WEBVTT 1 00:00:07.240 --> 00:00:10.279 Well, the turning point in our lives. This is an 2 00:00:10.359 --> 00:00:13.560 article by Jeffrey Tucker actually wrote this as a foreword 3 00:00:13.640 --> 00:00:15.279 to a book for somebody who put it out as 4 00:00:15.279 --> 00:00:20.039 an article, and he's talking about what happened six years ago, 5 00:00:20.440 --> 00:00:23.920 the lockdown. I would say, this is the fourth turning 6 00:00:24.679 --> 00:00:26.559 that is going to be the one that happens during 7 00:00:26.559 --> 00:00:29.079 our lifetime. And I guess when you look at this, 8 00:00:31.280 --> 00:00:33.719 I was laughing about it when I saw this until 9 00:00:33.759 --> 00:00:38.479 garn And said the six years ago when Trump did that, 10 00:00:38.759 --> 00:00:42.799 covid mcguffin. Basically, what they did was they defenestrated the 11 00:00:42.880 --> 00:00:45.880 bill rights through it right out of the Overton window. 12 00:00:45.920 --> 00:00:48.799 Isn't that funny that we have in the English language 13 00:00:48.880 --> 00:00:53.320 a word for throwing things in people out of windows, defenestration, Right, 14 00:00:54.640 --> 00:00:58.960 It's kind of like the Germans have their word schadenfreude, right, 15 00:01:00.320 --> 00:01:02.399 joy in somebody else's troubles. 16 00:01:03.039 --> 00:01:03.520 Well, the. 17 00:01:05.560 --> 00:01:08.439 It is interesting see that, And we got Tony ready 18 00:01:08.480 --> 00:01:10.560 to join us at this point in time, So we're 19 00:01:10.560 --> 00:01:14.519 going to go to Tony. And certainly the parallels are 20 00:01:14.519 --> 00:01:17.239 there that we see both with what happened six years 21 00:01:17.280 --> 00:01:20.599 ago and even greater parallels I think to what happened 22 00:01:21.400 --> 00:01:25.079 fifty what is it now, fifty three years ago and 23 00:01:25.120 --> 00:01:28.239 the knock ons to that. So joining us now is 24 00:01:28.319 --> 00:01:30.439 Tony Ardaban. Thank you for joining us, Tony, And because 25 00:01:30.480 --> 00:01:34.560 Tony has whise Wolf Gold and he's kindly set up 26 00:01:34.719 --> 00:01:37.439 David Knight dot Gold and I'll take you to Tony's 27 00:01:37.840 --> 00:01:40.719 website where you can buy gold and silver. You can 28 00:01:41.159 --> 00:01:43.799 do one time purchases, you can use it to set 29 00:01:43.879 --> 00:01:46.640 up metals into your IRA as a part of your 30 00:01:46.680 --> 00:01:50.280 IRA or all of your IRA whatever, and you can 31 00:01:50.319 --> 00:01:56.519 also use Wolfpack to buy regular recurring amounts of gold 32 00:01:56.560 --> 00:01:59.719 and silver, physical gold and silver that you keep. It's 33 00:01:59.760 --> 00:02:03.280 not on the blockchain, it's not in some vaults supposedly 34 00:02:03.439 --> 00:02:08.360 in Shangha, but it's something that you actually physically keep, 35 00:02:08.560 --> 00:02:11.879 and it's a great way to save, especially if you 36 00:02:11.919 --> 00:02:15.639 want to try to save and something that is not 37 00:02:15.879 --> 00:02:18.240 a declining assets. So thank you for joining us, Tony. 38 00:02:18.319 --> 00:02:20.319 Great to have you. It's great to be back. 39 00:02:20.400 --> 00:02:20.719 David. 40 00:02:20.919 --> 00:02:24.599 Last week I was actually about two and a half 41 00:02:24.639 --> 00:02:26.280 hours north of London. 42 00:02:27.400 --> 00:02:28.199 With David Ike. 43 00:02:28.560 --> 00:02:31.280 Wow, and I sat down with David Ike for about 44 00:02:31.360 --> 00:02:33.919 two and a half hours and I told him, I said, 45 00:02:33.960 --> 00:02:37.439 you know, it's for tuitous twenty three years ago to 46 00:02:37.520 --> 00:02:39.840 the day we started the Iraq War, and I'm sitting 47 00:02:39.879 --> 00:02:42.560 down and talk to you. And now we're doing part 48 00:02:42.599 --> 00:02:44.840 what is this part four or five of that? The 49 00:02:44.879 --> 00:02:46.080 extension of whatever? 50 00:02:46.199 --> 00:02:47.080 The war? 51 00:02:48.919 --> 00:02:51.680 Now we're doing that again. And so did you have 52 00:02:51.680 --> 00:02:54.360 an interview with him? Did you post that up on you? 53 00:02:54.400 --> 00:02:57.639 I haven't posted it yet. I had the whole Iconic crew. 54 00:02:57.719 --> 00:03:00.919 I sat down with Gareth Ike, his son, and also 55 00:03:01.080 --> 00:03:05.360 Richard Willett is the documentarian, all very smart, wonderful people. 