The Real Money Show
The Real Money Show - August 29th 2015
The Real Money Show with Guildhall Wealth Management.
And welcome to The Real Money Show, the number two start investing 18778 Silver online to guildhallwealth.com, the investor kit, the precious metal advisor, the E store in the top right corner of the website and using your TFSA and RRSPs to start investing as well. There's all kinds of ways to do it, Paul, where all these usually start out with a week that was in an update, however, thanks. Well, we're recording this year Wednesday this week. The week has been a strange, strange week. Last week, we had China evaluating the one. This week, they've actually, we're not devalued, they've cut their, the people bank of China cut the bank rate by a half a percent, bringing it down to four and a half percent. But everything basically is collapsing in China and this is affecting everything around the world. I mean, we're so closely knit now. Europe, everything, it has been down. The stock market in the US has dropped $2 trillion in seven days, which is a terrific amount. China has lost a trillion dollars off of its value. And it's a trickle down event, which is starting to affect virtually every country and every currency. We've spoken about before currencies driving down, it's a drive to the bottom. And I'm going to talk about not this segment, the next segment, how currencies have depreciated against the US dollar. Now, what this basically means is that, you know, whether it's Japan, whether it's Great Britain, whether it's Canada, Canada is a great example. As we're recording the show, the US dollar to the Canadian dollar is about 133, which means, you know, within a year, we've dropped a third of a value. So every thing that we buy, now, we don't grow too many oranges or lemons and, you know, in Canada. Most of the food we buy comes from across the border, except in the summer months, we grow a few fruits and veggies. But everything that we import, our exports, you know, are automobiles and that type of thing. But imports are going to cost a fortune now. And all these emerging countries around the world are suffering from the same problem. Their currency has been devalued, whereas the dollar has got so strong, the dollar has become the best house on the worst street. And if you look, what's happened over, you know, the past couple of years, in currencies, and America wants to blame China for depreciating the one. But it's, you know, I think the US is probably the culprit. We started off with Russia and Ukraine, and we put sanctions on the Russians and, you know, the price of oil. We drove the price of oil down. And because they drove the price of oil down, it's affected the US economy. Drillers in the US, most of the oil companies, a big announcement today, the one big oil company, bought another oil company out. They're fighting for their lives. They're going to be laying off people. You've got to look in the States. They're saying the economy is great. Unemployment is down. It's nonsense. It's all smoke and mirrors. The average person in the States is living paycheck to paycheck. Wall Street did exceptionally well with the stock market. But we've, they've knocked off virtually every, all the gains that they made from 2014 to 2015. It's got knocked off by this two trillion dollar takedown of currencies. So, you know, if you didn't cash out, last one in first one to get hurt. We're looking today, and the week that it was, if you look at, for example, Canadian dollar, Canadian dollar trading at 133, the euro went up to 1.15, five. It's back down to 1.13 and change. Gold, as we're recording the show, is trading at $1,125, silver is trading around about $1,410. As we recorded the show last week, silver was $1,560. Now, it doesn't make any sense whatsoever for silver and gold to come off from last week to this week. Nothing has changed. It's a hard asset. We are short of gold and silver. All the mints, whether it's the US mint, whether it's the Canadian mint, whether it's the Perth mint, all the mints around the world do not have gold or silver to ship to their clients. We're waiting for goods. We have goods on order from, I think it's July 13th now, and we're still waiting for metal to come through the door. It's allocated to us. You know, the mint will get caught up eventually with production. But the small investor out there, or the most investors that are buying gold and silver are having a tough time getting it. Guildhall, we actually have a lot of product available, and we're filling every order that comes through the door. So whether you go to our website, guildhallwealth.com, go to the right hand corner, you'll see the e-commerce store. You can buy gold, silver, platinum, palladium, but basically gold and silver is the two metals that are moving. Whether you're a small investor, you want to take it home, or you can put it in a safe, secure deposit, which is segregated, allocated. It's insured with Lloyd's in London. We also have financing available on precious metal, but that's not for everybody. And the other, you know, best investment that we love even today, and we've got on the show today, Nicole, my daughter, and she's going to talk about diamonds. And when you look at these turbulent times as well, natural fancy-colored diamonds really do stand their ground. You don't have to look at the price. You're not going to throw up on your shoes every time you get a statement from your bank or your brokerage house. They just go up steadily, and we're going to talk about that a little later. Well, you mentioned the deposit store. That's key and timely because this week just on the news, there was a big rash of break-ins in Richmond Hill and Thornhill, like dozens of homes, and the guys were literally, they had people ready because they were stealing jewels and melting them down right away. So you don't want to keep the stuff in your house. That's what, you know, all these stores that say we buy your gold, we buy your silver, it couldn't be a better place for, you know, B&E artists to go to. I mean, you know, they steal it one second and take it into one of these stores. Done. And they don't seem to pay too much attention or where it comes from or how they get it. But that's another story. Guildhall, we sell physical product. The product we have is from the Royal Mint mainly, and we've introduced as well some products that we have gone down extremely well, and I go to congratulate the people that have taken advantage this week of the market dipping