The David Knight Show - INTERVIEW WorldCoin a "Tool for Humanity"? No, CBDC Goes Twilight Zone
Episode Date: August 10, 2023Globalists thought poor countries would be easy pickings but African nations are showing they're not willing to sell their souls."Debanking" escalates, China and other nations continue move away from ...dollar and toward gold, and PayPal is up to its old tricks of being a key member of the "Deputized State" 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)
welcome back and joining us now is tony artaban of wise wolf gold and of course tony has set up
david knight dot gold which will take you to wise wolf and let him know that you're coming through
us but it's always great to have tony on and every week we talk about this and we we haven't
gotten to the bricks thing yet tony but uh you they're, they're making moves on a daily basis
in terms of locking us down and identifying us in this whole world coin, uh, soap opera thing.
It just keeps going. Doesn't it? It does. And, uh, thankfully Africa's leading the way, you know,
they kind of led the way on COVID. Yeah. If you notice back, uh, during the, the, the scam Demick,
they would say, well, we don't have that the cases, you know, and we're not getting the vaccine and people were just baffled the mainstream media i wonder what's
what's going on with africa and of course nigeria with the central bank digital currency you know
they had adopted bitcoin so although you must love the cbdc and nobody wanted it and then you have
kenya i sent you this article yesterday and the leaders in kenya said world coin get out you're
not going to be
able to you know they're giving away 50 worth of credit if you'll scan your iris and uh you know
give your biometrics up to to world coin and they said get out and uh i thought it was funny if you
scroll down through the article they have uh the quote from sam altman and he says uh tools for
humanity is what they're calling this
rollout tools for humanity.
And I immediately thought of the twilight zone episode, Mr.
chambers, that's a cookbook tools to control humanity.
It's tools to enslave us.
And it's, it's so evident too.
Um, and I'm glad, I'm glad that Kenya gets it.
They understand these guys are aliens.
They've flown in.
They've got the, as you point out, the Twilight Zone episode.
They're there.
We're just here to help you.
Um, and, uh, we're here to serve mankind, serve man.
Yeah.
And so the guy gets on, he looks at it, he goes, this is a cookbook.
And, uh, yeah, the world coin thing is a cookbook.
And as you pointed out, you know, we got, uh, Sam, um, alt man pushing an altcoin as well as Sam Bankman,
who pointed out that last week.
That is true.
But, you know, we look at, you know, Nigeria rejecting this,
rejecting their CBDC, as you pointed out,
Kenya saying, get out of here with the world coin stuff.
But we've also had, you know, and the rejections of the COVID stuff.
I had a listener who lived in Africa, and he was writing this stuff.
He says, yeah, the Europeans are freaking out,
and they're trying to get out of the country and get back home and everything.
Everybody else here is just going on about their normal lives,
all the people here in Africa.
And then there's another one showing how they are really thinking independently,
and that was Uganda.
Remember they came out and they said, well,
we're not going to do this LGBT stuff. We've seen how that's played out in the West. And you had
even Ted Cruz, you know, shaking his finger at how dare them do this and everything. They said,
look, we don't care. Uh, you can put economic sanctions against us and we don't care.
Uh, we don't want your money. We're not going to sell out our families to this agenda. And, um,
and now they are putting sanctions
against them and, uh, they still say we don't care. Well, good for them. And I think it really
goes to show how brainwashed the West has become because of our mass media. Yes. Africa generally
doesn't have that. I mean, are they showing CNN in the airports or I don't know, do they have that
contract all over the continent? I don't think so. And I think it's pretty apparent. I mean, there's a rejection there on that level
because we have mind control here, uh, stronger than theirs. And, uh, our, our populace is,
is subject to that. And also I think, you know, we have a bad case of affluenza here.
You know, we're so addicted to comfort and the money and, uh, they aren't, you know,
they have this agrarian society which
jefferson said it's kind of the you know the backbone of uh of you know self-government and
that type of thing they're they're even you know they're putting the the what they're offering
these people to get a scan of their eyeball and put them in their database so they've got a tool
to control humanity they're only offering them 5050. These people are saying, stuff it. You know, they know that if they were to offer us $50, that's a pittance to us. But it's significant
to those people because they're operating in a poor area. They're self-sufficient, essentially,
with their agriculture. But, you know, they're not going to sell their souls for 50 bucks and
tell them to take a hike. But we do this kind of stuff, as you point out, primarily because
the media propagandizing
people, but we also, it's like, Oh, don't take away my money. You know, we, we've, we've come
to love money so much that if they come after us for some bigger dollar amount, we probably would,
you know, I mean, you look at it, it's like, okay, we wouldn't do it for 50, but let's say that they
offered an amount to Americans that was significant to us. Let's say
that they offered a thousand dollars or something, right? Cause we had people lining up to get the
shot when you had DeWine offering a chance to get to win a million dollars, right? People lined up
for that. It was a minuscule chance. Yeah. I guess we sell our prices really pretty low. That's like
the game of scruples.
We realized when we were playing that game one time, we said, they just keep asking us the same three or four questions and changing the price tag here.
You know, so some people's prices, uh, the Krispy Kreme donut, I guess one Krispy Kreme in the hand is worth a million dollars in the bush.
Right.
I think it kind of looks like a Facebook's Libra. Remember that failed experiment? I don't
know, David, maybe they'll try to get Americans to take it for free. Maybe it'll be some kind of
social pressure or something like that. I don't know. I mean, definitely you make a great point
there at $50 and after that's a lot of money, you know, and, uh, for, for them to stand and say no to that,
I think is amazing. Yeah. Well, you know, you talk about Libra and in the middle of that white
paper that, uh, Zuckerberg was putting out there to try to make himself the world's banker. You
know, this is going to be the global currency. He said, this will become a de facto global ID.
You like me now, you know, can we do it now? And so Altman is doing a couple of more things.
So what he's doing is he's saying, well, not only is it going to be a de facto global ID,
but it'll be a de facto biometric global ID.
And we will also start getting people accustomed to universal basic income.
So he's sweetened it to a couple of different levels.
But I still don't think that they're going to go with him to do that.
I do think that they will give him all kinds of concessions
in terms of artificial intelligence and monopoly carve-outs
that he went to Congress to get.
I think they're going to give that to him.
They're going to give that to the Microsoft competitor.
But I don't think that they're going to go with a WorldCoin.
I hope not.
Well, it may not be Mr. Altman, but they don't think that they're going to go with a world coin. I hope not.
Well, it may not be Mr. Altman, but they definitely love this system. He's going to be rewarded for building the technology because this is the ultimate goal. And you talk about central
bank digital currency and you look at, and they may use this public private partnership stuff.
This is really fascism in the 21st century and they've they've become
really good at this over the years so i i think that there will be some looking at the rejection
of central bank digital currency is this are they floating this as a way to merge it you know make
it look like it's a a launch of a crypto you can get rich doing this and you just you know give up
your biometric data everybody's doing it um And then they link it up to governments.
Yeah.
You know, and language is everything.
It's a world coin.
It's a federal reserve.
You know, all those things, those words matter.
Yeah.
Oh, absolutely.
And, you know, when you're talking about these tools for humanity, the other thing he said was the company argues in the future when AI is, quote, fully functional,
it will be difficult to determine whether a subject
is human or machine. So that's why you've got to verify your humanity to them, right?
And as I've said before, they keep creating these crises, okay? We've got an open border because
we're pulling people in with a social welfare net and all these other things. And so we have
these manufactured crises. And so we have these manufactured crises.
And so you're going to have to get a,
an ID,
you know, it's going to be the solution to everything.
We got pornography is a problem.
So you're going to have to have an ID to use the internet.
In this particular case,
we've already seen this argument,
you know,
deep fakes,
we've got deep fakes out there.
Okay.
So we're going to have,
they've,
they've already in place,
put their solution,
the coalition, the coalition for content provenance and authentication, Microsoft and DARPA, putting that out there,
getting the CPU companies, getting Adobe and the software creation companies to put an ID on
everything that we create, because AI might do something fake. They don't put it on AI.
They don't put the ID requirements on the people coming into the country.
We're thinking they put the requirements on us.
