| Time | Text |
|---|---|
|
Protecting Your Family's Wealth
00:02:23
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|
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| Dear friends, I'm glad again and honored again to be talking to, for the first time of the new year, Colin Plume from... | |
| Noble Gold Investments. | |
| And by the way, as you can see at the bottom of the screen, LionelNationGold.com, Noble Gold Investments, 877-646-5347. | |
| Commit that. | |
| Prick your blood, your finger, write it in blood, tattoo it on your forehead. | |
| Never forget. | |
| Colin, welcome. | |
| Happy New Year, my friend. | |
| Happy New Year. | |
| Nice to be here. | |
| Exciting year. | |
| Let's talk about this. | |
| Yeah. | |
| This is the book. | |
| It's called Silver is the New Oil. | |
| Right. | |
| Strategies for Profiting from the Next Industrial Revolution. | |
|
Owning Assets in the Energy Transition
00:04:51
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|
| Colin Plume, available on Amazon every place else. | |
| By the way, this is going to be coming to a theater near you. | |
| Who is going to be playing you in this? | |
| That's a great question. | |
| I don't know. | |
| I haven't thought about it. | |
| Brian Austin Green, maybe? | |
| I don't know. | |
| I used to get that as a kid. | |
| They used to say I used to look like him, an older actor. | |
| I don't know. | |
| I'm excited to have the book out. | |
| It took a few years to get it to the finish line. | |
| Everybody talks about gold, which I love gold. | |
| I always talk about gold, but I wanted to dive into silver and really talk about the opportunity in silver. | |
| I think when you're looking at commodities, silver's... | |
| A little bit like the redheaded stepchild. | |
| No one really talks about it, so I wanted to dive into it and put a lot of charts and graphs. | |
| Yeah, go ahead. | |
| It is absolutely replete with information and data, but keep in mind that when we talk about electric vehicles, solar panels, advanced technologies, all of them require silver. | |
| It's not just this thing you look at and say, oh, okay. | |
| Gold is a wonderful thing, but you're not going to have gold-lined Machinery makes it very, very expensive. | |
| That's a great point. | |
| I think that when you're looking at where things are going for the future, there's a few big topics in the book that I go over. | |
| One is energy. | |
| Everybody knows where energy goes. | |
| The wealth goes. | |
| Oil was the great wealth generator in the late 1800s, 1900s. | |
| J. Paul Getty and all of these magnets that created this unbelievable wealth. | |
| And now everyone's looking around and saying, well, what's the next thing that is going to have unbelievable wealth that's tied to energy? | |
| And a lot of people today are talking about nuclear energy and this type of energy. | |
| But there's things that we know can help reduce costs. | |
| Day-to-day living. | |
| And one of them is electric vehicles. | |
| And, you know, I talk about it in the book is that if you just, once you, if you just compare the $25,000 car, same Adam, you know, A to B, gas car to electric car, you're going to save 55% minimum today. | |
| On your monthly expense in that electric vehicle compared gas to electric. | |
| That's just right now. | |
| And if you add those numbers up over a long time, it ends up being a lot of money. | |
| And everyone's talking about EV and the prices have dropped. | |
| And I'm thinking to myself, it's an amazing opportunity. | |
| Some of these cars, these Teslas you're picking up, I've seen people buying them for $20,000 and they have no gas. | |
| It can add a lot. | |
| These little things, a monthly expense like gas, that can continue. | |
| And we're going to see $8 gas. | |
| We're going to see $10 gas. | |
| So my 55% savings is based on today. | |
| It's not based on where gasoline is going to go. | |
| So that's a tremendous savings day-to-day. | |
| Solar panels. | |
| Obviously, electricity is something that's just gone up and up and up and up. | |
| So the idea of having solar panels. | |
| We'll continue to keep your costs low. | |
| So these are just two of the thousands of uses for silver that will continue to skyrocket. | |
| And if you look at the numbers, there is a shortage of ounces of silver. | |
| So these are the things that I really dive into. | |
| And I talk about the super cycle of assets. | |
| There's going to be a super cycle here where You know, a lot of the world and a lot of these organizations and everyone out there saying, you know, you don't need to own anymore. | |
| You don't need to own anything. | |
| You can just rent. | |
| You can just borrow. | |
| And everything is renting and borrowing. | |
| And I believe the exact opposite is that it's an asset economy. | |
