Latest / The Bullion Advantage | Wealth Protection, Politics and Finance Insights From The #1 UK Gold Dealer / Are Silver & Copper About To Surge? + Major Institutions Flock To Gold

Transcript

Are Silver & Copper About To Surge? + Major Institutions Flock To Gold · The Bullion Advantage | Wealth Protection, Politics and Finance Insights From The #1 UK Gold Dealer

• 0:00
  SPEAKER_00: This could be a very big deal for your money and your overall wealth.
• 0:05
  SPEAKER_00: Wall Street is waking up to gold.
• 0:07
  SPEAKER_00: Fidelity Intern has doubled its gold holdings, while Goldman Sachs is predicting gold to reach$4,900 by the end of the year.
• 0:15
  SPEAKER_00: But why should that matter to you?
• 0:16
  SPEAKER_00: Well, when some of the world's biggest financial institutions start increasing their exposure to gold, it could signal that they're preparing for changes in the financial system.
• 0:26
  SPEAKER_00: And these changes could ultimately affect the value and purchasing power of the money that you hold directly.
• 0:31
  SPEAKER_00: But here's where it gets really interesting.
• 0:33
  SPEAKER_00: For decades, gold was seen as the enemy of the US dollar.
• 0:37
  SPEAKER_00: Now, there are signs that a higher gold price could actually work in America's favour.
• 0:41
  SPEAKER_00: So what's changing?
• 0:42
  SPEAKER_00: What are the big institutions buying gold for?
• 0:45
  SPEAKER_00: And what could it mean for the pounds in your bank account and the wealth that you've spent years building?
• 0:50
  SPEAKER_00: In today's episode, we're gonna look at what's driving this new phase in gold, and most importantly, what it means for you.
• 0:57
  SPEAKER_00: And by the end, you'll understand why the behaviour of the world's biggest financial institutions could be something every gold buyer and saver should be paying attention to.
• 1:06
  SPEAKER_00: Before we get into it though, please do remember to like and subscribe if you're listening on YouTube, and if you're listening on Spotify or Apple Podcasts, please do follow the show so you never miss an update.
• 1:17
  SPEAKER_00: Just before we start the podcast, a reminder that our competition to win two ounces of silver is still open, and this is the last time I'm gonna mention it on the podcast.
• 1:27
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• 1:29
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• 1:46
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• 1:49
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• 1:56
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• 2:04
  SPEAKER_00: Again, don't worry, all the details are in the description below.
• 2:07
  SPEAKER_00: Good luck, and let's get into today's episode.
• 2:09
  SPEAKER_00: Harry, it's great to have you back on the podcast.
• 2:11
  SPEAKER_00: Thank you so much.
• 2:12
  SPEAKER_01: Hello, how are you, Jake?
• 2:14
  SPEAKER_00: Yeah, very well.
• 2:15
  SPEAKER_00: Good to see you again, mate.
• 2:16
  SPEAKER_00: Let's start with something that I think should get everyone's attention.
• 2:19
  SPEAKER_00: We've had central banks buying gold for some time, but now we're seeing other major financial institutions getting involved too.
• 2:26
  SPEAKER_00: So is this a significant change in the gold market, do you think?
• 2:29
  SPEAKER_01: Yeah, 100%.
• 2:30
  SPEAKER_01: I th I think it's uh significant because it suggests gold is moving beyond being simply a central bank asset.
• 2:36
  SPEAKER_01: I think when large financial institutions increase exposure, it can really indicate professional investors and they're becoming more concerned about inflation and currency risk and debt levels and well the financial system uncertainty.
• 2:50
  SPEAKER_00: Yeah, exactly that.
• 2:51
  SPEAKER_00: And Fidelity International as well.
• 2:53
  SPEAKER_00: That's a for people who don't know, a global investment management company.
• 2:56
  SPEAKER_00: They provide financial services, retirement expertise, and investment solutions to well, individuals and institutions.
• 3:03
  SPEAKER_00: So they've reportedly doubled their gold holdings.
• 3:06
  SPEAKER_00: So what does a move like that tell us?
