 So joining us on the show right now Colin plume who is CEO of noble gold a company that has sponsored this channels for years now those of you have watched it for a while know that and I have to just let him know that I endlessly appreciate this and by the way One of the reasons that we've stuck with double gold so long is that they are one of the best? Gold IRA companies out there if not the best and you don't have to take my word for it Go out and check a business insiders latest top gold companies of 2023 and just their Google reviews Which are impeccable? I think if you go check it out right now. It's sitting at five stars So thanks for taking the time and coming to talk with us. Yeah. No, thank you so much No, I it's we work hard for those reviews and no, but thank you for mentioning that and Yeah, it's been it's been a few years a lot's happened You know new administration The dollars talk you know people are saying they should replace the dollar I mean, there's just so much happening out there in the economy So I'm excited to dive in today, right? Yeah, and and to that point According to the news out there the dollar Having lost 85% of its value now since the 70s Which just happens to be when the dollar was decoupled from gold Right and with the government as always especially the Biden administration spending and printing money And they just seem bent on continuing this tradition And it's bound to end badly with inflation rising higher and higher Given that environment, you know, can you help us break down with noble gold? Investments is offering and how it can help my viewers. Yeah, I mean well, let's talk I mean we're at war. So I mean there's there's the dollar inflation before You know, we went into this war. We we had heavy inflation inflation hit almost nine percent. Yep And so we're in a spending spree, right where you just continue to spend and spend and spend You know this this recent time where they raised the debt ceiling And it's a big joke because they they come and you know, the Republicans actually had a good plan to make some substantial cuts on spending and Basically 99% of it gets thrown out. There's a few minor changes in there They they pulled back a little bit on the amount of IRS agents There was a few minor spending cuts There but overall, you know, the big chunks of the spending They didn't even tackle at all and then they sort of gave themselves a runway to to go for two more years So they're not even gonna have this conversation for another two years in terms of the debt ceiling So they gave themselves on a big big way to to continue to spend money and and Put us in more debt as a country and you know, if anybody ever goes to that debt clock website It's quite scary how fast The amount of debt you and I And everyone else on the show How much we owe in the big picture of things that's and that's our our big problem as a country is and in most Problems as countries today is that they just can't get their spending under control And you know for a number of different reasons politicians wanting to get reelected people living longer I mean at the end of the day like, you know people living 10 15 20 30 years longer Obviously is gonna have an effect on your economy. Yeah, so you have to address a lot of these issues But we just seem to just kick the can down the street every time in terms of spending Yeah, and it's just it's it's a house of cars that is inevitably it's not gonna end well and to that point we keep hearing about bynomics and the Biden administration continuing to claim that inflation's coming down don't worry it's no big deal and yet this despite the fact that when you go out Grocery shopping or whatever it is everybody could see the prices are still sky-high and when you look at polling The most recent polling it's got I believe something like 65 percent of Americans are Feeling this economic pain and then you know the the Biden administration goes out and they do these press conferences And they say no no no it's it's really good and people just don't know it They just don't know anybody so should people trust this or is inflation still a threat? Do you think well? I think the last inflation report was just under 5% Which is it's still high compared to where we've been for for about 20 years. I I think I don't believe we'll get back to 2% anytime soon, which is the feds sort of mandate Also, what's on the table next month? They've talked about them raising interest rates again, which is really hurt us I mean even Jerome Palace said that he knows that these high interest rates are slowing down the economy He knows it affects a lot of people And we're seeing layoffs in the worst areas and I know they if it Biden administration will say that unemployment is low 4% but if you really look at the jobs that people want these are 60,000 to $300,000 a year jobs Those are getting cut all those a lot of those tech jobs got cut at a lot of the big companies Ford is actually considering firing a thousand engineers There's a lot of big corporations that are cutting those the jobs that people want So yeah, you have your hospitality jobs that are making a minimum wage or a little bit above that people are getting hired for But skilled jobs with with tenure Those are jobs that are really getting replaced right now and they're not growing and I think it's a lot of us because you know These corporations they don't know when we're gonna get out of this hole They don't know how long it's gonna be in this situation and and they are affected by high interest rates also So I think that there's Jeff definitely a feeling out there of people being nervous and not knowing what to do from Corporations to individuals. I don't know if you saw this but 34% People's portfolios millionaires right now is sitting in cash. It's the highest. It's been in almost 15. That is wild People are sitting in the the worst performing asset Available in the world cash or a cash alternative, you know, maybe a money market making 3% or whatever it is But but that's how nervous people are that even the wealthiest, you