The David Knight Show - INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We?

Episode Date: August 15, 2024

AI already uses as much power as mining and will use far more in a couple of years.  AI can earn 17-25 times as much per kWh as Bitcoin.  Will Bitcoin be squeezed out?  If it relocates, will electricity for the rest of us be scare and/or far more expensive?Will Bitcoin be co-opted for CBDC?  What can we learn from the creation of the internet and the struggle for control?Trump says, as President, he thinks he should have a say in the Fed's determination of interest rates.  What does that tell us about his view of the Fed?Tony Arterburn, DavidKnight.gold, joinsMoney should have intrinsic value AND transactional privacy: 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: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 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.

and joining us now is tony artaban he has wise wolf gold and tony and i go back a long way and tony has set up david knight dot gold that'll take you to wise wolf a great place to get yourself some wealth protection uh as i was talking about yesterday people always talk about the price of gold but he said um but there was an article and and tony has talked about this in the past as well uh where this um one individual went back and looked at the price of a whole bunch of different things from how much does a ski lift ticket cost how much uh a beer cost at the octoberfest in Munich, priced these things in gold. Then he says, this is the key.

You look at the price in gold of something instead of the price of gold compared to a currency because it's all over the place with various currencies. But again, if you want to protect your wealth and store value, and if you want to protect your privacy, you can get gold and silver at wise wolf gold you can go david knight dot gold i'll take you there and also tony has the wolf pack which allows you to gradually accumulate you pick the amount that you want to set aside each month and you can get a group discount by being part of wolf pack thank you for joining us tony it's always good to have you on it's good to see you there thanks for having me i'm broadcasting from los angeles today i'm actually on the road really i was out recording it yeah i was supposed to be recording a podcast

so i'm out here on business and i didn't want to miss the show though and you're absolutely right uh bold over time uh just keeps its value and a lot of people mistake that and there is times when it's a great investment if you want to call it that but really what it is is a store of value gold is actually money and if you look at there's a meme that's really popular right now it says uh it has 10 ounce gold bars it's like 10 of these would buy a standard family home in 1920. And it's like, fast forward 100 years, 10 of these will buy a standard home in 2024. And I think that just makes people think like, well, what's the deal here?

What happened? Well, what happened was the separation of value between your currency and the money, which are two different things now. I mean, they can be the same thing, but right now across the world, we have fiat currency. That's again, by means by decree. So this isn't a fake currency set up by government so they can expand the money supply to pay for their mistakes and their corruption. And we,

the people are left holding the bag. And that's why it's something that I talk about all the time, understanding that there's been currency and, and that money has intrinsic value and stores of value. Yeah, and yesterday I talked about how there was an excellent article from, I think it's Mises Institute, talking about the fact that the Federal Reserve doesn't own any gold. They've got some gold certificates, right, but they don't get it. And I said, why would they? Because, you know, as you've said so many times, they're essentially at war with gold. They're trying to increase the value of the thing that they control. And so they're unique amongst all of the central banks

because they're at war with gold. But the other central banks don't want the risk of exposure to the dollar as a fiat currency. So that's why they're accumulating it, even to the extent that the People's Bank of China, their central bank, had lied and said they stopped buying gold in May. And then they said, but we've got the export tickets that they have to, when they export it from London, they got to file these reports. And so we've got the receipts here for how they were buying significant amounts

bought 53 tons just from that one source in may so it goes on and there's a lot of deception and lies and concealment with all this stuff but it's pretty clear uh the central banks understand what's going on they're worried about their exposure to fiat currency i think we ought to be worried about our exposure to the dollar as well yeah you always look to see what the elites are doing i don't like that term i need to stop using the term elites look to see what the parasite bankster class is doing and then you'll you can see where the trend where the trend is going with their their own experience they don't believe in their own money they don't hoard their own cash or own systems that article from the mises Institute did mention something completely ironic, though.

You know, the Federal Reserve and, of course, the United States itself is not buying gold. It's not a net buyer anymore. It hasn't been for decades, since the 1950s. It's really before the end of World War II. And the reason that they can't is because they are at war with gold especially since richard nickman took us off the gold standard in 1971 the federal reserve is at war or with gold because if it buys gold it increases the value of gold by by eating up the supply so when that when the gold price goes up you see the dollar is weakened So they're in quite a predicament.

