Colin Plume
Appearances
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, so I saw your interview with Newsome, and it was a great interview overall.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
But the thing that stuck with me is he asked you about why you quit drinking, and you said, I want to be more successful, or I want to be successful, or
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
More successful, yeah. And I quit drinking a year and a half ago, and I'm actually writing a book about it that will come out.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
And what it's done for my life. Well, I think as a business owner and a father and a dad, Even if you didn't drink all week and then Friday night you had a few, I would wake up Saturday morning and just be tired and not engaged with my kids as much as I wanted to. So that was one aspect. And then it was just the ups and downs of owning a business. The stress, the anxiety. I mean, you know.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Oh, yeah. And I wanted to just test it out. So I had a major surgery. I had my hip replaced. And I said, I'm just going to try it after the surgery. And I just felt better and better. And I felt quicker. Yes. And I think the most important thing is that I was able to, like, when I had struggles, I was able to recover from them quicker, right? I mean, I don't know how it's affected you.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
And the first month that he stopped, he's like, I'm not sleeping as well. And I'm like, actually, you're finally sleeping.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Just, you know, clarity, conversations, employees, like interactions. Like my, I'm not as, I'm never a pretty even keel person generally, but from time to time I would, you know, get frustrated and, Most of that's gone. Frustration with your kids has gone. I mean, it's never gone away, but it's gone down. But you're more centered. You're more present.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, absolutely. Yeah, it's just been a really smooth. I'd say the hardest part was the reaction from other people. People are a little taken aback by it.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
I don't know. I just, I, I just go into all the social settings like everybody else. And then I just, I can hang out in any environment and I just talk.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
I could still do it. And, and I don't judge anybody. Like I, you know, if they come to me and they want to ask questions or whatever, but I have found a lot of people around me have slowed down just because they have seen what it's done for me and how they, and they, they're, so they haven't, I haven't pushed it, but it's, I think it's, becoming more of the... Oh, it's becoming trendy right now.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, it has been. It's been extraordinary. And just like to be able to gather more information. I feel like I can just take in a lot. And if you and I have a conversation, I want to remember more.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, 100%. Yeah, I mean, Andrew Huberman has lots of videos, and I've watched them.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Everything, yeah. So it's been good, and yeah, it's definitely helped, and we've been so busy. Well, yeah, let's talk about that.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, well, I think that when President Trump got elected, people didn't know what was happening in the markets. I think everyone just paused for a few months. And then once he moved forward with his agenda, which the big agenda would be the tariff conversation, I think a lot of the money didn't know what was going to happen. And so we just had this real flight to safety.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Coupled with the fact that the last quarter, if you remember, but when we were talking about gold last year, which was already running. Totally. The retail U.S. retail market was late to the game. So the European market was buying. Central banks have been buying. They bought a thousand tons of gold for four years in a row. But our U.S. market was late.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
So the last quarter of last year, they started to dive into gold. You started to hear about it. Hedge funds are buying gold. Big, big groups, Apollo Group, all these started buying gold.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, exactly. And and then this year, it just, you know, people still they didn't know where to go. They know what's going to happen. There's this is inflation going to be around. How is that going to affect things? So gold started to go up. So since President Trump's been in office.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
And I think it's we've been seeing this for a long time. And also gold hadn't moved up as much as some of the other things that had gone up with inflation. I mean, we all saw all the inflationary numbers over the last two years of electricity costs and everything that had gone up pretty substantially. But gold hadn't moved.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
But yeah, I think it was a testament to gold that investors that were typically gun-shy were diving into gold. And the U.S. sentiment right now, they just came out with a report, 25% of Americans feel more confident about gold than they feel about the dollar, and they feel even about equities. but less than 10% of Americans actually own physical gold.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
So they don't all own it, but they feel pretty good about it. So that consumer sentiment, I think, is really telling. When I started the business 16 years ago, I think it was less than 3% or 4% that was interested in gold.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
What about like five years ago? Five years ago, we're in 2020. So 2020. Well, it depends. Yeah, so in 2020, there was a spike.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, a couple years ago. The thing was is that that $2,000 an ounce was a really telling number. That was like, is it going to break through?
