Is Inflation Ending... Or Has It Only Begun?

Hey, everybody. It's Dan, the Charlie Kirk Show. Colin Plumb from Noble Gold Investments joins us. That is noblegoldinvestments.com promo code Charlie. That is noblegoldinvestments.com promo code Charlie.

So check it out right now. And he's a wonderful partner. I buy all of my gold and silver from him. We talk about the economy. We talk about Bitcoin. We talked about cryptocurrency, silver.

We talk about Joe Biden's chief economic advisor and more. That is noblegoldinvestments.com promo code Charlie, noblegoldinvestments.com promo code Charlie. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.

That's why we are here. Noble Gold Investments is the official gold sponsor of The Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals. Learn how you could protect your wealth with Noble Gold Investments at noblegoldinvestments.com. That is noblegoldinvestments.com. It's where I buy all of my gold. Go to noblegoldinvestments.com. Happy about this hour here. We've been waiting for it for quite some time.

And it is Colin Plume, friend of mine, and a great American, great patriot, entrepreneur who runs Noble Gold Investments. And I still have the silver you gave me. Yeah, exactly. Rip that plastic off. Rip that off.

We gave Andrew such a hard time because he tore the plastic and we ridiculed him for a month. And now you're telling me I could just take it off? Yeah, I mean, it's silver, so it's not going to have an issue. So this is from the Istanbul Gold Refinery? Is that where most silver comes from? No, I mean, during the pandemic, we had to get creative and find different mints all over the world. The U.S. mint has a very overwhelming criteria for gold and silver that they receive. So they were always at a disadvantage to private mints because the criteria that they want is not realistic.

It's just not a realistic way to do it. So we can actually get gold and silver bars from many places all over the world at a much better price than the U.S. mint, which obviously that's the same quality. It's the same exact quality. It trades everything on the market exactly the same. And at the end of the day, it's all about getting the most value, the most dollar, you know, most moving dollars to silver. You want to get the most that you possibly can. And so going private with the volume that we do it. No, well, gold, we can get, you know, great discounts. And that's that's the key to investors.

So the story of gold this year is amazing. And, you know, we've been partnering for quite some time. We don't do investment advice. I don't. You guys do.

Because we're very clear about that. However, I buy my stuff from you. Gold and silver love working with you guys. And I want to get this and I want to get this chart up on screen here. The price of gold was stable through January, up down a little bit, February, March. And then something happened in the beginning of March where it just started skyrocketing. And it went from about two thousand ish dollars an ounce to now near twenty three hundred to now. And so you look at that chart there. That's just in this year.

We have tons of time here this hour. What happened in March? Yeah, I mean, a lot of it had to do with the fact that people are you know, you see the major buyers of gold. So you have central banks, obviously tremendous buyers and China and many of the major banks are getting out of U.S. treasuries.

I mean, you've probably seen the reports of China dumping, you know, close to one hundred billion dollars in the last year of U.S. treasuries. So but where are they? What are they moving into?

Where what do they slide into? And so they people are dumping fiat money all over the world. They're dumping bonds and they're looking for tangible investments just because they know that we're just at the beginning of this inflation. It's not it's not inflation is not going anywhere.

Jerome Powell said, you know, they've had a hard time, you know, staving off inflation. We're still in the mid threes. So I think it's worse than that. Yeah.

Yeah, of course. The numbers are worse than that. But that's the numbers that they're reporting. So it's it's really what you're seeing is central banks. And this has been going on for probably 10 years is they're moving away from U.S. treasuries. U.S. treasuries 10 years ago were at about 70 percent in central banks. Now they're at about 58 percent. So they're moving away. And now you have all this de-dollarization talk and it's becoming rampant.

Everyone's doing it. And so it makes sense for countries like China, obviously Russia. They're not going to be in U.S. treasuries anymore. It doesn't make any sense for them to have U.S. treasuries because they're just going to get taken away. There's no one.

