The David Knight Show - INTERVIEW Why They Try to Suppress Silver — and Why They're Failing

Episode Date: May 30, 2024

Tony Arterburn, DavidKnight.goldHow much silver goes into each Tomahawk missile?As silver is finally rising, Tony looks at why it should be exploding and in whose interest it is to keep that from happeningZimbabwe inflationVenezuela crypto mining prohibitionSteve Forbes asks if the world is moving to a gold standardDollars as worthless as candy wrappers says Russian Finance MinisterFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

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If you have questions or concerns about your gambling or someone close to you, please contact Connex Ontario at 1-866-531-2600 to speak to an advisor, free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. All right, and joining us now, as on almost every Thursday, is Tony Arterman of Wise, Wolf, Gold & Silver.

Always a pleasure to have Tony on. And, of course, you can get gold and silver there. He's even made it easy for you to go to David Knight dot gold and let him know that you're coming through us. Always great to have you on, Tony. I was just looking at I know you were your veteran and I was just looking at this fiasco and talking about it yesterday. The pier, the Gaza pier, that one had the perfect take on it.

They said, well well they've decided that in the future they'll save time by just dumping 320 million dollars into the water and not building the pier yeah cut out the middleman let's go direct let's go direct to the waist that's right it's kind of like that uh back in the late 90s hbo had a movie starring kelsey grammar about the origin story of the Bradley fighting vehicle. I don't know if you ever saw that, how this kept getting passed along to new developers, and then that general would retire, but they kept developing and developing it, and there's so many kickbacks and all the grift, and it went into the billions upon billions just

to develop this armored personnel carrier, and it was like a boondoggle of all boondoggle, and it didn't even work at the end. They had to refabricate it again and again. So I think that's, it's just, you, you know, you talk about the, uh, what is the F 35, but they've been what, like a trillion dollars, some crazy number where they can't, they can't get anything developed on it. It's just insane now. I mean, they just throw it away.

That's, I think that's part of the the fake economy and no checks and balances when you really just print out of thin air that's what you get you get buildings that don't that shouldn't exist and companies that shouldn't exist zombie corporations and it just spills out into entertainment everything and yeah it's all tracks back to the fake money because it's all about uh how much money can you spend? How much money can you give these people? You know, the incentives are so big and they are so perverse that what you wind up getting is, as a matter of fact, I haven't talked about it yet today. But you look at the M1 Abrams tank that is there. All the problems that it has.

Survivability problems are a big issue. But it's even got problems with sophisticated electronics when there's condensation it's like what they didn't i mean they've been using it in the desert to shoot people so they didn't have to worry about condensation i guess but now they get it into ukraine where there's some moisture and it shuts this big expensive complex thing down that is uh not useful at all not fit for purpose They give it the wrong kinds of ammunition. They gave it ammunition like it was going to be fighting other tanks. The way these guys are using it is as mobile artillery.

Because they don't have the ability to fight tank to tank or anything like that. It's a completely different environment. And it's completely not working. It's very, very complex. And a very specific limited use. Yeah, well look at the success that they're having with drones now i mean these inexpensive things just taking out these multi million dollar multi-billion dollar pieces of equipment i think that's the future you know just because you have a printing press and just because you can reach into this almost unlimited pool of

funds and build all these things i don't know that that actually helps you in the future, especially with asymmetrical nonlinear warfare. That's right. And that's one of the things that they're talking about. You can see the Russian tanks. They look like a mobile chicken coop, you know, I mean, they got all this makeshift wood and wire that is stacked on top of it. And it looks like a piece of garbage,

but they have to do that because the drone attacks from above, they haven't really done that effectively yet within the M1 Abrams tanks. And so you've got this, talk about asymmetric warfare, $10 million tank taken out by a drone that cost a couple of thousand dollars at most. Right. And I remember there's a great line from one of the movies about the Iraq war that I was in. And one of the soldiers says, how are these guys in pajamas? You know, we're fighting guys in pajamas over here. And he goes, hey says, how are these guys in pajamas? You know, we're fighting guys in pajamas over here. And he goes, Hey, Vietnam, they had guys in pajamas too. And

you got to respect the pajama. Cause that's what I mean, really just AK 47s and being mobile, you know, not, not being tied down with all of the supply lines and all of the bureaucracies. And then, you know, I have to read your, your R your ROE, the rules of engagement. I might, am I actually, am I going to get arrested, you know, for, for firing? They don't have to do that. And, uh, I think, you know, that was a, there's another, we don't learn it. The only lesson we learned from history is that we do not learn from history. If you look at the warfare of the United States in the last 50 years, especially.

