The Real Money Show
The Real Money Show - August 9th, 2014
broadcasting on 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 management Paul Wiseman as well senior analyst Darren Long both these gentlemen are well respected in the bullying community and have been addressing and speaking with the public at large via their seminars and speaking engagements for combined 21 years and helping people the world over since 2002 to purchase own physical gold silver and natural fancy color diamonds they are not financial advisors or planners and past performance of gold silver our color diamonds is not indicative of future performance the number to start investing you should know this by now one eight seven seven eight silver and the real money show.com welcome guys Darren the update is where we start what have we got coming up today well a couple of things we have an interview that's going to be incredible it's Dr. Paul Craig Roberts he's the former assistant secretary treasurer of the United States government and he held that position under Reagan's administration also the former editor of the Wall Street Journal very interesting interview you don't want to miss it he's well spoken great credentials you're going to introduce them a little bit later John and an apology for last week's show we did have Warren Bevin scheduled for that show unfortunately due to technical difficulties we were unable to connect with Warren at the appropriate time so sorry to our listeners but at any rate with the market where it is right now let's just get started and delve right into it the week was fluctuating back and forth in terms of pricing it's right now holding in the 1310 range for gold and the $20 range for silver a gold tested support at the 150 and then the 200 day moving averages past week and found support right at the 200 day moving averages we would expect silver is lagging at the moment it does present about a three to four maybe five percent gap and what we would expect pricing to be right now given the last couple of months in this range and it does equal a nice buying opportunity coming out of summer and into the fall when we can expect major players to rebalance their fun portfolios and give a boost to both gold and silver at these relatively low prices now geopolitical risk it remains very high it's not been reflected in the price of gold or silver and this week we saw the entrance of new sanctions against Russia by many of the larger G nations like Canada and Britain and the US as they continue to put pressure on Russia over to the situation in Ukraine now in retaliation and this is impacting gold and silver late in the week as we tape here on Thursday in retaliation Russia has now begun fighting back in somewhat an aggressive manner refusing to accept many types of food imports from the nations holding sanctions against them which is bad news especially for if you think of Canada our pork producers because a lot of that pork goes over to Russia and goes elsewhere in the world from that marketplace in addition to this the situation Ukraine continues to develop as reports of buildup of Russian troops near the border with Ukraine continues to plague the Eurozone markets now Polish Foreign Minister Sikorsky said Russia has gathered substantial military forces at the border with Ukraine to either put pressure on the neighboring country or enter it they believe it's to enter it I think that that's what they're expecting will happen long term but it's going to depend on where I think all of these sanctions end up going now as a result and there are many reports out about this this week as a result you saw a lot of central bank buying during the month of June and July now june numbers tell us that given this crisis in the Ukraine and the deteriorating ties with the west russia has been the most aggressive in accumulating gold reserves the IMF the international monetary fund in its recently released international financial statistics report showed that the russian central bank has hiked its gold holdings by 16.8 tons to 1,094.8 tons in june indeed most central banks are increasing their gold reserves at this particular time the IMF data also showed that russia besides russia mexico Kazakhstan uh Kyrgyzstan Tajikistan Serbia Greece Ecuador i am running out of stands we stand laurel next all of these all of these countries of course are regionally affected by the problems with russia and uh certainly not mexico and greece to that extent but a lot of these countries with and stan are affected and impacted locally and this is something we've seen happen in the middle east and again it's part of the third fundamental of why we own gold and silver why it's important to own it now not next month not five years from now why it's important to add it now so these are the problems these are the things that we're seeing happen and this is the opportunity for you to take advantage of it as an investor what guildhall wealth does better than anybody in canada in my opinion is offer you access to physical bullion whether you want it in bar form whether you want it in coin form we offer depository services allow you to put your product into a secured vault we have multiple locations around the world to do this and you can buy and sell by phone call this is a long-term investment don't view this as something you want to speculate on over the next few days this is something you buy and hold and from time to time take advantage of the price fluctuations guildhall is a very very easy going company we're a family-run business and when it comes to adding physical gold and silver to your portfolio nobody does it better in canada than guildhall wealth management the numbers one eight seven seven eight silver and the real money show dot com paul how easy does it open