GOLD SURPASSES US TREASURIES AS TOP ASSET FOR CENTRAL BANKS

Ajouté : 2026-06-03

[00:00:06]And now, the world's most exciting podcast, The Savage Nation, home of borders, language, culture. Here he is, Michael Savage.

[00:00:19]Hey everybody, look, I'm going to talk about gold. I'm a believer in gold. I have gold. I've been buying gold since 2008. It's always gone up. It's in a dip right now. say, "Oh, well, why are you selling gold when gold is down?" Well, nothing keeps going up relative be worth $10 million a coin. So, there are dips and that's the time to buy gold, which is now. That's my belief. Shannon, what do you think?

[00:00:42]>> Yeah. Well, great to be with you again, Mike. Um, we've got the band back together, I feel like. But, yeah, you it's I mean, historically, that's what they do in the stock market, right?

[00:00:53]>> Um, yeah, there's been there's been a pullback. I don't I don't know if you look at the charts like we do daily, you know, and I've got the numbers in front of me. If you look at silver, for example, it got it got a huge correction um about 60 days ago, definitely. But uh it's still up over 30 days. It's still up almost 30% over the last 6 months. I think it's a historical opportunity to buy silver and gold's no different, right? Gold is still $260 up in six months. uh $1,200 up an ounce in 12 months. Ah, >> so you know it it it yeah there's been there's been a pull back and you know every market no matter which one you're in it it inhales and exhales, right? So we had a big big exhale um after a after a monster inhale. I mean >> I think it's good to to buy a little gold during a time like this. But what let's talk about retirement if we can. I think a lot of people listening >> know that gold is solid and it goes up and down. They're not expected to keep going up every time. What do you mean when you say retirement is trapped in a collapsing system? What does that mean?

[00:02:01]>> Yeah. Well, I think like just just reading a report this morning that I got up in front of me. I mean, we've got 16 616 billion in in interest payments that it hit an all-time record. So, you know, our debt is unsustainable. You know, Michael, when when you're talking about a a debt system like that, that's what we're talking about. the the foundation is cracking. You know, the national debt is massive. The interest payments are massive. And when you're 35 years old, you can ride a storm out, but if you're 60 or 65 or 70, you know, the the goals are different. And so, you know, Mike, I think people are starting to see that, you know, things aren't as stable as they once were.

[00:02:45]>> Well, it's pretty bad with the war going on right now. And I just read a few minutes ago that part of the settlement with Iran is that Trump wants to give him a $300 billion so-called investment fund.

[00:03:00]>> You know what that's going to do to inflation?

[00:03:02]>> Yeah. Which is >> printing the money. Just print more money. Build the ballroom. Build the UFC tower in front.

[00:03:10]>> Oh.

[00:03:11]>> Well, I mean, look, I'm a friend of Trump. I support Trump, but there's a limit to how much money we can keep spending on these things. And this is an inflationary all of it, Shannon.

[00:03:21]>> Big time. We're up 6.4% in in in our in our interest payments alone. And that's driven by nearly $40 trillion of debt. Um, you nailed it. We were just looking at that this morning uh here in the office getting the day started. the ballroom. I mean, doing a UFC fight at the White House, to me, it's diabolical.

[00:03:43]Um, while people are struggling right now, people are struggling. I mean, you know, if the war wasn't going on and I don't know how much I believe that narrative and and I know you're a friend of Trump's and you know, I think we all have our perspective of it, but you know, people are not in his position in the real world. You know, they're struggling with mortgage payments. The average person doesn't care about uh the ballroom. They're never going to go to it. They don't care about the UFC fight.

[00:04:11]They're not invited to it.

[00:04:13]>> Correct.

[00:04:13]>> They'd rather have some stability in their retirement savings. And then and then having many parties as you want, but please stop spending like crazy.

[00:04:22]It's killing us.

[00:04:23]>> Yeah. Yeah. Look, the dollar doesn't usually collapse overnight. I mean, nothing really does. I mean, even when we had that big correction in 2008, >> Yeah. it it took what seven days for it to flip upside down. That didn't even happen overnight. 7 days is pretty quick. So things can change quickly. So be careful where your money is. And that's really what we educate people on is just true diversification.

[00:04:47]But you know what people are worried about? You nailed it. Not a UFC fight, not a ballroom. They're worried about when they go to the grocery store, when they go to the gas pump, when they open up their insurance bill, they look their property taxes. And you nailed it.

[00:05:02]People call this inflation.

[00:05:04]>> 39 trillion dollars.

[00:05:06]>> Shad, >> that's over $39 trillion. You know, people are trying to get their money out of the market. We've been talking about that. I just heard today um you know, $15 billion in remember I was educating you on what redemption requests are.

[00:05:18]That's people wanting their money back.

[00:05:20]Yes.

[00:05:20]>> Um they it it's how much money people want back right now out of the private market, which is a whole another ball of wax we're not addressing. But >> they want how much back out of the market? 15 billion out of these private credit funds. Private credit has been funding our our system for quite some time. But for the first time, more money is coming back out than going in. And if money's not going in, the system doesn't work. And it's just another crack in our system in which I was referring to earlier. And so it's just the mathematics, they don't they don't add up.

[00:05:53]>> Well, let's talk for a minute about we know the debt is crazy. $39 trillion.

[00:05:57]And I've been screaming about this for years. Fiscal conservativism means fiscal conservativism. It It doesn't mean spend like you're insane. It means if I spent like this and my credit cards were blown out, I'd lose my credit cards. The government has no one to take away their credit card and say, "You're finished. We're going to cut up your credit cards. You're spending too much."

[00:06:18]No one says that. So, they keep spending and spending. So, $39 trillion and growing and Americans are buried in debt. Shannon, the US bond market is under pressure. What the heck does the bond market mean? I don't even know what it means.

[00:06:33]>> I know not a lot not a lot of people do, but when bond rates go up like they are now, that is not a good thing for regular American families. You know, this is where everything connects.

[00:06:46]American families, like you say, are in debt. The government is in debt.

[00:06:50]Corporations are in debt. And the bond market is the plumbing underneath the whole financial system, which most people watch just the stock market, but the bond market tells you how much confidence investors have in debt.

[00:07:07]>> And that's why it's important when the government borrows more money because that's the mechanism there, the bond market, the treasury market.

[00:07:13]>> That that's the issue. More debt. If buyers demand higher rates, borrowing gets more expensive. We're just talking about inflation and bills, but when borrowing's more expensive, now we're talking about mortgages, car loans, you just mentioned it, credit cards, business loans, government interest payments. It's all it's all relative, but it always comes back to the consumer, Mike. That's the whole the whole thing. And >> when we say bonds, we mean government bonds, basically. Correct. So government when interest rates go up on government bonds, it's not a good sign.

[00:07:47]>> Nope. It's actually a bad sign. It is.

[00:07:50]>> I mean, look, let's be honest. We're selling gold here. That's why physical gold and silver makes sense to me. Or else I wouldn't be talking about it.

[00:07:57]They're outside the debt machine.

[00:07:59]They're outside the printing presses, right?

[00:08:02]>> Yes, Mike. Yeah, of course. I mean, it it it I mean, look, central banks are buying more than they ever have. And there's a reason for that because if they if it was bonds, they would be buying those. If it was treasuries, they wouldn't own more gold than treasuries.

[00:08:17]And so, you know, in a world built on debt, it it you not going to work anymore. And that's why we're seeing some of the things we're seeing today.

[00:08:25]But it's masked >> by what's going on in Iran. And obviously, that's a big deal and you need to pay attention to it. But it's masking all these underlining situations. That is that that's what kept, you know, even though gold and silver have taken a little haircut here in in really just profits because it's still they're still both at an all-time high. very much over an all-time high.