• 3:08
  SPEAKER_00: And why would a mainstream financial institution suddenly want to buy more gold?
• 3:12
  SPEAKER_01: I think the initial point is it's really a question of whether this is becoming a long-term institutional reallocation toward hard assets.
• 3:20
  SPEAKER_01: I wouldn't necessarily interpret one institution's move as proof that everyone is preparing for it.
• 3:24
  SPEAKER_01: Okay, but if a major mainstream investment manager is materially increasing its gold holding, it's telling, isn't it?
• 3:31
  SPEAKER_01: Very much so.
• 3:32
  SPEAKER_01: I I I think that's it.
• 3:33
  SPEAKER_01: As we always say, don't listen to the smart money, do what the smart money is doing.
• 3:38
  SPEAKER_01: Because whilst they're telling you to open up their bank-based products, they are moving heavily out of markets.
• 3:43
  SPEAKER_00: Exactly.
• 3:44
  SPEAKER_00: So true.
• 3:44
  SPEAKER_00: And Goldman Sachs also, they're forecasting$4,900 an ounce by the end of the year.
• 3:50
  SPEAKER_00: That's that would be quite a significant rise in the price of gold.
• 3:54
  SPEAKER_00: What do you make of forecasts like that, especially when they're coming from a massive investment bank?
• 3:59
  SPEAKER_01: I think I think it's natural.
• 4:00
  SPEAKER_01: I mean, look, gold provides diversification, whether that's on a retail level or uh uh an industrial and commercial level.
• 4:06
  SPEAKER_01: I think it's the it doesn't depend on the solvency of companies and it gives them more instant liquidity.
• 4:11
  SPEAKER_01: I mean, we we've spoken about it in the Middle East and how the Middle East have used their gold as the liquidity they've needed to ultimately fund the war.
• 4:18
  SPEAKER_01: I I think they're always interested in forecasts from places like Goldman Sachs in terms of they have enormous research teams and access to huge amounts of market data, but I wouldn't treat any price target as a guarantee.
• 4:30
  SPEAKER_01: I think they're saying the right things and are forecasting the growth.
• 4:34
  SPEAKER_01: The reason we always like it when banks and institutions like that do it, they don't like gold, they don't want you having your money outside the system, they don't want you having hard assets, they want to leverage the money.
• 4:44
  SPEAKER_01: In fact, if they want you to have gold, they probably want it in an ETF where they can move it about and manipulate it as much as they can.
• 4:50
  SPEAKER_01: But I think it's a very good signal for the market.
• 4:53
  SPEAKER_00: I'd say so.
• 4:54
  SPEAKER_00: But someone listening might quite reasonably say that's all super interesting, but what does Fidelity or Goldman Sachs buying gold have to do with me?
• 5:02
  SPEAKER_00: What's it got to do with my wealth?
• 5:04
  SPEAKER_00: What would you what would you say to them?
• 5:05
  SPEAKER_01: This is where we simplify it for a lot of people.
• 5:07
  SPEAKER_01: You don't need to copy what a major institution is doing.
• 5:10
  SPEAKER_01: I I think that's the the big thing.
• 5:12
  SPEAKER_01: So we rattle off the likes of uh Citigroup and Goldman Sachs, JP Morgan, Morgan Stanley, all these Deutsche Bank, these massive names that everyone's heard of, even if you don't know what they do, you've heard of the company, yeah.
• 5:24
  SPEAKER_01: And I think the the key less lesson for investors or individuals is look at how the professionals are handling this market, they're day in, day out trying to navigate it and work their way through it, and even they're going bloody hell, maybe maybe we need to protect what we're looking at right now, maybe we need to reset the the system.
• 5:44
  SPEAKER_01: And I think that's telling that it's coming.
• 5:46
  SPEAKER_00: Yeah, looking in a broader lens, the behaviour of these major institutions.
• 5:50
  SPEAKER_00: Do you think that could be giving ordinary savers like you and me any clues about what's happening in the wider financial system?
• 5:57
  SPEAKER_01: For sure.
• 5:57
  SPEAKER_01: I mean, look, the goal isn't necessarily to get rich from gold, and and that's again on a retail or a commercial level, but what it is to do is to build a portfolio that can survive turbulence ultimately.
