Valuetainment - January 31, 2026


"All Time Trust Deficit" - Media & Government Distrust Is KILLING The Dollar And IGNITING Gold


Episode Stats

Length

16 minutes

Words per Minute

196.12827

Word Count

3,215

Sentence Count

10

Hate Speech Sentences

1


Summary


Transcript

00:00:00.000 it is pretty wild what's going on with gold so by the way five years ago Rob can you can you ask
00:00:06.360 what was a price of a kilo of gold in 2020 price of kilo of gold in January of 2020 okay I used to
00:00:18.640 buy these kilos of gold and I look at the price Tom Tom look at the price we used to buy these
00:00:25.440 kilos of gold in 2020 January six years ago and we would run contests and the winners would get a
00:00:33.740 kilo of gold which is what 50,000 dollars you remember this 2.2 pounds it was it was a phenomenal
00:00:39.760 exercise guys would love it but they would say it's just gold who cares about gold okay do you know
00:00:48.400 at the time when we would buy this the price of gold was 1582 this is just 16 six years ago not
00:00:56.760 16 years ago six years ago you know how much gold hit this morning Rob can you pull up how much the
00:01:01.700 price of gold is this morning price of gold this morning is fifty three hundred dollars which means
00:01:08.620 that fifty thousand dollar bar of gold that we would buy in January of 2020 Rob what is it worth
00:01:14.820 today can you ask the question what is the what is the price of kilo of gold today kilo of gold
00:01:22.500 today look at the price from 50k to 170,000 dollars to all the people we gave this gold to like I said
00:01:32.480 earlier I hope you kept it okay I hope you kept it I hope you set it aside somewhat well let me read
00:01:38.000 this story to you anyways dollar sinks to a four month low and gold soars past 5,000 as yen leaps Rob I
00:01:45.640 think you got a clip on this one here go for it value of the dollar do you think it's declined too much
00:01:51.580 no I think it's great I mean the value of the dollar look at the business we're doing no dollars
00:01:56.300 dollars doing great you know it's very interesting if you look at China and Japan I used to fight like
00:02:02.580 hell with them because they always wanted to devalue their yen you know that's the yen and the
00:02:07.460 one and they'd always want to devalue it they devalue devalue devalue and I said not fair that
00:02:13.680 you devalue because it's hard to compete when they devalue but they always fought no our dollars
00:02:18.920 okay so Tom what what does this mean what does this mean with gold and Brandon what does it mean
00:02:24.340 I'll come to you first yes silver is even moving faster than gold but what does all this stuff mean to
00:02:28.500 the average person uh so first of all really interesting thing uh what Trump said there this
00:02:32.900 is uh like high level macro stuff the concept of devaluing your currency makes it basically more
00:02:38.200 attractive for other countries to buy things from you because it's uh it's cheaper so you know he's
00:02:43.080 trying to make our our goods and services more attractive to other countries so like he said he
00:02:46.380 would get upset when China would do what we're doing right now so you know that like the fact that
00:02:50.280 we're lowering our interest rates as other countries are increasing their interest rates that's why the
00:02:54.120 dollar is getting lower and when the dollar goes lower pretty much all asset prices go up
00:02:58.140 and definitely gold and silver in a much higher way but the interesting thing is that the that's
00:03:03.140 fascinating to me is that the banks are allowing it to happen because it's been a thing for a long
00:03:07.240 time that all evidence in my view points to the fact that the banks were suppressing the price of
00:03:13.320 gold and silver because it's been flat for a long time a long time yeah and like the the if you look at
00:03:19.520 a chart of them to money supply from 1971 when we go off the gold standard versus the price of gold
00:03:23.700 there's a big difference in the rate of which the m2 money supply goes up versus the price of gold
00:03:28.060 like they should be proportionate to each other so i think if the the price of gold was
00:03:32.040 proportionate to the amount of money that was created after the gold standard you could be talking
00:03:35.800 10 20 30 000 um instead of 50 300 so i just think it's interesting that the banks are allowing
00:03:42.720 it to happen because they are fully in control of keeping the price down you know with their um
00:03:46.160 their short contracts they used to hammer it down especially uh i remember in 2020 when they