That's true. Yeah. Like everything in this, uh, in this government is just useless. So bureaucratic that it's useless. So over built and, uh, overcharged that it's useless as well. That's bloated. Yeah. Yeah.

Non-essential now. Yeah, that's right. That's right. Yeah. And it's going to soon be dead and bloated like a bunch of roadkill. I mean, of its own accord. That's right. And I, again, i again you know we we talk about this this really is a financial issue you know it's it's a financial issue because it goes into the

what you talk about the military industrial complex and um i'm gonna i brought on a prop this morning and i this is full disclosure i heard andy sheckman of miles franklin precious metals on with robert kiyosaki and a lot of us gold and silver bugs have long talked about how much the military industrial complex uses silver but there's actually they've declassified a lot of the usage and i i didn't think it was as much as you know because you have like the world's silver council and others they they haven't really gone into the usage and i'm starting to understand a bit now why you have this skewed uh silver price david and again these are

speculations on my behalf this is just me doing my own research and being in this business but all of us silver bugs we are in gold bugs we always wonder why the price of silver is the way it is then you see you know jp morgan chase which is the largest holder of silver in the world physical silver being convicted of suppressing the price and and you know that's very counterintuitive a lot of people don't understand why you know why an institution that holds this amount of silver would want the price to go down well it's about accumulation but it's not only that and i'm i'm starting to really think that it has to do with the usage of the world's largest arms dealer, which is the United States of America and the military industrial complex and its ability to make these weapons. There is declassified.

Now, there's 500 ounces of silver in a Tomahawk missile. Wow. That's a monster box. So I brought on, it's even hard to pick up even for me, but you got, this is a monster box of silver. And of course, if you're audio only, you can't see this is a giant green box. This comes from the treasury. This comes from the mint, the US mint.

And there's, you know, there's 20 American Eagles, one ounce silver American Eagles in each one of these tubes. And it serves 500 ounces. So this box is what goes in every Tomahawk missile. So to me, we're talking about the gold-silver ratio. Why is it so screwed up? From the beginning of time, as soon as there was any kind of monetary policy,

there's always been a gold silver ratio. That's the amount of ounces of silver that it would take to make an equal amount of ounce of gold in value. And it's usually been 10 to 20 to one. So between 10 to 20 to one, uh, for a period of time, the Egyptians had it one to one, but let's just fast forward to the modern era. i like the way you do era and error together because we're in an era and so you know it was it was 16 to one though david for most of our history in the united states and that was uh set in place mostly by alexander hamilton and others who uh formed the basis of our monetary policy the biometallic standard but it was 16 to one we'd have to do the math but it's probably like 87 to 1 today at times

it's broken i think during the first quarter of the scandemic it was like it went to 125 ounces of silver to one ounce of gold in value so there's there's the the skewed uh gold silver ratio it's it's it's been very strange a lot of people are frustrated with silver why doesn't it go up well ladies and gentlemen i really think that this actually is a much deeper conspiracy if you will than just uh you know a big bank cornering the market and it probably has a lot to do with why the hunts the hunt the hunt family the hunt brothers if you go back to the night and we'll talk you know there's jamie demon's warning about stagflation, you know, reminiscent of the 1970s coming back. And I wonder why that happened. Why did they have high unemployment, low economic growth, and inflation?

