The Real Money Show
The Real Money Show - November 14th, 2015
and welcome to the real money show the number to start investing you know by now one eight seven seven eight silver online to guildhall wealth.com the investor kit the precious metal advisor written drafted by Darren picked that up as well and you want to go the real money show.com there's another website you can hit up and I'll tell you about this I'll give you one more get your free gold in fact is get your free gold.ca here is the plan receive a one gram gold maple leaf coin for every $5,000 US invested in an RSP account which we will talk at length of over this next year. You've also got the East or in the top right of the website as well. Darren's here Jeremy's here good afternoon guys how are you. Well thanks for that John I appreciate the intro and as always we're happy to be here Jeremy and I this week have a busy show planned Jeremy is doing an interview with who I think is probably the single best trend forecast in the world. Certainly many of my colleagues in the analysis world also feel the same way and we've had many of people in the show but none as colorful and as entertaining as Gerald Solente the king of forecast. So he's coming up and Gerald he's a very very interesting cat. He's out of New York and certainly has a very very poignant take on what the economy is telling us today and the trends that are being forecasted about that. Certainly go hand in hand with what we talk about which is physical gold and silver ownership. We want to talk about what the big banks are up to this week we're going to talk about colored diamonds on the show today. And I want to just for a quick couple of minutes let people know what's happening. You've got the end of the year coming up you've got the holiday season Christmases just around the corner. You're thinking about what it is you got to get for family members all the gifts and everything but don't forget just as important as your wealth and protecting your wealth. And now you have to start thinking about what your contributions are going to be like and as you know we've talked about it at length here at Guildhall the opportunity to own gold and physical silver in your RSP of any type. You can also do that in your TFSA and certainly you can also take it home but this is what this show is about it's about the beautiful assets that we have called gold silver and colored diamonds. We want people to know it's important and I want to get to that later in the show but it's physical, own it, get in touch with Guildhall if you want to know more about it. If what Gerald has to say about the marketplace inspires you to own gold and silver then touch base with us. Gerald developed a global nomic methodology to identify, track, forecast and manage trends and he is a political atheist. He's unencumbered by political dogma, rigid ideology or conventional wisdom. Salente whose motto is think for yourself observes and analyzes the current events forming future trends for what they are not for the way he wants him to be. And while Salente holds you as passport this man by all accounts is a citizen of the world. We're excited to have him and we cannot wait for you the listener to come back and join us in the next segment. In the meantime, one eight seven seven eight silver is that number and go to guildhallwealth.com for more information real money show continues talk radio am six forty. And we're back with more of the real money show one eight seven seven eight silver online to guildhallwealth.com get your free gold.ca as well. Receive a one gram gold me believe coin for every five thousand US invested in RSP account is very cool. It's new and take full advantage of that as well. If you're planning and looking at natural fancy colored diamonds, you spend twenty five thousand dollars or more on a diamond. You will get a pair of diamond studs to go along that courtesy of guildhall back now in our interview with Gerald Salente here on the real money show. Gerald, great to have you back on the show. Let's get right into the questions here. The first question I have for you is and we're going to have this article. We're going to be discussing and we'll put it up on our our blog and of course Twitter that fortune.com released an article talking about the financial stability boards proposal to end too big to fail. And Mark Carney of course heads the board and they're basically saying that big lenders you know like Goldman Sachs and JP Morgan would have to raise as much as one point one nine trillion in order to recapitalize banks against the next global economic crisis. Where are these big banks going to get that type of money from Gerald? They probably won't and if they end up failing we the people will bail them out. They'll come up with some kind of scheme to force the losses on us just as they did throughout you know much of Europe whether it was Portugal or Greece or Ireland. You know they come up with this line called austerity measures and they'll blame the governments for making bad bets and they'll force we the people to pay them off. We just saw that came out for example here in the States earlier this week Senator Warren criticized the repeal of sections of the Dodd-Frank bill which again was a fraudulent act as well. And what we're going to do is keep in place the Glass-Steagall Act and that prohibited commercial banks becoming investment banks essentially gamblers. And there's a clause in