• 6:07
  SPEAKER_01: It's been a choppy year in in a lot of markets.
• 6:10
  SPEAKER_01: Absolutely.
• 6:10
  SPEAKER_01: It's going it's very odd, not odd, but we we're seeing this Twitter space where it affects markets daily.
• 6:18
  SPEAKER_01: You've got people like Trump and Musk making the the dial move on a tweet, and then you've got countries still at war with each other whilst trying to produce business at the same time.
• 6:28
  SPEAKER_01: I I would look at the patterns more than just the the individual trends at the moment.
• 6:32
  SPEAKER_01: The patterns are big economists, big stockholders, big hedge fund managers are liquidating assets and going back to holding physical assets.
• 6:40
  SPEAKER_01: We we should really be saying is what they're looking at for sure.
• 6:43
  SPEAKER_00: And thinking about the future, you know, is there a danger that again, ordinary people like you and me, people tend to start thinking seriously about the price of gold once it's already gone up, you know, and once institutional demand has already pushed the market and raised the gold price, yeah.
• 6:58
  SPEAKER_00: Could it be too late for people?
• 7:00
  SPEAKER_01: The amount of times you'll hear, Oh yeah, I've been looking at this for a couple of years, or I wish I'd done this a couple of years ago, my friend's done really well, answers you here all the time.
• 7:09
  SPEAKER_01: And then it's followed up, well, yeah, I've missed the boat now, haven't I?
• 7:12
  SPEAKER_01: And and trying to get into people's head, and the best way we do it is compare it to the property market.
• 7:16
  SPEAKER_01: When has property ever not been at an all-time high?
• 7:19
  SPEAKER_01: True.
• 7:19
  SPEAKER_01: When is it ever when is anything in this world in fact not been at an all-time high?
• 7:23
  SPEAKER_01: What we're saying is just get out of something that's more manipulated than not.
• 7:27
  SPEAKER_01: I mean, that that's the problem with having any money with a bank is that the exposure and the risk.
• 7:33
  SPEAKER_01: We're trying to limit risk.
• 7:35
  SPEAKER_01: Everyone in the world right now is trying to limit their risk.
• 7:38
  SPEAKER_01: And and by leaving it with someone else to control, whether that's an FA, whether that's the banks, whatever, you're opening yourself to risk.
• 7:45
  SPEAKER_00: It's it's the bottom line.
• 7:46
  SPEAKER_00: So true.
• 7:47
  SPEAKER_00: And we've talked about it before, but um, you know, the idea that major financial changes can happen slowly over several years and then suddenly accelerate, that's happened so many times in the past.
• 7:59
  SPEAKER_00: And do you think that's what we're maybe seeing in the gold market right now?
• 8:03
  SPEAKER_00: Do you think we're at the beginning of maybe a big move up?
• 8:06
  SPEAKER_01: I I I think that's it.
• 8:07
  SPEAKER_01: I think this is where sometimes you lose people because you talk about this crash coming, this crash coming, this crash coming, and people are going, Oh yeah, but when's it actually gonna happen?
• 8:15
  SPEAKER_01: It is no different to 2008 when that day comes, like any insurance policy, you're gonna wish you had it in place before the crash happened.
• 8:24
  SPEAKER_01: So it's as simple as that.
• 8:26
  SPEAKER_01: Do not question, oh yeah, but it might happen in three months.
• 8:30
  SPEAKER_01: That's the reason we have insurance, yeah.
• 8:31
  SPEAKER_01: That's the reason we protect ourselves ahead of time.
• 8:33
  SPEAKER_01: So, yeah, it is gonna happen, and yes, we do see gold continuing in this manner.
• 8:38
  SPEAKER_01: I cannot tell you that as a guarantee, no, but individually, from a company point of view, we are doubling down right now.
• 8:45
  SPEAKER_01: It's an important time to know that.
• 8:47
  SPEAKER_00: Yeah, and speaking of doubling down, I do want to switch the topic just a little bit.
• 8:52
  SPEAKER_00: Everyone at the moment seems to be talking about AI, and I think it's something that our audience does need to be paying attention to.
