The David Knight Show - INTERVIEW Geopolitics, Oil, Gold, and the Economy 

Episode Date: October 12, 2023

Tony Arterburn, DavidKnight.gold. It's not simply the threat of war in the MidEast and the inflation shock if oil is affected, there's also a war between gold and the US dollar. Here's the most surprising thing about this Gold-Dollar War…Money 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: @[e-mail] 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.

All right, joining us now is Tony Ardaban of Wise Wolf Gold, and of course he set up David Knight Gold so that you can prepare for this uncertain future. And Tony, it's been quite a week, hasn't it? We've seen a lot of changes happening, and I think gold has weathered this pretty well, hasn't it? Well, absolutely, in times of uncertainty. Always will. Yeah, that's where people run to in times of uncertainty, and this is a very uncertain time. I was enjoying the commentary you were talking about, about Hayden and Tuberville, and it reminded me of something Winston Churchill said about his political rival, Stanley Baldwin.

They asked Churchill what he thought about him. He says, you know, he was a good man, but it would have been better had he never been born. uh he was a good man but it would have been better had he never been born i mean just uh just the way to throw in an absolute hatred with a nice uh overlay you know you're talking about cdw uh chaos disruption and war right and uh that's where we are. Look at this event between Hamas and Israel, and now we have a war that's Goldilocks War, David. I mean, everybody can get behind it. You've got the left and right, because Ukraine, that's passe. We're not going to really focus on that anymore.

Now we've got this new conflict and all these images, and I've really enjoyed your show thus far as a combat veteran. I want people to remember the lead-up to the first Gulf War. I want people to remember the lead up to the first Gulf War. I want them to remember babies and incubators. I want them to remember weapons of mass destruction. I want them to remember Dick Cheney saying, you know, we don't want a mushroom cloud over America. You know, and it's Saddam's the new Hitler. And I want people to remember that when they're looking at this conflict.

And we're rushing off to war. Yes. And there's no's no there's no there's no time David we have to go in there we have to get uh get the kinetic and that to me that's just absolutely tragic um but I think this is part of it you talk about the chaos the disruption in the war um that's driving the new order of things. I mean, the dollar is the world's reserve currency. What does this play out? This is an open question to me. I mean, more and more you see these oil-rich countries walking away from the petrodollar, walking away from the United States, walking away from being in the U.S. column geopolitically.

And we're watching the waning purchasing power of the U.S. column geopolitically, and we're watching the waning purchasing power of the dollar, David, and it has to do a lot with energy. This accelerates that, in my opinion. We don't know how this is going to play out. To me, having some experience in the region, as a young man, as a combat vet, I don't see how this doesn't involve nation states.

Terrorism is an extension of nation states. They're proxies usually by people like Iran. And you want to put the U.S. on a collision course with Iran, well, then this is how you do it. And again, we have to have questions. We have to be sober when we're looking at what we commit to in our foreign policy and what really truly threatens America. So it really brings us back, David, it brings us back to where does this leave us? You know, as somebody that's a precious metals analyst, as somebody who's in the gold and silver business, looking at the grand chessboard, I think this is an accelerant. Personally, I think there might be a slight bump what happens with the dollar, but I think it's an accelerant for the drive to where the dollar is replaced

as the world's reserve currency because there's going to be more sides, more sides are going to be taken, and those who are already entrenched are going to entrench even further, and the momentum is away from the dollar. So, I mean, this is a, what we talk about every Thursday, you know, this is slow folks.

It's not overnight. You're not gonna see this massive change all of a sudden, but it's gradual, right? It's coming. So we're watching this uncoupling of the dollar. Keep, in these countries, you know, we have 40 sanctions on 36 different countries uh is this going is that going to widen now uh are we going to place

more sanctions are we going to get more uh more on a war footing I think that's absolutely possible and I think you see that in the reflection of the gold price and there was a lot of people writing off gold uh two weeks ago uh saying well it's going to start you know the fed's done its job it did it did all the rate uh lowering and it tightened and everything and it's it's been hawkish and they were they've reached their goals so we're good now and i thought that's not going to last because what happens david when you when you need the military industrial complex to get out their new goodies and all their toys and well you have to you have to decrease rates you have to create a new money

