The David Knight Show - INTERVIEW What Happens to Money in 2025?

Episode Date: January 2, 2025

Tony Arterburn, DavidKnight.gold, joins to look at bitcoin, crypto, gold, silver* An important milestone for money happened 50 years ago* People are betting in anticipation of the possibility of crypto deregulation & bitcoin reserve* Does Trump believe DOGE will accomplish anything?* Tariffs, taxes, and the global economyIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7 Money should have intrinsic value AND transactional privacy: 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.

all right welcome back and of course i heard the bells on christmas day that was written during the civil war guy was saying wait a minute what is all this about peace on earth well it wasn't about that kind of peace uh it definitely wasn't about that but joining us now after tony has had some peace uh peace and quiet for a little bit of time he took some time off for the holidays good to have you on tony how was your holidays oh it, David. Yeah, it's great to see you again. It's good to be back. I took a little bit of time off and traveled a little bit and just, again, absorbing all this stuff. Going into 2025, I knew it was going to be turbulent. I felt like that going into 2020. And a lot of times the history history doesn't repeat but it rhymes and we're starting

it off with a bang it looks like oh yeah absolutely yeah and we were talking about laughing about the fact that the treasury got hacked i talked about this uh i guess on tuesday i said it's only fair since they hacked our financial system that they would get hacked but of course we don't know that it was a chinese as i said because of vault 7 we what we do know is that it is impossible for them to know who hacked them it could have been any state actor that could have made it look like the chinese if in fact they did that or it could be any individuals it could be any criminals who wanted to do that so we don't know so they've obviously got an agenda to say that it was the

chinese who did it and of course that's the other thing that's worrying about 2025, and that is a war with China. That's right. And I mean, if it was the Chinese, jokes on them, because we've already done the damage to our financial system ourselves. We don't need their help. It's kind of like the scene on Dumb and Dumber

when they open the briefcase and it's full of IOUs, and they say, those are IOUs, those are better than money. And that's pretty much what our treasury's done. I never saw that movie. I had to see that scene. That was great.

So how do you look at the next year here when we look at gold and Bitcoin? I mean, last time we talked, Bitcoin was up at record highs and everything. It's now dropped down. Gold has dropped down somewhat. Of course, a lot of that's going to be year-end profit-taking. What do you see happening as we move forward? Well, that's exactly right on Bitcoin. I think it's year-end profit-taking.

And right now, the whales are still accumulating Bitcoin. I see a drive in price. I don't know. Some of the Bitcoin maximalists, they call for some wild predictions, million-dollar Bitcoin in the next year and a half. I really don't see that. But I do see a continual trend upward as far as the dollar is concerned. And that's because we have a weaker dollar. I mean, the dollar is going to

continue to lose purchasing power. And I know this because Trump's calling for the removal of the debt ceiling, $36 trillion in debt. That only increases about every hundred days. You see another addition of about a trillion. So the dollar is going to have to be weakened in order to inflate their way out of all the fiscal damage that's been done over many decades. And that's, again, all accelerating. Same thing with gold. Gold's going to continue against the dollar, will continue to rise in price. But these are all things that I think, you know, we step back every week and we talk about this. It's not necessarily that gold is the best investment on earth or something. It's just money. Against something that is fake, gold is always going to retain some sort of value. And we talk about that just relative to what it

was purchasing power 100 years ago. I mean, gold buys the same amount of land, crude oil, clothing and groceries that it did relative to, you know, again, price of inflation or, you know, any statistical anomaly. Gold's going to buy about the same amount of product that it did 100 years ago. And looking at the markets and everything that we're seeing now, there's no reason to think that we're going to get fiscally responsible. Even if you bring in something like the Doge thing with Elon Musk and Vivek Ramaswamy, you're still going to see, even if they are able to lay off people and cut government spending, it's going to cause damage

to the GDP. We are reliant on debt. We are reliant on the creation of cheap fiat currency to maintain this system. That system, and that's the fatal flaw in the fiat currency system in the central banking system is in order to do anything you have to create more currency you know it's it that is the truth if you really boil it down because we have a central bank the way it works if you were ever to try to pay off the debt you would have to create more currency to do it that's the snake eating its own tail that was you know the federal itself. So we're not going to get out of that trap. And that's why I think things that are finite, gold, silver, Bitcoin, against our modern, you know, fiat currency monetary system

are always going to be doing well. Yeah. Yeah. As a matter of fact, Trump doesn't believe that Doge is going to work, does he? He wouldn't be so adamant and angry about getting the debt ceiling raised for another two years if he thought Dozier is going to do anything. He knows it's not going to do anything. They've had commission after commission go out and make recommendations. And of course, Congress won't act on it. So yeah, it isn't going to really make any difference with that. Well, you were, you know, I guess the last

week or so, I talked about the fact that there was an article saying that for every dollar that the government spends, it takes $5 out of the GDP in many cases. But I'm sorry, for taxes, I should say. For every dollar in taxes, it takes $5 out of the GDP. But they said for every bureaucrat job, that one bureaucrat destroys 138 jobs with regulations and so that's yeah yeah that was an interesting study that was done by a university and i think it was mrs that put that out there but we talk about inflation uh just a a little story here we karen and i watched uh brigadoon and uh because we'd we'd never seen this version I hated I was in in middle school I was in the pit band that did it so I liked the music and I had some fond memories of it we had a little bit

of time with the holiday and so we watched a tv production of it that was done by Robert Goulet that really focused more on the music than on the sets and and things like that they did in the thing and so I thought, that was pretty good. And I thought, and at the very end of it, the whole thing was sponsored by Armstrong. They said, well, you can pick up this album for $1 at the Armstrong store. And I thought, I wonder if anybody's got that album. And I found it on the internet, and it only cost $4.

And I said, I wonder how much that $1 in 1966 would be. Well, of course, they use these inflation calculators, use the government's calculations. So it's underreported. But it said that that $1 album would cost $10 today, $9.95. And Whistler said, well, look at that. Look at all the money you saved just by waiting for 60 years. But that's the whole reason we get gold isn't it because gold appreciates some of those periods of time because the dollar is depreciating against

it it's still staying the same it's just that the fiat currency is disappearing that's right i mean gold and silver hold their value they are money and that's why you won't find the word investment on any of my websites i don't call it that it's not that's not what it is. It's a representation. It's a storage of energy, work and time that maintains its value. And it has pretty much for the last 5000 years in the modern economy, certainly. I mean, we've gone out the gold standard in 1971. And that's what I track. I mean, all these numbers are these metrics. I don't even think they're real. I mean, look at the price of silver. I don't think the price of silver should be what it is today.

I think it should be much higher, just given the fact of the deficits in silver that are in the 200 million ounces a year that were short and have to take from the above ground supply. The gold silver ratio is completely off. Historically, we're way off the mark for that so i watch all kinds of things like that david that lead me to continue to be bullish on whatever that means for for pricing on gold and silver but i the world's moving away from the dollar that's certainly going to to change all of our perceptions of of what the dollar means and uh you, what our financial situation is here in the United States, that's going to continue to be precarious. It's going to be up in the air because the world's dumping it and it's dumping it rapidly. I mean, I saw a metric the other day,

it was like world usage of the dollar in foreign reserves was 73% or so in 2001, and it's under 55% today and dwindling. And of course, the second most held reserve asset in the world, after Basel III, a few years ago, back in 2021, the Bank of International Settlements made gold a tier one asset on the books instead of a tier three. And so that's basically on par with currency. And it's now supplanted the euro. So it used to be the dollar and then the euro and world reserve currency assets. And now it's the dollar and gold. And I've said many times already this last few months that I think gold's already taken the dollar as the world's reserve currency, given what BRICS is trying to do. It's not that BRICS is trying to create a different currency. It's just cross-border payment systems and ways for them to trade based on something backed by gold.

Yeah, yeah, absolutely. You know, you've talked about this many times about Gerald Ford making gold legal. Did you realize that it was 50 years ago on New Year's Eve? That was when he made that declaration. He rescinded the executive order of FDR, and he made gold legal for American citizens holding any amount, I think. I had always thought that it was a prohibition of Americans holding gold, but he prohibited them having more than $100 worth of gold at a time.

And so he got rid of that with his executive order, which, again, is another thing we see Trump all the time saying he can't do this or can't do that. And he asked the Supreme Court if he can get rid of the executive orders from the previous president. No, you can't do that. But of course you can. But that was 50 years ago that that happened.

I made a post about that, just sort of meditating on that on New Year's Eve. And I thought, you know, I feel like I'm in the right place at the right time. All the things that I study in my wheelhouse and things that interest me. And I realized just the historical significance of the time that we're in. You got to remember the average lifespan of a fiat currency is 26 years. So we've doubled that. And now we're on the edge, I think the knife's edge of a real change when it comes to the financial system. And I mean, I saw something the other day, corporate debt, David is 8 trillion. Wow. Corporate debt, 8 trillion. There's this, all these metrics that

are showing us that all these things are unsustainable because, you know, every time we get into a problem, especially in the last 20 or 30 years, they just decided we'll inflate our way out of this. Whether it's too big to fail in jail or just unnecessary unconstitutional wars, the welfare state, the entrenched deep state, whatever the programs and things they need to fund, the $2.3 trillion that Donald Rumsfeld couldn't find on September 10th, 2001, all these things come back to the fake currency. And so we're going to see, I think, just continual bad policy from the federal government and emanating from all central banks around the world. That's why I'm looking at what money used to be.

And I think history will treat us pretty kindly. Oh, yeah. Yeah. Look at that. I don't know when Nixon resigned and. Yeah. Oh, yeah. Yeah, look at that. I don't know when Nixon resigned and Gerald Ford took over, but that was pretty close to the beginning of it. I mean, you know, he resigned in 73 or something, didn't he? Yeah, Nixon resigned August 9, 1974.

Oh, wow. Yeah, so it was right away. Yeah, Ford, I think, pardoned Nixon right after that and with a couple of months. And then Gerald Ford made gold illegal. And that's right. FDR didn't necessarily make it illegal for you to own gold. It was like you said, $100 worth. And I think there was some things left over for collectibles.

There's obviously dentists and jewelers. But he made it to where you couldn't use gold as your primary metric of savings. That's the way they wanted to make sure that you said they called it anti hoarding, which is an interesting word. They didn't want you to be able to use it for your wealth. Yeah. Yeah. Wow. You know, it is interesting as we see the passing of Jimmy Carter to think about the fact that we look at at his uh record that he had compared to uh gerald ford who's not uh i'm not a big ford uh supporter but i tell you what compared to jimmy carter it truly was amazing uh not going to see uh carter do something like this but you know you mentioned the fact that um you know uh gold is not an investment right it is a store of value or whatever but um when we look at bitcoin

aaron day has talked about it roger ver has talked about it the fact they wanted to get back to the original uh design of bitcoin uh the big hope i think of all the people who are long-term bitcoin supporters has been that it's going to be a reserve currency. Now we're hearing from people that in spite of what Trump was hinting and RFK Jr. were hinting, that that's not going to happen. They said it might happen first in some smaller nations, but it's going to take a while for that to happen. What is your opinion about that, about whether or not it will be a reserve and how is that going to affect, you know,

everybody's looking at the deregulation aspect of it, but that was also a part of the calculation, I think, of people getting into Bitcoin as well. What is your take on where that's going to go in the next year? Yeah, I was in Nashville listening to RFK Jr. and then following that, Trump spoke. Of course, RFK Jr., much more specific, much more bullish, I think much more savvy on

how bitcoin works and what it means and trump just was convinced and of course was reading off a script um and you can tell that when he came across the gdp uh being surpassed by uh from bitcoin to silver you know he thought it was just kind of a surprise. Wow, it really passed the market cap of silver. I should read my speeches before I give them. Wow. Yeah, so I think that that is up in the air. It would set off a chain reaction. There's going to be, and here's the tell I thought was interesting.

I'm glad you brought that up. I watched, this is between the time I've been on again. Jerome Powell was asked about that totally dismissive um he's like that's not in the purview of the our charter the federal reserve we have nothing to do with that um it's not something that we deal with it's not you know outlined in anything that we do just any and he took a while before he answered he took a pause i think it was like three or four seconds maybe five seconds just sit there and look at the guy so um there's a don't get you know get a dramatic effect really you know dramatic effect and it was just like we just they just look down on this and

it's like it's a phenomenon uh you know something that's in the way it's a speed bump we got it we didn't really figure how to get rid of this thing yet um so i i think that the powers that be especially the central banksters and don't forget who runs this country. Don't forget who runs things. You know, you can see the people out front, but they're not really in charge. It's the people behind the scenes. And that's the way history works, ladies and gentlemen. There's always power brokers behind the scenes.

And especially in a world of central banking control and fiat currency, it's even worse because you can hide and cover up so much. There doesn't have to be fiscal debates anymore in this country. We don't really have that. We're going to. That will be the future, but it's not right now. So I think that the opposition of Bitcoin coming from central banksters is going to be very strong. It'll filter into our politics.

And we saw that through the first Trump administration. central banksters is going to be very strong. It'll filter into our politics. And, you know, we saw that through the first Trump administration. That's why I didn't get excited about this one. You know, people want me to have selective amnesia and forget that there was a 2017 through 2021. I remember those years and I remember the promises that were made and weren't kept. And I remember the fiscal house that was set on fire. Um, you know, again, uh,

Wilbur Ross, everybody remember Wilbur Ross and who he was. And, uh, you know, was it, was he commerce secretary? Is that who he was,

David? I mean, he came in. Yeah. And he was a Ross child's agent. He's what built Trump in the nineties. And now we got lucky. Lutnik is going to be the commerce secretary who is all about tokenization and

securitization, right? Right. Yeah. There will be some crypto moves in the Trump administration, and I've said that. I think, though, but we're starting to see, especially with the H-1B visas and all this stuff, they're going to walk back a lot of the America First

stuff. They're going to walk back a lot of the promises made. It's the way that politics work. You know, what is it, the H.L. Mencken's, it's an advanced auction on stolen goods or something like that, what an election is. So, no, but I think in the long term, Bitcoin has its place. It's probably far too long out of its inception to put it back. I mean, it can't go anywhere. There will be smaller nation states to do something, but the United States still may put it on some sort of balance sheet or anything. But there's a lot of momentum in Congress for that,

and there's a political, I think, political will to do something with Bitcoin. So we'll see. I just try to keep that out of my focus for what I think Bitcoin is. And I think, you know, whether it's, you know, I said last year at the beginning of the year, hey, really watch Bitcoin because, you know, it was picked up by the ETFs, you know, Larry Fink, BlackRock were pushing. And I thought, well, that's a huge departure. Are you guys paying attention? I think Bitcoin was like twenty nine thousand.

And I was saying this is and I started buying it on a daily for for my company's reserves. So, you know, that was a good decision because here we are you know a year later and it's already surpassed at one time 108 000 it's down to 98 000 when i checked spot before the broadcast so i think that'll be a trend that continues but it's not gonna i don't think we're unless something huge happens it's not gonna go parabolic like we're gonna see half a million dollar bitcoin in the next, you know, eight months or something. I think they will continue the pump, though, you know, before they do the dump, just make sure that you're not their exit strategy, you know, when when this stuff happens. But I think they're going to continue to pump it

because on the other side of this stuff, you've got Lutnik and, you know, Tether and stable coins and securitization and tokenization and all these other things, that's really what they're working on the side. They got everybody looking at Bitcoin, and they're using Bitcoin, I think, to get people excited about digital money and about the blockchain and stuff like that, while they do something very nefarious on the side with this stuff and kind of come in as a de facto CBDC. Now, the Bank of International Settlements is talking

about the fact they're going to continue on with their CBDC. But I think that the way that's going to roll out in the U.S., U.K., the five I's that already said, you know, a couple months ago, they said, well, we're not going to do anything called CBDC. But they will do the functions of CBDC, I think. And I think part of what is happening with the Bitcoin and the deregulation around cryptocurrency is to pave the way for that de facto CBDC that's going to be like a public-private partnership and people like Larry Lutnik are going to make a lot of money off of this

and many people in the Trump administration are connected to that. That's what I'm looking at. So I'm still looking at gold as a hedge against that type of stuff gold's going to be more steady the volatility of crypto and and bitcoin itself is much more of a high risk asset and i'm in it you know and i can have wise wolf bitcoins about to launch that'll be a new program that we have within the next 45 days making a lot of progress there it's going to be great for for those that want to trade some of their crypto Bitcoin and turn it into gold and silver I made an announcement on tinfoil hat that you know we're going to be the first no fee broker in America if you want to turn your Bitcoin into gold or silver you can uh get with us directly and there's no fee that There's no other gold and silver company that does that.

And we're going to be able to do that because we're going to make a symbiotic relationship between the two. So I am an advocate of Bitcoin. However, I don't get on these hype trains. I think that's a dangerous thing to promise people what the price is going to be, because I do agree with you that they can pump and dump especially when they've got the etfs now and the inflows they get the price really you know when because most this the sad part about investing is that what i've watched is that when the price starts to go up really go up on anything that's when people jump in they don't there's fear of missing out they got to get in there and they want to ride the wave at the top it's for the wrong time to get in and you got to get in there and they want to ride the wave at the top. It's for the wrong time to get in.

And you got to look at things when, you know, and again, use your own research and your own, you know, background and things that you find viable. And if you want to get into something, you know, that needs to be a personal choice. But that's what's going to happen when the thing implodes. That's when they always come in with the regulation. You know, it's problem reaction solution. And that's what I fear with the CBDC. However, the mixed bag on that, the double edge of the sword, is that Bitcoin created a culture, which I've found fast. I've been in Bitcoin since 2016.

The fascinating part about Bitcoin is that the people around it, especially the podcasters and the young folks, they're skeptical of central banking. They talk about fiat currency. So selling them on a CBDC because they use Bitcoin is a moot. It's not going to work. They don't like CBDC. And I think it's something that we should be filled thankful for is the fact that the term CBDC now is dangerous.

And it wasn't three years ago. That's right. You and I have been talking about it for years. I mean, long before anybody knew what it was. I mean, the first broadcast I ever did with you, we were talking about world currency. And I think it was like the end of 2019 going into 2020. So, yeah, we've come a long way with that.

They got to rebrand a lot of it, but the danger lies in the volatility of the markets themselves. What goes on with crypto, especially these stable coins, we don't really know. I trust Bitcoin's network, but I don't trust the people that are trying to hijack it. And that's the thing that we got to differentiate on. And again, you know, look at the damage that they can do with something. It's just independent of the asset itself. Look at what they did to real estate when they came up with the derivatives. And so you got Larry Fink who's saying, well, it doesn't really matter to what I'm doing, whether it's Trump or Biden. It doesn't really matter for what I'm doing because I'm doing derivatives, you know, and I can manipulate the market in really sinister ways.

