The David Knight Show - INTERVIEW Gold Rush Chaos: Trump's Tariffs Threats Trigger Uncertainty

Episode Date: January 30, 2025

Economic warfare is the new battleground. Tony Arterburn, DavidKnight.gold, exposes the hidden chaos in the financial markets triggered by Trump's aggressive tariff threats. With central banks scrambling to move their gold reserves to avoid potential taxes the financial landscape is anything but stable. Meanwhile, as Europe and the US play with derivatives and ETFs, the East amasses real commodities, setting the stage for a clash between digital and tangible wealth Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7 For 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.

When you're not weighed down by high interest rates, life lightens up. MBNA TrueLine MasterCards have low interest rates on balance transfers and purchases to give your finances a lift. Find the credit card that's right for you. Visit mbna.ca slash TrueLineCards. Give your finances a lift. Now is Tony Arteman of Wise Wolf Gold. Of course, you can find him if you go to davidknight.gold. That'll let him know that you're coming through us, and that'll take you right to his portal. And we're going to talk about some new programs that he's got coming up.

He's very innovative in terms of helping people to invest and to save. And so we're going to talk about that coming up. But let's begin, Tony, with this rapidly changing economic landscape that we're seeing here. I mean, the big changes in the volatility are just coming left and right over many different things. It's not just crypto because of Trump and his personnel that are policy, but it's also what we've seen happening to the stock market with the AI stuff as well. So thank you for joining us. How are you doing? I'm doing great. It's always fantastic to be here. I love the show. I was listening

before we went live here. And I just, you know, again, so many things to cover because the world is changing rapidly. We look at the proposals that Trump has made and the markets are adjusting to that. I did not ever think I would live to see this, David, where tariffs, literal tariffs and the modeling of the late 19th century. That's what Trump keeps saying. He keeps not only talking about tariffs as a weapon and something I disagree with in the weaponization of the dollar, putting 100 percent tariffs on countries that don't use the dollar. But he's actually citing history. And this is more than on one occasion. The markets are starting to adjust to that.

First of all, we're not going to be able to go back and have the cheapest goods made and ship that out to the world. The costs are too high. The regulation is too staunch. And again, it wouldn't work that way so what you have to do is you have to adjust with a weaker dollar and i think that's what's happening right now is that markets are starting to adjust to what trump is proposing and uh i don't interesting times david another another consequence of this and i don't think there's many outlets that are covering this

at all, except the Financial Times put out something, and I think it's the tip of the iceberg. So you heard it here first on the David Knight Show. A lot of these European central banks, Bank of England being one of them, are starting to withdraw gold. And a lot of entities are withdrawing gold out of these vaults because of the proposed tariffs that haven't even been put in place yet. And they're shipping them to the United States to avoid tariffs. I think this could ultimately have a domino effect where a lot of the bullion houses that have these contracts that are written on physical bullion don't have that to show on their balance sheets anymore. It could cause a cascading effect of a repricing structure based on product that isn't there

that this is something that that you know long ago of those of us in the gold and silver business have called foul on what these etfs and some of these paper structured entities do with their gold bullion because we don't think that supply is is as deep as they say it is. And I think this is going to get exposed because I think unintended consequences of the Trump tariffs, lots to pay attention to here. Yeah. Instead of just auditing the Fed, maybe we need to audit Fort Knox as well. You guys got any of that stuff there? Looks pretty empty in there. Big start. Yeah. Well, one thing I don't understand, though, is why are the central banks, how is it shipping gold to the United States? How does that help them with tariffs when they come in? I don't understand that part of it.

Well, it's not been clarified whether or not gold or silver would be tariffed, would have a tax put on them, or they'd be treated as currency. That's not been established. would it be tariff would have a tax put on them or they'd be treated as currency that's uh not been established and so it not necessarily the banks themselves but entities that hold uh the bullion at these central banks or or in their periphery and it's just enough i think to cause a real problem for those who have been you know relying on paper gold yeah something interesting else that happened uh that i've been paying attention to. So when they have to settle that, they might incur a tariff, is what you're saying. So they want to make sure that it's over here so they can settle those debts on the ETF.

