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Sept. 11, 2025 - The David Knight Show
41:24
Gold Is the REAL Stablecoin
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Welcome back, folks.
It is uh a time of rapid change, and one of the things that is rapidly changing is gold.
So we have Tony Arteman of Wise Wolf Gold and Silver joining us.
And again, you can uh get to his site by using David Knight.gold.
Let him know that you came through us.
And you can gradually start to accumulate gold.
You can have a real savings program of something that will preserve its value.
He's set up uh a uh wolf pack uh where you can buy in at different levels and just do this on a monthly basis.
It's a great program, something I don't know of anybody else doing.
Thank you for joining us, Tony.
We've had a pleasure to to be here.
I'm glad uh I get to talk to Travis this week as well.
So that's right.
He's pull a double this time.
A dual a dual mind.
Um get to answer some questions.
You're right.
There's a lot of changes going on.
You know, I think I'd frame that maybe a little differently, David.
There's uh a lot of changes going on with the fiat currency system and the monetary system of the United States and around the world.
But I think gold and silver have basically remained the same.
Um I mean, they have more gold than we did.
They're the real stable coin.
The real stable coin.
Yeah, well, there's uh there's a lot happening with with gold in this monetary reset.
And it is interesting to watch.
Uh something I've been curious.
Uh you always followed the gold-silver ratios.
And today it's about, I think it's about 88 uh ounces of silver to make one ounce of gold.
But I started running the uh gold to Bitcoin ratios.
And that's been an interesting metric.
If you actually go back uh to the end of 2024, it took about 40 ounces of gold to make uh one Bitcoin, and now it takes 31.1.
So uh there's been some there's a bit of big leap in gold, even though you know Bitcoin was at 100,000 in 2020.
24 at the end of uh 24, it broke a hundred thousand and went to about a hundred and twenty thousand, I believe, around the Trump inaugural.
But it's been trading sideways and chopping sideways a lot, most likely uh through the last few months.
And you see gold continuing to just rise, and it's rising on uh mostly uncertainty, it's rising on central bank accumulation, and it's rising on the expected uh rate cut.
Yes.
And it's kind of interesting that even El Salvador, which had uh moved over strongly to Bitcoin, their central bank has started accumulating gold for the first time.
Uh so uh I guess the people that uh name the country after Jesus uh have decided to start saving some real money, gold.
But uh it's kind it's kind of interesting to see that happening and see even some of the stablecoin people are talking about we're gonna set up a a fund here that's gonna be Bitcoin, but we're gonna start accumulating gold for insurance.
So you got some Bitcoin uh people who are accumulating gold for insurance as well.
That's correct.
And uh Tether, I believe, has actually gone into uh backing some of the gold mining operations.
They're they're uh putting into the basis of infrastructure for gold.
Uh it's a really interesting time.
I I was I remember uh the interview I did with Alan Arrera, and I mentioned this last week.
He wrote a a history of gold, but I was thinking about that this morning.
There was a hundred thousand tons or so accumulated through all of history up until about nineteen ninety.
And since that time, we've put another hundred thousand tons into circulation of mining.
We've we've mined that much more gold, and the price is where it is still.
So I think this is because we've got a lot of fiscal uncertainty.
There's a there's been so much debasement of fiat currency.
Um it's it's hard to tell exactly what the true price of gold is, but I don't think we're anywhere near it right now, Dave.
Yeah, yeah.
And of course, uh they just had the producer price index come out and it showed inflation was higher than they had thought, but that didn't really move gold all that much a little bit.
But uh the thing that really moved it this week was when they saw this massive record uh fake jobs report.
I guess you know, along with their fiat currency, they have fiat jobs, things that don't really exist that they just make up out of thin air.
And that had been happening throughout the Biden administration uh last year or so, and uh now they're having a reckoning as they start to try to backfill and remove these fake jobs that they put in there to try to pump him up and make him look good.
And so that was one of the things that uh set gold off.
But it's also, I think the unrest that we're seeing, you know, the the attempts, the escalate attempts to drag everybody into World War III that we see.
It's always all of these different things have always moved to help gold, because gold is can be simple.
