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Charlie Kirk
Hey, everybody, it's in the Charlie Kirk Show. First, we have Senator Rick Scott to recap some of the hearings and the chances of who is actually going to be confirmed. And secondly, we have my friend colin plume from noblegoldinvestments.com that is noblegoldinvestments.com Great company. Phenomenal partner. That is noblegoldinvestments.com Listen carefully as Colin makes a very compelling case that silver is the new oil. Email me as always, freedomarliekirk.com Buckle up, everybody. Here we go. Charlie, what you've done is incredible here.
Senator Rick Scott
Maybe Charlie Kirk is on the college campus. I want you to know we are.
Colin Plume
Lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy, his spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point usa.
Charlie Kirk
We will not embrace the ideas that have destroyed countries, destroyed lives, and, and we are going to fight for freedom on campuses across the country. That's why we are here. Noble Gold Investments is the official gold sponsor of the Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals. Learn how you could protect your wealth with Noble gold investments@noblegoldinvestments.com that is noblegoldinvestments.com it's where I buy all of my gold. Go to noblegoldinvestments.com joining us now is the great senator from Florida, Senator Rick Scott. Breaking news. Senator, you're going to have a new colleague as you are, I think now the senior senator from Florida or finally. I know, finally. I think you've been the junior senator to Senator Rubio for quite some time.
Senator Rick Scott
Your reaction, Senator, I want to introduce Marco. Yesterday I said one of the benefits of you getting nominated to be Secretary of State is I finally get to be the senior senator. So I spoke to actually got, I just spoke to her. I've already spoken to her a couple of times. I just got off the phone with her. She's going to come up this weekend. So I'll be meeting with her and doing everything I can to help her get acclimated and get started quickly. She's been a successful attorney general in Florida for six years. He took over after Pam Bondi. She's done put a lot of effort in it to try to hold the Biden administration accountable. So I think she's going to be a good colleague to work with.
Charlie Kirk
So, yeah, just talk more. The announcement was made this morning by Governor DeSantis. Ashley Moody will fill the vacant seat. And so that obviously keeps us solidly in the majority and will be another powerful voice in the United States Senate. So walk us through how the confirmation process is going right now. Senator, we have Scott Besant and also Pam Bondi. How do you think Pam Bondi did?
Senator Rick Scott
Well, so Pam Bondi was outstanding. I had the opportunity, she's a good friend, as you know. I had the opportunity to introduce her yesterday at the Judiciary Committee and she did a great job. She, she's somebody that's smart, hard working. She's going to try to bring respect back to the Department of Justice. She's not going to play this law fair. Gotcha. What the Biden administration, the Obama administration did. So I think she's going to do a really good job and she did a fabulous job yesterday. Marco Rubio, of course, foreign relations. I also had the opportunity to introduce him. He did a great job. As you know, he's very knowledgeable on, on foreign relations. And I think what his, what he wants to do is bring the Secretary of State's office back to the importance that it should have in deciding foreign policy in this country. So Pete, Pete Hedseth did a great job at Armed Services. So I'm on that committee. He, he, he did a great job. He sent me. Here's what I like about Pete. He's, he's a warrior like my father did all four, there's only 3,000 people did all four combat jumps with Asyn airborne during the Second World War. All right. I respect and admire those people. They know where the problems are. They know what the warfighter needs. That's where Pete is. He fought, he served in Afghanistan and he served in Iraq. He knows what the warfighter needs. That's what we ought to be doing. So I think he's going to do a great job. He will be confirmed. I don't know how many Democrats are going to vote for him. I don't know how many Democrats will vote for Pam Bondi, but they're going to be confirmed and hopefully we'll get them confirmed quickly. John Thune has committed to have a aggressive process to try to get all these confirmations done as quickly as possible. It appears that Chuck Schumer and the Democrats are going to try to slow down as much as possible, which makes no sense. Donald Trump was elected president. He won a big win. He won the popular vote. You should help them get their team together. And by the way, if his team does not do a Good job. There's elections in two years. Help them get their team together. Democrats should not be fighting us on this and then let them go do their job. And if they don't do a good job, the public has the opportunity to vote in two years and not elect Republicans again.
Charlie Kirk
So, Senator, can you contrast the pace at which the Senate is operating right now versus 2017? It feels as if there was just a slow walk back during Trump 1. This seems to be moving at a rapid pace, even so, that I think you and many other senators are bouncing in between simultaneous concurrent hearings. Is that correct?
