All right, joining us now is Tony Arterman of Wise Wolf, Gold, and Silver.

And, of course, you can get to Tony's website directly, or you can come through mine, David

Knight.gall that Tony has set up to let him know that you came through us.

And Tony, as you're watching Gold, boy, that's having its moment now, isn't it?

But it's, I don't think it's just a moment. I think it's going to be a longer term trend, isn't

it?

Well, it is. And this is, this is going to be one of the biggest stories of our time, really,

the revaluation of all currencies. I was looking at the history of the price of gold.

And it's, you know, you go back to the 1940s when they established the gold standard Breton Woods in 1944 and pegged the dollar as the world's reserve currency is $35 an ounce.

And it stays that way until Nixon takes us off the gold standard in August of

1971. It's $35 an ounce. Of course, David, if you look at the 1970s, you have the Nixon

shock, the inflation, people didn't really understand what was happening. We had inflation, but

that really wasn't part of the American story. That never really been part of our economy before.

You look at the 19th century, the entire 19th century,

there is no inflation whatsoever.

So the end of the 1970s, you have interest rates in the teens.

Gold goes to $850 an ounce in 1980.

And we talk about silver all the time, even $50 an ounce in 1980. And we talk about silver all the time being $50 an ounce in 1980, which is crazy, as you know, because the purchasing price of the dollar has plummeted since then.

So we really don't know the true price of gold.

And all the experts and the mainstream media teleprompter readers and the financial networks that've all been wrong.

They've all said that gold was going to go back and be under $1,500 an ounce or less.

That hasn't happened even with the Fed raising rates.

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