• 8:58
  SPEAKER_00: Yeah, but if you're trying to protect your wealth, like many people who are listening are, you should definitely be paying attention to the metals needed to actually build the AI economy, and these are silver and copper.
• 9:10
  SPEAKER_00: Yeah.
• 9:11
  SPEAKER_00: So, how important would you say silver and copper are in this conversation?
• 9:14
  SPEAKER_01: Do you know what it's been uh really I mean, we've dealt with silver for years.
• 9:18
  SPEAKER_01: I mean, yeah, I mean, gold's our staple, most people look at us for gold, but uh we of course deal with silver as well.
• 9:24
  SPEAKER_01: The the the bottom line, Jay, people call us and ask for three things growth, tax efficiency, and safety.
• 9:31
  SPEAKER_01: That's it.
• 9:31
  SPEAKER_01: They want their money safe, they want to not give the government any more than they already are, and they want to watch it bloody grow.
• 9:37
  SPEAKER_01: That's it's a simple fact.
• 9:38
  SPEAKER_01: You you don't work so hard for your money for it to not go anywhere.
• 9:41
  SPEAKER_01: Now we're also dealing with copper.
• 9:44
  SPEAKER_01: Now we're almost seeing this as like the IPO of copper.
• 9:46
  SPEAKER_01: This is the first real time it's gone from plumbers putting it in your in your bathrooms at home to gigafactories having to be built mostly with copper, the chips in them require copper, silver as well, EV, electric vehicles, every single car.
• 10:01
  SPEAKER_01: They've banned diesel cars, everything's going electric.
• 10:05
  SPEAKER_01: It just shows you the demand is just increasing day on day.
• 10:08
  SPEAKER_01: So, going back to what I was saying, safety, we've got gold, good old gold, it's always been there.
• 10:13
  SPEAKER_01: We know what it does, we know its steady return.
• 10:15
  SPEAKER_01: Yeah, silver.
• 10:16
  SPEAKER_01: Well, you can have that completely tax efficient.
• 10:18
  SPEAKER_01: We we're actually in a fortunate position where we've now got storage available in places like Switzerland.
• 10:22
  SPEAKER_01: So we we saw huge demand from our uh clients, they wanted assets offshore.
• 10:27
  SPEAKER_01: So one of the best things we could have done was offer them silver, it's in Switzerland, it's offshore, it's outside the UK, big, big selling point there, big tax efficiency over there, and then people wanted to see growth.
• 10:37
  SPEAKER_01: Copper is a speculative market, it is already trading around 400% above its spot price.
• 10:43
  SPEAKER_01: Yeah, that shows you that it's going on its futures, that shows you where they think the demand of copper is going to go.
• 10:48
  SPEAKER_01: That's a really telling statistic, isn't it?
• 10:50
  SPEAKER_00: For sure.
• 10:50
  SPEAKER_00: It's a huge, huge price over the spot for sure.
• 10:53
  SPEAKER_00: And yeah, it just tells you where the where these institutions are.
• 10:56
  SPEAKER_00: Definitely.
• 10:57
  SPEAKER_01: And I I address it now because people obviously ask the question well, if the spot price is X and you're charging this, how does that make sense?
• 11:03
  SPEAKER_01: Gold and silver are more based on their spot price because they're still a precious metal.
• 11:07
  SPEAKER_01: Banks hold gold and silver, so they're traded amongst banks.
• 11:10
  SPEAKER_01: Copper is a critical metal.
• 11:12
  SPEAKER_01: What it is used for in AI, what it is used for in builds, cannot be replaced.
• 11:17
  SPEAKER_01: The only metal that it can be replaced with is aluminium.
• 11:20
  SPEAKER_01: To use the equivalent aluminium to copper, I mean the amount of aluminium you need to do the job of a copper product, it's not comparable.
• 11:27
  SPEAKER_01: So copper cannot be replaced.
• 11:29
  SPEAKER_01: And as the demand increases and grows and grows and grows, Goldman Sachs have said we're going to be in a deficit by 2029.