Imagine the irony. And the article also mentioned that the Federal Reserve buys debt. It buys the U.S. Treasuries. And so if you look at the other central banks around the world, they are buying gold. And the reason they are is they don't believe in their own systems. And they certainly see that a, well, to quote Jamie Demon, an economic superstorm is coming. And I think that has to do with the amount of debt worldwide and the loss of purchasing power and currencies and the increase in the currency supply and the money supply. But there was an article out today that global debt has surpassed $350 trillion, which is basically almost all, if you look at estimates think that say that there's like 400

450 trillion in actual assets and value across the world some some estimates are like a total of a quadrillion i don't know but i think a lot of that is fake and so if you if you look at i think we're just a wash in debt there's just no way that if you look at all these, and this is something that Michael Saylor put up on the board when he was doing his presentation at the Bitcoin conference in Nashville, showing all of the different categories of where wealth is held and around the world, whether it's stocks or bonds or sovereign wealth funds or treasuries, and it's hundreds of trillions.

I'm really wondering, and of course, gold and Bitcoin were this tiny little corner up in the top left-hand side of the chart. And so I'm starting to think that so much of it, even the markets, are fake. And we really are headed for a chaotic revaluation, David. Oh, yeah. Yeah. 10% of that is just the U.S. government alone. And then, of course, you've got the U.S. businesses and consumers and so forth.

It is, I guess, maybe, you know, they can talk to Larry Fink and maybe he can save us all with some derivatives and we can keep kicking the can down the road indefinitely. But I don't think that's going to happen. As people, you mentioned Bitcoin. And, of course, you're talking about setting up Bitcoin ATM. I thought this was interesting, the fact that we talk about power usage, and this came from Cointelegraph. They said AI may already be using more power than Bitcoin, and it is actually a threat to Bitcoin money because they are going to be bidding for power. And because they can make more money per kilowatt that they use, AI can, with the services that it charges for.

They can make more money than the Bitcoin people can use, can make using electricity for mining. It's a bigger issue for all of us, really, because when you look at how incredibly massive artificial intelligence is in terms of its being power hungry it's going to make electricity unaffordable for us and just talking about how they got a record auction in the area around maryland because again they want to put ai close to the people who are going to be using it that's our government for the most part and so a big auction there and even though they had uh incredible had a 700 increase in, they still didn't have enough electricity to go around.

And so what does that say, not just for Bitcoin mining, but what does it say for us? march of 2022 that um the bite administration was attacking bitcoin and all crypto saying that the the mining process was using too much electricity they just look the other way don't they when it comes to something that's going to be used for propaganda surveillance and biometric identification they don't care what it costs well that's what i've always said i always thought that was a ruse they attacked bitcoin for energy uses or cryptocurrency in general for energy usage um but they wouldn't attack something else like ai and let's be rational about the whole argument you look at the amount of energy usage that just regular banks use just add up all the the branch locations the offices and it dwarfs Bitcoin by leaps and bounds so it really is uh just it's you know a false uh metric to use like well how much energy is used on Bitcoin and cryptocurrency and you're right I mean something like AI which is going to

be approved by the establishment or the ruling class will never ever be talked about so this is all fake i mean yeah um the power uses i think if you add up wasn't it like uh and i've read this before i could be wrong i think all of the bitcoin mining all over the world uh equals somewhere around the the usage of the country of poland i think like everything if you add all of it up and maybe not even that. But if you add up all the actual banks and businesses and associated with the banking industry, it's like 10 times that. So I don't think that's an actual valid argument on the energy usage. Yeah, it's especially when you look at artificial intelligence. They were saying that it reached a rough parity last year they believe they said it's a little bit hard to measure the ai stuff because uh it's also used for other things but they said if you calculate out as mit did how much energy it uses for ai to generate an image

is as much as fully charging your smartphone so So that's pretty, each one of the images that it generates, it's like charging a smartphone. It's very energy intensive. And they said in terms of terawatt hours that they expect in 2024, it's going to use 169 terawatt hours, whereas Bitcoin mining is using 125. So it's already significantly more. They think by 2027, it'll be 50% more, be 240 terawatt hours versus 160 terawatt hours for mining.

