Wall Street Journal: “His lack of confidence in central banks, as well as the dollar’s role in the global economy, dovetails with a Wall Street strategy known as the debasement trade. With inflation eating into the value of currencies in the U.S., Japan and elsewhere, more investors have turned to gold to safeguard their holdings.”
“Many gold companies advertise on cable TV and right-leaning media. Birch Gold Group lists endorsements from media personalities including Ben Shapiro and Donald Trump Jr. Goldco, another precious-metals company, boasts Sean Hannity and podcaster Shawn Ryan among its supporters.”
“Carlson said he had gotten an offer as high as $20 million a year to be a pitchman for a gold company. That figure made him skeptical of how the companies’ margins could be so high.”
Save to Favorites