The David Knight Show - INTERVIEW Gold Boom! Why, and Will It Continue

Episode Date: December 7, 2023

Tony Arterburn, DavidKnight.gold, joins — what factors caused the spike in gold prices through the $2,000 "barrier"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 is only what YOU hold: 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.

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DavidKnight.Gold. We'll take you to his website where you can buy gold and silver. He's got a community that he's put together there, Wolf Pack, and of course it lets him know that you come through us, but it's good to have you on, Tony. It's been a real busy week financially, especially around gold and silver, hasn't it? Always great to see you, David. Thanks for having me. Yeah, I didn't realize that last time we talked between now and then, the gold will hit its all-time high it would only break its all-time high by a little it was a hundred almost a hundred dollars yeah over its all-time high it's a really amazing performance by gold in the last week but still way way down from if you adjust for

the value of the dollar oh so way way down from 1980 so adjust for the value of the dollar. Oh, so way, way down from 1980. So there's still a big possible potential on the upside. And of course, what was it that created that, in your opinion? Well, it's the loss of purchasing power in the dollar. And of course, you know, the financial networks are a little bit confused because Jerome Powell's raised rates faster than any time in history's Fed chair. That's supposed to lower the price of gold. It did not. In my opinion, it really is, the driving factor is central bank demand, central bank demand around the world, the growing debt of the world, and of course, the United States itself, economic uncertainty,

all the fear, uncertainty and doubt drive gold. But it's demand. It's really economics 101. And the dollar competes with gold. That's why the United States is the only central bank in the world not buying right now. Yeah, it is. You know, a lot of people are expecting, as Gerald Slenty and you have been saying for the longest time, they're going to raise rates and election lower rates in election year to make things look good.

But I think towards the end of the week, they kind of got surprised. Everybody started saying, wait a minute, he's going to do it not in the summer, not in May. He's going to start maybe in in March. And then, of course, as you point out, as rapidly as they increased rates, they may drop them really rapidly as well. Because, again, Powell is not concerned at all about volatility. He embraces it because I think he's trying to push chaos out there, isn't he? Well, you're right. Election year coming up, they may not have a choice.

You and I were talking off air. Institute put out an article that the money supply has actually shrank since the first time, since the Great Depression, faster than the Great Depression, really. And that's insane, given the amount of money printing that's gone on. And we talk about inflation all the time, but the money supply is actually shrinking, which is an indicator of a coming recession, a coming crash. And I think this is what they're looking at. So there's really, they may not have a choice. If they want to prop up the US economy, it's going to have to be monetized. And of course, you talk about this all the time, David, they have to monetize the debt. And when they do that, it decreases the purchasing power

of the dollar. So either way, gold's going to come out on top here. The dollar is not going to beat gold in the long run, and maybe not even in the short run. I saw an article on Kitco. They were interviewing Peter Schiff, and they were wondering, asking, is this the top of the market for gold? He's like, no, this is a new bull market. And I actually think it's something completely different. I think it's the collapse of a dying system. I think the stock market system, the fiat currency system, all of the debt that's been accumulated since 1971, all of that is coming home. And I think that it's unavoidable. The financial elites know this. The central banks know this. That's why they're

hoarding gold. I even saw thatand has has uh added to its gold reserves i mean every central bank is buying at a rapid pace and that's because there's going to be a reset i know they i talked about this on my show last week i wonder where i get this this uh phraseology about a great reset the elites are planning this yeah and uh i think people didn't make that up they made it up they made it up. They made it up, right? They keep saying it. And of course, you know, the people I think have normalcy bias. I do too. I try to fight that every day because tomorrow's not going to look like yesterday. And that's not how history happens. You know, this is not, it's not the, it's not the trend.

