WEBVTT 1 00:00:07.080 --> 00:00:09.480 All right, And again joining us is Tony Ardiman of 2 00:00:09.519 --> 00:00:11.679 wise Wolf Gold, And of course you can go to 3 00:00:11.839 --> 00:00:14.320 David Knight dot Gold and that'll take you to wise 4 00:00:14.320 --> 00:00:16.160 Wolf and let him know that you came through us. 5 00:00:16.480 --> 00:00:21.600 But people who listened to Tony, I think probably did 6 00:00:21.600 --> 00:00:24.280 pretty well last year. Maybe we didn't have our wealth doubled. 7 00:00:24.280 --> 00:00:27.199 But if you bought into gold and silver, especially if 8 00:00:27.199 --> 00:00:29.320 you did it the way that Tony has set up, 9 00:00:29.359 --> 00:00:32.600 I don't know anybody else that lets you gradually accumulate 10 00:00:32.719 --> 00:00:34.960 gold and silver, you can kind of set up as 11 00:00:34.960 --> 00:00:37.679 a savings program with wolf Pack. You can decide what 12 00:00:37.799 --> 00:00:39.320 level you want to buy into, how much you want 13 00:00:39.359 --> 00:00:41.479 to set aside each month, and you can kind of 14 00:00:41.520 --> 00:00:45.520 dollar cost average that in. And we had another all 15 00:00:45.560 --> 00:00:48.759 time high this week, didn't we, Tony? Because of people 16 00:00:49.119 --> 00:00:51.000 worried about what Trump is going to do with Greenland? 17 00:00:52.240 --> 00:00:58.520 Another all time high yesterday, And as a matter of fact, yeah, 18 00:00:58.560 --> 00:00:59.920 it's hard to keep up with how many. 19 00:01:00.240 --> 00:01:02.520 It's like a broken record, that's right. 20 00:01:03.280 --> 00:01:05.359 But then of course there was some sell off as 21 00:01:05.640 --> 00:01:07.560 Trump said, now we're not going to have a war 22 00:01:07.599 --> 00:01:10.079 with Greenland or whatever. You know, there's that kind of 23 00:01:10.560 --> 00:01:13.040 reaction to these things that happens all the time. But 24 00:01:14.159 --> 00:01:16.120 talk a little bit about where we are right now. 25 00:01:16.159 --> 00:01:19.840 And I just mentioned earlier in the program that we're 26 00:01:19.840 --> 00:01:22.560 on track to hit forty trillion dollars by the end 27 00:01:22.560 --> 00:01:24.959 of September at the current rate. Now that's assuming that 28 00:01:25.000 --> 00:01:28.159 Trump doesn't come up with any new, grandiose scheme that 29 00:01:28.280 --> 00:01:31.599 he's dump a bunch of money into. Yeah, Jesse waters 30 00:01:31.640 --> 00:01:34.120 as last week, when we're talking about Greenland, just casually 31 00:01:34.120 --> 00:01:36.079 say yeah, we can get it for seven hundred million dollars. 32 00:01:36.079 --> 00:01:38.159 It'd be great to be a steal. It's like, yeah, 33 00:01:38.159 --> 00:01:42.040 there's only another trillion dollars. Remember when Senator Everett Dirickson said, 34 00:01:42.079 --> 00:01:44.120 you know, well billion here and a billion they're pretty 35 00:01:44.159 --> 00:01:47.400 soon you're talking about real money. Well, now we're spending 36 00:01:47.480 --> 00:01:50.000 you know, we're doing a thousand times that with trillion 37 00:01:50.159 --> 00:01:53.359 right And and the thing is we're not talking about 38 00:01:53.439 --> 00:01:56.519 real money. We're talking about fiat money. That's the problem. 39 00:01:57.439 --> 00:01:59.120 None of this stuff is real, and it's going to 40 00:01:59.200 --> 00:02:00.000 come crashing down. 41 00:02:01.599 --> 00:02:04.040 Well, going back to what you mentioned about wolf Pack 42 00:02:04.120 --> 00:02:07.239 and just dollar cost averaging, it's better to protect your 43 00:02:07.280 --> 00:02:10.520 wealth gradually than try to do it suddenly, like you 44 00:02:10.560 --> 00:02:14.599 go bankrupt the hemming Way reference, so we're really really 45 00:02:14.840 --> 00:02:18.479 Yesterday we got official word that the trademark for Wolfpack 46 00:02:18.520 --> 00:02:20.960 Gold came in. So I was glad I own the name. 47 00:02:21.159 --> 00:02:24.439 It took a little while, but it's an idea, you know, 48 00:02:24.599 --> 00:02:28.879 the idea of the wolf Pack and just setting aside 49 00:02:28.919 --> 00:02:31.360 a little bit of the fiat value that you have 50 00:02:31.439 --> 00:02:35.719 that's diminishing and let us find it for you. You know, 51 00:02:35.719 --> 00:02:37.759 I have a great crew, great team, and it's been 52 00:02:38.400 --> 00:02:41.840 increasingly difficult to do what we do in the face 53 00:02:41.840 --> 00:02:45.039 of these prices, and I think we prepared for it. Well, 54 00:02:45.159 --> 00:02:49.599 I wasn't prepared for these types of price spikes because 55 00:02:49.639 --> 00:02:52.639 this is not market related, David. I don't believe that 56 00:02:52.879 --> 00:02:55.879 the market's truly driving this. I think this is governmental, 57 00:02:56.319 --> 00:02:57.800 as I discussed last week with you. 58 00:02:57.840 --> 00:02:58.759 I think the way and. 59 00:02:58.719 --> 00:03:00.680 It's funny you see this kind of Lane Whige popping 60 00:03:00.759 --> 00:03:03.319 up now in articles and kick co. It's like, well governmental, 61 00:03:03.400 --> 00:03:06.840 you know, it's the stockpiling of rare minerals and stuff. 62 00:03:06.840 --> 00:03:10.719 It's so it's beyond what we've experienced in the last 63 00:03:10.759 --> 00:03:14.639 fifty years. And I think this is gonna I mean, 64 00:03:14.960 --> 00:03:17.759 obviously there's some market forces built into this, and there 65 00:03:17.759 --> 00:03:20.360 will be pullback and sell off, some profit taking and 66 00:03:20.400 --> 00:03:24.840 all the rest, but nowhere in completely uncharted territory. 67 00:03:24.879 --> 00:03:26.439 And you mentioned the dat and. 68 00:03:26.439 --> 00:03:29.319 You got there's a great book called The Big Print 69 00:03:29.400 --> 00:03:34.199 by Larry Laparde and I read that, but he I 70 00:03:34.199 --> 00:03:37.159 think he's onto something when if you look at all 71 00:03:37.199 --> 00:03:41.680 the culminating events with central banks and governments around the world, 72 00:03:42.439 --> 00:03:45.439 they've put themselves in such a place where that's why 73 00:03:45.479 --> 00:03:48.759 they float the idea of talking about Davos is the 74 00:03:48.759 --> 00:03:51.360 great reset, you know, that's this is something they have 75 00:03:51.439 --> 00:03:53.919 to put out there to the consciousness because they're going down. 76 00:03:54.039 --> 00:03:59.039 This is mathematically inevitable. They have to do a currency reset. 77 00:03:59.280 --> 00:04:04.000 But there's going to be probably this singularity event where 78 00:04:04.400 --> 00:04:07.039 there is a big print, like you know, you mentioned 79 00:04:07.240 --> 00:04:10.240 going to forty trillion in debt and then unless Trump 80 00:04:10.280 --> 00:04:15.719 does something you know, trumpish and some outlandish thing, and 81 00:04:16.079 --> 00:04:19.439 which is more likely than not, that we're going to 82 00:04:19.480 --> 00:04:23.240 have some sort of event where there is a massive 83 00:04:23.360 --> 00:04:28.120 print and it might be coordinated by central banks around 84 00:04:28.120 --> 00:04:30.959 the world to prop up their own markets to stave 85 00:04:31.040 --> 00:04:35.800 off collapse. Because we're certain all these indicators of prices 86 00:04:35.839 --> 00:04:42.120 are just uh, these are the the outliers, and the 87 00:04:42.120 --> 00:04:43.319 the TEL is the sign. 88 00:04:45.720 --> 00:04:48.399 I think we're spelled outlier with a L, I a R. 89 00:04:50.319 --> 00:04:54.160 Get these liars out, get them out of Congress, out 90 00:04:54.160 --> 00:04:56.879 of Watchington. But yeah, you know he can easily do 91 00:04:56.959 --> 00:04:58.959 this with this golden dome thing. You know, that's what 92 00:04:59.000 --> 00:05:01.560 he's talking about with green and he could build a 93 00:05:01.600 --> 00:05:06.279 golden dome with all the gold that's that's in Fort Knox, 94 00:05:06.279 --> 00:05:08.879 if there is any, and then some is probably what 95 00:05:08.920 --> 00:05:10.519 he would spend on it. I mean, as soon as 96 00:05:10.560 --> 00:05:14.000 he you know, he does this massive tax increase, he 97 00:05:14.079 --> 00:05:16.560 calls it a tariff, and he just imposes it himself 98 00:05:17.279 --> 00:05:20.920 and then he says, oh, and I've got six hundred 99 00:05:20.920 --> 00:05:23.000 billion dollars, so let's just put it all in the 100 00:05:23.000 --> 00:05:23.839 military budget. 