and taken advantage of buying product, whether we have introduced combo sets. And combo sets, as little as 22 ounces, where you get a 10-ounce bar, 10 maples, and two 1-ounce bars, you can buy a 50-ounce combo, you can buy a 100-ounce combo, which is five 10-ounce bars and 50 maple leaves, and we have a 200-ounce combo, which is a 100-ounce bar, Royal Canadian Mint, 50 maples, and five 10-ounce bars. So you can get in for like $300 or you can get in for just over $3,000, but it's a question whether you want to take it home. If you take it home, silver weighs an average of six and a half, seven pound for a 100-ounce bar. So if you're buying a 1000 ounces of silver, that's 70 pound, you know, that's tough to put in a safety deposit box. It's a little bit lumpy to put under the mattress. It's not, and it's not smart to keep, as you said, product at home, there's a lot of home invasion, there's a lot of needy and greedy out there, and when they want something, they're going to knock down your door and take it. So for us, your insurance company is not going to pay you out much more than about $1,500, and if you had $50,000 worth of product at home, it's no good. So you're better off putting into a depository, and our depository is going to cost you one tenth or one percent a month in storage on the value of the metal. That's cheaper than your home insurance, and it's the way to go. So whether, you know, you're starting off with three, four, five hundred ounces, or whether you're, you know, a big investor with 50,000 ounces, there's a positor is the way to go. We can give you the bar numbers, it's allocated, it's segregated. You can visit your product, the depository is in Mississauga. The other thing we're excited about in these markets. Now, when you look at the market and gold and silver has been beaten up pretty badly over the last four years, but if you look at the price of silver, even at $14.10 today, it's putting it into Canadian dollars, you know, you're around about $18, you still haven't done any damage if you bought it a year ago. If you paid $14.15, you're actually up a couple of bucks. The best way to go around, in my opinion, is if you have a TFSA and you haven't used it, you can put up to $41,000 Canadian and it's a tax-free savings account. You can put gold or silver into that account and we work with Questrade. They're the custodian. We do the purchasing and they use the same depository as us where we store the product, but Questrade does all the paperwork. It's very, very simple, but we're going to be doing seminars in September and we're excited about that again because we were doing them in June and July, May, June and July, and they were very, very successful. So we're going to be putting on seminars again in September and listen to the show for the dates and the times and we are actually also going to be doing them at Questrade's offices, so we're excited about that. But Nicole introduced actually the combo sets of silver to our clients and we're also going to bring out some gold combos and Nicole, won't you tell us about the new platforms that we've got, how easy it is to open up a TFSA and an RSP and the promotion that we have? Sure. First, let me just get into the combo packs a little bit. The reason that we came up with them is because we're all about value. So Guildhall, we're really into accumulation, accumulation for the clients and what's the best way to do that yourself? A lot of people, some people like hand-holding, some people have to do it yourself mentality. They don't need the extra help. They know what they want. They want to get in and out. So if you're someone who you just maybe want to buy a coin or a bar for your child a week, you can easily do that at the e-store where local you could pick up or you can get into the combo packs where you're saving a bit of money. So we have four combo packs and they range from a couple hundred dollars up to a couple thousand dollars. So we really have something for everyone and the more you buy, the more you save. And we do the same thing. We have a fabulous promotion coming up for the RSPTFSA accounts where you can actually earn gold. So yeah, it's amazing. So the promotion will be starting September, but if you're interested in finding out when the promotion actually launches and you want to get more information, you can go to getyourfreegold.ca. Did that again? Get your free gold.ca. So I know we give out a lot of URLs here, but you want to check out that site and you can just sign up and we'll let you know when the promotion is live. But if you want to get your paperwork in order and get everything done now, we can help you set up the account now before the promotion hits. You'll still get your gold and this way get in now while the price is good. You guys are making it really easy. Really easy to get product. Really easy and a great way to accumulate and we're rewarding for that. And the other thing I wanted to mention about the price, I know Paul was saying that we got hammered, but it's interesting because it's on sale. Like people are always worried about the price dropping, but if you went into a store, like I took my son yesterday to a very famous Canadian brand, you know, the one with the beaver and they had 30% off and I'm thinking, that's a great price. But if this store was filled with gold and silver and it was 80% off, everyone would be loading up. So it's all in how you think about it. Get in while the price is on sale. Get in now. It's so cheap. This is when you want to start accumulating and it's a long-term hold. So when it starts going up 18, 20, you know, all the way back up to 50. You'll be the brilliant one. Yeah, exactly. That's the benefit of being in a TFSA or an RSP. I mean, when you're buying an RSP, you know, you're putting the physical product into an RSP, whether it's, you know, gold, maples, gold bars, silver bars, 100 ounce bars, whatever you're doing. When you put in an RSP, you're putting in there for the long term. Right now, it's going to cost you, you know, to store in basically 1/10th of 1% in an RSP or a TFSA. Now, if you look at the price of silver, the price of gold, over the next four years, do you think it's going to go up 5% because I've got to tell you, I've been in this business a long time and we've been in silver since silver was trading at $3.80 and gold was $250. And even over the last 10 years, silver trading at $14, you're still up 300%. And gold trading at $11.25, you're still up 350%. Even at these prices that are fire