Speaker 1: Welcome back, and joining us now is Tony Rdeman of
Speaker 1: Wisewolf Gold, and he has set up David Knight Taik
Speaker 1: Gold to take you to him and let him know
Speaker 1: that you're coming through us from hearing about this on
Speaker 1: the program, and I wanted to talk to Tony today
Speaker 1: because gold has been popping around like it was bitcoin
Speaker 1: almost but of course it's not unusual to see gold
Speaker 1: bitcoin moving several percentage points in a day or certainly
Speaker 1: in a week, but that's something that is kind of
Speaker 1: new for gold and silver, and so as it went
Speaker 1: up so quickly, it is now bouncing around at different levels.
Speaker 1: And right now, what is it around four thousand? Is
Speaker 1: that correct?
Speaker 2: It's just under four thousand this morning.
Speaker 1: Yeah, so, I mean it's still very high compared to
Speaker 1: where it has been for the year. And what is
Speaker 1: shaking it up this week is the Federal Reserve cutting
Speaker 1: interest rates by twenty five basis points a quarter of
Speaker 1: a percentage and saying that they're going to only do
Speaker 1: one more by the end of the year. And so
Speaker 1: a lot of people on Wall Street and other places
Speaker 1: are saying, all right, so then that means that inflation
Speaker 1: is not going to kick up as much as we
Speaker 1: thought it would if he gets real aggressive on these
Speaker 1: interest cuts. He's not going to get real aggressive. The
Speaker 1: thing is that I'm looking at, Tony, is that Powell
Speaker 1: isn't going to be there that much longer.
Speaker 2: Right, His term ends in May.
Speaker 1: So these people are saying, well, that's it. I guess
Speaker 1: they're gonna follow a very conservative path there that's only
Speaker 1: going to last for a couple of months anyway. And
Speaker 1: we know, you know, as you and I have talked about,
Speaker 1: and Jerald Clenty has said so many times, Trump is
Speaker 1: really good for gold because he's all about borrowing money
Speaker 1: and not paying his bills, and so we know where
Speaker 1: this is all going to go. He's going to have
Speaker 1: somebody who is going to have an easy money approach
Speaker 1: and it's going to stoke inflation, and it's going to
Speaker 1: happen at the latest in May of next year.
Speaker 3: Now that's at the latest. And you were thinking the
Speaker 3: exact same thing I was. It's so funny the markets
Speaker 3: are so fickle and so short term. They look at
Speaker 3: stuff and say, oh, well, I guess everything's fine and
Speaker 3: we're back to normal, and uh, you know, the meltdown
Speaker 3: isn't really happening, but it's all short term.
Speaker 2: And then, you know, it's interesting too.
Speaker 3: You mentioned Powell talking about a second rate cut, but
Speaker 3: he didn't seem that that was a foregone conclusion.
Speaker 1: It may not be.
Speaker 2: It may not be until.
Speaker 3: You know, Trump finally gets his new FED chair, and
Speaker 3: then I think all bets are off at that point.
Speaker 3: I think it's going to be easy money, lots and
Speaker 3: lots of printing, probably unprecedented amount of currency injection into
Speaker 3: the economy, and that's only going to drive all these
Speaker 3: fundamentals everything we talk about, you know, as far as
Speaker 3: dedollarization and the repricing of commodities, it's only going to
Speaker 3: continue to inflate the prices of commodities.
Speaker 2: Is the dollar goes and value.
Speaker 1: Yes, I mean, it is something that is so dear
Speaker 1: to the heart of Trump. I mean, look at how
Speaker 1: angry he got with Thomas Massey was pushed back against
Speaker 1: both his stimulus bill and his One Big Beautiful Bill
Speaker 1: because of the spending, and that is you know, he
Speaker 1: takes that very personally, and that is one of his
Speaker 1: core things. Now, I thought it was interesting that this
Speaker 1: article said FED officials had to make yesterday's decision without
Speaker 1: key federal economic data amid the ongoing government shutdown. The
Speaker 1: Bureau of Labor Statistics is mostly shuttered during the shutdown.
Speaker 1: But it's all a lie anyway, as audi's program says,
Speaker 1: it's all a lie. All these we couldn't get the
Speaker 1: numbers from the Bureau of Label Labor Statistics, but it's
Speaker 1: all a lie anything that they would have gotten from them.
Speaker 1: And zero Hedge is saying gold is doing what it
Speaker 1: normally does. After FED rate cuts, goes down a little
Speaker 1: bit and then it starts to climb shortly after that.
Speaker 1: People are anticipation of that inflation maybe something is you know,
Speaker 1: gonna kick off with us, but they realize that it's
Speaker 1: not really going to change the fundamentals in the long term,
Speaker 1: and so then we get back to where we were.
Speaker 3: It's like what we saying that the statistics don't lie,
Speaker 3: but liars use statistics.
Speaker 2: That comes to mind.
