Latest / Man in America Podcast / IS PAPER GOLD DEAD? China's Biggest Bank Just Walked Away From It w/ Collin Plume

Transcript

IS PAPER GOLD DEAD? China's Biggest Bank Just Walked Away From It w/ Collin Plume · Man in America Podcast

• 0:13
  Seth Holehouse: This is what's really happening with gold and silver right now. One of China's biggest trading banks just straight up stopped trading paper gold. Now that's huge because it tells you that the smart money is walking away from the fake stuff and moving into real physical metal. So today, we're gonna get into all the technical and dig deep into all the details here, so get ready for this. My guest is Colin Plume, and he's not some talking head guessing about the markets.
• 0:39
  He's been inside the physical gold and silver industry for almost eighteen years. So while other people are just watching charts and speculating, this guy is seeing the actual buying and selling in real time, and he's also seen firsthand how central banks, governments, and everyday families are all moving in the same direction right now. So we also got into this wild story from 1942 during the Manhattan Project when the US military just took 14,000 tons of silver from the treasury. They didn't ask for permission. They just took it.
• 1:09
  Now here's the part that actually affects you. There are actually two different gold and silver markets. One made up of paper and one made up of real metal. And right now, they're telling two completely different stories. The price that you see on your screen, that's the paper price.
• 1:23
  And billions of dollars just fled the world's biggest gold fund while the big players are quietly loading up on the real thing. So we're gonna show you exactly who is selling and who is buying. But meanwhile, both The US and China recently labeled silver a critical metal. Governments don't just do that for fun. They do it when something's coming, when they know something is coming.
• 1:43
  So if any of your savings, retirement, your family's future is sitting in dollars right now, you need to see that there's a gap between the paper and the real. And because once you do that, you'll never look at these numbers the same way again. Welcome to Man in America, a voice of reason in a world gone mad. I'm your host, Seth Hulghouse. On this show, I talk to real Americans with real solutions to the problems that we're all facing today.
• 2:08
  I help you connect the dots between what's happening now and the decisions that powerful people made in the past. Because once we understand how we got here, we can learn from it and build a better future. But before we start, please hit that like button. It helps with a lot with the algorithm on our platform you're tuning in from. This helps to get some information out to more people.
• 2:25
  Also, please make sure that you subscribe and share this with someone who really needs to hear it. And let me know what your thoughts are in the comments. And remember, every Man in America show is done as a podcast as well. So if you wanna just listen instead of watch, just get your favorite podcast app. If you use Apple Podcasts and you wanna do me a real favor, leave a review on there.
• 2:42
  Apple really tire prioritizes the podcast that have those reviews. So if you like the show, leave a review. It'll help me to reach even more people. Alright. Let's get started with this interview with Colin Plume.
• 2:53
  Colin, it's, it's good, man, to to have you on. It's been, actually, a little over a month or so, I think, since we last did an interview, and there's a lot of questions I have, and I wanna kinda just just kinda have a sober and just solid conversation about where the markets are at, what's happening. And, anyway, looking forward to getting in this with you. So thanks for being here.
• 3:14
  Collin Plume: Absolutely. Good to be on. Always a pleasure. Good to I know caught up a little bit off air and excited to be on with you and talk about, the summer, the market, silver, gold, everything that's, that's on people's minds right now.
• 3:28
  Seth Holehouse: Perfect, man. So, you know, one one question, you know, I have. So we're looking right now, and I've been tracking precious metals for, you know, probably, you know, well over a decade, and, really kind of paying attention to things. And what I'm seeing right now is, you know, when we came into this year and we saw that that spike, silver hitting up into you know, approaching $1.20, gold getting close to, you know, 5,400, around 5,400, and it seemed like that a lot of that was reflective of very real kind of fundamental things happening in the market. Right?
