With geopolitical uncertainties, nations like China and Russia are stockpiling gold, not merely as an investment, but as a hedge against political risks.
Gold’s performance may not perfectly match inflation in any given year. But over the very long run, the precious metal can be counted on to retain its purchasing power.
Imposing taxes on the exchange of Federal Reserve notes for monetary metals (i.e. gold and silver) has become an unusual and outmoded practice in the United States... only 7 states still engage in it.
Mike Maharrey dives into the current financial landscape with Greg Weldon, CEO of Weldon Financial, known affectionately in the industry as the "Gold Guru."
Schiff believes that gold will surpass $2500 quickly, with central banks as the main buyers, as retail investors, who typically drove gold rallies, are now selling.
The techiest people who built the high tech that both ran and drove the stock market explosively are expressing a “sense of impending doom” over job cuts.
If history means anything, it shows periods when people pay enormous premiums for dubiously projected profits often didn’t end well. We are in such a period now.
