Latest / The Table with Anthony ONeal / The Investment Big Banks Don't Want You to Know About!
Transcript
- 0:01[SPEAKER_00]: Um, Brandon, I want to get straight into it.
- 0:03[SPEAKER_00]: Um, America's in the middle of a war.
- 0:07[SPEAKER_00]: America is seeing gas prices have jumped up tremendously.
- 0:12[SPEAKER_00]: We're seeing a stop market go up, down, up, down.
- 0:14[SPEAKER_00]: Um, and people are concerned.
- 0:17[SPEAKER_00]: The conversation we're going to have today around gold.
- 0:20[SPEAKER_00]: Why is that such an important conversation to be having right now?
- 0:25[SPEAKER_01]: It's a good question, you know, and I think it kind of ties into everything.
- 0:30[SPEAKER_01]: I mean, you name a geopolitical factor, you name the government factor, you name the financial factor, and the thing is that our trust has been lost on all those.
- 0:40[SPEAKER_01]: You know, I feel like,
- 0:41[SPEAKER_01]: You know, whatever your opinion on COVID is, whatever your opinion on08 is, whatever your opinion on the last 25 years, 26 years in this country, you've been, I think the trust and institutions trust and what they can tell you in the journalism world has just been completely eradicated and when that happens, you need some sort of a Norse star in the financial world.
- 1:00[SPEAKER_01]: Where is that, you know, who can you trust?
- 1:02[SPEAKER_01]: And
- 1:02[SPEAKER_01]: goal with its track record and the fact that there's no middle man, there's no, you know, advisor for your goal.
- 1:09[SPEAKER_01]: It's something that you can actually hang your hat on.
- 1:11[SPEAKER_01]: It does serve that purpose and I feel people like that.
- 1:13[SPEAKER_01]: They like to know that this authentic, you know.
- 1:16[SPEAKER_01]: Gotcha.
- 1:16[SPEAKER_00]: Yeah.
- 1:17[SPEAKER_00]: Why, why brand it?
- 1:18[SPEAKER_00]: Why Thor, metal, why will you say you and your organization are, if not the best, one of the best companies to have this conversation and why should people
- 1:31[SPEAKER_01]: And again, you know, we all sell the same pasta sauce.
- 1:35[SPEAKER_01]: It's just depends who stirs it.
- 1:36[SPEAKER_01]: I mean, that's And that's kind of I guess that's my answer.
- 1:41[SPEAKER_01]: You know, it's basically like you're doing something new, right?
- 1:45[SPEAKER_01]: Gold's been around forever, but for my experience, the people I invested in it is their first time 99.9% of the time for sure, right?
- 1:51[SPEAKER_01]: So there's there's two types of educate in my life.
- 1:54[SPEAKER_01]: There's educate to inform and educate to sell them.
- 1:57[SPEAKER_01]: And I feel that everybody in our industry educates to sell, which is just giving enough information so that they can get you, you know, to divest your money, you know, get your money, right, and then there's educate to inform, which is let me tell you what exactly this investment, what exactly this asset does, and then you can tell me if it's a good thing for you.
- 2:14[SPEAKER_01]: And so then your expectations are aligned.
- 2:16[SPEAKER_01]: I feel that we do a really good job of educating to inform, whereas everyone else is educating to sell.
- 2:20[SPEAKER_00]: No, no.
- 2:21[SPEAKER_00]: I remember when I first met with you and I said, man, I want to learn more about gold.
- 2:25[SPEAKER_00]: And you met one of my friends, Courtney.
- 2:28[SPEAKER_00]: I didn't even think he was on his show and me him been talking about just the success of gold and even silver over the last two years.
- 2:36[SPEAKER_00]: How long have you been in the gold industry?
- 2:38[SPEAKER_00]: How long have you been a part of what we're talking about today?
- 2:42[SPEAKER_01]: Yeah, um.
- 2:44[SPEAKER_01]: 13 years ago for decade.
- 2:46[SPEAKER_01]: Yeah, and it's funny because you know, I came from the investment banking world.
- 2:49[SPEAKER_01]: I worked with it on partners.
- 2:51[SPEAKER_01]: And when I worked there, it was like, the same stuff, the pet rock.
- 2:55[SPEAKER_01]: It was, you know, this kind of thing.
- 2:57[SPEAKER_01]: It was looked down upon or it wasn't looked upon at all, right?
- 3:00[SPEAKER_01]: And it wasn't until I actually saw the numbers.
- 3:03[SPEAKER_01]: And I was like, he's asking, so this thing that we're ignoring has spit out returns of 20, 26, 30% of it because from 2000 to 2011, gold went up every single year between 20 and 30%.
- 3:15[SPEAKER_01]: And it wasn't until I saw those numbers, that was like, man, this is like a secret investment hiding in plain sight.
- 3:20[SPEAKER_01]: And that's the point when we were talking, this was what I said.
- 3:22[SPEAKER_01]: This is the secret investment hiding in plain sight.
- 3:24[SPEAKER_00]: I want to ask you this question because I think for me, one thing I've learned is that specifically for the audience who watch me, so majority of my people are going to be black African Americans.
- 3:34[SPEAKER_00]: They know go, but they really don't know go, right?
- 3:37[SPEAKER_00]: So when we say to work gold, they're thinking these bars that they got to go buy and pick up, and the bars are extremely heavy.
- 3:44[SPEAKER_00]: And they got to bring them to my house and stack them in my closet or in my safe.
- 3:49[SPEAKER_00]: from a, and I want you to come all the way down to, I would say the middle school level.
- 3:56[SPEAKER_00]: When we say gold, when it comes to gold IRAs, when we say gold, when it comes to investing, from a simple term, what exactly are you saying?
- 4:08[SPEAKER_00]: Gold is for someone who's saying, okay, I know gold from what I saw in school books.
- 4:12[SPEAKER_01]: Yeah.
- 4:13[SPEAKER_01]: Here's the thing they're they're they're half right, okay, but we should all be so lucky to have that much gold Right, I mean that much gold that's like billions of dollars.
- 4:22[SPEAKER_01]: Okay, so a gold bar if you wanted by a gold bar It looks like a thumb drive.
- 4:26[SPEAKER_01]: All right, it's not like the boy those gold bars Those are were millions.
- 4:30[SPEAKER_01]: Yeah, that's like it's called a good for delivery bar.
- 4:32[SPEAKER_01]: They trained on his teacher level.
- 4:33[SPEAKER_01]: All right, so that's
- 4:35[SPEAKER_01]: So that's the one is that they're not wrong, right?
- 4:37[SPEAKER_01]: It is those bars, but they can.
- 4:38[SPEAKER_01]: It just looks like thumb-shies and these coins, right?
- 4:41[SPEAKER_01]: And so you can hold the cup 100,000 dollars in gold, like in palm of your hand.
- 4:44[SPEAKER_01]: I mean, you can hold 100,000 in one hand if you had two fingers shot on them.
- 4:48[SPEAKER_01]: Wow.
- 4:49[SPEAKER_01]: It's very humbling, you know, but it is the physical stuff.
- 4:52[SPEAKER_01]: So, again, that's the part they're right about, but the wrong part is, believe me, if you pull out your back with the gold saying, I wanna know what you mean, and I wanna know what I'm on your own.
- 5:02[SPEAKER_00]: And what would you say gold is solving today?
- 5:06[SPEAKER_00]: Like, what problem if you were to invest in the gold today?
- 5:09[SPEAKER_00]: What is gold actually solving?
- 5:12[SPEAKER_00]: What's the problem?
- 5:13[SPEAKER_01]: So, it's not only a problem, but it's something that it does for you, right?
- 5:19[SPEAKER_01]: Okay, and this is what, this is my tagline.
