The David Knight Show - INTERVIEW SEC Moves Against Coinbase in War Against Crypto
Episode Date: June 7, 2023Coinbase & Binance sued — but not FTX? What's the agenda? Will cash deposits be next target?Tony Arterburn, DavidKnight.gold, joins. Find out more about the show and where you can watch it at Th...eDavidKnightShow.com If 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 through Mail: David Knight POB 994 Kodak, TN 37764 Zelle: @DavidKnightShow@protonmail.com Cash App at: $davidknightshow BTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7 Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silver 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.
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Joining us now is Tony Arterburn with WiseWolf.Gold, but of course he's also set up David Knight Gold that will take you to him and let um, I'll let you know that you came through me.
Always good to talk to Tony.
I said, when we come back, we're going to talk about, uh, artificial intelligence.
And we will talk about that after the interview with Tony, I wasn't looking at the clock.
I didn't realize right up to the time when Tony coming on, but it's always great to have
Tony with us.
Thank you for joining us, Tony.
Oh, always an honor to be here, David.
Well, it is Wednesday and not usually I'm on Thursday.
So it's a, it's an honest mistake. No, no worries at all.
Yeah. I appreciate you shifting your schedule there. We're trying to set up somebody who is, um, um, in a situation where they can't get, uh, you know, the time is, is a little bit difficult for them.
And so instead of having back-to-back interviews, we thought we'd split it around. So I appreciate your flexibility on that. Thank you. Anytime. What do you see happening? We've had a lot of stuff, a lot of moves against Coinbase that people are talking about.
I know that you're not really involved in that.
It's more gold and silver.
And that's one of the reasons why I look at gold and silver more than I look at crypto.
Because it's a complicated system.
If you don't understand it, you can be easily scammed with that.
But, of course, the government has set its sights on taking down all these crypto exchanges,
you know, Binance, Coinbase now with the SEC.
I've seen comments from people like Zero Hedge saying, well, I guess, unlike FTX, they didn't
pay off the right people.
But I think it's a broad-based scheme to take down any competition to their digital crypto,
central bank digital currency.
Well, like any new adoption of a technology,
I remember getting into Bitcoin in 2016 and I look back on those days
and it was like the Wild West compared to now in regulation.
I mean, there was no clear guidelines.
I mean, you could buy a Bitcoin ATM, put it out there,
and you could buy from exchanges but
what happened was that the exchanges themselves wouldn't let you buy from them and then your bank
would kick you out um there was nowhere to Bank there's only like two or three Banks in the U.S
and maybe less now that you can Bank with if you are a even a small crypto exchange that's right
so the regulations have become uh so overbearing that only the top companies can compete.
I think that's always the plan is to make it one or two exchanges, you know, where the rich can buy into it and they can control it with the government.
And of course, that defeats all the purpose of crypto.
Crypto is supposed to be the people's currency.
And it's been like everything else that gets hijacked.
I think what you're watching now is the picking of winners and losers when they're going after these exchange
and make it to where you can't get into the business i mean i sold my bitcoin atms because
it's just the regulations so over the top and the big companies david they put in like 25 000
atms in like six months uh over uh 2021 into 2022 and just completely saturated the market.
Nobody's making money there, which is another thing.
That's one of those things that happens when the new technology adoption, that they'll just be able to sustain losses because they're propped up by giant venture capital and multinationals.
So unfortunately, that space for the small entrepreneur is harder and harder to get into
and you let them work out all the stuff with the sec i know coinbase's uh ceo is talking about this
is unsustainable and you know on american know what they're doing um and it is um but again i
think some of those big companies they're gonna i think the sec was gonna seize some of binance's
u.s assets uh here uh shortly so it's not looking good for the exchanges.
But if you look at the price of Bitcoin, it's staying pretty steady.
So it's kind of outside of this, which is interesting to watch.
Yeah.
And as you said before, what they're busy doing is cutting off the entrance ramps and
the exit ramps to it.
And yet it looks like they may be doing that even with cash. I just saw an
interview that was, uh, with a guy, uh, Hugh Henry, and he was saying, uh, the probability
that they're going to put restrictions on the amount of cash that you can take out arising
significantly, because again, they're creating all these, uh, there's bank panics, there's liquidity
issues, and we could see this start to multiply.
