Noble Gold Investments Explains Why Gold Silver Now with Jack Mullen

➡ Jack Mullen and Jake Bell from Noble Gold discuss the importance of investing in gold and silver. They highlight the current economic situation, including the devaluation of the U.S. dollar and the decrease in its purchasing power. Jake explains that many countries are buying gold and silver to protect their wealth, as these precious metals are seen as safe assets. He also mentions that we are in the middle of a bull run for precious metals, making it a good time to invest.
➡ The article discusses the importance of silver in the US, not just for electric vehicles and solar panels, but also for national security, AI, quantum computing, and data centers. The author suggests implementing a silver price floor to support US miners and reduce dependence on other countries for raw materials. The article also highlights the long process of mining and the current deficit in silver, suggesting that silver prices will rise significantly. Finally, the author emphasizes the role of precious metals in protecting wealth in times of financial instability.
➡ Investing in precious metals like gold and silver can provide a safety net for your financial future, especially in uncertain economic conditions. These metals are a good defense against risks associated with stocks, bonds, and debt. You can convert your retirement accounts like 401k or IRA into gold without any tax penalty, and it’s important to own the actual physical metal, not just a paper representation. This way, you have full ownership and control over a real asset, providing financial security and protection for your family’s future.
➡ This text emphasizes the importance of owning physical assets like gold and silver, rather than relying on paper money or assets that can lose value quickly. It warns that if you’re holding a stock that’s supposedly matched to silver, you might not get any silver when the market crashes, just the paper value. The text also promotes Noble Gold Investments, a service that helps people invest in physical gold and silver. It ends by encouraging people to educate themselves about the monetary system and the risks of paper assets.

Hello everyone and welcome to. I don’t know, you know, we have an organization here with Salmon Radio and several other sites. Net Next Evolutiontechnologies.com is our primary site. But regardless, today I want to take a little time to speak with Jake Bell of Noble Gold. My name of course is Jack Mullen. I’ve done this a few times in the past. Maybe some of you see me do it. I like to talk about gold and silver. I like to talk about the fact that not only are we talking about something that has amazing consequences for humanity over the course of all time, but right now in what’s going on in this world, we’re actually providing something in the way of information and access to information that will allow you to do something that most people don’t do and that is protect their wealth.

And so the basic idea of this is an educational program. I have Jake Bell with Noble Gold Investments with us today day. Jake has been with the company for six years. He’s got 10 years experience with gold, silver, metals, precious metals, etc. And he’s also, like me, very aware of the fact that the United States is in a serious situation right now with a currency devaluation, the loss of what used to be called the petrodollar. And of course we have the fact that some of the nations associated with BRICS, etc. Are dropping or not any longer, increasing purchases of treasuries, et cetera.

And all of these things lead to the decline in the value of the dollar and its purchasing power. Jake, welcome to the show today. We’re happy to have you. You are our new gold provider and we are an affiliate and we really appreciate being involved with your organization. And so tell us a little bit about yourself and where you want to go with this. Well, thanks, Jack. Thank you for that. And yeah, I guess I’d like to jump into the starting point where you just mentioned the de dollarization of the world. That’s a, it’s a pretty big macro talking point and one that shouldn’t be overlooked.

That’s happening for two reasons. When, when Russia got their assets froze a few years ago, the rest of the world looked at that and said, hey, that could happen to me. And so not only has there been a reduced appetite for our debt that U.S. treasuries and so forth, but that trend isn’t just with the United States debt, it’s with all sovereign debt. And even though there are serious issues around the US dollar, we are still holding on, albeit by a thread, as the world’s Reserve currency but the number of dollars being held abroad have been reduced significantly.

And this is where it’s a dual sword because not only, you know, we’ve been experiencing inflation. And part of that inflation isn’t just the printing of money and the borrowing. It is the dollars being sent back onto shore because these other nations are not holding. What are they doing instead? Well, they’ve been buying gold and silver at record paces. It’s been the report I just read, I think this was from the Kobayashi report that it’s been 23 consecutive months of net acquisition of precious metals by central banks and governments. And that’s. There was one blip. I think it was a sell off for paying for a war.

