The David Knight Show - Thu Episode #2348: The Currency Demolition Expert Is Running the Treasury

Episode Date: September 10, 2026

────────────────────────────────────────[00:02:09]GOP Convention Overrun by Trump Rubber Ducks and Stiletto Purses — T...rump 2028 Hats Widely AvailableGaudy rhinestone purses, $10,000 signed guitars, God Bless the USA Bible in public domain; Trump joined Chabad Lubavitch — does his Bible include the New Testament?────────────────────────────────────────[00:31:36]Bessent Said "I Am the House" — He's Set Himself Up as a One-Man Federal ReserveBuying long-term bonds with short-term debt — QE by another name; Bessent says bet against the house if you dare.────────────────────────────────────────[00:33:54]Trump Threatened to Halt Trade With Countries Running a Surplus Unless the Fed Cuts Interest RatesNot connected by any mechanism of policy; you have to speak clown to unpack it; Tony: controlled demolition of the American financial system underway.────────────────────────────────────────[00:39:06]Bessent Is Like Putting a Demolitions Expert in Charge of Security at the World Trade CenterBroke the Bank of England for $1 billion in a day; then the Bank of Japan for $3 billion; specializes in controlled demolitions of overextended economies — now controls ours.────────────────────────────────────────[01:01:03]Missouri and Texas Have Made Gold and Silver Legal Tender — Wise Wolf Can Verify and TransactBusinesses can accept gold or silver; goldbacks show current dollar value via app; Tony: sets precedents and gets into people's minds that gold is money.────────────────────────────────────────[01:39:58]Iran Captured an Anduril Underwater Drone — Pentagon Claims Outdated; Anduril Hasn't Been Around Long EnoughPeter Thiel's company; Hormuz is now a testing ground; military industrial complex needs endless wars to test equipment at cost of American and foreign lives.────────────────────────────────────────[01:39:58]Israeli Arms Company Covenant Backed by Peter Thiel and Netanyahu's Advisor — Cheaper Tomahawk ReplacementsRaytheon makes 60 Tomahawks a year; Pentagon gave them $23 billion; Covenant's backer Michael Eisenberg advises Netanyahu on Gaza and the U.S.; the new MIC is Israeli.────────────────────────────────────────[01:46:48]Israel Spent $730 Million in 2026 Keeping Itself the Victim in the American Mind — Up From $7.3 MillionA factor of 100; Brad Parscale, Trump's former campaign manager, paid to target young Americans through Salem Christian radio.────────────────────────────────────────[01:48:28]The Plan: Follow Americans Into the Pew — The People Being Bombed Are the Danger, the Bombers Under AttackOnce that holds, weapons ship, UN vetoes fall, diplomatic cover never lifts; that is what $730 million is for.────────────────────────────────────────[01:53:26]Former Israeli PM Confirmed Netanyahu Had 10 Days Advance Notice of October 7 — UAE and Egypt Both Warned HimReported in a Jewish newspaper; Israeli pilots admitted difficulty telling gunmen from civilians; Hannibal directive killed Israelis; like 9/11. ──────────────────────────────────────── 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” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases 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-show Or 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 10th of September. Here of our Lord, 2006. Well, we had a comical, I guess you could call it, a lame duck, a lame rubber duck convention. In Dallas, yes, they're selling Donald Trump rubber duckies there. Donald Trump, everything. Trying to show up the base bit late in the game, isn't it? Well, We're going to take a look at the escalating war, the global oil shortage that Trump has caused and how that is playing out in everybody's lives. Meanwhile, we've got the military industrial complex ramping up this time using the technocracy guys.
Starting point is 00:01:19 Peter Thiel and his companies are now taking over the expanded production. Tony will be joining us. There's lots of news about the dollar. As a matter of fact, we've got an alarm being put out by one of the former scientists at Anthropic, warning that AI is going to kill us all. Well, and that's what Hugo deGaris was talking about for the longest time. He said, yeah, the scientists will do that anyway. They all agree, even if it's going to kill us all, we'll do it.
Starting point is 00:01:46 It's a minority opinion to say you're going to stop that. But I still think these data centers, so-called, these hyperscale surveillance centers, are really about hyperscaleing digital currency. That is a monetary story as well, I think, is civil liberties. We'll be right back. Yeah, let's begin with the GOP convention, overrun by tacky Trump rubber ducks and bedazzled purses. As a matter of fact, I had to look this one up. They've got Trump purses there that have gaudy rhinestones and jewels and stuff like that all over them.
Starting point is 00:02:24 And they call them stiletto purses. I had never heard of a stiletto purse. And basically what they do is they take a stiletto heel shoe and they make a purse out of it, wrap some additional leather around it. And so I guess maybe you can drink champagne out of it as well, dual purpose. This is the mentality of what is happening there. You've got this interesting mixture of chudley characters, like you see the meme on social media.
Starting point is 00:02:57 And these Uber rich billionaires that have taken over the party and are gilded with it. And it just, It's part of the mesmerizing, I think, of these MAGA people who continue to follow this. They look at all this gold and money that's there and it's like, oh, yeah, this is the way. No, it's not. So they've also got the guitars that Trump sold for a while, over $10,000 for one that's signed by him. Or you can get a God bless the USA Bible, a King James Bible, which, by the way, is in public domain. he doesn't have to pay anybody for that translation.
Starting point is 00:03:35 I just wonder, does the Donald Trump Bible include a New Testament? Since he's not a Christian and he's Jewish, he joined the Chabad Lubavich, and we have seen him demonstrating this over and over again. We've got a lot of people who said that's happened, but you can look at what he does and pretty much tell us what he does. So I wonder if it's got the New Testament in it at all, or they just ripped that out. Trump's 2028 hats were also widely available. Just imagine if Trump were to get a third term.
Starting point is 00:04:08 How, what an uncontrollable monster a third term would make him. Look at the difference between the first and second terms. The first term was nothing to brag about or to vote for a second time. But when you look at what he's now done with this second term that he's in, it truly is a demonstration of how absolute power corrupts, absolutely. So there was not too much information about Republican candidates that were on the ballot, although there were a lot of signs there about Ken Paxton because he's in a real struggle there. And Trump hasn't really wanted to throw any money his way. He's got a massive $400 million war chest.
Starting point is 00:04:48 But even though Paxton is struggling against Tala Rico of all people, these two, I mean, doesn't that raise right there say at all? Two reprehensible, characters personally and in terms of their policies. And what do you do with that kind of a situation? You throw money at it. That's what you do. You throw money at it to convince everybody that the other guy is even worse than you. You can't make your guy look good.
Starting point is 00:05:16 So you've got to make the other guy look even worse. So the Trump Convention is offering what they call an investor experience. Yeah, I think that is the appropriate way to refer to all. these political gatherings, especially with Trump. It is an investor experience. And you invest in this guy because you know you're going to get something back from him. As I've said so many times, the rate of return on these investments, right, is typically about 1,000 to 1.
Starting point is 00:05:47 You invest thousands of dollars in these guys. You get back millions for your business. You invest millions. You get back billions. So they're charging as much as $20,000 from some of the people. people there to be a quote unquote honorary delegate because this is not a real convention there's not going to be anything there's not even any uh floor fight about a um you know platform issues and things like that which is typically all that remains anymore anyway it used to be i remember uh it was kind of interesting
Starting point is 00:06:19 i guess it's one of things that got me involved in politics at a very early age i remember watching on the old black and white TVs the family sat around and watched these floor conventions because it was really an open question That's who was going to get the nomination. It would happen at the convention. And we would sit there and watch to see what was going to happen. Who was going to surrender their delegates to somebody else, that type of thing. That kind of suspense is not there anymore.
Starting point is 00:06:44 It's already a done deal. And it's just a cheerleading session. Trump's convention will still have unofficial delegates, even if they don't have any formal business to conduct. One county Republican Party in Texas advertised an honorary delegate. and that would cost you $20,000. Michigan is offering the same experience for $5,000. And they point out, this is not a traditional delegate position.
Starting point is 00:07:11 It does not involve convention voting or official delegate responsibilities, so the Michigan GOP. The honorary delegate designation is a special recognition that grants you an exclusive experience that most attendees will never have. What is that exclusive experience? They don't say what it is, but I think I know what it is. It's getting your pocket picked. That's the exclusive experience.
Starting point is 00:07:37 You get robbed for $5,000 or $20,000 depending on the state party. Well, Steve Scalise, the majority leader, is there, and he was warning people that Democrats will impeach Trump if they win control. Be careful. You're making a case for the Democrats. That's Scalise. About the only way we're going to stop this war is if we stop this guy from being president. He said the first thing they'll do is impeached President Trump. The Democrat Party is completely taken over by crazy communists.
Starting point is 00:08:12 Okay. So you're going to put the impeachment of Trump and stopping the impeachment of Trump as a priority over stopping communism or stopping the crazy stuff that they do? And of course, we're talking about crazy. We're talking about the LGBT type of thing that you see with Talarico. That's the two aspects of it. Crazy is the LGBT. Communist is there, socialism that is there. And so, again, maybe he doesn't want to talk about the crazy aspect of it, the LGBT aspect of it.
Starting point is 00:08:47 Because when you look at what the Republican Party is putting out there as examples of masculinity, Yeah, they've actually got a seminar, their speeches there. And the people who are going to be speaking there are take a look at these masculine GOP guys. We got Scott Presser, the guy with air down to his waist, who is about as effeminate as you can find anywhere. Then we got Benny Johnson, who's also going to lecture people on masculinity. And this guy who I've not seen before, I don't know who he is, but this is Brillen-Holleyhand right here. Oh, he looks like a real masculine guy. No marlborough man.
Starting point is 00:09:29 It's going to be holding a seminar there at the GOP because they're all about guarding their pedophiles, aren't they? Mike Johnson, the rest of them. Yeah, and then Steve Scalise goes on. He says, and be careful about this, Steve. You're reminding people why we want to impeach Trump. He says, the Democrats get in, they're going to raise taxes on every hardworking American. You mean like the terrorists? You mean like the oil tax at the pumps?
Starting point is 00:09:57 That kind of thing? I wonder who else does that kind of thing. Well, let's take a look at oil and war. Kind of like oil and water, these two things don't mix. You can either have oil and you can have peace and energy and prosperity, or you can have war. War is the destruction of prosperity. It's the destruction of energy.
Starting point is 00:10:21 And we see this happening everywhere. So Iran and the U.S. are now ramping up the attacks on each other and other people in the Strait of Hormuz. Both of them are bragging about the number of tankers that they've hit. You want to talk about sitting ducks. These are not rubber duckies, but they're about as vulnerable. Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers. Attacks on shipping by both sides, but of course it ramps up and starts.
Starting point is 00:10:53 with Trump. This is he started the war. So the attacks sent the price of oil surging, breaking $100 a barrel for the first time since July. As I pointed out yesterday, because of that, Goldman Sachs is projecting the near-term price going up to $120 a barrel. Remember at the beginning of this because of the Strait of Hormuz and Iran said, you're going to see oil at $120 a barrel? And all the people are scoffing and you had the Ben Shapiro's and the Dave Rubens of the Daily Wire and all the Zionist shills out there say, no, that'll never happen. That's crazy. This is not a quagmire. It's not going to go on forever and ever. Well, now we're looking at Goldman Sachs, thinking that it's going to go to 120. And we're now over
Starting point is 00:11:39 100. Trump, meanwhile, is ramping this up. He says, we're going to bring them to their knees economically. Maybe he's going to bring the entire world to its knees economically. Maybe he is a one-man global depression and a one-man global war. The incidents follow months of relative calm in which the U.S. has sought to pressure Iran through economic means, not months, but a full month, I should say. By the way, that didn't work, did it? And so now, even though he's told us that he's won the war over 60 times, they can't hold out much longer.