Why did they have that at the same time? Well, you know, we had a freefall from going off the gold standard. I mean, that was one of the reasons. But during that time, the Hunt family from Texas, they decided they were going to corner the silver market. And you know this history. They go and they start buying up physical silver with their fortune. They had a vast oil fortune. As a matter of fact, they owned for a a while they owned the oil rights to libya

before there was a certain colonel qaddafi that came to power and they lost all they lost all those uh the rights that they would have been they were one of the richest families in the world they would have certainly been uh top three had they uh retained those rights so they started to to corner the silver market in right about 1979 it started to have its massive peak and then $52 and 50 cents an ounce in 1980, but they were shut down. And I started, I'm starting to think that a lot of this has to go back to the deep state and

the military industrial complex that Eisenhower warned us against. And we're just looking at, I think a, this is a conspiracy to hoard the metals for themselves. So your listeners, my listeners, take that into account. And you can go look this up for yourself. Think about every time you see one of those reels

where they're showing a missile striking something, that's just the Tomahawk missile. That doesn't even have to, that's just one area of this and how you know because silver is the most thermoconductive metal that there is right and it's and of course gold can do a lot of those same things but it's much cheaper and now that's they've incentivized i believe to keep it cheap and and that's probably why we're seeing these prices so it is really

amazing i i'm the more I've looked into this, the more I start to start to have that kind of aha moment. Cause I've always wondered, you know, what, what was the true reason for suppressing? Yeah. I think it's our weaponry.

Well, and you look at what the corporations do, right? They offend their customer base. They cancel their customer base on the whims of government because government is the customer. They don't have any customer except for government. they want to do everything the government wants them to do it gives me an interesting idea you know we talk about squandering of blood and treasure

in war uh well you know the the treasure of all this silver and these other metals as they blow this stuff up i guess what we're doing is they're taking our silver and we're shooting it into the other country. I guess eventually somebody will go back to these battlefields maybe with a metal detector and it might get rich. And of course, it's just making it more and more scarce too. I mean, last year, and I had Peter Kraut on the wrote The Great Silver Bull. I had him on my show, The Wise Wolf Gold and Crypto Show. And he was telling me he said there was we had a 200 million ounce deficit last year so all the silver that's

being ordered and used and everything from you know uh you know evs and solar and jewelry there's 200 million ounce deficit than what was mined so they had to take it from the above ground supply he said that's only going to be increasing this year so there's running more and more depth this thing I think and you've seen the spike uh where silver broke you know 32 an ounce uh this is the first time since what 2000 it's the highest it's been since I've been in business let's put it that way wow uh on spot price uh when I got into the to uh Wise Wolf and and retail, it was like 23. And I think sometimes it's broken, gotten close to 29, $30 an ounce on spot. But no, it's just the highest it's been since 2013. And I think we're going to continue to see a trend because not only is it monetarily david where you know the commodity prices are

inverse to the loss of purchasing power in a fiat currency so the more that the central banks print of their own currency to cover down on their spending and their bloated welfare states and all the rest the more that commodities go up because the purchasing power i mean this is pretty simple math but if you make something ubiquitous like your paper currency and it's there's more of it and there's less of this thing over here but there's there's a lot that factors into price and then again this is an investment advice but i think what we're seeing worldwide is a revaluation of commodities and i think even the shanghai exchange uh the silver on the shanghai exchange not to mention the gold uh massive premiums because i think they're starting i think the world is moving away from what we see

as commodity and pricing in dollars i think that's slowly happening uh we saw um and that's because of things like the brics nations i believe thailand is about to be admitted into bricks wow amazing time saudi arab, of course, was, and there's like 25 other nations that are awaiting application. So I think this is, everything is changing. It's changing very rapidly. One of the headlines too, Dave, I wanted to bring up before I forgot. Zimbabwe has deflation.

Zimbabwe now has deflation. Zimbabwe has deflation. Now, this is a crazy upside-down world because this was always the joke. They had the trillion-dollar notes, and I mentioned this before, but they went to a gold-backed currency. And, of course, coming from their government, they said they won't. They're not going to. They lie. I mean, every government lies.

