DavidKnight_06-20-2024.timecode

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[00:00.000 --> 00:09.840]  Joining us now is Tony Aarderman at Wise Wolf Gold, and of course Tony has set up David
[00:09.840 --> 00:14.680]  Knight.Gold to take you there, letting him know that you're coming through me.
[00:14.680 --> 00:19.160]  And he can help you buy gold or silver, large or small amounts.
[00:19.160 --> 00:25.360]  He can also help you to get on a regular savings basis with his wolf pack.
[00:25.360 --> 00:32.560]  You can pick a level each month that you would like to buy into, and he can get you quantity
[00:32.560 --> 00:36.240]  discounts with the buying group, larger purchasing quantity.
[00:36.240 --> 00:41.440]  So get you some better prices because he's got a lot of people that are doing that.
[00:41.440 --> 00:42.720]  So you can sign up that way.
[00:42.720 --> 00:48.600]  And of course you can also do your gold and silver IRA, and he can help you with that
[00:48.600 --> 00:49.600]  as well.
[00:49.600 --> 00:50.600]  So joining us now is Tony Aarderman.
[00:50.600 --> 00:51.800]  It's good to have you on, Tony.
[00:51.800 --> 00:52.800]  Thanks for coming.
[00:52.800 --> 00:53.800]  It's good to see you, David.
[00:53.800 --> 00:54.800]  Thanks for having me back.
[00:55.440 --> 01:02.240]  You know, we were talking during the break, and I've seen a lot of talk lately about the
[01:02.240 --> 01:03.240]  end of the petrodollar.
[01:03.240 --> 01:10.120]  And you and I talked about this a couple of weeks ago when it was on a Sunday that, and
[01:10.120 --> 01:14.560]  we talked about on the following Thursday, the fact that Saudi Arabia announced that
[01:14.560 --> 01:18.840]  they were going to be selling directly to China, not going through the dollar.
[01:18.840 --> 01:21.400]  They were going to just use their local currencies and that type of stuff.
[01:21.400 --> 01:22.400]  And we said, well, that's it.
[01:22.400 --> 01:23.520]  It's over.
[01:23.520 --> 01:24.800]  And now a lot of people are talking about that.
[01:24.800 --> 01:29.440]  The date was June the 9th, it was like 50 years almost to the day since they had their
[01:29.440 --> 01:30.440]  agreement.
[01:30.440 --> 01:35.200]  The one thing that I wasn't sure of, and I'm still not sure if it was actually like a formal
[01:35.200 --> 01:39.700]  treaty or something, or if it was just kind of a de facto agreement, a handshake or something,
[01:39.700 --> 01:46.920]  but it went on for 50 years and on the 50th anniversary, they started selling with China.
[01:47.280 --> 01:53.440]  And they're also going to be a partner in this new CBDC that is set up on top of the
[01:53.440 --> 01:57.700]  Chinese Yuan and that's being run through the bank of international settlements.
[01:57.700 --> 02:00.240]  This is going to be huge.
[02:00.240 --> 02:01.240]  It is.
[02:01.240 --> 02:04.000]  And it's absolutely amazing that, I mean, we've been talking about it for a couple of
[02:04.000 --> 02:05.000]  weeks now.
[02:05.000 --> 02:08.320]  Some of my listeners are probably tired of it, but I'm like, this is, this is huge.
[02:08.320 --> 02:11.360]  And the mainstream media almost completely ignored it.
[02:11.360 --> 02:16.520]  On my show last week, I said, I found a loan article just kind of out there in the periphery
[02:16.520 --> 02:20.160]  that no one was talking about in the mainstream mentioning it.
[02:20.160 --> 02:24.840]  And like you said, it's hard to really drill down to see if there's a formal agreement.
[02:24.840 --> 02:30.560]  I know that we had a lot of communiques with the Saudis and especially 1973 with the oil
[02:30.560 --> 02:32.320]  embargo and the rest.
[02:32.320 --> 02:34.200]  We went off the gold standard in 71.
[02:34.200 --> 02:36.200]  They were looking to do this.
[02:36.200 --> 02:42.080]  In my research, I think that's Kissinger and Nixon and John Connolly, who was head of the
[02:42.080 --> 02:44.040]  Treasury when we went off the gold standard.
[02:44.040 --> 02:47.440]  I think they were looking to do something to peg the dollar to something.
[02:47.440 --> 02:53.520]  But it's interesting that we've got, you know, 50 years down the road and there's nothing.
[02:53.520 --> 02:55.680]  Our government completely ignores it.
[02:55.680 --> 02:57.040]  At least that's how I see it.
[02:57.040 --> 02:59.000]  I mean, there's not, there's not any talk of it.
[02:59.000 --> 03:01.600]  There's no press releases or anything.
[03:01.600 --> 03:06.180]  Now what, you know, if you look in, there was an article on Kitco, some of the stats
[03:06.180 --> 03:13.400]  that come out about the petrodollar are absolutely fast, not just Saudi, but 80% of all the transactions
[03:13.480 --> 03:19.200]  that go on around the globe in crude, if you're buying crude oil, are denominated in dollars.
[03:19.200 --> 03:24.920]  So if one goes, I think it's a domino effect and we talk about money velocity and people
[03:24.920 --> 03:27.600]  are always asking, you know, why don't we have hyperinflation here?
[03:27.600 --> 03:32.000]  Why, you know, how is the dollar still, you know, going after all this abuse?
[03:32.000 --> 03:34.760]  Well, it's because it's used around the world.
[03:34.760 --> 03:39.800]  And I know this is, you know, again, people have normalcy bias and then there's the mainstream
[03:39.800 --> 03:41.440]  media who never talks about this.
[03:42.000 --> 03:45.600]  You know, it's always the stock markets, always Wall Street is very myopic.
[03:45.600 --> 03:51.000]  But really the reason the dollars has survived as long as this is an experiment, literally
[03:51.000 --> 03:53.560]  going off the gold standard in 71.
[03:53.560 --> 03:55.240]  This is an experiment.
[03:55.240 --> 03:57.880]  The average lifespan of a fiat currency is 26 years.
[03:57.880 --> 03:59.060]  That's what history teaches us.
[03:59.060 --> 04:06.360]  So we've doubled that, but we're losing all of the things that prop up this currency system.
[04:06.360 --> 04:10.880]  And it's going to, I don't, you know, we don't have David and I don't have a, you know, crystal
[04:10.880 --> 04:13.560]  ball. We don't know when this is going to drop.
[04:13.560 --> 04:18.160]  And as far as the strength of the dollar and the rest, but you can see the storm clouds
[04:18.160 --> 04:22.640]  on the horizon for the supremacy of the dollar, just not looking good, especially when our
[04:22.640 --> 04:29.080]  government doesn't have any plans to, you know, they're not brokering any deals here
[04:29.080 --> 04:30.080]  in our favor.
[04:30.080 --> 04:31.760]  They're not even trying to make a mistake.
[04:31.760 --> 04:34.400]  So it is interesting to watch, David.
[04:34.400 --> 04:37.600]  And you know, the point that you're making about how you just hear anything about it
[04:38.480 --> 04:41.480]  Even in most of the alternative media, that was the very first thing that Brian Shulhoffy
[04:41.480 --> 04:42.480]  said.
[04:42.480 --> 04:45.960]  He said, look, it's not even zero hedge is not talking about it, you know, zero hedge
[04:45.960 --> 04:49.080]  alternative media, focused on financial stuff.
[04:49.080 --> 04:50.280]  They're not even talking about it.
[04:50.280 --> 04:57.880]  He said to find more of a discussion on this, he had to go to a, the business standard out
[04:57.880 --> 05:03.640]  of Bangladesh to get a discussion of this because nobody is covering it, not even the
[05:03.640 --> 05:04.640]  alternative media.
[05:04.640 --> 05:11.360]  Nobody is so focused on the, you know, the reality TV show of this presidential election
[05:11.360 --> 05:16.120]  and all the crimes against each other and people being jailed and everything.
[05:16.120 --> 05:20.600]  Nobody's talking about the financial foundation of this country being rocked.
[05:20.600 --> 05:25.160]  And it is a big rocking of the foundation of this country.
[05:25.160 --> 05:29.640]  With all of this debt, like I pointed out yesterday, $56 trillion is what the Office
[05:29.640 --> 05:33.380]  of Management and Budget estimates is going to be within 10 years.
[05:33.380 --> 05:39.140]  And that's a very, very conservative estimate because in that estimate, they're not imagining
[05:39.140 --> 05:42.440]  that the spending is going up and they're not imagining that there's going to be tax
[05:42.440 --> 05:44.560]  cuts and both of those things are going to be happening.
