Are Metals Ready to Break Free? Fed Hikes Fail as Nations Take Back Their Gold

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Summary

➡ This podcast features Micah Haynes from Noble Gold discussing the latest in precious metals and finance. Micah highlights the growing trend of states like Missouri and Texas recognizing gold and silver as actual money, which he sees as a positive move towards a sound money system. He also emphasizes the importance of investing in gold and silver as a form of financial insurance before a crisis hits, as these tangible assets can’t be erased or devalued like fiat currency. The podcast ends with a reminder to listeners to think counterintuitively and prioritize their own financial interests over those of the world and the Federal Reserve.
➡ Countries like the Netherlands, France, Germany, Italy, and Venezuela are moving their gold back home from US vaults due to concerns about US tariffs and geopolitical issues. This trend has been happening for over a decade and has sped up since the 2022 Russia-Ukraine invasion. The shift towards gold as a risk-free reserve asset is not just about owning gold, but also about having it physically accessible in case of emergencies. Despite short-term fluctuations in gold and silver prices, the long-term outlook remains positive, with the expectation that their value will significantly increase.
➡ The current economic situation, with high inflation, energy shocks, and a weak economy, is similar to the 1970s, but with much more national debt. This could lead to a financial crisis, potentially worse than previous ones, and result in a global debt crisis and hyperinflation. However, this could also lead to a significant increase in the value of gold and silver. Therefore, it’s important to prepare for such an event, not just by investing in precious metals, but also by ensuring basic needs like food, water, and energy are covered.
➡ Noble Gold, a gold IRA company, is different from others that have gone bankrupt by being transparent and educating clients about their purchases. They ensure clients understand the pricing, storage, and delivery of their gold. They also provide proof of purchase and encourage clients to personally audit their metals. The company has a high rate of repeat and referral clients, indicating their trustworthiness. They are currently offering a free 10-ounce bar of pure silver for qualified accounts.
➡ Mike from Noble Gold is ready to help with your financial queries and provide guidance. You can reach him through email or call for a free consultation. October is expected to be a significant month for financial markets and politics, so it’s a good time to get advice. Remember to mention you heard about Noble Gold from our podcast when you contact them.

Transcript

Hi everyone and welcome to the bi monthly podcast with our chief financial sponsor Noble Gold. And we’re honored to have back once again the one and only Mr. Micah Haynes, senior sales manager for Noble Gold. We’re going to be covering all the latest and precious metals and financial overrub so please do take notes accordingly. As always, if you’re new to the podcast, please do like subscribe and share. Helps the channel grow and others to gain in the knowledge are currently being afforded. As you will recall, Micah has been with noble for over 10 years working on his own stable of clientele and also working with some of you folks through our our podcast here that you’ve graciously called and Mike has fielded that along with Hope and the rest of the very capable team.

Noble Gold have helped you out. Money Metals has as you know, deemed Noble Gold one of the top two companies with which to work and why we are so honored to have them sponsoring us on the podcast and I’m grateful to have him back once again. Mr. Micah Haynes, how are you? Good sir. Hey John. Yeah, doing really well, thank you so much. You’ll excuse I’m not in my normal office. I mentioned it’s a little disrupted this week here we’re getting a generator installed. One of the last few things on my long list of prepper to do’s to brace for the arm, brace for end of the world Armageddon is to have a couple of weeks of power from the generator if things go that way.

So anyway, you’ll excuse the background today. I think the audience can overlook it and we’re fine with it. And I’m probably following your lead summarily in the near future as well there. Micah, first question for you. Amazing legislation recently out of Missouri last week is with gold is now considered money. Same with Texas as of May 1, gold and silver are tradable for physical precious metals from bank from direct deposits, etc. Looks like Missouri’s taking the the cue there as well. It gives them a loyal title to your gold property. Out of state investors are protected as if they were citizens holding precious metals within the state of Missouri.