Speaker 3: Yeah, now you know you're you're looking at gold too
Speaker 3: as far as the price, and that's the way it
Speaker 3: usually goes. There's a rate cut, there's some liquidation of
Speaker 3: current holdings to get into the market because that signals,
Speaker 3: you know, the money printer is on the money printer
Speaker 3: is going to go bur and some of these stocks
Speaker 3: and other things in short term investments will inflate, so
Speaker 3: people take profit positions out on gold and there'll be
Speaker 3: some sell off in the market. But again, you know
Speaker 3: also too that the the news of there being some
Speaker 3: sort of a tentative agreement on trade between China and
Speaker 3: the US, and China supposedly to start buying soybeans again,
Speaker 3: and all this other stuff all temporary, and you see
Speaker 3: these price pullbacks some gold. Matter of fact, I bought
Speaker 3: some gold over the weekend because you can't trade on
Speaker 3: the exchange, and it was a significant amount, and Monday
Speaker 3: morning it's just bleeding red and I'm like, I don't
Speaker 3: think I made anything, you know, But that's okay. That's
Speaker 3: the risk you take when you're a dealer, that you
Speaker 3: roll with the market. Sometimes you're up, sometimes you're down.
Speaker 3: But that's the volatile nature where we are right now.
Speaker 3: And I think it's looking for both gold, silver and
Speaker 3: bitcoin are looking for a price. I think they're trying
Speaker 3: to find price position and price discovery in all of
Speaker 3: this turbulence, and we just never it's like you look
Speaker 3: at the charts. One of the reports was saying that
Speaker 3: this is the most gains that gold has had since
Speaker 3: nineteen seventy nine. It's true for silver as well. It's
Speaker 3: a forty five years in the making of these price adjustments.
Speaker 3: And you were, if you know, you know as well
Speaker 3: as anybody, David the the shock, the Nixon shock of
Speaker 3: going off the gold standard in seventy one, and by
Speaker 3: seventy nine you had eight hundred dollars an ounce gold,
Speaker 3: which was massive in nineteen seventy nine, same thing with
Speaker 3: silver at fifty two dollars. There was a lot of
Speaker 3: intervention that went on Paul Volker from the Fed, and
Speaker 3: this is interesting history to look at because they went
Speaker 3: out of their way to make sure that there wasn't
Speaker 3: some you know, scramble or crash of the dollar at
Speaker 3: that time, you know, getting out of the dollar. I
Speaker 3: think I think they stabilized it with high interest rates
Speaker 3: and kind of a you know, dangling the trinket of
Speaker 3: you know, Canesy and economics and the Laugher curve with
Speaker 3: Reaganomics and all that stuff in the eighties. I think
Speaker 3: that's really important history to pay attention to because it
Speaker 3: created the price of gold and it kept silver suppress
Speaker 3: for a long time.
Speaker 1: Mesa has talked about that.
Speaker 3: When you measure the markets against gold, they don't look
Speaker 3: good anymore.
Speaker 1: M M Mesa's talked about that and they said, you
Speaker 1: know what would it take to burst the bubble for gold?
Speaker 1: And they said, when you look at when that has happened,
Speaker 1: like you're just talking about one of those incidents, it's
Speaker 1: because people have lost faith in the Federal Reserve and
Speaker 1: then they got that faith back. I don't see that happening.
Speaker 1: I don't see the Federal Reserve being able to get
Speaker 1: people's confidence back. Even if they could do it at
Speaker 1: the retail level, they're not going to do it based
Speaker 1: on the sanctions that have been put in by Biden
Speaker 1: and by Trump and others, and with the competition coming
Speaker 1: from bricks, they're not going to get the confidence of
Speaker 1: countries back, even if they could do it at the
Speaker 1: retail level. So I don't think that's going to happen.
Speaker 1: And when you look at all of the fundamental issues
Speaker 1: in terms of inflation, in terms of debt, those are
Speaker 1: all still there, bigger than we've ever seen in the past.
Speaker 1: And what Trump is doing is adding a layer of
Speaker 1: chaos and instability to businesses, which we were already were
Speaker 1: headed for a stagflation or a selenty said dragflation. And
Speaker 1: when you add that kind of chaos and instability that
Speaker 1: people can't plan on, then it just makes it all worse.
Speaker 3: No, it does, and that's I think misunderstanding where we
Speaker 3: are too and having normalcy bias has hurt the average consumer,
Speaker 3: the average American and possibly every person around the world.
Speaker 3: The IMF just came out and said that they expect
Speaker 3: that global debt will reach one hundred percent of global
Speaker 3: GDP by twenty thirty. Yeh, yeah, Now isn't that an
Speaker 3: interesting metric. Yeah, we're talking about twenty thirty and we've been.
Speaker 2: Calling out the.
Speaker 3: It's a broken world predictive programming of the great Reset.
Speaker 2: For a long time.
Speaker 3: I think these things go hand in hand, the projections
Speaker 3: that are out there of global debt to GDP, the
Speaker 3: collapse of Fiat currencies, the resetting of things. It's very
Speaker 3: important to pay attention to these fundamentals about prices and commodities.
Speaker 3: Wall Street's really talking more about the periodic table than
Speaker 3: they have in a long time.
Speaker 2: I got that from Gold Telegraph.
Speaker 3: He's talking about how he was overhearing traders talking about
Speaker 3: copper and things that they you know, years ago you
Speaker 3: wouldn't have heard it would be tech stocks and AI.
