The David Knight Show - INTERVIEW Anarchapulco — Getting Out of the Fed System
Episode Date: February 22, 2024Tony Arterburn on what he saw (and said as a speaker) at the annual anarchy-capitalist and voluntarist conference in Acapulco, Mexico. And Tony takes AMA questions about gold, silver, and what's new ...at DavidKnight.goldMoney is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr 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 KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.
Transcript
Discussion (0)
all right joining us now is tony arterban and of wise wolf gold of course tony has set up david
knight dot gold to let him to take you to his website let him know that you're coming through
me uh good to have tony on because last week he was in mexico speaking at a conference uh thanks
for joining us tony tell us a little bit about that conference well thanks for having me back david uh i had a great time it was anarcho poco in acapulco mexico the dollar
vigilante and crypto vigilante crowd uh i sponsored the event i was the only gold sponsor and i got
to speak on crypto day so i had 40 40 minutes on valentine's day Day in the morning to speak. And it went really well.
You know, these are people that, and again, the theme to the dollar vigilante is surviving and thriving after the dollar collapse.
And that's been Jeff Berwick, who's the founder of that.
That's been his mantra for years and years.
And now we're really seeing, and that's what I spoke about on on crypto day. I said, you know, gold and crypto and silver, precious metals, these go together because this is a we're creating a parallel system.
You know, you have Gresham's law that states when bad money enters a system, good money goes into hiding.
And I think that's coming to fruition.
You know, the good money is coming out of hiding because the bad money that enter the system is crashing the system itself.
And so that's what I spoke about. Everywhere you look is de-dollarization,
everywhere. And it's accelerating. I was looking at a story this morning,
just facts and figures. You look at the Russian economy. Two years ago, only 1% of financial transactions went on in the Chinese yuan. Now it's 34%. And they've completely abandoned the dollar. When I opened up my talk
in Anarchapoco, the first thing I said was, when I was 23 years old, I got to see a currency die
in real time, a paper currency. And Voltaire's maxim that all paper currency eventually returns to its natural value
state which is zero and that's looking at something happened to the iraqi dinar you know and
we were told the first mission i had in mosul uh when the iraqi republican guard fell was to go to
the bank and there wasn't any other orders other than try to find some semblance of security because
everybody's running out with boxes of iraqi dinar with Saddam Hussein's picture on them, but they were worthless. Nobody wanted them.
And I said, now think about this, folks. 20 plus years later, I'm talking to you,
and the Iraqi parliament is making it illegal for you to transact in dollars,
especially for major Iraqi banks. They are abandoning the dollar. What does that say?
Because the only currency that you could use post-U.S. invasion in Iraq in 2003,
upwards till the last couple of years, was American dollars.
Yeah, yeah.
Think about how far the U.S. dollar has fallen in the last 20-plus years.
It's absolutely amazing.
That's amazing.
Yeah, I wonder, you know, how much one of the Iraqi notes with Saddam Hussein's picture on it is compared to a Confederate note with Jefferson Davis's picture on it.
What's the exchange rate for those two currencies?
They've gone to zero, except for probably the Confederate currency is a collector's item.
So, you know, it's got some value from that standpoint.
But yeah, that's where it always goes but that truly is amazing uh because you know iraq is um is really still uh heavily um influenced uh with u.s troops there and all the rest of that
stuff but they don't want to use the u.s dollar well it's because i think because of iran's uh
influence in the region and now they're Shia-based in their governance.
You know, Saddam Hussein was Sunni,
and of course the Sunni triangle
and the Sunni are the minority,
and now the Shia are the actual majority in Iraq.
And I think that's what's happening
is the long-term de-dollarization
and waning U.S. geopolitical hegemony,
it's showing its face right there.
That's really all you need to know.
And that's an important point, too.
We talk about the Shias and the Sunnis.
And of course, we also got the Wahhabists in Saudi Arabia.
Islam is not this monolithic thing.
It's got all these different factions.
And just like Christianity was in the Middle Ages, these different denominations, if you
will, of Islam are politically connected. They have
unification just like they did at the time in the Middle Ages. There was this
connection politically as well as with a church. And it was really the politics that was
more important than it was the religious aspect. And so that's
where these Islamic countries are right now. And people think of them
as monolithic, but they're not.
And they're fighting each other, not just us.
Oh, absolutely non-monolithic.
It wasn't George W. Bush who said there's different types of Muslims.
Like, he couldn't believe it.
Actually, I think it was Joe Biden, maybe a moment of lucidity or a talking point from a think tank.
He said, I mean, this is like 20 plus years ago.
