Speaker 1: All right, And joining us now is Tony Rdeman of
Speaker 1: Wiswolf Gold. And you can get to Tony and let
Speaker 1: him know that you're coming through us if you go
Speaker 1: to Davidknight dot Gold and Tony does something unique that
Speaker 1: nobody else that I know I've dones, and he offers
Speaker 1: a way for you to on a regular basis, and
Speaker 1: even in small amounts as low as fifty bucks, you
Speaker 1: can start accumulating gold and silver on a regular basis.
Speaker 1: It's a great way to do a savings program. And
Speaker 1: it's a great service that he offers to people. And
Speaker 1: I'm sure you have been very, very busy the last
Speaker 1: couple of weeks. Couldn't come on the show yesterday, but
Speaker 1: glad to have you today. Thanks Tony.
Speaker 2: Oh, it's great to be back.
Speaker 3: And yeah, I couldn't come on the show yesterday just
Speaker 3: because of my schedule. I've never had this sort of
Speaker 3: mountain of activity weighing down. It's funny because we did
Speaker 3: a grand opening for my Texas location on which I'm
Speaker 3: here now in Dennis and Towns. I have an old
Speaker 3: branch Bank of America Bank that we took and made
Speaker 3: into Wisewolf Gold Silver Bitcoin. So we did a ribbon
Speaker 3: cutting and I was telling the people there. I was like, well,
Speaker 3: you know, this is the operations that started out in
Speaker 3: a shopping center in San Antonio, and now we've got,
Speaker 3: you know, two locations in two different states, and you
Speaker 3: know the membership subscription program. We're a national dealer and
Speaker 3: we are completely swamped. And we're swamped in a way
Speaker 3: that's I think very telling of where we are as
Speaker 3: an economy and what's going on with the monetary system.
Speaker 2: And we become a selling hub.
Speaker 3: People are just selling me massive amounts of silver, some gold,
Speaker 3: but lots of silver. And because this is silver's just passed,
Speaker 3: it's all time high. We broke that forty five year mark,
Speaker 3: I think, all the way up to past fifty four
Speaker 3: dollars an ounce, close to, if not fifty five in
Speaker 3: some futures metrics, and I think we're just getting started,
Speaker 3: and this happened. Really is the dam broke? It seemed
Speaker 3: in the last thirty days, David, and some of the
Speaker 3: metrics that I'm seeing, which are kind of some inside baseball,
Speaker 3: it's now taking five to seven days for the trading
Speaker 3: floor to give me credit for anything that I give them. Wow,
Speaker 3: certain large refiners have stopped buying scrap silver or sterling
Speaker 3: silver or pre nineteen sixty five coinage at any cost.
Speaker 2: They will not pay you for it, so that the
Speaker 2: institutional buying is on and.
Speaker 3: The retail side of people there are still buyers, but
Speaker 3: it's a complete inversion of the model.
Speaker 2: So we are at interesting times, and you know, I.
Speaker 3: Don't a lot of people might think this is some
Speaker 3: sort of bubble, but like you and I were texting
Speaker 3: a couple of days ago, I don't think this is
Speaker 3: a bubble at all.
Speaker 2: I think we're just getting started.
Speaker 4: Yeah.
Speaker 1: No, I mean, all the things that have made this
Speaker 1: rise are all still in place, and there's no soul
Speaker 1: for these problems that are there. So what you're seeing is,
Speaker 1: of course the institutions are buying silver, but you're seeing
Speaker 1: that at retail people are selling it because again maybe
Speaker 1: they got it for a rainy day and it's raining
Speaker 1: right now for most people, and so they're starting to
Speaker 1: sell that in And I saw that report, I guess
Speaker 1: about six months or maybe seven months ago. We talked
Speaker 1: about that, and it was at a coin show where
Speaker 1: you know, people go and buy and sell gold and
Speaker 1: silver and things like that, and this guy went around
Speaker 1: talking to all the different people at their tables, you know,
Speaker 1: very much like a gun show. We have small we
Speaker 1: have retailers who have set up a shop there, and
Speaker 1: they're all saying the same things that you know, we've
Speaker 1: got people who want to sell, but the retail level
Speaker 1: they're not buying. And that was really before it started
Speaker 1: making making these big moves that it's making now. It's
Speaker 1: a lot of those people lost out on that. But yeah,
Speaker 1: you know, it's it's pretty amazing. And we got up
Speaker 1: over forty three hundred forty didn't we on gold?
Speaker 4: Yeah, on gold for.
Speaker 2: Way past forty three hundred.
Speaker 3: We were the mid like forty three to twenty five
Speaker 3: this morning, and then we've yeah, there's taken.
Speaker 2: There's some profit taking going on.
Speaker 3: That happens on Fridays a lot, so there's some profit
Speaker 3: taking going on both gold and silver.
Speaker 1: Well, this article is like a day or so old,
Speaker 1: so it's oh, yeah, another day, another hundred dollars.
Speaker 2: Just the metrics on that. And you know, i'm my
Speaker 2: research right now.
Speaker 3: What I'm seeing, I don't know how a lot of
Speaker 3: these bigger companies they may not make it. I'm talking
Speaker 3: the bigger gold and silver, the bullyon houses because there's
Speaker 3: gonna be some real strain between paper contracts and between
Speaker 3: what they hold, especially if there's a market pullback, because
Speaker 3: you could see a sell off in gold that brings
Speaker 3: it back under four thousand.
Speaker 2: But that's an if.
Speaker 4: And I don't know.
Speaker 3: I mean, the geopolitical issues and central bank goal buying
Speaker 3: make just keep that price going indefinitely.
Speaker 4: I don't know.
Speaker 1: Yeah, but I think if it pulls back, I think
Speaker 1: it'll be a pause. But I don't think it's going
Speaker 1: to be you know, reversal like we saw happen in
Speaker 1: the nineteen eighties, you know.
Speaker 3: Or two thousand and elect Well, there will there won't
Speaker 3: be another twenty and eleven where we hit almost two
Speaker 3: thousand and then pull back to you know, eleven hundred
Speaker 3: and twelve hundred dollars an ounce.
Speaker 2: It's not happening.
Speaker 3: There's too much going on in the monetary system around
Speaker 3: the world. There's there's too much deed dollarization going on
Speaker 3: in uncertainty.
Speaker 2: But it is interesting to watch.
Speaker 3: And you mentioned, you know, my subscription program is a
Speaker 3: lot of those people. Yeah, you get you can start
Speaker 3: out at fifty dollars. Just the packages get lighter and
Speaker 3: lighter folks. There's nothing I can do about it because
Speaker 3: if you're seeing the prices, we put as much as
Speaker 3: we can in those packages. And if you started out,
Speaker 3: you know, a while ago with me, you've done really well.
Speaker 4: But so it's saving you shipping costs.
Speaker 2: Right, that's a good. That is a good. Uh, you know,
Speaker 2: it's a silver lining. No fun intended, but it is.
Speaker 3: It is interesting. A lot of those folks are up.
Speaker 3: Everybody that's been wolfpack is up. But yeah, the the
Speaker 3: average walk in customer that's just gonna buy some silver,
Speaker 3: buy some gold, I do.
Speaker 2: Not see those.
Speaker 3: I mean, that's not I mean, it's a rarity at
Speaker 3: this point. And we're just scrambling because of cash flow.
Speaker 3: Keeps me busy, David, trying to figure out where to
Speaker 3: put all this stuff I got. I think I got
Speaker 3: a thousand ounces of silver behind me on the desk,
Speaker 3: goes sorting through this morning, trying to figure out where
Speaker 3: am I going to sell it? You know, so and
Speaker 3: especially when the price dips, you know, because we buy
Speaker 3: pay for.
Speaker 2: It so high.
Speaker 3: So I think I'm really thankful that I have the
Speaker 3: model of the business model that I have because I'm
Speaker 3: not under this massive I don't have the sort of
Speaker 3: damicles over me. I'm gonna make it. It's gonna be fine.
Speaker 3: But I can't imagine housing this stuff with this price
Speaker 3: volatility and this these numbers.
Speaker 4: So that's the thing that's happening throughout our economy.
Speaker 1: You know, you look at all these small and medium
Speaker 1: sigence comempanies and how they are trying to deal with
Speaker 1: the chaos and volatility of Trump's tariffs, and it's this
Speaker 1: rapid rate of change, this acceleration that's happening with everything
Speaker 1: in different ways. It makes it really really difficult to
Speaker 1: survive when everything is changing so rapidly like that.
Speaker 3: Yeah, this is a metric I think of the chaos.
Speaker 3: And there was an article on zero Hedge that's up
Speaker 3: today about you should measure the growth and markets by gold,
Speaker 3: and you'll see they're not that impressive, like some of
Speaker 3: the things that they've built up, whether it's AI or
Speaker 3: you know, whether it's crypto or anything else, whether it's
Speaker 3: these new sectors, and you know, the stock market of
Speaker 3: the S and P. A lot of that stuff is
Speaker 3: just trading sideways if you actually look at it from
Speaker 3: gold's perspective, and gold is actually money. So the fault
Speaker 3: lines are there visibly for everybody to see that this
Speaker 3: is FIOT economy is built on fake and any sort
Speaker 3: of real strain or exposure to reality.
Speaker 2: Is detrimental to the FIAT system.
Speaker 3: I think that's what we're seeing with the uncertainty of
Speaker 3: the tariffs or the geopolitical tensions. Central banks are the buyers.
Speaker 3: I think what we'll see too, David, and I don't know.
Speaker 3: This is just a hunch in my own research, but
Speaker 3: I think that we'll start seeing other state actors being
Speaker 3: shown to be buying silver.
Speaker 2: India may be one of them as well.
Speaker 3: I know we talked about Russia putting silver on out
Speaker 3: front as a strategic reserve asset. I think that's one
Speaker 3: of the reasons why we're seeing silver in the price
Speaker 3: it is. Nation states are getting involved. You know, you
Speaker 3: mentioned Jamie demon and JP Morgan, the O their largest
Speaker 3: physical holder of private in the world, private holder of
Speaker 3: physical silver in the world, and of course they suppressed
Speaker 3: the price for a long time. Those price suppression moves
Speaker 3: aren't there anymore. That's another tell something else is up.
Speaker 3: And China's just put silver. China's stockpiling silver for their
Speaker 3: weapons systems in their industrial base as well.
Speaker 4: Well.
Speaker 1: Yeah, as far as Jamie Demon goes, he said, yeah,
Speaker 1: he sees a gold going five thousand.
Speaker 4: He said, maybe ten thousand in the short term.
Speaker 1: And he said, but I'm not buying any I'm not
Speaker 1: a buyer of gold. It cost four percent if I
Speaker 1: keep that talking about something that maybe is going to
Speaker 1: go up, you know, twenty twenty five percent, or maybe
Speaker 1: two hundred and fifty percent, But you don't want to
Speaker 1: pay that four percent. Think none of it makes any sense.
Speaker 1: But I remember he was doing the same kind of
Speaker 1: stuff with bitcoin. He was trash talking bitcoin at the
Speaker 1: same time that JP Morgan was setting up their own
Speaker 1: crypto stuff.
Speaker 2: Right, that's right, Yeah, he's I.
Speaker 4: Don't trust him. He will tell you. He'll tell you a.
Speaker 1: Story so that he can take advantage of the marketplace.
Speaker 3: I think, yeah, that's that pump and dump style of
Speaker 3: you know, the press release that he would do. I
Speaker 3: remember twenty eighteen and he was saying that him and
Speaker 3: Larry Fink by the way of Black Rocks.
Speaker 2: Saying that bitcoin was a.
Speaker 3: Yard stick of money laundering or something you know, as
Speaker 3: a measurement of money laundering and criminality and then they're, oh,
Speaker 3: we're going to launch the first successful bitcoin etf Okay.
Speaker 3: You know, so a lot of those things are don't
Speaker 3: buy it, don't buy it. Same thing with silver, but
Speaker 3: you know there's not if you go back to twenty
Speaker 3: and twenty one was I remember this vividly. There was
Speaker 3: the Wall Street bets crowd and they had this whole thing,
Speaker 3: the Reddit Raiders all this. Guys said buy all the
Speaker 3: physical silver. So people went into shops all over the
Speaker 3: United States and bought out all the physical silver. And
Speaker 3: I was one of those shops. People come in and
Speaker 3: just rated all the everything that I had, and the
Speaker 3: next day the spot price for silver went down.
Speaker 2: And I go, that is to tell because.
Speaker 3: They sold off one point three times the annual supply
Speaker 3: of silver in the paper market in one day. They
Speaker 3: just sold it, and so one point three times the
Speaker 3: annual supply, so it suppressed the price. That was I
Speaker 3: think that one of the last gas where you can
Speaker 3: show that there's no silver available but the price goes down.
Speaker 4: Wow.
Speaker 3: And that's that happened in February of twenty twenty one.
