The Real Money Show
The Real Money Show - December 5th 2015
and welcome to the real money show one eight seven seven eight silver is the number two invest go to guildhallwealth.com the precious metal advisor the investor kit information on rsp contributions you can get during the show in the next hour as well i'll remind you of this as i mentioned last time we were on receiving one gram of gold for every five thousand dollars us invested in an rsp account as well holiday special invest the same five thousand dollars us to the east or the depository you will get a similar gram of gold courtesy of guild hall guys welcome to show we always start the week that was we'll talk a lot about diamonds today paul german yeah absolutely we've got some exciting news uh we're opening up an office in new york and uh i'll manage it and yeah i know we've got a lot of offers for a job applications but uh we're kind of jumping the gun because we're opening it early in the new year but we've made some major major purchases uh with our partners uh that we're working with for basically larger diamonds on our website uh we you know we have pinks that start around about a quarter of a carat you know they go up to about a carat and on yellows we you know we're in the market of a carat to two carat stones uh we sell large stones abroad in the states and in europe and what we've decided to do is to go really into the upscale market and we're going to be selling very very large stones at wholesale prices um and as an example the marketplace in toronto or even in canada is not as strong as the u.s market uh or the market in asia or the market in europe definitely um we have you know 30 odd million people in canada and in the u.s you know we've got 330 million plus um i just want to kind of give you an idea of what we're looking at at the stones um for example uh we have a 104 carat purposely pink it's a fancy it's a vs one um now this stone will sell for around about a hundred and twenty eight thousand dollars us can aid in there's a little bit more money but that is pure pure wholesale prices it's a radiant fancy vs one in a purposely pink you know you these are really great prices if you're looking at a yellow for example we go to a a nine point zero eight carat yellow wow fancy in a vs one now this type of stone you know sells for around about two hundred and forty thousand dollars us and i just want to get back to the pink for a moment there because the color diamond research foundation shows that in the last ten years from january 2005 to october 2015 that pink diamonds were up over 350 percent that's pink diamonds as a whole right that includes si slightly included i quality which is what the majority of pink diamonds that you're going to see so a diamond like this that's over a carat that's fancy that is a vs quality you're probably going to be looking at more than that and as we've said in the past about color diamonds what makes it such a wonderful investment is the more you invest the better your returns can be because what you're doing with that investment is buying rarity so to be buying something that's going to be in the probably hundred and sixty thousand canadian range you're most likely going to be looking at well over twenty percent a year on that now the trade-off is you're not going to trade that like a stock you're not going to be in and out of the market every week and you're also not going to worry about the market at week to week something that you're going to hold just like art just like fine wine just like antiques it's so rare it continues to go up in value because you're buying the rarity because you're buying the beauty you're also getting the stability and you're also getting the growth so a diamond like this even over a five-year period which in this case you could look at a five-year outlook for a diamond of this size whereas if you're putting in fifty you might want to grow that outlook to ten years if you're putting in twenty five you might want to grow that out to fifteen years but again the payoff for not being able to go in and out of the market so quick is that you're going to get that growth and that growth in pink diamonds is just spectacular well that's why you know you're looking at basically from three hundred and sixty percent return over ten years so if you're looking at a diamond most of the diamonds that come out of for example the argal mine are very small diamonds they're very hard to find diamonds over a caror and this is why we're excited to bring you these type of diamonds so this diamond the first time we were talking about was a 105 vs. one fancy and you know we're in a price range of around about a hundred and twenty eight thousand dollars u.s but i've got a stone that i just fell in love with it's one point five five over one and a half carats fancy purplishly pink but internally flawless this is a diamond you know incredible diamond the rarest diamond you're looking at a price of over just over three hundred thousand dollars for this diamond so you can see from a diamond that's a 104 carat that's a vs that's 128 000 u.s going up a half a carat in size it's now 312 000 that's virtually gone 150 percent more in price and being internally flawless in a pink is so rare i can't tell you how rare it is this diamond is magnificent and as i said you're looking at around about 312 000 dollars and you see that in diamonds even if you go to the website guildhalldiamonds.com you'll see that the difference in price between a quarter carat and over a half a carat you'll go from 35 000 to over well over 120 000 and that's just a quarter carat difference in size but i do have a question paul if someone is looking at that internally flawless will they get two sets of diamond studs well what we were actually do the diamond is sitting right now in new york if there is a client that's interested in this type of purchase we will fly you to new york you can go to new york we're put you up in you know one of the nice hotels the palace or w or one of those um get tickets to a show if you buy the diamond we will rebate you back the cost of the trip and you'll get a you know a nice present on