The David Knight Show - Thu Episode #2230: Jet Fuel Doubled in Three Weeks — Airlines Can't Survive This

Episode Date: March 26, 2026

──────────────────────────────────────── [00:03:36] Philippines Declares National Emergency — Fuel Supplies Measured i...n Days, Not Months The Philippines has declared a national state of emergency due to war-related supply chain disruptions. Jet fuel reserves are down to 38 days, LPG to 23 days, with the IEA confirming the current disruption already exceeds the combined supply losses of both 1970s oil shocks. ──────────────────────────────────────── [00:09:25] US Only Has Two Months of Rare Earths Left — Trump Cut the Supply Chain Before Securing a Domestic Source China's rare earth embargo following Trump's tariff war has left the US with approximately two months of the materials needed to manufacture precision guided weapons — the same weapons being consumed at record rates in the Iran campaign — with no domestic replacement source established. ──────────────────────────────────────── [00:14:24] The Real Strategic Goal: US Control of All Major Oil Export Resources Outside Russia Analysis presented argues that the war's actual objective is to use Iran's destruction of Gulf State infrastructure as a pretext for the US to seize control of Middle Eastern oil resources — giving Washington the power to turn energy on or off for any country that resists its economic agenda. ──────────────────────────────────────── [00:18:13] Bank of America Warns European Gas Could Jump 17-Fold — Mortgage-Sized Monthly Energy Bills Ahead Bank of America has warned that European natural gas prices could surge from 29 euros to as high as 500 euros this winter — a 17-fold increase — which would produce monthly energy bills potentially exceeding mortgage payments and trigger a full economic emergency across Europe and large parts of Asia. ──────────────────────────────────────── [00:22:05] NASDAQ and NYSE Moving to Tokenize the Entire $126 Trillion Equity Market on Blockchain Wall Street's two largest exchanges are partnering with crypto platforms to tokenize the entire US equity market, with analysts warning this adds another layer of abstraction between investors and actual ownership — and that in a crisis, token holders would be last in line behind brokers and the Depository Trust Company. ──────────────────────────────────────── [00:37:38] US Treasury Officially Declared the United States Insolvent — Media Missed It A Forbes headline reports that the US Treasury's own numbers amount to an official declaration of insolvency, with real debt estimated at $143 trillion rather than the reported $38–39 trillion when unfunded liabilities like Social Security are included. ──────────────────────────────────────── [01:01:49] Trump Reversed on FISA 702 — Now Pushing Warrantless Surveillance He Campaigned Against Trump, who called for abolishing FISA Section 702 warrantless surveillance during his 2024 campaign, is now pushing to extend it — described as part of a broader pattern of paving the way for a police state, AI-driven technocracy, and permanent emergency powers under war conditions. ──────────────────────────────────────── [01:20:00] Trump's FDA Chief Seamlessly Moved to Pfizer Board While Simultaneously on DoD Biodefense Contractor Board Former FDA Commissioner Scott Gottlieb, who approved COVID interventions under Trump, transitioned directly to Pfizer's board while simultaneously sitting on the board of a DoD-subsidized biomanufacturing firm — cited as the structural model now being replicated with glyphosate immunity and AI deregulation. ──────────────────────────────────────── [01:23:04] Joe Kent's Resignation Torches the Bridge — FBI Investigation, Graham Calls Him a Traitor Joe Kent resigned from the National Counterterrorism Center directorship amid a firestorm, with Lindsey Graham and Laura Loomer immediately branding him an anti-Semite and traitor. The segment frames this as a loyalty litmus test revealing who in Washington serves Israeli interests over American ones. ──────────────────────────────────────── [01:32:17] United Airlines CEO: Jet Fuel Has More Than Doubled — $11B Extra Annual Cost on Best Year of $5B Profit United Airlines CEO reports jet fuel costs have more than doubled in three weeks, projecting an additional $11 billion in annual fuel costs against a record best-year profit of under $5 billion — making current ticket prices structurally unsustainable and signaling imminent airline sector collapse. ──────────────────────────────────────── [01:46:50] Scott Ritter: US Military Bases Across Seven Countries Are Being Evacuated — This Is a Military Collapse Former military intelligence officer Scott Ritter details the systematic evacuation of 13 US military bases across Kuwait, Qatar, Bahrain, Saudi Arabia, Iraq, and Syria, with Iran having destroyed the billion-dollar radar array that was the heart of the anti-missile defense system — calling Pentagon language about "strategic redeployment" an institutional deception. ──────────────────────────────────────── [01:41:09] No Authorization, No Goals, No Plan — $200B Iran War Supplemental Sought With Zero Congressional Oversight The Iran war has entered its fourth week with no congressional authorization, no declared war, no stated strategic objectives, and no clarity from the Pentagon — while the White House is now requesting $200 billion in supplemental war funding that Republicans in both chambers have already voted not to weigh in on. ──────────────────────────────────────── Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHT Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Transcript
Discussion (0)
Starting point is 00:00:30 of deceit. Telling the truth is a revolutionary act. It's the David Knight Show. As the clock strikes 13, it's Thursday, the 26th of March, year of our Lord, 2006. Well, it's feeling like deja vu all over again. And we got the oil embargo. We got something equivalent to the Vietnam quagmire. We've got a race to the moon that Trump is setting off here. Rationing controls inflation. and a creep and a crook in the White House. Let's just not bring back disco this time. Major difference is that we're losing the petro dollar now rather than putting it together.
Starting point is 00:01:16 Yeah, it's kind of like the symmetry of rise and fall. It's rising and falling just like a ballistic missile. And it's coming right on schedule. It's falling a little bit behind, the fourth turning was, until they got Trump in. they brought him in to accelerate the chaos, to accelerate the takedown. To get it all done by 2029. So we're going to begin with that.
Starting point is 00:01:40 We're going to take a look at what is happening with the war. We've got American bases being evacuated. They say they're working remotely from hotels. Yeah, and it's not because of gas rationing either. We'll talk about that. We'll talk about what's going on with gold. Tony Ardman will be joining us today. We'll be right back.
Starting point is 00:02:01 Well, we're seeing this happen earlier around the world because this time, you know, one of the differences, as they say, history doesn't exactly repeat, but it rhymes. And so the OPEC oil embargo was targeted towards the United States. And at the time, we only imported about 19% of our oil. Now we are a net exporter. And so at the time, the most we could have lost was 19%, but actually turned out to be about 15%. But it created panic, buying, and rationing and all the rest of this stuff. Now we're not feeling the effects of this. As a matter of fact, a lot of people believe that this was by design.
Starting point is 00:02:45 Short-term pain, long-term gain. Your short-term pain, your long-term gain, by the way, long-term pain. But it's going to be long-term gain for the oil companies, the other people who are the owner-donor class around Donald Trump. But other countries are already starting to feel this. Worldwide energy crisis expands as the Philippines declare a state of emergency. This is from Health Impact News, Brian Shulhavi. As the war, I call it the Epstein Fury War, rages on with no signs of stopping anytime soon.
Starting point is 00:03:18 Worldwide energy crisis is expanding. After weeks of not admitting that the country is experiencing a crisis, President Ferdinand Marcos Jr. This is another throwback to the past. It's amazing. Tuesday released an executive order declaring the whole country under a national state of emergency, authorizing the unified package for livelihoods, industry, food, and transport. They said the declaration was due to ongoing hostilities in the Middle East, severe disruptions, and supply chains. This apparently is Donald Trump's specialty, disrupting supply chains.
Starting point is 00:03:58 And he's back at it again. The giant gremlin in the White House ripping out all the controls and the wide. The current domestic supply of gasoline in the Philippines is expected to last for the next 53 days. Diesel for 45 days. Caracine, 98 days. Jet fuel, 38 days. Fuel oil, 61 days. And liquefy petroleum gas only 23 and a half days.
Starting point is 00:04:28 They are in a tight spot here. Anyway, the IEA executive director, the International Energy Association, told the National Press Club in Canberra, Australia on Monday that the current disruption exceeds the combined supply losses of the 1973 and 1979 energy shocks. What a surprise. I mean, just got to look at the numbers. And I said this day one, Trump pulls this nonsense on Saturday. and by day one on Monday of our show, straight before moves obviously shut down right at the very beginning. Who knew, right?
Starting point is 00:05:07 That's the clip I played for yesterday. General McMaster said, this wasn't a surprise. Everybody knew this is going to happen. He was even told multiple times it was going to happen. He ignored all of this advice. And when you look at the difference, we're talking about 15% of the U.S.
Starting point is 00:05:24 oil supply because the OPECold embargo only was directed at the United States. States, but it had global effects versus what Trump is doing, which is 20% of the globe's supply. So it's not 15% of the U.S. It's 20% of worldwide supply that is shutting down this time. Conflict has already removed about 11 million barrels per day from the global oil supply, an impact much larger than all the past oil crises combined. And I just look at this and I shake my.
Starting point is 00:05:57 headed the stupidity. He knew this. He knew and ignored all the advice that he got and they didn't even bother to fill up the Strategic Petroleum Reserve when it would have been a wise move as he's going around bragging as he did right immediately before this at the State of the Union address. He bragged about how gasoline prices were down. Well, fill up the tank. But he didn't do it.
Starting point is 00:06:22 Instead, he created a crisis. The current disruption exceeds the combined supply losses of, of the 73 and 79 energy shocks combined. This round of the energy crisis surpasses all of these oil crises of the last century and the ones this century as well. Because they've already had this from Biden with the Ukraine and the natural gas issues and things like that, but this is far worse.
Starting point is 00:06:50 Also in duration when we look at this, because this is gonna last much longer. If they were to stop the hostilities today, This is going to last a lot longer. When they had the oil embargo, there were no facilities that were destroyed. None. This time, they're going to have to take the time to rebuild these facilities that are extracting and refining all these petroleum products that are there. Remember how toilet paper was the first thing to run out in American grocery stores in 2020,
Starting point is 00:07:22 when Trump began the COVID-McGuffin nonsense? Well, starting again, this time in Japan first. And as Brinjahovie points out, if you get a bidet that attaches to your toilet seat, you will never have to worry about toilet paper again. Just a word of advice to people. We should take that advice. We don't have that.
Starting point is 00:07:45 Anyway, Japan calls are calm as toilet paper panic buying returns. There's an article that he has inserted in here, as also the Texas oil refinery accidental explosion. And again, reported what the official story was about that. Hopefully it's true. As I said, when it happened, we don't really know if this is sabotage, a terrorist attack, or if it's a false flag attack, or if it is just an accident that happened. it turns out that it is a critical supplier of a very rare component of fuel that is used by the military. Nevertheless, you know, when they tell us that it's accidental, there needs to be a little bit of skepticism that remains with all of these things,
Starting point is 00:08:33 just as they told us that the supply plane crashed and it was not shot down. They told us that the planes that were shot down at the beginning were shot down by friendly fire. So we see this type of thing. And yet, when we look at what is happening, and one of the stories we're going to cover here, does you have American bases are being evacuated left and right throughout the Middle East, unable to protect them because they have lost the anti-missile defense system.
Starting point is 00:09:00 We've already had some severe attacks. And some of those attacks were against the system, the missile defense system itself. So they're moving people into motels. You've got people in our military bases, and these are things that were far removed from the conflict. These were in the back. And you got these people being moved to hotels to, quote unquote, work remote.