00:03:50.680 tried to do the silver squeeze they hammered the price down but uh the silver one is probably even
00:03:55.320 more concerning to the government than the golden because silver it's an industrial metal not just
00:03:59.140 an investment metal like silver is an input in everything like from you know missiles to satellites
00:04:03.340 to um evs uh all electronics so the thing about what that does to input prices when you're
00:04:10.520 building when you're manufacturing things so that's serious stuff tom your thoughts so i think
00:04:16.720 whenever you see precious metal goes up it means that there is more faith and more demand for the
00:04:22.660 precious metal as an investment than the u.s dollar but with the u.s dollar being cheap it means it's
00:04:28.520 very expensive for uh i'll tell you the best way to look at it um if you've ever gone to a foreign
00:04:34.340 country and and not just buying food or paying for your hotel buy something you know you go to italy and
00:04:44.580 you buy a fashionable shirt and you you go wow in euros this this seems more than what i'd pay for a
00:04:52.360 fashionable shirt in the u.s yep how much is this in dollars really two hundred dollars in the u.s i
00:04:58.920 could get this shirt for like 150 bucks 140 bucks something like this there you go that's where you
00:05:05.200 can see the value of your currency so right now it's expensive for u.s citizens to go abroad and pay for
00:05:13.580 food lodging and things that you might want to buy it is not expensive for people to come here so on
00:05:22.000 people come here on the euro what's a euro dollar right now rob you can do that real quick um i think
00:05:27.560 it's 80 cents or something 119 and flip it the other way
00:05:31.560 uh yeah 80 cents 84 cents so it's less expensive than to come that's what happens that's what goes on
00:05:44.540 but what this also means it's less expensive for other countries to buy from us and for us to export
00:05:50.700 to them so that is actually a benefit so you have these benefits going back and forth right now the
00:05:59.300 people that bought invested in gold they're getting a tremendous return and a tremendous paper value
00:06:05.460 until they sell it and if they sell it right now they're realizing that value and right now it's
00:06:10.560 expensive for people with the dollar to go elsewhere or to buy things abroad and it's less expensive for
00:06:17.480 people to buy things from us like all the oil that we're producing and the natural gas that we're
00:06:23.060 producing brad i think when trust goes down uh the value of gold goes up you know right now there's
00:06:33.880 wars and rumors of wars you know there's major things going on people do not trust the the government
00:06:41.180 let alone the dollar and i think but how come that didn't happen during covid why because they
00:06:47.120 printed 80 of the money and started giving it away to everybody so shouldn't that then increase the
00:06:52.380 value of gold well if we were all intelligent yes look what happened to crypto though i think the money
00:06:58.880 that should have went to go went to crypto during covid because crypto went astronomical during um
00:07:02.780 during covid right and there was like a it felt like a concerted effort to like on cnbc and whatnot to
00:07:08.080 talk people out of gold and silver and there's the banks short selling the hell out of it like
00:07:12.240 there's a lot of times a paper trail of that but that's why it's interesting to me that they're
00:07:15.420 letting it happen now because i think they could control it and stop it from happening if they
00:07:18.560 wanted to bad enough but the central banks for the first time they have um more gold than bonds on
00:07:23.600 their books so i think that now they're in a position because i remember in the big short when they
00:07:26.860 said they wouldn't let the credit default swaps price properly until they were positioned i think it's
00:07:30.960 like that what a coincidence yeah but when trust drops i think gold goes up just because of that and i
00:07:37.760 think we're at all time trust deficit you know there's there's uh unpack that for me there's
00:07:45.440 just a lot of stuff going on where people aren't trusting anymore you know you you see it all over
00:07:51.080 you know no one trusts the media you know nobody trusts the news can you imagine nobody believes the
00:07:57.700 news or at least a lot of people don't or starting not to i think they call it wake waking up they know
00:08:04.760 we're being swindled i mean we the the gov i'm not a conspiracy theorist but i do believe that the