Starting point is 00:12:18 Oh, they're on their final leg, says Donald Trump. at least he didn't lie to us again telling us that he controls the straight of her moves and that he has won the war again. Trump said Tehran was trying to influence the November midterm elections. Except that, you know, he's the one who started it. They didn't start the war. He started the war. And he's telling us that this war is just a temporary pain for long-term gain, right? Listen to this.
Starting point is 00:12:48 And Mr. President, you've been saying for weeks that oil and oil and, and gas prices are going to come down. Oil is now back above $100 a barrel. How do you explain this to Americans who are wondering when prices are going to come down? Well, I think it's very easy to explain to America. All you have to do is say, will you let Iran have a nuclear weapon? And the answer is no.
Starting point is 00:13:06 And they're doing very poorly. Their country is in shambles right now. They are, as you probably have seen, the numbers, 300% inflation. Their money is valueless. They're not paying their soldiers. We control the strait. and lots of other things.
Starting point is 00:13:22 So for a little while... You're not paying your widows. Shortly, but right after the election, because they'd like to have it that way, but right after the election, oil prices are going to be tumbling downward. They're going to be tumbling down, and we'll get them down.
Starting point is 00:13:36 I think for gasoline, we'll get them below $2 a gallon. Do you believe a word that man says anymore? Right after the election, probably within 24 hours, just like he was going to stop the Ukraine, Russia. at war within 24 hours. Remember that? Now it's going to gas, oil and gas are going to drop down, the gas will go down and below $2 a gallon, according to him. Yes. I also find it amusing how
Starting point is 00:14:01 concerned he is about foreign influences in American politics. And there's certainly a lot to be concerned about. I mean, look at how many politicians are funded by Iran. Oh, wait, that's the other side. That's right. Yeah. All Iran has to do is just point out what we're doing and what the consequences of Trump are, but of course, Israel is buying our politicians left and right. And so he continues on with it. You know, he really does believe this is going to end right after the election. Not by him. They will just capitulate and surrender. I think the war is going to end immediately after the election. Within 24 hours. I think the war will end immediately after the election. Because they can't hold out any longer. They're desperate to try and
Starting point is 00:14:47 the election so that we can get a nice, weak group of people in there and leave them alone and let them have their nuclear weapon. All they want is a nuclear weapon. And if they had a nuclear weapon, the whole world is in deep trouble. Are you still hoping for... Yeah, you know, Trump, those talking points that you've got there from Benjamin Netanyahu didn't impress anybody for over 30 years, except for you, except for you. Nobody believes any of that nonsense. And Trump himself doesn't believe. any of it. As a matter of fact, he's pointing out that it's going to be more than just nuclear. We're going to have to have other things on the table, he said, as well. So even he doesn't believe that.
Starting point is 00:15:28 In recent weeks, Washington has boasted of increasing success in terms of guiding tankers through the Strait of Hormuz. Yeah, they recovered after losing about 100% of the traffic. They recovered to get back 10% of what they'd had before. That's great, isn't it? You got back 10% of what you destroyed. Even more severe than the rise in crude prices has been a surge and the cost of the fuels refined from it. I remember when we had the OPEC oil embargo, which was not nearly as bad as the Trump-Israel oil embargo that has been imposed on us. And that cartel, the OPEC cartel, as opposed to the Zionist cartel, when they did that, were trying to get everybody to conserve fuel. And so the slogan was, don't be fuelish. Well, I think this is a
Starting point is 00:16:23 foolish war. I think this is not about nuclear weapons. This war is about fuel. And Trump is about the most fuelish president we could have. Even more severe than the rise in crude oil prices have been the surge and the cost of the fuels refined from it. Again, the retail price of U.S. diesel hit a fresh all-time high on Wednesday above $5.94 a gallon. And that's an average. I mean, when you look at many states, it's over six. You look at California, it's over seven. Trump has vowed to do even more of this.
Starting point is 00:16:59 It is so good. We're winning so much, as he said before, you know, we're going to be so tired of winning. And I am so tired of him winning this war over 60 times. I can't stand listening to this fuel anymore. But again, he's arrogant. foolish bully and he is a murderer as well you know out there's sinking tankers and killing people just like they didn't in Venezuela except they claim that in Venezuela they're carrying dangerous stuff right
Starting point is 00:17:29 they're carrying drugs even though they don't verify that I wonder what the tankers is Higgseth going to order people to circle back around and machine gun the survivors of the tankers will they do that that's what we become this is this is government, this American government is a bunch of murdering pirates. They're criminal. They're war criminals. Trump has claimed the U.S. has already taken out about nine Iranian oil tankers, threatened to attack a lot more, he said. Well, Rubio, however, and the Central Command has a different number. Theirs is about half of what he's boasting about. This is the amazing thing. He's not ashamed of his crimes. He boasts about him. It's not enough to sink five tankers. He's
Starting point is 00:18:11 got a claim that he sank nine of them. They lost five more last night, said Rubio. Four were damaged. One was sunk. So they'll continue to pay a price for that. Again, what we're looking at with this war, this Zionist war, is a murder-suicide pack on a global scale. Iran is claiming attacks on 10 vessels near the Strait of Hormuz, including two U.S. Navy ships and eight tankers.
Starting point is 00:18:37 The BBC warned tanker crews near Bahrain and Iran. in Kuwait to abandon their vessels ahead of potential attacks. Well, I'm sorry, it wasn't, did I say the BBC? It's the IRGC. My eyes are a little bit fuzzy today. But, you know, the Iranians are warning people do that. And there's not a great deal that you can cheer somebody for. I mean, when you look at the IRA,
Starting point is 00:19:05 I remember when they were bombing places in London. And they were doing that when we were there for a period of time. But they would typically warn people to say, we're going to bomb this building, get out of the building, then they'd bomb the building. It didn't always work that way. They did kill people. But the U.S. doesn't even do that. We don't even have the standards of a terrorist organization. Whether you're talking about the Iranian guards or the IRA, we don't even have the ethics of terrorists.
Starting point is 00:19:32 We just kill people. Oh, that warning. Trump predicted that the war with Iran would end immediately after the November election. just like Ukraine. And, of course, I'm glad to see that the Ukraine war ended right after the election, just as he predicted, right? There's a lot more, he said, than nuclear. Remember, he just said nuclear, nuclear, nuclear, nuclear?
Starting point is 00:19:54 He said then after that, he said there's a lot more than nuclear. There are other issues that now have to be put on the table. So, yeah, it's not about nuclear. We know what it's about. When Netanyahu was saying, we're going to attack Iran because they're two weeks away from a nuclear weapon. He was saying that for 30 years before he got this rube, this absolutely controlled Zionist Trump. And I think he's not just bought. I think he's bought into the revisionist Zionism that is there. Before he got him to join in with this
Starting point is 00:20:26 fight, we understood that what really Netanyahu wanted was Iran completely destroyed, as they have done to Gaza, as they are doing to Lebanon. It is a crusade. for greater Israel. They are at war with the world, and they are not about to stop anytime soon. That's really what he wants. That's really what's on the table. It's not about nuclear weapons. When you look at what's going on with all these other states that have nuclear weapons,
Starting point is 00:20:56 right, why didn't we go to war to stop Pakistan from getting a nuclear weapon? Why did Trump say to the Saudis, the Saudis, who are chopping people's heads off on a routine basis and chopping journalists to pieces. Why the Saudis get nuclear weapons? Why does Trump not worry about North Korea having nuclear weapons? No, it's only Iran, isn't it? And we've had this situation with Iran since not 1979. That's when they wanted to destroy them.
Starting point is 00:21:28 We destroyed Iran's form of government and set up a puppet dictator there with a Shah of Iran. We did that in 1953. So we're looking at 76. years, not 47 years in terms of our relationship with Iran. We have always been the aggressor, except when they threw out the Shah of Iran and installed the Itoa. And it was from jumping out of the frying pan into the fire for the people there domestically. But we are the ones who created that. I like this graphic from this reason article here. Trump's war in Iran
Starting point is 00:22:00 has cost Americans over $101 billion at the pump. Look at that. You got a scroll, you got an eagle coming from one side and another bird coming from the other side. I don't know if that has any significance with Iran or not. But the price of gas is for regular, it's an arm. For plus, unloaded, it's a leg, and for premium, it's both. So the price is an arm, a leg, or both, depending on whether you're getting regular or premium. That's always the gasoline up. 30% diesel prices at an all-time record high. Yeah, those dastardly Iranians, look what they're doing to Trump's election. here. He's got nobody to blame but himself and Netanyahu really. Gasoline, a 32% increase in the previous year. Diesel costs are up 60% from a year ago. And you've got several different
Starting point is 00:22:51 organizations that have brought this out to look at this. How much is this costing us on average per household? Well, Brown University calculated $777 per U.S. household. That's what Trump's Foolish war has caused. Not counting the families that have already lost American soldiers or the young widow with three children whose husband was killed and can't get the kind of benefits that she needs because, hey, it's not officially a war. So too bad. Too bad.
Starting point is 00:23:23 We don't care about that. As Trump was saying, well, the Iranians can't pay their soldiers. Well, the Pentagon won't. That's the reality of it. And when you look at what he got, Paul Tree $200 additional month for combat pay, it just disgust me to see how people are being used by them. Anyway, unfortunately for consumers,
Starting point is 00:23:47 the situation is likely to worsen before it improves. The Trump administration has extended troop deployment well into 2027. As a matter of fact, you've got people reported that several people within the Trump administration are telling reporters that it's not going to end until his term ends at the earliest. I think it'll continue on beyond that, as a matter of fact. Probably have somebody else pick up the mantle and do it from military industrial complex. Do it so the people like Peter Thiel can make a lot of money, a lot more money.
Starting point is 00:24:20 I think they'll continue this war because it's what it's really about. But nobody expects it to end any time soon. Nobody is believing anything that Trump has to say. So Brown University calculated the cost per household. of just the fuel cost, just the fuel cost of Trump's lunacy. $77777 per household. Then Moody's looked at it and they said, well, we think that it's about $1,000. And understand, this is in addition to about $1,000.
Starting point is 00:24:49 I think it was the figure. I can't remember exactly, but I think it was $1,000 that they'd calculated his tariffs had cost everybody. Are you struggling with anything? Because if so, just take a look at the taxes and the war. that Trump is imposed on people. So Moody's says 1,000. Then you have the Institute on Taxation and Economic Policy.
Starting point is 00:25:12 They said, well, we calculated it as 663 since the start of the war, but we think it'll be $1,100 per household by the end of the year. So there's your three figures. $777, $1,000. They said, when they put out $1,000, they said, well, the true cost, is likely higher, meaningfully higher than $1,000. That was what Moody's said. So $77, $663,000 so far, or maybe $1,100 by the end of the year.
Starting point is 00:25:45 Yeah, he's making America great again, right? Great Depression again. The president has repeatedly dismissed concerns about the war's domestic economic impact. Of course, he's only concerned with what happens to Israel. And, of course, his other Zionist pal in Argentina. as he nails the ranchers to the wall, as he ignores the farmers, and he sends $20 billion of relief to Argentina
Starting point is 00:26:13 while he does nothing for the farmers for six months, then he gives them half of what he gave to Argentina. When he empowers Argentina with the beef sales, and somebody asks him about that, he says, you don't understand what they're doing. They're dying, young lady. You don't know what they're going through in Argentina. He doesn't know or care what American farmers are going through.
Starting point is 00:26:36 He doesn't know or care what American ranchers are going through. He doesn't know or care what American consumers are going through either. In March, Trump described the rising cost for gasoline and diesel as a very small price to pay for world safety and peace. No, it's not safety and peace. This is a global depression that he's creating and a global war. But he said only fools would think differently. because he is the ultimate fool. The president has blamed higher prices of gas on the big oil companies.
