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Jan. 23, 2025 - The David Knight Show
35:21
INTERVIEW Navigating the Financial Landscape: Bitcoin, Meme Coins, and Gold in 2025
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All right, and joining us now is Tony Arterman of Wise Wolf Gold, and he has kindly put up a website, davidknight.gold, that will take you to him.
Let him know that you came through us.
And there's been so much that's been happening.
Where do we start, Tony?
Good to have you on.
It's great to see you, Dave.
It's good to be back.
Where do we start?
Well, I was watching the live price ticker on the new Trump meme coin.
I think it's a harbinger of things to come.
I'm not touching it.
I saw that launch.
I said, oh, this is...
Kind of what I feared is that the entire second Trump presidency, I saw him in Nashville talking about the strategic Bitcoin reserve, which I thought was a good idea based off the fact that our dollar's fake, so anything that's finite and could be measured against that is probably a good idea.
But I'm worried about the crypto space.
I'm in it, and I've been in crypto and Bitcoin since 2016. But I'm really cautious.
I'm not optimistic that the amount of danger in things like these meme coins, and there's a term for it I won't say on air, that it's not Bitcoin, it's the other thing, right?
It's what comes out the other end of the cow.
Yes, it's bad.
I'm not getting into these meme coins.
I would never advocate anything like this.
What purpose does it serve?
You know, it's 15-minute fame folks that get into a coin and it's a pump and dump and then the reputation's ruined.
I think there's so much danger in it.
It has to have functionality.
And I don't see the functionality in these meme coins.
And it could bring a collapse of the crypto space itself, like the dot-com bust back in the early 2000s that we saw.
You know, and again, it wasn't that the internet wasn't great technology or wasn't the future.
It's just overbuilt.
And you get people that, you know, FOMO, fear of missing out, they get into something.
They want to see number go up.
But it has, again, has to have functionality.
That's why I'm in the crypto space with Wise Wolf Bitcoin.
But we're a Bitcoin-only company.
I do own a few other things like XRP and stuff.
I have a little bit of that.
But I'm not advocating, nor do I sell it.
So, I'm really trying to stick with the fundamentals here, and I see this as a really bad idea as a start to the Trump second term.
Well, but again, you know, that's what Howard Lucky Lutnik is famous for, besides missing 9-11.
He's famous for...
For stablecoins and for memecoins and for running these kind of scams.
And when he saw this thing, as many people point out, this was something that was totally worthless.
Somebody just put a name on it, and then everybody jumps into it, and it goes up to $72 billion in 48 hours.
And his cut on that is $58 billion.
Now, after a couple of days, it's dropped in half.
And that's what everybody knows about these meme coins is that they're a pump and dump in a big way.
And a lot of people are concerned that that's what all of crypto is.
And as you point out, it's giving crypto a bad name with all that.
And then he also did it even with Melania.
They had a Melania coin.
And it went up to $5 billion.
And it's given most of that back now.
But, you know, it's just this hype.
I look at it and it's like, I wonder, when I said it, when it went up that big, I said, do you really think that there's that many MAGA supporters out there that are supporting it?
Or is this maybe just how they're paying him off?
I don't know.
But, yeah.
What I thought was funny was there were articles about people selling for millions of dollars.
They created counterfeit Trump and Melania meme coins.
I thought, what's the difference between a genuine meme coin and a counterfeit meme coin?
I need to determine that it's real or not real, right?
Years ago, there was a guy that was selling Chuck E. Cheese tokens and selling them Bitcoin.
I think he'd just re-stamped them or something.
I think that was the 2017 when Bitcoin went up to the end before it crashed.
It was like $25,000.
I think this is going to be exposed sooner or later, David.
There's cracks in the system.
It's not a real economy.
I mean, the rest of the world, you see, they're into commodities.
They're building infrastructure.
Iran and Russia just signed a major deal for commodities and cross-border payment systems, the same stuff we've been talking about every time I come on here.
That's what the BRICS nations, this is the adults in the room, they're building networks, and it's based off commodities in a fiat world.
And we're over here with, you know, not to mention the Wall Street criminals with the FANG stocks and stuff, but these meme coins.
And I really think there's a danger in that.
