The Real Money Show
The Real Money Show - July 11th 2015
And welcome to the Real Money Show hosted by Guildhall Wealth Management, a show about the incredible potential of owning physical gold, silver, and natural fancy colored diamonds, what they could do to protect and make you money. And these turbulent times want to remind you right till the end of this month, that being in July, that for those purchasing diamonds between now and at the end of the month, we'll be giving an immediate 10% off the purchase price back to you as a buyer to be placed in either gold, silver, buoyant, TFSA, or RRSP accounts with Guildhall Wealth Management details. To follow during the show, we always start guys with the other week. That was the update and Darren usually handled that. How are you? Not too bad, John, man. We are seeing a market which is late in the week recovering from what was Tuesday, Wednesday, a very tough go for 48 hours where a lot of people panic. Of course, in a vacuum, that's what happens and with the gold and silver prices both dropping on those days, we saw a number of people really start to worry that the market could reach new lows, that they were going to retest their previous lows of March 2014. But the truth is, here late in the week on Thursday, as we taped the show, you've got a gold trading at around 1160 an ounce and silver spot trading at around 1538-1545 an ounce, which both are about 1 to 2% higher than their lows. So we're not in panic mode, but I'll tell you what we were in panic mode about the buying frenzy that happened on the drop in this market. Jeremy is going to spend a little more time in the first segment telling you a bit about that. But we saw gold futures turn higher after the US jobless claims really disappointed this week and prior to that, with the markets both dropping and we might add that we believe that there's certainly enough evidence to suggest it was an artificial pullback in the market that happened more in the paper side of things. There was a frenzy of buying at our office and of course, the news over the week was that the US Mint has now first rationed late last week and early into this week and now cut off their entire supply of silver eagle coins, which is an indication that the amount of buying activity heightened during the week, they could not meet the demand and therefore they closed off their doors to any more silver eagle purchases until later in the year. So we'll see news on that. August the 7th is when they said they were going to let some supply go. Sours of silver eagles for June were about 132% over. What's traded this week was paper, paper, I sound like the guy Oliver on the thing, you know, picker and picker and picker and it was paper, paper, paper. What was traded? Not the physical product. We saw increased buying from investors, smart investors were buying gold in silver because they know it was a silly price. If you look at the price of silver trading today at $15.40 US in Canadian dollars, that's $19.60 Canadian. We really haven't dropped him price, you know, for the whole virtually for the last six weeks. If you look at gold trading 11.60 in US dollars, that's 14 in Canadian dollars rather, that's $1,477. So we're really not that far off. If you look back in May 2011, silver was actually trading at $49 US and gold was trading at $1,930 US. So I think right now this is a real positive time. Everybody that bought in, I've got to congratulate them on being smart, not being fooled by these papers, paper prices, not, you know, it's a head fake. It basically is a head fake. If you look what's going on in China, China's stock market has dropped 30%, 30% in a very, very short time. If you look at Europe, you know, Greece, nothing has changed. I mean, this is like groundhog day, that movie. It's the same thing over and over and over, just kicking the can down the road. If you're in default, if you are bankrupt, you are bankrupt, you know, there's a company, the building hotels in the Bahamas, they were supposed to open six months ago, they filed for bankruptcy today. It tells you something about what's happening in China. It's a little scary. And what happens in China starts to trickle down in Europe. And so obviously trickling down to the US yesterday, we had supposedly a software problem. The New York Stock Exchange stopped trading for four hours. You know, if you really want to believe that, the Chinese market was dropping. Every market was dropping. So they pulled the plug. And this is obvious as the nose of my face. And I've got a pretty large nose. 18778 silver online to guildhullwealth.com. Jeremy, why hasn't the price gone up with everything that sets been going on? This is the canary in the coal mine question because ultimately anyone who's watching the price of gold and silver is going to look at it and say and ask that exact question. And what you have to understand is that gold and silver are the canary in the in the coal mine. They represent the health of the financial system and the powers that be the central planners, central banks, commercial banks. They know that this is in trouble. You see, as Paul mentioned, a 30% down draft in the Chinese stock market. We had a pullback in the S&P, the Greek situation, the situation in Puerto Rico. It goes on and on and on. And so they need to show that things are great. And so what do you do? You muzzle the the canary. And that's what you've been seeing in the last week, which is an opportunity for those who want to purchase, which is why we've been quite busy. But ultimately, you want to understand that when you paper over a market and create that paper inventory to push a price down, you have to have physical supply in order to keep that scam alive. And what happens is this is why it's so important that the US Mint is not has no more product to sell. It shows that this is done. This Ponzi scheme is over in terms of paper. And so whenever the price drops, we know that sovereign buying picks up like crazy. We know that people try to take advantage. Of course, for us Canadians, given that the US dollar got strong, we're not really getting a whole much better bargain today than we did say last week. But still, people are looking at that price and sentiment is everything in the market. Gold and silver represent a way to be out of the banking system, a way to protect your money. Right now in Greece, it's a very dire situation for those who have not pulled their money out of the bank, who can only take out 60 euros. And what are you, what are you supposed to do? Whereas with if you have gold and silver in your portfolio, you