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Soon enough, robots will operate on people. Don’t worry, there’s still a human doctor overseeing the robot. In fact, Vicarious Surgical, a company that develops medical robotics just went public. It was founded by Adam Sachs, an MIT grad and alum of the 2019 Forbes 30 Under 30 list.
According to the Boston College Center for Retirement Research (CRR), half of U.S. households will not have enough money in their retirement account to maintain their standard of living when they retire even if they work to age 65 and annuitize all financial assets, including securing a reverse mortgage on their home.
There are over 57 million people in the United States that are 65 or older. Medicare statistics show that by 2050, that number will grow to over 80 million and a very large percentage of those will be in the 85+ category. That is the category that requires the most long-term care or, in government-speak, LTSS or long-term services and supports.
There’s this persistent narrative – when Bitcoin goes up, gold goes down because, apparently, Bitcoin is going to replace gold as a hedge. This is one of the most misguided beliefs I have ever heard. Not only are these two assets both necessary in your portfolio, but they are also two very different assets and both are necessary for a more stable investment portfolio.
Since this time, oil has been discovered all over the United States – from Texas to Alaska. Today, the US is one of top importers and exporters of oil. The long standing question is why import oil if we are producing our own?
Not only will silver’s monetary side will shine bright in 2021 in an environment where the U.S. dollar is driven lower by rising inflation pressure and low interest rates, but Hansen also said in his report that industrial demand and the green energy revolution will be an essential factor for silver.