The David Knight Show - INTERVIEW Fed Cuts, Shakes the Markets, Gold ATH, What's Next?

Episode Date: September 19, 2024

Tony Arterburn, DavidKnight.gold Less than 10% of analysts expected this big a rate cut.  Gold passes $2,600.  What does it say about the economy, the election, inflation and what comes next?Find 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: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 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.

uh welcome back and we've got tony artaban on the line of wise wolf gold and he set up david.gold to take you there great place to buy gold and silver you can also get group discounts and save regularly each month with a small amount or a large amount he can handle that either way when you buy gold or silver it can be a small or large transaction. He can help you to set up whatever you want apart on a monthly basis and get a group buy. And that's a great way to save just to accumulate this over a period of time. Thank you for joining us, Tony. I mean, talking about accumulating stuff over a period of time. I mean, just look at this, the shock that just went through the market with the interest rate change from the Federal Reserve yesterday. What effect is it having on the gold market? I

haven't seen the numbers this morning. Well, pretty much in correlation immediately, gold broke its all-time high again. I'm losing track. Somebody asked me the day, how many times has gold broken its all-time high, the ATH, in the last six months? And I said, I don't know. I actually lost track a while ago. So yeah, gold broke $2,600 an ounce. Whoa. It is interesting, David. You know, you and I have been talking about this for a while.

There was going to be a lowering of interest rates. They started to talk about that back, I believe, as early as March. And there was supposed to be something by May. That didn't happen. And then, you know, June and July rolled around and didn't happen. You and I just started speculating even way back then that the closer we get to the election, when they look, I think, at the overall field of how all the politics are going to work

and how that's going to play out, what the economy looks like, then they lower the interest rates 50 basis points. That was unexpected it was only supposed to be 25. that's a very aggressive rate cut even the headline of drudge uh just about two links down is saying that the Fed is very aggressive right now so something something is going on we know that they have stagflation which is the high high unemployment uh they've got inflation they got low economic growth. So they have stagflation.

So what's the deal here? They asked Powell if it was politically motivated. He said he served all Americans. He serves himself is what he's doing. Right. Whatever they're doing. No, it did surprise a lot of people. What I saw was that 90% of all of the economists and experts and talking heads,

90% of them thought it was going to be 25 basis points. And he came up with 50 basis points. It's like, whoa. So it really was not what they were expecting. That's why I thought there'd be a lot of moves in the stock market, moves in the gold market. But to go past 2,600, that's pretty important because these are psychological barriers. Once it starts getting up to its height, people look at it and say, well, I don't know, I haven't seen it up to 2,600. So maybe it's overvalued. I'm going to sell off. And so it

takes a while, but then when it jumps past that, then people get used to it. And then it starts to accumulate and go to the next one. And we had people who were saying, well, it's going to get to 2,700 by the first quarter of 2025. I don't know what's going to happen with that. I don't predict the future, but it's well on its way, isn't it? I think so. Yeah. We had Mises.org said, an economy so strong that it requires crisis-level Fed action.

We're doing so well, and we've've licked inflation so you know what that means David we need inflation yeah that's the again this is this is the crazy part and I think you know where Henry Ford said if people understood the banking system there'll be a revolution in the morning it's really not complicated they have a lot of technical jargon that they throw at you you read these articles that you're talking about the the interest rates are lowering or raising and what it does the economy and all of the all of the technical stuff but at the end of the day everybody's with bated breath watching jerome powell asking when are you going to give us some more inflation because that's what this is yeah the lowering of interest rates is going to be currency creation it's debt creation it

increases the money supply it's going to again further decrease the value of dollars uh that's just what this is in in a simplistic term so yeah that's the reason that gold uh broke its all-time high again bitcoin is up silver is up it's finally I think, found the threshold of $30, and it's staying over $31, I believe, right now. Let's see. Silver's right under $31. $30.87 a troy ounce for silver. So I think we're going to continue to see these moves in metals.

