TIP213: PRECIOUS METAL INVESTING: GOLD, SILVER, & PLATINUM
W/ DAVID MCALVANY
21 October 2018
On today’s show, we talk to a precious metals expert, David McAlvany, about whether an investor should include gold, silver, or platinum in their portfolio.
IN THIS EPISODE, YOU’LL LEARN:
- Why value investors should consider gold if they deem the stock market overvalued.
- Why investors hold silver and platinum.
- How to determine the asset allocation of gold by the ratio to other precious metals.
- How to use the Dow Jones’s ratio to the price of gold as a buy or sell signal.
- How should gold be allocated in your portfolio when you plan for retirement.
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.
Preston Pysh 0:03
If there’s one asset class that’s had a really rough time since the middle of 2011, it’s been gold. At the deepest part of the decline, gold hit a hard bottom at the end of 2015, putting it down nearly 45% from the top to the bottom.
Since the start of 2016, though the prices increased by about 17%. Many gold bugs are suggesting a big movement might be right around the corner.
On today’s show, we have a leading expert in gold, how the precious metal performs during credit cycles and how investors should think about its position size in their portfolio. Without further delay, here’s our conversation with the thoughtful David McAlvany.
Intro 0:45
You are listening to The Investor’s Podcast where we study the financial markets and read the books that influenced self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 1:06
Hey, everyone. Welcome to The Investor’s Podcast. I’m your host Preston Pysh. As usual, I’m accompanied by my co-host Stig Brodersen. We’re super excited to have our expert in gold, David McAlvany, here with us. David, welcome to the show.
David McAlvany 1:19
Great to be with you.
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BOOKS AND RESOURCES
- David McAlvany’s site where you can buy and sell gold, VaultedApp.com
- Roy Jastram’s book, The Golden Constant – Read reviews of this book.
- Adam Fergusson’s book, When Money Dies – Read reviews of this book.
- Anthony Sutton’s book, The War on Gold – Read reviews of this book.
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