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Speaker 2: ( 02:17)
You need exposure to gold. Gold to say it's breaking out is, is an understatement. But you gotta remember, it's also a response to the cheaper dollar. All right? So I, as I have always told you, if you want 5% exposure to physical gold and another fee up to 5%, you can I ever to two and a half percent exposure to paper gold, either the futures or the ETF. But I think you want that five to 10% exposure to the space because if anything goes wrong, gold, if the dollar gets cheaper, which the Fed is obviously trying to do gold kind of come in. Sure. But it's, but it is a safety valve.

Speaker 1: ( 02:51)
You just like kids. So that made me think if I'm a younger investor and I'm looking at goals, how do I get into it?

Speaker 2: ( 02:57)
I got a guy, I, I do have a guy but ended, but there's other guys I won't force you into my guy. But uh, but yeah, you need, you need to call an actual broker that deals in precious metals and some of them have limits to how little you can, you can put in. But my guy is especially nice, he will guide you to a nother guy if you're not in his class. But, uh, but I, it is a space that is a little bit, you have to store it somewhere. You probably don't want to put it in a firebox under your bed, but why they're, there are vaults where you can keep it and it's, it's really in, in case the bad guys ever show up.

Young investors, listen up!

Gold recently hit near a 6-year high, so you may be wondering "if it's time to invest in gold" or "how?"

Well, Real Money Contributor Stephen "Sarge" Guilfoyle says he has the answer.

First, you need exposure to gold.

"If you want 5% exposure to physical gold and another up to 5%, you can, I go up to two and a half percent exposure to paper gold, either the futures or the ETF," Guilfoyle said.

But I think you want that 5% to 10% exposure to the space because if anything goes wrong, gold, if the dollar gets cheaper, which the Fed is obviously trying to do, gold ... it is a safety valve," he continued.

Guilfoyle also advises to use an actual broker to help you with your gold investments.

"You need to call an actual broker that deals in precious metals and some of them have limits to how little you can put in," Guilfoyle said.

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