NYTIMES (Kailyn Rhone) - Silver Prices Are Surging Even Faster Than Gold
Silver has risen roughly 60 percent this month alone. What is going on?
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Silver has risen roughly 60 percent this month alone. What is going on?
Investors around the world are losing faith in traditional safe-haven assets like the U.S. dollar and Treasuries, fueling a fierce rally in gold. Why it matters: Gold prices have rallied over 17% so far this year as investors hedge exposure to Washington. What they're saying: "Investment dollars flowing into gold are largely a function of the risk associated with unpredictable policy in the American political authority," Joe Brusuelas, chief economist at RSM U.S., tells Axios. - Gold is acting as insurance against "policy fragmentation," says Paul Karger, CEO of TwinFocus, a wealth advisory firm. Zoom in: Global investors are "calling bunk on currencies," Karger adds. - Central banks globally are still buying U.S. Treasuries, which…
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^All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Video Music: YouTube Free Music: Cataclysmic Molten Core by Jingle Punks Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material…
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