there now that we have to bail out the banks for their derivative plays and they pass that through and nobody stopped them they do what they want. And it's very clear that it's one of our top trends actually came out with 2015. There are no more governments it's bankism. So all this is just noise the banks are running the show everywhere around the world they're in charge and they could talk about this and they'll when things happen they'll say well you know we've warned of it and we're going to have some policies in place we were working on with commissions and other policymakers they'll come up with a lineup baloney and then the bottom line is we'll pay for it one way or another. And let's move across I do agree with that and I also think that in some ways this article could be reverse bailins because they've got to come up with the money and I guess they'll steal it all the way along until that time comes but of course they're saying that this as well could happen by 2022 and we could hit a crisis way before then. I love that. And then and then Bernanke comes out after he leaves. The fed and says oh we had the tools all the time to keep rates at where they could have been or raise them at the time and we've lost that opportunity but he had that opportunity of course too right. Again you read his lies and you can see how they came out when this crisis was happening and these arrogant boys come out with this bad attitude that nobody else knows what they're talking about only them and they throw this baloney on us and then when they have a make a lot of money if he leaves the fed gets a job with Citadel one of the biggest hedge funds in the country it's not the world. And any right to booking gets a fat contract for that then he admits well we really didn't see a lot of things coming and we didn't know some things and underestimated other things. Such a fraud. Speaking of fraud and these four pillars like the World Bank and financial stability board we've got the IMF which recently said that they would allow Ukraine to default on their debt to Russia. Yes which is against IMF principles but again it's bankism and they make up any laws that they want because if you default on a loan then you're not supposed to get any money from the IMF. But the IMF it's the they call it the international monetary you know but it's really the international mafia you know it's just a front and that's all this is it's a banking mafia and they make up their own rules and do what they want. But the bottom line is you know really nothing's really changed from the days when Jesus Christ you know put that pull out a whip and whip the money changes out of the temple. They just got different names. They were shifting the people back then and they're shifting them now and all the IMF is a front for the whole operation. It is part of the mafia the international mafia federation. Let's go across the Pacific and talk about China. They've recently lowered interest rates and I thought their economy was supposed to be doing okay. Can you talk about how that could be a signal for global downturn or global recession? Well not only are they lowered interest rates they keep lowering their reserve ratio requirements you know the amount of money banks have to have. And they've lowered interest rates there are record lows actually in China right now. And when you look at China's you know exports their way off and you look at their imports over the last two months on average they're down almost 20%. That's huge. So there's a global slowdown and China is the canary in the equity mine shaft so to speak. So for example you look at oil prices. Remember when oil prices started going down june a year ago. They were blaming it on Saudi Arabia and America to punish those Russians for invading Ukraine. That's the term they use. Of course Russian never invaded Ukraine but even if you watch the presidential reality show debates last this past week on Fox. Maria Bartiromo threw the question out to Trump. You know when Russia invaded Ukraine. So of course they didn't invade Ukraine but I'm going back to that to show how the whole thing is so distorted. So now the IMF is loaning money to Ukraine when Ukraine owns this money to Russia. They're not allowed to do it. So they're making up this whole thing. We're in a global slowdown as I going back to it and when you go back to China and going back to oil prices. You're seeing Russia for example they're in a recession. They're oil revenues the way down. They're about 4% decline in GDP. You go to all the resource rich nations. You go to Venezuela. Go to Brazil. Go to Chile. All of their economies are down and the leading indicator in talking about Chile is copper. Bring it back to China. China is estimated to import between 40 to 50% of all copper. Copper prices are now hitting 6 year lows. The lowest of 6 year lows. Zinc, uranium. Not only oil remember but they blamed Russia for invading Afghanistan as to why oil prices were going down. That was the point I was making. No it had nothing to do with that. It's supply and demand. If the Europeans and North Americans aren't buying things China is not making them. And if China is not making them all these resource rich nations aren't exporting. So the narrow minds are blaming it only on China saying China's economy is slowing down and it's hurting the rest of it. No it's bigger than that. That's only part of it. So what we're looking at is a global slowdown. Commodity