WEBVTT 1 00:00:04.960 --> 00:00:08.599 All right. Joining us now is Tony Ardaman of Wise Wolf Gold and Silver. 2 00:00:08.839 --> 00:00:12.240 And of course you can get to Tony's website directly, or you can 3 00:00:12.279 --> 00:00:16.000 come through mine David Knight dot Gold that Tony has set up to let him 4 00:00:16.039 --> 00:00:19.879 know that you came through us and Tony as you're watching gold Boy, that's 5 00:00:19.879 --> 00:00:23.160 having its moment now, isn't it. But it's I don't think it's just 6 00:00:23.199 --> 00:00:26.800 a moment. I think it's going to be a long, longer term trend, 7 00:00:26.879 --> 00:00:31.039 isn't it. Well, it is, and yeah, this is going 8 00:00:31.079 --> 00:00:34.840 to be one of the biggest stories of our time, really, the revaluation 9 00:00:35.000 --> 00:00:39.000 of all currencies. I was looking at the history of the price of gold 10 00:00:39.039 --> 00:00:43.320 and it's you know, you go back to the nineteen forties when they established 11 00:00:43.320 --> 00:00:48.119 the gold standard Breton Woods in nineteen forty four and peg the dollar as the 12 00:00:48.119 --> 00:00:51.399 world's reserve currency is thirty five dollars an ounce, and it stays that way 13 00:00:51.920 --> 00:00:55.320 until Nixon takes us off the gold standard in August of nineteen seventy one. 14 00:00:55.320 --> 00:00:58.640 It's thirty five dollars an ounce. Of course, David, if if you 15 00:00:58.640 --> 00:01:03.119 look at the nineteen seventies, have the Nixon Shock, the inflation. People 16 00:01:03.119 --> 00:01:07.319 didn't really understand what was happening. We had inflation, but that really wasn't 17 00:01:07.359 --> 00:01:11.719 part of the American story. That never really been part of our economy before. 18 00:01:11.719 --> 00:01:15.400 And if you look at the nineteenth century, the entire nineteenth century, 19 00:01:15.400 --> 00:01:19.439 there is no inflation whatsoever. So the end of the nineteen seventies you have 20 00:01:19.480 --> 00:01:23.879 interest rates in the teens. Gold goes to eight hundred and fifty dollars an 21 00:01:23.920 --> 00:01:27.920 ounce in nineteen eighty, and we talk about silver all the time being fifty 22 00:01:27.959 --> 00:01:32.000 dollars an ounce in nineteen eighty, which is crazy, as you know, 23 00:01:32.040 --> 00:01:36.000 because the purchasing price of the dollar has plummeted since then. So we really 24 00:01:36.000 --> 00:01:38.920 don't know the true price of gold. And I have to all the experts 25 00:01:38.959 --> 00:01:44.359 and the mainstream media teleprompter readers and the financial networks that've all been wrong. 26 00:01:44.760 --> 00:01:49.560 They've all said that gold was going to go back and be under fifteen hundred 27 00:01:49.560 --> 00:01:53.680 dollars an ounce or less. That hasn't happened, even with the FED raising 28 00:01:53.760 --> 00:01:56.840 rates. And of course when you raise rates is the Federal Reserve, just 29 00:01:56.879 --> 00:02:00.319 like Paul Voker did in the nineteen seventies, it's supposed to strain from the 30 00:02:00.359 --> 00:02:05.840 dollar in theory, that's true, but the d dollarization is happening. That's 31 00:02:05.879 --> 00:02:09.000 you know, history doesn't repeat itself, but often rhymes. And you know, 32 00:02:09.039 --> 00:02:14.520 we talk about the seventies and you know O Pek and nineteen seventy nine 33 00:02:14.560 --> 00:02:19.199 you had the Ron hostage crisis four hundred and forty four days, a lot 34 00:02:19.199 --> 00:02:23.000 of that setting up, setting the stage for isn't amazing how history rhymes. 35 00:02:23.000 --> 00:02:25.719 You know, here we are rhymes. We're at we're looking at these oil 36 00:02:25.759 --> 00:02:30.439 and bargos and everything that Biden did and shutting down our domestic production and he 37 00:02:30.599 --> 00:02:32.639 was our opek, you know. But it's the same type of thing, 38 00:02:32.719 --> 00:02:36.840 sending a shock through the system. And now we got hostages and we got 39 00:02:36.840 --> 00:02:39.080 Iran and we got all this other stuff back on the back on the plate 40 00:02:39.120 --> 00:02:44.599 again. It's true. And you know, I study history. I'm not 41 00:02:44.639 --> 00:02:47.159 an expert. I'm a paratrooper who likes books. But I'll go back and 42 00:02:47.199 --> 00:02:51.800 look at history and I think, you know, these things are are alike, 43 00:02:52.439 --> 00:02:55.240 but we are in completely different times. You can't really go by the 44 00:02:55.280 --> 00:02:59.560 past because you know, you look at nineteen seventy nine and the Ron hostage 45 00:02:59.560 --> 00:03:01.560 crisis, Like I said, it lasted four hundred and forty four days. 46 00:03:01.680 --> 00:03:07.039 There was the old embargo, you had shortages. But we live in a 47 00:03:07.240 --> 00:03:09.360 world now where there is no Soviet Union. You know, the lot of 48 00:03:09.680 --> 00:03:13.800 the there was a cold piece. Really there was a Cold War, but 49 00:03:13.840 --> 00:03:19.080 there was a cold It was held together by this East West conflict. And 50 00:03:19.120 --> 00:03:23.360 of course the Soviet Union disappeared and broke into sixteen pieces in nineteen ninety one. 51 00:03:23.000 --> 00:03:27.120 And since then, you know, the United States has gone around as 52 00:03:27.120 --> 00:03:31.479 the policeman of the world, hegemonic dominance, the dollars the world's reserve currency. 