The Real Money Show
The Real Money Show - May 23rd, 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. The number is 1-877-8 silver online to guildhallwealth.com. Make sure you click on the E-Store. Sign up for the precious metal advisor and check out how you can use your RSP TFSA. Other registered funds to begin investing and I want to mention this as well. Still in the giving mood for all diamond purchase between now and the end of July through Guildhall 2015. Of course, they'll be giving an immediate 10% off the purchase price back to you as a buyer to be placed into either gold or silver through the TFSA or RSP. So make sure to take advantage or some conditions that apply. Guys, let's get the show underway. We always start with an update. Darren, how are things? Markets are good, John. We had a great week just to let everybody know we are recording from the distance this week. So we apologize for the sound quality, but in an effort to make sure we're updating our listeners. We wanted to make sure that we did the show and that we got up to date information. So please bear with us. But the markets were great this week. They held in there very well. The market in silver is trading between 17 to 17.30 per ounce. The marketing gold has been reestablished. We've reestablished the 1200 level and has been trading above 1200 now all week. And from a demand perspective, not only because of that new offer that you just mentioned, John, but this week has been a great week. So we want to welcome everybody aboard the Guildhall that has bought through the week and that has opened up accounts, whether it's an RSP or TFSA account, whether it's depository, whether it's just a straight purchase. We're happy to have you aboard and we're extremely satisfied that you chose us. So again, great week, John. Actually, you're right. It has been a great week, Darren. And I'm very excited about how many people have decided to invest in gold and silver in their RSP and their TFSA. It's a great, great opportunity, especially in the tax-resaving account where you've got to look at the stock market right now. We've had an unbelievable run up over the last four years. Not everybody has actually invested in the stock market and some people are still sitting on the sidelines, but it has risen quite tremendously. But what goes up normally comes down and it's the same thing we real estate. We are in a bubble and it can only go so far before the bubble burst. We think the stock market will come off. It will retrace back. Normally, what happens in gold and silver will go up when the stock market comes off or when housing prices come off as well. So we're expecting gold and silver to go up. It's proof that it's broken the 200-day moving average. We'd like the position. Myself, personally, I've bought into silver. I have skin in the game. When I'm on the air and I say I buy, I really buy. All of my staff are involved in gold and silver. We own gold and silver. We just don't talk about it. We're not like the TV programs on the business shows where it says, "Do you own the product? Does family own the product?" You know, we tell you that we own the product. We think gold and silver is going to move and we think it's going to move very, very quickly. My philosophy right here has always been, it's better to be one month, two months, three months, too early than one day, too late. Because when this market starts to move, we're not going to get increments of silver of 10-cent moves or gold of $1 or $2. You're going to see jumps of $20, $30 a day in gold and silver, you're going to see $1 or $2 a day moving up. So it's a great, great time to get in. Whether you buy the product physically, if you don't want to get into an RSP or a TFSA, you just want to own gold and silver, you can go to our website, guildablewealth.com, go to our e-commerce store in the right-hand corner, click on you can buy a gold and silver with a click of a mouse. It's as easy as that. One eight seven seven eight silver online to guildhallwealth.com. Make sure you pick up the precious metal advisor. Well, Jeremy, what's the you? Well, I've been reading a lot of, we're always keeping up on all the information coming out, all the articles. And it's amazing and surprising whenever we're speaking to people who are new to the market, they're often quite unsure where to go and get information about gold and silver. Because if you go to CNN or you're watching even BNN or CNBC or the mainstream media, you're not going to get the full picture. You're only going to get, obviously, in many ways government funded agencies, as Gerald Palente has said on our show, they're the prostitutes. And if you want to get really informed, you've got to go elsewhere. For me, I like zero hedge. I go to King World News. There's a site called Silver Doctors they take on a lot of. And then there's newsletters and whatnot. For anyone out there looking to gain more than just the basic mainstream knowledge on precious metals, we definitely encourage you to join the precious metal advisor. We seek out the best articles of the week that will really inform investors to learn what's going on in these markets. And what we're seeing is that if you go anywhere but the mainstream, there's a lot of information about just how critical the global economy is and just how brittle it is and how on the cusp it is of a breakdown. We don't know what's going to happen with Greece within the next month because they've got to come up with payments. Are the banks going to see people's funds? Are they going to take away from pensions? Things can get really rough in the next month in Greece. And then, of course, China's overheating. How long can America keep up their deficits and just growing all the money? So you really have to start to get informed because what you're going to end up doing otherwise is just staying in cash, staying in stocks which are denominated in cash. And what happens if the market goes the other way? So this is a big issue. And again, if you want to get informed, sign up for the precious metal advisor, go to guildhallwealth.com and we'll keep you updated on these markets and you'll start to learn why it's so important to hold gold and silver and why we think it's so important to hold gold and silver in your portfolio. 