Interview - Trump’s Shocking Bitcoin Reserve Twist

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All right, and we have Tony Arbin of Wise Wolf Gold joining us and Tony has kindly set up DavidKnight Gold to take you there as well A little bit easier to remember.
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It lets him know that you're coming through us and it's always a pleasure to have Tony on.
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We were just talking during the break and he's got some interesting updates to the Sovereign Wealth Fund.
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But I want to begin with the Bitcoin Reserve, which was something that Trump dropped at that Nashville thing that you went to last summer, I guess it was and now it's come to fruition and they're going to have their first meeting tomorrow.
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It's come to fruition and they're going to have their first meeting tomorrow, and we had a surprise announcement earlier this week with some strange things added to it.
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He didn't even mention Bitcoin and everybody's going.
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What's going on?
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What's this?
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A Bitcoin reserve?
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I mean, what do you think about these other cryptocurrencies the ADA, the SOL, the XRP?
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What is your take on that?
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Well, if you wanted to tank the idea of a Bitcoin strategic reserve, this is the way to do it.
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If you want to, what you do is you throw these other coins in there that really I don't have any idea why they'd be included, like Cardano.
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Why is ADA in there?
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Xrp?
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You know this is Well they do have some connections to Trump.
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You know, if you look at this stuff, some of his meme coins and other things like that.
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There's some connections there that you know looks like what we're starting to see a pattern of just in your face graft and corruption.
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It's just the worst ideas that could be tagging along with what you know.
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When I was at the Bitcoin conference in July, you know you had RFK Jr speaking and he actually is very strategic with his plan with you know, for if he was going to be elected, that he would have the Treasury order to buy 500 Bitcoin a day to put us on parity, where we hold about 18% of the world's Bitcoin, roughly like we do the percentage of the world's gold, and that made sense to me.
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I don't even know what this looks like.
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I mean, you're talking.
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These are private companies.
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The thing about Bitcoin that you know.
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Again, if you're not, you know, really into crypto like I am, or haven't been in the space since 2016,.
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It's the only crypto out there that is decentralized truly, and you can talk about its origin story or what it was meant to do or some of the coding that got put in in 2017.
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And that's a side argument.
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But all these other cryptos lead back to a company, a board of directors, venture capital, so it doesn't make any sense at all.
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The United States it holds gold reserves and it has some foreign currencies that it holds, but to my knowledge it doesn't hold stocks or anything like that.
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I mean this would be a complete departure.
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These other cryptos are not like Bitcoin and, of course, even the Bitcoin argument itself.
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I'm happy to talk about that itself.
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I'm happy to talk about that.
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Maybe it's not the best idea in the world, but charging the American taxpayer to buy something that is a decentralized electronic currency, perhaps that's not a good idea.
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I mean, we can argue that.
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But you add all these other entities in and I just shake my head.
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I'm like, where did this even come from?
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Because you know the after the inauguration, bitcoin went to one hundred and eight thousand and it's all time high.
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So far, it's dipped back down into the almost low 80s, I believe, in the last few weeks.
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Because where's our Bitcoin strategic reserve?
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Where's the BSR and the momentum?
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in crypto has just dropped.
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They just dropped the R's crypto.
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They just dropped the r.
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They just dropped the r is now just bs.
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You know to your point of these things being, um, uh, privately held and everything.
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The xrp, the ripple you know it's attached to ripple and they still have 80 of of the tokens.
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The tokens are created all up front.
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They're not mined and they have 80% of those under their control.
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And it was Angry Tiger who said if you look at these things, they're all about transactions.
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All three of these cryptocurrencies are about transactions.
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And so I went back and I looked at it in detail.
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I talked about it yesterday.
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They're all based on proof of stake.
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They're all based on proof of stake.
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They're all based on, you know, just because I say so, right, we're not doing any proof of work or anything.
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They're all based on proof of stake.
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They have massive.
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If the government was going to hold stocks.
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That's a good analogy, tony, what you said.
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If the government was going to hold stocks, should they go out and buy stocks that are 80% owned by that company?
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You know it doesn't make any sense.
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And yet when you look at the transactional status of this and what XRP and these others were set up to do.
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You know, some of them are about smart contracts, some of them are about NFTs.
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They're all proof of stake, they're all privately owned and centrally controlled and all the rest of this stuff.
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And as I start looking at this, what it looks like and you know I've said this from the very beginning that, yeah, cbdc is out they know that people aren't going to fall for that in the United States, so let's do it in a different way.
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And they look at it and say, ok, let's rebrand this and let's do it in a way where we can make a fortune out of this thing.
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And that's what I think has always been in the.
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You know, whether the personnel that he's got around him personnel or policy I think their policy is for these guys to make a lot of money with their stable coins, with their pump and dump stuff.
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And I look at this with this being focused on transactions between institutions and transactions across countries and stuff like that.
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To me this looks like the step number one of CBDCs.
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They would always do it as a wholesale basis, right?
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So they'd already started that in the US.
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They said we're going to have FedNow and that's going to be how we're going to process transactions between banks and then, after everybody gets involved in that, we'll go to FedCoin.
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We'll take it to the retail level where there'll be a digital currency for you and I to use.
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But it begins with FedNow, which is a wholesale thing out there.
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I mean, is this like a public-private partnership for FedNow?
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I think you're right, david.
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What other argument could you make at this point?
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This has nothing to do with the strategic reserve.
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This is a hijacking of technology, in my opinion.
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You look at, what they're trying to do is have a public-private partnership with the technology of crypto.
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They just listed all the major cryptos and that makes no sense whatsoever.
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This was supposed to be an administration that was going to deregulate crypto, not take it over.
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This was supposed to be about.
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This is the Bitcoin presidency and perhaps make Bitcoin a strategic reserve because of Bitcoin's nature and what Bitcoin is supposed to be.
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These other coins have.
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I mean there's some functionality there.
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There's smart contracts, xrp, you know, delivering financial transactions between financial institutions all that stuff that could be argued that it has functionality, but that has nothing to do with what.
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The whole premise behind the, the Trump announcement in Nashville these other coins weren't mentioned and he did say in Nashville I watched him.
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He said there'll never be a CBDC as long as I'm president, and I've thought about that, you know, because I know Gary Kushner's role and you know, I know Steve.
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Mnuchin, yeah right, and I'm not looking at Trump the way the other people in the crowd are either, and so this starts to make more sense.
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I wondered what was going to happen, and now I think that's why a lot of the steam has run out of this euphoria and we call it Trump euphoria after the election and people selling off their gold and silver and getting into the crypto markets.
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And Bitcoin did go up and it went up to one hundred eight thousand, and I think it will.
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It will start to slow climb again, but that has almost nothing to do with the Trump presidency.
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I think it's just more and more adoption worldwide and I think maybe the two things can get confused.
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But the adding of these cryptos certainly is a red flag.
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Even those are cheerleaders in the crypto space.
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I listen to a lot of podcasts and even they're going.
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What is happening?
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This is not good for the industry, this collusion between government and the private sector.
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Of course, it wasn't good for the industry when Trump made so much money off of his Trump coin and his Melania coin either.
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I mean, you know that started to make the whole thing stink like a pump and dump scam, which I talked to Catherine Austin Fitz this week.
