WEBVTT 1 00:00:04.919 --> 00:00:08.119 And joining us now is Tony Ardeman of wise Wolf Gold. 2 00:00:08.320 --> 00:00:11.960 Tony has given me a website, David Night, dot gold. 3 00:00:11.960 --> 00:00:14.279 Isn't that great to have a dot gold website after 4 00:00:14.279 --> 00:00:16.960 your name? And if you go there, that'll take you 5 00:00:17.079 --> 00:00:20.199 to wise Wolf Gold. You can get gold silver, you 6 00:00:20.280 --> 00:00:24.160 can join wolf Pack, and you can gradually save and 7 00:00:24.600 --> 00:00:26.920 average out your dollar costs. And so we're going to 8 00:00:27.000 --> 00:00:30.359 talk about what has happened and the wake of the election. 9 00:00:31.600 --> 00:00:33.840 We've had a lot of big moves in stock market, 10 00:00:33.920 --> 00:00:36.200 the crypto market, gold and silver, that type of thing, 11 00:00:36.679 --> 00:00:40.079 and yet has anything fundamentally changed. Joining us now is 12 00:00:40.119 --> 00:00:41.799 Tony Ardeban. Thank you for joining us, Tony. 13 00:00:42.479 --> 00:00:43.840 Always great to be here, David. 14 00:00:44.439 --> 00:00:47.200 It's crazy that what we've seen we had the stock 15 00:00:47.479 --> 00:00:50.960 market now Jones went up fifteen hundred points to a 16 00:00:51.159 --> 00:00:54.079 record high after Trump won the election. You know we 17 00:00:54.359 --> 00:00:58.439 saw before this. I remember Drudge trying to make a 18 00:00:58.479 --> 00:01:01.560 case that Lala was going to win, and he was said, well, 19 00:01:01.759 --> 00:01:04.319 there's one outlier. You know, even though all the CEOs 20 00:01:04.359 --> 00:01:08.920 and all the editors these liberal newspapers are running away 21 00:01:08.920 --> 00:01:11.879 from Lala and running to Trump. He said, the stock 22 00:01:11.879 --> 00:01:13.840 market is doing really well. So that says that those 23 00:01:13.840 --> 00:01:17.680 in power, they anticipate this to continue. So that usually 24 00:01:17.799 --> 00:01:19.319 means that you're going to have the incumbent win. Well, 25 00:01:19.359 --> 00:01:21.400 she wasn't the incumbent. Trump was more of an incumbent, 26 00:01:21.719 --> 00:01:24.040 and so they're looking at this and they're thinking that 27 00:01:24.079 --> 00:01:26.799 this is going to be good for Wall Street. Tell 28 00:01:26.879 --> 00:01:29.000 us a little bit about your perspective on the stock 29 00:01:29.040 --> 00:01:31.159 market thing before we get into crypto and gold and silver. 30 00:01:32.040 --> 00:01:35.359 Sure, well, I wouldn't say from last week when we spoke, 31 00:01:35.400 --> 00:01:38.680 and you know, prior to the election, wanted to discuss 32 00:01:38.719 --> 00:01:40.920 the outcomes, whether it was a Harris. 33 00:01:40.560 --> 00:01:41.560 Win or a Trump win. 34 00:01:42.120 --> 00:01:45.000 And today I get to know how it feels to 35 00:01:45.000 --> 00:01:47.439 be Gerald Salente all the time because I called it. 36 00:01:47.519 --> 00:01:49.400 Lastly, here's the headline on Kicko. 37 00:01:50.000 --> 00:01:53.480 Trump's victory spurs bitcoin surge to seventy six thousand, all 38 00:01:53.560 --> 00:01:56.560 time high stock in the stock rally, while gold and 39 00:01:56.599 --> 00:01:59.079 silver tumble. And that's what I said I thought would 40 00:01:59.079 --> 00:02:02.159 happen if if it was a Trump selection, there would 41 00:02:02.239 --> 00:02:06.400 be a downturn in the precious metals markets temporarily, because 42 00:02:06.439 --> 00:02:10.280 what that is, it's nothing unsound about the fundamentals of 43 00:02:10.319 --> 00:02:14.240 that market, or that it's overpriced. It's people selling off 44 00:02:14.240 --> 00:02:16.840 their positions to get into cash and then buy into 45 00:02:16.879 --> 00:02:21.840 the stock market. And because it's a psychological threshold that 46 00:02:21.960 --> 00:02:25.199 was crossed with a Trump victory, because it signals a 47 00:02:25.240 --> 00:02:27.240 lot of things that are going to be different than 48 00:02:27.400 --> 00:02:30.919 in an Harris administration. And again it's it may not 49 00:02:31.000 --> 00:02:34.240 even be policy, but it's it's to perceive changes. 