Missouri’s also will protect your odial rights to the gold against confiscation by the Feds like they tried in 1930. Do you envision other states like Texas and Missouri will follow suit? Yeah, I think the bigger picture here is absolutely positive and very encouraging. I think it’s that you know, Missouri now joins a flock of states. I think they’re 14, 15 states in total that are simply re Recognizing gold and silver as more than just an investment. It is actual money. It’s in the constitution as money. It is the only recognized format of money in the actual constitution.

And of course its importance from a monetary perspective is not lost on these states. So I think that that’s hugely encouraging. Now the alloidial title, you know, awesome, that’s what you want with this stuff. But I would just caution, you know, I don’t think there will be any forms of federal confiscation again the mechanics on how that happened in 1934, 1933 we’ve covered at length on several episodes. But essentially it’s not possible to take gold away from private ownership anyway. It has to be inside of a federally regulated institution like the banks. And that’s how confiscation worked in the 30s is they just flicked the switch, made it illegal.

All the federally regulated banks coughed up their clients holdings in gold and in silver, which were very very, very high compared to today’s percentage of overall ownership of gold and silver. So I would just say I caution that know laws in Missouri could prevent you from a federal intervention, but I do think a federal intervention is impossible and extremely improbable. So just back to my first point. I love seeing any legislation that’s moving us in the direction of recognizing gold and silver as the true forms of money and getting back to a sound money system which eventually I think we are of course and I’ve mentioned how I think we get there.

But yeah, this is awesome news and I can’t wait to see more developments in the coming years. I think it’ll be a trend that catches on with other like minded and Republican kind of writer leaning libertarian states. Yeah, I agree. I think it’s going to show you a wheat from the tariff separation as we said before in previous podcasts to your point, between the red and the blue states, it will be a continue or continuity of that going back to God’s money. Gold and silver is sound constitutional money and thereby decoupling from the Fed which we believe is basically being baked into the treasury anyway from from a optical standpoint.

Next point Mike, is the point of gold and silver is insurance. Once the dollar fiat system fails, whether that’s this year or next year or next couple of months, the price is going up or down in the short term should not be the main concern. It seems to me converting worthless paper into a hard asset like gold and silver, getting that currency out of the system should be paramount for most people because eventually you will be well rewarded. Do you agree? Yeah, I couldn’t agree more. I’ve espoused that exact message for like you mentioned over a decade to my clients.

And as an investor, I view the world through that lens as well. I don’t want to measure my wealth in not just a unit of measurement that’s constantly being eroded and weakened. Right. That is, if you think, oh, I’m worth a million dollars, I’m worth half a million dollars. If you’re measuring your wealth in a constantly debased fiat currency that will eventually be replaced and, or go to zero, then there’s no point. I’d rather calculate my net worth in ounces and in acres. That’s the view that I take. Things that are tangible cannot be erased. God’s not making any more of those things now.

Gold and silver are first and foremost financial insurance on a crisis. You know that. My view, my opinion here is we need to be buying before the crisis. It’s often too late either in terms of the price, you know, not. It’s not that it wouldn’t be a bargain at higher prices or that you couldn’t make money at higher prices. It’s just that the big undervalued entry points are still around here. And that’s why I’m encouraging people to invest pre crisis. But it’s not just the price, the pre crisis price, it’s also pre crisis inventories. So if you’re waiting for some kind of event to create the fear and the necessity and you know, to trigger that move and that capital rotation into the metals, you know, you could be too late in order to get some or you’re not going to benefit from the massive shoot up in price that we’ll see.

So yeah, look at it as insurance, not a place to get rich. But of course, I think in these kind of once in lifetime, once in a generation financial system resets, which of course that’s where we’re going. And not just here in the US but the whole world is headed in that direction. This is the biggest wealth transfer that we’ll see. You only really get one shot at this, you know, right now in the years ahead, that’s kind of the next big opportunity. But the last time that we had something like this was when we came off of the gold Standard and the 71, 74, when gold shot up 25 times in six years from 74 to 1980.

