Dave Ramsey claims regarding gold are very misguided.

Let’s start with his belief that gold is more volatile than the stock market.

We are going to show you that that claim is false. Gold actually has less volatility.

Furthermore, when the stock market has dropped rapidly, gold has responded with a well-appreciated increase in price for those that diversified into gold.

Here are some examples from the past 30 years.

Over 18 months from September 7, 2007 to February 13, 2009 the S&P 500 dropped nearly 43% from 1453 to 831 points. That’s a very rapid drop that doomed the portfolio of many people. Gold responded by increasing 29%, going from $687 per ounce to $974 an ounce in that same time span.

We saw the exact same dynamic in 2019.

Over four months from December 19, 2019 to March 20, 2020 the S&P 500 dropped 26% from 3206 to 2375. A 26% drop within a narrow time frame is frightening. Gold responded by moving from $1477 on December 16, 2019, to reaching an all-time high of $2018 on August 3, 2020. This “yellow rock” paid off handsomely to those that diversified into gold by increasing 37% in nine months.

These increases in the gold price came in direct response to the stock market going backwards. Instead of telling his followers not to put anything into gold, Dave Ramsey should be imploring all stock market investors to hedge with gold!

In contrast to the stock market, gold has shown very little volatility.

The most dramatic change for gold was over 21 months from September 2, 2012 to June 3, 2013 when the spot price dipped 9% from $1,528 to $1397. This was after the Federal Reserve began to print exorbitant amounts of money to stop the bleeding from the Great Recession.

Gold is the perfect diversifier for stock market investors!

Ramsey and the anti-gold crowd like to contrast the stock market’s performance with gold’s performance.  This is misguided thinking. Gold’s best attributes is that it is outside the banking system, it is liquid, tangible, and outperforms inflation. History has proven that it is wise to hold cash in the form of gold. Those are the primary reasons that you we need gold. The fact that gold’s performance is worthy of comparison with the S&P 500, which is the most successful stock index in the world, is the fifth benefit that speaks to gold’s value.

Why do you think that the central banks of the world are right now buying gold at a record pace?! They know that the system is likely to breakdown soon and be rebuilt. The central banks know that the only way to build confidence in the new system is to back it with gold. It is time for you to become your own central bank and acquire gold!

Don’t adopt Ramsey’s dismissiveness towards gold, he is as wrong as two left shoes. Americans should definitely use gold as a diversifier, and also use it as an antidote for the impact that inflation is having on your savings. True inflation right now is well over 5%, but the banks give you less than 1%. Since gold historically outperforms inflation, use gold to store your wealth.

By using gold to become your own central bank, you don’t have to concern yourself with counterparty risk like you would at Wells Fargo, Robinhood, or Silicon Bank.  Globally, gold has no rival in terms of liquidity. In the USA, the dollar is gold’s only competitor in terms of liquidity. You can pick up your gold bars or coins and take them anywhere in the world you want. You’ll also be able to liquidate them at a published price.

Gold is discreet, mobile, and outperforms inflation.

So, the question is not “should I buy gold or stocks”? At this time in history your question should be, how much in stocks or cash should I get over to gold right now!?

Ramsey discourages his followers from acquiring gold, claiming that there is nothing magical about it:

Then why are the central banks of the world buying gold at a record pace right now? Many market analysts and fund managers, like Ray Dalio, are sitting on the sideline with cash in anticipation of a stock market collapse. The Federal Reserve can no longer hold off rampant inflation by raising interest rates. For those reasons, gold is only a few sunrises away from a fierce rally. Unfortunately, it will be in response to a stock market collapse. Insiders already know this.

If you would like a little bit of insight on acquiring gold, silver, or platinum give us a call at 800-960-6280. Visit our website at www.thegoldmarketplace.com. Buying packages is a great way to get low premiums.

The concessions to illegal immigrants in the United States is part of a plan that has been orchestrated by American economic elites. Currently they are implementing a third-world style economic structure.  We are living through a global economic reset whereas the American middle class will soon be non-existent.

