Latest / The Bullion Advantage | Wealth Protection, Politics and Finance Insights From The #1 UK Gold Dealer / Labour Threaten MORE TAX HIKES and Gold Breaks Another Record

Transcript

Labour Threaten MORE TAX HIKES and Gold Breaks Another Record · The Bullion Advantage | Wealth Protection, Politics and Finance Insights From The #1 UK Gold Dealer

• 0:00
  SPEAKER_00: Hi guys, Jake here.
• 0:01
  SPEAKER_00: Just a quick one from me before we start the podcast.
• 0:04
  SPEAKER_00: We had a few sound issues for the first couple of minutes of this podcast, so just bear with us throughout that.
• 0:09
  SPEAKER_00: It's only for the first three minutes or so, but if you really don't want to listen to it, you can fast forward to three minutes ten, and the sound will be perfect from there.
• 0:17
  SPEAKER_00: Thanks very much.
• 0:20
  SPEAKER_00: More tax in the next budget?
• 0:22
  SPEAKER_00: We've talked about rumours of capital gains tax rises, pension tax rises, and now there could be even more tax rises in the November budget.
• 0:31
  SPEAKER_00: In this episode, we are diving into those rumours of robbing Rachel Reeves raising VAT in the next budget, along with Gold's recent records and any other current events.
• 0:41
  SPEAKER_00: Welcome to the Bullion Advantage, the podcast giving you weekly insights into the economy, key global events and markets, whilst helping you protect and grow your wealth with physical gold.
• 0:52
  SPEAKER_00: I'm Jake from Darek Bullion, and back by Popular Demand, we've got Harry back on the podcast.
• 0:56
  SPEAKER_00: Harry, thanks so much for being with me again today.
• 0:59
  SPEAKER_01: Thanks.
• 1:02
  SPEAKER_01: It's been bloody busy.
• 1:05
  SPEAKER_00: It's good to have been.
• 1:08
  SPEAKER_01: No, no, I I I I enjoy doing this.
• 1:10
  SPEAKER_01: I enjoy letting people know about what's happening in our market, but uh yeah, it's been very busy.
• 1:15
  SPEAKER_01: Yeah.
• 1:16
  SPEAKER_00: Speaking of which, why do Labour keep coming for our money in it in any opportunity they get, basically?
• 1:22
  SPEAKER_01: Or allegedly, I should say.
• 1:24
  SPEAKER_01: Yeah, I mean look, that that that is it, it's the speculation behind everything we're talking about, isn't it?
• 1:29
  SPEAKER_01: I mean, I think a huge worry for people is where's the money now coming from?
• 1:34
  SPEAKER_01: Labour seem to be so worried about pressing anything.
• 1:37
  SPEAKER_01: I mean, that they have consciously said so many times not to raise the biggest three taxes, but where do they find that money?
• 1:45
  SPEAKER_01: That's that's the case.
• 1:46
  SPEAKER_01: If they're not gonna raise VAT, if they're not gonna raise CGT, where are they gonna get the money from?
• 1:50
  SPEAKER_01: Yeah.
• 1:51
  SPEAKER_01: And I I think a worry for a lot of people is we're not stupid.
• 1:54
  SPEAKER_01: The tax has to come from somewhere, the money has to come from somewhere, and this Labour government seemed to be turning a blind eye.
• 2:00
  SPEAKER_01: Now, on the back of the last budget, they obviously didn't extend a lot of the Tories' emergency measures.
• 2:07
  SPEAKER_01: Well, okay, they weren't changing policy, but the Tories had always intended and making that standard policy, so they kind of got away with uh again our jail free cards.
• 2:16
  SPEAKER_01: Yeah.
• 2:16
  SPEAKER_01: It was right, we're not changing anything, we're just not extending it.
• 2:19
  SPEAKER_01: However, this time round, there's a 40 billion pound black hole.
• 2:22
  SPEAKER_01: The government need to find that money.
• 2:25
  SPEAKER_01: Yeah.
• 2:25
  SPEAKER_01: And where do they go from?