Starting point is 00:09:26 This is how bad it's gotten the 2020 stuff. We're going to work remote during a war, right? Well, the Chinese publication has claimed that the U.S. has only two months of rare earths left. Now, this harkens back to Trump's previous folly. He decides that everything needs to be made in America. for some reason, right? And which is not true. If you want to have American jobs, get rid of government regulations and taxes, and they know
Starting point is 00:09:55 that. You've already got moves being made in terms of temporary tax relief on gasoline. The taxes, the state taxes that are on gasoline are tremendous, as well as other regulations that are on the fuel. And so they're already doing removing regulations and taxes as a preemptive movement. because they know this isn't going to go away right away. As I said, even if they stop the fighting, the knock-on effects of this is going to last for quite some time.
Starting point is 00:10:21 So they've already started making moves, realizing that the thing that is really shutting us down is the constant regulation in taxes. So they started removing some of that. But Trump decided that he wants everything made in the United States, ghosting rights, I guess. And so he just immediately put these tariffs in without thinking of any of the knock-on effects are caring about any of it in the same way that he attacked Iran without caring about the Strait of Hormuz. And so in retaliation, we had rare earths embargoed essentially by China.
Starting point is 00:10:57 He did not secure a supply of rare earths before he cut them off from China. Again, the stupidity of this guy knows no bounds. The U.S. had already launched hundreds of millions, hundreds of missiles and precision guided weapons in the escalating conflict with Iran, an air campaign that has consumed billions of dollars, and a new warning circulating in Chinese and Western media, suggests that the materials that are needed to keep producing these weapons that they have expended may be running dangerously low. Got to have a 20% increase in our record $1 trillion defense budget in order to rebuild these
Starting point is 00:11:42 missiles and so forth. Well, we're going to get the rare earth. You need to have the rare earth materials in order to make these highly sophisticated complex weapon systems. Trump's trade war with cut off that supply chain before he established a domestic source. It's all his childish tirades and his lack of planning. And the fact that he is surrounded by sycophants and boot liquors, and he doesn't listen to them anyway, except when they're complimenting him. You can't fight a 21st century with 20th century supply chains, said one person. Or how about with broken 20th century supply chains? And then you've got the massive criminal manipulation of this market.
Starting point is 00:12:33 And I hope something comes of this. I hope somebody does an investigation. The timing of this is, I talked about it two days ago when this is, first broke. And then I played you a clip yesterday of a guy who was showing the spikes. And you can see Trump makes the announcement and globally you see all the trading going up and you go straight up and continues on for a while. But prior to that, you can see right there where he makes the announcement. And immediately people start making their trades, betting that the stock market is going to go up, that the oil price is going to go down. But immediately before that on both oil exchanges and on
Starting point is 00:13:11 the stock market exchange, you see a massive spike. One person puts the trade in. And on the stock side, it was one and a half billion dollars. This is, when we look at this, the corruption of the Trump regime is just so amazing. They don't even worry about getting caught. You know, you put something in that's that big. You got to know that it's going to attract attention right away. They don't care. These guys are like honey badgers, right? Just keep getting away with anything. The U.S. planners realize this is going to cause a world depression that Iran will retaliate against U.S. bases and Arab sheikdoms, and they already have to the extent they've had to evacuate many of them, and perhaps wipe out their ruling families. Whatever destruction
Starting point is 00:14:06 it reeks on OPEC is a catalyst for a U.S. power grab, because it will. will come in and take these oil resources for themselves as well. The U.S. will control all the world's major oil export resources outside of Russia. Yeah, this is the owner-donor class. As Lindsay Graham said, we're going to make a lot of money here, right? And a lot of people are going to die for that. And it's going to hurt everybody, including average Americans. It'll only help the owner-donor class.
Starting point is 00:14:38 The aim is to give U.S. strategists the ability to try. turn on the power, electricity, gas, fertilizer, lighting, and heating of countries that to turn it off if you resist U.S. policies to take over their economy by controlling a choke point on its access to energy. This is the gangster mafia monopoly politics that's behind this Trump regime. Well, it's an energy crisis officially. You got food rationing, panic buying, planes grounded, staying at home orders, and other COVID-like restrictions. just ahead. Again, health impact news, Brian Schollhabi, that's his headline. The IEA calls for working from home, driving slower, flying less in order to tackle the energy crisis. Like I said,
Starting point is 00:15:24 this is deja vu all over again, the 1970s all over again. And you know, we never really got over a lot of that stuff. Now, that was when you had Richard Nixon put in the 55-mile-an-hour speed limit. What utter nonsense. And the... Because of all of this, it wasn't Nixon, but it was Jimmy Carter who created the Department of Energy, which has been putting onerous regulations on us making everything more expensive ever since then. And so what we see coming on with this is not going to just be a temporary disruption. You know, we look at what the consequences are of COVID. We're still living with a consequence of that.
Starting point is 00:16:08 This is going to be much worse, much longer lived. During the energy crisis of 2021 to 2023, when Russian supplies of gas in Europe were cut, the IEA recommended people turned down their thermostats by heat pumps to replace gas-fired boilers, but the latest notice is wider ranging. The call has echoes the 1970s where the U.S. and the U.K. lowered speed limits in response to the Arab oil embargo. Yeah, that's enough to get my ire up right there. Fears are mounting that the world is headed toward an economic blow that is far worse than the COVID pandemic within weeks as the Iran conflict threatens global oil and gas supplies. Let's not call it an Iran conflict.
Starting point is 00:16:53 This is a choice by Donald Trump following Israel. This is a war of choice. And again, this is one man, one dictator, empowered. bipartisan politics. You know, you've got Mike Johnson just gave Donald Trump an America First Award. They created this award, called it America First, and made this little sycophant, I just, I can't find the words to describe my contempt for this guy. He's such a weasel, a rat.
Starting point is 00:17:32 And so he's out there handing out, you know, can you grovel more than this other guy? I mean, we've already seen that when Trump turns around. to his people here. One of them, Stephen Miller is just groveling before him and giving him all this flattering praise. And then he turns to Cash Patel. Can you do better than that? Come on. Let's hear it.
Starting point is 00:17:55 Praise me. I'm disgusted with these people. Bank of America has warned that European gas prices could surge from around 29 euros to as high as 500 euros this winter. Think about that's a 17-fold increase. What would your gas, what would your electricity, monthly electricity bill look like if it jumps by 17 times? And what are you paying? $2,300? Multiply that by 17 times.
Starting point is 00:18:26 It may be higher than your mortgage. If the straight stays shut for an extended period of time. Such a spike would trigger what endless describe as a full-blown economic emergency. across Europe. Oh, absolutely. Across the UK as well as large parts of Asia. You think these people hate Donald Trump now? Just wait till they get their power bills. And he drives them into, drives the entire world into a global depression and a global war. That's what's really coming. Fears are mounting that the world is headed for an economic blow, but far worse than the COVID pandemic. Yeah, you better believe it is. The straight, if the straight state,
Starting point is 00:19:08 close for two months, you'll have plants without feedstock and we'll get real rationing of food. We'll have panic buying and hoarding. We may need to ground planes, shut chemical plants, and accept lower crop yields. Republican senatorial candidate Michelle LaFoya said this week, if you support Trump and you support the war in Iran, you should stop whining about gasoline prices and suck it up. Well, I agree. I agree. Love those gas prices.
Starting point is 00:19:45 The problem is, I don't support Trump. I don't support his wars. I don't support his tariffs. I don't support his inflation. I don't support his chaos. And you better believe I'm going to whine about these idiots. And I hope this person loses. Can you imagine you're a Senate candidate and say,
Starting point is 00:20:04 hey, just shut up, it's Trump. You know, forget about all these, forget about the inflation, the chaos, the economic hardship. It's Trump, and we want Trump in there. He's our savior. We don't need any more people like that in the Senate. We're full up.
Starting point is 00:20:19 We've got more than our ratio quota of those types of people in Congress. Americans are about to also get a crash course in the global economy, writes Brian Schull-Hovey at Health Impact News. Higher Prices. are coming for pineapples, plastic, chocolate, berries. I'll throw on bananas as well.
Starting point is 00:20:43 Meanwhile, the post office is about to add a surcharge of 8% the first time they've ever done a fuel fee surcharge. FedEx and UPS have done this in the past many times, but the post office has never added a fuel tax, a fuel fee. And they're going to do it as an 8% surcharge right away. way. Meanwhile, Trump says he's going to ease the smog rules on summer gasoline to bring down prices. Some states are temporarily going to get rid of the gasoline tax. Again, when we look at this, the problem with prosperity in America, the problem with manufacturing, the problem with having a business, having a life, the problem with all of that in America is taxes and regulation, most of it coming from the federal government.
Starting point is 00:21:37 The problem is not that we've got some cheap supply of materials, and you've got a president who's just going to chop it off at the border. No, the problem we have met the enemy, and he is us. He is U.S. as in U.S. government. They are the ones that are the problem. It's not foreign competition, but it is rules and regulations that are tying our hands and putting their boots on our necks
Starting point is 00:22:02 so we can't conduct businesses. NASDAQ and the New York Stock Exchange, meanwhile, are ramping things up for the great taking. They have, they're tokenizing the entire equity market. $126 trillion equity market. They're going to tokenize that. And, of course, as this is from technocracy. dot news, he points out, Wall Street already holds virtually all U.S.
Starting point is 00:22:32 securities and quote unquote street name. This is what we've talked about, how they have carefully gone through and changed the way the securities, stocks and bonds, the way they are, you know, the titling of ownership is set up. You have some entitlements to this stuff, but you don't technically own it. They keep it in street name, meaning that your broker holds them on your behalf. And the depository trust company, the DC, DTC, holds them on your broker's behalf. Tokenization will add one more delivery option to a system that is already abstracting ownership away from the individual in the first place.
Starting point is 00:23:14 And why is this significant? Because as we've seen, Black Rock, Blackstone, and some other companies, which I large companies that people fund that are out there have already limited people getting their money out of these funds. And so there's already a lot of stress on the system. And if it gets to the point where they hit the wall and they've got to, they're looking at their own bankruptcy and you take this thing down the list of creditors, guess what? You're going to have the broker made whole, the depository trust company will be made
Starting point is 00:23:51 whole. You'll be so far down the list of creditors. You won't get your money any of it for the stocks. They'll stop you from selling it and they'll keep ownership of it. That's what we're looking at. That's the great taking that everybody's been talking about. This has been quietly done, surreptitiously done through the UCC, Universal Commercial Code, at all the different state levels.
Starting point is 00:24:13 We saw a little hint of this as they started trying to sneak in CBDC at that level. People woke up, oh, no, no, no, not that. So, okay, we'll do something different. We'll do a public-private version of the central bank digital currency, stable coins. But they kept this. This is already in at the state level. So this is the you'll own nothing aspect of this that Klaus Schwab and company have been bragging about for a very, very long time. The blockchain isn't replacing Wall Street's plumbing.
Starting point is 00:24:47 It's being plumbed into Wall Street. The token is not an independent record of ownership, writes Patrick Wood. It is a downstream artifact of the depository trust company. ledger. If they revoke or freeze the underlying entity, the token is worthless. In one sense, it is a smulchicra, but controlled by another entity. The race for everything exchange makes Wall Street operators and crypto exchanges both rivals and partners at the same time. So two of the most powerful stock exchange operators, NASDAQ and ICE, partnered with major crypto exchange, to create and trade tokenized versions of traditional stocks on blockchains.
Starting point is 00:25:35 They reflect a broader push toward an everything exchange in which all asset classes trade on a shared blockchain. Wall Street's biggest exchanges are embracing digital assets by aiming to put the $126 trillion equity market onto the blockchain to make it even more difficult for them to steal it from you. We're going to take a quick break. We'll be right back. Here's a little song I wrote. You might want to hear it in your pod. You'll owe nothing.
Starting point is 00:26:17 Be happy. Ain't got no cash. Ain't but 24 booster shots in your arm. Oh, nothing. Even buy shit in the store. Because of your low social credit score. Oh, nothing. Nothing.
