Fresh & Fit - January 27, 2025


What You Need To Know About Investing In Precious Metals For 2025!


Episode Stats

Length

1 hour and 15 minutes

Words per Minute

159.06912

Word Count

12,076

Sentence Count

1,045

Misogynist Sentences

5

Hate Speech Sentences

7


Summary

In this episode we interview Noble Gold's CEO and Founder, Noble Gold in the House. We talk about the Trump administration, precious metals, the stock market and much more. Noble Gold is a gold and precious metal trader and has been in the business for over 30 years. He has been a long time friend of the precious metals space and has always been a supporter of the bullion bullion market. We discuss the current state of the markets and how they impact gold and other precious metals.


Transcript

00:00:00.000 Thank you.
00:10:21.000 What's up, guys?
00:10:22.000 Welcome to Fresh Your Podcast, man.
00:10:23.000 It's Money Monday.
00:10:23.000 We've got Noble Gold in the house.
00:10:25.000 We're going to talk about the markets.
00:10:25.000 Let's get into it.
00:10:26.000 Let's go.
00:11:18.000 What's up, guys?
00:11:18.000 Welcome to the Fresh Fit Podcast, man.
00:11:20.000 It's Money Monday.
00:11:20.000 We are going a bit sooner than usual.
00:11:23.000 We got a special guest in the house, man.
00:11:24.000 We got noble gold in the house.
00:11:26.000 We're going to be talking about gold, precious metals, the markets.
00:11:29.000 Obviously, I think this is the first interview we've done so far since the new administration came in.
00:11:33.000 Yes, with Trump in office.
00:11:34.000 So welcome to the show, man.
00:11:36.000 Thank you.
00:11:37.000 Good to be here.
00:11:38.000 Excited.
00:11:39.000 I know you guys were at the inauguration, so I'm sure that was exciting to be out there.
00:11:45.000 Yes, it was.
00:11:46.000 A lot going on over there.
00:11:47.000 Especially a lot of gold talk as well from Trump.
00:11:50.000 Yeah.
00:11:51.000 Well, you heard some speeches that I don't think the general public heard because you were in some VIP events.
00:11:57.000 But yeah, I know he's been a big fan of gold.
00:11:59.000 He likes alternative currencies.
00:12:01.000 He's been talking a lot about crypto.
00:12:05.000 But no president has really acknowledged gold in a long time.
00:12:08.000 So we'll see if he's the first one to really talk about gold.
00:12:12.000 And I hope...
00:12:14.000 Put a little gold in the reserves, add a little gold, like some of these other countries have been doing for a long time.
00:12:20.000 Let me try in his impersonation.
00:12:23.000 Oh, you know, America's back.
00:12:25.000 And the gold supply is in a surplus.
00:12:28.000 Biggest we've ever had in history.
00:12:33.000 I was trying, let's try.
00:12:38.000 I mean, he said it's the golden age.
00:12:40.000 That's the one thing in the inauguration I did hear him say.
00:12:44.000 Yeah, I mean, I think, you know, when you look at, you know, he's looking to get us back to where we were, make us a strong country.
00:12:55.000 And he's come out firing the first few weeks in office, doing a lot of things.
00:13:00.000 And, you know, he sent that plane to Columbia.
00:13:04.000 You know, he's using this tariff angle to hopefully, you know, push some of his agenda through.
00:13:12.000 And so I have some ideas about how that's going to affect the economy.
00:13:15.000 But yeah, no, it's, you know, beginning of the year, gold's still, you know, trading close to 2,700.
00:13:22.000 Silver's just below $30 an ounce, right around $30 an ounce.
00:13:26.000 So everything on the precious metals side has been currently just kind of holding firm.
00:13:31.000 But there's a lot of potential based on some of the things that we're anticipating to happen this year.
00:13:39.000 And yeah, today we had a massive pullback of the stock market.
00:13:43.000 And I've been saying this for a long time, that the stock market, most of the wealth, it's too narrow.
00:13:49.000 There's just too few companies pushing the wealth in the stock market.
00:13:53.000 It's basically seven tech companies.
00:13:55.000 So NVIDIA today, there's a company that comes out with a chat GBT. And they, you know, come out, people are testing it.
00:14:05.000 Looks like the product works.
00:14:06.000 I tested it today.
00:14:07.000 It worked great for me for the things that I, you know, for marketing and some of the things I gave it some prompts.
00:14:13.000 And it costs, to run that product, it costs 3% of what ChatGBT costs because ChatGBT has all these expensive computers and infrastructure.
00:14:24.000 And this new one, it doesn't require many of those things.
00:14:28.000 It's much more cost-effective.
00:14:30.000 So they released it for free.
00:14:32.000 And this one premise, this one idea, pulled down the whole stock market.
00:14:38.000 I mean, NVIDIA was down 17%, but the whole stock market was pulled down.
00:14:42.000 And that would never happen 30 years ago, 20 years ago.
00:14:47.000 But when you have a lot of the wealth built into these seven companies, One of them having a big major hit or looking like they're not going to be as strong can bring the whole stock market down.
00:15:00.000 And that's what happened today.
00:15:01.000 So that was a pretty interesting development.
00:15:05.000 And then obviously coming into this week is Jerome Powell.
00:15:08.000 There's a Federal Reserve meeting where he's going to talk about rates, if they're going to do any rate cuts or not do rate cuts.
00:15:16.000 So there's a lot of anticipation about that meeting that's supposed to happen this week.
00:15:22.000 Yeah, there's a lot of things potentially could happen in this administration.
00:15:26.000 Tariffs are a big conversation.
00:15:28.000 He's been talking about it for months and months.
00:15:32.000 And I just look at it from an investor point of view and say, well, how does that affect me?
00:15:38.000 How does that affect investors?
00:15:40.000 And tariffs day-to-day will just make a lot of the goods that we buy more expensive.
00:15:48.000 I mean, that's really what it is.
00:15:50.000 And I think the confusion people have is they think if something is shipped over here from China, they think China pays the tax.
00:15:58.000 And that's not the way that it works.
00:16:00.000 Basically, if you ship an item, if we have a 10% tariff from items from China, and you ship it here in the US, once it gets here to the US, you're going to pay a 10% tariff to the US government.
00:16:12.000 So it's the importer that's going to pay the tax.
00:16:16.000 And then they're going to pass that 10% on to the consumer.
00:16:21.000 So we'll see if he does move through some of these things.
00:16:26.000 He's talking about doing it with Mexico.
00:16:27.000 He's talking about doing it with Canada.
00:16:29.000 If he does it with Mexico, 80% of the silver that we get here in the U.S. comes from Mexico.
00:16:36.000 So if he does a tariff on Mexico, that means our costs on raw silver would go up by 25%.
00:16:45.000 And on many other items, too.
00:16:47.000 So there's a lot of trickle-down that could happen with tariffs, and it could make things more expensive, and I believe it would increase inflation, at least in the short term.
00:16:59.000 So for somebody watching for the first time, I guess with Trump being in office, what has it done for gold and silver in general?
00:17:07.000 Yeah, I mean, everything's held firm.
00:17:10.000 Nothing has really changed in the gold and silver market.
00:17:13.000 Gold's exactly where it was, maybe up $20 since he got inaugurated.
00:17:18.000 Silver's basically the same.
00:17:21.000 Right after the election, there was the Trump bump in crypto and in the stock market.
00:17:28.000 And gold and silver did pull back a little bit temporarily.
00:17:31.000 But once it hit a certain number, the buying jumped back in.
00:17:37.000 And so the market's held pretty firm.
00:17:40.000 So I think what people need to look at is where are people investing and what are they looking at for this year?
00:17:48.000 And I think that definitely the stock market is volatile.
00:17:53.000 People don't know where it's going to go.
00:17:55.000 I don't think there's the same level of confidence.
00:17:57.000 And I think the 10-year treasury, the bond market is saying that.
00:18:00.000 I mean, the 10-year treasury today is the same price it was in 2008. So if you look at that, and everybody remembers what happens after 2008, we had a full stock market collapse, obviously credit crunch, all the problems we had in 2008 to 2009. So the bond market is saying, we're still going to have problems, we're still going to have inflation.
00:18:25.000 So even though there's a lot of optimistic ideas, we still need to get through some hurdles here, and there's a lot of things that he's going to have to get through to make it To make it better for us day to day.
00:18:40.000 So yeah, there hasn't been much of a push yet, but most of the people out there that are in the precious metals world think gold's going to do okay, but silver, and I know you guys like silver, silver's going to do great.
00:18:52.000 I'm projecting a 14 to 18% uptick this year, and that would be if we didn't have any kind of black swan events.
00:19:01.000 Just on the conservative side, I would say that that's what they're sort of targeting, which...
00:19:05.000 Which I think will probably outpace gold this year.
00:19:08.000 Just price is right.
00:19:10.000 The demand is really high.
00:19:12.000 You know, solar panels, electric vehicles.
00:19:15.000 It's everything I get into in my book.
00:19:17.000 Silver is the new oil.
00:19:18.000 I talk about these things in detail.
00:19:20.000 But I really dive into the opportunity in silver.
00:19:24.000 And, you know, similar like you guys, when you guys see an opportunity, you pounce on it.
00:19:29.000 You know, my book is really geared.
