The NXR Podcast - September 03, 2025


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

Topics
fiat currency collapse silver and gold divergence gold returns gold investment percentages
Hosted by
Joel Webbon Harrison Smith Antonio Griffith Dale Partridge Wewsley Todd Calvin Robinson
Guests
Bill Armour
Mentioned
Bitcoin Antonio Covenant Eyes Palantir Warren Buffett Bretton Woods Michael Burry Wesley Todd Pastor Joel John Deere Tim Cook Russell Webin Steve
THE SERMON - Jesus is Meek, Not Weak THE LIVESTREAM - Joel Berry vs. The Founding Fathers？

Episode Stats


Length

59 minutes

Words per minute

195.15

Word count

11,682

Sentence count

521

Harmful content

Hate speech

4

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Gold is at an all-time high! What does that mean for the economy and the rest of the financial markets? What does it tell us about the direction of the economy? And why are people flocking to gold at this time in history? In this episode, we are joined by gold expert Bill Armour to discuss these questions and more.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 Leave us a five-star review on your favorite podcast platform.
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00:00:30 Okay. Gold is officially at an all-time high. So naturally, we expect that everything is going to
00:00:38 crash in the market at any moment. That's tongue-in-cheek. We don't know exactly what's
00:00:44 going to happen, but we are going to be making some predictions today. There is a little bit
00:00:49 of a historical, as the old saying goes, history doesn't always repeat itself, but it does rhyme.
00:00:55 And so there are some historical precedents for what happens when gold surges, and we
00:01:01 are experiencing a surge right now.
00:01:03 So to have this conversation, we are going to be joined by a gold expert, Bill Armour.
00:01:09 So he's going to be joining us for the show today.
00:01:11 We're going to be talking about predictions with the economy in a macro sense, what's
00:01:15 going on with gold, and then getting even into some of the theological and scriptural
00:01:19 proofs for why gold has been a commodity of value down through the centuries.
00:01:25 and how it differs from other forms of currency
00:01:28 like fiat currency or even crypto.
00:01:31 We'll be talking a little bit about crypto today as well.
00:01:34 Tune in now.
00:01:44 All right, all right, all right.
00:01:45 We're back.
00:01:46 We are back.
00:01:48 Wesley Todd is out of town right now.
00:01:51 He's helping his parents move to the great Republic of Texas.
00:01:55 So that's great.
00:01:56 Praise God.
00:01:56 Yep.
00:01:57 So they're on the road and he should be joining us on Friday for the live stream.
00:02:02 But for today, it's myself and Antonio.
00:02:05 And as I said in the cold open, we are joined by Bill Armour.
00:02:09 Bill, thanks for joining us on the show.
00:02:11 Pleasure.
00:02:12 Thanks for having me.
00:02:13 Absolutely.
00:02:14 All right.
00:02:14 So let's just start right out the gate.
00:02:17 Gold is at an all-time high.
00:02:19 It is surging.
00:02:20 What does that typically mean for the economy as a whole?
00:02:25 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 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 And the market was right in tandem there. And obviously, we all know how that ended.
00:02:50 So historically, the way to think about it is that gold operates like a financial bloodhound.
00:02:56 And so it's sniffing out inefficiencies or issues with the broader market.
00:03:02 And if it is going up in the way that it is, it's generally telling us something.
00:03:06 And it's telling us that something is coming.
00:03:09 Now, one of them is lying.
00:03:10 Either the market is lying and the dollar is lying or gold is lying.
00:03:14 Now, gold has never lied once.
00:03:15 It's been immaculately honest.
00:03:17 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 That's why people use a bloodhound, is to keep the scent here.
00:03:28 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 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 And I would reply with, have you seen the market?
00:03:46 and at least with gold there's pretty good you know reasons to think that it should be high
00:03:51 with the market we've got price to earnings ratios at all time highs numbers that would astound you
00:03:56 were talking 40 50 60 to 1 price to earnings numbers that we've only ever seen prior to the
00:04:01 great depression so again we're seeing some of this everything bubble that maybe people have
00:04:06 heard about talked about yeah not great that is a little bit what it feels like Antonio what do
00:04:14 you think? Yeah, I think it would be helpful, Bill, if you shared a little bit of your perspective on
00:04:19 some of the different factors that influence the price of gold. So, you know, you could think of
00:04:24 think about things like interest rates. You could think about just general political, you know,
00:04:29 geopolitical instability and those sorts of things, because it feels to me or appears to me that
00:04:33 there are all sorts of reasons that people would be flocking to gold. And I think we're actually
00:04:38 at a really unique time, economically speaking, where it isn't evident which which of those
00:04:43 reasons or which of those factors is the primary cause. So we'd love to hear more about that.
00:04:49 Yeah. And you bring up a really great point. And that is that there are so many, it's almost like,
00:04:54 you know, they don't rake the forest in California. And sure enough, eventually you have a forest fire
00:04:59 and that can be created in any sort of way. And there's a lot of different issues similarly in
00:05:04 gold that are driving it higher. But the thing that really launches it into the stratosphere,
00:05:09 who knows which domino will fall first. So you touched on a couple great ones. I want to start
00:05:13 with really maybe the most prevalent, and that's the national debt. Ever since we left the gold
00:05:18 standard in 1971, we've begun this unbelievable, I mean, incalculable divergence away from reality
00:05:26 by printing money ad nauseum there. So we now reach a point where we've got $35 trillion in
00:05:32 national debt. And I think people hear this number and they just water off a duck's back.
00:05:37 But that is an unbelievable number, $35 trillion. I mean, we were talking about hundreds of millions
00:05:43 of dollars of debt 30, 50 years ago, and now we're talking about $35 trillion, $1,000 million,
00:05:49 $1,000 billion, and then 35 times that to get to where we are. The interest on the national debt
00:05:55 now ends up being the largest line item on our country's budget. To give people a scope of really
00:06:02 how long it took to get to a trillion. We took 205 years from the time we started the dollar
00:06:08 to reach a trillion dollars in national debt, this country's history. We now do that every
00:06:13 hundred days. So 205 years, now we do it every hundred days. So that cycle there, it's parabolic,