There's more and more inflation against the market. Yeah. Oh, yeah. It is amazing. When we talk about him making dramatic moves, of course, that's what he's known for. When you go back and look at what happened with, and I've got a chart here, and this is also from Mises, the Fed hits the panic button, slash, this is the Fed funds rate. And so they show the interest rates going back to 1992 to 1992 you know going up and down as they're manipulating the markets and when you go back and you look at what happened in the run-up to the uh the great recession and the housing crisis and everything you can see them raising it um you know

gradually it looks like a stair step going up and then all of a sudden everything pops and then they drop it down to basically zero after that's like a stairway up to a stairway to heaven uh and then all of a sudden everything pops and then they drop it down to basically zero after that so it's like a stairway up to a stairway to heaven uh and then or to hell i guess but uh then when you look at this most recent one uh it goes way up higher and not only that but it's not a stair step because he was raising it so rapidly in such short intervals and doing it not at a 25 basis point increment but at a 75 basis point interval it just goes straight up it's absolutely amazing so um yeah he's known for this type of stuff um you know drastic move so in a sense i'm not surprised about that it'll be interesting to see how the politicians will spin it of course um you know the republicans will say well it's evidence that we got a weak economy they'll say well it's evidence that we got a weak

economy they'll say well it's evidence that we uh have beaten inflation and so forth so uh it's uh even the people are trying to excuse it or saying well uh yeah i think we got inflation under control but you know the jobs are pretty shaky well uh that's not uh that's going to be hard for them to spend that for the average person then to their favor. But I don't really think the voting matters anyway. I think they're going to decide. They're going to pick who the president is regardless of what we think about it one way or the other. But it'll be interesting to see how they try to spend this, don't you think?

Oh, I agree with you on that. And what's been absent in this election is any real talk over the economy. It used to be the economy yeah it used to be the economy stupid and it's not anymore uh you know you go back to the candidates that are stupid james carville was wrong it's the candidate that's the problem and you go back and you talk about the great recession you know uh i lived through that i had a real estate company i was running a convenience store at the time and i remember you know again just kind of getting a crash course and uh fed uh intervention and what was happening there was a lot of currency creation

there was the housing market was hot they had the subprime and all of that all the derivatives that were going on the difference between that market and this market is, yeah, they started to raise rates and that kind of cooled things off. And then of course there was the crash, but there was a lot of consumer demand. That's why gasoline, if people remember, gasoline hit over $4 a gallon during like the peak of the subprime market. So what had happened is all that currency creation, people were able to get easy access to liquidity. They were borrowing against homes. They were selling homes, buying homes. So all that currency hit the market. People were buying stuff and they were buying cheap goods from overseas. That caused a lot of factories to use a lot of

energy. Energy prices went up. People had to decide if they were going to pay for their heating bill or their gasoline or their groceries. They started choosing more domestically, buying less and less. And that caused the whole thing to collapse. It's interesting now, David, they have, again, the same kind of liquidity in the market, but the consumer confidence is down. So a lot of these things aren't as hot. These sectors, especially energy and in these other places, the demand isn't the same. So they're trying to, again, it's just more like stagflation where you've got low economic growth, you've got inflation and high unemployment. So really all these things are going on at once.

So him cutting rates aggressively like this, it really signals something else. I don't think anybody, I didn't expect 50 basis points. And I think you and I expected them to do it right before the election, which is pretty much right on cue. But the 50, that's something else. And I wonder, again, the markets are moving a little bit. pretty much right on cue but the 50 that's something else and i wonder you know again is it the markets are moving a little bit it's going to take a while for all of that to kick in because this is going to be about cheap money entering the system but i think it'll be whatever happens will be short-lived and we may have may have even more rate raising on the horizon

depending on who gets elected yeah yeah it's crazy zero hedge in terms of um you know people put in air quotes apolitical yeah right uh they tweeted out it's amazing what 818 000 down downward jobs revision that nobody could have seen coming uh because the economy was so strong and then we have this happen. Yeah, it's political. It's absolutely political. And, of course, Gerald Slenty had been saying he was surprised that they hadn't actually done more of these. I guess he thought that they would do, you know,

several of them spaced out to, you know, several 25 moves. But they waited and did 150 later on, you know know just a single 50 uh so i guess that's the way they're going to play it but um again it just shows how manipulative the federal reserve and the and the federal government is i mean they're the problems with the economy really began with them and uh and they're everything they do is is seems like it's almost calculated to uh destroy things uh yes and even if a short term it looks like they're everything they do is is seems like it's almost calculated to uh destroy things uh yeah and even if a short term it looks like they're doing something to help themselves well you have to wonder what all these motivations are for we're losing again that's the big picture