18778 silver is the number Jeremy's talking about online to guildhallwealth.com. What are you guys just telling me? I finally woke up, smelled the coffee. I want to start an account. I want to get some gold and silver as part of my investment, maybe 10, 15, 20%. How do I start doing it? Well, the first thing is to give us a call, John, as you know, the numbers there and it's available on our website is clear. But you have a number of choices and all of them are in physical, gold and silver. The first and easiest choice is to simply come by and if you're looking to own a smaller amount, maybe you want to put it in your safety deposit box or take it home with you. You can make a purchase and take home gold and silver with you. We have all kinds of denominations ranging from one ounce coins and smaller to one ounce bars and larger up to 1,000 ounce silver bars. So that's a really easy way to buy. The second would be if you're going to buy a larger amount and you want the safety aspect of ensuring your purchase, storing your purchase, and having the ability to liquidate your purchase, then maybe you want to open up a depository account, which means that that product will be stored. It's stored here in Toronto. It can be stored elsewhere around the world. You have a couple of options for that, but this is product which is physical. It can be segregated. The serial numbers on your bars can be given to you. You get delivery seats for your metal and you can visit that product whenever you like. Now in addition to that, if you do have room within your RSP or TFSA, another smart option for owning gold and silver is to do it under a registered RSP plan. So we have those options available. We partner with a company, one of Canada's 50 best managed companies, and they're very efficient at what they do, and very, very glad that they come aboard with us, and they're a great company to work with. So we can hold a person's hand and we can get physical gold and silver into their portfolio for them in that method also. And the last way that they can invest is simply by getting a little bit more speculative. They can use physical gold and silver again, and they can have what's called the collaterally financed account. Where a buyer, let's say they have $100,000 and they'd like to buy some gold. They can use this account to lay down as little as 20% of the value of the metal while holding back the remainder of that total investment, putting it in their pocket for a rainy day, maybe to cost average. But again, an opportunity for a larger investor, somebody that's probably accredited or has a little more experience in the markets to really get some serious leverage in this market, working for them as the price jumps up. And speaking to that, John, we do expect the price of silver to be jumping now. We think it's only a matter of days, maybe weeks before we start to see this happening. We've just come through a huge period of negative or bearish sentiment in both gold and silver. Both metals have performed very well so far this year. Silver is the leader. It's up over 13%, almost 14%, since January 1st. And of course, very few people understand the dynamics of the marketplace. But it is very under-invested right now. And we do believe that based on its historical buying pattern, that silver will in particular start to rise very quickly, very soon. Yeah, as Darren said, this is a great opportunity to get into the market. It looks like the market has come and rise. And this always brings me back to the story. I have two grandchildren. One of them is eight years old. It can be nine this month. Another one that sits on the next month. On their birthdays, I always give them an ounce of gold, and I've been doing this since they were born. When we first started, gold was trading at $500 an ounce, you know, eight years ago. We've been as high as $1,900 an ounce. Right now we're in the $1,200 range. You know, that ounce of gold, my granddaughter will now have nine ounces of gold worth, you know, $11,000, $12,000. If I were to just give her the $500 a month, she'd have had $4,500, you know, in cash, plus the interest, which comes to better hand sandwich. So, you know, what is the difference? Gold is really a great asset. And I do believe this is a great, great opportunity for you to hold physical, gold, and silver in your portfolio. We recommend up to 20%. Financing is not for everybody. There is a little bit of risk. And again, it's for somebody that, you know, is willing to take the risk. You're putting up as low as 20%. But you can get into collateral calls if the market comes off. So, we prefer to go and stay into the physical product. So, give us a call. John did our numbers. One eight seven seven eight silver is a number pawn online to guildhallwealth.com. Just before we break, guys, let me ask you this, Jeremy, what makes guildhall, you know, different from, say, the next company? I think one of the biggest differences that differentiates guildhall from others, of course, is that we're very transparent, especially with holding physical bullion, anyone who wants to store. And by the way, we also have a booklet for anyone who is storing at home and what they can do to ensure that their product will be safe. You can just ask us for that. Just go to guildhallwealth.com. But we're very transparent. So, for example, if you're holding physical bullion with guildhall, we'll give you the serial numbers. We'll allow you to come and personally audit your product. That's incredible transparency and also give you the documentation to prove that that product is yours. So, that's number one. Right. It's the liquidity that you can sell it on a phone call. You know, if it's in the safety deposit box and you've got a bank holiday on a Monday, or you've got, you know, if after five o'clock, you can't get to your product, you know, we trade all the time. All it takes is a phone call to us and we can sell your product or buy your product. For that matter, go into our e-commerce side. Guys, we got to take a short break. We're at the end of the first bid here. Lots more to talk about. Stick around. In the meantime, to call the guys 1-877-8 Silver. That is to direct number to guildhall and guildhallwealth.com online. Make sure you check out the room of your TFSA and RSP to start investing that way as well. More of the Real Money Show coming up, talk radio, AM640. And back in with more of the Real Money Show, the number to start investing. You know it. 1-877-8 Silver online to guildhallwealth.com and a reminder again for all diamond purchasers. For the rest of July, the beginning of immediate 10% off the purchase price back to you as a buyer to be placed into either gold or silver bullion through TFSA or RSP. Some conditions apply to guildhall wealth management for more details on the