50 00:02:34.599 --> 00:02:36.719 And that's what's going on. It's all psychological. 51 00:02:36.719 --> 00:02:39.159 I mean, Trump's not president, he has no he cannot 52 00:02:39.240 --> 00:02:40.479 affect policy. 53 00:02:41.159 --> 00:02:42.439 And that's it. 54 00:02:42.479 --> 00:02:45.039 I mean, that's that's just a it's a psychological move. 55 00:02:45.080 --> 00:02:48.759 And plus what he's discussed with bitcoin is what you 56 00:02:48.800 --> 00:02:52.719 know with the Nashville conference that I attended, and R. F. K. 57 00:02:52.919 --> 00:02:55.800 Junior being you know, in the periphery of his administration, 58 00:02:55.879 --> 00:03:00.919 that's driving that as well. But fundamentals, David, again, there's 59 00:03:01.000 --> 00:03:05.520 what you can get very wealthy dabbling in stocks. You know, 60 00:03:06.159 --> 00:03:08.560 there's many examples of that, and I know people that do. 61 00:03:08.919 --> 00:03:12.080 I don't get into that side of the business because 62 00:03:12.159 --> 00:03:16.800 I don't believe that their projections of profits or they're 63 00:03:16.840 --> 00:03:20.759 what they show equals wealth, you know, because they can 64 00:03:20.800 --> 00:03:21.919 always paper over it. 65 00:03:21.960 --> 00:03:23.080 That's the thing about stocks. 66 00:03:23.120 --> 00:03:25.479 You can always increase the amount of shares, just like 67 00:03:25.520 --> 00:03:28.199 you can with the fiat currency and so much of that. 68 00:03:28.360 --> 00:03:29.159 I mean, it's hidden. 69 00:03:29.199 --> 00:03:32.439 You don't like the people that held Lehman stock or 70 00:03:32.560 --> 00:03:35.159 Enron or something like that, or World comp I mean, 71 00:03:35.159 --> 00:03:38.280 they got burned and it looks good on you know, temporarily, 72 00:03:38.400 --> 00:03:42.960 but again it's it follows these these trends that aren't 73 00:03:43.000 --> 00:03:47.159 necessarily built on anything. It's just a perceived value. And 74 00:03:47.159 --> 00:03:49.919 that's what happened after the Trump went on Tuesday. 75 00:03:50.159 --> 00:03:52.080 Yeah, I got burned very bad in stock market where 76 00:03:52.080 --> 00:03:53.360 they dot Com crash. 77 00:03:53.639 --> 00:03:54.120 I looked at it. 78 00:03:54.159 --> 00:03:56.400 It's like, well, I'm not betting on any of these companies. 79 00:03:56.479 --> 00:03:59.560 It really is a bad. Well I'll go with the 80 00:03:59.639 --> 00:04:02.719 real manufacturers of switching circuitry because we know that Internet 81 00:04:02.840 --> 00:04:06.240 is going to be there, right, But they all went down, 82 00:04:06.240 --> 00:04:09.879 I mean until everybody went down. You know, it wasn't 83 00:04:09.960 --> 00:04:12.800 pet dot Com that went down. It was everybody crash 84 00:04:13.159 --> 00:04:15.240 because they built up the expectations We're going to see 85 00:04:15.240 --> 00:04:17.120 the same thing happening with AI, I think as well. 86 00:04:17.279 --> 00:04:19.480 But yeah, it is a betting market, and we saw 87 00:04:19.519 --> 00:04:22.399 one of these whales that was betting on the election, 88 00:04:23.560 --> 00:04:25.240 and I think he put in like fifty million and 89 00:04:25.240 --> 00:04:27.560 he made like a twenty five million dollar profit or whatever. 90 00:04:28.079 --> 00:04:30.040 But it is a it is a bet, and that's 91 00:04:30.079 --> 00:04:31.720 really kind of what these guys are doing. It's kind 92 00:04:31.720 --> 00:04:33.800 of the same thing that this whale did to make 93 00:04:33.839 --> 00:04:38.040 a lot of money. And it's kind of the madness 94 00:04:38.040 --> 00:04:41.199 of crowds and this kind of contation that is going 95 00:04:41.199 --> 00:04:44.160 through there because I think, Tony, what are they kind 96 00:04:44.160 --> 00:04:45.920 of betting on? Well, they're kind of betting on that 97 00:04:45.959 --> 00:04:48.120 Trump is going to lower taxes and he's going to 98 00:04:48.160 --> 00:04:50.319 do this, and he's going to do that, and what's 99 00:04:50.360 --> 00:04:53.319 going to happen with that? That's going to be feeding 100 00:04:53.480 --> 00:04:57.360 the deficit more. It's going to be more inflation, right, 101 00:04:57.439 --> 00:05:00.040 So you