Mar 31, 2020

Gold Isn't A Fear Trade

The media coverage, what little there is, of why people are buying gold, is wrong. Gold isn't a fear trade, or a hedge against the stock market. It's the best way for savers to protect their purchasing power when central banks are intent on destroying it by printing paper money. 

Thoughts On Trump's Infrastructure Spending Plans

President Trump thinks it's the perfect time for the government to borrow trillions more to improve our infrastructure. That's like a guy who just lost his job deciding it's the perfect time to take out a second mortgage to put in the swimming pool he's always wanted.

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