53 00:03:31.599 --> 00:03:37.159 We have forty sanctions on thirty six different countries. And then something called 54 00:03:37.199 --> 00:03:39.919 the CIA calls it blowback. I don't know why. There's a scientific term 55 00:03:40.000 --> 00:03:44.840 for, you know, your behavior comes back on you. People don't like 56 00:03:44.919 --> 00:03:49.680 dealing with bullies. And so now we're looking at a again, a d 57 00:03:49.840 --> 00:03:53.719 dollarization situation where these all these countries want to get away from US, they 58 00:03:53.759 --> 00:04:00.240 want to get away from the United States dominated economic system worldwide. David, 59 00:04:00.280 --> 00:04:03.439 I'm concerned that a lot of people You've talked about it yesterday. Your show 60 00:04:03.479 --> 00:04:11.120 was excellent yesterday talking about the warmongers in the Christian community, that really need 61 00:04:11.159 --> 00:04:15.399 to step back and and examine their behaviors and how they're looking at the world, 62 00:04:15.399 --> 00:04:20.000 how they're looking and using the United States military as an extension of their 63 00:04:20.000 --> 00:04:26.839 theology, which I think is so shortsighted. We're playing right into the hands 64 00:04:27.040 --> 00:04:30.839 of evil when we do that. And I don't think they really understand that. 65 00:04:31.240 --> 00:04:35.519 This is language when you have Hamas and Israel. This is about Iran, 66 00:04:35.920 --> 00:04:42.199 this is about the neocons. It's about the the again, the Trotsky 67 00:04:42.360 --> 00:04:46.839 neocons that control so much of our foreign policy. It's very Israel centered, 68 00:04:46.920 --> 00:04:53.560 very Middle Eastern centered. You have multinational corporations again, the energy industry it 69 00:04:53.720 --> 00:04:56.759 plays a part in this. But this has nothing, almost nothing to do 70 00:04:56.839 --> 00:05:00.839 with terrorism. It has everything to do with the global chess word. And 71 00:05:00.000 --> 00:05:04.199 uh, I don't understand it. I don't have the inside information, but 72 00:05:04.240 --> 00:05:08.439 I can tell you know if you're if you don't have a sober look at 73 00:05:08.439 --> 00:05:12.560 this, you're really going to get caught flat footed with what's going to happen 74 00:05:12.600 --> 00:05:15.240 to the economy. I'm looking at an article right now on market Watch. 75 00:05:15.399 --> 00:05:19.079 This is from two days ago. Oil could sart a record high of one 76 00:05:19.160 --> 00:05:24.839 hundred and fifty dollars if Israel hamas war escalates further, says the World Bank. 77 00:05:25.480 --> 00:05:29.720 Yeah, show yeah, listen when when when I've seen several people say 78 00:05:29.720 --> 00:05:32.160 that say it could go up fifty percent or more. Yeah, real quickly, 79 00:05:32.199 --> 00:05:34.800 real quickly, and answer me who we're talking about? Ken Hagy. 80 00:05:35.199 --> 00:05:42.319 You know he's got this uh this church meeting where he has the political uh 81 00:05:42.480 --> 00:05:47.079 ambassador from Israel there on the stage. It's like, so is this church? 82 00:05:47.240 --> 00:05:49.759 Is this politics? You know? And then he started, he gets 83 00:05:49.839 --> 00:05:54.000 up and he goes on this ran about how we got to sink Iran's ships 84 00:05:54.000 --> 00:05:55.839 and all this kind of stuff. This in the Bible. It's like, 85 00:05:55.920 --> 00:05:59.680 yeah, show me where that's in the Bible. Show me show me, 86 00:05:59.759 --> 00:06:01.360 Chad, like you said yes to show me chapter and verse. This is 87 00:06:01.399 --> 00:06:06.279 something they turned so many young people off, Yes, who are looking for 88 00:06:06.360 --> 00:06:11.560 an off ramp to the chaos in our world today. You go look at 89 00:06:11.560 --> 00:06:15.560 the hate that is on Twitter, that's on the social media, the people 90 00:06:15.560 --> 00:06:17.759 that are ramped. There's a bloodlust out there. Yes, it's playing to 91 00:06:17.800 --> 00:06:21.839 the worst parts of us, Thank gosh, David. Three and four weeks 92 00:06:21.839 --> 00:06:27.360 ago, the right was anti war. We didn't like we could see through 93 00:06:27.399 --> 00:06:30.879 the Ukraine debacle. You know, that was very much the left's war in 94 00:06:30.879 --> 00:06:34.160 Hollywood and Zelensky and I get it. I called it a Goldilocks situation. 95 00:06:34.319 --> 00:06:38.399 Now you've got the right, they've got two wars. They've got us right 96 00:06:38.399 --> 00:06:42.600 where they want us. And this is going to lead to the again, 97 00:06:42.639 --> 00:06:46.519 the reshuffling of the grand chest border of the globe. And I don't think 98 00:06:46.519 --> 00:06:50.680 people understand what this really means. This is language. We're left out of 99 00:06:50.680 --> 00:06:54.199 it. It's a big club. Weing in it, and I would really 100 00:06:54.240 --> 00:06:57.959 be looking for a way to protect your wealth. And this is something I'm 101 00:06:57.959 --> 00:07:00.240 studying every day. It's like, how do you or just take a look 102 00:07:00.279 --> 00:07:04.480 at Johnson, speaker Johnson, he was against Ukraine before he became a member 103 00:07:04.519 --> 00:07:10.800 of the club. You know why he's in there because now he's for giving 104 00:07:10.839 --> 00:07:14.199 money to Ukraine. We got to stop Putin, and Putin is part of 105 00:07:14.199 --> 00:07:17.480 the axis of evil. And I said, well, maybe there were Maybe 106 00:07:17.519 --> 00:07:21.240 if we look at the axis of evil, maybe it is us. Maybe 107 00:07:21.279 --> 00:07:25.839 you were the ones that starting wars everywhere and demanding that we get into wars 108 00:07:25.839 --> 00:07:29.639 everywhere. It's crazy. And as you point out, you got a lot 109 00:07:29.639 --> 00:07:33.800 of people who are looking for an off ramp to this insanity, looking for 110 00:07:33.879 --> 00:07:38.800 something that has based some connection to God. And you've got so many of 111 00:07:38.839 --> 00:07:44.720 these preachers that are out there just preaching war and hate and reflecting this bloodlust 112 00:07:44.759 --> 00:07:47.000 that we see on both sides and ramping it up. You know, I 113 00:07:47.079 --> 00:07:50.279 understand