I follow you now. Okay. Right. Yeah, it's basically just hedging against, well, if there's going to be tariffs on that and, you know, it needs to be repatriated they'll do it now and maybe based off of uh of debt or uh holdings or assets they already have here and it might be just a need to do that before then there's a new financial structure put in place um but i think that he's just a chaos agent isn't he he's not working with control he's working well maybe he's working with

control and chaos maybe the two sides of the same coin, right? It's crazy. I think it's an unintended consequence. This could show and reveal the rigged system. Stuart Engler, who's been on my show, wrote a book called Rigged. And it's deep into how the giant bullion houses and the central banks collude together to keep especially in the west and that really is the the federal reserve to keep the price of gold low as low as possible and not truly reflect uh the weakness of the dollar i mean the the dollar lost 35 percent of value against

gold this last year david and they're losing they're losing control of the narrative. It's one of the reasons why in the late 1970s, going into 80, gold hit $800 an ounce. We just recently crossed the threshold where adjusted for inflation, that was the all-time high. So we just recently crossed that. So back in the true high up until the last months uh was in 1980 for gold against the dollar and i think that's that's something you need to truly watch because what they did they stepped in at the late 1970s 80s and they raised interest rates to the teens with paul volcker but they also went after the hunt family for exposing physical silver when you purchase physical silver how it drives the price up nobody ever did that again um and then and then gold went on a hiatus it went into kind of just being uh uh put into

the carbonite like on star wars it was just like it was set set in place and it didn't really move for a couple of decades because of the system that was rigged against it all those wheels are coming off that financial system now. And that's something, those are the stories and the headlines that pique my interest. It's not that it's going around and that's what, you know, is mainline right now, especially in the gold business. But I see things like, oh, these vaults are clearing out and they're sending their gold back to the United States to avoid any sort of tariffs or repatriation or whatever they need to do if they're moving it back and forth,

just doing it in one big swoop, that could cause, I think, a cascading effect of these prices being reset. So this is going to be interesting to watch, too. Yeah, it's economic warfare. And it's different than the way Biden did it, but both of them were engaged in economic warfare. And both of them, in terms of doing warfare, they're suffering collateral damage to their own financial system, to their own dollar that's out there. But it's not just economic warfare. Trump really does want people to see him as some great turn of the 20th century leader, you know, like McKinley or like Teddy Roosevelt, who walked softly and carried a big stick. So Trump, though, screams loudly and he carries a big tariff. And that's what he's going to do. The question is, is he really going to pull the trigger? Is he

really going to do this stuff? I talked to David Bonson yesterday, and he thought it was just bluff and manipulation, but he did not like the idea of tariffs, and I don't like the idea of keeping the income tax and adding another massive tax, and that's exactly what we're going to talk about. And I should have asked him yesterday what he thinks about inflation, and we got on some other things, and I didn't get his opinion about inflation but i i think you know when you look at all the stuff that they're doing all of it is inflationary can't help but be inflationary it's around the world the the european central bank just cut interest rates by 25 basis points uh the bank of england at we're set to continue qe here there's no way out for

the the fiat system that's put in place, and especially since if you want to model it after what happened in 1971, David, we're going all the way to the end, going all the way to the bottom with fiat currency, and they're going to continue to do this. Now, it's not tomorrow that the system collapses, but the language that they use is a great reset. They have to reset their currencies against commodities eventually, and we're going to continue to play the game here. That's interesting info out of Davos. Something that I took, and again, this is something where

my mind goes, but Larry Fink of BlackRock was the the fellow lizard people at uh that um he sees and he called a price prediction for bitcoin which he's never done now he's the leader of the etfs with black rock and it's the most successful etf of all time he called a 700 000 price prediction for bitcoin well if you adjust that that's the market cap for gold, David. That's where it puts Bitcoin on parity with gold. Larry Fink and BlackRock are not necessarily pro-gold. As a matter of fact, he's criticized countries for trying to move away from the fiat dollar system or this fiat itself and central banking into gold or gold-backed currencies. He doesn't like things like that. So you're seeing like these two emerging competing systems where china is just hoarding all this gold uh i mean they got 60 000 gold mines they're

they're a net importer not exporter um there's a there's a lot of scholarship to show that they might actually have more gold in the united states and um they continue to buy that is a digital versus commodities-based system. It's the West versus the East, because the East is moving into the Belt and Road Initiative and rare earth minerals and other things. This is going to be an

interesting, I think, something to watch as everything starts to play out, David, where the West is accumulating digital and AI wars, and the West is accumulating digital and AI wars and the East is really going after commodities and rare earth minerals. And I don't know if the West is going to, the alarm bells are going to go off early enough for us to catch up.

