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March 27, 2025 - The David Knight Show
44:06
Gold’s Meteoric Rise, the Dollar’s Demise, and Trump’s Tariff Chaos Spark a Global Financial Reset
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Tony Arterbin of Wise Wolf Gold, and he's kindly set up DavidKnight.Gold to take you there as well and let him know that you're coming through us.
Always good to have Tony on.
Always good to talk about the gold standard.
Gold is such a fundamental part of our civilization, always has been, and gold is really the gold standard.
And so I was talking earlier today, Tony, about the chaos, and you told me as we were off air, that was one thing that was astounding to you as well.
I'm seeing stories about what happened to Bitcoin, first the excitement about Trump and his Bitcoin reserve, and then the reality.
As they always say, you buy on rumor and you sell on news.
So when the real thing happens, you better get out of there because it's the rumor that they're going to hype up.
And so that's kind of what's been happening.
But it's also been roiled by the tariffs and their chaotic nature as well.
But gold has done well in that kind of environment, hasn't it?
Well, it absolutely has.
I was looking at the charts of net inflows to both ETFs, looking at the Bitcoin ETF versus the gold ETF.
And for the last eight weeks, the gold ETFs, the exchange-traded funds, have a record inflow eight weeks in a row.
And Bitcoin has slowed down to a trickle.
There's this polarity, this shift away from where we were.
Three or four months ago, with Bitcoin at its all-time high, we're seeing this supposed crypto revolution, and there was deregulation, and there was at least a psychological shift for the crypto industry.
But then you throw in this black swan event, which is the tariff chaos.
We should do an AI picture of Trump as a black swan, I guess.
He's a black swan.
It's just absolutely insane, David.
That old Paul Harvey, that breakdown, if I was the devil.
And I was thinking, if you wanted to save the dollar, you would do everything the opposite of what's going on.
If you wanted to actually prop up the dollar system, you would do the opposite.
So, what is this?
You look at the rest of the world, and I've been saying this for a long time, the BRICS nations.
They're not trying to create a new currency.
I didn't see any evidence of that the last few years.
Every time there's a summit or a meeting, they're always talking about how do they get away from the SWIFT system and the dollar system so they can have cross-border payments that are universal, the things that hold value.
And that's the same thing that gold does.
So what they're doing in their meeting right now, creating these cross-border payment systems, at least that's what's primarily on the docket.
Supplanting the dollar is the world's reserve currency.
I believe it already has made it there.
The United States, it appears, is already looking to stockpile some gold.
There's reports coming in that the U.S. Treasury is looking to re-audit and do all the things.
We talked about Fort Knox and all the rest.
The United States is scrambling to do that as well.
So what is with this dollar system?
Is this just a...
This is an open question, maybe a thought experiment.
Is this just a way to leverage chaos for the sake of chaos?
To bring in, usher in a completely new financial world order?
I don't see any rhyme or reason with what's going on, David, other than to give leverage to the powerful and to the insiders.
This has nothing to do with bringing jobs back.
Or economic security or prosperity.
Oh, yeah.
No, this is about his billionaire club and, you know, how they can make money.
You know, hey, I'll ease up on some of those tariffs to China if you'll let my friends buy TikTok, that type of thing.
It's not about making America first.
It's about putting he and his buddies first.
But you mentioned central banks and the fact that the U.S. is...
I talked about it yesterday.
The fact that they have not, you know...
For 90 years, they really haven't kept up with the gold stuff.
But we look at other central banks and their holdings in gold.
It's gone up to about 11% gold allocation in their foreign exchange reserves overall on average for the central banks.
In 2000, it was 5.5%.
So it's doubled in the last 25 years.
But what they're saying is that they believe that it's going to triple.
In the next few years, and this is Bank of America talking about, they think that the gold allocation that has gone in the year 2000, it was 5.5%, and now 25 years later, it is 11%.
They think it's headed to 30%.
And so that would be a big reset, I think, in terms of the allocation of gold, and as part of the...
Restructuring of things.
And certainly Trump and his guys want to restructure stuff.
They're pushing this pretty hard.
We're at the end of the fourth turning.
It's a natural time for them to change these institutions.
As you've pointed out many times, Bretton Woods, too, is really, really old, long in the tooth.
And so if they come up with a new financial system, but it's very concerning to see what Trump and his people are looking at.
They're not necessarily looking to tie this to anything real.
