Latest / Man in America Podcast / The Banking Cartel NEEDS WW3—Can a Ceasefire Derail the Reset? w/ Collin Plume

Transcript

The Banking Cartel NEEDS WW3—Can a Ceasefire Derail the Reset? w/ Collin Plume · Man in America Podcast

• 0:13
  Speaker 1: Welcome to Man in America, a voice of reason in a world gone very, very, very mad. I'm your host, Seth Hullhouse. So I feel like the the the past week or so has been, like, watching some sort of soap opera drama on CBS when I was a kid. It's like every every day, something crazy is happening. Every minute now, seems, especially with with social media, with Twitter, you go on there, and it's like, oh my gosh.
• 0:42
  The whole world is is on the edge of World War three, and then there's a ceasefire. Then there's not a ceasefire. And, you know, Iran, then, you know, they bomb Israel. And, yeah, I think a lot of us were staying on the edge of our seats because, what was it like, only a week or two ago, we had these no kings protests across the nation, and we're concerned about civil unrest. And you're seeing that, you know, LA is turning into a third world country, which I guess that's been happening for decades now, California as a whole.
• 1:05
  Apologize to all the California listeners, you probably agree with me, that, you know, California is not the the the nice American free place to be. But just looking at all this, I find it to be just confusing. But whenever I feel like I'm confused and watching what's happening in the world, like to take a step back and think, okay. What's really going on here? Well, we know that the the global financial system, right, this debt based, fiat based system that's really tied into the US dollar, this system is nearing its end.
• 1:35
  It's it's we're nearing a place where the the overprinting and the inflation and the debt is just hitting that part of the curve where it's almost going straight up, and it's not sustainable. I it's it's almost like the American government has a credit card that has it's like a 80%, you know, rate on the credit card, and you're only making enough to cover a 5% rate. You have to keep borrowing more money to keep paying your bill just just to pay off the interest on the money that you borrowed, and you can never touch that core balance, that principal balance. And it's that the whole world is is in this this weird place. And I'm not sure how you feel, but for me, it's it just feels weird.
• 2:14
  Like, the the world feels just strange right now. And I and you need this sense that some sort of big change is coming, yet you don't know what it is. And, anyway, so joining me today is my good friend Colin Plume. And what we're gonna be looking at is trying to break down some of the bigger picture aspects of what's happening in The Middle East, but, you know, far beyond that, is is a war is the need for a war to cover up a financial collapse, a global, you know, collapse of this debt based system, which has become completely out of control? And my own research and a lot of the guests I've had on before, like Martin Armstrong or Tom Luongo, I I really trust their instinct when they've kind of put forth this exact same idea is that you have to trace these things back to the banking system.
• 3:02
  Right? As they say, all wars are bankers' wars. And so, even though Trump has been really trying to thread the needle here and trying to figure out how to get some sort of long lasting peace in a region that's really never been peaceful, If the banking's if the bankers and the elites behind these these politicians, if they don't want peace, it's gonna be really hard to have peace. That's just the reality of it. So, Colin and I are gonna be looking at breaking down what's happening with the ceasefire, how that might affect some other things, but then diving into how it affects precious precious metals and so much more.
• 3:36
  So please enjoy the interview with Colin Plume. Colin, it's great to have you back on the show, man. Thank you very much for joining us today.
• 3:44
  Speaker 2: Seth, thanks for having me on. No. So much so much to talk about.
• 3:48
  Speaker 1: Yeah. It it seems like the past three to four days that the the world has been, like, pushed to the the brink of nuclear war multiple times. We finally, you know, you know, got this announcement of of a ceasefire, and then we find out actually, I'll pull up, you know, just a quick, you know, Fox News article that and Israel accuses Iran of violating the ceasefire with missile and drone strikes and threatens more strikes. It reminds me of, like, you know, like, I've got a four year old and a one year old. Like, they're fighting in the room over something.
• 4:19
  I go in there. Like, okay. June, give Grace the ball ball. You know, Grace, give June Yeah. The stick.
• 4:26
  And then it's like, okay. We're settled. And and, like, I go on ten seconds later, I hear screaming again. It just seems like that's that's what's going on over there.
• 4:34
  Speaker 2: I mean, they've they've been fighting for so long. I I I don't know if they know how to stop fighting at this point. And and I think, you know, my opinion, Iran is trying to save face. Right? I think that, you know, they've said that they're gonna destroy Israel, and they're gonna destroy their enemies.