know, these are the top, you know One to three percent even they're sitting in cash. So you could you imagine a corporation? I mean, they're they're definitely gonna do layoffs They're definitely afraid. Yeah, and and they don't know where the runway is and so that's that's a big problem for our economy And then and then the idea that these wealthy Americans Would be willing to resort to sitting in cash. I mean, it seems so silly To be a cab in gold silver, you know, gold's in the 1900s silver's in the low 20s Great buying opportunities in my opinion to sit in cash to make two three percent With it with a significant amount of their portfolios just shows that they don't feel comfortable with the stock market They don't feel comfortable with typical investments like bonds They're just waiting to see if anything kind of turns and then hopefully they'll divest some of that money into into the market But you can't you can't sustain your way of life Keeping money in cash with what the way that we deal with it, you know, 20 years ago 30 years ago when you can get a decent return in the CD or something in a bank and made sense But nowadays, you know, it doesn't make any sense So the fact that all of these wealthy people are so afraid that they're sitting in cash is really telling of what's happening in the economy Right. Absolutely. Yeah, and you know, we've been hearing about gold prices and Precious metals prices going up You know, why is that what like when we talk about the dollar and why it's so dangerous The reason is because the value, you know, it's fluctuating Constantly and the dollar, you know, isn't as You know, you can't depend on it as much at least right now as you used to be able to You know, so why is it that? You know gold silver and other precious metals. What makes those so trustworthy and well, I think when you yeah And I think, you know, if you go back to the last year and a half the dollar with rising interest of dollars actually been very strong So the dollar has been relatively strong That's why it's been fascinating to see gold go up because usually it's the other way around, right? You'd see the dollar going down and gold going up But actually what's really been happening is the dollar has been very strong and going up because of high interest rates and Gold has been going up. It's a very unique situation that we've been over the last 12 months But the reason that you see people going into gold is they're fleeing Investments, they don't feel comfortable with so for instance, you know, two three months ago You had some major banks go out of business That had to get you know, bought out and so people were just thinking themselves like what if I'm stuck in one of these banks and The FDIC doesn't doesn't come in and bail them out And yes, they were able to in these specific situations But if we see more of the larger banks go out of business There's not going to be there's not enough money in the reserves of the FDIC to bail out all of these big banks They only have a hundred to a hundred ten billion dollars If you saw some of these larger banks go out of business, we would we would be in a very bad situation So that's one of the reasons I think this year alone Investors have been moving out of their Typical banks typical relationships getting some physical gold because they go hey, you know what I'll get out of the bank I'll buy gold. I'll hold it. I don't have to worry about what's going on in the bank. I'm in control of it I'm in charge of my own destiny and so a lot of people over those You know month or two when the banks were having problems we're doing now. I think there's more banks to follow There's more medium Small banks credit unions are gonna have a lot of problems this year because how does how does a bank make money? Right in today's environment. They don't charge fees, right? So how do they make money? They need deposits well people are pulling deposits So they need money to lend money So the ways that they make money is deposits and then they lend the money or they invest it So they go out and invest the money people are pulling deposits. So medium-sized banks are struggling number two They make money on loans. Well, there's no home loans right now the markets totally, you know There's so few people buying new homes. So they lost that revenue stream. There's car loans Some people are still buying cars, but the rates are high. So people are being pretty cautious on buying cars So a two or three of their main income streams are really struggling right now and they're not doing well there So I I do believe that there's more banks to follow this year And it is a sad situation when you see these banks now If you look at how many banks we have in the US, we don't have that many banks comparatively to 20 years ago During when the the banking crisis happened in 2009, we had 21,000 banks in this country. We have 4,300 banks, right? So we've already had a lot of banks go out of business or get bought up or whatever it is There is not that many banks and that's not good. That's a monopoly We're becoming a monopoly in the banking world and that's not a good thing. That's not safe You need to have funds dispersed in a lot of different areas to have that layer of protection So it's we're running into a unique situation in our economy where banks that we thought would be around forever Are really struggling and not doing well. I mean first Republic Bank That's a pretty big bank that went out of business and it's a very high net worth individuals that had cash sitting there You would have thought they did great, but they obviously struggled Silicon Valley Bank, you know, obviously made some bad bets some bad decisions and then you had that the other bank I can't think of the name of the one that cryptocurrency bank that was really focused It made sense that they went out of business. Obviously, they were lending money to crypto companies and exchanges and things of that nature So they sort of ran into a problem But I think the idea of a lot of the money in this world is moving into the same