The Real Money Show
The Real Money Show - September 6th, 2014
in the course radio network and worldwide via the web for over six years. You are listening to the Real Money Show brought to you by Guild Hall Wealth Management today in studio. We have the president of Guild Hall, Paul Wiseman as well. Vice President Jeremy Wiseman and our senior analyst Darren Long. All these fellows well respected in the bullying community and have been addressing and speaking with the public at large via their seminars and speaking engagements for a combined 21 years. And Guild Hall has been helping people out of the world over since 2002 purchase and own physical gold silver and colored diamonds. The representatives of Guild Hall are not financial advisors or planners in past performance of gold silver or colored diamonds is not indicative of future performance. The number to call investment package is waiting for you to get signed up for the precious metals advisor. Absolutely free. It's one eight seven seven eight silver or go to the website, therealmoneyshow.com. Hi guys. How you doing, John? Good, man. How are you? Excellent. It's been an interesting week for medals. Big time. It was. It is one of those weeks where as a avid follower, the price of gold and silver, as we all are, as gentlemen here, it's hard to imagine the average investor paying attention and continuing to pay attention to the markets of gold and silver, especially when it's seemingly been a very long time. And I will, as I had this conversation with Jeremy just a little earlier today and yesterday we're talking with it as well, tell everybody right now that we are definitely warming up to gold again as we speak this week in particular. Silver has been one of those metals which has been oversold for so long and it's really in the grand scheme of things. We have spent so much time delving into the particular fundamentals that have driven silver and gold as high as they've been in the past. But in particular this week, gold is something that we are going to talk about. Now, I will say this. I have never given up on gold nor have Paul and Jeremy and the rest of our firm. It's just that we know a lot of investors want the quick fix. They want to be in a market, they're making money in immediately and they want to be able to feel confident that they made the right decision. And I would not hold it against any single investor if they've grown bored or simply lost sight of the market of gold and silver. I mean, let's face it, with the bear market in bullion about to get it to the end of the year. It's four-year. Who could be blamed for losing this interest? Gold has looked so poor for so long that every time it rallied, literally every time it rallied, we would get that nagging feeling as probably most investors did in particular over the last couple of years that it's about to be slapped for the umpteenth time back down. And that's been the case. But why you would ask as a listener, have we had this change about to take off? As soon as late September or or early October, there is evidence for anyone who cares to look. For one, bullion continues to hit marginal new lows, but without breaking down. We haven't seen a significant pullback in either metal in some time. And relis have been fleeting, followed by slumps that continue to wear down even gold's most loyal followers. That is very typical of a market just prior to it taking off. These are the types of things we see most telling of all. And we don't talk about them a lot. And as you pointed out, John, in the beginning of the show, we are not financial analysts or planners. But mining shares have shown increasing reluctance to give ground on days when demand for physical is very weak. So this is a telltale sign. If you look back at these things are happening. Now this all adds up to a bigger picture and it tells us that the signs of a bottom may not be just a little bit more here over the next few days before they take off. Likewise, I've been looking for at least somewhat lower lows in the comics gold and silver in New York as well as in some widely watched mining stocks and we've seen them. But in the broader picture of precious metals sector, it's very quiet. There is not a lot of growing sentiment and this is where the particular best relis have always started from. And we could ask this question. Do we see the prices of silver or gold going down any further before we see the market move up in in analyst terms in the blogosphere and articles out there. They'll call that the final washout because what we've been experiencing certainly is people get tired investors get tired of seeing the market start to rally and then it pulls back again and we saw this very similar type of effect happen in 2010 where the market was trading for over eight months between 17 and 1950 by the time it finally reached over twenty dollars. Those who'd been through that back and forth pretty much gave up didn't want to take part of that rally by the time they turned around the price was twenty nine and you're simply saying goodbye to a missed opportunity. Metal fatigue. Well, they're actually what's going on as I mean people are allowed to sleep. I bought gold and silver myself yesterday and I bought some more today. I think it's an unbelievable price. There is nothing has changed in the world. There's still a problem in Ukraine with Russia. There's still a problem in Gaza. There's still a problem in African countries whether you go, you know, to Syria or to Sudan. I mean, you know, nothing has changed yet. Gold and silver has basically done nothing and the stock market keeps going up and up and up. You know, the Europeans came out this morning. They've lowered the interest rate as something like zero, zero, five, which means the, you know, the banks are not paying out nothing in interest. They're being forced to lend money and they don't want to lend money to the public. They don't want to take any risk. They know there's risk out there. And when you look at the stock market that keeps them going up and up, nothing goes up in a straight line. There has to be some