Speaker 1: Welcome back, folks. It is a time of rapid change,
Speaker 1: and one of the things that is rapidly changing is gold.
Speaker 1: So we have Tony Ardeban of wise Wolf Gold and
Speaker 1: Silver joining us, and again you can get to his
Speaker 1: site by using David Knight dot Gold. Let him know
Speaker 1: that you came through us, and you can gradually start
Speaker 1: to accumulate gold. You can have a real savings program
Speaker 1: of something that will preserve its value. He's set up
Speaker 1: a wolf pack where you can buy in at different
Speaker 1: levels and just do this on a monthly basis. It's
Speaker 1: a great program, something I don't know of anybody else doing.
Speaker 1: Thank you for joining us, Tony.
Speaker 2: We've had it's always a pleasure to be here. I'm
Speaker 2: glad I get to talk to Travis this week as well.
Speaker 2: That's right, he's pull a double this time, a dual
Speaker 2: mind to get to answer some questions. You're right, there's
Speaker 2: a lot of changes going on, you know. I think
Speaker 2: i'd frame that maybe a little differently, David. There's a
Speaker 2: lot of changes going on with the Fiat currency system
Speaker 2: and the monetary system of the United States and around
Speaker 2: the world. But I think gold and silver have basically
Speaker 2: remained the same. I mean they have the stable coin
Speaker 2: gold than we did. They're the real stable coin, the
Speaker 2: real stable coin.
Speaker 1: Yeah.
Speaker 2: Well, there's a lot happening with gold in this monetary reset,
Speaker 2: and it is interesting to watch. Something I've been curious.
Speaker 2: You always followed the gold silver ratios, and today it's
Speaker 2: about I think it's about eighty eight ounces of silver
Speaker 2: to make one ounce of gold. But I started running
Speaker 2: the gold to bitcoin ratios and that's been an interesting metric.
Speaker 2: If you actually go back to the end of twenty
Speaker 2: twenty four, it took about forty ounces of gold to
Speaker 2: make one bitcoin, and now it takes thirty one point one,
Speaker 2: so's there's a bit of big leap in gold. Even
Speaker 2: though bitcoin was one hundred thousand in twenty to twenty four,
Speaker 2: at the end of twenty four it broke one hundred
Speaker 2: thousand and then went to about one hundred and twenty thousand,
Speaker 2: I believe around the Trump inaugural. But it's been trading
Speaker 2: sideways and chopping sideways a lot, most likely through the
Speaker 2: last few months. And you see gold continuing to just rise,
Speaker 2: and it's rising on mostly uncertainty, it's rising on central
Speaker 2: bank accumulation, and it's rising on the expected rate cut.
Speaker 1: Yes, and it's kind of interesting that even El Salvador,
Speaker 1: which had moved over strongly to bitcoin, their central bank
Speaker 1: has started accumulating gold for the first time. So I
Speaker 1: guess the people that named the country after Jesus have
Speaker 1: decided to start saving some real money gold. But it's
Speaker 1: kind of interesting to see that happening. And see even
Speaker 1: some of the stable coin people are talking about we're
Speaker 1: going to set up a fun here that's going to
Speaker 1: be bitcoin, but we're going to start accumulating gold for insurance.
Speaker 1: So you got some bitcoin people who are accumulating gold
Speaker 1: for insurance as well.
Speaker 2: That's correct. And Tether, I believe, has actually gone into
Speaker 2: backing some of the gold mining operations. They're putting into
Speaker 2: the basis of infrastructure for gold. It's a really interesting time.
Speaker 2: I remember the interview I did with Alan Arrera, and
Speaker 2: I mentioned this last week. He wrote a history of gold,
Speaker 2: but I was thinking about that this morning. There was
Speaker 2: one hundred thousand tons or so accumulated through all of
Speaker 2: history up until about nineteen ninety, and since that time,
Speaker 2: we've put another one hundred thousand tons into circulation of mining.
Speaker 2: We've mined that much more gold and the price is
Speaker 2: where it is still. So I think this is because
Speaker 2: we've got a lot of fiscal uncertainty, have been so
Speaker 2: much debasement of fiat currency. It's hard to tell exactly
Speaker 2: what the true price of gold is, but I don't
Speaker 2: think we're anywhere near it right nowadays. Yeah.
Speaker 1: Yeah, And of course they just had the Producer of
Speaker 1: Price Index come out and it showed inflation was higher
Speaker 1: than they had thought, but that didn't really move gold
Speaker 1: all that much. A little bit. But the thing that
Speaker 1: really moved it this week was when they saw this
Speaker 1: massive record fake jobs report. I guess, you know, along
Speaker 1: with their fiat currency, they have fiat jobs, things that
Speaker 1: don't really exist that they just make up out of
Speaker 1: thin air. And that had been happening throughout the Biden
Speaker 1: administration last year or so, and now they're having a
Speaker 1: reckoning as they start to try to backfill and remove
Speaker 1: these fake jobs that they put in there to try
Speaker 1: to pump him up and make them look good. And
Speaker 1: so that was one of the things that set gold off.
Speaker 1: But it's also I think the unrest that we're seeing,
Speaker 1: you know, the attempts to escalate, attempts to drag everybody
Speaker 1: in to World War three that we see, it's always
Speaker 1: all of these different things have always moved to help
Speaker 1: gold because gold can be simple. It can be something
Speaker 1: that you have physical custody of. It doesn't even require
Speaker 1: for the infrastructure of the internet being there.
Speaker 2: And I think we make a mistake we look at
Speaker 2: the price of commodities. We think that they're priced into
Speaker 2: the metrics of all things financial globally, and they're just not.
