Interview: The Controlled Demolition of the American Financial System

0:00Come back and joining us now is Tony Arden of Wise Wolf Gold. Always great to have Tony Arden and there is a lot of financial news, just like there's a lot of news about war and oil and all the rest of the stuff. There's a lot of news about gold and the dollar especially. A lot of shenanigans have been happening in the last week or so. And again, you can get to Wise Wolf Gold if you're going to do David Knight Gold. I'll take you to Tony and he has an excellent system that is set up. Of course, you can buy any quantity of gold or silver that you want there. He operates at a very reasonable profit margin. It's always a good price there. But he will also let you take advantage of a group buy if you get into a wolf pack and you can start to save on a monthly basis and you can set up as little or as much as you wish really to start accumulating gold and silver. It's an insurance policy to start converting your rapidly evaporating fiat money into something

1:05that has always held its value. And so that's an excellent program. I don't know if anybody else it does that. Thank you for joining us, Tony. What's on your radar this last week? We've had so much happening. It's great to be back, David. Yeah. Last week towards Labor Day, I took off and I went to just not something I regularly do, but I took a break. I went to Colorado. And while I was out there, there was a story that came across. I tried to stay off the news feeds, but there was a story that came across and I thought, is this really have? I thought it was a parody, but I found an outlet that actually covered Trump. That's the one we live in. Yeah. I could quite tell because I was like, let me, I read it four times and I like, that can't be right. But it was. Trump went on true social and the independent in UK put out the headline that actually covered what he actually said. Trump threatened to stop trade with other countries if the US doesn't lower its own interest rates. He went on true, this is on the, this is on the fourth. So it was like, you know, towards the Labor Day holiday.

2:06This is the synopsis of it. Trump threatened to halt trade with every country that runs a surplus with the United States unless the Federal Reserve cuts interest rates tying together two things that are not connected by any mechanism of American economic policy. Well, because we're a temper tantrum, right? It's like, if they don't lower interest rates, it's going to make me so mad I'm going to do this to you, right? And it really is insane, except that there seems to be a plan. I think one of the things I covered last week, Tony, was a substatic called the Lea Files. And she, somebody she said she used to be a CIA analyst and she came up with a sequence of events that have happened in the Trump administration. First of all, the big win that Mago will tout that Trump prohibits CBDC and said, well, when that happened, if you remember, we talked about that and said, yeah, that's just a head fake. They're going to set up a private digital currency. I call it a CC, which comes after CBDC.

3:06It is the Krony capitalist version of it. And then we see who the Krony capitalist that are going to benefit from this are going to be. It was, to me, it was kind of up in the air. Well, is this something that's going to be set up to benefit Lutnik and his tether stable coin that he already has had up there for a while? He's highly connected to that. And of course, tether gets its Federal Reserve notes that supposedly make it a stable coin. They get that through as Cantor Fitzgerald company. And so they pass legislation saying that stable coins are going to have to have a pretty high percentage of treasury bills there. And you and I have talked about that. How they are having trouble selling the T-bills and so in the bonds and so what they're going to do is fold that into a stable coin and sell it to people a little bit at a time. It's like, I like the Florida and the water, right? You got all this industrial waste and it's going to cost you a lot of money to get rid of this hazardous stuff. So let's just sell it to the people and they can drink it a little bit at a time.

4:08We will not worry about getting rid of this stuff. So they kind of toxic monetary waste. They're going to sell that out and dull it out to us a bit by bit as they enact controls. But there's always, when you look at the Trump administration, there's always going to be one aspect of it that's going to benefit him personally and or the people around him. So now we can see that unfolding as well as Trump is threatening other countries. So was Scott Bessent just a day after they gave a bank charter to the Trump family. So now the Trump family has the only stable coin out there that has a charter. So they're trying to kick people out of the dollar system and Trump's going to have the only alternative there. Looks like these people are setting themselves up being the new Rockefellers for the Rothschilds, doesn't it? I think it's just a coincidence, David. I don't think it can't be any griff inside this administration. You go back to the first Trump administration and you and I covered this. He was Jared Kushner that was talking about the blueprints of CBDC.

