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Watch part 1 of this interview: https://youtu.be/mwUSdQ1xLCo
Another “deep recession” will come, said Jeff Christian, managing director of CPM Group, and when it does, gold will reach new all-time highs.
“We’re going to have more recessions. You can’t predict when a recession is going to hit, or how big or how deep it’s going to be, but you can predict, with 100% certainty, that there will be future recessions, it’s just the nature of economics. When the next recession hits, what’s going to cause it? Probably some problem in the debt market or something else….and when you have that something scaring people and throwing the world into a recession, they will buy gold,” Christian told David Lin of Kitco News.
0:00 – Economic problems
4:57 – Deep recession
7:43 – U.S. dollar collapse
14:00 – Gold’s new all-time highs
Kitco Trade Signals: https://www.kitco.com/services/cpm-group-signals/?utm_source=Kitco.com&utm_medium=Articles&utm_campaign=TradeSignals
CPM’s YouTube channel: https://www.youtube.com/channel/UC59ED7RkMYTD9eTGr1dn98A
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Generate Cash by Investing in Gold
Gold is an asset that every portfolio should have some exposure to. There are two main reasons to invest in gold. This is required for diversification and as a hedge against inflation.
Utah Now Accepts Gold and SilverOne hundred and fifty years ago Congress passed the Legal Tender Act, authorizing the use of paper notes to pay government bills. This week, Utah Governor, Gary Herbert signed into law House Bill157 allowing gold and silver to be used as currency in place of increasingly worthless paper notes.
Why Physical Precious Metals Are Crucial in Any Investment PortfolioThe consensus amongst investors is that any well diversified investment portfolio, regardless of its size, should have exposure to the physical bullion markets. It has throughout history provided investors with a consistent, secure and safe way to accumulate and store wealth. Although Central Banks, financial institutions and High Net Worth Investors have been the main participants in the bullion markets for centuries, access to investment-grade bullion have until recently been limited for private investors…
Learn To Buy Gold Bullion CoinsCurrently, buying gold has proved itself to be a financially responsible decision. In fact, for many centuries, gold has been one of the more valuable commodities. Many countries have even given their lives for it, while their environments fight for the valuable commodity.
Investing in Gold for a Secure FutureSince the recession, there have been many people who have lost everything that they have worked for and saved for years at a time. Many of these people believed that the stock market was a fool prop way to invest and in the end lost everything. This does not mean they should not have saved for retirement. What they should have done though is saved in a much safer form. GOLD
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Buying US Gold and Silver Eagles As an InvestmentThe United States gold and silver eagles continue to be minted in abundance. There is a large market for these coins, as well as a diverse array of weights. This allows even the smallest investor to get involved in these coins.
Honest Money: GoldGold should be used as part of a balanced portfolio approach to investments. The author explores how gold not only protects against a currency risk, but also can be used as a hedge against the cyclical decline in equities.
Can You Still Make Money Panning for Gold?Gold’s current high value and the ailing global job market has led to a surge in regular folks exploring the sometimes lucrative career of gold mining. It is believed that billion of dollars worth of gold are still hidden in the United States! Who wouldn’t love a piece of that?