56 00:03:05.680 --> 00:03:07.599 I've talked to him for years and I finally got 57 00:03:07.599 --> 00:03:10.120 an invite over, so I took it. 58 00:03:10.400 --> 00:03:13.680 Oh, that should be very interesting. Yeah, I really. I'm 59 00:03:13.719 --> 00:03:15.879 on the same page with David Ike about pretty much 60 00:03:15.879 --> 00:03:18.400 everything except for the religious aspect of him. We have 61 00:03:18.479 --> 00:03:23.080 a big disagreement. As you know. He looks at I 62 00:03:23.080 --> 00:03:25.439 look at these supernatural things with UFOs and so forth, 63 00:03:25.479 --> 00:03:29.879 and I say, what they're doing is relabeling spiritual entities 64 00:03:30.199 --> 00:03:33.520 as that, and he takes the opposite view. He says, well, 65 00:03:33.560 --> 00:03:38.520 the UFOs are real, not the Bible, and you're basically 66 00:03:38.919 --> 00:03:44.039 renaming the UFO alien extraterrestrials. You're renaming them as angels 67 00:03:44.039 --> 00:03:46.680 and demons, and so we have a difference of opinion 68 00:03:46.680 --> 00:03:48.199 on that. But that's about the only place where I 69 00:03:48.199 --> 00:03:50.080 see that we have a difference of opinion. But that's 70 00:03:50.080 --> 00:03:53.159 on something that's pretty fundamental, I think for me anyway. 71 00:03:54.039 --> 00:03:56.599 Yeah, well it's very similar for me as well. 72 00:03:56.680 --> 00:04:02.039 I would think we have those theological differentferences, spiritual difference. 73 00:04:01.719 --> 00:04:02.800 Is whatever you want to call it. 74 00:04:02.840 --> 00:04:07.080 But he is spot on about, yes, the genesis of 75 00:04:07.919 --> 00:04:13.400 the cult that creates these wars and our current economic reality. 76 00:04:13.560 --> 00:04:13.960 That's right. 77 00:04:14.039 --> 00:04:16.639 Yeah, And he has stayed the course too. He hasn't 78 00:04:16.680 --> 00:04:19.199 been all over the place. He isn't somebody that he's 79 00:04:19.199 --> 00:04:21.160 on Trump's team, then he's off Trump's team, then he's 80 00:04:21.160 --> 00:04:23.240 back on Trump's team, like Alex Jones, and it drives 81 00:04:23.240 --> 00:04:25.920 them crazy to see Alex Jones doing that. And he's 82 00:04:25.959 --> 00:04:29.240 publicly criticized Alex Jones, and he doesn't get all this 83 00:04:29.240 --> 00:04:31.600 stuff thrown at him. I criticized Alex for the same thing. 84 00:04:31.639 --> 00:04:34.319 But oh, sour greaves for you, and it's like, okay, well, 85 00:04:34.519 --> 00:04:36.639 then listen David Ike if you don't want to listen 86 00:04:36.639 --> 00:04:38.360 to me, because he never worked for Alex. 87 00:04:39.839 --> 00:04:40.759 That's exactly right. 88 00:04:40.839 --> 00:04:44.360 Yeah, it's he's not held anything back. We talked about 89 00:04:44.360 --> 00:04:48.199 that the mainstream alternative media and his views on that, 90 00:04:48.240 --> 00:04:51.560 and it's been it's been interesting to talk to all 91 00:04:51.600 --> 00:04:54.240 these different figures in alternative media throughout my career, and 92 00:04:55.079 --> 00:04:57.279 certainly one of my great privileges is talking to you 93 00:04:57.360 --> 00:05:01.600 every week and oh, thank you the apocalypse together, which 94 00:05:01.639 --> 00:05:02.560 has been a. 95 00:05:02.560 --> 00:05:04.199 Got a front row seat, don't we h. 96 00:05:06.079 --> 00:05:06.319 Yeah. 97 00:05:06.600 --> 00:05:11.160 I feel like that iconic character and Clockwork Orange where 98 00:05:11.199 --> 00:05:13.279 they strap the guy down there doing the sye off 99 00:05:13.279 --> 00:05:15.279 on him or whatever, and they got him strapped down, 100 00:05:15.279 --> 00:05:18.079 they got his eyelids propped up and then making him 101 00:05:19.160 --> 00:05:22.240 watch this violence while they nauseate him to try to 102 00:05:22.279 --> 00:05:24.879 psychologically condition him to where he can't even think about 103 00:05:24.920 --> 00:05:28.079 you any violence. But I feel like I'm forced