Episode 14: What Will Your Money Be Worth in 30 Years? | 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 Unreal Gold. That's OwnRealGold.com. Now here's your host, Walt Philips.

Walt Philips

And folks, welcome, welcome, welcome to The Gold Show and a very, very happy Labor Day weekend. If you were listening to this right now from your car or your home, happy Labor Day weekend again. To you, to your family, to your loved ones. I am your host, Walt Philips, and this show is brought to you by my very good friends over at the Reagan Gold Group. And folks, boy, do I have a show plan. Today I want you to hang on to the sides of your seats, because I have one huge question that I want every person listening at home to sit down and really think about. So wherever you are, whether you're driving, whether you're in your whether you're sitting in your living room or enjoying a nice cup of coffee, pay attention.

Because what we're about to discuss is bigger than a headline. It's bigger than what a screen says your account is worth today. Here is the question, folks. If you put what you own in a time capsule and you sealed it up and opened it 20, 30, or 50 years from now, what would still be there? That's it. That is today's entire show. If you put your savings into a time capsule, will those dollars still by what they buy today, if you put your retirement into a time capsule, would still be worth what you were promised. If you put your money into a company everybody swears is unstoppable. Well, that company even exists when your kids or grandkids open the box. And if you put physical gold or physical silver in that same time capsule, something real, something you can see way and hold, what happens then?

That is the difference between a promise and a possession. Now, folks, before we go one inch further, I want you to write this number down 1-800-702-2212. That's 1-800-702-2212. Or you can go to OwnRealGold.com. Folks, I'm going to say it a few times today because I want you to have it. Do not sit there saying I will remember it. You know how that goes later becomes tomorrow, tomorrow becomes next month. And you turn around in. Another year is gone. 1-800-702-2212. Or you can go to OwnRealGold.com. Ask the team at Reagan Gold Group your questions. Get the facts. Find out what it means to own physical gold and silver. You do not have to decide anything while you're listening to me, but you do owe it to yourself to know what your options are.

Now let's get into this. Think about how many things over the course of your life. People told you were a lock. They said this company is too big to fail. They said this market can only go up. They said, this new technology changes everything. They said, just leave it alone. The experts have it handled. And then one day the company was gone. The stock collapsed. The bank needed a bailout. The pension changed the rules. The app stopped working, the website got hacked. The expert who told everybody to relax disappeared right along with the money. Let me give you three quick examples. Not to scare you, but to wake you up first, folks. And I'm sure you all remember this Enron. Remember Enron.

That was not some little company operating out of a small strip mall. It was one of the biggest names in America. The people at the top were expensive suits. They appeared on television. Major accounting firms signed off on the books. Employees were encouraged to hold Enron stock in their retirement accounts. Then the truth came out, folks. Enron filed for bankruptcy in 2001. The FBI says thousands of employees and stockholders lost jobs, savings and retirement money. Now put Enron stock in a time capsule, seal it up in the year 2000. Open that capsule today. And what do you have a piece of paper from a company that failed? It's not worth nothing because you didn't believe hard enough. It's not. It is not worth nothing because you forgot to check the chart.

It is worth nothing because the company can go away, folks. Now, second, the.com boom. Some of you remember when all the company had to do was put.com after its name, and suddenly people were acting like it was the next General Motors, the next IBM, the next anything you wanted it to be. The internet itself was real. That technology changed the world, but not every company riding that wave was real. The Nasdaq peaked at 5048 in March of 2000, and then it fell 1139 points by October 2002. That was a 77% drop. It took 15 years to get back to the old high, put a basket of those hot com names in a time capsule at the top. Open it today. Some companies survived, but many did not. The stories were exciting, the promises were huge.

But a story is not the same thing as something permanent. Now third folks, let's talk about something people do not always want to talk about. Digital access. The Securities and Exchange Commission has warned people that if they manage crypto themselves and lose the private key, the access code, they can permanently lose the ability to reach it. If they use a platform or custodian, there can be risks if that company is hacked, shuts down or fails. That is not an opinion. That is a basic fact about access. You can have a number on a screen. You can look at it every day, you can tell everybody about it. But if the key is gone, the platform is gone or somebody else is frozen, your access that number can become nothing more than a picture on a screen.

