The David Knight Show - INTERVIEW Will "311" Start Banking Crisis?

Episode Date: March 7, 2024

Bitcoin & Gold hit ATH. The Fed Reserve and fed government is its own worst enemy as people flee to safer havens than the fiat dollar, betting against hyper-debt and more inflation. Is the banking... crisis going to kick into high gear on 3/11 or will they kick the can down the road?Tony Arterburn, DavidKnight.gold, joinsMoney is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFind 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: @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 all right welcome back and joining us now is tony artaban of wise wolf gold and tony's kindly set up david knight dot gold to take you there and let him know where you're coming through uh so uh thank you for joining us tony great to talk to you good to see you david thanks for for having me back that's a crazy week uh really old is has broken its all-time high again. Bitcoin broke its all-time high once again. And I especially like the headlines from the Wall Street Journal this morning. Bitcoin bulls cite a simple reason for its rally. Not enough coins. I don't think the market analysts and the teleprompter readers on these networks, I don't think they understand finite because everything is expanding. The money supply is expanding.
Starting point is 00:00:49 You can always inflate stocks. But for these reasons of gold going up, the same thing. There's confusion all across. You go to Kitco. You go to the market analyst. They're saying gold shock rally has analysts grasping for explanations. They don't know why gold is going up i mean jerome they're like well there should have been a small spike because jerome powell has hinted that they're going to lower interest rates to goose the economy ahead of the election
Starting point is 00:01:15 but they don't understand this breaking its all-time high again and if you read deeply into it somebody's finally getting it because they're saying, well, central banks are buying gold at a record clip. This is all around the world. And of course, China is not exporting. They got 60,000 gold mines. The Shanghai exchange is booming with gold. The India is buying gold. The people of India themselves are buying gold. So again, the massive demand is up. D-dollarization is in play the brix nations just announced that they're going to create a commodity-based currency system uh parallel to the us but we're in the age of de-dollarization these analysts it's so funny you know you would think that uh would bitcoin and gold be able to break its all time high in the same week?
Starting point is 00:02:08 That doesn't seem to go together, but it is, it's going together because what's happening to the dollar. That's the, that's the underlying story. Yeah. They're both in a, in opposition to the dollar. My son said, so these experts have discovered something called supply and demand. I guess what they're calling for is maybe we need to have Satoshi go in and do some quantitative easing on Bitcoin. Just make some more of them real quick. That's the appeal of Bitcoin.
Starting point is 00:02:32 My friend Charlie Robinson, when I was in Anarchapoco, he gave me a shirt. It just says 21 million. And I had to put that up on my social media. That's one of the greatest shirts. All it says is 21 million. Because what does that mean? That's 21 million Bitcoin. And again, I have history in cryptocurrency and being part of some of the first Bitcoin
Starting point is 00:02:49 ATMs. I'm a gold and silver guy primarily. But it's really about value. I mean, there's only so much gold and silver. There's only so much Bitcoin. And that's the issue here. We live in an era of just constant currency creation. You started the show off this morning talking about just the fiscal insanity.
Starting point is 00:03:08 I remember when I was 14 years old, the Contract for America, Newt Gingrich, my dad listened to talk radio. And I remember him saying like, this is what we need. We had this Contract for America. They're going to get this budget under control. That was the topic.