| You owning assets, owning things. | |
| And the nice thing is you're owning things that are debt-free. | |
| You know, once you buy this, there's no debt behind it. | |
| Owning assets will protect you against... | |
| It'll protect you against governments overreaching and trying to take too much of your money. | |
| Really having assets protects you and creates wealth for the long term. | |
| And so I dive into that in my book where I talk about silver. | |
| And then I also give some tips on real estate, which I've also done, which parlays into really what I always talk about as being diversified, which I am. | |
| I own lots of different types of assets, but I truly believe in real assets. | |
| Gold and silver. | |
| Good real estate. | |
| Things that, you know, over time will go up and things that are irreplaceable. | |
|
Market Tariffs and Inflation
00:15:34
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|
| And also, you know, Colin, it's wonderful how people are getting involved in crypto. | |
| And it's wonderful that this and the Trump meme and Bitcoin, and that's exciting. | |
| But there's this wonderful thing, too, is it may seem kind of old-fashioned. | |
| But it's old-fashioned for a reason. | |
| It's dependable that's here. | |
| It's metals, but it's silver. | |
| So again, one more thing. | |
| This is the book, and I will have in the link how you can get this. | |
| Believe me, this is not... | |
| Listen, I've read some of these before, and you know it's true, Colin. | |
| These are some snoozers. | |
| This is a page-turner, and I won't tell you how it ends. | |
| It's fine for dad or grad. | |
| Wait till it comes to the drive-in. | |
| Anyway, there's a role in here, for me, I understand, played by Danny DeVito. | |
| Shouldn't let people know that. | |
| But in any event, now let's talk about this. | |
| You know, Colin, you might have heard there was an election recently. | |
| And this guy, Trump, apparently is the president. | |
| And already people are talking about tariffs. | |
| And what is your take on the Trump administration and with his reign, as it were? | |
| Well, yeah, I mean, there's a number of things. | |
| And I think that you have to really look at every president has an economic strategy. | |
| And his economic strategy... | |
| The last guy, I don't know. | |
| Right, right, right. | |
| Yeah, I mean, some of the strategy is do nothing. | |
| Yeah, some of the strategy is nothing. | |
| But Trump's strategy is built from his business acumen. | |
| And it's, you know, if you think about all the things he's already talked about and been doing, acquiring Poland, negotiating tariffs. | |
| It's all to give us a business advantage through economic coercion. | |
| We're trying to coerce people to do things, whereas the previous administration was really focused on... | |
| You know, more in terms of spending money on war and trying to grow the U.S. in that way. | |
| Like, we're going to give out aid, which means you're aligned with us, whereas Trump's less about getting into war. | |
| He wants to get out of wars. | |
| He knows that the cost is bad for us, and he really wants to focus on... | |
| I'm going to talk to you about tariffs because you guys have had a strategic advantage. | |
| You're making goods overseas at a reduced price. | |
| And so we want to bring some of that money back here, some of that revenue back here. | |
| And so he's said on February 1st he's going to have a 25% tariff for Canada and for Mexico. | |
| And then obviously he's pushing with China to have a similar type tariff. | |
| And these things, the idea of bringing more jobs back here and manufacturing, these are good ideas, but there is an effect. | |
| And that's the thing that I always look at is like, well, as an individual that's an investor, how am I going to benefit from the next four years of these strategies? | |
| And a high-growth, high-inflation strategy falls right in line with owning precious metals because you've got to think our debt is going to continue to go up. | |
| We're going to have tremendous growth. | |
| Hopefully, that's the idea. | |
| But with this tremendous growth, there is a cost to this tremendous growth. | |
| And so inflation is the likely scenario that we're going to run into. | |
| And even if you look at the last report, the CPI report, we're at 2.7%. | |
| So it hasn't slowed down. | |
| The measures that we're putting into place would only increase inflation. | |
| It wouldn't go down. | |
| So things like gold and silver are going to do really well. | |
| And I can tell you that The bond market and the markets are reacting in a way that they believe inflation is going to come because the 10-year Treasury note, which is assigned to bond traders, has gone up to one of its highest points in the last probably 25 years. | |
