INTERVIEW Voters Push Gold in TX as Wall Street Pushes Bitcoin Derivative - podcast episode cover

INTERVIEW Voters Push Gold in TX as Wall Street Pushes Bitcoin Derivative

Jan 11, 202438 min
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As Wall Street & SEC push institutional Bitcoin, TX GOP primary will have gold on the ballot. The financial times, they are a changin'. Tony Arterburn, DavidKnight.gold, joins

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Transcript

All right, folks, welcome back and joining us now is Tony Ardeman of Wisewolf Gold, and Tony has been a big supporter of this program for a long time. He's set up David Knight, not Gold, so he knows if you're coming from us, and I want to talk to you. We got a lot of economic issues that are happening right now. We got budget deals, we got massive inflation. But it's all fixed now, isn't it, Tony. We're not worry about We got the soft landing that's coming in,

but we still haven't landed. We're still and as we look around, it looks like the door's blown off on side of the plane, doesn't it for you? For you and I I thought that was a that Alaskan Airlines flight. That's a pretty good analogy for what's happening to the Western economy in general. But hey, but now David, we have a bitcoin etf Everything's fine, that's right. You can get black Rock to buy your bitcoin for you. I am so confused by the interest in this, and it's I

understand that a lot of the crypto traders of people. We'll go into FIAT and we'll get into the system, it'll become normalized. I'm thinking, well, that's the last place you want to go. But okay, you know, well we'll go ahead and let this ride. Yeah, And I've seen an article one person saying, well, I think that one bank, And now an analyst at one bank says he thinks a bitcoin is going to hit two hundred thousand dollars after the CTF approval. I don't know. I've seen

a lot of volatility. I don't like volatility on something that I've invested in. It's like, seems to me like it's kind of like a crap shoot, which is everything that's in the stock market. And once you roll the bitcoin stuff into ETFs and make a derivative out of it and then trade it on the gambling floor, I don't know that's a good thing or not. My favorite part of the whole thing was the descent of the SEC board and what they the holdouts that didn't want this to happen, and they're mostly on

the left. Yeah, and they believe that that bitcoin finances terrorism, that it's used for monality and money laundering, and I think it's nothing. It's nothing compared to what the US dollar is. Are you paying attention, and of course they know that, but it just really exposes the establishment's love and lust for unlimited fiat currency. Yeah, and you know, I was staying

of bitcoin. I mean, that's not what I do primarily, but I started buying bitcoin when it was three hundred and eighty dollars back in twenty sixteen, putting in my bitcoin ATM so I know a little bit about it, and I think right now we're going through a phase where it's there's gonna be a lot of interest pique now because of the ETFs, but it really isn't

the point of it. I think that's the funny part about the whole thing is that it's a it's a completely different system, but you're still still interested in what the fiat banking system thinks about it. I'm not. I'm looking at parallel economies and what we do moving forward away from this. Yeah. Yeah, they're saying, yeah, we're going to get institutional money in. As you point out, you're looking at these institutions that are failing and corrupting.

But and that was the thing that I didn't read what the left said about it, but that was the big question mark in my mind about it. It's like we've been We had this campaign from Elizabeth Warren, we got to destroy all crypto, the competitors to our CBDC right now, and yet you know they on the SEC they approve this again. You know, it really kind of surprised me. But you might even look at this and saying, so are they trying to sabotage it like they did with their derivatives and

the real estate market? You know, real estate is good stuff, but look what they did with their derivatives. Is that what they're going to do to bitcoin now? With these derivatives, I'm not real for the dot com bubble? Yeah, exactly are you sabotaging it from the That's a great question. It's an open question. Or maybe it's just because there's an inevitability of cryptocurrency in the face of what's happened globally. I mentioned maybe on your so

last week on my show. I mean, it's fifty two times more currency today in the world than there was in nineteen eighty mm hmmm. Right, that's a bubble of all bubbles, something we've never seen before, and it's going to crash. Yeah. I was talking to you off air about this Swiss National Bank. There's a systemic banking crisis on the horizon for twenty twenty four and beyond. I think we've seen that last year with Silicon Valley Bank

and First Republic. But the Swiss National Bank two years in a row. Now again this is this is Switzerland, where you go for a banking safe haven. The Swiss lost money at the Swiss National Bank level two years in a row. But they made money on one thing, and that's the gold they purchased that they have in their holdings. And that is a little bit