• 2:26
  SPEAKER_00: Yeah, is is is the government being forced to raise taxes because of their own spending, or you just previously mentioned there.
• 2:33
  SPEAKER_00: Was it the Tories' fault, or does it go even further back than that?
• 2:37
  SPEAKER_01: I I think we've had a long stream.
• 2:38
  SPEAKER_01: I mean, look, we we are savers, we're investors in what we do, we want to make our money work hard for us.
• 2:45
  SPEAKER_01: I I think actually a very pertinent bit of news on on uh GB news today was regarding uh we have the highest taxes out of all G7 countries.
• 2:55
  SPEAKER_01: Well right, we've we've made this move away from Europe, we've tried to stand on our own two feet as an economy.
• 3:01
  SPEAKER_01: What is going so wrong in this country?
• 3:03
  SPEAKER_01: That's beyond you and I, mate, that's beyond any of us, and and and it's that control that we we lack.
• 3:09
  SPEAKER_01: Yeah, so I mean look, uh I mean tax revenue as a share of national income is set to reach a UK record high of 37.4% in 2026-2027.
• 3:20
  SPEAKER_01: Let me say that again.
• 3:22
  SPEAKER_01: Tax revenue as a share of national income is set to reach a UK record of 37.4%.
• 3:32
  SPEAKER_01: 37.4%.
• 3:33
  SPEAKER_01: 37% of the revenue in this country isn't gonna come from new businesses, isn't gonna come from foreign investment, isn't gonna come from entrepreneurship, isn't gonna come from capitalism, it's going to come from taxes.
• 3:45
  SPEAKER_01: 37% of the I don't even know what to say about it.
• 3:50
  SPEAKER_01: I mean, isn't that the supposed tax for a higher higher rate taxpayer?
• 3:55
  SPEAKER_00: Yeah.
• 3:55
  SPEAKER_01: Right?
• 3:56
  SPEAKER_01: But 37% of what we have made in this country is coming from our tax.
• 4:02
  SPEAKER_00: Wow.
• 4:04
  SPEAKER_01: The thing is, mate, you might not be into politics, you might not be into the system.
• 4:09
  SPEAKER_01: However, no one has to take a deep look at this to go, right, where's the money coming from?
• 4:13
  SPEAKER_00: Exactly.
• 4:14
  SPEAKER_00: Exactly.
• 4:15
  SPEAKER_00: The the main topic uh that we'll go into this week is potential raises to VAT.
• 4:20
  SPEAKER_00: Before we get into that, just explain what VAT is and what happens to the price of everything if the government raises these rates.
• 4:27
  SPEAKER_01: Yeah, VAT, value-added tax.
• 4:29
  SPEAKER_01: I mean, everyone knows about it.
• 4:30
  SPEAKER_01: We've been reading a hell of a lot from the IFS, the Institution for Fiscal Studies.
• 4:34
  SPEAKER_01: They've been writing about all the ways that the government could be looking to raise it.
• 4:38
  SPEAKER_01: It's actually a 15-point document.
• 4:40
  SPEAKER_01: Normally it's quite clear where the government are coming from, hate or like the Tories, whatever, that they're quite clear, there's a lot of austerity.
• 4:48
  SPEAKER_01: They make it very clear where they're gonna raise the funds for in this country, however, every point the fiscal study reads, it's saying they could do this, however, not sure on that, however, they could do this, not sure on that.
• 5:01
  SPEAKER_01: It kind of begs the question.
• 5:02
  SPEAKER_01: I mean, look, we said on the last point, they they've said they're not gonna raise VAT.
• 5:05
  SPEAKER_01: So who are they gonna cripple?
• 5:06
  SPEAKER_01: Where does it happen?
• 5:08
  SPEAKER_00: There's a there's there's so many there's so much speculation about this budget, and almost every tax, they they can't really deny what they're gonna do in the next budget.
• 5:18
  SPEAKER_00: I don't know if that's just to keep the speculation going or they haven't even decided yet.
• 5:24
  SPEAKER_00: Who knows?
• 5:25
  SPEAKER_01: But um I mean the set that that is the second point the IFS makes.
