INTERVIEW Saudis Abandon Petrodollar? - podcast episode cover

INTERVIEW Saudis Abandon Petrodollar?

Jun 06, 202443 min
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Episode description

  • Will Saudis officially abandon the petrodollar in the next couple of days?
  • Financial foundations are shaking with countries moving to BRICS and away from the dollar as the world reserve currency
  • Accumulating gold and silver in small or large pieces
Tony Arterburn, DavidKnight.gold, joins

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Transcript

All right, and we've got Tony Ardebannon after that brief break from Wise Wolf Gold, but he has set up Davidknight dot Gold to take you to Wisewolf, and of course you can buy gold or silver, small amounts or large amounts. You can also set up a savings program there with Wolf Packing. Determine how much you want to save each month in gold or silver and get a group discount as part of that, and so you can gradually accumulate that. And he can also help you if you want to do a medals IRA,

he can help you to set that up. Great to have you on, Tony. Thank you for joining us today. Thank you for supporting this program. Well, it's an absolute honor, sir. Thank you for having me back. I always enjoy our Thursday chats. Well, thank you. Yeah, it's great to have you on. And in the brief time that we were talking during that break, you said you heard the question from somebody about Saudi Arabia in three days. Is there some kind of magic agreement?

Were you able to find anything about that about the Well, yes, I'm going to be very careful not to break anything here that is unsubstantiated, because there's a whole host of blogs out there and speculation on what's going to happen on the ninth. We do know this that in June sixth, nineteen seventy four, the House of sod and the United States formed a petro dollar agreement in exchange for military protection, that the brokering and all sales of the crude

oil in Saudi Arabia would flow through dollars. And that's where you get to term petro dollar. And so that was fifty years ago today. That's interesting, Yes, in D day too, Junie shakes. Yeah, also anniversary of Operation over Lord nineteen forty four, and so yeah, you're expiring on the ninth. And so again there's some disinformation. I don't want to lean

too heavily. And there's there's some blogs out there, some some substacks saying that the Crown Prince in Saudi Arabia has said that they were no longer accept dollars. That's not something I can confirm. What I think it's going to happen is if you look at the I think the digital currency headlines out there, Saudi Arabia and China are creating a cross border digitized payment system. I think that that will kind of start off what's going to happen to the future

is going to be a host of currencies. I don't see any evidence that Saudi Arabia is going to stop all transactions and dollars. I think we would know that. I think that would be even though it's on a couple of blogs out there, I don't think that that is the true crux of the matter. I think what we're looking at is that Saudi Arabia is going to not renew that agreement the petro dollars, so officially, really the petro dollar

is not necessarily dead, but it's on its deathbed. It's in hospice care because these other currencies, and I think it'll probably be more dominated in Chinese you want. And then the BRICKS system itself. Let's not forget that Saudi Arabia had recently joined bricks and I think that made it. I think,

really that really is going to accelerate d dollarization, David. I mean, it's not that it's going to go to zero, that Saudi Arabia is not going to accept it, but they're going to have a completely new payment system set up. So what we've known and what we talked about as the petro

dollar I think is officially coming to end here on the ninth. Well, now, am I mistaken because I thought that Saudi Arabia had said they're going to start settling contracts with China, for example, in the Chinese You want was I imagining that or did that really happen or do you know? Do you remember I thought they had started doing that, but maybe they didn't. What do you think? I believe that they have started doing that, and

I don't. I think even during this agreement, I think they've been setting that system up. I think that will accelerate now more than anything. But it's not that they won't use dollars at least that's what I'm able to find. And we've been talking about this for a while. This part of the the overall d dollarization globally that we're seeing and really just I mean, it accelerating faster then I think as you look at the financial the mainline financial networks

aren't even talking about this. This is huge, you know, this this departure away from the petro dollar system. So now again I don't it's not going to go to zero, like they're not going to use dollars or Iraq has done that, by the way, the ki the Iraqi parliament has made it illegal to trade in dollars, so that you know that in that part of the world that is happening. But it looks like this is limping along. I mean, there's going to be trade in dollars, but no,

it's there's cross border payments set up electronic. The electronic systems, electronic currencies and digitized currencies between Saudi Arabia and uh and China are going on, and I think this is going to be part of that, is be part of the new payment systems through bricks. Another stellar victory for the American Empire are former the people we rescue don't want have made it illegal to even take our money anymore. Maybe we should offer a bill like that in Tennessee, maybe

