INTERVIEW BlackRock, Biometrics, ETFs, CBDC, and Listener Questions - podcast episode cover

INTERVIEW BlackRock, Biometrics, ETFs, CBDC, and Listener Questions

Mar 21, 202435 min
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Episode description

Tony Arterburn, DavidKnight.gold,
  • Time for an election and interest rate drops as scheduled
  • BlackRock moves into tokenization & "digital liquidity fund"
  • Liz Warren's Wealth Tax
  • Listeners' questions
  • How to set up or roll-over a metals commodity IRA
  • And more
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Transcript

All right, And joining us now is Tony Arterman of Wise Wolf, Gold and Silver. And Tony has set up Davidnight dot Cold to take you there and let let him know that you're coming through me. We've had Tony as a friend and a contributor and a supporter for a very very long time. It's always a pleasure to have Tony on. Thanks for joining us, Tony, thanks for having me back. David. Always good to see you. Well, it's been kind of interesting, isn't it. Everybody knew this is

going to happen. It's no surprise election year where they've got the rationale for it or not. They don't care. They will create a rationale. And so now they started talking about doing some FED interest rate cuts and this having the anticipated effect, isn't it. Well, they're counting on the memory of the American people being very short, as it usually is. Gorbidal said,

we were the United States of amnesia. I go back to you know what two years ago they were talking about, Oh, this inflation is transitory. I use the word transitory. And now they've gone so far as to say we're at the terminal rate. I like that phraseology a lot better. But they didn't move interest rates, but they're hinting and they are going to You and I both know this. They're going to lower interest rates. It looks

like somewhere around three times this year. But if you look a little further down the road, you know in twenty twenty five, they're going to have to raise interest rates again, okay, because inflation is going to go completely out of control. The headlines across everything that I look at, you know, when I monitor precious metals, is that goal hit it's all time high, which I think is something that's inevitable, it's not even surprising anymore.

But what it should have said is that the dollar hit its all time low. I think we need to start looking at it that way. The dollar is continuing to hit another all time low, and commodities and precious metals, the prices are being reset globally. That's the big story. Here's the takeaway. But I think I think we're watching these interest rates. I think it's

a sideshow, David. I mean that the interest rates are going to get lowered, They're gonna We're gonna have a fake economy going into a fake election with fake, fake politicians, just like we always do. Except the consequences I think with the dollar losing the world's reserve currency status, I think these are the much more dire consequences than we've had in the past. I guess it's kind of like, you know, the old thing, is the glass

half empty or half full? I guess that depends on whether you're measuring the water or the air. You know, the dollar would be equivalent to measuring the air, equivalent to the water, you know, the actual stuff. So it's like the matrix with the little boy and the spoon benderies of which you have to remember it there is no spoon. It's kind of like there is no currency here. It's your imagination, oh man, I tell you.

And so you know, just that, just the rumor, just the rumor of what we're going to have an interest rate cut, maybe coming up the summer, maybe three months from now, maybe in June or whatever. So just the rumor of that sent the stock market up, sent gold up, sent crypto up. And what it did was it, as you point out, it sent the dollar down more and more so than thinking of well,

sent everything went up except for the dollar. But what it did was when they said, well, we're going to devalue the dollar by doing this, and we all knew they were going to do it for the election. They're demanding that this be done. We've got Elizabeth Warren as well as Bernie Sanders, those two economic experts, sending a demand letter with nineteen Democrats from

Congress telling you you better lower the interest rates. They give every reason they can think of, and none of them valid except for the fact that it's an election year. That's the key thing, isn't it. Well. I liked your analysis this morning at the beginning of the show, and you're talking about this writing unlimited checks. Yeah, they don't. There's no fiscal responsibility

left. That's not even in them, that's not in any of the vernacular coming out of Washington, DC or the political part parties not talking about that at all. It used to be a big issue, that's right, And if you notice, that's the dog that doesn't mark. Nobody talks about it anymore. And so I think we're watching this, this death of a currency, you know, the looting of the treasury. You know, all bets are off, that's what that's what we're watching. And you know, you're