Speaker 3: Those moves aren't happening now, and I think the the
Speaker 3: tariffs and that was kind of you. Remember you and
Speaker 3: I talked on Halloween last year. I remember it was
Speaker 3: right before the election, because the election was on November
Speaker 3: fifth last year, and I was.
Speaker 2: Out in Florida.
Speaker 3: I remember we were discussing what was going to happen
Speaker 3: in the election. And you know, if Kamala Winds will
Speaker 3: see a increase in the price of silver and gold
Speaker 3: and crypto will take a hit because of the regulatory
Speaker 3: the oversight that the Biden administration and especially the left
Speaker 3: one to give crypto or Elizabeth Warren and if you know,
Speaker 3: Trump wins, crypto goes up and there'd be a discount
Speaker 3: on gold and silver. Well think about that discount that
Speaker 3: you talked about on your show or like, hey it's
Speaker 3: silver and gold went down after the election, and crypto
Speaker 3: went up. Of course, Bitcoin hit one hundred thousand in
Speaker 3: December of last year.
Speaker 2: I think it was December fourth.
Speaker 1: Remember I had that that commercial I did for the commercial.
Speaker 4: Yes, yeah, gold and sober are on sale. Boys and
Speaker 4: Girls was on sale, and that's right, it was.
Speaker 3: And I just think, you know, in previous bull markets,
Speaker 3: I'm not even sure I would call this a bull
Speaker 3: market for gold.
Speaker 2: I think this is this is just reality setting in.
Speaker 3: The dollars lost what forty five percent plus purchasing power
Speaker 3: against gold in the last year.
Speaker 2: That's if you're saving.
Speaker 3: And think about how devastating that is for or is
Speaker 3: going to be for somebody in just a regular consumer
Speaker 3: or their you know.
Speaker 1: Yeah, you put your money in the bank and not
Speaker 1: only did not even bother to pay you any interest now,
Speaker 1: but the dollars losing its value. So all these things
Speaker 1: that are there, the debt, the inflation, the new financial
Speaker 1: systems that are being built and everything, all of that
Speaker 1: is pushing people into gold. I'm just amazed to see
Speaker 1: it how many people are jumping into the ETFs, and
Speaker 1: that's been a big part of it. So you know,
Speaker 1: they're scrambling to try to get some gold to try
Speaker 1: to cover themselves. But I just look at it, and
Speaker 1: you know, if you're going to get gold, get physical
Speaker 1: gold or silver, don't get into these derivative funds. I
Speaker 1: think that's a very very risky thing.
Speaker 3: Frankly, I think it certainly can be. You got counterparty
Speaker 3: risks there, you know. And I'm like, and I've got
Speaker 3: I've got a silver coin in my hand, or I've
Speaker 3: got an ounce of gold or whatever. Some gold, I
Speaker 3: don't have any counterparty risk, especially if you're buying it
Speaker 3: from a dealer that you trust, and you know you
Speaker 3: source that product from the right place, you have no
Speaker 3: counterparty risk whatsoever. And that to me, you know, the
Speaker 3: we talked about the ultimate privacy coin really is an
Speaker 3: ounce of silver. It's the ultimate, the ultimate privacy coin
Speaker 3: between two people. There's no there's no blockchain, but that
Speaker 3: I think decentralized money.
Speaker 2: Really is the future.
Speaker 3: And I know that the banking overlords know that, the
Speaker 3: great reset folks know that they're trying desperately to to
Speaker 3: accelerate this plan of putting us all in some you know,
Speaker 3: digitized blockchain dystopian you know, un coin or something. They'd
Speaker 3: like to do that, but you know, it's chaos everywhere.
Speaker 3: It's just you know, you can see the fall of
Speaker 3: these fiat currencies on the horizon. It's not going to
Speaker 3: happen tomorrow, but it is happening. I mean, watching the
Speaker 3: death of that.
Speaker 1: And then I think, when you look at the crypto
Speaker 1: stuff again, this PayPal's crypto partner minted a whopping three
Speaker 1: hundred trillion with a tea worth of stable coins, and
Speaker 1: it was a technical error, so they were there for
Speaker 1: about a half hour, and then they stuck them in
Speaker 1: a wallet to essentially burn them and make sure they
Speaker 1: couldn't get there. But the question is, you know, if
Speaker 1: the stable coins, My first question was, how in the
Speaker 1: world can they create three hundred trillion dollars worth of
Speaker 1: stable coins if the stable coins are supposed to be
Speaker 1: tied to some finite resource like tea bills or gold
Speaker 1: or something like this. To me, that is a huge
Speaker 1: red flag for the whole stable coin thing.
