TO SURVIVE AMERICA MUST GO BACK TO THE GOLD STANDARD! YOUR OPTIONS?

➡ Dave Hodges, host of the Common Sense Show, interviews Joshua Ward, senior VP of Noble Gold. They discuss the rising value of gold and silver, with gold hitting its highest value in 40 years. They attribute this to the weakening dollar and suggest investing in these precious metals as a smart financial move. They also discuss the impact of tariffs on the availability of metals in the U.S., and the potential threat to the dollar from the BRICS nations (Brazil, Russia, India, China, South Africa) who may shift from trading in dollars to trading in physical commodities like gold and oil.
➡ The text discusses the shift from the gold and silver standard to a fiat currency, which is not backed by any physical commodity. It suggests that this change has negatively impacted the economy, leading to inflation and debt. The author also criticizes the current education system and the high cost of college education, which often leaves graduates with debt and degrees that don’t guarantee employment. Finally, the text suggests a possible return to a commodity-backed currency and a need for a significant change in the system.
➡ The text discusses the financial challenges faced by average earners and the potential benefits of investing in precious metals like gold and silver. It highlights the low interest rates offered by banks and the potential risks associated with keeping money in banks due to certain laws. The text also mentions the historical significance of gold and silver as reliable forms of currency and criticizes the current reliance on fiat money, which is not backed by physical commodities. It suggests that investing in gold and silver could be a safer option, especially in the event of a financial crash.
➡ The text discusses the potential for a shift towards gold and silver-backed currencies, the dangers of inflation, and the manipulation of economic systems by governments. It suggests that owning physical gold and silver can provide financial security, as these can always be converted into any new currency. The text also criticizes the current banking system and political corruption, advocating for personal financial independence. Lastly, it explores the possibility of debt repudiation, where a government refuses to pay its debts.
➡ The speaker believes that the government will continue to print money, causing inflation, and that this isn’t widely understood due to lack of education. They argue that gold and silver are reliable investments, regardless of the economy’s direction, and that they often pay for services with these metals. They also suggest that the future may see a shift from fiat currency to a digital one, possibly backed by gold and silver. However, they express concern about the government’s ability to track and tax all transactions in a cashless society.
➡ Noble Gold offers a service where they help people move their retirement savings from traditional IRAs and 401ks into gold and silver IRAs. This allows people to hold physical assets like gold, silver, and real estate, instead of just stocks. The transfer is tax and penalty free, and the assets can be tailored to individual needs. This service also provides a tax advantage until the age of 73, and allows people to take control of their retirement savings away from banks.

Hey everybody, Dave Hodges here. I’m the host of the Common Sense Show. We are the show that is freeing America one enslaved mind at a time. Again, please subscribe and also share our work. And if you’re listening to us on our podcast or one of our radio stations, welcome. We really appreciate you being here and we try to bring you programming that’s going to benefit you. Not just bring you news, but bring you news plus opportunities, solutions and strategies. And today is no different. We have on Joshua Ward. He’s the senior VP of Noble Gold. You go, oh, Dave, Noble Gold.

Yeah, you’ve heard me advertise for Noble Gold for eight and a half years. Been a customer for seven and a half multiple times over. And I’m about ready to do it again with silver. And I have to tell you, ladies and gentlemen, if you’re putting your money in the bank lock, stock and barrel, you’re going to be very disappointed. Please pay attention to what you’re going to learn here. Joshua, first time visitor on the Common Sense Show. Really appreciate you coming on. And I see you’ve got Colin Plum’s book. Silver is the new oil. Yes. Yeah, well, in the next two days, what I can break free of my duties is nanny and I got a little time to spend on the phone.

I’m going to be actually ordering silver rounds because I’m taking Colin’s advice very seriously because silver’s been repressed by the big five banks and it’s the darling mineral of climate change technology and all the new AI, so it’s going to explode in value. So I’m so glad to see you. This is available too on Amazon, correct? It is, absolutely, yeah. Okay. Colin sent me something and said, Dave, Gold is going out of sight. Over 1100, almost 1200% increase in the last 18 months. Let’s talk about that. What’s going on? Yeah, I mean, we’re really starting to see a decoupling of gold with the market here.

So, you know, the stock market has been on quite the run the last four years is the reality of it. And, and gold has kind of been a little bit of a laggard, I would say, in that same time frame. And now we’re starting to see it break out. I mean, the first quarter of 2025 here we gold had its best quarter in over 40 years. You know, we’ve seen gold hit basically an all time high almost every other day. It seems like for the, for the better part of this year, it’s been on an absolute tear.

We, we hit just under $3,500 for the spot price. And we’re hovering on 3,300 now. So, I mean, that’s just, that’s a huge, huge move in a very short period of time for gold. You know, it was about this time last year I was interviewing Colin and we said that we thought gold was going to hit 3,000 in the next, you know, the next calendar year in 2025. And I got a couple of comments from people who watch. They go, that’ll never happen. Well, you just said it where we’re at today, and I, I think the sky is the limit because I think the dollar is in big trouble.

Is that what’s driving this or are there other factors too? That’s an absolute, that’s a very big reason why, you know, we’re starting to see the, you know, the dollar has had, in the last couple weeks has had almost a 10 decline compared to other currencies, which is, which is a huge move in the dollar in a very short period of time. I remember earlier this year I bought some, some euro. I’m going to Europe in the summer and I bought euros when the euro and the dollar were one to one because I knew that the dollar was strong and I knew that it’s not going to get any cheaper than this.

