4.6 • 682 Ratings
🗓️ 31 August 2023
⏱️ 5 minutes
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0:00.0 | Sharon's in Greenville, South Carolina. |
0:07.0 | Hi, Sharon. |
0:08.0 | Welcome to the Ramsey Show. |
0:09.0 | Hi, thank you. |
0:11.0 | What's up? |
0:12.0 | I am 75 years old, a recent widow, and we have some lakefront land for sale in South Carolina, and I was recently offered full price, $600,000 in physical gold. |
0:27.1 | And I'm having a heck of a time finding any good advice as to the advantages and disadvantages of accepting physical gold in payment for the land. |
0:37.8 | And I've listened to you for years. |
0:39.8 | And it occurred to me, I need to call Dave and see what he would recommend. |
0:48.6 | Okay, number one, if this is real, you don't know. |
0:54.7 | It is. You laid eyes on a big giant chest full of gold bullion? |
0:59.5 | That's what I got in my head. |
1:01.2 | No, no. I know. I can clarify. |
1:05.6 | I know the person who is offering the deal very well, and he is a wealthy person who owns a large company |
1:11.3 | that does work in four Southeastern companies, so he's legit, you know, not a difficult |
1:18.1 | person to check out. |
1:19.6 | Then why doesn't he just pay you? |
1:23.5 | What do you mean? |
1:24.3 | Why doesn't he just close the land? |
1:26.4 | I mean, sell the gold and pay you in cash. |
1:31.1 | Well, I would ask him that question. That's a good question to ask. He told me he has been buying gold. He's a great believer in the gold standard for the U.S. |
1:39.7 | And since he started his company at 18 and he's 80 now, he has accumulated all this physical gold. |
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