• 4:04
  Supply demand, you know, you know, need for, you know, new manufacturing, solar, a lot of things that are happening, data centers, you know, mining stuff. But, also, what we're seeing is that there was this from what it looked like, this breakdown in the paper manipulation where the the system that was set up to I mean, in essence, to kind of rig the prices, right, and convince people to invest in paper silver and paper gold. You know, earlier this year, we saw that even some very big banks were pushing back, you know, bullion delivery for six weeks out. And there was a lot of real, I think, momentum towards this idea of of that paper system really kinda breaking as a real price was being revealed. You know, I feel like that we're also seeing a lot of kinda tricks coming out from the bankers to keep trying to suppress this.
• 4:57
  And so I think the fundamentals are still there. And so I just wanna see what's your perspective on what's happening? Because I'm looking at this right now thinking, okay. Silver, for instance, was at 01:20 just early this year. It's now hovering around 60.
• 5:13
  To me, it seems like, okay. Hey. This is the opportunity, you know, in a similar place with gold. But I wanted to get your perspective from being inside this industry and seeing things that most people aren't aware of.
• 5:25
  Collin Plume: Yeah. So I I look at the two biggest things that I think about, Seth, is, number one, just last week, one of China's biggest trading banks stopped the the trade of of paper gold. They don't want people trading in paper gold. They saw a lot of manipulation. They're moving away from There's a lot of reports on this out that they just They wanna get people away from trading the paper in China and really focusing more on the physical.
• 5:58
  And I think a lot of it has to do with the, you know, the volatility we saw over the last twelve to eighteen months. So that's the and that's pretty important that major institution would get out of the paper trading market. It's so profitable to not have to move gold, to not actually have to buy any gold. And so for them to get away with it, they know that the the exposure is too high for them and also for people buying it with them. So that's the first thing that I would talk about.
• 6:25
  And then I would just talk about what happened earlier this year. And people are saying to me, well, the price pulled back. Who's selling? Why is the price moving back? And it's interesting.
• 6:38
  And really, if you look at the numbers, ETF, GLD, 14,400,000,000 in outflows starting March 1 all the way till the end of May. So you had the the biggest ETF liquidations in history. And and who are those people? And it's mostly hedge funds. It's people getting out of positions that have been in it for a long time, profit taking.
• 7:06
  I mean, that's why a lot of people would would get out of gold on the paper side. But really on the physical side, you haven't seen that amount of selling. So it's just the the contract selling. So I I think that's the thing that people should keep in mind is that it it's really the the paper selling that's pushed a lot of the price down.
• 7:29
  Seth Holehouse: So just to make sure that I'm following along with this. Okay. So when you say, SLV and GLD, right, these are these are the ETFs. These are paper gold. Right?
• 7:37
  So, basically, it's almost you know, my my kind of layman's term understanding of it, it's like I'm buying a a paper that is roughly tied to the price of physical gold, yet I can trade it on the open market. And so if I wanted to go buy, say, a million dollars in gold and hold it and sell it in a month, for a lot of people, they're gonna go buy that GLD. They're gonna buy the gold ETF, which is the paper representation of that gold because they can get in, they can get out very quickly the same way that you would go buy Apple or Tesla and then sell it a month later. And so if I understand correctly, you're saying that from, you know, this time in March heading into April, May, that we saw some of the biggest holders of that paper just kinda dumping it, kinda really exiting their paper positions, basically, which and even though the paper market is separate from the physical market, I they're they're very closely tied. Right?
• 8:33
  So am I correct in saying that a bank could say exit a large paper position of gold or silver, dump it into the market, which would then cause like, say, you know, someone sold a huge shareholder of Apple that's dumped 10%, you know, at the equivalent 10% of the Apple stock into the market, the price would drop down. So, like, they could use that to then that would then tie into the physical price as well. Is that right?
• 8:58
  Collin Plume: A 100%. And, also, let's tie that into what's happening on the physical market. Obviously, we're a physical gold and silver dealer. So what we saw and what the industry saw was the most liquidations in the physical market in October, November, December, and January was the was the apex for the whole industry, which was the peak. That was the peak of gold and silver.
