The NXR Podcast - THE LIVESTREAM - Gold Hits All Time High： What Does It Mean For Our Economy？

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00:00:30.000 Okay. Gold is officially at an all-time high. So naturally, we expect that everything is going to

00:00:38.660 crash in the market at any moment. That's tongue-in-cheek. We don't know exactly what's

00:00:44.640 going to happen, but we are going to be making some predictions today. There is a little bit

00:00:49.860 of a historical, as the old saying goes, history doesn't always repeat itself, but it does rhyme.

00:00:55.500 And so there are some historical precedents for what happens when gold surges, and we

00:01:01.580 are experiencing a surge right now.

00:01:03.800 So to have this conversation, we are going to be joined by a gold expert, Bill Armour.

00:01:09.140 So he's going to be joining us for the show today.

00:01:11.020 We're going to be talking about predictions with the economy in a macro sense, what's

00:01:15.440 going on with gold, and then getting even into some of the theological and scriptural

00:01:19.460 proofs for why gold has been a commodity of value down through the centuries.

00:01:25.500 and how it differs from other forms of currency

00:01:28.600 like fiat currency or even crypto.

00:01:31.540 We'll be talking a little bit about crypto today as well.

00:01:34.260 Tune in now.

00:01:44.440 All right, all right, all right.

00:01:45.980 We're back.

00:01:46.960 We are back.

00:01:48.660 Wesley Todd is out of town right now.

00:01:51.220 He's helping his parents move to the great Republic of Texas.

00:01:55.500 So that's great.

00:01:56.360 Praise God.

00:01:56.920 Yep.

00:01:57.180 So they're on the road and he should be joining us on Friday for the live stream.

00:02:02.460 But for today, it's myself and Antonio.

00:02:05.260 And as I said in the cold open, we are joined by Bill Armour.

00:02:09.340 Bill, thanks for joining us on the show.

00:02:11.960 Pleasure.

00:02:12.500 Thanks for having me.

00:02:13.940 Absolutely.

00:02:14.640 All right.

00:02:14.880 So let's just start right out the gate.

00:02:17.420 Gold is at an all-time high.

00:02:19.720 It is surging.

00:02:20.460 What does that typically mean for the economy as a whole?

00:02:25.500 Yeah, great question. So the first thing we want to keep in mind is that oftentimes gold works like a teeter-totter with the market, meaning that when gold is high, the market is generally falling.

00:02:36.600 Now, we've seen that not be the case a couple of times, the most recent of which would have been 2008, where gold was beginning its really strong ascent there, kind of like a rocket ship going up.

00:02:46.720 And the market was right in tandem there. And obviously, we all know how that ended.

00:02:50.540 So historically, the way to think about it is that gold operates like a financial bloodhound.

00:02:56.760 And so it's sniffing out inefficiencies or issues with the broader market.

00:03:02.500 And if it is going up in the way that it is, it's generally telling us something.

00:03:06.220 And it's telling us that something is coming.

00:03:09.180 Now, one of them is lying.

00:03:10.700 Either the market is lying and the dollar is lying or gold is lying.

00:03:14.100 Now, gold has never lied once.

00:03:15.720 It's been immaculately honest.

00:03:17.560 And so it gives us a pretty good indication that we are seeing something developing in the world of finance, maybe that otherwise we wouldn't have.

00:03:25.260 That's why people use a bloodhound, is to keep the scent here.

00:03:28.360 So as we see gold continuing to push these all-time highs, we look around at everything else and say, hmm, how long can this really go on for?

00:03:36.020 And that's where we find ourselves today is a precipice, because people often look at gold and they'll tell me, Bill, gold seems very high today.

00:03:43.740 And I would reply with, have you seen the market?

00:03:46.100 and at least with gold there's pretty good you know reasons to think that it should be high

00:03:51.100 with the market we've got price to earnings ratios at all time highs numbers that would astound you

00:03:56.300 were talking 40 50 60 to 1 price to earnings numbers that we've only ever seen prior to the

00:04:01.700 great depression so again we're seeing some of this everything bubble that maybe people have

00:04:06.980 heard about talked about yeah not great that is a little bit what it feels like Antonio what do

00:04:14.900 you think? Yeah, I think it would be helpful, Bill, if you shared a little bit of your perspective on

00:04:19.440 some of the different factors that influence the price of gold. So, you know, you could think of

00:04:24.560 think about things like interest rates. You could think about just general political, you know,

00:04:29.340 geopolitical instability and those sorts of things, because it feels to me or appears to me that

00:04:33.580 there are all sorts of reasons that people would be flocking to gold. And I think we're actually

00:04:38.000 at a really unique time, economically speaking, where it isn't evident which which of those

00:04:43.860 reasons or which of those factors is the primary cause. So we'd love to hear more about that.

00:04:49.660 Yeah. And you bring up a really great point. And that is that there are so many, it's almost like,

00:04:54.580 you know, they don't rake the forest in California. And sure enough, eventually you have a forest fire

00:04:59.440 and that can be created in any sort of way. And there's a lot of different issues similarly in

00:05:04.720 gold that are driving it higher. But the thing that really launches it into the stratosphere,

00:05:09.120 who knows which domino will fall first. So you touched on a couple great ones. I want to start

00:05:13.940 with really maybe the most prevalent, and that's the national debt. Ever since we left the gold

00:05:18.580 standard in 1971, we've begun this unbelievable, I mean, incalculable divergence away from reality

00:05:26.040 by printing money ad nauseum there. So we now reach a point where we've got $35 trillion in

00:05:32.080 national debt. And I think people hear this number and they just water off a duck's back.

00:05:37.400 But that is an unbelievable number, $35 trillion. I mean, we were talking about hundreds of millions

00:05:43.820 of dollars of debt 30, 50 years ago, and now we're talking about $35 trillion, $1,000 million,

00:05:49.740 $1,000 billion, and then 35 times that to get to where we are. The interest on the national debt

00:05:55.980 now ends up being the largest line item on our country's budget. To give people a scope of really

00:06:02.200 how long it took to get to a trillion. We took 205 years from the time we started the dollar

00:06:08.540 to reach a trillion dollars in national debt, this country's history. We now do that every

00:06:13.040 hundred days. So 205 years, now we do it every hundred days. So that cycle there, it's parabolic,

00:06:20.380 right? It's not going to go 35, 36, 37. Eventually it's 35, 45, 55, 100, and then we get to

00:06:27.820 quadrillion. So at some point, there is a critical mass that this reaches where it does

00:06:33.580 completely implode there. So the question is not if, it's when. This is an unsustainable debt

00:06:38.660 problem. I like to call it a debt bomb because at some point that does explode. So that would be

00:06:44.120 probably the first piece I would point out to people. You touched on interest rates. Obviously,

00:06:49.220 that plays a part, but not in the way that people often think. One thing that people may not realize

00:06:53.940 is that as interest rates come down, that's actually good for gold. Historically, we see gold

00:06:58.080 do its best work when interest rates are low, because people want to protect their money,

00:07:02.140 but they're not getting as much forward in bonds and whatnot. And bonds have been very flat as of

00:07:06.000 late. So as interest rates come down in the future, that's actually going to be a benefit for gold. So

00:07:10.420 we haven't even seen that price movement yet. And then just kind of moving right along, the other

