#44 - Buy, Track and Sell Precious Metals with Everlasting Wealth

[00:00:00] The information contained herein is intended to help the viewer successfully navigate common IRS and Department of Labor requirements to help achieve successful results from their IRA. The information is not intended to replace information from your legal counsel or income tax professional. IRA Club does not offer or sell any investment. All investments have risk.

[00:00:17] This is the Investor's Row Podcast powered by the IRA Club. Alternative investing reimagined. Whether you're a seasoned investor or just getting started, we're here to empower you to take control of your financial future and unlock the power of your self-directed retirement accounts. Let's get started.

[00:00:35] Hey, welcome back to Investors Row Podcast. I'm Mandy with the IRA Club and today we are talking about an investment that I think a lot of people are very curious about. Precious metals. Gold and silver have obviously been around for a really long time, but with everything happening in the economy, the inflation, we can't get away from the TV screen and all the news that comes barreling our direction.

[00:01:00] We want to know a little bit more detail. We want to know a little bit more detail. And so we have the expert Jeremy Blossom here from Everlasting Wealth to kind of give us this space, a little bit more understanding, a little more clarity. And I'm excited. Jeremy and I have known each other for years. We've spoken at events together. We're good friends. So I'm really excited to do this podcast with you today. Yeah, I'm so happy to be here. Thanks for having me, Mandy.

[00:01:24] Absolutely. Absolutely. Absolutely. So give us the background. Tell us the story. How did Everlasting Wealth get started? Yeah, so I have been a part of the precious metals space in one way or another since 2004. I got really lucky when I was in college where I got an internship at a commodity trading advisory firm. It's also known as a hedge fund.

[00:01:48] And I got my first kind of inkling of what the precious metals markets were like back then in the futures paper market. And I went on and left that firm after seven years and became a financial advisor for three years. And then I got into, I got the entrepreneurial bug and got into the marketing and technology space.

[00:02:13] And while I was in that space, I met two founders of another precious metals company who kind of brought the physical side of precious metals away from ETFs and futures that I had been accustomed to. And I really fell in love with the whole concept of your property. Like you actually own these metals. They're yours versus a paper promise on something.

[00:02:40] And so I helped that company grow to be a well over $100 million a year business and got a front row seat on the entire precious metal space. And so in 2023, I wanted to take a different turn in my life and take all the information I knew about the industry and try to do something different and refreshing.

[00:03:06] So I created what I think is the world's most powerful gold IRA platform where people can own physical precious metals using retirement accounts. They can also own it individually. But it's been something that if you would have asked me 15 years ago, would I see myself in this space? I'd say probably not. But like most gold and silver investors, gold finds you. Once you get it and you understand the concept of it, which I'm sure we're going to dive into here today, it's hard to deny.

[00:03:35] It's hard to say, why wouldn't I do this? And then once you start, it becomes a passion real quick. So yeah, so I founded the company in 2023. And we've been building, growing and trying to do it, do the right thing the right way. Because as you know, Mandy, when it comes to investing, you can do the right thing the wrong way. And that's what we're trying to educate people on is not to do something the wrong way. Do it a smart and easy way, which is what Everlasting Wealth is about.

[00:04:06] Yeah, I love that. I started out as a financial advisor and wanted something that was a little more transparent, a little more tangible. So I know that you and I have talked about that before in the past. It's just so important that people have options and the ability. So I moved away from that financial advisor as well. So it's kind of fun, kind of fun. All right. So let's start super basic. Let's give people an idea. Why precious metals? Like why is that a good investment? You know, what's the point here?

[00:04:35] So the reason why precious metals have been around for over 5,000 years is because it has this thing called intrinsic value. Meaning it's always going to be worth something. Gold for centuries have been considered the ultimate form of money. And that's just never going to change.

[00:04:55] If you really look back, and I won't give you a whole history lesson of gold, but like if you go back and you look, every civilization around the globe, every different language has had gold and silver as a form of money. And I think that's just kind of interesting and fascinating that, you know, this is before technology, before they can all talk to each other on their own. These civilizations classify this as money, and it has been and still is money today. In fact, we believe that gold is money and everything else is just credit against gold.

