Here's an update.
Haven't found the cause yet.
Timing gears are OK. Dampner is OK.
Tach says the "knock" is between 2000 and 2500 RPM.
Changed to 15W-40 oil. "Knock" is still there but a little bit less loud.
No noise at idle. No noise above 2500 RPM. No noise when cold.
Then again, I don't go over 2000 RPM when the engine is cold...
Put a new clutch in with new flywheel bolts. No change but I needed the new clutch anyway.
Does anyone have an idea what the "knock" could be?