The David Knight Show - INTERVIEW Gold & Silver in Shaky Markets; KY Gov Defies Legislature to Tax Gold

Episode Date: August 8, 2024

Tony Arterburn, DavidKnight.goldWhat happened to gold and silver in Monday's big dip, and whyKentucky Governor defies the legislature and Attorney General and directs the state to continue sales tax on gold & silver.  Does he have the authority?Will a Fed interest rate solve anything?Will Feds attempt to confiscate gold in the future?  Would they be successful?And updates on what's coming to Wise WolfFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

all right welcome back and joining us now is tony arteman always great to talk to tony about what is happening with financial markets and what is happening with gold and silver and it's been a pretty busy week with a lot of stuff here tony has wise wolf gold as regular listeners know and you can get there with davidknight.gold will take you to tony arteman's wise wolf gold you can get gold and silver you can get small quantities large quantities and if you want to you can start accumulating it on a regular basis from just small amounts like you know fifty dollars a month and uh but you still get the benefits of a large buying group. It calls that Wolfpack.

And I think that really does tie in to where I want to start today, Tony. And that is the comments from this Kentucky governor, Andy Beshear, who said, well, I'm not going to honor the law that was just passed by the Kentucky legislature. I'm going to still charge sales tax on gold and silver in Kentucky, because if you own gold, you can afford to pay tax. That's right. If you own gold, you can afford to pay sales tax. These people are delusional. He's definitely against the tide of history. As a matter of fact, around the world, it's not generally wealthy people who have gold. As a matter of fact, the country of India is on track to import about 750 tons of gold this year.

And let's also look at the chart for the central bank buying. That was a little over 1,000. So all the central banks in the world bought a little over 1,000 tons. The country of India itself is going to do 750 tons. It's mostly for family and lineage, and they pass that on, and even people on the lower economic strata. So sorry, Kentucky governor. Gold is not just for the rich.

Well, you know, Andy Beshear was one of the worst COVID tyrants that was out there, and I was absolutely astounded and disappointed that he got re-elected a democrat in a state that uh typically is predominantly uh republican but i when i looked at uh what this guy's got going for him and of course he was on the initial list of vp candidates for lala harris uh he is a uh he is a very nice guy you know just like this tim waltz guy he appears to be a very very nice guy and he's very concerned and he feels your pain with all this other kind of stuff and then he comes out and he says something like you're not allowed to have gold unless you're rich it's like it's so counter to uh what the public image of this guy is and we we dodged a

bullet i guess uh with him him not becoming vice president. But he truly is a demagogue. And that's the way these people get in. They put people there that have a very nice persona, and then they have the most authoritarian, totalitarian policies you can imagine. Yeah, that's the way they like to deliver it. And I was just, while you were mentioning that i was trying to think of the presidential uh vice presidential candidate for hillary in 2016

what was that guy's name he was from virginia he's kind of unforgettable but he had that same kind of nice guy in disguise you know i'm talking about yeah i think it was tim kaine i think kane that's what it was yeah again i should know that uh be so forgettable that's like they're interchangeable i think that same kind of uh placated nice guy yeah the bland socialist next door the neighbor who will turn you in on a snitch hotline right those nice guys they're really nice guy you know until they turn you into this fuzzy um but i think it was interesting his rationale on this and if you look at what happened with the law there they had first introduced a bill a single bill uh that was going to get rid of the sales tax and then what they did was they rolled it into an omnibus bill and so then he said when

he signed the bill he says i'm doing a line item veto on this sales tax thing and i still want to collect sales tax and he quoted the constitution but the constitution clearly says that the governor shall have the power to disapprove any part or parts of appropriation bills which is a spending bill uh this however does not uh the power does not exist for revenue bills so this is a revenue issue but it was put into an omnibus bill which at the top of it says something about appropriation so they into this gray area as you know is it fish or fowl is it appropriations is it revenue he's trying to exploit that the legislature is pushing back against him the attorney general is pushing back against him and the people who get left in the lurch are people like you uh you know do i collect the sales tax or not and and so what they're saying is the gold dealers are saying

