August 18th 2020
I just bought another 2020 1 oz Gold American Eagle.
And, using my favorite authorized online dealer, I didn’t even use fiat / traditional cash to do it!
For many of our longtime members, this may even come as a surprise… considering that I’ve written extensively over the years about Gold NOT being a legit investment in my book.
However, with the S&P 500 hitting the highest point in the history of the universe today (courtesy of nothing other than Fed-Bux and Powell), the above thesis doesn’t discount a hard-asset, like precious metals, being used and held as ‘backup money‘ or as a store of value – i.e., an asset that retains or appreciates in terms of purchasing power through time.
Want to see how I made this purchase? Meaning, do you want to watch over my shoulders as I do the transaction?
Well, guess what Lwl, I’ve had the show ‘n tell video housed under our Money > Manage > Manage Crypto section since 2017!
I have repeated what I show here several times for myself. And, again, just last night.
If your M4 Insider membership is active, simply login and see what I think about BTC, gold and how the two interrelate and are an incredible value-to-value exchange with each other; as well as a stand-in proxy for the general dollar down madness that the Deep State is fastidiously orchestrating right in front of our eyes.
Click any of the links above, or this image, to see my member-only video: