Episode 15: Stop Watching the Noise: Gold, Silver & the Bigger Picture | The Gold Show with Walt Philips

Transcript edited for clarity and readability.
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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 real gold. Now here's your host, Walt Philips.

Walt Philips

All right, all right, all right. Ladies and gentlemen, welcome back to The Gold Show. I am your host, Walt Philips. And, boy, do I have a show to unpack for you today. To all my Gold Show family. You've been calling in, asking great questions and learning about physical gold and silver. Nothing makes me happier because the message is landing. You were listening. You were thinking. And that is why I am here. And man, life has been peachy. I got to play a little golf this week. I had one of those steak dinners you keep thinking about, and I have been so fired up about gold and silver that I talked my wife's ear off. She told me that if I mentioned gold one more time, that I might be sleeping in the doghouse. And you know what? I told her that the doghouse better have good reception because I have a radio show to do.

Folks, this broadcast is brought to you by my very good friends over at the Reagan Gold Group. And today I want to talk about one thing. Just one thing. And if you stay with me, I think it's going to hit you right in the chest. I want to talk about the noise. Now, before we get into it, folks, write this number down 1-800-702-2212. Again 1-800-702-2212. Or you can visit OwnRealGold.com. You're going to hear that number throughout the show. Start with a phone call. Ask your questions. Learn what physical gold and silver ownership can look like. That's it. Maybe you have an IRA, a former employees 401, a TSB or savings that. Have you been telling yourself that you will look into later folks, my friends later has a way of sneaking up on people. Write it down 1-800-702-2212.

Now here is what I mean by the noise a Federal Reserve official gets behind a microphone. Somebody on television hollers about interest rates. One day gold is up. The next day. Silver is down. You look at a chart, you see a red number, and your stomach tightens up on you. The next morning, the screen is green. Now you feel amazing, but then it's red again. And now you're worried again. My friends, that is not a plan. That is a leash. It keeps you staring at a screen. It keeps you waiting for a perfect moment that never arrives. It makes you feel like you're doing something. When all you're really doing is watching other people's money move around on a chart.

Now, let me give you the picture I want you to remember for the rest of this show. A farmer does not plant corn by staring at the weather app every ten minutes. He doesn't wake up on Tuesday and see that it might rain and say, well, I guess what? I don't see a little sun icon on Wednesday and suddenly I'm just not going to run outside. He doesn't hear a Frost rumor on Friday and decide the whole year is over. No, a farmer plants because he understands the season. He understands that winter is coming. He knows he has to put seed in the ground before the season changes. The weather app will drive him crazy all week. Rain. Tuesday. Heat. Wednesday. When? Thursday. A little cloud on Friday.

But if he spends every day staring at the screen, he never gets seed in the ground. Gold and silver are the seed. The daily price is the weather app. Now let's talk about winter. Winter is not the rainy day. Winter is not the red arrow on the screen. Winter is the thing that was coming whether you check the weather app or not. For this country, the debt is winter. The United States national debt has crossed $40 trillion. That's not a number that changes because gold moves up or down in an afternoon. It's not a number that disappears because somebody in Washington gives a speech. It's a quiet number, and it's a heavy number. And it keeps sitting there getting bigger, whether the television talks about it or not. The price is loud. The debt is quiet. The quiet one wins. That is the part people miss. A down day in gold is loud. A jump in silver is loud. A fed announcement is loud.

But the long term force is underneath all of this debt. Central bank demands physical supply, industrial demand. Those are the things that decide what matters over time. Ladies and gentlemen, I am not telling you to ignore the world. I am telling you to stop letting the noisiest thing in the room make all the decisions for you. A farmer does not cancel winter because the weather was nice on Thursday. Now let me talk to you like I would talk to a friend across the kitchen table. Are you going to plant your seed today, or are you going to keep worrying about the rain on Tuesday? Planning your seed does not mean you have to make some giant move by the end of this hour. It means pick up the phone. It means ask the questions you've been carrying around in your head.