illegal to accept an any federal bribery out of Washington, DC. That would start things going in the right direction immediately, wouldn't it. They don't even want our money. And of course Turkey, which is a NATO ally, they have declared that they're going to join bricks as well. So was there a you mentioned, you know, fifty years ago. Today there's some kind of an agreement. Now, what kind of you know, is this kind of a handshake between I guess we could call it a hand chic between a

clown prince and kissinger. Or was this some kind of a formal agreement that they spelled out there that they can just start to, you know, find some wiggle room or just ignore it. I guess maybe, I don't know. Was it some kind of a formal treaty or something, or I believe you said, just was it okay? I just thought, you know, if you look it up, it's the Petro doll Agreement of nineteen seventy three

was a deal. But when the United States and Saudi Arabia and exchange for military protection and advanced equipment, Saudi Arabia agreed to sell oil exclusively in US dollars, and they call it an arrangement established had a rangeow dollar. We're doing a couple of mafia families there. You know, it's like the Taglias

and the Corleons made an arrangement there. And of course the reason that we talked about this many times, the reason they had to do that was because everybody saw the fraud that the dollar was not backing up not being backed up by gold as they had promised, and so they had to back it up essentially, you know, with guns, with the military equipment for the Saudiast and keep them in power because you know it's it's organized crime cartel, but

that's run in that country, absolutely right. It was a bit of a delayed reaction, you know, August fifteenth, nineteen seventy one, Richard Nixon takes us off the gold standard, closes the gold window, and it doesn't again, not till June sixth, nineteen seventy four, we have this official agreement. I think that was probably the plan all along, because it'd be more of a floating currency based off of real time commodity in some ways at

least. So it's not just because that was a huge departure from the Breton Woods Agreement of nineteen forty four and again in the nineteen seventies. That's where you get stagflation. You get high unemployment, inflation and low economic output, and so that's what you get also to get the goal going up two thousand percent during the nineteen seventies. Of course, gold didn't really go up. It's the dollar loss purchasing power. But all through that. That's the military

backed US currency argument. And I've heard that before, like what backs us now, It's been a host of things. It's really about money velocity. This is my opinion. You go and you look at places like a Rack that we invaded, and I tell this story often, like one of the first places I was called to at the tail end of the invasion, going

into Mosul, they sent me to the bank. They said, put my team to the bank and said, figure out what's going on because people were just taking boxes of the Iraqi dinar out of bank, and that people were staying there and there's just bailey looting, but they would go out in the street. The nobody wanted any of the currency. I literally got to see a currency die in real time in a paper currency. And you think about

the depart that was twenty years ago, David. So if you think of the departure twenty one years ago, and I look at that and how far we are away from that, the apex of American power and hegemony post nine to eleven, going into I Rack, doing that, setting up that in turn government, all that, all that would pull with Paul Brimmer and all this. You look back now and they don't even accept dollars. Yeah, yeah, that's right. And this is a this is a this is a

swift fall. And you know, we talked about this last week. You have to be this is on purpose that we lose these deals. This was one of the reasons that if you look at the history of the Cold War in the nineteen eighties, Ronald Reagan was able to bankrupt the Soviet Union and this is There's a lot of moving parts that go into that, but that was one of the things. He was able to work closely with the House of Sad. They were able to, you know, have a massive amount

of output of crude oil under the market. The main export of the Soviet Union was energy Russia and their natural resources, so a couple with some other things that was that was deal making, That was a strategy. What is happening now, I know it's an inside job, but it's pretty incredible. I mean, they're not even trying anymore. That you have Biden's economic advisor, Bernstein. He can't explain what currency is, like he was on sixty

minutes. He can't explain, you know, how dead is denominated. All this stuff. And he's also arguing he wants to lose this that these these are the read economic advisor for Biden wants to lose the world's reserve currency status of the US dollar was I don't know how the how does the dollar survive, David, if it's not being used globally. And again we've I don't think that these elites understand, or maybe they do, the consequences. I

think the people running the government understand. I think they put in these idiot subordinates who don't, and those are the ones that we that we look at it when they go our leaders. They don't understand what's going on. Maybe I don't know, maybe there's such traders that they would do it anyway, Maybe they're so stupid they don't understand what's going on. But the people who are setting this whole thing up do understand, and you know they are deliberately