- 5:21[SPEAKER_01]: This is what I will go to the grave, just pounding the drum one, which is there's no other asset in the history of mankind that serves two purposes.
- 5:28[SPEAKER_01]: It's both a form of currency and it's an investment.
- 5:32[SPEAKER_01]: So you can invest in gold and you can also choose gold as you're just chosen form of a well store You know, so you have a when when you earn money, you know, doing your podcast or you know being a plumber or Me being you know, I'm a gold business.
- 5:45[SPEAKER_01]: I earn wealth right and I have a choice where I want to put that well
- 5:48[SPEAKER_01]: Right.
- 5:49[SPEAKER_01]: Now the default choice right now is US dollars, right?
- 5:53[SPEAKER_01]: But because we've been so conditioned we don't even think we're making that choice We just think okay, I got my check in now made this much money, right?
- 5:58[SPEAKER_01]: Yeah, yeah, but that's US dollars So what I'm saying is gold is also a form of currency, so you can choose to pivot from the dollar in a physical gold
- 6:06[SPEAKER_01]: And guess what, when you know the dollar's been printed and quadrupled the supply of last six years, we know we're 39 trillion in debt and these are loans back by the US government, it seems like it makes more sense to uphold as you're choosing former currency than the dollar.
- 6:20[SPEAKER_00]: Ooh, yeah, and when we're talking about that, right?
- 6:23[SPEAKER_00]: I was doing some research and I saw that learn Buffett is investing into a lot of gold right now.
- 6:29[SPEAKER_00]: I even see that banks are buying gold.
- 6:32[SPEAKER_00]: So I'm curious when it comes to the average American where does the gold fit within their portfolios, their financial portfolios?
- 6:42[SPEAKER_01]: Sure.
- 6:43[SPEAKER_01]: And this is what I say that you'll find really interesting, right?
- 6:46[SPEAKER_01]: Yeah.
- 6:47[SPEAKER_01]: Think about who buys gold.
- 6:49[SPEAKER_01]: Central banks, right?
- 6:50[SPEAKER_01]: Yeah.
- 6:50[SPEAKER_01]: Yeah, but China is a soft-piling gold.
- 6:52[SPEAKER_01]: They're really central bank institutions, right?
- 6:54[SPEAKER_01]: Yes.
- 6:55[SPEAKER_01]: But who is not buying gold?
- 6:56[SPEAKER_01]: Who's not being a
- 6:59[SPEAKER_01]: Okay, is that weird?
- 7:01[SPEAKER_01]: Why is no American invested in physical gold?
- 7:04[SPEAKER_01]: It's like half a 1% of Americans.
- 7:06[SPEAKER_01]: But yet, everyone that's buying gold are the smartest guys in the room.
- 7:09[SPEAKER_01]: Fact.
- 7:10[SPEAKER_01]: Why is that, right?
- 7:11[SPEAKER_01]: In the fact that notary is because it benefits nobody, except you.
- 7:15[SPEAKER_01]: When you buy gold, it's you, right?
- 7:17[SPEAKER_01]: You're gonna buy a gold for me.
- 7:18[SPEAKER_01]: I'm gonna make a commission on it.
- 7:20[SPEAKER_01]: I can't go in there and chip off if he's over here.
- 7:22[SPEAKER_01]: It was robbery.
- 7:23[SPEAKER_01]: So it's you, it's a total sovereign investment, right?
- 7:26[SPEAKER_01]: Now think about it.
- 7:27[SPEAKER_01]: If you buy gold, you're taking money out of Bank America, Wells Fargo, so you're taking money out of the banking system.
- 7:32[SPEAKER_01]: When you have money in the banking system, they can lend it out, you know, 11 times over.
- 7:36[SPEAKER_01]: That's a fail.
- 7:36[SPEAKER_01]: When you're taking money out of your investment account with your, you know, your Maryland's guy, whatever.
- 7:41[SPEAKER_01]: Yeah.
- 7:41[SPEAKER_01]: So I thought if he has that money, he can charge you an AUM fee, he can charge your fees on your mutual funds, and yes.
- 7:46[SPEAKER_01]: So you can get a year after year after year.
- 7:47[SPEAKER_01]: So you're talking about two molds, I truly know our businesses, the banking system, and then the financial advisory business.
- 7:53[SPEAKER_01]: And then you're talking about the US government that wants you to store your wealth and I'll use back by them, which is a dollar.
- 7:59[SPEAKER_01]: So with two molds, I truly know our industries and the most powerful government in the world, not wanting you invested in this thing.
- 8:04[SPEAKER_01]: That's why we have the situation we have, which is nobody's talking about gold.
- 8:09[SPEAKER_00]: Oh, you just said something.
- 8:12[SPEAKER_00]: Ah, so if we invest into the gold,
- 8:15[SPEAKER_00]: And we go get us a nice dumb, dumb, dumb size piece of gold.
- 8:21[SPEAKER_00]: We're taking that from the big banks, big banks are not excited because how you started off was amazing.
- 8:26[SPEAKER_00]: He said, it only benefits me.
- 8:29[SPEAKER_00]: Family, you all know that I am not here to sell you any dreams.
- 8:33[SPEAKER_00]: I'm here to help you make wise, informed decisions.
- 8:37[SPEAKER_00]: Right now, we're seeing a lot of, I would say, uncertainty in the economy.
- 8:42[SPEAKER_00]: The dollars losing value, inflation is eating away at our savings.
- 8:46[SPEAKER_00]: And the markets are more unpredictable than ever before.
- 8:51[SPEAKER_00]: But here's what history is teaching us.
- 8:53[SPEAKER_00]: The gold isn't just a signing matter.
- 8:55[SPEAKER_00]: is a proven store of values for over 50 years.
- 8:59[SPEAKER_00]: Gold has quietly outpaced inflation and helped rich families keep their wealth through every kind of crisis.
- 9:06[SPEAKER_00]: It's not about replacing your 401k or your investment portfolio.
- 9:09[SPEAKER_00]: It's simply about adding a layer of protection, a seat at the global wealth table that too many of us, especially flat people, I've been locked out of for far too long.
- 9:19[SPEAKER_00]: If you want to learn how gold can fit into your wealth strategy, I want you to talk to a real expert, not a commission chaser.
- 9:25[SPEAKER_00]: Go to AnthonyONEL.com.org-store.
- 9:28[SPEAKER_00]: Ask your questions.
- 9:29[SPEAKER_00]: Get the facts and see if gold is the right move for your wealth strategy and your family's legacy.
- 9:35[SPEAKER_00]: Don't just react and fear, respond with a wisdom.
- 9:38[SPEAKER_00]: Again, I want you to go to AnthonyONEL.com.org-store.
- 9:42[SPEAKER_00]: Protect your future.
- 9:43[SPEAKER_00]: Build your legacy and set your kids up to have something amazing.
- 9:47[SPEAKER_00]: All right?
- 9:47[SPEAKER_00]: Let's get back to the show.
- 9:48[SPEAKER_00]: Why do we not have more education around this?
- 9:52[SPEAKER_01]: Because exactly is that fact.
- 9:54[SPEAKER_01]: Like it's the same reason why nobody knows anything about gold, the same reason why they've loud gold to be unregulated.
- 10:00[SPEAKER_01]: Like you know, think about it.
- 10:02[SPEAKER_01]: The SEC regulates stocks, right?
- 10:05[SPEAKER_01]: The NFTC regulates commodities, like paper commodities.
- 10:08[SPEAKER_01]: Nobody regulates physical gold.
- 10:10[SPEAKER_01]: That's on purpose because they don't want you to feel comfortable investing in gold.
- 10:14[SPEAKER_01]: They want you to think it's a wild west.