It means learn what physical gold and silver ownership can look like for your situation is a phone call the Reagan Gold Group going to be the worst thing that ever happened to you? Of course not. It's a conversation. Could it be one of the most important conversations you have ever had about money? You worked your entire life to build apps a frickin lutely. So call 1-800-702-2212 or go to OwnRealGold.com. Fill out a few simple questions and someone will call you right back.

But do not stare at the clouds. Start with the conversation. And that brings us to gold, my friends. Reuters reported that central bank net purchases reached 289 tons in the second quarter of 2026, a record for a second quarter. According to the World Gold Council. China's central bank added 20 tons in July, taking its official holdings to a record of 2,377.5 tons. I had to throw the 0.5 in there for you folks because I want to be exact. Read that again in your mind. The people who run national reserves are not looking at a red candle on a five minute chart. They are looking years down the road. They're looking at their country, their currency reserves, their exposure to risk, and the fact that they want tangible gold in the mix. Goldman Sachs Research expects gold to reach $4,900 an ounce by the end of 2026.

JP Morgan Global Research has a higher view, expecting gold to average 6000 an ounce in the fourth quarter of 2026, with 6300 headed into 2027. Are those calls carved in stone? No, they are forecasts, not facts. But they come from major research desk studying the same quiet fundamentals which are central bank buying, geopolitical uncertainty, debt and a changing global appetite for gold. Now let's talk about why this window matters. And I want to get a little personal here, folks.

Let's talk about my favorite president and the face of the Earth, Mr. Donald J. Trump president 45, who, in my opinion should have been 46. He's now president 47 and I think he should be 48, 49, 50, 51, 52. However, however long he can live, I love the man because he is not afraid to go on the attack, ask the hard questions and say exactly what he thinks when the pressure is on. Right now, right now folks, he is publicly pushing back on Kevin Warsh Kevin Warsh is the Federal Reserve chairman. He appointed. Warships said rate hikes could be on the table if inflation requires it. President Trump wants lower rates, especially with this country carrying more than $40 trillion in debt. And the president put about, put put it about his plainly as anybody could untrue social. Last week he wrote, and I quote lower the rate or I'll stop trading with countries with which we have a deficit. That is President Trump being President Trump direct.

No dancing around it. He is saying high rates, massive debt, trade deficits and the health of the country are tied together. You may agree or not, but he is not hiding from the hard conversation. Now, I'm not going to tell you I know exactly what Chairman Warsh will do next, folks. I don't nobody does. But look at the roads in front of us. If rates are cut while inflation remains a concern, people will have more questions about the buying power of their money if rates rise into an economy already carrying more than $40 trillion of debt, that brings a different kind of pressure, different roads, same uncertainty. And this is exactly why I get so fired up about gold and silver. The economy does not need to collapse tomorrow for people to see the tension. Building. The market does not need to ring a bell before metals move. When gold and silver catch a major bid, they can move with serious speed. We saw that in January with silver.

We have seen it repeatedly with gold. The window does not stay open forever. There will not be endless shows folks, where I can say to you, you have time to learn. While the crowd is still stuck watching the weather. At some point, a move gets everybody's attention. Every neighbor is talking about gold and silver, every headline is screaming, and people who waited start calling because they're excited. Not because they understood the fundamentals. I want you calling now because you understand the season, not later. Because the price is everybody jumping up and down. Do not let a headline make you forget the season. Friends at home do not think of this number of the 1-800-702-2212, or OwnRealGold.com as just a phone number and a website. Think of it as top secret, a top secret folder.

Let's say that I just handed you inside that folder is what most people are too busy watching the weather app to notice $40 trillion in national debt, central banks adding gold, silver, and a sixth year of deficit, and major research desk mapping higher gold prices. You are hearing it right now that gives you a huge leg up. So what are you going to do with it? Are you going to open the folder, use the information and learn what physical gold and silver ownership can look like. And are you going to hide? Are you going to hide it in a drawer and tell yourself that you're going to get to it someday? Don't file it away, folks. Use it. Call 1-800-702-2212 or visit OwnRealGold.com. Tell the person who answers exactly what you were working with an IRA, an old 401, a tsp, or savings you have worked hard to build. Ask your questions. Get real answers in plain English.