• 4:53
  And and even though, in theory, this is probably gonna end up being you know, this the ceasefire long term is better, definitely better for the people of Iran. It's just they're just so used to pushing this agenda, this hate, and this and and, you know, it's it's it's ideological. Right? I mean, it's not something that can turn you know, so much of their time and energy has been funding these terror groups out there to to try to undermine, you know, democracy and and also Israel and and many other things. So I I don't think you can just kinda turn on a dime, but it it does seem that a lot of it was just to show that they're not weak.
• 5:44
  And, you know, I think the Ayatollah too doesn't doesn't wanna lose power. Right? So I don't I don't think he can just back off immediately because he'll seem weak. And I think he's trying to he's trying to protect his his life his livelihood and also probably protect himself in general. I I wouldn't be surprised if he leaves the country at some point here and and is, you know, on a plane to Russia or or somewhere to to get out because it seems like the there's gonna be a movement there to to take over that government, whether we're involved or not.
• 6:20
  I I just think it's moving in that direction. But it's it's definitely sent some shock waves, you know, through the markets. You know, people are are looking at, you know, safe havens and what to do with their money and, you know, asking a lot of questions. So it's not your typical summer type of dynamic that it's a little slower, and we've seen a lot of movement in the markets. And and, you know, interestingly enough, I've seen a lot of, you know, clients that bought from us during the COVID that said, you know, they're bracing themselves from another potential you know, if we end up having getting pulled into this conflict, they think that precious metals will do really well.
• 7:01
  And and if you look at silver this year, silver's outperformed the S and P. Silver's outperformed Bitcoin this year. So silver's really started to take off, and platinum's also performed really well. So you're seeing these things that I think you and I have been talking about and thinking it's gonna happen, but you're seeing these industrial metals really start to take off. And I think it will continue.
• 7:23
  If we continue to send bombs, silver is a big part of it. They use silver so much of that technology. So I think it's a it's a strategic play for hedge funds and also just regular investors. They see the opportunity in silver right now. So I think it's it's been a it's been a very interesting time.
• 7:41
  Hopefully, we can stay out of this conflict and and, you know, also, hopefully, we we undermine a a nuclear threat, a a pretty dangerous one.
• 7:52
  Speaker 1: You know? And one thing that you know, I guess one place my mind goes to, and and just part of how my head works, is I'm always kinda asking the why. I I got, you know, in trouble a lot as a kid for that. Well, why is that? Well, why is that?
• 8:03
  Like, I I would never, you know, accept just, okay. Here's the answer you must accept. It's like, well, it wasn't good enough for me. And so when I when I think about this this situation, you know, with The Middle East and, you know, I reflect on conversations I've had with people like Martin Armstrong or Tom Luongo or people that I I I have a lot of respect for their kind of overview of what's happening, not just with finance, but more just the intersection of, like, finance, global economy, and geopolitics. Right?
• 8:32
  And so much of what we see happening is is theater. But behind the scenes or, you know, hold holding the puppets, you you get back into the banking industry. And there's been so many voice out there saying that the global kinda banking system built off the back of the fiat dollar as a reserve currency and this overall kind of debt based economy that it's reaching its its its end. Right? Like, every fiat currency has a life cycle, and it's this global financial system is reaching its end and that the bankers and and the the globalists, they need a war.
• 9:12
  Like, they it's like, you know, look at what with Putin. Like, they've been poking him nonstop. Hey. Just press the button. Just press the button.
• 9:18
  Just press the button. Right. Because they they need this war to create a reset. And so it makes me think if if Trump is negotiating a ceasefire, which it seems like there's a lot of hostility even towards Netanyahu, which is interesting. Obviously, there's hostility towards Iran, but it makes me think is is he trying to kinda throw a wrench in the plans of making sure that World War three happens?
• 9:46
  Speaker 2: Yeah. Yeah. That's interesting. And, obviously, there's a lot there's the, you know, military industrial machine too. There's so many companies that profit on us, you know, escalating and going farther and sending more of these what did I see?
• 10:00
  The the b two bomber, each b two cost 2,500,000,000.0 or something to that. So, you know, there's so much profit to be made in us continuing the battle. And talking about the banks, I don't know if you have researched or done so much, but the the BIS, I've done I've been researching more and more, and and I think I'm gonna write, like, maybe a short white paper on the BIS, but I think a lot of people aren't familiar with, you know, where all the, you know, international swaps and trades happen, this BIS. And, you know, they're their own sovereign they are their own sovereign nation. And and so if you look at this kind of institution, you know, this institution does want turmoil.