Because what happens in the aftermath of a collapse of a market, if there's a run on banks, as you've seen with Silicon Valley Bank, what happened after FTX and, of course, Silvergate Bank, there was nothing wrong with it, but it was in the periphery of that.
And there was a regional banking, there was stress on the regional banking system at the time.
If anything major happened like that, I think you would see a banking system collapse.
And then that would bring in regulation.
So it could be that they're setting the charges for a controlled demolition of the economy and crypto is simply the charge.
And that's sad because I, on the other hand of this, I'm a crypto advocate.
I think that decentralized token technology is great, except if you have to look at the fundamentals of why Bitcoin makes sense and why a lot of other coins, most of them don't.
They don't serve a function, especially the meme coins.
And yeah, there's a temptation.
If you had information that a coin's about to launch and you know it's going to go from $1 to $30, I mean, my hat's off to you if you play that market.
But don't get in at $30 and expect it's going to go to $90.
I mean, it's not how that works.
Usually there's a short period of time.
I've seen this over and over again since 2016, and I've not gotten into one single one of those coins.
Well, it's because people like Lutnik, they get in early, and they make sure they make their money, and then it's the bigger sucker that is their exit strategy.
It's a pump-and-dump thing.
Whistler says Trump's meme coin will go to the moon like a multi-stage rocket, maybe blow up on the way like Musk, leaving the vast majority of the people who invest in it crashing down to Earth while only the people at the very top make it.
That's right.
If he does get to the moon.
I don't know about these predictions of these other things, whether they're going to get there or not.
But as people are looking at it, what you were saying is it's going to potentially sour people on crypto stuff because they can see the scam.
And so some of the people are saying, well, it's going to be a real challenge with the Trump family getting into this stuff in a big way.
And they've also said there's been some moves by the Trumps to get into Ethereum.
And I thought, hmm, well, that's interesting because Ethereum was always a thing that they said we can piggyback a CBDC onto.
But even more so, when you look at the stablecoin stuff, you look at Lucky Lutnik.
I talked about this yesterday.
Some of the people there were saying, well, you know, stablecoin could actually stabilize the dollar.
And so instead of using the dollar to say, well, we've got a stablecoin because we're going to base it on the dollar.
They may actually turn it the other way around.
And I thought, well, is that a way for them to move us away from the dollar?
Jason Barker had a great comment.
He said, if you're going to base a coin on the dollar, it's not going to be stable.
But that was the idea.
But now they're taking that and they're looking, I think, seriously at how they're going to completely...
Redefine the financial system.
That's what Biden was going to do.
But he's going to do it from a command, top-down way.
Whereas Trump will do it through enabling his billionaire cronies.
And they'll do it in kind of a public-private partnership where the people that put this thing together will profit from it in the same way they profit from his meme coins.
That's an interesting concept where...
The dollar follows a stable coin like Tether instead of the Tether following the dollar.
It's like, what was that Kevin Kline movie where Dave, where they have the body double becomes the president?
It's like, actually, this is the dollar.
Don't worry about what's over here.
This is the dollar.
We're managing it much better.
I had a button from that movie when we had the video stores.
It said, vote for Dave.
That's good.
I think that...
You know, crypto and the technology, at least the vision of whoever Satoshi Nakamoto was, is very libertarian, very free market, anti-central bank, anti-authoritarian, anti-war, pro-human.
That's the philosophy you get from Bitcoiners, mostly, and really diving into the philosophy of what money is.
When you attach all of these clown things like the meme coins and stuff that's going to go to zero because it inherently doesn't have any value.
And it's like it's not even a stock because a stock in and of itself would be shares in a company that makes something.
What do these coins do?
And that's where there's a fallacy built into it.
Bitcoin is a decentralized network that no one owns, whereas Ethereum, You can own Ethereum all you want.
I'm not anti-Ethereum.
But it tracks back to a person.
It goes to a committee.
There's investors.
It has oversight.
The only crypto out there that doesn't have that is Bitcoin.
So we're talking about two different things.
And if yes, of course you'd want to build something off the Ethereum network, it can be changed.
Where the Bitcoin network cannot.
So this is a difference in philosophy.