And now let's talk about silver. Because silver may be the perfect example of why the weather app can make people lose the plot. Silver can move fast. Silver can move so fast. It's like the flash from those Marvel movies. Folks, I'm not kidding you here. I mean, silver moved so fast in January, it moved from $70 to $121 in 29 days. And when we saw that in January, Reuters reported that when silver hit that record after a powerful run, it then pulled back sharply.

But that's just the weather. That's the market moving. It's not a reason to pretend that the underlying silver story has disappeared because of one pullback. The Silver Institute and Metals Focus project that 2026 will will be, will be in the sixth consecutive year of a global silver market deficit. They forecast a 46.3 million ounce deficit this year alone. Reuters also reported that 762,000,000oz have been drawn from global stocks since 2021.

Now, I'm going to say this as simply as I can. If a farmer has 100 bags of seed in the barn, but every year he uses more seed than comes in, he can keep going for a while, but he can't do that forever. Eventually, he has to deal with what is happening in the barn. That is the physical silver question. The world keeps using it in electronics, solar panels, cars, medical equipment, and all kinds of products people depend on every single day. The market can bounce around, the weather can change, but it is still in the sixth year of a deficit, and that deficit is not going away anytime soon. And that is why you do not base a big life decision on whether silver had a green or red afternoon. Stop watching the weather, folks. Winter is already on the calendar no matter what you do. Everybody listening right now. If you've been putting this off, let me ask you something. What are you waiting for? Like, what exactly are you waiting for?

Sit down and think for a minute. Think long and hard. What is it that's holding you back? Are you waiting until every cloud disappears after you? Waiting until the prices are moving so fast that the whole country is talking about them? Are you waiting until you have no more questions because you waited too long to even ask them? Don't do that to yourself, folks. Call 1-800-702-2212 and say, I want to understand physical gold and silver. Say I have an old account and I don't know what it means for me. Say, I've been watching the headlines and I want to get out of the noise. The team at Reagan Gold Group can have that conversation with you. You don't need to understand every single chart, every interest rate prediction, or every word out of Washington. You just need to pick up the phone, folks. And you don't have to be embarrassed to do it.

If you call up and you know absolutely nothing about gold and silver besides what you hear me say here, that's okay. There's nothing wrong with that. There's nothing wrong with asking for help if it gets you to a better place. So again, folks, that number is 1-800-702-2212. Or you can go to own Goal.com. And folks here is the final thought I want to leave you with. We are all busy. We all have reasons to wait. We all tell ourselves we will handle things when we have more time. More information or a better feeling about the news.

But the folks who get stuck are not always the people who made the wrong choice. A lot of the time, they are the people who never made a choice at all. They stayed in the chair. They watched the weather app. They waited for a forecast that made them feel completely comfortable. There is no such forecast that exists in history, folks. You're never going to get a forecast that makes you feel completely comfortable. A farmer knows that he plants when it's time to plant. He gets the seed in the ground. He gets the hay in the barn before the storm. He does not need Washington to give him permission, and neither do you. The noise will keep talking. The weather will keep changing.

But winter does not wait for anybody. Now, my friends, do not take this top secret folder and stick it in a drawer and forget about it. Don't let the information you heard today become another thing that you meant to handle someday. Call the Reagan Gold Group 1-800-702-2212 again, folks 1-800-702-2212 or visit on real Goal.com. Ask the questions. Learn about physical gold and silver. Ask about an IRA, an old 401 K, a tsp, or savings you've been carrying around for years. You were not planting a field in one afternoon. All you're doing is taking the first step. Getting the information and finding out what's possible.