well we got to collect that until we get a definitive answer you know so well and it's also going to ensure that there's no gold dealers there who's going to set up in kentucky who's going to actually set up in the physical state of kentucky and conduct business who's going to invest infrastructure there um i can promise you you will go bankrupt there you cannot operate a business uh for gold and silver a gold and silver exchange a professional one anyway i mean you might be able to do one off the books or you might be able to just do pawn shop rates or something like that maybe but uh no i mean it's one of the reasons when i left san antonio i was going up to the ozarks i chose missouri because missouri had recently uh

done away with their sales tax on bullion that's why i have a shop in branson so you can't survive there and it's it'd be interesting to know what the motivation of this is whether or not uh he's being funded by outside sources who want to bring this up to a higher court to see if these states have the ability to do this or maybe there's a uh you know setting the pathway for a nationwide sales tax on bullion i don't know maybe that's a very interesting way for that that's a very interesting point who's behind this because you know it's not that much money for the state of Kentucky. It isn't going to it's even more ludicrous than this desire to not only keep an income tax in general when the government's got a thirty five trillion dollar deficit. They want to keep the income tax.

They want to make the IRS seven times bigger. And both Republicans and the democrats want it mike johnson is all on with that you know making a you know adding another 80 000 irs agents and all the rest of the stuff so they want to keep that income tax there uh as a means of control as a you know to take away discretionary income whatever they want to keep that there and so you're right and that's a very important point you made who is behind this and what purpose, because it's clearly isn't something that the state of Kentucky has to have. Yeah.

Yeah. Well, gold is an enemy to the establishment. And especially since Gerald Ford in 1974 made it legal for you to own gold. We kind of forget that. I mean, from 1933 to 1974, it was illegal for you to own gold bullion.

It was basically, and it was called anti-hoarding whatever that means but fdr made it illegal for you to own gold and a lot of people were supposed to turn in their their pre-1933 gold coins uh there's a whole bunch of people that didn't because i buy them all the time um but again that that's the reminder of what gold is and a lot of people that i'm in both the crypto and the precious metals space, a lot of people in Bitcoin think that Bitcoin is completely private and it's going to demonetize gold. But I saw a story the other day, there was some Chinese nationals here illegally got pulled over in Texas and East Texas on a traffic stop. And they had $250,000 of gold bullion with them, not accounted for. And they were arrested and charged with money laundering.

I don't know what the specifics were, but it just kind of goes to show you like, if you've got gold, I mean, you're, again, it's not traceable. Where did you buy it from? There's no way to really tell. And again, gold is still outside the system. It's, you know, in many ways,

a store of wealth that is not in a bank. It is peer to peer, but it is also in the physical realm. So the establishment certainly hates that. Yeah, you know, and that follows the tradition of all the civil asset forfeiture, where they would pull somebody over, they find some cash, they just steal it. They might have a dog there to sniff the drugs. And of course, you know, a lot of people would uh the bills to roll them up and just to sniff drugs you can't do that with a gold bar so maybe they can't they can't sniff on the gold bars and find

anything but hey we'll just take it and say that it's got to be money laundering uh we don't know where this stuff came from but um i imagine they'll do the civil asset number on these people it's just amazing how we have uh given the power of government to just rob people on the highway it amounts to they don't have any evidence of any criminal activity but they're going to steal 250 000 in gold maybe they just come from costco i don't know what's funny because when i read the article i kind of shrugged i'm like that's not a lot of gold it's not it's not that big of a deal i don't know what it was what was the problem i was like i was trying to find anything else that was you know that was a red flag and i was thinking you got 250 000 of gold and it sounds like a normal

day to me well you know the problem is is that uh these people want it uh that's right that's all that's necessary they want your car they want your cash they want your home or whatever and they'll come up with the flimsiest excuse and they'll be able to keep it uh let's talk a little bit about the markets uh last week and of course oh not last week but um on monday seemed like a week ago uh the short and short and deep dip that then started our, you know, coming back by the end of the day. Uh, most of the markets here in the U S are down a two and a half to three and a half percent, uh, some of the, the big tech stocks like Nvidia down by 5%, uh, gold