But they're at least putting out the press release is saying we won't put out more notes than what we have in gold reserves. That's what they say. But at least they're saying it, you know, we don't even talk about this. We're in a free fall from, from anywhere close to having any sort of fiscal sanity, but that's what's happening in Zimbabwe. Imagine that in 2024, we are. We are through the looking glass now. The place that used to have, you know, hundreds of percent, 250% or more inflation every year now has deflation.

And they're trying to get it more honest. And, you know, we see that with Venezuela as well, right? Venezuela had, you know, they were a basket case. And they started embracing Bitcoin to try to, you know, give some stability to their economy and everything. It got so popular that they are now banning any crypto mining in Venezuela because it's bringing the grid down. And that's the other thing that's interesting. You know, when you look at these external factors, it's not just what people want, prefer to have silver or gold or Bitcoin or something like that. But you look at these external factors, like the way the military

is consuming silver, or, you know, we'd also talk about the solar panels, solar panels, big consumption of silver, and the government really wants to push solar panels and other things like that. So when you look at these initiatives from the government that are consuming these metals, but then you also look at Bitcoin, and it's got a bit of that as well, because the consumption issue there, how are we going to sustain this? The consumption issue is the power. And so you've got these companies that, the artificial intelligence companies who have the same issues as the cryptocurrency companies.

Sam Altman is out there starting a company that's going to start creating its own private power grid network of nuclear reactors and other things like that so that they can keep the crypto stuff going. I think it's also so they can keep they'll have power for the government issues of, you know, data mining and storage and all the rest of stuff on us as part of the surveillance state but you know that's the limiting fact there's real world limitations to all of this stuff and it doesn't just exist in a vacuum you can't just print as much money as you wish and you can't uh have as much gold and silver or even a cryptocurrency as you wish because

there's these issues on how you can use the stuff or how you can, you know, the physical limits of all these things. Everything's got a physical limit in this world. It absolutely does. And Bitcoin does take, and it takes a worldwide network, takes a lot of energy to keep the network up.

And so there's an incentive. If you are a Bitcoin miner to find uh cheap renewable sources of power that's right i like uh what the government's trying to shut down the the power everywhere you know it's like how do i how do i sustain this thing and then when they come up they start doing this who's going to have access to that network all right is it going to be the ai companies in government are the crypto miners going to be able to have access to that you know that's an externality that's going to really affect that marketplace it isn't like there's some you know they like to talk about the fact they got a limited number of bitcoins and everything but

their ability to produce to to process a transaction is going to be somewhat limited i think i like what el salvador's done they use a volcano i mean they go that's there's there's like hydroelectric dams they've reopened uh to to power the bitcoin network it's pretty this is this is fascinating the turn in history you know china had all these miners and there was that was where most of the bitcoin was mined and then china banned it and uh which is which is crazy because they banned it what two or three years ago those miners moved all over you know resettled across the globe and now hong kong has the bitcoin etf that they're launching and that's supposed to go into be available in mainland china so you have you have mainland china investors investing in bitcoin that they banned from being

mine in their home country. We live in unprecedented times. And this is, you know, Bitcoin's being passed around, and I don't want to stick on Bitcoin too long. It's an interesting thing. I still buy Bitcoin. I deal in Bitcoin. As a matter of fact, we're working really diligent to be able to take Bitcoin on through the Wolfpack memberships and all that. I'm working on that to be able to take it as a form of payment because I do like Bitcoin.

But there's so much unknown there. You talk about the Larry Finks of the world with BlackRock. I just hang a big question mark over that because that guy's been demonizing Bitcoin for years. He's part of the establishment. He is the establishment. That's what of the establishment. I mean, he is the establishment. That's what the establishment is. They hate cryptocurrency. They hate decentralization.

Why is he pushing this? So I have all these open questions. And, of course, he hates gold. BlackRock's come out and said. He hates people as well. He said the people who are going to win are the ones who had big population reduction. So it's like, yeah, it's a we, it just, it's a dead giveaway. He told the people at world economic forum. Yeah, we got to, uh, you know, declining population is a good thing, you know?