00:07:15.160 one you touched on was geopolitical instability, which is, I would say, the second one I would put

00:07:19.680 right under fiscal irresponsibility. So the geopolitical climate here, and a little bit of

00:07:25.740 background about myself, I did eight years in the army and military intelligence. And so I do have

00:07:30.640 some of a background on this to speak to this, is that you look at other countries and there is

00:07:35.760 effectively financial warfare that is occurring. That's why China, Russia have been stockpiling

00:07:41.120 their central banks, stockpiling gold at all time levels. So that is very intentional. And then

00:07:46.760 even just, you know, they would like to create things like bricks. I mean, there's operations

00:07:52.140 in motion to dethrone the dollar for the first time since Bretton Woods. Our dollar is at risk

00:07:58.260 of not being the world reserve currency. So big, big ideas there, big things going on. Which is

00:08:03.360 the one that really causes gold to launch to that next level? Anyone could say it could be any of

00:08:08.820 any of any of these. But that's the benefit of being in gold is that instead of looking over

00:08:13.120 your shoulder constantly and waiting to find which one has has ruined your retirement or your

00:08:18.880 savings, you can know that whatever happens, that that's positive for you. It's a prudent thing to

00:08:23.220 do to be in metals. Yeah, that's helpful. And so is it is it a right way to think about gold?

00:08:29.060 As you think about the price change of gold, right? It's actually not gold getting more expensive,

00:08:34.980 so to speak, but it's actually the dollar weakening with respect to gold. Is that the

00:08:39.040 right way to think about it? That's a great way to think about it. So in a statistic here,

00:08:43.960 just kind of to make that point here, when again, when people talk about gold being so high,

00:08:48.440 it seems overvalued, gold relative to the strength of the dollar is actually lower than it was in

00:08:54.860 the 80s. So that means that all this growth in gold, we're still under the natural progression

00:09:00.240 of gold, meaning that you've got an even greater relative growth to be expected here. Right now,

00:09:05.720 people are this is a not an economy where people are you know dying to protect themselves this is

00:09:10.960 a greed economy and as we know through all of history when everyone else is being greedy that's

00:09:16.400 the time you want to be safe and conservative you know whenever you know there's that old saying but

00:09:20.220 in this time here where i mean you can look at what i remember nfts were a thing a couple years

00:09:26.480 ago and all of a sudden people were paying millions of dollars for pictures on the internet i mean

00:09:30.500 i've never seen that before cryptocurrencies is you know going ballistic and don't get me wrong

00:09:35.160 I mean, there's certainly some some value to cryptocurrency. But when you look at it and you say, man, this feels like a bubble.

00:09:41.780 Guess what? You're right. And and absolutely no need to be chasing a bubble before it pops the the last sucker in before it pops, as they say.

00:09:50.880 Yeah. Yeah. And that's where I think it's like the most interesting. Right. With respect to gold is like the extent to which you should view it as sort of a leading or a lagging indicator of what the market's going to do.

00:10:00.460 because obviously, you know, we do tend to view that the stock market is hyper efficient or at

00:10:05.580 least efficient. And so when you see the price of gold go up or you see a weakening dollar,

00:10:11.480 you like to try to take signals in terms of, OK, what should my general sentiment toward the

00:10:16.640 economic outlook be? So whether it's, you know, I expect interest rates to fall and I see gold

00:10:22.680 going up and so I have higher confidence that that's going to occur, you know, you can then

00:10:29.180 start to sort of practically speaking as an individual uh think about your finances in that

00:10:33.840 way yeah absolutely oh go ahead well i was i was gonna ask what do you think about um in this

00:10:41.740 economic climate what do you think about banks like bank of america wells fargo um is is this

00:10:48.580 like because you mentioned 2008 um but wasn't correct me if i'm wrong wasn't um a lot of the

00:10:55.680 crash like 2006 and seven and eight it was starting to uh it was starting to recalibrate by that point

00:11:03.060 or no yeah so so really what was happening was we were starting to see the cracks obviously you know

00:11:09.600 the mortgage-backed securities crisis was really what caused that and so as as those uh guardrails

00:11:15.740 had dissipated there is this this fiend for more money people want to create more money and so

00:11:20.580 they'll cut corners to do that. And so that's what was starting to occur into six and seven.

00:11:26.660 And there was a lot of, we saw the sign, at least we saw some of the signs. I mean,

00:11:30.880 people like Michael Burry, obviously, were more aware than others, but the numbers were there.

00:11:35.080 But I think throughout history, there is a reality that when the problem becomes too big,

00:11:41.520 people will ignore it. And I think that we're in a similar position now, for instance, with

00:11:46.040 national debt when the problem becomes so great that it becomes unfixable people would rather

00:11:52.200 bury their head in the sand than acknowledge it because it could never happen here well it would

00:11:57.000 never happen and i'm sure people in venezuela said the same thing about their currency i'm sure people

00:12:01.960 in zimbabwe said the same thing about their currency i'm sure uh in throughout europe as

00:12:06.120 currencies have failed they've all said the same thing well it couldn't happen here well it

00:12:09.000 wouldn't happen here it absolutely does happen here fiat as a whole has one natural end result

00:12:14.760 And when I say fiat, just for those listening that may not understand what I mean by that, fiat is money that is backed by nothing, or at least nothing tangible. So the good faith and trust of the United States government as our money is. The natural result of fiat, and this is, I think, a theological point, but the natural result of fiat, when it is based on man's greed and what man can do, will always be more greed more and eventually collapse. It cannot last forever.

00:12:39.620 And I think that that is one of the fundamental biblical financial truths that I've come to in my studies is that when we put man in charge of this in that way, that is going to be the natural result.

00:12:51.020 And if you are playing in the sandbox, shall we say, with these people that make the rules, the bankers, et cetera, that make the rules in such a way that creates this kind of calamity, you really, in a way, only have yourself to blame because, you know, I think every person knows that the game is rigged against them in this way and that people, you know, bankers and whatnot will make out tremendously well and they will be left on the sideline, as did happen in 08.

00:13:16.440 And so if you're in that system and you say, man, I'm realizing, I'm having an epiphany that this will not end well for me, you're right. And you don't have to be in that sandbox. And that's where, you know, why I'm so passionate about metals and where we come in.

