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Oct. 23, 2024 - Lionel Nation

25:48

GOLD: A Lifesaver for Doomsday and Apocalyptic Disaster and Collapse

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	Dear friends, I am glad, thrilled beside myself yet again to talk to my good friend and yours, Colin Plume from Noble Gold Investments.
	Colin, welcome back, my friend, to the show that never ends.
	Good to be here.
	Great to be here.
	Excited to be here.
	Let's talk about this.
	I'm a native Floridian.
	I'm from Florida.
	And I used to run into these guys, these guys on the beach, these poor bastards walking around with their metal detectors.
	Oh, look, a can!
	They're waiting for a ring or a...
	I don't know what the hell they're doing.
	And they're out there looking like minesweepers waiting for something.
	Yeah.
	You have a story, which by the way, just human interest, blows my mind of some of the luckiest people.
	Tell us a little bit about what happened there.
	Yeah, so it's called the Chew Fowley Horde.
	And, you know, two to three times a year you hear about these great stories of people that, you know, the people that you think have just too much time on their hands just walking around with the metal detectors on the beach.
	And then every time you think, what are these guys doing?
	Then you hear about a story where they literally strike it big.
	And so they found in England, they found these coins, 2,584 silver pennies.
	I'm looking now because I just want to make sure that I get it right.
	I got it.
	So these are silver pennies from before 1,066.
	Before the Norman Conquest, ladies and gentlemen.
	The Battle of Hastings.
	I mean, an incredible find.
	And what's it worth?
	So, silver, pennies, which is interesting, too, because we used copper for pennies.
	They're valuing it now.
	Highest value treasure find ever recorded in England, 5.6 million.
	And it illustrates a few things, I think.
	It illustrates that they've been using silver and also gold for coins for thousands of years.
	I mean, that's why it's funny to me when they talk about CBDC and all these things.
	That we know are really just contraptions to favor governments and central banks and, you know, CBDCs and all this electric money does nothing for you or I. It would not help in any way.
	Central bank digital currency for those not as hip as we are, Colin.
	Yeah.
	So it illustrates that we've been using this kind of money for a long time.
	There's tremendous value.
	Obviously, if someone's willing to pay almost $6 million for these silver pennies, and it illustrates there was a time where it was much simpler and much better and much smarter.
	You know, when we used gold and silver as money, people were much better off in this country.
	No doubt about it.
	People were wealthier.
	I mean, you can look at it just, you know, the idea that a family that...
	One person in the family could work, let's say the father, and the wife could stay home and raise the kids.
	That was a reality.
	Not only was it a reality, it could have been an iron worker.
	It could have been any profession, a postal worker.
	And guess what?
	That family, you know what else they did?
	They owned a home.
	And today, it's not the norm, unfortunately.
	And so it illustrates that.
	That what money is and us having real value and money is so important to everyone.
	And it's heavily overlooked because when you go to the news and you go to all these channels on the stock market and they're focused on this, no one's talking about debt.
	They do not want to talk about debt.
	And no politician does.
	When's the last time you heard a politician say, you know what, we're $35 trillion in debt.
	That's $200,000 per taxpayer.
	That should be the number one agenda on both political parties.
	Colin, nobody knows what that means.
	Nobody knows what that means.
	They say it, but they could say, what do you mean we're in debt?
	Who's in debt?
	It's not tangible.
	By the way, let me ask you, let me throw in one thing.
	I was thinking about this the other day.
	My grandparents, my aunts, my uncle, who were, some of them, Italian, they were cigar makers.
	In Tampa, they were just Sicilian.
	They all had homes.
	I don't remember any of them working.
	I don't know what the hell, I don't know how they, and they weren't rich, but it was the norm.
	That's number one.
	By the way, each one of those silver pieces, about $2,170 each.
	If my math is correct.
	Right.