supply and that's what they're going to do there's no there's no you can't have fed tightening in the midst of a new conflict I don't see how that's possible so all the key indicators are showing up that they're going to have to go back to to massive printing quantitative easing and that's you know for for metals and for value that's where people are going to run to in my opinion especially countries i agree you know that's that's going to be inflationary but just take a look at what's going to happen if they light up the mid-east right right? First thing Lindsey Graham wants to do, let's blow up all of Iran's oil refineries. What's that going to do to just the price of oil, just from an economic standpoint? So all of these different wars in the Middle East, we've had OPEC warning us over the last week,

hey, you keep shutting down refineries and oil drilling and all the rest of the stuff, this is going to have big consequences for your economies, but it's full speed ahead. We don't care. They want to put us in mud huts. They want us living in houses of straw. I was talking about the big bad wef yesterday. That's what these people want to do. And so they don't care.

This is a policy i remember when opec uh asserted its its power and it's uh uh it's uh you know over our lives in terms of raising uh prices and everything the response of everybody was well we got to find another alternative energy they don't want an alternative to any of this stuff they just want to shut everything down that's where we are right now which is really crazy but for the people for the things that we need, and for the, to be able to deliver the goods that you buy online, or the goods that are being transported. Now we have, everything is such distributed, even within our country. We have offshored a lot of things, but even within our own country,

we've got a lot of just-in-time delivery, and there's a lot of transportation legs in everything that you get. And so it's going to have massive repercussions. It's going to be like a value-added tax to everything, a big value-added tax to everything. So it's going to be very inflationary as they push this Middle East war. But as you point out, this is something that's been going on for a long time and what we saw in spades this last week was everybody had already picked which side they liked and they're more than willing to excuse anything that their side does to the other people uh and so it is you know this is uh and this war is going to come home to us i think in

more ways uh the wars that they want to have are going to come home to us by design in more ways than we have seen in our lifetime. Certainly, we've not seen any kind of foreign wars on American soil, but I think we're now vulnerable with this type of technology there, and we've got a government that is doing everything it can to make us even more vulnerable with open borders and everything else. Yeah, you're absolutely right. And look at the aftermath of what happened. This is 50 years ago. And of course, this attack was on the anniversary of the Yom Kippur War in 1973.

And if you know a little bit about history, you'll know that there was a wounded president in the White House who was on his way out because of the Watergate investigation. And he was in that Lincoln bedroom, that little sitting room, drinking scotch, and they called him and said that Israel was about to fall. I mean, because Israel, at the end of the day, is threatened by nation states, and these nation states are oil rich. Israel is not the nation states that surrounded her. Of course, at that time, they had influence from the soviet union uh of course we you know the the

opening of and the recognizing of israel drove iran to the arms of russia in 1947 so that's been played out for for decades but in 1973 uh nixon said i'll i'll drop the big one if you uh if you invade if israel fall but if it's close to falling out and they they just caught him on a really bad day uh he was uh again on his way out and and probably not in the best frame of mind but that's one of the reasons why israel still exists because they were they were really touch and go and nixon made sure that that they didn't fall but you find the aftermath of that was again the oil embargoes uh opec you know my dad got into the convenience store business in 1979 because of the shortages

and because they had to fill up his dump trucks because he was putting in swimming pools. So he decided he'd lease a gas station so he wouldn't run out of gas. And that's how he got into the gasoline business. So that's great. I know a little bit about this history and it always, you know, everything comes back to energy. Everything you do, like you just said, like the cargo routes, the plastic in your water bottle, everything is petroleum. What keeps your lights on? It's not

windmills. Maybe it's a small portion of it. That doesn't work. We're dependent on fossil fuels, if that's the term you want to use. We're dependent on that. This all really tracks back to that. When you see something like this and take a sober look at it of course you see the images that are meant to uh enrage you and get

you to take a side but it really it really begs the question david uh who benefits sofona who benefits really who's going to get every time when you know in the when i got home from my tours in iraq i remember watching the i think we got very close to doing something with iran but politically i don't think it was feasible at the time i know they wanted to try to push something uh because of the shia influence of uh you know the roadside ieds in iraq from iran but every time i would see iran would start talking about getting a nuclear weapon the price of oil would shoot up you know we'd put sanctions on them but they but they would get this massive windfall and i thought

is anybody watching this who benefits and so mancy pelosi greatest stock minds of all time uh the congressman uh our government but yeah that's that's exactly the the target here is to find out who benefits from this because the price of oil is going to go through the roof and the more the more that you really analyze this this is not necessarily about terrorism this is about nation states and the grand chessboard geopolitically that has everything to do with energy in that region so i i really think people ought to be looking at what happens next with energy and how that, how that's going to affect us. How it's going to affect our economy, our government, our politics.

