How to Beat Inflation & Protect Your Wealth: Investing in Gold & Silver Part 2
The Money Podcast - Podcast autorstwa Rob Moore
Josh from the Pure Gold Company joins Rob for part two, to talk about gold and silver as an investment. They discuss the many positives of investing in gold and why it is often a better option than cash and other investments. Josh also gives tips and practical advice on investing in gold and other precious metals. KEY TAKEAWAYS Gold retains its value, it allows you to beat inflation Whilst there are many other options for investing, gold is the only thing that can automatically and quickly turned into currency and cash Every solar panel and electric car requires silver, we will see its value increasing Jewellery is an expensive way to invest in gold and silver HMRC don’t tax UK gold and silver coins as they are ‘currency’ Having a diverse investment portfolio is important but it has to have reasoning behind it. You can use gold and silver as a stepping stone to take advantage of other opportunities in the market Gold and silver are almost as liquid as the cash in your bank account but with less exposure to county party risk. Crashes are rare in a cycle but not in history, we shouldn't be shocked or surprised at the current economic climate but instead prepare for it BEST MOMENTS "Customers see it (gold) as an alternative to keeping money in the bank” “Silver is always massively undervalued” “In the next 10-12 years some will see silver in the exact way they see gold today” “HMRC see and regard gold and silver UK coins as currency” “I’m a big believer in a diversified portfolio but it needs to make sense” “A lot of liquidity is moving out of the UK market” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter https://robmoore.com/podbooks rob.team Learn more about the Pure Gold Company at: https://thepuregoldcompany.co.uk/ 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 Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 See omnystudio.com/listener for privacy information.