Goldman Sachs: Dump Dollars and Buy Silver

[GURPS]

Sell dollars and buy silver. That’s Goldman Sachs’ recommendation.

Peter Schiff has been warning about a dollar collapse and now the mainstream is even getting bearish on the dollar.

In response to the economic shutdowns imposed by governments to deal with the coronavirus pandemic, the Federal Reserve is printing money to infinity and beyond. On top of that, it has shifted its inflation targeting to allow inflation to run hot meaning there is no end in sight to the currency debasement. This is bearish for the dollar and an article published by Reuters last month quoted a number of mainstream analysts talking about “dollar woes.”

Goldman Sachs: Dump Dollars and Buy Silver | SchiffGold

schiffgold.com

 

[Bird Dog]

Sell dollars and buy silver. That’s Goldman Sachs’ recommendation.

Peter Schiff has been warning about a dollar collapse and now the mainstream is even getting bearish on the dollar.

In response to the economic shutdowns imposed by governments to deal with the coronavirus pandemic, the Federal Reserve is printing money to infinity and beyond. On top of that, it has shifted its inflation targeting to allow inflation to run hot meaning there is no end in sight to the currency debasement. This is bearish for the dollar and an article published by Reuters last month quoted a number of mainstream analysts talking about “dollar woes.”

Goldman Sachs: Dump Dollars and Buy Silver | SchiffGold

schiffgold.com

It would of been very foolish to be hanging on to dollars for quite some time. That's why the Market is doing so well......also, never put all your eggs in one basket. Precious metals should just be a part of your investment strategy.......JMHO. Not a professional investment advisor.