said.
I mean, you talk about NAFTA.
Ross Perot said it was going tobe a giant sucking sound.
(10:58):
Yeah, pretty much, and that'swhat it did.
Millions and millions of jobs.
You look at the profits ofmultinational corporations after
and after, it's up and to theright, and wages for average
Americans is is stagnant or downand, of course, when you add
(11:26):
inflation to that, david, andloss of purchasing power of your
dollar, we really are becominga, a nation where it's it's, you
know, a ruling class of haveand have nots and the middle
class is dissipating.
Oh, yeah, all that.
All that by design, though youknow again this there's always
going to be uh countries thatcompete with us.
But why don't?
Why don't we compete here?
The answer is not necessarily,uh, going after one nation at
all, like, and that's the thingis, I thought that targeted
tariffs really are kind of moreof an act of war than they are
(11:48):
any sort of economic strategy.
I mean, if you're just singlingout one particular nation.
You know Pat Buchanan, just ifwe're on the subject of tariffs
and you know if you want to lookat something that actually
would work, if you put a 25%tariff across the board on all
incoming manufacturing, justacross the board, anything
manufacturing 25% tariff acrossthe board on all incoming
manufacturing, just across theboard, anything manufacturing
25% tariff across the board andeliminated the corporate income
(12:11):
tax the internal and corporateincome tax, you would
incentivize companies to movehere, put their factories here,
employ Americans, and that wouldbe revenue neutral Not that
anybody cares about revenueanymore.
I don't even think that'sstudied.
That's right, but that's oneway you could do it.
I don't think that targeting acertain country is the way to go
, and of course, I don't thinkthey think that's the way to go
(12:32):
either.
This is a lot of posturing.
Speaker 1 (12:34):
Well, it's been their go-to weapon against us.
When we look at the China price, it's always been about piracy,
slave labor.
It's always been about piracy,slave labor.
It's been about currencymanipulation, but now it's about
and this is the other thingpeople don't talk about the new
China price.
The new China price, since theParis Climate Accord, has been
their advantage in low-costenergy, and that's going to be
(12:56):
as big as these other things,perhaps as big as them combined
the fact that they have this bigadvantage in energy.
And so he's not going to doanything to address that.
Instead, what he's going to do,by tripling tariffs on a
particular product from aparticular country, what he's
going to do is this kind of avirtue signaling.
(13:16):
You know, like Newsom,increasing the minimum wage for
people who work at certain typesof fast food restaurants.
Right, that's what they do, andwe know that that doesn't help
anybody.
You know it's followed bylayoffs, reduced hours, other
(13:36):
things like that, and inflation,and so all this stuff is going
to be followed by that as well,and so all these traditional
things are back, and they'reback, and you know they're
coming back at us big time.
You know the, the embargoes onoil and the higher energy and
all the rest of this stuff andall these other aspects of
inflation that they've built inwith low interest rates and
(13:58):
quantitative easing and printingof money and all that kind of
stuff.
But now there's other thingsthat are out there, and that's
you know.
That's also what bothers me.
I'm looking at biometricterminals that are coming out
with EU regulations.
They call it pay by face andthey want to get rid of cash.
They also want to get rid ofcredit cards.
(14:19):
Everything.
It's about you.
You will be the thing that theytrack, you will be part of the
Internet of Things, and so I'mlooking, and I've been looking
at gold for a long time.
It's just this thing that isoutside of their system,
something that is physical,something that is decentralized,
that's not under their directcontrol, and to me that is as
important as all these othereconomic issues that are
(14:40):
starting to come home to roostas well.
Speaker 2 (14:43):
I agree with that 100%.
For some reason, that made melaugh at the biometrics and
using your face bank digitalcurrency it's.
It really is an open questionof these people that stupid they
(15:11):
.
They have to.
They have to have moresophisticated simulations that
they're running, doing the math,trying to add up Like when does
when do we reach, like a youknow, a point of no return.
They have to have, they have tohave that somewhere in some
underground think tank saying,well, when you, when you hit
this number, there has to be anumber in which everything falls
(15:32):
apart and they have to do somesort of reset.
And of course, they use thatlanguage is a great reset.
And I think more and more ofthe financial networks you're
starting to see chatter all overthe place talking about a
monetary reset and when you talk, you mentioned getting outside
of the system.
David, this has nothing to dowith investment anymore.
I've talked to people all daylong and I said, look, there's
(15:54):
people like Robert Kiyosaki, whoI've followed since my early
20s.
He's calling for he'llsometimes say it's $300,000
Bitcoin, but he's also saying,look, gold could crash to $1,200
an ounce and could crashbecause so much of this is fake.
How much of the paper, how muchof it's tied to nothing and we
(16:15):
don't know.
And so I think you're going tohave to see a lot of this just
come out into the wash.
And you know, look back at thefirst quarter of 2020.
Gold went to like $1,100 anounce.
$1,200 an ounce.
Silver was like $1,100 an ounce.
$1,200 an ounce.
Silver was like $12, $13.
You couldn't get it for that.
But I am cautioning people.
I don't think this is some kindof like investment rally.
I think what you're watching issomething a lot more sinister.
(16:39):
It's something very deep.
It's much more deep than that.
It's not about markets.
It's about a complete change ofthe global order.
That's right, that's what.
That's what you're looking at.
And so when people call me andsay, well, you know what's going
to go up, I don't know.
I really don't know.
I don't know what's going to goup.
I do know where the dollar'sgoing.
It's going to digital and it'sgoing to lose whatever current
(17:02):
status it has right now.
Every day that passes, there'smore news that comes out.
Uh, that countries are movingaway, dumping the dollar again.
Let's, let's go back to this.
The federal reserve lost money.
The people that make the moneylost, almost a trillion dollars.
I mean this is insane.
So again, you can't trust thatsystem.
(17:22):
The mere fact that they can't Igo over this again and again
the mere fact that they can't Igo over this again and again the
mere fact that they can't doanything to affect the price of
gold raising, lowering, hinting,it doesn't matter, it's on its
own.
Now it's become organic, it'soutside of their control.
And you have to remember thedollar, inherently, since 1971,
(17:44):
is at war with gold.
They did a pretty good job, bythe way, of covering that up.
For a long time they went after, in my opinion, it's my opinion
, they went after the Huntfamily in the early 1980s to
make sure that nobody corneredthe silver market.
Again, that exposes them.
Because it's not that hard tocorner the physical silver
market.
I mean you could.
(18:05):
If you're an Elon Musk type orsomebody, even a mean you could.
You have a little if you're, ifyou're an Elon Musk type or
somebody, even you know, abillionaire, you could corner
the silver market.
It's not that hard.
They expose that.
And so they shut that downbecause because it made the
price of silver start reallygoing up, with $52 and 50 cents
an ounce in 1980.
So nobody did that.
And then gold, you know,cratered in the 1980s because
(18:26):
you had uh, you know, it wasmorning in america and you had
art laugher and the laughercurve, and they're going to
stimulate the economy throughdeficit spending and all this
other stuff, and so it, itlooked like that era was over.
Well, until it's not.
And then you've spent too much.
You know, again, it's atrillion dollars every 100 days.
So in my opinion, I think thatentire system is is coming apart
(18:49):
.
They're going to have to resetsomehow their war with gold it's
, it's, it's continuing.
I don't know what they're goingto do about it, but every time
the gold goes up, that you see,you know, this crate, I wouldn't
have predicted these prices sixmonths ago.
