Gold Passes $2,500 - 5 Things to Know - #4 - August 23rd, 2024 скачать в хорошем качестве

Gold Passes $2,500 - 5 Things to Know - #4 - August 23rd, 2024

Gary Brode of Deep Knowledge Investing and Robb Fahrion of Flying V Group discuss the 5 Things to Know in Investing This Week: The Uranium Market is Out of Balance Issue -The Fed is going to cut. Inflation is not defeated. Predictably, gold hits a new dollar price record. DKI Summary: On Tuesday, gold closed at a high surpassing the $2,500 benchmark, bringing the value of a 400-ounce gold bar to over $1 million. With the Federal Reserve signaling rate cuts are coming "sooner rather than later," investors are increasingly turning to gold as a hedge against the weakening dollar. Central banks (excluding G7 countries) have been amassing large portions of the metal. Economic uncertainty remains the strongest driver for gold, with job numbers and persistent inflation bolstering its appeal further. DKI Takeaway: With the Fed about to cut interest rates and Congressional overspending not about to stop, we should prepare for higher long-term inflation. Reduced compensation for holding dollars and weakening purchasing power tend to increase the dollar price of gold. Gold has been one of DKI’s favorite long-term hedges against a declining dollar, and has been a reliable economic hedge for centuries. We also think it’s a good idea to have some assets outside the financial system. Gold and Bitcoin (with self-custody) are great options. If you want to learn more about how DKI hedges against the government’s irresponsible fiscal and monetary policy, follow our positions list. Your links: This week's written version of the 5 Things with graphs: https://deepknowledgeinvesting.com/we... Deep Knowledge Investing Subscription Page: https://deepknowledgeinvesting.com/we... Flying V Group: https://www.flyingvgroup.com/ #deepknowledge #deepknowledgeinvesting #investingnews #garybrode #robbfahrion #flyingvgroup #dki #investmentresearch #investmentknowledge #investmentstrategy #investingstrategies #GoldSurge #GoldInvesting #SafeHavenAssets #InflationHedge #FederalReserve #InterestRates #WeakerDollar #CentralBankStrategy #EconomicUncertainty #LongTermHedge #GoldAndBitcoin #PreciousMetals #FinancialStability #InvestmentStrategy #FiscalPolicy #gold #sliver #gamestop #bitcoin #politics