This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The number of black swan events since mid-2019 is astounding, how Russia is re-re-defining central bank de-dollarization with gold, and an overview of why the remaining three precious metals are attractive right now.
“We’ve seen an unprecedented number of black swan events, and more are to come”
Nassim Nicholas Taleb’s black swan theory is a metaphor to describe an unexpected event or “outlier” that not only comes as a major surprise, but has a huge impact, quite possibly changing the world permanently. In a recent interview, Goehring & Rozencwajg Associates managing partner Leigh Goehring noted that black swan events have almost become business-as-usual since mid-2019. This kind of event seismic economic event tends to greatly boost safe-haven investment in gold.
Continue reading “Here’s Why This “New Normal” Is Great News for Gold”
