The average gold price in Q2 this year was $2,337.98, up from $1,977.84 a year ago—an increase of $360.14, or 18.2%. This marks a notable 12-month gain for a relatively stable metal.
We don’t know yet by how much; but early news on the report puts the number around 600,000 or about 50,000 more new jobs reported each month under Bidenomics than we really had.
The problem with the Harris plan – besides basic economics – is that it doesn’t address the cause of price inflation. It has nothing to do with “greedy corporations.”
Politicians favor an “easy money” policy because it creates an (illusionary) economic boom. The Fed-created boom helps the politicians remain in office.
The U.S. Mint occasionally makes mistakes, and there's a laugh in the possibility that the mint might let a trillion-dollar coin escape into public circulation.
Holmes shared his expertise on financial trends, the current economy, the Japanese yen carry trade, and the future of alternative assets like gold and Bitcoin.
