Friends With Money #18: Why gold is as valuable as ever for your portfolio
The threat of rising inflation, faltering Chinese property markets, and doubts about any economic recovery in a COVID-19 world mean that interest in gold as a safe-haven for Aussie investors is gleaming once again.
Gold can be held directly or more conveniently through shares in mining companies, managed funds or themed ETFs. But why does gold remain useful in a diversified portfolio?
And is cryptocurrency used as a defensive asset taking some of the shine off gold's reputation?
In this episode of the Friends With Money podcast, senior journalist David Thornton is joined by well-known businessman and successful investor Mark Bouris, who shares his thoughts on gold as an investment, addresses the volatility in markets today, and also provides some valuable insights into portfolio diversification.
Listen on Apple Podcasts: https://apple.co/3mV0Cbr
Listen on Google Podcasts: https://bit.ly/3qGfsoL
Listen on Spotify: https://spoti.fi/3fSPI2h
Subscribe on YouTube for closed captions and transcripts: https://bit.ly/42VQFMY
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