Episode 155: Why Buy Gold

I'm sure you've seen the TV ads to buy gold and silver.  Is this a good idea?  Many people own physical gold and silver, and some have stock market investments in precious metals.  But why buy gold or silver?  Today we talk about 8 reasons gold has been owned today and in the past. Key Takeaways:Gold has intrinsic value and has been used as money for thousands of yearsGold can be a safe haven during turbulent timesDiversification of investments - generally not to exceed 10-15% of total wealthWe like pre-1933 coins