account well to reiterate what darren sang is really easy the first thing you know i've got to do is pick up that telephone we'll go into the internet to guildhall wealth and fill out some an application but you can buy gold silver platinum palladium you can buy it for home delivery um you can put it in our depository which is safe secure insured we can allocate and segregate the product for you and even give you the bar numbers a lot of our clients love the idea where they buy it you know 10 100 ounce bars or 100 100 ounce bars they get the bar numbers they can come and visit their product they test us out in a month two months down after owning it they call us up they want to see their product we set up a date for them the next day two days whatever you have to have full two pieces of idea to come into the secure location but they haul out your on a skid your product you know we've had several people come you know stand on the bars of gold take pictures you know how to put it on youtube that's not the smartest thing to do with an address well yeah but to have where your product is and tick off your bar numbers so to get an investigate to learn how to invest in gold and silver as well as natural fantasy color diamonds john why don't you give out their numbers that numbers 18778 silver and the real money show dot com will take a short break stick around though coming up we'll get to dr paul craig robert's you don't want to miss interview it's on the way in the real money show next and back with more of the real money show the number to start investing is 18778 silver and the real money show dot com uh with us now dr paul craig robert's one of the most respected calmness in the alternative media spectrum his syndicated articles have been seen on many leading alternative news websites including info wars and counter punch and king world news countless others uh former assistant secretary to the u.s. treasury under run reagan's administration and he held a position of editor of the wall street journal he has written several books including uh the tyranny of good intentions and how the economy was lost as well as the one you should pick up for sure the failure or the laissez fair capitalism uh there's no one better in reporting the reality of geopolitical events in the workings of the treasury and the federal reserve we are very pleased to welcome dr paul craig robert's well dr robert's welcome to the show the real money show and uh it's a pleasure to have you here we've been following you for some time and of course uh you've got a lot of material out there i wanted to get through a few questions today with you and the first question we had is regarding how the markets and uh precious metals have been very cyclical at least as far as our opinion of the markets has been we've been around since 2002 and we've discussed on our show which has been on air since 2008 how cyclical since the beginning of this bull market uh gold and silver have really been how would you explain the most recent correction in the gold price since 2011 and what factors have played a role in giving us to where we are right now well i wouldn't say it was a correction i would say it's an intentional manipulation um by the federal reserve using its agents the bullion banks to suppress the price of gold because the rising price of gold was threatening the exchange value of the dollar the dollar was under pressure because of the federal reserves policy of quantity of easing with the fed's balance sheet expanding from approximately 800 billion dollars to four trillion dollars this had caused a great deal of concern among dollar holders around the world including foreign central banks and the Chinese government that the supply of us dollars was growing dramatically but the output of us real goods and services were not and therefore the question arose of the dollar's value and gold was an indicator the right the strong rising price of gold over the decade with an indicator that confidence in the dollar was disappearing and so when gold hit 1900 dollars an ounce we saw the beginning of large-scale short selling of gold in the futures market and what gives this manipulation away is that it's always in the least busy part of the gold trading day that massive shorts are dumped on the market and no one no one would abandon a position in that way it's a way of getting maximum decline in the price of what you're dumping so these are conscious manipulations they occur when there's often often most times they occur when there's no real news to explain drop in the gold price and they occur in the least busy times of the market when large numbers of contracts can't have the most effect on the price so it's not a cyclical correction it's a manipulation to protect the dollar from quantitative easing right well here with dr paul craig roberts and dr roberts in an interview you recently conducted with king world news you discussed what has been a prominent theme for us here on the real money show and that is the idea that much of the touted growth in the u.s. economy has actually been a result of companies buying their own stock or more appropriately labeled corporate buybacks it's to our in our opinion very it's become very rampant and i'm curious as to whether or not we've witnessed such a situation any other time in recent history especially to the extent that these corporate buybacks are happening now well i i'm i wouldn't know that but i do think it's certainly unusual and i would bet that probably we've never seen the extent of these buybacks i think there was a report out recently and it showed the buyback by the buybacks were over four trillion dollars in the last few years and i think in this last year they were almost a trillion you know there's a report out on that right