Now, I'm not telling you that every company is Enron. I'm not telling you that every stock goes to zero. I'm not telling you that every digital account disappears. That would be silly, folks, but I am telling you something much simpler. A lot of the things people thought would last forever did not last forever. Companies have failed. Markets have crashed, products have become outdated, websites have disappeared, promises have been broken. That is why the time capsule test matters. Because then you ask what has stood through every boom, every bust, every failed company, every new invention, every banking panic, every political fight in every wild promise made by people and expensive suits. And if you folks at home are listening, I'm sure you know what I'm going to say next. The answer is gold and silver.

So, folks, if that's landing with you right now, I want you to do one thing. Don't just sit there nodding along and then let the moment pass. Pick up the phone and call 1-800-702-2212. That's 1-800-702-2212 or go to that website I always mention OwnRealGold.com. Tell the friendly team at Reagan that I want to understand physical ownership. Ask them how gold and silver work. Ask them what may be available. If you have savings, an old retirement account, or money you've been meaning to do something with. I promise you folks, they don't bite. Folks waiting for everything to feel perfect is how people stay stuck. The phone call is simple. The information is free. The conversation is real.

Call 1-800-702-2212. Or again, folks, that's OwnRealGold.com. Now, folks, let's get to the meat and potatoes of this conversation. Earlier in the show last week, I walked you through a comparison that should never, ever, ever leave your mind. Back in 1971, you could have taken $10,000 in cash and put it in a box, and you could have taken another $10,000 in Bud Gold when it was still fixed at around $35 an ounce. And then put that gold in another box. The cash box, decades later, still has $10,000 of cash in it, right? Unless there's a magician that can turn into a rabbit, the bills might look nice. They might be crisp, but they're still just $10,000, and the purchasing power of those dollars is nowhere near what it was when you buried it in 1971.

Now, the Gold Box, folks, is a lot different. $10,000 at $35 an ounce, but roughly 285oz of gold at the recent 4600 announced level. Those 285oz folks represent roughly $1.3 million. Let me say that again. $10,000 now represent $1.3 million. That's not a theory, folks. That's not somebody. Crystal ball prediction that already happened. And it's not because gold is magic. It's because the physical metal stayed the physical metal while the measuring stick, the dollar changed over time. Now take that same time capsule test and run it with Enron. Put $10,000 worth of Enron shares in a box at the height of the excitement. Seal it up. Open it. Today you would be looking at a reminder that no matter how big the signs are, no matter how impressive the headquarters look, no matter how many experts are praising a company, a company can fail.

Folks put $10,000 into a business that went bankrupt, and that business can be gone. Put your entire future behind an executive team and that executive team can make bad decisions. Put your confidence in a password in one lost phrase, can lock you out forever, but put physical gold in a box. And when you open that box, it's still gold. Put physical silver in a box, and when you open that box, it's still silver. It does not matter whether the fellow who ran a company retired, got fired, lied to shareholders, or flew to the Bahamas. The metal does not need a chief executive officer. It does not need a quarterly report. It does not need someone in a boardroom to make the right decision next Tuesday.

And that is why people have used gold and silver across civilizations for thousands of years, thousands of years, 5000 years, folks, they're not somebody obligation. They're not an IOU. They're not a promise. That depends on the next earnings call. And here's the point I really want you to hear. Gold and silver do not have to be perfect every day to be permanent assets. They can move up. They can move down. We've seen that anybody who tells you metals never have a rough day is not being straight with you. But in recorded monetary history, in history, folks, in all time history, gold and silver have never gone to zero. They have not filed for bankruptcy. They've not disappeared because a server crashed. They've not become obsolete because a newer app came along.

Gold does not wake up one morning and announce layoffs. Silver does not issue a press release saying the books were cooked. That right there, folks. That right there. If you listen to nothing else, that right there is the difference. Now, folks, gold is so dense that at a price around $4,600 an ounce, about $1 million worth of pure gold is roughly 217oz, around 15 pounds of metal. That is an enormous amount of value in a remarkably small physical space. Think about that, folks. I really want you to wrap your head around that 15 pounds. That's less than a big bag of dog food that's around the weight of a bowling ball, and you can put that kind of value into a small, secure space. I'm not telling you to carry $1 million around in a shoebox, right?

That would be dangerous, folks. But I'm saying the point is simple. Gold stores a great deal of value in a small physical form. That is one of the reasons it is mattered. Throughout history, $1 million in $100 bills is 10,000 individual bills. The US Currency Education program says every note weighs about one gram, so that stack weighs about 22 pounds. Paper is paper. Gold is a physical, dense store of value. That is real world common sense. You don't need a Wall Street degree to understand that. So folks, if you've been sitting on the fence because you thought this was complicated, listen to me. You don't need to figure it all out alone. That's why I keep telling you to call the folks at Reagan Gold Group at that phone number.

