Retirement Lifestyle Advocates
Industrial demand for silver is growing due to the increased emphasis on green energy.
Hang on. This could get bumpy.
Housing, oil, stocks, and economic output priced in gold would make the world a lot different place.
“The definition of insanity is doing the same thing and expecting a different result.”
It likely depends on the future action of the Federal Reserve. But, it’s also reasonable to assume that gold will higher when priced in US Dollars. If you’re a long-term investor, it pays to keep that in mind.
The world economy and stock markets have long been propped up by currency creation. Perhaps we are now on the verge of all that changing.
The Great Depression was a painful deflationary period caused by debt excesses. As debt was purged from the system, the price of stocks and real estate fell, and cash gained purchasing power.
In 1929, prior to the onset of the worst deflationary period in the last 100 years, private sector debt was about 140% of gross domestic product, and US Government debt was about 17% of GDP. That’s a total debt of 157% of the economy. Presently, total public and private debt totals 350% of the economy. That’s well over twice the debt that existed in 1929 when a painful deflationary period materialized.
The Fed seems to be poised to begin rate cuts again soon.
Thirty percent of Americans say they never expect to be financially secure.