sale prices, fiat currencies carry on being, you know, they're printing, they're printing the printing central banks are printing themselves, you know, out of business in actual fact, because what they're doing is they're depreciating their currency. And when we come back in the second segment, I just want, I'm going to give you some information about the percentage of how currencies have dropped against the US dollar and it's incredible. We'll pick that up one eight seven seven eight silver online to guildhallwealth.com precious metal advisor the east or in the top right corner and how to use your TFSA and RRSP to start investing in precious metal the stuff you can hold and see more of the real money show coming up on talk radio am 640 and back into more of the real money show one eight seven seven eight silver that is the number to begin investing guildhallwealth.com with the website RRSP TFS a you can use those as well grab the precious metal advisor and the investor kit all worthy tools to begin investing with guildhall we're going to pick up where we left off Paul that's talking about currencies fiat currencies yeah yeah central banks have been printing money like crazy since actually 2011 actually before that but we've had in the state's QE quantitative easing one two and three now they've been trying to put the interest rates up they've been you know all these talking heads that you see on the business shows that well we're going to get in in September we're going to get it back in August we're going to get in last June now it's going to be 2016 most of the smart money is calling for QE4 which means they're going to put even pump more money back into the system this morning China put in 22 billion dollars back into the you know into the system into the stock market they dropped the interest rates by half a percent one of the things I kind of look at at China is really can you believe everything I mean there's some really small people out there and I listen to all the shows does everybody believe China tells the truth I mean that's what I kind of look at it's a communist country their banking system they have two banking systems they have one banking system where you suppose they keep about up to 19 percent extra in the in the in the banks so that they can lend money and then they have a shadow banking system that lends everybody you know I mean it's like having a shy look on the street with low interest it nothing actually makes sense out of China that I ever hear I mean when I hear about all the cities that they built and they're empty you know even coming to a thing and lost way into the Bahamas and Atlantis they bought a property no Atlantis but the other end of the island and they brought in 10,000 Chinese workers to build this casino and hotel things and even that you know didn't meet the standard of you know whatever concrete they were using or wiring what they were using or something like that and they went into chapter 11 and I mean I look at China it's a big marketplace I think over period they're going to do exceptionally well you know when they're talking about how what they produce and you know they've been a nine 10 percent productivity and you know now it's seven percent or six percent you know cut it in half call it three call it four and you're probably the real figure and so this would everything is kind of expected the printing of money has actually caused the devaluation of every single currency it was a it's a you know driving down to the bottom the US currency is extremely strong so when you look at imports you know the US are importing so much product from China if you look at Walmart or people like that but then their exports become very very expensive against other countries now if you look at the auto companies and we spoke about this two three four weeks ago I think John when we said we saw the pictures of cars that been manufactured in the States you know in these parking lots and there was thousands and thousands and thousands of cars and yet you know the auto industry said well you know we're doing great all these cars on the law where is everybody the biggest output or the people buying the most cars was in China now if their economy is slowing down guess what there's going to be a pretty big backlog of more cars sitting on that car lot you know the figures always seem to be juggled I mean I don't know who you can believe in these marketplace but they did a survey this morning on CNBC what you know what would you buy and what would you sell now I've been watching CNBC you know since this broke last week and not one talking head has said you know gold and silver is a great investment it's a real asset it's money they're all talking about stocks they're all talking about you know don't worry don't panic it's going to be all right nobody's talking about why don't you buy gold it's safe it's been the best bet for the last five thousand years currencies used to be backed by gold and silver now they're backed by oxygen I mean there's nothing to back up any of these currencies but the interesting thing out of the survey and this was on the European one was that four percent of the people said they would buy gold and silver they would buy apple stock they would buy the other one with the movies google and the other one with the movies can't think of the name and four percent said they would buy gold and silver but nobody mentioned on any of these shows you know you should have a hard asset in your portfolio gold and silver little hedge a little insurance policy everybody out there I believe you know has life insurance health insurance car insurance home insurance but how many of you out there have insurance against these turbulent markets how many of you are listening to this show this week and have looked at your portfolio and you got a little killed not a little killed you got a lot killed the markets came off yet they're telling you not to panic stand for the long this could come off another 30-40 percent last week I read you an article from a client from somebody and then there was another one from Mark Faber and he's calling for 40 percent correction in this market place now if you've got you know maybe a hundred thousand dollars and you get crippled 30-40 thousand dollars and that's your pension or that's your kids education that's a lot if you got 50 million and you lose 20 million guess what you're still going to eat your three squares a day all right I mean that's not going to affect you you know you're going to