Episode 12: Gold vs. Cash: The $90,000 Question | The Gold Show with Walt Philips

Transcript edited for clarity and readability.

Announcer

From the center of America's precious metals. This is The Gold Show your source for insight on safeguarding wealth and uncertain times. Hosted by Walt Philips and brought to you by Reagan Gold Group. We help educate Americans on physical gold and silver, and the role precious metals can play in a diversified retirement strategy. To learn more. Call 800-702-2212 or visit OwnRealGold.com. That's on real gold. Now here's your host, Walt Philips.

Walt Philips

And welcome back to The Gold Show. I am your host, Walt Philips, and this broadcast is brought to you by the Reagan Gold Group. Folks, I am glad you are here because I have a story for you today that stopped me in my tracks. It is breaking news out of Belgium. It involves an 18 year old working a summer construction job, an old brewery cellar, a bricked up wall and enough gold to make headlines all over the world. But the number I want you to keep in your head is not 10 million. The number is 90,000. And before we get into that story, grab a pen and write this number down 1-800-702-2212. That is my good friends at the Reagan Gold Group. 1-800-702-2212. Or you can visit OwnRealGold.com. But a few simple questions and somebody will be in touch with you right away.

I'm going to say that number a few times today, so do not trust yourself to remember it. I want you folks to write it down and one quick piece of housekeeping. I am not a financial advisor. I'm a guy who has been watching these markets, looking at the numbers and connecting the dots for more than 20 years. I'm going to tell you what I see, and you can decide what makes sense for your own future. Now let's go to Belgium on Tuesday, August 11th, folks. Workers were laying sewer pipes at a former brewery property in Belgium. One of the workers was an 18 year old student named Coby. There, on a summer job, the crew broke through a section of an old cellar wall and found gold bars, coins and nuggets. The discovery was reported at around €9 million, roughly $10.4 million.

That is one hell of a story, but the treasure hunt is not what keeps me thinking about it. What keeps me thinking about it is the person who put that gold behind the wall in the first place. Nobody knows exactly who it was. Nobody has a receipt. Nobody knows exactly why they did it. But somebody made a decision a long time ago, and I'm going to take a piece of what I worked for, or rather, what they work for, and they're going to put it in something real.

And then they sealed it away. And the world did what the world always does. It changed. The brewery changed. The people changed, governments changed, prices changed. Wars came and went. Entire generations lived their lives. And decades later, someone opened that wall and everybody knew what they were looking at. Gold. That is where the $90,000 question comes in. People have taken the reported amount of gold found in Belgium and run it backward, using the old official gold price of $35 an ounce. That puts the gold's old price value in the neighborhood of $90,000. Now, I want to be accurate here. That doesn't mean, folks, that we know somebody paid exactly $90,000. We don't. There is no receipt. It is simply a way to picture the scale of metal that went behind that wall, but sit with the comparison, because it is the entire reason we're talking about this.

Imagine two envelopes sitting on a shelf many decades ago. In the first envelope is $90,000 in cash. In the second envelope is $90,000 worth of gold. Both represent the same hard work, the same sacrifices, the same years of getting up early, working through bad weather, paying bills, raising kids, making sure there was food on the table, fixing what broke, and trying to create a little breathing room for your family. Then you close both envelopes and don't touch them for decades now. Fast forward to today. You open up the cash envelope and what do you have? You have $90,000 in cash. It may look like a lot of money, but it is still $90,000. It didn't turn into $10 million just because. Time pass and more importantly, it will not buy anywhere close to what $90,000 could buy back when it first went into that envelope, $100 bill still says $100 on it.

The number never changed. But the life, the life that $100 dollar dollars buys. You changed a whole lot, folks. You know, with that, without anybody having to lecture you about it. You see, at the grocery store, you see it at the gas station. You see it when the property tax bill shows up. You see it when your grandkids tell you what the rent cost. Now you see it when something in your house breaks. And a repair that used to be a couple hundred dollars turns into a small crisis, the number on paper stays the same. The buying power does not. Now let's open the gold envelope. Or rather, the humongous gold reinforced envelope, folks. The Belgium Hoard was reported at about $10.4 million.