Speaker 5: We've tied them to all the oxygen molecules on the planet.
Speaker 1: So yeah, well, as I think a zero hedge pointed
Speaker 1: out somewhere in the story that it's more than all
Speaker 1: the all the currency worldwide or something like that.
Speaker 3: Oh yeah, yeah, right, sure, mister PONSI would be proud of.
Speaker 2: This operation. Think of this.
Speaker 3: You create a digitized coin and you say, well, this
Speaker 3: is tethered to the dollar. So it's like, you make
Speaker 3: this thing outside of the dollar, but it's supposed to
Speaker 3: be tethered to the value of the dollar, and it's
Speaker 3: back by whatever you say you back it by. But
Speaker 3: people put and buy those units, and then you take
Speaker 3: those units and you buy gold with them, David, because
Speaker 3: that's what they're doing. Matter of fact, think about that,
Speaker 3: they're buying gold, buying some bitcoin, but they're buying gold.
Speaker 3: And they're also taking some of those same dollars that
Speaker 3: you buy in and you you know, dollar for dollar
Speaker 3: and you match them and you get a blockchain digitized
Speaker 3: dollar and they're gonna buy gold mining stocks because that's
Speaker 3: what they're doing too.
Speaker 2: That was up on Kitko.
Speaker 3: A lot of these this could be as well, like
Speaker 3: a lot of the acceleration and I think after the
Speaker 3: Genius Act, and we talked about this to rehouse value,
Speaker 3: they may just be dumping into it. May be a
Speaker 3: transition of some kind, like the like the digitized stable
Speaker 3: coin is going to identify as the dollars, and I'm
Speaker 3: talking about that of transition, and they're gonna they're gonna
Speaker 3: be buying up all these commodities with the things that
Speaker 3: people buy and you give them real value and they
Speaker 3: turn around and buy something else with it. There's this
Speaker 3: is this is a transfer of wealth and wrapping your
Speaker 3: head around it, you know, because we don't on the inside,
Speaker 3: I don't see it, but I look and see there's
Speaker 3: something up here.
Speaker 1: Yeah, you know when you have this is the stat here.
Speaker 1: It requires more than double the world's estimated total GDP
Speaker 1: to have three hundred trillion dollars worth US something like that.
Speaker 1: So they just make this up out of nowhere. You know,
Speaker 1: this is one things Tony. When we look at the
Speaker 1: Genius Act, I think I know where they came up
Speaker 1: with that that name. Somebody said, you know, we want
Speaker 1: to set up a CBDC and uh, but people are
Speaker 1: onto us about that. And not only that, but people
Speaker 1: onto our scam about the Fiat currency. Can't get central
Speaker 1: banks and other nations to buy it anymore. So somebody says,
Speaker 1: well the stable coin thing. Somebody says, genius.
Speaker 2: Genius y genious Street Act. Yeah.
Speaker 3: The Patriot Act is supposed to target patriots. Yeah, and
Speaker 3: then you know, the Genius Act is against geniuses, the
Speaker 3: actual geniuses. People that would be like, no, that's not right, No, no, no, no,
Speaker 3: that's genius.
Speaker 4: Yeah. I tell you.
Speaker 1: It's just it's such a pump and dump scam. It's
Speaker 1: truly is amazing. But again, this is being brought to
Speaker 1: you by PayPal, in whom I don't have any confidence.
Speaker 1: These are the guys who kicked me off four and
Speaker 1: a half years ago. Yeah, twenty one May.
Speaker 5: And sorry, you know, I'm not going to give you
Speaker 5: any info about that. Yeah, just says it's to be terminated.
Speaker 1: So I took a little bit of Shaddenfreuder there saying
Speaker 1: that this was happening to PayPal in their stable coin,
Speaker 1: which is the sixth largest stable.
Speaker 4: Coin by the way.
Speaker 1: But I imagine that Lucky Lutnik is wondering what's going
Speaker 1: to happen in terms of people's confidence should be shaken
Speaker 1: in this thing, I think.
Speaker 5: But question here for Tony. It's from high Boost, he says.
Speaker 5: Ask Tony about Fink's comments about tokenizing the global economy.