technical aspect, technical end of things. Darren, how does it look? Well, listen, as Paul said in the first segment, gold has breached this 200-day moving average, which is bullish in and of itself. Then you apply that to the rest of the market. And it looks as though around last month or so the stock market and a couple of the other major indices around the world topped out. The US dollar looks to be taking a bit of a break. It hasn't reached any significant highs in the last 30 days. And really what we're seeing here is kind of a stalling point. And of course this week we had the Fed minutes. We had the Federal Reserve come out with their monthly minutes at 2.15 on Wednesday. And the basic takeaway was that they're not touching interest rates. Again, no expectation of higher interest rates. So again, some of that can be bullish for some people looking at metals while others see it as bearish. But the overall picture is that we've held the trend line in pricing for the last month, month and a half. And in fact, metals earlier this week and last week surged higher. So we've got a newly established base happening in both gold and silver. And the boat is being rocked in news across the world this week. We saw in China a fairly significant jolt in the stock market, which in the grand scheme of things probably left a lot of small investors very injured. But in the moment that it occurred, China's richest person, which is Li Heizhun, he said they think, as the news is reporting, a new world record for the quickest amount of money lost in the shortest amount of time. And he lost about 15 billion worth of his fortune in a half hour as the stock in his company, which is called energy thin film power group, fell by nearly half. Trading in the shares were halted on Wednesday and leading to attend the company's annual meeting. But you've seen that occur now a couple of times. And this week in particular, the news or headlines were telling us that it affected a number of people. So this is creating instability. And it's leading us to believe that these markets, such as China and others, were not as stable as they could be. Now news is also reporting that, and we'll have to follow this up, that Li Heizhun does own an interest in some gold. It could be in the form of paper or physical. I've not gotten that yet. But if he does, he's going to thank the high heavens because that's what's going to be protecting him. And think about high frequency trading and flash crashes. If you own physical gold and silver, you're immune to that. If you have hard assets, tangible assets, you're immune to what can happen with the computers trading on the stock market. And I was reading this week that even the banks are concerned about, they're starting to use that as an excuse, the high frequency trading. But of course, the banks right now, especially in the United States, they just got busted for forex trading. They're going to be fined billions of dollars, but not a single person is going to go to jail. So they've got, they've got a culture of corruption in the states right now. That's just the times we live in. And what's great about owning natural, not natural fancy color diamonds, although that's good too. But gold and silver is there's no counterparty risk. So again, if you're holding physical gold and silver, you're immune to flash crashes, you're immune to corruption. No one can take that product away from you. It's yours. 1 8 7 7 8 silver online to guildhallwealth.com. Jeremy, obviously, I'm not a Chinese billionaire, but when it comes to owning precious metals, like how much should someone hold or how much is enough? Well, the typical experts in this market will say 10 to 20 percent of your net worth as the base of your portfolio. It's important to have a secure foundation in your portfolio, and hard assets is definitely it. We think it's also important, just from our experiences, that it should be whatever helps you sleep at night. If you're up at night because you're watching the price, you might have a little too much in your portfolio. If you don't have any in your portfolio, and some of the concerns that we're bringing up about the economy and the stock market is keeping you up at night, then you should start to have some physical metals as a way to feel secure with your wealth. The thing is, Jeremy, you've got to look at, and we mentioned this last week when salinging was on the show. When you're paying one tenth of one percent a year, which is around about 1.25, give or take, storage fee to be insured for your product, to be allocated, segregated, as insured with Lloyd's in London. Over four years, you're paying approximately five percent in storage for you to hold that product. If you're listening to this show, and you've been listening for a long time, do you believe that silver or gold is going to rise more than five percent in the next four years? It's simple. If you do, you should be picking up that phone or going to your computer and going to give it whole wealth and going to our e-commerce or buying physical product. We're not talking about finance, any charges, any commissions we're talking about where you own gold and silver. It's in the depository, and you're paying basically one and a quarter percent a year to store that product. For four years, you're paying approximately five percent. If silver moves up today from where we are at the $17 range, where it goes back to where it was, was May the first 2011, we were at $49, you're going to do exceptionally well. If it only goes up, 25 percent, it means silver is going to be trading at $21, you're still going to make a 20 percent return on four years if it only moves up to $21. It's a great time to get in and buy silver. 