The David Knight Show - Thr Episode #1983: Tariff Spins, Flip-Flops, Acquiescence, Resistance — Current State & LIkely Consequences

Episode Date: April 3, 2025

Trump’s Tariff Reveal: A Flip-Flopping FiascoFrom a last-minute delay—3 p.m. to 4 p.m.—to shoddy charts, the administration’s “Jekyll and Hyde” dance on taxes has landed. . Is this a plan or a plot for pandemonium? Reciprocal Fair Trade or Fictional Figures to Bust Supply Chains Again“They charge us, we charge them”.  But his Press Secretary’s cherry-picking—700% on Japan’s rice vs. 46% average—exposes the con.  The numbers don’t add up.  It’s a trade war trap to create chaos, break supply chains and raise taxes through the back door. Which Countries Will Fight & Which Countries Will Bow?They’re responding already Trump’s spinning a yarn about tariffs making America rich again, claiming 1789-1913 proves itWill GOP now believe that big government and taxes are what made America Great? Trump’s TikTok-for-Tariffs Offer for China Screams He Wasn’t Serious About Fentanyl or Factories Trump Pardons Corporation Romney famously said “corporations are people too”.  Wrong.  But Trump just gave a corporation (crypto of course) a pardon Gold Soars to Historic Highs as the Dollar Crumbles: Is Trump Orchestrating a Financial Apocalypse?      Gold is smashing records, comfortably remaining in the $3,100+ range, while Trump’s chaos and uncertainty around tariffs sees the dollar plunging, losing a staggering 40% of its purchasing power in just one year.  Yesterday Trump’s tariff circus wiped trillions from retirement plans in mere hours.     Tony Arterburn, David Knight.gold joins as history is being rewritten, and your wealth hangs in the balance Mark Carney’s Climate Con: Net Zero Requires “Financial Revolution"Canada’s unelected puppet, Mark Carney—pitches a “financial revolution”, necessary for Net Zero.  But it’s the other way around — Net Zero is their MacGuffin for a “financial revolution” Fit to Serve? Hegseth Replaces Equity with EqualityPete Hegseth drops a bombshell—the Pentagon’s scrapping lower fitness standards for women, demanding equal strength. Navy SEALs and Army Rangers cheer as DEI dreams die Signalgate Scandal Gets BiggerTrump’s National Security Advisor Mike Waltz is a walking disaster! Caught in ANOTHER 20 secret Signal chats and using Gmail for official biz ICE’s El Salvador Exile: HUGE Mistake Admitted But Correction RefusedHe’s now a “mistake” they won’t fix, despite paying to keep him locked up. No trial, just snatched and disappeared Voter ID Lawsuits: How About Rule of Law AND Voter ID?The end is desirable but doesn’t justify these means.  But it shows how Presidents of BOTH parties circumvent the ConstitutionIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

The In a world of deceit, telling the truth is a revolutionary act. It's the David Knight Show. As the clock strikes 13, it's Thursday, the 3rd of April. We have our Lord 2025. Well, today we're going to take a look at the long-awaited Liberation Day. Trump finally made up his mind, or somebody made it up for him. And when you look at the figures, it looks quite reasonable. But we're going to look at where these figures come from. Are they lying to you with numbers?

The government would never do that, would it? They would never lie to you about COVID cases or employment numbers or inflation numbers or tariff numbers. Even their own figures raise questions about consistency. So we're going to begin with that. We've got a lot of things to talk about, but that's going to be our number one issue. We'll be right back. I'm going to go get some water. Yeah, they had did have to decide. They were going to do it yesterday at 3 o'clock, then they delayed it to 4 o'clock.

And when you look at their charts, it's pretty sloppy work actually, quite frankly. But yeah, they did have to finally decide. And here's what they were, the horns of the dilemmas that they've been twisting and flipping on. You know, we've had Trump be the Jekyll and Hyde of taxes since the inauguration, since even before the inauguration. I'm going to do this? No, I'm not going to do this. Yes, I'm going to do it. So he's transforming behind the scenes. And these are the things they were discussing. This is what Bloomberg said before this was announced. They said, well, this report said there's three different options that they're looking

at and of course I think this is true because we've heard all of these publicly floated. One, a blanket 20% tariff on all imports. Two, a tiered system with three different rate levels. Or three, a country-by-country rate model. Well, they went with part of one and number three as well. I mean, part of one, instead of a 20% tariff on all imports, they did 10% tariff on all imports. And then they added to that a country-by-country rate model. They called it retaliatory tariffs.

And you had Treasury Secretary Scott Bessent go on TV, and he said, okay, just understand, if you don't do anything, that is as high as it's going to get. And if you challenge us, it's going to go even higher. So we're going to take a look, because there's been some immediate responses. Some people have pulled back and said, well, I don't think we're going to do anything. Other countries have said, we're going to do anything other countries have said we're gonna fight you on it and Others have capitulated to this and so what is this really about and where did these numbers come from?

They had to finally decide Except I don't think this decision is final. I think they will continue to Do this because I think the most important thing for Trump right now is chaos I believe that that is his intention Now I'm conspiracy theorist I'm a skeptic. I'm cynical. I think that he's doing this deliberately this this thing of chaos again When you look at the tariffs they could have they had a lot of time to prepare for a lot of things, and this is going to be such a big deal. And it is a big deal.

He says it's the biggest deal ever. It's going to completely reset the international trade rules and so forth. So you might have thought that there would be people in his administration that would have wargamed this, that would have had a plan, that would have announced it instead of on again, off again, on again, we're going to do this and we're going to do it later on. So Trump has imposed a 10% tariff on all countries, reciprocal levelies are on trading partners. He said the tariffs would return the country to its prosperity of previous centuries.

And see, this is another thing that I don't buy. They're going to tax our way to prosperity. Folks, this is nothing but a New York Democrat lie that we've heard all the time from New York Democrats like Donald Trump. That's what he is. Trump's a Democrat. Tulsi Gabbard's a Democrat. R.F.K. Junior is a Democrat. Elon Musk is a Democrat in terms of their philosophies. They're not for freedom. They're not for limited markets. And quite frankly, they're not for the social things that people are so excited about either. They will assume those positions, but they have no principles. And if they're going to assume positions without principles, then what you wind up with is

a constantly shifting sand underneath your building. So establish reciprocal tariffs, 10% baseline plus these tariffs. Reciprocal levies will be approximately half of what the trading partners charge. Well that sounds reasonable, except their numbers are not reasonable at all. For example, China currently has a tariff of 67% on U.S. imports. U.S. reciprocal tariffs on China then will be 34%. Trump has also announced a standard 25% tariff on automobile imports. He said, from 1789 to 1913, we were a tariff-backed

nation.� And he said, �That was the basis of our prosperity.� Look, the basis of our prosperity was low taxes. These are not going to be low, and the income tax is not low, and none of the taxes are low. None of them. God only asked for 10% when he had a theocracy with Israel. Okay, you find a tax that is 10%. You get sales taxes are 10% on many things in many states and then this is all above and beyond that, the taxes are out of control. The spending is out of control. The debt and the creation of money is out of control.

Regulation is out of control. By raising taxes with tariffs, that's not going to fix anything. It's not going to fix anything. If the government is too big, too intrusive, too expensive, adding another layer of taxes doesn't help anything. It's not going to fix anything. If the government is too big, too intrusive, too expensive, adding another layer of taxes doesn't help anything. Now we can always talk about how the taxes should be structured, but the bottom line is they're just too big. It's that guy who keeps running for office in New York, it's a black guy, and he goes, the rent's too damn expensive. That's just his campaign slogan. That's all he says. Well, you know the rent's too damn expensive. That's just his campaign slogan.

That's all he says. Well, you know, the taxes are too high. And taxes are rent that we pay. Property taxes are rent that we pay. All these taxes are essentially rent. So he said, in 1913, for reasons unknown to mankind, they established the income tax so that citizens rather than foreign countries would start paying I Think most of us know why they did that in 1913

Ignores the creation of the Federal Reserve But I think we all know why they made that pivot to internal taxes and the Federal Reserve At that point in time, but we'll just pretend that it's a mystery. For reasons unknown. Look, again, as I said before, Jefferson, he made government small enough that he could fund it with some small tariffs. If you make government small enough, as Ron Paul has said,

it doesn't really matter too much, the form of taxation. Now, I think the income tax, and I've said this before, the worst form of taxation, Now I think the income tax, and I've said this before, the worst form of taxation because of the heavy reporting, because of the self-incrimination, there's a lot of paperwork and all the rest of stuff, it's the worst form of taxation. But we don't want to just pile more and more taxes on. You see, that's the key that governments always do. It's just a little bit of tax here and a little bit of this tax over here

and then another tax over here and another one over there. They don't want you totaling this stuff up. Trump doesn't want you to total this stuff up either. And so he puts out a table. Pull up the tables there, Travis, and show some of those. They've got a lot of big tables there on the market reactions story from Zero Hedge, but I didn't put those in the deck.

But you look at China, 67 as I said before, it's going to charge them 34%. Vietnam, they charge us 90%, he said, and we're going to charge them 46%. Cambodia charges us 97%, we're going to charge them 49%. Bangladesh, 74%, All right, 37%. Sri Lanka, 88%. You're starting to see a pattern here. Myanmar or Burma, 88%. Madagascar, 93%.

It seems like these countries that have the, and I would include in that China, the countries that have the biggest tariffs on US goods and probably on other people's goods as well. The ones that have the biggest taxes seem to be tyrannical, authoritarian, totalitarian. They're also poor. This is not the road to prosperity. It's not the road to freedom. It's not the road to liberation. It's not that at all.

These countries that have high taxes don't have liberation, prosperity. They have a big oppressive government. Now you could say that some of them are doing this because they are trying, they're poor countries and they're trying to make their country richer. Well isn't that what Trump is saying? We need to be richer. We need to make America wealthy again. That's what he said. So he's taking the perspective of these other tyrants who say, well the way that we can make America wealthy or the way we can make Sri Lanka wealthy is by putting a lot of tariffs and protections there. And it just doesn't work. It doesn't make them wealthy and it's going

to make us a lot more like Sri Lanka or Vietnam or something like that. Trump proposed the idea of abolishing the IRS and funding the federal government exclusively through tariff trades while on the campaign trail in October 2024 says coin telegraph and that's an absolute lie. That's an absolute lie and you know it. You know, he talks, he talks tangentially about this and he speaks in circles but he never said that. Well, you know, it was better when we didn't have an income tax. He's going to get rid of the income tax. No, he didn't say that. He said just the opposite. He's going to make the tax cuts permanent. Well, you're not going to have permanent tax cuts if you don't have a permanent tax.

Is that beyond the comprehension of these people? Or are they just deliberately lying to you? Seriously? This is Cointelegraph? They talk to you about crypto and financial things and they can't sort that out? That permanent tax cuts mean a permanent tax. But then they also throw this little nugget out there. Cointelegraph says, well a company called Dancing Numbers. Dancing Numbers, you know, like the COVID superstars,

you know, they have the all of the superstitions there and the TikTok dancers. Well you know, we've got the dancing numbers again. Says that the Trump plan could save each American taxpayer between $134,000 and $325,000 in taxes throughout their lives. Well I've got many ideas that could save us more than that throughout our lives. That's a pretty wide range, number one. I guess they're trying to account for different income tax levels. But look, where's the basis for this? We're going to raise taxes on tariffs to save you a little bit of money on income taxes,

so we're going to put this out. But do they calculate this correctly? They don't even calculate these tariffs correctly. But you know, one thing that politicians and the media that supports these politicians do like Cointelegraph, I guess we can put in that category now, one thing that politicians and the media are really good at is dancing numbers. They can make the numbers dance and they play the tune and the numbers dance along. They can get numbers for

anything that they want. And that's what these charts are about. These charts are absolute nonsense. And Trump's press secretary really kind of exposed that, I think. I'll play the clip for you in just a second. After Trump's speech, the White House published the new tariff policy which includes an exemption for products and shipments that comply with the US-Mexico-Canada agreement, USMCA that Trump put in there. It seems like they forgot about that the first round when they started talking about taxing Canada and Mexico.

People had to remind him of that. It's like, oh yeah, wait, okay, give us another month and let's think about how we're going to do that. It's like, oh yeah, wait, okay, give us another month and let's think about how we're going to do that. USMCA compliant goods will continue to see a 0% tariff. Non-USMCA compliant goods will see a 25% tariff and non-USMC compliant energy and potash will see a 10% tariff. So that's the plan. So what they're saying is we're going to add, in addition to the 10% across the board on everything coming in the United States, we're going to add an additional 20% on the European Union, 10% on the UK, 34% on China, 24% on Japan, 32% on Taiwan. Trump says they charge us, we charge them.

Reciprocal tariffs. And we're going to be nice about this. Why is he being so nice to them? I mean, if they're charging us 67%, charge them 67%. And say, let's take it to zero, right, if he wants free trade or whatever. If he wants open markets. It sounds fair, but that's really not what he's doing. He says, they were, listen to what he says about NAFTA.

He says, they were wrong about NAFTA. They were wrong about China. They were wrong about the Trans-Pacific Partnership. In my first term, they said tariffs would crash the economy. Okay, well, USMCA was just a rebranding of NAFTA. There really was no substantive change at all in that. It was like renaming the Gulf of Mexico, the Gulf of America. He renamed NAFTA USMCA and he cheered it. He talked about it being some great accomplishment.

I said at the time, I said, it's no great accomplishment and it's not any freer and it's got thousands of pages of regulations in it, which means that it's not free trade. So it wasn't free trade, but it was like NAFTA, which he's now criticizing. You see, this is how phony this stuff always is. And when he says, well, they said that tariffs had crashed the economy, and it didn't, is that he crashed the economy with his lockdown. He broke the supply chains with his lockdown. He broke the supply chains with his lockdown. He didn't crash the

economy with a terrorist or break the supply chains with that. He did it with the UN World Economic Forum agreed upon lockdown, where he was in lockstep with people like Trudeau and many others who supposedly are diametrically opposite of him. You know, Biden and Trump, same policy on lockdown. But they're supposed to be polar opposites. Trump and Trudeau, same policy on lockdown, but they're supposed to be opposites. But you know, the other thing is that Trump said that the terrorists would bring back manufacturing. He said that in his first term.

That didn't happen either. So his terrorists didn't crash the economy, but they didn't bring back manufacturing. And his lockdown didn't help anything. It harmed everything. So let's go to what his press secretary has to say. Love it. And she talks about how unfair trade terrorists are in other countries with a tariff comparison. Look at the unfair trade practices that we have.

Fifty percent from the European Union on American dairy. You have a 700 percent tariff from Japan on American rice. You have a 100 percent tariff from India on American agricultural products. You have nearly a 300 percent tariff from Canada on American butter and American cheese. This makes it virtually impossible for American products to be imported into these markets, and it has put a lot of Americans out of business and out of work over the past several decades. So it's time for reciprocity, and it's time for a president to take historic change to do what's right for the American people and that's going to take place. That's one of the most cynical lies I've ever seen any press secretary do.

Cherry-picking. Wait a minute. You just said a 700% tariff from Japan and yet on your, you got exactly the opposite. On your chart, you say that Japan is charging us 46%. So we're gonna charge them 23%, right? You say the EU is charging us 39%, so we're going to take that down to half of that. India, okay, 52%, they say say is a tariff from India. So if the EU is charging us 39%, she cherry picks one thing, dairy.

Dairy they charge us 50%. Now Japan is charging us 46% according to their chart that they put out, but she says it's 700%. Ah, but that's on rice. India is charging us 52%, but then they say, well, no, India is charging us 100% on American agriculture. You see what's happening here? We're comparing apples to oranges.

They've got some kind of aggregated average. They actually call it trade weighted average, but I don't know how they weighted it. I don't know where they come up with this information. When she is as dishonest as this, then I don't trust any of their numbers, quite frankly. All this is a PR thing. Look at how much they're charging us, and we're only going to charge them half. And then she comes out and she kind of jumps the shark by showing people that, first of all, what they did was they targeted specific things. Japan doesn't want to buy any foreign rice. They don't want foreign rice coming into their country, so they charge 700% tariff on it.