Starting point is 00:03:23 That was the raise on debt of the conservative movement was to balance the budget and to have some sort of fiscal sanity first so we can have a country. They have long since abandoned that. It's kind of interesting because besides term limits, the only other thing that didn't get done, of course, the Congress did get done the line item veto you know to try to get the the budget balanced and clinton was on board with that along with newt gingrich but that got stopped by rudy giuliani who was mayor of new york city said i don't want them having a line item veto i want more money here's this trump ally who was saying
Starting point is 00:04:03 yeah let's go into debt. Let's go into bankruptcy. You know, just like Trump's casinos, let's not have any fiscal responsibility or ability to veto any of this stuff. And, and, you know, when you take away that line item veto, then you wind up with these ridiculous omnibus bills that just keep getting bigger and bigger and more and more absurd because you can't go in and take out a specific thing there uh that is they they had the solution there but it was rudy giuliani and the supreme court that deleted that solution well let's not forget it it takes a little bit of money to to ship all the uh rubble from building seven and world traders there's one and two over to to china so let's not
Starting point is 00:04:42 yeah let's not forget that yeah there's all all the the establishment wants the unlimited printing press they'll always have somebody advocating for that when you go back the and they will put up the the fake resistance like you have donald trump on september 10 2001 saying we can't track 2.3 trillion dollars so we're going to set up this accounting office oh just over here next to the pentagon uh where the whatever hit the pentagon the next day and of course you talked to the lady who worked there and got out just just before that couldn't put two and two together that they have an accounting office that that's what this all tracks back to so yeah the american empire is coming apart david is coming apart because it's based off king dollar and dollar
Starting point is 00:05:23 domination and that is waning i think it's much faster than they've run the simulations to keep up with frankly i think that's why they we have uh multiple uh possible multiple fronts for a new war because you've got you've got ukraine you've got israel you've got uh tensions with with russia with china with taiwan i mean they're they're keeping their options open because the only way to truly save the dollar, well, at least stave off the collapse, would be a worldwide war. And I don't want that. Obviously, you don't. We're praying that we're wrong about all these things. But that seems to be the dark choices ahead for the ruling elite. And meanwhile,
Starting point is 00:06:03 the market analyst, it's so funny i mean i've got multiple headlines here but they can't figure it out what's going on with gold why are people buying gold what's going on with the central banks it's de-dollarization and there's a i mean an upheaval when it comes to uh the currency order around the world so this is this is the big headlines it's just like you mentioned that situation we had there with the lady who worked in that building and just you know what can you imagine you know what a coincidence is happening it's like and we have this you know all the time it's like these people can't put this together wall street journal i guess it's new york times
Starting point is 00:06:37 right uh said um you know they need more bitcoins you know so i mean people cannot put the basic facts together they can't connect the dots. It's like Monty Python. Oh, oh, therefore, if she floats, she must be made of wood. I mean, they just follow a regular progression here. And you're just banging your head against the wall trying to get people to figure this stuff out. But that's where we are with this. And, of course, another part of this is the interest rate. So we had Powell yesterday go to Congress and the House Finance Services Committee.
Starting point is 00:07:09 Question and answer period there. What did you take away from that? Well, they're dancing around it. I think they're trying to run out the clock. I mean, and get to the point where when they do lower rates and that is going to increase the money supply, it's quantitative easing. Liquidity will rush into the market. It's going to devalue the dollar that's what they raise rates faster than any time in history of you you and i've discussed many times faster than paul volcker did in the 1970s late 1970s early 80s to get rates to the teens and that was to stave off inflation so i think they're just really paying attention to the timeline here
Starting point is 00:07:45 uh the ruling class would would like to keep the economy somewhat stable going into the uh the 2024 election here in november so i think you'll see rate cuts but maybe two or three uh but they're going to have it i think will probably pass out of this quarter uh into the second quarter and then they will start lowering rates but who knows i at any time, this market could start to fall apart. And we watched that with the collapse of FTX and Silicon Valley Bank and Silvergate. We watched that over the last year. They stepped in, Janet Yellen and the Treasury and the Fed stepped in to stop the systemic meltdown. But I think what, again, they're going to, in the second quarter, most likely start lowering rates, and they may continue to lower rates
Starting point is 00:08:30 to keep the economy somewhat hot going into the election. And it's all political, obviously. The ruling class has a vested interest to keep the order that they have right now and the people in place. So I think that's what we're watching. It's just the timeline is what's important. They're not, they don't really care about inflation so much as they care about keeping
Starting point is 00:08:52 their power. Oh yeah. And it's interesting, you know, when you go, when, you know, Powell speaks, you know, like some great sage or something and everybody's hanging on every, everything they say, and they're intentionally vague and general about these things and i look at him it's like why in the world should these uh heads of the fed have this kind of power you know and he's saying well um we're looking at an
Starting point is 00:09:15 evolving outlook and the balances of risks but we think we're confident that inflation is moving sustainably towards two percent it's like, seriously? 2%? And then Business Insider covers for them. Business Insider says, oh, yeah, you know, he says, that's not what we're looking for. We want more evidence that's going to give us that inflation's on the path down to 2%. And they said it was already doing that.
