The David Knight Show - INTERVIEW Tony Arterburn — Market Mania - Reaction vs Reality

Episode Date: November 7, 2024

Tony Arterburn, DavidKnight.gold joinsBitcoin and Stocks hit ATH post-electionGold & Silver have modest corrections from their recent ATHWhat is the basis of the euphoria? What is the reality?Mon...ey 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-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 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.

Transcript
Discussion (0)
Starting point is 00:00:00 and joining us now is tony artaban of wise wolf gold tony has given me a website david knight dot gold isn't that great to have a dot gold website after your name and if you go there that'll take you to wise wolf gold you can get gold silver you can join wolf pack and you can gradually save and average out your dollar costs. And so we're going to talk about what has happened in the wake of the election. We've had a lot of big moves in the stock market, the crypto market, gold and silver, that type of thing. And yet, has anything fundamentally changed? Joining us now is Tony Arterman.
Starting point is 00:00:40 Thank you for joining us, Tony. Always great to be here, David. It's crazy what we've seen. We had the stock market Dow Jones went up 1500 points to a record high after Trump won the election. You know, we saw before this. I remember Drudge trying to make a case that Lala was going to win. And he said, well, here's there's one outlier. You know, even though all the CEOs and all the editors of these liberal newspapers are running away from Lala and running to Trump, he said the stock market is doing really well. So that says that those in power, they anticipate this to continue.
Starting point is 00:01:16 So that usually means that you're going to have the incumbent win. Well, she wasn't the incumbent. Trump was more of an incumbent. And so they're looking at this and they're thinking that this is going to be good for Wall Street. Tell us a little bit about your perspective on the stock market thing before we get into crypto and gold and silver. Well, sure. Well, I want to say from last week when we spoke and prior to the election wanted to discuss the outcomes, whether it was a Harris win or a Trump win. And today I get to know how it feels to be gerald cilente all the
Starting point is 00:01:46 time because i called it lastly here's the headline on kitco trump's victory spurs bitcoin surge to 76 000 all-time high uh stock in the stock rally while gold and silver tumble and that's what i said i thought would happen if uh if it was a trump selection there would be a downturn in the precious metals markets temporarily. Because what that is, it's nothing unsound about the fundamentals of that market or that it's overpriced. It's people selling off their positions to get into cash and then buy into the stock market. And because it's a psychological threshold that was crossed with a Trump victory, because it signals a lot of things that are going
Starting point is 00:02:25 to be different than in a Harris administration. And again, it may not even be policy, but it's the perceived changes. And that's what's going on. It's all psychological. I mean, Trump's not president. He has no he cannot affect policy. And that's it. I mean, that's, that's just a, it's a psychological move. And plus, what he's discussed with Bitcoin is what, you know, the Nashville conference that I attended, and RFK Jr. being, you know, in the periphery of his administration, that's driving that as well. But fundamentals, David, this, again, there's what you can get very wealthy uh dabbling in stocks um you know there's many examples of that and i know people that do i don't get into that side of the business because i don't believe that their projections of profits or their what they show equals wealth um you know because
Starting point is 00:03:20 they can always paper over it that's the thing about stocks you can always increase the amount of shares just like you can with the fiat currency. And so much of that, I mean, is hidden, you know, like the people that held Lehman stock or Enron or something like that, or WorldCom. I mean, they got burned and it looks good on, you know, temporarily, but again, it's, it follows these, these trends that aren't necessarily built on anything. It's just a perceived value. And that's what happened after the Trump win on Tuesday. Yeah, I got burned very bad in the stock market with a dot-com crash.
Starting point is 00:03:54 I looked at it. It's like, well, I'm not betting on any of these companies. It really is a bet. But I thought, well, I'll go with the real big manufacturers of switching circuitry because we know that internet's going to be there, right? But they all went down. I mean, Intel, everybody went down. You know, it wasn't pet.com that went down. It was everybody crashed because they built up the expectations.
