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Fundamentally Speaking: SchiffGold Friday Gold Wrap 02.05.21

1 838 views | 5 Feb. 2021

It's been a crazy,

It's been a crazy, volatile week for precious metals. The Reddit Raiders pushed silver to over $29 an ounce and the white metal took gold up with it. But the run was short-lived and we saw a big sell-off in both metals later in the week. In this episode of the Friday Gold Wrap, host Mike Maharrey tries to cut through all the smoke and mirrors and talks about the underlying fundamentals in both the gold and silver markets.

You can visit the show notes page here: https://bit.ly/2O97KTc

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.

For more information, visit: https://schiffgold.com/news/

SchiffGold on Twitter: @SchiffGold

SchiffGold on Facebook: https://www.facebook.com/schiffgold/

SchiffGold on Instagram: https://www.instagram.com/schiffgoldnews/

SchiffGold on MeWe: https://mewe.com/p/schiffgold

You may be eligible to add gold & silver to your 401k:

https://schiffgold.com/401k-gold-ira-rollover/

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SciffGold's "Friday Gold Wrap" Podcast:

https://www.youtube.com/playlist?list=PL0wTm26s8oKcZf-v42aen-pye-Rt_XTp9

SchiffGold's "It's Your Dime" Interviews:

https://www.youtube.com/playlist?list=PL0wTm26s8oKdDXbzY2bKFCY38cD0136Xf

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BAnimuFigureReview

Do you think it's too late to start investing in silver?

Conspiracy Burger

Hmmm... "The silver market is just too big for small retail investors" Annually, only a billion ounces are mined. At $25/oz, that's a $25 billion dollar industry. Yet, we're supposed to believe that other people like us own IBM, CAT, GE, BA... just a to name 4 of literally thousands. The trading volumes are fake and our hidden overlords (who put their logo, the pyramid, on the dollar) own everything, hiding behind funds and funds of funds. They learned their lesson during the french revolution.

Adam Jensen

I was excited about a silver raid.However,My local coin store didn't have a large line an hour or so before open. I knew this was a flop.People were in there paying 30$/oz at 9$ over spot.I bet they regret going so hard that day.

Gnarly Silver

Anyone buying SLV is a traitor to the silver community

Nayab Khan

Thank you Mike for the perspective. Monday was indeed a blip. I don't see 12USD silver again like we did in March. Ever again.

Thinh Doan

Mike, long term / buy and hold doesn’t mean you’re an investor. An investor is when you buy an asset that produces an income for you. Buying physical gold doesn’t produce an income for you. You’re a speculator. Since you’re holding long term you’re a buy and hold speculator. If you buy pax gold and stake it to earn 5% interest then you’re an investor in gold.

Master Scentsei

Real tangible assets just like Rodney Dangerfield get no respect!

Kees den Heijer

Funny, I did get in on the silver rumour, sold the stock in time and made some dollars.

Bills Tommy

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

Shiff gold

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How You Can Incorporate Physical Gold & Silver into Your 401k - SchiffGold IRA Series

3 338 views | 27 Nov. 2018

You may be eligible to

You may be eligible to add gold & silver to your 401k:

https://schiffgold.com/401k-gold-ira-rollover/

Every person’s investment needs and situation are unique and as such SchiffGold does not present you with a cookie cutter solution. We strongly suggest you visit our Gold & Silver IRA page above for more information including a free guide on transitioning your 401(k) to a precious metals IRA.

How You Can Incorporate Physical Gold & Silver into Your 401k - SchiffGold IRA Series: Video 2

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In this video which is part of the series from Schiff gold on gold and IRAs, we're gonna be talking about 401ks. What is a 401k and how you can incorporate gold and silver into your 401k? The different ways that you can own gold and silver in your 401k plan whether you own it through an ETF or actually own the physical bars and coins that we're gonna be talking about the advantages of the latter and how you can accomplish that by having a custodian that we can introduce you to at ShiffGold so that you can make gold physical gold and silver a part of your 401k retirement plan.

Now if you're not familiar with 401k plans these are plans that are established by employers so that employees can invest some pre-tax income into their investment account. Of course, the benefit of that is obvious if you can invest money pre-tax you have a lot more money to invest because you're not paying the taxes. Of course you pay the taxes eventually they're deferred but they're deferred to a later date so in the meantime you have that money working for you in your investment account and you don't pay the taxes until you retire and start drawing the money out and by that time you may be in a lower tax bracket but we know based on the time value to the extent that you can pay taxes in the future that's much better than paying them today and in the meantime you can take that money that you would otherwise just send to the government and invest it.

The key to investing is getting a real return:

But the key to investing is getting a real return and when you're talking about a real return you're talking about a return that exceeds the rate of inflation. And not just the rate of inflation that the government pretends you know using the CPI but the actual rate of inflation as measured by the increase in your cost of living. Because that's what you're gonna have to deal with when you go to retire, it's not what the government claims have happened to prices but what has actually happened because you're gonna have to buy all the things that you need and in theory you're not gonna be working anymore so you're not gonna have wages or salaries to help pay for it. You're gonna need your investment income you're gonna need the income coming from your 401k and I believe you have a much better chance of having a meaningful purchasing power coming from that 401k if you have a portion of that 401k in physical precious metals gold or silver.