Not because somebody got lucky with a stock tip, not because the gold was earning interest in the in a wall. It sat there, but while paper money lost buying power around it, physical gold carried value and increased in value through the decades. That is the difference between holding a number and holding an asset. If the person in Belgium had sealed up $90,000 in cash, they would have opened that wall to find $90,000 in cash. It would not be worth $10.4 million. It would not have carried the same purchasing power. It would be exactly what it was. Paper with a number printed on it. The gold was different, folks. It was real. When it went in. It was recognized when it came out, and it carried the weight of all those years in between. So let me put this to you as plainly as I can.

If I put two choices in front of you in one chest for $10.4 million in the other, which chest are you choosing? That's not a trick question. Nobody picks the 90,000, right? And that is the point. The difference was not that somebody worked harder. The difference was the form in which that work was saved. One chest held paper and the other had held physical gold. Now bring that question home. If you build your own modest version of that chest with a portion of what you have saved, what could it look like ten years from now? I'm not talking about 50 or 70 years. I'm talking about the next ten years at a time when gold and silver are already moving. And the people who study these markets see even more room ahead.

Now, I'm not telling you to put a chest behind the wall, folks. I'm not telling you to turn your house into an old brewery basement either. I'm telling you that story because it asks a fair question. What part of what you have worked for is built to hold up when the world changes around it? Not every dollar, not all or nothing. Not a dramatic move because somebody on the radio got loud for 30s. I'm just asking an honest question. If that question sitting with you, this is the time to act on it. Call 1-800-702-2212. Ask Ragan Gold Group how people are getting positioned in physical gold and silver right now. Ask what a direct purchase looks like. Ask what retirement account options may be available.

You do not have to make a decision during the call. You can if you want to, but you don't have to. But do not use that as another reason to wait. The call is where you stop wondering and you start finding out how you can build your own chest. Again. Folks 1-800-702-2212. Or you can go to OwnRealGold.com because once the Belgium story clicks, the next question is obvious. How would I even begin now, folks? This is where people make it harder in their own heads than it has to be. They hear physical gold and they picture somebody in a dark suit talking about vaults in Switzerland. They picture pages of paperwork. They picture a conversation where they're supposed to know every coin, every bar, every ounce, and every little code word before they're allowed to even ask a question.

Folks, that is not how it works. There are two very simple doors. The first door is a direct purchase. Maybe you have savings, maybe a CD matured, maybe you sold something, maybe you received an inheritance. Maybe you have cash that you have worked hard for, and you don't want every single dollar you own sitting in some paper system forever. You call, you ask what options are available. You decide what feels comfortable for you. If you choose to move forward, you can purchase physical gold or silver, often by check and arrange for delivery to your home. That is door number one. Door number two is for people who say, Walt, most of what I built is in retirement accounts.

Maybe that's an IRA. Maybe it's an old 401 from a job you left years ago. Maybe it's a TSP from military, federal or postal service. For eligible accounts, there may be a properly structured direct rollover into a self-directed precious metals IRA. That is not a cash out. That is not a shortcut. It is a conversation about whether your account qualifies and what a direct rollover process would look like for your situation. And that is why you talk to people who handle this work every single day. You don't call Reagan because you need to know every answer before you dial. You call because you have questions. They explain the two doors. You decide whether either one fits your life. No games, no pressure, no pretending. You have to become a gold expert in one phone call.

The Belgium story is not about a treasure hunter. It's about a decision to make part of your work real. These are simply two ways people explore doing the same thing in their own lives. So folks call that number 1-800-702-2212 and say one sentence. I want to understand the two options. Ask how a direct purchase works. Ask whether an IRA, an old 401, or a TSP may be eligible for a rollover conversation. The call is free, the information is free, and you are not committing to anything by learning what's available. That is folks, again 1-800-702-2212. Or you can visit OwnRealGold.com. Now there's one more thing we have to talk about because information is not usually what stops people waiting is a few months ago folks, I was making this case when gold was around $4,000 in silver was around $50, and I heard the same thing from people again and again.

Well, maybe I'll wait. Maybe it will come down. Maybe I'll see what happens first. And folks, since then both metals have moved materially higher. Now, I'm not saying that because I need a pat on the back. I'm saying it because waiting is not always neutral. Most people who wait are not careless. They're trying to be thoughtful. They do not want to make a move at the wrong time. And I respect that. I have had people tell me, Walt, I'm not against gold. I just want a little more proof. I understand that instinct and nobody wants to be rushed. But if what you need is information, get information. If you need to understand the two doors, ask about the two doors. Just don't wait for the whole world to agree before you act.

