Noble Gold CEO says Roslin Capital collapse left clients as top creditors
"Yeah, listen, it's a $100 million bankruptcy and you can go online and read about it. And it's, it's terrible what's happened because the biggest creditors on the bankruptcy are clients, unfortunately."
About this episode
Charlie Kirk speaks with Colin Plume, CEO of Noble Gold Investments, about recent moves in gold and silver prices and the risks of buying precious metals through different channels. Plume attributes the earlier run-up in prices to inflation concerns and what he says has been sustained central-bank demand for gold, alongside increased interest in taking physical delivery rather than holding paper claims. He argues that recent weakness reflected heavy selling of exchange-traded ‘paper’ positions, while physical selling was less pronounced.
Plume predicts the incoming Federal Reserve leadership will be constrained in its ability to raise interest rates and instead may resort to quantitative easing, which he says would be supportive for bullion prices. He also frames silver as a strategically important industrial metal, citing military and technology uses.
The latter part of the episode shifts to consumer risks in the physical market. Kirk recounts an anecdote about an allegedly counterfeit bar described as gold but found to be plated tungsten. Plume advises buyers to check dealer reviews, be wary of prices ‘too good to be true’, and ensure a seller will buy back what it sells. He also claims a prominent dealer, Roslin Capital, has gone into bankruptcy with customers among the largest creditors, and warns listeners to be cautious of long delivery delays.
The conversation ends with discussion of a US Mint commemorative dollar coin and on-air promotion for Noble Gold’s services.
Key takeaways
- Plume links gold’s earlier rise to inflation and what he describes as sustained central-bank buying.
- He says heavy selling of paper gold/silver positions drove a pullback even as physical selling was limited.
- Plume predicts no near-term interest-rate hikes and expects some form of quantitative easing.
- Kirk cites an anecdote about alleged plated-tungsten ‘gold’ found in retail packaging.
- Plume advises verifying dealers, avoiding below-spot bargains, and prioritising sellers willing to buy back metals.
- Plume claims Roslin Capital is in bankruptcy and says customers are among the largest creditors.
- Brief discussion of a US Mint 1776–2026 commemorative $1 coin and warnings about gold-plated marketing.