00:06:20 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 quadrillion. So at some point, there is a critical mass that this reaches where it does
00:06:33 completely implode there. So the question is not if, it's when. This is an unsustainable debt
00:06:38 problem. I like to call it a debt bomb because at some point that does explode. So that would be
00:06:44 probably the first piece I would point out to people. You touched on interest rates. Obviously,
00:06:49 that plays a part, but not in the way that people often think. One thing that people may not realize
00:06:53 is that as interest rates come down, that's actually good for gold. Historically, we see gold
00:06:58 do its best work when interest rates are low, because people want to protect their money,
00:07:02 but they're not getting as much forward in bonds and whatnot. And bonds have been very flat as of
00:07:06 late. So as interest rates come down in the future, that's actually going to be a benefit for gold. So
00:07:10 we haven't even seen that price movement yet. And then just kind of moving right along, the other
00:07:15 one you touched on was geopolitical instability, which is, I would say, the second one I would put
00:07:19 right under fiscal irresponsibility. So the geopolitical climate here, and a little bit of
00:07:25 background about myself, I did eight years in the army and military intelligence. And so I do have
00:07:30 some of a background on this to speak to this, is that you look at other countries and there is
00:07:35 effectively financial warfare that is occurring. That's why China, Russia have been stockpiling
00:07:41 their central banks, stockpiling gold at all time levels. So that is very intentional. And then
00:07:46 even just, you know, they would like to create things like bricks. I mean, there's operations
00:07:52 in motion to dethrone the dollar for the first time since Bretton Woods. Our dollar is at risk
00:07:58 of not being the world reserve currency. So big, big ideas there, big things going on. Which is
00:08:03 the one that really causes gold to launch to that next level? Anyone could say it could be any of
00:08:08 any of any of these. But that's the benefit of being in gold is that instead of looking over
00:08:13 your shoulder constantly and waiting to find which one has has ruined your retirement or your
00:08:18 savings, you can know that whatever happens, that that's positive for you. It's a prudent thing to
00:08:23 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 As you think about the price change of gold, right? It's actually not gold getting more expensive,
00:08:34 so to speak, but it's actually the dollar weakening with respect to gold. Is that the
00:08:39 right way to think about it? That's a great way to think about it. So in a statistic here,
00:08:43 just kind of to make that point here, when again, when people talk about gold being so high,
00:08:48 it seems overvalued, gold relative to the strength of the dollar is actually lower than it was in
00:08:54 the 80s. So that means that all this growth in gold, we're still under the natural progression
00:09:00 of gold, meaning that you've got an even greater relative growth to be expected here. Right now,
00:09:05 people are this is a not an economy where people are you know dying to protect themselves this is
00:09:10 a greed economy and as we know through all of history when everyone else is being greedy that's
00:09:16 the time you want to be safe and conservative you know whenever you know there's that old saying but
00:09:20 in this time here where i mean you can look at what i remember nfts were a thing a couple years
00:09:26 ago and all of a sudden people were paying millions of dollars for pictures on the internet i mean
00:09:30 i've never seen that before cryptocurrencies is you know going ballistic and don't get me wrong
00:09:35 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 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 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 because obviously, you know, we do tend to view that the stock market is hyper efficient or at
00:10:05 least efficient. And so when you see the price of gold go up or you see a weakening dollar,
00:10:11 you like to try to take signals in terms of, OK, what should my general sentiment toward the
00:10:16 economic outlook be? So whether it's, you know, I expect interest rates to fall and I see gold
00:10:22 going up and so I have higher confidence that that's going to occur, you know, you can then
00:10:29 start to sort of practically speaking as an individual uh think about your finances in that
00:10:33 way yeah absolutely oh go ahead well i was i was gonna ask what do you think about um in this
00:10:41 economic climate what do you think about banks like bank of america wells fargo um is is this
00:10:48 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 crash like 2006 and seven and eight it was starting to uh it was starting to recalibrate by that point
00:11:03 or no yeah so so really what was happening was we were starting to see the cracks obviously you know
00:11:09 the mortgage-backed securities crisis was really what caused that and so as as those uh guardrails
00:11:15 had dissipated there is this this fiend for more money people want to create more money and so
00:11:20 they'll cut corners to do that. And so that's what was starting to occur into six and seven.
00:11:26 And there was a lot of, we saw the sign, at least we saw some of the signs. I mean,
00:11:30 people like Michael Burry, obviously, were more aware than others, but the numbers were there.
00:11:35 But I think throughout history, there is a reality that when the problem becomes too big,
00:11:41 people will ignore it. And I think that we're in a similar position now, for instance, with
00:11:46 national debt when the problem becomes so great that it becomes unfixable people would rather
00:11:52 bury their head in the sand than acknowledge it because it could never happen here well it would
00:11:57 never happen and i'm sure people in venezuela said the same thing about their currency i'm sure people
00:12:01 in zimbabwe said the same thing about their currency i'm sure uh in throughout europe as
00:12:06 currencies have failed they've all said the same thing well it couldn't happen here well it
00:12:09 wouldn't happen here it absolutely does happen here fiat as a whole has one natural end result
00:12:14 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 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 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 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 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 it in the sense that it's similar to gold that it's uh it has scarcity right bitcoin is finite
00:13:42 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 that by this point has been lost um you know so if anything uh it could decrease um in terms of
00:13:53 the amount not not its value but the amount of bitcoin whereas gold i mean it's certainly scarce
