WEBVTT

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All right, and joining us now
as on almost every Thursday is Tony Rdman

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of Wise Wolf Gold and Silver.
Always a pleasure to have Tony on,

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and of course you can get gold
and silver there. He's even made it

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easy for you to go to David
Knight dot Gold and let him know that

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you're coming through us. Always great
to have you on, Tony. I

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was just looking at I knew you
were your veteran, and I was just

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looking at this fiasco and talking about
it. Yesterday the peer, the guys

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up here that one Bee had the
perfect take on it. They said,

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well, they've decided that in the
future they'll save time by just dumping three

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hundred and twenty million dollars into the
water and not building them a pier.

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Yeah, cut out the middleman to
direct go direct to the waist. That's

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right. It's kind of like that. Back in the late nineties, HBO

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had a movie starring Kelsey Grammer about
the origin story of the Bradley Fighting Vehicle.

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I don't know if you ever saw
that how this that kept getting passed

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along to new development, then that
general would retire, but they kept developing

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and developing it. And there's so
many kickbacks and all the grift and it.

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We went into the billions upon billions
just to develop this you know,

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armored personnel carrier and it was like
a boondoggle of all boon dog and it

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didn't even work at the They had
to refabricate it again and again. So

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I think that it's just you know, you talk about the what's the F

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thirty five? Oh yeah, they've
spent like a trillion dollars, so crazy

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number where they can't they can't get
anything developed on it. It's just insane

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now, I mean they just throw
it away. And that's I think that's

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part of the the fake economy and
no checks and balances. When you really

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just print out of thin air,
that's what you get. You get buildings

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that don't that shouldn't exist, in
companies that shouldn't exist, zombie corporations,

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and it just spills out into entertainment
everything. And yeah, it's all tracks

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back to the fake money because it's
all about how much money can you spend,

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how much money can you give these
people? You know, it's the

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incentives are so big and they are
so verse. What you wind up getting

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is, as a matter of fact, I haven't talked about it yet today.

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But you look at the M one
Abrams tank that is there, all

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the problems that it has. Survivability
problems are a big issue, but it's

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even got problems with sophisticated electronics when
there's condensation. It's like, what they

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didn't I mean, they've been using
it in the desert to shoot people,

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so they didn't have to worry about
condensation, I guess. But now they

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get it into U Graine where there's
some moister and it's sht this big,

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expensive, complex thing down that is
not useful at all, not fit for

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purpose. They give it the wrong
kinds of ammunition. They gave it ammunition

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like it's going to be fighting other
tanks. The way these guys are using

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it is as mobile artillery because they
don't have the ability to fight tank to

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tank or anything kind. It's a
completely different environment and it's completely not working.

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It's very very complex and a very
specific limited use. Yeah, we'll

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look at the success that they're having
with drones now. I mean these inexpensive

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things just taking out he's molty million
dollars multi billion dollar pieces of equipment.

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I think that's the future, you
know, just because you have a printing

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press. And just because you can
reach into this almost unlimited pool of funds

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and build all these things, I
don't know that that actually helps you in

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the future, especially with the asymmetrical
nonlinear warfare, that's right, and that's

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one of the things that they're talking
about. You can see the Russian tanks.

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They look like a mobile chicken coop, you know. I mean,

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they got all this makeshift wood and
wire that is stacked on top of it,

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and it looks like a piece of
garbage. But they have to do

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that because the drone attacks from above. They haven't really done that effectively yet

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with any of the m one Abrams
tanks. And so you've got this talking

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about asymmetric warfare. Ten million dollar
tank taken out by a drone that cost

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a couple of thousand dollars at most, right, And I remember there's a

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great line from one of the movies
about the Iraq War that I was in,

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and one of the soldiers says,
how are these guys in pajamas?

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You know, we're fighting guys in
pajamas over here, And he goes,

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Hey, Vietnam they had guys in
pajamas too. You got a the pajama

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because that's what I mean really just
ak forty seven's and being mobile, yeah,

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you know, not being tied down
with all the supply lines and all

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the bureaucracies. And then you know, I have to read your your your

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roe the rules of engagement. Am
I actually? Am I going to get

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arrested, you know, for for
firing back? They don't have to do

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that. And I think, you
know, that was a There's another that

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we don't learn it. The only
lesson we learned from history is that we

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do not learn from history. If
you look at the warfare of the United

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States and the last stuff fifty years
especially, that's true. Yeah, like

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everything in this in this government is
just useless, so bureaucratic that it's useless,

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so over built and overcharged that it's
useless as well. It's bloated,

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yeah right, yeah, non essential
now yeah, that's right, that's right.

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Yeah, and it's it's going to
soon be dead and bloated like a

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bunch of roadkill, I mean,
of its own accord. That's right.

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And again, you know, we
talk about this every week. This really

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is a financeial issue. You know, it's it's a financial issue because it

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goes into what you talk about the
military industrial complex, and I'm going to

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I brought on a prop this morning, and this is full disclosure. I

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heard Andy Sheckman of Miles Franklin Precious
Metals on with Robert Kiyosaki and a lot

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of us gold and silver bugs have
long talked about how much the military industrial

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complex uses silver. But there's actually
they've declassified a lot of the usage.

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And I didn't think it was as
much as you know, because you have

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the World's Silver Council and others,
they they haven't really gone into the usage.

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And I'm starting to understand a bit
now why you have this skewed silver

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price, David. And again these
are speculations on my behalf. This is

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just me doing my own research and
being in this business. But all of

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us silver bugs, goldbugs, we
always wonder why the price is silver is

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the way it is. Then you
see, you know, JP Morgan Chase,

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which is the largest holder of silver
in the world physical silver, being

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convicted of pressing the price, and
you know that's very counterintuitive. A lot

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of people don't understand why, you
know, why of an institution that holds

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this amount of silver would want the
price to go down. Well, it's

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about accumulation, but it's not only
that. And I'm starting to really think

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that it has to do with the
usage of the world's largest arms dealer,

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which is the United States of America
and the military industrial complex and its ability

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to make these weapons there is declassified. Now there's five hundred ounces of silver

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in a Tomahawk missile. Wow,
at the monster box, so I brought

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on it's even hard to pick up, even for me, but you got

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this is a monster box of silver. And of course if you're the audio

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only you can't see. This is
a giant green box. This comes from

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the Treasury, this comes from the
Mint, the US Mint, and there's

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you know, there's twenty American eagles
one ounce silver American eagles and each one

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of these tubs and there's five hundred
ounce. So this this box is what

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goes in every Tomahawk missile. So
to me, you know, we're talking

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about the gold silver ratio. Why
is it so screwed up? You know,

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from the beginning of time, as
soon as there was any kind of

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monetary policy, there's always been a
gold silver ratio. That's the amount of

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ounces of silver that it would take
to make an equal amount of ounce of

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golden value, and it's usually been
ten to twenty to one, so between

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ten to twenty to one for a
period of time. The Egyptians that it

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won to one. But let's just
fast forward to the modern era. I

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like the way you do era and
error together, because we're in an error,

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and so it was. It was
sixteen to one though, David for

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most of our history in the United
States, and that was set in place

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mostly by Alexander Hamilton and others who
formed the basis of our monetary policy,

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the biometallic standard. But there's sixteen
to one. We'd have to do the

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math, but it's probably like eighty
seven to one today. At times it's

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broken. I think during the first
quarter of the scandemic it was like it

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went to one hundred and twenty five
ounces of silver to one ounce of golden

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value. So there's there's the skewed
gold silver ratio. It's it's been very

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strange. A lot of people are
frustrated with silver. Why doesn't it go

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up? Well, ladies and gentlemen, I really think that this actually is

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a much deeper conspiracy, if you
will, than just you know, a

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big bank cornering the market. And
it probably has a lot to do with

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why the Hunts, the Hunt family, the Hunt brothers. If you go

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back to the night and we'll talk. You know, there's Jamie Demons warning

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about stagflation, you know, reminiscent
of the nineteen seventies coming back, and

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I wonder why that happened. Why
did they have a high unemployment, low

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economic growth and inflation. Why did
they have that at the same time.

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Well, you know, we didn't. We had a you know, a

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free fall from going off the gold
standard. I mean, that was one

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of the reasons. But during that
time, the Hunt family from Texas is

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they decided they were going to corner
the silver market. And you know this,

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you know this history. But they
go in, they start buying up

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physical silver with their fortune. They
had a vast oil fortun As a matter

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of fact, they owned for a
while they owned the oil rights to Libya

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before there was a certain Colonel Kadaffi
that came to power and they lost all.

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They lost all those the rights that
they would have been. They were

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one of the richest families in the
world. They would have certainly been top

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three had they retained those rights.
So they started to corner the silver market

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in right about nineteen seventy nine,
it started to have its massive peak and

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then fifty two dollars and fifty cents
and outs in nineteen eighty, but they

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were shut down and I started,
I'm starting to think that a lot of

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this has to go back to the
deep state and the military industrial complex that

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Eisenhower warned us against, and we're
just looking at I think this is a

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conspiracy to hoard the medals for themselves. So you know, your listeners,

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my listeners, take that into account
and you can go look this up for

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yourself. Think about every time you
see one of those you know, those

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reels where they're showing a missile striking
son. That's just the Tomahawk missile that

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doesn't even have to that is that's
just one area of this. And how

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you know, because silver is the
most thermo conductive metal that there is,

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right, and it's and of course
gold can do a lot of those same

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things, but it's much cheaper,
and now that it's they've incentivized, I

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believe, to keep it cheap and
that's probably why we're seeing these prices.

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So it is really amazing. I
am the more I've looked into this,

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the more I start to start have
that kind of aha moment because I've always

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wondered, you know, what was
the true reason for suppressing Well, I

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think it's our weaponry. Well,
and you look at what the corporations do,

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right that they offend their customer base. They cancel their customer base on

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the whims of government because government is
the customer. They don't have any customer

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except for government, so they want
to do everything the government wants them to

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do. It gives me an interesting
idea. You know, we talked about

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squandering of blood and treasure and war. Well, you know, the treasure

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of all this silver and these other
metals. As they blow this stuff up,

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I guess what we're doing is they're
taking our silver and we're shooting it

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into the other country. I guess
eventually somebody will go back to these battlefields

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maybe, and though with a metal
detector may think it might get rich,

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you know, And of course it's
just making it more and more scarce too.

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I mean the week last year and
I had Peter Krout on the wrote

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the Great Silver Bowl. I had
him on my show, The White as

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Welf Golden Crypto Show, and he
was telling me, he said, there

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was we had a two hundred million
ounce deficit last year. So all the

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silver that's being ordered and used and
everything from you know, you know,

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evs and solar and jewelry, and
there's two hundred million ounce deficit than what

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was mine, so they had to
take it from the above ground supply.

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He said, that's only going to
be increasing this year. So there's running

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more and more depth this thing.
I think. And you've seen the spy

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where silver broke, you know,
thirty two dollars an ounce. This is

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the first time since what two thousand, It's the highest it's been since I've

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been in business, let's put it
that way. On spot price, when

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I got into to Wisewolf in retail, it was like twenty three, and

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I think it's sometimes it's broken gotten
close to twenty nine and thirty dollars an

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ounce on spot, but no,
it's just the highest it's been since twenty

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and thirteen. And I think we're
going to only I think we're going to

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continue to see a trend because not
only is it monetarily David, where you

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know, the commodity prices are inverse
to the loss of purchasing power and a

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fiat currency. So the more the
central banks print of their own currency to

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cover down on their spending and their
bloated welfare states and all the rest,

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the more that commodities go up because
the purchasing power. I mean, this

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is a pretty simple math. But
if you make something ubiquitous like your paper

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currency, and it's there's more of
it and there's less of this thing over

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here, there's there's a lot that
factors into price. And then again this

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is an investment advice, but I
think what we're seeing worldwide is a revaluation

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of commodities. And I think even
the Shanghai Exchange, the silver on the

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Shanghai Exchange, not to mention the
gold massive premiums because I think they're starting.

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I think the world is moving away
from what we see as commodity in

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pricing in dollars. I think that's
slowly happening. We saw and that's because

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of things like the bricks Nations.
I believe Thailand is about to be admitted

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into Bricks. Wow, it's an
amazing time. We saw the Arabia course

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was and there's like twenty five other
nations that are awaiting application. So I

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think this is this. Everything is
changing. It's changing very rapidly. You

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know. The headline one of the
headlines too, Dave, I wanted to

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bring up before I forgot Zimbabwe has
deflation. Zimbabwe now has deflation. Now

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this is this is kind of a
this is a crazy upside down world because

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of this was always the joke.
You know, they had the trillion dollar

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notes and I mentioned this, but
they went to a goldback currency and the

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in coourse coming from their government.
They said they won't They're not going to

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They lie. I mean every government
lies, but they're saying their least putting

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out the press releases saying we won't
put out more notes than what we have

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in gold reserves. That's what they
say. But at least they're saying it.

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You know, we don't even talk
about we're in a free fall from

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anywhere close to having any sort of
fiscal sanity. But that's what's happening in

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Zimbabwe. Imagine that in twenty twenty
four, we are through the looking glass

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now. The place they used to
have, you know, hundreds of percent

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two hundred and fifty percent or more
inflation every year now has deflation. As

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they're trying to get it more honest. And you know, we see that

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with Venezuela as well. Right,
Venezuela had there were a basket case and

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they started embracing bitcoin to try to
you know, give some stability to their

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economy and everything. It got so
popular that they are are now banning any

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crypto mining in Venezuela because it's bringing
the grid down. And that's the other

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thing that's interesting. You know,
when you look at these external factors,

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it's not just what people want prefer
to have silver or gold or bitcoin or

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something like that, but you look
at these external factors like the way the

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military is consuming silver or you know, we'd also talk about the solar panels.

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Solar panels big consumption of silver,
and the government really wants to push

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solar panels and other things like that. So when you look at these initiatives

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from the government that are consuming these
metals, but then you also look at

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bitcoin and it's got a bit of
that as well, because the consumption issue

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there, how are we going to
sustain this? The consumption issue is the

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power and so you've got these companies
that the artificial intelligence companies who have the

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same issues as the cryptocurrency companies.
Sam Altman is out there starting a company

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that's going to start creating its own
private power grid, network of nuclear reactors

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and other things like that, so
that they can keep the crypto stuff going.

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I think it's also so they can
keep they'll have power for the government

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issues of you know, data mining
and storage and all the rest of the

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stuff on us as part of the
surveillance state. But you know, that's

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the limiting fact. There's real world
limitations to all of this stuff. And

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it doesn't just exist in a vacuum. You can't just print as much money

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as you wish, and you can't
have as much gold and silver or even

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a cryptocurrency as you wish, because
there's these issues on how you can use

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the stuff or how you can you
know, the physical limits of all these

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things. Everything's got a physical limit
in this world. It absolutely does.

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And bitcoin does take and it takes
a worldwide network, takes a lot of

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energy to keep the network up,
and and so there's an incentive if you

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are a bitcoin minor to find cheap
renewable sources of power. That's right.

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I like, what else the government's
trying to shut down the power everywhere.

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You know, it's like how do
I, how do I sustain this thing?

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And then when they come up they
start doing this, who's going to

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have access to that network? All
right? Is it going to be the

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AI companies and government? Are the
crypto miners going to be able to have

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access to that? You know,
that's an externality that's going to really affect

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that marketplace. It isn't like there
is some you know, they like to

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talk about the fact they got a
limited number of bitcoins and everything, but

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their ability to produce, to to
process a transaction is going to be somewhat

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limited. I think. I like
what El Salvador has done. They use

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a volcano. I mean they go
that's there's there's there's like hydro electric dams

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they've reopened to power the bitcoin network. It's pretty This is this is fascinating

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the turn in history. You know, China had all these miners and it

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was that was where most of the
bitcoin was mine and then China banned it

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and which is which is crazy because
they've banned it with two or three years

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ago. Those miners moved all over, you know, resettled across the globe

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and now Hong Kong has the Bitcoin
ETF that they're launching and that's supposed to

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go into be available in mainland China. So you have you have mainland China

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investors investing in bitcoin that they banned
from being mine in their home country.

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We live in unprecedented times and this
is you know, it's Bitcoin's being passed

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around. And I don't want to
stick on bitcoin too long. It's an

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interesting thing. I still buy bitcoin, I deal in bitcoin. As a

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matter of fact. We're working really
diligent, but it'll be able to take

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bitcoin on through the wolf Pack memberships
and all that. I'm working on that

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to be able to take it as
a form of payment because I do.

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I do like bitcoin, but there's
so much unknown there. Whether you know,

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you talk about the Larry Finx of
the world with black Rock, I

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had to hang a big question mark
over that because that guy's been demonizing bitcoin

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for years. He's part of the
establishment. That's me is the establishment.

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That's what the establishment is. They
hate cryptocurrency, they hate these centralization.

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Why is he pushing this? So
I have all these open questions. Of

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course he hates gold black as well. You know, well he said the

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people who are going to win are
the ones who had big population reduction,

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you know. So it's like,
yeah, that's it. Just it's a

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dead giveaway to all the people at
World Economic Forum. Yeah we got a

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uh you know, declining population is
a good thing, you know, so

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we know which sign he's on.
Well that and then they've got Blackrock and

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all these mega corporations buying up all
the residential housing, and you have Larry

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Fink coming out and saying, well, we can we can change public perception

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by you know, changing policy,
and we can push them to change behaviors.

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I think that's what I'm paraphrasing him. But he's talking about changing behaviors.

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You're absolutely this is these are open
questions. And Blackrock has come out

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and said that the developing world,
they're going after gold and putting a premium

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on gold and gold mining is actually
hurting the economies and developing economies. So

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they're like, don't do that,
you know, because it's hurting investment.

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Because the more that the more that
the world turns away from the standard fiat

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markets and goes into hard commodities,
the more these they don't have the power.

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It's like, I use that analogy
It's like tinker Bell, right,

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if you don't clap, tinker Bell
dies, And that's if you don't clap

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for the casino stock market and the
multinationals, their system starts to collapse.

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Yeah, they need you to participate
in it, that's right. Yeah,

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when you look at their suppression of
the price of silver, as you know,

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they're manipulating that. And even when
you look at what's going on with

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a dollar. You know, Biden
kicked all this stuff off, he and

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his people. I can't believe that
that's stupid. I think it's an agenda

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that they want that to happen.
And you know, you talk about the

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bricks companies or countries and uh,
you know what was it Thailand that's joining

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it. They're settling in local currencies
now they don't even have to have a

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brick currency. They're settling in local
currencies. And that's the thing that really

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concerns people in the United States.
It's one of the reasons why a lot

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of people are are going to gold
and silver. Got a comment here from

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Michelle Obama and thank you for the
tip, he says, Tony. He

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sold me enough silver to make an
anchor for an aircraft. Carrier be advised,

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you are at the tippity top of
my family's Christmas card list. So

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it's like the fact that over so
much it is finally making its move.

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But you know, gold has also
been making its move a shift. Gold

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talks about the fact that the past
five years gold has gone up eighty nine

314
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percent, the government bond and decks
has gone up zero point seven percent because

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people just don't want the government debt. And I talk about having a shortage

316
00:21:33.839 --> 00:21:37.839
of gold and silver and other things
like that, Well, there's no shortage

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of government bonds and debt is there. It's interesting. You know, the

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government incentivizes behavior if you look in
the tax code and incentivizees behavior. One

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of the things they really don't incentivize
is you have in gold and silver.

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They really don't do that. State
government sometimes too, and you see that

321
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you know where the state governments are
making gold and silver legal. If you

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if you look at the history of
precious metals pricing, gold went up two

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thousand percent in the nineteen seventies.
Silver did something very similar. It was

324
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a crazy moves from what a dollar
a dollar announce or something like that up

325
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to fifty two dollars and fifty cents
an ounce in nineteen eighty. So if

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you look at their financial planners though, what happened in nineteen seventy four that

327
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came out with these products like four
oh one ks iras, they started getting

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people access to the stock market and
other things that you know, normal people

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didn't do. Then you started having
something called a financial planner, like these

330
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financial planners get licensed to come on
board. There's a reason they did all

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that, and that was I think
you have Jamie demon coming out talking about

332
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stagflation in the nineteen seventies, but
why why did we have stagflation? Why

333
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did that even come into now that
you can throw in things like well there

334
00:22:48.839 --> 00:22:53.400
was an oil embark and you know
there was there was this oil from Opec.

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Yeah, but that didn't really that
doesn't explain all the other factors around

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on high unemployment, low economic growth, high inflation. Because right now you

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see the Federal Reserve, you know, being asked about cutting rates, you

338
00:23:08.960 --> 00:23:11.759
know, cutting rates that stimulates the
economy that well, you know, we

339
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can't really cut rates right now.
But you have stagflation. So you have

340
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all these things happening, but you
still have inflation, which is the whole

341
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thing is they need to ramp up
the economy with a rate with a rate

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lowering. They but we have inflation, so they really can't double down on

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that, David. So they're in
this really strange box. But they don't

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talk about where. And I don't
you talk about being in a strange box.

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My image of it. You know
what happened in the nineteen seventies,

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what's happening now is the end of
the movie Wizard of Oz where he's in

347
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that box underneath of the big balloon
and the inflation takes off and it goes

348
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come back, come back. I
don't know how it works. And that's

349
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that's really that's why only what these
guys are the men behind the curtain,

350
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that's really what it is. They
don't know how it works. They kick

351
00:23:56.720 --> 00:24:00.000
this thing off, they release the
inflation, and it's going to take them

352
00:24:00.039 --> 00:24:03.559
with They don't know where it's going
to take them or us either one.

353
00:24:03.960 --> 00:24:07.559
Which is funny because the Wizard of
Oz is like that allegory of the gold

354
00:24:07.599 --> 00:24:11.200
standard, and you know, the
cowardly lying is supposed to be William Jennings

355
00:24:11.200 --> 00:24:12.799
Bryan and if you you know l
Frank Baum, if you get to the

356
00:24:12.880 --> 00:24:17.759
it's the yellow brick road, and
the gold and the Emerald Palace is where

357
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the emperor or the wizard, and
that's the green back, you know.

358
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So it's it's all. There's all
these different allegories of l. Frank Bomb

359
00:24:25.680 --> 00:24:29.319
And of course at the end of
the book, Dorothy klicks or silver slippers.

360
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They're not rubies. Oh okay,
it's the silver at the end.

361
00:24:32.880 --> 00:24:36.200
Yeah, this is somebody told that
to that guy who broke into the museum

362
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there and stole those ruby slippers.
He was so stupid he thought they were

363
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real ruby slippers, and then he
got these cheap sequin things and he turned

364
00:24:42.720 --> 00:24:47.039
them back in, turned hisself in
and they took him in for to be

365
00:24:47.160 --> 00:24:49.279
remembered that. Yeah, but he
was near the end of life. He

366
00:24:49.440 --> 00:24:53.000
was in a wheelchair, of very
poor health and everything. They let them

367
00:24:53.039 --> 00:24:56.759
off lightly. But yeah, it
wasn't he wasn't even real ruby slippers.

368
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How about that. It's amazing,
It really is amazing. And you you

369
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you just hit on something I think
is really important for people to understand.

370
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There's they've created and they've created all
this other these other you know, avenues

371
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for for you to forget about what
they do to your currency every time they

372
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print, go to the printing press, and you just don't notice it as

373
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much. If you're if maybe the
stocks are growing a little bit, maybe

374
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they're they're keeping track with inflation.
Maybe not. Maybe kind of like now,

375
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how you just talked about you just
talked about how the markets and the

376
00:25:30.920 --> 00:25:34.319
bonds they're not keeping up. So
now we just reached this point where the

377
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treadmill and that's where the people are
on like that. You look at the

378
00:25:38.359 --> 00:25:41.440
I was looking at some gold mining
stocks. They haven't you know, gold's

379
00:25:41.480 --> 00:25:47.000
up like six hundred percent or some
crazy number from the for the last twenty

380
00:25:47.079 --> 00:25:51.960
years, and uh, and their
stocks haven't gone up because they're just kind

381
00:25:51.960 --> 00:25:56.359
of keeping pace with the actual stock
markets themselves and the valuations. So there's

382
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something. There's something going on.
I think people, you know, we

383
00:26:00.400 --> 00:26:04.640
tune into us every Thursday kind of
just going through the headlines on precious metals

384
00:26:04.640 --> 00:26:08.240
and commodities. But there's this is
history's happening, David. It's really exciting

385
00:26:08.240 --> 00:26:11.880
to watch. Even to the extent. Michael Marry had an article I thought

386
00:26:11.920 --> 00:26:18.079
it was interesting Forbes magazine. Steve
Forbes said that he thinks the world is

387
00:26:18.079 --> 00:26:22.880
beginning to lurch toward a gold based
monetary system. He said, despite the

388
00:26:22.920 --> 00:26:26.079
fact that historical gold standard is held
in most by most people, in universal

389
00:26:26.119 --> 00:26:32.400
contempt by economists and by financial officials. And so Michael Marry says, well,

390
00:26:32.400 --> 00:26:33.880
why is that, It says,
well, it's because the gold limits

391
00:26:33.920 --> 00:26:36.839
what the government can do. You
know, they don't like that. They

392
00:26:37.000 --> 00:26:41.200
like to be able to have complete, unrestrained control, and that brings them

393
00:26:41.240 --> 00:26:45.559
back to reality. This is something
I talked about last week, and I

394
00:26:45.599 --> 00:26:49.960
think Steve Forbes is onto something a
lot of people are wondering, what's the

395
00:26:51.000 --> 00:26:53.799
next You know, if the dollars
of the world's reserve currency, then is

396
00:26:53.799 --> 00:26:57.079
it going to be bricks that supplants
the dollar? And my answer that is

397
00:26:57.119 --> 00:27:02.279
no, It'll be gold. I
think just have the system that's been set

398
00:27:02.359 --> 00:27:06.160
up, especially since we went off
the gold standard in nineteen seventy one here

399
00:27:06.200 --> 00:27:08.680
in the United States, the gold
exchanges that have been set up, the

400
00:27:08.759 --> 00:27:15.680
universal spot price for gold being measured
through markets. I think that the world's

401
00:27:15.720 --> 00:27:19.119
reserve currency is gold now. I
think that that's where I think it's going

402
00:27:19.680 --> 00:27:23.240
to gold. It is gold.
You look at these countries like look,

403
00:27:23.680 --> 00:27:27.119
look at the currency of Russia.
Look at the Russian ruble. I would

404
00:27:27.319 --> 00:27:30.720
look at it. Tell your audience
go look at the charts of the Russian

405
00:27:30.799 --> 00:27:37.279
ruble host invasion, when they invaded
Ukraine and the sanctions were placed on by

406
00:27:37.319 --> 00:27:41.400
the Biden administration. Massive Morse.
We always sanctioned Russia, but we put

407
00:27:41.440 --> 00:27:45.960
more sanctions on. The ruble fell
for a little while, maybe about sixty

408
00:27:47.039 --> 00:27:48.960
days, and then there was some
announcements that they were going to back the

409
00:27:49.039 --> 00:27:53.799
ruble digitally was with gold. There
was so many rubles per gram. I

410
00:27:53.839 --> 00:27:57.119
forget exactly what the ratio was,
but they said they're going to do that,

411
00:27:57.240 --> 00:28:02.200
and then they started trading openly to
directly with countries around the Swift system,

412
00:28:02.240 --> 00:28:06.640
so trading gold for crude oil,
going to places like India, going

413
00:28:06.640 --> 00:28:10.400
to China doing the same thing using
their energy reserves. Then the ruble just

414
00:28:10.480 --> 00:28:15.039
rebounded and actually was stronger than it's
when the sanctions were placed on. So

415
00:28:15.319 --> 00:28:19.839
I think Russia led the way and
said you don't need the dollar, and

416
00:28:19.880 --> 00:28:25.039
they actually their foreign minister, their
finance ministers said that dollars were candy rappers

417
00:28:25.119 --> 00:28:27.799
to them. They don't even accept
them anymore. That's like I looked it

418
00:28:27.880 --> 00:28:32.000
up in Russia. That's a really
big insul like to say, something like

419
00:28:32.039 --> 00:28:36.160
a candy wrapper is like really,
really, it's trash beyond trash or something

420
00:28:36.200 --> 00:28:38.720
like that. So it's interesting.
It's interesting to see Russia led the way

421
00:28:38.720 --> 00:28:41.799
they were supposed to be, like, oh, it's going to be devastating

422
00:28:41.799 --> 00:28:45.720
for Russia. Well, no,
that the inverse happened, and you see

423
00:28:45.079 --> 00:28:48.079
rapid de dollarization. As a matter
of fact, at the beginning of the

424
00:28:48.119 --> 00:28:53.920
invasion of Ukraine by Russia, the
dollar was being used financially worldwide about fifty

425
00:28:53.920 --> 00:28:59.960
eight percent of all financial transactions.
Now we're in the low forties because all

426
00:29:00.079 --> 00:29:03.039
the countries that have dumped the dollar
after that, those sanctions that were placed

427
00:29:03.039 --> 00:29:07.079
on Russia. Of course, Jenney
Yellen too, David Jenny Yell said,

428
00:29:07.119 --> 00:29:11.519
those billions and billions that are seized
Russian assets from around the world, she

429
00:29:11.559 --> 00:29:17.680
wants to give to Ukraine. These
acts of war by these people on our

430
00:29:17.720 --> 00:29:21.759
side of the whoever, I guess
what are our leaders if you want to

431
00:29:21.799 --> 00:29:25.960
call them that, You know,
this is financial warfare. These countries are

432
00:29:25.960 --> 00:29:29.359
fighting back by creating their own systems, and I think gold really is it

433
00:29:29.400 --> 00:29:33.440
comes out on top because people run
this American empire basically kleptocrats. They're thieves.

434
00:29:33.559 --> 00:29:37.640
You know, it's government by theft. Maybe, you know, Rubyl

435
00:29:37.720 --> 00:29:40.960
is doing so well. Maybe if
they we should redo the Wizard of Ozon

436
00:29:41.000 --> 00:29:45.079
Dorothy could wear ruble slippers. I
don't know, but yeah, yeah,

437
00:29:45.160 --> 00:29:48.240
Before we end here, I got
a quote from Steve Forbes. So we

438
00:29:48.279 --> 00:29:52.880
went on to talk about it and
how it would have changed if we had

439
00:29:52.920 --> 00:29:56.559
stayed on the gold standard. You
know, for one hundred and eighty years

440
00:29:56.599 --> 00:29:59.920
we were on a gold standard,
And he said, you know, during

441
00:30:00.079 --> 00:30:03.680
that period of time, we had
the greatest long term growth in human history

442
00:30:03.720 --> 00:30:07.599
in the United States without the ravages
of price inflation. How did that happen?

443
00:30:07.759 --> 00:30:10.799
Right? And he said, and
since the greenback's link to gold was

444
00:30:10.880 --> 00:30:15.319
severed, our average historic growth rates
have fallen by about a third. Median

445
00:30:15.440 --> 00:30:21.119
household income today would be about forty
thousand dollars higher. Would you all like

446
00:30:21.119 --> 00:30:26.079
another forty thousand dollars a year if
our traditional pattern of growth for those one

447
00:30:26.160 --> 00:30:30.440
hundred and eighty years had been maintained. Nevertheless, the cost of the continual,

448
00:30:30.720 --> 00:30:37.240
the contumly and scorn for goal based
monetary system is universal. Why because

449
00:30:37.279 --> 00:30:40.960
it limits the government, but it
limits our wealth creation. You know,

450
00:30:40.960 --> 00:30:42.559
when I look at this, Tony, I think about the fact that,

451
00:30:42.839 --> 00:30:47.480
you know, we can't force the
government to adopt a personal goal standard,

452
00:30:47.880 --> 00:30:49.240
a goal standard, but we can
do that on a personal level in a

453
00:30:49.319 --> 00:30:56.559
sense. Right, especially when we
see that they are engineering the collapse of

454
00:30:56.880 --> 00:31:00.480
gold, just like they're engineering the
collapse of our energy system or food system

455
00:31:00.519 --> 00:31:04.680
and so many other things. It
is an opportunity for us to get into

456
00:31:06.319 --> 00:31:11.079
a system that is going to be
for our benefit and not for the government's

457
00:31:11.119 --> 00:31:12.960
benefit. We talk all the time
about CBDC, you know, yeah,

458
00:31:14.000 --> 00:31:18.440
that's the government certainly wants that because
it suits their purposes. Fiat currency is

459
00:31:18.440 --> 00:31:22.440
the same way. You know,
it's their control grid, and you know

460
00:31:22.480 --> 00:31:26.319
it's it's better than the CBDC,
but it is still for their benefit,

461
00:31:26.440 --> 00:31:33.119
not for ours. Right. It's
a transfer of wealth. It's the largest

462
00:31:33.119 --> 00:31:37.319
transfer of wealth in human history,
and it's it's stealth. It's the stealing

463
00:31:37.359 --> 00:31:41.160
of wealth through stealth. As a
matter of fact, if you want to

464
00:31:41.240 --> 00:31:45.759
go and get a glimpse of and
I think this is there's a there's a

465
00:31:45.880 --> 00:31:49.640
story of about a document found in
an IBM copier and in a state sale

466
00:31:49.680 --> 00:31:53.960
in nineteen eighty six. Somebody found
this copier and inside there was a document

467
00:31:55.039 --> 00:31:56.599
called Silent Weapons for Quiet War.
I don't know if you've ever heard of

468
00:31:56.599 --> 00:32:00.880
this data, but it was dated
May first, nineteen seventy nine. It's

469
00:32:00.920 --> 00:32:05.440
this weird technical manual. You can
debate whether it's real or not, but

470
00:32:05.480 --> 00:32:08.240
the fact that somebody found it in
this copyy is real. And then you

471
00:32:08.279 --> 00:32:12.880
look at the manual and it starts
to open up and it talks about money

472
00:32:12.920 --> 00:32:17.640
as energy and how they were going
to basically use it to transmute like through

473
00:32:17.920 --> 00:32:22.559
through people, like they're use their
energy against them. So that's what the

474
00:32:22.920 --> 00:32:27.160
elite do. That's it's a it's
economic alchemy. That's why I call it

475
00:32:27.240 --> 00:32:30.960
Luciferian Bankster notes. When you go
you don't have any sort of checks and

476
00:32:30.039 --> 00:32:36.039
balances like we had, and you
always have corruption in governments, folks.

477
00:32:36.079 --> 00:32:38.119
That's always going to happen. There's
always going to be uh, there's always

478
00:32:38.119 --> 00:32:43.960
shadow governments. There's always things and
people behind the scenes. But you amplify

479
00:32:44.119 --> 00:32:47.799
that by factors untold in human history. When you take it, when you

480
00:32:47.839 --> 00:32:51.519
take all this wealth and all the
things that we built, and then you

481
00:32:51.559 --> 00:32:55.039
create monopoly money around it. It's
unlimited. That's why we have that's why

482
00:32:55.079 --> 00:33:00.000
we have the state of affairs that
we have today are because they pulled them

483
00:33:00.039 --> 00:33:01.880
magic trick. And again I go
back and look at you know, silent

484
00:33:01.920 --> 00:33:06.119
weapons required words. It's an interesting
read. You can decide for yourself what

485
00:33:06.200 --> 00:33:10.319
you think it is. But there
was I think that's the explanation of that

486
00:33:10.440 --> 00:33:15.960
is being able to use people as
like energy devices and usual these use the

487
00:33:15.440 --> 00:33:21.200
money or the currency as a way
to extract from them. You know,

488
00:33:21.920 --> 00:33:25.240
that's something that a lot of people. I'm sure you talked about this,

489
00:33:25.319 --> 00:33:30.880
but as we I know we need
to in the segment. But you go

490
00:33:30.960 --> 00:33:36.000
back to the beginning of twenty twenty
and there was this story that dropped and

491
00:33:36.359 --> 00:33:38.480
not a lot of people picked it
up. But Microsoft has a patent.

