Speaker 1: Now is Tony Ardeman of Wise Wolf Gold, and Tony
Speaker 1: has kindly set up David Knight on Gold which will
Speaker 1: take you to him. Let them know that you're coming
Speaker 1: through us. And Tony, we were talking about this right
Speaker 1: after the election, said hey, we got a Black Friday
Speaker 1: sale on gold. Take advantage of it while you can.
Speaker 1: It's already coming back up. It made some big moves
Speaker 1: yesterday and both bitcoin and gold went up significantly, and
Speaker 1: then Bitcoin started coming down to where the end of
Speaker 1: the day gold kept going up. I don't know, I mean,
Speaker 1: what is going on in your estimation here?
Speaker 2: Well, it's funny the threat of a nuclear exchange can
Speaker 2: drive up the price of precious metals pretty rapidly.
Speaker 3: I figured this would happen.
Speaker 2: I mean, the geopolitical tensions again, everything, all the fundamentals
Speaker 2: were still there. It's just the price of gold drop
Speaker 2: because positions were liquidated to get back into the to
Speaker 2: the casino is perceived to be safe back in the markets.
Speaker 2: And of course we're still seeing bitcoin breaking new all
Speaker 2: time highs where I'm right at striking distance at one
Speaker 2: hundred thousand, a little bit sooner than I thought it
Speaker 2: was going to make one hundred k on BTC. But yeah,
Speaker 2: geopolitical tensions, all that's still there, the threat of World
Speaker 2: War III, which I mean, again sadly is I mean,
Speaker 2: all those terrible ifs to echo Winston Churchill, all the
Speaker 2: terrible ifs accumulate still and I'm still watching that very closely.
Speaker 2: We should be concerned with it. But yeah, it's reflected
Speaker 2: in the price of metals right now.
Speaker 1: David, Yeah, yeah, oh absolutely. And of course you know
Speaker 1: when you talk about bitcoin and what is happening with that,
Speaker 1: the Trump team I was actually talking about having a
Speaker 1: White House crypto position. The Trump team is vetting candidates
Speaker 1: to serve a role that would be a new White
Speaker 1: House post dedicated to crypto currency policy. What a difference
Speaker 1: that is to the existing regime. When they've got the
Speaker 1: SEC chairman who's being suited by was it fifteen seventeen
Speaker 1: different states because he's trying to come after crypto. They've
Speaker 1: done everything they can to punch it in the face
Speaker 1: straight on. And now you've got the Trump team which
Speaker 1: is going to get behind it. But then of course
Speaker 1: that also has its own concerns about this because we
Speaker 1: see what is really waiting in the wings in terms
Speaker 1: of blockchain. I see that Musk and some of these
Speaker 1: other people are even talking about, well, we need to
Speaker 1: do our voting on blockchain. They want to try to
Speaker 1: move everything, not just money, but voting and citizenship and everything.
Speaker 1: This is the danger I think of Trump and the
Speaker 1: Republicans that they want to put carbon taxes and carbon
Speaker 1: credits and carbon capture and all the rest of the stuff,
Speaker 1: as well as crypto as well as voting. They want
Speaker 1: to set up a surveillance system around this stuff and
Speaker 1: do it in the name of the free market.
Speaker 2: Well, that's true, and crypto's greatest strength is also its
Speaker 2: greatest weakness in the decentralization process and the technology of blockchain.
Speaker 2: It also presents a danger if it's in the hands
Speaker 2: of the wrong people, and especially the technocrats or the
Speaker 2: fascist military industrial complex types so that want to rule
Speaker 2: over us.
Speaker 3: So we have to be careful with that.
Speaker 2: Yeah, you know, the Trump team also, Trump himself is
Speaker 2: starting a crypto exchange. I don't know if you've seen that.
Speaker 2: He's going to be buying a crypto exchange. He's already
Speaker 2: launched tokens and other things like that. This is really
Speaker 2: when we talk about the left right paradigm the most
Speaker 2: stark contrast between the two parties that were on the
Speaker 2: ballot this year. There wasn't much difference in almost anything else,
Speaker 2: I mean, not real policy wise, but being at the
Speaker 2: Bitcoin conference in Nashville this year and Trump showing up
Speaker 2: to that, I was talking to my son.
Speaker 3: He's nineteen, he doesn't know.
Speaker 2: I mean back in twenty sixteen, you know, I got
Speaker 2: into the bitcoin space and bought some of the first
Speaker 2: bitcoin ATMs in the United States.
Speaker 3: And to think that.
Speaker 2: Trump would be speaking, you know, as a former president,
Speaker 2: you know, in twenty twenty four advocating bitcoin as a
Speaker 2: strategic reserve asset for the US would have seemed just
Speaker 2: absolutely nuts to me then, and it still kind of does.