• 9:23
  And these were on our side, these were clients that had bought gold and silver from us. Some of them had bought it at gold at 1,300. Some of them had bought silver at 14 or $15 an ounce. Well, fast forward to January, the price is $120 If you bought silver at $14 or $15 or $18 or $20 or $30 even, some of those people, you know, took profit in their IRA. Gold, the same.
• 9:50
  Some of them bought gold in the, you know, the $1,314,100 dollars range, and then gold was at $5,400 So on the physical side, a lot of them sold in their IRAs, went back into cash, then the slowing dipped on the physical side in February, March, and now fast forward to last month, the lowest amount of liquidations that we've had in two or three years on the physical side. And that's also how it's been in terms of the industry.
• 10:17
  Seth Holehouse: Yes. The world is getting crazier every day. We know that. Every time you check the news, another crisis, conflict. You can't control what happens out there.
• 10:25
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• 11:01
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• 11:19
  Collin Plume: I think the thing that's interesting is that you see in March, the paper market, March to May, liquidations, paper, paper, paper, price pulls back. The physical selling of gold had already slowed down, and now we're at the lowest point in terms of physical in terms of our company and from what I've heard in terms of the industry, the amount of liquidations has slowed down. And some of our clients that bought in an IRA and sold in January and are sitting in cash are coming back into the market because they saw a huge profit, went back into cash, they didn't pay any tax because they're in their IRA, So it's all tax deferred. And now they're coming back in because they like the price in the $4,000 range for gold and they like the price for silver. Other clients obviously had liquidated, maybe they're using some of the money, but then they're like, well, I'm making 0.7% in a money market or some of these accounts.
• 12:20
  How am I gonna get a decent return? So a lot of them are coming back into the market. So that's the physical side, and that's the story that I think people don't realize is that there's really kind of two markets. There's the physical market and the paper market, and a lot of times they're not moving in the same kind of ways, and people are doing different things for different regions. Most of the liquidation from March to May on the paper market and GLD was people like you mentioned, Seth, that, like, you know, you could leverage a million dollars of gold with 50,000, and and maybe they they timed the market wrong, and they're they're taking a bath, and they're trying to get out.
• 12:59
  So people on the paper market are are trying to do things in a much different way than the actual physical buyers of gold. And then you look at the physical, the central banks, no slowing down. Royal Gold Council came out with just a report. Everybody's on pace. We're gonna get to a thousand tons by central banks again this year.
• 13:18
  So those buyers aren't slowing down, and they're buying the actual gold. They're not buying the GLD or the SLV, if that makes sense.
• 13:25
  Seth Holehouse: Yes. Which is kinda interesting, because I'm looking at because I try to look at the kind of zooming out and say, okay, what are the trends and the patterns? Right? And I think what you're seeing you obviously had have a lot of the retail, you know, activity. Right?
• 13:38
  Like what you mentioned. You know, you're dealing with a lot of retail customers that are coming in with an IRA. They're buying and, yeah, you know, because I'm I'm also I had a lot of relationships in the gold and silver and jewelry industry, and I I kept a lot of those relationships open, I I I like kinda talking, hey. What are they seeing as big coin dealers or refiners? And, yeah, I mean, earlier this year, January in December, January, February, they were so backed up.
• 14:04
  Everyone was saying, hey. My goodness. Wow. This this silver's worth so much time. They're selling and they're selling and they're selling.
• 14:10
  Right? There's it was actually overwhelming the suppliers, or it was overwhelming, sorry, the buyers and overwhelming the refiners that were buying, you know, continental silver, scrap silver, etcetera. And so, but it's kind of shifting. And so when you when you say that the central banks, though, are still buying so I I'd seen something recently. I think it was China.