It can be something that you have physical custody of.
It doesn't even require for the infrastructure of the internet being there.
Yeah, I think we make a mistake with we look at the price of commodities.
Uh we think that they're priced into the metrics of all things financial globally, and they're just not.
I mean, if you look at the uh supposed wealth of the world and all the transactions what's on what's held, it's about 500 trillion.
The market cap for gold, I believe, is about 20 trillion.
I think silver is about two trillion, something like that.
It's and so it's relatively nothing compared to all of the financial products and all of the seeming, you know, what what is you know uh presented as wealth or or value around the world.
I think we're just on the edge of something really historic, David.
And and you know, I'm sure you know we've heard this before because they call it a great reset.
But the financially um everything that in the United States, we just hear about these you know, few stocks we hear about Nvidia, you hear about things like that, the FANG stock.
Uh but the most of the the stocks you're just kind of dead to people.
They they chop, they move sideways, they don't go anywhere.
Yeah.
Um it's we have a different metric of wealth here, and I think this is because of the changes that are on the horizon, monet the monetary changes are so massive.
I think that's what's happening to seeing the prices of gold and silver and and and for a lesser extent Bitcoin right now, I think that has a lot to do with the uncertainty around the world in adoption.
Uh, I think that's why Bitcoin's kind of just sitting there not doing anything.
Yeah, everybody is is looking for something that is real and authentic, as you point out.
You know, we have this uh paper wealth that is astronomical, and gold is a teeny tiny slice of that.
And I think people are looking at all these fiat currencies and all these different manipulations that are being done by governments and they're looking to fall back on something that's real.
And I think that's one of the reasons why uh this um uh nonsense from the Bureau of Labels Labor Statistics, the BLS was such obvious BS.
That's one of the things that really kicked off gold.
It's like, you know, what is real out here?
Do we have anything that's real?
Well, that's gonna be the the big question after all these years after 1971 is uh what is real at the end of the end of the day, we've had so much fake thrown at us, and you know, we have these booms and busts, and a lot of them are manufactured, and now the bubble's gotten so big.
If you go back through monetary history, like I like to do, you know, if you go back to some of the earlier panics, like the panic of 1907 that we had, um natural market forces were allowed to come in and everything was corrected.
So it it was a longer period between boom and bust cycles, and it wasn't as large.
But when you artificially prop them up like we did with the uh the great financial crisis of uh 2008-2009, which was really unprecedented.
We never really done anything like that before, where the the government uh you know, putting pressure on the central bank, uh, created you know, trillions out of thin air to prop up banks that were too big to fail or jail.
And um the the consequences of that are still not felt.
There's zombie corporations.
I've talked about this many times instead of zombie corporations that are in effect propped up.
Well, it still may be in the back of a lot of people's minds.
It certainly is in the back of my mind.
I mean, if they can if they can blow up real estate by using tokenization, securitization, and and fake financial instruments, then you know, you want to physically hold something that is real, like gold and silver.
And uh I think that it's it's a lot of people have got to be thinking about it in the back of their mind, Like, you know, hey, look at what they were able to do with real estate.
We need to get something that's real.
Well, that's right.
And then real estate in and of itself, I think is an open question of how secure that is.
How much how much of a bubble is that right now because of the interest rates and that's the attempt is going to be to cut it by 25 basis points coming up to see if it can fuel the economy because we're s we need that that debt creation.
I mean, as long as there's currency creation and debt creation, then it seemingly is a healthy economy.
But that's a foundation built on sand, as we know.
And um the looming financial disaster, I think that is out there.
And I I'm not just being pessimistic for the sake of it.
I think that that's just the data.
I mean, we look at the debt, the uh explosion.
We were talking about September 11th, and I'm speaking today.
By the way, I got my show next, but I'm gonna um I got invited to speak at the Rotary Club here in Denison, Texas for about 30 minutes.
I told him I can I talk about 9-11 and uh we're gonna have I think some people are gonna I'm not gonna go full tilt on to them, but we're gonna talk about things like buildings and we're gonna talk about um some of the mysteries of 9-11 and uh maybe even uh talk about uh some of the um the shorts that were put on to uh you know the short sales and the uh the puts that were put on to uh airline stocks um by uh um affiliates of Deutsche
Bank that had ties to intelligence.