know that's when you look at the the 102 00:05:00.079 --> 00:05:03.160 inflation stuff, it's really the hedge against that is not 103 00:05:03.199 --> 00:05:05.879 necessarily the goal of the stock market. The hedge is 104 00:05:05.959 --> 00:05:09.240 really gold against that type of inflation or crypto if 105 00:05:09.240 --> 00:05:11.040 you look at it that way. And I think the 106 00:05:11.079 --> 00:05:16.240 crypto thing. You went to the Nashville conference, as you 107 00:05:16.360 --> 00:05:19.000 pointed out, where Trump was there and rf K Junior 108 00:05:19.120 --> 00:05:22.680 was there, and they were talking about crypto and the 109 00:05:22.800 --> 00:05:25.879 fact that maybe we'll even have some of that as 110 00:05:26.600 --> 00:05:29.040 keeping that in reserve, have the federal government buying that. 111 00:05:29.040 --> 00:05:30.680 So I think that's a big part of what is 112 00:05:30.680 --> 00:05:31.959 happening at crypto right now. 113 00:05:33.480 --> 00:05:36.279 Well, I think the big story really is what Larry 114 00:05:36.279 --> 00:05:39.240 Finger Blackrock wants. I mean, really, at the end of 115 00:05:39.279 --> 00:05:42.439 the day, the most successful ETF launch in history was 116 00:05:42.480 --> 00:05:45.519 black Rocks Bitcoin ETF. I talked about that right in 117 00:05:45.600 --> 00:05:47.920 January when it was announced it was going to go through, 118 00:05:47.959 --> 00:05:49.720 and I said, now watch the price of bitcoin. I 119 00:05:49.759 --> 00:05:53.480 think bitcoin was thirty five thousand or thirty seventh whatever 120 00:05:53.519 --> 00:05:56.120 it was back in January, and I said, this is 121 00:05:56.199 --> 00:05:58.639 going to change the game because now you've got these 122 00:05:58.639 --> 00:06:00.199 big institutional players. 123 00:06:00.439 --> 00:06:03.160 It at least accelerated the timeline for bitcoin. 124 00:06:03.199 --> 00:06:05.199 Even by anybody who's been in bitcoin a long time 125 00:06:05.240 --> 00:06:07.120 knows that bitcoin will stand on its own. But if 126 00:06:07.160 --> 00:06:09.600 you really want to drive the price and drive scarcity, 127 00:06:10.199 --> 00:06:12.279 that's what you'll do. So I really think that those, 128 00:06:13.360 --> 00:06:16.639 you know, proposals, maybe not so much from RFK Junior, 129 00:06:16.639 --> 00:06:18.839 but from Trump or those were coming from other places. 130 00:06:18.879 --> 00:06:21.480 Those aren't coming from Trump's mind. I remember when he was. 131 00:06:22.319 --> 00:06:24.600 Talking in Nashville, and it's like he was reading it 132 00:06:24.639 --> 00:06:26.839 for the first time because when he'd come across the 133 00:06:27.040 --> 00:06:32.199 h he said in bitcoin finally surpassed the the market cap. 134 00:06:32.000 --> 00:06:34.399 Of silver, and he goes wow, like he was, like, 135 00:06:34.439 --> 00:06:35.439 you read it the first time. 136 00:06:36.279 --> 00:06:38.519 I don't think, I don't think his mind is on bitcoin, 137 00:06:38.560 --> 00:06:41.600 but definitely there's a lot of people backing him that 138 00:06:41.680 --> 00:06:44.279 have showed him, you know, what they plan to do. 139 00:06:45.079 --> 00:06:46.040 I don't oppose that. 140 00:06:46.160 --> 00:06:47.879 I mean, if as long as you can still hold 141 00:06:47.920 --> 00:06:50.480 your private wallet, private keys, all the rest of that, 142 00:06:51.079 --> 00:06:53.279 I don't recommend buying you tips. But I think that's 143 00:06:53.319 --> 00:06:56.600 really to get to the point, that's the fundamentals behind 144 00:06:56.639 --> 00:07:01.920 what's driving this perceived you know shift in what the 145 00:07:01.959 --> 00:07:07.079 administration the you know, the friendliness to bitcoin, as you 146 00:07:07.160 --> 00:07:10.759 seem like the Biden administration was totally anti crypto, and 147 00:07:10.800 --> 00:07:12.800 as a matter of fact, the Trump administration was very 148 00:07:12.879 --> 00:07:15.839 friendly either, you know, the previous one. 149 00:07:16.040 --> 00:07:16.519 I think. 