still live in the same house you've got another house somewhere else you're still going to travel you're still going to go out for dinner but the average person that's got maybe 50,000 and they lose 20 you know 30 percent 40 percent you need to have some insurance even though gold and silver is down I believe gold and silver is going to really increase I think you're going to see by the end of the year Silver's trading at 14 dollars I think you'll see 17-18 dollars I think you'll see 13-1400 dollars gold that's US not Canadian US so at these prices 14 dollar silver you know 1125 dollar gold it's a bargain it's an absolute bargain the numbers 187-78 silver online to guildhall wealth.com you know Nicole I've mentioned several times that you can use your rsp room rsp tfs I mean you've already got them anyway probably what's in there's a dog so why not move it over to metal right exactly because you're owning rsp every most people are comfortable with that it's safe it's secure and people are just comfortable with that concept because we've been doing that for decades so if you've been thinking about hard assets what a beautiful way to own the hard asset own the rsp or rsp or tfsa and have everything that you need if these stocks or or the funds that aren't performing for you trust that this this market's going to move up we don't have a crystal ball we don't know when but we know it's going to move up it just if you look at the fundamentals Jeremy's always talking about the fundamentals how it's in everything I mean you can ask a child and they could figure it out it's in your photography it's in your mouth you know it's in the computers it's in everything so how does it make sense that it would be so cheap it has to move up we just don't know we know it's manipulated we just don't know when it's going to move up why not set it up now you're ready and you'll be protected for your future I have an rsp I have the traditional rsp and I think it took about four or five years my ripple kill me but it took me about four or five years just to pay the commission you know to get that part if I would have just put put it in with bullion I mean I would have done fine for sure and I wouldn't have had all that commission to pay and I would have known that I have it now I have physical for my kids but isn't it nice to know you have a bit of everything and I think that it's overwhelming because especially as a new parent you go to the mall you go to these baby shows and they're hitting you from every angle about rsp's rsp's three times and you don't know what's in that fun you can't choose it for yourself but if you're the type of person who likes control and you like to pick what you what's in the fund what's in the account what a perfect solution you can put gold you can put bullion uh silver you can put platinum palladium put it in the account have the rsp or the rsp have it for 20 years save it and you'll do really well and it's funny Paul you and this is something Darren has kept saying you know Nicole mentioned silver and there's less above ground than ever that's a scary part right so get yours it's been used up I mean silver's you know silver has been traded to this week as a base metal as an industrial metal not as a precious metal uh silver's used in virtually every type of manufacturing you know whether it's in solar you know those solar panels there's silver in it whether it's flat screen tv's everybody's got a cell phone there's some performance silver there um the new uh they're using it in medical for bandages because silver doesn't contract bacteria it's even used now in building their homes they're using it in all types you know in sport wear uh it's there because it you know it doesn't build up bacteria but there's a shortage and again people are also the amount of people that own physical gold and silver is basically amount three percent of the world's population so 97 percent of the rest of us either own real estate um maybe some hard assets maybe some antiques some people collect baseball cards some people collect automobiles but most of us or most of not me but most people out there have got their money in paper and equities um and equities are trading one of the reasons that you know the chinese uh stock market crash because it increased something like 360 percent in like a few months uh and of course anything that goes up there quick is going to come off that quick and everybody got into the game i mean it happened uh in in 1929 when there's you know that was a huge sell-off but everybody owned gold gold and gold not gold and silver but stocks one of the problems why silver and gold is actually even sold off this week because it's a hard asset it's a physical product people have been selling the physical product to pay their margin accounts the word is margin accounts in the stock market you know when you lose like yesterday the stock market was up 400 points on the down and finished up two down 200 you know that we're getting swings of seven 800 points in the stock market so people are getting hurt because if people are selling off and these a lot of this is electronic trading um but you get a call from your brokerage house and they say look you got to put some money and otherwise we're liquidating you what are you going to sell you're going to sell something like gold you're going to sell something like silver because it's real money and turn it to pay to put your money back into the stock market because everybody's out there is saying don't panic it's it's okay the mark mark is going to go back up but what happens if it drops 15 20 percent you know what what are you going to sell off then the kids the wife you know um people look to sell off hard assets quickly and they always sell off the best to pay for the worst which is not the smartest thing to do but anyway look to buy gold and silver you need to have anywhere from 10 to 25 percent it all depends what type of person you are as a hard asset in your portfolio go to our website go to Guildhall wealth go to the e-commerce store start off buy a couple of hundred ounces buy anything but you know have some physical product put it in the repository take it home you know put it in an RSP RTFSA and the thing about opening an RSP RTFSA there's paperwork involved you know anybody's took an RSP out there knows when they walk into a bank you know you've got an hour an hour and a half sitting there you know for sure filling out forms and then some 22 year olds says are you aggressive or are you a passive