And so they might do that as a defensive means, but they might start restricting cash withdrawals as well.
You know, when you look at the kind of financial problems that they have created, and I suspect
most of these, if not all of them, are deliberate because they want to have a financial crisis
because they want to completely reset the financial system.
And so shutting down crypto is just one aspect of it.
And when you look at Binance that you mentioned, they're coming after their domestic assets,
their foreign country, a company.
And so they started putting in the proposing this legislation that, hey, we're going to put, you know,
massive fines against you if you deal with a company that
is prohibited, and we're going to escalate that up. What was it, $100,000, a million dollars,
or something like that? It's a million. Yeah, a million. Just absurd. And that was a real tell
that they were coming after the crypto industry, that this didn't have anything to do with anything
other than shutting down crypto because of that massive fine.
And if you try to use a VPN to hide the fact that you're dealing with them,
they're going to get you with a million-dollar fine.
So this is the type of thing.
They really are actively trying to restrict our financial choices to one thing,
just like they did with the vaccine during that lockdown.
We could be looking at a kind of financial lockdown coming up.
No, you're absolutely right.
Some banks are having you make appointments to get cash.
They're putting limits on cash, telling you it's not available.
Luckily, I think you find that more in the larger banks,
in these branches that these national banks have.
I bank with two regional banks, and they've been great with me on cash,
except for the fact that they don't like my deposits.
You know, they start going, why are you?
Because if I'm gone for a week in Texas and I come back to Branson,
I'm in Texas right now.
If I go back to Branson and my crew there has deposits for the week,
and I'm going, they're not going to like this, you know.
They always want to know where the cash comes from so yeah it's it's an issue and uh again cash is outside of a
monitoring system most of the time uh unless you're you know you go over the ten thousand dollar mark
so the government doesn't like that it doesn't like crypto um again it doesn't like gold or
silver either uh there hasn't been much as much scrutiny yet on precious metals market, but I
assume that's coming with de-dollarization. I think that's inevitable as people start to get
out of banks and get into precious metals as well. I'm seeing an uptick in that. I think there's
going to be a top down. I think there'll be a push to regulate gold and silver heavily.
You know, it's kind of interesting with all this happening at the same time they're coming after a former part owner of the Vikings.
They said it was a cryptocurrency scam hitting him with a $700 million fine.
So when I look at that, Tony, I see, first of all, this is a huge fine.
I don't know what he did to get that. at something that is almost equivalent of the kind of fines that they were handing out to HSBC or to JP Morgan
when they would involve themselves in money laundering for drug cartels and other organs.
They would get slightly over a billion dollars or something as a fine.
They're giving this guy nearly a billion dollar fine.
I don't know what that was involved in.
But I think part of this is to have a poster child to scare people about how they're going to come after
anyone dealing with cryptocurrency. I don't know if he is, I don't know. Well, he has been found
guilty. They sentenced him to six years in prison and $700 million cryptocurrency scam. But I think
that you see these types of big penalties out there publicized. It's the same type of stuff
that the IRS typically would do around April the 15th. You know, they find a penalties out there publicized is the same type of stuff that the IRS typically would do
around April the 15th. You know, they find a celebrity out there to nail them to the wall
so that everybody could go, Oh, you know, here's your poster child for, uh, uh, anybody doesn't
comply with our regulations. Yeah. Well, they, I mean, they're going to make an example of anyone
that's outside of their system. Like if it's, if you're not welcome to the party, if it's a,
it's a big club and you ain't in it, you didn't get
in the door, you're going to
get the scrutiny. I think that's inevitable,
especially with crypto.
That space, I think
that window is closing
for innovation because they're just capturing
it, just like they did the dot-com, David.
If you look at the close of the
20th century going to the 21st, you have the dot-com
bubble. In that chaos, a lot of the smaller venture capitalists were bought up by the big companies.
And now you see a regulated internet.
I think that's always the goal with new tech.
The pioneers go in and create the new spaces and have the ideas.
And then these soulless automaton bankers come in and just make everything boring and regulated.