150 00:07:16.639 --> 00:07:19.120 I think though, with this new new proposals and what's 151 00:07:19.120 --> 00:07:23.079 been discussed in Nashville, there's a there's a lot that's 152 00:07:23.079 --> 00:07:25.639 going to happen in bitcoin that's something to watch. But 153 00:07:25.720 --> 00:07:28.680 again it's not coming from policy necessarily, as it's coming 154 00:07:28.720 --> 00:07:30.160 from from black. 155 00:07:29.920 --> 00:07:33.920 Row, and that is a big significant difference between the 156 00:07:33.959 --> 00:07:36.639 two of them, and that is their attitude towards crypto. 157 00:07:37.160 --> 00:07:40.079 As you pointed out, they were not friendly towards crypto 158 00:07:40.160 --> 00:07:42.480 and the Trump administration and he had Jared Kushner and 159 00:07:42.480 --> 00:07:44.879 Steve man Uchin start to talk about how they're going 160 00:07:44.920 --> 00:07:47.079 to do central bank digital currency. Of course that's a 161 00:07:47.079 --> 00:07:51.319 competitor to crypto. And then with the Democrats, they went 162 00:07:51.480 --> 00:07:53.879 full on war and we're gonna just we're going to 163 00:07:53.920 --> 00:07:57.560 stop this. We're going to intimidate people. Don't make yourself 164 00:07:57.560 --> 00:07:59.879 an exchange for people to get enter out of this, 165 00:08:00.720 --> 00:08:02.560 and you know when to shut your bank down if 166 00:08:02.600 --> 00:08:04.000 you get into this type of thing. I mean, it 167 00:08:04.000 --> 00:08:06.120 was already full on war and it was going to accelerate. 168 00:08:06.319 --> 00:08:09.839 And so when Trump took the opposite approach, and then 169 00:08:09.839 --> 00:08:12.639 when he wins, that is a you know, really juicing 170 00:08:12.720 --> 00:08:15.519 this thing at this point in time. As I look 171 00:08:15.560 --> 00:08:21.160 at the CBDC, the Western countries, especially the Five Eyes, 172 00:08:21.240 --> 00:08:27.600 the US, UK, Canada, New Zealand Australia have pulled back 173 00:08:27.720 --> 00:08:30.720 on their push for CBDC, I think they're not giving 174 00:08:30.759 --> 00:08:32.440 up on it. I think they're just trying to do 175 00:08:32.480 --> 00:08:34.960 it by stealth. And I think they're going to outsource this, 176 00:08:35.440 --> 00:08:38.159 and I would not be surprised if they do something 177 00:08:38.200 --> 00:08:41.360 like I played yesterday a clip from Elon Musky said, 178 00:08:41.360 --> 00:08:43.559 I think I can make X the half of the 179 00:08:43.559 --> 00:08:46.919 world's financial system. It's exactly the same type of thing 180 00:08:47.120 --> 00:08:50.200 that Zuckerberg was trying to plot with Libra, except I 181 00:08:50.200 --> 00:08:53.559 think Musk is smarter about it, and he might actually 182 00:08:53.600 --> 00:08:58.480 be used by them to put in a de facto 183 00:08:58.759 --> 00:09:03.639 central bank, digital currency, digital money, global IDs and stuff 184 00:09:03.679 --> 00:09:06.000 like that for a while, and then after people get 185 00:09:06.039 --> 00:09:07.879 acclimated to it, then they can just take it over. 186 00:09:08.240 --> 00:09:09.759 I don't know, but that's kind of the path that 187 00:09:09.799 --> 00:09:10.799 I see happening with that. 188 00:09:12.120 --> 00:09:14.039 What do you I think you're right. I think it'll 189 00:09:14.039 --> 00:09:15.200 come through corporations. 190 00:09:15.279 --> 00:09:18.080 And now that we have, you know, kind of a 191 00:09:18.120 --> 00:09:20.080 clear view for we don't we're no longer in the 192 00:09:20.080 --> 00:09:23.919 election process. It is interesting you step back and you wonder, 193 00:09:24.039 --> 00:09:26.320 you know these CBDC plans, You know that they were 194 00:09:26.360 --> 00:09:28.600 going full tilt towards that, and how do you get there? 195 00:09:28.639 --> 00:09:30.919 I mean, you have, in order to build something back better, 196 00:09:30.919 --> 00:09:32.519 you have to destroy it first. I mean, I look 197 00:09:32.559 --> 00:09:35.159 at what they what they've done, not doing anything about 198 00:09:35.159 --> 00:09:38.080 the petro dollar, weaponizing the dollar all around the world, 199 00:09:38.159 --> 00:09:41.919 just to i mean, the ubiquitous sanctions and going full 200 00:09:41.960 --> 00:09:44.519 tilt into that, even though when it's hurting you know, 201 00:09:44.679 --> 00:09:47.960 dollar utilization and increasing d dollarization worldwide. 