The David Knight Show - Gold’s Meteoric Rise, the Dollar’s Demise, and Trump’s Tariff Chaos Spark a Global Financial Reset

Episode Date: March 27, 2025

Gold has surged past $3,000 an ounce and held on or increased admit the chaos. Tony Arterburn joins David Knight as central banks are hoarding gold like it’s the last lifeboat on a sinking ship. I...s this the orchestrated collapse of the dollar paving the way for a dazzling new financial world order?Visit DavidKnight.Gold for stability and privacy that’s pricelessMoney should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Transcript
Discussion (0)
Starting point is 00:00:00 Tony Ardaban of Wise Wolf Gold and he's kindly set up David Knight.Gold to take you there as well and let him know that you're coming through us. Always good to have Tony on. Always good to talk about the gold standard. Gold is such a fundamental part of our civilization, always has been. And it really, gold is really the gold standard. And so I was talking earlier today, Tony, about the chaos. And you told me as we were off air, that was one thing that was astounding to you as well.
Starting point is 00:00:36 I'm seeing stories about what happened to Bitcoin. First the excitement about Trump and his Bitcoin reserve, and then the reality is they always say you buy on rumor and you sell on news. So when the real thing happens, you better get out of there because it's the rumor that they're going to hype up. And so that's kind of what's been happening. But it's also been roiled by the tariffs and their chaotic nature chaotic nature as well but gold has done well in that kind of environment hasn't it well it absolutely has I was looking
Starting point is 00:01:12 at the charts of net inflows to both ETFs looking at the Bitcoin ETF versus the gold ETF and for the last eight weeks the gold ETFs the exchange traded funds have a record inflows eight weeks in a row, and Bitcoin has slowed down to a trickle. There's this polarity, this shift away from where we were three or four months ago with Bitcoin, it's all time high, we're seeing this supposed crypto revolution, and there was deregulation, and there was at least a psychological shift for the crypto industry but then you throw in this black swan event which is the terror of chaos and we should do a picture of
Starting point is 00:01:55 Trump as a black swan it's just absolutely insane david and i you know that that'll paul paul harvey uh... you know that break down if i was the devil and i was thinking i think it was one of two if you wanted to save the dollar you would do everything the opposite of what's going on if you wanted to actually prop up the dollar system you would do the opposite now so what is this
Starting point is 00:02:23 you know you look at the rest of the world, and I've been saying this for a long time, you know, the BRICS nations, they're not trying to create a new currency. I didn't see any evidence of that the last few years. Every time there's a summit or a meeting, they're always talking about how do they get away from the SWIFT system and the dollar system so they can have cross-border payments that are universal, the things that they can, you know with that hold value and that's the same thing that gold does so that what they're doing in their meeting right now
Starting point is 00:02:51 uh... creating these cross-border payment systems at least that's what's uh... primarily on the docket supplanting the dollar is the world's reserve currency i believe it already has made it there united states it appears is already looking to stockpile some gold there's reports coming in that the u.s. treasury another looking to you know re-audit and do all the things we talked about fort Knox and all the rest the United States is is scrambling to do that as well so what is with this dollar system are they just is this just a this is a open question maybe a thought experiment
Starting point is 00:03:28 is this just a way to leverage chaos for the sake of chaos you know to to bring in usher in a completely new financial world order I mean that I don't see any rhyme or reason with what's going on, David, other than to, you know, give leverage to the powerful and to the insiders. This has nothing to do with bringing jobs back or economic security or prosperity. Oh yeah, no, this is about his billionaire club and, you know, how they can make money, you know. Hey, I'll ease up on some of those tariffs to China if you'll let my friends buy TikTok, that type of thing. It's not about making America first, it's about putting he and his buddies first. Yeah, but you mentioned central banks and the fact that the US is, I talked about it yesterday,
Starting point is 00:04:15 the fact that they have not, you know, for 90 years they really haven't kept up with the gold stuff. But we look at other central banks and their holdings in gold, it's gone up to about 11% gold allocation in their foreign exchange reserves overall on average for the central banks. In 2000, it was five and a half percent, so it's doubled in the last 25 years. But what they're saying is that they believe that it's going to triple in the next few years. And this is Bank of America talking about. They think that the gold allocation that has gone in the year 2000, it was five and a half percent. And now 25 years later, it is 11 percent. They think it's headed to 30 percent. And so that would
Starting point is 00:05:05 be a big reset, I think, in terms of the allocation of gold and as part of the restructuring of things. And certainly Trump and his guys want to restructure stuff. They're pushing this pretty hard. We're at the end of the fourth turning. It's a natural time for them to change these institutions. As you've pointed out many times, Bretton Woods too is really, really old, long in the tooth, and so if they come up with a new financial system, but it's very concerning to see what Trump and his people are looking at. They're not necessarily looking to tie this to anything real. They're looking at using it to stable coins that are going to be tied to the dollar so they can have some poor to sell their