00:13:29.640 what what do you think uh real quick what do you think about bitcoin um i so so for myself i i like

00:13:36.400 it in the sense that it's similar to gold that it's uh it has scarcity right bitcoin is finite

00:13:42.040 um you know there's 21 million there'll never be any more um and i feel like a decent portion of

00:13:47.940 that by this point has been lost um you know so if anything uh it could decrease um in terms of

00:13:53.640 the amount not not its value but the amount of bitcoin whereas gold i mean it's certainly scarce

00:13:58.820 it's certainly rare but it's you know the you know it's it's basically it's it's basically finite

00:14:04.400 um uh in reality in practice but theoretically you know elon musk could uh find some golden

00:14:10.340 comet you know circulating around mars and bring it home and you know and and gold is is common as

00:14:15.860 grass you know so like that that is possible uh but gold also you know bitcoin doesn't really

00:14:21.220 have much utility blockchain technology you know there's some utility but at this point anybody

00:14:26.080 you know can make you know some kind of cryptocurrency and so you can you know bitcoin

00:14:30.360 is bitcoin because it's it was the first but there's there's lots of other people who can

00:14:34.260 make you know in terms of the utility of bitcoin um and whereas gold actually it's it's one it's

00:14:39.880 beautiful there's an aesthetic that is desirable for people in addition to that um as a metal it's

00:14:45.600 actually unique it's malleable so it's able to be used in tech and different things like that

00:14:49.840 um in a in a useful uh way and then you know and then also um you know gold yes you can find a

00:14:56.800 golden comet maybe you know in theory you know it probably won't happen but in theory it could

00:15:00.480 happen uh but bitcoin um is is secure as it may seem as technology increases quantum computing

00:15:07.400 uh is something that comes to mind like it is feasible that bitcoin could be hacked um you

00:15:13.080 know whereas gold you know gold can be physically stolen you know there could be some great heist

00:15:18.100 you know or something like that but um but gold can't be you know it's not not one hacker in the

00:15:23.540 middle of the night could crack the code and then all of a sudden the gold is you know vaporized and

00:15:27.960 gone so in that sense gold seems valuable i think bitcoin also has value but i i was wondering if

00:15:33.500 you could you know compare and contrast the two just a little bit um but then also i i'd love to

00:15:38.780 hear you know not not that you know you don't have to speak from authority uh but just as a human

00:15:43.660 being what what are your predictions uh for for bitcoin um alongside gold because i think bitcoin

00:15:49.900 is treated as as basically a digital gold and so i i think i think both are you know are probably

00:15:56.460 going to rise together that's my prediction but i'd love to hear yours yeah absolutely so i think

00:16:02.380 when we talk about gold and bitcoin one of the first things i like to point out is how have they

00:16:08.860 performed you know i like a track record with any investment i always think a track record is very

00:16:12.940 important and one thing that i will always you know point out with bitcoin at least to this point

00:16:17.900 and this is goes back to my earlier point here that uh you know some some of the the bubble talks

00:16:22.940 here about everything is that every time we've been faced with a major financial upheaval we've

00:16:29.660 actually we've seen bitcoin retract dramatically which tends to tell me that the confidence there

00:16:34.860 is maybe not in the same way that it is in gold in fact and it's the opposite we saw you know the

00:16:39.660 the pandemic, you know, COVID, all of that. When that came through, of course, gold, you know,

00:16:45.300 went up, was very, very strong, the strongest asset around. And of course, Bitcoin dropped

00:16:50.380 dramatically initially, eventually, obviously came back. And, you know, what we see that is

00:16:54.220 that when things hit, you know, the Bitcoin investors do get scared, which tells me something

00:16:58.720 psychologically about the people that even own crypto. And that's that they may not believe in

00:17:03.020 it as much as they are excited by it. Now, I'm not trying to say that Bitcoin doesn't have its

00:17:08.720 purposes. I think it sure does. But, you know, and I look at this just again, track record. And

00:17:13.140 then the other piece that I look at any sort of investment with is my fundamental understanding

00:17:17.120 of my faith and how that plays in to this. And I look through, you know, I read through

00:17:20.940 Genesis to Revelation. And one thing that seems constant is, you know, gold as both in the

00:17:28.420 beginning and in the end here. And so I understand that, you know, they didn't have the context of

00:17:32.980 the words to talk about Bitcoin in the Old and New Testament. But I also realized that I think

00:17:37.860 there is a lot of truth in, you know, God's commandments to give us tangible. And you're

00:17:43.060 right. We could go out and find a meteor. Sure, anything could happen. But I think a more likely

00:17:48.320 scenario, you're right, is something like quantum computing. So I just look at it purely in terms of

00:17:53.920 track record, security, safety on metals, and then a little bit more skepticism. I look with

00:17:59.380 a bit more skepticism on something like cryptocurrency. And I'm not saying that

00:18:02.960 people can't own it, shouldn't own it or anything like that. That's their own decision.

00:18:05.720 i'm just saying that uh you know i'm a tried and true kind of guy uh gold and silver have been

00:18:10.900 tried and true from genesis and will be tried and true until revelation so i look at that and that's

00:18:16.160 you know getting a little more into the theological basis there so i don't want to touch too much as

00:18:19.900 we can i i appreciate that that's honestly that's really compelling for me um because i i think if

00:18:25.660 there are certain points in the old testament where um all of a sudden you know like uh the

00:18:30.480 price of wheat you know drops immensely you know or you know different commodities you know we

00:18:36.540 think that we're so sophisticated and that you know everybody was a Neanderthal before us which

00:18:40.560 is not true at all but the reason why there would be big swings like that is like if Israel went out 0.69

00:18:45.840 to battle and you know and God was with them and gave them victory and they plundered their enemies

00:18:51.020 and all of a sudden they have all these resources so you know they had you know far more limited

00:18:55.880 resources in israel one day and therefore the price was was higher and then they conquer this

00:19:02.500 entire you know tribe over here and and this tribe was a wheat tribe you know that had a bunch

00:19:08.620 of wheat and so now the cost of wheat is um significantly cheaper and and that swings in a

00:19:14.200 day but there's no story that i'm aware of um in scripture where that happens with gold um even if

00:19:21.940 even if they conquered kings that had a bunch of gold then it's just like okay now you know now we

00:19:26.820 just have twice as much gold and twice as much value it doesn't cut the value in half because

00:19:31.460 gold is still viewed as as valuable uh regardless but the thing that you said that i thought was

00:19:36.260 really compelling is thinking of you know the book of revelation and you know i'm post-millennial so

00:19:41.540 i think a decent portion of the book of revelation has actually been fulfilled i'm a partial preterist

00:19:48.900 Preterist meaning past or fulfilled.

00:19:50.640 And so, but there's inescapable text,

00:19:53.860 even if you're looking at the last couple chapters 0.57

00:19:55.640 of Revelation that every Orthodox Christian believes

00:19:59.560 is still in our future yet to be fulfilled. 0.92

00:20:03.100 And even in those final chapters,

00:20:04.900 like the streets of heaven are paved with gold, right?

00:20:08.760 They're not paved with like ones and zeros

00:20:10.720 and digital code.

00:20:12.500 And they're not paved with whatever, with wheat there.

00:20:16.760 And so it seems as though in the mind of God, in God's economy, not only was gold valuable in the beginning, I like how you said Genesis to Revelation, not only was it valuable in the beginning, but it's still valuable in the present, and it would even be valuable in heaven, that it would have kind of an eternal value, which is really unique.

