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<v Speaker 1>Welcome back, folks. It is a time of rapid change,

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<v Speaker 1>and one of the things that is rapidly changing is gold.

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<v Speaker 1>So we have Tony Ardeban of wise Wolf Gold and

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<v Speaker 1>Silver joining us, and again you can get to his

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<v Speaker 1>site by using David Knight dot Gold. Let him know

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<v Speaker 1>that you came through us, and you can gradually start

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<v Speaker 1>to accumulate gold. You can have a real savings program

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<v Speaker 1>of something that will preserve its value. He's set up

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<v Speaker 1>a wolf pack where you can buy in at different

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<v Speaker 1>levels and just do this on a monthly basis. It's

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<v Speaker 1>a great program, something I don't know of anybody else doing.

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<v Speaker 1>Thank you for joining us, Tony.

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<v Speaker 2>We've had it's always a pleasure to be here. I'm

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<v Speaker 2>glad I get to talk to Travis this week as well.

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<v Speaker 2>That's right, he's pull a double this time, a dual

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<v Speaker 2>mind to get to answer some questions. You're right, there's

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<v Speaker 2>a lot of changes going on, you know. I think

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<v Speaker 2>i'd frame that maybe a little differently, David. There's a

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<v Speaker 2>lot of changes going on with the Fiat currency system

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<v Speaker 2>and the monetary system of the United States and around

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<v Speaker 2>the world. But I think gold and silver have basically

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<v Speaker 2>remained the same. I mean they have the stable coin

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<v Speaker 2>gold than we did. They're the real stable coin, the

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<v Speaker 2>real stable coin.

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<v Speaker 1>Yeah.

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<v Speaker 2>Well, there's a lot happening with gold in this monetary reset,

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<v Speaker 2>and it is interesting to watch. Something I've been curious.

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<v Speaker 2>You always followed the gold silver ratios, and today it's

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<v Speaker 2>about I think it's about eighty eight ounces of silver

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<v Speaker 2>to make one ounce of gold. But I started running

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<v Speaker 2>the gold to bitcoin ratios and that's been an interesting metric.

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<v Speaker 2>If you actually go back to the end of twenty

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<v Speaker 2>twenty four, it took about forty ounces of gold to

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<v Speaker 2>make one bitcoin, and now it takes thirty one point one,

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<v Speaker 2>so's there's a bit of big leap in gold. Even

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<v Speaker 2>though bitcoin was one hundred thousand in twenty to twenty four,

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<v Speaker 2>at the end of twenty four it broke one hundred

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<v Speaker 2>thousand and then went to about one hundred and twenty thousand,

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<v Speaker 2>I believe around the Trump inaugural. But it's been trading

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<v Speaker 2>sideways and chopping sideways a lot, most likely through the

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<v Speaker 2>last few months. And you see gold continuing to just rise,

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<v Speaker 2>and it's rising on mostly uncertainty, it's rising on central

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<v Speaker 2>bank accumulation, and it's rising on the expected rate cut.

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<v Speaker 1>Yes, and it's kind of interesting that even El Salvador,

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<v Speaker 1>which had moved over strongly to bitcoin, their central bank

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<v Speaker 1>has started accumulating gold for the first time. So I

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<v Speaker 1>guess the people that named the country after Jesus have

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<v Speaker 1>decided to start saving some real money gold. But it's

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<v Speaker 1>kind of interesting to see that happening. And see even

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<v Speaker 1>some of the stable coin people are talking about we're

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<v Speaker 1>going to set up a fun here that's going to

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<v Speaker 1>be bitcoin, but we're going to start accumulating gold for insurance.

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<v Speaker 1>So you got some bitcoin people who are accumulating gold

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<v Speaker 1>for insurance as well.

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<v Speaker 2>That's correct. And Tether, I believe, has actually gone into

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<v Speaker 2>backing some of the gold mining operations. They're putting into

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<v Speaker 2>the basis of infrastructure for gold. It's a really interesting time.

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<v Speaker 2>I remember the interview I did with Alan Arrera, and

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<v Speaker 2>I mentioned this last week. He wrote a history of gold,

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<v Speaker 2>but I was thinking about that this morning. There was

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<v Speaker 2>one hundred thousand tons or so accumulated through all of

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<v Speaker 2>history up until about nineteen ninety, and since that time,

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<v Speaker 2>we've put another one hundred thousand tons into circulation of mining.

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<v Speaker 2>We've mined that much more gold and the price is

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<v Speaker 2>where it is still. So I think this is because

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<v Speaker 2>we've got a lot of fiscal uncertainty, have been so

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<v Speaker 2>much debasement of fiat currency. It's hard to tell exactly

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<v Speaker 2>what the true price of gold is, but I don't

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<v Speaker 2>think we're anywhere near it right nowadays. Yeah.

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<v Speaker 1>Yeah, And of course they just had the Producer of

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<v Speaker 1>Price Index come out and it showed inflation was higher

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<v Speaker 1>than they had thought, but that didn't really move gold

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<v Speaker 1>all that much. A little bit. But the thing that

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<v Speaker 1>really moved it this week was when they saw this

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<v Speaker 1>massive record fake jobs report. I guess, you know, along

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<v Speaker 1>with their fiat currency, they have fiat jobs, things that

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<v Speaker 1>don't really exist that they just make up out of

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<v Speaker 1>thin air. And that had been happening throughout the Biden

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<v Speaker 1>administration last year or so, and now they're having a

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<v Speaker 1>reckoning as they start to try to backfill and remove

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<v Speaker 1>these fake jobs that they put in there to try

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<v Speaker 1>to pump him up and make them look good. And

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<v Speaker 1>so that was one of the things that set gold off.

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<v Speaker 1>But it's also I think the unrest that we're seeing,

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<v Speaker 1>you know, the attempts to escalate, attempts to drag everybody

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<v Speaker 1>in to World War three that we see, it's always

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<v Speaker 1>all of these different things have always moved to help

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<v Speaker 1>gold because gold can be simple. It can be something

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<v Speaker 1>that you have physical custody of. It doesn't even require

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<v Speaker 1>for the infrastructure of the internet being there.

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<v Speaker 2>And I think we make a mistake we look at

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<v Speaker 2>the price of commodities. We think that they're priced into

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<v Speaker 2>the metrics of all things financial globally, and they're just not.

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<v Speaker 2>I mean, if you look at the supposed wealth of

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<v Speaker 2>the world and all the transaction is what's held, it's

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<v Speaker 2>about five hundred trillion. The market cap for gold, I

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<v Speaker 2>believe is about twenty trillion. I think silver is about

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<v Speaker 2>two trillion something like that, And so it's relatively nothing

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<v Speaker 2>compared to all of the financial products and all of

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<v Speaker 2>the seeming you know, what is you know, presented as

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<v Speaker 2>wealth or value around the world. I think we're just

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<v Speaker 2>on the edge of something really historic. David. And you know,

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<v Speaker 2>I'm sure you know we've heard this before because they

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<v Speaker 2>call it a great reset. But financially everything that in

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<v Speaker 2>the United States, we just hear about these you know,

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<v Speaker 2>a few stocks who hear about Navidia. You hear about

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<v Speaker 2>things like that the fang stocks, but the most of

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<v Speaker 2>the stocks they're just kind of dead to people. They chop,

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<v Speaker 2>they move sideways, they don't go anywhere. Yeah, it's we

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<v Speaker 2>have a different metric of wealth here, and I think

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<v Speaker 2>this is because of the changes that are on the horizon.

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<v Speaker 2>The monetary changes are so massive. I think that's what's

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<v Speaker 2>happening is seeing the prices of gold and silver and

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<v Speaker 2>for a lesser extent, bitcoin right now. I think that

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<v Speaker 2>has a lot to do with the uncertainty around the

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<v Speaker 2>world in adoption. I think that's why bitcoin's kind of

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<v Speaker 2>just sitting there not doing anything.

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<v Speaker 1>Yeah, everybody is looking for something that is real and authentic,

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<v Speaker 1>because you point out, you know, we have this paper

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<v Speaker 1>wealth that is astronomical, and gold is a teeny tiny

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<v Speaker 1>sign of that. And I think people are looking at

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<v Speaker 1>all these fiat currencies and all these different manipulations they

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<v Speaker 1>are being done by governments, and they're looking to fall

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<v Speaker 1>back on something that's real. And I think that's one

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<v Speaker 1>of the reasons why this nonsense from the Bureau of

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<v Speaker 1>Labor Statistics the BLS was such obvious. BS. That's one

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<v Speaker 1>of the things that really kicked off gold. It's like

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<v Speaker 1>you know, what is reel out here? Do we have

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<v Speaker 1>anything that's real?