Starting point is 00:26:56 Eat the bugs. Using free speech to, Free Minds. It's the David Knight Show. Hear News now at APSRadioNews.com or get the APS Radio app and never miss another story. Well, the turning point in our lives, this is an article by Jeffrey Tucker. I actually wrote this as a foreword to a book for somebody who put it out as an article. And he's talking about what happened six years ago, the lockdown. I would say this is the fourth turning.
Starting point is 00:29:34 is going to be the one that happens during our lifetime. And I guess when you look at this, I was laughing about it when I saw this, I told Garan that said the six years ago when Trump did that COVID-McGuffin, basically what they did was they defenestrated the bill of rights, threw it right out of the overturn window. Isn't that, isn't that funny that we have in the English language a word for throwing things and people out of windows, defenestration, right? It's kind of like the Germans have their word, Shadenfreude, right? Dark joy in somebody else's troubles. Well, it is interesting to see that.
Starting point is 00:30:16 And we got Tony ready to join us at this point in time. So we're going to go to Tony. And certainly the parallels are there that we see, both with what happened six years ago and even greater parallels, I think, to what happened 53 years ago. And the knock-ons to that. So joining us now is Tony Arderman.
Starting point is 00:30:38 Thank you for joining us, Tony. And because Tony has Wise Wolf Gold, and he's kindly set up David Knight. Gold, and that'll take you to Tony's website where you can buy gold and silver. You can do one-time purchases. You can use it to set up metals into your IRA as a part of your IRA or all of your IRA, whatever. And you can also use Wolfpack to buy regular. recurring amounts of gold and silver, physical gold and silver that you keep. It's not on a blockchain. It's not in some vault supposedly in Shanghai, but it's something that you actually
Starting point is 00:31:16 physically keep. And it's a great way to save, especially if you want to try to save in something that is not a declining asset. So thank you for joining us, Tony. Great to have you. That's great to be back, David. Last week, I was actually about two and a half hours. north of London. Oh, wow. Visiting with David Ike. Wow. And I sat down with David Ike for about two and a half hours.
Starting point is 00:31:41 And I told him, I said, you know, it's fortuitous. 23 years ago to the day, we started the Iraq War. And I'm sitting down and talk to you. And now we're doing part, what is this, part four or five of the extension, whatever the war is. Now we're doing that again. And so did you have an interview with them? Do you post that up on your?
Starting point is 00:32:03 I haven't posted it yet. I had the whole iconic crew. I sat down with Gareth Ike, his son, and also Richard Willett, who's the documentarian, all very smart, wonderful people. I've talked to him for years, and I finally got an invite over, so I took it. Oh, that should be very interesting, yeah. I really am on the same page with David Ike about pretty much everything except for the religious aspect. I don't have a big disagreement as to why.
Starting point is 00:32:31 You know, he looks at, I look at these supernatural things, with UFOs and so forth. And I say, what they're doing is relabling spiritual entities as that. And he takes the opposite view. He says, well, the UFOs are real, not the Bible. And you're basically renaming the UFO alien extraterrestrials. You're renaming them as angels and demons. And so we have a difference of opinion on that. But that's about the only place where I see that we have a difference of opinion. But that's on something that's pretty fundamental, I think, for me anyway. Yeah, well, it's very similar for me as well. I would think we have those theological differences, spiritual differences, whatever you want to call it. But he is spot on about the genesis of the cult that creates these wars and our current economic reality. That's right. Yeah. And he has stayed the course, too. He hasn't been all over the place. He isn't somebody that he's on Trump's team. Then he's off Trump's team.
Starting point is 00:33:30 things back on Trump's team like Alex Jones and it drives them crazy to see Alex Jones doing that. And he's publicly criticized Alex Jones. And he doesn't get all the stuff thrown at him. I criticize Alex for the same thing. But oh, it's sour grapes for you. And it's like, okay, well, then listen to David Ike, if you don't want to listen to me, because he never worked for Alex. That's exactly right. Yeah. He's not held anything back. We talked about that, the mainstream alternative media and his views on that. And it's been, it's been interesting to, to, to, talk to all these different figures in alternative media throughout my career. And certainly one of my great privileges is talking to you every week. And we get to narrate
Starting point is 00:34:09 the apocalypse together, which has been a, got a front row seat, don't we? Yeah. Yeah, I feel like that iconic character and clockwork orange where they strap the guy down, they're doing the sigh off on him or whatever. And they got him strapped down. They get his eyelids propped open and making him watch this violence while they nauseate him to try to psychologically condition him to where he can't even think about committing violence. But I feel like I'm forced to watch this. We got something propping my eyelids up and facing the screen all the time. And so we're looking at this and a lot of people are scratching their heads and saying,
Starting point is 00:34:46 you know, we had a pretty bad week on gold last week in terms of the price and dollars. And it dropped. And I'm looking at this. And I go back and look at what happened in the. in the 1970s, all this stuff takes a while to roll out, number one. This is my take on it. I want to get your take on it. My take is that it takes Wall Street a while to react to reality, and they're constantly
Starting point is 00:35:10 distracted by things that are fantasies. You see them all runoff. That's how we get our bubbles and that type of thing. So the reality takes a while to set in for Wall Street, but I think there's another factor as well. And I think these Gulf states, which have quite a bit of gold, quite frankly, they don't have any income. And they're looking at what's coming.
Starting point is 00:35:32 And they've seen a pretty big run-up in gold. It's like, we better get rid of this stuff right now because we're going to need to have some cash to get us through this. And their whole infrastructure is being destroyed because their whole infrastructure is based on the sale of oil. And so even if they don't blow up the oil fields and the tankers and the refineries and the port, and all the rest of this stuff, which is really on the table.
Starting point is 00:35:59 Trump put it on the table this weekend, even if that doesn't happen. They are still looking at a long period of time without any income. And so I think they're cashing out on some of the gold that they've had a pretty good rise on. What do you think is happening? Yeah, they would have to. And I think we forget, gold has broke 5,000 and beyond. And that's not normal. I mean, it's a succession of failures economically,
Starting point is 00:36:26 The entire geopolitical spectrum breaking apart is the reason that we reach $5,000 plus gold in 2026 and not 2036. This is coming faster than anybody ever. I mean, there's a lot of gold bugs that have crazy price predictions over the years. But I mean, I follow this every day. I didn't predict $5,000 gold in 2025. I didn't think it was going to happen. But we're here. And, yeah, we had the worst week in gold since early 1980s.
Starting point is 00:36:54 there's a like you said I think there's a a lot of capital being raised right now for infrastructure and other things from some of these governments
Starting point is 00:37:03 but it's still about twice what it was a year ago right right that's the thing is like well gold failed again it didn't hold up as a geopolitical hedge or a risk against geopolitical risk
Starting point is 00:37:14 and I just I don't see it that way I think that it's certainly fundamentally all those things are still there they're going to continue to drive the price of gold up against the dollar, you know, and I do laugh when I see things like people wondering,
Starting point is 00:37:32 is it going to go up? Is silver going to go up? Well, yeah, I mean, against the dollar, sure. It's on long enough timeline. There was an article out on Forbes. Did you see this, David, where the U.S. Treasury declared the United States insolvent? No, I didn't see that. Officially. Yes, they, like, it's their own numbers.
Starting point is 00:37:51 Are you kidding me? Are they getting close to tell them the truth on something? I think they accidentally let it slip. Yeah, it's on Forbes. It's the headline is, the Treasury just declared the U.S. insolvent, insolvent and the media missed it. Wow.
Starting point is 00:38:05 This is Fortune Magazine. Well, next thing they'll be telling us they did 9-11. As if we didn't know already, yeah. Yeah, the fundamentals are all there. I mean, the risks geopolitically, and we see, you know, if you wanted to reverse engineer how to create an energy crisis, this is how you would do it. Like what we're doing right now is going to create an economic crisis, an energy crisis, possibly not just a recession, but a depression.
Starting point is 00:38:34 If you look at how fragile the system is, 20% or more of the world's oil output going through the Strait of Hormuz. And what are we even doing right now? It makes, of course, you're right, too. The markets do respond irrationally, like they'll, and a lot of the insider trading that's going on right now. And we know that's a fact. you know, billions are being made from their connections to whatever decisions or tweets or posts or whatever are going to go out. And, you know, they've moved billions that way, just signaling that there's going to be a peace plan or they have something resolved. No, they don't. Yeah. And the Iranians
Starting point is 00:39:13 are digging in. All they have to do is not lose at this point. Oh, yeah. I mean, we're evacuating bases over there. You ever see a situation where they tell everybody, all right, leave the base. and go get rooms and hotels because they're onto us. And we can't defend the base anymore. That's incredibly crazy. And in the face of all that, they're talking about doing an amphibious attack on an island. Oh, come on.
Starting point is 00:39:38 I would not want to be a part of that operation. Not with Pete Heggseth as your secretary of war now. They've, you know, reclaimed that mantle. The high school coach, the high school football coach. I wouldn't even want him as a high school football coach. but certainly wouldn't have him in a life-and-death situation. Not anywhere near any organization I'd want to be a partner. Well, you know, I saw one analyst, Tony, said, people are saying,
Starting point is 00:40:05 what's going on with gold? And she said, well, it's doing exactly what it's supposed to do. It's creating liquidity in a crisis for the people who own it. And that's precisely what's happening, I think. You've got a lot of people who, you know, stock market is not really reacted. The reality of what's going on is not really hit the stock market. They jump on these issues when Trump says, all right, another five days or whatever.
Starting point is 00:40:29 It's like, come on, you know that's going to come with that. But they react to it as if that is something that is real and solid. And so it takes the stock market a while to factor in what is really going to be real. But there's going to be, there's already been some issues where people may be worried about their margin calls. But again, as I said, I think the Gulf states are looking at this. You've got a lot of countries who, have a lot of money and they're looking for liquidity. And they've got some really tough times that are coming up. And then you've got a class of investors, retail investors who were jumping
Starting point is 00:41:02 on to gold because they thought it was, you know, the next fast moving thing. So they're going to jump off and jump on to oil, for example, right? Those types of investors are going to jump off and get on the oil train for a little while. The people who were going to try to, you know, the day traders and the timers and that type of thing are going to do that. So the fundamentals are still where they were, except that they're even stronger. The thing is. that were driving gold in the past are even stronger. You know, the bankruptcy of the United States and the debt and all the rest of this stuff, it's going to make an inflation.
Starting point is 00:41:34 We know there's going to be rapid price inflation on a lot of different things because of this. We've already seen it. It's not a theory. It kind of flummoxed then. We were in uncharted territory in the 1970s because the Keynesians didn't really think that that kind of thing could happen because their economic model was flawed. But the reality is that it does happen, and we've already seen it once. And it's amazing to me that people aren't seeing the parallels to the early 1970s.
Starting point is 00:42:05 Well, even the late 70s, there was a lot of intervention. And you saw the price of silver and gold, gold at 800 plus an ounce by late 79, early 1980. the silver, you know, the 52-50 mark that it hit in 1980, it was an all-time high until last year, is 45 years. There was government intervention, David. And as you know, as a matter of fact, if you look at some of the headlines, even the government of Japan is saying that they're going to look at the possibility of intervening in oil futures. So there's a clear signal.
Starting point is 00:42:41 The United States has done that too. And they may be doing some of it with gold. I mean, the higher and faster the gold rises, the more attention gets paid to things like the dollar and the currency stability and everything else. And I think that you're right. People have used, entities have used gold right now as liquidity. That's what it's for. I find these price breaks as an opportunity. Yeah, that's right.