type of correction and I think the stock market is going to get corrected and gold and silver is going to shoot up. I love these prices. You know, at Guildhall, we sell physical gold, silver, platinum and palladium. We've been telling people we love palladium and palladium, you know, has done extremely well. Gold and silver have really done nothing for three years. Yep, we're up about four, four, five percent on the year on gold. You know, we're down to 30% from its high in May of 2011 of nineteen hundred and thirty dollars. Do I believe that nineteen hundred and thirty is going to take out, be taken out? I'd certainly do and I think this is a great opportunity to buy physical product. Whether you buy physical, take it home for immediate delivery or buy it, put it into our depository, which is safe, secure. The product is allocated. It's segregated for you. We even give you the bar numbers. This is a great way to own gold and silver and you can sell on a phone call. And the third option we offer is also financing on precious metals. But this is a great time call for, you know, information package, how to open an account. One eight seven seven eight silver is that number Paul is talking about or online as well for more information the real money show dot com. Yeah, we do get asked is the, can the price fall down? Can it be washed out one more time before the market moves up? And look, ultimately, what you're looking at is unless speculators get put into the rush of the market moving down if there can be some momentum to that, that, that sphere, it would be purely speculative at this point. We're looking at silver trading near its cost of production. We're already at well oversold levels. We've been in this range for quite some time. So we do believe that if the market did go down, you're looking maybe a dollar down as far as major support would be. And in that sense, do you, if you're looking for an opportunity to get into the market, are you really going to put all of your eggs into the basket of I'm going to wait for one dollar down and miss potentially ten, fifteen, twenty dollars or more in the next rally to the upside. You really want to think about that. So what we would recommend in most cases is if you're really waiting, if you're really persistent that you think the price of silver could drop a dollar, well, maybe it's a good, maybe it's good to hedge your bets by half of what you're looking to start with and hold back some funds in case the market did come off. But again, in our, in our opinion, a dollar down is, is, is really pennies to the down and dollars to the up here. Well, it's really, really hard to fish the bottom. I mean, that's the whole problem. I mean, if we're trading at nineteen dollars and change for silver, do we think it can go down a dollar, as Jeremy said? It may not go. We may see a jump up of a dollar, two, three dollars. There is so much geopolitical problems going on. It's only going to take one action of something to happen and you're going to see gold and silver spike immediately. Oil prices have come off below a hundred dollars. You know, Brent is trading just about 102. American oil is trading around about ninety five dollars a barrel. Something can happen really to move these prices up very, very quickly. And I believe, as I said, the stock market is trading at an all-time high. Nothing goes up in a straight line. It's not a rocket ship. What goes up has to come down and when it does come down, it's going to come down with a thud. It's better to be one month, one week, two weeks too early than one day too late. Silver's trading at nineteen dollars, gold in the twelve sixty range. Unbelievable prices, unbelievable opportunity to get in and make money in these markets. One eight seven seven eight silver in the real money show dot com. Jeremy, tell me more. I just want to make it very clear that we never take for granted the fact that listeners have to hear sometimes the same discussion week after week about the fundamentals of the gold and silver market. Now, that being said, having been through the last three, four years since we've seen the peaks in both gold and silver, that's how bull markets actually start. First, the bear breaks the spirit even the most steadfast investors. And we have them at our firm. Believe it or not, in the period of time that we've been open, we have investors that were buying in the four dollar range for silver in two hundred and fifty dollar range for gold. And they're still with us to this day buying and watching these markets who have also participated in the greatest of rallies when gold hit above nineteen hundred and silver hit above forty nine dollars an ounce. But when this bear happens and it's happened over the last three, four years, it breaks the spirit of the investor. It's very hard to justify, keep pumping money into a market if it's not rising. But in reality, that's when these bull markets take off. This is a dirge is invariably punctuated by strong rallies. And we always get raised hopes in between. But before we get to that point where the market takes off, it dashes our hopes and the market pulls back again. Now, nobody said it would be easy to make money. But the ones that stay the longest, the ones that are most disciplined usually end up making the most. And when the inevitable bear rallies come to an end, investors that are buying these undervalued assets walk away laughing because they end up having something that accumulates in value very fast. I think everyone is looking for an investment with value. If you're looking at the stock market, we're seeing time and time again on major networks that people are saying this market's looking very toppy at this point, that it's very heated. Even George Soros doubled down and has put in over $2 billion of puts against the S&P. That is a big, big bet against the stock markets in the United States. I think you need to think about that in terms of following the smart money. Why is he doing that? Think about that. And just as Darren was saying, one of the reasons why investing for the long term or having gold in