that's the human response to this kind of stuff. If you look at 114 00:07:50.279 --> 00:07:56.600 the pictures of what happened in Israel that Hamas did, it gets you really 115 00:07:56.639 --> 00:07:59.759 angry, It gets you sick, makes you want to throw up, and 116 00:07:59.800 --> 00:08:01.600 they use that. They've got journalists that they bring in, they show them 117 00:08:01.639 --> 00:08:07.680 pictures of that. They showed it to media and politicians in Israel. What 118 00:08:07.800 --> 00:08:11.480 was being live streamed on the internet is it was happening, and they would 119 00:08:11.480 --> 00:08:15.600 go out in tears and throwing up. But you look at what is happening 120 00:08:15.800 --> 00:08:20.560 in Gaza now in terms of the Israeli bombing of civilians and gets the same 121 00:08:20.600 --> 00:08:26.160 reaction. So this is polarizing everybody, and it isn't like both people look 122 00:08:26.199 --> 00:08:28.839 at both of these things and wait to say, wait a minute, how 123 00:08:28.879 --> 00:08:33.360 do we get out of this escalating violent cycle of violence. I look at 124 00:08:33.399 --> 00:08:35.799 both of these things and I just say let's stop this now. But instead 125 00:08:35.799 --> 00:08:39.759 they want to draw us into it as well. They want to draw America 126 00:08:39.799 --> 00:08:43.559 into this as well. Look, and it goes back to the end of 127 00:08:43.600 --> 00:08:46.679 the nineteenth century. Had William Randolph Hurst, who told his photographer or if 128 00:08:46.799 --> 00:08:50.519 his artist, to send them down to Cuba, said you give me the 129 00:08:50.559 --> 00:08:52.840 pictures, I'll provide the war because he controlled so many of the newspapers. 130 00:08:54.639 --> 00:08:56.919 War happens every day, and I'm a veteran of three foreign wars. I 131 00:08:56.919 --> 00:09:01.639 mean, you show me a lot of horrendous, heinous, evil things that 132 00:09:01.919 --> 00:09:05.039 people do. Yes, it happens all over the world. And it's not 133 00:09:05.200 --> 00:09:09.759 just one faction. Governments do it. Terrorist organizations do it, criminals do 134 00:09:09.840 --> 00:09:16.919 it. We must repudiate and stand against all evil, all violence against innocent 135 00:09:16.000 --> 00:09:18.840 people. That's where we ought to be right now, But instead we're caught 136 00:09:18.919 --> 00:09:24.159 up in these these You know, I'm standing with so and so. You 137 00:09:24.159 --> 00:09:28.559 don't understand how all of this works. And I think that's where people really 138 00:09:28.600 --> 00:09:31.559 need to examine their hearts, especially as Christians in these times. And you've 139 00:09:31.600 --> 00:09:35.200 got people like you talked about Robert Jeffers yesterday, This guy, I mean, 140 00:09:35.200 --> 00:09:39.360 you got again, if you don't know history, then all this can 141 00:09:39.440 --> 00:09:45.519 seem like Armageddon and the apocalypse. We always have challenging times. There's really 142 00:09:46.039 --> 00:09:48.519 nothing new under the sun except the history you don't know. To quote Harry 143 00:09:48.559 --> 00:09:52.440 Truman, I mean, this is the human story. There's always war and 144 00:09:52.519 --> 00:09:56.559 famine and upheaval and evil going on, but we have to stand against it. 145 00:09:56.600 --> 00:09:58.440 Don't get caught, don't take part in the darkness, to fight the 146 00:09:58.559 --> 00:10:01.200 darkness. And I think that's what we need to be communicating to me. 147 00:10:01.240 --> 00:10:03.519 That's right, Yeah, don't become the monster. You fight. Yeah. 148 00:10:03.639 --> 00:10:07.879 It's amazing to me to see these people like Ken Hagen and Robert Jeffers and 149 00:10:07.919 --> 00:10:11.360 many others, and they'll pull out Okay, so here's my and they got 150 00:10:11.360 --> 00:10:16.480 these detailed, complicated charts that they've created out of the Book of Revelation, 151 00:10:18.279 --> 00:10:22.039 and yet they can't look at Jesus when he says, blessed other peacemakers. 152 00:10:22.080 --> 00:10:26.679 You know, take your chart and make a big sign, go in front 153 00:10:26.720 --> 00:10:31.879 of your complicated eschatology chart that says blessed are the Peacemakers. Okay, and 154 00:10:31.919 --> 00:10:37.240 throw that other one away because it's being used to deceive you, or you're 155 00:10:37.320 --> 00:10:41.320 using it to deceive other people. Throw that other chart away, and just 156 00:10:41.480 --> 00:10:46.600 go with the simple, straightforward stuff that you're going to be held responsible for. 157 00:10:46.799 --> 00:10:50.399 It just makes me disgusted to see what these people are doing. Yeah, 158 00:10:50.399 --> 00:10:54.240 he's the prince of peace. Yeah, do you follow Jesus or do 159 00:10:54.279 --> 00:10:58.080 you follow some megachurch pastor with a bloodlust. Yeah, there's a ton of 160 00:10:58.120 --> 00:11:01.159 them. I mean they want politics, they want a political connection. They 161 00:11:01.200 --> 00:11:05.360 know that's going to get that's going to get big politicians on their podium, 162 00:11:05.480 --> 00:11:07.799 and it's going to get them big audiences and all the rest of this stuff. 163 00:11:07.799 --> 00:11:11.919 That's what has happened. It's the Joel Ostein effect, but except Joel 164 00:11:11.919 --> 00:11:13.519 Austin is not. It's just going for money. He's not trying to kill 165 00:11:13.559 --> 00:11:18.519 people in Star Wars. Let's give Joel a big hand because he's not as 166 00:11:18.559 --> 00:11:20.559 bad as ken Hagy and these other guys that are out there, not as 167 00:11:20.600 --> 00:11:24.080 bad. But I guarantee if it comes to shove, they're gonna be. 168 00:11:24.759 --> 00:11:28.559 They're going to stand, and they're gonna This current foreign policy which is absolutely 169 00:11:28.559 --> 00:11:31.919 just and is short sighted, well and very short sighted, because you know, 170 00:11:33.000 --> 00:11:35.679 we don't want to lose track of the fact that what we're talking about 171 00:11:35.720 --> 00:11:41.360 is Christians is eternal, and so you know, whatever happens between people now 172 00:11:41.639 --> 00:11:43.440 on earth, or between nations, or if we get caught in a war, 173 00:11:43.519 --> 00:11:48.679 or if we get killed by these policies, that's just a small part 174 00:11:48.679 --> 00:11:52.240 of the big picture. The big picture which Joel Ostein is keeping people from 175 00:11:52.279 --> 00:11:56.600 seeing because of his greed and his love of money, is that he's keeping 176 00:11:56.600 --> 00:12:00.759 people from seeing what is actually going to be the basis of their relationship with 177 00:12:00.799 --> 00:12:03.519 God. There's salvation through Christ. Instead, it's like, you know, 178 00:12:03.559 --> 00:12:05.399 you can save money, you can give me your money, and God's going 179 00:12:05.440 --> 00:12:09.200 to give it back to you in spades. And you know, if that's 180 00:12:09.240 --> 00:12:11.840 what they're looking for, they've missed everything, missed everything. But yeah, 181 00:12:11.879 --> 00:12:16.120 it is. We do see the crimes against people. It's easier to see 182 00:12:16.120 --> 00:12:20.159 that than the crimes against God. And certainly these people are trying to After 183 00:12:20.200 --> 00:12:22.919 they tried to push us into the Jab and did push the Jab with a 184 00:12:22.919 --> 00:12:26.600 lot of people, now they're trying to push us into another war and kill 185 00:12:26.679 --> 00:12:28.919 more people, and that blood is going to be on their hands and they'll 186 00:12:28.960 --> 00:12:33.720 be responsible for that. Well, God knows your heart, he knows what 187 00:12:33.759 --> 00:12:37.759 you what you truly value. Yeah, if you if you value if you 188 00:12:37.799 --> 00:12:39.960 have a blood lust and you have a lust for power or lust for wealth 189 00:12:41.039 --> 00:12:45.559 or whatever, that's that's gonna that's gonna stay with you. I try when 190 00:12:45.559 --> 00:12:48.039 I look at all these headlines and whatever I'm going to do in my life, 191 00:12:48.039 --> 00:12:50.879 I try to be for peace. I want to I want to help 192 00:12:50.919 --> 00:12:52.840 people. I want my life to stand for that because I've been on the 193 00:12:52.840 --> 00:12:56.440 other end. Yeah, as a warrior, and uh, you know, 194 00:12:56.480 --> 00:13:01.840 took part in the Iraq War, which is an absolute criminal mistake, you 195 00:13:01.879 --> 00:13:03.720 know, pushed on the Iraqi people. If you look at what I mean, 196 00:13:03.919 --> 00:13:09.519 if you if you don't know the cost of you know, displacing millions 197 00:13:09.519 --> 00:13:13.480 of people and and and bombing people that are that are innocent, and you 198 00:13:13.519 --> 00:13:16.480 see the looks on children's faces. Have you ever been in a situation where 199 00:13:16.480 --> 00:13:18.840 you've had to help those people that you're never going to be the same? 200 00:13:22.600 --> 00:13:24.000 Wasn't it Wasn't it worth it? It was worth it? Yeah, Like 201 00:13:26.679 --> 00:13:28.960 you killed a half million kids? It was worth it. What did you 202 00:13:28.960 --> 00:13:35.240 get out? Always always these smart set like a Macnamara, Right, Uh, 203 00:13:35.360 --> 00:13:39.679 you get you get you get a you get a McNamara type. That's 204 00:13:39.840 --> 00:13:46.000 uh, you know, from the corporate America and uh again they they have 205 00:13:46.080 --> 00:13:48.759 it all. It's all on paper, fifty thousand troops to control Iraq. 206 00:13:48.840 --> 00:13:52.639 And then you know, fast forward five years later you have Congress talking about 207 00:13:52.639 --> 00:13:58.440 the surge and putting half a million right Donald, Donald Rumsfeld is another macnamara 208 00:13:58.559 --> 00:14:01.840 type, you know, when he's not pushing aspertain to be put into diet 209 00:14:01.919 --> 00:14:07.440 soda, he was pushing for another war in Iraq. So again I think, 210 00:14:09.200 --> 00:14:11.639 I think we need to step back. This is this is gonna get 211 00:14:11.799 --> 00:14:16.399 even worse as we see the Grand Chess board being reshuffled. David. Yeah, 212 00:14:16.440 --> 00:14:22.000 let's talk a little bit about monetary debasement because that is right around the 213 00:14:22.000 --> 00:14:24.320 corner. Q t our fringe finance talking about that on zero hedge. Price 214 00:14:24.360 --> 00:14:28.360 of gold is hanging in there in spite of aggressive tightening campaign by the Federal 215 00:14:28.399 --> 00:14:31.519 Reserve, which is what you keep saying, real interest rates have gone up 216 00:14:31.559 --> 00:14:33.919 quite a bit, yet Goal has not reacted the way it has in the 217 00:14:33.960 --> 00:14:39.120 past. This is a message here, a message that they can manipulate stuff, 218 00:14:39.159 --> 00:14:41.559 but only to a certain amount, right, Tony. I mean, 219 00:14:41.720 --> 00:14:46.200 this is like the you know, the analogy I think of as the you 220 00:14:46.200 --> 00:14:48.320 know, the wiley coyote runs off the cliff and he just keeps running on 221 00:14:48.360 --> 00:14:52.480 thin air until at some point he realizes that there's nothing underneath him, and 222 00:14:52.799 --> 00:14:56.840 that I think is the point that we're starting to approach here. But they're 223 00:14:56.879 --> 00:14:58.879 going to weaponize this stuff against us, and so I see it as not 224 00:15:00.240 --> 00:15:03.759 just the monetary aspects or you know, what is going to happen to the 225 00:15:03.759 --> 00:15:07.879 price of gold, but this is has a whole new dimension to it now. 226 00:15:09.120 --> 00:15:11.360 I think that is going to be a real big part of this. 227 00:15:11.399 --> 00:15:15.360 People are going to flee to something that is for real. But also it's 228 00:15:15.440 --> 00:15:18.200 just the control aspect of that which is so dangerous, and we need to 229 00:15:18.200 --> 00:15:22.879 have something to defend ourselves against that type of thing. You know, as 230 00:15:22.120 --> 00:15:26.720 one person said, gold is yesterday. Gold is for storing your wealth and 231 00:15:26.799 --> 00:15:31.000 silver is for exchanging in terms of you know, using it like a currency. 232 00:15:31.039 --> 00:15:35.240 Once it really hits the fan, and I think it's going to the 233 00:15:35.320 --> 00:15:41.120 question is how long we don't know we have a cloud and pivot currency. 234 00:15:41.200 --> 00:15:45.240 David, Yeah, that's really what it comes down to. The very few 235 00:15:45.279 --> 00:15:50.279 will benefit in the crash of the dollar. The coming crash of the world's 236 00:15:50.279 --> 00:15:52.519 reserve currency, of the dollar. And again it won't it won't go from 237 00:15:52.639 --> 00:15:56.480 king dollar to nothing, but it's going to go from king dollar to prints 238 00:15:56.559 --> 00:16:00.799 dollar to viceroy or something to be. It's not going to be as important. 239 00:16:00.799 --> 00:16:04.320 And that's going to destroy the purchasing power. Maybe it'd be dowager queen 240 00:16:04.480 --> 00:16:11.519 or something. It's a lot of queens up there. It's going to affect 241 00:16:11.360 --> 00:16:15.600 not just our all around the world. And you know, there was something 242 00:16:15.639 --> 00:16:19.279 that Lindon Johnson said. He is famously said he's his power is where power 243 00:16:19.399 --> 00:16:23.879 goes. The power is going away from the dollar. And one of the 244 00:16:23.879 --> 00:16:26.639 ways, you know, Jerald Salente says, this is when all else fails, 245 00:16:26.639 --> 00:16:30.600 they take you to war. Well, that could be what this is 246 00:16:30.639 --> 00:16:33.320 all about. You know, if you want to try to save the dollar, 247 00:16:33.399 --> 00:16:37.159 or try to save the standing United States, you start drawing lines, 248 00:16:37.200 --> 00:16:41.799 you make people make, other nations and factions choose sides. And of course 249 00:16:41.840 --> 00:16:45.799 it could be just all of an event to cull you know, certain things, 250 00:16:45.840 --> 00:16:49.279 to do some creative destruction. We don't know, but I can promise 251 00:16:49.320 --> 00:16:52.440 you the dollar is on its way out. It's not tomorrow it's not next 252 00:16:52.480 --> 00:16:57.919 week. You start looking at what the purchasing price, purchasing power diminish, 253 00:16:59.000 --> 00:17:02.759 and again, where are you going to be when that starts happening. People 254 00:17:02.840 --> 00:17:04.559 are going to they have normalcy bias. They're looking at what happened. You 255 00:17:04.559 --> 00:17:08.079 know that five years ago, ten years ago. That's important, but you're 256 00:17:08.079 --> 00:17:12.880 not really seeing the big picture, which is what you mentioned earlier. The 257 00:17:12.960 --> 00:17:18.359 Federal Reserve and Jerome pals raised rates faster than any time in history. Faster. 258 00:17:18.559 --> 00:17:22.039 I know it's been in the teens before under Vulgar in the seventies, 259 00:17:22.400 --> 00:17:26.960 but it's faster than any time in history. He's raising rates and having more 260 00:17:26.000 --> 00:17:30.559 meetings and raising rates, and again that's supposed to strengthen the dollar. So 261 00:17:30.640 --> 00:17:33.720 why isn't gold at a thousand? You know, the first time gold ever 262 00:17:33.799 --> 00:17:38.200 hit one thousand dollars, David was in two thousand and eight, and in 263 00:17:38.200 --> 00:17:42.920 twenty and eleven it hit nineteen hundred, almost two thousand. Let me right 264 00:17:44.000 --> 00:17:47.160 at two thousand in twenty and eleven. So you look at the progression of 265 00:17:47.200 --> 00:17:51.480 the price of gold. Really it's the story of the loss of purchasing power 266 00:17:51.519 --> 00:17:55.839 of the dollar right into the nineteen seventies, it's close to seven hundred eight 267 00:17:55.880 --> 00:17:59.720 hundred dollars an ounce. Again twenty and eleven, it goes to two. 268 00:18:00.119 --> 00:18:03.640 Then Berneki came out at the time, and this is just after TARP and 269 00:18:03.960 --> 00:18:08.119 the Great Recession, and he said, we bailed out these banks, we 270 00:18:08.160 --> 00:18:11.079 won't do it again because he saw the rush and people going to gold, 271 00:18:11.119 --> 00:18:15.400 not trusting the monetary system, so he said we wouldn't do that again. 272 00:18:15.680 --> 00:18:21.160 But I want to remind your audience that the total debt of the United States 273 00:18:21.200 --> 00:18:26.799 in twenty ten was ten trillion. Okay, it was. It was five 274 00:18:26.880 --> 00:18:30.440 trillion in the year two thousand, right, and it's ten trillion. So 275 00:18:30.920 --> 00:18:34.759 we're at thirty plus trillion in climbing with one hundred and was one hundred and 276 00:18:34.799 --> 00:18:38.960 forty percent of debt to GDP ratio. It's some crazy number. And so 277 00:18:40.359 --> 00:18:44.400 this is it's off the rails. We're not going back to a nice you 278 00:18:44.440 --> 00:18:48.440 know, an economy that ran like the Reagan era of the nineteen eighties where 279 00:18:48.480 --> 00:18:52.200 it's just kind of smooth sailing, or the nineteen nineties of the dot com 280 00:18:52.200 --> 00:18:56.920 era. All that's gone. You're looking at a lot of uncertainty. There's 281 00:18:56.960 --> 00:19:02.160 going to be a lot of change and the resources of the globe. That's 282 00:19:02.160 --> 00:19:04.279 why I'm looking at the price of energy and what this war in the Middle 283 00:19:04.319 --> 00:19:07.240 East is going to do. But you're absolutely right, people are moving to 284 00:19:07.279 --> 00:19:11.119 gold. So the big again, it's coming back to why is gold price? 285 00:19:11.160 --> 00:19:15.359 Why is it? Why did it break two thousand last week? Because 286 00:19:15.480 --> 00:19:19.200 the rest of the world is moving away from the dollar. Central banks are 287 00:19:19.279 --> 00:19:23.880 ordering gold at a record clip, people like Shanghai. Give you an example, 288 00:19:23.960 --> 00:19:27.680 the people in Shanghai. There's a different price for gold there. Now 289 00:19:27.720 --> 00:19:30.920 I can go on you can go to Davidnight dot gold and you hit a 290 00:19:30.920 --> 00:19:33.839 couple of links and you can find the price of gold. Or you can 291 00:19:33.880 --> 00:19:37.200 go to goldprice dot org and check it out and it's in real time. 292 00:19:37.920 --> 00:19:41.519 And I'm gonna promise you that you would think that's the global spot price, 293 00:19:41.559 --> 00:19:45.880 and it used to be except for places like Shanghai where that price and then 294 00:19:45.920 --> 00:19:48.880 add one hundred dollars and I don't even know what the next premium set is. 295 00:19:48.119 --> 00:19:51.839 So like I can't give you the price of a gold coin. Like 296 00:19:52.680 --> 00:19:56.200 here on my desk, I've got a one ounce go bar from the Australian 297 00:19:56.240 --> 00:19:59.519 Perth Mint. I don't know what that cost in Shanghai, I can tell 298 00:19:59.559 --> 00:20:03.119 you what it costs here. We're starting to see the disparity between the West 299 00:20:03.160 --> 00:20:07.200 and the physical market and the paper market. All of this is coming apart. 300 00:20:07.720 --> 00:20:10.079 So I would have I have people do your own research. Look at 301 00:20:10.079 --> 00:20:12.000 this, look at these prices, look at the disparity. The reason is 302 00:20:12.400 --> 00:20:17.759 not only are governments seeking gold, but people around the world are seeking gold, 303 00:20:18.200 --> 00:20:19.839 even here in the United States. Yeah, yeah, that's true. 304 00:20:21.279 --> 00:20:25.680 Yeah. I saw this article from the interview. It was published up on 305 00:20:25.759 --> 00:20:33.160 Bitcoin magazine, so it was about bitcoin. It was Mexican media magnet as 306 00:20:33.400 --> 00:20:41.720 Ricardo selingas Selinas rather, chairman of a big media company in Mexico, billionaire, 307 00:20:41.400 --> 00:20:47.079 and he says, buy bitcoin and sell bonds to reject inflation. But 308 00:20:47.119 --> 00:20:49.279 of course, you know when I look at it as storing a wealth, 309 00:20:49.720 --> 00:20:52.240 and that's what he says. Story your wealth and bitcoin is what he had 310 00:20:52.279 --> 00:20:56.799 to say. But when you look at that, I keep looking at it, 311 00:20:56.880 --> 00:21:00.680 and it's like, well, okay, I just don't understand it as 312 00:21:00.680 --> 00:21:03.000 well as he does. And maybe a lot of these people who think they 313 00:21:03.079 --> 00:21:06.039 understand it, maybe they don't understand it as much. As they would like 314 00:21:06.119 --> 00:21:10.400 as well, because it was a story that I had last week about a 315 00:21:10.400 --> 00:21:15.240 guy who's a billionaire. I forget which one it was, and he had 316 00:21:15.240 --> 00:21:18.920 about a million dollars that was taken out of one of his wallets and he 317 00:21:18.960 --> 00:21:22.200 didn't even know it. Some guy knew it. Some guy knew that somebody 318 00:21:22.240 --> 00:21:26.759 stole this out of his wallet because he's looking it was a big transaction and 319 00:21:26.799 --> 00:21:30.160 he's looking at large transactions, and he was able to determine he knew that 320 00:21:30.200 --> 00:21:33.640 it was this guy's wallet. So that's how public this stuff is. And 321 00:21:34.079 --> 00:21:37.359 you know, so I look at it, and it's like gold is simple, 322 00:21:37.160 --> 00:21:41.480 Gold is more private. And you know, in the future, if 323 00:21:41.519 --> 00:21:47.799 you really want to have some kind of a gray market or a black market, 324 00:21:48.079 --> 00:21:52.519 I don't see bitcoin really doing that because it's too visible. And then 325 00:21:52.559 --> 00:21:56.759 also you have people who seem like they know what's going on. You get 326 00:21:56.799 --> 00:22:00.319 tech billionaires and they're getting ripped off a million dollars at a time. That's 327 00:22:00.359 --> 00:22:02.920 the kind of stuff that concerns me. But I looked at this and I 328 00:22:02.960 --> 00:22:06.240 said, well, you know this, this Mexican billionaire, he had it. 329 00:22:06.319 --> 00:22:11.880 You look at becoming a billionaire, you know, getting some getting some 330 00:22:11.079 --> 00:22:15.839 gold, and you know, keeping that. And I'm proud imagine he probably 331 00:22:15.839 --> 00:22:18.880 does. In this bitcoin interview, he was talking about bitcoin, but I 332 00:22:18.880 --> 00:22:22.599 imagine he's probably got a lot stored in gold and silver as well, because 333 00:22:22.640 --> 00:22:25.039 again it's simpler. You can have a thief that can come in and take 334 00:22:25.079 --> 00:22:29.200 this physically, but it's a lot. Yeah, it's a lot simpler to 335 00:22:29.240 --> 00:22:30.799 deal with. It's a lot more obvious to deal with than it is the 336 00:22:30.880 --> 00:22:37.440 cryptocurrencies. I think there was an article up on Reuter's that said, will 337 00:22:37.720 --> 00:22:41.920 bitcoin replace gold with its fourteen trillion dollars market cap or whatever it is. 338 00:22:44.039 --> 00:22:45.960 No, it's not going to it. And I like I like bitcoin. 339 00:22:47.000 --> 00:22:49.079 For the record, I had some of the first Bitcoin ATMs that were in 340 00:22:49.119 --> 00:22:53.400 this country. I like bitcoin. I think it's great. I think it's 341 00:22:53.400 --> 00:22:57.839 part of this story because we're moving away. This is the era of fiat 342 00:22:57.880 --> 00:23:03.240 currency. You don't every currency on Earth for the most part is is by 343 00:23:03.319 --> 00:23:06.759 decree. It's fiat, the Latin term, you know, fiat by decree. 344 00:23:07.000 --> 00:23:08.640 There is no value in those currencies and there's going to be a big 345 00:23:08.680 --> 00:23:12.799 reset there. Gold is part of that. But gold, and again that 346 00:23:12.839 --> 00:23:19.079 billionaire would have a hard time placing an order. If billionaires, David, 347 00:23:19.079 --> 00:23:23.279 if billionaires and very very wealthy people, individuals and the countries are doing it, 348 00:23:23.279 --> 00:23:26.039 it's a little bit easier to move, you know that. You know, 349 00:23:26.079 --> 00:23:32.200 I think China bought like twenty nine tons of gold in September, some 350 00:23:32.319 --> 00:23:37.119 crazy number. But if if just billion billionaires and billionaire started buying physical gold 351 00:23:37.160 --> 00:23:41.480 and silver, there would be none. And it's it's barely available now, 352 00:23:41.920 --> 00:23:45.920 which you would think, you know, economics would kick in eventually, you 353 00:23:45.920 --> 00:23:51.200 know, just just supply and demand would drive the number up. It has 354 00:23:51.240 --> 00:23:53.480 it yet, I believe that it will. I don't know when that day 355 00:23:53.519 --> 00:23:56.279 is going to come, but I know last year there was a really big 356 00:23:56.319 --> 00:24:00.720 story. There was a h It was a woman from Texas, I believe 357 00:24:00.759 --> 00:24:04.799 she's a billionaire, went to go place an order. She thought, well, 358 00:24:04.839 --> 00:24:10.119 I'll just get you know, some pre nineteen sixty five you know, 359 00:24:10.200 --> 00:24:12.400 current US currency, the dimes, quarters and half dollars, and I think 360 00:24:12.440 --> 00:24:15.839 she got a bunch of ordered Meyrior American eagles, and it was it was 361 00:24:15.960 --> 00:24:21.440 millions and millions. She had to go through six different exchanges and the way 362 00:24:21.640 --> 00:24:23.640 time was about four or five months, to have the order fill. That 363 00:24:23.759 --> 00:24:29.279 was one order wow wow. So if it was across the board, if 364 00:24:29.559 --> 00:24:33.400 billionaire started to do that. I mean Peter Thiel a couple of years ago 365 00:24:33.519 --> 00:24:38.480 bought fifty million in gold. They recently sold it. Pallenteer, they recently 366 00:24:38.519 --> 00:24:41.799 sold it, but they had fifty million in gold bars, and they were 367 00:24:41.839 --> 00:24:45.240 kind of starting a trend. I thought I would see more of it. 368 00:24:45.640 --> 00:24:48.559 But still the market is very alluring. You can. You know, the 369 00:24:48.160 --> 00:24:56.279 millennials buy more gold than boomers or or Gen X, except that they buy 370 00:24:56.279 --> 00:24:59.839 it on paper. So there's still that way that people think they're buying gold 371 00:24:59.839 --> 00:25:03.680 that and go get an ETF and they say, well, I own gold. 372 00:25:03.359 --> 00:25:07.160 No you don't, because if you sell that ETF, they're not going 373 00:25:07.200 --> 00:25:08.720 to pay you in gold. They're going to cast you out in fiat currency. 374 00:25:08.799 --> 00:25:14.960 So really the physical is the market, but we haven't transitioned into that 375 00:25:15.039 --> 00:25:18.920 yet. People don't realize because it's this is a very niche thing. You 376 00:25:18.920 --> 00:25:22.000 know, let me talking to you every week about supply. Most people don't 377 00:25:22.039 --> 00:25:25.119 hear that. They don't understand, Like you go to your local people come 378 00:25:25.119 --> 00:25:26.359 into my shop and they think they're going to get X Y, and Z. 379 00:25:26.480 --> 00:25:29.519 They're going to get it right now, that's not how this works. 380 00:25:29.720 --> 00:25:32.519 And I tell them, even if I drive down to Dallas or I go 381 00:25:32.599 --> 00:25:34.640 to an exchange, I'm the dealer, they're going to tell me to way 382 00:25:36.000 --> 00:25:38.720 mm hmmm. Right. So I remember, you know, I had put 383 00:25:38.720 --> 00:25:45.599 that in my my IRA, aheaded in paper gold. And a few years 384 00:25:45.640 --> 00:25:48.880 ago when they started seeing some movement in the price of gold, it wasn't 385 00:25:48.880 --> 00:25:53.000 happening that much and moving in the same way or the same amount, and 386 00:25:53.039 --> 00:25:56.359 the paper gold and what is going on with that? And there's a lot 387 00:25:56.359 --> 00:25:57.480 of articles at the time, and it's like, oh wait a minute, 388 00:25:59.000 --> 00:26:02.559 it's coming through the shame high Gold exchange, and there's all these middleman and 389 00:26:02.599 --> 00:26:06.559 there's all this, you know, perhaps manipulation in the market. And you 390 00:26:06.559 --> 00:26:10.720 know, so that both gold and GLD and SLV, you know, gold 391 00:26:10.759 --> 00:26:14.519 and silver, you can get ETFs and what you're talking about with paper gold 392 00:26:14.519 --> 00:26:18.559 and paper silver, and so yeah, I mean it's of course you can 393 00:26:18.599 --> 00:26:22.200 do a metals IRA as well, and you can help people with that. 394 00:26:22.039 --> 00:26:25.440 But that was a thing that really I looked at. It's like, oh, 395 00:26:25.880 --> 00:26:27.759 that's something that's going on here that I don't like, I don't like 396 00:26:27.880 --> 00:26:33.960 derivatives left derivatives became a really dirty word in two thousand and eight. To 397 00:26:33.000 --> 00:26:37.279 me, it's like, I'm not interested in real estate derivatives, and I'm 398 00:26:37.279 --> 00:26:41.079 not interested in derivatives on top of gold or silver. But now you've got 399 00:26:41.079 --> 00:26:45.960 Goldman sax Is doing derivatives on blockchain stuff. I mean, it's just and 400 00:26:45.039 --> 00:26:49.160 derivatives on bitcoin. To me, when I start seeing stuff like that as 401 00:26:49.200 --> 00:26:52.519 an indirect level, it looks to me like, you know, there's a 402 00:26:52.519 --> 00:26:57.319 scam right around the corner. And what it comes down to is counterparty risk. 403 00:26:57.920 --> 00:27:03.799 If you hold some thing that that entity can create more of at will, 404 00:27:03.279 --> 00:27:07.839 you do not really truly hold an asset that I think that's fundamental. 