In a recent podcast, US Money Reserve talked about recommendations from George Soros on buying gold. There are many reasons that George Soros would recommend buying gold in these economic times. This is a great hedge against slow economic growth, and the hosts on the podcast discussed ways in which gold can help to balance out a portfolio. George Soros is someone who is not afraid to speak his mind on the economy.
Anyone who wants to invest for the future needs to be aware of what he has to say. Even though he is not always right, he always brings a new level of insight to the investment world.
US Money Reserve Podcast
Running a podcast takes a lot of work. Podcasts have grown in popularity in recent years, and this is a great way for investors to get a summary of the market. The most recent podcast focused on investing in gold. The hosts on the show recommended having some sort of gold in your investment portfolio. Read more: Gold & Silver | Precious Metals and Buy Gold, Silver, and Platinum
There are signs that the economy has some trouble ahead. Over the long term, having some sort of hedge against this is vital. In the last economic recession, people who purchased gold were able to earn a high rate of return on their investments.
What About Stocks?
There are some advantages of investing in stocks. Over time, the stock market will generally earn a higher return than investing in gold. When the economy turns bad, the stock market tends to follow.
The Federal Reserve is currently supporting the stock market with low rates of interest on debt. This is a good thing in the short term, but over time this monetary policy can cause issues. Learn more about US Money Reserve: https://www.usmoneyreserve.com/shop/ and http://www.prnewswire.com/news-releases/us-money-reserve-featured-on-epns-enterprise-radio-300213820.html
When gold starts to go up, investors will earn a nice return on their initial investment. This is because the value of cash erodes when the purchasing power of the dollar goes down.
Gold can help a person to maintain that purchasing power over time, and this is why US Money Reserve recommends that investors should buy some gold now before prices get too inflated.
Often times, inflated prices make it difficult for investors to buy into the precious metal at a good price.