00:19:30.000 The idea is that silver isn't going to replace oil.
00:19:35.000 The idea is that silver, the commodity, the opportunity today is like oil was in the late 1800s, that basically the opportunity is there.
00:19:47.000 And everybody remembers in the late 1800s, early 1900s, that's where a lot of the incredible wealth was built in this country.
00:19:54.000 I mean, the Gettys, for example.
00:19:55.000 I mean, the Gettys family made so much wealth that there's still people living off that wealth today, right, for the oil business and later in the real estate business.
00:20:04.000 But overall, like, that's some of the things that I really dive into in my book.
00:20:11.000 Is that I just think there's just an incredible opportunity.
00:20:13.000 And I think we're going to go through a super cycle in terms of assets.
00:20:16.000 I think things that are on paper, things that don't actually have utility are not going to do well.
00:20:23.000 And things that have utility and things that are necessities are really going to thrive in this next economy.
00:20:30.000 And those are some of the things that I dive into my book, which just came out a few weeks ago.
00:20:35.000 And it's on Amazon, right?
00:20:36.000 Can we bring it up on the screen?
00:20:37.000 It's on Amazon, yeah.
00:20:38.000 Quick read.
00:20:40.000 Really just get into some of the fundamentals of silver.
00:20:45.000 And then I just give some ideas of how to structure wealth the way that I've structured wealth is in an alternative way.
00:20:54.000 I haven't gone the normal route of just putting everything in the stock market and just buying certain assets.
00:21:02.000 I really believe that you need assets like gold and silver.
00:21:05.000 And you need to have businesses to protect yourself.
00:21:09.000 There's the only way I believe that you can create long-term wealth because I think a lot of the assets, the old assets, real estate and stocks are overpriced.
00:21:22.000 And I think we're going to go through a real problem over the next five to 10 years in some of the traditional assets.
00:21:27.000 So I talk about going the alternative route in my book.
00:21:31.000 And that's really how I've built the majority of my wealth is not going the normal path, the kind of the safer path, and just finding opportunities that you can create, you know, super cycle kind of wealth, wealth that can last a long time and through generations.
00:21:46.000 While I was in D.C., I met a guy that was actually very close to Elon.
00:21:50.000 You spoke about AI becoming a prominent thing, especially this year.
00:21:53.000 And silver is going to be definitely a demand because AI uses silver in certain components.
00:21:58.000 So you mentioned silver is a new goal, basically, for people that want to get into investing right now.
00:22:02.000 So that's a very good point, actually.
00:22:03.000 Yeah.
00:22:04.000 Yeah, no, absolutely.
00:22:07.000 AI is obviously the future in so many different ways.
00:22:11.000 But there's components to that.
00:22:14.000 It just can't survive on its own.
00:22:17.000 So you have to have silver as a component of AI. And obviously, they're saying in the next 10 years, it'll be a $14 or $15 trillion industry.
00:22:26.000 So it is exciting to have silver as a part of that growth story.
00:22:30.000 But pretty much anything we're doing today...
00:22:33.000 That is long-term, the new ideas, silver plays a big part of it.
00:22:39.000 So you got solar panels, electric vehicles, all the electrical components that we're talking about today, silver paste and all those technology, mesh is used in a lot of medical devices.
00:22:49.000 So it really touches and feels a lot of industries.
00:22:53.000 And that's why I sort of make the comparison that it's similar to oil, because oil is like that too.
00:22:58.000 It's just, it's so rampant in our life.
00:23:01.000 And it's such a big part.
00:23:04.000 I don't know if you guys have seen that new show Landman with Billy Bob Thornton.
00:23:07.000 He kind of talks about how oil is just not something you can ever completely get away from.
00:23:14.000 But I do think that silver is going to replace some of the uses, and I make my case for that analysis in my book.
00:23:22.000 Okay.
00:23:23.000 Lovely.
00:23:25.000 Anything?
00:23:26.000 Oh.
00:23:28.000 Can you now hear me?
00:23:29.000 Yeah.
00:23:29.000 No, we can't hear you.
00:23:32.000 One sec.
00:23:33.000 Let's do chiles for now, Bills, if you don't mind.
00:23:37.000 And then we'll get into terrorists and some more stuff about goal.
00:23:41.000 One sec here.
00:23:44.000 First try, Bills?
00:23:46.000 Cool.
00:23:48.000 What's that, guys?
00:23:50.000 Test, test, test.
00:23:51.000 All right, I think my mic is good now.
00:23:52.000 Good to go?
00:23:53.000 Okay, yeah.
00:23:53.000 I don't know what happened there.
00:23:58.000 All right.
00:23:59.000 All right, fresh updates, WFNF. Appreciate that, man.
00:24:01.000 Shout out to you, bro.
00:24:02.000 Thank you.
00:24:04.000 And then NavSync says, silver is trash.
00:24:07.000 Even Robert Kiyosaki said he sold all his silver for BTC by Bitcoin.
00:24:10.000 What's your response to that?
00:24:13.000 I'm shocked by it.
00:24:14.000 Is that an actual clip of Robert Kiyosaki?
00:24:18.000 You know, it's kind of interesting that he says that because when we interviewed Robert Kiyosaki, he was actually pro-silver.
00:24:23.000 Yeah, I have a hard time believing that that's an actual clip.
00:24:26.000 Yeah, Nav, we actually had Robert Kiyosaki on and he literally said that, you know, if things ever go down and, you know, the world's ending, like silver is actually what you want to have.
00:24:35.000 Yeah, that's why I've seen some of those clips, but I have a hard time believing that he says that.
00:24:41.000 I mean, he owns silver mines.
00:24:44.000 So, I don't know.
00:24:47.000 Unless, you know, maybe something happened, you got hit on the head.
00:24:52.000 But, you know, he's been a silver bull for a long time.
00:24:56.000 And, you know, I'm surprised that anyone has seen gold and silver.
00:25:02.000 I've seen him in thousands of interviews.
00:25:03.000 He's always talking about gold and silver.
00:25:04.000 But, listen, I get it.
00:25:06.000 I mean, it's the bull run in Bitcoin is there.
00:25:12.000 I still don't understand.
00:25:14.000 At the end of the day, I understand a lot of cryptos.
00:25:17.000 I look at cryptos.
00:25:18.000 I have a crypto trading platform.
00:25:20.000 But at the end of the day, Bitcoin, what utility?
00:25:24.000 That's what it comes down to.
00:25:25.000 And silver does have utility.
00:25:27.000 So as much as I love speculative assets and there's been a lot of money made, there will be a lot of money made in crypto and Bitcoin and a lot of those coins.
00:25:36.000 You still have to have other things.
00:25:38.000 You've got to be diversified.
00:25:40.000 I don't think...
00:25:41.000 All in on any investment is a good strategy.
00:25:45.000 I remember that crypto winter where people were devastated and people couldn't survive.
00:25:54.000 People that were living off crypto, they were down 80%, 90% in some of their cryptos.
00:25:59.000 Listen, I think anyone can have a change of heart, but...
00:26:02.000 I don't know if you could just have all your eggs in that one basket and feel comfortable.
00:26:09.000 Because I do think that at the end of the day, markets change, perceptions change.
00:26:17.000 And even with gold and silver, I'm diversified.
00:26:19.000 I have other assets too.
00:26:21.000 So it's hard for me to believe that anyone like him that's built a lot of his wealth on real estate and assets would just kind of turn.
00:26:30.000 And turn their back on something that's done so well for them.
00:26:32.000 I think he's just trolling, bro.
00:26:33.000 Honestly, I wouldn't take it too seriously.
00:26:35.000 I think he's just trolling because I remember when we've talked with him in interviews I've seen, he's always been very pro-precious metal.
00:26:41.000 He advocates for silver more than gold because silver is actually something you can barter with versus gold you hold on to.
00:26:46.000 Right.
00:26:47.000 Yeah, I think he's just trolling, bro.
00:26:48.000 I think if he's real, he probably got paid to do it, in my opinion.
00:26:51.000 Could be, yeah.
00:26:52.000 Could be some clickbait stuff.
00:26:53.000 I mean, listen, a lot of people are jumping on that bandwagon now.
00:26:59.000 You know, I always say this, listen, it could go to the moon, it could go to a million, you know, it could go down, but I always look at it this way.
00:27:05.000 If in 10 years, there's no crypto, like Bitcoin was gone, I don't know how, would people be completely surprised?
00:27:14.000 I don't know if they would be, but I know for a fact, if gold and silver were not around, they'd be surprised.
00:27:19.000 And so, you know, you got to have some assets that are really safe.
00:27:23.000 You got to have some assets that you feel comfortable with.
00:27:26.000 And, you know, our clients, When they get gold and silver and they, you know, put in their safe and they have it, they feel more comfortable.
00:27:32.000 They have some control in their life.
00:27:34.000 And that's the one thing that you're never going to have with those cryptos.
00:27:37.000 I mean, you can't, you know, you can't put it in your hand.
00:27:40.000 You can't hold it.
00:27:41.000 You know, this is, you could take this anywhere in the world and it has value.
00:27:46.000 And, you know, there's always going to be those issues with crypto in terms of will people accept it?
00:27:52.000 Will they want it?
00:27:54.000 You know, in some ways it's still digital.
00:27:56.000 It's not.
00:27:58.000 You know, the end all be all in terms of currency.
00:28:00.000 And so those are the things you have to kind of keep in mind when you're doing this.