00:08:10.520 that the government treats us like a business and and when they should treat us like the customer
00:08:15.720 they're treating us like the product so like you know people are waking up to it and i think
00:08:21.460 people invest in gold when the dollar's you know untrustworthy would you buy more gold today i
00:08:28.260 wouldn't because if this crap hits the fan patrick gold's what do you want to borrow gold for your
00:08:34.100 water no i want water guns and ammo i think that's what i would invest in if i thought things were
00:08:40.380 really going to crash would you buy more gold today i'm not at 5 000 would you buy more gold today
00:08:47.280 uh very slowly maybe i mean uh yeah i think it's good to have like at least seven to ten percent of
00:08:53.660 your whole portfolio and gold or silver what's more likely to happen the next 10 years bitcoin
00:08:57.980 goes to a million or gold goes to 50 000 gold's 50 000 because i have no idea what's gonna happen
00:09:02.680 with bitcoin like i think bitcoin is on track to go to 50 uh to go to a million quickly but can you run
00:09:07.420 a poll on that what's more likely to happen let's see what the audience says gold going to what's more
00:09:12.740 likely to happen the next 10 years gold going to 50k bitcoin going to 1 million continue i think a
00:09:20.940 scandalous thing could happen with bitcoin i think less than the 50 chance maybe even less than the
00:09:25.360 10 chance but still don't know who made it so i think there's still like that possibility that it
00:09:30.120 could all go up into flames because it's still a pretty new thing you think so i mean less than
00:09:34.620 more than zero percent chance yes so so your more gold is likely to go to 50k the next 10 years than
00:09:40.260 bitcoin to a million it's been around a thousand years i'm i'm on the bitcoin side there you have got
00:09:46.280 um governments and banks suddenly saying things about bitcoin that charlie munger 12 years ago said
00:09:56.560 it was rat poison and remember that famous quote famous speech what do you think about it i don't
00:10:02.540 think it's just poison i think it's rat poison and you know i have a lot of respect for charlie but
00:10:07.980 that was the prevailing thinking of the day by central banks and banks now all of a sudden oh
00:10:13.860 vanguard allows you to buy you know bitcoin etfs and to put in a an investment account oh it's okay
00:10:23.580 now to have bitcoin etfs and 401ks which are regulated it's okay to have an iris which are less
00:10:30.920 regulated but it's a rules-based investment um account and so now you can buy bitcoin etfs for that
00:10:37.600 i see bitcoin getting adopted more and more by the mainstream and so at some point in time you know
00:10:46.880 it it kind of crosses and it's living in the world of fixed set so it's going to be a fixed set and fixed
00:10:56.040 supply right we how many bitcoins have already been established the minute they print more bitcoin
00:11:02.860 or they allow it now you're fiat right now you're like the dollar what's the number 21 million or
00:11:09.220 whatever the number they believe isn't that right that there's only 21 million bitcoins right that
00:11:13.180 have to be slowly mined and pulled into into circulation oh they do that i mean the market
00:11:18.240 the critics would lose their mind brad where are you at if you look at the poll right now it's 50 50
00:11:23.780 they're saying it's more likely ghost cool wow gold goes to 50k and bitcoin goes to a million in the next 10
00:11:31.100 years well i would say that you probably have an older demographic then bitcoin is is going to a
00:11:38.720 million is far more likely next 10 years yeah for sure i think in the next three to five question i got
00:11:47.540 is when has gold ever 10x in a decade the 70s or 80s whenever that but that's not that's not 10xing
00:11:54.340 that's called it went from like it was 35 because they set that price and then after nixon 72 they
00:12:00.540 opened it up so i don't know if that really counts it went to like 800 bucks i totally get it but it's
00:12:05.640 a different it was worth 800 bucks yeah but the government had you know kept it under control
00:12:10.740 because we everything was based off the gold standard we got off the gold standard right bit bitcoin
00:12:16.400 cannot be recreated it's it's limited and because of that you know i think the the bet is on bitcoin
00:12:24.360 and and not to mention i think when they replace our financial system it's going to rely on crypto