It's kind of like the failing schools. Right for the longest time, people say, what is the matter with the schools? And I'd say, I think they're doing exactly what they intended to do. I think they're deliberately dumbing down the kids, and they our government, we look at it and it's like, what's the matter with it. Can they see that this doesn't make any sense? And I think no. I think they're deliberately pulling the economies apart in America and in Europe and other places in the West. I think

it's a deliberate focus on us UH to rip everything apart. I agree this is I think it's a plan. America will be the first nation I think ever that will be brought down artificially. It will have this again. Every nation, every great empire, has a rise and fall, has an apex and a collapse eventually. But this has been accelerated. You go back and

just look at the timeline. I get stuck on this, but if you watch the departure of American greatness and American power and accountability, it really just starts again. The acceleration point, at least is nineteen seventy one, and then that's when we go off the gold standard at least. And I'm thankful for a lot of things that happened post Nixon taking us off the gold standard.

For one thing, it's legal for you to own gold now. You couldn't know it from nineteen thirty three to nineteen seventy four, which is interesting. This is seventy fours, the year we signed the agreement for the petro dollars. Also the year Gerald Ford made it legal for you to own gold. So again it was you couldn't physic you go to prison, you couldn't physically hold it. So now you can, so you can be your own.

But you got to understand, like everything that's happening with the government and the idea of sound money and liberty and accountability with with in regards to the monetary system, that's what props up the deep state. That's what we have the problems that we have. There's no there's absolutely no accountability. And now that they're they're doing this controlled demolition, this is this is the time when you really, folks, you got to pay attention to what this is going

to happen. Like David says it, it's gradually then suddenly, right with the Hemmingways quote about the rich going broke, I mean it's gradually and suddenly. I think we're going to see the suddenly part. And I try not to be an alarmist and say, well, tomorrow are gonna wake up in the dollar is not going to zero, but it is going to digital. That's something that we need to really focus on. It's this is all these

things that are happening. I think you know, David and I talk about it's like, how could you even how dold you let this agreement lapse? And when we need it so badly to strengthen the dollar as well, it's because they're going to cause put in the environment for you to need or ask

for a central bank digital currency. There'll be there'll be a run on the dollar, there will be loss of purchasing power, foreign adversaries dumping it, and so they're going to say, well, this is what you need, just you know, sign up, we here's your biometrics and all the rest

of that stuff. So that that's the at least that's the the signposts that I'm reading from all this, because you can't they have to know that they're going to lose this status, so there might be and again this drome pal has been raising rates faster than any Fed chair in history, and we've noticed that. And they're also very much on the fence about lowering rates now because they have tag flaks and they have they have inflation now, but they also

have an economy that's failing. But I think you and I have also talked about the FED. The FED will choose the strong dollars. So there's a there's a mixed bag, and it's probably a lot of civil war going on and realm of finance which work its way out of the general society eventually the civil wars stuff. I agree, Well, you know, I think it's kind of interesting when they put in commodities of oil, but also the other

commodity that was implicit in the petro dollar was military power. So those are the two commodities that we control, right and so we control the all we control the military power. Once they put the petro dollar there that was based on that, then they could let people have the gold because prior to that then to kind of you know, it was implicitly tied to gold at the very least. And so they move these things along and as you point out,

they're going to they're gradually taking everything down. It just like Fauci said, you know, how do we how do we accomplish radical change? Is basically what that guy was asking him at Milkin. And whether you're talking about getting people to take an untested vaccine or they're talking about radical change in terms of our infrastructure, and our economic organization, our radical wealth redistribution from the Western governments to a handful of oligarchs. When you talk about radical change,

you do it from the inside. You do it with disruption, and you do it iteratively. And that's what we're seeing with all this radical change. And then the question is Kubona who benefits? Yeah, and certainly not the American people, right And because this system has been in place so long, you're going to develop normalcy bias. And I think that's so dangerous right now, because the elites are planning, they've been talking about this. They even