5:08It wasn't the Biden administration. They didn't start that. It was the Trump administration and Biden put out the executive order that all branches of government should start looking to implement CBDC or a report back of how it could be implemented. And it finally caught on into the consciousness politically that the term CBDC and I was talking about it. It's interesting how fast it caught on and the Trump campaign used it as a weapon. I was in Nashville when he went there in 24 during the campaign to say that there will be no CBDC when he was at the Bitcoin conference. And I thought, well, that's interesting because it was Kushner that pushed it. What will be the alternative here? They're not going to scrap the digitized dollar system. Oh no, they're going to make it worse. It's a public private partnership, as you mentioned, which is the definition of fascism. That's what they're going to implement. In some direct way to benefit themselves. If you look at something like Tether, Tether is acting like a central bank.

6:12It's not merely a stablecoin, David. It's got $187 billion market cap. Let's three months ago. I don't know what it is now, but it buys gold just like a central bank. Your thesis, I think, is 100% correct. They're going to do something. It's maybe like a valve, like, you know, with the current system imploding. And who knows where we're going to go with that? I mean, you've got the Fed talking about raising rates in September. And the reason they're raising rates is because inflation is bad. Inflation is worse because of what we've done in the Middle East and the price of energy. The price of crude is driving that. So it's not like we expanded the money supply through quantitative easing and we're going to have to raise rates. No, the damage is being done from energy prices is causing them to have to raise rates. But that will also create the need for intervention. So again, it's this creative destruction or a controlled demolition of the financial system that will give rise to these off ramps and new systems that will enrich the very few.

7:18And again, it's not a pleasant thing. It's not something that's going to benefit the American people or the people of the world with these new stablecoin systems that they're going to do. But I think that is where it's headed. I agree. Yeah, they're going to profit off of this stuff like Larry Silverstein, profit it off of my. It's a lucky, you know, it is an inside job. It is a controlled demolition. And it's a lucky Silverstein and lucky look, make they made a lot off of that situation. But you know, the Wall Street Journal said, look at what Besson is doing. He said, they said he's a one man Federal Reserve. He's setting himself up to do this. And when you go back and look at his history, that's one of the other things that Leah was talking about in the Leo files. And again, it's her tying this stuff together. I agree with what she has to say. But she said, look at his history. And I've said this as well from very beginning, anybody that is connected to Soros. You typically have the alt stream media, the right, the people who cheer Trump would come

8:20out and say, oh, this guy is absolutely inaccessible, right? Acceptable. And yet they look the other way when it comes to Scott Besson. They don't care about his association with Soros. And what do you do with Soros? Well, they broke the Bank of England. He made like a billion dollars in one day doing that. And then he made over three billion dollars doing the same thing again against Japan. And so when we got this guy there, if you want somebody who is like taking somebody who has a long history of building demolitions and putting them in charge of security at the world trade center towers. And that's what we've got. We've got a guy who specializes in controlled demolitions of countries that have overextended themselves like we have. So he's got the right personnel in place for this. And I think we're going to see this expanding rapidly. And of course, you've talked many times, Tony, about how rapidly the money supply is growing. Well, there was a new article that came out yesterday from Meesys talking about money

9:22supply growth has accelerated in July to a 59 month high. As a matter of fact, they are rapidly growing the money supply rate. Shortly after becoming a new Fed chair, Kevin Worset, well, we're going to take care of inflation, except everybody looks at the interest rates. And nobody really pays much attention to the money supply growth. And what he is doing is as inflationary, if not more so than if he would take the interest rates down back down to zero, I think your over your growth in the money supply was 8.62%, Tony, up from June's year over your increase of 8.59%. Prior to that, the previous year to your growth of the money supply was 1.4%. So they're ramping this thing up rapidly. And as they point out, it's very strange to see this type of thing being done when you look at other economic indicators. When you look at the price of many things in the jobs, when you look at the regular inflation

10:25and the core inflation measures that they have, it's very unusual for them to ramp up money supply in this fashion. And they talk about the fact that there's a couple of different measures for it. One of them is the true money supply measure, the TMS, which came out with Mary Rothbard and Joe Solerno. But then, of course, a traditional one of M2 was actually outpacing even the true money supply, and both of them are up significantly. So the TMS money supply is up more than 226%. M2 has gone by more than 170% since 2009. And so what's going to happen with that? You know what I'm saying. Well, to me, the head fake, who's now head of the Federal Reserve, was supposed to come in lower rates. And he was expected to be dovish. And that was the sentiment because Trump, you know, he had even threatening Jerome Powell with an indictment for the cost overruns on the wing of the Federal Reserve.