have that liquidity, you have a store of value. And that's why it's so important to have this in your portfolio. Now, there's two ways to go about this. You could be a fundamental investor. Look at the fundamentals. The fundamentals always win in time. If you look at the fundamentals, you know that right now this is the best place to be. If you're momentum, you're going to wait till the price moves higher. Now, here's what the problem is going to be when the price moves higher. We've already talked about shortages in the physical silver market. And we already know that there's shortages to get Canadian maples. There's, we'll talk about the other type of shortages and the long waits for the physical supply. When this price starts to move, it's not going to just gently move up and you'll be able to get in when you feel like it. It's going to gap up. Not only will it gap up, but the inventory available will be very low and very tight, which means premiums will probably rise. And it comes down to you either bought it or you didn't, because that to me, and this is my opinion, is what's happening right now. Because of this whole situation, it's going to be held down as long as possible. And when the time finally comes to let people get into the market, their opportunity to get into the market is going to be small. Their window is going to shrink all the time. So it's important that you prepare well ahead of time. Now, where can the price go? We've got Andrew McGuire, who was the whistleblower from JP Morgan. He comfortably says, not speculates. He comfortably says that this price will be $20 higher in the fourth quarter. One eight seven seven eight silver online, the Guildhall wealth.com one reminds you as well as some of the other things we're offering this month. You now purchase a 100 ounce bar of silver. You will receive a one ounce silver maple leaf till the end of July. Paul absolutely right, John. And that can be purchased through our e-store. If you go to Guildhall wealth.com right hand corner, you'll see our e-commerce store, click on, you'll see a range of metals, precious metals, silver, gold. You can buy one ounce maples. You can in silver, 10 ounce bars, 100 ounce bars in gold. Same thing you can buy one ounce maples gold, one ounce gold bars, 10 ounce bars, kilo bars. It's as simple as a click of a mouse. Our prices are very, very competitive. We have the product, though there is a shortage, as Jeremy said just right now on Silver Eagles. We do have product in stock. There is a premium being paid right now, even from our wholesaler of as much as a dollar 25 on a Silver Eagle. So we know there's a shortage. Why doesn't the US mint, you know, when they stop production, I'll say we're not selling anything to August the seventh, they're not going to sell product that they know is going to go up in price within the next 30 days. Why would you do that? You still have to buy the silver from the silver mines or from the producers. You know, if you're going to pay more for it right now or sell it for less than what you're paying for it, that's not smart business. It's better off to turn the faucet off and say, well, we're not going to ship to August the seventh. The same time they need to manufacture, they need to get product back on the shelf. So again, a Guildhall, you can buy physical product directly from our e-commerce store. You can buy product and we can store it for you. That's the easy liquidity where you can buy and sell on a phone call. A Guildhall, we only sell physical product. We don't sell paper. We're not into the equity business. We don't sell certificates. We don't sell ETFs. We don't sell futures or options on futures. This week alone, anybody that was in the futures market and they went long, they actually got slaughtered because the shorts ate them up. They ate their lunch and now the market has gone back up. These people didn't cover. Now, what happens when the market starts moving in silver? When you start seeing moves up of 50, 60 cents a dollar a day, then the people that have gone short in the market have to cover their positions. And if there's no product out there, it's going to jump up in two and three dollar moves. We've seen it before and it's going to happen. When we're looking at this third quarter and fourth quarter, we see the market really taking off. Nothing good is happening right now in the stock market in the US. For example, earnings are not going to be what they were. In Canada, we look like we're in a recession again. If you look at geopolitical, if you look what's happening around the world, has really anything changed? Is Russia still in Ukraine? Is there still problems in Yemen? Is there problems in Syria? You know, is ISIS all over Iraq? You never see it. It's gone to the back page of all the newspapers. All we're talking about right now is will Greece pay their debt? And how long has this been going on for? Five and a half years. They're bankrupt. They're bankrupt. If it was a business, they would bailiff would come along and put a lock on the door. They're already printing dragmas. That's what they're doing. They're looking. They're stalling for time. You've got the Americans talking to Iran about nuclear. You know, this is the worst negotiators in the world, but you know something will probably be done and it'll be another BS thing and it'll be kicked down the road again. You need to protect your wealth. You need to protect your capital because these are turbulent times. If you're going to be fooled by headlines, you're going to be caught like a deer in the headlights. You are going to get caught. It's better to be a month too early or two months too early than one day late because when you see gold and silver side rising, you're not going to be able to buy it at the prices that are out there today. You know, you see all these ads, you know, on TV, on the radio, we buy your gold. We buy your gold. They're stealing your gold. You need to hold on to gold and silver. It's going to be the best protection you can ever have against inflation coming and turbulent times where these currencies, these fiat currencies are going to collapse all around the world. One ask you a question. We come back for the break and I'll throw it to you, Darren. That is, do we learn from history ever, especially when it comes to precious metals? But we'll take a short one. First one, eight, seven, seven, eight, silver online to guildhallwealth.com. Remember, if you're purchasing a diamond 10% back to you for the purchase of either gold or silver through a TFSA or RRSP account until the end of July as