prices. The indexes at what 1999 levels on average. The commodity prices. They keep hitting new lows because of demand. So what we're looking at in China is you go back 20 years ago. China's debt 20 years 1995 was $500 billion. Today it's approaching you ready? $30 trillion. Wow. Whoa. Yeah. How are you going to pay it off? Look at the debt to GDP ratio. Depending on whose numbers you're looking at it's between 250 to 275 percent. Japan kind of same kind of GDP ratio. You look at the exports slowing down from Taiwan from South Korea. From all these Asian countries that were pumping dough into China. Way off. Way off. So this is very serious because then you throw another level on top of it and then there's the geopolitical. And you keep seeing the warmongers in chief, the United States, with this pivot to Asia baloney putting more ships and fleets in the South China Sea. And you can see where this is going. History is repeating itself. You could change China's name to Japan and change the date from 2015 and call it, you know, 1937, 38. And you read the rhetoric of the United States talking about Japan and we have to send more ships there. It's almost identical to what they're saying now. So people think, you know, World War II began because the Japanese bomb pro lobby. Yeah, it's true. They did. But they forget the other parts of the story. Have the United States shut off Japan from their natural resources. Have they put in trade barriers around the world so they couldn't sell stuff? And we won't tell that part of the story. It's a great book by General Smedley Butler, the most decorated marine in American history until the time of his death. And it's wars are racking. And he writes about that very thing, about what was going on in Japan. These civil chair generals, he called them, selling battleships near Japan. And he said, "Suppose Americans in California woke up." And they saw battleships off the coast of California, how would they feel? So that's what's going on in China, just to put the whole thing back into one circle. When all those fails, they take you to war. And the global economy is on, by all, indicators failing. Again, you look at the commodities index. Commodities don't lie. You know, it's across the board. You know, and you're looking now at oil. You know, you have Brent Crude now selling under $45 a barrel. And what was it selling last June? $115 a barrel. Bring it back to the geopolitical connections. Hey, how about those Saudis? The Beatters in chief over there. I think they got 185 heads already, they beheaded. Now they invaded Yemen, sovereign nation. They need $100 a barrel to break even. They're down to 45. So you can see where the destabilization is going to start happening internally within that country. And externally, because of the people that are slaughtering. And then add on to that, the United Arab Emirates. Kuwait. Cut her. One country in the Middle East after another. As these oil prices collapse. Go down to Brazil. You want to have a lot of fun? How about the demonstrations that are going to continue to increase as that nation goes deeper into recession? And all the political turmoil that's developed over there. So you can see what's going on. It's all connected. And so that's what we fear the greatest of is that, you know, the psychopaths and all else fails. They take it a war. They'll take a short break. Lots more Gerald Solenti on the way in the meantime, 18778 silver online to guildhallwealth.com. Remember, get your free gold, a free gram of gold, actually, may believe coin for every $5,000 U.S. invested into silver and gold in an RSP account. More details at guildhallwealth.com. Plus, if you're planning to spend 25,000 or more on the natural fancy color diamond, you'll get a pair of gold studs or probably diamond studs to go with that courtesy of Guildhall. More details online to guildhallwealth.com. The real money show continues right here on talk radio, M640. And we're back with more of the real money show, 18778 silver online to guildhallwealth.com. Get your free gold.ca as well. Receive a one gram gold, may believe coin for every 5,000 U.S. invested in an RSP account. It's very cool. It's new and take full advantage of that. As well, if you're planning and looking at natural fancy color diamonds, you spend $25,000 or more on a diamond. You will get a pair of diamond studs to go along that courtesy of Guildhall. Back now in our interview with Gerald Solente here on The Real Money Show. This is Darren, Gerald from This Point of View. It seems as though there's no cure for this addiction to power money. It requires some type of extremely radical therapy. I know that on previous shows, we've talked about the theme of decentralization a little bit. As one way to dismantle the global pyramid well scheme. I'm wondering if you might throw your two cents in as to other things that might happen that give us some signs that there is some hope that things like decentralization happens or that we can see growth in the correct things that we want to have happen that are positive. It's a moral issue. I want to make this really clear. Lucky I'm still walking around. As you grow older, you're supposed to grow a bit wiser. That's what they used to. I guess at one time, it may be more than a myth. They used to respect the elders. They'd been around a while. They have to tell you about my kids. They're amazing. But anyway, going off the box of the elements, it's