Institutions it does make it a little precarious and a little scary to have so much of that control In the hands in and much less amount of people Right and You know it when it comes to my viewers and people who might you know have $10,000, you know laying around they want to invest that and They want to come to you to do that. What would you recommend they invest that into people? I think when they think about Investing into this they think of you know numbers on a piece of paper that they're that they're buying But you can invest into an IRA a Roth a 401k shit, and there's you know tangible actual coins Yeah, well anything we sell is tangible investment So whether you do it in an IRA or whether you do it direct or however you're shipping your doorstep You're buying these items whether it's stored in a depository. We ship it to you That's determined by whether it's an IRA or not, but you're buying the same stuff. It's all segregated So whether you're buying coins or bars from us, it's all it's all the same item you know, I think today, you know, it's sort of a General statement that being diversified is really important right now. I think that's What I've always tried to focus on is you never know what investments gonna be up when you need it at retirement So people over the last few years that had all their net worth in the stock market are furious because They are liquidating their stocks to live on at a value that was much lower than where it was a year or two years ago So that's not good Because everybody builds their strategy for retirement based on having a certain amount of different investments If you had something gold and silver of last year or two and you had some of the stock market Gold shooting up breaking through 2000 and you go, hey, I got to fix the car I got to pay a rent or maybe you sell some of that gold at 2050 and and then you're not selling your stocks at a depressed value So that's why having that pie and having the different investments, you know Another example is real estate, you know, we're talking about how the loans are really high If you had all your net worth of real estate right now and you need in money You are furious because you're having to sell your property at a lower value than it was a year and a half ago, right? So having liquidity and having different assets During time economic times and these always happen. This isn't like abnormal Every seven to ten years of stock market collapses. This bull market was a little bit longer This was about a 12 year bull market. But generally speaking What we're seeing is is normal. You're gonna have two to three years of a recession or something worse And then typically hopefully we figure it out and things get better and then things start to pick up But having that flexibility during that time period is really important because you know For some people that retired a year and a half ago, they had this whole plan ahead of them Hey, I'll sell a little bit of stocks each year to live on well They're selling those stocks at 20 30 percent where they were in the past. So That doesn't help you in in retirement So I know you're a busy guy con and I'm gonna wrap this up here soon But I can tell you that my audience is definitely interested in this I get emails all the time people asking me Uh, oh, you know, what what happens? How do I do this when I call it? And I always just send them to the number I said them to the lake or to the number because I'm not really sure So could you maybe just give a quick breakdown of if somebody? Calls the number eight seven seven six four six five three four seven or goes to noble gold investments calm What is the first step? What is the process? How is that gonna go? Yeah So they're gonna get transferred to a customer service rep and that customer service rep has a whole team underneath them Basically their job is to field your questions Answer all the questions you have spent as much time as you need and people to spend 10 minutes Sometimes they spend an hour on the phone with us and you're gonna talk to a live person here in the US You're gonna talk to a real person So you're gonna talk to them and you're gonna have some high-level questions and then they may ask you some questions They may ask you about what you know or what interests or what had you interested They and you're gonna have a conversation with someone that is a real person that owns gold and silver That believes in it and the ages range, you know Our customer service reps are anywhere from 25 to the oldest is my father who came out of retirement He's 70 years old. Oh, that's great. He's a Vietnam vet and he Is a bad golfer and didn't want to retire. He's a horrible. No, he's not horrible He's actually a decent golfer, but he doesn't like golf likes to work likes likes it So he's even he gets up and talks to people and basically you're having a conversation is what you're doing You're gonna learn about it. You're gonna talk to somebody that's honest And they're gonna give you the real deal on this on this industry and they're gonna talk to you about the products They're gonna talk to you about gold and silver And they're gonna give you the different products now what we've done a noble goal investments We've streamlined it to make it easier because there are companies right now that have 10,000 products on their website How would anybody know what especially new getting into it? So we basically sell between 10 and maybe 25 products Gold silver platinum plating bars and coins stuff like this We sell the stuff that has the highest weight and the highest purity So we're going to go through some of the options of things that we sell and why why are we selling these items? Why do we think you should buy these items? But you decide What items you're going to buy and what amount how much gold have a silver We're going to send you some free guides. You're going to call us back You know, we we want people to digest this and and kind of Uh get really comfortable with with what they're doing And then once they're ready to buy if they're doing an IRA, we're