Gold Can Go a Long Way in Protecting Your Nest Egg.
In this report I cover the early market action from London on Tuesday, August 28th, 2018. I look briefly at the precious metals, the stock market, the dollar and the oil price.
Today I note that as the stock market as measured by the S & P 500 index makes all-time highs why it is more important than ever to have some kind of physical precious metals insurance outside the financial system.
I look back at my own experience of the last twenty years and show the viewers how precious metals and especially gold have gone a long way in protecting my savings from the volatility of paper assets since the beginning of the 21st century.
My conclusion is that it is imperative to have some kind of financial insurance in the form of gold even if one is comfortable with their stock market or paper asset investments.
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As always you are welcome @timuann
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Such a valuable analysis about precious metals. I agree with you that gold have gone a long way in protecting our savings from the volatility of paper assets since the beginning of the 21st century. I always learn something new from your great market analysis.
I also have a personal pension but definitely prefer the metals I trust them a lot more. Cheers mike
Nice video!
Thanks for the gold update. It seems like it is in an uptrend right now. I wonder how long it will last.
I'm surprised how well you did with gold. I would guess the S&P 500 outperforms it over the next 10 years but I could definitely be wrong.
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"Guid video Maneco! Thinkin' back fifteen years, Ahh remembers when silver was thee tae fower dollars an' oonce! Puutin' yer bunsens intae it 'en woods hae groon th' nest eeg considerably!"-Keptin
https://steemit.com/silver/@joshuaslane/silver-adventures-of-captain-joshua-slane-28au18-silver-bullion-chartwork
I think there is much financial safety in Gold. You are following the right part✅Keep it up👏👏
I am constantly trying to acquire gold as a hedge against my other assets.
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