We could we'll talk a little bit about that uh today.
But yeah, it's it's you know, since 2001, David, we've I think that I looked up the debt of the U.S. uh in 2001 on September 11th, it was around 5.5 trillion.
And as we stand today, we're at 37 plus trillion dollars.
Um these are metrics that you know, these are unsustainable things.
And uh, you know, the debt to GDP ratio.
And now um clearly the the answer here, I think is to invade Venezuela.
We have to do that because if we can invade Venezuela, everything will everything will be fine.
It's a national security issue, ladies and gentlemen.
But no, it's really ridiculous.
They didn't have enough oil that they could set up their own petrodollar without Saudi Arabia if they went into Venezuela.
They got more.
Right.
More oil than Saudi Arabia.
That that's that's the issue with with Venezuela's is not it's so ridiculous.
The it's not the cartels, it's not any of that.
It's uh it's it's the it's a grotesque version of the Monroe Doctrine in some way.
Yeah.
Uh unfortunately.
And that well, yeah, we're not we're not working on any of the things that would actually make this economy healthy, David.
I mean, we got you seen some of these people, and I know you've played some of this, but some of these folks, these uh operators that are trying to figure out what to do about tariffs and how to get their products in and having to shut down and they're firing people and all the rest that's happening because of the tariffs and uncertainty.
Uh this is not a game that's gonna turn out well for the people of the United States, unfortunately.
Um I and and the sad part about it is I agree with uh the concept of tariffs and uh up until now probably.
Yeah, it's it's the sort of thing where um actually there was a good article on uh Mises and I I'll cover it later, where they said uh uh Trump is portraying tariffs as something that's gonna make us wealthy.
But I said, however, if you look at this historically, the countries that have high tariffs are the poorest in the world.
And the ones that had uh low tariffs are the richest in the world.
And uh so it is not looking like it's gonna build prosperity.
And of course, then it also begs a question, which they don't really address.
And that is um we've always been told uh by Democrats that uh we can tax and spend our way to prosperity.
And that's basically what Trump, a Democrat, is telling us now that we can tax and spend our way to prosperity.
And yet that is not the case.
Uh it is exactly the opposite.
But before we get away from metals, uh silver you were talking about still has a ratio of about 80 or so to um to gold.
And uh one of the interesting things I thought was the fact that as everybody got concerned about Trump putting on tariffs with gold, especially because of his war with uh Switzerland that he wanted to get into.
Um this is the capricious uh and arbitrary nature of what Trump is doing if he doesn't like a country, threatens them with tariffs.
And this is one of the reasons why he should not have that power.
Hopefully the courts are gonna take it away.
He's already lost twice with that.
But um uh people are saying, well if he's gonna put Tariff on gold, uh they start started getting concerned about that.
He came out and explicitly said there'll be no tariff on gold and a couple of other precious metals, but he left out silver.
Uh do you read anything into that?
He didn't say they wouldn't tariff silver.
That's interesting.
Yeah.
Uh and they may have to do somewhat with maybe indirectly with what uh we saw Russia do, adding silver as a strategic reserve asset and accumulating silver.
Other governments, I believe, under the radar are also doing that, maybe even in the the BRICS periphery.
Um I think that's what's driving the price.
I think a I think a lot of the contracts and some of the other papered over silver markets are really getting strained right now.
And I I just did the calculation while you were talking.
I just wanted to make sure that it's 88.
It's 88 ounces of silver to make one ounce of gold.
And what's interesting about as we've seen gold continue march towards another all-time high, and we just hit another all-time high a few days ago.
You wondered if gold if silver was going to keep up with gold.
I mean, if you go back to the uh first quarter of the uh plandemic, after we had this massive stock market rally and then had the lowest uh, you know, we had the the lowest day on Wall Street, um biggest crash since since 29.
I remember the gold-silver ratio at one time, David, was 125 to 1.
Wow.
Wow.