And so I think that that's the key thing. And you're right. Everybody has caught on to the term CBDC. So I've said, you know, we need to focus on what the characteristics of CBDC that are negative were and try to get, because you've got all these legislatures now that are starting to, several different states have got pending legislation to ban CBDC. But it's not just that it's the uh the privacy it's having a digital id it's having programmability where you can manipulate it it's those types of things that need to be banned not the term cbdc they'll call

it something else and they'll come at it from a different angle and that's what i think is really concerning especially because with trump everybody just shuts down and says well that's okay we're fine we don't need to buy guns we don't need to buy gold he's got it covered uh we're all doing great now because we got a republican and even better we got trump in so everybody just lulled to sleep with all of this stuff it's the dangerous part of our politics now that's so tribal is that when we they perceive a win win, you just lay down your arms and then figure out it's a, you know, it's done and we're good. And I'm going to go to sleep for four years.

And then you wake up to a lockdown and then there's president Fauci. That's the problem with, with those kinds of politics. And I, that's why I told you, you know, we had the, right before the election,

we had that, uh, interview together. And I said, look, you know, one of two ways, uh,

you know, if there's a Trump, a win and a golden silver, we'll take a hit. Bitcoin will go up. And I said, look, you know, one of two ways, you know, if there's a Trump win and gold and silver will take a hit, Bitcoin will go up and the opposite if there's a Harris win. So that's what we're seeing. There's a lot of profit taking it into the year, but going at the fundamentals, what drove the price of gold the last few years? What has been that? Well, it's, it's the decline, de-dollarization,

the supremacy of the dollar is waning. The American empire is in trouble. The geopolitical tensions are heating up, and central banks are buying gold because they're going to remonetize their debt. They're going to reset. They call it a great reset. Matter of fact, this is halftime show for the decade of the great reset, folks, and this is what we're watching. The powers that be, the Davosos set they've already decided the future you're just playing catch up we're all just playing catch up looking at uh what's happening with our currency system

which again massive change is going to happen because of the damage done and gold and silver bitcoin these things were holder value i believe going into the next five years. And, you know, when we look at it, the economic unrest, you know, one of the things that kicked all this stuff off and in many different ways and not just the massive spending and who was it that gave us a steeper curve on the spending and on the debt, you know, then it was Trump. And of course, it was Biden kept up that pace. But he's the one who escalated it very rapidly. And now we've got something that I think is going to be a real economic bomb that he's ready to throw in. And that's going to be the tariff stuff, because in a sense, what he's doing is he's weaponizing the U.S.'s position. You know, well, we got the we got the petrodollar.

So let's use that as a weapon. And now Trump is saying, well, we're buying so much stuff, let's use that as a weapon. When you start doing this, it's going to create all kinds of secondary and tertiary effects. It's going to just be a big bomb in the global economy. I played a clip from China that I couldn't believe the other day, Tony, and it was a lot of people taking independent people in China, taking videos and posting them up of how empty the trains going into Beijing were, how empty the streets were, how nobody was shopping or buying anything, how the stores and the malls were empty and the restaurants.

And it truly was amazing because that was one of the things when we were there, just a sea of people everywhere you would go, especially in the retail areas. Everything was a ghost town. And so if you're going to throw tariffs into that, you're going to create a real bomb of a financial system, and then everything is up for grabs. Now they're going, that's their crisis, and they're going to come up with all kinds of radical solutions

if they create a radical crisis. And I think the trigger for that may be the tariffs. That's just the way I'm seeing it. Yeah, sadly, I believe you're right, David, because I've always been a fan of tariffs. I believe that's what the country was built on. I believe in economic nationalism, but there has to be a coherent policy. Ever since we gave away America's manufacturing, and make no mistake, it was given away. It was literally the pawning of America's soul, as Pat Buchanan said.