Starting point is 00:27:11 As I've said before, this guy is a classic, classic New York City Democrat. Just look at what he says and look at what he does. Yeah, it's the big oil companies. They're the problem at the pump. It's not anything that I've done, right? And when it comes to tariffs, don't worry. We're going to make you rich with taxes because we're going to have other people pay for stuff. you're going to get the money.
Starting point is 00:27:33 And when the money goes to the federal government, that's going to make you rich, right? No, it doesn't. And they're not paying for it. You are paying for it. It's a massive transfer of wealth from Americans to the federal government. That's what the tariffs are. And so he is a typical New York City Democrat. Months later, he remains unfazed by the war's impact on American households.
Starting point is 00:27:53 Oil prices will drop precipitously, like everything else is dropping. But more, he said, when we win the war with Iran. I thought you won that many times. He's living in a fantasy world. This guy, he is absolutely out of touch with the reality. As a matter of fact, it was kind of interesting. I got to show this to you. We're not going to talk about 9-11 until tomorrow,
Starting point is 00:28:17 but I wanted to show you as he was giving his speech. I pointed out yesterday, he was not going to go to the site of Ground Zero. He had Ground Zero brought to him in terms of a steel beam that was there. and as he's talking about 9-11, of course, it's all about him. And here is an AI animation of his recollection, which is nothing but a fable. I'll never forget two firemen. We thought it was coming down on top of us and two firemen, big, strong guys. And I'm not the smallest guy in the world.
Starting point is 00:28:53 They grab me under the onset, got to get out of here. And they literally lifted me up. This is not easy to do. How big? It lifted me up and they started running with me. I said, fellas, I can run myself. But they were amazing. But they thought it was coming down and didn't come down to USC.
Starting point is 00:29:12 You've been playing Samuel Barberer's Adagio for strings there in the back. Here he is being carried over the rubble by a fireman on each side. And there's Lucky Lucknick right there as a rescue guy. He has a little thing. song there, doesn't he? Great job by those guys. We're going to take a quick break, folks, and we're going to be joined with Tony Arterman.
Starting point is 00:29:49 We're going to talk a little bit about what's going on with the dollar and possibly with gold as well. We'll be right back. Stay with us. You're listening to the David Knight Show. All right, welcome back. And joining us now is Tony Arterman of Wise Wolf Gold. Always great to have Tony on.
Starting point is 00:31:41 and there is a lot of financial news, just like there's a lot of news about war and oil and all the rest of stuff. There's a lot of news about gold and the dollar especially. A lot of shenanigans have been happening in the last week or so. And again, you can get to Wiseville Gold. If you go to do David Knight.gov, I'll take you to Tony. And he has an excellent system that is set up. Of course, you can buy any quantity of gold or silver that you want there.
Starting point is 00:32:05 He's got, he operates at a very reasonable profit margin. It's always a good price there. But he will also let you take advantage of a group buy if you get into Wolfpack. And you can start to save on a monthly basis. And you can set up as little or as much as you wish, really, to start accumulating gold and silver as an insurance policy. To start converting your rapidly evaporating fiat money into something that has always held its value. And so that's an excellent program. I don't know if anybody else that does that.
Starting point is 00:32:39 Thank you for joining us, Tony. What's on your radar this last week? We've had so much happening. It's great to be back, David. Last week towards Labor Day, I took off and I went to just, it's not something I regularly do, but I took a break. I went to Colorado. Good.
Starting point is 00:32:54 And while I was out there, there was a story that came across. I just, I tried to stay off the news feeds, but there was a story that came across. And I thought, is this, is this really have? I thought it was a parody. But I found an outlet that actually covered Trump. That's the world we live in. Yeah. I couldn't quite tell because I was like, let me, I read it four times.
Starting point is 00:33:14 And I like, that can't be right. But it was. Trump went on true social. And the independent and UK put out the headline that actually covered what he actually said. Trump threatened to stop trade with other countries if the U.S. doesn't lower its own interest rates. He went on truth. This is on the fourth. So it was like, you know, towards the Labor Day holiday.
Starting point is 00:33:36 And this is the synopsis of it. Trump threatened to halt trade with every country that runs a surplus with the United States unless the Federal Reserve cuts interest rates tying together two things that are not connected by any mechanism of American economic policy. Well, because it's a temper tantrum, right? If they don't lower interest rates, it's going to make me so mad, I'm going to do this to you, right? And it really is insane, except that there seems to be a plan. And I think one of the things I covered last week, Tony, was a substack called the Leophiles.
Starting point is 00:34:10 And she's somebody, she said she used to be a CIA analyst. And she came up with a sequence of events that have happened in the Trump administration. First of all, the big win that Maga will tout that Trump prohibits CBDC and said, well, when that happened, if you remember, we talked about that. And he said, yeah, that's just a head fake. They're going to set up a private digital currency. I call it a CCDC. which comes after CBDC. It is the crony capitalist version of it.
Starting point is 00:34:38 And then we see who the crony capitalist that are going to benefit from this are going to be. To me, it was kind of up in the air. Well, is this something that's going to be set up to benefit Lutnik and his Tether, a stable coin that he already has had up there for a while. He's highly connected to that. And, of course, Tether gets its Federal Reserve notes
Starting point is 00:34:57 that supposedly make it a stable coin. They get that through his Cantor Fitzgerald Company. And so they passed legislation saying that stable coins are going to have to have a pretty high percentage of treasury bills there. And you and I have talked about that, how they are having trouble selling the T bills and the bonds. And so what they're going to do is fold that into a stable coin and sell it to people a little bit of time. You know, it's kind of like the fluoride in the water, right? You got all this industrial waste and it's going to cost you a lot of money to get rid of this hazardous stuff. So let's just sell it to the people, and they can drink it a little bit at a time.
Starting point is 00:35:37 We'll have to worry about getting rid of this stuff. So that kind of toxic monetary waste, they're going to sell that out and dole it out to us bit by bit as they enact controls. But there's always, when you look at the Trump administration, there's always going to be one aspect of it that's going to benefit him personally and or the people around him. And so now we can see that unfolding as well. As Trump is threatening other countries, so was Scott Bessent. just a day after they gave a bank charter to the Trump family. So now the Trump family has the only stable coin out there that has a charter. So they're trying to kick people out of the dollar system,
Starting point is 00:36:14 and Trump's going to have the only alternative there. It looks like these people are setting themselves up, be the new Rockefellers or the Rothschilds, doesn't it? I think it's just a coincidence, David. It can't be any grift inside this administration. You know, you go back to the first Trump administration, and you and I covered this, it was Jared Kushner that was talking about the blueprints of CBDC. It wasn't the Biden administration.
Starting point is 00:36:38 They didn't start that. It was the Trump administration. And Biden put out the executive order that all branches of government should start looking to implement CBDC or a report back of how it could be implemented. And it finally caught on into the consciousness politically that, you know, the term CBDC. And I was talking about it. It was interesting how fast it caught on. And the Trump campaign used it as a weapon. I was in Nashville when he went there in 24 during the campaign to say that there will be no CBDC when he was at the Bitcoin conference.
Starting point is 00:37:15 And I thought, well, that's interesting because it was Kushner that pushed it. What will be the alternative here? They're not going to scrap the digitized dollar system. No, they're going to make it worse. It's a public-private partnership, as you mentioned, which is. the definition of fascism. That's what they're going to implement or in some direct way to benefit themselves. And if you look at something like Tether, Tether is acting like a central bank.
Starting point is 00:37:41 It's not merely a staple coin, David. It's got a $187 billion market cap. Well, that's three months ago. So I don't know what it is now, but it buys gold just like a central bank. So something, your thesis, I think, is 100% correct. And they're going to do something. and it's maybe like a valve, like, you know, with the current system imploding, and who knows where we're going to go with that.
Starting point is 00:38:05 I mean, you've got the Fed talking about raising rates in September, and the reason they're raising rates is because inflation is bad. Inflation is worse because of what we've done in the Middle East than the price of energy. The price of crude is driving that. So it's not like we expanded the money supply through quantitative easing and we're going to have to raise rates. No, the damage that's being. done from energy prices is causing them to have to raise rates. But that will also create the need
Starting point is 00:38:33 for intervention. So again, it's it's this creative destruction or a control demolition of the financial system that will give rise to these off ramps and new systems that will enrich the very few. And again, it's not and it's not a pleasant thing. It's not something that's going to benefit the American people or the people of the world with these new stable coin systems. that they're going to do. But I think that is where it's headed. I agree. Yeah, they're going to profit off of this stuff like Larry Silverstein profited off of 9-11. It's a lucky. You know, it is an inside job. It is a controlled demolition. And so lucky Silverstein and lucky Lutnik, they made a lot off of that situation. But, you know, the Wall Street Journal said, look at what Besson is doing.
Starting point is 00:39:20 They said, he's a one-man federal reserve. He's setting himself up to do this. And when you go back and look at his history. That's one of the other things that Leah was talking about in the leophiles. And again, it's her tying the stuff together. I agree with what she has to say. But she said, look at his history. And I've said this as well from the very beginning, anybody that is connected to Soros, you typically would have the alt-stream media, the right, the people who cheer Trump,
Starting point is 00:39:49 would come out and say, oh, this guy is absolutely unacceptable, acceptable. And yet they look the other way. when it comes to Scott Besant. They don't care about his association with Soros. And what did he do with Soros? Well, they broke the Bank of England. He made like a billion dollars in one day doing that. And then he made over $3 billion doing the same thing again against Japan.
Starting point is 00:40:11 And so when we got this guy there, if you want somebody who is like taking somebody who has a long history of doing building demolitions and putting them in charge of security of the World Trade Center towers. And that's what we've got. We've got a guy who specializes and controlled demolitions of countries that have overextended themselves like we have. So he's got the right personnel in place for this. And I think we're going to see this expanding rapidly. And, of course, you've talked many times, Tony, about how rapidly the money supply is growing.
Starting point is 00:40:47 Well, there was a new article that came out yesterday from Mises talking about money supply growth has accelerated in July to a 59-month. month high. As a matter of fact, they are rapidly growing the money supply rate. Shortly after we coming the new Fed chair, Kevin Worse said, well, we're going to take care of inflation, except everybody looks at the interest rates and nobody really pays much attention to the money supply growth. And what he is doing is as inflationary, if not more so than if he would take the interest rates down back down to zero, I think. Your over year, growth in the money supply was 8.62%, Tony, up from June's year-over-year increase of 8.59%. Prior to that, the previous year-to-year growth of the money supply was 1.4%.
Starting point is 00:41:36 So they're ramping this thing up rapidly. And as they point out, it's very strange to see this type of thing being done when you look at other economic indicators. When you look at the price of many things and the jobs, We look at regular inflation and the core inflation measures that they have. It's very unusual for them ramp up money supply in this fashion. And they talk about the fact that there's a couple of different measures for it. One of them is the true money supply measure, the TMS, which came out with Murray Rothbard and Joe Slearno.
Starting point is 00:42:14 But then, of course, the traditional one of M2 was actually outpacing even the true money supply, and both of them are up significantly. So the TMS money supply is up more than 226%. M2 has grown by more than 170% since 2009. And so what's going to happen with that? You know, to me, the head fake, you know, Warsh, who's now head of the Federal Reserve, was supposed to come in and lower rates.
Starting point is 00:42:48 And he was expected to be doveish. And that was the sentiment, because Trump, you know, again, even threatening Jerome Powell with an indictment for the cost overruns on the wing of the Federal Reserve. But like unprecedented criticism and pressure from the executive branch on the Fed. And that created wars. And then wars came in and said, oh, no, we're going to either hold rates or raise rates. And it's very confusing because then you see somebody like Scott Bessent, who we're 10 billion now in long-term bond buybacks, which is guantitative easing. So the Treasury is now getting in it on this game in currency creation.
