In this episode, Marek and Marika talk about gold, and specifically its value - why it seems to be the precious metal against which all others are measured, and why, after so much time, humanity is still so attracted to it.

 

KEY TAKEAWAYS

• Scientists believe that gold arrived on earth following the collision of two stars in space, causing their gold deposits to crash land on our planet.
• Gold is a finite resource. It is something we cannot fabricate or create it from scratch, meaning that its value depends on who owns it, and how much they own.
• Gold does not rust. It is also a marvellously conductive metal, which makes it attractive as jewellery, and also as a component in machinery and technology.
• Gold mining sites can take up to ten years to effectively locate and prospect properly. ven then, the chances of it becoming viable are less than 0.1%

BEST MOMENTS

'Scientists believe that this is something not made on our planet'

'We use it as insurance, and as a back up plan'

'There is a limited supply and a high demand'

'Only ten percent of all gold sites are profitable'

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