MICHAEL ARRIES - The Advantages of Investing in Gold and Silver

In this episode of the Dream Huge podcast, Pete Peterson and John Pavlansky interview Michael Arries, a senior precious metal advisor with mcalvany.com. They discuss the advantages of investing in gold and silver, including their tangibility, lack of counterparty risk, and protection against inflation. Michael emphasizes the importance of owning physical precious metals and explains that gold and silver are real money that hold their value over time. He also shares his own investment strategy, which involves allocating about half of his portfolio to precious metals. The conversation concludes with a discussion on the potential future performance of gold and silver.

Takeaways

• Investing in gold and silver provides tangible assets that hold their value over time.
• Owning physical precious metals eliminates counterparty risk and provides a form of real money.
• Gold and silver serve as a hedge against inflation and can protect wealth from devaluation.
• Having a portion of your portfolio allocated to precious metals can provide a safety net and peace of mind.