Speaker 1: I mean now is Tony Ardeburn of Wise Wolf Gold
Speaker 1: and you go to David Knight dot Gold if you'd
Speaker 1: like to start accumulating some gold and silver or gold
Speaker 1: or silver. You can do both or one or the other.
Speaker 1: Tony has many different options available. Thank you for joining
Speaker 1: us today, Tony.
Speaker 2: That's great to be back. Good to see you.
Speaker 1: True, it's always a pleasure, and I want to let
Speaker 1: the audience know that Tony will be hosting the show tomorrow.
Speaker 1: We are going to start our reconstruction first, our destruction
Speaker 1: and reconstruction of the studio. So Tony has graciously volunteered
Speaker 1: to take over the show so that we can have
Speaker 1: an extra day to work on that. Really do appreciate that.
Speaker 1: On wise this would be it's already going to be
Speaker 1: a monumental task, but hopefully the extra day will buy
Speaker 1: us the time we need. But yes, you can look
Speaker 1: forward to Tony Ardeburn hosting the David Night Show tomorrow,
Speaker 1: so tune in for that. I want to what's foremost
Speaker 1: on your mind to start, Tony, what would you like
Speaker 1: to start with? Get your assessment?
Speaker 2: Just the research. Lately on the we talked off air
Speaker 2: about the increase and the money supply, and you see
Speaker 2: that the President Trump really pushing right now, even with
Speaker 2: threatening a lawsuit. It's tombout unprecedented waters. I think that's
Speaker 2: also a big tell on how the system works, that
Speaker 2: the President of the United States is like threatening a
Speaker 2: lawsuit again, better reserve chair and not just replace them
Speaker 2: because it didn't have the power to do that. I
Speaker 2: mean technically, I think I think the the push to
Speaker 2: increase the money supply to create a weaker dollar for
Speaker 2: the illusion really of economic strength, and that's that's what
Speaker 2: they wanted, that sugar high of you know, liquidity and
Speaker 2: currency being pumped into the system, which does create a
Speaker 2: temporary boon. But then we have the same problems that
Speaker 2: we always have. We have inflation, run away inflation, you
Speaker 2: have economic downturns, you have bubbles, you have you know,
Speaker 2: decline and prosperity and all the stuff that comes with
Speaker 2: a bust after a boom. So I'm looking at the
Speaker 2: big picture still, I mean, that's my wheelhouse and where
Speaker 2: I go to. And you look at the response from India, Travis,
Speaker 2: You look at what they're doing right now because of
Speaker 2: the tariffs that were placed on them, and even the
Speaker 2: thread of other economic sanctions with their ties to China,
Speaker 2: they're moving closer to China. So Bricks is it's like
Speaker 2: almost a self fulfilling prophecy. We've done nothing to invite
Speaker 2: the world to do business with us, done nothing. We're
Speaker 2: actually pushing people away. This is the most isolationist policy
Speaker 2: I've ever seen. And by the way, I mean I've
Speaker 2: talked about this many times with your dad and you.
Speaker 2: I'm an economic nationalist. I want tariffs, I love that,
Speaker 2: but we're not playing that game. We're playing something totally different.
Speaker 2: And I just like to be clear for the record,
Speaker 2: I might even have to abandon than what I used
Speaker 2: to believe about economic nationalism and policy because it's clearly
Speaker 2: this is some fun house mirror version of that. So
Speaker 2: you have these threats of tariffs and ricks Slowly, actually
Speaker 2: not slowly, that's probably an incorrect description. Rix is growing
Speaker 2: and they're solidifying their economic ties. You're talking about what's
Speaker 2: the population population of India and China together? What is
Speaker 2: that abo almost half of humanity getting together. You add
Speaker 2: the other Bricks nations into that, and the dedollarization and
Speaker 2: the payment systems that they're creating, and it's just spells
Speaker 2: disaster for US economic policy. We're doing nothing to stop
Speaker 2: that and everything to increase. I think the search for
Speaker 2: things like commodities rare with minerals, gold and finite items commodities.
Speaker 1: Yeah, the uh. I've said it before, But the time
Speaker 1: of America being able to just swagger into the room
Speaker 1: and say this is how it's gonna be, this is
Speaker 1: how we're doing things. You're gonna do what we say
Speaker 1: or else are done. There's other world powers out there
Speaker 1: that have economies of scale that can be interacted with.
Speaker 1: They don't no longer have to bow and scrape before America.
Speaker 1: They can interact with each other and not have to
Speaker 1: worry about dealing with our belligerent foreign policy. It's like,
Speaker 1: all right, well, if you're gonna play that game, we'll
Speaker 1: simply choose not to play. And Donald Trump doesn't seem
Speaker 1: to realize that he you know, if he was the president,
Speaker 1: you know, say fifty sixty years ago or maybe a
Speaker 1: little bit longer, when America's at the height of its
Speaker 1: economic power, but he could probably get away with this
Speaker 1: kind of thing. People go like, all right, yeah, it sucks,
Speaker 1: but what are you gonna do. It's America. But those
Speaker 1: days are gone. And as you said, bricks is you know,
Speaker 1: they're growing stronger, they're solidifying their relationships, and as you
Speaker 1: pointed out, we're simply driving them further and further away.
Speaker 1: Got a comment here from KWD sixty eight says silver
Speaker 1: and gold both are up about two and a half
Speaker 1: times in the last ten years. People talk about silver underperforming,
Speaker 1: but it has gained. It's a hedge and something to hold.
