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There's Gold In Them Their Hills!
Bloomberg News reportedly published a story about the Chinese government possibly reevaluating its massive holdings of U.S. Treasury securities.
If the Chinese follow through, it would suggest rising interest rates and rising inflation. In a rising inflation environment, hard assets, e.g, gold, silver, etc. are generally preferred over paper money.
All this is speculative; yet the potential scenario exists for a rise in gold and silver. As a disclaimer: I own, and have for several years, gold and silver stocks (I currently own a top-tier gold stock) as an insurance policy for these type of events. Everyone is a free agent. Yet, it is my opinion that you might, in light of this event, consider gold and silver.
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Walt (Teach)
"Walt, make a 'mental bet' and lose your mind." R.N.S.
"The important thing is what I think of myself."
"David and Lisa" (1962)
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