Starting point is 00:43:07 When it pulled back, that's the first thing I picked up the phone and so we've got to order some gold grams, some of the one gram bars. ordered like, you know, 400 of them. That's right. When I saw that it pulled back because we need them and need supply as long as, as long as there's a price pullback and still supply, I'm going to make that order. So I think it's just a good opportunity for people to still get physical product in the face of everything that's going on because you're right. The markets are irrational and they're going to, everything's going to correct.
Starting point is 00:43:39 We've been down this road before. I mean, just before, 2024 going into 25, you and I have. had many conversations about the perceived, you know, economic boom that was going to happen to crypto and it never came, you know, like Bitcoin went to 100,000 and plus and then just nothing happened. You know, there was no, there was no crypto boom. And the same thing, you know, the opposite with gold. I mean, gold and silver started selling off. Well, we don't have to, you know, get into these metals, these barbarous relics. There's going to be, you know, stock market rally and all the rest.
Starting point is 00:44:17 That stuff never came either. And so it reversed and gold started doing its thing based off of all the volatility that Trump's put us through. That's right. It's chaos. It's all responding. Remember the tariffs, all that that was happening, the Black Swan event, as I called it, with the big vaults, not knowing whether or not they're going to be tariffed if they moved products. So they started clearing out. And that set off a chain reaction of the paper market.
Starting point is 00:44:46 The chaos that he creates is just amazing. As I said, when we talk about taco, Trump always chickens out. I said, it should be Trump is always capricious and odious in terms of what he does. You know, like you point out, the terrorists creating all kinds of problems with physical gold and silver. People are not sure what's going to happen. Is it going to be a big tax if we move this type of thing? And so it is kind of interesting because we always said, Trump is really good for gold and silver.
Starting point is 00:45:13 Why? Because he's really bad for the economy. And when you look at what he fundamentally does, he will even make it even better because he gives people these happy stories. Like, we're going to go into crypto. We're going to do a Bitcoin Reserve. And everybody jumps over all the people who are doing kind of day trading. I call it, although it's maybe a little bit more than day trading. But they're trying to time the market, right?
Starting point is 00:45:37 So they all jump into crypto and out of gold and silver. create a buying opportunity for us right after he was elected. This is, I see this as the same thing again. It's created a big buying opportunity for people. You know, there's an old expression that bulls make money, bears make money, but pigs go broke. That's right. And those are the people who are trying to time the market. That's why I like what you do with the Wise Wolf Pack and people being able to buy it
Starting point is 00:46:08 gradually and average the price out over a period of time. because we know what the long-term fundamentals are here. There's no question about where this is all going in the long-term. There is a question in terms of what's immediately going to happen to the price this afternoon, you know, that type of thing. So you want to average this out over a period of time. Yeah, there's a variation on that saying. My dad taught me, and I think I was probably eight or nine years old, he talked me about it.
Starting point is 00:46:33 He said, pigs get fat, but hogs get slaughtered. One of my favorites. It's just kind of, it's a lesson on. greed. As a matter of fact, you talk about dollar cost averaging and for Wolfpack, you know, that's what we do. You can select a, you know, $50 package. And so you just press 50 and that's what debits your card every month.
Starting point is 00:46:54 And then when you get your invoice, it's based off whatever time that you're in. So if it's 50, 250 or 500, whatever it is. And we do blanket invoices for each tier. So I'll be on the phone with the Eka. She does all of my invoices. She'll look at the inventory that. we have and she'll build it based off the prices. And a lot of times, David, and I mean,
Starting point is 00:47:14 I was bragging on my crew a little bit. But a lot of times, even if the prices go up, I'll keep the invoices the same. And I don't just go up just for the sake of going up because I'm like, we're already made money. It's fine. And, you know, the customer can save a little bit. So even on those, we try to pass on as much savings as we can.
Starting point is 00:47:34 And it's not about my company. It's just I think a lot of companies out there, you look at Walmart. They're about to implement, talk about Wymeier style pricing. They're going to have electronic price tags on the shelves that can be changed in real time. Wow. Yeah. Did you see that story?
Starting point is 00:47:52 I didn't see that story. But yeah, they're tooling up for hyperinflation. That's what they're doing. Yeah. Absolutely amazing. Well, you know, we look at this, this article from Morningstar, how the Iranian war may lead to the last days of the petrod dollar. And we've been talking about this for a long time. You know, going back to the damage that was done with Biden as they weaponized this system that they built, you know, 53 years ago.
Starting point is 00:48:17 And now it's looking even worse. What they're saying is that, you know, of course, the buying and selling of the world's energy was priced in petro dollars. Part of that equation was that we would provide security, meaning, you know, our military as well as the weapons that we would sell to people like Saudi Arabia. Arabia and that type of thing, but it was going to be a Pax Americana. You know, we're going to have peace and trade, and we're going to provide that. And in exchange for that, Saudi Arabia would buy our treasury bills and, you know, save their money in dollars and price everything in dollars. Now this is all falling apart.
Starting point is 00:48:59 People realizing that not only are we not interested in providing peace and prosperity, I mean, we want to help Israel acquire land, which is what their ambition is. And so it doesn't really matter if that's war and if it's poverty, we're going to go along that path. And so they're looking at this and rethinking the relationship. Plus, we are not a net customer of theirs anymore. We are a net exporter of all these things. And it used to be the largest consumer. Now, China is the largest consumer because China is the largest producer.
Starting point is 00:49:29 We used to consume more because we produced more domestically. So it's not necessarily great that we are a net exporter. that really means that we're doing a lot less manufacturing here. But what do you think about this? Is this the last few days of the petro dollar? Is this really going to accelerate it that much? Oh, I do think it's the last days of the petrodoll. I'm surprised it lasted as long as it has.
Starting point is 00:49:52 We didn't even fight for a renewal, even though it wasn't an official agreement. It was like a memo or it's an understanding that happened in 1974 that set up through Kissinger and his agents and what he worked for, which, you know, there was trying to stabilize the fiat dollar. We went off the gold standard in 71, so that was a stabilizing move. A lot of things happened in 73, 74, as a matter of fact, David, that's when the United States also got IRAs and 401Ks. And the reason is because there was so much inflation happening underneath the surface,
Starting point is 00:50:32 they knew that eventually it would show up and people would, people would be livid. So you have to distract him a bit. We also ran our last trade surplus in 1973 going into 74. So we had the petro dollar for the agreement, technically for 50 years, but we did nothing to renew that. I mean, this was used heavily by Reagan in the height of the Cold War in the 1980s to bankrupt, no, at least supposedly, so bankrupt the Soviet Union, was this massive output of oil because the Saudis were willing to do it and we would we would buy and we would provide security and all the stuff but who would trust us now I know yeah look at the the Iranians even they're like we won't even we're not talking to your negotiators we've been
Starting point is 00:51:21 talking to them you guys used us to get your you know aircraft carriers and put your weaponry in place to for a strike you already decided you're going to do anyway that's right so there is we don't And look at what we did to the Afghans. I mean, just leaving the infrastructure there for their, for their tyrants to take over and use all the weaponry, the money, the resources, and just left it there. And all the people that had helped us trying to hang on to those aircraft. You've ever seen something so sad?
Starting point is 00:51:51 Well, they betrayed the Kurds as well. But when you look at the very beginning of this, you know, the fact that you had Oman and I forget who the guy was that was, you know, the Amani official that was there. He heard that we were going to do the attack, and so he quickly flew to Washington and said, wait a minute, they put a lot of stuff on the table here. They're serious about this. And he realized that the U.S. wasn't serious about it.
Starting point is 00:52:14 We were engaged in treachery and perfidy. And you've had people, there was a UAE billionaire that they did an article about. He was furious with this stuff. He said, who gave you the right to destroy our countries? You didn't talk to any of us about this? You did this stupid move. And you didn't even involve. of us in it or who gave you the right to do that and so there's a lot of justly earned contempt from
Starting point is 00:52:39 all these Gulf states for the United States in general but especially for Trump in particular yeah I have a really good friend I grew up with who's an executive in an oil company and he travels all over the world is a really smart guy and he was supposed to be on a plane you know the day of the that's like February 28th he was headed to the airport so he had to turn around he was supposed to go over to the UAE and then he was going to be in Saudi for some time and talk to a ramco all these like he's a mover and shaker he's like you know you could go a week ago you could go and have a conversation and pretty much go anywhere you wanted in the middle east is an american he's like not anymore it's you just you've just reset that all the way back you know at least to post
Starting point is 00:53:27 9-11 attention and it's not going to get any better because we have no plan that clearly clearly we have no plan and uh you know i i think the plan is to not have a plan uh you want to you should trust the plan though tony you should trust it trust is the plan they want to establish they want you to trust them regardless of anything and you know we can't tell you as uh as war p has said over and over again if i had a plan i wouldn't tell you wouldn't tell you right so this is this is going to end badly i mean there's you can yeah Run a bunch of scenarios. The people that'll be hurt the most is us.
Starting point is 00:54:07 It'll be the American people. And then everybody else in the world, they'll start with the actual citizens. But the power structure is also going to get their come up. It's eventually, this is not going to bode well. This, I think, is the high watermark of whatever the Trump presidency was as far as power and being able to project it. I think we're looking at a lot of political chaos here towards the end of the year.
Starting point is 00:54:33 and these prices aren't going away, David. Well, you know, the other part of this is that Iran is trying to help to establish the Chinese yuan as a petro yuan. I mean, they're even saying, we'll let people pass. We're going to set up the Strait of Hormuz now as a toll road, right? And we're going to have you pay the toll in Chinese currency. So, I mean, that is a direct challenge to the American petro dollar. They understand exactly what they're doing in terms of economic warfare. don't they? Makes you wonder about the other stuff, which looks like they know what they're doing with the other warfare as well.
Starting point is 00:55:08 But they certainly know what they're doing in terms of asymmetric economic warfare, don't they? Well, sure. And even if it's the perception that you start trading energy and you want, even if there's no mandate, if there's no agreement, there's no summit, if it just starts happening, that's a phenomenon of, you know, of human nature. I think the dollar is clearly on its way out. We're not making moves to reignite that. There is some speculation that the stable coin is the new off ramp for the dollar, that the dollar will be reignited and reinvigorated with stable coin blockchain technology. And I'm a skeptic if you can pull that off because we're clearly not doing anything in the real world to bolster the dollar. And we're losing that psychological war. I mean, the dollar decline.
Starting point is 00:56:00 It's really rapid, David. But actually, if you look at statistics, in 2022, the dollar was about 57% usage in global financial transactions. And I believe today, four years later, we are in the low 40s and declining, possibly in the high 30s at this point for dollar usage around the world. Because so many countries have dumped their dollar holdings and gold surpassed the dollar as the world's most held reserve asset. Yeah. this in about about two months ago. Well, you know, it's going back and looking at the prices of things, you know, I really, you know, when I did It's Wonderful Lie talking about the creation of the Federal Reserve
Starting point is 00:56:43 on its 100th anniversary and the prices that were being talked about in the 1940s, right after World War II, when they did the movie, It's Wonderful Life. And the salaries that were being talked about, the prices of houses that were being talked about were laughable. And yet I go back and I look at the prices of houses and cars. and what the minimum wage was and all the rest of the stuff in the 1970s, it's laughable as well. You know, when the opaque oil embargo started, oil was $3 a barrel. And it quadrupled to $12 a barrel. And so I look it up and it's like, okay, so what is $12 a barrel in today's $2026?
Starting point is 00:57:26 Well, that's $88. So that's even worse. So the inflation has hit us even worse. But the other thing that is there is that if you look at it, that's a little bit more expensive than what the typical price was before Trump kicked off this insanity. And so the reality is that they quadrupled the price and they kept it there. And then we added Federal Reserve inflation as well on top of that. I expect all of that to happen with this as well. I think it's going to be a ratcheting effect.
