The David Knight Show - Treasury Report Shows The STABLECOIN CONSPIRACY

Episode Date: May 1, 2025

Tony Arterburn, DavidKnight.gold, joins    The most recent Treasury report projects explosive growth for stablecoins over the next 3 years — and why not since they’ll be used to soak up treasury bonds and repos.  It’s a public-private partnership Trojan horse designed to track your every move and make everything a government-granted “privilege”     With trade wars, supply chain shocks, and currency manipulation on the horizon, gold and silver remain as true safe havens.Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Tony is now Tony Erdemann of Wise Wolf Gold. And of course you can get there by going to DavidNight.Gold. I'll let Tony know that you came through us. It's been a really amazing week yet again. Every week we say this, but every week there's been a lot of movement back and forth in the medals as well as in the economy. What's on your mind, Tony, as you look at the developments this week? Well, the IMF just put out a statement that the world economic order is going through a reset,

so newsflash there. The IMF is broadcasting that. Yeah, the monetary system is being reset for sure. There's open questions. The way I look at the news, I'm sure is similar to the way you look at the news. It's not really the headlines, it's the underlying language and meaning behind them. I noticed that there's two opposing things here in these headlines with gold. You have Chinese investors, it's like a record-breaking first quarter. They were like 23 tons of gold for Chinese investors, but the Chinese government just sold off a million ounces. It's like almost a record high for sell-offs. It's

profit-taking, but I hang a question mark over it, David, because we have some trade tensions, whatever that I'm putting this in quotes trade negotiation tensions that have been laxed I'm wondering if there's some sort of again I have no no uh confirmation of this but I'm asking I'm wondering if there is some sort of quid pro quo to take the the accelerator off this uh this gold price and the Chinese are helping with that. Gold prices continuing to show the weakness of the dollar, which is catastrophic for the US system. I wonder if there's some sort of, hey, you know, take some profit, you're up, you know, gosh, started, you

know, buying gold in the early part of the 21st century in massive quantities for the Chinese. I wonder if they're taking a little profit and helping the US dollar out? Just an open question. Yeah, they don't want to have a weak dollar because that makes our exports cheaper and everything. Trump is trying to weaken the dollars we've talked about before. Not only is he raising taxes of the terrorists, but he's also weakening the dollar. And that's the game that they've always played as part

of the Chinese price is currency manipulation so they're well aware of how to do it and they're well aware that they can do it to the US dollar as well. You know Scott Bessent talked about how he wants to new Bretton Woods and everything and so you know absolutely the restructure of the financial system is on the table and you have to look at this and wonder how is it going to roll out? and and I mentioned earlier that you know tether is Talking about how they are already the largest exporter of US dollars and I think we've talked about this or we said well one way that they can bypass

Obstruction from said, well, one way that they can bypass obstruction from foreign governments that don't want to buy into the dollar is to go directly to the individuals in those countries. And now they're saying that openly, that that is their intention to do that with a stable coin. They will set up a stable coin that transacts in U dollars. And of course, the stable coin will also buy the treasury bills that the foreign governments don't want anymore. So it'd be a way of selling the American debt to foreign individuals if you can't get the foreign countries to buy it. Color me skeptical on that working out very well for anyone.

You know, a public-private partnership in some way using the dollar in a stablecoin setting, that may sound good on paper. I don't know how that would translate. I think there's too many moving parts for it to work on an international scale. Um, and I don't think it was designed for that. And this is talking about government to private business, uh, or to, well, it's assumed private entity. So that there's all sorts of pitfalls there. And it may be, I keep looking at it the same way you do, David.

It's like the stable coins are an outlier in the crypto world and is seemingly more and more adoption by governments, at least working with them or looking for regulation or how to implement them in conjunction with their own currencies. And that's really alarming, I think you look at something like the US dollar where the back door for central bank digital currency is you and I have, I think, I think we're right about this, that it, uh, that is the platform. That's the path is to use these, uh, seemingly innocuous, um, uh, coins that are in the crypto sphere to usher in a central bank digital currency.

And you can just say hands off. Well, we're not, this isn't coming from the Fed necessarily. It's just mirroring the currency of the Fed. There's, there's too many, there's, there's too many red flags for me to even remotely be supportive of something like this. I don't see it working out well. I, you know, it's, I don't see it working out well. I don't see it working out well for investors

and I don't see it working out well for those who use the US dollar. I keep asking why, why would they do it? Oh yeah, absolutely. I think that it is their stealth way of doing a CBDC and I've said that from the beginning. Now we've got a treasury report that just came out and the treasury report says that they think that stablecoins are on track for a $2 trillion market cap by 2028.