Speaker 2: It really has taken on a lot of adoption rapidly,
Speaker 2: and I've been predicting that there will be more and
Speaker 2: more of that rolling out. So yeah, that's something that
Speaker 2: you're going to see. And I think that's why it's
Speaker 2: reflecting in the price of bitcoin right now. I mean,
Speaker 2: especially after the launch of the ETFs David with black
Speaker 2: Rock and others, and there's billions of dollars and inflows
Speaker 2: and there's not a lot of bitcoin supply honestly on
Speaker 2: these exchanges, more and more just being held long term
Speaker 2: in these wallets. So I think we'll see bitcoin continue
Speaker 2: to rise in the entire crypto space. But I think
Speaker 2: the danger here is something that you and I would
Speaker 2: look at it. I mean, really skeptically. Do they want
Speaker 2: to usher in something else? Do they want to bring
Speaker 2: in everybody into crypto and then crush it and then
Speaker 2: you know, say well we need regulation, and then this
Speaker 2: best way to do it is with a CBDC.
Speaker 3: That's that's what I'm still concerned with.
Speaker 2: I'm still looking on the horizon for the central bank
Speaker 2: digital currency. I don't buy the hype that, especially when
Speaker 2: you get the I don't need the government to get
Speaker 2: involved in bitcoin.
Speaker 3: I don't need the government to get involved in gold.
Speaker 2: I don't need a gold zar or a bitcoin Zar
Speaker 2: or anything like that.
Speaker 3: It takes care of itself. You don't need to defend it.
Speaker 2: So that's always something that I get skeptical on when
Speaker 2: I see we're going to create a new agency or
Speaker 2: a new person to oversee anything. Just let the free
Speaker 2: market rain and take care of itself. Government intervention always
Speaker 2: leads to bankruptcy.
Speaker 1: Yeah, you know, I see Trump's role as being there
Speaker 1: as someone who moves the Overton window. He moved the
Speaker 1: Overton windows significantly towards universal basic income. He moved the
Speaker 1: Overton windows significantly towards global ideas with the you know,
Speaker 1: as part being a part of this global move to
Speaker 1: have vaccine passports, you know, to lock everybody down. The
Speaker 1: next part of that's the vaccine passports and things like that.
Speaker 1: So all these things are part of this locked down
Speaker 1: that he initiated. It was all about moving the Overton window.
Speaker 1: And I think that's a big part of what this
Speaker 1: all the blockchain frenzy within the Trump transition team and
Speaker 1: the people all around him is about. It's about moving
Speaker 1: the Overton window towards cryptocurrency, getting people comfortable with it
Speaker 1: so they can drop the hammer on us. I really
Speaker 1: think that's the case, in the same way that they
Speaker 1: got us accustomed to. Oh, if they tell you that
Speaker 1: you got to be locked down, well then they can
Speaker 1: force you to be locked down. They tell you that
Speaker 1: you got to put a handkerchief on your face and
Speaker 1: walk in circles, you do that too, you know. I
Speaker 1: mean it's just a Simon Says type of world. But
Speaker 1: it's moving, getting everybody accustomed to where they want to go.
Speaker 1: We know where this stuff ends. It truly is. It
Speaker 1: is amazing. And you talk about how we get here
Speaker 1: with Trump, you know, we got here pretty quickly as
Speaker 1: you had all of these people coalesce around him very rapidly,
Speaker 1: give him a lot of money, and now they're basically
Speaker 1: running this show. I mean, he's just a figurehead like
Speaker 1: Biden in many cases, and I think certainly with crypto,
Speaker 1: he doesn't know any more about what's going on with
Speaker 1: crypto than Joe Biden does.
Speaker 4: It's just the people around him.
Speaker 2: No, And I often tell the story about when he
Speaker 2: was reading his speech in Nashville talking about the market
Speaker 2: cap for silver being surpassed by bitcoin.
Speaker 3: At one time, I think it's done it again, but.
Speaker 2: He said, and it has recently surpassed the market cap
Speaker 2: of silver, and he reads that he goes, wow, he's
Speaker 2: reading it for the first time. No, and you're exactly right,
Speaker 2: and you know, nothing is really set here. I think
Speaker 2: there's opportunity with bitcoin and the game theory of other
Speaker 2: nations adopting it and other things, because again, it educates
Speaker 2: people on what money actually is and that you know,
Speaker 2: it should be something that's finite and it's heart you know. Again, stable,
Speaker 2: something that is divisible all the things that constitute money
Speaker 2: and its stores of energy, and fiat currency is not.
Speaker 3: And I think that's you know.
Speaker 2: If the the powers that be, if they created bitcoin
Speaker 2: to get people to adopt central bank digital currency, it's
Speaker 2: really a bad idea.
Speaker 3: Yeah, it's going to backfire on them, I believe.
Speaker 2: But I think just the crypto market itself is something
Speaker 2: that we should be skeptical about. I think again, I've
Speaker 2: applaud most of the technology there, but when we were
Speaker 2: looking at the future, they will adopt the central bank
Speaker 2: digital currency on the back of something and we have
Speaker 2: to be I think, very vigilant in the face of
Speaker 2: that because the CBDC Ladies and Gents is still on
Speaker 2: the horizon.
Speaker 3: Nothing slows that down.
Speaker 2: Whether it's a Trump administration or a Harris administration, that
Speaker 2: didn't matter to me. I'm still looking at the central
Speaker 2: bank digital currency being the main thread in the future.
