Gold, Bitcoin, Stocks, and Government Decisions

While some countries have sold their gold at the bottom of the market, citizens around the world have invested in both gold and Bitcoin. Eric shares some surprising stats on these purchases in the U.S. We talk about central banks and how some governments have made it difficult to illegal to buy Bitcoin. Thanks to our Canadian listener, Ricky, we discuss penny stocks, including mining stocks. Investing in something new, like penny stocks, is not different from the process we are going through to buy an American Ranger Gyroplane from Silverlight Aviation. Once you decide that you want to put your money in a general direction, you need to start with education and learning about the basics, then research the options available, decide if the people involved are good at managing the company, and then you can decide specifically what stock or item to buy. Management is incredibly important, whether you’re looking at stocks, products, or real estate! This episode is packed with lessons you can apply in your investing journey!

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