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Precious Metal 101

Myths & Reality 

by  

Zoltan Luttenberger linkedin.com/in/luttenberg

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Gold has been UNIVERSAL

Danube Valley, 4k BC 

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About MONEY

Medium of exchange, Store of value, Unit of acco

Cantillon:

QE is NOT YOUR money!

Grasham: Good money

does NOT circulate

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The Stock Hype

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The (Gov) Bond Hype

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The Dollar Hype

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Gold price in real terms

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 Misbelieves about Gold

● Petrock, barbaric relic

● Deflation kills gold

● GLD’s Gold

● ...

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Types of PM investments

● Paper Gold (is a bet)

● Physical

● Miners (have a built in lev

● ...

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Types of PM investors

● Gold bugs

● Speculaters and traders

● Gold as Insurance

● ...

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Risks to PM investors

● Price

● Vendor: 3rd

party, falsification

● Confisc

incl. tax

● Store

● ...

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Pension … from paper?!

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Outlook

Dent:

500 

and below

Ham

5.00

and