WEBVTT 1 00:00:05.040 --> 00:00:08.279 All right, welcome back. In joining us now is Tony Ardabin of wise 2 00:00:08.279 --> 00:00:12.119 Wolf Gold, and Tony's kindly set up David Knight dot gold to take you 3 00:00:12.160 --> 00:00:15.960 there and let him know where you're coming through. So thank you for joining 4 00:00:16.039 --> 00:00:18.800 us, Tony. Great to talk to you. Good to see you, 5 00:00:18.839 --> 00:00:22.399 David. Thanks for having me back. That's a crazy week. Really, 6 00:00:22.600 --> 00:00:26.000 gold is broken, it's all time high again. Bitcoin broke, it's all 7 00:00:26.000 --> 00:00:30.920 time high once again. And I especially like the headlines from the Wall Street 8 00:00:31.000 --> 00:00:35.600 Journal this morning. Bitcoin bulls cite a simple reason for its rally, not 9 00:00:35.799 --> 00:00:41.920 enough coins. I don't think the analyst, the market analyst, and the 10 00:00:42.200 --> 00:00:47.159 teleprompter readers on these networks, I don't think they understand finite. Because everything 11 00:00:47.240 --> 00:00:51.799 is expanding, the money supplies expanding. You can always inflate stocks, but 12 00:00:51.920 --> 00:00:55.240 for you know, these reasons of gold going up the same thing. There's 13 00:00:55.320 --> 00:00:58.840 confusion all across that. You go to Kickko, you go to the market 14 00:00:58.880 --> 00:01:03.320 analyst. You're saying, gold shock rally has analysts grasping for explanations. They 15 00:01:03.320 --> 00:01:07.239 don't know why gold is going up. I mean Jerome Power. They're like, 16 00:01:07.239 --> 00:01:10.840 well, there should have been a small spike because Jerome Power is hinted 17 00:01:11.560 --> 00:01:15.439 that they're going to lower interest rates to goose the economy ahead of the election. 18 00:01:15.120 --> 00:01:19.760 But they don't understand this breaking its all time high again. And if 19 00:01:19.799 --> 00:01:23.560 you read deeply into it, somebody's finally getting it because they're saying, well, 20 00:01:23.799 --> 00:01:27.079 central banks are buying gold at a record clip. This is all around 21 00:01:27.079 --> 00:01:32.519 the world, and of course China is not exporting. They've got sixty thousand 22 00:01:32.519 --> 00:01:37.640 gold mines. The Shanghai Exchange is booming with gold. The India is buying 23 00:01:37.680 --> 00:01:42.519 gold. The people of India themselves are buying gold, so the massive demand 24 00:01:42.680 --> 00:01:47.120 is up. De dollarization is in play. The Bricks Nations just announced that 25 00:01:47.159 --> 00:01:53.280 they're going to create a commodity based currency system parallel to the US. So 26 00:01:53.560 --> 00:01:57.640 we're in the age of dedollarization. These analysts. It's so funny, you 27 00:01:57.680 --> 00:02:02.079 know, you would think that would bitcoin and gold be able to break its 28 00:02:02.079 --> 00:02:06.959 all time high in the same week. That doesn't seem to go together. 29 00:02:07.480 --> 00:02:09.680 Yeah, but it is. It's going together because what's happening to the dollar. 30 00:02:09.759 --> 00:02:15.639 That's the underlying story. Yeah, they're both in in opposition to the 31 00:02:15.680 --> 00:02:19.560 dollar. My son said, So these experts have discovered something called supplying a 32 00:02:19.599 --> 00:02:22.759 man, I guess what they're calling for is maybe we need to have Satoshi 33 00:02:22.919 --> 00:02:25.960 go in and do some quantitative easing on bitcoin, just make some more of 34 00:02:27.000 --> 00:02:32.439 them real quick. That's the appeal of bitcoin. My friend Charlie Robinson, 35 00:02:32.800 --> 00:02:37.159 when I was in Anarchapoco, he gave me a shirt it just says twenty 36 00:02:37.199 --> 00:02:39.120 one million, and I had to put that up on my social media. 37 00:02:39.120 --> 00:02:42.680 That's one of the greatest shirts all It says it's twenty one million, because 38 00:02:42.680 --> 00:02:45.240 what does that mean? That's twenty one million bitcoin. And again, you 39 00:02:45.240 --> 00:02:47.599 know, I have history and cryptocurrency and being part of some of the first 40 00:02:47.680 --> 00:02:53.680 bitcoin ATMs. I'm a gold and silver guy primarily, but it's really about 41 00:02:53.879 --> 00:02:55.759 value. I mean, there's only so much gold and silver, there's only 42 00:02:55.759 --> 00:02:59.800 so much bitcoin. And that's the issue here when you we live in an 43 00:02:59.800 --> 00:03:05.319 air of just constant currency creation. You started the show off this morning talking 44 00:03:05.319 --> 00:03:08.400 about just a fiscal insanity. Yeah. I remember when I was I was 45 00:03:08.439 --> 00:03:13.439 fourteen years old, the contract for America Newt Gingridge. You know, you 46 00:03:13.479 --> 00:03:15.840 know, my dad listened to talk radio and I remember him saying, like, 47 00:03:15.919 --> 00:03:19.439 this is what we need. We had this contract for America. They're 48 00:03:19.439 --> 00:03:23.520 going to get this get this budget under control. This that was the topic, 49 00:03:23.680 --> 00:03:25.960 that was the that was the raise on debt of the conservative movement was 50 00:03:27.000 --> 00:03:30.120 to balance the budget and to have some sort of fiscal sanity first before so 51 00:03:30.159 --> 00:03:34.599 we can have a country. They have long sense abandoned that day, No, 52 00:03:35.000 --> 00:03:38.039 you know, I mean, and you know, it's kind of interesting 53 00:03:38.080 --> 00:03:42.800 because besides turnaments, the only other thing that didn't get done, of course, 54 00:03:43.000 --> 00:03:46.080 the Congress did get done the line item veto, you know, to 55 00:03:46.080 --> 00:03:52.439 try to get the budget balanced. And Clinton was on board with that along 56 00:03:52.479 --> 00:03:57.120 with Newt Gingridge, but that got stopped by Rudy Giuliani, who was mayor 57 00:03:57.120 --> 00:03:59.800 of New York City, said I don't want them having a line item veto. 58 00:03:59.840 --> 00:04:02.120 I want more money out. There's this Trump ally who was saying, 59 00:04:02.199 --> 00:04:04.479 yeah, let's go into debt, let's go into bankruptcy, you know, 60 00:04:04.639 --> 00:04:11.680 just like Trump's casinos. Let's not have any fiscal responsibility or ability to veto 61 00:04:11.879 --> 00:04:14.800 any of this stuff. And you know, when you take away that line 62 00:04:14.840 --> 00:04:17.720 item veto, then you wind up with these ridiculous omnibus bills. They just 63 00:04:17.800 --> 00:04:20.959 keep getting bigger and bigger and more and more absurd because you can't go in 64 00:04:21.000 --> 00:04:26.439 and take out a specific thing there. That is, they had the solution 65 00:04:26.639 --> 00:04:31.839 there, but it was Rudy Giuliani and the Supreme Court that deleted that solution. 