Using it to stablecoins that are going to be tied to the dollar so they can have somewhere to sell their treasury bills that other countries don't want to buy.
Well, even the Bitcoin maximalist Max Keiser put out an article a couple of days ago about how if the U.S. transitions to some sort of stablecoin use, the world's going to reject that as well.
Because it's ultimately tied to the dollar.
Even though the dollar is relatively stable, it loses purchasing power.
Gold-backed stablecoins would be the way.
Even Max Keiser, who was a Bitcoin maximalist, is saying that.
The rest of the world wants to get away from the dollar system.
You mentioned the metrics on dollar usage.
In 2001, it was like 75% of all global transactions financially went on in dollars.
It's in the low 40s right now and declining rapidly.
If you look at the...
The stats on central bank gold buying, David, if you go back to 2009, it wasn't at zero, but it was real close to net zero of central banks buying gold.
Now it's off the charts.
I mean, every year it breaks another record for central bank gold buying.
You're absolutely right.
And what that has to do with is 2021, the Bank of International Settlements making Gold, taking it from a Tier 3 asset to a Tier 1 asset, which is akin to currency, and that gold recently passed the euro as second in the held assets of central banks.
It used to be the euro, now it's gold, and of course the dollar is number one.
But as we sit and look at the current administration, it's hard to figure...
You know, if you wanted to create trust, which is what the financial system is based off of, it's trust and stability.
Markets hate uncertainty.
The prices of things bleeding is a reflection of the uncertainty that's in this market.
And I'm in the gold business, but you're looking at $3,000 and 50 ounce gold an ounce.
There's something wrong.
And I mean, again, it's eventually going to go there.
I mean, we're going to see $3,000 and $5,000 and $10,000 go eventually on a long enough timeline.
But I think the rise in what we cover here every week, if you look at the all-time highs that gold is making against the dollar, there's a crisis going.
We have a currency crisis.
And the rest of the world followed us in 1971.
I think it was the Swiss.
Where the last holdouts in 2002, they still had their, the Swiss franc was backed by silver.
But every currency on earth is a fiat currency now.
There's this massive creation of currency and debt.
Well, they've all run those simulations and they understand that, you know, all the liabilities and everything, the unfunded, all of that stuff and the massive bubble that we're in right now.
That's why central banks are not...
Not only reason but they are buying gold to reset their monetary systems and of course to get away from the dollar itself and to trade amongst themselves away from the dollar and that this is clearly what's happening and in the midst of that we're throwing tariffs everywhere.
Yeah, Bank of America is looking at this, and they've been very, very conservative with their prices.
They have a chart that they put together.
They said if you go back to 2024, gold was $2,750, average through the year.
They said 2025, they think it's going to be $3,063.
I think that's conservative.
But they look at 2026, they say $3,350.
They think within two years it's going to be up to $3,500.
That's a very, very conservative one, and they base it.
On the accumulation and the increase of the central banks, how they've gone up significantly, they're the ones who came up with a 30% figure.
They said it would be more efficient for the central banks to hold, instead of about 11%, to hold 30%.
But they also talk about what we've talked about in the past, the fact that China has told its insurance companies, hey, we would like for you to start accumulating gold.
It was prohibited.
Now that it's encouraged and pushed, they said that could be equivalent to 6% of the annual gold market if they only add 1% of their assets in gold, change 1% of their assets to gold.
This is what they're looking at.
And when you talked about Matt Kaiser, I mentioned that as well the other day, saying, well, I think we go to a digital currency that is backed by gold.
That's, again, like an ETF.
You mentioned that the ETFs were soaring and a lot of money was pumping into that.
I look at these ETFs, and I know you do as well.
As similar to the mortgage instruments that were created, these derivatives and so forth, because that's really what they are.
You know, it's a novel approach.
It's a con job, I think, because you're not really holding anything real.
If you get into these ETFs, what you're holding is a share of a fund, and you don't know if that fund is buying the gold or not.
And you can't redeem it in gold.
And so when you look at digital gold and things like that, I think maybe that might be a negative on the price of gold because they can manipulate it just as these ETFs have manipulated the price of gold and been used that way.
What do you think?
No, I think you're right.
I mean, the ETFs have shown, and I mean, if you're in the gold and silver business like myself and you're paying attention to pricing and then you're looking at supply, it doesn't make any sense.
I mean, the price of silver...
Is ridiculous.
And I know this because, you know, you look at the 1980 all-time high of silver at $52.50 an ounce.