And I’m glad I did because now the euro is almost 150, 110, 115 to the dollar. Wow. It’s amazing. And the Europeans have in large part trashed their economy. What’s causing their currency to be so strong? You know, it’s, it’s, it’s a lot of different factors. I think a lot of it has to do with the, the governments and what they’re doing and, and the actions that they’re taking. So that has a big, big part of it. You know, a lot of these governments have kept interest rates artificially low for too long and they’ve seen their currencies reflect that.

Right. When, when a, when a currency is undervalued or low, it costs, you know, it’s easy to export items to other countries. Right. Like Japan is a great example. China is a great, they have to keep their currencies low, relatively low, so they can sell their products all over the world. Right. So I think it’s a strategic standpoint and I think also it’s just part of the market working out as well at this present time. Joshua, are tariffs having a direct influence on what’s happening with the dollar and gold? Is it speculative from the Futures market.

I mean, what’s going on there? Yeah, so we saw a lot more, I would say probably about a month or so ago when we first started hearing of the tariffs, we saw one of the biggest imports of gold from Europe that we’ve ever seen almost immediately after the, the announce of the tariffs. And gold and silver are not exempt from the tariffs. Right. So if there’s a 10 to 30% tariff on Mexico or Canada, that is going to directly, directly affect the, the availability of metals here in the United States. Right. Most of the silver comes from Mexico and from Canada.

That’s where it’s mined. That’s where it’s, that’s where they, they find it and then they import it into America and sell it to, you know, different places and different, different people. You just have to wonder when Trump is negotiating levels of trade and, and the tariffs because Mexico and Canada are so important in these resources. Maybe we cut them a deal and maybe this becomes part of the deal or they become the 51st for 51st and 52nd state. Right. That’s what, they’re floating that around too. Well, Carney came in today and actually this will air on the 30th, but Carney came in today and he said we’re going to obliterate free speech and he says we’re going to teach the United States a lesson and we will never be the 51st state.

And he wants a trade war. We’re going to give him a trade war. Canada would lose a trade war in about two hours if we really wanted to apply the, the, the, the heat on him. I can’t believe that he said this. I mean, it’s, it’s, he’s going to be on the wrong side of that for sure. You know, Canada, you know, I don’t want to get into to Canada bashing here, but they, they don’t have much of a gov. Of a military. Right. Their military might is almost nothing. So it’s tough to, to talk with a big stick when you don’t have one.

Right, exactly. And they are, you’re right. They’re totally vulnerable militarily. They need us as a trading partner. They need us worse than China needs us. And we see what’s going on with China now. Riots because of the economic implosion that’s going on there. And, and so, yeah, this is foolish. Canada, they would, well, advise. I got an inside tip for you. My friend Paul Preston, who’s the head of the New California movement to become the actual 51st state that Trump is behind he’s actually been sanctioned to train four of the provinces on how to get territorial status on the way to statehood with the United States.

That’s ongoing right now as we speak. So I thought I would drop that little diamond there. So, yeah, Carney, better wake up. I want to talk a little bit about the bricks. The bricks just met recently in Russia. How does this affect us in the United States? What was the outcome of that meeting and what’s the impact? It was strategically done in Russia as well. Right. It’s interesting where they actually held that meeting. I think it’s personally, the, the BRICS nation is going to be one of the biggest threats to the dollar and to the, the U.S.

the reality is at some point they’re going to realize that having their, their economies backed by dollars are doing nothing good for them and only helping the United States. So they’re going to realize that they’re no longer going to be trading with dollars. They’re going to be trading in physical gold, going to be trading in oil. They’re going to be trading in some sort of commodity, some sort of physical commodity or a combination of the two. And I think that day is coming. And, and I think the, the value of the dollar is going to be negatively impacted by that.

Right. If all of a sudden, I mean, there isn’t a currency out there right now that’s backed by gold and silver. Right. Has it hasn’t been the United States here. We haven’t been backed by gold and silver since gold for, since 33 and silver since 64. So we’ve already been off the gold and silver standard. And we’ve seen what’s happened in the time frame leading up from that. Right. Think about, you know, everything that’s changed from 1919, early 1960s to now. Right. Our entire economy is totally different. We manufacture nothing in this country anymore. It’s all been been sent offshore.

And it’s, it’s, it’s disappointing. I mean, it really is. It’s. We’ve, we’ve put ourselves in a hole and we have nobody else to blame but ourselves. The truth of it, and we had it going the right way because in 1885, being on the gold standard and also, you know, living on tariffs and no. Having no income tax, we had so much money. They had a conference in D.C. on how to spend this money. It’s incredible. I, when I read that, I, I had to rub my eyes twice and read it again. I could not believe that this was our history.

And by the way, I used to teach History. A long time ago in a high school we weren’t teaching students this stuff, this. No. You know Rockefellers have a lot of say about public education because they got it started with the Carnegie’s and they really don’t want that out there I think. But this is incredible. Well if we can’t beat them with the dollar, don’t we have to somehow join them? Maybe not be part of brics, but go into a gold backed currency? Yeah, I mean I think ultimately we’re going to resort back to resort from a fiat dollar which we have now, which is backed by nothing, to a tangible commodity backed currency.