By then, the easy decision is usually not easy anymore. Folks. The person in Belgium did not wait for newspaper headline to tell them the world was changing. They made a quiet decision with the information they had in front of them at the time. But there's a point where careful turns into frozen, and when something moves, people suddenly become more comfortable at a higher price than they were a lower price. And that's always been crazy to me. That is what I have called the backwards brain. When the prices down and the news is ugly, people feel nervous. And when the price moves higher and everybody's talking about it, they feel safer. But that is usually the moment they are looking at a much different entry point. That is where the elevator picture comes in.

Picture. You're standing in a lobby, the elevator doors are open. Somebody says it's going up, get in and you say, I'll wait to see if it really goes up. Then it goes up and now you're watching floor numbers climb, waiting for it to come back down so you can get the price you wanted before. And sometimes it does, sometimes it doesn't, folks. But you're no longer making a decision from the same place you were when the doors were open. Now, I'm not going to sit here and tell you I have a crystal ball, but we are not flying blind either. For the last several episodes, folks, we have talked about people who live and breathe these markets. People such as David Hunter and Michael Oliver, some of the most brilliant minds in precious metals, calling for a major next leg in gold and silver.

Hunter is publicly talked about targets as high as roughly $6,800 for gold and $180 for silver by the end of this year. Folks, Michael Oliver has been even more aggressive on silver and JP Morgan. JP Morgan is publicly projecting gold at around $6,000 by year's end and around 6300 going into 2027. Those are forecasts. They aren't guarantees, but look at the direction gold and silver have been moving north, not south. The analysts you have heard on this show are not calling for the metals to disappear. Major institutions are still putting out upside targets. Central banks are still buying physical gold at a record pace. So the question is not can somebody hand me a perfect prediction? The question is what the signals lined up the way they are. Do I want to keep waiting while the train is already moving?

The person who put gold behind that wall, folks did not know it would become a $10 million news story. They did not know the future. They just made a decision before the future became obvious. Now folks, the time to make this call is now again. Folks, that's 1-800-702-2212. The people who wait for a perfect moment usually find themselves looking at a higher price and wishing they had acted when the door was open. Ask how direct delivery works. Ask whether an old IRA for one or TSP may have may have options. Ask what it would take to build your own physical position. If you decide not to move forward after the call, that's your choice. But do not let another week become another excuse. Again, folks, that's 1-800-702-2212. Or you can go to OwnRealGold.com.

Now folks, the Belgium story would matter in any era because it is about what lasts. But it's worth having this conversation now because the world is giving people plenty of reasons to think about what they own, what is paper and what is real. The national debt is enormous and almost $40 trillion. The interest bill is enormous. The country keeps spending more than it takes in, and at some point those bills get dealt with one way or another. There are no painless ways to deal with bills like that. The details are complicated, but the result is familiar. When more claims chase the same things, the cost of living gets heavier. That is why people pay attention to physical assets. You can't create more of them with a keyboard when the pressure is on. Central banks have been buying physical gold at elevated levels.

Venezuela has been trying to recover their own physical gold that's being held abroad from them. Those are not people in tinfoil hats or gold bugs. Those are governments looking at a world full of paper promises and deciding they want some physical metal in their control. That does not mean you should copy every decision to government makes. It means you should notice the direction the biggest players on earth do not keep every bit of their reserve in somebody else's paper. Promise they want a piece of their reserve in something that is outside of that promise. That is the same question we started with in Belgium. What do you want in the envelope, folks? What do you want in your treasure chest? What do you want? Do you want? What do you want? Holding a piece of the work that you've put in over your lifetime.

And folks, then. Then there are people such as Martin Armstrong, who's private cycle AI model with a 40 year proven track record. May I add points to 2032 is a major turning point in his model. And again, folks, this is not prophecy. It's not a reason to panic. You do not need him, a television personality or anybody else to tell you that the cost of living has changed and the world feels less certain than it once did. But Martin Armstrong's model points towards a possible collapse in the next five years. You know, it's something to think about. You know, it's something to think about, and what matters is how you respond to it. You can ignore it. You can stay entirely in paper and not listen to anything that I'm saying, and hope that every promise gets kept.