Well, that's like $300 worth of purchasing power today if you go, you know, dollar for dollar and how much you could get in 1980 for $52.50.
That's because of the massive manipulation that's going on between the paper and the physical market.
And you start getting into the electronics and blockchain of that.
It's another opportunity to dilute.
I think what's happening also, the reason that the price is going crazy, is because a lot of these contracts are being called and gold is being moved and reallocated, and some of those contracts can't be filled.
Maybe it's not happening on a massive scale yet, but I think if you're looking at what's happening, the price of gold is reflected in the...
The supply is not being there.
And the same thing with silver.
I think we're really on the cusp of a massive breakout of the silver price.
And again, this isn't investment advice.
This is just clearly, I just think, mathematics.
I mean, the supply, there's a 200 million ounce deficit every year or something like that, and it's growing.
And that's what they take from the above ground supply.
In these paper markets, whether it's SLV or GLD or whatever, these ETFs, I just don't think it's real, David.
I think that at the end of the day, if you were to ask for physical delivery across the board, those contracts couldn't be fulfilled.
And so, again, you have a reallocation of price, I think, that's on the horizon.
So a lot of those, if it's a proposed, digitized anything, or backed, whether it's a silver-backed or a gold-backed...
Digitized currency, you know, take that with a grain of salt.
I mean, it's better than a stable coin, in my opinion, if you can get it.
If you're going to be paid in gold.
But if you cash out your ETF, they give you fiat currency.
That's right.
And there's no claim on it, and it's not connected to it either.
This is timely.
Rockfin Eli says, so what are good avenues for most of us who cannot afford gold?
Silver, as you're pointing out?
What? And I think that's the way a lot of people get into the ETFs.
That's the way I got into it.
I looked at it.
It's like, okay, well, I can buy one-tenth of an ounce of gold or one-tenth of an ounce of silver.
That's easy.
And, you know, I go through the brokerage firm and it's quick and it's easy and I can get a tenth of an ounce of it.
I think that ropes people in.
And I started doing that and then I realized when gold started moving, I saw, oh, wait a minute, this ETF is not moving.
Why is that?
You know, why isn't it tracking that?
And then when I looked at it and I found out that it wasn't really attached to physical gold at all.
That's when I started getting out of it.
And so I think that's why you see a lot of people jumping into it.
They say, oh, yeah, we should get into gold.
So let's buy gold through ETA.
Well, you're not buying gold.
You're buying paper from a company that's there.
But as you're pointing out, silver is there, and it's a smaller amount.
And, of course, at Wolfpack, people can buy small amounts.
If you're concerned about getting small amounts of stuff, people can get in with $50 a month and on up.
Yeah, we made it really easy.
I mean, even to buy a gram bar of gold, because I buy them in sheets of 100, and I have my crew, we break them off of those pieces and put them in individual coin sleeves.
So you can get that through.
You go to davidknight.gold.
Yeah, we can put you in a...
A grand bar of gold, about $130 or so, and I think we've got free shipping on all that stuff.
Yeah, you don't have to get an ETF in order to get a fraction of an ounce.
You can get physical gold in fractions of an ounce there at Wolfpack.
Yeah, and that's going to give you no counterparty risk.
I mean, I don't hold anybody's product.
If you buy from me, I want it out of the shop.
I want it in your hands, and that's your product.
When you have something like silver that is priced the way it is right now, and I don't know how much longer it's going to continue to do this, where it's under $40 an hour, folks.
That's crazy.
Gold hit its all-time high 30-some-odd times in the last year, in the last 12 months.
Silver hasn't hit its all-time high since 1980.
Think about that.
It makes no sense whatsoever unless you're talking about massive accumulation.
The largest physical holder of silver in the world privately is J.P. Morgan.
And you look at other governments.
China just put as a strategic reserve like nickel and lithium and other things, they're adding silver.
The Russians added silver as a strategic reserve.
I mean, their world is moving back into assets rapidly.
It's going to show up and reflect in the prices of these commodities.
We're just not there exactly yet.
I mean, gold, because it's a monetary asset and because of, I think, Basel III with the Bank of International Settlements and the de-dollarization that's happening, I think that's reflecting the price.
But a lot of this stuff, silver is about to follow, I think, and that's just pure mathematics.
I agree.
Yeah. You know, again, when you look at the ETF stuff, The fact that it doesn't track.
