This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Always expect the Fed to mess up, $2,175 as the next target, and palladium during the Russia-Ukraine crisis.
Buy gold, says analyst, because the Fed can be expected to mess up
Keith McCullough, founder and CEO of Hedgeye Risk Management, says that the economy is heading towards something they label a “Quad 4,” a state of emergency warranting government intervention. A Quad 4 means disappointing growth and inflation, year after year. McCullough expects growth and inflation to slow, causing a period of major earnings losses in the stock market.
Continue reading “Analyst Reveals the Number One Reason to Buy Gold Now”
An employee works at Nadezhda Metallurgical Plant of Nornickel company, the world’s leading nickel and palladium producer, in the Arctic city of Norilsk, Russia. Image via REUTERS/Tatyana Makeyeva