And that's why, again, I'm in the gold and silver business, but still think that Bitcoin is interesting because it's one of those things, it's still outside of the system.
Its origin story is one of mystery because there's really no way to know who Satoshi Nakamoto was or if that was a series of people or a group of people, whatever it is.
And you have this technology that it's not a company and it's not a country.
Every other crypto tracks back to someone.
There's got to be an off switch.
You know, I'm not a tech guy, but I know that there's some way to kill the system.
Bitcoin, I don't think that there is.
And that's why I think you look at the headlines, and I typed in and kind of did a search on Bitcoin before the show here.
And it was like, well, Bitcoin's price is steady, even with the SEC and Binance and all the regulations and all the things that are going on.
They're still ticking along.
So there's something to that.
It's still the decentralized system.
There's something to that.
That's right.
And as some people pointed out on Twitter, look,
the corrupt SEC will sue Binance and Coinbase, but not FTX.
And even Zero Hedge pointed that out as well.
And their own version said,
I guess they didn't pay off the right people
or get involved in the right politics
with that kind of stuff.
It is amazing to see this.
It's just an example of how corrupt
and biased our legal system is.
The unequal application of these rules
as they try to drag us down with ever more rules, kind of
attaching themselves like barnacles to everything that we do, you know, as
you pointed out first, everything is free when it's first graded and then
these barnacles of regulations start attaching themselves to us till they
pull us to the bottom.
Well, I know they're picking winners and losers.
They're going to need a whole new, uh, building seven to, to demolish, to get
rid of these records or whatever they're doing right now.
Maybe an alien invasion.
Who knows what is the alien invasion?
Yeah.
I, I, I think, I think you're watching this role towards the
central bank digital currency.
Still, this is, you know, the fifth generational warfare they're running
this, uh, this op trying to, to make-ramp unavailable. The de-dollarization
that's inevitable, it's coming. You look at China just added 16 more tons of gold.
They're leading the way. Every central bank around the world is talking about
dumping their dollar holdings. You're talking about 40 to 50% loss of dollar holdings in the
next five years is what's estimated, David. So that trend is happening. In that chaos,
I think what we need to be aware of is they're going to be pushing for the central bank digital
currency in this when they'll look like this will be the alternative. If you'll download their
wallet, we can stop inflation. We can house value. You just got to be tied to this biometrically and get your ID tied to this.
And we can control the money supply in real time.
We can expand it.
We can contrast it.
And that will be the problem reaction solution.
They'll be putting this in as the fail safe.
And that's what I think all of this chaos is stemming from.
And again, I think it's the control demolition.
Yeah, the WHO is saying, well, we're going to use the European Union's health ID that
they came up with.
And I think we've seen all these different global IDs, and they were tied with a pandemic.
They were all essentially the same thing.
It was just who was going to get the contract to actually build the app.
You had the World Economic Forum proposed it quite some time ago,
Common Pass for the common people I talk about all the time.
But the EU had their own implementation of it.
They've already got a couple of billion people on it.
So, of course, the World Health Organization is going to go to that.
But you have all these different things that are happening that are not unrelated.
They all converge to a single point.
And we can see where that is going.
And the CBDC is part of that.
As I've said, that's really the fastest way for us to get there.
But it's not the only way to get there.
And so we've got to get something that is outside of the system
as they're trying to cut everything down.
You even got the senator from Tennessee here, Senator Bill Hagerty,
said the SEC is weaponizing their role to kill an industry,
allowing a company to list publicly,
and then stonewalling their attempts to register is indefensible.
And, of course, they have done that.
They've denied, the Federal Reserve has denied the on-ramps and the off-ramps to some of these
companies that wanted to get in there. He said, so expect to hear from Congress. And I said, well,
it'd be nice if you'd do something besides doing dog and pony show hearings. You know,
you understand we've got regulation without representation. You guys have abdicated your
authority. They pass these rules,
pretend that they're not laws, but then act as if they are laws. But they have that pretense there
so that they can avoid all the due process. They can take stuff from you without you being convicted.
They can get you with excessive fines. And yet there's no help at all coming from the Senate.
I just don't, you know, that's one of the reasons why we have to make these preparations ourselves
and provide for our future individually and then collectively within our community,
as opposed to getting so focused on what is happening in Washington.