And they say that right now it's about 230, okay? So you're looking at a factor of 10, tenfold in just the next three years. And this is the U.S. Treasury, and they're talking about this in terms of how they're gonna get rid of their Treasury bills But at the same time coin Telegraph is talking about the fact Well, you know, this has been we've been a big exporter of dollars with these staple coins But now we're looking at using them domestically and they said and we're talking to law enforcement about that I mean everything is lining up there, Tony, that this is the public-private partnership for a digital currency. They just won't call it

a central bank digital currency, but it'll be the same function except that they'll get rich off of it. You know, the Trump people and Lutnik and all the rest of these people get rich off of it, but it is shaping up to have the same functions. That was a big red flag when Joe Biden was saying, yeah, we're gonna have a central bank digital currency. And so first of all, let's figure out how we're gonna redesign the financial system, how we're gonna write the code.

And then we need to talk to law enforcement about this and how they're going to force me. And so now you've got coin telegraph, how they're talking about. So now they're having talks as to how they are going to, it says collaborate with law enforcement in terms of putting out Tether. And this is the company that Lutnik had so much involvement in.

He supposedly has now stepped away from it and divested himself. But yeah, right. You know, whatever. I mean, to me, it's just a rapid escalation toward a CBDC. That's what it looks like. I concur with that. One of the things that would make me even more skeptical is like you just mentioned, the market cap. Let's think about that.

You're talking about an eventual $2 trillion dollar market cap in a currency that inherently has no value. That's what so Bitcoin's market cap goes up when the price goes up because there is a finite amount of Bitcoin. So even if you don't like Bitcoin, you have to recognize that if a Bitcoin sells for a higher price, the market cap continues to rise. So it's about, I think it's 1.7 trillion right now for Bitcoin. I could be wrong. It's right around there. And silver is probably like 1.5 trillion, but silver price and market cap fluctuate. So what would it entail? A 10X market cap increase for a stable coin that inherently has no value really, but the, was it just the increase in its own money supply?

Is that what it is or it's holdings of treasuries again, but not in the entire- I think it's holding of treasuries. Yeah. Yeah. I mean, they create these treasuries, they print the dollars, it's all fiat, it's all but, you know, so they just roll this in. It's just kind of another, it's just another kind of, uh, you know, derivative really on the U S dollar is what they're talking about.

But I mean, it looks like they're really seriously moving towards this. When you got treasury reports talking about that. Amazing. It's not stable if it's tied to the dollar and treasury bills, it's not stable. It's not a coin, of course, either. None of these things are coins, but I think this is how Bugsy Siegel sold Las Vegas. Um, they just kept selling, kept selling the, uh, the stock and, um, you

know, ways to invest in oversold it. That's, that's nothing new under the sun. That sounds to me. I've heard this movie. I've seen this movie before. I've heard this story. Oh yeah. Yeah.

So we've seen gold, uh, with some profit taking and that type of stuff, massive stuff as you point out in China. So it was up over 35, right? Was the high that it got to. Now it's down what? Around in the 3,300 somewhere. Yeah. As of right now, it's 3,226 LBN, Luciferian, Bankster notes per troyant. And I think that is mostly profit taking. Something stalled out, but I don't see as trending. I don't see like a big sell-off anytime soon, David. I think there's some profit taking of the World Gold Council pointed out,

even this first investors, not just governments, but investors are running towards physical gold. And of course, the big chunks of that are, they think they're buying physical gold, they're buying ETFs. But I noticed another factor there that was interesting is that jewelry demand was down in the first quarter. It's just a lot of people buying physical bullion and investors, but the price of gold

is going up so high that jewelry is being put on the back burner for purchases. People may be waiting for prices to come down or sell-offs or something like that. I don't think they're going to see a... Once we've crossed 3,000, David, I think that we're going to be there for a while and then it's upwards and onwards at that. I'm seeing an increase in urban gold mining. You hit these prices, people start looking around for scrap gold. It's worth selling, especially if you paid for a big price for some jewelry at one time,

maybe 10, 15 years ago. You're certainly going to get your money back at this point. Yeah. Yeah. Well, I think a lot of this, again again is hinging off of Trump's actions and and it's so Unstable that of course that's created some some instability even for something like gold, but I think fundamentals are nothing has changed It's just like what we said in anticipation after Trump was elected. Everybody was like, oh, that's it

