Morgan noted gold's status compared to silver and its limited mainstream media coverage until reaching significant highs, and highlighted the inflation-adjusted nature of current prices.
Metals sales tax battles are heating up -- with important bills moving forward right now in Kentucky, New Jersey, Idaho, Nebraska, and Iowa, among others.
Unfortunately, this latest sequel is as bad as the previous ones, as the American people are left with a massive $1.2 trillion dollar spending package to add to our already $34 trillion in debt.
Since the gold-silver ratio tells us the price of gold relative to silver and vice versa, we can look at historical trends and draw conclusions about the prices of both metals.
The crisis is morphing into a catastrophe as the consequences of non-performing commercial real estate loans litter the balance sheets of already insolvent financial institutions.
The gold market needs more gold mines to avoid having to recycle gold to meet global demand, but if Biden gets re-elected, federal opposition to US gold production is likely to intensify.
An allocation to gold and silver fits squarely within the objective of protecting Utah against financial risks and would logically be included in a list of safe and liquid investment options.