00:28:04.000 And I think ultimately, most people, when they're investing, they got to have some assets they feel really safe and good about.
00:28:12.000 And look, I mean, it's like, you know, when you when you have any business, you're going to have some stuff that's you're going to hit some rocket ship and some home runs on and you want some singles and doubles.
00:28:21.000 And for me, I like having a lot of singles and doubles in my in my portfolio.
00:28:29.000 I got a question.
00:28:30.000 What are your thoughts on, obviously, Trump is anti-war, right?
00:28:33.000 We know that when conflicts are around, precious metals go up in value.
00:28:37.000 Do you foresee the price of precious metals potentially going down off of conflict resolution?
00:28:43.000 Well, his strategy is economic coercion, right?
00:28:47.000 That's why we're talking about tariffs.
00:28:48.000 That's how he typically wants to resolve issues.
00:28:51.000 And I think it's a good strategy.
00:28:53.000 Yeah, I mean, it's one element that, you know, I hope that he'll avoid, you know, any kind of conflict over the next four years.
00:29:04.000 But you can't stop what's happening globally.
00:29:07.000 I mean, the Russia-Ukraine war is still happening.
00:29:10.000 There's everything happening in the Middle East.
00:29:12.000 I mean, there's wars happening all over the world, which we're not always involved in.
00:29:16.000 So, yeah, I mean, I think, you know, really the war that he's going to have to tackle, the biggest thing he needs to tackle, if he really wants to fix anything, is to fix our debt.
00:29:27.000 If he can get a situation where we can spend less or even at par from what we bring in, that would be the greatest achievement in his presidency, is to balance our budget.
00:29:41.000 Right now, we create $1 trillion in debt every 90 days.
00:29:48.000 You know, that's the biggest war that we have in this country, and that's the biggest wealth transfer moment that he could have, is create more of an even playing field for regular people.
00:29:59.000 You know, the debt transfer, all this debt is a win for the top 1%, for the wealthy.
00:30:05.000 They know how to leverage on debt.
00:30:08.000 Regular people don't.
00:30:09.000 So it's one of those things where if we could get our currency under control, where we're not...
00:30:16.000 In a situation where the whole world is de-dollarizing and trying to get away from our currency, that would be the biggest accomplishment as a president.
00:30:25.000 I think that, yes, there's other things that he's going to get done, but I am concerned more than anything about our debt and the idea that eventually people will stop buying our treasury bonds, that people won't loan us money.
00:30:41.000 Those are things that we really have to be careful of.
00:30:44.000 We are the world's reserve currency.
00:30:46.000 It does give us a strategic advantage, but nothing's to say that we could lose that status.
00:30:52.000 Eventually, maybe we're not the world's reserve currency, and then what happens?
00:30:55.000 So I think that there's more to the strength of precious metals than...
00:31:02.000 Just, you know, that it's a safe haven in wars.
00:31:05.000 It's also a safe haven from the stock market.
00:31:07.000 And our stock market's almost near an all-time high at this point.
00:31:11.000 And as I mentioned, a lot of the wealth in the stock market is built into, you know, seven or eight tech companies, which makes me nervous.
00:31:19.000 So I think it's...
00:31:21.000 Can you explain why it being put into the tech companies has you a bit nervous?
00:31:26.000 Can you explain that to the audience real fast?
00:31:28.000 Well, yeah.
00:31:28.000 I mean, it's not just tech companies.
00:31:30.000 It's just...
00:31:31.000 The amount of companies, right?
00:31:35.000 If you go back to the 1970s, in our stock market, they had a thing, it's called the Nifty 50. And so there was 50 companies that really dominated the stock market.
00:31:44.000 And they're names that you know, like IBM and Xerox, like household name companies.
00:31:49.000 And that's a safer market.
00:31:52.000 Right?
00:31:53.000 The 70s.
00:31:54.000 Because you have 50 companies that have the majority of the wealth.
00:31:57.000 Now we have seven companies.
00:31:59.000 So when you say that the risk is diversified, it's not today.
00:32:03.000 It used to be because there was more companies.
00:32:06.000 The market share was spread out.
00:32:09.000 And so I think what it comes down to is it's just a diversification of risk, right?
00:32:14.000 When you look at it as a whole and you go, wow, look at this market cap of NVIDIA. And you compare that to the 100 companies below it, I mean, they have the majority of the market cap in terms of the stock market heavily weighted.
00:32:29.000 So if those top seven have a bad year, the stock market can be down 30%, 40% pretty easily.
00:32:37.000 So that, for me, doesn't feel like a security blanket.
00:32:42.000 You know, you hear out that the stock market's safe and everything's going to be fine.
00:32:47.000 Those are the things that don't make me feel comfortable.
00:32:49.000 So, also, you have the real estate market.
00:32:52.000 You guys are into real estate.
00:32:54.000 I mean, the Fed lowered interest rates last year at 100 basis points, right?
00:33:00.000 They used to be able to drop interest rates like that, and the market would drop.
00:33:05.000 Interest rates would drop.
00:33:06.000 But they didn't.
00:33:06.000 What happened to interest rates?
00:33:07.000 They actually went up.
00:33:09.000 So that's a sign to the market that basically saying like inflation is still here, they're still buying these bonds, and they weren't able to reduce the 30-year mortgage.
00:33:18.000 They weren't able to get rates down.
00:33:19.000 The 30-year mortgage actually went up.
00:33:21.000 It's over 7%.
00:33:21.000 Those are pretty scary signs that we're economies in a bad place because if the Fed doesn't have that tool anymore, their options are much more limited in how they can affect the economy.
00:33:36.000 A lot of people believe this year they might even raise rates.
00:33:39.000 And real estate's already in the toilet right now.
00:33:41.000 If they raise rates, I mean, it could get really bad.
00:33:44.000 I mean, this could be really dangerous.
00:33:46.000 And people out there that are borrowing money, corporations that are borrowing money, they don't want rates to go up.
00:33:52.000 But if inflation continues to go up, the last inflation report was at 2.7%.
00:33:56.000 If inflation keeps moving up, they're going to be forced.
00:34:00.000 They're going to have to raise rates.
00:34:01.000 So I think that there's some pretty concerning factors out there.
00:34:07.000 And this is all what President Trump is going to have to combat in his first year.
00:34:14.000 And these are difficult times to come in.
00:34:17.000 Tremendous heavy debt, high interest rates, you know, a lot of signs of potential recession that are out there.
00:34:25.000 And all that will trickle down to the day-to-day consumer.
00:34:29.000 And, you know, things are going to get more expensive.
00:34:31.000 And, you know, these are things that people have to think about.
00:34:34.000 So that's why I think that, you know, silver will be the big winner this year.
00:34:39.000 I think that you're going to see some pretty big gains in silver.
00:34:42.000 It hasn't moved up as much as gold has moved the last few years.
00:34:46.000 The silver to gold ratio is at a 90 to 1. So it costs 90 ounces of silver to buy one ounce of gold.
00:34:53.000 If you go back the last 100 years, that ratio was like 50 to 1. So even if gold didn't move up $1, that means silver would be in the few hundred dollar range today.
00:35:04.000 So there's some pretty interesting signs for silver and then just solar panel growth, demand.
00:35:11.000 So I think it's a pretty exciting year for silver.
00:35:15.000 So I think silver is going to hit 35, 36 this year pretty easily.
00:35:20.000 And that's unless we don't have that black swan event, then I think it'll move much higher than that.
00:35:26.000 Now, interesting perspective there that, you know, the seven tech companies that you mentioned, between that not being diversified enough, in your opinion, and the interest rates going up with real estate, you know, these can all be, I guess, catalysts for increasing the value of silver.
00:35:42.000 I didn't look at it that way.
00:35:44.000 And when you're talking about these seven companies, we're talking about the tech companies, right?
00:35:47.000 Correct.
00:35:47.000 Yeah, exactly.
00:35:48.000 Yeah, the big seven.
00:35:50.000 Yeah, it's...
00:35:51.000 This is the year of the wealth transfer.
00:35:54.000 I mean, you saw what happened in the LA fires.
00:35:56.000 You know, that's a massive transfer of wealth that's going to happen.
00:36:01.000 You know, I'm in the Los Angeles area, so I know people already.
00:36:05.000 A lot of those lots are selling.
00:36:07.000 You know, people are just saying, forget it.
00:36:09.000 I can't wait 40 years.
00:36:11.000 So a lot of people that bought good real estate in a good area.
00:36:17.000 But just don't have the ability to hang on, are being forced to sell.
00:36:22.000 And corporations are going to come in.
00:36:25.000 Wealthy people are going to come in and buy those lots.
00:36:27.000 It's a massive transfer of wealth.
00:36:29.000 And I think the government's going to buy some of those lots, too.
00:36:33.000 And start to push some of their agenda by acquiring some of those lots here.
00:36:38.000 But yeah, I mean, these are the interesting things that happen, horrific things that happen where people are put into a really bad situation and then they lose their biggest asset, right?
00:36:52.000 For most people, their home was...
