A Billionaire Told Us to Buy Gold 6 Months Ago… Now It’s at an All-Time High!

Summary

Market Mondays: Episode Summary Title: A Billionaire Told Us to Buy Gold 6 Months Ago… Now It’s at an All-Time High! Host: EYL Network Release Date: April 2, 2025

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1. Introduction to Gold's Surge The episode dives into the remarkable performance of gold in the current market landscape. The hosts discuss how gold has not only reached but surpassed all previous records, positioning itself as a formidable investment amidst economic uncertainty.

Notable Quote:

Market Analyst [01:00]: "Gold is at an all-time high. It broke another all-time record and has really outperformed pretty much everything since Trump got elected."

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2. Insights from Mike Novogratz A significant portion of the discussion revolves around insights shared by billionaire Mike Novogratz. Six months prior, Novogratz advised investing in gold and bitcoin, expressing caution towards the stock market. His predictions have largely materialized, especially his bullish stance on gold.

Notable Quotes:

Market Analyst [01:00]: "When we met with Mike Novogratz for his show in September, he was saying that a lot of his money's in gold and bitcoin, and he's leery about stocks right now."

Investment Expert [02:14]: "It will behoove you to listen to the smart people and those who have made a lot of money in doing what they're talking about."

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3. The Role of Billionaire Advice in Investing The conversation emphasizes the importance of heeding advice from successful investors like Novogratz. The hosts argue that billionaires, due to their substantial net worth and investment experience, offer valuable insights that can guide everyday investors.

Notable Quotes:

Market Analyst [02:16]: "Listen to the people that have made a lot of money in doing said thing they're talking about."

Investment Expert [02:29]: "If you look at his net worth, the people who are arguing with him in combination don't have an eighth of his net worth."

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4. Gold as a Hedge Against Market Volatility Gold is portrayed as a reliable hedge during turbulent economic times. The hosts compare gold’s performance to other investments, highlighting its inverse relationship with the stock market and its stability during periods of market downturns.

Notable Quotes:

Market Analyst [03:40]: "Gold is something that has been working opposite of markets... price of gold is $99,000 per bar."

Investment Expert [05:42]: "Invest in gold as a hedge. Buy index funds. The lessons that are timeless will always remain true."

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5. Strategic Investment Advice for Gold The experts provide actionable strategies for investing in gold, emphasizing patience and long-term holding. They advise waiting for market pullbacks to invest and maintaining a holding period of five to six years to maximize returns.

Notable Quotes:

Investment Expert [04:35]: "You have to wait for a pullback and then as with any investment, you have to look to hold for a five or six year period."

Financial Advisor [05:48]: "In the inverse relationship, gold is $99,000 per bar. Bitcoin is $83,000 per coin."

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6. Timeless Investing Principles The episode concludes by reinforcing timeless investing principles such as holding investments long-term, diversifying portfolios with assets like gold, and investing in index funds. The hosts underscore that despite market fluctuations, these fundamental strategies remain effective.

Notable Quotes:

Investment Expert [05:58]: "Holding for 5, 10, 30 years. Invest in gold as a hedge. Buy index funds."

Investment Expert [06:36]: "The lessons that are timeless will always remain true."

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Conclusion This episode of Market Mondays offers valuable insights into the strategic importance of gold in an investment portfolio, especially during uncertain economic times. By leveraging advice from seasoned investors like Mike Novogratz and adhering to proven investment principles, listeners are equipped with the knowledge to navigate the stock market effectively.

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Key Takeaways:

• Gold's Strong Performance: Gold has reached new all-time highs, outperforming many other assets since political shifts.
• Billionaire Insights Matter: Listening to successful investors can provide a strategic advantage.
• Gold as a Hedge: Gold inversely correlates with the stock market, making it a reliable hedge during downturns.
• Long-Term Strategy: Patience and long-term holding are crucial for maximizing returns on gold investments.
• Timeless Principles: Diversification and adhering to fundamental investment strategies remain essential.

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Note: Advertisements and non-content sections from the transcript have been excluded to focus solely on the episode's core discussions.