Folks 1-800-702-2212. Again, I'm always going to say it twice. 1-800-702-2212. Or you can go to own gold folks. Maybe you have an old 401 from a job you left years ago. Maybe you have an IRA, maybe you have a TSP from federal service or the military. Maybe you have cash sitting around in no real plan for it. Call Reagan Gold Group and say, here is what I have. Here's what I'm trying to understand. Walk me through it. They can explain the choices, answer your questions, and tell you whether a properly structured direct rollover may apply in your case. Do not make a giant decision because a radio host yelled at you. Even though folks, I never want to yell at you, I get excited, but don't make the decision just because of that.

Make a phone call because you realize that you deserve the information. Again, folks, that's 1-800-702-2212. Or you can go to OwnRealGold.com. Now folks, I want to talk about the turning point we are living through right now. And I don't mean that with fear. I mean it with urgency. The markets are telling you something. Gold and silver are not quietly sitting in the background anymore. They have been making major moves. They have been volatile. They have been getting attention. And that is exactly why people get scared and freeze. They see a price go up and they say, I missed it. Then they see a price come down and they see I. Then they say, I knew I should have waited. Then they see it rise again and they say, I'll wait for it to come back down.

And then month after month, year after year, they end up doing nothing. They become professional waiters, not the kind who are buying you a cup of coffee at bringing you a cup of coffee at the diner. Rather folks, the kind who wait on the sidelines while everything around them changes. Now let me give you the facts, folks. Reuters reported that silver traded around $71.77 an ounce back on January, back in January of this year. By January 29th, Reuters reported, silver had hit an all time high of $121.60 an ounce. That is how quickly this metal can move when it gets going. Now it also pulled back. Of course it did. That's the part of a volatile market. But that's not the point. The point is that silver does not send you a letter three weeks in advance saying your sir or Madam, I will begin moving sharply on Monday.

Please be ready. Markets don't work like that. They frustrate you, they confuse you, they go sideways, they pull back. They make people doubt themselves. And then a major move happens so fast that folks were waiting for a perfect entry point or suddenly watching the price on the television, saying, I wish I had made that call when Walt was talking about it. That is what I don't want for you folks. I don't want you listening to this show in two months. Seeing a much higher gold price or a much higher silver price could inevitably, folks, that is where we are headed. And then digging up this old broadcast and saying, damn, I heard him. I knew it made sense. Why did I not even make the phone call?

This is not about chasing a number, folks. It's about understanding the moment the Silver Institute metals focus. Expect the silver market to remain in a supply deficit for a sixth consecutive year, and going into much more than that. Reuters reported that their research projected a 46.3 million ounce shortfall, and that 762,000,000oz had been drawn from stocks since 2021. That doesn't mean that there will be no silver available tomorrow. It doesn't mean that every prediction comes true. It means the physical supply and demand picture has been tight for years, and it's not something you should ignore while you wait for a headline to give you permission. And now look at what respected market voices are saying as well, folks.

Michael Oliver, he's a veteran market technician who began in the futures business in 1975. In an interview published earlier this year, he said he expects silver to reach the couple hundreds in the next handful of months, with what he called a realistic possibility of 3 to $500 silver by the end of this year. Smart, experienced people looking at the silver market are not talking about it like it's an afterthought. They're talking about a potential major repricing. McCarey raised its 2026 working average for gold from 4300 to 4500, and lifted its silver average from 52 to 72. Bloomberg reported gold trading above 4600 ahead of the Jackson Hole meeting. Again, these are not promises. They're institutions updating their views as conditions change. And what are you doing while all of that is happening?

Are you still sitting there saying, let me wait until I'm completely comfortable? Folks, if you wait until the story is so obvious that everybody at the diner is talking about it, you are probably late to the conversation if you agree with what I'm saying. If you understand that companies can fail, digital access can be interrupted in gold and silver are physical assets with a track record that spans generations. Then do something more than listen. Call that number folks. 1-800-702-2212. Again, that's 1-800-702-2212 or visit goal.com. Ask about physical gold. Ask about physical silver. Ask about an old IRA, a former employers for one or a TSP. Ask whether a direct rollover could be structured without a current tax bill or early withdrawal consequences in your circumstances, the people at Reagan Gold Group will walk you through the questions.

