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ratings:
Length:
27 minutes
Released:
Jan 4, 2018
Format:
Podcast episode

Description

Original Show Notes: Investing in Gold   A frequent speaker at precious metals conferences and in the financial media, Peter is one of a handful of experts who have succeeded through multiple bull and bear cycles using skills honed during the dramatic fluctuations of the 1980s. Prior to joining Kitco, Mr Hug served as Senior Vice President at Guardian Trust Company, now a part of Laurentian Bank, which became one of the largest international trading houses for precious metals. Mr. Hug developed the first precious metals certificate program and the first margin trading accounts for metals on the cash market. Welcome Peter! [2:48] Tell us a bit about yourself. ·       Graduated from University of Toronto ·       Lives in California [6:5] Why should I consider buying gold? ·       What is the motivation? o   Apocalypse o   Conservative investor o   Traders o   Collectors [14:4] What’s the difference between buying gold and buying silver? ·       Gold is more pure ·       Silver follows/ out preforms gold in a bull market ·       Silver is an industrial metal [15:43] How do you actually buy gold or silver? ·      Traders- futures market ·      Investors- Mining sector/ buy bars [16:50] How do I know I’m getting a fair price? ·       Standard Gold delivery bars ·       Kitco.com= gold charts [19:37] Can I insure it? ·       Stored with a dealer= fully insured and protected ·       Store at home- can insure it with your home policy (like insuring jewelry) Sponsors [20:46] Chain of Wealth – Are you looking for great actionable advice you can really use to bring about a financial change in your life? Katie runs an awesome blog located at chainofwealth.com/blog check it out today and follow her journey to become financially independent. If you’re enjoying this podcast, don’t forget to subscribe, rate and review! Value Link Round (VLR) [21:20] Why do you think people fail at reaching their dreams? ·       Impatient with their goals [23:46] How can listeners get in touch? ·       You can email him here. [24:39] Any last advice? ·       Think your purchase through ·       Do your research Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip
Released:
Jan 4, 2018
Format:
Podcast episode

Titles in the series (100)

Denis and Katie interview inspiring people on topics around debt, wealth, investing, financing and more. Building wealth is a fundamental principle where there is not enough knowledge - follow them on their journey to pay back all Katie's debt and learn from the masters themselves! Episodes Monday & Thursday, which are perfect for your commute, teach you actionable ways to build your financial life and achieve your dreams. During the episodes, we touch on questions that unlock thought leaders' secrets. Right after that we jump right into the value link round, where we get their take on why people fail, some of the best books or podcasts they recommend and much more!Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip