Gold continued to hover below historic highs on Thursday. US data earlier this week showed inflation eased in July, bolstering expectations that Fed will cut interest rates in September. Monetary easing expectations contributed to the 19% rise in the yellow metal so far this year. As a non-yielding asset, lower interest rates make gold a …
With gold dominating headlines today, you might be wondering how to own the mysterious yellow metal. After 11 years of gains, many investors are beginning to understand the logic professed by gold bugs throughout this bull market.
We began this series with an attempt to cut through media spin and answer the question what is gold? Next we laid out a fundamental strategy for owning gold in a balanced portfolio.
We have established gold’s critical role as the backbone of monetary systems. Hopefully there is an understanding at this point that your personal assets should likewise be backed by something real. The logical question remains, how should one acquire this misunderstood asset?
Sandwiched between mercury and platinum on the periodic table, gold is just another element occurring naturally in the earth’s crust. This shiny yellow metal differs from its peers in that it has a powerful effect on human beings.
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.”