[00:05:23] And that was what this country was founded on all the way up until 1971. But the reason why most people are owning and wanting to invest and diversify using gold is because it retains its value. It's in demand. You can't print it like you can money. And so it becomes a safe haven asset class in a very volatile paper.

[00:05:49] I'll keep using that word and I'll explain later what that means, but in the paper markets or paper asset classes. Yeah. Yeah. And with all of the news and inflation and things that are going on, it's nice to be able to talk about something that's tangible and real. Absolutely. Okay. Yeah. Inflation front, just on that point, like there's why people invest in it as far as like the, you know, for centuries, why they've done it. But then there's why now.

[00:06:14] And I think like there's over $40 trillion in debt we have as a country. $40 trillion. Our interest payment now is over $1 trillion every single year. That's about $3.7 billion a day in just interest. It's more than our defense budget. And so when someone hears that, how does this like resonate as an investor? Well, when they're printing money, that means that there's more supply of it.

[00:06:42] And there's more supply of it chasing goods and services. The prices of those goods and services go up. This is inflation. That's what inflation means is that there's more dollars chasing the same or fewer goods and services. So therefore the prices go up on that. And this inflation is what most investors don't realize until it's too late is the number one killer of your wealth because it erodes your purchasing power. The thing that you work so hard to do.

[00:07:11] Well, gold is kind of the elixir. It's kind of the cure for inflation because it's the ultimate form of money. When they print more dollars and dollar goes down, gold prices go up. And so right now as people are looking at their Netflix bills, their insurance bills, their mortgage rates, coffee, and all of these things are going up in price and their dollar isn't going as far, they start to wonder, okay, well, what kind of impact is this going to be?

[00:07:41] If they're smart, they're thinking, what kind of impact is this going to have on my portfolio in 10 years or 20 years? Right. And you don't have to go very far to find that gold has been and still will be one of the best solutions to fight inflation and protect your wealth. Okay. Well, we say precious metals and then we're talking a lot about gold. So tell me about gold versus silver and some of those other precious metals that we're referring to. Yeah.

[00:08:10] So the four major precious metals are gold, silver, platinum, and palladium. Gold is like I like to call it the blue chip stock of the precious metals. It's the tried and true. And central banks are buying it at record amounts. So for the last five, now six years, central banks around the world are buying gold. And what they're not buying is U.S. treasuries. So much so that gold has now become the world's reserve asset class.

[00:08:36] Because central banks own more gold than they do any other asset class, which is a huge indicator of what's to come, in my opinion. And so when it comes to preserving new wealth, a lot of people go to gold. But silver is both a precious metals and an industrial metal. Same goes with platinum and palladium. They have dual uses for them. Silver specifically is very interesting. And it's interesting because of how much industrial demand there is for it, specifically with solar panels.

[00:09:06] AI data centers, your Tesla cars, all the new Tesla robots, and so many more. Because it's an amazing conductor of electricity. So that's why solar panels use it and so many other industries are using it as well. But what makes silver so enticing from an investor standpoint is that we're at a six-year deficit in silver supplies. And so the United States in 2025 made it a strategic mineral or an asset.

[00:09:36] So they put it on their strategic reserve list. And that, too, indicates that they're going to protect it and make sure that we always have a certain amount of it. So as an investor, people are looking at the writing on the wall and they're like, wait a second. They're going to make sure there's always a hoarding, basically, of silver for our country. China did the same thing. Many of the sovereign nations out there started doing the same thing as acquiring more and more silver with the six-year deficit for it.

[00:10:02] And economics teaches us that if there's a lot of demand and low supply, what happens to the price? The price goes up. Now, platinum and palladium are really, really close to one another as far as like what they're made up of and often found together, too. And they're used for a lot of the SpaceX issues because platinum, it's in catalytic converters, for example. Platinum and palladium are in catalytic converters because it can withstand high degrees of temperature and different types of esthetic acids.

