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.
Mar 31, 2020
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.
You Are Paying For The Bailouts!
If you don't know who is paying for the massive stimulus bill and bailouts, it's you. There's no free lunch. Everyone who saves or earns dollars will have their purchasing power stolen to fund an unprecedented increase in government spending. If you don't want to pay, buy gold.
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