Starting point is 00:09:39 Powell did say that inflation didn't have to fall all the way to 2% before the central bank would cut rates. They're laying all of this foundation for them to do something that is politically advantageous to Biden because of election year. And they're just trying to come up with some nonsense. I don't think anybody sees it moving towards 2%. If it was moving towards 2%, why don't they start moving the credit card interest rates down towards 2%? That would be the day, wouldn't it? Oh, that's the hidden cost of doing business in this country, the credit card companies. I've talked many times about how much money does the credit card companies make when the price of gasoline goes up?
Starting point is 00:10:20 I mean, they make more than the gasoline retailers. You're talking about $0.09 a gallon going just the credit card company just for existing with no investment in infrastructure and if you go back to powell something he said i didn't think it got enough media attention but this is about a year and a half ago and he said we don't think that we will cause a recession and we don't think we will have to so have to thank god with the economy yeah again you know this you people project so much magic onto the fed and it must be so complicated they must it must be so smart no they have two tricks uh it's a currency creation and raising and lowering interest rates that's it and again it's the money supply and a long enough timeline, it's kind of like zero hedge, you know, in a long enough timeline that survival rates for everyone drops to zero.
Starting point is 00:11:09 That is what the currency of the United States is a fiat currency. It's the oldest living fiat currency in the world today. The average lifespan of a fiat currency is 26 years. So we're double the average lifespan of a fiat currency. So this, the dollar, and again, I'm not saying the dollar is going to zero. It's going to digital. But what they're, again, careening down this path of history, you're only taking it to the bottom. You're not going to ever, this isn't a strong currency.
Starting point is 00:11:36 And if you know history like you do, you look at the 19th century, David, there was no inflation. And I say this all the time. Just put it in perspective. If you bought a pair of shoes in the time of George Washington to attend his inaugural, you would pay the same for that pair of shoes in 1902. Why is that? Because we had a bimetallic standard, mostly the gold standard after 1879. And the currency was so strong that you had a populist uprising to increase the money supply.
Starting point is 00:12:04 That was William Jennings Bryan. That was the type of country we had before so we're now we're on the opposite spectrum and you talked about you know the mat we're the greatest debtor nation in the world we used to be the greatest creditor nation we used to be the manufacturing marvel of mankind our arsenal of democracy all that was based on production now it's about consumption and it's about debt it doesn't end well. That's a great, great nations and empires rise on sound money and economic nationalism and then decline on free trade and debt and fiat currency. And then, of course, they justify their interest rate cuts that are coming up by the stats
Starting point is 00:12:41 that they're going to manufacture as well. Kind of rig these stats for consumer price index. And so that's what they're going to manufacture as well. They're going to rig these stats for Consumer Price Index. And so that's what they're saying with Business Insider. So all eyes are on this next report coming from the government, which, of course, we can all trust, you know, just like all the COVID rates and all the labor statistics. Their Consumer Price Index statistics are going to give them perhaps an alibi for them to do what they want, which is to cut interest rates.