But it’s really been a continuation since COVID I mean when, when we started. We’re in the middle of a bull run and my apologies ahead of time to, to your audience because I tend to bounce all around because trying to process all sorts of information. We, we’re basically my, my analysis points to we’re in year three of an eight year bull cycle when it comes to precious metal market. The bull run, even though we’re only three years in because when it started moving is one factor. But it was born the day we started printing money in form of COVID checks.

When you start just creating money out of thin air, every dollar that’s printed means every dollar before it is devalued. And that’s of course inflation. That’s what we’re all living with. And that’s why tangible assets matter. One, one very important element be. Feel free to cut me off, Jack. I know this is you. You and I are our first dance, so to speak. But I do get ranting and raving so just cut me off. Chime in at any point. But the dollarization is not something to be overlooked. It is a big factor as to why we are in a structural bull run.

And that’s really from the gold perspective. Gold and silver are monetary metals. Now of the two, only gold is a tier one asset. And that’s an important thing to consider. It has to do with the Basel 3 system. Basil 4 and 5, which will be rolling out a big note of 4 and 5 is the US banking system can currently hold gold and precious metals in paper form and thus lend off of it. That’s changing and that’s a big, that’s a big important change because structurally that sets us up for a huge one Domino could fall and we could experience 2008 all over again.

That’s, that’s the whole, the whole point of gold is in, in terms of banks is to give them something that doesn’t have a form of debt behind it. There’s no shareholder that needs to be paid off. So it’s truly liquid. And so that’s why it’s a pretty much the only tier one asset that’s worth a dang currently. Right. Well, and we’ve seen the price of gold go up about 150% since 2024, I mean, just yesterday basically. And we saw silver, you know, moving from the 20s into the 60s, an amazing run, but all the way up in fact, you know, just under a hundred bucks.

So, you know, silver was something that is my favorite topic. I’m gonna let you talk a little bit about that because it’s also a monetary metal with respect to the US and the US Constitution, etc. And I think both of these metals are important. And so if you’re in the market for either one of them, you need to understand why. And so I’d like you to talk a little bit about, you know, the, the role of silver and gold as it moves back into a real prominent position in our monetary system and, and, and how that can happen and what does that mean for people who don’t have gold and silver and why is it important right now? And also the fact that it is, you’re, you’re almost getting it at a, like for example, silver, you’re getting it at a bargain basement price, like the lowest you could possibly imagine.

And, and never probably ever again to come down this far. Absolutely, I’d be happy to. Now gold, I did. Gold is again the, the, the monetary side, dominant side of this market. And silver does have that aspect. So again, the devaluation of our dollar, the borrowing, our ever growing debt, these are tailwinds that are going to drive silver as well. But where silver gets really exciting is where the financial world seems to be restructured and being built off of gold. The rest of the world is being built off of silver and that’s in its industrial application.

And that’s really. There’s a math problem behind that that no one has a, there’s no magic wand to write it. We are currently using more silver than we’re pulling out of the ground now. This is going to be the sixth consecutive year of silver deficit. So to, to give your audience kind of the master class in mining and I’ll try and tie all this back together. We peaked in silver production 10 years ago. 2016. Roughly 927 million ounces pulled out of the ground. Since then, it’s dwindled. And this year we’re going to pull out roughly 800 million ounces, give or take.

The reason it’s dwindled is because silver has been so kneecapped for basically five or six decades, it’s been held under the $35 threshold. Most of that time living in the low 20s, it has been utterly unprofitable for miners to go after. Nearly 80% of the world’s silver production is a byproduct of other mines, mines going after gold, zinc, copper, so on and so forth. You can bet your bottom dollar that last year when silver finally broke free of its shackles, that the miners started looking into new silver sources. And this is important because we have to have it.

We are so woefully shy on what we need for all these intrinsic systems and maybe I’ll get into those soon, but the US based miners and miners around the world really haven’t been able to go after it. So there’s been, there was a news release I think about four weeks ago now by the current administration of implementing a silver price floor. Now this is very interesting. Now when I heard that I had a knee jerk reaction. I said, no thank you government, we don’t need your intervention. Silver’s going to do just fine on its own. As we all know, government does something.