[05:44.560 --> 05:47.860]  We know that's going to happen regardless of who becomes president.
[05:47.860 --> 05:53.780]  Well, we know one thing, this government and the central bank, when they have a problem,
[05:53.780 --> 05:54.780]  what do they do?
[05:54.780 --> 05:56.100]  They inflate their way out of it.
[05:56.100 --> 05:58.820]  That's what a fake currency does.
[05:58.820 --> 06:02.080]  The welfare warfare state, they inflate their way out of a problem.
[06:02.080 --> 06:07.080]  So when they do that, folks, what happens to the purchasing power of your dollar?
[06:07.080 --> 06:08.520]  It continues to go down.
[06:08.520 --> 06:14.720]  And so I think when we look into the future, you see the central banks around the world,
[06:14.720 --> 06:19.440]  which there's some stats coming out from the World Gold Council that's putting out these
[06:19.440 --> 06:22.120]  surveys they're doing with central banks.
[06:22.120 --> 06:26.720]  If you watch the mainstream media, financial networks, they don't even talk about central
[06:26.720 --> 06:28.640]  banks buying gold.
[06:28.840 --> 06:34.000]  They surveyed, most of the central banks surveyed see that there's going to be a continuance
[06:34.000 --> 06:39.760]  of central bank gold demand, but 81%, 81% of the central banks around the world surveyed
[06:39.760 --> 06:42.280]  said they see an increase in that.
[06:42.280 --> 06:44.160]  Now why isn't that headline news?
[06:44.160 --> 06:49.320]  All these analysts across the board are talking about stocks and they're wondering why gold
[06:49.320 --> 06:50.320]  is up.
[06:50.320 --> 06:52.480]  Well, it's not only gold is up, but it's breaking its all time high.
[06:52.480 --> 06:58.920]  As a matter of fact, I'm checking spot prices this morning, silver broke $30 again, which
[06:58.920 --> 07:02.720]  it should have done years ago, but it's at $30 and 60 cents a troy ounce, and gold's
[07:02.720 --> 07:03.720]  at $2,358.
[07:03.720 --> 07:09.400]  I mean, a year ago, David, we were talking gold, was it like $1,800?
[07:09.400 --> 07:15.960]  So when we were doing the same time last year talking, we were in the 1800s below 2000.
[07:15.960 --> 07:22.520]  So we are on a trajectory, and again, if you're watching this to see about investments,
[07:22.520 --> 07:26.640]  it's not that the dollars going up or that gold is going up, it's the dollars losing
[07:26.640 --> 07:32.520]  purchasing power and people are making bets around the world on where the dollar's headed.
[07:32.520 --> 07:36.520]  This is a, I think a very sophisticated game of chicken.
[07:36.520 --> 07:42.320]  The central bank here in the United States can't buy gold because it's at war with it.
[07:42.320 --> 07:45.240]  If you buy it, it's like you increase its power.
[07:45.240 --> 07:48.640]  So this is going to be, I don't think it's going to end well for the central banksters
[07:48.640 --> 07:49.640]  here.
[07:49.640 --> 07:55.520]  We got a long way to go, but I think the groundwork is being laid for, it's not that bricks that
[07:55.520 --> 07:59.760]  Brazil, Russia, India, China, South Africa, and Saudi Arabia are going to supplant the
[07:59.760 --> 08:00.760]  dollar.
[08:00.760 --> 08:03.320]  They're going to have some bricks currency that's going to supplant the supremacy of
[08:03.320 --> 08:04.320]  the dollar.
[08:04.320 --> 08:07.760]  It's that there's going to be a basket of all kinds of things, and I think gold will
[08:07.760 --> 08:14.120]  be at the top of that, where all these countries trading in gold outside of the system, that
[08:14.120 --> 08:18.440]  the weaponized dollar system that these countries want to move away from.
[08:18.440 --> 08:23.000]  So I think gold really is the world's reserve currency at this point.
[08:23.000 --> 08:27.000]  It's just that the other countries are moving away from the dollar system is going to, I
[08:27.000 --> 08:29.400]  think, ultimately crush the dollar's supremacy.
[08:29.400 --> 08:30.400]  Yeah.
[08:30.400 --> 08:31.400]  Yeah.
[08:31.400 --> 08:32.400]  Yeah.
[08:32.400 --> 08:34.360]  You've talked many times about how, and if we look at it, some people are saying, well,
[08:34.360 --> 08:35.960]  this is 80 years of a petrodollar.
[08:35.960 --> 08:40.000]  Well, it's not 80 years of a petrodollar, but it's 80 years of the dollar's the world's
[08:40.000 --> 08:41.760]  reserve standard.
[08:42.000 --> 08:46.240]  We had Bretton Woods won, as you talked about many times right after World War II.
[08:46.240 --> 08:50.960]  That was propping up the dollar with gold.
[08:50.960 --> 08:55.680]  And then when that was exposed as an obvious fraud, you had Nixon and Kissinger say, well,
[08:55.680 --> 09:00.200]  we'll prop it up with energy because everything was running on oil.
[09:00.200 --> 09:02.720]  And this is in this article from Brian Shalhavi.
[09:02.720 --> 09:08.960]  I thought it was kind of interesting because he talked about the geopolitics and the maneuvering
[09:08.960 --> 09:17.040]  of Kissinger in this and how his purpose really was to, you know, the OPEC embargo
[09:17.040 --> 09:21.880]  kicked off because we took the side of Israel in the Yom Kippur War, right?
[09:21.880 --> 09:27.880]  And yet it didn't hurt America, it hurt Europe because America had a lot of domestic production,
[09:27.880 --> 09:29.120]  so they were hurt worse than we were.
[09:29.120 --> 09:31.240]  We had gas lines and things like that.
[09:31.240 --> 09:32.240]  Everybody remembers that.
[09:32.240 --> 09:38.120]  And depending on whether your car tag was odd or even, you could get gas on an odd or
[09:38.160 --> 09:40.240]  even day, that type of deal.
[09:40.240 --> 09:41.240]  So there was a little bit of rationing.
[09:41.240 --> 09:44.480]  There was a big spike in the prices, but it really hurt Europe even worse than it did
[09:44.480 --> 09:48.880]  us, even though Europe was not the target directly of that OPEC embargo.
[09:48.880 --> 09:54.960]  But what his point was is that other people believe that what Kissinger was doing was
[09:54.960 --> 10:03.200]  kind of targeting, you know, to make Europe weaker and also targeting to break the influence
[10:03.280 --> 10:09.800]  of these European oil companies like BP or Shell or other ones like that, and to put
[10:09.800 --> 10:13.080]  the United States into that position.
[10:13.080 --> 10:18.200]  And when I saw that, they didn't make the analogy to what's going on in Europe right
[10:18.200 --> 10:21.600]  now with the natural gas pipelines from Russia.
[10:21.600 --> 10:28.080]  But many people have said that's maybe the underlying issue with this Russian war, a
[10:28.080 --> 10:36.920]  big part of it for the Biden cartel people to break Europe again on that energy issue.
[10:36.920 --> 10:41.360]  And so at the time they put this together, they got all the United Arab Emirates and
[10:41.360 --> 10:45.840]  Qatar and Libya, Iran, Kuwait, Iraq, all these different ones.
[10:45.840 --> 10:46.840]  They brought this in.
[10:46.840 --> 10:47.840]  It wasn't just the Saudis.
[10:47.840 --> 10:49.080]  They all were doing this.
[10:49.080 --> 10:53.560]  And now, as you pointed out before, Iraq is saying, well, we're not even going to allow
[10:53.560 --> 10:55.160]  the U.S. dollar to be traded here.
[10:55.200 --> 11:00.040]  I mean, they're turning against the dollar with a vengeance because the way it has been
[11:00.040 --> 11:02.840]  weaponized against everybody is amazing.
[11:02.840 --> 11:11.400]  It reminds me when I look at Biden, that clip from Star Wars where Princess Leia says to
[11:11.400 --> 11:15.240]  Darth Vader, you know, the tighter you squeeze, the more this is going to come through your
[11:15.240 --> 11:18.120]  fingers or whatever, like, you know, like water or something, something to that effect.
[11:18.120 --> 11:19.120]  I'm paraphrasing it.
[11:19.120 --> 11:20.400]  But, you know, that's really what is happening.
[11:20.400 --> 11:25.880]  The tighter that Biden tries to squeeze everybody, the more this all slips through his fingers,
[11:25.880 --> 11:26.880]  it seems like.