Yeah. Well, you know, it's very much like what you just saw this last week. You know, people coming out and say, well, we think that the deep seek people ripped off open AI, you know, and plagiarized it. Of course, they're known for intellectual property theft, so that's certainly a possibility. But the reality is that so much money has been thrown after AI, it really does make you scratch your head. But if you stop and think about it, that's really where the governments are focused, because they see us as their primary enemy, and they need defense against us. And their defense against us is

going to be artificial intelligence. It's going to be able to identify us, surveil us, censor us, propagandize us, all of these different things. That's their defense against us. And so nothing stands in their way of putting money into that. But it really is a kind of warfare. And when you look at Larry Fink and his saying, well, we think that it's going to go up to $700,000 for Bitcoin, each coin. And he said it gets up to the market cap of gold. They've done everything they can to fight gold with fiat paper. They've done everything they can to fight gold with fiat paper. They've done everything they can to fight gold now, they will, with a kind of paper

Bitcoin, right? With an ETF of Bitcoin. They don't want anybody to have even a real cryptocurrency. They want to get a derivative of all these different things because that's their game. That's the way they can manipulate things is through derivatives, through securitization, through ETFs, through all those different things. Those are all just different variations of how they can muddy the water for people and manipulate the markets. Well, that's right. And somebody like Larry Fink, when he's saying that at Davos, he's signaling to people to buy.

He's telling his friends that's an overture. And that's probably he's probably being very conservative if that's the simulations that they're running. And you're absolutely right. When BlackRock launched the ETF for Bitcoin, it put them in a position to navigate the price control of Bitcoin. I'm not saying that they can. I think Bitcoin is much bigger than these financial institutions. But in its infancy, it still is a very young thing. It's still being adopted. It's still there's still a lot of things being worked out on the Bitcoin network. So for them to get in that early and have these, you know, billions and billions of dollars of inflows and creating a price shock and a supply

shock i think that it puts them in a position to call things like that now i do both and i like bitcoin and i like gold and silver um i don't necessarily think they compete but it is something interesting when they're using those things to and he hasn't outright said it but like you know that bitcoin is going to replace gold or something like that. But when he's singling that these are going to be equal market caps, I start to pay attention because they're going to use that as some kind of leverage, it appears. And they can't be, you know, if they're running these sophisticated simulations on what happens in the in the end run here with with the worldwide debt and sovereign debt and what happens with currency creation and the money supply. They have to

understand that that collapses eventually. Just mathematics. You can continue to inflate the money supply and the regular people. There's going to be so much political unheaval people, David, because of the lasting inflation. Inflation is not going away, folks. It's going to continue to get worse and worse and worse. And then the income disparity and the income and the wealth concentration is only going to get larger. So I know this is the order of the day. That's why we're talking, you know, right before the election. We keep going back to that is, you know, what's going to happen with the election? Well, there's going to be short term things one way or the other. to happen with the election well there's going to be short-term things one way or the other you know with harris there's going to be a rise in gold and silver with with trump when there's going to be a rise in

bitcoin and lowering in gold and silver and that but the fundamentals of what drove all those things it's still there so um i don't think you know again that inflation is not going away they're going to have to do something they're going to have to do something. They're going to have to have some sort of plan in place to withstand, you know, the crash of these economic systems, which are coming. I mean, there's just too much debt and too much uncertainty. As you said, Trump is a chaos agent and certainly not something I even advocated for tariffs and things. But now that it's being done this way, here's what I would add to the tariff argument. I don't think that he can carry out this policy because the party in which he's the head of doesn't believe in that.

I know that because I ran for Congress as a Republican. I've been I've been in the primary process and I know the voters, ran for Congress as a Republican. I've been in the primary process, and I know the voters. The voters like it, but I don't know any congressman. You can't name anybody that understands what economic nationalism is. So there's not the political will other than the top, other than him saying this so i don't i find it to be less likely that any of these policies would be um truly implemented beyond four years uh so i don't i think we would probably have a lot of like you said there's a lot of chaos there's a lot of uh weaponization of the of the u.s financial system for political and geopolitical ends and that's why i don't think i should i'll be

betting on a the financial system changing like us replacing the income tax which i would love yeah but that's always been with all the different things that everybody has suggested everybody hates the income tax and you know there's a lot of different ways that they could collect the tax a tax ways that they collect it that they could collect it where it would not be so obvious and i think that's one of the things about a tariff. It really kind of operates like a value-added tax in many regards. As parts are going back and forth across the border, it keeps adding more and more taxes.

