Podcast | Digging Deeper - Is gold a good investment?
Episode 855, Feb 04, 2019, 02:59 PM
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Simple question: Should one invest in gold? Or, why should one invest in gold?
The simple answer would be that gold is the one universally accepted thing of value. Throughout history and all its vagaries, gold as a precious metal has held on to its stature. Andrew Carnegie refers to it as something that is “not first made valuable by law and then elected to be ‘money’.” Or, as more succinctly put by J P Morgan: “Gold is money. That’s all.”
