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BUDGET REVIEW: What It Means for Your Money · The Bullion Advantage | Wealth Protection, Politics and Finance Insights From The #1 UK Gold Dealer

• 0:00
  SPEAKER_01: You're under attack again.
• 0:03
  SPEAKER_01: So there you have it.
• 0:04
  SPEAKER_01: The Chancellor has delivered the budget.
• 0:07
  SPEAKER_01: After weeks of speculation, rumours, and uncertainty, we finally have the announcements.
• 0:13
  SPEAKER_01: But now comes the big question.
• 0:15
  SPEAKER_01: What will it actually mean for you and what you've worked so hard to build?
• 0:20
  SPEAKER_01: Today we're going to break down the budget and outline what you need to be paying attention to.
• 0:25
  SPEAKER_01: We'll explore the key announcements, examine what they could mean for your wealth, and also look at questions you need to be asking yourself right now.
• 0:33
  SPEAKER_01: When the economic landscape shifts, and the rules around money and taxation are under scrutiny, it's worth understanding the options available to you, and how different assets may help you dodge these new taxes.
• 0:46
  SPEAKER_01: As always, our aim isn't simply to tell you what happened, it's to help you understand why it matters and what questions you might want to ask about your own financial future.
• 0:58
  SPEAKER_01: Welcome to the Bullion Advantage.
• 1:00
  SPEAKER_01: Let's get into it.
• 1:01
  SPEAKER_01: Just before we start though, a reminder that our competition to win two ounces of silver completely free is still open for the next couple of days.
• 1:10
  SPEAKER_01: Everything you need to know is in the description below, so just follow those instructions and get your entry in before the end of the day on Friday.
• 1:19
  SPEAKER_01: I've got Harry here to go through all of this with me.
• 1:22
  SPEAKER_01: Harry, another year, another Labour budget.
• 1:25
  SPEAKER_01: Let's get into it.
• 1:26
  SPEAKER_01: Hiya, Jake, how you doing?
• 1:27
  SPEAKER_01: Very well, mate.
• 1:28
  SPEAKER_01: Thank you.
• 1:29
  SPEAKER_01: Thanks for coming back on.
• 1:30
  SPEAKER_00: No worries, we are flat out today, but uh always good to speak.
• 1:33
  SPEAKER_01: What would you say the main main tax changes or main things that people should probably have paid attention to in today's budget?
• 1:40
  SPEAKER_00: As much as it pains me to say it, I actually think Healy presented it really bloody well.
• 1:45
  SPEAKER_00: Because even watching it, we were like, wait, that doesn't sound that bad.
• 1:49
  SPEAKER_00: Businesses get a bit of a rate, he's not doing anything to CGT, not doing anything to the dividends.
• 1:55
  SPEAKER_00: And then we kind of broke it down a little bit more afterwards, didn't we?
• 1:58
  SPEAKER_00: And looking at what the the outcome was.
• 2:00
  SPEAKER_00: My biggest thing that's not being picked up on a lot, the worry is the fact he's eaten into that headroom.
• 2:07
  SPEAKER_00: I mentioned it on a podcast we had together a couple of weeks ago, Jake, where we said about that headroom being halved, and that's what uh KPMG was saying, like, well, where's this money coming from?
• 2:16
  SPEAKER_00: This is a classic kick the can down the road, and that's really what it feels like.
• 2:22
  SPEAKER_00: So he's done a couple of positive things, he's done good business rate deals for small businesses, he's kind of buggered people who uh have limited companies and employ themselves.
• 2:32
  SPEAKER_00: He he hasn't really given them much of a view, and he the minimum wage thing I think is absurd anyway, but we'll come on to that.
• 2:38
  SPEAKER_00: But the biggest takeaway for me was they're eating into that fiscal headroom, yeah.
• 2:42
  SPEAKER_00: That's getting smaller and smaller, and at some point, and this for me is where they're looking at the next election is gonna be lumbered onto the the next party in charge, and I think that's that's the worrying thing, it's the long term, yeah.
• 2:56
  SPEAKER_01: I mean, he he said that the deficit will be basically eliminated within the next three years.
• 3:02
  SPEAKER_01: I mean, is that realistic?
• 3:04
  SPEAKER_01: I mean, and what would that mean for normal taxpayers like us?
• 3:07
  SPEAKER_00: I mean, I know it's cliché, mate, but talk about a political answer, I mean, eliminate let's be cautious about what they say about that.