Silver shot up 37 times in six years from 1974 to 1980. And a very similar macroeconomic backdrop is developing right now with energy shocks and a recession and a weaker economy and stronger inflation and all these things. The thematics are actually playing out very similarly. The moves in gold and silver I think will play out very similarly. And you don’t want to squander the opportunity to again set yourself up and your family up to make these life changing gains and to protect yourself with the best assets that you can for again, the type of environment that we’re already in and moving quickly toward.

Yeah, absolutely. Thank you for that, Micah. And I sort of liken it to an analogy of ihop. They always say anytime’s a good time for breakfast. Well, similar anytime’s a good time for metals, especially right now. While you have this sort of holding pattern that we’re in. Even though silver’s a little bit up today, it’s been in sort of this holding limbo. But we know it’s going to break out sooner than later with everything that’s coming up prior to the midterms, et cetera, et cetera, with all that. But it’s, I think it’s important you would agree we need to be counterintuitive to what the world says because the world and the Fed do not have your best interest at heart.

And if you can go contrapuntal to that, you put yourself and your family, your legacy, in a winning position. Now, you rightly mentioned a good segue point to my next question. We’ve talked a lot about the Americas to this point. Let’s take it to the global perspective. The Netherlands, France, Germany, Italy and Venezuela are among the countries that have recently repatriated or relocated gold from US vaults. This trend seems to be having a negative connotation as a result of US tariffs threats and geopolitical turmoil. What are your thoughts on this? Yeah, I think some of those repatriations happened longer ago.

Venezuela was obviously the most recent one, but that has been a trend for the last 10 plus years. It’s accelerated, especially since the 2022 Russia, Ukraine invasion where we froze and stole 300 billion in treasuries from Russia. The idea of not wanting to hold US Treasuries or US dollars, not just because of the national debt situation here and how bad it’s gotten, how much worse it’s going to get, but also just the the strength of the dollar on a relative basis, not being able to do what it should in preserving the value or preserving your wealth.

We see again the trend moving to a neutral monetary reserve asset. And gold is the ultimate risk free. No counterparty risk, no institutional risk, no banking risk. No currency risk, no default risk. Gold is the ultimate risk free neutral reserve asset. And the trend obviously is to drop dollars for gold and to get it back home. I think that that’s the sort of the question at hand is the trend is not just are they moving into gold? Yes, they absolutely are at record levels, but they’re also wanting to have it on home turf. Right. And that’s where it should be.

And as individuals, we also want to have some metal kind of at your fingertips as well. You know, having it vaulted in an ira, absolutely fine. Having a larger part of your physical metals portfolio like I do, vaulted in a couple of different locations, absolutely necessary, especially when you’re talking about larger sums. But having some physical metal with you at your fingertips in the case of an emergency, whether it is, whether it is a power outage or natural disaster or hyperinflation or any of these things, having the metal at home with you, whether you’re a country or an individual, it serves, you know, again, to be able to perform its function and to serve its purpose.

It has to be where you can get to it. And I think again, that trend will only continue nationally, internationally and so on for many years to come. Still. Agreed. And then, you know, extenuating it further. Micah, you look at a country like Iraq, which we know is going on over there, getting ready to happen, they just recently we could go add another ton to their reserves. The central bank of Iraq. So you see it happening through all these what I call micro shocks throughout the world in different iterations. Gold and silver prices have gone down over the past week.

Do you feel this has any bearing on the Dixie dollar index maintaining strength artificially and the 10 year treasury breaking 5%? Yeah, you know, I just see you can look at it from a couple different ways, but the simplest is usually the, the simplest way of explaining and looking at something is usually the easiest and actually the best and probably the most accurate. We went from 56 to 72 in silver in what, five weeks from end of July to end of August, we’re the third week of September. We did have to let off and retest mid-60s just as a natural again, you know, you move 14 bucks, you let off a little bit, go sideways in the mid-60s.