• 14:34
  And I know that China's they you know, like most things, they have a veil of secrecy over much of what they're doing. But from what I recall, their their buying of physical gold is exponentially increasing. And they're simultaneously they're dumping more and more treasury bonds, which I think is there's also the big threat, Japan dumping treasury bonds. I mean, it seems like, you know, though I feel like that I've been talking about this for, you know, three or four years, this idea of dedollarization, this idea of the emergence of the bricks, people losing trust and faith in the US dollar as we keep printing and printing and printing and moving towards metals, it seems like that is just accelerating, where sovereign banks and central banks are are kind of moving even harder into just to physical metals and moving away from paper, whether it's paper treasury bonds or paper gold and paper silver.
• 15:32
  Collin Plume: A 100%. And and also, you know, what are the options? I always look at options. Like, what are everyone's options out there? Another tangible investment that people that like precious metals like is real estate.
• 15:43
  And I think you and I both thought we were going to see some good news on the real estate front. But now with inflation, reported inflation going higher, there's not much that Kevin Morris can do in terms of lowering interest rates. You saw the thirty year treasury continue to go higher, which is gonna push the ten year treasury higher. Thirty year mortgages are not coming down. So there's a massive collapse coming in commercial real estate.
• 16:13
  We're seeing more and more foreclosures. We're seeing more and more properties go back to the bank. So where can you get that kind of safe return in a physical item that you own? I think a lot of us thought real estate would be coming back sooner than later, and it doesn't look like the real estate market's gonna have the thing that it needs, which it really needs lower interest rates to get things moving again. I do think he's gonna do quantitative easing, which will put some money out in the market because I do think he's gonna wanna do something.
• 16:43
  He's even, you know, talked about maybe raising interest rates, which obviously that would completely collapse the real estate market. So I have a hard time believing that's gonna happen, but, you know, there's really just not a lot of options out there. The average savings account right now is paying 0.7%. So where can you get a return that's gonna keep up with at least the government inflation numbers, are closer to 4%? You know, how do you get those kind of returns?
• 17:12
  And I think it's gonna just come back to commodities. Coppers a lot of people are talking about copper and gold and silver. It's just it's it's one of the true things that will continue to go up over time because most things are not a necessity. That's the thing about gold and silver. They continue to be necessities in today's world from solar panels to electric vehicles, everything out there.
• 17:34
  And then you just see the central banks continuing to buy it. It's really you can control your destiny with precious metals long term, whereas a lot of things out there, AI, you know, the unpredictability of AI, have people asking me about it every day, and I think there's a lot that could potentially go wrong in the AI bubble. I think we're going to go through another, like a 2001 collapse, you know, like we saw in the .com bubble. I think we're going see an AI collapse. So there's just not a lot of investments that that feel much safer that people will actually need and want, in this new economy.
• 18:09
  Seth Holehouse: Yeah. I I I couldn't agree more. It's it's kind of I mean, it you know, it is again, it's it's we're kind of living in in era right now of a lot of uncertainty. Right? It's almost like trying to predict what's gonna happen with Iran.
• 18:23
  It's like, oh, yeah. It's gonna be a a two or three week operation. It's like, okay. I feel like that we're in kind of Iraq two point o, right, or the war on terror two point o now because it's it's it's just not settling down. But you in terms of you looking, it's like, where like, say you're sitting on a million dollar IRA, where do you put it?
• 18:42
  Right? Because say your your adviser's like, oh, hey. You know, SpaceX, this is where to be. Well, there you go. There there there's your haircut for the month of if if you bought SpaceX early on, you know, short for its IPO.
• 18:53
  But, you know, even the stock market, which has done, you you know, objectively fantastic. However, it's like it does until it doesn't. And if you're looking you mentioned the, you know, the the 2,001, you know, the .com, you know, kind of bus. I mean, I feel like that the AI, it's almost like you take the scale of the .com collapse. It's like what we're seeing now, it's like they've taken that, they've inflated it a 100 times over.
