Today I share my reasons why I think investing in gold & silver ETF’s are a bad idea. Below are links to some of the information discussed in this video.
Not all gold & silver ETFs are backed by physical assets:
https://budgeting.thenest.com/silver-etf-holds-physical-silver-30262.html
Banks can lend out more than they have in reserves:
https://www.investopedia.com/articles/investing/022416/why-banks-dont-need-your-money-make-loans.asp
What happens if everyone tries to
withdraw their money from a bank at the same time:
10 Years after Northern Rock – is the UK more or less likely to see another bank run?
What is Hyperinflation?
https://corporatefinanceinstitute.com/resources/knowledge/economics/hyperinflation/
Countries that have experienced Hyperinflation:
https://www.businessinsider.com/worst-hyperinflation-episodes-in-history-2014-4?r=US&IR=T
Thanks again for watching, please like & share if you found this video interesting.
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