202 00:09:48.000 --> 00:09:50.440 It just made me think, Okay, you've got a plan here. 203 00:09:50.480 --> 00:09:53.679 You're going we're going to destroy the dollar and people 204 00:09:53.679 --> 00:09:56.159 are going to beg for something different or something stable, 205 00:09:56.480 --> 00:09:58.679 and that would be a central bank digital currency. And 206 00:09:58.799 --> 00:10:00.559 you know, you could get your credit it's loaded up, 207 00:10:00.559 --> 00:10:02.639 but you just give your biometric data and all the 208 00:10:02.639 --> 00:10:05.320 rest and you sign up for this this new wallet. 209 00:10:05.679 --> 00:10:07.480 So that's what I was thinking. I'm not sure now, 210 00:10:07.519 --> 00:10:08.440 I mean, you may be right. 211 00:10:08.519 --> 00:10:12.240 This with the the corporation links and you know, the 212 00:10:12.240 --> 00:10:16.480 Silicon Valley PayPal mafia linked to this new administration, we 213 00:10:16.519 --> 00:10:21.120 have to watch that very closely. The technocracy really knows 214 00:10:21.159 --> 00:10:24.759 no party, and then that's that's the cue here. They 215 00:10:24.840 --> 00:10:28.559 don't they don't recognize party and they use both the 216 00:10:28.639 --> 00:10:31.639 you know, establishment parties the doopoly for their own ends. 217 00:10:31.720 --> 00:10:33.840 So that's what we still have to be very cautious 218 00:10:33.840 --> 00:10:34.320 about that. 219 00:10:34.399 --> 00:10:37.080 And the timeline may have changed a bit, but it's 220 00:10:37.080 --> 00:10:40.000 still coming CBDC will be a reality. 221 00:10:40.559 --> 00:10:42.399 You know, the World Economic Forum wasn't wrong. 222 00:10:42.480 --> 00:10:46.320 Ninety seven percent of countries have adopted some form of 223 00:10:46.320 --> 00:10:49.039 a plan for central bank digital currencies. 224 00:10:49.480 --> 00:10:51.559 So there's a This is a change, for sure. 225 00:10:51.639 --> 00:10:55.399 This result on the election is going to change some things. 226 00:10:56.120 --> 00:10:58.759 But ultimately, all that's still in the table, deeed, allgorization 227 00:10:58.879 --> 00:11:01.480 still on the table, David every all the fundamentals. 228 00:11:01.559 --> 00:11:02.240 People forget. 229 00:11:02.480 --> 00:11:05.840 Trump printed forty percent of all the dollars ever made. 230 00:11:06.039 --> 00:11:07.840 It was it was Biden sat, hold my beer and 231 00:11:08.080 --> 00:11:10.840 he doubled it. I mean, so I see, you know again, 232 00:11:11.000 --> 00:11:12.759 we've already have a history. We already know what a 233 00:11:12.759 --> 00:11:16.000 Trump administration looks like. And you know, when he ran 234 00:11:16.039 --> 00:11:19.600 in twenty fifteen, twenty sixteen, he ran against the stock market. 235 00:11:19.600 --> 00:11:21.120 He ran against the federal Reserve. 236 00:11:21.200 --> 00:11:23.080 He said, we got to audit that, we got to 237 00:11:23.080 --> 00:11:25.519 look into that, and he you know, it was it 238 00:11:25.559 --> 00:11:26.799 was vague, but he ran against it. 239 00:11:26.799 --> 00:11:28.240 He said, the stock market's a bubble. 240 00:11:28.440 --> 00:11:30.240 And then when he was elected, he said, look, greatest 241 00:11:30.240 --> 00:11:33.120 stock market of all time, right, you know, And I 242 00:11:33.120 --> 00:11:35.559 think that's the issue, is that the stock market's built 243 00:11:35.600 --> 00:11:39.600 off of debt and its ties to the central bank 244 00:11:39.639 --> 00:11:41.720 and how much liquidity it can get, and you know, 245 00:11:41.759 --> 00:11:44.320 the lowering of interest rates, which is inflation. All of 246 00:11:44.320 --> 00:11:47.600 that is inflationary, and I think Trump will push. 247 00:11:47.440 --> 00:11:48.879 More of that. I mean, that's that's it. 248 00:11:49.039 --> 00:11:50.960 It'll look good on paper, you might your four oh 249 00:11:51.000 --> 00:11:52.639 one K might look good for a little while, but 250 00:11:52.679 --> 00:11:55.960 we the fundamentals of that is that the currency's losing value. 