Starting point is 00:13:06 And, of course, that is also going to be fuel for gold and for Bitcoin as well. People are going to look at it. They're going to these things as a hedge against inflation. That's really going to light them on fire even more so, I think. I think so. And that will continue to be the trend. And, yes, gold will have pullbacks, ladies and gentlemen, Bitcoin is going to have pullbacks. It's not it's not up and to the right forever. But I think what you're watching is a shift in consciousness around the world of people moving away from the dollar. This is a paradigm, a financial paradigm. And yes, there will be lowered interest rates. The money supply will increase. It will appear for a while that things are great and happy times are here again but you're it's just again it's
Starting point is 00:13:50 transitory i'm going to go back and use a phrase that jerome powell uses and janet yellen uses all the time trant or they did they didn't they don't use it anymore now they call it the terminal rate but it was transitory that inflation was transitory but all all of the things the damage has been done i don't think we fully realize not just the 2008 and 9 uh tarp funds and the uh the great recession but what happened with covet 1984 the massive amount of currency creation i just don't think people can fathom that 80 of all the dollars ever created were created in the last five years i mean i don't think people can truly grasp that that we've devalued our currency that much and that is the death nail for any real semblance of governance and financials and financial sanity and so the trains
Starting point is 00:14:36 left the station you go back to politics they go back to what you're talking about this morning yeah no one no one is ever running on they're not running on balancing the budget anymore they're not running on uh getting our fiscal house in order it's a free-for-all and i think uh the looting of the treasury has begun i mean that's why it stayed in local is so important you know katherine austin fitz talking about the the state banks uh for bullion uh and and there's so much going on in the local level and state level. It's great. And there's going to be competition with the CBDC, but it's not going to come from Washington. You can just, you can just look and you can read the,
Starting point is 00:15:11 it doesn't take a genius to figure that out. I mean, that it's, that it's. Yeah, it's a, we've got a couple of comments here. I like this one from red beard.
Starting point is 00:15:19 Johnny says we need to go back to tulips. Oh, that's my favorite. At least you could look at, at least they're pretty right. You knowips. Oh, that's my favorite. At least you could look at, at least they're pretty, right? You know, in that particular bubble. This whole system is a charade. Yeah, that's absolutely right. Atomic dog, bought 50,000 in gold, now worth 57,000.
Starting point is 00:15:36 Bought 8,000 in Bitcoin, now worth 95,000. Just saying. And that's the key thing. You know, a lot of people have said uh you know when you talk about the issues with bitcoin and there was an extensive article saying you know destroying the idea that it's a bubble and um what they were doing was they were looking at the cycle that goes through with having and what happens with it and that type of thing they said but there's still you know a lot of people who are not comfortable with Bitcoin.
Starting point is 00:16:05 That's the way I feel about it, right? Not comfortable with that if you don't like dealing in a digital format. And then there's also the volatility, you know, that rapid rise. I've been around other things like that with my experience with the dot-com bubble. It makes me very concerned when i see things going up really really fast because i know they can come down just as fast or faster so i don't like the volatility i don't like the digital aspect of it uh that's why i look at it but you know each to his own right we um as you point out you've had experience with bitcoin in the past i just like the fact
Starting point is 00:16:41 that uh i increasingly want to simplify my life. I want to have things that are physical. I want to have things that are maybe not as volatile, but are going to preserve their value. The purchasing availability that is being destroyed with the currency, that's what gold is really there for. And also for the CBDC aspect of it. So there's all these different things like that. I just, you know, I want something that is not going to be quite so volatile, not quite as risky, something that doesn't take a lot of brains to figure out, you know, I mean, gold, you got it or you don't have it. It's simple. You got to you got to keep people from breaking into your house to get it. But, you know, wherever you keep it, you got to
Starting point is 00:17:24 watch out for thieves. But you got when you got bitcoin or these digital currencies it seems like every thief in the world has an opportunity to take a crack at it to try to get it that's just the way i see it you know what goes up must come down you've watched the crypto markets and i've been watching it for years and they put in some very silly things attached to something that's actually i think uh very useful like bitcoin i saw a headline today there's a trump coin it's up 400 percent uh so somebody somebody made a trump coin it's up 400 percent and you know if you want to go buy trump coins fine uh and you know if you've got a way to exchange them out you might you might make a little bit i don't know it's not financial advice but that's the that's the silliness that surrounds uh there's people who paid uh ridiculous prices for the
Starting point is 00:18:09 trump sneakers like nine thousand dollars or something i mean he immediately doubled his money practically with that stuff so you know hey it's put your money in gold sneakers yeah there's there's so much going on with this david and you know you talk about uh you know sound money and and you know just hedging against inflation having something physical in your hand that's what gold and silver are they're staying steady and i think it's a real blessing that in the short term right now that that uh gold and silver aren't really reflecting the damage that's been done to the dollar so So it's still available to the public. People are still able to buy it. People are still able to get it.
