⛏ Gold surges past $3,800/oz to record high

Morgan Stanley CIO favors 60/20/20 portfolio strategy
For decades, the 60/40 portfolio was the bedrock of investing. Stocks drove growth, bonds offered protection, and together they created a near-bulletproof balance. But when inflation roared back and both markets tumbled in 2022, the strategy cracked. Now, Morgan Stanley is proposing something no Wall Street giant has dared in generations: replacing part of the bond allocation with gold. Read on »

$40 Trillion by Next Year – The U.S. Debt Crisis Escalates
The U.S. Treasury recently released data that should make anyone nervous. In the first 10 months of fiscal year 2025, the budget deficit has already hit $1.6 trillion—$109 billion more than during the same stretch in 2024. In July alone, Washington overspent by $291 billion. What does that mean? Simple: more debt. Read on »

Gold surges past $3,800/oz to record high
Gold prices broke past $3,800 an ounce for the first time on Monday to hit a record high, as expectations of more U.S. rate cuts and concerns about a potential government shutdown fueled safe-haven demand amid heightened geopolitical uncertainty. Spot gold was up 1.5% to $3,817.16 per ounce at 1227 GMT, after hitting $3,831.19 earlier in the session. Read on »

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