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Disruptors

Paul Withers | Why Banks Don't Want You Buying Gold with Gold Expert Paul Withers

Disruptors

Rob Moore

How To, Society & Culture, Business, Marketing, Entrepreneurship, Education, Careers, Self-improvement, Investing

4.81.4K Ratings

🗓️ 7 February 2025

⏱️ 70 minutes

🧾️ Download transcript

Summary

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Rob talks with Paul Withers, founder of Direct Bullion, for a discussion about gold as the ultimate wealth protector. From predicting a 2025 gold surge to revealing why banks resist gold purchases, Paul shares insider knowledge from his decade of experience in the precious metals industry. They discuss everything from central bank gold holdings to why Warren Buffett avoids gold, offering listeners crucial info about protecting their wealth.

Paul Withers REVEALS:

  • His predictions for the value of gold over the next decade
  • Why banks actively discourage and block large gold purchases
  • Why gold maintains constant purchasing power over time
  • How Direct Bullion has a 75% customer retention rate, with some clients accumulating up to £5 million in gold over time
  • The mistakes the UK has made in currency and gold
  • Why central banks worldwide, including China and Russia, are actively buying massive amounts of gold

BEST MOMENTS

"We've lost millions. Like I'm talking millions through banks not allowing customers to trade in gold, like millions. It is frightening."

"People's wealth is everything to them, right? If you get to 65 and you lose everything, you don't have the life to go back out there and do it all again."

"I truly believe that we're going to see the biggest transfer of wealth I think ever in human history over the next 10, 20 years."

"They physically tell them, we will not allow this transaction. Why? Because it's gold.”

"Look at Trump, he's openly come out and said, we are going to make this a crypto safe country we want to jump on the bandwagon."

"You cannot keep having this huge amount of debt and not expect at some stage for it to go bang. Because eventually I know the amount of interest that we are paying is astronomical."

 

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ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

 

CONTACT METHOD

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LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

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disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

Click on a timestamp to play from that location

0:00.0

So Paul, what are your gold predictions for 2025?

0:04.5

I mean, you're really bullish on gold.

0:05.9

I'm very bullish on gold.

0:07.1

Yeah, I truly believe that everything that's happening geopolitically, everything is

0:12.0

how bad the economy is.

0:13.4

Everything that happened with the economy.

0:14.8

How weak the pound is.

0:16.1

It is all geared for another strong year.

0:18.9

30%, I think it's 32.5% last year.

0:22.5

32.5% gold went up in 2024. Yeah. Wow. I mean, that's Bitcoin level growth.

0:28.9

Yeah. Well, no, Bitcoin's even better than that, right? But this is you've got to understand

0:33.0

this is a low risk asset. Yeah. Yeah, a physical asset to get 30% in anything is fabulous.

0:38.1

Yeah.

0:38.5

And I can't see it stopping.

0:40.1

I think a minimum 15% for 2025.

0:43.8

Wow.

0:44.3

And why does gold go up when the economy struggles?

0:49.0

There's a number of reasons, but the main thing that we're going through at the minute, inflation.

0:53.7

Now, when you inflate the money supply, like what they have been doing're going through at the minute, inflation. Now, when you

0:54.2

inflate the money supply, like what they have been doing for a number of years.

0:58.0

31% cumulative inflation since 2020. So that means that people with money in their account,

1:04.8

their savings account that they believe is completely safe, they do not see that stealth tax.

...

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