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She said she's absolutely convinced that's what it all is is a pump and dump.
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And to you know, to keep this thing rolling, this thing rolling, the end game for a lot of these people was to always try to get governments involved.
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That was the next stage.
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We can get the governments to hold Bitcoin or whatever, and so that's the ultimate dump it over to the government and then we all sell out at the top and that type of thing.
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That has always been my concern as well when I look at this.
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But you know, getting back to the fact that you were just talking about how he's going to throw in all these different cryptos and who knows how many they're going to put in right, and to me it looks very much like what he's doing with all this tariff stuff.
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You know, I talked about the tariff.
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I said you look at it historically, you look at the tariffs and they're either there to protect specific industries no, that's not what this is about or they're there to raise revenue, which is what Jefferson did.
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He cut the size of government.
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He said now we're just going to run the government off of tariff revenue.
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No, it's not about that.
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Instead, it's targeting countries and he's got to roll it back within a day or two because of the total chaos and damage that was going to be done to the automobile industry, because things are going back and forth, back and forth over the border.
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Because, why?
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Because he had already set that up in his first administration.
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The USMCA approach yeah, put your stuff through Mexico, canada and the US USMCA, so they start doing that.
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Now he's going to come in and he's going to create chaos with that.
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It's like a pattern, tony, that either they don't know what they're doing or they're deliberately trying to sabotage.
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I mean, they were at the point.
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Is he deliberately trying to create a recession, say some people.
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Is he deliberately trying to sabotage this stuff?
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It doesn't.
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There's no focus on this Bitcoin reserve, just like there's no focus on the tariff stuff.
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Creative destruction comes to mind.
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So wrote.
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So you, while you were talking, I just remembered going back to 2015 and I got invited to see Trump, you know, speak in Dallas.
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This was at the American airline center and he had just hired Katrina Pearson and we.
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We ran for Congress at the same time in different districts and I knew who she was.
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Anyway, I got tickets, I was in the front row and Trump came out and I'd been running on economic nationalism.
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I think I understood it and I thought this is really revolutionary.
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He came out and I've got it on my phone still, I recorded him saying it.
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He said that you know, when I'm, if I'm, elected, I'll just call up the CEO of Ford Motor Company.
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No-transcript.
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Well, we're a long way from that.
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We've had the previous Trump presidency and we have this one.
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You're right, economic nationalism is either about protecting, having protectionism, which was the later goal in the 19th century, but early on it was about raising revenues.
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There is a strategy here and it's not about either, or because those and you mentioned the USMCA and it really was a codifying of NAFTA with a bunch of new tech stuff put into it.
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I remember because I was filling in for you back in 2019, 2020, and they were talking about this as it ramped up at the end of his first presidency.
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So this is a really strange time and it's hard to figure out what the actual goal is.
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Weaponization of the dollar by other means, with threatening BRICS with 100% tariffs it truly doesn't want.
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This is like, again, the recipe for an economic downturn.
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If you wanted to do that, if you want to shock the system, and that would create, maybe, the opportunity for price controls, david, or something, or the seizure of different aspects of the economy, because, hey, things are shaky and this is a national security.
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There's something to this.
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I I don't even see anymore any sort of patterns for why this would create a a robust uh, you know production economy.
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Yeah, because you're, all you're causing is uncertainty.
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Now, if you were to say you could announce tariffs on certain things and you know, pat buchanan covered this a lot, uh, in his work, and I've studied it for years and years I mean, and I know these numbers by heart If you, if you put a 25 percent tariff across the board on manufacturing you're products and you don't seek out countries and you don't play favorites, it creates basically the same amount of revenue generation as the corporate income tax.
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So you could abolish the corporate income tax and then you could incentivize companies from around the world to move here and build things and avoid the tariff and, of course, not pay taxes.
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Well, he's not going to do that because they've already agreed.
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That's not what they're talking about.
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And they've already agreed.
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You know they had the agreement.
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The Biden administration and the US government and all these different countries got together.
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G7 said we're not going to have anybody do less than a 15% income tax rate.
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So he's not going to push against the globalists.
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He's going to abide by their scheme there, so he's not going to get rid of the corporate income tax.
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I mean, that's one of the things I think is interesting.
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Mav 2022 says Bitcoin isn't a coin.
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Let's start there.
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It's a reward for a machine to complete a task.
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And that's one of the things that Catherine Austin Fisk was saying.
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She said I get having a gold reserve, I get having a petroleum reserve, but you know why do you need to have a Bitcoin reserve?
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It's speculation, you know, it's like a stock and it just doesn't make any sense that you would make a reserve out of that.
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Well, I mean for my own philosophy.
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When Texas tried to create a digitized gold-backed token, I oppose that because I always ask the question why does the state need to be involved in money?
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You know, I look at the Bitcoin.
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Now that Trump has announced this dilution of you know what would be a strategic Bitcoin reserve, I no longer support any of that.
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I don't understand it.
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Maybe there was especially on the people who came up with the idea maybe good intention, but they were long past that.
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So this is something completely different and there's something else going on here that has nothing to do with stabilizing our economy.
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Clearly, I mean, this is just a funhouse mirror version of that.
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There's no strategy in this day.
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Well, I think there's probably strategy, just not for, you know, to prop up the us economy oh, I agree.
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yeah, I mean, you look at lucky lutnik and you look at scott, at the besant guy you know, and you know one of them is involved in uh, coming after the british man with ge Soros, and then the other guy and all of his financial background is one scam after the other.
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I've got a question here from DG8 for you, tony.
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He says please ask Tony about XRP, the Ripple thing being the only crypto listed as a business partner of the World Economic Forum.
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Was the whole SEC case against XRP Ripple a fraud?
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Well, the SEC in and of itself and its war on crypto.
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Yeah, I mean, and this may be a way that you can control it from inside and make sure that the price stays stabilized for accumulation or whatever.
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I mean, these are ways that they pump and dump and or they, you know they'll have a like Jamie Demon's done this before of JP Morgan, where he's come out and and bad-mouthed you know, all of Bitcoin.
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I remember this 2018 timeframe.
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I mean, he came out and just and criticizing his daughter for having it.
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Yeah, yes, I mean just went and he's done this a few times and then, you know, the next day it'll it'll tank and then they'll see some accumulation and all of a sudden it'll come back up and they do this kind of stuff.
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So they have ways to create this narrative for you and I cause we're not the insiders, we don't.
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You know, like George Carlin said, it's a big club and you ain't in it.
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You have to get to these, like if you, I see I follow a lot of stuff with crypto, obviously, but I look at some of these other trading platforms and things and people that are trying to get, make money, you know, get rich with it, and it is interesting because it's all about the pump and dump.
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There's really the functionality and the coins aren't really there for the most part.
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I mean especially the meme stuff.
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Like if you ever, I was on with Angry Tiger last night and I said, if you ever see me promoting a meme coin, I've been.
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That's not me, I'm the clone and don't trust that person.
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Like, that's not me.
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I just wanted for the record.
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I would never do that Because, again, what purpose does it serve?
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I have a Bitcoin company and the reason I've been in Bitcoin since 2016,.
