Speaker 1: All right.
Speaker 2: Joining us now is Tony Ardaban of why is Wolf Gold?
Speaker 2: And Tony has kindly set up David Knight dot Gold
Speaker 2: that'll take you to wise Wolf and let him know
Speaker 2: that she came to us. It's a great place to
Speaker 2: get gold and silver. Now is a great time to
Speaker 2: accumulate gold and silver, as we've been talk about. We're
Speaker 2: gonna talk a little bit more about that now. What
Speaker 2: is happening economically, and of course wolf Pack, which is
Speaker 2: something unique that Tony offers. It's a large buying group
Speaker 2: that you can help. Helps you to get a discount
Speaker 2: and also sign up for a fixed amount each month.
Speaker 2: Let you do cost averaging and gradually save and gradually
Speaker 2: start to get outside of this fiat system.
Speaker 1: Thanks for joining us, Tony. It's great to be here. David.
Speaker 1: Good to see you, Good to have you on.
Speaker 2: Let you know I saw this the other day and
Speaker 2: I mentioned this to you when off air, Bablin b
Speaker 2: said Ron Paul has decorated for Halloween by putting up
Speaker 2: the spooky National Debt counter in his front yard. Someone said,
Speaker 2: I have trouble walking by his house alone anymore. I
Speaker 2: almost fainted when I saw the thirty five trillion dollars
Speaker 2: a couple hours ago this evening, and it's added even
Speaker 2: more while I've been standing here talking. It's scaring all
Speaker 2: the neighborhood kids. Well, they're the ones who are gonna
Speaker 2: have to pay for.
Speaker 1: It, aren't they. That's exactly right.
Speaker 3: It's the looming demonic ghosts of Christmas future.
Speaker 1: Like a Christmas Carol.
Speaker 3: You know, you get that, that's the final ghost, the
Speaker 3: ghost of Christmas future. And you know, you look at
Speaker 3: statements from people like Dick Cheney.
Speaker 1: Remember the deficits don't matter.
Speaker 3: Remember that statement back I think circa two thousand and four.
Speaker 2: So one of the pioneers of modern monetary theory right there,
Speaker 2: Dick Cheney, who knew that he was such a genius.
Speaker 3: Right, Well, we're going to test all of the Canesyan models.
Speaker 1: We're testing that right now.
Speaker 3: I mean, we've been in an experiment, a live experiment,
Speaker 3: since nineteen seventy one when we went off the gold standard,
Speaker 3: free floating fiat currency. The live span of those currencies
Speaker 3: is generally twenty six years. We've double because of the
Speaker 3: World's reserve currency. But again, every week we come on,
Speaker 3: we talk about dedollarization, and that's happening rapidly or losing
Speaker 3: that status, so that won't go on forever.
Speaker 2: Yeah, yeah, that's right. And of course since we weaponized it,
Speaker 2: it isn't just I think things are going to accelerate
Speaker 2: because after Biden weaponized our financial system against his enemies.
Speaker 1: They're not my enemies, but against his enemies.
Speaker 2: Since he did that, they have been very focused on
Speaker 2: coming after our financial system because that is the federal
Speaker 2: government's superpower. That's how they manipulate us here domestically, and
Speaker 2: it's how they manipulate things globally, and so that is
Speaker 2: you know, these people understand how vital that is to
Speaker 2: American power, and they're going to do everything they can
Speaker 2: to shut that down. I talked yesterday about somebody who
Speaker 2: went through hyperinflation in Lebanon and what a horrific experience
Speaker 2: that was. From a personal standpoint, I'm afraid we're looking
Speaker 2: at something like that. In that particular article, the guy
Speaker 2: who wrote it was a bitcoin aficionado, but you know,
Speaker 2: gold and silver that is a physical way to get
Speaker 2: outside of a fiat system. And as he pointed out,
Speaker 2: and as you said so many times, all fiat systems
Speaker 2: are essentially going to go to zero at some point
Speaker 2: in time. It's just a question of when.
Speaker 3: Twenty twenty two it seems to be the tipping point.
Speaker 3: You look back through the timeline Russia invades Ukraine, you
Speaker 3: can argue, if you know anything about history, that it
Speaker 3: was provoked. That's what that NATO wanted, the Western Powers wanted.
Speaker 3: As soon as they did that, the West moves with
Speaker 3: even more sanctions and seizing Russian assets, and that saw
Speaker 3: the dip of the rublel and the ruble dipped for
Speaker 3: a while, looked like was their currency was going to break,
Speaker 3: and then all of a sudden they made some announcements.
Speaker 3: One their finance minister said they were no longer take dollars.
Speaker 3: They said it was candy wrappers. And then they said
Speaker 3: they were going to back the ruble with so many
Speaker 3: grams of gold or some sort of ram gold system
Speaker 3: where you could turn it in for that. The ruble rebounded,
Speaker 3: and after that, really you saw the massive acceleration in
Speaker 3: d dollarization, which was I mean went from like fifty
Speaker 3: five percent of global usage down to like forty two
Speaker 3: percent of global uses for the dollar, and it was
Speaker 3: very quick, and that cross border payments increased using gold,
Speaker 3: using crude oil. Since then, will We've seen Saudi Arabia
Speaker 3: join bricks, the United Air Emirates, Ethiopia, several others, and
Speaker 3: there's got twenty five other countries that are in the
Speaker 3: periphery to join bricks. And that's because of the sanctions
Speaker 3: that were placed on countries like Russia. But it's it's
Speaker 3: like forty different sanctions on thirty six different countries.
Speaker 1: That's probably increased since I used that figure.