investor like you know press about yeah we're going to put you on that one golden silver is not what you do gold and silver is a long time hold we've seen four years ago may 2011 silver went up to 49 dollars gold was trading in 1920 I believe you're going to see those numbers again I think you're going to see higher numbers so this is a great time great opportunity to get in and buy some gold and silver a little later in the show we're going to get you to tell you exactly how you start getting into your RSP and TFSA as well but first that's why we have Nicole here her favorite part of the show we're talking about natural fancy color diamonds next 18778 silver online to guildhallwealth.com RSPs TFSAs you can use that as well get the precious metal advisor and the investor kit as well the real money show talk radio am 640 back into the real money show 18778 silver online to guildhall diamonds.com you can check that website out especially for this segment so reminder you can use your precious metals in your RSP and your TFSA as well Nicole you are here this is why we like having here because this is your forte and that would be natural fancy color diamonds because we love them yes so do I well you know it's funny I was thinking what am I going to talk about today I don't come on very often and when I do I tend to talk about a big diamond at auction because auction houses tend to set the values for color diamonds it's really the only way we can determine the market places by looking at big auction house sales we now have a few a few more places we can go to there's a research council now but it's still relatively new in terms of investment so all that data even though people have been collecting for thousands of years so I was thinking what am I going to talk about what's exciting what's new and there's nothing and nothing and then exactly that's when it dawned to me well I mean I always know this anyway but there's nothing to check I don't have to go and research I don't have to go and look at prices I don't have to worry I don't have to do anything except just enjoy and and have that peace of mind knowing that my diamond is accumulating in value so yeah there's some things that go on every now and then a big diamond and for us it's a big deal you know the average person is not going to relate to an 80 million dollar diamond sale because that's never exactly that's never gonna factor into their life and it just seems so far away and how is that ever gonna relate to me in my life I'm just you know a single mom or you know I've got three kids or I'm retired so I need something that's relatable to me the fact is diamonds are going up there's a supply and demand equation here it's very very simple to figure out there's huge demand very little supply diminishing supply as we go on with major minds closing they're just exhausted production so and as more people become aware of these diamonds and there is more demand prices of values for these diamonds are just simply going up and I was telling a client she came in the other day really lovely woman she wanted to just know about diamonds she didn't really know what she was gonna get she just knew that hard assets were for her so she bought some metal and then we were showing her some diamonds and she fell in love with one and I said you know what why don't you start with a fancy it wasn't a money situation for her it was a trust it's this is new to me you know I don't trust the banks anymore confiscation of wealth is real it's happening and I don't want my money in the bank so I want hard assets so we said you know what why don't you get into a fancy you'll see at the end of the year when we reappraise the diamond for you that it's gone up don't just trust us trust our appraiser we use exactly we use Harold Weinstein which they're very conservative they do appraisals for the RCMP and the appraisals for those who are new to this it's the replacement value so should your diamond be lost or stolen that's the street value right that's what you would get back for the diamond so when she bought the diamond she ended up buying the diamond she said you know what that makes sense to me and then a year later once you see that it's gone up because I explained to her as I do all the time whenever I'm on the show that every single diamond at Guildhall every single diamond at Guildhall has only gone up so I just want to repeat that because it's crucial yeah it's crucial no one has ever lost these times when people are in the stock market and they're just I mean you know whether you have an RSP or whether you're an investor or you have mutual funds and you really look and you you know I had a call yesterday from a guy you know last week he had 1750 17500 in his RSP and yesterday he had 15500 and he said enough you know let me have a diamond or let me have some gold I can't take this anymore because I don't want to be looking at my statement every month and keep getting killed and that seems to be the attitude well yeah and this this woman who ended up buying the diamond she felt so great about the purchase it was it's a gorgeous gorgeous stone yellow diamond and she said yeah you know what in a year then maybe I'll go into an intense exhibit now that she's got that that education she knows what the diamonds are she knows the value and that's what we do at Guildhall was we educate so when you become a client you'll get articles you'll get news items you're gonna really learn about the diamonds and the market and you become a connoisseur and most of our clients I would say 60 to 70 percent of our clients actually become collectors because once you once you fall in love with a diamond but then when you see the value and you get those appraisals and then when you watch the website because you know you'll be getting bulletins and you'll be getting sneak peek diamonds and once you start to see hmm a fancy diamond was about nine thousand dollars five years ago but now a fancy one carat yellow is about fourteen thousand you start to see it yeah we're not just putting the prices up for the sake of it we're putting them up because they cost us more and that's the value that is what they cost now it's the going rate so you'll start to see it on your own you don't have to just go by our word so um it's it's a fabulous investment this woman ended up so happy with this diamond and I was telling her this story how I went to a dinner party a couple weeks ago and this girl introduced me my friend and she said oh you're gonna love no call