00:20:38.340 yeah i was just gonna say like in that way you know gold is is was made by god and bitcoin and

00:20:45.640 these digital you know store of values they've been made by man they're man's abstraction in

00:20:51.320 the same way that uh fiat currency is frankly i mean i really like that but even to the practical

00:20:56.600 point bill you you'd made about um i think what you were saying is that you know bitcoin and

00:21:01.180 ethereum uh these kinds of things they actually behave like like equities or historically they've

00:21:07.840 behaved like equities moving up and down with the nasdaq moving up and down with apple and so even

00:21:13.100 as a practical investment vehicle it's like i actually i see gold as an asset that diversifies

00:21:19.300 more portfolio in other words i actually want it to move inversely for example with with inflation

00:21:23.960 and with the money supply not not in uh in accordance with it and so i thought i thought

00:21:29.600 that was helpful i did want to introduce i this is really just selfishly i've had this thesis

00:21:34.640 about, uh, you know, Bitcoin specifically, uh, and its universality. And, uh, I, I obviously

00:21:41.440 think biblically speaking, the civil magistrate has a responsibility to control its economy to

00:21:46.400 some extent, not, not necessarily to, um, you know, a totalitarian extent, but in the sense

00:21:52.920 of protecting its borders, protecting its center citizenry. And I think Bitcoin actually, there is

00:21:57.380 a unique exposure, um, uh, to, you know, foreign influence in the economy when you use a currency

00:22:03.840 like that. I would love to hear a point about that. And then I guess I'll just throw in this

00:22:07.880 other concept of the centrally banked digital currency and sort of how that's different and

00:22:13.780 what that, you know, we see something like that in China, for example, emerging and how that's

00:22:18.340 different. Sure. So to the first piece there, you're right. I mean, obviously, you know, gold

00:22:23.720 suffers from this blessing and a curse in some ways as well, in that it does maintain quite a

00:22:29.420 bit of anonymity there. And this is specifically talking about cryptocurrencies and gold. So,

00:22:33.380 not CBCs, which I can get to in a second. But there is an anonymity there, which presents,

00:22:40.080 again, benefits, but also problems. Because who's to say a politician isn't being funded directly by

00:22:47.000 another country, a rival country? And we couldn't really stop that or find that much easier to do,

00:22:53.780 not totally possible, but much more possible to do when we're talking about more common,

00:22:59.820 conventional means of funds. So it does present somewhat of a problem. But the other piece that

00:23:06.360 you touched on, CBDCs, that I would say is much more scandalous in my mind. And the reason being

00:23:13.240 is it gives such a broad amount of control to the issuer of that. Whereas I think every person

00:23:21.460 wants some level of anonymity with their finances, some level of privacy with their finances. I don't

00:23:27.180 think that's saying that much. And, you know, people can debate where they want to draw that

00:23:30.340 line more or less, and that's fine. But when we talk about complete and utter surveillance on your

00:23:36.880 money, which is something like CBDCs, and for viewers that aren't familiar, central bank digital

00:23:41.720 currencies, that would be a currency issued by government similar to a cryptocurrency that would

00:23:47.660 then be accessible and controllable by the issuing body. So for the United States, that the talk of

00:23:52.920 that would be fed now. That would be the coin that they're speaking of. So what it gives is

00:23:57.780 a tremendous level of control that I think should make every person uncomfortable. I would absolutely

00:24:02.900 say that that starts pushing the boundaries into, you know, how could this be weaponized against a

00:24:08.920 public? So it's not something I'm super comfortable with. You know, I'm sure there's people will

00:24:13.020 disagree with me, but that's why we live in America. Okay. Super helpful. I want to come

00:24:19.180 back. I want to talk about Bitcoin a little bit more and hear your predictions and give an excuse

00:24:24.560 for me to give some of my predictions because it's just fascinating and fun. So I want to talk

00:24:29.980 about Bitcoin, talk about gold. I want to talk about really specific for the audience. This is

00:24:35.780 not financial advice. This is just strictly entertainment. We give theological counsel,

00:24:41.760 but we are not qualified to give financial counsel. But I do think that it's interesting

00:24:48.320 to look to the future and even the near term.

00:24:52.500 So I want to come back from this commercial break,

00:24:55.060 but please stick around for the listener

00:24:56.520 because we're going to give, I'm going to do it.

00:24:58.900 If the other guys are too scared to do it,

00:25:00.460 I'm going to do it.

00:25:01.340 Prediction for gold, prediction for Bitcoin.

00:25:05.040 I also want to ask,

00:25:06.140 why is silver and gold right now diverging?

00:25:10.060 To me, that's a little funny.

00:25:12.080 Usually I would expect it,

00:25:14.020 silver would be right there with gold,

00:25:15.720 respectively.

00:25:16.320 respectively. But it seems like gold is, you know, to the moon, baby. And silver is being left

00:25:23.800 in the dust. So we'll talk about that. And then also talk practically for the audience at the end,

00:25:30.320 if they want to invest in gold, what are some ways, you know, practical ways to go about that

00:25:35.440 that would be wise and a good value. All right. So let's go to our first. And I think today we

00:25:42.240 only have one commercial break. So we'll go to our commercial break and we will be right back.

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00:29:37.380 All right, we are back. I saw a couple guys in the chat saying,

00:29:41.540 RightResponseBibleGold.com, is that Pastor Joel's personal company?

00:29:46.400 And the answer is yes.

00:29:47.700 My son, Franklin, he just turned three.

00:29:49.580 I've actually got him in the backyard with a shovel right now.

00:29:52.160 He is digging.

00:29:53.660 And that's a 24-7 kind of thing.

00:29:55.720 I've got, you know, even my girls are out there, you know, that's just slaving away.

00:29:59.020 And we have discovered gold in the Webin property in the backyard.

00:30:02.920 And we are shilling it on the internet.

00:30:06.020 No, that's not actually our company.

00:30:07.900 That is the domain name to be used for Genesis Gold is the name of the company.

00:30:12.360 and uh our guest today bill armor is a representative genesis gold and so he'll

00:30:17.340 tell you a little bit more at the end of the episode if you'd like to check out uh their

00:30:21.680 company their work and um and it's a christian company is that right bill absolutely yeah you

00:30:27.520 know hopefully i make a you know a mark here that's that's representative who we are as a

00:30:31.820 company but we are a bible-based all bible-believing born-again christians here and uh and i think

00:30:37.700 that that obviously and we'll touch more on the end i'm sure but uh but that does that guides our

00:30:42.120 entire approach to this both you know how we we talk about finance to how we treat clients awesome

00:30:47.880 okay so predictions here we go i'm just going to go right out the gate bitcoin 168 000 that's my

00:30:54.100 guess for this cycle bitcoin uh and the cryptos tend to follow like this four-year cycle that

00:30:59.820 follows the halving you know every four years uh that happened let's see that was in 2024 i believe

00:31:05.340 was the last halving in april i believe it was um and so you know it's usually kind of follows this

00:31:10.680 cycle uh every four years and then you know usually goes into like a winter cycle for a

00:31:15.540 couple years in between um so i'm i'm thinking that uh by even the end of this year i think that

00:31:21.240 we could see 168 000 dollar bitcoin right now it's kind of pulled back some and uh but i don't

00:31:27.720 think that it's done um so i i think that we'll see a couple legs up on that journey and it does

00:31:32.960 seem like gold is kind of following you know i don't know if gold's following bitcoin but maybe

00:31:38.380 Bitcoin following gold, but it does seem as though both are viewed as, you know, physical and digital

00:31:43.480 gold as a hedge when people get scared. And it's kind of funny because I agree with you, Bill,

00:31:50.180 that, you know, it does look like a bubble right now in the market in terms of, you know, price

00:31:55.680 to earning ratios. You're right. They're out of this world. I think of like you said, like, you

00:31:59.180 know, 40, 50, 60. I think Palantir is like, like 150 time PE ratio right now, just astronomical.