I think it's going to be, I think it's going to be everything in the next year. Oh, I agree. And you said, you know, who benefits from this? And remember, even the term fossil fuel, it was the CIA that was telling everybody, peak oil, peak oil, we've hit peak oil. We're not going to, you know, we're going to be out of oil. And when we had the embargo and everything that's happened in the late 1970s, I've shown many times the Time and Newsweek magazine saying, you know, we're going to be out of

oil by mid 1980s. And natural gas shortly after that, we got 666 years, they said, of coal. That was their term, 666. But, you know, we can't use that. It's just too dirty. And so who benefits from all of this stuff? You know, you see the CIA over and over again, pushing again very hard this whole peak oil idea.

And yet, when these guys, I like to call it functional fuel. Uh, but when these guys get out of the CIA, you know, George Bush, uh, George HW Bush gets out of the CIA. Uh, they set him up with, um, uh, you know, he's partnered with him. He's got Zapata oil, even going back to, uh, uh, the Bay of pigs and things like that. So he's in the oil business. And then you get these other guys who retired a lot of them, a lieutenant governor in Texas. I remember when he was, was his name Dewhurst? Maybe you remember, Tony. Yes.

Yeah. He spent more money. He was a ex-CIA. They set him up in the oil business and he got incredibly rich and he spent more money to get elected than anybody had spent for state office up to that point in time. And he was the guy who sat there and shut down. We had a unanimous house in Texas that said, you're not going to do the naked body scanners and you're going to keep your

hands off of our kids TSA. They said, oh yeah, well you stop that and we're going to declare Texas to be a no fly zone. And it was Dewhurst who worked in the Senate as governor uh to stop that and stop it twice and so you know when you look at the cia's involvement in this uh they have pushed away other forms of energy while telling you that oil was this very rare thing uh you know and and uh they seek to get control of all of it so yeah who benefits from all this stuff they do and who benefits from burning down our society now they do.

And that's why they're doing it now. It is. It's, it's really horrific to, to see this happening. I've got a couple of comments. I want to run by you though. Uh, people on the program here. Um, uh, KWD 68 says a good buying opportunity for precious metals. Now back to silver and gold eagles with premiums

low and then another person has a different point of view atomic dog says gold is lower today than three weeks ago gold will remain stagnant until the u.s starts to lower interest rates your thoughts well that's that's a good point uh but i would ask why gold is as high as it is already uh jerome powell is lower or raise interest rates faster than any time in history i mean just because it's not paul volcker in the teens you don't look at the the pace in which he's doing it everybody should be asking that question why isn't gold a thousand bucks why isn't it under a thousand i mean everything's fine but that's what's driving gold is those in the know are purchasing at massive rates.

I mean, there's going to have to be a new system of the global spot price, David. I use goldprice.org and on wolfpack.gold, we have it linked to a 24-hour ticker that updates in real time. I look at the global spot price. I think because of Shanghai and the Shanghai exchange and the Chinese demand, the actual populace demanding gold, there's several articles out there saying we may need to reevaluate the entire system because it doesn't compute the West,

the Federal Reserve, the dollars at war with gold, and yet it still remains. I think that is the big story. Look at all of the things they've done quantitative tightening raising uh the interest rates again highest the most they've done at the fastest pace ever and yet gold is still hovering in the 1800 1900 range I mean it's up to 1875 this morning um but you're dealing with a a massive campaign of manipulation and that's the best you can do and that's because the global demand is is continuing i you know and i'm not an investment

guy i don't tell people when you put your money over here and you know you buy precious metals and it's going to go through the roof and it's parabolic and it's going to make you a millionaire or something i i've never i don't experience. I don't really even look at the price. They just look at history. I know what's going to happen. I know what happens to paper currencies. I know what happens to fiat currencies. I know what happens to governments who have debt to GDP ratios of 125% and climbing. History does not bode well. So I think we're in a really weird time in history where we have normalcy bias of, well, I can time the market. And same thing, you get advice on stocks, invest for the long