You can take a little time and get the information, and see whether it makes sense to what part of what you built into something physical that is not radical, it's not traumatic. It's not the kind of decision the person in Belgium made decades ago, before any of us even knew their name. And I want to make something clear before I close this out today, folks, or at least close this segment out. This is not an argument that every dollar you own has to be in gold or silver. This is not an argument that you stop living your life, stop enjoying your family, or spend every day staring at a price. Chart is an argument for giving yourself choices. When part of what you built is real and physical, you are not betting your entire future on one market, one bank, one retirement statement, one government policy, or one promise made by somebody you have never met.

You have another piece on the board. That is why the two door conversation matters. A direct purchase may fit one person. A properly structured retirement account. Conversation may fit another. Some people may decide that neither is right for them, and that's fine. But nobody should stay in the dark simply because that process sounds harder than it is. Now, folks, let me bring this home. That person in Belgium did not leave behind the prediction. They did not leave behind a white paper. They did not leave behind a spreadsheet full of complicated theories. They left behind gold. They left behind proof that some part of their work made it through the changing world around it. You have worked too hard to let confusion make every decision for you.

You have worked too hard to hear a story like this, see what is what it is pointing to and say maybe someday, maybe a direct purchase is right for you. Maybe a retirement account conversation is right for you. Maybe the right move is simply to make a call and find out what you didn't know before. But the person in Belgium made their choice before the world changed around them, and that is the point worth holding on to if you don't take anything else. From today, nobody gets a map of the next 20 years before they have to make decisions in the present. Unless you're in the movie back to the future, folks. That's the only exception I've ever seen to that rule. What you do get, though, is the chance to look at the choices in front of you while you still have time to think clearly.

Look at those two doors. Ask what is eligible. Decide whether physical gold or silver belongs in your picture, because doing nothing is still a decision. Waiting until everybody agrees is still a decision. The person in Belgium made a decision before everybody agreed and then time did the talking. So folks, again one last time, call the Reagan Gold Group 1-800-702-2212. Ask about buying physical gold or silver directly with a check and having it delivered to your home. Ask whether an old IRA 401 or TSP may be eligible for precious metals. IRA conversation. And folks, I will tell you this a lot of people think that there's no possibilities for them at all, and they think they're completely closed off to this conversation.

And I can't tell you how many people I've seen over the year, folks who thought they had no options, find out that they had all the options in the world from one simple call. The signs are all there, folks. The analysts are there. The price action is there, the metals are moving. The only question is whether you're going to keep watching from the lobby, or you're going to get on the elevator while the doors are still open. Again, folks, the call is free, the information is free. And yes, if you decide the timing is not right after you hear all the details, that's your choice. But this is not a conversation to keep putting off. 1-800-702-2212 again folks that's 1-800-702-2212. Or you can visit OwnRealGold.com. Folks, I am Walt Philips. Please do not go anywhere.

As usual, Carl joins me in segment two and we're going to talk about the Belgium story, the two doors, why people wait and how to get the information you need, as well as a bunch of other questions that I have for him. Make sure you stay tuned. This is The Gold Show and we will be right back. Folks, we are back. And folks, what a first segment. We had started that with the story out of Belgium. An 18 year old worker and his crew break through a cellar wall at a former brewery property, and behind that wall they find a reported €9 million worth of gold bars, coins and nuggets something physical that sat there while the world changed around it.

And the reason that story hits me so hard is simple. The wall came down and the gold was still gold. That is the point of this show that is not about chasing one day's price action. It is not about being scared by a headline. It's about asking what's still matters after the headline changes. After the rules change, after the world gets more complicated than it was when you were bouncing a checkbook at the kitchen table, I also walked you through the two simple doors. You can have a conversation about buying physical gold or silver directly by check and having it delivered to your home, or you can ask whether retirement funds you have may be eligible for a direct rollover. That's it. You don't have to solve it all before you call. You just have to be willing to get the information. So before we get into this conversation, write the number down again folks.

1-800-702-2212. That is the Reagan Gold Group again folks. That's 1-800-702-2212. Or you can visit Owen real gold comm. No more waiting. The call is free. The information is free. There is no commitment, no pressure, and no downside to asking good questions. You can call and say, I heard Walt on the radio. I want to understand the direct purchase. Or you can say, I heard Carl on the radio. I want to understand whether an old IRA 401 or TSP may have an option. That's all you have to say real quick, folks. Again, before I bring Carl on. I'm not a financial advisor. I am a guy who studies this every day and brings you what I what I believe matters.

