The Gold IRA Company
Matches Exceptional Investors with
Exceptional Investments
Blog
GOLD PROTECTION IN A BLACK SWAN CLIMATE
UNCERTAIN MARKETS
As U.S politics heats up with lots of drama and the global geoeconomic and geopolitical tensions rise, holding physical gold as safe-haven diversification offers many investors priceless peace of mind.
In fact, according to one expert, gold’s safe-haven characteristic may be one of the driving forces that push it higher.
“One always wants to have some gold and I think particularly now in troubled times. There’s so many potential black swans that could enter the scene so you want to hold gold as an investor right now,” Steve Hanke, professor of Applied Economics at Johns Hopkins University
BLACK SWANS
According to Investopedia, “A Black Swan is an event or occurrence that deviates beyond what is normally expected of a situation and is extremely difficult to predict.
The term was popularized by Nassim Nicholas Taleb, a finance professor, writer and former Wall Street trader. Black swan events are typically random and unexpected.
Taleb believes that black swan evens are impossible to predict yet have catastrophic ramifications, therefore it is important for people to always assume a black swan event is a possibility, whatever it may be and to plan accordingly.”
With North Korean tensions and escalating global terrorism, holding physical gold and silver in your portfolio can afford you the safety, protection, and diversification you have been seeking.
FOLLOW THE MONEY
If investors look carefully and study what successful billionaires are doing they will find important clues to the path of safety and abundance. For example, on April 24, 2017, David Einhorn, president of Manhattan-based hedge fund firm: Greenlight Capital, stated: “Gold remains a long-term position with a thesis that global fiscal and monetary policies remain very risky.”
And TD Waterhouse research says: “Given the current political circumstances and emerging uncertainty surrounding US rate hikes and broader monetary and fiscal policy, we believe there could be further room for gold to move higher still. The yellow metal may well trend toward a technically determined high.”
Colin Ciesynski, chief market strategist at CMC Markets, points to increasing political uncertainty as the current key driver for rising gold prices.
Ray Dalio, founder of Bridgewater – the world’s largest hedge fund has now issued this warning: “Time to Hedge Now, Before War or Debt Crisis Hits.” He says that two things that keep him up at nights these days are the escalating North Korea aggression and the looming U.S. debt ceiling debate. On these issues he says: “If the above things go badly, it would seem that gold (more than other safe-haven assets like the dollar, yen and treasuries) would benefit,”
CALL US TODAY FOR YOUR FREE COMPLIMENTARY PRECIOUS METAL CONSULTATION: 855-554-4853