Speaker 3: But I think getting looking around the world, seeing what
Speaker 3: nation states are hoarding and what they're stockpiling based off
Speaker 3: of I think the devaluation that's inevitable, the devaluation of
Speaker 3: Fiat currencies is really important to understand those metrics. Yes,
Speaker 3: and I think the average person here in this country
Speaker 3: is going to get caught flat footed, unfortunately, because just
Speaker 3: going off of you know, these rate cuts and other
Speaker 3: things that it really don't matter much in especially in
Speaker 3: the long term. They matter in the short term, but
Speaker 3: it's not changing the fundamentals of what we're witnessing in this.
Speaker 2: Revaluation of all things.
Speaker 1: Well, when you look at the global great reset and
Speaker 1: the great taking and all the rest of this stuff
Speaker 1: that's there, Trump has got a really important role to
Speaker 1: play in all this. He has been sowing global discord
Speaker 1: with his tariff tantrums that are out there, and so
Speaker 1: we look at it and we say, we argue about
Speaker 1: whether or not he's got the power to do this,
Speaker 1: and you know, what is the basis for him putting
Speaker 1: this stuff in? But the reality is is that this
Speaker 1: is exactly what the globalists want to have done, and
Speaker 1: so it really kind of plays into everything they want
Speaker 1: to the extent that you have to wonder if, just
Speaker 1: like in twenty twenty, if he isn't the leader for
Speaker 1: the globalist agenda rather than the leader of the opposition,
Speaker 1: because he's putting all this stuff in, you know, and
Speaker 1: all this chaos that is out there. Canada just cut
Speaker 1: theirs by their interest rates by a quarter bule percent.
Speaker 1: They're about one and a half points in terms of
Speaker 1: interest rates below us. They're down at two and a
Speaker 1: quarter and they say it's because of structural damage caused
Speaker 1: by the Trump tantrums, reducing capacity of the economy and
Speaker 1: adding costs to people limits a role that monetary policy
Speaker 1: can play, and so they're saying, you know, these Trump
Speaker 1: tariffs and trade policy have harmed our economy, and of
Speaker 1: course it's harming a lot of other economies, and it's just,
Speaker 1: you know, we have this global system, which I'm not
Speaker 1: a big fan of, but that's what we have right now.
Speaker 1: And what he's doing is he's just wrecking it like
Speaker 1: you wrecked the supply chains in twenty twenty with his lockdown,
Speaker 1: and in a sense, what he's doing is contributing to
Speaker 1: this chaos and this reset that is there doing it
Speaker 1: globally because all these different lines have been connected to
Speaker 1: the United States and it is just just you know,
Speaker 1: by abruptly cutting off these supply things, rather than going
Speaker 1: through an orderly transition or having a plan, he just
Speaker 1: does this knee jerk reaction and does it all at
Speaker 1: once and say, Okay, we're going to cut this off. Nay,
Speaker 1: you can build your business back up by your own
Speaker 1: bootstraps without the suppliers that you've been getting product from.
Speaker 1: And so he's harming American businesses as well. But the
Speaker 1: impact that he's having around the world is huge.
Speaker 3: Yeah, and it's disastrous. Yeah, you and I both know
Speaker 3: what grows an economy. What what what made the United
Speaker 3: States great in the first place? You know, it's free markets.
Speaker 3: There was there was a plan, Yes, there was, there
Speaker 3: was coherence.
Speaker 1: And government was out of our lives. People. People can
Speaker 1: make a plan. Government was out of our lives. It
Speaker 1: didn't it didn't have a heavy tax burden on them,
Speaker 1: and so you had stability, you had freedom, and people
Speaker 1: can invest in the future. All this stuff has been
Speaker 1: shut down. These types of policies.
Speaker 3: You go back to COVID nineteen eighty four. I mean,
Speaker 3: look at the smashing of small business. I mean just
Speaker 3: the wrecking of the system and the supply lines. And
Speaker 3: that wasn't the beginning of inflation in this country, but
Speaker 3: it certainly was the accelerant that was poured on it.
Speaker 3: And think of the wealth that has been stolen from
Speaker 3: the average American. Think of this transfer of wealth, likes
Speaker 3: of which we've never seen before. The only thing that
Speaker 3: even comes close to it was the free trade policies
Speaker 3: put in by the technocrats and the oligarchs back in
Speaker 3: the nineteen seventies who wanted to transfer the wealth away
Speaker 3: from the United States and moved eastward. Absolutely nothing like
Speaker 3: this though, we've not seen anything ever before. This massive
Speaker 3: transfer of wealth that's gone onntinues to go on. And no,
Speaker 3: you're right to call this out because if you really
Speaker 3: wanted to grow the economy, you have the markets love certainty,
Speaker 3: and not only that, but incentives for people, let for
Speaker 3: them to be able to feel safe to take risks.
Speaker 2: I don't see that.
Speaker 3: There's lots of small manufacturers that are absolutely baffled.
Speaker 2: You look at the cattle industry.
Speaker 1: Oh yeah, they have.
Speaker 3: No idea like why are we helping Argentinian beef producers
Speaker 3: over our own? You know, we're injecting cash all over
Speaker 3: the world into places that again they're not it's not
Speaker 3: our business, and it's not America first. All that stuff
Speaker 3: that really is just shameful and all of those fundamentals too.
