The Real Money Show
The Real Money Show - January 17th, 2015
And broadcasting in the chorus radio network and worldwide via the web for over six years you're listening to the Real Money Show brought to you by Guildhall Wealth Management today in studio we have the president of Guildhall Paul Wiseman and our senior analyst Darren Long as well we're all respected in the bullying community and I've been addressing and speaking with the public at large via their seminars and speaking engagements for combined 21 years. Guildhall's been helping people over the world the world over rather since what 2002 to purchase an own physical gold silver and color diamonds as well. They're a representative natural as opposed to the ones we made yesterday. Of course they're natural. You guys are not financial advisors we know that or planners and past performance of gold silver color diamonds natural color diamonds are not indicative of future performance. We always start with the phone number 18778 silver bounce over to the real money show.com get your precious metal advisor and we still have that deal happening for for January correct. Darren words is for every $5,000 a billion purchase to Guildhall E-Star you get a free one gram gold maple leaf coin and free delivery. I wanted to interrupt you there because the reason I said natural fancy colored diamonds there's a really interesting article in the rapper for this week about they're hiring 80 extra GIA diamond grading experts because of some of these diamonds that are actually out there that are man-made and are actually worthless. How do you man make a diamond squeeze the cord? Cook it up in the oven but they do but again you know they're hiring 80 extra employees to do GIA diamond grading is a very very elaborate job and actually we're proud to have on board with us my daughter Nicole who is a GIA natural fancy diamond grading expert so we're very very proud of that. Darren always start with the the update for the week how was it? Well the week is good the year is better I mean silver's up 8.9 percent as we're taping the show today on Thursday gold's up 6.6 percent on the year and against the TSX it's down 4.3 percent year to date and the Dow at last check was down 2.8 percent year to date and the very first thing we want to lead today is the onset of January has of course brought about more discussion in regards to the demand for coinage and the US Mint for 2015 silver eagle sales has started off very strong they've had 3.6 million sold in the first two reporting days of 2015 alone and the US Mints started selling gold eagles last week with 51 and a half thousand ounces reported on the first day of sales and the US Mint released these official first day sales information on the 12th of January so still with a couple of weeks left in the month and we could be on target to hit the highest January in history but again it should surprise nobody that's been a longtime listener of this show that we are making these historical moments because demand for bullion is rising so far this year the US Mint has sold 3.6 million silver eagles compared to about 56 and a half thousand gold eagles so I mean they're on their way to making a monthly record and we'll see we'll keep track of that so a good piece of information to bring everybody's attention now the big news this week of course if everybody's listening in the financial markets was the change in the pegged Swiss Frank to the euro they changed and they've taken that cap off gold is up as a result because of its safe haven status and it's dragging silver with it this could be hinting as many analysts have projected at a mass of European central bank quantitative easing program that's about to take effect now the swish national bank lobbed a huge bombshell into the global currency markets and it gave up defending basically the Swiss Frank against investors desperate for a safe haven to get away from the euro zone debt crisis and it ditched its three-year-old cap of the Swiss Frank at 1.2 against the euro this week which was imposed to stave off basically the invasion of cash seeking protection from turbulent markets and you know within seconds of course the Swiss Frank started getting pounded and of course its sent markets in a extremely strange direction you're seeing weakness in almost all currencies today against the against the open market and also the pound in the u.s. dollar to the larger currencies they're getting hit along with definitely the the yen and a couple of other currencies so this is definitely contributing to higher gold prices as people will move away from the Swiss Frank and look for alternative safe havens such as gold well you would have made a lot of money today if you own expensive gold watches because they basically up 30% today wow because the exports that from Switzerland right now are very very expensive this is going to be you know a great effect as Darren says on the gold market people are looking for a safe haven and we you know like gold we like silver we've been talking about it it's been down been hit pretty badly over the last three years but even though we're down over the last three years over the last ten years we're basically still up 400% on gold and silver so how bad the market is it's still had a pretty good return a Guildhall we sell physical product we're not into the paper game we don't sell certificates we don't sell stocks we don't sell ETFs we don't sell futures or options and futures we sell the physical metal you can buy the product you can take it home you can store it with us we have a depository which we're going to talk about a little later and we've got our e-commerce side our retail store where you can go to our website Guildhall wealth.com in the right hand corner you'll see our e-commerce store it's as easy as a click of a mouse to buy gold and silver you can buy as little as a one ounce actually we have a minimum of one hundred and hundred dollar order but you can buy one ounce maple leaves you can buy one ounce silver bars you can buy 10 ounce bars you can buy gold the same way gold maple leaves gold one ounce bars you can buy quarter half ounce maples if you want up to 10 and up to kilo gold bars so it's very very easy to get in buy it purchase it you can take it home or if you want to open up an account for the depository which is safe secure allocated segregated insured with Lloyd's in London it's a wonderful way to own product this is the time to get in when the markets are starting to move you know silver is offering of the 17 dollars an ounce gold is round about 1260 US wonderful opportunity to get in i've been buying gold and silver myself over the last few days i've been buying obviously for the last 