[11:28.120 --> 11:29.120]  Well, it's true.
[11:29.120 --> 11:32.720]  And, you know, again, the calls are coming from inside the House.
[11:32.720 --> 11:37.800]  We know that the reach of the World Economic Forum, the globalist really is the deep state
[11:37.800 --> 11:38.560]  here in the United States.
[11:38.560 --> 11:43.240]  That's why you talk about Kissinger setting up American influence.
[11:43.240 --> 11:47.040]  That's kind of bizarre now, if you think about it, because nobody here in this government
[11:47.080 --> 11:52.440]  trying to set up American influence almost anywhere except for places that like Taiwan,
[11:52.440 --> 11:53.920]  for example.
[11:53.920 --> 11:54.920]  What is that?
[11:54.920 --> 11:55.920]  It's schizophrenic.
[11:55.920 --> 12:00.960]  We, you know, we ceded Taiwan to the Chinese in 1979, officially, we broke diplomatic relations
[12:00.960 --> 12:01.960]  with Taipei.
[12:01.960 --> 12:06.080]  That's an official document with Zygmunt Brzezinski and Jimmy Carter.
[12:06.080 --> 12:12.080]  You know, Nixon and Kissinger gave Mao a verbal promise on Taiwan in 1972 saying it's a one
[12:12.080 --> 12:13.080]  China policy.
[12:13.120 --> 12:18.800]  We abandoned what we used to call Formosa, you know, during the Cold War.
[12:18.800 --> 12:24.280]  So it's interesting, you know, looking at the agreement that you talked about Kissinger
[12:24.280 --> 12:29.000]  setting up, you know, really our first relations with the House of Saud and American influence
[12:29.000 --> 12:33.200]  goes back to around the times of Bretton Woods and the United States and Franklin Roosevelt
[12:33.200 --> 12:38.640]  and saying, we'll give American protection for this, you know, Middle Eastern oil.
[12:38.640 --> 12:43.180]  We've had that, that connection for, for decades and decades, but it's interesting
[12:43.180 --> 12:48.960]  now to watch it wane, you know, in the face of like losing the Petrodollar.
[12:48.960 --> 12:52.080]  And you got to think about Kissinger wanted American influence there.
[12:52.080 --> 12:54.160]  What is the issue now that we want?
[12:54.160 --> 12:55.160]  It's complete chaos.
[12:55.160 --> 13:00.960]  It doesn't make any sense unless you're talking about taking America's influence and destroying
[13:00.960 --> 13:02.080]  it from the inside.
[13:02.080 --> 13:03.280]  That's the only thing I can think of.
[13:03.280 --> 13:04.760]  I mean, this is conspiracy.
[13:04.760 --> 13:06.480]  This is conspiratorial conjecture, but
[13:06.840 --> 13:09.800]  Well, you know, Kissinger was also heavily involved and always there with the Bilderberg
[13:09.800 --> 13:13.920]  Group and he also opened up, he and Nixon opened up to China.
[13:13.920 --> 13:19.440]  And I think it was, he was trying to, you know, to have an American dominance was really
[13:19.440 --> 13:24.920]  kind of a stepping stone for these people to then be able to transfer it over to China.
[13:24.920 --> 13:26.520]  All they care about is being in charge.
[13:26.520 --> 13:29.960]  They have no loyalty to anyone or any nation, right?
[13:29.960 --> 13:32.400]  They just want to make sure that they're in charge.
[13:32.440 --> 13:39.360]  And so I think that their concern about making America great was just a transitional period
[13:39.360 --> 13:42.680]  so that they could get what they really wanted out of China.
[13:42.680 --> 13:44.680]  China is the perfect model for them.
[13:44.680 --> 13:52.080]  You know, it's a corrupt, authoritarian, totalitarian regime, slave labor and all the rest of this
[13:52.080 --> 13:56.960]  stuff, counterfeiting, piracy, all the rest of this, I mean, China is the perfect model
[13:56.960 --> 13:57.960]  for them.
[13:57.960 --> 14:00.080]  You know, when you're talking about, by the way, when you're talking about Taiwan, I think
[14:00.080 --> 14:04.760]  I got an insight into why this is starting to get so important to them.
[14:04.760 --> 14:11.720]  It's been said for quite some time that Taiwan is incredibly important in the semiconductor
[14:11.720 --> 14:13.920]  industry, especially in the high end chips.
[14:13.920 --> 14:18.280]  Yesterday, as people were talking about Nvidia and the fact that it's gone up since the first
[14:18.280 --> 14:26.160]  one on the stock market in 1999, it's gone up by six hundred thousand percent that Nvidia
[14:26.160 --> 14:32.480]  has only one manufacturing facility that makes all of their chips now that it is the
[14:32.480 --> 14:34.880]  world's most valuable company.
[14:34.880 --> 14:40.000]  And that one facility is in Taiwan.
[14:40.000 --> 14:41.000]  So there you go.
[14:41.000 --> 14:43.800]  That's why they're going to protect Taiwan, I guess.
[14:43.800 --> 14:45.800]  It's a huge pivot.
[14:45.800 --> 14:51.280]  You know, foreign policy wise, you know, if you go back to the the 1970s, we opened China.
[14:51.280 --> 14:55.440]  And again, you don't see these kind of moves anymore, which is very alarming.
[14:55.760 --> 14:59.520]  If you're paying attention to geopolitics, we're not making any moves on the grand chessboard
[14:59.520 --> 15:05.120]  except for things that really put us in a fast track for kinetic warfare, which is that's
[15:05.120 --> 15:06.160]  why I'm alarmed by it.
[15:06.160 --> 15:07.960]  That's why we're talking about it.
[15:07.960 --> 15:09.160]  It makes no sense.
[15:09.160 --> 15:13.200]  And I think you're talking about some of those, the plants there in Taiwan, from what I've
[15:13.200 --> 15:16.400]  read, that they've got like plans to self-destruct.
[15:16.400 --> 15:20.280]  They've got like they can push a button and all of a sudden it destroys everything.
[15:20.280 --> 15:24.040]  If that's if that's true, you know, is China going to make a move on that?
[15:24.080 --> 15:24.960]  I don't know.
[15:26.960 --> 15:31.320]  I don't know if you ever saw the Peter Sellers on the party, the next round of movie.
[15:31.320 --> 15:32.520]  And he's like taking his way.
[15:32.520 --> 15:36.400]  He leans and they've got this one take where they're going to blow up everything.
[15:36.720 --> 15:40.200]  And before they get the camera rolling, he's an extra and he just, he just pushes the
[15:40.200 --> 15:42.200]  button by mistake and blows everything up.
[15:42.200 --> 15:43.120]  I hope that doesn't happen.
[15:43.120 --> 15:46.440]  And then bring back Peter Sellers.
[15:46.840 --> 15:47.880]  Take the whole thing out.
[15:48.360 --> 15:53.680]  You see too that, um, the Chinese, uh, the Chinese president has been talking about
[15:53.680 --> 15:56.800]  how the U S was trying to, to go them into war.
[15:57.120 --> 15:57.640]  Did you see that?
[15:57.640 --> 16:01.360]  It was a headline, I think on RT a couple of days ago.
[16:01.720 --> 16:05.720]  So, you know, we're, this is a really strange time, you know, whatever is happening
[16:05.720 --> 16:09.360]  with the global markets and everything else and where payment systems are going
[16:09.360 --> 16:13.520]  to be, I'm over here, I'm watching both the fronts of the currency war and the
[16:13.560 --> 16:18.200]  actual, hopefully not, but that's what looks like a kinetic war that, that, uh,
[16:18.200 --> 16:20.480]  that they're trying to manufacture right now, David.
[16:20.640 --> 16:25.480]  Well, you know, as part of this article to bring it up to the current time, we're
[16:25.480 --> 16:31.480]  talking about the fact that even though, uh, the Biden, uh, cartel has been unable
[16:31.480 --> 16:35.280]  to sign any deal with the Saudis and they're going with the Chinese on the
[16:35.280 --> 16:40.560]  financial stuff, uh, they, their fallback position was to try, and they still
[16:40.560 --> 16:46.040]  haven't secured even this was to try to make sure that, uh, militarily we were
[16:46.040 --> 16:49.680]  still going, you know, that was one part of the petro dollar, uh, we'll sell you
[16:49.680 --> 16:53.640]  all the advanced military equipment we've got and your, your part of the deal
[16:53.640 --> 16:57.720]  is that you're going to make sure that the oil is sold in us dollars.
[16:58.200 --> 17:01.160]  But now what they're saying is, well, let's still do this military deal.