Everything is a crisis that they manufacture to,
to route us into their solutions and their solutions always involve some kind
of an ID.
It's just amazing.
Yeah.
Who knew?
Yeah.
The Hegelian dialectic.
It's their,
it's their favorite game.
And now you have people have to prove they're not AI instead of AI trying having to prove it's not a human it's totally
backwards and that's the system they want to build this is the technocracy this is what you know I
was looking at technocracy.news this morning Patrick Woodside he's got a great great articles
over there one of the articles you know we can talk about is just uh that you know we're going
to get into China and
buying gold, but all these central banks buying gold, and this is part of the technocratic system.
I was going to read a portion of his article today. It really captures the essence of what's
going on. When I come on and talked about metals with you, why are we doing that? Why are David
and I talking about precious metals? It's because this is historic, ladies and gentlemen. We're watching the rollout of central bank digital currencies.
They have the technology to capture us into a one-world currency.
When they push it, they can do it.
But we're pushing back against that.
And you can see the game is about to change, whether we're talking about the BRICS nations,
a meeting here coming up on August 22nd.
That's Brazil, Russia, India, China, South Africa. Now they've got Saudi Arabia in the periphery, Mexico, possibly Japan.
Momentous shifts in the global economy and what it means for currency, for money, for transactions.
Everything is about to change and it won't change in one day. But what you're watching is a series
of changes and all of
these things matter this is a story that goes together it's it's uh really historic that's
right and of course at the same time we're seeing uh this massive move in the uk to debank nigel
farage and other people following on with what we saw from paypal where they went after the guy
that's got the daily skeptic and and that got a lot of attention from the mainstream press there.
But, of course, PayPal has been doing that for quite some time here in the U.S.
They did it to me back in May of 2021.
But, you know, now PayPal is coming out.
So you've got a couple of different things happening.
People are saying, well, if you haven't been debanked yet,
you're going to be debanked eventually.
They might debank you because of your political views
or your climate views or your religious views.
They might stop you just because they don't like your consumption habits and that type of thing.
You've already got Bank of America snitching on people who use their credit cards to buy guns.
They turned that information over, uh, may red flag that. And of course, bank of America was, uh, uh,
turning over all the transactions of people who were anywhere in the vicinity of, um, um, you know,
January the sixth. So they could be part of this dragnet for the FBI to look at that.
So all these things are happening. And I wonder, Tony, if this debanking aspect is just another,
uh, leg of this to push people into their CBDC to say, well,
you know, you're going to have to go into, you know, the private banks are not going to let you
be in there. Well, but you know, because we're a government, we got to let you in. And so you can
still, you can't use a private banking system because these people are just following their
own prejudices. And of course, that's a lie. We've seen that with the free speech stuff. They're just the deputized state. But they might put out that lie and say,
well, they're private companies. They can do whatever they want. We don't agree with that,
but they can do that. But you know, if you want to be able to buy and sell, you can always use
the Federal Reserve's Fed coin to do this stuff. We're not going to kick you out with the federal
government. We can't do that. I don't know i i don't think people realize just
how many millions of americans don't have a bank account yeah they're not bankable either something
happened in their past maybe they went through some financial hardship and they got overdrawn
and they owed a bank not everybody can open a bank account yeah and again that you're exactly
right and i've i've been thinking about that i mean it's just and it keeps growing yes the number of americans that really and then you can get into some really they they prey upon those
people too they get them into really bad banking accounts charge them for everything their feed up
and down um so yeah that you're exactly right it's just it'll be the solution whether it's the loss
of purchasing power of the dollar or economic hard times it kind of like world coin is offering the 50 to give away your biometric data same thing with cbd cbdc central bank digital
currency will be tied to you by either biometrically it's going to be tight your id your
wallet it's not like bitcoin where i can go download an exodus wallet has nothing to do with
an exchange you send me bitcoin that's my bitcoin i own the keys
this will be something totally they'll own the keys to your wallet and uh you're sacrificing and that will be your freedom and your liberty for your ubi for your universal basic income
that's right yeah they're going to put a an id tag on us like as their livestock and of course
they're going to track everything that we produce with this CCPA. Of course, they call it the C2PA because they don't want you to see how much it's like the Chinese
Communist Party of America. But that's what that is all about. And PayPal has had this history now
for a couple of years. They've been kicking people off they didn't like politically. They didn't get
any attention drawn to it, even though I know other people that have had this happen to
them as well. In the UK, they got attention drawn to it, and then there was a lot of threats made
to them. As a matter of fact, they even put out the thing where they were going to charge people
$2,500. Remember that? And they came up with this. They go, well, I don't know how that got there.
