Top 10 Reasons Why Owning Gold & Silver is Financial Folly
von Mises Crack Up Boom could follow the negative economic effects of war
Gold today at 4490 is nearly equidistant between its BEGOS Market Value (5260) which has just begun to descend, and its Fair Value (3926) which is in ascent.
Interest on the national debt cost $1.2 trillion in fiscal 2025. That was up 7.3 percent over 2024. Interest is the second-highest spending category after Social Security. The federal government is already spending more on interest payments than it is on national defense or Medicare.
In periods of acute uncertainty, the immediate priority is not safety but liquidity. Investors do not calmly reallocate capital towards assets perceived as stable; they seek access to cash, often by selling what can be sold quickly and in size. Gold, as one of the most liquid assets in global markets, frequently becomes a source of funds rather than a destination for them.
Let’s summarize: inflation is likely to continue to rise; the economy will likely continue to weaken; the labor market is getting softer and more bifurcated; obviously energy prices are in flux.