Saturday , 23 November 2024

Lorimer Wilson

$10,000 Gold May Be Too Conservative A Target

$10,000 may be too conservative of a price target for gold up ahead with a lot of pain before we get there, both in commodities and the broad market. A deflationary bust is coming that will wipe out most asset categories, before stagflation takes hold, the Fed intervenes, and commodities skyrocket to previously unimaginable levels.

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Take A Look: We’ve Got the AI Sector Covered!

There are hundreds of AI-related stocks trading on various exchanges around the world and that number has been reduced to 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and put into portfolios which are tracked on a weekly basis. What follows is a summary of these 7 portfolios' performances this week.

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Why Do Central Banks Buy Gold? Here’s Why

Central banks like gold because the metal is expected to hold its value through turbulent times and, unlike currencies and bonds, it does not rely on any issuer or government. It also enables central banks to diversify away from assets like US Treasuries and the dollar.

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What Is A Universal Basic Income? Why Is It Flawed?

A Universal Basic Income (UBI) sounds great in theory. According to a previous study by the Roosevelt Institute, it could permanently increase the U.S. economy by trillions of dollars. While such socialistic policies sound great in theory, history, and data, they aren’t the economic saviors they are touted to be.

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