- 10:15[SPEAKER_01]: They want you to hear those horse stories because the thing is is that you are the one that benefits.
- 10:21[SPEAKER_01]: I was just on the way over here talking to my friends.
- 10:24[SPEAKER_01]: I said, it's the last basting of sovereignty in the United States, full sovereignty.
- 10:28[SPEAKER_01]: You know, I mean, even when you own a real estate, got to pay property taxes for that.
- 10:31[SPEAKER_01]: But this is like, when you buy goals, there's no reporting.
- 10:34[SPEAKER_01]: There's no 1099, we're not required to submit one.
- 10:36[SPEAKER_01]: When you look at it, we're not required to submit one.
- 10:39[SPEAKER_01]: I'm not telling anybody to cheat the taxes.
- 10:40[SPEAKER_01]: But I'm just saying it's a private investment.
- 10:42[SPEAKER_01]: It's the last bastion of the solidity that's going to show you.
- 10:45[SPEAKER_00]: So if I buy gold and credit me from wrong, because I'm still learning in this space, this is why you're here, and honestly, this is why you've been educating me on my journey with then a gold investment world, you and your company, did you just say, and I may have heard this wrong, so please correct me that we don't have to report our earnings and what we do with gold on that.
- 11:06[SPEAKER_01]: Yeah, okay, so this is, I mean, I guess we guys have some nice metal handcuffs, okay, I'm not a tax professional.
- 11:13[SPEAKER_01]: Yes, and nor am I, you know, license or, or, you know, my expertise is not in telling you what you do with the surface.
- 11:18[SPEAKER_01]: I'm just saying that, as a company, when we sell you gold, yes, we are not required to submit a 1099 on that purchase, okay?
- 11:26[SPEAKER_01]: Wow.
- 11:26[SPEAKER_01]: If you sell a skull back, we are not required to submit a 1099 on that liquidation.
- 11:30[SPEAKER_01]: Wow.
- 11:31[SPEAKER_01]: Now again, that's your business, but you're doing, but, you know, that's how it is.
- 11:37[SPEAKER_00]: Hey, Chanel, I'm about to call you.
- 11:39[SPEAKER_00]: I need to know, you know, I'm saying, what's going on?
- 11:42[SPEAKER_00]: Because I mean, that is, that is a good question.
- 11:44[SPEAKER_00]: How do we legally, ethically, and morally, and for me, because who I am as a Christian, from a spiritual perspective, how do I pay the IRS and the government what they are owed, but I never want to overpay them?
- 11:58[SPEAKER_00]: You know, I'm saying, so I'm going to give them exactly to underpinny what they're owed, but it's like, I need to look into that for myself as I'm buying more gold with you and your company.
- 12:09[SPEAKER_00]: And if I was to ever sell it, you know, like, can I not, can't what was going on?
- 12:14[SPEAKER_00]: Because if you don't have to report it, how are they going to even know?
- 12:19[SPEAKER_00]: So, so now I'm a colleague.
- 12:22[SPEAKER_01]: Yeah, I don't know yeah, no, so the whole thing is is that at least it gives you the power to do you know to do what you do is right Like I think I'm not recommending anyone does what they do, but they yeah, you're in control.
- 12:37[SPEAKER_01]: It's not like someone sent you a form.
- 12:38[SPEAKER_01]: It's saved by the way.
- 12:39[SPEAKER_01]: We just submitted this to the yeah
- 12:41[SPEAKER_00]: They go, but I mean, that's what most companies do when you make money.
- 12:43[SPEAKER_00]: They send it 10, 9, 9, 9, 9, 9, 9, 9, 8, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9,
- 13:02[SPEAKER_00]: I see this.
- 13:04[SPEAKER_00]: I want to ask two important questions.
- 13:06[SPEAKER_00]: So here on my platform, I have two sections of people.
- 13:10[SPEAKER_00]: I will say about 50% of them are in debt, right?
- 13:15[SPEAKER_00]: The other 50% of them are out of debt and they're investing like crazy and they're looking for ways to build wealth.
- 13:22[SPEAKER_00]: This is going to be a great conversation for them.
- 13:25[SPEAKER_00]: So we teach the Roth IRAs, the traditional IRAs.
- 13:29[SPEAKER_00]: I've never in my life taught gold IRAs.
- 13:33[SPEAKER_00]: So I would love to have a conversation on a step-by-step basis on exactly
- 13:39[SPEAKER_00]: Um, what is a gold IRA?
- 13:42[SPEAKER_00]: Because you taught me something on our last call about the word gold IRA that I think we need to have a conversation with.
- 13:49[SPEAKER_00]: Because I think people sound okay, cool, I want to call.
- 13:52[SPEAKER_00]: I want to buy gold, but how?
- 13:54[SPEAKER_00]: And when they hear the word gold IRA coming from me,
- 13:58[SPEAKER_00]: their head is automatically going to the stop market, their head is automatically going to a retirement account that a Roth IRA grows with no taxes, right?
- 14:08[SPEAKER_00]: So I want to have two questions for you.
- 14:10[SPEAKER_00]: What is a gold IRA?
- 14:11[SPEAKER_00]: And then what is that step by step process on how to start that process, specifically with you or just in a market in general?
- 14:17[SPEAKER_01]: Yeah, so that that is a really good question because that is a major point of confusion with yes, okay, so here's what a gold IRA is gold IRA is not a gold IRA It's just an IRA that allows you to put gold in it all right because here's a deal when you have an IRA or 401k
- 14:34[SPEAKER_01]: You're pretty much constricted to either with the company has you when you have a farm and can you check like a box, a high yield or if you were for the government you have a TSP.
- 14:44[SPEAKER_01]: Yeah.
- 14:45[SPEAKER_01]: So you have all these different paper investments, bonds, and stocks, right?
- 14:48[SPEAKER_01]: Well you're not allowed to put physical investments, you can't buy real estate, you can't buy physical gold.
- 14:53[SPEAKER_01]: So there's a specific IRA called the self-directed IRA.
- 14:55[SPEAKER_01]: Yes.
- 14:56[SPEAKER_01]: All right.
- 14:56[SPEAKER_01]: It's only been around since the late 90s.
- 14:57[SPEAKER_01]: Well not only, I mean, you know, 30 years ago by 30 years.
- 15:00[SPEAKER_01]: That's when it was established.
- 15:01[SPEAKER_01]: and self-directed IRA allows you to invest in alternative assets and, you know, traditional assets.
- 15:06[SPEAKER_01]: So, so you can buy like, you know, an apartment, like, investment apartment complex and put it in there.
- 15:11[SPEAKER_01]: All right.
- 15:11[SPEAKER_01]: So it allows you, like, just a lot more sovereignty over what you can put in your own retirement plan.
- 15:16[SPEAKER_01]: So what would a goal IRA is is just setting up was known as a self-directed.
- 15:19[SPEAKER_01]: Nice.
- 15:20[SPEAKER_01]: Very easy, just a form application.
- 15:22[SPEAKER_01]: You just set that up and then you just either roll over funds from an existing retirement plan or you contribute and build it, right?
- 15:29[SPEAKER_01]: But what you do is you can actually do those investments that you always wanted to do that weren't mutual funds or weren't bonds, right?
- 15:36[SPEAKER_01]: So you can buy physical gold.
- 15:38[SPEAKER_01]: So let's just take the gold, okay?
- 15:40[SPEAKER_01]: So let's say you want to put gold in an IRA.
- 15:41[SPEAKER_01]: So the gold IRA, all right.
- 15:42[SPEAKER_01]: So you set up the self-directed.
- 15:44[SPEAKER_01]: Okay, set up as a balance of zero dollars.
- 15:46[SPEAKER_01]: Okay, so you let's say you have an old 401k from a job you had.