Speaker 3: Oh, Larry Fink, Well, you know, and he's talked about
Speaker 3: they're trying to figure out how.
Speaker 2: To save real estate.
Speaker 3: In my opinion, they're trying to fit because real estate
Speaker 3: is a real problem around the world, especially after COVID
Speaker 3: nineteen eighty four, and you know, Jerald Silente has talked
Speaker 3: about this, like those massive office complex and high rises
Speaker 3: that were vacated over the and then then propped up
Speaker 3: like so these are a lot of these companies are zombies,
Speaker 3: you know. And you've had that Canadian retirement Fund like
Speaker 3: the National Fund sold a high rise for a dollar
Speaker 3: last year or something like that because just for the debt,
Speaker 3: just for the assumption of debt. So real estate I
Speaker 3: think is in a big bubble and they've got to.
Speaker 2: Provide all this.
Speaker 3: You know, return for their clients because a lot of
Speaker 3: these Vanguard and black Rock and all these people, you know,
Speaker 3: it's just offering like we're going to use your money
Speaker 3: and shuffle it around and you'll get X return, and
Speaker 3: then there's going to be this I think real estate's overbought.
Speaker 3: It's had to house too much failure from FIAT, and
Speaker 3: it's an illusion, in my opinion. There's lots of there's
Speaker 3: some great podcast out there by bitcoiners who have gone
Speaker 3: from real estate to bitcoin. I think that's an interesting
Speaker 3: it's at least a thought experiment of especially like gen
Speaker 3: Z who can't buy a house and buying bitcoin instead
Speaker 3: or something like that.
Speaker 2: So they're trying to just put lipstick on a pig
Speaker 2: and say.
Speaker 3: Hey, we're going to tokenize real estate, you know, through
Speaker 3: these through these coins, and you can have a piece
Speaker 3: of the deal, and then we can it's just like
Speaker 3: anything else, just like a stock that you can pump
Speaker 3: up and it's you know, time's earnings, it's this, and
Speaker 3: I mean if you want to follow that lure, then
Speaker 3: you're welcome to not my I won't be doing that.
Speaker 3: I won't be buying any tokenized things from Blackrock.
Speaker 1: Well, you know, you go back and look at how
Speaker 1: you got is really got a leg up on everything
Speaker 1: was with the real estate crash because that was all
Speaker 1: about securitization, which is a form of tokenization. Right, So
Speaker 1: we've all seen this game before. They just change it slightly,
Speaker 1: they tweak it slightly, and they keep pulling the same
Speaker 1: type of schemes again.
Speaker 4: You know, when you look at two.
Speaker 1: Thousand and seven, two thousand and eight, why would we
Speaker 1: want to go down that road again? But again going
Speaker 1: back to this, this PayPal minting three hundred trillion dollars.
Speaker 1: Their whole market cap for their stable coin is just
Speaker 1: over two billion, so you know they're going to do
Speaker 1: something that is.
Speaker 4: Just what would that be? That would be.
Speaker 1: Three hundred thousand When you got two dollars and you
Speaker 1: create three hundred thousand dollars out of it, That's a
Speaker 1: pretty good profit margin, isn't that?
Speaker 4: Tony?
Speaker 1: How in the world, what kind of a system even
Speaker 1: lets them do that. I mean, they caught it and
Speaker 1: then shut it down after a half hour, But what
Speaker 1: kind of a system do they have, you know, who's
Speaker 1: monitoring this stuff to make sure that it is stable,
Speaker 1: but it is secured by something nobody, And so that's
Speaker 1: the same kind of stuff they're going to do with
Speaker 1: this tokenization.
Speaker 3: I think, yeah, not stable and not a coin. Wherever
Speaker 3: I heard that federal and reserved? Yeah, no, it's yeah,
Speaker 3: You're right, David, this is this is the off ramp. Though,
Speaker 3: if we're really honest, do we look at this from
Speaker 3: the lens of what you and I? I mean, I
Speaker 3: think we have similar views on how history works and
Speaker 3: what the next steps will be.
Speaker 2: I think that the.
Speaker 3: Off ramp for the dollar, if it wants to continue
Speaker 3: to have hegemonic dominance around the world, is the stable coins.
Speaker 2: It's it's the way to do it.
Speaker 3: You can, especially since we lost or purposely lost the
Speaker 3: petro dollar last year, so we're no longer the petro
Speaker 3: economy or the petro dollar, and then seeing we're all that,
Speaker 3: the velocity of that, the money velocity of that is gone.