Starting point is 00:57:58 We're going to have inflation, and it's going to jump up the real price of oil by significant, several multiples, and it's going to stay there. It's going to change everything. Yes, absolutely. I think this is a reckoning. We've been waiting for the total price revaluation across the board. I think this is the trigger of that event. We saw it through COVID and the price structuring and what happened to the supply chain. Real inflation gets built in over time.
Starting point is 00:58:28 I think that's only the beginning. This really, I think, is the trigger event. Because the repricing of energy, like you just said, in real terms of how expensive it actually is based off of the real money supply and the purchasing power of the dollar. That is what's next. We could see, again, it's going to price everything into that, especially if oil goes to $150, $200 a barrel,
Starting point is 00:58:55 which there's no plan to put more oil on the market. I mean, especially you can't, and you can't drill that fast. You can't get, you know, supply that fast. So even if you started today, it's going to take a long time. It can be years before you could get new supply and a significant amount of supply on the market.
Starting point is 00:59:15 So, well, we saw that when Trump backlogged everything with his initial lockdown. You had all these backlogs of tankers with all kinds of merchandise. And L.A. and other ports, they couldn't, you know, it was difficult to get the stuff offloaded. So that's bad enough when you just shut it down and you can't do it just like they did with the embargo of OPEC. But this is different because once they start shutting down production, once the Iranians start
Starting point is 00:59:40 blowing up some of these facilities, now it's going to take a long time to get these things started, permanent damage, a lot of expense, a lot of time to even start producing it, even if you were to clear up the transportation supply. chain monkey wrenches that have been thrown in. And so it's going to be very long-lasting, yeah. Yeah, and don't worry. They raised the draft age to 42. So you may not have to be unemployed out there after all, folks.
Starting point is 01:00:06 You can go fight a war for Israel. I'm safe. They don't want to draft anybody who remembers Vietnam and the oil embargo. So I guess I'm safe. I'm barely safe. I don't think I'll be returning to active duty for, for this war. Starting to look like Ukraine, isn't it?
Starting point is 01:00:28 Is he breathing? Take him. You know, what's going? Could get bad. Yeah. I hope not. I hope I'm wrong about all this stuff, but it feels, certainly feels like there's more to this.
Starting point is 01:00:41 And, you know, like, I heard a show the other day, the guy said, yeah, if you want to reverse engineer an energy crisis, this is it. Yeah. And I thought, that's, that's really true. If you're reverse engineering it and you want to put together an energy crisis, So is that what the whole point was? It was just to repricing, like you mentioned, $12 a barrel from, you know, after we went off the gold standard and then, you know, looking at that in today's dollars,
Starting point is 01:01:06 88, maybe this need to reprice everything. Maybe it's, you know, living had gotten a little too easy for us, please, you know. Well, it helps them to monetize the debt, doesn't it? We have a massive hyperinflation. Yeah, I think we'll have to talk to about this as being the Trump oil embargoes. T-O-E, toe the line as he puts his heel on our throat, you know, and kicks us in the face forever. He's already focusing on, you know, they're looking at their surveillance state,
Starting point is 01:01:35 paving the way for artificial intelligence, get all the regulations out of the way. We're going to control this from Washington, which means that they're not going to control it at all, which means that they're going to use it for their own purposes of a police state surveillance. And at the same time, you've got the Trump administration, You know, one of the other U-turns that Trump has done is on the FISA Section 702, which they said gave them the ability to do surveillance on Americans without a search warrant. Trump is against that.
Starting point is 01:02:06 In 2024, when he's running, he says, just get rid of FISA, right? Now he's telling up, you've got to push that through. Got to have that. Right. So it's all paving the way for a police state, paving the way for a technocracy, paving the way for a fourth turning to take everything. down. Well, unfortunately, I agree with you. And, you know, the surveillance state will be part of the climate lockdowns. That'll be the next, the next move. If you see the, well, you know,
Starting point is 01:02:34 you've got to work from home and stay home and stay safe. We're, we're burning way too much energy with a war on. You know, we got the war on. Remember the war effort. Yeah. It won't exactly work that way. This country is not like it was, you know, in World War II. There's not a cohesion. And we've been lied to so much and abused. I don't think people would just in lockstep go for it. A big chunk will. We see people still wear a mask. There is that section of the population that will go for it.
Starting point is 01:03:04 But no, I unfortunately agree with you. And I think the surveillance state will be set up. And, yeah, the only intelligence in Washington, D.C. is artificial at this point. We clearly can see that by who rules over it. Yeah, that's right. Well, tell us what's going on. at Wisewell, if anything, I know that you're, you've been tap dancing through this hyperinflation of gold. Things have leveled off a while now for a while. But I think this is a calm before the
Starting point is 01:03:32 storm. I think we are right in the eye of the hurricane that's coming. And the back end, as they say, of the hurricanes, you know, when you're in the eye of the storm, I grew up in Florida, when you're in the eye of the storm, be careful because when those back winds come, they're even worse than the ones that get you coming in. So I think that's where we are right now. I'm really thankful that it feels like it calmed down enough and there is some stability in the pricing structure. But, you know, when it was way hot, you know, silver, 115 an ounce plus when it was hitting that and the amount of people trying to sell, it's calm down some. So thank goodness. And just trying to find a way to get liquid.
Starting point is 01:04:11 Oh, I'm glad I don't have to do that right this minute. Some of the refiners are back online. It takes about four weeks or so to get paid on silver. if you have it met like a sterling and stuff like that. But we have calmed down somewhat. And so I'm looking for, you know, some ways to get more, you know, diversified products into Wolfpack. That's been my mission right now.
Starting point is 01:04:33 We're able to source a lot of the fractional silver. I found some sources for that and just find a new supply, David, keeping that open. Even the supply issues with as much as it was sold, it really put a strain on the way the whole system works from wholesaler, to dealer. So I'm very fortunate. We have a good team, so we're able to get through those whipsaw back and forth moments,
Starting point is 01:04:58 which, you know, you got to live in a real test. It was a real test. You did a great job keeping your head above water. Well, it's, as I said, none of the fundamentals have changed. All the fundamental things that were driving gold and silver are getting even worse. The threats on the petrodollinar, the threats on the fiat currency, as well as the debt all this stuff is escalating in inflation, all that stuff is escalating very fast. This is just a temporary market reaction to the types of things that Trump has said.
Starting point is 01:05:28 And, of course, we saw how he moved the market by saying, well, I'm going to attack all Iran's infrastructure. And then he leaves that out there for a day or so. And then he comes back, he says, well, never mind. I'm going to give him another five days. And you see how the market just hangs on every word that he has to say. It's amazing to me, the power that he has to manipulate the markets. but it's not real.
Starting point is 01:05:50 And we know what's real. And so we know where this is headed in the long term. As Joel Sinty says, I don't make predictions. I look at trends. And I think that's what we need to look at with all of this stuff at this point in time. And the trends are still there. Have not been changed whatsoever. Yeah, just look at the long term.
Starting point is 01:06:07 I mean, ask yourself, do you think that the dollar will be stronger in five years than it is today? Do you think that the economy will be more stable, that there will be an economic renaissance? or are you betting on some sort of reallocation into commodities and rare assets? I'm more leaning towards rare assets and commodities and things that have been money since the dawn of history. So I'm not betting. I'm not betting for this market. I'm betting against it. That's right.
Starting point is 01:06:34 That's right. I agree. That's the way I see it as well. Well, Tony, it's always great talking to you. Thank you so much for coming on. Thank you for your support of the show. Appreciate it. Absolutely.
Starting point is 01:06:42 Thank you. We're going to take a quick break, folks, and we will be right back. analyzing the globalist next move. Nightshow. APS Radio delivers multiple channels of music right to your mobile device. Get the APS radio app today and listen wherever you go. Well, I was just beginning to talk about Jeffrey Tucker's article, The Turning Point of Our Lives.
Starting point is 01:08:25 And this is a foreword that he did to a book about the COVID madness. It's actually the fourth turning point of our life. The fourth turning point that happens during. our lifetimes here. The COVID period was a turning point in our lives. He said we experienced the apotheosis of the corporatist planning state as close to dystopian level totalitarianism as we ever knew up to this point. We observed how the media tech elected and unelected government and the medical industry all worked together. And we observed and experienced just how completely controlling this cartel can be once it is unleashed on the entire population.
Starting point is 01:09:06 And of course we saw full complicity from most of the short attention span people, the people say short-term pain, long-term gain, the MAGA Americans that are there, the slogan airing, buy some time and slow the spread. Doesn't that sound like the short-term pain, long-term gain? You know, again, their slogans don't repeat, but they do rhyme, don't they? Flatten the curve. We're all in this together. Socially distanced.
Starting point is 01:09:38 Be careful. Mask up. Get the jab. Ban disinformation and malinformation. It's a pandemic of the unvaccinated and a thousand other cliches and lies. Yeah, it turned into OCD America. People were obsessive and compulsive about everything. Don't touch that gas pump and all the rest of stuff.
Starting point is 01:10:02 It was, uh, he said it was all. nefarious scheme to weaponize public trust in a way that results in the consumption of a mislabeled product based on a gene-invading technology. I always called it the genetic code injection, the GCI, that had never before been deployed. It had been tested in terms of the psychological aspects of it, in terms of how they were going to get people to do it. The product itself, it's unclear whether they tested it. Maybe they did test it to make sure that it was an effective bioweapon. but they rolled it out on us, didn't they? There was absolutely no curve in their model, as a matter of fact,
Starting point is 01:10:40 you know, that all that straightened the curve, as I pointed out many times. The model that was used by the Imperial College of London, the one that those two smart people, as Donald Trump put it, had two smart people, showed me what was happening. Well, those two smart people were Anthony Fauci and Deborah Birx, they showed him something came from the Imperial College of London. That sounds very impressive. but the reality is, is that it didn't even have the curve.
Starting point is 01:11:05 It wasn't even, as I point out, it's not even consistent with their own science fiction medicine. You know, the curve that had always been there for pandemics and outbreaks and things like that. It didn't even follow that. There wasn't any curve to flatten. They had already flattened it into a straight line. The model showed that every person is going to get it. It's going to transmit it to X number of other people forever. It was never going to hit a point at which it started to diminish again in a bell shape.
Starting point is 01:11:36 And, of course, as that came out, they didn't get a lot of attention. But the University of Edinburgh pointed out that their model didn't even work in terms of a programming standpoint. So it's based on a completely false assumption. And it didn't even return the same answer twice, even with the same inputs. It's almost like a random number generator. So let's pick the one that we like. the one's going to be the scariest and let's feed that to the president because he's a dupe. So the COVID period feels like a war because that's what it was.
Starting point is 01:12:11 Complete with the legendary fog and the long period of recovery. I said it was a war throughout. And I said that the shot was a bioweapon. And as evidence that it was a war, it was first rehearsed two months before 9-11. and it was the connections with the Department of Defense, the CIA, and all these other people. It had all of the hallmarks of a domestic war. In each nation, however, there were malefactors, and what's more remarkable was how similar the policies were, nearly every country on earth. Yet, none dare call it conspiracy, right?
Starting point is 01:12:51 They can all do the same idiotic stuff that has absolutely no basis in science or even common sense. They can all do the same thing at exactly the same time. But don't notice that it's a conspiracy. Don't ever call it that. Nearly every country adopted the same cockamamie protocols. Outlying nations can be named on one hand, such as Tanzania, Nicaragua, and Sweden. The topic absolutely requires a book-length treatment. Even then, there's no way to cover the entire calamity.