speculation it's so when you when you add the corporate buybacks to the amount of money the fed dumps in the banks which some of which certainly must get used to gets used in speculating and s&p futures you can see that the stock market is a huge bubble and what's what's also disturbing about the buybacks is that the companies the corporations apparently have gone beyond just using their profits or their money in the bank to buy the stock but actually borrowing from banks in order to purchase their own shares so that they are accumulating debt without accumulating additional plant and capacity to produce goods are in province with which to service the debt so in that sense it's it's doubly worries this kind of leads into the notion of the art of misdirection and for us we've discussed the theme at length actually at nausea in terms of this misdirection of course it's most common form is the headlines that get touted day after day week after week which are quite frequently adjusted to reflect the data which is more accurate after the time of posting but it feels as though the u.s. into a great extent the global economy is really becoming increasingly unstable behind those headlines what is your take on the real situation of the u.s. economy and what if any impact long term will there be on gold and silver and perhaps even the middle class well I think the middle class is being systematically destroyed it began with the collapse of the Soviet Union when India and China changed their attitudes and opened their large underutilized labor markets to western capital and corporations western corporations particularly american ones found they could greatly increase their profits by lowering the labor cost and they also found that they were under pressure from Wall Street to close their manufacturing facilities in u.s. and move them abroad and were actually threatened with takeout with Wall Street financing takeovers if they didn't produce a greater profits by offshoring their production for u.s. markets and of course the result was to destroy the mass amount of manufacturing jobs that provided the middle class income and then with the rise of the high speed internet the same thing happened to tradable professional services such as software engineering or search design all of this could be done elsewhere and send in on the high speed internet so that the kinds of jobs that provided the ladders of upward mobility in the United States that produced the opportunities to solve these jobs simply disappeared and for years as I have reported usually each month payroll job numbers show that the only jobs that the United States can create are lowly paid domestic non-tradable services waitresses barked in this hospital orderly as retail clerks and so essentially the economy is ceasing to exist we are on the road of becoming a third world economy in which people are employed in lowly paid domestic non-tradable services we see this also in the changing composition of jobs between full-time employment and part-time employment increasingly jobs of part-time and therefore the prospect of improving one's position in life that defined the United States as opportunities to solve this prospect is closed that's a very interesting point because if you think about it in terms of the middle class what in your opinion would help to turn this around or rebalance shall we say this system I mean do we all do we have to have an all-out following a part of the economy or what is the what is the way in which we can see some light at the end of the tunnel I don't think it can be turned around I think collapse will eventually come theoretically you could turn it around if you change the way you taxed corporations for example if you taxed corporations according to the geographical location in which they produced the goods and services and gave them a low tax rate if they produced domestically in the United States and a hot tax rate if they offshore their production you could offset the labor cost advantage and force them and force them back but you wouldn't be able to get that passed because corporations are a powerful lobby and therefore they would block it and you could also improve the financial situation make it less crisis prone if you re-regulated if they if they brought back the Glass-Steagall Act if they brought in the regulation of derivatives which the Federal Reserve the Treasury and the SEC blocked doing Brooksley Born's time when she was the head of the combined futures trading corporation if you got if you again put strict limits on the position of speculators in commodity markets so that they could not dominate those markets but merely perform the traditional function of smoothing the price over time and if you restored the strict limits on debt leverage you could deal with financial disasters that have resulted from financial deregulation but again you couldn't get that passed the banks are too powerful more where they control the Treasury the Fed the federal regulatory agencies and their campaign contributions control the government so what you can theoretically do you can't practically do because the government is no longer responsive to people is responsive to a handful of powerful interest groups that simply buy the government okay guys we'll take a short break stick around we got more of this interview with Dr. Paul Craig Roberts coming up the number by the way to start investing is one eight seven seven eight silver and the real money show dot com and back with more of the real money show the number to start investing you know it one eight seven seven eight silver and the real money show dot com we are back talking with Dr. Paul Craig Roberts it's a scary thing to be in this position but from our perspective here up in Canada we're watching with with a great