A $1 trillion dollar bailout of overly indebted euro-area governments has helped push gold to a new all-time high. The bailout in Europe greatly diminishes the credibility of the European Central Bank and the euro. Investors are rightfully fed up with paper money. The only credible alternative to paper money is of course gold. How much gold do you own?
Gold Spot Price
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Portfolio Strategy: This is the Fair Value Yield on 10 Year Treasuries - August 23, 2017
- What does the Smart Money think of Tesla? - August 22, 2017
- Wal-Mart Expands Online Grocery Delivery - August 21, 2017