This article will briefly explain what the global reset is and how this reset is happening right under the noses of Americans. It will explain why illegal migrants are a privileged class.

The Great Reset is a term that was first articulated in 1971 by the European Management Forum, which has come to be known as the World Economic Forum. The WEC’s “Strategic Partners” include 100 of the leading companies from around the world like Johnson & Johnson, Bank of America, Blackrock, and Google. The group’s agenda is to address capitalism’s weaknesses to create a more efficient global system. This involves cooperation by stakeholders, as opposed to competition. This is contrary to pro-capitalist rhetoric, which emphasizes competition as the essence of capitalism. The WEC also purports to seek strategies to address climate change and sustainable development; they’ve also agreed to help finance the United Nations climate change agenda.

There are a few more clearly expressed goals of the economic reset, as expressed by the World Economic Forum. This is where you come in. One of their goals is to use their resources to establish “digital governance”. This includes the efficient implementation of the Fourth Industrial Revolution—or 4-IR for short. Michael Rectenwald, author of numerous books related to the global economy, describes the 4_IR as follows:

The 4-IR marks the convergence of existing and emerging fields, including Big Data, artificial intelligence, machine learning, quantum computing, genetics, nanotechnology, and robotics. The foreseen result will be the merging of the physical, digital, and biological worlds, which presents a challenge to the ontologies by which we understand ourselves and the world, including the definition of a human being.

According to Rectenwald, The Great Reset favors unfettered immigration and their policies seeks to lower “the economic status of people in wealthier nations like the U.S. relative to that of people in poorer regions of the world.”

In summary, the reset seeks global governance by a coalition of corporations, governments, and institutions. The process will phase out smaller business entities that are not favored by the state. Machines and humans will come together in a way only imagined in fiction. The most privileged workers of the world, particularly those of the United States will be forced into a lower economic and social tier.

Americans are baffled by the concessions that are being made to the entitled hordes of illegal migrants.

Big business welcomes illegal migrants because this is a way of replenishing the labor force. They are replacing workers like you, that have more political capital, social capital, and much greater expectations in regard to living standard. The social consequences that are emerging from the illegal importation of your replacement, such as budget shortfalls, rampant violence, and the exclusion of Americans from social programs, is the problem of everyday Americans. It is your punishment for not being rich.

According to migrationpolicy.org, there were over 2.5 million encounters with illegal migrants at our borders for the year 2023.

In December 2023, the USA had 250,000 illegal migrants come into the USA via the border with Mexico, which is the highest number of illegal migrants for any month since the 224,000 that entered in May of 2022.

Americans generally direct their anger at the migrants themselves, however their discontent should be directed at the politicians they elect. Do you really think that a country with advanced aerospace and military technology programs cannot protect a border? I have news for you Americans. Those migrants are here to replace you! That’s why the business sector, via the government that is under their control, is making us American citizens pay to get low-earning replacements acclimated to our country. You Californians, New Yorkers, Coloradoans, and ultimately all Americans are paying out of our pockets for airline flights, bus travel, food, pre-paid credit cards and other concessions:

In January of 2023, I visited a storage facility that I’ve used for years. On every previous occasion, I was greeted by a competent English speaking person. The young woman that tended to me that day was a foreign person, her comprehension of English was poor, and the fulfillment of her responsibilities was poor. I eventually had to work with a competent employee to adequately complete my business with that company after the paperwork was done incorrectly by the cheap replacement worker that was there alone on Sunday. I had a similar experience at a convenience store. I asked for alcohol and the foreign worker directed me to beer and such. I explained that I wanted isopropyl alcohol and he had no idea of what I was referring to.

This is not the first time that big business and their representatives in government have used immigration to import workers with lower expectations as a tool to keep wages low.

Throughout the 19^th century American workers made considerable advancement, led by the National Labor Union and the Knights of Labor.