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Correct. Like, what's going to happen at $2,000? And I remember people having this conversation. Like, it's got too expensive. It broke $2,000, and it kind of hovered around $2,000 two, three years ago.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
um and then it it obviously broke through but now it's a 3200 we're at 3200 yeah and today is actually a great day to buy because it's down today because of what happened with sure with the china deal um so it pulled back today so you know it's like a stair step right you see these stair step kind of moves um but the tariff uh situation is it's like a it's like a high stakes game of musical chairs and like what happened today the way i think about it was like what happened today is that like we put one more chair back yeah we've been
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
pulling chairs away and we put a chair back so it feels a little bit better the stock market bounced um so gold's down today silver's very resilient today so that's pretty interesting um your silver's around 33 dollars and 32 33 dollars today yeah so it hasn't had the it's up 11 percent this year it hasn't had the massive that's very good It's still very good. Yeah.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Hasn't had the massive run of gold. But, you know, silver is different because it's not a monetary metal. It's an industrial metal. So it's technical. It's a technical use metal.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
So I think, you know, in the grant, if you're looking at where things are right now and silver still hasn't made that big move and it has so many industrial uses, I really, you know, I think silver is going to be interesting.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah. Well, I think it's this year has been the most interesting year of phone calls because people have, you know, started. They start some paperwork. They get a little bit and then they're trying to figure out what's going to happen. They're looking at their stocks. You know, they're deciding what's what am I going to do? So I think it's been a lot of start stop.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
But for a lot of people and this is what we've always said is like this is just one piece of the pie is diversification. And people are really liking the idea of getting the actual physical as opposed to the stock form. Yeah. So are you doing a lot of home delivery? Home delivery. And I think that was spurred a lot by what happened with the London Bullion Exchange. What happened there?
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Basically, what happened was that people started calling their contracts right before the tariffs were kicking in. And basically, the London Bullion Exchange didn't have enough gold. And so people were like, well, I have a contract. It's supposed to be there. And what was happening is that people were wanting to get their gold and ship to the U.S.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
And so the blended bullion exchange is like, sorry, we don't have it. And it's like, well, I own it. It's supposed to be there. And that caused more of a hysteria to run. It created a run on gold. People wanted to get their gold. They wanted to get it closer to home.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
So I think what's happened this year, which has been interesting, is that people have been selling their gold stock and then just buying the real thing.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Really bad. That's not good. Yeah. And that, that did cause his, I mean, we're talking about big institutions that the exchange that wanted it and they were being told like, we'll have it in four to six weeks. And it's like, well, you're supposed to have it there all the time. It's not, you're not supposed to have it there part time.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
NobleGoldInvestments.com. Been in business. It'll be 10 years next year. Obviously, proud partner with Charlie. And yeah, I mean, last week was really telling. We had a client talk to another dealer, called us. We saved them over $22,000 on that purchase. We've saved people millions of dollars just because we focus on bullion coins and bars, as you know, the real stuff. So that's what we do.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
alcoholism yeah and and people need that sometimes they need that prod you know they need to or they need to hear somebody and you shouldn't shame people that's not that's not what we're saying no right you should no no everyone has their free will they have agency but yeah also we need to be clear that it's probably it's not good for you yeah yeah and and and you were right what you said was right you're more successful i mean listen let's let's
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
not take away what you've done the last four or five years. It has a part in your success.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, so there's only been a few times, very short amount of times, that it's broken this 100 to 1. So 100 ounces of silver to 1 ounce of gold. And typically when you see these kind of ratios, it doesn't stick for a long time. It got down, even in 2011, it got down to 30 to 1. Wow. Which, by the way, if it went even 60 to 1 today, you're talking about silver being well over $100 an ounce.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
So there's a lot of these silver bugs that believe, like, what's going on with silver? Where's that going to move? Right. The thing that I like about silver is that there is a silver shortage. It's using, you know, everything, solar panels, electric. I mean, you name it. It's it's in there. Drones and actually drones. Big time. The government, you know, a lot of people don't know this.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
The government last year, they buy gold and silver every year. Last year was the first year they bought for over 400 million dollars of silver. and a little over $100 million in gold. Not for reserve. We wish they bought it for reserve, but they just bought it for industrial uses. And mostly for defense. They use it a lot for drones, all that stuff. They need silver. So I like that usage.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
18 to 30 grams goes into solar panels. That seems to be growing and growing. So I just like the continued usage. And if you're worried about where gold is and you're worried about the price, I think that there's a story to be told about silver. It hasn't made that big run yet.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
It's at NobleGoldInvestments.com.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah, thank you. Yeah, I wanted to catch up to you and all your books. Maybe one day I'll be there.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Because Prager, didn't he talk to you about doing this?