Speaker 3: I've been throwing it around for eighteen months, so it's
Speaker 3: probably increased since then. And we've given billions and billions
Speaker 3: of seized Russian assets to Ukraine. You know, this is
Speaker 3: supposed to be settled in the International court, and they're
Speaker 3: supposed to be.
Speaker 1: Due process and another that's all out the window.
Speaker 3: So the other countries took notice, and that's why they're
Speaker 3: forming these coali even inside bricks, which you know, India
Speaker 3: and China not friends.
Speaker 1: In breaks, right. You know, the enemy of my enemy
Speaker 1: is my friend.
Speaker 3: I think this the I think the bullying by the
Speaker 3: United States, the weaponization of the dollar has major blowback
Speaker 3: and the consequences. We just we lost the petro dollar recently,
Speaker 3: which you and I have discussed it didn't get a
Speaker 3: lot of coverage it should have.
Speaker 2: If Saudi's not going to exclusively take payment in the dollar,
Speaker 2: that's it. It's done, and they've started taking payment in
Speaker 2: other currencies, and so the petro dollar is dead. And
Speaker 2: so of Biden's policies, you know, the Biden cartel, with
Speaker 2: their sanctions and things like that, Russia responded, as you
Speaker 2: point out, by taking payment in gold. And then they said,
Speaker 2: and oh, by the way, you know, we will cut
Speaker 2: prices by thirty percent, and they still wound up making
Speaker 2: a lot more money and additional three hundred billion dollars
Speaker 2: more than they would have made over a very short
Speaker 2: period of time because the price of oil skyrocketed because
Speaker 2: the US's action, so they could cut their price thirty percent,
Speaker 2: take payment and gold instead of American dollars, and still
Speaker 2: have a windfall profit. And essentially the same thing has
Speaker 2: happened with natural gas. Even though they blew up those
Speaker 2: two pipelines going into Germany, there is still more natural
Speaker 2: gas coming from Russia than it is from the US.
Speaker 2: It's been an absolute failure. Everything that the American Empire
Speaker 2: has done has failed militarily and economically, and yet it's
Speaker 2: going to have tremendous blowback on us domestically.
Speaker 3: You know, the rest of the world isn't buying what
Speaker 3: we're selling, you know, a buy and sell under our system.
Speaker 3: If you deviate, we punish you and you have to
Speaker 3: use this debt ridden US dollar that we continue to
Speaker 3: expand the money supply with to pay for our bloated empire.
Speaker 3: The rest of the world said no. And that's that's
Speaker 3: what bricks is all about. And you really see, I
Speaker 3: think the underlying current, and what doesn't get talked about
Speaker 3: a lot, is the massive move to commodities in general,
Speaker 3: whether we're talking about gold or silver, I'm aut crude, oil, energy, copper,
Speaker 3: you know, mining all this. That's what the Belton Road
Speaker 3: initiative really was about, you know, natural resources. And but
Speaker 3: that's what the other countries are doing. They're moving towards commodities.
Speaker 3: We continue to try to dominate, you know, hegemonic dominance
Speaker 3: with the US dollar and the American military, and that
Speaker 3: is waning. You could, it's really happening faster than than
Speaker 3: I thought, David. I thought we had some years and
Speaker 3: years left. I don't think we do. I mean, it's
Speaker 3: especially after losing the Petro dollar, and there's something to
Speaker 3: that because nobody put up a fight in Washington. There
Speaker 3: was no like summit or can we fix this, or
Speaker 3: you know, an extension or anything.
Speaker 1: That just literally just let it lapse.
Speaker 3: And you see the rest of the world they continue
Speaker 3: to grab up, you know, commodities, and that's that's really
Speaker 3: in the face of what's happening with fiat currency worldwide
Speaker 3: and especially the dollar.
Speaker 1: There's just a change. There's a change on the horizon.
Speaker 1: I think these other countries obviously they know that they're
Speaker 1: running the simulation.
Speaker 2: Yeah, well, you know all these Western countries that kind
Speaker 2: of collectively comprise NATO, the Group of Seven and all
Speaker 2: the rest of them. You know, the US is nothing
Speaker 2: but a kleptocracy anymore. They wanted to steal all the
Speaker 2: Russian stuff, and even the European countries said no, no, no, no,
Speaker 2: we're not going to dis confiscate all that. Will take
Speaker 2: will take the interest that's being earned and give that
Speaker 2: to Ukraine, but we're not going to take all those
Speaker 2: hundreds of billions of dollars out of that. But you know,
Speaker 2: the criminal US government, as we have seen with all
Speaker 2: of these European countries, is weaponized against its own people
Speaker 2: and against its own system. You can look at this
Speaker 2: say this doesn't make any sense unless you realize what
Speaker 2: the bigger agenda is for the globalists, and that is
Speaker 2: to take down Western civilization, to return us back to
Speaker 2: some kind of a feudal system that is under the technocracy.
Speaker 2: That that is what makes sense. That's why they're not
Speaker 2: doing anything to try to stop this, and that's why
Speaker 2: you need to get out of their system. They're pushing
Speaker 2: everybody towards a system of austerity, poverty, and total surveillance
Speaker 2: and control. That's why I like have physical, something that's physical,
Speaker 2: like gold and silver that's outside of their system. We
Speaker 2: have to have a little bit of that at least,
Speaker 2: can't get one percent.
Speaker 3: Yeah, And I think where we all get in trouble
Speaker 3: is we have normalcy bias, all of us do. I
Speaker 3: don't care how much you know about this or how
Speaker 3: much you research, because you you you've got muscle memory
Speaker 3: from living and you know, going to the decades past. Unfortunately,
Speaker 3: all that's off the table, and we have to be
Speaker 3: a lot more nimble, a lot to have the ability
Speaker 3: to adapt faster.
