Saturday , 4 May 2024

Search Results for: Trump

Tariffs: What Are They & How Do They Impact the Economy & Your Investments? (+2K Views)

President Trump recently announced new tariffs on imports of steel and aluminum, in a move that got mixed reviews from business and political leaders. The new tariffs would increase levies on aluminum by 10% and steel by 25%. There is much debate about the sensibility of these tariffs, but rather than wade into that morass, let's examine what tariffs are and how they impact the economy and your investments.

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Add Gold Stocks To Your Portfolio Right Now – Here Are 4 Reasons Why

The price of gold has been feeling the pressure lately from a stronger U.S. dollar, which is at a four-month high, and rising Treasury yields. Nevertheless, the yellow metal eked out a positive March quarter, returning close to 1.3%, while the S&P 500 Index posted its first negative quarter since 2015. This tells me the investment case in gold and gold mining stocks remains as strong as ever. Below are four more reasons why I think you should consider adding gold stocks to your portfolio right now.

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The Seven Pillars of Gold

You need to own gold; and you need to own shares in companies that find and mine it. I lay out seven reasons that reinforce the argument for holding gold. Here they are:

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