Strange that you would say that. I don't know why you would say that. And then they said,
that's just a mistake. And everybody goes, you put out this legal document and you say you don't know how that got there.
And then they showed that they were lying when all the heat died down after a couple of weeks.
They put it back in.
And now they're out there pushing a stable coin.
And, you know, again, why, Tony, would PayPal tell you that you got to use a PayPal stable coin?
I mean, why would they interject that into the mix?
What do you think?
I wonder,
I wonder why I think a lot of these,
these moves that are being made,
you know,
the,
the bigs are consolidating more and more.
We watched this through the silver gate banking crisis that the,
uh,
when crypto with FTX and at least regional banks started to hemorrhage.
And the,
the big started saying, looking at that.
And I think just licking their chops or waiting to waiting to buy them up.
Um, and again, I think PayPal is really untouchable at this point.
I mean, they've debanked people, they've censored people, but they keep on moving.
I have to use PayPal.
I use PayPal right now.
And I don't like to, uh, because I know their stance.
I don't use it.
Cause they won't let me use it.
I actually tried to, I wanted to buy something.
It wasn't very much money and it was like some kind of a, you know,
music sample or something.
And these people only would sell that if you had PayPal.
So it was like, well, I can't get it, you know?
And, uh, so yeah, PayPal is, um, I've been banned personally from using any PayPal. And in the UK, they now have a parental group called Us for Them.
This grew out of the pandemic and the lockdown of the schools.
And so they brought this group together to try to get the schools open.
That falls in the category of be careful what you ask for, right?
You just might get the schools reopened.
But because they didn't like their politics and
because they were against the COVID narrative, they've now had their accounts being shut down
by PayPal. And so they're making a big deal out of this because PayPal's in a legal situation
where they're supposed to get validated by the regulators this year. And if they don't,
it has some big consequences for them, perhaps.
So they're trying to do this to make sure that they can't keep
and get attention, to make sure that they can't stay in business.
But again, PayPal is so big, and I don't know what Musk is going to do.
Again, Musk and Peter Thiel were the ones who started PayPal
and brought the PayPal thing together, merging their companies.
And so now the two of them are looking at creating perhaps a competitor, X, you know,
that's going to be this all comprehensive thing. They want to do payments as well and become like
a, you know, Weibo in China. But he'll probably come in and that may be one of the reasons why
he's fought so hard with Twitter to show people that he's going to be a free speech platform. Maybe he's going to use those creds
to say that he's going to, you know, we're going to do payments as well, and we're going to push
back against what PayPal is doing and these various governments are going to do. But I still
think that ultimately they will go that way, don't you? It'll be kind of a rope-a-dope thing.
Well, they've done this before.
I've seen this.
It's free speech with the digital public square.
Come on down.
Bring your content.
Don't worry about websites.
Don't create your own individual thing right here.
That's where everybody is.
And then years down the road, they say,
we don't like what you said, so you're deleted.
That's right.
This is, I think, our version of the social credit score.
That's what's going on right now.
It's sophisticated.
And, you know, you're talking about PayPal with stable coins.
We're creating different classes of people, David.
That's what's happening.
Where people that are allowed to take part in commerce allowed to to post on social
media those there's going to be that class of people and then there's going to be the class
that you know they invested their time they they they joined they did all the things until they
spoke out maybe they uh talked about the constitution or christianity or just said
something wrong think and that will get them banned and again that's the that's the the
the two the two systems the um the double standard that i think we've been seeing across the board
here uh really and kicking into hyperdrive in the last three years yeah i agree i think it is just
they see a marketing opportunity in the same way that rupert murdoch looked at the news and said
he's not a conservative of course he looks at the news and said, he's not a conservative, of course. He looks at the news and goes, oh, all of them are leaning left.