Senator Rick Scott
Absolutely. So there's a commitment by our leadership sooner. Thune has made a commitment that we're going to do this as quickly as possible. I think all of us are going to do everything we can to get them done. So the only, the only. It's not going to be us slowing this down this time. It's clearly going to be that we're going to stay here. We're going to work if we need to, through the weekends to get things done. It'll be. We'll see how much the Democrats want to slow it down. It takes a certain number of hours of debate for every one of the Cabinet members. So if they make us use up all that time, then we'll all be sitting here, including the Democrats. So I think we're doing the right thing. And I think we need, we need to say to ourselves, we should be clearly no worse than the pace of when Obama got his Cabinet put together. And I think that should be our standard. And I know that's exactly what we're demanding right now. And hopefully that's what we'll get.
Charlie Kirk
So there are several votes upcoming. Can you just walk through our audience how this is going to work? So President Trump, in three days and 22 hours and 47 minutes, becomes the 47th President, United States. I'm sure I'll see you there, Senator. But then it's a work day for you, where most of us are going to kind of go celebrate. We have a big ball to host. It is a work day. Walk us through what that day looks like as far as how quickly we can get these people confirmed into office.
Senator Rick Scott
So what will happen is as soon as Donald Trump is sworn in, that he'll sign the nomination letters and send them back over here. We will have our committee votes to confirm them out of committee as quickly as possible, as many as we can get done that day, and then we'll start the process. Now, the Democrats can slow us down. They can make us take 30 hours of Senate hours, basically, for each of these cabinet members. So we'll see if that's what they do. If you go back to Barack Obama, I can't remember, but he got many confirmed his first day. They didn't work that they didn't work to help Trump in 2017. Hopefully, you know, they'll, they'll work to get some of these done. I don't know how Marco Rubio is going to get almost every vote, I assume. I think there's going to be a lot of people that they're all going to vote for. We're going to get these people. They should get done immediately, within hours after Trump is sworn in.
Charlie Kirk
No, I think you're right. I think, I think Rubio could pass on a voice vote and also understand that it's unusual for Senators to vote against one of their own, especially someone like Senator Rubio, who's been around for quite some time and despite disagreements, has always been very respectful and cordial to the other side. So, Senator, if you were to say which of the ones do you anticipate a little bit of drama or a little bit of a fight? Pete Hegseth had a great hearing, was obviously very high profile. Tulsi Gabbard, which are the ones that our audience should really focus on to try to make sure that President Trump gets his full Cabinet.
Senator Rick Scott
Well, what you need is you need national defense done as quickly as possible. Number one thing we ought to be doing. So we need to get our Secretary of Defense done. We need to get Marco Rubio done. We need to get Tulsi Gabbard done. So. So Pete had a great hearing. I think it's very difficult to vote against him. I don't know how the Democrats are going to do, but that should happen very quickly. Marco should happen hopefully within hours. But after that, we need the Attorney General done. Pam Bondi did a great job at her hearing. She was outstanding. She doesn't take any, any guff from anybody. Um, so hopefully those get done. We need to have Russ vote approved. He's going to be management budget. Tulsi Gabbard. Tulsi. I assume they're going to make it. They'll make her life miserable for a while like they did Pete's for a while. There'll be a, you know what they, what the Democrats do, they do smear campaigns. But these are great nominees. These are, these are hard working Americans. These are people that are going to change the direction. So Cash Patel, that, you know, they're going to go after, you know, if you look at history, they're going to go after cash. But look at the, I mean, look at who were, who they're replacing Christopher Wray, who's clearly, you know, it was, you know, was lawfare against Trump, Merrick Garland and, and look, look at how General Austin ran the secretary of defense. And by the way, twice within six months he was, you know, awol. I mean, he, he had, he was in the hospital and didn't tell people. So I mean, that's a violation of law. And of course, Biden did nothing about it. We just found out yesterday.
Charlie Kirk
Senator, in closing here, the new administration is going to hit the ground running lessons that you learned during Trump, one that you want to communicate with our audience. The media is going to be out of control. We must stay disciplined and steady at the wheel. Senator, closing thoughts.
Senator Rick Scott
So it really matters if the public is vocal about what they expect. Donald Trump won. He won big. You need to do, the public needs to do whatever they can to let their senators know is very important to be very helpful to Donald Trump to get his agenda done. The more active you are, the better chance it'll get done.
Charlie Kirk
I love it. Senator, keep up the great work and deliver Pete, Hegseth and Tulsi across the finish line. We're counting on you. Thank you, Senator.
Senator Rick Scott
We're going to see. Charlie.