ironic. That's what we're seeing around the world is that you know, these central banks are buying gold, but the fiat currency system is imploding and they're all moving away at different systems, and especially you know, again, unfortunately right here, the US dollar is on its way out and it's not going to happen tomorrow. But we're seeing the signs and of course, you know, inflation, and they're telling us inflation has been licked now because of the

election, not because of any data. And you know, you see the data from Chick fil a prices increased twenty one percent in two years. But that's not even the worst of it. Take a look at what you say at the grocery store and other things, and they can manipulate the price of stuff like fuel, and they can do that temporarily for the election. But

we know what the trend is for the longest time. We know that Biden does want to destroy it for the long term, but they're going to profit from it in the short term, and they're going to use it to profit in terms of politics in the short term when we I don't know, of

course inflation. I think they're going to do everything they can to pull every manipulation they can this last year, but it still remains this next year, the selection year, but it still remains to be seen if they can really do anything about it or if it's going to blow up in their face.

Well, these financial products that we are so ubiquitous today for a one k's iras, just the amount of advertising that you see to open up a stock buying account, all these things, in my opinion, were put in place after nineteen seventy one, so you wouldn't pay attention to the fact that your dollar buys less and less every single year. The purchasing power is diminishing, and yeah, the inflation rate they always pegg it it's a seven percent,

it's eight percent. We're getting it. We have now they have the what Jerome Palwet referred to as the terminal rate, which I think that's more apropos to what they've done. But you have to think math isn't political. Math just is it exists outside of the realm of what you believe. You know, it just it just is going to reinforce reality. And I think that's

what happened with you know, the last three or four years. You have eighty percent of all the dollars ever created in history, in the United States history made in the last forty eight months. And that's going to create inflation. It's an inflation of the money supply, and that makes the cost of goods go up. And of course you don't even factor in a lot of these retailers like Chick fil A. It's not just the rising cost of goods.

But you have to recalculate what your profit margins are. That's a whole other that's an entirely different calculation because when the prices increase, guess what else increases? Fees get credit card fees. Most consumers don't know the entity that makes the most at your gas pump. It's not the gasoline retailer, it's the credit card company. The credit card company makes more per gallon than the person who owns the store. Yeah, oh yeah, I promise you that

it's at three dollars a gallon. That's three cents on every that's nine cents a gallon that goes to Chase Manhattan, or it goes to Blackrock. Okay, that doesn't go to the person who owns the convenience store. So you add those fees in, So there's all sorts of hidden fees anytime the prices increase. And I will tell you something, folks, if the big banks thought inflation was a problem for them, then they would be talking about fighting

inflation and wanting to do something about monetary policy and budget policy. But they don't. They like higher prices. They make more. Yeah. Oh yeah, we had our You had the experience of having been involved to a gas

station. You know what those margins are in our retail operation. The credit card fees are just crushing, you know, and there really wasn't anything that we could do about it, you know, as everybody would move to a plastic you know, that's another reason to use cash is to cut out these big credit card companies and big banks that are working on ways and how they

can dbank us and take our money and steal our money from us. You're feeding those evil institutions that are out there, and it'd be better for you to feed the local businesses that you're dealing with and then also keep your anonymity. But it's just the convenience of the credit card for the consumer, and that's the way this thing has been going. You know, there's Mike Michael Mahari who is with a tenth Amendment Center. I've interviewed him many times,

but of course he also talks about gold. He said, there's three things that have been driving a bull market in gold into the new year. He said, there's the demand factor of the fed fact after the January factor, he said, as far as demand goes, he said, gold has been up thirteen percent this last year, and that's what you're talking about in terms of the one thing they're making money in Switzerland with. But he said, there's also the January factor, and the fact is that gold makes these big

price increases in January. For the most part, it goes up. Have you noticed that I do, and you know, Michael's right about that. I read that article on the Wise Wolf Golden Crypto Show on Monday, and I think he's spot on. I follow his work. He's now over at Money Metals, smart guy, and you know, I think he's right about historically in about January he did there was a couple of asterisks there that I think it is twenty twelve or a couple of different years that that didn't happen.

But we're seeing a bump and I think, you know, right now, gold's trading a little under two and thirty dollars per troy ounce, but we're in a lull right now. There's been a lot of profit taking. But it does it. I don't think it takes a psychic or any with any sort of skills to look into the future and say that Gold's going to break its all time high again in twenty twenty four. I think that.