So it's because uh silver really crashed.
I mean, it went down to I mean, on the spot levels, it was under $15.
I think it was like around $13 an ounce at one time.
Now you couldn't buy it anywhere for that.
No one's gonna sell it at 13, but it it was it had crashed that hard.
And uh we've slowly seen it build back.
But I think this is starting to break away and go back.
So historically it's been you know, even as low as 10 to 1, but that's it's generally 20 to 1 to 40 to 1, somewhere in there.
And we lost that balance post-1933.
I think those things are going to start resetting, especially as governments like um the government of Russia gets in on the silver game.
Interesting enough, uh, the the Swiss were the last people to the last country to officially go into a fiat currency post-1971.
That they went into uh total fiat at night in 2002, and at that time they abandon they had a silver standard for their currency.
That may also be an underlying issue with uh with the Swiss and silver.
Silver's still a monetary metal.
It's just gold gets all the the big headlines, it's easier to move.
Yeah, you know, that it's uh I I think at the end of the day it's always known as money, but silver does, it's just right there underneath it as a monetary metal, not just an industrial metal.
And it probably will will rec reclaim that.
As a matter of fact, the the word um rupee for the Indian currency is from the from the root word rupiah, which means silver.
Interesting.
So as you're pointing out, the the ratio between gold and silver, gold is up like what, 34 or 37 percent or something this year.
So has silver gone up that much?
Yes, same.
Yeah.
It's followed it.
That's because that's what I was saying.
The the interesting thing is the gold-silver ratio uh as we've been discussing, um, at one time it silver was uh $35 an ounce, and uh gold was $3,500, so it's a hundred to one, and that's been in the last 90 to 120 days, but we're starting to slowly see everything starting to repurpose and reset itself back to that uh you know uh 80 something to to one ratio, even if as gold climbs.
Interesting.
Well, it's uh you know, when we look at this going forward, uh the war that Trump's got going with the Federal Reserve is another issue there.
It looks like he's going to get his way, even though uh the court has blocked him being able to fire Lisa Cook uh as governor.
I think what she did was uh was wrong.
It was criminal.
But the other aspects of this that I thought were kind of alarming was how Poulty went through and uh did a Stalinesque investigation of her with artificial intelligence.
It's very much like bring me the man, I'll find the crime.
And so, you know, he's he's bragging about the fact that he's got artificial intelligence.
They can go back and sort through somebody's economic history and find anything, any technicality that they can hit them on.
And she did violate the law.
She did uh lie on her on her mortgage applications, but uh the way that they caught her is very concerning, and because they will use it against other people, I think.
But it's also uh the fact that it is a whether or not he is able to get her out, uh he is deliberately trying to intimidate people to following his uh desired economic uh direction, lowering interest rates, which is going to help um gold is going to hurt us with inflation, but it's going to uh help the price of gold significantly.
Do you think they're gonna do a um most of the people are saying 25 basis points, about a quarter of a point, uh that they're going to lower rates.
Uh some people are saying half a point.
But the bottom line is that Trump is going to get his way.
Uh Gerald Slinty said Trump is great for gold.
He was last time because he pushes inflation and uh easy money policies.
It looks like he's going to get his way with that as well.
What do you think?
I think he's going to get his way.
I would lean towards uh 25 basis points, at least.
I don't I don't think there's going to be a 50 basis points cut right off the bat.
But I do think it'll be followed by several other cuts.
I mean, and I think they'll go all the way into the midterms uh into next year.
That'll be the the trend.
And um you'll start to see some of the same language float around again.
You know, the the wall street will be back, it'll it'll look like everything's great for a while.
And then you get into every time we do this, every time we create these bubbles, um we're just setting ourselves up for the for the bigger downturn.
And uh as you've noticed throughout the years, there's not much room to run anymore.
I mean, we've been able to bail ourselves out by currency creation and lower interest rates, but if you keep lowering, if you get them back down to the COVID-1984 levels, where do you go from there?
And I think that's probably where we're headed, is uh just massive uh currency printing, money printing, uh expansion of the dollar, the M2 supply, I think we'll do that.