Speaker 1: You know, my friend Charlie Robinson wrote.
Speaker 3: A book called The Controlled Demolition of the American Empire,
Speaker 3: along with Jeff Berwick.
Speaker 1: I've read that book and I.
Speaker 3: Mean various students, very very prescient because it was written
Speaker 3: a few years ago, and just see the acceleration of
Speaker 3: everything going on with the American Empire, the American dollar,
Speaker 3: of the American economy, and so you know, we have
Speaker 3: to to channel our buck metstro Fuller said, people cannot
Speaker 3: get out of the way of what they don't see coming.
Speaker 3: It doesn't look you know, if you if you're following mainstream,
Speaker 3: it just seems like well that you know, the stock
Speaker 3: market continues to be all time highs, and you know
Speaker 3: we've lowered interest rates, so you know, there's cheap money
Speaker 3: out there, and every happy days are here again. I
Speaker 3: think what we have is to continue to inflate these
Speaker 3: bubbles larger and larger. There was an interview by up
Speaker 3: on lou Rockwell dot Com with Doug Casey. He said
Speaker 3: the same thing, you know, at the end of the day,
Speaker 3: just continue to inflate this bubble so that when it
Speaker 3: pops with all of these uh you know, these metrics
Speaker 3: and models based off of earnings and all these things
Speaker 3: that I don't think are real. When that pops and
Speaker 3: when it when it collapses in on itself, we're going
Speaker 3: to see a real problem economically here in this country.
Speaker 3: It's going to start, I mean it's probably going to
Speaker 3: start in the periphery and the it's going to come
Speaker 3: home and a lot of those dollars will be repatriated,
Speaker 3: will continue to lose purchasing power in the dollar.
Speaker 1: That's just a given.
Speaker 3: And again, the world's moving to commodities and we're still
Speaker 3: pumping up the stock market.
Speaker 2: I think there's going to be a reckoning sooner or later. Yeah,
Speaker 2: And when you look at it, you talk about I
Speaker 2: don't believe these things are real. Just take a look
Speaker 2: at the jobs report, which is supposedly the basis for
Speaker 2: them saying, well, even though the Fed cut interest rates,
Speaker 2: we're going to raise mortgage rates, actually raise mortgage rates.
Speaker 2: How they justify it, Well, you know, we've got this
Speaker 2: Bureau of Labor Statistics. I think the L doesn't stand
Speaker 2: for labor. I think it stands for lying. And the
Speaker 2: Bureau of Lying Statistics, the people who told us that
Speaker 2: just told us that they had inflated the report by
Speaker 2: over eight hundred thousand jobs, the second largest false report
Speaker 2: that they've ever had, and of course they're always doing
Speaker 2: it as a false report and revising everything the next
Speaker 2: quarter to make trends look good. But they put out
Speaker 2: this jobs report and Wall Street is so excited about
Speaker 2: all of it. Zero Hedge says, if you look at
Speaker 2: the jobs report, you find that there's a record surge
Speaker 2: of government workers. So it's not even it's not even
Speaker 2: real growth. This is parasitic growth. And it's a record
Speaker 2: growth of government workers. If that's even real. You know,
Speaker 2: they can lie about that and put that in there,
Speaker 2: but that's what they're lying about. And now you know,
Speaker 2: banks raise the interest rates yet again. Even though we've
Speaker 2: got this big spread in which they're as the Fed
Speaker 2: drops her interest rates, they keep raising the rates that
Speaker 2: they charge other people. And then you got Wall Street
Speaker 2: all excited about this. It's absolutely fake to try to
Speaker 2: get people think that Bidenomics works, and you know, it's
Speaker 2: all just a stack of lies. It's absolutely amazing that
Speaker 2: it's having this effect.
Speaker 3: Well, maybe they'll bring back wasn't it FDR had the
Speaker 3: NRA the National Relief Authority or was it agency? I
Speaker 3: forget which one of the A stood for. But that's
Speaker 3: where they just had all these shovel ready jobs, and
Speaker 3: you know that they would they increase the money supply
Speaker 3: because Franklin Roosevelt said, turn in your gold and we'll
Speaker 3: replace it, will give you this, you know, twenty dollars.
Speaker 3: Turn in your twenty dollars gold piece, will give you
Speaker 3: twenty dollars in fiat currency. And then they sold all
Speaker 3: the gold or they got rid of it and went
Speaker 3: to Boslo, Switzerland, and they raised the price of goal
Speaker 3: from twenty dollars an out to thirty five dollars an out.
Speaker 3: So that's what happened to the money supply in nineteen
Speaker 3: thirty three into the Great Depression.
Speaker 1: How'd that work out? It didn't.
Speaker 3: Both again, they prolonged the depression. It went in until
Speaker 3: World War Two. You know, they had basically inflated their
Speaker 3: way out of it. So you know, again, I think
Speaker 3: that's what the lessons learned by governments and you know
Speaker 3: Canesy and then the modern monetary theory is we'll just
Speaker 3: inflat our way out. If you don't understand, especially now
Speaker 3: that we don't, it's not even technically backed by anything
Speaker 3: like it was technically back by in nineteen thirty three
Speaker 3: to nineteen seventy one was gold. The dollar is going
Speaker 3: to lose massive purchasing power in all of these moves,
Speaker 3: these austerity moves, because they're going to have to keep
Speaker 3: remember what Bloomberg.
Speaker 1: Said, we got to figure out a way to.