00:32:07.160 So there are some companies that are absolutely off the charts, PE ratios that we've literally

00:32:13.680 never seen, even half of what they are today.

00:32:17.700 So it does look that way.

00:32:20.420 And I think some people, it's like, on the one hand, there's arguably a bubble, maybe

00:32:25.840 it's not, maybe it is, but a bubble forming in the market.

00:32:30.120 On the other hand, though, you think of Warren Buffett cashed out a ton.

00:32:35.880 you know, he was, he's been an Apple forever and Apple was late to the AI game. Uh, Tim Cook seems

00:32:41.880 more like a peacetime CEO than a wartime. He's not like Steve jobs. He's kind of, he's your

00:32:46.500 quintessential boomer. Um, you know, God bless him. But, uh, but that's, you know, probably the

00:32:50.260 best way to describe him. So just kind of, you know, back in my day, you know, uphill both ways

00:32:55.100 in the snow, you know, steady, uh, steady, she goes, you know, and, and so, you know, a lot of

00:32:59.720 other companies um you know really invested like microsoft you know microsoft the last 18 months

00:33:05.840 has been phenomenal and apple has been left behind it's it has not seen all-time uh new all-time

00:33:12.540 highs uh in quite a while and so i see some of these companies growing but you know but there

00:33:17.040 actually might be some value there with artificial intelligence and some of the things that it could

00:33:21.060 produce um it could just be that that we're sitting on you know but it's a gold mine uh with

00:33:27.100 you know with new innovation and technology and those kinds of things or we could not but my my

00:33:31.440 point is um you know warren buffett just as one example but i think i saw tom lee uh recently come

00:33:37.100 out uh an economist for fund strat and he said that i think seven trillion dollars of institutional

00:33:42.780 money big uh smart money uh investors is currently on the sidelines um so there's actually there's

00:33:49.260 it's weird it's like we have all-time highs and yet at the same time there's uh in in my um in my

00:33:55.340 analysis it seems like there's also simultaneously a lot of hesitation it's not like everybody you

00:34:00.320 know it's one thing when it's like you and you know when when it's thanksgiving and your grandma

00:34:04.920 is asking you how to purchase fart coin like get out abandon ship you know like like the sky is

00:34:13.560 about to fall right when grandma starts asking you you know how to buy you know pepe you know

00:34:17.700 or whatever then uh we're in big trouble um but but i i see kind of like there is some of the

00:34:22.820 fanaticism with the market and AI and these kinds of things. And yet at the same time,

00:34:27.700 there's like trillions of dollars on the sidelines right now. And I think that's part of what's

00:34:32.340 driving up price of gold. I think some of those guys are in bonds and in gold and things like

00:34:38.960 that. So when I look at the investing world and I look at actual hedge funds and firms and smart

00:34:45.660 money. A lot of them don't seem like they're acting crazy, like 2006, 2007, you know, 2008

00:34:52.560 before a crash. A lot of them, I think, are actually, in some ways, you look at the greed-fear

00:34:58.520 index, and we're not. We believe it. I mean, yes, I understand total depravity and man's heart,

00:35:03.940 you know, being greedy, you know, kind of as a default setting. But in terms of, you know,

00:35:10.420 relatively speaking, we could be a lot more greedy right now. We're actually, there's,

00:35:14.000 you know we're decently into the um you know kind of in the middle like a little bit of fear a little

00:35:19.100 bit of greed uh even with retail investors you know people are kind of people are talking about

00:35:24.580 well maybe this is a bubble i'll wait for it to come down uh let's let's see what happens in

00:35:29.780 september with fed pal you know and maybe we'll get interest uh because you know he even you know

00:35:35.080 came out dovish in in the last fed meeting um in uh august uh which you know because the market you

00:35:41.120 could see the few days leading into that Fed meeting, there was, you know, there was a pullback

00:35:45.020 and some hesitation. Is he going to come out hawkish and, you know, say the sky is falling?

00:35:49.940 But he actually used the kind of language that investors, you know, in the market were looking

00:35:53.840 for in terms of he said, I think we now need to shift our focus, right? He's been banging the

00:35:59.280 drum of inflation, inflation and inflation. And, you know, but he came out and actually said,

00:36:04.680 you know, now he's a little bit more worried about unemployment and some other. So he actually

00:36:10.420 shifted his rhetoric to saying, I think maybe now we've tamped down inflation some. It's not great,

00:36:17.980 but some. It's not like it was in 2021, 2022. And now the bigger fear is stagnation rather than

00:36:27.700 inflation. And so making money cheaper for corporations to use them. And so my point is,

00:36:33.660 i i see like bitcoin i don't think it's done i i think it's it's going to continue to uh to to go

00:36:40.260 to the moon i think 168 000 i definitely don't think gold is done i think that's going to keep

00:36:44.840 going and unlike bitcoin it's not necessarily this four cycle you know four-year cycle thing

00:36:49.320 but then even the market i i personally i could be wrong i tend to be more of a pessimist but

00:36:56.100 but right now i actually think the market has uh some legs i could see an end of the year rally

00:37:01.320 similar to 2020, we spiked after COVID all the way to like January. And then we came down some

00:37:08.400 and then 2021, that last final Q4, again, kind of spike. So I could see the market coming down

00:37:16.320 towards the very end of the year, Q1 of 2026 and recalibrating, maybe a sell-off, maybe a strong

00:37:25.200 pullback or even a correction um maybe maybe a crash uh but but i don't see uh the market coming

00:37:32.240 down next week um not not significantly especially now that i think uh the latest is um it's 90

00:37:39.140 percent you can bet on everything you can bet on uh not just the market uh but you can bet on

00:37:44.460 interest rate cuts you can bet on you know sports you know all these and and right now you know you

00:37:49.300 look at um polling and uh some of the the betting sites and uh it's a 90 percent um a bet for rate

00:37:57.640 cuts in september um is is what right now people are pricing in um and i think most people are

00:38:03.500 expecting a 25 basis point uh rate cut and personally again not financial advice i wouldn't

00:38:09.260 be surprised if fed pal right here at the end of his tenure you know comes out and um and and even

00:38:15.460 gives us you know a surprise you know 50 point basis uh cut which the market would rally and

00:38:21.120 soar off of that and so would bitcoin and so would gold so i i think i don't know it's weird but it's

00:38:26.220 like all three right now are are going together and i think part of the reason all three are going

00:38:30.040 together is because i personally um i i think that yeah a lot of people are in the markets but

00:38:35.480 seven trillions on the sidelines and i think people are invested in gold because there actually

00:38:38.980 is some fear and not just greed right now i think we have like a pretty even mix of fear and greed

00:38:44.040 and so this i think we just have a ton of money i think i think we just have a ton of money right

00:38:49.860 now and so it's just every everything is going off the charts uh because america despite all

00:38:55.140 of our problems and mass immigration all these kinds of things at the same time um part of the

00:39:01.020 reason why we haven't had a crash this year um you know we had the scare after tariffs in april but 0.70

00:39:06.160 but since then is because um each quarter these these monolith companies keep putting up they

00:39:13.780 keep beating the earnings expectations. Like they actually are producing, you know, and I'm not even

00:39:20.500 saying they're moral or anything like that, but they are putting up massive numbers, massive

00:39:25.320 production, tons and tons of money continuing to pour in. And so I do think it's different than

00:39:32.300 like 2006, 2007, 2008, and some of the things that have led to a crash before. But that's my

00:39:39.060 prediction i think 168 000 for uh bitcoin i wanted to see if you think bitcoin will keep rising or

00:39:45.160 if you think it's already hit the top and then also what's your prediction let's just say for

00:39:49.620 end of year end of year prediction for gold yeah absolutely so i mean i won't be as quite as eloquent

00:39:57.020 as you and and of course you know there's there's people out there that uh know bitcoin probably a

00:40:01.800 lot better than i do or other cryptocurrencies but you know not a prediction not a prediction

00:40:06.140 in the sense that, you know, anyone should take this as financial advice or anything like that.