I'm still waiting for the constitutional amendment that makes the Federal Reserve legal.
Yeah. I think Congress is just a little bit behind. They may not have noticed the Christmas
Eve 1913. They got this abomination known as the Federal Reserve Bank.
You're absolutely right, David.
No help's coming from Washington.
The hope that we have is on the state and local level.
You know, Tennessee looking at their bullion bank, looking to make gold and silver legal tender.
Texas, you know, again, I um the current the currency they wanted to do
the digital currency backed by gold they don't like states in the business of currency but you
know you could be on the right track people are paying attention and it's going to come from the
state level it's going to come from the individual level decentralized currency and we've just gotten
so used to you know modern amer modern America is through the Federal Reserve.
I mean, the fiat currency system built this reality.
So if you're looking around and you see all the fake, it comes from fake money.
Fake news, fake politicians, fake wars all stems from the fake fiat currency system in the central bank known as the Federal Reserve.
So I'm just looking at local, David.
There's no hope in Washington. Yeah. Yeah. And you look at this. It's been there for 110 years, Federal Reserve. So I'm just looking at local, David, there's no hope in Washington.
Yeah. Yeah. And you look at this, it's been there for 110 years, Federal Reserve Act.
But again, an act by Congress that is unconstitutional is no law. And yet they did
it with the Gun Control Act in the 1960s, and they did it with its Federal Reserve Act.
And the thing stays there. And, you know, people treat it
as if it is some kind of an amendment to the Constitution or the Supreme Court gives them a
pass. Oh, OK, well, they've all changed the Constitution. They don't even bother with the
Constitution anymore. And now the bad thing about it is they're not just having these unconstitutional
acts that are put together by Congress, whether it's about guns or whether it's about the central
bank or the Federal Reserve, which but they put these things together. Now
that's all just been kicked over to the regulatory agencies and they don't even bother with that
anymore. So now we have everything that's done by executive order or by the regulatory agencies
that are under, under the president, under the executive, uh, it's, uh, rapidly deteriorating,
isn't it? This empire that's coming apart at the
seams yeah the the banality of evil you know it's just this boring series of bureaucrats with
typewriters and that's one of the worst things that could happen to you in history and that's
you know layers upon layers of bureaucracy and their rules david they're not laws they're rules
so you really can't escape you can't what is your trial by jury you have to waive everything just to
to uh you know be a part of this system.
And again,
that's what I talk to people about on my show.
Whenever I'm talking about crypto or gold or silver,
it's like,
you know,
this,
those things like gold and silver are a bet against the current system.
Yeah.
You know,
I'm betting,
I'm betting against this system with everything I have,
because I don't think it's not headed to prosperity.
It's not headed towards more freedom and Liberty.
Uh, it's not headed towards peace.
This is a war driven evil system.
That's taking us to, you know, if it had, it has its way, it's going to take
us to Armageddon and economic collapse.
I'm betting against it with everything I have.
That's right.
So what do we see happening in the metals markets right now?
What, what do you see, uh, you see this last week since we last talked?
Well, there's been some upticks in gold.
You know, there's reports that you see that they have, I don't know how they measure this,
but they say, well, it's a strong dollar.
The dollar is really strong.
So gold's under $2,000.
You know, it's uptick.
I think it's about $12 over yesterday's trading.
It's close to $1, 1970 uh in the yellow metal but again what's driving the price
of gold in my opinion is the central banks that's the biggest story is the central banks around the
world keep adding gold reserves and last year was the biggest year on record since the 1950s since
they started counting like looking at this these statistics since Bretton Woods. This year is on track to
somewhat close, but I looked at the article this morning, the Chinese continue to add more and more
gold reserves. This is going to be the trend, and it's just the beginning. And you see the end of
the dollar is the world's hegemon for currency. That's going to mean some drastic changes for us
here in the United States, economically, politically, socially, everything. that's going to mean some drastic changes for us here in the United States,
economically, politically, socially, everything. It's going to be tied back to that loss of the
world's reserve currency. There's nothing you can do really to stop it. I think if they're running
the scenarios, if they're running the simulations, David, they have to be looking at, could a war
help us? And that might be why we have no off ramps for peace with Ukraine and Russia.