So we know which side he's on. Well, that, and then they've got, you know, BlackRock and all these, these mega corporations buying up all the residential housing and you have Larry Fink coming out and saying, well, we can, we can change uh public perception by you know changing policy and we can push them to change behaviors i think that's what i'm paraphrasing him but he's talking about changing behaviors you're absolutely this is these are open questions and blackrock has come out and said that uh the developing world they're going after gold and and putting a premium on gold and gold mining is actually hurting the economies and

developing economies. So they're like, don't do that because it's hurting investment. Because the more that the world turns away from the standard fiat markets and goes into hard commodities, the more of these, they don't have the power. It's like, I use that analogy. It's like Tinkerbell, right? If you don't clap, Tinkerbell dies. And that's, if you don't clap for the casino stock market in the multinationals, other systems starts to collapse. They need you to participate in it. That's right. Yeah. When you look at, uh, their suppression of the price of silver, you know, they're manipulating that.

And I, even when you look at what's going on with a dollar, you know, Biden kicked all this stuff off. He and his his people i can't believe that that's stupid i think it's an agenda that they want that to happen and you know you talk about the bricks companies or countries and uh you know what was it thailand that's joining it um they're settling in local currencies now they don't even have to have a brick currency they're settling in local currencies and that's the thing that really um concerns people in the united states is one of the reasons why a lot of people are going to gold and silver got a comment here from michelle obama and thank you for the tip he says tony you sold me enough silver to make an anchor for an aircraft carrier be advised you

are at the tippity top of my family's christmas card list so he's like the fact that silver is finally making its move but you know gold has also been making its move a shift gold talks about the fact that in the past five years gold has gone up 89 the government bond index has gone up 0.7 because people just don't want the government debt they talk about having a shortage of gold and silver and other things like that. Well, there's no shortage of government bonds and debt, is there? It's interesting. The government incentivizes behavior. If you look in the tax code, it incentivizes behavior.

One of the things they really don't incentivize is you having gold and silver. They really don't do that. State governments sometimes do and you see that you know where the state governments are making gold and silver legal tender if you if you look at the the history of precious metals pricing gold went up two thousand percent in the 1970s uh silver did something very similar it was a crazy moves from what, a dollar an ounce or something like that, up to $52.50 an ounce in 1980. So if you look at their financial planners though, what happened in 1974, they came out with these products like 401ks, IRAs. They started getting people access to the stock market and other things that normal people didn't do. Then you started having something called a financial planner. These financial planners planners get licensed to come on board there's a reason they did all that and

that was i think uh um you have jamie demon coming out talking about stagflation in the 1970s but why why did we have stagflation why did that even come into now that you can throw in things like well there was an oil embargo and uh you know there was there was this oil from opec yeah but that didn't really that doesn't explain all the other factors around high unemployment low economic growth high inflation because right now you see the federal reserve uh you know being asked about cutting rates you know cutting rates it stimulates the economy like well you know we we can't really cut rates right now but you have stagflation so you have all these things happening but you still have inflation which is the the whole thing is they need to ramp up the economy with a rate with a rate lowering

they but we have inflation so they really can't double down on that david so they're in this really strange box but they don't talk about where and i don't you're talking about being in a strange box my image of it you know what happened in the 1970s what's happening now is the the end of the movie wizard of oz where he's in that box underneath the big balloon and the inflation takes off and it goes come back come back i don't know how it works and that's that's really that's really what these guys are the men behind the curtain that's really what it is they don't know how it works and that's that's really that's really what these guys are the men behind the curtain that's really what it is they don't know how it works they kick this thing off they release the inflation and it's going to take them with they don't know where it's going to take them or us either one which is funny because the wizard of oz is like the allegory of the gold standard

and you know the cowardly lying is supposed to be william jennings brian and if you you know l frank bomb if you get to the it's the yellow brick road and the golden the emerald palace is where the emperor or the wizard and that's the greenback you know so it's all there's all these different allegories that L. Frank Baum put and of course at the end of the book Dorothy clicks her silver slippers they're not rubies oh okay it was the silver at the end yeah this somebody told that to that guy who broke into the museum there and stole those ruby slippers he was so stupid he thought they were real ruby slippers