• 11:36
  SPEAKER_01: We will be using more than we are mining.
• 11:38
  SPEAKER_01: Wow.
• 11:39
  SPEAKER_01: Now we know it takes 10 years to set up a mine.
• 11:41
  SPEAKER_01: Simple inflation, simple supply and demand.
• 11:44
  SPEAKER_01: If you have more demand than you have of a product, what happens?
• 11:48
  SPEAKER_01: The price goes up, right?
• 11:49
  SPEAKER_00: Exactly.
• 11:50
  SPEAKER_00: That's that's it.
• 11:50
  SPEAKER_00: Bottom line.
• 11:51
  SPEAKER_00: Do you think people are actually underestimating how much physical infrastructure AI will actually need?
• 11:57
  SPEAKER_00: I mean, Elon Musk's just about to build one of the biggest buildings ever.
• 12:00
  SPEAKER_00: I think it is the biggest, isn't it, in Houston.
• 12:02
  SPEAKER_01: So they're they're about to build a I think they call it a gigafactory or whatever it is.
• 12:06
  SPEAKER_01: It's the largest of its of its kind, and I think this is where people underestimate it.
• 12:10
  SPEAKER_01: We hear about models, we hear about chips, we hear about software, but behind all of that is the buildings, the power plants, the transformers, the cables, the cooling system, the data centres, all of this stuff behind it.
• 12:23
  SPEAKER_01: Guess what it uses?
• 12:24
  SPEAKER_01: Silver, copper, every single part.
• 12:28
  SPEAKER_01: This is the AI boom.
• 12:30
  SPEAKER_01: The SP 500, 50% of these companies are now AI companies.
• 12:34
  SPEAKER_01: That shows you where the demand is.
• 12:36
  SPEAKER_01: Whether you use AI on a day-to-day or you just heard about Chat GPT, there is no doubt you've not heard about it.
• 12:42
  SPEAKER_01: Yeah, this is the this is why I mean we've decided as a company it's the right time to get into copper.
• 12:48
  SPEAKER_01: This is the first big tranche and allocation we've done on it.
• 12:51
  SPEAKER_01: The demand and the interest we've seen has been overwhelming.
• 12:55
  SPEAKER_01: I mean, huge amounts of people speculating on this, and it's understandable why.
• 12:59
  SPEAKER_00: Yeah, absolutely.
• 13:01
  SPEAKER_01: So, how quickly can the world actually produce more copper?
• 13:04
  SPEAKER_01: As we say, so we're deficit by 2029.
• 13:07
  SPEAKER_01: That that's the the forecast from again the big institutions, which means by the time you open a mine and start running it again, about 10 years before you get anything out the ground.
• 13:15
  SPEAKER_01: Wow.
• 13:16
  SPEAKER_01: It's not again.
• 13:17
  SPEAKER_01: You might have seen the the videos and such.
• 13:19
  SPEAKER_01: This isn't a quick fix, this isn't a quick turnaround.
• 13:22
  SPEAKER_01: To get copper oars out the ground is a long old process.
• 13:25
  SPEAKER_01: Ten years we're gonna be in a deficit if we don't up the rates.
• 13:29
  SPEAKER_00: You know, you say the year 2029, in your head that sounds like it's a long way away, but that's in three months that'll be two years or it's we're not far away from this now.
• 13:38
  SPEAKER_00: Not far away at all.
• 13:39
  SPEAKER_00: And how do you think the supply of silver will perform during this?
• 13:44
  SPEAKER_01: Uh, I mean, look, the the first thing we need to look at is the the silver-gold ratio.
• 13:47
  SPEAKER_01: It's always been a pretty good standard that we we look at and it shows how silver's valued against gold.
• 13:51
  SPEAKER_01: Right.
• 13:52
  SPEAKER_01: Anything under 50 to 1 tends to say silver's a bit overvalued, anything over 80 to 1 it's severely undervalued.
• 13:58
  SPEAKER_01: Okay, it's at about 67.3 and growing.
• 14:00
  SPEAKER_01: So the deficit between them is is big.
• 14:02
  SPEAKER_01: So I think the silver demand is growing again because you get the two bites of the cherry.
