The Real Money Show
The Real Money Show - December 12th 2015
and welcome to the Real Money Show 18778 Silver is the number to start investing right now guildhallwealth.com make sure you sign up for the precious metal advisor and a couple things going on holiday specials I should remind you like we did last week when you invest $5,000 U.S. in a other registered account the E store depository in precious metals you will get a gram of gold courtesy of Guild Hall so take advantage of that as soon as you can Jeremy's here Paul you're here guys it's let's get going right off the other week there was the the roundup if you will Jeremy so I guess we'll start with what I don't want to talk about at all which is the Fed rate hike BS circus that's going on where everyone believes they're going to raise it I know but you have to you have to address it the fact is the reason I'm bringing it up is because here we are we're taping the show on Friday you're hearing this a day later or two days later if you're listening on Sunday and of course the Dow Jones is off by over close to 300 points by the time we finish taping they'll probably be up a little bit down on the day maybe 200 points even 175 245 right here here's what I find humorous about this all is that is that everyone knows about the plunge protection team and believes it so we know that that the the Fed can move the market any way it wants so if it wants to not raise rates they can tank the market today and say well things have changed we've changed our mind because things have changed also you know there was an article out this week last week rather that said if the Fed wanted to raise the rates they'd have to come up with another 800 billion dollars which was bigger than the first QE so you know it's not really plausible for them to do it and then unless you're listening to someone like Peter Schiff who says the only reason they'll do it is is for pure ego so you know the fact is is that the economy is not good and so we see people moving into precious metals because they don't feel comfortable putting money into the stock market anymore stock market has been peaking out for several years in Canada we're already in a recession if the US doesn't want to admit they're in a recession that's fine but they're damn well close to it so people are very are starting to really gear their portfolios to protection and security and gold and silver are that insurance they are that edge against stock market devaluations and again you're looking for value you you want to find something that is less expensive and that has an opportunity to grow and we see that with precious metals in the last few weeks what we've noticed is that bigger buyers have been coming out as the price has come down a little bit we're seeing still strong movement into the RSPs because that's where people have to put money into a stock market and you know you can put it into a GIC and maybe get three four percent you're not beating inflation but you know you can pay to store gold for just over one percent a year over 10 years even if it comes out to you know 12 and a half percent to store your product over the next 10 years do you think gold could be significantly higher in 10 years when you look at it in that perspective it becomes a very low cost so we see a lot of people moving into precious metals to be defensive we're also seeing a lot of silver stocking stuffers we're seeing a lot of people deciding you know what forget the socks forget the sweaters i'm going to give my son i'm going to give my daughters some silver in their stocking this year get them learning about precious metals which is really cool so we offer the combo packages at the guildhall easter basically just log on you go to guildhallwealth.com the top right corner it'll say shop now with that that shopping cart click there and you can go to the easter and pick up some product we just got some more one ounce bars available which is a very popular product for those stocking stuffers as well as the 10 ounce bars which are in in my opinion the best stocking stuffers well you can get in as low as you know this the combo one starts off for 22 ounces we then have a 50 ounce package a hundred ounce package and a 200 ounce package so you can get in for you know just over 300 dollars us go up to 3000 us you know if that's what you want to do but the thing that i'm i'm kind of excited about this week and we as we were driving into the show today we're talking about diamonds you know which is one of my favorite subjects i paid a bill today all of our diamonds are purchased in us dollars it cost me 1.37 and and a bit to pay for that product now 18 months ago two years ago it was par so when you're buying a diamond today or if you purchase a diamond from guildhall 18 months ago two years ago basically you're up 37 percent just on currency without the value of the diamond even going up now fancy color diamonds go up between 68 percent a year they're on you know they're on the lower color range intense they're moving up between 14 to 18 percent vivids are going between 25 to 30 pinks are moving up an average of about 35 percent a year those on the argyle pinks are even going higher so not only have you made 37 percent on your money in two years on the currency you've made that increase on a diamond as of january one we're going to get all of our diamonds reappraised that are on the website i can assure you diamonds will be up a minimum if we haven't changed the price this year alone the canadian dollar is down 16 percent against the can against the us dollar so every diamond on that website will be up at least 16 percent so it's an ideal opportunity to buy go to our website guildhall diamonds look at a diamond you can get into an internally flawless fancy yellow for round about 15 thousand dollars you can get into an intense for round about 25 26 thousand dollars you can get into a vivid which is you know the top of the line internally flawless from around about 45 to 50 thousand dollars we're also giving a beautiful set of diamond studs with every purchase of over 25 thousand dollars on the diamond website it's just the best value that i can see out there right now is natural fancy color