[00:10:32] And the things that come from exhaust, for example, won't deteriorate or cause it to erode. And so platinum is also used on a very high industrial demand basis. And so when you're looking at the precious metals landscape, most investors start with their interest in gold. But by the time they understand the different qualities and reasons to own platinum and palladium and gold, they build a full portfolio, what I call a diversified precious metals portfolio,

[00:11:01] where it's gold, silver, platinum and palladium. And the percentages of how much they allocate is always individual, right? It's under what they are looking to do. But if they're looking for more growth oriented, they'll have more silver and platinum. It's really, really interesting right now. Gold prices are right around $4,300 based on when we're recording this. And platinum is under $2,000 an ounce, right?

[00:11:27] Well, when you think of the Grammys, you're thinking of platinum, gold and platinum record. Well, they had platinum above gold because forever platinum prices were more expensive than gold. And that switched because the demand for gold has gone up so much since 2011. Really, it started in 2008, but it's gone up so much. Well, we believe that eventually platinum prices will go back above gold prices, that this is a temporary surge of gold demand,

[00:11:54] that once the central banks have got the amount of gold that they want, we'll start to see normalized pricing, which will send platinum prices higher. This is just an opinion, of course. It's not a guarantee at all. But that's what makes platinum and palladium such an interesting play. They're like your undervalued stocks. Your silver is your growth stocks and your gold is your blue chip. Okay. I like how you're saying that it's an opinion, but yet you're an expert and have been in the field forever. So a good thing to listen to.

[00:12:22] Explain a little more in detail why we would care that the central banks are buying up so much gold. Why would that interest us? Well, the reason you got to ask yourself is, well, why? Right? So what do the central banks do? The central banks make sure that banks have enough money to lend. That's their job is they will make money and they will keep the checks and balances to make sure that money, the flow of money is done appropriately.

[00:12:49] And what they have done for since 1981, basically, is they've been hoarding dollars. So they've been holding on to dollars as their reserve currency. And that was basically mandated that that's all they could own is treasuries, okay? Different types of U.S. treasuries and dollars because dollars is the world's reserve currency, right? So that's what they would be able to own. Well, after the 2008 financial crisis, the rest of the world started to notice that, wow,

[00:13:19] we've got a lot of dependency here on the dollar. And we've started to abuse the dollar by creating sanctions during the Ukraine-Russian war. We've had a lot of sanctions. So we've started to abuse our power with the dollar. So more and more countries have said, well, I don't want to hold the dollar. What else can I hold? Well, there was a mandate change. And it's called the Basel III Act, which allows banks to own gold.

[00:13:45] And as far as lending goes, it's treated as safe as a dollar or as safe as U.S. treasuries. So they can go ahead and own gold and lend on that gold, just like they would lend money out on the dollars that they would have, right? They can lend against it. So the bonds that they would have as their strategic reserve asset. Well, again, central banks can't control how much the U.S. prints money. They can't.

[00:14:12] So the dollar has been going down in value and they're holding on to something that's losing value. So what they've decided to do is they took advantage of the Basel III Act and they're buying gold instead of holding dollars and they're buying gold instead of the U.S. treasury. And the reason is, is because the U.S. has got a money printing or debt addiction that there is no end in sight at all. And the writing's on the wall. The central banks are the A players. They're the smartest in the room.

[00:14:42] They're the ones that literally make the rules for their own economies. And so everybody, when they hear that central banks are buying it, it's like the inside of the inside of the inside trader saying, I'm going to do something. Wouldn't you do it too? Right? Like if you knew that without a doubt, every single executive at a big famous company was buying and mortgaging their house and selling cars just to buy more of their stock. And they kept doing it year after year, quarter after quarter.

[00:15:12] And their stock continues to go up in price. Wouldn't you be like, oh, maybe I should probably buy some too? Two, that's the idea behind the central banks and why I think it's so compelling is that they can own anything that they want. They could do anything that they want. Yet they're choosing not to own dollars and own gold instead or not own treasuries and own gold instead. And that's enough for me. But, you know, that's my opinion.

[00:15:36] So one criticism that I hear a lot is that gold doesn't pay dividends or it doesn't generate interest. So what are your thoughts on that and how would you respond to that? Yeah, that's the number one thing I hear as well when people are kind of just dismissing it as an asset class in general. But the people have to understand is that the U.S. Treasury also produces an interest, but the value of it goes down.

