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Money Tree Investing

Investing In Gold For Protection and Profit

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 6 May 2022

⏱️ 61 minutes

🧾️ Download transcript

Summary

Is high inflation keeping you up at night? If not it should. The financial markets are going through a paradigm shift that most people are not aware of. Investing in gold is historically one safe haven you should consider.

If you want to protect what you have and profit along the way George Milling Stanley has some answers for you. Listen to why gold makes sense now vs in the past, how you can incorporate gold into your portfolio, allocations, and different tools. 

If you the markets have you seasick, don't miss this episode.

Today's Panelists:

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For more information, visit the show notes at https://moneytreepodcast.com/investing-in-gold-for-protection-and-profit-george-milling-stanley

Transcript

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0:00.0

Welcome to the Money Tree Investing Podcast. Stock market, wealth, personal finance, value stocks, invest in your life.

0:11.0

Hello, Smart Money Tree podcast listeners. Welcome to this week's show. My name's Kirk Chisholm and I will be your host.

0:17.3

So today we're talking with George Milling Stanley. How you doing today, George? I'm fine. Thank you, Kirk. Thanks for having me on.

0:23.5

Good. Well, thanks for coming on the show. We're talking about a very timely topic today, which is gold.

0:28.9

So, George, tell us a little bit about your background for those who don't know you.

0:33.3

I first got involved in the idea of gold 50 years ago, the summer of 1972.

0:39.8

And if you can cast your mind back to that, if it helps to picture it, I had an Afro at the time,

0:44.8

like most 25-year-olds.

0:46.5

And the editor of my magazine came to the door of my office and he said, George, it's been 12

0:51.2

months since President Nixon closed the gold window.

0:53.9

What do you think of that?

0:55.4

And I said, I haven't a fainted idea what that means.

0:57.4

What are you talking about?

0:58.4

He said, good, I'm glad you don't understand it because I don't understand it either.

1:01.6

I just read it somewhere.

1:03.0

But if you and I don't understand it, then probably our readers don't understand it,

1:07.5

go find out about the gold market and write me a story. And here we are 50 years

1:12.2

later, still chasing the same story. I've been involved in gold essentially all my life one way

1:17.5

and another, spent 10 years with the financial times writing about gold mining companies,

1:22.2

primarily went to work for a gold mining company after that. They must have liked what I wrote

1:26.8

and did supply demand research for them. That company after that. They must have liked what I wrote and did

1:27.8

supply demand research for them. That company was taken over in 1988, 88, 89. So I moved to the US to

...

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