66 00:04:32.480 --> 00:04:34.680 Well, let's not forget it. It takes a little bit of money 67 00:04:34.680 --> 00:04:40.279 to ship all the rebels from Building seven and will take it. So there's 68 00:04:40.319 --> 00:04:44.600 one and two over to China. So let's not let's not forget that. 69 00:04:44.680 --> 00:04:49.360 Yeah, there's all the establishment wants, the unlimited printing press. They'll always 70 00:04:49.360 --> 00:04:55.000 have somebody advocating for that when you go back, and they will put up 71 00:04:55.000 --> 00:04:59.160 the fake resistance like you have Donald Trump on September tenth, two thousand and 72 00:04:59.199 --> 00:05:01.079 one, saying we can't track two point three trillion dollars, so we're gonna 73 00:05:01.079 --> 00:05:05.120 set up this accounting office. Oh just over here next to the Pentagon where 74 00:05:05.120 --> 00:05:09.240 that whatever hit the Pentagon the next day. And of course you've talked to 75 00:05:09.279 --> 00:05:13.480 the lady who worked there and got out just before that. Couldn't put two 76 00:05:13.519 --> 00:05:15.839 and two together that they have an accounting office. That's what this all tracks 77 00:05:15.839 --> 00:05:19.160 back to. So the American Empire is coming apart, David. It's coming 78 00:05:19.199 --> 00:05:25.720 apart because it's based off king dollar and dollar domination. And that is waning. 79 00:05:25.800 --> 00:05:29.759 I think it's much faster than they've run the simulations to keep up with. 80 00:05:29.879 --> 00:05:33.639 Frankly, I think that's why they we have a multiple, well possible 81 00:05:33.759 --> 00:05:38.600 multiple fronts for a new war, because you've got you've got Ukraine, you've 82 00:05:38.600 --> 00:05:42.920 got Israel, you've got tensions with Russia, with China, with Taiwan. 83 00:05:43.000 --> 00:05:46.480 I mean, they're they're keeping their options open because the only way to truly 84 00:05:46.560 --> 00:05:49.639 save the dollar, well at least stave off the collapse, would be it 85 00:05:49.759 --> 00:05:53.560 would be a worldwide war. And I don't want that, obviously, you 86 00:05:53.600 --> 00:05:57.279 don't. We're we're praying that we're wrong about all these things. Yeah, 87 00:05:57.360 --> 00:06:00.839 but that seems to be the dark, the dark choices ahead for the for 88 00:06:00.879 --> 00:06:04.680 the ruling elite. And meanwhile the market analyst. It's so funny. I 89 00:06:04.680 --> 00:06:08.800 mean, I've got multiple headlines here, but they can't figure it out. 90 00:06:08.800 --> 00:06:11.319 What's going on with gold? Why are people buying gold? What's going on 91 00:06:11.360 --> 00:06:15.040 with the central banks? It's deed allarization, and there's a I mean an 92 00:06:15.160 --> 00:06:20.959 upheaval when it comes to the currency order around the world. So this is 93 00:06:21.040 --> 00:06:25.959 this is the big headlines. It's just like you mentioned that situation we had 94 00:06:26.040 --> 00:06:28.959 there with the lady who worked in that building, and just you know what, 95 00:06:29.120 --> 00:06:30.319 can you imagine? You know what a coincidence is happening, and it's 96 00:06:30.319 --> 00:06:32.879 like, hey, we have this you know all the time. It's like 97 00:06:33.000 --> 00:06:35.680 these people can't put this together. Walt's Street draw. I guess it is 98 00:06:35.680 --> 00:06:40.199 New York Times, right, I said, you know they need more bitcoins 99 00:06:40.680 --> 00:06:44.759 than you know. So, I mean people cannot put the basic facts together. 100 00:06:44.800 --> 00:06:47.079 They can't connect the dots. It's like Monty Python. Oh oh, 101 00:06:47.199 --> 00:06:49.480 therefore if she floats, she must be made of wood. I mean, 102 00:06:49.519 --> 00:06:55.560 they just can't follow a regular progression here, and you just banging your head 103 00:06:55.600 --> 00:06:57.759 against the wall, try to get people to figure this stuff out. But 104 00:06:57.800 --> 00:07:00.240 that's where we are with this, and of course with other part part of 105 00:07:00.240 --> 00:07:05.120 this is the interest rates. So we had Powell yesterday go to Congress and 106 00:07:05.839 --> 00:07:12.240 the House Finance Services Committee question answer period there. What did you take away 107 00:07:12.240 --> 00:07:15.600 from that, Well, they're dancing around it. I think they're trying to 108 00:07:15.680 --> 00:07:18.199 run out the clock, I mean and get to the point where when they 109 00:07:18.240 --> 00:07:23.319 do lower rates, and that is going to increase the money supply. It's 110 00:07:23.399 --> 00:07:28.199 quantitative easing. Liquidity will rush into the market, it's going to devalue the 111 00:07:28.240 --> 00:07:31.040 dollar. That's what. They've raised rates faster than any time in history of 112 00:07:31.079 --> 00:07:35.040 you and I have discussed many times faster than Paul Volker did in the nineteen 113 00:07:35.399 --> 00:07:40.240 late nineteen seventies early eighties to get rates to the teens, and that was 114 00:07:40.279 --> 00:07:44.199 to stave off inflation. So I think they're just really paying attention to the 115 00:07:44.240 --> 00:07:48.480 timeline here. The ruling class would like to keep the economy somewhat stable going 116 00:07:48.519 --> 00:07:54.040 into the twenty twenty four election here in November. So I think you'll see 117 00:07:54.120 --> 00:07:57.959 rate cuts, maybe two or three, but they're going to have it. 118 00:07:58.040 --> 00:08:01.720 I think we'll probably pass out of the quarter into the second quarter and then 119 00:08:01.720 --> 00:08:05.759 they will start lowering rates. But who knows. I mean, at any 120 00:08:05.800 --> 00:08:09.639 time this market could start to fall apart, and we watched that with the 121 00:08:09.759 --> 00:08:13.879 collapse of FTX and Silicon Valley Bank and silver Gate. We watched that over 122 00:08:13.879 --> 00:08:18.879 the last year. They stepped in Janet Yelling and the Treasury and the Fed 123 00:08:18.920 --> 00:08:24.000 stepped in to stop the systemic meltdown. But I think what you know, 124 00:08:24.040 --> 00:08:28.600 again, they're gonna in the second quarter most likely start lowering rates, and 125 00:08:28.639 --> 00:08:33.360 they may continue to lower rates to keep the economy somewhat hot going into the 126 00:08:33.399 --> 00:08:37.600 election, and it's all political. Obviously, the ruling class has a vested 127 00:08:37.639 --> 00:08:43.320 interest to keep the order that they have right now and the people in place. 128 00:08:43.879 --> 00:08:46.600 So I think that's what we're watching is just the timeline is what's important. 129 00:08:46.600 --> 00:08:52.559 They don't really care about inflation so much as they care about keeping their 130 00:08:52.600 --> 00:08:56.279 power. Oh yeah. And it's interesting, you know when you go when 131 00:08:56.120 --> 00:09:00.519 you know Powell speaks, you know, like some great say or something, 132 00:09:00.559 --> 00:09:05.279 and everybody's hanging on everything they say, and they're intentionally vague and general about 133 00:09:05.279 --> 00:09:07.679 these things. And I look at it and it's like, why in the 134 00:09:07.720 --> 00:09:11.679 world should these heads of the Fed have this kind of power, you know. 135 00:09:11.919 --> 00:09:16.360 And he's saying, well, we're looking at an evolving outlook and the 136 00:09:16.399 --> 00:09:22.360 balances of risks, but we think we're confident that inflation is moving sustainably towards 137 00:09:22.440 --> 00:09:26.919 two percent. It's like, seriously, two percent, And then Business Insider 138 00:09:26.000 --> 00:09:31.039 covers for them. Business Insiders says, oh yeah, you know, he 139 00:09:31.080 --> 00:09:33.440 says, that's not what we're looking for. We want more evidence that's trying 140 00:09:33.480 --> 00:09:37.159 to give us that inflation's on the path down to two percent, and they 141 00:09:37.240 --> 00:09:41.120 said it was already doing that. Powell didn't say that inflation didn't have to 142 00:09:41.120 --> 00:09:45.120 fall all the way to two percent before the Central Bank would cut rates. 