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"From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation." - Henry Hazlitt, WSJ & New York Times Journalist
Gold has captured the attention and imagination of investors, speculators, hoarders, pirates, kings, bankers, and many more. Over centuries, it has played various roles i.e. long-term investment, store of value, medium of exchange, and inflation hedge. It's no wonder that hundreds of movies have been based on the pursuit of this glittering compound and hundred more books have been written to profit from its volatility or lack thereof.
In today's episode, we discuss Gold as an Investment in modern times and supplement the argument with its antithesis too. We also discuss the options available to take exposure to this asset class.
If we see gold prices go up from here, we hope to have played some role in contributing to the glittering asset class :)
"From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation." - Henry Hazlitt, WSJ & New York Times Journalist
Gold has captured the attention and imagination of investors, speculators, hoarders, pirates, kings, bankers, and many more. Over centuries, it has played various roles i.e. long-term investment, store of value, medium of exchange, and inflation hedge. It's no wonder that hundreds of movies have been based on the pursuit of this glittering compound and hundred more books have been written to profit from its volatility or lack thereof.
In today's episode, we discuss Gold as an Investment in modern times and supplement the argument with its antithesis too. We also discuss the options available to take exposure to this asset class.
If we see gold prices go up from here, we hope to have played some role in contributing to the glittering asset class :)