- 15:48[SPEAKER_01]: You roll over those funds, so now it's funded, right?
- 15:51[SPEAKER_01]: Now we look at what you can buy gold by, so we put a portfolio together, you lock that in.
- 15:56[SPEAKER_01]: Now, well, it's an IRA system.
- 15:57[SPEAKER_01]: You're going to choose where you want to have it held.
- 15:59[SPEAKER_01]: So there's the Delaware Depository, there's Brings.
- 16:01[SPEAKER_01]: So there's all these big, you know, private depositories where you store the metal, well, it's in the IRA system.
- 16:06[SPEAKER_01]: All right, so you choose which one, it's very cheap I'll get to that in a second.
- 16:09[SPEAKER_01]: They ship there, it inspects, they x-ray it, they ultrasound it, and then just sits there until you want to take possession of it as a distribution or you can liquidate it just like you'd tell any other investment.
- 16:19[SPEAKER_01]: Wow, okay.
- 16:20[SPEAKER_01]: And then here's the fees.
- 16:21[SPEAKER_01]: So you're going to pay $120 by bucks for the self-directed.
- 16:24[SPEAKER_01]: It's just the flat fee.
- 16:25[SPEAKER_01]: Because it's not a word amount you have in there.
- 16:27[SPEAKER_01]: And $100 is stored in the metal.
- 16:28[SPEAKER_01]: Flat fee does not matter.
- 16:30[SPEAKER_01]: You know how much metal.
- 16:31[SPEAKER_00]: you're not paying monthly to store the metal.
- 16:33[SPEAKER_00]: So it's just a one time fee of $100.
- 16:35[SPEAKER_00]: So yearly, nearly that.
- 16:37[SPEAKER_01]: So it's $25 flat.
- 16:39[SPEAKER_01]: So if you have a million in there, $225, if you have 10,000, $225.
- 16:42[SPEAKER_01]: What?
- 16:43[SPEAKER_01]: So yeah.
- 16:45[SPEAKER_00]: So you went, I don't get to have the gold at the house.
- 16:48[SPEAKER_01]: No.
- 16:50[SPEAKER_01]: It's the funny thing is that if people are like, I have this conversation like, well, you know, if I don't have the golden hand, it's a non-starter, I'm like, well, I mean, that's just a material for the only form.
- 17:01[SPEAKER_01]: Okay, funds in your statement count.
- 17:02[SPEAKER_00]: Some more, man.
- 17:03[SPEAKER_01]: Yeah, it's just so funny how people think about physical assets, right?
- 17:06[SPEAKER_01]: Yeah.
- 17:07[SPEAKER_01]: But hey, it's as physical as a day is long.
- 17:09[SPEAKER_01]: You can go visit if you want and you can take possession whenever you want.
- 17:12[SPEAKER_01]: But when you take possession, you're just going to get a 1099, just like if you took money out of your IRA.
- 17:17[SPEAKER_00]: I got you, so you can't take possession, but you're gonna get hit for that.
- 17:22[SPEAKER_01]: Yeah, I think it's called an in-kind distribution.
- 17:25[SPEAKER_00]: Yes, sir.
- 17:25[SPEAKER_01]: And you also, if you don't want to take possession, let's say the gold does well for you and you want to go take a trip somewhere.
- 17:30[SPEAKER_01]: You can liquidate it inside the IRA.
- 17:32[SPEAKER_01]: You won't take it, because you just sell it.
- 17:35[SPEAKER_01]: Now you have a cash position in the IRA and then you just take the cash out as a distribution.
- 17:39[SPEAKER_00]: So I have a self-directed IRA, right?
- 17:46[SPEAKER_00]: I did that with my financial advisor, specifically for the gold.
- 17:50[SPEAKER_00]: Do are you saying that we should do that as well with our financial advisor, or is that something your company, when we call you, your company will open that up and facilitate everything for us?
- 18:02[SPEAKER_01]: Yeah, so you should definitely not do that with advisor because here's the thing, your pay fees you don't need to.
- 18:07[SPEAKER_01]: There's no babysitting fee for gold.
- 18:09[SPEAKER_01]: I mean, what you understand what you're doing, what you understand, why you're buying it, and it fees a good fit?
- 18:14[SPEAKER_01]: Yeah.
- 18:14[SPEAKER_01]: Why are you paying those guys I mean, you know, so basically our company will set it up We'll walk you through that education.
- 18:20[SPEAKER_01]: You know, we'll sell you the gold.
- 18:21[SPEAKER_01]: We'll ship it to the depository And then for the life account we will be there like an unpainted rise So you can always call us and then we guarantee by that So if you want to liquidate we guarantee we'll buy it back any metal we sell whatever the market value is so we'll facilitate the liquidation It's just a really simple form you sign you get the market value and you go back into cash
- 18:39[SPEAKER_00]: Okay, now we're going to talk about it because that's one of the questions we want to get to is I know my people right there's two questions one to sounds too good to be true This is a scam so what are what the negatives I'm just going to be honest with my community and then two is how do we make money So I want to I want to hit the very first one that is like okay, what what are the biggest risk?
- 19:00[SPEAKER_00]: with gold right now, possibly moving forward.
- 19:03[SPEAKER_00]: What are some of the things that you've learned over the years that, okay, hey, here are some some things to watch out for when it comes to gold IRAs, right?
- 19:11[SPEAKER_00]: Let's say we don't want to go with this company, we want to go with that company, which I highly recommend and put me on my camera.
- 19:20[SPEAKER_00]: I highly recommend all of you all to really click the link inside the show notes and check out my friends at Thor and MetaRoot because I have, I'm getting all my education from him.
- 19:33[SPEAKER_00]: From his team, I am investing into specifically this team and you all know in a few shows ago with Courtney, our investing expert, we've talked about the importance of
- 19:45[SPEAKER_00]: gold and silver and may she all go check out court and show because he had another amazing conversation with him as well.
- 19:51[SPEAKER_00]: But I want to highly encourage you all to click on a link, go have a conversation and go learn and get the information because this is one I think I do love.
- 20:02[SPEAKER_00]: As much as I talked with his team, I never felt like they were trying to sell me.
- 20:06[SPEAKER_00]: I felt like they were trying to educate me, which end didn't return made me want to buy.
- 20:10[SPEAKER_00]: I ain't gonna lie to you.
- 20:11[SPEAKER_00]: Right, I felt safe because it was, I hate you having more questions.
- 20:14[SPEAKER_00]: Okay, take your time, that, that, that, that, that.
- 20:16[SPEAKER_00]: But let's not miss on this opportunity.
- 20:19[SPEAKER_00]: So go to anthonyo.com for slash thore.
- 20:23[SPEAKER_00]: That's anthonyo.com for slash thore and shake that out.
- 20:26[SPEAKER_00]: But
- 20:27[SPEAKER_00]: Brian, I want to go back to that question.
- 20:30[SPEAKER_00]: What would you say are some to risk when it comes to go to our race?
- 20:33[SPEAKER_01]: Yeah, and I mean, the question speaks to what you just said.
- 20:36[SPEAKER_01]: I mean, the reason why I train my brokers to be a way they do and not to the heart sell is because, as a business owner, and you probably know this, as well, it is not worth the heading down the road.
- 20:48[SPEAKER_01]: Someone investing in something that they're not equipped to do or they don't have the right expectations, it's not worth it.
- 20:55[SPEAKER_01]: So basically, the big risk is gold going down.
- 20:59[SPEAKER_01]: I mean, it's an investment, right?
- 21:00[SPEAKER_01]: You know, gold goes up and down.
- 21:01[SPEAKER_01]: Yeah.
- 21:02[SPEAKER_01]: So, but you have to ask yourself, okay, well, what makes you go up to what makes you go down?