Inflation will continue to be uh a major issue, eating away at the savings of the American people and and hurting the world.
I think this is without sound money policies, we're just gonna be continuing to debase and devalue our own financial system.
And that's why things like gold are important, silver is important, and anything that cannot be reprinted, um, which is that's a very only few things.
That's commodities, basically, at the end of the day.
It's things that are rare and things that take work to get out of the earth or to manufacturers.
So I think we're the same policy, same things over and over again.
Cheap money is on the horizon, which means expensive gold.
That's right.
Yeah.
What we're looking at, the fundamentals that you and I have pointed out with this, uh, this isn't about trends that we're looking at in terms of you know, past history of uh different things, as much as it is.
We see the instability geopolitically, financially, all these other things.
And then this time there's something brand new on the horizon, and that is the desire of these people to have a CBDC, which now they are using the Trojan horse of the Genius Act to try to set up these stable coins, which will still give them complete uh uh ability to track and to prevent transactions from happening financially.
And uh you've got a senator, Keith Kelly of Alabama is warning people that the Genius Act is going to harm small banks.
I say it'd be more than a harm, it's going to destroy them.
Uh Eric Trump has said uh and he made this pronouncement at uh I think maybe they were in Dubai or something, and um he was talking about how uh banks were going to go away within 10 years, and it was all going to be stable coins because that's what the Trump family is angling for with Lutnik uh and Tether and and things like that.
And uh well, what happens when we lose the small banks, Tony?
Seems to me like we lose cash.
We will lose cash.
Yeah.
Uh on a long enough timeline.
I think you do lose cash.
That is a big danger.
Um we're not there yet.
I don't think, you know, we've I think the success of pushing pushing back against a central bank digital currency in the short term has been successful because they no longer have the same plans that they had you know five years ago for a central bank digital currency but you're right it's morphed yeah and uh what did Zigdu Brzezinski say they regroup in run around sovereignty they're doing an in run around um the pushback on C B D Crouped and
they rebranded stable coin issue yeah they regrouped and they rebranded it and called it uh the Genius Act and also David I think there's a there's something to the stable coins and what happens to the dollar like the the the next iteration of the dollar I think that's important with the with the stable coins because we all all of us have watched things like the petrol dollar die in the last year.
That's been that was a bizarre turn of events that you know we didn't even try to save we didn't try to save the the petrol dollar that 50 year agreement that we had with the Saudis.
It just lapped in in the summer of 2024 and with that without anything and I thought well that's very strange.
Yeah.
Well if you look at what they're trying to do with these off ramps on ramps for uh stable coins it makes it really easy to trade internationally with the dollar stable coins it's another it's like a a rebirth of the dollar a reimagining of the dollar itself at least that's what I'm seeing kind of on the horizon for the future of the dollar and the monetary system.
Yeah I think uh they basically you know Lutnik can uh be the big customer of the Federal Reserve bonds and notes and uh then they can through the stable coin thing they can go to retail instead of trying to sell it to central banks who don't want to play that game anymore uh they can offer the uh stable coin to individuals in other countries and um I think that's the direction that they're gonna go they're gonna try to prop up the dollar with the stable coin.
Yeah I agree.
I think that's uh it the danger there is is the dollar becomes stable coins or it's purposed that way is that we become a digitized system yes on the blockchain and that's where you get into the the dangers of the surveillance state and um you know this the surveillance disguised as money as Catherine Austin Fitz would say.
I think a lot of people are sensing the threats that are out there to the dollar now.
I mean when you look at it it seems like gold rose about 50% across all of Trump's previous four years.
And right now in the eight months since he's taken office it's risen almost 40% already.
So people are looking at this and saying something's wrong with the dollar and anytime the dollar is unstable, anytime it's weak gold goes through the roof.
And with the fact that we've already almost hit what he accomplished in his previous four years shows that there is a lot of stuff happening with gold.
He loves gold he wants everything made out of gold maybe that's why he's just buying it all up we're gonna have one day he's gonna unveil the White House and it's just going to be gold plated.
We'll find he's the biggest customer not the central banks of right in China or whatever.
