The David Knight Show - INTERVIEW Gold BRICS or Fed Paper? Only One Central Bank is Not Accumulating Gold — Federal Reserve

Episode Date: June 22, 2023

Tony Arterburn, DavidKnight.gold, joins. The Fed has been at war with gold for a long time while all other central banks are accumulating it, especially the BRICS nations.How long can the American empire sustain its power based on financialization if its opponents focus on real manufacturing, real energy and real money?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.

we got tony ready to join us so let's go straight to tony we'll get back to greta later on but thanks for joining us tony appreciate it always great to be here david good to see you good to see you and coach tony arterman he has wise wolf dot gold where you can get gold silver you can also sign up for the wolf pack and you can get a regular, um, you can, you know, have a a monthly purchase that you have budgeted so that you can gradually build up and accumulate something that is going to make it possible for you to get outside of this control system that they've got. Uh, and he has set up David Knight dot gold. If you go through that, then he knows that you came through the program, but

Tony has always been a big support of the program and I always really do appreciate it. Tony, thank you very much. I think it's an honor to support this program and we're going to do that as long as I'm in business. Well, thank you. Appreciate that. So tell us what you see happening in the financial or the control grid world that we're looking at right now. Gold is really on sale and it hasn't lost any value, but it is on sale relative to U.S. dollars. What's going on with that?

Well, the West and really the dollar is at war with gold. It's been at war with gold since Nixon took us off the gold standard in 1971. And I think what you're witnessing right now is this. There's a bit of profit taking. There's a bit of a mythos around the uh there's a bit of a a mythos around the dollar David that it's a strong dollar you see that in headlines all everywhere and you know you and I have discussed that the Federal Reserve I think going into um this post uh invasion of Ukraine by Russia has chosen not to stimulate the economy with QE they're cutting they're they're

actually uh you know putting rates and jacking rates higher and the reason that they're doing that is to keep the strong dollar in the face of so many other countries that want to get away from the the dollar system and I think that that's been the goal is to keep the the dollar as strong as possible interest rates have done that uh the Bank of europe has done that as well has been raising rates so i think what you're watching is there's no alternative the world really doesn't they don't want dollars not anymore not really the brics nations are showing that brazil russia india china and south africa by the way they're meeting in august uh jim rickards had a great article out last week on zero hedge the. The BRICS nations are

meeting in August to talk about pegging a currency to gold. And those countries have a vested interest in gold going up. The United States does not. And I think that's what you're watching is a very sophisticated warfare against the price of commodities, because we live in a fiat world. Fiat currencies dominates, and especially especially the dollars the world's reserve currency but that's it's slowly diminishing de-dollarization is in headlines everywhere you know the year 2001 75 of all financial transactions went on in dollars 2021 56 percent 20 22 46 it's declining it's because of the sanctions you know we have 36 sanctions uh around the world I think it's uh it's for it's 40 different sanctions in 36 countries uh to be precise and again that's a blowback happening because of our arrogance uh the American empires is running

out of steam you see that geopolitically you see that internally again, this is just part of it. But yeah, gold's on sale. And I think this is a lull in, and again, what's really driving the price of gold. It's not really just jewelry demand or private demand. It's central banks. Central banks around the world are breaking records. Since the 1950s, since records were kept after Breton Woods, last year was the highest year of ordering from central banks on record. And I would say this, this is something that most people don't talk about. The United States is not buying gold. Yeah.

The United States has not added to their gold reserves since the 1950s. Everyone else has. I read a statistic the other day that it says no one really knows how many gold mines they have in China but they think it's upwards to 60 000. wow China's been mining gold since 19th after Mao died in 1976 uh they opened up their Goldman now they've gone back and forth from state control and opening up you know to the west and other uh Venture Capitalists but truly they're seeking uh gold because again a lot of these countries know when we went off the gold standard it's just a matter of time before

we lose it before we lose the world's reserve currency status and it's replaced with something else so i think i think this is a lull i don't think we're going to go back to the days of 1500 gold any times i don't know that that's even possible unless there's a complete market collapse uh and i think that would be even temporary uh so i i think what you're watching is is a little bit of profit taking a little bit of lull and again there is no alternative so you know and you know this david um inflation happens for two reasons. Either you overproduce your currency or demand wanes. What happens when you do both? We've overprinted, overcreated the currency, and demand is starting to wane, but not yet. And I think that's why we're still seeing what the media calls a strong dollar. Well, I think it's very interesting what you said about the fact that

