In this episode, Marek and Marika talk about gold and silver investing - what it is, why it matters, why ratio matters, its effects upon the meaning of currency, and how to make sure you get the best out of your investments in this field.

 

KEY TAKEAWAYS

• In the current economic climate, gold and silver have become reliable, secure havens for investment, as the value tends to hold well.
• Gold and silver are finite resources, and cannot be created, fabricated or synthesised. Therefore, its value is determined by how much is owned by certain parties, and how available it is for sale.
• Most investors use a 1:55 ratio in order to ascertain if the silver or gold is well priced at the time, and also to suggest the best time to buy.
• The forms of measurement are 1 gram, 2.5 grams, 5 grams, 10 grams, 20 grams, and 1 ounce. These are the most common measurement amounts.

BEST MOMENTS

'It was an exchange of value between different civilisations'

'1 ounce of gold will give you 67 ounces of silver today'

'You need to have a good method of storage. Safeguard it!'

'There will be a shortage of silver as it becomes more and more in demand'

VALUABLE RESOURCES

Investing Earning Living Podcast - https://omny.fm/shows/investing-earning-living

ABOUT THE HOSTS

Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s thorough hard work, dedication and desire to change lives.

They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.

CONTACT METHOD

Email- [email protected] 

Phone - 0333 050 9443

Facebook - https://www.facebook.com/Investing-Earning-Living-1669019896663211