• 10:48
  It does want conflict. It it's looking for this to happen. And, you know, if you dive in even farther into the BIS, you know, you realize they have their own they have their own military, and they're they're similar to, like, other organizations. They're, like, sovereign in ways where they don't have to they're not beholden to anyone. They have their own set of laws.
• 11:10
  They're protected. So the banking institution, I I I agree with you. I think, you know, is this war is what's happening. There is a lot of this to get our attention off what's really happened, which is that all fiat currencies are in a very desperate and declining situation. And and so that is troubling for bankers.
• 11:34
  They they want people to continue to, you know, have these currencies and keep money in the bank and really kind of focus in this direction. Also, I I don't know if it's just kind of timing, but, you know, this is also when gold is becoming a tier one asset. Right? That's that's gonna happen July 1 too. So gold is is becoming more of the replacement of the dollar.
• 11:58
  And so you have all these things happening, you know, on the forefront in the news. You have these conflicts, but really, you know, The US is still, you know, $37,000,000,000,000 in debt. This new big beautiful bill is gonna increase our debt, they said over ten years by 2,400,000,000,000.0, and that's independent of other debt that we're already accumulating. So sometimes I always wonder, is it a little bit of like the wag the dog situation where we're trying to get our attention away from really the problem, the fundamental problem, which is a simple problem of just overspending. And and I look at, you know, everyday Americans, you know, talking to them about they're still battling the increase in cost of goods that, you know, what happened from COVID and the overspending that we did in COVID and like dumping all this money out there, devaluing the dollar, devaluing their currency in such a steady way.
• 12:52
  So I think it's you know, sometimes I look at these situations as like, is this really the conflict that's what people should be looking at, or are they trying to take their attention away from the bigger problem, which is that really our our debt is out of control, our spending is out of control. And day to day, people are still struggling to to, you know, to put food on the table. You know, the wages are not going up enough. Real estate is in a terrible situation. I mean, that's you know, I I think Powell and Trump after this conflict sort of, like, is not is no longer the story.
• 13:29
  I think Powell and Trump will be the big story that rides the news for the remainder of this year and until, Jerome Powell's out of office.
• 13:37
  Speaker 1: Yeah. You made a good point, though, just in the fact that I think a lot of what we're seeing is a distraction. And not not to say that you know, I'm not I'm not saying that there's not real bombs flying and that there's not real people that are dying, but it it's side of hand. Right? And and you look at the media and and the the infighting and all this stuff that's happening.
• 13:55
  But I do agree, though, that it's like, you know, a couple weeks ago, all this discussion was on the big beautiful bill, and you had Elon Musk who's very anti big beautiful bill, Trump who's very pro, yet everyone kinda divided in the middle. But a lot of people were saying, look. This is just gonna increase our debt exponentially. And it makes me wonder like, makes me wonder, is there something that they know that we don't know? Right?
• 14:21
  And I've I've heard a lot of different theories, ideas. I'll probably do a a big a big show on this soon about all these indications that the that the elites perceive that there's some sort of massive geo kinda geophysical event coming, like a pole shift or something. And if there's all these kind of things being put into place to account for that, it makes me wonder. It's like, do they know that something bigger is coming? Like, there's there's, like, a a bigger shift coming, and and everyone's trying to get out in front of it.
• 14:51
  Mhmm. But I guess, you know, we won't know until we know. Right? We won't know until we we see things because secrets of the secrets of the secrets have always been kept from us. And it just seems like there's just there's something like, I don't know.
• 15:04
  Is there something something about the world today that I I feel that maybe you do, maybe you don't, but it's just that Yeah. It's like we're almost living in, a Truman show or something like that. Yeah. Or what what do you think?
• 15:13
  Speaker 2: Well, they, yeah, they got rid of the penny. They got they're gonna the next like, I think psychologically, like, getting rid of the penny, and then it's just like they're just gonna go farther away from cash. You know, people are are they're gonna try to get dollars out of circulation. And and, you know, it's just another level of government control. Right?
• 15:34
  I mean, that's tip that's what's happening. I mean, the fact that they don't want money circulating, they want everything to be a digit, which basically mean the banks would have control and then the government. Like, you'd have no control of your assets. And that's why I think until you have physical metals in your hand and you hold it and you go, okay. I actually have some I have some wealth here that can't be touched, that's outside of the control.
