Tony Arterburn, DavidKnight.gold,
Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silver
Find out more about the show and where you can watch it at TheDavidKnightShow.com
If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show
Or you can send a donation through
Mail: David Knight POB 994 Kodak, TN 37764
Zelle: @DavidKnightShow@protonmail.com
Cash App at: $davidknightshow
BTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7
For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHT
Tony Arterburn, DavidKnight.gold,
Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silver
Find out more about the show and where you can watch it at TheDavidKnightShow.com
If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show
Or you can send a donation through
Mail: David Knight POB 994 Kodak, TN 37764
Zelle: @DavidKnightShow@protonmail.com
Cash App at: $davidknightshow
BTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7
For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHT
All right, and joining us now is Tony Ardabon of Wise Wolf, Gold and Silver, and Tony has set up DavidNight Gold. To take you there and let him know that you're coming through me. We've had Tony as a friend and a contributor and a supporter for a very, very long time. It's always a pleasure to have Tony on. Thanks for joining us, Tony.
Speaker 2:Thanks for having me back, David. It's always good to see you.
Speaker 1:Well, it's been kind of interesting, isn't it? Well, tony knew this was going to happen. It's no surprise election year where they've got the rationale for it or not, they don't care, they will create a rationale. And so now they started talking about doing some Fed interest rate cuts and this having the anticipated effect, isn't it?
Speaker 2:Well, they're counting on the memory of the American people being very short, as it usually is. Gord Middall said we were the United States of Amnesia. I go back to two years ago. They were talking about oh, this inflation is transitory yeah, I use the transitory and now they've gone so far as to say we're at the terminal rate. I like that phrase, theology a lot better. But they didn't move interest rates. But they're hinting and they are going to you and I both know this are going to lower interest rates. It looks like somewhere around three times this year. But if you look a little further down the road, in 2025, they're going to happen. They'll have to raise interest rates again because inflation is going to go completely out of control.
Speaker 2:The headlines across everything that I look at when I monitor precious metals is that gold hit its all time high, which I think is something that's inevitable. It's not even surprising anymore, but what it should have said is that the dollar hit its all time low. I think we need to start looking at it that way. The dollar is continuing to hit another all time low and commodities and precious metals, the prices, are being reset globally. That's the big story here. That's the takeaway, but I think we're watching these interest rates. It's a sideshow, david. The interest rates are going to get lowered. We're going to have a fake economy, going into a fake election with fake politicians, just like we always do. Except the consequences, I think, with the dollar losing the world's reserve currency status. I think these are the much more dire consequences than we've had in the past.
Speaker 1:I guess it's kind of like the old thing is the glass half empty or half full? I guess it depends on whether you're measuring the water or the air. The dollar would be equivalent to measuring the air. Gold would be equivalent to the water, the actual stuff, that's right.
Speaker 2:It's like the Matrix with the little boy and the spoon bender. Is that what you have to remember? There is no spoon. It's kind of like there is no currency here. It's your imagination.
Speaker 1:Oh man, I'll tell you. So just the rumor of what we're going to have an interest rate cut, maybe coming up this summer, maybe three months from now, maybe in June or whatever Just the rumor of that Sent the stock market up, Sent gold up, Sent crypto up. What it did was, as you point out, it sent the dollar down. More so than thinking it Well, everything went up except for the dollar. What it did was when they said, well, we're going to devalue the dollar by doing this, we all knew they were going to do it for the election. They're demanding that this be done. We've got Elizabeth Warren, as well as Bernie Sanders, those two economic experts, sending a demand letter with 19 Democrats from Congress telling them you better lower the interest rates. They give every reason they can think of and none of them valid, except for the fact that it's an election year. That's the key thing, isn't it?
Speaker 2:Well, I liked your analysis this morning at the beginning of the show, when you were talking about this writing unlimited checks. Yeah, there's no fiscal responsibility left. That's not in any of the vernacular coming out of Washington DC or the political parties. I'm not talking about that at all. It used to be a big issue. That's right and, as you notice, that's the dog it does, and nobody talks about it anymore. And so I think we're watching this death of a currency, the looting of the treasury. All bets are off. That's what we're watching and you're exactly right. The only thing that rains in this out of control federal government, the out of control the Wall Street criminals, the only thing that rains them in is the loss of the world's reserve currency status of the dollar, this money velocity. You can just go and continue to print without consequence, but the consequences are real, they affect real people in real time and I think again, fake money, real consequences, and that's what we're watching play out of.