101 00:05:23.879 --> 00:05:24.079 You know. 102 00:05:24.240 --> 00:05:26.319 Forget about the even the rebate that he said he 103 00:05:26.399 --> 00:05:29.079 was going to go to people, forget about getting rid 104 00:05:29.199 --> 00:05:31.839 of the incompacts, nothing, none of that is going to happen. 105 00:05:31.920 --> 00:05:35.120 He will put it into the military. So yeah, he's 106 00:05:35.120 --> 00:05:37.839 going to just continue to tax and continue to spend, 107 00:05:38.560 --> 00:05:39.480 just like a demograt. 108 00:05:41.839 --> 00:05:44.839 I think one of the most astonishing metrics that I've 109 00:05:44.879 --> 00:05:47.199 seen is that if you take all of the revenue 110 00:05:47.240 --> 00:05:49.439 that we take in and minus the teriffs. But if 111 00:05:49.439 --> 00:05:53.800 you take all the revenue of taxable internal taxes and 112 00:05:53.839 --> 00:05:57.000 you put them together, that just services the interest on 113 00:05:57.040 --> 00:05:57.399 the debt. 114 00:05:57.600 --> 00:05:57.800 Yeah. 115 00:05:58.319 --> 00:06:03.639 Yeah, that's where we are. He's so desperate to get 116 00:06:03.680 --> 00:06:07.279 control of the Federal Reserve under his singular control. 117 00:06:07.399 --> 00:06:07.600 Right. 118 00:06:08.240 --> 00:06:10.240 You look at these evil institutions that are out there, 119 00:06:10.279 --> 00:06:13.000 as I said yesterday, the u N, the Federal Reserve. 120 00:06:13.319 --> 00:06:15.920 His instinct is not to end them, not even to 121 00:06:16.000 --> 00:06:19.160 reform them. His instinct is to become them, to become 122 00:06:19.160 --> 00:06:21.600 a one man Federal Reserve, a one man u N. 123 00:06:21.759 --> 00:06:23.639 With his peace board and all the rest of this stuff. 124 00:06:24.439 --> 00:06:27.279 He's not going to change anything for the better. He's 125 00:06:27.319 --> 00:06:31.480 going to use every problem to get make himself more powerful. 126 00:06:31.879 --> 00:06:34.279 And that's that's what's really going to be happening with 127 00:06:34.399 --> 00:06:37.079 the Federal Reserve. That's that's the real issue. It's the 128 00:06:37.160 --> 00:06:40.399 money on the debt. Because when he lowers interest rates 129 00:06:40.480 --> 00:06:44.120 is you've seen, and we've all seen, the longer term 130 00:06:44.160 --> 00:06:46.879 interest rates for home mortgages and things like that would 131 00:06:47.000 --> 00:06:50.879 sometimes go up either be unaffected or they'll go up 132 00:06:50.920 --> 00:06:54.439 when they lower the short term interest rates and I 133 00:06:54.480 --> 00:06:57.240 think you're also something else that may kick in pretty 134 00:06:57.279 --> 00:07:01.680 soon is as he's you know, gotten all these people 135 00:07:02.759 --> 00:07:05.319 in NATO and Europe angry over this Greenland thing. They're 136 00:07:05.319 --> 00:07:08.439 already starting to talk about doing a boycott of buying 137 00:07:08.519 --> 00:07:11.600 US treasure bills. That could bring things to a head, too, 138 00:07:11.600 --> 00:07:14.879 couldn't it. It absolutely could. I mean I was listening 139 00:07:14.920 --> 00:07:17.600 to your show yesterday. You mentioned that central banks now 140 00:07:17.759 --> 00:07:22.319 hold more gold than they do US treasuries, and that metric. Again, 141 00:07:22.360 --> 00:07:25.600 the dollar is still number one held by central banks, 142 00:07:26.000 --> 00:07:29.279 but number two is gold, and it supplanted the euro 143 00:07:29.839 --> 00:07:33.279 like eighteen months ago as number two. That's why the 144 00:07:33.920 --> 00:07:36.720 European Central Bank so that gold was a threat to 145 00:07:36.800 --> 00:07:41.000 the system. Oh, it's a threat to your fake money, 146 00:07:41.079 --> 00:07:41.279 you know. 147 00:07:41.600 --> 00:07:46.079 And I think the metrics of dollar usage post World 148 00:07:46.079 --> 00:07:49.399 War Two, right after Bretton Woods, it was about ninety 149 00:07:49.399 --> 00:07:52.720 percent of the world used a dollar, you know, we 150 00:07:52.759 --> 00:07:56.439 supplanted the pound, sterling and the dollar was the world's 151 00:07:56.439 --> 00:07:58.759 reserve currency. It's about ninety percent of usage, and that 152 00:07:58.839 --> 00:08:02.399 went to past nineteen seventy one and then started to 153 00:08:02.519 --> 00:08:04.879 slow