have a term for it's called the Great Reset. They throw it in your face. I started, I was talking about this, and I know you were too, in you know, twenty nineteen. I mean was talking about talking about the language of the Great Reset and the World Economic Forum. By the way, the World Economic Forum started in nineteen seventy one, same year we went off the gold standard. Who knew, you know? So you know, you see a lot of that stuff has followed us into our present

time. In nineteen seventy two, we opened China, and in China was if you read Pat Buchanan's work on him following Nixon, the open China, it was like this backwater almost like it was like he called it, like

a moonscape. It was just it was very quiet. You know, they had they had nuclear weapons in nineteen sixty four, but they were very isolated, you know, the the MAOIs regime, even though they were set up by the Rockefellers and Rothschilds in nineteen forty nine, it was a it was very insulated and they had you know, cross cross border fights with skirmishes with the Soviet Union. A lot of that was covered up, but they still

had, you know, border disputes between some of the lands. These the Russian Czars had conquered and you know, two hundred years prior, but there was a lot of tension. So when that opened up. This is where we are now. China. You know, we have this most Favored Trading status given to it by George W. Bush on December eleventh, two thousand and one. And after that we you know, we lost fifty five thousand factories here in the United States, all this wealth transferring to China. But

I read a report this morning, Dave, was really interesting. The amount of dollars that China now holds is a mystery. There was a going up. The peak was twenty fourteen, and then there was this decline since that time, and now they just basically papered over it and covered it up. You really don't know how much how much of the dollars they actually hold. So this is coupled with the fact that China has been stealthily under radar,

which is very bizarre, buying gold since the beginning of the century. I think that's also a tell they're setting themselves up with their economic nationalism, their manufacturing, which production. If you listen to the former FED chair Paul Voker, when he talked to Congress back in the late eighties, he was saying, well, what's what's wrong with the economy? You know, why is the economy? I am? That's a gest thing on it, right, you know, what's what's wrong with the world? I am? But he

definitely was what was wrong with the economy? These these FED chairmen, Well, it's exactly right. Well, he pointed to the fact that the United States had had departed from a production nation to a consumption nation. You know, that's a consumption economy is not going to be near as strong and productive with overall wealth as a production economy, so we went away from manufacturing.

So there's something happening here. The history here is really breathtaking. If you follow finance and you're a gold bug like me and followed you know, precious metals, and it's all happening now. I mean, just even the news feeds. It's even it's hard for me to catch up because so much happening in the realm of digital currency. But just this here, you know, we're on the cusp of losing the petro dollar. It's you know, I didn't think it would be this fast, but there's really no resistance. Even

the archive stories, David. If you go back to the United States, government isn't putting much pressure on Saudi Arabia to renew it or to create it some sort of deal. And it's truly I mean, you would think that Biden would go over and at least do a sword dance with them or something like Trump did. They could pull out they bought the glowing orb and he could put his hands on it. It's like, yeah, all right, we're all together in on those but they're doing nothing, not even sword dance.

Well, and it's have you heard anything I haven't heard anything on the campaign trail from any of these candidates. No, no, no, all the truly foundational existential issues, they don't care about it at all. As a matter of fact, you know, when you look at this, right, it was energy, oil, it's military power, things like that that they were focusing this thing on, well, as you were talking about, is to make the transition from manufacturing economy to a consumer economy that is a

path to poverty into slavery. And yet when you look at the Green Agenda and you look at the Paris climate a quarter of twenty fifteen, what is that about. That's about making sure that China and India have an insurmountable advantage in terms of manufacturing because if they we've got cheap available energy, nobody can compete with them. And that's why we're seeing a lot of these We're seeing factory after factory close. They are the last seal planned in the UK closing,

and on and on. You see all this stuff. Why because manufacturing is energy intensive, and if it's energy intensive, it's going to be done in the places where energy is cheap. And so this whole Green Agenda has been about making China the manufacturing king and making it so that we can't manufacture anything not competitively. At least let's a way to consolidate power too. And you called it a watermelon that's green on the outside and red communism on the

inside. That's exactly right. I mean, this is what the plan of the elites in the world economic form, whatever you want to call it. There's probably a massive amount of influence too. And I probably need to do a whole show on this where the Trilateral Commission, the Council on Formulations, how much of their hand is in something like bricks and the foundation of bricks.