He's like, well, maybeq should be divided into three parts you know you're the kurdish north
uh the sunni triangle in the middle and then the rest is is shia and i thought well that might make
sense if someone i've lived there for a year and i was you know in combat for a year there so i know
i know a decent amount about iraqi history and and culture yeah so yeah it's it's not monolithic at all and uh but i think
one of the things that unites them all across the arab world whether you're talking about uh
saudi arabia or iran is de-dollarization they're moving away from the dollar the petrodollar is
dying why this is not headline news all over the financial network should be talking about this not the fang stocks yeah
what i mean what importance is that if the dollar dies literally you know that you have uh saudi
arabia is bricks plus now that's official i mean this was theory a year ago we're saying well
right you know saudi arabia's in talks with brazil russia india china south africa which was already
40 of the world's population then you add saudi arabia
it's it's game over now we're still it's it's funny we're just like we're in the shadow of
the once uh dominating dollar and it's going away i'm and i'm that's my really everything
i'm talking about lately is is leading back to de-dollarization what happens afterwards because
i don't think that the
horse has left the barn i don't you can't do anything at this point even david i don't even
know if world war three would bring the dollar back to its original dominant yeah um so you look
at saudi arabia joining the bricks i mean that's it right there uh because they were really the
linchpin you know we had saudi Saudi Arabia and you had Iran with the Shah,
and that was the U.S.'s power within the oil producing area,
and then tying that all to the U.S. dollar and them buying U.S. weapons and that type of thing.
When Saudis leave, because we lost Iran a long time ago,
but when the Saudis leave, that's it.
That's really the petrodollar right there.
End of game. Yeah, that's all she wrote and then the dollar's propped up by something called money velocity and we spoke about this many times but money velocity is basically it's like the ponzi
scheme when you quit using it it's or maybe uh you could liken it to tinkerbell if you don't
clap tinkerbell dies and the same thing with the dollar. You don't use it, it dies.
And you've got 80% of all the $100 bills ever made in physical form are not in the United States of America.
They're being used around the world.
And as a young soldier, when I saw people just dumping the Iraqi dinar, it went to zero.
And using the American dollar, I thought, okay, well, this is pretty universal. Now they're not using the american dollar i thought okay well this is pretty universal
now they're not using the dollar that's slowly going away you have uh there's a gold boom going
on in china they're not exporting as a matter of fact the uh the swiss uh the six-year high on
gold exports to india and china so even in the midst of China's real estate decline, a massive bubble and recession,
they've overbuilt their currencies in real trouble, but they are buying gold. And while the rest of
the world sleeps, I don't think they realize what's happening. Well, and of course, commercial
real estate issue that's there. But even beyond that, China was way overbuilt and other things.
And the stock market getting very, very shaky now with these big companies getting shaky like Evergrande.
And they imposed, they basically just stopped a company that was selling too much stock too quickly
because they're afraid that the whole market there is going to collapse.
That's how shaky it is in China.
So they're putting all kinds of draconian restrictions on their stock market.
There's an interesting article from International Man,
the number one warning sign that capital controls are coming soon.
Just like the Chinese are putting controls on the stock market,
we can have these capital controls happen here on cash and all the rest of this stuff.
And as he points out, he says,
this has already been done in a lot of different countries.
Argentina, Lebanon, Venezuela, Iceland, Greece, Cyprus, Turkey, Russia, Ukraine, been done in a lot of different countries argentina lebanon venezuela iceland greece
cyprus turkey russia ukraine china india south korea and governments in countless other countries
have done these capital controls and done it recently and so he says so what's what's the
sign that it's going to happen here in the united states he said the warning sign to look out for
is when they say it's not going to happen.
When they start to talk about it and say, well, you know, the capital control, don't worry, it's not going to happen.
That's when you got to be concerned that it's going to happen real soon after that, right?
It's like the early 70s with price controls.
Yeah.
Nixon took us off the gold standard in August of 1971, and then that followed with price controls because they had to figure out how to stop the runaway inflation. Gold went up 2000% in the 1970s, but gold didn't go up in value. So run that through your mind. That's what I tried.
It's counterintuitive, folks. The gold, gold is not going up necessarily. It's, it's, it's the
dollar is going down. It's losing purchasing power. And you read off that list of countries.
Most of those economies, I say the majority, are not doing well.
We're talking about Venezuela.
They're selling off their gold holdings because so much debt has come due.
Argentina, same thing with their currency imploding.
So those measures don't work.
And free-floating fiat currencies, there's 52 times more currency on earth today than when I was born 44 years ago.