I didn't say that.
I mean, I thought we'd be inthe 2000, uh, maybe 2100 range,
but to break into the 20, that's, that's something.
(19:10):
2400 is something that I don'tthink.
Even some of the most bullishanalysts were saying that we
were going to be in here at theat this stage in 2024, david.
So something else is afoot.
Speaker 1 (19:21):
I agree.
Yeah, I also talked about a teaparty organization guy earlier.
We're talking about how it'sout of control and he's saying
you know, when you look at Trump, he looks at it like from the
standpoint of a businessman.
He says well, if you gobankrupt, you just declare
bankruptcy and you start allover again.
Well, you can't do that withthe country.
But he didn't address so whathappens when the country is
bankrupt, what happens when wecan't service the debt, for
(19:44):
example?
And what happens is theycompletely reset the financial
system.
That's where he stopped.
He didn't talk about that.
And how do they do that?
Well, they just completely wipethat out.
Here's the next new thing how dothey force people in it?
I've got an article I haven'tcovered here where somebody was
talking about well, maybe it'sgoing to be through the food
supply, maybe it'll be throughsome kind of bird flu pandemic,
(20:13):
because they're going to startregistering all the backyard
chickens and anything else likethat that people have in the UK
beginning in September.
Uh, they're telling everybodywe've got this bird flu, uh,
pandemic that's going on rightnow.
It's really serious, uh, butyou know, in three months or six
months I should say six monthswas when they said it, in six
months we're going to startregistering all this stuff.
It's like, well, if it'sserious, why don't you do it now
?
Same type of iterative, gradualcontrol that we saw throughout
the COVID pandemic.
(20:35):
They're going to start doingthat as well.
And so they said, well, so whathappens when they go in and
they say, well, we've got tokill all the chickens and
everything.
Now everybody's starving.
That's going to be a veryeffective weapon to try to force
(20:56):
people into their currency.
Right, I'll trade all this forfood.
And so when I look at gold, orwhen I look at backyard chickens
, or when I look at solar thatis off of their grid you know, I
don't like solar being used asan input into the grid, but I
like it as a system that's offto the side, that gives you
independence from the grid.
You know, you look at all thosethings and they can be very
expensive.
And it's like well, why would Ibother to have chickens and I
(21:18):
just go buy chickens or go buyeggs at the grocery store.
The same thing with the power.
Why would I spend more moneyfor a solar system than this
other stuff?
Well, it's because you'repreparing for what you think is
going to come along and that'sthe real issue.
That's as we're saying here.
That's above and beyond all ofthese financial problems that
are coming home to roost, andthat is, you know what, this
(21:41):
control mechanism that I thinkthey're going to try to get this
done by 2029.
I think it's all going tohappen in the next presidential
term, regardless of which one ofthese clowns gets a second term
absolutely wasn't it like 180different fires or planes flying
into food distribution points.
Speaker 2 (21:59):
They had two, two different planes at the, maybe
three, and there's a lot ofaccidents.
So many coincidences.
So many coincidences.
Oh, you know, you have.
You have Bill.
You have kill Gates buying upall the farmland.
Yeah, I saw a meme the otherday.
I thought it was great.
I think it was depicting therevolutionary war.
(22:20):
Maybe it was a Boston era 1770s.
It had somebody getting tarredand feathered and it said that
we need to make tax collectorsbirds again.
It reminded me of that,thinking about the backyard
chickens.
You know they will do that.
I mean, and I think all thetest models from COVID-1984 were
what will people comply?
(22:40):
And we found that out.
All you have to do is give thema Trump figure and say he's on
your side.
He's playing 4D chess.
That'll neutralize the peoplethat generally would stand up to
it.
And you were so right thismorning.
You'd be so angry if this washillary clinton.
You'd be so angry if this wasbarack obama.
But you're not, and that's themind control here, and that's
why that think we live in aworld where you just what you
(23:03):
just said is is could become areality, where they start going
after anybody who's producing ontheir own, trying to get you
under the guise of we have a, wehave a bird flu outbreak for
our own food supply and we're inthis together like they're
going after any semblance ofindependence and people would
roll over.
I think a large portion of themwould, and and again, not
(23:25):
everyone, and there's a lot ofpeople that are are awake, but
we're caught in an election yearand it means nothing.
It means nothing In my opinion.
I pay attention to it atpolitics anymore, for Sun Tzu's
maximum of know your enemy.
This is mind control.
It's psychological warfare.
That's why I pay attention toit.
But no, you're right, david.
Speaker 1 (23:47):
Well, we know our enemy.
Our enemy has made their plansclear.
They've even given us a roughtime frame in which they want to
do it, time frame where theywant to ban cars and ban other
things and all the rest of thestuff.
But, you know, when you look ata situation like Amos Miller,
for example, right, a local orneed to think about and that is
to make sure that you've gotthings that are outside of their
(24:13):
system food, energy, wealth andthings like that, like gold or
silver that is outside of theirsystem.
And then, of course, make sureat the local level that you've
got people who are not going tobe worse than the criminals at
the top.
These people have taken overour government, but you've got
people who are going to somewhatstand against that, even if
they just passively don't comply.
(24:34):
You know, if you've got peoplelike that and you've made some
preparations, that's kind of thebest that you can do on a
material, secular basis.
You know.
Certainly you know, having aconnection with God is going to
give you a foundation there.
That's going to take youthrough whatever comes.
But from a secular, materialperspective, I think the best
(24:56):
you can do is prepareindividually and then, from the
election standpoint.
If you can find any goodcandidates that are that you can
support, that's good, and ifyou can't get out of that state,
tell people.
Speaker 2 (25:10):
I do think that there will be more.
There'll be better and bettercandidates on local level
ballots.
I think so as we move forward.
It'll be a natural progression,because it takes a while.
I mean, the things that we'retalking about are years out from
being in the consciousness ofthe average, even conservative,
person that listens to talkradio.
(25:30):
We're way ahead of that andagain they might catch up.
They might not, but I think agood portion of them will.
I mean, places like Texas willhave, just because of the sheer
fact that everything's beingexposed.
You have people like Greg Abbottbusing up illegal aliens to
Martha's Vineyard for politicalstunts or taking them to
sanctuary cities and ignoringhis duty, which is to secure the
(25:54):
border in which the state hegoverns.
And he has the, he has the, theduty, has the ability, has the
power to do that and he's taskedto do that.
He does not do it, and that'sthat's the Republican Party in a
nutshell.
He'll do anything, but he'llput, he'll run any stunt, he'll
try to score any points that hecan.
But I think that runs out andagain, when it becomes so bad,
(26:16):
people just have to.
They have to figure out anotherway.
There has to be some sort ofvalve for that, and there will
be.
There'll be better and bettercandidates, but it's going to
take.
Unfortunately, the way thingswork, it has to get worse before
it gets better, and so I thinkjust right now is a good time to
prepare for change, and one ofthe best ways you can do that is
(26:36):
having backyard chickens.
I love that idea.
I've got backyard chickens,love chickens.
They produce eggs.
They have something, you know,looking at having precious
metals, cryptocurrencies,anything that's outside of the
system cash.
You know, having a little bitof cash on hand is always good.
I mean, I know I'm in theprecious metals business, but I
I think there's a multi-prongedway to just be in a better
(27:00):
position for when things, uh,get a little bit more weird as
they will.
I believe.