12 years but i think this is a great great opportunity and i think you're going to make nothing but money the numbers one eight seven seven eight silver and online to the real money show dot com actually pick up the precious metal advisor which is penned by you my friend Darren i'm lucky to write that for our readers and it is something that i'm definitely 100 percent into it it's something that i highly encourage on the side note people to have if you're listening to the show right now you're new to it or you have not yet subscribed to the precious metals advisor it's a wonderful newsletter it's chalk pack full of information about the markets on a weekly basis it's laid out in a way that's easily readable and of course it includes the diamond of the week which is certainly something that has been part of the PMA for a long time but again getting back to what's happening this week i mean there's a lot of missed information out there and for every piece of information you know that's good john that they talk about in headlines bolstering the economy and taking it to new highs and getting back to those old highs there's just as much unfortunately that's happening underneath of those headlines and one of those things is that we're reading the indexes from around the different parts of the u.s the largest economy in the world and one of those things that we watch is the philly fed index and this is the factory order index out of philadelphia it's one of the mainstay readings that comes out every month on a regular basis and of course it tells us about factory activity and of course it was unfortunately the biggest miss since august of 2011 it crashed from what was a 21 year high in november to the lowest since february of 2014 and the headline was actually 6.3 at print time and they missed expectations of what they had anticipated would be 18.7 and it was following last month's drop the biggest two month drops since the leman brothers fiasco so this is telling us that the signs are not yet there the economy's approving in the u.s we're getting perhaps some strength in a lot of the minute areas that are important to the economy maybe in certain sectors or higher end homes or perhaps in lower paying jobs we're getting volume in those but in the real meaningful career positions or in the overall landscape we're not seeing those those good things develop and this is coming on the heels of also what has been the worst employment sub-index plunging since june 13 and the outlook for you know it's been slashed literally in half in a matter of 30 40 days in that particular index which is called the capex from 24.8 to 13.2 and again this is telling us that we're not seeing strength in the economy if i'm an investor i'm not in the mode of speculating like i might have when i was in the dot com era when i was in the early 2000s this is the time to take your wealth and protect it you need to use assets that are known throughout history for doing that two of those assets happen to be gold and silver and they happen to be particularly good at it and let's not forget we opened our doors up in 2002 and since that time both gold and silver have made tremendous gains despite where they've been in the last 36 months and of course we expect great things from gold and silver they have ultimately been much higher so if you invested in gold and silver in 2005 six seven eight you've made a ton of money on these two assets if you invested in uh you know 2010 even then you would have stood a good chance of still having gained money if you had an opportunity to sell and you took it you may be sitting on maybe two three times as much as you had back then already so this asset is something that's definitely recovering in in that mode of recovery as well as silver so we like gold and silver right now i think that these cheap prices are not going to stay with us i spoke with david morgan at length a couple of weeks ago and he agreed ultimately that this is uh in the 15 range for silver and around the high 11 range for gold the bottom of the market now of course nobody can say that with a hundred percent certainty but we're looking at it and we're pairing that against what the news is and again one of paul's favorite reports of the week the jobless claims and they surged above 300k which is the highest since june of 2014 again another strong economic indicator that we're not seeing that forge ahead so despite all of this money printing despite all the great expectations and the hope and despite all of the panelists that are you know brought out onto all of the big media platforms to tell you and tout their stocks and tell you that the economy is rolling over we're not seeing that in the major indices in the major indexes that are telling us whether or not there's economic growth now to add to that i wanted to bring up four charts that are important for talking about canada's economic recovery and what's happening there as well and essentially they're very simple charts that talk about the direction of the Canadian economy and again these are all reasons why i own gold and silver why i encourage people to go out and buy physical gold and silver now the first chart and this is an article that was brought out by the Deutsche Bank last week we ran it in the precious mills advisor but again it's good to get perspective on something from the outside and the first chart is the household debt to income and the amount of debt among Canadian households has really really rocketed past their incomes and it's reached a record level in the third quarter of 2014 now that compares to receding debt levels among american borrows which is very scary especially given the fact that people still think you know the u.s is recovering in the u.s they're actually starting to have less debt slowly but surely so i mean it's an amazing thing the so-called debt to income ratio is now at 162.6 percent meaning for every dollar of income a Canadian earned we collectively owed more than a dollar 62 that's far more over leveraged than u.s households are finding themselves at this point in time and that is extremely scary the average person in the state can't get credit anyway so there's less i mean they can't right i mean it's the most difficult time there's the banks don't lend money they only lend money if you don't need it that's the way it's always been and that does include mortgages right and why don't we talk about that in the next segment because there's obviously a lot of news out there with absolutely target closing seizes palace a casino right filing for chapter 11 10 billion dollars i mean lots of things happening and just got sony as well too right just heard sony today as we're taking this as well