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Gold vs Stock Market | The Gold Standard #2102
https://www.midasgoldgroup.com/
This episode of The Gold Standard Radio Show explores the performance of #gold against the performance of the American Stock Market.
Kenneth Russo, Jr, Sr. VP of the Midas Gold Group explains why, in the face of #hyperinflation, an erratic market, and unsurmountable #debt, people are looking for #safe-haven assets, a way to safeguard and perhaps even grow their wealth.
Kenneth explains there are opportunities in many markets, but he warns there is a great deal of speculation as well. While the stock market has always been a bit of a gamble, gold has proven to be reliable and a necessary component of any portfolio. “Gold has, since 1999, outperformed the DOW by 60%.”
Dave and Ken talk about ways people can get into gold by rolling over a portion of your holdings to a Gold IRA. You can also purchase gold bullion coins, such as the Canadian Maple Leaf or the American Gold Eagle, one at a time, or use an IRA or 401(k) to purchase a bunch of them.
Not only is gold discussed as a way to preserve wealth but as a way to protect against #cyberattacks. Host Dave Dino talks about the vulnerability of banks and other institutions to hackers. Ken explains, “You have to have a portion of your wealth staged in physical, tangible assets that are not subject to the electrical grid. There is no third-party risk.”
The Midas Gold Group is proud to be America’s #1 veteran-owned gold dealer. supporting veterans causes with a portion of profits donated to the Wounded Warriors Project and the Semper Fi Fund. So your investment in your future is also an investment in the future of those who have bravely served the cause of freedom.
For more information visit https://www.midasgoldgroup.com/ or call (480) 360-6000
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Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/
Gold IRA: https://www.midasgoldgroup.com/gold-ira/
Invest in Gold: https://www.midasgoldgroup.com/buy-gold/
Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/
Read the latest precious metals news: https://www.midasgoldgroup.com/news/
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