00:40:09.700 But but I would look I would even be actually a little more generous to Bitcoin than you and

00:40:14.240 probably say about one hundred and seventy thousand roughly. I think that we do see,

00:40:18.860 you know, this kind of, you know, tandem move here. So I don't think that's tremendously uncommon.

00:40:23.860 You know, and then, of course, maybe longer term, I would see a pullback. To me, it's not so much

00:40:28.940 about the short term of how Bitcoin behaves. You know, you can rally can go up, go down. It goes

00:40:35.580 left, right, sideways. To me, I look at it as there is a point here of major retraction of all

00:40:42.620 across all these economic vehicles, gold withstanding, which is, you know, maybe

00:40:48.000 self-serving. Obviously, I recognize, you know, where I work, but that is my belief. And so I

00:40:54.160 would say that retraction, when that comes, the only question is how far are we falling off of

00:40:59.580 the ledger? How high have we climbed up the ladder? So to me, you know, if people are looking

00:41:04.740 to squeeze the last bits of juice out, then that's completely their prerogative. People know

00:41:09.400 their own finances better than I ever will. But I do see it that way in that whether it's $170,000

00:41:15.940 and then maybe it runs again, maybe it's $250,000, whatever that number is, is to me as someone who

00:41:21.900 looks at this over really a long term and oftentimes with clienteles that want to hedge or

00:41:29.800 they want to protect themselves from general market instability. I look at this as an if,

00:41:34.840 not a when, or excuse me, a when, not an if. So I see it as almost a non-issue in that sense.

00:41:41.060 To me, if I were to think about it biblically, I was talking to someone the other day,

00:41:46.020 and we were talking about, and this conversation came up between us, how people look at,

00:41:52.300 you know, I talk about gold and silver as, you know, hey, you want to get in before

00:41:56.580 things really go sideways. And oftentimes the response I can get, not from everyone, but some

00:42:02.980 people is, well, I've just, I, you know, the market is doing so well, or this is doing, you know, so

00:42:08.500 great. And so I just want to hang on a little longer. And I think we see that when we, when we

00:42:13.320 do any sort of ministry with people oftentimes is there's this sense of pullback with people of,

00:42:18.760 well, I really don't want to, cause Christ is going to convict me on these things. I really

00:42:22.640 don't want to change this because I'm having, you know, I'm having so much fun or I want to live

00:42:26.780 this lifestyle. And so I really would rather just engage with Christ and, you know, come to faith

00:42:32.400 later in life or whatnot. So I know that's maybe a bit of a stretch to compare those two, but

00:42:37.740 functionally, I think they actually play out the same. And that is that a lot of the people I talk

00:42:42.720 to seem to have an understanding that there is going to be this major retraction at some point.

00:42:48.000 And the only question is when that will be. And to my point or my point to that would just be, you're either early or you're late and no one is ever on time. And that was one thing you learn in the military as well as you're never you're never you're never on time. You're just late at that point. So best to be early. So I see that here as well is when you want when you're talking about diversification, you're talking about avoiding some of this this calamitous disaster. It's being early.

00:43:14.000 So that would be kind of my, but still, I would stand by, you know, what I said there at about 170,000 for Bitcoin. On the side of gold, I would say in the shorter term, so the next, I should backtrack. With gold, just to clarify, we look at it in terms of the general, if nothing happens.

00:43:31.180 We talked earlier about sort of all of the kindling that exists, you know, that we're waiting for a fire to start to really dramatically rise gold.

00:43:39.720 And so if any of these things happen and we go into World War Three or, you know, we see bricks really gain steam, dramatic steam, you know, things like that, where all of a sudden we're not talking about gold that, you know, 20 percent returns.

00:43:52.640 We're talking about gold, you know, three, four or five hundred percent returns.

00:43:55.300 And people may look at me and say, OK, you know, but no, these are these would be massive.

00:44:00.260 I mean, on huge seismic shifts in our entire economic landscape and they're on the horizon.

00:44:06.040 So if those happen, then then obviously all of this goes out the window.

00:44:09.920 But otherwise, I would say a pretty good estimation, as far as most experts would agree, is around four thousand dollars for the end of the year.

00:44:17.080 Obviously, it's about thirty five hundred roughly, give or take about thirty five fifty today.

00:44:21.140 So that still represents, you know, a pretty good return, about a 15%, excuse me, about 19, 20% return there on gold there. So still quite a return in the rest of the year. And then over the next two to three years, I think 5,200 is a pretty good approximation.

00:44:39.320 nation. Cool. Great. Antonio, any thoughts? Yeah, well, I don't think I'll go as far to make a

00:44:44.880 prediction, but I would say I have a generally bearish assessment of the market right now. I

00:44:51.540 think about this AI momentum that we see happening. Obviously, the stock market is trading heavily

00:44:58.880 tech skewed, and I think that's partly because of retail investors. They're interested in the

00:45:04.480 most cutting edge sort of high growth, high yield assets. And obviously it happens to be tech that

00:45:09.900 happens to be Palantir and Tesla and Nvidia. And so there's those sort of represent a disproportionate

00:45:15.480 amount of trading volume and those sorts of things in the market. But I tend to see this time in the

00:45:22.480 economy as sort of like, I guess I would call it stably uncertain. So going back to your point of

00:45:27.340 like, you have all of this dry powder on the sidelines, and we're trying to wait and see what

00:45:31.960 will happen with tariffs, what will happen with, you know, interest rates, but also people are

00:45:37.520 seeing the market and they see, particularly in tech stocks, high PE valuations. And they're not

00:45:44.380 really sure if there's anything, any juice left to squeeze out of some of these sort of high

00:45:49.660 momentum companies and stocks. And so I think there's, that's sort of where we're at. We're

00:45:55.940 just sort of in a waiting period, so to speak. And then I think that the most important piece

00:46:00.140 is this AI, what some would call a bubble, which is you're seeing a ton of investment into AI. AI

00:46:06.360 for my tractor, and if I'm John Deere, AI for my finance system, if I'm a bank, for example,

00:46:17.560 right? So everyone's investing in AI, and we haven't really seen the payout, if you will,

00:46:22.400 or the yield from that investment. And so people are really trying to figure out, like, is this a

00:46:26.140 bubble everyone's talking about ai every startup saying we're this company ai right they're trying

00:46:31.660 to capitalize on the on the wave and i think in this way where we're at is kind of analogous

00:46:36.200 similar to the dot-com exactly oh you have a website yeah and that's exactly what i was going

