Precious Metals News Blog
"Ultimately, the size of our deficits, which has exploded completely off the chart, the dollar is going to fall pretty substantially!"
Fortune Magazine - Bubble Warning: The S&P 500 Has Only Been This Expensive for 4% of the Past 140 Years
S&P 500 is now pricier than in 96% of all quarters over the past 141 years. Going forward it will be all about the other Big M - the market Math.
The Fed is still buying $40 billion a month in mortgage-backed securities, $80 billion in Treasury and keeping its rates near 0% to inflate asset and consumer prices, further burning the purchasing power of the dollar!
With the unallocated game soon coming to an end, owning physical and eliminating counterparty risk seems like the logical option-in gold, silver and other precious metals!
The Fed was wrong a year ago. The data suggest prices will continue to increase, but the bank is guilty of faulty analysis!
"Long term, gold is the most significant guardian and guarantor of protection against inflationary and other forms of financial risks!"
Business Insider: Gold Will Outperform Crypto As An Inflation Hedge and Has 38% Upside, Goldman Sachs Says
The bank sees gold hitting as high as $2,500 and views gold as a "good strategic purchase" for investment managers that want to hedge against tail risks!
Business Insider: Michael Burry, Jeremy Grantham, and Other Top Investors are Predicting an Epic Market Crash
Leon Cooperman, Stanley Druckenmiller, and Jeffrey Gundlach have also sounded the alarm. The same is true for Kevin O'Leary, Gary Shilling, and Robert Kiyosaki!
Market Watch: The Looming Stagflationary Debt Crisis Will Deliver a One-two Punch to Markets and Economies
The stagflation of the 1970s will soon meet the debt crises of the post-2008 period. The question is not if but when!
Since the turn of the century, the amount of debt per person has more than tripled, and that's before President Biden's ambitious infrastructure agenda.