Gold ETF’s Shine In Inflationary Times
What to make of the current inflationary economic climate? To hear a government economist tell it, it’s basically “nothing to worry folks. Nothing to see here.”
What to make of the current inflationary economic climate? To hear a government economist tell it, it’s basically “nothing to worry folks. Nothing to see here.”
Ray Dalio is the founder of Bridgewater Associates which manages over $150 billion in assets. Bridgewater Associates runs one of the largest hedge funds in the world, and their Pure Alpha fund has over $45 billion assets under management
In the early seventies, amidst political upheaval, inflationary pressures and stagnant economic growth, the richest family in America (at the time), the Hunt family of Texas, tried to corner the market on precious metals.
Former President Ronald Reagan once defined inflation as “violent as a mugger, as frightening as a mugger, and as deadly as a hit man.”
In the course of their evolution, every trader (if they are honest with themselves) has experienced disabling fear. How it happened – and why it continues to happen – often remain a mystery to the trader.