top of it but that's what we will do on this diamond for you any one of these large diamonds that we're talking about if you want to view these diamonds they're not in taranto they are in new york um if you are interested i can bring you know back into in taranto but i'm paying the tax to bring it in so i'm leaving them in new york because that's where we're going to probably be selling in the states and these diamonds one of the other diamonds i i just fell in love with uh i went out and viewed these diamonds we put this parcel together um i have a 4.02 carat yellow fancy yellow intense internally flawless but it's brilliant cut that means it's a round cut for just over four carat intense the stone is magnificent this is one of the investments that are going to be make you nothing but money you're looking for a stone like this round about 155 to 158 thousand dollars us that's pure pure wholesale prices we've put this deal together where we've gone out and purchased over five million dollars worth of diamonds and we're going to bring you these diamonds on our website in canada but we're going to have an additional website in the states to sell at these prices 18778 silver online the guildhalldiamonds.com Jeremy yeah the brilliant cut understand for colored diamonds especially yellows are very difficult to hold color this is why most the time when you're looking at colored diamonds you're going to see radiant cuts cushion cuts well done uh you're paying attention exactly because those diamonds really hold colored they're we'll call them a little more blockish shapes but if you think about the shape of a brilliant cut it's very thin near the girdle and so this is where you can run into problems this is why you'll mostly see the brilliant cut in vivid because it's really saturated it's going to hold the color even in the the thinner part of the diamond you'll also see the brilliant cut in small pinks because the color is evenly distributed in the small pinks and we're talking you know quarter carrot size the only other time you're going to see a brilliant cut is if it's very large in which case the girdle is as thick as a smaller diamond and so this type of diamond is is is rare in the sense of its cut and what's what you also get with the brilliant cut is there's more of a unified proportion across the industry in terms of what makes a good cut for brilliant so you know you have good cut you know you have good color if you can if you can cut the diamond into a brilliant cut so this diamond has so many facets pardon the pun of why it would make such a great investment and obviously it could also make an incredible ring 1 8 7 7 8 silver online to guildhalldiamonds.com i'm just blowing away the news guys this is fantastic the thing is as well you know we're talking about the pinks in the 104 and 155 in a in an IF pink purposefully pink which is almost impossible to find we're getting into to the larger sizes in the yellows in the fans is in the intense i just spoke about the 402 round intense we've got a 5.78 again an intense internally flawless it's a radiant cut which is one of the better cuts to show off the color the vibrance and the scintillation colors just fly off of this diamond this is a type of diamond that would make somebody just an unbelievable gift whether you're going to put it into a ring or whether you're going to put it away for someone's education or for even for your retirement you're looking at a stone like this in the around about 160 000 US but you're talking about a stone is 5.78 just under six carats and again the idea here is that this is all about investment where there's no counterparty risk where you know the banks can't get the money the government can't get the money you're putting it into something that has an incredible track record and it and very much like this would go to collectors connoisseurs these are the people buying these type of diamonds and you don't have to look far anyone can go online look up auction records for diamonds and you normally see the color diamonds are much larger at auction but they've been breaking records for years i mean even before and after the the economic crisis of 2008 you saw diamonds breaking records before and after which means when times are good people are buying colored diamonds they're celebrating their wealth when times are bad people want to want to conserve their wealth and this is all about financial security you know we're going to talk about precious metals in the upcoming segment and how that protects people's wealth and why people are moving into that sector despite lower prices but when it comes to colored diamonds prices don't come down you're never going to get that opportunity to say oh well this diamond selling for 150 i'm going to wait till i can get it at 120 no you're going to miss the opportunity and you're going to decide down the road okay i'm going to get in will your 150 buy you the same so take a look at some of the diamonds that we have as well currently on the website that we have the gift for the diamond studs well the thing is as well if you're listening and you know you're saying what is guys talking about who's got a hundred and fifty thousand dollars us to buy a diamond you know i've got maybe twenty five thirty thousand dollars we have if you go to guildhall diamonds dot com we've got we just posted a couple of new again intense a 115 and a 122 internally flawless absolutely stunning stones the 115 is on for 30 000 Canadian which is you know around about 24 25 000 us but it was showing those in Canadian at 36 000 dollars we've got a 122 cushion again an unbelievable stone that's just under one and a quarter carats for 36 000 dollars Canadian those are the type of stones that are increased in the intense probably 14 to 18 percent a year they're not pinks you know where you don't but you're going to make a good return on intense between you know anywhere from you know eight to 14 percent may be higher but we're being pretty conservative on our vivid stones we know they go up 25 to 35 percent according to the the stone the color and the size of the diamonds pinks we already know are going up at least 