DavidKnight_01-22-2026.timecode
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[01:07.200 --> 01:11.120] All right. And again, joining us is Tony Aardeman of Wise Wolf Gold. And of course,
[01:11.120 --> 01:15.520] you can go to davidknight.gold and that'll take you to Wise Wolf and let him know that you came
[01:15.520 --> 01:22.640] through us. But people who listened to Tony, I think, probably did pretty well last year.
[01:22.640 --> 01:27.200] Maybe we didn't have our wealth doubled. But if you bought into gold and silver, especially if
[01:27.200 --> 01:32.800] you did it the way that Tony has set up, I don't know anybody else that lets you gradually accumulate
[01:32.800 --> 01:37.600] gold and silver. You can kind of set it up as a savings program with Wolf Pack. You can decide
[01:37.600 --> 01:41.920] what level you want to buy into, how much you want to set aside each month. And you can kind of dollar
[01:41.920 --> 01:48.080] cost average that in. And we had another all-time high this week, didn't we, Tony,
[01:48.080 --> 01:51.040] because the people worried about what Trump is going to do with Greenland.
[01:52.240 --> 02:00.320] Another all-time high yesterday. And as a matter of fact, sort of keep up with how many.
[02:00.320 --> 02:06.640] It's like a broken record. That's right. But then of course, there was some sell-off, as Trump said,
[02:06.640 --> 02:10.640] that we're not going to have war with Greenland or whatever. You know, there's that kind of
[02:10.640 --> 02:15.680] reaction to these things that happens all the time. But talk a little bit about where we are
[02:15.680 --> 02:22.240] right now. And I just mentioned earlier in the program that we're on track to hit $40 trillion
[02:22.240 --> 02:25.840] by the end of September at the current rate. Now, that's assuming that Trump doesn't come
[02:25.840 --> 02:30.480] up with any new grandiose scheme that he's going to dump a bunch of money into.
[02:30.480 --> 02:34.320] You had Jesse Waters this last week when we were talking about Greenland just casually say,
[02:34.320 --> 02:38.240] yeah, we can get it for $700 billion. It'd be great to be a steal. It's like, yeah,
[02:38.240 --> 02:43.120] it's only another trillion dollars. Remember when Senator Everett Dirksen said, well, a billion
[02:43.120 --> 02:48.320] here and a billion there, pretty soon you're talking about real money. Well, now we're doing
[02:48.320 --> 02:54.320] a thousand times that with trillion, right? And the thing is, we're not talking about real money.
[02:54.320 --> 02:58.720] We're talking about fiat money. That's the problem. None of this stuff is real,
[02:58.720 --> 03:03.360] and it's going to come crashing down. Well, going back to what you mentioned
[03:03.360 --> 03:08.480] about Wolfpack and just dollar cost averaging, it's better to protect your wealth gradually
[03:08.480 --> 03:13.120] than try to do it suddenly. Kind of like you go bankrupt, like the Hemingway reference.
[03:14.880 --> 03:19.600] Yesterday we got an official word that the trademark for Wolfpack Gold came in. So I was
[03:19.600 --> 03:26.880] glad. I own the name and it took a little while, but it's an idea. The idea of the Wolfpack and
[03:27.760 --> 03:32.400] just setting aside a little bit of the fiat value that you have that's diminishing and
[03:32.880 --> 03:39.760] let us find it for you. I have a great crew, great team, and it's been increasingly difficult
[03:39.760 --> 03:46.240] to do what we do in the face of these prices. And I think we prepared for it. Well, I wasn't prepared
[03:46.240 --> 03:52.880] for these types of price spikes because this is not market related, David. I don't believe that
[03:52.880 --> 03:57.840] the market's truly driving this. I think this is governmental, as I discussed last week with you.
[03:58.800 --> 04:02.720] It's funny you see this kind of language popping up now in articles and Kitco. It's like, well,
[04:02.720 --> 04:08.240] governmental. It's the stockpiling of rare earth minerals and stuff. So it's beyond
[04:09.200 --> 04:17.360] what we've experienced in the last 50 years. Obviously there's some market forces built into
[04:17.360 --> 04:22.320] this and there will be pullback and sell-offs and profit taking and all the rest, but we're in
[04:22.320 --> 04:29.440] completely uncharted territory. You mentioned the debt. There's a great book called The Big Print
[04:29.440 --> 04:38.320] by Larry Lippard and I read that. I think he's on to something. If you look at all the culminating
[04:38.320 --> 04:44.640] events with central banks and governments around the world, they've put themselves in such a place
[04:44.640 --> 04:51.120] where that's why they float the idea of talking about Davos is the great reset. This is something
[04:51.120 --> 04:56.720] they have to put out there to the consciousness because this is mathematically inevitable.