diamonds in november we were in new york for the argyle tender now there's 55 of the argyle's best stones that they produce every year it doesn't mean clarity wise it's the best clarity but it's the best color there was 55 pinks this year there was about 11 vs quality and that's the only quality that we sell this vs which means very slight inclusions we bid on six of those diamonds 35 to 40 percent more than we did the year before we never won one diamond so if you're looking at an investment argyle pinks tend to go up about 35 percent a year the mine is closing in 2018 when that mine shuts down there is not going to be any more availability in the quantity that's out there right now the mine produces 90 percent of the world's diamonds the argyle mine pinks but that's only one tenth of one percent of their total production it's owned by rio tinto all the commodity miners are in trouble right now and they're looking to cut production cut everything whether it's iron ore whether it's copper whether it's any type of metal and especially on the diamond mining they are cutting back so we expect the price of color diamonds to go through the roof in the new year this is a great opportunity give us a call come to the office we'll give you a private interview we'll show you a collection we will fit your budget you don't have to you know pick out a diamond the diamond is going to pick you because that's what always happens we have a great collection of pinks a superb collection of yellows this is the time to get into the market put something away if you're looking for retirement you know whether it's five ten fifteen years down the road if you're looking to put your kids through university what a great way to buy a diamond a pink for fifty thousand dollars and you know in ten years time that diamond could easily be worth a hundred and fifty thousand dollars could be worth two hundred thousand dollars with the way the market is going right now it's a great opportunity give us a call one eight seven seven eight silver is a number guild hall diamonds dot com Jeremy a little bit uh a little bit back paul is getting into exchange rates right with precious metals yeah and just before we talk about exchange rates with precious metals i think it is important to note that right now the prices for for natural fancy color diamonds are based on the replacement costs that we've been using over the last year and some of the diamonds we've had for you know eight months or whatnot so we base the price prices on replacement value so what paul's talking about earlier saying well in january we're going to reset everything to where the replacement cost is now which means diamond values are going to go up as a result so it is a great time to get involved in the market because you can essentially get that built-in equity right away now as well we do have a couple other pinks that aren't on the website right now paul i don't know exactly what they are but i know we've got at least two that are not on the site that people can call in to discuss i think they're around just over a quarter carat is that right yeah correct this you know we have a couple of round diamonds beautiful colors and pinks we actually sold this week uh point four one pink a point three two round pink they're going very quickly people are getting to understand this market they listen to the show they start reading up on information you know we have a blog information that goes out virtually every week every other week on natural fancy color diamonds telling you what's happening in the market savvy investors have known about natural fancy color diamonds you know forever for the last 40 years since they've been keeping records they've never ever dropped in price when you sell quality it's i always you know when i'm talking to a client except you know if they're in Florida or California or in Arizona i always say to them would you sell me your house for what you paid for it and the answer is always no and you have to treat a diamond the same way if you buy top of the line top of the quality product it's going to increase in value a minimum of eight to ten percent a year with the currency the way it is right now the dollar could easily go to a dollar sixty two that's going to make the diamond even more valuable i don't see the Canadian dollar going back to power for a long long time you know we're not you know that's strong we were in a recession the u.s is going into a recession they're fighting it they're giving out more BS there's more smoke and mirrors it's it really is you know the emperor has got no clothes like the Wizard of Oz well you know we're talking about yellow is she gonna put up into is she gonna put it up it's maybe she will maybe she won't i mean this was the same thing with Bernanke are they gonna taper are they gonna stop buying the crap bonds are they gonna do you know what a load of nonsense you know since Obama's been in power which is you know seven years close to seven years the debt has gone from six trillion dollars to eighteen close to nineteen trillion dollars in debt for everybody out there that wants to know what a trillion dollars looks like if you go back to biblical times we're getting near to christmas if you spend a million dollars a day since christ was born you wouldn't have gone through a trillion dollars if you take a football the u.s football field and get a skid a pallet hundred dollar bills two pallets high throw the white house on top and you'll come to a trillion dollars 18 trillion dollars is almost impossible to pay back yet Obama has increased that by 12 trillion in seven years and it's gonna get worse it cannot be paid back and this all they do is make the u.s dollar stronger which is absolute nonsense against all the other currencies the other countries are puppets when it comes to the u.s the u.s is confiscating everybody's wealth by just send the dollar stronger look what they're doing right now to oil oil is trading at thirty six dollars a barrel Saudi Arabia can't afford to sell oil at thirty six dollars a barrel Iran can't wait to push more oil out four million barrels a day but Saudi Arabia needs eighty dollars a day so what do they need at eighty dollars a