We buy physical gold for various reasons, but the most obvious one is to protect our purchasing power. This is especially true in the face of currency printing, $1.1 trillion annual deficit spending, and the phenomenon termed “De-dollarization.”
Critics and skeptics have said that the Federal Reserve lost credibility when they decided to pause their interest rate tightening policy this year, not long after resolving to normalize interest rates throughout most of 2018. What are the implications of the Fed’s policy U-turn for the economy and equity market?
I prefer to look in places where others don’t because it’s the under-the-radar opportunities that bring the strongest returns. We all know that the corporate media hardly ever talks about gold and silver, not to mention copper, which I actually see as the better sector to get into right now.