Benefits are minimal, side effects are usually outweigh any good that’s done. Well, when I did my research, I ate a little bit of crow pretty quickly because the whole point of implementing a silver price floor was to give US based miners specifically a safety net so they could go after it. And again, it is a matter of national security. And if your audience doesn’t know, November, last November was the first time that silver got added to the critical mineral list because we have to have this. And it’s no longer just about electric vehicles and solar panels, although those are big movers in the market.

When I say, when I say national security, I also am not just referring to military equipment. That is an important piece of this. But the arms race today around the world is around AI, it is around quantum computing. It is around the data centers and infrastructure behind these systems. To support these systems, we have to have all of this and it is all built off of silver. So again, when, when you start working your way back from this, we have to have this metal. We are, this is going to be six consecutive years of deficit. There’s very little silver dedicated mines around the world, even less in the US we need to be sovereign as a nation.

And that means not just building stuff, which is what tariffs are designed to do. Tariffs are, will be inflationary, but it’s designed to bring manufacturing back on shore. So we’re not dependent upon other countries having the, the raw material. And this goes to oil as well as gold and silver and other critical minerals. Having control of those resources is a fundamental necessity. We have to do that to be strong as a nation. And so again, adding a silver price floor is very exciting for an investor, but it’s not to make investors happy. It’s to give miners a safety net so they can go after it.

So, and, and I promised the, the master class, so forgive me as I, I tag on this last little rant here there. It’s important to understand the time frame behind mining. It takes years to prospect. It takes years to permit from breaking ground. It then takes eight or 10 years before a new mine starts producing any significant ounces of silver. And that’s what has to happen. We have to have new minds to fulfill our appetite. We’re, we’re at least a decade away from that happening. Now. There are, there are three other sources and, and again my, my apologies if I’m a bit long winded, but I did say master class.

There are three other sources of silver. There are some old mines and now those have already been in the works. They take about five years to get up and running. So we’re looking at about 20, 30 before those come online. The issue there is you just don’t know what you’re going to get out of it. It sounds like according to the major miners, there was a mining conference in January this year in Vancouver, which is where I got most of this information from. It sounds like there is a significant amount of ounces to be had. It moves the needle, but it doesn’t come close to closing that gap of our deficit.

So that’s on its way. It’s in the works. But again it’s not nearly enough. The third source is recycling. Now a lot of people are going to be dumpster diving and taking out small pieces and making a pretty penny off of it. But by no means do does anyone think that that’s going to fill the need. The fourth source, and this is what kind of solidified how bullish I am on this market because the way these miners were talking about it, the fourth source is some low grade silver. There’s apparently much easier accessible, albeit low grade silver ores that these miners are aware of.

They will not go after it. It is utterly unprofitable for them to go after it until silver’s $300 an ounce. And so when they were talking like that, I have my projections for the market this year and over the next five years, I’ve read reports of banks who are also saying silver is going to be pushing $200 an ounce this year. And there are no US banks, by the way, that you could call precious metal enthusiasts. So if you’re getting a bullish report from a bank, it is likely lowballing. It should very much excite you. But they are not going to go after those low grade or until silver hits a certain threshold.

That’s when it makes it profitable for them. So on that note, I’ll pause and, and give your viewers a chance to recover. Hopefully. Hopefully that was coherent. Actually, you’re, you’re doing a fine job as our, our viewers are pretty knowledgeable about gold and silver and we’ve been talking about it for years. But you know, everybody that actually shows up at one of our sites is already aware of the destruction of this currency, which appears to be deliberate and also the consequences of that and so forth. A lot of people think that, you know, that silver and gold are investments in the conventional sense.

And you know, over the years, I try to tell people through the knowledge that I have from people like James Turk and others who have explained that, you know, gold and silver, not a monetary investment, as though you were buying a stock or some sort of other asset, but in fact it is a means to protect the value of your wealth at any given point. And when you buy some now, whatever dollar amount you put into it, you’re going to get that dollar amount back if you try to sell it. And then some prob. Especially with silver, because you will get appreciation.