Speaker 3: Keep them from putting this taking us to the guillotine,
Speaker 3: you know, so they know that they have to do
Speaker 3: something because there's going to be a massive loss of
Speaker 3: wealth here in the We're.
Speaker 1: Talking about FDR having shovel ready jobs.
Speaker 2: I think that's basically what's going on with these government workers,
Speaker 2: and you know what they're shoveling, don't you? Government workers?
Speaker 2: Sore is the most on record, and we've never seen
Speaker 2: anything like that.
Speaker 1: And so.
Speaker 2: You know, when you look at what is happening as
Speaker 2: these things are starting to come back, there are things
Speaker 2: that are solid. There are ways that we can get
Speaker 2: make some preparations outside of this. And just as we
Speaker 2: see with the weather storms, these kind of financial storms,
Speaker 2: the wars, and also you know, going back to what
Speaker 2: is happening with CBDC and other things like that, Russia, Israel,
Speaker 2: others are still manically pursuing this cashless society CBDC. But
Speaker 2: you talked about Russia and the fact that they're looking
Speaker 2: towards silver now more talk a little bit about that.
Speaker 3: This is a I think this is a major story
Speaker 3: that again I find all these little stories and I go, wow,
Speaker 3: I can't believe this isn't on every network. The Jerusalem
Speaker 3: Posts put it out, but it's Russia is set to
Speaker 3: boost silver reserves in major precious metals strategy shift. Russia
Speaker 3: shifts it's precious metal strategy, adding silver to state reserves
Speaker 3: alongside gold, platinum, and palladium. By the way, they're buying
Speaker 3: all of those things, not just silver. But this is
Speaker 3: this has not happened in a very long time, David.
Speaker 3: If you read the history of precious metals like I do,
Speaker 3: you know at one time China was really the world's
Speaker 3: leader in silver. I mean, Mexico produces the most, but
Speaker 3: China was the world's leader in silver.
Speaker 1: They you know, they imported it, they use it as currency.
Speaker 1: It was very big.
Speaker 3: And then of course after the Communists takeover that a
Speaker 3: lot of that went out the window. And even gold
Speaker 3: was banned for for a long time in China. Mean,
Speaker 3: they still wanted it at the government, but it was banned,
Speaker 3: but abused to the people and used in the economy.
Speaker 3: So this is a major shift in my opinion. They
Speaker 3: must be looking obviously looking at the future like a
Speaker 3: lot of us look at you know, the just the
Speaker 3: metrics of silver itself. It doesn't make it any sense
Speaker 3: the way it's priced right now. I mean, just given
Speaker 3: geologically historically, even the market caps of gold and silver
Speaker 3: don't make any sense. It takes what eighty five ounces
Speaker 3: of silver to make one ounce of gold. You go
Speaker 3: and look at another metric, which I think is even
Speaker 3: more interesting, which is about eight hundred and twenty four
Speaker 3: million ounces are mined in silver this year, so that's
Speaker 3: what it's estimated.
Speaker 1: That's down one percent over last year.
Speaker 3: So, you know, and most of silver mining is it
Speaker 3: just happens to be that they're mining copper and they
Speaker 3: pull silver, they're mining gold, they pull.
Speaker 1: They're not going just after silver.
Speaker 3: So that and it's so it's so cheap that it's
Speaker 3: not profitable to mine. So you have, you know, a
Speaker 3: certain amount that hits the market every year, but what's
Speaker 3: been happening year after year is you have hundreds of
Speaker 3: millions of ounces that are deficits. So it's estimated to
Speaker 3: this year it's going to be over two hundred million
Speaker 3: ounces again of deficit. So everything that's ordered on the
Speaker 3: market they have to take two hundred million ounces is
Speaker 3: out of the above ground supply. It's not coming out
Speaker 3: of new mining or new refining. So this is there's
Speaker 3: a reckoning happen. Even that article talks about that. I mean,
Speaker 3: just over and over again, you see the repetition that
Speaker 3: something's off about the silver market.
Speaker 1: So it looks like Russia.
Speaker 3: Is positioning itself to to reap the harvest of that.
Speaker 3: I mean, not only is of course, there's the green
Speaker 3: aspect or whatever you want to call it, with you know,
Speaker 3: being used in solar or electric cars, evs, all that stuff.
Speaker 3: You know, silver's the most thermo conductive metal. It's also
Speaker 3: used in the military industrial complex. We talked about five
Speaker 3: hundred ounces being in each Tomahawk missile, but it's used
Speaker 3: in medicine. It's just across the board. Silver has so
Speaker 3: many uses and it's super cheap.
Speaker 1: So I think, you.
Speaker 3: Know, if I'm a sovereign wealth fund, that sounds like
Speaker 3: a good idea to me.
Speaker 1: Russia's leading the way.
Speaker 3: What's say the US, how's our reserves? Is the government
Speaker 3: doing anything in the realms of precious metals doesn't look
Speaker 3: that way.
Speaker 2: Yeah, when you look at what our government's doing, you know,
Speaker 2: the US, the UK, European governments, they are not doing
Speaker 2: anything that is to the advantage of their people, unlike
Speaker 2: Russia and China. I mean, they're trying to make themselves
Speaker 2: more powerful militarily, geopolitically, economically. Even though they're making some
Speaker 2: really bad decisions like we see in China, they're still
Speaker 2: trying to do things in their own interest, if not
Speaker 2: in the interests of their people, certainly the interest of
Speaker 2: the Central Committee that has got a vested interest in
Speaker 2: all of it. But our government has absolutely turned against us.