00:13:58 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 um uh in reality in practice but theoretically you know elon musk could uh find some golden
00:14:10 comet you know circulating around mars and bring it home and you know and and gold is is common as
00:14:15 grass you know so like that that is possible uh but gold also you know bitcoin doesn't really
00:14:21 have much utility blockchain technology you know there's some utility but at this point anybody
00:14:26 you know can make you know some kind of cryptocurrency and so you can you know bitcoin
00:14:30 is bitcoin because it's it was the first but there's there's lots of other people who can
00:14:34 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 beautiful there's an aesthetic that is desirable for people in addition to that um as a metal it's
00:14:45 actually unique it's malleable so it's able to be used in tech and different things like that
00:14:49 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 golden comet maybe you know in theory you know it probably won't happen but in theory it could
00:15:00 happen uh but bitcoin um is is secure as it may seem as technology increases quantum computing
00:15:07 uh is something that comes to mind like it is feasible that bitcoin could be hacked um you
00:15:13 know whereas gold you know gold can be physically stolen you know there could be some great heist
00:15:18 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 middle of the night could crack the code and then all of a sudden the gold is you know vaporized and
00:15:27 gone so in that sense gold seems valuable i think bitcoin also has value but i i was wondering if
00:15:33 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 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 being what what are your predictions uh for for bitcoin um alongside gold because i think bitcoin
00:15:49 is treated as as basically a digital gold and so i i think i think both are you know are probably
00:15:56 going to rise together that's my prediction but i'd love to hear yours yeah absolutely so i think
00:16:02 when we talk about gold and bitcoin one of the first things i like to point out is how have they
00:16:08 performed you know i like a track record with any investment i always think a track record is very
00:16:12 important and one thing that i will always you know point out with bitcoin at least to this point
00:16:17 and this is goes back to my earlier point here that uh you know some some of the the bubble talks
00:16:22 here about everything is that every time we've been faced with a major financial upheaval we've
00:16:29 actually we've seen bitcoin retract dramatically which tends to tell me that the confidence there
00:16:34 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 the pandemic, you know, COVID, all of that. When that came through, of course, gold, you know,
00:16:45 went up, was very, very strong, the strongest asset around. And of course, Bitcoin dropped
00:16:50 dramatically initially, eventually, obviously came back. And, you know, what we see that is
00:16:54 that when things hit, you know, the Bitcoin investors do get scared, which tells me something
00:16:58 psychologically about the people that even own crypto. And that's that they may not believe in
00:17:03 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 purposes. I think it sure does. But, you know, and I look at this just again, track record. And
00:17:13 then the other piece that I look at any sort of investment with is my fundamental understanding
00:17:17 of my faith and how that plays in to this. And I look through, you know, I read through
00:17:20 Genesis to Revelation. And one thing that seems constant is, you know, gold as both in the
00:17:28 beginning and in the end here. And so I understand that, you know, they didn't have the context of
00:17:32 the words to talk about Bitcoin in the Old and New Testament. But I also realized that I think
00:17:37 there is a lot of truth in, you know, God's commandments to give us tangible. And you're
00:17:43 right. We could go out and find a meteor. Sure, anything could happen. But I think a more likely
00:17:48 scenario, you're right, is something like quantum computing. So I just look at it purely in terms of
00:17:53 track record, security, safety on metals, and then a little bit more skepticism. I look with
00:17:59 a bit more skepticism on something like cryptocurrency. And I'm not saying that
00:18:02 people can't own it, shouldn't own it or anything like that. That's their own decision.
00:18:05 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 tried and true from genesis and will be tried and true until revelation so i look at that and that's
00:18:16 you know getting a little more into the theological basis there so i don't want to touch too much as
00:18:19 we can i i appreciate that that's honestly that's really compelling for me um because i i think if
00:18:25 there are certain points in the old testament where um all of a sudden you know like uh the
00:18:30 price of wheat you know drops immensely you know or you know different commodities you know we
00:18:36 think that we're so sophisticated and that you know everybody was a Neanderthal before us which
00:18:40 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 to battle and you know and God was with them and gave them victory and they plundered their enemies
00:18:51 and all of a sudden they have all these resources so you know they had you know far more limited
00:18:55 resources in israel one day and therefore the price was was higher and then they conquer this
00:19:02 entire you know tribe over here and and this tribe was a wheat tribe you know that had a bunch
00:19:08 of wheat and so now the cost of wheat is um significantly cheaper and and that swings in a
00:19:14 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 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 just have twice as much gold and twice as much value it doesn't cut the value in half because
00:19:31 gold is still viewed as as valuable uh regardless but the thing that you said that i thought was
00:19:36 really compelling is thinking of you know the book of revelation and you know i'm post-millennial so
00:19:41 i think a decent portion of the book of revelation has actually been fulfilled i'm a partial preterist
00:19:48 Preterist meaning past or fulfilled.
00:19:50 And so, but there's inescapable text,
00:19:53 even if you're looking at the last couple chapters 0.57
00:19:55 of Revelation that every Orthodox Christian believes
00:19:59 is still in our future yet to be fulfilled. 0.92
00:20:03 And even in those final chapters,
00:20:04 like the streets of heaven are paved with gold, right?
00:20:08 They're not paved with like ones and zeros
00:20:10 and digital code.
00:20:12 And they're not paved with whatever, with wheat there.
00:20:16 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 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 these digital you know store of values they've been made by man they're man's abstraction in