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<v Speaker 2>Well, that's going to be the big question after all

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<v Speaker 2>these years, after nineteen seventy one, is what is real

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<v Speaker 2>At the end of the end of the day, We've

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<v Speaker 2>had so much fake thrown at us, and you know,

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<v Speaker 2>we have these booms and busts, and a lot of

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<v Speaker 2>them are manufactured, and now the bubble has gotten so big.

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<v Speaker 2>If you go back through monetary history, like I like

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<v Speaker 2>to do, you know, if you go back to some

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<v Speaker 2>of the earlier panics, like the panic of nineteen oh seven,

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<v Speaker 2>that we had natural market forces were allowed to come

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<v Speaker 2>in and everything was corrected, so it was a longer

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<v Speaker 2>period between boom and bus cycles and it wasn't as large.

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<v Speaker 2>But when you artificially prop them up like we did

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<v Speaker 2>with the Great Financial Crisis of two thousand and eight

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<v Speaker 2>two thousand and nine, which was really unpressent. We never

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<v Speaker 2>really done anything like that before, where the government, you know,

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<v Speaker 2>putting pressure on the central bank, created you know, trillions

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<v Speaker 2>out of thin air to prop up banks that were

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<v Speaker 2>too big to fail or jail and the consequences of

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<v Speaker 2>that are still not felt. There's zombie corporations. I've talked

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<v Speaker 2>about this many times and stuff zombie corporations that are

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<v Speaker 2>in effect propped up.

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<v Speaker 1>Well still maybe in the back of a lot of

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<v Speaker 1>people's minds, It certainly is in the back of my mind.

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<v Speaker 1>I mean, if they can, if they can blow up

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<v Speaker 1>real estate by using tokenization, securitization and fake financial instruments,

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<v Speaker 1>then you know, you want to physically hold something that

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<v Speaker 1>is real, like gold and silver. And I think that

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<v Speaker 1>it's a lot of people got to be thinking about

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<v Speaker 1>it in the back of their mind, like, you know, hey,

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<v Speaker 1>look at what they were able to do with real estate.

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<v Speaker 1>We need to get something that's real.

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<v Speaker 2>Well, that's right, And then real estate in and of itself,

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<v Speaker 2>I think is an open question of how secure that is.

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<v Speaker 2>How much of a bubble is that right now because

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<v Speaker 2>of the interest rates, and that's the attempt is going

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<v Speaker 2>to be to cut it by twenty five basis points

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<v Speaker 2>coming up to see if it can fuel the economy

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<v Speaker 2>because we need that debt creation. I mean, as long

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<v Speaker 2>as there's currency creation and debt creation, then it seemingly

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<v Speaker 2>is a healthy economy. But that's a foundation built on sand,

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<v Speaker 2>as we know, and the looming financial disaster. I think

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<v Speaker 2>that it's out there, and I'm not just being pessimistic

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<v Speaker 2>for the sake of it. I think that that's just

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<v Speaker 2>the data. I mean, look at the debt explosion we

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<v Speaker 2>were talking about September eleventh. And I'm speaking today, by

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<v Speaker 2>the way, I got my show next, but I'm gonna

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<v Speaker 2>I got invited to speak at the Rotary Club here

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<v Speaker 2>in Dennis and Texas for about thirty minutes.

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<v Speaker 3>I told my can I talk about nine to eleven

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<v Speaker 3>and we're going to have I think some people are

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<v Speaker 3>going to I'm not going to go full tilt onto them,

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<v Speaker 3>but we're going to talk about things like Building said,

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<v Speaker 3>and we're going to talk.

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<v Speaker 2>About some of the mysteries of nine to eleven, and

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<v Speaker 2>maybe even talk about some of the the shorts that

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<v Speaker 2>were put onto you know, the short sales and the

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<v Speaker 2>puts that were put onto airline stocks by affiliates of

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<v Speaker 2>Deutsche Bank who had ties to intelligence. We could we'll

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<v Speaker 2>talk a little bit about that today. But yeah, it's

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<v Speaker 2>it's you know, since two thousand and one, David, we've

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<v Speaker 2>I think that I looked up the debt of the

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<v Speaker 2>US in two thousand and one and September eleventh, it

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<v Speaker 2>was around five point five trillion, and as we stand today,

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<v Speaker 2>we're at thirty seven plus trillion dollars. These are metrics

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<v Speaker 2>that you know, these are unsustainable things, and you know

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<v Speaker 2>the debt to GDP ratio, and now clearly the the

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<v Speaker 2>answer here, I think is to invadel. We have to

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<v Speaker 2>do that because everything will everything will be fine. It's

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<v Speaker 2>a national security issue, ladies and gentlemen. Nights.

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<v Speaker 1>Really they're having a boil that they could set up

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<v Speaker 1>their own petro dollar without Saudi Arabia. If they went

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<v Speaker 1>into Venezuela, they got more, right, more oil than Saudi Arabia.

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<v Speaker 2>That that's that's the issue with Venezuela's is not it's

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<v Speaker 2>so ridiculous that it's not the cartels, it's not any

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<v Speaker 2>of that. It's uh, it's it's the it's a grotesque

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<v Speaker 2>version of the Monroe doctrine in some way unfortunately, and

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<v Speaker 2>that but yeah, we're not we're not working on any

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<v Speaker 2>of the things that would actually make this economy healthy. David.

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<v Speaker 2>I mean, we've got you've seen some of these people,

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<v Speaker 2>and I know you've played some of this, but some

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<v Speaker 2>of these folks, these uh operators that are trying to

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<v Speaker 2>figure out what to do about tariffs and how to

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<v Speaker 2>get their products in and having to shut down and

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<v Speaker 2>they're firing people and all the rest that's happening because

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<v Speaker 2>of the tariffs and uncertainty. Uh, this is not a

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<v Speaker 2>game that's gonna turn out well for the people of

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<v Speaker 2>the United States, unfortunately. And I and and the sad

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<v Speaker 2>part about it is I agree with the concept of

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<v Speaker 2>tariffs up until now.

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<v Speaker 1>From Yeah, it's the sort of thing where actually there

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<v Speaker 1>was a good article on Mesus and I'll cover it

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<v Speaker 1>later where they said Trump is portraying tariffs something that's

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<v Speaker 1>going to make us wealthy. But they said, however, if

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<v Speaker 1>you look at this historically, the countries that have high

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<v Speaker 1>tariffs are the poorest in the world, and the ones

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<v Speaker 1>that had a low tariffs or the richest in the world.

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<v Speaker 1>And so it is not looking like it's going to

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<v Speaker 1>build prosperity. And of course then it also begs the

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<v Speaker 1>question which they don't really address, and that is we've

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<v Speaker 1>always been told by Democrats that we can tax and

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<v Speaker 1>spend our way to prosperity. And that's basically what Trump,

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<v Speaker 1>a Democrat, is telling us now, that we can tax

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<v Speaker 1>and spend our way to prosperity. And yet that is

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<v Speaker 1>not the case. It is exactly the opposite. But before

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<v Speaker 1>we get away from the metals, silver you were talking

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<v Speaker 1>about still has the ratio of about eighty or so

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<v Speaker 1>to gold. And one of the interesting things I thought

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<v Speaker 1>was the fact that as everybody got concerned about Trump

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<v Speaker 1>putting on tariffs with gold, especially because of his war

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<v Speaker 1>with Switzerland that he wanted to get into. This is

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<v Speaker 1>the capricious and arbitrary nature of what Trump is doing.

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<v Speaker 1>If he doesn't like a country, he threatens them with TIFFs,

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<v Speaker 1>and this is one of the reasons why he should

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<v Speaker 1>not have that power. Hopefully the courts are going to

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<v Speaker 1>take it away. He's already lost twice with that. But

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<v Speaker 1>people are saying, well, if he's going to put tariff

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<v Speaker 1>on gold, they started getting concerned about that. He came

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<v Speaker 1>out and explicitly said there will be no tariff on

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<v Speaker 1>gold and a couple of other precious metals, but he

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<v Speaker 1>left out silver. Do you read anything into that. He

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<v Speaker 1>didn't say they wouldn't tariff at silver.