because she she knows all about diamonds and I said okay knowing they were gonna ask me about white diamonds right so they're asking me about their engagement rings and how much is this worth and I had to tell them sorry you know white diamonds don't go up they don't they might hold their value but they're definitely not going to increase in value so my friend said oh you can get a one carat yellow fancy diamond for nine thousand nine hundred and nine dollars and I had to interrupt my friend say well that's not exactly the case now one carat fancy yellow is going for about fourteen thousand and she said but we were just talking about this a couple years ago and I said exactly and the whole room got it they all said oh my god I could have made this much money in these in just a couple years and that is the beauty of color diamonds just alone on currency you know we buy all of our our diamonds in us dollars so for example a diamond that was selling for ten thousand dollars us which was a last year was a par today is selling just on the currency for thirteen thousand three hundred dollars it's gone up thirty three hundred dollars because the currency is trading at one thirty three the appreciation of the diamond as well even if that diamond's only moved up six eight percent now you're looking at fourteen thousand dollars for the same diamond that was selling for ten eleven thousand dollars and it's all about it's like real estate is location location location the bigger the diamond you buy the better quality diamond you buy whether it's a pink or whether it's a red is obviously rarer and it's going to go up quite quickly natural fancy colored diamonds since they've been keeping records for the last forty years have never gone down in price the type of quality that we sell is of the best the first thing that we look at when we buy a natural fancy colored diamond is the color color is the most important thing is king it's all about the color the color is what brings the value so the rare the color and the more saturated a color and one of the things we pride ourselves on at guildhall is that we buy right so paul will always pick a fancy that looks almost intense help buy in tenses that look vivid and you know people will come in sometimes and they'll say they can tell the difference between a fancy and a vivid but sometimes they can't always tell the difference between a fancy and intense or an intense and vivid and they say well why is that and i have to explain that is because we bought right so it's not a typical intense it's a stunning saturated most most pigmented color that you can possibly get the more color the more value so that intense with so much saturation that looks like a vivid you're going to get more money for it then just say if you bought it somewhere and it didn't have the highest clarity and it didn't have the most concentration of color this you have to do you have this reassurance of every single diamond in the guildhall collection is premium you got to uh you know you mentioned uh you know south bees and the auctions eighty million dollar diamonds you should clarify that just to get in i mean that that's everyone obviously thinks that's an investment grade but they think can a fourteen thousand dollar diamond is that where i can get in is that still investment absolutely it's investment it's 100 percent its investment it just makes it not that fourteen thousand dollars is always affordable either but if you are looking for investment it's still a lot more economical than putting money into real estate without any of the the headache of running around with tenants plungers taxes all of that this is by my diamond put it in a beautiful setting wear it and enjoy it or put it away and i always tell my clients the beautiful thing is if you have a child and you put it away for them for eighteen years fifteen years whatever until they're ready for their education what a beautiful thing to hand them the appraisal and the diamond say this is for you this is for your education it's for your tuition your housing everything and they're taken care of you know or for your retirement for your future whatever the situation is absolutely it is a beautiful investment even at fourteen thousand and here's the thing at guildhall we're here for the long haul so come back to us five years ten years fifteen years twenty years or maybe at the five year mark you say you know what i've inherited a little bit of money i've made a bit of money on this diamond i'm gonna take my initial investment and i'm gonna bump it up and i'm gonna get it an upgrade i'm gonna get into a pink because you know i've i that's what i really wanted but i couldn't necessarily afford it or i this is so new to me that i just wanted to take it for a test run but now that i've i've fallen in love with this investment now i'm ready for the next level the argon mine which is located in the western region of australia in the kimberly region they produce ninety percent of the world's pink diamonds sounds like a lot right but it's one tenth a one percent of a year's production it's nothing it's it's and then when you start getting into investment grade it's like a bucket it's nothing and then is it the right size you know we consider pink investment grade diamonds to start at a quarter carat anything really below eight point eighteen is considered mellie is mellie and it's not investment it's so small so you need over you need point two five and above the color has to be incredible it has to start at fancy we don't even start at light faint fancy light we start right at fancy there's nine color grades we start at fancy and it has to have beautiful color it has to have a stunning cut and it has to be the highest clarity now with argon pinks you'll see a lot of s i which is slightly included which means you can see the inclusion with the naked eye we start at vs so very slightly included which means you can't see it unless you have a jeweler's loop which is ten times magnification so these diamonds that we procure are absolutely breathtaking they're phenomenal and it's so funny because men always want the pinks because men because men are logical and they see that they're any they're going up anywhere from eighteen to twenty five percent so they go for the numbers women come in wanting a pink and then they see the yellows and they see the size of the yellows because we're conditioned a big beautiful diamond right that's just what's been marketed to us and they want the yellows and especially if