there's a there's a trifecta there you go we'll take a short break the number to start investing 1 8 7 7 8 silver online to the real money show.com and a reminder for this month for every five thousand dollars of bullion purchased at the guildhall e-star receive a free one gram gold maple leaf coin and free delivery more the real money show coming up and back out of the real money show the number to start investing is this one eight seven seven eight silver online to the real money show.com make sure while you're on the website you check out the e-store pick up the precious metal advisor and for the remainder january for every five thousand dollars of bullion purchased at the guildhall e-star receive a free one gram gold maple leaf coin and free delivery. There you go. Darren, how are you going with the update? Let's look at the four charts you were about to get into before we took the break showing Canada's economy is well not moving as fast as we thought. We did we talked about the first chart. I really don't want to get into the rest except for one in particular and that is the percentage of people that are employed in the construction industry is one of the highest in history at this point in time. It is really really crucial to understand that if the construction industry starts to slow down seven percent of our workforce is devoted to construction well that would put a huge dent in the amount of people that are unemployed and that's something that is you know not going to be able to be diversified quickly. They're not going to find new jobs and that is where our housing industry is heading. If you look at the oil numbers and what it's doing to the bird economy unfortunately their housing prices especially in Calgary are already starting to drop three, four, five percent in some areas of Calgary and Edmonton and that is just the beginning and of course we worry about contagion. Would that catch you know would would in Toronto we catch the same problem as they have there? Certainly to some extent the TSX is a resource laden oil makes up a huge part of that and of course if oil continues to stumble so do oil stocks and of course that puts pressure on people in the oil industry in general and the money that's surrounding it so we are seeing that as one of the major concerns there and of course so much news coming through the wire this week and of course we just got a report that Sony is beginning to shut down operations retail or retail stores in Canada you gave us that news John thank you for that and of course that's scary but you know same day's target right they announced about 133 stores 17,000 people out of work yeah 17,000 people out of work scary man it is scary but I mean it just goes to show you that we aren't just looking for the deals and sometimes Paul in saying what's cheap is expensive it's the best saying you know I've ever heard because it's totally true yeah total misstep on their their part for what everybody's saying not the American experience they they expect it when the store opened here and the results is no money and 17,600 people are going to be out of work right yeah but also if you look at the states and you know they say they created X amount of jobs you know they're part-time jobs especially in the retail industry and if we look now I mean layoffs are hidden the oil patch the worst is yet to come this is in Forbes magazine today you've got target closing 130 stores how many people work in each store so multiply that out you're talking about the Sony retail stores they're closing Caesar's Palace in the states today have filed for chapter 11 for 10 billion dollars crazy that's protection against the creditors overextended you know Caesar's Palace as an example relies on the player that's supposed to play for fun the little old lady and you know with a pension with a hundred dollars they look for that type of client it's a legend David decades in Vegas legendary man right and they just are not getting the people coming you know 86 percent of the people go to Las Vegas for example don't gamble for sure they got 14 percent left over and the large players there's too many places to go to spend your money but let's look at you know the other places as well they're laying off I think bombardier said they were going to lay off almost a thousand people the markets are not getting any better and when you look at the US dollar against the Canadian dollar you know we're around 119 120 you know when it comes to the winter we import a lot of food we don't grow too many oranges in Ontario or fairs or bananas you know I mean everything's imported and it's trickling down just because oil prices or gasoline or the pump is 88.90 you really you know so you may save you know a few dollars you know by on your fill-ups but you're paying more for your groceries you're paying more for every imported item that comes whether it comes from the state so whether it comes from China you're still paying the tariffs you're still paying that extra because everything is traded to whether it doesn't matter to the states whether it's to China it's all in US dollars so it has to be converted so there's a problem we feel in these turbulent times and I think turbulent times are coming I think the Dow is going to take a bit of a hit it's starting to come off for the first month of the year it's had you know quite a few losing days gold is moving up silver is moving up we love gold and silver that's our business we are bullion dealers we don't deal in paper we don't deal in ETFs or certificates stocks mining stocks we don't deal in futures or options on futures we deal with a physical product a guild hall you can buy whether you want to buy one ounce 10 ounce hundred ounce bars a silver whether you want to buy one ounce 10 ounce kilo bars of gold it's available for you if you would like to take it home you can go to our website it's guildhallwealth.com in the right hand corner you'll see an e-commerce site it's as easy as a click of a mouse to go on find the product you're looking for you can have it delivered to you or you can have it picked up or you can pick it up or if you want to open an account to put your metal in a depository I don't tell people to take product home you know there are home invasions I don't keep you know a dollar's worth of silver or gold at home it's in the depository it's in safe secure alligator segregated and insured with Lloyd's in London I can sleep at night I don't have to worry about someone knocking on the door to come try to rob me or a home invasion there's nothing there for you to get guys anyway it's a safe investment gold and silver looks like it's about to turn we've had three and a half years of going basically