Investing In Gold And Silver - Need Advice

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[liquidoxygen]

Buying precious metals is not about making money, it's about keeping money.

[MegatPage]

Given the current market uncertainty, it seems wise to consider investing in gold or a gold ETF. I'm thinking of allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is appealing, I understand the importance of maintaining a long-term investment strategy.

[bobsilver]

I bought a large amount of silver two years ago at $14 per ounce, now its $26...its done well.

[Goldsilver]

Hi Dave, I'd love to come on your show to talk about precious metals if you are interested in having me as a guest. I'll send a message to your office with contact details.

[MAG-hvqj]

View Gold and Silver as an insurance policy, not as an investment.

[edwardoscar]

*WHOEVER THAT'S READING THIS, I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.*
*ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.*That's why the rich invest and the poor don't.*

[eljaguar]

Made a 32% return on silver I bought 14 months ago. Could have made more if I had waited a little longer. Thanks for nothing Ramsey!

[bernardwright]

I've come to realize that money is a tool. I've worked so hard over the years to realize that if you don't make money work for you, you can't experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free._

[fa]

I don't buy gold to make money. I buy gold to be protected against the deflation of the paper money. Gold doesn't loose it's value like the paper money.

[leel]

I think people who listened to him now regret a lot in 2020😞

[angelmendez]

dave is not good at math, in 1968 gold was $255.... 50 YEARS later price is $ 1230 thats a 700 % increase in your investment not a 2%

[ReviewOutdoorGear]

Here are the facts: Gold in 1966 (50 years ago) was worth $35.13/oz, today its $1, 255. Adjusting for inflation, $35.13 in 1966 is about $257.00 today. So that would be a return of 488%! thats in addition to saving you from inflation. Not adjusting for inflation, thats 3580%

[cenobitetoastcrunch]

I am a 35 year old man who buys small amounts of precious metals because i think its cool to have my own treasure chest.

I am not ashamed 😂

[retiredbroker]

In IRAN when Saddam fell? You mean IRAQ, Dave.

[tribulacion]

it's hard to believe that someone who's supposed to know about finances doesn't know the difference between currency and money.

[jschreadley]

Dave's arguments explain perfectly his ignorance on the subject as well as his allegiance to the fiat system.

[cutlerylover]

If we learn from history we would realize that every single economy's fiat currency in history has failed...When you have "money" you can produce yourself at some point we make too much and devalue it, thats why many of these comments disagree because gold and silver have had value since the beginning of its discovery but every single type of money humans have made has eventually failed when that economy failed...I agree it wont get you rich quick unless you have some luck and a ton of money to invest but it IS a great insurance to cover your bases and round out your "investments" If you follow Dave and do everything right and make a million bucks but by the time you do the US goes under your stuck with a lot of useless pieces of paper no other country will care about, but that dumb gold and silver will still have value all over the globe :) You can count on precious metals retaining value forever because you can always count on peoples greed...

[alp.]

Um okay I know this is an old video is bad advice

[Martintfre]

problem with gold and silver is that the government can't print it.

[luckywinner]

Hey Dave!

Explain then why central banks all over the world are storing tons of gold if it's worthless.

Gold does not require a return because it's real money.