Speaker 1: And of course I know you're big on silver, and
Speaker 1: I like silver as well. When I have extra cash,
Speaker 1: if I ever do, I need to start accumulating more
Speaker 1: of it. But it's just it's a good store and
Speaker 1: it hasn't run away like gold has. Gold is definitely
Speaker 1: one of those things where it's hard to accumulate for
Speaker 1: the average person. You of course offer the you know,
Speaker 1: very small grams and things of it, but even that
Speaker 1: I assume is you know, getting more expensive and probably
Speaker 1: harder to source.
Speaker 2: Oh. Absolutely, the Combe bars, you know, the one hundred
Speaker 2: grand bars that come in a pack. We're able to
Speaker 2: break that off and save people a little bit of premium.
Speaker 2: Those are harder and harder to source. And it is
Speaker 2: interesting you know that the fractional gold is being swallowed
Speaker 2: up right now and silver as you mentioned earlier, and
Speaker 2: that for the average person, just getting a little bit
Speaker 2: of silver is pretty easy. You know, you can still
Speaker 2: do that the price and I think this is a
Speaker 2: blessing in disguise. A lot of people get frustrated with
Speaker 2: the price of silver because it never did this, you know,
Speaker 2: parabolic take you know, up into the right price, go
Speaker 2: up forever, number go up. It hasn't done that, and
Speaker 2: I think that's for accumulation reasons. That's a lot of
Speaker 2: the big banks, you know, JP Morgan obviously the largest
Speaker 2: holder physical hold of silver in the world private they've
Speaker 2: been convicted of suppressing the Fronce something they like to accumulate.
Speaker 2: They suppress the price they hold it. But I think
Speaker 2: that game has changed Travis with silver, and you can
Speaker 2: see that with with Russia adding it as a strategic
Speaker 2: reserve st I think that is probably one of the
Speaker 2: most important stories on silver in the last fifty years.
Speaker 2: I think this will be a bigger story than the
Speaker 2: Hunt family in the nineteen seventies. I think just that
Speaker 2: Russia leading the way and again Russia's relation to bricks
Speaker 2: the entire chessboard economically, if I look at it it's
Speaker 2: a race for rare minerals. It's a race for commodities.
Speaker 2: The era of FIAT and we're about tomorrow is Hey,
Speaker 2: it's fortuitous because I get to host on the anniversary
Speaker 2: of Nixon taking us off the gold standard nineteen seventy one,
Speaker 2: August fifteenth. Since that time, August fifteenth, nineteen seventy one,
Speaker 2: we've been in a real time experiment. And that experiment's
Speaker 2: coming to a close. It doesn't mean that they won't
Speaker 2: use FIAT necessarily, but it's going to go to a digitized,
Speaker 2: tokenized system, as we were seeing through the Genius Act
Speaker 2: and stable coins and the things like that. But as
Speaker 2: far as just the standard, you know, canesyan model of
Speaker 2: increase the money supply, you know, and inflate the bubble.
Speaker 2: We just hit thirty seven trillion dollars in debt yesterday,
Speaker 2: as a matter of fact, I mean it was that's
Speaker 2: a milestone. That doesn't even count the unfunded liability. So
Speaker 2: the United States is bankrupt on paper, it's bankrupt. It's
Speaker 2: bankrupt foreign policy as a bankrupt economic policy. And we
Speaker 2: know that, I mean, anybody. They don't talk about it
Speaker 2: anymore because you can't do anything about it I mean
Speaker 2: used to. I mean there was a time perhaps you know,
Speaker 2: in a quaint time in the mid nineties, when you
Speaker 2: could see that, oh, we have a we have a resolution,
Speaker 2: and there's a contract for America and all this stuff,
Speaker 2: and then you got the debt clock stops and there's
Speaker 2: a surplus. Remember that they actually had this thing, They
Speaker 2: had a surplus. It sounds silly now, but that the
Speaker 2: debt was around four trillion, you know, three and a
Speaker 2: half four trillion at that time, and then now it's
Speaker 2: thirty seven trillion. So you know, the wheels are off
Speaker 2: on that. There's a lot of change on the horizon.
Speaker 2: And if you see, you know, like the central banks,
Speaker 2: they're not going and buying up stocks and accumulating other currencies,
Speaker 2: as we've seen with the supplanting of the euro. You know,
Speaker 2: the euro used to be usuld be the dollar and
Speaker 2: then the euro as far as what was held by
Speaker 2: central banks and reserve assets. Now it's the dollar and
Speaker 2: then gold. Okay, So it's because the dollar is easy
Speaker 2: to trade. It's still that, you know, it's a somewhat
Speaker 2: stable currency system, but that's being replaced and we're accelerating
Speaker 2: the policies of this country are accelerating that. So I
Speaker 2: think the big story here is the race towards commodities,
Speaker 2: the abandoning of the Fiat system post nineteen seventy one,
Speaker 2: and the great reset, which is they tell you they're
Speaker 2: going to do it and we're right in the middle
Speaker 2: of it.
Speaker 3: Yeah.
Speaker 1: Earlier in the show, we were talking about some articles saying, yo, old,
Speaker 1: older Americans are deciding that buying a home just you know,
Speaker 1: simply doesn't fit their budget anymore. They're deciding they think
Speaker 1: they'd rather rent, just like. Yeah, I wonder why that is.
Speaker 1: Could it be because they've been priced out of it?
Speaker 1: Could it be because inflation has gone through the roof
Speaker 1: and the cost of everything has you know, doubled or
Speaker 1: tripled over the years. Now they're painting it as oh,
Speaker 1: they just decided you'll own nothing and you'll be happy.