[04:57.360 --> 05:02.560] They have to do a currency reset, but there's going to be probably this singularity event
[05:03.680 --> 05:10.560] where there is a big print. You mentioned going to 40 trillion in debt and then unless Trump does
[05:10.560 --> 05:19.360] something Trumpish and some outlandish thing, which is more likely than not that we're going
[05:19.360 --> 05:26.560] to have some sort of event where there is a massive print and it might be coordinated by
[05:27.120 --> 05:33.600] central banks around the world to prop up their own markets to stave off collapse because we're
[05:33.600 --> 05:40.320] certain all these indicators of prices are just these are the outliers and the
[05:40.880 --> 05:43.360] the tell is the sign.
[05:43.360 --> 05:48.480] How do you spell outlier now? I think we spell outlier with an L-I-A-R.
[05:50.000 --> 05:56.880] We need to get these liars out and get them out of Congress, out of Washington. He could easily do
[05:56.880 --> 06:01.600] this with his golden dome thing. That's what he's talking about with Greenland. He could build a
[06:01.600 --> 06:08.960] golden dome with all the gold that's in Fort Knox if there is any and then some is probably what
[06:09.040 --> 06:15.120] he would spend on it. As soon as he does this massive tax increase, he calls it a tariff and
[06:15.120 --> 06:23.040] he just imposes it himself. Then he says, I've got $600 billion so let's just put it all in the
[06:23.040 --> 06:27.440] military budget. Forget about the even the rebate that he said he was going to go to people. Forget
[06:27.440 --> 06:33.120] about getting rid of the income tax. None of that is going to happen. He will put it into the
[06:33.200 --> 06:39.520] military. He's going to just continue to tax and continue to spend just like a Democrat.
[06:41.840 --> 06:47.280] I think one of the most astonishing metrics that I've seen is that if you take all of the revenue
[06:47.280 --> 06:52.880] that we take in, minus the tariffs, but if you take all the revenue of taxable internal taxes
[06:53.760 --> 06:57.600] and you put them together, that just services the interest on the debt.
[06:57.600 --> 07:06.320] Yeah, that's where we are. He's so desperate to get control of the Federal Reserve under his
[07:06.320 --> 07:10.720] singular control. You look at these evil institutions that are out there. As I said
[07:10.720 --> 07:16.480] yesterday, the UN, the Federal Reserve, his instinct is not to end them, not even to reform
[07:16.480 --> 07:22.080] them. His instinct is to become them, to become a one-man Federal Reserve, a one-man UN with his
[07:22.080 --> 07:27.360] peace board and all the rest of this stuff. He's not going to change anything for the better. He's
[07:27.360 --> 07:33.760] going to use every problem to make himself more powerful. That's what's really going to be
[07:33.760 --> 07:38.640] happening with the Federal Reserve. That's the real issue. It's the money on the debt.
[07:38.640 --> 07:44.480] Because when he lowers interest rates, as you've seen and we've all seen, the longer-term interest
[07:44.480 --> 07:50.160] rates for home mortgages and things like that will sometimes go up. They'll be unaffected or
[07:50.160 --> 07:56.400] they'll go up when they lower the short-term interest rates. I think something else that
[07:56.400 --> 08:04.480] may kick in pretty soon is as he's gotten all these people in NATO and Europe angry over this
[08:04.480 --> 08:09.440] Greenland thing, they're already starting to talk about doing a boycott of buying US Treasury bills.
[08:10.160 --> 08:12.080] That could bring things to a head too, couldn't it?
[08:13.200 --> 08:17.440] Absolutely could. I was listening to your show yesterday. You mentioned that central banks
[08:17.440 --> 08:23.920] now hold more gold than they do US Treasuries. That metric, again, the dollar is still number
[08:23.920 --> 08:31.440] one held by central banks, but number two is gold. It supplanted the euro 18 months ago
[08:31.440 --> 08:38.000] as number two. That's why the European Central Bank said that gold was a threat to the system.
[08:38.880 --> 08:46.720] It's a threat to your fake money. I think the metrics of dollar usage post-World War II,
[08:46.720 --> 08:54.880] right after Bretton Woods, about 90% of the world used the dollar. We supplanted the pound sterling
[08:54.880 --> 08:59.280] and the dollar was the world's reserve currency. It's about 90% of usage and that went to
[09:00.080 --> 09:08.000] past 1971 and then started to a slow decline. The year 2001, we're at about 75% of world usage
[09:08.000 --> 09:15.600] for the US dollar. Gosh, in the last few years and just talking on your show, this was something I
[09:15.600 --> 09:23.360] watched was the dollar usage, so the money velocity, and it went from about 56% of usage
[09:23.360 --> 09:30.160] in 2022 following our sanctions on Russia after they invaded Ukraine and then it's dropped all
[09:30.160 --> 09:38.960] the way down to about 40% in just that time. That's the phenomenon of de-dollarization.