• 14:09
  SPEAKER_01: Gold is a safe haven metal, right?
• 14:11
  SPEAKER_01: It's a precious metal.
• 14:12
  SPEAKER_01: Silver has the sort of luxury of being both.
• 14:15
  SPEAKER_01: Central banks hold it, they use it as a form of currency because it's tangible, because it's finite, but because of its conductivity, and it's also used in things like AI, like electric vehicles.
• 14:26
  SPEAKER_01: Again, it's a critical metal, it cannot be replaced.
• 14:28
  SPEAKER_01: So you've got the fact it's held by central banks plus industry use going up.
• 14:32
  SPEAKER_01: Yeah, I I love the potential of it.
• 14:35
  SPEAKER_01: Yes, it's more volatile, of course it's more volatile, but but the upside potential for me way outweighs the the downside negatives of it for sure.
• 14:45
  SPEAKER_00: I couldn't agree more.
• 14:47
  SPEAKER_00: Lastly, the gold supply.
• 14:49
  SPEAKER_00: Obviously, that was a bit of an issue last year.
• 14:51
  SPEAKER_00: Yeah.
• 14:51
  SPEAKER_00: How's the how's the gold supply going at the moment?
• 14:53
  SPEAKER_01: Yeah, I mean, look, it's still still tough.
• 14:55
  SPEAKER_01: I think there's there's still uh a lot of demand.
• 14:57
  SPEAKER_01: I mean, China, the the four biggest banks have stopped selling got paper gold, so not even physical gold, they've stopped selling paper gold um as well.
• 15:04
  SPEAKER_01: So they're not exporting it, they're a huge producer of gold and and are not exporting any of it.
• 15:09
  SPEAKER_01: The Americans are still trying to stockpile as much as they can.
• 15:12
  SPEAKER_01: Got gold is the real put it in your put it in your vault, yeah.
• 15:16
  SPEAKER_01: Don't tell anyone about it and keep it there.
• 15:18
  SPEAKER_01: So, yes, it is a lot of people when they go on our website, they'll say, Oh, this is out of stock, this is out of stock.
• 15:23
  SPEAKER_01: We're having to manage a lot of it by person now, just because there is still that demand for it.
• 15:27
  SPEAKER_01: So to make sure we're facilitating orders, getting the deliveries out, getting the storage done properly.
• 15:31
  SPEAKER_01: That's why we always recommend call us, speak to us, see what we've actually got available on the day, because the the inventories are moving bloody quick.
• 15:38
  SPEAKER_00: Yeah, and if someone is interested in all three of these metals, how would you what would you say to them if they're trying to plan their initial strategy going in?
• 15:47
  SPEAKER_01: Uh don't treat them as interchangeable, they're not don't think that you can just have gold, then silver, then copper.
• 15:53
  SPEAKER_01: We or I still think, and uh a lot of my colleagues still think that the predominant one is gold.
• 15:59
  SPEAKER_01: Make sure you have your safety first, don't get greedy.
• 16:02
  SPEAKER_01: So if someone was doing a 100,000 package with us, I'd probably be putting 80,000 of that still into gold.
• 16:09
  SPEAKER_01: I would then be looking at maybe 10 to 15 in silver and topping the last up with five to tenk of copper.
• 16:16
  SPEAKER_01: I I think it gives you the safety and the the projected growth.
• 16:19
  SPEAKER_01: We've seen gold do 13% for the last 20 years, so we know where we stand with it.
• 16:23
  SPEAKER_01: It stood the test of time.
• 16:25
  SPEAKER_01: Silver's that more volatile one, but slightly more attractive in the fact we're in a nice dip of silver, it's a good time to buy silver, uh, and the fact we can keep it offshore now, I think is a huge benefit.
• 16:35
  SPEAKER_01: And then that copper, it's just that that last who doesn't wish they could have bought Bitcoin back when it first came out.
• 16:42
  SPEAKER_01: Exactly.
• 16:42
  SPEAKER_01: And that's not me saying copper's gonna do what Bitcoin did, but what I am saying is if you're buying it at£45 a kilo right now and that starts to increase, yeah, you could be on to it with the supply predictions and for that's it's it's a long-term hold.
