RAY DALIO: Gold isn't a good Investment

More Videos like this
Charline Munger: Why I HATE Tesla?

Charlie Munger: Why China is Better than USA?:

Charlie Munger: Why Education System is BROKEN? (INSANE):

Charlie Munger: How To Evaluate Stocks? (2020):

RAY DALIO: Gold isn't a good Investment

#shorts

[phildurre]

if gold ever becomes money again, gold will 100x

[bettlovesshrek]

this make me wanna invest in gold lmao

[davidortiz]

Gold is not like cash. Cash can be printed in unlimited amounts. Gold can not. It is not a unlimited resource. Fiat loses it's spending power every year. Gold does not. It has been a safe haven for thousands of years. Gold is real money & associated with WEALTH.

[jackcarraway]

Gold isn't even an investment; it's moreso insurance.

[iitchovereverything]

Gold is not an investment. It’s a preservation of wealth. Precious metals keep with with inflation and devaluing dollar.

[chris]

J.P. Morgan stated in his testimony before Congress in 1912, “Gold is money. Everything else is credit.”

[nickspicer]

Gold will always be more superior than any cash stay strong my friends

[SEEMEEGaming]

They say gold is not best investment but the USA has the more gold asset than any other country

[stormtraders]

How is gold in any way like cash. It appreciates unlike cash. It’s rare unlike cash which can just be created from thin air. And it’s the something that beats inflation which cash can’t do. Cash just tricks inflation

[gomzify]

Looks like all big names are uniformly summoned to bac mouth gold .... I will not be surprised if i find he holds significant amount of gold in his own portfolio.... 😅

[PradhanmantriBruhh]

Gold is not investment. It is the currency💪🏽💪🏽❤️

[savagecrow]

No one is giving you their last loaf of bread in the apocalypse for a chunk of metal.

[kato_dsrdr]

Land and houses are still the best investment for me.. It's pretty expensive but the rate of value growth is big and it have no risk like stocks..

[playerzero]

"Not an investment", technically not it's money but it still beat the S&P with dividends reinvested the last two decades. I'll take my chances, Ray

[mac]

Silver went to a million in Venezuela a couple years ago.

[VincenzoPellerito-fwoz]

Gold is heavy, clunky, inefficient for small purchases because you have to smelt it and weigh it.

The Dollar was originally made so that you could put your gold in the bank and get the value of it back in dollars, so spending and carrying your money was much easier.

This is what they mean by the dollar was backed by gold.

It was initially just paper that represented a certain amount of gold, the two were interchangeable.

The fed realized they could better control the economy and prevent economic disasters, and greater adapt to economic struggles, is the dollar was fiat and not tied to Gold.

As confidence in the dollar depletes, gold rises

[zandewilson]

Ray is a big proponent of gold, this title is bs. He strongly encourages gold, as part of a diversified portfolio

[edmundlively]

Gold is a form of cash and for the moment cash is King for the most part. 😊

[donrahstar]

Here is a thought experiment.
Pick any place on earth. Now pick a year (within humanity being "civilized")
Gold and silver separated the rich from the poor at that place and time.

[obbiebeal]

Today we need food, clothing, shelter. Sooo I am going to my GARDEN everyday, cause trusting corporations, , and elected officials, we get what we got today, then they blame whom-so-ever for their mismanagement of a nation.
.

Waiting on the whom-ever for employment to get money to buy GOLD my wife and children will starve .

1960 she told us : " during the Great Depression my daddy smoke-house was always full and we had 2 milk cows ".

Though they had no Gold or Money during the Great Depression, never-the-less they had Plenty of food .