So the White House is nice but now it's gold.
It's better gold.
Actually he's getting into crypto that's really his his family is becoming uh getting all their money into crypto but you know this headline from the UK uh an expose UK government's digital wallet plus a digital ID is the digital prison and I think that's the bottom line.
To me, you know we've we've had situations in the past and people you know if you look at gold as an investment uh you know you can look at past history and trends and things like that and try to buy it as a commodity or people look at it as a hedge against the collapse of the dollar but I see it as a hedge against the collapse of civilization and privacy and all the rest of this stuff because I know how they're going to use this genius act stable coin.
They're going to use it exactly like a C B D Cot all the worst features of a C B D C but they've rebranded it to make you think that it's fine.
And they've rebranded it so that they make the money not the Federal Reserve.
You know it's gonna be the Trump family and Lutnik is going to make the money off of this kind of stuff.
It's not going to be uh Powell and company I guess well you're right and uh is it possible that the Federal Reserve itself released that the creature from Jekyll Island is on the chopping block in this fourth turning.
Is it one of the institutions that gets repurposed and is there some creative destruction that's going on right now?
And of course it's a game that you know it's a big club and you ain't in it.
It's not like we benefit at any any level, but is there some warring faction of the banking houses or establishment or dynastic families that decided to do something different and change the system itself is it no longer suits them?
I mean, somebody's going to have to pay the bill.
Yeah.
Think about the damage that's been done by the Federal Reserve Bank.
Think about what the central bank has done to the United States to our to our monetary system.
That we used to have a system as good as gold.
And uh we used to be the world's greatest creditor.
There's a the majority of the blame lies at the feet of the one institution that was supposed to regulate and control and and uh keep boom and bus cycles from happening.
They let all that stuff happen on their watch.
As a matter of fact, it's lost 99% of its purchasing power uh since they assumed the helm of the in charge of the monetary policy.
So I I I think that maybe that's just a way of getting rid of it.
Always need a crisis to precipitate the changes that they want.
That's right.
And then what do we replace it with?
Do we replace the Federal Reserve as bad as it is with one individual who's just going to uh dictate everything?
You know, that's that's the key thing.
We're going to have, you know, we got a fiat currency, so I guess we should have a fiat dictator who's going to have uh sing singular uh individual who's going to decide uh uh how everything, the monetary policy, how much uh is going to be there and interest rates and all the rest of these things that Federal Reserve has been manipulating, uh, would have central planning done by somebody who doesn't seem to plan anything economically just reacts as we've seen with the tariff stuff.
I definitely think this is a a blip.
Uh, you know, obviously the the Trump administration, this is already um, you know, he can't run again.
I don't think there'll be a continuity of these same types of policies.
So this is probably an anomaly somewhere, but it does fit into the larger plan.
Um, as you mentioned, uh, you know, with with the with Bess and the Treasury Secretary, then it ties to stable coins in the past.
I think this is going to be something that stable coins, crypto, a lot of what's going to be put on the table in the next three years.
Um, and it will be implemented and put into the infrastructure.
Um it's sad because we don't need, you know, at the end of the day, if if people will had a free market for money, uh, you know, you mentioned the the small banks will be hurt by the stable coins.
That's the exact entities we would need to step up and and help us uh sure with the free market and have some real competition um, you know, and and I think create a better, a better way.
Um decentralized currency is the answer to a centralized system that it's imploding.
And that's unfortunate that people can't see it.
Everything's gonna become more centralized, you know, instead of the Federal Reserve, you have one individual or a couple of people in his uh administration who can be making all the monetary policy, and then instead of a lot of smaller local banks and some of the competition that comes with that, you're gonna have the two big to fail guys and two big to jail guys.
They'll be the only ones that you'll be able to get loans from.
What's that going to be like?
And then, of course, there's not going to be uh there's not going to be the ability to, if you're a small business, assuming that there's any small businesses left, you're not gonna be able to take the cash that you uh had at your business and take it down to the local bank to have it deposited.
You know, that's uh that's gonna be a thing of the past as well.
So it's it's it's uh all of it is about complete centralization and complete control.