you're looking to set it i mean a pink diamond you have to put so many white diamonds around it to build up the size because they are smaller they're smaller because of the way they're formed there's a lot of engrained greening structural um i don't want to say problems geologic stuff yeah geologic stuff i don't want to get too technical but they do tend to be smaller and because they're rare they're smaller so you can get a one carat yellow for the same price you'd have to get a point two five fancy so yellows women typically love and the pinks men typically love we love them all you go to guildhalldiamonds.com to check them out we'll take a short break back into our last segment here lots more of information on the way one eight seven seven eight silver online to guildhallwealth.com as well rsp tfsa you can use those tools to uh start investing in precious metals the precious metal advisor and the investor kit you should have that as well the real money show talk radio am 640 and back into more the real money show the numbers one eight seven seven eight silver online to guildhallwealth.com you can use her rsp you can use your tfsa we'll talk about that in a bit precious metal advisor investor kit it's what we talk about paul while let's do a bit of a uh market recap shall we really i really don't want to talk about the market recap okay good once we've decided to press him because i'm looking at the markets and i'm looking at golden silver while we're recording this show silver's actually moved up about five cents golds moved up a couple of dollars um i think golden silver's going to move up i think this is a wonderful wonderful buying opportunity to get in and buy physical gold and silver a guildhall we only sell physical product we don't sell paper that's equities we don't sell ETF that's paper we don't sell certificates which is paper we don't sell futures or options on futures it's paper that's paper driven we sell the physical product you can buy it take it home you can buy it go to our website guildhall wealth.com go to our e-commerce store you can open up a depository account where you can purchase your metal put it into depository which is safe secure segregated allocated you can sell it on a phone call had a client this week needed some money and they had quite a lot they had 3,700 ounces sold it on a phone call the check went out to them the same day tried doing that with a brokerage house or a bank they make you wait for your money we don't we sell the physical product you can put it in the depository or take it home you can open up an rsp or a tfsa account where if you've got money sitting in an rsp or you've sold off your stocks because you're so sick and tired of it you're sitting in cash you can open up an account we our brokerage house is questrate they are the custodian of the product we just buy and sell the product store it in the same depository as the custodian has the product it's very very simple but it takes time to fill out the paperwork it takes as much as two to three weeks to try to transfer money from one brokerage house or a bank to questrate banks do not like to let the money leave their account to go to another brokerage house so they seem to hold it up but once the paperwork's in the process is put into order the money gets transferred we will then make a purchase for you so it's better if you get the paperwork in early right we've got a promotion coming up on rsps and tfsa's nickel why don't you just give us a little heads up on that well at gilt hall we're all about accumulation we want you to accumulate and we want you to do it with value we're all about value so gilt hall when you open up an rsp questrate account if you open your initial account with five thousand dollars you will receive a little gold coin it's one gram it's it's little but it's it's mighty it's right so but it's something and for every five thousand dollars we'll give you another one so now you're really accumulating so we're all about value you can go to the website get your free gold.ca or gilt hall rsp.ca and you can sign up to be notified when the promotion is starting which is in september at some point but start your paperwork now because like paul said it does take a little bit of time we hold your hand through the whole process we'll help you with all the paperwork getting everything together help you open the account then it's up to you to just decide what you want to buy what denomination and again we'll help you we're here for you all of our raps at gilt hall are extremely helpful we're here to help you make money and the other thing is we're putting on seminars in september there'll probably be every couple of weeks there'll be a seminar so call us or send us an email to you know get on the seminar list that you want to come to a seminar normally we do it on a Tuesday evening every couple of weeks but we are going to be doing it and obviously coming into the rsp season which will be up to the end of february we're probably going to be doing them every week to get people into gold and silver in rsps or any other type of pension plan that you want to but the other thing i'm really really excited about we've had clients this week the you know made purchases they bought gold and silver they understand that there actually is a shortage of physical product they see the price they know they look at a spot price in the paper and they say bid and an ask that is paper it's fictional in some cases it's being traded at such an unbelievable rate in some cases the comics is was trading actually 116 times as much as they got in product which is a kind of kind of scary when you buy physical product you're taking the physical product home or you're taking the physical product we can give you the bar numbers and put it in the depository if you want to buy it when you buy a tfsa or an rsp you get the bar numbers i think we're the only company out there that gives you the bar numbers for your tfsa and rsp and if you want to visit it you know you just had give us 24 hours notice and you can come and visit your product they'll be pulled out of the depository you'll be in a room and they will bring out the bar numbers and you can check it off against your your receipt with the bar numbers on there but the other thing i as i said i was excited about is diamonds because when i'm looking at these markets and everybody gets sick of you know looking and when they get beat up yes everything everything that comes off will go back up gold and silver i'm very very