So I would really, I'd really be skeptical of the current financial system uh if you're looking you know looking down the road if you want to protect your assets look at what the central banksters are doing yeah as you uh this christmas season as you're looking at christmas carol uh you might look at uh you know scrooge's business partner marlene just imagine in his place a bunch of federal reserve chairmen they hold the chains that i have forged over the centuries and i carry this baggage around and so do you you know they're coming here to bring you the chains of debt that they have forged with their fiat car the ghost of christmas future is bankruptcy that's right yeah yeah we look at the tombstone. It says RIP U.S. dollar at the very end.

Yeah, it's talking about in terms of money supply contracting, the Mises Institute article. And so that's the other aspect of it as well. As they're looking at this, it's like, well, we've already had a massive upswing in oil production in the U.S. because Biden needs that kind of help. And he started restricting that from the very beginning. And boy, you know, after the election, it's going to come back with a vengeance if he wins. But also, if the money supply is shrinking, they look at it and say, well, he's going to lower interest rates. He's going to go back to quantitative easing. You know, all of these things were priced into all of that stuff.

And so when the reality comes home either you know um probably after this election is when it really happened uh but it's really going to be uh uh pretty amazing i think when this whole thing rolls through i spent i think the go ahead i'm sorry go ahead no no go ahead i i think as the election nears they'll focus more on domestic and uh you and i've been talking about this for the last couple of years. What are they doing? Raising rates faster than any time in history. What is their goal here?

Because we could see the U.S. economy was faltering. But they weren't paying attention to it because that's always been their game. Quantitative easing. The last decade has been nothing but massive money printing. So I think they'll focus on domestic coming up into the election. Then after that, I think you're absolutely right. I think it'll go back to what's just the primary objective of the Federal Reserve is to keep the world's reserve currency status. And that's keep the quote unquote strong dollar, which I hate that phraseology,

but that's what they use. It's a strong dollar and the world trades in it. But I looked at some of the headlines. You see Vladimir Putin going and meeting with Ben Solomon in Saudi Arabia. There's going to be a new petro system soon. The dollar is lost. Really, it's not even the petrodollar anymore. It's something that Kissinger set up after 1971 to peg the dollar to something, and they traded only in dollars, that system is dying. And I think that's going to be another blow to the dollar. So the outlook is not good for the U.S. dollar, David. That system is going to go the way of Henry Kissinger's architect.

Yes. And we look at this, the institutions, this whole thing about the fourth turning. These institutions have a life cycle, and especially these phony currencies that are out there. Yesterday I talked about, they had an article about people looking at the basket of goods that Macaulay Culkin's character in Home Alone got when he goes to the grocery store back in 19 early 1990s or whenever it was um but i i looked at it and they said well you know last year somebody did that and they they were not in chicago but they did it and it came up to instead of being 19.83 it was like 44 something and then this year somebody did it in chicago and it was 70 uh something dollars and so i was curious after

the show yesterday i went back and i looked at the inflation calculators and it said, you know, you can type in, uh, an amount and a year and it'll tell you, you know, what that would be today. You know, so you go into a 1990 and you say, what would $19 and a three cents be or whatever the year was. And, uh, and it came out to be in about 70 something dollars. And I thought, well, you know, maybe what they've got in this inflation calculator is based on government data. And maybe the $77 is actually the more accurate thing. And so when you look at all of this stuff, it's being underestimated in terms of everything that we look at. The inflation is much, much, much higher. Always has been since they start rigging these things. They rig every one of the statistics, unemployment numbers,

inflation rates, all this stuff is rigged to make them look good. And the same way they rigged all the COVID case numbers and everything, every statistic from the government is based on a lot. And so the inflation rate is really high. And it is surprising that they're able to keep this thing running as long as they have. It is more than time for it to disappear. I want to ask you something that's non-financial because Travis said that you really love the book Truth is a Lonely Warrior, which somebody mentioned earlier in the program. And tell us a little bit about it. I'm not familiar with the book. You and Travis know it, but I don't know it.