Starting point is 00:05:45 treasury bills and other countries don't want to buy or even the big point maximus max kaiser put out an article a couple of days ago about how if if the u.s. transitions to some sort of uh... stable coin use the the world's going to reject that as well uh... they're going to work because it's tied to the ultimately tied to the dollar even though the dollar is is is relatively stable it loses purchasing power
Starting point is 00:06:11 gold back uh... stable coins would be the the way even think max kaiser was a big boy maximalist is saying that uh... rest of the world wants to get away from the dollar system you mention the metrics on dollar usage in 2001 it was like 75% of all global transactions financially went
Starting point is 00:06:31 on in dollars. It's in the low 40s right now and declining rapidly. If you look at the the stats on central bank gold buying David, if you go back to 2009 it was it wasn't at zero but it was real real close to to net zero of central banks buying gold now it's off the charts I mean they're breaking every year breaks another record for central bank gold buying you're absolutely right and what that has to do with this is 2021 the Bank of international settlements making gold for taking it from a tier three asset to a tier one asset which is
Starting point is 00:07:10 akin to currency and uh... that gold recently passed the euro as uh... second uh... in the held assets of central banks that used to be the euro now it's gold and of course the dollar is number one is as we sit and look at the current administration it's hard to just figure you know if you wanted to create trust which is what the financial system is based off of its trust and stability markets hate uncertainty they this the prices of things bleeding is a reflection of the uncertainty that's in this market and i'm in the gold business
Starting point is 00:07:48 but you're looking at three thousand uh... dollar fifty ounce gold and now there's a there's something wrong uh... and i mean again it's uh... eventually going to go there i mean i were going to see three and five ten thousand dollar goal eventually on a long enough time line but i think that the rise in what we you know we cover here every week if you look at the the all-time highs that gold
Starting point is 00:08:10 is making against the dollar there's a there's a crisis going we have a currency crisis in the rest of the world followed us in nineteen seventy one i think it was the swiss where the last uh... holdouts in two thousand two they still had their the swiss frank was backed by silver but every currency on earth is a fiat currency now to these massive
Starting point is 00:08:32 creation of currency in debt they they've all run those senior simulations and they understand that the you know with all the liabilities and everything the unfunded all that stuff in that the massive bubble that were in right now that's why central banks or not only reason but they are buying gold uh... to reset their monetary systems and uh... of course to get away from the
Starting point is 00:08:56 dollar itself in and uh... to trade amongst themselves away from the dollar and that this is clearly what's happening in the midst of that were throwing tariffs everywhere yeah happening and in the midst of that we're throwing tariffs everywhere Yeah, it's a Bank of America is looking at this and they've been very very conservative with their prices They have a chart that they put together. They said if you go back to 2024 gold was 2750 average through the year. They said 2025 they think it's going to be 3063 I think that's conservative, but they look at 2026, they say 3350. They think within two years it's going to be up to 3500. That's a very, very conservative
Starting point is 00:09:33 one and they base it on the accumulation and the increase of the central banks, how they've gone up significantly. They said they're the ones who came up with a 30% figure They said it would be more efficient for the central banks to hold instead of about 11% to hold 30% But they also talked about what we've talked about in the past the fact that China has told its insurance companies Hey, we would like for you to start accumulating gold. It was prohibited now that's encouraged and pushed They said that could be equivalent to 6% of the annual gold market if they only add 1% of their assets in gold, change 1% of their assets to gold. And so this is what they're looking at. And when you talked about Matt Kaiser, I mentioned that as well the other day, saying, well,
Starting point is 00:10:20 I think we go to a digital currency that is backed by gold. That's again like an ETF. You mentioned that the ETFs were soaring and a lot of money was pumping into that. I look at these ETFs, and I know you do as well, as similar to the mortgage instruments that created these derivatives and so forth, because that's really what they are. It's a novel approach. It's a con job, I think, because you're not really holding anything real. If you get into these ETFs, what you're holding is a share of a fund, and you don't know if
Starting point is 00:10:55 that fund is buying the gold or not, and you can't redeem it in gold. And so when you look at digital gold and things like that, I think maybe that might be a negative on the price of gold because they can manipulate it just as these ETFs have manipulated the price of gold and been used that way. What do you think? No, I think you're right. I mean, the ETFs have shown and I mean, if you're in the gold and silver business like myself
Starting point is 00:11:21 and you're paying attention to pricing and then you're looking at supply at supply doesn't make any sense I mean the same the the price of silver it is ridiculous and i know this because you know you look at the nineteen eighty uh... all time high of of silver at fifty two dollars and fifty cents an ounce let's like three hundred dollars worth of purchasing power today if you if you go you know dollar for dollar and what uh... how much you could get in nineteen eighty four fifty two dollars and fifty cents
Starting point is 00:11:48 that's because of the massive manipulation is gone between the paper and the physical market you start getting into the electronics and blockchain of that it's another opportunity to do that to dilute uh... i think what's happening also the reason that the price is going crazy, is because a lot of these contracts are being called and gold is being moved and reallocated and some of those contracts can't be filled.
