Gold: The Ultimate Tool For Wealth Preservation, According To Best-Selling Author
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(Kitco News) - Best-selling author Jim Rickards has shown how an investor saving for retirement could do better holding gold than stocks, and in his new book, “Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos,” he outlines how gold is integral to his investment strategy.
In Rickard’s study, two fictitious investors began saving with their 401k in 1999, with one buying stocks, and the other buying 100% gold; the second investor realized higher returns during this period.
“Gold did very well, held its own and that’s something you’ll never hear from Harvard or the University of Chicago,” Rickards told Kitco News in the second part of this exclusive interview.