No one's going to be able to reciprocate trade with them. So they want to be in gold. So it's just a natural thing that has happened. And I think a lot of it was built in.

And I was saying in November last year that I was expecting twenty three hundred gold. Yeah. And you were totally right.

You came on this show and basically called your shot. Yeah. Yeah. And people were like, oh, he's a typical gold guy. Yeah.

Legit. And I'm very conservative with my expectations. And I think that when I look at the markets and you just see all this money moving out of typical safe haven investments, then it makes sense for gold to make sense. And I think also people are realizing that the banks paying for four and a half percent is really and I hate to use this term, but I'm going to it's really fool's gold. Right. If they're if the bank is willing to pay you four and a half percent, what do you really need to make out in the market? So everybody that really has any sense realizes that that four and a half percent is just it's they're throwing that at you because they're going to make fifteen, twenty percent on the market.

Right. In whatever investment they can. And that's really the kind of returns that people need to keep up with. What is gold up this year? Gold is up from January.

I think we're at like twenty six, twenty seven percent from this year. And then silver also went on. No, I have a whole thing on silver. Yeah.

One on a bigger on two. But so I think it's what it is, is like, you know, you have people that realize they're starting to open up to the idea that you can't just rely on a 401K. You can't just rely on your employer that you have to have these different assets out there. And so having a self-directed IRA in gold or in real estate, you know, I heard you talking about recently talking about how, you know, the federal government owns so much land and they should sell that land to the states and to individuals.

And that would be a big coup. So I think that there's there's just opportunities out there that that people are looking at and alternative investments, gold, Bitcoin, you know, these these investments that no one was talking about ten years ago are becoming very popular with everyone. Well, and so I want to take a step back and then I want to get into the silver thing because we have silver right here. And silver is interesting because they're usually related, but they're not always correctly related. Correct.

But the principles of what we're living through, it does it doesn't take someone who is overly sophisticated. So when the government controls the money supply and the money supply expands artificially and you have you have there's only so much silver in the world. Right.

And there's only so much gold in circulation. Correct. Correct. So when when there's dollar bills continue to voluminously. Yes.

Then all of a sudden the finite becomes more valuable because then you have more dollar bills chasing fewer goods. Right. Correct.

Yeah. And also you look at and the reason I knew that gold was going to go to twenty three hundred, because if you just look at inflation of other items that we are buying every day, like food and electricity and all these other things that we need and electricity is obviously and energy is obviously very interesting because it does tie into silver. But I think that I knew that we were going to have this ramp of gold and now it's sort of testing.

Once it broke two thousand, that was a real testing point. And I remember in two thousand eight, mid two thousand eight, two thousand nine when gold broke a thousand and everyone was saying, you know, you had these hairy debt and a lot of these guys saying it's going to go back to three hundred and they talking about all these things. But what they didn't realize is that we have this debt that we've accumulated and our GDP growth. We've had we're we've done something we've never done.

And that's why they really couldn't understand it. They couldn't understand that gold could hit these numbers because we've done something. We've expanded the money supply. We've created way too much debt for any country to to live on. I mean, we're at one hundred and twenty percent GDP. We owe far more than what we're worth. Yeah. And so how do you continue to do that?

How do you sustain that? And then now we have this, you know, really predicament of, you know, higher interest rates. And how is the Fed going to try to pull those interest rates down? But they also have a predicament because nobody wants to buy our Treasury bonds. And so if nobody buys our Treasury bonds, the bond prices have to go up. The rates have to go up. They have to be able to.

We need to have these bonds continue to sell. So that's why this year I did think that they were going to lower rates a little bit quicker than they have. But and mostly because I thought they would do it to try to move Biden 100 percent. But they've been skittish on that. They've been skittish because they technically, based on their mandate, they actually can't do it. They cannot.

What meant their own mandate? Well, they have to go back to two percent. Right. So if they lower rates and then inflation goes to five percent, which it would.

