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Sept. 11, 2025 - The David Knight Show
41:34
Gold Is the REAL Stablecoin
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Welcome back, folks.
It is 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 get to his site by using davidknight.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 a WolfPack 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.
Well, it's always a pleasure to be here.
I'm glad I get to talk to Travis this week as well.
That's right.
We can pull a double this time.
A dual mind.
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 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.
I mean, they have a lot more gold than we did.
They're the real stable coin.
The real stable coin.
Yeah, well, there's a lot happening with gold in this monetary reset.
And it is interesting to watch.
Something I've been curious, you always followed the gold-silver ratios.
And today it's about, I think it's about 88 ounces of silver to make one ounce of gold.
But I started running the gold to Bitcoin ratios.
And that's been an interesting metric.
If you actually go back to the end of 2024, it took about 40 ounces of gold to make one Bitcoin, and now it takes 31.1.
So there's been a big leap in gold, even though Bitcoin was $100,000 in 2024 at the end of 24.
It broke 100,000 and went to about 120,000, I believe, around the Trump inaugural.
But it's been trading sideways and chopping sideways a lot, most likely through the last few months.
And you see gold continuing to just rise.
And it's rising on mostly uncertainty.
It's rising on central bank accumulation.
And it's rising on the expected rate cut.
Yes.
And it's kind of interesting that even El Salvador, which had moved over strongly to Bitcoin, their central bank has started accumulating gold for the first time.
So I guess the people that name the country after Jesus decided to start saving some real money, gold.
But it's kind of interesting to see that happening and see even some of the stablecoin people are talking about, we're going to set up a fund here that's going to be Bitcoin, but we're going to start accumulating gold for insurance.
So you've got some Bitcoin people who are accumulating gold for insurance as well.
That's correct.
And Tether, I believe, has actually gone into backing some of the gold mining operations.
They're putting into the basis of infrastructure for gold.
It's a really interesting time.
I remember the interview I did with Alan Herrera, and I mentioned this last week.
He wrote a history of gold, but I was thinking about that this morning.
There was 100,000 tons or so accumulated through all of history up until about 1990.
And since that time, we've put another 100,000 tons into circulation of mining.
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 been so much debasement of fiat currency.
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, 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 the thing that really moved it this week was when they saw this massive record 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 last year or so.
And 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 set gold off.
But it's also, I think, the unrest that we're seeing, you know, 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 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.
We look at the price of commodities.
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 supposed wealth of the world and all the transactions and what's held, it's about 500 trillion.
The market cap for gold, I believe, is about 20 trillion.
I think silver is about 2 trillion, something like that.
And so it's relatively nothing compared to all of the financial products and all of the seeming what is presented as wealth or value around the world.
I think we're just on the edge of something really historic, David.
And I'm sure we've heard this before because they call it a great reset.
But financially, everything that in the United States, we just hear about these few stocks we hear about NVIDIA.
You hear about things like that, the FANG stock.
But most of the stocks, they're just kind of dead to people.
They chop.
They move sideways.
They don't go anywhere.
We have a different metric of wealth here.
And I think this is because of the changes that are on the horizon.
The monetary changes are so massive.
I think that's what's happening is seeing the prices of gold and silver.
And for a lesser extent, Bitcoin right now, I think that has a lot to do with the uncertainty around the world in adoption.
I think that's why Bitcoin's kind of just sitting there, not doing anything.
Yeah, everybody is looking for something that is real and authentic, as you point out.
You know, we have this 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 this nonsense from the Bureau of 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 going to be the big question after all these years after 1971 is what is real?
At the end of the day, we've had so much fake thrown at us.
And 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, if you go back to some of the earlier panics, like the panic of 1907 that we had, natural market forces were allowed to come in and everything was corrected.
So 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 great financial crisis of 2008, 2009, which was really unprecedented, we never really done anything like that before, where the government, you know, putting pressure on the central bank, created trillions out of thin air to prop up banks that were too big to fail or jail.
And the consequences of that are still not felt.
zombie corporations, I've talked about this many times or stuff, 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 blow up real estate by using tokenization, securitization, and fake financial instruments, then you want to physically hold something that is real, like gold and silver.
And I think that 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 of a bubble is that right now because of the interest rates?
And 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 need 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 the looming financial disaster, I think, that is out there.
And 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 explosion.
We were talking about September 11th, and I'm speaking today, by the way.
I got my show next, but I'm going to, I got invited to speak at the Rotary Club here in Denison, Texas for about 30 minutes.
I told them, can I talk about 9-11?
And we're going to have, I think some people are going to, I'm not going to go full tilt onto them, but we're going to talk about things like Billings.