11:31Like unprecedented criticism and pressure from the executive branch on the Fed. And that created Washington, Washington, Washington came in and said, Oh no, we're going to either hold rates or raise rates. And it's very confusing because then you see somebody like Scott Besant, who we're 10 billion now in long term bond buybacks, which is Guanatee de Veezing. So the Treasury is now getting in on this game and currency creation. Looking at Scott Besant, it reminded me of Fauci. You remember Fauci said, when you quit, when you quit as, when you criticize me, you're criticizing science and it's something that Fauci said, Well, this last week, Scott Besant came out and talked about not only intervention in Japan, but the long term bond buybacks. And he said, I am the house now. I don't know if you caught that. When you bet against the house, I am the house. So go ahead and do that if you want to. So that sort of egotism, I guess, fits right in. But it definitely is an inside job. And we're not privy to everything that really the mechanisms of the plan that is unfolding.

12:37But it's not what it seems. I mean, I don't even, if you look at the end game for what they would have to do in order to maintain interest rates or keep the money supply in a stasis and not expanding and not creating more inflation, it wrecks the entire economy. Because we're on a debt-based system now. And in currency creation and easy liquidity, the first people to be affected, the most would be just average everyday workers and small business people, which are going to get hit the hardest when they either continue to keep rates where they are or if they raise them, which is that's where the smart money is putting the bets on raising rates in this month. I don't, you know, again, David, I think there is a consensus among the elites that the American financial system is going to be reset and those who are in the know, we're going to get their golden parachutes. And those who are watching the old playbook, which I think is going to be very detrimental

13:41at this point because I don't think you can use history as your guide to what's going on in the past. We've discussed many times. You just don't have the maneuverability of like a Paul Volker, like in the 1970s and 80s to mess with interest rates or doing anything about the money supply from the Fed. So this is going to come from, I think, something looking like what Scott Besson is actually doing, which the treasure he's never done, which is buying its own bonds back, you know, and buying long and liquidating those, you know, indirect intervention. You mentioned to the financial D day, which is because of the war with Iran, which is I guess, I guess not a war, right? Which is so insulting. I, when people say, when you've been in an engine, people fighting, I heard people say that about Afghanistan. Oh, it's not really a war. I just got back from there. You could have fooled me. It's not a, not a war. But, you know, it's interesting. They got this financial D day. And I started watching like some of the trends that have happened six months ago with the

14:46Hong Kong gold exchanges and things that are going on, you know, not just the Shanghai gold exchange, but Hong Kong. I thought was really important. Get a hundred tons of Russian gold flow into Hong Kong and those storage facilities that they're building. China especially is the key here because if, if, if, if, if, if, if, if, if, if, decent, and the Trump administration, and a, create a financial D day and all these countries that trade are going to get sanctioned and gold is a sanctionable asset. What are you going to do about that golden Hong Kong? You know, what are you going to do about that, are you going to sanction the Chinese because they're dealing with countries that are dealing with Iran, I mean, give me a break. You're not going to be able to do anything. Well, nothing is too stupid for Trump to try, whether or he can actually pull it off, that's another question, but he might be stupid enough to try that. I mean, look at, look at ways no way to Canada, for example. I mean, it's insane. What are these doing? It is truly insane. I guess I had to read that article and the truth social post that he put out just before

15:47Labor Day and again, we're threatening other countries because of what the Federal Reserve may or may not do with interest rates. Threatening ourselves, it is, to unpack that logic is, you have to be, you have to speak clown. I think, I know we live in the clown world order now. Like I've gotten pretty good at doing this, but I have to filter to make sure, is this even real? Like are we that dumb? Like, really good. Look at the movie airplane, you know, where they got these two bikes. They go back and forth and stood as can understand them. And the old ladies stands up as the wind, and I speak drive. You got to be able to speak clown here, I guess. It's getting more and more difficult, David. I mean, you're trying, you know, trying to use, and I read a lot of books on economic history and, you know, history of gold and things, which always learned something, it's always fascinating. Monetary history is so closely tied to, you know, the philosophical and sociological history of mankind. So that's my wheelhouse. And it's interesting is we get closer and closer

16:48to this new economic world order and closer to the great reset. It gets blurry because you don't exactly know what is happening because it doesn't make any sense. I mean, you and I discussed over the last two years. We lost the petro dollar because of our inability to sign another deal or to, you know, get an agreement. We just let the agreement lapse with the Saudis that was in place for 50 years. And slowly, you know, and then suddenly, we've had all these countries stop using the dollar to to denominate the purchases of crude oil, which was the whole point of having a petro dollar post in the Nixon shock of, you know, 1971. We were supposed to have this linkage of energy and the dollar. And we just let it lapse. But now we're back in this region trying to create dollar supremacy. Is that what we're doing? I hang a question mark over because we're certainly hurting ourselves. It doesn't make it. There's not a lot of logic in it.