And I think when we're looking at the...
The rise in these meme coins and the prices and the skyrocketing and the pump and dump, it's attached like a cancer to, I think, what was in the inception of Bitcoin was a way around and a refuge from central banking and fiat currency, and it's getting away from principle.
Yeah.
Oh, yeah.
And, you know, we talk about all this tokenization stuff and everything, as many of the people have said in terms of Roger Bear saying the hijacking of Bitcoin, hijacked it from using it as a currency to making it a collectible asset or something like that, right?
And so now that's really the path that the tokenization stuff is going.
And I don't know if you saw this or not, but Larry Fink?
CEO of BlackRock is holding court at Davos, and he's predicting, telling the people at Davos that he thinks Bitcoin could hit 700,000.
I'm looking to see what his time frame is.
I'm assuming that he's saying this year.
I don't see that in this article where he says 700,000 this year.
Maybe it's this year.
Maybe it's this decade.
I saw that.
I think he means like in the next one to two years.
At least that's what I got from some of the excerpts from it.
But they're all waiting to see what Trump does.
Trump promised the Strategic Bitcoin Reserve or something like that, holding onto the assets, not liquidating the stuff that was seized from, you know, civil asset forfeiture or Silk Road.
But the Biden administration started to dump a lot of that as the Trump administration began to get ready to take office.
They did every trick in the book.
First they come out from Silvergate, we're going to shut you down even though you're completely solvent because you're doing Bitcoin, suggesting to people that we're really uncomfortable with this.
Is it illegal?
No, but we're uncomfortable with it, so maybe you ought to make us comfortable with that type of thing.
To all of his threats and regulations, as you're very familiar with as you're working with this stuff, to, as you point out, as he's going out the door, Sure, he gets rid of the Bitcoin they've confiscated.
He's done everything he can to shut that down.
And yet, isn't it interesting that Larry Fink said it doesn't matter to us with what we're doing.
It doesn't matter if it's going to be Biden or Trump.
We're still going to make money off of this.
That's right.
So, I mean, when you look at how polar opposite these guys are, and yet, Larry Fink says we're going to make a fortune either way.
I talked about that in January of 24, so a year ago.
I talked about that on my show, and I said, look, if BlackRock's got these ETFs and Larry Fink is pushing Bitcoin, which he didn't used to.
I mean, they were the mortal enemy of Bitcoin and a lot of these banksters for years and years.
I mean, I was at Jamie Demon called it rat poison or something like that.
I mean, they hated it.
PetRock was another thing.
It doesn't do anything.
I think that was Warren Buffett.
But all of a sudden it's a favorite and they're pushing it.
So then I said, okay, well, I think it was Bitcoin was trading at like $33,000 or something like that.
And I said, okay, well, we're going to see a rise in Bitcoin.
And now if they put their investors in it, you're going to know, you're going to see the signal before something happens to it because they'll dump it.
And so they haven't.
They've been accumulating.
And sometimes there's negative outflows, but most of the times it's positive.
It's the most successful ETF in history.
And it's only been around a little over a year.
So I'm going to continue to see, I think the people like Larry Fink are going to predict higher and higher priced Bitcoin because they're buying it.
And these other funds around the world are buying it and it's just the beginning.
And there's really only about 16 million Bitcoin that are even really available.
And not that many because they're held by whales and other, I mean, even governments hold them.
So I think that's going to continue to see a price increase.
But the problem is, David, is like all the things in the periphery surrounding it and the crypto space in general is, I think, very dangerous at this point, especially with the meme coins.
I'm continuing to point that out.
They're not the same thing, but unfortunately they're tied together symbiotically.
So I'm very...
Very cautious moving in to predict price.
I think Bitcoin's going to continue to do well in the face of, because it's the polar opposite of the fiat currency system.
There's been, there was 60 rate decreases by central banks in the last quarter of 2024. So inflation is the order of the day.
That's how these countries, the central banks, that's how they survive.
That's how they pay bills.
They inflate the money supply.
So in a world of fiat, things like Bitcoin, gold, they make sense because we know how many Bitcoin there are, and gold is a finite resource.
That's why they call it a precious metal.