Starting point is 01:13:23 You know, I always thought I should do a book. because I just, I want to inoculate myself to use their phrase from having anything to do with any of this stuff. I like to go back and just go through all the stuff that I said as it was happening. I remember when we were in high school, had some friends in music. And this is a family that mom and dad played professionally. This is a time, you know, we had live music, which has disappeared now. The mom and dad played professionally. and all their kids played professionally as well.
Starting point is 01:13:56 I thought it was really cool. And they were very good. They were very professional musicians. And one of the guys said to me, we were in the lunchroom one day, and they had pipe through music, and they had Elton John's crocodile rock. And he goes, can you imagine people,
Starting point is 01:14:08 when we're old, people are going to hear this and go, that's the garbage you were listening to when you were kids. And it's like, no, they won't think that, Alex. That's, we'll know that you knew better than that. But that's the way I look at this COVID stuff. people are going to think that we actually all fell for this. A lot of us did not. And so the deck still remains stacked against anyone who would dare question that not all that transpired was the best that they could do with the information that they had.
Starting point is 01:14:39 That's the dangerous thing. That's the fact that these people got away with it. And when you look at all these different inquiries, which is what Jeffrey Tucker is talking about. And the countries where they've done commissions and inquiries, what they come up with is they say, say, well, we did the best we could with the information that we had. And we promise we'll do better next time. We'll do more and we'll do it earlier. It's like wrong answer. We do not want that. And yet, you know, you keep voting for the same people. Trump got reelected and now look at what he's doing to us. He's ramped it up. UK COVID inquiry finds that lockdowns may have cost
Starting point is 01:15:17 thousands of lives. You think? You think they might have? And of course, this is, The issue behind this is they're telling people who are sick, who are really sick. Stay away from the hospitals. We're all filled up. And yet, of course, they weren't, right? And it was not just that, but it was the maltreatment that people got when they were sick that killed them. And so you can see that the excess deaths went up because of these hospital rules and the lies that were there. But, you know, they talk about the other knock-on effects that are.
Starting point is 01:15:53 still going on and that's the point that Jeffrey Tucker had he said here we are six years on and you can still see the effects of this stuff are still with us economically medically in terms of people who took the shot the branch Covidians and the pro-Iran war maga have more in common than you think this is from Free Thought Project they've traded masks for missiles they've rebranded their flavor of tyranny for a new set of followers but I think many of these people are the same ones. Just like that person who's running for Senate. Like, well, if you support Donald Trump and you support this war against Iran because they've got to be taken out,
Starting point is 01:16:34 well, then don't complain about high gas prices and all the rest of the destruction done to your life, physically, economically. Because that comes with the territory. Just be loyal to Trump. He's your savior. We're told to believe that the deep state was a villainous cabal when it was pushing unconstitutional mask. mandates and experimental injections, but that some shadowy apparatus is apparently now a force for liberation because it's targeting a different set of bad guys, these in Tehran. Well, and of course, it was always Trump, who was the deep state.
Starting point is 01:17:12 So parallels to the 2020 COVID regime are not just present. They are identical, writes Free Thought Project. Experts, so-called experts, the CDC and the NIA, used fear to demand absolute obedience, telling us that anyone who questioned the narrative was a threat to public safety. Today we see basically the same thing happening. Today, the experts of the Pentagon and the CIA are using the same fear to demand unity, branding anyone who questions the morality or the strategic necessity of this war as a regime sympathizer, as an anti-Semite, or as a traitor to the cause.
Starting point is 01:17:53 of freedom. The exhibit A of this is Joe Kent. Look at how the knives have come out for him. It truly is amazing. And so the answer is always more centralized control. The same faces at the National Security Council and the CIA who laundered the intelligence, quote unquote, that was used to silence dissent during the lockdowns, now providing the so-called evidence for why your tax dollars must be incinerated in a war with Iran. The partisan faithful are too busy cheering for their team to realize that the same hands that forced a mask on their face are the ones now that are loading the drones. The permanent emergency crisis, right? And that's what we have.
Starting point is 01:18:41 Constant state of emergency. Everything that Trump wants to dictate solutions for, he first declares an emergency. And, you know, the only way that you're going to get control of this is if you treat. the declaration of an emergency as if it were an act of war. Because it is an act of war against the Constitution. Every time Trump declares an emergency as an act of war against the Constitution, because he does it with the purpose of being able to act as a dictator. The problem is we've got a Congress that doesn't want to enforce the constitutional requirements for a declaration of a war. they don't even want to enforce their war powers act.
Starting point is 01:19:23 They've taken a pass on that. They've had a chance in both the House and the Senate. They both have rejected this. Rejected it 53% to 47% in the Senate. No, we don't even want to weigh in on this war. We'll let Trump do all this stuff, right? It was a little bit closer. It was 49 to 51% in the House.
Starting point is 01:19:42 But both of them have shirked their duty, allowed the presidency to usurp control this, even as they can see that this war has no chance of winning without a tremendous amount of pain. So Scott Gottlieb, the former FDA commissioner, he got the same people who were cashing in all this stuff. He was the FDA commissioner under Trump, who seamlessly transitioned to the board of Pfizer while simultaneously sitting on the board of the National Resilience Incorporated, a biomanufacturing firm, heavily subsidized by the Department of Defense under the guise of national security. And then when you look at what Trump has done, for example, glyphosate, it's national security. We're going to give legal
Starting point is 01:20:35 immunity to the people poisoning our food and poisoning our farmland. We're going to give them legal immunity from being sued. Now we're going to do the same thing with artificial intelligence. You know, Thomas Massey had something to say about the glyphosite stuff. Madam Speaker, I rise today to let the American people know that this government is under siege. All three branches of this government is under siege by lobbyists and lawyers from a German company named Bear. They spent over $9 million lobbying the executive branch and the legislative branch so that they don't
Starting point is 01:21:12 have to be liable for any damages that their herbicide causes, otherwise known as Roundup. And they're having some success. Now, they haven't had any success yet in this chamber to get that immunity. They've had some success in the state legislatures, which are also under siege to get this immunity from liability. Look, the Constitution guarantees people a trial if they've been harmed. Why are we contemplating going against the Constitution? The attorney, Attorney General has opined favorably for this German company in front of the Supreme Court about getting rid of any liability that they should have for any damages. And the most recent thing that we've seen, the executive branch.
Starting point is 01:21:58 By the way, the President's Chief of Staff and the President's Attorney General worked for one of the biggest lobbying firms that's received hundreds of thousands, millions of dollars from Bayer. And maybe that's why we've seen an executive of order that says that the production of this chemical from this German company is a national defense priority. And we know why they're doing that. It's to keep them from having any liability. Everybody in this country deserves their day in court. This is wrong. We shouldn't succumb to the lobbyists, not in the executive branch, not in the judicial branch, and certainly not here in Congress.
Starting point is 01:22:43 That's right. As Free Thought Project points, it is a masterclass in psychological warfare to watch the Maga Base. They're now pledging total obedience to the same intelligence agencies, claiming that regime change in Tehran is a matter of national survival. The mass fully slipped this week when Joe Kent, the director of the National Counterterrorism Center, resigned in a firestorm of truth that the establishment,
Starting point is 01:23:13 is now desperate to extinguish. Kent, a man who has been given more, who has given more of this country, is a military machine than almost anyone, having lost his wife to an ISIS bombing in Syria and doing 11 tours of duty, didn't just walk away. He torched the bridge on his way out. And I've got to say, when you look at Trump's response to this, it ought to show everybody what he truly is. And it pretty much has been a litmus test for who has. as loyalty to the Zionist government of Israel and Netanyahu over their loyalty to America. The response from the so-called patriots was as swift as it was disgusting. With people like Lindsey Graham and Laura Lumer immediately branding Kent a traitor and an anti-Semite
Starting point is 01:24:05 for daring to suggest that American lives should not be sacrificed for an Israeli geopolitical agenda. And what is the geopolitical agenda? It's not their survival. It's their expansion. They're looking to create a greater Israel. They're looking to take land. It's the same script that we saw in 2020. If you question the state's mandates, you are a grandma killer.
Starting point is 01:24:28 Remember that? Yeah, I remember when Scott Adams tweeted out, I said it's hard to distinguish these, quote, unquote, liberty lovers from sociopaths. and that was his take on all that stuff I said it's really getting harder to tell the pragmatists from the tyranny people the bipolar ultimatum
Starting point is 01:24:54 has violently lashed out at Iran's gas fields Trump barked all in all caps no more attacks will be made by Israel on that facility in order to immediately threaten the mess then immediately threatened to blow up everything in the Middle East right after that.
Starting point is 01:25:11 We will destroy things that we supposedly are protecting you from just to prove that we are the ones in charge. Well, I think they also have designs in terms of trying to corner the oil market as well. Democrats used this same logic in 2020 when they praised Trump for his initial two weeks to flatten the curve and the rapid fire implementation of Operation Warp Speed. The left was more than happy to lockstep with Trump's executive overreach because it served the broader goal of state expansion and societal
Starting point is 01:25:42 control. But they needed for the right that would normally have opposed state expansion and societal control. They need to have somebody like Donald Trump to pull the wool over their eyes and put the mask on their face because they don't realize that he's a New York City Democrat. Hillary Clinton, the high priestess of the interventionist left, has predictably come out in full support of Trump's aggressive posture toward Iran, proving once again that when it comes to regime change, there is no daylight between the red and the blue wings of the state. As a matter of fact, going back to the original election of Donald Trump, Julian Assange said, well, we know Hillary Clinton is a warmonger and a criminal.
Starting point is 01:26:25 We don't know what Trump is yet. Well, we now know that Trump is a warmonger and a criminal. If ever there was one, I mean, you know, even the Clintons didn't pull off this, something like this one-and-a-half-billion-dollar, move right before just a couple of minutes before the strike. Those who believe they're fighting for liberty by supporting this war are merely being used as foot soldiers for a global agenda that views their lives as expendable. The lockdowns were a dry run for this kind of control of the state wants to exert permanently.
Starting point is 01:26:56 This latest conflict provides the emergency justification to keep those powers in place under the guise of national security. Yeah, all of the measures folks that they put on this is going to be, like everything else. It's going to be ratcheted in, just like Homeland Security and the Patriot Act, all the rest of these things. And the economic consequences of this are going to take, not going to be able to fully recover from it either. There's no moral difference between a government that forces you to take a drug and a government that forces you to kill a stranger. We have to be consistent in our opposition to aggression. No matter who is holding the gun or what
Starting point is 01:27:34 flag they happen to be waving you know when i look at this the uh the pro life issue for example it absolutely astonishes me and of course the left is called out this hypocrisy how many people are pro life when it comes to abortion but they cheer wars and i understand there's a difference i mean theoretically a just war would be done to stop people who are aggressive criminals and um mezes actually talked about that in an article they had meez's dot or They're talking about the immorality of the war. And they pointed out that when you look at the issues that are fundamentally involved in a just war, it's like so many things.
Starting point is 01:28:17 We think that something that is a crime if it's done by an individual is not a crime if it's done by the state. And yet it is. And so we ought to have the same types of rules. And it's the same type of thing with the just war. If somebody breaks into your house and they're trying to kill you, you are entitled to stand your ground. and defend yourself and your family and take their life if necessary. But you're not justified in terms of killing them as they're running away if they didn't harm you, even if they stole something from you, that type of escalation.
Starting point is 01:28:49 Those same types of things apply at the state level as well. And these are the people who want to ignore this because they have absolutely no moral or legal restrictions to themselves. Trump has openly boasted. I can do whatever I want. There's nothing restraining me except my own morality. And he doesn't have any. So there is no restriction on him. It's not just oil three critical supply chains that are being upended by the war in Iran.