Starting point is 00:18:47 I looked at the gold-silver ratio today. It takes 88 ounces of silver to make one ounce of gold. Just silly. Historically, that's just ridiculous. It has no bearing in reality. But even geologically, it's 17 to 1. So it doesn't make any sense whatsoever. But there's so much manipulation. And so I think it's 17 to 1, so it doesn't make any sense whatsoever, but there's so much manipulation.
Starting point is 00:19:06 And so I think it's a blessing right now for people to still be able to afford it. Personally, I don't want gold at $3,000 and $4,000 and $5,000 an ounce. It's going to become even harder and harder to obtain. The price fluctuations are bad for business. I like steady. I like just having a nice steady commodity price. And that again, the open question is, and I've heard this for years is okay. Well, Bitcoin's taking away so much of gold's value and, and, you know, gold should have this massive rally. Well, it's having
Starting point is 00:19:37 a rally at the same time that Bitcoin's having a rally, something is up. And that's what I think is really the, the, the key here to what you're watching in the headlines is that both are happening at the same time. All these analysts were saying all through the Twitter sphere the last week, well, there's all this money leaving the gold ETFs and these traders are putting their clients into the Bitcoin ETFs. Well, even if that is true, we still have the, the gold hitting its all time high. Why is that? Yes. That's the big tell. That's right.
Starting point is 00:20:11 Yeah. It's because people don't trust this financial system that they put together there. And that's the key that Michael Snyder, uh, has says, uh, has the banking crisis of 2024 already started. You know, that's the other thing he says, um, as of March 11th, they put in a, they've been propping it up because of the issues with commercial real estate and things like that. He says on Wednesday morning, shares of the New York Community Bank were absolutely crashing and Zero Hedge talked about it at the time.
Starting point is 00:20:46 He says there's a Federal Reserve program that has been propping up the banks, and that is set to expire on March the 11th. He said once the darling of the small banking crisis come back, New York Community Bank Corp. has crashed 45% to a fresh 30-year low after Wall Street Journal reported that they're seeking to raise money because they've been exposed and caught up in this commercial real estate crash, which again, goes back to the lockdown that Trump did.
Starting point is 00:21:13 And Gerald Santee talking about this now four years, it's taken that long for this thing to really unfold, but they've propped it up artificially. Uh, if they don't continue this on March 11th, Michael Snyder is saying, you're going to see a lot more of this stuff happening, and that could be the collapse of the banking system right there. Oh, nice. 311.
Starting point is 00:21:33 I'm sure that has nothing to do with numerology or any of the ruling elites putting that into a catch. Yeah. It reminds me of the 1907. These are manufactured events. They know what's going to happen when they pull the plug on something, and they're just positioning themselves. They position their friends.
Starting point is 00:21:55 They position the winners. They get rid of the losers. You got to wonder what happened. I wonder who Lehman Brothers made mad back in 08. I wonder why Lehman just went away. And you had to wonder. They were powerful. I wonder who that was because they weren't too big to fail.
Starting point is 00:22:12 So something's going on. I think this is about consolidation. When you look at the pressure that will be put on the banks when these commercial loans start to fail. I mean, we talked about it last week, the Canadian pension fund sold a New York skyscraper for a dollar to absorb this, to get rid of the debt because it wasn't moving anywhere. We have a real estate crisis in this country. It's going to start with the commercial. And you're absolutely right. It goes back to the lockdowns. It goes back to artificially propping up these systems and propping up. Because think of all the mass exodus. And Gerald Solente has been so right on this.
Starting point is 00:22:50 The mass exodus of people out of these offices into their homes to wire in for their jobs and remote and all this other stuff is empty. There's empty everywhere. I think our Buckminster Fuller talked about that the grift would get so big, the bubble would pop so big one day that these office high-rises will be turned into efficiency apartments for people. They would lose their original purpose because of the change in the economy and because of the consolidation, just less and less availability for competition to take place in the United States and the availability for the firms to rise up and lease office space and own buildings. We have a real problem. It's going to start with the commercial real estate. It'll bleed into the local and regional banking system first. And that will, again, this is where they sneak in all the tyranny. That's what you got to be really careful about. You know, being nimble, know your banker.
