Speaker 1: Joining us now is Tony Arburn of Wisewolf Gold and Silver.
Speaker 1: And of course you can get to Tony through David Knight,
Speaker 1: not Gold. Lets him know that you came through us.
Speaker 1: Thank you for joining us, Tony. It's been another interesting week,
Speaker 1: hasn't it with gold and silver?
Speaker 2: Interesting week?
Speaker 3: When I got off air with you last week, at
Speaker 3: this time, gold was trading around fifty five hundred and
Speaker 3: fifty six hundred an ounce, and then the next day
Speaker 3: I woke up and I set prices and I started
Speaker 3: to see just the red on the screen. And the
Speaker 3: same thing with silver. It went from like one hundred
Speaker 3: and ten dollars an ounce down to seventy something. Yeah
Speaker 3: about something. Gold dropped almost one thousand dollars an ounce
Speaker 3: and then bounced back. So yeah, at the top it
Speaker 3: was fifty seven hundred that's last week, and then down
Speaker 3: to forty seven hundred or so. And that happened in
Speaker 3: a twenty four hour So yeah, why we'll survive the
Speaker 3: largest downturn of gold and silver and history in a
Speaker 3: flash like that.
Speaker 2: So wow, I don't envy you.
Speaker 1: I don't know how you do it, because I tell
Speaker 1: you this is yeah, this is absolutely crazy. The big
Speaker 1: swings that are going back and forth. What do you
Speaker 1: think I mean, some people have said that they think that,
Speaker 1: of course, a lot of people are getting out of bitcoin,
Speaker 1: perhaps getting into gold. Maybe these guys are then selling
Speaker 1: off gold because they've got to cover short positions that
Speaker 1: are starting to drop. What do you think was going
Speaker 1: on behind that?
Speaker 2: Well, I think it's a lot of factors.
Speaker 3: Thesh nomination carried a certain psychological weight to it. A
Speaker 3: lot of people went back to his previous remarks about
Speaker 3: a strong dollar and his supportive of things like bitcoin
Speaker 3: and other things, and there was this feeling that, oh, well,
Speaker 3: the dollar is going to be strengthened. That was at
Speaker 3: least some of the press release that was out. But
Speaker 3: if you're following any of this or paying attention, you
Speaker 3: know the Trumpet minute, and Trump himself has talked about
Speaker 3: the need for a week dollar. The whole premise of
Speaker 3: everything that if there is a strategy here at all,
Speaker 3: the strategy is just.
Speaker 2: A week dollar.
Speaker 3: And the you know, the berating of Jerome Power for
Speaker 3: not lowering rates over the last year. You think that
Speaker 3: the new nominees not going to just lower rates. I mean,
Speaker 3: that's where we're going we're going to lower rates, we're
Speaker 3: gonna print, we're going to expand the money supply. That's
Speaker 3: the entire system is built off of that. So I
Speaker 3: thought that was a false narrative that was launched that
Speaker 3: pulled the price down a bit. But honestly, I think
Speaker 3: the system itself can't handle these prices the way that
Speaker 3: they are, David, I'm seeing it on my level. You know,
Speaker 3: the wholesalers are now not even locking trades anymore. You
Speaker 3: can't get liquid for seven to ten days. It's a
Speaker 3: three to four week window to get paid out at wholesalers.
Speaker 3: The whole system is cracking because everybody's trying to sell
Speaker 3: it at once, and of course there are buyers. You know,
Speaker 3: the average buying from central banks of gold alone last
Speaker 3: year was twenty seven tons a month, twenty seven tons
Speaker 3: a month in the year of twenty twenty five. So no,
Speaker 3: none of the demand is going away. All the fundamentals
Speaker 3: are there, all the demand is there, but it's bottlenecked
Speaker 3: and the prices are inviting, you know, the speculation to
Speaker 3: sell and to trade, and the whole thing. Even the
Speaker 3: London Exchange last week quote unquote air quotes, you know,
Speaker 3: they shut down because there was an internet issue or something.
Speaker 3: You know, they just shut down because these prices you're
Speaker 3: swinging all over the place, you can put you out
Speaker 3: of business. Yeah, and I think I think the stress
Speaker 3: on the market is definitely showing up. But the prices
Speaker 3: will go back above five thousand in gold for sure,
Speaker 3: one hundred dollars an ounce silver. We finally broke. The
Speaker 3: paper market is breaking, yeah, And so there's there's a
Speaker 3: lot of factors.
Speaker 2: Here and again when people feel like, oh, well.
Speaker 3: It's the dollars fund, like that's the sentiment from like
Speaker 3: the Wall Street you know, the people that watch CNBC. Oh,
Speaker 3: the dollar's going to be fine because now everything's gonna
Speaker 3: come out in the wash. You know, we're gonna put
Speaker 3: everything to the wash. It's gonna be fine. And it's
Speaker 3: it's not. So they may sell off positions in paper
Speaker 3: or do something and move do profit taking in gold
Speaker 3: or silver and then get into what AI stocks or
Speaker 3: I heard the last segment that you know you're bringing
Speaker 3: in the show.
Speaker 2: And where are they going? Yeah, where do you go?
Speaker 2: And you know we can talk bitcoin and other things.
Speaker 3: I think there's just a lot happening right now that
Speaker 3: are not normal market conditions, and you know, I'm just
Speaker 3: happy to be here and still survive it.
Speaker 1: It's yeah, congratulations, that's crazy. Well, you know again, I've
Speaker 1: been saying that white cold Trump does his pick. Now
Speaker 1: he picks somebody that I think is you know Wash.
Speaker 1: I think it is going to be a whitewash of
Speaker 1: what he really wants to do. Right, But we've seen
Speaker 1: Trump do this kind of stuff before. Oh look he's
Speaker 1: got cash. We're telling Den Bongino. Now we're really going
Speaker 1: to see the FBI get honest really right. So you
Speaker 1: think that anybody thinks that Kevin Walsh is going to
Speaker 1: be honest with us stuff. If you think that he's
Speaker 1: not going to do exactly what Trump wants done, you
Speaker 1: haven't been paying attention to Trump or anything else.
Speaker 3: Trump even joked, you know, I'll follow a lawsuit if
Speaker 3: he doesn't lower interest rates.
Speaker 2: Even joked about it already.
Speaker 1: That's right, you know, become lower interest rates and also
Speaker 1: probably do quantitative easing as well. You know Trump wants.
Speaker 3: This is this is the big print, I mean, and
Speaker 3: the book by Larry Lapard. You know, he put this
Speaker 3: thesis out a couple of years ago. It's the big print.
Speaker 3: And it's one big, massive push before they reset the
Speaker 3: whole monetary system.
Speaker 2: And I think that's what we're being primed for right now.
Speaker 3: As I was saying to you off air, these little
Speaker 3: signposts on the road, if you're paying attention, Tether has
Speaker 3: one hundred and eighty seven billion dollar market cap.
Speaker 2: Now what does tether do? Right? Tether? If you want
Speaker 2: to hold a digital dollar, it's tethered to the dollar.
Speaker 3: Yeah, do you put in the system and they go
Speaker 3: buy treasuries or they'll buy gold or do something.
Speaker 2: It backs whatever one to one that you do.
Speaker 3: And they've had a huge they buy gold like a
Speaker 3: central bank.
Speaker 2: Now they have big coin holdings.
Speaker 3: Yeah, So just that one stable coin one hundred and
Speaker 3: eighty seven billion dollar market cap.
Speaker 1: And again, stable coin is I think the the it's
Speaker 1: like the masked ice agents or something, right, this is
Speaker 1: the mask that pretends that it's not CBDC, but it
Speaker 1: is CBDC. It's got all the characteristics of CBDC. They
Speaker 1: made sure it had it, but it is. Larry Lutnik
Speaker 1: also a friend in powell long term post pedophile conviction.
Speaker 1: Even Larry Luttnak a big pal of Jeffrey Epstein, and
Speaker 1: tether is his baby and he's now our commerce secretary.
Speaker 1: What you know, we look at this, we got a
Speaker 1: Treasury secretary who is a source's right hand man. We've
Speaker 1: got Larry Lukmikku has been Jeffrey Epstein's right hand man
Speaker 1: and working on the tether coin and the stable coins
Speaker 1: and stuff like that, which they want to move us into.
Speaker 1: The previous commerce secretary that you had from a Trump
Speaker 1: administration was Wilbert Ross, who was a Rosschild agent all
Speaker 1: his life. Does anybody get a clue what's going on
Speaker 1: with the Trump regime? I mean, it's crazy, isn't it.
Speaker 3: One of my favorite memes in the last few years
Speaker 3: is just it shows the Earth and there's an arrow
Speaker 3: pointing towards it and it says you are here paying
Speaker 3: taxes to pedophiles and.
Speaker 2: Just if you want to know where you are, And
Speaker 2: I always thought that was fun.
Speaker 3: But yeah, when you dig deep enough and you find
Speaker 3: the roots of all these things, that's why people have
Speaker 3: always been I mean, it's skeptical of anything. That mean,
Speaker 3: gold's manipulated, silver's manipulated. Bitcoin maybe not its origin, but
Speaker 3: you know, somewhere along the way and maybe for nefarious
Speaker 3: purposes things have happened to Bitcoin is steered a certain way.
Speaker 3: That's certainly a potentiality. And you know, I see the
Speaker 3: interconnected of us all that there's no white night in
Speaker 3: any of this. I mean, but at the end of
Speaker 3: the day, we're in a monetary shift historically, the lights
Speaker 3: of which has never been seen. We've never actually gone
Speaker 3: through what we're going through.
Speaker 2: Now.
Speaker 3: There's no other historical precedent's been set, you know, to
Speaker 3: see a world reserve currency diminish the way that it is,
Speaker 3: like the dollar's doing, and this monetary reset happening with
Speaker 3: all the other countries banding together and gold reclaiming its place.
Speaker 3: At the same time, it's I think a race to
Speaker 3: figure out where value is. So everything's being repriced and
Speaker 3: sold off and bought off, and I think even manipulated
Speaker 3: for reasons for accumulation.
Speaker 2: So certainly get into that.
Speaker 1: And then you know, the reason we focus on physical
Speaker 1: possession of gold and silver is because you got these
Speaker 1: people like Epstein and Larry Fink and the rest of them.
Speaker 1: We're always coming up with these devices to try to
Speaker 1: take everything from everybody. And that's the fundamental part of
Speaker 1: the great taking. How they have gone through and changed
Speaker 1: the UCC definitions and the hierarchy of if there's a
Speaker 1: major financial collapse, the hierarchy of who gets to keep lot.
Speaker 1: And it turns out that if you think you want
Speaker 1: a stock or bond, your way down the list. The
Speaker 1: bokers are going to get paid, the bankers are going
Speaker 1: to get paid. You're probably not going to get paid
Speaker 1: because you're further down the list if there is a
Speaker 1: great financial crisis that they have engineered. And so that's
Speaker 1: what's really behind all this stuff. That's why you've got
Speaker 1: to get physical with things. And we've talked for the
Speaker 1: longest time about paper gold and paper silver, but again
Speaker 1: they're pushing so hard on tokenizing and securitizing everything, and
Speaker 1: it's just the two thousand and eight mortgage crisis on steroids.
Speaker 1: They take real things, real estate and houses, and they
Speaker 1: put it into this kind of artificial construct that they've
Speaker 1: created so they can manipulate and steal things from people.
Speaker 1: It's just amazing. Got a couple of questions for you,
Speaker 1: Tony Ratisbro. Thank you for the tip. He says, for Tony,
Speaker 1: now that the mystery of bitcoin is over, and I
Speaker 1: don't know that we know the mystery of it, but
Speaker 1: certainly we can see the structure, the organization, the funding,
Speaker 1: the political stuff that's there, and see how that was
Speaker 1: all kind of centered around Epstein and these elites that
Speaker 1: are focused around him. And I mean it's not just
Speaker 1: that he's one of the elites and he's partying with him.
Speaker 1: I mean he's putting this together with the guys that
Speaker 1: many people think actually were Satoshi Nakamoto the pseudonym, you know,
Speaker 1: a couple of guys who were developers. He's putting this
Speaker 1: stuff all together. Anyway, He says, So what do you
Speaker 1: think is going to happen to bitcoin? Maxi's will they
Speaker 1: sell and change their grift or they keep the bitcoin
Speaker 1: grift rolling so they don't get poor. What do you
Speaker 1: think is going to happen with that? I think Bitcoin's
Speaker 1: going away? I think.
Speaker 3: I mean, honestly, I'm a bit, a bit agnostic on
Speaker 3: all of this. They look through a lot of the
Speaker 3: stuff that dropped and there's some people that I follow
Speaker 3: that I've seen analysis on as far as with the
Speaker 3: Epstein involvement. He was a donor to MIT, so he's
Speaker 3: donating to these departments where they were working on bitcoin
Speaker 3: and its infancy past, the publishing of the white paper
Speaker 3: and the first transactions that you know that were done
Speaker 3: like January third, when bitcoin Chanuary third, two thousand and nine,
Speaker 3: when bitcoin came online, and of course you go back
Speaker 3: to the white paper came out on Halloween actually in
Speaker 3: October two thousand.
Speaker 1: That's kind of a significant considering eptein as a cultism
Speaker 1: and everything they have.
Speaker 3: I mean, it's one three and ten thirty one, and
Speaker 3: there's some other key dates in bitcoin. You have the
Speaker 3: the first pizza they bought, the pizza with it, and
Speaker 3: everything else. But I don't think that bitcoin is going away.
Speaker 3: I don't think it's gonna completely tank or anything like that.
Speaker 3: I think, honestly, I'm wondering if there's some triangulation in
Speaker 3: all of this for more accumulation at a lower price.
Speaker 3: I mean, we've seen that it can easily get hit
Speaker 3: one hundred thousand.
Speaker 2: It'll go back.
Speaker 3: I think it'll be back above that sometime this year,
Speaker 3: maybe next year. But it has I think it has
Speaker 3: a story yet to tell. There's nothing that there's nothing
Speaker 3: like bitcoin, So I don't know that remains to be seen.
Speaker 3: I could be wrong, by the way, I could be wrong,
Speaker 3: and I've always said that about my stance with bitcoin,
Speaker 3: because fundamentally, I think what bitcoin has done, if it
Speaker 3: does nothing else, even if it goes to zero right now,
Speaker 3: even if it crashed and became worthless, it changed a
Speaker 3: lot of people's minds. The people that actually started to
Speaker 3: look into it and look into the reasons why are
Speaker 3: suppose of the reasons why the the entire network was
Speaker 3: put into place, and what what the philosophy of setoshi
Speaker 3: was and what it was built for. You know, this
Speaker 3: is after the two thousand and eight crisis and we started,
Speaker 3: you know, bailing out the banks too big to fail
Speaker 3: and jail and all that stuff. And this was that
Speaker 3: was an unprecedented government you know, printing of currency and
Speaker 3: that link between the central bank and the government and
Speaker 3: all the rest that was happening to the money supply
Speaker 3: and the corruption. So I think bitcoin changed minds. It
Speaker 3: definitely changed. Uh, it changed history. So we'll see what
Speaker 3: happens with it. I don't think it's going away though, Yeah, yeah,
Speaker 3: it's uh. And of course many people have talked about
Speaker 3: the hijacking of bitcoin, how it started out as a
Speaker 3: replacement for currency and for money, but then they turned
Speaker 3: it into something like a commodity. And then you get
Speaker 3: the people like Epstein and Larry Fink and these guys,
Speaker 3: and it looks like they want to take them a
Speaker 3: guffin and securitize it, you know, make it into a token.
Speaker 2: And so.
Speaker 1: I look at it and it's just like, no, there's
Speaker 1: just too many layers and too many people like the
Speaker 1: ones who brought us two thousand and eight involved. It's
Speaker 1: a hard pass for me. Another question for you. February
Speaker 1: twenty seventh is a start date for the deliveries of
Speaker 1: the March contract. I've seen videos where they claim there
Speaker 1: will be a default. Is this true or is this
Speaker 1: AI generated garbage? Does Tony think there will be a
Speaker 1: default of the comics with March being a delivery month.
Speaker 2: What do you think?
Speaker 3: I think it's unlikely that there will be some massive
Speaker 3: default across the.
Speaker 2: Board, and it may be right now.
Speaker 3: I mean, these large institutions, you have to remember, they've
Speaker 3: got much more sophisticated equipment to run simulations, and they've
Speaker 3: got intel and things, and they'll be moving stuff around
Speaker 3: to try to avoid anything like that. But it is
Speaker 3: I mean, it is possible, but I would put that
Speaker 3: as a very Unlike, there's so much garbage floating around
Speaker 3: about gold and sel right now. There's so many grifters
Speaker 3: on the on the people send me stuff all the time,
Speaker 3: you know. I've seen if people send me stuff like hey,
Speaker 3: this these dealers all over the country saying people are
Speaker 3: lined out their doors buying silver, and I'm like, really,
Speaker 3: because I have two shops and two states, I don't
Speaker 3: see any what are you talking about? And then they'll
Speaker 3: send me stuff about, oh did you see Trump is
Speaker 3: going to put silver as some sort of like securitized
Speaker 3: thing and and and uh put it into the Strategic
Speaker 3: Reserve and all Americans must turn in their silver. I've
Speaker 3: seen so much stuff floating around. Some people gonna get clicks,
Speaker 3: but that's might. That might be one of those one
Speaker 3: of those little drops you know about the comax. You
Speaker 3: got to be careful of any of that stuff, either
Speaker 3: doom or gloom or if it's pie in the sky
Speaker 3: and just kind of a middle road. The metals markets
Speaker 3: are insane right now, but I don't think they're I
Speaker 3: don't think they're catastrophic, and I don't think we're gonna
Speaker 3: have this massive plunge either way.
Speaker 1: Yeah, a lot of people are looking at this and
Speaker 1: you know, saying this is the end of paper stuff
Speaker 1: because you've got the large exchanges of scrambling around for
Speaker 1: for actual physical gold and physical silver.
Speaker 3: Well, that's right, I mean, and it's that game has
Speaker 3: been played so long, but now it's I think we're,
Speaker 3: like I've mentioned before, the stepped out of the realm
Speaker 3: of where markets took us in the past, and we've
Speaker 3: entered into governmental financial warfare. You know, this is between
Speaker 3: governments and large institutions. It's between militaries and their developmental
Speaker 3: arms and things of you know, strategic stockpiles and things
Speaker 3: for both medals, not just to the monetary side for gold,
Speaker 3: but the industrial side for silver. So we've we've crossed
Speaker 3: a boundary that is no longer about just market forces.
Speaker 3: So what we're way beyond that.
Speaker 2: That's right.
Speaker 1: Yeah, So you know, when we look at the place
Speaker 1: you're trying to get everybody into stable coins, I think
Speaker 1: that's going to be a big part of it as well.
Speaker 1: But again the physical aspects. I've got a couple more
Speaker 1: questions here. Stevez says, we need to know as Tony
Speaker 1: buying medals again, if so, why and if not why.
Speaker 2: I never stopped.
Speaker 3: There was one I paused on Friday of last week
Speaker 3: in the afternoon just because I didn't know. The prices
Speaker 3: kept coming down so fast I couldn't I couldn't lock prices.
Speaker 3: That's so we're literally flying a little bit blind right now.
Speaker 3: I can't lock anywhere. I can't, so no hostsalers will
Speaker 3: lock my price. If I get one to lock it,
Speaker 3: it might take me a month to get paid. So
Speaker 3: there's a there's gonna be have to be some changes.