Starting point is 00:43:26 And looking at Scott Besson, too, it reminded me of Fauci. You remember Fauci said, you know, when you criticize me, you're criticizing science. And it's something that Fauci said, well, this last week, Scott Besson came out and talked about not only the intervention in Japan, but the long-term bond buybacks. And he said, I am the house now. I don't know if you caught that. When you bet against the house, I am the house. So go ahead and do that if you want to. So that sort of egotism, I guess, fits right in.
Starting point is 00:43:57 But it definitely is an inside job. And we're not privy to everything that really the mechanisms or the plan that is unfolding. But it's not what it seems. I mean, if you look at the end game for what they would have to do in order to maintain interest rates or keep the money supply in a stasis and not expanding and not creating more inflation, it wrecks the entire economy. Because we're on a debt-based system now. And currency creation and easy liquidity, and the first people to be affected,
Starting point is 00:44:35 the most would be just average everyday workers and small business people, which are going to get hit the hardest when they either continue to keep rates where they are or if they raise them, which is that's. where the smart money is putting the bets on raising rates this month. I don't, you know, again, David, I think there is a consensus among the elites that the American financial system is going to be reset. And those who are in the know, we're going to get their golden parachutes. And those who are watching the old playbook, which I think is going to be very detrimental at this
Starting point is 00:45:10 point, because I don't think you can use history as your guide to what's going on in the past. And we've discussed many times. You just don't have the maneuverability of like a Paul Volcker like in the 1970s and 80s to to mess with interest rates or do anything about the money supply from the Fed. So this is going to come from, I think, something looking like what Scott Besson is actually doing, which this Treasury's never done, which is buying its own bonds back, you know, and buying long and liquidating those, you know, in direct intervention. You mentioned, too, the financial D-Day, which is because of the war with Iran, which is, I guess not a war, right? Which is so insulting. When people, so when you get people fighting, I heard people say that about Afghanistan. Oh, it's not really a war.
Starting point is 00:45:59 I just got back from there. You could have fooled me that it's not a war. But, you know, it's interesting. They got this financial D-Day. and I started watching like some of the trends that have happened six months ago with the with the Hong Kong gold exchanges of things that are going on you know not just the Shanghai gold exchange but Hong Kong I thought was really important get a hundred tons of Russian gold flow into Hong Kong and those those storage facilities
Starting point is 00:46:29 that they're building China especially is the key here because if if Bessent and the Trump administration are going to create a financial D-Day and all these countries that trade are going to get sanctioned and gold is a sanctionable asset. What are you going to do about that gold in Hong Kong? You know, what are you going to do about the, are you going to sanction the Chinese because they're dealing with countries that are dealing with Iran? I mean, give me a break. You're not going to be able to do anything. Nothing is, nothing is too stupid for Trump to try. Whether or not he can actually pull it off. That's another question, but he might be stupid enough to try that. I mean, look at, look at a way he's doing to Canada,
Starting point is 00:47:05 for example. I mean, it's insane what he's doing. It is truly insane. I guess I had to read that article and the true social post that he put out just before Labor Day. We're threatening other countries because of what the Federal Reserve may or may not do with interest rates. Threatening ourselves, to unpack that logic is you have to speak clown. I know we live in the clown world order now. I've gotten pretty good at doing things. this, but I have to filter through and make sure, is this even real? Like, are we that dumb? Like,
Starting point is 00:47:43 we're really doing it. The movie airplane, you know, where they got these two bike guys, and they go back and forth and stewardess can't understand them. And the old lady stands up and says, wait a minute, I speak, Jive. You've got to be able to speak clown here, I guess. It's getting more and more difficult, David. I mean, you're trying to use, and I read a lot of books on economic history and, you know, history of gold and things, which always learned something. It's always fascinating. Monetary history is so closely tied to, you know, the philosophical and sociological history of mankind. So that's my wheelhouse. And it's interesting as we get closer and closer to this new economic world order and closer
Starting point is 00:48:21 to the Great Reset, it gets blurry because you don't exactly know what is happening because it doesn't make any sense. I mean, you know, you and I discussed over the last two years, we lost the petro dollar or because of our inability to sign another deal or to, you know, get an agreement. We just let the agreement lapse with the Saudis that was in place for 50 years. And slowly, you know, and then suddenly we've had all these countries stop using the dollar to denominate the purchases of crude oil, which was the whole point of having a petrol dollar post the Nixon shock of, you know, 1971.
Starting point is 00:49:00 we were supposed to have this linkage of energy and the dollar and we just let it laps. But now we're back in this region trying to create dollar supremacy. Is that what we're doing? I hang a question mark over because we're certainly hurting ourselves. It doesn't make it. There's not a lot of logic in it. That's the plan. You got to understand it's about hurting ourselves.
Starting point is 00:49:21 It's just like our educational system is not about educating kids. It's about deliberately dumbing them down. These plans that Trump has out there are really about. harming America, I believe. It's part of a great reset. And unfortunately, I agree with you and something that, I mean, you and I've been talking about this for years. It gets worse, progressively worse. Each quarter, each quarter, each financial quarter, it looks less and less reasonable. There's less and less logic in it. And so the only thing you can point to is that there's a controlled demolition of the American financial system going
Starting point is 00:49:53 on. Anybody could clearly see, like, what we could have done in the last two years, where we could be economically, there was a lot of opportunities for growth. There was a lot of, I mean, we, again, it's the tragedy of all of this is the, is the stab in the back. It's the betrayal of everyday voters and, you know, people that are grassroots and people that put Donald Trump in office a second time, by the way, which unprecedented. Like, a lot of history has happened. And unfortunately, it's happened, and it's been detrimental to the American experiment. And, to the American people, now to the world. So dangerous times, I think that's why the underlying wisdom in the financial sector right now is the debasement trade.
Starting point is 00:50:41 I don't know if you've heard that term, it's gold, silver, Bitcoin. That's the debasement trade. It's just, you know, infinite printing of currency, the ever expanding worldwide debt, not just the 40 trillion, which is, you know, not counting the unfunded liabilities of the United States. States. So just 40 trillion. But you're looking at like 350, 360 trillion worldwide. And it's expanding rapidly. It's, it's, it's reaching that, uh, that critical mass stage where there, that's what the great reset is all about. So we're, we're in an interesting time. So the debasement trade is what I study. And, uh, you know, you don't have to be a genius to figure out
Starting point is 00:51:21 that finite limited resources that hold value are going to be infinite, uh, fake resources that are put into the system. I think in an expanding rate, the likes of which we've never seen before. I mean, that's the thesis of the big print from Larry LaPard. I think I've read his book. I think it's spot on. Eventually, regardless of rates or what the feds function,
Starting point is 00:51:50 and they want to keep inflation around 2%. Well, that's crazy. It's way outpace that. We're so far removed from any sort of. of like sane fiscal policy. So they can talk about raising rates all they want. They can't. Not really.
Starting point is 00:52:06 Not any significant way. So there will come this intervention. And that's what I think is on the horizon. So regardless of the prices of, you know, gold and silver or Bitcoin or something, I don't even watch that mostly unless there's a, I mean, when there's a downturn, I think it's great because I buy more inventory because I think, you know, I'm not going to lose this, by the way. I'm not going to five years from now, we're not going to look back and go, well, you know, we lost all that equity in gold. It's not going to happen. It's not like going to.
Starting point is 00:52:36 Because I lost all that equity in the dollar is what we lost. That's exactly right. Yeah. It is truly amazing. And when you look at, as you point out, it's the printing. And the Austrian economists, and of course, that's what Meez is focused on here. They'll always tell you that inflation is always the money supply and the printing of it. And this is what they say about. They said, you know, it takes a while for this stuff to show up. You know, it's like the tariffs, right?
Starting point is 00:53:01 We all said the tariffs are going to be passed on. Well, they weren't passed on immediately, you know, the same day. It takes a while for it to work its way through the system. The same thing is true of this massive increase in the money supply. They point out, they said the absence of monetary inflation, rising prices in some areas will require falling prices in other areas. And yeah, we're seeing massive right away the increases, even though even the increases of the pump were delayed a bit because there was a lot of oil that was already in transit that was
Starting point is 00:53:31 already on the water being brought to places. It took a while to see that didn't go up exactly the same day. But it said only in the presence of a growing monetary supply can there be a general increase in prices. And that is what we're seeing now. Even as energy prices are rising thanks to Trump's wars and his trade barriers, we continue to see rising prices in most other areas as well, including food, real estate, even apparel. This is made possible by relentlessly rising money supply, this engineered by the Federal Reserve and, of course, by Scott Bessent. And that is really the Austrian perspective of this. And when you look at everybody trading on the increase of the lowering of interest rates by a quarter of a percent or something like that,
Starting point is 00:54:16 that is not a meaningful policy, as you just point out. And they can't make any meaningful changes in terms of fighting inflation by raising the interest rates because the debt is too big with a $40 trillion debt. As you pointed out, they don't have the kind of flexibility of Paul Volcker debt. So they can't really do anything like that. It shouldn't really affect anything when they talk about what they're going to do with the interest rates. But it's just like they trade on Trump's pronouncements about his victories with Iran.
Starting point is 00:54:46 It's all pure fantasy. And I think they know that. And I think they use those pronouncements, those headlines and, oh, look, he changed interest rate by a quarter percent one way or the other. They use that to manipulate the markets and to manipulate the people who participate in the markets. I think that's really the only significance of that stuff. I think so, too. It's vulture capitalism, not venture capitalists.
Starting point is 00:55:08 It's vulture capitalists and just making money or making currency. I don't know what we even have. We call it money anymore. But they're just skimming the market through these insider deals that don't create anything. If you go back to the movie Wall Street in the 80s made by Oliver Stone, there's a character called Gordon Gecko, you know, and Michael Douglas plays Gordon Gecko, and greed is good. And he says something in that movie that if you follow the logic of the Wall Street types,
Starting point is 00:55:37 he's like, I don't make anything. I own. I create nothing. I own. That's what he keeps saying. And I thought about that for years. Like you create nothing. And that's what this is.
Starting point is 00:55:48 There's not a creation of anything. So while you're watching the headlines of what? but the Fed may do or a quarter interest rate, whatever it is, 25 basis points and all that insider stuff to skim the reactions. It's not about making anything. Meanwhile, what you should be looking at is, oh, the Netherlands is moving their gold out of the United States. Oh, the French are moving their gold out of the United States.
Starting point is 00:56:09 Oh, and again, like Russia is putting 100 tons of gold in Hong Kong. Like all where is the, where's the wealth flowing? Mm-hmm. And where is the, because that's going to give you the snapshot on what happens tomorrow or for a year from now, which is really important. All this other stuff is short term nothingness. It has nothing to do with production. And I think that's the sickness of where that's, you know, the other aspect of having a fiat currency. And we, and you can see the timeline when we went off the gold standard.
Starting point is 00:56:40 And you know this by better than anybody. We went off the gold standard. We still had that remnants and muscle memory of creating. some sort of fiscal stability. Like there was for a long time people in Congress, the presidency, whenever there was a run for their office,
Starting point is 00:56:58 it was always talking about fiscal responsibility and doing something about the debt. When we reached about 2010, nobody talked about it anymore. Like there wasn't, after that last wave where John Boehner was elected to the House, and there was a few things about Obamacare
Starting point is 00:57:15 and some budget back and forth, and there was the birth of the TV. party and then you just never heard anybody talk about besides Thomas Massey or somebody you know like but it wasn't in the popular lexicon it wasn't in our our discourse yeah we just do whatever we want right it's it's like Trump said about his personal corruption he said I was really very careful the first time then I realized nobody really cares so it's just in your face corruption grifting and and graft all the time from this guy and and it's just like I like the term that you use muscle memory. It really is like that, isn't it? It's like, well, you know, we really can't do
Starting point is 00:57:53 this. Can we? Oh, well, why do you say we can't do it? Of course, we can do whatever we want to. We can get away with it, too. Yeah, it's something like, you know, akin to the French encyclopedist when they came out like the during the Enlightenment. And, you know, none of them would, would dare leave, you know, Christian values, but they didn't want to be Christian. You know, they, and they, I think it was Will Durant that wrote, they lived in a shadow over shadow. So we're in like a multifaceted shadow of our, you know, our ancestors and people that built the United States as the manufacturing marvel of mankind, this financial powerhouse. And we don't even talk about fiscal responsibility anymore.