Speaker 3: Leaking into twenty thirty.
Speaker 4: Oh yeah, yeah.
Speaker 1: I don't know if you caught it or not, but
Speaker 1: at the beginning of the show, I talked about both
Speaker 1: the leaked papers that the Gray Zone got about Project
Speaker 1: Alchemy and the UK put together by these retired these
Speaker 1: veterans who call themselves the Elders and everything. They're talking
Speaker 1: about an Operation Gladiol stuff. But it also got into
Speaker 1: all the financial.
Speaker 4: Stuff that you're always talking about.
Speaker 1: Said, well, you know, there's we have to look at
Speaker 1: this and figure out what Swift too is going to be,
Speaker 1: because swift is inevitably going to go away, slowly, but inevitably,
Speaker 1: it's going to go away because of our wars, you know,
Speaker 1: because they're destroying the financial system as our own financial system,
Speaker 1: our own financial infrastructure is being destroyed by the people
Speaker 1: who are who essentially run it. And then General Douglas
Speaker 1: McGregor and talking about what he saw on the horizon,
Speaker 1: was talking about what happens as part of a Mid
Speaker 1: East war where Saudi Arabia just does a fire sell
Speaker 1: on all of its US treasuries and types of destruction
Speaker 1: that can happen with that. So we're talking in both
Speaker 1: of these cases, they're talking about war, but that war
Speaker 1: has tremendous impact in terms of creating financial crises for
Speaker 1: the people. And they talked about this in terms of
Speaker 1: this is going to create a lot of financial hardship
Speaker 1: for people in the UK. In the US, they're going
Speaker 1: to push back on this war, so we need to
Speaker 1: keep that as part of our plan as well. It's
Speaker 1: not just many How long can we go killing people
Speaker 1: in Ukraine until they get sick of it? It's also
Speaker 1: going to be people in our own country. When we
Speaker 1: destroy the financial system of our country for our geopolitical wars,
Speaker 1: what are they going to do about it.
Speaker 2: We're already in a worldwide war and it starts out financially.
Speaker 2: And as we've talked about this every week, because you know,
Speaker 2: this is the culminations of fourth turning following the last
Speaker 2: new financial world order, which was bent on Woods in
Speaker 2: nineteen forty four, and you know the World Bank and
Speaker 2: the IMF and everything that was set up there. You
Speaker 2: fast forward eighty plus years and then you know, we're
Speaker 2: losing the dollars, the world's reserve currency, surely from ubrius, arrogance,
Speaker 2: the weaponization of the dollar. A lot of that, I
Speaker 2: believe is a controlled demolition on purpose, because there's no
Speaker 2: policy set up by this government or the West to
Speaker 2: keep the dollar propped up other than war, and that's
Speaker 2: going to backfire. That has blowback written all over it.
Speaker 2: I think that's what we're watching, David. And you know,
Speaker 2: so there's a tell in this. By the way, I
Speaker 2: was interviewing Andy Sheckman from Miles Franklin a couple of
Speaker 2: weeks ago. I have that interview up on the Wisewolf
Speaker 2: Golden Crypto channel, and we talked about the Bank of
Speaker 2: International Settlements. Funny thing about the BIS that predates the
Speaker 2: Great Depression, by the way, and a lot of the
Speaker 2: if you don't know your inside history, the gold that
Speaker 2: Franklin Roosevelt wanted you to turn in when he signed,
Speaker 2: as I believe, on constitutional executive order to turn in
Speaker 2: your gold, a lot of that gold went to the
Speaker 2: b I S. Ladies and gents. You can look at
Speaker 2: your history. It was shipped overseas to Basel, Switzerland. But
Speaker 2: if you really follow the trend with bricks, David, in
Speaker 2: the payment systems that they're setting up, and you know
Speaker 2: the summits that they're having, you know, really leading towards
Speaker 2: some sort of universal payment system through bricks. Internally, at
Speaker 2: the head of that has been the b I S.
Speaker 2: And Andy was speaking with a Kitko and they say, well,
Speaker 2: isn't the b I S a Western institution, and and
Speaker 2: he said, yeah, well I guess it is.
Speaker 3: You know, it's kind of confusing.
Speaker 2: Well, that is the thing, right, this is these merchants
Speaker 2: have no country, they have no they have no loyalty.
Speaker 2: They're not representing anything but the interest of themselves. So
Speaker 2: I think what you're watching is this worldwide financial war
Speaker 2: is heating up for domination of markets, for a cross
Speaker 2: border payment systems, for the pricing of commodities.
Speaker 3: All this is on the table.
Speaker 2: This is what's going on the periphery outside of the
Speaker 2: financial news networks that the teleprompter readers that are never
Speaker 2: going to talk about this stuff because it's going to
Speaker 2: reset everything. And again they call it a great reset.
Speaker 2: So these big institutions, like you know, mega institutions like
Speaker 2: the BIS, they're just looking to pick the winner, like
Speaker 2: whatever system is going to work. They don't care about
Speaker 2: who brung them to the dance or what's been the
Speaker 2: current power structure. And I think that's what we need
Speaker 2: to be paying attention to, is that these giant institutions
Speaker 2: they go on and.