great intent on knowing exactly what that outcome might be of course because as you can imagine we have not as a country experience quite the same type of economic downturn and although some things are very similar we are certainly advocating as a firm the ownership of physical gold and silver what are your views in terms of ownership in things like gold in silver or other hard assets period well traditionally um gold and silver have been inflation hedges they don't make you rich only in nominal terms but they prevent you from losing wealth from inflation and so that is a fact historical fact it's also true in my opinion that the United States dollar is overvalued because the creation of four trillion new dollars during quantitative easing or three trillion or whatever three trillion I think this increase in dollars was not matched by the increase in u.s. goods and services and so it has to affect the exchange value of the dollar and then we also see the dollar being affected by people moving away from using the dollar payment system because the United States abuses it that uses it to impose sanctions on countries that don't do as Washington orders for example the Russians and we see then the Russians abandoning the use of dollar in energy transactions the agreement they've made with China we see now last week the Russian and Indian central banks were working out arrangements so that their trade between themselves no longer involves dollars see the formation of the bricks to avoid the use of dollars and therefore the demand for dollars in foreign exchange markets is headed down and how long the how long Washington can prevail on its puppets Japan the EU to create their currencies with which to purchase dollars in order to support the exchange value of all this can't go on forever without these countries suffering the consequences themselves so I think that a substantial drop in the exchange value of the dollar is in the works I can't predict when it will happen but it's there waiting and therefore you would be far better to be holding wealth and gold silver than in dollar the nominated paper assets on the other hand you can't take the granted that governments won't confiscate your goal holding me on top there's a there's a track record there for sure you're speaking about the geopolitical front and we are witnessing countries move away from the US dollar Russia China and obviously the brick nation certainly more recently is this a sign of things to come and do you feel as though this might be one of those types of events that could drive gold and silver pricing higher or more more importantly even gold prices specifically well actually there there are plenty of forces already it worked driving gold and silver higher we've we've been witnessing a very strange situation that during a period when the price of gold is determined in the futures market not in the markets where people take physical possession and we've been watching the actual demand for physical possession to rise strongly while the price has been falling now and the only way you can make any sense out of that is that people are not abandoning gold but that the federal reserve using its bullion banks as its agents is driving down the price of gold with these negative naked shorts in order to protect the dollar so I think that and you can see whenever the shorting stops gold jumps $20 and starts up and then income the shorts again and so I think there there are plenty of forces already it worked to drive up the price of gold in my opinion it would be far above 2000 it was already in 1900 in 2011 except for this consistent policy of using the futures market the dump enormous amounts of shorts at the least busy time of trading at two suppressed price of gold so these forces are already present the question is how long can they continue to be suppressed by the manipulation in the futures market apparently the reason for this futures market manipulation is that the old way of suppressing the gold price which was to police gold holdings the bullion dealers who sold them to suppress the price of gold apparently they used up all the gold we can see that in that the federal reserve was unable to deliver any of the gold held in trust for Germany it's also indicated by the fact that no one not even members of congress can get an audit of US gold holdings people aren't even allowed in to see if there's any gold so it looks like the use of the futures contracts to manipulate price had to be employed because there weren't this simply not the gold stocks any longer to use sales from official holdings to suppress the price of gold so the question then comes at what point it does the absence of sufficient gold in the west to make delivery or what would happen if suppose the Chinese simply came in and involved enormous amounts of come back futures and then demanded delivery if delivery couldn't be made then you would see the whole system fall apart so i don't i can't say when these changes will happen but we can see that clearly it looks like desperate last ditch activities by the federal reserve to protect the value of the dollar from its own policy which is directed at saving four or five large banks and that is something that's very very curious in terms of understanding because of course data is really delayed in the COMEX market and you certainly can't always see what they're up to from a day to day perspective per se but the idea that this would come to a moment that could border on collapse is something that i'm sure many while i mean from hedge funds to to very well-invested countries like China and in gold markets they understand this and i think they know i mean i've read at length lots of articles that discuss what little amount of delivery would actually cause the COMEX to fail