Subscribe to MonkeySee for more great videos: http://goo.gl/Py1pN0 Financial advisor Ric Edelman provides his top tips for investing in gold.
Comments
Lol Hedge against inflation-- yes to a degree. Gold is not a hedge against inflation. Gold is the hedge against Government! Gold will rise when confidence in global government declines. Its got nothing to do with inflation. Gold pays no dividends or interest. LOL that is the point. Gold does not have to balance its book, pay a dividend or meet a payroll. Gold has no counter party risk
If you measure things in gold instead of dollars you get a clearer picture.
99% measure wealth in dollars. This is why 1% do so well
Gold is money period. Everything revolves around gold as everything revolves around the sun. Both are golden.
Thanks for sharing these tips.
There are a lot of wealthy people because they invest in gold. I like your tips that you mentioned. I would say that gold is a good investment in a long term because of its high growth in value.
The Gold Standard seems and sounds like the monetary standard to use but at the same time still feels antiquated and just doesn't seem capable of reviving an economy when it is in serious dire straits...