We know that they founded the Trilateral Commission in nineteen seventy three. At least these years a very pivotal beginning of the nineteen seventies, going off the gold standard, opening China. Trilateral Commission seventy four is also a very important year, not only for this agreement, but it's the last year that the United States ever ran a trade surplus. And you got to remember, folks, a trade surplus. Again, this is what we had for most of

our history. There was the reason we were called the arsenal democracy and the manufacturing marvel of mankind, I mean, is what we the founding father, especially Alexander Hamilton, set up a tariff system so we would protect our markets and we built things, and so there was always a trades That's how we even paid. You know, David's mentioned this many times. That was our taxing system. About seventy percent of the government, the federal government, was

funded through tariffs. So foreign imports you had to pay a tax to enter our home markets. And now you look at that timeline, David going off, going on the Petro dollar, but it was the last year we ever ran a trade plus. Now where does that money go? So if you're running trade deficits, that's that's funds and wealth away from you. And I remember running for when I was running for Congress, I said, well,

we're going to reach a trillion dollar trade deficit. And I was laughed at, but I think it was the Dallas Morning News and I thought, that's just crazy. Well, we hit that and it was you know, it wasn't some it wasn't that much longer after that. It's because we continue to consume and consume and we're based off of debt, and the elites pushed that. That's a you know, we went from a production economy to a consumption economy, and so that's where we are. All those dollars, though,

as I've mentioned, have to go somewhere. They do. They don't just float off in the ether. They wealth transfer. So this large transfer of wealth has been happening under your feet for the past fifty years, and now we're just I think they're consolidating, that's rearranging the grand chess board, all of that. And the danger here is all of us just thinking, well,

you know, tomorrow will be a lot like today's. It's it's not it's not going to be And you go back and you look at it, and I remember you had a lot of people who are all about free trade, you know, carrying the water for the multinational corporations, and they said, oh, this is going to be great. You're going to be able

to like, you'll get everything so much cheaper. You know, these these people in China they've got nothing, they'll work for nothing, and so you're going to get really cheap goods from these people and all this kind of stuff. And it's like, well, you know, is is that a good thing that we're going to use these people as slaves to make cheap stuff for us? And then where what is the long term picture of this. You

know, we're gonna get wealthier as a community. Think about that as a community if we are just doing each other's laundry or cooking for each other with restaurants, and that's really all that's left to us. Now are these service businesses as individuals? You know, if you're not on not a big multinational corporation on the New York Stock Exchange, what have you got left? Basically service businesses. Now, if you do a good service business, you can

still get rich. But at the same time, your community or the country is getting poorer and poorer, you know, so you're going to be a big fish and a shrinking pond that's there, and eventually you're going to run out of water in that pond. And so that's where we've the direction that we've been taking as a community. And you know, a lot of these people who sold us this this open trade stuff. Again, when you go

back and you look at how these things got put in. At the same time, we went from having taxes at the border to having taxes internally. We also set up the federal Reserve, and we set up the income tax and all the rest of that stuff. That's when we made you know, essentially the you know, the guns turned in on us in the same way that the guns are turning in on us now with a surveillance state and the police state and the rest of this. They turned that gun on us economically

a long time ago. And you're you're right talking about the seventies when you had a big new Berzinski when he's starting a Trilateral thing, and you know, and they loved him, they loved his thesis that he wrote a little bit before that and sets up the Trilateral Commission. And when they switch out Nixon with Jimmy Carter, they put him in charge to take over from Henry

Kissinger, who's running the show. Then you get a big new Virginski run the show for the Trilateral Commission. It truly is amazing to watch this thing unfold over all these different years and and how these people are are painting us into a corner. Boy, we're in one now and it's we'ren't a tight spot now. As they said in that Brother warreth Aal, the Marn's on

fire and they're shooting inside. Truly is an endgame. Yeah, And you know, as much as I don't like that the fact that this this plan, that it's been a long term plan to transfer the wealth and power and the ability to project power away from the United States of America. And it's good to wake up. You know that that quote that's often attributed to Thomas Jefferson, You wake up homeless on the continent your forefathers conquered because this was

a plan that was implemented. You mentioned, you know, the income tax and the Federal Reserve. I mean, nineteen thirteen is the four horsemen of the political apocalypse. You know, you have the seventeenth Amendment, the direct election of senators by bankers instead of your state legislator. You get the sixteenth Amendment, which was which was the income tax. You get the Federal Reserve. But you also get in there there's the in the incubation stage where we

start moving away from being economic nationalists to a free trade system. In nineteen thirteen with Woodrow Wilson folks. All that was set up by the elites. This was this was their plan is you know the Cecil Roads, round Table internationalists, merging of the British Empire, the City of London and the United States, and its power to to you know, form a one world government.