confident will move up i think by the end of the year 18 silver i think you're going to see $1,300 gold that's about a 10-12% increase to where we are you know maybe a little bit more on silver because silver does move a little quicker but it has been beaten up this thing that's going on in China it will recover it may take six weeks eight weeks but it will recover they've got lots of gold in their central bank the other thing that i find interesting which was a story this week was that Russia had on a huge airshow and they're selling all types of their mig fighters and their anti-missiles and everything else one of the biggest buyers this week was Iran now the u.s. took the sanctions off you know off of Iran they're dumping oil the u.s. government tried to beat up Russia because they went into Ukraine and put lots of sanctions on them Russia owns a lot of gold i mean though their rupa has been you know basically decimated they still own a lot of gold and there's going to be a big push to start moving up the price of gold and i think it's going to happen within the next six weeks and it's a great opportunity to go and buy a gold and silver and look at our website and good haul diamonds i mean this is an investment that you can make if you're looking to retire you're looking to put your kids through school it's one of the best investments they've never dropped in value in 40 years they tend on the worst when i say the worst the best of our worst you're going to make six eight percent a year we sell in Canadian dollars right now we haven't put our prices up yet you know the dollars gone up almost a third the u.s. dollar against the Canadian dollar so our prices are unbelievable we have the best product we have more yellow internally flawless diamonds i think than anybody in the world right now up on our website of the highest highest quality and you want internally flawless because that is the highest clarity grade you can possibly get about five six years ago we were selling flawless yellows which means absolutely zero inclusions in the diamond it was a perfect diamond however those are impossible i think we saw one i think it was about six months ago but you don't see flawless yellows so internally flawless are like the new flawless so that's the only clarity grade we carry in yellows the odd time we'll carry a vvs because we'll buy it on the color and if the color is extraordinary that's what we're looking for first is the color but i f yellow diamonds very difficult to procure and like paul said our prices are are very good and we want you to make money we can't charge too much for a diamond because you need to see that increase in value you need to see that investment grow you need to have that confidence because you know this is still a relatively new market to Canadians and we want you to feel comfortable you know we understand that this is this is so new you know paul was saying four percent of the population roughly invest in silver and gold and hard assets i think it's much much fewer that will invest in natural fancy color diamonds and it's because it's so new so we encourage you to come into our office meet with a wrap from guildhall every single wrap at guildhall is so knowledgeable so passionate about the diamonds and we're going to sit there with you and we're going to help you we're going to answer your questions we're going to show you the diamonds because to see the diamond on the website sure we have great photographer and they're very there is true to life that we can get them but you can't see the fire you can't see the brilliance you can't see the scintillation and you can't see the color and it's when you take that diamond and you look at it under a loop jeweler's loop ten times magnification that that diamond just comes alive you can really see all the facets the the beauty in this diamond and they really are extraordinary each diamond is like a true work of art like a fingerprint they're all completely different they're all extraordinary they're all going to make you money and that is the key they're going to make you money this is not something that's going to go on sale you know we were talking about silver and gold how it's on sale and we're joking around with it but it is on sale a diamond is not going to go and sell it's only going to appreciate and value you want to get in now before the next jump next year when they're 15,000 so the other thing is well nickel is a gia diamond grading graduate and maybe you can just tell quickly what that is well that just means a lot of study what it means oh my gosh so so technical and you know most people don't want to know about the intricacies of a diamond they don't want to know about the angle of incidents they don't want to know how the diamond was necessarily created i'm fascinated by the color what what forms a diamond how long it took to form everything about that diamond i'm so fascinated by the cuts and everything that goes through the cutter and the polisher and the whole process but the average person the average person wants to know how much am i going to make on this diamond so as people become more aware and they become investors and collectors then they get to know all the intricacies of a diamond and then they realize wow i'm holding something that is billions of years old so extraordinary it's so tiny and i'm making money off of this pretty well it's amazing and it's so small it is truly portable wealth it's real estate in your pocket put it away and i love that you don't have to think about it you don't have to check anything you know my father-in-law is obsessed with stocks every minute he's checking he's 85 so you know he's up there and he's constantly worried about what he's going to leave his grandchildren and how his stocks are performing with a diamond there's nothing to check you can call us for to get us reappraised but we'll send you articles there's nothing you have to there's no worries just put it away that's it the only thing you have to do is make that phone call to start investing 1 8 7 7 8 silver online to guildhallwealth.com again RSPs TFSAs those are instrumenting news as well to begin investing in hard assets precious metals the precious metal advisor the investor kit all available to you this has been the real money show talk radio am 640 what if you could have a streaming service that added new shows and movies every day 365 days a year tune in on monday and watch traumas like fight night the 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