exactly right. The only thing that reins in this out of control federal government, uh, the out of control the Wall Street criminals. The only thing that rains them in is the loss of the world's reserve currency status of the dollar. This money velocity where you have you can just go and continue to print without consequence, but the consequences are real. They affect real people in real time. And I think, you know again, fake money, real

consequences, and that's what's we're watching play on day. Oh. Absolutely, And that's one of the reasons why you've got Russia and China moving with bricks and everything, because I understand that's our superpower. Our superpower is to be able to create money out of thin air. That's what real American exceptionalism is about. A couple of questions here on Rock fin Gordon Shumway says, gold is going to go to three thousand, silver to ninety. When is the

bubble going to burst? Well, you go back to twenty twenty. That's a good question for gold bugs and silver bugs like me. You know, I've been paying attention to this for years and years, and you know again, it's something something that cannot go on forever, will stop. That's Herbert Stein's law and never underestimate how willing the powers that be are to do value currency and to create new currency supply. We have a trillion new dollars in

debt every ninety days now. It took us from seventeen seventy six to nineteen eighty to go a trillion dollars in debt for the United States of America. Now it's every ninety days. So everything is accelerating. To make a call on when silver is going to break its all time high, you know again fifty two dollars and fifty cents in nineteen eighty for silver, it did it,

did it close to that again in twenty and eleven. Gold came close to two thousand, or broke two thousand in twenty and eleven, and then again Ben Bernanki came along and said, oh well, it calmed everybody down and said we won't we won't do the TARP funds again and the bailouts and the too big to fail. Don't worry about that. We're gonna have a lot more fiscal responsibility and all that. It's gonna tone everything down. And precious metals fell, and they fell for a while, and then again twenty

twenty gold breaks it's all time high. I was hosting your show down in

Austin when it did on August I believe August sixth, twenty twenty. But again, the ride from there has been strange because of all of this intervention, and they had this a very powerful entity, and you've had you know, I've had Stuart anglered On, who wrote the book Rigged about the gold and silver markets, about how the bullion banks, the giant ones work with the central bank because in the West be out currency, not just the dollar,

the theout currencies at war with gold. So they don't they have a vested interest in the price not going up. Just like I said earlier, it's the goal's not it's all time high, the dollars that it's all time low. It's an inversion of how you should look at it. And so I don't know when these things are going to kick off, but I do know City Bank going back to twenty twenty, I've been I have a memory. I go back. I remember all these projections, even like major banks

were saying three thousand dollars goal easy within the next year. That was twenty twenty. That didn't happen. So I think we have a lot of delayed reactions. The best thing you can do right now is because supply is not as strong as you may think. And this is some take it from somebody who's trying to source and supply. You know, I've got close to eight hundred members right now for wolf packs. That's automatic. Every month, we

have eight hundred people that are doing the bulk buy ins together. So I have to project two or three weeks out. It's not as strong as you may think. And one or two whales in the silver market there would be almost no supply. Wow. And that's how close we are to a revaluation here. So I would just you know, if you're accumulating your stack and keep doing that. If you can keep from selling, keep from selling. If you don't have to sell, don't sell. Of course you're going to

sell. Sell to me, I need some plot. If you don't have to sell, don't sell, because I think these prices are are going to change. And again, is it going to go up? Well, I know that it's going to go up technically, and this is an investment advice because the dollar is going to go down. Yeah, especially if you look at just the reaction the rumor. You know, it gets everything, you

know, crypto stock market, gold and everything. When they actually start to do it, and I know they say, you know, you know, look at the buy it on the rumor and sell it on when it actually happens. But it's going to happen multiple times, and I think, you know, as you point out, it's going to be probably three times, that's what the rumors are now that's going to it'll happen more than once, and so they'll still be they'll still be going up with that gon to.