Now, folks, I want to ask you something else. For my seniors at home that are in their 60s, their 70s, their 80s. Whether you know when your kids are grown, when your grandkids are grown. Don't you want to take this time right now and have that nest egg there for them and have that security there for them? So when they're in their 30s and their 40s and their 50s and their lives are budding, they're out there building careers, they're getting married. They're doing all the things that you did early in life, that they're not deterred because they're worried about their parents or they're worried about their grandparents.

So they're working 2 or 3 jobs. They're trying to figure it out because the investments weren't made in the correct way. You have an opportunity here, folks. You have an opportunity and you have information at your disposal. Knowledge is power. That's why this radio show is so powerful. Because I take the time and I do the research for you. I do it for you. You have the math. You have the cheat code. It's like going down to take test, but you already have all the answers.

But there's no point of having all the answers if you never take the test. And folks, I mean, listen, I could say it until I'm blue in the face, but I'm sure you can see it plain as day. When you leave your house, it's not the same when you go to the supermarket to buy groceries. It's not the same when you go to the gas station to fill up your car. It's not the same when you turn on the TV set. It's not the same when you look at the news. It's not the same. We could talk about the debt all day. We could talk about the politicians that are fighting with each other. We can talk about the country that's in disarray. We can talk about all the other nations in this world that are currently circling the US dollar and buying up all the gold because frankly, folks, people are losing faith in it. They're losing faith in their old friend that is suddenly $40 trillion in debt.

You know that feeling you've all had, that one friend that you grew up with. That was the greatest guy in the world, the greatest girl in the world. But you watched them tank their life upside down. And what did you do? You wanted to separate yourself and get to something safer, get to greener pastures. And gold and silver are two metals that have been around for 5000 years. They've never been in any debt, and they've also never gone to zero.

So if all these countries can buy gold, if all these institutions can buy gold, why can't you? Why can't you be ahead of the curve? So, folks, listen, I am Walt Philips. This is The Gold Show, and it's sponsored by my great friends at the Reagan Gold Group. And I don't want you to go anywhere because we're going to be back with a whole lot more right after this break. I'll see you soon. And welcome back to The Gold Show. For those of you that are with me before the break, I am very glad you're still here because we talked about some amazing things together, folks. And as always, I have Carl sitting here right with me in the studio right now. And before we bring Carl on, quick reminder to everybody that phone number that that leg up is 1-800-702-2212 again, folks. 1-800-702-2212. Or you can go to OwnRealGold.com com, fill out a few simple questions and somebody will call you back right away.

Now everybody we spoke about a lot before the break. We covered where gold is at. We covered where silver is at. We covered my thoughts on Donald Trump. Now this is one of my favorite parts of the show. I get to not only bring on a precious metals in my mind, probably the the best in the game. Someone that sold over a half $1 billion, folks. Over a half $1 billion in one year alone in precious metals. But this man is also a personal friend of mine of over ten years, someone who helped my own personal family, my mother, get into precious metals and give her the gift to not worry anymore. So without further ado, Carl, welcome back to the show, my friend.

Carl

Walt, how are you? Great to be back.

Walt Philips

I'm excited to have this conversation and let's get right into it. And I have something that's kind of burning right now to ask you, Carl. And I just want your opinion on it. So there's a lot of other shows out there, Carl. And I know because you've told me this yourself, that people call all the time, that get hoodwinked, bamboozled, whatever you want to call. They get their rear ends, their their touches taken advantage of. And why should this be the only show that people listen to? And why should people really only be calling the Reagan Gold Group for gold and silver?

