• ABOUT – DICK YOUNG
  • YWMF – ARCHIVES

Young's World Money Forecast

Since 1978 With a 32 Year Vacation

  • DICK YOUNG
    • FROM RICHARD C. YOUNG
    • THE FINAL INTELLIGENCE REPORT
  • INVESTING STRATEGIES
    • RETIREMENT COMPOUNDERS®
    • GOLD & SILVER
  • DIVIDENDS & COMPOUNDING
    • MIRACLE OF COMPOUNDING
    • DIVIDENDS
  • GRAHAM & RUSSELL
    • BEN GRAHAM
    • RICHARD RUSSELL
  • THE DOW AND THE LEADERS
    • DOW vs. S&P 500
    • DOW vs. DOW DIVIDEND PER SHARE
  • WELLINGTON MANAGEMENT COMPANY
  • YOUR SURVIVAL GUY
  • BANK CREDIT & MONEY
  • THE PRUDENT MAN

Dip a Toe into Gold

February 7, 2024 By Richard Young

Image generated by AI on Shutterstock.com

In June of 1993, Bloomberg’s Pam Black asked me how to stay ahead of the inflation curve. I told her to “dip a toe” in gold. I continued:

“Buy it with the idea that you won’t make any money. Hopefully, your other assets will do well, but if they don’t, you’ll be damn happy you were in gold.”

Take a look at the chart below, and you’ll see how gold and the dollar have performed since that article was published.

Related

Filed Under: Investing Strategies

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS New From Young Research & Publishing

  • There’s Nothing Wrong with Making Money Slowly (Part 9)
  • Consumer Spending, Investment Lift Q4 GDP Despite Government Pullback
  • US Existing-Home Sales Drop 8.4% in January 2026
  • Your Survival Guy’s 2026 Super States: What’s Yours Is Theirs
  • What the Iran Situation Means for Gold
  • Trump’s Bold Tariff Moves Spark Historic High Court Debate
  • China Buys Up Discounted Russian Oil as India Pulls Back
  • There’s Nothing Wrong with Making Money Slowly (Part 8)
  • Powering the Future: America’s First Large-Scale Enhanced Geothermal Plant
  • December 2025 Sees Rising Imports Push US Trade Deficit to $70 Billion

RSS New From Your Survival Guy

  • There’s Nothing Wrong with Making Money Slowly (Part 9)
  • Private Equity Is the Next Big Thing Coming for YOU: Part V
  • There’s Nothing Wrong with Making Money Slowly (Part 8)
  • There’s Nothing Wrong with Making Money Slowly (Part 7)
  • There’s Nothing Wrong with Making Money Slowly (Part 6)
  • The Shaky Office Real Estate Market
  • Airplane Boneyard Could Power AI Datacenters
  • There’s Nothing Wrong with Making Money Slowly (Part 5)
  • Real Estate: Know This Detail
  • How Narrow Is Your Margin of Safety?

Search Our Site

Richard C. Young & Co., Ltd.

–Client Letter Sign Up–

Sign up to receive email alerts when our latest client letter is posted on our website.

Disclaimer:

The information contained here is for informational and educational purposes only. It is not intended nor should it be considered investment advice or a recommendation of securities. Past performance is not a guarantee of future results. It is possible to lose money by investing. You should carefully consider your investment objectives and risk tolerance before investing.

Copyright © 2026 · About Dick Young · Terms & Conditions

 

Loading Comments...