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Do I know everything about it?
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No, it's impossible.
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I don't know everything that I could know.
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I just have.
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From everything I've researched, I believe that it's a functional mechanism for economic growth, at least for an individual, where you could have a way to hedge against inflation and uncertainty.
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It's not exactly precious metals, they're different things, but I'm not touting any of these other coins because of what I mentioned earlier these insider deals and who knows who has ties to the, to the world economic forum or Davos or or whatever, uh, or government, and now we, now we're just all the lines have been completely blurred and the conference is tomorrow.
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David, they're doing it to watch, Um, so now I, I think the crypto, uh, this, this explosion of interest and all this stuff, that, all the hope and everything that was in the it's, it's dimming, uh, because of, because of this, and maybe that's on purpose too, um, so that I think we're starting to see, um, it, you know the, what could be the, the blueprint for the cbdc, the way that they would do it in a public private partnership, which, if I remind people that is fascism, yeah, oh yeah, oh yeah, absolutely yeah.
00:18:56.726 --> 00:19:12.086
You know it's not any coincidence that when you look at things to come, or you know, based on the book, the shape of things to come, that they come across as kind of fascist, because that is, you know, economically they are fascist and they want to tell everybody else they're elitist and they're fascist.
00:19:12.125 --> 00:19:24.292
If you look at these technocrats, uh, but you know, when we talk about, um, the, the corruption that is there, yesterday I talked about the fact that, um, this one guy his name is justin sun s-u-n, 34 years old.
00:19:24.292 --> 00:19:30.055
He was the guy that famously went to hong kong and some artist had, uh, put a banana on the wall.
00:19:30.055 --> 00:19:57.380
Remember that, with duct tape, he bought it for six million dollars and then, with everybody taking pictures of him, he took it off the wall and ate the banana and then he put a lot of money into Trump's world financial thing or something that this other crypto scheme that Trump has personally going, and immediately the SEC, which is investigating him on multiple pump and dump issues, immediately stopped.
00:19:57.380 --> 00:20:00.974
And I guess my question is are we going to a banana republic?
00:20:02.527 --> 00:20:03.531
I'm going to eat that banana.
00:20:04.086 --> 00:20:13.159
It's based on crypto, and are we going to be eating the crypto banana republic when this pump and dump thing goes sideways on his?
00:20:13.159 --> 00:20:17.275
Or maybe we could call them banana republicans, I don't know that's good.
00:20:18.865 --> 00:20:20.570
Well, I think a lot of this is.
00:20:20.570 --> 00:20:28.724
Perhaps it's a sideshow, because the rest of the world if you look at who's crypto-focused, it's not the rest of the world.
00:20:28.724 --> 00:20:30.613
I mean, there's other countries popping up and I do.
00:20:30.613 --> 00:20:32.571
Again, this is a mixed bag for me.
00:20:32.571 --> 00:20:40.152
But if you look at Bitcoin, like El Salvador, they recently bowed to the IMF and, yeah, it's still a legal tender there.
00:20:40.152 --> 00:20:46.557
The IMF said you're not going to do this the way that they'd had Bitcoin set up previously, and they backed off.
00:20:47.185 --> 00:20:48.592
And why do you think the IMF would do it?
00:20:48.592 --> 00:20:52.355
Why would the IMF threaten them over the Bitcoin stuff?
00:20:52.355 --> 00:20:56.815
I mean, is it because the IMF is so heavily involved with the central banks and they see it as competent?
00:20:56.815 --> 00:20:57.636
What's your take on that?
00:20:57.636 --> 00:20:58.357
Why would they do that?
00:21:00.006 --> 00:21:04.926
Well, because it's outside of their control, and this kind of goes back to what we were talking about.
00:21:04.926 --> 00:21:07.551
Why list all these other coins?
00:21:07.551 --> 00:21:13.067
Well, it's interesting because you know you can control all those other coins absolutely easily.
00:21:13.067 --> 00:21:16.292
I mean it's because you know the founders, the founders, you know the people on the board.
00:21:16.292 --> 00:21:17.996
You know everything Bitcoin is.
00:21:17.996 --> 00:21:18.636
You can't.
00:21:18.636 --> 00:21:32.998
But if you want to control the Bitcoin, what you do is you know you create this environment where BlackRock buys the supply and then you can own it through these ETFs, and then you start regulating how the wallets work.
00:21:32.998 --> 00:21:35.479
Then you start saying, oh, your, oh, your own keys.
00:21:35.479 --> 00:21:36.906
Well, we don't really support that.
00:21:36.926 --> 00:21:38.951
That's that's more money laundering and things.
00:21:38.951 --> 00:21:50.777
Yeah, and so you, that's how you hijack bitcoin from the inside and you say, well, we're, we're so crypto friendly, we put all these other cryptos and I'm starting to think you know this is how that plays out, because you know it's.
00:21:50.777 --> 00:21:53.411
You know a lot of people would just argue that bitcoin itself is fake.
00:21:53.411 --> 00:21:55.355
And I haven't got, I'm not there, I don't see that.
00:21:55.355 --> 00:22:00.830
But that's how you, this is the caution in that.
00:22:00.830 --> 00:22:03.217
I mean, it's really to to, to add all these other things.
00:22:03.217 --> 00:22:04.971
That's that's to me is the threatening part.
00:22:04.971 --> 00:22:06.606
And the IMF, you know.
00:22:06.768 --> 00:22:17.328
Again, this is why Bitcoin, I believe, is still an enemy to the, to the bankster class, because they don't have control of it quite yet, to the, to the bankster class, because they don't have control of it quite yet.
00:22:17.328 --> 00:22:30.048
And so if, if this gets away from them, if other, that's what's called game theory in the crypto space for Bitcoin is that once it gets nation state adoption at some level, it'll just be a rush to who can control these.
00:22:30.048 --> 00:22:40.377
The supply and and and mining will be strategic, which could very well turn out to be true, but we live in an upside down where it's not free market anymore at all.
00:22:40.377 --> 00:22:42.573
I mean these are contrived things.
00:22:42.573 --> 00:22:55.212
I mean we have central banks, we have the oligarchs and all the things that have infiltrated our politics and reality, so it would be hard to in a perfect world.
00:22:55.354 --> 00:23:08.079
Obviously, this libertarian thought you know you're libertarian, well, I used to be, I'm pretty, I'm pretty close but they lose me on some things, especially when you get into the fantasy of this is how people act, because that's not what, that's not how reality works.
00:23:08.079 --> 00:23:19.181
I mean, this is right, it's a good theory, but I think I think that's what's playing out right now is that we've still got the Bitcoin technology, but how do they wrap their tentacles around it?
00:23:19.181 --> 00:23:23.876
It looks like they're doing a pretty good job so far and even got a few things past me.
00:23:23.876 --> 00:23:29.617
I really thought they were going to have a Bitcoin strategic reserve until they threw this out there.
00:23:29.617 --> 00:23:31.832
It's really bizarre.
00:23:31.832 --> 00:23:33.890
These other coins I keep going back to that.
00:23:33.890 --> 00:23:42.339
My mind just can't get away from that that they added those other coins, and just nonchalantly, by the way, oh, yeah, and didn't mention Bitcoin until everybody complained about it.