sideways because of the easy money that's gone come from the states in quantitative easing but it's gone to Wall Street it's gone to the banks and if you start looking today at the Dow and you look at the the bank stocks who got all the money they got all the money from from the Fed and for whoever else it was cheap they're all not making they're not meeting their mark of the street they've all fell behind and it's going to get tougher and tougher for the banks to make money especially in the states considering they don't even lend anybody they only lend the people that have the security or their own and so it's an interesting concept but this is a great great time if you want information about our depository just call us you can go to John I'll give out the numbers if you want an investing kit we will send it to you if you need the precious metal you don't need you should get the precious metal advisor it's full of information on what's happening in the market Darren writes the article every week the main article but we also put other articles from other people not just our opinion but other people that we respect in the marketplace as well as telling you about investing in natural fancy color diamonds it's a great opportunity today to get into the market to own gold silver and natural fancy color diamonds I've been a collector and an investor for a long long time I always tell the story and I'm going to tell it once again I have two grandkids one's eight one six every birthday I give them an ounce of gold I've been doing this for eight years the first ounce of gold I gave my grand daughter gold was at $500 you know three years ago it was as high as $1,900 but even if we looked today at $1,260 over eight years from $500 to the price today at $1,260 the kids are still better off than me giving them $500 on their birthday of course it's a great great investment in the same time if you look at investing in gold you know if you go to the shows CNBC BNN you know they always talk about there's no value in gold it doesn't give you dividends well let me tell you something in you know 40 years ago you could have bought a single family home in Toronto for about $40,000 today that single family home is worth $400,000 but gold was trading at $35 an ounce back then and it would have took 257 ounces of gold to buy that home that 257 ounces of gold it has worth about a million three the house is worth 400,000 so again you know if you're an investor or you have investments in second homes that you rent out you don't have to run around with a plunger you don't have to worry about tenants gold is a hard asset it's been a hard asset for over 5,000 years you know when galleons go down in the sea you know they're still looking for that gold and silver Spanish galleons in World War II when the boats went down ships went down from England going across to Europe with payroll for the soldiers they were in paper notes nobody dies for paper notes so it's common sense it's a great time to buy gold and silver if you're looking you know to put your kids through school as well you're looking for retirement this is the time to put a put away every month something in a gold and silver cost average every month doesn't matter whether silver's $17 this week and it's $18 next week or it goes to $50 if you buy an average every month you're going to do extremely well and you should have 15 to 20 percent of gold and silver in your portfolio just as protection you have life insurance have health insurance home insurance car insurance why not have some insurance on your capital and the best way to do that is own gold and silver 18778 silver is the number Paul is talking about in online to the real moneyshow.com do you think it's a fact that people just don't know the facts i think it is i think it is the problem people don't know the facts because they're too busy john they have everyday lives that take them to work nine of five families and who really sits down and takes a look at the financial landscape and tries to determine the best route for their family they pay somebody else to do it or they don't do it at all and that's the problem with a lot of families these days they may have cash in the bank but they don't know what to do with it and part of that process of education start with understanding the facts and i mean if you look at Canada look i'll be the first to admit we've enjoyed a huge many for many years a huge global commodities boom and we are now finding ourselves contending with a market full of debt and inflated housing prices and i say that because we're looking at these safe havens of gold silver and color diamonds as only one group of alternatives there are others out there but these should make up part of your portfolio now not in five months from now not in two years from now when you get around to actually doing it you should sit down with a company that you're comfortable with whether it's guild hall or not and you should really think seriously about adding these type of assets to your portfolio i mean if you look just south of the border for all the hype about jobs and the booming GDP in the economy the major portion of the retailer calendar around christmas was a total bust and in many ways it was worse than last year which emphasizes simply how the business cycle as it was understood in textbook economics it no longer applies john and that's part of the reason why people become lazy if they can't see it for themselves they don't want to bother to take the time and i appreciate that i'm guilty of it as i'm sure paul and everybody else here at our show is but the u.s. economy indeed the global economy as there are really no idiosyncrasies in the globally financialized world remains stubbornly captured by attrition and that's a problem because if you look at retail sales excluding autos they were barely three percent in december and who would have thought that with all the hype around the line-ups and you know the the special holidays during the rest right and this and that i can't tell you how many emails i got over the christmas season telling me about a sale it's on a one day two hour five days six day one week you know the black friday the whole nine year six a.m. opening and what did it do still about half of what should mark the floor for an actual economic expansion is is all we're getting we're getting about three percent in retail sales growth when we should be getting about six just as the floor then we can talk about the economy expanding and if you take it as a unified calendar event the core of christmas shopping subtracting both let's say food sales and autos it was the third worst of this century meaning 2014's holiday season was only better