#287 - Financial Expert NEVER Touches Gold

Thinking about buying gold? In this episode, Lloyd James Ross dives into why he avoids gold despite its popularity as a “safe” asset. From massive lines at bullion shops to the risks of buying a non-productive asset, he breaks down why gold can often be a “birdless bush” investment, relying on the greater fool theory rather than producing real income. Lloyd also compares gold to income-generating businesses, explains historical drawdowns, and shares practical strategies to hedge inflation while actually growing your wealth. Whether you’re curious about gold, Bitcoin, or smart investing, this episode gives you a clear perspective on when to be greedy and when to be fearful.

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Timestamps

[00:00:00] Introduction

[00:02:00] Gold as a risk-off asset

[00:20:00] The “bird in the bush” investing metaphor

[00:38:00] Historical gold drawdowns

[01:10:00] Cinderella & the pumpkin moment

[01:20:00] Income-producing assets vs gold