00:23:42.359 --> 00:23:44.596
He goes oh yeah, bitcoin and Ethereum they're going to be the heart of it.
00:23:44.596 --> 00:23:49.529
I wonder, though, tony, you mentioned BlackRock and their ETF stuff and everything.
00:23:49.529 --> 00:23:51.732
Now BlackRock is good.
00:23:51.732 --> 00:23:57.586
It's amazing to see Alex Jones and all these other people cheering this that you know because they bought two what is it?
00:23:57.586 --> 00:24:00.275
Two out of six of the ports down in Panama.
00:24:00.275 --> 00:24:03.490
Now it's American owned, and all the rest of stuff, and it's owned by BlackRock.
00:24:03.490 --> 00:24:04.393
Aren't we happy about that?
00:24:04.393 --> 00:24:10.451
I was saying yesterday that BlackRock and Larry Fink is kind of like the Moriarty of everything that these people hate.
00:24:10.451 --> 00:24:12.332
You know all the different lines of the Web.
00:24:12.332 --> 00:24:16.896
You know, go back to this guy, and now he's the hero that Trump has put out there.
00:24:16.896 --> 00:24:21.601
You think BlackRock's going to be managing the Bitcoin research.
00:24:21.601 --> 00:24:22.481
Can we make a prediction?
00:24:26.365 --> 00:24:27.669
Will it be BlackRock that gets to manage all the Bitcoin reserve?
00:24:27.669 --> 00:24:29.232
Yeah, we're going to get rid of Monsanto.
00:24:29.232 --> 00:24:30.175
Here's IG Farben.
00:24:30.175 --> 00:24:31.905
We hope you enjoy.
00:24:31.905 --> 00:24:32.707
I mean it's just.
00:24:33.288 --> 00:24:35.549
Yeah, is Trump going to do that, or is he going to put BlackRock in charge?
00:24:35.549 --> 00:24:36.872
He's going to put Bill Gates in charge?
00:24:36.872 --> 00:24:41.957
Either way, if he does it, it'll be a great thing, you know people have short memories.
00:24:42.017 --> 00:24:43.378
This is the team sport.
00:24:43.378 --> 00:24:45.421
It causes brain damage.
00:24:45.421 --> 00:25:11.605
No-transcript.
00:25:11.605 --> 00:25:17.103
When I hear Larry Fink talk from BlackRock I rock I don't think, oh, that's my ally.
00:25:17.103 --> 00:25:32.874
He really wants a free market, you know, uh, I just listen to what he says, and so a lot of times, you know, he's talked about changing behavior and this is something he's did many times, oh yeah he's at the center of all this behavior through the financial system.
00:25:32.874 --> 00:25:33.977
That's esg folks.
00:25:33.977 --> 00:25:34.317
That's right.
00:25:34.565 --> 00:25:37.109
That's right and he's at the epicenter of all that.
00:25:37.109 --> 00:25:46.136
But it's a good thing now that Trump has and of course it's a Trump pressure, you know I was talking to Mark Hall, who lives down there most of the year.
00:25:46.136 --> 00:25:57.205
He said you know, they had already their internal revenue equivalent, had already started auditing that Hong Kong company in order to put pressure on them to sell.
00:25:57.205 --> 00:26:09.076
And so this is a pressure campaign conducted by Trump and Rubio and his administration against Panama to put pressure on this company to get them to sell for the benefit of BlackRock.
00:26:09.076 --> 00:26:10.905
And now this is a big win.
00:26:10.905 --> 00:26:13.147
Oh, it's America first and all the rest of the stuff.
00:26:13.147 --> 00:26:14.568
It's like what is?
00:26:14.669 --> 00:26:16.651
going on.
00:26:16.651 --> 00:26:18.252
Thomas Jefferson said it best.
00:26:18.252 --> 00:26:20.654
He said merchants have no country.
00:26:20.654 --> 00:26:21.315
That's right.
00:26:21.776 --> 00:26:22.195
That's right.
00:26:22.836 --> 00:26:28.300
You know, and if you're an entrepreneur and you're into, you know you take a company or take something global.
00:26:28.300 --> 00:26:31.766
I completely understand that, but don't be confusing the two.
00:26:31.766 --> 00:26:37.596
There used to be the saying was you know, what's good for America is good for GM and vice versa for General Motors.
00:26:37.596 --> 00:26:38.657
That's not true anymore.
00:26:38.657 --> 00:26:40.386
Yeah, that's right, you know.
00:26:40.386 --> 00:26:43.075
Bringing those factories back to Detroit, is that good for GM?
00:26:43.075 --> 00:26:44.690
Is that good for America?
00:26:44.690 --> 00:27:05.113
The GM's profits have gone down and these corporations are just off the charts.
00:27:05.113 --> 00:27:09.997
It's record intake of capital, oh yeah.
00:27:09.997 --> 00:27:14.737
So it's not something good for America, is not good for them at this point.
00:27:15.005 --> 00:27:17.374
So I don't think we're, I don't want to we do.
00:27:17.374 --> 00:27:21.056
This has gotten way out of hand with this partisan politics.
00:27:21.056 --> 00:27:24.576
That's where we are and we're marching straight into this.
00:27:24.576 --> 00:27:26.650
The great reset remains.
00:27:26.650 --> 00:27:28.635
Have you ever seen the movie independence day?
00:27:28.635 --> 00:27:32.736
You know where they finally use a nuke on one of the, the flying saucers.
00:27:32.736 --> 00:27:33.926
You know the big mothership.
00:27:33.926 --> 00:27:38.275
And then they come out and they say, oh, we think we got it, and then it's no Target remains.
00:27:38.275 --> 00:27:39.416
I think that's the same thing.
00:27:39.416 --> 00:27:41.826
After this election, we're still in it.
00:27:41.826 --> 00:27:42.932
It's just by other means.
00:27:42.932 --> 00:27:44.509
It's not coming at you directly.
00:27:44.509 --> 00:27:46.895
You're right, there's something with that.
00:27:46.895 --> 00:27:53.638
I'm wondering when they're going to announce the FedNow crypto system or something you know through these banks.
00:27:53.638 --> 00:27:55.460
You crypto system, or something you know through these banks?
00:27:55.460 --> 00:27:56.119
You're absolutely right.
00:27:56.119 --> 00:27:57.621
I think you're going to list a way ahead of the ball.
00:27:58.060 --> 00:27:59.340
I think I said the other day.
00:27:59.340 --> 00:28:02.742
I said maybe they'll call it instead of CBDC, maybe they'll call it PPPDC.
00:28:02.742 --> 00:28:05.367
You know, public private partnership, digital currency.
00:28:05.367 --> 00:28:08.661
But let's talk about the sovereign wealth fund.
00:28:08.661 --> 00:28:27.845
You know, when I talked to Catherine Austin Fitch, she said well, you know, this looks like a pump and dump that they're going to do to pump this thing up and then when everything goes bust or, you know, it may be the crypto stuff or, more likely, it's just, you know, going bust with the economy and they say, well, we got to use our resources.
00:28:27.845 --> 00:28:32.983
They claim that they own the land and so they'll sell the land to these other people.
