The David Knight Show - INTERVIEW BlackRock, Biometrics, ETFs, CBDC, and Listener Questions

Episode Date: March 21, 2024

Tony Arterburn, DavidKnight.gold,Time for an election and interest rate drops as scheduledBlackRock moves into tokenization & "digital liquidity fund"Liz Warren's Wealth TaxListeners' questionsHow... to set up or roll-over a metals commodity IRAAnd moreMoney 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.

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Starting point is 00:00:18 If you have questions or concerns about your gambling or someone close to you, please contact Connex Ontario at 1-866-531-2600 to speak to an advisor, free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. All right, and joining us now is Tony Arterburn of Wise Wolf Gold and Silver. And Tony has set up DavidKnight.Gold
Starting point is 00:00:41 to take you there and let him know that you're coming through me. We've had Tony as a friend and a contributor and a supporter for a very, very long time. It's always a pleasure to have Tony on. Thanks for joining us, Tony. Thanks for having me back, David. Always good to see you. Well, it's been kind of interesting, isn't it?
Starting point is 00:00:59 Everybody knew this was going to happen. It's no surprise election year where they've got the uh the rationale for it or not they don't care they will create a rationale and so now they started talking about doing some fed interest rate cuts and uh and it's having the the anticipated effect isn't it well they're counting on the uh the memory of the american people being very short as it usually is uh gord but also we were the United States of amnesia. I go back to, you know, what, two years ago, they were talking about, oh, this inflation is transitory. I use the word transitory, and now they've gone so far as to say we're at the terminal rate.
Starting point is 00:01:38 I like that phraseology a lot better, but they didn't move interest rates, but they're hinting and they are going to you and i both know this they're going to lower interest rates it looks like uh some somewhere around three times this year but if you look a little further down the road you know in 2025 they're going to have to raise interest rates again okay because inflation is going to go completely out of control the headlines across uh everything that I look at, you know, when I monitor precious metals, is that gold hit its all-time high, which I think is something that's inevitable. It's not even surprising anymore. But what it should have said is that the dollar hit its all-time low. I think we need to start looking at it that way.
Starting point is 00:02:19 The dollar is continuing to hit another all-time low, and commodities and precious metals, the prices are being reset globally. That's the big story here. That's the takeaway. But I think we're watching these interest rates. It's a sideshow, David. I mean, the interest rates are going to get lower. We're going to have a fake economy going into a fake election with fake politicians politicians just like we always do except the consequences i think with the dollar losing the world's reserve currency status i think these are much more dire consequences
Starting point is 00:02:51 than we've had in the past i guess it's kind of like you know the old thing is the glass half empty or half full i guess it depends on whether you're measuring the water or the air you know the dollar would be equivalent to measuring the air equivalent to the water you know the dollar would be equivalent to measuring the air gold equivalent to the water you know the actual stuff that's right uh so it's like the the matrix with a little boy in the spoon bender so what you have to remember that there is no spoon it's kind of like there is no there is no currency here it's your imagination oh man i'll tell you and so you know just that um just the rumor just the rumor of uh well we're going to have an interest rate cut maybe coming up this summer, maybe three months from now, maybe in June or whatever. So just the rumor of that sent the stock market up, sent gold up, sent crypto up.
Starting point is 00:03:36 And what it did was, as you point out, it sent the dollar down. More so than thinking, well, everything went up except for the dollar. But, uh, what it did was when they said, well, we're going to devalue the dollar, uh, by, uh, by doing this. And we all knew they were going to do it for the election. Uh, they're demanding that this be done. We've got Elizabeth, um, Warren, as well as Bernie Sanders, those two economic experts, uh, sending a demand letter with 19 Democrats from Congress telling you you better lower the interest rates they give every reason they can think of and none of them valid except for the fact that it's an election year that's the the key thing isn't it well I liked your analysis this morning at the beginning of the show you're talking about this writing unlimited checks yeah
Starting point is 00:04:21 they don't there's no fiscal responsibility left that's not even in. That's not in any of the vernacular coming out of Washington, D.C. or the political parties. They're not talking about that at all. It used to be a big issue. And if you notice, that's the dog that doesn't bark. Nobody talks about it anymore. And so I think we're watching this death of a currency, the looting of the treasury. All bets are are off that's what that's what we're watching and you know you're exactly right the only thing that reigns in this out of control federal government uh the out of control the wall street criminals the only thing that reigns them in is the loss of the world's reserve currency status of the dollar this money
Starting point is 00:05:00 velocity where you have you can just go and continue to print without consequence. But the consequences are real. They affect real people in real time. And I think, again, fake money, real consequences. And that's what we're watching play out, Dave. Oh, absolutely. And that's one of the reasons why you've got Russia and China moving with bricks and everything, because understand that's our superpower. Our superpower is to be able to create money out of thin air. That's what real American exceptionalism is about. We've got a couple of questions here on Rockfin. Gordon Shumway says, gold is going to go to $3,000, silver to $90.