Speaker 2: I mean, if you look at the supposed wealth of
Speaker 2: the world and all the transaction is what's held, it's
Speaker 2: about five hundred trillion. The market cap for gold, I
Speaker 2: believe is about twenty trillion. I think silver is about
Speaker 2: two trillion something like that, And so it's relatively nothing
Speaker 2: compared to all of the financial products and all of
Speaker 2: the seeming you know, what is you know, presented as
Speaker 2: wealth or value around the world. I think we're just
Speaker 2: on the edge of something really historic. David. And you know,
Speaker 2: I'm sure you know we've heard this before because they
Speaker 2: call it a great reset. But financially everything that in
Speaker 2: the United States, we just hear about these you know,
Speaker 2: a few stocks who hear about Navidia. You hear about
Speaker 2: things like that the fang stocks, but the most of
Speaker 2: the stocks they're just kind of dead to people. They chop,
Speaker 2: they move sideways, they don't go anywhere. Yeah, it's we
Speaker 2: have a different metric of wealth here, and I think
Speaker 2: this is because of the changes that are on the horizon.
Speaker 2: The monetary changes are so massive. I think that's what's
Speaker 2: happening is seeing the prices of gold and silver and
Speaker 2: for a lesser extent, bitcoin right now. I think that
Speaker 2: has a lot to do with the uncertainty around the
Speaker 2: world in adoption. I think that's why bitcoin's kind of
Speaker 2: just sitting there not doing anything.
Speaker 1: Yeah, everybody is looking for something that is real and authentic,
Speaker 1: because you point out, you know, we have this paper
Speaker 1: wealth that is astronomical, and gold is a teeny tiny
Speaker 1: sign of that. And I think people are looking at
Speaker 1: all these fiat currencies and all these different manipulations they
Speaker 1: are being done by governments, and they're looking to fall
Speaker 1: back on something that's real. And I think that's one
Speaker 1: of the reasons why this nonsense from the Bureau of
Speaker 1: Labor Statistics the BLS was such obvious. BS. That's one
Speaker 1: of the things that really kicked off gold. It's like
Speaker 1: you know, what is reel out here? Do we have
Speaker 1: anything that's real?
Speaker 2: Well, that's going to be the big question after all
Speaker 2: these years, after nineteen seventy one, is what is real
Speaker 2: At the end of the end of the day, We've
Speaker 2: had so much fake thrown at us, and you know,
Speaker 2: we have these booms and busts, and a lot of
Speaker 2: them are manufactured, and now the bubble has gotten so big.
Speaker 2: If you go back through monetary history, like I like
Speaker 2: to do, you know, if you go back to some
Speaker 2: of the earlier panics, like the panic of nineteen oh seven,
Speaker 2: that we had natural market forces were allowed to come
Speaker 2: in and everything was corrected, so it was a longer
Speaker 2: period between boom and bus cycles and it wasn't as large.
Speaker 2: But when you artificially prop them up like we did
Speaker 2: with the Great Financial Crisis of two thousand and eight
Speaker 2: two thousand and nine, which was really unpressent. We never
Speaker 2: really done anything like that before, where the government, you know,
Speaker 2: putting pressure on the central bank, created you know, trillions
Speaker 2: out of thin air to prop up banks that were
Speaker 2: too big to fail or jail and the consequences of
Speaker 2: that are still not felt. There's zombie corporations. I've talked
Speaker 2: about this many times and stuff zombie corporations that are
Speaker 2: in effect propped up.
Speaker 1: Well still maybe in the back of a lot of
Speaker 1: people's minds, It certainly is in the back of my mind.
Speaker 1: I mean, if they can, if they can blow up
Speaker 1: real estate by using tokenization, securitization and fake financial instruments,
Speaker 1: then you know, you want to physically hold something that
Speaker 1: is real, like gold and silver. And I think that
Speaker 1: it's a lot of people got to be thinking about
Speaker 1: it in the back of their mind, like, you know, hey,
Speaker 1: look at what they were able to do with real estate.
Speaker 1: We need to get something that's real.
Speaker 2: Well, that's right, And then real estate in and of itself,
Speaker 2: I think is an open question of how secure that is.
Speaker 2: How much of a bubble is that right now because
Speaker 2: of the interest rates, and that's the attempt is going
Speaker 2: to be to cut it by twenty five basis points
Speaker 2: coming up to see if it can fuel the economy
Speaker 2: because we need that debt creation. I mean, as long
Speaker 2: as there's currency creation and debt creation, then it seemingly
Speaker 2: is a healthy economy. But that's a foundation built on sand,
Speaker 2: as we know, and the looming financial disaster. I think
Speaker 2: that it's out there, and I'm not just being pessimistic
Speaker 2: for the sake of it. I think that that's just
Speaker 2: the data. I mean, look at the debt explosion we
Speaker 2: were talking about September eleventh. And I'm speaking today, by
Speaker 2: the way, I got my show next, but I'm gonna
Speaker 2: I got invited to speak at the Rotary Club here
Speaker 2: in Dennis and Texas for about thirty minutes.
Speaker 3: I told my can I talk about nine to eleven
Speaker 3: and we're going to have I think some people are
Speaker 3: going to I'm not going to go full tilt onto them,
Speaker 3: but we're going to talk about things like Building said,
Speaker 3: and we're going to talk.