up to the human being. You talk about decentralization. You really nailed it. Look what's going on now in Spain with Catalonia. They had an election out of nowhere. The group came up. Nobody ever heard of them. Now, they're running the show in the sense of pushing Catalonia to secede from the rest of Spain. There are two key elements in it. One is they no longer want to belong to the European Union. Number two, no longer a member of NATO. Autonomy. They want autonomy. You got it. And now I ask you, don't you want autonomy? I'll tell you what. I think I should run your life. You know, I know better than you do. Don't you know who I am? I'm a policy maker. I'm a member of a mob. You don't deserve autonomy. What rights do you have? How dare you believe that you will put on this earth to be a free person? It's such a simple concept yet. So complex for people to understand. And yet, you know, I wonder about how people will get to that point because we've seen in periods of decentralization. We've seen what becomes of whole countries, Gerald. You and I have talked about it. When we first met, I remember the very first weekend we ever met you in Vancouver. We talked about this and what might be coming. And I hate to think about, you know, the idea that, you know, these gold bugs that we see out there and things like that. I hate talking about it. But, you know, storing bottles of water and canned food and things like that. But really the idea of revolution or, you know... Did you hear about Ted Koppel that he's buying fruit dried food? I was going with this, right? We're seeing more and more so that the mainstream media, our friends, the prostitutes, is who so aptly called them. The idea that, you know, you need to protect yourself is reaching far beyond the notion of protecting yourself. Let's say an asset like gold or silver or something of tangible quality and going far beyond that at this point. Do you see a time and space where we as a people in, let's say, North America in particular rally up to decentralize and really get to the point where we have a revolution? You do. I thought you would say. Yeah, for sure. Yeah, because, you know, I mean, again, you know, I'm a free spirit. You know, I was very fortunate. You know, I have every day, I think, you know, the ancestors. Of course, we can learn my parents, you know, coming from who I came from, you know, being me without them. And I came from, you know, again, you know, I'm an Italian descent. Salini said that, you know, basically, you know, you can't control the Italians, what you can now. And you can't, you can't, you can't paint your house the color you want without getting permission. You can't cut down a tree. My cousin, I actually do have a cousin, Vinny. And he was outside of Salini, I don't know. He buys a bottle of champagne because I got the wrong one. I got to go bring it back. I want to get this other one. And he couldn't bring it back because the tax already went to the government when they ring it up. And everybody there I talked to, I said, what are you going to do? What are you going to do to stop this? What are you going to do? I said, what could we do? What could we do? They lost a fight. And people have lost a fight. And it's global. Again, only in pockets where it's happening. There's a great quote by one of the founding fathers of America, Samuel Adams. He said, it does not take a majority to prevail. But rather an I rate tireless minority keen on setting brush fires of freedom in the minds of men. It does not take a majority to prevail. And that's what people don't understand. You look at what happened with this new book that George Bush Sr. just came out with. Where he calls Dick Cheney arrogant and iron ass. And how he manipulated his little boy George. And you think about it. I mean Dick Cheney, I mean Marvel comic books couldn't come up with a better caricature. And you don't know whether this guy's smiling, sneering, or his mouth always looks the same. The small smileer is sneer. An arrogant little guy talks tough. A draft dodger got five deferments, never served a day in his life, but starts war. And I'm making this point because people think it's a big conspiracy theory going on out there. And there's a lot going on and a lot of puppet masters that are telling the puppet what to do. It's not it at all. Dr. Paul Craig Roberts, of course I'm sure you know the former assistant treasury secretary under Reagan and he's out there a lot on the media that I'm out as well. He also contributed by the way to how a magazine The Trends Journal. And I talked to him one night. I said you know I'm looking at this photo in the New York Times and here's Obama and his national security team. I said who's really making the decisions there? And he said just who you see? This is a guy that was in the White House who could call in the director of the CIA and question him on the oath, which he did. And by the way he was here at our conference this past September. And he rarely travels anywhere. And he came to our conference as a speaker. And there's a video that people can get by going to our website trendsjournal.com, trendsjournal.com. And you'll hear in this video things you can't imagine. And this is a guy Mr. Inside with Reagan. Anyway, going back to George Bush. His son, little Georgie, had written a book. And in that book he said I never asked Dad what I should do. This is called A Portrait of My Father's Book. And he goes on to say