Let me do one that's leaning to the right.
And so he creates that.
And then when he goes to talk radio, he says, well, most talk radio is conservative.
So let's do a talk radio leftist network and that type of thing.
I think that's what Musk and Thiel are going to do with their X platform.
It's going to be the same kind of rope-a-dope, as you pointed out, that the internet was
all about and social media was all about.
And Drudge, for the longest time before he switched, you know, he would say, well, while
they're setting up a social media is a gated area.
You go in there and everything is free at first and then they shut the gates, right?
It's a gated community and then they're going to turn the gas on in this prison, you know,
which is really what we've seen now happening with free speech.
So what is going on with the central banks?
We're still a week or so away from the BRICS meeting to find out what's going to happen
with that.
But China has been buying a lot of gold.
As a matter of fact, the other day I was talking about how much the public is starting to buy gold as well now.
Yeah, there's an article, there's two that I wanted to talk about.
One, Zero Hedge.
I sent this to you yesterday.
China buys 23 tons of gold for the ninth straight month of purchases.
If you go into the article, and it's something I've been saying, first of all, they want the world to know that.
There was a while that they hid their purchases, and every central bank except one around the world became a net buyer of gold after 2009.
And the one that was excluded is the United States of America because the Federal Reserve is the world's reserve currency.
The dollar is at war with gold.
It's at war with value if it starts purchasing gold and it and it buys into the global supply it's going
to drive the price up again that's detrimental to the dollar and you can see that but something
interesting in this article david and again this is they've broken all the records since the
records were kept in the 1950s central banks buying gold in the last couple of years especially last year and then this year they're just breaking all the records you go down and you
talk to or you look at the article and what they're talking about is the the fact that
central banks like the european central banks and and the federal reserve historically when they
raise rates it drives the price of metals down you You go back to Ben Bernanke in 2009,
2010, and he says, look, the price of gold was reaching close to $2,000 an ounce.
The Federal Reserve stepped in and said, okay, we did tarp funds. We're never going to do that
again. Don't worry. The dollar is sound. And again, people started dumping their gold holdings and it drove gold close to $2,000 an ounce and it drove it down to $1,100 an ounce.
And people walked away.
Silver was breaking into the $ raising of rates it's still keeping prices high
because the amount of demand is historic and it's not you know you you're right people are buying
gold and and uh i covered this in the last couple of shows i did millennials are are outpacing my
generation of gen x and uh the baby boomers by a large margin. Unfortunately, they're buying ETFs, but they start to see the writing on the wall.
I think the younger generations understand that there's a historic shift going on in what value is.
And Patrick Wood had an article up, same thing.
I just looked into technocracy.news this morning and uh same same thing there the uh the central bank's buying
gold and the the issue with where we are historically is that mathematically they can't
maintain fiat currency's dominance i'm not talking just about the dollar just fiat currency in
general david in the modern era we're used to throwing around
numbers like trillion right this is something unprecedented as you know and i asked people
can't even imagine how long ago you know i asked people how long ago was a trillion seconds
and it seems like it can't be that long well it's 32 000 years all right because a billion seconds
is 32 years it's 32 years ago.
So that's like, that's obtainable in your mind.
You can wrap that, but you, but that's how far removed a trillion is from a billion.
It's a thousand billion.
Yeah.
So it's 32,000 years ago is a trillion seconds.
Folks, these numbers that are, that are tied to fiat currency and central banks are unsustainable they are not going to
last through this century and uh the the powers that be know this by the way they're not telling
you to buy gold yeah they're not the central banks aren't today no no no no it's uh the go remember
the golden rule he who has the gold makes the rules yeah so this is i think these are the big
stories and i think you know we cover
this and i'm so glad to talk to you every thursday about this stuff because it's so important it's
not that i'm coming on and wanting people i'm not an infomercial i'm not telling but just buy gold
for me and you know that that's not that's not what we do but it is understanding what is about
to change that's why david and i broadcast I really want to talk about history and how you can prepare and be ahead of it
because so much of this narrative benefits the wealthy and the elite,
and that's what they're doing.
Watch what they say, not what they do.