So it is amazing. And when I look at it, it's not just about Bitcoin and its viability, because they said there's this competition between them. They're going to be able to pay more for it. But I thought, well, what about us? You know, what's it going to take to turn on the lights and have air conditioning if the Bitcoin miners can't make a profit off of this stuff that is equivalent to the AI? If the AI has got so much power requirement and it's making so much money that it really doesn't care and these people have deep pockets, they're going to it whatever they're tied with the government they're gonna do

it with whatever what does that say for the power rates for the rest of us and and what that's going to do to inflation i mean it's just incredible to look at the near-term effects of all this stuff isn't it well absolutely and they're doing nothing to support the grid. It's Thomas Massey pointed out, uh, interviewing Pete Buttigieg. He says, uh, adding an electric car to a house is like 25 refrigerators.

Yeah. As you've covered before. Yeah. And so every house is going to add 20. Well, how, where's the grid that you're building to support that? The answer is they're not,

they're not building a grid to support any of this. Yeah. I'm in California right now. That's right. The AI people are going to build their own grid. And you talk about it being 25 refrigerators and that type of thing to charge your car. They're saying that the AI uses 17 to 25 times more electricity than the Bitcoin miners do. And they were trying to make that a selling point to ban crypto less than less than about, well, two years ago.

It's amazing. It's about the time that Elon Musk came out and said he was dumping his Bitcoin holdings and not going to use Bitcoin because of the energy usage. That was swirling around Bitcoin around that time. Now that narrative is, well, it's reshifted and I think they'll bring it back up and try to hide the fact that that ai is now training draining the grid more than more than crypto yeah yeah uh but what uh the reason that coin telegraph was using it was because they said well it's a real threat you know nobody talks about how are we going to uh live when they take you'll own nothing and all the by the way you'll have um no electricity either that's that's going to be

the future there because they're going to be pouring it all into ai and these other things you're not going to be able to afford it uh they they may go in and um set up their own personal private nuclear power plants but you're not going to be able to tap into that most likely they said they don't even have um they're always 100% uptime, whereas with Bitcoin, they said the one advantage that Bitcoin has on the grid is that they can essentially slow it down or turn it off depending on the grid, and so they can take advantage of lower power rates and discounts if they're using it at off-peak hours.

But with AI, it's always on peak. It's always doing this stuff. So that's one of the reasons why they're looking it off peak hours but with ai it's always on peak it's always doing this stuff so that's one of the reasons why they're looking at these other things but yeah when we look at the future uh that is the key thing it's not you know this is the reason i bring this up is because it is both inflation uh that is going to be happening to us and it is also uh the move towards uh central bank uh digital currencies and surveillance and all the rest of stuff because i think that really is the killer app of ai i think that's why uh it was designed by the government um let me ask you this because a lot of people

and i got a very lengthy uh article that i haven't gone through all of it yet from a listener talking about yet again we've heard this in the past that the government is behind you know we have this satoshi guy supposedly we don't know who he is but they said well we think it's the government that did that and we think that they're using this to as kind of a gateway into central bank digital currency that's always been my concern that and the fact that it's not really anonymous um and uh so you know a lot of people brought this up for a very long time i think katherine austin fitz talked about it six years ago uh but what's your take on that there was an article out recently uh someone's done a FOIA request to both the FBI and the CIA to find out what they know about Satoshi Nakamoto. Who was it? Was it a group of people? Was it an individual?

Look, I've been studying this for years, going back to 2016 when I wanted to get into the Bitcoin space. And I've read books on it. I've looked at it. I've read articles. I've researched over time. I do not know. However, those who believe that it's some kind of ruse created by the Central Intelligence Agency to get people sucked into a new CBDC grid, I think that if that was the case, then they failed miserably. Because what it has done is it's taken a younger generation of people and turned them on to arguments against fiat currency and central planning and central banking. It's created an entire subculture of younger people that no longer are going to look at the world the way that the educational system would like them to look at the world, like the Rockefeller educational system of obedient workers. I think there's a lot of the shift in consciousness from this last generation of looking at Bitcoin.

