Finance & Fury Podcast

Welcome to Finance & Fury. Today we’ll be running through some alternative assets – precious metals, like Gold and Silver.  We’ll talk about How they work How they fit into an investment portfolio   Gold Price Silver Price Whilst they are very separate assets to each other, they work in a similar way. There has been increased volatility with shares in recent months, and this has led to an increase in gold and silver prices. They are considered an alternative growth investment; when other asset classes like shares, property and even bonds are doing badly, gold and silver are considered a “safer” way to invest.   History In between the periods of barter and modern-day credit cards and paper money, gold and silver (plus other rare commodities) were used as a medium of exchange, or currency. This however, was inefficient. In the past your wealth, and the government’s wealth was measured in gold, by weight. Gold rushes – in 1851 people flocked to the Victorian town of Ballarat If they found gold, they co