Speaker 2: It's kind of interesting to see that Poland now has
Speaker 2: more gold reserves than the UK. Again, Poland is not
Speaker 2: really a part of this globalist takedown thing because it's
Speaker 2: a fairly young government that just got out of after
Speaker 2: the Cold War. They got out of the from under
Speaker 2: the thumb of the Russians, and so they're starting to
Speaker 2: move in that direction in terms of being puppets of
Speaker 2: the globalist But they are proud of the fact that
Speaker 2: they've accumulated more gold than the UK. Now that truly
Speaker 2: is amazing, isn't it. But of course the UK has
Speaker 2: the most expensive energy in the world. They've shut down
Speaker 2: their manufacturing. The country that got wealthy off of the
Speaker 2: Industrial Revolution is just eviscerating itself politically. This is happening
Speaker 2: to them.
Speaker 3: Yeah, well, Poland knows a thing or two about crisis
Speaker 3: and knows about world wars, it knows about economic hardship,
Speaker 3: so of course they would I think they navigate towards gold. Yeah,
Speaker 3: that's you see, these are really interesting metrics. You know,
Speaker 3: the dollars supplanted the British pounds sterling after you know,
Speaker 3: World War two and something. Gor Vidal said that the
Speaker 3: British Empire and Great Britain basically became an aircraft carrier
Speaker 3: for the United States of America.
Speaker 1: But that's what happened. It was the nineteenth century.
Speaker 3: The gold standard was the British really held that that
Speaker 3: title as being, you know, the world's reserve currency.
Speaker 1: That's really what you went to.
Speaker 3: And it was the gold standard really served, I think
Speaker 3: to bolster the Industrial Revolution and sound money and you know, budgeting.
Speaker 3: I think there was a lot of stability that was
Speaker 3: brought by the gold standard, and really all that went
Speaker 3: off the rails with World War one, and they you know,
Speaker 3: had a lot of governments, especially England, you know, made
Speaker 3: it stop trading in gold. You couldn't you know, get
Speaker 3: your notes redeemable and precious metals anymore.
Speaker 1: Other countries followed.
Speaker 3: They tried returning to the gold standard, you know, after
Speaker 3: World War One, and Winston Churchill that was he was
Speaker 3: Chancellor of the Exchequer and that blew up in his face.
Speaker 1: There was another political failure. They just couldn't do it.
Speaker 1: They'd expanded their money.
Speaker 3: Supply, they couldn't match it to the reserves of actual wealth.
Speaker 3: So again they were they were really in decline after
Speaker 3: World War One and then not being able to go
Speaker 3: back on the gold standard. And eventually it was the
Speaker 3: United States that supplanted their currency. You know, the British
Speaker 3: pound sterling was right up until you know, nineteen thirty nine,
Speaker 3: going into nineteen forty as you know, was really used
Speaker 3: more than the dollar. And now that that was supplanted.
Speaker 3: So interesting to see history, you know move. And I
Speaker 3: don't think, you know, we talk every week about the bricks,
Speaker 3: and I don't know that they're going to come with
Speaker 3: some unifying currency. I just think all these countries are
Speaker 3: decentralizing and using commodities, and now we have new, you know,
Speaker 3: sophisticated cross border payment systems. The dollars just being phased out.
Speaker 3: I mean, like it or not. I don't like it,
Speaker 3: by the way, because I love my country. I think
Speaker 3: people that they don't know better, and I think it'll
Speaker 3: hurt them, you know, that.
Speaker 1: Something's going to be something's done being done to their currency.
Speaker 2: But these are a horrific transition. But I mean on
Speaker 2: the other end of it, you know, if we can
Speaker 2: break this superpower of the of the Federal Reserve and
Speaker 2: their fiat currency, that would be something that long term
Speaker 2: would benefit Americans, I think. But as Brian and Dev
Speaker 2: McCartney point out, going from a debt based economy to
Speaker 2: an asset based and that's why they're making these disasters
Speaker 2: in order to steal resources. And I think that's true.
Speaker 2: I mean, we look at all the stuff and how
Speaker 2: they've leveraged it. Even in Poland, as they said, you know,
Speaker 2: symbolically we've passed what the Bank of England gold is
Speaker 2: and said that's always been kind of our point of
Speaker 2: reference and our goal is to have twenty percent of
Speaker 2: our currency reserves in gold and we're just about there.
Speaker 1: So I guess a question is what.
Speaker 2: Do they know and why are they doing that? And
Speaker 2: why aren't you as an individual doing that type of thing.
Speaker 2: You know, we look at what the central banks are doing.
Speaker 2: These are the people. They got the Fiat currencies everywhere,
Speaker 2: and they're moving away from all that stuff towards gold.
Speaker 2: Maybe we ought to do that individually as well well.
Speaker 3: I think it's a good idea if you look at
Speaker 3: those who control the world's wealth. I mean, that's what
Speaker 3: they're doing, and they're not telling you to do that.
Speaker 3: You can always watch what they do, not what they say.
Speaker 3: At the same time that these central banks and the
Speaker 3: banksters are accumulating record amounts of gold, they're also continuing
Speaker 3: to expand their tentacles into the reach of central bank
Speaker 3: digital currency. These two things are going on simultaneously. I
Speaker 3: would watch that closely because they have a plan, I mean,
Speaker 3: and I think a lot of this is bailing out
Speaker 3: golden parachute.
Speaker 1: Whatever you think.
Speaker 3: You know again, whatever your phrase dzore, you know, to
Speaker 3: describe the you know, controlled demolition or them knowing before
Speaker 3: everything crashes. I think they've run the simulations in the
Speaker 3: math and you know, we talked about three hundred and
Speaker 3: fifty trillion dollars worth of debt worldwide?
Speaker 1: Is there three hundred and fifty trillion dollars worth of assets?