Charlie Kirk
I have two questions for you. Are you unknowingly missing out on God's blessing by not aligning your investments with biblical principles? Would you like your hard earned retirement dollars to support Israel, God's land and chosen people? Most people don't realize the spiritual and financial benefits of investing in Israel because they lack the knowledge to do so effectively. Don't let your investments become disconnected from your faith and values. Diversify those dollars into Israeli shekels to fulfill your biblical mandate and partner with Israel's future. To top it off, Israel is one of the fastest growing, innovative and resilient economies in the world. Download the believer's ultimate guide to Investing in Israel for free at wise money Israel.com/Charlie Kirk. Align your investments with God's promises for Israel. Learn more at wise money Israel.com/Charlie Kirk. Scott Bessant is acing this confirmation hearing. Look, we very well might be heading for some economic turbulence sometime soon, some choppy waters, some uncertainty and some financial curve balls. I was just reading here in one of my many newspapers that I try to read during the break here as inflation data. It's looking a little better, but it's nowhere near where it needs to be. And guess who is posting a surge in profits? JP Morgan and Goldman Sachs post surge in profits. This is going to be an unsustainable economic recipe. If the top banks and the top 1% keep on posting record years and record profits while everyday Americans can't afford eggs, butter and groceries now you're going to have an economic revolution. This is exactly why Joe Biden did what he did in his farewell address. Do we have Joe Biden's farewell address? Joe Biden didn't believe a word of what he said last night. However, it was very well written. Whoever wrote that speech was basically lamenting that that is what the Democrats should have said this last year. Run against the oligarchy, run against the entrenched economic powers and interests. Joe Biden's farewell address would have been very politically challenging for Donald Trump to run against Donald Trump himself being a billionaire, Elon Musk being a billionaire. Even though Joe Biden got more support from billionaires and more support from the 1%. And the wealthiest counties in America disproportionately voted for Joe Biden. I think 8 out of 10 of the wealthiest counties. It's a message that would have, would have been very difficult for Republicans to overcome if Democrats would have been sane on immigration, sane on crime, sane on the trans stuff. Instead, it's just completely out of control. And Joe Biden's farewell address said that there is a smaller and smaller group of people controlling more and more of the wealth. I mean, he's correct. Of course. He didn't believe that throughout any part of his presidency, he pandered to that very same oligarchy. He made that oligarchy protected by the Lafayette regime. He did the bidding of that oligarchy. But we don't want to live in such an oligarchy. We want to be able to have it where there is robust free market competition that if you want to be able to get to $400 billion in wealth like Elon Musk, we have no problem with that. But we want to make sure that we can get 10, 20, 30 more people like Elon Musk. We want this to be the center of, of entrepreneurial activity around the planet. We do not want to have a system where there is an entrenched ruling class that is untouchable. Here in the Wall Street Journal, it writes, big bank profits surged in the fourth quarter as Wall street roared back to life with net income rising 50% and doubling at Goldman Sachs. I mean, it's the best years they've ever had BlackRock's profits rose, assets under management edged up to $11.5 trillion. This is Joe Biden with the message that Democrats should have run on. If the Democrats would have run on this message and said we're going to close the borders, we're going to be tough on crime. For any Democrats taking note, that's the pivot they should make. Play cut 90.
Senator Rick Scott
I want to warn the country of some things that give me great concern. This is a dangerous concert and that's a dangerous concentration of power in the hands of a very few ultra wealthy people. The dangerous consequences if their abuse of power is left unchecked.
Charlie Kirk
Now he's worried about an oligarchy. Last week he gave the nation's highest civilian honor to George Soros. He doesn't believe any of this. This last election Joe Biden represented the oligarchs and now he's regretting that he didn't run against them. But it was the people versus the plutocrats. That is what this election was all about. It was the people versus the plutocrats. And we the people own the table. We got a seat at the table and now the chairman of the board is back to being we the people. But what I'm reading here with this economic data as Scott Bestant continues his testimony, this is unsustainable. It is unsustainable that the biggest banks in the country are posting a 50% profit and doubling of income at Goldman Sachs. How many of you in this audience saw your net income double this last year? Anybody? Anybody in this audience see your income for your family double? How about up by 50%? How about up by 10%? I bet many of you in this audience are actually getting poorer every single year because of inflation, thanks to Joe Biden. This is why the Scott Besant nomination is so important. With the stock market at record highs, are you confident your portfolio can weather the next big downturn? Market corrections are quick and unforgiving, wiping out hard earned gains in an instant. Smart investors know the key to financial security is diversification. That's why Noble Gold Investments makes it easy for Americans to help hedge market volatility and diversify their investments with gold. Since 2010, central banks have steadily increased their gold reserves. And in 2024, gold prices soared over 25%. Gold is simple. You buy it, you own it, you control it. Over $2 billion in precious metal sales. Noble Gold Investments has helped thousands of investors diversify their portfolios with gold IRAs and physical gold. And now when you open a qualified account, Noble Gold will gift you 5 ounce silver America the Beautiful coins as a thank you. Don't wait for the next downturn to catch you off guard. Visit noblegoldinvestments.com today and see how easy it is to incorporate gold into your investment strategy. That is noblegoldinvestments.com noblegoldinvestments.com we have Scott Bessant on the screen doing questions right now to become the next Treasury Secretary. Perfect. Guest is Colin Plume, great partner of the program. Noblegoldinvestments.com Colin, say hello.