00:20:51 the same way that uh fiat currency is frankly i mean i really like that but even to the practical
00:20:56 point bill you you'd made about um i think what you were saying is that you know bitcoin and
00:21:01 ethereum uh these kinds of things they actually behave like like equities or historically they've
00:21:07 behaved like equities moving up and down with the nasdaq moving up and down with apple and so even
00:21:13 as a practical investment vehicle it's like i actually i see gold as an asset that diversifies
00:21:19 more portfolio in other words i actually want it to move inversely for example with with inflation
00:21:23 and with the money supply not not in uh in accordance with it and so i thought i thought
00:21:29 that was helpful i did want to introduce i this is really just selfishly i've had this thesis
00:21:34 about, uh, you know, Bitcoin specifically, uh, and its universality. And, uh, I, I obviously
00:21:41 think biblically speaking, the civil magistrate has a responsibility to control its economy to
00:21:46 some extent, not, not necessarily to, um, you know, a totalitarian extent, but in the sense
00:21:52 of protecting its borders, protecting its center citizenry. And I think Bitcoin actually, there is
00:21:57 a unique exposure, um, uh, to, you know, foreign influence in the economy when you use a currency
00:22:03 like that. I would love to hear a point about that. And then I guess I'll just throw in this
00:22:07 other concept of the centrally banked digital currency and sort of how that's different and
00:22:13 what that, you know, we see something like that in China, for example, emerging and how that's
00:22:18 different. Sure. So to the first piece there, you're right. I mean, obviously, you know, gold
00:22:23 suffers from this blessing and a curse in some ways as well, in that it does maintain quite a
00:22:29 bit of anonymity there. And this is specifically talking about cryptocurrencies and gold. So,
00:22:33 not CBCs, which I can get to in a second. But there is an anonymity there, which presents,
00:22:40 again, benefits, but also problems. Because who's to say a politician isn't being funded directly by
00:22:47 another country, a rival country? And we couldn't really stop that or find that much easier to do,
00:22:53 not totally possible, but much more possible to do when we're talking about more common,
00:22:59 conventional means of funds. So it does present somewhat of a problem. But the other piece that
00:23:06 you touched on, CBDCs, that I would say is much more scandalous in my mind. And the reason being
00:23:13 is it gives such a broad amount of control to the issuer of that. Whereas I think every person
00:23:21 wants some level of anonymity with their finances, some level of privacy with their finances. I don't
00:23:27 think that's saying that much. And, you know, people can debate where they want to draw that
00:23:30 line more or less, and that's fine. But when we talk about complete and utter surveillance on your
00:23:36 money, which is something like CBDCs, and for viewers that aren't familiar, central bank digital
00:23:41 currencies, that would be a currency issued by government similar to a cryptocurrency that would
00:23:47 then be accessible and controllable by the issuing body. So for the United States, that the talk of
00:23:52 that would be fed now. That would be the coin that they're speaking of. So what it gives is
00:23:57 a tremendous level of control that I think should make every person uncomfortable. I would absolutely
00:24:02 say that that starts pushing the boundaries into, you know, how could this be weaponized against a
00:24:08 public? So it's not something I'm super comfortable with. You know, I'm sure there's people will
00:24:13 disagree with me, but that's why we live in America. Okay. Super helpful. I want to come
00:24:19 back. I want to talk about Bitcoin a little bit more and hear your predictions and give an excuse
00:24:24 for me to give some of my predictions because it's just fascinating and fun. So I want to talk
00:24:29 about Bitcoin, talk about gold. I want to talk about really specific for the audience. This is
00:24:35 not financial advice. This is just strictly entertainment. We give theological counsel,
00:24:41 but we are not qualified to give financial counsel. But I do think that it's interesting
00:24:48 to look to the future and even the near term.
00:24:52 So I want to come back from this commercial break,
00:24:55 but please stick around for the listener
00:24:56 because we're going to give, I'm going to do it.
00:24:58 If the other guys are too scared to do it,
00:25:00 I'm going to do it.
00:25:01 Prediction for gold, prediction for Bitcoin.
00:25:05 I also want to ask,
00:25:06 why is silver and gold right now diverging?
00:25:10 To me, that's a little funny.
00:25:12 Usually I would expect it,
00:25:14 silver would be right there with gold,
00:25:15 respectively.
00:25:16 respectively. But it seems like gold is, you know, to the moon, baby. And silver is being left
00:25:23 in the dust. So we'll talk about that. And then also talk practically for the audience at the end,
00:25:30 if they want to invest in gold, what are some ways, you know, practical ways to go about that
00:25:35 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 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 All right, we are back. I saw a couple guys in the chat saying,
00:29:41 RightResponseBibleGold.com, is that Pastor Joel's personal company?
00:29:46 And the answer is yes.
00:29:47 My son, Franklin, he just turned three.
00:29:49 I've actually got him in the backyard with a shovel right now.
00:29:52 He is digging.
00:29:53 And that's a 24-7 kind of thing.
00:29:55 I've got, you know, even my girls are out there, you know, that's just slaving away.
00:29:59 And we have discovered gold in the Webin property in the backyard.
00:30:02 And we are shilling it on the internet.
00:30:06 No, that's not actually our company.
00:30:07 That is the domain name to be used for Genesis Gold is the name of the company.
00:30:12 and uh our guest today bill armor is a representative genesis gold and so he'll
00:30:17 tell you a little bit more at the end of the episode if you'd like to check out uh their
00:30:21 company their work and um and it's a christian company is that right bill absolutely yeah you
00:30:27 know hopefully i make a you know a mark here that's that's representative who we are as a
00:30:31 company but we are a bible-based all bible-believing born-again christians here and uh and i think
00:30:37 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 entire approach to this both you know how we we talk about finance to how we treat clients awesome
00:30:47 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 guess for this cycle bitcoin uh and the cryptos tend to follow like this four-year cycle that
00:30:59 follows the halving you know every four years uh that happened let's see that was in 2024 i believe