barrel they have to produce two and a half times as much at thirty six dollars so it's flooding the market it's bringing the prices down we've had cheap oil the car industry's done very well for seven years it was in the dumper it got bailed out it's in trouble right now car debt on new cars the bad debt is increasing all the time it's back to subprime you need to have hard investments hard assets in your portfolio the best thing you can hold hold right now is gold and silver undervalued completely undervalued and a natural fancy colored diamond get into the market now whether you want to take the product home if you want to buy gold and silver take it home you want to buy some stock and stuffers take it home you want to put it in a depository that's safe secure segregated allocated where we give you the bar numbers you can put it into our depository you can put in you know 500 ounces weighs about 35 pound but you can sell that on a phone call you don't have to lug that home or put it in a safe deposit box you can buy an RSP a TFSA we now work with quest trade and you can put in your portfolio gold and silver we give you the bar numbers it's out of the banking system when you go and buy gold and silver with Guildhall it's in the depository we give you the bar numbers you want to go visit it you could go visit it how much more secure can you be this is a great time to be buying gold silver natural fancy colored diamonds i don't want to keep coming on the radio i'm beating everybody over the head you know but that's what you should be doing stock market has done very well real estate has done pretty well in Toronto not so well in Calgary anymore they're getting beat up because of the oil it could be coming to Toronto we're overbuilt there's a bubble where are you going to put your money you put it in the bank you're getting no interest you put it in the stock market you may get a dividend of three four percent but what happens when the market comes crashing down 30 40 percent what good is three and a half percent when you've lost 40 percent of your money own some gold and silver do it now wish you had a little passion behind your words Paul i got just of course get excited yeah one eight seven seven eight silver is the number guildhallwealth.com lots more of the real money show coming up right here talk radio am 640 the real money show on talk radio am 640 to start investing starts with the phone call very simple one eight seven seven eight silver online to guildhallwealth.com you can invest using your rsp and other secured funds registered funds and check out the east door while you're there in fact through the east door as well depository and your rsp when you invest five thousand dollars us in precious metal you will get a gram of gold courtesy of guildhall let's get back to what we had started to to get brewing in the first segment german as exchange rates right yes so when people are looking at at purchasing precious metals um there's a few things that they're looking at and and what what we hear sometimes we're starting to hear a little bit more actually is the exchange rate a lot of people are upset about the current exchange rate it's ruining their their holiday plans to florida etc and they they will tend to say well i'm gonna wait until the exchange rate gets better before i buy precious metals this is very interesting because one of the reasons you're buying precious metals is to hedge against a declining dollar and so just to just to digress for a moment talking about the us dollar the us has a problem they want to maintain a very strong dollar on the one hand to maintain the world reserve currency status and on the other hand a strong dollar is really bad for business if your economy is tanking what you want is a low dollar so that you can export your goods and people will want to buy stuff from you so to american's great let's go shop in canada but to their companies there's no one buying from them so it's a problem this is why every country around the globe is devaluing their currency this is why you want to own gold for devaluing currencies so if we look at gold and silver purely in canadian terms and take out the us dollar from the equation gold and silver are currently on the rise and for people who take an attitude of well i want to see what's going to happen the prices are rising example if you look at russia at the earlier part of this year when the ruble got attacked and started coming down rapidly you either owned gold to protect against that declining currency or you didn't if you're living in brazil you either owned gold before the real went down or you didn't if you were in argentina when the currency collapsed in the 90s or while it's collapsing today you either own gold as a protection against that or you don't the fact is is those who have held gold and silver over the last year in pressure if they've held precious metals they've hedged against a declining 30 percent currency of the canadian dollar so this is not about buying something out of the us it's not about buying the american dollar we're not doing that we're but we're exchanging our canadian dollars for silver today the spot price of silver is in the 19 dollar range for for in canadian dollars it's not fourteen dollars as it is in the us it's 19 dollars it's up you you want to buy it while it's still cheap it's still cheap you can buy silver for less than twenty four dollars an ounce canadian and you have to think about where this is going to go the well also what happens if if we're talking you know silver 19 dollars canadian if the us dollar gets beaten up which it will do eventually then the price of silver is going to move up anyway you're going to be protected and that's what's happening exactly and and look at what's happening today this is a perfect example for anyone who wants to understand this market the Dow has come off they've got major issues going on in the us so let's hit gold and silver as well because we don't want that canary in the coal mine to indicate and be a barometer of what's actually happening which is the economy's turning over so next week whatever happens with the with the the fed rate it doesn't matter you can't gain anything by looking