you step back and look at it take the politics out of this and domestic uh issues with our currency why are we losing the world's reserve currency status, which is huge? It's prop the dollar up. It's one of the reasons why we have this. We can write all these checks. We can write these blank checks all the time. It's because, again, the world is using our currency, but they're rapidly dumping it, and we do nothing to stop it. As a matter of fact, there's headlines that come out that the Saudis are really having some deep talks right now with the Chinese about the petro you won at least if it's not the petro you won it's something related to bricks it's something that's in the periphery of those nations trading within uh you know their cross-border payment systems outside of the

United States and anything with that has to do with the west and its sanctions so that's happening matter of fact there's another article i saw that the the saudi government is secretly uh they have uh transcripts of this um of money medals found this through um some research that the saudis are buying gold uh off the books secretly through switzerland yeah so all these countries that are in the bricks right now are just accumulating gold massively. We're not. The United States is not. Canada is not.

The West in general is pretty much not buying gold. But these BRICS nations are. There's a reason for that. Yeah, I talked about that. The guy doing the detective work and finding out that they're actually trying to conceal the gold that they're buying, saying that it's a consumer, that type of thing. So playing the same game that china is doing but of course the petrodollar is already dead because they've they're accepting a payment in other

currencies that was the essence of the petrodollar but then you find out that they're accumulating gold in a massive uh scale and doing it uh secretly and not attributing it to the central bank china doing the same thing and now that you're talking about if they set up some kind of a petro you want then what that does is that pivots from making you know from the petrodollar to the petro you want that makes china the reserve currency this has always been the game in my opinion uh to make china the the largest economy they want to use them as a beta test site for the cbdc type of stuff with their social credit system and everything else uh they want to have a an economy that runs off of slave labor like they have in china you know another aspect of the chinese economy was always intellectual property theft.

That sounds awful a lot like the business model of YouTube and all the AI companies, doesn't it? It's like intellectual property theft, currency manipulation, and then using the scare tactics of the climate change garbage to make sure that they've got yet another component of all this stuff which is of the china price which is going to be cheaper energy far cheaper energy than anybody else had they always have had this set of this goes back to kissinger and the geopolitics of all this stuff well you're absolutely right i mean and uh justin trudeau certainly would love to see

more growth in china china taking over the world that That's his favorite place. That's his model. And that's the way a lot of these World Economic Forum stooges are. They love China. Again, you hit the nail on the head. You go back to 1949, the Rockefellers, the Rothschilds propping up Mao, making it possible for communist China to take power there, the communist government under Mao. And Nixon opened China in 72. But the year following that is the birth of the Trilateral Commission. I don't think these things are an accident. They have a test model. They want to set it up. And everything has been a pivot away from us in the West and the United States and really going to China. You can see the trade deficits that we've racked up since 1974 and

we ran our last trade surplus and all that's gone over to China the manufacturing base uh the the again the debt that we've incurred uh you know borrowing China owning our debt now dumping our debt uh there is something interesting too um and it is it's there's something about the stealth of this has always caught my attention, but the, you know, the Chinese, the beginning of this century started buying massive quantities of gold and off the books. So that's interesting. Why would you not want the world to know what you own? Wouldn't you want to, you know, be perceived as more wealthy or have that kind of strength? And they would buy stuff off the books. They still buy things off the books. They have 60,000 gold mines.

I know I've said that before on this show, but there's estimated 60,000. They're not a net exporter. They keep almost all of it there. I think they're looking for the, and China plans for the long-term, as we know through history. What did Napoleon say?

China's a sleeping dragon. You should let it sleep. Keep it slumbering. So that's something that we haven't done. We basically woke it back up and then infused it with all this globalist capitaled away from the United States. And maybe that's one of the reasons why we did nothing to stop that 50-year agreement from lapsing with the petrodollar. Yeah, yeah, yeah. And climate change, you know, the Paris Climate Accord. But yeah, depopulation. I mean, they were always on board with that. It's like, you know, whatever the globalists wanted, they're, yes, sir. You know, how high do you want us to jump on this thing?

