Gold Goes DOWN on Inflation
from Unconventional Wisdom Hosted by Ed Rempel
Gold goes down on inflation. Why doesn't the industry know this? This is one of the most common and wrong conventional wisdoms. The conventional wisdom is that Gold protects you from inflation, so if we have high inflation Gold should be up. It should maintain its value. The problem is – this isn't true and hasn't been true for decades. So why does the investment industry keep promoting this idea? In my latest podcast episode I give you details on why you may have been told to invest in Gold, and what I suggest instead. Listen to learn: How knowing about Gold can help with your investment portfolio. The correlation between Gold vs. Inflation. What do interest rates have to do with Gold? Why doesn't the investment industry know this? How to easily outperform the investment industry. Why you need an interactive financial plan. What Warren Buffett says about Gold. Why having Gold is similar to money in a Savings Account.
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