So it can have a cumulative effect on it rather than just something that's at the tail end. So there's all these different aspects, ways that they could do it. And Europe would use VAT taxes and get more money from people, but would not make them give a financial report to the government and a signed confession. And so, you know, it was really the American government was really more about trying to incriminate people and get leverage over their political enemies, over people that were interesting to them, in my opinion. And so there's a lot of different things that have come up over the years, but everybody would always say, whether it's a national sales tax or a fair tax or

something like that, we're going to wind up with both of them. And now here we've got a situation where we're going to wind up with both of them. And all the conservatives are just fine with that because it's Trump. They don't care they're going to wind up with an additional tax we'll have internal and external revenue uh agents that are going to be um out there after us i'm i'm with the uh what was it the beverly hillbillies i think used to call them infernal revenue agents reveners yeah up in the hills so we're going to have more infernal revenue uh agents and they're going to be internal and external. Why? Because we won't control the spending. When Jefferson said that he had eliminated useless offices, so therefore he was able to cut all internal taxes, and they only had tariffs, but they're not going to do is they're going to add another method of collecting taxes to us that's all it is and it's just a stealth head fake and i i think that he's really going to do it i you know we just had scott besant this hedge fund manager get uh confirmed and it's part of the confirmation thing he went back he was opposing all of this stuff a year ago

he's got a newsletter he was opposing it all then when he year ago he's got a newsletter and he was opposing it all then when he gets confirmed he says uh we'll do it gradually we'll add two and a half percent per month until we get up to 20 so you know bring that in over an eight month period is that just to ramp things up so people don't really understand where it's coming from you know so it's not an immediate shock but it's still going to be a pretty big shock if they add it two and a half percent more every month until they get to 20 over an an eighth month period. But, you know, that's the way they're looking at this stuff. I think that they're serious about it. I don't think it's simply a bluff. Well, it's going to be interesting. You know, you mentioned the income tax, the

16th Amendment. A lot of people didn't think that would pass. I don't, you know, there's evidence. A lot of people say it didn't. It wasn't truly ratified to begin with. That's right. 1913 is the curse of that. You know, you had the Federal Reserve, the 17th Amendment to the direct election of senators, of course, the income tax, and that was Woodrow Wilson's banner year

to implement the first bit of free trade policies. That was really when we started to rapidly depart from the founding principles of free trade policies that that was really when we we uh started to uh rapidly depart from the founding principles of this country and those all those decisions uh have lasting implications today and that's why we have a deep state so we have an american empire it's it's why we're so far away from from where we or we're supposed to be as a country what our founding principles were so you'd have to do something about the 16th Amendment. You'd have to put something in place. I just don't know that there's the political will in this or the understanding of that.

I mean, think about this, David. If you if you really wanted to expose the game here, if you were thinking just a little bit above, you know, partisan politics, what you could say is for all of the left, all the progressives and all the people out there that think the rich oppose the income tax, and I'm talking about the super rich, if you think that, then put it out there and say we want to have a vote on an amendment.

See who backs that to withdraw the 16th Amendment or to abolish it or to ratify it or to take away the income tax, the super wealthy would not oppose that. They would not come in and say, we're going to back a new tax system. They're not going to do that. They love the current tax system. It exposes so much there, and no one's going to do that.

That's why we continue to have an income tax in this country that's crazy and and used as a political weapon that's all it is it's making sure that people can't compete with the ultra wealthy and they can't compete uh politically it's just to make sure that everybody's in check i mean look at uh i mean even the even the kennedys had uh richard nixon's mother audited while she was in a nursing home. You know, I mean, while they were in office. And then Nixon had people audited, you know. It's used as a weapon. That's right.

Always has been. Just like the FBI. And, you know, you still got conservatives cheering the FBI. What happened to the FBI? They were so good when Efren Zimbalist Jr. ran it, you know. With a TV show. But when you talk about the big corporations, everybody knows that they're not paying their taxes.

