The abandonment of liberty because fear drives people to trust government promises of safety is a phenomenon we have witnessed several times this century.
On the Money Metals podcast, Mike Maharrey talks with Axel Merk of Merk Investments about the growing gap between government fiscal policy and investor interests.
The rates were held at those levels for too long. A cleansing of sorts has to occur before the economy can build any momentum that reflects real and lasting growth.
The euro’s share of global reserves fell 2023 to 2024, from 16.5 to 15.9%. Gold’s share leapt from 18.1 to 19.6%. Dollars held tumbled from 48.4 to 46.5%.
Separating the signal from the noise may be the hardest challenge investors face. We’re all surrounded by constantly changing but mostly unimportant information.