492
00:33:38.599 --> 00:33:43.680
It's called the zero six zero six
zero six, and it is a patent

493
00:33:43.759 --> 00:33:52.160
to use biometric into integrations into the
human body to produce a cryptocurrency for approved

494
00:33:52.200 --> 00:33:54.640
activities. I had to look this
up several times before I even broadcast on

495
00:33:54.680 --> 00:33:58.400
my show. I'm like, can
this even be real? Yes, it's

496
00:33:58.519 --> 00:34:01.200
real. So that's how they they
think of the elites, and this is

497
00:34:01.319 --> 00:34:05.799
just a short way of getting the
audience to think about this. The elites

498
00:34:05.839 --> 00:34:08.760
don't think of currency the way you
and I do. And it's used as

499
00:34:08.840 --> 00:34:15.360
it's weaponized, and it's used to
exploit you. So if you what David

500
00:34:15.360 --> 00:34:17.440
and I are saying is you become
your own bank. Yeah, you know,

501
00:34:17.519 --> 00:34:21.000
And we're not telling you to be
investors per se. We're telling you

502
00:34:21.159 --> 00:34:23.440
be your own bank. You know, know how to trade gold and silver,

503
00:34:23.519 --> 00:34:25.960
know the values of that. Know
what, if you want to know

504
00:34:27.000 --> 00:34:30.079
what the world's reserve currency status is, you know, go look up the

505
00:34:30.119 --> 00:34:34.599
spot price for gold. That's what
there was, and that's what it's trading

506
00:34:34.599 --> 00:34:37.559
at. That's the that should be
the exchangeable rate between you and and whatever

507
00:34:37.679 --> 00:34:40.119
you know, third party you want
to deal with. And by the way,

508
00:34:40.159 --> 00:34:44.679
before I closed, David, I
caught myself talking about the F thirty

509
00:34:44.679 --> 00:34:46.719
five and I and I said the
word trillion, and I said, I

510
00:34:46.719 --> 00:34:51.039
think it costs about a trillion.
That's what first came to my mind.

511
00:34:51.440 --> 00:34:52.960
And then as we were the interview
was going on, I got that that

512
00:34:53.000 --> 00:34:55.079
can't be that can't be right.
It can that is right. I looked

513
00:34:55.079 --> 00:35:00.320
it up. It's one point seven
trillion. So those two trillion, Yeah,

514
00:35:00.480 --> 00:35:04.039
yeah. We talked about the trillions
and billions and millions so many times

515
00:35:04.039 --> 00:35:07.840
that I sometimes interchange those. But
yeah, you're right, at is a

516
00:35:07.920 --> 00:35:10.519
trillion dollar system. I don't know
how much their new strategic bomber. I

517
00:35:10.559 --> 00:35:15.199
think this is a strategic bomber,
the B twenty three things, pretty sophisticated

518
00:35:15.239 --> 00:35:19.480
looking thing. Who knows how much
that thing costs. It is absolutely insane

519
00:35:20.000 --> 00:35:24.199
what our government is doing and this
it's unsustainable. And so but tell us

520
00:35:24.239 --> 00:35:30.000
what's going on at Wisewolf. What's
new there? Well, got a lot

521
00:35:30.000 --> 00:35:34.440
of great products in we have.
We had bought a big load of silver

522
00:35:34.599 --> 00:35:38.239
last couple of weeks and I've got
a wolf pack packages going out. We're

523
00:35:38.320 --> 00:35:43.639
really really looking forward to the items
that are going out in the package.

524
00:35:43.679 --> 00:35:45.719
I hope people will will reach out
to us, tell us what you think

525
00:35:46.599 --> 00:35:52.400
the silver going up has put.
It's put a strain on me being able

526
00:35:52.440 --> 00:35:55.280
to like in the lone Wolf package
is at fifty dollars. You know a

527
00:35:55.320 --> 00:35:59.920
package and you take out shipping,
you start looking at cost of you know,

528
00:36:00.000 --> 00:36:01.280
credit card fees, and everything else, and I started thinking, what

529
00:36:01.280 --> 00:36:06.079
can I even put in here because
of the premiums, But because we don't

530
00:36:06.079 --> 00:36:08.079
want to put one thing, we
try to give you some variety. So

531
00:36:08.239 --> 00:36:12.519
I'm just searching around trying to find
fractional silver and other things, and of

532
00:36:12.519 --> 00:36:15.800
course we use the gold backs,
but if you get the Lone Wolf package,

533
00:36:15.800 --> 00:36:19.039
and I thought it was cool we
had we bought a big load of

534
00:36:19.039 --> 00:36:22.840
silver dollars, the pre nineteen twenty
one's going back into the late eighteen hundreds

535
00:36:23.039 --> 00:36:27.519
Morgan silver dollars in good condition.
Those are going out in the Lone Wolves

536
00:36:27.559 --> 00:36:30.519
plus a gold back. I'm really
proud of that. That's cool because we

537
00:36:30.639 --> 00:36:36.039
beat the pre nineteen twenty one Morgan
silver dollars David are upwards forty to fifty

538
00:36:36.079 --> 00:36:39.199
dollars a piece on some of the
major retailers, and there's some good mint

539
00:36:39.199 --> 00:36:43.280
marks in there, so if you're
a little bit of a collector, you

540
00:36:43.280 --> 00:36:45.079
know, check that out of it. So the Lone Wolves, I'm proud

541
00:36:45.079 --> 00:36:50.880
when we can do something neat like
that. And I'm looking at different fractional

542
00:36:51.000 --> 00:36:54.440
gold coins. I'm starting to search
other wholesalers so we can try to put

543
00:36:54.880 --> 00:36:59.239
gold in some of the lower tiers. It's hard to do a gram of

544
00:36:59.239 --> 00:37:01.519
gold now, folks, I mean
retail, and a gram of gold is

545
00:37:01.519 --> 00:37:05.400
like one hundred and eleven dollars or
one hundred and fifteen dollars. It's just

546
00:37:05.440 --> 00:37:07.599
going up and up and up.
So we're trying to get like half grams.