all these other countries are accumulating gold except for the United States because they're so arrogant. They think they can get their way doing whatever they want with financial manipulation. We don't have to make anything here in America. We can buy even our weapons from the Chinese. And that's another aspect of this. You know, you've got one of the military industrial complex suppliers there at Raytheon saying, we can't decouple from China. There's no way that we've

got, we don't have access to the minerals that we need, the rare earth minerals that we need for our weapon systems or any of the rest of this stuff. They've now become completely dependent on Chinese slave labor and Chinese manufacturing to do this stuff. But they think that they can finesse all this stuff with finances they think that they can finesse all this stuff with finances and they don't have to make anything. And that even extends to our military. And it's going to be a big wake-up call. China and Russia and other countries are reorienting themselves more to things that are real and are physical. They want to generate energy. They want to build energy production. They want to have mines. They want to build energy production. They want to have mines.

They want to build manufacturing. We just want to play financial games with this stuff. And the arrogance of these people is going to come crashing down on us. And you look at the West, Tony. This last week, we saw the IMF. We saw the Bank of International Settlement. We saw the UN. All of them talking about how they need to have a global ID.

And they need to have a global ID and they need to have one global currency, or at least if they have different flavors of it, they are all essentially just manifestations of one global central digital currency. That's what they're focused on. They're looking at this and how can we make everything more financialized, more of a surveillance state, more of a digital ID everywhere, whereas the other people, certainly the Russians and the Chinese want to get everybody under their thumb, but they're looking at making themselves stronger as an alternative first, and then the tyranny is going to come. We've already got these people say, well, we already

own the world. Let's go ahead and use our dictatorial powers, our powers of tyranny or hegemony over everybody else in the world, and let's use it with this financial manipulation. The IMF's got the unicorn, you know, one coin to rule them all. I think that's the goal. That should be the biggest headlines. That's right. I talked about that last week on my show. I'm like, why?

You know, look at the Trump indictments, and yeah, I guess it's important somewhere in the top 100, but really really is de-dollarization the the end of American hegemony uh financially militarily uh you talk about China they are going for the real they're going for the minerals they got the Belt and Road initiative uh they're doing deals in Africa I mean what are we doing trying to bring drag queen story time to Kiev yes I mean that's really I mean we're we're our leaders are i mean i obviously believe this is on purpose but i mean psychopathic uh short-sighted uh hubristic all of those traits and they're leading us off a cliff and uh again that's the the difference is

it's so stark it's so striking but in the midst of that and in the chaos, yes, these, you know, the World Economic Forum types, New World Order people, the bankster class, they want one currency. They want no off ramps. They don't want you having any kind of privacy. They hate cash. One of my local bankers here in Denison, Texas, yesterday, I said, did you know that there was a shortage on half dollars? And I said, no, I didn't know that. And they said, we're not allowed to order them anymore. I said, well, there's a war on cash.

And I explained to her, I was like, they don't want you to have, and I go, it costs more, by the way, to make even the base metal coins than what they're worth and what the face value is on them, because it costs more because the dollar has been so devalued. And they said, well, I didn't know that. I said, yeah, they want to create a central bank digital currency and everything will flow through that. And if you don't act the right way, or if you don't have the approved beliefs, you're not going to be able to buy anything. She was pretty shocked about that. I turned around as your podcast. Well, thank you for doing that. It is amazing that you see, you know, so many people don't

know anything about CBDC. One poll showed about 75% of the people never heard of it, don't know what that is. And you start telling them the individual aspects of it. Well, they're going to be able to monitor everything that you buy or sell. They're going to be able to put limits on things that you buy or sell. They'll be able to make your money gradually disappear and so forth and so on. And you start telling people those individual things, and they're like, well, I don't want that. I don't want that. But they haven't heard the term CBDC.

And even the people who work in the banking system, they don't really get the bigger picture of what is happening. You know, everybody's focused on their job. Everybody's busy trying to earn a living, trying to raise their family and the rest of these things that occupy all of us. And they don't have time to see what is happening. And these people do a really good job of lying to your face, don't they? I haven't seen this for the last several years. It's getting pretty open, though, now. And that's the scary thing about it. You know that it's getting close, and you know that their utopian ideal, which is going

to be a slave dystopia for the rest of us, is supposed to be in place by 2030. We're only six and a half years out from that. So they're going to start accelerating this thing quite a bit. And we're seeing a rapid acceleration of this decline that is going to be there. So people need to get up to speed and need to start thinking about how they're going to protect themselves from this system. And, of course, they play the games with the dollar and gold by changing and manipulating interest rates. Uh,

but even as, uh, Gerald Salenti was saying last week, you know, that in the run-up to the election, uh, they're going to do everything they can to even take interest rates down. Of course,

they'll raise them after the election and do other things to cripple the economy after the election. But, you know, they'll flood the market with whatever's left of the strategic petroleum reserves to try to get the price of oil down. They'll try to get the interest rates down and all the rest of this stuff. And when they do that, gold is going to go up next year.