Speaker 1: But people aren't happy yet. I haven't worked that part
Speaker 1: out yet. They're working towards the own nothing, they seem
Speaker 1: to be really good at that. It's the happiness thing
Speaker 1: they're struggling with.
Speaker 2: Well that you saw the you know, black rock, especially
Speaker 2: after COVID nineteen eighty four and the big liquidity push
Speaker 2: that came in after that, and you know, everybody was
Speaker 2: locked down, you're not essential, and they came in and
Speaker 2: started buying giant swaths of houses. They're using all that
Speaker 2: all those funds that were pumped into the system to
Speaker 2: buy up the real estate, and of course it continued
Speaker 2: to artificially keep the prices high, so we didn't have
Speaker 2: a housing correction or natural housing cycles. And the reason
Speaker 2: that housing prices are the way they are is because
Speaker 2: of the loss of purchasing power in the dollar. And
Speaker 2: I think at the end of the day, it's it
Speaker 2: is a bubble. You know, there's only so many houses,
Speaker 2: there's only so much real estate, and you know, you
Speaker 2: place that value and then every time you create a
Speaker 2: home loan Travis, it creates currency. It's not like they're
Speaker 2: take it from a reserve. It's like, okay, well we've
Speaker 2: got so much in the deposits, so we're gonna lend
Speaker 2: you this and then you can buy this house. That's
Speaker 2: not how that works, create new currency. So every time
Speaker 2: that that inflates the bubble that we're on that system
Speaker 2: right now, and that is I think people are smart
Speaker 2: right now to be skeptical about getting into the housing market.
Speaker 2: I've I've been doing. I've I have the ability to
Speaker 2: do a Vielaw and I just kind of sit back
Speaker 2: and could do it, but I just don't, and I'm wondering,
Speaker 2: I don't know if I see the advantage of getting in.
Speaker 2: It's like that prices are too high, you know, I don't.
Speaker 2: I don't. I don't look at it as an advantage.
Speaker 2: And you know, you can argue about whether a home
Speaker 2: homes an asset or not. But that's where a lot
Speaker 2: of you know, people have been able to park their
Speaker 2: energy and their savings into the equity of their home
Speaker 2: in the past, and we're seeing that system come apart.
Speaker 2: It becomes easier. I read an article a few weeks
Speaker 2: ago on my show from Bitcoin Magazine and they were saying,
Speaker 2: the younger people are just looking at digital assets and
Speaker 2: digital territory in real estate. And you could say the
Speaker 2: same thing for you know, if you can't, if you're
Speaker 2: not able to get into a house, you've got to
Speaker 2: have somewhere to house and you know, your savings and
Speaker 2: other things, so that would be you know, physical gold
Speaker 2: and silver would be another way to do that, you know,
Speaker 2: physical assets that I think that's going to be a
Speaker 2: big wave of the future when people are continue to
Speaker 2: be priced out of these out of houses, and I
Speaker 2: do think we'll have a correction, but even still, it's
Speaker 2: it's going to be I think, out of reach for
Speaker 2: a lot of people, and the economic strategies because of
Speaker 2: the jobs that aren't there.
Speaker 1: Yeah, the economy is not the same as it was.
Speaker 1: You know, there used to be a time where you
Speaker 1: could you could get a factory job and support an
Speaker 1: entire family on one income working at a factory, and
Speaker 1: those days are generally long gone. You basically need a
Speaker 1: two person household, two people working to support a singular child.
Speaker 1: If you have more than one child, it becomes a
Speaker 1: bit of a stretch. We've got Epstein Island and Chat
Speaker 1: says silver is thirty eight dollars and three cents today,
Speaker 1: And Steve Evs would like to know what should silver
Speaker 1: be at if they weren't suppressing things, if they weren't
Speaker 1: holding it down, What do you think silver would be at.
Speaker 2: I think that we see a minimum of one hundred
Speaker 2: dollars now, I think the true valuation of silver. And
Speaker 2: it is kind of a silly thing to look at too.
Speaker 2: When you look at the charts of wealth and the
Speaker 2: so called wealth in the world, and you have these
Speaker 2: big blocks of you know, hundreds of trillions, and it's
Speaker 2: like a five hundred trillion dollar economy or something like that,
Speaker 2: with sovereign weals, funds and currencies and stock markets. And
Speaker 2: then silver has a one point seven trillion dollar market
Speaker 2: cap out of hundreds of trillions. And you know, silver
Speaker 2: was always considered a monetary metal throughout human history, but
Speaker 2: it's only you know again one point seven trillion or
Speaker 2: whatever it is against the hundreds of trillions that are
Speaker 2: supposedly you know, assets in the world. I don't buy that.
Speaker 2: It's a two hundred million ounce plus deficit a year
Speaker 2: on silver. So like everything that's demanded from the mining
Speaker 2: and production they have to take from the above ground supply,
Speaker 2: it's two hundred million plus ounces a year, and that's
Speaker 2: just only increasing. And I think that so that the
Speaker 2: true price was a minimum one hundred and then if
Speaker 2: you look at you know, you just take the gold
Speaker 2: price and divide by sixteen, you know, so whatever that is,
Speaker 2: whatever that is today, it's like, you know, thirty, let's
Speaker 2: see what the spot price is right now. A spot
Speaker 2: price that, as according to gold price don work, is
Speaker 2: thirty three forty five on gold, So should we should
Speaker 2: we do the math, Travis, we do a sixteen to
Speaker 2: one ratio and see if we can make that in
Speaker 2: real time. See if I can pull it off. Let's
Speaker 2: see it's thirty three forty and we divide that by sixteen.