So these countries looking to make Bitcoin a strategic reserve asset or holding on to it or buying gold, like we've talked about, the central banks buying it, that's what you need to look for because the money supply is only going to increase, the debt's going to increase.
We've discussed this many times, David, but I lose sight of the metrics.
When Trump took office in 2017, the debt of the U.S. was $20 trillion.
I forgot about that.
I forgot how low that was.
It seems quaint now.
Yeah, double it nearly.
Yes, in that short amount of time.
So it really is crazy to think about.
Well, you know, Musk was saying, you know, last time we had a real commission like the one I'm going to do, talking about the Reagan administration, but there's been many of them since then.
But he said at that point in time, the GDP to debt ratio was 38% or something.
Now it's 112%.
And he said in the entire deficit, cumulative debt that they'd run up.
It was $1.5 trillion.
Now we're adding that every 100 days.
So it is rapidly advancing, and that's one of the things that Larry Fink said that was public.
He's saying if you're frightened about the debasement of your currency, if you're frightened about the economic or political stability of your country, you can have something as an internationally-based instrument called Bitcoin that will overcome those local fears.
And he said if there's even small...
Allocations from asset managers of 2 to 5%, it could drive a price increase of taking it up by about a factor of sevenfold, right?
And, of course, he's one of the biggest of the asset managers, you know, three...
Three companies there own pretty much everything.
And so he's kind of tipping his hand there.
If the governments start to collect it, yeah, they could do that as well.
Of course, also, if you're worried about inflation, you're worried about the debasement of your currency, you've also got gold, which is physical and private as well as being a backdrop to all that stuff.
And gold hasn't done poorly at all.
You know, you've got Goldman Sachs saying, we're looking at another year that we think we're going to have like...
20-plus percent appreciation in gold.
That's really pretty astounding when you think about what you get on a savings account in a bank now.
A tiny fraction of 1%.
If you can make 20%, 20% has always been a great return on investment.
But other people now are looking at, well, I want a 700% return on investment.
I just worry about all that.
You know, when you mentioned the fact that these guys totally rejected Bitcoin, and it really was...
Rejected by them until they came in with the ETF. These guys love derivatives, and they can manipulate things easily with derivatives, and that's what concerns me, is the derivative, the tokenization, all of the rest of the stuff, and how easy it is for them to manipulate things.
We've seen it with paper gold and paper silver, where they start manipulating the actual asset with that, and those paper assets are highly manipulated.
Now they're doing the same thing.
thing they're only interested in something if it's a derivative if it's securitized if it's tokenized or something like that because they can manipulate those things so easily yeah so echoes of john carrey what did he say i was uh for it before i was against it we're talking about some vote for some 87 billion dollar bill i voted for it before i was against it yeah it's kind of the opposite here yeah once the etfs
and that's what i saw is once they had the ability the possibility to manipulate to be able to control that market which they can't entirely but the amount of bitcoin they own and the the volume of purchases that that have followed since they got into that space um i think that does allow them temporarily to control price and swing that And there really isn't an asset like Bitcoin that doesn't exist.
It hasn't existed.
There's no real competition to it.
So I think that's the interesting part about where we are right now.
And, you know, gold just reached in the last quarter of 2024, adjusted for inflation.
If you go back to 1980, David, it was over $800 an ounce for gold.
So if adjusted for inflation, this last quarter of 2024 actually was the all-time high.
For gold against the dollar.
And I think that's only going to continue.
It took it a while, but you lived through the 80s and 90s.
It was a relative calm.
There was a lot of currency creation.
There was a lot of borrowing.
But it was kept under control with the markets in the U.S. And there was a windfall after the...
Follow the Soviet Union, the collapse of, well, the perceived collapse of communism worldwide.
PR about it.
Right.
So there was that relative, gold and silver stayed calm.
And then when you hit the 2000s, 2001, and then you start to see, you know, the massive increase in debt, the global war on terror, and then...
There was the accelerated pace of giving away our manufacturing with China being in the WTO and the factories closing down.
That was really the endgame for globalization as they basically pawned America's soul.
And so we started borrowing, borrowing heavily.
There was no constraints on the fiscal reality anymore.
So that's why gold started to go.