And, you know, it's a common thing, even to the extent that with the G7 just a couple of years ago, the Biden administration, Janet Yellen, said we've all got an agreement that we're going to have a minimum tax on corporations of 15%. And if we think that you're not paying that 15%, you know, because you're using loopholes and stuff like that, then we'll feel free to put surcharges on, you know, the big companies like Big Tech and Big Pharma, things like that. And, you know, so Germany and France could put a surcharge on if they see that the corporate tax rate because they're using loopholes is less than 15 now the first thing the

trump administration did was they came out and said we'll lower our taxes down to 15 where that number come from well it came from that it came from the globalist agreement that he's going to maintain we're not going to go below 15 but then he put the caveat in there and that is that if you put a surcharge on american headquartered corporations that are multinationals if you put a surcharge on them because they're not really paying that 15 wink wink uh then uh we will double your taxes or whatever you know in this country so that's the game that they're playing back and forth. And we all know that they're not paying that. But he's going to go to the mat for the American multinational corporations,

the big tech, big pharma primarily. He's going to go to the mat for them. He's going to obey the minimum that was agreed upon by the globalists. He's not going to go to 12% or 13%. He'll keep it there at 15%. Do exactly as he's told. I guess the key thing when we look at it, though, are the Bitcoin reserve talk that is happening out there. We have in Czechoslovakia, the head of the central bank there is talking about not a Bitcoin reserve, but getting a percentage. I think the

number that he talked about was something like 5% in Bitcoin. You've got Texas talking about a bill, in fact, Texas talking about doing some of that. And I was surprised to see the other day that Bitcoin is only, if they're honest, I don't know who did these figures or checked it, but they said that only 2.2% of it is institutionally owned. And so a big part of what the people who are bullish on Bitcoin are saying is that we turn the corner when governments start accumulating it. And so now we've got talk from state governments accumulating it as well as European governments starting to accumulate it.

What do you think about that? That's something known in the Bitcoin space as game theory. That's where it goes from those who are loyal in the Bitcoin space and what are called hodlers. It's a misspelling of holding somebody who had a little too much to drink on a forum years and years and years ago when Bitcoin was rollercoastering around. And he said, I'm just going to be hodling for the rest. I'm going to hodl. And so people use that. And that's where you get the term hodling.

Game theory is where the governments realize that the fiat system and that continued devaluation. They don't hoard their own currencies, by the way. The dollar has been rapidly dumped in the last four years. system and that continued devaluation. They don't hoard their own currencies, by the way. The dollar has been rapidly dumped in the last four years, and the euro got supplanted by gold as the second most held reserve asset after the Bank of International Settlements made gold a tier one back in 2021. So game theory appears to be correct, where these governments start using it and putting on the central banks, put it on their balance sheet to hedge against a fiat system in which they created. So it's like a way for them to go back to normal digitally. These other countries, the BRICS nations, David, are already doing this in commodities, gold, silver, platinum,

rare earth minerals, oil, other things. I mean, the Saudis are massively investing in infrastructure for mining around the world and other things for rare earth. That's where you see a lot of those who are rich in fiat right now, not the United States. That's where they're pouring all their funds into. So Bitcoin gives them a digital way to do that. And so I think that is a very likely scenario. I felt this way after I left the Bitcoin conference in Nashville, seeing RFK Jr. speak and, of course, Trump, and how far we had come. I got into the space in 2016 and bought my first Bitcoin ATM. And I didn't even know it. I just I just got level. I thought it was I saw the activity there and I thought this

I didn't know, you know, loathe the dollar. I ran against the Federal Reserve when I ran for Congress, but I didn't understand Bitcoin. And maybe I still don't understand it today, but I work with it every day and I've I've learned a lot. So I think that this is something that we're going to see. Governments are going to put Bitcoin on their balance sheets. States, corporations, this will be a thing. And how long will it last or will it go far beyond what Larry Fink thinks is 700,000 price? I don't know uh i just i just know that the fiat system of which it is the antithesis is melting down and uh i mean that's why i'm in i'm in the the business of real and i would put bitcoin for for all of its uh its drawbacks electronically or you know being you know relying on the internet and other things uh as being real along with gold silver. Not quite in the third dimension where you can hold it in your hand, but real enough. Well, the central bank chair of the governor, that's what they call him, told the Financial Times, the governor of the central bank in Czechoslovakia,