Speaker 2: That puts if we if we're going by the metrics
Speaker 2: by the founding fathers of the United States of America
Speaker 2: and some of the smartest men ever live to put
Speaker 2: an economic system together, h silver was sixteen to one,
Speaker 2: So that makes it two hundred and eight dollars.
Speaker 1: Yeah, we actually had KWD sixty eight in chat said
Speaker 1: before you even did that. Some argue that since silver's
Speaker 1: mind at a ratio about sixteen to one over gold,
Speaker 1: that the price should reflect That says there's a lot
Speaker 1: going on with paper contracts and manipulation. In my opinion,
Speaker 1: so that makes sense to me.
Speaker 2: Not only that, not only that it's geologically Travis is
Speaker 2: geologically seventeen. Supposedly, this ratio makes no sense unless you're
Speaker 2: talking about a systemic manipulation or accumulating. I think this
Speaker 2: is one of the reasons if you want to speculate
Speaker 2: on why what happened to the hot family in the
Speaker 2: nineteen seventies. They were able to drive silver to fifty
Speaker 2: two dollars and fifty cents an ounce in nineteen eighty,
Speaker 2: which again that'd be about two hundred and eight dollars today,
Speaker 2: something like that. Maybe more. They were punished, they were
Speaker 2: deep stated, they were you know, their fortune was smashed
Speaker 2: by the oligarchs and the ruling class because they exposed something.
Speaker 2: In my opinion, they exposed something that was terribly wrong
Speaker 2: with the dollar. Most people didn't understand because we weren't
Speaker 2: even allowed to own golf past nineteen thirty three. That
Speaker 2: wasn't you know, the gold coins had come out of circulation.
Speaker 2: We still had the silver dollars until, you know, running
Speaker 2: through the system until about nineteen sixty five, and people
Speaker 2: started taking a notice of that and said, oh, you know,
Speaker 2: I'm going to save these and they went, you know,
Speaker 2: it's Gresham's law when bad money enters the system and
Speaker 2: good money goes into hiding. And I think at that time,
Speaker 2: when we see you know, the departure from you know,
Speaker 2: having any sort of basis of your currency and then
Speaker 2: Nixon taking us off the gold standard, people were kind
Speaker 2: of sleep walking into that and then it's inflation kicked in,
Speaker 2: and you had the oil embargos and then all the
Speaker 2: rest of that. And by the time you know, the
Speaker 2: end of the nineteen seventies, and I'm sure your dad
Speaker 2: remembers this, well, you had Jimmy Carter and they had
Speaker 2: terms malaise and all this stuff. People were looking around,
Speaker 2: well what is wrong? And then silver is hitting the
Speaker 2: fifty two dollars. You know, it used to be a dollar.
Speaker 2: You know, it used to be or even actually you know,
Speaker 2: announce wasn't necessarily a dollar because every bit of three
Speaker 2: nineteen sixty five US currency travels, whether it's ten dimes,
Speaker 2: whether it's four quarters or a half dollar, or two
Speaker 2: half dollars and a dollar, it all has the same
Speaker 2: amount of silver. So two half dollars and one dollar,
Speaker 2: same thing, ten dimes, same amount of silver. It's point
Speaker 2: seventy three five ounces, So that wasn't even an ounce
Speaker 2: of silver, right well for a dollar. So I think
Speaker 2: at the end of the day, this is the historical
Speaker 2: trend that we're in right now. There's a I think
Speaker 2: a need for people to understand the economic and monetary system,
Speaker 2: and I think they're waking up to that there's a
Speaker 2: lot of I mean, because of what happened with the
Speaker 2: runaway inflation post twenty twenty and the lockdowns and the
Speaker 2: liquidity injections. I think with the emergence of bricks and
Speaker 2: everything else that goes along with that, there is a
Speaker 2: rise in consciousness on what money is. I can find,
Speaker 2: I mean numerous new podcasts and things that are going
Speaker 2: on that weren't around five years ago, drafts that talk
Speaker 2: about things like bitcoin, gold, you know, other monetary issues
Speaker 2: that weren't there. Just the question of money itself is
Speaker 2: a much bigger, I think, mainstay in people's minds. Now.
Speaker 1: Yeah, there's a general sense of unease about the economy.
Speaker 1: People have this sense that things just aren't right. The
Speaker 1: dollar's not safe like it used to be. We have
Speaker 1: Shelley A says. The Brick's website twenty twenty five reads
Speaker 1: like the un sustainable development goals. H The Bricks aren't
Speaker 1: necessarily a group of good guys. You know, just because
Speaker 1: they're not playing along with America's bligerency doesn't mean they're
Speaker 1: good guys themselves. It's a I don't think there's really
Speaker 1: any good players on the world stage at that level.
Speaker 1: I think as a general rule.
Speaker 2: For the record, I'm not rooting for britt I'm not
Speaker 2: rooting for any of these other nations. I love my country,
Speaker 2: but I I have to call out what I think
Speaker 2: is absolute stupidity. If we wanted to get this nation
Speaker 2: really booming and having you know, economic prosperity, we would
Speaker 2: have other policies, we would be intent advising. You know,
Speaker 2: we haven't done that in a long You you can
Speaker 2: tell the game is rigged because if you really wanted
Speaker 2: to make the United States lead the world and everything,
Speaker 2: you just do away with the income tex just do
Speaker 2: away with it. You know, you could just abolish that
Speaker 2: and then you know, no corporate income tax, no individual
Speaker 2: income tax. You could argue that then there's no need
Speaker 2: for terraces because people just move here and build here
Speaker 2: in the in this in this climate. Geopolitically, you know,
Speaker 2: other massive investment would pour in, infrastructure would pour in.
