Interview: The Treasury Is Quietly Preparing for Gold’s Return

Scott Bessent just called gold a sanctionable asset — the first time the Treasury has said that since 1971 — while Trump simultaneously classified gold as a strategic mineral and the Treasury bought back $4 billion in long-term bonds in what Tony Arterburn of Wise Wolf Gold calls a roundabout QE the Fed didn't authorize. Gold has moved from $4,000 to $4,600 in 60 days, silver is back near $70, and the Volcker option that stopped the last gold spike is off the table: U.S. debt-to-GDP is at 144%, and quintupling interest payments to fight inflation would make debt service larger than Social Security and defense combined. Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases 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 throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[email protected] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.