we both knew that this was a decision in the meaning to go to war against Iraq. That only the president can make. This is a decision that only the president could make. This little freak of a man, this little clown of a boy making the decision for 316 million people to murder a million Iraqis to destroy their country based on lies. Where's the courage to be the people? How could they stand up and tolerate this? And there's no reaction coming. Everybody knows this just came out this book about the old man saying his little boy was pressured by Cheney and Rumsfeld. Sure. You make a good point and you brought up Samuel Adams and I'd be remiss if I didn't also use a quote that I like from Samuel Adams, which is the natural liberty of man is to be free from any superior power on earth. And it goes on and on to say about the will and legislative authority and so on. But that idea that we have too much power in a centralized theme happening around the world. I want to just touch quickly on Gerald, an old theme that we've visited with you on many times. And if we might spend just a couple of seconds discussing it, what are your thoughts these days on gold and the gold market in general? You know, I'm still the same. I mean, why would I want, look, they're talking about negative interest rates. You know, you guys are nice guys. I got a deal for you. Buy some of my German Swiss or even Italian bonds with my lousy GDP debt to GDP ratio. Pay me this amount now and in 10 years when you cash them in because you guys are so nice, I'm going to give you less money. It's such a simple concept when you say it that way, but yet people just don't get it through there. Why would anybody that has, you know, could able to tie their shoes would do something like this? You're going to win. Let me get this straight now. You want me to loan you money. And then when I pay you back in 10 years, you're going to give me less than I gave you. Yeah. Don't you know who I am? I'm a banker. It's amazing that they can do that because at the same time, you can just print money at QE and just take their money anyway. And look what they're going to do. You're talking about QE, that other Goldman Sachs, Gang Mafia, Cat, Mario Draghi, head of the ECB, right? He was out of the European Division of Goldman Sachs. They're talking now about negative interest rates and more quantitative easing. So going back to gold, why would I want devalued currency? The only reason the dollar has any strength at all is because of the weaknesses of all those other currencies I was talking about because of the decline in the commodity prices and the global slowdown. What does the United States, sitting on 19 trillion in debt when you put in all the entitlements and all this money that they owe? You know, it's way, way over that. Second to hundreds of billions. So why would I want to own? So to me, gold is, you know, I don't buy it to speculate. I buy it to keep it to hold. And I don't give financial advice. And I'm not, you know, I was just saying what I do. Why would I want this other kind of, you know, digital money not worth the paper, it's not printed on? That they keep, you know, as I mentioned to you, look at the debt load of China from, you know, $500 billion in 95 to now we're talking, you know, three, almost 30 trillion. You have a $225 trillion equity bubble that has been built from this quantitative easing and zero interest rate policy. Why wouldn't I want to own gold? Because, you know, as I said, you know, you're looking at more than just economics. You have to look at the, you don't have to. That's another Bronx thing. You've got to look, you know, you have to. I mean, you have to. You know, the motto, by the way, to what to me by my dear father is so rest in peace. Anytime I'd be shooting my mouth off, he'd look at me in an Italian and he'd say to me, "Papagalo, parrot, stop repeating what everybody else is saying and think for yourself." And so if I heard that, I realized I better before I open my mouth know the fact. So what I'm saying, you know, this is just the way I say it. You think for yourself. But as I said, when you see this kind of debt load, when you see this $225 trillion equity bubble that has been inflated, does anybody think it's not going to burst? So if you don't think it's going to burst and you think things are going to go on fine, then stay in the digital currencies, you know, that they just keep making up. Look what happened last week here in the States. Macy's. This is a good example. You know, the middle class, the middle class joint where you buy not so great clothes anymore. But anyway, Macy's. When I was a kid, by the way, there were two Macy's. There was one down in Harold Square and another one up in Yonkers, Harold Square in New York City. And now, of course, they bought out everybody and they become this big giant. When you become that big and you owe all that money and you have very thin profit margins, when things get a little shaky, so too does your business. This stock is down about 38% yet a date. They just came out with the report a couple of days ago and about a 5.2 decline in sales. You look at Walmart, sales is down. Biggest stock sell off they had in 15 years, a couple of months ago, a month ago. It's telling you what's going on in the marketplace. When you have the strong middle and the lower end, both showing great weaknesses to the greatest companies, it shows you what it looks like. So, when things