Speaker 3: With swift, will most likely be scrapped.
Speaker 2: I mean because of these countries leaving it and Vladimir
Speaker 2: Putin a couple of weeks ago at the Brick Summit,
Speaker 2: introduced the bricks Bridge system, which you know, using blockchain
Speaker 2: token technology for cross border pain. They're coming up with
Speaker 2: everything they can to get away from the dollar dominated
Speaker 2: Western system and guess what they will win.
Speaker 3: That gold will win over the dollar. As we talk.
Speaker 2: About every week, I mean, you're just seeing the numbers
Speaker 2: are coming in every month. The de dollarization continues, and
Speaker 2: just like you said, I meant the part of the
Speaker 2: war here and part of what's happening. Eighty percent of
Speaker 2: all the energy that is transacted, other energy transactions, whether
Speaker 2: it's crude oil or natural gas, that goes on in
Speaker 2: dollars right now, but that is rapidly decreasing with every
Speaker 2: new news cycle because US we lost the petro.
Speaker 3: Dollar agreement with the Saudi's.
Speaker 2: That's everything is on the table now and it may
Speaker 2: not be replaced by one currency, but by several and
Speaker 2: new technologies. So that will severely hurt the power of
Speaker 2: the dollar and the ability for the US to project power.
Speaker 1: I agree. Yeah, you know, everybody is talking about familiar
Speaker 1: with bricks and we're talking about what's happening with that,
Speaker 1: and you know there's the stuff that we see that
Speaker 1: is right in front of us and is coming at us.
Speaker 4: As you know, the.
Speaker 1: Biden administration was attacking crypto and trying to make it
Speaker 1: all illegal and shut down bitcoin. But now you know,
Speaker 1: it might not even be bricks. It might be I
Speaker 1: guess we called call it bits. You know, the fact
Speaker 1: that they're setting up all this blockchain stuff. In the background.
Speaker 1: There was an interesting article on all this unlimited hangout
Speaker 1: breaking down the chain of the bitcoin dollar stable coin
Speaker 1: system to you know, have this whole thing. And that
Speaker 1: is what I see now starting to be very rapidly
Speaker 1: put in together by the people around Trump that have
Speaker 1: helped to get him into office and seem to have
Speaker 1: this control of him. Privately issued tokenized government debt that
Speaker 1: operates on public blockchains known as dollar stable coins. And
Speaker 1: this is what Howard Lutnick is all about. You know,
Speaker 1: Teather's where he hung out and everything. And this guy
Speaker 1: very very connected. Somebody sent me a thing or made
Speaker 1: a comment on Twitter somewhere. I didn't realize that Lutnick
Speaker 1: had a Lucky moment with nine to eleven as well,
Speaker 1: just like Lucky Silverstein. You know, we had Lucky Lutnick
Speaker 1: who just happened to not go to work that day
Speaker 1: when the attack occurred and half of his employees were killed.
Speaker 1: But you know, this is a guy who and all
Speaker 1: around Trump. It's interesting because you got Rudy Giuliani who
Speaker 1: did the nine to eleven cover up. You got Lucky
Speaker 1: Nick now is there and he's going to be head
Speaker 1: of the commerce department. And that's where he stuck the
Speaker 1: Rothchild banker. Last time wolver Ross, he put him in
Speaker 1: a commerce department, and so now he's got Lutnick, the
Speaker 1: stable coin guy. I mean, I see this, you know,
Speaker 1: some new system. I don't know exactly where the details are,
Speaker 1: but we can see the broad outlines of where these
Speaker 1: people want to go. We know that they're destroying the
Speaker 1: current financial system. They openly talk about it as you
Speaker 1: have always talked about it. The swift clearinghouse system, and
Speaker 1: the dollar is the petro dollar, and all these things
Speaker 1: are being destroyed. They're setting up something different, and so
Speaker 1: Russia's got their thing out their bricks.
Speaker 4: We see it. This thing is.
Speaker 1: Yet to take shape, but we know that it's going
Speaker 1: to be something about stable coin and blockchain and something
Speaker 1: like that, and it's going to be kind of a
Speaker 1: public private partnership for CBDC.
Speaker 3: I think I agree with you totally.
Speaker 2: There's something we don't know, but I like speculate is
Speaker 2: some sort of creative destruction because you see the debt.
Speaker 2: I mean it's like, what we're going into a trillion
Speaker 2: dollars in debt every ninety days, and then after all
Speaker 2: payments received, it's about two trillion net a year. Again,
Speaker 2: it took us two hundred years to go a trillion
Speaker 2: dollars the first time, so everything's unsustainable.
Speaker 3: I think we have one hundred.
Speaker 2: And fifty trillion dollars in unfunded liabilities to David just
Speaker 2: I think that's probably a conservative estimate.
Speaker 3: So all of that, and who do we owe the
Speaker 3: debt too?