And it's going to be uh the usual suspects, the giant banks and the government that are going to exercise complete control over everything.
That's why I say we need to have something that we can have as a basis for setting up a parallel economic system that's going to be out of their system.
And that's where gold and silver I think come in as a very important thing.
I agree.
I think and I think we're just at the beginning of uh the implementation of a lot of those policies for uh people to get their hands on precious metals and start transacting them in them.
I think that they were just at the at the beginning.
A lot of states have made it legal tender.
Uh Texas recently just did that at their they have some you know three-year plan or something to implement where they're gonna you'll be able to store gold and silver in a in the Texas depository and then you know have a card against it and all that that's fine.
Um but it's also the the move there I think by the state itself to make gold and silver legal legal tender as well as other states that are working on it.
That's the future.
The states and local governments are doing, I think, a good job at preparing for a future where the dollar is a lot less stable.
I've got a question for you, Tony, from Wes Robertson 448.
Ask, will silver hit $150 to $200 an ounce in the next two to three years?
I think two to three years is probably, let's hope not, because if it's hitting that, it's going to be a good job.
If it's doing those kind of numbers, we've got some real problems.
I think that we're really poised in this last quarter of 2025 here to see silver break its finally break its 45-year all-time high.
I think that is a very good mathematical chance that we'll see silver do something like go to $60 an ounce.
That's real possible.
And then going into 2026 and beyond, it's tough to say.
I think $100 an ounce silver is definitely doable in this decade.
And that just kind of depends on what happens geopolitically.
There's a lot of ifs there.
There's a lot of ifs.
It has to do with the strength of the dollar.
As you said, we'd be in really bad straits if it gets that high.
As a matter of fact, there was something on Kitco, and it was a quote from a company that is focused on silver, Silver Stock Investors.
And he said he thought that it could go to $100.
ounce this cycle.
So that's a real bullish projection.
And even he's going to $100 and not $200 or $300.
I try to be as conservative as possible because a lot of people can misconstrue what I say is investment advice.
But also I've found these silver bugs that are always going around the internet that have all these views that tell people that silver is going to be, you know, $1,000 an ounce and stuff.
I don't know what they're basing that off of.
And I think that people get excited and they run off and they buy whatever products, you know, that they think they're going to see this massive returns.
But I do think that we're still in an era of cheap silver and I bring that up because of the gold silver ratio and I think that the ratio is still skewed even though uh silver is at 40 almost 42 dollars an ounce uh spot so I still think we've got a long way to go um where you can still accumulate I mean obviously silver is is going to do well all throughout the decade so you're just kind of getting this you're not late to the party at 42 dollar an ounce silver not even close.
Yeah, what we're talking about, if it goes to $200 or $300 an ounce, again, things are really bad.
That's real bad.
Because, again, at least I look at this stuff when I look at gold and silver.
I'm interested in it just as a store of value, not as playing a commodity market.
There's a lot of other commodities that you play as well, I guess.
You could go out and invest in tomatoes with Trump's erratic trade policies.
You could probably get involved in tomato futures and either get burned or become really rich.
But I look at it as a preservation tactic.
And not just a preservation of purchasing power, but as a preservation of privacy and of freedom.
Because this other thing that's out there, besides the interplay between these fiat currencies and the traditional money of gold and silver, where this is a whole other thing out there of the stable coins or the CBDCs or whatever they want to label them.
them they're the same thing.
And uh that's what really has me concerned.
Do you have any more questions here that you see um Lance uh for Tony I don't see any there.
Let me ask you what's going on with um wise wolf well we got the new uh old bank location I took a branch bank uh an old bank of America and repurposed it here in Denison Texas I'm getting my signs up in the next week or so uh we got a banner up right now we've been busy I love it's a it's a it's still got the drive through still says ATM on there it's fun uh I got I'm putting a new studio in there for podcasts.
And uh we we rebranded it, David.
We did uh just for this location.
We did Wise Wolf Gold Silver Bitcoin.
I changed the logo up a bit, so I'm the only drive-thru gold silver bitcoin place in the world.
I think I'm gonna say in the world.