And I've mentioned before in other videos that certainly if you have a 401k you can have exposure to gold and silver in many different ways you can own an ETF that owns physical gold or silver you can invest in individual companies that mine gold or silver you can invest in mutual funds that have portfolios of companies that invest in gold and silver mining companies. But you should also have some direct ownership of gold and silver and you can do that in a 401k provided that you are working with the right custodian.

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SciffGold's "Friday Gold Wrap" Podcast:

https://www.youtube.com/playlist?list=PL0wTm26s8oKcZf-v42aen-pye-Rt_XTp9

SchiffGold's "It's Your Dime" Interviews:

https://www.youtube.com/playlist?list=PL0wTm26s8oKdDXbzY2bKFCY38cD0136Xf

Peter Schiff Podcast:

https://www.youtube.com/playlist?list=PL0wTm26s8oKemZHTt0PSln5NksvvEUqvD

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JOIN SCHIFFGOLD ON OUR OTHER SOCIAL MEDIA PLATFORMS!

SchiffGold YouTube Channel (Please Subscribe):

https://www.youtube.com/user/SchiffGold/

SchiffGold Facebook Page:

https://www.facebook.com/pg/schiffgold/posts/

SchiffGold on Twitter:

https://twitter.com/schiffgold

SchiffGold on LinkedIn:

https://www.linkedin.com/company/schiffgold

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Dan Karpat

What a waste of time!
You did not tell nothing. One big mumbo jumbo.
401ks of large corporation usually don’t have an option for buying gold. You must be out of your mind to advise talking to someone in a huge corporation to include it into the portfolio. Just shows how much you know...
I was hoping for a real advise. Instead I got another guy who just talks...

MaJoR137

They more ways you own it the better :’)

natawaut jackson

waste of time!

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Benefits of Owning a Gold & Silver IRA for Retirement Planning - SchiffGold IRA Series

8 267 views | 27 Nov. 2018

You may be eligible to

You may be eligible to add gold & silver to your 401k:

https://schiffgold.com/401k-gold-ira-rollover/

Every person’s investment needs and situation are unique and as such SchiffGold does not present you with a cookie cutter solution. We strongly suggest you visit our Gold & Silver IRA page above for more information including a free guide on transitioning your 401(k) to a precious metals IRA.

Benefits of Owning a Gold & Silver IRA for Retirement Planning - SchiffGold IRA Series: Video 1

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In this video which is part of this shift gold IRA series we're going to be talking about IRAs how to add gold and silver to your IRA self-directed IRAs versus traditional IRAs and the benefits of owning physical gold and silver in your IRA both the diversification aspects the inflation hedge aspects and why it's important to not only have gold and silver as an investment but to include gold and silver as part of your retirement planning.

A lot of people understand it the benefits of buying gold and silver but they don't realize that they can actually, add physical bars and coins into their IRA. First of all if you don't know why you should own gold and silver it is an important part of every investment portfolio it is an ideal hedge against inflation, currency devaluation, market uncertainty, bear markets, political upheaval, in many cases gold can act as a hedge to balance out the remainder of your portfolio and I've always recommended that my clients my investment clients have a portion of their portfolio allocated to physical precious metals.

Now a lot of people have a good portion of their retirement savings in their you know individual retirement accounts their IRAs and what they may not realize is that they can also incorporate actual physical gold and silver into those accounts. Now a lot of people probably have traditional IRAs where they may have exposure to gold through, let's say ETFs exchange-traded funds that own physical gold and silver but there you don't actually own the gold yourself you have an interest in a pool of gold. So you still have that third party between you and your gold and your gold is commingled with everybody else's it's not your own specific bar you own shares of a publicly traded company that has physical gold and silver, of course, some people have in their IRAs they own gold stocks they own mutual funds that invest in gold stocks so that is what a lot of they don't understand or don't know about the individually self-directed IRA.

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SciffGold's "Friday Gold Wrap" Podcast:

https://www.youtube.com/playlist?list=PL0wTm26s8oKcZf-v42aen-pye-Rt_XTp9

SchiffGold's "It's Your Dime" Interviews:

https://www.youtube.com/playlist?list=PL0wTm26s8oKdDXbzY2bKFCY38cD0136Xf

Peter Schiff Podcast:

https://www.youtube.com/playlist?list=PL0wTm26s8oKemZHTt0PSln5NksvvEUqvD

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

JOIN SCHIFFGOLD ON OUR OTHER SOCIAL MEDIA PLATFORMS!

SchiffGold YouTube Channel (Please Subscribe):

https://www.youtube.com/user/SchiffGold/

SchiffGold Facebook Page:

https://www.facebook.com/pg/schiffgold/posts/

SchiffGold on Twitter:

https://twitter.com/schiffgold

SchiffGold on LinkedIn:

https://www.linkedin.com/company/schiffgold

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imad senour

this is super interesting video https://www.regalassets.com/?id=21043

Bitchute is better than Youtube

What about provisional IRAs or Real IRAs?

William Morales

Does it mean that gold is not for everyone?

iTrustCapital

Don't put gold and silver coins in your IRA before watching this. https://www.youtube.com/watch?v=vt-MiujakDE&t=6s

DCrump

I was not aware of this... so your custodian has to be able to store your gold purchased with self directed IRA?

Kim Moore

Is there a minimum amount of gold you can roll your 401 into?