[00:08:48]So, you know, you see it, you're a big believer in it. I mean, you shared your story, which, you know, I'm sharing that story with my friends and family of when you first bought gold and why you bought it. So, nothing's changed from that mindset today.

[00:09:01]>> Well, it's certainly gone up since 2008 when I started buying it from my original radio sponsor. And uh yeah, it's a good deal. I mean, but look, it it's a world that is built on debt right now. And although we have a Republican administration, they're spending like crazed socialist Democrats, like there's no tomorrow. And that's why I have to ask you, Shannon, okay, people are listening say, "Okay, Savage, we're sold on it. We want to buy some."

[00:09:32]What should they do right now to do this? How do they get into this in the right way? Shannon, >> yeah, I think um I think the first thing is don't don't ignore some of the some of the warning signs that that you're seeing, you know, that that you're talking about.

[00:09:48]>> Um, you've been around the block many more times than me, so you know, you would be a person I listen to. Um, and I do. So, >> thank you very much for listening to me and being the sponsor.

[00:10:00]>> Well, you know what you're talking about. I think experience trumps knowledge in some cases. And you've got the experience and and so do we and so do I.

[00:10:09]>> I'm not selling Bitcoin. I'm not selling cryptocurrency. I don't believe in them.

[00:10:13]Maybe you guys are also in that business. I I wouldn't promote it. I'll be honest with you. I I mean, I don't believe it. I don't believe in in things that are basically digital that have no fundamental value. You say, "Well, what is gold? Where's the fundamental value in gold?" That's the basic question.

[00:10:29]>> How do you say gold has fundamental value? Why does it have basic value?

[00:10:33]Why?

[00:10:34]>> Well, because it's it's been around for it's never gone to zero. There's never been a bailout on channel 11 for gold and silver. And you already you've already answered one of the biggest questions is it's outside of the the money system and it's yours. It's control. It's peace of mind. It's simple. It's safe. It's it's it's not get rich overnight. It's stay rich forever.

[00:10:58]>> Um and really that's the mentality. So, you know, again, don't ignore what's going on right now is what I would recommend. Take inventory. Ask yourself, how much of my my retirement depends on the stock market? How much depends on bonds? How much is sitting in cash losing purchasing power every single year? How much depends on the dollar staying strong or even staying in the the form it's in now because that's changing.

[00:11:27]>> And so it's it's about how much do I own outside of all that. You know, Shannon, I got to jump in here because I read the other day and it shocked me that Trump wants to issue a $250 bill $100 bill >> with his picture on it. No, I'm serious.

[00:11:46]>> Oh, wow.

[00:11:47]>> He's actually having them draw up. They printed one. They made one a $250 bill.

[00:11:52]If that doesn't indicate frightening inflation, I'd like to know what does.

[00:11:56]>> I I I think Trump is diabolical to me in a way. And I don't say that. We can't say that to my listeners, Shannon.

[00:12:03]They're going to run. I I still support him on borders, language, and culture.

[00:12:06]But on on fiscal, on fiscals, I don't I don't support this administration on their fiscal policy at all. I'm not a fan of Bessent. I'm not a fan of uh the the crazy spending. Uh but the fact of the matter is when I saw that Trump wants to issue a new $250 bill, >> you know what it reminded me of? When I was a youngster, I went to Europe and Italy had currency that the more it was worth, the bigger the paper was.

[00:12:32]>> And I used to laugh at it. You know, the more the lera, no, that's Spanish or whatever. What? Whatever it was.

[00:12:39]>> Italy. Italy.

[00:12:40]>> Italy.

[00:12:41]>> Yep.

[00:12:42]>> And and like the bigger the LRA, the more the paper. And I said to myself, this is crazy. So, one day I'm going to get like a roll of lettuce, like a whole ball of lettuce that's going to be worth a thousand LRA. And and and you know, I'll tell you what really worries me, Shannon, talking about money.

[00:12:55]>> Yeah.

[00:12:56]>> France, new Franks, old Franks. When they revalued their currency, >> Yeah.

