What aspect of gold makes it a particularly timely investment during these uncertain times?
David Wiedemer |
September 19, 2017
Video Transcript
Gold, right now has certain characteristics that make it a very good investment. The most important one in a bubble economy, as we have now, is it's not interest sensitive. In other words, real estate, stocks, and bonds are all very interest sensitive. If that interest rate goes up for any reason, and there are very good reasons for it to go up a lot, those investments are basically wiped out. During that time, gold is unaffected and in fact it's affected the opposite way, because there's a rush to safety.
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