- 21:06[SPEAKER_01]: And then you can kind of weigh that risk against how you feel about the world.
- 21:10[SPEAKER_01]: So here's what makes you go up.
- 21:11[SPEAKER_01]: Gold goes up when there's geopolitical instability, when there's uncertainty, because it's certain.
- 21:16[SPEAKER_01]: You know, people run to say favorites when there's sometimes uncertainty.
- 21:19[SPEAKER_01]: Bull goes up when the dollar goes down because you can't print gold, right?
- 21:23[SPEAKER_01]: So, you know, if the dollar gets weaker, it takes more of those weaker dollars to buy that same ounce of gold.
- 21:28[SPEAKER_01]: The dollar gets stronger less of those stronger dollars to buy that same ounce of gold.
- 21:32[SPEAKER_01]: So that's when we make it go down.
- 21:33[SPEAKER_01]: All right, so, but if you feel that the dollar is going to get weaker, you feel like, you know, things are going to get more uncertain here.
- 21:38[SPEAKER_01]: Well, those are the things that drive cold up.
- 21:41[SPEAKER_01]: So you should feel pretty confident that your investment is going to go up, but that's the risk.
- 21:45[SPEAKER_01]: I mean, the risk is just like anything else that it dips, you know, it goes down.
- 21:49[SPEAKER_01]: But other than that, the other risk is that if you call somebody that's educating to sell, like I was talking about previously, then you're not going to get the full story.
- 21:57[SPEAKER_01]: And then what you're going to do is you might have the right idea, you might have the right reasons, but now you're talking to some company that wants to just really make a lot of money,
- 22:08[SPEAKER_01]: Now it's hard to do that with gold because gold gold, right?
- 22:12[SPEAKER_01]: And if you buy like a bar or American Eagle, you know, you can Google it and you can say, Hey, man, you're charging me way too much for that, right?
- 22:19[SPEAKER_01]: So so what these companies do is they get these proprietary coins made for them just just for their company.
- 22:25[SPEAKER_01]: So when you Google that coin, you can't find anywhere, and then they rely on their broker and you're in experience to do the rest of the dirty work.
- 22:31[SPEAKER_01]: You see, because they'll say, oh, you know, this is the best thing since the slide spread, but it is gold is gold silver silver.
- 22:37[SPEAKER_01]: And we'll tell you that every time, you know, that you call us and look at your just by bars, which you buy coins, you buy maple leaves, equals, and that's it.
- 22:46[SPEAKER_01]: You know, things that you can price check, that you know, and you have confidence.
- 22:49[SPEAKER_01]: I know I'm paying paying a good price because they saw a thousand other dealers on it, but the same price, you know, that was a good market.
- 22:54[SPEAKER_01]: what all do your company sell?
- 22:56[SPEAKER_01]: So that's all we sell.
- 22:56[SPEAKER_01]: We only sell university recognized, you know, 100% liquid metals.
- 23:00[SPEAKER_01]: So we're talking equals, vaporize bars, rounds, kick rules, and that's it.
- 23:06[SPEAKER_01]: I mean, like there's not that many, there's a handful of metals.
- 23:08[SPEAKER_00]: What would you say to the average, what is the easy entry point?
- 23:12[SPEAKER_00]: Between those metals, right?
- 23:14[SPEAKER_00]: They're not super wealthy, but you know, they may some good money got some good savings.
- 23:18[SPEAKER_00]: What is a good entry point that is a good investment?
- 23:21[SPEAKER_00]: Out of those,
- 23:22[SPEAKER_01]: Yeah, so here's the thing.
- 23:24[SPEAKER_01]: So with gold, I like Eagles and Maple Leafs.
- 23:26[SPEAKER_01]: I like the government and coins, because that credibility is very desirable, which leads to a really nice demand market, which leads to a good price when you look with it, a nice market value.
- 23:35[SPEAKER_01]: With silver, because silver has a lot of industrial uses.
- 23:38[SPEAKER_01]: I like the bars and rounds.
- 23:39[SPEAKER_01]: I like getting those bang for your buck, let's stock the most weight.
- 23:43[SPEAKER_01]: So my strategy would be different depending on the metal and then the portfolio.
- 23:47[SPEAKER_01]: And then you split it down the middle, you know, because silver's a little bit more volatile, but right now with the things that are driving silver and the fact that I and all these other uses for it, I'd like I love silver, but you know, you're gold kind of old faithful and then you get your silver ribs get up here, you know, you're going to go.
- 24:03[SPEAKER_00]: We may have to bring you back on the show because I really want to have a conversation of, I'm asking right now, we talked about right now and hopefully we're bringing back on to have a more.
- 24:13[SPEAKER_00]: Detail conversation, but for again, right, coming not disrespecting my audience because we all are intellectual individuals, but we are uneducated.
- 24:26[SPEAKER_00]: You said silver is volatile.
- 24:30[SPEAKER_01]: Which one or what is a difference between gold and silver like why would I choose silver over gold or why would I choose gold over silver is that it is at a perspective and here's a thing So gold and silver or brother and sister you're never going to have a situation where gold goes up 40% and silver goes down Man, they're going to move as a tribe What I mean what I mean by volatile is okay, we out the way crash gold went up 230% okay silver went up 600%
- 24:56[SPEAKER_01]: Good, right?
- 24:57[SPEAKER_01]: Now, when they went down, okay, when y'all this quantity, the easy came in the market and the market started doing well, the stock market, then gold went from 2000 to 1000.
- 25:06[SPEAKER_01]: Silver went from 50 to 12, so when they go up, silver poof, when they go down poof, so that's why I mean my more volatile guy.
- 25:14[SPEAKER_01]: I don't mean that, you know, you're picking stocks here.
- 25:16[SPEAKER_01]: I just mean that, you know, you're gonna have one that, you know, has a lot of upside, but also when in things tip it tips, and then you have the other that's gonna kind of, you know, solidify you.
- 25:26[SPEAKER_00]: You know your stuff bro.
- 25:27[SPEAKER_00]: You know your stuff.
- 25:28[SPEAKER_00]: I'm loving it.
- 25:29[SPEAKER_00]: This is me.
- 25:29[SPEAKER_00]: You just you're getting a message in there.
- 25:31[SPEAKER_00]: All right.
- 25:32[SPEAKER_00]: Now here's the question.
- 25:33[SPEAKER_00]: I think all of us want to know how to hell.
- 25:35[SPEAKER_00]: Do I make money?
- 25:36[SPEAKER_00]: You know, it's like it's like I was talking to me running according to something.
- 25:41[SPEAKER_00]: All right.
- 25:42[SPEAKER_00]: So how do we make money on this thing, right?
- 25:43[SPEAKER_00]: So it was like we buy this.
- 25:46[SPEAKER_00]: How.
- 25:48[SPEAKER_00]: Is this so my philosophy that I teach with them?
- 25:50[SPEAKER_00]: My particular brand is when we invest 80% of it, we're sitting on it.
- 25:55[SPEAKER_00]: You know, a long period of time, right?
- 25:57[SPEAKER_00]: 20% is for we're going to open up an investment account because we know in the next three years, we want to buy a house or for the majority of our investment, we buy and we hold until we get to the age of retirement and then we just live off of the interest at our primary investments are making.
- 26:14[SPEAKER_00]: So when it comes to gold,
- 26:17[SPEAKER_00]: I'm even curious, how do I, don't worry about them right now, how do I, as an individual who bought gold, is it the same philosophy, hold for as long as you can, or you can get into it for a little while selling it two, three years and make a profit, like how do you make money?
- 26:35[SPEAKER_01]: So here's the thing, this is something that I make sure before I sell, I say like theoretically the money you're using, you can hold it gold for three to five years, because that's just sweet spot.