Speaker 1 (27:06):
Yeah, and you know it can be a little bit difficult
to find good people, but a lotof times, um, you know, if it's
somebody that's really good, theeye of Sauron will find them
and identify them for you aswell.
You've got somebody who justspeaks up at a school board
meeting.
You know the eye of Sauronfocuses on them.
That tells you right there.
You know, we know the politicsis local and they know it as
well, and so you know they'regoing to focus.
(27:27):
You see somebody who reallygets the eyeball to saran on
them.
Pay attention to that personand a lot of times those people
will move on to run for office.
We got the guy who's running forgovernor now in North Carolina.
He got elected as lieutenantgovernor last time.
He's got no background inpolitics.
He's got nothing at all on hisresume that would get him to be
(27:50):
lieutenant governor or governorin politics.
He's got nothing at all on hisresume that would get him to be
lieutenant governor or governor,except that he stood up and
took these people on in a publicforum over guns and over some
other issues like that, and thatmade him a folk hero and he's
got just general good commonsense, I think.
So now he's running forgovernor.
So sometimes you know theyfocus on somebody like that and
next thing you know they're alieutenant governor, next thing
you know they're running forgovernor.
That type of thing can happen,and so you know people can focus
(28:13):
on that.
But tell us a little bit aboutwhat's going on, as you know,
with this crazy gold market.
What's going on with Weiswolf?
Speaker 2 (28:21):
Well, a lot of exciting things going on.
Well, I tell you what, ifthings get worse, I might just
run again just for the fun of itto follow one of these
establishment guys around andmake their brain melt.
You know, just like having tohaving to face these issues.
Uh, the politicians don't likeit when you actually know more
than they do.
Yeah, um, and they, uh, theydon't like having to answer
questions, but you know whatwe're doing here and uh, just
(28:44):
coming off of, uh, I flew backfrom california.
I was out on tinfoil hat, whichwas a lot of fun, and and, um,
uh, we promoted wolf pack thereand uh, uh, sam Tripoli is, uh,
is, uh, somebody we love tosponsor and they're spreading
this around, so we're helpingmore people.
We've grown the packsignificantly.
We passed over a thousandmembers, uh, this last week,
(29:06):
which I've been.
That was been my goal for solong I could almost, I just just
get so close, but we wouldn'thit it and we finally hit 1,000.
So we have 1,000 members acrossthe country.
As you mentioned, it's likemost of the country.
Now, the states have no salestax on gold and silver bullion
and coins, and so that's greatfor us.
Yeah.
Speaker 1 (29:24):
I talked about that yesterday.
Forty-five states now have thelatest one was Kentucky overrode
the veto from Andy Beshear,this horrible Democrat governor
one of the worst.
He's almost up to the level ofWhitmer during the pandemic.
So he fought that.
But they overrode that andthere's only five left, and one
(29:46):
of them is New Jersey.
I think they'll probably dosomething to help Bob Menendez
with his gold bars there, sothat might be a shoe in there as
well.
I've got a question for youfrom a listener.
Michelle Obama asks you if youcan explain the Nevada goldbacks
who makes them and how do theywork.
Speaker 2 (30:04):
Well, there's Nevada, wyoming, new Hampshire, utah.
These states respectively havea goldback made by a mint there
that the state approves of, andthese are 24 karat gold notes.
As a matter of fact, I waslooking at Gold Telegraph's
Twitter today and Dubai has anew note from it's from the
(30:26):
government.
It's a 24 karat note.
There's going to be othercountries that do.
This is approximately'sapproximately like 0.01 gram or
something in each note.
So if you take that note andyou melt it, you're going to get
that amount of gold.
So you're walking around withnot just like a gold bar, but
it's 24-carat gold spread overthis gold.
I wish I should have had one onhand.
(30:48):
I'd go get one for you.
Speaker 1 (30:48):
And they don't have a dollar denomination on them,
because it's always changingright, so it's just a television
.
Speaker 2 (30:53):
It'll be measured in.
Yeah, they have denominations,but it's basically measured in
how much gold is in there.
So it'd go from like one tofive to tens, and so you'll have
a little bit thicker note as itgoes up.
What Wolfpack does what I diddid david is I just bought the
one denominations, the singlesand, and I just spread it over
(31:14):
the different states.
So I get all the differentstates with the one
denominations and we put thosein every single wolf pack.
Speaker 1 (31:22):
So if we say one denomination is that, is it
marked as one dollar, is itmarked as one?
You know some uh yeah, it'smarked.
Speaker 2 (31:29):
It's marked as like a dollar uh, but that's not what
it means.
Marked.
It's marked as like a dollar uh, but that's not what it means
it's.
It's kind of like how the uh,the American silver Eagles
marked as a dollar.
Speaker 1 (31:37):
Yeah, exactly, yeah, yeah, or dimes or things like
that.
You know they have a nominalvalue, but it's it's not
translatable.
Speaker 2 (31:44):
It's again, you're going to be looking at what the
conversion rate of that is andyou can look at some of the
online retailers, like JMbullion and others.
They list them for, like Ithink they're in the mid, like
$6 and 50 cents range If you buythem with a credit card or
something like that, and andwe're under the five into the
five range for them when we putthem in Wolfpack.
So, and they're not cheap.
(32:05):
They're not cheap and there'sonly a few places that you can
get them, but I think there'sgoing to be more and more of a
future for them.
It's not the best way to investin gold, but it's a great way
to have something outside of thesystem for trading, for
bartering, for smaller items.
As a matter of fact, I was goingto tell you one of the things
that I've been telling peopleright now is if you're able to
(32:26):
get gold and hold it for thelong term, one of the best
things you can do is buyfractional gold.
In my opinion because againwe're looking at the gold price
If you're able to get 10th ouncegold coins that's about the
size of a dime you can get 10thounce gold coins right now and
hold them.
You've got a divisible, becauseit's going to cost you around
$300.
(32:46):
You've got a divisible tradingpiece that you can use.
It's actually could be likethis is a week's worth of
groceries and it's in a dimesize instead of being in a in a
one ounce coin.
So if you can hold it for thelongterm and that's one of the
great things about Wolfpack iswe save you a significant amount
on items like that, whetherit's a 10, a 10th ounce and I
say one, 10th, one, 10 tenth ofan ounce bar or coin we usually
(33:10):
start putting those in the.
In the wise wolves, which isthe 500 and up, you start
getting gold in the alpha, whichis the 250.
That's the gram bars.
But some of the best ways toget fractional gold is through
Wolfpack.
Right now and I'm doinginfomercial that's one of the
best ways because we buy them inbulk and then and then beat the
other online retailerssignificantly.
Speaker 1 (33:33):
Yeah.
So I think you know, when we'retalking about these goldbacks
and stuff, you just kind ofthink of them like you would.
A Kennedy half dollar that'snot worth 50 cents anymore.
That's right.
I used to have a lot of those.
And if we go back to havingsomething that's like a gold
that's the size of a dime, andbuy a week's worth of groceries,
you go back to where it waswhen, uh, my parents were kids,
uh, where they could actuallyget a week's worth of groceries,
(33:55):
for somebody put up a meme theother day.
Speaker 2 (33:56):
I wanted to correct them but I didn't have the heart
.
But they it was uh, it shouldhave been.
They just got it wrong on whatthe bar was.
It should have been, uh, like10, 10 ounce bars of gold.
It says like 10 of these wouldhave bought you a median priced
home in the 1920s.