But I think the other thing about it is when BlackRock decided that they wanted to get into Bitcoin, what did they do?
They got in with an ETF.
It's like, okay, now how does that make any sense?
You know, if you've got something that's physical and you want to subdivide it, like you've got to, you know.
Can't afford to get a bar of gold.
It's like a million dollars or whatever.
So let me get an ETF and let them hold the bar of gold and they can sell fractional shares of it or something like that.
As I pointed out, you can still get small amounts of physical gold.
You have a lot of different ways that that can be set up there.
But when you look at Bitcoin...
There's no need to fractionalize Bitcoin.
Bitcoin is infinitely fractionalized.
So, you know, when you look at the ETF, you say, wait a minute, there's something else going on here.
When I looked at the ETF gold and silver, wait a minute, there's something else going on here.
And that's something else we saw happen to the real estate market.
Real estate is real!
But the derivatives and all of these securitized mortgages were not real.
And you were holding garbage.
And so that's the real key.
And that's what I would really warn people about are these ETFs.
It really is a scam.
Got a question here, Tony, from Chevkin on Rumble.
Says, whatever happened to platinum?
Maybe they're going to have an excess of platinum as they get rid of internal combustion engines and the catalytic converter.
When I get rid of my catalytic converter on my car, I was able to sell it because it had platinum in it.
So maybe there'll be a glut on the market as they kill the internal combustion engines.
I don't know.
What's going on with platinum?
It's just been trading sideways for the longest time, and I sell some platinum.
It's not heavily requested.
But it moves basically sideways.
I'd have to check the spot price.
I have it in a month or two, but it's generally under $1,000 or $1,100 an ounce, and it'll go back and forth.
I think that's just a reflection.
It's not been used as a monetary metal like silver and gold has.
It's rare.
You mentioned catalytic converters and electronics, and platinum is used.
On a long enough timeline, It will break out, too.
I mean, there's a lot of things about any of these commodities, I think, are way underpriced based off of the debasement of the U.S. dollar.
I mean, you mentioned earlier about if we return to a gold standard, what would be the actual price of gold per ounce?
Some estimate is between $10,000 and $50,000 an ounce or some crazy number based off the debt and based off the money supply.
So I agree with that.
Platinum is just one of those things.
I think it's just waiting in the wings for something to happen.
Probably is being accumulated.
I mean, I haven't paid a great deal of attention to it because it's not my primary wheelhouse, but something will happen with platinum.
Same thing like palladium.
Palladium is another one of those metals where you go, what's the price per ounce?
It'll bounce around.
Rhodium does that.
It's another rare earth that you can find.
Precious metals dealers will deal with these, you know, platinum and rhodium and palladium as well.
But it just hasn't been on my radar.
But gold and silver are kind of all-consuming for me as far as price movement and what I watch.
That's right.
And, you know, when you're talking about the re-evaluation...
Which is a real possibility.
We've seen this happen in the past, in the 30s and also in the 70s.
One guy was saying that $50,000 figure came up and he said, well, you go back and look at how FDR re-evaluated gold and everything in the 1940s.
And that was at a point in time when the U.S.'s gold holdings were about 40% of what the debt was.
And then in the 1970s, a similar thing.
And at that point in time, gold was about 17% of the debt that the U.S. had.
And so what he's saying is that today, when you look at the gold holdings, the monetary number that's represented by about the 8,000 tons that they have, that is only about 2%.
Of the $37 trillion of debt.
So what he's saying is that if we went back to the 17% figure, that'd be $25,000 goal.
If we went to the 40% figure, that'd be $50,000.
We don't know.
We don't know if that's going to be reevaluated.
But people are talking about that.
There's another article that I saw yesterday.
John Rubino.
He said essentially the same thing.
He said, how do you make a case that gold is not worth at least $10,000?
He said, because what they're doing is they're manipulating the value of the dollar and with the debt that is there.
And of course, he's telling people to get into real stuff.
He says, get farmland, get gold, get silver, get a good vehicle, get some emergency food, learn how to grow in a garden, and things like that.
That's really what we're looking at, what is coming along the line.
I think maybe some of that has to do with the disenchantment of some of the crypto stuff, as well as...
Trump really put it out there with his meme coins.
I think he really put it in the headlines about how there's a lot of grifting going on in the crypto markets as well, isn't there?
Yeah, it's built on that, unfortunately.
And, you know, I've been in the crypto space.
I mean, well, Bitcoin and crypto are...