	Which is, in terms of silver content, it's probably like, you know, if they're pennies, it's probably a tenth ounce of silver or something, which, you know, the silver content would be worth $3.50, but it's got numismatic value because, you know, the coins are over a thousand years old.
	Yes, exactly.
	But I want to ask you something, and you bring this up, which is important.
	I am telling you, That there are people right now who never, ever, ever thought about gold, silver.
	And as you know, when people talk about being a prepper, a doomsdayer, eschatological, the end of times, tinfoil hat, right now there are people making scabs who want to know, especially...
	After what my native Florida went through with Milton and all these hurricanes, power, water, food, ammunition, we'll talk about that later, and gold or money.
	Colin, everybody is talking about gold.
	Some of these big, you know, the Costco's or whatever, are selling this stuff hand over fist.
	Yeah.
	So what does that tell you as somebody in the business?
	What does this tell you about where we're going and the attitudes that we have?
	Yeah, I mean, it tells me a few things.
	One, it tells me that people are concerned about the economy.
	They're concerned about the value of their money.
	And so they're seeing the price of gold.
	They're seeing the price of silver.
	And they're realizing that maybe they missed the boat and they wanted to get some.
	They're also hearing the thing that I've been talking about for a long time, which is being diversified.
	For so long, people just looked at the traditional real estate and stocks and bonds and they thought that was it.
	But now people are realizing there are alternative investments like gold that don't get as much fanfare or they're not in the news as much.
	I mean, for as much as you're hearing about the stock market going up and there are...
	A lot of stocks that have gone up a significant amount.
	Silver from last year to today is up 44%.
	In the last 90 days, it's up over 10%.
	What else is up 44%?
	Give me something else that's up 44%.
	Just take your time.
	The only thing I can think of is those top seven stocks, the NVIDIAs and those.
	But besides that, But also when I look at that and I compare those things, and listen, I'm not going to take away, and I do own stocks too, so don't get me wrong.
	I am diversified.
	But I look at it and I go, what has more intrinsic value?
	Like a microchip company that's now the stock value is selling at such a high multiple relative to earnings that we've never seen it before.
	We've never seen that high of a price relative to the value of a company.
	Or silver that's sitting in the mid-30s that still has not even broken through its all-time high of $50 an ounce.
	What has more intrinsic value?
	So I feel good being diverted.
	I think that's what we're seeing out there is that people are seeing it.
	Now, keep in mind...
	Buying is one thing.
	Selling is another.
	You do want to go to a place that will buy it back.
	That's the problem with some of these big places selling it now.
	They're not buying it back.
	Costco's not buying it back.
	So where are you going to sell it?
	You want to get a good buyback price when you liquidate.
	Explain that.
	Explain that.
	Because most people are saying...
	Yeah, because when you go to a pawn shop and buy from, let's say, a Costco or something, and you go to a pawn shop to liquidate, you're not going to get a great price because the pawn shop didn't make a commission when you sold it.
	Costco did.
	So they're going to make money on the buyback.
	And also pawn shops have thousands of items.
	The beauty behind Noble Gold, and this is the reason that we've done really well, and clients have done even better, they've done amazing, is because we basically sell less than 20 items in gold and silver.
	So we will pay a great price.
	We'll buy it back at a great price because we will sell that product to somebody else.
	Whereas a pawn shop, a pawn shop has to think, the owner has to think, How long is this silver and gold going to sit on the shelf?
	And I have to think about that as a business owner.
	If I buy a guitar or if I buy anything, I might have to hold this thing for a while.
	If I have to hold it for a while, that's a cost, right?
	Because it costs me money to hold inventory.
	We don't have that issue.
	That's why people buy from us.
	We buy bullion coins and bars.
	If you bought this from us during 2020 and you bought it for, you know, 15, this is a kilo bar, if you bought this for about $400, And you sold it back to us today.
	We're close to $900, $1,000.
	We're going to buy this back at a great price because I'm going to turn around and sell it that same day.
	That pawn shop's not going to happen.