Speaker 2: It looks to me, and I'm not the only one
Speaker 2: who thinks.
Speaker 3: This the answer for the overlords is to put everybody
Speaker 3: through stable coins and and then you know, use that
Speaker 3: public private partnership, which works out well for for the
Speaker 3: you know, the overlords or whatever.
Speaker 4: You want to friends of Trump, friends of friends of.
Speaker 3: Trump, you know, the the great recept, great Reset, Klaus
Speaker 3: Schwabian types. Yeah, they like that. They like that public
Speaker 3: private partnership because you can't really fori you you know,
Speaker 3: a corporation, and they're gonna they're gonna use that, I
Speaker 3: think is a is their favorite tool.
Speaker 1: You know, there's an interesting chart here in a zero
Speaker 1: Hedge article. You're mentioning stocks don't look that good if
Speaker 1: you price them in gold. And here's why. I mean,
Speaker 1: if you go back and you look at all, right,
Speaker 1: silver is up thirty six point six percent. Close to
Speaker 1: that is NASDAC and thirty five percent, but gold is
Speaker 1: up fifty three point six per three point six percent.
Speaker 4: And this was done.
Speaker 1: This is the data that was taken when gold was
Speaker 1: back at thirty nine hundred and forty six dollars an ounce.
Speaker 1: So I mean we're talking about a couple of weeks ago,
Speaker 1: you know, when we're looking at something like this, But
Speaker 1: you look at something like the Standard and Poor five
Speaker 1: hundred that's at only seventeen percent up, and the now
Speaker 1: Jones average is up only Let's see if I got
Speaker 1: fourteen percent and the Russell two hundred was up eighteen percent.
Speaker 1: So you know, that's why when we look at these
Speaker 1: different stock exchanges, the stocks have not been doing that well,
Speaker 1: which is really kind of surprising because usually this quantitative
Speaker 1: easing and they you know, things like that are usually
Speaker 1: flow through Wall Street, through the stocks. That's where you
Speaker 1: see it being pumped a great deal.
Speaker 3: Yeah, that pet Rock's doing pretty good against all this
Speaker 3: sophisticated stuff.
Speaker 2: Like Warren Buffett talked about gold.
Speaker 3: I don't know what when he just sits there doesn't
Speaker 3: do any well, that's because it's money, you know, and
Speaker 3: then it doesn't do it. I mean, it houses energy.
Speaker 3: It's not supposed to do anything. And then that's you know,
Speaker 3: you look at a lot of these companies. They're they're overbought,
Speaker 3: they're over leverage. There you know, there's one hundred times
Speaker 3: thousand times earnings whatever these people bake into their price
Speaker 3: models anymore. I don't know if you can trust that.
Speaker 3: Lets some people make money in the stock market. I mean, God,
Speaker 3: bless them.
Speaker 4: I don't.
Speaker 3: I don't really, you know, I want them to be successful,
Speaker 3: but it's not my thing, and I don't see I'm
Speaker 3: not going to give anybody.
Speaker 2: I'm gon give you my money. I mean maybe some maybe.
Speaker 3: Some gold mining or silver mining stocks at this point,
Speaker 3: because I think a lot of those stocks are probably cheap.
Speaker 2: But I mean I wouldn't. You know. Again, I'm not
Speaker 2: in control of that.
Speaker 3: And that's the counterparty risk argument, especially after what we've seen.
Speaker 3: It's the proximity that these multinationals have to the money printer,
Speaker 3: the proximity that they have the money printer to be
Speaker 3: there first when they offload or there's you know, quantitative
Speaker 3: easing or rate cuts or whatever they benefit and the
Speaker 3: last people to see anything or the you know, the
Speaker 3: regular folks, and.
Speaker 2: They get hurt by it because prices increase.
Speaker 3: So that's you know, this is a new era for
Speaker 3: for money, David. I'm studying it every morning and doing
Speaker 3: my best to wrap my mind around it.
Speaker 2: But it is interesting times.
Speaker 3: I was talking to the sort of trader from the
Speaker 3: trading for you know, we talked last week and he said,
Speaker 3: we are in interesting times, don't it. Because I asked
Speaker 3: him myself, what are you even going by? Like what
Speaker 3: spot price be goes. We have our own spot price.