• 19:18
  Not because it's almost because that bubble has also matched the the printing and the increasing of the the money supply. And so it's like the whole thing is it just feels like everything is just kind of on the edge of of chaos, I guess you could say. Not to be a fearmonger. That's just the sense I have.
• 19:36
  Collin Plume: Well and and let let's talk about global defense, our spending. You know? It's we're we're talking about 3,000,000,000,000 a year. It's it's a pretty massive amount of of spending on everything that's happening. Iran, everything that's out there, you know, protecting ourselves, you know, and a lot of people aren't aware.
• 19:54
  In 1942, this is a story a lot of people aren't aware of, during the Manhattan Project, the government needed metals and copper was rationed and they didn't know where to go. So actually, the military actually bought they actually borrowed 14,000 tons of silver from the US Treasury. And they didn't ask anybody's permission, they just did it. And so people don't realize, like, it's just another use of silver that is it's just not talked about enough. And think when you talk about, you know, military spending and how much the government needs, and I think I told you in my book, I tried a million different ways to find out for my silver book how much silver the government needs, and I couldn't find out any of the numbers.
• 20:43
  But, you know, we've seen this happen from time where the government needs more of these metals, they're not gonna ask. They're just gonna take. Right? And so last year, you have the US government and the Chinese government make silver a critical metal. It's because they need it for military.
• 21:01
  They need it for electric vehicle. They need it for all the things they're doing. So they don't wanna talk about it. They don't wanna publicize it too much. But when they make it a critical metal, when they say that they need it, silver, they're saying that they're gonna do everything in their power to keep it and hoard it, and China and The US are doing that.
• 21:21
  So, you know, people think like, oh, you know, with silver, the volatility and the like, what's my long term projection? It's like, well, if it wasn't in demand, why would China and The US do that? They've never done that. The US has never made silver a critical metal. So they obviously know they're gonna need it for the future.
• 21:41
  The US imports two thirds of its silver that it uses in this country, so they're trying to gobble up as much silver as possible, but they wanna make sure that they don't have to pay an exorbitant price. So they don't wanna create this hysteria where they're telling people like, yeah, we actually need way more silver than we're we're talking about because they know the price will go up. So I guarantee you, I know who the buyer, one of the buyers of silver is below $60 an ounce, it's the US government. It's because they wanna buy it at this price and they'll continue to buy it. So it's an opportunity for them just like a lot of the Noble Gold clients are seeing an opportunity at this price.
• 22:20
  You know, that's the thing. It's like, if you're gonna buy and people bought it at a $100,110, they bought silver they bought gold at 5,400, They should be looking at this as a massive buying opportunity. And and we've seen gold and silver move like a stair step. They go up. They level off.
• 22:38
  They go up. They level off. And so I I really truly believe that's the dynamic that we're in right now is you have this massive demand. There was a sell off on the paper markets in gold and silver, and now you're seeing the true buyers come to the table and they buy the physical metal, and they're not worried about the paper metal. Because we know the paper market is all just fluff.
• 22:58
  We know it almost collapsed last year. I mean, you saw it. I mean, everything LBMA everywhere, they said they didn't have enough. They didn't have delivery. I mean, it's really just to suppress the price.
• 23:08
  It's really not an indication of the demand of of these two metals.
• 23:12
  Seth Holehouse: I couldn't agree more. Actually, I found an article, you know, kinda hint looking at China. This is that just came out. It says Goldman Sachs note hints that China's real gold accumulation may be much more than double official numbers. Yep.
• 23:25
  It says that, Goldman Sachs estimates that China bought 48 tons of gold via the London OTC market in May, nearly five times the official 10 tons reported with central bank buying, seen underpinning prices amid hawkish Fed pricing. And and that's that's again, this is what you're seeing. Right? It's it's like these so China central banks are the sovereign banks. They're not looking at this the same way a lot of retail investors do, where they're looking at their watching and say, oh, well, you know, am I going down a little bit more?