And re-incorrect, and I think that's, and find its true price, and that's where we are right now.
And then gold's finally, from 2011 to 2020, there was no all-time high on gold.
And then we did that, I think, 30-some-odd times last year, 2024. It was always finding a new, I mean, every week I'd come on and talk to you, there'd be a new all-time high.
Oh, and it's also, in just the last two and a half months, it's closed in on a record.
So, you know, I mean, it's been an amazing year for gold, and a lot of people are looking at it as something that is certainly going to continue because, as we say, fundamentals haven't really changed.
People are looking at, well, you know, now Trump is fully on board with...
Crypto and all the people that he's appointed are fully on board with crypto, so there's been a lot of mania about that.
It's really roiled those markets, but it's been a real rollercoaster with that.
But you're setting up something, and you were telling me that you've got it set up, but I think the website is not set up yet at Wise Wolf.
Tell us what you're doing with gold and Bitcoin.
We're doing something really different, and it's taken me a little bit longer.
I brought my brother in to help.
He and I started a Bitcoin ATM business in 2016. Did not know what we were doing.
It just looked like it was something I think was going to grow.
So we got into our first machines, learned a lot.
He took it from there.
I went off and started Wise Wolf.
Grew his ATM business fairly large and sold it recently.
So he actually has come back and he's going to help me and we're going to put some new machines out.
He convinced me.
He said, actually, we can do this.
Because I didn't want the regulation.
I've really grown tired of all the hoops to jump through.
He made it easy.
So come back and we'll get these machines up.
But I told him what my vision was.
I wanted to be a white glove service for Bitcoin.
You know, a lot of people, if they're a little bit older, they haven't been in the space, or maybe they don't have to be older, but they just never touched it.
I hear people, you know, a lot younger than me that don't even know, don't have a digital wallet.
You know, there's nothing in their life that ever required it, so they don't see any need for it, but they'd like to get into it.
What we did is we took a new company and started fresh and said we're going to be Wise Wolf Digital Strategies.
So if you want to buy and sell Bitcoin, you can go through us and you can do it with a person.
Like, we'll white glove service all of it.
And we've got physical locations.
You can, you know, deposit cash between Branson or Denison in Texas here.
We're going to have some kiosk locations.
But more importantly, you'll be able to get in and out of precious metals, too.
So that's the thing is there isn't a company.
And it's the precious metals company in the United States that I'm aware of.
So I'm claiming first here that if you want to use Bitcoin to buy precious metals, we don't charge you a fee.
You can do that with the big companies.
They just charge you a fee to use crypto, just like they charge you a fee to use your credit card.
What I'm telling you is, if you want to use Bitcoin, then I'm going to treat that as cash.
I'm going to treat it as straight up cash and it will strike the price.
And so that's going to be something that we're doing a lot differently.
And we'll be able to do the same like the opposite.
Like if you want to turn your gold or your silver into Bitcoin, that's where you want to go.
Maybe you're traveling.
Maybe you want to just put it into a digitized form.
We can do that as well.
So it's in and out of precious metals.
And of course, we make it really easy to get into precious metals with your Bitcoin at no fee.
But it's something that we are able to help you.
Like if you want to buy Bitcoin and store Bitcoin or whatever.
Wise Wolf Bitcoin is going to be that service.
And you've got myself and I've got two other people, including my brother, who's been in the space for a long time.
And, you know, like he did, you know, it's a multi-million dollar operation with his Bitcoin ATMs.
And, you know, it's a lot of transactions.
So he knows what he's doing.
So we've got some qualified people to help with crypto.
But we're not doing them.
I'm not doing meme coins.
I'm not doing any of that stuff.
I can't get Dollar Trump?
No.
Sorry.
No, we're not doing any of that.
We're a Bitcoin company.
And of course, WiseWellBitcoin.com is about to launch.
We just had...
Some infrastructure stuff I wanted to do before I put it live.
But you'll be able to go on there and just send us a message.
You can select a meeting, whatever you like.
We can give you a call, and we'll do everything over the phone, make sure everything's above board, and give you several options for Bitcoin.
That's great.
