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Gold Is Going Back To $2000

Reuters has spoken. Gold is on the course for its biggest monthly jump since July 2020. On the other hand, the poor U.S. dollar seems to be comfortable on its trek down. The growing inflationary pressures is making the dollar less attractive and hedge assets, such as gold, more desired.

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Commodity Shortage Will Make Everything Expensive

Last week, I got a text from my favorite ramen place. They are finally open after being closed since the pandemic started. I ignored my logical brain telling me I should cut back on carbs. I mean, this is my favorite ramen we are talking about. I checked on their menu and low and behold, the $9 shoyu bowl is now $14.

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Effects Of Computer Chips Shortage To Our Economy

We have no chips. I mean, computer chips. These same chips are also used on phones, tablets, data servers, vehicles, heavy machines used in agriculture and manufacturing… basically everything we need to keep businesses running while we battle this pandemic that seems to have 9 lives. Without computer chips, our society as it is constituted today simply could not function.

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How Inflation Affects Your Retirement

I was a kid when I first realized money is trash. Specifically, cash is trash.
I wanted a new pair of basketball shoes. I found one that was about $50. My parents said I needed to earn the $50 I would need to buy it.

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We Made Oxygen In Mars

Last year, we reported that NASA was planning to produce oxygen on Mars. The device they developed is called a Moxie. The case is made of gold. Gold has very unique properties and no other metal can take its place.
Well, NASA succeeded.

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Planning For Early Retirement

Oh to be 35 and retired. It’s not impossible, but you need to have the right strategy in place to make it happen. Sure, you can be a millionaire before you even reach 20, amass enough cash to carry you through the rest of your life.

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Should You Open A Self Directed IRA?

For you to invest in gold, you need a self-directed IRA or SDIRA. Many investors pass on this one because they don’t want to go through the trouble of either transferring their 401k or traditional IRA to a Self directed IRA.

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How Economic Recovery Could Affect Gold And Silver

Goldman says that the U.S. Economy is finally seeing growth again but they warn that this could be bad for stocks.The stimulus is restarting the economy, as it was intended to do. Businesses are opening and people are spending. But, this jump start won’t last forever. Goldman Sachs thinks that it will reach its peak in the coming weeks.

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