to 104 00:05:28.120 --> 00:05:31.879 watch this. We got something propping my eyelids up and 105 00:05:32.319 --> 00:05:34.720 facing the screen all the time. And so we're looking 106 00:05:34.759 --> 00:05:36.839 at this, and a lot of people are scratching their 107 00:05:36.839 --> 00:05:38.240 heads and saying, you know, we had a pretty bad 108 00:05:38.319 --> 00:05:42.040 week on gold last week in terms of the price 109 00:05:42.160 --> 00:05:45.040 and dollars, and it dropped and I'm looking at this, 110 00:05:45.120 --> 00:05:46.879 and then I go back and look at what happened 111 00:05:46.879 --> 00:05:49.879 in the nineteen seventies. All this stuff takes a while 112 00:05:49.920 --> 00:05:52.920 to roll out. Number one. This is my take on it. 113 00:05:53.160 --> 00:05:54.720 I want to get your take on it. My take 114 00:05:54.839 --> 00:05:58.560 is that it takes Wall Street a while to react 115 00:05:58.560 --> 00:06:03.879 to reality, and they're constantly distracted by things that are 116 00:06:03.920 --> 00:06:06.639 fantasies and you see them all run off. That's how 117 00:06:06.639 --> 00:06:08.600 we get our bubbles and that type of thing. So 118 00:06:09.120 --> 00:06:11.439 the reality takes a while to set in for Wall Street. 119 00:06:11.439 --> 00:06:13.920 But I think there's another factor as well, And I 120 00:06:13.959 --> 00:06:16.920 think these Gulf states, which have quite a bit of gold. 121 00:06:17.399 --> 00:06:21.279 Quite frankly, they don't have any income, and they're looking 122 00:06:21.800 --> 00:06:25.199 at what's coming and they've seen a pretty big run 123 00:06:25.279 --> 00:06:27.800 up in gold. It's like, we better get rid of 124 00:06:27.800 --> 00:06:30.120 this stuff right now because we're going to need to 125 00:06:30.160 --> 00:06:32.800 have some cash to get us through this. And their 126 00:06:33.079 --> 00:06:36.079 whole infrastructure is being destroyed because their whole infrastructure is 127 00:06:36.120 --> 00:06:40.720 based on the sale of oil. And so even if 128 00:06:41.360 --> 00:06:45.560 they don't blow up the wall fields and the tankers 129 00:06:45.600 --> 00:06:47.560 and the refineries and the ports and all the rest 130 00:06:47.600 --> 00:06:50.639 of this stuff, which is really on the table, Trump 131 00:06:50.680 --> 00:06:52.319 put it on the table this weekend. Even if that 132 00:06:52.360 --> 00:06:55.920 doesn't happen, they are still looking at a long period 133 00:06:55.959 --> 00:06:58.720 of time without any income, and so I think they're 134 00:06:58.800 --> 00:07:00.519 cashing out on some of the gold that they've had 135 00:07:00.560 --> 00:07:02.959 a pretty good rise on. What do you think is happening. 136 00:07:03.360 --> 00:07:04.279 Yeah, they would have to. 137 00:07:04.480 --> 00:07:09.120 And I think we forget gold has broke five thousand 138 00:07:09.199 --> 00:07:13.759 and beyond and that's not normal. I mean, this succession 139 00:07:13.879 --> 00:07:20.600 of failures economically, politically, the entire geopolitical spectrum breaking apart 140 00:07:20.639 --> 00:07:23.480 is the reason that we reach five thousand dollars plus 141 00:07:23.519 --> 00:07:26.639 gold in twenty twenty six and not twenty thirty six. 142 00:07:27.360 --> 00:07:30.120 This is coming faster than anybody ever. I mean, there's 143 00:07:30.160 --> 00:07:33.480 a lot of gold bugs that have crazy price predictions. 144 00:07:33.000 --> 00:07:35.360 Over the years, but I followed this every day. 145 00:07:35.360 --> 00:07:38.680 I didn't predict five thousand dollars gold in twenty twenty five. 146 00:07:38.720 --> 00:07:41.720 I didn't think it was going to happen. But we're here, 147 00:07:41.800 --> 00:07:44.160 and yeah, we had the worst week in gold since 148 00:07:44.399 --> 00:07:48.319 early nineteen eighties. There's a like you said, I think 149 00:07:48.319 --> 00:07:51.959 there's a lot of capital being raised right now for 150 00:07:52.120 --> 00:07:54.959 infrastructure and other things from some of these governments. 151 00:07:54.600 --> 00:07:57.079 But it's still about twice what it was a year ago, right. 152 00:07:57.519 --> 00:08:00.319 Right, That's the thing is that gold fail again. 153 00:08:00.360 --> 00:08:03.759 It didn't hold up as a geopolitical hedge or a 154 00:08:03.920 --> 00:08:07.120 risk against geopolitical risk, and I just I don't see 155 00:08:07.160 --> 00:08:11.839 it that way. I think that it's certainly fundamentally all 156 00:08:11.920 --> 00:08:14.000 those things are still there. They're going to continue to 157 00:08:14.120 --> 00:08:18.120 drive the price of gold up against the dollar, you know, 158 00:08:18.360 --> 00:08:21.519 And I I do laugh when I see things like 159 00:08:21.759 --> 00:08:23.680 people wonder is it going to go up? 160 00:08:23.800 --> 00:08:25.319 Is silver going to go up? Well? 161 00:08:25.439 --> 00:08:27.759 Yeah, I mean against the dollar. Sure, it's on long 162 00:08:27.879 --> 00:08:32.879 enough timeline. There's an article out on on Forbes. Did 163 00:08:32.879 --> 00:08:35.799 you see this, David, where the the US Treasury declared 164 00:08:35.840 --> 00:08:37.159 the United States and Solvent. 165 00:08:37.799 --> 00:08:41.159 No, I didn't see that. Actually, yes, they like there's 166 00:08:41.200 --> 00:08:43.360 their own numbers, and it's are you kidding me? Are they? 167 00:08:43.399 --> 00:08:45.559 Are they getting close to tell them the truth on something? 168 00:08:45.919 --> 00:08:48.679 I think they accidentally let it slip. Yeah, it's on Forbes. 169 00:08:48.720 --> 00:08:53.080 It's the headline is the Treasury just declared the US 170 00:08:53.159 --> 00:08:55.480 insolvement solvment and the media missed it. 171 00:08:56.120 --> 00:08:59.000 Wow, Wow, next thing they'll be tell them this they 172 00:08:59.000 --> 00:09:04.600 did nine to eleven as we didn't know already. 173 00:09:04.679 --> 00:09:07.039 Yeah. Yeah, the fundamentals are all there. 174 00:09:07.080 --> 00:09:10.159 I mean, the risks geopolitically, and we see you know, 175 00:09:10.200 --> 00:09:12.840 if you wanted to reverse engineer how to create an 176 00:09:13.000 --> 00:09:15.600 energy crisis, this is how you would do it. Yea, 177 00:09:15.759 --> 00:09:18.639 what we're doing right now is going to create an 178 00:09:18.679 --> 00:09:23.559 economic crisis, an energy crisis, possibly not just a recession, 179 00:09:23.600 --> 00:09:24.399 but a depression. 180 00:09:25.080 --> 00:09:27.639 When you look at how fragile the system is. 181 00:09:27.679 --> 00:09:31.519 Twenty percent or more of the world's oil output going 182 00:09:31.519 --> 00:09:33.080 through the straight up horn moves, and what are we 183 00:09:33.200 --> 00:09:34.320 even doing right now? 184 00:09:35.279 --> 00:09:37.519 It makes of course you're right too. 185 00:09:37.600 --> 00:09:40.799 The markets do respond irrationally like they'll they'll and a 186 00:09:40.799 --> 00:09:43.120 lot of the insider trading that's going on right now, 187 00:09:43.759 --> 00:09:46.440 and we know that's that's a fact. You know, billions 188 00:09:46.480 --> 00:09:50.039 are being made from their connections to whatever decisions or 189 00:09:50.519 --> 00:09:52.879 tweets or posts or truths or whatever are. 190 00:09:52.759 --> 00:09:53.360 Going to go out. 191 00:09:54.120 --> 00:09:57.320 And you know they've they've moved billions that way, just 192 00:09:57.360 --> 00:09:59.320 signaling that there's going to be a plete peace plan 193 00:09:59.759 --> 00:10:03.480 or the have something resolved. Well they don't, yeah, and 194 00:10:03.559 --> 00:10:05.879 the Ranians are digging in. All they have to do 195 00:10:06.000 --> 00:10:07.879 is do not lose at this point. 196 00:10:08.000 --> 00:10:11.120 Oh yeah, I mean, we're evacuating bases over there, or 197 00:10:12.159 --> 00:10:14.840 you ever seen a situation where they tell everybody, all right, 198 00:10:14.919 --> 00:10:17.480 leave the base and go get rooms and hotels because 199 00:10:17.480 --> 00:10:19.200 they're on to us. They and we can't defend the 200 00:10:19.200 --> 00:10:23.559 base anymore. That's incredibly crazy. And in the face of 201 00:10:23.600 --> 00:10:26.759 all that, they're talking about doing an amphibious attack on 202 00:10:26.799 --> 00:10:27.360 an island. 203 00:10:27.759 --> 00:10:30.480 Come on, I would I would. 