than the two recession years so far in you know this millennia so it doesn't surprise me that people are fooled by this they see all these big huge box stores with sales and they think things are going great but the reality is you have to look to protect yourself and the fastest way to do that the easiest way and the way that's been known throughout the longest term in history is to have gold and silver and now colored diamonds in your portfolio the way to get them is one eight seven seven eight silver that's the first phone call and then uh bounce over the real money show.com make sure you take advantage of that sign up for the precious metal advisor get the advisor kits and a reminder as well for every five thousand dollars of bullion purchased at the guild hall east store receive a free one gram gold me belief coin and free delivery will take a quick break and get into natural fancy colored diamonds on the real money show next and back with more of the real money show the number is one eight seven seven eight silver online the real money show.com get the precious metal advisor the investor kit and also for every five thousand dollars of bullion purchased at the guild hall east store receive a free one gram gold me belief coin and free delivery for the remainder of this month let's talk diamonds Darren love the diamonds love the colored diamonds for good reason john they're money makers and that's uh what i love most about them to each their own paul talks about the luxuriousness of of owning a colored diamond and the beauty and the passion that goes into buying them how each one is like a family member i love making money john and when i think of colored diamonds it's exactly where my headspace is i use them to make money now this week we sent out the precious metals advisor in it we highlighted a diamond of the week we're going to talk entry level here for a minute it's a 1.01 karat fancy yellow internally flawless cushion it is the starting point for any investor if you are looking this get your foot wet and try something in colored diamonds and you have a limited budget this is the starting points ten thousand nine hundred ninety five dollars canadian it is a fancy yellow has good color it's internally flawless so clarity is impeccable and this is the type of diamond which over the next six to eight years will double in price and again this is something that's easy to acquire it's a beautiful starting point and of course this could mark your very first yellow moving on to pink and so on but the thing you have to realize we are pricing our diamonds in canadian dollars we purchase in us dollars so if that diamond you know sits on the website whether it's six months or a year if it doesn't sell just in currency alone the currency right now is 1.20 it's up 20 so that diamond is 10 nine nine five canadian in theory it should be around about twelve thousand dollars to thirteen thousand dollars just on the basis of the currency in the last two months we're up five percent alone you know in in october we were at one fourteen one fifteen now we're at one nineteen one twenty so you can see we haven't changed our prices you know if it's on the website we've paid for it it's up there you you're going to take advantage of unbelievable pricing now every diamond that we have is a spectacular diamond we go out of our way to buy incredible diamonds that are the best of the best you know if we buy a diamond it has to meet all the specifications first of all the first thing that we look at is color it has to be evenly saturated with color if it's a yellow if it's a fancy it has to be even the same with an intense which is a stronger color and a vivid which is even a deeper deeper color it has to be evenly saturated the next thing we look at is the cut of the diamond now when we look at cuts we in especially natural fancy color diamonds you tend to go with cushions radiance for the simple reason emerald cuts because they give off the fire and the scintillation in the in the stone the make of the diamond the more the facets that are cut in such a way that you see amazing colors just you look at the diamond you just turn it just slightly and colors just fly off of it so color is really important and and the cut the next thing we look at is the clarity now we try to go out and buy internally flawless that means there's no inclusions in the diamond especially in yellows in pinks it's extremely hard to find diamonds of pink quality internally flawless because they just don't come out of the ground that way they come with inclusions but we sell just a second we'll call it secondary we sell vs quality which is so hard to find in pinks but that's all we carry we don't carry si one or si two or i one in our opinion they're not in they're not investment grades and they won't go up as fast as an internally flawless or a vs in an algao pink so we do that the next thing is the carrot way when you're buying for example yellow diamond you have to buy a minimum of a carrot and the reason is those are the diamonds that resell easily in the future they're in great demand i'm having the toughest time right now finding vivid internally flawless from a carrot size to a carrot 49 impossible to find and the prices have gone through the roof i'm paying 20 and 30 percent more today than i was paying six months ago and there's a difference of 20 cents on the dollar 20 percent on the dollar so they're up almost 50 percent just on the difference of the dollar and the uniqueness of trying to find a vivid internally flawless so our collection we you know i'm proud to say we probably have more internally flawless yellow diamonds than anybody in the world up on our website they're available every diamond we own they're available to you there's no bait and switch we don't show you a diamond say oh we don't have this diamond or whatever so it's really really important that the diamond you see the diamond you know when you're buying a diamond the diamond actually chooses you you really don't choose a diamond that's what happens when you're buying every diamond that we have and we sell comes with a gia which is a gemology institute of american i spoke briefly in the first segment about how gia is hiring about 80 new gemologists just to do their diamond grading because you know color diamonds are becoming people who are aware out there and you know people want this quality and the reason that you have to have a gia is that you know there are some man-made diamonds out there so when you're getting a diamond you want to be able to know that you're getting the best quality and that this is a natural fancy colored diamond it hasn't been enabled in any way shape or form if you're looking to retire