Colin Plume
Hello. How are you? Good to be here.
Charlie Kirk
It's good to have you here in Palm Beach.
Colin Plume
Yes. Oh, very nice.
Charlie Kirk
It's our last program here in Palm beach before we head up to the Imperial Capital. And you've got some goodies here. I brought some sort. So Scott Besant is going to have some serious challenges in front of him. What would you say are the biggest ones if you had to identify them?
Colin Plume
Well, overall with the economy, I think the CPI report came out, inflation still, it's sticky, right? It's still here. So that's something that you have to think about is do we focus on reducing inflation or do we focus on growth. And I think what my opinion is there's only a few different ways to go is you go high growth, high inflation, you go high growth, low inflation, which is the ideal but very difficult to do. Low growth, high inflation, stagflation, that's always dangerous. We don't want that.
Charlie Kirk
We've been living through a little bit of that right now.
Colin Plume
We've been living through a little bit of that. So we need, in my opinion, I don't think with the next administration coming in, I don't think there's any way that you're not going to have inflation. But I think it will be coupled with high growth.
Charlie Kirk
So from a policy standpoint, what would you like to see happen as far as the Treasury Secretary managing the money supply to be able to boost middle class incomes?
Colin Plume
Well, it's tough because I think it they've been very conservative with the money supply and they've reduced the amount that they've exposed to the, to the markets. A lot of people believe they will open that back up. They're going to start freely bringing money back into the markets to be careful.
Charlie Kirk
When you do that, you got to.
Colin Plume
Be careful because that could bring inflation again. But I think that all the measures going forward, we want wage growth, we want job growth. The people that have been hurt the most over the last four years have been people that have had credit card delinquencies. They've been the highest that we've seen in a long time. Last year was the highest.
Charlie Kirk
A lot of debt.
Colin Plume
A lot of debt for middle Americans. So they need high growth opportunities, they need wage growth. And those are the measures that I think are going to put more money back in people's pockets so that they can, you know, live a better life and not take on all this debt.
Charlie Kirk
And look, there's a chance that inflation does continue to get out of control. Talk about how gold is doing and silver. Gold has been very reliable. In fact, I think Gold is at $2,751 an ounce.
Colin Plume
Correct? Yeah, yeah. Gold was up 26% last year.
Charlie Kirk
26%, yeah.
Colin Plume
Paul Tudor Jones. I mean, they said it best. All roads lead to inflation. That's why you're seeing alternative assets, gold, crypto. All these things really do well. The world is divested away from the dollar. They're moving away. The BRICs are moving away. It's a natural progression. The petrodollar, this great control that we had, where every dollar is being used for oil, that seems to be going away. That was a massive advantage that we had that Nixon signed in 1973. It was one of the best things he had ever done. And that seems to be slipping away. So I am concerned that inflation will continue to be here in the high twos. And I've been saying for a few years that I think 2% inflation is an unrealistic number. If you look at the world, nobody holds himself to 2%. I actually think we're going to go to a 3% model and, and I think that's much more attainable. But I think we're going to sit, sit in the high twos.
Charlie Kirk
And the key is to be able at least to have growth outpace inflation.
Colin Plume
Right, Correct.
Charlie Kirk
At the very baseline.
Colin Plume
Right.
Charlie Kirk
So if you have a new 3% baseline inflation rate, what is it technically? Now?
Colin Plume
I have it here, 2.7.
Charlie Kirk
I don't believe that, though. Can you talk about the fabrication of some of these inflation numbers? Because people will tell you things are getting more expensive than that. Yeah.
Colin Plume
Well, if you go back to, you know, early 1980s and how they calculate inflation and you take the same numbers today, we'd be above 10%. They've pulled out a lot of different statistics to show a number that's low and that allows them to continue the debt and continue the spending. And that's typically what politicians want to do. They don't want to make any cuts. I Think this new administration, that's the big goal, right? To make some significant cuts to bring our debt down, which gives people more. The whole de dollarization is based on the fact that people are losing confidence in our dollar. It's not that they want to trade in another currency that's better. There really isn't anything that's that much better. They just don't feel comfortable with our debt. That's what's happening.