Speaker 2: Everything that we're doing right now will.
Speaker 3: Have lasting repercussions, unfortunately for this continual transfer of wealth.
Speaker 3: And that's why it's important to understand the difference between
Speaker 3: currency and money.
Speaker 1: Well, when you look at more than ever, the entire
Speaker 1: Chicago border trade, as I said this last week, why
Speaker 1: is that there, Well, it's because farmers want to be
Speaker 1: able to lock in a price at some point. They're
Speaker 1: willing to pay a premium for that. And that's the
Speaker 1: entire reason that that giant Chicago border trade exists is
Speaker 1: to lock in prices for farmers so that they have
Speaker 1: certainty so they can make plans. And what Trump is
Speaker 1: doing is single handedly worse than just taking out the
Speaker 1: entire Chicago border trades. Like he flew over it with
Speaker 1: his jet and dropped a bunch of excrement on it.
Speaker 1: That's what's really happening to all the cattle farmers, and
Speaker 1: so it's it's and not just them, other farmers as well,
Speaker 1: the cattle ranchers, I should say, but also the farmers,
Speaker 1: because they've got to have that certainty. And that's what
Speaker 1: Trump is destroying. Nobody can make any plans. Nobody knows
Speaker 1: what's going to happen. And that's true not just for
Speaker 1: the farmers and the ranchers, it's also true for all
Speaker 1: the small retailers, all the small manufacturers. They need to
Speaker 1: know what their parts are going to cost, or what
Speaker 1: their goods are going to cost. If they're a manufacturer,
Speaker 1: they're going to have to get some parts. They don't
Speaker 1: know if they're even going to be able to get
Speaker 1: the parts anymore. It might be embargoed. But if they
Speaker 1: get it, they don't know if it's going to be
Speaker 1: a twenty percent tariff or it's going to be one
Speaker 1: hundred percent tariff. You can't operate like that.
Speaker 3: And this was supposed to be, you know, the basis
Speaker 3: for bringing jobs back to this country, and we've just
Speaker 3: weaponized the dollar by other means. That's what the threat
Speaker 3: of tariffs, and in the incoherence of the blanket tariffs
Speaker 3: that they put out, I mean, it really is, you know,
Speaker 3: the playbook for accelerating the Great Reset. I mean that's
Speaker 3: all that is. I mean, it's we're not winning. I
Speaker 3: know we're supposed to get or we're supposed to be
Speaker 3: tired of winning by now, David, that's what I was told.
Speaker 3: We're going to get so tired of winning. But we're
Speaker 3: not winning.
Speaker 2: And that's I.
Speaker 1: Think they must spell that. I'm just tired of the
Speaker 1: whining coming out of the White House. I'm very tired
Speaker 1: of that. Yeah, but let's look at gold, because we
Speaker 1: just had the London Bullion Market Association talked about where
Speaker 1: they think gold is going to go in the next year.
Speaker 1: Last year, they thought that gold this year would get
Speaker 1: up to twenty nine forty one announce and it's quite
Speaker 1: a bit higher than that obviously, and so it's up
Speaker 1: around Instead of twenty nine hundred and around three thousand,
Speaker 1: it is now around four thousand. So they missed it
Speaker 1: by about a third. So they were pretty conservative on it,
Speaker 1: and they are expecting that gold is going to get
Speaker 1: up to around five thousand and about a year. And
Speaker 1: while we're talking about London and the medals, did we
Speaker 1: talk about when you were here last week. Did we
Speaker 1: talk about what happened with silver and India and all
Speaker 1: the rest of that stuff, the massive shortage of that stuff. Yeah,
Speaker 1: so silver has done quite a bit better than they
Speaker 1: thought it would. Gold is seeing its best annual gains
Speaker 1: since nineteen seven, prices up fifty percent this year. However,
Speaker 1: it's not the best performing asset of precious metals. Silver
Speaker 1: is up sixty one percent year to date and platinum
Speaker 1: is up by ninety three percent. You said people are
Speaker 1: looking at the the different minerals and trading that the
Speaker 1: chart there, So I guess palladium is another one of
Speaker 1: these things that's there. But anyway, forty percent participants expect
Speaker 1: gold to be the top performing asset and precious metals
Speaker 1: through twenty twenty six. And so again last year they
Speaker 1: thought it would be silver, and it was silver. And
Speaker 1: then you see what is happening with tether Lucky Lutnix company.
Speaker 1: They are making massive investments in gold and then tokenizing it.
Speaker 1: And I'm looking at this, I'm thinking, why in the
Speaker 1: world would you want to own gold that way? When
Speaker 1: you look at all of the different issues about how
Speaker 1: they can change the rules about what you can do
Speaker 1: with your token coins. They can completely shut you off.
Speaker 1: You can have any kind a lot of different kinds
Speaker 1: of cyber attacks or things like that that can separate
Speaker 1: you from your ownership of that stuff. I'm just looking
Speaker 1: at it. I'm saying, what's in it for the people
Speaker 1: that are out there. I just really don't understand that
Speaker 1: the risk's greatly fign Yeah.