Speaker 2: Well, we owe it to this banking consortium, this international
Speaker 2: cabal that's started in nineteen thirteen, and does we really
Speaker 2: owe anything A lot of what may be part of
Speaker 2: the creative destruction, and again this is just speculation, is
Speaker 2: getting these other countries to dump their US debt where
Speaker 2: we don't owe them anything, or we don't owe them
Speaker 2: a return, and there's nothing stopping a complete reset, and
Speaker 2: then we have to go and reset our currency to
Speaker 2: something else, which may be on the table like a
Speaker 2: Bretton Woods four or whatever.
Speaker 3: You want to call it.
Speaker 2: You know, again, it'd be something that we haven't done before.
Speaker 2: Maybe this is the move towards a blockchain or crypto
Speaker 2: system something like that.
Speaker 3: All I know is that the.
Speaker 2: Current system is there's a controlled demolition going on because
Speaker 2: no one is putting up roadblocks to preserve it and
Speaker 2: again doing everything in their power to accelerate dedollarization and
Speaker 2: to accelerate the loss of the dollars the world's reserve currency.
Speaker 2: That being said, what is next if they know that
Speaker 2: there's got to be some sort of replacement. And perhaps
Speaker 2: it's just because of the ballooning debt because no one
Speaker 2: talks about fiscal sanity more just some sort of reset
Speaker 2: baked into that and that was ripe for things like CBDC.
Speaker 1: Yeah, I agree. You were talking about the deficit and
Speaker 1: how it's how the debt is growing with the annual
Speaker 1: deficit of about two trillion a year. And yeah, we
Speaker 1: got people that are in such a state of euphoric
Speaker 1: optimism after the victory of Trump that they really think
Speaker 1: that the Doge Brothers skin promost you can save two
Speaker 1: trillion dollars. I mean they seriously put this stuff out there,
Speaker 1: and I mean, what do you think is the likelihood
Speaker 1: of what they might actually cut? We know that it's
Speaker 1: not going to be two trillion dollars. What do you
Speaker 1: think it's going to be. We will be anywhere from
Speaker 1: two dollars to two trillion. Where do you put the needle?
Speaker 2: Well, first I thought it had been creative or somebody said, well,
Speaker 2: the budget of the Office of Dogs should be whatever
Speaker 2: you can start saving the American taxpayer. So if your
Speaker 2: budget starts with what you can cut, you know what
Speaker 2: you can cut from other agencies, perhaps in like a
Speaker 2: cannibalistic way.
Speaker 3: I don't know. I mean, I'm skeptical on any of this.
Speaker 2: I mean what Ronald Reagan ran on cutting the Department
Speaker 2: of Education, it was just there. I mean Jimmy Carter
Speaker 2: that put it in motion. He could have killed it,
Speaker 2: and of course it grew. And when you talked about
Speaker 2: this many times.
Speaker 1: A strangle Rosemary's in the crib instead.
Speaker 2: Right, There's nothing more permanent than a temporary solution from
Speaker 2: a government. You know, there's like a government solution is
Speaker 2: nothing more permanent than a temporary one. I see that,
Speaker 2: you know, it just can the Leviathan continues to grow.
Speaker 3: And we're always naming.
Speaker 2: You know, whether we have a drugs aar, now I
Speaker 2: have a cryptos are a crimes are we have all
Speaker 2: these offices, all these petty potentates. Just the reigning over us.
Speaker 2: I mean again, Washington's not the answer. It's it's too centralized.
Speaker 2: It's it's too corrupt. The layers are too I mean,
Speaker 2: you're talking about one thousand people deep uh you know
Speaker 2: in these organizations or who knows.
Speaker 3: I mean, it's it's.
Speaker 1: Always just like I was talking about earlier, everybody thinks
Speaker 1: that their problems can be solved if they just have
Speaker 1: a king to rule over them.
Speaker 4: So let's have a king for this and a king
Speaker 4: for that.
Speaker 2: And that's what they call czar Sesars, you know, that's
Speaker 2: it's Caesar. So I was reading the other day that
Speaker 2: the Federal Reserve, you know, talk about nonpartisan world above it,
Speaker 2: the Federal Reserve.
Speaker 3: I mean, what was it of their employees.
Speaker 2: They have six hundred thousand dollars was sent to they're
Speaker 2: in this presidential campaign. Ninety seven percent of it went
Speaker 2: to Democrats. That's that's Federal Reserve employees across the United
Speaker 2: States ninety seven percent. So that's how Washington looks, folks.
Speaker 2: I mean, it's an entrench bureaucracy of globalists, and they
Speaker 2: they lean in the Unit Party. It's usually the Democratic Party.
Speaker 2: Of course, it flows both ways, but that's what you're
Speaker 2: looking at. I mean, I would love it if they
Speaker 2: could start cutting government agencies and throwing people out and
Speaker 2: be great, we don't need what eighty percent ninety percent
Speaker 2: of the federal it doesn't even do it's constitutionally appointed
Speaker 2: duty mostly I mean, just to guard the borders really
Speaker 2: of the United States.
Speaker 3: We don't even do that, so it fails on that account.