1877-8 Silver is the number, Paulgillhallwell.com. Jeremy, tell me this. What do you think silver will be doing next? Well, basically, I think that if silver can hold the price range we're at, the next level to test is 18 and a quarter, and I think that happens in the next couple of weeks. Both silver and gold have breached their 200-day moving averages, and I think that that's a likely outcome unless barring some major news or difference silver gets hit down again. If it does, see it as an opportunity to load the boat because you're not going to get many of them. Once the market does move, as Paul said, it takes a very short period of time for the price to move higher. But I'm seeing the world of commodities right now change. Copper reaching some new short-term highs. Gold, again, back up above its 200-day moving average. West Texas Intermediate Crude, which is, for all intents purposes, the crude price that we follow on a day-to-day basis. That's moving higher again now and analysts predict that it's going to go slightly higher again back up towards 60 a barrel. And again, we're getting these signs all coming at one point where I just said that I believe the rest of the markets and major indices around the world have stalled out at the moment. So if you apply those as a rule of thumb, in watching those from a technical perspective, we would expect silver and gold to start moving higher here. As you're right, Darren, you say $60 a barrel for oil. As we're taking this show on Thursday afternoon, West Texas Crude is trading at $60.40 a barrel. That's up for $43 today. You know, we're coming into the busy driving period in the summer holidays in June, July, August. That's when the price of oil starts to go up. And we believe gold and silver will move up dramatically. You know, if you listen and take notice of what the US keeps coming out with their reports, you know, last week they didn't hit jobless claims. It was up a couple of thousand. This week, again, you know, they correct it. They're up about another 10,000 in jobless claims. Tomorrow they come out with the unemployment report. Unemployment in the States right now, they report is 5.2. It's close as a 10.8. There are so many people that are on welfare that come off of the unemployment. You can't believe everything you hear. You can't believe everything you read. You have to do research. You have to, you know, protect your money. You have life insurance, health insurance, car insurance. You don't want to collect on any of those things. Buy gold and silver is the same thing. You're going to be able to protect your wealth, your hard-earned money, by having some type of insurance policy. As I said in the first segment, the stock market cannot keep going up in a straight line like a rocket ship. Even a rocket ship has to decline, has to fall off. And the stock market, if we get a correction of 20, 30 percent, a lot of people are going to lose a lot of money very, very quickly. And I think gold and silver can move up 30 percent that quick as the stock market comes off. 18778 silver online, guildhallwealth.com. Check out your RSP and TFSA options. Click on the e-stores. We'll talk a little bit about the fundamentals, Jeremy. Yeah. You know, I think anyone who is going to be looking at this market is going to want to look at charts. And unfortunately, you can't learn a lot from looking at a chart, and especially in this market where you're just seeing the market sometimes going nowhere. You want to get into this market before it takes off, before the momentum really hits, and to understand that, you've got to look at the fundamentals. Speaking fundamentals in precious metals, the key is you want to – gold and silver is real money. They're universal currencies. So you want to prepare against the fundamental of currency declines. Whether it's – you know, what we see in the government right now is they're creating a lot of currencies. And the only way to protect against that is by holding gold and silver, because you can't create gold and silver ad nauseam the way you can currencies. So what happens when you create currencies is the currency's decline. There's no ifs ands or buts. You print more money, you need more money to buy the same amount of goods. So you want to prepare against currency declines, which is also going to lead to inflation. Now, governments will say inflation is 2 percent, but if you're looking at gas prices or hydro or insurance or going out for dinner, you're going to know that inflation is clearly with us, but it can only pick up steam if countries are printing more money or creating more money. So you want to defend against inflation. The other is supply and demand. We know that there's five times more gold above ground and silver, that there's less than a billion ounces of silver above ground and 7 billion people plus on the planet. There's not enough silver to go around and silver is being used in electronics and digital and so many usages. Think of just solar as one usage that is exploding right now. And then, of course, you've got geopolitical unrest. Why are governments central banks buying gold and wanting to bring their gold home? Simple. It's a hedge against increase in currencies, and we don't know what's going to happen between governments. So the pieces start getting moved around the board and countries start buying gold to protect themselves and give themselves power at the bargaining table down the road. One eight seven seven eight silver online to guildhallwell.com. Got anything to add to that during the last couple minutes here? Well, I think Jeremy's correct in assuming that those are going to lead ultimately to higher demand and we see it already in certain sectors, as Jeremy mentioned, but ultimately it's going to depend on the speculator as well. Nothing does more for buying than buying. You know, the saying in the office is buying begets buying. So when you start to see silver being bought by speculators, opposed to just the industrial demand itself, you do start to see prices rising. And of course, the structure of the marketplace has changed dramatically since we began doing this back in 2002, but ultimately it will not wait for anybody. Investors that are looking for a good story, an asset category which has tremendous demand and has the ultimate ability to go sky high should be parking a portion of the portfolio in physical gold and silver. The other half of this equation, guys, is the lovely natural fancy color diamonds, which we will get to after a short break. One eight seven seven eight silver online to guildhallwealth.com. Make sure you click on the store and check out your options for investing with registered funds like RSPs and TFSAs as well. Real Money Show and Talk Radio, AM 640. And back into the real money show one eight seven seven eight silver. That is the number you want to use guildhallwealth.com. Or in this case, guildhalldiamonds.com as we move into natural fancy color diamonds. Guys, there's a big show as always or I think believe it is every year, the JCK show in Vegas. Paul, Jeremy, you guys are heading down there. Give me some details and why. Well, the number one reason is we have a lot of contacts there that we want to keep up relation to with. The other is that all the dealers, especially out in New York, will bring the best of the best of the inventory that they have. And even