Speaker 2: But we don't do that. And that's for a reason.
Speaker 2: And your dad's talked about this. You know you have
Speaker 2: because you have to have a graduated income text because
Speaker 2: Karl Marx said so, and that's what you know. The
Speaker 2: World Economic Forum or Davos make sure that you sign
Speaker 2: on to that, and I think there's certain you know,
Speaker 2: treaties and you know understanding that we got to have
Speaker 2: this no matter what, we got to have some sort
Speaker 2: of graduated income tax to make sure that people can't
Speaker 2: ever get out of their economic you know, pre subscribed places.
Speaker 1: Yeah, we have a comment here. Angry Tiger's Den says
Speaker 1: tariffs are sanctions in the American people, sanctions are an
Speaker 1: act of war, and that goes in what you're talking about.
Speaker 1: Just again, these countries just like, well, if you're going
Speaker 1: to do this, we're not going to play anymore. And
Speaker 1: like you pointed out, when they were talking about sanctions,
Speaker 1: to the beginning, Trump was pulled, you know, pushing that
Speaker 1: idea around. Oh yo, and some of his base were saying,
Speaker 1: we're gonna he's going to get rid of the income tax.
Speaker 2: He's going to do it.
Speaker 1: He's going to do it completely ignore the fact that
Speaker 1: you just said, well, we'll make some of these tax
Speaker 1: cuts permanent, Like, well, you don't need a permanent tax cut.
Speaker 1: The entire thing is going away now, do you. And
Speaker 1: you still see people online talking about how Trump is
Speaker 1: going to dismantle the I R S totally and it's
Speaker 1: just that they're incapable of connecting the dots here. Just
Speaker 1: how gullible are you?
Speaker 2: People?
Speaker 1: Come on, it's not it's not.
Speaker 2: Those those are Yeah, The I R s and this
Speaker 2: income tax system itself was put in place by the
Speaker 2: wealthiest people that were alive at the time to make
Speaker 2: sure that no one could compete with them. And that's
Speaker 2: I will believe that because of my study and looked
Speaker 2: into this extensively on it, I don't I don't take
Speaker 2: any other explanation because it's the only one that makes
Speaker 2: sense to me. Why would you know? Again? And still
Speaker 2: you look around today and you think if and it's
Speaker 2: funny because the left thinks that they're like, well, the
Speaker 2: richer in control, but we also have this weapon against them.
Speaker 2: And I'm like, if they're in control, they wouldn't allow
Speaker 2: you to have that, all right, they're in control. They're
Speaker 2: if they didn't like it, they wouldn't allow it, you understand.
Speaker 2: And so it always makes me laughing, like we're going
Speaker 2: to tax the rich and whatever, Oh, you're just taxing
Speaker 2: yourself and you're making sure that no one could ever compete.
Speaker 2: It's it's a rig system. With that, I'll I'll take
Speaker 2: this administration seriously, when they start making tax free zones
Speaker 2: for you know, the next hundred years. Uh there, you
Speaker 2: pay no taxes if you live in Detroit. You want
Speaker 2: to rebuild Michigan, you want to turn the economic engine
Speaker 2: back on. Make that an edict. I'll you know, you
Speaker 2: want to get you know, tough, and you know, put
Speaker 2: put an executive order down instead of saying you're going
Speaker 2: to put one hundred percent tariff on a nation that
Speaker 2: doesn't use the dollar again, make it a for the
Speaker 2: next century. You know, you pay no tax whatsoever if
Speaker 2: you if you move your business to Detroit. Let's see
Speaker 2: see what would happen. Yeah.
Speaker 1: See that's a that's a simple solution, a good idea
Speaker 1: right there, which means that no one in Washington will
Speaker 1: ever consider it ever do that right.
Speaker 2: No one will ever do that. No one will ever
Speaker 2: do something. That's how you know that it's it's kind
Speaker 2: of like James Forrestall told Joe McCarthy. You know, if
Speaker 2: they were stupid, then every once in a while they
Speaker 2: just err in our favor. But they never do. And
Speaker 2: that's how you know it's a conspiracy.
Speaker 1: It always ends up somehow working out good for them
Speaker 1: and bad for us. I want to get your opinion
Speaker 1: on this article. It says gold prices could double in
Speaker 1: five to ten years as investors become skeptical of fiat currencies.
Speaker 1: And of course we talked a little bit about this
Speaker 1: during the break Off air. But as you pointed out,
Speaker 1: gold is it just kind of is the inverse of
Speaker 1: whatever the dollar does. As the dollar gets weaker, gold
Speaker 1: gets stronger. And so I could I don't see a
Speaker 1: reason why this couldn't happen. You know, the dollar is
Speaker 1: collapsing every minute as we speak, and as such, yeah,
Speaker 1: I definitely could believe that it could drop to half
Speaker 1: its value, gold could double again.