and i'm led to believe and understand that as little as maybe four or five percent calling for delivery would literally blow the COMEX apart so it's a very interesting situation and certainly we're not here just to speculate on what gold or silver might do or other metals for that matter but it is an interesting topic now in your book i'm here with Dr. Paul Craig Roberts in the real money show in your book titled the failure of laissez-faire capitalism you talk about flaws in current economic theory and practice and you do state that and i quote economists have failed to understand that infinite growth in a finite system is impossible what do you feel it would take for the average person or investor if you like to realize this statement do you feel that if the mainstream understood this point that it might alter the way they distribute their wealth enough that the middle class might actually begin to grow substantially i think if that statement was understood there would be a lot of forward thinking and forward planning you wouldn't be on the next quarter's profits or the next hours trading profits by front-running trades or something yet because what that what that statement means is that um the model that exists and has existed officially since i guess world war two aftermath war two that economic development is the solution for everything in that every country can obtain the kind of high consumption levels that the united states had until recently um the they just aren't that kind of resources and they aren't that kind of sinks for waste i mean we already have a substantial air or water land pollution and um the um basis for economic theory is the steglic solo production function that's named after two nobel large steglics and solo act right this this production function assumes that man-made capital is a perfect substitute for nature's capital so that you never can run out of resources well this of course is in direct conflict with with the law with the law of physics and so um if you are are faced with using up resources and we we also know we have massive external costs that are not included in the cost of production for example all the dead zones in the Gulf of Mexico that result from the runoff of chemical fertilizers those dead zones the cost of these dead zones are not included in the cost of the agricultural products that are raised and sold from the use of the chemical fertilizers so you where when you look you see enormous cost imposed by productive processes all nature and on third parties and these cost erode use up destroy the environment and so in effect you run out of disposal sinks and these things are never cost they're never part of production functions so what what this realization we do would would force the world to come together in order to create some kind of sustainable economy not one that you can rely on to grow and grow and raise everybody's incomes or the majority of the incomes which it no longer does at least not in the United States but no real median family income growth for years and years so the system it looks to me like it's already breaking down but if you realize this problem and you tried to focus on sustainable economic activity something that gave people the ability to exist on a reasonable level but without using up the remaining resources that the world has that would fundamentally alter everything i don't think it can happen because humans are short-term animals they think short-term they they think about what they want right now they don't worry about well if everything runs out 50 years i won't be here anyhow so i think that the problem will just continue to fester and get worse and and if we don't manage to set off a nuclear war or we don't manage to set off some plague we will find that resource constraints stop the whole way that people think about economics now that way will simply be abandoned because of its unreality well it's a by extension we we look at also the the the headline data that certainly is produced by the us as being kind of the indicator of the global economic positioning for for where we're heading where we've been and what we can expect to see do you feel and i only have a couple of questions left dr robert i appreciate your time very much but do you feel at any point in time that given the the economic climate we now see that the trillions of dollars of debt that the us has accumulated will ever be cured i mean is there a possible way to to get through this well i think the debt i think the problem is far more serious than the debt um debt itself um for example the federal government can always pay its debt because it can print money right and so the question is oh what is the real value um that you're getting back when they pay off your bond if the if they're doing that by inflating the currency so that the money you paid for the bond is now worth half what uh other money that you would pay back so these types of of things are not a problem for the government also um debts can be defaulted and just like stock markets can go down um the default on debt can result in uh people losing money um it just means having any of these type of um paper instruments when you have policies that are irresponsible then you can lose all your money so i think the problem is different from debt i think that um the the offshoring the financial deregulation of the ignoring that there's a limit to resources on planet earth that these are producing lower living standards and the lower living standards make it impossible to repay the real value of the debts so that the debts essentially are inflated away well that's uh for us a very uh long-term impactful situation that's understood only after it could start happening right away i suppose it could right yeah depends on how long they