	So you want to buy it at a great place and you want to be able to sell it at a great place.
	And typically it's the same place.
	And that's why you've got to be careful.
	People get hyped on it.
	Then they get it from Costco.
	They go, okay, well, who am I going to sell it to?
	How do I get the rent?
	How quickly am I going to get the money back?
	You know, these are all the things that you have to, you want to have a relationship with the dealer and see of a two-way street, right?
	And let me also say something, I know, and I'm saying this and not you, and with all due respect, you know, Costco and all the people, great people, whatever it is.
	Absolutely.
	And if you want to buy bottled water and great, toilet paper and licorice.
	Yeah, if you want to buy 500 pounds of garlic powder, which I still have, which is a rock, yeah, that's great.
	However, I don't know sometimes when people want to buy, this is my favorite, this is my Trump coin, by the way, but when you get it from somebody, you're saying, now, this is what you say it is, right?
	I mean, people are saying, okay, I like that, but This is what you say it is, right?
	Who's going to certify this?
	Right, right.
	Yeah, you want to go with the dealer.
	I mean, when we get that all from a mint or we get it from anybody, we have multiple parties checking the product to make sure it's exactly what it is.
	When we do an IRA, you know, a lot of people are rolling over 401ks and IRAs with us.
	We're the only company in the country where we store it in the depository.
	First of all, it's segregated.
	So this is your hoard.
	You're going to be separate.
	Basically, we're going to verify it.
	The vault manager is going to take a picture.
	They're going to sign it.
	We're going to send you that photo.
	You're going to see your inventory.
	And then they're going to shrink wrap it and slide it on a shelf.
	We're the only company that offers that complete service in the industry.
	And we pay extra for it to have that.
	You want to have your stuff separate.
	There's so few investments in the world that you own by yourself.
	And gold and silver with Noble Gold, It is one of those.
	You own it.
	It's yours.
	So at retirement right now, a lot of people are retiring.
	They need money for whatever reason.
	If they want their gold and silver shipped to them, we'll ship their gold and silver to them.
	If they want it liquidated in cash, you can liquidate in cash.
	These are assets you own by yourself.
	We just help you get there.
	We're out.
	But they're yours, right?
	They are yours.
	And I think that's in today's day and age, that's what people want.
	They want that ultimate level.
	And then, not to tell you your business, Colin, and we've been friends for a long time, and everybody loves you.
	It's not just me saying this.
	Just look at the reviews.
	This is all you do!
	This is it!
	You're not Noble Golden Investments and Bar and Grill.
	You don't do small engine repair.
	You don't do it.
	This is it.
	You live and breathe.
	This is it.
	And I guarantee you, there's a lot of folks out there and a lot of, you know, you'll see it, and I don't know anything about...
	Any other companies, I'm sure they're terrific.
	But I am telling you, if you're listening to me, and if you listen to Uncle Lenny and you believe me, this is the guy.
	He's the only one I trust.
	The only one.
	I'm telling you.
	I know we've talked so much about this.
	But let me also say something.
	These are very precarious times.
	Colin, there are people scared right now.
	I don't want to get into politics.
	But we have an election coming up.
	And there are people saying, is there going to be riots in the street?
	I mean, gee, that would never happen.
	We'd never have...
	People are scared.
	So gold and silver and precious metals, this is a time to really think about this, and Noble Gold Investments.
	And by the way, LionelNationGold.com is where to start off, or 877-646-5347.
	Of course, mention Lionel sent you, and that's...
	A different story.
	Can I mention some other things to you?
	I'm looking at this news, hyperinflation, lessons from Zimbabwe, the Weimar Republic, and Venezuela.
	Oh my God!
	How about Babylon?
	Yeah, unbelievable.
	And by the way, those are the most extreme examples, but there's companies like Argentina where they can have inflation in a month that's between 5% and 8% in one month.
	So if you annualize that, that could be 60% to 80% for a year.
	They're having it, too.