• 16:04
  And you're seeing states, you know, like Florida now making gold money and Texas, like, these places, they're they're the states are sort of moving in the opposite direction and trying to give people a little bit more control, and then but the federal government is really trying to control where your money is going and having access. You know, think about it. If you had all your money tied up in, you know, bank and places that you can get access to, they can they can put a hold on it for whatever reason, whether it's true or not. They could decide that you owe more in taxes. They could do a lot of things.
• 16:38
  So I think that there's like behind the scenes, there's this movement away from having any physical money, having anything that you hold, because it gives them just more access to tax you or or penalize you. You know? And and everybody sees these things happen, you know, day to day, you know, and unfortunately, people have had, you know, where their wages are garnished or their, you know, their situation is like, well, you know, how do people live if the government has access to all your money? And so that's another thing that a lot of people tell us is like, they really like the idea of like having some money, some wealth sort of away from the government. And and if things really get bad, it gives them the flexibility to go somewhere.
• 17:20
  So if all your money's in the bank, and let's say you have a dispute with the US government, you try to go somewhere, they're just gonna freeze your accounts. You're not gonna have access to that money. They're just gonna freeze it, then where are you gonna go? How are you gonna how are you gonna flee? And and you see it a lot of times in some of these countries.
• 17:35
  You know, you've seen in Lebanon. I know some people that fled Lebanon, wealthy people, and they were not able to take any of their money out of the banks. So there were people that had businesses in Lebanon living there and then had to move to The US to to finally get out of there, and they basically came here with nothing. And I actually met a friend of a friend that came here and we just so happened to be moving and we had some furniture and they like, we're moving into an apartment. They had no money.
• 18:02
  They had like literally just the cash. They had just a little bit of cash. And so we helped them. We gave them some furniture to kinda get started, and they came here and started a business and, you know, things are happening. But, you know, having all your money tied into the bank is a little scary because it does give the banks and then the government two entities that you don't want controlling your money access to to freeze it or hold it.
• 18:27
  They told me something interesting when they were fleeing Lebanon at the bank, if they had, like, $10,000, the bank would say, well, we'll give you a thousand of you know, that's all we can they would just give you a fraction. And so they took whatever they could, got in cash, and then just fled out of the out of Lebanon. You know, these things can happen anywhere. I mean, once you have the banks in control, the government in control of all of your currency. So it's I think there's things happening behind the scenes.
• 18:56
  I think the first thing with the penny and I know the penny didn't make sense because it costs 3¢ to make 1¢. But fundamentally, you know, like, having a currency outside of the control of a digit or online, I think, is is a good thing. So it does make me a little concerned that they're going away from it.
• 19:13
  Speaker 1: Oh, me too. But, also, if you look at the even under Trump, there's been this massive advancement of AI infrastructure, you know, project Stargate. Think it was like, you know, half a trillion dollar investment, you know, with Neri Ellison and Sam Altman. But also then looking at a lot of the things that we've been covering recently about Palantir. And that's you know, Palantir because it seems like that, you know, through Elon and through Doge, Silicon Valley and and these big kinda these tech this tech empire got access to a lot of the data and information of the American people, through through Palantir and kinda building a safer way and easier way of managing our country.
• 19:55
  But, you know, to me, that that really starts to paint the the kind of early picture of some sort of technocratic state where it's like, you know, you think that, okay, whether it's taxes or anything. If you've got AI that is, you know, in in some sort of centralized database that is monitoring, you know, everything from our conversations to our GPS movement to our bank accounts, the the flow of our money, like, everything that they're they're digitizing, everything that that that that basically this this data that's stored on a server somewhere, that becomes the greatest weapon and the greatest, greatest threat to our, you know, our freedom, really.
• 20:37
  Speaker 2: Right. I agree with you. Yeah. And I think, you know, when you look at control, you know, as much as some of these technologies will make things easier, we lose a little of that autonomy that I think most people want in their lives. You know, when I started looking at crypto initially, you know, there was these ideas of people getting access to their data that they would control, but then it sort of it mutated to, well, it'll just be on the blockchain, and the people will have more access.
• 21:10
  Well, you know, my my health information, a lot of these things, I I I don't want it on the blockchain. I don't I don't want other people to have access. And I know they say there's a closed circuit, and they could do all these things. But ultimately, you know, a lot of these data points are gonna be used to either say I can, you know, get insurance or not get insurance or maybe, you know, bills could go up or things could change or they could maybe they charge me more because I make more, right? They have information about me.