143 00:09:45.120 --> 00:09:50.200 They're laying all of this foundation for them to do something that is politically advantageous 144 00:09:50.320 --> 00:09:54.720 to Biden because of election year, and they're just trying to come up with 145 00:09:54.759 --> 00:09:58.320 some nonsense. I don't think anybody sees it moving towards two percent. If 146 00:09:58.320 --> 00:10:01.720 it was moving towards two percent, why did they Why don't they start moving 147 00:10:01.799 --> 00:10:07.279 the credit card interest rates down towards two percent? That would be the day, 148 00:10:07.320 --> 00:10:13.320 wouldn't it. Oh that's the that's the hidden cost of doing business in 149 00:10:13.320 --> 00:10:16.679 this country, the credit card companies. I've talked many times about how how 150 00:10:16.759 --> 00:10:20.360 much money does the credit card companies make when the price of gasoline goes up? 151 00:10:20.360 --> 00:10:22.320 This, I mean, they make more than the gasoline retailers. You're 152 00:10:22.320 --> 00:10:26.159 talking about, you know, nine cents a gallon going, just the credit 153 00:10:26.159 --> 00:10:30.000 card company just for existing with no investment in infrastructure. And if you go 154 00:10:30.080 --> 00:10:33.399 back to Powell, something he said, I didn't think it got enough media 155 00:10:33.440 --> 00:10:35.799 attention. But this is about a year and a half ago, and he 156 00:10:35.840 --> 00:10:39.799 said, we don't think that we will cause a recession, and we don't 157 00:10:39.799 --> 00:10:43.840 think we will have to. So you have to playing god with the economy. 158 00:10:43.960 --> 00:10:48.919 I get you know this. People project so much magic onto the FED 159 00:10:50.000 --> 00:10:52.879 and it must be so complicated, they must it must be so smart. 160 00:10:54.279 --> 00:10:58.679 Now they have two tricks. Uh, it's the currency creation and raising and 161 00:10:58.679 --> 00:11:01.759 lowering interest rates. That's it. And again it's the money. And in 162 00:11:01.840 --> 00:11:05.039 a long enough timeline, it's kind of like zero heads. You know, 163 00:11:05.080 --> 00:11:09.120 on a long enough timeline, the survival rates so everyone drops to zero. 164 00:11:09.639 --> 00:11:13.080 That is what The currency of the United States is a fiat currency. It's 165 00:11:13.120 --> 00:11:16.840 the oldest living fiat currency in the world today. The average lifespan of a 166 00:11:16.879 --> 00:11:22.519 fiat currency is twenty six years, so we're double the average lifespan of a 167 00:11:22.519 --> 00:11:26.519 fiat currency. So this the dollar. And I'm not saying the dollars going 168 00:11:26.519 --> 00:11:31.039 to zero, it's going to digital. But what they're again going careening down 169 00:11:31.080 --> 00:11:33.799 this path of history. You're only taking it to the bottom. You're not 170 00:11:33.879 --> 00:11:37.759 going to ever. This isn't a strong currency. And you know, if 171 00:11:37.799 --> 00:11:41.600 you know history like you do, you look at the nineteenth century, David, 172 00:11:41.759 --> 00:11:43.639 there was no inflation. Yeah, if you and I say this all 173 00:11:43.679 --> 00:11:46.879 the time. Just put it in perspective. If you bought a pair of 174 00:11:46.879 --> 00:11:50.440 shoes in the time of George Washington to attend his inaugural you would pay the 175 00:11:50.519 --> 00:11:54.840 same for that pair of shoes in nineteen oh two. Why is that Because 176 00:11:54.840 --> 00:11:58.440 we had a bimetallic standard, mostly the gold standard after eighteen seventy nine, 177 00:11:58.639 --> 00:12:03.519 and the the currency was so strong that you had a populist uprising to increase 178 00:12:03.559 --> 00:12:05.320 the money supply. That was William Jennings Bryan. That was the type of 179 00:12:05.320 --> 00:12:09.240 country we had before. So we're now we're on the opposite spectrum. And 180 00:12:09.279 --> 00:12:13.799 you talked about, you know, we're the greatest debt or nation in the 181 00:12:13.840 --> 00:12:16.960 world. We used to be the greatest credit or nation. We used to 182 00:12:16.000 --> 00:12:20.960 be the manufacturing marvel of mankind. Our arsenal democracy. All that was based 183 00:12:20.000 --> 00:12:24.960 on production. Now it's about consumption and it's about debt. It doesn't end 184 00:12:24.000 --> 00:12:30.360 well, that's a great great nations and empires rise on sound money and economic 185 00:12:30.480 --> 00:12:35.240 nationalism and then decline on free trade and debt and fiat currency. And of 186 00:12:35.279 --> 00:12:41.240 course they justify their interest rate cuts that are coming up by the stats that 187 00:12:41.240 --> 00:12:46.639 they're going to manufacture as well. Kind of rig these stats for consumer price 188 00:12:46.720 --> 00:12:48.879 index, and so that's what they're saying with Business Insider. So all eyes 189 00:12:48.879 --> 00:12:52.559 are on this next report coming from the government, which of course we can 190 00:12:52.600 --> 00:12:56.360 all trust, you know, just like all the COVID rates and all the 191 00:12:56.480 --> 00:13:01.559 labor statistics and all that their consumer price and the statistics are going to give 192 00:13:01.600 --> 00:13:05.320 them perhaps an alibi for them to do what they want, which is to 193 00:13:05.080 --> 00:13:09.519 cut interest rates. And of course that is also going to be fuel for 194 00:13:09.120 --> 00:13:13.000 gold and for bitcoin as well. People are going to look at it. 195 00:13:13.200 --> 00:13:16.279 They're going to these things as a hedge against inflation. That's really going to 196 00:13:16.799 --> 00:13:20.279 light them on fire even more so, I think, well, I think 197 00:13:20.320 --> 00:13:24.200 so, and that will continue to be the trend. And yes, you 198 00:13:24.240 --> 00:13:26.840 will have gold will have pullbacks, ladies and gentlemen. Bitcoin's going to have 199 00:13:26.879 --> 00:13:31.960 pullbacks. It's not up into the right forever. But I think what you're 200 00:13:31.000 --> 00:13:37.399 watching is a shift in consciousness around the world of people moving away from the 201 00:13:37.440 --> 00:13:41.080 dollars. Is a paradigm, a financial paradigm. And yes, there will 202 00:13:41.120 --> 00:13:43.600 be lowered interest rates, the money supply will increase. It will appear for 203 00:13:43.639 --> 00:13:48.480 a while that things are great and happy times are here again. But you're 204 00:13:48.000 --> 00:13:52.240 it's just again, it's transitory. I'm going to go back and use a 205 00:13:52.279 --> 00:13:56.480 phrase that Jerome pal Uses and Janet Yelling uses all the time, Trent Or 206 00:13:56.519 --> 00:13:58.120 they did, They didn't, they don't use it anymore now they call it 207 00:13:58.120 --> 00:14:03.000 the terminal rate. But it was transitory. That inflation was transitory. But 208 00:14:03.240 --> 00:14:05.200 all of the thing, the damage has been done. I don't think we 209 00:14:05.320 --> 00:14:11.240 fully realized not just the two thousand and eight and nine TARP funds and the 210 00:14:11.759 --> 00:14:16.360 Great Recession, but what happened with COVID nineteen eighty four, the massive amount 211 00:14:16.679 --> 00:14:20.559 of currency creation. I just don't think people can fathom that eighty percent of 212 00:14:20.600 --> 00:14:22.919 all the dollars ever created were created in the last five years. I mean, 213 00:14:22.919 --> 00:14:28.960 I don't think people can truly grasp that that we've devalued our currency that 214 00:14:28.080 --> 00:14:33.399 much. And that is the death knell for any real semblance of governance and 215 00:14:33.360 --> 00:14:37.600 financial sanity. And so the trains left the station. You go back to 216 00:14:37.679 --> 00:14:39.759 politics, they go back to what you're talking about this morning. Yeah, 217 00:14:41.679 --> 00:14:45.320 no one is ever running on They're not running on balancing the budget anymore. 