Starting point is 00:58:32 And we don't talk about the deficits. We don't talk about the consequences of that because it's too hard. It's the exactitude. You know, you have to, then you'd have to be rational. I absolutely agree. We have to talk about math. We've got to take a quick break here at the top of the hour. We're going to come back.
Starting point is 00:58:45 And when we come back, Tony, I want to talk a little bit about what's going on in states like Missouri and Texas in terms of making moves toward gold and silver as legal tender, because I think that's a very important issue, and it underscores what you've been saying. We'll be right back, folks. Using free speech to free minds. It's the David Knight Show. All right, welcome back, and we have Tony Arterman of Wise Wolf Gold with us, and of course, you can get to Tony through David Knight.
Starting point is 01:01:09 Not Gold. We've got some questions here for Tony. Hatchcar 61 says a question for Tony, or rather his comment on the recent bill passed in Missouri, making gold and silver legal tender. I've heard there's lots of other good provisions in it as well. What do you know about that, Tony? What do you think about that? Well, I've been paying attention to that and what's happened in Texas.
Starting point is 01:01:28 And, of course, it was set to go into law, I think, in the last couple of weeks. And so I think both these are very positive moves, especially, I think, Texas, too, because they've made it to where, you know, businesses, can accept golden silver you don't have to but gold and silver are legal tender i i believe the missouri bill is very similar uh and i think this is so positive uh just going back to a system where you recognize that gold and silver are money legally in the legal system i think sets a lot of precedents that are all positive um you know you know from a standpoint of like my own business i've worked out like how how could i help people and especially if you're a small
Starting point is 01:02:09 business, I'm thinking, well, if you want to take gold and silver's payment, you're going to have to figure out how to verify it. That's the one thing about, you know, gold and silver being in this business for as long as I've been in it. I realize, like, there's a lot of great fake golden silver coins that come out of places like China. There's some stuff that'll fool the tester because it has enough, you know, actual metal on it, you know, not to draw a magnet and to pass inspection. So I've had to be really careful over the years and we've been, thank goodness, we've been very successful at keeping the fake out of the system. So I think that will be a little bit of a drawback having, it's your small business. If you're operating in that sphere and you want to take gold and silver's
Starting point is 01:02:54 payment, you probably will need a third party verification source if you're not skilled in it. Like I would be like, I can tell if, I know I've been in this so long, David, and I, this is my life. So if you hand me a coin, generally know if it's real, if you put it in my hand. Sometimes I can, as I have people come in and they'll put stuff on the counter and I'll just look at it. I go, oh, that's not real. I'm so sorry. And they're like, oh, it's not. You know, a lot of the, it's the markings or the texture and I don't know, just the way that the fakes look.
Starting point is 01:03:23 But they've got some really good fakes now. So I think all that's positive, setting precedents, getting that into the minds of everyday people. That's the key, I think. Yeah. Yeah, you don't have to ride the Fiat train. You know, we've gone a long way, haven't we, from the situation where it's taxed as a, like, like his jewelry or collectible or something like that. Then they started changing that.
Starting point is 01:03:46 And now we have states, they're enacting legal tender laws. And that was what Senator Nicer was trying to do here in Tennessee. And, you know, unfortunately, I don't know what the status is of that anymore now that he's gone. But that is, there are a lot of different states that are working on that. But we've seen that right there in your backyard. in Texas and in Missouri. And like you said, I think that's a positive thing. If people realize that, you know, gold has value and it can be used for these transactions
Starting point is 01:04:13 and people start to work out the nuts and bolts of it. And, of course, you offer the goldbacks, which is an excellent way. If you're small independent merchant, you can look up with the app that they've got there. You can see exactly what that is worth based on the current price and dollars of gold. So if you want to try to bridge that gold to fee. system there. You've got that app that'll give you what that current fiat value, Viat dollar value of the actual gold thing that you're holding in your hand, which is like a physical piece of paper, but it's much more than just a physical piece of paper. It's got a
Starting point is 01:04:52 certain amount of gold embedded into it. I love gold packs. I think that's one of those items that's come along in the last five, six years that is more and more. More, used by people, which I think is very positive. We carry them. I sell a lot of goldbacks. I got on Goldbacks radar. They actually sent a rep down to talk about who is this guy? Because I put Goldbacks into the Wolfpack. We've got, you know, we've got 13, 1400 members. It was a wolf pack. Yeah. Yeah, we love Goldback. Great company. And I think in five years, we'll have even more businesses and individuals taking them because it makes a stable physical currency. You can just go by their metrics. It's very easy to verify them. It'd be hard to fake them the way that they feel. There's a certain
Starting point is 01:05:39 elasticity to gold the way you can spread. That's why gold is such a special element. And that's one of the reason you can make it thin. You can make it into those, you know, actual notes. You have a certain amount of meltable gold. You can eat it. You can eat it. A lot of people think there's the health benefits to it. I haven't consumed. I don't know about that. I saw the deconance. benefit of it. I remember years and years ago there was some French restaurant and they would put this real thin layer of gold on the top
Starting point is 01:06:11 of like this chocolate cake thing that they had and people were eating. I thought what in the world? I guess that's when you when you're so ridiculously wealthy you know, you do that type. Maybe that's what Trump and Lutnik do. I don't know. Well, people have thought that
Starting point is 01:06:27 there's health benefits to it and they perhaps are right. I think colloidal silver is another aspect of using medals for health, and we saw that, especially during, during COVID-1984. So, no, I think all that stuff is positive for, you know, the states. And it's interesting, you mentioned the timeline. I mean, you go back to 2019, nobody was talking about this. I mean, the reason that I put a shop in Missouri instead of our, I have land in Arkansas, as I put it across the border in Branson, because Missouri didn't have a sales tax on gold or silver bullion, but Arkansas did. And of course, you couldn't, I mean,
Starting point is 01:07:01 nobody's going to open a golden silver shop that just might have to pay, you know, sales tax on a $2,000 item. It's not going to happen. So there was no gold and silver shop. But Arkansas repealed that. And then they're working on gold and silver as legal tender as well. So a lot of things have accelerated on the timeline, I think mainly because of what happened in 2020. And then debasement.
Starting point is 01:07:24 I mean, you talk about metrics. We used to talk about this, but nobody says it anymore. But 80% of all the dollars ever created. were created in 2020 to like 2022. So it's just like in the couple of years, we made more dollars than it had ever been made. And it's not up in a record amount now, you know. And your growth is just under 10%.
Starting point is 01:07:44 It's crazy what's happening. Even after that. Yeah. It's, I think that's what's giving rise to it. We're at the beginning of something. And I think it's positive that a lot of this stuff is happening. Even in our strangely controlled, you know,
Starting point is 01:08:00 political system. of the duopoly of the right left. And we know what they agree on. They love the national security state. They love their surveillance state. They love both parties. And they love endless wars and all the rest of that. And the entitlement systems,
Starting point is 01:08:18 they either want to want to do anything to downgrade that. But sometimes you get a win. So, hey, I'll take it. Missouri gave us legal tender, gold, and silver, Texas. And because there are a few that will benefit from this, you know, and that's fine. You know, I don't mind if somebody benefits for freedom, you know, that's fine. If there's going to be large institutions that benefit from, you know, the passage of what the Fiat system was and whatever it's going to become to back to a metallic system, which I think that will be, it'll do more for freedom and liberty, the people going back to using gold and. silver than almost any political decisions we could have made in the last 50 years.
Starting point is 01:09:03 I agree. Guard Goldsmith, though, Liberty Conspiracy's got a comment here, Tony. He says, the Texas move is a little bit slippery because the gold and silver have to be deposited in the state's repository. Then the state issues digital cards to use, so the government can manipulate the value and hide the amount in storage. Yeah, that's an aspect of it, too, that I've talked about. And, you know, there was a time not too long ago, the last couple years where,
Starting point is 01:09:29 Texas tried to create their own gold digital currency. And that failed. But then it's gone to the depository system. So the guards absolutely right. I would never do that. What they're talking about is, you know, you deposit with the state. And then the state will, you know, you have an open account and you can use a debit card against that. It's not something that I want to entertain for myself or my customers or, you know, again, I don't like the state getting involved.
Starting point is 01:09:59 in monetary issues or holding or anything like that. But I do think that the aspect of using it as legal tender, and there are some provisions in there, that it's not all gold and silver. They don't recognize like foreign coins. That's something that's interesting. They do recognize just generics, though, which I thought was, I didn't understand that.
Starting point is 01:10:24 But they do recognize like just private minted silver rounds, but not like an Austrian Philharmonic, which I thought was interesting. But no, guard is right, though. And it's something that, you know, there always is, again, that's the, somebody's going to benefit. It's not just like for the people, you know,
Starting point is 01:10:40 that's not, it's not the reason we get these deals. We also got Hatchcar, 61, says the Missouri bill makes it illegal for the state to help the feds in confiscating any precious metal. That's a big plus there. Huge. And they understand, I think,
Starting point is 01:10:55 what the fed's it coming from? history we hope doesn't repeat itself but they confiscate everything they can get their hands on but you'd have to think like if this you couldn't do 1933 again i mean this was a this is a different country um in the american people who are in some ways a lot smarter in 1933 a lot more i think well read and versed in history sadder but wiser yes they were they were they were wiser in so many ways, but there was a loyalty to the governance and the way that the system worked. And a trust. And a trust.
Starting point is 01:11:33 Right. There was a trust. No. I don't think that if you, if you, if you, if you, if you, if you, if you, there was an edict today, something like akin to Franklin Roosevelt's executive order in 1933. I think people, there'll be some, but there'd be the, the bulk of them would just say, yeah, whatever, you know, like, I don't think it would, I don't think it would happen that way. And I don't see it happening.
Starting point is 01:11:54 that way because then the government would have to recognize that gold is a superior money and they're just not going to do that in this system that's right and then of course the experience of the war on drugs how is that drug confiscation working out for you oh yeah you talk about price like on the world market if the united states did that especially with everything that we've done to weaponize the dollar i mean it was the the series of events um which not work out like they did in 33, not at all. That's right. Got another comment here. This is from DG8. He said, David, Tony brings
Starting point is 01:12:30 up a valid point. Does he think we should only buy eagles and maple leaves? Or are rounds still a good thing to use as currency? I like all of them. You know, you pay a little bit more for eagles on the premiums. If you just, if your goal is to
Starting point is 01:12:46 like almost never sell them, then buy Eagles, you know. I buy a lot of Canadian stuff. It's North American, you know. I buy a lot of Canadian products, especially for IRAs. I think they're long-term holdings and things that are that are good for just paying less premium holding long-term. But anything is good. I mean, if you can get verifiable silver or gold, you know, something from a recognizable place, look at what the spot price is and get a good deal. I mean, I don't, I don't differentiate
Starting point is 01:13:16 and don't discriminate between, you know, gold and silver bullion 99% of the time. And that's just me. I have a ton of different holdings. So it depends on what you like. Good advice. Yeah. We'll close on this one, I guess. Gold at 15,000. This is a Kitko article. I imagine you saw. Is it a fantasy, a forecast, or a warning? And they point out, you know, if you want to look at the dollar price of gold, you should start not with gold, but you should look at the dollar. You know, because what we're talking about is you mentioned so many times. It's not that gold is changing value. It's that the dollar changes value. And we can see that in terms of experiments that people
Starting point is 01:13:56 have looked at going back a century. You know, how much did it cost to buy this, this and this, and then go to Europe and so forth, the same amount of gold approximately. And you can look at so many different items and you can see that gold retains its value. But as he says, you know, what would it really take to get to $15,000? He said, well, it's really not that much if you start to think about something over a period of three to five years or something. He said across 10 years, it'd have to actually go up about 13%. And he says, and you think about what's happened with gold in terms of reaction to the current situation that's there. That's not much of a stretch, is it?