dropped, uh, about that much now in Japan, they had a 13% drop in the market, and that was kind of telegraphed over the weekend as well by a drop in Bitcoin, I think, in Japan. Bitcoin went down 20%, but then by the end of that day, it had recovered about half of that, but it still wound up that day down by 10%, and gold went down. And so Michael Meharry has an article that's up on

zero hedge said so what happened to gold and he had a very interesting uh point about he said well when you have these markets are dipping like this a lot of people have gold as a hedge and so they cash it in so they can meet these calls that they have on it uh you know what do you think about uh this this market we're being told that the thing that's going to save everything save us all is if only the federal reserve would lower interest rates is that going to save us i think that's going to be the the match that lights the uh rocket that we're that gold is setting on well there's no good answers here yeah for the establishment uh financial order there's no good answers here i mean they got here because of uh money printing uh you're getting out of thin air and liquidity

a cheap cheap fiat currency matter of fact the bank of japan is the last major central bank to stop qe you know also known as quantitative easing or in other words money printing uh they've had they've been doing that with zero interest rates and uh for gosh what 20 we just froze there plus running qe experiment the last the last major central bank to be doing the qe was the bank of japan and they just basically cut everything in half just prior to this uh little crash that we had so again it's all about liquidity and most so much was based on fake. And Michael Meharry is absolutely right. When you, when you see a pullback in the markets, those who have positions in gold will sell off those positions to cover margin, which is a buying opportunity for everybody else. It's the first thing I, the first,

when I saw what happened, when I saw the red, I just went over into the trading floor and I locked in some little gram bars about three or four sheets of the hundred because i saw when i when i thought well this is about the place where it's going to bottom and then there'll be some buying there'll be some recovery i thought right about that is where i'm going to go buy some some inventory for wolfpack i the market's like i saw bitcoin hit 50 000 and i hold bitcoin and we're about to launch a wise wolf bitcoin and uh it's going to be kind of in conjunction what we do with wolf pack and what we do with our our everyday orders when i saw that uh i went and put a a buy position on because i'm like okay good because it's if

people panic though because it it's like if it's not going up and to the right then it's you know going down forever and that's's just not how any of this works. As a matter of fact, if you look at the global markets, and this is what I'm starting, I'm starting to look more macro, David, even though if you thought I was macro before, I'm going to get more macro. Because if you look at the actual financial markets, it's estimated between like half a quadrillion and a quadrillion. That's like as far as all the currency, all the sovereign wealth funds, everything everything and then if you look at the actual real assets it's a tiny portion of what all of this supposed wealth is so i'm not worried i'm not worried about what you know because i'm in

the business of finite i'm in the business of real i i like of course especially precious metals because you know that's the one thing that cryptocurrency can never do is exist in the third dimension, like where you can actually hold it in your hand. I love by the way, I love crypto. But I think that there's something about gold or silver that really, I think, is a true safe haven, a hedge against all of this turmoil and all this uncertainty and really all the fake. We just have no idea how much fake is built into this system. I mean, Michael Meharry also put out a great article this week on the real estate market in New York. And one example of a UBS building that they bought in New York City and rehabbed,

and then they can't rent it out. I mean, like Gerald Salente has been talking about for years about the commercial real estate market. I think we're just starting to see the shock waves coming out of that. All of the capital that's been infused and things that can't be supported anymore. So where does all of that, where does all that debt go? Where does all that leverage go? I think that's what we're looking at the markets. They're just not healthy. The markets are not healthy. They're not built on anything sound.

Yeah. Earlier this week, I talked about that because there were, uh, there was questions about how the banks are reporting these bad loans or these loans that are going to go bad. And it's like, so when do we, when do we determine that this loan is bad? And, you know, and, and at what point do we put this on our balance sheets? And they said, they've been able under these new rules to kind of sweep it under the rug and so it is this big looming thing that is hanging over everybody's heads it's going to cause a lot of banks to go out of business and one of the reasons why they're so heavily into commercial real estate is because of people like elizabeth warren who's out there demanding that the fix to all this stuff is going to be for the Federal Reserve to lower interest rates.

