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Bank of America Anticipates $2,000 Gold in 2021

Bank of America Anticipates $2,000 Gold in 2021

February 22, 2021 10:17 am Published by Leave your thoughts

Excess liquidity amid historic stimulus, as well as the unsustainability of ballooning sovereign debt, are key factors supporting gold's price in 2021. Furthermore, the analyst team found two traditional sources of gold demand expected to start buying again this year. See who'll be driving gold prices higher in 2021…

The Foundation for Potential Price Hyperinflation is Being Laid

The Foundation for Potential Price Hyperinflation is Being Laid

February 12, 2021 1:37 pm Published by Leave your thoughts

Despite evidence to the contrary, the Fed persists in inflation blindness. Chairman Jerome Powell seems determined to flood the U.S. with money until we see the inflation he thinks we need for economic health. Some worry the specter of hyperinflation is around the corner, but here's the thing: by that time, it's already too late…

U.S. Mint sold out of gold and silver coins

U.S. Mint Sold Out of Gold & Silver Coins

February 8, 2021 3:02 pm Published by Leave your thoughts

It's like 2020 all over again… The U.S. Mint has rationed distribution of gold, silver and even platinum coins on unexpectedly heavy demand. After seeing 258% sales growth over last year, amid an ongoing supply shortage, both the U.S. Mint and precious metals retailers were already behind before the recent surge in silver. Here's why the U.S. Mint can't make enough eagles this year…