1. Volatility was at the order of the week as negotiations of a second relief package advanced. Indexes fell from record highs on Friday as U.S. Congress failed to pass a new stimulus package. The Dow fell 120 points, and Friday’s session put an end to three consecutive days of gains for the S&P 500.…
An article by Jeff Thomas, feature writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com In 1984, St. Kitts & Nevis offered, for the first time, Citizenship by Investment, or CBI. The idea was that, through an on-island real estate investment of $400,000, or a one-time “donation” of $250,000 to the government, a…
This week, the Dow Jones and S&P500 posted their first weekly losses in three weeks, while the Nasdaq recorded gains for the third consecutive week.
Savvy investors continue to regard gold and silver as shields to protect their capital and diversify their portfolios.
The American populace has been programmed like windup toys, with the ruling elite winding up the keys on their backs as tightly as they will go.
Cautious investors continue taking steps to ensure that their portfolios remain well-diversified against the current uncertainties, and many continue to use physical precious metals for that very purpose.
A vaccine for COVID-19 is on the way, so gold investors should probably pack it in, right?
As market volatility continues to swing, many continue purchasing physical precious metals.
Whether it’s Modern Monetary Theory as a whole, or any of the plethora of programmes that ride on its coattails, such as the Green New Deal, quantitative easing, or the THRIVE agenda, around every corner there are new efforts that I regard as “Voodoo Economics.”
Given the massive erosion in our monetary and fiscal state, we must consider the possibility that price inflation might not just be coming, but could kick in suddenly and rise rapidly.
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