It's one of the reasons that, and I've talked about this before, that the Pentagon ran a war simulation three years ago or four years ago for in the scenario of a Gen Z Bitcoin revolt where Gen Z stops using the dollar on purpose as a protest because of inflation or, or, you know, loss of purchasing power or not being, uh, having the perception of not being able to, uh, to afford the same things as their parents and grandparents did. And again, that was a war game. So they know that there's, there's something with that. If you, if you look at the consequences of introducing it, then it certainly blew up in their face. I don't know.

Nobody knows the answer. I'm certainly not an evangelist for Bitcoin per se. But what I do think that is the idea of it is what's the most powerful thing. It's like Victor Hugo said, the one thing more powerful than all the armies on the earth is an idea whose time has come. Well, perhaps Bitcoin is just an idea whose time has come well perhaps a bitcoin is just an idea whose time has come and then the reason that i first and foremost you you know i'm a precious metals guy i like gold i want to hold it in my hand uh gold and silver do something that bitcoin can never do and that's existing in the third dimension they exist in the material world um now you can argue robert kiyosaki calls gold and

silver god's money because it's is put here by god it's going to be here long after you know we're gone but it's going to it's going to survive that and it's an element in the earth and it's finite you know you can only get so much gold or silver but you can we don't know how much gold and silver there actually is geologically that could be and there's in you know in outer space supposedly there's like asteroids with gold so we don't know it's it's it's more than what you know what we've already mined yeah um but bitcoin's finite so it's a really interesting system and i think it teaches people okay well this is what money should look like it should be scarce right it should be divisible uh it should be easily transferable

um and again should should hold a store of value you shouldn't be able to take like we do now with modern governments and they just inflate their way out of an issue which destroys uh the middle class it destroys people on fixed income it destroys those who are can't get upward mobility fast enough to outpace inflation we've seen that our own that's what our society is coming apart um you know with policies such as that and then of course free trade and other things but i i really do believe that bitcoin is a force for good at this point um and the jury's still out again i don't we don't know who the founder is and i always add on my

show whenever i talk about this thing we're in alternative media we look at the world a little bit differently a lot differently than than the normal person or somebody who consumes mass media but i do think we can get caught up in the fact that we don't have any wins with sometimes we have a win sometimes this could be an anonymous cryptographer. It could have been somebody whose passion this was. That would be the only way that Bitcoin could exist. The way it is, is the way it was adopted or the way that was put into,

put into motion. That's my opinion, David. You know, you look at the, the decentralization of it, that it's not owned by a company. It's not owned by a country.

Every other crypto tracks back to someone um that's just the way it is it tracks back to a to a group of investors it tracks back to a person um bitcoin does not and i think that's the only way you could truly have something this revolutionary and whoever whatever satoshi nakamoto was understood that yeah i i kind of look at it like i look at the internet you know um the internet uh was an idea from a darpa psychologist in the 1960s and then as i said many times as it started to get practical they started all these venture capital firms went public with it uh social media firms and things like that and that was a way that they started to get ownership of this thing

that was out there but there's this constant back and forth that is happening so we went through a period of extreme free speech and all the rest of the stuff and it looked like their plans had backfired on them but then they start to pull it in uh using these same companies that they had backed and put into operation to compete against each other but now there's a pushback against that you know we look i talked yesterday there was an extensive article on reason talking about a new platform called noster and and noster will you know if people want to use that for free speech they've got complete control over it anonymity at the moment apparently uh but it also you can exchange and pay people using bitcoin so it kind of ties into that bitcoin thing and uh who knows you know maybe nostre was uh something it had

some of the same developers uh from bitcoin but um a lot of these things are open source and you can look at them and uh regardless of what happens with it's going to be this constant back and forth the price of liberty is eternal vigilance and so if there's something that is put together out there by DARPA or by the CIA people might be able to take that and use it it might and and then there's going to once they put that out there it's going to be a struggle from the people versus the government and DARPA as to who's going to be able to use this to their advantage and that's kind of going to constantly ebb and flow in different directions I think the same thing may be the case with Bitcoin if they try to use it I there's been a lot of talk about