218 00:14:45.440 --> 00:14:48.720 They're not running on getting our fiscal house in order. It's a free for 219 00:14:48.799 --> 00:14:52.440 all, and I think the looting of the treasury has begun. I mean, 220 00:14:52.440 --> 00:14:56.399 that's why it stayed in Local is so important, you know, Catherine 221 00:14:56.399 --> 00:15:01.600 Austin fits talking about the state banks of or billion and there's so much going 222 00:15:01.600 --> 00:15:03.919 on in the local level and state level. It's great, and there's going 223 00:15:05.000 --> 00:15:07.720 to be competition with the CBDC, but it's not going to come from Washington. 224 00:15:07.759 --> 00:15:11.159 You can just you can just look and you can read that. It 225 00:15:11.159 --> 00:15:13.960 doesn't take a genius to figure that out. I mean that it's that it's 226 00:15:13.960 --> 00:15:18.440 over. Yeah, it's We've got a couple of comments here. I like 227 00:15:18.519 --> 00:15:22.279 this one from Redbeard Johnny says, we need to go back to tulips. 228 00:15:24.399 --> 00:15:26.480 That's my favorite. At least you could look at lease say they're pretty right, 229 00:15:26.480 --> 00:15:31.799 you know, in that particular bubble, this whole system is a charade. 230 00:15:31.879 --> 00:15:35.440 Yeah, that's absolutely right. Atomic Dog about fifty thousand and gold now 231 00:15:35.440 --> 00:15:39.919 worth fifty seven thousand, bought eight thousand, and bitcoin now worth ninety five 232 00:15:39.960 --> 00:15:43.200 thousand, just saying and that's and that's the key thing. You know a 233 00:15:43.279 --> 00:15:48.279 lot of people have said, uh, you know when you talk about the 234 00:15:48.360 --> 00:15:52.919 issues with bitcoin, and there was an extensive article saying, uh, you 235 00:15:52.960 --> 00:15:56.720 know, destroying the idea that it's a bubble. And what they were doing 236 00:15:56.799 --> 00:16:00.519 was they were looking at the cycle that goes through with a having and what 237 00:16:00.600 --> 00:16:03.360 happens with it and that type of thing. They said. But there's still 238 00:16:03.399 --> 00:16:04.759 you know, a lot of people you're not comfortable with bitcoin. That's the 239 00:16:04.759 --> 00:16:08.320 way I feel about it, right, Not comfortable with that if you don't 240 00:16:08.399 --> 00:16:14.639 like dealing in a digital format. Uh. And then there's also the volatility. 241 00:16:14.759 --> 00:16:18.639 You know, that that rapid rise. I've been around other things like 242 00:16:18.679 --> 00:16:22.799 that. With my experience with the dot com bubble, it makes me very 243 00:16:22.799 --> 00:16:26.480 concerned when concerned when I see things going up really really fast, because I 244 00:16:26.519 --> 00:16:30.320 know they can come down just as fast or faster. So I don't like 245 00:16:30.320 --> 00:16:33.960 the volatility. I don't like the digital aspect of it, and that's why 246 00:16:33.000 --> 00:16:36.919 I look at it. But you know, each to his own right. 247 00:16:37.039 --> 00:16:40.799 We as you point out you've had experience with bitcoin in the past. I 248 00:16:40.879 --> 00:16:45.360 just like the fact that I increasingly want to simplify my life. I want 249 00:16:45.360 --> 00:16:49.240 to have things that are physical. I want to have things that are maybe 250 00:16:49.279 --> 00:16:53.120 not as volatile, but are going to preserve their value. The purchasing the 251 00:16:55.799 --> 00:17:02.039 purchasing availability that is being destroyed with the with the currency that's what bit what 252 00:17:02.159 --> 00:17:04.519 gold is really there for, and also for the CBDC aspect of it. 253 00:17:04.640 --> 00:17:07.279 So there's all these different things like that. I just, you know, 254 00:17:07.440 --> 00:17:11.640 I want something that is not going to be quite so volatile, not quite 255 00:17:11.640 --> 00:17:15.039 as risky, something that doesn't take a lot of brains to figure out. 256 00:17:15.079 --> 00:17:17.200 You know, I mean gold, You got it or you don't have it, 257 00:17:18.400 --> 00:17:21.119 that's simple. You got to you got to keep people from breaking into 258 00:17:21.119 --> 00:17:22.119 your house to get it. But you know, wherever you keep it, 259 00:17:22.680 --> 00:17:26.240 you got to watch out for thieves. But uh, you've got when you've 260 00:17:26.240 --> 00:17:30.079 got bitcoin or these digital currencies, it seems like every thief in the world 261 00:17:30.200 --> 00:17:34.039 has an opportunity to take a crack at it to try to get it. 262 00:17:34.119 --> 00:17:37.519 That's just the way I see it. You know, what goes up must 263 00:17:37.519 --> 00:17:41.400 come down. You've watched the crypto markets, and I've been watching it for 264 00:17:41.480 --> 00:17:45.480 years, and they put in some very silly things attached to something that's actually 265 00:17:45.480 --> 00:17:48.640 I think very useful, like bitcoin. I saw a headline today there's a 266 00:17:48.680 --> 00:17:55.039 trump coin. It's up four hundred percent. So somebody made a trump coin. 267 00:17:55.039 --> 00:17:56.880 It's up four hundred percent. And you know, if you want to 268 00:17:56.880 --> 00:17:59.559 go buy Trump coins, fine, and you know you've got a way to 269 00:17:59.559 --> 00:18:00.799 exchange value, you might you might make a little bit. I don't know. 270 00:18:00.839 --> 00:18:06.279 It's not financial advice, but that's the that's the silliness that surrounds uh. 271 00:18:06.559 --> 00:18:11.200 It's people who paid ridiculous prices for the Trump sneakers, like nine thousand 272 00:18:11.200 --> 00:18:14.680 dollars or something. I and he immediately doubled his money practically with that stuff. 273 00:18:14.720 --> 00:18:18.680 So you know, hey, it's put your money. Yeah, you 274 00:18:18.720 --> 00:18:23.240 know, there's there's so much going on with this, David, And you 275 00:18:23.240 --> 00:18:26.920 know you talk about you know, sound money, and you know, just 276 00:18:27.240 --> 00:18:30.480 hedging against inflation, having something physical in your hand. That's what gold and 277 00:18:30.480 --> 00:18:34.960 silver are. They're staying steady, and I think it's a real blessing that 278 00:18:36.200 --> 00:18:41.160 in the short term right now that gold and silver aren't really reflecting the damage 279 00:18:41.160 --> 00:18:44.160 that's been done to the dollar. So it's still available to the public. 