silver as the bedrock in your portfolio or as a hedge in your portfolio as portfolio insurance is because in the long term it's done its job. If you think about even in the 20s, gold was trading at $20 an ounce and it was trading at $1 to $1 to the US dollar. That was a $20 bill. Imagine what you can buy with a $20 bill today in gold trading at just shy of $1,300 an ounce and it's still incredibly undervalued against the debts. How do you know it's undervalued against the debts? Look at the amount of currency that's out there. Look at the debts. The debt in the US is over 17 trillion. They haven't passed a budget and who knows how long and they keep creating more and more money. You don't need gold to go up to make it the barometer of the health of the US dollar. You need to defend against declining currencies. It's one of our key fundamental cornerstones of this market. So when you're doing your own research, think about that and think about how much more gold and silver could go up. So, Darren, what do you do? Well, you keep it simple. You start with something small. If you're a silver investor, you like silver, 100 ounce bars. Perfect way to get into the market. Start by accumulating 100 ounce bar after 100 ounce bar, maybe one or two a month. Something small. If you're a gold investor, you like gold, perhaps start with one ounce bars of gold. Maybe if you like to start, you're a bit of a larger investor and you need a starting point at 10 ounce bar of gold. Either way, that option is available for you as an investor with Guildhall. It's physical. It can be stored. It can be bought and sold on a phone call. And this is the reality we're dealing with. A stock market that is potentially going to break down sooner or later. Highs after highs after highs cannot be maintained. A world which is on the cusp of big changes in terms of geopolitical instability. And when the market does change and when gold and silver become the go-to investments once again and they will, you don't want to miss that opportunity because it's going to be fast and furious. If you're in there now, you can sit back, relax, and let yourself enjoy the investment. So, get out the fence before you get splinters. The number to start calling 18778 silver and the real money show dot com. If you recall last week, we were talking about yellow diamonds this week, guys. We're going to go flip over and concentrate on the pink diamonds, right? So we'll do that again. That number is 18778 silver and the real money show dot com. Let's get into this, guys. Last week, we talked about yellow diamonds right here. The number to call, by the way, 1866-274-9570 Guildhall diamonds dot com. The yellows are phenomenal. Jeremy won a bounce over to pinks this week. Right. Last week, we were saying that yellows were the new pink because they were a little more easily accessible than the pinks. This week, we're going to talk about pinks because they are more rare. They are very beautiful, sometimes quite expensive, but in terms of how much they've been going up in value, it is phenomenal, especially of really high quality pinks. You know, to understand why pink diamonds are so alluring for not just for their beauty, but also for their investment potential, you have to really understand the rarity of these diamonds. The Argal mine, as an example, mines 90% of the world's pinks, and yet it's only one-tenth of one percent of their entire production. So it is minute in terms of how many pinks are coming out of the ground every year. And out of those diamonds that could be considered investment grade or the best of the diamonds that year is usually about a spoonful of diamonds literally. Wow. And that'll go to what's called the Argal Tender, and that gets shopped all around the world and you have to be invited to bid on these diamonds. So you have to be very secure in the diamond industry and be well known and be invited to even get to bid on these. So there's not hundreds of people walking through this auction going, oh, maybe I'll take a shot at it. It's not an auction. It's very exclusive, right? It's actually, it started today in New York, which is the first time for quite a few years. It's normally in Perth, Australia. It's in Hong Kong, actually in Kowloon, which is just a little way over, and in New York. And it's, this year, it's like 55 of the top diamonds that are produced out of the Argyle mine. Out of those 55 stones that are in this year's tender, only four stones of VS quality. That means very slightly included. They are SI1, SI2, but they are sizeable stones. Over 55% of the stones are of 0.75 or more. So the three quarters of a carrot, carrot, two carrot, but the clarity is not that good because the diamonds they're getting out of the Argyle mine, you know, it's produced, a diamond is produced by nature. It's an incredible, incredible thing. It takes billions of years to create a diamond, and these diamonds come out, they're cut, they're polished, and then they're put on a tender for people to bid on. And normally, you know, there's not a lot of people that are invited to the tender. Probably maybe close to 100 people total in, you know, in all three countries. And you have to understand, you know, how the market works. You know, last year I worked with our partners out of New York. We bid on seven stones. We didn't get one stone. The previous year we bid on, you know, four or five stones, and we actually got three. And one of the tender stones is actually up on our website, GuildhallDiamonds.com. It's actually stone number 49 in 2012, tender. It's a .81 fancy intense VS2. Incredible, incredible diamond. This is the type of diamond. I think we've got it on for $395,000 right now. This stone in the next 10 years will easily fetch seven figures. The mine is going to be closing in 2010. That's like having an artist that is creating and all of a sudden dies. There is no more painting. There is no more product. So this is a type of investment that is going to make you an awful lot of money. You just need to be patient and buy one of these stones or two of these stones, put them away. That number