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The Prosperity Podcast

505 EpisodesProduced by Kim D. H. Butler and Spencer ShawWebsite

Take control of your money. Join Kim D. H. Butler, best-selling financial author, and Spencer Shaw, as they use their prosperity mindset to utilize wealth-building tactics. Learn about the 7 Principles of Prosperity and how to make your money work as hard as you do.The Prosperity Podcast is the pers… read more

15:59

The Problem With Investing in Gold - Episode 093

Summary:

Welcome to the ninety third episode of the prosperity podcast! Today our hosts Kim Butler and Todd Strobel talk about the idea of buying gold as an investment. They discuss the problem with labeling gold an “investment” and ask gold buyers to consider - what exactly do you want your money to do for you, and how does gold fit into that? Tune in to find out what investments can replace gold and what investments are actually effective hedges against inflation.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

 

Show Notes:

00:00 Intro

00:53 Gold as an Investment

02:09 The Three Things That We Want Our Money to Do

03:56 Does Gold Create Value or Solve a Problem?

06:03 What About Gold That is Also Art?

08:51 Why You Shouldn't Use Gold as a Hedge Against Inflation

10:33 What is a Hedge Against Inflation?

12:02 The Problem With Storing and Controlling Gold

15:32 Outro

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