• 5:28
  SPEAKER_01: So behind the fact that the we would be one of the highest taxpaying nations in they say Europe, but surely that means the world as well.
• 5:35
  SPEAKER_01: The second point they raise, okay, they don't they don't raise national insurance and they don't raise income tax, the last one's in uh VAT.
• 5:44
  SPEAKER_01: That's their second point they make.
• 5:46
  SPEAKER_01: That is a direct contradiction to their manifesto now.
• 5:49
  SPEAKER_01: Alright, we all know what politicians do, they make a manifesto, they go the other way.
• 5:52
  SPEAKER_01: Yeah.
• 5:53
  SPEAKER_01: I I it doesn't seem to be our import and export that's struggling.
• 5:57
  SPEAKER_01: It is day-to-day living, mate.
• 5:59
  SPEAKER_01: It's people wanting their money to work hard for them.
• 6:02
  SPEAKER_01: I mean, look, I'm trying to take it back to gold slightly here.
• 6:05
  SPEAKER_01: Sure.
• 6:06
  SPEAKER_01: If we had put£100,000 in gold at the beginning of the year, that same value would probably be about£143,000 today.
• 6:12
  SPEAKER_01: That's the return we've seen on gold this year.
• 6:14
  SPEAKER_01: Yeah, that's the growth we've seen.
• 6:16
  SPEAKER_01: Bank account, what, four per cent?
• 6:18
  SPEAKER_01: Perhaps, if you're lucky.
• 6:19
  SPEAKER_01: If you're lucky.
• 6:20
  SPEAKER_01: Alright, so you've seen the four percent there, but how much was your food shop?
• 6:23
  SPEAKER_01: How much has that been from January to now?
• 6:26
  SPEAKER_01: How much has the pint down the pub cost?
• 6:28
  SPEAKER_01: Yep.
• 6:28
  SPEAKER_01: How much is your holiday cost?
• 6:30
  SPEAKER_01: It's all these things, and and we've mentioned about stealth tax in previous episodes.
• 6:34
  SPEAKER_01: It all ties in together.
• 6:35
  SPEAKER_01: The worry is where does this money come from?
• 6:38
  SPEAKER_01: Exactly.
• 6:38
  SPEAKER_00: And if they don't if they don't raise the main VAT rate, is there is there any other way the government can use VAT to quietly take more money?
• 6:47
  SPEAKER_01: Um I I think look, you up the price of just general goods, don't you?
• 6:51
  SPEAKER_01: You don't have to you don't have to up the VAT rate, but if the costs of goods and what people are looking at go up, well the VAT in turn goes up with the 20% anyway.
• 6:59
  SPEAKER_01: So another stealth tax.
• 7:00
  SPEAKER_01: Yeah, of course.
• 7:01
  SPEAKER_01: It's it's another stealth tax.
• 7:02
  SPEAKER_01: I mean, we've got to be wise to the fact they're gonna be a little bit smarter with it.
• 7:05
  SPEAKER_01: You can't just up it and expect there not to be an uproar.
• 7:08
  SPEAKER_01: Yeah, but similar to what they did in the last budget, they just didn't extend these measures that the Tories had already put in place.
• 7:12
  SPEAKER_01: So actually, this is the first one where they have to make actual changes, it has to be proactive, supposedly, as opposed to reactive.
• 7:20
  SPEAKER_01: So the money's gotta come from somewhere, Jake.
• 7:22
  SPEAKER_01: I know we're gonna keep saying the same thing over and over again today, but where that money comes from is the worry.
• 7:28
  SPEAKER_01: And look, uh as you know, mate, we're we're having one of the busiest quarters ever.
• 7:33
  SPEAKER_01: And do you know what?
• 7:34
  SPEAKER_01: It's not people being greedy, it's not people wanting more money, it's not people wanting to beat the system even.
• 7:40
  SPEAKER_01: It's people who are worried.
• 7:42
  SPEAKER_01: Precisely they're scared, aren't they?