do fall apart, and I believe they will, because these schemes undreamed of that they keep making up, again, negative interest rates, too big to fail, zero interest rate policy, quantitative easing, these things never existed before. Oh, by the way, you have people complaining, you know, the failures of capitalism. This is not capitalism. Again, another Italian called it fascism, the merger of state and corporate powers. That's a Mussolini called it. So, when you have two big to fails, those are four words of kill capitalism, plus all those other banking interference. So, why wouldn't I want to own gold? Because then you look at the geopolitics, and you go back in history, I was talking before about World War II. You named me the country where you couldn't buy your way out of freedom if you had some gold. And so, it's more than just buying your way out of freedom. It's staying free, it's the way I see it. So, gold prices may go down, but to me, I think I believe they're near the bottom, and the upside potential is well over 2,000 to me. You know, it never reached where it should have the last time. You know, very interesting, by the way, go back to 2011. And when gold prices hit their peak, I think it was about, what's it, 19? 1,927, I think, something like that. Right at that time when it happened, MF Global collapsed. There's a huge commodities trading firm run by another member of the Goldman Sachs gang, John the Slime Corzine. And it's interesting that that collapse was when gold peaked, because a lot of faith was lost then in the commodity markets. And I was one of the guys that got shifted in it, because I had the number of contracts that I was holding. I was ready to cash them in November of that year of November. The company went bust on October 31st. Happy Halloween. Gerald, one of the things you were just talking about before was the idea that people think for themselves. And I do think that in many respects, sometimes we need a little help with that, and that's why I think the Trends Journal is so great because you are offering an alternative opinion, more informed opinion in many respects. And I was wondering if you can tell people a little bit about the Trends Journal and of course Occupy Peace because it does give people the power to think for themselves. Yes, the Trends Journal is a quarterly. The new one will be out just today. And we also do a Trends monthly and a Trends this week. Since we have each weekday night trends in the news broadcasts, to give you history before it happens, analyzing the news and showing the implications. And of course we have conferences as well. We have another one coming up in Naples, Florida. I mentioned we just had one here in Colonial Kingston in September. And Occupy Peace, and this Trends Journal also talks about the rally we just had on September 20th. Ralph Nader here, Cindy Sheehan, Dr. Robert Thurman, Gary No. It was a real first class operation that we put on. And this is like no other peace movement that anyone has ever seen. In the sense that this isn't about marching, homing, and praying for peace. This is about an action plan for peace. It's about honoring the Founding Fathers. And the Founding Fathers, beginning with George Washington, a real warrior, a guy that fought in the war, led to troops. Not these little boys that play basketball, shoot pool, dry pickup trucks, and love to play golf. This is a real man who led the charge, a real commander-in-chief. It's farewell addressed, no foreign entanglements. Jefferson, Madison, Adams, Franklin. Every one of them, no foreign entanglements. And the World War back then, you know, polling and what? How many people did he lose, 400,000 marching to Moscow? No foreign entanglements. So that's what Occupy Peace is. Close all the military bases overseas, bring home the troops, secure the homeland, and this is the big end. One of them forced Congress to vote to go to war, as they're supposed to do in the Constitution. I mentioned to you the quote, "The little boy Bush, George Bush, taking us to war against Iraq." And here's his quote. His quote is, "We both knew, talking to his father, that this was a decision that only the President could make." Congress has not voted to go to war since World War II. Only the Emperor-in-Chief has been deciding it. So one of the other elements of Occupy Peace is to force Congress to vote, whether or not to go to war. And the final element is to have on each state ballot a referendum, where we the people will tell Congress how to vote, because we're the ones that pay for the war with our money and our lives. The Senate's sons never go. You won't see Obama's kids going. Clinton's kids. The Bush boys didn't go. The father did. It was World War II. Again, different. Congress voted for that. So that's what Occupy Peace is. And it's not a slogan that with peace comes prosperity. It's a fact. No money is spent on production, education, development, research. It's exactly what Eisenhower, the five-star general Supreme Commander of the Allied Forces in World War II, and two-term President warned in his farewell address that the military industrial complex was taking over the nation, robbing us of the genius of the scientists, one of the laborers, and future the children. Here we are. So that's what Occupy Peace is. To turn it around, bring prosperity back to the land of opportunity, and to promote peace worldwide. That's amazing. Gerald, on behalf of everyone here at the