In response, from 1870-1900 over 12 million migrants and potential workers were invited to the country from Eastern Europe, Southern Europe, and China. Today about 14% of Americans are migrants, which is tied for the highest percentage in history with immigration in the late 19^th century. Immigration in the 19^th century  was in response to advancement of the American labor movement.

The goal was to import cheaper workers that were not politically astute.

That is what is happening now in the midst of the economic reset that we are experiencing. Americans are seeing the effects on the ground, but are unable to mount a force against it. American society is living in  a new world of hyper-inflation, debt, and low wages.

Throughout 2022 prices were up 6 to 9 % beyond prices in 2021, according to the Bureau of Labor Statistics. Throughout 2023 prices were up 3-6 % above prices in 2022. The Federal Reserve and the Biden regime have extolled these numbers as evidence that the USA economy is on the right track.

However, the Biden regime has been dishonest with Americans regarding the condition of the American economy. According to the U.S. Department of Agriculture, the cost of food rose 11.4 % in 2022 and another 5% in 2023. From January 2020 to December of 2022 the median cost of a home rose 46%. You can clearly see that necessities like food and housing are higher than the inflation numbers released by the government’s Bureau of Labor Statistics.

Wages and salaries increased 5.1% for the year 2022 and 4.3 percent for 2023. When adjusted for inflation, the 2023 federal minimum wage in the United States is around 40 percent lower than the minimum wage in 1970. These numbers indicate that the American middle class and the working class as we know them are currently being eradicated. To survive with these jobs, you’ll need to live with more than two working adults to a house.

According to the Mortgage Banker’s Association, mortgage delinquencies are up significantly for the fourth quarter of 2023.

The San Francisco Federal Reserve asserts that Americans have depleted their savings as of December of 2023.

According to the Bureau of Economic Analysis, while working class Americans are becoming poorer, corporate profits were up 22.6% for 2021 and 9.8% for the year 2022. While the middle class is eroding, the rich are getting filthy rich.

Throughout 2022 I noticed that Americans had grown increasingly unhappy and confrontational with each other. Inflation had grown out of control in my home city of Houston, Texas. Parks that used to have a homeless person or two, began to serve as home for droves of Americans that have fallen on hard times. By all reports that were coming in from the rest of the country, it really seemed like the United States as a nation was experiencing a rapid economic and social decline.

By early 2024, I noticed that things had gotten worse. Prices are higher, customer service is poorer than ever, and you no longer get a bang for your buck, or not even a pop!

So let me put the pieces together for you. The USA’s financial sector, along with their global governmental and corporate allies, have orchestrated a global economic reset. They are dealing with the decline of the dollar by becoming excessively rich. The costs of the devalued dollar are being absorbed by the middle class and the working class. The 1% that the banks give you doesn’t come close to the high rate of inflation. Meanwhile the bankers are making 14% on the dollars that they are holding for you.

The chances of the American people uniting as a formidable coalition to undermine the plan to institute a third world economy is slim to none. The cultural, racial, and social divisions of working-class Americans are too strong to mount a meaningful challenge

The illegal immigrants represent a new class of protected residents.

Because of the new privileged labor force, middle class and working class Americans will be forced to accept lower wages, lead a more minimalist lifestyle, move to Mexico, or take up residence in the local park.

It is time for Americans to be proactive in establishing an alternative plan or two for their income strategies and retirement strategy, and perhaps take this opportunity to reset ourselves.

Don’t put all of your reserves in the bank. It would be wise to hold some of your reserves in gold. Establish some self-generating sources of income. Throughout the course of your day, don’t forget to nourish your spirit.

This article addresses the characteristics, pros, and cons of graded bullion coins. It will conclude with a verdict as to whether graded bullion coins are wise investments or just novelty items.

This is the third part in a 3-part series that addresses: 1) bullion coins and bars 2) collectible coins 3) graded bullion coins.

As I described in Part I of this series, the term “bullion” generally refers to coins or bars whose value is linked to the spot price. The graded bullion coins carry a higher premium, because their condition is verified by a third-party grader.

