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Why Gold? SchiffGold Friday Gold Wrap Feb. 24, 2023

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Why should you own gold in your investment portfolio? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about some reasons to own gold, including its historical wealth-preserving qualities and its role as a safe haven. He also talks about a new buzzword central bankers and politicians are using to make inflation seem less bad.

TOPICS COVERED

  • The latest buzzword: “supercore” inflation
  • Gold as part of a well-balanced portfolio
  • Gold as a safe haven in 2022
  • Gold and wealth preservation
  • Gold as an inflation hedge
  • Counterparty risk

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.

LISTEN

You Can Also Listen on SoundCloud

SHOW NOTES

Billionaire John Paulson: You Need Gold Not Dollars

Gold in 2023 Dollars

2000: $380.62
2001: $363.48
2002: $358.97
2003: $406.33
2004: $443.96
2005: $486.89
2006: $554.58
2007: $659.17
2008: $857.57
2009: $959.84
2010: $1,224.53
2011: $1,567.86
2012: $1,665.50
2013: $1,469.53
2014: $1,266.68
2015: $1,173.98
2016: $1,252.57
2017: $1,267.97
2018: $1,252.95
2019: $1,394.05
2020: $1,753.87
2021: $1,802.28
2022: $1,841.14

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