- 26:44[SPEAKER_00]: All right three to five years.
- 26:45[SPEAKER_01]: You don't want to put money in gold that you need six months or you know, because if you three to five years, you give yourself enough runway, you can eliminate all risks.
- 26:53[SPEAKER_01]: You know, you mean gold has these ups and flows 35 years is a dog and by more laps and 35 years, you know, so I can ask these questions and you know, hey, yeah, all right, so three five years bold will go up if I can hold it.
- 27:03[SPEAKER_01]: Right.
- 27:04[SPEAKER_01]: So that's it.
- 27:04[SPEAKER_01]: And then how you make your money on it, you just tell it.
- 27:06[SPEAKER_01]: You know, just like if you buy a house for 200 grand, and then it doubles, you sell for 400, you made it 200, that was our profit.
- 27:12[SPEAKER_01]: But the good news with gold is because you can buy it in such small increments, you don't have to sell it.
- 27:15[SPEAKER_01]: You know, it would be like having that house, but being able to sell the garage is like the wrong thing is you can just sell a little bit of portfolio, you know, locking some profit, you know, a piece of the gold.
- 27:25[SPEAKER_01]: So you can always just liquidate a portion of it or, you know, whatever you see fit.
- 27:29[SPEAKER_01]: And the good news is that we don't make money.
- 27:31[SPEAKER_01]: So we guarantee buy back, but we made money selling you the gold.
- 27:40[SPEAKER_00]: Is that beneficial to you to help me sell it if you ain't making a money on it?
- 27:43[SPEAKER_00]: Is that all gold companies or that just specifically to your company, what you're saying?
- 27:48[SPEAKER_01]: It's a lot of them, so I'll just be honest, it is a lot of them, but it's very few that don't make money on it and it's very few I guarantee it, so we guarantee it, so there's no, sorry, we're not gonna help you do it, you know, like we're, because basically we're facilitated, we're just gonna go in the wholesale market, get you good price, and pass it on, you know, like companies, we get you that price,
- 28:08[SPEAKER_01]: take a little picture of himself and then pass that price to you.
- 28:10[SPEAKER_01]: So we want to do that.
- 28:11[SPEAKER_01]: All right.
- 28:12[SPEAKER_01]: So we don't make any money on that.
- 28:13[SPEAKER_01]: And so the good news is when you call us and you ask anything, I should sell the gold, you're going to get an honest response because it doesn't hurt us either way, you know.
- 28:21[SPEAKER_01]: So if if I think you should, I'll be like, absolutely, he's just like yesterday.
- 28:25[SPEAKER_01]: You know?
- 28:25[SPEAKER_01]: Or if I don't think you should I say like it I think you should hang in there because of X, Y, and Z But at least you know that we don't have that that you know that that added interest at self-interest When we're giving you advice, you know and people like that about you got our company people like me knowing that you can call us and Whatever we say they know that we don't you know, we don't get a piece.
- 28:44[SPEAKER_01]: They already got the goal We already made money Solomon you know, so so we're gonna give them the truth, you know
- 28:49[SPEAKER_00]: I was doing some research that they're expecting go to almost double to double and a half here within the next 10 to 15 years.
- 28:58[SPEAKER_00]: Are you seeing the same study?
- 28:59[SPEAKER_01]: Yeah.
- 28:59[SPEAKER_01]: I mean, look at, you hear these crazy numbers, you hear a goal going to $25,000 an ounce in, you know, silver going to this side.
- 29:08[SPEAKER_01]: Those numbers don't come from the golden industry because it's called the industry.
- 29:12[SPEAKER_01]: We don't want those pie in the sky numbers because the people just throw those out, right?
- 29:16[SPEAKER_01]: Right.
- 29:18[SPEAKER_01]: do I see gold going up substantially?
- 29:19[SPEAKER_01]: Yes, but I see a lot of that growth happening when nobody can buy gold anymore.
- 29:24[SPEAKER_01]: And this is what I mean.
- 29:26[SPEAKER_01]: All right, when there's enough to man, there's not enough gold to go around.
- 29:29[SPEAKER_01]: All right, like you did around new years and December around New Year's, when there's a run on silver, you couldn't buy silver.
- 29:35[SPEAKER_01]: So my worry for people is not that they miss out and they have to buy gold at a higher price.
- 29:41[SPEAKER_01]: My worry is they won't have the ability to buy gold because you know what's the what's going on with the dollar and what's going on with the country.
- 29:47[SPEAKER_01]: People are that own gold aren't going to be putting it back on the market.
- 29:50[SPEAKER_01]: China is not going to be putting their gold back on the market.
- 29:52[SPEAKER_01]: Central banks aren't going to be putting it on the market.
- 29:54[SPEAKER_01]: So the buyers of gold right now are not sellers of gold.
- 29:57[SPEAKER_01]: So once you have enough people that aren't selling it, then
- 30:01[SPEAKER_01]: And then it's just your ability to actually make the investment and that's the biggest risk, I think, the biggest risk is not be able to buy gold three to five years down the road.
- 30:10[SPEAKER_01]: You know, because if we go into hyperinflation here and the dollars, you know, like after World War one, you know, that was another bit.
- 30:17[SPEAKER_01]: The German currency, you know, with a wheelbarrow by like a little bread.
- 30:20[SPEAKER_01]: If we go into one of the states, people are going to be freaking out looking for something to just put their money in, and guess what, people at own gold are going to be really set, and they're not going to be selling their gold, and this tuition's aren't central banks aren't.
- 30:33[SPEAKER_01]: So my fear is, is that people are going to be shoot.
- 30:36[SPEAKER_01]: I should have bought gold because now I don't have the ability to buy it.
- 30:39[SPEAKER_00]: You are talking facts.
- 30:41[SPEAKER_00]: And I'm gonna say some that I can say, don't you say it, don't you say it, don't say it, be it.
- 30:48[SPEAKER_00]: But I think that is a problem with 85% of us watching right now, and I'm speaking to my Black brothers and sisters.
- 30:58[SPEAKER_00]: If you really do your research, I'm speaking this for my studies, not my friend.
- 31:03[SPEAKER_00]: If you really do your research, there was a particular party that was very heavy on buying gold years ago, a particular party, and we're not a political show, but there was a particular party, right, and that if another particular party was inside of an office, gold shot up.
- 31:22[SPEAKER_00]: My grandpa, he taught me this.
- 31:24[SPEAKER_00]: My grandfather, a black grandpa taught me this.
- 31:28[SPEAKER_00]: And I was like, he was like, son, I want you to get it.
- 31:30[SPEAKER_00]: Because I told my granddad that I was having this conversation with you and that I'm buying gold.
- 31:35[SPEAKER_00]: He said something, that's one of the wisest things you could do as a young black man.
- 31:38[SPEAKER_00]: He said, because when I was your age, any time this party got in the office, the gold went crazy up because they were fearful that this particular party was going to drive gold, just drive a economy down so they bought gold.
- 31:50[SPEAKER_00]: And then when that particular party gets in, it really wasn't selling that high because of that, it is like one of the best investments you can make is to add that to your portfolio as a young black man.
- 32:01[SPEAKER_00]: And here in you say,
- 32:03[SPEAKER_00]: that my fear is that you're going we're going to get to a point to where all this is there and we're going to miss out on it.
- 32:10[SPEAKER_00]: I'm like, yeah, I'm not going to miss out on that.
- 32:13[SPEAKER_00]: This is going to be a part of my portfolio because I believe, yes, a 401k is important, Roth IRA, traditional fund, a set, 529s,
- 32:22[SPEAKER_00]: All that's important, but when I've learned from all of my wealthy friends, is that their portfolio has that, it has metals, it has real estate, it has dirt, it has all these different things, and I have all that, but I didn't have metal.