It really surprised me either, David if if gold fell below, way below two thousand, and the reason being is because if you look at history, you look at what happened in the first quarter of twenty twenty, when you have the highest stock market since nineteen twenty nine and the lowest it was in the same week, you know, it's a huge dip. And gold went to like eleven hundred dollars an ounce or something like that. No one could

find it it for that, but say it's the same thing. Silver went to some crazy number like thirteen dollars an ounce or twelve dollars an ounce. I just looked up and when you and I did, my first interview with you, gold was at fourteen hundred and twenty five dollars an ounce. I looked that up this morning. That's how we're far away from that. Yeah, you know, but again, can it come back down in short periods? Sure it can't because it can follow the markets. And you've got to

understand how much paper gold there is. That's right. We don't to understand that because you and I don't think like we don't think like we're in bezzlerds. But there's a huge amount of that where it's just not real, and so that that follows the market. There's a lot of those trades that go on. But you know, it's interesting something happening at the same time gold

is contents hitting another all time high or the dollars all time low. But this, you know, this huge phenomenon with bitcoin, and there was billions and billions being taken out of the gold that are flowing out of gold ETFs

at least hundreds of millions, and it's going into the bitcoin ETFs. And supposedly that all these analysts were saying that the gold price was going to go down, it's not going down because the central it's too big you're talking about a massive shift away from a currency, and I don't think these analysts,

I don't think they fully appreciate the historical gravity of what's happened. Yeah, And that's the thing that makes me really ancy about all that is the the ETFs because of what I know about paper gold and paper silver and how they can use that to manipulate things. Because of what I saw with the real estate derivatives and all the rest of the stuff. When they start creating these ETF things, you know, it's just to me it looks like NFTs.

So it's like, is this thing for real or or are they just using this as a tool to manipulate. And that's another question we've got here. This is from Michelle Obaman. Thank you for the tip. Can you ask

Tony about blackrocks tokenization of all assets? And of course they've just given an Ethereum backed digital liquidity fund one hundred million dollars Again, you know, even along with Blackrock and creating these these digital assets and tokenization stuff, you've got Ethereum, which there's a lot of talk has been talked for a while that maybe, you know, when they introduced CBDC, they might do it. If they do it really quickly, they could piggyback it on top of ethereum.

That really seems to be the inside track. Everybody and the public likes bitcoin, but the system seems to be shifting people towards ethereum. I don't know enough about the crypto. But what do you think, Tony, what's going on with Blackrock? I read that yesterday. It's very troublesome. And I've been asking this same question since the launch of these ETFs. And you Larry Fink from Blackrock raising bitcoin, talking about digital gold and store of value,

and I just start looking around, says anybody else noticing this. You have this the bankster, at least the face of one that you can see, talking about how there's validity in cryptocurrency. Now, I guess colored me skeptical. I don't believe these people. I don't think that they're intent, because you know, Larry Fink has also said about changing behavior of people using ESG to do that, and of course they're also major buyers of residential real

estate in the United States. You got to ask yourself why that is as well to change behavior, Right, this is what bangsters do. You go back to the funding of the Bolshevik revolution or the revolution in China and with Mao in nineteen forty nine, is backed by the world's richest people. So I'm skeptical. I don't like it when again, something that was the crypto

market didn't need your intervention. Intervention. As a matter of fact, the whole purpose of crypto was to move away from a dying system that's corrupt and that it's not free market. And there's a lot of problems with the crypto market, with the meme coins and everything else. And I agree with you on with ethereum, the think that bitcoin's different because bitcoin has no company. Nobody knows who Satoshi Nakamoto was or if it's a person or a group of

people. Nobody really knows, and it's an open question. But it has no centralized company, no country where all these other every other crypto like it or not, traces back to someone. Because it's open source, you know, there's an there's an initial coin offering, you know who it is. So bitcoin is different in that way. And again you can still be skeptical, but there's something with that. Yeah, they're not going to run the CBDC off the back of bitcoin. Yeah, I don't. I don't see

that happening, but it would be one of these other coins. And you know, I remember, you know, the ethereum it was trading. It was ten ten times what it was when I started trading it. When I was I used to sometimes offer ethereum. I've pretty much gone down to just bitcoin for right now, just trying to see what happens in this market when I if I do any kind of trades through the shop. But yeah,

you'd be very skeptical of that. I whenever black Rock or Bagard or any of these majors are touching cryptocurrency and trying to drag it into the old system, I think it's a red flag. And I don't you know, even Max Kaiser, you know, he's talking about how the people that buy the ETFs are going to lose out. You know, you should if you can to own bitcoin, go get it yourself. Yeah, if it's you know, your keys are important. You know, it's just like physical gold.