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<v Speaker 2>That's interesting, and they may have to do somewhat with it,

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<v Speaker 2>maybe indirectly with what we saw Russia do. Adding silver

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<v Speaker 2>as a strategic reserve asset and accumulating silver. Other governments,

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<v Speaker 2>I believe under the radar are also doing that, maybe

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<v Speaker 2>even in the bricks periphery, and I think that's what's

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<v Speaker 2>driving the price. I think a lot of the contracts

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<v Speaker 2>and some of the other papered over silver markets are

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<v Speaker 2>really getting strained right now. And I just did the

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<v Speaker 2>calculation while you were talking. I just wanted to make sure.

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<v Speaker 2>But it's eighty eight. It's eighty eight ounces of silver

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<v Speaker 2>to make one ounce of gold. And it was interesting

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<v Speaker 2>about as we've seen gold continue march towards another all

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<v Speaker 2>time high, and we just hit another all time high

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<v Speaker 2>a few days ago, you wondered if gold, if silver

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<v Speaker 2>was going to keep up with gold. I mean, if

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<v Speaker 2>you go back to the first quarter of the plandemic,

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<v Speaker 2>after we had this massive stock market rally and then

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<v Speaker 2>had the lowest you know, we had the lowest day

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<v Speaker 2>on Wall Street, biggest crash since twenty nine. I remember

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<v Speaker 2>the gold silver ratio at one time David was one

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<v Speaker 2>hundred and twenty five to Wow. So it's because silver

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<v Speaker 2>really crashed. I mean it went down to I mean

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<v Speaker 2>on the spot levels it was under fifteen dollars. I

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<v Speaker 2>think it was like around thirteen dollars an ounce at

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<v Speaker 2>one time. Now you couldn't buy it anywhere for that.

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<v Speaker 2>No one's going to sell it at thirteen, but it

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<v Speaker 2>was it had crashed that hard and if we've slowly

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<v Speaker 2>seen it build back. But I think this is starting

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<v Speaker 2>to break away and go back. So historically it's been

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<v Speaker 2>you know, even as low as ten to one, but

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<v Speaker 2>that's generally twenty to one to forty to one somewhere

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<v Speaker 2>in there, and we lost that balance post nineteen thirty three.

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<v Speaker 2>I think those things are going to start resetting, especially

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<v Speaker 2>as governments like the Government of Russia gets in on

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<v Speaker 2>the silver game. Interesting enough, the Swiss were the last

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<v Speaker 2>people to the last country to officially go into a

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<v Speaker 2>fiat currency post nineteen seventy one. That they went into

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<v Speaker 2>a total fiat in two thousand and two, and at

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<v Speaker 2>that time they have had a silver standard for their currency.

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<v Speaker 2>That might also be an underlying issue with with the

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<v Speaker 2>Swiss and silver. That's the silver still a monetary metal.

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<v Speaker 2>It's just gold gets all the big headlines. It's easier

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<v Speaker 2>to move, you know that. It's I think at the

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<v Speaker 2>end of the day, it's always known as money, but

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<v Speaker 2>silver does it just right there underneath it as a

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<v Speaker 2>monetary metal, not just an industrial metal, and it probably

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<v Speaker 2>will reclaim that. As a matter of fact, the word

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<v Speaker 2>rupie for the Indian currency is from the from the

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<v Speaker 2>root word rupio, which means silver.

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<v Speaker 1>Interesting, so, as you're pointing out the ratio between gold

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<v Speaker 1>and silver, gold is up like what thirty four thirty

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<v Speaker 1>seven percent or something this year. So has silver gone

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<v Speaker 1>up that much?

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<v Speaker 2>Yes, same, Yeah, it's followed it. That's because that's what

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<v Speaker 2>I was saying. The interesting thing is the gold silver ratio,

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<v Speaker 2>as we've been discussing, one time silver was thirty five

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<v Speaker 2>dollars an ounce and gold was thirty five hundred. So

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<v Speaker 2>it's one hundred to one, and that's been in the

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<v Speaker 2>last ninety to one hundred and twenty days. But we're

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<v Speaker 2>starting to slowly see everything starting to repurpose and reset

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<v Speaker 2>itself back to that, you know, eighty something to one ratio,

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<v Speaker 2>even if as gold climbs.

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<v Speaker 1>Interesting, well, it's you know, when we look at this

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<v Speaker 1>going forward, the war that Trump's got going with the

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<v Speaker 1>Federal Reserve, there's another issue there. It looks like he's

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<v Speaker 1>going to get his way, even though the court has

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<v Speaker 1>blocked him being able to fire Lisa Cook as governor.

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<v Speaker 1>I think what she did was wrong, it was criminal.

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<v Speaker 1>But the other aspects of this I thought were kind

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<v Speaker 1>of alarming was how Polty went through and did a

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<v Speaker 1>Stalin esque investigation with artificial intelligence. It's very much like

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<v Speaker 1>bring me the man, I'll find the crime. And so

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<v Speaker 1>you know, he's bragging about the fact that he's got

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<v Speaker 1>artificial intelligence. They can go back and sort through somebody's

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<v Speaker 1>economic history and find anything, any technicality that they can

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<v Speaker 1>hit him on. And she did violate the law. She

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<v Speaker 1>did rely on her mortgage applications. But the way that

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<v Speaker 1>they caught her is very concerning, and because they will

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<v Speaker 1>use it against other people, I think. But it's also

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<v Speaker 1>the fact that it is a whether or not he

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<v Speaker 1>is able to get her out. He is deliberately trying

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<v Speaker 1>to intimidate people to following his desired economic direction. Lowering

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<v Speaker 1>interest rates, which is going to help gold, is going

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<v Speaker 1>to hurt us with inflation, but it is going to

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<v Speaker 1>help the price of gold significantly. Do you think they're

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<v Speaker 1>going to do Most of the people are saying twenty

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<v Speaker 1>five basis points, about a quarter of a point that

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<v Speaker 1>they're going to lower rates. Some people are saying half

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<v Speaker 1>a point. But the bottom line is is that Trump

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<v Speaker 1>is going to get his way. Dryl clenty said, Trump

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<v Speaker 1>is great gold who was last time because he pushes

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<v Speaker 1>inflation and easy money policies. It looks like he's going

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<v Speaker 1>to get his way with that as well. What do

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<v Speaker 1>you think.

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<v Speaker 2>I think he's going to get his way. I would

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<v Speaker 2>lean towards twenty five basis points at least. I don't

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<v Speaker 2>think there's going to be a fifty basis points cut

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<v Speaker 2>right off the bat, but I do think it'll be

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<v Speaker 2>followed by several other cuts. I mean, I think they'll

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<v Speaker 2>go all the way into the midterms, into next year.

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<v Speaker 2>That'll be the trend, and you'll start to see some

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<v Speaker 2>of the same language float around again, and the Wall

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<v Speaker 2>Street will be back. It'll look like everything's great for

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<v Speaker 2>a while, and then you get into every time we

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<v Speaker 2>do this, every time we create these bubbles, we're just

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<v Speaker 2>setting ourselves up for the bigger downturn. And as you've

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<v Speaker 2>noticed throughout the years, there's not much room to run anymore.

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<v Speaker 2>I mean, we've been able to bail ourselves out by

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<v Speaker 2>currency creation and lower interest rates. But if you keep lowering,

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<v Speaker 2>if you get them back down to the COVID nineteen

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<v Speaker 2>eighty four levels. Where do you go from there? And

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<v Speaker 2>I think that's probably where we're headed, is just massive

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<v Speaker 2>currency printing, money printing, expansion of the dollar, the M

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<v Speaker 2>two supply. I think we'll do that. Inflation will continue

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<v Speaker 2>to be a major issue, eating away at the savings

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<v Speaker 2>of the American people and hurting the world. I think

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<v Speaker 2>this is without sound money policies, we're just going to

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<v Speaker 2>be continuing to debase and devalue our own financial system.

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<v Speaker 2>And that's why things like gold are important. Silver is important,

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<v Speaker 2>and anything that cannot be reprinted, which is that's only

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<v Speaker 2>a few things. That's commodities. Basically, at the end of

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<v Speaker 2>the day, it's things that are rare and things that

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<v Speaker 2>take work to get out of the earth or to manufacturers.

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<v Speaker 2>So I think we're the same policies, same things over

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<v Speaker 2>and over again. Cheap money is on the horizon, which

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<v Speaker 2>means expensive gold.

