
Digital Social Hour
Bank Bans Gold Traders? The Truth Nobody's Telling | Alex Spellane DSH #1062
05 Jan 2025
Bank bans gold traders? π«π° The truth nobody's telling you is shocking! Join Sean Kelly as he dives into the world of gold, crypto, and banking controversies. π¦π Β Discover why some banks are refusing to open accounts for gold traders and the surprising parallels with crypto debanking. π± You'll hear firsthand experiences from industry insiders and learn about the unexpected challenges facing precious metals dealers. Β But that's not all! This episode is packed with fascinating insights: β’ The link between gold and alien theories π½πΈ β’ Crypto success stories and cautionary tales ππ» β’ The finite nature of gold and its impact on value ππ β’ Unique coin designs and the art of numismatics πͺβ¨ Β Don't miss out on this eye-opening conversation that blends finance, technology, and even a touch of the extraterrestrial! Watch now and subscribe for more insider secrets on the Digital Social Hour. π Β #GoldTrading #BankingControversies #CryptoDebanking #PreciousMetals #DigitalSocialHour Β #goldpriceprediction #goldanalysis #silverstacking #goldpriceanalysis #goldpriceforecast Β CHAPTERS: 00:00 - Alexβs Black Marlin Coin 00:56 - Alexβs Favorite Interview 06:07 - Gold vs Crypto Investment 08:30 - Tomorrow's Discussion Topics 10:58 - Finding Fisher Capital Group Β APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] Β GUEST: Alex Spellane https://www.instagram.com/alexanderspellane Β LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/
Full Episode
People believe because gold doesn't have a magnetic pole that it's used for alien spacecrafts and stuff like that. Wow. That's another theory of like why gold is so important to Egypt. People that speculate though that Egyptians were visited by extraterrestrials to help them build these pyramids. The reason they were so fond of gold is because the aliens came to Earth for gold.
I have my initials on these. These are from the New Zealand Mint. They're legal currency there. Oh, wow. But I designed this coin. It's a black marlin. It's got a reverse proof finish. These are dope. Pretty coined. Wow. But here you go. Have one. Yeah, enjoy that. Black marlin. Is this your spirit animal?
Well, it's the fastest fish in the sea, actually. I didn't know that. I mean, reportedly, right? Wait, this is supposed to be you? Ha ha ha. It's King Charles. Ever since the Queen died, it's like King Charles and everything. Got it. Yeah. Who's been your favorite interview this conference so far?
Oh my God. Probably Bruce was a really good one to be honest with you. Probably the co-founder of Old Glory Bank just because... you know, him and I see we have the same exact mission.
It's all about getting, delivering clients from a machine, which I know resonate with you because you do crypto and just getting their independence back and not having to worry about being targeted for the conservative values they have. Yeah. Speaking of crypto, it's nice to finally have a government administration that is pro crypto. Yeah. You know, and they're pro gold too.
Yeah, it's true. I mean, There's no reason that people shouldn't be. It's other than trying to have an unnecessary amount of control over people, right? It's the only explanation anyway. Why would they not want cryptocurrency companies to thrive? Why would they not want people to own gold? Well, it's because they can't regulate it and they can't really... control the flow of the transactions.
Let me ask you this since you're in the gold space. So a lot of people in the crypto space are being debanked. They're losing their banks. They're shutting them down. Has that happened to people in the gold space? Yeah. Crazy, right? Yeah.
Like for our processing, I had a good relationship with my bank. If you try to open a bank account and you say you do gold, they won't let you open the account. Why? Yeah. Bold is such a stable asset that makes no sense.
And they say like, oh, we don't want to deal with anyone that's trading commodities. I'm like, no, I sell coins. So I had a friend try to open a side business that we were like doing something with and they wouldn't open her account. My mom got banned because my Chase got banned and I spent her like a sale, I guess one time, like not even crypto related, but she got banned. Yeah. It's crazy, bro.
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