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
yeah i would say the first thing is that you you were buying you're buying the real thing and you you don't we sell bullion coins and bars when i say that means like we sell that because it's the highest purity and the lowest you get the most value and i think what
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
happens is you go to a lot of websites and you see they have so many different coins and bars and anytime you make a special coin or special bar either the company's going to try to make a huge amount or it just costs more or whatever it's going to be but at the end of the day all those modern day ones they're not worth anything different listen if you get an old shipwreck coin i remember i brought a shipwreck i loved it and and okay that's from 1855 and there's only a few of those but any of this new stuff
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Get focus on weight and purity. The other thing is, is like, what kind of relationship are you going to have with the dealer?
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
Yeah. And so, like, you know, people are like, great. Let's say you bought in gold a year or two ago. And then you try to go back to that place and they don't want to buy it back or they won't give you a great price. You need a two-way street. The beauty behind us is because we only sell 10 to 12 different products. I'm happy to buy it back because I'm going to sell it to somebody else.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
I'm not like a pawn shop. I don't have 4,000 different items. So I don't need to be concerned. I'm always going to – you sell me back a bar, I'm going to sell it to the next person. Totally. I think it's important to think about not only how you get in, but also your exit. Totally. And it's the same thing in business, right?
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
People always say that, like, if you're going to get into a business, think about who's going to buy you. It's the same thing when you're buying a physical item. You want to know how you're going to liquidate that later. So that's the thing that I think is most important. And then the last thing is like the market's up or down.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
You want to have a relationship like we build relationships with people. People can call one of my top guys. Josh is actually here today and he came to meet you and, you know, be a part of this. But The ultimate experience is just having that relationship with somebody.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
For more on many of these stories and news you can trust, go to charliekirk.com.
The Charlie Kirk Show
Is It Time To Pull the Covid Shots Off the Market?
I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Overall, with the economy, the CPI report came out, inflation is still sticky. It's still here. That's something that you have to think about. Do we focus on reducing inflation or do we focus on growth? What my opinion is, there's only a few different ways to go. You go high growth, High inflation, you go high growth, low inflation, which is the ideal, but very difficult to do.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Low growth, high inflation, stagflation, that's always dangerous. We don't want that. You've been living through a little bit of that right now. We've been living through a little bit of that. So we need, in my opinion, I don't think with the next administration coming in, I don't think there's any way that you're not going to have inflation, but I think it will be coupled with high growth.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Well, it's tough because I think they've been very conservative with the money supply and they've reduced the amount that they've exposed to the markets. a lot of people believe they will open that back up. They're going to start freely bringing money back into the markets. You got to be careful when you do that, though. You got to be careful because that could bring inflation again.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
But I think that all the measures going forward, we want wage growth. We want job growth. The people that have been hurt the most over the last four years have been people that have had credit card delinquencies. They've been the highest that we've seen in a long time. Last year was the highest.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
A lot of debt for middle Americans. So They need high growth opportunities. They need wage growth. And those are the measures that I think are going to put more money back in people's pockets so that they can live a better life and not take on all this debt.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah. Paul Tudor Jones, I mean, he said it best. All roads lead to inflation. That's why you're seeing alternative assets, gold, crypto, all these things really do well. The world is divested away from the dollar. They're moving away. The bricks are moving away. It's a natural progression.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
The petrodollar, this great control that we had where every dollar is being used for oil, that seems to be going away. That was a massive advantage that we had that Nixon signed in 1973. It was one of the best things he had ever done.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
um and that seems to be slipping away so i i am concerned that inflation will will continue to be here and in the high twos and i've been saying for a few years that i think two percent inflation is an unrealistic number if you look at the world nobody holds himself to two percent i actually think we're gonna go to a three percent model and um and i think that's much more attainable uh but i i think we're gonna sit sit in the high twos and the key is to be able at least to have growth outpace inflation right correct
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah. Well, if you go back to You know, early 1980s and how they calculate inflation. You take the same numbers today, we'd be above 10 percent. They pulled out a lot of different statistics to show a number that's low. And that allows them to continue the debt and continue the spending. And that's typically what politicians want to do. They don't want to make any cuts.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
I think this new administration, that's the big goal, right, to make some significant cuts. to bring our debt down, which gives people more confidence. The whole de-dollarization is based on the fact that people are losing confidence in our dollar. It's not that they want to trade in another currency that's better. There really isn't anything that's that much better.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