Speaker 3: I mean, if you don't understand the risk of the
Speaker 3: counting party risk of those type of coins, then yeah,
Speaker 3: maybe it looks great to you and you can digitize whatever.
Speaker 3: Maybe you have a lot more faith in the system
Speaker 3: than I do. But think about that. Think about the
Speaker 3: power to take something digital and then buy real assets
Speaker 3: with that. When somebody gives you value for the digitized
Speaker 3: thing that you made up, I mean, that is a
Speaker 3: that's a brig that's not since the credit card fees
Speaker 3: have since something been so brilliant.
Speaker 2: It's almost evil genius. Or maybe it is.
Speaker 1: Oh, it is evil genius and it's Scott Bessen and
Speaker 1: it's the Trump family. There's a long article from Reuters
Speaker 1: about the Trump family's global crypto cash machine and the
Speaker 1: connections that they've made with other foreign governments who have
Speaker 1: who are able to invest in these crypto ventures. They
Speaker 1: have a World Liberty Financial which is WLF instead of
Speaker 1: w EF, but kind of the same idea. You will
Speaker 1: own nothing and you will transfer all of your wealth
Speaker 1: to the Trump family and they will do a pump
Speaker 1: and dump on you, which they've already pulled off once
Speaker 1: this year on people. It's pretty amazing. But they see
Speaker 1: themselves as replacing banks and even as replacing the Central Bank,
Speaker 1: I think is what their goal is, and they're going
Speaker 1: to become probably trillionaires off of this thing.
Speaker 2: That is the play.
Speaker 3: I think there's a reason why, you know, especially with
Speaker 3: the difference between the Harris administration that never was in
Speaker 3: this one as the push for CBDC and the centralized
Speaker 3: plan to digitize through the Federal Reserve, or as the
Speaker 3: plan to do it through stable coin in this public
Speaker 3: private partnership. And think about the wealth that'll be created
Speaker 3: for a few again when you start using these stable
Speaker 3: coins and if they you know, dollar for dollar, you
Speaker 3: trade it in and they buy real assets, which they're doing.
Speaker 3: They're buying bitcoin and they're buying gold and other things.
Speaker 3: And you mentioned that you know the Trump family, and
Speaker 3: I think it's Eric Trump with the American Bitcoin yeah,
Speaker 3: and Don Junior is involved with another what I believe
Speaker 3: out of Japan.
Speaker 1: Well, we look at this World Liberty financial thing. You've
Speaker 1: got Eric and Don Jor and Baron are listed as
Speaker 1: the co founders, along with Witcoff's two kids. That's Trump's
Speaker 1: real estate partners, now his special envoy to Israel in
Speaker 1: other places, and Trump is listed. This is really funny.
Speaker 1: As emeritus co founder, I got to get his name
Speaker 1: on there. And so Reuters went around talking to these
Speaker 1: different individuals, many of them high ranking government officials and
Speaker 1: other countries that are pouring massive amounts of money in
Speaker 1: and they're pretty clear that they said, well, there's been
Speaker 1: no special offers made to us outside of this, but
Speaker 1: we think it's going to do really well because it's
Speaker 1: connected to the Trump family. So a lot of people
Speaker 1: are talking about the open corruption, which is really pretty amazing.
Speaker 1: But you know, we saw that open corruption in the
Speaker 1: Biden family with Hunter and you know, the big guy,
Speaker 1: and what was happening in Ukraine. This is the same
Speaker 1: type of thing, except the Trump's situation is global. It's
Speaker 1: not just limited to one corrupt country in Ukraine. And
Speaker 1: nobody on the right is going to talk about this
Speaker 1: because they all are afraid of Trump's wrath iOS wrath.
Speaker 3: Yeah, well, they don't understand what's actually being done here.
Speaker 3: I mean, if you're you get to wreck a current
Speaker 3: system in order to create a new one, that's pretty
Speaker 3: apparent that's what happens. And so they're going to you know,
Speaker 3: if you want to see the dollar on it, you
Speaker 3: want to accelerate the way the dollar being turned into
Speaker 3: or digitized and doing you know, create a bridge to
Speaker 3: a new system, well you got to you know, hasten
Speaker 3: its decline. And that's if you wanted to whip saw
Speaker 3: the value and create uncertainty, this is how you would
Speaker 3: do it.
Speaker 1: It's being done, that's right. Yeah, their income from crypto
Speaker 1: has gone up seventeen fold and just the first half
Speaker 1: of this year. I mean they're making unbelievable amounts of
Speaker 1: money and uh, you're partnering with Lucky loutnik Is, We're
Speaker 1: going to see that really explode. And it is as
Speaker 1: they said in this article, it's legal but unethical. And
Speaker 1: I thought, well, okay, that's a bit different than most
Speaker 1: of the things that Trump does. Most of the things
Speaker 1: he does are unethical and illegal. At least this is
Speaker 1: legal but unethical, I guess. So it's a little bit
Speaker 1: of a surprise there that he actually do something within
Speaker 1: the law, kind of break it and then dare them
Speaker 1: to do something about it. But so as we look
Speaker 1: at it, I would just say that we're kind of
Speaker 1: in the same situation that we were last year with
Speaker 1: the election and everybody soured on gold and silver and
Speaker 1: started moving into crypto. Of course, crypto has been a
Speaker 1: phenomenal investment for the Trumps as well, But I still
Speaker 1: think that gold and silver are on sale. I think
Speaker 1: that they are very important to not only see them
Speaker 1: as a hedge against uncertainty and a hedge against the
Speaker 1: complete restructuring of the financial system, but to see them
Speaker 1: as a hedge against the surveillance state and the attack
Speaker 1: on private financial transactions and your ability to make private
Speaker 1: financial transactions or to buy and to do what you want.
