It’s one of the oldest stocks ever...GOLD.
It’s over though, right? That’s the late-night TV infomercial stuff? Your grandpa had it in a safe but you’re living in the future and everything’s digital now? ...right?
Then why’s it up 43% this year, and 105% in the last 5 years? Stock or not, shouldn’t your advisor be aware of an asset soaring like that?
This week on It’s All Money, hosts Dano Weir and Daren Blonski CFP® sit down with Jason Bowman from Napa Gold and Silver, for an insider’s take on what’s happening in the precious metals market.
What could be behind this meteoric rise? How long will it last?
How is gold purchased? How is it held?
When does a gold ETF make sense for a portfolio?
If you have gold lying around, can you really turn it into cash? Wait, would you want to if you could?
While you won’t find us giving out a 1-800 number any time soon, the rise in gold has been too significant to ignore. This educational episode aims to address the gains, and how or if it makes sense for a diversified portfolio.
Learn more about Jason, here:
Jason Bowman owner of Napa Gold and Silver
https://napagoldandsilver.com/
If you’d like to learn how we help thousands of people retire and stay retired, take our Free Wealth Analysis right here: https://sonomawealthadvisors.com/
Videos available on our YouTube Channel: https://www.youtube.com/playlist?list=PLaOjL6z16wjV2_CTStzc36Y5JtiwhVoGJ
Audio also available on
Apple Podcasts https://podcasts.apple.com/us/podcast/on-the-markets/id1802984526
Spotify https://open.spotify.com/show/2YqyNLN7mcBApS5RL2piAj
Sources:
https://seekingalpha.com/article/4828510-gold-miners-outperforming-ai-chip-stocks-this-year
https://www.reuters.com/article/business/timeline-golds-history-as-a-currency-standard-idUSTRE6A71J1/
https://www.stlouisfed.org/open-vault/2022/oct/ghost-bretton-woods-global-economic-system
https://www.presidency.ucsb.edu/documents/executive-order-11825-revocation-executive-orders-pertaining-the-regulation-the?tblci=GiBdY-MYH1-nD-WW6UXCXAtHBPIEdPpDc50r48qPeOICrCDKuWUow8jry8SFw-EvMLzYPQ
https://goldprice.org/gold-price-history.html
https://www.herobullion.com/are-olympic-medals-real-gold/#:~:text=Here's%20What%20Olympic%20Medals%20Are,treasure%20commemorating%20the%20Olympic%20games.
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Disclosure: Fermata Advisors LLC is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This content was produced by Fermata Advisors, LLC, d/b/a Sonoma Wealth Advisors,
Published on 14 hours ago
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