Speaker 2: About some of the mysteries of nine to eleven, and
Speaker 2: maybe even talk about some of the the shorts that
Speaker 2: were put onto you know, the short sales and the
Speaker 2: puts that were put onto airline stocks by affiliates of
Speaker 2: Deutsche Bank who had ties to intelligence. We could we'll
Speaker 2: talk a little bit about that today. But yeah, it's
Speaker 2: it's you know, since two thousand and one, David, we've
Speaker 2: I think that I looked up the debt of the
Speaker 2: US in two thousand and one and September eleventh, it
Speaker 2: was around five point five trillion, and as we stand today,
Speaker 2: we're at thirty seven plus trillion dollars. These are metrics
Speaker 2: that you know, these are unsustainable things, and you know
Speaker 2: the debt to GDP ratio, and now clearly the the
Speaker 2: answer here, I think is to invadel. We have to
Speaker 2: do that because everything will everything will be fine. It's
Speaker 2: a national security issue, ladies and gentlemen. Nights.
Speaker 1: Really they're having a boil that they could set up
Speaker 1: their own petro dollar without Saudi Arabia. If they went
Speaker 1: into Venezuela, they got more, right, more oil than Saudi Arabia.
Speaker 2: That that's that's the issue with Venezuela's is not it's
Speaker 2: so ridiculous that it's not the cartels, it's not any
Speaker 2: of that. It's uh, it's it's the it's a grotesque
Speaker 2: version of the Monroe doctrine in some way unfortunately, and
Speaker 2: that but yeah, we're not we're not working on any
Speaker 2: of the things that would actually make this economy healthy. David.
Speaker 2: I mean, we've got you've seen some of these people,
Speaker 2: and I know you've played some of this, but some
Speaker 2: of these folks, these uh operators that are trying to
Speaker 2: figure out what to do about tariffs and how to
Speaker 2: get their products in and having to shut down and
Speaker 2: they're firing people and all the rest that's happening because
Speaker 2: of the tariffs and uncertainty. Uh, this is not a
Speaker 2: game that's gonna turn out well for the people of
Speaker 2: the United States, unfortunately. And I and and the sad
Speaker 2: part about it is I agree with the concept of
Speaker 2: tariffs up until now.
Speaker 1: From Yeah, it's the sort of thing where actually there
Speaker 1: was a good article on Mesus and I'll cover it
Speaker 1: later where they said Trump is portraying tariffs something that's
Speaker 1: going to make us wealthy. But they said, however, if
Speaker 1: you look at this historically, the countries that have high
Speaker 1: tariffs are the poorest in the world, and the ones
Speaker 1: that had a low tariffs or the richest in the world.
Speaker 1: And so it is not looking like it's going to
Speaker 1: build prosperity. And of course then it also begs the
Speaker 1: question which they don't really address, and that is we've
Speaker 1: always been told by Democrats that we can tax and
Speaker 1: spend our way to prosperity. And that's basically what Trump,
Speaker 1: a Democrat, is telling us now, that we can tax
Speaker 1: and spend our way to prosperity. And yet that is
Speaker 1: not the case. It is exactly the opposite. But before
Speaker 1: we get away from the metals, silver you were talking
Speaker 1: about still has the ratio of about eighty or so
Speaker 1: to gold. And one of the interesting things I thought
Speaker 1: was the fact that as everybody got concerned about Trump
Speaker 1: putting on tariffs with gold, especially because of his war
Speaker 1: with Switzerland that he wanted to get into. This is
Speaker 1: the capricious and arbitrary nature of what Trump is doing.
Speaker 1: If he doesn't like a country, he threatens them with TIFFs,
Speaker 1: and this is one of the reasons why he should
Speaker 1: not have that power. Hopefully the courts are going to
Speaker 1: take it away. He's already lost twice with that. But
Speaker 1: people are saying, well, if he's going to put tariff
Speaker 1: on gold, they started getting concerned about that. He came
Speaker 1: out and explicitly said there will be no tariff on
Speaker 1: gold and a couple of other precious metals, but he
Speaker 1: left out silver. Do you read anything into that. He
Speaker 1: didn't say they wouldn't tariff at silver.
Speaker 2: That's interesting, and they may have to do somewhat with it,
Speaker 2: maybe indirectly with what we saw Russia do. Adding silver
Speaker 2: as a strategic reserve asset and accumulating silver. Other governments,
Speaker 2: I believe under the radar are also doing that, maybe
Speaker 2: even in the bricks periphery, and I think that's what's
Speaker 2: driving the price. I think a lot of the contracts
Speaker 2: and some of the other papered over silver markets are
Speaker 2: really getting strained right now. And I just did the
Speaker 2: calculation while you were talking. I just wanted to make sure.
Speaker 2: But it's eighty eight. It's eighty eight ounces of silver
Speaker 2: to make one ounce of gold. And it was interesting
Speaker 2: about as we've seen gold continue march towards another all
Speaker 2: time high, and we just hit another all time high
Speaker 2: a few days ago, you wondered if gold, if silver
Speaker 2: was going to keep up with gold. I mean, if
Speaker 2: you go back to the first quarter of the plandemic,
Speaker 2: after we had this massive stock market rally and then
Speaker 2: had the lowest you know, we had the lowest day
Speaker 2: on Wall Street, biggest crash since twenty nine. I remember
Speaker 2: the gold silver ratio at one time David was one
Speaker 2: hundred and twenty five to Wow. So it's because silver
Speaker 2: really crashed. I mean it went down to I mean
Speaker 2: on the spot levels it was under fifteen dollars. I
Speaker 2: think it was like around thirteen dollars an ounce at
Speaker 2: one time. Now you couldn't buy it anywhere for that.