Starting point is 00:04:14 We're going to see the same thing happening with AI, I think, as well. But yeah, it is a betting market. And we saw one of these whales that was betting on the election. And I think he put in like like 50 million and he made like a 25 million dollar profit or whatever uh but it is a it is a bet and that's really kind of what these guys are doing it's kind of the same thing that this whale did uh to make a lot of money and and it's kind of the the madness of crowds and this kind of contagion that is going through there because i think tony what are they kind of betting on well they're kind of betting on that trump is going to lower taxes and he's going to
Starting point is 00:04:48 do this and he's going to do that and what's going to happen with that that's going to be um feeding the deficit more it's going to be more inflation right so you know that's uh when you look at the inflation stuff it's really uh the hedge against that is not necessarily the the goal of the stock market the hedge is really gold against that is not necessarily the goal of the stock market. The hedge is really gold against that type of inflation or crypto, if you look at it that way. And I think the crypto thing that you went to the Nashville conference, as you pointed out, where Trump was there and RFK Jr. was there, and they were talking about crypto and the fact that maybe we'll even have some of that as keeping
Starting point is 00:05:26 that in reserve, have the federal government buying that. So I think that's a big part of what is happening to crypto right now. Well, I think the big story really is what Larry Fink of BlackRock wants. I mean, really, at the end of the day, the most successful ETF launch in history was BlackRock's Bitcoin ETF. I talked about that right in January when it was announced it was going to go through. And I said, now watch the price of Bitcoin. I think Bitcoin was $35,000 or $37,000, whatever it was back in January. And I said, this is going to change the game because now you've got these big institutional players. It at least accelerated the timeline for Bitcoin.
Starting point is 00:06:03 Anybody who's been in Bitcoin a long time knows that bitcoin will stand on its own but if you really want to drive the price and drive scarcity that's what you'll do so i really think that those you know proposals maybe not so much from rfk jr but from trump or those are coming from other places those aren't coming from trump's mind i remember when he was uh talking in nashville it's like he was reading it for the first time because when he come across the uh he said and bitcoin finally surpassed the uh the uh market cap of silver and he goes wow like he's like i read it the first time uh i don't think i don't think his mind is on bitcoin but uh definitely there's a lot of people backing him that have showed him you know what what they plan to do uh i don't oppose
Starting point is 00:06:45 that i mean if as long as you can still hold your private wallet private keys all the rest of that now i don't recommend buying etfs but i think that's really to get to the point that's the the fundamentals behind what's driving uh this perceived you know a shift in what the administration uh the you know the the friendliness uh to bitcoin as you've seen like the biden administration was totally anti-crypto and as a matter of fact the trump administration wasn't very friendly either um you know the previous one i think i think though with this new new proposals and what's been discussed in nashville um there's a there's a lot that's going to happen in bitcoin that's's something to watch. But again,
Starting point is 00:07:25 it's not coming from policy necessarily as it's coming from BlackRock. And that is a big, significant difference between the two of them. And that is their attitude towards crypto. As you pointed out, they were not friendly towards crypto in the Trump administration. And you had Jared Kushner and Steve Mnuchin start to talk about how they're going to do central bank digital currency. Of course, that's a competitor to crypto. And then with the Democrats, they went full-on war. And we're going to stop this. We're going to intimidate people.
Starting point is 00:07:55 Don't make yourself an exchange for people to get in or out of this. And you're going to shut your bank down if you get into this type of thing. I mean, it was already full-on war and it was going to accelerate and so when trump took the opposite approach and then when he wins that is a you know really juicing this thing at this point in time as i look at the cbdc um the the western countries especially the five eyes the, the U.S., U.K., Canada, New Zealand, Australia, have pulled back on their push for CBDC. I think they're not giving up on it. I think they're just trying to do it by stealth,
Starting point is 00:08:33 and I think they're going to outsource this. And I would not be surprised if they do something like I played yesterday, a clip from Elon Musk. He said, I think I can make half of the world's financial system. It's exactly the same type of thing that Zuckerberg was trying to plot with Libra, except I think Musk is smarter about it. And he might actually be used by them to put in a de facto central bank digital currency, digital money, global IDs and stuff like that for a while.
Starting point is 00:09:04 And then after people get acclimated to it, then they can just take it over. I don't know. But that's kind of the path that I see happening with that. What do you think? I think you're right. I think it'll come through corporations. And now that we have, you know, kind of a clear view forward, we don't we're no longer in the election process. It is interesting, you step back and you you wonder you know these cbdc plans you know that they were going full tilt towards that and how do you get there i mean you have in order to build something back better you have to destroy it first i mean i look at what they what they've done not doing anything about the petrodollar weaponizing the dollar all around the world just
Starting point is 00:09:38 i mean the ubiquitous sanctions and going full tilt into that even though when it's hurting uh you know dollar utilization and increasing de-dollarization worldwide, it just made me think, okay, you've got a plan here. We're going to destroy the dollar and people are going to beg for something different or something stable. And that would be a central bank digital currency. And you could get your credits loaded up, but you just give your biometric data and all the rest and you sign up for this new wallet. So that's what I was thinking. I not sure now i mean you may be right this with the um the corporation links and uh you know the silicon valley uh paypal mafia link to this new
Starting point is 00:10:15 administration we have to watch that very closely the the technocracy uh really knows no party and then that's that's the cue here is they they don't uh they don't recognize party and they use both the you know establishment parties the duopoly for their own end so that's what we still have to be very cautious about that and the timeline may have changed a bit but it's still coming cbdc will be a reality um you know the world economic forum wasn't wrong 97 of countries have adopted uh some some form of a plan for central bank digital currencies. So, yeah, there's a this is a change for sure. This this result on the election is going to change some things.