[00:16:01] Just because something produces an interest or a dividend doesn't make it a better or worse investment. When we are approaching building out a precious metals portfolio for someone, that's not an investment portfolio. It's just what types of metals they want to own for what their goal is. And anyone who's listening to this right now has to approach anything that they're going to put their money into as what is their goal? What's their why? What are they hoping that gold is going to do for them?

[00:16:31] And then they're going to make their investment decision based off of that. If they go into something because it has to have an interest or it has to have a payment and that could be true, but never even get close to meeting their goals. I'll give you another example with annuities. OK, so annuities can be fantastic investments. OK, if that's your goal of of what the annuity can provide for you. But there's some big drawbacks, for example, long lockup periods and high commissions and things like that and and not so great investment options inside the annuity.

[00:17:01] And there's all these different things. Right. So for some people, annuity makes all the sense in the world. And for others, it makes absolutely no sense because your own individual priorities are different.

[00:17:13] If you're looking for a safe haven, diversified asset protection of some sort of a wealth insurance against all of the craziness happening in the world today, gold is the most liquid physical asset class in the world and tends to perform well during times of crisis, inflation, stock market downturns, economic downturns because it's a safe haven asset.

[00:17:40] If that's your goal for it, then that's what you should look at. Right. If you're looking for the highest income, you know, highest yield investment of all time, of course, gold's not going to make it on your radar. But most people that I've been doing business with and as of when I was a financial advisor, I'm not one now. No one's looking at their portfolio like that.

[00:18:03] They have portions of their portfolio where they're looking for income and portions of the portfolio that are safe and in safe haven assets. Some are in growth oriented with different objective, different goal to create an overall portfolio that suits their individual needs. I love that because that's the first question. When I sit down with a new client, that's the first question I ask. And I think you guys do too.

[00:18:26] And I think it's so important to recognize that the first statement out of your mouth shouldn't be you have to do this or you have to do this. The first statement out of your and I's mouth should be what's your goal? What are you trying to accomplish? How can we get that? I also think it's super important to mention that we're never advocating every last dollar into one asset class. We're advocating safety and diversity and getting our money to meet the goals that we have. And most people don't just have a single goal.

[00:18:56] They've got some goals that are shorter term, medium term and long term. I love that. I've heard you speak and I've heard your coworkers speak. And the first question is, well, what is your goal? What are you trying to accomplish? And that is such an important piece to hear and recognize as anyone's trying to find their next investment class.

[00:19:18] So, we got to transition a little bit into IRAs and how that is possible and why we can do this inside of a retirement account as well as with cash. Do you want to start that and kind of talk about our connection a little bit? Yeah, absolutely. Absolutely. So, at Everlasting Wealth, we have two strategies that people can implement. One is what we call a direct delivery strategy where you can buy, we have over 3,000 products.

[00:19:42] You can buy any one of those products that you want and we will ship it to you or wherever you would like to store your metals on your own. Okay? And that's a nice big part of our business. But the biggest part of our business and, in fact, what we're all about is that a lot of people don't understand this or know this, but you can actually hold and own physical precious metals using your retirement account. Now, the term for that is a gold IRA, but that means you can have platinum in there and silver.

[00:20:11] It's really a precious metals IRA, but like what most commonly called a gold IRA where you can own gold, silver, platinum, and palladium. And so, what we do at Everlasting Wealth is we partner with the IRA Club. And what the IRA Club does is they implement the – and you guys all know this probably because you're listening to this – but is the most powerful investment vehicle I think ever created, ever created,

[00:20:35] because it allows you to take advantage of the tax-deferred laws that we've created for retirement accounts, which are essential to growing wealth. Taxes kill us all. But if you can defer them, then great. You should do that, right? That's a very, very sound strategy to do. So, you use a self-directed IRA. That's what this vehicle is called.

[00:20:55] And it allows you to do really interesting things that a traditional retirement account at one of the big houses doesn't allow you to do, okay? They want you to own what they can sell you. They want you – they want to keep you what they call captive in their little house, and they only want to show you what's in their house. They don't want you to look outside. They don't want you to know what the neighborhood is. They definitely don't want you to know what's on their next town over because they want all your money in that one place, right? And they're very much incentivized to do that.