No fancy language. No need for you to pretend you understand every chart on television. Just tell them where you are and what you're trying to protect. The worst thing you can do is wait until the window has changed. Then suddenly you decide it's time to learn once it's too late. Call 1-800-702-2212. Or again folks, that's OwnRealGold.com. So folks, let me bring this home. You can't control what a company's CEO does behind closed doors. You can't control whether a corporate board makes a good decision. You can't control whether a password gets lost, a platform changes its rules, a website goes down, or a bank suddenly makes you wait for your own money. But you can control whether you learn. You can control whether you ask a question.

You can control whether you put yourself in a position to own something tangible, rather than depend entirely on somebody else's promise. That is what today has been about the time capsule test. If you place a failed company in a time capsule, you may open it years later to find out the company no longer exists. If you place a digital asset behind a password in a time capsule, access may depend on whether that password, platform, and technology survived. If you place paper cash in a time capsule, you can count every bill when you open it. But what it buys can be drastically different. But when you put physical gold and silver in a time capsule, you open it and the metal is still there. It's still tangible, it's still recognized, it's still real. And folks, if anything is proven right over time, it gains a heck of a lot of value.

That is not complicated. And frankly, folks, you have earned the right to have some simplicity in your financial life. You worked hard, you raised a family. You paid your bills. You made it through layoffs, recessions, wars, high gas prices, high interest rates, and every other curveball life through at you. Maybe you worked in a factory, maybe you drove a truck. Maybe you owned a small business. Maybe you served in the military. Maybe you taught children carried mail or construction, or spent decades making sure somebody else's business ran the way it was supposed to run. You did not spend all those years building a life just to have your future tied entirely to something you cannot see, touch, or explain.

And I know some people are overwhelmed. I understand that, but being overwhelmed is understandable. Refusing to learn anything because you're overwhelmed is a choice. You don't need to become a precious metals expert today. You don't need to understand every bond market headline. You don't need to watch financial television for six hours a day. You need to pick up a phone and have one honest conversation. Ask, what do I have? Ask what are my choices? Ask what does physical ownership look like? And ask if an old retirement account. If an old retirement account, what's possible with that? Then you can decide what fits your life folks, your family, and what fits your goals. But I'm telling you as directly as I know how to. This is a turning point.

Markets are not asleep. Gold is not asleep. Silver is not asleep. The people who understand physical assets are not asleep. So don't sit there asleep at the wheel. Pick up that phone, folks. Call the Reagan Gold Group 1-800-702-2212. Or you can go to OwnRealGold.com. Ask the questions, get the facts. Learn about what it means to own physical gold and silver. Find out whether there's a path. There's a path for you involving an IRA, a 401 from previous job, a TSP, or your cash savings folks. Because the people who regret the people who regret missed opportunities are rarely the people who made one phone call and learn something. They're the people who kept saying, I will get to it later until later.

Got expensive. Don't let that be you folks. I'm all Philips. Stay right here, folks, because after these messages crawls coming on and we're going to keep this conversation going, because knowing the difference between a promise and a possession could be one of the most important things you ever do for yourself and your family. I'm Walt Philips, this is The Gold Show, and we'll be right back. All right, folks, and we are back from the break. And welcome back to The Gold Show once again. I am Walt Philips in this broadcast of sponsored by my very good friends over at the Reagan Gold Group. And folks, if the first part of this show got you thinking, hang on, because this part is about to get even more special.

Before the break, we talked about why physical assets matter. We talked about why promises can be broken. We talked about the time capsule test, what is really going to be there years from now. When a company fails, a market crashes, or a password and a platform stand between you and what you thought you owned. That is why gold and silver matter. They are tangible. They can be held, they can be verified. And in recorded monetary history, folks, they have not gone to zero. Now, folks, before I bring on my guests, get a pen and write this down once again 1-800-702-2212. Again, that is 1-800-702-2212. Or you can visit OwnRealGold.com And if what you just heard resonated with you, do not leave this as another good radio conversation you forgot.