Like, like before. Right. I mean we had, from 1776 to 1933 every 20 bill was a one ounce gold coin. Right. It was a half ounce gold coin, was a ten dollar bill, quarter ounce gold coin was a five dollar bill. A one ounce silver coin was, was a one dollar bill. Right, was, it was a one dollar silver mortgage. So the government couldn’t just print money out of thin air. Right. They couldn’t just, oh, we’re having a slow time. Let’s, let’s print a few billion dollars through the economy, do this. I mean you’re talking about the Federal Reserve and the income tax.

1913 was the worst year in America’s history. We got the income tax and we got the Federal Reserve the same year. Good points, very good points. And then we did a two stage assassination on the dollar actually with gold taking us off the gold standard started it and Nixon completed it. And you look at that, you go, what were we thinking? Yeah. This is something I like to tell my audience. In 1800-1913 at the advent of the Federal Reserve, a dollar was worth a dollar. 113 years span, there were ups and downs, but it was still a dollar.

Today that $100 12 years later is worth 3 cents. It’s amazing. So do you see any signs that Trump is going to move towards using precious metals to either back to dollar or go strictly to the gold standard and come up with something new? How do you see this unfolding? I see a collapse happening before we issue back gold and silver is how I say I don’t think we can transition from fiat money to gold and silver overnight without there being a real kind of catalyst for it. Right. The Federal Reserve, the powers that be, the cabal, they’re getting filthy rich doing this.

Right. I mean they control the every dollar. It’s created interest has to be paid to the Federal Reserve which is a private conglomerate of banks. So every dollar it’s created in America. Private banks get paid on that dollar before it gets out in circulation. So you’re never going to be able to pay that debt back. Right. The only way the government can pay it back is with taxes and inflation. And inflation is a hell of a lot easier than taxing people. That’s true. That is an excellent, excellent point. And most people don’t realize that inflation is a hidden tax.

Right. And it’s the most egregious hidden tax. It truly is. You know what I find amazing, though? I remember after Trump was sworn in the jobs report and an economic report came out with it, Trump’s in office four days and he was being blamed by the Democrats for the economic report. Sure, sure. I mean, it’s, it’s, it’s really remarkable what’s going on when we talk about tariffs, too. You know, it reminds me back in history. So we had tariffs in this country before we had an income tax. Right. That’s how they got people to transition from tariffs to an income tax.

Because the income tax was a 3% tax on the most wealthy at the time. So the average person never had to pay it. It wasn’t. It was a. Hey, if you ask an average person 100 years ago, do you want to pay tariffs or do you want to have the top 3% paying income tax? Right. Well, I mean, anyone, Anyone that right, mind? Yeah, I have the top 3%. Pay it. Right. I don’t want to have to pay it. I don’t want to pay tariffs. That’s how they suckered people into using it. Exactly right. And then, and then, and then they were going to put a cap at 10% and they decided not to because they didn’t want the government to raise it to 10%.

Right. And now we’re at a 40% or 38 and a half. 40%. And then some states have a 10 to 15% tax on top of that. I mean, if you make any money in California, you’re paying 55% to the IRS. I know. Every single way. Let’s say, you know, let’s give an example. $100,000 you make in a month. 55,000 is going to the federal government and the state government, and 45,000 goes to the person who earned it. That’s a real disincentive to even work. Well, if half the days that you show up is literally for the government.

Right. I mean, you’re not working for yourself, you’re not working for your family, working to pay the taxes to the irs, to the Government. You know, there’s a parallel we need to look at with China that I think could be in our immediate future. About 70% of young adults in China don’t want to be in the system because they’ve done away with the tutoring businesses that could get them up to standardized test scores that gets them into elite universities and good income, good paying jobs. And so they’re saying, to heck with this system, I, I don’t want to be in this system.

And so it’s estimated about 70% of age group of between 21 and 35 are domestic engineers in their parents homes. And they basically, there’s a saying in Chinese, I think it’s Ben Loy, let it rot. And they’re dropping out of the system. The way we’re going. I could see the same thing happening here with the same age group. I mean, look at, look at what’s happening now, right? People are going to college, they’re getting worthless degrees that once, they’re spending 50 to $100,000 to get into debt to get these worthless degrees that once you get out of college, nobody wants to hire you, right? Nobody, nobody, nobody wants to hire a social studies degree or a, you know, or pick your poison here, right? I mean, nobody wants to hire those people even.

I graduated with a finance degree, right? And I went to a very liberal university here in California, Cal State University of Northridge. And I didn’t learn anything that I couldn’t have read in a book. One of my biggest regrets in life is honestly going to college and waste and spending 60 grand to be brainwashed. And that’s, that’s the reality. I didn’t, I didn’t learn anything from college. I couldn’t write in a book. I didn’t have any mentors that had the same views or ideas that I have personal. So it didn’t, do, you know, it was, it was a, I did myself a disservice and I got into the finance field, right? I didn’t want to do marketing or this or that, right? There’s a lot of easier degrees that don’t have a math requirement that I could have got, do you think, and this is very speculative question, but with what’s going on with the wages dropping, in fact, what is it? Over 80% of Americans dip into their savings to pay basic expenses now while they’re using their credit cards, they’re doing pay as you go, pay monthly for burritos at Chipotle now.

I mean, Noordash is, is or, or doordash or Uber One of those are taking, you know, the asset pay or, or the pay as you go, right? You’re gonna buy a burrito for $12, and you’re gonna pay $4, you know, every two weeks to pay it off. I mean, this is, this is crazy. This. I, I couldn’t believe it when they got away with that. And they’re doing that now. I mean, who the hell would do that? You know, I looked at teacher salaries this morning, just out of curiosity. I wonder where they were at, because I’ve taught everything from ninth grade to postgraduate at university, but I wanted to see where the high school people were.