204 00:10:30.200 --> 00:10:31.919 Not want to be a part of that operation, Not 205 00:10:32.000 --> 00:10:35.759 with not with Pete Hegseth as your as your secretary 206 00:10:35.799 --> 00:10:36.240 of war. 207 00:10:36.320 --> 00:10:39.279 Now they've reclaimed that. 208 00:10:39.360 --> 00:10:43.399 Mantle the high school coach, the high school football coach, 209 00:10:43.559 --> 00:10:45.600 I wouldn't even want him as a high school football coach, 210 00:10:45.639 --> 00:10:47.840 but certainly would not want to have him in a 211 00:10:47.879 --> 00:10:48.919 life and de situation. 212 00:10:49.519 --> 00:10:52.320 Not not anywhere near any organization i'd want to ever be. 213 00:10:52.279 --> 00:10:52.679 A part of. 214 00:10:53.200 --> 00:10:56.240 Well, you know, I saw one analyst Tony said, people 215 00:10:56.240 --> 00:10:58.039 are saying, what's going on with gold? And she said, well, 216 00:10:58.080 --> 00:11:01.279 it's doing exactly what they're supposed to do. It's creating 217 00:11:01.399 --> 00:11:04.039 liquidity in a crisis for the people who own it. 218 00:11:04.759 --> 00:11:07.559 And that's precisely what's happening. I think you've got a 219 00:11:07.600 --> 00:11:09.639 lot of people who, you know, stock market has not 220 00:11:09.759 --> 00:11:12.919 really reacted. In turn, the reality of what's going on 221 00:11:13.039 --> 00:11:15.519 has not really hit the stock market. You know, they 222 00:11:15.639 --> 00:11:18.559 jump on these issues. When Trump says all right, another 223 00:11:18.600 --> 00:11:20.840 five days or whatever, it's like, come on, you know 224 00:11:21.000 --> 00:11:24.120 that's it's going to come with that, But they react 225 00:11:24.120 --> 00:11:26.320 to it as if that is something that is real 226 00:11:26.360 --> 00:11:28.679 and solid, and so it takes the stock market a 227 00:11:28.679 --> 00:11:31.559 while to factor in what is really going to be real. 228 00:11:31.679 --> 00:11:36.080 But the uh, there's going to be there's already been, 229 00:11:36.240 --> 00:11:38.120 you know, some issues where people may be worried about 230 00:11:38.120 --> 00:11:40.279 their margin calls. But again, as I said, I think 231 00:11:40.360 --> 00:11:42.480 the Gulf States are looking at this. You've got a 232 00:11:42.480 --> 00:11:45.840 lot of countries who have a lot of money and 233 00:11:45.919 --> 00:11:48.799 they're looking for liquidity, and they've got some really tough 234 00:11:48.840 --> 00:11:50.240 times that are coming up. And then you've got a 235 00:11:50.240 --> 00:11:53.879 class of investors, retail investors who are jumping onto gold 236 00:11:53.960 --> 00:11:56.879 because they thought it was, you know, the next fast 237 00:11:56.919 --> 00:11:59.399 moving thing. So they're going to jump off and jump 238 00:11:59.480 --> 00:12:02.159 onto oil for example. Right those types of investors are 239 00:12:02.159 --> 00:12:04.279 going to jump off and get on the oil train 240 00:12:04.320 --> 00:12:05.919 for a little while. The people who were going to 241 00:12:05.960 --> 00:12:08.240 try to you know, the day traders and the timers 242 00:12:08.320 --> 00:12:09.720 and that type of thing, are going to do that. 243 00:12:09.879 --> 00:12:13.159 So the fundamentals are still where they were, except that 244 00:12:13.200 --> 00:12:15.679 they're even stronger. The things that were driving gold in 245 00:12:15.720 --> 00:12:18.879 the past or even stronger. You know, the bankruptcy of 246 00:12:18.879 --> 00:12:21.960 the United States and the debt and all the rest 247 00:12:21.960 --> 00:12:25.799 of this stuff. It's going to make an inflation. We 248 00:12:25.840 --> 00:12:29.039 know there's going to be rapid price inflation on a 249 00:12:29.080 --> 00:12:31.240 lot of different things. Because of this. We've already seen it. 250 00:12:31.240 --> 00:12:34.240 It's not a theory. It kind of flummixed them. We 251 00:12:34.240 --> 00:12:37.720 were in uncharted territory in the nineteen seventies because the 252 00:12:37.799 --> 00:12:40.159 Kynesians didn't really think that that kind of thing could 253 00:12:40.159 --> 00:12:45.960 happen because their economic model was flawed. But the reality 254 00:12:46.120 --> 00:12:48.879 is that it does happen, and we've already seen it once. 255 00:12:49.720 --> 00:12:52.519 And it's amazing to me that people aren't seeing the 256 00:12:52.559 --> 00:12:55.559 parallels to the early nineteen seventies. 