And we're going to talk about some of the mysteries of 9-11 and maybe even talk about some of the shorts that were put onto the short sales and the puts that were put onto airline stocks by affiliates of Deutsche Bank who had ties to intelligence.
We'll talk a little bit about that today.
But yeah, since 2001, David, I think I looked up the debt of the U.S. in 2001 on September 11th.
It was around 5.5 trillion.
And as we stand today, we're at $37 plus trillion dollars.
These are metrics that these are unsustainable things.
And the debt to GDP ratio.
And now clearly the answer here, I think, is to invade Venezuela.
We have to do that because if we can invade Venezuela, everything will be fine.
It's a national security issue, ladies and gentlemen.
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 oil than Saudi Arabia.
That's the issue with Venezuela.
It's so ridiculous.
It's not the cartels.
It's not any of that.
It's a grotesque version of the Monroe Doctrine in some way.
Yeah.
Unfortunately.
But yeah, we're not working on any of the things that would actually make this economy healthy, David.
I mean, we got you've seen some of these people, and I know you've played some of this, but some of these folks, these operators that are trying to figure out what to do about tariffs and how to get their products in and have them shut down, and they're firing people and all the rest that's happening because of the tariffs and uncertainty.
This is not a game that's going to turn out well for the people of the United States, unfortunately.
And the sad part about it is I agree with the concept of tariffs up until now, probably.
Yeah, it's the sort of thing where actually there was a good article on Mises, and I'll cover it later, where they said Trump is portraying tariffs as something that's going to make us wealthy.
But they 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 low tariffs are the richest in the world.
And so it is not looking like it's going to build prosperity.
And of course, then it also begs a question which they don't really address.
And that is, we've always been told by Democrats that 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.
It is exactly the opposite.
But before we get away from the metals, silver you were talking about still has a ratio of about 80 or so to gold.
And 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 Switzerland that he wanted to get into, this is the capricious and arbitrary nature of what Trump is doing.
If he doesn't like a country, he threatens them with tariffs.
And this is one of the reasons why he should not have that power.
Hopefully the courts are going to take it away.
He's already lost twice with that.
But people are saying, well, if he's going to put a tariff on gold, they 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.
Do you read anything into that?
He didn't say they wouldn't tariff silver.
That's interesting.
And it may have to do somewhat with, maybe indirectly, with what 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 BRICS periphery.
And I think that's what's driving the price.
I think a lot of the contracts and some of the other papered over silver markets are really getting strained right now.
And I just did the calculation while you were talking.
I just wanted to make sure, but 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 its march towards another all-time high, 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 first quarter of the pandemic, after we had this massive stock market rally and then had the lowest, you know, we had the lowest day on Wall Street, biggest crash since 29.
I remember the gold-silver ratio at one time, David, was 125 to 1.
Wow.
Wow.
So that's because 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 going to sell it at $13, but it had crashed that hard.
And we've slowly seen it build back.
But I think this is starting to break away and go back.
So historically, it's been even as low as 10 to 1, but that'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 the government of Russia gets in on the silver game.
Interesting enough, the Swiss were the last people to, the last country to officially go into a fiat currency post-1971.
They went into total fiat in 2002.
And at that time, they had a silver standard for their currency.
That might also be an underlying issue with the Swiss and silver.
Silver is still a monetary metal.
It's just gold gets all the big headlines.
It's easier to move.
I think at the end of the day, it's always known as money, but silver does it just right there underneath it as a monetary metal, not just an industrial metal.
And it probably will reclaim that.
As a matter of fact, the word rupee for the Indian currency is from the root word rupiah, which means silver.
Interesting.
So as you're pointing out, the ratio between gold and silver, gold is up like, what, 34, 37% or something this year?
So has silver gone up that much?
Yes, same.
It's followed it.
That's because that's what I was saying.
The interesting thing is the gold-silver ratio, as we've been discussing.
At one time, silver was $35 an ounce and gold was $3,500.
So it's $100 to $1.
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 80-something to one ratio, even if as gold climbs.
Interesting.
Well, when we look at this going forward, 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 the court has blocked him being able to fire Lisa Cook as governor.
I think what she did was wrong.
It was criminal.
But the other aspects of this that I thought were kind of alarming was how Pulte went through and 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 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 lie on her mortgage applications.
But the way that they caught her is very concerning because they will use that against other people, I think.
But it's also the fact that it is a, whether or not he is able to get her out, he is deliberately trying to intimidate people to following his desired economic direction, lowering interest rates, which is going to help gold is going to hurt us with inflation, but it's going to help the price of gold significantly.
Do you think they're going to do a most of the people are saying 25 basis points, about a quarter of a point, that they're going to lower rates.
Some people are saying half a point.
But the bottom line is that Trump is going to get his way.