[09:39.760 --> 09:45.680] I think that's the key indicator in all of this, whether you're talking about the petrodollar
[09:45.680 --> 09:50.800] or anything else surrounding that or how much we're going to print, the dollar usage around
[09:50.800 --> 09:57.600] the world is declining. Even though 80% of all of our $100 bills aren't in this country, they're
[09:57.600 --> 10:02.640] outside of the continental United States and 65% of all paper currencies outside the continental
[10:02.640 --> 10:09.600] United States, less and less is being used. Eventually those dollars will be repatriated,
[10:09.600 --> 10:15.920] but we're going to continue to print more as the world uses less. So you tell me, what does that
[10:15.920 --> 10:23.040] spell for the purchasing power of that currency unit? There's really not any great options to
[10:23.040 --> 10:29.040] prop that up at this point if you've lost so much usage in such a short period of time.
[10:30.000 --> 10:36.880] And that's why I think that's what we're watching really with these prices of gold and silver is,
[10:36.880 --> 10:44.480] again, as governmental forces and supply and then showing the weakness of how much actual physical
[10:44.480 --> 10:51.520] is in the market, but it's that loss of usage by the dollars, the world reserve currency,
[10:52.080 --> 10:58.320] at the same time that's really showing up in the prices of gold and silver today.
[10:58.400 --> 11:04.320] Yeah, yeah. I'm just curious. Yesterday I went back and looked. I wonder if we're in the territory
[11:04.320 --> 11:11.680] of not worth the continental yet. So I went back and looked to see what had happened to the value
[11:11.680 --> 11:19.120] of the continental during the war, Revolutionary War. And they started out referring it to the
[11:19.120 --> 11:25.280] Spanish dollar, which was out of gold or silver, right? And they made a few continentals that were
[11:26.240 --> 11:31.600] made out of silver. And by the way, those are worth a lot right now because of historical value
[11:31.600 --> 11:36.160] and that type of thing. They've had some of them sell at like one and a half million dollars
[11:36.160 --> 11:42.400] for one continental dollar because of collectible type of thing. And there were also some pewter
[11:42.400 --> 11:47.200] and brass versions of those. And those are selling for tens or hundreds of thousands of dollars as
[11:47.200 --> 11:52.080] well. But the actual paper that's there, even though it may have some historical value,
[11:52.720 --> 11:58.640] the paper right away dropped to one one-thousandth of its value. So in other words,
[11:58.640 --> 12:06.560] the dollar quickly became one-tenth of a cent. The paper continental dollars were not quite there
[12:06.560 --> 12:13.280] yet. We have lost since the Federal Reserve was created. Prior to that, we'd been on the
[12:13.280 --> 12:19.600] gold standard for a very long time, many, many decades. But since the Federal Reserve was created,
[12:20.560 --> 12:26.320] we have lost 97 percent of the value of the dollar in terms of purchasing power. So we're
[12:26.320 --> 12:31.120] not quite in continental territory yet, but just wait, that may be coming, right?
[12:31.840 --> 12:37.040] We're very close. If you look at this, some astonishing metrics, if you just use a calculator
[12:37.040 --> 12:44.960] and a little bit of history, you go back to 1933, right before Franklin Roosevelt had that executive
[12:44.960 --> 12:50.640] order about turning in your gold, and you look at a $20 gold piece. That was $20. So think about
[12:50.640 --> 12:57.360] this. This was $20 in 1933. It's basically an ounce of gold. It's .9675 ounces. It's the way
[12:57.360 --> 13:03.440] that it was set up on our gold-silver ratio. So a $20 gold piece was basically an ounce of gold.
[13:03.440 --> 13:14.160] So today, that's around $4,800 at spot. That's what $20 was in 1933. So the issue is the expansion
[13:14.160 --> 13:21.360] of the money supply. That's the magic trick. The gold retained its value. It's the $20 that went
[13:21.360 --> 13:28.080] into oblivion, and that's that 97 percent that you're talking about. And honestly, I don't think
[13:28.080 --> 13:35.600] that we've reached a point yet where the true loss of value has been exposed relative to the
[13:35.600 --> 13:42.480] money supply. I think that it's worse than it... I mean, think about all of the liquidity that's
[13:42.480 --> 13:48.640] trapped in these markets or so-called investments and other things that isn't real. You talk about
[13:48.640 --> 13:57.440] the stuff that's papered over or has been propped up by the central bank. So I don't think that
[13:57.440 --> 14:03.760] we're there yet as far as a complete exposure in the reset, but it's going to be found. The true
[14:03.760 --> 14:08.560] value is going to be found in these commodities, and we're seeing... This is the beginning of that,
[14:08.560 --> 14:14.800] and there's no going back. I've had people call and say, hey, I'm going to pause my subscription
[14:14.800 --> 14:22.160] until prices come down. I love you, but I don't... And this isn't even like an infomercial. I just
[14:22.160 --> 14:28.720] don't believe that's going to happen. And if it does, it will be probably something really bad.