And now, as usual, folks, I have somebody here who talks to real people about physical gold and silver every single day. All right, guys, without further ado, you know what time it is? It is time to introduce Carl. Carl, as always, thank you for being here with me, brother. Oh. You're welcome. Thanks so much for having me. Absolutely. And listen, I want to do things a little differently this time. I have a few extra questions that I want the audience to hear from you. Not a long speech for me, but your real take from the conversations you're having every day. So you're ready to jump in with that. Carl. Let's make it happen.

Awesome, awesome. So, Carl, I opened the show with that Belgium story. The gold behind the wall. The world changed, the property changed. People came and went. And then decades later, it was still they're still recognized and still valuable. Now, I'm not saying people should bury a box in the yard, but I'm saying that there's a lesson in it. And you know what is a story? You know. It's even more valuable. It's even more valuable. Right, right. Right. Right. Absolutely. Yeah. I mean, listen, you know, I mean, basically the question is, is, you know, what do you think the lesson lands so hard with someone who spent a lifetime working, saving and trying to leave something meaningful behind?

Well, it's simple. I mean, look at this. Look at this scenario you talked about in Belgium. I mean, literally, those metals have been sitting there for, you know, decades upon decades and doing nothing but gaining value. Right? You know, I mean, listen, it's about putting yourself in something that's going to help you grow what you have and not let it just sit there and do nothing. I mean, unfortunately, there's too many products out there that, yeah, they go up, but then they also come back down. You know, I mean, this week I've heard from so many people, it's been really a very interesting week. And everybody keeps saying the same thing. It's like, yeah, the markets have gone up. That's great. But as quick as they go up, as quick as they can go down.

I mean I've heard that from people from coast to coast. I mean, I probably talked to a couple hundred people this week and literally everybody keeps saying the same thing. And it's been crazy that, you know, that's hitting home with folks because they know what's going to happen. I mean, listen, you can't keep doing the same thing over and over. You can't have the, you know, the market's doing what they're doing. I mean, unfortunately, the thing is going to correct crash, whatever you want to call it. I mean, those are healthy. They need to happen to market folks. It's okay. But you don't have to be the loser and have to wait years to get your money back either.

If you position yourself properly, you're in a position where you could keep growing your portfolio no matter what the equities markets do. If you have yourself properly diversified or precious metals. I mean, you know, if you talk to any of the big financial advisors out there that know what's really going on, they're all going to tell you the same thing. You need to have medals in your portfolio. And, you know, not paper, not ETFs, not miners. You know, I mean, I get people all the time, they call me and tell me, hey, Carl, you know, I got miners. Is that okay? I go, well that's like saying, man, you know, I own stacking Smith and Wesson, but do you own a gun? Right. You know, you don't you don't. Yeah. You don't own anything. It's it's a company. They can find all the golden silver in the world if they don't turn a profit. You haven't made any money, right?

Well, let's make this real simple, man. And this is question two for you. If there are people listening right now who have never bought an ounce of gold of silver in their lives, they may be interested, but in their head, they've built this whole thing into some complicated process with paperwork everywhere, mysterious coins, and a big decision that they have to make in 30s walk them through a normal first conversation that you would have when someone says, when someone calls Reagan and says, Karl, I have cash savings, I would like to understand how I can buy some physical gold and silver directly. Well, the first thing I always ask everybody is why? What are you looking to accomplish? This is your money. This isn't mine. It's not Reagan's. It's nobody's. It's yours. What are you trying to accomplish with your funds? That's the first thing I always ask. And then the next thing is in that conversation is. What questions do you have?

Right? You know, I don't pressure anybody. It's real simple. This is your money. You reached out to us. Let us be able to give you the information you need. I mean, listen, there's a ton of sources out there. There's a lot of great people out there, but there's also a lot of people that aren't so great, you know, and people that give a people a lot of misinformation. So you got to be very careful who you're listening to, especially on the radio. There's a lot of people on the radio that are spouting off a lot of things, whether screaming to the microphone like a lunatic and, you know, just straight out line to folks. So really what it comes down to is you got to know who you're working with and work with somebody that's going to shoot you straight, give you the facts, and let you make that decision because this is your money, not ours.