Starting point is 00:05:38 When is the bubble going to burst? Well, you know, go back to 2020. That's a good question. for gold bugs and silver bugs like me i you know i've been paying attention to this for years and years and uh you know again it's something something that cannot go on forever will stop that's herbert stein's law never underestimate how willing the powers that be are to devalue currency and to create new currency supply. We have a trillion new dollars in debt every 90 days now. It took us from 1776 to 1980 to go a trillion dollars in debt for the United States of America. Now it's every 90 days.
Starting point is 00:06:20 So everything is accelerating. To make a call on when silver is going to break its all-time high you know again 50 52 and 50 cents in 1980 for silver it did it it did it close to that again in 2011 gold came close to 2000 or broke 2000 in 2011 and then again ben bernanke came along and said oh well it calmed everybody down and said we won't we won't do the tarp funds again and the bailouts and the too big to fail don't worry about that uh we're going to have a lot more fiscal responsibility and all that it's going to tone everything down and precious metals fell yeah and they fell for a while and then again 2020 gold breaks its all-time high i was hosting your show uh down in austin when it did on August, I believe August 6th, 2020. But again, the ride from there has been strange because of all of this intervention.
Starting point is 00:07:11 And it's a very powerful entity. And you've had, you know, I've had Stuart Angler on who wrote the book Rigged about the gold and silver markets, about how the bullion banks, the giant ones work with the central bank because in the West, f currency not just the dollar the fiat currency is at war with gold so they don't they have a vested interest in the price not going up just like i said earlier it's the gold's not its all-time high the dollar is its all-time low it's an inversion of how you should look at it and so i don't know when these things are going to kick off but i do know city bank goingank going back to 2020, I have a memory.
Starting point is 00:07:49 I go back, I remember all these projections, even like major banks were saying $3,000 gold, easy, within the next year. That was 2020. That didn't happen. So I think we have a lot of delayed reactions. The best thing you can do right now is because supply is not as strong as you may think. And this is some, take it from somebody who's trying to source and supply you know i've got close to 800 members right now for wolfpack so that's automatic every month we have 800 people that are doing the bulk buy-ins together so i have to project two or three weeks out it's not as strong as you may think and one or two whales in the silver market there would be almost no supply wow and that that's how close we are to a revaluation here. So I would just, you know, if you're accumulating, you're stacking, keep doing that. If you can keep from selling, keep from selling. If you don't have to sell, don't sell. Of course, if you're going to
Starting point is 00:08:36 sell, sell to me, I need supply. If you don't have to sell, don't sell. Because I think these prices are going to change. And again, is it going to go up? Well, I know that it's going to go up technically, and this is an investment advice because the dollar is going to go down. Yeah. Especially if you look at just the reaction, the rumor, uh, you know, it gets, um, um, everything, you know, crypto stock market gold and everything when they actually start to do it.
Starting point is 00:09:03 And I know they say, you know, um, uh, you know, look at know look at the buy it on the rumor and sell it on when it actually happens but it's going to happen multiple times and i think you know as you point out it's going to be probably three times that's what the rumors are now that's going to it'll happen more than once and so they'll still be um they'll still be going up with that. It wouldn't surprise me either, David, if gold fell way below $2,000. And the reason being is because if you look at history, look at what happened in the first quarter of 2020, when you had the highest stock market since 1929 and the lowest. It was in the same week. You know, this huge dip.
Starting point is 00:09:41 And gold went to like $1,100 an ounce or something like that. No one could find it for that. But same thing, silver went to some crazy number like $13 an ounce or $12 an ounce. I just looked up when you and I did my first interview with you, gold was at $1,425 an ounce. I looked that up this morning. We're far away from that. But again, can it come back down in short periods? Sure it can because it can follow the markets and you got to understand how much paper gold there is. That's how we're far away from that. Yeah. You know, but again, can it come back down in short periods? Sure.
Starting point is 00:10:05 It can't because it can follow the markets and you got to understand how much paper gold there is. That's right. We don't to understand that because you and I don't think like we don't think like we're in best words, but there's a huge amount of that where it's just not real. And so that that follows the market. There's a lot of those trades that go on, but you know, it's interesting, something happening at the same time.
Starting point is 00:10:24 Gold is continuing another all time high or the dollar is all-time low but this you know this huge phenomenon with bitcoin and there was billions and billions being taken out of the the gold that are flowing out of gold etfs at least hundreds of millions and it's going into the bitcoin etfs and And supposedly, all these analysts were saying the gold price was going to go down. It's not going down. Because the central bank, it's too big. You're talking about a massive shift away from a currency. And I don't think these analysts, I don't think they fully appreciate the historical gravity of what's happened.
Starting point is 00:11:01 Yeah, and that's the thing that makes me really antsy about all that is the ETFs, because of what I know about paper gold and paper silver and how they can use that to manipulate things because of what I saw with the real estate derivatives and all the rest of the stuff. When they start creating these ETF things, to me, it looks like NFTs. So it's like, is this thing for real or are they just using this as a tool to manipulate? And that's another question we've got here. This is from Michelle Obaman.
Starting point is 00:11:29 Thank you for the tip. Can you ask Tony about BlackRock's tokenization of all assets? And of course, they've just given an Ethereum-backed digital liquidity fund $ million dollars again you know even you know along with blackrock and creating these uh these digital assets and um uh tokenization stuff you've got ethereum which there's a lot of talk and it has been talked for a while that maybe you know when they introduce cbdc they might do it if they do it really quickly they could piggyback it on top of ethereum that really seems to be the inside track. Everybody in the public likes Bitcoin, but the system seems to be shifting people towards Ethereum.
Starting point is 00:12:12 I don't know enough about the crypto. But what do you think, Tony? What's going on with BlackRock? I read that yesterday. It's very troublesome. And I've been asking this same question since the launch of these ETFs. And you have Larry Fink from BlackRock praising Bitcoin, talking about digital gold and stores of value. And I just start looking around and say, is anybody else noticing this?
Starting point is 00:12:42 You have this, the bankster, at least the face of one that you can see, talking about how there's validity in cryptocurrency. Now, I guess color me skeptical skeptical i don't believe these people i don't think that they're intent because you know larry fink has also said about changing behavior of people using using uh you know esg to do that and of course they're also major buyers of of residential real estate in the united states you got to ask yourself why that is as well to change behavior right this is what this is what banksters do you go back to the the funding of the bolshevik revolution or the revolution in china and with mao in 1949 is backed by the world's richest people so i i i'm skeptical i don't like it when again something was the crypto market didn't need your intervention.
Starting point is 00:13:26 As a matter of fact, the whole purpose of crypto was to move away from a dying system that's corrupt and that is not free market. And there's a lot of problems with the crypto market, with the meme coins and everything else. And I agree with you with Ethereum. The thing that bitcoin's different because bitcoin has no company nobody knows who satoshi nakamoto was or if it's a person or a group of people nobody really knows and it's an open question um but it has no centralized company no country where all these other every other crypto like it or not traces back to someone because it's open source.