We have a massive systemic worldwide debt problem as well.
These things are coming together and I think it's culminating in what the IMF is even saying at Davos.
The most headwind of an economy since World War Two, which that's interesting.
We're in a fourth turning. Isn't that interesting? 80 plus years on.
That's that's where we are. And so we're positioning yourself.
And I see this even and this is a this is an open question.
I asked this at Anarchapoco to the crowd because these are crypto people.
I said, well, most of the time, you know, I look I'm pretty pessimistic about the ruling class and what their views are.
You had Larry Fink come out and say from BlackRock and say that that Bitcoin is now a store of value in digital gold, which is a long way from where they were five years ago, basically saying that it's only used in illicit activities and money laundering
and terrorism. And Warren Buffett said it was rat poison. Jamie Demon, Jamie Demon said he'd
fire any trader that went. Now they all have ETFs. Yeah, but it's interesting. Some things afoot
there. You know, I had Stuart Angler on who wrote the book Rigged on the gold and silver markets and
has dug into this for years and years about how they rigged the gold and silver markets and has dug into this uh for years and years about how they rigged the gold and silver markets his his theory on the Bitcoin ETF was that it was going to be
used to suppress the price but now we see uh you know gold or Bitcoin at 51 000 and some change
today up 30 percent in the last month so there's some there's something to that unprecedented historical activity in the
currency markets, David. You see a big finance moving away, buying gold, even again, even actors
like Larry Fink saying that Bitcoin is digital gold and a store of value. So there's something
there. It's an off ramp, perhaps, for the elite.
We're still looking at that.
Well, you know, I guess maybe Bitcoin was too honest for them.
They had to come up with some kind of a devious derivative
to attach on there before they could really double down
on this thing and make it work for them.
Maybe that's what it is.
They're just waiting to roll out some kind of an ETF on top of it
so they could manipulate it in that regard.
Yeah, I don't trust these guys.
But it is kind of interesting to see how that is going back and forth.
We've got, are these any questions?
Yeah, we got some.
Do we have questions for Tony?
Let's see.
Yes.
Because Tony had said, if you want to do do we're doing ask me anything questions here if you want to ask him some questions he'll take them on rumble we have uh
sprumford says uh even after endless pep talks my bookcase continues to whimper at the sight of
tony's so that's you got a massive bookcase there that's great he likes your bookcase uh uh kareem thank you for
the tip he said tony they just wanted you to clean up after the israeli special forces team
that already took the iraqi gold from the vaults there you go well that's that's where the israeli
army was i never saw any israelis when i was over in the middle east fighting for a pack yeah that's
right uh let's
see i don't think these other questions are for tony but anybody has any questions for tony uh
he certainly is willing to take him you know when we look at what happened with argentina javier
malai which i have my i have some concerns about him especially after he went to davos because that
always puts a red flag on somebody for me you You can criticize Davos. You can criticize him to their...
I never went to Davos, but I got blocked by Davos,
by the World Economic Forum on social media.
I never addressed them directly.
So you can say things that get their ire up
and that get noticed at least by them, if not by other people,
without going there.
And I always worry about people who physically go there.
But he has focused, like he said, the central bank in Argentina was awful.
He says, I don't like any central banks, but some of them are worse than others.
And so he's shut down pretty much their thing and pegged it to the dollar.
Their inflation, Tony, has gone from 150 to 250 did he
pick the wrong central bank horse to bet on there was a there was an article i read on my show about
a month or so ago on lou rockwell.com about malay and it he has ties to the imf he has ties to black
rock yes and argentina was moving into the bricks periphery so did they was this
a coup to keep argentina out of the bricks because that seems that's the trend that's where the
energy is going um and you know like we've talked about many times you know the the weaponization
of the u.s dollar our actions not only that it's not only just the weaponization but the the
our economy is weak and we're not
we're not making strategic decisions about production or wealth or any of those things
and i think the the world knows that looks at us and says well you're not doing well financially
uh you weaponized your currency you know there's 40 different sanctions on 36 different countries
we're out and argent Argentina was one of those.
And now you have this chainsaw wielding guy.
Yeah.
It sounds good.
It sounds good on paper.
He's an anarcho-capitalist.
You know, he talks about gold.
He supplies the anarcho-capitalist flag.
It's gold and black.
He's got all of that going for him.
But there's just something.
It's almost too good to be true.
So I'm skeptical and pegging yourself to that.
There's so many other alternatives, you know, that the ways you could go the dollar.
And, you know, you and I have spoken about this.
It's just again, it's about usage.
And the math is not going to be there for you in the long run.
