Posts

Showing posts from October, 2018

"Gold, a Hedge Against the Dangers of Interesting Times"

While paper-based investments and realty are susceptible to results of changing times, gold soars. A precious metals investment may save a portfolio when all else fails. The old Chinese curse, "may you live in intriguing times", has particular importance to the present epoch of U.S. history. There's a lot going on today, much of it scary. Major investors around the world are reacting to the events of our perilous age by sinking their dollars, deutschmarks and yen into gold, silver and palladium; Expense Gates, Warren Buffet, and billionaire speculator George Soros to name however a couple of. Huge financial institutions like the Reserve bank of Russia and China are likewise leaping onto the metals bandwagon driving the cost of these valuable products ever greater. This is spurring a gold rush not experienced considering that the Anguish Index years of the 1970s. Lots of economists now see gold in specific as an island of stability in a paper-based financial investment