Speaker 2: Well for sure. Well, I mean goal was thirty five
Speaker 2: dollars an ounce in seventy one, and then you know,
Speaker 2: by the end of nineteen eighty it was eight hundred
Speaker 2: dollars an ounce or somewhere in the nineteen eighties eight
Speaker 2: hundred dollars an ounce. And then you fast forward to
Speaker 2: and it took some some sell off and some other
Speaker 2: things that happened, you know, throughout the nineties, and you know,
Speaker 2: there was the stock market era, and it was the
Speaker 2: tech boom and all that stuff. Instead, the gold took
Speaker 2: a back seat. I remember before I went into my
Speaker 2: third four in war, before I was deployed to Iraq,
Speaker 2: I was buying. I bought some gold. It was about
Speaker 2: three hundred and fifty dollars an ounce. So now it's
Speaker 2: almost thirty five hundred dollars an ounce. I think we
Speaker 2: have room, even though that was, you know, twenty plus
Speaker 2: years ago. But things move faster now, especially when you
Speaker 2: know there's an accelerating rate of change, not only because
Speaker 2: the historical cycles, but because of the sheer numbers. You know,
Speaker 2: you look at them. We mentioned the debt earlier, thirty
Speaker 2: seven trillion. That's a number that can never be. It'll
Speaker 2: have to be like, they'll have to be a clearing
Speaker 2: of it, like in order to function, because you know,
Speaker 2: the debt ceilings continue to rise, that the debt will
Speaker 2: just start to eat up everything and they have to
Speaker 2: do a great reset. They already told you they were
Speaker 2: going to do.
Speaker 1: So.
Speaker 2: Absolutely, Fiat has no bottom. Gold and silver and bitcoin
Speaker 2: have no top because of that. I mean, you're talking
Speaker 2: about who dimetrically diametrically opposed ideas. One is finite and
Speaker 2: houses energy, the other one is a scam that is infinite,
Speaker 2: and we're going to test reality, you know, basic understanding
Speaker 2: of how the universe works. If you know something is
Speaker 2: more ubiquitous and you know, again just thrown out there
Speaker 2: like and created out of nothing, you does the the
Speaker 2: human beings find that to be valuable, other than things
Speaker 2: like oxygen. I mean, but uh, we find that valuable.
Speaker 2: But you know, when it comes to everyday live something
Speaker 2: that is absolutely ubiquitous and everywhere, even like information today,
Speaker 2: information is ubiquitous and everywhere, I don't think people value
Speaker 2: it very much. That is unfortunately they clearly don't because
Speaker 2: they're not smarter. That is very true.
Speaker 1: Everyone has this general sense of well, you know, if
Speaker 1: I need to know something, I can just look it up,
Speaker 1: and it stops them from ever really going and researching beforehand.
Speaker 1: It's just this continual as I need it mentality. It's
Speaker 1: always going to be there, and as such, I have
Speaker 1: no reason to seek it out beforehand. I have no
Speaker 1: reason to want to go out and learn anything and
Speaker 1: better myself. Just you know, well, if I need to
Speaker 1: learn how to, you know, put a new battery in
Speaker 1: the car, I'll just go google it at the time.
Speaker 1: I'll learn how to change my a the time. If
Speaker 1: I feel the need. There's not this sense of desire
Speaker 1: to accumulate information or knowledge or figure out things. It's
Speaker 1: just this, it's available. I don't need it. Who cares?
Speaker 1: Someone else already has that information and I can get
Speaker 1: that at my fingertips if necessary. And I know that
Speaker 1: you've talked about things like this. We got this headline
Speaker 1: here gold is a key strategic investment despite US resilience
Speaker 1: and bitcoins rise, but you've been pointing out that both
Speaker 1: gold and silver. People are investing in the hard assets.
Speaker 1: It's back and you know, like you said the Russia story,
Speaker 1: how they're stocking up on silver. People are not just
Speaker 1: crypto's big but countries are moving more towards these metals.
Speaker 1: They're putting them back on the books, and that should
Speaker 1: definitely be assigned to people as well. It's you know,
Speaker 1: as personally, I think, you know, the countries generally tend
Speaker 1: to do what's going to favor the government. And if
Speaker 1: the government is stacking gold and silver, it says something.
Speaker 2: Oh it does. I mean, that's the central banks are
Speaker 2: buying gold, the governments are putting gold into their strategic
Speaker 2: reserve assets, and the things like silver. But that's you know,
Speaker 2: commodities Timber. I saw an article where, you know, certain
Speaker 2: African countries are you know, building like a currency model
Speaker 2: back by minerals and other things that are you know,
Speaker 2: it could be gold, could be silver, could be diamonds,
Speaker 2: putting those together to create a stable currency. Because the
Speaker 2: era of FIAT is you know, Zimbabwe, it's the trillion
Speaker 2: dollar note, and the United States is continuing to double, triple,
Speaker 2: quadruple down on sanctions and other think it's driving these
Speaker 2: countries away into the arms of bricks and those systems.
Speaker 2: And you can see with the Belton Road initiative and
Speaker 2: what China's done, playing a very smart long game looking
Speaker 2: for rare minerals commodities in an age of you know,
Speaker 2: the end of FIAT and and to something else, which
Speaker 2: I think that's going to be the order of the day.
Speaker 2: A lot of the bubbles that are in the stock
Speaker 2: markets and other things around the world that will be
Speaker 2: the it will be a reckoning eventually.
Speaker 1: Yeah, it's just well, maybe slightly outside my own lifetime,
Speaker 1: but borderline within my lifetime. We've had both Zimbabwe and
Speaker 1: Venezuela and both of them have had just runaway currency collapse.
Speaker 1: And it's funny to me that more people didn't look
Speaker 1: at that and go, well, what what makes their economy
Speaker 1: so different from ours? Why can't that happen here? And
Speaker 1: the truth is really nothing that just the fact that
Speaker 1: the American government has had more pull on the global stage,
Speaker 1: that it's more powerful, the Federal Reserve has some slightly
Speaker 1: smarter people that are able to manipulate things a little
Speaker 1: bit better for their own advantages. But the truth is
Speaker 1: there's nothing that stops a Venezuela or Zimbabwe scenario from
Speaker 1: playing out, because that is the natural end state of
Speaker 1: these currencies. And the fact that more people haven't looked
Speaker 1: at it and gone huh has always kind of shocked me.
Speaker 1: You know a lot of people just look at money
Speaker 1: and they go, well, you know, it's money's weird. You know,
Speaker 1: it's just these pieces of paper, and they have a
Speaker 1: general sense that the dollar is this kind of phony system,
Speaker 1: but they don't go all the way with it. They
Speaker 1: don't fully think about what that actually implies. And again,
Speaker 1: just it's all ever since I don't know what I
Speaker 1: was whenever I figured out when I was younger, there's
Speaker 1: always been this slight anxiety in the back of my
Speaker 1: mind just well, how long until we are Zimbabwe. When
Speaker 1: does that happen? And of course there's no real way
Speaker 1: to tell because there's so many different people with their
Speaker 1: fingers on the scales and the system is so immensely complex.
Speaker 1: But eventually, with as you said, the thirty something trillion
Speaker 1: dollars in debt, and some people even put it as
Speaker 1: high as one hundred and fifty trillion dollars, it has
Speaker 1: to happen. Eventually. There's no way out of this. It's
Speaker 1: an astronomical number that's impossible to get rid of.
Speaker 2: And I think it's a low probability that we'd be
Speaker 2: something like Zimbabwe or Venezuela, and that's mainly because of
Speaker 2: the entrenchment of the dollar around the world. So I'm
Speaker 2: not a doomsday or when it says, oh, there's going
Speaker 2: to be you know why, myron republic style inflation with
Speaker 2: wheelbarrows full of cash by Alon for brand or whatever.
Speaker 2: I don't see that. But I do see the massive
Speaker 2: amount of change that has to happen in order for
Speaker 2: there to be a great reset. A lot of people
Speaker 2: can get left behind. There will be massive austerity. The
Speaker 2: people are going to get wiped out. They're going to
Speaker 2: be a great swath of people that played by the
Speaker 2: old rules that are going to lose and lose big time.
Speaker 2: So I think there will be a class of people
Speaker 2: to do really well. And we've always seen them do well.
Speaker 2: That's why I think I think black rock and embrace
Speaker 2: a bitcoin and Lenry's thinking those guys. I still have
Speaker 2: to hang a question mark over that. Not exactly sure why,
Speaker 2: but I think it has something to do with stable Coinstravis.
Speaker 2: I think it has something to do with what they
Speaker 2: want to build digitally, with the public private partnership of
Speaker 2: stable coins and the dollar, kind of a back door
Speaker 2: CBDC so they can control, tract and expand the money
Speaker 2: supply in real time. I think that will that's ultimately
Speaker 2: one of their goals, along with surveillance and other things.
Speaker 2: But the economic system will change, not necessarily because there
Speaker 2: will be an absolute collapse of the dollar to zero.
Speaker 2: It'll be a collapse of the dollar to digital.
Speaker 1: Yeah, that is their goal. As you've pointed out, my
Speaker 1: dad's pointed out, and we've talked about the tracking ability
Speaker 1: that comes with stable coins, the ability to shut off
Speaker 1: your entire bank account and just completely deprive you of
Speaker 1: any ability to pay for things to interact with the
Speaker 1: economy at all is what they really want. It comes
Speaker 1: with surveillance, it comes with debanking built in. It's the
Speaker 1: ultimate tool for them. I know we're just about out
Speaker 1: of time. You've already stayed ten minutes over. We've got
Speaker 1: a few more comments that I'd like to get through.
Speaker 2: If you're up for it, got it.
Speaker 1: Fantastic, Dougalug says the goldback is a great idea, easy
Speaker 1: to collect and easy to use for barter, just like silver.
Speaker 1: And of course you have been putting people onto the
Speaker 1: gold backs for quite a few years now.
Speaker 2: I love gold backs. It gives you because the gold
Speaker 2: has gotten so expensive, I can't put it. And we
Speaker 2: used to be able to almost we fit a gram
Speaker 2: of gold for a limited time back well first started
Speaker 2: both back into the Warrior Wolves at one twenty five.
Speaker 2: I can't do that any It's the cost is almost
Speaker 2: that so we can't do that. So gold backs makes
Speaker 2: it a lot easier for people to get some actual
Speaker 2: twenty four current you know gold, and those are those
Speaker 2: notes that they use gold. Gold's very valuable. I think
Speaker 2: you can take I was reading something that every day
Speaker 2: I try to look up a gold fact, but I
Speaker 2: think you can take an ounce of gold, and because
Speaker 2: gold is so valeable, you can you can spin an
Speaker 2: ounce of gold out about fifty miles with one single
Speaker 2: thread something like that. It's an amazing medal. Yeah, it's
Speaker 2: it's an amazing medal with how much elasticity it has
Speaker 2: and amaleability. It has very very interesting metal. It's really
Speaker 2: nothing like it. So that's where they were able to
Speaker 2: make those kind of notes, and we put those in
Speaker 2: the gold notes, the gold backs. We put them in
Speaker 2: the Warrior wolves at one twenty five and the loans
Speaker 2: and even in the kid's wolf cups. It's a gold back.