at a price chart in precious metals you have to look at the fundamentals one eight seven seven eight silver online to guildhallwealth.com make sure you can check out how you use your rsp and the east door as well Paul well you know again we're giving a little bit of a bonus as christmas time is holiday time when you purchase five thousand dollars us whether you buy it from the east door put it in take it home put it in the depository whether you buy an rsp a tfsa any one of the pension plans we will give you a one gram of gold when you place an order for five thousand dollars us and we've been giving away lots of grams of gold to our clients which is just a further incentive you know to give away a stocking stuff as a gram gram of gold you know it's forty odd forty two forty three dollars in value us so it's a nice little gift to give away this is a great great time to be buying gold and silver as i said earlier i think the US dollar is still going to be strong against Canadian currencies whether against the euro the euro is actual fact is up three and a half cents um since uh drug he announced last week that he you know he's going to do a little bit of uh quantitative easing and and doing some other things but if you look why is the US dollar so strong i mean it's the best house on the worst street when you look at all the currencies japan for example i mean you know it's zero it costs you money to leave your money in the bank and these countries it's costing you now never mind look what happened has anybody heard about cypress has anybody heard about greasladely all of a sudden they're doing so wonderful they're out of trouble they're doing great business it's off the front page it's buried somewhere in the back page they've still got many lots of problems in europe there's lots of problems in the states i mean look at you know if we talk about politics look at trump i mean you know this guy shouldn't be you know leading the republican party but he's again the best of the worst bunch i mean you've got 14 people that haven't got a clue don't know how to run a business don't know how to get a country out of trouble so they follow him his statements trump statements are just ridiculous but people will follow people are heard people follow follow this is a great time to be the opposite of following getting into the stock market you know putting your money into cash you should be buying gold silver you should be buying a natural fancy color diamond because this is going to protect your capital it's going to protect because when the stock market comes off and i've seen it i've been in this business a long time you're going to see that 30 to 40 percent smash down we've had it in gold and silver silver's down 60 percent gold's down 40 percent but we're still selling product smart people out there are buying we're selling more product today than we did a month ago two months ago six months ago and you know we've been in the business and silver was trading at three dollars and 80 cents even if it's trading at fourteen dollars today us if you would have bought it ten twelve years ago at three eighty you're still up a chunk two hundred and fifty percent i don't know how many other returns out there that give you two hundred and fifty percent you just got to be patient when you buy gold and silver you just have to be patient sit on it and you're going to make money one eight seven seven eight silver gildhallwealth.com precious metal advisor rsp easter all kinds of options are i love the uh wait in c attitude that you discussed Jeremy as well yeah so we're basically we're seeing a couple reasons why people will give for not getting involved in the market and that is i don't like the exchange rate okay we've quickly discussed that you're not buying an exchange rate you're converting your canadian fiat into into something that hedges against collapsing currencies they're going to print another ten billion dollars in canada that's not good for the currency and if you lower rates again that's not good for the currency so so we don't this is just my opinion but i don't feel that the canadian dollar is going to be getting stronger anytime soon so this is why you want to find that hedge another another thing that will will tend to stop people from getting involved in the market is is this idea of wait and see and personally i find this a bit complacent because unfortunately we're not going to gain anything by looking at a stock at a chart of silver there's just nothing to gain from that case in point any major analyst in this market has been unable to call a bottom in the market you can't call a market or look at a chart in a manipulated market and hope to to gain some insight it's just not going to happen and then the other problem with a wait and see attitude is are we going to wait to see if it goes down because if it goes down now we're stuck with how long is a piece of string should i wait for it to go lower if it starts to move up it's well now i'll buy it when it comes back down well what if it starts going more higher then it's well now i've got to wait for some other reason in which case by the time exactly it's it's so it can be a complacent attitude in the sense that you really have to know the fundamentals you want to have the courage and the strength of your conviction of why you're buying this product in the first place and this is why the fundamentals of the market are so important as to why you're buying into the market and i got to tell you when it comes to fundamentals everyone understands it perfectly you don't have to be a stock market wizard to understand fundamentals our currency's going to get stronger what makes a currency strong right if you print more money all the time you're making your currency weaker and that's what every country around the globe is doing right now so the dollars are only going to get weaker you want to you want to look at what the result of that is tensions the tensions between china us between russia and europe between every country that's jockeying for a lower dollar is coming up with more tensions china just dumped a whole lot of us dollars recently and so you end up with a lot of tensions and this geopolitical