• 7:45
  SPEAKER_01: So look, when when people are scared, they do irrational things, and uh and look, we've seen so many people try to leave the country already, try try go overseas, and I I mean what's your thoughts on it, mate?
• 7:55
  SPEAKER_01: What's your I mean I can speak a lot on it, but I I know this is a view shared, isn't it?
• 7:59
  SPEAKER_00: Yeah, I mean don't do anything irrational right now, just um protect yourself.
• 8:03
  SPEAKER_00: But yeah, no, it is it is a worrying, worrying time.
• 8:07
  SPEAKER_00: There are potential tax rises in this next budget.
• 8:11
  SPEAKER_00: With uh with VAT, there is another way they could they could do it, and that is lowering the VAT threshold.
• 8:17
  SPEAKER_00: Now that can affect small businesses quite tremendously.
• 8:21
  SPEAKER_00: What what would you say could happen to your to your sort of your local plumber or your small cafe if the government lowers this VAT threshold, forcing them to charge 20% more?
• 8:31
  SPEAKER_01: No, it's it's it's a huge point.
• 8:33
  SPEAKER_01: I mean obviously the the current threshold's ninety thousand, and so a small business exceeds that, that's when they start paying the the value added tax on top.
• 8:39
  SPEAKER_01: I think for again it goes back to I know it's cliche with Labour and Conservatives, but it just it does not support uh small businesses, it doesn't support growth.
• 8:50
  SPEAKER_01: I mean, again, you're penalising the people who are making a go of it.
• 8:54
  SPEAKER_01: If you're turning over£100,000 a year, well, you've got some clientele there, you you've you've managed to make a little start in the world.
• 9:00
  SPEAKER_01: Well you're doing alright, but exactly you're not exactly.
• 9:03
  SPEAKER_01: I mean, we're obviously big fans of Rob Moore as well.
• 9:05
  SPEAKER_01: I mean, we we do a lot with him, and he says£100,000 salary is not what it was ten years ago and a million pounds in savings is nowhere near enough to retire on.
• 9:13
  SPEAKER_01: Exactly that.
• 9:14
  SPEAKER_01: And sometimes people see that and go, well, you're you're deluded, but let's be realistic, Jake.
• 9:19
  SPEAKER_01: I mean the way it's going.
• 9:20
  SPEAKER_01: 100%, 100%.
• 9:22
  SPEAKER_01: So so in response to that, well, all you do again is pinch the guy who's trying to work hard.
• 9:28
  SPEAKER_01: Exactly.
• 9:29
  SPEAKER_01: I mean, we have extortionate amounts of benefits going out to people who choose not to work hard.
• 9:34
  SPEAKER_01: We have ridiculous amounts of foreign aid money going, and and look, there is a place for that, and and people do need to be protected and looked after.
• 9:42
  SPEAKER_01: However, penalising the chap who's getting up every day or the lady getting up to do her small business every day is not the way to get a country behind you, is it?
• 9:52
  SPEAKER_00: Not at all.
• 9:53
  SPEAKER_00: No.
• 9:53
  SPEAKER_00: And yeah, like you just said, it is just penalising them.
• 9:56
  SPEAKER_00: If you make a small cafe charge 20% more for a cup of coffee, or your local plumber to charge 20% more for his services, people out there already feeling the pinch, they're just not gonna do it.
• 10:06
  SPEAKER_00: And what does that and we've seen it in housing, Jake?
• 10:09
  SPEAKER_01: You penalise the person who's got to pay the tax.
• 10:11
  SPEAKER_01: What happens to the end consumer?
• 10:12
  SPEAKER_01: Exactly.
• 10:13
  SPEAKER_01: Exactly like property, they up the taxes on landlords, so the landlords up the rent, so then the rent by the person paying it became even larger, which meant they couldn't save for a property to buy, which meant they never got on the ladder, which meant they're in a perpetual state of paycheck to paycheck.
• 10:30
  SPEAKER_01: Yeah, it breeds a terrible mindset of always being in the rat race, always scrambling.
• 10:37
  SPEAKER_01: So, what we need to do is get as far away from that system as possible and and and protect one another.