Carl

Well, I mean, it's pretty simple and straightforward. You're getting the truth. You're not getting a bunch of lies and a bunch of made up nonsense from people that truly don't know. I mean, unfortunately, I mean, yeah, there's a lot of great people out there, a lot of great companies out there, but there's also a lot of them that are spreading a lot of nonsense. And, you know, I mean, nobody wants to get screamed at on the radio week after week. And there's hosts out there that are just screaming into the mic telling lie after lie. I mean, there's one guy out there I think he guaranteed two weeks ago that gold was going to be over $5,000, and it's nowhere near that, unfortunately. So, you know, I mean, we're telling people the truth, we're being honest, we're being straightforward. And, you know, just kind of laying it out there and letting people make a decision if they want to work with someone that's going to be there and that's trustworthy. You know, I mean, like I've said before, in the past, you got to know who you're working with. I mean, unfortunately, some of these characters out there have some checkered past. And, you know, I mean, just Google them and you'll find out an awful lot of things. And unfortunately, you know, we're we're fortunately for us, we don't have those issues. You know, I mean, listen, we're we're very clear. We're very transparent. Here at Reagan Gold, you treat people fairly. Karma is a very real thing. We believe in it. And if you're good to people and it's going to come back to you, I mean, our ownership here at Reagan Gold are probably, you know, two of the nicest, most fair people you're ever going to interact with. And they treat people the way and teach all of us to treat people the way they like to be treated. And that's why we've had the successes we've had. And, you know, the ten years that we've been in business, you know, I mean, a lot of these other companies, if you look at them, they've been in business a year or two. They're small. They're, you know, brand new. They're startups. They're just trying to get their footing. You know, a company like ours, you know, our heels have been dug in deep and, you know, with, you know, the kind of, you know, past that I've had in this industry, you know, I know better than anybody. So, you know, I always tell people, you got to be comfortable who you're working with. But once again, do a little due diligence and know who you're working with to make sure your money safe and their when you need it.

Walt Philips

Right. Excellent explanation. And I think for everyone listening at home, it gives them a clear picture of why it's so important to be dealing with the right people, because there's there's shady characters in every business. And unfortunately in precious metals, it happens more, more than it should. And everybody wants transparency. Now, Carl, getting into my next question, I'm just as excited for this one. So don't let me don't don't get fooled over I'm just I'm just taking it up.

But I'm not going to pull any punches here. Carl. Right. The company's name is Reagan Gold Group. Obviously we love Trump. Obviously, I'm a big fan of Trump. And I mentioned in the first part of this show that Trump made a threat. Carl. And I'm pretty sure you're aware of that threat. And folks, I'm not going to quote it again. But to paraphrase Trump basically said, for the people that are just joining us right now, that if the fed does not lower interest rates, that he is going to stop trading with major partners that we're in a deficit with, such as China, because he wants to apply pressure to the fed and have them lower interest rates.

So people aren't paying $75 million for a carton of eggs, or they're not filling up their gas tank and going broke in the meantime trying to do it. And I think that's great. But no matter what, this country is not headed down any path where the dollar can be trusted. Carl. And you and I speak about that all the time. And right now, right now, the only place, the only result of what happens is good for metals. If the fed gives in to Trump and lowers rates, metal skyrocket. If they don't, and they raise rates, metals still skyrocket.

So my question for you is that we're in a window, Carl. And every week we talk about that window getting tighter. Since we've done this last show, gold and silver have gone up even more. And I explained earlier before the break that in January, Carl Silver went from $70 to $121 in 30 days, and gold shot up from the 4000 to 5600 in just a couple of months. So for the folks at home, Carl, I know you're flooded with calls. You and your team. What do you have to say to the folks at home that that aren't jumping on the bandwagon right now?