Uh I don't know that there's anybody competing with me in that realm yet.
Um, but we're we're really excited about that.
I've uh put in some work there, and I don't think I'll be doing any more physical locations.
I have my two.
I think you might have an opportunity if all these local banks start going out of business with stable coins.
Yeah, I'll be the bank of choice.
Um we've definitely put in a lot of infrastructure into the the two physical locations in the last year.
Uh I wanted to make sure that you know the marketing was sound, people could physically bring us product.
So if you just I mean, this is what we do every week, but the the intel that I'm seeing um is that a lot of people are selling.
A lot of people are selling product, and we're happy to be there for them.
Um, but that ratio of buyers to sellers, you know, it's just so skewed right now.
And you wonder, you see these prices that are rising.
Somebody's buying, and it's just not the air.
The everyday people are doing stuff like Wolfpack, they're you know, they're budgeting out, which is great.
Um, and we we need every single Wolfback membership to offset that because we're buying uh product.
Like I bought like 600 ounces of silver yesterday, and I got nowhere to put it.
If you're interested in getting some great deals on silver, you should give me a call.
But I got like you know, two ounce, three ounce, five-ounce uh uh rounds and bars from the Australian mint.
I'm just buying buying crazy amounts.
It's like over $22,000.
I think we we bought between the two locations, probably like you know, a thousand ounces yesterday.
We're buying ounces, uh hand over fist, and then we're gonna be able to do that.
Is that one seller, or is that just a lot of people that were selling uh silver?
Uh it's it's that was one the six hundred ounces was one shot.
Um but we just we are getting a lot of people selling, of course.
Gold, urban gold mining is up, but that's a good thing.
That's a good thing.
I'd I'd love to buy as much scrap gold as I can buy.
Uh, you know, watches and chains and rings.
I love that.
I mean, that helps that's uh that keeps the lights on.
And teeth.
Uh and that that's really gone, it's really been busy because of the price of gold.
But uh yeah, now's a good time to get into this.
I know it's people are skittish, but I would say it's a it's a really good time, I think, to especially get into silver.
And we got a lot of great deals on that right now.
Well, if it's being driven by instability, I don't see any stability on the horizon.
No.
That's that's the key thing.
Well, it's always great talking to you, Tony.
And your program is going to be immediately following this one on X and uh tell us where else they can find it.
Yeah, on uh Rumble uh at on the America Unplugged channel and on X uh at Tony Arterburn, you'll you'll find me uh live there.
I have a YouTube channel.
Uh, you might want to check it out before it it goes away, but it's at Tony Arderburn.
You can find me on YouTube there.
Uh, and then I'll be I'll be going to speak to the rotary club.
So if you're in Denison, go by because I'm gonna I'm gonna be kind, but we're gonna talk about um some of the mysteries of 9-11.
People that leave there will not look at 9-11 again this name.
Well, they shouldn't.
Uh you know, just I would just encourage them to get on YouTube and search for building demolitions, and they might get an idea of what a real building demolition looks like.
Yeah, it's uh yeah, you can see failed.
They could also take a look at all the uh different skyscraper fires, many of them that went for several days with steel skyscrapers, and they never fell.
They might be twisted metal, but uh they never fell.
Well, thank you for getting the truth out there, Tony, and thank you for what you do.
It's been great to have uh a good source for gold and silver.
And I know that people love the ability to be able to gradually accumulate and save gold and silver on a regular basis, and that's what wise wolf has really been.
So uh thank you so much for what you do.
Again, people can find Tony.
They go to David Knight.gold.
They'll take you to WiseWolf as well.
Uh thank you, Tony.
We'll talk to you later.
Sir, see you soon.
Yeah.
The common man.
They created common core to dumb down our children.
They created common past to track and control us.
They're commons project to make sure the commoners own nothing.
And the communist future.
They see the common man as simple, unsophisticated, ordinary.
But each of us has worth and dignity created in the image of God.
That is what we have in common.
That is what they want to take away.
Their most powerful weapons are isolation, deception, intimidation.
They desire to know everything about us while they hide everything from us.com.
Thank you for listening.
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