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May 11, 2024 Editor's Note: The message below from one of our partners is one we believe you should take a close look at.Dear Reader, As the Federal Reserve continues to wrestle with inflation, more and more investors have shifted their focus to gold. So, what makes gold such a popular hedge, and should you consider it for your own portfolio? Well, take a look at this chart: You see, in order to service its titanic $34.6 trillion debt load, the federal government is spending more than $1 trillion per year in interest expense. Historically, gold loves runaway government indebtedness. That's because as the U.S. strains the confidence of its creditors, they often look to gold as an alternative investment. Case in point: China holds 40% fewer U.S. treasuries today than it did in 2014. Meanwhile, they've massively increased their supply of gold, adding 225 tons in 2023 alone. Thanks to China (and high U.S. debt), gold is positioned to be a solid investment over the coming months. But it's far from the biggest opportunity on the table this year... While gold may be thanking China for its recent growth, this sector is currently thanking Elon Musk. As crazy as it sounds, artificial intelligence just got one step closer to ushering in "the next step in human evolution"... and minting new millionaires. And it's all thanks to Musk's latest AI creation. Regards, Eric Fry
Trading involves risk. The information provided is NOT trading advice. Neither the Editors, the Publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from the newsletter. Past performance is no guarantee of future performance. This recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability for any purchase or order made from any company or entity mentioned or recommended in this email. |
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