And I saw the, the average pay was between 40 and 65,000. If you’re not in six figures, you can’t even buy a home now. No. And then you’re paying 20, 30 tax on that 40 or 60 grand too, right? So it’s not like you’re taking home 40 or 60. You might be taking home 25 to 35. So to me now, this is just me. I don’t want to accumulate money in the bank as I close the deal. I want to put it back into precious metals and other and other investments. But I think gold has jumped to the head of the class.

Silver will be there soon. But I think that people don’t see this. Why do people blindly. I mean, I’m sure you’re familiar the Dodd Frank law that Sundays you’re in second place as a depositor and the banks can technically keep your money, keep your retirements associated with the bank if they want to. I, I have an ex athlete I used to coach who’s the president of a large chain of banks in the Rocky Mountains. And I asked him, I said, tell me about Dodd Frank. He goes, I really am not supposed to talk about this. They want to keep it on the download, but it’s a law.

It’s a law. They can keep your money. Why would anyone trust a bank with that kind of law? And it’s, I think it’s worse than that. I mean, if you put, let’s say you have $100,000 and you, and you want to keep it in the bank, right? And you keep it at Wells Fargo or B of A, they’re paying less than a half a percent interest on that money. Okay. If you’re keeping it in a normal checking account, you have to put it into a brokerage account to earn the money market rate of about 4%. Three and a half, 4%, right.

So the max you can earn every year by keeping your money in cash is 4% right now. And as they bring down interest rates, that’s going to go back down to 3 or 2% or 1% like it was five years ago. Okay, so you’re, you’re guaranteed to lose keeping your money in the bank. Right? Gold, 30%. This in the last, in the first quarter of this year. Silver’s up about 12%, right? Gold and silver last year were up 25 to 28 each. So do you want to leave your money in something that you’re guaranteed to lose, or do you want to put it in something that’s tangible, something that’s been used as money and currency for the last 3,000 years? Something that has a track record? Right? The government can’t print gold.

They can’t print silver. It has to be mined, it has to be refined. It’s got to be minted into coins and bars. It has added value to it that you don’t have with, with paper currency like, like a US dollar or a euro or a yen. Well, one of the things though, then people are saying, well, gee, I need to look into gold. Well, let’s address this though. I’ve done stories and some of them are coming out of the bank of England, bank of London, I should say, and they can’t pay on paper. Gold, they’ve oversold it.

How bad is that problem? Well, it’s probably worse than what we experience in America here, right? I mean, we have that same problem. That’s why in 1933 we got off the gold standard, right? Is because we printed more gold certificates than we had gold in reserves. And other countries caught wind of that. So they all wanted to turn in their paper certificates for physical gold at the same time. And there was a, there was a stampede and all the gold was flooding the United States. That’s, that’s the reason why FDR came up at the end of the year in 1933, in December of 33, an executive order making it illegal to own gold and silver.

And it was illegal to own gold and silver for about 30 years. You could not, you could not buy bars, you could not buy coins. It was illegal. You could only buy jewelry. Was that an executive order? It’s right, yeah, it was an executive order. It was by fdr. It was not something that, that we voted on or the senators and politicians voted on. It was an executive order. You know, to me, okay, the term expose facto comes into play in my mind here with that night. I think it was 1932 if I remember correctly. But you’ve Got gold in your possession.

Now you’re told it’s illegal. You can’t pass a law on Wednesday and say it’s illegal to do what you did on Tuesday. They had no right to pass to do this. None. I mean, it’s unconstitutional. Totally agree. And that was the first time America really did default on their debt. Right. Because that’s what it was. I mean we, we had all these, all these creditors that had gold certificates that were redeemable in gold. And we said, nope, sorry, gold windows closed, you can no longer do it. And Mr. And Mrs. America were forced to turn in their gold to the banks.

Right. They were given $20.35 for that 20 gold coin. And a lot of the average people just turned in their gold and silver. Right? Okay, I’m gonna go get 35 cents and I’ll turn in my gold. And a lot of people didn’t, a lot of the patriots out of the time didn’t. And those coins that they, that were turned in were supposedly melted into Fort Knox. Right. That’s why Fort Knox, the gold isn’t pure in Fort Knox. It’s 90. It’s coin. It’s coin gold. 90. Right. So, so coins, you know, from 1776 to 1933 were made out of 90 gold or 90 silver.

Because gold and silver are very malleable. They, they’re very soft. So they need a little bit of Halloween. So that’s what all the gold important is. It was not like we just, we found it in the ground and put it in there. No, those are all of our country’s wealth in gold and silver coins and bar or coins at the time melted down into bars. You know, people really have a choice. It’s gold or silver or failing cash, failing dollar. To me that, that’s your choices right now. I, I don’t see any way out of this.

And if you look at Trump with the tariffs is going long term solution, isn’t he? Yeah, no, this is, it’s going to be a lot of pain in the short time for a lot of prosperity in the future. But I don’t know if we have it in us as Americans to do that. Right. I mean everybody wants instant gratification. Nobody wants to see anything go down. The government, the federal, anytime the stock market goes down or the economy goes down, federal comes. Federal Reserve comes in and helicopters money everywhere. And it makes the problem bigger and bigger and bigger.