547
00:37:07.679 --> 00:37:10.840
Everybody's sold out it. It's hard
to get that stuff, but we

548
00:37:10.880 --> 00:37:17.920
are trying to get even that in
the wolf pack. Even that, if

549
00:37:17.960 --> 00:37:21.760
you hold onto those small pieces of
gold, even if you're with it paying

550
00:37:21.840 --> 00:37:23.320
the premium, I think it's going
to catch up. I think it just

551
00:37:23.360 --> 00:37:25.840
let it. If you let it
sit there for a while, let the

552
00:37:25.840 --> 00:37:30.480
price of gold do what it's going
to do against the dollar, you'll get

553
00:37:30.480 --> 00:37:34.400
some some physical gold. So we're
really this is I build the invoices every

554
00:37:34.440 --> 00:37:37.679
week. I have a lot of
fun doing it, and I hope that

555
00:37:37.679 --> 00:37:40.639
people have. You go to David
Knight dot gold and promo code seventeen seventy

556
00:37:40.639 --> 00:37:44.599
six get some free silver too.
Oh that's great. Yeah, promo code

557
00:37:44.639 --> 00:37:47.159
seventeen seventy six, And what is
the free silver that they get with that

558
00:37:47.159 --> 00:37:52.199
promo code. Most of the time
I'm doing constitutional silver pre nineteen sixty five,

559
00:37:52.559 --> 00:37:55.239
ninety percent dimes, quarters, half
dollars, things like that. We

560
00:37:55.280 --> 00:37:59.840
just put a little put a little
bag in there, extra extra silver just

561
00:38:00.039 --> 00:38:04.039
on the house for you. And
of course you know that we talked a

562
00:38:04.079 --> 00:38:07.920
little bit about I will continue to
tell people. If you've got these four

563
00:38:07.960 --> 00:38:10.679
oh one k's iras and you know
you want to roll that over into physical

564
00:38:10.719 --> 00:38:14.400
precious metal, we can do that. Uh, you just give us a

565
00:38:14.519 --> 00:38:17.280
go through David Knight dot Gold or
give us a call directly. Now's the

566
00:38:17.280 --> 00:38:20.639
time it's to do it. In
my opinion with this, things are kind

567
00:38:20.679 --> 00:38:23.599
of quiet, yeah on markets,
and there's you can trade value for value

568
00:38:23.599 --> 00:38:29.000
and get into some precious metals.
I think we're seeing some trends of medals

569
00:38:29.039 --> 00:38:32.199
going who knows. I mean,
I don't think the gold bull market is

570
00:38:32.239 --> 00:38:37.079
over by any means, and silver
I think is just getting started. So

571
00:38:37.119 --> 00:38:38.679
it's still a good time to do
that. I agree. Yeah, you

572
00:38:38.679 --> 00:38:43.400
know, things can get very crazy
crazy as we get towards the election,

573
00:38:44.079 --> 00:38:47.159
but certainly after the election I think
they are. So you know, it's

574
00:38:47.239 --> 00:38:52.639
it's for the foreseeable future. The
next year, so I think it's going

575
00:38:52.679 --> 00:38:55.440
to be a real bool I don't
see anybody who is who is bearish on

576
00:38:55.599 --> 00:38:59.880
gold and silver at this point in
time. Everybody is very bullish about that

577
00:39:00.559 --> 00:39:04.199
because of what they're doing. We
got one more here, let's see.

578
00:39:06.000 --> 00:39:08.119
Oh well we'll get to that later. That's not on the monetary stuff,

579
00:39:08.199 --> 00:39:12.559
right, Okay, Well, thank
you so much, Tony, you really

580
00:39:12.599 --> 00:39:15.239
do appreciate it. And again,
folks, you can go to Tony Ardban's

581
00:39:15.239 --> 00:39:17.920
wisewolf Gold. Just go to David
Knight dot Gold. He set that up

582
00:39:17.920 --> 00:39:21.679
so he knows you're coming through us
and if you use the promo code seventeen

583
00:39:21.800 --> 00:39:23.559
seventy six, he's got some special
silver stuff for you. Tony. Are

584
00:39:23.599 --> 00:39:27.239
you doing a show right after this
show too, Yes, sir, I'll

585
00:39:27.280 --> 00:39:30.960
be live eleven am Central Time on
Rockston on the America Unplug channel. In

586
00:39:30.000 --> 00:39:32.800
my Twitter at Tony Orderburn and Freeworld
dot Fm. I'll be live, so

587
00:39:32.840 --> 00:39:35.719
yeah, come join me over there. If you've got questions, get in

588
00:39:35.800 --> 00:39:38.760
the chat. We'll have a group
discussion. Excellent, excellent, always interesting

589
00:39:38.800 --> 00:39:52.719
talking to you. Thank you so
much, Tony. The David Knight Show

590
00:39:53.360 --> 00:40:01.599
is a critical thinking super spreader.
If you've been exposed to logic by listening

591
00:40:01.639 --> 00:40:08.920
to the David Night Show. Please
do your part and try not to spread

592
00:40:08.960 --> 00:40:17.159
it. Financial support or simply tell
the others about the show causes this dangerous

593
00:40:17.199 --> 00:40:24.400
information to spread. Father. People
have to trust me, I mean trust

594
00:40:24.760 --> 00:40:37.639
the science. Wear you mask,
take your vaccine, don't ask questions using

595
00:40:37.840 --> 00:40:46.039
free speech to free minds. It's
the David Night Show.