You know, that's just the first time in modern history where there has not been a summit.
There has not been any peace talks.
There's no ideas of peace coming from any of the Western leaders.
So that may be why.
Yeah, absolutely.
It was Martin Armstrong, and he ran his socrates program
said that about a year ago it's like they need to save the dollar the west needs world war three
i hope that that's wrong uh but i think that's the only way to really prop it back up i mean
because it's it is really the bottoms coming out of this uh the dollar right now well as
gerald always says when everything else fails i take you to war. And we've seen that, and we've seen that with smaller wars.
But, of course, with the fourth turning, which we're in the middle of, and that's all tied in with their 2030 deadline, we have seen these different fourth turnings always have some kind of massive economic chaos and almost always accompanied by a really, really big war. And so that's the big one that's coming because of this big financial crisis
that is worldwide.
I think it'll be a worldwide war that is going to be part of this fourth turning.
All the indications are that that's going to happen.
I really do think that will be a part of this.
And we're only seven years away from their deadline.
And it seemed to me like they wanted to have their society in place, you know,
torn down and, um, in place by 2030.
So we're probably even closer to this stuff than we realize.
Yeah.
Well, you know, in order to build back better, you have to destroy it.
Yeah.
Whatever has to be built back better has to be destroyed in the first place.
I think we got that message, you know, all the presidential candidates and the left were running into i remember 2019 going into 2020 that
you had people like beto uh saying well we've only got 11 years science says we only have 11 i'm
thinking well in 11 years it's 20 30. they all said the same thing it's only only got 11 years
um you know now they're only going to say we got seven years. Everything is about, is about 2030. They put, they're definitely putting a, a timeline on this goal, you know, and everything's
lining up to that.
You talk about all the little players, the WHO, the UN, the world bank, you know, the,
all the, the, the, the great reset Davos, the world economic forum.
They all talk about that, that timeline.
And, uh, you know, one of the things
that the World Economic Forum commercial back in 2016 said, the first thing they say in that
commercial is, uh, imagine the world where the U S is not the lone superpower. Right. And again,
that imagine that world imagine by 2030, so that they're working to make that happen.
Yeah, that's right. Maybe the slogan, you know, if the 2020 election was a build back better,
maybe the 2024 slogan is going to be tear down faster because we're getting
closer to our deadline here.
So we gotta,
we gotta tear it down faster.
It'll like me.
I can tear it down faster than the other guy can.
That's maybe the pitch they're making in the back room.
So these guys would be financing them.
I can tear it down faster than he can.
Uh,
we've got Jason Barker here saying,
uh,
look at the paper to actual gold and silver ratios of prices
artificially being held down.
Now banks are grabbing up metals at the reduced rates.
Yeah.
What do they know that we don't?
What'd you answer?
That's the key.
Well,
Jason Barker is paying attention because what's happening in,
and this is a theory, right. from us metals of precious metals analysts it's a theory but i think it holds a lot of water that the giant banks are buying up the physical they have a vested interest
in keeping the price down you look at somebody like and by the way these some of these banks
are felons like jp morgan uh you know Morgan. They've been convicted of price manipulation in
the silver market, who knew? But they actually, and I've said this before, and again, nobody can
really confirm it, but it's estimated it's about for every physical ounce of silver in the real
world that exists, it'll get traded 240 times in the paper market. So I think silver is one of those things. I read an article today on
the market news, a market insider, and it had a chart of what happened to silver from the 1940s.
And silver was about 35 cents an ounce in the night after World War II. And we had the same
kind of spike in the debt to GDP ratio, David, is about 120% back then, right after World War II. They
raised interest rates. So over the arc of the 1940s to 1980, it went from 35 cents to $50 an
ounce in 1980. And again, $50 an ounce in 1980 is about like $250 today. It's something in purchasing power.
And you haven't,
you know that you were, you were around.
And,
and again,
that's the,
I was born in 79.
So I look at the purchasing power of the dollar and the waning of that.
Well,
we've had low interest rates from the eighties,
the nineties going into the tooth,
that really low interest rates and massive creation of debt,
mass and massive currency creation in that time, David silver has just been flat. You know, it's been like creation of debt, massive currency creation. In that time, David, silver has just been flat.
