George Soros Buying Gold

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Posted by LLJ43 | Posted in Economy, Financial News | Posted on 20-06-2016

US Money Reserve podcast likes to inform listeners of all of the events in the current economy. One of the biggest news stories of the past week is that George Soros is buying gold. This is a surprising move because it seems like the economy is doing better.

Anytime George Soros does something, it is good for investors to take notes. Buying gold is a great protection against bad economic times. In this podcast, the hosts talk about why gold can be a good investment if you think the economy is about to go down dramatically. There are times throughout history where gold has been a great trade and hedge.

Buying Gold

There are a lot of ways to purchase gold. Some people simply buy gold index funds, and these funds track to the overall price of gold. Other people prefer to have gold bars, and this is referred to as physical gold. Whatever you choose, a percentage of your portfolio should contain some gold in it. Learn more about U.S Money Reserve: https://www.usmoneyreserve.com/why-buy-gold/ and https://www.usmoneyreserve.com/shop/gold/

Many investment advisors recommend less than five percent of your portfolio in gold. George Soros has a diverse spread of investments from his work over the years. No one knows exactly what percentage of his portfolio is in gold.

Watching the Economy

On the surface, the economy is doing better than it was several years ago. However, there are a lot of challenges coming in the future.

Anyone who wants to look for area to invest in may have trouble finding good investments. The stock market is trading at a high multiple right now, and this is simply a calculation that looks at the price-to-earnings ratio of various companies in the market. Read more: US Money Reserve Austin TX, 78730 and U.S. Money Reserve featured on EPN’s Enterprise Radio

Historically, this ratio has been closer to 15. Right now, it is hovering around 19 and is only going up from here if the market improves.

Following George Soros

Investors need to understand what their financial goals are before blindly following any investment advice and end up crashing in the US Money Reserve. George Soros is someone who has a lot of experience investing in various areas of the overall market.

With his time in the industry, he has been able to build an enormous amount of wealth. One of his biggest advantages is the fact that the wants to help other people with their investing.

This has led to his popularity growth over the years with investors. He is never afraid to speak his mind, and he is often times right about what he says.