Speaker 2: No one's going to sell it at thirteen, but it
Speaker 2: was it had crashed that hard and if we've slowly
Speaker 2: seen it build back. But I think this is starting
Speaker 2: to break away and go back. So historically it's been
Speaker 2: you know, even as low as ten to one, but
Speaker 2: that's generally twenty to one to forty to one somewhere
Speaker 2: in there, and we lost that balance post nineteen thirty three.
Speaker 2: I think those things are going to start resetting, especially
Speaker 2: as governments like the Government of Russia gets in on
Speaker 2: the silver game. Interesting enough, the Swiss were the last
Speaker 2: people to the last country to officially go into a
Speaker 2: fiat currency post nineteen seventy one. That they went into
Speaker 2: a total fiat in two thousand and two, and at
Speaker 2: that time they have had a silver standard for their currency.
Speaker 2: That might also be an underlying issue with with the
Speaker 2: Swiss and silver. That's the silver still a monetary metal.
Speaker 2: It's just gold gets all the big headlines. It's easier
Speaker 2: to move, you know that. It's I think at the
Speaker 2: end of the day, it's always known as money, but
Speaker 2: silver does it just right there underneath it as a
Speaker 2: monetary metal, not just an industrial metal, and it probably
Speaker 2: will reclaim that. As a matter of fact, the word
Speaker 2: rupie for the Indian currency is from the from the
Speaker 2: root word rupio, which means silver.
Speaker 1: Interesting, so, as you're pointing out the ratio between gold
Speaker 1: and silver, gold is up like what thirty four thirty
Speaker 1: seven percent or something this year. So has silver gone
Speaker 1: up that much?
Speaker 2: Yes, same, Yeah, it's followed it. That's because that's what
Speaker 2: I was saying. The interesting thing is the gold silver ratio,
Speaker 2: as we've been discussing, one time silver was thirty five
Speaker 2: dollars an ounce and gold was thirty five hundred. So
Speaker 2: it's one hundred to one, and that's been in the
Speaker 2: last ninety to one hundred and twenty days. But we're
Speaker 2: starting to slowly see everything starting to repurpose and reset
Speaker 2: itself back to that, you know, eighty something to one ratio,
Speaker 2: even if as gold climbs.
Speaker 1: Interesting, well, it's you know, when we look at this
Speaker 1: going forward, the war that Trump's got going with the
Speaker 1: Federal Reserve, there's another issue there. It looks like he's
Speaker 1: going to get his way, even though the court has
Speaker 1: blocked him being able to fire Lisa Cook as governor.
Speaker 1: I think what she did was wrong, it was criminal.
Speaker 1: But the other aspects of this I thought were kind
Speaker 1: of alarming was how Polty went through and did a
Speaker 1: Stalin esque investigation with artificial intelligence. It's very much like
Speaker 1: bring me the man, I'll find the crime. And so
Speaker 1: you know, he's bragging about the fact that he's got
Speaker 1: artificial intelligence. They can go back and sort through somebody's
Speaker 1: economic history and find anything, any technicality that they can
Speaker 1: hit him on. And she did violate the law. She
Speaker 1: did rely on her mortgage applications. But the way that
Speaker 1: they caught her is very concerning, and because they will
Speaker 1: use it against other people, I think. But it's also
Speaker 1: the fact that it is a whether or not he
Speaker 1: is able to get her out. He is deliberately trying
Speaker 1: to intimidate people to following his desired economic direction. Lowering
Speaker 1: interest rates, which is going to help gold, is going
Speaker 1: to hurt us with inflation, but it is going to
Speaker 1: help the price of gold significantly. Do you think they're
Speaker 1: going to do Most of the people are saying twenty
Speaker 1: five basis points, about a quarter of a point that
Speaker 1: they're going to lower rates. Some people are saying half
Speaker 1: a point. But the bottom line is is that Trump
Speaker 1: is going to get his way. Dryl clenty said, Trump
Speaker 1: is great gold who was last time because he pushes
Speaker 1: inflation and easy money policies. It looks like he's going
Speaker 1: to get his way with that as well. What do
Speaker 1: you think.
Speaker 2: I think he's going to get his way. I would
Speaker 2: lean towards twenty five basis points at least. I don't
Speaker 2: think there's going to be a fifty basis points cut
Speaker 2: right off the bat, but I do think it'll be
Speaker 2: followed by several other cuts. I mean, I think they'll
Speaker 2: go all the way into the midterms, into next year.
Speaker 2: That'll be the trend, and you'll start to see some
Speaker 2: of the same language float around again, and the Wall
Speaker 2: Street will be back. It'll look like everything's great for
Speaker 2: a while, and then you get into every time we
Speaker 2: do this, every time we create these bubbles, we're just
Speaker 2: setting ourselves up for the bigger downturn. And as you've
Speaker 2: noticed throughout the years, there's not much room to run anymore.
Speaker 2: I mean, we've been able to bail ourselves out by
Speaker 2: currency creation and lower interest rates. But if you keep lowering,
Speaker 2: if you get them back down to the COVID nineteen
Speaker 2: eighty four levels. Where do you go from there? And
Speaker 2: I think that's probably where we're headed, is just massive
Speaker 2: currency printing, money printing, expansion of the dollar, the M
Speaker 2: two supply. I think we'll do that. Inflation will continue
Speaker 2: to be a major issue, eating away at the savings
Speaker 2: of the American people and hurting the world. I think
Speaker 2: this is without sound money policies, we're just going to
Speaker 2: be continuing to debase and devalue our own financial system.
Speaker 2: And that's why things like gold are important. Silver is important,
Speaker 2: and anything that cannot be reprinted, which is that's only
Speaker 2: a few things. That's commodities. Basically, at the end of
Speaker 2: the day, it's things that are rare and things that
Speaker 2: take work to get out of the earth or to manufacturers.