By the time you get home, call the Reagan Gold Group. Ask your questions. Find out what physical gold and silver ownership looks like for you. And if you have an IRA, an old 401, a TSP, or savings that you have been meaning to review, ask what choices may be available to you again folks, one more time 1-800-702-2212. Or you can visit on Goal.com. Now folks, we are at one of my favorite points of the show. I get to bring on a familiar face and somebody a lot of you have specifically asked to hear from Moore. You have heard Carl and me talk through some heavy stuff on this program. In the past few weeks and months, many of you have called in afterwards, had the chance to speak with call directly and gotten your questions answered.

And that is why I'm excited to bring him back again. Carl is not only a good friend of mine for more than ten years, he's the top precious metals analyst over at the Reagan Gold Group. With years and years of experience helping regular, everyday people understand their options, protect what they have built, and learn about physical gold and silver without getting buried in fancy Wall Street language. Carl. Brother, as always, it's a pleasure and welcome back to the show. Walt. What's up buddy? Good to talk. To you. Thanks for having me.

Absolutely, Carl. Always good to hear your voice. Now, Carl, before we get into the news, let me get your big picture reaction. Carl, earlier in the show, I asked listeners to think about the time capsule test. A company can close, a stock can take a beating. Somebody can lose a password, a platform can change the rules. But when you hold physical gold or silver, you're holding a tangible asset that is not dependent on one company staying alive or one website staying online. So Carl, my question. Yes, real money. And my question, Carl, is from where you sit talking to people every day. Why do you think that message is hitting home right now? Why is the idea of control becoming so important to ordinary people?

Well, I mean, I hear every day from folks. I mean, people are scared they're going to lose what they work their life for. You know, we're watching banks closed down throughout the country or get bought up by other financial institutions. You know, they're worried about that. I mean, the fact that we passed 40 trillion in debt last week, I mean, that should be an eye opener to everybody. And add in the fact that we have, you know, of the fed doing what it's doing. I mean, we're, you know, Trump put a guy in for the sole purpose of lowering interest rates. And they're talking about raising them. I mean, it's basically just telling everybody. Hey the economy's not that good. You know, I tell folks all the time just because the stock market's good, does that mean the economy is good?

It kind of means stock market are two very, very different things. And you know I think right now I mean I've spoken to a tremendous amount of people since we last spoke. And I probably tell you one of the biggest things everybody's worried about is, you know, am I going to have my money there when I need it? Is it going to be there for me? And, you know, what could I do to make sure it's there? And, you know, I just tell everybody, listen, yes, you have that opportunity to make sure money's there, but you got to make sure you actually have real money, not fiat currency or paper. And that's really what it comes down to.

I mean, the points not that people have to be terrified of every bank, right? Every company or every piece of technology. Totally. Yeah. The point is that a person who worked their whole life should understand what's real and what's somebody else's promise. I mean, you can have different kinds of holdings, but physical hold and silver give a person something simple, a tangible asset that doesn't need a board meeting, a log in metals. Been around for thousands of years. And yeah, simple, straightforward in the currency for many, many different types of civilizations and different countries and different, you know, people throughout the history of mankind, you know, US dollars have it. It's that simple and straightforward. I mean the US dollar I mean it's run its course. 100. Percent ton of information out there about it. I mean, you know, historically fiat currencies, you know, globally generally last 40 to 50 years US dollars what, 94 years right now. Yeah. Come on.

It's past its expiration date Carl. It's a sour milk right now. Yeah. And of course and Carl speaking about metals let's get into Silverman because this is where things are getting interesting. Carl the September delivery month is here. And I have been watching the numbers. You know me, Carl. I go crazy with this. You love the numbers. I love the numbers, man. Every just so, folks, just so everybody listening knows this is like Walt's Super Bowl once a month. Oh yeah. So everybody's aware. Oh yeah. Oh yeah baby. And Carl, we got some exciting news because the numbers coming out of the comic system. Carl, I want to make this simple for the folks at home. Before the delivery cycle began, report showed roughly 99,000,000oz of registered silver folks at home. Registered silver means that is. That's what the warehouse warrants needed, needs for delivery.

And at the start of the September process, 3832 silver contracts representing roughly 19,000,000oz were just tendered for delivery, folks. So what that means the 99,000,000oz of available silver, let's call it, 19 million of them were just claimed. Now, I want to be careful here because I don't want to say 19,000,000oz physically walked out of the warehouse overnight. That's not what the delivery numbers mean. But, Carl, help people understand why this matters. What does it mean when a meaningful amount of silver is moving through the delivery process against the registered supply? That's already much smaller than the overall paper claims that people trade. And let's even take it a step further. Why does it make a difference between a claim on silver and physical silver so important because of the whole paper manipulation, Carl, that we talk about, like, I don't think folks understand that silver is the most manipulated.