Real Money Show, I want to thank you so much for joining us today. And of course, we look forward to speaking with you real soon. Oh, thanks so much for having me on, and thanks for all you're doing. And we've got to thank Gerald Solante once again. And the number is 1-877-8-Silver Online Guildhall Wealth.com. Get your free gold.ca. Check that out as well. What you'll get there is you'll receive a one-gram gold maple leaf coin for every 5,000 US invested in an RSP account with Guildhall as well. You'll look at a natural, fancy-colored diamond. It's a diamond purchased by you for $25,000 or more. You'll get a pair of diamond studs to go along with courtesy of Guildhall. We'll get into diamonds here after we take a short break. This is the Real Money Show on Talk Radio, AM640. Back with more of the Real Money Show, 1-877-8-Silver Online to Guildhall Wealth.com. Got to thank Gerald Solante once again for the interview, the last couple of segments. He's got lots to say. It's hard not to listen to him, right? He's a gentleman among gentlemen. He certainly says how he feels and doesn't hold back. You were right about that in the earlier segment, John, in saying that. And certainly gave us some, well, what I think is incredible insight into trends developing now. Jeremy asked some very poignant questions, and I think him and Jeremy have actually spoken a number of times, and we do speak with Gerald on quite a regular basis. And I think you're getting some inkling as to what the world is going to be doing in the next short while, and certainly as it relates to gold and precious metals in general, I think people are very pleased with what they're hearing. So we'll go from there, and certainly there's lots to talk about, but I think ultimately that this bodes well for the near future and what he was talking about certainly lends itself to what we're going to be talking about right now, which is color diamonds. Again, we're very happy to do it, and pleased this week was an important week in color diamonds. And we're excited because the news is unbelievable. If you have a computer screen in front of you, or if you have an iPad and you're not driving, you have time to look, please look up the two important auctions that we're going to be talking about this week. And I'm going to bring to you an article that was given to me by Nicole Snippman, the queen of color diamonds from Guildhall. And this is an article by Avi Krawitz at Rappaport entitled Beautiful Diamonds That Sell In Any Market. And I want to read a little snippet here. The hype, Sotheby's, and Christie's auctions in Geneva this week created a buzz in the diamond trade that is otherwise starved for excitement. Now, keep in mind as I'm reading some of this article, it also pertains to the white diamond or the largest segment of the diamond market, which is, we have said time and time again, is not great. So we don't want people to think that this pertains necessarily just to color diamonds, but these two auctions are very important. The article further says, Sotheby's on Wednesday sold a cushion-shaped 12.03 karat fancy vivid blue internally flawless diamond for 48.5 million or 4 million per karat, setting a new record for any diamond or jewel sold at auction according to the auction house. The day prior to that, Christie's sold a cushion cut 16.08 karat fancy vivid pink. This was a VVS two clarity diamond and they sold it for 28.5 million or 1.8 million per karat, which that auction house said was a world record for a fancy vivid pink diamond sold at auction. Now, both stones were bought by a Hong Kong billionaire named Joseph Lau, who named them after his seven-year-old daughter Josephine. Now, the prices are quite remarkable in of themselves because considering the general state of the white diamond market, according to David Bennett, chairman of Sotheby's International Jewelry Division, stones such as the now named the blue moon of Josephine are so exceptional that they're likely to perform well in any market. He said, which was in an email to wrap up for news prior to the sale. Now, what he's doing there, and I'll end quotes, is giving us insight into what's happening in the color diamond market, John. You're seeing a market that all around us is in flux. A world market that the economy, where the economy is uncertain, as Gerald talked about in his interview, there's uncertainty everywhere and how this world could be touting that we're going to get better, is it's just unimaginable. I don't know how they can continue to do it. I have to say that there's a lot of sheep out there and the wolf continue to pull the wool over their eyes. So, there is a very, very important lesson to be learned here, and that is that color diamonds, for those of you who own them and for those of you who are thinking of buying one, they typically do well in all environments. So, when things are rocking and the economy is going really good, you may find you get more mainstream interest in investing in these types of assets. And when the economy is not going well, you're still going to make world records. This is world records made what is arguably on the backside of a terrible world economy, and you're not seeing these records made at the peak of an environment, which also tells us that people are using these assets as alternative avenues for generating a return in protection of their wealth, something that Guildhall has touted for years and years and years. 