Make sure that doesn't happen. They are protecting one specific thing, rice. Now, it may be that, you know, if you want to sell them a widget, there might be 0% tariff on a widget, but there's 700% tariff on rice. And what happens when Trump goes up to, you know, 20-something percent on Japan? Well, then they're going to put a 20-something percent tariff on widgets, and you're gonna sell fewer widgets. But they're still not going to buy your rice. There's no way they're going to buy your rice. And this is what we're seeing over and over again. You know, dairy or Canada with a 300% tariff on cheese. Why didn't Trump negotiate that better when he did the USMCA? Trump, you let them get away with charging a 300%

tariff on cheese? What are you, some kind of a sucker? I mean, come on, you know, you got you got had on that. A 300% tariff on cheese, and you didn't do anything about that. So, this is like the numbers that we got for the pandemic. They're making up the numbers. They're doing it for their trade war, just like they did for their pandemic war. Because the government always lies to you, especially if they give you a number. Don't ever trust any number that comes from the government. It's always a lie. So we don't know.

This is some kind of an aggregate, weighted, average, no details about where these numbers come up with. So I don't trust them at all, number one. Number two, as I said from the very beginning, when you do tariffs, the way Jefferson did it was he reduced the size of government and he just used tariffs to fund the government, the federal government. It was small. And it funded the government. It's a tax. We're going to pick a form of taxation. That's the form of taxation that they picked. But the key was that it was small. It was negligible. Sorry, it wasn't negligible. And then when you get to the latter part of the 1800s, they started particularly trying

to protect certain industries. Instead of rice, it was steel or things like that. And so they were focused, they were targeted tariffs to protect a particular product or the industry that was making that product. They wanted that made domestically because you want to have, and this is why they're doing this in a lot of, it's a lot of lobbying that's going on, but initially there's things like, well we've got to have steel because we don't want to be dependent on foreign countries, we want to be able to

defend ourselves, we need to be able to manufacture our own steel. We want to be able to build our infrastructure, so we want to be able to do our own steel. So let's have a vibrant domestic steel industry. We'll protect it from competition. That's the theory behind all of that. Or the high protective tariffs on food have been in the past because governments wanted to make sure that they had self-sufficiency when it came to food. And now they don't. Now you've got in the European Union places like Netherlands, all of them actually, because of climate change.

That's a suicide pact. Paris Climate Accord is a suicide pact. And as part of the suicide pact, they want to starve their population. And so they're not protecting the farmers anymore. In the UK, the Labour Party is trying to destroy farms. They want all the food to come from a lab that's owned by Bill Gates or his ilk. So that's the second thing. First of all, the numbers are phony.

There's some kind of weighted average of things, and when they sell this, they talk about targeted tariffs on individual products. Thirdly, I guess I had this 300% tariff on cheese, shows that it was not free trade, that it was managed trade, and it shows that Trump got managed by the Canadians, if you want to look at it that way. That's something they should be embarrassed about. Not angry about. Look at this. They got it. Well you negotiated that in your first term. And fourthly, you've got people defending this.

I've seen the Trump cheerleaders, the Trump sucker proxies in the media. It's like a war, you know? It's like it's Tea Day one person put out, put this long thing and said comparing it to D-Day. Oh we've landed on the shores, we're taking this, it's gonna take a lot of hits and so forth, but it's war and we got to do it. All of this warlike talk, because it is a war, it's going to be a trade war and it may be a prelude to a real war because that's how real wars start. Real wars frequently start with trade wars, with sanctions, which are sieges, if you will.

And so what's going to happen is that you're going to have like with China, this 34% so I say China is charging a 67%. Well, it's not true. I mean, that's a weighted average for a lot of things. So a lot of things that you know, if Japan is charging is 46% and then they came up with a 24% thing which is not half but you know this is the Trump administration. Numerically challenged and the MAGA people who are even more numerically challenged as well as challenged in terms of civics and how this whole thing works. But anyway, so they came up with a little bit more than half. Half would have been 23% but they're gonna charge Japan 24%. Nevertheless, if they're saying that

Japan is charging us 46% and then she goes out and says no, they're charging us 700% on rice. So the interesting thing too, and this is just an aside, as I pointed out, there's all these indications that this thing was rushed, that even after a couple of months in office they still haven't really thought this thing through, and there's still disagreements in this. These, these page after page after page, I think he's got every country on earth, no matter how small they are. They've got it like Sri Lanka.

88% are going to charge us. Well, we're going to charge them 44%. But there's no particular order in this. You would think that they would have the people who charge us the most would be at the top, but they're not. You would think that the people that we have the most trade with would be at the top, but they're not. You would think that the people that we have the most trade with would be at the top, but they're not. You would think then, well, maybe if it's not alphabetical, if it's not by the order

of the amount of tariffs, and I know this because I started looking at this trying to find particular countries. So there's no particular order. They're not by geographical region. They're not by the amount of tariff. They're not by the amount of business that we do with them. They're not by the amount of tariff. They're not by the amount of business that we do with them. They're not alphabetically They're just kind of thrown in there

Looks like this is somebody did their homework at the last minute to me. I don't know It's easiest thing to do if you got a spreadsheet tell it to sort it by a column China 34% on top of the 20% tariff, so that's going to be 54% total. Is it 20%? I thought it was 10% anyway. Well, it'll change tomorrow, so don't worry about it. Breitbart's John Carney gets into this war angle, and on Zero Hedge, they've got a couple of articles talking about, like I said, T-Day, which is very similar to D-Day.

He makes that D-Day analogy. And so this is what the economics editor, John Carney, no relation to Mark, I guess, or maybe he is, I don't know. People are related to a lot of him. Appears that Trudeau and Carney are cousins of some sort. Anyway, he says, oh, peace, peace, when there is no peace, quoting Patrick Henry in the spring of 1775, he said. And he said, there is no peace, the war has actually begun.

Lots of war rhetoric by these conservatives. Let's go to war. Let's show them what this is all about. I'm sick of being taken advantage of. 700% tariffs? If that's true, isn needs only charge him 23%. Liberation Day is not a provocation, it is recognition that the economic war was long ago declared, just not by us, says Breitbart's economics editor.

I think he needs to be covering defense. That seems to be what he's into. Look, war is a life-long estate, and so are taxes. Why would we cheer either one of those things? They are sometimes a necessary evil, but they are nevertheless evil. So Liberation Day triggers panic mode for who? Manufacturers! Wasn't it supposed to help manufacturers?

No. You know what has caused problems for manufacturers, and this is from freight waves, people in the shipping industry who are paying close attention to what the factories are doing. And they said it is data shows strong demand, but sentiment has collapsed. What do they mean by sentiment? Well, the confusion, the chaos. Data shows strong demand, but sentiment has collapsed. What do you mean by sentiment? Well, the confusion, the chaos. Everybody's like, I just don't know what he's going to do.

Nobody knows what Trump is going to do from day to day. Tellingly, the producer of petroleum and coal products noted that worldwide economic instability has really begun to impact our oil and gas business. Just take this as an example, right? We're going to drill baby drill. And we want manufacturing, we want energy, and the rest of this stuff. Well, your vacillation, your indecision, your constant state of flux is causing problems

for the oil industry, for example. U.S. oil supply is threatened in, by sanctions on Iranian and Venezuelan crude, while usable supply in the market will be limited by the U.S. Department of Energy's intention to refill the Strategic Petroleum Reserve. This is the massive footprint that our government has on everything in our society. They didn't have that in the 1800s. That was why we were prosperous. But now we have our governments deciding, well,

you can't buy oil from that country. You can't buy it from that one. And then I'm going to allow you to drill, or I'm not going to allow you to drill. And I'm going to sell off the Strategic Petroleum Reserve, or I'm going to fill it up, or whatever. The government is the elephant in the room and a big part of this tariff nonsense that Trump is doing is to get you to ignore the elephant in the room, our own government, and blame other

governments, blame other foreign corporations and things like that or just corporations in general. corporations and things like that, or just corporations in general. Nevertheless, negative sentiment has kept domestic oil prices pegged at $70 a barrel, a price below which oil producers claim capital expenditures and output will suffer. According to the Dallas Fed Energy Survey, $65 per barrel is the absolute break-even point after accounting for inflating input and operational costs So saying if we go down below 65, we're going to be operating in a loss. So we're going to shut it down All prices have decreased while operating costs have continued to increase to stimulate new activity All prices need to be in the $75 to $80 per barrel range. The administration's chaos is a disaster for the commodity markets,

all of them. The blunt and that's commodity markets are the raw materials of manufacturing. The blunt judgment of another firm said, a drill baby drill is nothing short of a myth and a populist rallying cry. Tariff policy is impossible for us to predict. One of the best things that Trump could do if he wanted to help America would be to have a rational consistent policy. He doesn't want to do that. He doesn't want to help America. He wants to whip us back and forth into a frenzy, into chaos, because his job description this time, folks, from the people who selected him, you didn't put him in office. Get over these elections. the people who selected him selected him to be an agent of chaos for globalism just as he was in 2020 just as he was and he's gonna do it again he is not gonna focus on a level playing field that's

this is not about that at all this is about having everybody trying to play football on trampolines that are constantly shifting and an earthquake even. So, futures are tumbling in the stock market. More chaos, rumors about this and that. Why does that happen? It's just like the Federal Reserve. They have too much say about our economy. So everybody hangs on every word that the Fed chair says. You know, Powell is a lot more important than E.F. Hutton. So is Trump, because these people out there are just arbitrarily changing. What will he do? What will he do? You know, he's the czar. He's the dictator. In a few moments I will sign an historic executive order, reciprocal tariffs on countries throughout the world.

Reciprocal. That means that they do it to us, we do it to them. Very simple. Can't get any simpler than that. An eye for an eye, a tooth for a tooth policy. It's not that. Trump lays out the theory that tariffs will bring back a golden age as he calls it. Jobs and factories will come roaring back into our

country except that everybody's worried because they don't know what you're going to do. I talked about that in Australia. You know in Australia you've got natural gas which they have in abundance but they're selling it abroad instead of domestically so it's created a natural gas, which they have in abundance, but they're selling it abroad instead of domestically. So this created a natural gas shortage. Why? The companies have decided to do that. They made a conscious decision to do that, even though they were making less money

by selling it abroad because the government in Australia was whipping them back and forth with this net zero green stuff. It's on again, it's off again. It's on again, it's off again. It's like, all right, I'm done with that. I'm not going to take the risk. I'm going to sell it abroad, maybe to China or whatever, even if they pay me less than I can make here Trump is. He's got a master's, a PhD on that actually. So the baseline tariff is 10% I think, not 20%.

But anyway, he's going to have these reciprocal tariffs are going to begin on April April 9th. So one week from when he announced it. Enough time for these other countries to look at this and decide whether they're going to let it stand or whether they're going to fight back or whether they're going to capitulate and try to reduce the penalty tariffs. Mexico and Canada are not on the list as the US will continue to exempt USMCA compliant goods.

They've figured that out finally. For Canada and Mexico, the existing fentanyl immigration orders remain in effect though and are unaffected by this order, says Trump's order. This means that USMCA compliant goods will continue to see a 0% tariff. Non-USMCA compliant goods will see a 25% tariff and non-USMCA compliant goods will see a 25% tariff, and non-USMC compliant energy and potash will see a 10% as I said before. In the event the existing fentanyl immigration orders are terminated, non-USMCA compliant goods will be subject to a 12% reciprocal tariff.

Just make up the numbers. They make up the numbers. They make up all the numbers. The loony and the peso rallied on the news, again, because everything is subject to change, and things as another pronouncement is coming from the dictator who has no clothes. Markets are reacting up, down. Initially markets heard that Trump's comments were going to be better than expected and the futures spiked on the news. But then he showed the chart of specific tariffs and then the futures plunged.

Oh no! First they go on what he says, then they see what he's planning on doing and it goes it goes straight up and goes straight down The White House issued a full fact sheet So these tariffs will remain in effect until such a time as President Trump determines That the threat posed by the trade deficit and the underlying non reciprocal treatment is satisfied resolved or Mitigated so there you go Trump's gonna determine what it's going to be.

He's our trade dictator, our trade czar. He's our Jekyll and Hyde. Question is, how much economic pain is Trump willing to tolerate? Said one analyst. He's not going to have any pain from this. It's going to be your pain. How much will he allow you to put up with? He can tolerate an infinite amount of your pain. I watering tariffs on a country-by-country basis scream negotiation tactic said one person and we've heard that before as well. Remember I've had economic guests on this program. Well I don't think he really means that. I think he's just throwing this out there to get them to capitulate.

I don't think he really did. And he really did it. And then he really pulled it back, and on and on. We've seen the administration have a surprisingly high tolerance for market pain. Now the big question is how much tolerance it has for true economic pain as these negotiations unfold because it's going to spread out from the stock market. There were trillions lost in 401k plans and things like that because of this turmoil, because the stock market is down so much so far this year. Treasury Secretary Besant said on Bloomberg TV, don't panic, but don't retaliate. As long

as you don't retaliate, this is the high-end number. Well, so what are people doing? Well, we've got three cases here. Three examples, three countries. Well, not individual countries necessarily, but Europe as a whole the French industry minister has reaffirmed that Europe will respond to Trump tariffs in a proportionate manner says Europe must show strength and be less naive so they want to resist they're gonna push back this is where the trade war is going to be Ursula Fond of lying has said the same thing as well. Well, we're not going to put up with this. We're going to push back. We're going to retaliate. So that's what's going

to happen with Europe. Canada, on the other hand, says that they want to avoid counter tariffs that risk Canadian jobs. So they're going to, at this point, they say they're going to avoid any retaliatory tariffs on their side. So they're going to hold the status quo, this new status quo that's been imposed. Then you take a look at capitulation. This is coming from Thailand and also Vietnam. But the Thai Commerce Ministry said Thai semiconductors may face 25% U.S. tariffs and noted that Thai tariffs are 11% higher than US tariffs. They added that Thailand may see an impact of $7-8 billion from these tariffs. So they

announced that they will increase imports of US goods and they plan tariff cuts for US products. So they have capitulated. So we have it runs the gamut of all this stuff. By the way, in Thailand cuts for US products. So they have capitulate. So we have it runs the gamut of all this stuff. By the way, in Thailand, I remember, oh, see, it was back in 2007, 2008, 2009, something like that. I remember at one point I had to get a hard disk drive and I was looking at the prices like what happened to the prices of hard disk drives? They've just gone through the ceiling. I can't believe it. And I did a

little bit of research and I thought has something changed in the industry? Well it did. It turns out that Seagate and Western Digital, all these different, you know, hard disk companies at the time. We're all making their products in this little Silicon Valley-like area in Thailand. And so somebody had moved a factory over there, they started making these things, and then other people moved factories to make the exact same thing,

and you had people moving back and forth between these different companies, kind of like honeybees pollinating them with ideas, or whatever, you know, that type of thing. That's what happens in Silicon Valley as well. So, you started having this cluster where they were making most of the hard disk drives that were being done globally were being made in that little area of Thailand.

And that area had massive flooding, just like we've just recently seen in Myanmar and other places. We've seen the big earthquakes and stuff. So they had a regional disaster that shut down all of those things for a while. And eventually everything came back, they built back, and the prices came back down again. But that's globalism. Now globalism has created strange supply lines and has created concentrations of things in

weird places that you wouldn't expect. And so that's what's happening in Thailand. They're going to pull back from it, and Vietnam said they're going to do it as well. But, so, you know, with these unilateral things that are being declared, we might want to ask, what is it that the federal government, that Trump could do, unilaterally and domestically, that would be more beneficial to our economy than these tariffs, if he really wants to make America wealthy again? Well, as I've said many times, the basis for the US prosperity

in the 1800s was liberty. It was a lack of regulation, things like that, so they could basically get their boot off of our necks and allow us to innovate, to create factories. But the people who – that doesn't happen because the big companies use government to keep competition away. They use government to saw off the lower rungs of the ladder. And that's true with local government, state government, and federal government. The other thing we could do is tax policy.

The income tax is still too high, and Trump is out there now with his tariff stuff trying to rearrange the deck chairs on the Titanic, but still doesn't even come close to spending. And then when we're talking about taxes, the VAT has always been a part of the tax issue with Europe, for example. Value-added taxes, yes, they do happen at intermediate stages of production, but certainly it is, you know, they're removed, at least they used to be. Removed, I think they still are.

