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Gold Surges as the Debt Reckoning Begins
['Adam Sharp']
The Daily Reckoning
Gold Surges as the Debt Reckoning BeginsIt was a good day for gold bugs.
The market is slowly remembering that behind the Iran war and AI excitement, there’s still a looming global debt crisis.
This move is more about debt, the dollar, Japan, and fallout from the Iran war.
For me, gold, silver, and miners are a hedge against financial chaos.
So I’m holding onto my ~18% allocation to gold, silver, and miners.