Right. We’re kicking the can down the road and the cans getting bigger and bigger until we kick it and it’s a stone and we can’t move it. And that’s kind of what we’re coming into right now. So we actually have to have a crash in your estimation just to, to get on the right path? My mind that’s exactly what has to happen. There’s going to be a crash with the dollar. You darn well better be out of the dollar and into gold and silver. And let’s say there were a crash. Hypothetically, if you thought this through in terms of how people would monetize their holdings in gold and silver to get through the tough times.

Sure, yeah. I mean we have history that, that supports everything. Right. I mean, once. It’s not the first time fiat money has ever collapsed. Right. You look at places like Zimbabwe. I mean, on my desk here, I have a 100 trillion dollar note from Zimbabwe and it’s an actual, actual note that they, that the government issued. You couldn’t buy a loaf of bread with it, but it’s an actual note that they issued. Right. If governments could just print money into prosperity, all of these, all of these countries that have completely collapsed in the last 50 years would be Meccas on earth.

Right. It would be like, it would be a, an oasis. Right. But all of these countries are the poorest and they have the governments that control the most on the currencies that are completely valid. I mean, it’s, Zimbabwe is just one example, there’s a lot more. But every nation in the world is in terrible debt. Every nation in the world effectively is a fiat currency, isn’t it? Right, yeah. There, there isn’t one currency out there that’s backed by gold and silver. Right. The, the fiat currencies are all backed by how big your government is. That’s the reality of it.

That, that’s what, that’s what gives the fiat money, paper money value is the might of our military, nothing else. So when the fiat nations had their conference in Russia, did they come out committing their, their currency to total being gold backed? No, no, no. So, so they’re transitioning. It’s, it’s going to be a slower process. I believe they have to. It’s not like Russia can do it and then, so Russia goes to gold. Everything’s going, all the powers that be are going to go against them. It has to be a coordinated effort, has to be a conglomerate of countries that are doing it at the same time.

It can’t be just one. Right. Because I mean, the last time Gaddafi is the last guy that tried to make his currency gold, what happened to Him. So let me project this out for the average American. So you go, okay, Dave, I’ve listened to you. I buy a lot of gold coin, silver coin, and, and now the collapse comes. Are you going to have a black market economy with gold and silver till something is reestablished? No, I don’t think it’s going to be a black market. I think it’s, you know, you’re always gonna, when you have, when you hold on to physical gold and silver, you can always convert that into fiat money at any time.

Right through for the last thousands of years, you’ve always been able to convert that in any new currency at the time. So personally, I think we’re going to have a currency that’s backed by gold and silver. We had 100, 120 years ago where we have either notes or a digital currency that is backed by gold and silver. Yeah, I can see Trump’s actions are really long term. And here’s what I mean by that. You’ve got Doge, that is getting rid of wasteful spending, so you’re going to save some there, certainly not enough to overcome $36 trillion in debt.

And then you’ve got him looking seriously at a basket of currencies to back up the dollar and to try to even out the trade between nations. So we’re not taking a hit there. Those are long term solutions. Is he kind of out of luck in terms of short term solutions or this is pain we have to go through? Yeah, I mean, the problem is in America here we have a president for four years and then we have. And Trump’s already been elected once before, so this is his last term. Okay, so once Trump gets out of there, everything can get reversed from the next president.

Just like what you saw with Biden here. You know, a lot of, a lot of headwind. And then once Biden got in there, he ripped it all down and we’re basically back to, to square one again. So that’s the problem. It’s not like whatever Trump does today can be undone tomorrow by somebody else. I had one of my Democratic friends, and yes, I do have some friends that are Democrats. I had him ask me, says, dave, why are you so in love with gold and silver? And I said, because your guys might get back into office and I got to protect myself.

And even if they don’t, right, I mean, you still want to hold gold? I mean, I work my butt off every day. Right. I don’t want to hold my money in something that the government can print out of thin air. Why would I do that? I mean, it’s like beating your head against the wall. You know what I mean? Like, why. Why would I hold my wealth in something that the government can print out of thin air, and they do, and it has no real value other than our military might. Right. An ounce of gold, an ounce of silver that represents time, energy, effort, manpower to find the gold and silver, refine it assayed into gold and silver assayed into coins and bars.

Right. It has intrinsic value. It costs the US government the same amount of money to print a $1 bill and $100 bill. Why is the $100 bill worth 100 times more than a $1 bill? Why? It has no real value. It’s just. It’s a. It’s a zero on a. It’s a zero on a piece of paper that you and I have been tricked into accepting as money. Joshua, I actually have an answer to your rhetorical question, though. The reason they would do the 1 versus 100 is because the benefactors of politicians get make work projects that could be totally worthless but beneficial to them financially.

And we’ve seen evidence of that by what’s been uncovered by Doge. That would be my answer to that. Absolutely. I mean, anything that. There’s a reason why the government does so many things in dark and the average person has no idea what’s going on. It’s because it’s nefarious. Right. There’s a reason why the federal. The Fort Knox has never been audited. Right. There’s a reason why politicians can trade stocks. And they’re the ones affecting the policies on stocks. Exactly. I mean, how is Nancy Pelosi worth $200 million and she’s been on. On a $200,000 salary for the last 20 years.

Well, it’s legal for her, insider trading, and that’s how she does it. You and I do it, we go to prison. Correct? Yeah. It’s a total rigged game. And see, I just want to be a part of that. Right. That’s why. That’s why I own gold. Why the hell would I want to be a part of that? I know I want to be subject to that or. Or be part of the problem. Right. When you own gold and silver, you’re taking. You’re getting out of the banking system, you’re getting out of the dollar, you’re getting out of the government’s control and you’re putting your freedom in your hands.