280 00:18:44.200 --> 00:18:45.759 People are still able to buy it, people are still able to get it. 281 00:18:47.519 --> 00:18:51.279 I looked at the gold silver ratio today. It takes eighty eight ounces 282 00:18:51.279 --> 00:18:55.319 of sober to make one ounce of gold. Just silly. Now, historically 283 00:18:55.359 --> 00:18:59.359 that's that's just ridiculous. That has no bearing in reality. But even on 284 00:18:59.480 --> 00:19:03.079 you know, g iologically at seventeen to one, So that doesn't make any 285 00:19:03.119 --> 00:19:07.480 sense whatsoever. But there's so much manipulation, and so I think it's a 286 00:19:07.519 --> 00:19:11.599 blessing right now for people to still be able to afford it. I don't 287 00:19:11.759 --> 00:19:14.799 personally, I don't want gold at three and four and five thousand dollars an 288 00:19:14.799 --> 00:19:18.920 ounce. It's going to become even harder and harder to obtain. The price 289 00:19:18.960 --> 00:19:22.599 fluctuations are bad for business. I like steady. I like just having a 290 00:19:22.680 --> 00:19:27.279 nice, steady commodity price. And that again, the open question is, 291 00:19:27.559 --> 00:19:32.440 and I've heard this for years, is Okay, well bitcoin's taking away so 292 00:19:32.559 --> 00:19:37.200 much of gold's value, and you know gold should have this massive rally. 293 00:19:37.200 --> 00:19:40.640 Well it's having a rally at the same time. Yes, that bitcoin's having 294 00:19:40.640 --> 00:19:44.119 a rally. Something is up. And that's what I think is really the 295 00:19:44.480 --> 00:19:49.000 the key here to what you're watching in the headlines is that both are happening 296 00:19:49.200 --> 00:19:53.759 at the same time. All these analysts you're saying all through the Twitter sphere 297 00:19:55.000 --> 00:19:57.079 the last week, well, there's all this money leaving the gold ETFs, 298 00:19:57.119 --> 00:20:03.839 and these traders are putting their clients into the bitcoin ETFs. Well, even 299 00:20:03.839 --> 00:20:07.559 if that's true, we still have the gold hitting it's all time high. 300 00:20:07.640 --> 00:20:11.400 Why is that? Yes, that's the big tell. That's right. Yeah, 301 00:20:11.559 --> 00:20:15.319 because people don't trust this financial system that they've put together there and that's 302 00:20:15.559 --> 00:20:22.200 that Michael Snyder says. Has the banking crisis of twenty twenty four already started, 303 00:20:22.640 --> 00:20:26.519 you know, That's the other thing. He says, as of March 304 00:20:26.640 --> 00:20:34.160 eleventh, they put in a they've been propping it up because of the issues 305 00:20:34.160 --> 00:20:38.160 with commercial real estate and things like that. He says, on Wednesday morning, 306 00:20:38.799 --> 00:20:44.759 shares of the New York Community Bank were absolutely crashing, and Zero Hedge 307 00:20:44.799 --> 00:20:48.279 talked about it at the time. He says, there's a federal reserve program 308 00:20:48.279 --> 00:20:52.160 that has been propping up the banks and that is set to expire a March 309 00:20:52.319 --> 00:20:56.559 the eleventh, He said, once the darling of the small banking crisis comeback. 310 00:20:56.640 --> 00:21:03.559 New York Community Bank Corps Has crashed forty five percent to a fresh thirty 311 00:21:03.640 --> 00:21:07.559 year low after Wall Street Journal reported that they're seeking to raise money because they've 312 00:21:07.680 --> 00:21:11.119 been exposed and caught up in this commercial real estate crash, which again goes 313 00:21:11.119 --> 00:21:15.200 back to the lockdown that Trump did and Gerald SENTI talking about this now four 314 00:21:15.279 --> 00:21:19.200 years, it's taken that long for this thing to really unfold, but they've 315 00:21:19.240 --> 00:21:25.279 propped it up artificially. If they don't continue this on March eleventh, Michael 316 00:21:25.279 --> 00:21:26.519 Snyder saying, you're going to see a lot more of this stuff happening, 317 00:21:26.519 --> 00:21:32.720 and that could be the collapse of the banking system right there. Well, 318 00:21:32.839 --> 00:21:36.160 nice three eleven. I'm sure that has nothing to do with numerology, and 319 00:21:36.519 --> 00:21:41.960 really, lads putting that until catch yeah, yeah, it reminds me this 320 00:21:41.119 --> 00:21:47.000 Gus's still in both. It reminds me of the nineteen oh seven. These 321 00:21:47.000 --> 00:21:51.880 are manufactured events. They know what's going to happen when they pull the plug 322 00:21:51.920 --> 00:21:56.279 on something and they're just positioning themselves. They position their friends, they position 323 00:21:56.359 --> 00:21:59.400 the winners, they get rid of the losers. You know, you got 324 00:21:59.400 --> 00:22:03.640 to wonder what. I wonder who Lehman brothers made mad back in the eight 325 00:22:03.680 --> 00:22:07.880 I wonder why, well, you know Leeman just went away and you had 326 00:22:07.920 --> 00:22:10.359 to wonder they were powerful. I wonder who that Because they were, they 327 00:22:10.359 --> 00:22:14.599 weren't too big to fail. So something something's going on. I think this 328 00:22:14.640 --> 00:22:19.200 is about consolidation when you look at the the pressure that will be put on 329 00:22:19.240 --> 00:22:22.880 the banks when these commercial loans start to fail. I mean, we talked 330 00:22:22.880 --> 00:22:30.880 about it last week. The Canadian pension fund sold a New York skyscraper for 331 00:22:30.960 --> 00:22:33.200 a dollar, you know, to to absorb just to get rid of the 332 00:22:33.240 --> 00:22:37.880 debt because it wasn't moving anywhere. We have a real estate crisis in this 333 00:22:37.920 --> 00:22:41.039 country. It's going to start with the commercial And you're absolutely right. It 334 00:22:41.079 --> 00:22:45.720 goes back to the lockdowns. It goes back to artificially propping up these systems 335 00:22:45.720 --> 00:22:48.920 and propping up because I think of all the mass exodus and Jeraldsen that they's 336 00:22:48.960 --> 00:22:52.279 been so right on this, the mass exodus of people out of these offices 337 00:22:52.839 --> 00:22:57.000 into their homes to wire in for their jobs and remote and all this other 338 00:22:57.039 --> 00:23:03.200 stuff just empty. There's empty everywhere. I think our buck mister Fuller talked 339 00:23:03.200 --> 00:23:06.960 about that that you know, the uh, the grift would get so big, 340 00:23:06.960 --> 00:23:10.359 the bubble would pop so big one day that the uh, the these 341 00:23:10.400 --> 00:23:15.559 office high rises will be turned into efficiency apartments for people that they would they 342 00:23:15.599 --> 00:23:21.880 would lose their original purpose because of the change of the economy and because of 343 00:23:21.920 --> 00:23:26.279 the consolidation, just less and less availability uh, for a competition to take 344 00:23:26.279 --> 00:23:30.000 place in the United States, and and and the availability for for the firms 345 00:23:30.000 --> 00:23:33.680 to rise up and and lease office space and owned buildings. We have a 346 00:23:33.720 --> 00:23:37.720 real