00:31:05 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 cycle uh every four years and then you know usually goes into like a winter cycle for a
00:31:15 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 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 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 seem like gold is kind of following you know i don't know if gold's following bitcoin but maybe
00:31:38 Bitcoin following gold, but it does seem as though both are viewed as, you know, physical and digital
00:31:43 gold as a hedge when people get scared. And it's kind of funny because I agree with you, Bill,
00:31:50 that, you know, it does look like a bubble right now in the market in terms of, you know, price
00:31:55 to earning ratios. You're right. They're out of this world. I think of like you said, like, you
00:31:59 know, 40, 50, 60. I think Palantir is like, like 150 time PE ratio right now, just astronomical.
00:32:07 So there are some companies that are absolutely off the charts, PE ratios that we've literally
00:32:13 never seen, even half of what they are today.
00:32:17 So it does look that way.
00:32:20 And I think some people, it's like, on the one hand, there's arguably a bubble, maybe
00:32:25 it's not, maybe it is, but a bubble forming in the market.
00:32:30 On the other hand, though, you think of Warren Buffett cashed out a ton.
00:32:35 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 more like a peacetime CEO than a wartime. He's not like Steve jobs. He's kind of, he's your
00:32:46 quintessential boomer. Um, you know, God bless him. But, uh, but that's, you know, probably the
00:32:50 best way to describe him. So just kind of, you know, back in my day, you know, uphill both ways
00:32:55 in the snow, you know, steady, uh, steady, she goes, you know, and, and so, you know, a lot of
00:32:59 other companies um you know really invested like microsoft you know microsoft the last 18 months
00:33:05 has been phenomenal and apple has been left behind it's it has not seen all-time uh new all-time
00:33:12 highs uh in quite a while and so i see some of these companies growing but you know but there
00:33:17 actually might be some value there with artificial intelligence and some of the things that it could
00:33:21 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 you know with new innovation and technology and those kinds of things or we could not but my my
00:33:31 point is um you know warren buffett just as one example but i think i saw tom lee uh recently come
00:33:37 out uh an economist for fund strat and he said that i think seven trillion dollars of institutional
00:33:42 money big uh smart money uh investors is currently on the sidelines um so there's actually there's
00:33:49 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 analysis it seems like there's also simultaneously a lot of hesitation it's not like everybody you
00:34:00 know it's one thing when it's like you and you know when when it's thanksgiving and your grandma
00:34:04 is asking you how to purchase fart coin like get out abandon ship you know like like the sky is
00:34:13 about to fall right when grandma starts asking you you know how to buy you know pepe you know
00:34:17 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 fanaticism with the market and AI and these kinds of things. And yet at the same time,
00:34:27 there's like trillions of dollars on the sidelines right now. And I think that's part of what's
00:34:32 driving up price of gold. I think some of those guys are in bonds and in gold and things like
00:34:38 that. So when I look at the investing world and I look at actual hedge funds and firms and smart
00:34:45 money. A lot of them don't seem like they're acting crazy, like 2006, 2007, you know, 2008
00:34:52 before a crash. A lot of them, I think, are actually, in some ways, you look at the greed-fear
00:34:58 index, and we're not. We believe it. I mean, yes, I understand total depravity and man's heart,
00:35:03 you know, being greedy, you know, kind of as a default setting. But in terms of, you know,
00:35:10 relatively speaking, we could be a lot more greedy right now. We're actually, there's,
00:35:14 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 bit of greed uh even with retail investors you know people are kind of people are talking about
00:35:24 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 september with fed pal you know and maybe we'll get interest uh because you know he even you know
00:35:35 came out dovish in in the last fed meeting um in uh august uh which you know because the market you
00:35:41 could see the few days leading into that Fed meeting, there was, you know, there was a pullback
00:35:45 and some hesitation. Is he going to come out hawkish and, you know, say the sky is falling?
00:35:49 But he actually used the kind of language that investors, you know, in the market were looking
00:35:53 for in terms of he said, I think we now need to shift our focus, right? He's been banging the
00:35:59 drum of inflation, inflation and inflation. And, you know, but he came out and actually said,
00:36:04 you know, now he's a little bit more worried about unemployment and some other. So he actually
00:36:10 shifted his rhetoric to saying, I think maybe now we've tamped down inflation some. It's not great,
00:36:17 but some. It's not like it was in 2021, 2022. And now the bigger fear is stagnation rather than
00:36:27 inflation. And so making money cheaper for corporations to use them. And so my point is,
00:36:33 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 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 going and unlike bitcoin it's not necessarily this four cycle you know four-year cycle thing
00:36:49 but then even the market i i personally i could be wrong i tend to be more of a pessimist but
00:36:56 but right now i actually think the market has uh some legs i could see an end of the year rally
00:37:01 similar to 2020, we spiked after COVID all the way to like January. And then we came down some
00:37:08 and then 2021, that last final Q4, again, kind of spike. So I could see the market coming down
00:37:16 towards the very end of the year, Q1 of 2026 and recalibrating, maybe a sell-off, maybe a strong
00:37:25 pullback or even a correction um maybe maybe a crash uh but but i don't see uh the market coming
00:37:32 down next week um not not significantly especially now that i think uh the latest is um it's 90
00:37:39 percent you can bet on everything you can bet on uh not just the market uh but you can bet on
00:37:44 interest rate cuts you can bet on you know sports you know all these and and right now you know you
00:37:49 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 cuts in september um is is what right now people are pricing in um and i think most people are
00:38:03 expecting a 25 basis point uh rate cut and personally again not financial advice i wouldn't
00:38:09 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 gives us you know a surprise you know 50 point basis uh cut which the market would rally and