Yeah, it would. Then then they're sort of in a bad predicament. And they've done they've gone against what they're supposed to do. Yeah.

If they were to lower rates, the inflation crisis could have gotten worse for Biden. Correct. So absolutely.

They're actually helping Biden by doing nothing. But it doesn't really help because growth is not what it should be. Right. And people can't afford homes. So the ruling class regime is like, well, better to have kind of stagnant growth than I mean, if you get to five percent inflation, you get to really that's a that's a very, very unstable.

Just so we're clear, inflation and monthly rates are still over five percent nationally. It's remarkable. Hey, everybody, Charlie Kirk here for my friends at BestHotGrill.com, who make the amazing Solaire infrared gas grills declare independence from the low heat, low powered gas grills, which in the course of grilling events wear out every couple of years. Secure your rights to juicy steaks and succulent chicken and moist fish, as well as healthy grilled veggies and perfect finishing of sous vide. Pursue grilled happiness with the purchase of a USA made hot fast Solaire infrared gas grill. Solaire is perfect for today's busy lifestyles, securing its powers from the efficient direct heat of the Solaire infrared burner, which reaches 1000 degrees in just three minutes to lock in the juices and flavor and grill food faster and celebrate the freedom of a grill that will consistently produce better than restaurant quality food in your background. A stainless steel welded construction.

It is self evident that Solaire could be the last girl you ever buy. Make grilling great again with Solaire infrared grills. Learn more about these amazing USA made grills at BestHotGrill.com.

That is BestHotGrill.com. You're reading some book right now about World War Two. Oh, yeah, I'm like in a World War Two.

I love I love learning what people are reading. Yeah. We're going to kick on World War Two. Yeah, I'm reading about Rick Atkinson. He did a number of books about World War Two. And, and funny enough, on the ride over here, the gentleman that drove me was a was a veteran.

So we started talking about the book and he served in Vietnam. And yeah, so I'm always just fascinated and World War Two is I've spent probably too long in my life studying and I'm just fascinated about how they did it, how they got how they got from, you know, how they moved all these people from the water and into the land and it was impossible amphibious. It was nature of it is no one had ever done it successfully. And there really wasn't a trial run. I mean, there was no there was training. But there was this open question. Can we actually get the men on the beach?

Yeah, exactly. Because they couldn't paratroop them all in. No, they did. They did some reconnaissance. In Sicily, they wanted to see.

And but they never did it until they did the actual run. And I the part I was just reading about was about General Patton and him and his mania. He was quite an interesting character. But his one of his things that he wanted, he didn't want them firing. He wanted it to be a surprise. He wanted to just Yes.

And his quote was, I want to get on the beach. And I want to stomp on their necks. And that's basically what they really was.

I mean, I'm a believer in God. And I think we both share a belief in the higher power, which is that it was a God thing that the Germans didn't take the warning seriously. Right, right. They were dispatching for approval for reinforcements. They didn't believe that the Western forces would actually hit Normandy, right? They thought it would be what 60 miles up the beach at a different land, right? Yes, they did. Absolutely.

And they also just didn't think it was possible to move that many people and and, and listen, a lot of soldiers perish because it's it's just such an undertaking to get these huge trucks and all this manpower onto the land. But ultimately, some would say it was one of the things that won us the war. Well, and just, you know, we remember D-Day a couple weeks ago, the Battle of Normandy went on for a couple months, because once they hit the beachhead, that then all of a sudden, the Nazis consolidated a ton, a ton of troops, and the street fighting began again. Correct.

And it was basically a mowing field. I mean, the the film Saving Private Ryan does really capture that, I think, better than any other picture. Yeah, absolutely.

Yeah. And it was also a time where it was, you know, people wanted to join, you know, people were were this was a time where actually people did want to do this. And, and they wanted to fight the thing they talk about a lot in this book with Rick as is that they were fighting for their country, but they were fighting for their, their brother, their the person next to him.

