Rob Moore warns that gold hitting $3,200 per ounce shouldn't scare investors away. Gold outperformed Bitcoin by 40% over the past year and acts as a hedge during inflation and market crashes. Moore advocates a "Buy, Hold, Die" strategy: buy physical gold and silver to keep forever, not trade.
Gold price just hit an all-time high again. It's been going all-time high, all-time high, all-time high. But this is a bit of a warning because normally I would say if an asset keeps hitting an all-time high, that might be the sign that it's in a bit of a bubble. I believe gold is very different, and generally gold does well when other assets when things don't do well. It's countercyclical, it's defensive. So gold tends to do well, say, when there's high inflation, say when the stock market or the real estate market is crashing, say when there's unrest or lack of trust in the system. And none of those are solved, you know, there's definitely a good chance that the stock market and the real estate market could continue to drop. We're definitely moving towards a recession or even a depression. Well, who knows, but you know, the signs are there and it started to happen. So I guess the warning I want to say is don't rule gold out as an asset class just because it's currently at an all-time high. 'Cause you can only buy based on the best price today to buy. You can't go back 10 years. Oh, and also, do you know that gold has outperformed Bitcoin by about 40% in the last year. Now conversely and weirdly, silver's crashed quite a lot. It went 14, down 14% really quite quickly. And it's back to its 1975 price, which is 50 years ago. So I think there's some amazing opportunities right now with gold and silver. Now look, I don't buy gold and silver on trends or to time markets or for short-term trades. I buy gold and silver to hold forever, because maybe one day the currency is going to be even weaker than it is now, and maybe one day there is going to be some kind of war or revolution. I mean, we assume it's not going to happen, but it happens, and that's when your gold and silver becomes really important. And for me, gold and silver is the BHD strategy: buy, hold, die. And a lot of people trying to trade and arbitrage and time, I think they're getting it wrong. Really, I think with gold and silver, it's just a question of, um, what kinds of gold and silver to buy, where to buy it, how to buy it, where to store it, etc. So because of this, and because my community, one of their top questions, um, is how do I invest in gold and silver. I get things like, how do I invest 10 grand? How do I buy gold and silver? How do I buy property? I get these questions all the time. So we're actually doing a Sunday session on how to invest in gold and silver, uh, what type of gold and silver to buy, gold versus silver, and where to store it, how to get the tax breaks, um, you know, maybe some price predictions from an expert I've got coming in. We've got all of that coming really soon. Um, it's in about 36 hours— no, 24 hours' time. RobMoore.live. sunday. So because I already have this Zoom account, I already run this for my, many of my companies, um, it doesn't really cost me anything other than my time, um, so I'm happy to pass on you joining this Zoom at no cost to you. The link is robmoore.live/sunday. Um, but gold just hit the, the all-time high price of almost $3,200. So when I was buying gold, like, started I don't know, maybe I think my— bought my 15 years ago, I was buying it at $700 an ounce. After this live, go and check the price 15 years ago. I think it was about $700 an ounce. Now it's $3,100 and something an ounce. So if that's not a good example of why you buy, hold, die with gold and silver, although that's a strange different pricing They used to be really linked, they're not really correlating anymore. If that's not evidence that you should do it, I don't know what is. Now the great thing about gold is you can store it yourself, you just need to know how, and it goes up in value over time. It's the best hedge against cash, money, inflation, etc. Now in history they have recalled people's gold, but generally speaking your gold is probably the safest thing you own, especially if no one knows where you store it. So if you have seen that the gold's an all-time high, like I've said, and you're wondering if now's the right or wrong time to get in, and you're wondering if silver is a better class to get into, and you're wondering where to buy it and how to store it and how to save the tax on it and all these manner of things, I'm doing a Sunday session Zoom on Easter Sunday, 'cause gold is God's money. Did you know that? Robert Kiyosaki calls gold God's money. So seeing as we're celebrating religion on Easter Sunday, I'll still be doing this Sunday session because money never sleeps. So the link is robmoore.live/sunday. That's robmoore.live/sunday, and we'll go into this. My gold and silver expert and mentor, and also the person I buy my major gold and silver from, I bought literally tens of kilos of gold and silver off him recently. He's going to come in and I'm going to grill him, by the way, so I'll interview him. You'll get a chance to answer your— ask your questions as well. Um, so come and jump on this because gold's hit an all-time high but silver's kind of crashed down. Really interesting volatile markets. A lot of people don't know what to buy, where to buy. They don't know the right price to buy. They don't know what denominations you can buy because you can buy tiny small coins. The price is measured per ounce, so I usually buy in ounces, but you can buy smaller. We'll give you all the information you need on this Sunday session Zoom. No recordings, no replays. See you soon. The link is robmoore.live/sunday. I wonder if you can guess what day it is. Um, gold's at an all-time high, nearly $3,200 an ounce. I was buying at $700 an ounce for gold. Buy it and hold it, buy it and hold it. Defensive investing. Bit of spare money, buy gold, hold. Bit of spare money, buy gold, hold. Out of the system, out of anyone knowing what assets you've got. No one can research and find how much gold you own. Not even your kids or your wife or your husband would necessarily know. The system can't know. Um, and it's an asset that— do you know gold existed before the Earth? So all these people going mad about Bitcoin You know, I existed before Bitcoin, but gold existed before the entire Earth. There you go. So I'll see you on the Zoom about investing in gold and silver. The link is robmoore.live/sunday.