Jerry Slinty said Trump is great for gold.
He was last time because he pushes inflation and 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 25 basis points, at least.
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, I think they'll go all the way into the midterms into next year.
That'll be the trend, and you'll start to see some of the same language float around again.
You know, the Wall Street will be back.
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, we're just setting ourselves up for the bigger downturn.
And 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-19 levels, where do you go from there?
And I think that's probably where we're headed is just massive currency printing, money printing, expansion of the dollar, the M2 supply.
I think we'll do that.
Inflation will continue to be a major issue, eating away at the savings of the American people and hurting the world.
I think this is without sound money policies, we're just going to 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, which is only a 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, as you and I point out with this, this isn't about trends that we're looking at in terms of past history of 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 ability to track and to prevent transactions from happening financially.
And 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.
Eric Trump has said, and he made this pronouncement at, I think maybe they were in Dubai or something, and he was talking about how banks were going to go away within 10 years.
And it was all going to be stablecoins because that's what the Trump family is angling for with Lutnik and Tether and things like that.
And what happens when we lose the small banks, Tony?
It seems to me like we lose cash.
We will lose cash on a long enough timeline.
I think you do lose cash.
That is a big danger.
We're not there yet.
I don't think, you know, we've I think the success of 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 five years ago for a central bank digital currency.
But you're right, it's morphed.
And what did Zigdu Brzezinski say?
They regrouped in run around sovereignty.
They're doing an in-run around the pushback on CBDC.
They regrouped and they rebranded the stablecoin issue.
Yeah, they regrouped and they rebranded it and called it the Genius Act.
And also, David, I think there's something to the stable coins and what happens to the dollar, like the next iteration of the dollar.
I think that's important with the stable coins because all of us have watched things like the petro dollar die in the last year.
That was a bizarre turn of events that we didn't even try to save.
We didn't try to save the petro dollar, that 50-year agreement that we had with the Saudis.
It just lapped in the summer of 2024 without anything.
And I thought, well, that's very strange.
Well, if you look at what they're trying to do with these off-ramps on ramps for stablecoins, it makes it really easy to trade internationally with the dollar stable coins.
It's another, it's like 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 they basically, you know, Lutnik can be the big customer of the Federal Reserve bonds and notes.
And then they can, through the stablecoin thing, they can go to retail instead of trying to sell it to central banks who don't want to play that game anymore.
They can offer the stable coin to individuals in other countries.
And I think that's the direction that they're going to go.
They're going to try to prop up the dollar with the stable coin.
Yeah, I agree.
I think that's the danger there is the dollar becomes stable coins or its purposed that way is that we become a digitized system on the blockchain.
And that's where you get into the dangers of the surveillance state and 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.
Yeah.
He loves gold.
He wants everything made out of gold.
Maybe that's why.
He's just buying it all up.
One day he's going to unveil the White House and it's going to be gold plated.
We'll find he's the biggest customer, not the central banks in China or whatever.
The White House was nice, but now it's gold.
It's better gold.
Actually, he's getting into crypto.
That's really his family is becoming getting all their money into crypto.
But this headline from the UK, 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, we've had situations in the past and people, if you look at gold as an investment, 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 stablecoin.
They're going to use it exactly like a CBDC.
It's got all the worst features of a CBDC, 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.
It's going to be the Trump family and Lutnick who's going to make the money off of this kind of stuff.
It's not going to be Powell and company, I guess.
Well, you're right.
And is it possible that the Federal Reserve itself, or at least 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 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.
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 monetary system, that we used to have a system as good as gold, and we used to be the world's greatest creditor.
The majority of the blame lies at the feet of the one institution that was supposed to regulate and control and 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 since they assumed the helm of the in charge of the monetary policy.
So 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 dictate everything?
That's the key thing.
We're going to have a fiat currency, so I guess we should have a fiat dictator who's going to have a singular individual who's going to decide how everything, the monetary policy, how much is going to be there and interest rates and all the rest of these things that the Federal Reserve has been manipulating would have central planning done by somebody who doesn't seem to plan anything economically.
He just reacts, as we've seen with the tariff stuff.
I definitely think this is a blip.
Obviously, the Trump administration, this is already, 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, as you mentioned, with Bessette and the Treasury Secretary that ties to stablecoins in the past.
I think this is going to be something that stablecoins, crypto, a lot of what's going to be put on the table in the next three years and it will be implemented and put into the infrastructure.
And it's sad because we don't need, you know, at the end of the day, if people had a free market for money, you know, you mentioned the small banks that will be hurt by the stable coins.
That's the exact entities we would need to step up and help us with the free market and have some real competition and I think create a better way.
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 going to become more centralized.