That was the that was the main they did surveys. That was the main reason that they wanted to get a fight is they didn't want to let their brother down. And that kind of mentality is why they were the greatest generation. And it's also sort of lost today is that you just don't see.

You don't see that kind of mentality. I'm trying to get people to fill in a mail in ballot, not storm in Normandy Beach. Right. It's not that hard.

No, it's not that hard. That's so deep. Yeah. So let's just talk more macro. You're talking to a lot of everyday investors. Yes. Also big institutional guys, guys that are on hedge fund Wall Street across the board. There seems to be a trend that is now harmonizing amongst high income and low income where we want to go to assets we can touch like silver, right? We want to go to assets like gold, or something where there's only a finite amount.

Is this a growing indictment of the U.S. dollar? Yeah. And I think that it's it's not if it's going to happen, it's sort of when right because you look at the BRICS countries not to go outside this country, but just talk about the BRICS nations are coming together and that coalition is really growing. And they in their October meeting, October 22nd and 24th in Russia, they specifically are going to be discussing how to get away from the de-dollarization, how to create their own currency.

And they've had significant talks about doing it in gold and having gold backed, which would be unbelievable to the market for the gold market. Correct. But in some ways, would they be limiting themselves? I mean, they would have to have awful incredible fiscal discipline. Yeah. Because it's hard to finance wars and hard to finance. Yeah. Again, I think one of the reasons we have such big government and such crazy wars is because we don't have a dollar based currency.

That's the biggest reasons against having a gold backed currency is that it doesn't allow them to finance for war or regulate recessions or do it. But but also limits the size of the state. But is that necessarily a bad thing? I think it's amazing. Yeah.

I mean, I absolutely kind of Jeffersonian, you know, love of small, limited government. Right. I truly believe that the state was able to get. I mean, it's not belief. It's a fact.

Got to huge levels because we destroyed our currency and we decided to open up to currency. Correct. Correct.

You get big government, big war and you get big D.C., six trillion dollar organization, largest organization ever in the history of the world, because we could just print money on demand. Yeah. I just wrote a thing to his book. I said, Colin, you are gold. Isn't that great?

Yeah, I appreciate that. Promo code Charlie at Noble Gold Investments dot com. That is Noble Gold Investments dot com. OK, I want to let's get to silver. What's going on with silver?

Silver. Yes. So we have a shortage of two thousand twenty four shortage, about 17 percent. And it's you know, obviously we have solar panel growth every time, you know, oil price fluctuates. But as you see oil prices start to go up, then people they they want electric cars.

They don't want to. I mean, you can go a million different ways, but it doesn't seem like it's going to get any cheaper oil. And so you're seeing the demand skyrocket in so many industries.

China is obviously doing a tremendous amount of solar panels. And so you have this just tremendous industrial demand and they just can't keep up mining wise. Now, when silver was in the low 20s, I would talk to miners and they would say, we can't sustain mining. And what I'm hearing now is in the high 20s, it's becoming very difficult.

So that's the thing that I always look at. And, you know, early in the show, you said, you know, I predicted with gold and and and I was right about gold. And I think silver is really still low relative to where it was. It's it has broken fifty dollars an ounce twice. It broke in 1983 and it broke in 2011. People remember, you know, a quantitative easing 2009 to 11 and things, you know, the money supply opened up, which I predict.

And I've been saying this for a year and I think I'm late. I do think we're going to see some kind of opening up of the money supply happening soon. I think they'll be so they're in low rates. And I think they're going to either lower rates or they're going to expand in a different way. I think they need to get more money out. They'll just quantitatively ease more. Yes, I do think they're going to do that. They need to they need to get more money out into the market. And so either way you look at it, silver sitting, we don't have a liquidity problem right now. Right.

I know. But but you've got to think industry. They want this. They want the real estate market to move. They want they need more jobs.