[17:01.360 --> 17:06.120]  Uh, don't have any Chinese bases there and we'll give you access to, um, all
[17:06.120 --> 17:09.200]  the military stuff, cause that seems to be our only product anymore is war.
[17:09.800 --> 17:14.000]  And I don't know how that's going to continue to, uh, to operate.
[17:14.000 --> 17:17.200]  I mean, we're, we're at the point where this, this country has become
[17:17.200 --> 17:21.520]  so spoiled with, um, uh, and soft with all this stuff.
[17:21.520 --> 17:22.520]  It's just like Boeing.
[17:22.520 --> 17:24.840]  I don't know how, how long we're going to be able to maintain
[17:25.120 --> 17:26.600]  any technological dominance.
[17:26.600 --> 17:29.080]  And even if we have technological dominance in these things,
[17:29.120 --> 17:30.240]  is that going to be enough?
[17:30.720 --> 17:33.640]  Uh, I think that, uh, as Gerald Slinty has always said, you know, when
[17:33.640 --> 17:37.080]  every, when people lose everything, uh, you know, they lose it.
[17:37.160 --> 17:39.720]  And, uh, when it gets really bad, the government takes us to war.
[17:39.720 --> 17:42.800]  Well, they've already declared that their intention, the technocrats
[17:42.800 --> 17:44.480]  intention is to take everything from us.
[17:44.920 --> 17:50.080]  So it's therefore, uh, their intention to take us to war as well.
[17:51.520 --> 17:52.560]  I think you're right.
[17:52.800 --> 17:57.800]  You know, the IMF has been warning that, uh, AI is going to, uh, is
[17:57.800 --> 17:59.520]  creating massive inequality.
[17:59.520 --> 18:01.800]  It's going to create an unsustainable inequality.
[18:01.800 --> 18:02.680]  It'll be the scapegoat.
[18:02.760 --> 18:03.120]  Yeah.
[18:03.520 --> 18:06.800]  It'll be a scapegoat, but that's, I think they'll blame a lot of things on that.
[18:06.800 --> 18:08.800]  It was a tweet I saw on gold telegraph.
[18:08.800 --> 18:11.480]  And he said, actually it's central banks that are creating inequality.
[18:11.960 --> 18:12.560]  And they do that.
[18:12.600 --> 18:15.320]  They do that again, you know, getting back to your point.
[18:16.520 --> 18:20.760]  If you really want to, you know, a thought experiment, what saves this system,
[18:21.000 --> 18:25.480]  what really props up continues to, this is an 80 years on after Bretton was the
[18:25.480 --> 18:30.200]  end of world war two, you know, America was, uh, was 5% of the world's population.
[18:30.200 --> 18:34.960]  We're still about that at 50% of the world's wealth, uh, Europe was in ashes.
[18:34.960 --> 18:38.520]  Japan was in ashes and we were rebuilding the world.
[18:38.520 --> 18:42.200]  You know, the new economic world order came out of Bretton woods in New Hampshire.
[18:42.680 --> 18:44.800]  And we've since broken those agreements.
[18:45.120 --> 18:48.720]  We created an experiment with our currency in 1971.
[18:49.040 --> 18:52.800]  You mentioned, you know, we mentioned, we talked about the oil embargo in 73.
[18:53.000 --> 18:55.280]  And that's when the petro dollar started.
[18:55.520 --> 18:59.240]  That's also the, you know, you're right, David, it's not, it's not these, these
[18:59.240 --> 19:02.080]  deals that were brokered, whether it's the salt treaty with Nixon, the
[19:02.240 --> 19:06.440]  strategic's arm limitations agreement, uh, whether it was, uh, Reagan with
[19:06.440 --> 19:10.240]  Reykjavik or all this, you don't see these kinds of deals made anymore, but it
[19:10.240 --> 19:14.680]  was really just, I think in a continuation to prop up that system long enough.
[19:14.680 --> 19:18.400]  It's like they can build golden parachutes because 1973 is very pivotal
[19:18.400 --> 19:21.200]  year that's the beginning of the trilateral commission.
[19:21.520 --> 19:25.120]  And you know that the technocrats, you're exactly right.
[19:25.120 --> 19:26.600]  There was a pivot towards Asia.
[19:26.600 --> 19:28.120]  That's why China was built up.
[19:28.120 --> 19:31.880]  That's why, you know, we, we brought in NAFTA here in the United States and
[19:31.880 --> 19:33.360]  North American free trade agreement.
[19:33.720 --> 19:36.560]  Uh, Ross Perot said it was going to be a giant sucking sound.
[19:37.080 --> 19:38.520]  Never before in history.
[19:38.520 --> 19:40.480]  Have you seen, and I've got books on my shelf.
[19:40.480 --> 19:43.680]  I was, I was been fascinated since I was a kid, but you know, Pat Buchanan
[19:43.680 --> 19:46.440]  wrote a book in 1997 called the great betrayal.
[19:46.720 --> 19:51.120]  And this was in 97, just watching that manufacturing disappear, watching these
[19:51.120 --> 19:55.280]  multinationals grow richer and richer as they moved away from the United States.
[19:55.280 --> 19:58.480]  That's why multinationals and corporations here don't fight for lower taxes.
[19:58.480 --> 20:00.080]  They don't fight for lower regulation.
[20:00.240 --> 20:03.600]  They don't, they don't care because they can just move around and throw these
[20:03.600 --> 20:07.800]  workers into a Darwinian contest of survival of the fittest within places
[20:07.800 --> 20:09.320]  like China that's, that you're right.
[20:09.320 --> 20:15.280]  It's a perfect model of authoritarianism, dystopian technology, you know,
[20:15.280 --> 20:20.640]  combined with the communist state to create this, you know, a top down
[20:20.640 --> 20:22.280]  system that the technocrats love.
[20:22.280 --> 20:24.480]  And it's, you know, the globalist, whatever you want to call them.
[20:24.880 --> 20:26.160]  They're all melded together.
[20:26.240 --> 20:30.320]  So America was like, put on this trajectory, put on this chopping block
[20:30.320 --> 20:32.160]  to siphon its wealth away.
[20:32.600 --> 20:35.240]  And, and so you wouldn't notice.
[20:35.560 --> 20:38.280]  So they give you all these products and they do bread and circus, you know, you
[20:38.280 --> 20:42.120]  can put your money in the stock market or what, you know, generations before
[20:42.120 --> 20:45.680]  that's it wasn't not a lot of people did that if you were in stocks, it was kind
[20:45.680 --> 20:47.800]  of this, you know, it was a niche deal.
[20:47.800 --> 20:49.240]  That was a business for you.
[20:49.400 --> 20:51.480]  Now they've got people in all kinds of products.
[20:51.480 --> 20:56.120]  There's, you know, 1974, David, it's the, the, the 401k was born.
[20:56.120 --> 20:57.240]  The IRA was born.
[20:57.440 --> 20:58.800]  They had to do all these things.
[20:59.120 --> 21:02.960]  So you wouldn't quite notice that the fact that you can't save your currency
[21:02.960 --> 21:07.200]  anymore and they're building this massive debt bomb, you mentioned the
[21:07.200 --> 21:10.600]  congressional budget off $56 trillion.
[21:10.840 --> 21:14.920]  We're at 130% of debt to GDP right now.
[21:16.080 --> 21:19.200]  I mean, every 90 to a hundred days, we go a trillion dollars in debt.
[21:19.200 --> 21:20.880]  It took us 200 years to do that.
[21:21.280 --> 21:24.840]  So getting back to all of this and what we were talking about, like these little
[21:24.880 --> 21:28.560]  warning bells going off, whether it's Taiwan, whether it's Ukraine.
[21:29.320 --> 21:34.000]  And again, the fact that nobody here in this, whoever's in charge, you
[21:34.000 --> 21:37.080]  gotta, you gotta make Machiavelli and Mike.
[21:37.080 --> 21:39.680]  He does look like a little skeeving little backstabber.
[21:39.680 --> 21:40.200]  Doesn't he?
[21:40.200 --> 21:42.520]  Yeah, he acts like one.
[21:42.520 --> 21:45.280]  He has actually stabbed us in the back multiple times already.
[21:45.920 --> 21:48.480]  He kind of looks like one, you know, it just like, he's got that, he's
[21:48.480 --> 21:50.160]  got that, uh, that look about him.
[21:50.160 --> 21:54.760]  And I just think, you know, this is, there's nobody talking about any
[21:54.760 --> 21:56.000]  kind of fiscal sanity.