When I was talking to Aaron Day, he was saying, the problem is, when he talks to people, he said, Young people might understand Bitcoin, but they don't value privacy or whatever, you know, some of the privacy coins or gold, because he talks about Bitcoin, gold, and silver.
So he said the younger generation might understand some of this digital stuff, but they don't really value privacy.
The older people who value privacy don't know how to operate with these things.
So it's interesting.
It's going to be a very, as I said, interesting times that we live in, dangerous times.
Yes.
In every regard, whether you're talking about financial stuff or whether you're talking about war and peace, which I'm going to be talking about coming up.
Well, what else is happening at Wise Wolf?
And I love the fact that you do that, because you set up the...
The Wolfpack, where people can gradually accumulate gold and silver.
And that is something that nobody else does that I'm aware of.
And that's a great service that you offer.
So I think this is going to be something a lot of people will be interested in.
But it's the kind of innovation that you do there and the kind of customer service that you do that really sets your business apart from everybody else, I think.
Well, I love what I do.
It's a privilege.
See on the horizon, we talk about this every week, but there's unsustainable things, whether it's debt or it's currency creation or it's corruption.
These are at all-time highs.
Talk about all-time highs.
We've got some real problems in that realm.
So I believe what I do can help people.
It's a privilege.
I travel back and forth between here and Missouri.
I've got a great team.
The Wolfpack is fun.
We've got a lot of great deals right now on silver.
I've got some interesting products in the gold realm.
I'm getting some new Florida goldbacks are coming in.
They're like the half notes.
So the Florida just made their first ones and we're getting those in.
I've got to pay that invoice today.
The Wolfpack will be getting some Florida notes.
And I like that.
That's interesting, you know, to see, like, the chiclet things that you break off or whatever for gold or silver, you know, and the goldbacks and things like that.
That's an interesting part of the Wolfpack is to see the different forms that you can get the gold and silver in.
And we try to keep that variety going.
You know, I think this last week on the lone wolf level, which is $50, I bought a brand new monster box of Krugerrands, of silver Krugerrands.
And so they still had the seal.
And so I cut the seal.
So every coin, that's right out of the box, popping the seal.
So every lone wolf member, the first 500, get a Krugerrand.
And I was able to put a Krugerrand, I think a goldback and a dime in there for 50 bucks.
And that includes your shipping and everything else.
Because we were able to buy it at a lower price than...
Even wholesale.
So that's the kind of stuff that I like to do and just keep it interesting.
But we go week to week, David.
I don't know.
It's a weird market out there.
So I'm glad I'm in this space and doing what I do and just trying to be innovative because that's the...
Yeah, and that's the thing.
Gold has been going up and changing prices so rapidly and not as volatile by any means as Bitcoin.
But still, I don't know how you do that, how you put all that stuff together when the prices are jumping around like that.
It's insane.
I think my gray hair speaks to that.
I don't think it's funny.
I figure out a lot of times I go, I guess that bothered me.
I don't even know that it really did, but I'm like, I think I was stressed out for a week or two there.
I kind of don't notice it anymore, but I like what I do.
That's what we're built for challenges.
And so I look at 2025 and I see there's danger and opportunity.
It's going to be okay.
We'll just try to be innovative and don't get stagnant.
Yeah.
Well, we'll be looking for the new website when it comes online.
A very interesting idea that you've got.
Anything else that you want to tell people about that's new?
We talked about Wolf County.
I was going to comment earlier.
I saw an article up on Zero Hedge I wanted to mention to you.
If you ever wondered how strange this timeline is, if you just didn't think it was strange, Jamie Demon commented, and he agrees with the tariffs, that that is good for national security.
Can you believe that?
I've been studying economic nationalism for many years.
I never thought I'd live to see this.
Because this is something that is academically opposed across the board.
Free trade was always a given.
It was a god of the global economy.
And now they're abandoning it, David?
I don't know what's happening.
They just want to change everything.
I think they want chaos and they just want to turn the...
Turn the box upside down and see what happens.
But, you know, you and I have talked about this, and I absolutely prefer, well, I can think of any number of ways if they wanted to tax us, but why do they want to tax us?
Because they don't care what the deficit is, right?
But if they wanted to tax us, I can think of any number of ways to be better than the income tax.