Starting point is 00:12:13 Maybe it's not happening on a massive scale yet, but I think if you're looking at what's happening the price of gold is reflected in the supply is not being there. And the same thing with silver I think we're really on the cusp of a massive breakout of the silver price and again this is an investment advice it's just clearly I just think mathematics I mean the supply but there's a 200 million ounce deficit every year or something like that and it's growing and that's it to take from the above-ground supply in these paper markets whether it's SLV or GLD or whatever these ETFs
Starting point is 00:12:50 I just don't think it's real David I think that at the end of the day if you were to ask for physical delivery across the board those contracts couldn't be fulfilled and so again you have a reallocation of price I think that's on the horizon. So a lot of these, if it's a proposed, digitized anything or backed, whether it's a silver backed or gold back digitized currency, take that with a grain of salt. I mean, it's better than a stable coin in my opinion,
Starting point is 00:13:20 if you're gonna be paid in gold. But if you cash out your ETF, they give you fiat currency. That's right, that's right. And there's no claim on it, and it's not connected to it either. You know, I got a, this is timely, Rockfin Eli says, so what are good avenues for most of us
Starting point is 00:13:37 who cannot afford gold? Silver, as you're pointing out, you know, why? And I think that's the way a lot of people get into the ETFs. That's the way I got into it. I looked at it, it's like, okay, well I can buy one tenth of an ounce of gold or one tenth of an ounce of silver. That's easy. And you know, I go through the brokerage firm and it's quick and it's easy and I can get a tenth of an ounce of it. I think that ropes people in. And I started doing that and then I realized
Starting point is 00:14:01 when gold started moving, I saw, oh saw oh wait a minute this ETF is not moving Why is that? You know why isn't it tracking that and then when I looked at it and I found out that it wasn't really attached to physical gold at all That's when I started getting out of it And and so I think that's why you see a lot of people jumping into it say oh, yeah We should get into gold so let's buy gold through you do well You're not buying gold you're buying paper from a company that's there. But as you're pointing out, you know,
Starting point is 00:14:27 silver is there and it's a smaller amount. And of course you've got a Wolfpack. People can buy small amounts. If you're concerned about getting small amounts of stuff, people can get in with $50 a month and on up. Yeah. We made it really easy. I mean, even to buy a gram bar of gold, because I buy them in sheets of a hundred and I have my crew, we break them off of those pieces and put them in individual coin sleeves. So you can get that through. You go to davidknight.gold. Yeah, we can put you in a gram bar of gold, about $130 or so. And that's, I think we've got free shipping on all that stuff.
Starting point is 00:15:04 Yeah, you don't have to get an ETF in order to get a fraction of an ounce. while ago about $130 or so. And that's, I think we've got free shipping on all that stuff. Yeah, you don't have to get an ETF in order to get a fraction of an ounce. You know, you've got physical weight. You can get physical gold and fractions of an ounce there at Wolfpack. Yeah, and that's going to give you no counterparty risk. I mean, I don't hold anybody's product.