I think we’re ready now to probably shoot up back into the mid-70s and maybe makes a new intermediate high into the 80s again for the first time in several months. A lot of what was going on, you’re right though, had to do with dollar strength, interest rates, treasury yields, the Fed Meeting from earlier this week and what’s going on with interest rates now? We do know that they raised 25 basis points. That immediately was seen as something that would be negative on the price of gold and silver. Gold and silver did sell off on the day of the announcement, but Yesterday they rallied 2% and we’re up again a little bit today.

So, you know, short term, short term moves like this. Yeah, I look at them as completely negligible micro moves. I’m not thinking about the golden silver price week to week, frankly, not even really month to month. Quarter, quarter to quarter and year to year is the way to look at it. My big target and what I get clients to focus on is where our gold and silver going to be for end of decade. And 2030 is obviously not all that far away now, but three, four years, maybe three, four, five years, could be a little longer than that.

So I just think bond yields moving up is a bad sign for bonds, not for metals. It’s a bad sign for inflation, not for metals. It’s a bad sign for the government debt and the debt crisis and the currency, it’s not actually bad for the metals. It’s interpreted as being maybe something that’ll boost the dollar shorter term, higher yields, higher dollar normal, more demand by having a higher yield. But we know that there’s actually almost no demands for bonds, which is why the government’s been having to buy back its own bonds to the tune of $12.5 billion.

At the last treasury auction, it was only $2 billion at the end of July. So it’s six folded in six weeks. Which goes to show that there’s just not any traditional demand for our bonds. No one looks at our $40 trillion in national debt and says that looks great. I want to own that government’s debt. It’s never going to be paid back. And we do know that obviously you’ve got a massive bubble in tech and in tech stocks. You’ve got this bubble and these problems brewing in the bond market and in the government debt market. And then you’ve got all these problems brewing in the housing market as well.

So if those are the three big conventional asset classes where most people have most of their wealth, I just see risk across the board. Again, I think that there will be a kind of a come to Jesus moment where everyone realizes that they need some gold and silver and the amount of capital that I expect to inflow into the precious metal space will be many, many, many multiples higher than what we’ve got sitting in it. Right now. So yeah, all these micro moves, Fed this, fed that. The narrative of the day, absolutely no material impact on the inevitable revaluation of gold and silver at much higher prices.

And I do see the mid-60s for silver, what we’re at 67, 66 today, 4300 or so for gold. I see these as fantastic opportunities to accumulate more. If you have some at lower prices. This may be one of the last big places to add. Now of course I think there’s going to be lots of opportunity to add at higher prices because you’ve had one of my favorites on recently, Michael Oliver, who tells you thousand plus dollars silver in the on the appropriate time frame wouldn’t shock him and it wouldn’t shock me either. I’m just not promising that stuff tomorrow.

So whether it’s, you know, 60 or 100, silver down here is an absolute steal. And yeah, long term, no changes to my forecasts or my targets or anything like that. Just these day to day, week to week stuff, you just try to ignore it. Thank you Mike. And agreed. And also Japan would agree with you by virtue of them dumping our treasury bond yields over the side of the of the boat like the Boston Tea Party. And you see Fed chair Warsh is just kind of basically moving debt around by buying and selling the treasury bonds, really moving into the long 50, 100 year treasury bonds which are by the way going to be with Judy Shelton at the helm backed by gold, which is a key denoter for this process.

And yeah, I think this is a lot like musical chairs. Just what side do you want to be on? Do you want to be when the music stops not holding a seat or do you want to be having your seat get bigger and bigger and have a position to be comfortable sooner than later. But Fed chair worse I think clearly somehow President Trump is going to find a way to get him to work with him in terms of restructuring the Fed into the treasury under a constitutionally based asset backed system. Obviously precious metals being the key.