Maybe the short run.
There's not many places to go right now.
But again, 2001, 75% of all the global transactions went on in dollars.
And now it's 43% and declining rapidly.
So that's a trend you'd want to pay attention to.
Yeah, yeah, absolutely.
Yeah, that gave me red flags with the chains.
All of the theatrics and stuff, it's like, okay, well, I don't know the country. tension too yeah yeah absolutely yeah that that gave me red flags when the chains that all of
the theatrics and stuff it's like okay well i don't know the country i know that that works
but i saw these games these theatrics uh the over the top uh criticism of other people and then
coming around all the stuff same type of thing that trump did then coming around and making
friends with him just like the world economic forum as you point out he's got these these ties to the imf uh he was all over the pope who was uh from argentina
and a marxist for sure so he hated him and it's like okay well he doesn't like the pope and and
then he converts to judaism and everything but then he goes to uh the vatican and now they're
all buddies there yeah and so it's like wait a minute there's something really phony going on
here i don't know.
This is like Trump in 2016,
you know,
because you'd be in jail and then you fast forward after his inaugurations.
Oh,
she's a wonderful person.
Yes.
Good people.
You know,
that's just,
you know,
I had,
uh,
I had the privilege of,
of being on air with G.
Edward Griffin,
uh,
while I was producing for Don Jeffrey's about a year ago.
And you get to talk to the wise old sage
i mean g edward griffin the author of the creature from jekyll island and such an activist the john
birch society and has been so far he was so far ahead of his time you know and he's in his 90s
and he's so sharp and i i told him i said i read the creature from jekyll island and uh that was
one of the reasons i'm in the gold and silver business. And we got onto a series of questions. I said, what's the one thing that you would warn
the younger activists about and those who are fighting this battle? What would you warn us
against? And he thought about it and he said, controlled opposition is the number one threat.
It's the people that look like they're for you and they're not so you can guess where he is politically like that was that
was his theme he's like be you know it was a warning yeah from the old sage and uh i need to
have it back on but that i think wiser words were never spoken i'd love to get him on again i talked
to him once years ago uh but he's right about that. And if you go back and you look at what was it, somebody like G. Edward Griffin, who knows the Marxists and knows how they set this stuff up, it was the Bolsheviks who set up the trust.
That's what they called it.
And so they ran all the anti-Bolshevik organizations were run by the Bolsheviks so that they would know.
They funded it uh they
you know they they did everything they could to promote this so they could draw in all their
opponents and know who they were and we see this happening over and over again that's why
you look at Trump you look at Javier Malai it's like it's definitely with Trump uh Javier Malai
it's still kind of early days but a lot of some uh you know signals that that's really uh I think
what is happening there but getting back to the capital controls thing i thought it was interesting because he
said you know the first thing is you're going they're going to say that they're not going to
do capital control so when they actively deny it you know they're about to impose it and so he says
so what do you do uh about this and so he has a couple of things here he says uh have have a
foreign bank account uh have real estate in a
foreign country i looked at these first two things i thought that's exactly what pfizer was doing
you know when they when they when they went to brazil and to argentina and a third latin american
country which was not named by stat news a pharmaceutical publication uh they basically
said you're going to hold us harmless not not just for the vaccine itself, but also for negligence and manufacturing and shipping and all these other types of things, which was not anything that anybody else is doing.
But we want to have an insurance policy, essentially, on foreign assets, bank account assets, land and things like that, that Argentina and Brazil and these other countries have in other countries so that we can get to that stuff. And so, uh, yeah, that is absolutely true. So there's
nothing that we can really do about that. Most people, but he mentions then, uh, Bitcoin,
and then he mentions physical gold, bullion coins. These are really the fallbacks that we've got
are to, you know, to prepare ourselves against these capital controls are to have um physical gold and
to have um bitcoin uh and things like that that's really the only thing that we've got in terms of
a financial uh aspect to make preparations for something like capital controls isn't it
yeah not etfs that's right yeah not etfs they're actual things. Not paper, not GLD, not SLV, and not whatever ETF is claiming that they're buying Bitcoin.
You need to have your wallet, your keys.
It's really not hard to learn.
And you talk about cryptocurrency.
Bitcoin is the only crypto I'm buying right now.
And that's because of its decentralization.
It's not run by a company.
It's not run by a country.
It has lasted. It's not run by a company. It's not run by a country. It has lasted.
It's still growing.
The network's growing.
The adoption is growing.
So I'm bullish on Bitcoin.
I'm not even really in the Bitcoin business anymore.
I was some of the first Bitcoin ATMs in this country.
And I learned a lot from it.
But really, my mission right now is still precious metals.
And that's gold and silver no counterparty risk uh that that's the main no physical gold and silver no counterparty risk
and one of the things i was talking with it's very hard to move physical precious metals across
boundaries that's why like you you see people getting into jewelry that's just always a good
idea uh think ways that you can travel with it.
But when you're talking about a significant amount,
you're looking at storage and I'm,
we'll be announcing something soon on being able to store for people.
I'm looking at a Texas location,
possibly within this year to do some legitimate secured storage for people
that, especially if they're going to be living outside the country.
Okay. Well, that's good.
Yeah, if they're outside the country.
One of the things he cautions about is be careful about bank safe deposit boxes because
it's going to be one of the first places that they go.
And we saw that happen in California where they went into that one area and the FBI stole
all of this stuff from everybody.
I mean, you know, there's one or two people that might have been involved in criminal
activity, but they got it from everybody by going into these going into these safety deposit boxes, it's just, uh,
that's, that's a difficult thing.
I got a couple of questions here.
Uh, we'll start out with the, with the, uh, the funny one here, Billy, the kid
part two says, I just bought gold for the first time, Tony, I spent $3,000 and
got me three pairs of Trump sneakers.
Is there real gold in trump's sneakers i
don't think there's anything i don't think there's anything real about those uh but i love that
question uh here is a more serious question i like that joke uh for tony uh sprenford says
tony what are your thoughts on silver versus gold is silver worth holding
stack silver uh silver long term it's the the price the the word i would use is ridiculous
because we if you look at the price uh history 1980 52 dollars and 50 cents an ounce now what's
the purchasing power of 52 dollars and 5050 in 1980 versus today it's what's
probably like 250 dollars it's it's it's the the disparity there is insane uh i'm about to release
an interview i had with peter kraut who wrote the great silver bull book and uh that we we really
dove into not only is the price of silver manipulated i I mean, JP Morgan's been convicted of this.
It's counterintuitive because most people don't pay attention because it's a price manipulation
to suppress it. Now, why is that? And who is the largest holder of silver in the world?
Oh, it's JP Morgan. So they're buying physical silver. And that's the thing is you're talking
about hundreds of millions of ounces in deficits now for the demand versus the production.
So the recycling, and I've discussed this on my interview with Peter, most of the silver, it's in landfills.
Because it wasn't worth getting out of the electronic components to get thrown away.
Only about 20% of the silver that hits the market is from silver mines the
rest of it is just uh found in either recycling from from jewelry and other places or found in
gold mining copper mining and they just well that's extra so they set it aside there is not
a lot of silver mining going on so while the price is is suppressed it's it's too cheap to even go get it so there's going to be a reckoning and i've i
have seen intel that a lot of the big banks have stopped their shorts on silver which they normally
short it and a lot of them are pulling those shorts and so i think i think there's going to be
in the next uh year or so again not. It has nothing to do with investing. Just watch this because I think it's going to become less and less available. Even after the market's
corrected some and it's stabilized a bit, I still don't even see the amount of availability that I
saw in 2019. We're not even close to that so there's something if a whale right now that there
was a it was two or three whales that wanted to come in and and buy up the silver they couldn't
place the orders we know that in the so in the in the physical precious metals business you can't
lock those trades so i would i would say get physical silver and stack it for the long term
because it's way out of even the gold and silver rate the gold and
silver ratio historically is something that you need to pay attention to as well because it's
always been uh either 10 to 1 or at the highest 20 to 1. we're at 87 to 1. and that's baby during
the height of the scamdemic 125 to 1 at one time in the first quarter of 2020. So that disparity,
there's something,
there's a reckoning coming in the price of silver.
I don't know what,
when,
but it will happen.
Math eventually kicks in.
And when you say it's counterintuitive that they're,
they're getting this to depress the price.
But we've seen that type of thing happen before.
I remember when the real estate market started collapsing and it's like,
so what's their game on this?
Cause all of a sudden I remember we had a neighbor who refinanced their house and they got a really,
really low interest rate. Uh, they, their payments went down, they got cash out of it and all the
rest of the stuff. And we looked at it. It's like, well, maybe we should do that. All of a sudden
within a week, the interest rates just jumped. And they said, well, it's something that happened
in California and now spreading all over the country. And it's like, well, I don't know, but you know, why would they do this? Well,
we see why they did it.
They depressed the price of housing and they bought into it and they do this.