And along with her was Paul Krugman this week. There was an article on Mises.org saying a federal rate cut is not going to solve our economic problems. And it's kind of interesting when they were talking about the impact of lowering the interest rates and and the residential real estate market they said you know a lot of people are locked and they they can't you know sell their house or buy a house because interest rates are so high they said if you look at the spread the spread is way bigger than it has been in the past and they said it's because there are so many so fewer banks that are doing residential mortgages now that's why they got into commercial real estate was because of the consumer financial protection board that elizabeth warren

is so proud of creating it created all this red tape so they they got into commercial real estate now they're they're really screwed it's amazing uh well the the residential housing market so much of it is a lifeline to this uh consumer economy that's why you see you know blackrock and vanguard buying up these massive swaths of residential real estate i think obviously that's also has to do with uh controlling behavior as larry fink said a couple of years ago, I'm going to continue to remind people about that. Larry Fink talked about this, you know, creating an environment where they can control behavior through finances. And that's, again, something that BlackRock's doing, buying residential real estate. Everything in our economy now is tied to debt creation. It's tied to currency

creation. When you swipe your credit card, that's currency creation. It creates currency. Same thing with when you buy a home. That's not fractional reserve banking. The banker doesn't go and look on the ledger and look at the balance and say, okay, we got a million dollars to lend in reserve, so we're going to loan you this money for this home. No, they're going to go to the central bank. They're going to create currency. When that starts slowing down, everything else starts coming apart and that's liquidity. But when you, when they also have to deal with inflation, cause they know what they did, you know, you talk about the massive amount of trillions being pumped into the market.

And you and I discussed this long before COVID 1984, long before the first quarter of 2020, we were talking about what the federal reserve was doing with the overnight markets, the repos. We're talking somewhere around $6 trillion is estimated as a currency creation they put into the overnights. And that's just the Federal Reserve Bank. That's not counting all of the other banks around the world that were doing the same thing in their own home markets. So currency creation to prop up the credit system itself. This is long before the first quarter of 2020. So you've got a massive debt bubble. Currency creation is off the charts, estimated since 1979, 52 times more currency on earth. What does that mean? Well,

it means you have more and more currency, less and less purchasing power, and that bleeds into everything else. It's not that things are more expensive. It's that your currency, less and less purchasing power, and that bleeds into everything else. It's not that things are more expensive. It's that your currency buys less. The home isn't necessarily worth more. Some real estate markets go up. Yes, especially when there's a limited amount of land and construction, but most of the time, it's just a representation of inflation. So if you can't move your home, there's a reason because there's not a lot of liquidity in the market and that has to do with interest rates. And again, that will affect home prices. It's systemic. It's an everything. Once you cross that Rubicon, once

you become a central planning system of currency creation from the Federal Reserve level, you cannot escape it because there's nothing sound in it. I agree. I agree. And I've got some questions here from people on Rockfin. Jason Barker says, can you ask Tony, if gold and silver ETFs, you know, the paper metals, if that comes with a capital gains tax? I would assume so, yes.

It trades like a stock. So, yeah. so, yes. It's like a stock. It trades like a stock. Well, sure. You would have a capital gains loss or a short-term or long-term loss, just like if you were trading a stock. Same thing. If you buy something for $500 and sell it for $750, you technically have a capital gain.

That's just how that works. And if you bought it for $500 and you sold it for $400, you had a capital loss. That's pretty much how that works. And if you've bought it for 500 and you sold it for 400, you had a capital loss. That's pretty much how that works. On Rockfin, Rational Lampooner says, please ask Tony, do you expect the government to outlaw gold again and silver too once fiat dollar and DC crashes? He says, I bet they will. Wouldn't put it past them. Yeah. It's always on the table.

Even, you know, communist governments, they say they don't like gold. Well, they go always on the table uh even you know communist governments they say they don't like gold well they go and get the gold that's the first thing they go they go and get uh whenever they take they take control if you look at history uh they'll tear a country apart looking for the gold even say they don't want it of course they do that's always the goal that's always the goal is to get the gold um fdr did it and of course most people don't know um i think that was a plan for a long time. They put that gold and they gave it to the Bank of International Settlements. That's where most of it went into Basel, Switzerland after the gold was turned into the Fed, because the Fed in