Starting point is 00:23:51 Where do you park your funds? Personally, I like to just be able to bank just to be able to get, you know, wires cleared and take care of customers. And then anything outside of that, I have either it's my own keys or I've got, you know, no counterparty risk, gold and silver in my hand. Yeah. Oh, yeah. Anything outside of that, I have either it's my own keys or I've got, uh, you know, no
Starting point is 00:24:05 counterparty risk, gold and silver in my hand. Yeah. Oh yeah. I would have liked to seen a Donald Trump's face when he read the headlines about that Canadian pension fund selling one of those New York skyscrapers for a dollar. Can you, you can make a cartoon out of that one. Uh, especially at the same time, he's got to try to raise some money that's the true art of the deal right somebody got it for a dollar frame that dollar don't let
Starting point is 00:24:31 that dollar go to waste that's right yeah that truly is amazing a couple of comments here sir and girl any money that you need electricity internet or passwords to access is not secure we've all heard some horror stories about bitcoin owners losing their stash at this point. That's key. You know, that's what I said before that even these billionaires, one of them loses nearly a million dollars and he doesn't know it until somebody tells him and how did that person know? Like he's, he's looking at it.
Starting point is 00:24:56 He sees a big transaction there and he, he said, and they traces it down to this guy. I mean, that one thing right there said so much to me about, I don't want to get involved in that. One person here says that three little birds says the dollar is going to fractionalize a digital like Bitcoin is going to go to Chateau. No one says bit tulips. Maybe we could have a, make it have bulb coin or something like that. That'd be another one that comes out. We'll have to see what
Starting point is 00:25:25 happens in the future my son says a flash drive could be used to hold entire wheelbarrows worth of flash drive wheelbarrows i haven't thought i haven't thought of that it's so funny these i hear this all that the analysts they always compare it to tulip mania if you actually go back and read the story you know read the history of tulip mania in the Dutch in the 16th century, these tulips were very rare. And then they started using them as a commodity to pass value like you would with a gold bar or something, because there's only so many. And then somebody figured out, well, these are valuable. We'll grow them. And they flooded the market. And then it just became so ubiquitous that it didn't matter. And so they compare
Starting point is 00:26:08 Bitcoin to that or something akin to Bitcoin or even sometimes precious metals. Like, well, there's just so much of it. I don't understand this mentality because tulips were infinite. And that's kind of like the dollar. If there's anything that's tulip mania, it's the dollar for sure, after 1971. I think the tulip bulb thing would have been fine if the city of London hadn't started that ETF over it. You know?
Starting point is 00:26:37 They'll always come up with some, take something that's real, and then add this layer of stuff. That's the other thing that concerns me about all this stuff. You know, it's supposed to be a good thing that these guys have put an etf on top of this thing to me it looks a lot like these securitized mortgages going back to the mid 2000s yeah i mean when when larry fink of blackrock comes out and gives it give us his blessing i start to just kind of i start to pull away and think what what is wrong here you know taking
Starting point is 00:27:04 a step backwards because there's something. All these financial wizards have been saying the same thing about Bitcoin. Even Warren Buffett would say things like about gold. He goes, it doesn't do anything. It just sits there. Yeah, it doesn't hold its value. It's a place for you to have some refuge from what the casino stock market or the unlimited printing of the central banks what do you mean it just so why are you criticizing it of course it just sits
Starting point is 00:27:29 there you can use it for for your savings and then he said bitcoin was rat poison oh yeah yeah that's an endorsement isn't it you know you go counterparty to all this stuff i wonder you know when when black rock and larry fink got into it and jamie diamond i missed it when they had the black satanic mass at madison square garden when they started their etf thing on it i mean it truly is these people they if they jump onto something like that you'd run the other way because they're they're going to tell you that when they're getting ready to dump it or something right uh it's uh they're not going to give you any inside information something that's going to help you that's for sure well i mean and then you know i think if you take a look at reality with a skeptical eye like we do if you know if you look at history if you believe in
Starting point is 00:28:14 god if you believe in evil on this planet there's probably always an angle especially in the financial world there's always a machiavellian angle it's never it's never just good prevails it's there's it's never that it's never that way. It's a mixed bag usually. So could they be driving up the price of Bitcoin using the ETF just to crash the entire crypto system and say, look, I told you we needed regulation because look at what follows it. You got Bitcoin going to 70,000, but you've also got Trump coins going 400 this is what happens in that crypto space a lot of people are going to lose everything that is good that's going to happen when it comes down because what goes up must come down that's the way the markets work um i don't know i mean they
Starting point is 00:28:55 use that they use manipulation in the etfs for gold and silver uh i mean that that's that's pretty apparent yeah so we'll see i mean i i, I try to keep the door open that maybe something's good. But at the same time, I talk about this all the time. Keep your head on a swivel. There's something going on here, and a lot of it has to do with de-dollarization. And that's key. You know, when you look, as you pointed out, when you look at both Bitcoin and gold hitting all-time highs at the same time. You know, they're both of them. It's an indication that everybody is losing all confidence in this financial system.