And then it shows in today'sworld.
It says 10 of these will buyyou a median priced home in the
(34:18):
2000s and 24.
Yes, because gold just held itsvalue.
It's the currency that wasseparated from that value and
then used, you know, over andover again and printed into
oblivion.
That's debased itself, and so,yeah, as a store of value,
gold's just a good thing to have, silver's a good thing to have.
I think silver is soundervalued and we hit a little
(34:42):
bit on that today, but it'sgoing to be like 200 million
ounces deficit this year onabove-ground supplies versus
demand.
I think there's a lot ofreckoning happening in the
commodities markets and we're,we're, we're trying to prepare
for that.
The prices are moving all overthe place, but we're, we're,
we're definitely meeting thechallenge, I think, dave.
Well, that's great.
Speaker 1 (35:03):
And and of course you can find you can get to Tony.
Go to davidknightgold.
I'll take it to wise wolf gold.
Get Tony.
Go to DavidKnight Gold, I'lltake you to Wise Wolf Gold.
Get in on the.
He's now got over 1,000 peoplewith Wolf Pack so you get in
with that buying group and thathelps you to buy smaller
quantities and get a betterprice on smaller quantities
because you're part of thebigger group there.
But he can handle gold orsilver orders at any size.
(35:27):
So I've known Tony for a longtime.
I've seen articles this lastweek, tony, where they say well,
the key thing is you got to.
Now everybody's jumping intogold thing and everybody's
paying attention to it, sothere's going to be some
scammers out there.
Make sure you're dealing withsomebody that has been around
for a while, that you know.
That's the key thing.
So thank you so much for whatyou do for us, thank you for
your support, and you've got aprogram that's coming up after
(35:49):
this program, don't you?
Speaker 2 (35:50):
Yes, sir, I'll be at 11 am Central Time.
Arterburn Radio TransmissionRockfin.
I'll be live on freeworldfm andmy Twitter.
Come join me over there.
I am the man in the big game.
Speaker 3 (36:10):
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
(36:34):
causes this dangerousinformation to spread farther.
People have to trust me.
I mean trust the science.
Wear your mask, take yourvaccine, don't ask questions.
Speaker 1 (36:55):
Using free speech to free minds.
It's the David Knight Show.
Okay, and joining us now is Tony Arterman, and he has
Wise Wolf Gold.
He set up DavidKnight Gold totake you there and let him know
that you've come through us, andright now, gold is at the
center of everything, isn't it,tony?
It's amazing to see everybodyturning to gold.
We've even got the president ofEl Salvador, who has been very
heavily into Bitcoin and pushingthat.
(00:25):
Now he's even actuallyembracing gold.
What's going on?
Speaker 2 (00:30):
Absolutely amazing times, david.
I just read one of the funniestheadlines was Zimbabwe has a
new gold-backed currency andthey're saying implicitly we're
not going to create morecurrency units than the gold
reserves that we have Now.
If anybody knows anything aboutZimbabwe, it was the
international joke because theyhad the trillion dollar notes of
(00:50):
fiat.
Yeah, so this is a complete 180and a departure from really
where the world's been since1971 when Richard Nixon took us
off the gold standard.
Now we have a lot of reportingcoming out.
There's major buyers that reallyyou peel down the layers, it
becomes China, and a lot ofthese gold distributors that
(01:12):
were making like one ounce goldbars for people around the world
are actually turning into kilobars and being shipped to China.
This is happening all overEurope.
I'm noticing this in mybusiness.
It's weird the price of goldcontinuing to go up, continuing
to break all-time highs, but thebuyers for large amounts of
gold in the public sphere areactually decreasing, but the
(01:34):
buyers in the larger centralbank buyers those are increasing
.
So it's a strange time.
You're seeing a lot of dealerslike me taking in a lot of buys
and those bars and all thoseounces, I believe, probably
flowing up somewhere to centralbanks and larger buyers and
institutions.
And it's really interesting,david.
(01:55):
It's across the board and it'sdriving the gold price and I
know the financial analysts areall very confused by it because
it has nothing to do really withthe markets, the Federal
Reserve and Jerome Powell'slanguage about raising rates or
lowering rates.
It isn't really moving gold.
I think that's confusing peoplebecause it's really about
global demand and it'sunprecedented global demand by
(02:17):
central banks and especiallyplayers like China.
Speaker 1 (02:21):
I kind of referenced it quickly yesterday.
I didn't read all the differentquotes, but there were about 10
different people that areinvolved with the Federal
Reserve talking about how well,you know, I don't think we're
going to move as quickly toreduce interest rates.
And all of them talking abouthow we're going to hold them
there and kind of hinting thatit's going to stay at these
rates or maybe go up.
As you've talked about many,many times, the interest rates
(02:43):
are their way of attacking gold.
They're trying.
So now they're talking about,well, we're going to keep
interest rates up and not lowerthem and that type of thing.
But that's not causing gold togo down, and you've talked about
this in the past as well.
Isn't it interesting that theykeep raising interest rates and
things like that?
And it really hasn't tankedgold.
(03:04):
And all these comments from thefederal reserve about how we're
going to keep interest ratesstrong, in other words, to keep
the dollar strong, all of thesecomments have not affected gold
whatsoever and the price of gold, as we point out, even though
it's up hitting new records allthe time we've got all the
central banks continue toaccumulate it, even though it is
hitting these record levels.
Speaker 2 (03:23):
The Federal Reserve Bank had a net loss on its
balance sheets of $948 billion.
The people that make the moneyactually lost money, and I know
that escapes the irony.
I need to talk to Nancy Pelosi,figure out how she does it and
one of the reasons why they'renet losers and they have to go
against gold, isn't it?
And the horse is out of thebarn.
You can't put this back andthis is why we talked about last
week reasons why they're netlosers and they have to be.
(03:44):
They have to go against gold,didn't it?
And the?
The horse is out of the barn.
You can't put this back andthis is why we talked about last
week.
We hit a trillion dollars indebt in this country every 90 to
100 days.
Now it's the wheels are off.
You talk about mike johnson, orwhatever his budget is.
Uh, you know, pray.
Tell mike what.
What war are you a wartimespeaker of?
(04:04):
Has this been announced?
I know it's not been voted onby Congress, but this is how
these people think.
It's unlimited.
There's a printing press.
We have it.
We're the world's reservecurrency.
You have Janet Yellen sayingthat there's $300 billion that
we've seized of Russian assetsaround the world through the
SWIFT system and other financialnetworks that we're holding,
and we've frozen assets aroundthe world through the swift
system and other financialnetworks that we're holding and
we frozen, and that's part ofthe weaponization of the dollar.
(04:27):
No wonder the world's movingaway from the dollar.
We don't.
The rules are rigged againstother countries.
If you'd mess with thehegemonic dominance of the
United States and our power,we're going to punish you.
Well, I think bricks is theanswer to that.
The bricks wants to move away.
They are moving away.
It's insane to watch it in realtime and I don't think that the
(04:53):
financial networks certainlydon't get it.
The majority of Americans don'tget it because we've always
been our lifetime we've been theworld's reserve currency.
We've had the semblance ofstability in that currency unit,
but I think that is rapidlydisappearing.
You can see how just in lookgold was $1,800 an ounce in the
last quarter of last year.
Yeah, yeah, it's close to$2,400 an ounce, and the price
(05:16):
for premiums on physical goldare even higher.
So I want to caution youraudiences.
