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Carol Roth

πŸ‘€ Speaker
992 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

It just maintains its price, but the dollar goes down.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

And so if you're trying to hedge out against your dollars, you want to have some of your portfolio.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

It used to be like five to 10 percent of your portfolio.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

I am personally we're we're pushing towards 20 percent right now.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

Just because we think that's what makes sense in today's day and age and it's expensive.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

So dollar cost averaging is great.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

You know, every week you put a little bit or every month you put a little bit in and whatever the price is, some months or weeks it's going to be higher and some it's going to be lower.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

But over time, you're going to get that average price of where it's been and you're not going to wait and see it move up, you know, many more legs and go, oh, I wish I would have gotten in or if it falls down again.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

you're going to continue to capture it at a lower price.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

So you can't time the market on things.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

So I think that's an easier place to go.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

It's challenging because, you know, if you buy precious metals, you are paying a spread on that.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

And if you buy it, you have to find a place to hold it and you have to make sure that it's authentic.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

If you buy GLD, there's always a differential.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

That's the paper ETF between the spot price of gold and GLD.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

And sometimes it runs above and sometimes it runs below.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

But it makes it easier to get in and out of.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

I'd be very careful selling because you are taxed at a collectibles capital gains rate instead of a regular capital gains rate.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

Don't sell it to anybody.

Finding Peak w/ Ryan Hanley
The Fed is a Fraud: How to Survive the Coming Financial Reset

But the whole...