going to walk you through the paperwork Everything is online. We can do it online for it. It's all through docusign If they're just doing a direct investment, we're going to go through the options Send a wire in once we get the wire our goal is to send that metal to you within seven to 10 days Um, and so that's our goal is get it out quick Comes in a nondescript package. No one's going to know what you're going to receive You're going to sign for the package open it Verify it authenticate it make sure it's absolutely everything that you purchased And then you'll shoot us an email or a call. Let us know that you got everything in good order You can read about our reviews online. We take uh our shipping very serious. We take our product very serious We only ship out high quality product And and we guarantee it if anything is in there that that isn't good or you know, it's not perfect We'll fix it and and so that's basically what we've done. I've been in the business for almost 14 years Noble little investment's been around almost eight years So and everything that we've done is is built in that fashion And we are the largest gold IRA company in the country. We do more IRAs than anybody We've been doing that for the last two years And we also ship millions and millions of dollars a month Of gold and silver to to uh to people's doorstep. So we knew a little bit of both Well, yeah, I mean and I've really enjoyed working with you guys for years now And while as always there are no guarantees in any of this I think that you're gonna get your best bet going with noble gold and uh, just One more quick question, you know, you mentioned that um, that you know, they're gonna walk you through it They're gonna they're gonna tell you while they're not gonna tell you what to buy They're gonna tell you they're gonna give you the best information on you know They're gonna direct you to the best possible Well, we have the data of what people are buying. So basically we're you're gonna go. Hey, what what are people buying? We're gonna go. Well, a lot of people are buying these coins are a lot of but this part and you're gonna decide You know what you want, but we'll tell you we'll give you the information of what people are buying from us Very heavy on silver right now Heavy on gold and actually platinum Over the last six months has been a lot of people have been buying platinum because they're putting it in catalytic converters again So a lot of people have been talking about platinum. So that's something on the radar too, but ultimately You're gonna have time digest And you're and I promise you you're gonna talk to someone that you like and you enjoy and uh, And that's what it's all about. We we're old school. I know everybody's going to ai and everyone's going this We're not we're people you're talking to people live Uh, I think when you're making a financial decision, you want to talk to a live person So we're always going to have live people uh that you can talk to on the phone. Oh, yeah, that's great I cannot stand talking to ai chat bot. It's the most infuriating thing you could ever do and uh, so but Yeah, just one last thing on you know, just the value of precious metals staying consistent Uh, the world that we live in is only going to increasingly need these precious metals And you're seeing it all around you with electric cars and just electronics processors These things are always going to be needed. Uh, and so, you know, that value is going to be there That's how I know that that's what uh makes me feel good about this sort of investment So me too. Yeah. Yeah, and and and an investment you want to look at What's the future demand? Right? I mean, I think that's really important when you're investing in a company You do the same thing, right? You're going to go. Hey, I'm going to invest in this company You know, I think one example I always think about is um bedbath and beyond, you know, they went bankrupt And um, you know, you walk into a bedbath of money. You go, oh, there's nobody in here This place is that you knew they were going down, right? Uh, when you're looking at investment like golden silver, you're going, okay Let's look at the uses of these metals. Where where where's the future going? And I think you will realize that that these metals have a future Where we're going these aren't like metals that are going away anytime soon And obviously there's more rare metals and you know, there's china That's kind of trying to conquer the world and they they have a lot of these precious Metals and different things all over the world But these are metals that we can acquire. These are things that are in high demand And these are things that are used every day in in industry And I think that's really important and investment is that you want something that's going to have that continual Use yeah, and I and I do believe as far as you know, china's kind of iron grip on precious metals I do believe australia is kind of challenging them on that right now Correct and so that that uh paradigm may be changing here pretty soon And especially with you know, it's not going to just be taiwan manufacturing these processors It's going to be australia. It's going to be america. You know, we have the right here in ohio. We're building the largest processor Factory in the world. I believe right now. So big things are coming along those lines Yeah, I gotta love love ohio. They really it's that's the That's the strong part of this country is like that's where a lot of the things have some of the best hospitals in the world In ohio. I mean, there's a lot of great things happening. I go to ohio works twice a year. It's great I love it there Great food great people. So but yeah, if anybody wants to learn about what we do at noblegold investments, give us a call Call the phone number 877-646-5347 Or you can check out the website, you know, either way if you don't want to talk to a live person Yep, and uh, as always you can get the uh, link in the description or pin comment of any video That I run the uh at noblegold ads in so, uh, hey and