They've always been there. As you pointed out, Justin Trudeau, yeah, I love China. You can just do, if you've got something that you need to do, you can just do it. George W. Bush said the same thing. I mean, we look at this, wait a minute, this conservative Republican, George W. Bush, said that he'd like to be like the Chinese dictators, just to be able to tell people what to do. Yeah, he said that just like Justin Trudeau because they're both globalists and these labels don't mean anything these elections don't mean anything folks it's all

rigged it's all planned these people are all working for the same it's like the professional wrestling they all work for uh McManan or whatever the guy's name was I don't follow wrestling that much but yeah it's all about that and um I've got a question for you though uh this is on rumble don't frag me bro says please ask about linked cards for using metals for purchase power i had on yesterday i had aaron day and he was talking about how he's he's working really hard to try to find cryptocurrencies and even ways that he can make private the transactions in the wallets when he's doing something that's not private, like Bitcoin. But he's focusing on Monero and other ones. And he was talking about a different process and how he's constantly evolving and he's doing that. He's also talking about how he uses gold and silver and how, especially there in New Hampshire,

people understand the gold certificates that you hand out. He said, I'll leave them there for the tips for people. So they start to see that. But he talked about various ways that he was trying to get out of the system and use what he had stored up with either crypto worth gold or silver. So again, the question is, what about linked cards for using metals for purchase power? Do you know anything about that that you could tell them? I believe what he's referring to, I believe, is there are some programs where you can buy

gold and then against that gold, you can get a visa card or a master card and uh in real time they can use funds uh from your supply like if you're going to purchase something and then the gold comes out of your account i do know um there's an author of a book called um pirate money yeah and it's really about the the founding in the united states and uh our linkage to um the the spanish conquest of the New World and how the gold and silver flooded the market and that's where the the modern dollar really comes from and the weight and measurements of that you can it's an it's an interesting book and he had some ties to the the building of the Texas depository for gold and silver but I'll have to have him on the

show I read the book recently. I thought it was really good, but he talks about that and he's got one of those, those same link cards. So, um, maybe, uh, I'll do a big net back next week and talk about it. Maybe it'd be a good guest for the show too. Yeah. Yeah. I need to get them on. I had, uh, uh, Senator nicely, uh, uh, sent a thing to me saying, hey, you got to read this book. I downloaded it. I haven't had time to read it yet. And so, yeah, I knew of it, but I haven't read it.

So you're a little bit ahead of me on that in terms of having read it. But, yeah, that's the idea is that and that's what Nicely was saying. He said there needs to be some way that we can start to normalize the use of gold. And, you know, that's as I was talking to Aaron Day, you know, it just he had an interesting comment. He said the older generations understand privacy and they value it, but they don't understand the technology. He said the younger generations understand the technology, but they don't value privacy because that's a problem we've got this disconnect and it's like yeah that's really accurate because i do value privacy but i really don't uh trust my valuation or knowledge of of this constantly evolving technological aspect there you know how do you keep this stuff safe and and you know uh what what is the government going because one of the things he said is we've already got central bank digital currency for all practical purposes because they

can see so much of what you're doing that's what i like about gold and silver it's physical it's anonymous it's private uh you know after the transaction is done they don't know where it is you know and so that's what i like about it it's very simple. And then the other thing he was talking about was how crypto that began as currency, they then transferred it over into kind of a financial asset. You know, it's now become like an NFT as opposed to just being a currency that was there. And that was not its original intention so he's trying to figure out how can you use how he can use it on a daily basis how he can take his bitcoin and stuff like that and load up a a card that he can use like a debit card they can use in ordinary retail places and things like that but so we were talking a little bit about that i guess that is what don't frag me bro was was referring to but there's a lot of as senator nicely said there's a lot of different states that are trying to look at this

and seeing, you know, well, how can we let people store their gold and still use it as a purchase vehicle, you know? So I think maybe that's on the horizon. Well, I do think that it is. And I love that being in this space of innovation, in the face of everything that's going on with, you know, the top-down surveillance state being pushed on all of us you know what is it the surveillance disguised as

money uh right that's exactly what the cbdc is and uh you know it's a little bit on the you know in the political spectrum right now and you're so right right about, I mean, you hear it from Trump. There was an article up on Zero Hedge. They called it, I'm going to read it on my show here at 11 or so about the Kamala bucks. The Kamala bucks are coming, right? It is interesting that on a bit of a partisan line, the Republican Party seems a little bit more astute, which is kind of bizarre. They normally are just left kind of clueless to what's actually going on. But that is interesting.