Yeah, we're at a period of time as, what was it, Lennon, who said that?
In the next few years, we're going to see decades happening in each year.
We're going through a period of very rapid change.
They understand that. we should understand that.
These same people who talk about millennials and who came up with,
who coined that term and these different generational terms and who started talking about Strauss and how we talked about the fourth turning and they
predicted all the things that have been happening here.
Not because, you know,
they are psychics or anything like that, or they didn't,
they didn't have artificial intelligence either.
They just looked at history,
and they saw a cyclical thing happening every four generations.
I've got a comment here for you on Rockfin from Brian Taylor.
He says, what should young people who don't have a lot of money for gold
and silver do to prepare for CBDC?
Well, you want something outside of the system you want to understand uh how to use a decentralized cryptocurrency wallet i don't have
anything to do with it but i would look at something like exodus cryptocurrency is important
the other side of that coin is actual coins gold and silver um if you don't have a lot of cash
first of all you can look at
uh wolfpack and you can go to david knight dot gold we've got a package for fifty dollars a month
called the lone wolf package we're gonna put silver and gold backs we're gonna put
uh you know a lot of fractionalized coins in there for you that's the key fractionalized coins that
is also something that's very important because that's the big you know dig against gold and all
that kind of stuff you know well you got a coin and it's worth two thousand dollars now or
whatever it's going to be in the future uh silver makes that a little bit easier but then there's
also fractionalized gold coins and gold you know paper that has gold embedded in it those things
are going to be very important i think goldbacks are great we order goldbacks every month for for
wolfpack members fractionalized
uh you're going to pay a little bit more premium but again when you're holding a let's say you've
got silver dimes you know they made fun of ron paul back when he ran for president in 08 he said
you know i can get gas down again to a to a dime a gallon and everybody laughed and he said well
actually a silver dime is worth about three dollars. Yeah. You know, and, and again, that's, that's the separation of logic.
You know, we don't teach about money in school.
And for, there's a reason for that Henry Ford said, if people understood the banking system,
there'd be a revolution by morning.
I think he was right.
So we're being robbed.
And that's the way you have, when you hold gold and silver in your hand, you've got something
physical.
There's no counterparty risk
just you and that coin you can trade it for something and that person's going to take it
in exchange for whatever they have it's that's how you stay outside of the central bank digital
currency those two things and maybe cryptocurrency is going to get harder over the years i hope it
doesn't um you know i'm still optimistic there because there's more and more adoption every single day.
Well, there's a fight right now with SEC trying to shut down CoinDesk.
They said to them, well, we're going to shut you down for every cryptocurrency except for Bitcoin.
And as I talked about that, so why did they exempt Bitcoin?
Well, because they didn't want to go against we the people.
There's too many people involved in Bitcoin.
They'll do it incrementally. They'll set up a precedent and say, well, we're going to all of the cryptocurrencies, but Bitcoin will treat them as
securities. Well, if you go that route, it's only a matter of time before they say the same thing
about Bitcoin and use that as a verification to ban it. So there's different things that we can
do. There's risks with all of these different things. So you ought to try several different
things, I'd say to you, Brian. But also, you know, what Tony was talking about there, you know, silver is available
in smaller sizes and it's less money than gold is, but you can also get gold in these small
fractionalized amounts. And as Tony said, the premium is going to be a little bit more for that.