You know, if you're going to buy gold ETFs, all you're buying really is a stake in a spot price. You're not really actually buying gold. You should always think about the counterparty risk to anything whether it's crypto or gold, that's right. And whenever you see these again, these derivatives or the ETFs, or the involvement of companies like black Rock and JP Morgan who always pooh pooing, you know, cryptocurrencies, we see that happening, you know.

They it's kind of like the old thing. They've got to get behind you before they can stab you in the back. When these big companies start to buy into something, it's like, oh, good, now they're an investor like me. No, they're getting into it so they can manipulate this thing. Because if they can manipulate it and crash it, they've still got lots more money they can put in and ride this thing up. That's the

whole point. They don't want things going going horizontal. They want to They want a roller coaster ride right, dip and then straight up with a rise and all the rest of the stuff. And so to me, that's a big, big warning. When you've got big institutions coming in and you've got derivative instruments that they're inventing and all this sudden and creating for the first time, well that's to me, that's a real scary thing. We got another

question for you. This is off of rumble Atomic Dog, says David. In four years, almost to the day, gold is now up thirty three point two percent, twenty five percent, last three fourteen percent the last two years. I would accept that as a real inflation that we have seen over the last four years. Would Tony agree? Absolutely? Yeah, Yeah, I think I think that's more into watch commodities, even though they're manipulated,

and I and I think that's probably just the tip of the iceberg. If you really follow the amount of currency creation, the actual expansion of the money supply, the inflation's much worse, and it's you find it in food and other things. Because a lot of these other products that we talked about this before, they're saying, oh, there's prices are stabilizing or they've gone down. That's because there's no demand. You're talking about luxury items or electronics and

things that people can do without or they can use an older model. But the real inflation is in the grocery store. That's where you go find the real the real cost of what they've done in the last five years. That's right, Yeah, And when you look at it again, you know, whenever you look at a trend line with something, you're going to see stuff jumping all around, and then they draw the lone lying through it because there's a lot of noise that's there, and that's this kind of day to day

variation or month to month variation. But over a period of time, you can see that. And you and I have talked about this for the longest time. How over a century or longer, you can see that. You know, the value of gold stays there, along with the value of other things that you buy with a custom suit or travel or things like that. Some of those have been helped by efficiencies of manufacturing or other things like that, but for the most part, it stays there. Not so with these

fiat currencies. So that's a key thing, you know. One of the things that we're seeing also is the fact that Liz Warren and others always always lives Warren. She's always presenting herself as a champion of a little guy when she's really for big government and big banks. Now they're talking about a wealth tax. I don't know if you saw this or not, but it will only apply to the ultra rich, So you and I don't have to worry

about this, right too, right. But just like the income tax, you know that only applied to the ultra ultra rich, and it was a very small tax initially for the ultra ultra rich. But we know what happened to that. Now they're pushing this out there to confiscate money. And the other part of it is they know that's going to drive people out of the country, so then they have to on the back end of it put a

big penalty for anybody that leaves the country. This is another sign of desperation and the fact that they're never going to leave people alone, isn't it. Well, let's again go back to nineteen thirteen. You go back to the sixteenth Amendment. This was brought to you by the world's richest people. They indemnified themselves, they built their foundations, and then they said, oh no, no, no, this is just for the ultra rich. It's just

for the top. Well it wasn't. It's supposed to trickle down and it's supposed to affect all of their competition. It's just Elizabeth Warren is a stooge for international banking. That's what she is. I mean that she's not where's the grassroots enthusiasm for Elizabeth Warren. I remember when she this was back in twenty nineteen at the primary and she was running and I was having my radio show when I said, I think she's got the IT factor though, you

know, like the clown it like in the sewer. I think she's definitely got the IT factors. That's when she had the commercials. She's like, I'm gonna go get a beer out of the refrigerator. And you think it's this person, is this animatronics she escaped from Chuck E Cheese. There's something wrong with her. And she's always you know, portraying herself as well, other than other than being you know, Pocahontas and all the rest of that, portraying herself for the as the little guy. You know, I'm for