Speaker 2: So I think we're the same policies, same things over
Speaker 2: and over again. Cheap money is on the horizon, which
Speaker 2: means expensive gold.
Speaker 1: That's right. Yeah, what we're looking at the fundamentals is
Speaker 1: you and I pointed out this isn't about trends that
Speaker 1: we're looking at in terms of past history of different things,
Speaker 1: as much as it is we see the instability geopolitically, financially,
Speaker 1: all these other things, and then this time there's something
Speaker 1: brand new on the horizon, and that is the desire
Speaker 1: of these people to have a CBDC, which now they
Speaker 1: are using the trojan horse of the Genius Act to
Speaker 1: try to set up these stable coins which will still
Speaker 1: give them complete ability to track and to prevent transactions
Speaker 1: from happening financially. And you've got a Senator Keith Kelly
Speaker 1: of Alabama is warning people that the Genius Act is
Speaker 1: going to harm small banks. I say it'd be more
Speaker 1: than a harm. It's going to destroy them. Eric Trump
Speaker 1: has said, and he made this pronouncement at I think
Speaker 1: maybe they were in Dubai or something, and he was
Speaker 1: talking about how banks were going to go away within
Speaker 1: ten years and it was all going to be stable coins,
Speaker 1: because that's what the Trump family is angling for with
Speaker 1: Liutnik and tether and things like that. And what happens
Speaker 1: when we lose the small banks, Tony, it seems to
Speaker 1: me like we lose cash.
Speaker 2: We will lose cash. Yeah, on a long enough timeline,
Speaker 2: I think you do lose cash. That is a big danger.
Speaker 2: We're not there yet, I don't think you know, we've
Speaker 2: I think the success of pushing pushing back against a
Speaker 2: central bank digital currency and the short term has been
Speaker 2: successful because they no longer have the same plans that
Speaker 2: they had, you know, five years ago for a central
Speaker 2: bank digital currency. But you're right, it's morphed. And what
Speaker 2: did Zigduberzinski say in run around sovereignty, they're doing it
Speaker 2: in run around the pushback on CBDC. They regrouped the
Speaker 2: rebrandable coin issue.
Speaker 1: Yeah, they regrouped them, they rebranded it, called it the
Speaker 1: Genius Act.
Speaker 2: And also, David, I think there's a there's something to
Speaker 2: the stable coins and what happens to the dollar, like
Speaker 2: the the next iteration of the dollar. I think that's
Speaker 2: important with the with the stable coins because we all,
Speaker 2: all of us had watched things like the Petro dollar
Speaker 2: die in the last year that's been That was a
Speaker 2: bizarre turn of events that you know, we didn't even
Speaker 2: try to save We didn't try to save the petro dollar,
Speaker 2: that fifty year agreement that we had with the Saudi's.
Speaker 2: It just lapped in the summer of twenty twenty four
Speaker 2: and with that without anything, and I thought, well, that's
Speaker 2: very strange. Yeah, Well, if you look at what they're
Speaker 2: trying to do with these off ramps on ramps for
Speaker 2: stable coins. It makes it really easy to trade internationally
Speaker 2: with the dollar. Stable coins. It's another it's like a
Speaker 2: rebirth of the dollar, a reimagining of the dollar itself.
Speaker 2: At least that's what I'm seeing kind of on the
Speaker 2: horizon for the future of the doll are in the
Speaker 2: monetary system.
Speaker 1: Yeah, I think they basically, you know, Lutnik can be
Speaker 1: the big customer of the Federal Reserve bonds and notes,
Speaker 1: and then they can through the stable coin thing, they
Speaker 1: can go to retail instead of trying to sell it
Speaker 1: to central banks who don't want to play that game anymore.
Speaker 1: They can offer the stable coin to individuals in other countries.
Speaker 1: And I think that's the direction that they're going to go.
Speaker 1: They're going to try to prop up the dollar with
Speaker 1: the stable coin.
Speaker 2: Yeah, I agree. I think that's the danger there is
Speaker 2: the dollar becomes stable coins. It's purpose that way is
Speaker 2: that we become a digitized system on the blockchain, and
Speaker 2: that's where you get into the dangers of the surveillance state,
Speaker 2: and you know, the surveillance disguised as money. As Catherine
Speaker 2: Austin fitz would say.
Speaker 4: I think a lot of people are sensing the threats
Speaker 4: that are out there to the dollar.
Speaker 2: Now.
Speaker 4: I mean, when you look at it, it seems like
Speaker 4: gold rowse about fifty percent across all of Trump's previous
Speaker 4: four years, and right now, in the eight months since
Speaker 4: he's taken office, it's rosen almost forty percent already. So
Speaker 4: people are looking at this and saying something's wrong with
Speaker 4: the dollar. And anytime the dollar is unstable, anytime it's weak,
Speaker 4: gold goes through the roof. And with the fact that
Speaker 4: we've already almost hit what he accomplished in his previous
Speaker 4: four years, shows that there is a lot of stuff happening.
Speaker 1: Yeah, he loves gold. He wants everything made out of gold.
Speaker 4: Maybe that's why he's just buying it all up. We're
Speaker 4: gonna have one day he's going to unveil the White
Speaker 4: House and it's going to be gold plated.
Speaker 1: We'll find he's the biggest customer, not the Central Bikes
Speaker 1: in China or whatever.
Speaker 4: So the White House is nice, but now it's gold.
Speaker 2: It's better gold.
