The Iced Coffee Hour

“Dont Buy Bitcoin!” Why ‘The Rich’ Are Buying Gold, Diamonds, and Jewelry | TraxNYC


Listen Later

Noble Gold: Get your FREE Gold & Silver Guide at https://noblegoldinvestments.com/iced/

NetSuite: Download the CFO’s Guide to AI for FREE at https://netsuite.com/iced
ZipRecruiter: Try ZipRecruiter for FREE at https://ziprecruiter.com/ICH
ZocDoc: Go to https://www.zocdoc.com/ICED and download the Zocdoc App for FREE
Follow TRAXNYC:
On Youtube -    / @traxnycdiamondjewelry  
On Instagram -   / traxnyc  
X - https://x.com/TraxNYC
Apply for The Index Membership: https://entertheindex.com/
Add us on Instagram:
  / jlsselby    / gpstephan  
Official Clips Channel:    / @theicedcoffeehourclips  
For sponsorships or business inquiries reach out to: [email protected]
For Podcast Inquiries, please DM @icedcoffeehour on Instagram!
Timestamps:
00:00:00 - Intro
00:01:08 - Craziest thing Trax made from gold
00:02:51 - Do you always carry gold?
00:03:34 - Why he chose jewelry business
00:07:12 - His "lightbulb moment" in business
00:10:08 - Red flags of theft
00:13:52 - How he ended up in debt
00:15:27 - Sponsor - Noble Gold
00:16:45 - Early spending habits
00:20:33 - What set him apart
00:21:23 - Does jewelry business attract greedy people?
00:22:44 - People faking wealth
00:29:55 - Wealth levels & jewelry taste
00:32:51 - Sponsor - NetSuite
00:35:39 - Buyers who don’t ask price
00:37:56 - Cultural negotiation styles
00:39:21 - Best way to negotiate
00:41:02 - Biggest negotiation mistakes
00:42:36 - Gold as an investment
00:43:47 - His inventory appreciation
00:45:20 - Why people don’t know gold prices
00:58:10 - Where he buys gold
01:01:34 - How to verify real gold
01:02:21 - Taxes & giving away gold
01:03:05 - His most expensive giveaway
01:03:07 - Sponsor - ZipRecruiter
01:03:58 - Sponsor - Zocdoc
01:05:56 - Does strong gold market hurt business?
01:09:13 - Gold price in 5–10 years
01:10:32 - How much gold should you own
01:13:03 - Getting scammed with fake jewelry
01:14:00 - Why watches are getting popular
01:15:30 - Best watches to buy
01:19:13 - Worst watches to buy
01:19:39 - Clone watches
01:20:33 - Overpriced luxury brands
01:21:20 - Lab-made vs real diamonds
01:24:47 - Getting women’s attention right vs wrong
01:31:38 - Immigrant view on America being "hard"
01:33:08 - Next big thing
01:34:25 - People’s Court experience
01:37:55 - Rapid fire questions
01:39:17 - How social media grew his business
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

...more
View all episodesView all episodes
Download on the App Store

The Iced Coffee HourBy Graham Stephan/Jack Selby

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

679 ratings


More shows like The Iced Coffee Hour

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,202 Listeners

The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

227,868 Listeners

The Tai Lopez Show by Tai Lopez

The Tai Lopez Show

6,473 Listeners

Founders by David Senra

Founders

2,078 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,389 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,319 Listeners

RAWTALK by Bradley Martyn

RAWTALK

1,957 Listeners

My First Million by Hubspot Media

My First Million

2,652 Listeners

Dumb Money Live by Dumb Money

Dumb Money Live

122 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,125 Listeners

FULL SEND PODCAST by Shots Podcast Network

FULL SEND PODCAST

7,986 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

914 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

849 Listeners

Financial Audit by Caleb Hammer

Financial Audit

734 Listeners

BigDeal by Codie Sanchez

BigDeal

791 Listeners