- 32:37[SPEAKER_00]: And I'm like, and when I told my grandpa that I was having this conversation with you, there was an amen as a black man.
- 32:43[SPEAKER_00]: Let me, let me, let me help you on this, son.
- 32:46[SPEAKER_00]: And this was earlier last year that when he started talking about metals, and I just wanted to start learning more about it.
- 32:53[SPEAKER_00]: And then when I told him to have the conversation with you, he said, all right, let me give you the the the the the the non sexy conversation about this.
- 33:01[SPEAKER_00]: And so I just want to say thank you for having this
- 33:07[SPEAKER_00]: We buy gold as I come to you five years from now on a Tuesday, right on a Tuesday as I hate brand.
- 33:16[SPEAKER_00]: I want to sell my gold.
- 33:17[SPEAKER_00]: How long does it typically take me to sell it and to get a profit?
- 33:21[SPEAKER_01]: As you see, so listen, okay, you buy gold two years, three years, five or four years.
- 33:26[SPEAKER_01]: Let's say gold doubles or triples, all right?
- 33:28[SPEAKER_01]: So now you put 50 grand in gold, now's worth 150.
- 33:31[SPEAKER_01]: Okay.
- 33:31[SPEAKER_01]: You want to liquidate it.
- 33:32[SPEAKER_01]: You call me, we talk to my wholesalers.
- 33:35[SPEAKER_01]: You send your liquidation form.
- 33:37[SPEAKER_01]: You're in cash from 48 hours to 48 hours to 48 hours.
- 33:41[SPEAKER_00]: Yeah.
- 33:41[SPEAKER_00]: So it's not that hard to sell it.
- 33:44[SPEAKER_01]: No.
- 33:44[SPEAKER_01]: And if a media hit our company because you're buying the right gold because buying the university recognized gold, it's not that hard to sell it to someone else.
- 33:52[SPEAKER_01]: There's a nice liquid market.
- 33:53[SPEAKER_01]: That's why I preach to get the right gold.
- 33:57[SPEAKER_01]: Because you're buying this proprietary crap that hasn't scared market.
- 34:00[SPEAKER_01]: Yeah, you have some trouble selling it.
- 34:01[SPEAKER_01]: But if you call the thousand other dealers out there say you got some meagles, you can sell like that.
- 34:06[SPEAKER_00]: So if I buy the gold with you,
- 34:09[SPEAKER_00]: This, this, this, this, this, man, least, man, we got to have you back going just so much education we do here.
- 34:15[SPEAKER_00]: If I buy this, go with you.
- 34:16[SPEAKER_00]: And let's just say for whatever reason your company closes.
- 34:20[SPEAKER_00]: You're saying I can take that and go to another company and they can sell it for me.
- 34:25[SPEAKER_01]: Oh, yeah, it's just like if you buy a piece of property through, you know, actually real to firm and then that property doubles, it's not like, oh, shit, that real to firm, you know, no longer exists, so I can't sell the property.
- 34:36[SPEAKER_01]: You know, but the thing is, is if you bought like some property that was on, you know, some some toxic oil and then the company that sold you said, we promised we'll sell, we'll buy it back from you.
- 34:46[SPEAKER_01]: Yeah, they go out of business.
- 34:47[SPEAKER_01]: You're going to promise on that property, right?
- 34:49[SPEAKER_01]: So then, but point is, is if you get stuff that hasn't, a really liquid market and you pay a good price for it,
- 34:54[SPEAKER_01]: your set regardless but of course we don't we don't look to be going anywhere and we'll guarantee you know we're most convenient choice to you know so back to it man this is good I'm gonna ask you a question you may not know this and that's fine if you don't know it I just didn't really thought about it.
- 35:06[SPEAKER_00]: Do you know when it comes to the average consumer minorities do you know I have a ballpark that how many minorities are invested in gold and metal do you have that you want to know something crazy so I I was a broker for a decade okay I had
- 35:24[SPEAKER_01]: out of thousands of clients, probably four black clients, four, probably four, yeah.
- 35:31[SPEAKER_01]: And that's like, exactly, that's the literal answer.
- 35:34[SPEAKER_01]: Yeah, I mean, yeah, that's most.
- 35:37[SPEAKER_00]: And that, that as a black man bothers me.
- 35:39[SPEAKER_00]: Yeah, because, and it's not about, this is my because of you, but it's just that we need that information, we need the education.
- 35:45[SPEAKER_00]: And I believe that this conversation is super important for my community because I think for years,
- 35:54[SPEAKER_00]: I knew what gold was because it was taught to me in school, but I didn't know really how to obtain it for myself personally.
- 36:03[SPEAKER_00]: And then when I mentioned, like, grab, I think I need legal and metals.
- 36:07[SPEAKER_00]: His face just lit up.
- 36:09[SPEAKER_00]: taste me to his office, and he's literally showing me his portfolio with precious metal.
- 36:14[SPEAKER_00]: Yeah.
- 36:15[SPEAKER_00]: I said, well, Pops, how come you never?
- 36:16[SPEAKER_00]: That's so funny.
- 36:17[SPEAKER_00]: He was like, son, I just thought that this younger generation has a one to talk about metals.
- 36:20[SPEAKER_00]: And I'm like, this younger generation is making more money than your generation.
- 36:24[SPEAKER_00]: Why in hell did you not had his conversation with me?
- 36:26[SPEAKER_00]: You see what I'm doing?
- 36:28[SPEAKER_00]: It was like, yeah, but you're doing all this YouTube and take talk stuff.
- 36:31[SPEAKER_00]: That ain't me.
- 36:32[SPEAKER_00]: This is where my wealth when I pass, this is how your grandmother, this is how your your family's been taken care of because I've invested a lot into that.
- 36:41[SPEAKER_00]: My grandpa has, I mean, hundreds of thousands of dollars.
- 36:45[SPEAKER_00]: Yeah, and precious metals.
- 36:48[SPEAKER_00]: And I was like, wow.
- 36:50[SPEAKER_00]: I know he's going to watch this show and I know he's going to call me and just have a whole conversation.
- 36:54[SPEAKER_00]: And I even made when I get him on his show to talk about his journey with the precious metals.
- 37:01[SPEAKER_00]: But I want to say thank you.
- 37:03[SPEAKER_00]: Here's the last question.
- 37:06[SPEAKER_00]: What does a process look like calling your company?
- 37:10[SPEAKER_00]: How do we, you all know, you go to anthonyo.com for slash door, the link will be inside of the show notes.
- 37:17[SPEAKER_00]: So check that out.
- 37:18[SPEAKER_00]: But what should they experience?
- 37:21[SPEAKER_00]: What should they expect when they go to the website?
- 37:24[SPEAKER_00]: I'm going to start the process with your company.
- 37:26[SPEAKER_01]: Yeah, so basically, if they're doing an IRA, that's a little bit because that's more stuff.
- 37:31[SPEAKER_01]: So if they're doing an IRA and they're sold on, they want to put gold in my right.
- 37:35[SPEAKER_01]: They're sold on the investment, right?
- 37:36[SPEAKER_01]: So it's just going to be an application that they would thought for any account.
- 37:40[SPEAKER_01]: All right.
- 37:40[SPEAKER_01]: So this name, you know, David Burst, all that stuff.
- 37:42[SPEAKER_01]: All right.
- 37:43[SPEAKER_01]: You set up the account.
- 37:44[SPEAKER_01]: All right.
- 37:44[SPEAKER_01]: Then we have an IRA department that will roll over the fund.
- 37:46[SPEAKER_01]: So we'll do all the heavy lifting to get the funds from point A to point B.
- 37:49[SPEAKER_01]: Okay.