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<v Speaker 1>That's right. Yeah, what we're looking at the fundamentals is

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<v Speaker 1>you and I pointed out this isn't about trends that

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<v Speaker 1>we're looking at in terms of past history of different things,

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<v Speaker 1>as much as it is we see the instability geopolitically, financially,

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<v Speaker 1>all these other things, and then this time there's something

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<v Speaker 1>brand new on the horizon, and that is the desire

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<v Speaker 1>of these people to have a CBDC, which now they

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<v Speaker 1>are using the trojan horse of the Genius Act to

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<v Speaker 1>try to set up these stable coins which will still

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<v Speaker 1>give them complete ability to track and to prevent transactions

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<v Speaker 1>from happening financially. And you've got a Senator Keith Kelly

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<v Speaker 1>of Alabama is warning people that the Genius Act is

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<v Speaker 1>going to harm small banks. I say it'd be more

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<v Speaker 1>than a harm. It's going to destroy them. Eric Trump

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<v Speaker 1>has said, and he made this pronouncement at I think

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<v Speaker 1>maybe they were in Dubai or something, and he was

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<v Speaker 1>talking about how banks were going to go away within

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<v Speaker 1>ten years and it was all going to be stable coins,

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<v Speaker 1>because that's what the Trump family is angling for with

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<v Speaker 1>Liutnik and tether and things like that. And what happens

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<v Speaker 1>when we lose the small banks, Tony, it seems to

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<v Speaker 1>me like we lose cash.

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<v Speaker 2>We will lose cash. Yeah, on a long enough timeline,

401
00:22:20.039 --> 00:22:22.680
<v Speaker 2>I think you do lose cash. That is a big danger.

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<v Speaker 2>We're not there yet, I don't think you know, we've

403
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<v Speaker 2>I think the success of pushing pushing back against a

404
00:22:30.160 --> 00:22:33.000
<v Speaker 2>central bank digital currency and the short term has been

405
00:22:33.039 --> 00:22:36.079
<v Speaker 2>successful because they no longer have the same plans that

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<v Speaker 2>they had, you know, five years ago for a central

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<v Speaker 2>bank digital currency. But you're right, it's morphed. And what

408
00:22:43.799 --> 00:22:47.640
<v Speaker 2>did Zigduberzinski say in run around sovereignty, they're doing it

409
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<v Speaker 2>in run around the pushback on CBDC. They regrouped the

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<v Speaker 2>rebrandable coin issue.

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<v Speaker 1>Yeah, they regrouped them, they rebranded it, called it the

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<v Speaker 1>Genius Act.

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<v Speaker 2>And also, David, I think there's a there's something to

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<v Speaker 2>the stable coins and what happens to the dollar, like

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<v Speaker 2>the the next iteration of the dollar. I think that's

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<v Speaker 2>important with the with the stable coins because we all,

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<v Speaker 2>all of us had watched things like the Petro dollar

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<v Speaker 2>die in the last year that's been That was a

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<v Speaker 2>bizarre turn of events that you know, we didn't even

420
00:23:23.599 --> 00:23:27.839
<v Speaker 2>try to save We didn't try to save the petro dollar,

421
00:23:27.839 --> 00:23:29.920
<v Speaker 2>that fifty year agreement that we had with the Saudi's.

422
00:23:29.960 --> 00:23:32.680
<v Speaker 2>It just lapped in the summer of twenty twenty four

423
00:23:33.200 --> 00:23:35.319
<v Speaker 2>and with that without anything, and I thought, well, that's

424
00:23:35.400 --> 00:23:38.119
<v Speaker 2>very strange. Yeah, Well, if you look at what they're

425
00:23:38.440 --> 00:23:41.200
<v Speaker 2>trying to do with these off ramps on ramps for

426
00:23:42.640 --> 00:23:46.960
<v Speaker 2>stable coins. It makes it really easy to trade internationally

427
00:23:47.279 --> 00:23:50.200
<v Speaker 2>with the dollar. Stable coins. It's another it's like a

428
00:23:50.400 --> 00:23:54.720
<v Speaker 2>rebirth of the dollar, a reimagining of the dollar itself.

429
00:23:54.839 --> 00:23:57.519
<v Speaker 2>At least that's what I'm seeing kind of on the

430
00:23:57.559 --> 00:24:00.400
<v Speaker 2>horizon for the future of the doll are in the

431
00:24:00.400 --> 00:24:01.400
<v Speaker 2>monetary system.

432
00:24:01.759 --> 00:24:05.680
<v Speaker 1>Yeah, I think they basically, you know, Lutnik can be

433
00:24:05.799 --> 00:24:09.240
<v Speaker 1>the big customer of the Federal Reserve bonds and notes,

434
00:24:09.920 --> 00:24:12.559
<v Speaker 1>and then they can through the stable coin thing, they

435
00:24:12.559 --> 00:24:15.559
<v Speaker 1>can go to retail instead of trying to sell it

436
00:24:15.559 --> 00:24:17.960
<v Speaker 1>to central banks who don't want to play that game anymore.

437
00:24:18.799 --> 00:24:23.799
<v Speaker 1>They can offer the stable coin to individuals in other countries.

438
00:24:24.000 --> 00:24:26.559
<v Speaker 1>And I think that's the direction that they're going to go.

439
00:24:26.559 --> 00:24:28.200
<v Speaker 1>They're going to try to prop up the dollar with

440
00:24:28.240 --> 00:24:29.000
<v Speaker 1>the stable coin.

441
00:24:30.839 --> 00:24:34.640
<v Speaker 2>Yeah, I agree. I think that's the danger there is

442
00:24:35.440 --> 00:24:38.799
<v Speaker 2>the dollar becomes stable coins. It's purpose that way is

443
00:24:38.799 --> 00:24:42.960
<v Speaker 2>that we become a digitized system on the blockchain, and

444
00:24:43.039 --> 00:24:46.119
<v Speaker 2>that's where you get into the dangers of the surveillance state,

445
00:24:46.200 --> 00:24:51.480
<v Speaker 2>and you know, the surveillance disguised as money. As Catherine

446
00:24:51.480 --> 00:24:52.799
<v Speaker 2>Austin fitz would say.

447
00:24:52.799 --> 00:24:55.480
<v Speaker 4>I think a lot of people are sensing the threats

448
00:24:55.519 --> 00:24:56.599
<v Speaker 4>that are out there to the dollar.

449
00:24:56.720 --> 00:24:56.880
<v Speaker 2>Now.

450
00:24:56.960 --> 00:24:58.880
<v Speaker 4>I mean, when you look at it, it seems like

451
00:24:59.440 --> 00:25:03.640
<v Speaker 4>gold rowse about fifty percent across all of Trump's previous

452
00:25:03.759 --> 00:25:06.960
<v Speaker 4>four years, and right now, in the eight months since

453
00:25:06.960 --> 00:25:10.960
<v Speaker 4>he's taken office, it's rosen almost forty percent already. So

454
00:25:11.000 --> 00:25:14.079
<v Speaker 4>people are looking at this and saying something's wrong with

455
00:25:14.160 --> 00:25:18.000
<v Speaker 4>the dollar. And anytime the dollar is unstable, anytime it's weak,

456
00:25:18.200 --> 00:25:21.640
<v Speaker 4>gold goes through the roof. And with the fact that

457
00:25:21.640 --> 00:25:24.480
<v Speaker 4>we've already almost hit what he accomplished in his previous

458
00:25:24.519 --> 00:25:27.440
<v Speaker 4>four years, shows that there is a lot of stuff happening.

459
00:25:27.599 --> 00:25:30.240
<v Speaker 1>Yeah, he loves gold. He wants everything made out of gold.

460
00:25:32.400 --> 00:25:34.680
<v Speaker 4>Maybe that's why he's just buying it all up. We're

461
00:25:34.680 --> 00:25:36.680
<v Speaker 4>gonna have one day he's going to unveil the White

462
00:25:36.680 --> 00:25:38.359
<v Speaker 4>House and it's going to be gold plated.

463
00:25:38.480 --> 00:25:40.880
<v Speaker 1>We'll find he's the biggest customer, not the Central Bikes

464
00:25:41.240 --> 00:25:42.160
<v Speaker 1>in China or whatever.

465
00:25:42.240 --> 00:25:44.240
<v Speaker 4>So the White House is nice, but now it's gold.

466
00:25:44.240 --> 00:25:44.960
<v Speaker 2>It's better gold.