Literally. Yeah, but see, we’re brainwashed to think that you’ve got to be in the banking system right now, you know, I, I think people are wise to keep operating capital in the bank, but to put your nest egg there is foolish. And I don’t care if you’re living hand to mouth. If you got $10 left over at the end of the month and you’re putting everything you have in the bank, you’re going to be in trouble one day. I mean, this is what I think is going to happen. Let’s compare projections. I don’t think the banks, when the, when the collapse comes, are going to take all your money.

I think they’re going to give everybody a big haircut, a high percentage that they’ll keep and you’ll get a little bit so we don’t riot. Wouldn’t it be easier to just have massive inflation and clear the debt instead of having to tax people or take the, take money from people? Yeah, that’s my biggest fear. Right. You can either tax people and then they vote for you and then you’re out next time, right. Next term. Not in California, but any other state, you raise the taxes, you’re out. Right. So I, if I were the government. Right. I’m just saying, I’m just kind of, we’re just spitballing here.

I was the government, I’d want to do it with inflation, I wouldn’t want to do it with taxation. I’d want to do it behind, behind closed doors, like so nobody realizes what the hell is really going on until it’s too late. Right. If you put a direct tax on somebody, they feel it. If you have inflation, 20, 30, 40% a year, they feel it, but they don’t know where the hell it’s coming from. And most people can’t connect the dots to, to realize that it’s the government. They’re going to blame it on some corporation or some, some, some private entity.

Right. You know, people don’t get it too. I mean, some people will say, well, Dave, it’s only 3% inflation. And I go, in 10 years, you’ve got 30% less money and you didn’t do anything to lose it. It’s not like you went to Vegas and gambled it away. But then the other thing is too, is these guys with, with their inflationary processes, you don’t even get the truth. They don’t count the price of food and they don’t count the price of gas. Like you don’t have to drive to work or eat. And, and so when we look at food, inflation was close to 30% at one time with a Lot of goods with Biden.

But that doesn’t show up on the inflation report. No, they don’t measure it. They change the metrics, they change what’s being measured. Food and energy is out of that, out of that metric. Right. And it wasn’t 30, 40 years ago. So, I mean, this is what the government does. This is, this is, this is, this is the whole point here. This is what the government does. Right? The, the, the, the number, the politics, government, it, I, it literally means preservation of the state above all else, 100 of the time. Right. It’s not about helping you, it’s not about being your protector, it’s about how they can feed off you and take from you to preserve themselves.

That’s right. It’s a parasitic system where people that are in office are beholding to the donor class at our expense. That’s ultimately what. I totally agree with you. What about debt repudiation? Is that a possibility? That we just wake up one day and the President says, we’re not paying those debts and the debt goes to zero? Yeah, I mean, I think we’re, we’re doing that again with inflation. Right? I think, I think that’s, it’s easier to do that within, with high inflation than it is with, with, you know, Trump’s not going to come out and say, hey, guys, I, I can’t pay, you know, Social Security now, I got to pay the interest to the Chinese.

You know what I mean? I don’t think that’s ever going to happen. They’re just going to print the money there, right? I mean, they’re not. Austerity is not going to happen. They’re just going to print the money and make things worse. This is why this. Shows like this are important. And I’m not bragging the common sense show. I’m saying any show that covers this material is important because you’re not being taught this and your kids aren’t being taught this in school. And I’m speaking directly to my audience here, and it’s by design. They don’t want you to know.

I mean, I’ll give you example. Inflation is always going to be with us because of the usury fees the Federal Reserve charges to print the money. It’s always going to be 3 to 5% and prices don’t even have to even go up. But they’ve created inflation because they’re charging us to use our own money. And we have, we have a Keynesian system of economics that are, are, you know, our powers that be emulate. Right. And it’s one of the most destructive ones. I mean, I, I’m much more a firm believer in Austrian economics. And that theory, I think that’s a hell of a lot better.

It makes sense. You don’t have to have all these crazy, you know, it just makes sense to me. Right. It’s the Keynesian economic doesn’t make sense. Well, even if the dollar got under control, Congress takes over coining money as they’re supposed to do under the Constitution and they can’t charge anything. Okay. So you’ve got coin money and without, without the inflationary cost and the debt is zero. Okay. You’d still have to have a backing agent which you know is going to be gold. So this is why I don’t get why gold is being pushed more and silver too, to buy.

Because no matter what direction we go as economy, gold and silver are going to be at the center of it. You’d be surprised too, David. I, I just pay, I just had my, did my taxes a month ago. I paid my CPA in gold to do my taxes. I pay my handyman, my eating and H vac guy, my barber, my mechanic. I mean anybody I can, I offer to be pay to pay them in silver or gold or fiat money. I do it all the time. I trade every week I trade with somebody for something, for goods and service.

I mean it’s not like you’re going to go to a Walmart and give them, you know, it has to be like an individual, like someone who owns a store or someone who’s like a lawyer or doctor or there’s accountant, something like that who’s providing a service that you can pay a gold, silver. And you’d be surprised how many people do prefer to be paid in metals. Yeah, I’m hearing that with a lot of things too. Trading services is one thing, like you fix my toilet and I’ll do this service or that kind of. I’m hearing a lot of that.