• 23:57
  Or they know what they're buying. And do you if you couple this information together with the other report that we talked about, how China has shut they're basically yeah. The the Chinese paper gold is shutting down the paper gold trading. Right? This is there's something much bigger going on here.
• 24:17
  And if you look at, again, really the two competing superpowers in this world are China and The United States. And it's really it's it's kind of the the the age old tale since I've been alive, right, that there's this this competition between the two of them, and a lot of this does come down to what's happening in these markets. But it's almost like you can get this sense that whether it's these governments, the central banks, or even these wealthy family offices, that they see that something is coming, and they are quietly moving. It's like Buffett moving in into his largest cash position, moving out of the stock market. Like, there's something coming, and there's these indicators.
• 24:56
  It's really hard to pinpoint exactly when it's gonna happen, but I don't know. I mean, do you get that sense too that there's just there's a big shift that's on the horizon?
• 25:05
  Collin Plume: Yeah. A 100%. And and I think, you know, in terms of the industry, I've seen it. I've been in the industry for almost eighteen years now, and it's like you have these, you know, growth times, and then you have, like, in the pullback and you see companies close and go out of business, and we're seeing that this year. There's some of our competitors have shut their doors, and we're getting a lot more phone calls from people, but we're seeing a consolidation.
• 25:31
  A lot of it just has to do with, like, who can rise above and continue to operate business and deliver and do things the right way, which Noble Gold has been able to do. The other thing is like, it's just like a boom and bust. A lot of these companies just survive in the boom time, but they don't, when the metals pull back a little bit, they just have a hard time. And so I think there's a consolidation in the industry. A lot more data is coming out about companies, but we at Noble Gold have really just risen up.
• 25:58
  This has been our staff, average staff right now is almost seven years with Noble Gold. We've only been in business for ten years. So it's been really amazing to see this consolidation, this pullback. And then what I'm seeing a lot of now is just a lot of clients coming back, referring people. It's really starting to take shape.
• 26:19
  So I think we're in the next, bull cycle. We're gonna see this run up again. And, I'm just excited to see where things go.
• 26:25
  Seth Holehouse: What's also important for me because, you know, anything financial, especially for people dealing with their nest egg, right, their IRA, etcetera, it's a big deal. And I I've had a lot of companies come to me and they say, hey. Look. You know, we'll we'll offer you large sums of money to promote our our gold and silver. And I I you know, in the past, I've looked into it, and you find out or actually, what I've done is, like, I will call them as a customer because, like, I know the industry.
• 26:53
  Right? You can't fool me. And I would be Mary, when I first started working with you, this is probably almost six or maybe five years ago, I called in, and I talked to one of your guys, one of your one of your salespeople, and didn't say who I was, and I was probing them. How do you price things? Like, what percentages do you what's your commission?
• 27:11
  How does this all work? And I was like, oh, okay. Like, this is actually really good because there's these other companies that they're charging a, you know, huge premium, and then they can offer they offer these influencers huge paychecks because, fundamentally, though, they're they're kind of robbing, you know, the the client to pay the other influencer, and I I would go to sleep well with that. Right? Like, my mom my own mom just finished transferring her IRA over into a a gold with you guys, right, with Noble Gold.
• 27:37
  And so that's that's an important thing. It's also and, you know, went and looked at the reviews. And you have the occasional thing. It's like, oh, like, my package, it took an extra two days to get my package to arrive. Or but, you know, fundamentally, it's just there's there's a positive track record, which is and you mentioned, you know, another you know, there's a big gold and silver dealer that just went bankrupt, and that's you know, they owe, you know, tens of millions of dollars to clients.
• 28:00
  It was it was you know, it's almost the more you peel back the layer, it looks like it was a little of a Ponzi scheme. And so that's what's made me even more confident in just saying, okay. Hey. Because I feel the responsibility to the audience if I say, hey. I I believe in this.
