Feb. 29, 2024 - The Lindell Report - Mike Lindell
16:38
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| Hello, everybody. | |
| I'm here today with the CEO and co-founder of Genesis Gold Group. | |
| And as you all know, for me to get behind anything, I gotta do my due diligence. | |
| And I gave Jonathan, I drilled him on everything, okay? | |
| So we got a great, it's a great company. | |
| And it's, I used to, myself, I think when we talked, Jonathan, a while ago, The other day I said, I used to, you know, I invested in gold and so I knew a little bit about, so when I'm getting, I'm hitting you with questions and I'm, I'm sure you've heard them all before, but you guys, I asked him and I'll ask him the same questions somewhat. | |
| That I asked him when I did my due diligence, so you all can hear it. | |
| So, Jonathan, how long have you been in business? | |
| Why don't you just give a snapshot of who you are and how long you've been in business with Genesis? | |
| Absolutely. | |
| Well, first off, you'll hear my funny accent, and you can tell I'm not from Kansas. | |
| I'm originally from London, England, and I used to work on the London Metal Exchange. | |
| And if that's still a question mark to people, it's the equivalent to the New York Stock Exchange. | |
| People used to wear these funny colored jackets, screaming, raising their hands, buying and selling all day. | |
| And that was kind of my first venture into finance. | |
| At the ripe old age of 18, I was what was called a runner for the floor. | |
| And I worked for Merrill Lynch, Morgan Stanley, and that was kind of my kind of birth, so to speak, in understanding how this whole world of finance worked. | |
| But I worked in the base markets, the base metals. | |
| So that was aluminum, copper, zinc, tin and lead. | |
| And then there was the precious metals market. | |
| And I was always kind of fascinated with precious metals because as a young child, my grandfather, he used to have gold, British sovereign coins, and he used to sit me on his knee, put these coins in my hands, and I still have them to this day. | |
| And then when I was trading in London, you know, one of the most famous bass metals traders, Barry Gersh, I will never forget him, he took me under his wing. | |
| And I always quiz him about gold and he always used to say to me, if you ever do invest in gold, only invest in the physical tangible asset. | |
| It's like stay away from the futures contracts. | |
| It's like physical tangible. | |
| And that really resonated with me. | |
| So as my career progressed, I consulted for big banks like AIG, HSBC. | |
| I was touring over in Asia for these banks, really advising their financial advisors how to sell gold initially because In the Asian countries in the early 2000s when they would invest in gold they would invest in necklaces and jewelry and that would actually not be the correct way to do it because it's not pure gold there's an intrinsic value with the design so they're paying a premium for it so I was kind of helping educating financial advisors you know how to invest in gold and then I've been in the metals market for many years you know Genesis Gold Group was really founded | |
| on on beliefs and principles that really rely with our with our beliefs that you've got to be a good steward of your money. | |
| There's obviously many choices like you mentioned of different gold companies out there different offers and there's a there's a right way to do things and there's a wrong way to do things and the biggest difference I think with Genesis Gold Group Is that we believe an informed investor is a better investor. | |
| And at the end of the day, you know, you've seen these commercials, I've seen these commercials and people being kind of, I feel like thrown into these investments thrown into gold. | |
| Really, when you look at gold in a retirement account, it's a big decision. | |
| It's one of the biggest decisions you're going to make in your life. | |
| And whether it's finding your life partner, that's an important decision. | |
| Buying a house, that's a big decision and also stressful. | |
| And your retirement dollars and what to do with them, that's a big decision. | |
| So when you're working with a firm, you want to make sure that you're working with a firm that you can trust, that's very knowledgeable. | |
| Go ahead. | |
| No, I was going to say, you know, it's very important that when you work with people that you work with people that have decades of experience in not just precious metals, but financing finances of moving money. | |
| And that's really what we do is we help people protect their assets with physical metals. | |
| And I can vouch for that. | |
| Like you say, when Genesis Gold Group was coming over here to Lindell TV and Frank's speech, a team of people did all kinds of due diligence on you and vetted you. | |
| And I'm going, no. | |
| I said, I got to do my own. | |
| And I said, because I did a little bit different. | |
| And I want to tell everyone, I've bought physical gold before. | |
| I remember the first time I did it, it was sent by, Like a truck like UPS or something. | |
| I'm going, what? | |
| And here's this million dollars in this gold. | |
| And I'm going, well, this is just incredible. | |
| Well, I put it away for a rainy day for safekeeping. | |
| And I think I've done that three times. | |
| And I always get this rainy day where I have to go get that gold in it. | |
| I was surprised how easy it was to buy. | |
| There wasn't, and it was to sell if I needed it, I could do it right away. | |
| But you brought a whole nother aspect when I was asking you the different things | |
| is in people's retirement. | |
| That was really interesting to me because right now, and I know the footprint we're in right now with the | |
| economy. | |