He wrote a book in the late 90s called The Great Betrayal. That's exactly what it was. It was given away through free trade programs. The corporations were given a backdoor exit and said, hey, you can take your factories and move them over to Mexico or move them to China, and we'll just let you in without a tax, completely free. You can get away with uh lower wages no environmental regulations you don't have to fight the good fight here and it really backs up what

thomas jefferson said about merchants have no country they don't fight for lower taxes or fight for the american way or prosperity here um what's good for gm is good for america used to be the slogan that makes no sense anymore as we're in a global economy and so i think it's become a consumer nation uh and steven paul volcker said that it was former head of the federal reserve he said what's wrong with the you know they was being interviewed in congress in the early 80s and so what's what's the problem with the u.s economy so we'll be we become a consumption economy not a production economy and what trump's talking about well first of all he wants two things that are

diametrically opposed. He wants a weaker dollar and then he wants to have high tariffs. Well, that doesn't work. I mean, you have to have a strong dollar in a production economy. If you want to build that, that's economic nationalism. But you can't say, well, we've got to have massive amounts of debt. We're going to print our way out of this. We're going to have massive liquidity, you know, a roaring stock market, all that stuff. And at the same time, we're going to print our way out of this. We're going to have massive liquidity, you know, a roaring stock market, all that stuff. And at the same time, we're going to charge you 100 percent tariff if you don't use the dollar to help us continue our Ponzi scheme, because that's what it is. It's using the dollar after 1971 is making sure that we don't have, you know, fiscal Armageddon, because if it's not backed by anything, then you have to continue to use it

through something called money velocity in order to, it's like Tinkerbell. If you don't clap, Tinkerbell dies, right? The same thing with fiat currency. And the problem with Trump's, that's just an incoherent, schizophrenic economic policy to say that we want a weaker dollar, but we want high tariffs. You know, Buchanan wrote a book that I read, and it was one of the inspirations to get me to get back into politics, or I get into politics in general and actually go run for office and start a radio show. It's called Suicide of a Superpower. And the subtitle of that book was Can America Survive to 2025?

And it was written in 2011. And I was reading that at the end of 2011, around this same time, you know, the Christmas, New Year's season. And one of the chapters in there was about the Federal Reserve. And it talked about how the Federal Reserve was responsible for the Great Depression and the Smoot-Hawley Act were framed. Smoot and Hawley were framed. It was the actual, because Smoot and Hawley is the tariffs of the Great Depression that were so high. You know, you see that famous scene from Ferris Bueller, yeah, Ferris Bueller's Day Off,

where Ben Stein is blaming Smoot and Hawley. Anyone, anyone? Anyone, right? Bueller. That's exactly right. But that's, just think about that. Take a step back for a second and think about how incoherent we've become. I didn't think we'd be talking about tariffs in my lifetime. I didn't think that I was just I thought it was a rogue, you know, America first or before that was a term that was acceptable to use again back in 2013. But now that doesn't make any sense to me i mean these are just these aren't this is not economic nationalism that's weaponization of the dollar by other means

yeah well i mean just look at what trump did you know we're a consumer economy we've given away our manufacturing and we aren't going to get it back as long as we've got the paris climate accord in because it's going to be too expensive for us to manufacture anything here regardless of all the rest of the stuff the slave labor the, the piracy, you name it, that's the thing that is the determining thing. And Trump pretended that we're in the Paris Climate Accord and all the Republicans pretended that we're in it. And there was never a vote on that as a treaty.

And so when you look at that, you know that they're not going to address the problems. Gard's got a comment. Gard Goldsmith, he says, I like the idea of directly turning crypto into gold or silver then moving to siberia well that's coming up pretty soon you'll be able to go different directions there i like that strategy it's just a you can see as you know sarah palin can see it from her backyard guard let's get up get over there to alaska it's right there or greenland right uh greenland that's on his it's on his wish list he wants a greenland

and canada so it's this is crazy anyway it's going to be a crazy year isn't it uh and it is going to be interesting and you say you're going to roll that out of course uh are you waiting for them to change some of the egregious regulations around crypto and everything before you jump into it? Are you preparing to do that? No, I'm just going full steam ahead. It's always good. If you're waiting for them, that famous meme of the skeleton sitting at the desk. I don't think I'm waiting.

