Healthy Gold Dip Ahead? Insights on Corrections, Electronic Money Dangers, and Shanghai's Instant Gold Seller
Podcasts > Hard Money Matters
Hard Money Matters is a weekly radio program originating from Sarasota, Florida and featuring John Maben of Pegasus Coin & Jewelry, and hosted by overnight talk show host Kyle Warren. Each week John and Kyle discuss the precious coin and jewelry marketplace, how it fits into the contemporary investment world and how folks can access the large inventory Pegasus has to offer
The show airs Saturday afternoons at noon on AM 930 The Answer in Sarasota. Listen each week LIVE here, call John at Pegasus Coin & Jewelry at 941-725-6100, visit their website
Saturday, November 8, 2025
In this insightful edition of Hard Money Matters, hosts Kyle Warren and John Mabin of Pegasus Coin and Jewelry break down the current state of gold, which has pulled back from recent highs near the $4,000 mark (with broader 2026 volatility seeing peaks above $5,000 before sharp corrections), describing it as a healthy, logical trend amid stock market parallels—encouraging experienced buyers to hold long-term rather than chase quick flips, while sellers capitalize on still-elevated prices amid steadier selling than buying activity at the shop. They explore why physical metals suit patient accumulation over day-trading (better left to ETFs like GLD or SLV), dismiss notions of a U.S. government gold revaluation like in 1933 as improbable in today's global market, and reflect on the shift away from the gold standard in the 1970s, weighing nostalgia for backed currency against modern risks of fully digital money—including privacy loss, tracking, potential control in extreme scenarios, and the fading role of cash. The duo examines an innovative Shanghai gold-recycling ATM that melts and assays jewelry for instant bank transfers, praising the tech but cautioning on wait times, potential glitches, theft/laundering vulnerabilities, and the irreplaceable value of human expertise in face-to-face deals. They deliver a strong warning against modern commemorative coins and TV/shopping network purchases, which rarely appreciate and often yield far less than paid due to high production volumes and marketing hype—sharing a personal anecdote about low resale on non-precious items. Emphasizing building relationships with reputable dealers for real value retention in collecting or investing, the episode blends market updates, historical context, futuristic concerns, and practical advice, all with the standard disclaimer that opinions aren't investment advice and precious metals carry risks of loss. Stop by Pegasus Coin and Jewelry in Bradenton for free estimates or tune in next week!