Starting point is 00:10:55 But ultimately, all that's still on the table. D dollarization still on the table, David. Every all the fundamentals that people forget. Trump printed 40 percent of all the dollars ever made. It was Biden said, hold my beer, and he doubled it. I mean, so I see, you know, again, we have a history, we already know what a Trump administration looks like. And, you know, when he ran in 2015, 2016, he ran against the stock market. He ran against the Federal Reserve.
Starting point is 00:11:21 He said, we got to audit that. We got to look into that. And, you know, it was vague, but he ran against it. He said, we got to audit that. We got to look into that. And, and he, you know, it was, it was vague, but he ran against it. He said, the stock market's a bubble. And then when he was elected, he said, look, greatest stock market of all time. That's right. You know, and I think that's the issue is that the stock market's built off of debt and its ties to the central bank and how much liquidity it can get. And that, you know, the lowering of interest rates, which is inflation, all of that is inflationary. And I think Trump will push more of that. I mean, that's that's it'll look good on paper. You might your 401k might look good for a little while. But the fundamentals of that is
Starting point is 00:11:54 that the currency is losing value. And I don't think that these companies are sound. A lot of them that are that are seeing these rallies right now. Oh, I agree. Yeah, that's the difference between the approach of the two. You know, the Democrats will come on you straight ahead, right? And so Biden, back in 2022, he's saying, okay, I want everybody in the swamp, you know, everybody that's all the agencies that are under the executive branch,
Starting point is 00:12:18 one of these four areas, going to redesign the financial system. We're going to figure out how law enforcement is going to force it on people. We are going to write the code and we're going to redesign the financial system. We're going to figure out how law enforcement is going to force it on people. We are going to write the code, and we're going to tell people how we're going to do it to save the environment, right? And then all of a sudden, you know, they look at AI, and it's like, oh, wait a minute. We've got to think about number four. You know, we're going to have to pivot a little bit here because this energy thing is not working out for us.
Starting point is 00:12:43 And then they realize that people know what they're going to pull, and so they're going to step it back, and they're going to do it iteratively, as Fauci said, right? Step by step. And that's the danger of the Republican approach. They always get this stuff in. You know, the people will say, oh, we've got a Republican president now, so I'm not going to buy any guns.
Starting point is 00:13:01 And so they stop buying guns. When a Democrat gets in, they buy the guns. And then it's the Republican who comes in and says, we're going to take the guns and do the due process later. We're going to start doing gun control by executive order. So they always run this stuff in. Sometimes it's a frontal attack. Sometimes it's just in the, you know, they get people's trust,
Starting point is 00:13:19 and they exploit that trust and get people to go to sleep. And that's the key thing. That's why I want people to realize that this agenda that they've got is not going away. And none of the fundamentals, as you were talking about, in terms of deficit and money creation and all the rest of the stuff, de-dollarization, none of that is changing under Trump any differently than it would have been under Biden, except that people are going to be kind of pacified and not really paying attention as much because it's going to be coming from trump i think yeah well count me out of being pacified on any of that stuff i i i did i pretty much saw what was going to come and it's
Starting point is 00:13:56 this uh rally in the stock market gold and silver uh take a dive for a bit but it all comes back it'll come back because the fundamentals are still there there's something wrong with our currency there's something wrong with our policy uh you know and if there is a massive change to see change geopolitically by the trump administration that could move things but i don't see that happening i mean you're you know the personnel is policy last time he hired everybody who didn't vote for him. So I don't know. I mean, will he bring some sort of ease from the tensions geopolitically with things like Russia and Ukraine? Will he actually stop that?
Starting point is 00:14:33 Will he slow down our accelerated path to World War III? I hope so. I hope I'm wrong. But I think, again, central banks are buying gold at a record pace. That will continue because the dollar is losing purchasing power and in order in order for the government to function david i mean all these plans all these things that they want to do neither candidate in this election ran on
Starting point is 00:14:55 fiscal responsibility or balancing the budget or anything that would have been talked about in the 1990s that would have been out front by the way in the 1990s and They would have been out front, by the way, in the 1990s, and they would have shown the debt clock and everything else. They stopped doing that a long time ago because the numbers are so bad. It gives up the game. I mean, they literally, if you have a brain at all, if you're paying attention, you go, well, those numbers aren't sustainable. Well, no, they're not. And so it will stop. Eventually, you will have to be. And that's why they float these terms like reset financial reset worldwide. That's what these banks, folks, that's what it's not because they necessarily think that they're going to be a wealthier country. It's because they want to have a functioning country. These central banks are buying gold because they're going to re denominate all of their currencies in gold. That's what they're doing. They're going to reset all these balance sheets and stuff that's been held over since. By the way, a lot of the gold that's held in these balance sheets is marked at $35 an ounce. It never moved because that was the way it was at Bretton Woods in 1944.
Starting point is 00:15:59 A lot of these countries never rebalanced it and never revalued it. And a lot of that's what all this stuff with the BR is for for their cross-border payments what they're doing is they're not setting up a unified currency they're setting up a way for all of them to trade uh currencies against their gold across their borders and for trade that's really what this is the dollar the dollar is already lost you know when the bank of international settlements uh gave the gave gold uh you know tier one uh reserve asset status uh i think it was only a few years ago that was massive because that not had it only been currencies and gold got listed and now it's supplanted uh the euro it's as number two number one is is the dollar for most held reserve asset.
Starting point is 00:16:46 Those days are just passing. And I think a lot of these countries, especially the ones, the central banks that are buying the most gold, see that. And that's what's going to change. Again, the dollar, a Trump victory, a Harris victory, the dollar has been damaged. It's mortally wounded. And it's going to have to change in form it has to um just based off of uh again the debasement and larry fink blackrock says it doesn't make any difference between the two of them right he said uh you know for what we're
Starting point is 00:17:15 doing it doesn't make any difference he knows that it's not going to make any difference and you know when you look at when everything starts to crash and we've got all these different derivatives and we've got etfs and all the rest is this, you know, what does it go back to? It's got to go back to something real. Well, you know, you can look at things like land, but it's hard for most of us to own the land outright. And of course, with property taxes, you never will. Gold, you're not going to, you know, you can actually own that outright, you know. And so it's a different perspective. And, of course, somebody that's really bearish on all of this stuff. I think that's where the people who are looking at gold are not seeing a very bright path ahead for the financial aspects of this. I've got a couple of comments.
Starting point is 00:17:59 Audi Modern Retro Radio says, Tony's Wise Wolf customer service is excellent. I had to switch credit cards. I re-enrolled using David Knight's promo link, and Tony handled it quickly. Well, thank you for letting us know. And then, For Love of the Road, thank you for the tip. He says, please ask Tony if he plans on getting involved with a Bitcoin IRA like he has with a Precious Metals IRA. Hope he gets that Wolfpack Bitcoin up soon.
Starting point is 00:18:24 He says, loading, trucking, ATM. I'll listen later, though. So, yeah. What do you think? That's a great question. There are some good products out there that are Bitcoin IRAs. We get so busy with the gold and silver IRAs, I haven't thought even to link those up. That most likely will be an option, though, if we find some way, just like we've done with New Direction Trusts,
Starting point is 00:18:47 that's an option. And we will have the Wise Wolf Bitcoin will be operational soon. This kind of stuff, I tell you, the more regulations that they have, it's harder and harder to do any kind of startups. And you have to have a certain type of banks and it takes forever.