• 3:15
  SPEAKER_00: I love when the chancellors stand there and go, in 27-28, it's gonna be 1.9%, in 29-30, it's gonna be 1.2%.
• 3:23
  SPEAKER_00: Yeah, I mean, it is literally just figures, isn't it?
• 3:26
  SPEAKER_00: What does it mean to us, the average man, the average taxpayer, the average worker?
• 3:31
  SPEAKER_00: Very little is the honest answer.
• 3:33
  SPEAKER_00: So for context, the Treasury says the UK could face around 14 billion a year in additional debt interest costs, an extra 14 billion because we're eating into that fiscal headroom that I say.
• 3:45
  SPEAKER_00: So is it realistic?
• 3:47
  SPEAKER_00: Probably not.
• 3:48
  SPEAKER_01: So you mentioned briefly there the reduction of fiscal headroom, quote unquote.
• 3:53
  SPEAKER_01: Just outline the figures on that a bit more.
• 3:56
  SPEAKER_01: And does that leave the UK more exposed if the country takes a turn for the worst as well?
• 4:00
  SPEAKER_00: 100%.
• 4:01
  SPEAKER_00: I mean, the cautious side of me should be saying potentially, but that the bottom line is this was the worry going into this budget.
• 4:08
  SPEAKER_00: You had KPMG scrutinising these accounts, saying, Where's this money coming from?
• 4:13
  SPEAKER_00: Other than your piggy bank, essentially.
• 4:16
  SPEAKER_00: And it's very easy to get caught up here.
• 4:18
  SPEAKER_00: 15 billion sounds like a huge amount of money.
• 4:21
  SPEAKER_00: When you're running an entire nation with that money, 15 billion is suddenly like you're it's not that much wiggle room, really, when you think about it.
• 4:29
  SPEAKER_00: Exactly that.
• 4:30
  SPEAKER_00: When you're running the finances, it is really not interest rates, weaker economy, major institutional crises.
• 4:36
  SPEAKER_00: There's only a few things that have to go against you.
• 4:38
  SPEAKER_00: In fact, Jake, look at what's happening in America right now with them trying to refinance the debt.
• 4:43
  SPEAKER_00: You've got Kevin Walsh battling Donald Trump on the live stage.
• 4:48
  SPEAKER_00: Trump needs interest rates as low as possible because they need to refinance this debt.
• 4:51
  SPEAKER_00: Kevin Walsh is saying, Yeah, we can't actually do that because we need to give people more in the banks, and that is the major issue you're seeing over there.
• 5:00
  SPEAKER_00: Kind of feels like we're following suit now.
• 5:02
  SPEAKER_00: Yeah.
• 5:02
  SPEAKER_01: Obviously, the main reason that the government raises or the main excuse they give for raising tax is to improve people's standard of living.
• 5:10
  SPEAKER_01: Could people be pay leave this budget paying more tax without seeing that improvement?
• 5:15
  SPEAKER_00: Yeah, I mean, absolutely, Jake.
• 5:16
  SPEAKER_00: I mean, this is um a topic that we talk about a lot, and it's this whole stealth taxing and people expecting these huge headlines in the papers of you're losing X amount, it's not as it's not as black and white in that now, it's clever, it's smart.
• 5:31
  SPEAKER_00: And I think the difference between your nominal income, so the number you see on your pay slip, and your real income, which is the money you can actually buy with.
• 5:40
  SPEAKER_00: And we talk about this a lot when we when we refer to gold.
• 5:42
  SPEAKER_00: It's just because your bank account says£5,000, what does that actually buy you?
• 5:46
  SPEAKER_00: What does it buy you this year?
• 5:47
  SPEAKER_00: What did it buy you last year?
• 5:48
  SPEAKER_00: What did it buy you 10 years ago?
• 5:50
  SPEAKER_00: I mean, Jesus, Jake, the five grand 20 years ago was a good deposit on a good house.
• 5:56
  SPEAKER_00: Do you know what I mean?
• 5:57
  SPEAKER_01: Then on a good house.
• 5:58
  SPEAKER_00: It's it's that sort of thing we need to appreciate.
• 6:00
  SPEAKER_00: I mean, it's like the minimum wage thing.
• 6:02
  SPEAKER_00: We talk about this minimum wage and it's ridiculous.
• 6:04
  SPEAKER_00: He's upped it by another 3.9%.
• 6:07
  SPEAKER_00: What you've actually done is give businesses a bottom line that they're allowed to pay people legally.