[00:21:24] And both you and I, Mandy, saw that firsthand when we were financial advisors. That was the big veil that was lifted. I got to go and look at the – if you've ever been to a hotel and you see all the beautiful rooms, but somehow you find yourself in a corridor that looks like a – it's got white cinder block walls, and it just looks really, really harsh and cold and dark, you know? That always has a smell. Yeah, it's the kind of smell. That's like the underbelly of a hotel where you have these beautiful hotels or a stadium.

[00:21:52] You know, you're walking through the bottom parts of a stadium and nothing looks fancy. That is what we got to experience as a financial advisor, what the backside of the financial world looks like. And so people just are like, you know, they're just uneducated or they just don't know that there is a way for them to bypass all of this kind of – let's call it funny business, business that makes them more money, and have your own control.

[00:22:18] You take power over what you have worked so hard for, and you get to determine what it is, hence the word self-directed. So what we do is once you've got a self-directed IRA account established with the IRA club, you can go and take a percentage of that and put it into physical precious metals. And that's the partnership, and that's the magic. And here's the coolest part. If you own stocks and precious metals, which Mandy said it already, but I completely agree.

[00:22:47] No, nobody should put 100% of anything into anything. I mean, I can't tell you what to do, but man, you've got to be pretty darn convinced on something, right? Like you must know something that I don't. And if that's the case, shoot me an email for what you're doing. Because that's pretty aggressive, right? That's very, very aggressive. And that's not what we're about. Or just about the risk-reward ratios on things, making sure that you've got the highest reward with the lowest risk.

[00:23:13] Okay, so what you can do is you can own a stock, right? And when you have to take a distribution, okay, it's called an RMD, you have to take this distribution, the IRS is going to say, hey, go sell that stock and pay me, pay your taxes, and then you've got to take a little bit of that out of your 401k. They just make you do it, okay? Okay, here's what's so cool is that when you own physical precious metals, you can get your metals shipped to you.

[00:23:42] You can take delivery. Instead of getting cash that you would get from selling your stock, you would actually get a physical metal that you purchased that's your property that's been sitting there waiting for you to take distributions. Now, do you need to pay taxes? Yes, of course. You're going to pay taxes on that, okay? This is not a tax loophole at all. But what it's doing, though, is that it's allowing you to take advantage of the reason

[00:24:08] why you did it in the first place is you have money outside of the financial system that's diversified. It's in a safe haven asset that you then get to take delivery of it. And what 73-plus-year-old person out there that's been building their nest egg for 40 years and hopes to be around for another 10 to 20 years wouldn't want a piece of this protection that they can

[00:24:31] now own at their house or have it as part of their legacy plan, which so many clients love this part of it. So precious metals, because it's physical and the IRS laws around it and what you can do with the IRA club, for me, it just creates one of the most compelling ways to diversify and fortify your wealth is with this strategy known as a gold IRA. Nice, nice.

[00:24:59] And just to jump in a little bit, and you can just chalk this up to that I was a high school teacher for 13 years, 15 years or something before this. And so just for the listeners that maybe just need that clarification, an IRA is a federal product. So a gold IRA or an IRA at Fidelity or somebody, they call it crypto IRA, those are all the exact same product. It is just having an administrator that will allow you to do certain things with it.

[00:25:26] So when they say gold IRA, it's not a new Fandangle product. It's just an IRA that has an administrator like the IRA club that allows you to purchase gold. And that is honestly the number one thing that I hear full time from clients when I sit down and meet with them is that I didn't know you could do this. Yeah, the IRS allows you to open a self-directed, which is just an industry term, which means that you control where those dollars go. And when you want to take those dollars and invest them into gold, silver, precious metals,

[00:25:56] you have the ability to do that. So I love that you said this is not a loophole or a tax loophole. There's nothing crazy going on here. You're allowed by the IRS to do this. You're allowed to take control of those dollars. The IRA club is around to make sure that we do it compliantly. You're the asset class that people can now purchase and the partnership. I love how you said that it is absolutely magic. So I know we've got other precious metal companies out there.