Two different things, really.
They've really separated.
They look at the meme coin industry and that entire ecosystem that's built on grift.
Like I said, I will never, ever push any kind of meme coin.
You'll never hear me push an altcoin.
Ever. I think it's all speculative.
What purpose do they serve?
Bitcoin, to me, and of course we have Wise Wolf Bitcoin, it fulfills a need electronically.
Something that gold can't do.
And it's a decentralized network.
You can't recreate that.
But I'm not one of these people also that tells you the price is going to be some insane number because I don't think that the markets are supporting that right now.
I mean, look at when we hit 100,000, I thought, that seems about right somewhere in there for demand.
But then, you know, we reached Inauguration Day and that went to 108,000.
And then it's been...
Flat and trading sideways down right now, and it's trading sideways for the past couple of months.
And I think we're probably going to continue to see that sort of trend because the markets are scared.
The markets are fearful.
There's uncertainty.
It makes no sense.
What is the United States economic policy right now, David?
I mean, that's another question.
And there was a long article on Cointelegraph about that, and they actually looked at a timeline of Trump.
You know, he's, well, we've got a tariff.
No, I'm going to take the tariff off.
Now we're going to do this other two.
No, I'm going to take that one off.
You know, back and forth, back and forth.
And that is spooking the markets, and it is spooking Bitcoin.
And so it's that uncertainty that is spooking them.
But I think it's interesting that in that uncertainty, it's driving people to gold.
That's where people are going to go, to something that is physical, that is tangible, that is outside of their system when they start worrying about how this system may collapse.
And so I thought that was a very telling aspect.
When you look at it, the uncertainty and the chaos is coming from Trump and his tariff dictates, but people are running to gold and all of that rather than to Bitcoin, which I think is kind of interesting.
I mean, it's just the history shows that's what happens.
I was on a podcast a week or so ago, and I talked about Gresham's Law.
You know, Gresham's Law states that when bad money enters the system, then good money goes into hiding.
And I put a question mark over that, and I said, until when?
You know, until the bad money dies, and then good money reenters the system.
So it's an open question as to what happens next.
I mean, I think we've already seen, like, the dollar system itself was already in massive trouble.
You add on this tariff uncertainty, economic warfare, currency wars, trade wars, you add all that in, and on top of that, plus sanctions and everything else that had already caused de-dollarization to accelerate.
Well, I think you're looking at replacing the entire system with something else.
That's the only thing I can surmise from all of this.
It makes absolutely no sense whatsoever unless you're trying to have a controlled demolition of the current financial system and using chaos as a smokescreen for the reset of some kind.
That's the only thing I can glean out of all this, and it's absolutely reflected in the price of gold right now, breaking $3,000 an ounce.
For whatever reason, and I eat, sleep, and breathe this, I was surprised that we hit that price as soon as we had, David.
Yeah, everybody was predicting that for a while.
You know, there'd be like first quarter of this year.
There'd be around $3,000.
And then they had a different opinion because everybody got excited about Trump and the fact that he's going to go full speed ahead on crypto things and so forth and a Bitcoin reserve.
And so then it dipped.
But I always thought that was going to be temporary.
And so did you because, you know, you look at the fundamentals that are there.
Nothing is changing in terms of debt and other stuff like that.
So we knew that was going to be temporary.
By the way, you mentioned on the podcast that was on Freethought Project.
We can still catch that there at thefreethoughtproject.com.
And excellent interview that you had with him there.
Knights of the Storm says, instead of a black swan, we have an orange swan event.
There we go.
I guess if you're going to have AI draw Trump as a swan, it'd have to be orange, I guess.
Now, don't confuse it with a phoenix, okay?
It may look like the phoenix.
It may become the phoenix.
Yeah, instead of burning the Tesla places.
Burn the swan.
Travis says, if Trump ever sells his bathroom fixtures, the gold market may crash.
There you go.
He likes to hold gold in his homes, on the walls and things like that.
Well, you know, I've talked about what might replace it, and I think there's been, and you and I have talked about this, the Republicans are now everywhere saying, no CBDC, no CBDC, but what's going to replace it?
The stablecoin stuff.
And it's got all the functions that we don't like about CBDC already.
All the know your customer stuff as well as being able to block an address.
That's what we've been concerned about CBDC being the platform being taken out of the banking system because they don't like you for some reason or the other.
And of course these companies are going to follow what the government wants to do.
