I got Jim Rogers' thoughts on the gold and silver spike we’ve seen in the last year, what he’s seeing going forward, and he also passed along some incredible investing wisdom.
The current interest rate seems high because it was so low for so many years. Today, we have a whole generation of people working in finance who can’t conceptualize “normal” rates.
HUI has been doing as expected, taking a multi-month correction to clean up the excesses and test major support. But it has not yet broken the correction.
One of the most important developments in the gold market: central banks are not only buying gold, they are increasingly thinking about where that gold is held.
The coalition argues that precious metals play an increasingly important role not only as financial assets but also as critical inputs for defense, aerospace, electronics, and more...
Pure gold is soft. In fact, you can bite a 24-karat gold coin, and it will leave toothmarks. This is why gold jewelry is generally mixed with other metals.
Inflation drives up the gold price over time. However, that upward trajectory can be confused or even obscured by daily, weekly, and even monthly corrections and price movements.
Ever since I was a little kid, I’ve loved space, rockets, and science fiction. However, parts of SpaceX’s offering document read like a sci-fi novel. It’s pretty far out—as is the price of the offering.
That said, I applaud Elon’s successes...