Speaker 1:Oh, absolutely, and that's one of the reasons why you've got Russia and China moving with bricks and everything, because they understand that's our superpower. Our superpower is to be able to create money out of thin air. That's what real American exceptionalism is about. We've got a couple of questions here on Rockfin. Gordon Shumway says gold is going to go to 3,000, silver to 90. When is the bubble going to burst?
Speaker 2:Well, I go back to 2020. That's a good question for gold bugs and silver bugs like me. I've been paying attention to this for years and years and again, it's something that cannot go on. Forever will stop. That's Herbert Stein's law Never underestimate how willing the powers that be are to devalue currency and to create new currency supply. We have a trillion new dollars in debt every 90 days Now. It took us from 1776 to 1980 to go a trillion dollars in debt for the United States of America. Now it's every 90 days. So everything is accelerating.
Speaker 2:To make a call on when silver is going to break its all time high, you know again, 50, $52.50 in 1980 for silver. It did it. It did it close to that again in 2011. Gold came close to 2000 or broke 2000 in 2011. And again Ben Bernanke came along and said oh well, calm everybody down and said we won't. We won't do the tarp funds again and the bailouts and the too big to fail. Don't worry about that. We're going to have a lot more fiscal responsibility and all that is going to tone everything down. And precious metals fell, yeah, and they fell for a while. And then again, 2020, gold breaks its all time high.
Speaker 2:I was hosting your show down in Austin when it did on August, I believe August 6, 2020. But again, the ride from there has been strange because of all of this intervention. And this is a very powerful entity and you've had, you know, I've had Stuart Angward on, who wrote the book rigged about the gold and silver markets, about how the bullion banks, the giant ones, work with the central bank, because in the West fiat currency not just the dollar the fiat currencies that war with gold, so they don't they have a vested interest in the price not going up. Just like I said earlier, it's the gold's, not it's all time high, the dollars, it's all time low. It's an inversion of how you should look at it, and so I don't know when these things are going to kick off, but I do know Citibank, going back to 2020, I've been, I have a memory, I go back. I remember all these projections, even like major banks were saying $3,000 gold easy within the next year. That was 2020. That didn't happen. So I think we have a lot of delayed reactions.
Speaker 2:The best thing you can do right now is because supply is not as strong as you may think and this is some cut. Take it from somebody who's trying to source and supply. You know I've got close to 800 members right now for Wolfpack, so that's automatic. Every month we have 800 people that are doing the bulk buy ins together. So I have to project two or three weeks out it's not as strong as you may think and one or two whales in the silver market there being almost no supply, and that's how close we are to a revaluation here. So I would just you know if you're accumulating your stack and keep doing that, if you can keep from selling, keep from selling. If you don't have to sell, don't sell. Of course, if you're going to sell, sell to me. I need supply. If you don't have to sell, don't sell, because I think these prices are going to change and again is it going to go up? Well, I know that it's going to go up technically and this is an investment advice because the dollar is going to go down.
Speaker 1:Yeah, especially if you look at just the reaction, the rumor, you know it gets everything, you know crypto, stock market, gold and everything. When they actually start to do it. And I know they say you know, you know, look at the buy it on the rumor and sell it on when it actually happens. But it's going to happen multiple times and I think you know what you point out it's going to be probably three times. That's what the rumors are now. That's going to. It'll happen more than once and so there'll still be, there'll still be going up with that.
Speaker 2:It wouldn't surprise me either, david, if, if gold fell below, way below 2000. And the reason being is because, if you look at history, look at what happened in the first quarter of 2020, when you had the highest stock market since 1929 and the lowest it was in the same week. You know this huge dip and gold went to like $1,100 an ounce or something like that. No one could find it for that but and say it's the same thing Silver went to some crazy number like $13 an ounce or $12 an ounce. I just looked up and when you and I did my first interview with you, gold was at $1425 an ounce. I looked that up this morning. That's how. We're far away from that. Yeah, you know.
Speaker 2:But again, can it come back down in short periods? Sure, it can't cause. It can follow the markets and you got to understand how much paper gold there is. That's right. We don't really to understand that cause you and I don't think like we don't think like we're in best lords, but there's a huge amount of that where it's just not real and so that that follows the market. There's a lot of those trades that go on.