Money velocity, I suppose. Exactly. That's exactly what they want. And they need it.

And they need it. So another way that you could do that also fiscally, not monetarily by government, just saying here's universal basic income, which is a really bad idea. Horrible idea.

And so, I mean, in the pandemic, that was your craziest year ever. Right. Right.

The the luxury kind of industry, Louis Vuitton, for example, that's where people spent their money. Right. That was given them by and silver jewelry, actually. Is that right? Silver jewelry from 2020.

I was going to ask. Yeah. Went up over 300 percent.

So, yeah, you're right. Louis Vuitton, makeup, a lot of these items. So people spent the money they got from the government, which you never should have sent, not on stocks or saving money or. Yeah, I mean, 2020 to 2021, we had the lowest debt for about personal debt for about a year.

There was a really good period where people they still bought some stuff, but they really kind of shrunk down. But actually, what they were doing is like you said, they were just taking the government's money and they just kind of put it in a different place, whereas the smart money in that situation should have said like, I'm going to buy Amazon stock or something or I'm going to learn a trade. I'm going to do like, you know, and this is the big thing that I'm excited about when with Trump is that I think the idea and everyone's, you know, pissed about the tariff talk and all this stuff. But ultimately, like getting jobs back to our shore is the thing that will will ride the ship for everybody. That's really the most important thing.

That's because at the end of the day, yes, cost of goods will go up, but wages will go up. And that's and that's the thing that people aren't realizing. Also, here's the thing.

And Trump has floated funding the entire government with tariffs, which, by the way, is the way we used to fund government government for the income tax that if you do, if you do tariffs, if you are the world superpower, which we still are, foreign investment will come into your country. Correct. So they'll just say, OK, we want to do we need to do business in America. We'll just build a plant in Oklahoma. Right.

Or Texas. Exactly. And so the tariff, the tariff structure is dangerous if you are a third world country. But tariffs actually can do a tremendous good for your country if you are the incumbent superpower. Yep. And Trump was really the first president that I can recall that really took this on with China.

Yes. And it was because it's unpopular to wealthy a lot of wealthy business owners. They didn't like that idea. They like the things.

Well, they like cheap capital, but they don't care about the country. Right. Exactly. Yeah. That's the whole thing. And so I think that's really the big. And that's the big idea of what we do at Noble Gold Investments is like the idea of taking back.

And I always talk about this when you see me anywhere. I was talking about like taking back your own control. And a big idea of taking back your own control with an IRA with us is that, you know, people getting gold and silver. And, you know, there's been a lot of people this year that have taken profits that bought gold from me at fourteen hundred dollars an ounce four years ago.

Yes. And they they're going to sell it twenty three hundred and they're going to go into some other investment. And and that's I think gold is going to continue to go up. But like the idea that they can do that and they have that control is really important. The other thing that people don't realize with us is that we're one of the few instruments in the world investments that we don't make a monthly fee. People don't realize how much the fees are in these 401Ks. They don't realize how much is going away. And there's lots of studies about it.

Harvard and a lot of organizations have done it that typical fees in a 401K are anywhere from one to three percent. You know, we just make money when you buy gold from us. That's it. Even when you sell back to us, we don't there's no profit for us. So because I can just take back that gold bar and sell it to somebody else.

Yes. We've structured Noble Gold Investments is that we sell bars at the lowest possible price. We get you into good products. And then when the market's up and you go, hey, you know what, I got to fix the roof or I got to do this.

Guess what? This asset is liquid. People want this asset. They don't want dollars.

And you can feel it and you can touch it. One hundred percent. And the and Noble Gold, you guys are super ethical. There's a lot of other gold companies that are not exactly having great times right now. And you guys continue to be on the straight and narrow.

Yeah. And the reason a lot of our competitors are having problems is because they charge outrageous commissions. And now people see the price of gold at twenty three hundred. They go, well, I got to be in profit now.