declines. I think the year two thousand and one, 154 00:08:05.360 --> 00:08:08.079 we're at about seventy five percent of world usage for 155 00:08:08.199 --> 00:08:11.839 the US dollar and then just I mean, gosh, in 156 00:08:11.920 --> 00:08:14.319 the last few years, and just talking on your show, 157 00:08:14.360 --> 00:08:17.839 I was this was something I watched, was the dollar usage, 158 00:08:18.439 --> 00:08:21.639 so the money velocity, and it went from about fifty 159 00:08:21.680 --> 00:08:26.360 six percent of usage in twenty twenty two following our 160 00:08:26.399 --> 00:08:29.639 sanctions on Russia after they invaded Ukraine, and then it's 161 00:08:29.720 --> 00:08:32.240 dropped all the way down to about forty percent and 162 00:08:32.399 --> 00:08:34.759 just that time. So you know, if you look at 163 00:08:34.840 --> 00:08:39.360 the and that's that's the phenomenon of d dollarization. Maybe 164 00:08:39.440 --> 00:08:42.200 that's I think that's the most the key indicator in 165 00:08:42.279 --> 00:08:45.200 all of this, whether you're talking about the petro dollar 166 00:08:45.759 --> 00:08:48.519 or anything else surrounding that, or how much we're going 167 00:08:48.519 --> 00:08:52.919 to print. The dollar usage around the world is declining. 168 00:08:53.159 --> 00:08:55.240 And even though you know, eighty percent of all of 169 00:08:55.240 --> 00:08:57.519 our one hundred dollars bills aren't in this country, they're 170 00:08:57.559 --> 00:09:00.480 outside of the continental United States, and sixty five percent 171 00:09:00.519 --> 00:09:03.320 of all paper currencies outside of the continental United States, 172 00:09:03.759 --> 00:09:08.159 less and less it's being used. And those eventually those 173 00:09:08.200 --> 00:09:10.679 dollars will be repatriated. But we're going to continue to 174 00:09:10.759 --> 00:09:14.639 print more as the world uses less. So you tell me, 175 00:09:15.080 --> 00:09:19.039 what does that spell for the purchasing power of that 176 00:09:19.120 --> 00:09:22.919 currency unit. And there's really not any great options to 177 00:09:23.000 --> 00:09:25.679 prop that up at this point if you've lost so much, 178 00:09:26.360 --> 00:09:28.960 so much usage in such a short period of time. 179 00:09:30.120 --> 00:09:32.399 And that's why I think that's what we're watching really 180 00:09:33.240 --> 00:09:37.440 with these prices of gold and silver is again as 181 00:09:37.480 --> 00:09:42.559 governmental forces and supply and then showing the weakness of 182 00:09:42.679 --> 00:09:46.080 how much actual physical is in the market. But it's 183 00:09:46.159 --> 00:09:50.320 that it's that loss of usage by the dollars, the 184 00:09:50.320 --> 00:09:54.679 world reserve currency at the same time that's really showing 185 00:09:55.240 --> 00:09:57.840 up showing up in the prices of gold and silver. 186 00:09:57.919 --> 00:10:01.440 Day. Yeah, yeah, I just yesterday I went back on looked, 187 00:10:01.600 --> 00:10:04.200 I wonder if we're in the UH in the territory 188 00:10:04.279 --> 00:10:09.320 of not worth the continental yet, so I can look 189 00:10:09.360 --> 00:10:11.799 to see what had happened to the value of the 190 00:10:11.840 --> 00:10:16.000 continental during the during the war revolutionary war, and it 191 00:10:16.080 --> 00:10:19.039 went They started out, you know, referring it to the 192 00:10:19.080 --> 00:10:22.559 Spanish dollar, which was out of gold or silver, right 193 00:10:22.639 --> 00:10:26.600 and they made a few continentals that were made out 194 00:10:26.600 --> 00:10:28.639 of silver. And by the way, those are worth a 195 00:10:28.639 --> 00:10:31.639 lot right now because of you know, historical value and 196 00:10:31.679 --> 00:10:33.679 that type of thing. They've had some of them sell 197 00:10:33.679 --> 00:10:36.480 it like one and a half million dollars for one 198 00:10:36.600 --> 00:10:40.799 continental dollar because of collectible type of thing. But and 199 00:10:40.840 --> 00:10:43.639 there were also some pewter and brass versions of those, 200 00:10:43.639 --> 00:10:46.480 and those are selling for tens or hundreds of thousands 201 00:10:46.480 --> 00:10:50.080 of dollars as well. But the actual paper that's there, 202 00:10:50.120 --> 00:10:53.200 even though it may have some historical value, the paper 203 00:10:53.480 --> 00:10:57.120 right away dropped to one one thousandth of its value. 