| Everybody's worried you have the stock market up there, but everybody knows that's just a false balloon. | |
| I mean, that's sitting up there. | |
| I know there's IPO. | |
| There's never been an IPO done in like three years or whatever, because everyone's afraid. | |
| They're tightening up their money. | |
| And so, one of the things that was really interesting was your, with the, and by the way, everybody, I asked on, when you talk about comparing apples to apples as far as commissions and stuff, yours was amazing. | |
| It was like, here's the bid and the ask, just like a stock. | |
| And I was I was really impressed by that, and you're not gouging anyone. | |
| Plus, you're doing the hands-on education. | |
| Most people would do, you know, you're either going to charge a lot, because we're doing this service, too, educating you and teaching you. | |
| And every one of my moral things to look at, I'm going, Check that box, check that box, check that box, check that box, because you're, you know, everybody, you know, the Genesis Gold Group now is a representative of a reach out for me. | |
| I'm giving you guys all my credibility, but one of the things was is right now everybody And maybe you can explain with your IRAs and your 401ks and stuff, how that works, where you can convert something that might be very risky into something solid like gold. | |
| And then also, everybody, one of the things I ask is, is this physical gold? | |
| So, number one, it is physical gold, but tell them about the IRA thing, how that works and how easy it is. | |
| So physical gold, you know, I just wanted to kind of hold this up because this is what we believe in, physical gold. | |
| This is a kilo of gold right here. | |
| So people either invest in gold kilo bars or they're investing like a gold American Eagle. | |
| So these are two products For example, that you can put in a self-directed IRA. | |
| So, as you mentioned, you may have a self-directed IRA, a retirement plan 401k, it's currently invested in maybe some of these riskier assets that people are concerned about. | |
| They're getting ready to retire or they're retiring and they want to know how they can safeguard that IRA or 401k. | |
| Well, with Genesis Gold Group you can roll that over, tax deferred, so there's zero penalties, and you roll it over and you store physical metals and a licensed depository backed by the major exchanges. | |
| So you carry on getting your statements like you do currently, nothing changes. | |
| The only difference is that you now have physical gold or silver backing up your retirement dollars. | |
| And anytime you want to liquidate it, you can liquidate it because it's yours, | |
| you own entitlement to it. | |
| So like as you said, IRAs and 401ks, we've been helping people with those for many years and obviously some people say, well what if I don't have an IRA or 401k but I just want to hold this type of metal? | |
| Well then they also call us and we explain to them how we can physically get it into their hands. | |
| But I would say, you know, 15 years ago, you know, people were more concerned about getting metals into their hands. | |
| And I'd say today, now, people are more concerned about getting gold and other assets like silver, platinum and palladium into the IRA because, you know, as you know, we don't have a crystal ball, but we have a pretty good roadmap and we know what's happening in the economy right now. | |
| And it's better to be proactive rather than reactive, and that comes back to informed investor is a better investor, and knowing what your options are, and that's really what we do. | |
| We kind of, you know, show you what your options are, you know, how you can safeguard your retirement with gold and silver, how you can do this with an IRA or 401k, or physically just hold on to it. | |
| Okay. | |
| How much do you guys charge if a person talks to you for half a day and then they say, ah, I changed my mind? | |
| There you go, everybody! | |
| There you go! | |
| I want everybody to reach out, and it doesn't cost anything to learn, everybody. | |
| You need to all learn about this. | |
| I'm excited for people to have this opportunity because I think a lot of people out there, | |
| they're worried about their IRAs, they're worried about whatever they have | |
| and to be able to turn it into, I've done it like three times. | |
| I don't have any money myself to turn into to do it right now. | |
| Everybody knows my position, what's happened over the last three years. | |
| But if I had gold right now, I'd be using it for right now, my rainy day, | |
| but everyone else or for just security. | |
| And one of the things I asked you too, as I said, one of the things everybody, this was another concern I thought said, well, well, what if, You know, what if economy and everything gets good and there's a big run on gold? | |
| Well, there never really has been, because most people, that's always your security blanket of having that physical gold, whether it fluctuates. | |
| I mean, gold fluctuates, but it seems to me, as long as I've, at least in the last 10, 15 years, as long as, back when I first bought my first gold, it's always like this. | |
| It seems like, you might have this, but it's always like, it always seems like it's a bull market. | |
| More than any time, I might think to be my reason to be buying or whatever or to do that with your IRA is just that we're in because things are bad in the economy, but you know, there's a lot of things out there that can go away real fast, but one of them is that physical gold, and that's a beautiful thing. | |
| Yeah, it really is a store of value and that's the appeal. | |