00:36:54.000 Retirement, too.
00:36:55.000 Retirement, I mean, everything.
00:36:57.000 Everything that they were kind of building towards.
00:36:59.000 And now, you know, you're beholden to the government that, let's be honest, they should have protected those people in those areas in a much better way.
00:37:09.000 I mean, California has the highest tax.
00:37:12.000 California and New York have the highest state tax in the country.
00:37:14.000 So how could they not protect these two areas?
00:37:18.000 These people are paying massive taxes plus property taxes.
00:37:22.000 Like, how do they not protect these citizens from this wildfire that they knew about?
00:37:27.000 That they knew.
00:37:28.000 I mean, it was no mystery.
00:37:30.000 So these things are happening.
00:37:32.000 And I hate to sound like a conspiracy theorist, but it just it feels like there's an agenda there to take assets away from people.
00:37:41.000 And really, in this new economy, assets are the key.
00:37:45.000 You know, they're really the key to everything.
00:37:47.000 And you have to have assets under your belt to protect yourself against, you know, these kind of horrific situations.
00:37:56.000 But yeah, I'm seeing just terrible things happening.
00:38:00.000 I'm hearing real estate guys coming in and making little ball offers and all these things happening.
00:38:07.000 It's the wild, wild west.
00:38:08.000 That's what's going to happen.
00:38:09.000 Some people need money.
00:38:10.000 They don't want to wait.
00:38:12.000 They don't want to wait for the insurance.
00:38:14.000 They're just going to sell early and get out.
00:38:17.000 Unfortunately, some of those people are going to get taken advantage of and they're going to lose a pretty valuable asset.
00:38:24.000 Ultimately, at the end of the day, you're going to have to live somewhere anyway.
00:38:28.000 I think there's a lot of these things happening where they're trying to shift assets away from regular people.
00:38:34.000 That's why I was saying this increase in interest rates, the movement of the money, it's really you have to protect yourself with real things.
00:38:44.000 That's why these things are so valuable so you can weather the storm of some of these catastrophes that are happening out there.
00:38:54.000 So it's a pretty unnerving time in the economy, in my opinion.
00:38:58.000 For somebody watching that wants to protect themselves from what's happening or what's coming pretty soon, how should they, I guess, disperse their wealth?
00:39:07.000 Obviously, you're recommending precious metals, but in your humble opinion, how should they prepare for what's coming next?
00:39:14.000 Yeah, well, I think there's a few different ways.
00:39:17.000 Number one, you have to have the ability to withstand the storm.
00:39:23.000 So whether you have precious metals or you have some cash, you need to have some ability to ride things out during this kind of time.
00:39:32.000 So you need to have reserves in place.
00:39:34.000 You need to be able to access capital so you can see if there's any opportunities around.
00:39:40.000 The other thing that you have to do to protect yourself just overall is you need to be diversified into other assets.
00:39:47.000 I mean, people forget.
00:39:48.000 The stock market went through two really tough years.
00:39:52.000 Real estate's been down for at least two years.
00:39:54.000 I think we have another two years.
00:39:56.000 So, if you had all your money in the stock market during those two years ago and you were in trouble and you needed money, you were selling stocks at a reduced price.
00:40:05.000 Now, if you have your money in real estate...
00:40:07.000 And all of it's in real estate and you have to sell.
00:40:09.000 You're selling at a reduced price.
00:40:10.000 So it's really good to be diversified.
00:40:12.000 That's why I think having assets like gold and silver are really important because there's no debt behind these assets.
00:40:18.000 So if you found an opportunity today, you could liquidate these and acquire assets.
00:40:23.000 Real quick, Colin, where should I buy gold nowadays?
00:40:27.000 Like, where should I buy gold and silver?
00:40:28.000 Yeah, I mean, Noble Gold is...
00:40:30.000 I think we are unique in that we sell bullion coins and bars.
00:40:37.000 We're getting them at unbelievable prices.
00:40:39.000 We've done $2 billion in sales over the last eight years.
00:40:43.000 So we've sold a lot of gold and silver.
00:40:45.000 So we get it at a tremendous price.
00:40:47.000 And we really have simplified it into the products that have the highest weight, the highest purity, and the ones that you can sell back anywhere in the world, including back to us.
00:40:58.000 But you're not going to get into any funny coins that are so specific that you can't sell them.
00:41:03.000 So we really...
00:41:05.000 Pride ourselves on focusing on products that you can liquidate anywhere in the world, but are going to get you the most value and the most bang for your buck.
00:41:12.000 So I would say with us, if you're looking for a dealer that has a two-way street you can buy and sell, I think Noble Gold is really the only choice.
00:41:23.000 What if I don't want to have physical gold, I just want digital?
00:41:29.000 Yeah.
00:41:30.000 We can store it for you.
00:41:32.000 I think the thing when people say that to me, and I understand it, is you can buy gold on the stock market.
00:41:39.000 It's fine.
00:41:39.000 But you're not buying real gold.
00:41:41.000 And you're just buying a share of a company.
00:41:44.000 So we can store gold and silver for you in our Texas depository.
00:41:50.000 It's segregated.
00:41:50.000 But you're still going to get the same gold and silver that we would ship to you.
00:41:53.000 And in my opinion...
00:41:55.000 That's the only way to do it.
00:41:57.000 Because the only way to know that you actually own it is that it's real gold and silver.
00:42:02.000 If you buy it digitally, you're just buying a fraction.
00:42:05.000 And what people don't realize a lot of times is they think, oh, I'm getting it at a good price.
00:42:10.000 But if you buy fractionally every month, you're going to end up paying way more money than if you buy it in full at one time.
00:42:17.000 Because what these companies do is like fractional stocks.
00:42:20.000 They charge you a fee every time.
00:42:22.000 And then when you sell, they're charging you a fee every time.
00:42:25.000 So those fees over months and months and years and years end up being 10, 20, 30, 50 times more than what a dealer like me would charge you.
00:42:34.000 So it's important, in my opinion, to buy full ounces of silver.
00:42:39.000 And, you know, even with gold, you can get down to a gram or five grams, buy the whole thing.
00:42:44.000 That's how you're going to get the most value and really know that you have what you're buying.
00:42:49.000 And at the end of the day, I think that there's so few assets you actually control in your life.
00:42:55.000 And this asset, you own it and you control it.
00:42:59.000 And so, yeah, you could go the digital way and it's easy.
00:43:03.000 But sometimes having like the real thing.
00:43:07.000 In times of, you know, difficult times, times of desperation, you're going to want the real thing and not the digital form of something, if that makes sense.
00:43:15.000 Right.
00:43:15.000 No, I get what you're saying.
00:43:17.000 Real quick, we have some chats here.
00:43:19.000 Some very good questions.
00:43:20.000 Someone asked about converting gold to silver.
00:43:22.000 Is it worth it?
00:43:24.000 I would do it.
00:43:25.000 Yeah, it depends.
00:43:26.000 I mean, we've had that.
00:43:28.000 I don't know if I mentioned this to you.
00:43:29.000 We've had a lot of that happening over the last 12 months, but we had specifically a client last year.
00:43:35.000 That bought gold from us right at the beginning of the pandemic and then converted their gold to silver and they had made a significant profit, a high six-figure profit.
00:43:45.000 Really?
00:43:46.000 Yeah, they moved their gold into silver because they believe that silver's got a lot of room to run.
00:43:52.000 So I think if you've had a big profit and you believe silver, it's a good idea.
00:43:58.000 If you just got into gold, I wouldn't do it.
00:44:01.000 I think you should just add more silver.
00:44:03.000 But if you had a big profit in gold and you're like, hey, I doubled my money, what do I think could double next?
00:44:09.000 I think going into silver makes a lot of sense.
00:44:11.000 Okay, so that was USA Madiacs.
00:44:13.000 Should I be converting my gold to silver?
00:44:15.000 And the Egon's A says, where would you buy silver and gold?
00:44:17.000 What do you think about Costco Gold and WCostco WFNF? Costco's fine, except that you can't sell back to Costco.
00:44:25.000 And what people don't realize is that when you end up selling gold back, if you didn't buy and sell with the same dealer, They can charge you anything.
00:44:35.000 And so I've seen people get 20% below the market price on a liquidation.
00:44:41.000 And so it might feel good to buy it from Costco because it's kind of easy and you buy your TV and then you get your ounce of gold.
00:44:49.000 But we're selling the same products.
00:44:51.000 We know what products people are buying.
00:44:53.000 And I think that you're going to want a two-way street.
00:44:55.000 And also, you want someone that specializes in these things, which is what we do.
00:45:00.000 So, yeah, I mean, if you want to buy, you know, six tubs of ice cream, I'd say go to Costco.
00:45:06.000 But if you want to get into somebody that really does this every day, I think you buy from a dealer, you know, someone like us.
00:45:12.000 It's funny.
00:45:13.000 So I buy jewelry sometimes, and I found that if I buy jewelry with a relationship, it goes way further.