and of itself is an international banking cartel, has nothing to do. It's not federal and it's not yours. You don't own it. So these work for international banking uh that's that's where it went so it's it's again it's always on the table i find it unlikely though i don't think it's as likely because we're not on a gold standard and then i that always begs the question for me a lot of people ask me should we be on a gold standard and i just kind of look now and i think why is the government in the currency business and we don't need them i mean i know why they are it's control but let's that's just a good question to ask when you have and we have standard markets and we have what the technology we have now peer-to-peer and private institutions can do a

way better job uh at uh cross-border payments and peer-to-peer payments and all of that stuff than than the government can and the government knows that so. So it's hard to say whether or not they'll pull that trigger. They'll become just a confiscating system for your wealth. Always on the table, though. Well, as you point out, they did it once before, but people didn't turn in those coins. You're buying and selling all the time. And if we look at the drug war, for example,

seems to me like drugs have been prohibited for 51 years. Is there any shortage of drugs? Are people able to get drugs? I'm not in that economy as a user or provider of any of this stuff. But I can say that, you know, I guess one thing we could learn from some of the drug people is how to hide your stuff. That's the key thing. If you're good at hiding your stuff they're not going to find it and there's a lot of drugs that are out there that are being transacted all the time that they're not able to control that with prohibition they couldn't control alcohol with

prohibition they can't control any of these drugs and they're not going to be able to control guns if they prohibit them they're not going to be able to control gold if they prohibit it either it's going to be a massive black market and it's just going to be people going to have to get their game up in terms of you know how to operate in a black market how to operate without being seen that type of thing well there's a lot of people in the bitcoin space that believe that bitcoin mining equipment will be seized by the united states government even with all the talk right now of trump and bobby kennedy talking about using bitcoin as a strategic reserve and all the rest there's still people in the bitcoin space max max kaiser especially says that the the u.s government will seize

people will flee to el salvador i don't that's it everybody is looking right we're we're seeing the lurch towards totalitarianism and the mentality too go back to that con that story with kentucky in the sales tax. There's a lot of people in the establishment that, you know, if they're in love with this old system, they're in love with the fiat system and who butters their bread, they're going to hate gold. They're going to hate Bitcoin. I mean, I kind of, I think that that kind of shines through only, well, if you can afford gold, you can afford to pay a sales tax. That's just stupid. That means that you have no business in your state for gold and silver, that nobody's going to do business there that it's not that you're going to you know get more revenue you're going to make nothing yeah uh nobody in their right mind is

going to transact business there they know that though this is you know again this is not going to be an easy war because we have a lot of a lot of uh miles left to go to educate people our neighbors our family on what money is and what wealth is and how this whole system works. And I agree. I'm not taking a day off. I learn something new every day. When you look at the arrogance of that statement from Andy Beshear, the governor of Kentucky, and he's somebody that they're going to promote. And again, as you're pointing out, there's got to be somebody behind him to do that. The arrogance to say, well, if you got gold, you can afford to pay the tax. Well, you could say that about anything. You got a house,

you can afford to pay the tax. You got a could say that about anything. You've got a house, you can afford to pay the tax. You've got a car, you can pay the tax. And on and on. You shouldn't own anything, as a matter of fact. I guess that's where maybe those are the people behind Andy Beshear. You will own nothing. You'll eat the bugs. On Rumble, Audi, Modern Retro Radio. Good to see you there. He says, Trump's attendance at the Bitcoin conference in nashville was enough for me to avoid bitcoin now i was not i was not thrilled i i booked my tickets a long time before i heard trump was going to attend and like i said last week i think he was literally just reading stuff for the first

time it was kind of funny when he uh talked about the market cap of silver you know being in the clips by Bitcoin at one time he said oh wow you know like he just like the first time he'd ever seen that I'm not so I wasn't so worried about there was it's beyond politics at this point I think it's beyond all of that I think we're it's something interesting to watch I'm not putting all my eggs in that basket but I do do think it's interesting way for people to go peer-to-peer and because it's limited because there's only you know again in theory 21 million bitcoin probably a lot less probably more like 15. uh at this point with all the millions that were lost and then whatever's in satoshi's wallet doesn't move so i i still think that there's a there's something there to bitcoin that can be used for good well you know it's kind of like the tiktok stuff you know trump was all against it until jeff yass gave him some money and even

steve bannon said yes yass coin that's what he's doing so now he's all about tiktok well he had a lot of people that gave him money for bitcoin so now he's all about bitcoin he's just a prostitute he'll sign up for whoever pays him and that that's what he said, you know, when people called him about, you know, giving money to Hillary Clinton or giving money to Lala Harris. He said, well, you know, that's what I have to do. That's part of my business. In other words, I'm buying favors from them. So now he wants to be a politician so he can sell the favors and make money from it.

