Show Notes: https://retipster.com/179-monetary-metals/?utm_source=youtube&utm_medium=social&utm_campaign=shorts&utm_content=AU5H-nLydcQ Monetary Metals: https://go.retipster.com/mm/yt-AU5H-nLydcQ 10X Your Income from Land Investing: https://welcome.retipster.com/webinar-invite/?utm_source=youtube&utm_medium=social&utm_campaign=shorts&utm_content=AU5H-nLydcQ Join Our Community: https://welcome.retipster.com/newsletter/?utm_source=youtube&utm_medium=social&utm_campaign=shorts&utm_content=AU5H-nLydcQ We struck gold with today's episode with Ben Nadelstein from Monetary Metals. Today, we're exploring some fascinating concepts around gold and its history as money—and ultimately, how you can turn gold into a cash flow machine. In this episode, we geek out on the significance of gold as a stable store of value across centuries. We also get into the factors that make gold useful as a hedge against inflation and currency debasement, especially for currencies like the U.S. dollar. But it's not all charts and numbers; we also delve into the more tangible aspects of gold, such as its role in jewelry and various industries, and why it's important for preserving wealth across generations. This episode is packed with insights, from the nuts and bolts of how Monetary Metals operates to the broader economic principles governing our markets. We even touch upon historical events like Nixon's closure of the gold window and discuss the impact of such decisions on our current financial system. Whether you're a seasoned investor or just starting out, there's something in this conversation for everyone. So, grab a comfortable seat, and let's unravel the golden threads of this intriguing topic together! 0:00 - Introduction to Monetary Metals 2:20 - How Gold Became a Medium of Exchange 6:10 - How Gold Is Priced 8:33 - Gold’s Value in a Post-Apocalyptic Scenario 13:29 - Why Nixon Closed the Gold Window 18:08 - The Problems With an “Irredeemable” Currency 21:34 - Investing in Gold vs. Real Estate 26:02 - Gold's Lack of Cash Flow vs. Other Investments 29:36 - How Monetary Metals Works 32:55 - Where Does Your Gold Go? 35:20 - Shipping and Insuring Gold Investments 36:46 - Gold Lease Explained 41:00 - Gold Bonds Explained 47:19 - Minimum Investment Amounts 49:37 - How Investors Get Paid 52:45 - How Risky Is Investing in Monetary Metals? 55:30 - Alternatives to Making Money Off of Gold 57:23 - Safely Storing Gold 59:44 - How Much Gold Should You Own? 1:06:27 - Buying Gold for Cheap 1:09:28 - What Kind of Gold Products Can Be Invested in Monetary Metals? 1:12:39 - Importance of Gold in Human History 1:15:34 - Investing in Gold, Silver, and Platinum Leases 1:19:57 - Gold as a Constant to Measure Wealth 1:21:47 - Closing Remarks #retipster #retipsterpodcast #retipsterblog #sethwilliams #goldinvestment #monetarymetals #preciousmetals #economichistory #wealthpreservation #inflationhedge #goldandsilver #investingtips #realestateinvesting #financialeducation #marketinsights #investmentstrategies #currencydebasement #goldvalue #financepodcast #wealthmanagement #economictrends #goldstandardhistory #investoreducation #assetdiversification #passiveincome #goldleases #silverinvesting #platinuminvesting #bullioninvestment #riskmanagement #financialplanning #personalfinance #economicprinciples