Doug Hornig: Other central banks would follow the U.S. lead and stockpile more gold. (They’ve been buying a lot in recent years, so perhaps they already know something we don’t.)
Indeed “the better buy” has been Sweet Sister Silver, coming Friday within a hair’s breadth of touching the 60.00 milestone
Nevertheless, the BIS has a well-placed confidence that no mainstream financial news organization will ever ask it to explain the purposes of the swaps and to identify the parties to them, lest gold cease being the immensely powerful secret knowledge of the financial universe.
In a world where shocks and surprises are increasingly the norm, gold’s capacity to provide diversification and downside protection remains as relevant as ever. That is not a slogan. It is just an old lesson..
Technical stock chart updates: $APGOF, $TQQQ, $NUGT, $FCX, $HL, $GDX and more
I don’t think it’s just me. We are all getting overwhelmed with information and seemingly important news. What will the Fed do? Is Trump going to invade Venezuela? What about Israel? Ukraine? Is the economy...