well, you purchase a 100 ounce spire of silver. You will receive a one ounce silver maple leaf as well. Real Money Show continues talk radio, M640. Back with more of the Real Money Show, the contact and to start purchasing one, eight, seven, seven, eight silver online to guildhallwealth.com. Make sure you check out and click on the east door while you're there. Diamond purchaser, yeah, if you purchase one now until the end of July, 10% back to you off the purchase to be put in either gold or silver bullion, TFSA or RRSP account. And as Paul just alerted to us last break, it was 100 ounce spire of silver. When that is purchased, you will get a one ounce silver maple leaf as well. Darren, I asked before the break, do we learn from history? Well, history does repeat itself, John. This is something we've said time and time again since the very first day of this bull market when guildhall wealth was born. And what we did was look back and it told us to expect some of the things that had happened in the past and that those would be events that would drive the gold and silver market as a result, Paul put this team together. And some, you know, 13 years later, here we are looking down the barrel at potentially another 2008 style, you know, very repetitive cycle that's happening. As Paul mentioned in the first segment very quickly, they are saying right now, in fact, the IMF this week slashed the outlook for the Canadian economy. And from a technical perspective, we're now suggesting that Canada is actually in a recession. That means essentially that we've had two quarters of negative gains in GDP after revisions, especially. And this is on an outlook that was revised by the IMF from some 3% down to 1.5% for 2015. So the last two quarters, as Paul said, will have to be nothing short of a miracle to stop gold and silver from getting extremely high. And that's just the first warning signs. Everything is being shot across the board like this. And quite frankly, when a thoroughly corrupt government like the US wants to try and hide something from the public, they simply exert an all-out effort to miss direct and cover up. The financial markets are no different in this sense. It's been obvious to anyone with a good eye and one brain cell that the puppet masters behind the Wall Street curtain have been propping up the Dow and the S&P 500. And they've been exerting forceful downward pressure on the price of gold and silver. And as Jeremy tried to answer in the first segment, why gold and silver? Well, because gold and silver for 5,000 years have been the world's alarm system, which alerts everyone that something is terribly wrong. I remember vividly in 2008, many of the people are listening to the show weren't even involved in precious metals back then. But inexplicably, the manipulators smashed gold and silver down from their bull market highs in March of 2008 very quickly. And silver went all the way down to $8 and change after hitting $21 an ounce in March of that year. I remember staring at the future screen wondering what would stop a bank, any bank, that was large enough from taking silver all the way down to zero and almost falling for it. But then I remembered 5,000 years of history. Tell me the exact opposite. It holds your wealth, it protects your wealth. And when times are good, it's a speculative play. You can make money off of this metal. And that's just one of those warning signs that is being flashed across the board now. Paul also mentioned in the first segment that the Chinese stock market is certainly falling by the wayside, at least in the short term, and doesn't look to be getting any better through the end of this week. They've had consecutive negative days throughout the week, and it was really terrible to see exactly how much corrupt behavior took place through this week. I mean, they had the Shanghai stock market, the Hong Kong stock market, some 2,800 stocks. And of that, over 1,400 of them suspended trading. And anybody that was caught shorting, any of these stocks that were plummeting were threatened with jail. And yet we want to let this happen. I mean, we forget sometimes that that's still a communist country over there, and that they don't see things the same way as we do. Over here, we just simply make an excuse and say there was a technical glitch, and the stock market turned off for a couple of hours. Voila. It's easy that way. But that's why we hold gold and silver. Listen, I hope you never have to cash in on that insurance policy. But the fact remains that if I have gold, silver, and natural fancy colored diamonds in my portfolio, I'm going to be safe. 1 8 7 7 8 silver online to guildhallwealth.com. Paul, well, the strange thing about the New York stock exchange. I mean, if you're going to have a software glitch because it was an upload, why wouldn't you upload at 10 o'clock at night or 12 o'clock at night? And you've got till 9 30 in the morning to fix it. Why would you have a software glitch at 11 30? BS. That reminds me of every time that there was a testimony from someone from Goldman Sachs and JP Morgan regarding the 2008 crisis. They would all go into stupid mode. Well, I've got degrees from Harvard and Stanford and every Ivy League college, but you know, or university, but you know, right now I just can't recall anything. I wasn't aware of that. I didn't know. Come on, you got hired for your smarts. Now we're playing dumb. So I think the dumb card often gets pulled there. Look, ultimately, again, it comes down to fundamentals. There's a lack of supply in the market. That's the that's the number one fundamental supply and demand. We know that demand is is through the roof. We know that supply is low. Look at demand right now. You've got 250 million ounces being imported into into India. That's that's a quarter of the world's supply, mining supply. That's not even counting what's happening in in Europe because everyone's buying gold there. There were headlines about the UK mint being running out and running low because of the Greece situation. You've got China even with their stock market collapsing. They're looking to put in something like a half a billion ounces a year into solar power. So there is no product available. It is going to become a very, very tight market. You're going to have a very small window in order to get involved in this. And look, we've been in this market for a long time. Our busiest month at Guildhall was in April 2011 when the price of silver had gone past $40 miles. That means that people watch the market. No judgment. That means people watch the market from 20 to 40 before