I think the horses out of the bar. And you look at what happened in the last quarter of twenty twenty three, and I think that's nothing compared to where we're going. There's been a lot of delayed reaction to David. This is something I study every single day, and it's in my business, it's my life. And I remember back in twenty twenty when gold hit its all time high. Before that, there was a lot of reports coming out

in major financial institutions. They don't talk about this anymore, but they were just throwing out easily gold at three thousand. This was like City Bank and other major corporations and making institutions. That was kind of put to bed because there was I think again, gold is an enemy of the Federal Reserve. Gold is an enemy to the Fiat banking system. The more that the price, when you see the price of it go up, then there's something wrong

with the currency. And so I think they constantly try to keep that in balance. And those wheels are coming off. Is because the bricks nations and these other nations, like we just talked about the Swiss, they want to see their gold holdings go up. And if the pricing model is tagged to what the West has now, which has been for decades, it seems odd like what is happening? Why don't these prices move, especially with the loss

of purchasing power. I think we're seeing the beginnings of what the reset is actually going to look like, and the price of gold will go up. I'm not giving you investment advice. We make that clear. It's not an investment. The price isn't really going up. It's just your dollars losing purchasing

power, that's right. Yeah, And you know we're talking about Michael Maherry and his big interests are gold in the tenth Amendment, you know, trying to get power away from Washington, and we talk about that inherent competition between the Federal Reserve and gold in general. It's very interesting to see what's happening

in Texas. You've got a primary coming up in March, and so they put a lot of ballot initiatives in the primary, and that can come in from the grass kind of the grassroots Republicans, but they still involved in the political party, but it's fairly large, and so they've pushed in some things like you know, the Texas Secession, that's one of them that they keep

putting in there. But they've had in the past things like, you know, a ballot amendment for the primary to show the Republican support for protecting kids from transmutilation stuff, for example, and those have frequently found their way into legislation by the Republicans because it's a Republican state, heavily Republican, and if they see that there's a lot of support on these particular issues at the primary level, there's a chance that they'll put it in and enact that policy.

And so they've been able to get a ballot proposition onto the Texas Republican primary that'll be in March that would have the Texas government used the Comptroller's office to start a program to quote administer access to gold and silver through the Texas Billion Depository for use as legal tender. And we're seeing this happening, as you know, and as I've talked about in the past, we're seeing this happen

in a lot of different states. Here in Tennessee, we've got Senator Nicely and some others who have been working on trying to get a first they call it a state bank in the state, and the local banks thought that might be competition to him, so he wisely renamed it a Tennessee Reserve System to get them to understand that this is something to get away from the central control of the federal Reserve and then also to set up a depository like Texas has.

They are the only ones who have that right now. But the real issue is going to be if you can deposit and keep gold there and then write checks on it. That'll be an interesting move and it'll have consequences. I think if the first state that does it is going to be a breakthrough, and I think a lot of other states are poised on this talking about it. I think they'll probably follow through on that as well. What do

you think about that? How is that going to affect this competition between the federal Reserve and the states who are trying to pull power away from it. Well, if you recall, I think it was about mid twenty twenty three, the Texas legislature is also considering a digital gold currency that will be run by the state of Texas. I'm all for states exploring this and having boullion banks. I think you need to be cautious when you talk about the state

running anything that would resemble a currency. I don't know that I like that. I don't think that's needed. But if there's a way for the state to at least enforce that gold and silver or legal tender, I think that's great. This is part of the decentralization process, and I think if you put it to a vote. Just looking at Costco, David, looking at Walmart, we know that they're selling goal bars and they're running out. The

public is hungry for something different than needs. They want some stability, and gold and silver are always been a safe have and I think people are starting to pay attention again, especially when you're talking about, hey, you're it hits you where it hurts. It hits you where your chicken sandwich. You know, your chicken sandwich went up to twenty five percent. People start paying attention eventually. And my dollar is starting to look like a waffle fry.