So now's a good time as they're playing with the interest rates right now and not doing anything to artificially stimulate the economy and to push inflation up. Now's a good time to accumulate it, I think. Well, that's true. And go back to something I said earlier, you're talking about the BRICS nations meeting in August, uh, looking to peg a currency of their own to gold. Those countries have a vested interest in, in gold going up. The United States does not.

And we've been the world's reserve currency since breton woods in 1944. um we have a vested interest in gold staying uh neutral we're not going anywhere going down and we fought that war for a long time uh but central banks aren't dumping their gold anymore they're they're net buyers uh this is this is a trend since 2009 they're net buyers david and this is not going away the dollar is on its on its way out as the role of the world's reserve currency. That is an opportunity for, if you know this is coming, it's an opportunity for you to understand what value is, what money is. And again, the dollar is not money. The dollar is currency. It's a fiat currency, which means by decree means they say so. And so this is because they say it means something or has value and it doesn't um and you know jerome powell well you know we look back at paul volcker who raised rates into the teens uh in the 1970s because of uh the nixon shock and

inflation um that was to counter inflation and uh we look at that as the highest interest rates ever well that's true however uh jerome powell's raised them faster than anyone else yes they know what happened after in 2020 they know that 80 of all the dollars he raised it so fast he broke a lot of banks and more may follow you know because they couldn't uh adjust their positions quickly enough yeah you talk about the fact that's fiat and that's one of the things that they talk about in this competition between crypto and cbdc the crypto is based on proof of work. That's why they call it mining. But the CBDC, they say that's going to be proof of stake. It's going to be what it is because I say it's

what it is. I'm arguing. I'm Mr. Science. I'm Mr. Finance. I'm Mr. Money. It is whatever the science is, whatever I say, and the money is whatever I say, and its value is whatever I say it is. It's just dictatorial is what this is. And the scary thing about this, Tony, is the fact that these people know what they're doing. They're not stupid because they deliberately know what they were doing with the sanctions, how they were hurting, especially the Europeans with the oil sanctions and the gas sanctions and blowing up the pipelines and all the rest of this stuff, they know what they're doing in terms of creating austerity and here in the United States as well.

And they're not averse to that. As a matter of fact, they want that. That empowers them to make us poor. And so when you extrapolate what they've done with oil, extrapolate that to what they're about to do with money, and it uh, it is a very disturbing, uh, prospect. Absolutely. I mean, they're, they've been manipulating the financial system for so long. And again, it allows them to, to dominate, uh, the world, uh, militarily as well.

It's the lifeblood of the American empire is the petro dollar. Uh, you know, the Pentagon ran a a war game a scenario three years ago against the gen Z Bitcoin revolt um sons of gen Z I just had him download his first Bitcoin wallet yesterday I showed him how to get Bitcoin and uh he said but dad where's my how it's not tied to a bank you know it's not how does it doesn't know my name and I said exactly it doesn't know it it's just a wallet it you hold the keys. It's yours. You're the bank.

And he said, oh, okay. He's 18 and he's learning. And I was teaching him. He's helping me with my gold and silver shop here in Denison. And I said, no, this is how you buy Bitcoin. What they fear is decentralization, David. What they fear is individuals having liberty and sovereignty and being able to trade amongst ourselves. I mean, if you think about how ridiculous the income tax is, our taxing system, they make it complicated for a reason.

Nobody really knows what the code means. I mean, I think it's enough like binders and books to fill a warehouse that you'd have to go through. And nobody really knows. It's meant to be a murky for a reason yeah and so they can they can go after they can choose who didn't do something right and go after you i mean the founding fathers knew that an income tax was was going to be used politically would be used to punish that's why we didn't have that's why it was unconstitutional

that's why we had to have a 16th amendment again but they after 1913 we get the federal reserve bank they needed the income tax it's part of that system it's part of the the planks of the communist manifesto that's what the empire uses they don't like individuals being able to be outside of the system uh that's why looking at the future it's important to understand what money is how to have value how to trade between yourselves like as far as gold and silver concern or crypto. Um, and I, I still, I still think, you know, crypto has been taking a major hit. There's lots of regulation, but it's still, I think a, a, a viable alternative to the currency system right now.