Speaker 2:But you know, it's interesting something happening at the same time gold is contesting another all time high or the dollar is all time low. But this, you know this huge phenomenon with Bitcoin and there was billions and billions being taken out of the gold that are flowing out of gold ETFs at least hundreds of millions and it's going into the Bitcoin ETFs and supposedly that all these analysts were saying that the gold price was going to go down. It's not going down because the central it's, it's, it's too big. You're talking about a massive shift away from a currency and I don't think these analysts, I don't think they fully appreciate the the historical gravity of what's happened.
Speaker 1:Yeah, and that's the thing that makes me really antsy about all that is the ETFs. You know, because of what I know about paper gold and paper silver and how they can use that to manipulate things, because of what I saw with the real estate derivatives and all the rest of the stuff, when they start creating these ETF things, you know it just, to me it looks like NFTs. So it's like is this thing for real, or or or they just using this as a tool to manipulate? And that's another question we've got here. This is from Michelle Obama. Thank you for the tip.
Speaker 1:Can you ask Tony about BlackRock's tokenization of all assets? And, of course, they've just given an Ethereum backed digital equity fund $100 million. Again, you know, even you know, along with BlackRock and creating these, these digital assets and tokenization stuff. You've got Ethereum, which there's a lot of talk, and it has been talked for a while that maybe you know when they introduce CBDC, they might do it. If they do it really quickly, they could piggyback it on top of Ethereum. That really seems to be the inside track. Everybody in the public likes Bitcoin, but the system seems to be shifting people towards Ethereum. I don't know enough about the crypto, but what do you think, tony? What's going on with BlackRock?
Speaker 2:Yeah, I read that yesterday. It's very troublesome, and I've been asking this same question since the launch of these ETFs and Larry Fink from BlackRock praising Bitcoin, talking about digital gold and stores of value, and I just start looking around and says anybody else noticing this? You have this, the Bankster at least the face of one that you can see talking about how there's validity in cryptocurrency. Now I guess, color me skeptical. I don't believe these people. I don't think that they're intent because you know Larry Fink has also said about changing behavior of people using, using, you know, esg to do that and of course, they're also major buyers of residential real estate in the United States. You got to ask yourself why that is as well to change behavior. Right, this is what this is, what banksters do you go back to? The funding of the Bolshevik Revolution or the Revolution in China and with Mao in 1949 is backed by the world's richest people. So I'm skeptical. I don't like it when, again, something that's the crypto market didn't need your intervention, intervention. As a matter of fact, the, the whole purpose of crypto was to move away from a dying system that's corrupt and that is not free market, and there's a lot of problems with the crypto market with the meme coins and everything else. And I agree with you on with Ethereum.
Speaker 2:I think that Bitcoin is different because Bitcoin has no company. Nobody knows who Satoshi Nakamoto was or if it's a person or a group of people. Nobody really knows and it's an open question. But it has no centralized company, no country where all these other, every other crypto, like it or not, traces back to someone, because it's open source. You know there's an, there's a initial coin offering, you know who it is. So Bitcoin is different in that way. And, again, you can still be skeptical, but there's something with that. Yeah, they're not going to run the CBDC off the back of Bitcoin. Yeah, I don't, I don't see that happening. But it would be one of these other coins.
Speaker 2:And you know, I remember you know Ethereum. It was trading. It was 10, it's 10 times what it was when I started trading it. You know, when I was, I used to to sometimes offer Ethereum. I've pretty much gone down to just Bitcoin for right now, just trying to see what happens in this market when I, if I do any kind of trades through the shop.
Speaker 2:But yeah, you'd be very skeptical of that. I I whenever BlackRock or Vanguard or any of these majors are touching cryptocurrency and trying to drag it into the old system. I think it's a red flag and I don't. You know even Max Kaiser. You know he's talking about how the people that buy the ETFs are going to lose out. You know you should. If you're going to own Bitcoin, go get it yourself. Yeah, if it's not, you know your keys are important. You know it's just like physical gold. You know if you're going to buy gold ETFs, all you're buying really is a stake in a spot price. You're not really actually buying gold. You should always think about the counterparty risk to anything, whether it's crypto or gold. That's right.