unrest is one of the reasons why you want to own gold and silver because you just don't know what can happen and of course there's supply and demand and this is where the chart will absolutely 100 not tell you anything on the comics they're trading over 300 ounces of paper for every ounce of gold and and every ounce of silver it's ridiculous they're trading more product on on the exchange and they can pull out of the ground in a year so the supply demand on paper doesn't make any sense at all but if you look at the fact that in silver for example there's less than a billion ounces above ground there's less than they they mine about half a billion a year which all gets used you can barely you can't recycle product that comes out of a cell phone right so it's not like the old days where you could recycle photography or whatnot it's all getting used it's all being put into refrigerators and cars and being bought by those in china and india the fact is there's seven billion people on the planet and there's less than a billion ounces of silver so someone is not going to get their share and when you start to look at the fundamentals you start to see that this is so fundamentally undervalued that it is such an opportunity to buy into this market and so you've got two amazing reasons to be involved you've got the opportunity of it being completely undervalued and a lot of that has to do with the us has tried to kill the messenger right let's get rid of the the the tweety bird so that they can't see that there's a problem with the currency and the other is is that people understand that there are problems out there and they want to defend themselves so not only do we have the opportunity to protect ourselves but we have an opportunity to do it at a great great price one eight seven seven eight silver online to guildhall wealth calm precious metal advisor the investor kit and reminder again your holiday special when investing five thousand us three rsp the store depository you will get one gram of gold courtesy of guildhall diamonds as well spend twenty five thousand dollars or more on a natural fancy color diamond colored diamonds by the way you'll get a set of diamond studs to go along with perfect for the holidays lots more on that and diamonds as we continue on the real money show on talk radio am six forty the real money show on talk radio am six forty one eight seven seven eight silver online to guildhall wealth dot com or guildhall diamonds dot com let's flip over that uh for now Jeremy get into some more talk about diamonds natural fancy colored diamonds investment grade diamonds absolutely so colored diamonds have in the past been something that was a very very I mean it's still a very very small market but at one point it was really just reserved for the uber wealthy and we're talking um owners of banks and royalty and such and over time especially what happened is is in the in the early eighties sorry late eighties they started to auction off one single diamonds single colored diamonds and they started to become popular and they did start to rise in popularity a little bit in the seventies um there became a slightly growing awareness it started to grow through the eighties and nineties and it's been within I'd say within the last five years they've really started to kick in in terms of popularity you see a lot of wealthy people buying five million dollar diamonds twenty million dollar diamonds at auction and the fact is is you don't spend five million twenty million just for pure ego you buy it because it's money it's money in the bank and the fact is is putting money in an actual bank right now is not necessarily a good thing um you know whether it's negative interest rates or not gaining on inflation people are looking for alternatives and so what you get with a natural fancy colored diamond is you get number one the rarity the fact is when something is is extremely rare there's always a demand built into the cake or baked into the cake in that respect as I like to say no one ever talks about the demand for Picasso are Picasso's in demand these days no they're always in demand because they're so rare and so unique and that's what you get with colored diamonds so investors are starting to move into this market simply because they see that there's an advantage to buying rarity and of course they're beautiful at the same time and you can wear them at the same time but most importantly is that rarity and what that rarity also creates is a lack of volatility so like masterpiece masterpieces of art or fine wines there's a lot less volatility in these sort of collectible markets because there's just not enough of the product out there so you see a lot less volatility over time same thing with natural fancy colored diamonds um pink diamonds for instance over the last 10 years or up as a whole we're talking from the slightly included diamonds up to the internally flawless that might go at auction you're looking at 327 percent gains in pink diamond market alone i stand corrected there so so to put funds into a diamond that you're putting it away you're putting it into a hard asset it's very easy to store very comfortable investment you're not signing a hundred documents like you would in real estate so not only is it easy but you can see the type of gains it's that it can get now it is a new market for a lot of people and i think one of the one of the things that this market has suffered from is a lack of of reports a lack of real numbers that can come out because what you've had in the past was a handshake market the diamond market is a handshake market it's are we going to do business yes great handshake one of the only markets that still like that but for real investors to start coming into the market what they wanted to know was well what is it actually done give me the real numbers here and so the color diamond research foundation has done just exactly that they launched believe a year and a half ago and they've started an index and you can pay to subscribe to find out what that index is and what makes it remarkable and i think we'll have one of the founders on our show soon is what makes it remarkable is they they contact over 20 color diamond dealers