251 00:11:56.279 --> 00:11:58.759 And I don't think that these companies are sound. A 252 00:11:58.759 --> 00:12:01.519 lot of them that are that are seeing these rallies 253 00:12:01.600 --> 00:12:02.000 right now. 254 00:12:02.200 --> 00:12:02.679 I agree. 255 00:12:02.960 --> 00:12:05.159 Yeah, that's the difference between the approach of the two. 256 00:12:05.480 --> 00:12:08.360 You know, the Democrats will come on you straight ahead, right, 257 00:12:08.840 --> 00:12:12.000 And so Biden back in twenty twenty two, he's saying, okay, 258 00:12:12.679 --> 00:12:16.000 I want everybody in the swamp, you know, everybody. That's 259 00:12:16.080 --> 00:12:19.360 all the agencies that are under the executive branch. One 260 00:12:19.360 --> 00:12:21.679 of these four areas going to redesign the financial system. 261 00:12:21.919 --> 00:12:23.840 We're going to figure out how law enforcement is going 262 00:12:23.879 --> 00:12:27.320 to force it on people. We are going to write 263 00:12:27.360 --> 00:12:28.840 the code, and we're going to tell people how we 264 00:12:28.879 --> 00:12:30.159 got to do it to save the environment. 265 00:12:30.279 --> 00:12:30.480 Right. 266 00:12:30.840 --> 00:12:34.000 And then all of a sudden, you know, they look 267 00:12:34.039 --> 00:12:35.840 at Ai and it's like, oh wait a minute, we've 268 00:12:35.840 --> 00:12:38.480 got to think about number four. You know, we're going 269 00:12:38.519 --> 00:12:40.480 to have to pivot a little bit here because this 270 00:12:40.639 --> 00:12:43.679 energy thing is is not working out for us. And 271 00:12:43.759 --> 00:12:47.000 then they realize that people know what they're going to pull, 272 00:12:47.279 --> 00:12:49.200 and so they're going to step it back and they're 273 00:12:49.200 --> 00:12:52.000 going to do it iteratively, as Fauci said, right step 274 00:12:52.039 --> 00:12:55.919 by step. And that's the danger of the Republican approach. 275 00:12:56.000 --> 00:12:57.960 They always get this stuff in. You know that people 276 00:12:57.960 --> 00:13:00.080 will say, oh, we've got a Republican president now, so 277 00:13:00.120 --> 00:13:01.960 I'm not going to buy any guns, and so they 278 00:13:01.960 --> 00:13:04.039 stopped buying guns. When a Democrat gets in, they buy 279 00:13:04.039 --> 00:13:06.039 the guns, and then it's the Republican who comes in 280 00:13:06.039 --> 00:13:07.279 and says, we're going to take the guns into the 281 00:13:07.360 --> 00:13:10.000 due process. Later we're going to start doing a gun 282 00:13:10.000 --> 00:13:12.879 control by executive order. So they always run this stuff in. 283 00:13:13.279 --> 00:13:17.320 Sometimes it's a frontal attack, sometimes it's just in the 284 00:13:17.519 --> 00:13:20.639 you know, they get people's trust and they exploit that 285 00:13:20.759 --> 00:13:22.799 trust and get people to go to sleep. And that's 286 00:13:22.840 --> 00:13:24.639 the key thing. That's why I want people to realize 287 00:13:24.679 --> 00:13:28.240 that this agenda that they've got is not going away, 288 00:13:28.519 --> 00:13:30.559 and none of the fundamentals, as you were talking about 289 00:13:30.639 --> 00:13:34.120 in terms of deficit and money creation and all the 290 00:13:34.159 --> 00:13:37.559 rest of the stuff, dedollarization. None of that is changing 291 00:13:37.679 --> 00:13:41.480 under Trump any differently than it would have been under Biden, 292 00:13:41.960 --> 00:13:45.879 except that people are going to be kind of pacified 293 00:13:46.000 --> 00:13:49.039 and not really paying attention as much because it's going 294 00:13:49.080 --> 00:13:49.879 to be coming from Trump. 295 00:13:49.960 --> 00:13:52.600 I think, yeah, well, it count me out of being 296 00:13:52.639 --> 00:13:54.200 pacified on any of that stuff. 297 00:13:54.399 --> 00:13:56.519 I saw. I pretty much saw what was going to 298 00:13:56.559 --> 00:13:56.759 come in. 299 00:13:56.840 --> 00:13:59.440 It's this rally in the stock market, gold and silver 300 00:13:59.720 --> 00:14:02.320 take die for a bit, but it all comes back. 301 00:14:02.399 --> 00:14:05.120 It'll come back because the fundamentals are still there. There's 302 00:14:05.240 --> 00:14:08.360 something wrong with our currency, there's something wrong with our policy, 303 00:14:09.159 --> 00:14:12.600 you know. And if there is a massive change see 304 00:14:12.679 --> 00:14:15.919 change geopolitically by the Trump administration, that could move things. 