[00:13:01]>> they actually said, "Your old Frank is no longer valued at what it is." Let's say the old Frank was $100.

[00:13:07]>> No, I know the story. It was 30%. They took a 30% haircut.

[00:13:10]>> I couldn't believe what I was hearing.

[00:13:12]They just said, "Take all the money out of your pocket." I don't have any in my pocket right now. Let's say it's a $10 bill. That $10 bill is now worth $3.

[00:13:21]Yes.

[00:13:22]>> And the new dollar bill, the ndies, the new dollars will be worth what the real dollar is, right?

[00:13:26]>> Yeah. Yeah. So, it was it was it was flipped. It was So, your dollar now is worth 70 when it when it converted. The Italian lera when that converted, you lost everything. I actually have a a a a an employee here where his grandfather left his money like buried in the floor like old school stuff and then the son inherited which was his which is his father >> and he thought it was a fortune right >> and he thought it was a fortune he took it to the bank they've already switched currencies it was worth zero >> that's what I'm afraid of I swear to you Shannon it always worries me >> because I have cash in the bank >> yep >> in accounts I said what revalue the currency overnight, make up their minds.

[00:14:10]The old dollars are no longer valid.

[00:14:12]We're going to print new dollars with Trump's picture on it or Bessent's picture on it. Take away all your old dollars and throw them away. What?

[00:14:20]>> Well, at some point that has to happen because of how un or it's either. So, you got two options. If they just keep printing more money, printing more money, printing more money, printing more money, inflation goes up. Wait till this oil shock hits. It's going to be nuts. And then you've got you've got that scenario, which this is what they do, right? Quantitative easing, quantitative tightening. Yeah, that doesn't work anymore. That's why stable coin was written into law July 18th of last year by by Trump. At some point, it our currency has to change over to lessen this debt because we're going behind each and every year. One point I $1.7 trillion is our deficit give or take. Let's say we own gold and we own gold bullion, gold coins, how whatever you guys sell.

[00:15:05]>> Yeah.

[00:15:05]>> Uh can the people do they get do they get this >> to take do they keep it in their house or their bank?

[00:15:12]>> Here's what I'll challenge the listeners to think about. So if you've got a half a million dollar sitting in an IRA, right? We'll start with that scenario and it's sitting and remember whatever it's in, it's not truly diversified because it's all in a dollar. And so why wouldn't you want to take some of those dollars and just shift that into something that stores the value? You're not getting rich, but if the market I mean obviously you can grow in in in in return, but why wouldn't you want to move some of that into a safe, peace of mind, sound asset that you don't have to worry about that's been around forever? or if you've got money in the bank like you're saying, say you've got a $100,000, why wouldn't you want to move 50 if you don't need it? Obviously, if you're not living off of it.

[00:15:59]>> Okay. So, let's say they call up your company and they say, "I want to put 25,000 bucks into gold." What What do they actually receive? What >> they receive $25,000 in gold. If it's silver and gold, it's gold and silver.

[00:16:13]It's silver, gold, platinum. They receive that. We handle all the logistics. We handle the shipping. You ship it in a in a it's not a marked package saying gold in here when the mailman can rob it. Okay.

[00:16:24]>> No, not at all.

[00:16:25]>> Gold in this package, right? Comes come take it. So, it's a a package with no markings on it >> and it has and it's not sent all at once.

[00:16:34]>> People once they get it, what do they do with it?

[00:16:36]>> Well, it's insured until they actually sign a release for it. I think I know that.

[00:16:40]>> Yeah, that's one of the biggest things you have to understand is is they're not just going to drop the box on your doorstep either. But yes, it is very discreet.

[00:16:50]>> But but they don't drop it on your on your doorstep and then walk away like it's an Amazon box.

[00:16:54]>> That's important to know.