and there's not a lot of color diamond dealers who focus specifically on that but they've contacted them gotten them to open up their books and look at all the records and compare and contrast and say okay water price is looking like over over time in other words if i said to a customer well i know that we paid this such and such years ago today we're paying this much more would you believe me not necessarily it's my word against the market but with the with the color diamond research foundation we get the actual numbers because we're comparing across 21 dealers and so you see that for example in fancy yellows that that the prices have gone up as much as six to eight percent a year if you're buying a one carat you move up to the intense you're probably looking at over 12 percent a year and if you move up to a vivid now granted you're paying 45 to 50 000 Canadian but now you're going to be close to 20 or even just over 20 percent now to get those gains you are giving up liquidity it's not a market that you're going to buy and sell on a phone call like you will gold and silver you're giving up liquidity but what you give up in liquidity you're gaining in being able to sleep at night knowing that it's going up all the time being able to know that you've got something no one else has because really each one is so individual no one else has a diamond like that or if or if there is a similar diamond like that a one carat intense internally flawless radiant cut for instance you're you're talking about less than a thousand people that probably have a diamond like that and so you're in rarefied air and that's that's a nice thing to know so this is the type of investment that at the five-year mark you can look at what you've made and you can start to project what it's going to look like in ten and once you've held it for ten now you're going to be in in a in a situation where you say well if i sell now i know what i'm really going to miss in the next five so if you you do want to think long-term in this market you want to think about what you're going to use that for you know we've held diamonds for two three years never bothered us they'll sell eventually and when they sell they're going to sell at a higher price or maybe move up to a your next level of diamond right well the thing is i mean our inventory increases in value every year so whether i sell a diamond this year or i sell it next year as i said in January if you listen into the early part of the segment we're changing our prices in January because the Canadian dollar is 37 cents more than it was 18 months ago this year alone it's up a down i should say against the u.s. dollar 16 percent i paid a bill this morning i paid 1.37 and change to change up Canadian dollars into us now i don't think it's going to get any better in Canada i think you know i'm going back you know 10-12 years ago the u.s. dollar was trading to Canadian about a buck 62 i think we're heading in that same direction i think it's going to get worse before it gets better so you need to be able to get into an investment that's going to protect your capital you know we talk about auction results where we talk about diamond selling for 40 million and 50 million and if i was a listener to this show and i'd say what difference does somebody selling a diamond for 40 or 50 million make a difference to me it doesn't it's the same with what's happening in the markets there's Wall Street and then there's Main Street on Wall Street the people have done very very well because they borrowed they were able to borrow money at zero and put it into the markets and get maybe three and a half four percent in dividends or in real estate but the average person doesn't have that same ability you know you go to the bank they don't want you know they want your arms your legs your first born and your second born before they give you a loan i mean that's the Canadian banking Wall Street is a different story these big hedge funds have been able to take money borrow money for nothing put it to work if we're not in the same category as that when we're talking about a diamond that sells for 40 million dollars you don't have to buy a diamond for 40 million dollars you can get started for 15,000 20,000 i was on the phone this week i i actually upgraded a client he bought a diamond five years ago from me or four you actually less he bought it February 2012 paid 13,000 for an intense diamond that diamond is on our website today for 25,000 not because we're overcharging but that's how they've gone up in price he's almost doubled his money in just you know three years so i put him into a pink he said i wish i would have bought the pink three years ago because the pink has gone up 35 40 percent a year and and that's the and that's the the easy thing about diamonds is that the more you invest the more rare the diamond is and so the greater the gains you know if you put a hundred thousand dollars into a stock and it goes up ten percent you get ten percent if you put ten thousand dollars into that same stock and goes up ten percent you got ten percent the the market evens it out but with diamonds the better the invest the the more invested into that diamond the better the gain and also the the the greater the investment the less time one has to hold on to it because it is gaining faster so for example you know a fifteen thousand dollar diamond you're gonna you're gonna want to wait 15 years at least before you're in the market to sell it because five years you're going to say well what did i put the time into it if you put if you put a hundred and twenty hundred and fifty or two hundred thousand dollars into a diamond three four years you can start to look for a buyer even if it takes another two years to find that buyer the point is is that the money starts adding up a lot quicker so that's what's really interesting about this market also the the interesting thing is that you have to look at the market at the asian market for example whether it's the russian market whether you know market in in african countries people have become especially in India people have become more prosperous there is more millionaires and billionaires out there and they are wanting what we