Gold, Oil, Wheat, & Stocks Since 2020
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown.
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown.
The long-term underperformance of gold stocks compared to gold itself is clear and indisputable.
I bought a stock (AU) at 20... Now, it's 23. I must be rich. That sounds ridiculous, and it is.
In Fed Chair Powell's speech this past Wednesday, he spoke about Fed monetary policy and also talked about the role of the Federal Reserve.
With the increasing gold price of late comes the assumption that the expected cut in interest rates will open a torrent of cheap money that will bring the U.S. dollar down with a thud.
Kelsey Williams has more than forty years experience in the financial services industry, including fourteen years as a full-service financial planner. His website, Kelsey's Gold Facts, features articles that aim to educate and inform others about gold within a historical context. In addition to gold, he writes about inflation and the Federal Reserve.
Kelsey is the author of two books: Inflation - What It Is, What It Isn't, And Who's Responsible For It and All Hail The Fed!: A Closer Look At The Federal Reserve