Starting point is 01:14:35 No, it's not. I mean, there's two things happening at once. If you look at the, what you've got to do is look at the market cap of gold. Okay, it's like $3 trillion or something like that. It's compared to the world financial market, which is hundreds of trillions. It doesn't make any sense that the actual money is such a small number. I mean, Bitcoin, I think, is $1.2 trillion or something like that.
Starting point is 01:15:00 Silver's probably like to. And, of course, that was always the argument for Bitcoin as well. We're going to have a finite supply of it. And so that is why the value is going to increase relative to the dollar, which they're constantly making more of that, you know, growing it right now at about a 10% rate. So that's not happening with any of these alternatives. and I think Bitcoin helped to kind of drive that understanding home to the general public.
Starting point is 01:15:26 But gold is the real deal, I think. Well, you're right. I mean, I don't know where the dollar amount is going to go to denominating in the price. I just on a long enough timeline, you know, what is it? Gold has no top because fiat has no bottom. I mean, that's where we are. I mean, you're really trying to measure something. that has intrinsic value and historical value, thousands of years of understanding,
Starting point is 01:15:54 embedded in human understanding and history versus what happened in 1971, you know, and what's happened since. So, you know, I'm going to bet on history. I'm going to bet on thousands of years of gold being money against something that is just recently in the, in the spectrum of time in the last 50 plus years, you know, dominated the world's financial system and is clearly wrecking itself. I mean, we weaponized the dollar and it's been detrimental to us more than anybody else and the new systems that are being built. That's what I focus on. And, you know, when the world, and by the way, all these other countries have a massive incentive for gold to go up because they need to re-value all of their currencies. That's right. All that. So it's not
Starting point is 01:16:40 just the U.S. So, you know, long term, who knows, I've heard some crazy price predictions. And maybe if there was no Bitcoin or other alternatives that gold would, I'm sure, would be even higher right now. And there's a lot of fake out there. There's a lot of things that, you know, we talk about the vulture capitalism and just trading on things that are short term. We're very myopic and very short term here in the West, whereas the East and you can see what they're building that infrastructure, whether it's Belt and Road or whether it's the new way to trade metals in the monetary system. It's all eastward. It's not happening here, unfortunately. Yeah, we just don't build anything anymore.
Starting point is 01:17:19 I mean, we don't, you know, a Hoover Dam or something like that. And we don't even do that with our institutions, our structures either. Well, tell us a little bit about what's happening at Wise Wolf. You know, are you building anything there right now? Oh, well, you know, it's funny every week. I think I'm going to have like new promotion and then the weeks pass. And then I'm just, I'm just maintaining right now. Yeah.
Starting point is 01:17:39 I think that's the wisest thing to do, Wise Wolf right now, is just see what tomorrow, brings. We have a great customer base with Wolfpack and so many of your listeners. And I mean, it's one of the great privileges of what I get to do is pick out all the stuff that I put in these packages and we ship them out of our Branson location. And we've got thousands of people that just love it. So like we've had thousands of five star reviews and I really appreciate it. So it's, I'm going to keep that rolling as long as I can. And we've kept the supply chains open and we've got our physical locations and I don't know I'm right now I'm just kind of buffering and see what's next I haven't launched any new projects but I think of you know the next couple three weeks or
Starting point is 01:18:23 times that I see you will have something new on promotions but you can always go to david knight dot gold and uh promo code David or promo code 1776 you can get you some free constitutional silver that's great and again I think wolf pack is one of the most innovative things I've seen out there it is a great thing is a win-win situation you get um the buyer group discount, and you also have a way to gradually save over a period of time. We're going to take a quick break, and we'll be right back. You're listening to the David Knight Show. Here's a little song I wrote.
Starting point is 01:19:53 You might want to hear it in your pod. You'll owe nothing. Be happy. Ain't got no cash. Ain't got no car, but 24 booster shots in your arm. Oh, nothing. You can't even buy shit in the store because of your low social credit score. Oh, nothing.
Starting point is 01:20:27 Be happy. Oh, nothing. Be and eat the bugs. Well, that is what we're kind of seeing from Trump when it comes to gas stuff. Yeah, just be happy and eat the price increase. After claiming in April that gas prices had likely peaked, Energy Secretary Chris Wright told CNN on Sunday he didn't want to, quote, have an opinion on gas prices.
Starting point is 01:21:05 Why wouldn't the Energy Secretary have an opinion? And as a matter of fact, Hatchcar 61 said, well, is that 105 such a joke? What happens when the Strategic Petroleum Reserve runs out? Yeah, you might, maybe he has an opinion about that that he doesn't want to say, because what would happen if he told us really what he thinks? We're seeing that over and over again from the people in the Trump regime.
Starting point is 01:21:28 As a matter of fact, there was report that many of the people had privately told reporters that nobody even tries to convince Trump anymore. He's going to do whatever he wants. He won't listen to advice. I immediately thought about all the many warnings that we have in the Bible. Again, Trump being Jewish, he doesn't read the Old Testament either. And of course, you go back and read Proverbs and talk, you know, the fact that a lot of counselors, there is wisdom, but we fail when we just decide we're going to go it alone, to paraphrase what they're saying. But that's the truth.
Starting point is 01:22:05 That's one of the reasons why I think he is such a desperate failure on all this. But again, this is Reason Magazine said, well, other members of the president's candidate don't believe that the U.S. is even at war. And if there's anybody that ought to have an opinion about what's going on with gas prices, it ought to be the energy secretary, right? J.D. Vance told reporters that he wouldn't even call it a war. That's right. I'm not going to call it a war because we don't want to hand out benefits to the people who go and die for Israel. Yeah, it's not a war at all, right?
Starting point is 01:22:41 Scott Bessent found a new scapegoat in Ukraine accusing them of creating upward price pressure on a global basis by attacking Russian energy infrastructure. Bessent ignores the U.S.'s own attacks on energy infrastructure in Iran and the tit-for-tat strikes that have come to define the recent months of the conflict. Higher gas prices are a direct consequence of Trump's war in Iran, writes reason. As the president himself concedes, the sooner the war ends, the quicker the prices will drop. He knows exactly what he's doing. And yet he blames big oil. Says big oil is profiting. Well, who is profiting from this?
Starting point is 01:23:20 Trump's oil investments have gained him millions of dollars during the Iran war, as his accounts keep trading. again, it's not even counting his manipulation of the stock market that he's done, which has gotten to such a bad level that even his teleprompter operator was caught insider trading. He knows how Trump is manipulating the market. He knows what's going to happen when Trump makes these statements. You don't think that Trump knows when he makes those statements what's going to happen? Throughout the first six months of fighting, Trump's aggressively traded energy stocks. His nine largest oil and gas holdings gained approximately $1.5 to $4.5 million, according to an analysis.
Starting point is 01:24:04 And that's what these guys are truly about. It's all about making money, isn't it? Hoy, ho, amigos. It's your favorite commerce secretary here to give you an update on the situation ship with Iran. And I am happy to report record profits for ExxonMobil, Chevron, and Raytheon. maybe a little bit too much profit. The trick to a good war is not to quickly win, because where's the fun in that? The money is not in successful wars. It's in endless wars.
Starting point is 01:24:37 We'll bomb the shit out of Muslim countries, then open up our borders and let in pissed off refugees from said countries so we can enact new counterterrorism laws and put cameras up everywhere. Funny how that works. But don't worry, this isn't Iraq. This is not a Paul Bremer situation, or so I've been told. But what do I know? I'm just a guy who narrowly escaped 9-11, made millions
Starting point is 01:25:00 off it, while the families of my dead employees received almost nothing. Well, I guess I'll just chill out some more, enjoy the fresh air and sun while you rot away in your cubicle somewhere. Remember, you never saw me. Nutlick, out. Again, that pretty much summarizes the, not only Lutnik, but also summarizes the Trump regime, I think, pretty well. As a matter of fact, yeah, they're making lots of profits to the oil companies. Maybe a little bit too much profit, he said. Chevron, Conoco, Conoco Phillips, Exxon Mobile, Kinder Morgan, Marathon Petroleum, Filippe, Phillips 66, Valero Energy, and Williams companies were stocks that Trump owned, and they have gone up significantly. He blames big oil,
Starting point is 01:25:49 but then he buys their stocks and he profits from them. A typical Democrat. That isn't New York City Democrat. It always reminds me of what Dave Chappelle, the comedian, said about Trump. He said, yeah, this guy will come out of their meetings and he'll say to the public. You won't believe what these guys are planning to do. And he'll tell you the truth about that. Then he'll go back in and he'll join them, right? That's what he does.
Starting point is 01:26:12 So neither Trump nor any member of his family, said the White House spokesperson, and has any ability to direct influence or provide input regarding how his portfolio is invested or when the investments are bought or sold. That is not true, quite frankly, because, folks, he does not have a blind trust. He is the only president since the 1970s that has not put his assets in a blind trust. What they do would typically, they would liquidate everything that he has, put it into management by a third party that he has absolutely no involvement with whatsoever. Trump did not do that.
Starting point is 01:26:52 This White House spokesperson is telling you another lie. What Trump did was not a blind trust. He put his assets into a revocable trust, which means that he can revoke it at any point that he wants. And the people who are the trustees in it, who are running it, are his sons. And so, yes, the Trump family is very much involved in this. And he is in communication with him. and it is not blind at all.
Starting point is 01:27:20 They know exactly where these things are going to go. It is a classic case of conflict of interest and corruption. These filings are the latest example of Trump holding a multimillion dollar financial stake in industries that are directly affected by his administration's military and diplomatic decisions. And, of course, he timed them very precisely. You have the CEO of Crew, the Citizens for Responsibility and Ethics in Washington, said when a president can move a market to a few, decisions and personally benefits from the result.
Starting point is 01:27:52 The public is left wondering where national policy ends and where private financial interest begins. And it's just not, it's not that he's even making a policy decision. He's out there making pronouncements about, okay, well, now the war is over and we've won, and we're going to pull back and we're going to have peace, and then the market reacts to that, and then he comes back in and does war. He's manipulating it up and down and up and down, and they went back and they looked at his investments and their time.