• 28:12
  I I I wanna make sure that I actually do believe in it because Yeah. That's you know, like, I I won't sell my integrity for for a a fat paycheck. It's just not how I operate.
• 28:22
  Collin Plume: Yeah. Yeah. And unfortunately, there are a lot of people that do. And, you know, at the end of the day, we even tell people when they call us, check us out. Check out our reviews.
• 28:32
  Last, like, ninety days. I mean, I think we've added, like, 80 reviews, real clients, people, experiences. It's important to check things out and take your time when you're doing something like this. But I think at the end of the day, the nice thing is you're buying physical metals, you own it, you're in control of it. If you're doing an IRA, we're going to walk you through it, help you with the paperwork.
• 28:53
  For shipping, we're going ship to your doorstep safely, quickly. You can read in the reviews people's actual experience they have with us. But at the end of the day, we put our money where our mouth is. We make sure that we get it to you quickly, the product's perfect. And then also what's really important and a lot of people forget is like liquidation.
• 29:12
  You want to have a company that will buy back. You know, people that buy from dealers that go out of business, they're calling us, people buy from Costco. You know, they're buying, they're calling us to liquidate, we can buy back. So you have a safe place to sell when you wanna take that profit. And a lot of people that liquidated in January made a huge profit.
• 29:31
  They were happy. We're there to take care of them and do it quickly and safely. And now, you know, they're coming back in because they like the price. So it's a two way street with us, Seth, and that's important. But at the end of the day, we'll continue to do that.
• 29:45
  And, you know, I think, you know, people always joke about it, but it's like, once we have this conversation and goals at $10,000 an ounce, we'll look back and we'll realize that, you know, we were in the right place at the right time. And, you know, there's gonna be a lot of people that will profit pretty substantially from that and also be able to take care of their family and protect their family in a great way. And that's really the majority of our clients are family people that are looking to protect themselves and protect their nest egg and protect what they build. And a lot of them are doing that with precious metals.
• 30:20
  Seth Holehouse: Exactly. And so, for people that are interested in contacting Colin, your team, we've got a really easy website set up. It's just goldwithseth.com. You can fill out the form here, or you can just call in (877) 646-5347. Those details are also in the, description below.
• 30:39
  And I can just again, my own mom just finished up. She's working with Micah. Right? You know, I interview sometimes, and she's had a great experience. Actually, trouble came from her own custodian, her own know, kind of bank that didn't wanna release her funds because they're like, oh, we can move into this instead and everything.
• 30:54
  They they don't want you going into something they can't keep profiting off of. Right. But, anyway, she had she had a seamless experience with it. And so, yeah, I I look at this, and I'm saying right now is the opportunity. This is the buying opportunity.
• 31:06
  The fundamentals haven't changed. What's changed has been the dumping of the paper markets, manipulation by the banks. You know, it's kinda a story as old as time, but I think that that is kind of it's it's shifting. So, anyway, Colin, thank you again for giving us your time. And, also, thank for, you know, for all the people that are watching, listening that have worked with Noble Gold.
• 31:26
  I thank you too because that's one of the best ways you can support my show. And that's what's allowed me to be independent. I don't have anybody over my shoulder saying, Seth, don't say this because, I I don't take I don't take orders very easily anyway. So but that's also because, you know, this has been been a big part of that. So, yeah, thank you very much, Colin.
• 31:43
  It's always great catching up with you.
• 31:46
  Collin Plume: Absolutely. Talk soon. And anyone looking for free information or wanna talk to somebody, a real person, give us a call at Noble Investments.
• 31:53
  Seth Holehouse: Alright. Take care. Thank you, Colin. Ladies and gentlemen, our world is being poisoned. Every day, we're exposed to more chemicals sprayed into our skies, leaching into our food, and polluting our air and water.
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