Well, it's complicated, but it's not as complicated as the IRS, uh, uh, tax code, as you point out, you know, you can be taken, you can be ripped off with that big time uh i i remember it was about 15 years ago there's republican candidate we covered uh what he was doing this event uh we're there to film it and he wanted to take the entire irs code and put it in a wood chipper and so he had the wood chipper there and he got on the phone with the IRS. He said, how many pages is a code? Well, we don't know. Couldn't even give him, just give me an approximate number. It doesn't have to be exact. And, and he called one person after the other. And finally he got somebody who gave him a rough estimate who was a, a private tax accountant. And so he got the equivalent amount of paper.

It was something like, you know, 60,000 pages or something, fed it into the wood chipper. And, you know, we had confetti going all over the place, but nobody knows. And when you have a law that is sufficiently complex, it's the same as having no laws at all. And these people can weaponize that, that you don't know what the law is so they can come after you in an arbitrary way.

And so it's a, you know, there's, there's risk involved with the crypto stuff, but there is risk that is built into our system. And these people just, they are so arrogant that, uh, they will come after, uh, both the dollar and the petro aspect of the petro dollar at the same time and feel like they can get away with it, you know, because we're so powerful, nothing can ever happen to us. You know, it's amazing to me, uh, the arrogance that you see with these people. Yeah. Pride goes before a fall. I hear in pride month, uh, we'll get to talk about that, but it's, it is, I mean, you're watching. And again, if you read history, uh, it's frightening because you see the telltale signs uh and especially in the

modern era uh empires go away quickly you know this isn't like a long you know two three hundred year decline anymore things move faster yeah we look at the fall of the soviet union david you know this i mean 1979 they're invading afghanistan they're the mighty soviet empire 1990 they're broken into 16 pieces and they're they've fallen off the face of the earth um I don't know what's happening going to happen to the United States if it's going to be that quick um but we're definitely I think again in a dangerous territory where we the the Empire is cornered uh there is no offense for peace in Ukraine the the timeline for training these

pilots that we're giving these fighter jets to is what about nine months you look at antiwar.com and General Milley was on there last week saying that the counter offenses are going to be long and bloody don't worry about that I think that should be the major headline right now because we've got a dying empire

currency is being de-dollarized the only way to really save that or prop it up is through a worldwide war. I'm not fear-mongering. I'm just following my instinct and looking as a combat veteran and somebody who studied geopolitics. I fear that. And I look at the tensions that we're manufacturing with China, especially the right here in this country, the so-called right, where they're going to, oh, the gonna oh the lab leak and it's china and everything the lockdowns because of them and you know and

using that misdirection you know getting half truths yeah it's not just happened to us it's not trump no what happened in 2020 it's china's fault somehow yeah it is uh it is very concerning and of course these fourth turning, we almost always have war. We always do have big financial unrest. That's always a part of the fourth turning. And it usually is accompanied by a big war. And I think this war is going to be not just a world war. I think it's going to be civil wars breaking out everywhere.

You can see this happening because these people are so in your face about how they're going to destroy your freedom and dignity. 2020 was just a warm up for them. And they wanted to see how we're going to destroy your freedom and dignity. 2020 was just a warm-up for them. And they wanted to see how we're going to react. They wanted to identify people who are not going to go along with them and all the rest of this stuff. But it was also a lot of psychological preparation. And the people who went along with it are going to be more likely to comply with whatever forms of tyranny and identification and control

they come up with in the next couple of years. And so it is, and this is happening in every single country it doesn't matter uh what the stated political parties are they all did the same thing i think you're going to see globally civil wars breaking out everywhere and i think you're going to have a world war as well that's yeah i don't want to see it but i think that's what's going to happen. I think that the elites are fighting history. I think they're fighting the human condition. Human beings, if you read history, we're decentralizing. We want less centralization. It's only the elite that want more centralization. The New World Order is antithetical to the movement of peoples and where we're headed. I mean, if you look at the Protestant Reformation, the American Revolution, these are decentralizing things. And again, I don't think that we're

trending towards centralization as human beings, but that is what the elite want. That's what we're at war with. I think that's what causes the friction. And I think it's an opportunity. I think they've moved very fast too. I think that's why they're rolling out so much now. I think there's a throwing things out there that they'd saved. Let's roll out AI three years early, you know, and just to see if that disrupts the system. And we just got to, let's, you know, let's accelerate things with Ukraine. Let's do all, but we were supposed to have war in five years. Maybe we'll do it now.