But they're removed before, if the products are being sent abroad. There is no VAT, at least at the last stage. I think the earlier stages remain on, and say that because when we traveled in Europe if we bought something and sent it back, we get the VAT removed for the final sale but they didn't go back and say, oh well, this thing cost $20 but it's already got embedded in it, a whole bunch of VAT taxes which would be pretty much impossible to calculate. So we're going to reduce the price of this thing to, you know, $10 and we're not going to charge you VAT tax. No, they just don't charge you the VAT tax on the final sale. So, but nevertheless, when you look at our products in the US, they come

embedded with a lot of income tax stuff that's there, that's not pulled out. You know, if they're making something for export, they get to pull a lot of income tax stuff that's there that's not pulled out. If they're making something for export, they get to pull a lot of the VAT taxes out of it and it comes to our shore without carrying those VAT taxes, but not for American producers. They sell their products into another country. They carry the internal domestic taxes with them. So that is a huge deal and the Trump administration actually mischaracterized that and said that VATs were a help to the foreign countries. Anything that that's absolutely wrong. If the VATs are

raising the price of goods in that other country, then it is not helping the manufacturers. But what it shows you is the mindset of the Trump administration. They're looking at this in the same way that Bernie Sanders does. We talk about a tax cut, Bernie Sanders says, they're looting the treasury. That's our money. Or you see both Republicans and Democrats say, we can't spend that money with tax cuts, because they think your labor and your possessions belong to them, not to you. It isn't a matter of

spending money in their treasury, but they see you as their tax slaves, because you are. We all are. That's the way they see it. They don't see it as, well, what is the cost of production? How do we get more manufacturing? It's never about that. That's another one of these lies that are out there. So there were some questions that AP said, we've had a lot of people asking us questions. So here's some of the most frequently asked questions and their answer to it. Do US collected tariffs go into the General Revenue Fund? Can Trump withdraw money from the fund without oversight? Well, as they point out, tariffs are taxes. And tariffs were about $80 billion last year.

That goes into the US Treasury to help pay the federal government's expenses. Okay, but let's stop right there. Something in that sentence is really important. The fact that tariffs were about 80 billion dollars last year. Now, Trump and his administration, you have various people, Trump, Leutnik, other people have talked about this. 300 billion we're going to get out of the tariffs. 600 billion, Trump says maybe a trillion, then you got Leutnik come out. out two or three trillion six trillion, right? They keep bidding this thing up They went as high as six trillion dollars on tariffs

from 80 billion right now Now you might think about how much that tax is going to take from you if they're gonna go from 80 billion to even the lowest number 300 billion They're talking about quadrupling The amount of money that they're taking in these taxes and let me tell you But this is another one of these, you know Another one of these bait and switch things being done by Donald Trump just like CBDC Oh, we're not gonna do CBDC says Trump say. Instead, what they're going to do is private digital currencies that will have all of the

heinous features of CBDC, except that, unlike CBDC, they and their buddies will make a financial killing out of this. It's a graft and corruption thing. But as far as we're concerned, it's still going to be control that's going to be happening. So when you look at this, he wants to pretend that he is lowering taxes. He's not lowering taxes. Instead, what he's going to do is he's going to say, well, we're going to make some tax cuts permanent, and then he's going to bring in the tariff stuff in the back door. That's deceptive. Another question, how soon will

prices rise as a result of the tariff policy? Well, it depends on how businesses both in the US and overseas respond. Consumers could see overall prices rising within a month or two of the tariffs being imposed for some products such as produce from Mexico. Prices could rise much more quickly after the tariffs take effect. So, we don't know how long it's gonna take. But then they also make this point. They said, when we look at experience, go back to 2018, Trump slapped duties on washing machines. Now that's the kind of thing that you typically see being done. You know, we're

gonna tax Rice, or we're going to tax this product, or whatever. We're going to target it. They taxed washing machines. They didn't tax dryers. But since washing machines and dryers are typically sold as a pair, the manufacturers and the retailers went up on the price of both of them. Both of them, both of them. And so they said, you're going to see things start to rise because they can, you know. Why are they doing it?

Because they can. And they said, furthermore, economists are worrying that consumers, having just lived through the biggest inflationary spike in four decades, are more accustomed to rising prices than they were before the pandemic. And that is going to help them to raise the prices. By the way, you know, when we talk about how much the revenue is going to go up, the Tax Foundation, a nonpartisan think tank in Washington, has found that extending Trump's tax cuts would reduce federal revenue by four and a half trillion. And he's gonna keep that income tax there. It's gonna be permanent. But he's

gonna make permanent the tax cuts. Okay, so that's going to lose four and a half trillion revenue. Maybe that's why he's talking about, Lutnik is talking about six trillion dollars in revenue from tariffs. They're hoping they can make this stuff up. They want to do it in the back door. Next question, what is the limit of the executive branch's power to implement They're hoping they can make this stuff up. They want to do it in the back door. Next question. What is the limit of the executive branch's power to implement tariffs? Does Congress play any role? We're going to talk more about that when we come back.

The US Constitution grants the power to set tariffs to Congress, but Congress has abdicated those powers, or at least they delegated them. Delegated those powers to the President through several different laws. These laws specify the circumstances under which the White House can impose tariffs, which are typically limited to cases where imports are threatening national security or severely harming a specific industry." So, national security, hence the bogus claims about fentanyl and migrants for Canada. He had to pretend that it was national security to do this. In the past, presidents generally imposed tariffs only after carrying out public hearings.

And Trump did that in his first term. However, in his second term, Trump has sought to use emergency powers set out in a 1977 law to impose tariffs in a more ad hoc fashion. Congress can seek to cancel an emergency that a president declares. And Senator Tim Kaine, who was Hillary's running mate, has proposed to do just that regarding Canada. And we'll talk more about what's happening in the Senate when we come back. What tariffs are other countries charging on US goods?

Now here again are some real numbers. I say these are real numbers because they're coming from an independent third party that is looking at these numbers. It's coming from the World Trade Organization, which again, I know it's a globalist organization. But when you look at these numbers, they're going to say, as I said before, Japan, oh, charging is 46%, but then she says 700% on rice. So what is the real number?

How did they average this out? I mean, did they use median? Did they use averages? Did they weight this in some way or the other? Here's the bottom line. U.S. tariffs are average U.S. tariffs. It is weighted to reflect goods that are actually traded, so that's part of what they mean by the weighted. U.S. tariffs are less than other countries. We charge 2.2% for the weighted tariffs are less than other countries. We charge 2.2% for the weighted tariffs. Wait a minute, we get to this and then you have the European Union, 2.7%. Not the 40% or something

like that that he had, 40 something percent. Instead of it being 40% that's on his chart, the World Trade Organization has said it was 2.7%. China 3%. And again, there's exceptions because of individual things that they target, like rice with Japan. But Trump is putting this together as an aggregate for the entire country. And what they're saying is, as an aggregate for the entire country. China is at 3%, we're at 2.2%. India is at 12%. They're an outlier there. Other countries also tend to do more than the US to protect their farmers with high tariffs. The US trade-weighted tariff on farm goods is 4% compared to the EU's 8.4%, or Japan's 12.6%, or China's 13.1%, or India's 65%.

So again, when you talk about that 700% tariff at Japan, their weighted average for all agricultural products is 12.6 percent, but for rice 700 percent. So, what the press secretary in the Trump administration was doing was a cherry-picked lie. Spin. Because this is really about chaos. This is about flipping the tables. This is about pushing us towards a global war. They really do want this. And you can get to that in a number of different ways. Biden and his administration had their technique and the Trump administration's got theirs. So, Canada and Mexico, again, you know, Trump owns the USMCA. Now he says it's vastly unfair. Well, we'll take a break and when we come back, We're going to take a look at the reactions of different countries as well as the reactions in the Senate. There's been

a little bit of a GOP rebellion there. Rand Paul pushed back against this stuff. So we're going to take a look at it when we come back. Oh You're listening to the David Knight Show. Say kids, what day is it? It's Liberation Day, a day where I liberate you from your savings and tariff everyone at the circus. Don't worry, it's like a tax cut. a day where I liberate you from your savings and tariff everyone at the circus. Don't worry, it's like a tax cut. Or will be, for some of us.

Most of you won't even feel it too badly. So my associates are going around with fun red bags, and I want you to give them your wallets and all your jewelry and tell them your Social Security numbers. We are just cutting all the into fraud, waste and abuse. Put your money in the bag. You know how many kids I have to feed? Like a lot.

On Liberation Day all the best people are driving Teslas. Pretty much my whole cabinet. Elon made them. Oh hello Marjorie. Hey look, even JD Vance is getting in on the act. He takes that couch with him everywhere. So remember on this Liberation Day, me and my people, we will do well and you will pay for it! But it's just short term.

I really hate that sad loser Mr. Newburger. Who me? Yeah, that's New Burger stuff. On Rumble, Gard Goldsmith, he says exactly David, I looked up how they created the fake numbers. It's the PCR of tariffs. I don't ever believe any numbers they give you for anything. It is just like the pandemic.

It's a phony war and it's against us. You know, they weren't fighting a virus. They weren't fighting a pandemic. They were fighting us. And they're not fighting foreign countries. They're not fighting multinational corporations. Multinational corporations are running them. They are fighting us. That's the real issue. Well, RT, which doesn't really have a dog in this fight, I guess. I don't know if we have any trade with Russia at this point, with all the Biden sanctions and everything. Even banned them out of the financial system.

Well, Russia says Trump's sledgehammer approach may cause trade wars. Absolutely right. This is financial analyst Henry Johnston that they quoted on RT. He said, I think there's a very interesting parallel between Trump's approach to the Ukraine conflict and what he's doing economically. And that is that he is attempting to address very deep-seated, long-standing problems with rapid, unilateral, and aggressive measures. So let me just fix it right now.

You just do it, because I said so. Dictate. In both cases, he said, I think it's going to encounter more of what we've already seen. His very primitive tactics are not getting to the root of the issue. The economic problems that he's attempting to address are very deep-seated. They've been in play for half a century, and they will not be addressed by bludgeoning people with tariffs. But see, this is where Trump is coming from.

He's a very wealthy businessman who is used to throwing his weight around and getting what he wants. I remember when he was running in early 2000 in, what was it, 2015. In the summer I think it was, and I did the story about what Trump had done to a widow, because he wanted her house for a parking lot for his casino in Atlantic City. And I used up as an example, Pixar's Up, because it was basically the same type of thing. She did not want to sell.

She was the last one hanging out, and he wanted to do that. So he's gonna get rid of her one way or the other. He got tired of making her offers. It was clear that she didn't want to sell no matter how much money it was. And he wanted that parking lot. So he goes to the local government, and he's paid these guys to do whatever they want to,

whatever he wants them to do. And he gets them to condemn her property, and then after they pushed her out and knocked the house down, he declared bankruptcy on his casinos. Didn't even use it. You see, that's what he's used to getting. He's used to being a dictator as a CEO. These techno brats, I think we should call them, are used to getting what they want. We call them technocrats, but they're brats.

They get everything they want. They're multi-billionaires. You know, snap their finger and they get whatever they want. It tends to have a cumulative effect on their ego, their spirit, their character that is not salient. And so these techno-brats are used to getting whatever they want. And this cabinet is filled with people like this. His cabinet is filled with billionaires who get whatever they want.

So there's a perception in the White House that other nations take advantage of the U.S. because American goods are not as welcome elsewhere. But he said the trade balance certainly speaks for itself. This is Johnston again. He said, I think though it's important to understand here that the U.S. was a willing participant in this system. By using the dollar as the reserve currency and encouraging other countries to build up surpluses of dollars and then to reinvest those in the U.S. and U.S. treasuries, it essentially allowed the U.S. to finance domestic consumption without creating inflation. And this is what's going to happen with this restructuring of the financial system.

I think we're going to see huge inflation. I think we're going to see hyperinflation. I don't think we've seen anywhere close to the end of what is happening with the dollar. With gold, I should say. With the dollar as well because they're kind of inversely proportional to a large degree. I think it's not entirely in good faith, he said, to claim that the U.S. is being abused even where U.S. goods don't have the same access to other markets because the system itself has been beneficial to the United States.

In other words, we created this system. We created a system that allows us to print money out of thin air, fiat dollars, and everybody is starting to pay attention to this. That unlimited credit card is maybe going to be called back. Ursula Fond of Lange, the EU Commission president, said that the EU has, quote, a strong plan in response. Chinese Foreign Minister said on Tuesday that Beijing would counterattack if the US continues to engage in blackmail.

So there you go. We've already gone to war under Biden financially with Russia sanctions, so there's nothing happening there. But China and the EU, there's gonna be a war there. We might get and have gotten concessions already from small countries like Thailand and Vietnam. Some small countries like Thailand and Vietnam. But again, as I said, if you think that high tariffs are going to make you wealthy, take a look at who's got the highest tariffs.

It's the smallest country according to the Trump charts. And again, where they come up with these numbers? I don't know where they came up with these numbers. I don't know where they came up with these numbers. They're talking about how some of these small countries have a 100% tariff on things. So Johnson told R.T., John Stoon I should say, said, I think the European Union will see this as a hostile move without question, and I think it will be fairly painful for the EU, and we could be seeing trade wars among allies. Well, certainly with US and Canada and Mexico and all the rest of this. Trump has been on the offense against people who we haven't had any problems with. Greenland, for example. I mean, it's like Canada the 51st day.

It's absolutely insane. Well, the EU holds a lot of cards, vowed Ursula Fond of lying, but in this particular case I think she's telling the truth. She said, Europe has not started this confrontation. We do not necessarily want to retaliate, but if it is necessary, we have a strong plan to retaliate and we will use it," said Ursula. Europe holds a lot of cards, she said, from trade to technology to the size of our market. But this strength is also built on our readiness to take firm countermeasures if necessary.

All instruments are on the table and she is ready to operate. She was saying this in France, who is the French have been equally belligerent as well. The commission already intends to impose duties on US goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs that he's put in. The EU duties will target steel and aluminum products, but it will also target textiles, home appliances and farm goods. So if you're not happy about the 700% tariffs on rice and you really want to get into that market and you want to punish them for that, just understand they may put some taxes on

your widgets and it's going to be hard for you to sell those other things. That's what they're talking about doing. We'll find the stuff that we're buying from you, where we're your customers, and we will shut that down. That's what the trade wars are about. �Many Europeans feel utterly disheartened by the announcement from the U.S.� said Ursula Fond of Line. �This is the largest and most prosperous trade relationship worldwide and we would

all be better off if we could find a constructive solution. Well, Hollywood reporters taking a look at what will happen to their industry, and I know you don't care, neither do I, what happens to Hollywood? It would have absolutely no effect on my life if Hollywood ceased to exist in its entirety. I don't consume their product. Haven't done so for quite some time. Trump's tariffs timing couldn't be worse for Hollywood, they said. But there is something about this that is common to all of us. They said because this is a media business, they're not necessarily going to put a tariff on the movies that go to other places. China might block it if they've got a Top Gun movie that shows a jacket with the word

Taiwan on it, okay? Because they don't pretend that Taiwan doesn't exist. But they're not going to directly target these movies. But they said because it's a media business, they depend on ad revenue. And so they're saying that all of their sponsors are going to be looking more carefully at their spending budget at this time. And so in other words, this is what's going to be happening all across America because just as a rising tide floats all boats, as JFK said when he lowered taxes. I guess we could say that when Trump raises taxes, a falling tide is going to make all boats sink.

That's what we're going to be seeing as part of this. And that's really basically what this article from The Hollywood Reporter is talking about. So we're concerned about the possibility of an all-out trade war. We're concerned about just the general economy and how that's going to put constriction on advertising revenue. They said it's really a perfect storm of bad news. The tariffs affect every country and everything. And so it's going to be hard for them to get sponsors. Vietnam, meanwhile, has capitulated, as I said before, Thailand, Vietnam, already saying we're going to cut our tariffs and we're going to buy more American goods.

Don't hurt us. Vietnam has slashed tariffs on many goods, including cars, agricultural products in response to the U.S. move. Cars, wood, ethanol, frozen chicken legs. There we go. That's that. So if you're in the frozen chicken leg business, looking good for you right now. Pistachios, almonds, cherries, and raisins as well.