It was written by my friend, James Perloff. I've had him on a show many times. He used to write for the John Birch Society. Just an amazing guy, really smart, lots of research. If you ever have him on your show, David, he brings books on the show. He'll reference in real time what he's talking about. And Truth is a

lonely warrior just a magnificent book easy read and it opens up with pearl harbor and the events leading up to pearl harbor and there's so much scholarship you mentioned the the tolan book it's called infamy i believe uh written around 1980 i remember the story about that uh that barbara tuckman who wrote the guns of of August about the opening of World War One. She was another historian of the time and told him was, you know, he was a court historian and was welcomed into all the establishment historian circles. And he wrote Infamy. And Barbara Tuckman said, oh, he's a nazi you know so if you if you even dispel any of the myth of the quote-unquote good war of world war ii uh then you're you know some kind of white supremacist or anti-semitic all these things all these uh slurs that they throw out but you know the scholarship is

overwhelming i love the the opening of the show this morning going over that because we are you know this is december 7th and it's really looking back i mean all of the foreknowledge is absolutely criminal yeah yeah i mean the japanese attacked us i mean it's not it's not technically a false flag it's just that we let it happen on purpose it's known as a lee hop yeah and franklin roosevelt not only they had they cracked the japanese code it's called purple they crap they cracked the code but they but he also had cables that were intercepted there was congressmen that that contacted him and one of the most damning pieces of evidence is the daughter of the head of the red cross that was uh she later testified

and and did an affidavit this is you know my father told me this story they called him into the white house the day before and said we're going to need you to ready all of your people because there's going to be we believe there's going to be an event in Hawaii. And so and he kept that with him till his dying day just because of patriotism. And, you know, all of that just swirled around like having that foreknowledge. So they knew and they may not have known the exact minute, but they absolutely did know. And of course, it was Admiral Kennel and General Short. They both wanted a court martial and they asked for it and and and got it finally. And of course, at the end, the the jury just got so angry that they heard all that information.

They just dismissed it. So they wanted that court, and the establishment wanted the statute of limitations to run out. They didn't want them to be able to have the trial, but they asked for it. That's right. It is truly amazing. And again, it is important to tell that story because everybody sees that as our good war, our just cause.

And you understand that even in that, how they use people how they lie to people and how many lives were lost again about the same number of people as uh 9-11 i hadn't really thought about that uh and and it truly was amazing uh even as i was talking about the new zealand data leak you know 2,700 people killed in gallipoli. And so you look at that, you look at, you know, around 3,000 people. That is a massive number of people to die, and that's the way they can kick off these wars and get people behind them. And they use that.

So the question then, you know, is, well, what's up their sleeve now? You know, we know they're going to do something. And that's why everybody needs to be aware of of this on the lookout don't be naive don't think that these people are on your side no they're not on this the enemy is amongst us you know it's one of the one of the most grotesque things i ever heard uh the one of the bushes say was george h.w bush and i think he was down in pearl for like the 40th anniversary or something like that and he was speaking and he said uh you know this is an anniversary of the japanese uh their aircrafts coming in after all these aircraft carriers and their wingman but in the america

first movement their wingman was the america first movement and he and the same thing that austin is saying now right yes yeah essentially the same thing absolutely disgusting you know the america first movement's been demonized demonized for many many many years you could even say the phrase without getting linked uh to some sort of racism or you know anti-semitism or something like that and uh you know they had charles limburg the lone eagle a young jfk was part of the america first movement america had had enough we didn't want any we'd had the war to end all wars you know just 20 years before you'd had world war one and lost 150 000 troops and hundreds of thousands

wounded for what you know the uh to make the world safe for hitler and stalin so america didn't want anything to do with another European war. And Franklin Roosevelt, much like Wilson, you know, Wilson ran on the slogan, he kept us out of war in 1916. And Franklin Roosevelt had that famous saying, I've seen war and I hate war and your boys aren't going to be sent to another foreign war. That's the first thing he did when he got elected to a third term so you know we have to be vigilant they want war it's the health of the state yes uh i probably this is this is what it all tracks back to is is the the the warfare state that's how they prop up their system that's right yeah and we've seen

