Dent Jr. notes gold tends to perform well during crises, and with India poised to become the next major gold consumer, its demand is expected to rise significantly.
At the aggregate level, all four major electronics fabrication hubs around the world recorded a year-on-year increase in gold demand during the first quarter.
Credit reports certainly don’t show what Powell is seeing as he looks on the bright side by staring into the sun, even though the data comes directly from the Fed.
The United States' spiraling debt is starting to draw comparisons to countries that have seen their currencies and economies collapse due to reckless fiscal and monetary policy.
Congress should rein in the Federal Reserve by passing the Audit the Fed bill, legalizing alternative currencies, and forbidding the Fed from purchasing government debt. The goal should be to abolish the Federal Reserve.
President Joe Biden is now threatening to raise tax rates and impose new taxes on investors in order to fund his massive $7.3 trillion budget wish list.
Platinum doesn’t get the same attention in investment circles as gold and silver, but the precious metal can serve a role in a broader wealth preservation and growth strategy.