And that's where you know, you know, years later, you get you know, after the end of World War One, the League of Nations was rejected because we still had somewhat of you know, we still had some people that loved this country that were in the United States Senate, and it was rejected. But that's where you get the Council on Foreign Relations. They've been working it's an inside job. They've been working on this, and it's

beyond just human intervention. This is a spiritual thing. But they've been working on this since well for since the beginning of the country, but especially accelerated after World War One. I mean, and I'll end with this, David. You know, the debt of the US going into World War One, the war to end all wars was was a billion dollars, and when we were done with the war, it was five you know, because now we had the federal reserve too, and they had hijacked the money supplied and they've

expanded. You know, it was five billion. That's pretty quaint compared to where we are now with a trillion dollars every ninety days. You know, it's so totally unsustainable. But you know, watch watching this is monumental day. We're watching these agreements expire, and this is a this is the passing of an age of the American empires, and it's swiftly eroding. Right. Yeah, And of course when you look at China, they loved China because

the Communist leaders were nothing but thieves. You know, Marxism is essentially a kleptocracy from one regard, you know, kleptocracy combined with detalitarianism. So they knew these people were bribable. What they did was they set up a kind of fascist system where you had public private partnerships. You didn't have a business there unless you had a Communist party partner there. And so that kind of model that they used. They liked China because they could have their way with

it. And you hear the politicians and everybody else saying that all the time. Well, I love China, do whatever I want to there, because it's a dictatorship and they want a fascist dictatorship here. That's what the public private partnerships are all about. And they're the ones who are going to you know, you asked before, where does the money go, Well, we know it goes to these guys. They're the ones who get it. I've

got a question for you, Tony. This is from Michelle Obama. Thank you for the tip on Ronfan said, Tony, does the gold you send me that is larger in size have less value because it's not as easy to break down and trade for day to day items? No, Well, I think what you're referring to is there's when you get gold that is broken into things like half ounce, quarter ounts, tenth of an ounce, or even gram bars. I got to put a lot of the gram bars in the

wolf Pack packages. There is a premium placed on those just getting that, like, my cost is going to be higher, doesn't It's like it's not a cost I'm passing necessarily onto you from the mint that's Mike. I have to absorb the cost first and then you know, sell it. So there's always a higher premium on fractionalized gold as there is unfractionalized silver. It's just

the way that metals work, the minting process and all of that. There is always going to be a little bit more and sometimes a lot more premium. It's one of the things that's great about wolf Pack. We buy the gram bar sheets and sheets of one hundred, so one hundred grams of gold per sheet. And what I do is we put take those little white gloves and we break off the grams and then repackage them into a coin flip.

So instead of you paying going online and finding one and that's an assay that's through like you know, one of the major retailers, we'll save you, you know, ten fifteen dollars a piece on those. So it's not that it's your goals. Your goal's worth less if it's in an ounce form, and it's not necessarily that your goal was worth more when it's in a fractionalized form, But you end up paying a little bit more, and I think

there's probably a psychological value placed on that. It's like if you can just trade grams at a time, I think people would like that, by the way. I mean, I think that's a way that you could handle business. And it gives you the ability to you've made that coin divisible, So that's the whole point of why you're paying a little bit of it. I

agree. Yeah, yeah, when you get something that's bigger, it is that you're going to get a bulk discount type of thing on it, right, And then if it's smaller, you've got some more utility for it in terms of maybe you know in the future if you're trying to it. So those those two things that just kind of there's there are you know, different

types of things that you might accumulate. You know, you're looking to get a massive amount that you then can't break down, uh and but you can get a quanity discount on it, or you're going to get something that you know, there's more uh more involved in manufacturing it and more stuff that has to go into it, more processing, but it might have a little bit more utility for you in the future. I guess it's just that maybe it's

that kind of trade off. Well else that's by the way, that's the way I buy a lot of my goal for myself personally, even though I mean I buy it from people that come here to my shop or in my place in Dennis and Texas. But you know, I try to buy the ten thounds pieces so that you know the same things. If you call me and you want to buy something, just know that I'm it's like I'm buying

from myself. I think what would I do with this particular situation. So it's you know that's just me projecting my own strategy with my custom and uh so, I told that's a great question because I have the same I have the same thoughts, like a tenth thounced goal krugerrant. I love krugerrands, you know, South African. It's part of the bricks nations. It's probably a good hedge there. You can usually get a good deal on them.