Carl

Why are you waiting? I mean, I could answer that all the time. I just, I well, no, I do, I listen, I ask people all the time or what has held you back from doing this? You know, most of the time what I found, after all the years of in this business, it's generally misinformation. You know, people have heard something from somewhere, read something that just wasn't correct or wasn't the total, you know, truth about precious metals or, you know, the, you know, gold and silver in general. You know, I'm not a financial advisor, CPA, but I've been doing this an awful lot of years. And unfortunately, you know, I've heard a lot of stories from financial advisors. I mean, you know, about some of the stories that they're telling their customers just because they're trying to retain a client. And it's just pretty unfortunate. And, you know, the big thing is this you need to make sure you have diversity and having everything in paper. I don't care if it's in 50 different stacks or bonds or type of financial products from, you know, these huge financial institutions. You're still in paper, you know, I mean, what's been the tried and true currency for thousands of years? Gold and silver. All the companies that started the stock market aren't even in business anymore. Fiat currencies historically only last 40 to 50 years globally. You know, the US dollar is on 94 years. I mean, how much longer could the house of cards keep get built, keep getting built up? I mean, $40 trillion in debt. I mean, it's absolutely ridiculous. I mean.

Walt Philips

40 plus plus Carl. Plus plus.

Carl

Plus plus. Yeah for sure. I mean, listen, there's a reason why Jim Rickards is telling people. Absolutely. I expect it to go a lot higher. He's talking about precious metals. I mean, listen, they're talking about I mean, there was a CNBC article I saw the other day. It said, you know, the economists were expecting the fed to remain on hold. And, you know, they're hoping to see the scope of gold hit $5,000 by 2027, if not sooner. I mean, we're not far off of that number, and I think it could come sooner, you know, I mean, obviously time is going to tell. I don't have a crystal ball. None of us, you know, does. But the reality of it is, is you can't keep this up without having some repercussions. I mean, and what Trump said, it doesn't really matter either way. Gold and silver or winners in this scenario. So why sit in, have paper, something that can go to zero? I mean, listen, theoretically I guess it could go to zero, but how likely is it that an ounce of gold or announce a silver? You know, that's been the tried and true currency for thousands of years for many different civilizations? It's going to have no value to it. I mean, I don't think that's happening anytime soon. But, you know, I could be wrong, but I don't think I am on this one. So why are people waiting? I don't know, don't wait. Get on the phone, give us a call. Have a conversation. Start with something you don't. Don't put all your money into metals. That'd be crazy. Just like that other guy on the radio is telling people. Put everything you got in gold and silver. That's insanity. You don't do that. It's about diversity. Put yourself in a position where you have a well-rounded, diverse portfolio, different assets that are diverse. That's the most important thing I hear from customers all the time. They tell me we're looking for diversity and we're looking for protection, and we're looking for safety. That's why we're getting the number of phone calls we're getting, and we're having the successes that we're having now.

Walt Philips

Folks, if you are listening to call right now and what are you saying is making sense to you? God knows it makes sense to me. But you guys already know that. You folks know what makes sense to me because it's all I talk about. But if it's making sense to you, why wait? Why wait? Because the man you're listening to right now on the radio, you can actually speak to him when you call. So folks, that number again 1-800-702-2212. Again I'm going to say it twice 1-800-702-2212. Or you can go to OwnRealGold.com. Like I mentioned before the break, two scenarios when you call that number, the first scenario you call it, you get the information you need. Nobody holds a gun to your head and says you have to fork over all your money today into gold and silver. Exactly what Carl just said. You walk away with information, you speak to someone friendly, and you have a smile on your face when you hang up.

Or the other scenario is that you end up moving forward and you end up getting gold and silver, and Reagan helps you do that. So at the end of the day, that is all that I am asking is that you give it a chance, folks. Give it a chance. Make the call today. Don't hesitate.

Carl

Questions of conversations never hurt anybody, Walt.

Walt Philips

Right?

Carl

Right or wrong, it's a great. That's it. Gets some information. Think about it. No pressure. Most people I talk to call in, get some information, chew on it a little bit, think about it, read the materials we follow up in a few days. And hey, we had a great conversation. Not for me. We part ways for hey, this makes a lot of sense. Let's do let's do this. And that's happening a lot more often. I mean, in the last few weeks, I mean, not even the last six weeks, eight weeks, it's been really busy. People are calling like, crazy because they.