Starting point is 01:29:20 And we've talked about this from the very beginning. Things like helium, fertilizer for food, and pharmaceutical drugs, which I'm fine with that. The only thing is that one of those listed in it is insulin. I understand that a lot of people need to have insulin, but the rest of the stuff that we're looking at, and I think we would be better off without it. And so in terms of food, you get a double whammy. You get the price of diesel fuel and the transportation of food
Starting point is 01:29:46 as well as the price of fertilizer. Well, as you had on the weekend, you had Sean Duffy, who was being questioned. He said, Americans have to offer the president some grace. on these rising prices. Well, grace on this? How dare him use this word with a guy who is a buffoon and a bully in a China shop? You know, he hasn't shown grace to anybody on anything.
Starting point is 01:30:19 And just like the pandemic, the grace did not last, did it? And so they didn't have much grace for anybody who wasn't wearing a mask. United Airlines CEO said last week that he's bracing. for $125 barrel crude oil soon, which could make the cost of an airline ticket prohibitive for average Americans. So in response, Sean Duffy said, well, I think airlines do well when they plan for the worst case and they hope for the best. So that's what I think is happening here.
Starting point is 01:30:49 But I think we have to offer the president grace. So if it takes oil up to 125 or takes oil up to 175, who cares, right? it's President Trump. Don't whine about it, right? You like Trump, right? So don't criticize Trump. He said, we know the president cares about the economy, about gas prices. He also cares about peace.
Starting point is 01:31:16 He doesn't show it, does he? If you look at his actions instead of his words because he's a liar, you can see he doesn't care about any of those things. He cares about the economy, but we also can't have Iran shooting at American bases. This is going back to Mike Johnson. Remember Mike Johnson said, you know, they fired missiles at our embassies. After you bombed their country, they did, right? Anyway, he says especially when you have Iran that now has missiles that we saw a couple of days ago,
Starting point is 01:31:46 they can travel 2,500 miles and hit European capitals. And if they have nukes, it gets even worse. Yeah, if looks could kill, it would have been us instead of them, right? So I get more suspicious every time that these people are going to run a false flag. Anyway, when you look at what is coming, it's the United CEO said he thinks that oil is going to get up to 175. I mean, it's just getting started. The reality is that jet fuel prices have more than doubled in the last three weeks, said the CEO of United. If prices stayed at that level, it would mean an extra 11.
Starting point is 01:32:27 billion dollars in annual expenses for United. He said just for jet fuel, just for jet fuel. He said to put that in perspective, in our best year ever, we made less than $5 billion. And so he's talking about an additional $11 billion just for fuel that they would have to pay. So he said, the first piece of good news is that for at least now, demand remains the strongest that we've seen in terms of people flying. The biggest booked revenue weeks in our history have been in the last 10 weeks. So, you know, it's like the old thing. It's like I'm losing money on every transaction, but the great thing is we're going to make it up in volume.
Starting point is 01:33:09 It may be a challenge to continue passing through much of the increased fuel price, however, if oil prices stay higher, longer. And that's what everybody is looking at. And you know, when we go back and we look at all the OPEC stuff, as I said with Tony, when all that stuff kicked off, it took it a while to start. to go up. It started out at $3 a barrel, $3 a barrel. Then it went up to 12 by the time things leveled off and it pretty much has stayed there. That's about $88 in terms of the deflated paper currency that we have right now. It only lasted for five months, but it quadrupled the
Starting point is 01:33:53 oil price, even though it was only 15% of the U.S.'s oil supply that was affected. This is 20% of the global supply for everybody. And it's going to be a lot longer than five months. Even if they were to stop it right now, and the back and forth of the ceasefire stuff, it's just more lies and comedy schick from Trump. They're not anywhere close to a ceasefire. And even if they were to do that, right away. I think it would take longer than five months to sort out all the damage that's been
Starting point is 01:34:27 done to the supply chain as well as to production. Immediate short term in the U.S. under Nixon, you had things like voluntary and mandated conservation. We need you to lower the thermostat. I want you to carpool. We got a 55-mile-an-hour speed limit. That was a mandatory part. That was enacted a year after the OPEC embargo hit. You had a... Daylight Savings Time applied year-round. There you go. There's part of the... Yeah, maybe we'll get that pushed on us as well.
Starting point is 01:35:01 The Emergency Petroleum Allocation Act that caused gas lines and rationing due to shortages. And, of course, in 1977, you had Carter create the Department of Energy. And that has come along with a lot of rules and regulations to throttle our lives down as well. A variety of mandates that still live with us today. you had the corporate average fuel economy standards that are making cars unaffordable even before it started banning them. All this stuff came as a result of that OPEC thing. So what are they going to do this time around?
Starting point is 01:35:40 Well, so I hate to think about it. The EU is considering electricity tax cuts and subsidies amid Iran war surges and energy costs. Again, if it's going to go up by what was it, I said. Was it a factor of 17, what they're looking at going up by the end of the year? They're going to be in big trouble. Tax cuts on gasoline are already in the works in some states. But in the EU, they have loaded everything up with so many taxes. They've got grid charges, carbon pricing, as well as taxes on electricity.
Starting point is 01:36:17 So they've got a lot of things that they can unwind. In some cases, electricity is taxed more than. than gas, sometimes 15 times more. In the European Union, electricity is primarily taxed through the value-added tax and the energy taxation under the energy taxation directive. The thing is that the price of gasoline acts as a VAT in and of itself. When the price of energy goes up, it's like a tax at every point of distribution, especially as it moves to a supply chain where there's a transportation.
Starting point is 01:36:53 component to it. So Germany has already recorded their highest electricity rates for households, went up to $44 per 100 kilowatt hours. So again, that is like 44 cents per kilowatt hour here in the United States. I think it's typically around 10, 11 cents per kilowatt hour. So they're looking at something is already like four times what we're paying in terms of households. But you can expect it to go up a lot, more as we look at this and so this is what we're looking at it is rushing us into a fourth turning i'm going to stop here because i'm going to run out of time if i don't and i want to talk about the updates to this zionist war that trump is finding and what is happening to these bases we're going to take a quick break folks and we'll be right back you're listening to the david night
Starting point is 01:39:21 show whether you're feeling like the blues or blue grass or blue grass APS Radio has you covered. Check out a wide variety of channels on our app at APSRadio.com. Any bonds today? Bonds of freedom, that's what I'm selling. Any bond? Here comes the freedom, man, asking you to buy a share of freedom today. Why is it that we don't finance our wars with war bonds anymore?
Starting point is 01:39:59 Of course, that was the World War II, right? Being Crosby telling everybody, get your bonds today. you know, some of the war bonds, remember, that used to be a pretty big deal. But then we started doing these wars that nobody supports. Nobody's going to buy these war bonds. So they've got to put it on the credit card so they can charge it to us with interest. That's what we're looking at right now. $200 billion more for the Iran war.
Starting point is 01:40:19 And people are asking, well, what are the goals with all of this? Do you have anything? Trump doesn't need any goals. We've won this war has been won. The only one that likes to keep it going is the fake news. I mean, the New York Times. You read the New York Times. We're not winning a war where they have no Navy and they have no Air Force and they have no nothing.
Starting point is 01:40:39 And we literally have planes flying over Tehran and other parts of their country. They can't do a thing about it. For instance, if I want to take down that power plant, that very big powerful power plant, they can't do a thing. I can do whatever I want. It's like, take me. That's all they can do. And yet if you read the New York Times or if you watch ABC fake news or NBC fake news, or NBC fake news,
Starting point is 01:41:04 you'd say it's a close battle. It's not a close battle. Well, yeah, if you want to blow stuff up, spend billions of dollars, blowing stuff up. Yeah, you can do that all day long. Nobody's going to be able to stop you. But you're still not going to win the war. It just shows how incredibly foolish is.
Starting point is 01:41:22 As Lauren Bobert said, I'm so tired of spending money elsewhere. I'm tired of the industrial war complex getting all of our hard-earned tax dollars. The path that we're going, down doesn't look very promising, she said. Well, good for her, but everybody is saying that. Thomas Massey said, we've got a lot of questions about this conflict.
Starting point is 01:41:41 How long do they plan to be there? What are the goals? Is this the first $200 billion? Does this turn into a trillion? I mean, that's, you know, we just do a couple more rounds of this thing, and you're right there to trillion dollars. These are good questions, says reason. that the Trump administration ought to answer, regardless of whether Congress approves the additional
Starting point is 01:42:07 spending, the war in Iran has now entered its fourth week. There's still little indication of any long-term plan or any strategic goal for the conflict. The entire war has unfolded without congressional authorization for the use of force or for a declaration of war, and Congress doesn't want to go there. They don't want to get involved in this. The lack of clarity from the Pentagon of the White House is a sticking point for Senator Lisa Murkowski, a Republican of Alaska, who told reporters last week, she doesn't know what to tell her own constituents. You don't? How about you tell them the truth for a change? When they ask questions about the war, I don't know what to tell them. By the way, they know Lisa, even if you think they don't know, they know what's going on.
Starting point is 01:42:55 She said, before I can do my Article I responsibility in terms of helping to fund a war effort, I want to know some of the answers to the questions that Alaskans are asking me. Well, again, most Republicans just voted to shirk this. In the Senate, 47% said we're going to have something to say about this war. 53% said no. And so always in the past you'd have to find a way to pay for it. So you'd sell these bonds, but we don't bother with any of that anymore. Not at all.
Starting point is 01:43:28 As a matter of fact, you got, this is paving the way for horrible people like Gavin Newsom to get into the White House even. He said a $200 billion price tag for the war in Iran would be enough to extend the Affordable Care Act health insurance subsidies for another seven years. Or you could have a $3,500 tax break for the middle class, he said. Every member of Congress should ask their constituents, would they rather have a tax break, a health. insurance subsidy or another war in the Middle East. Reason says, I think I know which one of these would finish dead last in the poll. Obviously, it takes money to kill bad guys is what War Pete says, as he's pitching all of this stuff. And yet, is that really, what, are they really a threat to us? Or is maybe War Pete a threat to us? At one point of time, we had some people in the Pentagon who said,
Starting point is 01:44:24 you know, one of the greatest dangers to our national security is the dead. You don't hear them saying that now, do you? Given the open-ended vague nature of the conflict with Iran and the Pentagon's track record of being a terrible steward of taxpayer dollars, lawmakers are right to be skeptical. A credit to Eric Berlinson, a Republican from Missouri, for finding the most novel and responsible approach. He told CNN last week, the Pentagon should, quote, pass an audit before the Congress votes for any supplemental war funding. Then I'll know that at least they're keeping track of the dollars. You know, they've had audit after audit and failed every single one of them. It's not just the trillions of dollars that were missing just before 9-11.
Starting point is 01:45:11 And the people who were the ones investigating it turned out to be ground zero for that missile that hit the Pentagon. It's not just that. This has been going on and on after that as well. And so when we look at Carg Island, and it appears now that, that Trump is gearing up for an invasion of Carg Island because that's what the war mongers like Lindsey Graham and Ted Cruz and Netanyahu are demanding that he do. And again, it is absolutely insane, especially when you look at what is already happening in terms of our bases.
Starting point is 01:45:49 If you could take Cargoyle on at tremendous cost of life, how are you going to be able to hold that? it's only a few miles away from the mainland of Iran. And I don't know how they think this helps them with the Strait of Hormuz. It's 410 miles away from the Strait of Hormuz. And if you were to take this, just something like 20 miles away from the shoreline there in Iraq, I'm not really sure I'm American. I don't know any geography.