[21:56.280 --> 21:59.360]  So we, the people, if you're paying attention, try not to, try not to
[21:59.360 --> 22:03.240]  get so engrossed into the hype, whether it's Hunter Biden's conviction
[22:03.240 --> 22:05.600]  or Trump or what's happening with election.
[22:06.360 --> 22:08.160]  I could care less about the election.
[22:08.160 --> 22:10.440]  Honestly, I don't think any policy will change.
[22:10.440 --> 22:11.600]  I know that upsets people.
[22:11.600 --> 22:12.520]  I lose listeners.
[22:12.520 --> 22:15.440]  I don't see any way that any real policy changes.
[22:15.440 --> 22:18.600]  I mean, you have Trump talking about crypto, but let's not forget.
[22:18.600 --> 22:20.720]  I mean, under Biden, you had the Bitcoin ETFs.
[22:21.000 --> 22:24.640]  Biden doesn't rule that Larry Fink from BlackRock does folks.
[22:24.640 --> 22:26.640]  It doesn't matter what Trump wants on crypto.
[22:26.640 --> 22:27.280]  I'm sorry.
[22:27.280 --> 22:30.680]  I know a lot of my crypto friends and I, I like crypto and I love Bitcoin,
[22:31.040 --> 22:37.520]  but, you know, policy is dictated by the banking establishment policies, not
[22:37.520 --> 22:38.800]  dictated by the president.
[22:38.800 --> 22:42.080]  I mean, unless you actually had a real active president, but I mean, come
[22:42.080 --> 22:43.440]  on, who's really going to do that.
[22:43.760 --> 22:46.960]  It's just like saying I'm going to get rid of the income tax and all the
[22:46.960 --> 22:49.240]  taxes of the border, you and I have talked about that.
[22:49.240 --> 22:52.400]  I think that would be a superior to what we have, but there's no way that's
[22:52.400 --> 22:55.080]  going to happen because there's too much vested interest there.
[22:55.280 --> 22:56.520]  It'd be too disruptive.
[22:56.840 --> 22:58.880]  And of course, it's just a campaign promise.
[22:58.880 --> 23:02.240]  And we've seen the record of how he handles his campaign promises.
[23:02.240 --> 23:07.960]  He's not any more interested in, in fulfilling his promises to us that he
[23:07.960 --> 23:11.200]  makes during the campaign than the promises that he made to his wives
[23:11.200 --> 23:12.800]  before he got married to them.
[23:13.200 --> 23:15.120]  Let's talk about, you mentioned IRA.
[23:15.120 --> 23:18.160]  I got a question here from, I've got a couple of questions for you.
[23:18.520 --> 23:22.520]  Uh, this is from Colton Kimberly, uh, for Tony question.
[23:22.520 --> 23:25.440]  Can you explain a little bit about the gold IRA?
[23:25.800 --> 23:32.280]  My employer matches my contributions to my 401k and human resources says, I
[23:32.280 --> 23:35.080]  can't change to a gold IRA.
[23:35.240 --> 23:36.920]  Well, that's not really true, right?
[23:38.440 --> 23:42.120]  They may not make matching contributions into it, but if they put it into another
[23:42.120 --> 23:45.880]  IRA, he could always roll it over into a metals IRA, right?
[23:46.440 --> 23:47.080]  Absolutely.
[23:47.400 --> 23:52.120]  Like if you've got a four, an existing 401k now, because of your employers
[23:52.600 --> 23:56.320]  procedures or whatever it might be with the company that they're with, the HR
[23:56.320 --> 24:00.640]  system, you may not be able to do much with the 401k that you've got now.
[24:00.640 --> 24:04.480]  You can ask your 401k manager if you can put it into gold stocks.
[24:04.480 --> 24:07.960]  I've seen that where you can at least get into the silver and gold mining
[24:07.960 --> 24:10.640]  stock arena with, with your 401k.
[24:10.920 --> 24:14.080]  Well, what you could do is go ahead and set up your gold and silver
[24:14.080 --> 24:15.600]  precious metals IRA now.
[24:16.040 --> 24:17.080]  So it's ready to go.
[24:17.080 --> 24:19.560]  And then when you're ready to roll over, like when you, eventually
[24:19.560 --> 24:21.000]  you're going to own that 401k.
[24:21.000 --> 24:24.720]  I mean, if you're going to move jobs or whatever under that parameter, or you can
[24:24.720 --> 24:29.600]  withdraw from it now and put it into a gold and silver IRA without penalty.
[24:29.840 --> 24:30.080]  Yeah.
[24:30.400 --> 24:33.720]  If you're vested in it, you can, if you're vested in it, can you roll?
[24:33.720 --> 24:34.120]  I don't know.
[24:34.120 --> 24:34.880]  I'm not going to count it.
[24:34.880 --> 24:39.600]  I don't know, but maybe if you were vested in your 401k, maybe at that point,
[24:39.600 --> 24:43.320]  then you can roll it over into another instrument, I guess, maybe.
[24:43.360 --> 24:43.560]  Yeah.
[24:43.560 --> 24:48.080]  So if you've got an existing 401k, you just set up a precious metals IRA.
[24:48.360 --> 24:50.920]  And then once you've got that, you can roll it over, like you can, you don't
[24:50.920 --> 24:53.840]  have to do it from, you know, if you've got the entire balance, you could take
[24:53.840 --> 24:58.240]  portions of it and move that over into a precious metals, physical precious
[24:58.240 --> 24:59.360]  metals IRA.
[24:59.640 --> 25:02.680]  And again, that's the reason you do that is from product to product.
[25:02.680 --> 25:04.320]  So you don't incur tax penalty.
[25:04.480 --> 25:07.400]  You just, it's just going for, it's just like moving an account balance.
[25:07.400 --> 25:09.240]  And it's all, it's all above board.
[25:09.240 --> 25:12.440]  You can, we have a company called new direction trust that we work with.
[25:12.440 --> 25:15.440]  And you definitely can get all your questions answered there.
[25:15.600 --> 25:20.440]  And I guess really the issue would be is, can you, you know, 401k
[25:20.440 --> 25:22.080]  is different than an IRA.
[25:22.080 --> 25:25.200]  If it's in an IRA, of course you can roll it anywhere you want to do.
[25:25.840 --> 25:29.960]  Uh, I don't know if you can get it out of the 401k into some kind of
[25:29.960 --> 25:34.200]  an IRA, if you're vested, excuse me, or if it has to stay there until
[25:34.200 --> 25:35.880]  you separate with them or something.
[25:35.880 --> 25:37.200]  So that would be the question.
[25:37.200 --> 25:38.600]  I think the central question about it.
[25:39.000 --> 25:41.800]  Uh, junior Barner says, Tony, I want to buy gold.
[25:42.200 --> 25:44.880]  Uh, why don't you take money orders?
[25:45.560 --> 25:46.080]  I do.
[25:46.480 --> 25:46.920]  Oh, okay.
[25:46.920 --> 25:47.480]  Absolutely.
[25:47.480 --> 25:48.360]  Just mail them to me.
[25:48.440 --> 25:49.360]  I need to know who you are.
[25:49.360 --> 25:51.880]  Don't make sure I have a return address and your phone number.
[25:51.880 --> 25:52.800]  I'll take money orders.
[25:52.800 --> 25:53.280]  That's fine.
[25:53.400 --> 25:53.720]  Okay.
[25:53.720 --> 25:54.040]  Good.
[25:54.280 --> 25:59.320]  Uh, atomic dog, Tony, do you see or know of a reason for the recent dip
[25:59.400 --> 26:02.000]  and silver prices that happened over the last month?
[26:02.360 --> 26:03.720]  Well, it's just gone back up again.
[26:03.720 --> 26:04.000]  Right.
[26:04.040 --> 26:04.680]  Is that correct?
[26:05.000 --> 26:05.520]  Yeah, it's up.
[26:05.560 --> 26:07.360]  It's up over a $30.
[26:07.360 --> 26:08.480]  It's, I think this is the highest.
[26:08.480 --> 26:11.880]  It's been now we're again, we're matching where we were, uh, a couple,
[26:11.880 --> 26:14.480]  three weeks ago, it's just some profit taking.
[26:14.920 --> 26:16.760]  I mean, that's really what it boils down to.
[26:16.760 --> 26:19.440]  There was some, some large entities and some, well, there was some
[26:19.440 --> 26:23.600]  profit taking and then a lot of people, uh, you know, they'll hold onto their
[26:23.600 --> 26:25.920]  silver for, for years if they have to.