Speaker 1:And whenever you see these again, these derivatives or the ETFs or the involvement of companies like BlackRock and JP Morgan, who are always poo-pooing you know cryptocurrencies when you see that happening you know they it's kind of like the old thing. They got to get behind you before they can stab you in the back. When these big companies start to buy into something, it's like oh good, now they're they're an investor like me. No, they're getting into it so that they can manipulate this thing, because if they can manipulate it and crash it, they've still got lots more money they can put in and ride this thing up. That's the whole point. They don't want things going going horizontal. They want them. They want a roller coaster ride right, dip and then straight up with a ride and all the rest of the stuff. And so to me, that's a big, big warning. When you've got big institutions coming in and you've got derivative instruments that they're inventing and all of a sudden creating for the first time. But that's a. To me that's a real scary thing.
Speaker 1:We got another question for you. This is off of Rumble. Atomic Dog, says David. In four years, almost to the day, gold is now up 33.2%, 25% last three, 14% the last two years. I would accept that as real inflation that we have seen over the last four years. Would Tony agree Absolutely?
Speaker 2:Yeah, yeah, I think that's more into watch commodities, even though they're manipulated. And I and I think that's probably just the tip of the iceberg if you really follow the amount of currency creation, the actual expansion of the money supply, the inflation is much worse. And it's and you find it in food and other things, because a lot of these other products that we talked about this before, they're saying, oh well, those prices are stabilizing or they've gone down. That's because there's no demand. You're talking about luxury items or or electronics and things that people can do without or they can use an older model. But the real inflation is in the grocery store. Yeah, that's where you go find the real, the real cost of what they've done in the last five years. That's right, yeah, and when you look at it again, you know, whenever you're in a market, you know you're in a market, you're in a market, you know you're in a market, you're in a market.
Speaker 1:Yeah, and when you look at it again, you know whenever you look at a trend line with something, you're going to see the stuff jumping all around and then they draw the line through it because there's a lot of noise that's there and that's this kind of day to day variation or month to month variation. But over a period of time. You can see that and you and I have talked about this for the longest time how, over a century or longer, you can see that. You know, the value of gold stays there, along with the value of other things that you buy with a custom suit or travel or things like that. Some of those have been helped by efficiencies of manufacturing or other things like that, but for the most part it stays there, not so with these fiat currencies. So that's a key thing, you know.
Speaker 1:One of the things that we're seeing also is the fact that Liz Warren and others, always, always Liz Warren. She's always present presenting herself as a champion of a little guy when she's really for big government and big banks. Now they're talking about a wealth tax. I don't know if you saw this or not, but it'll only apply to the ultra rich. So you and I don't have to worry about this. Right, right, right, but it just like the income tax you know that only applied to the ultra, ultra rich and it was a very small tax initially for the ultra, ultra rich, but we know what happened to that. Now they're pushing this out there to confiscate money, and the other part of it is they know that's going to drive people out of the country, so then they have to, on the back end of it, put a big penalty for anybody that leaves the country. This is another sign of desperation and the fact that they're never going to leave people alone, isn't it?
Speaker 2:Well, it's again go back to 1913. You go back to the 16th Amendment. This was brought to you by the world's richest people. They indemnified themselves, they built their foundations and then they said oh no, no, no, this is just for the ultra rich, it's just, it's just for the top. Well, it wasn't. It's supposed to trickle down and it's supposed to affect all of their competition. Elizabeth Warren is a stooge For international banking. That's what she is. I mean that she's not whether.
Speaker 2:Where's the grassroots enthusiasm For Elizabeth Warren? I remember when she this was back in the 2019 at the primary and she was running and I was having my radio show Went in. I said I think she's got the it factor, though, you know, like the clown, it like in the sewer, I think she's definitely got the it factors. That's when she had the commercial streets Like I'm gonna go get a beer out of the refrigerator. And you think, if this person is this animatronics, is she escaped from Chuck E cheese? There's something wrong with her. And she's always, you know, portraying herself as well Other than other than being, you know, Pocahontas and all the rest of that to portraying herself for the is the little guy. You know, I'm for the little guy. I'm sticking up for the working class and the teachers and all that. And you look at how adamant she is about.
