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Update on Gold: The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating and informing savers & investors. If you've been monitoring the equities markets and precious metals prices you noticed them moving in opposite directions for the last 18 months. Will this continue? Is gold a good hedge against a drop in equities?
In a recent show I shared my concern that some major market players may want to depress the price of precious metals. On the other hand the companies selling gold and silver coins seem to be spending a lot on advertising. They even hire celebrities to make you feel more comfortable. Is that because of the great past performance for precious metal, or an indicator of the opportunity for future appreciation?
We will have Jack A. Bass as our special guest to update us on Gold. He is one of Canada's top ranked economists and the author of "The Gold Investor's Handbook". Jack Bass is also the author of "The Apprentice Millionaire Portfolio" so we will use this opportunity to get his views on the economy, and the prospects for other investments. Did you know that many of the Gold and Silver exploration companies are registered in Canada? Is it just a coincidence that our guest is Canadian?
I suspect many of our past guests will be listening to see what Jack Bass has to say about Gold & other precious metals. Has the market turned ... or are we now in a long-term bear market? What's the best way to invest in Gold?
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It's good to talk.