[26:25.920 --> 26:30.400]  And when it be silver has been so depressed for so long, David and I've
[26:30.400 --> 26:34.200]  talked about that with, you know, JP Morgan getting convicted of suppressing
[26:34.200 --> 26:38.600]  the silver person, large entities, um, that have an active role in keeping
[26:38.600 --> 26:41.560]  the price of silver down so they can accumulate with, so when they does
[26:41.560 --> 26:47.040]  break through, uh, a lot of silver floods, the market, um, but I, I would
[26:47.040 --> 26:51.000]  look to see, you know, I would expect silver to continue doing what it's
[26:51.000 --> 26:51.720]  doing right now.
[26:51.720 --> 26:54.040]  I think there's, there's just too many deficits.
[26:54.040 --> 26:57.720]  So as we've talked about on this show, uh, many times, you know, the, I
[26:57.720 --> 27:04.000]  think the deficit last year was close to 200 million ounces that were missing.
[27:04.360 --> 27:09.400]  So like the above ground supply had to be eaten into it as just, just to fill
[27:09.400 --> 27:14.040]  orders for, you know, not only technology, but medicine and monetary issues
[27:14.040 --> 27:15.840]  and all the rest of that jewelry.
[27:16.320 --> 27:19.880]  So the, the, the deficits expected to be something like that this year.
[27:19.880 --> 27:21.360]  So that cannot go on forever.
[27:21.360 --> 27:25.560]  I mean, there's hundreds of millions of ounces and deficits can't go on in
[27:25.560 --> 27:28.480]  this and the demand only increases, whether you're talking about
[27:28.480 --> 27:30.280]  solar or monetary issues.
[27:30.680 --> 27:34.440]  You know, just two days ago, this headline on Kitco can silver prices
[27:34.480 --> 27:38.960]  sustain slowing momentum in the green energy transition?
[27:39.560 --> 27:42.960]  And so, um, you know, that's, that's the question is you look at the, them
[27:42.960 --> 27:47.960]  being consumed, uh, in the, um, uh, you know, the solar panels and things like
[27:47.960 --> 27:52.320]  that, uh, if that slows a little bit, you know, that might slow silver, but
[27:52.360 --> 27:55.000]  it's, they're continuing to push that pretty hard.
[27:55.400 --> 27:59.440]  Uh, so between that and other electronic uses, I think that's going
[27:59.440 --> 28:03.440]  to continue to be a real, uh, push on the prices of silver.
[28:03.720 --> 28:08.080]  And then we have a couple of, uh, predictions from a couple of different
[28:08.080 --> 28:13.920]  banks, uh, Wells Fargo is saying in terms of gold, gold price will churn for
[28:13.920 --> 28:17.680]  the next six months and then rally back to record highs.
[28:17.680 --> 28:19.360]  That's their take on it.
[28:19.600 --> 28:24.720]  And if you look at, uh, another bank, uh, Saxo bank is saying gold and silver
[28:25.080 --> 28:28.800]  are caught in a prolonged consolidation, but prices will head higher.
[28:29.200 --> 28:31.240]  I think everybody understands what the fundamentals are.
[28:31.640 --> 28:36.080]  They understand what the fundamental problems are with, uh, the American dollar
[28:36.080 --> 28:37.520]  and what is going on in America.
[28:37.880 --> 28:40.520]  And I think that they are, they're looking at gold and silver.
[28:40.520 --> 28:43.040]  That's why they're looking at it after the election, cause there's going to be
[28:43.360 --> 28:47.000]  a lot of distraction and manipulation before the election.
[28:47.320 --> 28:49.320]  Uh, but I think it'll be after the election that you're going
[28:49.320 --> 28:51.120]  to continue to see this, um, go.
[28:52.440 --> 28:52.600]  Yeah.
[28:52.600 --> 28:56.520]  I think the wheels are off as far as like cheap metals in our lifetime.
[28:56.520 --> 29:02.600]  And you may see maybe one more dip, uh, like we saw in the first quarter of 2020
[29:02.600 --> 29:07.400]  with the lockdowns, but I, you know, that's, that's when, uh, silver went down
[29:07.400 --> 29:11.440]  to like $12, $13 an ounce and people were calling me trying to lock in trades
[29:11.440 --> 29:12.240]  and I couldn't lock it in.
[29:12.240 --> 29:14.320]  There was, there was no silver to be had.
[29:14.320 --> 29:18.040]  I mean, when the prices go down like that, it's, it's not real.
[29:18.200 --> 29:22.320]  The same thing with gold with the central banks buying David, this, you
[29:22.320 --> 29:26.400]  know, $2,300 an ounce gold, I think we've reached resistance point.
[29:26.400 --> 29:30.080]  You're never going to see, I mean, unless there's just a massive depression
[29:30.080 --> 29:33.160]  or something, something crazy happens in the market, $2,000 an ounce.
[29:33.160 --> 29:36.560]  I mean, that's when, you know, I remember when I was hosting for
[29:36.560 --> 29:42.640]  you filling in four years ago, uh, August 6th, 2020 gold broke its all time high.
[29:42.920 --> 29:47.160]  I was live on air hosting your show in Austin and, uh, I mean, it had
[29:47.160 --> 29:49.400]  Gerald Salente on that day is of all things.
[29:49.400 --> 29:50.560]  I'm just watching that happen.
[29:50.560 --> 29:54.960]  And you know, then the, they went on for years with dipping under 2000.
[29:54.960 --> 29:58.920]  And then all of a sudden you see this year, this last, this last eight months
[29:58.920 --> 30:03.720]  or so, and it's just all time high after all time high, I think we're in the age
[30:03.720 --> 30:07.040]  of gold, there's the dollars waning is all the things that we've talked about.
[30:07.040 --> 30:08.840]  And you, you know, again, you turn on the financial networks.
[30:08.840 --> 30:11.000]  They have no idea what's happening.
[30:11.000 --> 30:13.360]  What's the, why is the demand of gold up?
[30:13.360 --> 30:16.560]  I mean, um, a friend, Charlie Robinson, host of macroaggressions
[30:16.560 --> 30:21.560]  sent me an article today of a gold bar vending machines, uh, in I think
[30:21.560 --> 30:24.400]  South Korea, gold bar vending machines.
[30:24.400 --> 30:29.680]  And, uh, my brother sent me a video yesterday of an actual gold back
[30:29.840 --> 30:31.640]  ATM that they're about to roll out.
[30:31.640 --> 30:34.320]  So they're going to put these in like major retailers where you can buy
[30:34.320 --> 30:36.120]  gold backs, just with your credit card.
[30:36.120 --> 30:38.240]  And those are just going to dispense it out of the ATM.
[30:38.960 --> 30:43.720]  The, the, the demand is something I never, I didn't think I'd see this soon.
[30:43.720 --> 30:47.200]  I thought it was going to be something I, you know, as I start to retire, you
[30:47.200 --> 30:51.040]  know, there would be this, this awareness, but it's happening a lot faster than I
[30:51.040 --> 30:54.640]  thought, and, uh, you're just seeing regular people that have never thought
[30:54.640 --> 30:58.480]  about their currency before starting to pay attention and that's, that's, and
[30:58.480 --> 31:01.760]  if, if Americans are paying attention, that means that the rest of the world
[31:01.760 --> 31:03.320]  has been paying attention for years.
[31:03.320 --> 31:04.880]  You know, that's, that's right.
[31:05.160 --> 31:05.520]  Yeah.
[31:05.560 --> 31:08.720]  When we look at this, you stop and think about it, uh, you know, going
[31:08.720 --> 31:12.560]  back to Bretton Woods too, right after world war two ended, um, this has been
[31:12.560 --> 31:18.040]  going on pretty much, uh, longer than anybody who's, uh, anybody's living memory.
[31:18.400 --> 31:20.120]  Uh, you'd have to be way over 80.
[31:20.120 --> 31:22.480]  You're still a child, you know, when this thing was established.
[31:22.480 --> 31:27.160]  So we haven't really lived in a, in a world or in an America where America
[31:27.160 --> 31:31.160]  did not have the dominance and, uh, this is going to be a very different thing.
[31:31.160 --> 31:36.200]  I look at it and, um, it's going to be interesting times, you know, it's going
[31:36.200 --> 31:39.720]  to be, uh, it's going to be an opportunity, plus it's going to be danger.
[31:39.720 --> 31:43.360]  It'll be an opportunity for us to get a little bit freer, I think, uh, from a
[31:43.360 --> 31:46.360]  federal government because that's been their superpower to be able to bribe
[31:46.360 --> 31:47.760]  and blackmail people with that money.