| It's at almost 4.7%. | |
| So that is an indication that investors are saying that... | |
| Other assets are much riskier, and I'm going to put my money into bonds, right? | |
| I mean, that's the only reason the 10-year would continue to go up. | |
| The demand is really high. | |
| And also, they believe the risk is high. | |
| Like, we still have, with every this new jubilation and excitement, we still have this tremendous debt. | |
| You know, we handed Trump $37 trillion debt bubble, right? | |
| So how does anybody fix that? | |
| And he's going to try the strategies that he believes, and I think some of them are good. | |
| But they're going to have an effect on the stock market. | |
| They're having an effect on the bond market. | |
| And they're going to have an effect on the commodities market. | |
| The other thing to keep in mind with Mexico... | |
| 25% tariff. | |
| Most of the silver in the world is mined. | |
| The majority of the silver in the world is mined in Mexico. | |
| So if that happens and he tariffs the silver coming into this country, that means the cost to acquire silver in this country is going to go up by 25%. | |
| Now, I don't know if these are going to happen. | |
| Maybe February 1st is not going to happen. | |
| But if you just took everything at face value, that means that silver could get... | |
| It could get a lot more expensive. | |
| And so if you're a buyer, if you're looking to get in the market, you're going to buy things now. | |
| People are going to buy things before they go up. | |
| So I think those are some of the things that I see happening that people are concerned about. | |
| And then, as you probably know, living where you live... | |
| The stock market and the markets hate this kind of volatility. | |
| They want more stability. | |
| And so the stock market's near an all-time high, and there's going to be a lot of measures that come out over the next year that could put the stock market in a bad place. | |
| For instance, if he lays off all the people he's going to lay off, unemployment should go up pretty significantly. | |
| And the markets... | |
| They don't react well to higher unemployment. | |
| That's one of the things. | |
| We've had it pretty steady. | |
| Now, I'm saying a lot of these jobs are probably jobs that should be getting rid of. | |
| But who's going to replace those jobs? | |
| Let me tell you what you do, Colin Plume, which I think is the most important. | |
| You're not talking about... | |
| You're not a political analyst. | |
| You react to whatever he does. | |
| If he does this, you react. | |
| A, B, you sit back and you say, tell me what you're going to do and I'll tell you what I'm going to do. | |
| You're not necessarily grading whether tariffs make sense. | |
| Does he know what he's doing? | |
| We're not talking about that. | |
| Your job is to be reactive and to be able to plan investment strategies and the like and irrespective, let me hold this up again, silver is it. | |
| And people, again, I'm going to put a link to this, because it's... | |
| And I want to say this again. | |
| There's something almost... | |
| People have a resistance. | |
| Like, it's not cool to talk about silver. | |
| You know what I mean? | |
| It's like, what are you, an idiot? | |
| Did you just do what the man said? | |
| This has happened the whole time. | |
| The 16 years I've been in the business, that's always been the thing. | |
| When I started gold, silver, like, what are you doing? | |
| Why are you in that? | |
| People would ask me why. | |
| And then the last few years, everyone's... | |
| Kind of changed their tune. | |
| They understand it more now. | |
| And I think that once the cat was out of the bag in terms of inflation, and you saw the Federal Reserve say, we had 9% inflation. | |
| Once that happened, even though inflation was always higher than when they reported, but once people saw that, they saw electricity costs go up a few hundred percent and food costs go up dramatically, they started going, you know what? | |
| Maybe gold does make sense. | |
| Maybe silver is something. | |
| I just think it's fundamentals of what we're looking at. | |
| And I think that when you look at the charts of most of the wealth, like when I look at the stock market, it's still these top seven companies, right? | |
| And a lot of it is based on AI. | |
| A lot of it is based on the promise of AI. | |
| And I think a lot of the AI will do things. | |
| That are powerful and it will save us time and money. | |
| And I think there's going to be about a 90% churn rate of a lot of AI programs that will do nothing. | |
| And we're basing, the stock market today is based on a promise that has not been delivered. | |