• 10:44
  SPEAKER_01: This is this is the thing.
• 10:44
  SPEAKER_01: I mean, again, you know we speak to a lot of people every day, Jake.
• 10:48
  SPEAKER_01: It's not people disliking other people, it's not the left disliking the right.
• 10:52
  SPEAKER_01: The thing we're seeing most, people are scared against the system.
• 10:55
  SPEAKER_01: Yeah.
• 10:56
  SPEAKER_01: This system is inherently against us right now.
• 10:59
  SPEAKER_01: Exactly.
• 11:00
  SPEAKER_01: You you you take more and give nothing.
• 11:03
  SPEAKER_01: Where's the incentives for these small businesses?
• 11:06
  SPEAKER_01: Well, I don't I don't know.
• 11:08
  SPEAKER_01: I know this is a broadcast for those watching.
• 11:10
  SPEAKER_01: Jake looked at me with a very blank expression that I did not know how to answer that question.
• 11:14
  SPEAKER_01: But there is no answer, Jake.
• 11:16
  SPEAKER_01: This this is it.
• 11:17
  SPEAKER_01: I mean, it doesn't take two chaps in their the sort of late 20s, early thirties to to have this discussion to realise bloody hell, something needs to change.
• 11:25
  SPEAKER_01: I know.
• 11:25
  SPEAKER_01: Because every person you meet, what do they want?
• 11:28
  SPEAKER_01: They want a roof over their head, they want food on the table, and they just want to get by, mate.
• 11:32
  SPEAKER_01: They just want to get by.
• 11:33
  SPEAKER_01: And we're living in a country right now where we cannot even do that.
• 11:37
  SPEAKER_01: I know.
• 11:37
  SPEAKER_00: Yeah, it's it's concerning, concerning times.
• 11:41
  SPEAKER_00: Just moving the conversation on to gold briefly for a little bit.
• 11:46
  SPEAKER_00: Might be, it might be.
• 11:48
  SPEAKER_00: Don't tell anyone with the price.
• 11:51
  SPEAKER_00: Uh obviously, you know, it keeps it keeps just breaking records.
• 11:54
  SPEAKER_00: Obviously, there's going to be people out there speculating that this can't go on forever.
• 11:59
  SPEAKER_00: What are experts predicting could happen to gold next?
• 12:02
  SPEAKER_00: And also, what are your predictions or thoughts?
• 12:05
  SPEAKER_01: Yeah, I mean, look, Jake, we we we've we've dealt with this for the last 20 years.
• 12:08
  SPEAKER_01: We've always say gold's at an all-time high.
• 12:10
  SPEAKER_01: Yeah.
• 12:10
  SPEAKER_01: And it's so hard not to sound condescending, it's so hard not to sound cliche of anything you say.
• 12:15
  SPEAKER_01: And the truth is you look at gold as a protection of wealth.
• 12:19
  SPEAKER_01: Gold typically does its best in times of uncertainty.
• 12:22
  SPEAKER_01: Yeah.
• 12:22
  SPEAKER_01: I think it's fair to say we're in uncertain times.
• 12:25
  SPEAKER_01: Perhaps, maybe a little bit.
• 12:26
  SPEAKER_01: So um for for us, it's really don't see it in all-time high.
• 12:30
  SPEAKER_01: You would have to be the unluckiest guy on earth to buy now and gold never reach this peak again, right?
• 12:35
  SPEAKER_01: I mean, if you'd done it in the last 20 years, there's not a man who would have bought 20 years ago now who would not be in a good position with gold.
• 12:42
  SPEAKER_01: Just about a thousand percent increase, I think.
• 12:45
  SPEAKER_01: Exactly.
• 12:45
  SPEAKER_01: And I look, we're we're we're really honest with it.
• 12:47
  SPEAKER_01: In the last 20 years, there's been 17 positive and three negative years.
• 12:51
  SPEAKER_01: But what it shows you is gold has stood the test of time.
• 12:54
  SPEAKER_01: I mean, look, last week, I'm sure you were going to talk about this on another podcast, Jay.