Speaker 2: Really?
Speaker 1: I mean they estimated it's four hundred or whatever.
Speaker 3: And then I look and I see the market cap
Speaker 3: of gold is sixteen trillion, David. That doesn't make any sense.
Speaker 3: I mean, not an economist, but how can you have
Speaker 3: hundreds of trillions in supposed wealth when the market cap
Speaker 3: of gold is sixteen That doesn't make any sense. I
Speaker 3: think what you're looking at is is there's going to
Speaker 3: be again. They say, they call it a great reset.
Speaker 3: They're going to reset all currencies and commodity pricing, and
Speaker 3: that's what the US is in store for. I don't
Speaker 3: know what that means for the dollar, but it doesn't
Speaker 3: look good.
Speaker 1: Yeah.
Speaker 2: And of course you know this the great taking and
Speaker 2: all this leverage of derivatives and all the rest of
Speaker 2: the stuff. I mean, you look at what happened in
Speaker 2: two thousand and eight. Those derivatives were really weaponized against
Speaker 2: US paleo armory. So silver is a way to go.
Speaker 2: I can't afford that much gold at a time anyway,
Speaker 2: and silver outperformed goal from two thousand and eight to
Speaker 2: twenty eleven anyway, and it will this time too. The
Speaker 2: supply of silver goes down every year. That's what you
Speaker 2: were saying. There's just an article on zero Hedge about
Speaker 2: silver could be huge.
Speaker 3: They said, yeah, silver just mathematically doesn't make any sense.
Speaker 3: And again I don't give investment advice. I just look
Speaker 3: at history. I'm telling people, you know, geologically at seventeen
Speaker 3: ounces of silver to one ounce of gold, that's geologically estimated.
Speaker 3: History shows US ten to twenty to one maximum all
Speaker 3: the way back to the Egyptians, so even the Romans,
Speaker 3: the Greeks, you know, the British Empire, ever, even the
Speaker 3: American we were sixteen ounces of silver to make one
Speaker 3: ounce of gold. Now it's eighty five ounces. But here's
Speaker 3: another tell. If you actually look at the market cap
Speaker 3: which I just mentioned of gold, it's sixteen point four
Speaker 3: trillion or whatever it is. Silver's one point for so
Speaker 3: that's sixteen and so Hamilton had it, had it right
Speaker 3: after all, Alexander Hamilton, that's what he pegged it to
Speaker 3: at the end of the eighteenth century. So I think
Speaker 3: we're looking at a reckoning. So I think it's across
Speaker 3: the board. It's not just precious metals. I think all commodities.
Speaker 3: The way that we've been pricing and what truly represents
Speaker 3: wealth in the world is what I'm interested in because
Speaker 3: I see so much of it built on.
Speaker 1: Hype and fake and fiat and it's hard to know.
Speaker 3: I mean, you can still use a lot of that
Speaker 3: fake stuff to buy real things, at least for now.
Speaker 3: So that's what I'm looking towards, David, is a pricing reset.
Speaker 3: I don't know what it's going to be, but that's
Speaker 3: the trend, especially with news like Shop using its silver
Speaker 3: as a reserve asset.
Speaker 1: Well.
Speaker 2: And of course, you know, the other part of this
Speaker 2: that's that's we've never seen before is CBDC and the
Speaker 2: surveillance state. They've made no secret about the fact that
Speaker 2: they intend to watch everything that we do and control
Speaker 2: everything that we're allowed to do and to purchase and
Speaker 2: so forth. That in and of itself is something that
Speaker 2: we've never seen before. When you look at gold and silver,
Speaker 2: all of the economic pointers are pointing to instability for
Speaker 2: the long term, but we've never seen that kind of
Speaker 2: stuff with the CBDC that we've seen before. So you've
Speaker 2: got to have something as a hedge, not just against
Speaker 2: the financial unrest and this house of cards that they've built,
Speaker 2: but you've got to have some kind of a hedge
Speaker 2: against what they're trying to enact, the surveillance state. And
Speaker 2: you know, this this kind of mark of the beast
Speaker 2: type of system that really is to me the overriding thing.
Speaker 2: And you know, when I look at all this, so
Speaker 2: right now, silver rather gold, I don't know what silver
Speaker 2: has done this last week, but I know that gold
Speaker 2: has gone down in the low twenty six hundreds now,
Speaker 2: I think, and again, these things go up and down,
Speaker 2: but all the fundamentals show that, you know, there's nothing
Speaker 2: fundamentally okay about any of the fiat currency, so we
Speaker 2: can expect to see what that's happening. One of the
Speaker 2: things I've talked about this last week, Tony, was the
Speaker 2: fact that instead of pricing everything in terms of the dollar,
Speaker 2: which is heavily manipulated, a lot of people have gone
Speaker 2: in and looked at the price of gold and a
Speaker 2: whole bunch of different foreign currencies, including Switzerland other places,
Speaker 2: and that you know, they're seeing a steady trend up.
Speaker 2: You see much more manipulation and volatility. If you look
Speaker 2: at gold priced and dollars, but if you look at
Speaker 2: it in these other foreign currencies, it's a much more
Speaker 2: consistent upward trend than even we've seen in the dollar.
Speaker 2: But the fundamentals are there everywhere.
Speaker 1: It seems like, oh absolutely, I mean this across the board.
Speaker 3: I mentioned before, there's fifty two times more currency on
Speaker 3: Earth today than when I was born. It's probably increased.