Starting point is 00:15:20 If you buy from me, I want it out of the shop. I want it in your hands. And that's your product. And when you have something like silver that is priced the way it is right now and I don't know how much longer it's going to continue to do this where it's just you know it's under $40 an hour folks that's crazy I mean gold hit its all-time high 30 some odd times in the last year in the last 12 months silver hasn't hit its all-time
Starting point is 00:15:45 high since 1980. So think about that. It makes no sense whatsoever unless you're talking about massive accumulation by these banks. The largest physical holder of silver in the world, privately, is JP Morgan. And you look at other governments. China just put, it's a strategic reserve like nickel and lithium and other things, they're adding silver. The Russians added silver as a strategic reserve. I mean, their world is moving back into assets rapidly and it's going to show up and reflect in the prices of these commodities. We're just not there exactly yet. I mean gold, because it's a monetary asset and
Starting point is 00:16:29 because of I think Basel III with the Bank of International Settlements and and the de-dollarization that's happened, I think that's reflecting the price. But a lot of this stuff silver is about to follow I think and that's just pure mathematics. I agree. Yeah. You know when again when you look at the ETF stuff The fact that it doesn't track but I think the other thing about it is when BlackRock Decided that they wanted to get into Bitcoin why they do They got in with an ETF. It's like okay. Now. How does that make any sense? You know if you've got something that's physical and you want to subdivide it like you got a like you can't afford to get a bar of gold, it's like a million dollars or whatever, so let
Starting point is 00:17:09 me get an ETF and let them hold the bar of gold and they can sell fractional shares of it or something like that. As I pointed out, you can still get small amounts of physical gold. You have a lot of different ways that that can be set up there. But when you look at Bitcoin, there's no need to fractionalize Bitcoin. Bitcoin is infinitely fractionalized. So you know when you look at the ETF you say, wait a minute there's something else going on here. When I looked at the ETF gold and silver, wait a minute there's something else going on here. And that's something else we saw happen to the real
Starting point is 00:17:40 estate market. Real estate is real. but the derivatives and all of these secure ties mortgages were not real and you were holding garbage. And so that's the real key. And that's what I would really warn people about are these ETFs. It really is a scam. Got a question here, Tony from a Chevkin on rumble says, whatever happened to platinum? Maybe they're going to have an excess of platinum as they get rid of internal combustion engines because of the catalytic converter. When I get rid of my catalytic
Starting point is 00:18:11 converter on my car, I was able to sell it because it had platinum in it. So maybe there'll be a glut on the market as they kill the internal combustion engines. I don't know. What's it going on with platinum? It's just been trading sideways for the longest time and I do I sell some platinum it's not heavily requested but it moves basically sideways I'd have to check the spot price I haven't in a month or two but it's you know generally under a thousand dollars or eleven hundred dollars an ounce and it'll go back and forth I think that's just a reflection of it's not a it's not been used as a monetary
Starting point is 00:18:45 metal like silver and gold has. It's rare and you know you mentioned catalytic converters and I think electronics and platinum is used and I know on a long enough timeline it will break out too. I mean it's there's a lot of things about any any of these commodities I think are way under price based off of the debasement of the US dollar I mean you mentioned earlier about returning to a if we return to a gold standard What would be the actual price of gold per ounce? You know some estimates like between ten and fifty thousand dollars an ounce or some crazy number Yeah, off the debt and based off the money supply. So, you know, I agree
Starting point is 00:19:25 with that and platinum is just one of those things. I think it's just waiting in the wings for something to happen. Probably is being accumulated. I mean, I haven't paid a great deal of attention to it because it's not my primary wheelhouse, but something will happen with platinum. It's the same thing like palladium. Palladium is another one of those metals where you go, what's the price per ounce? It'll bounce around. Rhodium does that. It's another rare earth that you can find. Precious metals dealers will deal with these, platinum and Rhodium and palladium as well. But it just hasn't been on my radar. But gold and silver is kind of all-consuming for me as far as price movement and what I watch.
Starting point is 00:20:11 That's right. Yeah, and you know, when you're talking about the re-evaluation, which is a real possibility. You know, we've seen this happen in the past, in the 30s and then also in the 70s. And people, one guy was saying that that $50,000 figure came up when he said, well, you go back and look at how FDR reevaluated gold and everything in the 1940s. And that was at a point in time when the US's gold holdings were about 40% of what the debt was. And then in the 1970s, a similar thing, and at that point in time, gold was about 17%
Starting point is 00:20:50 of the debt that the U.S. had. And so what he's saying is that today, when you look at the gold holdings, the monetary number that's represented by about the 8,000 tons that they have, that is only about 2% of the $37 trillion of debt. So what he's saying is that if we went back to the 17% figure, that'd be a $25,000 goal. If we went to the 40% figure, that'd be $50,000. We don't know. We don't know if that's going to be reevaluated.
