Sen. Rand Paul invites Elon Musk to inspect the largest U.S. gold reserves at Fort Knox. Musk’s questions about the gold supply have sparked speculation about a potential review. Fort Knox stores over 147 million troy ounces of gold, serving as a financial hedge against economic instability. The last inspection was in 1974, with another one in 2017. Conspiracy theories persist regarding the vault’s actual gold content, leading to renewed interest in transparency.
As investors continue to watch economic, geopolitical, and environmental events play out, they remain dedicated to seeking out ways to ensure that their investment portfolios are diversified.
Investors continue to hold to the view that physical precious metals have a long history of acting as a hedge against inflationary periods
1. Market volatility continued this week as Russia’s onslaught against Ukraine raged on and central banks around the world shocked markets with unexpected rate moves. In the U.S., the West Coast port of Oakland has been virtually shut down as truckers protest California’s gig labor law, which classifies workers as employees and not independent contractors.…
Many investors have held to the view that holding some physical precious metals in their portfolios might offer them some additional diversification.
As volatility in equity markets and crypto markets continues to surge, savvy investors have taken steps to ensure that their portfolios are diversified in order to avoid overexposure to a downturn in any single market sector.
As inflation pressures continue to mount under the ongoing global pandemic, savvy investors have stuck to their long-term plan to acquire physical precious metals when buying opportunities appear
1. Primary market drivers remain the ongoing trade war between China and the United States and the continued chaos surrounding the United Kingdom’s alleged and upcoming exit from the European Union. All eyes will be on the Federal Reserve next week as they hold their Federal Open Market Committee (FOMC) meeting to determine the course…
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