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Spikes in commodity prices, as well as used cars and trucks, are likely to remain transitory said Bill Baruch, adding that the Federal Reserve was right about inflation projections.
“Inflation really is not a concern for me. Here’s the thing, where inflation matters right now, we already see it. Look at lumber prices, and look at chip shortages. It’s supply chain related,” Baruch told David Lin, anchor for Kitco News. “When it comes to the Fed’s metrics, we’re not really seeing the inflation, and that gives them better reason to stay patient.”
In fact, Baruch said that he wouldn’t be surprised to see a deflationary environment a few months from now.
0:00 – Top trades of 2021
3:26 – U.S. dollar
6:09 – Nonfarm payroll report this Friday
8:35 – Inflation concerns
12:27 – Outlook for jobs report
13:20 – Biden’s budget proposal
15:46 – Gold outlook
17:38 – Stocks outlook
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Important Tips on Buying Gold Bars and Gold Bullion
Gold Bars has been the most popular investment option for families from the wealthy and reasonably rich to ordinary people looking to park some of their hard earned money after spending on essentials. The idea of buying gold or gold bars is no doubt an attractive option which hedges against money plugged in other volatile and risky ventures or investments.American Eagle Gold Coins – A Strong Worldwide Representation of America
American Eagle Gold Coins, which are minted in the U.S.A., are regarded as well-known gold bullion coins. The standard of their gold content is that it should be 100% from U.S. sources alone to be considered legal. Initially launched in 1986, during the time when South African gold had been banned as an import product in protest to apartheid, the popularity of the American Eagle gold coin went up. Furthermore, it also encountered high demand amidst the ongoing situation.Buying Bullion
How do you make the right choices when considering buying bullion? Sometimes it can come down to your personal preference but it’s no surprise that one of the most popular choices is for gold bullion.Maple Leaf Gold Coin
The Canadian Maple Leaf gold coin is probably one of the most sought after legal tender gold bullion coins in the world. It is made from pure 24 karat gold. The majority of other gold coins like the South African Krugerrand and the Chinese Panda gold coin both have pure gold in them, but also contain trace amounts of copper and/or silver to increase their resistance to wear. The Canadian gold coins are unique in that they are 100% pure gold.Gold Krugerrand Coin
It can easily be said that one of the most popular gold coins in the world is the South African Krugerand. The South African Krugerrand has withstood the test of time, and even in the presence of many other reputable gold tender coins, it is still widely respected. Learn about the Krugerrand gold coin, and how you can buy it.Why Has the US Mint Stopped Producing Factional Gold Coins? Unprecedented Demand For Gold Coins
Peace of mind comes from owning “real money”. It can’t come from “paper” money, and I don’t mean just the dollar bills in your wallet, I’m talking about the money that is on the books of the banks, stock brokers, and financial institutions that say your account has a balance. But what does that really mean? A balance? A balance of what? A balance of their best “estimate” of the value of the paper they have in their vaults or on their balance sheets? How can you get peace of mind from that? You can’t.Why Investing in Gold Makes Sense For Every Prudent Investor?
For any investor worth his salt , a portfolio without gold in it is a bit embarrassing because there are compelling reasons for buying /investing in gold. The investment in gold makes more sense today than it did ever before. In India, there is an old practise of investing in gold via ornaments etc which is a very health practice as it helps every household diversify its investment portfolio to that extent.(Though gold bars would be much better).Gold Turkish Coins – A Neglected But Valuable Gold Coin
Why would you want to consider adding Gold Turkish coins to your investment portfolio? Many western collectors tend to neglect these gold coins when accumulating bullion because the inscriptions on most earlier coins were in Arabic style, making them hard to identify. This could be a big mistake! Here’s why.Gold Buffalo Coin – Discover Why It’s So Popular
The American Buffalo coin design was first introduced on nickels in 1913 by the United States Mint. In 2006, the Buffalo gold coin was introduced. This gold coin was created 58 years after the Buffalo Nickel ceased production. This coin was so unusual because it was the first coin that the United States Mint struck that was .9999 fine 24-karat gold.Junk Silver Coins and Circulated Silver Dollars Are Worth Hoarding
In times of deep economic crisis, which brings the world into turmoil, people turn to gold, silver, platinum, diamonds or any commodity that will guarantee purchasing power. It is time to start keeping an eye on the junk silver price. That is because paper money, bonds, deeds and whatever had paper value when the economy was vibrant loses its appeal.