though they bring the absolute best, we still have a really tough time finding the type of quality that we procure at Guildhall. For example, I remember a couple years ago, we were searching and all we came back with was a couple of intense yellows that were internally flawless. And I think one was sold before we even landed. And then a couple years ago, I remember we did get a green internally flawless diamond that was just absolutely gorgeous. Again, we sold it to a client before we got back into town. But we do our best to try to find what we can and obviously secure our relationships with our dealers. And it's a great chance to find out what's going on in the industry. So for example, there's usually a seminar about what's happening in the market in general. And so we're going to be making sure that we're keeping up to date on markets. And we're looking forward to coming back and sharing with our audience all the new things that we've learned. Also, it's a chance to, we have the NCDIA that's a cocktail party. We get a chance to schmooze with the other members of the NCDIA. And also, you know, a chance to, you know, meet new suppliers that we may take on board that meet our criteria. The criteria that we have when we're buying a natural fancy colored diamond is very, very important. We have yet to be a client, for example, bought back a diamond. They only had it three years. And it was an all-gal pink, it's only a 0.30, which is just under a third of a carrot. But we sold that diamond, you know, to the client for $20,000 three years ago. Today, that same stone will be going up on the website, but, you know, between $45,000 to $48,000. That's in a three-year period on an all-gal pink. And, you know, again, I stress to the client, why are you selling it? He said, "Well, I really don't need the money, but I'd like to know what I can get for him." So, you know, we agree to, you know, get re-appraised, re-photograph it, put it back up on the website. And I'm sure someone will put in a decent offer, and we probably will sell it for him. And it'd be sorry that he sold it in three years' time, and stone will probably be worth $75,000, $80,000. But, you know, that's what happens in the diamond business. But going back to Las Vegas. Well, that's actually not what happens in the diamond business. A lot of times what will happen in the diamond business, and this is why it's so important to get educated, is we get a phone call a week from someone who bought A-color diamond. That's it. Just A-color diamond. Not the highest quality, not the best clarity, not the best strength of color, not the best sizes necessarily, not the best measurements necessarily. They just bought A-color diamond, and in most cases, they overpaid. And now they're stuck with a diamond that has not increased in value and might not reach what they paid for for many years to come. So, what we have is actually A-typical. The ability to buy something that has extremely good quality, and then the proof is in the pudding. We've never lost money on natural, fancy-colored diamonds. That's not what we do. And the way that anybody out there knows that is because we procure the diamonds. We buy those diamonds personally. We're not selling them for someone else. We buy those diamonds for our clients. We put skin in the game as Paul likes to say. Then we go out and get it appraised so that the client can see exactly what the replacement cost, the maximum replacement cost will be. So, they get that transparency, which is so key. And then, of course, we educate the client on what you should be looking for to buy any diamond, not just a natural, fancy-colored diamond, but what's key in natural, fancy-colored diamonds, which is so easy to understand, is that if you buy quality, it's very rare. And that rarity creates value. And that's what you want. You want to buy something valuable. And what's so incredible about natural, fancy-colored diamonds is the better the quality, the more beautiful it is, and the more rare it is, and the more valuable it is. And so, it's very easy, in a sense, that you don't have to, oh, I picked out the best diamond. Is it worth something? Of course, it is. You picked out the best diamond. And that's what we do at Guildhall. And that's what we show our clients how to do at Guildhall. The numbers 1-877-8 Silver Online to GuildhallDiamonds.com. You can see the entire collection there, right, Paul? Absolutely. The other thing is as well, when we're talking about a natural, fancy-colored diamond, you know, we belong to several different organizations, the NCDIA, which is the National Color Diamond Association, which is out of New York. We also belong to the fancy-colored research, which the members are, you know, the highest, highest quality of diamond dealers, you know, from Tiffany's to Cartier, all belong to this type of organization. And we try to bring, as Jeremy says, transparency to the business. We're here with the National Color Diamond Association to make the purchase of a diamond, a colored diamond, a very, very important part of your life where you're going to buy something that's going to increase in value. If you're looking to put your kids through university, or you're looking for retirement, whether it's 10, 15 years down the road, or you're just looking to pass something on as an inheritance, this is very, very important that you buy the best, best product. We have a 10-step buying guide to buying a natural fancy-colored diamond. We tried to get our clients involved in what to buy. You know, yesterday I was offered a couple of natural fancy-colored diamonds and it was vivid, beautiful colors, but they had that the cart was not that great, and it's not the type of diamond, even though they were internally flawless, it's not the type of diamond that I would want to sell to my clients. Because somewhere down the line, I know I'm going to get this diamond back. Whether it's in five years, 10 years, 15 years, 20 years, you know, if a client wants to bring it back to us to resell it, I don't want to have a tough time selling something that I know is a piece of garbage. I only want to sell the best. If you were going to go and buy a car today, I don't care whether you're buying a Ferrari, a Rolls Royce, or a GM car. When you buy a brand new car, you're not going to buy with a scratch and dent. You want it to be perfect pristine with a guarantee and a warranty, and you know that you're buying the best. That's what we offer at Guildhall. We have a tremendous promotion going on right now. It's going