have in the west to find the natural fancy colored diamond you know you have to mine at least 10 carats 10,000 carats of white to find a colored diamond and it doesn't mean that's an investment grade you know to find a vivid yellow internally flawless of a carrot size you need to mine maybe a million carats of white to find that needle in a haystack so a diamond that we were selling for 12,000 14,000 dollars a carrot six seven years ago today is selling for 40 45 50,000 a carrot i was at the argyle tender last month and i said we never won one stone we bid 35 40 percent but for example 30 years ago you could have bought a one carrot red for 30,000 dollars try to find one now for a million and a half dollars try to find them try to find one you know it's virtually impossible because the collectors out there know that they're going to go up in value one eight seven seven eight silver that is the number guildhalldiamonds.com and a reminder you spend over 25,000 dollars on a natural fancy colored diamond the whole day especially you get a pair of diamond studs to go along with as a gift from guildhall the real money show continues another statement lots more information coming your way just take a short break here on talk radio am 640 187 78 silver is the number guildhallwealth.com the precious metal advisor your rsp other registered funds can be used to invest in precious metals in fact right now the special going on you invest 5,000 us through the east door depository or your rsp account you will get a gram of gold courtesy of guildhall diamonds as well special going on 25,000 dollars or more on the natural fancy colored diamond get a set of diamond studs to go along with Jeremy yeah people are really enjoying the gram of gold with the rsp because even though they're buying actual physical product and it's segregated allocated unencumbered you can go to the depository and verify your product it's still nice to go home with something at the same time and unlike buying stocks where you know it's all paper it's all you're paying for management you're paying for the success of the economy success of the business precious metals you're simply buying a commodity you're buying an actual physical asset that has been a store value for thousands of years um fiat currencies all come and go and it's basically a bet against do you think that governments have the discipline to control their currency and history says no history says 100 unequivocally governments do not have the capacity nor the discipline to control their currencies how do we know that because the minute a government's in trouble they're just gonna print more money right they can do they can do a couple things they can raise taxes well you can only raise taxes so much or they can print money and go into debt and that's what every country has been doing and if you if you listening right now can name a country out there that isn't doing that i suggest go invest in that country there isn't any every country is in the same boat right now it's we're it's it's a small global village right now and the fact is is every country is going down the undisciplined route of printing more money we get asked sometimes will the government ever confiscate your gold because that's what they did in the in the 30s confiscate gold for what we're not backed by gold right we're backed by fiat currency we're backed by the government saying that the currency has some value and the fact is is can you even do you even know what the value of a dollar is all you know is that a dollar today buys you half of what it did 10 years ago that's what you know they've already confiscated your wealth it's called inflation and this is why you want to own gold to protect against that inflation and that's what gold has done for the last 10 years and that's what that's why you want to have a portion of gold in your portfolio for those reasons we say it time and time again on this show you have home insurance health insurance life insurance car insurance you don't have portfolio insurance if you're if you're just in the stock market or just in real estate right now i've got to tell you a story about real estate found out about a gentleman who owns a house that lied to get the mortgage is paying out over four thousand dollars a month for the mortgage his job i won't say what it is but he does not own a company he's got a uh everyday blue collar job and even though the house has gone up and made money he refuses to sell it and if you go out there and look at a chart and see the amount of household debt that's happening in canada you'll see it skyrocketed and on the at the same time what you'll also see is that the ability to service that debt is is as low as the debt is high meaning if interest rates were to go up we could no longer service the debt so think about it as far as countries are concerned why would they raise interest rates if they're growing their debt they need to keep the debt low if you have a credit card and the credit card gave you the option of what interest rate to hold would you pick nineteen or one one would be nice you pick one and run the credit card up to fifty thousand dollars plus welcome to welcome to government central banking one oh one raise the debts lower the interest rate and you can do this for a very long time but eventually it all catches up with you you can you can avoid reality but you can avoid the consequences of void of avoiding reality so you can paint the charts you can jawbone the jawbone the economy and try to get everyone on CNBC to get to get with your program but at the end of the day there's nothing backing fiat currencies and you want to protect yourself against that it's a house of cards it's the emperor's got no clothes you want to listen to the wizard speak eventually you're going to have to click your heels three times and that's what gold does and so and and that's not just because i'm saying it everyone understands that everyone looks around and says how is this many people driving BMWs and affording these massive houses it just at some point it's not it's the reality is going to catch up and how are you going to protect against that so we've got declining currencies in Canada how do you