Starting point is 01:46:21 And these people don't know it either. But when you look at what the New York is, Times is pointing out here. Iran's attacks have forced U.S. troops to work remotely to evacuate these heavily damaged American military bases in the Middle East in many different countries. As a matter of fact, here's a map showing all the places that have been hit and the things that have happened there. That's very early on in the war. They were able to take out a billion-dollar antenna array that was the heart of the anti-missile system. So now, especially, especially they're able to strike at will at these places.
Starting point is 01:46:59 And so they're telling people, get out of the military bases and go to a hotel. As one person says, many of the 13 military bases in the region used by American troops are all but uninhabitable, with the ones in Kuwait, which is right next door to Iran, suffering perhaps the most damage, according to the New York Times. And so when you look at this map here of the closed bases, they point out many of the 13th, bases in the region are now heavily damaged or uninhabitable. You have in Kuwait, which is the worst hit. You have a couple of different air bases.
Starting point is 01:47:33 One of them, aircraft structures damaged, personnel injured, camp burying. There's fuel and maintenance facilities that were hit in Qatar. You have the air base there, had early warning radar system that was damaged. I think that's the one that was a billion dollar antenna array. In Bahrain, they have the U.S. 5th Fleet headquarters communications equipment, hit by Iranian drone, Saudi Arabia, the Prince Sultan Air Base, communications gear, and refueling tankers are damaged. In Iraq, Iranian-backed militia, struck a hotel and herbal with a drone swarm. And so Scott Ritter had this to say about the bases being evacuated.
Starting point is 01:48:10 Middle of the night evacuations of American personnel from bases that the United States government is now pretending were never critical to begin with. I've spent decades in military intelligence. I've watched governments lie about wars. I've watched the Pentagon craft language so carefully that defeat gets dressed up in the vocabulary of strategy. And I'm telling you right now, with the full weight of everything I've learned in uniform and out of it, what is happening to American forces in the Middle East at this very moment is a military collapse being narrated as a management decision. Don't let them do that to you. Stay with me. Because by the time, time I'm finished, you will never look at this coverage the same way again. Let me be clear about
Starting point is 01:48:56 something before we go any further. The United States military does not withdraw troops from active theater bases unless one of two things is true. Either the mission has been accomplished, and nobody with a functioning brain is arguing that, or the position has become indefensible. Those are the only two options. There is no third door. There is no creative reinterpretation of military logic that produces a third outcome. You hold ground or you abandon it. And right now, across seven countries spanning two closed embassies, 13 dead American service members, over 200 wounded, and a strait of Hormuz that has effectively ceased to function as a global shipping corridor, the United States is abandoning ground. And the language being used to describe that
Starting point is 01:49:47 abandonment is getting softer with every passing week in precise and inverse proportion to how much worse the reality is becoming. Having served in military intelligence, I can tell you exactly how this kind of institutional deception works. You don't lie outright, not at first. You manage vocabulary. You swap loaded words for neutral ones. You take a word like retreat, and you cycle it through a series of increasingly sanitized replacements until it no longer carries its original meaning. First, it becomes a posture adjustment, then a precautionary redeployment, then a strategic relocation. Each iteration sounds more deliberate, more controlled, more like a plan rather than a panic. But the troops moving out of those bases don't care what label the White House Press
Starting point is 01:50:38 Secretary attaches to the order. They're packing their equipment and they're leaving. And the Iranians watching every single one of those movements from their intelligence apparatus are not confused about what they're seeing. They know a retreat when they produce one. The clearest place to begin is Kuwait, because Kuwait is where the collapse first became impossible to conceal behind language. Iranian state media then claimed that American forces had quietly dispersed into civilian port facilities at Jabal Ali, Khalifa, and Fujera, moving out of identifiable military installations and into civilian infrastructure because the bases themselves had become too dangerous to occupy. Whether that specific claim is verified in every detail
Starting point is 01:51:27 is almost beside the point. The strategic logic it describes is entirely consistent with everything else we're watching. When your military footprint becomes a targeting solution, you scatter it, you disaggregate, you push personnel into location. the enemy cannot strike without triggering a different kind of political crisis. That is not a sign of strength. That is the operational signature of a force that is lost control of its own security environment. In Iraq, the U.S. Embassy issued a statement strongly urging all American citizens to leave the country as soon as they could do so safely. Not a travel advisory, not a heightened awareness bulletin, a direct instruction to leave an entire country
Starting point is 01:52:11 in Syria, U.S. troops completed a withdrawal from Al-Tanf, a position that American military planners have described for years as strategically essential to containing Iranian influence in the Levant. And American forces also began pulling out of Kobani in the northeast, added all up with the unflinching arithmetic of someone who has actually been responsible for force protection in a hostile environment, two embassies struck and closed, a countrywide evacuation advisory for Iraq, confirmed withdrawals from multiple Syrian positions. Hundreds of personnel relocated off Gulf bases before the first salvo was even fired, 13 American service members dead, over 200 wounded across seven countries.
Starting point is 01:52:57 And the United States government's official position is that this represents a thoughtful, deliberate redesign of the American military presence in the region. I want to be very precise about why that characterization is not just misleading, but is, in fact, an insult to the intelligence of every American taxpayer and an insult to the memory of every service member whose name we're not yet seeing on that casualty list. He's absolutely right. That's Scott Ritter.
Starting point is 01:53:28 Yeah, the Spanish Prime Minister has said that this war is going to be much, worse than Iraq. There already is much worse. He said it is an absolute disaster. It has undermined international law. It has destabilized the Middle East. We are facing something much worse with a far broader and deeper impact. He says it's not the same scenario as the illegal war in Iraq. And he criticized the 2003 government of Spain for joining in with the United States in the Iraq war. He said, But we say no to repeating the mistakes of the past, and we say no to dressing up this as if it were democracy, which is in reality greed and political calculation. He said, in short, we say no to war. Why can't we say that in the United States?
Starting point is 01:54:21 And of course, that's what candidate Trump said. That's what a lot of people voted for. But ultimately, they didn't care. Maga didn't care about anything except. Trump himself. This war is a huge mistake whose costs we neither accept nor are willing to pay, he said. And so Trump is stewing over this, figuring out how he's going to get even with the Spanish prime minister for pointing out the immorality of what Trump is doing. And it truly is immoral. So as Mises pointed out in terms of morality of this war, the immorality of the
Starting point is 01:55:00 immorality of this war. They said, if you oppose it, you are painted either as a naive, utopian pacifist, or you are demonized as a serious internal impediment to an operation that will finally bring about the kind of lasting regional peace that they claim is going to happen as a result of coming after Iran. Or you are called an anti-Semite for opposing it, right? Wars can throw off the worst tyrannies and liberate the oppressed, but they can also bring about the worst kind of atrocities. History shows that truly just wars are only possible
Starting point is 01:55:36 when grounded in a precise understanding of what is and what is not justified. That's why it always comes back to this. All of the policies and the economics and everything are really downstream of our interaction with God.
Starting point is 01:55:54 And this has become a godless country, if ever there was one. It's just amazing to see this. Violence, may only be used to resist or punish an aggressor. That's what makes it justified. That makes it justified in our individual lives, as well as the life of the state. The state doesn't have some kind of moral claim to do things that are not justified as individuals. And in this particular instance, we are the aggressor. And so it's only when we are mobilized, when we are taxed, to help attack somebody else that we are propagandized into forgetting or disregarding all this.
Starting point is 01:56:33 Well, I say that it truly comes back to this group think, this partisanship, this rallying around a political party or an individual. That's what makes us susceptible to participating in these kinds of criminal activities. And they are criminal. You have to be careful that we don't become the monsters that we fight, right? Well, Jesse Ventura is on Pierce's Morgan talking about how Trump needs to send Barron. He said, there's a simple thing as a leader, you know, having been in the military, said Jesse Ventura, Trump, having not been in it, he would not know because he is a draft dodging coward. He said, Baron, you can change that. You can enlist in the military right now. Do something your father didn't have the courage to do. Do something your
Starting point is 01:57:24 father didn't have the patriotism to do. And of course, Benjamin Netanyahu's son doesn't have the courage of the patriotism to go fight and the war for his, that his father has started there as well. As a matter of fact, you have a Senator Crow took it very personally to Trump as well. His congressman totally embarrassed Donald Trump, brutal. As a three-time combat veteran, I get pretty damn hot when a five-time draft dodger like Donald Trump pounds his chests and bang the war drums in Washington talking about sending boots in the ground. We have the strongest military in the world and we will easily prevail. Whatever the time is, it's okay, whatever it takes.
Starting point is 01:58:04 We're not even a year into this administration and President Trump has bombed seven countries. I learned years ago that when elites like Donald Trump bang the war drums and pound their chests in Washington, D.C., and talk about sending troops into the ground or into combat, he's not talking about his kids. He's not talking about all of his minions kids. He's talking about kids like me and the people that I grew up in working class areas, rural places around the country that have to pick up rifles, jump in the tanks or helicopters, and do the thing and do the tough work. I've got to play a clip here. So hang off before you take us out here. Before we leave, I've got to play this clip from Speaker Mike Johnson.
Starting point is 01:58:46 It's one of the most disgusting. And everything that he's done has been a long stream of disgusting sycifancy. but we got people like Lauren Bober said, I'm so sick and tired of sending money abroad while we got problems here at home that need to be taken care of. And Nancy Makesu says, I'm not voting for putting boots on the ground and killing people. I'm not going to vote for that $200 billion if that's the way it's going to be used.
Starting point is 01:59:09 And yet you got the guy who is the leader of their party doing this. The president has done so much for the American people. And we want to honor him in some small way, some token of our appreciation for his leadership. I'm so disgusted to the Republicans at this point. We have created a new award. A new award. We're going to do something we've never done before.
Starting point is 01:59:32 We're going to honor him with a new award that we'll present annually from this point forward. But he is the suitable and fitting recipient of the first ever America First Award. We can think of no title for what that is. Yeah, America First, right? The first recipient for this. Let me see. How many ways can I suck up to this guy? And we want to let you know before we bring the president out. Isn't that amazing?
Starting point is 02:00:02 Yeah, maybe it should be the America Thirst Award because we're going to be out of oil. Marky Mark, New Jersey. Thank you for the tip. He said the Strategic Petroleum Reserve needs congressional action to refill. Trump can't act unilaterally to refill it. Well, I don't know. I'd have to look that up. They can act unilaterally to empty it, right?
Starting point is 02:00:21 But they can't put those stuff back in. Is that the kind of checks and balance? that we've got. But do you think that there would be any problem for him to get Mike Johnson and Congress to do his bidding and to fill it up? These people do anything he says. So yeah, they own this. This is their decision to go to war without filling up the gas tank. And if he needs Congress's approval on it, he could have included them in the planning for this. But there weren't any plans. It was a plan to fail. And so Nancy May says she will not be. voting for this to fund sending South Carolina's sons and daughters to die in a ground war in Iran.
Starting point is 02:01:04 Can't say who it's for. We are not threatened by this in any way, shape, or form. We have nothing to gain. We have everything to lose. We are losing their empire, which I have no interest in preserving, but the people who have an interest in preserving it are sacrificing it for the interests of Israel as they build their empire. Thank you for joining us.
Starting point is 02:01:29 The common man. They created common core to dumb down our children. They created common past to track and control us. Their commons project to make sure the commoners own nothing and the communist future. They see the common man as simple, unsophisticated, ordinary. But each of us has worth and dignity created in the image of God. That is what we have in common.
Starting point is 02:02:08 That is what they want to take away. Their most powerful weapons are isolation, deception, intimidation. They desire to know everything about us while they hide everything from us. It's time to turn that around and expose what they want to hide. Please share the information and links you'll find at the David Knight Show.com. Thank you for listening. Thank you for sharing. If you can't support us financially, please keep us in your prayers. The David Knight Show.com.

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