Investments for this Brave New World | |
Frank Holmes and Jeff Deist return as guests on this week’s program. Trillions of dollars created out of thin air serve to reduce interest rates toward zero. This combined with lower capital gains taxes has resulted in the greatest financial gambling casino in history and taken wealth away from production. Now, with inflation on the rise, the days of zero interest rates appear to be numbered. And a new administration is likely to hike capital gains taxes forcing capital more toward companies that actually produce useful products and profits. What kind of companies will benefit most from this rapidly changing environment? Gold and various commodity producers should do well as raw materials prices rise. But what about technology stocks, including crypto currencies? We asked Frank, whose funds invest in both precious metals mining and crypto currency mining, to opine. Jeff provides insights into political and economic factors shaping changes in this brave new world. Your host updates some of his favorite gold shares. | | |
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