• 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

  • A Moving, Moving Pictures, Experience with Rush Live
  • Russia’s New Front Line Is at the Fuel Pumps
  • Saudi Arabia Boosts Hormuz Oil Shipments
  • EPA Cuts Power Plant Rules Over Energy Costs and Reliability
  • Yttrium Emerges as a Global Flashpoint
  • A Rhode Island Reckoning
  • Houthi Threats Test Mecca Pact
  • Solar Growth Threatens Utility Revenues
  • China Calls AI Slowdown Fears ‘Fearmongering’
  • AI Leaders Face a Dilemma: Win the Race or Slow It Down

RSS New From Your Survival Guy

  • “Why Does Electricity Cost So Much?”
  • Nobody Wants to Spend Even a Little Foolishly
  • Americans Hard at Work Saving Til It Hurts
  • Your Survival Guy’s RAGE Gauge: Turning Dimes to Dollars
  • The Miraculous Mop: Selling as a Service
  • Google One Step Closer to Going Nuclear
  • Optimism Fading on Iran?
  • You’re the Multimillionaire Next Door for a Reason
  • Powering the Trades
  • The Data Center Freakout Will Continue

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...