is 1-866-274-9570 and online at GuildhallDiamonds.com. Everything Paul saying, Jamie, sounds so, so exciting. Who's buying them? That's a great question. Because of the color, you would think that women would be the number one buyer of pinks. But in fact, partially because of the size of pinks that you get for the money, a lot of women will move towards the yellows because there's that dual nature to them that you can get over a carrot. You can put it into jewelry and it can be going up in value. So it's considered more an investment in that respect. Men love Argyle pinks. They are, they really do. The majority of our pink buyers have been men. A lot of them buying for their family, buying for their kids. I'll give you an example. We had a gentleman who bought a diamond, a two and a half, maybe coming up on three years bought a very, well, not only sold very small, but .35 oval paid about 21,000. Recently, that diamond was selling for about 35,000. Wow. So you can see that in a two and a half year to three years stretch, these diamonds continue to move up. They are so difficult to maintain in our inventory. Anytime we see diamonds between .23 to .35 .38, they do not last long. The longest we've seen something like that stick around is maybe a month and a half, maybe at most two months, just because they are so, so difficult to find. And then, of course, at Guildhall, we're also making sure that those diamonds are a VS quality or above. If we, as a firm, wanted to sell SI, which is slightly included, where you could see that inclusion with the naked eye, we could have so many of those available. But of course, we wouldn't see that continued valuation increases as much as we see with the VS. So it's very important for us that we maintain that clarity level, that strict criteria, which is allowing our clients to maintain increasing growth in their value. So men are definitely buying those. And in that sense, this market is definitely can be for what we call bigger players. Paul's mentioning the tender diamond. This is a diamond that has done nothing but continue to grow in value because there are not many of these type of diamonds around came out in the 2012 tender. And this is one of six type of diamonds that would have been in that tender. So every year you're looking at between five to six, seven diamonds of this type of quality and that rarity alone allows you to see how much these can go up. Now, we've been talking about Argyle. Argyle's are not the only game in the pink game town. They're beautiful. They're often have this jewel tone quality with Argyle's. You get peachy orangy pinks. You get nice pastel purplish pinks and a combination of pink type of colors. And this is definitely part of the allure to them. But in other places where we find pinks, the 10% where the other pinks are coming from are also unbelievably gorgeous. Most of them are pure pink, which makes them just as attractive because there's even less of them around. So while some people are really going after Argyle, let's not forget that they produce 90% of the world's pinks. If you buy any pink, that is very, very rare. So we really like our pinks, different type of investment, anything that would probably be let's say 0.4 and above. We could also put into jewelry, a nice emerald cup would make for a really nice ring. And we can, we make handmade personal jewelry for our clients as well. Well, the funny thing is that Jeremy is saying, you know, the other pinks that are out there, it's no different. There's a Ferrari and a Lamborghini. They're both, you know, great, great, great sports cars, and that's what you're going to get with a pink, whether it's an Argyle pink or a pink that comes from Brazil, Zimbabwe, wherever that diamond is mined. And they are so spectacular. There's something about a pink diamond that is really, really alluring, and they are tending to double every three years. Our tender diamond has actually almost gone up about 200% since we put it on our website. We can't find and we can't acquire a diamond again like we've got up on from the 2012 tender. So the people that are buying, it's not just, you know, people that have got millions and millions of dollars. Like if you look at auction, diamonds are going for 20 million and 40 million and 50 million in pinks and yellows in the vivid, but not everybody's got that type of pocket exchange. And these are big diamonds, a 20 carat, 30 carat, 50 carat. We're bringing to you, you know, in the pinks anywhere from, you know, 0.25 upwards to over a carat diamonds that are going to increase in value. The people that type of buying, whether it's a school teacher, a lawyer, a doctor, contractors, entrepreneurs, people that realize that they have to put their money to work somewhere. They're scared of the stock market. They've been burned a few times. They're not even if they're not wanting to invest in gold and silver because they look at the markets and they don't have the patience. They're looking for something that they don't have to look at every day of the week. They can take a diamond, they can buy it, they can put it in a safety-positive box, hold it for 5, 10, 15, 20 years, come back to us and we'll be happy to sell that diamond for them. They will make money on this type of diamond, and especially with the pinks that are doubling, the bigger the stone that you buy, the more it's going to go up in value. It's like real estate. It's location, location, location. So if you buy a stone and Jeremy, we have on the website right now some pink argyles ranging from a 0.53, a 0.55 559, is that correct? Yes. And you're looking over a $100,000 purchase. But this is a type of diamond that in 5 to 10 years could easily be worth a half a million dollars. And I could be underestimating that type of price. I think these diamonds could go through the roof literally. And in my experience owning pink diamonds, I've seen these diamonds double basically in two to three years in some cases with argyle pinks. So if you look at a diamond over 10 years and you're buying a diamond for $100,000, you know, in three years it could be