A good explanation of why fiat currency is the enemy of liberty and gold is the friend of liberty is provided in “Gold and Economic Freedom” written by none other than Alan Greenspan.
Metals Focus summarized the divergence between the two metals, asserting, “In effect, platinum investment has lost some momentum, while palladium has lost more conviction.”
While many investors remain focused on inflation, interest rates, and geopolitical tensions, Pento believes the biggest risks are structural—and they're only getting worse.
By filtering fanciful assumptions, and reducing and ignoring the noise, it’s easier to maintain focus on fact-based fundamentals and embrace the long-term trend of the monetary metals.
Among the most significant fundamentals and trends...
The market quite simply is out of gas. It does not have the old energy it once had for high-tech that was driving bets relentlessly higher. It is, in fact, quite literally out of gas as it also struggles with the huge energy shortage...
A 2% inflation target may sound small. Over time, it is not small. Ten years of 2% inflation adds up to 21.9% higher prices. Twenty years means the cost of living is 48.6% more expensive than it would have been without inflation.