00:45:19.000 So for example, I could buy jewelry from one jewelry store, right?
00:45:22.000 But I don't know them that well.
00:45:23.000 But if I build that connection with somebody, if I buy jewelry today, four months later, I go back to that person.
00:45:28.000 Oh, I know you, bro.
00:45:29.000 Like, we did business together.
00:45:30.000 I'll give you a good deal on that.
00:45:32.000 So that makes sense.
00:45:32.000 Yeah, exactly.
00:45:33.000 You're going to get a better deal.
00:45:35.000 You're going to get a better buyback.
00:45:36.000 Yeah, I mean, it's all relationship business and also just the trust.
00:45:40.000 There's a trust level that we've built.
00:45:43.000 We've shipped.
00:45:44.000 We've sold over $2 billion.
00:45:46.000 We've shipped over $1.2 billion.
00:45:48.000 We've been doing this for a long time.
00:45:50.000 We get great prices.
00:45:51.000 We know what the products to buy are.
00:45:54.000 We test everything.
00:45:57.000 I've seen horror stories where people bought off eBay or they bought off these places and they're, oh my God, the price is good.
00:46:02.000 And then they buy it.
00:46:03.000 They don't get it checked.
00:46:04.000 And then five years later, they find out that it's fake.
00:46:07.000 So these are things that if it's too good to be true, it typically is.
00:46:13.000 So you want to buy from someone that's a specialist in the business.
00:46:16.000 How can you tell when gold is fake or real?
00:46:20.000 You can test it.
00:46:21.000 You can get it tested.
00:46:22.000 We have machines at our depositories that test it.
00:46:26.000 You know, I think last time I met with you guys, I brought this in.
00:46:29.000 You can also typically tell by the weight.
00:46:32.000 Yeah, the weight, especially like if you held this, this is heavy.
00:46:36.000 You know, this is 2.2 pounds.
00:46:39.000 Yeah, you can feel the weight.
00:46:41.000 But yeah, I mean, listen, there's people that got taken advantage of, and that's another reason you want to go with a reputable dealer.
00:46:48.000 There are horror stories of people that bought, you know, I've heard stories of people, oh, I got 10 ounces of gold and I got it below the spot price and I got this and I got that.
00:46:56.000 And it turns out that, you know, nine were real and one was fake.
00:47:00.000 And well, guess what?
00:47:02.000 That deal didn't turn out so great for you.
00:47:04.000 So, you know, penny wise, pound foolish, right?
00:47:08.000 You got to be smart.
00:47:10.000 But yeah, we test everything.
00:47:11.000 We, you know, verify everything.
00:47:13.000 We buy from all the large mints too.
00:47:15.000 You'll know that you're getting the real deal when you buy from us.
00:47:19.000 Okay.
00:47:19.000 Makes sense.
00:47:21.000 We got more chat set of bills?
00:47:23.000 No?
00:47:24.000 No.
00:47:24.000 Okay.
00:47:25.000 So I guess what I want to bring up is, let's say I'm looking in the market.
00:47:30.000 I want to get gold and silver.
00:47:32.000 I buy from you.
00:47:33.000 When should I sell my gold and silver?
00:47:35.000 Yeah.
00:47:35.000 Great question.
00:47:37.000 Yeah.
00:47:38.000 No, I think there is a time to sell it.
00:47:40.000 I think that what you have to look at is...
00:47:43.000 Where the market is at that point.
00:47:45.000 And I think that the time to sell it would be when our currency is looking good again, when our debt is under control, when our spending is under control.
00:47:56.000 Because at the end of the day, a lot of the reason you're buying gold is you're protecting yourself against our fiat money.
00:48:01.000 You're protecting yourself against the dollar.
00:48:03.000 You're protecting yourself against our debt.
00:48:05.000 So I would say until our debt is under control, until our...
00:48:10.000 Our currency is under control and it feels like we're in a more stable place.
00:48:15.000 Until that happens, gold and silver are going to be a very safe bet.
00:48:19.000 I mean, if you compare the S&P 500 from 2001 and you compare gold, gold has actually outpaced the S&P 500. So I think that it's one of those things that it's a case-by-case and a time-by-time basis.
00:48:33.000 But I still think until this debt problem is under control, And we're not printing money like crazy.
00:48:40.000 I still think gold and silver are going to do great.
00:48:44.000 But, you know, sometimes we've had clients this year that they've doubled their investment in gold.
00:48:48.000 And they had a business opportunity.
00:48:54.000 Okay, so somebody asked a question.
00:49:01.000 This is the real Frank Castle.
00:49:02.000 It says, I got 10K right now to buy gold.
00:49:05.000 I bought 15K worth of gold chains.
00:49:06.000 What can I order from you?
00:49:08.000 Yeah, check out Noble Gold Investments.
00:49:10.000 Just give us a call.
00:49:12.000 There should be a link down below in the description, right?
00:49:14.000 Yeah, there should be a link there.
00:49:16.000 Be careful.
00:49:17.000 A lot of people think gold chains are valuable, and you got to be careful because this is 24-karat gold, right?
00:49:28.000 So if you buy a 14-karat gold chain, it's much less pure than this one is.
00:49:34.000 You're going to get...
00:49:35.000 A substantial reduction.
00:49:37.000 And depending on what you paid, there's a lot of markup in jewelry.
00:49:40.000 So I always tell people, don't think jewelry is an investment.
00:49:45.000 If you like it, it feels good, great.
00:49:48.000 But typically, the commissions or the spreads on jewelry could be 50%, it could be 300%.
00:49:56.000 And I've seen it.
00:49:58.000 I have a lot of friends that own pawn shops.
00:50:01.000 I see how the numbers work.
00:50:03.000 There's an unbelievable, Tiffany is like unbelievable markup in Tiffany products.
00:50:08.000 So I just don't think a chain is going to get you that return.
00:50:13.000 There could be some gold value there later.
00:50:15.000 But if you're looking to do investment, I think you got to buy 24 karat gold.
00:50:20.000 There are chains that are 24 karat and you could do okay.
00:50:23.000 But don't expect a 14 karat gold chain to have tremendous value down the road.
00:50:28.000 So if anyone buys anything that's gold, there's got to be 24 karat.
00:50:31.000 Don't even bother with the 14 karat, 10 karat, all this other stuff.
00:50:34.000 24 karat or bust.
00:50:35.000 That's what I would...
00:50:36.000 I mean, it's softer, so you could...
00:50:39.000 They typically make rings that are not 24 karat because it's just for scratching and scuffing.
00:50:45.000 But if you're looking at it as an investment, then you want to go 24 karat or bust, correct?
00:50:50.000 Absolutely.
00:50:51.000 No, that's a good tip because a lot of people will sit there and buy like...
00:50:55.000 Something that's gold and they'll buy 14 karat because that exact reason because it's 24 karat too soft.
00:51:00.000 They want the jewelry to last.
00:51:02.000 But what they don't realize is that they inadvertently kind of spent a bit of money that they didn't need to and it's not holding as much value as they think.
00:51:09.000 So if you're going to go ahead and buy jewelry from an investment perspective, it's got to be 24 karat or above.
00:51:14.000 Yeah.
00:51:15.000 Also, whenever you buy jewelry, it's going to have its weight, of course, but you got to melt it down to get a real price because this jewelry itself, It doesn't have the real value.
00:51:25.000 It's going to be melted down first.
00:51:26.000 Then you go to the jeweler and it'll give you the money for the gold melted down.
00:51:29.000 Correct.
00:51:29.000 Yeah, exactly.
00:51:31.000 That's exactly right.
00:51:32.000 Yeah.
00:51:32.000 So yeah, so that's one way to buy from us.
00:51:35.000 The other thing is just IRAs, 401ks.
00:51:37.000 I'm sure there's a lot of people listening.
00:51:38.000 You have an old 401k that you forgot about from a company.
00:51:41.000 You can roll those into gold and silver with us.
00:51:43.000 We do that for clients.
00:51:46.000 You're buying the gold and silver, but you're just doing it in a tax-revert vehicle, which we can handle for you.
00:51:51.000 It's another way for people to do it.
00:51:53.000 I've had a lot of people like, oh, I have this old 401k with 20,000.
00:51:57.000 I got this new one with my new company.
00:51:59.000 And that's great because...
00:52:01.000 The new one with your new company is gonna be in the stock market.
00:52:03.000 And the old one, you can decide to put in a gold and silver and diversify.
00:52:08.000 So that's a real advantage with some of those different retirement accounts.
00:52:13.000 And so many people have left jobs and they, oh man, I forgot.
00:52:17.000 I got 10,000, 15,000 in this IRA. What should I do with it?
00:52:21.000 And I think it's a really good idea to diversify, get some of that money out of the stock market and protect yourself with a little gold and silver.
00:52:30.000 Oh, nice.
00:52:31.000 I see we just got a chat right here.
00:52:33.000 It's probably going to be Texas.
00:52:37.000 Yo, Colin, could you imagine someone wearing that gold plate as a pendant on a necklace?
00:52:53.000 That's insane, bro.
00:52:55.000 Which one are you talking about?
00:52:56.000 What gold plate?
00:52:56.000 What are you talking about?
00:52:57.000 The one you have right there.
00:52:58.000 This?
00:52:59.000 Yeah, imagine wearing that as a pendant on your chain and walking around like that.
00:53:03.000 That's crazy.
00:53:03.000 Or what about a grill?
00:53:05.000 Oh, hell no.
00:53:06.000 Bro, no offense to anybody, but you know what I hate to see?
00:53:10.000 When niggas show up to a club or restaurant wearing a gold Cuban chain, I'm like, bro, that's some nigga shit, man.
00:53:15.000 Just saying, bro.
00:53:16.000 Yeah, man.
00:53:17.000 Have some diamonds at least, bro.
00:53:18.000 Have some class.