Transcript

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[Market Analyst]

Down, but gold is at an all time high. And that's one of the things that when we met with Mike Novogratz for his show in September, he was saying that he was very bullish. He said a lot, a lot of, a lot of my money's in gold. A lot of it. And he's a billionaire. He said, a lot of my money's in gold and a lot of my money's in bitcoin. And he said I'm leery about stocks right now. He said that if he, if Trump wins, the stock market is going to go up really quickly and then it's going to come down. And I mean, pretty much everything he says has pretty played out according to plan, especially the gold thing. So gold, like I said, broke all time. It's been breaking all time records, but it broke another all time record.

[Investment Expert]

Yep.

[Market Analyst]

And has really outperformed pretty much everything since Trump got elected, at least. And that was something that we spoke about. But it really puts some level of things in perspective. When a billionaire tells you what they invested in money in, 9 times out of 10.

[Investment Expert]

It will behoove you.

[Market Analyst]

Yeah. So listen, listen to the smart people and listen to the people that have made a lot of money in doing said thing that they're talking about.

[Financial Advisor]

Yeah.

[Investment Expert]

And for the audience, I know a lot of people, this happened on a lot of shows now, but especially for this one, listen to the information to change your life and to increase Your net worth not to reply to what the person has said. Like it was a lot of pushback for him. I'm like he's been a billionaire a long time and can trade and let's say he had a misstep or two in crypto. We've all caused something wrong square. But if you look at his net worth, the people who are arguing with him in combination don't have a 80th of the net worth. It doesn't make him a better person. It doesn't make him more God fearing or more loving or more righteous. But in this category, when most billionaires won't even share what they're doing, for him to grace us with his presence and give us insight, actually listen to what people are saying and if you don't listen, don't be surprised if more billionaires and people of that ilk don't want to speak.

[Financial Advisor]

Yeah, I think, I mean in line with what you're saying, listening to the smart people, we spoke about it maybe two weeks ago. But look at, look at Berkshire Hapley, look at Berkshire B since the top of the year.

[Investment Expert]

Yep.

[Financial Advisor]

Slow and steady, appreciating even when the market's down. I mean we talk about one of the greatest investors of all time, if not the greatest, you know something, you know, something.

[Market Analyst]

Well, let's talk about, let's talk about gold because like I said, gold is at, it's, it's at a crazy skyrocket ever since, you know, the economy started to tank. So it definitely is something that has been working opposite of markets is currently at 31:20. And you know, obviously you never advise people to invest in all time highs but gold is something that you know, has been around forever and over the course of time as chart has gone up, sometimes it stays flat, sometimes it goes down like any other investment. But for people that are interested in gold, what advice would you give her?

[Investment Expert]

We gotta give Keys credit. Keys is heavy on investing to go. Three years ago we talked about it as a hedge. I think the important lesson here is to know, write this down. What will you invest in when the entire market goes south? And this is one of the assets that has done incredibly well. We used to think it would be bitcoin, but once the banks got involved and kind of took that over, that went away. You definitely have to wait for a pullback. The thing that makes gold tricky though, when we have a zero interest rate kind of environment or like heavy quantitative easing, gold is going to be flat. Now that that's been stripped away and the market is going down, it's taken off to the upside. So you're going to have to wait for a pullback. So probably when our stock market goes back up, gold will slide back down. It would be a good time to invest because given the current leadership that we have, things are going to continue to be tumultuous for a while, as Mike Novogratz indicated. So you have to wait for a pullback and then as with any investment, you have to look for to hold for a five or six year period.

[Financial Advisor]

This is one of those things that's like when we talk about inverse indexes. If you look at the S P and you look at gold, it kind of works.

[Market Analyst]

In that inverse relationship, gold is $99,000 per bar. Bitcoin is 83,000 per coin.

[Investment Expert]

I can divide some Some investing lessons are tried but true, like holding for 5, 10, 30 years. Invest in gold as a hedge. Buy index funds. The thing Even though I hate how far the market has fallen, the thing that I do love is that the lessons that are timeless will always remain true. I remember even two years ago when some traders were like, well, Buffett lost his touch and he doesn't know. And I'm like, his net worth doing this crash is going up. Yep. Stock and stockpiles going up as well for sure.

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