⛏ Gold Hits $4,000

The Resource Roundup

Good Reads

Anxious Investors Push Gold Above $4,000 an Ounce for the First Time
Investors, money managers and central banks across the world have piled into gold this year, and on Tuesday pushed its price above $4,000 per ounce for the first time. The precious metal has gained more than 50 percent this year, setting a series of records in the process. Read on »

Every Lithium Stock Just Woke Up From a 3-Year Coma
Three weeks ago, the United States government did something it hasn’t done since they built the atomic bomb. The US Government wrote a check to buy direct equity in Lithium Americas. This wasn’t a loan, nor a grant. It was a skin in the game-ownership stake. Read on »

Ray Dalio says investors should hold more gold than usual
Bridgewater Associates founder Ray Dalio said investors should allocate as much as 15% of their portfolios to gold even as the precious metal surged to an all-time high above $4,000 an ounce. “If you look at it just from a strategic asset allocation perspective, you would probably have something like 15% of your portfolio in gold… because it is one asset that does very well when the typical parts of the portfolio go down.” Read on »

Community News

  • Billionaire Ken Griffin warns on consequences of gold's rally as Goldman targets nearly $5,000 Link>>

  • Day trading is about to get a lot easier for beginners. Things could get ugly. Link>>

  • Why Cannabis Stocks Surged Last Week Link>>

  • OPEC+ set for another oil hike as Saudi and Russia debate size Link>>

  • The gap between commodities and inflation expectations has never been this wide Link>>

Reply

or to participate.