Kerry Lutz's--Financial Survival Network

Precious Metals Slam Down - Brian Leni #5271


Listen Later

Summary:
We currently see the precious metals getting slammed down in comparison to other commodities, which is an upsetting phenomenon for many investors. Today, we have Brian Leni on the show to talk about this and to re-emphasize the inherent value in the metals despite shifts in prices. Gold remains a critical asset when it comes to maintaining your wealth, and this becomes even more crucial as currencies err on the side of instability. Tune in to hear from myself and Leni about how to have confidence in your investments in a changing market, and to learn more about why these fluctuations are occurring.

Highlights:
-Precious metals have been mercilessly slammed down—the last time gold got slammed down like this was back in June
-To the amateur investor, this is an upsetting phenomenon. From a professional standpoint, this is also somewhat surprising given the current circumstances in the world
-Gold is the most important asset for one that wants to maintain their wealth
-Those that own it are glad they own it
-Debt keeps going up; government and currencies are becoming more unstable
-There has been lots of commodity price inflation with the exception of precious metals
-You buy gold and silver for insurance—to maintain your wealth
-You buy junior resource stocks because they are speculations of people and their ability to execute on action plans
-High gold/silver prices mean that financially and socially there are some bad things going on in the world
-Assay labs are taking longer than normal—sometimes having to travel lots of other places
-Everybody is drilling across the world, and assay labs may be restricted
-It’s hard when the market is imploding and people are impatient—but this presents opportunity
-Patience has to be part of your repertoire
-If you’re early to an investment, it’s going to be a while until its value is recognized, but this is where the big gains are
-If you’ve done research, you need to have confidence in your investment and see yourself through

Useful Links:
Financial Survival Network
Junior Stock Review
[email protected]

...more
View all episodesView all episodes
Download on the App Store

Kerry Lutz's--Financial Survival NetworkBy Kerry Lutz

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

124 ratings


More shows like Kerry Lutz's--Financial Survival Network

View all
Financial Sense(R) Newshour by Jim Puplava

Financial Sense(R) Newshour

383 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,666 Listeners

Sprott Money News by Sprott Money

Sprott Money News

150 Listeners

Mining Stock Education by Bill Powers

Mining Stock Education

140 Listeners

Stansberry Investor Hour by Stansberry Research

Stansberry Investor Hour

679 Listeners

Mining Stock Daily by Trevor Hall

Mining Stock Daily

95 Listeners

Gold Goats 'n Guns Podcast by Tom Luongo

Gold Goats 'n Guns Podcast

334 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

250 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,031 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

459 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

129 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

65 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

371 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

72 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

388 Listeners