• 12:57
  SPEAKER_01: £20,000 wiped off Bitcoin.
• 13:00
  SPEAKER_01: Wow.
• 13:01
  SPEAKER_01: £20,000 per coin.
• 13:02
  SPEAKER_01: I mean, that has caused bedlam in the crypto market, and a lot of people are jumping on it, going, well, great time to buy.
• 13:10
  SPEAKER_01: But you have to remind people, well, at the same breath, these people have just lost out.
• 13:14
  SPEAKER_01: Diversify, protect, grow, don't be greedy, create generational wealth, not not uh everyone's wanting to get rich quick, aren't they?
• 13:22
  SPEAKER_01: So this is about protection.
• 13:24
  SPEAKER_01: You don't know what's happening.
• 13:25
  SPEAKER_01: Bottom line, regardless of what we talk about today, we don't know what taxes Labour are going to bring in.
• 13:30
  SPEAKER_01: All we do know for certain is there will be taxes.
• 13:33
  SPEAKER_01: Yes.
• 13:33
  SPEAKER_01: And and and in one way or another.
• 13:35
  SPEAKER_01: In one way or another, there will be taxes.
• 13:36
  SPEAKER_01: Exactly.
• 13:37
  SPEAKER_01: What they are is going to affect all of us.
• 13:39
  SPEAKER_00: So to give the listeners some practical information that they can act on straight away.
• 13:45
  SPEAKER_00: For a listener worried about all these tax changes, what what's the first step they can take towards protecting their wealth?
• 13:51
  SPEAKER_01: Um, I I think one of the first things is get into a tax-free product if possible.
• 13:56
  SPEAKER_01: Obviously, we've we've spoken about uh British gold coins before.
• 13:58
  SPEAKER_01: Uh all 22 and 24 carat gold is VAT free.
• 14:02
  SPEAKER_01: 22 carat is 91.67% pure, and 22 is 99.99% pure.
• 14:08
  SPEAKER_01: So uh they're both VAT free.
• 14:10
  SPEAKER_01: The reason they are also capital gains tax-free is because they're technically British legal tender.
• 14:16
  SPEAKER_01: Yeah.
• 14:16
  SPEAKER_01: Uh one ounce coins have£100 written on them, half ounce coins have£50, and then quarter ounce have£25 written on them.
• 14:22
  SPEAKER_01: Um so that's your first step of actually you're not only getting something that's gonna help you beat inflation, but tax efficiency as well.
• 14:30
  SPEAKER_00: Brilliant.
• 14:30
  SPEAKER_00: Just before just before we finish, earlier you mentioned the UK is gonna become the highest G7 country in terms of inflation.
• 14:40
  SPEAKER_00: Just go into that a little bit more before we before we wrap up.
• 14:43
  SPEAKER_01: Yeah, I mean look, we saw we actually saw it as a news article briefly before this podcast, didn't we?
• 14:46
  SPEAKER_01: It was uh GB News reported on it, and that and they said we're we're set to become the highest.
• 14:51
  SPEAKER_01: The scary thing is we're by no means the highest exporter, the highest importer.
• 14:56
  SPEAKER_01: And it begs the question with what's happening here, whether people believed in Brexit or not.
• 15:00
  SPEAKER_01: Well, we're we're certainly suffering right now under our own government, under our own jurisdiction.
• 15:06
  SPEAKER_01: People people are are worried about where it's going.
• 15:09
  SPEAKER_01: If taxes keep going up, you're just gonna deter more and more and more people.
• 15:14
  SPEAKER_01: To be honest, mate, we're worried.
• 15:15
  SPEAKER_01: I mean, we are.
• 15:16
  SPEAKER_01: I mean I I I know you um speak to us a lot uh when when we're when we're out in the office, but um the the supply chain for gold.
• 15:25
  SPEAKER_01: I mean, there's such high demand.
• 15:28
  SPEAKER_01: Uh companies are trying to buy gold from us right now.
• 15:31
  SPEAKER_01: Not not not just not just retail, I mean retail and commercial, but commercial on another level.
