The Biden Era: Big Bets on Big Government
Here we are in the 2nd quarter of 2021, and the year continues to shape up well for precious metals investors. While exuberant investors continue flocking to highly volatile and overvalued stocks, gold and silver cruised through a consolidation period that offered a great buying opportunity.
But doubt continues to creep into the markets, and with good reason. With President Biden’s agenda since he took office, its clear that pre-election promises of unity and normalcy will likely be elusive. In Global Gold’s Quarterly Digger, we look at Biden’s presidency thus far: if even one of the adverse scenarios we discuss materializes, it could trigger a much larger crisis. And we look at how the out-of-control spending of the past year has created distortions like these unique “alternative” investment bubbles. Anyone fancy a pair of Air Jordan’s?