they made the move. That's why I'm always saying on the radio, seeing is believing. And by the time you finally believe, it's almost too late. We want people to be involved before. You know, there's a Darren talked about speculation. Bernard Baruch once said, a speculator is a man who observes the future and acts before it occurs. It also said action plus knowledge equals success without the action and without the knowledge you can't make money. Naomi Prince was on the radio show a couple weeks ago. She said that the central planners do not know what's going to happen. They're preparing for the fact that they do not know what's going to happen. You do that by capitalizing your banks, by lowering your own debt, by accumulating tangible assets that are liquid. And that's what silver and gold does in spades. It's done it for 5,000 years. It is the currency of choice and no fiat currency in in the history of history has ever survived. One eight seven seven eight silver online to Guildhall wealth.com reminded you purchase a one ounce bar of silver. Now to the end of July, you will get a one ounce silver maple leaf as well. The interesting thing as well is, you know, we've been in this market since 2002. Silver was trading at three dollars and 80 cents an ounce. Gold was trading at two hundred and fifty dollars an ounce. Even in today, 12 years later, you can look at silver and it's trading at 1540. That's still up over 300%. That's still a pretty good return considering we've been beaten up, you know, over the last two, three years. If you look at gold, gold was trading at two hundred and fifty dollars. You know, we're trading at eleven hundred and sixty dollars. That's still a three hundred and fifty percent return on your investment. And at the moment, the price is really, really low. It can only go up from where we are. I don't have a crystal ball. I wish I could tell you what day it was going to move up. You know, whether it's this week, next month or two, three months down the road, but it's going to move up. Nothing moves up in a straight line. If you look at the real estate bubble right now in Ontario and especially, you know, even in the States as well as in Canada, we've got a real estate bubble. Prices have been going up and up and up. They have to come off. It always happens. If you look at the stock market, the stock market has had a pretty good rally over the last four years. But again, what has it really done in four years? You got back to where you got killed in 2011. The individual retail investor, the small investor, has not really done very well in these markets. The hedge funds have done extremely well. You know, they can bully the market. How many shares can the average person buy? Can they buy a thousand shares of Google, you know, $500? Can they buy, you know, even Apple shares? Can you buy, you know, a thousand shares? People don't have $100,000 to invest in one stock. You know, they buy mutual funds, mutual funds. I know more people that see their statement every month, they throw up on their shoes. They're just not making any money on the average mutual fund. If you look at gold and silver, all the pundits on all of the business news channels always say, well, it doesn't give you a dividend. Well, if you look at the average stock, you may be getting a 2% dividend right now, but a 10% correction wipes out five years worth of earnings. It's not feasible. And if you look to a gold and silver, as I said, we're up over 300% in silver in US dollars. We're up over 350% in gold in US dollars over the last 12 years. That's not a bad, bad result. That's a pretty good return on investment. So this is a great time to buy. Everybody, we've opened up literally, you know, so many accounts for RSPs and TFSAs over the last two months or three months since we've been advertising it. What a great time in your pension for your retirement to be buying silver at $15, $16 an ounce and gold at $1,200 an ounce, where it's an absolute steal. It cost one and a quarter percent a year to store and ensure your product. And we, a partner here with Questrade, that is a custodian of the product. We just do the buying and it's put in a very, very safe, secured repository, which I'll go on about a little later. But it's at 1.25% a year to store. If you take over five years, it's going to cost you six and a quarter percent to store if you bought silver today. Do you think silver today at $15 and 40 cents can go up 6% in the next five years? 10% would only take you to $17. You know, 50% increase in silver right now to $25 is a nothing move. So if you're paying one and a quarter percent, this is probably the best investment that you can make right now in gold and silver, in a TFSA or an RSP, great, great time to do it. Give us a call. We'll get you the information and we'll show you how to make money in these markets. 1-877-8 silver, guildhallwealth.com's the website, Darren, last couple of minutes. Well, again, I want to urge people to be very cautious here within the Canadian economy at this point in time. And as I said, there are many reasons why you might invest in an asset like gold and silver, but make certain one thing is for sure that you have some form of insurance in your wealth at this point in time. When you start to see these warning shots across the bow and you understand that countries like Greece are not much different than the US in the sense that both countries are strapped with insurmountable amounts of debt, you realize very quickly that the only thing that there's really a difference between those types of countries is that one has a printing press and one doesn't. And so when you get to that point, you realize you must own assets that do protect you. You might not be affected by this directly as of yet, but stay tuned because as we discuss this further, you realize the market is giving us these warning signs. So when we come back, we'll talk about color diamonds in the fourth segment. We'll touch base a little bit on the real estate market here in Canada. 