You want to respond to that? Absolutely. Building off of that note, traditionally precious metals are boring. If we’re in a good, robust, solid, stable economic environment and things are status quo, gold and silver is going to do very little. You’re not going to see a lot of appreciation. And that’s the point. Supposed to be boring. It is a storage of wealth. But what it does, what it is that no other investment class can lay claim to, is its true wealth. It is financial sovereignty, it’s financial independence. And it’s important to understand just the basic dynamics as to why gold and silver exists on its own.

Gold and silver has been that way, a storage of wealth, a, a form of currency, a means of monetary exchange for, for all of documented human history all over the world, there is no controlling Government, there’s no controlling central bank, there’s no controlling financial institution, excuse me, because there is no controlling body. There is no debt, there’s no shareholder that needs to be paid off because there’s no debt. There’s no counterparty risk. And you, you squeeze all that together and that is your financial independence. That is financial sovereignty. And that’s what this market does above all other things.

Yes, it’s very exciting that. You know, I did the math. Between January 2 to January 225 to 26, the number one performing index in the stock market was the Nasdaq went up just over 15%. Gold went up 62%. Silver went up 148% in those same windows. So again, we are in the middle of the bull run. You don’t see, you don’t see gold outperform the stock market by fourfold in a given year. If things are going well, either something is fundamentally wrong or something is fundamentally changing. And in my view, I think it’s bit of column A, bit of column B there.

Agreed. You mentioned banks. Bank of America was just talking about the fact that they expect to see silver between 135 and 309 dollars this year, which would push gold. Or it probably is a result of gold rising to as high as 8,000, 8,500. And of course with the gold silver ratio falling, I figured out the gold silver ratio falls like 10, 10 points per thousand dollar increase in the price of gold. But the bottom line of that is that silver prices are going up and everybody expects gold prices to go up. Just from what you just said, this system is financially unstable.

There isn’t any possible way they can fix it. We’re just watching a slow train wreck. And the people need to understand that there is a way to protect your value and your privacy, as you just mentioned too. So let’s talk a little bit about people who might have a huge chunk of their savings in either cash or an IRA or 401k. What do you recommend for them? I look at today’s world and I see restructuring happening and I see new alliances forming. Obviously Iran’s at the top of everyone’s news feed right now and those Gulf nations are more cohesive because of it than ever before, which was rather unexpected.

But the world is being shifted both financially and geopolitically. There are bound to be some buns bumps in the road, both financially and geopolitically. As those bumps occur, there’s only one asset class that will thrive under volatility. That’s of course, precious metals. So when, when I look at today’s financial outlook, I don’t know how anyone could feel comfortable about their family’s financial future without having some portion of their allocation in precious metals. Because again, if, if you’re in stocks, if you’re in bonds, even if you just hold dollars, you essentially hold a form of debt and a lot of wealth has been built off of debt.

And if you want to keep debt and if you believe in certain companies, by all means you don’t have to. It’s not a light switch, you don’t have to be on or off. It’s a dial. And everyone’s dial should be adjusting according to macroeconomic conditions. And so I look at the world today and I don’t know how anyone could feel safe, could feel comfortable without owning something by themselves. If you hold debt, you hold the risk and you have counterparty risk. You now need a company to perform. You now need, you’re expecting lowering of interest rates when the Federal Reserve has their hands cut.

You need extended periods of growth without interruption in order for all these current valuations to pay off. How could you be so confident in those sequence of events taking place without any sort of disruptions? Precious metals is the only true counterbalance to that. Precious metals is the only form of defensive positioning. Now the fact that we’re in the midst of a bull run, you’re going to profit from it is great. I expect this market to continue going up. I think the path for gold has been paved to 10,000. I think it’s going to get there in about three years.

I think silver is going to double this year. And that coincides with the bank of America reference that you were saying. And I think it’s good, it will go up much higher in the following years from that. Again, there’s that math problem can’t be solved. So as you’re looking at your portfolio, it’s not that you have to dump everything, but where in your portfolio you need to ask yourself as an individual, where is your sovereignty? Where is your true wealth? Where’s your risk? Well, precious metals offers a defensive positioning that nothing else can help you with.

