Only This Can Save You as Global Sovereign Debt Bubble Bursts, System Collapses
Only This Can Save You as Global Sovereign Debt Bubble Bursts, System Collapses
Daniela Cambone: 8-28-2024
“You must own gold in this environment. And we're going to own it until there is an honest, sound monetary system,” says Jeff Clark, editor of Paydirt Prospector.
In an interview with Daniela Cambone, Clark emphasizes the importance of owning physical gold as a hedge against systemic risks until a stable monetary system is established.
"We're going to be overweight gold, meaning 20% of your portfolio in physical metal stored outside of your home until the monetary system is revamped.” While Jeff is bullish on gold and silver, he advises against going all-in on one asset class.
A balanced portfolio is important to mitigate risks.
CHAPTERS:
Bullish for gold
4:45 Jeff’s interactions with gold
8:03 Bitcoin
9:00 Gold standard
10:05 Silver
12:08 S&P
13:44 Copper
15:14 Junior miners
21:50 Physical gold
22:53 How can investors better prepare?