Starting point is 00:14:08 You know, there's an initial coin offering. You know who it is. So Bitcoin is different in that way. And again, you can still be skeptical, but there's something with that. Yeah, they're not going to run the CBDC off the back of Bitcoin. Yeah, I don't see that happening, but it would be one of these other coins. And, you know, I remember, you know, Ethereum the Ethereum it was trading was 10 10 times what it was when I started trading it you know when I was I used to to sometimes offer a theorem I've pretty much gone down to just Bitcoin for right now just trying to see what happens in this market uh when I if I do any kind of uh trades through the shop
Starting point is 00:14:41 um but yeah you'd be very skeptical of that that. Whenever BlackRock or Vanguard or any of these majors are touching cryptocurrency and trying to drag it into the old system, I think it's a red flag. And even Max Keiser, he's talking about how the people that buy the ETFs are going to lose out. If you're going to own Bitcoin, go get it yourself. If it's not, your keys are you know it's just like physical gold you know if you're gonna buy gold etfs all you're buying really is a stake in a spot price you're not really actually buying gold you should always think about the counterparty risk to anything whether it's crypto or gold
Starting point is 00:15:21 that's right and whenever you see these again these derivatives or the etfs or the involvement of companies like blackrock and jp morgan who are always poo-pooing you know cryptocurrencies we see that happening uh you know they it's kind of like the old thing uh they got to get behind you before they can stab you in the back when these big companies start to buy into something it's like oh good now they're they're an investor like me no they're getting into it so they can manipulate this thing because if they can manipulate it and crash it they've still got lots more money they can put in and ride this thing up that's the whole point they don't want things going going horizontal they want them they want a roller coaster ride right dip and then straight up with a rise and all the rest of the stuff and so to me that's a big uh big warning when you've got big institutions coming in and you've got derivative instruments
Starting point is 00:16:10 that they're inventing and all this other creating for the first time well that's a to me that's a real scary thing we got another question for you this is off of rumble atomic dog says david in four years almost the day, gold is now up 33.2%, 25% last three, 14% the last two years. I would accept that as a real inflation that we have seen over the last four years. Would Tony agree? Absolutely. Yeah. Yeah.
Starting point is 00:16:40 I think that's more. Watch commodities, even though they're manipulated. And I think that's probably just the tip of the iceberg. If you really follow the amount of currency creation, the actual expansion of the money supply, the inflation is much worse. And you find it in food and other things because a lot of these other products that we talked about this before, they're saying, oh, well, there's prices are stabilizing or they've gone down. That's because there's no demand. You're talking about luxury items or, or electronics and things that people can do without, or they can use an older model, but the real inflation is in the
Starting point is 00:17:15 grocery store. Yeah. That's where you go find the real, the real cost of what they've done, uh, in the last five years. That's right. Yeah. And when you look at it again, you know, whenever you look at a trend line with something, uh, you're going to see stuff jumping all around
Starting point is 00:17:28 and then they draw the line through it because there's a lot of noise that's there and that's this kind of day-to-day variation or month to month variation. But, um, over a period of time, you can see that. And you and I have talked about this for the longest time, uh, how over a century or longer, uh, see that um you know the value of gold stays there along with the value of of other things that you buy with a custom suit or travel or things like that some of those have been helped by efficiencies of manufacturing or other things like that but for the most part it stays there not so with these fiat currencies uh so that's a key thing you know
Starting point is 00:18:06 one of the things that we're seeing also is the fact that um liz warren and others always always liz warren she's always present presenting herself as a champion of a little guy when she's really for big government and big banks now they're talking about a wealth tax i don't know if you saw this or not but it'll only apply to the ultra rich. So you and I don't have to worry about this, right? Right. Right.
Starting point is 00:18:28 But it just like the income tax, you know, that only applied to the ultra ultra rich. And it was a very small tax initially for the ultra ultra rich, but we know what happened to that. Now they're pushing this out there to confiscate money. And the other part of it is they know that it's going to drive people out of the country.
Starting point is 00:18:43 So then they have to, on the back end of it, put a big penalty for anybody that leaves the country. This is another sign of desperation and the fact that they're never going to leave people alone, isn't it? Well, again, go back to 1913. You go back to the 16th Amendment. This was brought to you by the world's richest people. They indemnified themselves. They built their foundations.
Starting point is 00:19:05 And then they said, oh, no, no, no. This is just for the ultra rich. It's just for the top. Well, it wasn't. It's supposed to trickle down and it's supposed to affect all of their competition. And it's just Elizabeth Warren is a stooge for international banking.
Starting point is 00:19:20 That's what she is. I mean, she's not, where's the grassroots enthusiasm for elizabeth warren i remember when she this was back in you know 2019 at the primary and she was running and i i was having my radio show one day and i said i think she's got the it factor though you know like the clown it like in the sewer i think she's definitely got the it factors that's when she had the commercial she's like i'm gonna go get a beer out of the refrigerator and you're thinking if this person is this animatronics did she escape from chucky cheese there's something
Starting point is 00:19:48 wrong with her and she's always you know portraying herself as uh well other than other than being you know um pocahontas and and all the rest of that she's portraying herself for the as the little guy you know i'm for the little guy i'm sticking up for the working class and the teachers and all that and you look at how adamant she is about, I mean, boy, she has a true hatred of crypto. And, you know, pushing all this other stuff. You know that she's there for the big banks. You know, she's aligned with them and her interest precisely. And yet continuing to tell people, oh, I'm there for the little guys.
Starting point is 00:20:19 The consumer, and I always get the word order out, but this Consumer Financial Protection Board that she created, what they did was they drove a lot of small and medium-sized banks out of business. It didn't protect any consumers at all. It just drove small and medium-sized banks out of business that were the competitors of her bosses. Always the goal. Yeah. She is a mouthpiece for international banking and multinational corporations, period. That's all she is. They're speaking through her you know those who oppose uh the free market of
Starting point is 00:20:50 crypto it always it's the hegelian dialectic too david you know it's like oh well we need to regulate these well well what we need to do is we create an etf and we'll let we'll let blackrock regulate it we'll let we'll let the you know the the majors and the banks will regulate we'll go through them so that it's a poison pill you know any kind that's the way they do it we'll see they're going to outlaw it or we'll make it go through this system and that's again so it's so transparent if you're looking if you're looking at history to know that these people actually are and uh you know i i'd like to i wonder um how that's the staffer that she had that came out and it was all for the Bitcoin ETFs. I don't know if you remember that.
Starting point is 00:21:31 Somebody got in and hacked or a staffer may be on their way out. I hope they're okay. I don't know where. I just sent flowers somewhere or whatever happened to that staffer. But somebody came out on her twitter and was endorsing bitcoin well you know when you look at this and the origins of this um and you compare it to the beginning and the origin of the income tax and the rates that were there that was like i think a one percent tax and you had to be like a you know i forget the level but it was you know like a multi-billionaire today she's starting out at something that's even higher than that to begin with and we all know that it's
Starting point is 00:22:02 going to migrate as the income tax did to the middle class, but they're starting out with a 2% tax on anybody that's got a net worth between 50 million and a billion. If you're over a billion, it goes to 3%. And they put this in and they sell it to people based on people's envy. It's like, oh yeah, why I'm nowhere close to 50 million. So I, you know, yeah, those people should pay their fair share and so forth and so on. Knowing that these people have an army of accountants and they're not going to pay any taxes, no matter what Elizabeth Warren does, they're going to find some way out of it, or they'll buy some politicians to put a couple of loopholes in specifically, and they'll jump through those loopholes.
Starting point is 00:22:41 But the thing that concerns me that just doesn't have any attention anymore from the Republicans is this army of IRS agents and the fact they're going to make this thing not even five times bigger. You know, you had Kevin McCarthy say, well, let's not make it nine times bigger. Let's only make it five times bigger, whatever. I'm sorry, seven times bigger. Let's make it five times bigger. And now you got Johnson who's back up to making it as big as Biden and Pelosi wanted it in the first place, up to seven times bigger.
Starting point is 00:23:10 Nobody is talking about that. And that along with their continual push to say that they want to, that one of their key duties is to have CBDC. That's the stuff that really concerns me, this digitization. And so, you know, we've talked about the value and the imploding value, I think the value of the dollar that will implode. But the thing that concerns me even more than that is having something that is going to be private, that's going to be physical. As Catherine Austin Fitz points out, having financial,
Starting point is 00:23:48 private financial transactions. And that's the thing that makes me want to get out of digital and get into physical. That's the key thing that I'm looking for. JP Morgan, Visa, joining MasterCard and so many others talking about how they're going to do biometric scanning, facial recognition, contactless payment. They want to start with grocery stores. They want to start with entertainment venues. That's what they focused on, those two. And I thought, yeah, bread and circuses.
Starting point is 00:24:17 That's what they want to get everybody. You're going to have to have a digital currency and biometric ID in order to get bread or circuses. They want to use those choke points on people. Oh, the only thing new under the sun is the history. You don't know. That's right. To quote Harry Truman. And,
Starting point is 00:24:31 you know, thinking about Shakespeare, when troubles come, they not, they don't come in single spies, but in battalions. These are all these things that are coming down the CBDC. Yeah.