35 percent a year so we have a great selection i've actually got a stone with it's not on the website and i'm also so excited about it it's a 0.32 it's a deep pink that's like a vivid it's strong it is on the side has posted already i didn't know um but it's a stone the natural fact is a vs two um for a small stone a 0.32 you know this stone was appraised at 85 000 we've got it on for 51 000 dollars an unbelievable stone so go to out you know this is a type of stone this is going to double basically every four to five years conservatively so if you're looking to retire you're looking to put your kids through university if you're worried about the stock market you're worried about the way countries are actually just devaluing their currency whether it's in canada whether it's on australia the us dollar is really strong now against a basket of currencies but how long is that going to last it's just the best house on the worst street right now get into buying a diamond it's safe it's secure it's money in your pocket 18778 silver online the guildhalldiamonds.com as we mentioned Jeremy mentioned we'll get into some precious metals in a chat about that and looking forward to that i'll give you a heads up that now you receive a one gram piece of gold for every five thousand dollars us invested in our sp count and invest five thousand dollars us through the east door or depository till the end of the summer is a bit of a holiday especially you'll receive a very similar one gram of gold real money show on talk radio am 640 the real money show on talk radio am 640 187 78 silver online the guildhall wealth dot com get the precious metal advisor the investor kit all tools you can have to make the wise decision rsp might be the way you go and you will receive a one gram piece of gold for every five thousand us invested in an rsp account as well if you invest five thousand us same amount through the east door depository till the end of December you will receive a one gram gold piece as well let's talk about it before you get back into diamonds big announcement guys off the the top of the show we'll get back into that very shortly let's talk about uh we'll couch it as wealth protection how about that Jeremy when dealing with precious metals it is wealth protection look at the look at the news that came out today we're taping the show on thursday mario draggy lowering the rate which means it's negative they don't want money being in the banks they want it's out there being spent but at the same time they're going to keep buying sixty billion dollars worth of euros which is extending out until 2017 governments appear at this point in time to not have the capacity to reverse course they're they're going to keep printing money they're going to keep lowering rates until what when does this end they've been doing this since 2008 nothing has has actually reversed the economy to make it better it makes you wonder why are they doing this clearly it's not working and what you end up with as a result which you know economics being just simply action reaction is people start to say well maybe i'm not going to keep believing what's going on and what we've seen since 2008 is countries like china and russia and other big central banks have become net buyers of physical gold as a hedge against valuing currencies we've also noticed that investors canadian investors no longer want any sort of paper none i had a conversation yesterday with a customer who had certificates in the past he went to the bank and said i want the physical they said well we're gonna have to sell that and then you can buy the physical he said well what have i been paying storage fees for you pay storage fees on paper apparently you pay storage fees on paper now the comics has over 300 to one pieces of paper against the physical product the the amount of the product that's in the comics keeps going down down down just to just to interrupt on that if they're trading gold in the comics at 300 to one if they were to go out of business tomorrow what that would mean if you had a hundred dollars worth of gold you'd get 33 cents because that's 300 to one trading they don't have the product it's paper it's paper it's paper what they do is they keep on multiply and multiplying and what you're seeing at the moment in the market somebody is holding an awful lot of gold and silver physically and they're snatching back the paper by smashing down the price and what they're doing is getting by getting back their paper that they've issued for nothing and and think about it there's not been an expert in the precious metal sector that has been able to call a bottom they just can't seem to call a bottom meaning the the charts themselves are useless from here on out but what you see from people people who are people are not dumb they see through it they see that this is a joke and they're saying i want the physical product you mean it's cheaper today i want it so we're seeing a lot of people buying physical product especially in the rsp people really want to have that protection because over the last five six years there may be getting six seven percent but the stock market seems to have really peaked out here it's having a really tough time going forward there's zero good economic news that says it's time to jump into the market unless you want to watch pom poms on the on the financial press so people are looking for protection i've never seen people looking for protection today more than ever i can tell you back in two thousand six two thousand seven people were greedy they wanted they wanted return people aren't looking for the type of return they want protection physical precious metals have been protecting wealth and safeguarding wealth for literally thousands of years fiat currencies have a very short lifespan you're looking at the longest ones being just over a hundred years so the so if you just look at the currencies and you say okay they're printing a ton of money they're growing the debts let's not let's not really pretend that the us dollar is actually something that's strong here it's worth zero it's got nothing backing it up except the faith of the government and