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Episode 126 – Investing in Gold with Voima Gold

07.08.2020 - By Jean Galea & Joe GaleaPlay

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In today's interview, we talk to Jan Nieuwenhuijs from Voima. Jan has been a very vocal researcher in the gold space for many years.

We take different angles on the gold topic and discuss the main reasons for holding hold and the different ways you can do it.

One of my biggest takeaways from this episode is that gold is not an investment per-se, but a protection against the loss in value of conventional assets like fiat currencies. To put a simple example, if you have saved €25,000 now and that's what a new car costs at the moment, you need to know that in 10 years' time that same money will not be able to buy you a new car, as it would cost €35,000 or more then. This means that your fiat currency has been devalued through the effects of inflation.

On the other hand, if you convert that €25,000 to gold, you have a good chance that in 10 years' time if you take the gold and convert it back to currency, the car will have an equivalent cost in ounces of gold, which means that you have been able to store your value successfully.

* Voima Gold

* Jan on Twitter

* Jean's article on gold investing

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