Colin Plume
speaker
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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Appearances
These are all the things that I look at when I look at the economy. They've sort of got people in love with this 4% return. But when you look at what it takes to live and the cost of living and how everything is astronomically going up, I just don't think 4% is enough.
Yeah. I mean, obviously, people are optimistic about the new administration. They're excited about what's going to happen. And they're hoping that things will happen soon, that wages will go up and things will get better. I do think it's going to take some time and I do think it's going to take some time for anyone to come in and fix a lot of the problems.
He's going to have to come in four years of problems that he's going to have to clean up. So I think people are optimistic. I also think that if you look at some of the proposals when you talk about inflation, which is rampant right now, it's still going. You talk about tariffs, you know, tariffs are the reason that no president really wants to take on tariffs.
This is really it's a long game, right? Because it would make
certain products more expensive in the short term and so what we're starting to see is a lot of people buy things now before they think things will go up i mean i've seen numbers where they think computers could go an average computer of you know 600 could be with a 20 or 30 tariff could be seven or eight hundred dollars so a lot of people are trying to pre-buy things before these things could happen for those price upticks before the upticks happen and so i think that's i think that's smart and i i do think people that are getting early
on some of the things that we do will also take advantage.
Well, I always think about this is the class, whenever you hear about hedge funds, and these firms, they always say assets under management, right? That's the classic term that everybody says, what are assets, assets, or businesses, assets, or real estate assets are, Precious metals. These are all assets that the wealthy is buying, that these big corporations are buying.
So everybody is trying to acquire assets. That's the key to this next economy. And I think what people need to realize is that a lot of people say this to us is that things sound and feel expensive. And if they sound and feel expensive, then why is BlackRock buying all these houses? Why are all these institutions picking up properties?
You know, in Los Angeles, one of the biggest buyers of commercial real estate apartments is the city of Los Angeles. The city of Los Angeles, just, you know, Encino. Woodland Hills, they just bought a $400 million apartment building. The city of Los Angeles. with taxpayer money. They're buying assets. So the key to this new economy to protecting yourself is it's really an asset economy.
That's really what you have to do. And I do think that precious metals plays a part in that. But I think overall, it's just assets, having a business, having some different income streams and really being diversified.
We have some shipwreck coins. Right now, we focus on incredible customer service. I mean, that's really what we do. And there's a lot of gimmicks out there, things that you do. You are going to get some free gold and silver if you do any purchase with us. We have different promotions. But really, what we focus on is selling bullion coins and bars. How much is this worth? That's five ounces.
So you're looking at, you know. $11,000, $12,000. I could just put that right there. Yeah, it fits easy in there. Just slide right in there. It's just right there. No one even knows I have it. Do we have a metal detector here? Does it pick up? Oh, yeah, definitely.
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