If you had your time again, what would you have done differently in the 70s?
I had better rephrase that…
What investment decisions would you have made differently if you were faced with living through a rerun of the 1970s?
The obvious answer, given what happened to stock markets and bonds, is investing in a lot of gold. That was because the gold price surged during that tumultuous decade. By a cool 2,300%, in fact, depending on the dates and currency you use.
Of course, hindsight is a helpful thing when it comes to investment daydreams. But there may be something to the idea of reliving the 1970s, and gold’s boom, right now.
Look out the window, read the news… history isn’t just rhyming. Apart from the music, you could be dancing to the 1970s right now. Your brokerage account and monthly cost of living is.
That is why, before you watch Nigel Farage’s take on the similarities and differences when it comes to the 1970s, in terms of what’s playing out in financial markets and politics only of course, I’d like to invite you to the Gold Investing Broadcast.
It goes live on Monday, at 4pm, but you can sign up here now, to get the bonus content before then.
If you agree that things are eerily familiar for those who can remember the 1970s, or know their history, then it’s the place to be on Monday.
And now, on to Nigel Farage’s take on the 1970s, including a rumour about Rishi Sunak’s windfall tax…
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And if you’d like to hear from Nigel and other guests more often and more conveniently, why not sign up to the new Fortune & Freedom podcast on Apple Podcasts, Spotify, Amazon Music or Google Podcasts?
Nick Hubble
Editor, Fortune & Freedom