On Rockfin, Amos Poole, thank you very much. I appreciate that and on rumble atomic dog does tony know why silver has dropped over 10 from last month the man going down or just normal profit taking what do you think i think it's just normal profit taking and we're still up against massive amount of of interference in these markets. I've talked about many times. I mean, they're not gonna let go of their death grip on accumulation.

Just look at who's accumulating. That's another thing. Quietly, central banks are buying up gold. They're not telling you to do that. You think they're gonna signal to you to buy it up? You think that, let's look at the Bitcoin story. When Bitcoin went to 50,000, BlackRock started quietly buying up massive amounts of Bitcoin.

Most of the big buyers in the whales were gobbling up more Bitcoin. Same thing with silver. They love to see these numbers. Right now is not the time that the largest holders of silver want to see $50 silver or $60 silver. They don't want to see it. As I've mentioned many times, and look at the military industrial complexes uses of silver, 500 ounces of silver in each Tomahawk missile.

You realize the profit that will get cut into, that will be taken out of their balance sheets if silver is reevaluated. And again, look at the deficits. There was a 200 million ounce deficit last year for above ground silver. Yeah. Like 200 million. And then before that hundred, like 180 million ounces, it's continuing to be deficit after

deficit, after deficit each year that won't stand. So if you're seeing these numbers right now, it's just an absolute blessing. I, when I saw a silver, I see it go down a bit. I go great because I'm holding for the long, and I'm going to buy some more. Well, and you know, when Michael Meharry was talking about, well, why did gold go down? And like you said, you know, well, you look at a lot of people holding it as kind of an insurance,

and so they get a call on their stocks that are going down, so they cash in the gold. And so he says it's typical to see at the beginning of a recession or a market drop that you're going to see a drop in the price of gold but it'll recover uh through that uh thing and so he says some of the same stuff is there his opinion was that some of the same factors are there with uh with silver people using it as a hedge you know metal that they can hedge against their stocks but he said in, in addition to that, he said, if you look at silver, because as you're pointing out, it's a lot of economic uses.

Now, of course, the military industrial complex doesn't care, but there's a lot of industrial uses for it. We've just had one of the biggest solar and oldest solar panel companies go bankrupt in California, and solar panels use a tremendous amount of silver. But if they're looking at it and they're concerned that we're going to go into recession, even if that hasn't taken effect yet on the supply of silver, they're concerned that they're not going to use as much silver. So that's another thing that may be driving it.

But he points out, he says, as far as silver goes an economic downturn would temper industrial demand but silver is fundamentally a monetary metal tends to track with gold over time and it has historically outperformed gold and a gold bull market for example during the pandemic gold increased by about 40 percent while silver increased by 141 percent so again you know we we can look at trends and we can look at past history, but we can't really predict where things are going. I just, on Monday, when I saw crypto go down, and I get these alerts from Cash App, and it'll tell me gold just went down 5%. It went down another 5%. And then I say, gold's up 5% and all this kind of stuff.

And I said, yeah, it's a roller coaster. Like I've said many times, I'm too old to roll, ride roller coasters, whether they're at Dollywood or in the New York Stock Exchange. I just don't, I don't do roller coasters anymore, but it's, it's been very volatile. All these different markets have. I think it's just a fortuitous, something that's, you know, past this prologue. We're looking at, uh, I think a roller coaster ride all the way up until the end of this decade and beyond. I mean, it's only going to get weirder. That's a good point.

We're living in weird times. Tim Walsh started that. All the people to project the idea of weird. But these are weird times. Maybe you live in weird times. Maybe you live in weird times with your eyeliner. Yeah, exactly. Itends on your background. Yeah, that's interesting.