Charlie Kirk
The challenge for the administration will be to manage that inflation, navigate those waters. Talk about what you're doing at Noble Gold Investments and your new book about silver, which is equally as interesting.
Colin Plume
Yeah, the new book is called Silver is the New Oil and it's basically a book. Right. I believe that we're coming into a new super cycle. And the new super cycle is high growth and high and higher than normal inflation, but higher opportunities. And I think the opportunity in silver is something that a lot of people don't talk about. Everyone talks about gold and gold has already gone on a massive run, but silver is still below its 1983 price and there's no other commodity out there.
Charlie Kirk
Why is that? Has there been an abundance of supply?
Colin Plume
There hasn't been that much supply. I think a lot of it has been pushed down by a lot of the larger organizations. They don't want the price where it should be. But yeah, I mean, we're sitting at $30 an ounce basically today, which is a number that it already hit $50. It's hit $50 an ounce. So if you look at solar energy, EV, all the electrical uses, medical devices, and I go into really long detail. And then the government, the military uses a tremendous amount of silver, drones, all those things, so much silver, they don't even want to release how much silver they use. So I do think there's a massive opportunity. So I get into that in my book and I also talk about some investment strategies that are outside the traditional investments that I've used in my life.
Charlie Kirk
That talk about those.
Colin Plume
Yeah, well, one of them is, is just focusing on assets. I I really talk about here is that there's going to be opportunities where you're going to acquire assets at a good price and you want to continue to acquire those assets. You just focus and you add. And the two assets I talk about in the book are silver and real estate in satellite cities. I still think there's tremendous opportunities in cities that are outside the main city. So, like you're out in Phoenix, obviously. Phoenix and Scottsdale.
Charlie Kirk
Flagstaff.
Colin Plume
Flagstaff Mesa, the next city where people Naturally grow. And they haven't seen that explosive growth. Those are the cities you want to identify. Find a city, you understand, and go out there and get it.
Charlie Kirk
Mesa. We like Mesa. Yeah, yeah.
Colin Plume
That's one of the cities I talk about in my book. I also talk about Greenville, South Carolina, which I actually just bought a property this year or last year. I bought a property there because I really believe in it. But silver is the easy one in that there's no work.
Charlie Kirk
Right.
Colin Plume
There's no maintenance, there's no tenants. So you can really buy it and sock it away. And it's a sleepy investment that you can just not think about. And then 10 years from now, when it's sitting at $100, $150 an ounce, you'll be.
Charlie Kirk
So. Yeah, let's. So why hasn't silver since 1980s moved, and why will it now? I know you're going through some of those, but what do you think will be the forcing function?
Colin Plume
Yeah, I think the market for silver on the exchange is still pretty small. It's actively traded. Also, if you look at gold, gold is. Is bought so much and just held, whereas silver is seen as more of an industrial metal. But what people don't realize is that a lot of the uses for silver aren't recyclable. Some are, but some are not. Like, for instance, refrigerators. There's almost 2 ounces of silver in most refrigerators today. Nobody's going to go in that old refrigerator and pull that out. Right. That 2 ounces is gone.
Charlie Kirk
Right.
Colin Plume
Solar panels, 10 to 20 grams.
Charlie Kirk
But if there was 2 ounces of gold, they would take.
Colin Plume
There was 2 ounces, they would have. Yeah, exactly. I mean, this is 5 ounces of gold. So. Yeah. I mean, if someone would get in there and then.
Charlie Kirk
What is that? This is a kilo.
Colin Plume
This is a key. Yeah, That's a kilo gold.
Charlie Kirk
Yeah.
Colin Plume
If there was a kilo golden refrigerator. Well, your refrigerator.
Charlie Kirk
Don't. Don't just walk through the streets with us.
Colin Plume
Your refrigerator would be $100,000.
Charlie Kirk
Yeah. How much is this, by the way?
Colin Plume
That's close to 80,000. Wow.
Charlie Kirk
There. Right?
Colin Plume
Yeah. That's nice.
Charlie Kirk
I asked Colin if I could keep it. He said no.
Colin Plume
Well, we'll talk about it. I'll give you a good price.
Charlie Kirk
I'll. A great price. I know you'll do a great price. Keep going, please.
Colin Plume
Well, and also, I was going to say not to transition totally out of it, but I was evacuated in the fires and I've been talking to people.
Charlie Kirk
Praise God, you guys Were scared, right?
Colin Plume
You were. Okay. And I was talking to people. Is that this is exactly. This right here is some of the stuff that I put in a backpack and I left with. And I think that one of the things that people are not going to report and it's going to come out is that there's someone in the fire that had millions of dollars of bitcoin sitting on a ledger that's gone. You know that.
Charlie Kirk
You mean they forgot their passage?