Ethereum being the backbone of a CBDC and how they could rapidly bring that in I think more easily than they could Bitcoin so I kind of think that they would do it with Ethereum. But there's going to be this constant back and forth with Bitcoin, and I think also certainly with the Internet. Maybe Nostra is going to be something people can use. But if it's not, there'll be something else that'll be out there. The people will try to use their system to enhance liberty while they're trying to use it to enhance tyranny it's always going to be that back and

forth just like there's a back and forth over the government all the time government could be used to increase our liberty or it could be used to in a tyrannical way and there's always a struggle going back and forth about how it's going to be used well that's exactly right. And the whole point of all of this is that the system set up by governments, especially this government and our central bank, is going to be ultimately a failed experiment. We can see it happening in real time. I mean, especially accelerated over the last five years, you have a currency system that is dying. You have a worldwide reserve currency system that's dying. The petrodollar is going away. So we're losing purchasing power in our dollar while we're expanding the liabilities of the United States, putting that. So the welfare warfare state continues to explode, spending and liabilities go up. So we print and print and print more money or more currency and that devalues it. So that ultimately, I think people are starting to catch on. This

isn't, you know, this isn't the generations past and we had the inflation in the 1970s, the inflation shock and all that. But we're not going to be able to bail ourselves out of this one. It's, you know, again, the United States was a trillion dollars in debt in 1980. It's $35 trillion today. As you pointed out earlier, it's about 10% of the global debt is here in the U.S. And that debt is only accelerating. It takes a trillion dollars a year just to service the interest on the debt. We go a trillion dollars in debt every 90 to 100

days these are facts and figures so there's a there's cropped up because of things like the and really this bitcoin was in a response um to the 2008 2009 uh bank bailout too big to fail too big to jail era you know where they had the mortgage crisis and the subprime meltdown and all that the great recession if you want to call it that um that was a response to that and this is you know they had occupy wall street and all those other things those are not that was another response but this is just throughout the the years since then you've just seen an outcropping of more and more people getting into the space whether it's crypto or whether it's even precious metals. I think there's a lot of entrepreneurs that are understanding this. And I've watched my business change, David.

It's changed rapidly over the last five years. It is really a complete transformation. I've seen more and more people starting to understand what this is all about. I think it's positive a there's a change in thinking going on um and uh you know i really do i think i think there's a lot of there's a lot of positive out of that because we're catching if those if you're paying attention now and you're starting to see how this all works you're catching some things early and you can do something about

it you don't want to be uh left holding the bag uh when the dollar really slips into um you know i don't want to use the term hyperinflation i'm not sure that we'll see that like that but we'll definitely see a devaluation that'll be more rapid than than what we've experienced over the last 10 or 20 years oh i agree i agree there was an interesting report from credit news about a august 8th uh press conference that trump had at Mar-a-Lago where he said he thought that the president ought to be able to have a say in the interest rates that are done by the Federal Reserve. He ought to be in on all of that. I thought that is just I laughed out loud when I saw it because I thought how typical that we would say look at a system that is as corrupt as the Federal Reserve, as unconstitutional and illegal as the Federal Reserve really is. And it's not illegal. I mean, they pass the Federal Reserve Act, but it is unconstitutional. But to look at that and to say, I want to sit at the table rather than saying, I want to reform this.

I mean, do we really? He makes the case. He says, well, I'm a very successful businessman, and I probably know more than these people at the Federal Reserve. So I should be having a say so as to the interest rates and how we manipulate things like that. After he's manipulated us with trillions of dollars worth of debt and the lockdowns and all the rest of the stuff. He wants to take control of the Federal Reserve. And this is the way that it is. And why is why I want to get completely out of the system.

You know, I just want to. That's why I like the gold and silver. It's outside of the system. And they it's not uh of course you know they can they can break in and steal stuff and or steal from wherever you got it uh if you got it with a uh you know at a um at another institution or something they can steal it there they can steal it anywhere but it's less uh of a profile than it is if it's a crypto thing. And certainly when you've got your money in a dollar, they're constantly stealing it all the time by their devaluation, aren't they?