	There are countries that have extreme examples that are not making the same kind of headlines.
	And what it comes down to is the global monetary system is based on cheap money.
	That's how everything survives.
	And it's great for the rich.
	It's great for a certain sector.
	It's great for the banks.
	There's a lot of people that can benefit, but for people that are savers, that are people that are just trying to keep up with inflation, it guarantees inflation.
	Cheap money guarantees inflation.
	Us keeping interest rates from 9-11 until two and a half years ago, well below where they should have been, is a detriment to the average American.
	You need normal interest rates, and we've seen it.
	Rates going up have hurt the real estate market, but it's also created maybe a little bit more normal of a market, right?
	Because it's not so low that you're just seeing houses go up 5% a month.
	It didn't make sense.
	It's made it a little bit harder for business, unfortunately, but maybe it's creating more of a normal market.
	And that's the thing.
	It's a double-edged sword, the low rates, is that it makes you feel rich.
	Because your house is going up, but actually you're actually getting poorer because more people are going away from assets today.
	That's the biggest...
	If anyone's taking away anything from this, you need assets.
	You need businesses.
	You need gold and silver.
	You need things that can help you through these times.
	And you have the World Economic Forum and all these ESG movements that are trying to tell you that you shouldn't own anything and you can take your rent.
	And you get used to it.
	And we'll take care of you and all that.
	And if you believe that stuff, I'm sorry.
	That's just not the truth.
	There's no way.
	There's no one that's built any tremendous wealth that doesn't own a lot of assets.
	And you look at all the billionaires, all the big names, Einhorn, the list goes on.
	Mark Faber, I just saw an interview with him yesterday talking about it.
	Ray Dalio.
	Ray Dalio, one of the great hedge fund guys of all time, loves gold.
	A hedge fund guy loves gold.
	Why does a hedge fund guy love gold?
	Big thing about hedge funds is protecting your downside risk.
	You know, that's the big thing that people...
	Yeah, you hear about these hedge funds that make 20%, 30%, 40%.
	But big pensions, you know why they invest in hedge funds?
	It's because when the market's down 40%, hedge funds are down 5%.
	That's actually why a lot of people...
	That's why a lot of funds...
	I was talking to a gentleman yesterday that runs a hedge fund.
	And he was telling me that's...
	Everybody thinks it's like, oh, we make 60%.
	In some years we do.
	But actually, smart people protect their downside.
	So that's why guys like Ray Dalio love gold, love silver.
	They're protecting their downside.
	I'm looking at this also.
	Look at this.
	Global powers reshape gold markets through strategic accumulation.
	Recent analysis reveals significant shifts in gold markets with major powers like China.
	Quietly accumulating substantial gold reserves while officially under-reporting their holding.
	Think they know something?
	Yeah, China has always misled the world about how much gold they want and how much they own.
	And they've done it again this year.
	They said they're not going to buy.
	The central bank's not going to buy.
	Yet the citizens of China are buying it like crazy.
	So the government says no one's buying it, but yet people that live in China, people that are accumulating wealth, And, you know, accumulating wealth is slow.
	It's steady.
	It's not sexy, right?
	And so that's the thing, is that people need to realize that there's a lot of sexy investments out there that will not bear the fruits of what they're promising.
	And I can promise you this.
	I see them every day.
	These get rich quick.
	You know, I saw the other day a way that you can help finance litigation.
	Hard money to lawyers.
	And they're promising these unbelievable returns.
	And their unbelievable returns are 11%, 12%.
	Whereas gold and silver, things we absolutely need, are breaking through that number.
	Doubling this year that number.
	So it's like you see all these things that are fun and you see them on Instagram and you see all these posts of things that you can get into or you can just get into some stuff that's been around.
	That has a track record that you know, yeah, the market could go up and down and there's volatility, but there is always going to be a use.
	And I'll get into that.
	For people that call in, subscribe, you'll absolutely, as you're going through your journey and learning about gold and silver, you're going to get my book, which is done.