that faith is starting to really crack so we see people buying physical metal as a way to hedge as a way to protect their wealth and i think at this point with the price low you've got to say this is a golden pardon the pun opportunity to get involved in the market so guild hall offers it in a few ways you can go straight to the east door contact us buy the product physically take it home if you're new to the market this is a great way to get involved because you're buying some physical product you're putting it in your hand if you buy five thousand dollars worth you're going to get a gram of gold five thousand us you get a gram of gold with that makes a great stocking stuffer we also have the combo pack so for those who don't know what type of product to get involved with you can do a combo where you get a hundred ounce bar some ten ounce bars some one ounce bars and some maples just get a variety of product you get a sense of what's going on that's a 200 ounce package you can buy a hundred ounce combo you can get a 50 ounce combo and we also have a small 22 ounce combo starter set which is a 10 ounce bar 10 maples and two one ounce bars you know it's 22 you know just over three hundred dollars to get into the market on a small you know investment we find every year as well a lot of our clients or clients want to buy to give away Christmas presents and you know instead of giving away fruit baskets or baskets you know what do you get a whole load of store in a basket and a few boxes of chocolates yeah and and you know people people you know buy a 10 ounce bar of silver you know today it's a hundred and fifty dollars whatever it is u.s. that's a nice gift there's a gift that's going to keep on giving this is it's like an Italian household trying to get a word in with with with my dad but ebay is saying that that metals is really strong right now that people are buying physical metal through ebay and obviously anyone goes online they can see that the u.s. mint is their stopping production as of december 7th they're not going to begin production again until january 11th and they've already smashed records smash records if you sign up to the precious metal advisor we're going to put that in next week the u.s. mint sold 97 000 ounces of american gold eagle coins in november that's 185 percent monthly jump and a 62 percent gain from the same period of 2014 the silver eagles have gone through the roof i mean the buying what's happened is people have smartened up not because we have our show where we talk about real money but even if you're buying an ETF people are worried is the product there you when you buy an ETF you don't get bar numbers it's mythical it's a vapor package when you buy through guildhall if you want to put into the depository for example you want to put in 500 ounces 5 100 ounce bars we will be happy to give you the bar numbers we're segregated we're allocated to you it's insured with loyds in london it's a safe secure depository you can go visit your product jeremy gave you an example somebody went into a bank they had a certificate and said i'd like to get my certificate i'd like gold or silver whatever it was i want to take it and there's no product we can we can close out your paper and then buy the product for you what nonsense is that once you buy the product it goes in the depository it's safe it's secure you want to take it home take it home put it under the bed the beautiful thing about putting the product in a depository you can sell on a phone call we had two clients yesterday that sold their product that they had in depository some of their product we wired off the funds to them today beauty how quick is that i mean that's the beauty of owning physical product you may have lost some value in your metal because the prices in canadian are really about 19 dollars an ounce silver because of the currency devaluations but if you own silver and it's come off all you've done is just lost the value you haven't lost one ounce of metal we've been in this market since 2002 when i started silver was trading at three dollars and eighty cents i've seen it as high as forty nine dollars in 2011 gold was trading at two hundred and fifty dollars we've been up as high as nineteen hundred and thirty dollars on silver you know we're off for sixty percent on gold we're off you know basically forty percent there is more upside than downside and we're below the cost of production so it doesn't get much cheaper and it's a great opportunity so if you want to buy some gold in silver whether you want to take it home go to our east door go to guildhall wealth dot com right hand corner get into our website we're actually also you know building a new east door where it's going to be so much easier to purchase that's going to be in the new year but you can purchase if you want to make a phone call call us talk about the depository where you want to purchase product where you want to put it into a depository if you want to put your money into an RSP or a TFSA that's available to you any one of these purchases if you purchase more than five thousand dollars us we will give you a gram of gold we've given our clients in RSPs and TFSA's in the last two two months an abundance and an incredible amount of grams that are going out you know customers are getting forty five grams fifteen grams of gold just for placing their product with guildhall it's in a safe secure depository the it's it goes through quest trade they are the custodian we just do the buying and the selling and looking after it for you one eight seven seven eight silver online to guildhall wealth dot com that's the website Jeremy tell me this one of the biggest concerns buyers are having i would say one of the big concerns is understanding that there's a cost of doing business that unlike a stock there's the spot price of precious metals gold and silver and then there's the premium to actually buy the specific bar the larger the bar the smaller the premium and it's a very competitive market but that just that understanding of here's the basic prices that you're going to pay to own some silver it's going to be you know if the price of silver today