Speaker 1: Actually, he's getting into crypto. That's really his family is becoming, uh,
Speaker 1: getting all their money into crypto. But you know this
Speaker 1: headline from the UK on expos UK Government's digital wallet
Speaker 1: plus a digital ID is the digital prison. And I
Speaker 1: think that's the bottom line to me. You know, we've
Speaker 1: we've had situations in the past and people, you know,
Speaker 1: if you look at gold as an investment, you know,
Speaker 1: you can look at past history and trends and things
Speaker 1: like that and try to buy it as a commodity,
Speaker 1: or people look at it as a hedge against the
Speaker 1: collapse of the dollar. But I see it as a
Speaker 1: hedge against the collapse of civilization and privacy and all
Speaker 1: the rest of this stuff, because I know how they're
Speaker 1: going to use this genius act stable coin. They're going
Speaker 1: to use it exactly like a CBDC. It's got all
Speaker 1: the worst features of a CBDC, but they've rebranded it
Speaker 1: to make you think that it's fine. And they've rebranded
Speaker 1: it so that they make the money, not the Federal Reserve.
Speaker 1: You know, it's going to be the Trump family and
Speaker 1: Lutnik who's going to make the money off of this
Speaker 1: kind of stuff. It's not going to be a powering company.
Speaker 2: I guess, well, you're right, And is it possible that
Speaker 2: the Federal Reserve itself releast that the creature from Jekyl
Speaker 2: Island is on the chopping block and the fourth turning.
Speaker 2: Is it one of the institutions that gets repurposed? And
Speaker 2: is there some creative destruction that's going on right now?
Speaker 2: And of course it's a game that you know, it's
Speaker 2: a big club and you ain't in it. It's not
Speaker 2: like we've been a fit at any any level. But
Speaker 2: is there some warring faction of the banking houses or
Speaker 2: establishment or dynastic families that decided to do something different
Speaker 2: and change the system itself? Is it no longer suits them?
Speaker 2: I mean, somebody's going to have to pay the bill.
Speaker 2: Think about the damage that's been done by the Federal
Speaker 2: Reserve Bank. Think about what the Central Bank has done
Speaker 2: to the United States too, are to our monetary system
Speaker 2: that we used to have a system as good as
Speaker 2: gold and we used to be the world's greatest creditor.
Speaker 2: There's the majority of the blame lies at the feed
Speaker 2: of the one institution that was supposed to regulate and
Speaker 2: control and keep boom and bus cycles from happening. All
Speaker 2: that stuff happened on their watch. As a matter of fact,
Speaker 2: it's lost ninety nine percent of its purchasing power since
Speaker 2: they assumed the helm of the charge of the monetary policy.
Speaker 2: So I think that maybe that's just a way of
Speaker 2: getting rid of it. Always need a crisis to precipitate
Speaker 2: the changes as they want, that's.
Speaker 1: Right, And then what do we replace it with? To
Speaker 1: replace the Federal Reserve as bad as it is, with
Speaker 1: one individual who's just going to dictate everything, you know,
Speaker 1: that's the key thing we're going to have. You know,
Speaker 1: we've got a fiat currency, so I guess we should
Speaker 1: have a fiat dictator who's going to have singular individual
Speaker 1: who's going to decide how everything the monetary policy, how
Speaker 1: much is going to be there, and interest rates and
Speaker 1: all the rest of these things that Federal Reserve has
Speaker 1: been manipulating. Would have central planning done by somebody who
Speaker 1: doesn't seem to plan anything economically. It just reacts, as
Speaker 1: we've seen with the tariff stuff.
Speaker 2: I definitely think this is a blip. You know, obviously
Speaker 2: the Trump administration, this is already you know, he can't
Speaker 2: run again. I don't think there will be a continuity
Speaker 2: of these same types of policies. So this is probably
Speaker 2: an anomaly somewhere, but it does fit into the larger
Speaker 2: plan as you mentioned, uh, you know, with with the
Speaker 2: with best in the Treasury secretary that ties to stable
Speaker 2: coins in the past. I think this is going to
Speaker 2: be something that stable coins, crypto a lot of what's
Speaker 2: going to be put on the table in the next
Speaker 2: three years and it will be implemented and put into
Speaker 2: the infrastructure. And it's sad because we don't need you know,
Speaker 2: at the end of the day, if if people had
Speaker 2: a free market for money, you know, you mentioned the
Speaker 2: small banks will be hurt by the stable coins. That's
Speaker 2: the exact entities that we would need to step up
Speaker 2: and and help us with the free market and have
Speaker 2: some real competition, you know, And and I think create
Speaker 2: a better, a better way. Decentralized currency is the answer
Speaker 2: to a centralized system that it's imploding. And that's a
Speaker 2: fortunate that people can't see it.
Speaker 1: Everything's going to become more centralized, you know. Instead of
Speaker 1: the federal Reserve, you have one individual or a couple
Speaker 1: of people in his administration will be making all the
Speaker 1: monetary policy. And then instead of a lot of smaller
Speaker 1: local banks and some of the competition that comes with that,
Speaker 1: you're going to have the too big to fail guys
Speaker 1: and too big to jail guys, they'll be the only
Speaker 1: ones that you'll be able to get loans from. What's
Speaker 1: that going to be like? And then, of course there's
Speaker 1: not going to be there's not going to be the
Speaker 1: ability to if you're a small business, assuming that there's
Speaker 1: any small businesses left, you're not gonna be able to
Speaker 1: take the cash that you had at your business and
Speaker 1: take it down to the local bank to have it deposited.