They're not there's the premiums on there aren't like American eagles. So I like to I like to save those those krugerrands. I like the ten thound pieces. As a matter of fact, I got one on my you know, I carried one on my neck. That's my necklace. It's a good way to travel too. Like if you want to take a little gold with you just in case, like of a backup, you can always do that with jewelry. I go on a plane, the tsaal it from me. Wait a minute, I had to this basket. Where'd that go? Uh?

Yeah, that's you wear it. Don't don't put in your bag to touch it and steal it. Authority that's what the TSA stands for. I guess. But so, uh, what's going on? Other things? That are happening, any specials or anything like that that's going on at Why's wolf you want to let us know about, well, I would. So we're working on payment systems. I've had a lot of people reach out and said I

heard you on David Night talking about the new payment systems. Working on that where you can do ah, it's for some of the larger tiers or one time purchases. And I'm working on being able to accept major crypto on wolf Packs. You can go on and get in the shopping cart use bitcoin or ethereum. We should be announcing probably this time next week when I'm on with you again, hopefully we'll be announcing that. So that'll be really exciting.

Oh yeah, and we've got a lot of great, great products going out on Wolfpack. If you haven't checked out Wolfpack, go to Davidnight dot gold and look at all the things that you can set up and automatic. You can do one time purchases and we buy your metals for you. So the more we've got close to we're getting close to like twelve hundred people, so we've expanded our reach there a bit. I got like seven hundred five star reviews. So if you haven't grown wolf pack or you've been on the fence

about it, especially with this going off the Petro dollar. Save some silver, get some gold, you know, and with us, you're going to get quality products delivered directly to your door and all that certified. And I buy for you, I buy for you like I buy for me. Just so yeah, yeah, what would Tony do? That's that's what you're thinking when you're making the purchases. Well, you know, as Gerald Cilenti will always say, he says, I don't predict the future. I predict trends.

And we know what the trend is for gold. We don't know when it's going to happen, when the price is going to go up exactly or go down, but we know what the trend is for the dollar, and we know what the trend is for gold. And so that's that's all you need to know to know that you need to start accumulating gold and silver. Thank you so much, Tony, it's always great talking to you, and you got your show is going to be following to the expliment. I've got

another question here. I think this is from Atomic Dog. You said, David, gold has gone up about thirty two percent of the last two years. What does your guts say about the future price increases? Is three thousand likely within the next two years. I saw something the other day, and I don't remember what the time period was talking about gold. Maybe it was longer than two years, but it had gone up quite a bit. What

is my gut feeling about it? Well, let me ask you, Tony, what's your gut feeling about it. We're not making predictions there, but we're talking about the trend. You know, if we got any I know that there's a lot of banks that have picked twenty seven hundred dollars, you know, by the end of this year, beginning of next year, several of them have picked three thousand, and then of course you got some wild outliers that go really high, just like you see with bitcoin predictions and things

like that. What do you think, Well, I think just conservatively go back to twenty twenty and City Bank was expecting three thousand dollars gold during that time, and I think the second quarter they were talking about twenty twenty one, three thousand. There's been a lot of disruptions in the natural progression of what gold's value is, and you got to understand This is warfare, folks. This is yeah, this is a very you know, this is fourth

dimensional warfare. That you've got. The United States' Central bank is war with gold. That's why they don't buy it. That's right. The West is buying it. Market is simply not simply market forces. You've also got you know, active manipulation. Yeah, active manipulation. There again, there's a revaluation of commodities, even things being denominated in dollars. And I think one day we'll look back and wonder, what does what does that even mean that