You know, it's the holes in it, and it's a shrink inflation. You're like, well, there's not enough chips in my bag of chips anymore. All that stuff that hits people and that they're starting to pay attention. So I think this will be part of our's, part of our future. It needs to happen on a state by state basis. Branting you know, legal tender status to gold and silver, even throwing in things like bitcoin. There's some states that allow you to even use some of your crypto to pay

for property taxes. I think Ohio does that. There's a couple of states to do that. I think this is important, especially move into the future. What you have to be cautious about and what you mentioned is creating another fractional reserve banking system out of the state. This and this, this get a greed always creeps in. I don't trust politicians. I was on a ballot in Texas about was it ten years ago or so, so I was in that same primary ballot was one where they you could vote to initiate the

Texas secession. They actually had something on there. It was like a preliminary test model. And I think there's any kind of ballot there again this year. Thanksasis well those that's growing to see. You know, ten years ago when I ran for Congress in Texas, even in like deep East Texas, when I when I would say we need to end the FED, people didn't know what I was talking about. But now they do. See this is like I was. This was you know, Ron Paul's book in the FED.

I was on that. That was part of my plank, Like right up on the top of my campaign website is auditing and ending the Federal Reserve. I wanted audit. I want to figure out where the money went and I want to, you know, create a new sound money system. And I think that was a little bit over people's heads at the time, not everybody, but right now that would be a huge thing, like if you were and you don't see many people doing that, but I think that will

be part of the future too. And I think that's the key thing. I think what you're saying, people's awareness of the federal system, you know, the federal reserve system, and that's really what's behind the thing they call it a Tennessee Resources. It's not like they're going to set up some kind of a Fiat currency fractional reserve system thing here. But they're saying, you

know, for those small banks away. It's worked in North Dakota. They have far more small banks and local banks there than they do anywhere else, and so it's a move to try to decentralize and keep competitive the financial situation. So you know, it's cutting some loans and things like that and kind of backing up the loans with them on some of the things that that type of thing. But I think, you know, regardless of the details, and of course, the devils are in the devil is in the details on

these bills, you know, the Texas thing. But what it shows is that there's a tremendous amount of awareness of the untrustworthiness of the Fiat currency and that there's a lot of demand at the grassroots level to try to move to something that is legitimate, like gold, that's constitutional money, you know. And so there's an effort to try to get away from the central, centrally controlled, corrupt, manipulating financial system, trying to get back to honest money.

And that's at a grassroots level. I think that's a big takeaway. I don't know what the details are in the proposal, and again you would have to see what they actually proposed if they do something in the legislature, and the details will be very important. But what we can see right now is thisot grassroots demand to get away from this corrupt, centrally controlled system.

And I think that's really what's driving all these efforts where you're talking about Florida or Oklahoma, or Texas or Tennessee, it's to get away from this federal reserve control. Well, it gives me a little bit of joy. You have to realize that somewhere a bankster has a lot of anxiety over this simulation. They're wait, wait, that wasn't supposed to happen. It's they're supposed to beg for the to be biometrically scanned and give up all their data and

their freedom for this central bank digital currency, this CBDC. They're still going to implement it. There's still I mean, this is still we're on the path for central bank digital currency. But will it when it lands, will it be inert That's the question. If enough of us and the grassroots and the states continue to make give you, you know, outs, give you a way out of it, or a parallel system, then it's toothless.

Yeah, And I think that's that that should be the goal. It's not that we can completely stop the central bank digital cred currency, because they're going to implement it. I mean, you're talking about BIS, the Bank of International Settlements im F. This is coming from the top down. They're going to do something with it. But if we continue to see this trend, which I'm very excited about, I think, you know again, and it may even hurt my business. I don't I don't know, some of it

may hurt my don't care. I think freedom and liberty are the most important things I want to you know, this is this is our legacy, is what we fight for. So I like the fact that, you know, make gold legal legal tender, makes silver legal tender, you know, and I think people would rather trade in that once you could become familiar with it, David. Once you know, once people start using gold and silver on a daily basis or to trade amongst themselves, then you'll you won't use dollars.