17:49So that's the plan. You got to understand it's about hurting ourselves. You know, it's just like our educational system is not about educating kids. It's about deliberately dumbing them down. These plans that Trump has out there are really about harming America, I believe it's part of a great reset. I and unfortunately, I agree with you in something that, I mean, you and I've been talking about this for years. It gets worse, progressively worse, each quarter, if each financial quarter, it looks less and less reasonable. There's less and less logic in it. And so the only thing you can point to is that there's a control demolition of the American financial system going on. Anybody could clearly see like what we could have done in the last two years where we could be economically, there was a lot of opportunities for growth. There was a lot of, I mean, we, again, it's the tragedy of all this is the stab in the back. It's the betrayal of everyday voters and people that are grassroots and people that put Donald Trump in office a second time, by the way, it's unprecedented.

18:52Like, a lot of history's happened. And unfortunately, it's happened, and it's been detrimental to the American experiment and to the American people and now to the world. So dangerous times, I think it's why the underlying wisdom in the financial sector right now is the debatement trade. And if you heard that term, it's called silver bitcoin. That's the debatement trade. It's just infinite printing of currency the ever-expanding worldwide debt, not just the 40 trillion, which is not counting the unfunded liabilities of the United States. So just 40 trillion, that you're looking at like $350, $360 trillion worldwide and it's expanding rapidly. It's reaching that critical mass stage where that's what the great reset is all about. So we're in an interesting time. So the debatement trade is what I study. And you don't have to be a genius to figure out

19:52that finite, limited resources that hold value are going to be infinite fake resources that are put into the system. I think in an expanding rate, the likes of which we've never seen before. I mean, that's the thesis of the big print from Larry LaParte, I think I've read his book. I think it's spot on. Eventually, regardless of rates or what the Fed's function, they want to keep inflation around 2%. Well, that's crazy. It's way out, pace that. We're so far removed from any sort of like sane fiscal policy. So they can talk about raising rates all they want. They can't, not really, not in any significant way. So there will come this intervention. And that's what I think is on the horizon. So regardless of the prices of gold and silver or Bitcoin or something, I don't even watch that mostly. Unless there's a, I mean, when there's a downturn,

20:52I think it's great because I buy more inventory because I think, you know, I'm not going to lose this, by the way, I'm not going to, five years from now, we're not going to look back and go, well, you know, we lost all that equity and gold. It's not, it's not going to happen. It's not like it is. I lost all that equity in the dollar. It's what we lost. That's exactly right. Yeah, it is, it is truly amazing. And when you look at your point out, it's the printing and the Austrian economists, and of course, that's what Mises is focused on here. They'll always tell you that inflation is always the money supply and the printing of it. And this is what they say about it. They say, you know, it takes a while for this stuff to show up. You know, it's like the tariffs, right? We all say the tariffs are going to be passed on. Well, they weren't passed on immediately, you know, the same day. It takes a while for it to work its way through the system. The same thing is true of this massive increase in the money supply. They point out they said the absence of monetary inflation, rising prices in some areas will require falling prices in other areas. And yeah, we're seeing massive right away,

21:54the increases, even though even the increases of the pump were delayed a bit because there was a lot of oil that was already in transit, that was already on the water being brought to places. It took a while to see that didn't go up exactly the same day. But it's that only in the presence of a growing monetary supply can there be a general increase in prices. And that is what we're seeing now. Even as energy prices are rising, thanks to Trump's wars and his trade barriers, we continue to see rising prices in most other areas as well, including food, real estate, even apparel. This is made possible by relentlessly rising money supply, this engineer by the Federal Reserve and of course by Scott Besent. And that is really the austere perspective of this. And when you look at everybody trading on the increase of the lowering of interest rates by a quarter percent or something like that, that is not a meaningful policy as you just point out. And they can't make any meaningful changes in terms of fighting inflation by raising the interest rates