Starting point is 00:21:21 But people are talking about that. I just thought there's another article that I saw yesterday, John Rubino said essentially the same thing. He said, �How do you make a case that gold is not worth at least $10,000?� He said, �Because what they're doing is they're manipulating the value of the dollar and with the debt that is there.� Of course, he's telling people to get into real stuff. He says get farmland, get gold, get silver, get a good vehicle, get some emergency food, learn how to grow in a garden and things like that. That's really what we're looking at, what is coming along the line. I think maybe some of that has to do with the disenchantment
Starting point is 00:22:00 of some of the crypto stuff as well as Trump really put it out there with his meme coins. I think he really put it in the headlines about how there's a lot of grifting going on in the crypto markets as well, isn't there? It's built on that, unfortunately. I've been in the crypto space. Well, Bitcoin and crypto are two different things, really. They've really separated like you know They look at the mean coin
Starting point is 00:22:28 Industry and that entire ecosystems built on grift I like I said, I will never ever push any kind of mean coin. You'll never hear me push an alt coin never I think it's all speculative and you know, what purpose does do they serve a Bitcoin to me? And of course we have wise wolf Bitcoin it it it fulfills a need electronically something that gold can't do and it's a decentralized network you can't recreate that but am I I'm not one of these people also that it's good tells you the price is going to be some insane number because i don't think that the markets are supporting that right now i mean look at
Starting point is 00:23:08 uh... when we get a hundred thousand i thought that seems about right uh... somewhere in there for demand but then you know we reached inauguration day and that went to hundred eight thousand and it's been flat and trading side what's down right now and straighting sideways uh... for the past uh... couple months and I think we're probably going to continue to see that sort of trend because the markets are scared the markets are fearful there's uncertainty it makes no sense what is it what is the United States economic policy right now
Starting point is 00:23:37 David yeah I mean that's an old question and there's a long article on coin Telegraph about that and they actually looked at a timeline of Trump. He's, well, we've got a tariff. Now I'm going to take the tariff off. Now we're going to do this other tariff. Now I'm going to take that one off. You know, back and forth, back and forth. And that is spooking the markets, and it is spooking Bitcoin. And so it's that uncertainty that is spooking them.
Starting point is 00:23:58 But I think it's interesting that in that uncertainty, it's driving people to gold. That's where people are going to go to something that is physical, that is tangible, that is outside of their system when they start worrying about how this system may collapse. And so I thought that was a very telling aspect of when you look at it, the uncertainty and the chaos is coming from Trump and his tariff dictates, but people are to to gold and all of that rather than to Bitcoin which I think is kind of interesting. I mean it's just the history shows that's what happens. I was on a podcast a week or so ago and talked about Gresham's law you know Gresham's law states that when bad money enters a
Starting point is 00:24:41 system then good money goes into hiding and And I put a question mark over that, and I said, until when? You know, until the bad money dies, and then money re-enters the system. So it's an open question as to what happens next. I mean, I think we've already seen, like, the dollar system itself was already in massive trouble. You add on this tariff uncertainty, economic warfare, currency wars, trade wars, you add all that in and on top of that plus sanctions and everything else that had already caused the de-dollarization to accelerate, well I think you're looking at replacing the entire system with something else. That's the only thing I can surmise from all of this. It makes absolutely no sense whatsoever unless you're trying to have a controlled demolition
Starting point is 00:25:29 of the current financial system and using chaos as a smoke screen for the reset of some kind. That's the only thing I can glean out of all this and it's absolutely reflected in the price of gold right now. breaking $3,000 an ounce. For whatever reason, and I eat, sleep, and breathe this, I was surprised that we hit that price as soon as we had, David. I thought that- Yeah, it was, everybody was predicting that for a while. You know, there'd be like first quarter of this year,
Starting point is 00:25:58 there'd be around 3,000. And then they had a different opinion because everybody got excited about Trump and the fact that he's gonna go full speed ahead on crypto things and so forth and a Bitcoin reserve. And so then it dipped, but I always thought that was going to be temporary. And so did you because you look at the fundamentals that are there. Nothing is changing in terms of debt and other stuff like that. So we knew that was going to be temporary.
Starting point is 00:26:19 By the way, you mentioned on the podcast that was on Free Thought Project and people can still catch that there at the freethoughtproject.com and excellent interview that you had with them there. Knights of the Storm says instead of a black swan, we have an orange swan event. There we go. I guess if you're going to have AI draw Trump as a swan, it'd have to be orange, I guess. Now don't confuse it with a phoenix, okay? It may look like the phoenix. It may become the phoenix.
Starting point is 00:26:49 Yeah, instead of burning the Tesla places, burn the swan. Travis says if Trump ever sells his bathroom fixtures, the gold market may crash. There you go. It's true. He likes to hold gold in his homes, on the walls and things like that. Well you know, I've talked about what might replace it and I think there's been, and you and I have talked about this, the Republicans are now everywhere saying no CBDC, no CBDC, but what's going to replace it?