Speaker 3: That's a metric from twenty four months ago. So this
Speaker 3: is only going to get worse. And basically gold against
Speaker 3: every fiat currency, gold wins over time. And you know,
Speaker 3: there was a period I think that gave people a
Speaker 3: false sense of reality. Usually you know, looking back at
Speaker 3: nineteen eighty to nineteen ninety nine, it was like a
Speaker 3: dead space for gold and silvers because of the he
Speaker 3: had Reaganomics, you know, the dollar dominating the world. It
Speaker 3: was the collapse of the Soviet empire. There was a
Speaker 3: lot of you know, globalization that was happening. What is
Speaker 3: it francists. Spookiyama said that he wrote the book is
Speaker 3: the end of History? Like the liberal democracy had triumphed
Speaker 3: and all these markets were raging of the dot com bubbles,
Speaker 3: and gold and silber were flat. I mean, I think
Speaker 3: more in Buffett took silver for a while and then
Speaker 3: you know, decided not to go full hunt family and
Speaker 3: leave that alone. He probably got the call, don't do
Speaker 3: that because it exposes what's wrong with the dollar.
Speaker 1: So they didn't go anywhere.
Speaker 3: And you know, after the opening of the twenty first century,
Speaker 3: especially nine to eleven and the global War on tear
Speaker 3: all the stuff that the the move to make the
Speaker 3: Chinese most Favored Trading Status opening the wt O to
Speaker 3: them on December eleventh, two thousand and one, We've just
Speaker 3: seen a massive decline in the dollar.
Speaker 1: That's really what this is all about.
Speaker 3: It's about it's about money velocity, usage of the dollar
Speaker 3: and purchasing power. We could us to back that up
Speaker 3: with our markets. The world's just taken notice again. Two
Speaker 3: thousand and nine, David, the net purchasing of gold by
Speaker 3: central banks wasn't zero, but it was as close as
Speaker 3: you can get to it. They weren't buying, they were
Speaker 3: stocking their reserves and their banks with dollars. And now
Speaker 3: you fast forward to twenty twenty four, gold is second
Speaker 3: used to be the used to be the dollar and
Speaker 3: that was about seventy percent, and then it was the
Speaker 3: euro and then way down the bottom of precious metals,
Speaker 3: gold commodities, and after Basil three, when the Bank of
Speaker 3: International Settlements made gold a Tier one asset again, that's
Speaker 3: when everything changing. Central banks started buying gold at a
Speaker 3: record clip. Following two thousand and nine and the Great
Speaker 3: Recession and tart funds and all that. You know, Ben
Speaker 3: Berneki said they wouldn't do that again. Whatever is massively
Speaker 3: printed into oblivion. So that's the trend, if you want
Speaker 3: to look at the trend line. The trend is a
Speaker 3: race towards who has the gold and commodities and value
Speaker 3: in a.
Speaker 1: World of fiat. And that's where I'm going.
Speaker 3: I'm not saying I'm not sticking with the fake.
Speaker 2: Yeah, oh absolutely, yeah, it's it's privacy is important, and
Speaker 2: you know, physical is important. And you know, when we
Speaker 2: look at the House of cards that they've created, it
Speaker 2: truly is amazing. And it is all about evis rating
Speaker 2: the West and empowering China. That's what the globals have
Speaker 2: been doing since Kissinger opened up the path to them,
Speaker 2: and they've just been a steady progression, iteratively moving in
Speaker 2: that direction, whether it's energy, manufacturing and all the rest
Speaker 2: of this stuff. And of course energy is going to
Speaker 2: drive the manufacturing if they've got it at a big advantage.
Speaker 2: But even in China they are getting very concerned and
Speaker 2: you've got articles talking about the China doom loop. So
Speaker 2: we're looking at some very uncertain times and we know
Speaker 2: what the long term trend is. We can't predict the
Speaker 2: price any given point, but we know what this trend
Speaker 2: is going to be pretty clearly. Tell us a bit
Speaker 2: about what's coming up. You got your program's going to
Speaker 2: be following immediately following this one on Thursday. Tell people
Speaker 2: about that and give us an idea. What's happening with
Speaker 2: Wisewolf Gold. Yeah, every Thursday. Artoborn Radio Transmission. I used
Speaker 2: to do a daily show and I can't do what
Speaker 2: you do.
Speaker 3: And I've filled in for you one time, and I
Speaker 3: remember telling you like filling in on your show is
Speaker 3: like I'm going to borrow your car.
Speaker 1: It's a Cadillac. I'll bring it back. It's even nicer
Speaker 1: than when I borrowed it.
Speaker 3: I fill up the tank with gas, I clean it,
Speaker 3: and that's how I handle your show.
Speaker 1: My show. If you want to come watch it. It's
Speaker 1: like the dukes of hazard. Car's going to get a
Speaker 1: new one every week. I crash it, We'll see what happens.
Speaker 1: I've got.
Speaker 3: It's pair of politics and precious metal, kind of a
Speaker 3: hodgepodge stream of consciousness, and it's it's been fun.
Speaker 1: I try to be consistent with it.
Speaker 3: So yeah, come come check us out at eleven am
Speaker 3: Central Time on rock Fan on America n Plug channel.
Speaker 1: And you're on Twitter as well, all right.
Speaker 3: Yes, on Twitter at tony Arderburn. You can find me
Speaker 3: there and go find me on Facebook and friend me.
Speaker 3: You know, I'm I got a little little meta blue
Speaker 3: check marks. You know, maybe it'll make it harder on
Speaker 3: them to cancel me.
Speaker 1: I don't know.
Speaker 3: I've had it for years, I really, you know, go
Speaker 3: find me over there. It's a good place to network
Speaker 3: for now. Anyway, I haven't been bothered that much in
Speaker 3: the recent years. So yeah, please do that. We stream
Speaker 3: over there. I have a really cool announcement. It's only
Speaker 3: half of the announcement. Next week I'll have something even cooler.