Now you've made big steps along those ways. We had a lot of states that I have taken off, you know, capital gains tax on the sale of gold and silver and things like that, so that you know, they're not treating it as a commodity. And so that helps to facilitate people being able to use it to you know, in private exchanges to buy and

sell stuff. And so we're seeing these these steps being taken, and I think that awareness of you know, all these different things, regardless of you know, how they might ultimately work out, it really shows us that people are aware of the dangers of this centralization. And you were talking about how sensitive they are to criticism of the Federal Reserve. Is just this week that

I realized that when this wonderful life came out. The FBI was putting out, and it's been publicized by a lot of people how much they hated that movie. They called it a communist movie. They started investigating people that were involved in it. We that explains a lot of the censorship that I've seen with that one report, because you know, just to criticize bankers, not

even the Federal Reserve, but just to criticize bankers in general. Oh well, then you were a communist if you don't like mister Potter in that thing. This guy is a villain, and you know, the FBI is not interested in what he did with the money that he stole from. That's grand lars, and especially in those days, eight thousand dollars. I think it

was more than he quoted for the price of the house. He said, you know, George, you can have like a five thousand dollars house or so, you know, there's a substantial amount of money, even today, but especially back then. But they're not worried about that crime. The crime that they saw in all of it was criticizing bankers. That's what we hear those alphabet agencies. You know, the alphabet agencies have a long history of

connections to international banking. Even go back to the founding of the Central Intelligence Agency. You'll see a lot of connections these. You know, there's a reason why in twenty nineteen, the last quarter twenty nineteen, you saw the largest exodus of CEOs and history. You're telling me that the multinational corporations and

finance don't have connections to intelligence. Yeah, give me a break. There was an article by the Mesas Institute kind of in that same line of logic about the Secret Service and their history as an enforcer of the Fiat currency system. They actually had some stronger language to it. But there's an article that's up on zero Hedge. I think they called them a gestapo and I I was reading over the article before we went live, and I say, I

knew that I'd read that before. There's a lot of criminality in the banking system. I mean, there was a meme being shit and I hate to debunk it, but there was a mean I liked a lot and it showed a kilogram bar of gold. Okay, so thirty two point one three ounces of gold, and it said ten of these in nineteen twenty would buy you a house, buy you the average house. And then it says, ten of these in twenty twenty four will buy you the average house. Well,

it's supposed to be a ten ounce bar. Sorry, I had recalculated it. But they're exactly right, you know. So the crime again they were right about the premise was right, but it's too much gold. It's basically you need ten you know, of the bars will be two hundred thousand instead of the they had like six hundred thousand. That's not the medium price of a home. Yea, but the premise is right, and so the crime

is in that meme. Think of the crime of that, Like you how much wealth was stolen when they decouple the dollar from gold, when they take the silver out of our coinage? How much crime is in that? I mean, it's massive. You've you've created a completely new class of people that are going to be dependent on government. That's what they've done. They've they've

made the American dream so far out of reach. I was reading, was it ten percent of investors in America own ninety seven percent of the stock? Wow? Wow, that wealth disparity. That's because of our fiat system. And you look at you know, the Federal Reserve, and then of course

also Wall Street which concerns me so much. This natural asset company thing, right when when you look at if they can just go in and you know, ban gold or confiscate gold and set up central bank Fiat currency and you know, wave their hands and make this happen, and okay, this kind of derivative thing over here, you know that they're perfectly capable of doing something like this natural asset company where they you look at the president's especially Trump,

his metric of success was always what's going on with the stock market? You know he wasn't when you look at what Biden is doing with jobs created, it turns out that about two thirds of his jobs that were created they now admit were not there at all. But we always see that being done. They always come out and manipulate the unemployment figures a cup a quarter or two down the road so that they can create a new trend, right the cut. First they put stuff out and say, look at all the different jobs

that we created, even though they didn't create them. And then next quarter or two quarters down they revise those previous numbers so they can make this quarter's numbers look better. That is a trick that they have always done, just like this whole thing going on with this deal that's gotten some of the Conservatives upset with Johnson about them saying that they had massive cuts to the IRS. Republicans achieved massive IRS funding cuts in the spending agreement, says Daily Caller,

Well, they didn't cut anything at all. They cut the proposed increase, but they made it five and a half times bigger. So these types of lines, that's why I think, you know, the inflation stuff. Even though they say that they are going to pull out all the stops for the election and appear to be trying to do that, I don't think they're going

to make any dent on this at all. Really no. And it reminds me a lot of remember John Kerry, what was it the two thousand and four election, and it was eighty seven billion that was in a defense budget and he's, you know, you vote. He was for it before he was against it, the kind of thing. And that's the way Trump ran against the stock market. I remember this. Yeah, he said, it's a bubble, it's based on nothing. We got to do. We got