• 16:56
  SPEAKER_01: You're not buying copper today to sell in a year, two years, you're holding that copper and yeah, going through this run of AI and watching it grow, basically.
• 17:03
  SPEAKER_00: Yeah, for sure.
• 17:04
  SPEAKER_00: And if you had to leave the listener with one thought from everything we've discussed today, what would it be?
• 17:09
  SPEAKER_01: More than ever, have a chat with us.
• 17:10
  SPEAKER_01: I think people think they're gonna be really pushed into buying something.
• 17:14
  SPEAKER_01: That's not our job.
• 17:15
  SPEAKER_01: Our job is to listen to what you're looking to achieve, get you the information out, and you make the decision.
• 17:22
  SPEAKER_01: But more than ever, there's so much to understand about diversifying into metals because we're not just talking precious metals now, we're talking critical metals as well.
• 17:30
  SPEAKER_01: Yeah, that it's really important to speak to someone, it's really important to ask the questions.
• 17:35
  SPEAKER_01: Don't trust your FA that's made you three percent for the last three years.
• 17:39
  SPEAKER_01: Because what are you doing?
• 17:40
  SPEAKER_01: What are you what are you getting out of it?
• 17:41
  SPEAKER_01: Just because that's what you know doesn't mean it's the right thing to do, and it it's that encouragement of just have a chat with us, call up, ask for Harry, ask for Jack, ask for Blair, ask for any of the guys you're here on the podcast, and if we're busy, we'll get back to you, but someone will help you for sure.
• 17:55
  SPEAKER_00: Absolutely, we are here to help.
• 17:58
  SPEAKER_00: So, there's certainly a lot happening in the gold market right now.
• 18:03
  SPEAKER_00: We've seen central banks buying gold, and now major financial institutions are increasing their exposure too.
• 18:09
  SPEAKER_00: At the same time, demand for silver and copper don't look like they'll be decreasing anytime soon.
• 18:15
  SPEAKER_00: This could be such a massive opportunity for retail buyers like you and me.
• 18:19
  SPEAKER_00: And this matters because changes at the top of financial systems they eventually filter down to all of us.
• 18:25
  SPEAKER_00: Nobody knows exactly what happens next, or when it's gonna happen.
• 18:29
  SPEAKER_00: But the behaviour of the institutions with the most money and influence, that's certainly worth paying attention to.
• 18:35
  SPEAKER_00: For anyone looking to protect their wealth, our message isn't about trying to predict the perfect moment.
• 18:40
  SPEAKER_00: It's about understanding what's changing and making sure you're prepared for different outcomes.
• 18:45
  SPEAKER_00: If you'd like to learn more about physical gold, and how it could fit into your wider wealth protection strategy, visit guide.directbullion.com.
• 18:54
  SPEAKER_00: And if you're interested in silver or copper, please do give us a call on 0800 055 7050.
• 19:02
  SPEAKER_00: That's 0800 0557050.
• 19:08
  SPEAKER_00: Once again, if you've enjoyed today's episode, remember to like and subscribe if you're on YouTube and follow us on Spotify or other podcasts so you never miss an update.
• 19:18
  SPEAKER_00: Leave a question in the comments below, and we'll answer it in the next episode.
• 19:21
  SPEAKER_00: And don't forget to enter our silver competition, all the details are in the description below.
• 19:27
  SPEAKER_00: Thanks so much for listening to the Bullying Advantage today.
• 19:30
  SPEAKER_00: Stay informed, stay prepared, and most importantly, stay golden.
• 19:34
  SPEAKER_00: The purchase of gold does not constitute an investment or offer financial returns.
• 19:39
  SPEAKER_00: Gold is considered a store of value and not an investment product.
• 19:43
  SPEAKER_00: Past performance of gold is not indicative of future performance.
• 19:47
  SPEAKER_00: Prices and values of precious metals can fluctuate and are influenced by various market factors.
• 19:52
  SPEAKER_00: Direct bullion does not provide investment or tax advice and recommends that you conduct your own independent research before making any purchasing decisions.