Gold futures started trading on December 31st of 74. Speaking of that discussion, when Nixon took us off the gold standard and gold options and futures started October 4, 1945, 1982. This was the first control system put in place after taking the dollar off the gold standard. Then we had the creation of ETFs as you know, in 2004 that allowed further leverage bets on undeliverable paper gold. I believe these will also fail eventually. Do you think gold will follow the pattern of the late 70s or will this current setup play out differently. Yeah, you’re right. And I did touch on this just a couple questions ago, but I’ll get into it a little more.

Now today does resemble that 70s period, not just for gold and silver, but just kind of from a macro perspective because of higher inflation, energy shocks, weakness in the economy. And the thing I’d say is, yeah, that is the biggest precious metals bull run of all time, right? 25x in gold in 6 years from 34 to $800. Silver though 37 times in 6 years from $1.50 to $50. Now the case this time is that we actually have an unimaginable amount of national debt on top of these big macro risks. So higher inflation, higher interest rates as a result of that, higher oil prices, energy prices, higher cost of goods, a vastly constrained economy that is going to drown with the aforementioned cost of inflation, cost of higher rates, and cost of higher debt servicing on a nation that’s actually drowning in debt, not just at the consumer level, but at the corporate level and at the national level.

So I would actually argue that the setup we have now is much, much more bullish for gold and silver than the 1970s. But I would say it’s much, much more bearish and very scary for the global financial system. And that’s where I do think ultimately, without trying to sound like I’m fear mongering here, believe that there will be a financial crisis, kind of a 1929 stock market crash and ensuing depression, a 2000 AI sorry, at the time it was dot com, but a 2000 type tech stock bubble burst of 85 to 90% and then a institutional global financial crisis like 2008 where banks are actually at risk of actually institutionally failing.

And when you combine all of those things, it’s a very scary setup. But again, to make matters worse, you’ve then also got a government that will print, print, print in order to bail out and kind of relief, relieve the economy and individuals from all those three, all those three risks, all the three bubbles bursting. The amount of money printing that we’ll probably see in the next crash will be far more than what was printed and created during the COVID lockdowns. And the again result is a government debt crisis globally, a currency crisis, a fiat currency crisis globally.

And what I think will culminate with hyperinflation, with a ridiculous economic recession or depression. And so when you have inflation and a recession, it’s called stagflation. Essentially what I’m calling for is hyper stagflation that’ll culminate and climax with a international government debt jubilee, which means that everyone will just be so indebted and the situations will be so bad, the reset that’ll come is everyone will essentially end up having to agree to wipe each other’s debt out and clean the slate and start back at zero. And starting back at zero will mean that gold, obviously, which has been accumulated like crazy because the writing for this crisis is on the wall and has been for long time.

The new financial system will be based on gold reserves and the amount of power and influence in seats or voting shares that you have in the new global system or the. I hate using this word, but the new global order will be based on the amount of physical gold ownership in each nation or how many natural resources you have and how much you’re willing to make available to the other nations. And so as individuals, look at that situation. And if you’re a precious metals investor, you can look at the 25 times in gold, the 37 times in silver, and say, wow, this could be a great run.

But actually, I think that those are, that’s the thing to look forward to, the thing to be afraid of is what happens when all these institutions and all these markets and all the things that we think are, you know, safe from this kind of, kind of financial Armageddon. When that all plays out, I think it’ll be actually very concerning and very scary. And so, you know, it’s kind of bittersweet. We have a lot of financial difficulties to look forward to and we also have a lot of, you know, great returns and this big wealth transfer to look forward to if you’re adequately prepared.

And so, yeah, there are too many similarities with the 70s. In fact, again, it’s exciting, but it’s scary and I think it’s actually worse this time. So again, what I encourage people to do is to, you know, make steps to be prepared, not just in gold and silver, but like, you know, with, with my generator install and all the food and all the stuff that I’ve done to prepare for some type of event. I think people need to have all those basics covered as well. Food, water, energy, backup, power, guns, ammo, gold and silver. Agreed. Well, again, I think the, the overarching factor here or the overriding factor here, Mike, is that if you’re prepared, you’re not scared.