They're going to take down, I don't know what they had against those products that they didn't want chicken legs walking into their country or pistachios, maybe they can grow pistachios, I don't know. Trump's TikTok idea though highlights his incoherent talk on tariffs. And I said this the other day as well. This is coming from MSNBC, of all things. I said, so he's so concerned about fentanyl that he's got to have an emergency, you know, he's using that law, that loophole that lets him as president enact these tariffs if there's an emergency, a

national emergency. He says, yes, we've got a national emergency with fentanyl. And then he turns around this week and says, but if you let my buddy buy TikTok, I'll take off the tariffs. I don't care about the fentanyl. TikTok is like a drug to a lot of teens. Trump is so desperate to close a deal for the U.S.-based buyer to purchase TikTok, so desperate in fact that he has proposed giving China relief on tariffs if the government

approves the deal. That proposal has predictably been panned by both Democrats and Republicans. Trump said he was placing a tariff on China largely to try to stop fentanyl. The fact that he's willing to dangle a reduction in exchange for a tick-tock deal to one of his friends shows how incoherent his talk about tariffs is. No, it doesn't. It just shows corruption. It shows that this is a robber baron administration.

Government of the billionaires, by the billionaires, for the billionaires is what this Trump administration is. I mean, literally, you look at his cabinet, as I said the other day, look at their combined net worth, you know, and how many billionaires he's got in his cabinet, and how many wanna-be billionaires who are going to be very amenable to anything these large corporations want to do. We've never seen anything like the assembled grift. These people, Tim Cook, Jeff Bezos, Elon Musk, the whole lot of them, none of them care anything

about the issues that we care about. They don't care about the Constitution, they don't care about preserving life, they don't care about our society, they don't care about anything except money. And they flocked around him like a bunch of vultures around a decaying corpse on his inauguration. Record amount of money donated to his inauguration. And I just talked yesterday about a billionaire that ran for political office as a Senate senator and he did not make it past the primary because the incumbent was a Republican But he wants to be in politics very badly And he is somebody the the Trump administration is pushing to buy tick-tock He's gonna let you buy into it as well

You know hey, you know you can give me a few hundred or even a few thousand dollars and you can be one of the founding owners of TikTok. Yeah, right. If he gets his way. Well, there's others as well. MSNBC focuses on Amazon. They said now Amazon has joined the list of suitors who want to buy TikTok. TikTok was said to be banned in January as a result of a bipartisan bill signed last

spring by President Joe Biden. And I didn't agree with that. I'll just say that up front. I don't think that I don't like TikTok. I don't have anything to do with that. I don't want it on my personal phone and I'm not interested in getting involved with it. I think it has been a very bad influence on a lot of people, but I don't think the government should ban it, because if they ban TikTok,

guess what's next? In the next administration, they'll ban Rumble or whatever. We don't want to go down that road. We don't want to establish that precedent. So I'm not in favor of TikTok, but they were going to ban it this January. It was a bipartisan bill that was signed last spring by Biden. It required the Chinese-owned app to be sold to an American-based owner or to stop operating in the United States by January. Trump gets in and he extends it. And he extended it 75 days. That 75 day extension ends this Saturday.

We're just two days away. So Trump's authoritarian power grabs, says MSNBC, in this case, TikTok fans seem very indifferent to it as long as they can still have access to their favorite mind control device. They don't care. So typical, isn't it? Ownership by Amazon, the company owned by Bezos, certainly would not dispel concerns that TikTok could become even more of a boon for the Trump movement.

Amazon donated a million dollars towards Trump's inauguration. Bezos appeared on stage with all of the big tech oligarchs, the techno brats, at Trump's inauguration ceremony. Amazon also did a sweetheart deal of $40 million for Melania Trump to do a documentary about her life. That was just nothing but graft and corruption. And she got a big chunk of that. I think she got about half of that. Bezos has made changes at the Washington Post. He's

radically changing the editorial policy, getting rid of people who have been completely leftist. He's trying to move it more to the right. And so Trump is obviously chomping at the bit to secure a buyer before Saturday in two days. So what will President Jekyll or Hyde do? Will he do another executive order? Well, of course, he can do another executive order. He's already extended it once for 75 days.

I mean, you go back and you look at the lockdown and the fact that they said, well, you know, we have a lockdown. Well, people have lost their jobs. They can't pay their rent or their mortgage. Well, you can't evict them, said the CDC during Trump administration. And Trump was fine with that. He didn't change anything about it. So the people who've complained about it said, do you see what Biden did? No, it was Trump. Yes, Biden did extend it, but so did Trump. Trump allowed them to do it. Trump allowed the CDC to extend it again under his administration and then Biden did it several times before finally the Supreme Court

pulled the plug on them. But you know we can if they're going to do things like that Trump certainly can arbitrarily say well yeah they got to they got to sell it or shut it down. I can extend it another 75 days or as long as he wishes. But the bottom line is not whether or not he extends it, not whether or not somebody buys TikTok, but the bottom line is it just shows that he doesn't care about these tariffs. He doesn't care about fentanyl, number one. Number two, he doesn't care about the tariffs. He's willing to shut this stuff all down. He doesn't care about the tariffs. He's willing to shut this stuff all down. He doesn't care about manufacturing base.

I mean, if he's worried about the manufacturing base, China is number one in terms of taking this stuff. China is even restricting local firms in the lead up to this. Prior to this, they had told firms that they could not invest in the US. So they're already beginning their retaliatory stuff even before these numbers were released. Bloomberg cited people familiar with the matter who said that Beijing plans to restrict local companies from investing in the United States. This move would give the world's second largest economy more economic leverage and trade negotiations. But

again, you know, none of this stuff is going to happen. So in 2024, China was number one in terms of our trade deficit. We had a $295 billion trade deficit with China. Number two was the European Union at $236 billion. Mexico at $172 billion. Vietnam at 124 billion, Taiwan at 74 billion, Japan at 69 billion. And there's a chart on this article showing where they are, but it is exponentially larger for China than the others. Gradually starts coming in and tapers out. And they looked at the 15 companies. As I said, there seemed to be some misunderstanding in the

messaging from the Trump administration as to these 15, whether it was 15 countries or whether it was a 15% thing that was represented at different times and different media by different people in different ways. Well, it turns out that it is the the top 15, evidently, because they've put out a chart now about that. So I guess we could call them the dirty 15. Well, because they've put out a chart now about that. So I guess we could call them the dirty 15. Well, I don't know, maybe you could call it something. You've got the dirty dozen, and that's alliteration, so maybe they could call it the filthy 15.

There you go, the filthy 15 who are destroying our country. It's not the federal government that's not doing this to you. It's those filthy 15 that are doing it to you. America, let's go magga magga magga, wave the flag and raise the tariffs. While the US and EU have similar average tariffs rates of 3.4% and 4.1%. Here is another set of numbers. This is bigger than the World Trade Organization by a factor of two, but these numbers, both these numbers here as well as the

World Trade Organization numbers, are an order of magnitude away from the numbers that are on Trump's chart. Hey folks, something doesn't add up. We're being lied to. Again, the US government has highlighted the European Union's value-added taxes, which it views as tariffs. Well, if they were tariffs on themselves, then that would be to our advantage. But again, it works exactly the opposite way. That's why I said this is an administration that just has lost the plot in so many different ways.

Well, for Senate Republicans, as I said, there was a bit of a rebellion against Trump, which is unusual. This billionaire brat is used to doing whatever he wants and nobody stands up to him. They all kiss the ring and bow at his feet. Four Senate Republicans joined with Democrats to rebuke Trump tear of policy and a key vote. Four Senate Republicans joined with Democrats to rebuke Trump's tariff policy in a key vote. The Senate then adopted this resolution of 51-48 aimed at blocking the Trump administration's proposed tariffs on Canadian imports. This is going back, you know, they move a lot more slowly.

This is one of the reasons why, the wisdom of the founders you wanted wars and trade wars to happen through Congress because they have to move more slowly. It's not one individual. It's a group of people. Once you decide that you're going to have a war, then yes, you need the executive to issue the orders, but the decision to do it should not be entered into lightly or capriciously or arbitrarily as Trump is doing. Now, it's all these wars, including the trade wars. So the co-sponsor of this resolution with Tim Kaine, who was Hillary Clinton's running

mate, was Rand Paul. And they also had Susan Collins, Mitch McConnell, and Lisa Murkowski. Susan Collins and Lisa Murkowski are in Alaska, Maine, Maine, Alaska, I guess. And so they have a lot of connections to Canada. They don't want to see this happening. Mitch McConnell is just opposed to Trump in general. And Rand Paul is opposed to taxes in general and a supporter of free trade. So that's where these four are coming from.

It was a rare bipartisan pushback against Trump in the Congress. Never happens. And, of course, they have a majority in the Senate, but they lost it with this. The impact of the Senate vote will be largely symbolic, however, because the House GOP leaders will not take up any efforts to rebuke Trump. They will not push back on anything that he does. So the Senate can do whatever they want, but it's not going to go any further than that. The resolution would overturn a national emergency declaration that the Trump administration

cited in February to announce planned tariffs on imports from Canada. Again, it's just partisan saber-rattling, but we all know that what Trump was saying, first of all, fentanyl and immigration is not an issue with Canada. Secondly, it's not an issue with Trump either because he's more than willing to set aside this stuff and let all the fentanyl come in from China as long as it'll sell TikTok to his buddy. But there's a lot of partisan saber rattling and it's happening on both sides. You could say a lot of this is on the Democrat side.

But listen to what the Gateway Pundit, I guess we could call them the Gateway Puppets, what they say in response is, breaking the Senate votes to sabotage President Trump's Canadian terror of policy with four Republican votes casting the decisive yes votes. Those traitors, those traitors who went against Caesar, right? Those backstabbing Brutuses that are there. Brutei, I guess, four of them. Four Republicans, says the Gateway puppets.

Four Republicans handed the Democrats an undeserved victory and snubbed the President. Oh, man, this is just disgusting anymore to see most of these so-called news outlets. In a true social post this morning, Trump demanded the four Republicans back off and hold Canada accountable for allowing fentanyl to flow freely into America. And Gateway puppets act as if this is real. Because hey, Trump said so, it's got to be real. So again, he's willing to let TikTok, if they can buy TikTok, if his friends can buy it, China can send all the fentanyl in that they want, no problem.

Nights of the Storm, good to see you guys. And again, you can find Nights of the Storm at their website. They've got a lot of different, they've got a kind of a schedule there of a lot of different programs that are really good, very useful. And of course you'll also find Liberty Conspiracy with Guard listed there. He's on Twitter, he's got Substack and everything, but pull back their comment, I can't see it there, it's covered up. They said, TikTok is a garden for libs of Tik Tok to pick the low hanging fruit.

That's exactly what it is. I guess she's going to have to find something else to do if they should. She's probably not for a ban on Tik Tok. She doesn't want to see that happen. And what would she do? Actually, she's worked her way into the conservative, um, you know, the, the Trump community, as we saw with the JFK paper. She's one of the people out there.

Look, we've got the truth now, finally. Trump gave it to us. Yeah, right. One of the most ridiculous things I've ever seen in my life. Well, we're going to take a quick break and we're going to be having Tony join us in seven minutes, but we're going to take a quick break and we'll be right back. Your You're listening to The David Knight Show. Well Trump has made history by pardoning a corporation. This was sent to me by the way, a hat tip to Harry Hound on Twitter, appreciate that.

Mitt Romney must be very happy. Remember, Mitt Romney said, well, corporations are people too. Well, actually, no, they're not. And there's a very important difference between corporations and people. Corporations are created by the state, people are created by God. Corporations have privileges, people have God-given rights. Makes all the difference in the world, Mitt and Trump. President Trump just expanded the presidential pardon power to include corporations. So, and of course we had RFK Jr. as well. He's probably pleased with this because, remember, as he was saying, you people out there who don't buy into climate change nonsense, you need to be put in prison. You know, nonsense, you need to be put in prison.

You know, the Koch brothers need to be put in prison. They need to get three hots and a cot, you know, three meals and a cot to sleep on. You want them in jail. And he comes back after he's been attacked for what he said. He's now supposedly a supporter of free speech. And then he comes back and he says, well, that's not what I meant. I meant the corporation. The corporation needed to be put.

Are you going to put a corporation in jail? You're going to give a cot to the corporation and three hot meals a day to a corporation? Well, of course, he was lying, and we saw that he was lying because he's now pushing censorship as the secretary of HHS. He wants to censor people who are anti Netanyahu and against the politics even though that country is divided and about to have a civil war. R.F.K. Jr. wants to wade in on the side of Netanyahu and he supports all of this punishment of speech. So he's always lying about that stuff. But

again, you know, talk about corporations as being people, I guess he's maybe happy about that. This article from The Hill has it right, corporations are artificial legal fictions designed to maximize shareholder wealth. They are not people. They can commit crimes and can be indicted and they can be given the death penalty, should be in many cases. Pfizer should be given the death penalty. That company should be disbanded as well and all their assets confiscated and distributed to the people that they harmed, whatever it is. And nevertheless, they said they can theoretically commit crimes. According to a 1999 memorandum from the Justice Department, quote, the important public benefits

of prosecuting corporations include deterrence on a massive scale. They removed all the deterrence for Pfizer to harm people. Back in 1986, it's much worse now with the 2005 Prep Act, crimes that carry with them a substantial risk of public harm such as financial fraud or maybe bodily harm, grievous bodily harm, murder even. So the President's pardon of a cryptocurrency company smacks of political corruption, says The Hill. On Friday, Trump issued full and unconditional pardons to four individuals and a related

cryptocurrency exchange called BitMEX. Last summer, BitMEX entered a guilty plea in a Manhattan federal court for violating the Bank Secrecy Act because they operated without a legitimate anti-money laundering program. You see, I don't even care about that. This anti-money laundering program is just an excuse to spy on people, to put people in jail for taking out their money without trying to structure like they did to Dennis Hastert. On January 15, 2025, BitMEX was criminally fined $100 million in connection with its

guilty plea, which was on top of $130 million in civil penalties. The judge noted that BitMEX, which has incorporated in the Seychelles, had claimed not to operate in the U.S. for several years even though U.S. customers comprised a large share of its business. Although the text of the pardon is not yet public, it presumably wipes out the criminal penalties against BitMEX and forgives the crimes, making it legally impossible for federal prosecutors to go after the company for any crimes falling within the scope of the pardon at any point in the future.

It's kind of interesting to me when we stop and think about corporate crime. One of the biggest corporate crimes, we're told, is the corporate crimes of Volkswagen. Now, Trump didn't do anything to pardon them for that, right? They're given billions of dollars because they supposedly cheated on an emissions test, nobody was harmed. It's a rule that Lee Zeldin and his people don't even support anymore.

And yet he didn't pardon them, and you had executives who went to jail as well. Trump panned cryptocurrency as a scam in 2021 but now since then he has decided that he wants to be the king of scams. He is the crypto king. He is the scam king who is there. Well BitMEX, pardon, sends a different message. Companies involved in financial crime don't have to worry about accountability under this president, at least when it comes to crypto, for reasons that he has no incentive to ever make known. BitMEX can continue its prior criminal practices and it doesn't have to worry about prosecution. So kind of like Hunter Biden,

except that you don't see the MAGA people talking about that one. Well, we're going to talk to Tony because there's been a lot of economic activity. We've had, since we last talked to him, we've had some new all-time highs for gold. And of course, with all the chaos that Trump is doing out there,

the real beneficiary is gold. So I imagine Tony has been busier than a one-armed paper hanger because he's trying to fill orders. Everybody wants to buy something when the price is going up. When the price is going down, nobody wants to buy it. That's the psychology of the markets. But it's still, I think, a good buy. And a lot of people are buying it because they have finally acknowledged what it's all about.

So we're gonna take a quick break and we'll be right back. So So So I'm going to be a good boy You're listening to The David Knight Show. All right. Joining us now is Tony Arterburn of Wise Wolf Gold, and he has set up David Knight.Gold. I'll take you there. And I imagine Tony, as I said before, is super busy right now because Gold is in all the headlines like we've never seen it before because they're seeing new all-time highs, and it benefited yesterday. It seems to be very comfortable in the 3,100 range, doesn't it, Tony?

