Part 4 -- MAGA Turns MIGA; Your Pastor Might Be on Israel Payroll; Dissecting Companies Selling Scam Gold to IRAs; PLUS MORE
Thomas Paine Podcast
mike moore
4.6 • 1K Ratings
🗓️ 10 December 2025
⏱️ 30 minutes
🧾️ Download transcript
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| 0:00.0 | is they cannot mint any coins that cannot be distributed in Canada. |
| 0:04.5 | So what they do is they mint the coins and they mint like a small batch for Canada, |
| 0:08.8 | like maybe 5,000 coins that they sell on their website or whatever |
| 0:12.1 | and make it available to the public in Canada. |
| 0:14.2 | But then what they do with the United States market is they say, |
| 0:17.2 | hey, you, Augusta precious metals, have the exclusive distribution rights to this coin in the |
| 0:22.4 | United States. So no one else can enter into the primary market for that coin. Only Augusta |
| 0:27.2 | can sell, for example, the silver canadian half-ounce bald eagle, which is one of the, the first |
| 0:34.1 | coin that I had helped broker for them with the distributor. |
| 0:43.2 | And now you might say, well, why would they do a silver Canadian eagle? |
| 0:47.5 | Well, they do a silver Canadian eagle because people who want to call and buy a silver American eagle, it's a very easy sell to say, oh, we have the silver Canadian eagle. |
| 0:51.8 | It's a much nicer coin. |
| 0:53.1 | It looks or not nicer, you know, whatever it may be. |
| 0:56.1 | And so then Augusta having that primary market and the sole ability to sell that coin in the |
| 1:02.6 | U.S. market has control over two things. |
| 1:06.7 | Supply and demand. |
| 1:09.1 | And as you know, Andy, the two major things in any economy are supply and demand. |
| 1:13.0 | That's what controls pricing. So if I control the supply and I limit mintage to 250,000 coins, for |
| 1:19.6 | example, and then I'm talking to my clients on the phone and I'm telling them, hey, we're only |
| 1:23.9 | minting 250,000 of these. And this is also part of the reason why these coins are so |
| 1:29.0 | expensive, then the client, understanding those two basic economic principles, we go, oh, okay, |
| 1:34.9 | yeah, this makes sense. And they call them exclusive premium. They hype them up, all that kind of |
... |
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