For you to make a decision on what you want to do. You know, that being said, I mean, the process is so simple. You know what I mean? If it's a cash transaction, you wire us the money, you send us a check, we send the metals to you. If you don't want to hold them, you can set up an account. We'll help you do that at the deposit. And, you know, you could hold your funds there. You know, if you want to do an IRA rollover, that's easy. I mean, we have a team here in house and you know, they're great. They're they'll hold your hand from start to finish and make it simple and easy. I mean, it takes about an hour on the phone over a couple of week period.

So this isn't anything that's going to be time consuming or hard or difficult. And, you know, people, one of the biggest things I get from folks is, well, I've never done this. You know, I don't know anything about gold and silver. And I always laugh because I say, do you know everything about the stock market? Right, right. I mean, it's a heck of a lot more complicated than buying some gold or silver coins or bars. You buy, you hold it, it goes up in value. You made money. Pretty simple. Pretty straightforward. It's that's why they can call it a boring, conservative safe haven investment. That's why people do this. So don't sit on your hands. Don't.

Don't be that deer in headlights. Do something to protect yourself. I mean, it's, you know, things can't keep continuing the way they are. They can't just keep going up and up and up and up. It's just it's not, you know, it just doesn't make sense. It's not possible. There will be a correction or a crash. And when it does, that's when gold and silver really, you know, shoots out of the out of the gate. But the reality of it is, is even though metals have done well throughout the years, you know, as the markets have done well, gold and silver still continue to go up, right?

Yeah. I mean, listen, folks, if you're agreeing with Karl right now and you're understanding and for lack of better terms, folks vibing with what he is saying, don't just sit there and say, I will call after I hear the rest of the show, or I'll call next week, or I'll call next month. No more waiting, folks. Call the Reagan Gold 1-800-702-2212. You can ask for Karl directly. I say this every week, folks. Karl is a very busy man. As he explains himself. If he cannot pick up the phone, somebody will be there. Karl, we'll get back to you. He is able to answer hundreds of calls a day because the man never stops working. And Karl, listen, that leads me to my next question for you, man.

And let's pivot from the cash by to the person who's first thought, you know, is a I understand the direct purchase, but most of my money is tied up in an IRA, a 401 from an old job or a TSP. I know you have a lot of veterans, Carl. Federal employees, postal workers, retirees that listen. So, Carl, I want you to explain the first conversation, like, you know, what does someone need to ask? What determines whether the funds may be eligible for a direct rollover into a self-directed precious metals IRA? And how does Reagan help a listener understand the process without making it feel like a mountain of paperwork for them?

Well, I mean, first off, yeah, those are all, you know, huge points there. So, you know, to kind of touch on all those. First off, you know, either if it's from a previous place of employment, even if you rolled it into a current 401, but it's from a previous job, you have the ability to do a qualified rollover. It's a nontaxable event. So if you've got an IRA, A41 403 b tsp, any of those four three letter, you know, acronyms for a retirement account, you have the ability to do something with it and put yourself in a position of growth and stability. I mean, it's that simple. You know, I mean, people are coming to us all the time.

It's really they just don't want to lose the hard money that they built up. That's really the thing I hear from people continuously. It's like, listen, I work so hard for this money. Yeah, the markets have made me money over the years. But you know what? I'm just not comfortable letting it sit there anymore. I'm not. I don't want it to sit in the US dollar. I want it to literally be in a physical asset that at some point in time, if I choose to, I can have it in my hand. I could hold it in my, you know, you know, sack, draw a safe in the house or buried in the backyard or whatever it might be. They just want to have, you know, something that's real, you know?

So the reality of it is, is to do the process. It's simple. We have a team here. You know, like I said, they're going to hold your hand from start to finish in regards to it. It's as simple as you know, just your name, your address, your beneficiary info and then call it over to the custodian. So this is not difficult. It just takes a little bit of time just for, you know, these custodians to send the funds over. But you know, what it comes down to is, is putting yourself in a position where all your eggs aren't in that same basket. And that's the probably the other biggest thing I get besides the fact that people that want to make sure their money is there when they need it, they just don't want all their eggs in one basket.

They want diversity. But the reality of it is, is, you know, these financial advisors and, you know, bank folks are never telling you about stuff that they don't sell. You know, people tell me all the time, oh, I've got a diverse portfolio. I'm in stocks, I'm in bonds. Great. You're still in paper. It's all based in US dollars. You don't have diversity. You may have different types of assets in your portfolio. But you know, I mean, there's a reason why people call me all the time and say, Carl, what can I do to get it into something physical, something real? And that's what people are coming to us for. They want real money. So, you know, like I tell them, it's up to you to make that decision.