to goudit the Fed. There's so much debt. And then he was elected and that was all about his presidency was all about how wonderful the stock market was. And I remember you, if you've paid attention to history at all, you're going to look at the stock market and these numbers. And I

opened up Wisewolf in twenty eighteen. I was down in San Antonio. I had Fox Business on every day, and of course I'm I'm completely inoculated against it doesn't affect me, so I'm just watching it just kind of his intel, and I'm thinking, this isn't gonna last. This is fake. But I would see the prices of metals were down. I mean, goal was, you know, twelve hundred dollars an ounce eleven hundred an ounce at sometimes,

and you know that that is so dirt cheap. And I would look at just what the price of the dollar index and everything else at silver. I was buying American eagles at sixteen dollars. I mean that just seems like a quaint time. But where'd all that so called wealth go? You know it, it's all fake. And yet they're going to have They've got, you know, three lowering of rates in twenty twenty four. They got more

planned for twenty twenty five. Are they even going to I don't know that that can they plan monetary policy anymore that far out, David, I don't think they can. I don't know that even the so called experts really understand the implications of doing what has been done to the dollar, not only through the expansion the money supply, but through our arrogance and the sanctions, what we've done to weaponize the doll That blowback that is happening, and it's happening.

It doesn't just you know, overnight all these nations rise up and start dumping the dollar. It's just you know, gradually and then suddenly, And that's I think that's what work. Yeah, yeah, it's true. And the ability to create these these fake illusions of wealth here and then remove them. That's why when I look at these things like this bitcoin etf like the natural asset companies and all the rest of the stuff, is like, I

just don't want to participate in this fraudulent fantasy football league. You know that they've got going, And that's what it looks like increasingly to me, it's like there's nothing real about it, but they can make it really miserable for you. They can manipulate even something like real estate, you know, once they get people leveraged into that they can really do a ropodope and a pump and a dump, and they got so many different tricks up their sleeve.

And it really is concerning when I see something like this, you know, just a last week, looking at the great taking and looking at the natural asset companies. Why I tell you, they've got some jumongous schemes on the horizon, which makes me want to run to something that is private and something that I hold that retains its value all the more. That's why I think gold I really don't have a problem telling people about what valuable and secure investment

gold and silver are. And it's just key, I think, to try to get out of these schemes. Well. As a young soldier, the army teaches you the motto is adapt and overcome. That's what I think that is our charge in these coming years, in this decade of the Great Reset of Agenda twenty thirty is adapt and overcome. The old system that we're watching implode is not going to be there for you. I'm sorry, it's not

the history. If it's history is your guide. If every fiat currency goes to zero and the United States dollar is the world's oldest living fiat currency. Okay, since nineteen seventy one, decoupled from gold. The average lifespans twenty six years for a fiat currency. We're fifty years plus on. Yeah, this isn't going to end well. And I would say, can you have the other countries transitioning away from the dollar system. This is going to affect

us on individual level how our economy operates. But you'll see. But the silver lining to all of it, it's like just what we've been talking about states decentralizing. You see the bitcoin even though they're they're looking at the ETFs and I find it silly, but it's opening up new interest. Yeah much. I've got a comment here from Amos Pool on a tip. Thank you

very much, Amos. I appreciate that. On why Fanny said, I've heard with the bitcoin having halving, getting it in half right in April, and the likelihood of the sec approval of ETF which has happened, there'll be a large rally in bitcoin and other cryptos. So yeah, that probably will. I think it will go up quite a bit. It's just I look at it and I look at the volatility, and I've I've and I'm old enough to have been in the stock market, had massive paper gains that then

disappeared and then some you know, the volatility scares me. The virtual aspect of it is something that scares me. And when I look. But the thing, more than the investments, I think i'll get your comments on it, Tony, But more than the investments, it's just these these manipulations with CBDC and the NAC and things like that. I just I want to get out of that system. I want to get out of a digital system. I want to get out of a Wall Street system. I just don't want

to participate in. That's just my personal thing. Well, I'm skeptical on so many fronts with this because, first of all, that's how you manipulate the price of silver and gold or through ets, through paper, that's right, So you're not actually holding bitcoin, And who knows if they're going to have that. We've talked about that. Did they really have that silver and gold in the Shanghai exchange or are they using the Shanghai exchange to shanghai the

price of gold and silver? Yeah, show me, you know, And I've often I just wonder, like counterparty risk would you rather hold it? I mean, because right now I can buy bitcoin. You can buy it pretty much anywhere. Now it's ubiquitous. Same thing with gold or silver. I don't have counterparty risk if I have that that gold coin or bar or silver bar, or if I have bitcoin and it's my own wallet, not attached to an exchange. It's just again, this is just the beginning.