They work at the pleasure of the government, and so they're going to be malleable with all this stuff.
But we talk about price all the time, but when I look at this, my real issue...
Oh, absolutely.
And, you know, it's throwing this argument out there.
It's like, oh, well, do you like, we're not going to do a CBDC, but we'll do the private sector and we'll do these public partnerships and then you'll get, we'll have a stable coin because it's stable.
No, I don't want any of that.
I don't hold any stable coins.
I don't see the need for them.
It's not a coin, and it's not stable.
And if it's done by a private organization, there's no privacy in it.
And even though they say it's crypto, it's not encrypted.
It's a public ledger.
All of these things are lies.
That would be a real red flag to everybody.
It's like the movie Office Space, you know, when he goes, what is it you say you do here?
You know, because that's what I look for.
A lot of the coins, especially Stago, I don't understand.
So if I've got the dollar, why do I need this thing?
I mean, I can send a wire.
I can use a card.
I mean, Bitcoin was supposed to solve that problem with private peer-to-peer electronic transactions.
So I'm not, you know, in that space, I don't understand it.
Maybe I do.
Maybe that's the issue.
I do understand it.
That's why I don't use it.
And you've been right about that.
I mean, it's like we're never going to do a CBDC.
Well, no, you didn't do that.
But you probably just bring in the stablecoins and you use the piggyback off of FedNow and all the structure that you already have.
And you talked about know you're the KYC and know your customer and all the rest.
You're adding that in.
And then you just got to...
Mm-hmm.
money. And that's exactly right, David.
So yeah, this is another challenge, another wrench they're throwing in the whole thing on top of the fact that the dollar's in real trouble.
We're watching a train wreck of epic proportions right now, especially just being accelerated.
And I just want to remind everyone, counterparty risk is what You should be focused on.
And that's whether you talk about assets, things that you can control.
And even if it comes down to where you own some Bitcoin, your keys, your wallet, non-custodial, not somebody else holding your keys, you holding, understanding what that means.
And then it's the same thing with gold and silver.
Physical gold and silver that you hold, or you have a private contract for physical gold and silver that you hold at a trusted vault.
Anything else?
Paper? All of that, it's only worth what the paper's printed on it if there's a crisis and you can't retrieve your asset.
I agree.
And, you know, when you look at what these people are up to, again, going back to what we saw in 2007-2008, the houses are real, real estate was real, but their derivatives, their securitization on it was not real.
And I see them...
Replaying this whole thing, you know, we talked about history doesn't repeat, it rhymes.
All this stuff seems to rhyme with that.
As they're coming in with Bitcoin ETFs, as you've got the Trump administration out there, all the three guys at the top.
Well, the two guys at the top, Treasury Secretary as well as the Commerce Secretary.
And then they've got the Interior Secretary, Doug Burgum, saying, yeah, we've got so many assets.
You know, we could sell off America.
We could have a giant America-thon.
And it's all of our physical.
Because you're going to always go back to a physical asset.
But it's going to be at bankruptcy prices that they're going to do this kind of stuff.
That's why we need to do what we can to try to get out of this system, and that's what I like about what you have to offer there.
and the fact that as you know one of the listeners was pointing out if you don't have a lot of money you don't have to buy a large quantity at a time you don't have to buy you know an ounce of gold you can get a fraction of it there's a lot of money That's what I like about what you do.
I like the different forms that I've seen it come in, little chiclets that you can break off or the bills that have physical gold interwoven into them.
Those are some really neat things.
I think it's one of the best things about Wolfpack is seeing the different forms that you can get gold in.
We're really proud of that.
I created a model that is the opposite.
I inverted it in what most of the big gold and silver companies do.
It's a lot of moving parts, and we've got a great crew.
We pack hundreds and hundreds and hundreds of packages a month.
It's a lot of fun.
And a lot of them, and the majority of them, David, are the small tiers, the small ones that most of these precious metals companies, they don't care.
They're not seeking that business.
They don't want that business.
To them, it's a hassle.
But I love that we're able to do that, and we give a lot of variety for it.
So, again, that's something that you can do at davidknight.gold.
You can go check out the Wolfpack.
And I wanted to announce today, we put out an email yesterday, but I created a new tier.
So I did this for budgeting reasons, and I wanted to be a lot more competitive.
If you went to the $500 level on Wolfpack, the next tier was $1,000.