00:28:32.983 --> 00:28:37.231
Everything is for sale Citizenship is for sale, all the rest of the stuff but the Sovereign Wealth Fund.
00:28:37.231 --> 00:28:44.853
When we were talking during the break before you came on, you said you noticed something about the Sovereign Wealth Fund.
00:28:44.853 --> 00:28:45.715
Let's talk about that.
00:28:45.715 --> 00:28:46.237
What did you see?
00:28:48.425 --> 00:29:00.621
Well, the article came out from Jim Rickards, you know, and he worked with CISA and to the CIA and did these deep dives into the financial wars and currency wars that are going on.
00:29:00.621 --> 00:29:07.278
That's kind of behind the scenes in this nonlinear, asymmetrical war that goes on.
00:29:07.278 --> 00:29:14.415
So I've read him for years and he said something in an article and it kind of just went through and I was trying to bring it up because it was so huge.
00:29:14.415 --> 00:29:16.731
It put an alarm bell off in my head.
00:29:16.731 --> 00:29:17.454
I didn't know this.
00:29:17.454 --> 00:29:29.198
Well, you know, scott Betts is putting together this idea of the sovereign wealth fund and Trump signed the executive order to the exploratory committee on that and to lay that out and what it would look like.
00:29:29.198 --> 00:29:46.342
Well, we all talk about Fort Knox you know Knox, with the gold there, and we talk about what the United States supposedly has about 8,133 tons of gold bullion to back up its well, not anymore technically back up our currency, but to back up our economy.
00:29:46.342 --> 00:29:48.913
It's part of our balance sheet.
00:29:48.913 --> 00:29:56.259
Well, something that Rickard said and I didn't know, I'm going to cover a little bit more in my show here in the next hour or so.
00:29:56.259 --> 00:30:14.858
Apparently, in 1934, fdr had the Treasury of the United States write a certificate to the Federal Reserve giving them holdings for the gold that the Fed had to give up during that executive order.
00:30:14.858 --> 00:30:17.875
So supposedly the Fed had to give up a certain amount of gold, right?
00:30:17.875 --> 00:30:35.961
Well, if you actually read, denominate that in ounces, those certificates are more than the 8,133 tons that we have in our own reserve for the United States government itself that we technically owe the Fed.
00:30:35.961 --> 00:30:40.595
And Rickards didn't cover it in the way that I would have if I thought I didn't know that.
00:30:40.595 --> 00:30:54.569
Yeah, and that's because I've often heard, you know, we had, you know, like 18,000 tons before or right at the end of World War Two, and then, all of a sudden, there's this reallocation and all this stuff that went on and we opened up for free trade.
00:30:54.569 --> 00:30:56.635
There's a whole stuff that happened after World War II.
00:30:56.635 --> 00:31:02.757
There's a lot of financial maneuvering, and so this is another, this is one of those clues.
00:31:03.365 --> 00:31:07.154
As the world continues to go towards resources.
00:31:07.154 --> 00:31:07.856
That's where we are.
00:31:07.856 --> 00:31:21.729
I mean, you know, you can look at, I think, after Basel III in 2021, when gold was taken to it from a tier three to a tier one, the rest of the world is just already scrambling to get the gold, and I think that's just.
00:31:21.729 --> 00:31:23.835
Gold is already the world's reserve currency.
00:31:23.835 --> 00:31:30.752
Again, it's just we're talking about time and getting off systems and other things, so they have to know that here in the US.
00:31:30.752 --> 00:31:35.772
So I think the future is going to be who has what and the assets and all the rest.
00:31:35.772 --> 00:31:40.500
It's not that the US isn't going to sell its gold or anything like that.
00:31:40.500 --> 00:31:41.748
I don't see that happening.
00:31:41.748 --> 00:31:44.655
Or putting into a particular fund, I don't think.
00:31:44.655 --> 00:31:47.893
But I do think that there's going to be a lot of exposure.
00:31:47.893 --> 00:31:48.715
This is what we have.
00:31:48.715 --> 00:31:53.496
A lot of cards are going to be put on the table because we're in the Great Reset.
00:31:53.516 --> 00:32:03.294
Because we're in the great reset, we're still watching a meltdown of the financial system and the debt worldwide is systemic.
00:32:03.294 --> 00:32:05.170
It's malignant and there's no way out of that.
00:32:05.170 --> 00:32:10.690
I mean, the sheer numbers of it all, david, as you know, are just so gargantuan.
00:32:10.690 --> 00:32:12.174
You can't come back.
00:32:12.174 --> 00:32:17.339
There has to be a new system put in place and this may be the creative destruction that we're watching.
00:32:17.339 --> 00:32:17.760
You can't come back.
00:32:17.760 --> 00:32:24.936
There has to be a new system put in place and this may be the creative destruction that we're watching, because there's nothing to do with strategy, whether it's the tariffs or the crypto fund or anything.
00:32:24.936 --> 00:32:26.092
It doesn't make any sense.
00:32:26.092 --> 00:32:28.772
And perhaps it doesn't make any sense for a reason.
00:32:28.772 --> 00:32:31.934
This is just chaos for chaos sake, to see where things end up.
00:32:32.005 --> 00:32:39.057
And now some of that unintended consequence I'm watching very closely is these bullion banks.
00:32:41.041 --> 00:32:42.207
They can't fulfill contracts.
00:32:42.539 --> 00:32:44.826
They're starting to the cracks in the system.
00:32:45.587 --> 00:32:50.048
It's going to be all over the place and we're not even we're just at the tip of the iceberg.
00:32:50.048 --> 00:32:55.489
I don't know what it's going to do to prices, but I looked up before we went live and I'll just mention this.
00:32:55.489 --> 00:32:56.391
You look at silver.
00:32:56.391 --> 00:32:59.965
This should be covered on the nightly news.
00:32:59.965 --> 00:33:31.269
What's not going to be on the financial sector 215 million ounce deficit last year, so that that means all the orders they had to go, they had to find 215 million ounces of the above ground supply, and so like this is happening year on year and the prices remain because of the paper and all the stuff that's covered up, that the world is rushing to assets, um, and I think that's why you see so much pressure put on these supplies and the things of metals, and we shall see those little, those little nuggets of history.
00:33:31.269 --> 00:33:31.892
I did, you know.
00:33:31.892 --> 00:33:35.307
I find out every, every day, when I look into this stuff.
00:33:35.307 --> 00:33:35.728
It's.
00:33:35.728 --> 00:33:37.732
It's pretty amazing where we stand.
00:33:37.732 --> 00:33:42.171
Especially I didn't know that the Fed is owed more gold than we have.
00:33:44.141 --> 00:33:54.285
And so that kind of brings in this whole dog and pony show about going into Fort Knox and looking at this stuff, which is going to be like a you know Al Capone's vault with Geraldo Rivera.
00:33:54.285 --> 00:33:56.590
You know, it's going to be one of those types of deals.
00:33:56.590 --> 00:33:59.953
There's no way that they're going to audit this thing and make it meaningful.
00:33:59.953 --> 00:34:03.104
I mean, you know, are those, are those real gold bars or what is it?
00:34:03.104 --> 00:34:04.185
You know?