Speaker 1: Oh yeah, yeah, as a matter of faight, you don't
Speaker 1: want I looked at all this stuff. If you go
Speaker 1: back and look at the Congressional Budget Office, and what
Speaker 1: they said was mandatory spending, in other words, the debt
Speaker 1: and entitlement stuff, right that you're not going to be
Speaker 1: able to change that unless you change the laws, unless
Speaker 1: you cut off people's social security or something like that,
Speaker 1: you know, and of course you know Congress isn't going
Speaker 1: to do that. So you know, unless you change the
Speaker 1: entitlement state, and you're not going to change this debt stuff.
Speaker 1: There's like one point seven trillion of the six and
Speaker 1: a half or whatever that was actually a discretionary and
Speaker 1: about half of that's the military. So you're going to
Speaker 1: completely cut the military out and something else like that
Speaker 1: in order to save two trillion. The math just doesn't
Speaker 1: add up. I don't see these guys cutting anymore than
Speaker 1: tens of billions, if even that. I mean know, they
Speaker 1: can always play some games. They can play some accounting
Speaker 1: games by putting something on a different ledger or something
Speaker 1: like that, But I just don't see that. There's so
Speaker 1: much money in Washington. And if we look at this
Speaker 1: last election, Lalla gets a billion dollars and you know,
Speaker 1: Trump gets like two thirds of billion, and that's not
Speaker 1: counting all the money that goes into all these senators
Speaker 1: and congressmen. And these people are not making donations, they're
Speaker 1: making investments. They expect to get something out of it,
Speaker 1: and they usually get, you know, a thousand percent return
Speaker 1: on their thousands of percent return on their investments. So
Speaker 1: the corruption that is there is just so entrenched, and
Speaker 1: these other things are so entrenched, and most of these
Speaker 1: cuts are going to have to come from Congress, and
Speaker 1: Congress isn't going to do anything. And so I just
Speaker 1: I look at it and it's to me, it's such
Speaker 1: a cynical joke. And they even call it doge.
Speaker 2: Like, wait, well, twenty years ago, David, they had that
Speaker 2: Bipartisan commission. ID just gotten back from I Rack and
Speaker 2: I remember following this really closely. Simpson bowls, Remember Simpson
Speaker 2: bowls they put together, and they came out with commission.
Speaker 4: Yeah, all these different Yeah.
Speaker 2: They came out and said this is all this is
Speaker 2: really unsustainable. You have to make these massive cuts, and
Speaker 2: there's got to be this and we've got to raise revenue.
Speaker 2: And then it was just ignored. I mean, just kick
Speaker 2: the can down the road and look at the Fisk House.
Speaker 2: It's on fire. Since then, I mean, it's a completely
Speaker 2: different country. I try to remind people the dead of
Speaker 2: the US in two thousand was five trillion. It sounds
Speaker 2: like a lot. I mean, it's a lot of money,
Speaker 2: but I mean in comparison to what now close to
Speaker 2: thirty eight trill whatever, we're getting thirty seven thirty eight trillion,
Speaker 2: who really knows what the actual number is. And it's
Speaker 2: just a ballooning an accelerating rate. So you know, none
Speaker 2: of this is going to end well. They have to
Speaker 2: have a new system. And let's just be honest. You
Speaker 2: can have I applaud anything that's attempts are made to
Speaker 2: cut government spending and to cut the size of government.
Speaker 2: I mean, that's great, you know, I just don't want
Speaker 2: to rain on that parade just because it's a silly name.
Speaker 2: But I think that at the end of the day,
Speaker 2: unless you fix the currency, unless we have a real
Speaker 2: you know, I mean meeting with reality on our currency
Speaker 2: and how all of this works, it doesn't really matter
Speaker 2: because they're going to continue to go and hit print
Speaker 2: to inflate their way. And that's what it is. Currency
Speaker 2: creation is inflation when you inflate your way out of
Speaker 2: war or welfare or whatever your need is. Again, that's
Speaker 2: what debases the currency. It creates the deficits, it creates
Speaker 2: all the problems. And so until we get that our
Speaker 2: fiscal house in order with the currency, all the rest
Speaker 2: is just window dressing. It's right against rearranging the deck
Speaker 2: chairs and the Titanic, and you look.
Speaker 1: At what their solution is going to be to things.
Speaker 1: You know, for the longest time, I've said, and Eric
Speaker 1: Peters said it last week too, don't deport people defund
Speaker 1: the welfare state for people coming into this country from
Speaker 1: other countries. Right, you're incentivizing them to come in. But
Speaker 1: rather than stopping that, they could save some money there.
Speaker 1: But I guarantee you that rather than stopping the entitlements
Speaker 1: for foreigners that they've got, which in many cases are
Speaker 1: superior to the entitlements for US citizens, rather than stopping that,
Speaker 1: what are they going to do. They're going to ramp
Speaker 1: up a fully militarized law enforcement thing. They're going to
Speaker 1: build detention camps and all the rest of the stuff.
Speaker 1: They're going to spend a lot of money on setting
Speaker 1: up biometric ID and all the rest. So they're going
Speaker 1: to double down on the police and surveillance state. And
Speaker 1: that all costs money, but they're going to keep that
Speaker 1: welfare state going for people even that aren't US citizens.