[31:48.080 --> 31:51.520]  Uh, but it's also going to be a very challenging time for us economically.
[31:51.840 --> 31:56.160]  And one of the things in this article, uh, that, uh, Brian Shalhavi had,
[31:56.520 --> 31:59.880]  he had a report from a guy with the Atlantic and he said, he actually
[31:59.880 --> 32:03.720]  went to Saudi Arabia and he talked to a lot of people there about America.
[32:03.720 --> 32:07.280]  Many of these people had, uh, been educated in the United States, spent
[32:07.280 --> 32:09.640]  a great deal of time there, maybe got a PhD or whatever.
[32:09.640 --> 32:13.800]  One, one guy that he, that got a PhD in America, he said, America is just
[32:13.800 --> 32:17.360]  coming apart at the seams and I hate to see it happen because I really love the
[32:17.360 --> 32:20.680]  country, but that's the view from the outside and that really is the view
[32:20.680 --> 32:22.240]  from the inside if we pay attention.
[32:22.520 --> 32:25.400]  And so with that happening and with the fact that it's not just the
[32:25.400 --> 32:30.280]  loss of the petro dollar, but it's this new thing that nobody has ever seen
[32:30.280 --> 32:34.880]  before, nobody in living memory has ever seen a situation where America is
[32:34.880 --> 32:39.840]  not the reserve currency and none of us have seen anything like what's coming
[32:39.840 --> 32:45.320]  with CBDC that's why I lean toward gold and silver because I want to be, I
[32:45.320 --> 32:49.600]  want to have something that is outside of that control system and I want to
[32:49.600 --> 32:53.520]  have something that's outside of this system that is going to rapidly collapse
[32:53.520 --> 32:54.240]  at some point.
[32:54.240 --> 32:56.800]  We don't know when that's going to happen, but it's inevitable that it's
[32:56.800 --> 32:57.440]  going to happen.
[32:57.560 --> 33:00.840]  These are two things that we've never lived through and so we don't really
[33:00.840 --> 33:03.960]  know what's going to happen, but we've got a general idea that's going to be
[33:03.960 --> 33:07.200]  very difficult, especially if you're only assets or dollar valued.
[33:07.200 --> 33:11.240]  I think that's a gold, silver Bitcoin, if you're comfortable with that.
[33:11.400 --> 33:17.120]  But, you know, the thing is, is that it's going to happen and the CBDC stuff, I
[33:17.120 --> 33:20.640]  think one of the most ominous things about it is that not only did Saudi
[33:20.640 --> 33:26.560]  Arabia leave the petro dollar, but they jumped in with the Chinese on a CBDC
[33:26.640 --> 33:31.080]  thing that is attached to the Bank of International Settlements, the worst
[33:31.080 --> 33:32.000]  case scenario.
[33:32.480 --> 33:36.240]  The central bank of central banks, that's where all the gold went in 1933 folks.
[33:36.240 --> 33:38.320]  This is, these are old institutions.
[33:38.320 --> 33:41.960]  They've been planning this for as long as I can, I started researching, you
[33:41.960 --> 33:45.640]  know, when I first, the first time I went on your show, we talked about the, the
[33:45.640 --> 33:50.200]  cover of the economist magazine from 1989 and says ready for world currency.
[33:50.200 --> 33:51.720]  They've been talking about this for years.
[33:52.040 --> 33:54.200]  Now they have the technology, they got blockchain.
[33:54.920 --> 33:58.480]  Somebody asked me the other day, he said, don't you think Bitcoin is like a
[33:58.480 --> 34:03.560]  setup to get people interested in using electronic currency and cryptocurrency?
[34:03.560 --> 34:06.560]  And then they're going to transition into the central bank digital currency.
[34:06.560 --> 34:09.840]  I said, actually, if that, that was their plan, it's going to have a huge
[34:09.840 --> 34:15.720]  backfiring and because again, the people that like you look at Nigeria, they
[34:15.720 --> 34:17.880]  rejected the central bank digital currency.
[34:18.520 --> 34:22.800]  They loved Bitcoin, the banksters rolled out the CBDC, they rejected it.
[34:23.040 --> 34:26.320]  And what it does, I think a lot of this, the conversations that we're having
[34:26.320 --> 34:27.920]  now, I'm very optimistic.
[34:27.960 --> 34:31.560]  I think we have, and I, I'm glad we have the challenges that we do.
[34:31.560 --> 34:33.440]  I think God has us here for a reason.
[34:33.440 --> 34:38.320]  If I can go so far as to say, I think we, I think it's, it's pure evil that
[34:38.320 --> 34:42.160]  we're up against, so know your enemy, but just be thankful that we have an
[34:42.160 --> 34:45.880]  opportunity to show, you know, an alternative, I think that's the best
[34:45.880 --> 34:48.080]  thing that the elites have no alternative.
[34:48.080 --> 34:52.920]  So if you're talking about central bank digital currency, we we've been having
[34:52.920 --> 34:56.560]  this conversation about crypto and gold and silver for so many years now, and
[34:56.560 --> 35:00.720]  especially with the loss of everything with, with the trust in the dollar system.
[35:01.000 --> 35:02.120]  People are asking questions.
[35:02.120 --> 35:02.840]  This is good.
[35:03.240 --> 35:04.360]  People should ask questions.
[35:04.360 --> 35:06.080]  It should be a better conversation.
[35:06.080 --> 35:10.400]  Cause when you ask those questions, you find out how fake the whole system is
[35:10.400 --> 35:13.400]  and how evil the central bank, it's evil.
[35:13.440 --> 35:14.040]  That's what it is.
[35:14.040 --> 35:15.760]  It's not, it's not economic.
[35:16.040 --> 35:17.920]  It's not, it's, it's not political.
[35:18.080 --> 35:19.360]  It's pure satanic.
[35:19.480 --> 35:20.000]  That's what it is.
[35:20.000 --> 35:21.720]  They want to control everything you do.
[35:21.720 --> 35:22.920]  They want to shut down dissent.
[35:22.920 --> 35:24.080]  It's the end of politics.
[35:24.080 --> 35:25.280]  It's the end of history.
[35:25.640 --> 35:29.360]  But the good news is you see people decentralizing all over the world.
[35:29.640 --> 35:32.680]  Yeah, you know, how are people going to go from, I'm, I want to
[35:32.720 --> 35:36.080]  collect gold beans, you know, for my future and I can sell these on the exchange
[35:36.080 --> 35:40.640]  or I've got something liquid and I'm hedging against inflation and uncertainty
[35:40.640 --> 35:44.320]  to, oh yeah, I'll download this and this will be, you know, this is my social
[35:44.320 --> 35:45.960]  credit score currency.
[35:46.320 --> 35:46.960]  I don't see that.
[35:47.160 --> 35:51.080]  I mean, it's, it's going to be, it can be very difficult for them to sell this.
[35:51.080 --> 35:55.640]  They can force you, they can force you all they want, but I don't think that
[35:55.640 --> 35:59.560]  it's going to be something that is going to ultimately be a success in the way
[35:59.600 --> 36:00.280]  that they see it.
[36:00.280 --> 36:04.120]  As long as we resist and build the parallel systems, you see the states here
[36:04.120 --> 36:08.600]  in the, in this country start to build their own, you know, it's gold and silver
[36:08.600 --> 36:14.120]  vaults and exchange systems and, uh, make gold and silver legal tender, uh, places
[36:14.120 --> 36:18.400]  like Oklahoma have passed a massive deregulation on cryptocurrency, which I
[36:18.400 --> 36:20.560]  love to see, and that's real crypto.
[36:20.880 --> 36:24.160]  And some places that are even looking at other States, uh, what's it, we're
[36:24.160 --> 36:28.440]  talking about last week with Nebraska, that, um, you know, they've made it
[36:28.440 --> 36:31.360]  illegal, they're going to make it illegal for you to have a central bank
[36:31.360 --> 36:32.120]  digital currency.
[36:32.600 --> 36:33.360]  I love this.
[36:33.360 --> 36:33.880]  I love this.
[36:33.880 --> 36:34.520]  These headlines.
[36:34.520 --> 36:36.360]  And so the awareness is there.
[36:36.800 --> 36:40.280]  Uh, I'm not, I'm not doom and gloom, but I am, I am vigilant.
[36:40.320 --> 36:44.120]  I think that we've got to, we got to continue to fight and build better systems.
[36:44.360 --> 36:44.560]  Yeah.
[36:44.560 --> 36:46.000]  It's going to be very interesting times.
[36:46.000 --> 36:48.440]  It's going to be difficult times and you need to make some kind of
[36:48.440 --> 36:49.800]  preparation, lots of different things.