305 00:14:15.960 --> 00:14:17.840 But I don't see that happening. 306 00:14:17.840 --> 00:14:20.679 I mean, you're you know, the personnelist policy last time 307 00:14:20.679 --> 00:14:22.519 he hired everybody who didn't vote for him. 308 00:14:22.600 --> 00:14:23.600 So I don't know. 309 00:14:23.639 --> 00:14:26.919 I mean, will he will he bring some sort of 310 00:14:27.080 --> 00:14:30.000 ease from the tensions of geopolitically with you know, things 311 00:14:30.039 --> 00:14:31.279 like Russia and Ukraine. 312 00:14:31.279 --> 00:14:32.440 Will he actually stop that? 313 00:14:33.120 --> 00:14:35.960 Will he slow down the accelerator accelerated past to World 314 00:14:35.960 --> 00:14:38.960 War III. I hope, so, I hope, I hope I'm wrong, 315 00:14:39.480 --> 00:14:42.320 but I think, uh, you know again, central banks are 316 00:14:42.320 --> 00:14:45.159 buying gold at a record pace that will continue because 317 00:14:45.200 --> 00:14:48.080 the dollar is losing purchasing power and in order in 318 00:14:48.159 --> 00:14:51.440 order for the government to function, David, I mean, all 319 00:14:51.480 --> 00:14:53.440 these plans, all these things that they want to do. 320 00:14:53.600 --> 00:14:54.759 Neither candidate in. 321 00:14:54.720 --> 00:14:58.639 This election ran on fiscal responsibility or balancing the budget 322 00:14:58.720 --> 00:15:00.320 or anything that would have been talked to out in 323 00:15:00.320 --> 00:15:03.159 the nineteen nineties. They would have been out front, by 324 00:15:03.200 --> 00:15:04.919 the way in the nineteen nineties, and they would have 325 00:15:04.919 --> 00:15:07.320 shown the debt clock and everything else. They stopped doing 326 00:15:07.320 --> 00:15:09.559 that a long time ago because the numbers are so 327 00:15:09.879 --> 00:15:13.320 bad it gives up the game. I mean literally, if 328 00:15:13.399 --> 00:15:15.720 you have a brain at all, if you're paying attention, 329 00:15:15.799 --> 00:15:19.360 you go, well, that's those numbers aren't sustainable. Well, no 330 00:15:19.440 --> 00:15:22.759 they're not, and so it will stop eventually, you know, 331 00:15:22.799 --> 00:15:24.799 you will have to have to be And that's why 332 00:15:24.840 --> 00:15:28.879 they float these terms like reset financial reset worldwide. 333 00:15:28.919 --> 00:15:29.639 That's what these. 334 00:15:29.480 --> 00:15:33.480 Banks, folks, that's what it's not because they necessarily think 335 00:15:33.519 --> 00:15:36.360 that they're going to be a wealthier country. It's because 336 00:15:36.399 --> 00:15:38.919 they want to have a functioning country. These central banks 337 00:15:38.960 --> 00:15:42.480 are buying gold because they're going to rednominate all of 338 00:15:42.519 --> 00:15:45.519 their currencies in gold. That's what they're doing. They're going 339 00:15:45.559 --> 00:15:47.519 to reset all these balance sheets and stuff that's been 340 00:15:47.519 --> 00:15:49.639 held over since. By the way, a lot of this, 341 00:15:49.759 --> 00:15:51.440 a lot of the goal that's held on these balance 342 00:15:51.480 --> 00:15:54.360 sheets is marked at thirty five dollars an ounce. It 343 00:15:54.480 --> 00:15:57.600 never moved because that was the way it was that 344 00:15:57.679 --> 00:15:59.600 Breton Woods in nineteen forty four. A lot of these 345 00:15:59.639 --> 00:16:03.039 countries never rebalanced it and never revalued it, and a 346 00:16:03.080 --> 00:16:04.919 lot of that's what all this stuff with the bricks 347 00:16:05.000 --> 00:16:08.120 is for for their cross border payments. What they're doing 348 00:16:08.399 --> 00:16:11.159 is they're not setting up a unified currency. They're setting 349 00:16:11.200 --> 00:16:14.639 up away for all of them to trade currencies against 350 00:16:14.679 --> 00:16:17.519 their gold across their borders and for trade. 