Graded bullion coins have grown in popularity over recent decades. The emergence of the top coin grading agencies, the Numismatic Guarantee Corporation and the National Coin Grading Service, have played a central part in the growth of this market. The most popular graded bullion coins in the USA are the coins that are minted by the United States Mint, such as the Eagles and the Buffaloes.

Dealers use a combination of three factors to justify the higher premium of graded bullion: 1) the high grade of 70 or 69 by a top grading agency; 2) whether the coins are a First Strike; 3) a signature on the label of the coin by a well-known politician or coin designer.

High Grading Scale

As I mentioned in Part 2 of this series, the highest grade on the Sheldon Scale is 70. Most of the newly minted Brilliant Uncirculated coins will come back a perfect 70. However, a lower percentage of them will grade at perfect 70 than collector coins like the Proof (PF) coins or the commemorative coins. There is greater effort to perfect collector coins like the 2009 Ultra High Relief coin, which is a collectible. There is a legitimate claim that modern bullion coins in a perfect Mint State 70 are lower in number than the commemorative coins. Graded bullion can be a wise investment.

Early Strikes

Dealers charge a higher premium for bullion coins when there is something distinct that might make the coin more valuable upon its release. A coin might be a “First Strike” or “Early Strike”, meaning that it was sent over to a third-party grader, like NGC, within the first 30 days of its release. A 2019 Gold American Eagle MS70 is listed at $2106 and the First Strike for that year is listed at $2181. The MS70 Gold Eagle for the year 2020 is at $2106 and the First Strike is at $2356.

Signatures

Coins with the signature of well-know engravers and politicians on their label can increase the asking price. The key here is to verify the value of the coin with a reliable source like The Official Red Book or the PCGS Price Guide. For example, PCGS has the 2016 Gold American Eagle (30th Anniversary) with a Mint State 70 grade valued at $2,485. They have that same coin with the signature of former Mint Director Ed Moy on the label at $6,100. Unless the value can be verified by a third-party like PCGS or NGC, you might want to hold off on signed bullion coins with a high premium.

Availability

Modern bullion coins with a high grade are highly available, especially in the year they are issued. Today’s technological advances in the minting process yields a much higher frequency of perfect coins. Furthermore, the coins are never circulated like the pre-1933 coins that were actually used as money. Additionally, many coins are shipped directly to the grader, which cuts down the chance of damage to the coin. They are not considered rare, however the years that have a low mintage will sell at a higher price.

Profit Potential

The graded bullion coins can have very strong profit potential. This is largely contingent on the mintage figures. For example, the 1996 $50 Gold American Eagle had a mintage of only 189,148 coins. PCGS has the asking price of that coin with a MS70 grade at $11,500. In contrast, there were 1,468,530 $50 Gold American Eagles minted for the year 1998. The PCGS Price Guide has that coin listed at only $2,617.

High premiums

Graded bullion coins come with a premium significantly higher than ungraded bullion coins. Currently the PCGS Price Guide has the 2022 $50 Gold American Eagle MS70 trading at $2,600. The 2022 Gold Eagle is the first full year for the new Jennie Norris reverse design. Two thousand six hundred dollars is currently a 54% markup beyond the spot price of $1,682. When the 2023 Gold Eagles become available in a perfect 70 grade, that would certainly be the time to buy them.

Some buyers choose to buy graded bullion coins that are essentially novelties with hopes that they will perform like collectibles. With a mark-up of 300%-500%, most buyers will never make their money back. The coins are often signed by a notable person in the world of precious metals, and that is the true value of the coin for the buyer. If that is not enough, the buyer will certainly be disappointed.

Liquidity

Graded bullion coins are liquid but not nearly as liquid as collectibles or bullion. With graded bullion, you should easily be able to liquidate through the dealer from which you bought. There are a number of local and online dealers that would be willing to buy your graded bullion. When it comes to liquidity, the collectibles have rarity and history working for it. Bullion bars and ungraded coins have the low premium working for it on the liquidation side. For example, The Gold Marketplace offers 97%-100% of spot on the liquidation side for bullion to our clients.