Speaker 1: You know, that's that's going to be a thing of
Speaker 1: the past as well. So it's all of it is
Speaker 1: about complete centralization and complete control, and it's going to
Speaker 1: be the usual suspects, the giant banks and the government
Speaker 1: that are going to exercise complete control over everything. That's
Speaker 1: why I say we need to have something that we
Speaker 1: can have as a basis for setting up a parallel
Speaker 1: economic system that's going to be out of their system.
Speaker 1: And that's where gold and silver, I think come in
Speaker 1: as a very important thing.
Speaker 2: I agree, I think, and I think we're just at
Speaker 2: the beginning of the implementation of a lot of those
Speaker 2: policies for people to get their hands on precious metals
Speaker 2: and start transacting them in them. I think that they
Speaker 2: were just at the at the beginning. A lot of
Speaker 2: states have made it legal tender. Texas recently just did that.
Speaker 2: They have some you know, three year plan or something
Speaker 2: to implement where they're going to you'll be able to
Speaker 2: store gold and silver in the Texas Depository and then
Speaker 2: you know, have a card against it and all that.
Speaker 2: That's fine, but it's also the the move there, I
Speaker 2: think by the state itself to make gold and silver
Speaker 2: legal tender, as well as other states that are working
Speaker 2: on it. That's the future. The states and the local
Speaker 2: governments are doing, I think a good job at preparing
Speaker 2: for a future where the dollars a lot less stable.
Speaker 1: I got a question for you, Tony from Wes robertson
Speaker 1: four four eight, ask well silver hit one hundred and
Speaker 1: fifty to two hundred dollars an ounce in the next
Speaker 1: two to three years.
Speaker 2: I think two to three years is probably, let's hope
Speaker 2: not because if it's hitting that, if it's doing those
Speaker 2: kind of numbers, we got some real problems. Yeah, I
Speaker 2: think that. I think that we're really poised in this
Speaker 2: last quarter of twenty twenty five here to see silver break.
Speaker 2: It's finally break it's forty five year all time high.
Speaker 2: I think that is a very good mathematical chance that
Speaker 2: we'll see silver do something like go to sixty dollars
Speaker 2: an ounce. That's real possible, and then you know, going
Speaker 2: into twenty twenty six and beyond, you know, it's tough
Speaker 2: to say. I think one hundred dollars an ounce silver
Speaker 2: is definitely doable in this decade, and that just kind
Speaker 2: of depends on what happens geopolitically, if we're in if
Speaker 2: you know, there's a lot of ifs there. Yeah, there's
Speaker 2: a lot of IFFs.
Speaker 1: Yeah, as you said, we'd be into the dollar really
Speaker 1: bad straights if it gets that high. As a matter
Speaker 1: of fact, there was something on Kitko and it was
Speaker 1: a quote from a company that is focused on silver
Speaker 1: silver stock investors, and he said he thought that it
Speaker 1: could go two hundred dollars an ounce this cycle. So
Speaker 1: that's a real bullsh projection, and even he's going to
Speaker 1: one hundred dollars and not two hundred or three hundred.
Speaker 2: I try to be as conservative as possible because a
Speaker 2: lot of people can misconstrue what I say is investment advice.
Speaker 2: But also I've found these silver bugs that are always
Speaker 2: going around the internet that have all these views that
Speaker 2: tell people that silver's going to be you know, one
Speaker 2: thousand dollars an ounce and stuff. I never I don't
Speaker 2: know what they're basing that off of. And I think
Speaker 2: that people get excited and they run off and they
Speaker 2: buy whatever products, you know, that they think they're going
Speaker 2: to see this massive returns. But I do think that
Speaker 2: we're still in an era of cheap silver. And I
Speaker 2: bring that up because of the gold silver ratio, and
Speaker 2: I think that the ratio is still skewed, even though
Speaker 2: silver is at forty almost forty two dollars an ounce
Speaker 2: on spot, So I still think we've got a long
Speaker 2: way to go where you can still accumune. I mean,
Speaker 2: obviously silver is going to do well throughout the decades,
Speaker 2: so you're just kind of getting this. You're not late
Speaker 2: to the party. At forty two dollars an ounce silver
Speaker 2: not even close.
Speaker 1: Yeah, well we're talking about if it goes to two
Speaker 1: or three hundred dollars an ounce again, that things are
Speaker 1: really bad, economical bad, because the you know, again, you know,
Speaker 1: we're at least I look at this stuff. When I
Speaker 1: look at gold and silver, I'm interested in it just
Speaker 1: as a store of value, not as playing a commodity market.
Speaker 1: You know, there's a lot of other commodities that you
Speaker 1: could play as well. I guess you could go invest
Speaker 1: in tomatoes. With Trump's erratic prayer of policies, you know,
Speaker 1: you can probably get involved in tomato futures and either
Speaker 1: get burned or become really rich. But I look at
Speaker 1: it as a preservation tactic, and not just a preservation
Speaker 1: of purchasing power, but as a preservation of privacy and
Speaker 1: of freedom. Because this other thing that's out there, besides
Speaker 1: the interplay between these fiat currencies and the traditional money
Speaker 1: of gold and silver, this is whole other thing out there,
Speaker 1: of the stable coins of the cbdc's or whatever they
Speaker 1: want to label them, do the same thing. And that's
Speaker 1: what really has me concerned. We do you have any
Speaker 1: more questions here that you see lance for Tony, I
Speaker 1: don't see any there. Let me ask you what's going
Speaker 1: on with why is Wolf?