I’m also hearing a little bit with crypto like that and we’re seeing more acceptance along those lines. But gold and silver. But, and that leads me to this question here. With gold and silver coins, I can honestly see gold and silver coins being the preferred currency over the dollar. When the dollar becomes like the German Vermec did in pre World War II. Absolutely. I mean I could even see a cryptocurrency that’s backed by gold and silver. Right. So you’re not trading in physical coins. Right. Like we were 100, 200 years ago. You’re trading In a currency that is directly correlated with gold and silver holdings that you have or reserves.

That’s so interesting here, but here’s my biggest fear. So we’ve kind of laid the groundwork. Better have gold and silver. Not trust the dollar. Yes, just use the dollar as you need to. But here’s where I go with this, too. Central bank digital currency. How does that factor into what we’re talking about? Well, it looks like it’s probably going to be the next step from fiat currency. That’s what I’m wondering too. Absolutely. I mean, I think, I think we’re going to go, you know, if I had a bet on it, we’d probably go from a fiat to some sort of crypto and, or crypto gold and silver.

Right. I think the going back to gold and silver is going to be the last and the final. But I think there’s a, there’s a possibility we could go from fiat to a cryptocurrency. Right. Imagine if you know how bad they want to get rid of cash, right? Because if they get rid of cash, the government can tax every dollar that you make, right? There’s nothing hidden anymore. If they get rid of cash, you can’t hide anything from the government. Right? I mean, it’s, it’s. Everything’s above, above board. So if everything, if they get rid of cash and they can track and trace everything and tax you on everything, cryptocurrencies is even better.

So people don’t realize they know exactly when you bought it, what you bought it. There’s a ledger that describes every transaction. So it’s like the government, if the government got a hold of that, that’s the blueprint for the economy. I might have an irrational fear here. Let’s say I own $100,000 worth of gold at the time I bought it. It’s now escalated with currency crisis to a million dollars. And then we go on central bank digital currency where they want to tokenize everything. Do you think they could tokenize the gold coins or the gold bullion? I think they’d have a hell of a time doing that.

They’d have to go house to house, literally, wouldn’t they? No, that’s, that’s exactly why they can’t. Because once you own gold and silver, right, you, you send noble gold, the wire transfer. I send you the medals and the bank size and the government’s eyes, the money’s gone, right? It’s not in the bank anymore. It’s, it’s you, you, you converted it into gold and Silver. And you, as a private individual, can trade, barter, use, hold, do whatever you want with it. Right? Right. Government doesn’t know when you know that I paid my accountant in gold or that I, you paid the, the handyman to fix your, your spot in silver.

Right. It’s not something that the government has control over. Now, if you had money in a bank and you sent it through PayPal or Zelle or Venmo, then the government does know exactly what you did and who exactly you paid and when it was paid and how much it was paid. You know, I just, I just had a, a revelation. And it’s okay to tell the host he’s full of crap because I have you on to teach me, but I could actually see where Trump is going with tariffs. Tariffs replace taxes, and now you don’t have central bank digital currency possibilities.

That’s a very, that’s a very good observation. Right. And that’s exactly what he’s like. So we had tariffs. They brought in the income tax to get rid of the tariffs. Right. So now we’re all paying 30, 40 income tax. And now what, we’re gonna have tariffs on top of that? I mean, we’re going to be paying everything to the government or, or to tariffs. Yeah. So the only way the tariffs are going to work is if, is if Trump gets rid of the income tax up to a certain level, like what they did before. Right. To where $200,000 or less, you don’t pay any income tax.

Right. You only, you only pay income tax if you make over 200. Right. Then it would make sense to do the tariffs does. Or else we’re just going to be paying twice. We’re going paying taxes and tariffs. We’re going to be losing with both hands. Well, that’s, it’s genius on his part. The problem is, is time is not on his side. Because if he loses the midterms in the Senate and the House, you know, what he’s trying to do will be greatly impeded. You’re absolutely right. I can’t imagine that happened. I mean, the Democratic Party is, is probably the lowest.

It’s a joke, really. I mean, when you look at the people that are running the Democratic Party, it’s, it’s, it’s a mockery of what it once was. They’re all, they’re, they’re fighting within themselves. They don’t have any clear leader. They don’t have any clear leadership. Right. That’s something. That’s true. That’s true. You know, I had someone ask Me, what did the Democrats stand for? And I said, whatever Trump is for, that that’s their party policy right now. They, they don’t stand for anything. And it’s just, oh, we’re, we’re serving up billionaires. Okay, well, who had the most donations in the last several elections? It was the Democrats.

So don’t give me that. I mean it was nonsense to even say that. Okay, so let me bring this full circle now. You’re with Noble Gold, and I’ve been a happy customer for over seven and a half years now. But I want to share the opportunity with people right now. You can see right now you want to limit your holdings in the bank. Okay, so can talk just for a minute about what you can do with retirements associated with bank like our IRAs and 401ks. A lot of your listeners might not even know, but you’re not stuck in the stock market, right? If you have an IRA or a 401k with an employer, you’re automatically set up to go into the stock market.

But that you’re not limited to that. You can hold precious physical gold and silver in ira. You can hold real estate in an ira. You can hold all sorts of other also alternative assets in an ira. So what we do here at Noble Gold is we get people out of the dollar, out of the stock market. We set up gold and silver IRAs for them. We transfer the money tax and penalty free from their current custodian, their current IRAs that they’re in now, into their new gold and silver IRAs, all tax and penalty free. You don’t have to pay a cent of taxes to do this.