Speaker 1: That's going to be a function of having that ability.
Speaker 1: So I don't really see anything fundamentally changing on this stuff,
Speaker 1: even though the price is going to get noisy from
Speaker 1: time to time reacting to things that may or may
Speaker 1: not be real.
Speaker 3: What do you think, Well, that's true, and we're I
Speaker 3: think still looking for price discovery. There's a lot of
Speaker 3: unknowns that are pushing the price of gold and silver,
Speaker 3: and a nation state adoption of the bitcoin also is
Speaker 3: another unknown of you know, bitcoin was trading at one
Speaker 3: hundred thousand, hit one hundred thousand in December of last year,
Speaker 3: and it really hasn't. It's had another all time high
Speaker 3: this month, but you know, one hundred and twenty four thousand
Speaker 3: or whatever it was, but it's back down. You know,
Speaker 3: the news of the rate cuts and you know, volatility
Speaker 3: is it hurts Bitcoin's price.
Speaker 2: Gold has gone the opposite way. You know, it's because
Speaker 2: of the volatility.
Speaker 3: It's it's driven up to a forty three hundred announced
Speaker 3: and then of course silver going up to fifty three
Speaker 3: plus announce. These are price discoveries in an uncertain time.
Speaker 2: The system that was built post World War two.
Speaker 3: You know, the Breton Woods one system is unraveling, and
Speaker 3: we had Breton once two in nineteen seventy one.
Speaker 2: With going off the gold standard.
Speaker 3: But this is chaos in so many ways, and I
Speaker 3: think that's what it's looking for. So fundamentals, you know,
Speaker 3: are still there. The rate cuts are important to watch
Speaker 3: because there's going to be selloffs and things happen.
Speaker 2: But and we may see a.
Speaker 3: Dip in gold further down, there may be more liquidations
Speaker 3: and holdings, and that would be a good time. You know,
Speaker 3: it's a good always good to buy someone when you
Speaker 3: see the price in the red, because we're not going
Speaker 3: back to any sort of You mentioned earlier the restoration trust,
Speaker 3: which always reminds me this happened in twenty eleven. If
Speaker 3: history's your guide, they you know, Bernanki came out and
Speaker 3: said it was the Great.
Speaker 2: Depression was our fault. We did that.
Speaker 3: Also, this won't happen again, and we're not going to
Speaker 3: bail these banks out. We're not going to do this
Speaker 3: massive liquidity injection again. And that was quaint as I
Speaker 3: think we're about eleven trillion in debt at the time,
Speaker 3: so now we're, you know, thirty eight trillion plus in debt.
Speaker 3: Nobody believes that rhetoric anymore. So all bets are off
Speaker 3: at this point. The future is finite in the sense
Speaker 3: of commodities and the pricing of currencies because trust has diminished,
Speaker 3: and so inside the fourth turning, I think that's really
Speaker 3: important to remember. The trust is diminished in the institutions,
Speaker 3: so people are going to be looking for what they
Speaker 3: can count, what's real, or at least to the best
Speaker 3: of their ability to understand what's real and cannot be
Speaker 3: duplicated or counterfeited. That will be more more important is
Speaker 3: the years go on. Trust outside of counterparty risk will
Speaker 3: be everything in the next five years.
Speaker 1: I agree. Yeah, we talked earlier about how Powell's term
Speaker 1: is going to end in May of next year. There's rumors.
Speaker 1: Now this is a newsweek talking about Donald Trump considering
Speaker 1: Sorous's soy boy Scott Bessant for the chair of the FED,
Speaker 1: and of course this type of thing that we saw
Speaker 1: with Jennet Yellen. We have this revolving door between Treasury
Speaker 1: Secretary and FED chair, kind of what you see with
Speaker 1: these high level cabinet positions with HHS and FDA and
Speaker 1: CDC going back and forth with big pharmaceutical companies like Pfizer,
Speaker 1: Moderna and Eli Lilly. So it's that kind of revolving
Speaker 1: door that's there. And it truly amazes me, Tony that
Speaker 1: the right is I see all this stuff all the
Speaker 1: time about Soros this and soroside, and look at his
Speaker 1: connections with legal immigration, which is true, and it's connections
Speaker 1: with Andy Va, which is true. But when it comes
Speaker 1: to Scott Bessant, the guy who helped him and actually
Speaker 1: probably masterminded the breaking of the Bank of England, they
Speaker 1: don't see anything at all there, even as this guy
Speaker 1: is breaking our farmers in order to bail out a
Speaker 1: foreign country Argentina. You know, when you look at bailouts
Speaker 1: down the road with somebody like Scott Bessant a lieutenant
Speaker 1: in there, how bad do you think that's going to be?