If you’ve done your homework, you’ve done your diligence and you’ve been proactive. That’s really what I hear you saying is, is the key. And so it’s a great opportunity for us and to be a part, as you said, with shelter, community we talked about before, and help those who don’t have the resources or the access to the knowledge or just didn’t prepare. We have a chance to actually effectuate change within the community in which we live or will live in terms of relocation, getting land, water resources, natural minerals, et cetera, et cetera. And I’d argue, yeah, I’d argue if you’re prepared, you’re, you’re not necessarily not scared.

You’re just like, you sleep a little, you sleep a little bit better than you would if you weren’t or if you’re not. So, yeah, it’s, well, again, it’s, it’s peace of mind and, and, and thank goodness that we, and this is not being political, but thank goodness we have a president administration who’s clandestine ahead of it and the US Is going to set the standard for us and the rest of the world. Right. That, that at some point here, sooner or later he’s going to revalue gold and silver. And you’re sitting in the sort of the catbird seat.

If you’ve been stacking like many of our audience and many people watching have for many, many years. It’s just more confirmation and vindication that you’ve been on the rights. And it’s about being on the right side of history also. Let’s make sure history we’re doing that we want to help others do as well. Yeah, yeah. And you know, my view, John, I don’t, you know, I think a revaluation of gold and silver is inevitable, but a proactive revaluation by the government before the crisis is extremely unlikely. And, you know, and not to say it can’t happen, I am all for it.

I wish it would happen. I wish it would happen, you know, yesterday. But the idea that we have all of these bubbles and potentially the biggest financial crisis of all time brewing, and we’re on the precipice of that, you know, popping governments need the ability to flood the system with cash to keep it going. And I’m not being political again, saying it’s just Trump or whatever. They don’t have to, you know, every single government, every single country, everyone in the world runs on fiat. And they’ve all been destroying it and they will continue to until they can’t.

And I think that’ll be after the crisis that they realize, oh my gosh, what have we done? And that’s when we’ll get the, you know, the real price discovery in gold and silver. And that’s when we get the real wealth transfer and that’s when we really do shift to a sound return to a sound money system like we should be. Exactly. Well, I’m glad you said that, Mike. As a final counterpoint before we move to the last question, because the system is accelerating and Michael Oliver, who I had on, as you mentioned, will have on again in October to his point, if you recall, said whether President Trump revalues gold and silver, not which I believe he will, but even if he didn’t, just like akin to the movie War Games, this the computer is going to keep moving regardless of user user error, user accuracy, it’s going to move forward.

There’s a we’re a point of no return. So the system will ultimately reset itself and it will do so in gold and silver, which will find its way into every other aspect of the economic landscape. To your point. You’re here. So let me just show you a quick slide that we prepared for you I thought was appropriate for the discussion today. Let me know when you can see. This will take a minute here. This is the latest debt clock on US debt clock.org which you can find on X here. And you see President Trump saying, as you said, guns, glory and the Constitution, it’s all I’ll need going back to the Constitution, bringing the hammer down on the Fed.

And you see the late President Reagan, we now have the tools to do what I never could. So US treasury dollar backed and as you can see by the colors gold and silver. So it’s sort of a pretty strong comm to what we know is inevitable here at some point in the near future. Finally, Micah, we have a subscriber query from John who asked about this question. You know, you and I talked about it in preparation out of a recent news story as of July 2nd of this year involving and this isn’t to badmouth any other companies, it’s just to put up shut a point on what’s going on and how Noble positions contrapuntally against that.