[36:49.800 --> 36:53.400]  Learn how to grow food, learn skills, uh, get into something that is not
[36:53.400 --> 36:56.360]  under their control, whether it's gold, silver, Bitcoin, anything like that.
[36:56.480 --> 36:58.320]  The more of these things that we got, the better, you know,
[36:58.360 --> 37:00.640]  I mean, I don't want it to all be in just one thing because it'll
[37:00.640 --> 37:02.160]  focus everything on that one thing.
[37:02.360 --> 37:04.880]  So as long as there's multiple things out there, that's fine.
[37:04.880 --> 37:06.160]  You know, whatever you're comfortable with.
[37:06.520 --> 37:09.920]  And, uh, again, um, uh, one more comment.
[37:09.920 --> 37:13.280]  This is from Jason Barker, gold and silver will never reach their true
[37:13.280 --> 37:15.960]  price until the ETF bubble is exposed.
[37:15.960 --> 37:16.720]  What do you think about that?
[37:17.720 --> 37:20.080]  Well, I think he's a hundred percent accurate on that.
[37:20.080 --> 37:21.960]  And I think that will be sooner than later.
[37:22.360 --> 37:27.360]  And it's because, uh, you know, the, what happened, but I'll make this really short.
[37:27.520 --> 37:32.400]  What happened in the 1960s, if you look back on it was glaringly obvious now,
[37:32.560 --> 37:34.040]  but I don't think people really saw it.
[37:34.040 --> 37:35.920]  What was happening is for its true value.
[37:35.920 --> 37:38.080]  I see a lot of commentators starting to pick up on this.
[37:38.080 --> 37:41.160]  Something I've been saying for years, but we took the silver
[37:41.160 --> 37:43.400]  out of our coinage in 1965.
[37:43.840 --> 37:45.000]  And it was something pretty obvious.
[37:45.000 --> 37:46.600]  I mean, you can tell the difference in the coins.
[37:47.040 --> 37:50.920]  Um, you know, so, uh, dimes quarters, half dollars that used to be silver.
[37:51.320 --> 37:53.640]  Uh, they just became debased, you know, nickel and copper.
[37:53.960 --> 37:56.960]  So all that silver, you know, all that monetary wealth is just
[37:56.960 --> 37:57.720]  transferred out.
[37:57.720 --> 37:59.320]  And so other countries started to take notice.
[37:59.320 --> 38:03.080]  And we had, you know, the, uh, LBJ and the great society on the
[38:03.080 --> 38:04.560]  Mekong guns and butter, all that.
[38:04.560 --> 38:05.320]  And we were paying for that.
[38:06.080 --> 38:10.560]  President de Gaulle of France sent his warships over to collect the gold in
[38:10.560 --> 38:15.280]  1967, cause he wanted to repatriate, you know, American dollars because we, we
[38:15.280 --> 38:19.520]  pegged the dollar to go $35 an ounce at Breton woods with the world, the world's
[38:19.520 --> 38:22.240]  reserve currency, and you could always exchange it for gold.
[38:22.560 --> 38:25.960]  So de Gaulle sent the, you know, from France and his warships over to collect it.
[38:25.960 --> 38:26.960]  That was a statement.
[38:27.600 --> 38:32.440]  It's like, we're, we're going to pick it up with our Navy and the rest of the
[38:32.440 --> 38:33.560]  world started to look around.
[38:33.560 --> 38:36.880]  And so Nixon closed the gold window in 1971.
[38:37.560 --> 38:41.840]  So this is very, it's very much akin to what I think will happen with these
[38:41.840 --> 38:46.760]  exchanges and ETFs and the rest is that you've had people investing for so long.
[38:46.760 --> 38:53.360]  When you cash out of GLD and, or any ETF that's gold back, they don't send you a
[38:53.360 --> 38:55.400]  gold coin, they send you Fiat.
[38:56.440 --> 39:00.280]  So, you know, a lot of us have been saying, and you can look up Stuart
[39:00.280 --> 39:04.880]  Engler's book that I've had him on my show called rigged, it's about this, you
[39:04.880 --> 39:08.920]  know, and there's a whole organization of, of people in finance and people in the
[39:08.920 --> 39:13.480]  gold industry that have been suing to, to get more, you know, more of the records
[39:13.480 --> 39:17.600]  and show, you know, where the central banks are colluding with the bullion
[39:17.600 --> 39:21.400]  houses, because I said earlier in the, in the broadcast, the dollars that war with
[39:21.440 --> 39:26.320]  gold. That's why we're all these central banks are buying gold, ladies and gents,
[39:26.680 --> 39:30.040]  but we're not, we're not buying gold because we would add.
[39:30.280 --> 39:34.680]  So China has a vested interest in buying gold because it drives the price of gold
[39:34.680 --> 39:38.280]  up. And when you drive the price of gold up, you expose what happens, what happened
[39:38.280 --> 39:43.040]  to the dollar. And you know, it's now a gold close to $2,400 an ounce again.
[39:43.480 --> 39:46.480]  It's glaringly obvious that we've lost control of something.
[39:46.480 --> 39:51.840]  So to answer Jason's question, I think that this will happen.
[39:51.960 --> 39:53.600]  And it could, it could be a gradual thing,
[39:53.760 --> 39:57.320]  or it could be a shock where somebody places an order and there's, you know,
[39:57.360 --> 39:59.520]  they can't fill it on the comic. So that's,
[39:59.520 --> 40:01.120]  it's going to be something interesting to watch.
[40:01.280 --> 40:05.680]  Yeah, it is. It is. We are in interesting times. The old Chinese curse, you know,
[40:05.680 --> 40:09.160]  may you live in interesting times, but we're not worried about that.
[40:09.160 --> 40:10.320]  And we'll just do what we can.
[40:10.360 --> 40:15.200]  And you've got a program that follows immediately after this program, right?
[40:15.680 --> 40:19.520]  Yes, sir. Art of burn radio transmission once a week here on a rock fan.
[40:19.520 --> 40:21.840]  If you're watching on rock fan on the American plug channel,
[40:21.840 --> 40:24.400]  on my Twitter at Tony Arderburn and free world.fm.
[40:25.080 --> 40:27.840]  We'll probably just continue this conversation. So I did last week.
[40:28.200 --> 40:31.600]  I got some other articles to talk about, but always love seeing you, David,
[40:31.600 --> 40:34.560]  David Knight dot gold. I don't want to keep you forever, but David Knight dot
[40:34.560 --> 40:38.800]  gold, the Wolf pack. We've got some great deals going on now with the prices
[40:38.800 --> 40:42.040]  going up. I've still, I'm kind of, even when prices increase, David,
[40:42.040 --> 40:45.520]  I'll wait a couple of days on invoices so you can still get yesterday's prices.
[40:46.440 --> 40:49.760]  So you can go check out David Knight dot gold and check out Wolf pack.
[40:49.800 --> 40:54.400]  We've got a lot of great deals going on there and promo code 1776 for
[40:54.400 --> 40:55.800]  constitutional free silver.
[40:56.080 --> 40:56.800]  Thank you, Tony.
[40:56.800 --> 40:59.480]  And really do appreciate what you've done to support the show.
[40:59.760 --> 41:04.960]  And it's always important just as we're talking about with the, the ETFs,
[41:04.960 --> 41:07.000]  the paper gold, the paper silver and so forth.
[41:07.280 --> 41:10.720]  It's important to have somebody that you can trust. And so I've,
[41:10.800 --> 41:13.600]  I've known Tony for a long time, done business with him for a long time.
[41:13.840 --> 41:16.960]  Thank you so much for what you do, Tony. It's great to have that resource there.
[41:17.440 --> 41:21.800]  David Knight dot gold to take you to Tony. And right after the show,
[41:21.800 --> 41:25.160]  don't don't miss his program. Like he said, he's going to continue this discussion.
[41:25.880 --> 41:30.880]  Let me tell you the David Knight show you can listen to with your ears.
[41:34.520 --> 41:39.520]  You can even watch it by using your eyes.
[41:40.200 --> 41:42.480]  In fact, if you can hear me,
[41:43.320 --> 41:48.320]  that means you're listening to the David Knight show right now.
[41:49.280 --> 41:51.720]  Yeah. Good job.
[41:54.960 --> 41:57.800]  And you want to know something else?
[41:58.440 --> 42:03.440]  You can find all the links to everywhere to watch or listen to the show at the
[42:06.440 --> 42:08.400]  David Knight show.com.
[42:09.840 --> 42:11.080]  That's a website.
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