Thank you for joining us. Tony Bilyeu It's great to be back, David. Yes, if you look at the metrics, the dollar has lost 40% of its purchasing power against gold in the last year alone. David Hickman Wow. Tony Bilyeu These are historic times. $3,100 an ounce gold and it surpassed that. It went into the mid-$3,100 a couple days ago. And that's the key thing, even more important than the price of gold versus dollar, and that is the purchasing power of the dollar. And if it goes

down by 40%, that's really the true value of the gold, isn't it? That's right. I mean, that's really the true value of the gold isn't it? That's right I mean that's what I try to teach is that when you're watching gold go up it's not getting more valuable it's the dollars losing purchasing power against it because it's a monetary metal and I think that's that's the the key to all of this is the dollars losing its its purchasing power it's losing its reserve status, more and more it's being dumped by central banks around the world, and then you add in this chaos, which is, this is, from an economic standpoint, David, I, it's funny, I feel like, you know, one of the, you see those shows from the 70s or so where a kid gets caught smoking cigarettes and the

father would be like, well, here's how a whole pack of cigarettes you know so it gets sick or something and I'd feel like that's what I I wanted tariffs you know for the last 20 years I've been reading about economic nationalism I was an outlier I ran for Congress on this and I you know I looked at all the history of it and I you know give talks about it and now that it's happening it's happening in such a funhouse mirror version of what I was talking about that has nothing to do With this isn't gonna goose the economy This isn't going to to spur growth and we're certainly not setting the the conditions for companies to move here

So this is a this is an entirely different thing that we're watching. And at the same time, you see, I mean, gold is a little bit below $3,100 an ounce day because there's profit taking. I mean, it was massive gains in gold and then everything else, the trillions that were wiped out from retirement plans just in the last 48 hours is absolutely stunning. That's right. Yeah. Trillions gone.

And, and, you know, it is, um, as you said, it's a circus and the ringmaster is Jekyll and Hyde. We never know what he's going to do at any moment. And with all the stuff that's happening, the question is with all these different disturbances, not just with terrorist mode, but everything else, how many plates can Trump keep spinning in this three ring circus to keep this stuff going? But it seems like there doesn't seem to be any limit to that. You know, as soon as one of them starts to, one of them falls off the pole, they start another one and all the media seems to help him.

Both the opposition media as well as the supporting media, they help him to distract people to something else. And so a lot of people have said that they believe that Trump is deliberately trying to create a recession because he'd like to see interest rates lowered. You think that's, I mean, we can only guess at his motives, but I mean, that certainly, I don't know if they'll lower the interest rates, but it certainly is looking like recession. Well, they're going to have to do something. This is going to cause such a massive downturn because again, the other economic conditions and the timeframe for companies to move here and employ people and build infrastructure and make investments, they didn't make those conditions possible. They're just punishing the imports and the folks that are doing business as usual. So

nothing changed there. It's just this is going to throw a wrench in all of the money velocity and things that were going on, the liquidity itself, so that the Fed will be forced to do something. It'll have to lower rates. You have a 1929 situation on your hands, and I think anybody can see that. I don't think that's lost on the central planners. The issue that we're caught in the middle of this, and if you look at the BRICS nations, they're unifying. I talked about it last time I was on the show, they're building cross border payment systems, which is I've been talking about using gold

and other commodities as stabilizing value as the dollar loses market share. And meanwhile, we're isolating our trade partners and people in our own hemisphere. I mean, Canada is ridiculous. And I know that, you know, you can throw out, you know, Canada has like 230% tariffs on dairy and things like that and agricultural stuff. But with NAFTA over the years, and we've had pretty stable trade on most things, you know, without Two high up tariffs or zero tariffs. So that's worked for a long time and it just doesn't make any sense

What we're doing if if you're looking at from an economic standpoint But if you're looking at it from a chaos standpoint, you want to get to a place where the crisis Will call for a resetting of the financial framework, then this is how you do it. And you do it under this guise. And of course, using this, you can blame others. And there's got to be some underlying strategy in here that has nothing to do with what they've been. I mean, Trump's right when he talks about the era of tariffs. And I talked about that for you. And it ended really in 191313 that was when you get the Federal Reserve the income tax and you get you know the first real free trade policies in the United States with Woodrow Wilson and it's been absolutely destructive he's he's right about that except he left

out the Federal Reserve he complained about the income tax but he doesn't say anything about the Federal Reserve right Right. He created there. So, yeah, because he wants to be able to have that kind of impact as Powell. As a matter of fact, he wants Powell to take his orders so that he can do all that. No, I think you go back and you look at CBDC, that order that Biden had in the spring of 2022, and he wanted to – he said to all the people, you know, here's four things I want you to do. One of them, one of the four, they had to do the code for the crypto, they had to come up with a marketing angle.

Hey, we're going to save the planet because we don't have to do any mining. We need law enforcement that's going to force it on people. But the first thing was completely redesign the financial system. Trump is doing the same thing. He's just doing it in a different way. And he's doing it in a more effective way because people, Biden just does it by, here I'm gonna ban this, I'm gonna force you to do this,

and here's my order to do this. With a lot of the stuff that Trump is doing, yes he's done a lot of executive orders, but a lot of the stuff that he's doing is very subtle. In the same way that he's coming up with a private digital currency, he's also coming up with a different way to completely reset the financial system for that private digital currency, I think. There's an article up on Zero Hedge. Maxine Waters was,

of all people, saying Trump's going to create his own coin. It's going to be his coin that replaces the dollar, which she might not be that far off the mark. I mean that's kind of I mean she's characterizing that and I think a ridiculous way but no stable coins and other things. Oh we've talked about that. That's kind of a Trojan horse if you you know you can get rid of so-called CBDC but if you use the the FedNow system and the backbone that they've already built and you use something else. Oh this is a this mirrors the dollar and it's electronic and it's blockchain. You have to watch out for all that. And we're not through the woods yet on CBDC. That's right.

That's not even close. I didn't think so. I mean, Trump said that in Nashville at the Bitcoin conference that there's never going to be a CBDC. It just won't be called that. It'll be called something else. This is the flip side of the public-private partnerships that you get, you know, when you get a different administration as opposed to Biden. It's a different strategy, but the same result. And what bothers me is the economic crisis that will be needed, they're getting, you know, it's kind of like Project for a New American Century, you know, they came out in September of 2000 with Bill Kristol and others, you know, that think tank, they needed a Pearl Harbor style event to usher in like rogue state rollback and all this, these seven countries in five years, all that

stuff, the Neocon project, well one year later they got it, you know, so you're setting the stage here for something I think is, you know, it's going to be an economic crisis that will lay the groundwork for a lot of things if we're not careful. And I think a big part of this, you go back and you look at Curtis Sharvin and these other people I talked about last couple of days, he had war game, here's what Trump needs to do, you know, they need to completely, America needs to get over its fear of dictators and we really need a dictator because that's the only way that we're going to get what we want, you know, and there's a lot of these

former libertarians said yeah, you know, we're going to have to have a dictator to get us to a state of liberty, you know, talk about cognitive dissonance there, you know, how do you get rid of that guy, right? Once you put him in there. But that's what they're talking about and how Trump needed to be a dictator. And so when he creates chaos, when he creates destruction, that makes a case for him being a dictator. It makes a case for everything that the government wants to do. And when you look at what Maxine Waters is saying, I think she's onto something in a sense. And I talked about this as well, the world liberty thing that the Trump family has set

up. They're going to make about a half a trillion – yeah, half a trillion, I think it was. No, half a billion they've made off of this, and it is just right off the bat. But they've got the potential for a lot more. I think primarily this so-called DeFi thing of world liberty. It's not decentralized. It's very centralized. It's under the control of the Trump family. But I think that they're gonna use this as payola because people can make anonymous,

jump into this anonymously. And that's a great way to launder the money for what he's doing. But I think that there certainly is going to be a stablecoin, and as we've talked about this before, stablecoins that are dollar-based are going to be a way to handle the problems they've got as to who's going to buy our worthless bonds from the treasury. Right? Well, we can have a stablecoin, people buy it.

They don't want to have a situation where they can't sell these bonds. So all of this stuff, all this crypto stuff plays perfectly into what the techno brats want and what Trump wants with making money. And all this chaos feeds into that as well. I don't know. It seems like that's what... There's a lot of open questions here for me. Something I study this every single day. And you had Larry Fink, the head of BlackRock, came out a few months ago. Well, not even that. It's only been like a month and a half ago.

He's at Davos. And he said that Bitcoin was going to 700,000. And they're gonna make... And BlackRock, they get their return. It's something I said in January of 2024 when Bitcoin was trading at 30,000 or so. And I said, look, BlackRock's going to launch this ETF. It was the biggest ETF in history.

They're still accumulating. There's still net inflows into those ETFs. However, gold has caught them, I think, by surprise. It's hard to say. I don't think there's a monolithic structure base here. I think there's a lot of chaos going on. There's a controlled demolition of the dollar going on This is some somehow this is part of the game But I think you have different factions here because you go on one hand

Bitcoin is not is not stood up to this chaos and uncertainty It mirrors the market very much in the sense that if the market is scared, if the market is on the run, if the market's in a sell-off, in a bearish mode, Bitcoin follows. Right now it's down from, it was 86,000 and some changes, 82 this morning and of course that's off of 108,000 on inauguration day on January 20th. So the crypto space hasn't weathered very well. But gold, like we talked about this before the election, gold and silver took a massive hit after Trump was selected

and going into inauguration day, and then now it's reversed. The roles are reversed. Even with all the strategic Bitcoin reserve and all the stuff that's been deregulated on crypto and the new SEC chairman, all that stuff, everything's still down. And that's because so much of this is tied to the markets and so this to me is it's signaling something else and as I watch it I'm I'm I'm cautious not to to make predictions because even

I'm a little stumped on this I think what we are watching is the death of the dollar but the the question mark hanging over is what's this is this an intentional strategy to tank it because what you're looking at is weaker dollar no matter what if Powell steps in and lowers rates you're looking at a further loss of purchasing power against gold the world continues to dump the dollar and of course if it goes to something like a hyper inflation or a crash, that's where you can usher in the CBDC through public-private partnership staple coin stuff. So it's hard to say exactly what's going on. None of this is good, to put it that way.

Oh yeah. Yeah, I think it's going to go in a direction that's going to make money for Trump and his friends. And I think a lot of people are starting to see that. I think it was a real tell when the things that he's done with crypto, first of all, the Trump coin, the Melania coin, being connected to the same company that was being investigated for what was done in Argentina and all the rest of this stuff. So that was one data point. Then when he comes out and starts talking about the Bitcoin Reserve, and he starts talking about other coins that aren't Bitcoin, that haven't been used as an asset. They've been used as setting up smart contracts and used as clearing payments and things like

that. So people started, wait a minute, what is this really about? And I think that has shaken a lot of people's confidence in what Bitcoin was truly about. And of course Roger Ver in his book talking about hijacking of Bitcoin, he said, hey, it was set up for transactions. Now these people have turned it into a hijacked it and turned it into an appreciating asset. And it's not really clear how that's going to work out. We do know that gold is an appreciating asset and I guess maybe with Trump's actions as well as some of this other stuff, some people are starting to have second thoughts about it, especially when you see

BlackRock come in with the ETF as we point out, it's one of the most ridiculous things. There's absolutely no reason to fractionalize that. It is no more liquid, no more easy to do a transaction with a Bitcoin ETF than it is a Bitcoin itself. It made no sense at all. No, for people that there's a deficit there, they don't understand how to buy Bitcoin, how to hold Bitcoin. There's a huge, that's where all the money is. You know, was it Babyface Nelson asked back in the 30s, why do you rob banks?

That's where the money is. That's where the BlackRock went to the boomers and they went to people that don't know how to set up wallets or don't want to touch Bitcoin or whatever. That's the majority of where the money is held in the United States. So that's what they went to. Unfortunately, that gives them leverage and I think undue influence on the Bitcoin network, so be it. I mean, Bitcoin is an open network. Anybody can get involved. So even if you know, giant bankster consortiums can do it.

And I thought it would push the price of it. You're right. It was meant to be something else than what it's become. It's still the only real crypto. It's the only crypto that I deal in. Not that there's anything wrong with some of the other coins, but it's only crypto that I deal in. Not that there's anything wrong with some of the other coins, but it's the only crypto that I deal in with my business. And I look, there was a tweet that was put out the other day. I was on your show and Catherine Austin

Fitz replied to me and said, you know, Bitcoin's a scam, Tony, sorry. And she may be right. I may be wrong. I know, I know that it's changed the minds of millions and millions and millions of people. I don't think it's getting them prepped for CBDC. I think a lot of younger people looked at Bitcoin and they never looked at the fiat system before. And now they're skeptical of fiat currency and central banking and everything. I think that's a good thing. You can't reverse that. The educational process of Bitcoin has been, I think, tremendous for the world. So we'll see. But definitely, it has not held up, even as a store of value, against this uncertainty. It has not done that. And it's not doing what a lot of the Bitcoin maximalists

believe was going to happen. I don't think that's going to happen anytime soon. Because we're entering into, you talk about about all the time, fourth turning institutions are rolling over. And now that we have the BRICS nations, again, I'm going to keep saying that the BRICS, they're unifying more and more getting stronger and stronger. We are getting weaker. And And our alliances are being scuttled just willy-nilly. And so there's a lot of uncertainty out there. It's definitely reflecting in the markets. I think we've only just begun to see what gold can do, David. And I haven't been somebody that's like, you know, doing a lot of price predictions because I've been wrong.

I've actually been a little bearish. I didn't think we'd see $3,100 an ounce in the last five months. I wouldn't have predicted that. But I will say, I think silver, another part of this equation, governments are quietly adding silver to their balance sheets. The Russians have done that, the Chinese, others, they're quietly adding that. I think even the United States. And I think that this is something that we have to watch silver very closely too. I think it's about to break out of its current gold-silver ratio that's absolutely ridiculous and has no basis in history. And you remember the all-time high of silver is $52.50, and now it's in 1980.

So we haven't broken that since 1980, so 45 years ago. We're going to see, I think silver is going to break out soon. A lot of these commodities, copper is at an all-time high, by the way. Copper and gold together, these mining stocks are up. The world is lurching towards commodities and real limited assets and in a world of, you know, a fiat soaked in debt and the rest with so much uncertainty. I think we're just, this is the opening salvo of the great reset. Well, you're right. And when we talk about people moving to real assets, I think a lot of people just haven't gotten the memo that we were all served in 2007,

2008, because there's nothing more real than real estate, right? And look at what they were able to do with ETFs, and yet where do we see people going now? We see people – part of the story this last week about the big increase in the price of gold, they said massive inflows into the paper gold, the ETF gold. And so massive inflow of money into paper gold. Now these are people who have just started paying attention, I think, to gold.

They don't really understand what this is. The gold ETFs don't make any more sense than a Bitcoin ETF. And the people don't really realize that it's not going to track the price, the spot price of gold. It's not going to go up and down with it. They don't really realize that they don't really own any gold with that. And I think that's the big memo that needs to be gotten out, the Financial Times saying investors flock to gold funds as fears over the Trump Terrace Mount.

Well, it's actually more like a fund house, right? Of mirrors because you don't really have anything there. It's very much like all these securitized, tokenized things. And I think, by the way, you know, when we look at all this digital stuff, I think that it's this tokenization that we've really got to watch out for. They want to put everything on tokens, all physical real assets, property that people own, all that. They want to tokenize everything and they come back and they say, well, that makes it easier for us to trade. Well, it also makes it more volatile and it also means that you can lose everything. And I think

that's what these people are setting up. We already saw this happen in the Great Recession. So I think that's a big part of it that needs to get out there is this, you know, watch out for the tokenization, watch out for the securitization, watch out for these ETFs and things like that, regardless of the assets that you get into. That's their way of control. Yeah. And it takes something that's real and limited and finite and, you know, something that has no counterparty risk and then you give it counterparty risk.

That's how you have leverage over the financial system. I think something is interesting that I've never seen before and that is where my business did a lot of inversions in the last year. I mean, it just completely turned its on its head. Now we still have the smaller purchases have actually increased Wolfpack and some of my subscription stuff has actually increased, but my direct sales have gone down and they've gone down to a place where it's almost alarming.