Starting point is 01:28:18 for that as well. Yeah, you've got the Trump oil investments have gained millions during the Iran war. You have Trump's foreign licensing businesses have boomed to $60 million as golf developers pay up. You have Trump buying as much as $5 million in Axon stock before ICE bought, set up a $220 million taser deal. And then you have Trump calling it, it calls banking a Ponzi scheme. and says that it forces family to create a crypto business. Well, actually, Ponsie scheme, it caused them to create their own bank. Eric was saying when he went to the Arab countries, he said,
Starting point is 01:29:01 banks are going to be gone in 10 years. And what are they going to have in place of that? They're going to have the kind of structures with USD1, with stable coin, and the charter that the Trump family got for a bank. That's what they're going to have to replace the regular banks. And you want to talk about a Ponzi scheme? How about the fact that Trump family got about six, $500 million from a crypto venture leaving all of the suckers who bought their meme coins
Starting point is 01:29:25 with massive losses. So, yes, the Trump family says the U.S. dollar needs an upgrade, and they're the ones who are going to do it. Yeah, they'll make it the Trump dollar, won't they? Trump made profits from his oil industry holdings as he publicly blasted Exxon and Chevron by name for making too much money based on the shortage. I don't like it. He said Chevron too much money. Exxon Mobil, too much money. They're going to give some of that back to the public. And they better cut the retail price,
Starting point is 01:29:56 the consumer price. Yeah. And yet he is the one who profits from it. You pay $101 billion more just in energy prices. And then he makes tens of millions off of it. A discretionary count is a smokescreen. It is not a blind trust. Someone else might be executing the trades, but Trump still knows that he is heavily invested in energy. He likely knows where his money is parked and would still see the upside when his administration's actions send those energy stocks climbing. If his teleprompter operator can do insider trading,
Starting point is 01:30:31 what do you think his sons can do? The timing of sales is equally striking. On April 7th, the Trump investment account reported selling between $500,000 and a million dollars in Exxon shares a little more than two and a half hours after the market closed. Trump announced a two-week ceasefire with Iran. Exxon then opened more than 6% lower the next morning. So you look at the amount of money that he made off of that,
Starting point is 01:30:56 significant, between $35,000 and $70,000. Democrat staff on the Congressional Joint Economic Committee estimated in August report the Trump's broader oil and gas portfolio had increased in value by as much as $15.5 million this year. while we pay $101 billion more for the fuel that we consume. And that's not counting all the other knock-on effects of it. That's not accounting the massive monetary inflation that is happening because of the increase in the monetary supply.
Starting point is 01:31:29 That is the real issue, as I said when we're talking to Tony. It's not the interest rates that are out there. It's what they're doing to increase the monetary supply. The nine energy companies in Trump's portfolio reported a combined 47, billion dollars in second quarter profit three times the amount that they had the previous year yeah it's been very good business for them hasn't it as matter of fact as hatch car said oil was at 105 narrowway narrow gate ministry says well got up to $123 last night i'd not seen that but there you go it's how rapidly things can change it is absolutely the economy is not on fire like uh larry like
Starting point is 01:32:10 Howard Lutnik said, no, it is a dumpster fire. And we know who lit the fire, don't we? So Epstein-N-Sus, Trump wasn't anywhere near ground zero. Probably not. But isn't it interesting when you look at all the people around him, whether you're talking about Lucky Lutnik or were you talking about Rudy Giuliani, the people that have profited from this, the people who were in the case of Rudy Giuliani, certainly, I think, culpable for the deaths of many, many, many people and the long-term debilitating illnesses that people had. Who did more damage? Was it Rudy or the people who did the controlled demolition? Interesting question, isn't it? The Houthis, meanwhile, are attacking Saudi Arabia as they've got fires and oil facilities
Starting point is 01:33:00 and wound 73 people. You know, we need to stop all this stuff about drain the swamp, don't we? They never did any of that. The reality is we've got this quagmire. and it's getting deeper and it is spreading all the time. Maybe the motto of the Maga people should change from drain the swamp to leave the quagmire. Or maybe the slough of despond, I guess is where we are with this war. It is insane.
Starting point is 01:33:29 Refining bottlenecks now are emerging as the next big oil problem. As the Middle East flares up yet again, American drivers just paid the highest Labor Day gas prices ever seen. Iran-aligned group is now attacking refining assets. And this is also what is happening again with Ukraine and Russia. They're destroying each other's infrastructure. Trump is doing that on a global basis. Just with the Strait of Hormuz, he's destroying global infrastructure. And as they continue to escalate the attacks,
Starting point is 01:34:00 if Trump goes after Kargai Island, you can expect to see all the refining and storage areas going up in fire in the Middle East. Drone and missile attacks launched by the Iran. Ron backed Huthies on refineries and oil infrastructure in Saudi Arabia have aggravated, long brewing problems with the supply of Middle East oil products, further refinery constraints in Russia and in China have added to the bottleneck of refined products. Yeah, China is saying, we're not going to put our stuff on the market. We're going to just keep it here internally.
Starting point is 01:34:31 And so all of this is to stop Iran's nukes. Is it? Is it really? Well, you know, why don't we take a look at it? North Korea, as I said before. The West actually is powerless to track North Korea's hidden nuclear network as a secret uranium factory has now been revealed. And this is an inspector from the IAEA, the International Atomic Energy Agency. You know, we look at this. Iran was complying with all this stuff before the attack. Now, after the attack, you think they're going to comply
Starting point is 01:35:04 with any nuclear inspection? You think they're going to go full speed ahead to try to develop their own nukes, of course. This is the kind of blowback that we get with these types of policies. You're actually going to intensify their efforts to create a nuclear weapon, and you're not going to be able to control it, just like you couldn't control North Korea. And while we're talking about North Korea, I've mentioned this before, this whole idea that we can win wars with air power and massive bombing. That is not true at all. Robert Pape has exposed that myth of American foreign policy and military policy out of the Pentagon. And he pointed out, you know, when you look at the Korean War, we basically reduced North Korea to rubble to a Gaza-like state. And yet, that still wasn't enough to win the war.
Starting point is 01:35:55 What are you going to do to win a war? You can't do it just by bombing them into oblivion. A bombshell report from the IAEA pieced together the images with Intel from preemptive. previous inspections to reveal a new nuke factory. And of course, Kim Jong-un through nuclear inspectors out in 2009. And yet, you know, Trump says he likes him. We don't have a war with North Korea over these nukes. Why are we having a war with Iran?
Starting point is 01:36:24 And that is another lesson for Iran. They see, well, even North Korea reaches this kind of a detente, if you will, with Trump because of nuclear weapons. We need to have nuclear weapons. Everybody's going to come to that conclusion. The Saudis have come to that conclusion as well, but Trump is going to help them to get a nuclear weapon. We don't know where these latest sites are located. North Korea has done a great job at concealing them. You don't think that Iran can do that as well. So again, they said that, Kim said the new nuke factory is built to offer the possibility of carrying out larger plans, whatever those are, he plows millions into his nuclear program despite running one of the poorest nations in the world.
Starting point is 01:37:08 This is another example of why Trump's saying, you're going to bring them to their knees economically? No. You can't bring North Korea to their knees by a bombing campaign. If you can't bring North Korea to their knees by a poverty program, it's not going to work. As a matter of fact, I recorded yesterday an interview with, I've had on in the past, David Beto from the independent review. And he's got an article talking about a Swiss canton system and the benefits of it,
Starting point is 01:37:39 especially in regards to perhaps a kind of governmental solution for what's going on with Israel and Palestine. And he teamed up with a guy who actually has in the worst of the worst areas. I mean, this is an area that had had some of the biggest violence during the first Intifada. and what happened after that? They had people come together and based on mainly mutual economic benefits. So this is one of the reasons why what Trump is doing is so dangerous.
Starting point is 01:38:11 You know, wars began with sanctions in many cases. And that was one of the things that brought Japan into World War II was the sanctions against them and taking their oil and that type of thing. But what these people did, they said, well, we don't want to, we don't, at the grassroots, they don't want to war, right? it's always at the top that people do wars. And so the Jewish people that were living there, and this one guy in particular that I talked to, helped us set up a organization. And I thought it was interesting to talk to him
Starting point is 01:38:40 because if you can have a situation where the people at the bottom, we always talk about how all politics is local. I really do believe that. That has been a Democrat strength to understand that, and it's been a Republican weakness to not understand that. But all politics is local. And you can have an effect even in a situation like Israel, where you've got the Jews
Starting point is 01:39:05 living alongside the Muslims that are there, even there, they were able to find some common ground to the extent that as everything was ramping up everywhere else, and they're not that far away from the Green Line where all the Gaza violence is and everything, they were still able to put together a system that was going to allow them to not only live peacefully together, but also to thrive. And to start to see each other as fellow human beings instead of one master race that is going to dictate to another people. So I thought it was very interesting to talk to him.
Starting point is 01:39:39 We're going to have that tomorrow as well as more updates, more reports about going back and looking at all the many different signs and anomalies of 9-11. So make sure you catch the show tomorrow. I think it's going to be very interesting. Iran, meanwhile, has captured a U.S. Marine. It's not a manned sub. It's an unmaned sub. This is a kind of sub that they're using to clear mines, to help to clear minds, I should say. They, I think, identify it with these subs. They're kind of like underwater drones, if you will, and they identify it. And then they have
Starting point is 01:40:16 Navy SEALs go out and take it from there. Still a very dangerous job, but it helps to mitigate that somewhat. They attach explosives to them and then blow them up. But in this type of situation, the Iranians, of course, always happens in war. They captured one of these things. And some people say, well, they're going to reverse engineer. They're going to see the big board here. I may they'll see the circuit board is not the big board from Dr. Strangelove. This is something that was created by Andrewil. Now, the Pentagon downplays this and said, well, it's outdated technology. You think that's true? You think Andrew Lansom has been in business that long?
Starting point is 01:40:55 This is Lucky Palmer's company, again, a Peter Thiel company, and they haven't been in business that long, so it's not that outdated. But it has become a testing ground, the Strait of Hormuz, for these new technologies. That's one of the reasons why we have these endless wars, because the military industrial complex wants to have these testing grounds. They did that in Vietnam. They did that with the harm missiles and other things like that that they were developing. That's one of the things that's really insidious about this is the profit motivation and the fact that they're more than willing to put American lives and, of course, the lives of the people who live in these countries that we attack. But everybody's lives at danger so they can test their equipment in real world environment. So Trump claimed falsely August the 25th that the U.S. had cleaned up all the minds.
Starting point is 01:41:48 in the waterway. We'll see about that. I don't believe a word that he has to say. But when you look at what is happening with these Peter Thiel-funded companies moving rapidly into becoming the new military industrial complex, that's one example of it. There's also another defense startup that is going to be building factories in the U.S. Germany and Israel, of course. And it's a company that is an Israeli company. They call themselves Covenant and they are developing a weapon system that they call Anthem, which is a deep strike munition thing. This is supposed to be a cheaper replacement for the Tomahawk missiles. They want to be able to make them more cheaply and to make them more quickly because we've got to have a lot of these things, right? We're going to be going into World War II.
Starting point is 01:42:40 So let's find a way where we can ramp up production and who cares about cost anyway. But it is cheaper, so they can try to sell it a little bit along those lines. But they're saying, yeah, with these Tomahawk cruise missiles, we've pretty much depleted our supply of them. And the company that makes them can only do about 60 of them a year. And so what they did was they gave them billions of dollars, tens of billions of dollars, and said, ramp it up. So they're going to ramp up production of that. Meanwhile, they have have this new company, Covenant, relentlessly focused on two things, low cost and high producibility. That's what we need. We need to make it cheaper and more easy to kill massive numbers
Starting point is 01:43:28 of people. But isn't there laws saying that the military has to buy from American companies, or does it just have to be produced in America? It's, uh, remember back when the military industrial complex was filled with Americans war profiteering. That's right. It was always a key part of it. As a matter of fact, when I went to work for Texas Instruments in 1980, they were pushing me to get into some of these military things because they had to hire American engineers. And so we had all these, the engineers that they were hired that were Asian, they had to work on consumer electronics, which I thought was kind of ironic because the consumer electronics thing was moving far faster and was far more competitive than what you saw on the military
Starting point is 01:44:11 side. I mean, I really considered that to be the state-of-the-art stuff. But yeah, they would even have American engineers. But I guess now, Lance, we've got Israel owns America pretty clearly. And we have now merged the military. This is one of the reasons this is happening. I guess we've now merged the military and the intelligence community so that there's no distinction being made, at least not by the Trump administration between Israel and the United States. I also wonder if they have less strict regulations about manufacturing in Israel than they have over here. Yeah, who knows? Well, again, Raytheon was the one who's making tomahawks, and they weren't able to make more than 60 a year. So the Pentagon gave them $23 billion and said, step it up.