Speaker 3: I'm just rolling with the punches. But no wise Wolf
Speaker 3: is still available to buy product. But I would I
Speaker 3: would ask people, why are you selling if you don't
Speaker 3: have to, I would wait, you're going to get a
Speaker 3: better premium. Let this market stabilize. The reason and that
Speaker 3: dealers are having a hard time paying out near spot
Speaker 3: like we used to. I'd be happy to pay out
Speaker 3: near Spot. It's a happier customer. The problem is is
Speaker 3: that there's nowhere to sell it to, and if you
Speaker 3: try to sell it, like a lot of the places
Speaker 3: that used to get quick turnarounds, they're not liquid so
Speaker 3: you can't get out. And so these dealers are buying
Speaker 3: it twenty thirty percent under Spot and people are mad
Speaker 3: at that about that. Well, if you don't need to
Speaker 3: sell right now, don't because what will happen is all
Speaker 3: that bottleneck will get worked out, all the contracts will
Speaker 3: be filled, and everything will be fine again, and the
Speaker 3: premiums and the buying percentages will come up because the
Speaker 3: market will stabilize. So I think selling right now is
Speaker 3: a bad idea if you don't have to.
Speaker 1: Yeah, I agree, Trump Burger. What are Tony's thoughts on
Speaker 1: the gold and silver ratio?
Speaker 3: It's starting to correct into its natural territory. I think
Speaker 3: I've read about this for years. I think we've just
Speaker 3: had this weird upside down mismatch of what the gold
Speaker 3: silver ratio is supposed to be. History shows us it's
Speaker 3: between ten to twenty to one. Is about the way
Speaker 3: that you should price gold and silver. That's the way
Speaker 3: history's always been. We were sixteen to one at the
Speaker 3: founding of the United States up until nineteen thirty three.
Speaker 3: It's estimated that it's seventeen to one geologically, so there's
Speaker 3: seventeen ounces of silver for every one ounce of gold,
Speaker 3: so there's a natural component. I think it's finding its
Speaker 3: new balance, and I think what the see the paper
Speaker 3: market has always done this. It skewed the gold silver
Speaker 3: ratio so drastically that it was just ridiculous. At one time,
Speaker 3: it was one hundred and twenty five to one. Wow,
Speaker 3: and that was the first quarter of twenty twenty. And
Speaker 3: at one time, and you couldn't buy silver for that price,
Speaker 3: by the way, because people were calling I think it
Speaker 3: was twelve dollars an ounce and people were calling me, say,
Speaker 3: I need to place an order for silver.
Speaker 2: I'm like, there is none.
Speaker 3: I can't lock it anywhere because nobody wanted to sell
Speaker 3: at that price. So it's funny you'd have a market
Speaker 3: saying this is the price, but there's literally no supply.
Speaker 3: And that's when I started going way away a minute.
Speaker 3: So you're taking and that's the manipulation of the paper.
Speaker 3: Now it's just chaos everywhere. It's like you could have
Speaker 3: short supply and everybody wants to sell. Yeah, and so
Speaker 3: it's so upside down and all over the place. I
Speaker 3: think there's just the main reason is is because we're
Speaker 3: seeing like the rapid decline of the dollar and these
Speaker 3: other nations moving out of the currency into something else.
Speaker 2: Yeah.
Speaker 1: As I said at the beginning of this week, and
Speaker 1: I've had the big sell off over the weekend. I said,
Speaker 1: this is another Yukon Cornelias buying moment. Because the fundamentals
Speaker 1: haven't really changed. Markets will panic and you know, everybody
Speaker 1: will get wind of something and they'll go run chase it.
Speaker 1: And I remember there was we bought a dog for
Speaker 1: my aunt once, and we because she loved dogs, but
Speaker 1: she just wouldn't make the leap to do it. And
Speaker 1: we knew which kind of dog she liked, and so
Speaker 1: went to the breeder and they had a whole bunch
Speaker 1: of these dogs. It was like, you know, ten or
Speaker 1: fifteen of them or something, and they're like little Scottish
Speaker 1: caring terriers, I think it's what it was. And they'd
Speaker 1: come around and they were all kind of feisty, and
Speaker 1: they'd be one of them would think that he heard
Speaker 1: something in the corner of the yard, and he'd go
Speaker 1: barking and running that way, and the rest of them
Speaker 1: would just follow.
Speaker 2: Me, like a like a mob.
Speaker 1: You know. They go run and they all go over
Speaker 1: there bark and then they realize there's nothing there. And
Speaker 1: then one of them thinks there's something in the other
Speaker 1: corner of the yard, and they all go run and
Speaker 1: just going back and forth. And I said, this is
Speaker 1: like the stock exchange here. You know, this is one
Speaker 1: person things. They see something, they all go run for
Speaker 1: the exit. So they all go run to jump on
Speaker 1: board whatever this thing is, and then they start chasing
Speaker 1: the next new Faulse signal that's out there. So there's
Speaker 1: a lot of alto of that it's going on here.
Speaker 1: But the fundamentals are still the fundamentals, the things that
Speaker 1: have fundamentally been driving this over and above any kinds
Speaker 1: of market manipulations. Those things are still there. The stuff
Speaker 1: that you and I have talked about for the longest time,
Speaker 1: the financial system and the loss of trust in the
Speaker 1: US dollar, the massive federal cumulative debt that Trump doesn't
Speaker 1: care or talk about at all, but he keeps stoking
Speaker 1: it more than anybody. And again he set us on
Speaker 1: a whole new path of debt accumulation. In twenty twenty.
