The Italians use gold as an insurance policy against catastrophe. And when the country joined the EU, it triggered an emergency. The lira plummeted in value, but gold did not.
I’m comforted by the fact the mainstream financial press isn’t talking about gold. Because, by many measures, an investment in gold looks like a sure thing right now.
For thousands of years, gold was money. More important, the world still views gold as an insurance policy against financial troubles.
There is one standout this year that could easily weather a government shutdown and a stock market sell-off, and that’s gold.
Since bottoming in late 2016, gold prices have been up as much as 20%. Still, 2018 is the more promising year for the precious metal.
Lots of people have been asking: gold vs. bitcoin? Which should I add to my portfolio? And how much of it should I have…
I recently told readers of my Real Wealth Strategist newsletter: Now is the time to buy gold. I believe we could see the price climb 500% or more from here.
The thing you should be worried about is if your portfolio is prepared, whether the top happens tomorrow or in six months…