But when you look at something like, you know, the alternative, mentioned tony you got a lot of um millennials
who are buying uh etfs they're buying paper gold or paper silver but they need to realize that and
i realized this because i was buying it for my ira for a while i put it in paper gold and paper silver
but then i realized wait a minute these things are not tracking and i started looking at why
isn't the paper gold and paper silver why isn't it tracking the spot price of gold then i found out that there may not be anything there it's got to be
something that you actually hold and you can hold small amounts of it and you can buy it incrementally
as as he pointed out with the wool pack program or something else like that so uh that's a
sophisticated system of manipulation when you're trying i don't even know how it works i read a
couple of books on it there's some researchers that I think have nailed it over the
years how the central banks work with the bullion houses to suppress the price yeah you know I guess
if I don't think we're seeing the real see the real price of gold and that's what's so interesting
about what I do you know Nixon took us off the gold standard in 71. uh it was 35 an ounce
by the end of the 70s is close to 800 an ounce but does that mean that gold went up in value and
there's a difference between value and pricing because they're a purchasing power and that's
that's what we're in right now I think the the the powers that be know this there's going to
be a revaluation of currency across the board and
these countries are getting together like the bricks Nations and they're and they're going to
try to I think announce on the 22nd or sometime after some sort of gold back currency that for
for their countries and kind of the you know the incubation stage of whatever gets going to kill
the dollar and it's maybe a series of things but that's what
we're up against and it's uh the dollars on its way out uh other nations know this and uh they're
banding together gold it seems to be uh carrying the day for those who want to uh seek shelter from
the devaluation storm yeah yeah yeah when i started looking at the uh the paper gold stuff as you
pointed out we've talked about this in the past it really is kind of like a Fiat metal.
And I saw it was coming from the Shanghai gold exchange. And it's like, Oh, okay.
And there may not be anything at all there. And of course, there's a lot of people who,
who question what is really there to back this stuff up. And as you pointed out,
it looks like they're manipulating the value of that. Uh, but you know, when you look at it with,
uh, uh, gold IRAs, one of the articles you sent to me with three big reasons
to open a gold IRA now. And, uh, I think a lot of people don't realize that, uh, you don't have to
invest in the paper, gold, paper, silver, uh, that you can actually invest in a physical gold
with a gold IRA. talk a little bit about that
i sent you that because of that re i think a lot of people are just misled they don't are just misinformed they don't understand that uh you can buy physical precious metals with your
ira or 401k and you know the 401ks and the iras linked to all this paper uh the stock market and
the market itself and you know goldman sachs even put out a a report
this year that said there will be no more returns from the stock market this year in 2023 um and
again i'm not an investment person i make that pretty clear on everything that i do i have gold
and silver to me or money uh it's it just houses i'm a protection person i want you to protect your
your wealth and you know wealth is and i think, gold and silver are a representation of energy and work.
And so that's, you know, you save.
And an IRA that's backed by gold and silver, that's your gold and silver.
It goes into a third-party vault.
It's very easy.
If you have an existing IRA, and we've taken care of a lot of David Knight listeners on this.
If you have an existing IRA or 401k, you can go to DavidKknight.gold and contact us. We can show you how you can convert that.
And there's no penalties to convert an existing IRA or 401k into a gold and silver IRA. And I'm
talking, this is your metal. Like if you, you had $10,000 in an IRA, David, you could take that,
convert it into a gold and silver precious metals IRA. You pick your vault, which is like nine over the country.
I use Dallas, but you have to put it in a third party vault to comply with the IRA rules.
But if you buy 10 American gold Eagles from me and 10, 100 ounce silver bars, those bars
are yours.
Those coins are yours.
They go into your vault.
And then I think what's 59 is when an IRA
matures at age 59, you can withdraw that. And so if you're going long-term to me and
again, not investment advice, but go look at what has happened to silver, look at the
historical price of silver, and then measure that against the loss of purchasing power
of the dollar. You tell me if silver is undervalued i'm just let you make your own decision i know in 1980 it was 50 an ounce that's like 200 today in purchasing power it's
still under 30 to buy retail silver right now that's crazy in 2023 and the gold and silver
ratio is very much skewed when you're talking about a revaluation of currency and you're talking
about loss of purchasing power from the dollar and silver is cheap i think that's a i think you're talking about a revaluation of currency and you're talking about loss of purchasing power from the dollar and silver is cheap, I think you're positioned very well to buy physical silver.
It's the most thermoconductive metal.
It's used in solar.
It's used in medicine.
And the demand is skyrocketing.
So I like silver for that.
I like gold to house your value as well.
But again, these are easy things for us to do. If you're sitting on the fence and wondering what to do next and looking at your 401k, give us a call. Maybe we can, especially with prices the way they are, we that, you look at it and say, okay, it's historically low prices.
We've got brand new applications like solar panels that are using massive amounts of it and everything.
So, you know, over a long period of time, it's a pretty good bet.