this you know again look at the fourth turning strauss and how said every time we have this massive restructuring of society about every 70 to 80 years, it's always accompanied by economic unrest, which you and I are talking about, and then usually by war, because that's how they really do reset everything is by war. And so we can expect that to happen this time. We can do everything that we can to try to keep that from happening, but it looks like it's cooked into the books. And I think one of the things that they're going to do with this restructuring of the financial systems, of course, and this is where I keep coming back to it is a CVDC. That for me is, you know, I look at all this stuff and, and, you know,

when it comes to investments, I've not really ever been somebody who paid much attention to investments because it just figured that the game was so rigged as we all know it is with everything. They rigged the price of everything stocks gold silver but uh this is the the thing um that is at the center of it and that is the the cbdc and this global push to do that and and the fact that um you know all of these governments are aligned on all of these different agendas just like they were for covid they're aligned on this financial agenda for cbdc and that's the thing that really concerns me and that's what i really see the value of uh metals that are real money that are private that you know uh i see the value of that as opposed

even to something like uh bitcoin where they can go back and they can trace that i mean why are they getting so many different irs agents right is it so that they can track everybody down uh you know i don't know, but that's what- They're here to help. They're here to help you with your accounting. 87,000, an army of IRS agents. They're here to help you just in case you didn't add correctly. They actually had a guy with the Department of Education actually quote Reagan on that saying, you know, I just tell them what Reagan said. We're from the government. We're here to help you. We're here to help. He was saying that's the just tell him what reagan said that we're from the government we're here to help you we're here to help he was saying that's the you know the

most frightening words in the english language yeah yeah well if you thought if you thought kevin uh checking out at the grocery store in 1989 was quaint you should check out the price of his house now in chicago i was thinking about that while you were talking you talk about a real inflation you should we should price that that house I wonder what was that? What a $4 million house now it's not even affordable to, to anybody in the upper middle class. I mean, those days are long gone. Yeah. You know, those, those days of being able to afford anything like that are long gone. You have to, we're creating two, really just one, uh, one system, a cast system, and then an upper elite above that. That's what they want, David. In my opinion, you talk about the central bank digital currency.

Well, you got to build back better. That's what we're doing. We're going to build back better. Don't you worry about that. Everywhere around the world, everything's floating on massive seas of debt like we've never seen before.'ll have to I wish I had it I'd pull it up for you if you look at the amount of debt since 1971 when the U.S went off the gold standard worldwide it's up into the right it breaks all the like from the time of like recorded history it shows like worldwide debt and it just floats along and then 1971 it just goes off the charts and I need to bring this on the show sometime i found this about six months ago and i think wow that's insane i've never tracked that it's a

hockey stick isn't it yeah it's like a hockey stick it's the real hockey stick it's not the phony one that algor was trying to solve with co2 this is the real hockey stick this is the one that goes to the federal reserve that's right because every central bank has to monetize that this is always just about money printing because it's all fiat currency. Well, in my opinion, I think that's why you don't have fiscal hawks anymore. Nobody's talking about balancing the budget. They talk about taxing you, but that just really comes from the billionaire overlords. They want you taxed. They don't want any competition. They're trying to stop the game where they have all the chips. And this is, in my opinion, what they're trying to do to solidify their rule and their power,

but they're going to use that, the collapse of the current system to bring in the new, which is the digitized system. And I, you know, I'm a fan of Bitcoin. I like decentralized tokens that, that are on a completely separate system.

But the technology will be used to bring in this utterly evil thing, which is central bank digital currency. Absolutely satanic. And of course, you know, there's the big thing at COP 28 over the weekend was we've got to have carbon taxes. And so how are they going to tax you with a carbon tax? Well, they will do it by keeping track of everything that you've bought for the month.