00:34:04.185 --> 00:34:07.673
Question is what is the intention with all of this stuff?
00:34:07.673 --> 00:34:12.532
Is it to move everybody to change public opinion?
00:34:12.532 --> 00:34:15.128
That's the whole purpose of it is to change public opinion.
00:34:15.128 --> 00:34:17.467
But to what purpose and to what end?
00:34:17.467 --> 00:34:19.284
Is it going to be?
00:34:19.284 --> 00:34:31.489
To get everybody afraid that you know, we just got this big speculative bubble and we got paper gold and we got paper silver and we have these other ETFs and derivatives and there's nothing there, you know kind of like, which caused the real estate crash.
00:34:31.489 --> 00:34:34.188
Is that their intention for destruction?
00:34:34.188 --> 00:34:39.659
And then do they use that to move us over to the kind of great taking, you know where?
00:34:39.659 --> 00:34:43.751
They say, yeah, but we got all this land and we can now put those assets to work.
00:34:43.860 --> 00:34:48.503
That was what Besant said, and Doug Burgum, who is in on all this stuff as well.
00:34:48.503 --> 00:34:50.949
They put him in as interior secretary.
00:34:50.949 --> 00:34:52.784
What did he say during his confirmation hearings?
00:34:52.784 --> 00:35:10.786
He said well, we got $200 trillion worth of land in the United States, so they're going to somehow put that into work, put that into a sovereign wealth fund or something, and say we're going to move now from you know, the fiat currency or even pretending that we got gold backing, now we're going to back it all with the land and maybe, you know, we implode.
00:35:10.786 --> 00:35:11.742
What do you think is?
00:35:11.742 --> 00:35:13.128
I mean, it's pure speculation.
00:35:13.128 --> 00:35:16.650
At this point, you got any idea where they're going with this sovereign wealth fund.
00:35:16.650 --> 00:35:25.505
It really concerns me to hear Besant and to hear Burgum making the kind of comments of their own, of course, and every one of these things.
00:35:25.505 --> 00:35:28.469
They got Lucky Lutnik standing beside them.
00:35:28.469 --> 00:35:31.771
It's like the three-card Monty guy.
00:35:31.771 --> 00:35:37.014
You know he's a huckster of the nth degree.
00:35:37.014 --> 00:35:39.577
You know 33rd degree huckster how about that?
00:35:41.400 --> 00:35:41.981
I like that.
00:35:41.981 --> 00:35:55.347
I read an article earlier this week that Deutsche Bank is putting out some notices and saying, hey, you know, the dollar may not be a safe haven in the future, it may be losing its safe haven status.
00:35:55.347 --> 00:35:56.726
And I thought about Deutsche Bank.
00:35:56.726 --> 00:36:11.768
And if you look into the insider trading that went on prior to 9-11, these, you know, shell corporations and kind of in the periphery of Deutsche Bank was some of these entities that shorted airline stocks and other things right prior to 9-11.
00:36:11.768 --> 00:36:20.509
And they had ties if you really drill down ties to intelligence and goes back to Mossad and others, and there's millions that never got claimed.
00:36:20.509 --> 00:36:24.800
By the way, I think that to touch it would be to expose yourself.
00:36:24.800 --> 00:36:28.170
So there were some that they didn't secure, just right.
00:36:28.170 --> 00:36:33.103
But you know, this is a controlled demolition, yeah, whatever it is.
00:36:33.103 --> 00:36:50.074
And you know, going into the Trump presidency with the meme coin and I just shaking my head, you know, I just this is the, you can make money on it and that's only insider stuff, but it's going to leave the regular folk holding the bag losing 90%.
00:36:50.074 --> 00:36:51.063
You know that.
00:36:51.063 --> 00:36:52.668
Going in, why would you do it?
00:36:52.668 --> 00:36:55.949
Well, it's the same thing you could do with a sovereign wealth fund or something like that.
00:36:58.202 --> 00:36:59.726
We're in a post-trust era.
00:36:59.726 --> 00:37:00.789
That's another thing.
00:37:00.789 --> 00:37:08.019
These institutions lose trust thing.
00:37:08.019 --> 00:37:08.661
These institutions lose trust.
00:37:08.661 --> 00:37:17.608
That's why things like gold and commodities and other things in this era that we're in becomes even more important, because that's why the United States we're losing and de-dollarizing is so rapid.
00:37:17.608 --> 00:37:22.186
It probably would have took another 100 years had we just been a good steward.
00:37:22.186 --> 00:37:27.661
We could have, uh, the world running on our currency for a long, long time, but we got arrogant.
00:37:27.661 --> 00:37:31.130
We have to nightstick people like a drunk cop or something.
00:37:31.130 --> 00:37:33.425
That's what we do around the world 40 different say.
00:37:33.425 --> 00:37:34.248
It's probably more than that.
00:37:34.248 --> 00:37:37.485
I've been saying that for three years, but it's 40 sanctions on 36 countries.
00:37:37.485 --> 00:37:42.764
Yeah, so we weaponized all that stuff and so we already know the con.
00:37:42.764 --> 00:37:44.487
We we do cause and effect.
00:37:44.487 --> 00:37:47.693
So that's apparent that it's not working, but we continue to do it.
00:37:48.460 --> 00:37:52.626
So there's an open question whether you know they're just want to accelerate this thing or what to do?
00:37:52.626 --> 00:37:53.208
A pump and dump.
00:37:53.208 --> 00:37:59.829
Maybe they'll create a United States meme coin itself, like this is for the country get in early.
00:37:59.829 --> 00:38:02.121
You know the rest of the world.
00:38:02.121 --> 00:38:05.487
So I I don't trust anything that you know.
00:38:05.487 --> 00:38:12.697
This is why I think we lean too heavily to say well, the United States needs to go on a gold standard, go yourself on a gold standard.
00:38:12.697 --> 00:38:12.960
That's right.
00:38:12.960 --> 00:38:15.068
We have the opportunity to do that.
00:38:15.068 --> 00:38:19.190
Thank you, gerald Ford 1974, for making it legal for me to own gold.
00:38:19.190 --> 00:38:24.503
You know, I just don't need them and that's why I oppose the Texas setting that up.
00:38:24.503 --> 00:38:26.547
I don't need them and that's why I opposed the Texas setting that up.
00:38:26.547 --> 00:38:27.748
I don't need the state involved with that.
00:38:27.768 --> 00:38:28.009
That's right.
00:38:28.009 --> 00:38:31.333
See, what happened this last week is there's all this uncertainty about the tariffs and everything.
00:38:31.333 --> 00:38:33.175
Stock market goes down.
00:38:33.175 --> 00:38:42.597
Bitcoin gets shaky, as well as you know, because Bitcoin's pump was based on all this stuff about the Bitcoin reserve thing.
00:38:42.597 --> 00:38:45.278
So you know, you look at that and what does that do?
00:38:45.278 --> 00:38:47.507
You see, gold is still hanging in there strong.
00:38:47.507 --> 00:38:49.786
How is the situation right now?
00:38:49.786 --> 00:38:51.666
I mean, you were the first one to talk about that.
00:38:51.666 --> 00:38:55.027
I heard and long before I saw anything in the press.