You know, if you're trying to time a market on any of this kind of stuff, you know, you can't always do that.
So if you've got to have something in the next five years, that may or may not happen in that period of time.
But it's not going, I don't think,
it certainly isn't going to lose its value
because it's so depressed there.
I wouldn't think that it would be much of a downside risk,
but the upside potential for somebody who's young
to put that into an IRA,
of course that money is going to be locked away from you,
but there are other ways that you can get it out
if you've got some kind of a hardship.
You can do withdrawals from an IRAa but you know over a long range horizon you look at how depressed it
is right now especially silver but also even gold that's a a big a good point um tell us a
little bit about what's going on right now why is wolf not gold well we're just working on uh
continuing keeping our supply chain open and uh i've i've got a
good buffer for wolf pack we got a lot of neat products coming out uh i mentioned last week
that we have another tier that we put out called wolf cub which is for for kids and uh my staff
uh the ladies that work for me here in branson they're really excited because they were finding
different uh uh wolves and coins or and putting together a coloring book.
And we're going to do that and an explanation of the coins for Wolf Cub.
And it's only $35.
And that's a great gift.
But Wolfpacking, I've been really busy with this, David, is building that community there.
We got more stuff rolling out very soon.
We got close to 800 members.
The more people that join, the better prices that we can get for people because I've got better purchasing power.
And I'm buying from the public and I'm buying from wholesalers.
But a lot of great products, goldbacks, fractional silver, fractional gold.
It's a great mix.
If you look at the reviews, and I think so many of the Wolfpack members are David Knight listeners, and we so appreciate that.
And I've said I'm continuing this, and unless I'm wrong, I asked the ladies yesterday here at Brandsense, how many more silver dollars do I have?
It wasn't that many, but we still got some up front.
So if you're a David Knight listener, you upgrade or you join Wolfpack, that's a free silver dollar.
I'll include that.
Anything from Lone Wolf and above, I'll include a free silver dollar.
So go to DavidKnight.Golden.
And it's a way to support the show.
We love sponsoring David, and I love our talks every Thursday.
Last week, I laughed when you chose the title of the interview,
the alt man and the bank man.
I'm glad that you found that funny.
I did.
I thought that was a perfect take on what these guys are doing.
It is amazing, isn't it, how these big guys,
these billionaires just get to control society?
It is amazing.
It is amazing.
You know, it's like, what is it,
Hemingway's making fun of S. Scott Fitzgerald when he says,
you know, because Fitzgerald says, the rich are different than you and i and hemingway said yeah they have more money
yeah they just have more money folks and some of them aren't that smart i mean you watch that uh
that submarine guy with the remote control i mean uh yeah and he was gonna give you some pause he
was stupid enough not only to make that that's dumb enough but you know you could look at this
and say well you know he just doesn't care about other people.
But he actually got in it himself.
I mean, he really believed that stuff.
That's terrifying.
The screen door submarine.
Yeah, that's a big thing.
And people like it when you're on, Tony.
As a matter of fact, on Rumble, Nick Ellenbecker.
Thank you for the tip.
I appreciate that, Nick.
And he says, always enjoy segments with Tony.
Thank you.
And they do. We've got another one here from Mr. Goldfold. the tip i appreciate that uh nick and he says always enjoy segments with tony thank you and
and they do we got another one here from uh mr gold fold uh thank you for the tip he says no
bank account no cell phone wow i envy that person yeah that is uh true i he might be referring to a
an article that i saw of a guy who is uh has been he he doesn't have any income he doesn't have any
id he's like living out in the woods, I think in Virginia somewhere.
And, uh, some guy did a little mini documentary on him.
It's kind of interesting, but it's always great talking to you, Tony.
Thank you so much.
Appreciate it.
Thank you, Dave.
Uh, why is wolf.gold.
And of course you can get there with David night.gold.
We're going to be right back.
And I want to talk a little bit about what's, uh, some more miscellaneous news things. Why don't we begin with a DARPA-funded study. Were they going to use AI to detect violations of social norms
when you're writing? Now, what could possibly go wrong with that? ΒΆΒΆ In a world of deceit, telling the truth is a revolutionary act.
You're listening to The David Knight Show.