It's over for gold. So everybody's gonna move towards towards Bitcoin now I don't think that's gonna be the case but what we're seeing is as he's starting to retrench from some of this stuff it's starting to have an effect on some of the markets but I think that people are gonna realize that he's not really gonna retrench from that much of it and when the consequences of what are going to be happening with essentially sanctions now being enacted on the United States from China, that has yet to be felt, as I was talking about the other day. But it takes 30 to 45 days for the goods that would be in transit from China to get here.

So we haven't felt the effect of that yet. And we're going to be feeling that not too far in the future. Once that starts to happen, it's just like once they start creating inflation by printing money up, sometimes they can't stop it, you know? It's like, okay, that's enough, let's pull it back and then it's got a thing of it, it's on its own. I think that's going to be the case with the economy in general. So that's why I think fundamentals have not really changed, no matter how many times Trump changes the tariffs, as long as he keeps them on, it's still going to be playing havoc on the supply chain and on the economy. And I think it's going to be reflected

in that. Yeah, the trajectory for de-dollarization is all still there, David. And you're right, I mean, the fundamentals for, and the underlying causations for a weaker dollar and the decline of the dollar are all right there, and those are increasing. The debt is increasing, the liabilities are increasing, and then the usage of the dollar is decreasing at the same time. So those are not good outliers and signposts on the road ahead for the United States monetary system and for the dollar itself. The world is moving away from that. In my opinion, gold has already supplanted the dollar, and I've said that before. I already think it's the world's reserve of currency this time. It's just using, it's in name only

using other currency for cross-border payments, but not holding them. You know, I will remind, you know, your audience as I remind mine is that the number two held asset by central banks is gold. It used to be the euro and gold was way down. It was, you know, other currencies. But since 2021 in Basel, Switzerland, when Basel III, when they redid the Bank of International Settlements to put gold as a tier one asset instead of a tier three asset, the central bank started hoarding gold and that's happening. And again, you look at the dumping of treasuries by the

Chinese. They used to be the biggest buyer. Now they're the biggest seller. These trends continue. They're going to continue. And you can have like we can come week to week and this week we're not talking about an all time high in gold, which is unusual for us. Because after the, you know, going into this, you know, the election, after the, after inauguration day, it started, you know, this trend started to reverse where crypto went down and like you mentioned, gold and silver went back up. But we're still at $3200 plus dollars an ounce for gold, which, you know, if I think if you told us a couple of years ago what that price would be, that'd be pretty shocking. Yeah.

Now it's just normal. And I think you're going to continue to see there's going to be profit taking and other things. But the fundamentals and underlying issues, what's wrong with our currency, whether they build a lifeboat and some stablecoin and, you know, dress it up and try to repackage it, it doesn't really matter. It's, you know, the trend is moving away from the dollar worldwide. We're going to see these prices are going to increase in gold. I don't know what the number is going to be, but it'll be higher. I agree. Yeah. When you look at this report that came out from the Treasury, I mean, they

said in their report that Stablecoin promises to create, quote, a new financial market infrastructure. I mean, they're pretty much saying that they're putting all their eggs into that basket. They said Stablecoin collateral reportedly consists of either Treasury bills or Treasury-backed repurchase agreements. The repo market. I mean, they can even throw their repo stuff in there, Tony, because that's how they get to $2 trillion. Remember when that was happening? We were talking about that in the fall of 2019? You know, they're throwing in massive amounts of fiat currency equivalent to the gross domestic product of Switzerland, you know, in just one transaction.

And so now they can do that into the stablecoin thing. They can throw in the T-bills, they can throw in the repo stuff, it's all their garbage going into this derivative, right, that they call a stablecoin. And it'll be interesting to see what happens. See that's the thing. I look at this stuff and like I said, privacy is priceless. And we know that they're going to restructure the financial system. I mean, we know we don't want to be a part of it.

It's going to have, you know, they're working with law enforcement now to track everything that people got. They're going to have new functions of smart contracts and other things like that that are going to be the way that they can apply these central bank digital currency operations to you to stop you from buying something, to monitor everything that you're buying, and on and on. So all those functions of CBDC are there. The lack of privacy and financial transactions is there. And to me, that is the key of trying to get outside of all that stuff.

Well, I agree. And you look at the economic conditions too, are right for them to introduce this, this is a crisis and then, you know, the crisis needs a solution. They bring that in as problem reaction solution. And I think that's, that's what they're waiting for. And it's maybe a, perhaps you could use the term control demolition, kind of a building seven scenario for the US currency. It's not good. You know, if they, you mentioned earlier this week on the show, I caught a segment where you were talking about how it actually would be better. I mean, we better off in the long term if we weren't the world's reserve currency, because it would,

the leverage that the ruling class has over us with this to get us into wars, to expand the welfare state and the police state and the surveillance state, it's seemingly un… and pay people off and bribe people and all the rest, it's pure evil and they've gotten away with it for so long, but if you had to be fiscally responsible and even remotely fiscally responsible, you had to be fiscally responsible and even remotely fiscally responsible, a lot of those things are curtailed. And I agree with that. There'd be some short-term pain, but long-term that would be we'd be better off because we're in this fix because of unlimited, seemingly unlimited currency creation, but they can't go on forever. I mean, the mathematics, I think we're just reaching a tipping point.

And you know, it's, uh, if you're in my business, it's like all the time and the sky is falling. But so on one day it is, I mean, if you're a gold bug, you start looking at these, like, how does the U S economy survive this? It's like, Oh, eight or Oh nine. How do we survive TARP and bailing out banks and well, we survived it for a while, but those wounds, those things are still there. There are still, you know, hundreds of zombie corporations and things that are left over

from that. We still, we never recovered from 08, 09. It's just the expansion of the money supply and the debt are ever increasing. Like you mentioned, you know, this is going back to 2019, last quarter, the repo markets that we talked about, six trillion in the overnights that were just out of thin air, that's leading up to COVID-1984. Remember that? And so it's burned in my mind because I was watching it very closely. We're in a different world now though. I mean, the debt has exploded and now the geopolitical tensions are there, trade issues, all that. You're right though, at the end of the day,

that's economic, but at the end of the day, why do we talk about gold and silver and crypto every week here on the show is to talk about privacy and how you can be outside of the system. And fortunately for us in this country, we still have the ability to take fake fiat dollars and turn them into actual real money. You can hold that in your hand and you can become your own bank. You can be in charge of your own financial destiny, especially in charge of

your own privacy as well. Yeah, it's always, you know, their geopolitics and what they want to do even domestically is always tied together with all of this, you know, the financial aspects of it, of course. And it's going to be a real painful situation, but we would be better off without the dollar, without our government being able to just print up dollars out of thin air and never have to be accountable for it. We're the only country that can do that. And that's been our superpower. And because we've used that as a superpower, and we've used it as a weapon,

now we've got a lot of enemies who are looking at how they can take down our financial system. And, you know, they're all working to do that. And it shouldn't be that hard, quite frankly. And then you've got people inside the Trump administration, like Eric Trump, who went to Dubai, and he's speaking to all of these crypto conferences and everything. What he's telling people, he says, there's not going to be any private banks in 10 years. Sounds just like Joe Biden and the CBDC stuff.

But it's going to be their stable coin, I think, that's going to be out there to do that. It's the same outcome. Yeah, exactly. Different team the same outcome. Yeah, exactly. Different team, same outcome, same goals. You know, it's a freedom city versus a 15 minute city. Yeah. Same thing.

Um, yeah, that that's what we're up against. And you know, it's interesting because I do it's at least I, until I changed my mind, I'm still, uh, an advocate of, of Bitcoin and I, my company deals in Bitcoin and we have a way to, uh, to go back and forth out of metals and my company deals in Bitcoin and we have a way to to go back and forth out of metals and you know vice versa so I'm still watching that really closely and I think it's a good technology but I like diversification but most importantly I like decentralization and more centralized these things become or the proposals for centralization of tokens,

the more I will oppose it. I don't see the need for it. I mean, there's so many cryptocurrencies. And see, that's the thing that Eric Trump is trying to sell that. He says, yeah, we got to get into DeFi. Well, that's not decentralized. It's just changing who controls it, really. Because what he's talking about is with his scheme of the world liberty thing,

which is you've got a lot of these closely held, centrally controlled currencies that they want to put into in charge of this stuff. And then they want to call it decentralized finance. And so he's talking about something that's different from Bitcoin or some of these other cryptocurrencies. They're talking about when he talked about his Bitcoin reserve, Trump was mentioning some pretty small, closely held transactional cryptocurrencies, very centralized control. So we're not talking about, to call it DeFi is a lie, it's a misnomer. It's just going to be that you're going to have a different group of people controlling it centrally.