Pay attention to this.
I don't think this is.
This has very little to do withthe actual markets.
Like it's a hot market andthere's things going to.
Stocks are up or down.
This is really outside of that,in my opinion.
Speaker 1 (05:35):
I think we saw last week, you know, we saw the stock
market get affected by this.
We saw Bitcoin get affected by.
Speaker 2 (05:40):
We didn't see gold get affected by that's the tell
the Bitcoin ETFs and, of course,there's a halving coming up
here in a few days.
Basically, every four years,the price cuts in half of what
is rewarded for miners.
That's called a Bitcoin halving.
There's a little price pullbackbefore then, but Bitcoin ETFs
there's a lot of the outflowsinto those ETFs have slowed.
(06:03):
Everything's slowed down.
The market's slowed down acrossthe board, but gold kept
climbing.
It kept going and stayingsteady.
Right now I'm looking at, it'sgreen across the board of gold
and silver.
Silver's finally starting tohave its day.
I think and I know people havebeen following silver for years
it's just so boring.
It doesn't move.
I think that's a good thing.
Honestly, it's kind of aninversion of actual value, but I
(06:26):
think there's going to be adeficit this year.
David, talking about silver,there's going to be a deficit of
close to 200 million ounces andthey've been running deficits
(06:48):
for years now of the actualabove-ground stock versus what
gets put into the actualcirculation and what is the
demand for physical silver.
We're seeing a disparity there,A lot of things happening and
again it's not going to end wellfor those who control the
dollar system and I think that'sgoing to affect us and one of
the ways that I'm preparing forit is to stay outside of that
system.
Stay out as best as possible.
Have things that are withoutcounterparty risk, like gold and
(07:09):
silver, yeah absolutely nomatter what they do with
interest rates.
Speaker 1 (07:12):
What I was saying earlier in the program, one of
the guys with one of the big TeaParty organizations was saying
look, when Obama came in in 2009, we had a $10 billion deficit.
Now it's $34 trillion.
2009, we had a $10 billiondeficit.
Now it's $34 trillion.
So just think of it as theseguys stealing your credit card,
you know, and you had $10 onyour credit card and now you get
it back after Obama, trump andBiden stole your credit card for
(07:35):
several years.
Now they run up a $34,000 billon the credit card that you only
had $10 on when they stole it.
And that's what's going on.
And that's the thing thatswamps any of these
manipulations that they're doingin terms of interest rates,
because there's so many otherthings that they're doing as
well, like the sanctions thatalso mitigate against the dollar
as well.
It truly is amazing.
(07:56):
And then, when you look atinflation, biden is out there
saying you know they're handingsubsidies to companies to try to
get manufacturing here.
Out there saying you knowthey're handing subsidies to
companies to try to getmanufacturing here.
He wants to go up significantlyon tariffs for steel coming from
China.
He wants to triple them.
Trump wants to do the same typeof thing, but that's not really
.
They're not getting to the rootcause of it.
(08:17):
Why is our steel more expensive?
It's not just labor costs.
Even more important than thelabor costs are the energy costs
, and they've shut down the laststeel plant in the UK a couple
of months ago because they can'tcompete with China.
China gets cheap, dirty energy.
We get virtually no energy,they call it clean and we get
(08:42):
incredibly expensive bills andso we can't compete with them.
And it's really amazing to seesomebody like Biden, who says
absolutely no respect forindividual liberty, has no
understanding or comprehensionof free markets.
He thinks that he can fix allthis stuff that he can, you know
, add and make our electricity,our energy, incredibly rare and
(09:04):
expensive, and then solve it byputting tariffs on China.
It's just crazy.
Speaker 2 (09:10):
It absolutely is crazy and again you go back to
this is a principle of economicnationalism.
We abandoned those principlesdecades and decades ago and
really accelerating.
After World War II we opened upour markets to rebuild Japan,
to rebuild Germany.
World War II, we opened up ourmarkets to rebuild Japan, to
rebuild Germany.
And I was thinking about theChinese steel markets which was
fledgling in the 1990s.
(09:32):
It was December 11th 2001, whenGeorge W Bush gave China most
favored trading status andentered him into the WTO and
after that we lost 55,000factories and one in three
manufacturing jobs.
And of course it didn't help.
They got a lot of free steelfrom Rudolph Giuliani giving all
the World Trade Center steel toChina, getting there as fast as
possible after 9-11.
So I'm sure that helped themget some steel back into their
(09:56):
coffers.
That is a part of the programto de-industrialize the United
States and there'll be somepolitical back, you know, back
and forth and we can put atariff up, which I think tariffs
work.
I mean, all four presidents onMount Rushmore agreed on tariffs
.
All the figures on our papercurrency, from the $1 bill to
the $100 bill, all agreed ontariffs.
(10:17):
Free trade really is mostly afantasy because if every nation
on earth had economic parity,then free trade would work.
But unfortunately, what you dois you incentivize country or
companies, multinationals, toleave their country of origin,
go somewhere else and export itand push it into that market
(10:37):
because they don't want to haveto deal with regulations and
taxes and you know, any sort ofenvironmental concerns, and it's
like a Darwinian contest.
You throw these workers intoand our leaders again, so-called
leaders.
I don't think they evenunderstand what I just said.
I mean, you talk about NAFTA.
Ross Perot said it was going tobe a giant sucking sound.
(10:58):
Yeah, pretty much, and that'swhat it did.
Millions and millions of jobs.
You look at the profits ofmultinational corporations after
and after, it's up and to theright, and wages for average
Americans is is stagnant or downand, of course, when you add
(11:26):
inflation to that, david, andloss of purchasing power of your
dollar, we really are becominga, a nation where it's it's, you
know, a ruling class of haveand have nots and the middle
class is dissipating.
Oh, yeah, all that.
All that by design, though youknow again this there's always
going to be uh countries thatcompete with us.
But why don't?
Why don't we compete here?
The answer is not necessarily,uh, going after one nation at
all, like, and that's the thingis, I thought that targeted
tariffs really are kind of moreof an act of war than they are
(11:48):
any sort of economic strategy.
I mean, if you're just singlingout one particular nation.
You know Pat Buchanan, just ifwe're on the subject of tariffs
and you know if you want to lookat something that actually
would work, if you put a 25%tariff across the board on all
incoming manufacturing, justacross the board, anything
manufacturing 25% tariff acrossthe board on all incoming
manufacturing, just across theboard, anything manufacturing
25% tariff across the board andeliminated the corporate income
(12:11):
tax the internal and corporateincome tax, you would
incentivize companies to movehere, put their factories here,
employ Americans, and that wouldbe revenue neutral Not that
anybody cares about revenueanymore.
I don't even think that'sstudied.
That's right, but that's oneway you could do it.
I don't think that targeting acertain country is the way to go
, and of course, I don't thinkthey think that's the way to go
(12:32):
either.
This is a lot of posturing.
Speaker 1 (12:34):
Well, it's been their go-to weapon against us.
When we look at the China price, it's always been about piracy,
slave labor.
It's always been about piracy,slave labor.
It's been about currencymanipulation, but now it's about
and this is the other thingpeople don't talk about the new
China price.
The new China price, since theParis Climate Accord, has been
their advantage in low-costenergy, and that's going to be
(12:56):
as big as these other things,perhaps as big as them combined
the fact that they have this bigadvantage in energy.
And so he's not going to doanything to address that.