They're setting that. And maybe that's just so we feel like we have opposition to central bank digital currency. I prefer instead of having the opposition in Washington, I prefer to have it at the state and local level. That's where you can really win this war against centralization and and surveillance and all the stuff that they want to push through um but yeah it seems like there is some some bit of a difference uh in the election but not much you don't hear that that's really the big issue here and you're talking it's generational um my son we're going through the airport uh in florida coming back from a conference and uh i went first

and i looked at my id and then he's right behind me he comes in he says i'm going to opt out of the facial scan and i didn't tell them to do that i thought that was great he's not going to opt out of the phase and they said okay sir you're going to stand over here did the whole thing you know without the scan but i thought that was that was good i didn't teach him that and you know he had a gold coin coming to the shop. It was actually really cool. I should take a picture and send it to you, David. It was a 1979 Soviet gold coin. And it was about the size of a little bit bigger than a dime. And he's like, can I get this dad? And I said, yeah, it'll be your pay for the week. I mean, you're going to

be okay. You're going to be able to afford food, but he's got that gold coin. I think, you know, just spending the time I have with him and some of the people that are coming to shop that are his age, I really like to see that. You know, I don't know that it's straight down the middle. I think there's a lot that the older generation we can teach, hey, there was a time that you didn't have to give up so much information just to function in society. I remember getting my driver's license in 1995 when I was 15. I got my driver's license early to take care of my grandma. I remember that there was an option whether or not I gave them my social security number. It was an option and I opted out. I mean, just like, I don't want to give it to you. I don't want to give it to you. I don't want to give it to you. But that was 19.

I don't think you can do any of that now. They didn't even ask me for mine. And then to give you an idea of how bad things are, my dad started driving when he was eight years old. He didn't even need a license. So, you know, now they've made it. See, the other part of it is they closed the loop uh they close the loop uh by making it unaffordable right uh that's one of the reasons why young kids are not getting cars and that they don't necessarily want it they just don't have any cheap cars they can buy and the insurance is so incredibly expensive

so they shut that shut that out um the i just gotta ask if if you opt out of a face scan they have you stand over here i've done that over and over again when i flew years ago i'd opt out of a face scan, they have you stand over here. I've done that over and over again. When I flew years ago, I'd opt out of the body scan. I'd have to go stand over in the spot until they brought somebody out to put their hands all over my body. So do they bring somebody out and put their hands all over your face? No, nothing happened. I thought that was because I was just going through the motions and I went through and did my thing, you know, and gave him my ID. through the line and they, and they're about to scan him and he just steps away and he opts out and they didn't do anything. They just, uh, he just was able to go through the line.

I guess they don't get that a lot. I decided not to be up. Oh, that's good. That's really good. Yeah. It's just the TSA and all this stuff. It's just such a fraud and,. And everybody needs to know that. But going back to the other stuff, you know,

in terms of the different ways that people can use crypto, the different ways that people can use gold or silver, or set them up in a depository and then be able to make draws off it, write checks and that type of thing, or use a credit card. That's not in place yet, but people are talking about it. And you've got a lot of people talking about it. You've got are talking about it and you've got a lot of people talking about it. You got businesses talking about, you got state governments talking about it in a lot

of different States. And so I think the good news is, is that, um, when it hits the fan, I don't think it'll take very long to set those things up. If it, if things get really bad, they could quickly set their war gaming it. Now they just haven't, you know, pull the trigger. I think they could pull the their war gaming it now they just haven't you know pull the trigger i think they could pull the trigger pretty quickly on that stuff so the good news is is that if you've got gold and silver you could immediately jump into that game if you don't have gold and silver you're not going to have anything that you can stick in the depository and draw off of you know

