Gold Goes Down on Inflation. Why Doesn’t the Industry Know This?
Gold goes down on inflation.
Why doesn’t the industry know this?
This is one of the most common and wrong conventional wisdoms.
The conventional wisdom is that Gold protects you from inflation, so if we have high inflation Gold should be up. It should maintain its value.
The problem is – this isn’t true and hasn’t been true for decades.
So why does the investment industry keep promoting this idea?
In my latest video and podcast episode I give you details on why you may have been told to invest in Gold, and what I suggest instead.
Watch or listen to find out:
- How knowing about Gold can help with your investment portfolio.
- The correlation between Gold vs. Inflation.
- What do interest rates have to do with Gold?
- Why doesn’t the investment industry know this?
- How to easily outperform the investment industry.
- Why you need an interactive financial plan.
- What Warren Buffett says about Gold.
- Why having Gold is similar to money in a Savings Account.
I hope you enjoy it!
Ed
Planning With Ed
Ed Rempel has helped thousands of Canadians become financially secure. He is a fee-for-service financial planner, tax accountant, expert in many tax & investment strategies, and a popular and passionate blogger.
Ed has a unique understanding of how to be successful financially based on extensive real-life experience, having written nearly 1,000 comprehensive personal financial plans.
The “Planning with Ed” experience is about your life, not just money. Your Financial Plan is the GPS for your life.
Get your plan! Become financially secure and free to live the life you want.