problem. It's going to start with the commercial real estate. It'll bleed 347 00:23:37.759 --> 00:23:42.720 into the the local and regional banking system first, and that will again this 348 00:23:42.839 --> 00:23:45.599 is where they sneak in all the tyranny. That's what you got to be 349 00:23:45.680 --> 00:23:49.359 really careful about. Uh, you know, being being nimble. Know your 350 00:23:49.400 --> 00:23:53.440 banker, where do you where do you park your your funds? Personally, 351 00:23:53.559 --> 00:23:56.240 I like to just be able to bank, just to be able to get 352 00:23:56.279 --> 00:24:00.039 you know, wires cleared and take care of customers. And then anything outside 353 00:24:00.079 --> 00:24:03.839 of that I have either it's my own keys or I've got you know, 354 00:24:04.119 --> 00:24:07.599 no counterparty risk gold and silver in my hand. Yeah, oh yeah. 355 00:24:07.799 --> 00:24:11.200 I would have liked to see Donald Trump's face when we read the headlines about 356 00:24:11.200 --> 00:24:17.039 that Canadian pension fund something one of those New York scotscrapers were a dollar. 357 00:24:17.559 --> 00:24:22.839 You can make a cartoon out of that one, especially the same time he's 358 00:24:22.839 --> 00:24:26.240 got to try to raise some money for us. So that's the true art 359 00:24:26.240 --> 00:24:30.559 of the deal, right. Somebody got it for a dollar. Frame that 360 00:24:30.599 --> 00:24:33.240 dollar. Don't let that dollar go away. That's right. Yeah, that 361 00:24:33.559 --> 00:24:36.759 truly is amazing. A couple of comments here is here and girl, any 362 00:24:36.799 --> 00:24:41.359 money that you need electricity, internet or passwords access is not secure. We've 363 00:24:41.359 --> 00:24:45.519 all heard some horror stories about bitcoin owners losing their stash at this point. 364 00:24:45.400 --> 00:24:48.960 That's key, you know, That's what I said before. Even these billionaires, 365 00:24:49.359 --> 00:24:52.039 one of them loses nearly a million dollars and he doesn't know it until 366 00:24:52.039 --> 00:24:56.799 somebody tells him. And how did that person know he's looking at this he's 367 00:24:56.799 --> 00:24:59.559 a big transaction there, and he said, and he traces it down to 368 00:24:59.599 --> 00:25:03.319 this guy. I mean that one thing right there said so much to me 369 00:25:03.680 --> 00:25:07.640 about that. I don't want to get involved in that. One person here 370 00:25:07.680 --> 00:25:11.079 says that three little birds says the dollar is going to fractualize a digital like 371 00:25:11.160 --> 00:25:18.200 bitcoin is going to go to Chateau Sia. No one says bit tulips. 372 00:25:18.279 --> 00:25:21.799 Maybe we could have may can have bulb coin or something like that. That'd 373 00:25:21.839 --> 00:25:25.640 be when that comes out. Uh, we'll have to see what happens in 374 00:25:25.680 --> 00:25:27.680 the future. Of my son says a flash drive could be used to hold 375 00:25:27.880 --> 00:25:36.640 entire wheelbarrows worth of ca that's flash drive wheelbarrows. I haven't thought I haven't 376 00:25:36.640 --> 00:25:41.000 thought of that, but it is so funny these I hear this all that 377 00:25:41.079 --> 00:25:44.440 the analysts that always compare it to tulip many. If you actually go back 378 00:25:44.480 --> 00:25:47.000 and read the story, you know, read the history of tulip many in 379 00:25:47.000 --> 00:25:49.400 the Dutch in the sixteenth century, it's you know that these tulips were very 380 00:25:49.480 --> 00:25:52.960 rare, and then they started using them as a commodity to you know, 381 00:25:53.319 --> 00:25:56.279 to pass value like you would with a gold bar or something, because there's 382 00:25:56.319 --> 00:26:00.519 only so many. And then somebody figured out, well, these are valuable, 383 00:26:00.640 --> 00:26:04.079 We'll just we'll grow them, and they started and it flooded the market, 384 00:26:04.119 --> 00:26:07.039 and then it just became so ubiquitous that it didn't matter. And so 385 00:26:07.119 --> 00:26:12.200 they compare like bitcoin to that, or something I kin to bitcoin, and 386 00:26:12.279 --> 00:26:15.960 or even sometimes precious metals, like well, there's just so much of it. 387 00:26:17.720 --> 00:26:21.920 I don't understand this mentality, because the tulips were infinite. Yeh. 388 00:26:21.960 --> 00:26:23.640 That's kind of like the dollar. If there's anything that's tulip mania, it's 389 00:26:25.200 --> 00:26:27.640 it's the dollar for sure. After nineteen seventy one, I think the tulip 390 00:26:27.680 --> 00:26:32.160 bulb thing would have been fine, if the City of London hadn't started that 391 00:26:32.240 --> 00:26:38.480 ETF over it. You know, they'll always come up with some you know, 392 00:26:38.480 --> 00:26:41.920 it takes something that's real and then add this layer of stuff. Or 393 00:26:42.000 --> 00:26:45.480 that's the other thing that concerns me about all this stuff. You know, 394 00:26:45.680 --> 00:26:48.920 this fact is it's supposed to be a good thing that these guys have put 395 00:26:48.960 --> 00:26:51.319 an ETF on top of this thing. To me, it looks a lot 396 00:26:51.400 --> 00:26:55.759 like these securitized mortgages going back to them on the skeptics. Yeah, and 397 00:26:55.799 --> 00:26:59.279 when when Larry Fink Black Rock comes out and gives it, give us his 398 00:26:59.400 --> 00:27:02.480 blessing, I start to just kind of I start to pull away and think 399 00:27:02.519 --> 00:27:06.400 what is wrong here? You know, taking step backwards because there's something you 400 00:27:06.440 --> 00:27:11.119 go these all these these financial wizards have been saying the same thing about bitcoin, 401 00:27:11.200 --> 00:27:15.039 and even god like Warren Buffett would say things like about Goldieales, it 402 00:27:15.039 --> 00:27:18.880 doesn't do anything. It just sits there. Yeah, it doesn't hold its 403 00:27:18.920 --> 00:27:22.599 value. It's a place for you to have some refuge from what the casinos 404 00:27:22.599 --> 00:27:26.759 stock market or the unlimited printing of the central banks. What do you mean 405 00:27:26.799 --> 00:27:30.039 it just said, why are you criticizing it? Of course it just sits 406 00:27:30.079 --> 00:27:33.480 there, you can use it for your savings. And then he said bitcoin 407 00:27:33.599 --> 00:27:37.240 was rat poison. Oh yeah, yeah, un endorsement, isn't it. 408 00:27:37.240 --> 00:27:38.960 You know, you go counter party to all this stuff. I wonder you 409 00:27:40.000 --> 00:27:42.440 know when when Black Rock and Larry Feint got into it and Jamie Diamond I 410 00:27:42.519 --> 00:27:49.200 missed it when they had the Black Satanic Mass at Madison Square Garden when they 411 00:27:49.240 --> 00:27:52.640 started their ETF thing on it. I mean, it truly is these people, 412 00:27:52.680 --> 00:27:56.680 they if they jump onto something like that, you'd run the other way 413 00:27:56.200 --> 00:28:00.160 cause they're they're going to tell you that when they're getting ready to do it 414 00:28:00.319 --> 00:28:03.359 or something right. Uh, it's uh, they're not going to give you 415 00:28:03.400 --> 00:28:06.680 any inside information and something's going to help you, that's for sure. Well. 416 00:28:06.680 --> 00:28:08.440 I mean, and you know, I think if you take a look 417 00:28:08.480 --> 00:28:11.279 at reality with a skeptical eye like we do, if you know, if 418 00:28:11.319 --> 00:28:15.200 you look at history, if you believe in God, if you believe in 419 00:28:15.279 --> 00:28:18.519 evil on this planet, there's probably always an angle, especially in the financial 420 00:28:18.519 --> 00:28:23.000 world, there's always a Machiavelian angle. It's never it's never just good prevails. 