467
00:25:45.480 --> 00:25:49.839
<v Speaker 1>Actually, he's getting into crypto. That's really his family is becoming, uh,

468
00:25:50.200 --> 00:25:52.559
<v Speaker 1>getting all their money into crypto. But you know this

469
00:25:52.640 --> 00:25:57.880
<v Speaker 1>headline from the UK on expos UK Government's digital wallet

470
00:25:58.359 --> 00:26:02.839
<v Speaker 1>plus a digital ID is the digital prison. And I

471
00:26:02.880 --> 00:26:04.920
<v Speaker 1>think that's the bottom line to me. You know, we've

472
00:26:05.440 --> 00:26:07.920
<v Speaker 1>we've had situations in the past and people, you know,

473
00:26:07.960 --> 00:26:11.000
<v Speaker 1>if you look at gold as an investment, you know,

474
00:26:11.039 --> 00:26:13.160
<v Speaker 1>you can look at past history and trends and things

475
00:26:13.200 --> 00:26:15.119
<v Speaker 1>like that and try to buy it as a commodity,

476
00:26:15.559 --> 00:26:17.559
<v Speaker 1>or people look at it as a hedge against the

477
00:26:17.599 --> 00:26:20.160
<v Speaker 1>collapse of the dollar. But I see it as a

478
00:26:20.200 --> 00:26:24.640
<v Speaker 1>hedge against the collapse of civilization and privacy and all

479
00:26:24.640 --> 00:26:26.599
<v Speaker 1>the rest of this stuff, because I know how they're

480
00:26:26.640 --> 00:26:30.119
<v Speaker 1>going to use this genius act stable coin. They're going

481
00:26:30.160 --> 00:26:33.319
<v Speaker 1>to use it exactly like a CBDC. It's got all

482
00:26:33.319 --> 00:26:36.960
<v Speaker 1>the worst features of a CBDC, but they've rebranded it

483
00:26:37.000 --> 00:26:39.279
<v Speaker 1>to make you think that it's fine. And they've rebranded

484
00:26:39.319 --> 00:26:42.519
<v Speaker 1>it so that they make the money, not the Federal Reserve.

485
00:26:42.599 --> 00:26:44.079
<v Speaker 1>You know, it's going to be the Trump family and

486
00:26:44.200 --> 00:26:46.039
<v Speaker 1>Lutnik who's going to make the money off of this

487
00:26:46.160 --> 00:26:49.400
<v Speaker 1>kind of stuff. It's not going to be a powering company.

488
00:26:50.279 --> 00:26:54.920
<v Speaker 2>I guess, well, you're right, And is it possible that

489
00:26:55.000 --> 00:26:58.200
<v Speaker 2>the Federal Reserve itself releast that the creature from Jekyl

490
00:26:58.240 --> 00:27:00.759
<v Speaker 2>Island is on the chopping block and the fourth turning.

491
00:27:00.839 --> 00:27:03.519
<v Speaker 2>Is it one of the institutions that gets repurposed? And

492
00:27:04.279 --> 00:27:07.000
<v Speaker 2>is there some creative destruction that's going on right now?

493
00:27:07.039 --> 00:27:08.640
<v Speaker 2>And of course it's a game that you know, it's

494
00:27:08.680 --> 00:27:10.160
<v Speaker 2>a big club and you ain't in it. It's not

495
00:27:10.200 --> 00:27:12.440
<v Speaker 2>like we've been a fit at any any level. But

496
00:27:12.559 --> 00:27:16.160
<v Speaker 2>is there some warring faction of the banking houses or

497
00:27:16.279 --> 00:27:20.400
<v Speaker 2>establishment or dynastic families that decided to do something different

498
00:27:20.440 --> 00:27:23.319
<v Speaker 2>and change the system itself? Is it no longer suits them?

499
00:27:23.359 --> 00:27:25.799
<v Speaker 2>I mean, somebody's going to have to pay the bill.

500
00:27:26.599 --> 00:27:30.079
<v Speaker 2>Think about the damage that's been done by the Federal

501
00:27:30.119 --> 00:27:32.839
<v Speaker 2>Reserve Bank. Think about what the Central Bank has done

502
00:27:32.880 --> 00:27:36.240
<v Speaker 2>to the United States too, are to our monetary system

503
00:27:36.240 --> 00:27:37.720
<v Speaker 2>that we used to have a system as good as

504
00:27:37.759 --> 00:27:40.200
<v Speaker 2>gold and we used to be the world's greatest creditor.

505
00:27:40.240 --> 00:27:44.000
<v Speaker 2>There's the majority of the blame lies at the feed

506
00:27:44.119 --> 00:27:47.559
<v Speaker 2>of the one institution that was supposed to regulate and

507
00:27:47.599 --> 00:27:51.880
<v Speaker 2>control and keep boom and bus cycles from happening. All

508
00:27:51.920 --> 00:27:53.680
<v Speaker 2>that stuff happened on their watch. As a matter of fact,

509
00:27:53.720 --> 00:27:57.759
<v Speaker 2>it's lost ninety nine percent of its purchasing power since

510
00:27:57.799 --> 00:28:01.400
<v Speaker 2>they assumed the helm of the charge of the monetary policy.

511
00:28:01.480 --> 00:28:04.160
<v Speaker 2>So I think that maybe that's just a way of

512
00:28:05.599 --> 00:28:09.079
<v Speaker 2>getting rid of it. Always need a crisis to precipitate

513
00:28:10.119 --> 00:28:11.960
<v Speaker 2>the changes as they want, that's.

514
00:28:11.880 --> 00:28:14.359
<v Speaker 1>Right, And then what do we replace it with? To

515
00:28:14.440 --> 00:28:17.799
<v Speaker 1>replace the Federal Reserve as bad as it is, with

516
00:28:18.000 --> 00:28:22.160
<v Speaker 1>one individual who's just going to dictate everything, you know,

517
00:28:22.240 --> 00:28:24.440
<v Speaker 1>that's the key thing we're going to have. You know,

518
00:28:24.440 --> 00:28:26.440
<v Speaker 1>we've got a fiat currency, so I guess we should

519
00:28:26.480 --> 00:28:32.079
<v Speaker 1>have a fiat dictator who's going to have singular individual

520
00:28:32.160 --> 00:28:36.680
<v Speaker 1>who's going to decide how everything the monetary policy, how

521
00:28:36.720 --> 00:28:39.279
<v Speaker 1>much is going to be there, and interest rates and

522
00:28:39.279 --> 00:28:40.960
<v Speaker 1>all the rest of these things that Federal Reserve has

523
00:28:40.960 --> 00:28:45.279
<v Speaker 1>been manipulating. Would have central planning done by somebody who

524
00:28:45.319 --> 00:28:49.960
<v Speaker 1>doesn't seem to plan anything economically. It just reacts, as

525
00:28:49.960 --> 00:28:51.480
<v Speaker 1>we've seen with the tariff stuff.

526
00:28:53.680 --> 00:28:57.519
<v Speaker 2>I definitely think this is a blip. You know, obviously

527
00:28:57.559 --> 00:29:01.319
<v Speaker 2>the Trump administration, this is already you know, he can't

528
00:29:01.359 --> 00:29:03.559
<v Speaker 2>run again. I don't think there will be a continuity

529
00:29:03.599 --> 00:29:07.119
<v Speaker 2>of these same types of policies. So this is probably

530
00:29:07.160 --> 00:29:09.680
<v Speaker 2>an anomaly somewhere, but it does fit into the larger

531
00:29:09.759 --> 00:29:14.400
<v Speaker 2>plan as you mentioned, uh, you know, with with the

532
00:29:14.599 --> 00:29:17.960
<v Speaker 2>with best in the Treasury secretary that ties to stable

533
00:29:17.960 --> 00:29:19.640
<v Speaker 2>coins in the past. I think this is going to

534
00:29:19.640 --> 00:29:22.160
<v Speaker 2>be something that stable coins, crypto a lot of what's

535
00:29:22.200 --> 00:29:24.359
<v Speaker 2>going to be put on the table in the next

536
00:29:24.440 --> 00:29:28.160
<v Speaker 2>three years and it will be implemented and put into

537
00:29:28.200 --> 00:29:32.599
<v Speaker 2>the infrastructure. And it's sad because we don't need you know,

538
00:29:32.599 --> 00:29:34.359
<v Speaker 2>at the end of the day, if if people had

539
00:29:34.519 --> 00:29:38.240
<v Speaker 2>a free market for money, you know, you mentioned the

540
00:29:38.680 --> 00:29:41.960
<v Speaker 2>small banks will be hurt by the stable coins. That's

541
00:29:42.000 --> 00:29:44.440
<v Speaker 2>the exact entities that we would need to step up

542
00:29:44.480 --> 00:29:47.880
<v Speaker 2>and and help us with the free market and have

543
00:29:48.039 --> 00:29:51.960
<v Speaker 2>some real competition, you know, And and I think create

544
00:29:52.000 --> 00:29:56.279
<v Speaker 2>a better, a better way. Decentralized currency is the answer

545
00:29:57.039 --> 00:29:59.880
<v Speaker 2>to a centralized system that it's imploding. And that's a

546
00:30:00.119 --> 00:30:01.440
<v Speaker 2>fortunate that people can't see it.

