Mining mogul Frank Giustra is no stranger to gold and remains outspoken in regards to the metal and its place in the world. See why the executive just acquired a $350 million gold mine in this week’s News to Know.
In recent years, there have been organized efforts across the country to pass laws recognizing gold and silver as money. While no success on the national level, one state was recently able to get a legal tender law passed, making gold and silver legal forms of money in this state.
Despite a troubled economic past, Argentina just sold 100-year bonds and global investors are clamoring to buy them up. If things go south, it may not only be bond buyers who get burned, but average Americans too.
Gold might have settled lower after a volatile week, but some traders still see a major upside in the metal. Find out why in this week’s News to Know.
Senate introduced a bill last month that presents a new assault on cash and digital currencies. Legislators are presenting the bill as a means to counteract criminal activity, but its implications could touch every American’s assets.
Following the 2008 crisis, global banks followed the Fed’s example to implement extreme measures in an effort to prop up the economy. Now, the five largest central banks hold the global economy in their hands and could impact our economic future for decades.
Analysts at Incrementum AG believe risk-happy investors are ignoring both the likelihood of a recession and the potential for the U.S. economy to fall into a stagflation scenario. See why they are speaking against piling into equities in this week’s News to Know.
Next Wednesday, the Fed will likely press forward to raise rates and cut its balance sheet. But, assuming it makes this move, it will be the first time in 80 years it has pursued this kind of policy amidst such tumultuous economic conditions.
While overvalued equities are struggling to find momentum, one notable money manager suggests that people should scale down on risks and move into gold. See why this asset management firm is focusing on real assets instead in this week’s News to Know.