00:38:21 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 like all three right now are are going together and i think part of the reason all three are going
00:38:30 together is because i personally um i i think that yeah a lot of people are in the markets but
00:38:35 seven trillions on the sidelines and i think people are invested in gold because there actually
00:38:38 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 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 now and so it's just every everything is going off the charts uh because america despite all
00:38:55 of our problems and mass immigration all these kinds of things at the same time um part of the
00:39:01 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 but since then is because um each quarter these these monolith companies keep putting up they
00:39:13 keep beating the earnings expectations. Like they actually are producing, you know, and I'm not even
00:39:20 saying they're moral or anything like that, but they are putting up massive numbers, massive
00:39:25 production, tons and tons of money continuing to pour in. And so I do think it's different than
00:39:32 like 2006, 2007, 2008, and some of the things that have led to a crash before. But that's my
00:39:39 prediction i think 168 000 for uh bitcoin i wanted to see if you think bitcoin will keep rising or
00:39:45 if you think it's already hit the top and then also what's your prediction let's just say for
00:39:49 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 as you and and of course you know there's there's people out there that uh know bitcoin probably a
00:40:01 lot better than i do or other cryptocurrencies but you know not a prediction not a prediction
00:40:06 in the sense that, you know, anyone should take this as financial advice or anything like that.
00:40:09 But but I would look I would even be actually a little more generous to Bitcoin than you and
00:40:14 probably say about one hundred and seventy thousand roughly. I think that we do see,
00:40:18 you know, this kind of, you know, tandem move here. So I don't think that's tremendously uncommon.
00:40:23 You know, and then, of course, maybe longer term, I would see a pullback. To me, it's not so much
00:40:28 about the short term of how Bitcoin behaves. You know, you can rally can go up, go down. It goes
00:40:35 left, right, sideways. To me, I look at it as there is a point here of major retraction of all
00:40:42 across all these economic vehicles, gold withstanding, which is, you know, maybe
00:40:48 self-serving. Obviously, I recognize, you know, where I work, but that is my belief. And so I
00:40:54 would say that retraction, when that comes, the only question is how far are we falling off of
00:40:59 the ledger? How high have we climbed up the ladder? So to me, you know, if people are looking
00:41:04 to squeeze the last bits of juice out, then that's completely their prerogative. People know
00:41:09 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 and then maybe it runs again, maybe it's $250,000, whatever that number is, is to me as someone who
00:41:21 looks at this over really a long term and oftentimes with clienteles that want to hedge or
00:41:29 they want to protect themselves from general market instability. I look at this as an if,
00:41:34 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 To me, if I were to think about it biblically, I was talking to someone the other day,
00:41:46 and we were talking about, and this conversation came up between us, how people look at,
00:41:52 you know, I talk about gold and silver as, you know, hey, you want to get in before
00:41:56 things really go sideways. And oftentimes the response I can get, not from everyone, but some
00:42:02 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 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 do any sort of ministry with people oftentimes is there's this sense of pullback with people of,
00:42:18 well, I really don't want to, cause Christ is going to convict me on these things. I really
00:42:22 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 this lifestyle. And so I really would rather just engage with Christ and, you know, come to faith
00:42:32 later in life or whatnot. So I know that's maybe a bit of a stretch to compare those two, but
00:42:37 functionally, I think they actually play out the same. And that is that a lot of the people I talk
00:42:42 to seem to have an understanding that there is going to be this major retraction at some point.
00:42:48 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 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 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 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 We're talking about gold, you know, three, four or five hundred percent returns.
00:43:55 And people may look at me and say, OK, you know, but no, these are these would be massive.
00:44:00 I mean, on huge seismic shifts in our entire economic landscape and they're on the horizon.
00:44:06 So if those happen, then then obviously all of this goes out the window.
00:44:09 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 Obviously, it's about thirty five hundred roughly, give or take about thirty five fifty today.
00:44:21 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 nation. Cool. Great. Antonio, any thoughts? Yeah, well, I don't think I'll go as far to make a
00:44:44 prediction, but I would say I have a generally bearish assessment of the market right now. I
00:44:51 think about this AI momentum that we see happening. Obviously, the stock market is trading heavily
00:44:58 tech skewed, and I think that's partly because of retail investors. They're interested in the
00:45:04 most cutting edge sort of high growth, high yield assets. And obviously it happens to be tech that
00:45:09 happens to be Palantir and Tesla and Nvidia. And so there's those sort of represent a disproportionate
00:45:15 amount of trading volume and those sorts of things in the market. But I tend to see this time in the
00:45:22 economy as sort of like, I guess I would call it stably uncertain. So going back to your point of
00:45:27 like, you have all of this dry powder on the sidelines, and we're trying to wait and see what
00:45:31 will happen with tariffs, what will happen with, you know, interest rates, but also people are
00:45:37 seeing the market and they see, particularly in tech stocks, high PE valuations. And they're not
00:45:44 really sure if there's anything, any juice left to squeeze out of some of these sort of high
00:45:49 momentum companies and stocks. And so I think there's, that's sort of where we're at. We're
00:45:55 just sort of in a waiting period, so to speak. And then I think that the most important piece
00:46:00 is this AI, what some would call a bubble, which is you're seeing a ton of investment into AI. AI
00:46:06 for my tractor, and if I'm John Deere, AI for my finance system, if I'm a bank, for example,