until the end of July. I'm very, very proud of what we've done. We've brought our collection to you, and what we're doing is giving you a 10% off the price, off the stone, to invest in an RSP or a TFSA. There are some conditions involved when you make the purchase, but this is what we're offering. If you buy a diamond today, and it's $50,000, you're going to get 10% back, $5,000 to invest a golden silver in a secure investment account, whether it be a TFSA or an RSP. Again, this is something which we're offering. You're getting something that is secure, segregated, allocated in a secure location, insured with Lloyd to London, and through the brokerage house, you're insured for over a million dollars on your account, on any account that you have in an RSP or a TFSA. 18778 Silver Online to GuildhallDiamonds.com. Paul, you mentioned the 10-step buying guy. Jeremy, that's also your sister, Nicole, who writes that. Tell me a little bit about her. Right. So Nicole has, she graduated from the Gemalgy Institute of America for diamond grading. So it's very important for us, and this is one of the 10 steps. I don't know if Nicole put that in there because she is it, but no, one of the 10 steps is that when you're purchasing a natural fancy colored diamond, insure that the company has a GIA graduate on staff. That's going to insure quality. So what happens is, we'll receive GIA reports all day long from companies selling us diamonds or looking to sell a diamond, and they all go through Nicole and she checks the details because the devil is in the details. It's not just about, oh, this is a vivid yellow. Okay. Yes, it's internally flawless. Okay. But what else has is going on with that diamond that's going to make it a money maker. It's going to make it a real investment, and that's what having a GIA graduate on staff does. Well, that's just one aspect. Our 10-step buying guy gives you 10 things that you should look for when buying a natural fancy colored diamond, especially if you're thinking about shopping around a little bit before you purchase. We want to arm clients with the information so that even if they don't buy from Guildhall, we're not going to get a phone call from them six months from now saying, so I bought this pink and I think I might have overpaid, which is something we hear often. So what do you have going on right now that's special? Well, what we have that's really special is if you go to our website, GuildhallDiamonds.com, you're going to see an unbelievable array of yellow internally flawless. Now, we recommend one carot or more when you're buying a yellow diamond. It's very important. That's an investment great size that you get just over a carot. If you're looking at all gold pinks, we have an unbelievable selection of all gold pinks. We only sell VS quality. VS means that it's very slightly included and that is the type of pink diamond that's going to go up in value. There's lots of SI1s, SI2s, I1s, I2s out there, which they have the color, but they have a lot of inclusions in them and you're not going to make money on that type of stone. One of the diamonds that we procures and I'm very, very proud of them. Nicole helped me procure this diamond. It's a 1.16 vivid yellow internally flawless. It's angled cut. The color is just magnificent. It's saturated yellow. It's so rich. It's exquisite. This diamond is a type of diamond that you can hold for, whether it's 10, 15, 20 years and you're going to make nothing but money. It's a little expensive. It's $75,000. What makes it so expensive? It's the rarity. You don't see emerald cut virtually in any vivid color diamond anywhere, except in some pinks that come from the Algar mine. It's a cut that is actually normally 40% higher than any other cut, whether it's radiant or cushion or pear or even round cut. This diamond is an exquisite diamond that you're going to make money on. This diamond has been approached at 125,000. We have it on for 75,000. If you purchase this diamond, you're going to get $7,500 towards an RSP or a TFSA on top of getting an exquisite and one of the rarest diamonds in the world. You have to get involved in buying a natural fancy color diamond, not only for yourself but for your kids, for your retirement. It's going to be the one of the best investments you will ever, ever make. Jeremy often say that when you buy these diamonds, not only just ladies, but everybody in general can use them for wealth to wear, which is jewelry, correct? Yes. Why not put it into jewelry? Diamonds in general are the hardest substance on earth. You can wear them daily without having to worry about necessarily scratching them only. Another diamond can scratch them. If a diamond is a very good quality like the diamonds that we have, it's also very difficult to break them, which can happen with cleavages, etc. But with natural fancy color diamonds, you can definitely put them into jewelry. We do that all the time. We have a jeweler that we use that has done designs and works for some of the highest jewelry houses around. He's incredible. We do a one-on-one. You'll bring to us your design. We'll see if our jeweler can add any embellishes that might improve the design if possible. Everyone has been always very, very happy with designing some jewelry with a natural fancy color diamond. It's not just for women. Men can have rings made, and they can also do cufflinks or a tie pin. There's lots of different things you can do with a natural fancy color diamond to show off this wonderful investment that you have. Take a quick pause, guys. In the meantime, 1-8-7-7-8 Silver Online to guildhalldiamonds.com. And remember, as Paul mentioned a short time ago for all the diamonds purchased between now and the end of July, 10% off the purchase price. Back to you as a buyer to be placed into either gold or silver, bullion, TFSA, or RSP. More details on that coming up in the last segment. We'll do a bit of a recap and continue with more of the Real Money Show. Talk Radio, AM640. And back into the Real Money Show. 1-8-7-7-8 Silver Online to guildhallwealth.com. Make sure you sign up for the precious metal advisor. And take advantage as a diamond buyer when you purchase between now and the end of July. They'll be giving you an immediate 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 Wealth Management. Now you mentioned, guys, Jeremy, I'll throw to you that. We talked about a $75,000 diamond purchase possible. Now right away, 10%, that's $7,500 into a TFSA or RSP with precious metals, which is huge, right? Yeah, that's good. It's great. You're