Let's throw out UFOs. We can get everybody paranoid. We got, AI is going to kill us. The aliens are going to kill us. And, uh, you know, yeah, UFOs. We got AIs going to kill us. The aliens are going to kill us. And I really do think, I mean, look at this. This is something all my life they've been saying something opposite of that. And now all of a sudden, they've flipped the switch. And they're pushing that very, very hard, pushing it from Washington.

The same people who have been denying it adamantly for 60, 70 years are now adamantly insisting that that is what's happening. I mean, it's just chaos and confusion and fear everywhere. And that was the science. Oh, yeah, the science. I mean, 50 years ago, if you saw a UFO, the science was you had to go to the mental institution or something wrong with you. You know, you're a liar. And now if you see a UFO, oh, that's the science. We've got a whole committee.

So, again, always follow the science. Never is wrong, David. Always follow the science, right? Yeah. Now if you don't see the UFO, you get to go to the center. That's right. You get shut down. Yeah.

They've got a lot of things up their sleeve. They're running all this stuff out very quickly everywhere you look, too. And, of course, there's also been this sense, and we understand, that've been uh stockpiling a lot of things that they don't uh show to us and uh you know so they've got a lot of cards up their sleeve and they're probably going to throw them all at us in very rapid succession uh they're going to lie to us as to what is behind all of it whether we're talking about some uh you know presumed war that we've got to be involved in with another nation or whether it is some imagined intergalactic warfare that everybody's been conditioned with media to want to see happen.

It's amazing to me to see how people want to see something like that happen. And it's just they're so ready, so biased, and they want to confirm that bias. And that's one of the things, they're so ready, so biased and they want to confirm that bias. And, uh, that's, that's one of the things that they're pulling on us, but that's going to be, uh, we're going to be in interesting times as a Chinese say, that's a bit of a curse, but that's the times that we live in. It can be very interesting times. Tell us a bit of what, what is happening there at Wise Wolf. Well, before I do that, I was thinking you were talking to Geesebusters earlier.

He put a donation out on Rumble and I, I love that, I was thinking you were talking to Geesebusters earlier. He put a donation out on Rumble, and I love that name. And I was thinking, you know, that's really the history of money comes from geese. And the Romans were guarding a shrine, and the Gauls were going to attack. And as soon as the Gauls had crossed over a certain boundary, there was geese that started honking and it warned the Romans and so they they named the shrine after the the goddess Moneta which is the goddess of warning and Moneta as they made that that Temple they made it the mint and that's where you get the term money so again geese geese has something to do with uh with money I was I was reading that the other day um and I'd forgotten I read that years. I thought I'd bring it up on the show. Just something interesting to throw out.

It was a big honking war and they got advanced. It was a big honking war, right? The goddess of warning, which is all this should be a warning. When we talk about money, you talk about the history of money. This is a warning to us all because we got major changes ahead. I put out a post yesterday, David. We picked up 4,000 ounces of silver in shop yesterday. We've got a steep discount. These are all generic rounds, one-ounce silver rounds in good condition. If you've been on the fence about getting silver, you need to contact us because we'll be able to save you a significant amount. I know premiums have been very high. It's not my decision to make premiums that high that's because the paper market is fake and the real market is again it's harder to find in source silver so there's there's a price discrepancy between spot and retail um but

i can i can make a significant savings happen on any kind of purchase when we got that 4 000 ounces and that's more than we usually buy at once. It was somebody that's just cashing out. So go to wisewolf.gold, davidknight.gold, and let us know that you got here from David. And then we've also got the silver dollar promotion. Anyone who joins Wolfpack, I think I've still got another 100 or so silver dollars left. That's just, and again, for David Knight listeners,

it's all tiers. I put that out a few days ago. You had to do Warrior, Wolf, and above for anybody else. But David Knight listeners, if you just join, put David Knight, you get a free silver dollar. And we're growing Wolfpack day by day. And the more people that we have, the stronger deals that we get, the better buy-ins that we have. And it's just a way for people to start stacking a little bit of actual wealth. And we're not going to tell you that you're going to make it. This isn't an investment package or anything like that. It's just you having a set amount of