Starting point is 00:29:29 And everybody understands the government is going to pull the, you know, the rug out from underneath it. As this one headline says, Bitcoin will not kill the U S dollar. The government will. And that's what everybody's looking at. And, you know, it's like, and are they going to do it real fast and sudden? Because we've had a lot of these policies that have been accumulating for decades to kill the U.S. dollar. And they've just been accelerating and getting bigger and bigger.
Starting point is 00:29:54 And so I think that is really what is fundamentally there with people as they're trying to get out of the U.S. dollar. Everybody's trying to get out of it. Individual investors going to Bitcoin, going to gold and silver. All of that is something that's very concerning. Tell us a little bit about what's going on with Wise Wolf. Well, we're always just looking for a new supply. With the price increases, I tried to lock in as much product as I could for Wolfpack. I kind of saw the writing on the wall leading into kind of the momentum and headlines I was seeing. So I bought a lot of smaller fractional gold for the Wolfpack members.
Starting point is 00:30:26 If you go to davidknight.gold, you can join Wolfpack. There's a tab on there. That's an easy way to stack gold and silver. And like I said, we're under 1,000 members. I'd like to break that soon. I think we will because the more people that join, the better pricing we get. And again, that's one of the benefits having me always watching the pricing and locking in trades and trying to anticipate that so i can continue to
Starting point is 00:30:51 save while we're on the way up but like i said earlier the uh the price will come down i think there will be a correction there's always profit taking in gold there's always profit taking in bitcoin and things like that so as i think we'll see some prices come down but over the long term that's we're we're building wolfpack we're keeping our supply lines open and making sure that we can get uh take care of orders we've had a lot of people reaching out and and rolling over their 401ks and iras if you have it in paper uh you know when you've built up right now the market's hot and you've got all this stuff going on and jerome powell's announcing they're gonna well he's not he's not he's hinting which i whatever
Starting point is 00:31:28 whatever you want to be hinting i they're going to do it folks they're going to lower rates uh this is political so when they do you know they will they will drive the the value of your uh what so-called value of your 401ks and iras you may want to consider rolling that into a physical precious metals we make the process really easy you can go to david knight dot gold and and reach out to us and uh we've made that again within a week or two we can have it done uh so if you've got an existing paper asset ira or 401k you don't have to pay the penalties you can roll it into physical gold and silver uh and we do that for you and if you just want to make a direct trade david knight dot gold so that's my mission right now is to get people precious metals an affordable price while
Starting point is 00:32:10 we're in where i still can while we're in this uh that's right this financial spot yeah it's just getting started i think you know when we look at this hitting all-time highs but as you point out it's it's not gonna always just go straight up but it's it's uh you know that is certainly the trend especially when you see both of them happening that way and the wolf pack gives you an opportunity to take advantage of bulk pricing group buying and discounts and things like that as well as to just gradually you know steadily and gradually build stuff and that's the whole point of gold and silver i don't like riding roller coasters anymore in real life or financial instruments. You know, it's a roller coasters are just a little bit too much for me at this point
Starting point is 00:32:52 in time. And, um, I wish I had gone the slow and steady route a long time ago, but, uh, that allows people to do that. And, and it's great, um, uh, you know, dealing with Tony, I gotta say I've done that myself, uh, for a long time. And I really do appreciate Tony's support of this program, especially last week you matched pledges. That made a real big difference at the end of the month.