going to buy, for example, you could buy three 100-ounce Royal Canadian Mint bars of silver. If silver doubles in the next two years, for example, although it could happen a lot quicker than that, all of a sudden your account is worth over $15,000, which you could put towards as a discount against the diamond that you purchased. And of course, a diamond like the Vivid Yellow Emerald Cut, we're very confident that a diamond like that is going to see valuations of over 20% increases every year. It's just that type of rare diamond. And again, what's interesting about diamonds is, if you purchase stocks, and let's say that stock went up 10%, it doesn't matter how much you invest in that stock. It will only move up 10%. You can only make 10% on your money, whereas with a natural fancy colored diamond, the more you're investing, the more you're putting your funds into a rarer diamond. And the more rare that diamond is, the more valuable, and the more valuable, the better the gains. So if you're putting something like, again, 75,000 into a diamond, you're not getting 10% increases. You're getting over 20% increases a year. And that's our experience with the diamonds that we purchased at Guildhall. We're not going to make promises for other people. A little concern with this diamond is 20% a year. It'll be the highest 30, 35% a year. Fair enough, but it's better to come. But again, the key here, and my point was, again, with investing in a natural fancy colored diamond, the more you invest, the more rare that diamond, the bigger the gains, whereas if you're buying a stock, the more you invest, you're only going to get what the stock can go up. Well, the other thing is as well, you know, we do an appraisal. This stone has been appraised for $125,000. As I said to the appraiser the other day, I said, try to go out and find this stone. You know, I've spoken to several different dealers and diamond cutters that I do business with. And they said, you know, we just haven't seen one of these stones in, you know, maybe five, 10 years of this quality, this color, of this cut, they're just not out there. To cut a vivid emerald cut and a 116 internally flawless is so rare, you know, first of all, to find a natural fancy colored diamond, you've got to mine 10,000 white, 10,000 carrots of white diamonds to find a colored diamond. So to find a vivid internally flawless, you've got to mine maybe a million carrots of white to come up with a vivid internally flawless. To find a vivid internally flawless emerald cut, I wouldn't even try to estimate how many white diamonds you'd have to mine to come up with this diamond. It is so rare. And when you buy a rarity, you are buying an investment. You're going to buy something that's only going to increase in value. You know, you've got to be pretty savvy, pretty smart to understand this market. We have a lot of smart clients out there that wait for these opportunities. This diamond will go pretty quick. I'm very, very sure of it. I've got a couple kinds of, you know, we're already interested. But if the type of stone where you're going to get 10% towards your TFSA, if you purchase it, you may not want this pink. There's other, you know, this yellow, you may want to go to a pink. And pink said, you know, over the last 10 years, have proven about a 340% return if you buy the right pink diamond of VS quality, you're going to get that type of return over 10 years. 1 8 7 7 8 silver off to guildhallwealth.com online. Jeremy, let me ask you a simple question. What is the number one question you guys get? Well, for people looking to buy gold and silver within their RFP and TFSA, I kid you not. The number one question we're receiving is how safe is it from confiscation from the government? Well, the tin foil hatwares are these legitimate questions. It's a legitimate question. And I didn't realize that people were starting to distrust the government. But, you know, when you look around the global economic situation, you start to see bail-ins and you start to see all different people being robbed of their money, you start to think, okay, well, it can happen. The thing is, is that with gold and silver, there is no counterparty risk. It's a private hold. Even though the government is aware of your physical precious metals, there is no counterparty risk. You own that gold. It's held in a private depository outside the banking system. And remember, there's also no historic precedent of the Canadian government ever confiscating gold that did happen in the United States at a time where there was no internet and it was a little bit easier. Today, if any government around the world decided to confiscate gold, you know that the buying would take off like absolute pandemonium and people would be buying it and hiding it as fast as possible. And also, we want to keep in mind that investment demand and precious metals is actually a very small percentage of investment funds out there. It's a lot easier for governments to confiscate cash in bank accounts. And there's a lot more cash in bank accounts than there is gold and silver out there. And finally, I think it's important for people to understand that the government has already confiscated our money through inflation. And by saying inflation's at two or three percent, when it's more like five percent, when I look at my grocery bill, I can tell you we've already had our funds confiscated. Back when the U.S. confiscated gold, the U.S. dollar was backed by gold. And when they took back the gold, what they did is they depreciated the dollar. And that's the reason that they confiscated the gold. I don't think it could happen in this day and age. So you're pretty safe. The other silly question that we get is, well, how do we know the same two bars? You're not showing the same two bars that you're selling over and over. You know, we have with the storage, with the brokerage company that we deal with, they are the custodian of the product. They are the fifth largest brokerage house in Canada, and they're not going to show you bars with the same numbers over and over again. So, you know, that's a question that we don't take. The other question is, with diamonds, how do I really sell my diamond? Well, that's very, very simple. Because we know the quality of the diamond that we purchase, and we sell to you, we will take the diamond back. We will put it up on our website. We will fill that diamond for you. We will advertise the diamond. That's what we offer. We are not scared to take back a diamond that we sell to our clients. For the