00:46:17 right? So everyone's investing in AI, and we haven't really seen the payout, if you will,
00:46:22 or the yield from that investment. And so people are really trying to figure out, like, is this a
00:46:26 bubble everyone's talking about ai every startup saying we're this company ai right they're trying
00:46:31 to capitalize on the on the wave and i think in this way where we're at is kind of analogous
00:46:36 similar to the dot-com exactly oh you have a website yeah and that's exactly what i was going
00:46:41 to go to is say okay well let's look at the dot-com bubble and what we were seeing happen
00:46:44 there and i i think we kind of feel the same trends as we're coming to the close or potentially
00:46:49 the pop of that bubble and i'm not i'm not necessarily convinced that it is a bubble but
00:46:53 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 were to assume that was true, Bill, I wanted to go back to you and say, well, what do you think
00:47:03 happens to gold if we're in a bubble, if that happens sort of in the short term? If the market
00:47:08 crashes. Exactly. So we could look at you could look at the dot com bubble and say, hey, what was
00:47:13 the movement of gold then? Obviously, gold after the great financial crisis, same situation we see
00:47:18 it spike. And then, of course, the pandemic as well. We see gold spike. And so I'm curious if
00:47:22 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 and what you think that sort of bull case upside looks like? Yeah. Yeah. Great question. And I want
00:47:37 to touch just real briefly on what you said, because I thought it was great, is people,
00:47:42 maybe people know this, maybe people don't. The top 10 companies in the S&P make up 40% of all
00:47:47 the market share. And I always think that's interesting when you compare that with something
00:47:52 like the Russell 2000 or something like that. And you draw up the S&P 500 versus the Russell 2000
00:47:59 over the last 10 plus years. And you start to notice a change that I think should make people
00:48:04 nervous. And that is that there is this sucking coming from these top 10 companies, Magnificent
00:48:10 7, wherever you want to draw the line at. But they are continuing to grow and grow dramatically.
00:48:15 but we're not seeing other companies grow. We're not finding these companies on the Russell,
00:48:20 for instance, that are becoming darlings and growing. So what that should tell us is,
00:48:25 I mean, how much bigger is something like Apple going to get? Is Tesla going to get? I mean,
00:48:30 are they, what, are they going to be overlords that, you know, 10 companies that control the
00:48:33 whole country? I doubt it. So at some point, yeah, maybe. That's exactly what I think is
00:48:41 going to happen, but go ahead. Yep. No, I mean, I, I, I'm just saying that at what point can,
00:48:47 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 you know, uh, there's, there's one team that everyone thinks is going to win the game and, uh,
00:48:58 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 on 10 companies to carry the market, something goes wrong at one of those companies and things
00:49:07 go wrong at companies every day. I mean, you look back 20 years ago, companies that people thought
00:49:12 were going to be here forever are no longer here. And we'll see that again. I mean, who they are,
00:49:16 no one really knows, but to act like they're invincible and that if we don't have players
00:49:21 in place to replace that should work, it's extremely dynamic. You can see things change
00:49:26 really overnight. Yeah, no, that's a good point. It seems at bare minimum, it seems like it would
00:49:33 be wisdom uh to say that everybody's portfolio should contain at least some gold as a hedge
00:49:39 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 looked at the fundamentals i'm not just you know looking at at the charts and i'm not just playing
00:49:49 the game but i've looked at the fundamentals of these three companies or whatever it may be and
00:49:53 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 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 going to invest in that. But to also contain, you know, within your portfolio, say like, I'm also
00:50:07 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 is a wise percentage when it comes to somebody's investments? What do you think is a good kind of
00:50:21 at least minimum that they should have in precious metals like gold? Yeah, great question. And I
00:50:27 always, you know, because you understand the position that I'm in when people ask how much
00:50:31 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 process. This is kind of a company motto in a sense, too, is to provide a really good case
00:50:42 and understanding across the board of metals, you know, really everything that we can provide for
00:50:48 the listener, for the people that talk to us, that seek our wisdom on this and help them to
00:50:54 be the captain of their own ship. And what I mean by that is we're really just helping to explain
00:50:59 the roadmap and whatnot. And at the end of the day, you know, I never want to tell someone,
00:51:03 look, you should do this or you shouldn't do that. That's really not my place. Because as I mentioned
00:51:08 before, I think that I'm never going to know someone's financial situation better than they
00:51:14 will. I don't pretend to, you know, everyone's a little different there. But what I can provide
00:51:18 is a tremendous amount of information that can help them make really informed decisions. So
00:51:22 with that said, I mean, you know, there are some clients that want to get as, you know,
00:51:26 shove as much as they can into metals, you know, as close to every dollar as possible.
00:51:30 And there's some that want to do, you know, 10 percent. And there is a chasm between those two
00:51:34 numbers. And depending on how you see the world and the way that information affects you and
00:51:39 your understanding, I mean, you know, I could tell you that gold is going to go to 10,000
00:51:43 tomorrow. It doesn't mean you should listen to me. So with all of that said, you know,
00:51:47 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 due diligence your research on this and ask questions and i can help but i try not to give
00:51:56 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 touch back real quick because i realize i didn't quite get to answer the question of what happens
00:52:08 if we do see a some sort of crash or whatnot and the answer is that historically what we see
00:52:14 is there is a period when the crash first happens immediately actually people may not know this
00:52:19 gold drops a little bit and that's because there's a pullback of every asset where there's a moment
00:52:24 of they're looking around and say okay is this real is this fake what is happening here and then
00:52:29 once it becomes validated that this is in fact going to be a recession a crash whatever that
00:52:34 might be then you start to see the inflows into metals and that initial purchase is because people