[00:26:25] Why should we work with you? What makes you guys awesome other than you, of course? You're too kind. So we've been building everlasting wealth to be different since day one. And there are some, unfortunately, bad actors like there are in every industry. And the first thing that everybody who's listening that's interested in owning physical precious metals and they're going to work with a dealer, the number one question that they need to ask is what are your premiums?

[00:26:52] Premiums are how precious metals dealers make their money. So we have the wholesale price of gold. And it's very close to the spot price of gold. So let's call gold at, for easy math, at $4,000 an ounce, okay? And you'll see a gold coin selling for $4,400 an ounce. That $400 above spot is the premium that you're paying for that coin, which includes what

[00:27:21] the wholesaler had to pay for that coin, all the shipping, logistics, insurance, everything gets baked into that price. Just like when you buy a pair of shoes, you've got the wholesale price of shoes and then you got like what you pay retail price for shoes. The problem with the precious metal space is that there are dealers out there who just have a sales rep calling people about gold and the person on the other line doesn't know to ask that question.

[00:27:47] Well, how much premium are you charging me on these coins? So one of the things that we do here at Everlasting Wealth is we tell you exactly what we make on every single coin bar that we ever sell, number one. Number two is we have a 9.9% premium guarantee. So there are online retail, meaning like I'll give you JM Bullion, for example, well-known, reputable business, great business.

[00:28:14] They're selling silver coins right now above 9.9% premium, meaning like they're making more than 9.9% on those silver coins. I know this because I know what the wholesale prices are for this. Well, even though we could have a price that's just the same as a retail discount price like Costco, we will never charge more than 9.9%. That's our guarantee and our promise for all of our clients. So I don't know of anyone. There may be someone out there. I don't know of anybody putting these guarantees out there that they're not going to do that. That's a major differentiator.

[00:28:43] The other issue with the precious metals space, it's been around forever, but no one's come in there and made it like a Robin Hood, if you will, where you can see and track the value of your portfolio in real time. What I encourage everyone to do is head over to our website, everlastingwealth.com, and join for free and log in and see our state-of-the-art platform. We believe it's the world's most powerful precious metals platform because what we allow

[00:29:11] everyone to do for free is track the value of their metals in real time. So as the prices are fluctuating, what you own in your portfolio, or maybe that you own at your house that you bought from us, you can see the value of that. You can also build out portfolios using our tool and we'll track the value of those different portfolios. You can sell back to us with the click of a button on the positions that you have. And we work seamlessly with the IRA club so that the funds that you get with the IRA club

[00:29:40] and that you purchase your metals with, you'll be able to see those funds and the value of what you use those funds for inside of our platform. And so those are some of the main big reasons why people love everlasting wealth and why we're making such a big name for ourselves these days is because I don't know of any other company doing these types of things. Everything we do is like, what would I wish I had when I'm owning this, which I own plenty, but what would I have?

[00:30:05] And no one else is doing this because they're in old business models where you buy a couple coins, you make your premium on it, and you never hear from the guy again. We want to create a lot of value in everything that we do. So the platform and the membership is free for life. There's never any charge for it. There's no ongoing stuff. But you make only, the only time we ever make any money is anytime you actually buy your precious metals from us. That's when we make money. And that's it for the life of your account. Cool.

[00:30:34] I think that's the other great partnership that we have is the transparency and the tech forward. We just, I know Ramez loves that about your company and loves that you can get online and see what you can do. And we're always striving for that piece as well. Tell me a little bit about the future. What do you think is going to happen here? Do you have any predictions? I do. But I think everybody does. I think we all can agree to this. If you're listening to this right now, ask yourself, do you think that the United States

[00:31:02] is going to be more in debt in the next 10 years than we are today? The answer is yes. We think so, right? We're going to be taking on more debt. Do we think that we're going to be printing more money between now and the next 10 years? Yes, I think we're going to be printing more money. I think it's unanimous that every listener here thinks that there's no solution for money spending, right? And there's no solution for printing more money to get us out of the problem that we have.

[00:31:28] We can raise taxes to get out of this issue that we have, which no politician is going to go and risk their career on, let's go raise taxes by 40% to pay that. We can cut back on expenses. Every politician promises it, but once they get to office, none of them want to cut expenses because they want to be reelected. So they don't cut expenses. So the third option has been the most popular option since Greenspan back in 1999 after the dot-com bubble took office.

