Remember the 2nd prong in bankrupting the Soviets, reducing their Foreign Exchange income? The first step on that was to determine where the Soviets income mostly came from. It turned out to be Oil and Gold.
Journalist Henry Hazlitt: "We have seen that the added amount that consumers pay for a tariff-protected article leaves them just that much less with which to buy all other articles."
Higher interest rates mean higher mortgage rates, higher rates on personal and car loans, and higher credit card interest — all of which hurt the average American.
Anyone with wisdom and foresight should safeguard their hard-earned wealth with gold and silver—timeless forms of money that have reliably served humanity for thousands of years.
As President-elect Donald Trump moves forward with plans to shake up the federal establishment, precious metals markets are experiencing a price shakeout.
By spring—around April or May—I think we’re going to see gold at or probably above $3000 and I think we’ve still got until at least 2027 or 2028 before this move is finished.
What similarities can we draw from the first Trump election victory and the current one in the precious metals markets? What's next for precious metals in 2025?
Everything Trump wants to do will face powerful opposing forces, and not always Democrats. Many will be other Republicans, or people who supported his campaign.
What Is the Catalyst for the Gold Price Drop? What Are the Key Drivers Behind the Gold Market?
Can Trump Fix Things?
Will Gold-Silver Stocks Continue to Disappoint?