and then he got these cheap sequin things and he he turned him back and turned himself in and they took him in for to be remembered that yeah and but he was near the end of life he was in a wheelchair very poor health and everything they let him off lightly but yeah it wasn't it wasn't even real ruby slippers how about that it's amazing it really is amazing and you know you you just hit on something i think is really important for people to understand there's they've created and they've created all this other these other i you know uh avenues for for you to forget about what they do to your currency every time they print go to the printing press and and you just don't notice it as much if you're if

maybe the stocks are growing a little bit maybe they're they're keeping track with with inflation maybe not maybe kind of like now how you just talked about you just talked about how the the markets and the bonds they're not keeping up So now we just reached this point where the treadmill, and that's where the people are on. I was looking at some gold mining stocks. Gold's up like 600% or some crazy number for the last 20 years, and their stocks haven't gone up because they're just kind of keeping pace with the actual stock markets themselves and the valuations so there's something there's something going on i think people you know they tune into us every thursday kind of just just going through the headlines on precious metals and commodities but there's this is history's happening david it's really exciting to watch even to the extent michael meharry had an article i thought was interesting uh

forbes magazine steve forbes uh said um that he thinks the world is beginning to lurch toward a gold-based monetary system he said despite the fact that historical gold standard is held in most uh by most people in universal contempt uh by economists and by financial officials and so michael meharry says well why is that he says well it's because the gold limits what the government can do you know they don't like that they like to be able to have complete unrestrained control and and that brings them back to reality well this is something i talked about last week and i think steve forbes is on to something a lot of people are wondering what's the next you know if the dollar is the world's reserve currency then is it going to be bricks that supplants the dollar and and my answer that is no it'll be gold i think just

have the the system that's been set up especially since uh we went off the gold standard in 1971 here in the united states um the gold exchanges that have been set up the universal spot price for gold being measured through markets i think that the the the world's reserve currency is gold now I think that that's where I think it's going it's going to gold it is gold you look at these countries like look at this look at the currency of Russia look at the Russian ruble I would look at it tell your audience go look at the charts of the Russian ruble post invasion when they invaded Ukraine and the sanctions were placed on by the Biden administration massive Morris we always sanctioned Russia but we put more sanctions

on the ruble fell for a little while maybe about 60 days and then there was some announcements that they were going to back the ruble uh digitally was with gold there was so many rubles per gram I forget exactly what the ratio was, but they said they're going to do that. And then they started trading openly, directly with countries around the SWIFT system. So trading gold for crude oil, going to places like India,

going to China, doing the same thing, using their energy reserves. Then the ruble just rebounded and actually was stronger than when the sanctions were placed on so I think Russia led the way and said you don't need the dollar and they actually their foreign minister their finance minister said that dollars were candy wrappers to them they don't

even accept them anymore that's like I looked it up in Russia that's a really big insult I like it to say something like a candy wrapper is like really really it's trash beyond trash or something like that so it's it's interesting it's interesting to see russia led the way they were supposed to be like oh it's going to be devastating for russia well no that the the inverse happened and you see rapid de-dollarization as a matter of fact the beginning of the invasion of ukraine by russia the dollar was being used financially worldwide about 58 of all financial transactions now we're in the low 40s because all the countries that have dumped the dollar after that those sanctions that were placed on russia of course jenny yellen too david jenny young said those billions and billions that are seized russian assets from around the world she

wants to give to ukraine these acts of war by these people and on our side of the whoever who i guess what are our leaders if you want to call them that uh you know this is financial warfare these countries are fighting back by creating their own systems and i think gold really is it comes out on top yeah because people run this american empire basically kleptocrats they're thieves you know it's government by theft maybe you know ruble is doing so well maybe if they uh we should redo the wizard of oz and dorothy could wear ruble slippers i don't know but yeah before we end here i got a quote from steve forbes so we went on to talk about it and how it would have changed if we had stayed on the gold standard.