00:53:20.000 I'm just saying, bro.
00:53:21.000 It's weird.
00:53:22.000 Sorry.
00:53:22.000 Sorry about calling.
00:53:23.000 I just said, get out there.
00:53:24.000 That's okay.
00:53:24.000 But it's weird, bro.
00:53:25.000 You know what I mean?
00:53:26.000 Yeah.
00:53:27.000 Oh man, that's my class.
00:53:31.000 Yeah, I mean, basically what you're doing, I mean, this is why I keep this cash, because it's like, you're just converting, I remember, I mean, this is about $800,000, like, you know, you're just swapping this for this, right?
00:53:45.000 I mean, that's all you're really doing.
00:53:46.000 This is going down in value, and this is going up in value.
00:53:49.000 I mean, that's really, you know, I remember when $800,000 was really, that was a lot of money, right?
00:53:55.000 Now, it's, you know.
00:53:57.000 Barely dinner.
00:53:58.000 Cash battle, bro?
00:53:59.000 Cash battle?
00:54:00.000 What'd you say?
00:54:01.000 Cash battle?
00:54:03.000 Cash battle?
00:54:03.000 You got more cash there.
00:54:06.000 I'm sure you do.
00:54:07.000 No, I'm just kidding, bro.
00:54:08.000 I don't keep much cash.
00:54:09.000 I'm all in gold and silver.
00:54:10.000 You know what I mean?
00:54:10.000 Smart man, smart man.
00:54:12.000 Yeah.
00:54:13.000 Yeah, the days, I think what we've kind of, and I would say this has been even more pronounced ever since 2020, and we've printed out the enormous amount of money that we've printed out.
00:54:23.000 I think nowadays, everyone's goal should be to take your fiat currency, And put it into something that's going to preserve, or better yet, increase the value of that money, at least bare minimum preserve it, if not increase it.
00:54:36.000 And I think at this point, holding a bunch of fiat currency is just not in your best interest outside of maybe an emergency savings account.
00:54:43.000 But other than that, man, I think everyone's goal here should be have your six months to one year of savings that you can pull out at any time, and then on top of that, your money's got to go to assets, man, because fiat currency is absolutely a waste.
00:54:54.000 Cullen, could you break down I want to say the top five things people should not put money into.
00:55:00.000 For example, cars.
00:55:01.000 You know?
00:55:02.000 Oh, yeah.
00:55:03.000 Clothes.
00:55:04.000 Yeah.
00:55:05.000 Anything fractional.
00:55:07.000 I think any investment fractional, I would avoid.
00:55:12.000 What about Nike's shoes?
00:55:14.000 I mean, I saw the shoe craze.
00:55:17.000 Oh!
00:55:18.000 I'd stay.
00:55:19.000 Watches.
00:55:19.000 There was a guy in LA that was in his house burned down.
00:55:23.000 He had over 100 pairs of shoes.
00:55:25.000 Some were...
00:55:26.000 5k, 10k, Nike, all these like special shoes, and they all burned down.
00:55:31.000 All the money's gone.
00:55:33.000 Yeah, there was a lady too that had crypto on a ledger, and she lost her ledger, and I think there was like $400,000 or $500,000 on that ledger in crypto.
00:55:45.000 And you mentioned watches.
00:55:47.000 You know, I agree, even though that I am a fan of Rolex.
00:55:50.000 Doreal underscore Frank Castle, $512, tip $35.
00:55:53.000 Fresh, but why diamonds?
00:55:55.000 Just curious.
00:55:56.000 I've done research and heard they don't hold value like gold.
00:55:59.000 That's why I didn't want to spend a lot on a ring for my wife.
00:56:02.000 Can you tell me why buy diamonds over gold?
00:56:05.000 Colin, any advice on that?
00:56:06.000 You know, Colin, I'll let you answer that one.
00:56:07.000 Real quick, yeah, we'll have him answer that one.
00:56:09.000 But what I was going to say when it comes to the watches, watches went down in value a lot, guys.
00:56:13.000 And unless you're getting, like...
00:56:15.000 A plain Jane Rolex that holds value that a lot of people want, most of the time they're not going to hold value that well.
00:56:21.000 That's why, you know, if you are going to go ahead and buy yourself a Rolex or an AP, make sure you buy a plain Jane, not with diamonds on it, a model that, you know, is very popular, so that way it'll hold value as much as possible.
00:56:33.000 But yeah, I mean, watches in many cases are not a good investment.
00:56:36.000 Yeah, I mean, listen, here's the thing, is that if you...
00:56:40.000 If you have other assets already, okay, you buy the watch, right?
00:56:45.000 But what I've seen a lot of times happen is that the watch is like the first thing to buy.
00:56:50.000 Or the car is the first thing to buy.
00:56:52.000 Agreed, stupid.
00:56:53.000 And it should be, you know, I just bought a decent watch the last like two, three years.
00:57:02.000 I didn't even have, I didn't even like, watching this.
00:57:07.000 You know, the run-up in the Rolexes, I just, I couldn't believe, because they're not limited supply, most of these watches, right?
00:57:13.000 That's the thing I couldn't understand.
00:57:14.000 Like, gold and silver, there's only enough gold in the whole world to fit in two and a half Olympic-sized swimming pools, right?
00:57:20.000 Wow.
00:57:21.000 These Rolexes, there's no limit.
00:57:24.000 They're making a ton of these.
00:57:26.000 So I couldn't understand what was driving it.
00:57:28.000 And then I realized, I mean, I should have realized, it was all...
00:57:32.000 Tech crypto money buying these watches.
00:57:34.000 That's all it was.
00:57:35.000 It was just people that felt rich, right?
00:57:38.000 And at the end of the day, they weren't really rich.
00:57:40.000 They didn't really have any assets.
00:57:42.000 They were just buying things that they thought.
00:57:45.000 And then when they were going up, it gave them an excuse to buy those things.
00:57:48.000 But you should have a lot of money in gold and silver.
00:57:53.000 You should have a lot of money in assets.
00:57:54.000 You should be building a business.
00:57:56.000 All of those things should be coming first before you buy any of those things.
00:58:00.000 And I feel bad for a lot of those people that had, there's a lot of people in these houses in LA and all over that had a lot of wealth in shoes, in artwork that wasn't insured, in purses, right?
00:58:13.000 And they think those things and they want to justify those things as investments.
00:58:19.000 And sometimes they are, but at the end of the day, like...
00:58:23.000 You have to have a buyer on the other end too, right?
00:58:26.000 And at the end of the day, are people always going to pay a certain amount of money for a Birkin bag?
00:58:31.000 I don't know.
00:58:32.000 It's just based on what they're willing to pay for it.
00:58:35.000 Whereas this, it's a global market and they need it for industry.
00:58:39.000 Even if, worst case, they didn't keep it in this form, they'd melt it down and put it in jewelry.
00:58:43.000 They'd melt it down or they'd use it in heart monitors.
00:58:46.000 They'd melt it down and they'd use it in something else.
00:58:48.000 Same thing with this, right?
00:58:50.000 So that's the problem with some of these These investments that are out there, they're not really investments, as you guys know.
00:58:57.000 I mean, you guys, I'm sure you've seen the last few years, people around you that gained a little bit of wealth and they put in all the wrong things.
00:59:04.000 And then when they get in trouble, they don't have any liquidity because nobody wants a lot of these assets, these things that they bought.
00:59:10.000 Also, they just haven't gone up.
00:59:13.000 The fact that people bought gold for me three, four years ago and it doubled, it puts them in a really strong power position, right?
00:59:19.000 Because now they can go, okay, I bought $50,000 in gold.
00:59:22.000 Now it's worth $100,000.
00:59:24.000 Maybe I'll buy this business or maybe I'll do this or maybe I'll turn my gold to silver and I'll take the silver right up.
00:59:31.000 It just gives you opportunity, right?
00:59:35.000 That's a good point.
00:59:37.000 So real quick, we got any more chats here?
00:59:39.000 Any more chats?
00:59:42.000 No?
00:59:43.000 Well, I never answered the question about the ring.
00:59:45.000 Yes, diamond versus gold.
00:59:47.000 Yeah, diamonds.
00:59:48.000 Okay, so I just want to be clear.
00:59:50.000 If you don't want to buy her a ring, you should just say it.
00:59:52.000 Don't say it's the price of diamonds because it seemed like there was more going on there.
00:59:58.000 Well, diamonds, now that there's manufactured diamonds, the diamond values have fallen like a rock.
01:00:03.000 I mean, so I think you made the right decision.
01:00:08.000 But at some point, if you're going to get married, you're...
01:00:15.000 You're just doing it because you love them and you want to show them how much you love them.
01:00:20.000 But whether it's a real diamond or it's manufactured, they look identical.
01:00:25.000 And so I know a lot of people now that are having...
01:00:29.000 Heart-to-heart conversations and saying, listen, I can buy you this ring for $20,000 or I can buy the same ring for $5,000.
01:00:35.000 It looks like $4,000 and it looks the same and nobody will know.
01:00:38.000 We can put that $15,000 into gold and silver.
01:00:41.000 And a lot of these people are making the right choice.
01:00:44.000 So, yeah, the diamond business, I don't think of diamonds as an investment.
01:00:48.000 It's just going to get worse and worse in that space.
01:00:51.000 Yeah, you just cut out the bag, man.
01:00:53.000 Because people use a lot of diamonds now.
01:00:54.000 They don't use real diamonds.
01:00:55.000 Yeah.
01:00:56.000 Yeah, exactly.
01:00:57.000 Oh, lab diamonds.
01:00:58.000 Okay.
01:00:58.000 They look the exact same.
01:00:59.000 Wow.
01:01:00.000 You can't really tell.
01:01:01.000 Yeah, exactly.
01:01:02.000 And then they just tell their wife, we don't need to get insured.
01:01:04.000 Don't worry.
01:01:07.000 It's fine.