worth $200,000. In six years it could be worth $400,000. In nine years, 10 years it could easily be worth $600,000. I am not overestimating. I've seen these markets. I'm in these markets. I understand these markets. And you should be in these markets too. If you have $100,000 that you want to invest, you should put it into a pink argyle and sit back, put it in a safety deposit box and watch yourself make money. We'll take a short break and we'll find out when we come back. Can these diamonds keep bringing in these monies and these prices at auctions? The number to start investing natural fancy colored diamonds 1-866-274-9570 in online guildhalldiamonds.com. Darren auctions, auctions, auctions. This is an important time of the year, John, especially for colored diamonds. We've been through Las Vegas, which happened in the spring, and of course, what we reported back from being in Las Vegas was clear. Again, this year, there was a lack of selection. They didn't have the vivid yellow I.S. that we were hoping to bring back, and they certainly didn't have the V.S. quality at the right price point for the pinks. Now, fast forward to September of 2014, and of course, as Paul mentioned earlier in this last segment, the argyle tender is now happening, and those diamonds are going to be going to market. And because of the change and the type of mining that they do at the argyle mine, which is open pit mining to underground mining, they have uncovered a larger stone on average this year for the lot of all 55 that are being auctioned. But for the larger stone, they are seeing a decrease overall in quality of the stone and clarity of the stone. So you're getting, yes, about more than half of the stones will be 75 points or bigger, which is fairly good for people who are looking at the largest diamond. And of course, they have a few hallmark pieces that they're going to be showing. In addition to that, the clarity drop significantly. We now only have about four lots that are V.S. clarity or higher, which is devastating. And that means translated into the layman terms, prices for wholesale pinks are going to rise yet again. This is the time of year where wholesalers do a change yet again. That will be reflected in the asking price that we have to place on our diamonds. It will be reflected in the asking price all dealers pay for their diamonds. And it's already begun. Paul's gotten plenty of queries from other firms saying, "Hey, we've got some Argyle tender stones from previous tenders. Would you like to own them?" And of course, we'd like to own every one of them, but at the right price. And that's another part of the service that we're bringing to you. In addition to that, Jeremy is going to talk about it, but auction prices matter significantly. When you get a new per carat price for pink or blue or yellow at auction, it almost 100% of the time translates into higher wholesale prices, which means when you're buying the diamond, this is where we end up seeing as an investor your return on investment grow. We don't see drops in the market. That's a given 30 plus years, almost 40 years we've come to the conclusion. There have been no drops in the value a year over year of these high-priced high-quality diamonds. And of course, Jeremy's going to show you another auction here now. It's coming up in October. That's going to make a significant difference. 1866-274-9570 at Guildhall Diamonds.com. One of the details here. So we have another auction coming up. We love to see these because they always bring a spotlight onto the color diamond market. Coming up in June. I think this is going to be auctioning an 8.41 pair shape internally flawless vivid purplish pink diamond. So most likely from our Galisins is purplish pink. It's estimated to go between just shy of 13 to maybe just over 15 million dollars. Listen, personally, I'm just looking at this. I think that's already a bargain at that price. Again, me personally, I think that record will easily be looking for the price. I think it'll easily go above that. Why? People aren't buying these diamonds just because they're pretty. They're buying them because they make money. And every single auction up to this one has just proven that point that these diamonds continue to make money. So I think whoever's going to go to that auction is going to be very excited to try to get this diamond. Now, I think the one thing that is interesting about it, of course, is that it is going to make diamonds are much lower in clarity. So why is that? Part of it is because the diamond was so large to begin with. You have to understand that a lot of the diamonds coming out of our Gal in particular because they produce so many of the pinks are much smaller. And so you don't want to cut away more diamond just to get better clarity. So this year, in particular, as Darren was mentioning, we'll get back to that this year, which is curious because they're starting to mine underground where the diamond should be a bit smaller. Now, it's hard to tell whether or not our Gal is maybe holding onto some diamonds and then pull them out for the tender each year. But that's their prerogative. The point is is they bring out every year what they consider to be the best of the best for the tender. But getting back to auctions, I think, I believe that anyone would own an internally flawless vivid pink, especially this haircut that's beautiful. So these are important auctions again, every year when these are moving, these diamonds are being sold at auction. They put that spotlight on this market couldn't happen at a better time just as the prices are going to be moving higher. One of the reasons that this reset happens every year is because diamonds from the Argon Mine inevitably always have to bid 20, 30 percent more than they did last year for the same carrot weight and same type of diamond that they did last year. As a result, the entire industry moves the needle and these diamonds always get more and more difficult to procure. So when we're talking about owning a diamond that's a half a carrot or larger, yes, it's a big investment. But this is in a very