You know, for 180 years, we were on a gold standard. And he said, you know, during that period of time, we had the greatest long-term growth in human history in the United States without the ravages of price inflation. How did that happen, right? And he said, and since the greenbacks' link to gold was severed, our average historic growth rates have fallen by about a third. Median household income today would be about $40,000 higher. Would you all like another $40,000 a year? If our traditional pattern of growth for those 180 years had been maintained. Nevertheless,

the cost of the continual, the contumely and scorn for gold-based monetary system is universal why because it limits the government but it limits our wealth creation and you know when i look at this tony i think about the fact that you know we can't force the government to adopt a personal gold standard but a gold standard but we can do that on a personal level in a sense right especially when we see that they are engineering the collapse of gold, just like they're engineering the collapse of our energy system, our food system, and so many other things. It is an opportunity for us to get into a system that is going to be

for our benefit and not for the government's benefit. We talk all the time about CBDC. Yeah, the government certainly wants that because it suits their purposes. Fiat currency is the same way. You know, it's their control grid, and, you know, it's better than the CBDC, but it is still for their benefit, not for ours.

Right, it's a transfer of wealth. It's the largest transfer of wealth in human history, and it's stealth. It's the stealing of wealth it's the largest transfer of wealth in human history and it's it's stealth it's way it's the stealing of wealth through stealth as a matter of fact if if you want to go and get a glimpse of and i think this is there's a there's a story about a document found in an ibm copiered in the state sale in 1986 somebody found this copier and inside there was a document called silent weapons for quiet wars i don't know if you've ever heard of this but it was dated may 1st 1979

it's just weird technical manual um you can debate whether it's real or not but the the fact that somebody found it in this copier is real and then you look at the the manual and it starts to opens up and it talks about money as energy and how they were going to basically use it to transmute like through through people like their use their energy against them so that's what the elite do that's it's a it's economic alchemy that's why i call it luciferian bankster notes when you go you don't have any sort of checks and balances on like we had and you always have corruption in governments folks that's always going to happen there's always going to be there's always shadow governments

there's always things that and people behind the scenes but you amplify that by factors untold in human history if when you take it when you take all this wealth and all the things that we built and then you create monopoly money around it it's unlimited that's why we have that's why we have the state of affairs that we have today or because they pulled a magic trick and again i go back and look at you know silent weapons or quiet wars it's an interesting read you can decide for yourself what you think it is but there's i think that's the the explanation of that and being able to use people as like energy devices and use these use the the money or the currency as a way to extract from them you know that's something that um a lot of people i i'm sure you talked about this but uh as we i know we need to end the end of the segment but

you you go back to the beginning of of 2020 and there was this story that dropped, and not a lot of people picked it up, but Microsoft has a patent. It's called 060606, and it is a patent to use biometric integrations into the human body to produce a cryptocurrency for approved activities. I had to look this up several times before I even broadcast on my show. I'm like, can this even be real? Yes, it's real. So this is how they think of the elites. And this is just a short way of getting the audience to think about this. The elites don't think of currency the way you and I do. And it's used as it's weaponized and it's used to exploit you.

So if you, what David and I are saying is you become your own bank. Yeah. You know, and we're not telling you to be investors per se. We're telling you, be your own bank. You know, know how to trade gold and silver. Know the values of that. Know what, if you want to know what the world's reserve currency status is, you know, go look up the spot price for gold. That's what they were.