Speaker 1: And that's another reason you should go to David Knight
Speaker 1: dot gold and start getting some for yourself. Tunnel Lord
Speaker 1: when three to three seven says, if we really wanted
Speaker 1: to revive the economy, we would be removing all the
Speaker 1: unconstitutional regulations on every aspect of our lives that would
Speaker 1: immediately reduce the price of things. Additionally, should allow private
Speaker 1: banks to make their own fiat so Americans can stop
Speaker 1: using the dollar that is devalued each year. It was
Speaker 1: a you're here when my family and I went to
Speaker 1: China to adopt my sister. When we were in Hong Kong.
Speaker 1: They allowed each bank to issue their own currency, so
Speaker 1: you would you have just a mish mash, a collection
Speaker 1: of random different bills with different colors and fields and
Speaker 1: people on them. And it was very interesting to see.
Speaker 1: And their economy was booming. They were doing just fine.
Speaker 1: And DJ eight says, can you ask Tony about x RP.
Speaker 1: It's been pointed out to me it's the only crypto
Speaker 1: that is a business partner with the World Economic Forum.
Speaker 2: I don't own any XRP, and I've looked into it.
Speaker 2: I'm sure I could have made money off of it.
Speaker 2: Somebody will. I on a few different cryptos, and that's
Speaker 2: from like a relic of five years ago. I'm mainly
Speaker 2: just buy bitcoin. That's the only crypto that I really
Speaker 2: believe in at this time. And it's not that some
Speaker 2: others aren't good, like there's some privacy coins I like,
Speaker 2: but just economically and the way that I run my business,
Speaker 2: I use a bitcoin. XRP will do something. I mean,
Speaker 2: they're funneling it into the system as a clearing currency,
Speaker 2: like between banks, and there's some interesting technology that I'm
Speaker 2: not against. Other cryptos I don't like. I'm not a
Speaker 2: total bitcoin maximist, where I think that every other coin
Speaker 2: is garbage. I just know my wheelhouse. I stick with that,
Speaker 2: so I'm I'm bitcoin only right now. But that's certainly
Speaker 2: I mean, it's I watched the price of it. I
Speaker 2: you know, I hold some for a customer of mind,
Speaker 2: so I'd look at the you know, the app every day,
Speaker 2: so I see the price going, and it has fluctuated
Speaker 2: back up. I think it was over three bucks rex
Speaker 2: rp the other day. Down a little bit today maybe,
Speaker 2: But yeah, it's something to watch. They're definitely integrating that
Speaker 2: with the system like this, Like you talked about the
Speaker 2: world Actionomic forums and they're gonna they're gonna, you know,
Speaker 2: use other cryptos and Ethereum will be one of those
Speaker 2: that they use as well.
Speaker 1: Yeah, they're they're digging their hooks into the digital realm.
Speaker 1: They're worming their way in, and there's that's one of
Speaker 1: those things. No matter what system you implement, these people
Speaker 1: will try to find a way into it doesn't matter
Speaker 1: how perfectly you build it. Eventually someone will find a
Speaker 1: way to exploit it. But some are better than others,
Speaker 1: and they're worth looking into. They're worth getting outside of
Speaker 1: the Fiat dollar as much as you can is always
Speaker 1: a good idea in my opinion. Well, Tony, I want
Speaker 1: to thank you for being on the show. I want
Speaker 1: to thank you for hosting the show tomorrow. In case
Speaker 1: people are just tuning in, Tony Arderburn will be hosting
Speaker 1: the David Knight Show tomorrow. And as you pointed out,
Speaker 1: it is the anniversary of you said, Nixon taking us
Speaker 1: off the gold standard, right or yeah, off the gold standard.
Speaker 1: So it's a fortuitous event. We didn't plan it that way,
Speaker 1: but that's how it works out. And you've got a
Speaker 1: show coming up after this, So let the people know
Speaker 1: where they can find you.
Speaker 2: Tony. You can find me. My website is Tony dot
Speaker 2: gold if you want to go find my website all
Speaker 2: my shows and links to everything that I do. And yeah,
Speaker 2: we'll be live over on the America Unplug channel, on
Speaker 2: Rumble and on my ex at Tony Arderburn you'll find us.
Speaker 2: There will be twelve pm Eastern eleven am Central time
Speaker 2: going live.
Speaker 1: Fantastic all of you, go check out Tony and go
Speaker 1: to David Knight dot gold get yourself some gold or
Speaker 1: silver again, Tony, thank you for that, and thank you
Speaker 1: for being on the show. It's always a pleasure to
Speaker 1: talk with you really do appreciate it.
Speaker 2: Same do you mind.
Speaker 3: The common man? They created common Core, dumbed down our children.
Speaker 3: They created common past, track and control us their Commons
Speaker 3: project to make sure the commoners own nothing and the
Speaker 3: communist future. They see the common man as simple, unsophisticated ordinary.
Speaker 3: But each of us has worth and dignity created in
Speaker 3: the image of God. That is what we have in
Speaker 3: common they want to take away. Their most powerful weapons
Speaker 3: are isolation, deception, intimidation. They desire to know everything about
Speaker 3: us while they hide everything from us. It's time to
Speaker 3: turn that around and expose what they want to hide.
Speaker 3: Please share the information and links you'll find at Thedavidnightshow
Speaker 3: dot com. Thank you for listening, Thank you for sharing.
Speaker 3: If you can't support us financially, please keep us in
Speaker 3: your prayers. Ddavidnightshow dot com