[00:31:54] The number three option, the door number three is, all right, we'll just print more money and we'll kick the can down the road. If you believe that that's going to be the strategy that we're going to implement as a country, which by the way, every other nation on earth for the most part is doing a similar version of what we're doing. So this isn't revolutionary and it's not new. In the Roman Empire days, they did the same thing. The word for what we're doing is called debasement. That's the word.

[00:32:24] And a lot of people get de-dollarization and debasement confused. Debasement is when we add more and more and dilute the value of our currency more and more and more. In Roman times, the first, I forget whether it was denarii, I think is what it was. A coin was a denarii, I think. For history buffs out there, I apologize if I'm a little off on this. But let's say that that was like 97% silver, the first denarii. Their first Roman Empire coin was 97% silver.

[00:32:50] By the time the Roman Empire collapsed, it was less than 3% silver. That's debasement. The value of a denarii back then, denarii would buy you something. It would take you a lot more of those because that had a lot less silver in it for you to go buy something. That is debasement. And here's what a lot of people don't understand. When we went up to gold standard in 1971, we've seen housing prices go up. We've seen the stock market go up.

[00:33:18] Did we really see the value of it go up or what it's denominated go down? Everything is denominated in dollars. The value of the dollar has lost 99% of its value since the Federal Reserve was created. 99% of it. We've lost 50% of its value since the turn of the century. So for my prediction's sake, it's not really a prediction as much as it is like, do we all think that the value of our dollar is going to continue to go down? Well, yes, we do.

[00:33:47] We think that's going to go down. So what do you do about it? Well, we're seeing it play out for the last 26 years. I think it's going to play out again. You have to own assets, be an owner of assets. Our society will be split up into two groups, owners of assets and everybody else. So you need to own assets. If you're looking for an asset that has been proven over 5,000 years to retain its value

[00:34:15] or go up when we have debasement happening, it is precious metals. That's exactly what I think is going to happen is that we're going to see continued debasement at rapid levels. We're going to see more money printing that's going to blow our minds. We think that we're, this is wild. I think we're not even anywhere close. I think the numbers just won't make sense to us at certain points coming here in the near future. And you're going to see what we've seen over the last 26 years where precious metals prices

[00:34:43] are going to be worth more later. Now, during between now and the next 26 years, are we going to see declines in gold prices? A hundred percent. Can silver, gold, platinum, palladium go down in price? Yes. This year is a perfect example of it going down in price. But you have to look at it this way I do is when I see something that I know I want to own, if I'm going to Walmart and I have something I've been buying for years and I see a sticker that's 30% less, I literally look around and I'm like, did someone put the wrong sticker on here?

[00:35:14] Like, am I going to get away with this when I get to the register to buy this thing when it's like so much cheaper? For some of my real diehard gold bugs, for a lot of economists who've been buying gold for a long time, when we see what's happened so far in 2026, we see a sticker price that's so much less than it really should be right now. And so we're trying to get it both hands, hands over fists to buy precious metals, especially silver because we believe that it's one of the most undervalued right now with the supply issues it has.

[00:35:40] So I think that that's the future is more debasement. And we didn't talk about the de-dollarization, but it's important just so that they know I want to close that loop there. De-dollarization are other countries not using our dollar. So de-dollarizing themselves, right? So we have the BRICS nation. They've already come up with what they call the BRICS unit, which is their first step towards creating their own currency.

[00:36:05] China and our enemies would love nothing more than to dethrone our dollar from the world's reserve currency list. It is a massive economic advantage to become the world's reserve currency, and it's a major economic disadvantage that their currency is not. So how do you do that? Not use it. If you don't use it anymore, what happens to the value of something? It goes down. So that's what the rest of the world is doing, and they've never done it faster. They've never done it at this level.

[00:36:35] There's a book that I recommend everybody reads called Our Dollar Your Problem by Ken Rogoff. He talks about this. He believes that China and the rest of Asia is going to be de-dollarizing at a rapid pace between the next five to seven years. And in that period of time, even that quickly, we can see the dollar getting dethroned. When, I believe that's a when, not an if statement there, when that does happen, your portfolio better be positioned for it.