I was about to say metal, Carl, but it's probably the most the only thing more manipulated than that is my mother in law. You know. Oh, that's that's right. That's for sure. Yes. Yeah. I mean, listen, it's simple. I mean, once again, it's they don't have the metals for these people that want to take delivery of them. I mean, it's just not there. Too many people are still stuck in paper, essentially with metals. I mean, there's a reason why China took paper metals off their markets a couple of weeks ago. I mean, it's nothing more like you said. It's manipulation. All that it's doing is, is causing the price of it to bounce around. If you really look, I mean, over the last couple of weeks here, silver and gold as well, it probably had the best couple of weeks they've had in, you know, multiple quarters. And they sold them have done very well.

So you know what? You know what this equates to is for the average person is if the manipulation doesn't keep up as dramatic as it is, we should watch the silver market spike dramatically and probably not. And I don't want to say spike it. You know it. Theoretically it should go up and just not come back down. It should just continue to rise. Karl, listen, you know me. I'm plugged into my analyst. The Michael Oliver's, the David Morgans, the Eric Sprott, the David Hunter, all of them. And Karl, I always say when it looks like a duck, it walks like a duck. It talks like a duck. It quacks like a duck. It's a duck. And they're all saying the same thing about silver, Karl.

They're all saying that silver is going to in the short term, they're looking at 3 to $500 silver. And in the long term, over the next few years, we're looking at quadruple digit silver. And folks, if you're listening at home, silver is at $70. We're going to be talking about silver like the good old days very, very soon. So folks, I'm going to pause real quick because if you were listening to Carl and I right now and you're agreeing with Carl and you're agreeing with me, don't just sit there and say, oh, that makes sense. Well, you know, maybe I'll pick up the phone. Folks, I want you to call the Reagan Gold Group again. That number is 1-800-702-2212.

Again. 1-800-702-2212. Or you can visit on Goal.com. Ask a simple question. What does it take to own physical silver? Ask about gold two ask what kind of coins or bars may fit your goals. Ask how an old IRA of former employers 401 or TSP might fit into the conversation. Do not wait for another person to tell you when it's time to learn. There's no prize for being the last person to make the call. 1-800-702-2212 or OwnRealGold.com A phone call never hurt anybody, folks a conversation, never heard anybody I mean call. Ask your questions. I mean, I'll tell you right now I one of the things I hear from folks and I tell folks all the time, and I always say it in a joking manner, but so many people have so much misinformation about precious metals.

They heard from their best friend, sister's cousin's brother in law, heard from a guy that he knows that he heard at bingo. You know, I mean, it's just a bunch of nonsense that people you know are thrown out there. I mean, and the reality of it is, is you need to know who you're working with and you need to trust the information you're getting because it's really important. And unfortunately, if you don't pick up the phone, you won't know. No question. Stupid. Give us a call. Hey, I heard this about gold. I heard this about silver. Is that true? Because a lot of people and I tell you, nine out of ten times when I talk to somebody, they just had misinformation. All of a sudden, they basically get their questions addressed and go, oh, I didn't know that.

You know what? This actually makes a lot of sense. This makes a lot of sense for me. I should do this. You know, I mean, it's about diversification. It's not about having all your eggs in one basket. It's diversity. You know, I have people tell me all the time, well, I got a diverse portfolio. Yeah, but in the end, it's all still paper. It's all based on US dollars. I mean, you know, great. You got a whole bunch of different type of paper. Is it going to be there when you need it? Great points grow great points. And you know listen, I want to I want to switch over to gold for a second because we only have limited time here. And I have these great questions to ask you because, Carl, there was a development that should make people stop and think. The U. S. Treasury just expanded secondary sanctions exposure around Iran related activity in five sectors Carl.

Digital assets, technology, gold, gold, aviation and shipping. Now, let's be very clear to everyone listening. This is not a ban on gold itself. We're not here to spread misinformation. It's not saying regular people can't own gold. It's about Iran related dealings and designated parts of that economy. But the reason it caught my eye is what the Treasury said about gold and said I ran is using gold as it tries to stabilize. It's it's it's it's it's way to protect itself against rampant inflation. In other words, when a government is under pressure and it's paper money is in trouble. What is it. Time to gold. So Carl, what is writing.