Speaker 1:I mean boys, you have the true hatred of crypto and pushing all its other stuff. You know that she's there for the big banks. You know she's aligned with them and her interest precisely, and yet continuing to tell people oh, I'm there for the little guys that the consumer and I always get the word order out. But this consumer financial protection board that she she created. What they did was I drove a lot of small, medium-sized banks out of business. It didn't protect any consumers at all. It just drove small, medium-sized banks out of business that were the competitors of her bosses.
Speaker 2:Always the goal. Yeah, she is a mouthpiece for international banking and multinational Corporations, period. That's all she is. And all these this is like they're speaking through her. You know, those who oppose the free market of crypto. It always is the high-gainly and dialectic to David, you know, it's like oh well, we need to regulate these well, well, well, well, we need to do is we create an ETF and we'll let the black rock regulated, we'll let the you know, the majors and the banks will regulate, crit will go through them, so that it's a poison pill, you know, any kind. That's the way they do it. Well, it's either gonna outlaw it or we'll make it go through this system, and that's again. So it's so transparent.
Speaker 2:If you're looking, if you're looking at history, to know whether these people Actually are and you know, I I'd like to I wonder how that's the staffer that she had that came out and was. It was all for the Bitcoin ETFs that. You see, I don't know if you remember that Somebody got it in, hector or staffer, maybe on their way out. I hope they're okay. I don't know where I did some flowers somewhere or whatever happened to that staffer, but somebody came out on her Twitter and was endorsing Bitcoin.
Speaker 1:Well, you know, when you look at this and the origins of this and you compare it to the beginning and the origin of the income tax and the rates that were there, that was like, I think, a 1% tax and you had to be like a you know, I forget the level, but it was, you know, like a multi-billionaire. Today she's starting out at something that's even higher than that to begin with, and we all know that it's going to migrate, as the income tax did, to the middle class. But they're starting out with a 2% tax on anybody that's got a net worth between 50 million and a billion. If you're over a billion, it goes to 3% and they put this in and they sell it to people based on people's envy. It's like, oh yeah, why I'm nowhere close to 50 million. So I, you know, yeah, those people should pay their fair share, and so forth and so on, knowing that these people have an army of accountants and they're not gonna pay any taxes, no matter what Elizabeth Warren does, they're gonna find some way out of it, or they'll buy some politicians to put a couple loopholes in specifically, and they'll jump through those loopholes. But the thing that concerns me, that just doesn't have any attention anymore from the Republicans is this army of IRS agents. In fact, they're gonna make this thing not even five times bigger. You know you had Kevin McCarthy say well, let's not make it nine times Bigger, let's only make it five times bigger. Whatever, I'm sorry, seven times bigger, let's make it five times bigger. And now you got Johnson, who's back up to making it as big as Biden and Pelosi wanted it in the first place up to seven times bigger.
Speaker 1:Nobody is talking about that and and that, along with their Continual push to say that they want to, that one of their key duties is to have CBDC. That's the stuff that really concerns me, this digitization, and so you know we've talked about the value and the imploding value, I think, the value of the dollar that will implode. But the thing that concerns me even more than that is Having something that is going to be private. There's gonna be physical, as a Catherine Austin Fitz points out, having financial, private financial transactions, and that's the thing that makes me want to get out of digital and get into physical.
Speaker 1:That's the key thing that I'm looking for JP Morgan visa joining Mastercard and so many others talking about how they're going to biometric scanning, facial recognition, contactless payment. They want to start with grocery stores. They want to start with Entertainment venues. That's what they focused on those two and I thought, yeah, bread and circuses, that's what I want to get everybody. You're gonna have to have a digital currency and biometric ID in order to get bread or circuses. They want to use those choke points on people.
Speaker 2:Oh, the only thing new under the Sun is the history you don't know. That's right, that took hold. Harry Truman, and you know, thinking about Shakespeare, is that when troubles come, they, not they don't come in single spies, but in battalions, and these are All these things that are coming down the CBD. See, yeah, again.
Speaker 1:Battalions of IRS 7000 ira. Was that battalions of?