• 21:38
  So a lot of these things, I think a lot of the stuff with crypto, think started as good ideas, even Bitcoin started as good ideas, but now have sort of moved into a place where it just gives more control back to tech, which I think is what you've been saying. And those things do make me concerned for me, but more probably more importantly for my kids because with them being on social media, I mean, they're not yet, but, you know, who knows what's what'll happen in the future. And then just this, you know, mutation of data, you know, and then data points and, you know, facial imagery, it it becomes quite scary for for an everyday person that you're kind of losing control of your your identity. There's, you know, there's this big case with Disney where they're talking about, there's this lawsuit we're just talking about, you know, they just want to move to to kind of AI in terms of movies. You know, there's all this movement now where they because they think they can save all this money, which I guess in theory they do, but, you know, paying people to be actors, like, creates jobs and it circulates money.
• 22:43
  You know, if they if they're able to create a movie and not pay anybody, it just gives all the money to that that one organization, which would be Disney. So yeah, so I think these are things that I sort of look at and, you know, and also just to go, you know, talk about silver a little bit more, I was, know, doing some research and sort of looking back at, you know, because there's been there's gonna be a 170,000,000 ounce shortage this year. You know, peak silver in terms of production, they say is 02/2016. And I think that's pretty telling that that's where they think the peak is. Also, if you look at the price, price of silver was pretty flat from 02/2016, and it really didn't start moving again probably till about mid two thousand twenty.
• 23:30
  And that set a signal to the mining community. See, the mining community really has decided only recently that silver again is a good place to mine because we're starting to see some price movement. But if you if you look at silver miners, this is why silver is such an interesting investment. If you look at silver miners, it takes them ten to fifteen years from start to finish to pull silver out of the ground. And so I think there's gonna be even more shortages of silver because once silver hit its peak of 50 in 02/2012, and basically went on a huge decline, Silver mining dropped consistently.
• 24:12
  And so you had this peak in 2016 where they found the 900,000,000 ounces, but ever since then, it's been in 800,000,000 number pretty consistently and it could hang there. Maybe it it drops a little bit from there. But if you look at the shortage that we've seen, yeah, if you look at the price, 2,016, it was pretty flat. You're looking at $15.16 dollars. So the silver mining community just, it wasn't profitable for them.
• 24:38
  Now, you know, coming in at 36, 37, 38, I think they're gonna start doing some silver mining again, start the production again, but it'll take them ten years to to catch up. So that's why I think, you know, and I I talked about it in my book, Seth, which which I know you you looked at, and and, you know, I I sort of had this number of 36, 37 on my radar this year just because of the shortage. And that was even before I thought about any of this military consumption that we're gonna have. And the military consumption is pretty high. You have submarines, destroyers, and you have silver heavy, you know, munitions.
• 25:21
  You know, you have the the the missiles, Tomahawk, you know, all these things, advanced radar systems, they all use silver. So if we're gonna be in this, you know, quasi war for the next, you know, year or two or three years, the silver consumption could get pretty could go up pretty steadily just just in The US, just in terms of military consumption.
• 25:43
  Speaker 1: Well and so I wanna pull this chart back up and just ask you a few questions based on this. So looking at this chart, I wanna just see if I'm following something that you're telling me here that I know we we we've we've talked about. So, obviously, we saw this huge peak late two thousand ten, right, approaching a $50 an ounce in silver. That when that came back down, hitting a low in 2015 basically, from 2015 to 2020, it was frozen. Right?
• 26:14
  You know, between $15.20 bucks an ounce. Like, there there was very little movement across that period. And then, obviously, you know, COVID hit. We saw a spike. It went to close to 30.
• 26:25
  And now we're seeing it, you know, regularly now, you know, trading above 30, hitting 35, 36, 37. So and I correct the understanding that, like, starting, say, 02/1617, with silver at such a low, did a lot of companies pull back on silver mining and shift into gold and and and other kinds of mining? Because if it's like, you know, if I was a silver miner and I went from 2010 being silver at almost $50 an ounce to now it's consistently at, say, $17 an ounce. I might be thinking, okay. How much money can I really make doing this?
• 27:02
  And so Yes. But but then so we saw a lot of mining companies kinda shifting, but now that we're seeing silver spiking again, but also we've got the AI arms race. We have the continued, you know, mill you know, military industrial complex pumping out weapons of war, which will probably be increasing. We're probably already increasing as we speak. So is that gonna create a situation where, as you mentioned, that silver mine takes ten, fifteen years, right, to get going?