204 00:10:57.600 --> 00:11:00.960 So in other words, the dollar quickly became one tenth 205 00:11:01.039 --> 00:11:06.240 of a cent the paper continental dollars. We're not quite 206 00:11:06.240 --> 00:11:10.360 there yet. We have lost since the since Federal Reserve 207 00:11:10.480 --> 00:11:13.159 was created. You know, prior to that, we'd been on 208 00:11:13.200 --> 00:11:15.840 the gold standard for a very long time, many many decades. 209 00:11:16.720 --> 00:11:21.440 But since the Federal Reserve was created, we have lost 210 00:11:21.679 --> 00:11:24.440 ninety seven percent of the value of the dollar in 211 00:11:24.519 --> 00:11:28.919 terms of purchasing power. So we're not quite in continental yet, 212 00:11:29.120 --> 00:11:30.799 but just wait, that may be coming. 213 00:11:30.919 --> 00:11:34.200 Right, We're very close if you look at this, some 214 00:11:34.399 --> 00:11:37.200 astonishing metrics if you just use a calculator. In a 215 00:11:37.200 --> 00:11:41.399 little bit of history, you go back to nineteen thirty three, 216 00:11:41.879 --> 00:11:45.840 right before Franklin Roosevelt had that executive order about turning 217 00:11:45.879 --> 00:11:47.559 in your gold and you look at a twenty dollars 218 00:11:47.559 --> 00:11:50.799 gold piece. That was twenty dollars, So think about this 219 00:11:50.840 --> 00:11:54.360 is twenty dollars in nineteen thirty three. It's basically an 220 00:11:54.440 --> 00:11:56.879 ounce of gold. It's point ninety six seventy five ounces. 221 00:11:56.919 --> 00:11:58.360 It's the way that it was set up on our 222 00:11:58.399 --> 00:12:02.240 gold silver ratio. Twenty dollars gold piece was basically an 223 00:12:02.240 --> 00:12:05.159 ounce of gold. So today that's around forty eight hundred 224 00:12:05.240 --> 00:12:10.320 dollars at spot. That's what twenty dollars was in nineteen 225 00:12:10.480 --> 00:12:14.360 thirty three. So the issue is the expansion of the 226 00:12:14.399 --> 00:12:18.200 money supply. That's the magic trick. Like it's the gold 227 00:12:18.240 --> 00:12:22.320 retained its value, it's the twenty dollars that went into oblivion. 228 00:12:22.440 --> 00:12:25.639 And that's that's the That's that ninety seven percent that 229 00:12:25.679 --> 00:12:28.559 you're talking about. And honestly, I don't think that we've 230 00:12:28.600 --> 00:12:33.159 reached a point yet where that the true loss of 231 00:12:33.240 --> 00:12:37.600 value has been exposed relative to the money supply. I 232 00:12:37.639 --> 00:12:40.639 think that it's worse than it. I mean, think about 233 00:12:40.679 --> 00:12:43.879 all of the liquidity that's trapped in these markets, are 234 00:12:43.960 --> 00:12:47.759 so called investments and other things that isn't real. And 235 00:12:47.919 --> 00:12:50.279 you know, you talk about this stuff, that's that's papered 236 00:12:50.320 --> 00:12:54.759 over or has been propped up that by the Central Bank. 237 00:12:54.840 --> 00:12:58.279 And so I don't think that we're there yet as 238 00:12:58.320 --> 00:13:01.720 far as like a complete exposure or like in the reset, 239 00:13:02.120 --> 00:13:04.039 but it's going to be found, like the true value 240 00:13:04.080 --> 00:13:06.799 is going to be found in these commodities, and we're 241 00:13:06.840 --> 00:13:09.360 seeing this is the beginning of that, and there's no 242 00:13:09.519 --> 00:13:12.919 going back. Like I've had people call and say, hey, 243 00:13:12.919 --> 00:13:16.799 I'm gonna pause my subscription until prices come down. I 244 00:13:16.840 --> 00:13:19.519 don't you know. I love you, but I don't and 245 00:13:19.559 --> 00:13:22.039 I'm not. This isn't even like an infomercial. I just 246 00:13:22.080 --> 00:13:24.960 don't believe that's going to happen, and if it does, 247 00:13:26.360 --> 00:13:28.879 it will be probably something really bad, Like I don't 248 00:13:28.919 --> 00:13:30.799 know if you'll be able to use the banking system. 