49 min
Unearthing the Wealth of Gold Get Rich Education
-
- Investing
Why is gold even worth anything in today’s modern world? Isn’t it just a lump of metal?
In fact, I tell today’s guest that I believe gold is a poor wealth creation vehicle.
Our guest is Dana Samuelson, Founder and Owner of American Gold Exchange. He’s one of the most influential, pedigreed and respected names in the gold industry.
Major central banks have been hoarding gold recently—like Russia and China. Last year, central banks bought the most gold on record. We discuss why.
A recent survey found that only 11% of Americans own gold.
The case for owning gold: no counterparty risk, millennia of value, liquidity, limited supply, it’s like “money insurance”.
The case against gold: storage burden, no yield, few industrial applications, difficult to lever.
Though gold is historically a poor wealth *creation* vehicle, it’s excellent for long-term wealth *storage*. Dana generally agrees with me there.
Most gold that’s been mined in world history still exists today.
Learn how to identify fake gold.
Dana discusses how you can store your gold.
You effectively pay “closing costs” on bullion. I describe.
We also quickly cover: silver, platinum, and palladium.
Resources mentioned:
Show Notes:
www.GetRichEducation.com/465
American Gold Exchange:
www.AmerGold.com
info@amergold.com
1-800-613-9323
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY’ to 66866
Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review”
Top Properties & Providers:
GREmarketplace.com
GRE Free Investment Coaching:
GREmarketplace.com/Coach
Best Financial Education:
GetRichEducation.com
Get our wealth-building newsletter free—
text ‘GRE’ to 66866
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold
Why is gold even worth anything in today’s modern world? Isn’t it just a lump of metal?
In fact, I tell today’s guest that I believe gold is a poor wealth creation vehicle.
Our guest is Dana Samuelson, Founder and Owner of American Gold Exchange. He’s one of the most influential, pedigreed and respected names in the gold industry.
Major central banks have been hoarding gold recently—like Russia and China. Last year, central banks bought the most gold on record. We discuss why.
A recent survey found that only 11% of Americans own gold.
The case for owning gold: no counterparty risk, millennia of value, liquidity, limited supply, it’s like “money insurance”.
The case against gold: storage burden, no yield, few industrial applications, difficult to lever.
Though gold is historically a poor wealth *creation* vehicle, it’s excellent for long-term wealth *storage*. Dana generally agrees with me there.
Most gold that’s been mined in world history still exists today.
Learn how to identify fake gold.
Dana discusses how you can store your gold.
You effectively pay “closing costs” on bullion. I describe.
We also quickly cover: silver, platinum, and palladium.
Resources mentioned:
Show Notes:
www.GetRichEducation.com/465
American Gold Exchange:
www.AmerGold.com
info@amergold.com
1-800-613-9323
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY’ to 66866
Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review”
Top Properties & Providers:
GREmarketplace.com
GRE Free Investment Coaching:
GREmarketplace.com/Coach
Best Financial Education:
GetRichEducation.com
Get our wealth-building newsletter free—
text ‘GRE’ to 66866
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold
49 min