00:46:41.080 to go to is say okay well let's look at the dot-com bubble and what we were seeing happen

00:46:44.340 there and i i think we kind of feel the same trends as we're coming to the close or potentially

00:46:49.140 the pop of that bubble and i'm not i'm not necessarily convinced that it is a bubble but

00:46:53.660 I do have a sort of a tummy rumble that it is. And so I guess I wanted to go back to like if we

00:46:59.220 were to assume that was true, Bill, I wanted to go back to you and say, well, what do you think

00:47:03.440 happens to gold if we're in a bubble, if that happens sort of in the short term? If the market

00:47:08.800 crashes. Exactly. So we could look at you could look at the dot com bubble and say, hey, what was

00:47:13.100 the movement of gold then? Obviously, gold after the great financial crisis, same situation we see

00:47:18.580 it spike. And then, of course, the pandemic as well. We see gold spike. And so I'm curious if

00:47:22.240 you see any upside, if you will, Bill, past that 4,000 mark that you'd set for the end of the year

00:47:29.960 and what you think that sort of bull case upside looks like? Yeah. Yeah. Great question. And I want

00:47:37.800 to touch just real briefly on what you said, because I thought it was great, is people,

00:47:42.540 maybe people know this, maybe people don't. The top 10 companies in the S&P make up 40% of all

00:47:47.820 the market share. And I always think that's interesting when you compare that with something

00:47:52.520 like the Russell 2000 or something like that. And you draw up the S&P 500 versus the Russell 2000

00:47:59.400 over the last 10 plus years. And you start to notice a change that I think should make people

00:48:04.540 nervous. And that is that there is this sucking coming from these top 10 companies, Magnificent

00:48:10.580 7, wherever you want to draw the line at. But they are continuing to grow and grow dramatically.

00:48:15.980 but we're not seeing other companies grow. We're not finding these companies on the Russell,

00:48:20.680 for instance, that are becoming darlings and growing. So what that should tell us is,

00:48:25.320 I mean, how much bigger is something like Apple going to get? Is Tesla going to get? I mean,

00:48:30.360 are they, what, are they going to be overlords that, you know, 10 companies that control the

00:48:33.480 whole country? I doubt it. So at some point, yeah, maybe. That's exactly what I think is

00:48:41.500 going to happen, but go ahead. Yep. No, I mean, I, I, I'm just saying that at what point can,

00:48:47.420 can they do, we're putting so much on so few, I guess is what I should say. So it's kind of like,

00:48:53.460 you know, uh, there's, there's one team that everyone thinks is going to win the game and, uh,

00:48:58.020 and they don't always win. And so if you, if all your chips, all the marbles and we're all counting

00:49:03.180 on 10 companies to carry the market, something goes wrong at one of those companies and things

00:49:07.880 go wrong at companies every day. I mean, you look back 20 years ago, companies that people thought

00:49:12.180 were going to be here forever are no longer here. And we'll see that again. I mean, who they are,

00:49:16.060 no one really knows, but to act like they're invincible and that if we don't have players

00:49:21.460 in place to replace that should work, it's extremely dynamic. You can see things change

00:49:26.780 really overnight. Yeah, no, that's a good point. It seems at bare minimum, it seems like it would

00:49:33.300 be wisdom uh to say that everybody's portfolio should contain at least some gold as a hedge

00:49:39.720 um so to say like hey you know what i i've done i've done my analysis i've done you know i've

00:49:45.820 looked at the fundamentals i'm not just you know looking at at the charts and i'm not just playing

00:49:49.740 the game but i've looked at the fundamentals of these three companies or whatever it may be and

00:49:53.780 i really believe in them i think there's a lot of upside and i've looked at their plan i've looked

00:49:58.340 at their earnings you know and um i believe in them and so i'm going to invest in this and i'm

00:50:02.720 going to invest in that. But to also contain, you know, within your portfolio, say like, I'm also

00:50:07.440 going to put a certain amount in gold. And so I guess to pose it as a question, what do you think

00:50:14.920 is a wise percentage when it comes to somebody's investments? What do you think is a good kind of

00:50:21.700 at least minimum that they should have in precious metals like gold? Yeah, great question. And I

00:50:27.780 always, you know, because you understand the position that I'm in when people ask how much

00:50:31.960 should I have in metals? So I try what I always aim to do. And this is my goal for the entire

00:50:37.200 process. This is kind of a company motto in a sense, too, is to provide a really good case

00:50:42.720 and understanding across the board of metals, you know, really everything that we can provide for

00:50:48.140 the listener, for the people that talk to us, that seek our wisdom on this and help them to

00:50:54.740 be the captain of their own ship. And what I mean by that is we're really just helping to explain

00:50:59.660 the roadmap and whatnot. And at the end of the day, you know, I never want to tell someone,

00:51:03.520 look, you should do this or you shouldn't do that. That's really not my place. Because as I mentioned

00:51:08.200 before, I think that I'm never going to know someone's financial situation better than they

00:51:14.060 will. I don't pretend to, you know, everyone's a little different there. But what I can provide

00:51:18.420 is a tremendous amount of information that can help them make really informed decisions. So

00:51:22.820 with that said, I mean, you know, there are some clients that want to get as, you know,

00:51:26.860 shove as much as they can into metals, you know, as close to every dollar as possible.

00:51:30.340 And there's some that want to do, you know, 10 percent. And there is a chasm between those two

00:51:34.580 numbers. And depending on how you see the world and the way that information affects you and

00:51:39.540 your understanding, I mean, you know, I could tell you that gold is going to go to 10,000

00:51:43.420 tomorrow. It doesn't mean you should listen to me. So with all of that said, you know,

00:51:47.860 it's hard for me to give a solid answer to that. I would say, of course, you know, do your own

00:51:52.640 due diligence your research on this and ask questions and i can help but i try not to give

00:51:56.880 hard and fast numbers like that uh in that way but i don't want to just i i do want to just

00:52:03.200 touch back real quick because i realize i didn't quite get to answer the question of what happens

00:52:08.880 if we do see a some sort of crash or whatnot and the answer is that historically what we see

00:52:14.480 is there is a period when the crash first happens immediately actually people may not know this

00:52:19.040 gold drops a little bit and that's because there's a pullback of every asset where there's a moment

00:52:24.000 of they're looking around and say okay is this real is this fake what is happening here and then

00:52:29.040 once it becomes validated that this is in fact going to be a recession a crash whatever that

00:52:34.160 might be then you start to see the inflows into metals and that initial purchase is because people

00:52:39.760 are saying we understand that this will be a somewhat of a long-term hold here and we want

00:52:44.240 something that's going to produce for us going to grow in the midst of economic turbulence gold does

00:52:48.880 great when there's instability. Gold does great when there's uncertainty. So in that junction,

00:52:54.420 gold does tremendously well, and you tend to see those great price hikes. And then once that starts

00:53:00.020 happening, you get the sort of the chasers a little bit down the road. And those are the people

00:53:03.920 that lost in the market. They were late. And then now they see this other thing going up,

00:53:08.260 and now they chase that as well. So that's why I always tell people, you want to be preactive,

00:53:12.420 not reactive. If you're going to stay in the market, stay in the market. That's all right.