Instead, what he's going to do,by tripling tariffs on a
particular product from aparticular country, what he's
going to do is this kind of avirtue signaling.
(13:16):
You know, like Newsom,increasing the minimum wage for
people who work at certain typesof fast food restaurants.
Right, that's what they do, andwe know that that doesn't help
anybody.
You know it's followed bylayoffs, reduced hours, other
(13:36):
things like that, and inflation,and so all this stuff is going
to be followed by that as well,and so all these traditional
things are back, and they'reback, and you know they're
coming back at us big time.
You know the, the embargoes onoil and the higher energy and
all the rest of this stuff andall these other aspects of
inflation that they've built inwith low interest rates and
(13:58):
quantitative easing and printingof money and all that kind of
stuff.
But now there's other thingsthat are out there, and that's
you know.
That's also what bothers me.
I'm looking at biometricterminals that are coming out
with EU regulations.
They call it pay by face andthey want to get rid of cash.
They also want to get rid ofcredit cards.
(14:19):
Everything.
It's about you.
You will be the thing that theytrack, you will be part of the
Internet of Things, and so I'mlooking, and I've been looking
at gold for a long time.
It's just this thing that isoutside of their system,
something that is physical,something that is decentralized,
that's not under their directcontrol, and to me that is as
important as all these othereconomic issues that are
(14:40):
starting to come home to roostas well.
Speaker 2 (14:43):
I agree with that 100%.
For some reason, that made melaugh at the biometrics and
using your face bank digitalcurrency it's.
It really is an open questionof these people that stupid they
(15:11):
.
They have to.
They have to have moresophisticated simulations that
they're running, doing the math,trying to add up Like when does
when do we reach, like a youknow, a point of no return.
They have to have, they have tohave that somewhere in some
underground think tank saying,well, when you, when you hit
this number, there has to be anumber in which everything falls
(15:32):
apart and they have to do somesort of reset.
And of course, they use thatlanguage is a great reset.
And I think more and more ofthe financial networks you're
starting to see chatter all overthe place talking about a
monetary reset and when you talk, you mentioned getting outside
of the system.
David, this has nothing to dowith investment anymore.
I've talked to people all daylong and I said, look, there's
(15:54):
people like Robert Kiyosaki, whoI've followed since my early
20s.
He's calling for he'llsometimes say it's $300,000
Bitcoin, but he's also saying,look, gold could crash to $1,200
an ounce and could crashbecause so much of this is fake.
How much of the paper, how muchof it's tied to nothing and we
(16:15):
don't know.
And so I think you're going tohave to see a lot of this just
come out into the wash.
And you know, look back at thefirst quarter of 2020.
Gold went to like $1,100 anounce.
$1,200 an ounce.
Silver was like $1,100 an ounce.
$1,200 an ounce.
Silver was like $12, $13.
You couldn't get it for that.
But I am cautioning people.
I don't think this is some kindof like investment rally.
I think what you're watching issomething a lot more sinister.
(16:39):
It's something very deep.
It's much more deep than that.
It's not about markets.
It's about a complete change ofthe global order.
That's right, that's what.
That's what you're looking at.
And so when people call me andsay, well, you know what's going
to go up, I don't know.
I really don't know.
I don't know what's going to goup.
I do know where the dollar'sgoing.
It's going to digital and it'sgoing to lose whatever current
(17:02):
status it has right now.
Every day that passes, there'smore news that comes out.
Uh, that countries are movingaway, dumping the dollar again.
Let's, let's go back to this.
The federal reserve lost money.
The people that make the moneylost, almost a trillion dollars.
I mean this is insane.
So again, you can't trust thatsystem.
(17:22):
The mere fact that they can't Igo over this again and again
the mere fact that they can't Igo over this again and again the
mere fact that they can't doanything to affect the price of
gold raising, lowering, hinting,it doesn't matter, it's on its
own.
Now it's become organic, it'soutside of their control.
And you have to remember thedollar, inherently, since 1971,
(17:44):
is at war with gold.
They did a pretty good job, bythe way, of covering that up.
For a long time they went after, in my opinion, it's my opinion
, they went after the Huntfamily in the early 1980s to
make sure that nobody corneredthe silver market.
Again, that exposes them.
Because it's not that hard tocorner the physical silver
market.
I mean you could.
(18:05):
If you're an Elon Musk type orsomebody, even a mean you could.
You have a little if you're, ifyou're an Elon Musk type or
somebody, even you know, abillionaire, you could corner
the silver market.
It's not that hard.
They expose that.
And so they shut that downbecause because it made the
price of silver start reallygoing up, with $52 and 50 cents
an ounce in 1980.
So nobody did that.
And then gold, you know,cratered in the 1980s because
(18:26):
you had uh, you know, it wasmorning in america and you had
art laugher and the laughercurve, and they're going to
stimulate the economy throughdeficit spending and all this
other stuff, and so it, itlooked like that era was over.
Well, until it's not.
And then you've spent too much.
You know, again, it's atrillion dollars every 100 days.
So in my opinion, I think thatentire system is is coming apart
(18:49):
.
They're going to have to resetsomehow their war with gold it's
, it's, it's continuing.
I don't know what they're goingto do about it, but every time
the gold goes up, that you see,you know, this crate, I wouldn't
have predicted these prices sixmonths ago.
I didn't say that.
I mean, I thought we'd be inthe 2000, uh, maybe 2100 range,
but to break into the 20, that's, that's something.
(19:10):
2400 is something that I don'tthink.
Even some of the most bullishanalysts were saying that we
were going to be in here at theat this stage in 2024, david.
So something else is afoot.
Speaker 1 (19:21):
I agree.
Yeah, I also talked about a teaparty organization guy earlier.
We're talking about how it'sout of control and he's saying
you know, when you look at Trump, he looks at it like from the
standpoint of a businessman.
He says well, if you gobankrupt, you just declare
bankruptcy and you start allover again.
Well, you can't do that withthe country.
But he didn't address so whathappens when the country is
bankrupt, what happens when wecan't service the debt, for
(19:44):
example?
And what happens is theycompletely reset the financial
system.
That's where he stopped.
He didn't talk about that.
And how do they do that?
Well, they just completely wipethat out.
Here's the next new thing how dothey force people in it?
I've got an article I haven'tcovered here where somebody was
talking about well, maybe it'sgoing to be through the food
supply, maybe it'll be throughsome kind of bird flu pandemic,
(20:13):
because they're going to startregistering all the backyard
chickens and anything else likethat that people have in the UK
beginning in September.
Uh, they're telling everybodywe've got this bird flu, uh,
pandemic that's going on rightnow.
It's really serious, uh, butyou know, in three months or six
months I should say six monthswas when they said it, in six
months we're going to startregistering all this stuff.
It's like, well, if it'sserious, why don't you do it now
?
Same type of iterative, gradualcontrol that we saw throughout
the COVID pandemic.
(20:35):
They're going to start doingthat as well.
And so they said, well, so whathappens when they go in and
they say, well, we've got tokill all the chickens and
everything.
Now everybody's starving.
That's going to be a veryeffective weapon to try to force
(20:56):
people into their currency.
Right, I'll trade all this forfood.
And so when I look at gold, orwhen I look at backyard chickens
, or when I look at solar thatis off of their grid you know, I
don't like solar being used asan input into the grid, but I
like it as a system that's offto the side, that gives you
independence from the grid.
You know, you look at all thosethings and they can be very
expensive.