18778 silver online to guildhalldiamonds.com, reminder as well that for now, if you take advantage of, you get a pair of diamond studs for every $25,000 spent on color diamonds with Guildhall. Jeremy? Yeah, Darren, you nailed it. Color diamonds are an alternative, hard asset class, a great way to store money, and of course, these diamonds are so rare, they are always moving up in value because there is always a market for rarity. And we see that time and time again in the color diamond market. I've spoken a few weeks ago just talking to a client who bought an intense for $19,000 taxes in. Not two years ago, today that diamond wouldn't sell for anything less than $24,000 per tax. So that just shows you that a diamond can do very, very well. And what's really nice about color diamonds is the more you invest, the more rarity you're purchasing, and the more rare the diamond, the higher the return. So that's something that you don't see in other types of investments like stocks where it doesn't matter whether you put $10,000 or $100,000 or $500,000 in, if the stock goes up 10%, that's what you're making. So color diamonds are great that way in terms of buying rarity. We've got some great diamonds in right now. And actually, before we talk about that, we just completed a ring that I want to quickly discuss. So a customer came in, they wanted to get an engagement ring. And they had their budget, they knew what type of diamond they wanted, and they went with a one-carat fancy. Great price. And we started to look at the designs, and we have a designer that makes just remarkable work. And they didn't know quite what they wanted. So we sent them out to go look at the high-end jewelry stores and get a feel for the style of ring that they wanted to create. Well, when everything was said and done, they were able to get a one-carat fancy yellow internally flawless. It had a double-halo ring, and it was all done for less than $20,000. Wow. When we compared that custom ring, perfect diamond, compared it to the big-name brand stores and what you had to pay for when you're paying retail prices. For comparable. First of all, those high-end dealers, high-end retail stores don't have comparable diamonds. They're not going to sell internally flawless diamonds. They might sell VS1, but we don't sell VS quality when we're selling fancy yellows. We might come down from an internally flawless on a vivid yellow, which is the most saturated color. We might come down a little bit in clarity down to a VVS. Maybe VVS, if the quality is impeccable, but you will never see an intense yellow at this time for less than internally flawless. And same thing with a fancy, which is the lowest level that we would go to. They might sell a comparable VS quality, fancy yellow, which is two levels down, and it would be significantly more expensive, at least 30% higher for something less. What a great time to look at a piece of jewelry like that where you can buy a fancy yellow or an intense yellow ring, and then if you're spending over $25,000, also get the diamond studs to go along with it. So you could get an investment diamond and a gift for Christmas all at the same time. We thought, what great timing to offer that. And so we have some diamonds coming up on the site within the next couple of weeks. I've been a little lazy, admittedly, to take the photos of the diamonds to get them up, but we do have some diamonds coming. We have a great pink that if you're interested in the pink diamond market, especially Argyle Pink's, we have a stunning pink that's going to be coming up to the site. Darren, I know it was a .41, right? Intense, and it's going to be, we got a nice price on that, so that's something to definitely call us about if you're interested in pink diamonds. Darren doesn't also speak to, I mean, look at a guy that you mentioned at the top, this Joseph Laude Guide Billionaire, a property developer in Hong Kong. Guy's worth about $10 billion. If he's going after these assets, this guy knows how to make money. And by the way, these aren't the first two diamonds this guy has purchased, right? He's got about four or five in his collection, all for his kids. All for his kids, and he's done this for some time now, and quite frankly, money makes money, John. That's the way it's viewed. So whether you're starting at 20, 30, 40, 50, or 60,000, whether you're starting at 28 or 30 million, money makes money. And that's the way people work in this world, and ultimately, yes, I think most people would like to be very quiet and private about types of investments like that. But this made a big splash, and this just goes to show you that there are people out there who know how to get return on their invested dollars. And color diamonds bar none is one of the best ways to do that in the world that I could think of. That'll do it for another week, guys. The number to start investing is one eight seven seven eight silver online to guildhallwealth.com. Reminder, get your free gold.ca. Receive a one gram gold maple leaf coin for every $5,000 US invested in an RSP account. And if you're buying a diamond worth $25,000 or more with guildhall diamonds, you will get a pair of gold earrings as well to go along with that. It's very nice. So take advantage of that. As soon as you can, again, the website is guildhallwealth.com for more details. This has been, once again, The Real Money Show on Talk Radio, May M640. 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.