It's amazing. Absolutely. And, you know, the Federal Reserve is to economics what the Warren Commission was to justice. Their charter was to ensure that the money supply was stable, that prices were stable. That's what that's the that's the ruse. That's what they came in that, you know, they engineered the crash in 1907. By 1910, November 22, they were in Jekyll Island planning the Federal Reserve. And as you pointed out, many times, you know, going into Christmas, Christmas Eve 1913, they just passed that Federal Reserve back. It is unconstitutional. Unfortunately, no one's ever successfully challenged that. I mean, they never overwrote the Constitution to put in the Federal Reserve. They just put it through. And kind of, you know, because if you look at the Constitution, the United States Congress

can only coin money, right? It has the only Congress can coin money, and it has to be gold and silver species. So that's something that isn't done anymore. And going back to that article you mentioned from the Mises Institute, there's some interesting back and forth between the U.S. Treasury and the Federal Reserve in the 1934 Gold Act, where the Fed had to hand over their gold, and then the treasury issued a certificate

i don't know if that will be something that comes to fruition in the future because i think if you looked at you know janet yellen was head of the fed now she's head of the treasury and i think we'll see more and more of this i i don't know that they're two separate entities really because i think that if you read the creature from jekyll Island, you see this is an international banking consortium cartel that really runs the – it's not that the U.S. government wags the Federal Reserve dog, right? It's the other way around. But I'm interested to see because a lot of my research showed that the – and you can read this in the book, The Killing of Uncle Sam, which is some Rodney Brown put out. It's really some great research on what happened to the gold after 1933 when Franklin Roosevelt did that executive order for you to turn it in. A lot of it went to Basel, Switzerland at the Bank of International Settlements,

if not a great majority of it. That's an interesting article that came out. And, you know, I think moving forward, I think there'll be, just like you mentioned, moving forward i think there'll be just like you mentioned david i think there'll be less and less of a a separation of fed and state yeah that's right that's what we should have is a separation of fed and state cut them off and we've done it in the past i you know last week i talked about an article that said we've ended the federal bank several times as an american traditionalist do it again uh but you know people used to be people look at you funny if you talked about

ending the fed ending the income tax and things like that but you know now that is there so it's at least a possibility in people's minds uh if not in the politicians minds uh tell us what what's coming up now you're in la uh are you going to have your broadcast immediately following this one today, or what's up with that? Unfortunately, no. I think I have just enough bandwidth here to get through. I wanted to make sure I didn't miss your show, but I probably will run a best of today just for scheduling and bandwidth.

I'm running off my cell phone right now because the hotel Wi-Fi wasn't that great. But, no, so, yeah, definitely a show next next week and we'll be on a regular schedule after that but i never i never want to miss our interviews well i appreciate that and it's always great to have you on again tony arteman wise wolf gold you can get to tony with uh david knight gold help you get there get gold small or large quantities and you can also start to accumulate it on a regular basis. That is something that people in America just don't think about saving anymore. But that is a great thing to do. And if you're going to save, don't save in dollars.

Save in something that's going to retain its value like gold and silver. Thank you so much, Tony. It's always great talking to you. Before I leave, David, if it's always great talking to you before before i leave david if it's okay i wanted there was something i forgot to mention the the the mainstream put out an article i thought was very useful there's a scam happening right now where people are getting especially seniors getting calls uh from someone posing as a treasury agent saying you need to put your savings into gold is for safekeeping and they have us have them that same people go and buy the gold and then they have a treasury agent come pick it

up that's not a treasury agent these are gold scammers i'm going to talk to my staff i i talked to one of my friends in rockwall texas who's a gold dealer friend of mine he had the same thing he actually was able to stop one of them but I saw it reminded me again today I was doing some research for for our talk and that came out on Fox News that's happening all over the country so wow the U.S government's never going to tell you to buy gold number one okay so that's a red flag they never want you to own gold they don't want you buying it uh they try to they they would want you to put your savings in Fiat currency so that's a that's a red flag right there. But, yeah, if you have any questions or something happened like that,

just give me a call at Wise Wolf and happy to put you in the right. Yeah, they're not a treasury agent. They're a treasure agent. They're a treasure hunter trying to pick on people. It really is amazing. But it also does tell us that there's so much more public awareness of gold right now, and that's for a reason. So thank you so much, Tony.

Always great talking to you again. David Knight.Gold will take you to Tony at Wise Wolf. Thank you for joining us, Tony. Have a good day. And I hope things go well for you there in L.A. We're going to take a quick break and we'll be right back with Eric Peterson. Stay with us. We'll be right back with Eric Peterson. Stay with us. We'll be right back. ¶¶ © BF-WATCH TV 2021 ¶¶ Defending the American Dream.

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