if you're looking to put your kids through score whether it's 10 15 years down the road natural fancy colored diamonds since they've been keeping records over the last 40 years have never ever dropped in value they tend to double every four to five years and when i say every 45 years it all depends what type of diamond you're buying for example if you were buying a red which is almost impossible to find and we do have a red that we're going to be bringing to our clients it's a 0.48 pear shape it's a vs fancy which again is extremely rare this is diamond in actual fact is doubled in price in the last two years blues very very hard to find when we do find a blue of internally flawless we sell them pretty quick and blue diamonds tends as well to double every two to three years but you're going to put out a lot of money you know for a one-carat vivid internally flawless you're going to pay anywhere from six to seven hundred thousand dollars a carat maybe even more if you can find one to find a one carat red in a vs quality you're paying anywhere from 1.8 million to 2.3 million today vivid yellows you know 10 years ago we were selling a one carat you could have bought a vivid for around about 14 15 thousand dollars today you're looking anywhere from 38 to 45 thousand dollars a carat that is a great great investment and it's something that's going to keep on going up in value there is no new diamond mines coming on site you know 30 years ago China wasn't booming India wasn't booming today they want what we have in the west and they pay 20 30 percent more i go to China on a regular basis i'll be there in september to the jewellery show and i look to buy stones and every whether it's rough diamonds for us to recut or get recut for us or to buy cut stones finish directly from the cutters and polishers we are being outbid in last year's tender and you know which is the argyle tender in for pink diamonds they put out about 55 of their best diamonds every year into a tender and it starts off in Perth Australia because they are you know the mines in western Australia it goes to Hong Kong and this year it went to London occasionally it goes to New York you are invited to bid on this tender you know in 2012 we were fortunate enough to get three diamonds in 2013 we bid 30 percent more than we did the previous year we never got anything and last year with my partners we bid ridiculous prices and out of the 55 diamonds this year that went into the tender i think there was only eight that were vs quality we have up on our website right now argyles and i think we've got four argyle pinks all vs quality so it just shows you how rare and these diamonds are just going up every three years they're virtually doubling we can't find vs quality argyle pinks we have we deal with you know people that deal directly with argyle with the mine and they're always looking for us because they know that's all the quality that we sell you know people send me every single day i get emails for diamonds i turned down hundreds of diamonds on a weekly basis because they don't meet our criteria somebody else is buying those diamonds you need to know what you're doing one of the things we offer you my daughter nicole uh she wrote a 10 step guide of how to buy a natural fancy colored diamond if you would like the 10 step guide please call us we'll be happy to send you a hard copy or email it out to you if it will help you make your decision we buy the best for the simple reason that somewhere down the road whether it's five years 10 years 15 years you're going to bring that diamond back to us i don't want to sell and i'm going to be a little rude i don't want to sell a piece of crap because if i have to sell it once and then try to sell it twice is really tough you know you can deal and talk to people that sell diamonds and colored diamonds and the question you have to ask them do you resell will you take the diamonds back and most people will tell you we sell diamonds we don't take them back a guild hole we will take back the diamonds to resell and we will take them through a process of sending them to you know memoing uh to all of our clients the diamond emailing campaign sending hard copies advertising it on the radio advertising it through different types of media and we will help you sell that diamond there's a fee that you will incur of 10% of the value of the diamond but let me tell you if you buy a diamond for $50,000 and hold on for an algal ping for maybe seven 10 years and you can get a hundred and fifty two hundred thousand dollars you'll be happy to pay the 10% to me and we will be happy to get that diamond back to have the opportunity to resell something that's so spectacular and you mentioned that the argon mine is set to close it's not going to be enough for a 2018 even now the diamonds are getting smaller the quality is not as good because you know when it first opened it was picking you know the low fruit today it's not happening they've got to go deeper and deeper and it's and it's more expensive and the quality is not there so you know even in our business we find that you know some of the dealers we deal with they're amazing they buy or they've cut and polished diamonds and what they're doing is they're taking the vivid and they're putting them to the back of the safe because they're thinking why should i sell it to you when i can just put it in the back of the safe i can make 20 to 30 percent a year and i'll bring it out in four five years and i'll double or triple my money that's how they're thinking and the only time they want to sell something is when they have to pay the rent or they're buying new products that's all that's when they you know tend to sell something but we're not getting people calling us with high high quality we get people calling us trying to sell product that we just would not buy so if you go to our collection go to Guildhall Diamonds you'll see an unbelievable selection of yellows internally flawless from fancy intense to vivid look at our pink section and look at our blue greens blue greens to me are the next blues and next reds they're extremely hard to find they are beautiful they're aqua color aqua marine they're just stunning and these are the type of investments we'll only make you money one eight seven seven eight silver and online to the real money show dot com or guildhall diamonds dot com make sure when you stop by get yourself the precious metals advisor grabbing an end uh the investor kit and the 10 step buying guide for purchasing a natural fancy color diamond more of the real money show coming up and back into the real money show the number is one eight seven seven eight silver and the real money show dot com since we're talking