Investors are wise to acquire some assets that aren’t dependent on confidence or well-functioning systems, to hold their value. Physical bullion is one of the assets to consider.
Since gold is both an investment and a consumer good, the yellow metal also delivers a positive correlation with equities and other risk assets in a positive market.
Any perception that banks require special exemptions for holding U.S. government debt could shake global confidence in Treasuries as a safe-haven asset and could impact the status of the U.S. dollar.
Now the Fed is at an important turning point. Having tightened to control inflation, they have to decide what’s next. The first question is whether inflation is truly under control...
The Fed is hiding that foreign governments and central banks are removing their gold from the U.S. because it would reveal the folly of U.S. monetary and foreign policy