he said, well, I like profitability for the diversification of our assets. Bitcoin seems good, he said. But he had a caveat there, which DG8 has a question about, and that is the Trump meme coins and things like that. But even beyond that, this is what the governor of the Czech National Bank said. He said those Trump guys can now kind of create some bubble for Bitcoin. But I think the trend would be an increase without those guys as well because it's an alternative investment for more people. some bubble for Bitcoin. But I think the trend would be an increase without those guys as well,

because it's an alternative investment for more people. DG8 says, can you ask Tony if Trump's grift on the Trump coin, which last I saw was down 64%, Trump meme coin and Melania coin, if that hurt people's faith in crypto? I know a lot of people who rushed to buy them and lost a lot of money because the guys that put this thing together, they make their profit and then they put it out there for the public and it's a pump and then it's a dump, isn't it? I've said that from the beginning. You can make a fortune getting into some of these meme coins and I follow the crypto space pretty closely. I would never, ever advocate nor launch.

If you ever see me launching a meme coin, that is not Tony. I've been replaced. I'm AI or I've got a Neuralink. Something's happened. I would never, ever advocate that. And the reason is because what does it do? What's its functionality?

What does it serve? I have all these questions about the crypto space. And that's really unfortunate because it's going to cause some sort of bubble or crash. People are going to lose so much because of this. And meanwhile, you have, you know, again, good technology like Bitcoin and decentralized. It's a gift that was put in place by a lot of people all around the world keeping this network up that aren't run by the same company. Think about that.

This is nothing that never has happened before um so i would you know i applaud things like that but i yes it is it does hurt and that is that leaves a big that's my question mark that hangs over all of the crypto space is will greed will intervention is this is this a a sabotage you know when they put something just uh you know you always talk about putting putting the roach inside the loaf of bread. You know, it's like, hey, they got this great thing, but there's a roach in there. And that's what, you know, these meme coins and other things that, you know, I know people have gotten very wealthy with them. I applaud that.

If you're smart enough to get in and out. But what is the value there? You didn't create anything. And you're not serving a function. know a lot of these mean coin what what function does it serve other than just housing temporary uh fiat dollars to make somebody rich so i'm very skeptical about that i do think that that is that is a danger and could cause an implosion i agree you know i saw right after it happened even before it fell as bad as this uh they had an interview with a guy with a coin bank and he doesn't want to burn his bridges with trump uh because trump is is doing things with him but he was like well

i don't know this is really trying to say everything he could like stay away from this stuff it could could really blow back and give all of crypto a bad reputation but he's not going to directly challenge him on it and you know we talk about using this stuff as as reserve i brought that up to uh david boston yesterday and he said oh he said uh it's just too volatile you know for a reserve he says hey i tell people you want to get into this it's very volatile it's speculative. And you maybe can make a lot of money. You maybe can lose a lot of money in it.

But he goes, do you really want to do that with the nation's reserve? It doesn't really seem to fit as part of a reserve. That's something that is more solid like gold. I see that the Swiss, for their pension fund, their number two investment is gold. So they're going very conservative, and that is something that is going to be a reserve. And when you look at what gold has done over the last year, it has kind of weathered the storm. It's weathered direct attacks on it, as you've pointed out many times. It lost a little bit with the stock market volatility, but I mean, even the stock market is a gigantic bubble, and it got really volatile this week.

And NVIDIA had like a dead cat bounce and then lost money the next day. I don't know where they are today. But when you look at all the stuff that is highly overvalued with that and highly volatile, it's good to have something that is a mixture of that. But let's talk a little bit about, and I've got a couple of comments here as well. Audi, Modern Retro Radio says he thinks that Trump's tariffs are just rhetoric, that his own party will oppose him on it, as you said. You know, he thinks that it's not going to go through. We'll see what happens with all this stuff, but that's one of the reasons why when we have so much uncertainty, so much chaos,