that's that's the important thing getting out of the system the true thing here i i believe the goal should be to get away from counterparty risk as best as you can. And it's going to be in a depository. It needs to be something that you trust. And there will be, I think, trusted depositories. I mean, I use them right now for gold and silver IRAs and people need to remember, they call me all the time, like, that's where the wealthy keep their gold and silver. You can't keep it all at your house, but you should have some physical on hand. And I think that they do have the grid set up for it but one of the things that's happened alongside gold and silver which has been great has been the cryptocurrency Revolution and it has

you know infiltrated uh it has educated the mind of millions and millions of younger people and I think change culture. These questions, I remember, you know, running for Congress in 2014 and talk about the Fed and I talk about the money supply and I talk about talk about fiat currency. I get these, you know, a lot of blank stares or like, you know, just not sure what I was really referring to. Now, that's just commonplace. one of the reasons is is because it's so ubiquitous out there to talk about the dollar juxtaposed to something like bitcoin and younger people can understand that so there's there has been a counter revolution i think inside you know these uh cryptocurrencies which has been really effective in changing money for lack of a

better term hearts and minds, to take something from the military-industrial complex. That really is a real thing when they've changed the way that you look. So there can be, kind of like there was in the Soviet Union, there can be a top-down rule, but nobody really gives it any true authority other than having to comply with it, not really acquiescing you know giving it full authority like they believe in it i don't think people will believe in it when it comes here i think they'll just go have to to grin and bear it there'll be a great section of society

that'll that'll really be trading amongst themselves and still using these crypto technologies i don't think they can keep up with it david yeah yeah and that's the key thing you should point out it's really had a changed people's hearts and minds in terms of the way they look at the dollar right you don't hear anybody saying sound is a dollar anymore um the sound the dollar makes is boing boing you know like the parts falling off of the airplane the uh but the um uh you know everybody is looking at it they've got the different things that you know, everybody is looking at it. They've got the different things that, you know, different countries are looking at. Say, well, not the dollar.

We want to go with bricks or something like that. You've got individuals who are saying, well, not the dollar, but I want to go with crypto. I want to go with gold or silver or something like that. But everybody is looking for an alternative to the dollar, expecting that disaster is ahead. And, of course, it's because of the massive accumulation in debt. You know, Mises says unprecedented monetary destruction is coming. Global monetary supply has soared by $20.6 trillion since 2019, just in five years, according to Bloomberg. They said global debt has surged over $15 trillion in 2023 reaching new record of 313 trillion dollars

and so most of this is in the the nato countries that want to go to war now i guess you know the u.s france germany the uk um that's where it is and again you know that's that's part of the reason i think they're pushing so hard for war everywhere, because they've just spent us into oblivion. Now they want to bomb us into oblivion, I think. I think you're right. And you look at the total global debt worldwide, it's about $350 trillion. Supposedly, all the holdings and wealth and sovereign funds and currencies, it's about $400 trillion.

And then, you you know you look at the big chart and something when I saw Michael Saylor give his talk in Nashville at the Bitcoin conference I I'm forever changed how I look at the economy I've never seen it put this this way exactly where you show the actual blocks where the wealth supposed wealth is held and if you look and you have all these giant blocks and all the way up in the top left hand corner and these tiny little slides is representation of gold at 16 trillion so gold's a 16 trillion market cap and it is truly the oldest measurement of wealth in the world and again has been money through all throughout history and in a you know 500 trillion supposed uh worldwide wealth economy it only has a 16 trillion market cap

for some reason I find that incredulous I think we're trading on margin yeah on silver um so Bitcoin has a 1.2 trillion dollar market cap something is wrong here uh and I think this and what it really comes down to is I think that the, the charts are confusing currency creation with wealth. Yeah. Oh, currency creation is not wealth. And when you have current,

there's 52 times more currency on earth today than in 1980. So, you know, just doing the math on that. Yeah. Yeah. Here you got a train coming through your room. Yeah.

That's the train is rolling by here in denison texas last time we got away with it you couldn't hear i guess when they're uh putting the horn on i think that's when you can get it so that's the train track really runs right behind my house david this is uh that's pretty cool yeah it's a train former home of doc holiday they have the say when brewery just up the street if you know the movie tombstone you know all right former home of doc holiday wow former home of Doc Holliday. They have the Say When Brewery just up the street. If you know the movie Tombstone. Is that right? Former home of Doc Holliday. Wow. Former home of Doc Holliday. Wow.

