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Collin Plume

๐Ÿ‘ค Speaker
756 total appearances

Appearances Over Time

Podcast Appearances

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

Platinum and palladium is also, but it's nice to know as an investor that you have something in your portfolio that is not tied to any debt instrument. I think it's the number one thing that make what we do very interesting is that you have this ability to acquire an asset

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

Platinum and palladium is also, but it's nice to know as an investor that you have something in your portfolio that is not tied to any debt instrument. I think it's the number one thing that make what we do very interesting is that you have this ability to acquire an asset

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

that gives you some freedom from the traditional markets that you're not tied to any companies that could have like an Enron situation or you're not tied so heavy into tech stocks and it gives you a little hedge And I would say some type of insurance against some of the things that can happen with some of the other traditional investments.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

that gives you some freedom from the traditional markets that you're not tied to any companies that could have like an Enron situation or you're not tied so heavy into tech stocks and it gives you a little hedge And I would say some type of insurance against some of the things that can happen with some of the other traditional investments.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

And so that's what made me get into it and fall in love with it. And it's become my number one thing of learning is continuing to learn about these assets and also educate people about what they can do for them in today's financial environment.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

And so that's what made me get into it and fall in love with it. And it's become my number one thing of learning is continuing to learn about these assets and also educate people about what they can do for them in today's financial environment.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

First, in terms of liquidity and the risk of liquidity, gold and silver, what we sell are bullion coins and bars, which these are the highest purity, best condition products. These are what the banks buy. These are what the large institutions buy. This is what COMEX buys. So the items you buy from us are liquid anywhere in the world.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

First, in terms of liquidity and the risk of liquidity, gold and silver, what we sell are bullion coins and bars, which these are the highest purity, best condition products. These are what the banks buy. These are what the large institutions buy. This is what COMEX buys. So the items you buy from us are liquid anywhere in the world.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

That being said, we will buy back anything that we've sold to you at any day, at any time. But we have focused on items that have liquidity, regardless of you selling back to us. That was one of the differentiators when I started the business was that many of people in this space, they sell many products. I've seen companies sell 5,000 different coins and bars.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

That being said, we will buy back anything that we've sold to you at any day, at any time. But we have focused on items that have liquidity, regardless of you selling back to us. That was one of the differentiators when I started the business was that many of people in this space, they sell many products. I've seen companies sell 5,000 different coins and bars.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

The problem is that a lot of them that you could buy, They may not be liquid because they may not have the desirability at the time you want to sell it. The items we sell all have the highest desirability on the market. And that's something that's really important is that people have liquidity. And that is something that we really focus on. And we do have people that are retiring or need money.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

The problem is that a lot of them that you could buy, They may not be liquid because they may not have the desirability at the time you want to sell it. The items we sell all have the highest desirability on the market. And that's something that's really important is that people have liquidity. And that is something that we really focus on. And we do have people that are retiring or need money.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

And it's important for them to have that liquidity at any moment of the day. In terms of how it works, there's two ways you can acquire it. One would be in an IRA. And so if you do an IRA in gold or silver, you're actually buying the physical bars and coins and we help you through that process. But we do in the IRA, we do have to store it. until you retire.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

And it's important for them to have that liquidity at any moment of the day. In terms of how it works, there's two ways you can acquire it. One would be in an IRA. And so if you do an IRA in gold or silver, you're actually buying the physical bars and coins and we help you through that process. But we do in the IRA, we do have to store it. until you retire.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

So once you retire and you're above the age of 59 and a half, you can actually take possession of the items that you acquired. So it's only in storage and it's in segregated storage until that time. And all the paperwork and everything we do, we walk you through that process. You have an online system to actually see the price of your inventory and what you own any day.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

So once you retire and you're above the age of 59 and a half, you can actually take possession of the items that you acquired. So it's only in storage and it's in segregated storage until that time. And all the paperwork and everything we do, we walk you through that process. You have an online system to actually see the price of your inventory and what you own any day.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

You can log in there and do that. And those metals would be liquid at any time for you. The other way that you can do it, and the IRA is very popular because a lot of people have a lot of their retirement funds and IRAs, and they may want to change some of it. So maybe they have some of it in the stock market and they want to diversify. They don't want to have all of it in the stock market.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

You can log in there and do that. And those metals would be liquid at any time for you. The other way that you can do it, and the IRA is very popular because a lot of people have a lot of their retirement funds and IRAs, and they may want to change some of it. So maybe they have some of it in the stock market and they want to diversify. They don't want to have all of it in the stock market.

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

They can diversify with us and put some of their holdings

Chief Change Officer
#204 Collin Plume: From Kid Collector to Gold Guru โ€“ Part One

They can diversify with us and put some of their holdings