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The David Knight Show

INTERVIEW Triffin Dilemma & Defunding the "World's Policeman"

The David Knight Show

David Knight

Christianity, Religion & Spirituality, News, Society & Culture, Politics

4.6765 Ratings

🗓️ 27 April 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Tony Arterburn, WiseWolf.gold, on gold, how sanctions have pushed nations to defund the "world's policeman" by moving away from the petrodollar.

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back and joining us on the phone is Tony Arden.

0:09.1

He is so busy because of what is happening with gold that he's not in the office.

0:14.2

And so we've missed a couple of weeks because Tony's been on the road.

0:16.4

So we got him on the phone today.

0:18.8

And it is kind of interesting to see what was happening.

0:21.7

We've got record silver that is happening in terms of setting records in pretty much every category in 2022.

0:32.8

In a report that was released this week by the Silver Institute.

0:36.4

And so a big increase in silver demand.

0:39.3

Of course, there's industrial stuff there as well as people trying to get out of the dollar.

0:44.2

But the big attack is coming from the dollar. And there's a big attack on the petro dollar as well

0:51.4

as reserve currency. Thank you for joining us, Tony. We were just talking about a dilemma that I'd not heard of before,

0:57.5

and you just found out about.

0:58.6

Tell people about this.

1:01.2

You said it was kind of like Gresham's law in terms of good and bad currencies.

1:05.3

But this is about what happens with reserve currency status when that goes away. Thanks for joining us.

1:13.4

Well, thanks for having me, David. And yeah, I've been on the road. I think in the future,

1:18.3

the precious metal dealer is going to be defined by how he can supply his customers. That's

1:24.1

going to be the biggest key to all of this in the future. So I've been working

1:28.1

on setting up another location in North Texas and working out new wholesale relationships,

1:34.2

anything I can do to keep the supply rolling in. And as we see all of this de-dollarization,

1:40.8

that's in the headline. That's mainstream now. Yeah. This is something we were talking about, you know, two or three years ago, but now

1:47.0

mainstream's picking it up.

...

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