• 27:30
  So do you think that we're gonna see a situation where or are we already seeing a situation where we're seeing massive shortages in silver versus what the the overall market is demanding, especially for just, industrial use.
• 27:45
  Speaker 2: Yeah. And if you look at it, if you look that chart's a good example because, silver miners were saying that in 02/1112, that silver production was gonna cost 20 to, you know, $25 an ounce. And so once silver broke down to $15.16, they were just they just shut down. There there'd be no reason to buy. There's no profit.
• 28:11
  And so it it it always works in in ten year cycles because if you go back to 02/2001, the price was, like, I don't know, $7 for silver. It started to move up, and then they started in 02/1932. They're like, okay. We better start mining silver. They started mining silver in the '20, very profitable for them.
• 28:31
  And then it hit that peak of 50, and they're like, okay. And then it starts to dwindle down, and then it gets below the cost to mine. And then so you have, you know, from 2013 to 02/1819, just no interest in silver mining. So I think it started to pick back up again in 02/2020, 02/2021, 02/2022. I think they're gonna they're gonna start to mine, but it's gonna take them until 2031 and 02/1932, sometimes longer.
• 29:03
  It can take fifteen years for a new mine too. So you look at the catch up, and it's just, you know, it's just business. These miners will just shift into what exactly you said. They'll start mining gold. They'll start mining other elements, you know, other things that they can that they can pull out of the ground.
• 29:21
  They they have to be profitable. And and mining gold is much safer, you know, in terms of long term. It's a it's a much safer asset in terms of price. So the mining community in silver right now is like, okay, we're in, we're looking good. If we have any mines coming up in the next two to four years, we're going to be probably significantly profitable.
• 29:43
  And then, you know, depending on where price goes, and then you just look at labor costs, and all of those tools, everything has gone up. So, you know, I predict that we'll see in the next five years, like, you know, to pull silver out of the ground, I think we're gonna see it anywhere from, like, 30 to $34 an ounce, and that'll lead us to a price of, you know, above ground in the $50.55, $60 range. And that's that's pretty normal to have that kind of spread between what the mining is and and what they pulled out of the ground and what what you can buy for above ground. So it's a it's a interesting game when you look at mining and, you know, but you really have to be thinking long term. And if you go to a lot of these, you know, conventions that that for mining and you you look at Robert Kiyosaki and you look at all these guys, he keeps just holding up silver and silver.
• 30:38
  So I think there's a pretty massive opportunity right now just because of the lag time to pull silver out of the ground. And then, you know, I think if you couple that with just overall, you know, fear in the equity markets, I still think we're gonna see that kind of push on the retail buyers into the silver market. So it's it's it's something I look at. Those charts are obviously very telling. And, you know, sometimes you have to be patient.
• 31:05
  You know? Sometimes you have to look at it and go 36 silver. You know? What how long will it take for me to double my money? And I think that, you know, I I I would be surprised if we don't see silver pushing fifty, sixty in the next four or five years.
• 31:22
  And then who knows? If the shortages continue and it becomes if you see silver mining where they say we can only pull 700,000,000 ounces out of the ground or or less, then we're gonna have a few 100,000,000 ounce shortage in silver. And I think that'll that'll just increase the price. Because places like the military, they're they have to have it. So they're just gonna continue to pay whatever they need to get that silver.
• 31:48
  They're they're not there's no price that they're not gonna pay if they need it for the military. So these are things this is the great thing about it is, like, tech, military, solar, all these things, they have to have it. So they're gonna pay $50.60, $70.80 dollars an ounce. It doesn't matter. They're still gonna pay it no matter what the price is.
• 32:07
  Speaker 1: Because, basically, even if it becomes say, it's costing them $35.40 bucks to pull it out of the ground, they they can't just say, okay. Well, I quit. You know, they're gonna have their customers coming, you know, these these massive buyers of Lockheed Martin and and Boeing and, you know, solar companies, you know, Tesla, you know, different Elon Musk's companies. So they're gonna have to say they can't just stop making it. They're gonna see that that the price will continue to go up and and that the buyers of silver will have to continue.
• 32:37
  They they have to keep buying. They can't just it's not like it's Right. They're buying silver jewelry, which is just something that's purely for Right. Aesthetic purposes. I think these are hardcore industrial use cases for silver.