And guess what? A lot of these people are not because they went with a company that was selling them a commemorative coin. They promised them free gold, like a lot, you know, ten thousand, twenty thousand dollars in free gold and silver.

It's like, well, well, how do you think that happens? It's because they're charging these fees. We don't do that. We sell bullion coins and bars. That's what we sell. Hey, everybody, Charlie Kirk here, can't pay the IRS, haven't filed in a while receiving threatening letters. Yeah, it's about to get even worse. The IRS is hiring an army of agents targeting hardworking Americans just like you.

You need warriors on your side. You need Tax Network USA. Tax Network USA has a brilliant strategy to solve your IRS problem quickly in your favor. For instance, they discovered a limited time special offer that the IRS is willing to waive one billion dollars in penalties.

Find out if you qualify before it's too late. Never call the IRS alone. Let Tax Network USA attorneys handle it. They have preferred direct lines to the IRS.

They know which agents to work with and which to avoid. They resolved over one billion dollars in tax debts and offer a best in class guarantee. Schedule your free consultation now. Call 1-800-2468-6000. That is 1-800-2468-6000 or visit TNUSA.com slash Charlie. That is TNUSA.com slash Charlie.

TNUSA.com slash Charlie. So I want to play a piece of tape here. This is one of Joe. This is Joe Biden's chief economic advisor. This guy, he runs the economy for the Biden administration.

Let's watch together, play cut 85. The U.S. government can't go bankrupt because we can print our own money. Like you said, they print the dollar. So why, why does the government even borrow?

Well, um, the, uh, so the, I mean, again, some of this stuff gets some of the language that the M&M, some of the language and concepts are just confusing. I mean, the government definitely prints money and it definitely lends that money, which is why the government definitely prints money. And then it lends that money by, uh, by selling bonds. Uh, is that what they do? They, they, um, they, yeah, they, they, um, they sell bonds. Yeah. They sell bonds, right?

Since they sell bonds and people buy the bonds and lend them the money. Yeah. Oh, it continues again. This guy is the chief economic economist. He is the head of the United States council of economic advisors. He is a senior fellow at the center on budget policy priorities, and he can't tell you how the government is financed.

Continue play cut 86. A lot of times, a lot of times, at least to my year with MMT, the language and the concepts can be kind of unnecessarily confusing, but there is no question that the government prints money. And then it uses that money to, um, uh, uh, so, um, yeah, I guess I'm just, I don't, I can't really talk. I don't, I don't get it.

I don't know what they're talking about. Like, cause it's like the government clearly prints money. It does it all the time and it clearly borrows. Otherwise we wouldn't be having this debt and deficit conversation. So I don't think there's anything confusing there. So just to be clear, I thought that was AI.

When I first saw it, I thought it was a deep faith. This is Jared Bernstein, who again, it's not like he's some random intern. This guy is the chair of the entire American economic strategy, chief economist, and economic policy advisor. And he is the chair of the economic advisory council.

Your reaction column. These are the people that want to make economic decisions for your family. Yeah. I mean, I think a lot of it comes down to just, it's pretty simple. It's debt versus GDP growth as a country. And how do we increase that GDP growth and how do we get a growth wage growth growth? And it was what we talked about earlier is that the way you fix a wage group is, is you bring more manufacturing back here, which is what we're talking about.

Or you create tariffs that make it expensive and we get a piece of the action. So it's not just shipping jobs over. And I think the idea of people focusing on US owned companies and spending money here and really, which is what we are. We've always been a US based company. We hire here. We're not, you know, a lot of companies I see out there, they're hiring talent and all over the world. And I believe that every dollar I spend with an employee here comes back. Right. And so the big picture of what he's confused about is a lot of it is, is that we're in such tremendous amount of debt.