| And so that's the thing that always concerns me is that you look at the multiples for some of these companies. | |
| I mean, they're trading at multiples that we haven't seen. | |
| Since like the early 2000s, I mean, in terms of valuations, NVIDIA and a lot of these companies. | |
| So these are things to keep in mind. | |
| And I think that, you know, ultimately I do think a lot of the things that he's going to try to get past and try to do are going to be really beneficial long term. | |
| I think the more government waste that we can get rid of, the idea that there may not be tax, I mean, it's a really exciting idea. | |
| The thing that really concerns me is that... | |
| Is he going to hold hard on tariffs and we still have tax? | |
| If we just hold hard on tariffs and we don't reduce people's taxes, then they're just really paying more money for goods in the short term. | |
| And that won't be a good thing. | |
| And that won't, and it'll make people less likely to spend money, which is really what the economy grows on, right? | |
| People spending and going out and, you know, this capitalistic, that's how you grow this economy is you get more entrepreneurs, you make more products, you bring it more here. | |
| But, you know, if the cost of goods is going up pretty dramatically, we have to, we really do have to be careful of how that's going to work. | |
| And, you know, as much as I, And I think it's exciting. | |
| Also, at the end of the day, these guys are, they're entrepreneurs and they're capitalists. | |
| And so we do have to be careful that, you know. | |
| This whole good idea of them coming in to fix the country is really just another way for them to profit, right? | |
| Oh, absolutely. | |
| Listen, the other day, and by the way, we should also change something. | |
| I like to think about what we're talking about. | |
| Not to be punny, Colin, but what we're talking about is fundamentals. | |
| Think about what we're doing. | |
| You can use it. | |
| I'm sure it's been said before. | |
| You can talk about all that great stuff, but the fundamentals never change. | |
| By the way, the other day we were talking about TikTok. | |
| Do you think for one minute? | |
| Mark Zuckerberg, if you can't read that, I don't want to get into that. | |
| The point is, I'm not trying to be... | |
| I'm happy. | |
| Personally, I hope the country's on its way. | |
| But, bottom line is simply this. | |
| Somebody's watching right now and says, alright, I want to get involved in this. | |
| What do I do? | |
| First of all, I'm going to go and I'm going to get this book and we're going to have a link to Amazon. | |
| The book is absolutely fascinating because I never realized how important silver was. | |
| I swear, I don't know why. | |
| Silver and gold, silver was like the stepchild. | |
| Yeah, you never thought about it. | |
| Yeah, that's the whole thing. | |
| Uh, it's an industrial metal. | |
| That's a necessity. | |
| Um, yeah. | |
| How do they get involved? | |
| So basically, I mean, in essence, what you're doing is, and I, and I like the visual of it is just, is like, you're turning this right into this. | |
| And I, and I remember when I, you know, when I started the business in 2007, you know, this idea gold was sitting around $800 an ounce, right? | |
| This was, so that's what this, this is pretty close. | |
| It's like 800 bucks. | |
| This is $800. | |
| This was eight, this was $800. | |
| Right. | |
| And Fast forward to now, you know, these dollars are worth a lot less. | |
| I mean, imagine, just remember what you could buy in 2008, how much you could buy. | |
| This is worth, you know, it's almost going to hit its all-time high, $2,700 an ounce. | |
| So you're just transferring one medium of exchange into another one, right? | |
| And that's really what you're doing. | |
| This is the oldest money of the world. | |
| It's been around for 5,000 years. | |
| And so we help you do that. | |
| We help you, whatever it's in the stock market, in a 401k, an IRA, or you have cash. | |
| We help you move from fiat or equities into a tangible investment. | |
| And that's all we do. | |
| We don't do anything else. | |
| This is our focus. | |
| So if you want us to store metal or we ship it to you, whatever you want us to do, we can do it. | |
| If you want us to do an IRA, we'll do that. | |
| But we're your partner in this very specific thing that we do. | |
| Since I've been at this company, we started Noble Gold almost nine years. | |
| We've sold over $2 billion in gold and silver. | |
| We've shipped well over a billion dollars in gold and silver. | |
| We obviously store metal for people too. | |
| It's funny. | |
| I had a guy recently ask me, tell me about the shipping. | |
| Do they get lost? | |
| Do they get this? | |