It's one of those investments a lot of people complain about.
Silver never goes anywhere.
I hear that all the time.
I bought in at 20-something.
It went down again.
I think that those days are coming to an end.
This article, and it was, again, Market Insider building alpha and this it says that look at the
price of silver from the 40s from the rise of interest rates and look at what they're doing
in the same time frame now and with the loss of you know the dollar is the world's reserve currency
again you look at 50 silver in 1980 right now you can on the spot price for paper it's 24.
you're probably going to pay somewhere around 29 an ounce in the
real world for retail silver there's a five dollar premium but still you're still under the 30 mark
in 2023 what's happened to the dollar since 1980 i think silver is one of those investments and
again i'm not giving investment advice but it's one of those places to park your money that it
could be really interesting and i i would advise people to go take a look at these charts that I'm mentioning.
So these economic storms might have a silver lining then, is what you're saying.
They can manipulate this stuff in so many different ways.
And that's the key.
You know, when you look at it, and like we talked about when you were on last week,
look at their production of silver has been flat.
The demand is going through the ceiling, especially with all the solar stuff that they're pushing so hard for.
I mean, it just doesn't add up that it wouldn't, you know, that it could stay at this point.
It's just beggar's belief.
But, of course, you know, when we look at all this stuff, there's so much manipulation.
One of the things we're talking about Coinbase, one person put out and said, well, you know, something kind of interesting happened.
And he has a list of all the different transactions, talking about insider trading and knowing in advance where this kind of stuff is going to go.
And it was a Twitter website called Unusual Whales, or account, not a website.
Anyway, he says, this is unusual.
Yesterday, somebody opened up a new coin, $50 weekly puts for $107,000.
They were 19% over the market, expired in four days after they bought it.
But then today, the SEC sued Coinbase, and those positions are up by nearly 2,572%. Who knew? So it turns this investment of
$100,000 into millions of dollars. Somebody always knows, he said. And that's the case.
You know, there's just so much insider trading, so much corruption in Washington.
You know, who knew that this was going, that they were going to hammer them with a lawsuit? And this is the same
type of thing that's happening, as you're pointing out, the big banks, the manipulation of every
market, whether it's a stock market, the gold, silver market, or certainly the crypto type of
stuff. These people know what they're going to do from a regulatory standpoint, from a legislative
standpoint. They trade on this. This is how Pelosi and her family became multimillionaires.
But, of course, that's just one of them.
They all do it to some extent or the other.
And this is one of the things that we can do in terms.
That's why I like the gold and silver because it's not just private,
but it's real money.
It has real value.
And if you've got the physical stuff,
they can manipulate the price of
it relative to the dollar because they're manipulating the dollar and all the other
markets, but it's still got intrinsic value. And we see this happening over centuries,
how it is maintained that approximate value in real goods.
Yes. And in the face of what's happening to our markets, to our economy, the cancer that is ESG, environmental social would help people understand the modern world but this the they've infected our markets and
really if you're looking at this this monstrosity that you know you go back to like you know my my
dads are uh entrepreneurs and investors and you know wall street you know that you know the michael
douglas movie that come came out with gordon gecko like we can't really do that anymore it's not about profit they're not looking for you
know winning they're just looking for their connections to the central bank and so that to
me is a dead space when i see somebody like anheuser-busch losing billions but they don't
really do anything about it people say well you go, you go woke, you go broke. No, you don't.
No, they even did it.
These companies aren't going broke.
As they're crashing, it was either them or it was Target
that gave another $200 million to some LGBT cause.
They really don't care.
They don't care what the consumers think,
and they don't care what is happening even to their stock price.
They've got a different agenda that's out there,
and it's not about a marketplace
at all.
Right.
And that's, let me go back to your point.
I mean, when you're for gold and silver, when I've got a holding a gold coin in
my hand, that's energy, that's work.
That is a, it's a manifestation of work and value, you know, in one place.
And I, and again, there's no, there's no counterparty risk.
I don't have this in an account somewhere else.
It's not a stock, you know, it's in an account somewhere else. It's not a stock.
It's not tied to Wall Street.
