Physical precious metals have a long history of being viewed as a hedge against geopolitical uncertainty, economic turmoil, and inflation.
Diversification with Precious Metals remains key to protecting an investment portfolio from corrections across multiple market sectors.
Additionally, the world is looking at large-scale, international economic collapse in the relatively near future. What part will this play in the OECD’s efforts?
Seeking to avoid overexposure to any single sector of the equity markets, many investors have returned to acquiring physical precious metals as price dips have allowed them to do so at a relative discount.
1. The week kicked off with reports of NSO Group’s Pegasus spyware invading the privacy of world leaders’, journalists’, and activists’ smartphones. The next day, the Canadian government announced that vaccinated Americans can cross the border for discretionary travel starting August 9. However, the Department of Homeland Security decided to postpone the opening of its…
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.”
The continued spread of COVID-19 remains the predominant factor affecting volatility in all markets. The emergency containment measures enacted worldwide to attempt to halt the outbreak have now been expanded in most countries, deepening the economic decline that began weeks ago.