Colin Plume
Of course. No, no, they. They had it on a ledger in their house and it's gone. Right. The thing is, is you gotta. People think some things are investments or not. I was, I was joking earlier about purses and some of these things and. And you know, people are going to be in a situation where as if this is so easy. I mean you could. This is, you know, we're talking about like a hundred thousand dollars here. This fits. This could fit in a tiny little bag. Yeah, right. And you.
Charlie Kirk
Now silver takes more to supply though, right? I mean it takes it to store.
Colin Plume
Yes, absolutely. Yeah, silver does. So we do storage for sil.
Charlie Kirk
But gold is not. I mean this is.
Colin Plume
Yeah, I mean this is. Yeah, right. So you could fit. You can look at this. You can fit them, you know, a million dollars in a shoebox pretty easily. So it's liquid, you can take it places. That's why I think it's a really smart investment. That's why people like it. But the liquidity and, and the other thing that I love about precious metals, the way we do it is that you're not paying anyone a fee every year. You, once you buy this, it's yours. Every other investment in the world, there is some fee you're paying somebody every year. Whether it's a management fee or property tax or an annual fee. You know, once you buy this.
Charlie Kirk
That's so interesting. So they are exempt from any property tax. They're exempt from.
Colin Plume
There's not. I mean, if you sell it, there's capital gains. If you do it in the IRA, there's no capital gains. But actually 12 states have actually gotten rid of capital gains on precious metals.
Charlie Kirk
What do you make of this move that some states want to have a gold backed currency. Have you seen this? Texas.
Colin Plume
Texas has done it. Yeah.
Charlie Kirk
There's this big move right now of states to try to have a metallics based reserve system, basically.
Colin Plume
Well, inherently it makes perfect sense because they're already accepting it for tax in that state. Right?
Charlie Kirk
Really?
Colin Plume
Oh, yeah, yeah. There's multiple states. Utah's been doing it for Many years.
Charlie Kirk
And you could train golden for your tax.
Colin Plume
Yeah. And. And if you think about that, why wouldn't the state want to do that? Like if over the last four years gold is more than doubled. If somebody paid a tax, their state tax in this and this was sitting at $45,000 and now it's close to 80,000 DOL. The state wins.
Charlie Kirk
Right?
Colin Plume
The state. Why would. As opposed to them taking it in cash. Right. Because the state's obviously going to keep reserves. That's the whole idea. You keep reserves. So maybe they use cash that people pay in tax to pay whatever they need and they keep some of the gold and silver and reserves. So I think it makes a lot of sense for a state to want to take an asset that's going to go up in value.
Charlie Kirk
It's noblegold investments dot com. Any offers? Anything's going on. We have you for another segment column but I want to make sure.
Colin Plume
Yeah, yeah, no, absolutely. We have some silver promotions right now. It's a great time because this you have until April 15th if you want to add to your IRA. So we have a lot of good promotions going on. If people want to add more money to their IRA and their retirement, it's a great vehicle to save money.
Charlie Kirk
Noble Gold investments dot com. I've known Colin for a while. He's the best in the business. There's a lot of shady people out there in gold. He's as good as it gets. Would you say there's some shady people in the gold industry?
Colin Plume
I would say yes.
Charlie Kirk
Let's just say not great actors. Collins. As good as it gets. Hey everybody, Charlie Kirk here. This is a very important reminder about your year end giving. If you're looking to do something that makes the greatest impact, join me in providing ultrasounds with preborn and saving babies. And remember that 100% of your gift goes directly to providing ultrasounds. Preborn separately fundraises for overhead and administrative. So you can now know that every penny you give right now will go directly to the cause. I am a donor. So listen carefully when we do this with preborn providing free ultrasounds to girls and women, it doubles the chance those moms will choose life. $140 gives five free ultrasounds and saves babies. Just $28 a month can save a baby a month for less than a dollar a day. And speaking of year end giving, I can't think of a better one than a $15,000 gift providing an ultrasound saving thousands of lives for years to come. I'm a donor. Join me in donating at 833-850-2229 or click on the preborn banner@charliekirk.com that is 833-850-2229. Preborn banner@charlieKirk.com so, Colin, there were some numbers you were showing me here. Do you want to pull those up? Yeah. They're very interesting, by the way. It's a lot in gold.
Colin Plume
That's nice.
Charlie Kirk
It's a lot of gold, I'll tell you. Make sure you protect that. It looks like Scott Besson has just wrapped up as the cameras are flooding him. That is a wrap for January Madness committee hearings. What are we looking at here?
Colin Plume
Yeah, no, I was talking about non financial US firms held 8.45 trillion debt as of Q3, 2024.