[00:16:55]>> You you actually Yeah. So, we've got a whole fulfillment department who actually calls lets them know that there's a client portal that they can track their order through and then they're tracking their order. My fulfillment me my fulfillment manager calls them and says, "Hey, your your shipment's on its way. Track it. It's in your portal." They can keep on on the portal the whole time. And then they have we let them know you have to be home or your wife or vice versa. You have to be home in order to sign and release it. Once you sign and release for it, it's yours. It's out of the money system. You don't >> do whatever you want with it under the mattress in your bank in a bank in a bank vault.

[00:17:34]>> Yeah.

[00:17:34]>> Or in a safe in a country house or whatever you want to do with it.

[00:17:38]>> Uh, you know, we provide safes for our clients depending on the purchase. You know, I would prefer they did that than store it in a bank and then worry about what if the bank goes on there.

[00:17:48]>> What if the which happens every single year? FDIC comes in, takes over on a Friday, you wake up on a Monday and now you're in line trying to get your money out, but it's not there and your gold and silver wouldn't be either. So, there's other options. There's depositories outside of every uh state that that you're in that store it. It's an independent facility. It's an international facility, vaulted position, even if it's your personal holdings. We help our clients set that up and and it's insured through Lloyds of London, which is the oldest insurance company in the entire world. Uh so I I think you you might want to think about where you put it rather than the bank.

[00:18:29]>> You know, I got to end with one thing, Shannon. I' I've had other gold sponsors over the years. Everyone knows that.

[00:18:34]>> Yeah.

[00:18:35]>> American Alternative. You just said something. American Alternative, that's the name of your company, correct?

[00:18:40]alternative >> American alternative.

[00:18:43]>> Um, you know, not all gold companies are the same. I think we need to tell people that >> some of them are not truthfully, without knocking anyone, they're not all to be trusted as much trust your company.

[00:18:56]>> Yep.

[00:18:57]>> And you back it up. You just told me that.

[00:19:00]>> You back up the shipping.

[00:19:01]>> Y it's signed for.

[00:19:03]>> Y >> quality of the gold coin even that you're selling.

[00:19:06]>> Yep. is sort of dependent upon the company you're buying it from. Even it may be called an American Eagle, but there'd be companies out there that may be faking it for all I know.

[00:19:14]>> Yep. 100%. I mean, we buy it's all investment grade metals. You got you got your bullion, your semi your semi- numis numismatic, your numismatic numismatic is your your pre933 stuff. Where is it? It's not >> purity wise it's not eligible per IRS guidelines for a retirement account. So that's more of your collector. So we've got it all. We've got it all. We've got the knowledge. It's really about the journey, but it really just starts with a phone call, making a friend, having a conversation, breaking down where where are they now, taking inventory, looking for what the real concern is or need, hopefully provide the solution for that.

[00:19:57]If it's us, great. Definitely a company you can trust. You know, we've been around quite some time now. incorporated back in 16 2016. Um, we've got great reviews, but I think more importantly, we've got a really good system and a really good crew.

[00:20:11]>> American Alternative Assets, Gold and Silver, great sponsor on this show. And folks, if you listen this long because you like what I have to say and you see what you like and you like what you see, I want you to listen to what Shannon has to say about how you can jump into the gold market with the most reliable company in the business, American Alternative Assets. Please support this sponsor. It's so important to this show and to your own future. Thank you so much for listening. Shannon, take it away. It's all yours. Mike, uh, just grateful to be with you and and and have an opportunity to speak with you and and the listeners and, um, again, it just it starts with a phone call, making a friend. That's all we're here to do initially. And, uh, we'll point you in the right direction, no matter what what what works for you. So, >> how what number I don't even have the number in front of me, Shannon, to show you that I'm not prepared for this. Are you going to close with a number? Is that how we do this?

[00:21:11]>> Yeah, let me give you a number. you. I'm gonna give them actually my direct number. That's how that's how special I feel.

[00:21:18]>> I'm writing it down because I'm gonna buy something from you the minute we get off the air. I'm buying some. You sold me.

[00:21:24]>> Call me direct at 8187438815.

[00:21:29]>> Hold it. 8187438815.