• 6:11
  SPEAKER_00: If you didn't have a minimum wage, no one would accept the contract.
• 6:14
  SPEAKER_00: And the reason they wouldn't accept the contract, Jay, you cannot live on that money.
• 6:19
  SPEAKER_00: It's not possible.
• 6:21
  SPEAKER_00: And this is where people need to understand because they put in these barriers, because they put in these limitations, they're trying to say to people, Oh, we've got you covered, we're protecting you.
• 6:30
  SPEAKER_00: We've upped it by another 4%.
• 6:32
  SPEAKER_00: It means nothing in the real world.
• 6:34
  SPEAKER_00: People who earn minimum wage, and I have a lot of friends on minimum wage jobs and contracts who work for massive corporate organisations trying to climb the ladders, they get nothing.
• 6:44
  SPEAKER_00: They can't afford to live on their own, they can't afford to do their holidays a year, they have to watch what they spend every month, and not only is that affecting the minimum wage people, Jake, that's affecting 90% of people we deal with.
• 6:57
  SPEAKER_00: Whether you're a business owner, minimum wage, or anything in between, you're on the same boat.
• 7:02
  SPEAKER_01: Absolutely.
• 7:03
  SPEAKER_01: And if you think about it, what's inflation right now?
• 7:05
  SPEAKER_01: Just over three percent.
• 7:07
  SPEAKER_01: So in reality, it's a 0.8% give or take increase.
• 7:13
  SPEAKER_00: Yeah, which they obviously can't say because that would sound like your income's risen by 3%, inflation's four percent.
• 7:19
  SPEAKER_00: Well done.
• 7:19
  SPEAKER_00: You're only losing one percent now.
• 7:21
  SPEAKER_00: Exactly.
• 7:21
  SPEAKER_00: Fantastic.
• 7:22
  SPEAKER_01: Exactly that.
• 7:22
  SPEAKER_01: It's uh but they can't say that because that would sound terrible in the House of Commons.
• 7:26
  SPEAKER_00: No, I I you have to give John Healy credit, he he was very proficient in what he said, and it did take a little bit of dissecting, yeah.
• 7:32
  SPEAKER_00: But what you realise is it's these figures in the background that we don't see day to day that are actually eating it alive.
• 7:37
  SPEAKER_00: That that's the reality of it.
• 7:39
  SPEAKER_01: Very true.
• 7:39
  SPEAKER_01: Another one in terms of people's wealth, they have announced that the ICER allowance will be returning, the tax-free ICER allowance will be returning back to£20,000.
• 7:50
  SPEAKER_01: So, what does that mean for people trying to save and protect their money?
• 7:53
  SPEAKER_00: This was a real hitter for us.
• 7:56
  SPEAKER_00: This was a tough one because a lot of people are looking at moving away from ICES, and this was the nudge they needed to move away.
• 8:02
  SPEAKER_00: I feel sorry for anyone who's not an investor, and and where actually a lot of the people we deal with in gold aren't investors, no, they're they're trying to put their money into a safe haven asset, they're trying to protect their money for a rainy day.
• 8:14
  SPEAKER_00: Yeah, this means absolutely nothing.
• 8:19
  SPEAKER_00: Because, for example, Jay, if someone had£20,000 in a cash ISA and that was earning four percent, that would generate£800 for 20 grand, you're getting£800.
• 8:31
  SPEAKER_00: And assuming that rate stayed the same, what is that getting you against the rate of inflation?
• 8:36
  SPEAKER_00: You're getting 4%, inflation's four percent, but they're going, well, look, there's another£800 in your account.
• 8:43
  SPEAKER_00: It means nothing.
• 8:45
  SPEAKER_00: You have to be, and I actually go as honest as this with people that I speak to now, Jake.
• 8:49
  SPEAKER_00: I'm like, look, regardless whether you buy gold, regardless of whether you deal with us, whatever you want to do, do not leave your money in the bank, do not be fooled by the the figures you're seeing.
• 8:58
  SPEAKER_00: It means nothing.
• 9:00
  SPEAKER_00: You have to be beating inflation to be earning money, not running alongside it.
• 9:04
  SPEAKER_00: So true.
• 9:05
  SPEAKER_01: Well, people might hear that, and you know, their kind of goal is to protect what they have.
• 9:10
  SPEAKER_01: It it kind of sounds like there you're saying it is just about protecting you.
• 9:14
  SPEAKER_00: Yeah, I get that.