is let's say fourteen dollars you might pay fifteen dollars and thirty thirty five cents to have the actual bar not a not a large jump in market to cover that cost then there's the the cost to to store the product and i think this is where it can get very interesting because in a savings account right now you're getting less than one percent but it will cost you just over one percent a year to store physical precious metals now the question is and this is why a lot of people are getting involved is can silver for example double in five years absolutely this charade can only continue for so long trust me can only continue for so long so it's a very small output outlay and and think about your europe right now you're basically being being charged one losing one percent to have it in the banks so that's one aspect of it as well the other and i would say this is the bigger concern is the exchange rate this idea that well i don't want to pay the canadian to us exchange rate right now and get into the market and there's a couple different approaches to that the first would be let's just look at silver as an example silver's trading at fourteen dollars we're at one point three five to pay for that exchange at fifty dollars an ounce when the price moves up most likely the dollar has dropped down let's say we're at par you've still more than doubled your money in that in that situation is going to go to a dollar sixty now let's say it goes let's say it goes the other way as paul's just saying then that means that you're not getting fifty dollars an ounce for your product at silver at fifty dollars you're getting sixty seven seventy dollars so right now you can buy silver if we just keep it in canadian dollars you're going to pay twenty two and if the exchange rates stay where they are or get worse on the canadian side you're going to be selling at seventy so the exchange rate is more about a currency's losing value and silver being a way to protect that value and this is what you have to understand that the one of the largest investors in precious metals was um Warren Buffett and he sold out and now he hates gold and silver although he was in very early at the party but but he's the one person who would say price is what you pay and values what you get think about the value you're getting for precious metals right now so and so again you can go to the e-store buy it through the in your rrsp get allocated segregated storage for your product and you can also just buy it directly from us give us a call one eight seven seven eight silver and last jeremy said online to guildhallwealth.com and when you do uh invest five thousand us for an investment rrsp account you receive one gram of gold and invest five thousand us through the e-store like jeremy said or the depository and you'll get a similar one gram of gold as well lots more coming up here on the real money show talk radio m six forty the real money show on talk radio am six forty one eight seven seven eight silver online to guildhallwealth.com right now you receive a one gram gold piece of gold for every five thousand us invested in an rsp account likewise if you invest at five thousand us through the e-store or the depository the word is yield jeremy yield is a word give me some details yeah let's talk about yield we're just kind of just chit chatting and the break about it a little bit and this idea of constantly going after yield is important but we all know what that chase occurred or what happened as a as a result of that chase in 2008 people lost 50 60 percent of their portfolio and it took years for them to build it back up now people are are are accepting lower yield the question is is do you think there's going to be another two thousand and eight light crisis they haven't solved anything none of those bankers went to jail they've only continued to do it it's whatever they've done there's a massive court case right now um against the banks for manipulating markets so the question is why chase the yield why not chase protection why not say okay i'm going to forego yield at this current juncture and i might forego yield for six months or a year or even a year and a half but when the market does come down when this whole ponzi scheme does collapse i'm not going to lose a penny and in fact when it does and i've got all my money in hard assets which are obviously going to hold their value and and grow in value you're going to gain your purchasing power why wouldn't you put a large portion of your portfolio in that i have more than 50 percent of my portfolio in precious metals i have no problem with that i sleep fine at night if if someone is not sleeping at night because they don't feel they have protection they should be looking at precious metals if you can't sleep at night because you're worried about what's going to happen to silver if it might come down five cents then you are over invested i'm not a financial advisor but i can say that this idea of chasing yield in a market that is ludicrous that it's just unbelievable pandemonium that you can see central banks lowering interest rates not raising them buying billions of dollars of of trash bonds and other investments that the banks have spent money on you can't why am i part of this i want out of the system i want no counterparty risk i want physical product that no one can touch and when this whole thing collapses i've protected my wealth and touch wood the market doesn't just go to fifty dollars on silver it goes to a hundred dollars or more and that's what you're giving up you're giving up a little bit of yield for the opportunity to protect your wealth against another type of 2008 collapse and the potential to make a ton of money as paul was just saying the market's down 40 and 60 percent do you want to be buying something at the top or at the bottom so this is why people are getting involved in precious metals they want to own the physical product they want to be able to take it home put it in a depository where they can go and verify that it is their product and nobody else's and this is why the rsp has been a very successful addition in terms of a vehicle to be able to get this into your