They create a, just like the, you know,
the warnings about the creation of the federal reserve said they'll create a
bull and bear markets and they will profit when it goes up and profit when it
goes down. And so when they start depressing stuff like this excessively,
you know
that they're playing a longer game and and they're going to do something to uh on the other on the
other side of it uh they are going to uh artificially increase it probably as well uh we got a another
couple of questions here i think for you um tony what states can your paper goldbacks be used in?
Well, there's even in states where they're not used officially in those states,
there's locations.
You can find that on the goldback websites.
But there's Idaho, there's Wyoming, New Hampshire, Utah, just to name a few. And there's others.
And we're getting more access to those in the coming months.
You can actually find locations like me.
I accept Goldbacks.
You can use Goldbacks at Wise Wolf, both in my Texas location and Branson.
And there's individuals.
So, yeah, you can go on their website, and there's a list of companies and locations.
So it's really all over the country, not just those states.
Somebody asked me that question the other day, and I said,
well, you know, when I was talking to Aaron Day,
he wrote a book about CBDC, and he's talking about that.
And he's very heavily into Bitcoin, gold, and silver.
But he said, I give people these gold paper notes,
and I'll give them a little sheet, you know, leave it as a tip.
When I'm at a restaurant, I'll give them a little sheet and tell them what this is.
And that's the key thing, you know, whatever it is, uh, it's a medium of exchange.
And, um, you know, for the most part, other people, if they buy into it, you're good.
It doesn't have to be something that is officially recognized at the state level.
It just has to be recognized by the person that you want to buy something from.
And if they understand what this is, then, and you may need to educate them on that. Uh, but if they understand what this is then and you may need to educate them on that uh but if they understand what it is you're fine with that and
so that's the key thing about um all of this stuff and and you know we have um they're going to try
to to pull on the other side you're already starting to see some uh trends like we see in
the uk and other countries would say we're not countries would say, we're not going to accept cash.
We're not going to accept paper money from the federal reserve,
even though it says on it, this is a legal tender for all debts,
public and private, that type of thing.
They can just say, no, I don't want to take it.
Well, legally they have to take that, I believe.
And, but they don't legally have to take anything else from you.
I mean,
you could have a gold bar there that you want to give them for a,
you know,
a stick of gum and they don't have to take that,
you know,
like they would have to take the paper money.
But if,
if they know what the value of it is,
they would certainly accept something that is way out of a lot more
valuable than what it is that you're trying to exchange from.
So it's just that there has to be,
you know,
a give and take there uh in terms of
making it legal tender you know even though gold and silver is recognized in the in the constitution
uh and referenced uh you know still have people that might say well i don't want to take the gold
or i don't want to take the silver or whatever so you know it's just one of those things uh but i
think that it's uh what i like about it is the fact that it is it breaks down the gold in terms of a small enough unit that you can actually do something with it.
And if things hit, then it'll really get popular.
I think.
I have watched them grow in popularity.
It surprised me over the last five years when I started my business six years ago there.
I almost had no business done in goldbacks and nobody asked for them I get requests all the time and I finally
just said every membership level in wolfpack even the wolf cub every month gets goldbacks
everybody gets goldbacks because people like them and I think you're right they're divisible
they're recognizable they're 24 karat gold uh you can't
go wrong with them i just you know if you if you've got even if you can't spend them right
now i promise you eventually you will be able to there's more and more adoption every single day
and people and we've talked about this because of inflation uh people are starting to pay attention
to the currency again and it's not getting better It's not going to get better. The price of groceries is through the roof. They even had an article a couple of weeks
ago on MSNBC or something like that. And they said, well, people, the price of TVs is stabilizing.
The price of electronics is going down somewhat and used cars is going down. But food keeps going
up and we can't figure out why. Well well the economy's bad and people aren't buying
the tvs or the electronics as much there isn't as much demand that's economics 101 but people still
need to eat so that's where all the inflation is at right now so i and this is something that's
it's not going to get better so goldbacks fractional silver fractional gold these are
all really great things to have in the parallel economy that's forming itself.
I mean, really, it's becoming, it's organic.
It's building itself at this point.
That's right.
That's right.
Because of the dollar.
I got a comment along those lines from the dude 7781.
He said, when the shelves of the store are empty, a can of tuna then becomes worth far more than any lump of gold or paper with some dead guy's picture on it.
