Are you looking for a safe hedge against inflation? We like Gold, Silver, or Collectible Coins
Date: 1/11/23
Name of Podcast: Our Republic Matters
Episode Title and Number: Are you looking for a safe hedge against inflation? We like sound money –> Gold, Silver, or Collectible Coins/1
Brief Summary:
In this episode cover what is inflation and how it has affected the value of the US dollar. Investing in gold, silver, or collectible coins can be a smart financial decision for several reasons.
First, precious metals like gold and silver have historically held their value over time. They tend to maintain their purchasing power even during economic downturns and inflation, making them a reliable store of value. Additionally, as the demand for these metals increases, so does their value. This can provide a hedge against inflation and economic instability.
Second, investing in collectible coins can be a great way to diversify your investment portfolio. Coins, like other collectibles such as art or antiques, are not directly tied to the stock market or other traditional investments, so they can provide a different type of return. They can also be a fun and interesting hobby to pursue.
Third, gold and silver coins are considered to be a liquid assets, which means they can be easily bought and sold, unlike some other assets like property. Collectible coins, on the other hand, can also be a good store of value but it's important to do proper research before investing in them since the value of collectible coins is not always directly tied to the precious metal content.
Fourth, gold and silver have been a traditional method of storing wealth for centuries. They have been used as currency and have been a symbol of wealth and prosperity. They can also be used as a form of savings, with the added benefit that they can be easily transported and stored.
In conclusion, investing in gold, silver, or collectible coins can be a smart financial decision. They can provide a hedge against inflation, diversify your investment portfolio, and be a reliable store of value. Additionally, they can be a fun and interesting hobby to pursue. However, it is important to do your own research and consult with a financial advisor before investing in any type of asset.
Go here to schedule free webinar: https://collectgoldsilvercoins.com
Bullet Points of Key Topics + Chapter Markers:
00:00:00 - 00:03:00 Mark Dice Free 1 oz Gold Coin or $20
00:03:01 - 00:03:25 Title / Intro
00:03:26 - 00:08:52 PragerU | What is Inflation
00:08:53 - 00:10:32 Congress.gov Bill H.R. 9157 (to define the dollar as a fixed weight of gold)
00:10:33 - 00:11:46 Chart | How the US dollar has been decreasing in value over time
00:11:47 - 00:14:55 Inflation Calculator/Debt Clock
00:14:56 - 00:15:30 Wealth & Finance Benefits of Investing in Precious Metals
00:15:31 - 00:30:41 Interview with Steve
00:30:42 - 00:34:59 Inflation/Benefits of Sound Money Video
00:35:00 - 00:36:14 How you can register for free Zoom meeting to learn more collecting gold, silver, and collectible coins
00:36:15 - 00:37:20 Closing
See inks below to the videos used in this podcast:
Inflation Prager U: https://www.youtube.com/watch?v=syIf-1nkImg
Mark Dice: https://www.youtube.com/watch?v=LN55tfvAUWI&t=1s
Inflation Calculator: https://www.usinflationcalculator.com/
Wealth & Finance: https://www.wealthandfinance-news.com/the-benefits-of-investing-in-precious-metals/
Gov Bill Gold Backed: https://www.congress.gov/bill/117th-congress/house-bill/9157
Debt Clock: https://www.usdebtclock.org/
Inflation Chart: https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/
OurRepublicMatters: https://ourrepublicmatters.com
NGC: https://www.ngccoin.com/
#gold # silver #collectible coins # inflation hedge #precious metals