00:38:55.027 --> 00:39:02.891
You were talking about the movement of massive movement of metal back to the US and how it's creating problems in London and other places like that.
00:39:02.891 --> 00:39:04.717
How is the supply looking now?
00:39:04.717 --> 00:39:06.079
Is creating problems in London and other places like that.
00:39:07.409 --> 00:39:08.757
How is supply looking now?
00:39:08.757 --> 00:39:09.976
Oh, it's slowed.
00:39:09.976 --> 00:39:11.753
Some as far as, like the clearing out of vaults and other things that's happened around the world.
00:39:11.753 --> 00:39:27.309
I think the next shoot or drop is just the fallout from a lot of these companies and countries and funds that will be asking for physical delivery, and I think, not all of it, but it will be a big chunk that won't show up and it will create a cascading effect of of other orders.
00:39:27.490 --> 00:39:30.739
One of the reasons, like you know, fdr had a banking holiday.
00:39:30.739 --> 00:39:42.701
You remember that, from when he took over in 1933, he had a banking holiday and that was just for him to get control of the financial system, because people were going to do a run on the banks, you know.
00:39:42.701 --> 00:39:44.786
So I think that's probably going to have a.
00:39:44.786 --> 00:39:49.990
There's a, there's a physical, uh, golden silver.
00:39:49.990 --> 00:39:58.291
There's a hidden time bomb, I believe it, just people being able to get access to it and, uh and I watch it very closely I think supply's okay right now.
00:39:58.800 --> 00:40:04.119
I didn't, I still don't I'm never back to the 2018, 2019 supply levels that I would.
00:40:04.119 --> 00:40:06.887
I would find I've never've never recovered from that.
00:40:06.887 --> 00:40:10.485
Um, I can still get things and that's one of the reasons.
00:40:10.485 --> 00:40:19.900
You know we have this multiple locations now for for me to supply, like my membership, stuff for wolfpack is just I need to buy from the public.
00:40:19.900 --> 00:40:26.293
I can't necessarily get the same kind of products, even from the wholesalers anymore in the timeframe that I need.
00:40:27.521 --> 00:40:56.530
So it is right now I'd say it's relatively calm, but I think we're on the cusp of another again, another shoe to drop, another hitting another level of this of the real physical versus the paper, and this will, I think, be even more exposed in the currency and trade wars that are afoot and are going on right now behind the scenes as the world continues to lurch towards gold.
00:40:56.530 --> 00:41:05.079
2024, david, was another year where central banks, they ordered 1,048 tons or so, and before that it was another 1,000.
00:41:05.079 --> 00:41:07.090
And before that it was another 1,000.
00:41:07.090 --> 00:41:08.940
Before that it was another 1,000.
00:41:08.940 --> 00:41:10.887
This trend continues.
00:41:10.887 --> 00:41:13.583
They're concerned about the instability as well.
00:41:14.005 --> 00:41:16.190
It's very unstable, very unpredictable.
00:41:16.190 --> 00:41:18.407
There's a lot of chaos that's being sown in here.
00:41:18.407 --> 00:41:20.791
When you see that kind of stuff, everybody runs to gold.
00:41:20.951 --> 00:41:23.342
Everybody wants to go.
00:41:23.342 --> 00:41:25.911
It's the way that history shows us that.
00:41:25.911 --> 00:41:33.052
That's what it's always been for, and, and even in rickard's article today he was like gold is not just you know.
00:41:33.052 --> 00:41:35.927
You could have said, well, it's a safe haven against inflation, he goes.
00:41:35.927 --> 00:41:42.447
Well, inflation was, what you know, 10 or whatever, and gold went up 80 in the last, uh, three years.
00:41:42.447 --> 00:41:45.490
So what, what?
00:41:45.490 --> 00:41:46.833
What's driving that?
00:41:46.833 --> 00:41:55.443
Well, fear, uncertainty, doubt, geopolitical tension, uh, and the and the reset of the monetary system, the growing debt, and this isn't whatever.
00:41:55.443 --> 00:41:58.489
This is that's coming out of Washington, is not?
00:41:58.489 --> 00:42:03.586
It's, it's not strategy, well, not strategy for building the economy.
00:42:03.586 --> 00:42:05.070
It's something completely different.
00:42:05.090 --> 00:42:10.750
That's right, it's chaos and they're accelerating it, and so that's why I look at this and it's like I want to get off of this train.
00:42:10.750 --> 00:42:13.889
As you point out, you can get on a gold standard yourself.
00:42:13.889 --> 00:42:15.902
You can do that on a regular basis.
00:42:15.902 --> 00:42:27.936
I love what you do with Wolfpack, where people can set up an amount that they want to have different tiers there that people can subscribe to on a monthly basis and gradually accumulate this.
00:42:27.936 --> 00:42:35.971
Of course, you handle any transactions it can be small or large or whatever but you can also do that savings program.
00:42:35.971 --> 00:42:39.510
What else is going on at Wolfpack that you'd like to tell us about?
00:42:40.820 --> 00:42:43.829
Well, we've got a big announcement next week.
00:42:43.829 --> 00:42:48.771
I can't announce it yet, but we're going to be adding another tier to Wolfpack.
00:42:48.771 --> 00:42:59.730
It's the final one, and I've decided we're going to put something between the Wise Wolf level and the Sage Wolf, so between five and a hundred and a thousand.
00:42:59.730 --> 00:43:02.668
I'm going to have some new incentives that I'm throwing in.
00:43:02.668 --> 00:43:05.646
We've got a lot of stuff by next week when I come on the show got we got a lot of stuff.
00:43:05.646 --> 00:43:08.257
By next week, when I come on the show, I'll have a lot of stuff to announce.
00:43:08.257 --> 00:43:11.204
They're going to be some deals, um, some other things.
00:43:11.204 --> 00:43:21.391
I'm trying to to make it just even more streamlined for people's budgets and if they want to beef it up a little bit like again, I understand how tight things are.
00:43:21.391 --> 00:43:27.182
So we're going to be adding some, uh, free shipping, free shipping and other things, uh, and then some variety.
00:43:27.182 --> 00:43:34.288
Uh, I'm just I had, I did a conference call with the team yesterday and I said, look, I'm going to be making some changes, you have to roll with it.
00:43:34.288 --> 00:43:34.628
We've got.
00:43:34.628 --> 00:43:35.541
We've got a lot of stuff.
00:43:35.541 --> 00:43:49.967
We're going to have to be manually checking some things for customers, uh, but I want to have the most variety, the easiest ordering all the stuff, uh, in that that price range and I think, uh well, people will like what we have going on next week.
00:43:50.027 --> 00:43:52.541
And, of course, you know we got uh Bitcoin.
00:43:52.541 --> 00:43:55.967
Uh, you can buy and sell Bitcoin with us now.
00:43:55.967 --> 00:43:58.052
Just, we're fully operational.
00:43:58.052 --> 00:44:01.443
So, if you want to, you want to buy a Bitcoin, you want to sell Bitcoin?
00:44:01.443 --> 00:44:04.208
We'd love to buy it, we can sell it to you, we can help you with that.
00:44:04.208 --> 00:44:06.670
It's a white glove service, you know.
