Monday, February 19th, 2018 MST

Category: Inflation

What to buy?

Recently a client wrote: “In 2004, I started buying gold and silver because of increasing US debt, thinking that inflation would come about and the dollar would suffer.  Now David Stockman (former Budget Director under Ronald Reagan) forecasts imminent doom for the stock and the bond markets.  And, I agree that it will most likely

Modi paper money cancellation crushes gold

Tuesday last week, India’s Prime Minister Narendra Modi demonetized 86% of the money in circulation, except for special uses. Ostensibly, it was a move to check black money, i.e., counterfeit money, money that was gotten through graft or corruption and money on which taxes had not been paid. In the four trading days following the