The issue has been happening for a while in the mornings on cold starts. Basically when the truck is warm the sound is still there but very minimal.
There is no oil burning or metal shavings in the oil. The studs on the manifolds all seem to be there also. Behind the main pulley on the belt drive there is a minimal leak developing. (the one that's on the crank shaft)
I actually picked up a mechanic stethoscope just for this but came empty handed as it seems to be coming from the bottom general area. There are a few videos on YouTube that show almost the same sound but no one has gotten back to me yet. Seems common on the 4.7