With liquidating the graded bullion coins there is much more gray area. It is important to have reasonable expectations, which may be closer to the market price instead of what you paid for them. The process is complicated further if the seller expects a higher selling price. If an exorbitant price is merely based on a signature on the label, they may never be able to liquidate for anywhere near what they paid.

So, are graded bullion coins wise investments or just high-priced novelties? This answer to this question will depend on the premium that was paid and the authenticity of the grading.

Again, the best buying strategy for graded bullion coins is to buy as early as you can in the year they were minted. Most years you will not know in advance if it will be a low mintage year. However, if a coin ends up being a year with a low mintage, the coin will fetch a very high price with a perfect 70 grade from NGC or PCGS.

Acquire these coins as early in the year as possible, with a perfect 70 grade. As an investor, I would suggest paying 20%-50% over gold spot price. According to the PCGS Price Guide, the increase in the asking price tends to be in that range every year. Once you begin to pay 100% over the spot price you significantly decrease the chances of seeing a profit in your lifetime. If you pay 300 or 500% over the spot price, you have likely assured yourself that you’ll never see a profit. Again, this is OK if you bought as a novelty and not as an investment.

1) make sure that the coins are graded by either the Numismatic Guarantee Corporation (NGC) or the Professional Coin Grading Service (PCGS).

2) if you are buying as an investor, avoid coins that are more than 50% over the spot price.

3) buy the coins as early as you can within the year they were minted.

No matter what you’ve done in the past, if you follow those 3 suggestions, graded gold bullion coins will likely perform well for you.

If you have more questions about the market or investing in physical precious metals, reach out to us anytime at 800-960-6280, and we will gladly answer your questions and concerns.

We appreciate you and we are looking forward to working for you.

God bless you,

Cullen Banks
The Gold Marketplace, LLC

This is a message to my fellow Americans.

Right now, the best hope for you to save the purchasing power of those dollars that you are holding in the bank is to buy gold and silver.

I am here to break the news to you:

WE ARE IN A RECESSION!!

We have had two consecutive quarters of regression in our country’s output. Over the course of the past 3 months we’ve had the highest inflation rate since the recessions of the early 1980’s. The inflation rate is ridiculously high and by the looks of things, it will not go down anytime soon.

If you are not following what’s going on, then you are sleeping through a revolution. The world is in the midst of one of the greatest wealth transfers and one of the most dramatic changes in the economic history of the world.

According to CNBC.com, the wealthiest 1% of Americans own 57% of private companies. The value of private businesses that are held by that 1% increased by 36%, or $2.2 trillion in the year 2021. For that same year, wealth that was held by the bottom 90% of Americans, declined from 30.5% to 30.2%.

The world is moving into a restructuring of the world economy; gold and silver will be the only truly universal form of money.

The world is moving away from an integrated global economy to a world with various spheres of political and economic influence. The shock of this shift is being felt in the stock market and we are seeing an increasingly devalued US dollar. The S & P 500, perhaps the USA’s most telling financial marker, is down 20% this year alone.

In an effort to save ourselves from the financial tyranny of central banks and irresponsible governments, the people of the world MUST save themselves by storing their wealth in gold and silver!

If you are a believer in Jesus Christ, Lord and Savior, then I suggest that you look to The Bible for guidance. The Apostle Paul explained in Corinthians Chapter 3, Verse 12, “Now if any man build upon this foundation gold, silver, precious stones, wood, hay, stubble; Every man’s work shall be made manifest…”. Notice Paul mentioned all tangible assets that will always be in demand.

It is Code Red right now if you are looking to hedge against hyperinflation. This ordeal that will be here before the year is over is going to be worse than the fallout from the Great Recession that began in 2008.