And it's like well, why would Ibother to have chickens and I
(21:18):
just go buy chickens or go buyeggs at the grocery store.
The same thing with the power.
Why would I spend more moneyfor a solar system than this
other stuff?
Well, it's because you'repreparing for what you think is
going to come along and that'sthe real issue.
That's as we're saying here.
That's above and beyond all ofthese financial problems that
are coming home to roost, andthat is, you know what, this
(21:41):
control mechanism that I thinkthey're going to try to get this
done by 2029.
I think it's all going tohappen in the next presidential
term, regardless of which one ofthese clowns gets a second term
absolutely wasn't it like 180different fires or planes flying
into food distribution points.
Speaker 2 (21:59):
They had two, two different planes at the, maybe
three, and there's a lot ofaccidents.
So many coincidences.
So many coincidences.
Oh, you know, you have.
You have Bill.
You have kill Gates buying upall the farmland.
Yeah, I saw a meme the otherday.
I thought it was great.
I think it was depicting therevolutionary war.
(22:20):
Maybe it was a Boston era 1770s.
It had somebody getting tarredand feathered and it said that
we need to make tax collectorsbirds again.
It reminded me of that,thinking about the backyard
chickens.
You know they will do that.
I mean, and I think all thetest models from COVID-1984 were
what will people comply?
(22:40):
And we found that out.
All you have to do is give thema Trump figure and say he's on
your side.
He's playing 4D chess.
That'll neutralize the peoplethat generally would stand up to
it.
And you were so right thismorning.
You'd be so angry if this washillary clinton.
You'd be so angry if this wasbarack obama.
But you're not, and that's themind control here, and that's
why that think we live in aworld where you just what you
(23:03):
just said is is could become areality, where they start going
after anybody who's producing ontheir own, trying to get you
under the guise of we have a, wehave a bird flu outbreak for
our own food supply and we're inthis together like they're
going after any semblance ofindependence and people would
roll over.
I think a large portion of themwould, and and again, not
(23:25):
everyone, and there's a lot ofpeople that are are awake, but
we're caught in an election yearand it means nothing.
It means nothing In my opinion.
I pay attention to it atpolitics anymore, for Sun Tzu's
maximum of know your enemy.
This is mind control.
It's psychological warfare.
That's why I pay attention toit.
But no, you're right, david.
Speaker 1 (23:47):
Well, we know our enemy.
Our enemy has made their plansclear.
They've even given us a roughtime frame in which they want to
do it, time frame where theywant to ban cars and ban other
things and all the rest of thestuff.
But, you know, when you look ata situation like Amos Miller,
for example, right, a local orneed to think about and that is
to make sure that you've gotthings that are outside of their
(24:13):
system food, energy, wealth andthings like that, like gold or
silver that is outside of theirsystem.
And then, of course, make sureat the local level that you've
got people who are not going tobe worse than the criminals at
the top.
These people have taken overour government, but you've got
people who are going to somewhatstand against that, even if
they just passively don't comply.
(24:34):
You know, if you've got peoplelike that and you've made some
preparations, that's kind of thebest that you can do on a
material, secular basis.
You know.
Certainly you know, having aconnection with God is going to
give you a foundation there.
That's going to take youthrough whatever comes.
But from a secular, materialperspective, I think the best
(24:56):
you can do is prepareindividually and then, from the
election standpoint.
If you can find any goodcandidates that are that you can
support, that's good, and ifyou can't get out of that state,
tell people.
Speaker 2 (25:10):
I do think that there will be more.
There'll be better and bettercandidates on local level
ballots.
I think so as we move forward.
It'll be a natural progression,because it takes a while.
I mean, the things that we'retalking about are years out from
being in the consciousness ofthe average, even conservative,
person that listens to talkradio.
(25:30):
We're way ahead of that andagain they might catch up.
They might not, but I think agood portion of them will.
I mean, places like Texas willhave, just because of the sheer
fact that everything's beingexposed.
You have people like Greg Abbottbusing up illegal aliens to
Martha's Vineyard for politicalstunts or taking them to
sanctuary cities and ignoringhis duty, which is to secure the
(25:54):
border in which the state hegoverns.
And he has the, he has the, theduty, has the ability, has the
power to do that and he's taskedto do that.
He does not do it, and that'sthat's the Republican Party in a
nutshell.
He'll do anything, but he'llput, he'll run any stunt, he'll
try to score any points that hecan.
But I think that runs out andagain, when it becomes so bad,
(26:16):
people just have to.
They have to figure out anotherway.
There has to be some sort ofvalve for that, and there will
be.
There'll be better and bettercandidates, but it's going to
take.
Unfortunately, the way thingswork, it has to get worse before
it gets better, and so I thinkjust right now is a good time to
prepare for change, and one ofthe best ways you can do that is
(26:36):
having backyard chickens.
I love that idea.
I've got backyard chickens,love chickens.
They produce eggs.
They have something, you know,looking at having precious
metals, cryptocurrencies,anything that's outside of the
system cash.
You know, having a little bitof cash on hand is always good.
I mean, I know I'm in theprecious metals business, but I
I think there's a multi-prongedway to just be in a better
(27:00):
position for when things, uh,get a little bit more weird as
they will.
I believe.
Speaker 1 (27:06):
Yeah, and you know it can be a little bit difficult
to find good people, but a lotof times, um, you know, if it's
somebody that's really good, theeye of Sauron will find them
and identify them for you aswell.
You've got somebody who justspeaks up at a school board
meeting.
You know the eye of Sauronfocuses on them.
That tells you right there.
You know, we know the politicsis local and they know it as
well, and so you know they'regoing to focus.
(27:27):
You see somebody who reallygets the eyeball to saran on
them.
Pay attention to that personand a lot of times those people
will move on to run for office.
We got the guy who's running forgovernor now in North Carolina.
He got elected as lieutenantgovernor last time.
He's got no background inpolitics.
He's got nothing at all on hisresume that would get him to be
(27:50):
lieutenant governor or governorin politics.
He's got nothing at all on hisresume that would get him to be
lieutenant governor or governor,except that he stood up and
took these people on in a publicforum over guns and over some
other issues like that, and thatmade him a folk hero and he's
got just general good commonsense, I think.
So now he's running forgovernor.
So sometimes you know theyfocus on somebody like that and
next thing you know they're alieutenant governor, next thing
you know they're running forgovernor.
That type of thing can happen,and so you know people can focus
(28:13):
on that.
But tell us a little bit aboutwhat's going on, as you know,
with this crazy gold market.
What's going on with Weiswolf?
Speaker 2 (28:21):
Well, a lot of exciting things going on.
Well, I tell you what, ifthings get worse, I might just
run again just for the fun of itto follow one of these
establishment guys around andmake their brain melt.
You know, just like having tohaving to face these issues.
Uh, the politicians don't likeit when you actually know more
than they do.
Yeah, um, and they, uh, theydon't like having to answer
questions, but you know whatwe're doing here and uh, just
(28:44):
coming off of, uh, I flew backfrom california.
I was out on tinfoil hat, whichwas a lot of fun, and and, um,
uh, we promoted wolf pack thereand uh, uh, sam Tripoli is, uh,
is, uh, somebody we love tosponsor and they're spreading
this around, so we're helpingmore people.
We've grown the packsignificantly.
We passed over a thousandmembers, uh, this last week,
(29:06):
which I've been.