01:01:08.000 You can take it anywhere.
01:01:09.000 Don't worry.
01:01:09.000 It'll be fine.
01:01:10.000 We're good.
01:01:12.000 So imagine your wife, you go buy her a ring.
01:01:15.000 It really costs like 5K, but on paper it's 40K. You're like, babe, I got you this 40K ring.
01:01:21.000 I love you so much.
01:01:22.000 She's like, oh my God, I love you.
01:01:24.000 It's really 5k.
01:01:25.000 He didn't pay that much money for it.
01:01:27.000 But it's kind of like finesse.
01:01:28.000 As long as it looks shiny and pretty.
01:01:31.000 Diamonds is such a...
01:01:32.000 And the reason why I don't like Cubans that are just like gold because...
01:01:37.000 Okay, bro.
01:01:38.000 Every nigga in Miami that's hood nigga wears...
01:01:40.000 Sorry.
01:01:41.000 My language.
01:01:42.000 Every black guy in Miami that wears gold Cubans have a stereotype, bro.
01:01:47.000 And unfortunately, bro, I don't even put in that category.
01:01:49.000 So that's why they're diamonds.
01:01:50.000 Anyhow.
01:01:51.000 I'm with you.
01:01:53.000 GGG Channel says, stay away from jewelry if you plan on investing in gold and silver.
01:01:58.000 Because when...
01:01:59.000 I can't see that end part there.
01:02:02.000 Because when...
01:02:04.000 Okay.
01:02:06.000 When you get away under melt price, SD Billion is a great place to buy gold and silver from.
01:02:12.000 Stay away from high premium precious metals as well unless you want to collect them.
01:02:15.000 Silver and gold is not a quick way to get rich.
01:02:17.000 It's more like a savings.
01:02:18.000 What say you, Colin?
01:02:20.000 Agree, disagree?
01:02:24.000 I mean, people have gotten pretty wealthy over the last four years in gold and silver.
01:02:29.000 But yeah, I don't think that's the long-term strategy.
01:02:30.000 It's more of a defensive strategy, I would say.
01:02:34.000 I think the bigger opportunity is absolutely in silver right now.
01:02:37.000 If you're looking for opportunity, silver is the play.
01:02:42.000 The upside potential is much higher.
01:02:44.000 You can look at the charts.
01:02:46.000 Check out my book.
01:02:48.000 My book's $14.95 on Amazon.
01:02:49.000 You can read about it.
01:02:51.000 I lay out a pretty strong case.
01:02:53.000 But I think it's...
01:02:55.000 I think if people aren't buying silver, they're crazy, dude.
01:02:58.000 Guys, even me, right?
01:03:00.000 You guys know I'm real hardcore into real estate.
01:03:03.000 Obviously, I'm in crypto as well.
01:03:04.000 But I have a couple ounces of silver because you need to have precious metals.
01:03:07.000 I mean, I think every guy that is serious about their financial future should have...
01:03:13.000 Some precious metals.
01:03:15.000 For me, it's silver.
01:03:15.000 If you want to go a little bit harder, you can get some gold because gold is always going to hold value.
01:03:20.000 But I think anyone that is serious about protecting themselves and insuring themselves against fiat currency, you've got to have some precious metals, man.
01:03:28.000 At least silver, guys.
01:03:29.000 At least get a couple of silver.
01:03:31.000 Yeah, give us a call.
01:03:32.000 I think people should call us.
01:03:34.000 They should learn about it.
01:03:35.000 Get the free guides.
01:03:36.000 Talk to somebody at our company.
01:03:40.000 And just see if it's something for you.
01:03:42.000 I always say, you know, nothing venture, nothing gain, right?
01:03:46.000 So the call's free.
01:03:47.000 The information's free.
01:03:49.000 So give us a call and see if it's something right for you.
01:03:52.000 Talk to a live person.
01:03:53.000 You know, everyone at a company you're going to talk to, they own gold and silver.
01:03:56.000 They've been buying it for a long time.
01:03:58.000 They're experts.
01:04:00.000 So talk to some people and get some free information and see if it's you.
01:04:03.000 If it's not for you, great.
01:04:05.000 But at the end of the day, you will like who you talk to.
01:04:08.000 They're going to give you good information.
01:04:10.000 They're going to treat you well.
01:04:11.000 And ultimately, you'll decide if it's the right investment for you.
01:04:14.000 Yeah, well said.
01:04:15.000 I think every man should focus on having one Bitcoin, several ounces of silver, right?
01:04:23.000 Maybe one real estate property.
01:04:26.000 And, you know, three to six months savings.
01:04:29.000 If you guys can get there, you're going to be in a fantastic position.
01:04:31.000 Better than 99% of Americans, man.
01:04:34.000 I absolutely think that every guy should be having a few ounces of silver bare minimum, man.
01:04:40.000 That way, if you diversify, you don't lose your ass on one asset.
01:04:43.000 Yeah, bro.
01:04:44.000 Guys, it's so important to have that, man.
01:04:45.000 Index funds, etc.
01:04:47.000 We tell you guys all the time, diversify being every market class, and I would say when it comes to precious metals, at least have silver, guys.
01:04:55.000 At least, man.
01:04:56.000 I mean, if you watch our Money Money episodes, you would have at least amassed a bunch of assets that you could take.
01:05:00.000 Yeah, precious metals is no different, man.
01:05:02.000 Look, I get it.
01:05:03.000 Gold might be a little bit high of a barrier to entry for a lot of you guys, but absolutely all of you guys can get started with silver.
01:05:11.000 I got silver, too.
01:05:13.000 I will tell you, it's funny that you guys said, because I remember when I started in the business, gold was at $800, and people said the same thing about gold at $800 an ounce, too.
01:05:21.000 It always feels expensive because it's desirable.
01:05:25.000 That's the thing.
01:05:27.000 Bitcoin at $100,000.
01:05:29.000 If you'd said that 10 years ago, people would have thought you were crazy.
01:05:33.000 So it's interesting with gold.
01:05:34.000 It's always been said to be expensive until it's at the price that it's supposed to be.
01:05:40.000 Actually, I remember two fellas that came on a podcast, Charlie and Miguel, said Bitcoin's going to be $100K almost two years ago, and everyone laughed at them.
01:05:48.000 Right, exactly.
01:05:49.000 And now look, it's happening.
01:05:51.000 Yep.
01:05:52.000 Alternative assets are where it's at.
01:05:54.000 It's 100% where it's at.
01:05:55.000 Bitcoin is basically at $101, almost $102,000 right now.
01:05:58.000 Someone has a good question in here, Colin.
01:06:01.000 They said, what about getting silver ETFs?
01:06:03.000 What are your thoughts on that?
01:06:05.000 You can get silver from a dealer at such a good price.
01:06:10.000 I don't see the benefit.
01:06:12.000 If you're day trading or you wanted to take advantage of the volatility, but most of the people buy silver or not in that vein.
01:06:22.000 It's okay.
01:06:23.000 I don't think you know how much silver they're backing.
01:06:27.000 You don't know if Comax has enough silver.
01:06:29.000 I've heard reports that it's 1 to 100 in terms of backing.
01:06:36.000 I don't think it makes sense to do it in this asset class.
01:06:43.000 I always just start stacking as soon as you can, and that's a much better way to build a portfolio.
01:06:49.000 I agree.
01:06:50.000 I think this is one of the few things where having an ETF doesn't replace actually having the hardcore asset in your hand.
01:06:56.000 I think when it comes to silver, you can make the argument, oh, well, I'm going to go ahead and get a REIT for real estate, right?
01:07:02.000 Because I don't want to deal with tenants and all this other bullshit and it gives good dividends.
01:07:05.000 Fine.
01:07:06.000 You can make the argument for REITs, right?
01:07:07.000 But I think when it comes to precious metals...
01:07:10.000 Guys, the benefit of the precious metal is actually holding the precious metal, having it in a safe.
01:07:15.000 Like me, myself, I got a bunch of silver stashed away in my safe with some cash.
01:07:19.000 I think you need that.
01:07:21.000 That's the beauty is actually physically having it, man.
01:07:24.000 So I think with an ETF, with silver kind of defeats the purpose.
01:07:26.000 Exactly, yeah.
01:07:27.000 And a REIT, it makes sense because you don't have any work.
01:07:30.000 Like when you buy a property, there's work, right?
01:07:32.000 There's no work to this.
01:07:33.000 You buy it and you just stock it away.
01:07:35.000 Real quick, we got another question from the real friend Castle.
01:07:38.000 He says, here we go.
01:07:40.000 What do you say?
01:07:41.000 Oh, TTS.
01:07:42.000 Let's see what he says.
01:07:43.000 Well, is he going to talk or no?
01:07:52.000 Is he gonna say, could we play it? - DeRael underscore Frank Castle, 512, tip $50.
01:07:57.000 Two, I only ask 'cause I watched that show.
01:07:59.000 Adam ruins everything.
01:08:01.000 And he says there really isn't a shortage of diamonds.
01:08:03.000 Just the industry allows a certain amount into the country to cause inflation on them. - Who's Adam?
01:08:10.000 I don't know who he's talking about.
01:08:11.000 He's right.
01:08:14.000 Yeah, there is no shortage of diamonds.
01:08:16.000 I agree.
01:08:17.000 100%.
01:08:17.000 That is very true.
01:08:20.000 That's what they tell you, but amen.
01:08:22.000 It's a finesse.
01:08:23.000 We got up next, Lord Malachi.
01:08:26.000 He says, seal network in the building.
01:08:29.000 CC premium members.
01:08:30.000 I'm organizing the hosting, so hit me up on Telegram.
01:08:32.000 Yes.
01:08:33.000 If you need a place to stay during the meetup, hit him up on Telegram.
01:08:36.000 Lord Malachi, aka Baif.
01:08:39.000 Yep.
01:08:39.000 Drew Frank.
01:08:40.000 February 22nd, guys.
01:08:41.000 Free event for all premium members.
01:08:43.000 All Cal's Club members joining.
01:08:45.000 Link down below, right?
01:08:46.000 Yep.
01:08:47.000 Link down below.
01:08:48.000 Drew Frank says, what happened to my TTS? Don't worry, bro.