249 00:13:31.159 --> 00:13:31.679 I don't know. 250 00:13:32.200 --> 00:13:37.480 There's some there's something inherently, you know, I think solidified 251 00:13:38.519 --> 00:13:39.320 in this run. 252 00:13:39.919 --> 00:13:44.240 Well, I think the analogy here, I think back to 253 00:13:44.279 --> 00:13:47.039 the Warner Brothers cartoons right where he had Wiley Coyote 254 00:13:47.080 --> 00:13:49.320 and he goes running off the cliff and he keeps 255 00:13:49.360 --> 00:13:51.679 going for a while until he looks down at ease 256 00:13:51.720 --> 00:13:54.639 that there's nothing there, and then after that realization he 257 00:13:54.720 --> 00:13:57.240 drops like a rock, and I think that's really what 258 00:13:57.279 --> 00:14:00.440 we're talking about. People are going along running on this 259 00:14:00.600 --> 00:14:05.360 fiction of fiat currency, and at some point people going 260 00:14:05.399 --> 00:14:08.519 to realize that there's nothing to it, and then everything 261 00:14:08.559 --> 00:14:10.919 is going to drop like a rock. And then you're 262 00:14:10.919 --> 00:14:14.480 going to have this massive boulder of forty trillion or 263 00:14:14.519 --> 00:14:16.840 fifty trillion or whatever it is. At that point, it's 264 00:14:16.879 --> 00:14:19.480 going to be following us all the way down to 265 00:14:19.519 --> 00:14:21.399 smash this. When we hit the bottom, you know, it's 266 00:14:21.440 --> 00:14:23.480 a that's gonna be a wild coyote moment. 267 00:14:24.000 --> 00:14:27.679 You're absolutely right, you know, the the arc Buckminster Fuller quote. 268 00:14:27.679 --> 00:14:29.480 People cannot get out of the way of what they 269 00:14:29.480 --> 00:14:32.960 don't see coming. Yeah, it's just always been some kind 270 00:14:33.000 --> 00:14:36.320 of stability thing, or we've bounced back, or you've had 271 00:14:36.320 --> 00:14:38.840 a you know, end of the nineteen seventies moved by 272 00:14:38.879 --> 00:14:41.360 the FED to raise interest rates to the teens to 273 00:14:41.519 --> 00:14:44.200 just get it wrap its arms around inflation. Of course, 274 00:14:44.240 --> 00:14:47.000 take you could take out the Hunt family for exposing 275 00:14:47.120 --> 00:14:49.559 how week the dollar was through silver and stop the 276 00:14:49.600 --> 00:14:52.639 speculation and do the do the manipulation of markets of 277 00:14:52.679 --> 00:14:55.759 gold like they did for so long, and then all 278 00:14:55.759 --> 00:14:57.960 of a sudden central banks start start buying gold, and 279 00:14:58.480 --> 00:15:01.240 this becomes weaponized again the dollar, and that's what we're 280 00:15:01.240 --> 00:15:03.759 seeing and it's really you can't do those can't fix 281 00:15:03.799 --> 00:15:07.399 those things anymore, and you can't paper over silver anymore. 282 00:15:07.519 --> 00:15:11.159 Good luck. There's too many eyes on it. It's it's 283 00:15:11.240 --> 00:15:15.639 become again, it's become part of the fourth dimensional warfare, 284 00:15:15.960 --> 00:15:18.919 you know, nation state currency wars. So it's fixed that 285 00:15:19.159 --> 00:15:22.320 this market is permanent with the way we are right now, 286 00:15:22.320 --> 00:15:25.399 like we're not going back to fifteen dollars twenty dollars 287 00:15:25.399 --> 00:15:28.440 silver or thirty dollars silver. I don't see it. I 288 00:15:28.440 --> 00:15:30.679 don't see how you could possibly sell off like that, 289 00:15:30.919 --> 00:15:36.480 and especially knowing that there's you know, the metrics, the 290 00:15:36.519 --> 00:15:39.559 statistics out there are alarming, like you know, the seventy 291 00:15:39.679 --> 00:15:42.000 five percent or so of the silver that hits the 292 00:15:42.440 --> 00:15:46.960 supply is coming from from companies mining nickel and copper. 