00:44:06.670 --> 00:44:09.416
So we got it's hands on when people walk you through it.
00:44:09.416 --> 00:44:14.271
And if you want to use your Bitcoin to buy precious metals through me, absolutely no fee.
00:44:14.271 --> 00:44:16.043
We're the only no fee broker in America.
00:44:16.385 --> 00:44:20.702
That's great, yeah, and and of course you can help them.
00:44:20.702 --> 00:44:25.512
You said a white glove service helps somebody if they want to figure out how to maintain a private wallet, that type of thing.
00:44:25.853 --> 00:44:27.097
I've got a question.
00:44:27.398 --> 00:44:28.039
Yeah, that's good.
00:44:28.039 --> 00:44:31.126
I got a question here from Cecilia 14.
00:44:31.126 --> 00:44:39.992
David, can you ask him what he thinks of Trump wanting rich foreigners to buy their way in to this country the five million dollar gold card?
00:44:39.992 --> 00:44:42.324
I wonder what he's going to get with a platinum card.
00:44:42.324 --> 00:44:43.164
That's what I'm waiting for.
00:44:43.967 --> 00:44:47.134
I like what my friend Sam Tripoli said.
00:44:47.134 --> 00:44:49.882
He said, yeah, you can do that, sell it to them.
00:44:49.882 --> 00:44:53.507
But they got to move to Detroit, they got to go to the Rust Belt.
00:44:53.507 --> 00:44:56.501
Like they can't live in LA, they can't go to Miami.
00:44:56.501 --> 00:44:57.242
I said you know what?
00:44:57.242 --> 00:44:58.123
I'm fine with that.
00:44:58.123 --> 00:44:59.065
You make some.
00:44:59.065 --> 00:45:01.969
You know you got to rebuild something inside the US.
00:45:01.969 --> 00:45:06.295
Make it, you know, make it contingent on you doing something for us.
00:45:11.840 --> 00:45:12.081
That's right.
00:45:12.081 --> 00:45:13.443
That was what they were doing with the HB5 thing or something.
00:45:13.443 --> 00:45:21.746
And you know it's like a million dollars and you get your green card only $800,000 if you go into a distressed area, you know, like Detroit or something like that, and yet that's been just riddled with fraud.
00:45:21.746 --> 00:45:27.143
And, of course, the amazing thing to me was when you go through the numbers and you've got Lucky.
00:45:27.143 --> 00:45:39.603
Lutnik says we've got 250,000 people right now who want to sign up for this and somebody said no, if you look at this, we know how many people there are in the world that have a net worth of, let's say, 30 million.
00:45:39.603 --> 00:45:43.050
Just set it there If they can afford to spend $5 million for this.
00:45:43.050 --> 00:45:52.795
And of all those is about 400 and some thousand people, and there was about 264, something thousand outside of the US.
00:45:52.795 --> 00:45:59.041
So they have to be basically everybody with a net worth of over $30 million that's outside of the US would want to buy into that.
00:45:59.041 --> 00:46:00.384
That's absolutely ludicrous.
00:46:00.465 --> 00:46:05.264
But the thing that bothered me about it when I saw it, I thought what is the difference with this?
00:46:05.264 --> 00:46:06.907
Well, they don't have to do anything.
00:46:06.907 --> 00:46:10.974
They don't have to build anything, they don't have to invest in a company or anything.
00:46:10.974 --> 00:46:22.545
They just give $5 million to Washington and they have then superior rights to American citizens, which you would expect out of something like this from Trump, out of something like this from Trump.
00:46:22.545 --> 00:46:34.056
They don't have to pay taxes on income that they get outside of the United States, which American citizens have to pay that, and so he's giving them special privileges.
00:46:34.056 --> 00:46:34.876
Isn't that interesting?
00:46:34.876 --> 00:46:35.996
Isn't that disgusting?
00:46:41.880 --> 00:46:45.224
It's like the plot to Lethal Weapon 2 or something with the South African guys.
00:46:45.224 --> 00:46:50.710
Look, I'm for a moratorium on immigration and I was just being silly, you know, buying your way in.
00:46:50.710 --> 00:46:52.632
We don't need that, I don't.
00:46:52.632 --> 00:46:55.135
You know, if you want to attract companies, you want to attract.
00:46:55.135 --> 00:47:01.969
But we would be laying the groundwork for deregulation, as you mentioned earlier in the show.
00:47:01.969 --> 00:47:07.297
We'd be incentivizing production and, and you know, investment and things like that, because that trust inspires that we're not doing that.
00:47:07.297 --> 00:47:09.875
So, and you know, investment and things like that, because that trust inspires that we're not doing that.
00:47:09.875 --> 00:47:10.742
So you know, I don't.
00:47:11.786 --> 00:47:27.123
We need a complete moratorium on all immigration to get to have some breathing room to figure out what just happened, because we've had an unprecedented amount that we've never I don't care what people say like that that you know the great waves of immigration never even touched what.
00:47:27.123 --> 00:47:45.655
The numbers that we've done post-Immigration, act of 1965, teddy Kennedy and even the post-fall of the Berlin Wall, david as you know, massive, the most heaviest immigration we've ever seen in this country by many, many factors.
00:47:45.655 --> 00:47:50.891
You can go watch a presentation called Gumball Immigration if you want to learn more about that.
00:47:50.891 --> 00:47:51.742
I'll just show you the sheer.
00:47:51.742 --> 00:47:52.865
It's called Numbers.
00:47:52.865 --> 00:47:53.889
You know the Numbers USA.
00:47:53.889 --> 00:47:54.670
Go check that out.
00:47:54.780 --> 00:47:57.387
Now, I did like Gumball Rally, but I'm assuming that this would not be.
00:47:58.269 --> 00:48:02.065
No, that's another grift.
00:48:02.065 --> 00:48:05.768
You know it's all that stuff and you know all that stuff and you know you're right.
00:48:05.768 --> 00:48:06.708
They're not going to invest.
00:48:06.708 --> 00:48:08.548
It's has nothing to do with that.
00:48:08.548 --> 00:48:12.751
We is really what this is truly about and it's a we've got to get in more rich people.
00:48:29.800 --> 00:48:34.172
Maybe he can offer them a special benefits at Mar-a-Lago trial membership or something.
00:48:34.172 --> 00:48:36.148
But it's not about us.
00:48:36.148 --> 00:48:44.322
But it's always great having you on, tony Love your innovative programs there at wise wolf and thank you for sending up David night dot gold to take people there.
00:48:44.322 --> 00:48:47.086
Thank you for sending up davidknightgold to take people there.
00:48:47.086 --> 00:48:53.594
Thank you for your support of the program and you're going to be talking more about this FDR gold scam coming up at the end of this program.
00:48:53.594 --> 00:48:54.655
Tell people where they can find it.
00:48:58.719 --> 00:49:00.971
Go to America Unplugged channel, over on Rockfin or Rumble and then on my X.
00:49:00.971 --> 00:49:01.914
It's at Tony Arterburn.
00:49:01.914 --> 00:49:05.072
We'll be live there, so come find us.
00:49:05.420 --> 00:49:05.865
That's great.
00:49:05.865 --> 00:49:06.880
Thank you so much.