They just don't feel comfortable with our debt. That's what's happening.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah. The new book is called Silver is the New Oil. And it's basically a book where I believe that we're coming into a new super cycle. And the new super cycle is high growth. and higher than normal inflation, but higher opportunities. And I think the opportunity in silver is something that a lot of people don't talk about. Everyone talks about gold, and gold has already gone on a massive run.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
But silver is still below its 1983 price, and there's no other commodity out there. Why is that? Has there been an abundance of supply? There hasn't been that much supply. I think a lot of it has been pushed down by a lot of the larger organizations. They don't want the price where it should be.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
But yeah, I mean, we're sitting at $30 an ounce basically today, which is a number that it had already hit $50. It's hit $50 an ounce. So if you look at solar energy, EV, all the electrical uses, medical devices, and I go into really long detail. And then the government, the military uses a tremendous amount of silver, drones, all those things.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
So much silver, they don't even want to release how much silver they use. So I do think there's a massive opportunity. So I get into that in my book, and I also talk about some investment strategies that are outside the traditional investments that I've used in my life. Talk about those. Yeah, well, one of them is just focusing on assets.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
I really talk about here is that there's going to be opportunities where you're going to acquire assets at a good price and you want to continue to acquire those assets. You just focus and you add. And the two assets I talk about in the book are silver and real estate in satellite cities. I still think there's tremendous opportunities in cities that are outside the main city.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
So like you're out in Phoenix, obviously Phoenix and Scottsdale.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Flagstaff, Mesa, the next city where people naturally grow and they haven't seen that explosive growth. Those are the cities you want to identify. Find a city you understand and go out there and get it. Mesa. We like Mesa. Yeah, that's one of the cities I talk about in my book. I also talk about Greenville, South Carolina, which I actually just bought a property this year or last year.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
I bought a property there. because I really believe in it. But silver is the easy one in that there's no work, right? There's no maintenance, there's no tenants, there's so you can really buy it and sock it away. And it's it's a sleepy investment that you can just not think about. And then, you know, 10 years from now, when it's sitting at, you know, 100 $150 an ounce, you'll be
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
I think the market for silver on the exchange is still pretty small. It's not as actively traded. Also, if you look at gold, gold is bought so much and just held. whereas silver is seen as more of an industrial metal. But what people don't realize is that a lot of the uses for silver aren't recyclable. Some are, but some are not. Like, for instance, refrigerators.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
There's almost two ounces of silver in most refrigerators today. Nobody's going to go in that old refrigerator and pull that out, right? That two ounces is gone. Solar panels. 10 to 20 grams. And if there was two ounces of gold, they would take it. Yeah, exactly. I mean, this is five ounces of gold. So yeah, I mean, if someone would get in there and then what is that? This is a kilo.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
This is a kilo. Yeah, that's a kilo of gold. Yeah. If there was a kilo of gold in a refrigerator, well, your refrigerator, don't, don't just walk through the streets with this. Your refrigerator would be a hundred thousand dollars with that.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Well, and also I was going to say, not to transition totally out of it, but I was evacuated in the fires. And I've been talking to people.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah, we were okay. And I was talking to people is that this is exactly, this right here is some of the stuff that I put in a backpack and I left with. And I think that one of the things that people are not going to report, and it's going to come out, is that there's someone in the fire that had millions of dollars of Bitcoin sitting on a ledger that's gone. You mean they forgot their password?
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
No, no. They had it on a ledger in their house and it's gone, right? The thing is you got to – people think some things are investments or not. I was joking earlier about purses and some of these things and people are going to be in a situation where as if this is so easy. I mean you could – this is – we're talking about like $100,000 here. This fits – this could fit in a tiny little bag, right?
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yes, absolutely. Yes, silver does. So we do storage for silver for clients.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
So you could fit, you can look at this, you can fit a million dollars in a shoe box pretty easily. So- It's liquid. You can take it places. That's why I think it's a really smart investment. That's why people like it. But the liquidity and the other thing that I love about precious metals, the way we do it, is that you're not paying anyone a fee every year. Once you buy this, it's yours.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Every other investment in the world, there is some fee you're paying somebody every year, whether it's a management fee or property tax or an annual fee. Once you buy this, it's yours.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
They're exempt from – There's not – I mean if you sell it, there's capital gains. If you do it in the IRA, there's no capital gains. But actually 12 states have actually gotten rid of capital gains on precious metals.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Well, inherently, it makes perfect sense because they're already accepting it for tax reasons. in that state, right?
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Oh, yeah. Yeah, there's multiple states, Utah has been doing it for many years. And for you could you could train golden for your tax?
