Bob Henderson
speaker
67 appearances
1 recordings
1 series
first heard Dec 2023
last heard Dec 2023
Bob Henderson’s voice in public audio — every appearance, attributed to the second.
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Appearances
The biggest one is the Spider Gold Shares Fund.
So you could buy gold mining shares, for example.
They're related to gold.
They tend to go up.
Shares of miners, they tend to go up when gold goes up.
But that's a much more risky investment because you're not just exposed to gold.
Then you're exposed to how the company performs.
You're exposed to the potential of, say, fraud at the company and those kinds of things, any kind of idiosyncratic risks that the company has.
And there's only a handful of them.
So even if you bought a handful of gold miners, there's still a lot of risk there that doesn't have much to do with gold.
So there's a few reasons why people buy gold, other than maybe just being bullish, which some people are.
People buy it just to diversify their portfolio, help to reduce risk.
Another is because they believe...
It will track with inflation, so it can be considered an inflation hedge because it's a real physical thing.
It's used in jewelry and things like that.
It's in film.
It's in your iPhone.
It's in a lot of electronics, cars, all sorts of things.
Over the last year and a half, interest rates have gone up a lot.
And gold, before the most recent rally, hasn't done much at all.
Showing 41–60 of 67 · page 3 of 4
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