much of it by design, that's why I like the stability of gold. And it's been able to have good returns, amazing returns when you compare it to what they pay you on a savings account in a bank, which is nothing. It's a tiny fraction of 1%. And so by any standard, gold has always, you know, gold that we saw this last year, I don't know what it was, a 25%, 30% increase or something like that. That would be considered to be phenomenal at any other time. But it's only because we're seeing all of these really volatile bubbles all around the place that it looks kind of boring. But people, I think, need to be careful. But whichever way they want to go, you've got the new product now up and running, right, where people can switch out of Bitcoin and into gold or vice versa, right? Tell

us a little bit about that. That's right. You can go to david9.gold when you go to the join Wolfpack. So everything that I'm doing e-commerce wise is on that network. We were able to implement that. I had to have it coded into the site. So you have to go through like when you go through the checkout, if you have Bitcoin and I put out a press release for this, too, we're the first in the nation to take Bitcoin at no fee. We treat Bitcoin as cash. So if you have Bitcoin, it's just like you having a stack full of US fiat dollars in cash. And that's the way that we're going to move forward with the symbiotic relationship

that we have with Wisewolf Bitcoin and Wisewolf Gold and Silver. And a lot of this stuff is still in its infancy. But if you have Bitcoin and you want to turn it into precious metals, you can just either go through the site, through the checkout, and you can do a one-time purchase. We can't do the subscription service with it because that's not how crypto, I can't do an automatic with crypto.

But I can take one-time payments and I can do it via the site. You can contact us. We can send you a Bitcoin wallet and then you can trade that in for gold and silver. Same as cash. And the reason we're doing that is we're going to use the bitcoin network and i would flip that on its head too if you want to buy bitcoin and you you don't know what to do we have a white glove service for that you can go through david knight dot gold and we're going to put a tab on there very soon it'll say buy bitcoin it'll take you to our landing page for that. And myself and my brother, who's been in the Bitcoin space, again, since 2016, he had a very large Bitcoin ATM company. He's helping me with the crypto infrastructure.

And we have all the safety nets and protocols and all the stuff that has taken me forever. I feel like I've been on a slow-moving train. Things take longer than they used to for me, for whatever reason. And I was like, let's get this, this, and this done. And it's like, wow, it's January of 2025. Why did this take so long? But we're there. So, but you know, pretty much without the sites going live for wisewill of Bitcoin in

the next couple of three weeks that way, the landing page will be up, but we are, we're ready to go now. So if you want to invest in Bitcoin, just reach out and go through davidknight.gold. David gets credit for that as well. That's great. And so, yeah, if somebody doesn't know how this is working, you'll hold their hand and you'll use a white glove as you do it, right? Yes.

And walk them through all of this stuff. All right. So davidknight.gold will take you there and you can take a look at these new product offerings. And I really like what you do, Tony, in terms of innovation. Your way may have taken you a long time, but you're still the first one to do it so that's uh that's a great thing that you've got going there and it gives people that opportunity to switch back and forth with a couple of things that are outside of the u.s dollar and uh so um it's going to be interesting to see what happens this next year is the chinese curse that says may you live in interesting times well i think that's where we are.

And so things are going to be moving really, really quickly and moving up and down. And that's how these other guys make their money. That's why they want volatility, because they don't make money when things go sideways. They make money when it goes up and down. And so, you know, if somebody is making a ton of money, that means that, you know, a a lot of these things are somebody lost. Yeah. There's zero sum games. So somebody else is losing it. You start buying when there's blood in the streets, you know, but there's that, that Balzac quote about behind each great fortune lies a

crime. That's probably true. You know, I don't, maybe not for everything that's probably true to some extent. Most places are super rich. And you've got to watch what they do, not what they say. There's so much to watch out there. And I think those who are totally invested in this, they're going to start moving into things that are finite in an infinite fiat world. And that's what we have to remember.

These markets, there's so much that it's an illusion that I want people to be aware of. So we're not going to run out of things to talk about, David. Let's put it that way. I'm sure next week will be different. Yeah, people need to stay frosty and cynical about all this stuff and not become cheerleaders for any politicians or any particular financial instrument,

except gold is still the gold standard. And you've got a program that's going to be following immediately after this today. Is that correct? Yes, sir. 11 a.m. Central Time. Just here on the Vardaburn Radio Transmission on the America Unplugged channel over on Rockfin, Rumble, and my Twitter at Tony Vardaburn. Go find us and we'll be live. Come join the conversation.

That's great. Well, thank you so much for joining. And thank you so much for all the support that you give us. Thank you, Tony. Appreciate it.