Absolutely. And I couldn’t say that any better myself especially, where’s your sovereignty? You know, we’re looking at digital currencies coming online and in a form of basically a prison. And at the same time, we’re seeing no more privacy in any kind of purchase. The dollar was something. At least with paper you could go out and buy something and somebody else wasn’t watching over your shoulder. Although if you use a credit card, have that benefit. And that’s one of the reasons they’re trying to get rid of it. Having gold and silver junk silver, which is a form of pre1965 dimes and quarters and so forth, is a great way to build a new economy.

So let’s say we talk specifically to people that are, that are sitting on a big 401k or sitting on an IRA. What should they do? Can they get out of that? Is there some way they can convert that into gold and not suffer some terrible cost? Sure. Okay, let me, let me. I always have to hedge myself. We’re not tax professionals here. So confirm what I’m about to say with your tax professional. With that being said, I know a thing or two. So there, there’s a difference between 401ks and IRAs. And I guess I’ll just go through it here.

There’s. They’re basically the same thing. In fact, let me take one more step back. There are all sorts of different retirement accounts in the world. TSPs, SEPs, 403 BS, 401 KS, IRAs. The ones that are most common that your viewers would likely have is an IRA and, or a 401K. Within all of those different types of retirement accounts, you’re essentially only going to have two different tax structures. Traditional or Roth. You might have a beneficiary that exists in its own little bucket. You’re basically going to have a traditional Roth. Okay, so your IRA and your 401k can exist in either of those two tax structures, and you might even have some of both.

Now, the big difference between a 401k and an IRA, there’s a give and take in both directions. A 401k is associated with an employment. And with that you get a big benefit. You get a much greater contribution capability. Now, don’t quote me on the numbers, but it does depend on your age. Whether you’re over 50 or under 50 years old. If you have an IRA, your maximum contribution per year, $7,500 if you’re under 50, it’s $8,500 if you’re over 50, not a penny more. If you have a 401K, you can contribute, I think it’s 23, maybe 24,000 if you’re under 50, and I think it’s 30, 32,000 if you’re over 50.

So obviously with a 401K format, you have a much greater contribution capability. That’s big. You get that with an added restriction, your company has a say in where and how it’s invested. And so if you have a 401k, you’re asking yourself the following two questions. Is it, is your 401k associated with a current employer? Am I over or under 59 and a half years old? There are exceptions to every rule. So this isn’t. This is. What I’m going over is going to be 99% correct. But again, there’s an asterisk on each one of these. If you’re over 59 and a half years old, the restrictions on your 401k have been levied off of you.

If you want to call us and do a rollover, you can. If you’re under 59 and a half years old and that 401k is with a previous employer, you can roll that over, give us a call, we’re happy to help. If you are currently employed, if no portion of that account came from a previous employer and you are under 59 and a half years old, can’t touch your 401, you’re stuck. Call us, do a cash purchase. That’s the only way you’re going to get diversified. Now, now that I’ve given that context, I want to answer your question.

Can you make the move without incurring any tax penalty? Yes. That’s exactly what we do. That’s exactly what we specialize in as a company. If you call us with a 401k or an IRA, what we are doing first and foremost is a rollover. And what that means is first we’re going to mirror the tax image. So if you have a Roth, it’s going to be a Roth. If you have a traditional, it’s going to be a traditional. You will not do any sort of withdrawal or distribution. Be careful with that, because different custodians use different language.

What I mean by that is no wealth will be exiting the qualified retirement account format. What we’ll do for what we do for all of our clients and for anyone who wants to give us a call, you’re going to go from one qualified account into another. It is a lateral move. It is a rollover. In doing so, you are not going to pay any tax, you are not going to pay any penalty. And here’s the biggest distinction that Noble Gold can offer for our clients and why we’re the best at this. We only offer the actual physical metal.

We do not lease the metals. We do not sell paper representations. There are no duplicate owners. Some unique features for Noble Gold Our clients get segregated storage. Our clients get a photo of their actual physical metals. Once they reach the depository and their metals have gone through their multiple inspections, our clients can go do their own audit. You want to go down to the depository, they will lay out all your metals for you in a specialized viewing room. You can take your photo, you can see your bars with their special, with their unique identifying numbers on them.