Here are the different options. You know I'm here. I talk to people like you said. I talk to people all the time. And the reality of it is, is I'm talking to these folks to give them their options. I'm not here to tell you what to do. I'm not, you know, I'm not a financial advisor. I'm not here to tell you what to invest or what to sell or what not to sell. I just have given you folks that, you know, information at each stage in the process, so you know what's available to you to do this, and then you make the decision you're most comfortable with. And that's always what it's about.

Now listen. It's perfect. You said that, man. Because I want to go one layer deeper because listeners here, gold and silver, like what you just said about owning something physical. And they here gold and silver together all the time. And I want to break that down in normal human language. So when people hear you or myself say gold and silver, gold and silver, gold and silver, some people may be wondering whether they're they're the same thing, Carl, whether one is for one purpose and one is for another, or whether they need to know every technical detail before they even begin.

So when you sit down with someone, Carl, and when someone who is looking at physical medals for the first time, how do you help them think about the roles of gold and silver and how they each play? And why is it more important to start with their goals and comfort level than to chase whatever metal they that had the louder headline that day or week, you know? Well, I mean, here's the thing. Well, really what it comes down to is, like I've said this, you know, I think a couple of times already, I mean, this is about comfort. This is here to help all the folks that are listening that want to do this. It's healthy. It's here to help you sleep better at night. It's that simple.

You know, I don't want to keep you up at night. This is here to help you sleep better at night because you have a physical, tangible asset in your portfolio that's done extremely well throughout the years and essentially is just going to give you some stability and, you know, more growth potential than what you have. That's first off, second of all, I mean, it just really comes down to the it just comes down to what people are looking for. I mean, obviously both metals are precious metals. What people say gold and silver. Yeah, they kind of just group it together. But the reality of it is, is they are two different assets. Gold is going to be a little bit less volatile than the silver. But the silver there is a lot more upside because it is getting harder and harder to mine.

And it's used so much in the commercial space. I mean, unfortunately gold is great, but it just got too darn expensive, unfortunately, you know, so that's why they're not using it in these, you know, TVs and iPhones and all this stuff. I mean, you know, if it was so cheap they'd be using the stuff. But, you know, I mean, the reality of it is, is both assets have, you know, some different uses. But in the end they're both still great investments. And that's the most important thing. Yeah. There is a little bit more growth potential. The silver market based on some of the headlines from, you know, Bank of America and Forbes and some of these guys. But the reality of it is, is both have done extremely well. And, you know, if all these experts and economists and big boy banks are right, they're both going to continue to do very well.

And you know, I listen I yeah, I don't see a slowdown in that market. I mean I don't know how it could with $40 trillion in debt. I mean who's going to pay that back? I don't. No money to be back. Not me Carl. I'll tell you that one. Not me. Not me either. I mean, like, how was that getting paid back? I mean, that's a lot of money. Yeah, yeah. You know, I mean, and all it is, is they're taking the taxpayers dollars and, you know, spending it foolishly and frivolously, you know, I mean, it's time to take it back. I mean, listen, if people that are listening, if they're following the gold and silver markets, they can see clearly all the central banks throughout the world and the governments that are buying gold and silver and, you know, record pace.

And why are they doing it? I mean, not because they feel like having, you know, pretty coins or bars that are shining in their possession. No, their wants, stability. They want to protect their country. They want to protect their assets. I mean, you know, if you look at it, I mean, you got guys that are buying gold and silver that never bought before or never at this level. I mean, it's it's absolutely crazy. What's going on. What was it last week Korea for the first time and what was it 1314 years. Something like that. That they bought medals. Yep. Yep. Yeah I mean there's a reason why everybody is doing this. And I always tell people it's good enough for the governments. Why is it a good enough for us. Yeah. Because, you know, they're always watching out for themselves first. Yeah. Everybody knows that call.

The BRICS nations are positioning for the folks at home that don't know the BRICS nations Brazil, Russia, India, China and in South Africa. They're all positioning right now. The big boys are positioning. Everyone in the world is buying gold. And, you know, that leads me to my last question. We only have a few minutes left. So this has to be a quick one. But it's probably the most important one. And this is for the listener that's been with us for a few weeks or a few months, Carl. And maybe they've enjoyed the show. Maybe they've been telling their spouse, hey, this guy Walt makes sense. This guy Carl makes sense. Maybe they wrote down the number and they have it sitting on a notepad by the phone, but they haven't called.