Speaker 3: But we have a new setup on wolf Pack. And
Speaker 3: so if you go to Davidnight dot Gold and you
Speaker 3: just hit the tab that says join Wolfpack. You'll take
Speaker 3: you to the Wolfpack dot gold. I wanted to thank you,
Speaker 3: Echo Yekas who works for me. She's my head trader.
Speaker 3: She put together and this has been my idea for
Speaker 3: a while. There's two separate tiers, so one is for gold,
Speaker 3: one is for silver. That's how we're starting. It's called
Speaker 3: wolf Picks. Okay, it's just called wolf Picks. And what
Speaker 3: it is is were every morning we set the price
Speaker 3: of gold and the price of silver. And if you
Speaker 3: go on there, it's no fees, free shipping, so you
Speaker 3: can't use a carb. You have to basically give us
Speaker 3: an email. We send you a payment link for a check.
Speaker 3: But we set the price of gold to the most
Speaker 3: competitive we can do it. We look across the board
Speaker 3: at all our competitors. We set a set price in
Speaker 3: the morning and then we take it down in the evening,
Speaker 3: and the same thing for silver. So if you want
Speaker 3: to get the best possible, now we don't know what
Speaker 3: that's going to be because a lot of stuff comes
Speaker 3: into the shop. I might buy a bar, I might
Speaker 3: buy a coin. You could get a graded American Eagle
Speaker 3: long as it's a long as it's a specified I
Speaker 3: want one ounce of gold, Tony, or I want you know,
Speaker 3: it's it's a minimum of ten ounces of silver. So
Speaker 3: if you lock the price, like right now, we just
Speaker 3: set the price at thirty five dollars an ounce on
Speaker 3: silver silver bullion, you could get American eagles, you could
Speaker 3: get sovereign coins.
Speaker 1: We don't know.
Speaker 3: We're going to fill those ten ounces with free shipping.
Speaker 3: Now you can go all the way up to ten thousand.
Speaker 3: So it's a way for you to lock in trades
Speaker 3: like the best possible deal, and then we take the
Speaker 3: prices down in the evening and reset them in the morning.
Speaker 1: Sometimes we may not it may to be too vultile even.
Speaker 3: Listed, but it's one of the ways that you can
Speaker 3: kind of a surprise too.
Speaker 1: You know.
Speaker 3: It may be a may be a bar, it may
Speaker 3: be two bars. It may be something that I have
Speaker 3: to fill your order to give you an ounce. That's
Speaker 3: what I'm gonna do. So it's it's a way that
Speaker 3: because we buy so much from the public, you know,
Speaker 3: like and a lot of that stuff doesn't go into
Speaker 3: a wolf pack because it's too expensive. Like nope, there's
Speaker 3: not a tier really for an ounce of wolf pack.
Speaker 3: So I just made one. You can you can do it.
Speaker 3: It's not all automatic, but you just go and buy
Speaker 3: one at a time.
Speaker 1: So that's cool. That's cool.
Speaker 2: I like what you. You are constantly thinking of different
Speaker 2: ways that you're can help people. And so now in
Speaker 2: addition to wolf Pack, we got wolf pick on a
Speaker 2: daily basis setting a price for gold and silver based
Speaker 2: on the kind of things that you're bringing in in
Speaker 2: terms of buying gold and silver from people.
Speaker 1: That's a great idea. I really like that.
Speaker 2: Well, I just want to I've got to comment here,
Speaker 2: but we'll talk about that when we come back.
Speaker 1: It's not about gold or silver.
Speaker 2: Always great to have you on Tony and again, folks,
Speaker 2: right after this show, you can find the Artomen Radio
Speaker 2: transmission and join Tony there and he's going to talk
Speaker 2: to you some more about politics and about metals and
Speaker 2: all the rest of the stuff. And that's something that
Speaker 2: we really need to focus on, especially when we look
Speaker 2: at how this is a plan. This is a plan
Speaker 2: to take everything down, So you've got to try to
Speaker 2: get outside of their plan. It's not like they're just incompetent, No,
Speaker 2: they're unfortunately a bit too much competent. Combined with their plans.
Speaker 2: So it's always great to have you on, Tony. Uh, folks,
Speaker 2: go to Davidnight, dot gold and I'll take you to
Speaker 2: Tony Ardeman's Wise Wolf.
Speaker 1: Thank you, Tony, appreciate it, Thank you.
Speaker 3: Wearing of biased and false neooze has become all too
Speaker 3: common on social media. First unfortunately.
Speaker 2: The exactly and this is extremely dangerous to our democracy.
Speaker 1: This is extremely dangerous to our democracy.
Speaker 3: This is extremely dangerous to our democracy.
Speaker 1: This is extremely dangerous to our democracy. This is extremely
Speaker 1: dangerous to our democracy. This is extremely dangerous to our democracy.
Speaker 2: This is extremely dangerous to our democracy.
Speaker 1: This is extremely dangerous to our democracy. This is extremely
Speaker 1: dangerous to our democracy.
Speaker 2: Break free from the usual script with a David Night
Speaker 2: Show a fresh perspective bringing you genuine insights on current events.
Speaker 2: But if the show is going to stay on the air,
Speaker 2: we'll need your content. New support, sharing the show, subscribing
Speaker 2: and even just hitting the like button all help. And
Speaker 2: if you found our show helpful, please consider donating and
Speaker 2: becoming a part of a community that values the truth.
Speaker 2: Because independent listener funded news, untouched by corporate globalist agendas,
Speaker 2: is extremely important to our liberties.