Why Gold Matters

What this unit covers

Understand gold's role as a store of value and a portfolio diversifier, and why it comes from how gold moves against other assets, not from a slogan that gold is safe.

By the end you will be able to

• Explain why gold's use in a portfolio comes from how it moves against other assets, not from being inherently safe.
• Distinguish holding an asset for stability from holding it to grow wealth fastest.
• Evaluate gold advice by checking how it relates to what you already own.

How it starts: The Gold Advice

1. News says the market fell nearly 8 percent over three weeks.
2. Someone tells you to buy gold right now, because gold is always safe.
3. You hold equities and mutual funds, so is that advice actually true?

Words you will meet

Correlation

How closely two assets move together, or move apart, over the same period.

Portfolio

All the investments a person holds, looked at together as one whole.

In this module: Gold, Silver & Alternative Investments

1. Why Gold Matters (this unit)
2. Silver & Industrial Metals
3. REITs & InvITs
4. Digital Assets
5. Real Estate as an Asset Class