I'm sorry, you know, this extra tax on this thing. And, uh, you know, this is going to be, that's going to be folded into the CBDC stuff as well to keep inventory of,

of your quote unquote carbon usage. And as I said to that, so since we don't yet have an official global government, we have a de facto global government. Uh, but you know, since, uh, are we going uh but you know since uh are we going to send this to who are we going to send the car are we going to send to klaus um who gets the

text and it looks like they're going to send it to africa to a lot of third world dictators who will take a cut and then use it to buy stuff quote-unquote buy stuff from billionaires whether they build it or not who cares i mean it could be like the china road and belt initiative where nothing gets built or if it gets built it's shoddy and falls apart but they get the money right and so it's going to be a big it's going to be a money laundering thing they're going to launder it through a bunch of third world uh dictators in africa is what i think they're going to do with this carbon tax but i think they're going to it's an essential part of that is to have a CBDC. They can put taxes on certain activities and,

and collect them like a sales tax or something, but it's ultimately, it's going to be the argument for the CBDCs. That's why I think we really got to shoot down this climate thing. It's just a, it's, it's the MacGuffin that's going to, that all this stuff seems to be hanging on at the moment.

If not the, you know, the, the, the pandemic panic, it's going to be the long-term takedown has always been focused i think on the climate stuff but they're coming after us you know with all this stuff yeah all manufactured the climate tied to the scandemic

uh used for their control system which they want to digitize i'm not i know that it's coming i know that they have it planned i'm not for certain that they'll be successful. I see the cracks in the system all around us. I'm a little bit optimistic lately just looking at how stupid they are. I know a lot of it's on purpose and some of it's an act. But you talk about the fourth turning. Doesn't he embody that yeah you know that he he was born uh you know the year after the last end of the last fourth turning uh and then we have this dunce you know this he's just a void of any this vacuous man who has nothing going on in his head except corruption and uh doddering old fool and that's that's what this looks like it's a collapse of the of the current system all the institutions are decaying and uh they going to try to usher in this new control grid around the world and consolidate, you know, this is what war is used for to consolidate regions and push people into new zones and all the rest that they're doing.

It's creative destruction, but they're also stupid. And it reminds me, you know, Pat Buchanan talked a lot about his time serving reagan and they went over to reykjavik to meet with gorbachev he said they were they got into this meeting room and all these old bolsheviks and communists came in and they just seemed so old and their bones creaked and they just looked you know and there's reagan you know for all his faults he was sunny and you know went out to california and he'd been an actor just had a personality and there's all these old soviets just drawn and gone they offer no vision too it's like yuval harari with the world economic forum david you know you're a hackable animal yeah i mean there's a reason why we won the cold war

is godlessness they offered no vision and they and they're going against what what god designed us to do which was to be like him which to which is to create something to be productive to be fruitful communism which is really satanism uh in in the third dimension is what is used by these the controllers to control people and of course to create envy and all these other things but it doesn't work it's the same thing baked into this system uh with globalism so i i'm optimistic but we have to remain vigilant because they're all of these, these events, whether it's the loss of the, of the petrodollar or the world's reserve currency stats,

economic uncertainty will be used to usher in, you know, never let a good crisis go to waste. That's why you and I talk every week because it's important. It's not, you know, investments fine. And I, I invest in my own company. So we all invest in something, but to me, having physical gold and silver is what really is a bet against this entire is fine. And I invest in my own company. So we all invest in something. But to me, having physical gold and silver really is a bet against this entire system. You can do that now, thanks to Gerald Ford, who overturned Franklin Roosevelt's executive order from 1933. So only since 1974, David, could you own physical gold and silver. And I think it's just a great, it's

still, even with it breaking its all-time high, it's still a cheap commodity, in my opinion. Oh, yeah, yeah. Yeah, you're talking about the old Soviet Union, and I remember seeing that as well. I mean, I wasn't in the meeting with Papu Cannon, but, you know, you could see it. You could see that these old, this, you know, the institution of the soviet union was just old and corrupt just like the west is right now and especially america and that's one of the things when i first came across the fourth turning i thought wow you know i had noticed it was 72 years went from 1917 to 1989 and then they had to restructure uh things and they were not synchronized with the rest of the world.