Not because they're not interested, but because life gets busy. They're worried it will be complicated because they don't want to feel pressured. Or maybe they think they need they need to know more. They need to have permission to ask a question. What do you say to that person, Carl? What happens when they make the call and why should they stop putting it off? Well, there's no reason to wait. Why wait? We're not getting any younger. I mean, listen to everything. Look at oh, eight people went home from work at a Friday, came back to work out a Monday and lost a ton of their money in it. Continued for months and months afterwards. I mean it, you have to be proactive at reactive.

It's simple. Get it in your portfolio, set it, forget it. Put yourself in a position where you're safe. Your money is there when you need it and you're in a good space. That's all it comes down to. You know there's no reason to wait. What are you waiting for? I mean, I get people all the time tell me, you know, I'm going to time the market. I go, oh, really? That's great. Where did you get your crystal ball? Yeah. I mean, you can't. I mean, so what do you do? You have to protect yourself and you have to do something now. I mean, there's no reason to wait, you know? I mean, listen, in regards to spouses and I talk to spouses all the time. Most of the time, what I found is they've just gotten misinformation. They heard from a guy, friends brother in law's neighbor's cousin told him that he heard from a guy about gold or, you know, a gal about silver.

I mean, it just misinformation. Folks, give us a call, ask the questions. Never heard. It's a simple just give you here to give the information you want to do something great. You don't know harm. No foul. I mean, it's real simple. We have a great team here, you know, feel free to ask for me directly. I'm taking calls all day long, and, you know, if I'm not available, ask them to transfer to my voicemail. I'll call you right back. But we got a great team here. We'll answer all those questions and go from there. You know, I mean, it's it's pretty simple and easy, you know, I mean, our cash transactions, our minimum purchases is $10,000, IRAs are 25,000. You know, it's just a small portion of most folks, you know, portfolio, if they've worked their whole life and saved, do something to help protect that.

Quit ensuring your house and your car and your health and not your retirement. That's what I got to tell folks. I'll leave it at ten. Don't you know you ensure everything else? Why are you not ensuring the, you know, money that you may need to fix your roof or your health or leave something to loved ones? I mean, protect that. Listen, folks. Carl. Well said. And that is exactly why I have you on this show every single week. Because I truly believe there is nobody better than you. And as always, Carl, I want to thank you so much for being here. The information that you provide people is truly invaluable. And folks, this is my final message to you.

You need to understand what you work for. You need to understand what you want your future to look like. And you need to understand that getting information is not the same thing as making a commitment. There are two simple doors. Maybe you have cash savings and you want to learn how a direct purchase by checking home delivery works. Maybe you have an old IRA of 401 or a TSP, and you want to find out whether it may be eligible for a direct rollover. Maybe you're not ready to do anything at all, and that's fine, but you are ready to ask a question. That's enough, because the people who get ahead are not always the people who know every answer.

They are the people willing to ask the first question before the crowd is forced to ask it for them. No more waiting, no more telling yourself that you will call after the next headline, next dip, the next rally, the next month, or the next conversation with your buddy at breakfast. Call the people who do this every day. Get real answers and decide what is right for you. Call the Reagan Gold Group 1-800-702-2212. Again, folks, that's 1-800-702-2212. Or you can visit that website only Goal.com. Tell them that Walt sent you. Tell them that Carl sent you. Ask for call on the phone. Ask about a direct purchase. Ask about a possible retirement account rollover. Ask the questions you have been meaning to ask. It is a free call.

There is no pressure. There is no commitment. But there's no reason to keep putting it off. Because putting off what you can do today will never help you tomorrow with that folks. That's all the time that we have this week for The Gold Show. I'll be right back here next week along with Carl. I'm excited to see you all. And with that, this has been Walt Philips. This has been The Gold Show and I will see you all very soon.

Announcer

You've been listening to The Gold Show with Walt Philips, sponsored by Reagan Gold Group, a trusted precious metals leader helping Americans safeguard their wealth and retirement savings with physical gold and silver. To learn more about hedging against uncertain times and securing your retirement, visit OwnRealGold.com. That's OwnRealGold.com, or call (800) 700-2221 two to speak with one of our specialists. Reagan Gold Group is not a tax advisor. Join us next time for more insights into the purest form of money physical gold and silver.