Starting point is 00:19:02 So with my schedule, it takes three times, four times as much as it used to take me because i can't devote much brain power to it i have to like put it in the morning and i look at it so we'll do one thing two things and maybe you know get to something later and that's where i am with wise will bitcoin but by the end of the year we will be functional and we can see that we can see just how much they have ramped up all these know your customer rules and all the rest of this stuff you know because uh on rockfin when people give us a tip they convert it into their own cryptocurrency or whatever and then i gotta hop out of that i've gotta hop into ethereum and then from ethereum
Starting point is 00:19:34 into a dollar type of thing and and to have to deal with um you know these these exchanges the regulations that are coming out of washington to to shut that down, essentially, with rules and regulations. I can't imagine what it's like to be a dealer and have to deal with that. I mean, you've got to be a big corporation, really, to try to jump through these hoops. Maybe that will change under a Trump administration. If they're friendly to crypto, one of the key things that they should do is start removing all of these arbitrary regulations that have been put into kind of de facto shut it down, I think. Yeah. Well, I think that is a big difference. You know,
Starting point is 00:20:13 we talk about the duopoly and most things are the same, whether it's left or right paradigm. I totally agree with that. But in this instance, and I think, again, the reason it's so stark contrast is because of things like BlackRock, Larry Fink. There's with the ETFs, again, with Bitcoin, that's what's primarily driving this policy change. BlackRock is going to get their return. They made a bet on Bitcoin. They're going to get their return. think with the just the fundamentals of everything that came out of the the biden administration and elizabeth warren and the you know they're useful tools against things that are anything free market so that's just you know nobody would believe them it'd be like you know it's the reason that lbj and
Starting point is 00:20:57 jfk could have never opened china but nixon could you know because he was anti-communist you know so it's like the perceived free market you know advocate as that you people perceive trump as but i don't um you know we know he's a you know so many crony capitalist moves or eminent domain stuff that you and i would never do but he's come along and and back this and uh for good or ill i think and i think for bitcoin and people that are private holders of bitcoin or understand this is going to be a this is the bull market this is going to be this is life-changing you know again if he follows through even if he's 30 40 percent into what he said um you know what some of the things that were discussed in nashville david were you know
Starting point is 00:21:40 rfk jr saying that if if he was, he would have the he would order the Treasury to buy like 500 Bitcoin a day until it reached 20% of the world's reserves, just like we supposedly have 20% of the world's gold reserves. We don't, by the way, spoiler alert, we don't have that. But that's what he said that he would do as president. And of course, Trump came and had a lot less specific policy rolled out. But he did mention a strategic reserve asset and that he would not move the current bitcoin that was held over from seizures like silk road and things like that but i need to give that back to ross ulbrich when you let him out hopefully he'll let him out but yeah they just had a bitcoin policy institute just put out a 53 page report about setting up a strategic bitcoin reserve exactly what they were talking about at that conference
Starting point is 00:22:29 yeah that's right there's a there was a move made after trump uh announced that too by the administration kind of answering him they sold off a big chunk of the Bitcoin that it already held because he said he was going to hold it. I don't know if you followed that. So there was a difference. And this may be like one of the most underlying differences, glaring ones that actually existed between the two candidates. And I think moving forward, it's going to be Bitcoin is in a bull market now and will continue indefinitely. I i mean you might see some pullback um and i don't i'm not giving investment advice but if you don't know about bitcoin and you take a look at the fundamentals here really it's about how much supply is there and it's not what
Starting point is 00:23:16 you mean it's not a heavy supply yeah i mean especially with the inflows they're doing in these etfs um and they're just buying it up in massive quantities. So something to watch there. I think the Bitcoin market continues to be bullish. Gold and silver will continue to do what they do. It just won't be as fast. I mean, I think that some of the things that were driving the price of gold and silver, gold especially under the Biden administration, was just there was no moves made economically to help anything to bolster the uh the strength of the u.s economy i mean we saw moves like just depleting the
Starting point is 00:23:53 the strategic uh petroleum reserves and then not refilling stuff like that who's at war with us it's like looting the treasury yeah yes yeah but you know one thing that's not going to change i see this headline from kitco can the u.s survive its debt the doom loop trap and golden future golden dollars future under trump that's that's the you know with this debt that trump escalated is really a doom loop and i fully expect for him to do that as well uh this time. I think he's going to do exactly the same type of thing. And so, you know, I think, first of all, the debt is crushing and it's going to continue once he changed the slope at which it was increasing. Biden kept that going. And I think Trump is going to do that again, if not set it on a whole new trajectory, a steeper slope. And so I think that doom loop is a trap.
Starting point is 00:24:46 And I think that the debt thing is not going to change regardless of, you know, Trump coming in. None of that's going to change. It may actually get worse. It may actually get worse that. Yes. And again, because, you know, Trump is looking to reform or so-called reform. I think what you're going to see is just a lot of bipartisanship and other things. The government got bigger under Trump. I mean, there was a huge amount of spending increase,
Starting point is 00:25:14 and especially with COVID-1984, it really remains to be seen. He's not a fiscal hawk. He doesn't see it that way. And his rhetoric has always been that he leverages through debt, and that's what the U.S. economy is built off of. I would love to see some jobs coming back. You know, if he's going to be strategic about tariffs or anything. Again, we'll just see if it's on the table. We don't know what's going to happen yet. I just have the past to be my guide. I know what four years of the Trump administration looked like prior, you know, 2017 to 2021. So I know that.