[00:37:04] It just better be positioned for it. Your whole wealth should be positioned for that event. And again, all roads lead back to what is money, how we started this whole conversation off. The ultimate and the only true form of money is gold, in my opinion. Gold, silver, platinum, and palladium. Nice. So one more question before we kind of wrap this up. Is this just for wealthy investors? No, no. I believe gold is for everyone. I want to write a book one day, so gold is for everyone.

[00:37:33] And that's another beautiful thing about everlasting wealth. We have no minimums. You can come onto our website and you can go buy one silver coin if you would like. You can buy one gram of gold if you would like. We believe everybody should seriously consider owning some physical precious metals. Once you look and do a little bit of research, you'll be compelled to. And a lot of people, I don't want the amount to be a barrier of entry to start.

[00:37:58] So just get started, whether that's a single coin or a single gram of one of these different precious metals, just to kick off your career of being a precious metals investor. And then just watch what happens over time. And let gold do what it does. Or silver, platinum, or platinum, whatever you bought, do what it does. And then, you know, we get a lot of repeat buyers because of that. Because they see it. Nice. Yeah. So before we get off, is there, if somebody was listening and wanted to learn a little bit more,

[00:38:27] how would they get in touch with you? So the best way to do it is you come onto our website and you become a member. Everybody who becomes a member gets a one-on-one consultation with either myself or one of our expert team members. And we're going to learn about you, just like Mandy said. That's the first thing we do is we want to know everything there is to know about who you are, what your goals are, what your objectives are. And then we want to show you and tell you and teach you all the advantages and disadvantages of owning precious metals. It's worth your time, if you're considering it, to know whether or not you should or shouldn't own it.

[00:38:56] And we've told plenty of people that this is not an investment that you should own or an asset class that you should be part of based off of what your goals are. Right? And we've also met people who had very little information or had a lot of misinformation more common about precious metals. And once they understood it, they were so glad that they took advantage of it, especially over the last few years, as you can imagine, with prices going up as much as they have. But they believe that it's going to continue to do the same thing.

[00:39:24] So go to our website or you can email me at our support at everlastingwealth.com email address that will percolate to our team and one of us will get back to you. And you can obviously go to our website and give us a call as well. Okay. I got to get in touch with you because I know my grandpa has these rolls of silver coins. And I need to get some expert advice on that.

[00:39:49] And you've been very humble, but I do want to reiterate that you are an expert in this field and the advice you give is good to hear. So, yeah, next time I see you, which I think is in a couple of months, I'm going to bring this roll of coins and have you peek at it and see what you think. I would love to. And anybody else who's listening, we have a lot. That is a big part of our business is people selling their precious metals to us. We offer the best price buyback guarantees. So, it will be anybody else's prices that are out there.

[00:40:16] So, if you're looking to go and sell gold, silver, platinum, palladium bars or coins, and you're not even sure if you can sell it, we want to talk to you. We can help you out with that. If you own, let's say that you're working with another precious metals dealer. Let's say that you're working with somebody else and you want to use our platform. You can come on to our platform and load up all of your positions from another dealer and we'll track all that for you for free as well.

[00:40:45] So, that's all just a value add for you. So, yes, that's I think a really cool thing that you just brought up. I would love to see what your grandfather had, what the value is of it. I'm going to tell you not to sell it, by the way, because I think that is good. I'm going to say just to keep holding on to it. But I know life happens and people need it for certain reasons. But, yeah, and if you are and ready, if anybody here is ready to sell, let us know. Perfect. I love that. I love it because that's what he did for all the grandkids was big rolls of silver coins. So, it's kind of fun, kind of fun.

[00:41:15] Anyone who listening wants to learn a little bit more about self-directed, please reach out to me, Mandy at IRAclub.com. Happy to talk through more of that. But we really appreciate you being on today. This made a complicated topic simple and easy. I think you do a great job of explaining, you know, de-dollarization and those kinds of things for us folk. And otherwise, I'm super excited to see you soon. And thank you again for coming. Mandy, this has been a blast. I love doing anything with you.

[00:41:45] Thank you so much for having me. And, yeah, I look forward to hearing from anybody out there with any other questions that they have.