This is involving the solvency of Roslyn Capital on July 2nd of this year. Apparently they just went away and said they had no inventory left. My subscriber who posed this question lost badly and is involved in a class action lawsuit against them. What can you tell us about this issue and how is Noble Gold well positioned to inform our audience that this will never be the case here? Yeah, and I’m really sorry to hear about your subscriber and audience member John. Obviously he’s one of many, many Individuals who was caught up in this. Roslyn is one actually, it’s the most recent example, but it’s only one of many gold IRA companies that has actually gone bankrupt and disappeared over the last several years.

Gold alliance or Alliance Gold, Oxford Gold was another really big one there. There have been probably half a dozen examples, some covered as, as, as much as Roslyn, but Roslyn had quite a bit of time behind it. They’ve been around a long time, but that doesn’t mean that they ran a proper business model. What happened in the case of Frostland and in many of these instances of dealers going, is that they run essentially Ponzi schemes. They’re not delivering metal, they’re happy to take your money, they’re holding your funds on the balance sheet as metal in their inventory that’s not actually delivered to you or placed into your own segregated account.

And money sent to a gold IRA company doesn’t actually mean metal delivered into your hands or into your IRA account. So I think that high fees and a structure where, and I’m not speaking about Rosalind in particular, but many of the gold IRA dealers out there, they’re charging 30, 40, 50 plus percent commission in some cases. In my time here, John, I have seen over 100% commissions on certain coins that these guys like to push. And instead of focusing on educating the client, making them understand how bullion is priced, of course we’re not a charity. We have to have a markup above the cost of our product when we obtain it for our clients.

But to be in the single digits versus, you know, we’re talking high double digits, even triple digit commissions, it’s unbelievable. And I think, you know, again, the Ponzi scheme, if you’re taking that much away from your clients, you’re using new money from new clients to fulfill old orders. At some point you end up in a position where you’re, you know, the Ponzi scheme and the money coming in stops and then you’re not able to deliver and then you end up in these big problems. So like I said, I’ve, I’ve seen this happen over the years to many other companies, many clients hurting this.

The way that we are different is again, we want you to understand what you’re buying, how it’s priced, how we’re making money, how we’re going to have it delivered to you at home, how we’re going to have it delivered, audited, photographed and placed into your own segregated account in the depository that we use for our clients. You can Go there, you can touch them, you can withdraw them. I’ve been there. My wife and I both have IRAs in the Dallas facility. I’ve had dozens and dozens of clients withdraw their metals from their IRAs over the years.

We deliver cash purchases, tens of millions every month across the country to your door. Fully insured, securely delivered, never a hiccup. Because we have developed a system of transparency and accessibility and end of trust. And so when you’re working with a dealer, you need to understand, what am I buying, how is it priced, what are they charging me, where is it going to be stored, what kind of storage is it? Is it segregated? Is it unallocated? Is it a certificate? Is it a paper for product? You know, can I go there? Can I touch it? Can I see it? How will I know that what I bought is in my name, in my account, in my own safety deposit box or segregated account? And again, it’s a small gesture for us to say, hey, thanks so much for placing your order with us in your ira.

In a few weeks we’re going to have it delivered, audited, photographs sent to you as proof of purchase. But you know, please don’t take, if you don’t want to take our word for it, please go there, see it, and you’ll see that all the serial numbers and coins and you can personally audit and inventory your own metals. But we go a long way and we feel like we’re delivering the absolute best program possible with all of the bases covered. And again, the better we do buy our clients, the better we’ll do in the long term. And our Colin, or our CEO Colin Plume, pardon me, who you’ve had on, he said it from the very beginning, we will continue to gobble up market share in this space.

The longer we’re around and the better we’re doing by our clients. Like even today, 60 to 70% of all of our business transactions are referral and repeat clients. Meaning that we’re doing a fantastic job with our existing clientele and they keep coming back. But often with these other dealers, they just see it as a one time opportunity to take them for as much money as they can. And again, at some point the Ponzi stops and these companies blow up. And I would say this, there have been segments on this exact topic on Tucker Carlson. There are several whistleblowers that have actually been out doing news and investigative journalism in this space for several years.