That's great. Yeah, Karen would love that. She loves the sound of trains and everything. She gets very afraid of them when we go over crossings because her dad worked for the railroad and she had seen a lot of really horrific accidents or that kind of stuff. that that is going across the

railroad tracks bothers her but living beside them she likes that a lot you know she likes to hear the sound of the of the trains going by there uh well tell us what's going on with um with wise wolf uh this week anything new well i mean really just in the face of these prices we've been just looking getting supply i mean that's gonna be the hardest thing that the the metals market is tighter than people think so we're always just making moves especially with our locations just trying to get and supply the wolf pack wolf packs growing which is always great the more people join the better prices i can get and dollar cost averaging in the face of everything that the you know if the fed's fed's going to make these moves, there's nothing we can do about it. Folks are going to people,

the markets go to a chairman Powell and they beg for inflation. That's, that's what just happened. I think we can, if you take a sober look and we can all just be honest with ourselves, uh, you know, the markets beg for inflation, they got more inflation. And, uh, the dollar is weaker because of the 50 basis points that were just lowered uh so that's what's happening that's why gold broke its all-time high again uh that's why silver is nearly at 31 an ounce on the spot price which puts it to like

36 or something for a generic uh one ounce round or something like that you'll get them a little cheaper if you go through uh wolfpack and you can go through uh davidknight.gold for that but yeah we we appreciate all your listeners and anybody I mean we we talk to David Knight listeners every single day and uh just so appreciate everybody who supports your show and and supports us and uh we have a lot of great things coming out but you know hey we're here to help and we've got uh stuff with Bitcoin coming out very soon. It's a lot of infrastructure. I know that I've said this for like two months.

I keep having to sign more paperwork and do stuff, but we're going to be able to take Bitcoin for payment, and we're going to do something a little different than anybody else does, and I'll announce that here. I'll do an exclusive announcement on the David Knight Show whenever I do that. It's something that nobody else is doing, and we to make you know more of an approach to education too uh with that side of the crypto stuff but yeah davidknight.gold and we'd love to hear from you if you've got questions on anything related to to precious metals and and getting out of the dollar we're here to help well that's great and and you've uh done a great job in terms of helping people, like you said, dollar cost averaging, being part of a buying group, getting that discount. And I think, you know, when we look at the future, that is really the key thing. You've got to have some wealth insurance.

And I think the best place you can get that is going to be in the metals. So thank you so much for what you do. And we really do appreciate your support of the program as well. But it's a great service. And I have no problems at all recommending gold and silver to people or recommending Tony either. So three things right there that you can count on, gold, silver, and Tony Hardeman. Thank you so much, Tony. And you've got a program coming up today after my program.

Is that correct? Immediately following? Yes, sir. At 11 Central Time on my X at Tony Hardeman on Rockfin on the America Unplugged channel. We have a Rumble channel, the America Unplugged channel over on Rumble. We'll be live at 11, Arterburn Radio Transmission. We'd love to have you over there. So come join the chat.

Sounds great. Thank you so much for what you do. I know you're going to have a very busy week with all of this stuff rolling through from this i mean it really is going to shake all the markets including gold and silver as it already has uh i don't know uh you know it's good it's going to shoot way up and it's going to back back down and all it's going to bounce around but it's it's been uh you know on a long upward trend and we still haven't seen what's going to happen with the dollar yet, finally. So I think that's going to continue.

Thank you so much. And again, people follow him on America Unplugged. And you're going to see the program immediately following this one. Of course, he says 11 Central Time. That's noon Eastern Time. So we're going to take a quick break, and we'll be right back. Thank you so much, Tony. Appreciate it. Have a good day.

Thank you, David. Bye-bye. Appreciate it. Have a good day. Thank you, David. Bye-bye. Appreciate you. The Common Man. They created Common Core to dumb down our children. They created Common Past to track and control us. Their commons project to make sure the commoners own nothing and the communist future. They see the common man as simple, unsophisticated, ordinary. But each of us has worth and dignity created in the image of God. That is what we have in common.

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