1-877-8 silver online, guildhallwealth.com is the website you want to go to and a reminder, once again, if you're a diamond purchaser between now and the end of July, 10% off the purchase price back to you as a buyer to be placed in either gold or silver bullion TFSA or RSP account with Guildhall. And till the end of July as well, you purchase a 100 ounce bar of silver, you will receive a one ounce silver maple leaf to go along with. Real money show continues talk radio, AM640. And more the real money show 1-877-8 silver online guildhallwealth.com or guildhalldiamonds.com. As well, a reminder, if you're a diamond purchaser between now and the end of July, 10% back to you as a buyer into either gold or silver bullion TFSA or RSP accounts with Guildhall. It's a fairly recent development. Want to check it out online as well. If you're a purchasing a 100 ounce bar of silver till the end of July, they will give you a one ounce silver maple leaf as well. Want to talk about some colored diamonds, Paul? Love this, Paul. Yeah, this is an interesting thing, actually, when we're talking about currencies over the US dollar, they strengthened against the Canadian dollar. All about diamonds that we have up on our website are Guildhall. Diamonds are priced in Canadian dollars. In actual fact, we haven't changed any of the prices over the last month or two. You're already up four, five percent if you buy a diamond because every diamond that we buy at Guildhall are traded in US dollars. So we have to buy the diamonds in US dollars, and then we put it up in Canadian dollars on our website. So right now, we're taking a hit between four and five percent on our costs to what we have them up on the website. Not only that, you're going to get a 10 percent discount if you buy a diamond which will be put into a TFSA and RSP into gold and silver. So this is a great time. And even if you buy a 100 ounce bar of silver, we can only put a 100 ounce bar into your RSP and the one ounce maple will go to you separately. So it's a little complicated that way because RSPs and TFSAs is what you put in in cash, but this is a bonus. Either way, it's making your money. Anyway, let's talk about color diamonds. It's been an exciting week. I mean, I was in Montreal last week delivering a couple of diamonds to a client, and we had a pretty busy week last week on natural fancy color diamonds. People are realizing what a great investment these are. For the simple reason, if you look at records over the last 40 years, they've never ever dropped in price. The quality of diamond that we sell at Guildhall is a natural fancy color diamond. What that means is it's color. Color is the first thing that we look at when we buy a natural fancy color diamond. It has to be a strong color. When we buy a diamond and the diamond has to be evenly saturated with the color, the next thing we look at is the color, there's the cut rather, then we look at the clarity and then we look at carat weight. So it's really important the four C's come into play, but we go out of our way to buy the best of the best diamonds that money can buy. We get to look at a lot of product, and we turn down a lot of product for the simple reason in the trade they're called leftists, which mean they're leftover. For the simple reason that everything has to meet our criteria. We have on board a GIA diamond grading graduate, which is Nico, my daughter, which I'm very proud of, and she helps us buy the diamonds. Not only do I buy the diamonds with Jeremy, we look at the diamonds, we look at the color. There is three grades of diamonds that we sell, fancy and handsome vivid. When we buy these three grades, what we try to do is buy, if you were numbering one to 10 on a greater diamond, we always try to buy nine 10 in that grade. But they are borderline, we get a 10, for example, in an intense, it could be a one or two in a vivid. So you're getting a great diamond at the price because if you buy an intense, you're almost buying a vivid. So you're ahead of the game. Every diamond that we sell comes with a GIA, which is a Gemology Institute of America. That is the certificate of that diamond. The authenticity and authenticity of the diamond is really, really important. It tells you everything about the diamond. It tells you the size. It tells you the color. If there's an inclusion, it will tell you where the inclusion is, show you where the inclusion is. You know, is the cut diamond well cut? All these things are really, really important. Not only is it important when you're buying, it's important when you're selling. To make money in natural fancy color diamonds, they tend to double every four to five years. Some diamonds double in three years, some double in two years. It's like real estate. It's location, location, location. Does size matter? Absolutely. Does the color matter? Absolutely. Does the cut matter? Absolutely. These are all important factors that in buying a purchasing a diamond. And these diamonds that we sell are the diamonds that will increase in value. For every 10,000 carats of white diamonds mine, there is a carrot of color. Doesn't mean it's an investment grade. You have to mine a million carats of white diamonds to come up with a one-carat vivid internally flawless. That's like finding a needle, not in one haystack, but in a hundred haystacks. So to get something that is value, you have to deal with a company that understands the product. We're a Canadian company. We're members of the NCDIA, which is the National Color Diamond Association out of New York. There's about 40 dealers throughout the world that are members of this organization. And what this organization does is shows complete transparency of our industry, of what we're selling. It's not fly by night. Everything we do is backed up. We also belong to the FCRF, which is the Fancy Color Research Foundation. This is another body that is there to help people that belong to it, like Tiffany's Cartier, belong into these type of organizations and we are members. Go to our website, go to Guildhall Diamonds, look at our diamonds. We have probably the biggest collection of internally flawless diamonds throughout the world. If you look at our Argo pinks, I would say without doubt, we have the biggest selection of VS quality Argo diamonds. We only go for quality. 