What Billionaire #Investors Are Doing with #Gold While You're Not Watching? What Billionaire Investors Are Doing with Gold While You're Not Watching? - Money Metals Exchange - Commentaries - Advisor Perspectives. With each passing day, systemic risks in the financial system become greater.
Smart money insiders and billionaire investors are taking note – and taking defensive actions. Mega-billionaire Carl Icahn, whose long-term track record is unrivaled, recently warned that “there will be a day of reckoning unless we get fiscal stimulus.” Icahn’s hedge fund is betting on a day of reckoning scenario. He has gone 150% net short the stock market while holding commodity-related positions to the long side. International currency speculator and leftist financier George Soros has slashed his fund’s overall equity holdings by 25%. “The system itself is at risk,” warns bond market wizard Bill Gross. Prices for financial assets such as stocks, bonds, and real estate investment trusts are artificially high because interest rates are artificially low. “We should be running federal surpluses right now not deficits. Triggering Event: Economic Recession To that, I respond: Get real!
© Money Metals Exchange. Is #Gold a Good Investment? Is Gold a Good Investment in 2017? As an investment, gold has always been a tricky one to handle.
In the old days, gold was used more as a savings instrument than an investment one. Today, however, gold is so much more than an instrument for protecting the value of your money against inflation. Royalty Free Photo Increasing demand and market changes have made gold a lucrative investment for several years. The big question is: is gold still a good investment to make in 2017? Decline in Long-Term Prospects One of the reasons why investors are questioningwhether investing in gold is a good idea is a recent decline in precious metal prices. If you look at the long-term trends, the price of gold is on a steady climb. Increase in Demand In 2017 alone, investors are banking on gold prices gaining around 12%. Find Out More > The 12% forecast is not a difficult one to achieve. Approaching Gold as an Investment Gold and other precious metals are far more accessible as an investment opportunity.
#Gold and #Silver Returning to Constitutional Status Across the U.S. Gold and Silver Returning to Constitutional Status Across the U.S. While some precious metal investors whine about foundational pullbacks taking place during gold’s return to a primary-bull uptrend since late 2015, perceptive folks are busy accumulating their money.
Many states have already passed laws, with many more in the process of formulating legislation to return gold and silver to their proper legal tender status. Another giant step took place in Nevada in June, when the issuance of bonds backed by gold was approved, which adds another debunking bullet point against pundit claims that gold and silver do not provide any yield. Nevada****_ Legislation Enables Gold Bonds_… “Assemblyman Jim Marchant announces the Nevada Gold and Silver Enabling Act. This legislation provides the state and its municipalities the framework to issue gold and silver bonds. Gold bonds were very common before the Federal Reserve came to town in 1913. Utah was the first state to reinstate gold and silver as legal tender by signing into law the “Legal Tender Act” in 2011.