421 00:28:23.400 --> 00:28:26.839 It's there's it's never that. It's never that way. It's a mixed 422 00:28:26.839 --> 00:28:32.039 bag usually, So could they be driving up the price of bitcoin using the 423 00:28:32.039 --> 00:28:34.680 ETF just to crash the entire crypto system and say, look, I told 424 00:28:34.720 --> 00:28:38.960 you we needed regulation because look at what follows it. You've got Bitcoin going 425 00:28:40.000 --> 00:28:42.680 to seventy thousand, but you've also got trump coins going four hundred percent. 426 00:28:44.200 --> 00:28:47.079 This is what happens in that crypto space. A lot of people are going 427 00:28:47.160 --> 00:28:49.400 to lose everything that is good. That's gonna happen when it comes down, 428 00:28:49.440 --> 00:28:52.200 because what goes up must come down. That's the way the markets work. 429 00:28:53.720 --> 00:28:56.920 I don't know. I mean they use that they use manipulation in the ETFs 430 00:28:56.920 --> 00:29:02.680 for gold and silver. I mean that that's that's pretty apparent. Yeah, 431 00:29:02.720 --> 00:29:06.039 so we'll see. I mean I try, I try to keep the door 432 00:29:06.079 --> 00:29:08.079 open that maybe it's something's good. But at the same time, I talk 433 00:29:08.119 --> 00:29:11.559 about this all the time. Keep keep your head on a swivel. There's 434 00:29:11.559 --> 00:29:15.319 something going on here and it a lot of it has to do with de 435 00:29:15.440 --> 00:29:18.680 dollarization. And that's key. You know, when you look, as you 436 00:29:18.720 --> 00:29:22.039 pointed out, when you look at both bitcoin and gold hitting all time highs 437 00:29:22.079 --> 00:29:26.079 at the same time, you know that both of them it's an indication that 438 00:29:26.119 --> 00:29:30.200 everybody is losing all confidence in this financial system, and everybody understands the government 439 00:29:30.640 --> 00:29:34.759 is going to pull the you know, the rugout from underneath it. As 440 00:29:34.799 --> 00:29:38.559 this one headline says bitcoin will not kill the US dollar. The government will. 441 00:29:40.039 --> 00:29:44.319 And that's what I and you know it's like it and are they going 442 00:29:44.400 --> 00:29:47.640 to do it real fast and sudden, because we've had a lot of these 443 00:29:47.680 --> 00:29:51.559 policies have been accumulating for decades to kill the US dollar, and they've just 444 00:29:51.599 --> 00:29:55.799 been accelerating and getting bigger and bigger. And so I think that is really 445 00:29:55.880 --> 00:29:57.880 what it's fundamentally there with people as they're trying to get out of the US 446 00:29:59.000 --> 00:30:02.119 dollar. Everybody he's trying to get out of it. Individual investors going to 447 00:30:02.160 --> 00:30:06.519 bitcoin, going to gold and silver, all of that is something's very concerning. 448 00:30:06.519 --> 00:30:11.160 Tell us little bit about what's going on with with Wiswolf Well, we're 449 00:30:11.200 --> 00:30:15.799 always just looking for a new supply. With the price increases. I tried 450 00:30:15.799 --> 00:30:18.319 to lock in as much product as I could for a wolf pack. I 451 00:30:18.440 --> 00:30:21.880 kind of saw the riding on the wall leading into kind of the momentum and 452 00:30:22.000 --> 00:30:25.720 headlines I was seeing, So I bought a lot of smaller fractional gold for 453 00:30:25.759 --> 00:30:27.599 the wolf Pack members. If you're if you go to David Knight dot gold, 454 00:30:27.599 --> 00:30:30.319 you can join wolf Packer's a tab on there. That's an easy way 455 00:30:30.359 --> 00:30:33.880 to stack gold and silver. And like I said, we've got close to 456 00:30:34.200 --> 00:30:37.400 we're under a thousand members. I like to break that soon. I think 457 00:30:37.440 --> 00:30:41.160 we will because the more people that join, the better pricing we get. 458 00:30:41.559 --> 00:30:47.200 And again that's that's one of the benefits having me always watching the pricing and 459 00:30:47.519 --> 00:30:52.039 locking in trades and trying to anticipate that so I can continue to save while 460 00:30:52.079 --> 00:30:56.240 we're on the way up. But like I said earlier, the price will 461 00:30:56.240 --> 00:30:59.599 come down. I think there will be a correction. There's always profit taking 462 00:30:59.640 --> 00:31:03.759 in gold, there's always profit taking in bitcoin and things like that. So 463 00:31:03.079 --> 00:31:06.799 I think we'll see some prices come down. But over the long term, 464 00:31:07.160 --> 00:31:11.559 that's we're building Wolfpack. We're keeping our supply lines open and making sure that 465 00:31:11.640 --> 00:31:14.599 we can get take care of orders. We've had a lot of people reaching 466 00:31:14.680 --> 00:31:18.599 out and rolling over their four O one ks and iras. If you have 467 00:31:18.680 --> 00:31:21.960 it in paper, you know, and you've built up right now the market's 468 00:31:22.000 --> 00:31:23.759 hot and you've got all this stuff going on, and Jerome Pals announcing they're 469 00:31:23.759 --> 00:31:27.680 gonna well he's not. He's hinting, which I whatever, whatever you want 470 00:31:27.720 --> 00:31:30.960 to be hinting. They're going to do it, folks. They're going to 471 00:31:30.960 --> 00:31:33.279 lower rates. This is political. So when they do, you know they 472 00:31:33.319 --> 00:31:37.519 will, they will drive the value of your so called value of your four 473 00:31:37.559 --> 00:31:41.920 O one k's and iras. You may want to consider rolling that into a 474 00:31:41.480 --> 00:31:45.160 physical precious metals. We make the process really easy and go to David Knight 475 00:31:45.440 --> 00:31:49.440 dot gold and and reach out to us, and we've made that again to 476 00:31:49.880 --> 00:31:52.440 within a week or two we can have it done. So if you've got 477 00:31:52.480 --> 00:31:56.880 an existing paper asset IRA or four one k, you don't have to pay 478 00:31:56.920 --> 00:32:00.599 the penalties. You can roll it into physical gold and silver and we do 479 00:32:00.640 --> 00:32:04.240 that for you. And if you just want to make a direct trade David 480 00:32:04.279 --> 00:32:08.000 Knight dot Gold. So that's my mission right now is to get people precious 481 00:32:08.000 --> 00:32:12.279 metals and an affordable price while we're in where I still can while we're in 482 00:32:12.319 --> 00:32:15.640 this Uh that's right, that's financial spot. Yeah, it's just getting started. 