To use? Gold. Yeah. What is trying to do is it's trying to protect itself. They already know that there are is destroyed there. I mean, listen, we you know what's been going on here, just the, you know, the they've been losing, you know, billions of dollars a month, just not being able to have the normal deliveries that they had, you know. So what are they doing. They're running to the tried and true physical asset gold. You know, that's been around for thousands of years. It's that simple. They're trying to hedge their bet and trying to keep their economy somewhat afloat, even though it's getting killed to try and save themselves. That's their life raft now. You know, I mean it's real simple, folks.

You see. I mean, they physically named it gold is besides those other for, you know, areas they're trying to use that to keep their country from basically going out of business. It's that simple. So if countries are doing this. Why aren't regular folks like you and I? I mean, I know I am, you know, people listening. Why are you waiting? Get on the phone, you know, and have a conversation and see if this makes sense for you. I mean. In a good space. Yeah. Go ahead. Yeah. I mean, listen, gold globally recognized its liquidity. It's not tied to a single country's promise. And that's why governments have held it as part of reserves for generations. And the Treasury action doesn't make gold illegal, right. It shows. No, but it shows gold's important enough to be specifically named in the way I ran tries to protect value and move resources under pressure. Sure, because they.

Got a lot of gold. I'm sure you know. And what are they doing? They're trying to use that to basically dig themselves out of the hole that Trump put them in. I mean, that's all it is. It's it's they're using a physical asset because it has real value, folks. It's that simple. It's something of value. Real value, not paper, not a stock, not a bond, not a promissory note. Not, you know, anything. It's physical, real money. And that's why they're doing it. And that's why, you know, we're trying to stop it. You know, we're trying to essentially bankrupt them. But you know, if they if they're doing their gold thing, it may keep them going for a little bit longer.

Well, Karl, listen, that bridges me into to the final question I have today. And I want to end with the part that matters. Most of the people listening at home, and you and the team at Reagan Gold talk to folks every day. You follow up with people. You answer questions long after the first phone call without naming anybody or getting into anyone's personal business. Tell me about the people who called several months ago. Carl. We were on here when gold was roughly $500 lower than recent levels because I know you follow up with people. And what are those conversations like today? How are those people feeling happy?

They you know, the ones that at first were a little nervous, should I be doing this? And, you know, how should I do this and all that? Those people all now, you know, and most of them are calling me and, you know, adding to their accounts and buying more metals. You know, they see where this you know, where this is going. And, you know, they're very happy. They're like, listen, this is now helping me sleep better at night. This is knowing that I have real money in my portfolio and that my assets are actually might not some computer numbers floating in the air. I mean, you know, I, I talk to people all the time. I mean, listen, this past week, I, I had a gentleman he purchased, you know, I don't know, probably six, seven months ago.

And I can tell you right now he is absolutely over the moon. He's just, you know, knows that he made the right decision. He was a little hesitant at first, but now he just super happy about what he did. And, you know, he actually called me, you know, the other day. And you know, he added a bit more to his account. That was the real reason for his call. But he said, he goes, I'm so happy that you took your time and explain this to me because nobody else is doing that, you know, I mean, he knows that these financial guys and I'm not knocking them. They're great guys, my friends and their business. I've said it before, but they're never going to tell you to do anything that doesn't benefit them or their company, and they sell gold and silver.

It's that simple and straightforward. You know, it's about giving yourself a shot when everything else is going one way. You have something else in your portfolio. Go in the opposite direction. And metals have that inverse relationship to the market, but more importantly, the US dollar. And you know, that's what we've seen historically. You know obviously history doesn't have to repeat itself. But I don't know why it would, especially considering, you know, the turmoil that we're in right now and the debt that we have and the money printing and the dollar devaluation and the inflation. I mean, this is, you know, it's been a rapid robbing Peter to pay Paul scenario for quite some time. And, you know, there's a lot of people out there, you know, the gentleman you named earlier talking about, you know, their predictions for metals.

They're saying those things for a reason. They know that this is going to come to a head. And, you know, it's time to protect yourself and make sure your money's there when you need it. Because unfortunately, none of us are getting any younger, my friend. Absolutely not. I wish, you know, for the family, youth. Carl, I've been looking for the fountain of youth with my wife. We took a road trip. Don't tell anyone. I've been trying to find it, man. I've been trying to find that fountain of youth. If I find it, I will let you know. And, folks, I will make an announcement on the radio. We will all get younger together. But, Carl, listen, you know, that's what I want people to hear. This is not you calling somebody and being pressured into something before you understand it is your money.

