“Survive till ’25” isn’t going to have as much ring to it as it devolves into figuring out how to survive until ’26. You can come up with any new slogan you want, but it’s going to be dead on arrival once it’s clear that “survive till ’25” didn’t do the job.
Gold is up, suggesting inflation is back. The dollar is strong as if Europe, Canada and China are ailing (spoiler alert: They are.) Still, something’s got to give.
In the latest Money Metals Midweek Memo, Mike Maharrey explores Thanksgiving's history, the gold and silver markets, and the principles of sound money.
Holding gold not only allows you to take calculated risks but also helps you ride the waves of volatility almost certainly heading for the Irish economy.
If WWIII begins, essential assets would include a secure location, survival supplies, and gold. These provide safety and value, as the world will always need reliable forms of money.
While a normal bank losing billions every quarter would be in big trouble, central bankers at the Fed can rest easy. But somebody feels the pain. That somebody is Uncle Sam.