18778, Silver Online to Guildhalldiamonds.com, Darren. Well, as I sat here, John, listening to Paul talk about all the fundamentals in the marketplace. The one thing that I want to remind every person listening is that from pure earning potential, I own a colored diamond, I know many colored diamonds and I would tell you that I've never come across anything like this in my life. Gold and silver have the potential in very explosive, short, three, four month bursts to go very high and people know this and they protect wealth over time. But for the pure, fun and enjoyment of owning an investment that is great to look at, that can really provide sentimental value to you. That can really do so many things in such a small package. A colored diamond is one of the best ways to go and I'll tell you, I was just looking as Paul was saying that on the site at a 2.31 carat fancy and tense yellow internally flawless cushion cut yellow stone. It was absolutely gorgeous. It's a stone that I'm pointing out this week as being one of the nicest fancy and tense stones that we've come across at the firm. I like everything about it. It's four C's all really jump off the page at me and I would really love for somebody to take a look at this diamond to own this diamond. You can call Jeremy directly or Paul or myself. And of course, this is something that might be a great idea to add to a portfolio with some gold and silver. And I don't want to belittle the fact that we believe gold and silver are fantastic investments also. The long term prognosis for both gold and silver fundamentally is Jeremy said in the first segment. Nothing has changed. And we are looking at this as the opportunity of a lifetime to get into these three assets now would make for a diverse portfolio that's rich in return and has many corners of wealth protection covered. The 2.31 fancy and tense yellow. It's on for $58,500. It gets a 10% discount because of the ongoing promotion that you can put towards owning some gold or some silver inside of a TFSA or an RSP. And it is a brilliant diamond one that I think would make a very good candidate for a setting. Yeah, I this diamond is very special. I think one of the things especially not only does it have a certain quality about it that is definitely different than a lot of diamonds that you see. One of the things I really like about it is the fact that the polish is excellent and the symmetry is very good. We'll say for a level that will accept as long as it's good, as long as the symmetry is good, not necessarily fair, but good, then you've got something that's going to do what it's supposed to do in terms of refracting light and showing that brilliance and fire. This particular diamond has very good symmetry, great proportions. I love the quality of the yellow color that it has. So it's definitely something that you'd want to see. And of course, the size, the fact that it is over two carats in the intense, I think that's something that a lot of investors do look for. That's something that surprisingly we do find people will stray away from the pinks simply because the size itself is too small. And yes, they're small. It's a more rare color. They tend to be smaller in general to get the quality of the clarity that you have. They tend to be small. And you can't really cut a VVS into an IF because they're that small. So this is one of those things where if weight, if carrot weight means something to you, then this is something that you could definitely look at. So again, that is the 2.31 intense yellow and wonderful diamond to look at. And that time, by the way, just so our listeners know, we can expect that diamond to appreciate and value depending on the conditions of the marketplace, anywhere from 8% to 15% per year or more. And that's something that you can literally take to the bank. We can't make guarantees about investments. Nobody can. But the bottom line is that if you're looking to get into this market, it's a reasonable entry point for somebody that has a portfolio already. And that's the type of diamond that makes money. You know, we've been in this market for a long time, Darren and I. And one of the things that we know from being in this market is you look at what you bought a diamond for, let's say five or eight years ago, or you look at what a client paid for a diamond five years ago. And you see where the prices are today, just basic market prices. And you get so excited about the market. And I'm always telling my clients, I want you to buy a diamond. Let's say we're looking at that intense yellow, for example, the 1.32. Let's say you buy that diamond. I want you to hold on to it. And I want let's look back at that in five years. We're not looking to sell it in five years. We're just looking to see what the market is now selling that type of diamond for in five years, because we want to come back again in 10 years and be able to look back and say, wow, I really got it at a good price. And now 15 years from then, you can say, I really got it at a pittance. And that's where we go with colored diamonds. There's a perpetual rise in price. The insane prices of today become the same prices of tomorrow. And you just get more and more excited, which is why we find a lot of our clients who've purchased diamonds from the in the past will become collectors. They'll start to want to buy more and more. And it doesn't mean necessarily that you're going to even look to sell it. You might pass it down. It becomes part of your of your family's net worth. And of course, it keeps going up in value, which is such an added bonus. The interesting thing as well, if you bought a diamond a year ago, 18 months ago, the Canadian dollar was on par with the US dollar in actual fact, it was worth more than the US dollar. So right now, even if you purchased a diamond two years ago, you're up 27% on the currency plus you're probably up 14, 15% per year on the cost of the diamond. You're looking at a 50% return almost within two years on currency and the increase in the value. Now, if you look at some diamonds like Argyle pinks, because the mine is closing in 2018 and we only carry VS quality, which is very slightly included. Pink diamonds, Argyle pinks. No pink diamonds come out internally flawless. They've all got natural inclusions. So VS is what we carry. SI one, SI two, I one are full of inclusions. We don't sell them. They're not investment grade. But just to show you 27% difference on the currency in 18 months, a return of anywhere from eight to 15% gives you close to 50% return in two years. That's where this market is right now. And we think, you know, the way the Canadian dollar is, it could easily be a dollar 50 against the US dollar. So when we purchase in US dollars, you are getting the benefit because you're buying in Canadian dollars. We don't up the prices if there's a diamond on the website that's been there for a year or 18 months. People look at the website every single week, they look to see what we sell. If you go to the website, you'll see diamonds on hold and diamonds sold. That's our business. We're in the business of selling diamonds, but we also buy diamonds back. We help our clients resell these diamonds, but there is a time to do it. You know, if you've got a stock that you bought for $5 and it goes to $500 and you can see it keep on going up, why do you want to sell it? It doesn't make sense, but it's always good to take profit off the table somewhere down the road. And we encourage