I'm just complying with it. We've got a great compliance officer and people that we've already put on retainer. It's just taking me forever to projects don't take me like they used to david it seems like it's everything's in slow motion on one side and then moving fast on the other i don't know if it's just me or or what it's age is it age okay thanks i just turned 45 so i'm like what's right it only gets worse okay thanks i'll be looking forward to that. But yeah, we're working on that.

We've got a wise wolf. Bitcoin is about to launch. You'll be able to do the same thing like you did with Wolfpack. We'll put it up on like automatics. It'll be for white glove service for people that want to own some Bitcoin or diversify, but not, you know, deal with Coinbase or some, be it a fake, you know, a faceless thing that, you know, I've had trouble with those networks, by the way. Um, they're not the, you know, if you're trusting them as a little bit of rolling the dice. Um, so with me, you won't have to do

that. And, uh, we will have a, a, a pretty symbiotic network between the precious metals and crypto. And I say crypto, I mean, Bitcoin, I I'm really not into any other coins. Uh, we might be able to help you do that, but it's, that's not going to be our primary focus. It'll just be Bitcoin to gold and silver and vice versa. If you want to sell some silver and buy some Bitcoin, we'll be able to help you do that. That's, that's really what we're adding. And it'll be a coherent, you know, network integrated to what we do. Well, that's great. Yeah, it is. You know, the Chinese curse is coming up in 2025.

May you live in interesting times. I think this is going to be a very, very interesting year. I expect to be fully venerated in terms of what I said about Trump, because it's already been venerated as we look at this. They haven't even made it through the through the wedding yet. You know, usually you got a wedding and you got a honeymoon. Well, they're already having spats before the wedding even takes place so forget about a honeymoon always great to have you on tony and you got a program that is um following up uh right after this just just after this uh 11 a.m central time 12 eastern the arterburn radio transmission every week on thursdays following my interview with you so come join us we'll be on rumble

on the america unplugged channel rock fin amerfin, America Unplugged, and my Twitter at Tony Arterburn follows there. Well, it's great to have you back. Always good to talk to you. And again, you can go DavidKnight.Gold, take you to Tony. And, you know, he's always got these innovative programs like he's talking about doing with Bitcoin and, you know, the uh wise wolf package i thought was great i like the slogan that you got uh jason um sent me some as a gift off of wolf pack and in that it had his first time i had

seen this maybe it's been on some of the other stuff uh your slogan um about uh was it bulls and bears and a world of bulls and bears be the wolf that's right be the wolf i like that and you got some merchandise that's coming up as well yeah we got i got my new shirts on i got it i've got to do better i i'm the word i plug terribly these days but i've got new t-shirts out we got hoodies we got uh stuff for the my radio show and paratrooper my podcast all sorts of shirts and even arterburn.gold i have my own logo for that so if you like dm me if you'd like we can start putting you on the list we're going to launch that on the store within the month it'll be launching live and buy all

kinds of things i like that paratrooper because you were yes sir paratrooper well you are a trooper anyway and we always appreciate having you on uh great talking to you, and we'll say have a joyful New Year. How about that? We'll make it a little bit different. Hello, it's me, Volodymyr Zelensky. I'm so tired of wearing these same T-shirts everywhere for years. You'd think with all the billions I've skimmed off America, I could dress better. And I could, if only David Knight would send me one of his beautiful gray MacGuffin hoodies or a new black t-shirt with the MacGuffin logo in blue.

But he told me to get lost. Maybe one of you American suckers can buy me some at the David Knight show dot com. And David is giving a 10% discount to listeners from now until 2025. At that price, you should be able to buy me several hundred. Those amazing sand-colored microphone hoodies are so beautiful. I'd wear something other than green military cosplay to my various galas and social events. If you want to save on shipping, just put it in the next package of bombs and missiles coming from the USA.