01:08:50.000 We got you, bro.
01:08:51.000 We just showed it.
01:08:51.000 Thanks for the support, bro.
01:08:52.000 We got you.
01:08:54.000 Maureen, is there an average or recommended standard split to invest in gold and silver?
01:08:58.000 As in how much percentage out of 100 gold and silver?
01:09:02.000 WFNF, Big Mo, and Cents.
01:09:04.000 Who's Cents?
01:09:05.000 Yeah, it is a good question.
01:09:07.000 What I'm seeing at Noble Gold, our percentages, is about 65% silver, 35% gold right now is our split.
01:09:16.000 Roughly three to one.
01:09:18.000 Yeah, that's what I'm seeing with our clients.
01:09:21.000 So I think it's a good ratio, but I also have been seeing a lot of people just going all in on silver over the last few months just because of where the price is.
01:09:32.000 I like both.
01:09:33.000 I own both metals.
01:09:34.000 I'm heavy on silver right now.
01:09:36.000 So I think at the end of the day, there will be a time and a place, even if you start with silver, it's your first purchase, it's a great time to get in.
01:09:43.000 And then I think there'll be a place for you to acquire gold and having those two metals to complement each other is a great way to invest.
01:09:50.000 But most people today are going heavier silver.
01:09:53.000 What about copper and platinum?
01:09:56.000 Platinum is, we sell platinum.
01:09:59.000 Small amount, very small percentage of our clients are buying it.
01:10:04.000 Copper is great.
01:10:05.000 Copper and silver typically kind of go together in terms of price.
01:10:10.000 Copper has gone up a lot over the last few years.
01:10:12.000 It's used in so many industries.
01:10:13.000 So I do like copper.
01:10:15.000 We don't sell it, but it is a good investment.
01:10:17.000 I do like the price of copper where it's sitting today.
01:10:20.000 Okay, awesome.
01:10:22.000 All right, Colin, so this has been an insightful...
01:10:26.000 Valuable interview.
01:10:27.000 I hope you guys have gained a value here.
01:10:29.000 What advice would you give someone, I guess, now to end off this?
01:10:33.000 For example, how to prepare what's coming next?
01:10:35.000 Because I think that with Trump being in office, good things are happening, but also things are coming in a more wealth transfer way that if you're not ready for it, it could take you out or make you rich.
01:10:44.000 But what would you say to start or to prepare for this upcoming event?
01:10:49.000 Well, his economic policies are high growth, high inflation.
01:10:54.000 That's really the only way to look at it.
01:10:56.000 When you look at tariffs, you look at cutting taxes.
01:10:59.000 If you look at trying to get rates down, which he's trying to force powering rates, these are all things for high growth.
01:11:05.000 He's trying to buy Greenland.
01:11:07.000 He's trying to buy these assets.
01:11:08.000 He's negotiating.
01:11:09.000 So this isn't a strategy of a slow growth strategy.
01:11:14.000 He's trying to go high growth and kickstart things, which I think every businessman tries to do.
01:11:20.000 But all of those strategies, everything he's doing will lead to inflation.
01:11:25.000 And so at the end of the day, you do have to have assets that protect yourself against inflation and find opportunities.
01:11:32.000 And there will be alternatives in the alternatives.
01:11:36.000 In my book, I get into that a lot.
01:11:38.000 I also not only talk about gold and silver, but I also have a real estate strategy in my book.
01:11:43.000 It's called Satellite City Strategy, where I talk about opportunities in cities that are outside within 40 to 50 miles of major cities.
01:11:52.000 And I name a lot of the cities in the book that I recommend.
01:11:56.000 And I've actually bought properties in two of the cities in my list.
01:12:01.000 So there will be high growth opportunities.
01:12:03.000 So I think with this new administration, you have to look at high growth opportunities and protecting yourself against inflation.
01:12:11.000 And if you do those things, you're going to do great.
01:12:14.000 And so that's the thing that you have to really look for over the next few years is really protecting yourself and protecting your downside risk.
01:12:20.000 And as much as some of these assets have really gone through the moon, there is no downside risk in a lot of these assets people are invested into.
01:12:28.000 But I do think there is downside risk in precious metals because they do have utility.
01:12:33.000 So you want some high growth strategies and you got to have some asset preservation, some insurance.
01:12:38.000 So for anybody out there that looks interested in what we've been talking about, give us a call at Noble Gold Investments.
01:12:43.000 We got free guides.
01:12:45.000 You can talk to a live person.
01:12:46.000 You can ask all the questions you want.
01:12:48.000 And you're going to talk to a real person, not a bot.
01:12:50.000 And we're going to help you and see if this is something that's right for you.
01:12:55.000 Yeah, I've seen billionaires start buying luxury bunkers as a way to kind of like prepare what's coming.
01:13:00.000 But yeah.
01:13:01.000 Scary, man.
01:13:03.000 Yeah, it absolutely is.
01:13:05.000 Well, I appreciate you guys.
01:13:06.000 Good to be on.
01:13:07.000 Good to talk to you guys.
01:13:08.000 No, absolutely, man.
01:13:10.000 And guys, timestamps will be below, man.
01:13:12.000 The links are below if you guys want to get involved.
01:13:14.000 I genuinely do believe at least, guys, pick yourself up some silver.
01:13:18.000 I think that's one of the best ways to hedge against, obviously, the flailing dollar.
01:13:22.000 And, you know, with the way that things are, man, you guys got to insulate yourself the best you can with multiple different asset classes.
01:13:28.000 And silver is absolutely one of them.
01:13:29.000 You don't got to get into gold.
01:13:30.000 The barrier to entry, I know, is high for a lot of you.
01:13:32.000 Silver is absolutely...
01:13:33.000 What's an ounce of silver running for right now?
01:13:35.000 It's doable, actually.
01:13:35.000 50, 60 bucks?
01:13:36.000 40 bucks?
01:13:36.000 30 bucks.
01:13:37.000 30 bucks, man.
01:13:39.000 For the price of going to dinner with a girl that probably don't even like you, you can go ahead and get yourself some silver.
01:13:44.000 You know what I mean?
01:13:46.000 Exactly.
01:13:47.000 Make yourself the king, man, and get some goddamn silver.
01:13:51.000 You know what I mean?
01:13:52.000 Yeah.
01:13:53.000 All right, we got TPC Films.
01:13:56.000 Hey, Myron, off topic.
01:13:57.000 Here's some names for your new live streams.
01:13:59.000 Games Unfiltered.
01:14:01.000 Two, Breaking Gains.
01:14:02.000 Hot Takes Only.
01:14:03.000 Three, The Truth Gains Show.
01:14:04.000 I'll take a picture of that and save it, brother.
01:14:07.000 I appreciate those different things.
01:14:10.000 Moe will take a quick photo for me.
01:14:11.000 Yes.
01:14:12.000 But yeah, we definitely need to name the show something.
01:14:14.000 Moe Bing says, where do I buy tangible silver from?
01:14:17.000 Noble Gold.
01:14:17.000 Noble Gold, bro.
01:14:18.000 Link is below.
01:14:19.000 Link down below.
01:14:19.000 Get on with them.
01:14:20.000 They'll jump on the phone with you and answer any questions that you guys want, man.
01:14:23.000 This is where we get our silver from.
01:14:24.000 This is where we get our prize medals from.
01:14:25.000 I got a bunch in my safe.
01:14:28.000 You know, I can fucking go grab it for y'all if you want.
01:14:30.000 What's the code?
01:14:30.000 Yeah.
01:14:32.000 But go ahead and get that silver, man.
01:14:34.000 Get some, guys.
01:14:35.000 Get a couple ounces, man.
01:14:36.000 $30 is nothing.
01:14:37.000 You guys can literally go ahead and invest in a couple ounces right now.
01:14:40.000 $100.
01:14:40.000 Yeah.
01:14:40.000 Get yourself some silver, man.
01:14:42.000 So.
01:14:43.000 Anything else?
01:14:45.000 I think that's the last chat, right?
01:14:46.000 All right, good to go.
01:14:48.000 Colin, where can I find you, brother?
01:14:50.000 Noble Gold Investments, check out the book, Silver's the New Oil.
01:14:53.000 Link will be below to get the book, guys.
01:14:55.000 It's only, what, $12, $15, $20?
01:14:57.000 $14.
01:14:58.000 $14, man.
01:14:59.000 Go ahead and get the book, guys.
01:14:59.000 If you're iffy about the silver, instead of, you know, I don't know if I want to get any, read the book, $15, learn about it, and then go ahead and, you know, pull the trigger and learn about it after you learn about it.
01:15:10.000 All right.
01:15:11.000 Cool.
01:15:12.000 Guys, we'll be back with some lovely ladies, probably around, what time is it right now?
01:15:16.000 Probably 10. Probably around 10-ish.
01:15:18.000 It depends on when Chris does it.
01:15:21.000 But, yeah.
01:15:22.000 Chris is aware.
01:15:23.000 Chris is aware?
01:15:24.000 All right.
01:15:24.000 So, yeah, we'll probably go live somewhere between 10 and 11 p.m., guys.
01:15:27.000 As soon as we have the event ready, we'll make it for you guys.
01:15:29.000 Obviously, you guys know we're on fucking bimbo time, so that, you know, changes things.
01:15:34.000 But, Colin, thank you so much for coming on the show, bro.
01:15:35.000 It's always great to have you.
01:15:36.000 I learned a bunch myself.
01:15:38.000 You know, with...
01:15:39.000 Guys, don't buy 20...
01:15:40.000 The big takeaway for me is don't buy 14 karat gold, man.
01:15:43.000 24 karat or above.
01:15:44.000 Otherwise, you're an idiot.
01:15:46.000 So, guys, go check out his book.
01:15:48.000 Learn about silver and then, you know, learn what you need to learn and then go ahead and get invested in it, man.
01:15:52.000 $30 for a fucking ounce is nothing, man.
01:15:54.000 Get in there, guys.
01:15:54.000 Let's go.
01:15:55.000 Love you guys.