Other than a promise to cut “wasteful” spending, and a pledge to eliminate the Department of Education, the Republican platform is largely silent on proposals to reduce federal spending.
This isn’t just the most tumultuous year of political chaos in the US; geopolitics has ramped up in the last few months to suddenly outweigh inflation as a concern for markets.
Maharrey interviewed Ed Steer, a gold and silver analyst with nearly 30 years of experience. Steer discussed market manipulations, supply-demand, and future prices.
Dangers loom for stock market investors. Physical precious metals will continue to serve as a safe haven from risky financial assets and the ongoing depreciation of the U.S. currency.
We’re already seeing the impacts of tighter monetary policy rippling through the economy with corporate bankruptcies through the first half of 2024 at the highest level in over a decade.