Speaker 2:IRS, yeah, but battalions over the 87,000 IRS agents. The new regulations are getting having to use your biometrics and this is, they're creating a Trap for all of us. Anybody who remembers what it was like to live in and and what a semblance at least I Consciously accepted it as a free country. I don't know what I'm in anymore. I'm in some sort of economy sector in the new world order. That's what I feel like. Yeah, no longer, no longer in. And what I feel like was you know, my beloved Republic that I that I love so much, yes, and I think this is what we're having to endure is it's multi-pronged, but at the same time, again, we're not trying to fix that old system, we're just building new ones. That's the you know, our buck. Mr Fuller talked about that and I, you know he's long since died, in the early 80s, but he was a futurist and a genius and you talked about having you know it. Would you see something? The old system don't try to to go to, go yell at it or try to prop it back up or whatever. Fix it from the inside. Just build a new thing and that, and I think there's a lot of innovation, there's good things going on at the same time. But we need to be aware of the problems, like we're we Definitely you and I talk about them every week. We definitely know they're coming and we're we were way ahead of Even mainstream or even you know the have conservatives now I'm gonna do the conservatives.
Speaker 2:You have people talking about CBDC, but I don't think they fully grasp where it's coming from. You know both, both major candidates in the race Going into 2024. We know their history with CBDC. Whether it's Trump, with your Krishna, or Biden, and again I these are, they have the same donors. They have the same plans. It may come in different forms, but CBDC is coming.
Speaker 2:So I think, just knowing that you talk about it being outside of the system, whether it's, you know, physical gold and silver. You know having that in your hand. You know having an ability to access physical metals, like you know, david, if you and I want to do, if I want to buy a tractor from you and I, you know I go down to Tennessee and I want to buy a tractor from you or whatever, and I give you a few gold coins, where's the bank in that? Where's the yes, who knows about you? And I know, and I've got value for value and and we get, we walk away. That's right and that is a that's a major fear to the powers to be. That's why they want to kill cash. That's right. It's you know they there's been a war on, there's a war on cash. I promise you that.
Speaker 1:The physical thing is the key. Physical thing, physical and anonymous that's that's really the key and that's a very, very important thing to prepare for, absolutely. Talk a little bit about the IRAs. You said that you had somebody ask you a question about About how to do a metal IRA.
Speaker 2:Yeah, one of your listeners called me yesterday and just said you know it would be great if you and David take just a few minutes to explain that he goes. There's probably hundreds of people like me that want to know, as you mentioned it, but you don't ever explain how it works. Well, I appreciate the question. It's I've been doing these. When I first set up my shop I wanted to be a little bit smaller. Shops generally don't offer IRA. That's usually your big 1 800 number places and you know that's they do a lot of the bigger transactions. So I decided I'll get into this. I'll get my tones figure out how to do it, and we did. We have a company that we partnered with through the trading floor in Dallas Called new direction trust. So they handle all the legal, you know, set up your IRA, all the paperwork, all the docs, make sure everything's great. Once you set that it's $50, you go to new direction trust website. You set up an account, you know, deposit $50 and then you've got a precious metals IRA. If you have an existing IRA or 401k, you can without penalty roll that in all those funds that are sitting in the fiat market, because that's what it is. And if you're in paper or you're 401k is IRA's, it's it's fiat market. Whenever you want to put that, those funds, you can roll that again, no penalty. New direction trust helps you roll over those funds into the precious metals IRA. Once it's in there you can contact us and we'll buy you physical.
Speaker 2:Precious metals is not a piece of paper, it's your metals. I mean, it's gonna you pick. If you want Canadian Maple Leafs, those are your Canadian Maple Leafs. You know that's. If you're American Eagles, it's your American Eagles and you own those. They have to go into a third-party vault again, not in the bank, it has nothing to do, it's not inside. The cool thing about the precious metals IRAs and why endorse them is because at least it's a First step removed. There's no bank, there's no bank, it's not under that regulation. So those are gonna go into third-party store storage vaults.
Speaker 2:I use Dallas, I and I and that's just me personally but there's all over the United States. They've got them in Nevada, that the Idaho, they've, they've got them in Delaware. So there's all there, they're all over the place. There's I think there's 10 major vaults you can choose from. Um storage is about a hundred and eighty dollars a year. So if you got, you know fiat funds in the market and you're interested, it's a very easy process. So you can go to David Knight, dog Golding, contact us. I can show you how. It's just Literally a new direction. Once you, once you open an account with them, they will help you get any existing funds over there and we get the process done in a couple of weeks and then you've got metal stored, you know, and there's and again there's.