small market with a very small amount of diamonds out there. And so imagine a real estate market where literally there is no more land where literally they can't build up anymore where there is such a limited availability that the prices can only go in one direction. And that's what we see with natural fancy colored diamonds. So maybe if you're thinking as an alternative to some of your real estate profits you've made in the last few years, or you're really looking for something dynamic that can present some really great opportunity, we believe that pink diamonds could definitely be the way to go if you're looking to invest $100,000 or more. 1866, sorry Paul, 1866-274-9570, the number by the way to start investing and online at Guildhall Diamonds.com. And it's a proven track record. I mean, that's the thing that we go into. And I mean, the idea that we were selling, you know for $7,000, $7,500, $8,000 a carat today, you're looking at $35,000 a carat 10 years after the fact. You're looking at our gold pinks, especially the tender stones that, you know, we have to bid 20, 30% more than we did the previous year, which shows up on a retail level, or even as a wholesale level, if a dealer is paying 30% more than he did the profit. So you've got to figure 40% more than it was at the retail price or at a wholesale price. So these diamonds will tend to keep moving up and up and up, as I said, in the segment previous, it's like an artist that is a popular artist, has a limited amount of work that he's produced. And when he dies, there is no more work. I mean, there is to find those original products, original art, sothebas and crystals, our prices for art and assets, beautiful, hard assets, are going up jewelry, especially pink diamonds, blue diamonds, large yellow diamonds going up at an incredible rate. Because there is none out, there is harder and harder to find the product. We search all over the place to find the diamond that meets every part of our classification. It has to have the right color, which means it has to be evenly saturated. We then look for the cut of the diamond. The cut has to be an excellent, very good cut so that it brings out the fire and the scintillation in the diamond. We then look at the carrot weight. You know, in yellow diamonds, you should only buy basically anything that is over a carrot because that is an investment grade. In pinks, they don't come in large sizes, so you need to buy a V.S. quality diamond. The same thing in a blue. You know, same thing in red. You know, there's reds are almost impossible to find. These are the colors that you need to buy to invest to protect your wealth, your capital. It's money that you can actually, a future that you can pass on to your kids. It's heirlooms if you want to put it into jewelry. But it's a safe investment that you can sell. It's portable wealth when you want to sell your diamond. You know, you can sell it into markets. There is a fifth C which is currency and it can be sold in virtually any currency whether you want to sell it in U.S., whether you want to sell it in yen, whether you want to sell it in sterling or Canadian dollars. It's available to you when you buy the finest of something, it will always go up in value. Do you know what I'm saying? Do you know what I'm saying? Do you know what I'm saying in C.D.I.A. could you break that down for me? Sure. Where Guildhall is a member of the N.C.D.I.A. there's an association which advocates natural fancy color diamonds and puts forth a lot of information and just trying to educate the markets. It's also a bit of a watchdog. They want to make sure that those in our members are ethical. They are in the industry. They're a great advocate for the color diamond industry. It's a very small industry so it's very good to be a part of that. We'll bounce over to precious metals here after we take a short break. The number again to start investing and get on top of those natural fancy color diamonds. 1-866-274-9570 and online at guildhalldiamonds.com. And back with more of the real money show, the number to start investing 1-877-8 silver in the industry. We're talking earlier in segment one of the show about what's happening and how our belief towards metals have really begun to change now that the end of the fall is coming in. One thing I want to advise people listening to really delve into is what we call the precious metals advisor. It's our weekly newsletter. It goes out to anybody that's wanting to follow the metals market. It's free of charge for one year for new newsletter which goes out to our clientele, our listenership and viewership worldwide. It is a world class letter. We will summarize the various interviews that we do here on the show, the real money show. And of course it has world class information inside of there. This week's is a jam-packed newsletter full of information that as an investor I'd want to have for sure. It features some gentlemen in a video by the name of Chris Martenson and it's a video on what is money and it's part of his book. It's the crash course and it's chapter six. And again it's called what is money the world revolves around it but it's poorly understood. So this is a pretty telltale sign of what we're dealing with when we talk about fiat currency and when it comes down to metals as we were seeing earlier on we have seen a lot of people are now lining up to prepare themselves for what is about to happen. We feel at the end of September early October is going to be when we start to see the change in pricing. We are encouraging people to start activating their accounts now to get into this market. As we said earlier in the first segment hundred ounce bars of silver and an easy easy way to start whether you want to store it with our firm customers and of course you can do a lot more mixing the two metals together. Now those aren't the only two options so definitely get in contact with us about that but one of these days what we are going to see and perhaps sooner than many one-time gold investors expect is that bullion is going to blast off and not pull back and most of the people John as