Gold market update: the debt to fear and how to prepare
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
CPM Group's Jeffrey Christian discusses the current federal debt, and some of the previous steps the U.S. took to reduce the Debt : GDP ratio in 1946 and 1979, as well as ways to reduce it now.
He also discusses the more problematic global debt and steps investors can use to protect themselves, including the importance of having gold as part of your portfolio.
Jeff concludes the presentation by debunking rumors about gold trades during the Asian trading day.