[14:28.720 --> 14:31.680] I don't know if you'll be able to use the banking system. I don't know.
[14:32.160 --> 14:36.160] Hey, it's Ben Ferguson, and I want to be honest with you for a second
[14:36.160 --> 14:42.320] about how an act of compassion really feels. A couple of years ago, I made the choice to partner
[14:42.320 --> 14:48.320] with an amazing organization called Compassion International. Why? Because I wanted to sponsor
[14:48.320 --> 14:55.680] a child in need. It was a nice idea, sure, but I had no idea just how much that simple act
[14:55.680 --> 15:02.000] would change my life as well. I sponsored Nadia and got to watch her life change right in front
[15:02.000 --> 15:07.680] of my eyes, going from starving literally alone on the streets to getting the health care and
[15:07.680 --> 15:14.960] education she needs to reach her God-given full potential. I got to be a part of that change,
[15:14.960 --> 15:20.320] and the light of that compassion not only illuminates in her, it illuminates now in me.
[15:21.040 --> 15:28.640] That is the power of compassion. The light of Christ shines on all of us. Feel it for yourself,
[15:28.640 --> 15:34.240] and change literally a child's life. Change the world, and you also change yourself.
[15:34.240 --> 15:41.280] You can sponsor a child today. Visit Compassion.com. That's Compassion.com.
[15:50.480 --> 16:19.280] There's something inherently, I think, solidified in this run.
[16:20.000 --> 16:25.840] Well, I think the analogy here, I think back to the Warner Brothers cartoons, right,
[16:25.840 --> 16:30.560] where you had Wile E. Coyote, and he goes running off the cliff, and he keeps going for a while
[16:30.560 --> 16:34.560] until he looks down and sees that there's nothing there. And then after that realization,
[16:34.560 --> 16:39.280] he drops like a rock. And I think that's really what we're talking about. People are going along,
[16:39.280 --> 16:46.080] you know, running on this fiction of fiat currency. And at some point, people are going to realize
[16:46.080 --> 16:50.960] that there's nothing to it. And then everything is going to drop like a rock. And then you're
[16:50.960 --> 16:56.320] going to have this massive boulder of $40 trillion or $50 trillion or whatever it is at that point
[16:56.320 --> 17:00.960] in time. It's going to be following us all the way down to smash us when we hit the bottom,
[17:00.960 --> 17:05.600] you know. It's going to be a Wile E. Coyote moment. You're absolutely right. You know,
[17:05.600 --> 17:10.320] the R. Buckminster Fuller quote, people cannot get out of the way of what they don't see coming.
[17:11.120 --> 17:15.680] Yeah, it's just always been some kind of stability thing, or we've bounced back,
[17:15.680 --> 17:21.440] or you've had a, you know, end of the 1970s move by the Fed to raise interest rates to the teens to
[17:21.440 --> 17:26.240] just get it wrap its arms around inflation. Of course, you could take out the Hunt family
[17:26.240 --> 17:31.280] for exposing how weak the dollar was through silver and stop the speculation and do the
[17:31.280 --> 17:37.040] manipulation of markets of gold like they did for so long. And then all of a sudden central banks
[17:37.040 --> 17:41.520] start buying gold and this becomes weaponized against the dollar. And that's what we're seeing.
[17:41.520 --> 17:46.960] And it's really can't do those, can't fix those things anymore. And you can't paper over silver
[17:46.960 --> 17:53.440] anymore. Good luck. There's too many eyes on it. And it's become, again, it's become part of
[17:54.080 --> 17:59.440] the fourth dimensional warfare, you know, nation state currency wars. So it's fixed that this
[17:59.440 --> 18:06.240] market is permanent with the way we are right now. Like we're not going back to $15, $20 silver
[18:06.320 --> 18:10.960] or $30 silver. I don't see it. I don't see how you could possibly sell off like that.
[18:10.960 --> 18:18.320] And especially knowing that there's, you know, the metrics, the statistics out there are alarming.