the little guy. I'm sticking up for the working class and the teachers and all that. And you look at how adamant she is about I mean, boy, she had the true hatred of crypto and you know, pushing all this other stuff. You know that she's there for the big banks, you know, she's aligned with them and her interest precisely, and yet continuing to tell people, oh, I'm there for the little guys. That the consumer

and I always get the word order out. But this consumer Financial Protection Board that she she created, what they did is I drove a lot of small and medium sized banks out of business. It didn't protect any consumers at all, and just drove small medium sized banks out of business over the competitors of her bosses. Always the goal. Yeah, she is a mouthpiece for international

banking, multinational corporations, period, that's all she is. And all these this is like they're speaking through her, you know, those who oppose the free market of crypto. It always it's the High Gaelian dialectic too, David, you know, it's like, oh, well we need to regulate these Well, well, what we need to do is we create an ETF and we'll that well that black Rock regulated. We'll let well let the you know,

the majors and the banks will regulate. We'll go through them so that it's a poison pill, you know, any kind that's the way they do it. Will it's either going to outlaw it or we'll make it go through this system. And that's again, so it's so transparent if you're looking at if you're looking at history, to know that these people actually are and Uh, you know, I'd like to I wonder how that's the staffer that she had that came out and it was all for the bitcoin ETFs that you see.

I don't know if you that somebody got in and hacked or a staffer maybe on their way out. I hope they're okay. I don't know where I send flowers somewhere or whatever happened to that staffer, But somebody came out

on her Twitter and was endorsing bitcoin. Well, you know, when you look at this and the origins of this, and you compare it to the beginning and the origin of the income tax and the rates that were there, that was like, I think a one percent tax and you had to be like a you know, I forget the level, but it was like a multi billionaire. Today, she's starting out at something that's even higher than that to begin with. And we all know that it's going to migrate as the

income tax did to the middle class. But they're starting out with a two percent tax and anybody that's got a net worth between fifty million and a billion. If you're over a billion, it goes to three percent. And they put this in and they sell it to people based on people's envy. Its like, oh, yeah, why I'm nowhere close to fifty million, so you know, yeah, those people should pay their fair share, and so forth and so on, knowing that these people have an arm of accountants and

they're not going to pay any taxes no matter what Elizabeth Warren does. They're going to find some way out of it. Or they'll buy some politicians to put a couple of loopholes in specifically, and they'll jump through those loopholes. But the thing that concerns me that just doesn't have any attention anymore from the Republicans is this army of IRS agents and the fact they're going to make this

thing not even five times bigger. You know, you had Kevin McCarthy say, well, let's not make it nine times bigger, let's only make it five times bigger. Whatever, I'm sorry, seven times bigger. Let's make it five times bigger. And now you've got Johnson who's back up to making it as big as Biden and Pelosi wanted it in the first place, up to seven times bigger. Nobody is talking about that, and that, along with their continued push to say that they want to that one of their key

duties is to have CBDC. That's the stuff that really concerns me, this digitization. And so you know, we've talked about the value and the imploding value. I think the value of the dollar that will implode. But the thing that concerns me even more than that is having something that is going to be private, that's going to be physical, as Katherine Austin Fitz points out, having financial private financial transactions. And that's the thing that makes me want

to get out of digital and get into physical. That's the key thing that I'm looking for. JP Morgan, Visa joining MasterCard, and so many others talking about how they're going to do biometric scanning, facial recognition, contactless payment. They want to start with grocery stores. They want to start with entertainment venues. That's what they focused on those two and I thought, yeah,

bread and circuses, that's the way I want to get everybody. You're going to have to have a digital currency in biometric ID in order to get breader circuses. They want to use those choke points on people. All The only thing new under the sun is the history. You don't know. That's right to quote Harry Truman, and you know, thinking about Shakespeare that when troubles come, they're not They don't come in single spies, but in battalions.

