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.
Since gold and silver are money, it’s important to view them as such, and not as “investments”. Yes, we’re convinced we’ll make a profit on them, but the deeper purpose lies in their monetary value.
Now that it appears the virus is ebbing and things are slowly opening back up, let’s look at how our two favorite investments have fared so far this year. Did gold provide a hedge? How did metals perform against the stock market? And where is the better value now?
By Jeff Clark, Senior Analyst, GoldSilver and Adviser for Strategic Wealth Preservation. If you didn’t catch it, gold has passed the S&P 500 in year-to-date performance. Through August 12, gold is up 18.1%, while the S&P has risen 13.8%. Silver is nipping its heels, now up 10.2% YTD. But what is perhaps more significant is…
Dear Main Street and Wall Street Investor, I’m a pretty nice guy. But you may not think so if what I outline below comes to pass.
Here’s What Historically Happens to Stocks When Bull Markets End.
An article by Jeff Clark.