Starting point is 01:44:56 And they said, well, we're going to make a thousand of these things a year. We'll see what happens with that. But it is the low-cost ability to produce these things at scale that they are selling. And you know when I look at this, I always, I read these things, I always think about the group Chicago. And the song they had, while the city sleeps, men, are scheming new ways to kill us and tell us dirty lies. That's pretty much the summation of this stuff. They nailed it in just one verse of the song. Covenants backers include Peter Thiel's Founders Fund. Also, some backing from Andresa and Horowitz is always the usual suspects and criminals, isn't it?
Starting point is 01:45:37 As well as an Israeli venture capital firm called Aleph, who has its co-founder and partner is Michael Eisenberg, an advisor to Netanyahu on Gaza and on the U.S. You know, how can we destroy both Gaza and the U.S. at the same time? As a matter of fact, when we look at this, we now got Binkavir, not a day goes by, but this guy doesn't show up in the news in terms of something horrific. They have worked very hard to try to get past the PR disaster that they have followed with the attack and the genocide in Gaza, they have spent $730 million. They increased their budget from $7.3 million.
Starting point is 01:46:24 Over three years, they went up by a factor of $100. In 26, Israel's government budgeted $730 million to keep itself the victim in the American mind. A year earlier, the budget was $150 million. dollars. Israel's budget book calls the money campaigns to change what the world thinks of Israel. Anyone paid by a foreign government to influence Americans must register with the United States Justice Department and report what they were paid. Within a month, between late August and late September 2025, four American companies registered as working for Israel. Every one of them was paid from an advertising office in Frankfurt, Germany, hired by the Israeli government. In California,
Starting point is 01:47:11 a political consultant was paid to put ads in front of churchgoers. In Washington, D.C., a two-man firm was paid to hire influencers. In Virginia, a firm was paid to run ads on X, the platform that used to be Twitter. In Ohio, the man who ran Donald Trump's first re-election campaign was paid to make videos aimed at young Americans. Brad Parscale. At the end of March, 26, the four had received more than $27 million of Israel's money. one buyer, the government of Israel.
Starting point is 01:47:44 Israel's objective is simple. Keep Israel the victim in the American mind. Turn the real victims, the Palestinians, into the villains. Young Americans are turning away from Israel, and Israel's own church plan is built to fight it. The plan was to follow them into the pew with one message. The people being bombed are the danger, and the people bombing them are under attack.
Starting point is 01:48:07 Once that holds, the rest follows without a flinch. American weapons keep shipping to Israel. At the United Nations Security Council, the American veto keeps falling to protect Israel. More than 50 vetoes over 50 years. American diplomatic cover for Israel never lifts. That is what the money is for. That's right.
Starting point is 01:48:29 And where is it running through? As he points out, it's going through the Christian churches, many of them. And Brad Parskell, who is one of the point men in terms of getting this money, as I've reported in the past, He is also heavily connected in, I forget his exact position, but he is one of the controllers of the Salem Radio Network, which is the biggest network of Christian broadcasting that is out there. It really disgust me to see this happening with Christians.
Starting point is 01:48:58 They should, of all people, have the discernment to push back against an immoral war, but they don't. And no matter how much money Israel spends, you have this monster Ben-Gavir, keep surfacing. And he's come up again saying, pack your suitcases. He's got a plan to empty Gaza, which is really the ultimate issue of Zionism, especially revisionist Zionism, which is what Ben-Govir and Netanyahu represent. Now, Netanyahu is with the Lakud party. He, Ben-Govir, is in the government.
Starting point is 01:49:38 He is the national security minister for this Netanyahu government. But they have an unlimited number of political parties. Many of them are very, very obscure. But they have a tremendous number of political parties. And so you win an election, maybe you get 40% of the vote. And you have to put a coalition together to get past the 50% vote. Well, Ben Guevier is with another political party. He's not with Lakoud.
Starting point is 01:50:04 He's with a political party called Jewish Pabir. That pretty much says it all, doesn't it? That is the idea of revisionism, revisionist Zionism in a nutshell. We will take whatever we want. It is the ethics, if you want to call it ethics. I put that in air quotes. The ethics of the Israeli settlers. Show up with a gun, put it in your face and say,
Starting point is 01:50:26 get out of here, I'm going to kill you. That is what revisionist Zionism is about. It's nothing other than criminal terrorism, murder, theft. And so he's chairman, as a matter of fact, of the political party called Jewish power. He unveiled what he called Disengagement 710, a policy blueprint for what he calls the voluntary migration of Gaza residents to countries willing to take them. Destinations floated by his party, including Turkey, unspecified Arab states, Ethiopia, Congo, maybe Somalia. The plan foresees the departure of about 250,000 people in the first year, 1.1 million. within three years and nearly two million within seven.
Starting point is 01:51:11 Jewish power wants the next government to create a dedicated ministry for, quote, voluntary migration. That's pretty cynical, isn't it? With a minister, a director general in its own budget, an international negotiating team, and an implementation apparatus. So as they continue to tell you that they're not just creating this long, prolonged war of attacks on civilians because of genocide. No, it's not about eliminating all the people there so that you can scare the remaining ones out,
Starting point is 01:51:43 which is really what the official definition of genocide is. It's where the word was coined. It's what the Turks did to the Armenian Christians. We're going to run you out of this territory. We don't want any of you here, and that's exactly what they're doing. Ben-Gabir vows to make this new ministry a coalition demand after Israel's election coming up the end of October. Instead of illusions of peace now, he said we need actions of emigration. Instead of them digging tunnels, it's time for them to pack their suitcases.
Starting point is 01:52:17 Well, all of this really comes out at exactly the same time that we saw reports released by several different sources. As a matter of fact, a former Israeli prime minister corroborated these reports that reported in a Jewish newspaper saying that Netanyahu had 10. days' advance notice of what was going to be happening on October the 7th. That he was told this by both the UAE as well as Egypt were telling him what was going to happen and he chose to ignore it. It was a passive false flag folks and they killed a lot of their own people. Israelis later release footage of dozens of strikes. On Israeli television, pilots admitted it was difficult to distinguish gunmen from Israeli
Starting point is 01:53:05 civilians. I'm in one of the gifers, I'm saying, I'm gonna make sure there's chattofing. And then what are doing? How do you're doing from here who's who chivalryl? It's a problem.
Starting point is 01:53:19 And it's a dilemma super-mortive. I want to give you one year to hear you. Any minute to talk. Yeah. Any minute. Without guidance,
Starting point is 01:53:30 pilots say they join local WhatsApp groups to identify targets. The idea that pilots have to get information from WhatsApp groups is truly remarkable. It's a sign of the initiative that people are looking for any way that they can get the information. At the same time, this is an outrage. I mean, what kind of a way is that to fight a modern war? Well, that's the way you'd fight a war if you don't care how many of your, even your own people you kill?
Starting point is 01:54:04 The Israeli newspaper, Yiddhiott Aronaut, says that at midday, the army issues a version of what is known as the Hannibal Directive. So we prefer that soldiers be killed rather than taken alive. The Hannibal Directive is the result of previous humiliations where Israel handed over hundreds of Palestinian prisoners in return for the release of one Israeli soldier. In such a result of a great of a crime. In such a case, the preferred outcome was that a soldier be killed, not that a soldier be taken captive.
Starting point is 01:54:43 On October 7, it seems the Hannibal Directive may have been revived and applied even to civilian hostages. The Air Force operated during those hours under an instruction to prevent movement from Gaza into Israel and return from Israel into Gaza. 70 vehicles were hit at least in some of the cases everyone in the vehicle was killed the Israeli military does not deny the report
Starting point is 01:55:11 as a matter of fact I guess we can say the hannibal directive is the elephant in the room of the gaza genocide isn't it and so we see that we see what ben-gavir is doing we see the massive amounts of money that they're throwing at all these protestant evangelicals who are throwing christ away and worshipping Israel and it's not just the churches either. They're running this thing through many news outlets as well. Here's an example. Thank you very much. I am Katrina Zish, and that is your Israel update, brought to you by La POM.
Starting point is 01:55:47 Yeah, brought to you by who? I'm Katrina Zish, and that is your Israel update brought to you by La POM. This is Newsmax. All right, Jody Cohen, thank you so much. I'm Katrina Zish, and that is your Israel update, brought to you by La POM. Yeah, you get the idea. Brought to you by Pfizer, right? Well, all these warriors have been brought to you by these Zionists.
Starting point is 01:56:09 As a matter of fact, you go back to a Trafficant, who was an American congressman, very controversial. But he said this back in 2009. Is it democracy and is our ally? Yes, they are. Explain to me what you see as, you know, why you target or why you have a grudge against the Israelis. The grudge is not necessarily a grudge. It's an objective assessment that no one will have. have the courage to speak about.
Starting point is 01:56:35 This may be you don't want to hear, I don't know. And I certainly don't want to hurt you on your show. You have one of the best. You're fair. But I believe that Israel has a powerful, stranglehold on the American government. They control both members of
Starting point is 01:56:51 the House, the House and the Senate. They have us involved in wars of which we have little or no interest. Our children are coming back in body bags. Our nation is bankrupt over these wars. And if you open your mouth you get targeted and if they don't beat you at the poll they'll put you in present they're controlling much of our foreign policy they're influencing much of our domestic policy
Starting point is 01:57:14 Wolfowitz's under secretary defense manipulated President Bush number two back into Iraq they push definitely definitely to try and get Bush before he left to move into Iran we're conducting expansionist policy of Israel and everybody's a friend to say it. They control much of the media. They control much of the commerce of the country. And they control powerfully both bodies of the Congress. They own the Congress. Are you an anti-Semite? No, I'm not. That's exactly what they're going to say. We have a one-sided foreign policy in the Mideast, and we've alienated Arabs who have no way of fighting. So what they've done, and I predicted this on the House floor, is they would export violence to America.
Starting point is 01:58:00 And they have, they have no other way to fight. I'm saying this to you right now. Israel gets approximately $15 billion a year from the American taxpayers. That $15 billion is $30,000 for every man, woman, and child. People in my district are losing their pension benefits. That's right. How long, much longer are we going to be suckers in this thing? Are we ever going to wake up? Well, tomorrow we're going to talk about 9-11. And as you look at the articles when this is people are talking about this,
Starting point is 01:58:36 we've got a lawyer in Gaza said, well, we lived. through all this idea in 2014 that we're going to transport everybody out. Israel said Gaza would not be rebuilt, but then under international pressure with UN supervision, it was forced to comply. If the far right government is removed, there might be a beginning, a glimmer on the horizon, a better political reality for people here. If Palestinians also insist on rebuilding political, social, and economic life. Well, that's one of the reasons why I wanted to talk to the person that I interviewed yesterday
Starting point is 01:59:06 that you'll be seeing tomorrow. The bottom line is I said, well, I certainly hope this thing can work. And he goes, no, it is working. It is working now. You know, even with people like Netanyahu and Ben Gavir in charge there, even with people like Hamas on the other side, even with people like Donald Trump, we can start to change these things at a local level. We don't have to wait for the permission on high to do this.
Starting point is 01:59:34 We can do this ourselves. And so we're going to be back tomorrow and we're going to cover some of the 9-11 news. And by the way, I just want to put in a plug for the home product store. If you go to our website, hopefully we'll have it up this afternoon. We haven't put it up there. But they've got some great organic things, organic molasses and many other innovative natural products. Thank you for joining us. The Common Man.
Starting point is 02:00:14 They created Common Core at Dumbank. 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. 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 Davidnightshow.com. Thank you for listening.
Starting point is 02:01:06 Thank you for sharing. If you can't support us financially, please keep us in your prayers. The Davidnightshow.com.

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