Starting point is 00:27:17 The stable coin stuff. And it's got all the functions that we don't like about CBDC already. All the know your customer stuff as well as being able to block an address. You know, that's what we've been concerned about, CBDC being the platform being taken out of the banking system because they don't like you for some reason or the other. And of course, these companies are going to follow what the government wants to do.
Starting point is 00:27:40 They work at the pleasure of the government, and so they're going to be malleable with all this stuff. But we talk about price all the time, but when I look at this, my real issue is the CBDC stuff or the stable coins and what would be essentially a public-private partnership version of a digital currency. I think the key thing that people need to look at is that privacy is priceless. I think that's the key thing that people need to look at is that privacy is Priceless. I think that's the key thing. What do you think? Oh Absolutely, and you know, it's
Starting point is 00:28:14 Throwing this argument out there is like oh, well, do you like we're not gonna do a CBD see But I will do the private sector and it will do this public Partnerships and then you'll get it. We'll have a stable coin because it's stable and it will do this public partnerships and then you'll get it. We'll have a stable coin because it's stable. No, I don't want any of that. I don't hold any stable coins. I don't see the need for them. It's not a coin and it's not stable. And if it's done by a private organization, there's no privacy in it. And even though they say it's crypto, it's not encrypted. It's a public ledger. All of these things are lies. That'd be a real red flag to everybody. It's like, uh, it's like the movie office space, you know, when he goes,
Starting point is 00:28:50 what is it you say you do here? You know, because that's what I look at. A lot of the coins, especially the staggo, I don't understand. So if I've got the dollar, why do I need this thing? I mean, I can, you know, I can send a wire. I can use a card. I can, I mean, I was with Bitcoin was supposed to solve that problem with you know private peer-to-peer electronic transactions. So I'm not you know in that space I don't understand it. Maybe I maybe I maybe I do maybe that's the issues I do understand it that's why I don't use it and you've been right about that.
Starting point is 00:29:24 I mean it's it's like we're never gonna do a CBDC. Well No, you didn't do that But you probably you know Just bring in the the stable coins and you use the piggyback off of Fed now and all the structure That you already have and you talked about know you the KYC and know your customer and all the rest you thought adding that In and then you just got a your your your surveillance is disguised as money and that's exactly that's exactly right David. So yeah this is this is another another challenge and the wrench they're throwing in the whole thing on top of the fact that the
Starting point is 00:29:58 dollar is in real trouble. Yeah. We're watching we're watching a train wreck of epic proportions right now especially just being accelerated and I just Want to you know remind everyone? counterparty risk is What you should be focused on and that's whether you talk about assets things that you can control You know and even if it comes down to where you own some Bitcoin, you know, your keys, your wallet, not non-custodial, not somebody else holding your keys, you holding, understanding what that means. And then it's the same thing with gold and silver, physical gold and silver that you hold, or you have
Starting point is 00:30:35 a private contract for physical gold and silver that you hold at a trusted vault. You know, anything else, paper, all of that, it's only worth what the paper is printed on it if there's a crisis and you can't retrieve your asset. I agree. And you know, when you look at what these people are up to, again, going back to what we saw in 2007, 2008, the houses are real, real estate was real, but their derivatives, their securitization on it was not real. And I see them replaying this whole thing.
Starting point is 00:31:05 You know, we talked about history doesn't repeat, it rhymes. All this stuff seems to rhyme with that. As they're coming in with Bitcoin ETFs, as you've got the Trump administration out there, all the three guys at the top, well, the two guys at the top, Treasury Secretary, as well as the Commerce Secretary, and then they've got the Interior Secretary, Doug Bergram, saying, yeah, we've got so many assets, you know, we could sell off America. We could have a giant Americathon.
Starting point is 00:31:34 And it's all of our physical, because you're going to always go back to a physical asset, but it's going to be at bankruptcy prices that they're going to do this kind of stuff. That's why we need to do what we can to try to get out of this system. And that's what I like about what you have to offer there. And the fact that, as one of the listeners was pointing out, if you don't have a lot of money, you don't have to buy a large quantity at a time. You don't have to buy an ounce of gold. You can get a fraction of it.
