Colin Plume

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113 appearances 2 recordings 1 series first heard Jan 2025 last heard May 2025

Colin Plume’s voice in public audio — every appearance, attributed to the second.

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But yeah, I think it was a testament to gold that investors that were typically gun-shy were diving into gold. And the U.S. sentiment right now, they just came out with a report, 25% of Americans feel more confident about gold than they feel about the dollar, and they feel even about equities. but less than 10% of Americans actually own physical gold.
So they don't all own it, but they feel pretty good about it. So that consumer sentiment, I think, is really telling. When I started the business 16 years ago, I think it was less than 3% or 4% that was interested in gold.
42%.
That's unbelievable.
What about like five years ago? Five years ago, we're in 2020. So 2020. Well, it depends. Yeah, so in 2020, there was a spike.
Yeah, a couple years ago. The thing was is that that $2,000 an ounce was a really telling number. That was like, is it going to break through?
Correct. Like, what's going to happen at $2,000? And I remember people having this conversation. Like, it's got too expensive. It broke $2,000, and it kind of hovered around $2,000 two, three years ago.
um and then it it obviously broke through but now it's a 3200 we're at 3200 yeah and today is actually a great day to buy because it's down today because of what happened with sure with the china deal um so it pulled back today so you know it's like a stair step right you see these stair step kind of moves um but the tariff uh situation is it's like a it's like a high stakes game of musical chairs and like what happened today the way i think about it was like what happened today is that like we put one more chair back yeah we've been
pulling chairs away and we put a chair back so it feels a little bit better the stock market bounced um so gold's down today silver's very resilient today so that's pretty interesting um your silver's around 33 dollars and 32 33 dollars today yeah so it hasn't had the it's up 11 percent this year it hasn't had the massive that's very good It's still very good. Yeah.
Hasn't had the massive run of gold. But, you know, silver is different because it's not a monetary metal. It's an industrial metal. So it's technical. It's a technical use metal.
So I think, you know, in the grant, if you're looking at where things are right now and silver still hasn't made that big move and it has so many industrial uses, I really, you know, I think silver is going to be interesting.
Yeah. Well, I think it's this year has been the most interesting year of phone calls because people have, you know, started. They start some paperwork. They get a little bit and then they're trying to figure out what's going to happen. They're looking at their stocks. You know, they're deciding what's what am I going to do? So I think it's been a lot of start stop.
But for a lot of people and this is what we've always said is like this is just one piece of the pie is diversification. And people are really liking the idea of getting the actual physical as opposed to the stock form. Yeah. So are you doing a lot of home delivery? Home delivery. And I think that was spurred a lot by what happened with the London Bullion Exchange. What happened there?
Basically, what happened was that people started calling their contracts right before the tariffs were kicking in. And basically, the London Bullion Exchange didn't have enough gold. And so people were like, well, I have a contract. It's supposed to be there. And what was happening is that people were wanting to get their gold and ship to the U.S.
And so the blended bullion exchange is like, sorry, we don't have it. And it's like, well, I own it. It's supposed to be there. And that caused more of a hysteria to run. It created a run on gold. People wanted to get their gold. They wanted to get it closer to home.
So I think what's happened this year, which has been interesting, is that people have been selling their gold stock and then just buying the real thing.
But they didn't.
Really bad. That's not good. Yeah. And that, that did cause his, I mean, we're talking about big institutions that the exchange that wanted it and they were being told like, we'll have it in four to six weeks. And it's like, well, you're supposed to have it there all the time. It's not, you're not supposed to have it there part time.
NobleGoldInvestments.com. Been in business. It'll be 10 years next year. Obviously, proud partner with Charlie. And yeah, I mean, last week was really telling. We had a client talk to another dealer, called us. We saved them over $22,000 on that purchase. We've saved people millions of dollars just because we focus on bullion coins and bars, as you know, the real stuff. So that's what we do.
alcoholism yeah and and people need that sometimes they need that prod you know they need to or they need to hear somebody and you shouldn't shame people that's not that's not what we're saying no right you should no no everyone has their free will they have agency but yeah also we need to be clear that it's probably it's not good for you yeah yeah and and and you were right what you said was right you're more successful i mean listen let's let's
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