A lot of embarrassed investment advisors out there... Author:JOHN RUBINO Gold blew through $2400/oz this morning: And the world’s central banks continue to add gold to their monetary reserves. Note that the real action coincided with the outbreak of the Ukraine war, when the US started slapping sanctions on everyone in sight. De-dollarization is a trend with[...]
Month: May 2024
Inside the 21st Century Gold Rush
Geopolitical turbulence and economic worries have fueled an appetite for bars, coins and jewelry, especially from small investors Eric Vazquez, a lineman for a power company in southwest Florida, says he’s holding a lot more gold than most financial advisers would recommend. Not just in his portfolio, but also in bars and coins spread between several secret locations. Read more [...]
Higher-for-longer: Inflation not growth
Monthly Gold Market Insights and April Gold ETF DataThe levels of inflation and growth deceleration we are seeing now are not as precarious as those experienced during the 1970s period of stagflation. But our analysis suggests that we do not need a repeat of those extreme conditions for stocks to be under pressure. Conversely, gold will likely respond positively to the combination of sticky[...]