Comments on: Episode 116: Is Gold a Good or Bad Investment? with Peter Hug

By: David

David — Thu, 22 Nov 2018 18:10:28 +0000

Gold/Silver/other PMs will never go to zero. All stocks, bonds, currencies could go to zero. I have owned several stocks over the years that have hit zero (and they can get there fast). You can purchase PMs in any amount you can afford. PMs are available to everyone, with no minimum buy-in threshold.

By: Dave

Dave — Thu, 22 Nov 2018 18:03:14 +0000

Peter Hug always seems to be a highly experienced and seasoned person in the precious metal markets with a kind of quite detached or impartial view. He’s been in the precious metals market for so long and I think they hired him for that huge experience. I like his impartiality even though he is in that particular business. I’ve looked at Kitco every week for about 15 years as sort of a goto site for commentary.

By: Chris Peach

Chris Peach — Mon, 22 Oct 2018 15:27:44 +0000

In reply to Josh. That's probably a good way to look at most investments, Josh!

By: Josh

Josh — Fri, 19 Oct 2018 13:59:52 +0000

A family friend introduced me to precious metal streaming stocks like Wheaton (WPM) and Franco-Nevada (FNV). They collect royalties from gold miners and other precious metal projects.

I have small positions in these two stocks and the GLD gold ETF. This partially to get exposure to the precious metals market and as a “chaos” hedge.

The year 2018 hasn’t been kind to any of these stocks, so it’s a long-term position for me. I’ve only been investing money I can afford to lose because precious metals have been lackluster of late.