[18:18.320 --> 18:26.080] Like, you know, the 75% or so of the silver that hits the supply is coming from companies mining
[18:26.080 --> 18:33.440] nickel and copper. It's like a sideshow. And so if the economy suffers and there's less need for
[18:33.440 --> 18:38.640] copper or nickel, there's not going to be as much silver because it's something that they just mine
[18:39.280 --> 18:46.080] on top of what they're already looking for. And so it's, we're years out from, because silver was so
[18:46.080 --> 18:51.280] low for so long, it didn't support mining companies. So there's like the very little
[18:51.280 --> 18:58.720] silver mining going on. They cannot reach the levels that are needed for demand. And then you
[18:58.720 --> 19:04.560] have, we've had a deficit. We've had deficit for like six years, haven't we? It's been, yeah,
[19:04.560 --> 19:09.120] hundreds of millions of ounces that had to be taken from the above ground supply. And there's
[19:09.120 --> 19:13.280] bottlenecked everywhere, David, like I had to stop buying sterling again, cause there's nowhere to
[19:13.280 --> 19:19.280] melt it and nobody will take it at any price. Like everything's bottlenecked. And the same thing with
[19:19.280 --> 19:28.000] the big trading houses. You want to like, my job has become like my subconscious, like solves
[19:28.000 --> 19:31.680] problems in my head while I sleep because I have to get up and we're like, do we clear this? You
[19:31.680 --> 19:36.320] know, like the amount of stuff clearing because of the amount of selling and then the bottlenecks
[19:36.320 --> 19:42.080] of it is, I know that it's across the board. It has to be industry wide that a lot of operators are
[19:42.080 --> 19:48.480] like, how do I even navigate this? Because it is so uncertain and yet the prices continue to rise.
[19:48.480 --> 19:54.160] That's, that's the tell. That's the tell, but something else is afoot here. It's absolutely right.
[19:54.240 --> 19:59.680] You're dealing in a, an economy that's already in the hyperinflation. You're dealing in silver and
[19:59.680 --> 20:03.600] gold. Yeah. You know, we talk all the time about that Hemingway quote, has somebody that's very
[20:03.600 --> 20:08.240] wealthy go bankrupt? And he said, well, gradually and then suddenly, there was another quote that
[20:08.240 --> 20:16.400] I went to this weekend. And the fact that Hemingway said, look at these corrupt empires, what they
[20:16.400 --> 20:21.200] first do is they try to inflate everything. It's all things with inflation. The next thing, when
[20:21.200 --> 20:28.080] that doesn't work, they take you to war. And boy, I tell you, is that not Trump in a nutshell,
[20:28.080 --> 20:35.200] inflation and war? It's just, yeah, he is the guy that they've handpicked to lead the sheeple into
[20:35.200 --> 20:41.440] this whole situation, I think. Oh, the lizard class always does this. They'll give us somebody
[20:41.440 --> 20:46.640] like, like Woodrow Wilson is like, you know, he ran in 1916. He kept us out of war. You know,
[20:46.640 --> 20:53.520] what's the first thing he does in 1917, takes office, puts us in a war, puts us back in the
[20:53.520 --> 20:57.520] middle of the war. You know, it's every single time, you know, Franklin Roosevelt, you know,
[20:57.520 --> 21:03.440] in his third, what was his third term comes out as like, I've seen war and I hate war and your boys
[21:03.440 --> 21:09.120] will not be sent to another, you know, European war. The first thing he does is get us into a war.
[21:10.000 --> 21:17.440] It's the same. And I hate saying that because, you know, so much of what Trump ran on in 2016,
[21:17.440 --> 21:21.360] it animated me, you know, it's 36. I go, well, okay, finally, somebody's saying this is stuff
[21:21.360 --> 21:26.640] that I ran on when I ran for Congress. And I'm like, okay, he took the populist playbook. I could
[21:26.640 --> 21:32.240] see he kind of mixed a little Ron Paul with Pat Buchanan. And then I could see that it was tap.
[21:32.240 --> 21:37.920] I said, this is good. Hey, it's Ben Ferguson. And I want you to pause what you're doing for just one
[21:37.920 --> 21:43.760] minute. And I want you to hear about Alejandra. She lives in a remote community with very few
[21:43.760 --> 21:50.400] resources and little to no healthcare. So when Alejandra gets sick, her parents have no real
[21:50.400 --> 21:58.000] options, no doctors in their community and no money for real medical care. By the third day,
[21:58.000 --> 22:04.800] her body was shutting down. She woke up and just long enough to tell her mom, I can't take the pain
[22:04.800 --> 22:11.760] anymore. I can't keep going. Her parents drove hours to find a doctor who tried everything,
[22:11.760 --> 22:18.320] but she needed a private hospital. And that was impossible for her family to afford. And that is
[22:18.320 --> 22:24.720] when Compassion International stepped in. Now, through compassion, Alejandra was treated. And
[22:24.720 --> 22:32.480] against all odds, she survived. She lived because someone just like you took action. Right now,
[22:32.480 --> 22:37.600] unfortunately, there are children just like Alejandra who won't survive unless someone
[22:37.600 --> 22:44.160] like you steps in Compassion International partners with local churches, providing children
[22:44.160 --> 22:51.200] with the support that they need critical medical care, plus food, education, and the hope of the
[22:51.200 --> 23:00.480] gospel all in Jesus name. So help a child just like Alejandra today. You can visit compassion.com.