00:53:17.600 That's a choice you can make. But if you're going to go to metals, do it now. Don't do it. Don't wait until you've lost dramatically to get into metals. Do it now or it's fine. If it's not for you, don't do it. You never hear me try to convince someone to do something that they don't feel comfortable with. But I will say that whatever decision that people make, it's always important to have those conversations and make those decisions beforehand.

00:53:39.040 So as far as price targets and whatnot, if we see some sort of a crash or anything of that nature, that's where you get the big numbers where you start to see gold, you know, seven, eight, nine, $10,000 in the immediate future. And that's just, you know, going off of historic norms. I mean, if a major conflict erupts, we typically see gold jump about 40%. So on, you're looking at $1,200, $1,500 in the course of a couple of weeks, if you see a major geopolitical crisis erupt.

00:54:06.040 yep helpful answer well i'll say this for the audience uh sake since you're uh not going to

00:54:12.000 um steel man yourself i'll do it for you i really appreciate you as a guest on the show because i

00:54:18.320 feel like you've been um uh you've done your best not to be biased you've been fair and uh so not

00:54:23.600 just you know shilling for gold um as somebody who represents gold and um and not manipulating

00:54:29.440 people so i appreciate that a lot i think i have a compromise that everybody can get behind you

00:54:33.900 a little bit of investing with gold, a little bit in the market.

00:54:36.820 I think if we invest in Tesla robots using chat GPT

00:54:41.220 to locate and dig for gold on Mars,

00:54:44.440 then we can all be happy, right?

00:54:45.700 We've got the precious metals.

00:54:47.020 We've got some space exploration.

00:54:48.680 We've got some AI, physical AI and digital AI.

00:54:52.080 It's just all around.

00:54:53.380 So I'll go ahead and start working on a company

00:54:55.560 that can achieve all of that.

00:54:57.080 And I'll let you know where you can invest.

00:54:58.760 In the meantime, though, again, I really mean it.

00:55:02.120 I think you've done a great job of being fair to the topic, of providing us some theological,

00:55:07.360 biblical support.

00:55:08.140 We very much appreciate that.

00:55:09.920 Again, for those who are just tuning in now, because we're live, go back and watch the

00:55:14.620 beginning of the episode.

00:55:15.400 I thought it was a compelling point, talking about gold maintaining value in God's economy

00:55:20.560 from Genesis all the way to Revelation, that there's no point even in our future, biblically

00:55:25.100 speaking, where gold is not valuable any longer.

00:55:29.860 And so I think that's really compelling.

00:55:31.140 so you've done a great job we appreciate having you as a guest i want to end here uh just for

00:55:37.160 anybody who may be interested not trying to compel anybody or manipulate anyone but for those who say

00:55:42.300 yeah you know what i want to kind of hedge my bets a little bit and uh invest some in precious metals

00:55:47.500 in addition to you know some of their more aggressive investments um where where should

00:55:52.180 they go if they wanted to use genesis gold group uh being a christian bible believing company that

00:55:58.040 would be my preference um where would they go if they want to invest with you guys yeah absolutely

00:56:04.120 and i'm sure you've got the the url there plugged up somewhere accessible for people but you can

00:56:09.580 yeah nathan let's let's pull that up on the screen just one more time so they can see the url but i

00:56:14.100 believe it is um okay we don't have it ready but it's uh it's on the pre-recording and it's in the

00:56:20.440 description okay so if you go to the description of this episode it's right response uh bible gold

00:56:26.640 right response bible gold all lowercase.com but it's in the description for the uh the show notes

00:56:33.360 right so they can go there they can also reach out 1-800-200-GOLD uh directly to us you're

00:56:39.540 welcome to ask for me you can ask directly to speak with bill i'm more than happy to break

00:56:44.100 this down and you know i i do appreciate you telling me that that i've been fair here i make

00:56:48.440 a very concerted effort to to not try and create straw man arguments or whatnot i try to you know

00:56:54.780 I have a firm belief that whatever people do that and this is going to sound corny, but it's my it's my truth.

00:57:00.420 It's really what I believe. And that's that God is going to be the best financial advisor out there.

00:57:04.220 And if people are praying on this and are really leaning on the Lord's wisdom and they come to me and say, hey, Bill, this is what I'm thinking.

00:57:10.940 I'm going to support that all the way if they want to fax figures, information provided.

00:57:15.640 I'm going to do that. What you're not going to see is a used car salesman.

00:57:18.840 That's for myself and that's for anyone else at Genesis Gold. That's not the way that we do business here.

00:57:23.140 we really do believe in educating people, putting them in a position where they can make

00:57:26.880 a really great decision for their family. And frankly, I do this because I really believe in

00:57:32.340 it. I got a degree in biblical studies. I was in the military. I worked at a church and came out

00:57:38.240 of that to do finance on this side because I really started to see some of the uncertainty

00:57:42.260 and unraveling in the financial system. And this was an economic and theological decision I made

00:57:47.340 to work at this company. And I believe very strongly in it. So if you'd like help with that,

00:57:52.000 any of the, again, the number, the 1-800-200-GOLD, you can go to the URL that's provided in the

00:57:57.600 description there. Speak with a representative. We're going to answer any questions you have.

00:58:02.100 We can assist with retirement accounts. That's 401Ks, IRAs, 403B. I mean, the whole gamut there

00:58:08.820 is at least we can talk about and see if that is an option and is accessible. And then, of course,

00:58:13.380 you've got what are called non-qualified funds. So that's money you've got sitting in the bank,

00:58:17.700 savings, checkings, et cetera. And you say, you know what? I'd really like to have some gold or

00:58:21.540 some silver. And we didn't even talk about silver. That's a whole other conversation. But I'd like to

00:58:26.280 have some metals in some way or another. And we'll strategize with you and help you find out a way

00:58:30.700 that's going to be great for you to accomplish that. So we're on your team here. We're going to

00:58:35.180 do the best for you guys. And looking forward to chatting with anyone that reaches out.

00:58:39.860 Awesome. Well, we appreciate Bill Armour and Genesis Gold. Thank you for coming on the show

00:58:44.340 and helping to educate myself and our listeners on this topic. And the phone number, I didn't

00:58:50.840 think about this, but for our sake, go ahead and forget the phone number and do not use it because

00:58:55.900 we won't get credit for it. Go to, again, do rightresponsebiblegold.com, rightresponsebiblegold.com

00:59:03.740 or call the phone number. That's fine. But tell them that Right Response sent you their way.

00:59:07.160 Yes. Yeah. If you call in, please tell us where you came from.

00:59:11.360 Yeah. Well, thank you, Bill. We appreciate it. Thank you to the listener for tuning in,

00:59:14.940 and we will see you Lord willing on Friday. If you're new to the show, we live stream three

00:59:19.660 times a week. It's Monday, Wednesday, Friday at 3 p.m. Central Time. Monday, Wednesday, Friday

00:59:24.620 at 3 p.m. Central Time. We are broadcasting live on both YouTube and X, so you can follow us

00:59:30.760 both of those places, and we will see you, Lord willing, on Friday. Thanks for tuning in.

00:59:49.660 You

The NXR Podcast - September 03, 2025

THE LIVESTREAM - Gold Hits All Time High： What Does It Mean For Our Economy？

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