I don't wanna use alarming because on the flip side of that, people are selling to me. Now in a market where, and I talked to other dealers, I talked to the trading houses, I asked them are you seeing the same thing? They're inundated. So here's the question mark that hangs over this. Let me ask you this before you go for it. What do you mean when we say direct sales? You're making like a large purchase as opposed to... Like somebody calling me and saying hey I want 25,000 and gold and silver bullion. You know do a 50-50 mix. Those used to do, you know, it's not uncommon

for me to get 50, 100,000. You know, you do these larger purchases and those were frequent. We don't see those anymore. We see them, but they're not like they were in the last, I mean, five, six years, Dave. I've been in business since 2018 and with Wise Wolf. And so I've seen a lot and this has never happened before and what's happening is where people are selling to me because of the economic conditions, they're raising capital, prices are up. Well, that begs the question though, if you haven't, if the public is selling, but prices continue to rise, somebody's buying and I'm looking at the flow

and I'm asking even the larger trading people and these are institutions. So if you're buying right now, because you can afford it, you're right. I mean, you're matching the large capital, you're matching those who have intelligence and I'm not talking about like, I'm not talking about cognitive ability, I'm talking about they have intelligence and simulations that they're running all the time through these, you know,

think tanks and they're watching the trends. So if you're buying, you're actually mirroring what the wealthiest of the wealthy are doing. The average is selling off because well they might have to based off of you know they can we're in a crazy economic condition right now with with inflation and everything that's happened we have a very weak dollar and liquidity is limited so I understand that but prices continue to rise as people continue to sell so somebody's buying and look, you know, you mentioned early about the ETFs institutions All it's gonna take and I think you're already starting to see it, you know billionaires starting to buy physical

gold and silver You know for actual delivery. It's gonna change everything and we're getting we're right on the cusp of where that starts to happen David I think just this never happened it's always been convenient for them to buy GLD or SLV or whatever a market and some fund I don't think that's gonna fly anymore I think they're gonna ask for physical delivery and it's all bets are off at that point you know I think that you know this this article from Financial Times that central bank buying has been the main driver of gold purchases in recent years, but the recent surge in gold ETF inflows highlights how fears over the economy and stock markets have drawn.

I think that's the key. I think you've got people who have been investing in the stock market. Stock market has had a really bad beginning here of this year and the Trump administration. And so these are people who are typically stock traders. And so they're going to look at, oh, yeah, I can get gold as a stock, as an ETF. And they don't really understand what is there, the issues behind it, and it's an easy transaction for them. They're already working with their brokers.

I just sell this stock and I buy an ETF. They aren't really thinking about that and I think that's really what is happening with it. But as you pointed out, you've got gold bugs out there, maximalists like Max Kaiser, Max the maximalist. He has been a Bitcoin maximalist for a long time. Now he's out there talking about gold backed crypto because he can't get away from the crypto mindset, right? Can't get away from the tokenization mindset. I mean it's just, Max is just gold. Don't complicate it, right?

But again, even he is now seeing this as like, well, yeah, maybe I ought to think about that. I know a gold crypto. So I think that there's kind of this mindset where people have to move. The people who are owning stocks, first thing they're going to do is they're going to go to the gold ETFs. They don't really understand what that is or whatever, but they're going to do it because that's their mindset. They're working with that broker or whatever.

And then I think the people have been working with the crypto stuff, Bitcoin. A lot of these maximalists like Max are going to say, well, okay, what can we do with gold in a crypto world? They're looking at it from that perspective. But I think the key thing is the fact that it is physical, that it is outside of any of these systems, the stock market system or the crypto system, to me that's its real ultimate strength, is that it is – you know, what makes it truly priceless is the privacy aspect of it.

Well, that's true. I mean, no counterparty risk. If you have physical gold and silver and you get to a certain amount you're gonna wanna have it stored somewhere. And if you need to do that, give me a call and I can point you in the right direction. I don't do storage,

but I definitely understand the need for it at some level. You're right about Max Kaiser and others, I think there's a lot of smart people in the space right now, whether they're crypto or whether they're precious metals or kind of people like me, which are both. And I think nobody has a clear picture of what's actually going on. We really don't know. Yeah. Even the German government, the politicians in Germany are worried about the gold in their vaults in the US. Even the German government, the politicians in Germany are worried about the gold in their vaults in the US. You know, so it's going on with it. Yeah.

No, it really is, I think, a sign of the times. It reminds me a lot of, if you ever read The Guns of August by Barbara Tuchman, it's about the lead up to World War I. You know, they had so many war plans drawn up, David, both sides, you know, the Germans and the French and the British. they all worked on the Germans especially. They had something called the von Schlieffen plan, you know, and they're just always constantly updating their war plans at the beginning of the 20th century. And of course, it kicked off finally in the summer of 1914.

And then all those things were off the table. Nothing, I mean, they had plans and plans on top of more plans and then everything failed. And I think we're all looking at this. We all know there's a tsunami of debt. We're in a sea of infinite fiat and it's debased itself. It really is truly disgusting. If you look at the amount of people that are going to be wiped out, you know, there's that great scene from the from the the big short with Brad Pitt and he's talking to the

two kids that figure they've they've stumbled upon this you know what was going to happen in 08 with the housing crisis and and they're all proud of themselves he said you people you know you realize people are going to die you know like this is going to affect it when a certain you know market conditions and downturns like there's a certain amount of deaths that follow there's there's poverty there's misery and you know the average person is going to affect when a certain market conditions and downturns, there's a certain amount of deaths that follow. There's poverty, there's misery, and the average person is going to get caught off guard. So none of us really have a clear picture, but I do know watching the dollar lose purchasing power against gold, watching the now we're starting a currency

and trade war together, watching all of this. Going back to our original argument is being outside of the system is more important than ever and that's taking control of your own destiny when it comes to like your work and your savings. This is all a representation of energy. You want to have to be as far away from counterparty risk as possible. You mentioned real estate. Real estate's overpriced. We're in a giant bubble with that as well. I don't think, and this is maybe, you know...

And who can buy the real estate? Blackrock can buy the real estate, right? That's been the plan. They just create money out of thin air and of course they buy it. It's all fake. It's all based off fake. I don't think that we're in a bubble for precious metals. I don't think that true price has been reflected in our current markets and people can say well tell you it's at all-time high. I don't buy it. I don't think that I think there's so much manipulation that's going on the last 50 years, especially in the last 20. I think that we're just at the beginning

of an absolute tsunami of revaluation across the board. Precious metals are just getting started and this is gonna be, it's mirroring, and reflecting where we are. If you go back and you look at it, I've been talking about the writings of Curtis Yarvin who basically is idolized by Peter Thiel. I mean, they look to this guy for ideas and they echo what he has to say. They're talking about accelerationism.

They're talking about accelerating and intensifying the chaos so that they can burn everything down. They're just like the world economic forum. They want to destroy everything so they can build it back better, so they can build it back with themselves owning everything and in control of everything. And so this is what everybody who seems to be in power, regardless of what their political philosophy is or what they would like to build back, they all want to burn it all down right now. And that's the key thing.

That's why we've got to get out of that system as much as we can. And even to the extent that everybody is starting to see how we're on the verge of collapse, as you pointed out, World War I, everybody was making plans because they could see the war was coming. Well, everybody's making plans now. You've got these German politicians saying, wait a minute, should we have that much of our gold in New York and in America? Maybe we should repatriate that. And everybody's kind of circling the wagons and putting up barriers to things and prepping for a storm that is

coming. They all see the storm is coming. And we need to do that as individuals because these people aren't going to do anything for you. It's all for them. They're going to leave you to die. This is like the Cold War again, you know, the plan to save themselves and let everybody else die. This is continuity of government that we're talking about here. And that's their attitude. They're not going to do a thing for you. And so you need to make preparations and prep and things like that. And a big part of that is going to be having something that is outside their financial system that has value and it's going to have even more value after all their schemes have

basically blown up, the pump and dumps after they've pumped it and dumped it. You don't want to be a part of that. Yeah, when they're done with it you can have it. That's really what we're seeing. When they're done with the markets, when they're done with their schemes, that you can have what's left in the crumbs at the table. And you know, if you just, you have to look at what history teaches us. You know, whether it's a Fiat scheme, you know, whether it's a Ponzi scheme, whatever it is, it always comes crashing

down. You know, and you look at history with the French had this with, and it's a blurp in history, but it's John Law. If you ever read the history of that, it's, you know, mid 1700s, David, the French, because this is Scotsman named John Law, he gets close to the French king. And he says, you know, they're having some economic problems in France. He said, well, look, I've got this strategy. He basically just print, you know, these notes direct from the treasury.

And you know, there was this economic boom, and then he went and sold, you know, the Louisiana Purchase area, you know, all that stuff that the French held for a long time, and he sold off shares in that. And they just kept inflating the shares, and there was economic prosperity for a long time and he sold off shares in that, and they just kept inflating the shares. And there was economic prosperity for a while. A lot of people got, on paper, got really rich. And then all of a sudden, you know, somebody said, well, I got to, I'll go to call in, you know, and turn in these notes, I need some gold. And then a few others did that. And then there wasn't any gold, and there wasn't anything to back up the notes that they had printed and it did the entire thing collapsed in on itself

like you know like a dying star and everybody you know there was so many people that got wiped out like it was an absolute economic disaster that's what happens with fiat currency it's just that this has been on a much larger scale you know a lot of people look at 1971, they'll say, well, we've, you know, since 71, we have, we've lost, you know, we certainly, if you believe in the space race, we haven't gone back to the moon, we haven't done this or that, we have lost so much footing in the, in the engineering aspects and other technological advances, we didn't stay on par. You know, what happened? Well, we left exactitude. We left the gold standard or what the semblance of any kind of fiscal sanity. You have, you know, trillions that have been printed

off the books, you know, to fund the deep state and other things and things that shouldn't exist. We live in a funhouse mirror version of what an economy is supposed to look like, and so none of that is sustainable. I think that it has direct correlation with the fiat system with corruption, and so we're watching this is going to play out. First of all, you know, we talk about tariffs. You can't fix the trade imbalances unless you fix the monetary imbalances. That's right. That's right. And he doesn't mention that. Yeah. Yeah. And he's not going to bring manufacturing back as long as he's got all these regulations and taxes, but he's really looking at lowering the taxes that you see

while raising the taxes that you don't see. It's all just a shell game. You were talking earlier about Intel and saying it wasn't intelligence. As you talk about John Law and all the rest of the stuff, remember that Isaac Newton lost a lot of money in I don't know if East India thing or Tulip Bulb Circle thing or Tulip Bulb thing or both of them. I don't know. But this is a guy who was no intellectual slouch. He created calculus and physics that people have used for the most part.

Newtonian physics is the basis of most of the real stuff that we do. But he got snookered by this. And so it's not about intelligence, but it's about Intel. And it's about looking at what the people who are manipulating the market are doing. And you're right, you need to take a look at the central banks. There's this disconnect now between what people at the retail level are doing and what the central banks are doing.

And just watch the people who are going to be the manipulators. Trade stocks that Pelosi trades. Follow her. Follow Pelosi. Follow the central banks, you know, trade stocks that Pelosi trades, you know, follow Pelosi, follow the central banks if you've got the money. And of course, we're getting into difficult times, but you know, if you've got the money, that's what the way you need to invest it is by following the manipulators out there. Well, that's one way to do it. You watch the, you know, follow the corruption, you follow the profit, you know, who

enriches themselves in this current system, and even they will be affected. I mean, I don't think you'll be able to hide from what's coming. I mean, even like look at the trillions were just wiped out in an instant. Think about a lot of those people if they just, you know, six months ago traded in those 401k's or IRA's and said I want physical gold You know physical silver and put it in a third-party vault, you know But I sleep pretty good at night knowing that I put people because first of all if you call me I don't put you in like collectibles and other things

I mean, we're just gonna put you in the best bullion that we can that's acceptable by IRAs But I've looked at some of the charts and things, the deals that we've done for people, and I'm thinking, I've done pretty good for them. Look at the prices, I mean, if you're just going off spot price, everybody's doing okay. So, you know, it's not as, if you look at the gold too,

at the end of the 20th century, David, it was less than $300 an ounce. About the time I was going in the army was less than $300 an ounce. About the time I was going in the army, it was less than $300 an ounce. Put that, juxtapose that to the stock market today. If you just started accumulating physical gold, or even physical silver at the same time, and then put that against where the market is today,

which one are you better off in? Are you better off being your own bank, you know, and holding without counterparty risk or are you better off holding paper and fang stocks? Well, Jim Cramer would tell you, he'll give you some metrics about how it's up and blah blah. Gold is $3,000 an ounce, you know, give or take. Okay, it's 10 times. So that's just physics. You didn't even have to do anything. You don't have to do a lot of analytical research. You don't have to worry about who's on the board.

You don't even have to polish it. It's not Enron. You don't have to worry about Worldcom going out, Lehman Brothers or anything. You just hold it in your hand. And so, I mean, it's really, it's funny because, you know, the deeper you get into the financial system, you think that these people are geniuses. You mentioned Isaac Newton and there's been a lot of smart people that go broke. I mean, Thomas Jefferson, who I love. I mean, I admire so much and he's one of my heroes. He's terrible with money.

Oh yeah. I'm not smart like him, but I do a pretty good job when it comes to knowing what like the monetary system is. Something I see in that, you know, in the way that, you know, I don't think he saw it that way. And, you know, he died, he was at millions and it was like a million dollars in debt, I think at the time. Well, you know, he was, he had the things that he loved. He didn't love money that much. He had all these books, which in those days, collecting books is almost like collecting cars today, you know? And then when they burned down the Library of Congress, he donated his book collection

to them, you know? He's not looking to make a buck, you know? That was one thing about the founders. They were not there like Trump in order to feather their nest to become multi-billionaires. They were not about that at all. And so in a sense, I understand that. I feel that way myself. I'm not interested in that, but I am interested in fighting tyranny, especially in my life.

And so I want to make sure that I've got something that isn't going to be spying on me. Your gold is not going to be calling into the Geo and Spatial Intelligence Agency and telling them what I'm doing here. But your money is in every other form. Your dollar is going to be doing that. All of your stable coins are going to be doing that. You name it. Every one of these other things is going to be doing that except for your gold.

Your gold is not going to report on you. It's also not going to run away when it gets a whistle from the government to do so. When you get deplatformed or they don't like your opinions, they are not going to just be able to say, �Yep, it's gone, the wave of a pen.� So I think that's the key thing. That's something we haven't seen before. We've always seen the situation, we've all got the tales about people seeing

big economic unrest coming, and they sell all their stocks and things like, put it into gold, and then when the depression hits, they're liquid and they can buy a lot of stuff at far-sell prices. Well, that's great if you see that coming, and if the timing works out, because it's one thing to see it coming, it's another thing to see the timing. But this is completely different. We've never had a situation where they've

tried to control every aspect of our life with a digital currency. And that's what makes this time different. Now, we've seen the financial stuff and it's worked out great, but even if it didn't work out great, it would still be a wise thing to do because we've never seen this kind of threat to our lives before like we do from the digital cash. I agree 1,000 percent, and this is the climate is being primed for that. We have to be very careful. Eternal vigilance is the price of liberty. You know, that's what we have to continue to strive to understand and uncover what's happening. I don't think people looking at this through the lens of economics, I think there's something much deeper here. Oh, yeah. You know, and I don't pretend to know everything when it comes to this. I just

know that the monetary system itself is imploding and faster than I thought possible, David. I didn't think I'd see this, but we are watching it, so it's gonna be interesting. Living in interesting times, as we always say, every Thursday. Yeah, it really is. Yeah, you look at all this stuff, and I remember a few years ago

going to a big car show in Austin and I went around interviewing people and did a report on it and I would ask them, I said, so you realize that they want to get rid of all these cars. You know, they had classic cars, they had customized cars and all the rest of the stuff. You realize that they want to get rid of this. You think it's going to happen? Oh yeah, it's going to happen. But it's not going to happen in my lifetime.

Now you would expect that it's going to be a lot of elderly people, retired people in the 60s and 70s are saying, �Yeah, I think it's 20, 30 years away.� But no, it was also people who were in their teens. You know, 18, 19 year olds, �Ah, they're not going to get rid of cars in my lifetime.� It's like, �Really?� Okay. And now we see that even for those of us in our 60s and 70s, it's coming in our lifetime. That's the way they've accelerated this stuff. I thought it was interesting to see how these people thought, no, that's some point in the future.