Starting point is 00:32:03 There's a lot of different ways and still have it be physical. That's what I like about what you do. I like the different forms that I've seen it come in. Little chiclets that you can break off, or the bills that have physical gold and are woven into them. Those are some really neat things. I think it's one of the best things about Wolfpack
Starting point is 00:32:22 is seeing the different forms that you can get gold in Well really proud of that You know I I created a model that is the opposite I inverted it and what most of the big gold and silver companies do and you know It's a lot of moving parts, and we got a great crew. We pack of hundreds and hundreds and hundreds of packages a month It's a lot of fun and a lot of of them, and the majority of them, David, are the small tiers, the small ones that, most of these precious metals companies, they don't care. They're not seeking that business,
Starting point is 00:32:54 they don't want that business, they don't, to them it's a hassle. I love that we're able to do that, and we give a lot of variety for it. So again, that's something that you can do at davidknight.gold. You can go check out the Wolfpack and I wanted to announce today, we put out an email yesterday, but I created a new tier. So I did this for budgeting reasons and I wanted to be a lot more competitive. So if you
Starting point is 00:33:23 used to, when you had the, if you went to the $500 level on wolf pack it jumped the next tier was a thousand I put one in the middle so it's 500 and then it jumps to 750 and that's called Sigma wolf now if you go to that new level it's free shipping that's where free shipping starts and then you can choose if you want gold silver or a mix so you get to choose at that level and full on forward every tier after that you can choose if you want only gold only silver or if you want us to mix that's a little bit more work for us on this end but I think it makes us a lot more competitive I was going to tell folks too if they want to upgrade from like a wise wolf or they maybe they've been
Starting point is 00:34:09 looking to upgrade for a while we're gonna put a free silver dollar in there so just you know you can just let us know we'll help you if you're already a member if you want to upgrade we'll help you do that what to cancel the old one we'll make sure that we get you a free Morgan or Peace dollar or something in there free silver dollar. That's great. I just had a comment here. Naeet Loven says, hey David can you ask Tony about his deal for a first-time buyer? I think it said you get free silver. Is that still happening there? I know you just mentioned if you do the upgrade you get a free silver coin. If you do upgrade from any of the tiers into Sigma Wolf that's a free silver
Starting point is 00:34:48 dollar and if you just use promo code 1776 like if you're joining your new we're gonna put some free silver in whatever package. That's great. Well I really like what you do and of course that is the key you know regularly saving at whatever level that you can afford and again you've got this new one, Sigma Wolf at $750. People can decide if they want to get all gold, all silver, mix it and that type of thing and free shipping. But it goes, you know, that's at $750, but you can do it $50 a month if you want to. And so, you know, people can buy any quantity that they want. They can set up a regular savings program. I really do.
Starting point is 00:35:25 What you do there is a big help to a lot of people. So I really do appreciate that. And it's unique. I don't see anybody else doing that in the gold or silver stuff. Knights of the Storm says stable coin is about knowing everything you do and being able to tax every transaction like when you pay the babysitter down the street. Yeah. And it's also about shutting down your access to your own money because they can flip that switch and stop that smart contract and ban your address just like that. And we've seen enough of that deplatforming and debanking already. I've experienced it myself, especially with the tech people. They're the ones Johnny on the spot, you know, kicking you off of platforms, kicking you off of PayPal and things like that
Starting point is 00:36:05 So we know I I'm not under any illusions that simply because something is a private App or something like PayPal that it's going to be Reasonable or not controlled by the government. It absolutely is controlled by the government Anything else you want to tell us about you got a show that's coming up right after this show finishes. Tell us a little bit about where people can find that. Yeah, it's been a couple of weeks. I was sick last week. I was dealing with whatever gain of function. Whatever vaccine thing that ran. I think it's measles. Watch that episode of the Brady Bunch so I don't have to be afraid of that.
Starting point is 00:36:47 No, I was dealing, I hadn't been six since 2016. I got a little chest cold or whatever and a little bit, you know, chills and I was just laid up in my cabin in the Ozarks. We had time to think though, so it would be an interesting show. It's Arterburn Radio Transmission will be live on Brumble and the America Unplugged channel and Twitter at Tony Arterburn will be live there. So come check us out. We'll do at least an hour of parapolitics and precious medals. That's great. Another question here from Eli Eli says, for crypto what about Monero? That is one of the private coins where people cannot see your transactions. You still have the entrance ramps and the exit ramps and things like that, but within
Starting point is 00:37:29 that their transactions are private. Also there is, I think, another one called Zano, I think, as well as Piratecoin. But again, when you've got small currencies like that, you may wind up having something that's illiquid. That's the other side of it, just what we're seeing with Rockfin. When you get something that is a small-side cryptocurrency, sometimes you can't get your money out of it because there's not a buyer on the other side. Yeah, I used to be on Rockfin.