you all know when we talked about in segment one are just going to shrug it off as you know what I'm going to say is I'm going to say for the course of a month three or four hundred dollars they'll think that it's just going to be followed with a big pull back and they'll be wrong and it could be too late for many of those people because if you're like myself sometimes I've made the mistake in investments where I think something has gone up too fast too quick and I say hold on a second I'm going to wait for it to be incorporated you could have missed the boat on that one too so you know you it's never too late to make the investment Jeremy was talking about in the first segment that people have a worry that the price of silver may drop if it drops a dollar it's no big deal it could go up a dollar in the next you know couple of days the whole secret of investing in gold and silver is to buy on a regular basis you cost average and that's what you do we've been in this market since silver you know Darren said four dollars actually three dollars and eighty cents when I first got in and two hundred and fifty dollar gold I've seen it rise as high as forty nine dollars silver I've seen gold go to nineteen hundred dollars and change will it drop down to nothing it is not a stock it's not paper gold and silver cannot go down to zero can you buy gasoline today for ten cents a liter it used to be ten cents a liter can you get into the movies for a dollar can you buy a cup of coffee for ten cents it's just not reality it costs more money to bring gold and silver out of the ground it's actually being produced at cost right now and the miners are not going to let this product go down to zip because all they're going to do is not produce it's not rocket science if you're not getting your money for your product you can you create demand and demand is out there from central banks from smart investors you know I'm not blown away by headfakes by people like Goldman Sachs I know it's going to drop down to a thousand dollars they wanted to drop down because they want to buy it that's their case that's what they do they try to force product down it's an unbelievable opportunity I bought myself yesterday I bought today gold and silver and I think this market I bought my money where my mouth is I have skin in the game I don't promote a stock like I see people on the TV and say well this is going to go up and that's going to go up and then you say do you own the stock no does your family own the stock no does your company own the stock no but you should own it I'm telling you own gold and silver you'll make nothing but money 18778 silver in the real money show.com Jeremy jump in yeah I think we're again we're talking about well position in the market you really shouldn't be worried about well you know and first of all you shouldn't be putting your entire fortune in there so if you're saying oh is it looking to pull back because why are you putting all of your money in it because if that that's the case you shouldn't be doing that 15-20 maybe as much as 30 percent to have insurance against your paper portfolio and as the bedrock in your portfolio if you put any pullbacks you should be getting a position number one then you can sit back and say okay well now I'm going to look for better opportunities Paul mentioned and we've talked about it lots of times if you're cost averaging then you really don't worry you're buying a hundred ounces here a hundred ounces there on a longer term basis you're going to end up with with quite the accumulation and it's my belief that you should be able to buy an average at some point in this market I'm going to leave you to do the math on what you think that is but you'll see that it's quite good for gold and silver going forward Jeremy talked about owning maybe as ten to twenty five percent of hard assets like gold and silver in your portfolio but if you put that together with a natural fancy color diamond what you're doing is protecting your wealth you're protecting your hard earned assets your capital you know everybody has life insurance health you don't want to collect you don't want to die but with you know having gold and silver and diamonds in your account what you're doing is protecting your wealth you know natural fancy color diamonds tend to double you know anywhere from four to seven years gold and silver if you look at the last ten years are still up about four hundred percent even though we've got beaten down forty fifty percent we're still up four hundred percent over the last ten years if you don't mean the same then you shouldn't you know obviously you're not going to make a purchase but if you think that these markets are going to keep on moving up the stock market is going to have to come off gold and silver is going to be the the sanest investment that you can make right now one eight seven seven eight silver in the real money show.com. Jeremy what about yeah just before Darren brings up some really important information that came out this week I had a couple of years ago which is what they did in the thirties in the U.S. first of all they've been confiscating our wealth for well over ten years. The U.S. dollar correct the U.S. dollar is down something like forty percent in the last decade and if you haven't taken a look it costs more to buy everything which means unless you're making a lot more your wealth's already being confiscated. Gold and silver is a lot of money. Secondly and again these are just my opinions here secondly they haven't had to confiscate gold and silver for decades simply because they've had that printing press they've figured out a way to steal your wealth most people don't invest in gold and silver because most people have that herd mentality it's the savvy investor who's looking to protect their wealth it's a savvy investor who's not getting caught up in the overheated stock market and finally if they confiscated in one country what do you think all the other countries are going to do they're going to pile in so quickly the gold and silver it would be absolutely ridiculous this is because the