351 00:16:17.559 --> 00:16:18.639 That's really what this is. 352 00:16:18.679 --> 00:16:22.879 The dollar is already lost, you know, when the Bank 353 00:16:22.919 --> 00:16:28.639 of International Settlements gave the gave gold, you know, tier 354 00:16:28.720 --> 00:16:31.080 one reserve asset status. 355 00:16:31.679 --> 00:16:33.519 I think it's only a few years ago. 356 00:16:34.000 --> 00:16:37.679 That was massive because that had it only been currencies, 357 00:16:37.679 --> 00:16:40.320 and the gold got listed and now it's supplanted the 358 00:16:40.399 --> 00:16:43.440 euro as number two. Number one is the dollar for 359 00:16:44.159 --> 00:16:47.879 most held reserve asset. Those days are just passing. And 360 00:16:47.919 --> 00:16:50.240 I think a lot of these countries, especially the ones 361 00:16:50.440 --> 00:16:52.200 the central banks that are buying the most gold, to 362 00:16:52.279 --> 00:16:52.679 see that. 363 00:16:52.759 --> 00:16:56.039 And that's what's going to change again. The dollar. 364 00:16:56.519 --> 00:17:00.440 A Trump victory, a Harris victory, the dollar has been damaged. 365 00:17:00.519 --> 00:17:03.360 It's mortally wounded, and it's going to have to it's 366 00:17:03.399 --> 00:17:05.079 going to have to change in form. 367 00:17:05.480 --> 00:17:09.240 It has to just based off of again the debasement. 368 00:17:10.000 --> 00:17:13.000 And Larry Fink Blackrock says, it doesn't make any difference 369 00:17:13.000 --> 00:17:15.160 between the two of them. He said, you know, for 370 00:17:15.240 --> 00:17:17.119 what we're doing, it doesn't make any difference. He knows 371 00:17:17.200 --> 00:17:18.960 that it's not going to make any difference. You know, 372 00:17:19.000 --> 00:17:21.640 when you look at when everything starts to crash, and 373 00:17:21.640 --> 00:17:23.960 we've got all these different derivatives, and we've got ETFs 374 00:17:23.960 --> 00:17:25.720 and all the rest is you know, what, what does 375 00:17:25.759 --> 00:17:27.079 it go back to. It's got to go back to 376 00:17:27.119 --> 00:17:29.400 something real. Well, you know, you could look at things 377 00:17:29.480 --> 00:17:31.480 like land, but it's hard for most of us to 378 00:17:31.519 --> 00:17:34.039 own the land outright, and of course with property taxes 379 00:17:34.079 --> 00:17:37.079 you never will gold you're not gonna you know, you 380 00:17:37.440 --> 00:17:40.839 can actually own that outright, you know, And and so 381 00:17:40.880 --> 00:17:44.039 it's a it's a different perspective, and of course it's 382 00:17:44.920 --> 00:17:48.640 somebody that's really barish on all of this stuff. I 383 00:17:48.680 --> 00:17:51.799 think that's where the people who are looking at gold 384 00:17:52.039 --> 00:17:55.880 not seeing a very bright path ahead for the financial 385 00:17:55.920 --> 00:18:00.319 aspects of this. Got a couple of comments. Audi Modern 386 00:18:00.319 --> 00:18:02.960 Retro Radio says Tony is why is Wolf customer service 387 00:18:03.039 --> 00:18:05.000 is excellent? I have to switch credit cards? Are we 388 00:18:05.119 --> 00:18:08.519 enrolled using David Knight's promo link and Tony handled it quickly. Well, 389 00:18:08.559 --> 00:18:11.599 thank you for letting us know, and then for love 390 00:18:11.640 --> 00:18:13.240 of the road, thank you for the Tippy says. Please 391 00:18:13.279 --> 00:18:16.079 ask Tony if he plans on getting involved with a 392 00:18:16.119 --> 00:18:20.039 bitcoin IRA like he has with the Precious Metals IRA. 393 00:18:20.640 --> 00:18:24.960 Hope he gets that wolf Pack bitcoin up soon, he says, 394 00:18:25.000 --> 00:18:30.599 loading trucking ATM I'll listen later though, So, yeah, what 395 00:18:30.640 --> 00:18:31.039 do you think? 396 00:18:32.000 --> 00:18:32.920 That's a great question. 397 00:18:33.119 --> 00:18:36.680 There are some good products out there that are bitcoin iras. 398 00:18:37.200 --> 00:18:39.240 We get so busy with the gold and silber irays, 399 00:18:39.279 --> 00:18:42.519 I haven't thought even to link those up. That most 400 00:18:42.599 --> 00:18:44.599 likely will be an option though, if we find some way, 401 00:18:44.880 --> 00:18:48.640