Gold And Silver Bullion For Wealth Protection
Today’s YouTube video is very short – explaining why gold and silver bullion investment is an ideal choice for wealth protection. Dr Marc Dussault interviews Peter August, CEO of The Australian Bullion Company, to explain why high net worth individuals are buying gold and silver like never before. This is a series of interviews that you can view on our Australian Bullion Company YouTube Channel.
Video transcript: Gold and Silver Bullion For Wealth Protection
Hi, I’m Dr Marc Dussault, and you can see it’s November, we’re in 2009, I’m here with Peter August, the Managing Director of the Australian Bullion Company.
Peter I want to thank you, hello, yes of course. We’ve been sitting here for about, well I won’t say how long we’ve been doing these tapes but it’s been a great morning here and what we’ve done is we’ve put together a handful of YouTube videos that you can access through clicking the bubbles that you’ll see on the YouTube videos. And what we’ve done is we’ve explained why you would invest in silver and gold bullion. And we’ve explained also the difference between numismatic coins, in other words coins that you collect, as well as these bars here that I do know now that these are bars and not coins; and to take you through the process of why you would invest in gold or silver bullion.
Now we’re talking about different things; if you would just summarize, just in one sentence why someone would invest in gold bullion, or silver bullion, compared to anything else, what would that be?
To protect their wealth, their hard earned wealth, in fragile financial times.
And when we say protection we’re talking about an increase of about 10% historically that you’d recommend people have in bullion…
Sure.
In respect to their total value of their asset base, to now about 15 to 20%. So you’re not saying sell all your stock, sell all your properties, but just increase the proportion of the gold and silver that you have within your portfolios. Am I right?
Absolutely. This is your insurance against calamity. Okay, now I mean 10 years ago the risk of any kind of financial calamity, or geopolitical calamity was quite small so henceforth you had a very low gold price. But that risk has increased dramatically.
And we all recognize that it’s there to stay.
Yes.
What we’ve done, Peter and I have spent some time preparing about a handful of YouTube videos, we’d like you to watch them; you’ll see that there’s bubbles on each one so they’re interlinked. Within this YouTube channel you’ll see that they’re all there, we’d love for you to take some time to look at them and just consider gold and bullion as an investment, as a percentage of your portfolio, anywhere between 10 to 20%. If you don’t have anything, what I should say, if you don’t have any gold or silver bullion you can start with something as small as 1 ounce, or even fractions of an ounce.
Correct, yes.
And you can start with coins to get the kids interested in it, or just for you to start getting interested in it because these numismatic coins are really interesting, they each tell a story, and even though you pay a slight premium for them it might be the way you want to start. But absolutely take a look at the YouTube videos. And Peter thanks for taking the time out of your busy day, because I know that the gold rush is on right now and you don’t want to miss out, you definitely want to get in on the action.