00:52:39 are saying we understand that this will be a somewhat of a long-term hold here and we want
00:52:44 something that's going to produce for us going to grow in the midst of economic turbulence gold does
00:52:48 great when there's instability. Gold does great when there's uncertainty. So in that junction,
00:52:54 gold does tremendously well, and you tend to see those great price hikes. And then once that starts
00:53:00 happening, you get the sort of the chasers a little bit down the road. And those are the people
00:53:03 that lost in the market. They were late. And then now they see this other thing going up,
00:53:08 and now they chase that as well. So that's why I always tell people, you want to be preactive,
00:53:12 not reactive. If you're going to stay in the market, stay in the market. That's all right.
00:53:17 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 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 yep helpful answer well i'll say this for the audience uh sake since you're uh not going to
00:54:12 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 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 just you know shilling for gold um as somebody who represents gold and um and not manipulating
00:54:29 people so i appreciate that a lot i think i have a compromise that everybody can get behind you
00:54:33 a little bit of investing with gold, a little bit in the market.
00:54:36 I think if we invest in Tesla robots using chat GPT
00:54:41 to locate and dig for gold on Mars,
00:54:44 then we can all be happy, right?
00:54:45 We've got the precious metals.
00:54:47 We've got some space exploration.
00:54:48 We've got some AI, physical AI and digital AI.
00:54:52 It's just all around.
00:54:53 So I'll go ahead and start working on a company
00:54:55 that can achieve all of that.
00:54:57 And I'll let you know where you can invest.
00:54:58 In the meantime, though, again, I really mean it.
00:55:02 I think you've done a great job of being fair to the topic, of providing us some theological,
00:55:07 biblical support.
00:55:08 We very much appreciate that.
00:55:09 Again, for those who are just tuning in now, because we're live, go back and watch the
00:55:14 beginning of the episode.
00:55:15 I thought it was a compelling point, talking about gold maintaining value in God's economy
00:55:20 from Genesis all the way to Revelation, that there's no point even in our future, biblically
00:55:25 speaking, where gold is not valuable any longer.
00:55:29 And so I think that's really compelling.
00:55:31 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 anybody who may be interested not trying to compel anybody or manipulate anyone but for those who say
00:55:42 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 in addition to you know some of their more aggressive investments um where where should
00:55:52 they go if they wanted to use genesis gold group uh being a christian bible believing company that
00:55:58 would be my preference um where would they go if they want to invest with you guys yeah absolutely
00:56:04 and i'm sure you've got the the url there plugged up somewhere accessible for people but you can
00:56:09 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 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 description okay so if you go to the description of this episode it's right response uh bible gold
00:56:26 right response bible gold all lowercase.com but it's in the description for the uh the show notes
00:56:33 right so they can go there they can also reach out 1-800-200-GOLD uh directly to us you're
00:56:39 welcome to ask for me you can ask directly to speak with bill i'm more than happy to break
00:56:44 this down and you know i i do appreciate you telling me that that i've been fair here i make
00:56:48 a very concerted effort to to not try and create straw man arguments or whatnot i try to you know
00:56:54 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 It's really what I believe. And that's that God is going to be the best financial advisor out there.
00:57:04 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 I'm going to support that all the way if they want to fax figures, information provided.
00:57:15 I'm going to do that. What you're not going to see is a used car salesman.
00:57:18 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 we really do believe in educating people, putting them in a position where they can make
00:57:26 a really great decision for their family. And frankly, I do this because I really believe in
00:57:32 it. I got a degree in biblical studies. I was in the military. I worked at a church and came out
00:57:38 of that to do finance on this side because I really started to see some of the uncertainty
00:57:42 and unraveling in the financial system. And this was an economic and theological decision I made
00:57:47 to work at this company. And I believe very strongly in it. So if you'd like help with that,
00:57:52 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 description there. Speak with a representative. We're going to answer any questions you have.
00:58:02 We can assist with retirement accounts. That's 401Ks, IRAs, 403B. I mean, the whole gamut there
00:58:08 is at least we can talk about and see if that is an option and is accessible. And then, of course,
00:58:13 you've got what are called non-qualified funds. So that's money you've got sitting in the bank,
00:58:17 savings, checkings, et cetera. And you say, you know what? I'd really like to have some gold or
00:58:21 some silver. And we didn't even talk about silver. That's a whole other conversation. But I'd like to
00:58:26 have some metals in some way or another. And we'll strategize with you and help you find out a way
00:58:30 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 do the best for you guys. And looking forward to chatting with anyone that reaches out.
00:58:39 Awesome. Well, we appreciate Bill Armour and Genesis Gold. Thank you for coming on the show
00:58:44 and helping to educate myself and our listeners on this topic. And the phone number, I didn't
00:58:50 think about this, but for our sake, go ahead and forget the phone number and do not use it because
00:58:55 we won't get credit for it. Go to, again, do rightresponsebiblegold.com, rightresponsebiblegold.com
00:59:03 or call the phone number. That's fine. But tell them that Right Response sent you their way.
00:59:07 Yes. Yeah. If you call in, please tell us where you came from.
00:59:11 Yeah. Well, thank you, Bill. We appreciate it. Thank you to the listener for tuning in,
00:59:14 and we will see you Lord willing on Friday. If you're new to the show, we live stream three
00:59:19 times a week. It's Monday, Wednesday, Friday at 3 p.m. Central Time. Monday, Wednesday, Friday
00:59:24 at 3 p.m. Central Time. We are broadcasting live on both YouTube and X, so you can follow us
00:59:30 both of those places, and we will see you, Lord willing, on Friday. Thanks for tuning in.
00:59:49 You