Speaker 1: If he gets in there as a fed chair. Of
Speaker 1: course he's going to do that type of thing. It's
Speaker 1: truly amazing to me to see the people that are
Speaker 1: getting the levers of control and our government's kind of scary, frankly.
Speaker 1: And again, the thing about Trump is that he can
Speaker 1: push a globalist agenda of a great reset, he can
Speaker 1: hire Soros people to do it, and Maga people don't
Speaker 1: see it at all coming. It's truly a It was
Speaker 1: kind of like.
Speaker 3: The first head of the Federal Reserve was Paul Warburg. Yeah,
Speaker 3: you know, it's where they based the character Daddy Warbucks
Speaker 3: and little orphan Annie off of, you know, and if
Speaker 3: you watch the movie or what watch the play, like
Speaker 3: he calls up Roosevelt and tells him what to do
Speaker 3: in the nineteen thirties that they knew that then, you know,
Speaker 3: the Warburgs were really out, you know, in the periphery
Speaker 3: of the House of Rothschild. Of course, his brother Max
Speaker 3: Warburg ran the Central Bank in Germany at the time.
Speaker 3: We're supposed to have this mortal enemy, you know, in
Speaker 3: the First World War.
Speaker 2: Yeah, so there's always.
Speaker 1: And he gave one and ten million dollars in gold.
Speaker 1: What else would you give him? Right right? Put him
Speaker 1: on a seal train to go in and start the
Speaker 1: Russian Revolution. Here's a bunch of gold, you know, to
Speaker 1: do something.
Speaker 3: This has always been the case, and it's always a
Speaker 3: Goldman Sacks person, you know. And I was besting is
Speaker 3: he Goldman Sax I'm sure or something like that. And
Speaker 3: the same thing with the the.
Speaker 2: Connection of sorts. It reminds me of Bill Barr. You know.
Speaker 3: Bill Barr's picked by Trump to come in and be
Speaker 3: Attorney General. And we know where it's what he tracks
Speaker 3: back to what he is, you know, going back to
Speaker 3: the first Bush administration and uh being the defending lan
Speaker 3: Haruci you know who shot Vicky Weaver in the head.
Speaker 3: I mean just These are awful people that are with
Speaker 3: the with their tentacles and you know, deep state connections
Speaker 3: and all the rest. And as long as it's you know,
Speaker 3: we have this team sport mentality in this country. If
Speaker 3: we're oh, so and so is picked by by my guy,
Speaker 3: so it absolves him, washes away all of his sins.
Speaker 1: Yeah, when you look at him. There's a lot of
Speaker 1: articles being put out by the conservatives really upset about
Speaker 1: Mom Danny. Okay for New York mayor, And here's a
Speaker 1: typical headline, Soros's fingerprints are all over the rise of
Speaker 1: Democrat socialist zoron Mom Danny and yeah, oh, I guess
Speaker 1: he's got his fingerprints on BESTNT, don't you think. I mean,
Speaker 1: it's pretty amazing, you know, Scott Bessant h o's his
Speaker 1: entire career to his relationship with sorrows. But that's nothing
Speaker 1: that there's nothing to see here. Just move on. We'll
Speaker 1: focus on Mom Danny, who again I'm not a fan
Speaker 1: of uh. And they can see the Sorows fingerprints on him,
Speaker 1: but they can't see it when when Trump is there,
Speaker 1: I guess he wipes the fingerprints off.
Speaker 3: Oh yeah, I mean it if you start unveiling things.
Speaker 3: It confuses people, it can be I'm sure unsettling, and
Speaker 3: there's it's it's scary obviously, it's terrifying to look at
Speaker 3: the world through the lens of wow, that's all a.
Speaker 2: Lie because you cling to like, my side is fighting.
Speaker 3: I can just you know, I can turn it off
Speaker 3: for a while at my side fight it out with
Speaker 3: the other side. But what if both sides. What if
Speaker 3: it's not really a side. What if it's just you know,
Speaker 3: you've got a corrupt few that are orchestrating a lot
Speaker 3: of these things.
Speaker 1: In the other Monday, I have people say that to me, So, well,
Speaker 1: wait a minute. You know, we got to have a
Speaker 1: hope and something, and you know, if Trump can't do it,
Speaker 1: then what is our option? What do we do? I said, well,
Speaker 1: you got to think outside the ballot box, and you know,
Speaker 1: think outside this box they put you in. Maybe your
Speaker 1: solution doesn't lie in politics and government. Maybe you need
Speaker 1: to keep an eye on them, but they're not the
Speaker 1: solution and the savior of things. And so that is
Speaker 1: a scary thing for people. They want to have a
Speaker 1: savior that they can put their hope in, which just
Speaker 1: leads to a fake idolatry.
Speaker 3: I think, well, it's like the I saw a meme
Speaker 3: today and just made me laugh.
Speaker 2: It's the Star Wars.
Speaker 3: It's the Two Suns or the Two Moons or whatever
Speaker 3: it was on tattoo Wing. I think with Luke Skywalker
Speaker 3: and it says it had both the Republicans and the
Speaker 3: Democrats and it was like.