And that's what it's trading at that's the that should be the exchangeable rate between you and and whatever you know third party you want to deal with and by the way before i close david i i caught myself talking about the f-35 and i and i said the word trillion and i said i think it cost about a trillion that's what first came to my mind and then as we were the interview was going on i thought that that can't be right can't be right it can is right i looked it up it's 1.7 trillion so that's where we're at this is two trillion yeah yeah so i we talk about uh the trillions of billions and millions so many times that i sometimes uh interchange those but yeah you're right that is trillion dollar system i don't know how much their new uh strategic bomber i think this

is a strategic bomber the b-23 thing it's pretty sophisticated looking thing who knows how much that thing costs it is absolutely insane what our government is doing and this it's unsustainable and um so but tell us what's going on at uh wise wolf what's new there well got a lot of great uh products in uh we have we had bought a a big load of silver last couple weeks and uh i'm i've got wolfpack packages going out we're really really looking forward to the items that are going out in the packages i hope people will will reach out to us tell us what you think uh the silver going up has put it's put a strain on me being able to like in the lone wolf package is it fifty dollars uh you know a package and you take out shipping you start looking at cost of you know credit card fees and everything else and i start thinking what can i even put in here because of the premiums um but

because we don't want to put one thing we try to give you some variety so i'm just searching around trying to find fractional silver and other things of course we use the goldbacks but if you get the you get the lone wolf package, I thought it was cool. We bought a big load of silver dollars, the pre-1921s going back into the late 1800s, Morgan silver dollars in good condition. Those are going out in the lone wolves plus a goldback. I'm really proud of that. That's cool. If the pre-1921 Morgan silver dollars, David, are upwards $40, $50 a piece on some of the major retailers. And there's some good mint marks in there. So if you're a little bit of a collector, you know, check that out. So the lone wolves, I'm proud when we can do something neat like that.

And I'm looking at different fractional gold coins. I'm starting to search other wholesalers so we can try to put gold in some of the lower tiers it's hard to do a gram of gold now folks I mean retail on a gram of gold is like a hundred and eleven dollars or 115 dollars it's just going up and up and up so we're trying to get like half grams everybody's sold out it's hard to get that stuff but we are trying to get even that in the Wolfpack. Even that, if you hold on to those small pieces of gold, even if you're worth of paying the premium, I think it's going to catch up. I think if you let it sit there for a while, let the price of gold do what it's going to do against the dollar, you'll get some physical gold.

I build the invoices every week. I have a lot of fun doing it. And I hope that people are happy. You go to DavidKnight.Gold and promo code 1776, get some free silver too. Oh, that's great. Yeah. Promo code 1776. And what is the free silver that they get with that promo code?

Most of the time I'm doing constitutional silver, pre-1965, 90% dimes, quarters, half dollars, things like that. We just put a little bag in there of extra silver just on the house for you. And, of course, we talked a little bit about, I will continue to tell people, if you've got these 401ks, IRAs, and you want to roll that over into physical precious metals, we can do that. You just give us a call through davidkn dot gold or give us a call directly uh now is the time to do it in my opinion with this things are kind of quiet yeah on markets and there's you can trade value for value and get into some precious metals i think uh we're seeing some trends of of metals going who knows i mean i don't think the gold bull market is over by any means and silver i think is just

getting started so it's still a good time to do that i agree yeah i you know things can get very crazy as we get towards the election but certainly after the election i think they are uh so you know it's it's um for the foreseeable future the next year so i think it's going to be a real bull i don't see anybody who is uh who is bearish on gold and silver at this point in time everybody's very bullish about that uh because of what they're doing uh we got one more here let's see um uh oh well we'll get to that later that's not on the monetary stuff right okay um well thank you so much tony you really do appreciate it and again folks you can go to can go to Tony Arterburn's Wise Wolf Gold. Just go to davidknight.gold.

He set that up so he knows you're coming through us. And if you use the promo code 1776, he's got some special silver stuff for you. Tony, are you doing a show right after this show too? Yes, sir. I'll be live 11 a.m. Central Time on Rock, Finley America Unplugged channel and my Twitter at TonyArterburn and freeworld.fm. I'll be live. So yeah, come join me over there.

If you've got questions, get in the chat. We'll have a group discussion. Excellent. Excellent. Always interesting talking to you. Thank you so much, Tony. The David Knight Show is a critical thinking super spreader. If you've been exposed to logic by listening to The David Knight Show, please do your part and try not to spread it. Financial support or simply telling others about the show causes this dangerous information to spread farther. People have to trust me. I mean, trust the science. Wear your mask. Take your vaccine. Don't ask questions.

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