• 32:50
  Speaker 2: Yeah. And the only thing that could that could help in the the supply shock that we're seeing in the deficit is recycling, and and only 6% is recycled. So you'd have to see recycling go up pretty considerably to help with that deficit. And and a lot of times, you know, it doesn't make sense to pull the silver out of the product. Well, obviously, any of the military products are not gonna pull it out of.
• 33:19
  People don't recycle silver. They don't feel that impetus like they do with gold, right, because the price is so high in gold. So I think that the only way you don't see this happen is that silver recycling would have to get ten, fifteen, 20% of the supply, and we just don't see that movement. It was at recycling was at three or 4%. It's gone up to 6%.
• 33:43
  So it hasn't moved up pretty steadily. But if you look at gold, relatively speaking, there's a pretty significant number of gold that's out in the world that gets recycled just because where the price is.
• 33:53
  Speaker 1: And so kind of taking the the the just the big picture look at all this. We have this you know, you know, we're kinda on the edge of World War three. And as much as it's great, okay, there's a ceasefire, I I don't expect that to to last very long. I mean, it it just it's just the nature of things. Not to mention that, you know, I I really believe that the the banking industry and the people pulling the strings of a lot of the the heads of government, etcetera, they they need to have a war because Yeah.
• 34:21
  Like, look look at the, the the euro and the European economy and the the various countries over there that are just, like, completely struggling, not to mention The United States where, you know, we're being told that, oh, inflation's at, like, record lows, and it's like, I'm going there to buy something. It's like, oh gosh. Like, this this pen, you know, I used to buy these things for 10¢ apiece, and now they're they're 80¢ apiece. Right? You you go go to the grocery store and, you know, candy bars that used to be, you know, 25¢ or 50¢, you know, are now $2.
• 34:52
  And that's just the small thing. I mean, it's it's like, I got a quote recently on some HVAC work from my house, and it's it was, like, $25,000. It's just like, how is this stuff so expensive? Now I'm doing it on my own, so I'm gonna save, like, I don't know, $15,000 by just doing it myself and learning how to how to do all this stuff. But the point is is that it just feels like that we're we're constantly being told everything's okay.
• 35:16
  We're good. We're gonna enter, an era of peace and prosperity. Yet every indicator shows that this entire system is is nearing some sort of reset. And then you have the technocratic perspective of all this advancement in AI and and control over over the people and everything. And it just, like, kind of coming back to it as I think through all these different things.
• 35:43
  It's like I I always just arrive on this the place of that. Yeah. Like, this 10 ounce bar of silver right here, I'm holding it in my hand. It's not traceable. Well, it was not traceable because I'm putting it on camera.
• 35:54
  So they're okay. You know, someone's kinda taking note of this interview and says, okay. Seth's got a 10 ounce bar of silver on his desk. Right? Right.
• 36:00
  Yeah. But it it just it just not traceable, and it can't be it can't be. Right? And this is what and when you look at different economies or you look at countries that they do have collapse type scenarios, whether through, you know, conflict or civil unrest or whatever it is, you know, you go back to bartering. And that's my perspective is that it's it's it's more of an insurance policy.
• 36:21
  Like, that's what it is for me. It's it's not a get rich, you know, quick scheme. It's just an insurance policy.
• 36:27
  Speaker 2: Yeah. Absolutely. And and and I just wanna say that just as an idea that came, and I and and I'm I'm not saying that president Trump doesn't want peace, but I was just thinking that he's really pushed for for power to lower rates. And the you know, I just thinking back to nine eleven when they dropped rates because we you know, nine eleven went into war. Like, I could be an argument that if we go to war, maybe he has more of an opportunity to get rates down, which is something he pushed for.
• 36:59
  Now I'm not saying he he's doing that, but it just made me think of nine eleven because it was like, okay. We're at war. What are we gonna do? We have to drop rates. Right?
• 37:08
  I mean, that was, like, the first thing they did. They dropped rates to and they never moved them back up. And, you know, obviously, he's he's, you know, been pushing pretty steadily to to get rates down. Whether that's gonna bring the thirty year mortgage down, time will tell. I think he'll have to find I think he's gonna have to pull some other mechanisms to get the thirty year mortgage down more than just lowering rates.
• 37:30
  But, yeah, to your point, like, something physical, something that people understand. I mean, I think people are surprised when I say that silver's outperform Bitcoin and the S and P this year. It's like it's like not the story that that people are talking about. And and, you know, obviously, they're talking about gold last year, and now silver's making a play. Obviously, you have that 90 to one gold to silver ratio, which I think will still get to 70 to one.