22:57because the debt is too big, but the $40 trillion debt, she pointed out, they don't have the kind of flexibility at Paul Voker debt. So they can't really do anything like that because it shouldn't really affect anything when they talk about what they're going to do with interest rates, but it's just like they trade on Trump's pronouncements about his victories with Iran. It's all pure fantasy. And I think they know that. And I think they use those pronouncements, those headlines and olicky chains interest rate by a quarter percent one way or the other. They use that to manipulate the markets and to manipulate the people who participate in the markets. I think that's really the only significance of that stuff. I think so too. It's vulture capitalism, not venture capitalists. It's vulture capitalist and just making money or making currency, I don't know why we even call it money anymore. But they're just skimming the market through these insider deals that don't create anything. If you go back to the movie Wall Street in the 80s of Made Bollover Stone,

23:57there's a character called Gordon Gecko and Michael Douglas plays Gordon Gecko and Greed is good. He says something in that movie that if you follow the logic of the Wall Street types, he's like, I don't make anything. I own. I create nothing. I own. That's what he keeps saying. And I thought about that for years. Like you create nothing. And that's what this is. It's not a creation of anything. So while you're watching the headlines of what the Fed may do or a quarter interest rate, whatever it is, 25 basis points and all that insider stuff to skim the reactions. It's not about making anything. Meanwhile, what you should be looking at is, oh, the Netherlands is moving their gold out of the United States. Oh, the French are moving their gold out of the United States. Oh, again, Russia is putting 100 tons of gold in Hong Kong. Like, where's the wealth flowing? And where's the, because that's going to give you the snapshot on what happens tomorrow or for a year from now, which is really important. All this other stuff is short-term nothingness.

24:59It has nothing to do with production. And I think that's the sickness of where that's, you know, the other aspect of having a fiat currency. And we, and you can see the timeline, when we went off the gold standard, and you know this by better than anybody. When we went off the gold standard, we still had that remnants and muscle memory of creating some sort of fiscal stability. Like there was for a long time, people in Congress, the presidency, whenever there was a run for the office, there was always talking about fiscal responsibility. And doing something about the debt. When we reached about 2010, it, nobody talked about it anymore. Like there wasn't, after that last wave, where John Bainer was elected to the house, and there was a few things about Obamacare, and there's some budget back and forth, and there was the birth of the Tea Party. And then you just never heard anybody talk about, besides Thomas Massey or somebody, you know, like, it wasn't in the popular lexicon. It wasn't in our discourse.

26:00Yeah, we just do what we want, right? It's like Trump said about his personal corruption. He said, I was really very careful the first time that I realized nobody really cares. So it's just in your face corruption, grifting, and graft all the time from this guy. And it's just like, I like the term that you use muscle memory. It really is like that, isn't it? It's like, well, you know, we really can't do this. Can we, oh, well, why do you say we can't do it? Of course we can do whatever we want to. We can get away with it too. Yeah, it's something like, you know, akin to the French encyclopedist when they came out like they're in the enlightenment. And, you know, none of them would dare leave, you know, Christian values, but they didn't want to be Christian. You know, they, and they, I think it was Will Durant that wrote, they lived in a shadow over shadow. So we're like, we're in like a multifaceted shadow of our, you know, our ancestors and people that built the United States as the manufacturing marvel of mankind, this financial powerhouse. And we don't even talk about fiscal responsibility anymore.

27:02And we don't talk about the deficits. We don't talk about the consequences of that because it's too hard. It's the exactitude, you know, you have to, then you have to be rational. I'm totally agree. Talk about math. We got to take a quick break here at the top of the hour. We're going to come back and we come back, Tony. I want to talk a little bit about what's going on in states like Missouri and Texas in terms of making moves toward gold and silver as legal tender. Because I think that's a very important issue. And it underscores what you've been saying. We'll be right back folks. All right, welcome back. And we have Tony Ardban of Wise Wolf Gold with us. And of course, you can get to Tony through David Knight to that gold. We've got some questions here for Tony. Hatch Car 61 says a question for Tony or rather his comment on the recent bill passed in Missouri, making gold and silver legal tender. I've heard there's lots of other good provisions in it as well. What do you know about that, Tony? What do you think about that? Well, I've been paying attention to that and what's happened in Texas. And of course, it was set to go into law, I think in the last couple of weeks. And so I think both these are very positive moves,

28:04especially I think Texas too, because they've made it to where businesses can accept gold. And so you don't have to, but gold and silver are legal tender. I believe the Missouri bill is very similar. And I think this is so positive. Just going back to a system where you recognize that gold and silver are money legally in the legal system. I think sets a lot of precedents that are all positive. From a standpoint of my own business, I've worked out how could I help people? And especially if you're a small business, I'm thinking, well, if you want to take gold and silver's payment, you're going to have to figure out how to verify it. That's the one thing about gold and silver being in this business for as long as I've been in it. I realize there's a lot of great fake gold and silver coins that come out of places like China. There's some stuff that'll fool the tester because it has enough actual metal on it, not to draw a magnet into past inspection. So I've had to be really careful over the years.