Speaker 1: Biden kept that same rate up, and so has Trump.
Speaker 1: He added another two trillion dollars last year. We're going
Speaker 1: to be up to forty trillion by the fall at
Speaker 1: the current rate. But I think he's probably going to
Speaker 1: have some new big spending programs that are going to
Speaker 1: happen before then, and so again that's one of the
Speaker 1: reasons why he is so focused on the interest rates,
Speaker 1: because the service charges on that debt are so crushed
Speaker 1: and it's going to wind up taking such a huge
Speaker 1: chunk of the entire federal deficit. But something's got to break.
Speaker 1: It's not based on reality. So I think that's the
Speaker 1: key thing. And the other key thing to think about
Speaker 1: is how these people have manipulated these investment structures, stocks
Speaker 1: and bonds have been manipulated. And I'm not talking about
Speaker 1: them orchestrating a buy or sell to move the market
Speaker 1: in different ways. I'm talking about how they have gone
Speaker 1: through and changed the UCC code so that when they
Speaker 1: create a giant crash like they did back in two
Speaker 1: thousand and eight, they can go in and take the
Speaker 1: title to your securities and your stocks and things like that.
Speaker 1: And how they don't want to just stop there. They
Speaker 1: want to tokenize everything so they can do that to everything.
Speaker 1: That's the key thing. That's why physical is so important,
Speaker 1: isn't it.
Speaker 3: You're absolutely right, and it becomes more and more apparent
Speaker 3: that counterparty risk is a risk that you don't want
Speaker 3: to take.
Speaker 2: It seems to be a.
Speaker 3: Very small portion of whatever you do, just for the
Speaker 3: sake of transparency. Every day I use cash app and
Speaker 3: I buy a little bit of stocks like a time.
Speaker 3: We're talking like a tiny bit like lunch money. You know,
Speaker 3: I'll just I'll not go out to lunch that day,
Speaker 3: and I'll pay for you know, whatever stocks I buy.
Speaker 3: And I'll buy some petroleum stocks. I know a great
Speaker 3: friend of mine that I grew up with. I know
Speaker 3: the company he's an executive for, so I trust that company.
Speaker 3: He's going to find some oil, and I buy a
Speaker 3: little bit of that and some silver mining stocks. But
Speaker 3: we're talking like nothing. Over time, it can compounds, but
Speaker 3: I'm not gonna I'm doing that with the full knowledge
Speaker 3: that I might not be able to catch those things
Speaker 3: in or they can just inflate the amount of stock
Speaker 3: that they have. I mean, they literally can do that.
Speaker 3: That's just something that's always been the case. So you
Speaker 3: can get a little bit of a return on that.
Speaker 3: But where else do I put the majority of my
Speaker 3: of everything else that I do. It's either in my
Speaker 3: own business. Something I can see that I can hold,
Speaker 3: that I own, that are you know, that is in
Speaker 3: my possession. I want less count or party risk, and
Speaker 3: it may not be as fun or as exciting or thrilling,
Speaker 3: and you may not get these big returns the way
Speaker 3: that you possibly could get in the traditional markets. But
Speaker 3: I don't think that in this environment with as many, yeah,
Speaker 3: with as many crooks as we as, I don't think
Speaker 3: it's unprecedented, or at least they're just not as smart
Speaker 3: as their predecessors to you know, cover up their christs
Speaker 3: and follies.
Speaker 2: And we just got a lot of crooks running stuff.
Speaker 1: Oh man, they are really unbelievable sharks, you know, when
Speaker 1: you look at people like Epstein and Fink and so forth.
Speaker 1: I like this comment here, Tony. This is my Mike
Speaker 1: nineteen ninety six. My unmarried daughters are buying medals so
Speaker 1: when they get married, they'll be able to stay home
Speaker 1: and homeschool their kids. Now that's long term thinking. That's
Speaker 1: a great idea now, and that's the way you need
Speaker 1: to be thinking, you know, buy and hold strategy, and
Speaker 1: just to prepare for a rainy day because storm clouds
Speaker 1: are on the horizon. They really aren't have been for
Speaker 1: quite some time. Well, they really are. And again, those
Speaker 1: fundamentals don't change. We can't stop the collapse of the
Speaker 1: of the system.
Speaker 2: That's that is. I think.
Speaker 3: It's inevitable. We can't start. Now what's it going to
Speaker 3: look like? Does that mean it's mad Max and you know,
Speaker 3: the apocalypse or anything. I don't I don't necessarily think
Speaker 3: it has to come to that, but there's so many
Speaker 3: scenarios on the table, and uh, we can't control that outcome.