• 37:58
  70 to one is silver sitting at $46.47 dollars an ounce. So there's a lot of a lot of ideas and ways that silver get to 46 to 48, you know, any of the scenarios that we talked about. But the the idea that people want something physical, they can get it, they own it, that's really the thing that I think most Americans are are looking for in this really kinda turbulent, environment that we're in.
• 38:27
  Speaker 1: I agree completely. So, Colin, as we're wrapping up, your company, Noble Gold, if somebody wants to, you know, kind of transfer, say, an IRA or a four zero one k or even just, you know, an outright cash purchase, what's that process look like if somebody wants to move and and allocate some of their assets into precious metals, which is my belief. You know, look. I'm I'm not a financial adviser. Do your own research.
• 38:52
  However, like, this is probably the only place I feel safe. This and, you know, land, but land you're taxed on. Right? So Right. Know, just these these poor values.
• 39:01
  Speaker 2: And there's, you know, there's with land, which I I believe in land too, but there is tax. And until you can turn it the land into a use that makes sense, it's it's sort of a burden too, right? Like, until it's either you resell it at a bigger price, or you put you farm on it or, know, whereas with silver, the net cost of holding it is is nothing. Right? You just have a safe.
• 39:26
  So people sometimes forget that it's one of the best things about holding a physical metal that is great in this environment is that there's just no cost to to have it. Right? And and there's and it's easy to liquidate, whereas land isn't always easy to liquidate, especially in this environment. It's not that easy to liquidate real estate in general. With, you know, the most homes ever on the market as of today, there's a lot of opportunities for buyers.
• 39:56
  So I think it's just liquidity purposes. Precious metals are great. So, yeah, everything with us is quick. You call, you talk to a live person, we walk you through the process, you fill out that form, or you can call and just say, hey, I heard Colin and Seth, know, do you guys have any specials going on? How does the process work?
• 40:13
  But basically, you could have everything done in five minutes. And, you know, an IRA usually takes, you know, one to two weeks to roll over. And then you'd be in precious metals. And the great thing in an IRA is it's yours, you own it. You know, you're the person in charge.
• 40:32
  We help you with the precious metals, but it's a self directed IRA. So you're in charge of all the decisions in there. You know, our fees relative to like a four zero one k and all that are substantially lower. And, it's just a great way to hedge your bet in this kind of turbulent environment. And, and then also, if you wanna get, you know, shipped to your house, we can we can do that too.
• 40:54
  That takes five minutes also to do that.
• 40:56
  Speaker 1: Perfect. So we've got a website, goldwithseth.com. It takes you right here to the site where you've got a basic form you can fill out. Real simple. There's a free, guide there as well.
• 41:07
  Or the phone number (626) 654-1906. All that information will be in the show description as well. And and, again, look. I'm not a financial adviser, but just just like, my overall gut feeling when I look at the world today and just how divided and how much chaos there is, this, I think, is one of the safest places, you know, for me, and this is how I'm doing it with my family, that if something happens, I have this just this insurance policy. And and that's, you know, like, yeah.
• 41:33
  Okay. Don't go sell your house and and get a mortgage in your house to go buy some precious metals, but make sure you've got something. Right? Like, if you have a $100,000 in an IRA, hey, take 10 out. Move 10 into silver and gold just as that insurance policy.
• 41:48
  So, anyway, that's my those are my thoughts. But do you have any closing comments, Colin?
• 41:52
  Speaker 2: No. I I I think, you know, listen. It's it's, you know, one of those times in history where there's just so many unprecedented things happening. And then we didn't even get into it, but the tariffs the tariffs are supposed to come back in a few weeks too. And so that is obviously gonna have an effect on on the markets too.
• 42:12
  So there's just a lot happening right now. But if anybody wants to learn from us, you're gonna talk to a live person, have a conversation, no pressure environment, feel free to check out our reviews. We're we're a family business. We wanna earn your business. So I love to chat with you and and see if it's, you know, the right fit.
• 42:30
  And we have a gold guide, a silver guide, a platinum guide, so we can send all that stuff to you for free. So just give us a call and and, you know, mention that you heard us on on the Man in America and and Seth show.
• 42:42
  Speaker 1: Well, Colin, thank you again for coming on, man. It's always good speaking with you.
• 42:46
  Speaker 2: Thanks, Seth.
• 42:47
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