547
00:30:01.720 --> 00:30:04.000
<v Speaker 1>Everything's going to become more centralized, you know. Instead of

548
00:30:04.039 --> 00:30:06.759
<v Speaker 1>the federal Reserve, you have one individual or a couple

549
00:30:06.759 --> 00:30:09.440
<v Speaker 1>of people in his administration will be making all the

550
00:30:09.480 --> 00:30:13.359
<v Speaker 1>monetary policy. And then instead of a lot of smaller

551
00:30:13.480 --> 00:30:15.759
<v Speaker 1>local banks and some of the competition that comes with that,

552
00:30:16.119 --> 00:30:18.119
<v Speaker 1>you're going to have the too big to fail guys

553
00:30:18.160 --> 00:30:20.519
<v Speaker 1>and too big to jail guys, they'll be the only

554
00:30:20.559 --> 00:30:22.920
<v Speaker 1>ones that you'll be able to get loans from. What's

555
00:30:22.960 --> 00:30:25.440
<v Speaker 1>that going to be like? And then, of course there's

556
00:30:25.480 --> 00:30:27.839
<v Speaker 1>not going to be there's not going to be the

557
00:30:27.880 --> 00:30:30.680
<v Speaker 1>ability to if you're a small business, assuming that there's

558
00:30:30.720 --> 00:30:33.200
<v Speaker 1>any small businesses left, you're not gonna be able to

559
00:30:33.200 --> 00:30:36.559
<v Speaker 1>take the cash that you had at your business and

560
00:30:36.599 --> 00:30:39.640
<v Speaker 1>take it down to the local bank to have it deposited.

561
00:30:39.720 --> 00:30:42.160
<v Speaker 1>You know, that's that's going to be a thing of

562
00:30:42.200 --> 00:30:45.720
<v Speaker 1>the past as well. So it's all of it is

563
00:30:45.759 --> 00:30:50.680
<v Speaker 1>about complete centralization and complete control, and it's going to

564
00:30:50.720 --> 00:30:54.119
<v Speaker 1>be the usual suspects, the giant banks and the government

565
00:30:54.440 --> 00:30:56.880
<v Speaker 1>that are going to exercise complete control over everything. That's

566
00:30:56.880 --> 00:30:59.000
<v Speaker 1>why I say we need to have something that we

567
00:30:59.039 --> 00:31:02.599
<v Speaker 1>can have as a basis for setting up a parallel

568
00:31:02.680 --> 00:31:05.119
<v Speaker 1>economic system that's going to be out of their system.

569
00:31:05.880 --> 00:31:07.799
<v Speaker 1>And that's where gold and silver, I think come in

570
00:31:07.880 --> 00:31:09.039
<v Speaker 1>as a very important thing.

571
00:31:10.319 --> 00:31:12.880
<v Speaker 2>I agree, I think, and I think we're just at

572
00:31:12.880 --> 00:31:15.640
<v Speaker 2>the beginning of the implementation of a lot of those

573
00:31:15.680 --> 00:31:20.839
<v Speaker 2>policies for people to get their hands on precious metals

574
00:31:20.880 --> 00:31:23.119
<v Speaker 2>and start transacting them in them. I think that they

575
00:31:23.119 --> 00:31:25.119
<v Speaker 2>were just at the at the beginning. A lot of

576
00:31:25.200 --> 00:31:29.039
<v Speaker 2>states have made it legal tender. Texas recently just did that.

577
00:31:29.200 --> 00:31:31.680
<v Speaker 2>They have some you know, three year plan or something

578
00:31:31.680 --> 00:31:33.640
<v Speaker 2>to implement where they're going to you'll be able to

579
00:31:33.680 --> 00:31:38.079
<v Speaker 2>store gold and silver in the Texas Depository and then

580
00:31:38.240 --> 00:31:40.079
<v Speaker 2>you know, have a card against it and all that.

581
00:31:40.079 --> 00:31:44.559
<v Speaker 2>That's fine, but it's also the the move there, I

582
00:31:44.559 --> 00:31:47.119
<v Speaker 2>think by the state itself to make gold and silver

583
00:31:47.240 --> 00:31:49.640
<v Speaker 2>legal tender, as well as other states that are working

584
00:31:49.680 --> 00:31:53.839
<v Speaker 2>on it. That's the future. The states and the local

585
00:31:53.880 --> 00:31:58.240
<v Speaker 2>governments are doing, I think a good job at preparing

586
00:31:58.319 --> 00:32:04.920
<v Speaker 2>for a future where the dollars a lot less stable.

587
00:32:06.359 --> 00:32:08.960
<v Speaker 1>I got a question for you, Tony from Wes robertson

588
00:32:09.000 --> 00:32:12.359
<v Speaker 1>four four eight, ask well silver hit one hundred and

589
00:32:12.400 --> 00:32:14.680
<v Speaker 1>fifty to two hundred dollars an ounce in the next

590
00:32:14.839 --> 00:32:16.000
<v Speaker 1>two to three years.

591
00:32:17.279 --> 00:32:20.680
<v Speaker 2>I think two to three years is probably, let's hope

592
00:32:20.720 --> 00:32:23.839
<v Speaker 2>not because if it's hitting that, if it's doing those

593
00:32:23.960 --> 00:32:26.880
<v Speaker 2>kind of numbers, we got some real problems. Yeah, I

594
00:32:26.920 --> 00:32:31.039
<v Speaker 2>think that. I think that we're really poised in this

595
00:32:31.160 --> 00:32:35.960
<v Speaker 2>last quarter of twenty twenty five here to see silver break.

596
00:32:36.000 --> 00:32:38.960
<v Speaker 2>It's finally break it's forty five year all time high.

597
00:32:39.000 --> 00:32:41.839
<v Speaker 2>I think that is a very good mathematical chance that

598
00:32:41.920 --> 00:32:46.480
<v Speaker 2>we'll see silver do something like go to sixty dollars

599
00:32:46.519 --> 00:32:50.400
<v Speaker 2>an ounce. That's real possible, and then you know, going

600
00:32:50.440 --> 00:32:56.200
<v Speaker 2>into twenty twenty six and beyond, you know, it's tough

601
00:32:56.240 --> 00:32:58.319
<v Speaker 2>to say. I think one hundred dollars an ounce silver

602
00:32:58.720 --> 00:33:02.680
<v Speaker 2>is definitely doable in this decade, and that just kind

603
00:33:02.680 --> 00:33:05.400
<v Speaker 2>of depends on what happens geopolitically, if we're in if

604
00:33:05.960 --> 00:33:08.319
<v Speaker 2>you know, there's a lot of ifs there. Yeah, there's

605
00:33:08.359 --> 00:33:09.079
<v Speaker 2>a lot of IFFs.

606
00:33:09.319 --> 00:33:11.720
<v Speaker 1>Yeah, as you said, we'd be into the dollar really

607
00:33:11.799 --> 00:33:15.000
<v Speaker 1>bad straights if it gets that high. As a matter

608
00:33:15.039 --> 00:33:17.559
<v Speaker 1>of fact, there was something on Kitko and it was

609
00:33:17.599 --> 00:33:20.720
<v Speaker 1>a quote from a company that is focused on silver

610
00:33:20.880 --> 00:33:25.000
<v Speaker 1>silver stock investors, and he said he thought that it

611
00:33:25.039 --> 00:33:27.880
<v Speaker 1>could go two hundred dollars an ounce this cycle. So

612
00:33:27.960 --> 00:33:30.799
<v Speaker 1>that's a real bullsh projection, and even he's going to

613
00:33:31.000 --> 00:33:34.160
<v Speaker 1>one hundred dollars and not two hundred or three hundred.

614
00:33:34.799 --> 00:33:37.960
<v Speaker 2>I try to be as conservative as possible because a

615
00:33:37.960 --> 00:33:41.880
<v Speaker 2>lot of people can misconstrue what I say is investment advice.

