Liberty and Finance, Released on 11/25/24

Craig Hemke discusses how gold continues to act as a reliable hedge against currency devaluation and economic uncertainty, even as it faces periodic fluctuations. He highlights a notable divergence between the behavior of the bond market and gold, signaling potential volatility in the near future. Hemke also points to silver’s strong potential, noting that it could achieve an all-time high yearly close by the end of 2024, driven by both increasing demand and favorable market dynamics. He suggests investors to maintain an exposure to precious metals in their portfolios, especially considering that the stock market’s current euphoria may not align with the underlying economic realities. With ongoing fiscal challenges, such as the U.S. budget deficit, Hemke emphasizes the importance of gold and silver for long-term wealth preservation, given their sustained demand and role as a safe haven in uncertain times.

0:00 Intro
1:20 Gold & silver pullback
11:10 Stock market
12:40 60/40 portfolio
17:58 Gold’s value in US dollars
21:17 TF Metals Report
22:36 Weekly specials

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

  Craig Hemke, gold, investing, silver, stock market