And that's really, you know, when we look at is uh it's relative to whatever the current situation is if you get to
those kind of a dire straits where you know people are starving then it's going to come back down to
the can of food it's going to come down to the uh to the lead that you've accumulated in terms of
ammunition and things like that uh that's what it's going to devolve to but you know we're looking at a situation where if we go in something that um uh that i've been through you've been
through as well uh what we saw in the 1970s rat the disruption that comes from inflation is just
so incredibly uh you know difficult and to live through and i've seen that happen i've seen what
it does to everything when inflation picks up like that so that's one aspect of it the second aspect of
it of course is the de-dollarization we've never gone through anything like that in our lifetime
we've always had the dollar uh be the king of all currencies so we've never seen uh what that's
going to look like but then the third thing is the cbdc and the cbdc types of controls could be put
there without a completely grid down uh you know uh apocalyptic scenario where we're all fighting
over food the cbdc scenario could be imposed before that happens and to me that's really what
uh you know setting some money aside and in gold and silver and the people want to do it bitcoin
uh that's that's what that's really about is a hedge against the CBDC types of surveillance and control
where they still have the ability to get food, but they're just going to keep you out of the system
and you've got to have some kind of a parallel underground economy, gray market or even black market.
That's where these things are going to come into play, I think.
Well, I agree with the assessment on a can of tuna.
Robert Kiyosaki tweeted that out a year ago,
saying, again, you can't eat gold and silver.
Even he said that.
You can't eat gold and silver.
And I can't eat tuna.
It's going to have to be something else besides tuna for me.
What gold and silver and Bitcoin are
is a bet that civilization will continue.
And without civilization
you know monetary exchange units aren't relevant food is relevant water's irrelevant the way to
protect yourself is more relevant so it really just depends on the degree of what kind of dystopia
we're walking into so uh you know would that surprise me if there was no economy? Probably not for everything I know about history.
But I think that, you know, you're right.
This any sort of pause in what we deem as normal and we have normalcy bias, any sort of pause or disruption in that will be where they insert the central bank digital currency.
That threat has not gone away.
It still trickles down
into our news feeds they're still working on it uh you know whether it's the imf uh with their
unicoin or the bank of international settlements uh the the unified system they want to create
the top-down uh cbdc control system that's being implemented yeah so it's coming they just need a crisis and it'll be
oh by the way we've got your wallet we've already got you 50 you know just do a hail satan and scan
your biometrics and we'll give you your central bank digital you can go buy groceries again and
you're an approved citizen and you're essential you know all this language will be used again so
that hasn't gone away so the fight for us to create parallel systems are like
Catherine Austin Fitz has been talking about with sovereign state banks and you know we have so much
on the horizon that's good news but you don't don't for a second think that they have stopped
their plans to to create that that top-down totalitarian control grid with the CBDC yeah as
you point out they've got all these different ones unicoin world coin i mean and and all these different central banks have got all their
different coins and as you see them saying uh with world economic forum what we gotta and at the eu
we gotta have these things interoperable with each other that's the key they're all designing all
their own unique things and they'll be out there just like you can get a one ounce gold coin and, uh, it'll have, um, you know, maybe you get a VNAs coin.
It's got, you know, uh, an orchestra with a stuff on there.
You got American gold Eagle or a Krugerrand or whatever.
They've all got their little stamp on it, but it's all essentially the same
thing.
So they're going to have their, just like they got different gold coins that
they meant, uh, they're going to have these different CBDCs, but they're all
going to be interoperable with each other.
And, and, and so they're just, they're creating this infrastructure.
It's pretty much already in place.
It just got to pull the trigger and unify it all.
That's what we've got to be concerned about.
Uh, another couple of questions here.
Actually, this is a comment and a tip.
Thank you, guard.
Appreciate that.
He says, not that the cold weather here and, uh, in New Hampshire, in thepshire studio inspires my thought but i wonder if tony
got info in mexico regarding freedom lovers who are trying to leave the u.s and where they're
headed if so what about lots of it lots of expats and they had a whole system there at anarcho poco
and through the dollar vigilante you can go check out their website they've got people that can help
you uh you know relocate are you looking at other countries that are, well,
possibly friendly to, you know,
former US citizens or dual citizens and, you know,
whether it's Mexico or Panama or Nicaragua,
I've met a lot of people there that had moved out
and they're spending most of their time
in South America and other places.
So, you know, do that research for yourself.
It's funny, almost everywhere I go,
I meet people that know Gard too.
And I was in Acapulco and I was like a mutual friend now.
And I said, I'm talking to Carla.
He goes, oh, tell Carla.
I said, hi, from New Hampshire.
And so it's interesting.
You just meet people. People know Gard. His reputation
is magnificent. Internationally, Gard,
I meet people. I say, you know Gard Goldsmith? Absolutely. He's one of the greatest guys. So smart.
Yes. Well deserved. He definitely deserves that recognition.