Walt Philips

Really, really busy through the Dennis time of year. Carl. Which is crazy because precious metals over the summer, it's known as the doom and gloom months. Correct me if I'm wrong, Carl, people don't usually call and you've been so busy. I mean, you've been working. You've been barely seeing your family.

Carl

Correct?

Walt Philips

Yep. So? So folks make make that call. And with that, that leads me into my next question. I want to pivot, Carl, because let's talk about some good old silver right now. Let's talk about some good old silver. Because silver right now is sitting at around $70. And we got guys like Michael Oliver. We got guys like the top analysts in the country, David Hunter. Some guys I mentioned earlier that are calling for 3 to $500 silver by the end of the year and calling for quadruple digit silver by 2031.

Now you have a little more volatility in silver, but the upside is humongous. Getting silver at $6,770.71 I hate to call out prices because prices change every second. Prices change every second. They could be different right now as you're listening to this show at home, folks. And that's just the nature of the beast. But my question to you, Carl, is that silver is something that people often overlook because it's known as the little brother to gold.

But how often are you selling silver? And do you think that it's a good idea for people, especially within metals, to diversify between gold and silver? And how much gold and how much silver would you say?

Carl

Okay, so first of all, yes. I mean, are people buying silver a tremendous amount? I mean, I'm selling probably most people generally do about a 5050 mix. You know what I hear a lot of people tell me is the reason they choose that amount is because they feel like gold for the little bit more or less volatile type asset, and kind of slow and steady wins the race in comparison to the, you know, silver market, which, yeah, might be more volatile, but there is a lot more upside to it. I mean, I look at it like this. We've seen quite a bit of change in this country in the last decade with all these AI and consumer electronics and solar and medical and the list goes on. I mean, silver is used in so many different areas, and it's getting harder and harder to mine. And, you know, when China cut off all silver imports to our country a few months ago, I mean, you know, I believe it was, you know, they I think it was MarketWatch had an article that 60% of all the silver we consumed in this country came from China. So you know, I mean listen it's it's a hot commodity no pun intended. But really it's it is what it is. I mean there's a reason why people are buying like they are. I mean, I always tell people it's really your choice. This is your money. It's not ours. We're not here to tell you what to do. And put a gun to your head and say, this is what you have to do, and this is what you're going to get. No, you choose what you want to choose. We lay out the different options that are available to you and really, you know, gold. Like I said, it's going to be kind of slower and steady. Yes, the silver market could move a lot quicker and faster. And, you know, it really just depends on how aggressive or non-aggressive you want to get. So that's it. I always tell people that's the easy part of this. That's the fun part. I mean, you know, really there's two ways of doing this. Either you write us a check or wire is the funds and then buy your metals, or you do an IRA rollover where it's a nontaxable event and you're able to move your money over from a regular retirement account into a precious metals IRA. No different than a regular IRA, except you get to hold physical in that paper assets in that account. So, you know, both processes are extremely simple. We have a great team here in house. The people that work with me are fantastic. And we hold your hand through the process from start to finish. So really, you know, it just comes down to your comfort level. And that's the most important thing. But you know, do I think silver is going to go. Yeah, I mean there's I don't think those guys you mentioned are wrong. I think there's a lot of data to support it. I'm one of those people personally. I'd rather under promise and overdeliver than, you know, tell you the, you know, you're going to hit the moon overnight. I mean, that's just not very realistic. But do I think those numbers make sense? Yeah, there's a tremendous amount of data to support it. And I think that very easily could happen.

Walt Philips

Listen, Carl, I think what it comes down to at the end of the day is that people need to realize that this dollar that's barely hanging on by a thread is not a future anymore. It's not a future. You need insurance. You say it all the time, Carl. All the time. This is your line that I am.

Carl

You ensure your house. You ensure.

Walt Philips

Your car. Yes.

Carl

You're your health.

Walt Philips

Yes, yes.

Carl

Finish it for me.

Walt Philips

You ensure your health. You ensure your car. You ensure. Insure everything, folks. Ensure it all. Ensure you're freaking TV. Get an extended warranty on your car. Do whatever it. Sure everything. And I'm not hearing him.