• 9:15
  SPEAKER_00: A lot of people say, Well, it's this just protection, am I not gonna grow my wealth?
• 9:18
  SPEAKER_00: Am I not gonna do anything?
• 9:20
  SPEAKER_00: The the fact is diversity is important, being outside the bank system is important, being away from honestly, Jake.
• 9:28
  SPEAKER_00: We speak to people from every sort of demographic, right?
• 9:31
  SPEAKER_00: Northerners, southerners, people from Wales, Scotland, rich, poor.
• 9:35
  SPEAKER_00: Every single person we speak to is on the same mindset.
• 9:39
  SPEAKER_00: They just want to protect what they have.
• 9:42
  SPEAKER_00: That is the bottom line.
• 9:43
  SPEAKER_00: Cash is being killed.
• 9:44
  SPEAKER_00: I mean, look at what they've said about uh looking at tax revenue, they're gonna access your savings accounts, they're gonna access your current accounts.
• 9:51
  SPEAKER_00: Yeah, that was scary.
• 9:52
  SPEAKER_00: Very, very scary.
• 9:54
  SPEAKER_00: Just because you have a business that is keeping afloat doesn't mean you're being successful, yeah.
• 9:59
  SPEAKER_00: And the allowances are so low that once you hit those thresholds, the money you're being paid, the government are going, okay, you can you can afford to pay us now, like give us some money.
• 10:10
  SPEAKER_00: That's not the reality of it.
• 10:11
  SPEAKER_00: Similar to what I was saying about minimum wage, just because you hit the government thresholds, that does not mean you're at a point where you can afford XYZ.
• 10:20
  SPEAKER_00: They have to give more to the working man.
• 10:23
  SPEAKER_00: Stop giving bloody money to people who sit on their ass doing nothing.
• 10:27
  SPEAKER_00: Stop.
• 10:28
  SPEAKER_00: I mean, this standing credit on um electrical bills, 46p a day.
• 10:34
  SPEAKER_00: 46p a day.
• 10:35
  SPEAKER_00: I mean, what do they want us to do?
• 10:37
  SPEAKER_00: Be thankful for it, appreciate it.
• 10:39
  SPEAKER_00: It's disgusting the way the government are B and J's.
• 10:42
  SPEAKER_00: It really is.
• 10:43
  SPEAKER_00: All people want to do in this country is be successful, and then we wonder why the likes of Dubai are becoming more popular, Cyprus are coming more popular, Uruguay is becoming more popular because they're promoting businesses.
• 10:56
  SPEAKER_00: If you don't want to work, if you don't want to be successful, you get nothing.
• 11:00
  SPEAKER_00: Yeah, but in the same breath, if you want to go out there and give it a crack and you're successful, the world's yours.
• 11:06
  SPEAKER_00: Yeah, that is what we should be supporting, not just winning the next vote.
• 11:10
  SPEAKER_00: And I think shame on Labour for sitting there and just trying to win the next vote.
• 11:14
  SPEAKER_01: Yeah, I could not agree more.
• 11:16
  SPEAKER_01: I couldn't agree more.
• 11:17
  SPEAKER_01: Another thing I want to talk about is the 3% bank tax surcharge that they're going to be implementing.
• 11:23
  SPEAKER_01: What does that mean for banks?
• 11:25
  SPEAKER_01: What does that mean for businesses, and also what does it mean for us as savers and regular people?
• 11:30
  SPEAKER_00: Yeah, this is a smart one, and I am um I don't actually want to get into detail on this.
• 11:36
  SPEAKER_00: The bottom line is who always loses in a scenario, the end user, right?
• 11:40
  SPEAKER_00: Yeah, this is what I was thinking.
• 11:41
  SPEAKER_00: Yes.
• 11:42
  SPEAKER_00: Always the end user.
• 11:43
  SPEAKER_00: So when you penalise the banks, all you're actually penalising is the retail customer because they know they've got carte blanche to go, uh yeah, we don't fancy paying this tax, so we're gonna pass it on to our customers.
• 11:56
  SPEAKER_01: Yeah, and honestly, Jay, this is where your mortgage, your mortgage rate's just gone up by 2.3%, isn't it?
• 12:04
  SPEAKER_00: Business costs, inflation, like that.
• 12:06
  SPEAKER_00: That's what they hide it behind, isn't it?
• 12:08
  SPEAKER_00: I mean, this is where I want people to encourage people, join in our comments, join in speaking to us.