portfolio well the interesting thing about you know dividend is the you know to get a dividend of you know three four percent you're taking the risk of losing all of your capital is it better to lose a finger than lose a hand because well this is where it with with going because sooner or later the stock market is going to come off um i was watching CNBC this morning and i had an analyst on and he said 2016 is just going to be awful for the stock markets they know inside us know but they keep on coming on to the business shows and rah rah pumping it up like everything is rosy and everything is great the emperor has got no clothes these markets are going to collapse every commodity has been beaten up they took it behind the shed and they really kicked the out of it it's happened in the food industry it's happened from corn it's happened to oil it's happened to metals where the zinc gold silver all types copper everything has been beaten up because they use low interest rates to boy up the housing market and to boy up the stock market now and look at the housing market for a second what you've got is low interest rates people get putting all of their money into the into real estate because the prices because you can borrow tons and tons of money meanwhile everyone's refinancing their mortgages because of the debt that they're incurring right so they're depending on the market continuing to rise not much different than what happened in 2007 which by the way the central bank Bernanke somehow missed and he's and he's supposedly brilliant so the fact the matter is is what if interest rates were higher i mean let's just say for a moment the fed did raise rates in Canada went in tow and started raising rates less money would go into real estate more money would go into other parts of the economy we probably get out of a recession i mean just looking at action reaction saying all of everyone's money is going into real estate where's the other income and now they're borrowing against that equity in their home to keep it going well it is it's an ATM machine but you've got to look at where we are in the marketplace right now gold and silver is undervalued there is more upside than downside that's why we're getting unbelievable flows of money into RSPs TFSAs lift accounts all types of pension plans where people have money that are in the stock market we've see people they invest with us they are terrified you know it's great if you've got 50 million dollars and the market comes off 40 percent you still got 30 million dollars you won't miss a mill but if you've got 30,000 40,000 dollars and this market comes off 40,000 you know you've took a hit and we saw this in 2008 and we're expecting it again i mean i was reading an article today about in the states over a million homes now become they weren't under water anymore which means for five years six years the banks have kept them on the books because they didn't want to foreclose on these people because the banks would have lost absolute fortunes people have lived in their homes for six years paid the mortgage and yet they've just got from under it i mean it's crazy when interest rates are so low that you know in real estate went through the roof well you've got to be in a sound investments this is why we love gold silver and natural fancy colored diamonds and that's why i influence my clients even when they're in gold and silver to buy a natural fancy colored diamond yeah look at look at colored diamonds for a second we're talking five five six seven years right what it's taken for some people to get out from from being underwater on their mortgages we've five years ago six years ago a one-carat fancy yellow in canada you'd be able to get into that market for about seventy five hundred dollars give a time maybe even lower yeah and today those diamonds are really tough to purchase for less than fourteen you know if you're really doing well same thing on on a on an intense i can remember selling one-carat intense yellows internally flawless twelve thousand twelve thirteen thousand and i'll never forget i had a customer we raised the prices because we had to and he said well i you know i want to be able to buy it at the thirteen thousand mark again and now it had gone up to seventeen and he took a pass if you look at the diamonds today we sold our last one carat or just over a carat intense yellow for i believe it was twenty three thousand dollars and now they're selling for twenty six twenty seven and it's it it only goes in one direction these these diamonds are of such high quality they only move in one direction that's been our experience we see the prices rise we don't sit there and say okay well you know i'm not willing to pay a higher price we feel that it's a fair market value and we've been in this this game long enough to know you don't you don't pass up on opportunities unless the person on the other end is being ridiculous with what they're looking for and in those situations the reason that they are doing that i mean paul remember we were in one of our partner's office and they were trying to they were looking to help us to procure an orange diamond do you remember and he wanted he wanted twenty five percent over and we thought we thought that was crazy no no way of twenty five percent over market value will do ten you didn't want it now he on his side i'm making an assumption here it's because if he was going to let go that diamond and all of a sudden be in cash and naked and he's got to replace that diamond somehow it's got to be worth it it's got to be worth his while and for us we should have bought it it's a lesson you know sometimes i regret selling some of the diamonds i've owned and one as an example where i had a 106 vivid if i paid 460 000 us ridiculous price i the dealer that i bought it from bought it back one year later from me for six hundred and six that stone today i could get a million two easily a million two you know but that's the diamond business you can't fall in love with every stone you own you know we have to pay the rent we have to pay for our advertising uh so you know we have to sell product but we sell product we buy