I put one in the middle, so it's $500 and then it jumps to $750, and that's called Sigma Wolf.
Now, if you go to that new level, it's free shipping.
That's where free shipping starts.
And then you can choose if you want gold, silver, or a mix.
So you get to choose at that level on forward.
Every tier after that, you can choose if you want only gold, only silver, or if you want us to mix.
It's a little bit more work for us on this end, but I think it makes us a lot more competitive.
I was going to tell folks, too, if they want to upgrade from a Wise Wolf, or maybe they've been looking to upgrade for a while, we're going to put a free silver dollar in there.
Just let us know.
We'll help you.
If you're already a member, if you want to upgrade, we'll help you do that.
We'll have to cancel the old one.
But we'll make sure that we get you a free Morgan or Peace dollar, something in there, free silver dollar.
Oh, that's great.
I just had a comment here.
Nayit Lovin says, hey, David, can you ask Tony about his deal for a first-time buyer?
I think it said you get free silver.
Is that still happening there?
I know you just mentioned if you do the upgrade, you get a free silver coin.
If you do upgrade from any of the tiers into Sigma Wolf, that's a free silver dollar.
And if you just use promo code 1776, like if you're joining your new, we're going to put some free silver in whatever package.
That's great.
Well, I really like what you do.
And of course, that is the key, you know, regularly saving at whatever level that you can afford.
And again, you've got this new one, Sigma Wolf at $750.
Decide if they want to get all gold, all silver, or mix it and that type of thing, and free shipping.
But it goes, you know, that's at $7.50, but you can do it $50 a month if you want to.
And so, you know, people can buy any quantity that they want.
They can set up a regular savings program.
I really do.
What you do there is a big help to a lot of people.
So I really appreciate that.
And it's unique.
I don't see anybody else doing that in the gold or silver stuff.
Knights of the Storm says, Stablecoin is about knowing everything.
Yeah. And it's also about shutting down your access to your own money because they can flip that switch and stop that smart contract and ban your address just like that.
And we've seen enough of that.
De-platforming and de-banking already.
I've experienced it myself, especially with the tech people.
They're the ones, Johnny on the spot, you know, kicking you off of platforms, kicking you off of PayPal and things like that.
So we know, I'm not under any illusions that simply because something is a private app or something like PayPal, that it's going to be reasonable.
Or not controlled by the government.
It absolutely is controlled by the government.
Anything else you want to tell us about?
You've got a show that's coming up right after this show finishes.
Tell us a little bit about where people can find that.
It's been a couple of weeks.
I was sick last week.
I was dealing with whatever gain of function.
Whatever vaccine thing that ran.
I think it's measles.
Oh, right.
It's going to be measles.
Watch that episode of the Brady Bunch so I don't have to be afraid of the...
No, I was dealing...
I hadn't been sick since 2016.
I got a little chest cold or whatever and a little bit, you know, chills, and I was just laid up in my cabin in the Ozarks.
So I had time to think, though.
So it'll be an interesting show.
It's Arterburn Radio Transmission.
We'll be live on Brumble and the America Unplugged channel and Twitter at Tony Arterbrown.
We'll be live there.
Come check us out.
We'll do at least an hour of parapolitics and precious trash.
That's great.
Another question here from Eli.
Eli says, for crypto, what about Monero?
That is one of the private coins where people cannot see your transactions.
You still have the entrance ramps and the exit ramps and things like that, but within that...
Their transactions are private.
Also, there is, I think, another one called Xano, I think, as well as PirateCoin.
But again, when you've got small currencies like that, you may wind up having something that's illiquid.
That's the other side of it, just what we're seeing with Rockfin.
When you get something that has a small side cryptocurrency, sometimes you can't get your money out of it because there's not a buyer on the other side.
Yeah, I used to be on Rockfin.
I remember that channel.
I just woke up and had zero followers one day.
If you know anything about crypto, there's some amazing things that go on in the space.
Monero, Pirate Chain, these privacy coins.
I love the fact that they've put a lot of work into that because I think privacy is key and it's your money.
It's your funds.
We live in this world because of the Because of the crime of the income tax, and I think it's a punishment.
The income tax and the system itself is built by the world's wealthiest people to make sure that they don't have competition.
And they sold it to us by saying it's other people who are going to pay for it.
The rich people are going to pay the taxes, and they deserve to get taxed.
The same thing that we're hearing from Trump now about the tariffs.
And, of course, these are people, both Trump and the Democrats, they don't care about the deficit.