| You know, when we came off of the gold standard in 1971 under Nixon, you know, free trade was created and then we started printing money, as you know, and printing more money and more money and now we're 34 trillion dollars in debt and, you know, basic economics people know that, you know, all this debt at some point in time we have to pay the price for that. | |
| You can only kick the can So far down the road before you kick it and you stub your toe, right? | |
| So, you know, when people looking at the debt, when they're looking at brick nations, you know, other countries banning together and leaving the US dollar out, creating their own currencies, backing it up by physical gold, When you're looking at central bank digital currencies, you know, trying to get rid of fiat currency and replace it with zeros and one, which by the way, a digital dollar isn't a dollar, it's just a software, you know, so people have all these concerns. | |
| And when you look at the history of gold, and you look at any type of investments, housing, equities, bonds, you really want to focus, what I focus on is a track record. | |
| And obviously gold has been around since the dawn of civilization, but if we just went back five years for gold, five years gold, like you said, it seems to like go down some days, the edges up. | |
| Five years gold, yeah, is up over 50%. | |
| You know, five years for silvers up nearly 45%. | |
| So, you know, do we know what's going to happen tomorrow? | |
| No, but we've got, like I said, a pretty good roadmap. | |
| So I have one last question on that. | |
| So is it just gold that they can do it or can it be platinum? | |
| Can it be silver? | |
| Is there other things or is it just focused on gold? | |
| No, I'd say the one-two punch right now is definitely gold and silver. | |
| We always say that silver will buy you the bread and gold will buy you the bakery. | |
| Right. | |
| Obviously, there are other metals such as platinum and palladium, but now we're kind of across. | |
| Yeah, I love that. | |
| So then you're kind of looking at also an industrial aspect to it, versus gold, which really is a true currency, you know, gold was a currency, and it still is. | |
| So whether people are looking at having something portable and tradable, you know, that's that's the appeal. | |
| Now if somebody buys directly and they actually want it right to their front door so they can feel it, do they have an option of buying those big bars or can they buy it? | |
| I know I was buying these little tiny coins. | |
| Is that up to them? | |
| Are you talking to them about that? | |
| All those different things too? | |
| So we have metal consultants here and if they're doing an IRA, once they're kind of ready to purchase, we'll have a metals consultation call and that involves really finding out what their goals and needs are. | |
| Are they more interested in gold? | |
| Is it silver? | |
| Is it bars? | |
| Is it coins? | |
| Is it fractional? | |
| And the same with physical delivery, you know, are they looking for something spendable? | |
| You know, we make sure they have a safe place to keep it, right? | |
| So we kind of like keep a step ahead to make sure That we've helped think this out, so when they make this purchase, they're safe, they're secure, whether it's for physical home delivery or through an IRA. | |
| Right. | |
| Well, I'll tell you, this is, for me, I'm very excited, everybody, because the Genesis Gold Group is now a big sponsor of Frank's Speech of Lindell TV. | |
| And I wouldn't have any other sponsors that wasn't going to help you, all of our watchers and listeners out there. | |
| Just like my products at MyPill and everything, not only having somebody sponsor or to support our voices getting out there, but then having to help you. | |
| It not only helps you, but it's helping everybody. | |
| So it's a win-win-win-win, everybody. | |
| And How do they get a hold of, what do they do now, Jonathan? | |
| How can they get reach out? | |
| What can they do right now if they're watching this interview? | |
| What can they do to get a hold of your people and to get on board with this? | |
| Absolutely. | |
| Well, first and foremost, we have what we call Definitive Gold Guide that we've put together for your listeners. | |
| And they could go to LyndaleGoldRush.com. | |
| And I believe that's going to come up on the screen below. | |
| And then also they can call us at 800-200-GOLD, that's 800-200-4653. | |
| So whether they call into our office or they go to LyndellGoldRush.com, they can fill out some information there, they'll get a free guide, no obligation, and then they can start their journey on understanding the benefits of precious metals, looking at different types of products from the U.S. | |
| mints, and really getting a better understanding and grasp of how precious metals are a great way to diversify your portfolio. | |
| And you guys, from what I hear, you guys are educating. | |
| You're not hard-selling. | |
| Bye, bye, bye. | |
| So I just want everybody to know, believe me, they're representing me now, and they're going to do a great job for all of you. | |
| And Jonathan, I welcome Genesis Gold Group. | |
| You guys, I believe you're one of our first sponsors, other than my pillow, because... Yeah. | |
| We welcome you. | |
| I know our network's getting so big now with millions of watchers, listeners, so this will help them and it's a win-win-win and we look forward to a long relationship. | |
| As soon as I get money, I'm gonna buy some too! | |
| Well, we appreciate that. | |
| We're very appreciative of everything you're doing for this great nation. | |
| And, you know, we need more people like you. | |
| So we're very honored to be able to support your cause and stand behind you and stand behind Frank's speech. | |
| So it goes both ways. | |
| So thank you. | |
| Well, thank you and God bless. | |
| And we'll look forward to having you on again soon. |
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