616
00:33:41.920 --> 00:33:44.519
<v Speaker 2>But also I've found these silver bugs that are always

617
00:33:44.559 --> 00:33:47.079
<v Speaker 2>going around the internet that have all these views that

618
00:33:47.160 --> 00:33:49.119
<v Speaker 2>tell people that silver's going to be you know, one

619
00:33:49.119 --> 00:33:51.640
<v Speaker 2>thousand dollars an ounce and stuff. I never I don't

620
00:33:51.640 --> 00:33:53.960
<v Speaker 2>know what they're basing that off of. And I think

621
00:33:54.000 --> 00:33:57.279
<v Speaker 2>that people get excited and they run off and they

622
00:33:57.279 --> 00:33:59.720
<v Speaker 2>buy whatever products, you know, that they think they're going

623
00:33:59.720 --> 00:34:03.000
<v Speaker 2>to see this massive returns. But I do think that

624
00:34:03.079 --> 00:34:05.799
<v Speaker 2>we're still in an era of cheap silver. And I

625
00:34:05.839 --> 00:34:08.960
<v Speaker 2>bring that up because of the gold silver ratio, and

626
00:34:09.079 --> 00:34:11.679
<v Speaker 2>I think that the ratio is still skewed, even though

627
00:34:12.760 --> 00:34:15.559
<v Speaker 2>silver is at forty almost forty two dollars an ounce

628
00:34:15.679 --> 00:34:18.079
<v Speaker 2>on spot, So I still think we've got a long

629
00:34:18.159 --> 00:34:21.599
<v Speaker 2>way to go where you can still accumune. I mean,

630
00:34:21.639 --> 00:34:25.119
<v Speaker 2>obviously silver is going to do well throughout the decades,

631
00:34:25.159 --> 00:34:27.159
<v Speaker 2>so you're just kind of getting this. You're not late

632
00:34:27.199 --> 00:34:29.559
<v Speaker 2>to the party. At forty two dollars an ounce silver

633
00:34:29.760 --> 00:34:30.480
<v Speaker 2>not even close.

634
00:34:32.239 --> 00:34:33.800
<v Speaker 1>Yeah, well we're talking about if it goes to two

635
00:34:33.840 --> 00:34:36.440
<v Speaker 1>or three hundred dollars an ounce again, that things are

636
00:34:36.480 --> 00:34:40.519
<v Speaker 1>really bad, economical bad, because the you know, again, you know,

637
00:34:40.519 --> 00:34:43.480
<v Speaker 1>we're at least I look at this stuff. When I

638
00:34:43.480 --> 00:34:46.559
<v Speaker 1>look at gold and silver, I'm interested in it just

639
00:34:46.639 --> 00:34:51.239
<v Speaker 1>as a store of value, not as playing a commodity market.

640
00:34:51.320 --> 00:34:52.920
<v Speaker 1>You know, there's a lot of other commodities that you

641
00:34:52.920 --> 00:34:55.199
<v Speaker 1>could play as well. I guess you could go invest

642
00:34:55.239 --> 00:34:59.719
<v Speaker 1>in tomatoes. With Trump's erratic prayer of policies, you know,

643
00:34:59.760 --> 00:35:04.039
<v Speaker 1>you can probably get involved in tomato futures and either

644
00:35:04.039 --> 00:35:06.880
<v Speaker 1>get burned or become really rich. But I look at

645
00:35:06.920 --> 00:35:11.440
<v Speaker 1>it as a preservation tactic, and not just a preservation

646
00:35:11.960 --> 00:35:16.559
<v Speaker 1>of purchasing power, but as a preservation of privacy and

647
00:35:16.639 --> 00:35:20.599
<v Speaker 1>of freedom. Because this other thing that's out there, besides

648
00:35:20.639 --> 00:35:25.119
<v Speaker 1>the interplay between these fiat currencies and the traditional money

649
00:35:25.159 --> 00:35:27.760
<v Speaker 1>of gold and silver, this is whole other thing out there,

650
00:35:28.400 --> 00:35:32.119
<v Speaker 1>of the stable coins of the cbdc's or whatever they

651
00:35:32.119 --> 00:35:34.639
<v Speaker 1>want to label them, do the same thing. And that's

652
00:35:34.679 --> 00:35:37.000
<v Speaker 1>what really has me concerned. We do you have any

653
00:35:37.000 --> 00:35:41.239
<v Speaker 1>more questions here that you see lance for Tony, I

654
00:35:41.239 --> 00:35:43.199
<v Speaker 1>don't see any there. Let me ask you what's going

655
00:35:43.239 --> 00:35:45.239
<v Speaker 1>on with why is Wolf?

656
00:35:46.679 --> 00:35:50.519
<v Speaker 2>Well, we got the old bank location. I took a

657
00:35:50.519 --> 00:35:53.760
<v Speaker 2>branch bank, an old Bank of America and repurposed it

658
00:35:53.760 --> 00:35:56.280
<v Speaker 2>here in Dennison, Texas. I'm getting my signs up in

659
00:35:56.320 --> 00:35:58.679
<v Speaker 2>the next week or so. We got a banner up

660
00:35:58.719 --> 00:36:01.039
<v Speaker 2>right now, we've been busy. I love it's a still

661
00:36:01.039 --> 00:36:03.760
<v Speaker 2>got the drive through still says atm on there it's fun.

662
00:36:04.440 --> 00:36:08.639
<v Speaker 2>So I got putting a new studio in there for podcasts,

663
00:36:08.639 --> 00:36:12.760
<v Speaker 2>and we rebranded it, David. We did just for this location,

664
00:36:12.840 --> 00:36:15.679
<v Speaker 2>we did Wisewolf, Gold Silver Bitcoin. I changed the logo

665
00:36:15.840 --> 00:36:18.480
<v Speaker 2>up a bit, so I'm the only drive through Gold

666
00:36:18.519 --> 00:36:21.360
<v Speaker 2>Silver Bitcoin place in the world. Think I'm gonna say

667
00:36:21.360 --> 00:36:24.199
<v Speaker 2>in the world. I don't know that there's anybody competing

668
00:36:24.239 --> 00:36:28.159
<v Speaker 2>with me and in that realm yet, but we're really

669
00:36:28.199 --> 00:36:31.559
<v Speaker 2>excited about that. I've put in some work there and

670
00:36:31.760 --> 00:36:34.360
<v Speaker 2>I don't think I'll be doing any more physical locations.

671
00:36:34.400 --> 00:36:35.079
<v Speaker 2>I have my two.

672
00:36:35.480 --> 00:36:37.400
<v Speaker 1>I think it might have an opportunity if all these

673
00:36:37.440 --> 00:36:39.800
<v Speaker 1>local banks start going out of business.

674
00:36:39.559 --> 00:36:42.239
<v Speaker 2>Still being yeah, I'll be the bank of choice.

675
00:36:42.119 --> 00:36:42.320
<v Speaker 1>Yeah.

676
00:36:42.559 --> 00:36:45.639
<v Speaker 2>Yeah. We We've definitely put in a lot of infrastructure

677
00:36:45.679 --> 00:36:49.440
<v Speaker 2>into the two physical locations in the last year. I

678
00:36:49.480 --> 00:36:51.599
<v Speaker 2>wanted to make sure that, you know, the marketing was

679
00:36:51.599 --> 00:36:55.719
<v Speaker 2>sound and people could physically bring us product. So if

680
00:36:55.719 --> 00:36:57.320
<v Speaker 2>you just I mean, this is what we do every week.

681
00:36:57.320 --> 00:37:01.519
<v Speaker 2>But the intel that I'm seeing is that a lot

682
00:37:01.599 --> 00:37:04.320
<v Speaker 2>of people are selling a lot of people are selling

683
00:37:04.360 --> 00:37:07.440
<v Speaker 2>product and we're happy to be there for them, but

684
00:37:07.519 --> 00:37:10.280
<v Speaker 2>that ratio of buyers to sellers, you know, it's just

685
00:37:10.360 --> 00:37:12.920
<v Speaker 2>so skewed right now, and you wonder. You see these

686
00:37:12.960 --> 00:37:17.360
<v Speaker 2>prices that are rising, somebody's buying and it's just not

687
00:37:17.480 --> 00:37:20.519
<v Speaker 2>the everyday people are doing stuff like wolf Pack. They're

688
00:37:20.760 --> 00:37:24.280
<v Speaker 2>they're budgeting out, which is great, and we need every

689
00:37:24.320 --> 00:37:28.559
<v Speaker 2>single wolf Pack membership to offset that because we're buying product.