So why do they have to tax us, is what I always say.
And we know why.
Yeah, we're way past fiscal sanity or having anything be budget neutral for taxation.
It's now just a weapon.
It's a weapon that's wielded to make sure that you stay in your place.
And so we wouldn't have to worry about any of these things.
It would be a moot point.
Privacy coins would be a moot point if there wasn't such an antiquated punishment known as the income tax.
If we really wanted to boost the economy, we should suspend the income tax.
If you really wanted to use tariffs strategically, do that and get rid of the income tax and invite companies to move here.
I promised you we'd have an economic renaissance.
Oh, yeah.
In eight weeks.
If you announced that and just went stable and said, we're going to give the market certainty and build here, but we're not doing that.
That's one of the things Mises said about the tariffs, that, hey, if Trump wants to have fair trade, just say, hey, I'll get rid of all the tariffs if you'll get rid of all your tariffs, right?
Sure. And so we can have free trade and we can level it out at zero, but they're not going to do that because they want the money.
Well, right.
It's so funny.
Everybody acts like, well, I read Adam Smith in Wealth of Nations is an invisible hand, and we're going to all adhere to it, except me, because the countries all do that.
I mean, Canada has a 230% tariff on dairy products.
230! And so the Chinese have massive tariffs on incoming products into their country.
They used our old playbook.
So this is all big talk on the world stage about free trade, but it's only the United States that's supposed to take all this punishment and open up your markets, all the rest of that.
We've been doing that for a long time as they've been looting the Treasury here domestically.
This is something completely different.
It has nothing to do with economic nationalism.
In my opinion, I don't think we're watching economic nationalism.
I think we're watching some sort of creative destruction.
Oh, yeah.
I agree.
Craved destruction and a massive grift.
21st century robber barons is what I see these people.
You spell it with just one R instead of two.
Maybe that was what was always on Trump's mind.
Hey, we could have him be a robber baron.
I don't know.
But one last comment here before I let you go, Tony.
On Rockfin, Qualamo says, Tony, can you speak about your IRA platforms next week and maybe have a rep on as well?
Well, I'll tell you.
I've used Tony for the IRA stuff, and that's what we have.
And it's a simple way to do it, really.
And you can do that because of the income tax code.
You have to have a third party that holds the stuff for you.
But, you know, Tony can help you get through that.
And he's very helpful in terms of holding your hand and getting the funds into that.
So I can speak from the experience.
Yeah, if you've got an IRA or a 401k or if you want to start one, you can just go to davidknight.gold, reach out to us.
We've got that down.
It's an easy process, especially if you're holding a lot of paper right now and you've got an IRA or 401k and you're like, what am I going to do here with these?
And the markets are bleeding.
A lot of my clients...
And I was thinking about that the other day.
I was thinking, wow, it's been, because I've been doing this for years, and I'm thinking some of them that did significant amounts, you know, years and years ago, it's looking pretty good now, you know, as far as, especially the gold holdings, you know, like those gold holdings that, you know, went from, you know, I was putting people in IRAs at $1,500 an ounce.
We were a long ways from that.
I wish I had to move stuff over at that point, but I didn't do it.
Yeah, I know.
It is amazing, and I think it's going to continue because I think we're going to have inflation.
I think we're going to have debt.
I think we're going to have a financial reset, and I think part of that financial reset is going to be a reset of the value of gold, especially because it's not simply something that the federal government can have the final say on.
It's going to be because all these other countries are moving to that.
It's going to really force their hand, I think.
But we'll see.
We'll see what happens.
Always great to talk to you, Tony.
Again, go to davidknight.gold.
I'll take you to Wise Wolf Gold.
Thank you so much, Tony, for your support over the years.
I really do appreciate it.
Thank you.
Hello, it's me, Volodymyr Zelensky.
I'm so tired of wearing these same t-shirts everywhere for years.
You'd think with all the billions I've skimmed off America, I could dress better.
And I could...
If only David Knight would send me one of his beautiful grey MacGuffin hoodies or a new black t-shirt with the MacGuffin logo in blue.
But he told me to get lost.
Maybe one of you American suckers can buy me some at thedavidknightshow.com.
And David is giving a 10% discount to listeners from now until 2025.
At that price, you should be able to buy me several hundred.
Those amazing sand-colored microphone hoodies are so beautiful.
I'd wear something other than green military cosplay to my various galas and social events.
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