The need for a safe haven asset is clear. The toxic mix of economic, market, and financial risks leaves investors with few places to turn.
With unresolved issues encompassing much of the globe, it would not be surprising to see the gold price achieve new record highs this year.
Our quarterly ITV report examines the performance of precious metals vs. other major asset classes during the first quarter of 2022.
We don’t know exactly what China’s plans may be, but it would not be surprising in the least if they’re preparing now to pounce at the next crisis, particularly a monetary one.
That suggests investors make sure they own a meaningful amount of physical gold now.
The circumstance of stubborn inflation, elevated political conflicts, and overpriced stock and real estate markets creates an ideal scenario for gold.
It’s no surprise to our constituency, but silver remains one of the most undervalued investments that can be bought today.
What’s interesting to consider is the cost of Thanksgiving 10 or 20 years from now. If history is any guide, it’ll be a mountain of gravy more expensive – unless it’s priced in gold and silver.
The kooks were indeed right. Those that called for higher prices -higher than what most mainstream investors would believe- were proven correct.
After rebounding in Q2, the gold price succumbed to the pressure of sharply rising Treasury yields in Q3, when the Fed began talking about tapering asset purchases