These are all these things that are coming down the CBDC. Yeah again, the battalions of IRS one thousand ir what's that? Battalions of ir s. Yeah, but battalions that were the eighty seven thousand I R S agents. The new regulations there getting having to use your biometrics, and it is they're creating a trap for all of us, anybody who remembers what it was like to live in and what a semblance. At least consciously, I accepted it as a free country. I don't know what I'm in anymore. I'm in

some sort of economy sector in the new world order. That's what I feel like no longer, no longer. And what I feel like was, you know, a beloved republic that I that I love so much, and I think this is what we're having to endure. This it's multi pronged. But at the same time, again, we're not trying to fix that old system.

We're just building new ones. That's the you know our buckminster Fuller talked about that, and you know he's long since died in the early eighties, but he was a futurist and a genius, and you talked about having you know, when you see something the old system, don't try to to go to go yell at it or try to prop it back up or whatever, fix it from the inside. Just build a new thing. That and I think there's a lot of innovation. There's good things going on at the same

time, but we need to be aware of the problems. Like we're we definitely you and I talk about them every week. We definitely know they're coming, and we're we were way ahead of even mainstream or even you know, have conservatives. Now I'm going to do the conservatives. You have people talking about CBDC, but I don't think they fully grasp where it's coming from.

You know, both both major candidates in the race going into twenty twenty four, we know their history was CBDC, whether it's Trump with Jared Krishner or Biden, and again these are they have the same donors, they have the

same plans. It may come in different forms, but cbdc's coming. So I think just knowing that you talk about being outside of this to them, whether it's you know, physical gold and silver, you know, having that in your hand, you know, having an ability to access physical metals like you know, David, if you and I want to do if I want to buy a tractor from you and I, you know, I go down to Tennessee and I want to buy a tractor from it or whatever, and

I give you a few gold coins. Where's the bank in that, where's the who knows about you? And I know? And I've got value for value and we walk away. That's right, And that is a that's a major fear to the powers that be. That's why they want to kill cash. That's right. You know, there's been a wrong, there's a war on cash. I promise you that the physical thing is the key, physical thing, physical and anonymous, that's that's really the key, and that's a

very very important thing to prepare for. Absolutely. Talk a little bit about the IRA's. You said that you had somebody ask you a question about how to do a metal IRA. Yeah, one of your listeners called me yesterday and just said, you know, it would be great if you and David just a few minutes to explain that because there's probably hundreds of people like me that want to know as you mentioned it, but you don't ever explain how

it works well. And I appreciate the question. It's I've been doing these. When I first set up my shop, I wanted to be a little smaller shops dinner generally don't offer irase that's usually your big one eight hundred number of places, and you know that's they do a lot of the bigger transactions. So I decided I'll get into this. I'll my tonus to figure out

how to do it, and we did. We have a company that we partnered with through the trading floor in Dallas called New Direction Trusts, So they handle all the legal you know, set up your IRA, all the paperwork, all the docks, make sure everything's great. Once you set that it's fifty dollars, you go to New Direction Trust's website, you set up an account, you know, deposit fifty dollars in there, and then you've got

a Precious Metals IRA. If you have an existing IRA or a four oh one K, you can without penalty, roll that in all those funds that are sitting in the fiat market, because that's what it is. And if you're in paper, you're in four oh one k is iras. It's it's fiat market. Whenever you want to put that those funds you can roll again no penalty and New Direction Trust helps you roll over those funds into the Precious Metals ira Once it's in there, you can contact us and we'll buy you

physical precious metals, not a piece of paper. It's your metals. I mean, it's gonna you pick. If you want Canadian maple leafs, those are your Canadian maple leafs. You know. It's if you're American eagles, it's your American eagles and you own those. They have to go into a third party vault. Again, not in the bank. It has nothing to do. It's not inside. The cool thing about the Precious Metals iras and why I endorse them, is because at least it's the first step remove there's

no bank. There's no bank, it's not under that regulation. So those are going to go into third party storage vaults. I use Dallas. I I that's just me personally, But there's all all of the United States. They've got them in Nevada, the Idaho, they've got them in Delaware, so there's all They're all over the place. There's I think there's ten major vaults. You can choose from storage about one hundred and eighty dollars a year. So if you got you know, fiat funds in the market and you're

interested, it's a very easy process. And you can go to David Night dot GOLDI and contact us. I can show you how it's just literally a new direction once you once you open an account with them, they will help you get any existing funds over there, and we get the process done in a couple of weeks, and then you've got metal stored, you know, and there's and again there's you'll start to see. And I had a lady to approach me when I was in an Arcapoco and she said, well,