29:06And we've been, I think goodness, and we've been very successful at keeping the fake out of the system. So I think that will be a little bit of a drawback having it's your small business if you're operating in that sphere and you want to take gold and silver's payment. You probably will need a third party verification source if you're not skilled in it. Like I would be like, I can tell if I know I've been in this so long, David, and I just my life. So if you hand me a coin, you generally know if it's real, if you put it in my hand. Sometimes I can, as I have people come in and they'll put stuff on the counter and I'll just look at it and go, oh, that's not real. I'm so sorry. And they're like, oh, it's not, you know, a lot of the, it's the markings of the texture and I don't know, just the way that the, the, the, the fakes look but they've got some really good fakes now. So I think all that's positive setting precedence, getting that into the, the minds of everyday people that, that's the key, I think. Yeah. Yeah. You don't have to ride the fiat train. You know, we've gone a long way. Haven't we from the situation where it's like,

30:07it's taxed as a, like, like as jewelry or collectible or something like that, then they started changing that. And now we have states they're enacting legal tender laws. That was what Senator Nicolay is trying to do here in Tennessee. And, you know, unfortunately, I don't know what, what the status is of that anymore now that he's gone. But that is, there are a lot of different states that are working on that. But we've seen that right there in your backyard and in Texas and in Missouri. And like you said, I think that's a positive thing. If people realize that, you know, gold has value and it can be used for these transactions and people start to work out the nuts and bolts of it. And of course, you offer the, the gold backs, which is an excellent way if you're a small independent merchant. You can look up at the app that they've got there. You can see exactly what that is worth based on the current price and dollars of gold. So if you want to try to bridge that gold to Fiat system there, you've got that app that'll give you what that current Fiat value,

31:08Fiat dollar value of the actual gold thing that you're holding in your hand, which is like a physical piece of paper, but it's much more than just a physical piece of paper. It's got a certain amount of gold embedded into it. I love gold backs. I think that's that's one of those items that come along in the last five, six years that is more and more used by people, which I think is very positive. We carry him. I sell a lot of gold backs. I got on gold backs right now. I think he's sent a rep down to talk about who is this guy? Did that put a gold backs into the wolf back? You know, we've got, you know, that's where I got him. I remember it was a wolf back. Yeah. Yeah, we love gold back. Great company. And I think in five years, there will have even more businesses and individuals taking them because it makes a stable physical currency. You can just go by their metrics. It's very easy to verify them. It'd be hard to fake them. The way that they feel, there's a certain elasticity to gold

32:08the way you can spread that's why you go to such a special element. And that's one of the reason you can make it thin. You can make it into those actual notes. You have a certain amount of multiple gold. You can even eat it. You can eat it. Yeah, actually a lot of people think there's a health benefits to it. I haven't, I haven't consumed it. I don't know about that. I saw the deconent's benefit of it. I remember years and years ago, there was some French restaurant and they would put this real thin layer of gold in the top of like this chocolate cake thing that they had. And people were eating and thought, what in the world? I guess that's when you, when you're so ridiculously wealthy, you know, you do that type of thing. That's what Trump and Lutnik do. I don't know. Well, people have thought that there's health benefits to it. And they perhaps are right. I think colloidal silver is another aspect of using metals for health. And we saw that especially during, during COVID-1984. So I think all that stuff is positive for, you know, the states.

33:09And it's interesting. You mentioned the timeline. I mean, you go back to 2019. Nobody was talking about this. I mean, the reason that I put a shop in Missouri instead of our, I have land in Arkansas as I put it across the border in, in Branson, because Missouri didn't have a sales tax on gold or silver bouillon, but Arkansas did. And of course, you couldn't, I mean, nobody's going to open a gold and silver shop that just might as the paid, you know, sales tax on a $2,000 item is not going to happen. So there was no gold and silver shop. But Arkansas repealed that. And then they're working on gold and silver as legal tender as well. So what a lot of things have accelerated on the timeline. I think mainly because of what happened in 2020 and the debatement. I mean, you talk about metrics. We used to talk about this, but nobody says it anymore. But 80% of all the dollars ever created were created in 2020 to like 2022. So it's like in the couple of years, we made more dollars than it ever been made. And it's going to record him out now, you know?