I don't have to worry about that. But now it's on all of us, regardless of our age, what they're planning on doing with all this stuff. But tell us a little bit about, I'm sure, like I said before, I'm sure you've been really, really busy there at Wise Wolf. You said that those, it's mainly been people selling to you. Is that correct? I think that's the majority.

And we've gotten some, some good direct sales that, you know, people that have been purchasing from us and we always have that. And that if you're doing that right now, good for you because so, so, so is the largest capital and holders in the world when it comes to precious metals so you're done good yeah we've seen a change there and it is concerning to me because i think that a lot of people are going to miss out if they're not you know they think that there's going to be like a yeah i've had people come i'm waiting for the downturn i don't know i don't i don't i just don't know You have a cartoon of a skeleton covered in a spiderweb saying I'm waiting for the

downturn. The financial system is collapsing, you know. Just, I think you might misunderstand if, if you're waiting for something to turn down at this point, I think you might misunderstand the monetary system. And in a complete collapse, it might go to something, but then no one's selling. So I don't know. I think, you know, it's definitely a good time to buy. It really is. We never know what's gonna happen.

I mean, you know, I was kind of surprised at how much it turned down as everybody got so enthused about Trump and his crypto stuff. But as you and I talked about, the fundamentals had not changed. And so that certainly was a buying opportunity. I talked about that. I said, gold is on sale. Remember that? I love the commercial. The commercial is like, it's on sale. You know, Trump euphoria has put gold on sale.

And now people are starting to have some buyers regret when they look at what's happening with Trump and what's happening with the economy. And so that's the reality. The fundamentals didn't change. There was a lot of hopium that was being snorted by people for a while there. And they're starting to have the, this is like the morning after, you know, they got the hang of the Trump hangover, I guess, is starting to kick in. Well, anything else you want to tell us about what's going on at wise Wolf?

Well, we've, uh, continued the membership program is, is doing great. And, uh, we added Sigma Wolf, which is at the $750 level. And I made some changes in there starting at that level. It's set up 750, which you can make one time, but all the stuff on Wolfpack, you go to David Knight.gold. If you go and hit that tab says join Wolfpack, all of those are, you can make one time, all the stuff on Wolfpack, you go to David Knight.gold, if you go and hit that tab that says join Wolfpack, all of those are, you can do one time or you can do subscriptions.

And we don't make it hard on you to get in and out of that. If you want to stop the subscription or what, we don't, it's easy. My team is like this ready to pounce on an email. We don't let you languish or give you 5,000, you know, are you sure you want to count? We just like, sure, we will help you get in and out um but the 750 level that's where you can pick gold silver or mix so we can give all gold all silver or mix and then you know we'll fill it in the order you know based off whatever we buy whatever we're getting in that week uh so that's something that i added to be a little bit more competitive because it was it jumped from 500 to a thousand. So those

are some ways like you know just doing a one-time purchase through Wolfpack if you can like even if you don't want to set up on it that's a good way because we sweep on those invoices I squeeze every bit of value I can out of those. So that's a good way to do it. I know not everybody has you know we did something that the other companies just don't do. I mean, we, we care about regular folks. Not everybody has, you know, tens of thousands of dollars to buy precious metals, but you can go ahead and, I mean,

if you're stacking precious metals right now, you're being smart. I mean, cause again, it's not some, the dollar is not gonna, it's not gonna hold up against whatever all of this is happening right now. It's not gonna hold up against whatever all this is happening right now it's not gonna do better the dollar is not gonna be stronger two years from now against commodities it's just not yeah so something to look for there and I and I would add to that you know we do broker

Bitcoin that's fully operational else you want to to buy Bitcoin, just let us know. And we can set you up with a wallet, do all that. We, it's a white glove service. So we're doing that myself and my brother, he's helping me. And he's been, we've been in the space since 2016 and we take Bitcoin as cash. We don't charge fees. You want to buy precious metals from us? Let us know.

You can do it on the, on the Wolfpack side or you can go direct with me. So we should get in contact with Max Kaiser. No, you want to get rid of your Bitcoin? You can switch it over into gold. You don't have to worry about somebody coming up with a crypto gold. You can do it right now at Tony's. That's a key thing. And I think it's key as you pointed out, you've got that larger level. Maybe somebody doesn't have 750 a month that they want to put into it. But if they want to do one time purchase of 750, it's a great way to go. As you pointed out, gold, silver, or mix. Yeah, that's just one of them. We start at $50.

We've got $50 a month. Yeah. And that's the majority of our members. Yeah. I mean, it's a lone wolf. It's the majority, but we've got everything in between. So if you want to hit it one time, you can do that. You can use Bitcoin.

I'm trying to make it as easy as possible to get in and out of the fiat system. That's great. And what I like about it, I've said this as well, when I was talking about the ETFs, I had somebody with a question saying, so what should I do? I don't have a lot of money to put in. It's like, well, you can get $50. You can do it one time even at Tony's. And what I like about it is that you see that you can get physical gold in a fraction of an ounce.

And there's a lot of ways that it can go out there. And the chiclet things and the gold paper notes that have the physical gold embedded into them and are woven in. I forget what that's called. Goldbacks, yeah. Goldbacks, yeah. So you get goldbacks, you can get chiclet break-off, stuff like that. So a lot of different ways that you can buy gold in a small dollar amount. And so there's a lot of different opportunities there. And that's one of the things I like about Wolf Packet.

It introduced me to some of those ingenious ways of subdividing physical goals. So I really like what you do, Tony. I've worked with Tony for a very long time and I've been very happy with what he has done for us and with us. So again, David I. Golden, take you to Tony at Wise Wolf Gold. He's got a lot of ways to help you prep to get out of the system because the system is coming after you.

That's really what's happening. Thank you so much, Tony. Oh, you got a – Thank you, David. One more thing, you got a program following today after my program. Is that correct? Yeah, come find me on, I'll be on Rumble on the America Unplugged channel and on my ex, Tony Arterburn will be live there for the Arterburn radio transmission. It's an hour and we're going to be live. We'll continue this conversation over there. Good. That'll be great. All right. Well, thank you, Tony, and thank you for joining us, and thank you for your support.

Folks, we'll be right back. Here's a little song I wrote. You might want to hear it in your pot. You'll own a nothing and be happy ain't got no cash ain't got no car but 24 booster shots in your arm owe nothing be happy you can't even buy s*** in the store because of your low social credit score. Own nothing. Be happy. You will own nothing.

And be happy. Woo-hoo! Be happy and eat the bugs. They're doing what in the place they named after me? Good thing I have the David Knight Show to keep me informed on the plots of these traitors. Making sense. Common again. This is The David Knight Show.

Good evening. Tonight's tale is a story of paranoia and a most unexpected perpetrator, the common cow. Or, more specifically, what comes out the other end. Yes, the air is thick with intrigue, as it seems that in our modern age of propaganda even a humble bovine's backside can be branded a national security threat. The menace is invisible, silent, yet deadly. Carefully contrived to panic the masses into accepting the government stepping in, jackboots and all, with their solutions. Because who better

to stop a gaseous threat than a bunch of political windbags? But one must wonder, is this truly about saving the planet or are we simply being led to pasture? Is it merely a MacGuffin? The David Knight show serves as a breath of fresh air for those who still believe that truth can stand up to scrutiny. And he's found that the government narrative smells suspiciously like a load of bull. So if you want to help others catch wind of the BS being shoveled out of Washington, please consider supporting the show. And now back to our regularly scheduled program.

You're listening to The David Knight Show. By the way, as several people have suggested, and of course it was right to do it. I had been waiting to put Hitchcock up when I could do subtitles on it, which is what most people do on social media, but we went ahead and just put it up as it was. And so it's now pinned to the top of my Twitter account, Libertarian. So we've had some people say, hey, can you put that up and we'll pass it around? So please pass it around, I think. It'll help people to see what's happening with these political windbags. And we've got a political windbag extraordinaire in Canada now.

The guy who, as I pointed out, has never been elected to anything, but he has been selected many times. He's been selected to be head of the Bank of Canada, selected to be head of the Bank of England as well, and now selected to be head of the Bank of Canada, selected to be head of the Bank of England as well, and now is selected to be Prime Minister. And they like him at the World Economic Forum. As a matter of fact, LifeSite News has put up a 2023 video that he did for the World Economic Forum, Mark Carney, pushing a financial revolution, he said, in order to be able to achieve the net zero goals.

And that is the whole point. This is the paranoia and conspiracy that these people have set out there. In order to get their financial revolution, they will sell you the net zero goals. It's the exact opposite of what Mark Carney is saying. He says, in order to get them, our goal is net zero. And so we're going to have to have a natural revolution. No, their goal is a financial revolution. Their MacGuffin is net zero. A conspiracy based on fear and paranoia. 2023 video by the World Economic Forum featuring now selected Prime Minister Mark Carney,

forum, featuring now selected Prime Minister Mark Carney, heralding the idea of net zero climate goals to spur a financial revolution. He said, �Time is running out to make this transition to net zero to have a sustainable world.� Well, you know what they want to sustain, and that�s their power, their wealth, their dominance. And they want to extend it, of course. He said, �We need to transition the energy system on the scale of the Industrial Revolution. It is a fourth turning. How many times have they talked about this?

And even Clair Schwab loves to talk about the fourth Industrial Revolution. Of course, the way he says it is the forced Industrial Revolution. You think that's his German accent? No, that's a false Industrial Revolution a false industrial revolution is going by force. They're going to force us into it. That's what the net zero is really about. He said we need to transition the energy system. They're going to trans it.

It's just like they try to trans your kids. They're going to trans your energy. On the scale of the Industrial Revolution and at the speed of the digital transformation. Got to go fast and break things, as the techno brats say of Silicon Valley. We're going to need a fundamental transformation, really a revolution in the financial system. He explained the progress globalists have been making, detailing that at the 2021 UN climate change conference in Glasgow called COP26, he said only $5 trillion in the financial system was explicitly committed to net zero. But as of two

years later, 2023, that number had gone up from 5 trillion to 130 trillion. Okay, which represents 40% of all global financial assets pledged to net zero. He then took a more direct climate alarmist approach, saying that that world is going to continue to experience more droughts, more hurricanes, more extreme weather, more damage because of so-called climate change. Again, that is exactly the opposite. They can change the weather with geoengineering, but it's still not changing the climate, not yet anyway, not to that extent.

But of course, you see the people who have always been a part of this, like Elon Musk, as I pointed out yesterday, the big X prize that he's got out there. You know, let's take all the CO2 out of the atmosphere. How about that? That'll be great. What does he want to do? Turn the world into Mars or something? Where there's no vegetation? Maybe. Maybe.

I don't know, but he's going to give $100 million as a prize. It's been rolling out since 2019. I think it was. Wasn't that the date that it started? So here we are after five years. You've got to be able to take tens of megatons of carbon dioxide, which is good, but we want to remove that. We want to pay to have that removed.

We want to pay to transmit it, transfer it across the country in pipelines, and then pay to pump it into the ground. Who are we going to pay? Oh, it's going to be these techno-brat billionaires, friends of Trump, friends who have the pipeline, governors, politicians who were going to be a part of this game. The only good thing about this so far is that at least in either North Dakota or South Dakota, if I get which one, people fought back on this eminent domain aspect for this pipeline. And so far in the courts they have prevailed. We'll see what happens when it goes to the highly politicized Supreme Court, whether

or not they prevail. But that has put a little bit of a kink into their plans. Leftists meltdown after climate change is removed from America's list of policy priorities. Hey, we're winning, aren't we? Well, no, actually we're not. I'll tell you why. This is an article from Legal Insurrection. Of course, you're showing there the what's up with that website.

They picked it up, but it is originally from Legal Insurrection. And they think that this is about leftist tears. Folks, this isn't about leftist tears. This isn't about left and right at all. And if you think it is, you've really lost the plot. Now, leftists are melting down. As climate change is removed from the National Threat Assessment, a Bloomberg opinion piece provides a great list of all the winning

that team Trump has had over the past 52 days, says Leslie Eastman at the legal inspection. Well, no, it's not winning at all. And it is window dressing is what it is. Have you had enough window dressing? Are you tired of the window dressing? Because it's not winning. It's not what it is.

Look, the environment and the movements in that was the best aspect, in my opinion, of the first Trump term. But it was far, far, far less than should have been done. For example, he pretended the entire time that we were in the Paris Climate Accord. And that enabled things for Biden as well. They should have exposed that fraud.

Should have refused to participate in it. But instead, they said, oh, yeah, we're in it. And we've got to stay in it now for four years. Well, if we'd legitimately entered into that agreement, that was a part of the agreement, but we never ratified that treaty. So he pretended that we were in it and many other things that were lacking in that.

Maine and Senator Angus King called the Director of the National Intelligence, Tulsi Gabbard. He grilled her, rather, in a recent Senate hearing over this. He's very upset about the fact that climate change has been removed as a threat from the national intelligence assessment. He said every single one of these reports that we have had has mentioned global climate

change as a significant national security threat except this one. What has happened? Has global climate change been solved? Why is it that it's not in this report? And who made that decision? That it should not be in the report when it's been in every one of the 11 prior reports? Okay, so that was in all of Trump's reports as well.

That global climate change is one of our biggest threat assessments, and of course they've listed that at the Pentagon and other things. Climate change, you've got to consider climate change. So let's start making battery-operated tanks and nonsense like that. Anyway, she responded, and I think her response is very telling. Tulsi Gabbard said, for the intelligence community to be aware of the environment that they're operating on is a given. And we know this.

We don't have to put it in. It's basically what she's saying. She said this report was focused very directly on the threats that we deem most critical to the U.S. and our national security system. And the annual threat assessment is focused on threat assessment, the most extreme critical direct threats to our national security, she said. And she said, but I don't remember telling the intelligence community to take climate change out. It's a given.

It's a given. It's a given. We all understand the world's gonna melt down and we gotta change everything, right? That's a given. That is the environment in which we operate in and we all understand that that is a given. I don't know why it's not there, she said.

She also wanna say, no, the real threat is some politicians who tell us that climate change is a threat. The most spectacularly histrionic response says legal insurrection. Again, they're excited about this. Look at this. Look at what a win we have. They're not going to put climate change in these documents. They've taken it off of their website.

It's like, great, okay, get the regulations off my back and I'll be happy. It takes more than just not paying lip service to this insanity. Of course you shouldn't pay lip service to the insanity, but that doesn't change anything. But he says, most spectacular histrionic response Tears of the left, oh we're winning, came from a Bloomberg opinion piece which summarized 52 glorious days of President Trump's orders. This is the insanity, the delusion of the MAGA crowd and the Trump sucking proxy media. Glorious days of Trump's orders. Yeah, you'd be ready for the glorious days of his successor, his Democrat successor, who's going to give you a lot of days of orders as well coming up. Well, top German politicians are calling for a resumption of Russian gas.

Because look, this is what's real. They know what's real. And they're back there, they're blowing up each other's refineries, or they're working about how they're going to keep oil flowing, or the gas flowing. And remember that the US blew up those pipelines to Germany from Russia. The reason they blew them up was because they wanted to be able to sell liquid natural gas to Germany. And so, interestingly enough, you had protests that were being run by the Alternative for

Deutschland, AFD, which they accused of being extreme right-wing radicals and they have to be shut down and purged out, and all the other political parties unite against the conservative AFD, who was there saying, you need to open up that pipeline. And it was the gases in the pipeline, Nord Stream 2, and the German officials would not open the valve and let it in. And then lo and behold, the US blows it up. Well now, a senior politician who is with the Christian Democrats, which they call center-right. There isn't any center-right with these people.

But that's the party of Fred Mertz. And this guy is now saying that the EU sanctions on Russia are completely out of date, and we need to resume buying Russian gas. Well again the whole purpose of blowing that thing up was because the people who were running America, you know, running the Biden administration said we need to sell them American gas and not have them buy Russian gas and when you look at these wars and Syria and other places it really is about these pipelines. The energy is real. You know, what they want to call it, fossil fuel. They want to tell you that we've had peak oil.