protect against a declining currency you own physical precious metals this is historic fact how do you guard against geopolitical unrest you go to a safe haven because stock markets are getting extremely volatile you own precious metals when you look at the supply demand fundamentals on precious metals it is exciting you start to see the opportunity and say if i'm a value investor i want to buy today and if you're going to look at the chart and wait and take a wait and see attitude the problem is is the price will move up and you'll have missed the opportunity so rather than wait and see and be complacent take the time to learn the fundamentals you can contact us guildhallwealth.com we've got plenty of investor kits to show you the fundamentals and get our opinion at least you have at least you've taken a little bit of time to make the decision 1 8 7 7 8 silver guildhallwealth.com like Jeremy just mentioned the interesting thing is you either believe the gold and silver is going to go up or you don't it's as simple as that we're not gold bugs with tin foil on our head running around you know with bottles of water and tinses spam hidden away it's very very easy to figure out if you have your metal deposited with guildhall whether it's 100 ounce bars 10 ounce bars whether it's gold whatever the material is you're going to pay an average of 1.3 percent a year to have that product stored segregated alligator ensured with loyds in london bar numbers given to you now 1.3 percent a year over five years is going to be by basically six and a half percent let's look four years let's call it round figures five percent do you think gold or silver is going to go up five percent in the next four years because that's what is going to cost you if you've got your money in the bank and you're getting GIC's or whatever investment you have a savings account a checking account where you get no interest you've got to look about owning gold and silver if you've got your money in the stock market and you're owning some real dogs and everybody's got some dogs in their portfolio you know if you've got mutual funds that are really not paying off all you're doing is paying fees to the mutual fund traders look to have some physical gold and silver because a four or five percent interest in or of rise in the price of gold and silver if silver is trading at fourteen dollars silver has to go to fourteen dollars and seventy cents and you've covered that seventy-cent move and you're going to cover over the last month silver went to sixteen dollars and thirty cents and got knocked down to round about fourteen dollars but in because of the US dollar rising it went up to about nineteen dollars Canadian we feel at Guildhall that this is a positive thing for to get into gold and silver a twenty five percent increase on silver taking silver to seventeen dollars and fifty cents a three dollars and fifty cent increase do you think that could happen in the next four years gold trading you know ten eighty do you think we can go up you know ten percent of that is a hundred and eight dollars to eleven hundred and ninety dollars give or take you're going to make a great return it's going to cost you five percent to store that product for four years if you look at history and history has a tendency to repeat itself we've been in this business a long time we've seen silver go from three dollars and eighty cents to two thousand eleven where it went to forty nine dollars we saw gold go from two hundred and fifty dollars to round about nineteen hundred and thirty dollars gold and silver has been beaten down in the last four years because stock market has gone up for cheap money and real estate's gone up nothing goes up in a straight line and they want to protect the dollar that's what's happening get into some gold and silver whether you buy it take it home put it under the bed put it under your mattress put it in a depository if you want to sell on a phone call the best way to do is have it in the depository you know a thousand ounces of silver waste seventy pounds you want to buy five thousand ounces you're going to need a wheelbarrow to lug that around you can sell that on a phone call you can get your money the same day next day it's very very easy go to our e-commerce store guildhall dot com goodhall wealth dot com right hand corner you can buy right from the store you want to buy a combo packs we have right now great stocking stuffers 22 ounces just over three hundred dollars you can buy a 50 ounce pack a hundred ounce pack a 200 ounce pack that sound like that guy on the tv but we buy your gold and silver no nobody sounds like him no okay we won't mention any names this is a great opportunity get stocking stuffers get some hard assets into your portfolio you need to have 15 20 percent because i feel and we don't give recommendations but i'm looking at the markets i'm looking where real estate is i'm looking you know the stock market we've had a pretty good run it's common sense if you went to a casino and you were playing blackjack and you were winning winning winning guess what's going to happen eventually you're going to lose so smart now one eight seven seven eight silver online the guildhall wealth dot com the investment as such as you get precious metals or natural fancy colored diamonds the choice if not both should be yours you want to invest online go to guildhall wealth dot com get the precious metal advisor the e store and through the e store our rsp all the depository if you invest five thousand dollars us in precious metals you get one gram of gold that's the holiday special and as far as diamonds are concerned a purchase of a twenty five thousand dollar diamond or more you'll get a pair of diamond studs as well this has been the real money show on talk radio am six forty hey merry christmas man the countdown to christmas celebration continues on w network that is where i thrive it's the time to shine all new movies every thursday to sunday we deployed christmas joy with three brand new holiday series thanks so much have a great holiday back-to-back movies every day will have you jumping for joy hallmark channels countdown to christmas all season long only on w stream on Stack TV.