• 12:13
  SPEAKER_00: Like we like to hear this from people, yeah, and we see it day in, day out.
• 12:18
  SPEAKER_00: Whether you're up in Leeds or down in Cornwall, we see the exact same across the board.
• 12:23
  SPEAKER_00: Everyone is in the same boat, they try to create this divide, and it doesn't happen.
• 12:27
  SPEAKER_00: You try penalise the the uh large corporations, and the large corporations go, Okay, we'll we'll pass it on to the end consumer then.
• 12:35
  SPEAKER_00: And it's always the working man that gets screwed the hardest.
• 12:39
  SPEAKER_01: It's the sunken cost, isn't it?
• 12:41
  SPEAKER_01: Really?
• 12:41
  SPEAKER_01: Yeah, definitely.
• 12:43
  SPEAKER_01: So I think obviously the important question really is what should people be asking themselves right now about their savings, their pensions maybe, or where their wealth is held currently?
• 12:55
  SPEAKER_00: That's a really good question, actually, Jake.
• 12:57
  SPEAKER_00: I think I think for me it comes down to four questions.
• 13:02
  SPEAKER_00: Uh, first, do I have enough readily accessible cash to cover unexpected expenses?
• 13:08
  SPEAKER_00: That that's your emergency fund, that's always the most important.
• 13:11
  SPEAKER_00: Yeah.
• 13:11
  SPEAKER_00: I think second, actually, am I paying more tax than I need to because I haven't made proper use of allowances or and this is more directed to the our business listeners listeners, the guys who have companies who might be able to set up SIPs or SAS and look at alternative methods of moving money?
• 13:29
  SPEAKER_00: Am I actually being efficient with the money I have with more and more and more and more and more and more rules coming in, which almost seems daily at the moment, making sure you've done it.
• 13:39
  SPEAKER_00: I think third, if you have a pension and is your investment portfolio suitable for what you want to achieve?
• 13:45
  SPEAKER_00: Like, is this a long-term gain?
• 13:47
  SPEAKER_00: Am I in a market that's gonna get me a long-term gain?
• 13:50
  SPEAKER_00: Is it gonna be something that grows in time, or am I just my workplace use a nest pension, so I'm just gonna put my money in nests?
• 13:58
  SPEAKER_00: And that that's it for a lot of people.
• 14:01
  SPEAKER_00: And fourth, am I relying too heavily on one asset?
• 14:04
  SPEAKER_00: The biggest thing we always say here, Jay, we never say if someone I've said it before as well, if someone gives me sort of a hundred grand budget and they say I want to put a hundred thousand into gold, I would never say, Yeah, yeah, yeah, do the whole hundred thousand in gold.
• 14:18
  SPEAKER_00: That is ridiculous.
• 14:20
  SPEAKER_00: You need to be diverse, you need to cover all avenues.
• 14:24
  SPEAKER_00: So, accessible cash, tax, pension, and am I relying too heavy on an asset?
• 14:31
  SPEAKER_00: Basically, looking at it an overview and going, Am I covered?
• 14:35
  SPEAKER_00: If everything goes peak tongue, if we see a crash like we did in 2008 tomorrow, am I protected and am I gonna be okay?
• 14:42
  SPEAKER_01: Yeah, absolutely.
• 14:44
  SPEAKER_01: And I think just to finish up, following on on tax, what should people understand about the current tax treatment of gold, silver?
• 14:53
  SPEAKER_00: Please just call in and ask.
• 14:56
  SPEAKER_00: All I recommend people to do, just speak to us.
• 15:00
  SPEAKER_00: Yeah, we are not financial advisors, but what we are is experts in the gold, silver, copper, precious metals market.
• 15:09
  SPEAKER_00: So when you speak to us, we know what's happening in the news, we know what's happening to the prices, we know what could be the best options for tax efficiency, we know how to legitimately move your cash out of the banks and put it into an asset that could protect you and could help grow your wealth.
• 15:25
  SPEAKER_00: That is the bottom line.
• 15:27
  SPEAKER_00: We need more engagement from people because once we speak to people that they love the fact that they've had the conversation, but we're so we're so brainwashed into the banking system where you sign up to a bank, you get no service, and that's what we expect.
• 15:41
  SPEAKER_00: It doesn't have to be that way, yeah, and it shouldn't be that way.
• 15:44
  SPEAKER_00: So just talk to us and find out the best options.
• 15:47
  SPEAKER_01: So if you were selling me gold right now, what would you what would you sell me?