can keep this artificial value the dollar there right a deep manipulation you have to understand that okay countries are puppets of the United States including Canada and if the United States wants the Canadians to print Canadian dollars to buy to buy the US dollar to support it they'll do that just as the Japanese do and just as European Central Bank does and moreover just about any country it wants to export when there's a dollar-based system it has to earn its own money to keep its money from appreciating relative to dollar and curtailing its exports so the way the United States conducts policy essentially forces the whole world turn flight right and point you have this growth and money that's not matched by growth and goods and services and then the prices break loose and that that i think has always been the case and as i think i said earlier in our conversation it surprised me it's going on this long without the consequences becoming apparent but we've never seen this level of manipulation of markets before right given the and my last question to you Dr Roberts given the current state of of the global economic situation and given the fact that we've discussed manipulation here today do you feel at this point in time if you care to give us your opinion on this do you feel that gold represents good value at this price range well um you know in in any traditional context um it would appear that gold is underpriced in us dollars and that seems um to be the intention of the federal reserve and that's why it uses the bullion banks to dump these contracts so on the other hand um it's uh it's kind of hard to have a whole lot of wealth in gold that's not visible and therefore you don't know what the behavior of government toward your holdings might be so i don't think we we have any secure way now to to protect wealth they can destroy it with confiscations and taxes with laws but certainly i would rather be holding gold of silver than than paper dollars that are being endlessly created you can't endlessly create gold and silver and traditionally historically they've always been a store of wealth and in times when paper monies are unreliable silver is usually the means of payment gold becomes a store of wealth that's historically the case and unless there's some reasons we don't know about that have made the historical case in applicable i would expect that gold and silver will continue to serve in those roles in difficult times dr roberts it's been a pleasure to have you on the real money show today we thank you for your time and we hope to speak with you again soon thank you very much thank you i appreciate your interest so uh daren what do you think especially the closing comments right well the important thing to note here is that this is not somebody who's a gold bug you know we talk about this in the gold and silver markets all the time people who are uh planting uh you know food in their backyard and building bunkers to protect themselves from the world economic collapse that's coming this is not uh paul craig roberts as the intro as you said clearly points out this is a man who is part of the reagan administration as the former assistant secretary of the treasury and uh he's also the former editor of the wall street journal and i mean there is real credibility behind what he is saying and i encourage everybody to go buy the book the failure of the lase fair capitalism and that's something that we would all probably agree on when it comes to where we're heading the elitists are controlling this system gold and silver represent roadblocks to their inevitable total control and they are trying to very uh aggressively keep the price of silver and gold down as he said in his interview but along with this there are another uh you know gazillion factors that play a role in determining where gold and silver go so uh the takeaways from this for me were really simple yes gold represents good value traditionally based on where it's been we don't know to what extent the price might continue to be manipulated but if you are an investor these are assets that uh this type of man who's you know a very very well respected individual uh suggest you own as opposed to owning paper assets with you know that are devaluing in value it really doesn't matter though taren it would be when you own gold and silver whether you buy it monthly and put a you know a hundred a month in it two hundred a month a thousand a month and just keep on buying at the price you can buy it store it you really don't have to worry about it in the long term it's going to keep on increasing in value and you're going to protect your capital you're going to protect your wealth against what's happening there's inflation um you know dr rovers talked a little bit about inflation but again in this you know they don't count things like gasoline they don't count food when they look looking at inflation they come up with the silliest things like hotel rooms and secondhand cars it's crazy what was your opinion in the interview i thought you know he's extremely knowledgeable he's smart as you said you know he's not one of these uh nutters this you know running around in a gas mask and with tins of spam waiting for the world to collapse this guy is completely knowledgeable and he's telling you what's happening one of the simple things is that when you look at the economy you look at the stock market the stock market over the last three four years has really gone up tremendously this is due to qe which is quantitative easing where the fed was buying 85 billion dollars a month in crap bonds or whatever they were purchasing to help the banks out the only people that really made money is wall street a lot of the big hedge funds and the extremely wealthy this never trickled down to the everyday