We don't have a choice. I mean, once we went off the gold standard, once the dollar wasn't pegged by gold anymore, it's just been an absolute printing press. And so, yeah, there has been a lot of wealth that's been created in a smaller amount of people. But ultimately, to get money back to the middle class in the right way is that we have to focus on bringing the right kind of jobs here, not government jobs, like the right kind of private sector jobs.

And that and the way that you do that is you make things again. And so talking to a lot of business owners and people that are trying to preserve their wealth, inflation is a primary concern on people's minds. Would you agree? Yeah.

Yeah. And that inflation is a choice and we are choosing to engage in inflation and even hyperinflation. So what is then your prediction for gold and silver? Well, also, I would say like the Inflation Reduction Act has actually made inflation worse.

Go figure. You know, I think I look at gold and silver and I look at, you know, I always look at five to seven years. And so I'm looking really at 2030 as a really interesting time for us. And I know we will have gains before that time period.

But I look at where we're going in with the next president and what could potentially happen. And I think that if you believe that gold and silver will be items that are continued to use in industry, if you believe that countries will back currencies by gold, Zimbabwe did it. They did it. Now, Zimbabwe is sort of a joke in terms of currencies. Has it stabilized their currency?

Not yet. But the ZIG, they've backed it by 580 million dollars in gold. So because obviously they had the heaviest inflation currency in the world. If you believe that countries are going to do that, if you believe that we will continue to use silver and everything that we're using here today, then you have to look at what's the possible trajectory.

And I and I look at that compared to debt. And if you look at 1983 when gold hit $900 an ounce and you look at today's price and you just look at the charts of how things have gone up from 1983 to today, I think you can make a very strong argument that gold could be three to six times higher by 2030. And I think silver will make a very strong argument to break $100 an ounce. I think that the mining cost is so expensive now. You know, Mexico has said they cannot continue to mine. There's been silver mines that even with the price going up that have closed because they can't afford it at the price. Right. Ultimately, they have to make a profit.

So even at $29 and some change, they believe it's still it's not a profitable endeavor, which means eventually it will become profitable because it will be if these mines shut down, then the price will correct. Absolutely. There'll be limited supply. Yeah, absolutely. So I think the future is bright. And I think that it's getting away. I don't think you should have all your money and assets that are managed with heavy fees. And I definitely think having too much money in the banks is even with this fool's gold of four and a half percent, I think people will look back and realize that the four and a half percent based on inflation probably being nine or 10 percent or maybe higher, that they could have made much more in something else. So much more to discuss here economically. Stock market seems a little more fragile than they ever want to lead you on to believe. Yeah. And so how has gold and silver done versus the market? It's definitely outperformed the S&P, which has been I mean, by the way, let me rephrase that.

How is it done outside of any averages when you don't include the five biggest stocks? Oh, then, yeah, I wish I had that number for it, but that would be destroyed. Yeah.

And I know the number. So so far, without the five biggest stocks, the market's up 0.3 percent. Oh, OK. And so, yeah, we're like in the high 20s. So, yeah, we've done we've done so. But literally, I hope everyone understands the stock market is being driven by five companies. That's an oligarchy. That's an oligopoly.

That is not free market capitalism. Yeah. Yeah.

And not everyone's 401K or their mutual fund is going to have those. Maybe it hasn't now, but they've already the gross already been in there. Right. So that's something to think about, too. But yeah, I mean, I think that's what it is, is that people are getting more comfortable with the idea. You know, it's sort of an old school investment, Charlie, in that the idea that not everything is somewhere else, the idea that you actually own something by yourself is is becoming more in fashion now. And I think that because if you think about everything else, someone owns a piece of everything else that you kind of own from your house, the bank owns some the government's doing heavy taxes every time you do so. You know, people think real estate is such a great investment and it can be long term.

But, you know, anytime you fix your house, there's fees, you know, there's property taxes, property, heavy property. So, you know, and then you have the stock market. You just own a share of a company, right? You don't own it yourself. So the idea with us that you could own something by yourself, you're in control of it. You can store it on your own or if you want us to store it in a segregated place. I'm going to be out in Texas, actually, next month. Is that where you store a lot of it?