Do it at your pace. Yeah, when you want to do it. But you know, understand? You can't be. You can't I say I say it every week. You can't be a deer in headlights or do nothing, right? Right. Fiscally conservative. I like to be proactive, not reactive. I don't want to wait till the market's dropping, gold and silver skyrocketing, and I'm trying to sell things and get Ahold of, you know, my financial company and hope they're going to help me because unfortunately, a lot of times they're going to leave you high and dry.

I mean, Carl, plain and simple. You call, you ask questions, you find out whether you actually have choices. Maybe you work 30 years for a company and have an old 401 you've barely looked at since you left. Maybe your federal military retired, have a TSB, maybe you have an IRA and annuity, a savings. Maybe you want to do a cash by, but you may have more control than you realize. And folks, when you ask for Carl, there's no one that is going to be able to point you in a better direction than the man you're listening to right now, because he has walked down every path he's fought every war, and he knows how to find opportunity where you might think not, folks, where you might not think, sorry, my tongue not tied there, folks.

I don't know what happened. It could have been my lunch. I had a big lunch today. But he will find you opportunity, folks, and that is the point. And that's why we have Carl on this show every week. Because a lot of you have been listening and calling in. And Carl, I mean, you know, you say it to me all the time that, you know, you've been helping so many people. And radio is such a powerful thing. And I feel like it's a true privilege for the people at home being able to listen to you and also being able to connect with you.

Well, I love doing it. I mean, listen, it's great to be able to talk to everybody and to be able to have these conversations with folks and, you know, get everything addressed the proper way. I mean, unfortunately, there's a lot of people out there spewing a lot of information. And, you know, I mean, I know one guy, he was saying something that he, you know, he was guaranteeing gold was going to be over $5,000 this week from last week. And unfortunately, he lied to all his listeners, and he's known to be a liar. But that's a whole different conversation. But, you know, the reality of it is, is, folks, what you need to do is you need to do something to protect yourself, and you need to just make a smart decision and, you know, not rely on other people because the reality of it is, is nobody's going to protect you.

You got to protect yourself. So, you know, please feel free to give us a call. No pressure, like Walt said. And, you know, ask some questions. You want to talk to me directly? You know, we get somebody on the phone, ask, hey, can I speak to Carl? I'll jump on the line. I mean, if I'm not, I'll call you right back, because I. You talk to a lot of folks, but it's about giving people the opportunity to know that they do have choices and what those choices are, and then making the best decision for themselves and what they're trying to accomplish. And if you got cash, if you got retirement funds, we can help you with both. So please don't hesitate to call.

And especially with everything going on right now, you know, jump on it and don't wait. Because, I mean, we've gotten extremely busy in the last six weeks here. And you know, the phones are blowing up. So we want to be able to take care of everybody in an appropriate manner. So don't hesitate, folks. Well, Karl, brother, I appreciate you coming on as always. I know a lot of listeners look forward to hearing from you, and I know you've had the chance to meet and help many of them, from them, of them, from these conversations. Folks, I am going to leave you with this. Earlier in the show, we talked about the time capsule test, what survives when the company fails, what survives when the password is lost, which survives when the headline changes, the market shakes, or the person who made you a promise is no longer there to answer the phone.

Gold and silver survived it all. Not because they are magic, not because they go straight up every day, but because they are real. Because they are physical. Because they do not disappear when a company goes bankrupt or a website goes dark. And right now the window to learn is still open. Do not take that for granted. There may come a day when gold is at a number that makes today's price look like a memory. There may come a day when silver is at a level where people say, why did I wait? I can't tell you that exact day, folks, or that exact number. Nobody honestly can. But I want you to call the Reagan Gold Group 1-800-702-2212 and make that call today. Ask about physical gold. Ask about physical silver. Ask about an old IRA, a 401(k) from a previous job, a TSP, or your savings.

Ask what choices may be available in your situation one phone call, one real conversation, one chance to stop guessing and start understanding. Folks, I am all Phillips Carl. Thank you again brother and to everyone listening. Take care of yourself. Take care of your family and do not wait until later gets expensive. We'll see you next week right back here on The Gold Show.

Announcer

You've been listening to The Gold Show with Walt Philips, sponsored by Reagan Gold Group, a trusted precious metals leader helping American 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 800 702 2212 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.