Well, right. And with the Bitcoin network itself, it's never meant to have, it never was meant to be what that's going on right now with these ETFs. And I noticed that even with the dips and the price stagnation, because 108,000 for Bitcoin after the on Inauguration Day and his dips since then and his went down and I think into the high 70s and then we stayed in the mid 80s for a while. But company like Michael Saylor continues to accumulate and BlackRock continues to accumulate Larry Fink from BlackRock and it's you know, if you're in the Bitcoin space that people

talk about Larry Fink like he's helping you and I don't see it that way I think he's I think he's telling you something he's always he's always telegraphed a very weird things to me especially like when BlackRock starts buying up all the residential housing into the same time Larry Fink would say stuff like we in the financial sector can can alter behavior, like financial policies can alter social behavior. And I think that's a clear message from him, but he said something about Bitcoin

that I didn't think they got the wrong kind of attention. He said that at the World Economic Forum, he said that Bitcoin would hit 700,000. He said this a couple of different times. And if you do the calculations, that means that basically Bitcoin would be on parity with the market cap of gold. And I'm not exactly sure how that plays out or what that means for somebody like BlackRock or the, I mean, I look at all the different companies that hold these

things now, but it's accumulation. And so there's a disproportional holding of Bitcoin by these large institutions. To me, it's great short term for the price, but I'm not sure that the price is going to be worth it. There's going to be something that they do with Bitcoin. And I'm floating this out there. I'm long-term for Bitcoin, but I think there's something they're going to be something that they do with Bitcoin. And I'm just, I'm floating this out there. I'm long-term for Bitcoin, but I think there's something they're going to do. And I, when you're paying attention to the language of somebody like Larry Fink, so that, that is the, the hijacking of a coin, in my opinion, because he's telling you it's kind of like Babe Ruth pointing towards the, not even like that, because Ruth had to actually hit the ball. I think

there's something with that message. This is the kind of when he says things like that, I pay attention because I'm like, that's not for me, it's not about the price. It's about what are your intentions for that price. So there's something else going on with the stable coins and the move towards centralization. that's what we have to oppose. Things that should always be decentralized in order to have any sort of sovereignty. And the whole purpose and philosophy behind Bitcoin was to be decentralized. So, when you start hearing them talk about more centralization, be skeptical. Yeah, when they label things as DeFi or just as crypto or whatever,

you know, you have to be discerning to understand the difference between these different things. Let's talk a little bit about gold and silver, and you know, you have some that see silver coming up. Look at this unbelievable ratio that's there, but the World Bank now says, you know, they're moving away from their position that silver is going to rise up. They're saying, no, it looks like it's going to be gold. And you've got on Kitco and other places, you've got multiple people out there, some of them saying, well, I think if we keep going down the road the way the economy is going,

I think you're going to see $4,000 gold pretty soon. You've got Clem Chambers saying a supply chain shock could send gold to $10,000 an ounce. What do you think is going to happen with a supply chain shock that is on its way? It's just a couple of weeks offshore before getting here. The supply chain shock is going to hit from the earthquake on the LA coast and start coming across. What do you think that's going, how's that going to affect gold? Well, I think it will because it'll have

an immediate impact on the economy and outlook. And you know how everything works. It's mostly psychological. It's sometimes the, it's like the tariffs, they weren't even implemented. And you see these weird swings that are back and forth and oh, Trump's gonna put this on, it's gonna put it at 50 percent now it's 25 and the market whipsaw so it's mostly psychological it's not even based off of reality I think that gold will and I happen to I happen

to agree with that assessment from the World Bank at least in the short term because I think gold because governments use it as a monetary metal. And, you know, I read you a little bit of that article about investors, you know, breaking records with gold this last quarter. So I think short-term gold is going to be way up, and it's the fear, uncertainty, and doubt. It's where people go. Silver is also a monetary metal, but there's so much that the underlying manipulation and uses by things such as the military industrial complex and the accumulation by multinationals, I think it's pretty apparent. For you to, I'm looking at the price right now, David, on the screen in real time, it's almost exactly 100. It's almost exactly 100 ounces of silver to make an ounce of gold.