There are publicly available legal challenges and lawsuits against a great number of gold IRA companies that are out there, many of whom are still in business but that have been also treating their companies poorly, like Rosalind and Oxford and these companies that aren’t longer around. There are companies still doing business that way and unfortunately they get away with it and they’re some of the biggest names. But in this I can say proudly and with confidence and as an investor, I wouldn’t work anywhere that I didn’t believe in, that I didn’t believe was providing the best service, the best product, the best pricing, all thing the most transparent, accessible metal out there.

And I can tell you that our name as a company is nowhere in that space, in those spheres for legal battles and challenges and things like that whatsoever. We’ve never come up in the conversations about who’s doing business this way, whether it’s on Tucker Carlson or elsewhere with the universal blower. So again, we will stand by the service we provide, the product we deliver, the way that we get it to you and vault it and all these things. These are the big points that you need to do your due diligence on when you are beginning to explore the idea and the option of a physical precious metals ira, because there are so many other places you could get your metal from.

But again, money sent to a gold IRA dealer doesn’t actually mean any gold delivered. And I again extend my condolences to your listener John and I hope that he ends up being okay at the end of all of his legal deliberations to get his money back. Yes, agree, and we pray for his safety as well as, as you said, many others who have unfortunately been compromised. And that’s why I think discernment and due diligence as you alluded to are critical. So thank you for that Micah. As we wrap things up for this podcast, we want to remind you folks that Noble Gold is holding a special promotion.

And as Micah correctly said, we started these podcasts with Colin, who is generous with his time, generous with his finances, goes above and beyond, really puts himself out there. This in many ways is a family run business, both from a blood standpoint and from a loyalty standpoint, which Micah can attest. And as such, Noble has extended the promotion this third month. We’ll have to see what they have for October, but for the month of September now they’re offering a free 10 ounce bar of gold 999 pure silver for qualified accounts. Whether that’s purchasing straight precious metals, cash, gold, excuse me, gold and silver conversion with cash and or a 401k IRA pension annuity rollover in part or full form.

They will be offering this generously to qualified accounts. So it costs nothing to do your diligence and get information. It costs everything if you don’t. And if you’re faith based and you’re doing your diligence, then you’re not concerned about the financial instability because you’re on the right side of history. We want you all. All is the key word to win. And I say myself at this channel and of course Noble Gold Mike is happy to work with you as you can see. Here’s his email michael@mikenobleira.com or if you don’t want to call in, you can certainly send him an email privately and he’ll be able to answer your questions or do a free consultation and give you as much guidance and education as possible as will hope and the entirety of the rest of the very capable, capable and competent Noble Gold team.

So if you go to noblegold investments.com JD Metals is my promo code to get the best pricing service and the aforementioned promotion. So Micah, any last words you have for the audience today? No, John, as always, it’s a pleasure, thank you so much and wishing everybody a fantastic weekend. And I can’t believe we’re already kind of through, you know, more than halfway through September. So, you know, like we’ve noted in in past episodes, October is usually a month of fireworks for, you know, financial markets and geo, geopolitics and of course with the election here domestically. So I just hope people take the message that you and I are trying to espouse somewhat seriously and if they do wish to continue the conversation with me directly like you said, email me, call me.

You’re in great hands with any of my other colleagues as well. So thanks again and have a great weekend guys. Hey, you as well. Just to close, I have a strong sneaking suspicion that October will be this year of all years, not just the midterms of standing very powerful turning point for this year going into next year in terms of momentum. So take advantage folks while you can. And please do mention that you saw when you call in or email that you saw on our podcast, we really appreciate it as they meaning Noble Gold takes it serious as well.

Micah Haynes from Noble Gold Senior Sales Manager, thank you for joining us. Have a great and safe weekend and we will look forward to talking with you shortly in the month of October. Thank you John. You too man. God bless.
[tr:tra].

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