Tag: Commodities
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Note: This is not investment advice. Gold is up 52% this year, even after a recent dip. This rally is based on speculation, not real concerns about US government finances. Investors Still Love Treasuries Some journalists claim that the US government’s finances have spooked investors. If that’s true, why aren’t…
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Russia has cut off Europe’s gas supplies. But despite Putin’s best efforts, it’s looking like a toasty winter on the continent. Get the blog before anyone else…subscribe! Ships carrying liquefied natural gas (LNG) are lined up in ports across Europe. The only problem: finding a place to put it all!…
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When it comes to storing value, what could be more iconic than Fort Knox, where the US keeps a large portion of its gold reserves? It’s heavily guarded and contains gold worth over $290 billion. But that along with all other US reserves, at $456 billion, are worth less than…