That ratio historically, if you know anything about the history of metals, is so bizarre. It's so disproportional and it won't last forever. If you're long on investment, I can't think of a better way to house your fiat currency right now than silver. If you're long on the market, because regardless, you have to, the metrics of silver, it's 200 plus million ounces, million ounces of deficits a year. That means that everything that was mined brought in, and both by the way, most of the mining of silver is not because somebody went out and started a silver mine. Those are minorities. What's happening is it's an ancillary mining product.

People are going to look for copper, they're going to look for zinc, they're looking for gold, and they'll get silver and also mine that. So it's not even profitable for a lot of these companies that do specialize in getting silver out of the ground. Geologically, by the way, I'll just add this, geologically it's estimated that in the ground it's 17 to 1. So just geologically it's 17 to 1. I think that's why we in the US here we had about 16 to 1 on set by the founding fathers in our monetary system

And then generally it's been 10 to 20 to one So name me another Commodity whose all-time high was 45 years ago. You can't yeah, I don't know one silver is definitely long-term For somebody who if you're looking and you again It's long-term because a lot of people have been saying this for years that silver is going to explode I'm not telling you that I'm not telling you silver is going to explode I

think those are irresponsible things to do because you don't know what the price is going to be I just know that based on what's happening to the dollar and again it's not hit its all-time high for 45 years I know somebody told me well it hit $50 in 2010 I'm like I know but it's all- its all time high for 45 years. I know somebody told me, well, it hit $50 in 2010. I'm like, I know, but it's all time high was $52 and 50 cents. And that was 1980. I'm well aware of 2010 and 2010. Once that happens again, and it's not coming back down.

So, um, I think that we're looking at some, a breakout sooner than later, but it's long-term, you know, it's going to be short-term gold, long-term silver, in my opinion. Yeah, and when we talk short-term, I think everybody was so concerned about what's going to happen to the tariffs and the volatility of what's going to happen to the economy. I think once this supply chain stuff starts, the reality of these tariffs starts sinking in, I think that's going to be, I think it's going to affect gold just like it did with the the talk about what was going to happen with gold. I think that I don't, you know, I have no

idea, put a dollar figure on it like that guy said $10,000 and else, but I think it's going to be positive for gold once people start seeing the damage for the supply chain. Now the other side of that I guess is going to be when it goes into recession. What's typically happened in a recession? Do people try to sell off their gold, take a profit off of that because they've got to have the money? That's usually what happens. We've seen in extreme market downturns that there will be a liquidation because a lot of times big investors too will hold gold as a way to hedge against inflation, because gold is so liquid,

when they see a market downturn, and the advice of the boss childs was to buy when there's blood in the streets, and when there's a market downturn, there's a recession and prices are down, and people are liquidating their assets, a lot of people will get out of gold and into stocks or businesses and buy on the cheap. But what happens is because of the monetary system damage, a lot of people start going

back into gold. So there's a temporary, usually a temporary sell off, at least that's what I've seen historically, a temporary sell off and then it starts to gain against the system. So gold starts showing its housing of value as a safe haven, but it just basically comes, it recedes and then it comes back. That's what I've seen. I don't know though David, we're in a weird time where I don't think history may show us the way here. Because of the massive de-dollarization. I just keep using that term because it's really striking to me that the economic system worldwide, even the IMF, it's resetting.

Of course it is. We've been saying this for years, it's resetting. I think the demand for gold by governments is unprecedented, by private institutions is unprecedented. Um, we're seeing that we're seeing a real shift globally. So it's hard to say exactly what would happen, but that's what's happened historically. Yeah.

