The Prosperity Podcast The Problem With Investing in Gold - Episode 093
Welcome to the ninety third episode of the prosperity podcast! Today our hosts Kim Butler and Todd Strobel talk about the idea of buying gold as an investment. They discuss the problem with labeling gold an “investment” and ask gold buyers to consider - what exactly do you want your money to do for you, and how does gold fit into that? Tune in to find out what investments can replace gold and what investments are actually effective hedges against inflation.
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Show Notes:
00:00 Intro
00:53 Gold as an Investment
02:09 The Three Things That We Want Our Money to Do
03:56 Does Gold Create Value or Solve a Problem?
06:03 What About Gold That is Also Art?
08:51 Why You Shouldn't Use Gold as a Hedge Against Inflation
10:33 What is a Hedge Against Inflation?
12:02 The Problem With Storing and Controlling Gold
15:32 Outro