• 15:51
  SPEAKER_00: Yeah, I mean, look, and this is where I I want to be careful in what I say, Jay, because people need to do their own research and look at it.
• 15:58
  SPEAKER_00: What I can tell you is what 99% of people go for, what we as as uh people on the floor go for as well, and what we look at as a company British gold coins.
• 16:08
  SPEAKER_00: That's the bottom line.
• 16:09
  SPEAKER_00: I'm gonna send you out the information, you're gonna look at it, and I can't tell you what to go for, but you're gonna come to the conclusion British gold coins.
• 16:16
  SPEAKER_00: Yes, and the reason for that is because they're VAT and capital gains tax exempt.
• 16:21
  SPEAKER_00: So for those listeners who would like to be a bit more educated on it, 22 karat gold, which is 91.67% pure, and 24 karat gold, which is 99.9% pure, are both VAT free.
• 16:33
  SPEAKER_00: That was an EU directive in 1999.
• 16:36
  SPEAKER_00: That exempt, done.
• 16:37
  SPEAKER_00: So you don't pay the 20% when you're purchasing.
• 16:39
  SPEAKER_00: I like silver, but that's a that's a good point to know.
• 16:42
  SPEAKER_00: When you come to sell British gold coins are capital gains tax exempt, common question uh what if they change the laws in it?
• 16:50
  SPEAKER_00: They would have to change the laws on all legal tender.
• 16:52
  SPEAKER_00: Yes, they would.
• 16:53
  SPEAKER_00: That is why they're exempt.
• 16:54
  SPEAKER_00: They are legal tender coins.
• 16:56
  SPEAKER_00: One ounce,£100 written on them, half ounce£50, quarter ounce£25.
• 17:02
  SPEAKER_00: Bottom line, if you're looking for tax efficiency, safety, growth, you're probably going to end up on British gold coins.
• 17:10
  SPEAKER_00: It's not complicated, Jake.
• 17:11
  SPEAKER_00: People go online and see hundreds of options with British coins.
• 17:15
  SPEAKER_00: It's gold.
• 17:16
  SPEAKER_00: You want 24 karat, you want it British, so it's VAT and capital gains tax exempted.
• 17:22
  SPEAKER_00: Bottom line.
• 17:24
  SPEAKER_00: So there you have it.
• 17:25
  SPEAKER_01: The budget has been delivered.
• 17:26
  SPEAKER_01: And the real question is what happens next, and what it all means for you, and your money, and the wealth you've worked so hard to build.
• 17:34
  SPEAKER_01: Whatever your thoughts on today's announcements, understanding how changes to the economy, changes to taxation, and government finances could affect you is more important than ever.
• 17:46
  SPEAKER_01: So taking some time to review your finances and understand the rules that apply to you, plus considering whether you're doing everything you reasonably can to protect your future, is also really important.
• 17:58
  SPEAKER_01: And if today's discussion has raised questions for you, maybe head on over to guide.directbullion.com.
• 18:05
  SPEAKER_01: This is where you can download our guide to tax-free gold completely free.
• 18:10
  SPEAKER_01: It's packed with information you definitely won't get anywhere else.
• 18:14
  SPEAKER_01: Just before you go, do not forget to enter our competition to win two ounces of silver completely free.
• 18:20
  SPEAKER_01: You still have the opportunity to win, so make sure you check all the details in the description below.
• 18:26
  SPEAKER_01: Also, if you've enjoyed this episode, please remember to like and subscribe if you're on YouTube, and follow the show if you're listening on Spotify or after podcasts so you never miss an update.
• 18:37
  SPEAKER_01: If there's a question you'd like us to tackle in a future episode, please email info at directbullion.com or just leave a comment in the comment section below.
• 18:47
  SPEAKER_01: Thank you so much for listening today.
• 18:49
  SPEAKER_01: Stay informed, stay prepared, and most importantly, stay golden.
• 18:54
  SPEAKER_01: The purchase of gold does not constitute an investment or offer financial returns.
• 18:59
  SPEAKER_01: Gold is considered a store of value and not an investment product.
• 19:03
  SPEAKER_01: Past performance of gold is not indicative of future performance.
• 19:07
  SPEAKER_01: Prices and values of precious metals can fluctuate and are influenced by various market factors.
• 19:12
  SPEAKER_01: Direct bullion does not provide investment or tax advice and recommends that you conduct your own independent research before making any purchasing decisions.