precious metals that come in every month. We buy for you. We generally like to save you money and we like to give you a variety. So it's going to be something different every single month because I'm buying things different in bulk every single month. So go check out DavidKnight.Golden. There's a tab that says join Wolfpack. You can get David credit. Definitely Wise Wolf is going to step in today too. We'll see where the gauge is. I know they've got a lot of matching donations there on Rumble. I tried to sign into Rumble earlier and give you a donation. I may just go direct to cash app. But we definitely want to make sure that the gas gauge is full every single

month. And definitely wise wolf is, is, is helping with that. Thank you. Thank you for doing that. And thank you for extending that to listeners, this program that if they join up for wolf pack at any level,

they can get that special. Is it, it was a, was it a silver dollar that was uh yes sir yeah we've got uh i've got a load of peace dollars from the 1920s and uh i've also got some morgan silver dollars and i think i've got like 100 or so left um so we've been we've been giving them away i bought a lot of them last month and i said let's just make this promotion so um you get those when you join Wolfpack. Used to have peace dollars. We don't have those anymore, right? No, no, we don't have peace dollars. We've got military dollars now and they're just flying out the door. Did you hear what I said earlier about the fact that, uh, you know,

they upped the price of a $300 trash can to $52,000. It's just amazing, you know, and we're going to, we're going to, we saw that in, in Iraq, you know, they would have, uh, you just see fires going on. They go do control debts on like equipment that would just be, you know, that needed to be fixed. They blow it up. You know, these contractors go out for Brown and root. They just have stuff that they demo it. And, uh, I mean, so much waste.

Yeah. I mean, you got, it's just, it just, it. And I mean, so much waste. I mean, it boggles the mind how much waste there was in the war on terror. You know, we're going to democratize mankind, David. I was part of that. I got to see it. And you think about the crumbling infrastructure, the schools, the airports, the roads, everything that just looks so dilapidated in our country, the joke of our highway system. And we went over there and spent what? 10 trillion in the Middle East. I mean, it's just unforgivable criminality. And of course it's corruption, it's criminality. Just like I-95, they can rebuild this stuff in a couple of weeks if they really want to.

And they did, and they got the job done and good for them. But it's like, so what are you doing the rest of the time when you're not doing this? Or there's a counting error thing. You know, we give the missiles, the Stinger missiles from Raytheon, we give them to the Ukrainians, and we're going to only value that at a discounted book value off of the $16,000 that they cost. But now replacements are going to be $400,000. And we're not going to count that. I mean, it's just, it's insane. It's an extension of when money's not real. Yeah, that's right. You know, and we've,

there's always going to be corruption in the human story. There's always going to be, again, there's always going to be grifting. There's always going to be evil. That's, that's not in dispute dispute but when you create fake money everything tracks back to that there's no accountability because you can just make more of it yeah and i think we went off the rails long ago i mean even when i was growing up there was talk of fiscal responsibility we're going to balance the budget no one even remotely tries to talk about that anymore it's just like well we'll see what happens you know there's there's no there's no effort for

for fiscal responsibility or sanity yeah yeah these people even the pentagon you know they're playing these financial games with it and uh you know as if uh there's there's no accountability for it and of course they know that there isn't you know a trillion is just a a number now right and and it's an astronomical number with that we't fathom, but they're spending multiple trillions on everything. And so things don't even get to be a big deal. Even to me, I'm looking at the trade going back and forth between US and India. They're supposedly a major trading partner that Biden doesn't want to offend. And it's a couple hundred billion dollars we spend with them in trade back and forth. That's nothing, you know, anymore, considering the amounts of the fantastic sums of money that they're spending now. It's just out of proportion to all reality and how we interact with every

other economy on earth. And at some point in time, people are going to get tired of their accounting tricks. We already are, but it's going to come imploding on. I always think of the big, you know, the story about the giant tree that falls down. You look, uh, it's going to come imploding on. I always think of the big, um, you know, the story about the, the giant tree that falls down. You look at it's very impressive. It's been there forever. And yet you don't realize that it's completely rotted and hollowed out on the inside until a small wind comes along and knocks this thing over.

And that's really, really where the American empire is right now. I think so. Um, it's, it's very important for people to take action to protect yourselves and tony's been a great friend of this program and of us and i really do appreciate the things that you've done tony appreciate it thank you very much thank you david you can get to him with david knight dot gold even set that up we're going to take a quick break and we will be right back folks stay with us show we've got a problem. What?

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