[23:00.560 --> 23:06.400] That's compassion.com. Here's golf legend, John Daly. Hell yeah. These winds are piling up faster
[23:06.400 --> 23:10.480] than my divorces. I only spend on Modo, America's social casino. You know, I've won a couple of
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[23:24.880 --> 23:39.280] casino. But it's just, it's all smoke and mirrors because we're not, we don't have a look at,
[23:39.280 --> 23:45.840] just look at our foreign policy. It's schizophrenic. We kidnap people. We don't, I mean, we, we bomb
[23:45.840 --> 23:50.480] other nations on behalf of other nations. I think it's very telling that the people who hated him
[23:50.480 --> 23:55.280] so much at the beginning, you know, now really love him. They're the biggest supporters he's got.
[23:55.280 --> 23:55.920] That's the tell.
[23:55.920 --> 24:00.480] Because he's flipped, you know, and, and there's one thing for, you know, we look at a candidate
[24:01.200 --> 24:06.160] that doesn't have any record like Trump. And that was another thing for them. They bring some guy
[24:06.160 --> 24:09.120] out. He's a celebrity, but he doesn't have any records. They don't really know what he's going
[24:09.120 --> 24:14.400] to do. But it's very easy for them to go out and say, this is what I think about this. And
[24:14.400 --> 24:18.960] they can have the right perspective. They can have the right perspective about every issue.
[24:19.600 --> 24:24.800] But then you have to see what they actually do. And so that's why, you know, I couldn't support
[24:24.800 --> 24:30.320] Trump a second time, especially after 2020. That was just unprecedented. What happened with that
[24:30.320 --> 24:35.440] with the lockdown and all the rest. And I knew that that was the deep state plan that they'd been
[24:35.440 --> 24:41.440] practicing for 20 years. If that doesn't tell you that Trump is deep state, nothing will. And so,
[24:41.440 --> 24:42.640] yeah, that's where we are right now.
[24:43.200 --> 24:48.000] Well, I think we're, it's very dangerous times. If you think this is normal behavior by,
[24:48.640 --> 24:53.040] by the powers that be, I mean, you need to read a little bit. You need to sit with that and pray
[24:53.040 --> 24:57.280] about it. Cause I don't think that, I don't think that we've behaved like this. There's other
[24:57.280 --> 25:03.360] empires that behave kind of like we are behaving, but there's no real example of some nation with
[25:03.360 --> 25:09.600] our power and standing that has declined as rapidly as we have, and also is making plans
[25:09.600 --> 25:15.360] for something. Like we can clearly see that we're setting something up, whether hemispheric.
[25:16.080 --> 25:20.160] I don't know if it's related to the Wolfowitz memorandum in 1992. We're setting up, you know,
[25:20.160 --> 25:26.320] the thing with Venezuela, looking at Greenland, like whatever Greenland means to us. There's,
[25:26.320 --> 25:30.720] there's a lot going on here. And I mean, ultimately it's, it's God's world. I mean,
[25:30.720 --> 25:31.920] you got to leave it up to God.
[25:31.920 --> 25:37.280] Well, I think there's a lot of pointers going back to the technocracy, of course. You know,
[25:37.280 --> 25:40.400] you look at the map that he's got there and everything, but it's more than just a map.