Starting point is 00:24:43 Again, the battalions of irs what's that battalions of irs yeah but battalions are the 87 000 irs agents the new regulations they're getting having to use your biometrics and again this is they're creating a a trap for all of us anybody who who remembers what it was like to live in and and what a semblance at least i consciously accepted it as a free country i don't know what i'm in anymore i'm in some sort of economy sector in the new world order that's what i feel like yeah no longer no longer and and and what i feel like was you
Starting point is 00:25:16 know my beloved republic that i that i love so much yes and i think this is what we're having to endure this it's multi-pronged. But at the same time, again, we're not trying to fix that old system. We're just building new ones. That's the, you know, our buck, Mr. Fuller talked about that. And I, you know, he's long since died in the early eighties, but he was a futurist and a genius. And he talked about having, you know, when you see something, the old system, don't try
Starting point is 00:25:41 to go yell at it or try to prop it back up or whatever or fix it from the inside. Just build a new thing. And I think there's a lot of innovation. There's good things going on at the same time. But we need to be aware of the problems. Like we definitely, you and I talk about them every week. We definitely know they're coming. And we were way ahead of even mainstream or even, you know, you have conservatives now.
Starting point is 00:26:04 I'm going to do the conservatives you have people talking about cbdc um but i don't think they fully grasp where it's coming from you know both both major candidates in the race uh going into 2024 uh we know their history with cbdc whether it's trump with jerry christian or biden and and again these are they have the same donors they have the same plans it may come in different forms but cbdc is coming so I think just knowing that you talk about being outside of this system whether it's you know physical gold and silver you know having that in your hand you know having an ability to access physical metals like you know David if you and I want to do if I want to buy a tractor from you and I you know I go down to Tennessee and I want to buy a tractor from you and i you know i go down to tennessee and i want to buy a tractor from you or whatever and i give you a few gold coins where's the bank in that where's the
Starting point is 00:26:49 yes who knows about you and i know and i've got value for value and and we we walk away that's right and that is a that's a major fear to the powers that be that's why they want to kill cash that's right it's you know they there's been a on, there's a war on cash. I promise you that. The physical thing is the key. Physical thing. Physical and anonymous, that's really the key. And that's a very, very important thing to prepare for. Absolutely. Talk a little bit about the IRAs. You said that you had somebody ask you a question about how to do a metal IRA. Yeah. One of your listeners called me yesterday and just said, you know,
Starting point is 00:27:28 it would be great if you and Dave would take just a few minutes to explain that. He goes, there's probably hundreds of people like me that want to know, because you mentioned it, but you don't ever explain how it works. Well, and I appreciate the question. I've been doing these when I first set up my shop, I wanted to be a little bit smaller shops generally don't offer IRAs. That's usually your big one 800 number places.
Starting point is 00:27:48 And, you know, that's they do a lot of the bigger transactions. So I decided I'll get into this. I'll dip my toes, figure out how to do it. And we did. We have a company that we partnered with through the trading floor in Dallas called New Direction Trust. So they handle all the legal, you know, set up your IRA, all the paperwork, all the docs, make sure everything's great. Once you set that, it's $50. You go to New Direction Trust's website, you set up an account, deposit $50 in there, and then you've got a precious metals IRA. If you have an existing IRA or a 401k, you can, without penalty, roll that in, all those funds
Starting point is 00:28:22 that are sitting in the fiat market, because that's what it is. And if you're in paper or you're in 401Ks, IRAs, it's fiat market. Whenever you want to put those funds, you can roll it. Again, no penalty. New Direction Trust helps you roll over those funds into the Precious Metals IRA. Once it's in there, you can contact us and we'll buy you physical precious metals. Not a piece of paper. It's your metals.
Starting point is 00:28:45 I mean, it's going to, you pick, if you want Canadian maple leaves, those are your Canadian maple leaves. You know, if you're American Eagles, it's your American Eagles. And you own those. They have to go into a third-party vault. Again, not in the bank. It has nothing to do. It's not inside. The cool thing about the precious metals IRAs and why i endorse them is because at least it's
Starting point is 00:29:05 the first step removed there's no bank there's no bank it's not under that regulation so those are going to go into third-party storage vaults i use uh dallas i and i and that's just me personally but there's all over the united states they've got them in nevada the idaho uh they've they've got them in in delaware so there's all. So they're all over the place. I think there's 10 major vaults you can choose from. Storage is about $180 a year. So if you've got fiat funds in the market and you're interested, it's a very easy process. You can go to DavidKnight.Gold.