Charlie Kirk
Wow.
Colin Plume
And this is an interesting stat because I always look at these things. The yield on season triple A rated corporate bonds 5.2% December 2024, double from December 2020. So the rate is high on this. You know, AAA corporate debt is supposed to be the creme de la creme. I mean, that's, that's your best. They're training at 5.2%. So it's either one or two things that's happening. Either that the, the market is saying that they're riskier. Right. That's why they're paying such a high yield. They were paying 2 1/2 percent, 2.7 before, or they're trying to keep up with, with treasury bonds and what the banks are paying for. I think the average bank's paying between four and four and a quarter, which is really interesting right now. I remember when that happened. Initially, everybody was enamored with keeping money in the bank. But now that inflation's probably at 3% or higher. Is a 4% of the bank a number that really is good for somebody, or are they even breaking even? Are they losing money? 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.
Charlie Kirk
No, it's not for most people. And so the way you look at, at your company, what is, what are the type of calls you're receiving right now? Give us kind of some of a demographic picture of the incoming you're getting at Noble Gold Investments.
Colin Plume
Yeah, I mean, obviously people are optimistic about the new administration. They're excited about, you know, what's going to happen. And, you know, they're hoping that things will happen soon, that, that, you know, 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. Tariffs are the reason that no president really wants to take on tariffs is really, it's a long game 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 7 or $800. So a lot of people are trying to pre buy things before these things can happen for those price upticks, before the upticks happen. And so I think that's, I think that's smart. And I do think people that are getting early on some of the things that we do will also take advantage.
Charlie Kirk
So I don't do any investment advice. I'm legally not allowed to or on federally regulated radio, nor would I because I'm not there. But I think it's fair to say that. Would you say that in the most durable portfolios you've seen a pattern, that these asset classes have some place in those side of portfolios without giving investment advice?
Colin Plume
Well, I always think about, this is the classic. 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 are businesses, assets are 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. 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, buddy. The city of Los Angeles with taxpayer money. They're buying assets. So the key to this new economy, to protecting yourself is, is it's really an asset economy. That's really what you have to do. And, 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.
Charlie Kirk
That's. That's noblegold investments dot com. Just repeat any deals or any.
Colin Plume
Yeah, right.
Charlie Kirk
Shipwreck stuff going on.
Colin Plume
We have some shipwreck coins right now. We're just, we focus on incredible customer service. I mean, that's really what we, what we do. And there' lot of, you know, 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. These are.
Charlie Kirk
How much is this worth?
Colin Plume
That's 5 ounces. So you're looking at, you know, 11, $12,000.
Charlie Kirk
I could just put that right there.
Colin Plume
Yeah, it fits easy in there. Just slide right in there.
Charlie Kirk
It's just right there. No one even knows I have it.
Colin Plume
Do we have a metal detector here?
Charlie Kirk
They did too. Does it, does it pick up?
Colin Plume
I do our. When I do our tour of our deposit.
Charlie Kirk
Got to run noblegoldinvestments. Com. Thanks, Colin.
Colin Plume
Thank you.
Charlie Kirk
Thanks so much for listening, everybody. Email us. As always, freedom at charliekirk.
Colin Plume
Com.
Charlie Kirk
Thanks so much for listening and God bless.
Colin Plume
For more on many of these stories and news you can trust, go to charliekirk. Com.
Podcast Summary: The Charlie Kirk Show – "How Joe Biden Could Have Won 2024 — But Didn't"
Release Date: January 17, 2025
In this compelling episode of The Charlie Kirk Show, host Charlie Kirk delves into the political landscape surrounding the 2024 election, exploring how President Joe Biden might have secured a victory but ultimately fell short. The episode features in-depth discussions with Senator Rick Scott and Colin Plume from Noble Gold Investments, providing listeners with insights into the Senate confirmation process, economic challenges, and strategic investment opportunities amid political turbulence.
Recapping Hearings and Confirmations
The episode opens with Senator Rick Scott joining Charlie Kirk to discuss recent Senate hearings and the prospects of confirming key nominees swiftly. Senator Scott emphasizes the efficiency of the current Senate leadership compared to previous administrations.
Senator Rick Scott [02:48]: "Pam Bondi was outstanding. She's someone that's smart, hardworking, and she's going to bring respect back to the Department of Justice."
Scott highlights the strong performances of nominees like Pam Bondi and Pete Hegseth, expressing confidence in their confirmations despite anticipated opposition from Democrats.
Comparing Current Pace to 2017
Charlie probes Senator Scott on the Senate's expedited pace in handling confirmations, contrasting it with the slower process during Trump's first term.