Those are CIA lies, carefully constructed. But no, that is the real energy, fuel. And they want to tell you that it's going to disappear, or that it has to disappear, or the planet is going to die. They've got all these different lies that are out there, and yet they're still fighting over energy because it's real. It's just like the gold thing. �When you realize that you're weakening yourself more than your opponent,� said one of the guys, �well, that's been going on for quite some time.� And you have these doctrinaire, bullheaded, corrupt politicians like Mark Carney in Canada,

who's affiliated with the World Economic Forum. They're pushing net zero, and net zero is a suicide pact, folks, for common people. Of course, people like Mark Carney, he'll be fine. He's not joining a suicide pact. He's signing you up for a suicide pact. And some of the people are starting to realize that there is no good result for this. So we're going to take a quick break. When we come back, we're going to take a look at some of the, actually some good news here. This is some good news, I think, in the military coming from Pete Hegseth, one of the reasons

why they are so upset about all of that. On Rumble DG8, thank you for the tip. He says, David, the idea of real Americans believing this nonsense that politics has to be a team sport is a dangerous philosophy. Trump wants TikTok to block the exposure of genocide in Gaza. That's a key part of it. Key, key part of it. And I think it's also, that's the immediate thing that is there. But it is also to the point that social media is,

folks, as we see with TikTok, it's a very effective control of public opinion. It's the most effective propaganda machine they've ever had. That's why Musk bought it. He bought it so that he could push his agenda on people and convince people. And they're able to not only, it's not just a broadcast thing, it's a, they close the feedback loop. When you have these social media platforms, number one, they feed their artificial intelligence engines that are just starving for human stuff. But it also allows them to look at your politics and your religion and these things like that, but it allows them to look at the collective response to their propaganda.

And because it's a feedback loop, they can fine tune that propaganda. Well, they believe this, but not that. So let's focus on fixing that thing over there. And so it allows them, like they've never had before, they've had throughout the 20th century. In a sense we saw the 20th century was a history of increasing propaganda power, but this takes it to a whole new level because they've got the feedback and because they can observe feedback and because they can observe you and because they can look at the collective metadata or your individual

metadata and they can use that for anticipatory intelligence, that other AI. But they can also feed their artificial intelligence. All this stuff about TikTok, very much like the fight over 5G and Huawei. Can't let the Chinese do that. We are going to do that. We're going to spy on our own people. It's a big part of that. And right now, you're right, the immediate need for them

is what's happening in Gaza. Just like if we were to go back five years ago, the immediate need for them at that point in time was to lie and propagandize you about the so-called pandemic and the coming vaccines and so forth. Now it's about Gaza. But the bottom line, the bigger picture is that they want these tools of control, propaganda and surveillance, and they want to be the ones who are going to own it. We're going to take a quick break and we will be right back. Hello, it's me, Vladimir Zelensky.

I'm so tired of wearing these same t-shirts everywhere for years. You'd think with all the billions I've skimmed off America, I could dress better. And I could if only David Knight would send me one of his beautiful grey MacGuffin hoodies or a new black t-shirt with the McGuffin logo in blue. But he told me to get lost. Maybe one of you American suckers can buy me some at the davidknightshow.com. You should be able to buy me several hundred.

Those amazing sand-colored microphone hoodies are so beautiful. I'd wear something other than green military cosplay to my various galas and social events. If you want to save on shipping, just put it in the next package of bombs and missiles coming from the USA. ["Sand Colored Hoodies"] Well, that's one thing I agree with him on. I think these sand-colored hoodies are beautiful.

Certainly looks much better than the attire that Elon Musk wears, for example. Even the cabinet meetings attended by Elon Musk would look better if he had one of these things. I'd sell him one, but you know, I don't think he's gonna buy anything from me. He wants me to buy from him. And of course, this is another one of the formats. We have t-shirts, as well as hoodies. You will find them at davidknight.news and you can buy as many of those as you would like. Just don't send them to Ukraine. Well, let's talk a little bit about the Pentagon. Pete Hegseth has mandated uniform fitness standards for combat roles. Well, let's talk a little bit about the Pentagon. Pete Hegseth has mandated

uniform fitness standards for combat roles. Well, that's interesting, I think. The Pentagon this week ordered the elimination of lower physical fitness standards for women in combat units. And I guess this is one thing that we can thank the Trannies for. They finally put to rest the myth that was sold to us for the longest time. Are you going back to what was it, the 40s or 50s? You had Betty Hutton, anything you can do, I can do better. Remember that? You can find that on YouTube.

And that attitude, you know, going through that, the nonsense that they sold everybody everybody with the Billie Jean King and the... what was the guy's name... who let her beat him. And Bobby Riggs, who rigged that tennis match. How could I forget Riggs and Riggs tennis match? Anyway, we've seen that time. Oh yeah, women are better. And we see this all the time on all action movies now from Hollywood. You know, it's the women who are equal to or better than the men in terms of these fights. Well, that's just not reality. And so an order by Pete Hegseth mandated that all physical fitness requirements for combat armed positions units to see significant fighting in wartime,

that all of those be sex neutral. You want equality? You got it. How about that? If you can handle the physical stress, then you're qualified for combat. Otherwise, no. But you are going to get equality, not equity.

That's the difference. Equity says you're going to reserve this number of spaces for me, even if I am not able to perform. No, no, no. You're going to have to do it with equality and if they can perform, they can do it. The Army eased the grading standards for women and older service members in 2022. A study by the Rand Corporation said that women and older troops were failing the new test at significantly higher rates than men and younger troops."

It's kind of a reason, I guess, that we used to have young men fight the wars. It wasn't just they wanted population control. It's that they could handle the stress. It's one of the reasons why it was so alarming and amazing to see the Ukrainian army and they've got all these guys who look like they're almost as old as me out there and it's like well there's no way that I would be able to operate in that kind of environment. The Marines have a strength test for all recruits. Men have to complete three pull-ups or 34 push-ups in under two minutes. Women must complete one pull-up or 15 push-ups in the same time frame. So again, they are going to give them anywhere from two times to three times an advantage over the men.

You only have to do a half or a third of what the men do. I hope the enemy is that understanding. Oh, well, okay, since you're a woman, we won't push you that hard, right? You know, I go back often think about occasionally it's become a thing on YouTube. One of the things I enjoy seeing are old ancient battles reproduced. Whether you're talking about a Civil War battle or a Roman battle or something else, you know, and they'll reproduce these, but especially when you go back to like these Roman battles and how these people would fight for hours.

It's like, man, how do they have that kind of stamina? I think that's how we started getting men and strong men into this type of thing. They had to march, they had to be able to fight for hours. That's one of the reasons why you have this stuff here. That's still a thing in combat. It's all not just a push-button war. Hexess said in a statement that women should not be allowed in combat units if they couldn't meet the same fitness standards as men. He has previously opposed the occlusion of women in combat jobs like infantry, artillery, tank crews and special forces, writing in a recent book that women cannot physically meet the same standards as men.

I'll just tell you a story, look at this tank crews. You know, I think, oh, well, I'm riding around in a tank. I don't have to be able to do anything except drive and shoot, you know, push the buttons or whatever. Well, that's not really the case necessarily. You never know when that's going to happen. A guy that I was in a band with, he was a few years older than me, he had been in Vietnam. And he said, yeah, I survived because I was constantly getting severely wounded and going to the hospital.

And he spent most of his tour in the hospital with multiple things. As soon as he arrived in Saigon, there was a bombing attack in the city and he got hit in that bombing attack and he's in the hospital. And that takes a few months for him to get out of the hospital. Then he gets out and he's in a tank crew. And he gets out of the tank to, let's say, use the bathroom, even though there's no bathroom there.

But he's in the position of using the bathroom and this kamikaze guy comes screaming out of the woods and stabs him. And he fought the guy off and was able to shoot him. And so, you know, you're in a tank crew. You don't expect to be stabbed in a tank crew. It's not, but things happen in combat. So Pete Hex has later backtracked on that stance and said, well, if we have the right standard and if women meet that standard, then let's go.

As women are pushed to break new ground and advance into elite combat roles like special forces, questions arose over whether women should be held to a different fitness standard to ensure the roles were accessible to them. This tells you why so many Navy SEALs showed up on Capitol Hill to support Pete Hegseth. Are you going to play this game of just, you know, let's do DEI for the Navy SEALs? They have to operate as a team. Everybody's got to pull their weight. Are they Army Rangers as well? They've always mandated equal standards, whether you're men or women, and that is now what Hexeth is going to do.

So I think that's important. That is smart. What is... What is that? I can't hear you. Okay, I don't know if your mic is going, it's not going to me. I don't know if it's going out to them. But I couldn't hear you. I'll tell you what is not smart is what Mike Waltz is doing. It's now come out that it wasn't just that one Signal chat group that people are talking about with SignalGate. There was at least 20 of them now that have come out. So he's going to make Signal great

again perhaps if he gets fired. And Trump's not going to fire him, just because of ego. I'm not going to let them force me to fire him. I don't care what he does. Well, fine. But if he did fire him, I'm sure that they would bring him on at signal as a, you know, he could probably get a job with signal, just like you've got so many of these other people. They're supposed to be regulating Pfizer and they go to work for Pfizer or regulating Moderna and they go to work for Moderna regulating Moderna. They go to work for Moderna Anyway, 20 signal chat groups were set up to discuss things like Ukraine, China, Russia At least four people were added to signal groups

Anonymously and they told Politico about the chats now just understand this Mike Walsh, is the national security advisor. Do you think he's qualified for that? I really think that you need to have some qualifications for this other than being a devotee of Benjamin Netanyahu, which is what this guy is. Yeah, he's just a puppet for that Israeli political party that is there now. On Tuesday it was reported that Mike Walsh and others in the National Security Council have used Gmail, Gmail probably one of the most insecure of the mail programs out there, to conduct official government business. And so the response from WND, actually this original article was by the Gateway Puppets, the Gateway Puppets take on all this though, is not, what's the matter with this guy and why is Trump keeping him in there?

People are going to see the big board, come on, we've got to defend national security, they're going to see the big board. He's going to send a picture of it to them. Anyway, their response is, well who's leaking this information about Mike Waltz and his signal groups? It's information about how he hasn't maintained what is one of the core responsibilities of his job as national security advisor. But that's the partisan insanity of these people.

So the Trump administration is admitting that they wrongly sent the father and husband of U.S. citizens to El Salvador. And it's one thing to make a mistake, but it's another thing to say, we're not going to bring them back. And that's what they're saying. This is a story on Health Impact News, Brian Shulhavi. And he said, now the government can hunt down people and lock them up with no warrant, no trial.

Just call them terrorists and you can do whatever you want. Just label them that, whether they are that or not. Because that's what they're doing to protesters. That's what they're doing to people who write op-ed pieces that they don't agree with. You call them a terrorist. He says, that's what happened to a Maryland man from El Salvador who is married to a U.S. citizen, also has a disabled child who is also a U.S. citizen. I wonder if that child was disabled with the vaccines here in America.

In 2019, this man was granted asylum by a U.S. judge because accusations made against him about being a member of a gang were determined to be unfounded and his life was determined to be in danger if he did return to El Salvador. Nevertheless, now ICE has sent him back anyway, a couple of weeks ago. No warrant, no trial. Now they admit that they made a mistake, but they won't bring him back to the US. What are they using as an excuse? Well, they say, we can't bring him back because we don't have any jurisdiction in El Salvador.

But Brian Shojave says, well, even though they are paying the government there to detain him, they can't do anything about it. We don't have any jurisdiction. But you sent him there, they accepted him, so you got some influence with them, right? Especially because you're paying them to keep him in jail. His wife only found out that he's one of the most dangerous and notorious prisons in the world because she saw him on TV. Probably that photo op that Kristi Noem had where she shows up with her makeup and her

hat and her jewelry. She's got a $50,000 Rolex. You know, Elon Musk is out there saying, we're going to find out how these politicians became multimillionaires off of the salary that they get. You know, they get $100,000 or whatever it is, $100,000, $200,000, I don't know, but it's not enough to make them multimillionaires. I don't know if, you know, Kristi Noem had a family business. It was a ranch.

It could have been really large. I know that they added a restaurant to it and things like that, but still, a $50,000 Rolex? How did she become that wealthy? How did Elon Musk, for example, become that wealthy? And so, she goes down there and she poses in front of all these prisoners, and this guy's wife sees him in the background. Isn't that amazing? Isn't that disgusting? So the question that some people are asking is voter ID

unconstitutional? Well some of them are saying yes. We've got a lot of lawsuits being filed by Democrats. Evidently because they want foreigners to be able to vote, that's really what is behind it. But they are making some legal arguments, and the New American takes a look at what these arguments are, whether or not they have any merit. At the heart of both of these lawsuits that have been filed in Washington, D.C. We know how that's going to go in Washington, D.C. is the Constitution's elections clause. It gives states and not the president the power to run elections, and it grants Congress

limited authority to intervene. And so, because of that, these lawsuits are saying that the order is a gross overreach beyond the president's authority, in violation of the Constitution and federal law, and it represents an unlawful intrusion into the areas of election policy making reserved by the Constitution to Congress and to the states. Well here's the bottom line. This is the same thing that he did during the pandemic. He doesn't have any authority to tell people that they've got to wear masks or they've

got to shut down their business or what, But he pays the governors to do that. And that money flows down, and as long as people are getting paid, they will tell you that you've got to wear a mask in order to walk over to a table and sit down, and then you can take the mask off and stay as long as you want. They'll do that kind of insanity. Why? Because the president is paying them. And he pays them.

Why? And it's not just Trump, and it's not just 2020. This has been done for the longest time, as I've pointed out many times too, because I've had so many people, like, he didn't do it, it was the Democrat governors who did it. No, it was Republican governors and it was, they were all doing it because Trump was giving them money. The hospitals did the things that the hospitals did because Trump was giving them money. And the hospitals mandated the vaccines and pushed them out because Biden was going to take away that money.

And so the money and the bribes and the blackmail has always been the way they get around these legal restrictions. And it's the way they get around the 10th Amendment. And so even though you've got this election clause here, it doesn't really mean anything because that's not what he's doing. He's saying, I'll give you money for your elections if you do them this way. It's like saying, I will give you money for your schools if you run them this way. I'll give you money for your schools if you teach this and that.

They say one of the most contested parts of the executive order is Section 7, which directs the U.S. Attorney General to take action against states that count mail ballots received after election day, even though those ballots are postmarked on time and accepted under state law. The complaint says that states have wide discretion and flexibility under the elections and electors' clauses to establish the times, the places, and the manner of holding federal elections. But it's the money. It's the money. And that's what he is really focusing on. So 18 states allow

ballots that are postmarked by election day to arrive and to be counted afterward. And of course where we live for many years in North Carolina, they had the longest voting period of any state at that point in time and they had a lot of corruption as well because of that. I know firsthand from that. People who show up to vote on election day, oh you voted a long time ago because you didn't need to have ID and they had the longest voting period of anybody. So Trump's order is directed to the Election Assistance Commission. And that is supposed to be independent and bipartisan, you know, like the Federal Election Commission

or something like that, or the FCC. So Trump has got an order telling them to add documentary proof of citizenship to enforce the deadlines on mail ballots to deny federal funds to states that don't comply. So again, I've got two things I want you to do, and only two, because there's a lot more issues than that. And I'm going to do it by withholding funds.

And so that's what they're saying, that he can't do that. And they point out that it most likely isn't going to happen. He's playing to the audience, because this is something that they can't do right away because it'll be struck down in court because there has to be a period of time for these regulations to go into effect. And because this is an independent commission and they don't necessarily need to do what he says. But it's all about winning, isn't it?

You feel like you're winning? Thanks for joining us. Have a good day. Good evening. Tonight's tale is a story of paranoia and a most unexpected perpetrator, the common cow, good day. propaganda. Even a humble bovine's backside can be branded a national security threat. The menace is invisible, silent, yet deadly. Carefully contrive to panic the masses into accepting the government stepping in, jackboots and all, with their solutions. Because who better to stop a gaseous threat than a bunch of

political windbags but one must wonder is this truly about saving the planet or are we simply being led to pasture is it merely a MacGuffin the David Knight show serves as a breath of fresh air for those who still believe that truth can stand up to scrutiny and he's found that the government narrative smells suspiciously like a load of bull so if you want to help others catch wind of the BS being shoveled out of Washington please consider supporting the show. And now back to our regularly scheduled program. You're listening to The David Knight Show.