293 00:15:47.039 --> 00:15:50.399 It's like a sideshow like they and so as if 294 00:15:50.440 --> 00:15:54.279 the economy suffers and there's less need for copper or nickel, 295 00:15:54.440 --> 00:15:57.039 there's not going to be as much silver because it's 296 00:15:57.080 --> 00:16:00.600 it's something that they just mine on top of what 297 00:16:00.639 --> 00:16:04.200 they're already looking for. And so it's we're years out 298 00:16:04.320 --> 00:16:07.480 from because silver was so low for so long, it 299 00:16:07.559 --> 00:16:11.240 didn't support mining companies. So there's like the very little 300 00:16:11.279 --> 00:16:14.679 silver mining going on. They cannot reach the levels that 301 00:16:14.759 --> 00:16:20.240 are needed for demand. And then you have not We've 302 00:16:20.279 --> 00:16:23.080 had a definite area. We've had defits of like six years, 303 00:16:23.080 --> 00:16:26.080 haven't we. It's been yeah, hundreds of millions of ounces 304 00:16:26.399 --> 00:16:28.840 that had be taken from the above ground supply, and 305 00:16:28.879 --> 00:16:31.919 it's bottlenecked everywhere. David, like, I had to stop buying 306 00:16:31.919 --> 00:16:34.039 sterling again because there's nowhere to melt it, and nobody 307 00:16:34.080 --> 00:16:38.159 will take it at any price. Like everything's bottlenecked. And 308 00:16:38.200 --> 00:16:43.080 the same thing with the big trading houses. You want 309 00:16:43.120 --> 00:16:47.159 to like, my job has become like my subconscious like 310 00:16:47.519 --> 00:16:49.840 solves problems in my head while I asleep because I 311 00:16:50.039 --> 00:16:51.039 have to get up. And the more like do we 312 00:16:51.039 --> 00:16:53.519 clear this? You know, like the amount of stuff clearing 313 00:16:53.639 --> 00:16:56.320 because of the amount of selling, and then the bottlenecks 314 00:16:56.320 --> 00:16:58.960 of it is. I know that it's across the board. 315 00:16:58.960 --> 00:17:01.399 It has to be industry. Why that A lot of 316 00:17:01.440 --> 00:17:04.160 operators are like, how do I even navigate this? Because 317 00:17:04.519 --> 00:17:08.359 it is so uncertain, and yet the prices continue to rise. 318 00:17:08.799 --> 00:17:12.039 That's the tell. That's the tell but something else is 319 00:17:12.039 --> 00:17:12.599 afoot here. 320 00:17:12.599 --> 00:17:13.839 It's absolutely right. 321 00:17:14.200 --> 00:17:17.799 You're doing in an economy that's already in the hyperinflation, 322 00:17:18.720 --> 00:17:19.880 dealing in silver and gold. 323 00:17:19.960 --> 00:17:20.200 Yeah. 324 00:17:20.359 --> 00:17:22.440 You know, we talk all the time about that Hemmingway quote. 325 00:17:22.440 --> 00:17:25.759 How does somebody that's very wealthy go bankrupt? And he said, well, gradually. 326 00:17:25.799 --> 00:17:28.759 And then suddenly there's another quote that I went to 327 00:17:28.880 --> 00:17:34.759 Panasa this weekend and the fact that Hemingway said, we're 328 00:17:34.799 --> 00:17:37.599 looking at these corrupt empires. What they first do is 329 00:17:37.640 --> 00:17:40.319 they try to inflate everything. It's all things with inflation. 330 00:17:40.440 --> 00:17:43.200 The next thing, when that doesn't work, they take you 331 00:17:43.279 --> 00:17:46.160 to war. And boy, I tell you, is that not 332 00:17:46.519 --> 00:17:51.240 Trump in a nutshell infliction and war? It's just yeah, 333 00:17:51.279 --> 00:17:54.119 he is the guy that they've hand picked to lead 334 00:17:54.160 --> 00:17:56.200 the sheeple into this whole situation. 335 00:17:56.279 --> 00:18:00.359 I think, oh, the lizard class always does this. Give 336 00:18:00.400 --> 00:18:03.480 us somebody like like Woodrow Wilson is, like, you know, 337 00:18:03.519 --> 00:18:06.200 he ran in nineteen sixteen. He kept us out of war. 338 00:18:06.400 --> 00:18:08.319 You know what's the first thing he does in nineteen 339 00:18:08.400 --> 00:18:11.960 seventeen takes office, puts us in a war. You know, 340 00:18:11.960 --> 00:18:14.319 he puts his back dab in the middle of the war. 341 00:18:14.599 --> 00:18:17.279 You know, it's every single time. You know, Franklin Roosevelt, 342 00:18:17.319 --> 00:18:20.599 you know, in his what was his third term, comes 343 00:18:20.599 --> 00:18:22.720 out as like I've seen war, and I hate war, 344 00:18:22.799 --> 00:18:25.000 and your boys will not be sent to another you know, 345 00:18:25.079 --> 00:18:28.279 European war. The first thing he does is get us 346 00:18:28.319 --> 00:18:32.480 into a war, like he's it's the same. And I 347 00:18:32.519 --> 00:18:35.720 hate saying that because you know so much of what 348 00:18:35.799 --> 00:18:38.519 Trump ran on in twenty sixteen. It animated me. You know, 349 00:18:38.519 --> 00:18:40.960 it's thirty six I go, Okay, finally somebody's saying this 350 00:18:41.039 --> 00:18:43.680 is stuff that I ran on when I ran for Congress, 351 00:18:43.680 --> 00:18:46.279 and I'm like, okay, this he took the populace playbook. 