clients to either take a diamond, maybe go into a bigger diamond, go into a better quality diamond. Collect to start off, you can get in this market for $12, $13,000 for a one carat fancy IF. You know, in two years time, you may want to upgrade to an intense or even a vivid. You see the prices moving, you see the prices on the website. It's not smoker mirrors. You'll see that we sell diamonds. It says sold or hold. It means if someone's on hold, they've given us a deposit waiting to buy that diamond. So go to the website guildholddiamonds.com, look at our collection of yellows and pinks. And one or the other, my favorite colors, by the way, is green blues. And they are becoming so rare and so hard to find that this is a great, great diamond to get invested in as well. The number one eight seven seven eight silver. And as Paul said, go to guildhalldiamonds.com. If you are a diamond purchaser till the end of July, you will get 10% off the purchase price back to you as a buyer to be placed in either gold or silver bullion, TFSA, or RSP account as well till the end of July, you purchase a 100 ounce bar of silver. You'll get a one ounce silver maple leaf as well. More of the real money show will recap and go through some of the fundamentals when we return right here on the talk radio, the AM 640. And back at our one eight seven seven eight silver. That is number to get a hold of guildhall and guildhallwealth.com is the website. If you're a diamond purchaser till the end of July, you'll get 10% off the purchase price back to you as a buyer to be placed in either gold or silver bullion, TFSA or RSP account, check it out online as well. And if you purchase a 100 ounce bar of silver till the end of July, you will receive a one ounce silver maple leaf as well. Let's do a bit of a recap. Jeremy, Darren with our last few minutes here of the show. Thanks, John. I mean, the real part of this job that I love the most is helping people to understand they can make their way through these markets without falling necessarily. Now, everybody has their days when they sit down at the blackjack table and it doesn't work out for them. It doesn't mean they're never ever going to the casino again. So when it comes to investing your hard earned dollars, number one thing I want people to learn before we recap the show is that you need to know where your money is. Gold and silver are one of those types of investments where you can actually hold on to them. Natural fancy colored diamonds, you can touch them. They're tangible. You can learn about them and you're getting educated on a regular basis. I dare ask the question to investors all over the world when we talk to them at seminars or when we're talking in the office or by phone or by emails, do you know where your money is? And the answer quite resoundingly is no, they don't. They might know where it's supposed to be or they might think they know, but 900 out of 10, they're never going to know where exactly where it is. And that's a little bit alarming, consider where we are. I have a prognosis at this point in time that is tending to lean unfavorably towards a falling loony. And I think as a result, because I feel that the loony is going to weaken over the coming months, maybe the next year, two years, it's possible we are going to see people flock into assets like gold and silver more frequently. Now that being said, does it mean that the price of gold on paper tomorrow is going to jump to $2,400 an ounce? It doesn't. But if you knew something was going to be on sale for an extended amount of time and you could get to it and access it now at a reasonable price, would you do it knowing that in five, six, seven, eight months from now, maybe eight days from now, the price could be much higher. And I think the answer for the average person is yes, given the set of fundamentals that gold has. Now, we had a video going around the office where they had this guy in California was trying to give away a 10 ounce bar of silver and I think or a chocolate bar and resoundingly people were taking the chocolate bar. So it kind of starts to tell you that a lot of people out there don't really have a clear understanding of what a tangible asset is. And when you look at what happened in Greece recently, and you're looking at the newspaper and you're seeing crowds around the bank, but we've known for a long time that a lot of people have been pulling their money out of the Greek banks and taking the cash out. In fact, I heard recently that cash is pretty short in Canada as well. So I think that there is an understanding that we're getting to a point where these institutions out there are not only too big to fail, but now they're too big to bail. The debts on them and everything that they owe is just too tough and too big to actually get themselves out of hot water, which means we have to protect ourselves. This is why we're so passionate about it because we feel that the best way to protect yourself is to be outside the banking system, to have tangible assets that are easily liquidated and to protect yourself. Now, in our opinion, that means just doing a little bit of diversification enough that you can feel that you've covered your bases, that you can sleep at night knowing that if there was a collapse in the stock market, or if there was a falling Canadian dollar, for instance, that you've hedged yourself in some way. And this is being fiscally responsible, in my opinion. And this is what I love about my job is that I get to help people do that to be able to get into the market. Now, I've seen people who've been over invested as well. And I think that that's not a place where you want to be necessarily where it's keeping you up at night because of a 10 cent move in the price of silver. You want to have enough that you can feel that you've covered your bases and that yes, you can take advantage when the market rises. We strongly believe that given the fundamentals and the fundamentals always win, that the price of silver should be in the triple digits. Now, is that going to happen tomorrow? No, not with the way things are currently. Could it happen in the next few years? Yes, it could. The question is, is are you going to be prepared? Or are you going to buy it at the higher price? Or are you going to start to move into the market today? And that's why our e-store is so good for that because people can easily register to the e-store, pick a few 10 ounce bars or a 100 ounce bar or a couple ounces of gold, get into the market, see what it's like to make the purchase, put it in your hand, take it home, and then you can move up from there into other sorts of instruments that we have, whether it be to purchase more than 500 ounces of silver, for example, and stored in the depository for ease of liquidity and good security, or you can put it in your RRSP or TFSA any registered account. And this to me is extraordinary because you can actually own the physical hard asset outside the banking system, but inside a registered account. 