Starting point is 00:29:40 You can contact us. I can show you how. It's just literally a new direction. Once you open an account with them, they will help you get any existing funds over there. gold you can contact us i can show you how it's just it literally a new direction once you once you open an account with them they will help you get any existing funds over there and we get the process done in a couple of weeks and then you've got metal stored you know and there's and again there's uh you'll start to see and i i had a lady that approached me when i was in an archipoco and she said will you please take a look at my precious metals ira and i spent some time with her and i had to tell her unfortunately you used you used a dealer
Starting point is 00:30:10 that oversold you in some numismatic stuff even that happens in iras they over they just overcharged her um so you got to be careful with those because a lot of these 1 800 numbers they're going to put you in some collectibles and even though you've got the metals but you would you got to look at it as your melt value. So if you say you gave me $10,000 and I'm going to have to, you know, I'm going to have to, there's premiums on physical metals, whether I like it or not. I can't buy things that spot. So there's going to be some premium there. But your melt value is going to be, you know, how many ounces to spot that you have. And I try to make that number as large as possible because I don't want people to say well i got ripped off and this lady unfortunately it's like more than 50 percent
Starting point is 00:30:48 well her deposit was put into numismatic blue sky you know just ethereal cost when really what you're looking for is the melt because that's with your absolute rock bottom so we try to do that at wise wolf i'm very very cognizant of of you of people who have worked very hard to save up what they have in these fiat markets. You'll take a little bit of a hit because it won't be dollar for dollar. But you're still going to have gold, physical gold, physical silver, even physical platinum, if you want to do that, in a tax-free shelter, which is really what it is. And it's outside of the bank.
Starting point is 00:31:29 That's great. So you just basically, once you set up the new Dimension account, and then you tell your current IRA to roll this stuff over to them, once they get it, they contact you and you contact the user and find out what kind of mix you want to put into your metal IRA. So it's a pretty simple process. The first thing I do if I'm talking to somebody, whether it's the IRA or anything else, David, I don't know if anybody else, I pull up my competition. And I said, this is what the competition's charging for X, Y, and Z. And this is what I can do.
Starting point is 00:31:57 So we generally try to save you a bit, at least be transparent enough so you know what you're buying. That's great. Yeah, it's an easy process. Once you have it in there, we can get your medals in there in a few days that's great let's let's talk about one more thing before i let you go if you got the time uh your network that you're setting up tell people a little bit about that where that is and we're going to be there eventually well yeah we've got uh jason barker is an ambassador for us now and uh
Starting point is 00:32:23 melissa's been helping we've got freeworld.fm is the network. Billy Ray Valentine and myself have been working on that for about a year and a half or maybe two years now. Time flies when you're in the apocalypse. We talked a lot about having a lifeboat for free speech. Yeah. Something that's, you know, I'm building the infrastructure so we can eventually have our own servers and other things like that, have our own app. And it's audio only, but it's freeworld.fm. It's a 24-hour
Starting point is 00:32:55 station. You have some great hosts over there like Jason Barker, Angry Tiger. Guard is up and running. I do my show there and many others. You have a slot there for we want to bring you over we just need to get your software hooked up and that's pretty much the last step and of course you and you and i we can we can talk off air too because i have some other ideas i want to uh run past you but uh it is it's for the people we got a chat there i think it's pretty um pretty active uh on the free world. FM website.
Starting point is 00:33:26 So yeah, we want to be there. We're looking forward to being there. I want to be there because again, uh, as you said, we're going to have a lifeboat for free speech. It's getting rapidly worse,
Starting point is 00:33:36 very, uh, very rapidly worse. People getting, uh, now jail sentences for, uh, speech that,
Starting point is 00:33:42 uh, the government hates, uh, they're, they're ready to really crack this thing down. I think we're going to see that, uh, speech that, uh, the government hates, uh, they're, they're ready to really crack this thing down. I think we're going to see that, uh, after this next election, they may even do it before in the name of, uh, you know, making the election more honest.
Starting point is 00:33:56 They may shut down speech because we, you know, we want to have an honest election. You certainly don't want to have a debate, right? Uh, so, uh, we'll, we'll be there and we'll get this together uh and we'll probably it's taking us a while to get this stuff together but we want to do that and we'll be there free world.fm good to know that you're putting that up and thank you so much tony for supporting us with david and i.gold we really do appreciate it thank you thank you you did. The David Knight Show is a critical thinking super
Starting point is 00:34:35 spreader. If you've been exposed to logic by listening to The David Knight Show, please do your part and try not to spread it. Financial support or simply telling others about the show causes this dangerous information to spread farther. People have to trust me.
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