257 00:12:56.279 --> 00:12:59.559 Well, even the late seventies, there was a lot of intervention, 258 00:13:00.080 --> 00:13:03.799 and you saw the price of silver and gold, gold 259 00:13:03.840 --> 00:13:07.679 at eight hundred plus announced by late seventy nine, early 260 00:13:07.759 --> 00:13:12.200 nineteen eighty silver, you know, the fifty two fifty mark 261 00:13:12.240 --> 00:13:14.000 that it hit in nineteen eighty was an all time 262 00:13:14.080 --> 00:13:17.200 high until last year is forty five years there was 263 00:13:17.240 --> 00:13:20.120 government intervention, David, and as you know, as a matter 264 00:13:20.159 --> 00:13:21.840 of fact, if you look at some of the headlines. 265 00:13:22.200 --> 00:13:26.000 Even the government of Japan is saying that they're going 266 00:13:26.039 --> 00:13:29.879 to look at the possibility of intervening. Intervening in oil futures. 267 00:13:31.039 --> 00:13:33.440 There's a clear single The United States has done that too, 268 00:13:33.840 --> 00:13:36.000 and they may be doing some of it with gold. 269 00:13:36.039 --> 00:13:39.639 I mean, the higher and faster the gold rises, the 270 00:13:39.639 --> 00:13:42.240 more attention gets paid to things like the dollar and 271 00:13:42.279 --> 00:13:44.320 the currency stability and everything else. 272 00:13:44.759 --> 00:13:48.960 And I think that you're right. People have used the 273 00:13:49.039 --> 00:13:51.360 entities have used gold right now as liquidity. That's what 274 00:13:51.399 --> 00:13:51.879 it's for. 275 00:13:52.519 --> 00:13:57.519 I find these price breaks as an opportunity. 276 00:13:57.639 --> 00:13:59.320 I saw when it pulled back. 277 00:13:59.360 --> 00:14:00.879 It's the first thing I picked up the ponus that 278 00:14:00.919 --> 00:14:04.360 we've got to order some some gold grams, some of 279 00:14:04.399 --> 00:14:07.559 the one grand bars. I ordered, like, you know, a 280 00:14:07.720 --> 00:14:10.480 four hundred of them when I saw that it pulled back, 281 00:14:10.519 --> 00:14:11.919 because we need them and need supply. 282 00:14:11.960 --> 00:14:13.720 As long as as long as there's. 283 00:14:13.519 --> 00:14:17.519 A price pulled back and still supply, I'm going to 284 00:14:17.600 --> 00:14:19.759 make that order. So I think it's just a good 285 00:14:19.759 --> 00:14:24.000 opportunity for people to still get physical product in the 286 00:14:24.039 --> 00:14:26.679 face of everything that's going on, because you're right, the 287 00:14:26.720 --> 00:14:30.600 markets are irrational and they're going to everything's going to correct. 288 00:14:30.639 --> 00:14:32.039 We've been down this road before. 289 00:14:32.159 --> 00:14:35.600 I mean just before twenty twenty four, going into twenty five, 290 00:14:35.679 --> 00:14:39.480 you and I had many conversations about the perceived you know, 291 00:14:39.559 --> 00:14:44.960 economic boom that was going to happen to crypto, and 292 00:14:45.039 --> 00:14:48.080 that never came. You know, like the bitcoin went to 293 00:14:49.320 --> 00:14:52.799 one hundred thousand and plus and then just nothing happened. 294 00:14:52.799 --> 00:14:56.000 You know, there was no there was no crypto boom, 295 00:14:56.159 --> 00:14:59.000 and the same thing, you know, the opposite with gold, 296 00:14:59.000 --> 00:15:01.080 and gold and silver started selling off. Well we don't 297 00:15:01.120 --> 00:15:04.799 have to, you know, get into these metals, these barbarous relics. 298 00:15:04.799 --> 00:15:07.480 There is going to be you know, stock market rally 299 00:15:07.519 --> 00:15:10.440 and all the rest. That stuff never came either, and 300 00:15:10.720 --> 00:15:13.440 so it reversed and gold started doing its thing based 301 00:15:13.480 --> 00:15:16.240 off of all the volatility that Trump's put us through. 