We store a lot out in Dallas. So I do I do a blind audit where I'll take a few hundred accounts and I'll spend two days and basically open up the boxes. Does it always correlate? It always correlates. Yeah. I always joke with them, like, oh, there's like three extra gold ounces here with the guys in the vault. They don't think that's funny. I think that's a great joke. I've said that for the last like 10 years. But it's good for them.

They're every time. And you have full audit rights, full audit rights, and you just randomly pick 200 accounts. I give them so the day before I show up, I give them like three or four hundred accounts. So I don't even want them to know because I'm going to be there the next day. Right.

I don't want any. And then what I do is if it's the way they do with gold is they shrink wrap it. So then it won't it won't be open.

I actually have to open it up myself and then I'll go through. And there's no way they can manipulate. There's no way they can. And also, our depository also gets audited by their insurance company, too. Oh, good. So a lot of times it'll be like they just did an audit a month or two ago and then I'm just doing it. But you could choose to have the gold delivered to you. Of course, absolutely. And some people do that. But you better have good security. I mean, you better.

Yeah. I mean, it's like, you know, people that are retired or traveling and so they don't always feel comfortable. And so, you know, it's something, you know, I've I've we've sent people millions and millions and millions of dollars and sometimes they don't want to have it. So we'll store it. And it's the fees that we do are all it's all insured.

It's all segregated. You know, that's the thing you have to watch out for, too. Some of these brinks and some of these vaults, they commingle stuff. And that's like the worst thing that you could ever have is like commingled metals.

And I'm not just saying. There might be some horror stories. There is some you know, there's a depository in Delaware that that went out of business recently that that said they had gold and silver and nobody was doing audits or checks.

And unfortunately, they had like, I think, 50 percent of what they should have. People can go to jail for that. People. Yeah.

The guy that owned that organization will go to jail. So that's why that's why even though I trust the company, we were for, you know, trust but verify. And so I go and I do audits a few times a year and I just I want to get my hands on. And also, frankly, it's it's a blast. I love I love doing it.

I love seeing it. And then what I'll do is I'll send a note to those people and just say I did an audit. So I did personally. They probably appreciate that. Yeah, they do. Yeah. Yeah. Yeah. So it's noblegoldinvestments.com promo code Charlie.

That is noblegoldinvestments.com promo code Charlie. And you guys also have commemorative coins, too. Is that correct?

Yeah, we did. Tell me about the gold IRA. Yeah. So an IRA, any old 401K for people left, everyone's left a job.

You might have an old account. You know, it's really for someone that's looking to get out of stocks or maybe a few accounts. So you want to get into something tangible. And people say, well, once I get into gold, can I get out? You can.

Absolutely. But if you feel like gold is something that you'd like to learn about, you know, call us, use the promo code. We also have a master class that we put together with Kevin Sorbo, our friend. That's great. So we have that if you want to watch videos, 40 minutes of videos.

He talks about the process. So anyone that's looking to learn, I'd say it's a great time to get educated. It's the summer.

It's a little slower. Maybe you got a little bit more time, but don't put your head in the sand. That's what I would say.

Yes. You know, you really got to you have to take control of your own destiny. It's where I get all my gold and silver from noblegoldinvestments.com promo code Charlie. Colin, I hope you guys have a great year and I hopefully not too good of a 2025.

So what do you mean? Because if Trump doesn't win, you're going to have the best year in the history of Noble Gold Investment. He's going to win.

I would guarantee it. Noblegoldinvestments.com promo code Charlie. Colin, thanks so much. Thank you. Thanks so much for listening, everybody. Email us as always. Freedom at CharlieKirk.com. Thank you so much for listening and God bless. For more on many of these stories and news you can trust, go to CharlieKirk.com.