In the wake of the G7 summit and FOMC meeting, Jawbone Powell wants to convince the market that inflation is transitory. When he’s telling people to take his comments with a very large grain of salt, you know he doesn’t even believe himself. When we look at the world with super-low interest rates and a rising debt unlike anything the world has seen and we can only surmise that the recent dollar strength is “transitory”. Of course, the temporary strength of the dollar was enough to create a buying opportunity for silver and gold buyers. So essentially, the gold and silver dip is a transitory opportunity. On this episode of the Real Money Show we also look at the world of Natural Fancy Colour Diamonds. This is a proven asset that has been used to produce generational wealth and like gold they offer wealth protection.
