Collin Plume

And I think that is another reason that people have liked the idea of gold and silver because A, you don't want to have it controlled in an entity that could potentially go out of business. And the Dodd-Frank Act had some language in there that leads people to believe that if a bank really did go out of business, the FDIC had some problems that in essence, they could potentially take your money.

And I think that is another reason that people have liked the idea of gold and silver because A, you don't want to have it controlled in an entity that could potentially go out of business. And the Dodd-Frank Act had some language in there that leads people to believe that if a bank really did go out of business, the FDIC had some problems that in essence, they could potentially take your money.

And I think when you look at The idea of the dollar itself, the return is so low in the bank also relative to what you can make out there. This year, gold is up 27%. the banks are paying 4% in the bank right now. They're only paying that 4% right now because they know that there's so many other investments out there that yields a much higher return.

And I think when you look at The idea of the dollar itself, the return is so low in the bank also relative to what you can make out there. This year, gold is up 27%. the banks are paying 4% in the bank right now. They're only paying that 4% right now because they know that there's so many other investments out there that yields a much higher return.

And so with inflation being something that everybody is talking about, everyone's talking about the price of energy and the price of food and all of these things have gone up. They've skyrocketed over the last few years. People also are saying, I can't make 4% in the bank. And I think the returns of the banks in the US are going to continue to go down.

And so with inflation being something that everybody is talking about, everyone's talking about the price of energy and the price of food and all of these things have gone up. They've skyrocketed over the last few years. People also are saying, I can't make 4% in the bank. And I think the returns of the banks in the US are going to continue to go down.

I would not be surprised if we see 3% savings returns by next year and even lower. So the other idea too is I just can't leave money in the bank because I need to keep up

I would not be surprised if we see 3% savings returns by next year and even lower. So the other idea too is I just can't leave money in the bank because I need to keep up

with my quality of life and i think that's the thing about gold if you go back over time if you go back the last 150 years gold has been able to keep up with inflation and the cost of living in a way that most other items have not and that is also the big idea with investing for retirement is you want that same quality of life in retirement that you have while you're working.

with my quality of life and i think that's the thing about gold if you go back over time if you go back the last 150 years gold has been able to keep up with inflation and the cost of living in a way that most other items have not and that is also the big idea with investing for retirement is you want that same quality of life in retirement that you have while you're working.

That's why you're working so hard is you want to be able to have the things in retirement. And yes, you may have to downsize your living to afford to live as long as you may live. With that being said, the idea is you want items that are going to keep up with the cost, the increasing costs of everything that's going up out there.

That's why you're working so hard is you want to be able to have the things in retirement. And yes, you may have to downsize your living to afford to live as long as you may live. With that being said, the idea is you want items that are going to keep up with the cost, the increasing costs of everything that's going up out there.

And so that's another reason why a lot of people, if they were hitting very heavy in cash, they've been looking at gold and silver as another way because they need to make better returns. And obviously nobody has a crystal ball. of where things will go, but typically during heavy inflationary periods, gold has performed very well.

And so that's another reason why a lot of people, if they were hitting very heavy in cash, they've been looking at gold and silver as another way because they need to make better returns. And obviously nobody has a crystal ball. of where things will go, but typically during heavy inflationary periods, gold has performed very well.

You can see the late 70s, early 80s is a perfect example when inflation was in the 14% to 16% range, and gold was keeping up with that and outperforming those numbers.

You can see the late 70s, early 80s is a perfect example when inflation was in the 14% to 16% range, and gold was keeping up with that and outperforming those numbers.