Speaker 2: Most important election of our lifetimes. Every and it's.
Speaker 3: The same one. It's the same, both of them saying
Speaker 3: the same things. It's the most important election of our lifetimes. Yeah,
Speaker 3: just get off that train. Yeah, that's the you're just
Speaker 3: caught up in that. And unfortunately it's about ideas and
Speaker 3: about what you do as an individual. It's a it's
Speaker 3: it's the it's a counterintuitive way to deal with this
Speaker 3: amount of corruption, but you know, just joining it and
Speaker 3: getting in team sports it just encourages some folks stop
Speaker 3: doing That's right.
Speaker 1: We'll tell us at a bit about what's going on
Speaker 1: with a team wolf Pack there and uh and what's
Speaker 1: happening with Wise wolf Gold before.
Speaker 3: We go, Well, I'm going to make some announcements soon.
Speaker 3: I may put up a I don't know. I'm thinking
Speaker 3: about doing something really different here at the Texas location.
Speaker 2: I may start refining, but I don't know.
Speaker 3: I may put up an opportunity if somebody wants to
Speaker 3: join in with me on it.
Speaker 1: I don't know.
Speaker 2: I've been running it through.
Speaker 1: Are you talking about urban mining and.
Speaker 2: I'm talking about Actually there's so I have that.
Speaker 3: I'm in the bank location now and it's not a
Speaker 3: very big building, but in the back, I's all wired
Speaker 3: in and I could put in, you know, the equipment
Speaker 3: to melt and refine and put make my own bars.
Speaker 2: I could make once, you know, you could.
Speaker 3: I could even be a hub for dealers to sell
Speaker 3: scrap gold and silver to And right now the refiners
Speaker 3: aren't even melting silver day like, they won't take it.
Speaker 3: So they're like, we're too busy because they're buying so
Speaker 3: much that and that may that may ease up here
Speaker 3: shortly with the prices being down a little further. But
Speaker 3: I'm just stockpile like I kept I buy. I still
Speaker 3: even though I can't melt it, I'm still buying uh
Speaker 3: scrap silver, which you know sterling silver. You know all
Speaker 3: the dinnerware and you know jewelry and other things.
Speaker 1: So keep your eye out for that stuff coming from
Speaker 1: the Louver, right, I think that's got more than scrap
Speaker 1: value associated with it.
Speaker 3: I think so there's there's some stuff that han't got
Speaker 3: more than scrap value for sure, but yeah.
Speaker 2: I'm thinking about doing something with that. So I don't know.
Speaker 3: I there's there's gonna be so much opportunity in the
Speaker 3: coming years. I want to be able to better serve people.
Speaker 3: So I'm working on that. And we've got, of course
Speaker 3: wolf Pack and just keeping that supply, which is you
Speaker 3: know every week and you talk about it.
Speaker 2: It's it's a weird place.
Speaker 3: I'm sourcing different products and we appreciate anybody who's part
Speaker 3: of wolf Pack. You know, we've got the I think
Speaker 3: we got the best precious pedtal subscription service in the
Speaker 3: business in my opinion on variety, and uh I agree, yeah,
Speaker 3: in service. I got a great team. So just keeping
Speaker 3: these things afloat. And I'm really grateful.
Speaker 1: I don't mr job because you know, we're talking about
Speaker 1: how difficult things are for farmers and cattlemen and all
Speaker 1: the rest of the stuff, and and yet you know,
Speaker 1: you're in this very volatile situation as well, where the
Speaker 1: price is fluctuating quite a bit. It's it's very difficult
Speaker 1: to navigate those waters in a storm like that.
Speaker 2: Yeah, well, I think I'm built for it.
Speaker 3: I think you Fortunately for me, God wanted me to
Speaker 3: do this if I I think I'd have failed long
Speaker 3: ago if I didn't have his help.
Speaker 1: So you know, at least you've had a lot of
Speaker 1: experience with it. That's good to have that. Well, thank
Speaker 1: you so much for coming on, and really really do
Speaker 1: appreciate your support of our show. Here and if you
Speaker 1: want to go to Tony, you can also find a
Speaker 1: wolf pack and everything else there David Knight dot Gold.
Speaker 1: He can help you with metal iras. He can also
Speaker 1: help you with large purchases or with the wolf pack
Speaker 1: where you can start to gradually accumulate physical metals that
Speaker 1: are going to retain their value in this very chaotic
Speaker 1: environment that we're in right now. Thank you so much, Tony,
Speaker 1: appreciate it. Thank you. The common man. They created common Core,
Speaker 1: dumbed down our children. They created common Past to track
Speaker 1: and control us, their Commons project to make sure the
Speaker 1: commoners own nothing and the communist future they see. The
Speaker 1: common man is simple, unsophisticated, ordinary, but each of us
Speaker 1: has worth and dignity created in the image of God,
Speaker 1: that is what we have in common. That is what
Speaker 1: they want to take away. Their most powerful weapons are isolation, deception, intimidation.
Speaker 1: They desire to know everything about us, while they hide
Speaker 1: everything from us. It's time to turn that around and
Speaker 1: expose what they want to hide. Please share the information
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