1-877-8-7-8, silver online, the guildhallwealth.com. As Jeremy mentioned, I'll add to it as well if you're a diamond purchaser for the up until the end of July, 10% off the purchase price. Back to you as a buyer to replace it in either gold or silver, bullion, TFSA, or RRSP account with Guildhall. And till the end of July, if you purchase a 100 ounce bar of silver, you will receive a one ounce silver maple leaf. You mentioned earlier, Darren, about the loony going down, and that's your prospect. Why do you think it's going down? Well, I think there are a number of reasons, John, why the loony might get a little bit lower. Historically, it's just below its mean in terms of value against the US dollar, and again, that's the easiest peg because most people understand that. But with respect to where it was just a few years ago, I think that was somewhat of a nominally. I'd like to think that as a country, we got really strong economically, but I think that that was a lot more to do with the US dollar faltering than it was with Canadian economy strengthening. Now that being said, one of the main reasons is obviously because of our oil, and of course, other resources, of course, gold is not at its peak in price. And oil is half of what it was just this time a year ago. People don't realize it, but was $104 a barrel just a year ago, 12 months ago. And now it's trading somewhere around $52 per barrel. And it's been very, very volatile as of late reaching down into the 40 range per barrel. So this is something that's weighing heavily on the Canadian dollar and reasons why people aren't spending as much buying as much. And in addition to that, I believe that we are seeing a loss of competitiveness around the globe. And it's underscored by Canada's current account deficit, which is now 3.5% relative to GDP, a percentage point higher than America's. And we're lagging also too, in a sense, because if we get even a 1% rise in GDP this year, compared with what they anticipate will be as much as a 2% to 2.5% rise in US GDP, we'd be lucky. But as we discussed earlier in the show, we think technically we're already seeing a recession here in Canada, and it could be getting worse. Now add to that, the direction, or the lack of direction regarding interest rates. And that makes the perfect storm for a faltering loony. We don't know what the Bank of Canada is going to do. But we do see things changing. Of course, one of those things that's underlying that particular argument is the widening bond yield differential in favor of treasuries. It's an obstacle for the loony. And people don't really understand that it can be complex to understand. But the fact is that we need these things to work and sink in order to see a stronger loony. So those things are combining to make it difficult at this point in time to see much in the way of growth. If we stay in this range, we'd be very lucky. But that's another reason why I would encourage somebody that believes in the fundamentals of gold and silver long term to think long and hard about what they're about to spend because it could get very expensive in a very short period of time to do the same thing with zero movement and either the price of gold, silver, or colored diamonds simply due to the fact that the exchange rate changes heavily. These are three asset classes which are governed by the reserve currency and traded in US dollars bought and sold in US dollars. The fact that we have diamonds on our site and Canadian dollars just simply means that we convert them as a convenience to our clients. I think the exchange rate question and argument is a real interesting one because I think you just put it into it's nutshell, Darren, which is if you have concerns about the exchange rate, then you really should be getting into the market as fast as possible because as we've seen, if in anything, if you look at gold, for example, the high in the market was 1900. Today, it's trading at $1,500 if you put it back into Canadian. We were at par the last time gold was at its peak, so it's important to have that currency. If you were in South America in countries that had currency issues, you'd move as fast as possible into the US dollar to have a safe haven currency. This is part of the reason you're seeing the rise in the US dollar in the first place is because people are looking for a safe haven to get into. That currency is it right now, but there is that alternative currency which is gold and silver and it is a store of value. To avoid that currency issue down the road, you should either simply purchase on a regular basis, so sometimes the rates better, sometimes it's not. I can tell you, I had a client buy recently, she bought exactly a year ago, the price was higher, but the price was lower because of the exchange. That doesn't matter in the long term. Gold and silver are doing much better than the US dollar. The US dollar has come down over the last 10, 15 years and gold and silver are up against it in the last 10, 15 years. So when it comes to exchange rate, we want to think long term to help smooth that ride, you want to buy on a regular basis. Some good information here. A lot of it fellas. Again, you can go to the website anytime to recap, check out old shows and give the guys a call if you have any more questions as well before or while you're investing. One eight seven seven eight silver online to guildhallwealth.com. And one final reminder for this week till the end of July, if you have purchased a diamond 10% off the purchase price back to you as a buyer to be placed in either a gold or silver bullion TFSA or RSP account until the end of July as well. When you purchase a 100 ounce bar of silver, you will receive a one ounce silver maple leaf as well. This has been the Real Money Show on Talk Radio, M640. 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 Million Dollar Heist. Tuesday, watch reality shows like Top Chef Canada and Wednesday enjoy comedies like Ted. And it just keeps going and going every single day. No matter when you tune in, there's always new entertainment for you to discover. Stack TV, new shows streaming every day. Try free applicable membership required. Restrictions apply.