Starting point is 00:33:14 And I've got to really thank you for that, Tony. I really do appreciate that. I was proud of everyone. I was wondering how many. I said we have 56 minutes left. What can you put on the board on Rumble? Because I know it's great to donate to David on Rumble. Those are just credit cards that he can he can receive uh i don't know how timely it is i have a rumble account but i've never used it uh but that was great i was i was happy by the
Starting point is 00:33:33 way i saw that number of travis texas man oh that's great because these programs like yours we got to keep them on the air and um i mean a side note i won't keep you too much longer i was i was having dinner with my dad this last weekend. And I said, you know, Tom, I've been in the broadcasting for 10 years now. I was started out in radio in Dallas on 570 KLIF. And so I've got experience and I've built up a reputation, but I leave so much money on the table because I'm not a MAGA guy, you know, and I can't do it. And I was like, I should send Trump an invoice.
Starting point is 00:34:04 He's cost me a couple million dollars. And my dad's like, that's profit. That's probably, it was just, you know, he was backing me up on it because I, again, it, we're, we're just, we're trying to give you the best absolute analysis that we can. And I would listen to somebody who's leaving money on the table, not to join a train. You know, like if you don't, I don't believe in it. There's nothing folks that I, if I don't believe in it, I won't talk about it, period. End of issue. Won't do it. I just, at the end of the, I have to lay my head on the pillow at night.
Starting point is 00:34:29 If I don't believe it, and I'm just not going to be able to live with myself. That's just not who I am. I know, David, you're on a whole other level with that. So this is a man with absolute integrity. So I'm happy to, and proud to support your program. I appreciate that. I would also say, too, if you don't mind me making an announcement on the show, I changed my recording times for the Arterburn radio transmission.
Starting point is 00:34:53 We're going to follow your show today. If you want to stick around after David is off at 11 a.m. Central time, just go to the America Unplugged channel or my Twitter. Go to America Unplugged on Rockfin and my Twitter at Tony Arterburn. I'm going to do a live show. So starting today, Arterburn Radio Transmission following David Knight and, of course, FreeWorld.fm. And people find it at FreeWorld.fm, and you're talking about it's also on Rumble, Rockfin? It's also on Rockfin on the america unplug channel and at my uh
Starting point is 00:35:26 my twitter is at tony arterburn will be live there and uh i'm i'm sure next week i forgot to to mention it earlier so i'm sure next week i'll i'll be announcing more uh when to find me on showtimes it's just been so hard to get recording done lately i'm finally i just said i'm gonna do it on thursday so we'll follow our. It gets me warmed up at least. So that's good. That's good. That's great. All right.
Starting point is 00:35:47 So right after this show, you can hear Tony's, um, America Unplugged and, uh, on all the different places, Twitter, as well as on Rockfin and, um, uh, the, um, FM, I'm sorry. Give me that again. The free world. FM. You can just go to the website and listen live or, or, uh, the, uh, on Rockfin, the America Unplugged channel, or my Twitter at Tony Arterburn. And we're going to be there eventually on FreeWorld.fm as well.
Starting point is 00:36:10 So that'll be good. That'll be good to have all that stuff there. Well, thank you so much, Tony. I really do appreciate it. Very important support. And thank you for rallying everybody at the end. We really needed that at the end of the month, this last month. So thank you very much.
Starting point is 00:36:24 I appreciate that. All that you do, we really do appreciate it., this last month. So thank you very much. I appreciate that. All that you do, we really do appreciate it. Thank you. Appreciate it. Thank you, sir. I love the way that it is. The David Knight Show is a critical thinking super spreader. If you've been exposed to logic by listening to The David Knight Show,
Starting point is 00:36:57 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. Using free speech to free minds.
Starting point is 00:37:28 It's the David Knight Show.

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