• 15:36
  SPEAKER_01: I mean, these guys want to stockpile and stack.
• 15:40
  SPEAKER_01: And I think it's uh it's it's a worrying thing.
• 15:43
  SPEAKER_01: I I look, I I digress slightly and and I urge anyone to go on the IFS website.
• 15:47
  SPEAKER_01: It's it's a relatively quick read.
• 15:49
  SPEAKER_01: Yeah.
• 15:49
  SPEAKER_01: But the Institution for Fiscal Studies, as I say, they had a 15-point study on it saying where they can do.
• 15:55
  SPEAKER_01: On one line it's saying Labour could do this, or on the next line it's saying that will go completely against their manifesto.
• 16:00
  SPEAKER_01: All we're suggesting is just be apparent of what's happening.
• 16:05
  SPEAKER_01: We're telling everyone there's a car crash coming.
• 16:08
  SPEAKER_01: Everyone knows it.
• 16:10
  SPEAKER_01: Do you want to protect yourself before the car crash, or do you want to get involved after?
• 16:15
  SPEAKER_01: And that is as simple as it becomes.
• 16:17
  SPEAKER_00: Yeah, precisely that.
• 16:19
  SPEAKER_00: Anything else you want to talk about before we wrap up?
• 16:21
  SPEAKER_01: No, I mean look, Jake, thanks very much for having me again today.
• 16:24
  SPEAKER_01: Uh I mean we we we always encourage people to call in, have a chat with us, speak to us about what the best options are for you.
• 16:29
  SPEAKER_01: It's not just gold, it's it's looking at the different options within gold as well.
• 16:33
  SPEAKER_01: Uh uh other than that, though, mate.
• 16:34
  SPEAKER_01: Thanks, thanks for having me.
• 16:35
  SPEAKER_00: Look forward to coming back soon.
• 16:36
  SPEAKER_00: No problem.
• 16:36
  SPEAKER_00: And if you want to get more information online, go to guide.directbullion.com.
• 16:42
  SPEAKER_00: Thanks so much, Harry.
• 16:42
  SPEAKER_00: Really appreciate your time.
• 16:44
  SPEAKER_00: Cheers.
• 16:45
  SPEAKER_00: Thank you for tuning in to this week's episode of the Bullion Advantage.
• 16:49
  SPEAKER_00: Can you trust this government to help with protecting and growing your wealth?
• 16:53
  SPEAKER_00: Or are they just looking to make more and more money off you wherever they can?
• 16:57
  SPEAKER_00: Markets move, currencies lose value, and uncertainty never really goes away.
• 17:02
  SPEAKER_00: But gold has been the one constant through it all.
• 17:04
  SPEAKER_00: Real, tangible, and trusted.
• 17:07
  SPEAKER_00: If you've been listening to this podcast and think it might be time to take a closer look at gold, you can get a copy of our free guide to tax-free gold at guide.directbullion.com.
• 17:18
  SPEAKER_00: That's guide.directbullion.com.
• 17:21
  SPEAKER_00: Also, don't forget, hit that subscribe button on YouTube or follow on Spotify.
• 17:25
  SPEAKER_00: We're also now on Apple Podcasts or wherever you get your podcasts.
• 17:29
  SPEAKER_00: Next week, we'll be unpacking the latest Robin Rachel report, as well as any updates or important news from the next week, so you're not gonna want to miss it.
• 17:38
  SPEAKER_00: Remember, share this with anyone who's on the fence about gold, comment below, and we'll answer your questions in the next episode.
• 17:44
  SPEAKER_00: But for now, this has been the Bullion Advantage.
• 17:46
  SPEAKER_00: Thanks so much for listening.
• 17:47
  SPEAKER_00: The purchase of gold does not constitute an investment or offer financial returns.
• 17:52
  SPEAKER_00: Gold is considered a store of value and not an investment product.
• 17:56
  SPEAKER_00: Past performance of gold is not indicative of future performance.
• 18:00
  SPEAKER_00: Prices and values of precious metals can fluctuate and are influenced by various market factors.
• 18:05
  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.