uh john you know dough investor who never got his real piece middle class is being eroded right now at a tremendous rate and what you know dr rovers basically said is you know there was four trillion dollars i believe in stock buybacks in the last three four years four trillion dollars that's incredible so what they're doing as the executives are pumping up their own stock to get them you know great bonuses or whatever but this money is being borrowed from the bank at zero there's no capital expenditure there's no equipment the jobs are still manufacturing is still done abroad and he's basically saying that and it's basically saying that this is the unwritten policy of the federal reserve of the us and that's a scary notion and one thing we suggested what could turn it around ownership of of assets like gold and silver so let's take a break and we'll come back with some colored diamonds and go from there and back with more of the real money show the number to start investing one eight seven seven eight silver and the real money show dot com paul let's talk natural fancy color diamonds for sure john love it um i'm really excited this week because i've just uh purchased a beautiful package of natural fancy color diamonds in intense internally flawless uh just to give you a quick idea i have a one four one fourteen fancy intense internally flawless oval a stunning stunning diamond the colors and the scintillation that come from this diamond is incredible uh also in the package is a 120 that's 1.2 fancy intense internally flawless again it's a pair now a pear shape is you know a teardrop is a really really beautiful diamond um it's it's basically a round diamond with an extension and the japanese for example love uh pear shaped diamonds they hold their color as well this is will make a stunning stunning ring or a pendant um you know which will help you design if this is the type of stone that you'd be interested in they're not on the website yet um so it's basically first come first served if you want to give us a call uh at one eight seven seven eight silver we'll be happy to set up an appointment for you one of the other diamonds as well which i love to death it's a one point five two it's over a carina half fancy intense yellow again internally flawless which means there's no inclusions it's oval shape now this one point four five two looks like a two over a two carat stone because of the oval shape once again the colors and the scintillation that come off of this diamond is incredible when i saw this diamond that in actual fact it's an intense to me it looks like a vivid um i've got several other you know internally flawless stones that are in the package but i don't want to go through each one you need to set up an appointment natural fancy colored diamonds are probably one of the best kept secrets as an investment they tend to double every four to five years as according to the stone you buy some of the fancy vivid you know doubling actually every three years some of the all-girl pinks for example tender stones are almost doubling every two years uh fancy stones are doubling every five to seven years so it's a question of what you spend with we've actually also brought some fancy diamonds in starting at just over a carat you can get into the market for just under ten thousand dollars in actual fact we're putting up a 1.01 fancy internally flawless for $9,995 this will make an unbelievable engagement ring would make an unbelievable pendant would be make a beautiful gift you know to put away for christmas time uh for you know mother's day any type of gift this would be incredible as well as being a great great investment every diamond that we sell it guild hall comes with a gia for people that don't haven't listened to this show before gia is a gemology institute of america this is the certification of the stone it tells you every single thing you need to know from the size to the color if there's inclusions in the stone the table the depth of the diamond and a guild hall we go out of our way to buy the best of the best every diamond that we purchase we know somewhere down the road we're going to get back we're probably one of the only companies that don't mind getting back our own stones a lot of people in the diamond business especially in the color diamond business they'd love to show you a color diamond but they say well we don't buy them back we only sell them we don't mind buying back our own diamonds down in the future uh to make money in this market as an investment we recommend a hold of a minimum of five years ten years you'll get a really really good return on these diamonds every diamond we sell comes with an independent appraisal so you know what the market value is we give you a ten-day money bag guarantee we're a canadian company and a family run business we're completely completely transparent on our website go to our website guildhalldiamonds.com call us for an appointment i'll be happy to see you any one of my people in my office whether it's Jeremy whether it's Darren whether it's nicole who's a gia diamond graduate um we'll be happy to sit down talk to you show you diamonds and show you how to invest we also have a booklet of how to invest in natural fancy color diamonds if you would like to get that booklet you can go online or give us a call at 1-877-8-SEILVER that's 1-877-8-SEILVER or go on to guildhalldiamonds.com that'll wrap it for another week it's part of your portfolio it should be that and some gold and silver we're talking about precious metals and natural fancy colored diamonds get on it right away this has been the real money show on talk radio am 640 what if you could have a streaming service that added new shows and movies every day 365 days a 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