we were denostinating all this stuff in dollars? It is it is crazy. You know. Gold is really if you if you step back from it, gold is the world's reserve currency. It's it's supplanted the dollar already, you know. And I think the final nail in the coffin was twenty twenty two at the invasion of Ukraine by Russia and the sanctions that were placed to blow back from that. And and so I think that gold, it really is

the world reserve currency now. So what happens with it being denominated in dollars That's a great question. And I think if you're if I'm betting on something I think easy three thousand dollars gold in the next twenty four months. I don't think that's really a problem. It could be much higher. I mean, honestly, would anybody blanket five thousand dollars you know an ounce gold? Probably not. But if I'm if I'm understanding what happens when the price goes

up, it really slows down all the things that I do. You would think it would speed it up and there would be like some windfall, but it really doesn't. It's a really crazy time. Like it takes me about two weeks now to get paid on a certain type of items, especially the larger gold items. Even though the price is up, I usually have to sell them to the trading house. It's taking a long time for that to

be valuated to be paid for it. So everything is slowed down, and I think it's like choking out some of the cause you know, you're dealing with more dollars. There's more risks that happens if you're holding that much more, so you've got to understand all the factors that will happen. So I don't I don't pray for higher prices. By the way, I don't think that's a good thing. Right now, I think it's right. I mean,

right where we are is crazy. So this is the you know, it's hit its all time gold hit its all time high and five times or something like the last four months. So we are we are on a trajectory of a bull market for gold. But I don't think it's just a bull market. I really think it's a it's a generational shift, yeah, for you know, for the world's reserve currency of the dollar status moving away the

dollarization and revaluates. Well, you know, we've talked about Zimbabwe for example, you know the backs case in modern times, a trillion dollar Zimbabwe note and all the rest of the stuff, trillion Zimbabwe dollars. They did the ziggy the Zimbabwe gold thing, and it's actually gaining against the US dollar. How bad is that? Where the US dollars falling against Zimbabwe's currency. It's

up two percent over the US dollar. So I said, it's it's having some problems in the country because there's a big black market there competing in a lot of different ways with the government's currency. But internationally, you know, people are liking it again because they supposedly tied it to gold. I guess maybe internally people don't believe that it's tied to gold. You know, this is the big lie. How do we know that they're telling them it's the

truth? You know, It's like when they always tell us a lie. So but yeah, I think it's it's going to be there. It's the it's a safe play, you know, when you've we've reached a certain point in time and you've been on roller coasters of investments. I'm not interested in any roller coasters at this point in time. I'm too old to ride them, you know. So I'm looking for something's going to be kind of slow and steady and stable and physical and all the rest of these things that gold

and silver are. And that's that's just my personal opinion. I you know, the stock stock market is doing really well, but it's like, you know, just a couple of stocks that are doing it. You know, first it was seven now it's only about four stocks, and it's focused on AI and it's focused on Nvidia. Things like that. These are things that are kind of fads. And I've seen a lot of fads come and go.

You know, as these people are setting up their global conquest, what were we doing back in the seventies, you know, people are dancing to disco and wearing bell bottoms, you know, so it's like, what do we know? It's kind of crazy and how uninformed we are about what these movers and shakers are doing in the background. So you've got a program that is coming up following this one, is that correct? Oh yes, sir,

Just at eleven am Central time Arderburn Radio transmission. I'll be live on a rock fin on the America and Plug channel and my Twitter at Tony Ardeburn and a couple other plays Freeworld dot fm as well. Yes, yes, good, yes, and I think we still need to get there on so yeah, someday we'll get our tech changes done. It's so much stuff on a regular basis. It's already get something now, I understand. All right,

Well, always great talking to you, Tony. Thank you so much for joining us, Thank you so much for your support of the show, and everybody check out his program immediately following this, and you find on Twitter on let's see right, at Ronnie on ye yeah yeah, at Roman and also at give me the addressing in the FM at Freeworld dot Fm. You can work to a lot of great hosts there live and uh shout out to Jason Barker, who's been doing an amazing job. He's streaming your show right

now in Freeworld dot FM. Well that's great. Yeah, do we have a link to that on our website. We need to make sure we've got at least a link to that. Uh. So that's great. I'm glad that he's streaming that there. Well again, thank you, Tony, and uh we're going to take a quick break, folks, and we will be right back making sense common again. You're listening to the David Night Show. M

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