Though. You know that the crypto space was built, you know, the cipher punks, the cryptographers back, you know, the whoever Satoshi Nakamoto was after the two thousand and eight, two thousand and nine debacle. This is what bitcoin was born out of that. And you have to be for ten years they've been trying to get this ETF pushed through. They finally got it. So I have, you know, mixed emotions on it. Fine,

but I just I'm looking at the new systems that are being created. It's actually exciting because there's a there's so much more awareness now of what money is or what currency actually is. The two things sometimes go together that they're not They're not exactly the same all the time, and so I think, I think when you see people becoming more aware, it's good. It's not going to be perfect. But I think it's good that people are becoming more aware.

I think that bitcoin and crypto will rally. You need to be skeptical, though I'm not telling you that this is not I'm not in that space to make anything. And you know, I think that there's there's hope on it. I think there's there's it's a it's a good space to be in. It's exciting, but be very careful because there's going to be a lot of things and I think they're counting on that too, by the way.

I think they're counting on, you know, something like an FTX moment where they say, well, well we like the digital stuff, but what we really need is regulation, and the best way to regulate that is through the Central Bank, and here's your CBDs. Yeah, yeah, yeah. It is surprising to see them in a sense, you know, the community in general thought that they're going to approve of the ETF thing. But it is surprising as much as you know, the Democrats have hated, as you point

out, to see that go through. I kind of thought, well, maybe they'll stop it because they've been at war with crypto all this last year. But again, tell us a little bit about what's going on at Wisewolf got Gold, Well, lot's going on. We've been securing product going into this first quarter. It's weird out there. The prices are strange. The premiums dropped a lot on silver, so we're able to offer some lower prices right now on a lot of different items, especially some of our ninety percent

silver and other things that are pre nineteen sixty five US coinage. But we've got a lot of exciting things that the wolf pack is growing, so I'm happy to see that. You know, anytime you join, you can go through David Knight dot Gold and put in promo code seventeen seventy six gets you some free constitutional silver, which is going to be great in the coming months

and years when you know you've got a silver dime. They made fun of Ron Paul because he said he could get gasoline back down to a dime mcgallon and he said, actually, silver dime's worth three dollars. So it's something like that I think you're going to see in our new economy that's emerging after what the damage has been done to the dollar. So we've got the two locations Branson, Missouri and Dennison, Texas. Both of them there just bricks

and mortar to serve the general public. If you're in those areas, we can take care of you there. Well, you can go to David Night dot Gold. We serve nationwide. A lot of people right now, David are rolling over their four one ks and iras getting into physical precious metals. That's something we can do. It's pretty seamless. We've done a lot of them now. We made it a really quick process. We've got a great partner that does all the legal called New Direction Trust. They made stuff really

easy. We can get in there and roll over your paper. You got to be careful all this, even your bitcoin. You go on the ETFs and you buy ETFs, it's paper. You don't want that. It's derivative. Yeah, it's derivative. And so a lot of good things are going on. I've opened up a lot of supply chains and we'll just see what happens again. This is it's a privilege to be able to be here at this point in history, to sponsor your show, to do what I do.

We've got great things going on. Also, you know the Freeworld dot FM, our new online station, is doing well. We look forward. Soon you'll be over there. We'll have you broadcasting on Free World. It's just another we built a lifeboat for free speech. That's something we've done with some of the money that we've made off of Wise Wolf and wolf Pack. I'm just reinvesting into free speech and liberty. And that's key because I think that's another part of it too. You know, we look at the CBDCs

and we look at the nacs and stuff. Of course they're going to be weaponizing their censorship and AI is going to give them all kinds of power that they haven't had before. So these other outlets are going to really be key. So I really do appreciate you doing that. And Tony, and thank you so much for your support of the program. It's always great to have you on and get your insights. Thank you so much. Thanks. The

David Night Show is a critical thinking super spreader. If you've been exposed to logic by listening to The David Night Show, please do your part and try not to spread it. Financial support or simply telling 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 Night Show.

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