Speaker 2: Well, we got the old bank location. I took a
Speaker 2: branch bank, an old Bank of America and repurposed it
Speaker 2: here in Dennison, Texas. I'm getting my signs up in
Speaker 2: the next week or so. We got a banner up
Speaker 2: right now, we've been busy. I love it's a still
Speaker 2: got the drive through still says atm on there it's fun.
Speaker 2: So I got putting a new studio in there for podcasts,
Speaker 2: and we rebranded it, David. We did just for this location,
Speaker 2: we did Wisewolf, Gold Silver Bitcoin. I changed the logo
Speaker 2: up a bit, so I'm the only drive through Gold
Speaker 2: Silver Bitcoin place in the world. Think I'm gonna say
Speaker 2: in the world. I don't know that there's anybody competing
Speaker 2: with me and in that realm yet, but we're really
Speaker 2: excited about that. I've put in some work there and
Speaker 2: I don't think I'll be doing any more physical locations.
Speaker 2: I have my two.
Speaker 1: I think it might have an opportunity if all these
Speaker 1: local banks start going out of business.
Speaker 2: Still being yeah, I'll be the bank of choice.
Speaker 1: Yeah.
Speaker 2: Yeah. We We've definitely put in a lot of infrastructure
Speaker 2: into the two physical locations in the last year. I
Speaker 2: wanted to make sure that, you know, the marketing was
Speaker 2: sound and people could physically bring us product. So if
Speaker 2: you just I mean, this is what we do every week.
Speaker 2: But the intel that I'm seeing is that a lot
Speaker 2: of people are selling a lot of people are selling
Speaker 2: product and we're happy to be there for them, but
Speaker 2: that ratio of buyers to sellers, you know, it's just
Speaker 2: so skewed right now, and you wonder. You see these
Speaker 2: prices that are rising, somebody's buying and it's just not
Speaker 2: the everyday people are doing stuff like wolf Pack. They're
Speaker 2: they're budgeting out, which is great, and we need every
Speaker 2: single wolf Pack membership to offset that because we're buying product.
Speaker 2: Like I bought like six hundred ounces of silver yesterday
Speaker 2: and I got nowhere to put it. If you're interested
Speaker 2: in getting some great deals on silver, you should give
Speaker 2: me a call because I got like two ounce, three ounce,
Speaker 2: five ounce of rounds and bars from the Australian Mint.
Speaker 2: I'm just buying, buying crazy amounts. That's like over twenty
Speaker 2: two thousand dollars. I think we bought between the two locations,
Speaker 2: probably like you know, a thousand ounces yesterday. We're buying
Speaker 2: ounces a handover fist.
Speaker 1: And then that one one seller is just a lot
Speaker 1: of people that were selling silver.
Speaker 2: Uh it's it's that was one The six hundred anouncements
Speaker 2: was one shot. But we just we are getting a
Speaker 2: lot of people selling of course gold gurban gold mining
Speaker 2: is up. But that's a good that's a good thing.
Speaker 2: I I'd love to buy as much scrap gold as
Speaker 2: I can buy. Uh, you know, watches and chains and rings.
Speaker 2: I love that. I mean that helps. That's uh, that
Speaker 2: keeps the lights on and teeth and that's really gone.
Speaker 2: It's really been busy because of the price of gold.
Speaker 2: But yeah, now it's a good time to get into
Speaker 2: this one. I know it's people are skittish, but I
Speaker 2: would say it's a it's a really good time I
Speaker 2: think too, especially get into silver, and we got a
Speaker 2: lot of great deals on that right now.
Speaker 1: Well, if it's being driven by instability, I don't see
Speaker 1: any stability on the horizon. No, that's that's the key thing. Well,
Speaker 1: it's always great talking to you, Tony, and your program
Speaker 1: is going to be immediately following this one on X
Speaker 1: and uh thoughtswhere else they can find it?
Speaker 2: Yeah, on Rumble at on the America Unplugged channel and
Speaker 2: on X at tony Ardburn you'll find me live there.
Speaker 2: I have a YouTube channel. You might want to check
Speaker 2: it out before it goes away, but it's at tony Ardburn.
Speaker 2: You can find me on YouTube. There and then I'll
Speaker 2: be I'll be going to speak to the Rotary Club.
Speaker 2: So if you're in Dennison, go by because I'm gonna
Speaker 2: I'm going to be kind, but we're going to talk
Speaker 2: about some of the mysteries of nine to eleven. People
Speaker 2: that leave there will not look at nine to eleven
Speaker 2: again this name.
Speaker 1: Well they shouldn't, you know. I would just encourage them
Speaker 1: to get on YouTube and search for building demolitions and
Speaker 1: they might get an idea of what a.
Speaker 2: Real building like that.
Speaker 1: Yeah it's a yeah, you can see I fail. They
Speaker 1: could also take a look at all the different skyscraper fires,
Speaker 1: many of them that went for several days with steel
Speaker 1: skyscrapers and they never fell. They might be twisted metal,
Speaker 1: but they never fell. Well, thank you for getting the
Speaker 1: truth out of there, Tony, and thank you for what
Speaker 1: you do. It's been great to have a good source
Speaker 1: for gold and silver, and I know that you will
Speaker 1: love the ability to be able to gradually accumulate and
Speaker 1: save gold and silver on a regular basis. That's what
Speaker 1: wise Wolf has really been. So thank you so much
Speaker 1: for what you do. Again, people can find Tony. They
Speaker 1: go to David Knight dot Gold they'll take you to
Speaker 1: Wisewolf as well. Thank you, Tony. We'll talk to you later, sir,
Speaker 1: You soon. The common man. They created common Core and
Speaker 1: dumb 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 simple, unsophisticated ordinary. But each of us has
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