Stock markets moved up higher this past week, but we believe that this is a momentary reprieve. On last week’s show we discussed a coordinated central bank rate cut, which we saw with the Fed and Bank of Canada dropping rates. Are more rate cuts in the cards? Now there are more pundits, like Jeff Gundlach are touting the benefits of gold here.
Timing the market with safe haven assets is misnomer. You cannot decide to time an insurance policy. Speaking of insurance policies; gold is an insurance policy that has paid off over the last two decades and will continue to do so. We do consider that the gold and silver bull market has reemerged here after bottoming several years ago. How does gold protect against inflation? How is it the protection that you should strongly consider for your portfolio?
Find out the best gold and silver products and product types to look for when acquiring precious metals for the first time.