483 00:32:15.680 --> 00:32:17.720 I think you know, when we look at this, you're hitting all 484 00:32:17.759 --> 00:32:22.319 time highs. But as you point out, it's it's not gonna always just 485 00:32:22.359 --> 00:32:24.119 go straight up. But it's it's uh, you know, that is certainly 486 00:32:24.200 --> 00:32:27.799 the trend, especially when we see both of them happening that way. And 487 00:32:27.839 --> 00:32:31.759 the wolf pack gives you an opportunity to take advantage of bulk pricing, group 488 00:32:31.799 --> 00:32:37.119 buying and discounts and things like that, as well as to just gradually, 489 00:32:37.200 --> 00:32:40.240 you know, steadily and gradually build stuff. And that's the whole point of 490 00:32:40.359 --> 00:32:45.200 gold and Silver. I don't like writing roller coasters anymore in real life or 491 00:32:45.920 --> 00:32:50.720 financial instruments. You know. It's a roller coasters are just a little bit 492 00:32:51.000 --> 00:32:53.519 too much for me at this point in time, and I wish I had 493 00:32:53.559 --> 00:32:58.920 gone the slow and steady route a long time ago. But that allows people 494 00:32:58.920 --> 00:33:01.759 to do that, and it's great, you know. Dealing with Tony, 495 00:33:01.880 --> 00:33:06.920 I got to say, I've done that myself for a long time. And 496 00:33:07.079 --> 00:33:10.279 I really do appreciate tony support of this program, especially last week you matched 497 00:33:10.519 --> 00:33:14.440 pledges that made a real big difference at the end of the month, and 498 00:33:14.480 --> 00:33:16.119 I got to really thank you for that, Tony. I was proud of 499 00:33:16.160 --> 00:33:19.839 everyone. I was wondering, how, I said, we have fifty six 500 00:33:19.880 --> 00:33:22.079 minutes left. What can you put on the board on Rumble because I know 501 00:33:22.119 --> 00:33:25.519 it's great to donate to David on Rumble. This was his credit cards that 502 00:33:25.519 --> 00:33:29.359 he can he can receive. I don't know how timely it is. I 503 00:33:29.440 --> 00:33:31.240 have a Rumble account, but I've never used it. But that was great. 504 00:33:31.240 --> 00:33:35.880 I was happy by the way I saw that number of Travis Texaman said, 505 00:33:35.880 --> 00:33:37.839 oh, that's great because these programs like yours, we've got to keep 506 00:33:37.880 --> 00:33:42.079 them on the air. And I mean a side note, I won't keep 507 00:33:42.079 --> 00:33:44.599 you too much longer. I was. I was having dinner with my dad 508 00:33:45.200 --> 00:33:47.200 this last weekend, and I said, you know, Tom about I've been 509 00:33:47.240 --> 00:33:52.000 in the broadcasting for ten years now. I've started out in radio in Dallas 510 00:33:52.079 --> 00:33:54.720 on five seventy klif and so I've got an experience and I've built up a 511 00:33:54.759 --> 00:33:59.039 reputation. But I leave so much money on the table because I'm not a 512 00:33:59.079 --> 00:34:00.720 maga guy, you know, And I can't do it. And I and 513 00:34:00.799 --> 00:34:04.480 I and I was like, I should send Trump an invoice. He's cost 514 00:34:04.559 --> 00:34:07.319 me a couple of million dollars. My Dad's like, that's profit. That's 515 00:34:07.359 --> 00:34:08.639 probably mean. It was just, you know, he was backing me up 516 00:34:08.639 --> 00:34:12.960 on it, because I, again, we're just we're trying to give you 517 00:34:13.000 --> 00:34:16.119 the best absolute analysis that we can. And I would listen to somebody who's 518 00:34:16.159 --> 00:34:19.599 leaving money on the table not to join a train. You know, like, 519 00:34:19.679 --> 00:34:22.599 if you don't, I don't believe in it. There's nothing, folks 520 00:34:22.599 --> 00:34:24.119 that I If I don't believe in it, I won't talk about it, 521 00:34:24.199 --> 00:34:28.079 period, end of issue. Won't do it. I just at the end 522 00:34:28.119 --> 00:34:30.119 of the I have to lay my head on the pillow at night if I 523 00:34:30.119 --> 00:34:31.480 don't believe it, and I'm just not going to be able to live with 524 00:34:31.519 --> 00:34:35.440 myself. That's just not who I am. I know, David, You're 525 00:34:35.480 --> 00:34:37.639 only on a whole other level with that. So this is this is a 526 00:34:37.639 --> 00:34:44.320 man with absolute integrity. So I'm happy to to and proud to to support 527 00:34:44.360 --> 00:34:45.880 your program. I appreciate. I'll also say too, if you don't mind 528 00:34:45.960 --> 00:34:51.719 me making an announcement on the show, I changed my recording times for the 529 00:34:51.840 --> 00:34:54.920 Ardeburn Radio transmission. We're going to follow your show today. If you want 530 00:34:54.920 --> 00:35:00.239 to stick around after David is off at eleven am Central Time, go to 531 00:35:00.280 --> 00:35:06.239 the America Unplugged channel or my Twitter Go to America Unplugged on on rockfin and 532 00:35:06.840 --> 00:35:08.440 my Twitter at Tony Ardburn I'm going to do a live show, so starting 533 00:35:08.480 --> 00:35:14.679 today Great Alburn Radio transmission following daydnight, and of course Freeworld dot fm is 534 00:35:15.360 --> 00:35:19.480 and people find it Freeworld dot fm and and you're talking about. It's also 535 00:35:19.760 --> 00:35:24.880 on Rumble Rock Fan. It's also on Rock Finn on the America Unplugged channel 536 00:35:24.920 --> 00:35:30.280 and at my Twitter is at Tony Arderburn will be live there and I'm sure 537 00:35:30.320 --> 00:35:34.519 next week. I forgot to mention it earlier, so I'm sure next week 538 00:35:34.519 --> 00:35:38.760 I'll be announcing more when to find me on showtimes. It's just been so 539 00:35:38.840 --> 00:35:42.199 hard to get recording done lately. I'm finally I had to said I'm gonna 540 00:35:42.159 --> 00:35:45.159 do it on Thursday, so we'll follow our interview gets me warmed up at 541 00:35:45.239 --> 00:35:46.599 least, so that's good. That's good, that's great. All right, 542 00:35:46.639 --> 00:35:52.880 So right after this show you can hear Tony's America Unplugged and on all the 543 00:35:52.920 --> 00:35:58.840 different places Twitter, as well as on rock fin and the FM I'm sorry, 544 00:35:58.880 --> 00:36:00.519 give me that again, the world do fm. You can go to 545 00:36:00.519 --> 00:36:06.039 the website and listen live or on rocks Fan, the American plug channel or 546 00:36:06.119 --> 00:36:08.719 my Twitter at Tony Now. We're going to do there eventually on Free World 547 00:36:08.960 --> 00:36:12.760 FM as well, so that'll be good. That'll be good to have all 548 00:36:12.760 --> 00:36:15.079 that stuff there. Well, thank you so much, Tony. I really 549 00:36:15.119 --> 00:36:19.599 do appreciate it. Very important support, and thank you for rallying everybody at 550 00:36:19.639 --> 00:36:22.679 the end. We really needed that at the end of the month, this 551 00:36:22.760 --> 00:36:24.960 last month, So thank you very much. I appreciate that all that you 552 00:36:25.039 --> 00:36:28.760 do. We really do appreciate it. Thank you appreciate it, sir. 553 00:36:38.239 --> 00:36:46.400 The David Night Show is a critical thinking super spreader. If you've been exposed 554 00:36:46.440 --> 00:36:54.519 to logic by listening to The David Knight Show, please do your part and 555 00:36:54.679 --> 00:37:01.800 try not to spread it. Financial support or simply telling others about the show 556 00:37:02.599 --> 00:37:10.360 causes this dangerous information to spread. Father people have to trust me, I 557 00:37:10.360 --> 00:37:21.400 mean trust the science. Wear you ask take your vaccine, don't ask questions 558 00:37:23.599 --> 00:37:30.159 using free speech to free minds. It's the David Knight Show.