405 00:27:08.160 --> 00:27:11.839 You hold it like I've got it. Here's a here's a one ounce gold 406 00:27:11.839 --> 00:27:17.079 American Eagle. This is one that David Knight dot Gold customer is. I'm 407 00:27:17.079 --> 00:27:18.200 going to be shipping this out to them soon. I was going through some 408 00:27:18.240 --> 00:27:23.119 inventory this morning. There's no counterparty risk in this. You you buy it, 409 00:27:23.200 --> 00:27:26.799 you hold it, that's your gold coin. You buy a stock, 410 00:27:29.240 --> 00:27:33.559 you're at risk for them to create more of them, especially if you if 411 00:27:33.599 --> 00:27:37.759 you hold dollars they're creating them right now. I mean it's gonna be worth 412 00:27:37.799 --> 00:27:41.839 less tomorrow. So it's something that people need to understand them. Gold is 413 00:27:41.920 --> 00:27:47.920 money, Silver is money. Everything else is debt, not just credit anymore. 414 00:27:47.920 --> 00:27:49.720 Everything else is debt. That's right. Absolutely. We'll tell us a 415 00:27:49.839 --> 00:27:56.240 bit about what's going on right now at wise wolf Gold. Well, always 416 00:27:56.279 --> 00:28:00.440 just keeping the supply chain open. Where we've got we've got we're busy, 417 00:28:00.440 --> 00:28:03.400 we've got customers. We've got two locations, Branson, Missouri and Dennis and 418 00:28:03.440 --> 00:28:07.279 Texas, and those are both our physical locations. But you can purchase from 419 00:28:07.359 --> 00:28:11.160 us nationwide. You go to David Knight dot gold. We've also got the 420 00:28:11.599 --> 00:28:17.839 wolf Pack program as low as fifty dollars a month for individuals. We can 421 00:28:17.880 --> 00:28:22.559 even get you into the wolf Cub the level level pup. It's funny. 422 00:28:22.599 --> 00:28:26.480 On my website you go to get the on Wolfpack dot Gold. We got 423 00:28:26.519 --> 00:28:30.519 wolf Cub thirty five dollars and that's for kids. And you can do one 424 00:28:30.519 --> 00:28:33.839 time purchases too. The holidays are coming up. We try to put some 425 00:28:33.440 --> 00:28:37.720 you know, interesting coins in there, smaller fractional stuff just to a lot 426 00:28:37.720 --> 00:28:41.720 of kids come into the shop and just they're just interested in coins, which 427 00:28:41.720 --> 00:28:45.680 I think is great. I wish that it's got to be very popular, 428 00:28:45.880 --> 00:28:51.359 right, very popular, Yes, very very much, very much. So. 429 00:28:51.480 --> 00:28:52.559 Yeah, so we've we've got a lot going on. I got a 430 00:28:52.559 --> 00:28:59.400 great team somehow, you know, it's God's providence, and I'm just so 431 00:28:59.599 --> 00:29:03.240 thankful. I'm humbled. It started out with me and my chocolate labrador in 432 00:29:03.359 --> 00:29:07.599 San Antonio, and somehow I've got six people. I got a whole family 433 00:29:07.640 --> 00:29:12.599 that works over here at the Branson shop, and I've got Kinsey closing deals 434 00:29:12.599 --> 00:29:15.400 and trades for me. She's runing my head trader. And then I've got 435 00:29:15.640 --> 00:29:18.319 I've got Dennison. So we're really thankful. We've got a good team. 436 00:29:18.839 --> 00:29:22.880 We're just our mission is to keep the supply chain open, to fill orders 437 00:29:23.720 --> 00:29:29.240 and to answer any questions you might have. And I would tell people I've 438 00:29:29.440 --> 00:29:32.680 been where you are. If you don't have a lot of money, I 439 00:29:32.759 --> 00:29:36.640 understand. And that's why I started wise Wolf, because I was interested in 440 00:29:36.720 --> 00:29:37.920 just getting you know, coins a little bit at the time, and I'd 441 00:29:37.920 --> 00:29:41.759 go into shops David and people would want to know how much I knew before 442 00:29:41.759 --> 00:29:45.799 they would tell me anything about the items that I wanted, I don't do 443 00:29:45.920 --> 00:29:51.440 that. I'll tell you everything I know about it. So we're really humble, 444 00:29:51.480 --> 00:29:56.000 we're glad that we get to sponsor and proud to sponsor your program. 445 00:29:56.079 --> 00:29:57.720 So go to David Night dot Gold. Thank you very much, and we 446 00:29:57.759 --> 00:30:03.480 really do appreciate your support. And I'm happy to have you as somebody that 447 00:30:03.720 --> 00:30:07.079 that we work with because I think that it is something that is important for 448 00:30:07.119 --> 00:30:12.559 people to have as part of you know, value and preparation for what is 449 00:30:12.559 --> 00:30:17.559 to come. And so I strongly believe in it, and I have no 450 00:30:17.599 --> 00:30:21.759 problem recommending it, and especially not any problem recommending you, Tony. So 451 00:30:21.799 --> 00:30:23.440 I really do appreciate it. Folks. We're going to take a quick break 452 00:30:23.480 --> 00:30:26.000 and we'll be right back. Thank you, Tony, appreciate it. Good 453 00:30:26.039 --> 00:31:06.440 talking to you. We'll be right back decoding the mainstream propaganda. It's the 454 00:31:06.680 --> 00:31:07.799 David Knight Show.