Speaker 2:You'll start to see, and I had a lady that approached me when I was in an archipelago and she said well, you please take a look at my precious metals IRA. And I spent some time with her and I had to tell her, unfortunately, used you, used a dealer that Oversold you and some new mismatic stuff. Even that happens in IRAs. They over, they just overcharged her. So you got to be careful with those because a lot of these 1 800 numbers they're gonna put you in some collectibles and I'll, even though you've got the metals. But you would, she got to look at it as your melt value. So if you they say you gave me ten thousand dollars and I'm gonna have to, you know I'm gonna have to.
Speaker 2:There's premiums on physical metals, whether I like it or not. I can't buy things at spot, so there's gonna be some premium there, but your melt value is gonna be you know how many ounces to spot that you have and and I try to make that number as large as possible because I don't want people to say, well, I got ripped off and this lady, unfortunately, it's like more than 50% what her deposit was put into new mismatic blue sky. You know just, yeah, ethereal cost, when it really what you're looking for is the melt, because that's with your absolute rock bottom. So we try to do that. It, wise wolf, I'm very, very cognizant of. You know People have worked very hard to save up what they have in these fiat markets. You'll take a little bit of a hit because it won't be dollar for dollar, but you're still gonna have gold, physical gold, physical silver, even physical platinum or anything. If you want to do that in in a, you know, a tax-free Shelter, which is that's really what it is, and it's outside of the bank, that's great.
Speaker 1:So you just basically, once you set up the new dimension account and then you tell your current IRA to roll this stuff over to them. Once they get it, they, they contact you and you contact the user and find out what, what kind of mix you want to put into your metal IRA.
Speaker 2:So it's a pretty simple and the first, the first thing I do if I'm talking to somebody Whether it's the IRA or anything else, david, I I don't know if anybody else I pull up my competition and I said this is what the competition's charging for x, y and z and this is what I can do, you know. So we generally try to save you a bit at least. At least be transparent enough so you know what you're buying, mm-hmm.
Speaker 1:That's great.
Speaker 2:Yeah, it's an easy process. Once you have it in there, we you know we can get a. We can get your metals in there in a few days.
Speaker 1:That's great, let's. Let's talk about one more thing before I let you go. If you got the time, your network that you're setting up, tell people a bit about that, where that is, and we're gonna be there eventually.
Speaker 2:Well, yeah, we've got. Jason Barker is an ambassador for us now and Melissa's been helping. We've got the free world FM is the network. Billy Ray Valentine and myself have been working on that for about a year and a half and we are maybe two years now. Time flies when you're in the apocalypse. So we, we, definitely. We talked a lot about having a lifeboat for free speech. Yeah, something that's. You know I'm gonna, I'm building the infrastructure so we can have eventually have our own servers and other things like that, have our own app In its audio only, but it's free world FM.
Speaker 2:It's a 24-hour station. Have some great hosts over there, like Jason Barker, angry tiger. A guard is up and running. I do my show there and many, many others. You have a slot there for we want to bring you over. We just need to get your software hooked up and that's pretty much the last step. And, of course, you and you and I, we can. We can talk off air too, because I have some other ideas. I want to run past you, but it is, it's for the people. We got a chat there. I think it's pretty, pretty active On the free world FM website. So, yeah, we.
Speaker 1:Want to be there. We're looking forward to being there. I want to be there because, again, she said we're gonna have a lifeboat for free speech. It's getting rapidly worse, very, very rapidly worse. People getting now jail sentences for Speech that the government hates there. They're ready to really crack this thing down. I think we're going to see that after this next election they may even do it before in the name of, you know, making the election more honest they may shut down speech because we, you know, we want to have an honest election. You certainly don't want to have a debate, right. So We'll be there and we'll get this together, and we're probably it's taking us a while to get this stuff together, but we want to do that and we'll be there. Free world FM good to know that you're putting that up and thank you so much, tony, for supporting us with David Knight on gold. We really do appreciate it, thank you.
Speaker 3:Thank you, dave. The David Knight show is a critical thinking Supress spreader. If you've been exposed to logic by listening to the David Knight show, please do your part and try not to spread it. Financial support or simply telling others about the show Causes this dangerous information to spread. Father, people have to trust me. I mean trust the science. Where you mask, take your vaccine, don't ask questions.
Speaker 1:Using free speech to free minds. It's the David.
Speaker 3:Knight show.