523 | Why gold keeps rising - and the best ways to buy it
Summary
Host Steve Alderton and expert James Andrews discuss the recent surge in gold prices, exploring its role as a hedge against inflation and geopolitical instability. They compare physical ownership with ETFs, highlighting tax advantages of UK sovereigns and Britannia coins. The episode covers storage options, buying tips, and the history of gold, concluding with advice to prioritize emergency savings before investing.
Topics discussed
Sponsors: Wealthify and Smart Money People
Introduction to gold and recent price spikes
Why gold is valuable: scarcity and utility
Gold as a hedge against fear and inflation
Historical performance and the 'Brown Bottom'
Costs, storage, and insurance of physical gold
Investing via ETFs and bullion vaults
Buying physical coins: Sovereigns and Britannias
Fun facts: Olympic medals and finding treasure
Selling gold and top three investment tips
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