[25:41.360 --> 25:45.040] And it's more than just let's consolidate everything in the Western hemisphere
[25:45.680 --> 25:50.400] under the United States. It also goes back to the fact that they wanted everything valued
[25:50.400 --> 25:55.840] in commodities and things like that and in energy specifically. And so I think that's a big part of
[25:55.840 --> 26:01.840] the move in Venezuela. They have tremendous resources. And so, you know, make that move
[26:01.840 --> 26:08.400] first, nail that down. And so you keep going back and seeing these contours that looked very
[26:08.400 --> 26:14.880] similar to what the technocracy wanted. But it is everything that is there is talking about a
[26:14.880 --> 26:20.640] massive change that is coming. And so that's why it's very important for people to latch
[26:20.640 --> 26:26.480] onto something that's been stable for millennia. And that's gold and silver. That's about the only
[26:26.480 --> 26:31.600] thing that we can do to try to get out of the way of what is coming. And it's going to be difficult
[26:31.600 --> 26:36.400] to do that anyway. You know, when they have a war that starts, whether it's a domestic civil
[26:36.400 --> 26:41.920] war that Trump is pushing, or whether it is foreign wars and things like that, it's still
[26:41.920 --> 26:45.680] going to affect us. Even if we don't agree with it, there's nothing we can do to stop that. And
[26:45.680 --> 26:49.760] there's only so much that we can do to prepare for it. But whatever we can do, we need to prepare
[26:49.760 --> 26:57.920] for it. And a key part of that is to try to get what we've worked for and saved to try to get that
[26:57.920 --> 27:04.320] into something that's going to be more stable like gold and silver. Well, certainly, especially
[27:04.320 --> 27:09.280] with the lack of trust. And you know where the collapse of trust started? It didn't start at
[27:09.280 --> 27:13.280] the bottom. It started at the top. Look at the central banks. They don't trust each other. It's
[27:13.280 --> 27:19.200] clear. I mean, the central banks, the financial power, they know what they're doing. I mean,
[27:19.200 --> 27:27.680] this is the amount of gold purchased by central banks in 2009 was about 0%. And now
[27:27.680 --> 27:32.080] it makes up the majority of purchases because the central banks are moving away from those
[27:32.080 --> 27:36.400] currencies. They just see this system is broken. So they don't even trust each other. They don't
[27:36.400 --> 27:42.960] trust governments and neither should you. I mean, the system's going through changes. So don't be
[27:42.960 --> 27:50.480] too overexposed. The thing about, I ran a simulation through AI to look at the S&P 500 versus gold from
[27:50.560 --> 27:58.000] 1975 on. And it was like, well, this could be misleading. It's like the S&P 500 outperformed
[27:58.000 --> 28:04.080] gold if you just bought ounces of gold. However, you have to add in taxable gains, companies that
[28:04.080 --> 28:08.480] went out of business, like you'd have to move it around. It wouldn't be, so you're talking about
[28:08.480 --> 28:14.240] counterparty risk inside of that. If you just bought gold at the end of the day, like, you know,
[28:14.240 --> 28:22.080] in 1980, it took one ounce of gold to get a share of the S&P 500. By 2000, it was five ounces.
[28:22.080 --> 28:28.960] And then by 2011, it's 0.5 and then declining. So that's where, you know, you can look at the
[28:28.960 --> 28:34.560] metrics of how much it costs to play in something of the traditional stock market. But you've just
[28:34.560 --> 28:39.120] been better off with counterparty risk and exposure and not having to do anything. You've
[28:39.120 --> 28:45.280] been better off just buying an ounce of gold than to play all those games that you have to play
[28:45.280 --> 28:50.880] in the traditional markets. That's right. Yeah. Just to try to preserve what you've got at this
[28:50.880 --> 28:57.360] point in time, rather than to try to, you know, hit a home run with timing or something like that.
[28:58.000 --> 29:01.680] Anything that you want to tell us besides the fact you've now got Wolfpack trademark?
[29:01.680 --> 29:06.080] Was anything else happening with- No, I'm real thankful for that. Just, you know,
[29:06.160 --> 29:10.160] just thank everybody who's still a part of it. You know, we're doing the best we can at the shop.
[29:10.160 --> 29:15.280] I had to stop buying and I don't know how long I'm going to run this, but both of my physical shops,
[29:15.280 --> 29:21.600] I stopped buying at 3 p.m. daily. Just can't do it anymore. There's so much coming in and, you know,
[29:22.560 --> 29:27.440] I try to serve as many people as I can, but it's been hard on my crews. And I'm like,
[29:27.440 --> 29:30.400] we're going to stop buying at three, give people a break and catch up on inventory.
[29:31.360 --> 29:36.640] Well, you can always buy from us. That's never a problem. We've got plenty of supply
[29:37.280 --> 29:43.360] right now, but I would just say, you know, for those who are in Wolfpack, just hold as long as
[29:43.360 --> 29:48.880] you can because, you know, we'll continue to put, you know, the best products in there. I'm always
[29:48.880 --> 29:54.000] looking for loopholes too. Like, what can I find that would be, you know, even more interesting?
[29:54.000 --> 29:57.840] And I started doing, another thing I did, David, is anybody, if you're in Wolfpack, you're going
[29:57.840 --> 30:04.960] to get like some collectible stuff. When you get silver dollars from me or like silver dimes,
[30:04.960 --> 30:09.360] like there's mercury dimes, there's barber dimes in there. They're worth like five times what I
[30:09.360 --> 30:14.240] put in there. I don't have time to do collectibles, but you'll get them at no charge. I'm just
[30:14.240 --> 30:20.000] charging you for the silver. They're literally, and I would say, I talked to Jekka about this,
[30:20.000 --> 30:25.680] my head trader, and she's wonderful. I said, we're just doing melt on constitutional silver.