about diamonds you go to guildhall diamonds dot com as well pick up the precious metal advisor the investor kits and once again for the remainder of this month for every five thousand dollars of bullion purchased at the guildhall east door receive a free one gram gold maple leaf coin and free delivery check it out back into diamonds ball lovely yeah it was an interesting uh weaker you know the golden globes uh was on the weekend and uh on the red carpet there was uh actresses like alison journey and uh kate beckon cell or wearing uh diamonds um alison was wearing a beautiful bracelet and ring which was a a natural fancy color yellow some of the other actresses were wearing uh dripping in champagne color right uh rings or earrings or whatever i just you know like to tell people just because white and brown diamonds were on the red carpet uh this season it doesn't mean that the trend is or this is where the investments lie um you shouldn't be fooled by companies selling brown diamonds otherwise known as cognac or chocolate or champagne i love the way they come over the names yeah they're all foods and beverages yes um but they're not rare there's an abundance of brown diamonds in actual fact Rio tinto that owns uh the argon mine had so many of these brown diamonds um they came up with an unbelievable marketing scheme i mean they were worth about fifteen dollars a carat so kids are playing tiddling links with them in the streets yes they're really no value but they decided to start marketing them cutting and polishing them there is no value it's the same as black diamonds people or black diamonds are so rare it's a piece of coal it's all you know it's no value what so you need to get into a natural fancy color diamond and this is where you know the gia comes in as as i said earlier that you know they're bringing on actually since 2013 they're brought on 130 diamond graders into the market and the reason for that is that you want to get a gia and the gia will tell you everything about the diamond the dimensions the color if it's a color diamond the table size the depth and you want to know that you're getting a natural untreated diamond right that's the most important thing because they're extremely rare you know these diamonds you know you can't turn on a faucet or a tab or whatever it is and produce a natural fancy color diamonds they were formed billions of years ago um you know they just it's not something that you can just manufacture overnight to cut and polish a diamond it takes for an exquisite diamond about 17 people handle that diamond from the time the diamond gets to the first cutter that's going to cleave it and look in or just put a tiny facet to look into the diamond to figure out what time a cut that diamond is going to be to the polisher to you know all the way down to what till it finally gets to a retailer we're a second tier wholesaler and because we do directly with cutters and polishers we don't deal with a middleman we're dealing direct so what we bring to you is the finest quality every diamond as I said comes with a gia and we also give you an independent appraisal and that's just to get an idea of what's happening in the marketplace that you can see you know every year we produce a new appraisal for our clients there's a small cost to do that but we produce an appraisal from an independent appraisal to show how much the diamonds have increased and they are increasing and especially right now with the currency where the dollar our Canadian dollar is a dollar 20 against a US dollar and every diamond that we buy at Guildhall is purchased in the diamond market with US dollars so this is you know if you go to our website you're going to see an incredible collection of yellows pinks blues blue-green diamonds that our investment grade and we say investment grade the type of diamonds we sell yellows as much as possible we buy internally flawless but sometimes I will buy a VS quality in a vivid on color alone if the color is just incredible I'm not worried so much about the clarity I'm more worried about the color than the clarity or even you know the cut but the color is the most important thing so Guildhall you know we sell the best if you were going to buy a Rolls Royce you're not going to buy Rolls Royce with a dent in scratching it a brand new one you want the best that money can buy you know do you want a Ferrari with a big scratch down the side definitely lot you want to show off what you've got we also give you the opportunity you buy a diamond as an investment but you may decide you want to wear it we have a desire wealth to wear and we have a designer that we work with we produce the most beautiful pieces of jewelry whether it's rings whether it's pendants whether it's earrings if you're fortunate enough to Valentine's Day coming up we've got actually it should be in our hope next week we have a 0.46 Argyle pink heart-shaped diamond it's an incredible diamond and it's going to be up on the website next week and that's going to make somebody the most beautiful Valentine Day's present one eight seven seven eight silver and the real money show dot com down let's go back and wrap up the week talk about metals a little more the forecast for 2015 what you think you're okay we were talking about in the second segment facts versus spheres in 2015 gold forecasts are the best way to put those aside now in the mainstream media coverage last year gold was largely either ignored or despised and I would say there was one winner in particular I dug up a quote from the chief economist for city group named Willem Buter and he labeled gold shiny bitcoin and said no bank should hold it in reserves and of course of course he's going to know better than every central bank around the world but all the same given the pervasiveness of such views I feel it's really important to provide some equilibrium so what I did here was I got an article that talks a little bit about what some of the major analysts are saying about gold from last year and into this year and we'll start with Jim Rogers he's a billionaire and a co-founder of the sorrows quantum fun he's outspoken person a lot of people do know him he publicly said he thinks there's going to be financial chaos over the next 10 years and he's not sure whether that will be in the form of monetary disaster or war but he thinks that it is highly likely that there's going to be turmoil and it could come from a gigantic debt problem and if it does happen he's going to say that this wave of turmoil will likely take gold substantially higher and we're not talking about gold at 18 or 19 or 2000 an ounce no we're talking about seeing gold move up to the likes of 3500 5000 an ounce and higher than that