| During COVID, we had some situations because The UPS and FedEx guys didn't want to go all the way to the door because they were worried about catching COVID. | |
| Right. | |
| And it's terrible. | |
| They would, like, kind of put it on the doorstep and then run, right, kind of away. | |
| Since then, knock on wood, I mean, we have a very unique process of how we ship and how we keep in touch with you. | |
| And really, it's almost too much. | |
| We keep calling and reminding you and texting you. | |
| But we haven't had anything happen in many years. | |
| And it's because we take this so serious. | |
| You send us money. | |
| We're going to get it to you. | |
| We're going to get you the right medal. | |
| And then when you want to get out of it, we had a client this year, or excuse me, last year, that wanted to transition from one medal to the other. | |
| And he had made almost a million dollars profit with us. | |
| And he started buying right at the beginning of COVID. | |
| So he made a million dollars and he wanted to switch out. | |
| So we handled that metal-to-metal exchange for him, handled it very smoothly and easily. | |
| So whether you're coming in or going out, we help you. | |
| And I think in today's world... | |
| That is really important. | |
| You want a two-way street with a reputable company in the industry. | |
| So when you make a big profit, you want to be able to take that profit too, right? | |
| And so we were able to help that client able to do that. | |
| And that's who we are. | |
| We're on the phone, old school like you. | |
| You take a phone call. | |
| You talk to people. | |
| We don't have an app. | |
| You're talking to a live person, and we make sure that you're up. | |
| Let me tell you something. | |
| Your response, your ratings are through the roof. | |
| You know, this is brutal. | |
| People are jerks today. | |
| I mean, you can be 90% great, and somebody's like, son of a bitch! | |
| So when your numbers are high, that means you're godlike. | |
| And the next thing, imagine somebody trying to be a porch pirate. | |
| With gold. | |
| And he grabs his box and he's wondering, what the hell is this? | |
| Yeah, because we make everyone sign for the package, Lionel. | |
| But what was happening in COVID is that they didn't want to wait for this. | |
| And they were doing things outside of our agreement with them. | |
| So I just want to be clear. | |
| You do have to sign for the package. | |
| You do have to show your ID. | |
| It was, you know, obviously a wild time in the world. | |
| Well, that turned out to be a flop. | |
| In any event, I don't want to get into that. | |
| But let me also tell you something. | |
| There is something about holding gold or silver. | |
| Holding it. | |
| Remember the picture recently? | |
| We had New Jersey Senator Bob Menendez. | |
|
Gold Bars Betrayal
00:01:57
|
|
| And they showed gold bars. | |
| And people looked at it like, what's that? | |
| It's like, he's not a... | |
| Pirate ship. | |
| They have these. | |
| Colin, you can't believe the people said, really? | |
| He said, yes! | |
| The kilo bar was the bar that he received, actually. | |
| This is a kilo. | |
| And I did a whole story about this on my YouTube channel that I was talking about how when he got it for his bribe, it was worth like $65,000. | |
| And by the time he got indicted, it was worth $80,000. | |
| And I showed the analogy that... | |
| Half-joking that if you're going to take a bribe, take it in gold because it goes up more than the dollar. | |
| But yeah, this was exactly what he bought, was a kilo of... | |
| What is that worth right there, right now? | |
| Right now, what's that worth? | |
| This is worth about close to $80,000, yeah. | |
| I don't know why that... | |
| It's heavy. | |
| Yeah. | |
| It's heavy. | |
| It better be heavy or else it ain't gold. | |
| And then he bought Colin Plume. | |
| Always a pleasure. | |
| It has always been so great to work with you. | |
| Everybody loves you. | |
| Let me just go through this again. | |
| The book is called Silver is the New Oil. | |
| And we're going to have this available, a link. | |
| I recommend this heartily because not only that, you learn so much about something that you never thought about. | |
| Just metals and metalism and the like. | |
| So that's that. | |
| Also... | |
| LionelNationGold.com. | |
| That's the link. | |
| If you call 877-646-5347, make sure you saw us. | |
| Make sure you mention Lionel Nation because that means a lot so that they know where this is coming from. | |
| And always, my friend, I wish you nothing but the best. | |
| Let's talk again. | |
| Right off the bat, 2025 is going to be a great, great year for so many people. | |
| And it is always a pleasure, my dear friend, Colin Bloom from Noble Gold Investments. | |
| Have a great day, sir, and thank you. | |