- 37:49[SPEAKER_01]: Now they're not rolling into the four metals group's bank.
- 37:52[SPEAKER_01]: They're just moving into your self-directed.
- 37:53[SPEAKER_01]: We're just going to help you do it.
- 37:54[SPEAKER_01]: So then once they're over, then they're just going to stay in cash.
- 37:57[SPEAKER_01]: Then one of our brokers will walk them through, what can go in the IRA?
- 38:00[SPEAKER_01]: So it has to be 99% peer, nothing collectible.
- 38:03[SPEAKER_01]: So we'll walk you through it.
- 38:04[SPEAKER_01]: We'll put together portfolio, one should comfortable with what you're getting.
- 38:07[SPEAKER_01]: You say, you know, do it, be signed into the form.
- 38:09[SPEAKER_01]: And then you own the metals, it shifts to the repository, it gets inspected, now you own metals in IRA.
- 38:14[SPEAKER_01]: All right.
- 38:14[SPEAKER_01]: So that's that process now.
- 38:16[SPEAKER_01]: Let's see you got some cash in a checking account collecting dust or whatever it is right.
- 38:20[SPEAKER_01]: Yeah, you want to put it into gold.
- 38:21[SPEAKER_01]: So you call us a broke walks.
- 38:23[SPEAKER_01]: Just do the same education.
- 38:24[SPEAKER_01]: Hey, this is the method we think that you should be getting literally five miles.
- 38:29[SPEAKER_01]: I mean, there's not a lot to learn.
- 38:31[SPEAKER_01]: So we put together portfolio once you're comfortable with it.
- 38:33[SPEAKER_01]: You send a bank wire.
- 38:34[SPEAKER_01]: We ship you the metal fully ensured.
- 38:36[SPEAKER_01]: You sign for it.
- 38:37[SPEAKER_01]: You take possession of it.
- 38:38[SPEAKER_01]: Nobody knows what you're getting, literally they put tiles on the silver like, so they the guy is delivering it doesn't even know, and then you just, you know, that process is probably within three weeks here, you send the wire, you get the metal within three weeks.
- 38:51[SPEAKER_00]: Um, sounds good.
- 38:53[SPEAKER_00]: And here's, I'm Bob just thinking and we've got to go.
- 38:56[SPEAKER_00]: The SEP 500 over the last.
- 38:58[SPEAKER_00]: I will say about 40 to 50 years is averaging about 10.2 to 10.38% per year.
- 39:05[SPEAKER_00]: Of course, we had our negative years and down years, but we've had a lot of amazing years.
- 39:10[SPEAKER_00]: Over the last 40, 50 years, what would you say is the average for gold?
- 39:14[SPEAKER_01]: Here's the funny thing.
- 39:15[SPEAKER_01]: And this is what financial advisors have in hard time with.
- 39:18[SPEAKER_02]: Yeah.
- 39:18[SPEAKER_01]: From 1980 to 2000, the hours were gold was zero.
- 39:22[SPEAKER_01]: Zero percent.
- 39:22[SPEAKER_01]: You buy gold from me in 1980 and 1999.
- 39:24[SPEAKER_01]: You'd probably punch me things.
- 39:26[SPEAKER_01]: But then do anything, right?
- 39:27[SPEAKER_01]: Just stay the same 300 bucks now.
- 39:29[SPEAKER_01]: But we were in a growth base, economy, right?
- 39:30[SPEAKER_01]: 1980 to 2000.
- 39:32[SPEAKER_01]: All the baby boomers in the workforce, GP exploding, three trillion dollar debt ceiling.
- 39:36[SPEAKER_01]: We never went above.
- 39:37[SPEAKER_01]: We had an organic interest rate, right?
- 39:39[SPEAKER_01]: 2000 and now all the baby boomers retiring biggest mass access from workforce 3 trillion dead ceiling 39 trillion in debt Yeah, I mean You know organic interest rates.
- 39:49[SPEAKER_01]: We had 0% interest rates for over decade for sure We're in a debt-based economy in a debt-based economy.
- 39:53[SPEAKER_01]: You want to invest in the assets that protecting us the consequences of the debt
- 39:57[SPEAKER_01]: So, from 2000 to 2000, or just now, gold's up 1,200%, okay, from 1980 to 2000, gold was up to 0%.
- 40:03[SPEAKER_01]: 90 to 2000, the market was up 6,000% from 2000 to now, the market's up about 81%.
- 40:09[SPEAKER_01]: So gold's beating the pants off the market the last 26 years, and the years before that, the market beats pants off the gold.
- 40:16[SPEAKER_01]: So, what do you want to be investing?
- 40:17[SPEAKER_01]: The thing that most recently is being the pants off the market.
- 40:21[SPEAKER_00]: Right.
- 40:21[SPEAKER_01]: So, that's it.
- 40:23[SPEAKER_00]: Well, ladies and gentlemen, that's all we got to talk about today.
- 40:26[SPEAKER_00]: Well, I like those kind of numbers right there.
- 40:28[SPEAKER_00]: When we can see the, that kind of growth, that's where we got to invest.
- 40:37[SPEAKER_00]: And y'all join me.
- 40:39[SPEAKER_00]: I don't, I'm going to be honest with you.
- 40:41[SPEAKER_00]: I do not know, gold the way that I know, that the way I know investing in the stock market.
- 40:48[SPEAKER_00]: So I'm learning on this journey and we're going to have a lot more information as I'm learning, as I'm growing, as I'm continue working with him and his team as I'm buying gold and learning.
- 41:00[SPEAKER_00]: I'm going to be educating on this.
- 41:01[SPEAKER_00]: So follow this journey for the next few months with myself.
- 41:04[SPEAKER_00]: I want to highly encourage you to add this to your portfolio.
- 41:08[SPEAKER_00]: Just go to www.anthonyonio.com for slash thore, fill out the application, you'll get an agent and call you reach out to you within 24 to 48 hours.
- 41:18[SPEAKER_00]: And y'all, like I tell you all all the time, don't rush into nothing, have the conversation, get all the education, I've gone through the process, they're not sellsy.
- 41:27[SPEAKER_00]: They want you to feel comfortable about this particular,
- 41:31[SPEAKER_00]: project because it's a huge investment right and it's going to be a part of your legacy you're going to be passing it down to your kids.
- 41:38[SPEAKER_00]: Y'all know me I'ma say it.
- 41:41[SPEAKER_00]: I like the analogy, by the house, maybe sell the garage in the backyard, but keep the front of the house for longevity, so you're going to have something to pass on.
- 41:51[SPEAKER_00]: So go to amtoneonew.com floor slash store y'all.
- 41:54[SPEAKER_00]: They have a lot of information on there to where you can learn how to conversation, give with your spouse, and add, and how the conversation of how can we add this to our portfolio.
- 42:03[SPEAKER_00]: So, man, thank you so much, sir.
- 42:04[SPEAKER_00]: Thank you so much, man.
- 42:05[SPEAKER_00]: Thank you so much, man.
- 42:06[SPEAKER_00]: Y'all, you can tell he's a California man, you know, y'all.
- 42:09[SPEAKER_00]: Y'all know, y'all, I ain't gonna put him out there like that, but he came with shorts.
- 42:12[SPEAKER_00]: Uh, I was like, hey, man, listen, my people go, they don't want to see you with shorts.
- 42:17[SPEAKER_00]: Now you, we're trying to get them making money, not going to the beach.
- 42:22[SPEAKER_00]: But I love his vibe, his spirit.
- 42:24[SPEAKER_00]: Uh, he's an educator, and you can tell he's passionate about this information.
- 42:27[SPEAKER_00]: So check him out, and we'll see y'all in the next show.
- 42:29[SPEAKER_00]: Peace out.