34:09Your growth is just under 10%. It's crazy what's happening. Even after that. It is. So yeah, it's, it's, I think that's what's giving rise to it. We're at the beginning of something. And I think it's positive that a lot of this stuff is happening. Even in our strangely controlled, you know, political system of the duopoly of the right left. And, you know, we know what they agree on. They love, they love the national security state. They love their surveillance state. They love, you know, both parties and they love endless wars and all the rest of that. And, and the entitlement systems, they need to want to do anything to downgrade that. But sometimes you get a win. So hey, I'll take, you know, Missouri gave us legal tender golden silver. And Texas, and because there are a few that will benefit from this, you know, and it's fine. You know, I don't mind if somebody benefits for freedom, you know, that's fine. If somebody, if there's going to be large institutions that benefit from, you know, the passage

35:12of what the Fiat system was and whatever it's going to become to back to a metallic system, which I think that will be, it'll do more for freedom and liberty. People going back to using gold and silver than almost any political decisions we could have made in the last 50 years. I agree. Garden Goldsmith, the Liberty Conspiracy's got a comment here, Tony. He says, the Texas move is a little bit slippery because the gold and silver have to be deposited in the state's repository. Then the state issues, digital cards to you. So the government can manipulate the value and hide the amount in storage. Yeah, that's an aspect of it too that I've talked about. And, you know, there was a time not too long ago. Last couple of years where Texas tried to create their own gold digital currency. And that failed, but then it's gone to the depository system. So guards absolutely right. Something to I would never do that. What they're talking about is, you know, you deposit with the state and then the state

36:15will, you know, you have an open account and you can use a debit card against that. It's not something that I want to entertain for myself or my customers or, you know, I don't like the state getting involved in monetary issues or holding or anything like that. I do think that the aspect of using it as legal tender and there are some provisions in there that it's not all gold and silver. They don't recognize like a foreign coins. That's something that's interesting. They do recognize just generics though, which I thought was, I didn't understand that, but they do recognize like just a private minted silver rounds, but not like an Austrian and Philharmonic, which I thought was interesting. No, I've already right though. And it's something that, you know, there always is again, that's the, the somebody's going to benefit. It's not just like for the people, you know, that this is not, it's not the reason we get these deals. Well, so got Hatchcar 61 says that the Missouri Bill makes it illegal for the state to help

37:15the feds in confiscating any precious metal. So that's a big plus there. And they understand, I think, what if that's it coming from? We hope we hope doesn't repeat itself, but they confiscate everything they can get their hands on. But you have to think like this, you couldn't do 1933 again. I mean, this was a different country. And the American people were in some ways a lot smarter in 1933, a lot more, I think, well, read and versed in history. Satter, but wiser. Yes. They were, they were wiser in so many ways, but there was a loyalty to the, to the, to the governance and the way that the system worked and, you just don't, and a trust, right? There was a trust. No, I don't, I don't think that if you, if there was an edict today, something like a Ken to Franklin Roosevelt's executive order in 1933, I think people, there'd be some, but they'd be the bulk of them would just say, yeah, whatever, you know, I don't think

38:18it would, I don't think it would happen that way. And I don't see it happening that way. Because then the government would have to recognize that gold is a superior money. And they're just not going to do that in this system. That's right. And then of course, the experience of the Warren drugs, how is that drug confiscation working out for you? Oh, yeah. You talk about price like on the world market, if the United States did that, especially with everything that we've done to weaponize the dollar. I mean, it was the, the series of events, which not work out like they did in 30, 30, 33, not at all. That's right. Got another comment here. This is from DG 80 said, David, Tony brings up a valid point to see, think we should only buy eagles and maple leaves or are rounds still a good thing to use as currency. I like all of them. You know, you pay a little bit more for eagles on the premiums. If you just, if your goal is to like almost never sell them to buy eagles, you know, I, I buy a lot of Canadian stuff.

