You may have read that Tucker Carlson is getting into the metals business. As you know, Your Survival Guy is a fan of gold (and silver), and it’s been quite the year for both, but that doesn’t mean I’m betting the ranch on the yellow metal and silver coins.
My preferred form of ownership is to have a handful of both for pocket change and the bulk of it through a low-cost ETF to avoid storage and insurance costs incurred from taking delivery.
The spot price of gold has climbed above $4,000 an ounce. That’s despite a relatively strong dollar.
And by one inflation-adjusted measure (CPI), gold’s price has climbed above its peak in 1980.
Action Line: Don’t bet the ranch on any one asset. Diversification and patience are Your Survival Guy’s preferred plan for you. When you want to talk about your plans, email me at ejsmith@yoursurvivalguy.com. And click here to subscribe to my free monthly Survive & Thrive letter.