simple reason that the diamond is always an exquisite quality, terrific value. We've sold it at the right price. We know we can sell it at an increased value, whether you hold it 5 years, 10 years, 15 years. There is no new diamond mines coming on board. It's not a turn to the operation where, you know, you turn the key and all of a sudden you're mining diamonds. It doesn't happen that way. There's no new mines. And therefore, this is becoming a rarer, rarer commodity. It's like having an artist that paints. When that artist dies, there is no more of his pictures. So, therefore, it only goes up in value. One eight seven seven eight silver online to guildhallwealth.com to start investing. Now check out the e-star on the top right wire there as well. Darren, how high can silver go realistically? Well, silver is a long way to traverse, but given what we've seen historically, and we relate this to demand equation, each bull market that has happened in the last 100 years and there have been four has seen approximately 20 percent or higher of all globally managed assets touched gold and silver, either in paper form or physical. Given the fact that we're somewhere between one and two percent right now in the marketplace, and we've never been higher than about two to three percent over this entire bull market, I would anticipate that the price of silver would reach somewhere around 150 an ounce by the time it's all said and done in the next 60 months, most likely. But given the short-term analysis that we have for silver and gold, it's more than likely, as I said earlier in the show, that once we breach this 1750 range and held twice, we're most likely heading toward 18 and a quarter. Now if we hit 18 and a quarter and move higher there, it's more than likely by years and we're going to be looking to search into around the $24 to $25 range. And I think that that's a reasonable expectation for silver right now. If silver does that, expect gold to reach into the 1500 range as well alongside. Jeremy, you agree with the $150 mark? I do. I think that it could go higher. In order to understand why it could go higher, you have to first put away just looking at the price currently, you see, oh, it's under $20. You've got to start thinking beyond a confirmation bias and saying, okay, what can I buy for $20 these days? There's less than a billion ounces above ground. It's being used in every single electronic and digital industrial used out there. Add solar power, water purification, medical usages like burn victim band-aids or being put into clothing to absorb bacteria so it doesn't smell. And you've got a very quickly depleting resource on your hands. Now once you understand that, the next step is looking at how it's price in elastic. It means that if there's a quarter ounce in a laptop computer, it doesn't matter if the price of silver went to $200. It's not going to affect the price of that laptop computer. Case in point, the price of an Apple computer laptop has not changed in over 10 years. It's still $1,200. So if the price of silver skyrocketed, it's not going to change the price of an Apple computer as an example. So once we understand that those fundamentals exist, I want you to start to look at the other precious metals. Platinum's trading over 1,000, palladiums trading, I think over 1,000. I can't remember if it's close. And I haven't looked at it a long time. Gold's trading over 1,000 and silver's trading below $20. I mean, come on here. This is a very, very small market. It's not going to take a lot to push it extremely higher. And then finally, I think the other thing to think about is also what it buys you. You know, right now you don't understand what the value of the dollar is. How much can a dollar buy you? Well, you have a sense of it, but not when you start to think about how much money has actually been printed. Then you'll get a sense of inflation, etc., etc. So what we want to look at is more, well, what can I buy for silver? Well, right now in Toronto, an average home is going to cost you 35,000 ounces of silver. That's absolutely ridiculous. Even if it went down to 5,000 ounces, you'd be looking at over over $150 an ounce silver. So do I think silver can go to 150? Yes, I absolutely do. Do I think it will get there in one year? No, I don't. But could it get there in the next five to 10 years? Yeah, it could happen within the next five years, in my opinion. 1,8, 7, 7, 8, silver online, guildhallwealth.com. Last couple minutes, Darren, what are you looking for as far as the market going forward? We just cut in there, John. When silver's trading $17, $18 an ounce, people look at the stock market and they buy stocks that are trading 20 times forward earnings, 30 times forward earnings, 60 times forward earnings. Would you buy your house and pay 60 times what you think it's worth? So you've got to be realistic and look at the price of silver. Silver's trading at $17 and we're thinking maybe it can go to $150. That's not unrealistic. It's not unrealistic. What happens when inflation starts to really hit, interest rates starts to go up? If interest rates were up at 5%, 6%. I'm going back 20, 30 years ago, even 40 years ago, when I bought my first home, I think I was paying 12% interest. I think I had a second mortgage at 15%. You know, today it's 0%, 2%, 3% to buy a home. As soon as those interest rates go up, gold and silver is really going to start moving. And I think, as I said earlier, it's better to be. I don't care whether it's one week, one month, two months, too early than one day, too late. Because what happens when the market starts to rise, people say, well, I'll wait for it to come off. Guess what? It doesn't come off. It keeps on moving and moving and moving. If it wants physical product, Guildhall is the place to get it. Gold, silver, platinum, palladium, and all the different types and styles of accounts that we offer can be explained to you with a simple phone call. Just give us a call, touch base. We'll let you know how to get done. We'll wrap it there for another week, guys. One, eight, seven, seven, eight, silver is the number Guildhall wealth.com. Make sure you click on the e-store. And as well, I'll tell you one more time before we wrap for this week for the diamond purchase. Anybody who will be making that till the end of July, you'll get an immediate 10% off the purchase price back to you. It's a buyer to be placed into either gold or silver bullion TFSA or RSB account with Guildhall wealth management. 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