Speaker 3: It's internal and.
Speaker 6: I said based off what? Based off futures? So I'm like,
Speaker 6: I got to follow your spot price. It's just that's
Speaker 6: never happened before. And the reason is I a lot
Speaker 6: of these bigger companies.
Speaker 3: In my opinion, there's having to buy and house and
Speaker 3: move so much because the average person is offloading because
Speaker 3: the economy is not great.
Speaker 2: Matter of fact, I got a text from Charlie Robinson yesterday.
Speaker 3: He's talking about India and some people in China and
Speaker 3: it's like they're lining up around the block.
Speaker 2: They're buying gold, And I said, people here are not
Speaker 2: doing that.
Speaker 4: Yeah.
Speaker 3: And as a matter of fact, that I spend in
Speaker 3: most of my day trying to figure out where where
Speaker 3: to sell stuff to. I've got boxes of right here
Speaker 3: on my day, I've got boxes of silver, sterling silver
Speaker 3: that has no bars.
Speaker 2: Wow, think I have to figure out I may. I may,
Speaker 2: by the way, I may.
Speaker 3: Maybe I'll do a Kickstarter or something and I'll put
Speaker 3: a refining equipment back here in the back and we'll
Speaker 3: start melting our own stuff and make our own bars.
Speaker 3: I mean, this may be the opportunity to do it
Speaker 3: because there's nope that these other places are are under
Speaker 3: such strain.
Speaker 1: It's amazing. Well, again, it's the kind of you know,
Speaker 1: froth and uncertainty chaos that we see everywhere. You're trying
Speaker 1: to deal with this. Just like somebody who has to
Speaker 1: import a few things in order for them to manufacture
Speaker 1: something in America, They've got to be able to import,
Speaker 1: and they're kind of frozen because they don't know what
Speaker 1: to do. They don't know whether their terrafs are going
Speaker 1: to be from day to day, and so we're seeing
Speaker 1: that kind of stuff as well because of this volatility.
Speaker 1: The volatility is its own problem and that is only
Speaker 1: increasing along with everything else like the debt and the
Speaker 1: inflation and the geopolitical issues that are there. It's the
Speaker 1: volatiley that's there. So, yeah, anything you want to tell
Speaker 1: us about what's happening there at Wisewolf, all, well.
Speaker 3: We're just taking care of taking care of our customers
Speaker 3: and our wolf pack, and I'm paying attention to what
Speaker 3: goes in those packages. We appreciate everybody that stayed on.
Speaker 3: It's one of the reasons that we built that up
Speaker 3: and we've got a place to get you some great
Speaker 3: deals on silver because it's walking in every single day.
Speaker 2: We'll have some news coming out soon.
Speaker 3: On some promotions and things, but just trying to get
Speaker 3: make sure all the stuff works. So that's my goal
Speaker 3: right now. Ye, Davidnight dot Gold and appreciate all your
Speaker 3: your listener's David, everybody who supports us, and well.
Speaker 1: We appreciate your support, Tony, thank you so much. And
Speaker 1: again it's been a great deal for anybody who listened
Speaker 1: to you. I mean, you see, we don't pretic just
Speaker 1: Jerald Slinty's coming up and as he says, I don't
Speaker 1: make exact predictions of when things are going to happen.
Speaker 1: I look at trends, and we can look at a
Speaker 1: trend and we can see that it's still pointing strongly
Speaker 1: towards gold and silver and things like that because of
Speaker 1: all the things that have been driving this have remained
Speaker 1: there as problems if they haven't exacerbated in most of
Speaker 1: these cases. And so the case for gold and for
Speaker 1: silver is still strong. Doesn't mean that it isn't going
Speaker 1: to have some noise along the way, but it's been
Speaker 1: a great investment for people.
Speaker 4: I think as we look at this.
Speaker 1: Thank you so much for your help, Tony, and again
Speaker 1: David Knight dot gold take you to Tony Arban's Wise
Speaker 1: Wolf Folks and thank you, Tony. Appreciate thank you. It's
Speaker 1: been a great deal for a lot of people.
Speaker 4: Thank you.
Speaker 1: The common Man. They created common Core and dumb down
Speaker 1: our children. They created common past track and control us.
Speaker 1: They're Commons project to make sure the commoners own nothing
Speaker 1: and the communist future. They see the common man as simple,
Speaker 1: unsophisticated ordinary. But each of us has worth and dignity
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