	It's at the press.
	I just don't have it.
	Oh, good, good, good, good.
	Silver is the new oil.
	It'll be out in my hands in the next less than 30 days.
	So, you know, if you're in your journey and you want to learn, and I, that's, you know, people ask me what separates us, Noble Bullet, from the rest, besides the other things that we talked about.
	But the biggest thing is education.
	I want to make sure people are educated because if you end up acquiring metals from us, it's a long-term relationship.
	We're going to be around.
	We're going to be talking.
	And I want to make sure you're fully informed.
	You know the risks.
	You know everything involved.
	You know what you're going to buy before you buy it.
	And that's...
	And if you know more, if you know more, you will appreciate you more.
	Because, you know, the educated consumer, this is somebody who actually is going to appreciate you more.
	Now, let me also tell you two things before we forget.
	You know, there was this fellow that we had here in New Jersey, had this U.S. Senator, Bob Menendez, and when they were seizing certain aspects, they found gold bars.
	And people said, oh my God!
	And it made me think, how rare do they think this is?
	Loads of people have gold.
	They think it's like pirates or bullion or a treasure chest.
	I don't know what it is.
	The number of people who think it is something that's exotic absolutely floors me.
	We've talked about how silver is used in solar collection units and also other Metals as well.
	So it's not this extravagant, exotic aspect.
	It is commonplace.
	It makes profound sense.
	Yeah, sometimes simple is just better.
	And I think if once they read the book or they look at the charts or they look at the industrial uses, I mean, that's the thing I really focus on is where is gold and silver going?
	Are they going to continue to be used in industry?
	What industries are growing?
	I mean, you look at all, anything EV, anything electric, any of that stuff, silver's a big component there.
	So, yeah, anyone that's looking to get information, we want to have a conversation.
	Call the number, 877-646-5347.
	Tell them you heard us here on Lionel's show.
	We're going to give you great service.
	You're going to talk to a live person, no bots, no nothing, a real person.
	Get some information.
	Ask every question you have.
	Spend time.
	That's what we want.
	We want you to, you know, do your due diligence on us and the products and everything we're doing.
	Absolutely.
	And the key is in my journey, you know, as being in the metals business is really the education part.
	That's the thing that I enjoy is teaching people about what we do.
	And it's, you know, it's so often overlooked in day to day.
	There's so many things, as I mentioned, that just attract people for whatever reason.
	They think it's, you know.
	Buying Nike shoes, buying fancy watches.
	I mean, you saw the luxury watch market just totally fall to the ground because there's no true demand, right?
	It's just, it's based on, you know, what people think and people were kind of rich during the pandemic and there was all this cheap money.
	You know, cheap money leads to these investments that aren't really investments.
	You know, luxury watch.
	Remember baseball cards?
	Yeah.
	I mean, listen, there's buying them.
	You know, they're buying them.
	But, like, this hoard, for instance, this silver penny hoard, there's one hoard.
	So it's like there's actually a rarity there.
	There's so many stuff I see.
	My kids are to Pokemon cards.
	They're telling me they're worth money.
	This card's worth $50.
	Look at this website.
	I'm like, sure, you can put anything on a website for $50.
	Who's going to buy it?
	Who's buying it?
	Exactly.
	That's the thing.
	There's always buyers for this.
	You want to have...
	A liquid market with buyers.
	And the best of the best of the best is Colin Plume, Noble Gold Investments, LionelNationGold.com.
	I'm not going to tell you something that's not true.
	Because then, why?
	What's the point of this?
	Believe me, there's a lot of folks out there claiming this.
	You're the only one.
	You're a gentleman through and through.
	Noble Gold Investments, again, LionelNationGold.com.
	Colin Plum, as always, next time, I've got to get a copy of that book.
	We have to talk about that.
	Thank you, per usual, my friend.
	Thank you, and all the best to you, sir.

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