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
And if you think about that, why wouldn't the state want to do that? Like if over the last four years, gold is more than doubled. If somebody paid a tax, their state tax in this, and this was sitting at $45,000, and now it's close to $80,000. The state wins, right? The state went, why would it as opposed to them taking it in cash? Right. Because the state's obviously going to keep reserves.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
That's the whole idea. You keep reserves. So maybe they use cash that people pay in tax to pay whatever they need and they keep some of the gold and silver reserves. So I think it makes a lot of sense for a state to want to take an asset that's going to go up in value.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah, yeah, no, absolutely. We have some silver promotions right now. It's a great time because you have until April 15th if you want to add to your IRA. So we have a lot of good promotions going on. If people want to add more money to their IRA and their retirement, it's a great vehicle to save money.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah, no, I was talking about non-financial U.S. firms held $8.45 trillion debt as of Q3 2024. Wow. And this is an interesting stat because I always look at these things. The yield on season AAA-rated corporate bonds, 5.2% December 2024, double from December 2020. So the rate is high on this – AAA corporate debt is supposed to be – the creme de la creme. I mean, that's your best.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
They're training at 5.2%. So it's either one of two things that's happening. Either that. The market is saying that they're riskier, right? That's why they're paying such a high yield. They were paying 2.5%, 2.7 before. Or they're trying to keep up with treasury bonds and what the banks are paying for.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
I think the average bank's paying between four and four and a quarter, which is really interesting right now. I remember when that happened initially. Everybody was enamored with keeping money in the bank. But now that inflation is probably at 3% or higher, is a 4% of the bank a number that really is good for somebody or are they just – are they even breaking even? Are they losing money?
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
These are all the things that I look at when I look at the economy. They've sort of got people in love with this 4% return. But when you look at what it takes to live and the cost of living and how everything is astronomically going up, I just don't think 4% is enough.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Yeah. I mean, obviously, people are optimistic about the new administration. They're excited about what's going to happen. And they're hoping that things will happen soon, that wages will go up and things will get better. I do think it's going to take some time and I do think it's going to take some time for anyone to come in and fix a lot of the problems.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
He's going to have to come in four years of problems that he's going to have to clean up. So I think people are optimistic. I also think that if you look at some of the proposals when you talk about inflation, which is rampant right now, it's still going. You talk about tariffs, you know, tariffs are the reason that no president really wants to take on tariffs.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
This is really it's a long game, right? Because it would make
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
certain products more expensive in the short term and so what we're starting to see is a lot of people buy things now before they think things will go up i mean i've seen numbers where they think computers could go an average computer of you know 600 could be with a 20 or 30 tariff could be seven or eight hundred dollars so a lot of people are trying to pre-buy things before these things could happen for those price upticks before the upticks happen and so i think that's i think that's smart and i i do think people that are getting early
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
on some of the things that we do will also take advantage.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
Well, I always think about this is the class, whenever you hear about hedge funds, and these firms, they always say assets under management, right? That's the classic term that everybody says, what are assets, assets, or businesses, assets, or real estate assets are, Precious metals. These are all assets that the wealthy is buying, that these big corporations are buying.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
So everybody is trying to acquire assets. That's the key to this next economy. And I think what people need to realize is that a lot of people say this to us is that things sound and feel expensive. And if they sound and feel expensive, then why is BlackRock buying all these houses? Why are all these institutions picking up properties?
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
You know, in Los Angeles, one of the biggest buyers of commercial real estate apartments is the city of Los Angeles. The city of Los Angeles, just, you know, Encino. Woodland Hills, they just bought a $400 million apartment building. The city of Los Angeles. with taxpayer money. They're buying assets. So the key to this new economy to protecting yourself is it's really an asset economy.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
That's really what you have to do. And I do think that precious metals plays a part in that. But I think overall, it's just assets, having a business, having some different income streams and really being diversified.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
We have some shipwreck coins. Right now, we focus on incredible customer service. I mean, that's really what we do. And there's a lot of gimmicks out there, things that you do. You are going to get some free gold and silver if you do any purchase with us. We have different promotions. But really, what we focus on is selling bullion coins and bars. How much is this worth? That's five ounces.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
So you're looking at, you know. $11,000, $12,000. I could just put that right there. Yeah, it fits easy in there. Just slide right in there. It's just right there. No one even knows I have it. Do we have a metal detector here? Does it pick up? Oh, yeah, definitely.
The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
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The Charlie Kirk Show
How Joe Biden Could Have Won 2024 — But Didn't
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