352 00:18:46.319 --> 00:18:48.640 I could see he kind of mixed a little Ron 353 00:18:48.720 --> 00:18:51.359 Paul with Pat Buchanan, and then I could see that. 354 00:18:51.359 --> 00:18:52.119 It was tap. 355 00:18:52.200 --> 00:18:56.079 I said, this is good, but it's just it's all 356 00:18:56.119 --> 00:18:59.400 smoking mirrors because we're not We don't have and look 357 00:18:59.400 --> 00:19:02.720 at just look at our foreign policies schizophrenic. We kidnapped people, 358 00:19:03.200 --> 00:19:07.200 we don't, I mean, we bomb other nations on behalf 359 00:19:07.240 --> 00:19:08.079 of other nations. 360 00:19:08.400 --> 00:19:10.519 I think it's very telling that the people who hated 361 00:19:10.599 --> 00:19:13.759 him so much at the beginning, you know, now really 362 00:19:13.799 --> 00:19:14.160 love him. 363 00:19:14.160 --> 00:19:15.039 They're the biggest support. 364 00:19:15.079 --> 00:19:17.640 Actually, right, that's the tell because he's flipped right, you know, 365 00:19:17.839 --> 00:19:20.319 And it's one thing for you know, we look at 366 00:19:20.319 --> 00:19:24.279 a candidate that doesn't have any record like Trump, and 367 00:19:24.319 --> 00:19:26.599 that was another thing for them. They brings some guy out, 368 00:19:26.640 --> 00:19:28.480 he's a celebrity, but he doesn't have any records, so 369 00:19:28.480 --> 00:19:30.240 they don't really know what he's going to do. But 370 00:19:31.119 --> 00:19:33.319 it's very easy for them to go out and say 371 00:19:33.359 --> 00:19:34.960 this is what I think about this, and they can 372 00:19:35.000 --> 00:19:38.400 have the right perspective, They can have the right perspective 373 00:19:38.440 --> 00:19:41.240 about every issue, but then you have to see what 374 00:19:41.279 --> 00:19:44.359 they actually do. And so that's why, you know, I 375 00:19:44.400 --> 00:19:47.720 couldn't support Trump a second time, especially after twenty twenty. 376 00:19:48.240 --> 00:19:51.359 That was just unprecedented what happened with that, with the lockdown, 377 00:19:51.359 --> 00:19:53.799 all the rest, And I knew that that was the 378 00:19:53.880 --> 00:19:57.000 deep state plan that they've been practicing for twenty years. 379 00:19:57.079 --> 00:20:00.359 If that doesn't tell you that Trump is deep state nothing, well, 380 00:20:01.000 --> 00:20:03.000 and so yeah, that's where we are right now. 381 00:20:03.480 --> 00:20:06.359 Well, I think we're it's very dangerous times. If you 382 00:20:06.400 --> 00:20:09.920 think this is normal behavior by the powers that be, 383 00:20:10.359 --> 00:20:11.839 I mean, you need to read a little bit. You 384 00:20:11.839 --> 00:20:13.839 need to sit with that and pray about it because 385 00:20:13.839 --> 00:20:15.960 I don't think that I don't think that we've behaved 386 00:20:16.160 --> 00:20:19.160 like this. There's other empires that behave kind of like 387 00:20:19.200 --> 00:20:22.559 we are behaving, But there's no real example of some 388 00:20:22.960 --> 00:20:25.599 a nation with our power and standing that has declined 389 00:20:25.640 --> 00:20:29.559 as rapidly as we have and also is making plans 390 00:20:29.880 --> 00:20:34.079 for something like. We can clearly see that we're setting 391 00:20:34.079 --> 00:20:37.319 something up, whether hemispheric. I don't know if it's related 392 00:20:37.359 --> 00:20:39.759 to the Wolf Wis Memorandum in nineteen ninety two. We're 393 00:20:39.759 --> 00:20:42.680 setting up, you know, the thing with Venezuela looking at 394 00:20:42.680 --> 00:20:46.920 Greenland like whatever Greenland means to us. There's there's a 395 00:20:47.000 --> 00:20:50.119 lot going on here, and I mean, ultimately it's it's 396 00:20:50.160 --> 00:20:51.680 God's world. I mean, you got to leave it up 397 00:20:51.680 --> 00:20:52.119 to God. 398 00:20:52.200 --> 00:20:55.440 Well, I think there's a lot of pointers going back 399 00:20:55.480 --> 00:20:58.000 to the technocracy. Of course, you know, you look at 400 00:20:58.000 --> 00:20:59.680 the map that he's got there and either but it's 401 00:20:59.720 --> 00:21:02.440