Former Fed insider Danielle DiMartino Booth knows why gold and silver prices have been taking off in the past few months. DiMartino Booth says, “The reason you have seen as much interest as you have in gold comes down to something very simple. We are in a speculative ball right now. Whether you are talking about junk bonds or the stock market, everything has gone completely haywire. . . . When the peanut butter hits the fan, gold is the one place where investors can find the protection they need. . . . As long as there is anxiety and disruption potential, that is what makes gold the perfect hedge whether you see deflation or inflation further out on the horizon.”
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