product that is the best when you buy the best you don't have a problem selling it you know if you're buying garbage garbage you know brings garbage you need to get into the natural fancy colored diamonds as an investment you need to own some gold and silver you have life insurance you have health insurance car insurance you don't want to collect on your life insurance the wife may be but not you um but you have it you've got it there's protection for the wife the kids and so and so the same with an auction record last two weeks ago right um in hong kong the gentleman bought a blue diamond and the pink diamond and it went to his daughter bought it for his daughter that's dad that's yeah thanks dad that will just that sets her up forever yeah because the price you know you see a auction's unbelievable prices that are fetching for 10 12 carat diamonds you know that's one of the reasons that we're opening an office in new york and you know we've procured some very very large diamonds that we've you know we're going to be selling we're launching a new website in the new year um we will we'll have millions of dollars worth of product up on the website for new york if you want to see these diamonds we can bring them in um if you're really really interested but we'd rather send you to new york guys uh and look at it and bring your checkbook and be ready to purchase because you're not going to get prices like you're going to get you're not going to see product like you're going to see that we have in new york we are very very confident that this is the best investment that you can possibly put your money into one eight seven seven eight silver online to guildhall wealth dot com watch more the real money show coming up and 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 using your rsp and the e store to buy precious metals very simple both those avenues we'll get you one gram of gold when you invest five thousand dollars in us guys it's been an action packed show so far we'll keep it going lots of uh news on the diamond front says it pertains uh solely to you guildhall and precious metals as well Jeremy well first of all we want to congratulate those who have purchased diamonds recently because they've been able to take advantage of our offer of receiving a pair of diamond studs to go along with it so not only did they get an investment but they also got a nice holiday gift as well and we're doing that all the way through december so it's a great time to get involved in the market and definitely contact us personally because we've got a couple diamonds that we've held on to for over a year and we'd like to move on to new product and so those diamonds can offer some great value great opportunity give us a call we'll tell you which ones those are and you can see if that's something that you would want to take advantage of because we also we haven't raised our prices on the product as a replacement value which we were doing in january so you know just on currency alone the canadian currency is down fourteen percent or up fourteen percent on the us dollar every diamond we buy is purchased in us so if you see a diamond and it's you know we've had it in stock from the beginning of last year and it's fifty thousand that stone already is sixty five thousand just because of the difference on the dollar so call us and we'll give you some information you know we can make you a deal you'll get a set of beautiful diamond studs it's a carrot set their fg in color which is a great great color and their vs quality so you're getting a really good deal you know christmas time we like to do you know do things with gifts and different things so we you know we have the combo packs which start off in silver for 22 ounces of silver we have a 50 ounce pack we have a hundred and a 200 ounce pack when you spend five thousand dollars and these are great gifts to give five thousand dollars us we're going to give you a grammar gold as an extra incentive if you want to put it in the depository you can do that if you want to take it home you can do that as well if you want to buy an RSP or a TFSA and you want to make your 2016 contribution which you can start doing in right now in a TFSA or an RSP you're going to get a grammar gold for every five thousand dollars us you invest when you buy a TFSA an RSP lift any one of these pension plans you know we're partners not partners but we work with quest trade who are the custodian we do all the buying and selling on the silver and gold side they do they're the custodians and they look after all the paperwork that needs to be done with the government obviously because you're making deductions from your tax it's a government controlled by yourself so if you want to buy some gold or silver even small amounts you can go to our east door go to Guildhall wealth top right hand corner go to our east door you can buy you know whether you want to buy maple leaves whether you want to buy a 10 ounce bar of silver whether you want to buy you know a few bars of silver to give out as Christmas gifts or maple leaves to give out the stock in stuff is great gifts to give it's a gift that's going to keep on giving right now silver is you know trading in the 1410 range gold is trading at 1062 us undervalued completely undervalued and with what's going on in the world you know the terror and Isis the markets you know the geopolitical situations we believe gold and silver can only move up we've got beaten up pretty badly over the last five six years but we believe right now that these markets are going to take off we don't give financial advice but this is basically common sense you know anybody that collects gold and you watch all the business shows they think anybody that's a gold bug or collects gold we're all walking around with Tim foil and I had and gas masks and you know tins of spam and bottles of water that's not the case people are pulling their money out of positions whether it's ETFs even some of the gold mining stocks or silver mining stocks and they're buying physical product this is showing up in the states for example you know in gold in gold eagles the u.s mint sold 97 000 gold eagles last month