Tag: Gold
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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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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…