Speaker 3: You can control what you can control, like you your
Speaker 3: ability to make good decisions based on the information, not
Speaker 3: what you want to believe. That's the hardest part about
Speaker 3: living in this environment because it's by design. I think
Speaker 3: the the dichotomy is so stark, you know, between the
Speaker 3: left right paradigm, and then people that fall into the
Speaker 3: Fox News camp or the MSNBC camp or whatever they
Speaker 3: are ms now whatever that is. Now it's become even
Speaker 3: I think more solidified, and that's really shocking because there's
Speaker 3: so much to understand about our current reality that just
Speaker 3: gets missed by the majority now because you have to
Speaker 3: pick a side, and what.
Speaker 2: If both sides are wrong?
Speaker 3: You know, That's that's where I think where we what
Speaker 3: we talk about, it's like the agenda is just to
Speaker 3: know the truth and if I have the best information,
Speaker 3: I can make better decisions and not what I want
Speaker 3: to believe.
Speaker 2: You know.
Speaker 3: It's just like I put bitcoin on my logo right
Speaker 3: for Texas, and bitcoin may have a it may crash out,
Speaker 3: it may be I've always said this and I'll write
Speaker 3: it to zero.
Speaker 2: It's fine.
Speaker 3: I can be wrong, but if I if I see
Speaker 3: information that changes my mind, I'll make a better decision.
Speaker 2: You know.
Speaker 3: This is that's where I try to be as pliable
Speaker 3: as I can. And I'm definitely not a cultist around
Speaker 3: precious metals either. You know, there's there's going to be
Speaker 3: drawbacks and there's going to be downturns in any of
Speaker 3: these markets. It's we're living through crazy time.
Speaker 2: So think about this.
Speaker 3: It took forty five years for silver to break its
Speaker 3: all time high, and then once it did and this
Speaker 3: is just last year.
Speaker 2: And then once it.
Speaker 3: Did because we'd always talk about it, you know, this
Speaker 3: was the all time high of silver, its forty five
Speaker 3: years and then it hit and it just broke and
Speaker 3: then it just went off to the races. Yeah, so look,
Speaker 3: we never nobody predicted that, by the way, like not really.
Speaker 3: I mean, people like in an abstract way would say
Speaker 3: these are the prices.
Speaker 2: It'll reset it some time.
Speaker 3: But nobody's sitting there going, oh and you know January
Speaker 3: of twenty twenty six.
Speaker 1: Nobody, well, you know, And that's the thing. Jeral Clinty
Speaker 1: always says this as well, that's what I like about
Speaker 1: you and Gerald, you don't get don't let them put
Speaker 1: you in a box, because then they I've got you
Speaker 1: boxed in and they're going to take you in a
Speaker 1: certain direction to a certain thing. But as Jerl Slinty says,
Speaker 1: I'm just talking about trends and goes, this is what
Speaker 1: I see happening. I don't like it, but I'm not
Speaker 1: going to deny the reality of it because I don't
Speaker 1: like it. And that's the key thing, you know, we
Speaker 1: look at this. I never had any love of gold
Speaker 1: or silver. I was never a coin collector or anything
Speaker 1: like that. But when you start seeing what is happening
Speaker 1: with the government and these other financial things, and you
Speaker 1: see all these scams on Wall Street, just one of
Speaker 1: them after the other, and huge scams where they lay
Speaker 1: these things out and work on them for decades and
Speaker 1: then you know, take everybody down. I just want to
Speaker 1: get away from these financialized sharks that are up on
Speaker 1: Wall Street at Jeffrey Epstein's Island and all the rest
Speaker 1: of this stuff. I want to get away from these people.
Speaker 1: And that's why I look at something that I can
Speaker 1: physically hold and get away from these structures, get away
Speaker 1: from the banks as well. And so that's a key thing.
Speaker 2: I think.
Speaker 3: I'm with you one hundred percent, and obviously that's what
Speaker 3: I do. But and I think it'll pay off and
Speaker 3: then law it's maybe not as exciting about some other things,
Speaker 3: but it's yours, you know.
Speaker 2: And yeah, there's somebody one of your listeners called me yesterday.
Speaker 3: I was on my way to the refiner in Dallas
Speaker 3: and asked me about ninety percent US silver and it's like,
Speaker 3: why would somebody buy that right now?
Speaker 2: Well, for me, you're buying it a spot.
Speaker 3: I think it's one of the most underrated things because
Speaker 3: people got mad when they go to sell it. They're like, well,
Speaker 3: I'm not going to be getting anywhere near the melt
Speaker 3: value this silver. And I'm like, because everybody's trying to
Speaker 3: sell it once, if you would just stop doing that.
Speaker 3: If you hold on, it usually has a higher premium
Speaker 3: than everything else. There was one time there was times
Speaker 3: we were we were able to we were seeing ten
Speaker 3: dollars disparities on price per fase dollar in normal markets.
Speaker 3: Like so if you had a fase dollars ten dimes,
Speaker 3: four quarters or two half dollars, and I remember thinking, wow,
Speaker 3: that's just a crazy premium, because we would sell stuff
Speaker 3: way below the premium, and I would see that all
Speaker 3: over you know, Jambulliam and atmex and other places. And
Speaker 3: so this this inversion it's happened where it's just so
Speaker 3: much hit the market and then people are mad, They're like,
Speaker 3: well that ninety percent didn't work out for me. It's
Speaker 3: because everybody is trying to sell it. If you just
Speaker 3: hold on, you'll actually have a better asset, and now's
Speaker 3: a great time to buy it, honestly. And that's what,
Speaker 3: by the way, that's.