That was been my goal for solong I could almost, I just just
get so close, but we wouldn'thit it and we finally hit 1,000.
So we have 1,000 members acrossthe country.
As you mentioned, it's likemost of the country.
Now, the states have no salestax on gold and silver bullion
and coins, and so that's greatfor us.
Yeah.
Speaker 1 (29:24):
I talked about that yesterday.
Forty-five states now have thelatest one was Kentucky overrode
the veto from Andy Beshear,this horrible Democrat governor
one of the worst.
He's almost up to the level ofWhitmer during the pandemic.
So he fought that.
But they overrode that andthere's only five left, and one
(29:46):
of them is New Jersey.
I think they'll probably dosomething to help Bob Menendez
with his gold bars there, sothat might be a shoe in there as
well.
I've got a question for youfrom a listener.
Michelle Obama asks you if youcan explain the Nevada goldbacks
who makes them and how do theywork.
Speaker 2 (30:04):
Well, there's Nevada, wyoming, new Hampshire, utah.
These states respectively havea goldback made by a mint there
that the state approves of, andthese are 24 karat gold notes.
As a matter of fact, I waslooking at Gold Telegraph's
Twitter today and Dubai has anew note from it's from the
(30:26):
government.
It's a 24 karat note.
There's going to be othercountries that do.
This is approximately'sapproximately like 0.01 gram or
something in each note.
So if you take that note andyou melt it, you're going to get
that amount of gold.
So you're walking around withnot just like a gold bar, but
it's 24-carat gold spread overthis gold.
I wish I should have had one onhand.
(30:48):
I'd go get one for you.
Speaker 1 (30:48):
And they don't have a dollar denomination on them,
because it's always changingright, so it's just a television
.
Speaker 2 (30:53):
It'll be measured in.
Yeah, they have denominations,but it's basically measured in
how much gold is in there.
So it'd go from like one tofive to tens, and so you'll have
a little bit thicker note as itgoes up.
What Wolfpack does what I diddid david is I just bought the
one denominations, the singlesand, and I just spread it over
(31:14):
the different states.
So I get all the differentstates with the one
denominations and we put thosein every single wolf pack.
Speaker 1 (31:22):
So if we say one denomination is that, is it
marked as one dollar, is itmarked as one?
You know some uh yeah, it'smarked.
Speaker 2 (31:29):
It's marked as like a dollar uh, but that's not what
it means.
Marked.
It's marked as like a dollar uh, but that's not what it means
it's.
It's kind of like how the uh,the American silver Eagles
marked as a dollar.
Speaker 1 (31:37):
Yeah, exactly, yeah, yeah, or dimes or things like
that.
You know they have a nominalvalue, but it's it's not
translatable.
Speaker 2 (31:44):
It's again, you're going to be looking at what the
conversion rate of that is andyou can look at some of the
online retailers, like JMbullion and others.
They list them for, like Ithink they're in the mid, like
$6 and 50 cents range If you buythem with a credit card or
something like that, and andwe're under the five into the
five range for them when we putthem in Wolfpack.
So, and they're not cheap.
(32:05):
They're not cheap and there'sonly a few places that you can
get them, but I think there'sgoing to be more and more of a
future for them.
It's not the best way to investin gold, but it's a great way
to have something outside of thesystem for trading, for
bartering, for smaller items.
As a matter of fact, I was goingto tell you one of the things
that I've been telling peopleright now is if you're able to
(32:26):
get gold and hold it for thelong term, one of the best
things you can do is buyfractional gold.
In my opinion because againwe're looking at the gold price
If you're able to get 10th ouncegold coins that's about the
size of a dime you can get 10thounce gold coins right now and
hold them.
You've got a divisible, becauseit's going to cost you around
$300.
(32:46):
You've got a divisible tradingpiece that you can use.
It's actually could be likethis is a week's worth of
groceries and it's in a dimesize instead of being in a in a
one ounce coin.
So if you can hold it for thelongterm and that's one of the
great things about Wolfpack iswe save you a significant amount
on items like that, whetherit's a 10, a 10th ounce and I
say one, 10th, one, 10 tenth ofan ounce bar or coin we usually
(33:10):
start putting those in the.
In the wise wolves, which isthe 500 and up, you start
getting gold in the alpha, whichis the 250.
That's the gram bars.
But some of the best ways toget fractional gold is through
Wolfpack.
Right now and I'm doinginfomercial that's one of the
best ways because we buy them inbulk and then and then beat the
other online retailerssignificantly.
Speaker 1 (33:33):
Yeah.
So I think you know, when we'retalking about these goldbacks
and stuff, you just kind ofthink of them like you would.
A Kennedy half dollar that'snot worth 50 cents anymore.
That's right.
I used to have a lot of those.
And if we go back to havingsomething that's like a gold
that's the size of a dime, andbuy a week's worth of groceries,
you go back to where it waswhen, uh, my parents were kids,
uh, where they could actuallyget a week's worth of groceries,
(33:55):
for somebody put up a meme theother day.
Speaker 2 (33:56):
I wanted to correct them but I didn't have the heart
.
But they it was uh, it shouldhave been.
They just got it wrong on whatthe bar was.
It should have been, uh, like10, 10 ounce bars of gold.
It says like 10 of these wouldhave bought you a median priced
home in the 1920s.
And then it shows in today'sworld.
It says 10 of these will buyyou a median priced home in the
(34:18):
2000s and 24.
Yes, because gold just held itsvalue.
It's the currency that wasseparated from that value and
then used, you know, over andover again and printed into
oblivion.
That's debased itself, and so,yeah, as a store of value,
gold's just a good thing to have, silver's a good thing to have.
I think silver is soundervalued and we hit a little
(34:42):
bit on that today, but it'sgoing to be like 200 million
ounces deficit this year onabove-ground supplies versus
demand.
I think there's a lot ofreckoning happening in the
commodities markets and we're,we're, we're trying to prepare
for that.
The prices are moving all overthe place, but we're, we're,
we're definitely meeting thechallenge, I think, dave.
Well, that's great.
Speaker 1 (35:03):
And and of course you can find you can get to Tony.
Go to davidknightgold.
I'll take it to wise wolf gold.
Get Tony.
Go to DavidKnight Gold, I'lltake you to Wise Wolf Gold.
Get in on the.
He's now got over 1,000 peoplewith Wolf Pack so you get in
with that buying group and thathelps you to buy smaller
quantities and get a betterprice on smaller quantities
because you're part of thebigger group there.
But he can handle gold orsilver orders at any size.
(35:27):
So I've known Tony for a longtime.
I've seen articles this lastweek, tony, where they say well,
the key thing is you got to.
Now everybody's jumping intogold thing and everybody's
paying attention to it, sothere's going to be some
scammers out there.
Make sure you're dealing withsomebody that has been around
for a while, that you know.
That's the key thing.
So thank you so much for whatyou do for us, thank you for
your support, and you've got aprogram that's coming up after
(35:49):
this program, don't you?
Speaker 2 (35:50):
Yes, sir, I'll be at 11 am Central Time.
Arterburn Radio TransmissionRockfin.
I'll be live on freeworldfm andmy Twitter.
Come join me over there.
I am the man in the big game.
Speaker 3 (36:10):
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
(36:34):
causes this dangerousinformation to spread farther.
People have to trust me.
I mean trust the science.
Wear your mask, take yourvaccine, don't ask questions.
Speaker 1 (36:55):
Using free speech to free minds.
It's the David Knight Show.
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