Make the comparison, bring your itemized receipt that we provide to you. All of that, it’s not for the IRA side. All the IRA checks and balances are taken care before that. Those last bullet points were, are unique to Noble Gold because we want our clients to understand that you own the real thing. And it is only in owning the real thing to where you have that financial sovereignty that we’ve been discussing. If you have a paper representation, if you have a dual ownership, you have another form of debt that is not what this market is about.

If, if you think that it’s just nothing but sunshine and rainbows and we’re going to experience record growth and you’re happy with the stock market, so be it. But if you’re looking to diversify, if you’re looking to protect, if you are looking to ensure your family’s future, you only do that by being a sole owner of a real asset. If you don’t own things outright, doesn’t have to be everything but some portion of your portfolio you need to own outright. And if you don’t, you are subject to disaster. And I hope it never comes. Right. I.

But one domino can fall. Who saw 2008 coming? Who saw Black Monday coming? Or yeah, Black Monday in the late 80s. Who saw Covid coming? Right. That’s historically, that’s the reason for precious metals, is to have that counterbalance. When everything else goes in the toilet, precious metals won’t. That is your true financial sovereignty. That’s what this market’s all about. And that’s well said and something that’s extremely important. You don’t have it in your hand, you don’t own it. And we’ve seen in with respect to silver, what is the estimate right now that there’s 300 paper ounces floating around for every single real ounce.

I think it’s 400, but yeah, it’s up there. 300, 400. It’s in the comical range. Right, right. And, and so what does that mean? Well, that means when the music stops, not everybody gets a chair. So if you’re, if you’re holding what you think is slv, for example, which is a stock that’s supposedly matched to silver. And I think we both would agree it is not you. When the music stops, you’re not going to get any silver from that particular asset. You’re just going to get the paper value, which is going to drop very quickly as people start to realize there’s no silver left.

So, anyway, I use silver a lot, but I understand that you represent both gold and silver. I think this has been a super talk because I think everyone needs to understand, you know, it was. I had wrote this quote down, but it was Thomas Payne. Money is money and paper currency is paper and nothing more. All the invention of men cannot make that otherwise. When the time comes, paper is not going to be worth anything more than maybe a way to start a fire. And that’s where I think we’re heading. And I. I worry about it for myself, and I’ve taken care of that for myself, and I hope that everybody else gets the same feeling.

Okay, folks, and I want to remind you that we have ways to get there that benefit us as well, but cost you nothing. So if you’re interested in this service and you’re sitting here right now looking at our website, look around for the banners that say Noble Gold and click on them. That will lead you to a form for which you can provide some information and somebody will get in touch with you. And I’m sorry, I didn’t. I’m sorry to. Yeah, tell us you heard it, Heard it here. And you guys will qualify for promotional items for qualified rollover accounts.

Absolutely. I don’t know how I let that one slip my mind, Jack. No, I did it, too. I’ve done it before. Every time I do this, I forget to. To say, you know, let’s talk about it from the point of view of our sites. But regardless, it doesn’t cost the consumer anything more. Not. Not another penny. It’s just a matter of. Of helping each other out. And that’s what this is all about. Jake, it’s really very nice to talk to somebody knowledgeable about the monetary system, which is actually a fiction that has been foisted on Americans who have no understanding how this paper economy works.

And I think it’s only important to understand that what you said earlier, if. If you have something physically in your hand, something that actually has independent value and no counterparty at all involved, you can walk away from whatever you want to walk away with. You still have wealth, but in the system of paper money and paper assets and SLV asset certificates, etcetera, you actually have some sort of a fiction in your hand that can any media, any, at any moment be taken away. So let’s. And it’ll work all the way until the day that it doesn’t.

Yep, that’s right. That’s the key point. JP Morgan said gold is money and nothing else. That’s what gold is, and that’s the definition of money. And all the rest of it is just an imitation. Thank you, sir. We appreciate that. Noble Gold Investments is something that we personally believe in, and we hope you do, too. And, Jake, we’ll get you back again. We’ll talk to you in the near future. My pleasure, Jack. Thank you. Thank you.
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