[30:25.680 --> 30:31.040] She said, yeah. I said, just continue to do that. So we, because there's no outlet for it, like I
[30:31.040 --> 30:35.040] can't even sell it to the trading houses anymore. They won't take it. I mean, just because they're
[30:35.040 --> 30:41.840] so backed up and I won't get paid for weeks. So the, the constitutional silver, if you go to Wolf,
[30:41.840 --> 30:47.040] or David Knight, not gold, and then go to Wolfpack, that's called constitutional Wolf.
[30:47.040 --> 30:51.600] If you go into one of those packages, like two 50 or five, you can buy it one time.
[30:51.680 --> 30:55.440] You just get stuff at spot. So like you're getting silver dollars at spot.
[30:57.360 --> 31:01.600] I mean, that's nuts. And because we, that's what we're buying. We're having to buy them under
[31:01.600 --> 31:06.640] melt level. So you're getting it getting, and there's collectibles in there too. So that's
[31:06.640 --> 31:11.920] probably the best deal that I have right now. Who knows? Maybe you'll get a continental silver dollar.
[31:11.920 --> 31:17.920] No, I hope not. That one I'd like to keep. I'm sorry. One and a half million dollars for an
[31:17.920 --> 31:23.040] ounce of silver, right? Yeah, I think, I think I'd hold onto that one, but you do get, you get
[31:23.040 --> 31:28.240] silver dollars from the 1800s all the time. Those Morgans, I put those in there, you know, I buy them
[31:28.800 --> 31:36.080] by the bag full. And so we just pass those on to, to Wolfpack members. That's great. Well,
[31:36.080 --> 31:40.880] I really do appreciate it, Tony. And it's been a good thing for all of our listeners who have
[31:40.880 --> 31:46.480] gotten into this, of course, in last year, I don't see anything changing except for the trends
[31:46.480 --> 31:51.440] getting worse. And Gerald Slint, he sees it the same way. And as he said, you know, Trump has been
[31:51.440 --> 31:59.040] really good for silver and gold, and he's really bad for the economy. So for the dollar, and that's
[31:59.040 --> 32:05.280] only going to accelerate this next year, as he becomes the Federal Reserve himself. And they
[32:05.280 --> 32:10.480] continue that we're going to hit the $40 trillion mark. That's going to be a shot in the arm to
[32:10.480 --> 32:14.240] gold and silver psychologically right there. Because, you know, every time you see something
[32:14.240 --> 32:19.920] happen, you know, when gold crosses the $2,000 an ounce milestone, it's like, oh, okay, everybody
[32:19.920 --> 32:24.400] recalibrates the way they see things. When it crosses $3,000, when it crosses $4,000, well,
[32:24.400 --> 32:31.920] what's going to happen when the debt crosses $40 trillion? That's going to be an event.
[32:31.920 --> 32:38.720] Easily be a $5,000 gold here very soon. And silver will hit $100. I don't know what happens next.
[32:38.800 --> 32:44.080] Yeah, I don't know. I don't know. This is definitely no going back.
[32:44.080 --> 32:47.360] You know, this is, we're boldly going where no one has gone before.
[32:48.560 --> 32:50.800] I guess we could say we're goldily going where no one has gone.
[32:52.400 --> 32:54.240] I like that. That's very good.
[32:54.240 --> 32:58.480] Okay. Well, thanks, Tony. It's always great talking to you. Again, go to davidknight.gold.
[32:58.480 --> 33:04.240] That'll take you to Wise Wolf, and you can buy whatever you want. Tony will sell it to you,
[33:04.240 --> 33:08.480] or you can start your own savings program with Wolfpack. Thank you so much, Tony. Always great.
[33:08.720 --> 33:10.720] Thank you so much for talking to you.
[33:38.800 --> 33:45.600] Man is simple, unsophisticated, ordinary, but each of us has worth and dignity created
[33:45.600 --> 33:52.720] in the image of God. That is what we have in common. That is what they want to take away.
[33:53.520 --> 33:59.600] Their most powerful weapons are isolation, deception, intimidation. They desire to know
[33:59.600 --> 34:06.080] everything about us while they hide everything from us. It's time to turn that around and
[34:06.080 --> 34:11.600] expose what they want to hide. Please share the information and links you'll find
[34:11.600 --> 34:16.000] at thedavidknightshow.com. Thank you for listening. Thank you for sharing.
[34:21.680 --> 34:27.040] If you can't support us financially, please keep us in your prayers. thedavidknightshow.com.