302 00:15:16.519 --> 00:15:22.320 This chaos, it's all responding remember the tariffs, all that 303 00:15:22.320 --> 00:15:25.000 that was happening, the black Swan event as I called it, 304 00:15:25.000 --> 00:15:29.679 with the big vaults not knowing whether or not they're 305 00:15:29.720 --> 00:15:31.559 going to be tariff that they move products, so they 306 00:15:31.559 --> 00:15:34.759 started clearing out and that set off a chain reaction 307 00:15:35.679 --> 00:15:37.200 of the paper market. 308 00:15:37.519 --> 00:15:40.080 The chaos that he creates is just amazing, you know, 309 00:15:40.240 --> 00:15:42.559 so I said, when we're talking about taco, Trump always 310 00:15:42.600 --> 00:15:45.480 chickens out. I said, it should be. Trump is always 311 00:15:45.559 --> 00:15:49.519 capricious and odious in terms of what he does. You know, 312 00:15:50.039 --> 00:15:52.919 like these you point out the terraffs creating all kinds 313 00:15:52.960 --> 00:15:55.840 of problems with physical gold and silver. People not sure 314 00:15:55.840 --> 00:15:57.159 what's going to happen, is going to be a big 315 00:15:57.200 --> 00:15:59.559 tax if we move this type of thing. And so 316 00:15:59.720 --> 00:16:03.279 it is kind of interesting because we always said Trump 317 00:16:03.320 --> 00:16:05.279 is really good for gold and silver. Why because he's 318 00:16:05.320 --> 00:16:08.879 really bad for the economy, and when you look at 319 00:16:08.960 --> 00:16:12.960 what he fundamentally does, he will even make it even 320 00:16:13.000 --> 00:16:16.320 better because he gives people these happy stories like we're 321 00:16:16.320 --> 00:16:19.039 gonna go into crypto and we're gonna do a bitcoin reserve, 322 00:16:19.080 --> 00:16:21.759 and everybody jumps over all the people who are doing 323 00:16:22.840 --> 00:16:24.840 kind of day trading I call it, although it's maybe 324 00:16:24.840 --> 00:16:26.399 a little bit more than day trading, but they're trying 325 00:16:26.440 --> 00:16:29.360 to time the market, right, so they all jump into 326 00:16:29.440 --> 00:16:32.360 crypto and out of gold and silver, create a buying 327 00:16:32.399 --> 00:16:36.200 opportunity for us. Right after he was elected. This is 328 00:16:36.320 --> 00:16:39.120 I see this as the same thing again. He's created 329 00:16:39.120 --> 00:16:41.559 a big buying opportunity for people. You know, there's an 330 00:16:41.600 --> 00:16:45.919 old expression that bulls make money, bears make money, but 331 00:16:46.120 --> 00:16:49.559 pigs go broke. That's right, and those are the people 332 00:16:49.720 --> 00:16:52.279 who are trying to time the market. That's why I 333 00:16:52.399 --> 00:16:56.279 like what you do with the wise Wolf, the wolf 334 00:16:56.320 --> 00:16:59.600 Pack and people being able to buy it gradually in 335 00:16:59.639 --> 00:17:01.639 average the price out of a period of time because 336 00:17:01.679 --> 00:17:04.359 we know what the long term fundamentals are here. There's 337 00:17:04.359 --> 00:17:06.720 no question about where this is all going in the 338 00:17:06.720 --> 00:17:10.039 long term. There is a question in terms of what's 339 00:17:10.079 --> 00:17:12.920 immediately going to happen to the price this afternoon, you 340 00:17:12.960 --> 00:17:14.720 know that type of thing. So you want to average 341 00:17:14.720 --> 00:17:17.599 this out over a period of time. Yeah, there's a 342 00:17:17.680 --> 00:17:18.880 variation on that saying. 343 00:17:19.440 --> 00:17:21.920 My dad taught me and I think I was probably 344 00:17:22.000 --> 00:17:23.920 eight or nine years old. He talked to me about 345 00:17:23.960 --> 00:17:27.720 and it said pigs get fat, but hogs get slaughtered. 