But now everybody's pretty much synchronized on that. And so, you know, that makes it yet another more dangerous thing. But it is that, you know, 70 to 80-year time period. And I thought several other, you know, looked at it in our own history, you know, looking at it from our republic until the time we had the civil war you know four score or so years and then same type of thing 70 to 80 years you keep seeing that over and over again so this is a very dangerous time and again it's time for people to prepare individually and especially financially tell us a little bit about what's going on at wise wolf well we're busy i'm about to uh to leave dennison to head up to to br and work with my crew up there.

We've been supplying Wolfpack, and that's one of the reasons I have this office here in Denison. And I have a house here. I'm near the trading floor so I can pick up supplies. That's really the name of the game in the coming years is going to be who can get supply of gold and silver. It's not as ubiquitous as you might think. Since 2020, it's been harder and harder to source i can still get product now it's it's it's decent but any kind of any kind of uh break in in the in the normal uh system right now would really put a squeeze on it if you start if a lot of big with the whales start purchasing in the the common market

and it's going to drive the price up and there's going to be more and more scarcity so it's one of the reasons why we you know we guaranteed wolf pack um and i i said i will always have some if if i'm alive if i can if i can uh breathe air i'm going to have a supply in wolf pack so um wolf packs another way that you can just have a monthly membership uh that we we find and source your product for you. It's usually going to be a mix between gold and silver. You can go to DavidKnight.gold. And a lot of those products I put in Wolfpack are things that I buy myself, like what I would buy for me.

And because I'm interested in that. So it's fractional coins, small gold bars, things like that that you could use in a real world scenario. It's not only that, but you get, I mean, there's a lot of variety. So that's one of the things that we're really pushing right now. And David Knight dot golden, there's a promo code. If you use the promo code 1776, you can get a free constitutional silver. So be sure and check that out. And of course, if you want to just have a direct buy, just, we don't discriminate on, uh, purchasing. I, I, I, I ran into that as a young man and, uh, that's never going to happen with my company. So we respect all purchases, uh, small and large, and we can fill any order. So davidknight.gold,

absolutely. Just, uh, bet against the system. Yeah. Yeah. You may not be a whale, but you can at least be a dolphin and be smart about it. Right. That's right you know typically i look for things that are just point out in a crisis or something going to be negotiable and not have a you know some kind of a coin collection thing but i imagine uh with christmas coming up you've probably got some of those types of things or they're available right at wolfpack yes and thanks for mentioning that we've got we've got christmas christmas rounds i just put out uh the ins on the. We've been put out on Facebook. We've put out some reels showing our Christmas rounds. We put out gold

backs are going to be put into the system. You can also make one-time purchases. We've reset that on Wolfpack. If you go through the DavidKnight.Gold link, you can go and click just an alpha wolf package if you want to do one-time. You can do one- time. We had,

uh, Kenzie put together a really cool, uh, mystery bag of 90% silver and other rounds and things. Uh, and we give you a detailed invoice, but it's, you know,

we choose another mystery bag for you. You can do that, uh, at, uh, David night. Gold. So all kinds of great stuff.

And the kids package for wolf cub is 35 a month. So lots of fun there. That's great. That's great. Yeah. It's something that's commemorative like that at Christmas time. That can package for Wolf Cub is 35 a month. So lots of fun there. That's great. That's great. Yeah. Something that's commemorative like that at Christmas time, that can be something can really help get a kid excited about that. And it can be something that could be,

uh, of real practical use in the future. So thank you so much, Tony. It's always great having you on. Thank you for your support of the program and setting up David night. Thank you very much. Thank you,

David. The David Knight show is a critical thinking super 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. I mean, trust the science. Wear your mask. Take your vaccine. Don't ask questions.

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