world is a lot smaller than it was eighty years ago and so you have to keep that in consideration when you're thinking about the excuse in my mind it's an excuse that I'm not going to buy gold and silver because one day I've been into a Canadian policy that they could bail in strategic banks in Canada so with bail-ins with money printing confiscating the wealth I think confiscation of gold and silver or your personal hard assets is the last thing you should be worried about it's like something a tinfall hat we're in Scarborough would worry about right they're coming to get my gold Jeremy how about the fact that you guys have talked about so many times about the countries right because they stopped Ireland with only the Americans and the Brits and the Europe they were really really smart anybody's holding gold and silver is stupid you know gold and silver was the backing of a currency was the backing of a currency they've encouraged in China for their population to own physical gold and silver if you look at Russia right now you know they've been buying gold and silver and there's embargoes going on and they've got problems with Ukraine and the rest of the world but they are the largest producer of oil and they're supplying Europe you know they've got everybody by the throat but they're buying gold and silver because they don't have the faith in the US dollar it's simple China is one of probably one of the largest holder of Treasuries besides the Fed in the US of owning Treasuries in the States they're getting a little nervous Japan owns Treasuries they're getting a little nervous all these up and coming third world countries have learned to lessen they're buying in their central banks they're buying gold and silver and they're hoarding they know eventually that fiat currency will collapse and they don't want to become a fourth world country they want to step up the ladder so gold and silver is a great way to protect to buy and make money you know as I said if you look at the stock market right now it's an all-time high last one in first one to get hurt if you're looking at buying into the stocks Joe public has been sitting on the sidelines with the stock market they haven't been buying you know they got hurt in 2008-2009 and they're not back in the market they're hedge funds and that one percent have done awfully well the banks do very well average person hasn't done very well and in actual fact they've lost position in the economy you know lower class middle class middle class is starting to erode to get to that one percent is very very tough so you need to own gold silver natural fancy color diamonds get in ahead of the game protect your capital look after your family if you're going to look to retire you know ten fifteen years down the road have some gold silver and diamond in your portfolio if you're going to put your kids through university you know this is the time to put something away for your kids have that insurance policy because I can tell you right now the stock market and I'm not a I don't have a crystal ball but I've been around a while I'm 67 years old markets go up and markets come down we've got hitting up on gold and silver we've come down so that is going to go up real estate is almost at an all-time high stock markets at an all-time high it's ready to come off and another market ready to go up and gold and silver is where you should be 1-8-7-7-8 silver on the real money show.com what are you sitting on over there Darren? Well I'll just do share there is a certain sense of of impeding enthusiasm for investors that are trying to understand what it is that the market is trying to do or about to do I sense it I know it's there and people talk about it and you hear it but always remember to read the headlines the truth is out there and if you take the time to do your diligence you'll figure that out now what I was sitting on here in other news is that today the ECB the European Central Bank announced a cut of 10 basis points in their lending across the board and they send rates further into negative territory. In fact well what everybody was expecting Mario Draggy to announce was bigger ABS purchases but few if any had expected the ECB to also cut rates. Now without getting into a big huge hoopla about it how can a global economy start to roll ahead if the second largest part of that global economy is faltering miserably and what it's telling us is that it's now going to cost banks money in order to store money overnight they're not going to get interest for it it's actually negative 0.02 percent so in fact they're going to have to pay a slight premium in order to keep their money in the bank and this is the sign of things to come and they say it's in order to avoid deflation and what it is it's a result of them sucking off the teeth of the American economy for so long and that's the reason why they've been there they've done it they trusted the people they shouldn't have trusted and this is the same thing when it comes to gold and silver so smart enough pay attention to your investments know where your money is at and if you're a listener to the show what does it take for you to call in for five minutes to hear what we have to say start simple keep it simple the other thing is the drug is coming out to do they're running out of tools in that toolbox get into gold and silver get our precious metal advisor this will is something that you should get it's free to you every week it goes out it will tell you what's happening in the markets don't listen to us we put in articles from very very smart people that understand these markets so please John give out the numbers call for the precious metals advisor call for an investor kit something that's gonna make you and your family money wrap for another week that number the Paul is talking about is one eight seven seven eight silver and online the real money show dot com 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 as a ghost details on how to enter I like to win and watch the new series the day of the jackal premiering Thursday November 14th only on showcase stream on stack tv