The problem is he's going to keep the income tax.
And I tell you, nobody believes that when you say that on social media.
The MAGA people come out and attack you.
No, he's getting rid of the income.
There's no way he's getting rid of the income tax.
Look at all the stuff he's talking about, how he's going to bring back the tax cuts of 2007, make them permanent, he said.
Well, if he's going to make the tax cuts permanent, that means he's going to make the income tax permanent.
There's no way he's getting rid of this stuff.
You have to follow the bouncing ball.
I know.
It's like, therefore, she's made of wood, right?
It's like trying to reason with the people out of Monty Python, you know?
It's like, if he's going to make the tax cuts permanent, he's going to make the income tax permanent.
But yeah, that's the problem.
And that's always been the problem.
We talk about changing the tax structure.
You're going to wind up keeping the one that we've got and adding to it.
And that's what it's going to be.
So yeah, I agree.
You and I agree that tariffs would be a better thing than an income tax.
But we're going to get both.
But that's not how they're using it, either.
This isn't about revenue, necessarily.
And it's not even strategic for jobs.
This is national security, or whatever they want to call it.
You talked earlier about the COG, the continuity of government.
This is something about U.S. strategy and hegemony.
It has nothing to do...
The economics.
And unfortunately, I think a lot of it's going to have blowback.
And I've been supporting tariffs since I've been in public life.
And I feel weird now because so is Jamie Dimon.
And that doesn't make any sense to me.
Go away!
I'm just really skeptical of any of this stuff.
I don't even know what's happening.
So if you wanted a sign that something's not right and maybe the old paradigm is not going to work anymore, Jamie Dimon just advocated tariffs.
That's all I needed.
We're in the twilight zone here.
Well, you're absolutely right.
It's about geopolitics.
It's not about money.
They don't care about the deficit.
They don't care about their tax revenue.
Everything that they do is about trying to have a global hegemony, and that's what this is really about.
It's about strong-arming other countries and getting them under control.
And he's weaponizing it in a different way, but he's still weaponizing our financial system, just like Biden did, and he's going to wind up destroying it.
It's just coming from a different angle, doing it in a different way.
I guess from that standpoint, Larry Fink was saying, it doesn't matter which one, it's still going to happen this other way.
So in a sense, they're both going to destroy the financial system and restructure it.
He's just chomping at the bit, thinking about how he's going to pick up the pieces after the catastrophe, and that's what's going to happen.
You know what that number, too, when he's talking about $700,000 Bitcoin, That means its market cap is on parity with gold.
And Larry Fink does not like gold.
He does not like gold.
He has chastised a lot of the developing countries for their rush to get into gold and stay outside of the international banking system.
Well, that's another thing on the side of gold.
If he's afraid of it because the guy is a grifter, you know, he's always wanting to get into ETFs and derivatives and all this.
No wonder he would hate gold.
Yeah, that's interesting.
Well, it's always great talking to you, Tony.
And you've got a program that's going to be following this one today.
Is that correct?
Yes, sir.
Arterburn Radio Transmission.
Once a week, right after I talk to you on Rockfin on the America Unplugged channel, I'm my ex at Tony Arterburn.
I'll be on Facebook.
And Rumble, America Unplugged.
Go follow us there.
Great, great.
Thank you so much, and thank you for all that you do.
And it's going to be yet another interesting service that Tony's going to be offering there at Wise Wolf.
And you can find out about that.
DavidKnight.gold will take you there.
And I'm sure you're going to have something there at Wise Wolf about what's going on with the Bitcoin gold exchange going back and forth without fees.
We will put a tab up on DavidKnight.gold where you can buy Bitcoin.
Put a tab up soon.
Great, great.
All right.
Well, thank you very much.
And everybody, don't forget to tune in to Tony right after this show.
And you can get more of his insights as to what's going to be happening in the financial system.
Things are changing really, really fast.
We're going to take a quick break, and we'll be right back.
That's right, boys and girls.
There's a post-election sale on silver and gold.
Trump euphoria has caused a dip in silver and gold.
It's time to buy some medals with fiat dollars before they come to their sense is go to davidknight.gold to get in touch with the wise wolf himself, Tony Arterburn.
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