The battle of the weird vice presidential nominees for 2024. Yeah, that whole thing about J.D. Vance and eyeliner, I saw a mainstream media thing. It said, yeah, the left has got the trannies, but then on the right, you got the guy who's painting his skin orange and his vice president's wearing eyeliner. You know, that's the kind of time that we're living in. Everything, David, everything is a funhouse mirror version of its former self. As far as the economy, politics, whatever your wheelhouse has been, I don't know what to make of it other than i just look at history and say hey you know this is part of it and we're only getting into um more choppy uh waters so just you know just get used to it yeah yeah storms are coming uh so what is happening anything other than tell us a little bit about your the bitcoin atm stuff and anything else that's going on

at wise wolf you know when I was getting on the way back from Nashville and I have contacts in the crypto space and I just said, you know, I'm going to do something with Bitcoin and WiseWolf. And we, you know, I came out of the, from the first Bitcoin ATMs in 2016. So I just had some experience in the space and I said, I think I think I'm going to bring back something with that. And it's not necessarily going to be ATMs, but we are going to be able to have a platform where you can buy and sell Bitcoin with me. And then one of the things we are going to do, and it's not officially launched yet, we're going to accept Bitcoin as payment for like Wolfpack and other things that

are like one time buys and for goldens for physical precious metals but there's going to be a twist to that so i want to announce that though uh maybe next week and i'm working on the all the you should see the stack of paperwork i got to get through just to legally do this but uh yeah if you did atms back a few years ago since you've been in it i mean they've just been ramping up reporting requirements and all this kind of stuff as, as a way to do a soft prohibition, you know? Right.

It's harder and harder. I most likely won't do the ATMs, but I've got my two locations and then we're going to be a clearinghouse for, for major crypto, especially Bitcoin. So I'll be next week or so I'll do an announcement. I think it'll be great for Wolfpack members,

people that are dealing with us. It'll give you a, you know, an extra, extra way to pay and an extra way to you know another avenue for to hedge against uh geopolitical uncertainty and inflation well that's really good yeah so people will be looking for that and of course um you know as you point out um the uh the wolfpack is still there uh are you going to do anything in a Wolfpack type of way with Bitcoin? Yes, sir. Oh, okay. Yeah, we're going to have an accumulation type membership, and I'll do different tiers.

Okay. So that'll be another thing that we'll announce, and we'll help people who have no experience there. And I'll be able to house it for them or put it in cold storage, all that kind of stuff. That's great. That's great that's great well it's always great having you on tony and um uh it's uh like you said we're living in interesting times and i think probably weird times is the best way to describe it everything like really getting strange uh so it's always good to have something that is solid and uh that's that's what i like about the gold and silver is that it's um it's not weird it's uh traditional and uh and it's physical and all this

other kind of stuff so that's that's a good thing to have as a uh a foundation that's there uh thank you so much for all you do to support the program and again folks you can go to wise wolf through david knight dot gold and that lets tony Tony know that you're coming through through this show. So thank you very much. And I'll be I'll be live on on Rockfin on the America Unplugged channel and my Twitter at Tony Arterburn here just in the next 54 minutes. Good, good. All right. So follow Tony directly follows this program.

Thank you so much, Tony. I really do appreciate it....of biased and false news has become all too common on social media. More alarmingly, some media outlets publish the same things that we are true without checking facts first. Unfortunately, some members of the media use their platforms to push their own personal bias and agenda to control exactly what people think. And this is extremely dangerous to our democracy. This is extremely dangerous to our democracy. This is extremely dangerous to our democracy. This is extremely dangerous to our democracy.

This is extremely dangerous to our democracy. This is extremely dangerous to our democracy. This is extremely dangerous to our democracy. This is extremely dangerous to our democracy. This is extremely dangerous to our democracy. This is extremely dangerous to our democracy. Break free from the usual script with The David Knight Show, a fresh perspective bringing you genuine insights on current events. But if the show is going to stay on the air, we'll need your continued support.

Sharing the show, subscribing, and even just hitting the like button all help. And if you found our show helpful, please consider donating and becoming a part of a community that values the truth. Because independent, listener-funded news, untouched by corporate globalist agendas, is extremely important to our liberties.