MB 180: Adding Gold to Your Investment Portfolio – With Dana Samuelson & Brien Lundin

As multifamily investors, we’re all looking to build wealth and achieve financial freedom. The scary part is, we don’t have control over how much our money is worth. And as our government continues to print money with wild abandon and accumulate massive debt, the value of the US dollar declines. Yes, we’re smart to invest in physical assets like real estate to hedge against this kind of currency devaluation. But is there something else we could be putting our money in as an insurance policy of sorts? Something that increases in value as paper assets decline?
Dana Samuelson is the President of American Gold Exchange, a leading precious metals and rare coin company. A professional numismatist since 1980, Dana has been involved in a billion dollars’ worth of precious metals transactions. Brien Lundin serves as host of the New Orleans Investment Conference and Executive Editor of the Gold Newsletter, the oldest precious metals advisory in the world. With 40 years of experience, Brien is an expert in precious metals and mining share markets as well as the economic and geopolitical issues that impact them.
On this episode, Dana and Brien join me to explain why the average real estate investor should consider adding precious metals to their portfolio. They describe how gold serves as a counterbalance to paper assets and warn us about the accelerating devaluation of US currency. Dana and Brien also discuss the outlook for gold in the current economic climate, offering insight around the relationship between interest rates and the value of precious metals. Listen in to understand the process of buying gold and find out why it should be a part of your overall investment strategy!
Key Takeaways Dana’s extensive background and experience
President of American Gold Exchange
40 years in precious metals
Brien’s extensive background and experience
Executive editor of Gold Newsletter
Host of New Orleans Investment Conference
Why real estate investors should care about gold
Natural counterbalance to paper assets
Gold goes up when stocks, real estate go down
Global economy weakening in last 6 months
Took off in 2008 during crash (liquid asset)
Brien’s insight around currency devaluation
Central bankers print money with wild abandon
US $22.5T in debt, interest rates at global all-time lows
Forgiving debt = accelerates decline in value
Will need to borrow to pay interest in next few years
The outlook for gold in the current economy
‘Gold loves cheaper money’
Bond yields plummeted in last 6 months
Fed forced to cut interest rates further
How interest rates impact the value of gold
Gold has no interest, must pay carrying cost
No burden to buy when interest rates low
The 3 ways to buy gold and other precious metals
Paper trade via ETFs or GLD
Invest in gold mining stock
Physical gold dealer (sovereign minted)
When to invest in paper vs. physical gold
Paper good when confident in uptrend
Need physical as foundation (economic uncertainty)
The process of buying and selling physical gold
Call or visit reputable dealer to discuss
Pay current price + minting premium and dealer fee
Gold shipped and insured through FedEx or USPS
Store in safe, accessible place
Sell to any reputable dealer
Brien’s top takeaway around investing in gold
Precious metals are form of freedom
Insulate you from mismanagement of currency
Dana’s top takeaway around investing in gold
At least 5% to 10% of portfolio in gold or silver
Serves as insurance policy for rest of money
Connect with Dana American Gold Exchange
Email info@amergold.com
Connect with Brien Gold Newsletter
New Orleans Investment Conference
Resources Real Estate Guys
Professional Numismatists Guild
Jim Blanchard
Investor’s Guide to Gold & Silver
Robert Kiyosaki
Peter Schiff
Michael’s Free Webinar
Podcast Show Notes
Review the Podcast on iTunes
Michael’s Website
Michael on Facebook
Michael on Instagram
Michael on YouTube
Apartment Investor Network Facebook Group
Financial Freedom with Real Estate Investing: The Blueprint to Quitting Your Job with Real Estate—Even Without Experience or Cash by Michael Blank