They're wise to listen to him. I had that experience. Karen and I
went in, I think it was 1998. My mom
had died. She'd had a stroke. We were taking care of her. And after she died, we thought, well, you know, we need
to think about, and I'd been thinking about leaving the country ever since
there was the Ruby Ridge in Waco. I thought, yeah, you know,
I think we've crossed the Rubicon here for sure. So we went
to New Zealand to take a look at living there.
I actually set up a bank account temporarily there for a while and close that now.
But the, um, I looked at it seriously and, um, and I just, uh, you know, of course I
met with some people that were there that were also, uh, Liberty lovers.
And, um, and so we had this, uh, discussion about who had it the worst.
I think they convinced me that America wasn't as far along as New Zealand was.
But just even then, you know, when I was 30-something, it was still, I was too attached to America really to leave it.
So I thought, well, might as well just fight it out here.
So that's why I'm not an expat.
Another question for Tony here from Spromford on Rumble.
He says, thanks, Tony, for the silver advice.
Any preference for large bars versus American Eagles?
Other than it's obviously a better deal to buy bars.
My advice to my customers is always get the amount of ounces closer to how much the dollar units you have.
American Eagles, the premiums on them, I don't agree with those premiums. Now, you're still getting silver cheap. I mean, it's probably $31 an ounce for an American Eagle today,
and I haven't checked. That's probably retail around $30, $ could stack you know 100 ounce silver bars for
around 25 20 25 and a half so you really need to take a look at how many ounces you're getting
because that's what's going to be most important now in your trading ability fractional pre-1965
silver is a really good thing to have if you join wolfpack we do a lot of the 10th ounce pieces i
was actually putting 10th ounce sovereign silver Britannias.
That'll be coming up in the next series of Wolfpack packages.
I just bought about 5,000 of those.
Wow.
So we're going to be putting those in the order soon.
So we do a lot of fractional there.
So if you've got tradable silver, that's the first thing you're going to want is tradable silver.
American eagles are fine if you can get a good deal.
But after that, when you've reached a point where I've got all my tradable silver that I'm probably going to need for an emergency or for a while to spend, you know, if there's a problem with the dollar or a currency, run on the dollar or currency collapse.
After that, stack the ounces.
And one of the best ways to do that is just get a recognizable bullion bar.
Kilo and up is probably the best deal.
Kilogram bars are a good deal all the way up to 100-ounce bars.
Always a good deal.
Yeah, I've got the money for a 100-ounce bar.
You're doing pretty good there.
That's good to know.
It's been great to have you on.
I don't have any more questions here for you from the listeners,
and I know you've got to get going because I usually do about a half hour or about one and a half times that. So thank you so much for coming on, Tony. Always
interesting to talk to you. And before we go, anything else you want to
tell people about what is happening at Wolfpack and with Wise Wolf?
Well, first of all, always a pleasure to
talk to you, David, and it's an honor to sponsor this program
and i know how i heard the first part of the show and you talked about radio and uh you and i will
talk soon we've got uh freeworld.fm we're still we're working on launching and i want to include
you on that and i know that it's it's tough it's tough to broadcast. I know I run your broadcast short bursts and it's exhausting.
I love doing it, but I know how much it takes out of you
and how much you're giving to the audience.
So we'll definitely discuss that.
Wolfpack is growing.
We're doing our best to find interesting products
and find good deals.
I looked at the latest invoices.
If you look at your savings,
I want people to pay it.
When you get the new invoices in,
check out the savings because I'm meticulously going through product
when I buy it
to see what I can do to save people money,
especially with shipping
and credit card fees and all that.
And it's generally significant.
I have bought in the last couple of weeks
close to 5,000 ounces of Canadian silver maple leaves
that are brilliant uncirculated with still the boxes isn't opened yet. So you're getting a lot
of great stuff in Wolfpack and saving money that helps support David. So you can go to
davidknight.gold. Check out the tab that says join Wolfpack and the deals that are coming.
We're working on the website, all that good stuff. And my two physical locations are there to serve people.
You can do one-time purchases, 401k, rollovers, IRAs, all that stuff.
And we're just working on faster shipments and better customer service as always.
And thank you again for having me on.
Well, thank you.
And thank you for supporting us.
And it really is
a great idea what you got in terms of group buying and being able to do it in small quantities and on
regular basis that is uh something that is a very unique service and you do a great job with that
thank you so much tony again tony arteman of wise wolf gold and you can find his website and let him
know that you're coming through us if you go to david knight dot gold all the connections are there to take you right there thank you tony appreciate it
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