term. I don't know about the long term because you have a completely new system on the horizon. And none of us really know what's going to happen. I don't save dollars. That's the worst thing you can do. I don't bet on the system working. I don't bet, I don't save dollars. That's the worst thing you can do. I don't bet, I don't bet on the system working. I don't bet on stocks or multinational corporations in looking at real value. So, um, well, I think that's a good point. You know, you talk about the fact that you mentioned it frequently, the fact that the fed and the dollar is at war with gold. And when you talk about the fact that you look at how rapidly they've raised rates and look at how many banks they've bankrupted by raising rates that rapidly, we've never seen that kind of sustained jumps on a regular basis.

You know, 75 basis points, three quarters of an interest of a percent interest rate jumping on a regular basis. I guess we could call it the warp speed interest rate increase. Right. speed interest rate increase, right? You know, and so as you point out, they've thrown everything against it. It kind of reminds me of Fort Fisher in Wilmington, you know, the Civil War fort that was an earthen fort, and it took the biggest bombardment until one of the famous naval battles of World War I, and they couldn't destroy it. You know, they just kept hitting it because it was an earthen fort. They couldn't destroy the thing.

And that's really kind of what is happening with gold i mean the fed's throwing everything they've got at it you know 75 basis points every month or whatever and they still can't take it down and then you look at the story that i covered i think it was yesterday about the uh the barber who kept a diary for 30 years uh of what he was charging on haircuts and other things like that. 19,900% inflation there. And, and the effect that it had on his life. And I looked at it and I thought, wow,

you know, it's a shame that he had his money in the Argentine peso because that was, it just became a worthless entity. Even in Zimbabwe, that's been hit with hyperinflation. They're now saying, well, we want to have a digital currency, but don't worry,

we will back it with gold. Yeah, we've heard that story before, haven't we? Bretton Woods won. The fiat currency is truly evil. Yeah. The central bank currency system is truly evil.

I hired a new employee. I have a mother and two daughters now. I've hired the 19-year-old daughter to run my social media. And they're just a great family, good Christian people. And I said, you need to take a quote every day and just put it out on the social media. And she's 19. She just got out of high school. And she said, OK.

I said, just quote on gold or silver and just put it out and know dress it up put a meme out and just keep the account active so i'm driving down the road down to denison from branson and i noticed that she put out a quote and it says uh uh money is not by nature a gold and silver but gold and silver by nature money or something like that and the quote is carl marx So I called her up and I said, do you know who Karl Marx is? And she said, no. And I said, well, you put a quote up, but it might be taken out of context. What Karl Marx was saying was absolutely correct. But what he advocated was fake money. So he was saying the gold and silver. So if you don't put any kind of context to that, it looks like i'm saying what karl marx said about gold do you support it um and so i had i had to tell her i was like no he was

one of the this he's the architect of what's mostly evil in the modern world and i was explaining to her i was like the fifth plank of the communist manifesto is the central bank and of course they get control of the money supply and things like lenin said if you wanted to uh to destroy a country first to botch its currency so i, I mean, just explaining that to her was interesting. But, you know, that is true. That is where evil springs forth out of fake. And we always say as human beings, we're flawed and there's always going to be corruption and always evil. But if you look back through history, you know, I talk about this all the time when they when you know this is columbus day recently it was a monday when columbus you know discovered the americas and i

don't think he's the only person that the first to discover it but let's just say he did um you know they it was a massive amount of gold that came out of there i didn't say it was right either there was a lot of uh colonization and all that it was. There was some evil in it. But gold came out of that, the travel westward. But before that, David, all the gold in the known world could fit in a six-by-six-foot cube in all of history, all of history. And there was not a lot of gold, only kings, potentates, and priests. And there wasn't a lot of gold in the hands of everyday people. And then when they just had this massive influx of gold it built the modern world it really did there

was a there was an increase in wealth uh there was an increase in stability and and the ability to trade and so that created the modern world and it's my theory that Fiat currency is going to destroy it and I think that's by design I think think just to enslave us, we're focusing on the wrong things. War is made too easy. Politicians and people and celebrities that shouldn't be there because they're not talented. And everything that is fake

really leads back to our fake money. So I would ask people, if you're looking at history, why would you ever, ever bet on that system of fake? It's just going to lead you on a path to nowhere. I'm not saying gold is righteous or good or anything like that. I believe it's pretty much a neutral, but it's just a it's a it's a representation of energy and work.