Well, you know, when I look at it, I think it's only one stable coin. That's going to be gold and silver or whatever. Right. Uh, but especially gold that they want to talk about a stable coin. That's it. The rest of the, except no substitutes. No frauds You know this stuff is that they're gonna throw all their garbage t-bills and repo Stuff and that's not gonna be a stable thing. I don't I don't know it's crazy

but you know, they're gonna use all their their powers to try to make that operate and and I think we're gonna be seeing a Upcoming situation not just trade wars, but also currency wars and all the rest of this financial stuff. Hopefully we don't get into a real shooting war because that's how the shooting wars began with that kind of stuff. Tell us a little bit about what's going on at Wise Wolf. Well the weekly mission is to find supply. Strange times. I notice that we've got a lull in the silver market right now. You're probably, you know, if you're not in my business, you don't see it because we provide

everybody with the metals. I'm starting to see some shortages and one ounce silver rounds and generic things like that, at least for variety. So that's, that's piqued my interest. And it's probably because of the prices. They, you know, things that we talked about with silver, I think there's probably some, somebody's buying, right? So about with silver, I think there's probably some, somebody's buying, right? So it's a, it's accumulation by larger entities, most likely. So I'm just keeping that supply chain open. That's my, that's been my mission. We've got the, the Texas physical location, Missouri physical location. I'm going to be heading back up to Branson today. So I'll be up there checking on my shop and doing some inventory.

We got some great specials and things going on. You know, we've been talking to people, especially with the market kind of pulling back. You know, we've perfected the art of getting people out of paper IRAs and 401ks and other things. So if you're interested in that, we're Johnny on the spot. And I got a great team for that. Really easy to put you in physical metals and making some more improvements to the website and experiences there for one-time purchases. You know, if you want a gram of gold and you go to davidknight.gold, maybe you just want a gram. I've got free shipping, no credit card fees. I still have to pay the fees, but I just don't make you pay them.

So if you go to davidknight.gold and you hit the join Wolfpack tab, there's a way to get just a gram of gold and it's free shipping. But please buy two. That way I make something. I put those on there as like, well, I think I could buy two. I make something. And how much is that in terms of ounce? What was the gram in terms of ounce? I don't remember.

There's 31.1 grams in a troy ounce. Oh, okay. So, you know, divide that. That's about a 30th. So we're talking about something in the neighborhood of a hundred bucks per gram or something like that. Yeah. So you pay some premium, but the way I make it, I set it up and I'm always on the hunt for, and by the way, those are another thing that we're getting harder and harder to find. So I'm going to have to keep sourcing them somewhere, but those sheets of getting the

hundred harder to find across the board. Really? Wow. Yeah. So I made that easy to get small amounts of gold bullion, or you can just sign up for, you know, one of the Wolf packs above the 250. That's what I like about wolf pack You know you get these things like the the gold backs or the you know, little Chicklet things that are that are broken off, you know people think that

You know gold is so expensive. It's gonna be really expensive. I bet you can buy it and very small quantities and There's a lot of things that are out there. Of course, like you said, I guess they're getting harder and harder to find those things. But people are packaging it so that it isn't necessarily a gold bar

that's worth a million dollars. Only corrupt senators can afford those types of things. You can get the little tiny gram, chiclet things. And that's what I like is, is with the Wolfpack, seeing some of those things, cause I didn't even know they existed, you know, until, until we got it through the Wolfpack thing. Well, that's the key is the, if you accumulate and you buy fractional, you do pay a premium upfront,

but if you'll just take my advice and don't sell it unless you're going to, if you're going to sell it, sell it to me. But if you're going to, if you're going to hold, hold for the long term and you'll see those premiums will start to dissipate with the rising price of the metal but you got to hold it long term and you'll have your shareable something to to use peer-to-peer to pay for things outside of a of a corrupt system outside of the stable coin dystopia and of course know, we're talking about long term and talking about savings, since they don't pay any interest anymore in the banks.

I mean, it's foolish to put your money in the banks where they're going to pay you like a 0.1% or some ridiculous thing like that. It used to be that the banks would pay you something that's pretty close to what they would charge in a home loan. You know, your home loan would be five and a half percent, they'd pay you four or four and a half percent at the bank on your savings account. Now they don't pay you anything and you're going to be seeing that eaten up with inflation. So if you're going to be doing any kind of a savings program, metal is for a long term, metal really is the way to go, truly is. But it's the privacy thing that I think is absolutely priceless. Well Tony, thank you so much

and you got a program coming up today right after this one? I do. Arterburn radio transmission. We'll talk parapolitics, precious metals and whatever else is on my mind for an hour. It's 11 central time 12 eastern on rumble, American Plug channel and my my ex at Tony Arterburn's. Go find us there. That's great. Thank you so much Tony. I really do appreciate it. Thank you for setting up David Knight.goal to take people to Wise Wolf. Love the programs that you've got there. I've known Tony for a long time. I've done a lot of business with him and it has always been a good experience and I really trust Tony. Thank you.