Carl

It's about protecting yourself and ensure you know you ensure all those things in your life normally, you know, I mean, I kind of look at this the same way as the pricing right now, where, yes, we saw metals higher at the end of the year. It took a little bit of a dip. It's still way up from where it was the last 12 months. And people are skittish. You know they want to buy one.

Walt Philips

It's going Carl where I said it in the in the before the break. Carl I pulled the stat. In the last 30 days gold is up 15%. Silver is up 17%. That was in the month of August. That was in the month of August. Imagine where it goes when we actually get into the season when people are buying metals like crazy. Another another interesting fact that I'll pull Carl is that there in December alone, there's 400 million, 400 million plus ounces expected for delivery out of the Comex. For the people at home that don't know what that is, that is where our silver and gold is stored. Here in the United States is a bunch of different locations. We only have 99 million available ounces in December. There's 400,000,000oz that are expected. Not not every ounce gets some of it gets rolled over, folks. Not every ounce gets taken in for physical delivery.

But do the math. We have 99. We're we're we're in our sixth year of a supply deficit in silver our sixth year. The fundamentals are what back this up. The fundamentals is what backs up what we are saying right now. Silver is in a shortage. The global nations the brick nations, they're buying gold at a record pace. Right now China is on its 21 month straight of buying gold. And I'll say it again, folks, because I said it before the break. Why aren't you? Why aren't you?

Carl

If it's good enough for them folks, it's good enough for us. It's good enough for you. Why buy the paper that they don't want? And they're trying to push off on the regular folks like us. Because that's all we are, a regular folks here. Wake up and see what's going on. I mean, it's a there's a reason why these central banks and governments are buying gold and silver at the rate they are, it isn't because they're think that they're going to get rich off of it, even though they're going to, you know, I'm sure do quite well. They're trying to hedge, protect and make sure when the correction crash, whatever you want to call it happens. They actually have something of value, not just a bunch of worthless paper like Germany in the 30s or Venezuela a couple of decades ago. I mean, it's time to protect yourself and not just sit there and be complacent, unfortunately. I mean, you gotta you gotta be proactive and not reactive because when the swing comes in the equities markets and it's going to come, not everything goes straight up. That's a that's a fact. And when it does change and we're watching the volatility daily up and down and up and down. You've got to protect yourself from that folks.

Walt Philips

Listen if I can leave you with any message it's don't wait don't wait. There's no reason to wait David Morgan one of my favorite analysts, he said it the best this past week or actually maybe a couple of weeks ago. And he said that our country is headed towards an economic collapse within the next five years. One of the most powerful AI models in the world that's been around for 40 years. It's the only a my model that has a 40 year proven track where it's predicted wars, it's predicted major events is looking at a full economic collapse by 2032. And David Morgan said that the people that are holding physical gold and silver are going to be in the top 1% that actually have any wealth left. So with that, folks, Carl, I want to thank you so much, as always, for being on the show today. Thank you for answering my kind of crazy questions for you. But you answer them eloquently, eloquent, eloquently.

Carl

So thank you so much for having me. I appreciate it. And folks, listen, like I always say, it's a phone call. Doesn't hurt. Chat with somebody. Pick up a phone. Give us a ring, ask for me to. I've talked to so many people in the last week. You know, people are really calling in and just please give us a ring and let's have a conversation, see if this is something that may or may not be a benefit to you and your family.

Walt Philips

So there it is, folks. And again, I'm going to end with this. That number 1-800-702-2212. Again 1-800-702-2212. Let this be the week that you listen to us and that you pick that phone up. Best case scenario, it turns into the best phone call that you've ever made, and it takes you on the path to protecting your future folks. Make sure that you stay tuned in to The Gold Show. We will be right back here next week. My name is Walt Philips, and thank you for joining us.

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 Owen. Real gold. That's Owen. Real gold. Com. 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.