Why Does GOLD Make Financial Planners Shriek in Horror?

The look on the broker’s face was priceless. He tried to remain stoic, but I saw the fleeting look of shock in his expression. Along with a bemused look that signaled his educational pedigree was insulted. He was reviewing my investment portfolio. He was indeed surprised—but what he said next didn’t surprise me.
“You’re taking way too much risk. Physical gold? What good is that going to do you?”
A dozen rebuttals ran through my mind, most of which our readers can recite, but I didn’t say anything. With his lack of understanding, what would be the point?
It was 2005, and I had been buying gold and silver bullion coins, along with inheriting a little more, so it was a sizable portion of my portfolio at the time. I also owned some common stocks, but like some investors I was getting uneasy with the real estate bubble, the vulnerability of the stock market, and the growing levels of both government and consumer debt. It seemed time to play defense, especially with how giddy many investors were, so I’d lightened up on those considerably.
The broker naturally disagreed, I’m sure partly due to the fact that he earned little to no commissions on gold. His income came from selling stock and bond investments, so we shouldn’t be too surprised that that’s what he recommended. (And yes I work for a bullion dealer, but this all occurred long before I joined Mike and GoldSilver).
So here’s what has happened since that meeting in December 2005, to his stock and bond recommendations vs. the gold and silver I decided to focus on. Read the full article here: https://goldsilver.com/blog/why-financial-planners-shriek-at-my-portfolio-heres-my-6040-allocation/ Download Mike’s best-selling book for free here: https://pages.goldsilver.com/freebook Thanks for sharing and clicking that ‘Like’ button. For those wondering why our videos don’t appear in their subscription feed immediately – we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it’s just hours, sometimes it’s a couple of days later. This is to encourage people to join our free newsletter – because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the ‘Get Market Alerts’ box at the bottom of the page. As always, thank you for your support. M.


(Want to contribute closed captions in your language for our videos? Visit this link: http://www.youtube.com/timedtext_cs_panel?tab=2&c=UCThv5tYUVaG4ZPA3p6EXZbQ)

Four Years More With Obama, Equals Precious Metal Gains!

The past 4 years have been very good for gold and silver. Both of these precious metals have outperformed every other asset class, while President Obama was in office during his first term. Politically, it’s expected to be another 4 years of the same with President Obama on his 2nd term. However, the outlook for gold and silver during these next 4 years are expected to increase with vigor.

American Gold Coin Value, Did It Take a Hit With the Recent Gold Selloff?

Friday, April 12th, 2013 started a gold selloff. That day it didn’t cause me any particular concern when the price of gold went down. Monday, April 15th caused shockwaves in me. What happened to make the gold price fall so much?

The Effect of the Cyprus Bailout On Gold and Silver

The radical solution to the banking problems of Cyprus should give everyone some concern. Bank depositors lost several billion Euros due to the miscalculations that Europe would bailout Cyprus with minimal impact on the their wealth. The only way to offset some of this risk is to purchase silver and gold.

Gold: An Age-Old Investment Option

As an investment option, gold has gained notable acceptance all over the world in the last few years. As a result, it has become the most popular investment option among all the metals.

6 Dangers to Protect Your Coins From

Whether you collect coins for the intricate designs and historic value, or to invest in precious metals as a safeguard against fluctuating markets, protecting your collection from corrosion, blemishes, and wear is important for retaining a coin’s value. One of the biggest mistakes coin collectors make when storing their gold and silver coins is to neglect the long-term safety of their investment by allowing their collection to be exposed to hazardous elements. Consider these six dangers when storing your coins…