690
00:37:28.639 --> 00:37:31.159
<v Speaker 2>Like I bought like six hundred ounces of silver yesterday

691
00:37:32.199 --> 00:37:33.960
<v Speaker 2>and I got nowhere to put it. If you're interested

692
00:37:34.000 --> 00:37:36.679
<v Speaker 2>in getting some great deals on silver, you should give

693
00:37:36.719 --> 00:37:39.559
<v Speaker 2>me a call because I got like two ounce, three ounce,

694
00:37:39.599 --> 00:37:43.360
<v Speaker 2>five ounce of rounds and bars from the Australian Mint.

695
00:37:43.559 --> 00:37:46.159
<v Speaker 2>I'm just buying, buying crazy amounts. That's like over twenty

696
00:37:46.199 --> 00:37:50.280
<v Speaker 2>two thousand dollars. I think we bought between the two locations,

697
00:37:50.320 --> 00:37:53.599
<v Speaker 2>probably like you know, a thousand ounces yesterday. We're buying

698
00:37:53.840 --> 00:37:55.360
<v Speaker 2>ounces a handover fist.

699
00:37:55.440 --> 00:37:58.159
<v Speaker 1>And then that one one seller is just a lot

700
00:37:58.199 --> 00:37:59.960
<v Speaker 1>of people that were selling silver.

701
00:38:01.920 --> 00:38:05.199
<v Speaker 2>Uh it's it's that was one The six hundred anouncements

702
00:38:05.280 --> 00:38:09.000
<v Speaker 2>was one shot. But we just we are getting a

703
00:38:09.039 --> 00:38:11.880
<v Speaker 2>lot of people selling of course gold gurban gold mining

704
00:38:11.960 --> 00:38:13.599
<v Speaker 2>is up. But that's a good that's a good thing.

705
00:38:13.639 --> 00:38:16.039
<v Speaker 2>I I'd love to buy as much scrap gold as

706
00:38:16.079 --> 00:38:20.559
<v Speaker 2>I can buy. Uh, you know, watches and chains and rings.

707
00:38:20.599 --> 00:38:22.519
<v Speaker 2>I love that. I mean that helps. That's uh, that

708
00:38:22.599 --> 00:38:26.119
<v Speaker 2>keeps the lights on and teeth and that's really gone.

709
00:38:26.280 --> 00:38:28.559
<v Speaker 2>It's really been busy because of the price of gold.

710
00:38:28.599 --> 00:38:30.880
<v Speaker 2>But yeah, now it's a good time to get into

711
00:38:30.920 --> 00:38:32.719
<v Speaker 2>this one. I know it's people are skittish, but I

712
00:38:32.760 --> 00:38:34.840
<v Speaker 2>would say it's a it's a really good time I

713
00:38:34.880 --> 00:38:37.559
<v Speaker 2>think too, especially get into silver, and we got a

714
00:38:37.599 --> 00:38:39.039
<v Speaker 2>lot of great deals on that right now.

715
00:38:39.440 --> 00:38:42.760
<v Speaker 1>Well, if it's being driven by instability, I don't see

716
00:38:42.800 --> 00:38:47.719
<v Speaker 1>any stability on the horizon. No, that's that's the key thing. Well,

717
00:38:47.760 --> 00:38:49.960
<v Speaker 1>it's always great talking to you, Tony, and your program

718
00:38:50.039 --> 00:38:53.000
<v Speaker 1>is going to be immediately following this one on X

719
00:38:53.280 --> 00:38:55.280
<v Speaker 1>and uh thoughtswhere else they can find it?

720
00:38:55.679 --> 00:38:59.320
<v Speaker 2>Yeah, on Rumble at on the America Unplugged channel and

721
00:38:59.400 --> 00:39:03.360
<v Speaker 2>on X at tony Ardburn you'll find me live there.

722
00:39:03.400 --> 00:39:05.920
<v Speaker 2>I have a YouTube channel. You might want to check

723
00:39:05.960 --> 00:39:09.039
<v Speaker 2>it out before it goes away, but it's at tony Ardburn.

724
00:39:09.119 --> 00:39:11.960
<v Speaker 2>You can find me on YouTube. There and then I'll

725
00:39:12.000 --> 00:39:14.559
<v Speaker 2>be I'll be going to speak to the Rotary Club.

726
00:39:14.599 --> 00:39:17.119
<v Speaker 2>So if you're in Dennison, go by because I'm gonna

727
00:39:17.639 --> 00:39:19.920
<v Speaker 2>I'm going to be kind, but we're going to talk

728
00:39:19.960 --> 00:39:23.360
<v Speaker 2>about some of the mysteries of nine to eleven. People

729
00:39:23.360 --> 00:39:25.119
<v Speaker 2>that leave there will not look at nine to eleven

730
00:39:25.159 --> 00:39:25.800
<v Speaker 2>again this name.

731
00:39:26.039 --> 00:39:29.079
<v Speaker 1>Well they shouldn't, you know. I would just encourage them

732
00:39:29.119 --> 00:39:32.800
<v Speaker 1>to get on YouTube and search for building demolitions and

733
00:39:32.840 --> 00:39:34.159
<v Speaker 1>they might get an idea of what a.

734
00:39:34.119 --> 00:39:36.440
<v Speaker 2>Real building like that.

735
00:39:36.679 --> 00:39:40.400
<v Speaker 1>Yeah it's a yeah, you can see I fail. They

736
00:39:40.400 --> 00:39:44.119
<v Speaker 1>could also take a look at all the different skyscraper fires,

737
00:39:44.119 --> 00:39:46.000
<v Speaker 1>many of them that went for several days with steel

738
00:39:46.000 --> 00:39:49.599
<v Speaker 1>skyscrapers and they never fell. They might be twisted metal,

739
00:39:49.679 --> 00:39:52.960
<v Speaker 1>but they never fell. Well, thank you for getting the

740
00:39:52.960 --> 00:39:54.519
<v Speaker 1>truth out of there, Tony, and thank you for what

741
00:39:54.559 --> 00:39:57.760
<v Speaker 1>you do. It's been great to have a good source

742
00:39:57.880 --> 00:40:00.199
<v Speaker 1>for gold and silver, and I know that you will

743
00:40:00.239 --> 00:40:03.599
<v Speaker 1>love the ability to be able to gradually accumulate and

744
00:40:03.679 --> 00:40:06.559
<v Speaker 1>save gold and silver on a regular basis. That's what

745
00:40:06.639 --> 00:40:09.280
<v Speaker 1>wise Wolf has really been. So thank you so much

746
00:40:09.320 --> 00:40:11.719
<v Speaker 1>for what you do. Again, people can find Tony. They

747
00:40:11.800 --> 00:40:13.639
<v Speaker 1>go to David Knight dot Gold they'll take you to

748
00:40:13.800 --> 00:40:18.199
<v Speaker 1>Wisewolf as well. Thank you, Tony. We'll talk to you later, sir,

749
00:40:18.480 --> 00:40:34.840
<v Speaker 1>You soon. The common man. They created common Core and

750
00:40:34.960 --> 00:40:38.360
<v Speaker 1>dumb down our children. They created common past track and

751
00:40:38.440 --> 00:40:42.400
<v Speaker 1>control us. They're Commons project to make sure the commoners

752
00:40:42.559 --> 00:40:48.320
<v Speaker 1>own nothing and the communist future. They see the common

753
00:40:48.360 --> 00:40:53.239
<v Speaker 1>man as simple, unsophisticated ordinary. But each of us has

754
00:40:53.320 --> 00:40:58.960
<v Speaker 1>worth and dignity created in the image of God. That

755
00:40:59.119 --> 00:41:01.559
<v Speaker 1>is what we have in common. That is what they

756
00:41:01.559 --> 00:41:07.559
<v Speaker 1>want to take away. Their most powerful weapons are isolation, deception, intimidation.

757
00:41:08.360 --> 00:41:11.519
<v Speaker 1>They desire to know everything about us, while they hide

758
00:41:11.559 --> 00:41:15.679
<v Speaker 1>everything from us. It's time to turn that around and

759
00:41:15.800 --> 00:41:19.960
<v Speaker 1>expose what they want to hide. Please share the information

760
00:41:20.039 --> 00:41:23.840
<v Speaker 1>and links you'll find at Thedavidnightshow dot com. Thank you

761
00:41:23.920 --> 00:41:32.280
<v Speaker 1>for listening, Thank you for sharing. If you can't support

762
00:41:32.360 --> 00:41:36.480
<v Speaker 1>us financially, please keep us in your prayers. Ddavidnightshow dot

763
00:41:36.519 --> 00:41:57.559
<v Speaker 1>com