Starting point is 00:25:44 And that's what I'll be going off of. And there was a massive increases in spending, uh, the, you know, the debt, uh, continued to, to balloon, um, maybe a little bit of, uh, deregulation, but, uh, again, um, the fundamentals of creating a sound economy just weren't there. So I'm going to, I'm going to see that, you know, again, there's a boon in the stock market. It's temporary. And the precious metals markets, which gold and silver are money, they're going to continue to strengthen, and they're going to continue to grow in value. Or if you want to say value, it's really the loss of purchasing power of the dollar.
Starting point is 00:26:17 The dollar will continue to lose purchasing power because that's built into a fake fiat currency. Yes, yes. And I think a lesson for all of us is take a look at what is happening in China, for example. They had this Potemkin wealth. They built all these Potemkin villages everywhere, Potemkin skyscrapers. And a lot of people became paper billionaires. Now, a third of all the billionaires have lost their billionaire status because of this property market that is crashing.
Starting point is 00:26:46 So I think that's one of the key things. When you look at it, what are you going to do to protect your wealth? And as I said before, even with property, the taxes that are attached to it and everything, it has to be maintained like that. Whereas if you have gold as kind of a wealth insurance, once you get it, you've got it, that type of thing. And so that's what I look at, that and trying to be outside of the digital system. That's a real premium for me to be outside of this whole digital system. I got Do Not Obey here says, yes, thank you, Tony. Got my package yesterday.
Starting point is 00:27:20 Happy customer. Thumbs up. Wolfpack Gold. So another happy customer. And I've gold uh so another happy customer and i've known tony for a very long time and i've had nothing but good experiences with tony through out all these different years and so i really do appreciate what you do um so tell us a little bit about you know what's happening specifically at wise wolf well i mean after the election we you know saw there was an uptick and uh there was some liquidity people selling, as I predicted, because they're going to get out of the precious metals.
Starting point is 00:27:49 They feel like it's safe to return to the markets and I hope they do well and they'll be back. That's OK. And that, you know, we're we're buying and selling in whatever kind of market. It doesn't matter. And the main priority right now is just to make sure we have supply. I was talking I did an interview with Andy Sheckman from Miles Franklin on the Wise Wolf Golden Crypto show this week. We had a great conversation. And, you know, he reminded me, he said, most people don't understand, but you do. You know, that if there was massive orders right now placed for physical precious metals, it would break the system. There would be no metals like, you know, and that would dramatically change the price structure and that's what's wrong that's what we both agreed on is that
Starting point is 00:28:30 there's something fundamentally wrong with the pricing structure of precious metals because the law of supply and demand really doesn't fit here um because of the paper because of the contracts and things that are out there so it was it was i'm going to release that uh in the next couple of days there's a great talk but really that's you know coming from somebody like andy who's been in this for for decades and with his father uh and just seen just about every market he and i both agreed the number one pressing issue was supply it's the reason i have i'm in texas right now but the reason we have the secondary physical location i can't see how i could do a third um but we definitely need supply and that's the thing is just supplying wolfpack is is hard and um you know we can buy from wholesalers but to really pass on the savings and things it's just tough it's tough to get supply it's tough to get delivered yeah well you've always uh been able to
Starting point is 00:29:21 do it uh up to this point you've done a great job. We've had crazy market for the last month, every week setting a couple of new all-time highs and everything. So it is time that we're going to see kind of a buying opportunity. I think that's the way a lot of people might think of this if they want to look at it for the long term in terms of wealth insurance and that type of thing. But it's always been great talking to you and working with you tony really do appreciate what you do thank you so much appreciate you sir thank you thank you all right folks oh by the way let's not forget that tony's got a program coming up thank you yeah you find me yeah on rockfin on the america unplugged channel rumble on the america
Starting point is 00:29:59 unplugged channel and in my twitter at tony artemern you can find me there we'll be live uh here at the uh at 11 a.m central that's right right after this program uh tony's program begins you can find him all those different places thank you so much tony the common man. They created common core to dumb down our children. They created common past to track and control us. Their commons project to make sure the commoners own nothing. And the communist future.
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