00:12:31.800 wouldn't you i i i agree so i've heard you say a couple things you said wars and rumors of wars and
00:12:38.720 replacing the financial system so i think at our core we probably believe how this game's going to play
00:12:43.980 out and the ultimate crash in a year of jubilee and then you need a new system i'm on that same page
00:12:49.940 and i think the power if i'm reading you yeah and i think the powers that be know it the question is is
00:12:54.820 how long will it take and i think within 10 years it will be and that would push bitcoin to to over a
00:13:01.520 million folks uh once a year we host an event um called the sales leadership summit that event is
00:13:09.440 coming up in the next two months it'll be in south florida at trump dorrell and it's for those of you
00:13:17.240 that run a business because sales is king most people don't understand the power of developing
00:13:22.200 sales leaders that develop sales people this video will break down what's happening at sls and
00:13:27.760 hopefully those of you guys that are doing a million plus you'll get a chance to get a ticket
00:13:31.420 for yourself go ahead rob play the clip so many years ago i realized the size of your income your
00:13:35.780 network your lifestyle is a pure reflection of the size of problems you solve so for me going back
00:13:41.600 20 some years ago i was a good salesperson i learned how to sell i knew if i ran three four appointments a
00:13:47.440 day i could sell two four six maybe eight insurance policies on a given day then i asked myself how do i
00:13:53.140 sell 50 in a day how do i sell 100 in a day there's no way i can do it by myself i have to solve a big
00:13:58.660 problem and go from being a salesperson to being a sales leader by the way it is very different being a
00:14:04.360 salesperson than being a sales leader that's a massive problem to try to solve what happened
00:14:09.040 later on i went from selling two to three policies a day personally to eventually we sold one million
00:14:15.440 insurance policies with our company and we sold that company for 250 million dollars three years ago
00:14:20.980 licensing 60 000 insurance agents we solved a massive problem got paid massively let me bring it back to
00:14:28.520 you in america today according to the bureau of labor statistics we have 13.4 million salespeople
00:14:34.240 in america that go out selling every day working for commission we have 132 000 vp of sales according
00:14:39.720 to linkedin and we have roughly 8 000 chief sales officers in america now when it comes down to
00:14:45.180 putting the hat on of being a sales leader it's a very different accountability tough conversations
00:14:50.520 challenging transferring your knowledge on how to get referrals how to follow up on leads how to
00:14:56.200 properly follow up where you don't offend the person the script you use when you dm versus when you
00:15:00.620 email which is when you make a phone call how to give better presentations the types of phone calls
00:15:04.820 to make the types of contests to run how to hold them accountable and drive them and not upset them
00:15:09.580 and they still want to come how do you steer competition all of this are things companies that
00:15:15.760 solve big problems that become multi-billion dollar companies do so once a year i host a conference
00:15:21.100 called a sales leadership summit this happens once a year to attend this you need to do a minimum
00:15:27.260 of a million dollars a year and have five sales people that report to you if you want to join us
00:15:33.400 at this year's sales leadership summit that happens end of march we'll go through a 200 page manual
00:15:38.460 together on how to go through a through z of being a great sales leader click on the link below fill out
00:15:44.140 the information one of our representatives from the david consulting will reach out to you and tell you
00:15:48.800 more about the sales leadership summit rob what is the uh website to go to this do we have it in the link
00:15:54.460 we do it's in the description it's also in a pin to the chat can you click on a link just to see
00:15:59.640 what it looks like so everybody sees it so go if that's you click on a link we'll spend two days
00:16:04.280 together at trump doral and we go through a through z and it's a great place to network with other
00:16:09.040 performers that are also doing well there you have it so what's the website call rob sls.betdavidconsulting.com
00:16:16.100 beautiful all right fantastic if you enjoy this video you want to watch more videos like this click here
00:16:20.700 and if you want to watch the entire podcast click here