and again it's something that has been called for by many analysts prior to this happening and he confirmed that he's not going to be selling any of his gold in 2015 another individual that people are probably very familiar with Steve Forbes of Forbes magazine he's a chairman and editor of Forbes Media Group and he came out with a candid endorsement of bringing back gold as legal tender and I quote he said a weak US dollar is a threat to the global economy and the only way to stop the greenbacks decline is to reintroduce a gold standard now in all likelihood that's very impossible to do considering how many actual dollars are out there floating around versus how many ounces or is there a lot of gold you have to come to skydoll the gold and then bring they did it before yeah and he said that you know different currency valuation methods have been tried for more than 4000 years and experienced shows that having a gold standard has been the only way that an economy has thrived and remained consistent for long periods of time in addition to his thoughts I mean there are others Marc Faber who we had you know as on this show he was talking about and reminds us that while gold has been a miserable former since 2011 it's up more than four times since the late 1990s gold has done hasn't done that badly he says and and it has done actually better than stocks and he said I'm not a profit but I'm telling you I want to own some gold because I don't trust the financial system anymore and that's really what these analysts are saying and we've had on the show absolutely says gold is for my you know he doesn't sell his gold gold is for my golden years for my retirement and that's the smart thinking and these you know these are not gold bugs that run around with gas masks and you know bottles of water in their basement and the tin foil hours yeah can just spam or whatever it doesn't happen these are smart people that make a lot of money in the markets trendsetters and in actual fact I think we have David Morgan on the show next week don't yes we do next week yes if you're listening please do tune in we're going to run a show with David Morgan and we're excited to have him because of all the people that we've spoken with and in particular myself David Morgan seems to have his head on very straight and he does certainly not make the mistake of prognasticating too far ahead of himself he just basically says these are quality assets and it is the time to buy and he's pretty certain that the bottom is in in both gold and silver so while we look ahead at the year there's a lot more happening and of course we're still in January the prices are still cheap if you're a buyer of gold and silver or new to this market and you're wondering what the next steps are go ahead and shop around that's the first start know what you want to buy ahead of time find out the value in buying bars versus coins and these are all things that can be accomplished by connecting with us at Guildhall but of course don't take our word for it shop the price around and what you'll find like I did yesterday with the caller that called into our office he had shopped around to some 20 places both by phone and by internet and found that our gold coins for some reason were as much as 50 dollars less per gold coin than other purveyors and again that's just an easy purchase to make and it couldn't be simpler if you're looking to take some product home very easy to do you can start with coins or one ounce bars in gold in silver the same thing there are smaller denominations in gold and there are larger but in silver most common form are the silver maples if you're taking them home or the one ounce in 10 ounce bars if you're looking to open up a depository account in silver and gold I would suggest considering an equal portion on both or maybe a 70 30 60 40 split if you're taking gold it might be smart to do so in one ounce increments and in silver and hundred ounce bars if you're looking at storing larger amounts we've actually got a very large shipment coming in and they're very very hard to find is the 10 ounce silver Royal Canadian MIMBA from waiting for those in November well we've had a no a huge order in since November the six we actually ran out of stock I think on December the 28th we had a huge amount we sold everyone that we had and we had we've got lots of orders in but they're coming in on Friday or Monday so that's a great great buy is the 10 ounce silver bar royal men everybody loves it because the bars numbered as well and this is one of the things that we do for the depository where you can put your product into the depository we give you the bar numbers that product is titled to you nobody can sell touch do anything with that product you want to visit the depository we set up a visitation for you all we need is 24 hours notice and they will bring out your product show you your product if you put a scratch on a one ounce maple that's the maple that you're going to get back that's in a segregated allocated and if you buy five thousand dollars worth of metal us us us you will receive from us a one gram maple and if you're a couple of dollars short we'll still give you the you know the one gram but it's that's what we do we look after our clients services number one we service our clients to death and the last thing I want to do is talk quickly about how much we have going into paper versus physical remember if you're an investor you're looking to buy in a golden silver the most common thing to do is buy it in paper form it's the wrong way to invest I'm going to spend some time in a couple of upcoming shows dealing with this talking about the statistics but alarmingly 97 percent of purchases in gold and silver are still being completed via paper so this is something to avoid you want the physical take it out of the market don't allow anybody else to own it well it's like the same thing somebody said how do I know that you've got the gold silver as it come in let me drop a hundred ounce power in your foot you'll feel it you'll feel it good one this week boys we'll take it from there uh one eight seven seven eight silver is the number to start investing bounce over the real money show dot com and start there as well this has been the real money show he's an exceptional assassin to celebrate the thrilling new series the day of the jackal showcase and stack tv are giving one lucky viewer the chance to win a trip to london england police all over europe are looking for him let's go ahead over to our instagram and see the contest posed for details on how to enter i like to win good one and watch the new series the day of the jackal premiering thursday november 14th only on showcase stream on stack tv