Irresponsible spending and debt creation by the US government has put our country in this position. Did you know that from the Obama administration to the Biden administration, our debt has ballooned over 3,000%? Hardworking Americans are facing the consequences of that debt every day.

The central banks of the dominant economic powers are on the same path that Zimbabwe has been on since the early 2000’s. Irresponsible money-printing resulted in an inflation rate of 1,281% in Zimbabwe for the year 2006. Zimbabweans citizens were patient – just as American citizens are right now. After years of broken promises, the inflation rate in Zimbabwe jumped 191% just for the month of June, 2022.

Zimbabwean citizens flocked to foreign currencies and by doing that, they forced their government to act to increase confidence in the Zimbabwean dollar.

So how did they begin to build confidence in the Zimbabwean dollar? By minting gold, which the world’s most trusted store of wealth! The Zimbabwean central bank has approved the minting of 3,500 gold coins to minted.

It is just a matter of time before the central banks of the USA, Great Britain, China, and Japan will have to go back to gold to instill trust in their currencies, both domestically and internationally.

The stock market is on borrowed time. We Americans will need to move decisively into gold if we want to preserve the purchasing power of our hard-earned savings. The average 401K is down 20% year to date. Does your heart or your mind tell you that the stock market will experience an amazing recovery this year?

Right now, gold is the absolute best safe haven. It has been so for well over 2,000 years before Jesus Christ walked the Earth.

The world is already in the midst of The Great Reset, which will lead to one of the most dramatic shifts in world economic history. This will result in a transition away from the dollar as the world’s reserve currency.

We don’t know what the world’s next reserve currency will be or if there will be more than one. Many scholars speculate that the International Monetary Fund’s SDR, which is comprised of various currencies, will be the world’s next reserve currency. Others posit that it will be a crypto-oriented unit of exchange? That part of the future is unclear.

The one thing we know for sure is that gold will hold its place as the only true real tangible money that we can rely on for certain.

If you have not already, we suggest that you put at least 20% of your liquid assets into physical, tangible precious metals coins and bars. You can bring back to life those hard-earned dollars that are wasting away in a savings account or under your mattress.

If you are held captive to a poorly performing retirement plan, it is not too late to save yourself. Did you work hard for those dollars in your retirement accounts?  If so then fight for those dollars! By the looks of the current financial market, you will save much more over the years by diverting those dollars to precious metals than you might have to pay in any penalties. History has proven that gold and silver are the most reliable way to preserve your wealth and we can also see that the stock market is on its last leg.

What happens next and how you prepare for it will profoundly affect your family’s financial future.

The predicament of most Americans reminds me of the ordeal of Rip van Winkle. When Rip van Winkle went to sleep, there was a picture of Henry VIII on his wall. When he awoke 20 years later, there was a picture of George Washington on the wall. What happened?!

Rip Van Winkle slept through an entire revolution. Don’t sleep through this inevitable financial transformation and don’t get caught sitting on your hands.

Within the realm of precious metals, there are various investment strategies. Gold and silver bullion coins and bars are a great low-premium way to get started. Collectible coins, particularly the pre-1933 American coins, are also a great investment. We advise buying them in a high grade or at least in extra fine condition.

Gold and silver are poised to skyrocket over the next 3 to 5 years. Even if you don’t love gold, you should follow the smart money into gold before it goes to the moon. The Gold Marketplace has authentic bullion and collectible products, and we guarantee the authenticity of our products.

We offer a wide range of high-quality tangible precious metals like gold, silver, and platinum. We offer a Gold and Silver Bullion Package that has the most inexpensive bars and rounds. Click here to see the Gold and Silver Bullion Package, it is a great offer. Watch this video for evidence that the market will collapse this year and gold will be the last safe haven.

If you have more questions about the market or investing in physical precious metals, reach out to us anytime at 800-960-6280, and we will gladly answer your questions and concerns. We appreciate you and we are looking forward to working for you.

God bless you,

Cullen Banks

The Gold Marketplace, LLC