Making Money Is now a good time to invest in gold?
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Sep 1, 2025 Ramin Nakisa, host of Pensioncraft and an expert in finance, dives into the allure and complexity of investing in gold. He discusses its recent price highs, the emotional significance of personal gold items, and the challenges posed by rising interest rates. The conversation also covers the geopolitical factors influencing gold investment and the potential risks of viewing it as an inflation hedge. With insights on asset allocation and the evolution of mining technology, Ramin highlights gold's critical role in retirement portfolios and the ongoing dynamics of the investment landscape.
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Guest Shows Personal Gold Collection
- Timeyin displayed a personal gold collection including chains, rings and a Cartier bracelet with a gold screwdriver.
- The hosts joked about gold's practical uses and the risks of wearing visible gold in London.
Gold Is A Wasting Asset
- Gold is a wasting asset that generates no income and has holding costs, making it a poor long-term return compared with equities and bonds.
- High interest rates are toxic for gold because they raise the opportunity cost of holding a non-yielding asset.
Price Moves Driven By Safety Demand
- Recent gold strength is driven by falling rates, central bank buying and dollar weakness rather than intrinsic returns.
- Physical demand and safety bids from geopolitical fear amplify price moves beyond fundamentals.