346 00:17:28.559 --> 00:17:30.920 One of my favorite. It's just kind of a it's 347 00:17:30.920 --> 00:17:33.039 a lesson on greed. A matter of fact. 348 00:17:33.079 --> 00:17:37.319 You talk about dollar cost averaging, and for wolf Pack, 349 00:17:37.359 --> 00:17:39.839 you know, that's what we do. You can select a 350 00:17:39.839 --> 00:17:42.759 fifty dollars package and so you just press fifty and 351 00:17:42.799 --> 00:17:45.680 that's what debits your your card every month, and then 352 00:17:45.720 --> 00:17:48.799 when you get your invoice it's based off whatever time 353 00:17:48.839 --> 00:17:51.119 that you're in, So if it's fifty two, fifty or 354 00:17:51.319 --> 00:17:54.920 five hundred, whatever it is. And we do blanket invoices 355 00:17:54.960 --> 00:17:57.839 for each tier. So I'll be on the phone with 356 00:17:58.000 --> 00:18:00.160 the echo. She does all of my invoices. She'll look 357 00:18:00.160 --> 00:18:02.680 at the inventory that we have and she'll build it 358 00:18:02.759 --> 00:18:04.880 based off the prices. And a lot of times, David 359 00:18:05.039 --> 00:18:06.960 and I mean it's back bragging on my crew a 360 00:18:06.960 --> 00:18:08.880 little bit, but a lot of times, even if the 361 00:18:08.880 --> 00:18:12.160 prices go up, I'll keep the the invoices the same. 362 00:18:12.799 --> 00:18:15.119 And I don't I don't just go up just for 363 00:18:15.200 --> 00:18:17.119 the sake of going up, because I'm like, we're already, 364 00:18:17.279 --> 00:18:20.119 we already made money. It's fine, and uh, you know, 365 00:18:20.160 --> 00:18:21.799 the customer can save a little bit. So even on 366 00:18:21.880 --> 00:18:24.599 those we try to pass on as much savings as 367 00:18:24.599 --> 00:18:26.960 we can. And then it's not about my company. It's 368 00:18:27.039 --> 00:18:29.759 just I think a lot of companies out there. You 369 00:18:29.759 --> 00:18:33.200 look at Walmart, they're about to implement talk about why 370 00:18:33.279 --> 00:18:38.119 my style pricing. They're going to have electronic price tags 371 00:18:38.599 --> 00:18:40.599 on the shelves that can be changed. 372 00:18:40.240 --> 00:18:43.000 In real time. Wow, yeah, did you see that story. 373 00:18:43.079 --> 00:18:45.240 I didn't see that story. Yeah, let's come out. 374 00:18:45.400 --> 00:18:49.000 They're they're tooling up for hyperinflation. So they're doing yeah, 375 00:18:49.000 --> 00:18:51.559 absolutely amazing. Well, you know, we look at this this uh, 376 00:18:52.000 --> 00:18:56.000 this article from Morning Star how the Iranian war made 377 00:18:56.079 --> 00:18:58.160 lead to the last days of the petro dollar. And 378 00:18:58.160 --> 00:19:00.640 we've been talking about this for a long time, you know, 379 00:19:00.680 --> 00:19:03.400 going back to the damage that was done with Biden 380 00:19:03.400 --> 00:19:06.440 as a weaponized this system that they built, you know, 381 00:19:06.480 --> 00:19:12.400 fifty three years ago, and now it's looking even worse. 382 00:19:12.519 --> 00:19:15.279 What they're saying is that, you know, of course the 383 00:19:15.839 --> 00:19:19.440 buying and selling of the world's energy was priced and 384 00:19:19.519 --> 00:19:22.480 petro dollars. Part of that equation was that we would 385 00:19:22.480 --> 00:19:28.480 provide security, meaning you know, our military as well as 386 00:19:28.480 --> 00:19:30.319 the weapons that we would sell to people like Saudi 387 00:19:30.359 --> 00:19:32.240 Arabia and that type of thing. But it was going 388 00:19:32.319 --> 00:19:34.319 to be a Pax Americana. You know, we're going to 389 00:19:34.400 --> 00:19:37.599 have a peace and trade and we're going to provide 390 00:19:37.640 --> 00:19:42.000 that and in exchange for that, Saudi Arabia would buy 391 00:19:42.079 --> 00:19:45.640 our treasure bills and you know, save their money and 392 00:19:45.960 --> 00:19:49.039 dollars in price everything in dollars. Now this is all 393 00:19:49.079 --> 00:19:51.599 falling apart. People are realizing that not only are we 394 00:19:51.680 --> 00:19:55.119 not interested in providing peace and prosperity. I mean, we 395 00:19:55.160 --> 00:19:58.680 want to help Israel acquire land, which is what their 396 00:19:58.759 --> 00:20:01.839 ambition is. So it doesn't really matter if that's war 397 00:20:02.440 --> 00:20:05.279 and if it's poverty, we're going to go along that path. 398 00:20:05.720 --> 00:20:08.680 And so they're looking at this and rethinking the relationship. Plus, 399 00:20:08.720 --> 00:20:11.240 we are not a net customer of theirs anymore. We 400 00:20:11.279 --> 00:20:14.440 are a net exporter of all these things. And it 401 00:20:14.599 --> 00:20:16.759