you play take a look at my precious metals IRA. And I spent some time with her and I had to tell her, unfortunately, you used you used a dealer that oversold you in some new mismatic stuff. Even that happens in iras. They over they just overcharged her. So you've got to be careful with those because a lot of these one eight hundred numbers they're going to put you in some collectibles. And even though you've got the metals, but

you wil you got to look at it as your melt value. So if you say you gave me ten thousand dollars and I'm gonna have to, you know, I'm gonna have there's premiums on physical metals, whether I like it or not. I can't buy things at Spot, so there's going to be

some premium there. But your melt value is going to be you know, how many ounces to SPOT that you have, And I try to make that number as large as possible because I don't want people to say, well, I got ripped off and this lady unfortunately it's like more than fifty percent, Well I've her deposit was put into numismatic Blue Sky, you know, just ethereal cost when really what you're looking for is the melt because that's your absolute

rock bottom. So we try to do that at wise Wolf, I'm very very cognizant of you know, people have worked very hard to save up what they have. In these fiat markets, you'll take a little bit of a hit because it won't be dollar for dollar, but you're still going to have gold, physical gold, physical silver, even physical platinum or things. If you want to do that in a you know, a tax free shelter, which is that's really what it is, and it's outside the bankings. That's

great. So you just basically once you set up the new dimension in account and then you tell your current I ray to roll this stuff over to them. Once they get it, they contact you and you contact the user and find out what what kind of mix you want to put into your metal I ray. So it's a pretty simple. Yea. And the first thing I do if I'm talking to somebody, whether it's the IRA or anything else,

David, I don't know if anybody else. I pulled up my competition and I so this is what the competition's charges for X, Y and Z, and this is what I can do, you know. So we generally try to save you a bit at least at least be transparent enough so you know what you're buying. Mm hmm. That's great. Yeah, it's it's an easy process. Once you have it in there, we you know, we can get we can get your medals in there in a few days. That's

great. Let's let's talk about one more thing before I'll let you go. If you got the time your network that you're setting up, tell people a little bit about that where that is, and we're going to be there eventually. Well, yeah, we've got Jason Barker is an ambassador for US now and Melissa has been helping. We've got Freeworld dot fm is the network. Billy Ray Valentine and myself have been working on that for about a year and a half and or maybe two years now. Time flies when you're in the

apocalypse. We definitely we talked a lot about having a lifeboat for free speech, something that's you know, I'm going to I'm building the infrastructure so we can have eventually have our own servers and other things like that, have our own app and it's audio only, but it's Freeworld dot fm. It's a twenty four hour station. Have some great hosts over there, like Jason Barker, Angry Tiger Guard is up and running. I do my show there and

many many others. You have a slot there for We want to bring you over. We just need to get your software hooked up and that's pretty much the last step. And of course you and I are we can we can talk off air too, because I have some other ideas I want to run past you, but it is it's for the people. We got to chat there. I think it's pretty pretty active on the freeworld dot fm website. So yeah, we're looking for to be there. We're looking forward to being

there. I want to be there because again she said, we've got to have a lifeboat for free speech. It's getting rapidly worse, very very rapidly worse. People getting now jail sentences for speech that the government hates. They're ready to really crack this thing down. I think we're going to see that after this next election. They may even do it before in the name of, you know, making the election more honest. They may shut down speech

because you know, we want to have an honest election. You certainly don't want to have a debate, right. So we'll be there and we'll get this together and we're probably it's taking us a while to get this stuff together, but we want to do that and we'll be there at freeworld dot fm. Good to know that you're putting that up. And thank you so much Tony for supporting us with David and I dot Gold, who really do appreciate it. Thank you, thank you. The David Night Show is a critical

thinking super spreader. If you've been exposed to logic by listening to the David Knight Show. Please do your part and try not to spread it. Financial support or simply tell the others about the show causes this dangerous information to spread. Father. People have to trust me, I mean trust the science. Wear you mask, take your vaccine, don't ask questions using free speech to free minds. It's The David Knight Show.

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