You know, instead of the Federal Reserve, you have one individual or a couple of people in his administration who are going to 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 going to have the too big to fail guys and too 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 the ability to, if you're a small business, assuming that there's any small businesses left, you're not going to be able to take the cash that you had at your business and take it down to the local bank to have it deposited.
That's going to be a thing of the past as well.
So all of it is about complete centralization and complete control.
And it's going to be 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, comes in as a very important thing.
I agree.
And I think we're just at the beginning of the implementation of a lot of those policies for people to get their hands on precious metals and start transacting in them.
I think that they were just at the beginning.
A lot of states have made it legal tender.
Texas recently just did that.
They have some three-year plan or something to implement where you'll be able to store gold and silver in the Texas depository and then have a card against it and all that.
That's fine.
But it's also the move there, I think, by the state itself to make gold and silver 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 got a question for you, Tony, from Wes Robertson 448 asks, 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, if it's doing those kind of numbers, we got some real problems.
I think that we're really poised in this last quarter of 2025 here to see silver break.
It's finally break its 45-year all-time high.
I think that there's a very good mathematical chance that we'll see silver do something like go to $60 an ounce.
That's real possible.
And then, you know, going into 2026 and beyond, you know, 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.
As you said, we would be 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 an 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 as investment advice.
But also, I 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 $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 that they think they're going to see this massive returns.
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 silver is at almost $42 an ounce spot.
So I still think we've got a long way to go where you can still accumulate.
I mean, obviously, silver 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 an ounce silver, not even close.
Yeah, well, we're talking about if it goes to $200 or $300 an ounce, again, things are really bad economically.
It's really bad.
Because, you know, 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 can play as well, I guess.
You could go invest in tomatoes with Trump's erratic terra 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, this is a whole other thing out there of the stable coins or the CBDCs or whatever they want to label them.
They're the same thing.
And that's what really has me concerned.
Do you have any more questions here that you see, Lance, for Tony?
I don't see any there.
Let me ask you, what's going on with Wise Wolf?
Well, we got the new old bank location.
I took a branch bank, an old Bank of America, and repurposed it here in Denison, Texas.
I'm getting my signs up in the next week or so.
We got a banner up right now.
We've been busy.
I love it.
It's still got the drive-through.
It still says ATM on there.
It's fun.
So I'm putting a new studio in there for podcasts.
And we rebranded it, David.
We did just for this location.
We did Wise Wolf Gold Silver Bitcoin.
I changed the logo up a bit.
So I'm the only drive-through gold, silver, Bitcoin place in the world.
I'm going to say in the world.
I don't know that there's anybody competing with me in that realm yet.
But we're really excited about that.
I've put in some work there.
And I don't think I'll be doing any more physical locations.
I have my two.
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.
Yeah, we've definitely put in a lot of infrastructure into the two physical locations in the last year.
I wanted to make sure that 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 intel that I'm seeing is that a lot of people are selling.
A lot of people are selling product, and we're happy to be there for them.
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 everyday people are doing stuff like Wolfpack.
They're budgeting out, which is great.
And we need every single Wolfpack membership to offset that because we're buying 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 because I got like two ounce, three ounce, five ounce rounds and bars from the Australian mint.
I'm just buying crazy amounts.
It's like over $22,000.
I think we bought between the two locations probably like 1,000 ounces yesterday.
We're buying ounces hand over fist.
And then one seller or was that just a lot of people that were selling silver?
The 600 ounces was one shot.
But 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 love to buy as much scrap gold as I can buy.
Watches and chains and rings.
I love that.
I mean, that helps.
That keeps the lights on.
And teeth.
And that's really gone.
It's really been busy because of the price of gold.
But yeah, now's a good time to get into this one.
I know people are skittish, but I would say 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 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 tell us where else they can find it.
Yeah, on Rumble on the America Unplugged channel and on X at Tony Arterburn.
You'll find me live there.
I have a YouTube channel.
You might want to check it out before it goes away, but it's at Tony Ardeburn.
You can find me on YouTube there.
And then I'll be going to speak to the Rotary Club.
So if you're in Denison, go by because I'm going to be kind, but we're going to talk about some of the mysteries of 9-11.
People that leave there will not look at 9-11 again in this thing.
Well, they shouldn't.
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 a yeah, you can see failed.
They could also take a look at all the different skyscraper fires, many of them that went for several days with steel skyscrapers, and they never fell.
They might be twisted metal, but 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 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 thank you so much for what you do.
Again, people can find Tony.
They go to davidknight.gold.
They'll take you to Wise Wolf as well.
Thank you, Tony.
We'll talk to you later.
Sir, see you soon.
The Common Man They created Common Core to dumb down our children.
They created Common Past to track and control us.
Their 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.
It's time to turn that around and expose what they want to hide.
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