that's an increase of 60 of actually 185 percent of the month before and a 62 percent increase over the previous year the same thing with silver eagles they're not producing anymore till January of next year of 2016 we have lots of product available in maples in one ounce bars 10 ounce bars 100 ounce bars in gold we have gold maples quarter half ounce ounce bars even if you want to get into grams 5 gram 10 grams of gold we have that available for you if you want to put it in a depository which is safe secure allocated segregated we have that available to you where you can sell on a phone call you don't have to run around if you've bought a thousand ounces of silver that weighs 70 pound you don't want to be lugging that you know if the market goes up you want to sell it you want to be able to pick up the phone sell it and get your check that's as easy as pie so give us a call john give out the numbers 18778 silver online the guild hall wealth calm all kinds of information online is Paul said about using your rsp room and your tfsa or rsp lift riff lira and of course you got the precious metal advisor which Jeremy said some pretty important and key information will be released in the next edition of that one yeah it's great to be able to stay up to date with things that we're mentioning on the show but to get into more detail about so for example when the us mint is having record sales of product and you're wondering why the price is low we can get into articles that are going to discuss these these questions about what's happening in the market so it's a great way to get involved and also to get alternative news because it's becoming increasingly difficult to take at face value the things that you're hearing even in the mainstream in terms of what's going on behind the scenes economically speaking so why wouldn't you want to get a secondary opinion or secondary view and that's what the precious metal advisors all about it's all about giving you ideas and fundamentals as to why we feel precious metals are is a great way to protect your wealth and again to have that insurance policy for your portfolio we're very excited about the rrsp and one of the things that we were we thought was very important for this vehicle is that the ability to purchase the precious metals within the rsp should be just as the same price as if you were to buy it outside the rsp so if you were coming to guildhall to purchase hundred ounce bars what you're going to find is it's the same price within the rsp so you're not being penalized because you're you're able to do something special here and this is something very special because major banks are not offering rsp investments in physical gold the the funds that are offering investments in physical gold yes they might be backed by physical gold but it's not your physical gold yes the serial numbers are there because the funds have to publish what the product is but it's not your product you can't go and visit it and you can't take delivery if you if you wanted to customers can take delivery there's a bunch of hoops there's going to be penalties etc etc but they could take delivery last one i looked at you could take delivery if you had 1.5 million dollars so the idea of being able to go to the depository and personally verify your product get an inventory report that these are your specific bars that there's no counterparty risk involved in this that you know where the depository is you know exactly who you're dealing with it really doesn't get any better so we're so excited about this this vehicle and and it's been a popular vehicle as a result one eight seven seven eight silver online to guildhallwealth.com paul well it was an interesting day-to-day draggy from the EU dropped the interest rates to banks lend borrowing money so if you've got money in the bank you're going to lose money by just having your money in the bank it affected the european stock market the DAX is down 400 points foots is down 146 points the CAC is down 175 points it helped the US because the euro dropped down three cents to a similar set of 106 it's 109 the Canadian dollar also got hit up by about a third of a cent it's now trading at 133 and a third of 133 six or seven it's going to help Yellen make her decision on the 15th or 16th of this month to raise interest rates we know the interest rates are probably going to go up a quarter of a point there's no big secret it's been going on for months and months and months I don't know why they bother doing it it's not going to affect us it's not going to affect individuals a quarter of a percent interest rates in the states is absolutely nothing they're not going to do anything for another year after that anyway they had the same thing going when they said they were going to taper taper when they were buying up all the crap buns it's the same thing same nonsense the emperor has got no clothes you know lighten up out there have some physical product in your portfolio just to protect your position you need to have 15 20 percent of hard assets whether it's gold whether it's silver whether it's a natural fancy colored diamond nothing goes up in a straight line like a rocket ship it has even a rocket ship comes down and that's what's going to happen with the stock market housing the same thing interest rates start to really go up it's going to affect the housing market be cautious be careful call us make an investment especially if you're going to buy something for Christmas for presents it's a great opportunity one eight seven seven eight silver online to guildhallwealth.com the precious metal advisor which we cover today the investor kit and purchasing precious metals through your rsp either that or the e-store in the depository both ways you'll receive a one grand piece of gold for every five thousand dollars invested on the diamond side keep an eye on guildhalldiamonds.com lots of exciting things there and investment opportunities to get even better and better as we get into the end of 2015 and on to 2016 as well it's all positive in the real money show until next time right here on talk radio am 640 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