[00:21:33]>> You got it. Yep. Call me direct if I don't answer.

[00:21:37]>> Wait. 8187438815.

[00:21:40]8187438815.

[00:21:42]That's direct to Shannon.

[00:21:44]>> Yeah.

[00:21:44]>> Okay. You'll answer all their questions and take care of all of the needs of those I'll put them in the right hand for your for your nation. Uh 100%. I'm willing to back that and put them in the right hands. I've got >> How many you have any gold coins this big?

[00:22:00]>> What is that? A kil What the heck? What do you got? A kilo there?

[00:22:04]>> What is this? It's a magnifying glass and a paper weight. But I'd like a gold coin this size. Yeah, we I was just looking at a kilo coin. It was It was beautiful. It was a maple leaf and it was >> a kilo >> a kilo of silver coin. It uh I think it was MS70. It was Oh, man. It was beautiful.

[00:22:23]>> One of my vendors brought it in the other day. It was one of the the prettiest coins I've ever looked at in my life. It was like indented with the maple leaf. It was a Canadian minted coin.

[00:22:34]>> You sell maple leafs, but you sell the American Eagle, the maple leaf. What else?

[00:22:39]>> Everything under the sun.

[00:22:40]>> So in Europe is aren't there like there'sn't there one from Austria?

[00:22:44]What's that one?

[00:22:44]>> Yeah. Yeah. Yep. It's the Perth Mint.

[00:22:46]That's called the Perth Mint. And and if you've got some Australian minted from the Perth Mint gold andor silver, you're in business. That's for sure. They've got they've got more of the limited assets. there's more of a demand for it because there's less of it not only by by you know the actual supply demand but investor demand and those are some of the indicators that you're paying attention to and what we help people manage throughout the relationship is the drivers >> last time I checked and I remember years ago I bought eagles >> I bought Canadian maples there were some Austrian coins Austria not Australia do you are they are they still on the market Austrian from Austria. One of the gold coins was from Austria.

[00:23:34]>> You'd have to I mean, you you >> I hope they're still valuable. I don't even know what they were. I got a bunch of those over in the bank, too.

[00:23:41]>> Okay. Yeah. Give me the I I can I can uh give you some some pricing on what that would be worth today. Have your have your people send it over to me. I I'll I'll tell you what you got sitting there. It's worth It's worth a lot.

[00:23:53]>> What? The Austrian dollar.

[00:23:55]>> Everything you got there. All right.

[00:23:58]Shannon gold is worth a lot today.

[00:24:01]>> What hours are you available for this?

[00:24:03]8887438815.

[00:24:06]Shannon, what?

[00:24:07]>> Yeah. Anytime after 6:00 a.m. Pacific Standard Time, I'm in the office. I'm one of the I'm not one of I am the first in and I'm typically one of the last out.

[00:24:17]>> 8187438815 Shannon Davis American Alternative Assets. I have owned gold and you should own gold. Go to getsavagegold.com or call 855gld99 getsold.com 855 gold-99. Listen, I'm going to tell it to you one more time. That's how important this is. Go to getsavagegold.com or call 855gld99.

[00:24:48]Go to getsavagegold.com or call 855 gold-9.

[00:24:53]Thank you for taking care of my people here on the Savage Nation.

[00:24:58]>> I love it. Thank you. Have a great weekend, uh, Mike. I look forward to talking to you again.

[00:25:03]>> Thank you. See you soon, >> buddy. Bye for now, >> Savage.

[00:25:08]>> Well, thank you very much for listening to today's podcast. I hope you've enjoyed it and you'll learn something from it. We have about 400 other episodes available for you to listen to absolutely free. You can go back into our vast library of podcasts and listen to any one of them at any time. And remember this, if you want to listen to my podcast adree, sign up for the Savage premium membership and get access to adree podcasts as well as some premium content from our Savage archives. How do you sign up for those adree podcasts?

[00:25:41]Please visit michaelsavage.com for a link. Again, thank you for your listenership. This is Michael Savage.