It's not tied to ESG.
So I've got that in my hand.
Is it the best investment ever?
I don't know.
I'm not an investment person.
I know that gold and silver are money.
That's what they are.
If you ask me, I got asked yesterday, I was on a financial podcast.
If you had $150,000, what would you do with it?
I said, well, I was on a financial podcast. It's if you had 150,000, what would you do with it? I said, well, I'd turn it into metals. If I didn't know anything else, I just turned it into metals because that to me is cash. If I've got gold, it's liquid to me.
I know that as a dealer and people can figure this out too, but you can turn gold into currency of
wherever you are in the world. It's a universal metal known around the world. So, um,
I'm betting on that system, David, um, it's, you know,
Robert Kiyosaki from rich dad, poor dad calls it God's money.
Cause it's in the earth and it's finite. It'll be here after we're gone.
Maybe the aliens will pick it up. I don't know. We'll have to ask Tucker.
Yeah. Maybe that's why they're here.
I wonder if they found any gold and silver on those crap, right?
Meltdown bleep blorps control panel.
Sorry, what you were saying about the rich and the powerful always aligned with the communists and everything made me instantly think of Lenin and that train with $10 million of gold.
They put him on that in Switzerland and sent him back in to start the Russian Revolution.
They gave him $10 million worth of gold in 1917.
Can you imagine what that's worth today?
Did the same thing with Trotsky.
He was a newspaper reporter in New York.
And I'll often tell the story about Paul Warburg.
He was the inspiration for Daddy Warbucks and Little Orphan Annie.
And Paul Warburg was the first head of the Federal reserve. He was a Rothschilds agent and a banker.
Um, his brother, Max Warburg was the head of the central bank
in Germany during world war one.
So the same central bank, it's, you know, they're supposed to be our mortal enemy.
And they're the other one that put Lennon on the sealed train car and
send them into Russia with all the gold.
So yeah, it's, it's, it's the same.
I mean, history, uh, does it repeat, but it rhymes, right?
Yeah, it certainly is strange.
Well, tell us a little bit about what's going on at, at wise Wolf, uh, about the Wolfpack
or anything else that you've got going on there.
We're just growing.
I I've got, uh, setting up supply chains.
That's one of the reasons I'm here in Denison.
I've been buying product here and then, uh, transferring it transferring it back to Branson so I can fuel Wolfpack. And that's our monthly membership.
You can also buy direct through DavidKnight.Gold. And we have no minimum. It's one of the reasons I
set this business up. I wasn't treated fairly a lot of times when I wanted to buy gold and silver.
A lot of dealers want to know what you know. And it's kind of like a magic trick i don't do that um i'm
going to educate whether you're buying 20 or 200 000 from me i'm going to treat you the same uh so
you can go to david knight dot gold and go direct if you want to buy but we have the membership
program it's not the way that they can support your show and i've not mentioned this anywhere
else i did it last week we had a really good uh turnout for it but i'm i i bought into i don't know how
many i have but it's a lot of silver dollars the peace dollars and morgan silver dollars in great
condition i've got them at the shop in branson if you sign up for wolfpack you're going to get
and this is for david knight listeners only you're going to get a free silver that's like a 40 value
some of them are worth more than i don't look at the dates much anymore i don't have time for coin collecting but there's some great silver dollars in there in great
condition so if you join wolfpack and pretty much everybody who joined last week has already got
their silver dollar but that's a promotion that we're running just for david knight listeners
right now so go to david knight dot gold and hit join wolfpack check it out uh it's gonna ship
right after your credit card bills we don't have much of a lag time at all.
You'll get a tracking number sent to your inbox or texted to you.
We also have great deals going on.
Uh, there's a flash sale for gold right now too.
David says check with gold had gone up the last couple of days.
We got some great prices over on the, on the website.
So, uh, go check that out as well.
That's great.
Well, thanks for doing that.
And again, uh, just to restate that a free silver dollar, if you sign up for
Wolfpack, uh, through, uh, davidknight.gold, I appreciate you doing that
for our listeners, uh, and for helping this program. I really do appreciate it. Thanks
for coming on, Tony. Always great talking to you. Talking to you, David. Thank you.
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