And then we use that, that dollar amount that we have available to tailor a package for you. Whether it’s all gold, all silver, 5050 coins, bars. We tailor a package for everyone. It’s not a one size fits all blanket answer here, right? Exactly. And if I’m not mistaken, I think you have a great tax advantage until you’re 73 and then you have to take it out. That’s exactly right. Yeah. So, so you have, you know, you buy gold. You know, I’ve been, I’ve been here for about as long as you have, Dave. So I’ve been here almost eight years as well.

And when I started it was the price of gold was about twelve hundred dollars an ounce. Hundred dollars an ounce. Amazing. It’s absolutely amazing. So people that now it’s at 3,300, they’ve had all these gains in the market and they haven’t Paid a cent in taxes. And you can do it all tax and penalty free up until you start taking a distribution, which is where you either take delivery of the metals. Right. This is another cool part here, dude. So when you’re in the stock market and you want to take out money, you have to sell the stock and take out the fiat money, the dollars that are worth less and less every year.

Right. You’re forced, there’s no other option. You can’t take delivery of a Tesla stock or an Apple stock. Right. They sell it to cash and give you the cash. When you have a physical gold and silver Iraq, you can take your distributions. You could take your money out of, out of the IRA in your actual metals, in your gold and silver. I FedEx it to your door. I mean, clients do it all the time. I have a lot of clients that are over 72 and a half and they have what’s called a required minimum distribution, which is every year they got to take out between 2 and 7% of their account value every year.

And most money you save up until that point is astronomical. See that again for me. I mean the money that you save up until you’re 73 is astronomical. Absolutely, yeah. Save so much on taxes, it’s incredible. Now, when you do what you’re doing for the retirements of people, don’t you actually put it under their control and take it away from the bank? That’s exactly right. Yeah. So, so we set up a gold and silver IRA with a custodian and then the metals are held at a third party depository in either Dallas, Texas or Newcastle, Delaware. And then we actually, we take it a step further.

We send you actual photos of your metals at the depository where you can actually see your metals and you have access. You can go to Texas, you can go to Delaware and you can audit your account personally and go into the depository. You have that availability. Right. Which totally is separate than if you’re buying like GLD or gold stocks or gold certificates where you just have exposure to the price of gold, you’re only going to get paid out in US dollars and fiat money. You don’t own physical metals. Right. That’s a. People need to understand that too.

When you’re buying paper gold, you’re not really buying gold. Right. You’re not buying physical gold, you’re buying a piece of paper that has exposure to, to the price of gold, but that’s it. And you only can get paid out in dollars. You know, every single one of my clients, their, their IRAs are in physical gold and silver. Actual point. See I, I believe in the old saying, if you can’t hold it, you really don’t own it. That’s, that’s my belief. The. See, I like the idea that the person owns it. So if the bank goes into some kind of financial collapse, they can’t enact Dodd Frank and keep your retirement.

Yeah, that’s a big fear. A lot of people just don’t know this stuff. And then also too with the gold, I know this from working with Noble Gold all these years that when I buy gold or silver, you guys will actually buy it back from me. But I need, if I need to liquidate to pay a bill or something, maybe an unexpected medical expense, you guys will actually buy that back from me. That’s correct. Yeah, absolutely. That’s such a great service and people just don’t know. This is why I’m really glad, Joshua, that you and Colin come on shows like mine to explain this.

It’s just not saying, hey, go invest in Noble Gold. You guys are out there. The general public has taken tremendous risks with your future. My mom, on my mom’s side of the family, we were part of the Ford family. We were cousins to Henry Ford with my ancestors and he sure as hell didn’t tell my relatives what was coming in 1929. And so my mom’s this little toddler and she goes from riches to rags overnight. And the banks held on to everything. They had the bank holiday and it was game over for a lot of Americans.

And that can still happen today. And that’s what people don’t know. I mean we’re going through a bank holiday every day with inflation. Right. I mean it’s, it’s point. That’s, that’s what’s going the, the, the bank holiday. It’s not going to be a one day event. It’s going to be over five years and you got nothing at the end of it. Absolutely. You even have, you know, you barely could realize what was going on because it’s death by a thousand cuts. Yeah, well, we’re offering people here a way to get around that scenario. And I listen, I practice what I preach here.

We don’t market anything on the common sense show that I don’t use. And I’m just telling you right now this is where you want to be. Let me give out some contact information. You can go to davehodgesgold.com put in your email and I’ll send you out a free information packet with Noble Gold’s number on it, but I think we pretty well covered that. I would encourage you to go to the next step and call 877-646-5347. If you’re watching this or listening this on social media, this will be in the description box. But again, it’s 877-646-5347 and tell them I told you to call.

And I’m telling it’d be the most important call you make because I would never leave my heart and soul with the banks. The banks are dirty. Sorry, that’s just the way it is. Jesus walked through the temple and kicked out the bankers. There’s biblical precedent for me saying that. Joshua, first time visitor on the Common Sense Show. You knocked it out of the park today. You did. You did awesome. We love having Colin. I absolutely love Colin. But you knocked it out of the park today. This was really good and I think we probably helped a lot of people.

I really appreciate that. Well, thanks for coming on, ladies and gentlemen. Stay tuned. There’ll be more. But, hey, you learned a lot here, courtesy of Noble Gold. Thanks so much for joining us again. 877-646-5347. Thanks so much, Joshua. Great job.
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