Speaker 1: It's it's insane to look at at this government. And
Speaker 1: you know, again, i'd like to rain on people's parade,
Speaker 1: but you know, I got to say, it's it's raining.
Speaker 4: You know, it's raining really bad.
Speaker 1: We got to We've got a flood coming, I think,
Speaker 1: and and and nobody's looking at it. Everybody's just got
Speaker 1: stars in their eyes because We've got a new election,
Speaker 1: and things are going to change, and we're going to
Speaker 1: get out the current evil and we're going to bring
Speaker 1: another evil which is starting to take shape in the background.
Speaker 1: And so I just want to get out of that system.
Speaker 1: You know, I look at the gold stuff, and I
Speaker 1: want to get out of this financial system. I want
Speaker 1: to get out of this coming stable coin bitcoin dollar
Speaker 1: trap that they're creating. I want to get out of
Speaker 1: the great taking as much as I can. I just
Speaker 1: want to get out of this whole system, and I
Speaker 1: want to go you know, physical, private and all the
Speaker 1: rest of the stuff with gold and all. As we
Speaker 1: say every week, the fundamentals, unfortunately have not changed. You know,
Speaker 1: when you look at geopolitical instability and wars and all
Speaker 1: the rest of the stuff, it's all still there.
Speaker 4: You know.
Speaker 1: Everybody's euphoric and happy about you know, changing of the guard,
Speaker 1: but it's not going to be that much of a change.
Speaker 1: I don't think it's going to be different, but it's
Speaker 1: still going to be fundamentally the same.
Speaker 3: I think that's exactlyous.
Speaker 2: All this is really is an opportunity for you to
Speaker 2: prepare because again I think it's just a little bit
Speaker 2: of breathing room. The markets will be stable and somewhat
Speaker 2: because it's psychological. There's lots of liquidity hitting the market,
Speaker 2: which is what it craves, and it craves debt and
Speaker 2: currency creation. It's getting that right now and we have
Speaker 2: a little bit of time. Gold I think is a
Speaker 2: relative even worth being back over twenty six hundred dollars
Speaker 2: an hour stay, but it's still relatively cheap giving the
Speaker 2: basement of the dollar. And you're right about having physical
Speaker 2: metals outside of the system. I mean to the five
Speaker 2: thousand year history that we have of precious metals, and
Speaker 2: it's going to be with us. As long as there's
Speaker 2: human beings, there's going to be gold and silver will
Speaker 2: be known as some sort of monetary metal. It has
Speaker 2: uses outside of just being monetary too, you know, with medicine,
Speaker 2: with technology and other things with jewelry, so we're always
Speaker 2: going to have it.
Speaker 3: It's part of our story.
Speaker 2: It's a good thing to have outside of the system
Speaker 2: because it houses value and energy and again gold we're
Speaker 2: just money, not really an investment.
Speaker 3: They just represent what money actually is.
Speaker 2: We don't need a gold standard by the US government
Speaker 2: or a bitcoin standard. We already have those just make
Speaker 2: them legal tender. That's what's funny about people.
Speaker 1: Our government has no standards. It's right.
Speaker 3: They don't mean I don't.
Speaker 2: We had a gold standard from nineteen forty four to
Speaker 2: nineteen seventy one, but you couldn't legally own gold either.
Speaker 2: I kind of like this system better. I already have
Speaker 2: a gold standard. I'm my own bank, or I have
Speaker 2: a bitcoin standard, so I'm my own bank. When you
Speaker 2: start getting the government involved, or you know, we're talking
Speaker 2: about a crypto zar or whatever it is, I don't
Speaker 2: think it's necessary. The free market speaks for itself, and
Speaker 2: we already have these standards. They're worldwide, they're universally recognized
Speaker 2: and outside of the system.
Speaker 3: I love them.
Speaker 1: It's as unnecessary as a Department of Education. Yes, they
Speaker 1: have a Department of Crypto. I got a question for
Speaker 1: you from Atomic Dog, He says, question for Tony, have
Speaker 1: we seen the bottom of the profit taking in silver
Speaker 1: and gold? What are you feeling? You kind of have
Speaker 1: answered that, you know, I kind of think, as I've
Speaker 1: said since this all happened, I said, we got a
Speaker 1: we got a Black Friday sale going on early with
Speaker 1: gold and silver.
Speaker 2: Well, I mean, I think the tensions with Ukraine and
Speaker 2: Russia accelerated goals, rise back up, climb back up the
Speaker 2: ladder because again fear uncertainty and doubt, just going back
Speaker 2: into precious metals because it looks like the markets are
Speaker 2: going to get you know again weird. They're unstable because
Speaker 2: the future is unset. It doesn't look like you know,
Speaker 2: when Trump was elected, that little brief window that week
Speaker 2: or so where people are like, oh, we're going to
Speaker 2: avert World War three, Well, Biden said, hold my beer,
Speaker 2: hold on, I'm on the way out, so let me
Speaker 2: see if i can get some ICBMs being launched over Ukraine.