Senator Rick Scott [05:24]: "There's a commitment by our leadership to get these done as quickly as possible. We're willing to work through weekends to ensure efficiency."
Scott asserts that the Senate is determined to avoid the delays experienced in 2017, aiming to confirm nominees promptly to support the incoming administration.
Anticipating Challenges and Democratic Opposition
Discussing potential roadblocks, Scott anticipates Democratic attempts to slow down the confirmation process, particularly targeting high-profile nominees such as Pete Hegseth and Tulsi Gabbard.
Senator Rick Scott [08:15]: "There'll be a smear campaign, but these nominees are hardworking Americans who will change the direction for the better."
He underscores the importance of maintaining momentum to ensure that President Trump's cabinet is established without undue delays, highlighting the critical role of public support in influencing Senate decisions.
Final Thoughts on the New Administration
As the episode nears its conclusion, Scott emphasizes the necessity of public engagement to ensure the new administration's success.
Senator Rick Scott [10:08]: "The public needs to be vocal about their expectations. The more active you are, the better chance it'll get done."
He urges listeners to support the administration actively, reinforcing the idea that widespread public backing is essential for achieving policy goals.
Addressing Inflation and Economic Growth
Transitioning to economic discussions, Charlie engages Colin Plume from Noble Gold Investments to analyze the current economic climate, focusing on inflation trends and their implications.
Colin Plume [18:24]: "I don't think there's any way that you're not going to have inflation, but it will be coupled with high growth."
Plume explains the challenges of balancing inflation control with economic growth, suggesting that upcoming policies will need to prioritize wage and job growth to improve middle-class living standards.
The Role of Precious Metals in Economic Stability
Plume advocates for investing in precious metals like gold and silver as a hedge against market volatility and inflation.
Colin Plume [19:53]: "All roads lead to inflation. That's why you're seeing alternative assets, gold, crypto, all these things really do well."
He introduces his book, "Silver is the New Oil," which explores the burgeoning opportunities in the silver market, positioning it as a strategic investment alongside real estate in growing satellite cities.
Silver vs. Gold: Investment Opportunities
A significant portion of the discussion centers on the underappreciated potential of silver compared to gold. Plume highlights the industrial applications of silver and its undervalued status since the 1980s.
Colin Plume [22:27]: "Silver is still below its 1983 price, and there's no other commodity out there."
He elaborates on silver's diverse uses in technology and military applications, emphasizing its growth prospects amid increasing demand.
States Moving Towards Gold-Backed Currencies
Plume touches on the trend of states like Texas adopting gold-backed currency systems, arguing that such moves make financial sense by preserving state reserves' value.
Colin Plume [27:34]: "States are already accepting it for tax purposes. Gold is an asset that's going to go up in value, so it's advantageous for state reserves."
This shift reflects a broader movement towards asset-based financial systems, reinforcing the stability and growth potential of precious metals investments.
Investment Strategies and Promotions
Concluding his segment, Plume discusses strategic investment approaches, including focusing on asset acquisition and diversification. He also promotes current offerings from Noble Gold Investments, encouraging listeners to consider adding precious metals to their portfolios.
Colin Plume [34:47]: "We're focusing on selling bullion coins and bars. These are solid investments for financial security."
Plume emphasizes the ease and benefits of investing in precious metals, positioning them as reliable assets in an unpredictable economic landscape.
Charlie Kirk wraps up the episode by reiterating the importance of strategic investments and political engagement. He underscores the critical nature of the Senate confirmations for the incoming administration's success and the role of precious metals in safeguarding personal finances against economic uncertainties.
Charlie Kirk [35:15]: "Make sure you protect that. It looks like Scott Besant has just wrapped up as the cameras are flooding him. That is a wrap for January Madness committee hearings. What are we looking at here?"
The episode concludes with a call to action for listeners to engage both politically and financially, ensuring they are prepared for the evolving economic and political landscape.
Notable Quotes:
Senator Rick Scott [05:24]: "There's a commitment by our leadership to get these done as quickly as possible."
Senator Rick Scott [08:15]: "There'll be a smear campaign, but these nominees are hardworking Americans who will change the direction for the better."
Colin Plume [19:53]: "All roads lead to inflation. That's why you're seeing alternative assets, gold, crypto, all these things really do well."
Colin Plume [22:27]: "Silver is still below its 1983 price, and there's no other commodity out there."
This episode of The Charlie Kirk Show provides listeners with a nuanced understanding of the interplay between political maneuvers in the Senate and the broader economic challenges facing the country. Through insightful conversations with Senator Rick Scott and Colin Plume, Charlie Kirk elucidates the critical importance of timely Senate confirmations and the strategic importance of diversifying investments to navigate an era marked by political contention and economic volatility.