Speaker 2: What I did.
Speaker 3: So and because I know on the long enough timeline,
Speaker 3: you know that silver quarter or silver half dollar is
Speaker 3: going to go a long way, you know. So it's
Speaker 3: we're just pricing things in dollars. We're trained to do that,
Speaker 3: we grew up with it. That's the thing about zero,
Speaker 3: that's kind of their timeline. On long enough timeline, there
Speaker 3: is zero hedge. In other words, we're all dead right,
Speaker 3: which is coming from a site that's not known for
Speaker 3: its Christian perspective or anything. You know, that's what good
Speaker 3: you can get some things of it. It's a quote
Speaker 3: from the movie Fight Club. That's where they got that.
Speaker 3: That's why the that's why the guy's name is Tyler
Speaker 3: Diurden on zero hedge because that's a quote, and on
Speaker 3: a long enough timeline, that's I.
Speaker 2: Will rate for everyone drops to zero. That's what they go.
Speaker 2: It's based off actuary tables and insurance. Yeah, and I
Speaker 2: never saw that movie.
Speaker 1: I guess I have to go back and see that
Speaker 1: movie for the cultural references.
Speaker 2: I don't know if you'd like it.
Speaker 1: It's one of my Yeah, it didn't look like anything
Speaker 1: i'd want to see, but there's so many cultural references, David,
Speaker 1: but definitely one of my all time favorites from my youth.
Speaker 2: So it's a Generation X movie for sure.
Speaker 1: Yeah, yeah, Okay, I don't know. Did you ever see it, Travis?
Speaker 1: He's ninety, I said yes, So I guess I just
Speaker 1: get him to tell me about it. I spare myself
Speaker 1: the time.
Speaker 2: Just get the cliff notes from Travis.
Speaker 1: I don't think I'll just sit to summarize it for me.
Speaker 2: I let it hallucinate a little bit and make it
Speaker 2: more interesting.
Speaker 1: I don't know. Well, thank you, Tony. I got a
Speaker 1: quote here from Guard Goldsmith from earlier when we were
Speaker 1: talking about bitcoin. He says, well, I know who invented
Speaker 1: gold and silver. He invented other elements as well. That's true,
Speaker 1: it's been forever. That's absolutely true. Well, thank you so much.
Speaker 1: And it is a crazy environment. I don't envy you
Speaker 1: at all, but hang in there. It's probably gonna keep
Speaker 1: up for quite a week. So you're going to be
Speaker 1: able to give us all advice when the dollar steps
Speaker 1: into hyper inflation. You'll tell us a little bit about
Speaker 1: how you managed during the hyperinflation silver and.
Speaker 2: Gold to just get there. I just want to endure it,
Speaker 2: that's right. So you're learning.
Speaker 1: You're getting some valuable training from when we all go
Speaker 1: into the situation where you know you're going to the
Speaker 1: grocery store and all of a sudden that loaf of
Speaker 1: bread has gone up while you're in the store, and
Speaker 1: then it goes up before you get out of the
Speaker 1: store again.
Speaker 2: So if I think it's closer than we think.
Speaker 1: Thank you so much, Tony again, Tony Harderman wisewolf gold
Speaker 1: and silver, and the key thing like he's talking about
Speaker 1: there is the averaging of the costs of the dollar
Speaker 1: cost averaging by gradually accumulating things over period of time,
Speaker 1: making it a savings program. To start to get away
Speaker 1: from this corrupt system that we've got here, I try
Speaker 1: to get something that is going to be not as
Speaker 1: easily manipulated. They can manipulate it, but I think we're
Speaker 1: at the point right now where paper gold and silver
Speaker 1: is going to be exposed for the fraud that it is,
Speaker 1: for the derivative that it is. And I think that
Speaker 1: once that happens, that's going to take away some of
Speaker 1: their tools to manipulate gold and silver. I think that'll
Speaker 1: be a good thing. But anyway, why is Wolf gold
Speaker 1: and silver and you can get to them through David
Speaker 1: Knight dot Gold. Thank you, Tony, appreciate it. You have
Speaker 1: a good day. The common man. They created common Core,
Speaker 1: dumbed down our children. They created common past track and
Speaker 1: control us. They're Commons project to make sure the commoners
Speaker 1: own nothing and the communist future. They see the common
Speaker 1: man as unsophisticated ordinary, But each of us has worth
Speaker 1: and dignity created in the image of God. That is
Speaker 1: what we have in common. That is what they want
Speaker 1: to take away. Their most powerful weapons are isolation, deception, intimidation.
Speaker 1: They desire to know everything about us, while they hide
Speaker 1: everything from us.
Speaker 2: It's time to turn that around.
Speaker 1: And expose what they want to hide. Please share the
Speaker 1: information and links you'll find at the Davidknightshow dot com.
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