Speaker 2: We certainly got that, And I mean, who you know,
Speaker 2: really stepping back logically, if you follow geopolitics or if
Speaker 2: you're interested in foreign policy, how insane is it that
Speaker 2: we have these British missiles and other things made by
Speaker 2: the West being authorized to be launched into Russian territory
Speaker 2: by the United States government in conjunction with Ukraine. If
Speaker 2: you'd have thought about that during the Cold War, David,
Speaker 2: you know how insane that would be. That's Cuban missile
Speaker 2: crisis level.
Speaker 1: Well, just go back to doctor Strangelow. I mean you know,
Speaker 1: these guys are like Jack d Ripper, General Jack d Ripper,
Speaker 1: the nut who set all this stuff off. That's really
Speaker 1: what this whole Biden regime and the British they're all
Speaker 1: like that. They're like this crazy guy who wanted to
Speaker 1: set off a world war. They're all Jack d Ripper.
Speaker 1: It's amazing. Truly is amazing, you said earlier, Sorry ahead,
Speaker 1: I said, it really is. I mean that's we read
Speaker 1: these headlines.
Speaker 2: If you don't have any sort of background in reading
Speaker 2: about geopolitics over the twentieth century, then it seems kind
Speaker 2: of well, it's you know, this is normal.
Speaker 3: It's not normal. This is way out of the context
Speaker 3: of anything that is saying.
Speaker 1: Yeah, they get us there gradually. You know, if we
Speaker 1: just backed up a couple of years and people say, well,
Speaker 1: you're going to have the US and the British are
Speaker 1: going to be firing their missiles and we will be
Speaker 1: the ones doing the firing directly into Russia, It's.
Speaker 4: Like, what are you doing?
Speaker 1: Uh? You mentioned earlier that Trump's gonna have a crypto
Speaker 1: thing as he named the baby. Yet is he going
Speaker 1: to name it after one of his failed casinos? Are
Speaker 1: the Mirage? I don't know what the.
Speaker 3: Mirage, I don't know. I don't know. I didn't get
Speaker 3: the name of it yet.
Speaker 2: But he recently launched a you know, and he's he
Speaker 2: remember the NFTs that he did as well a couple
Speaker 2: of years ago. He's been in the space, he's going
Speaker 2: to I think he's going to continue to be in
Speaker 2: the space. I'm sure I call it personally, but his brand,
Speaker 2: for sure.
Speaker 1: He'll call it truth Coin or something right, Probably that's
Speaker 1: all it's going to be.
Speaker 4: But he loves that.
Speaker 1: Well, you've got a program that's going to be following
Speaker 1: right after this one, and tell people a little bit
Speaker 1: about that and anything that's happening other than you know,
Speaker 1: just trying to keep up with the crazy markets.
Speaker 4: As everything's getting crazier and crazier.
Speaker 1: Why is Wolf tell us what's going on there and
Speaker 1: what's coming up with your program?
Speaker 2: Well, thank you again David for having me on. Yeah,
Speaker 2: we're just keeping up with markets and keeping supply. It's
Speaker 2: harder than it looks and I'm enjoying it. We've got
Speaker 2: especially with these prices going all over the place, and
Speaker 2: I think we've made we'll probably make new invoices today
Speaker 2: based off of price and market conditions. But going into
Speaker 2: the holidays, and I've got some gifts going out to
Speaker 2: everybody in wolf Pack. I've just bought some stuff from
Speaker 2: you know, Christmas Christmas type items and things that are
Speaker 2: going to be going in the packages. So if you
Speaker 2: have a joint wolf Pack you ought to, you'll get
Speaker 2: a Christmas gifts. Go over to David Knight dot Gold
Speaker 2: and check that out. We've got a lot new new
Speaker 2: items and variety going in there as well. And I've
Speaker 2: got my show, the Arderburn Radio transmission once a week
Speaker 2: every Thursday. Following my interview with you, you can find
Speaker 2: me on ex at Tony Arterburn, and we've got the
Speaker 2: rockfin dot com, the America Unplug Channel and Rumble. I'll
Speaker 2: be live over there, so just just a little under
Speaker 2: an hour and we'll have a conversation.
Speaker 1: That's cool. Yeah, well it's neat. I got some gifts
Speaker 1: coming out for Christmas. Maybe people will get a copy
Speaker 1: of the song Silver and Gold from Root off the
Speaker 1: Red Nose Ring. There you have Tony dread up like
Speaker 1: Klondike whatever his name was, Sam or something.
Speaker 4: Right, that's a good idea, always looking for silver and gold.
Speaker 1: And so the prospects are looking up for silver and
Speaker 1: gold as we get into these difficult times. It's always
Speaker 1: good to have a foundation of something that's real, and
Speaker 1: so we have to fall back on in so many
Speaker 1: different ways, and so that probably is Finn as well.
Speaker 1: Thank you so much for coming on Tony again. Wise
Speaker 1: Wolf Gold. You can get there with Davidnight dot Gold
Speaker 1: and stay tuned right after the show for Tony's show.
Speaker 1: Thank you so much, Tony, Thank you David. All Right, folks,
Speaker 1: we're going to take a quick break and we will
Speaker 1: be right back