Listen "#287 - Financial Expert NEVER Touches Gold"
Episode Synopsis
Thinking about buying gold? In this episode, Lloyd James Ross dives into why he avoids gold despite its popularity as a “safe” asset. From massive lines at bullion shops to the risks of buying a non-productive asset, he breaks down why gold can often be a “birdless bush” investment, relying on the greater fool theory rather than producing real income. Lloyd also compares gold to income-generating businesses, explains historical drawdowns, and shares practical strategies to hedge inflation while actually growing your wealth. Whether you’re curious about gold, Bitcoin, or smart investing, this episode gives you a clear perspective on when to be greedy and when to be fearful.Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.comFollow Lloyd:https://www.instagram.com/lloydjamesross/?hl=enhttps://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=auhttps://www.facebook.com/5stepstomillions/https://www.tiktok.com/@lloydjrosshttps://x.com/lloydjamesrossTimestamps[00:00:00] Introduction[00:02:00] Gold as a risk-off asset [00:20:00] The “bird in the bush” investing metaphor [00:38:00] Historical gold drawdowns [01:10:00] Cinderella & the pumpkin moment [01:20:00] Income-producing assets vs gold
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