Starting point is 00:37:58 I remember that channel. I just woke up and had zero followers one day. If you know anything about crypto, I mean, there's some amazing things that go on in the space. You know, Monero, pirate chain of these privacy coins. I love the fact that they've put a lot of work into that because I think privacy is key and it's your money. It's your funds. I mean, we live in this world because of the crime of the income tax and I think it's a punishment. It's built, the
Starting point is 00:38:32 income tax and the system itself is built by the world's wealthiest people to make sure that they don't have competition. And they sold it to us by saying it's other people who are going to pay for it. The rich people are going to pay the taxes and they deserve to get taxed. The same thing that we're hearing from Trump now about the terrorists. And of course, these are people, both Trump and the Democrats, they don't care about the deficit. So why do they have to tax us is what I always say.
Starting point is 00:38:57 And we know why. We're way past fiscal sanity or... fiscal sanity or uh... having anything be budget neutral for taxation uh... it's now just a it's a weapon it's a weapon that's it's wielded to make sure that you uh... stay in your place and so we wouldn't have to worry about any of these things like it would be a moot point like privacy coins be a moot point
Starting point is 00:39:21 if there wasn't such thing as an equated punishment known as the income tax and you know if we really wanted to boost the economy it's just suspend the income tax. If you really wanted to use tariffs strategically do that and get rid of the income tax and invite companies to move here. I promised you we'd have a we'd have an economic renaissance in eight weeks. If you announced that and just went stable and said we're gonna do you know this is we're gonna give the market certainty and build here and all but we're not doing that so you know as far as one thing's Mises said about the tariffs that hey if Trump wants to have fair trade and you know free just say hey I'll
Starting point is 00:39:55 get rid of all the tariffs if you'll get rid of all your tariffs right and so we can have free trade we can level it out at zero but they're not gonna do that because they want the money yeah well right the rest of the it's so funny um everybody acts like well I read Adam Smith and wealth of nations is an invisible hand and we're going to all adhere to it except me you know because all these that's saying the countries all do that they all I mean uh Canada has a 230 tariff on dairy products 230 and so So the Chinese have massive tariffs on incoming products into their country. They used our old playbook. So this is all big talk on the world stage about free trade, but it's only United States supposed to take the, you know, all this punishment
Starting point is 00:40:39 and they open up your markets, all the rest of that. We've been doing that for a long time as they've been looting the Treasury here domestically. But this is something completely different. It has nothing to do with economic nationalism. In my opinion, I don't think we're watching economic nationalism. I think we're watching some sort of creative destruction. Oh yeah, I agree.
Starting point is 00:41:01 Creative destruction and a massive grift. 21st century robber bears is what I see these people are. You spell it with just one R instead of two. Maybe that was what was always on Trump's mind. Hey, we could have him be a robber bear, I don't know. But one last comment here before I let you go, Tony. On Rockfin, Qualimo says, Tony, can you speak about your IRA platforms next week
Starting point is 00:41:22 and maybe have a rep on as well? Well, I'll tell you, you know, I've used Tony for the IRA stuff and that's what we have our IRAs in and It's um, you know, it's a it's a simple way to do it really and And you can do that because of the income tax code you have to have a third party That holds the stuff for you but you know Tony can help you get through that and he's very helpful in terms of holding your hand and getting the funds into that. So I can speak for the experience.
Starting point is 00:41:55 Yeah, if you've got an IRA or a 401k or if you want to start one, you can just go to David Knight.Gold, reach out to us. We've got that down. It's an easy process, especially if you're holding a lot of paper right now and you got an IRA or 401k and you're like, what am I going to do here with these and the markets are bleeding? A lot of my clients and I was thinking about that the other day, I was thinking, wow, it's been because I've been doing this for years. And I'm thinking some of them that did a significant amounts years and years ago, that's looking pretty good now, you know, as far as. Especially the gold holdings, you know, like those gold holdings that, you know, went from, you know, I was putting people in IRAs at $1,500 an ounce.
Starting point is 00:42:35 You know, so I. We were long ways from that. I wish I had to move stuff over that point. I didn't do it. So yeah, I know it is amazing. And I think it's going to continue because I think we's going to continue. Because I think we're going to have inflation. I think we're going to have debt. I think we're going to have a financial reset. And I think part of that
Starting point is 00:42:51 financial reset is going to be a reset of the value of gold, especially because it's not simply something that the federal government can have the final say on. It's going to be because all these other countries are moving to that's going to really force their hand, I think. So, but we'll see. Great. We'll see what happens.
Starting point is 00:43:07 Always great to talk to you, Tony. Again, go to David Knight.GOLD. I'll take you to Wise Wolf Gold. Thank you so much, Tony, for your support over the years. I really do appreciate it.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.