39:19Who is North American? You know, I buy a lot of Canadian products, especially for IRAs. I think they're the long term holdings and things that are good for just paying less premium holding long term, but anything is good. I mean, if you can get verifiable silver or gold, you know, something from a recognizable place, you know, look at what the spot price is and get a good deal. I mean, I don't, I don't differentiate and don't discriminate between, you know, gold and silver bullion 99% of the time. And that's just me. I have a ton of different holdings. So depends on what you like. Good advice. Yeah. We'll close on this one, I guess. Gold at 15,000. This is a kick-cord. I call it a major. You saw, is that a fantasy, a forecast or a warning and they point out, you know, if you want to look at the dollar price of gold, you should start not with gold, but you should look at the dollar, you know, because what we're talking about is you mentioned so many times, it's not that gold is changing value. It's that the dollar changes value and we can see that in terms of experiments that people

40:23have looked at going back a century. You know, how much did it cost to buy this, this, and this and then go to Europe and so forth, the same amount of gold approximately. And you can look at so many different items and you can see that gold retains its value. But as he says, you know, what would it really take to get to 15,000 dollars? He said, well, it's really not that much if you start to think about something over a period of three to five years or something. So, across 10 years, it have to actually go up about 13%. He says, and you think about what's happened with gold in terms of reaction to the current situation that's there, that's not much of a stretch is it? No, it's not. I mean, there's two things happening at once. If you look at the, what you got to do is look at the market cap of gold. Okay, it's like three trillion or something like that. It's it's compared to the world financial market, which is hundreds of trillions. It doesn't make any sense that the actual money is such a small number in Bitcoin.

41:24I think it's a one point to trillion or something like that. Silver's, of course, that was always the argument for Bitcoin as well. We're going to have a finite supply of it. And so that is why the value is going to increase relative to the dollar, which is constantly making more of that, growing it right now at about a 10% rate. So that's not happening with any of these alternatives. And I think Bitcoin helped to kind of drive that understanding home to the general public. And but gold is the real deal, I think. Well, you're right. I mean, I don't know where the dollar amount is going to go, denominating in the price. On a long enough timeline, what is it? The gold has no top, because Fiat has no bottom. I mean, that's where we are. You're really trying to measure something that has intrinsic value and historical about thousands of years of understanding embedded in human understanding and history versus what happened

42:25in 1971 and what's happened since. So I'm going to bet on history. I'm going to bet on thousands of years of gold being money against something that is just recently in the spectrum of time in the last 50 plus years, dominated the world's financial system and is clearly wrecking itself. I mean, we weaponized the dollar and it's been detrimental to us more than anybody else and the new systems that are being built. That's what I focus on. And by the way, all these other countries that have a massive incentive for gold to go up, because they need to re-value all of their currencies. That's right. All of that. So it's not just the US. So long-term, who knows. I've heard some crazy price predictions and it may be if there was no Bitcoin or other alternatives that gold, I'm sure, would be even higher right now. And there's a lot of fake out there. There's a lot of things that we talk about the Vulture capitalism and just trading on things

43:27that are short-term. Very myopic and very short-term here in the West. Whereas the East, and you can see what they're building that infrastructure, whether it's Belt and Road or whether it's the new way to trade metals in the monetary system. It's all Eastward. It's not happening here unfortunately. Yeah, we just don't build anything anymore. I mean, we don't, you know, a Hoover Dam or something like that. And we don't even do that with our institutions, our structures either. Well, tell us a bit about what's happening at Wise Wolf. You know, are you building anything there right now? You know, it's funny every week, I think I'm going to have like a new promotion and then the week's pass and then I'm just maintaining right now. Yeah, I think that's the wisest thing to do at Wise Wolf right now and just see what tomorrow brings. We have a great customer base with Wolf Pack and so many of your listeners and we're, I mean, it's one of the great privileges of what I get to do is pick out all the stuff that I put in these packages and we ship them out of our branch and location. And you know, we got thousands of people that just love it, you know, so like we've had

44:31thousands of five star reviews and I really appreciate it. So it's, I'm going to keep that rolling as long as I can and we've kept the supply chains open and we've got our physical locations and I don't know, I'm right now. I'm just kind of buffering. Let's see what's next. I haven't launched any new projects, but I think of, you know, the next couple three weeks or times that I see you will have something new on promotions, but you can always go to David Knight dot golden promo code David or promo code 1776. You can get you some free constitutional silver. That's great. And again, I think Wolf Pack is one of the most innovative things I've seen out there. And it is a great thing. It's a win-win situation. You get the buyer group discount and you also have a way to gradually save over a period of time. The Common Man.

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