Yeah. All of us work. All of us have energy and we've built something with our lives. So that's why I'm in the precious metals business, just the history of it. But I think it can help us especially create a parallel society and economy alongside all this fake that's going on. And we're going to need that more than ever. Well, certainly, you know, as you point out, Central Bank was a tenant of the Marxist goals there. But of course, it was also a central bank that gave Lenin $10 million and put him in a sealed train from Switzerland to Russia to start the Russian Revolution. So they understood the power of gold. They understood the power of central banks as well.

They knew what was happening, and they knew how to use that to their advantage. I've got another comment here, Tony. This is from tdub97401. I thoroughly enjoy my alpha wolf, a subscription to wise wolf and it supports David Knight as well. Now tell people about a wise wolf and it's good. I'm glad that's working out for him. Tell people about what's about that and what's going on right now at a wise

wolf goal. Well, we've had a lot of prayers answered because I'm still here and i've got my second location in denison texas it's it's doing well it's day by day we're being able to build it and i took a chance on doing that uh i'm traveling back and forth between branson and north texas uh because i wanted this supply chain we're so we're able to feed wolf pack through that and again wolf pack is that uh that program that we're so proud of that allows you to set it and forget it you can you know and again this is it's not a it's

not access to a club like you when you join uh wolf pack we don't even if we don't have any fillers we just give you the medals for your dollar so if you alpha wolf is a great program because you're going to get a lot of uh uh gold too, like the one-gram Valcandy bars. And we buy that in a way where we can save you money because I buy it in bulk. I buy the big sheets of the grams, and I have my people wear gloves, and we take off little pieces of it

and put it in its own coin flip. And so we give you a detailed invoice every month, and we've got some great new products. I bought so much, though, David, over the last couple of months, and when prices fell and premium i had front end loaded so much and there was stuff i couldn't put in there because if i sold it i'd lose money and i said i can't do that so we were in you know putting other stuff and stuff that i bought immediately so there's been there's been a lot of activity and we just appreciate everybody who's i know

times are tough and we're trying to, we stopped an order the other day. Kenzie called me. She said, there's not enough savings for people. So what do you want to do? I said, well, let's wait till tomorrow and see what we get, what we buy. So we, that was an out, there was an alpha wolf program. She's I'm afraid if we do this, there's not enough savings for people that we want them to see that. So we've got a great team uh and

then again this is not just we got the the wolfpack program that supports david knight but we also have direct buys and sales and you know we roll over iras and 401ks i would highly recommend people looking at that you can call me oh yeah talk to me personally if you want if you've got an ira or a 401k you need to see what a precious metals IRA can do for you. Get out. I mean, it gets you outside of the banking system at least. And it's real. Yes.

So we've been, we've had a couple of David Knight listeners roll over recently. I just wanted to remind people of that because I've got some comments here. I got Nick Ellen Becker. I thank you for the tip. Nick, he said, always enjoy segments with Tony. Wolf pack sends great items every month that are good value. Highly recommend. Yaka says, I love my Wolfpack.

And Atomic Dog says, I put my money where my mouth is. 15% of my entire portfolio is in precious metals, gold, silver, and platinum. A hedge against inflation historically. And as I always point out, we got yet another reason. And that is the push to control us through CBDC. You've got to have some kind of real value and some kind of tangible rate of exchange. And it's much better to put it into gold than it is to put it into paper money, I think. But that is what's on its way.

You know, we don't know what's going to happen in terms of the timing of this other stuff, but we know these people are going to try to push this on us. It's always great talking to you, Tony. Thank you so much for what you do for the show. And again, he set up the website, davidknight.gold. That'll take you to wisewolf.gold. And you can find out about Wolfpack and the many things that are happening there. Uh, it's always, um, you know, gold standard is there when things get really shaky. And we've seen that in the last couple of weeks, as you point out, they've thrown everything they can against gold and they haven't been able to take it down.

So thank you so much, Tony. Appreciate it. Thank you, David. Appreciate it.