Introducing ‘In the Know with Kane’, Precious Metals Expert
Gold and Silver UK is excited to introduce In the Know with Kane, a weekly series that updates you with sharp, to-the-point insights every week. Each article will focus on current global events, geopolitical shifts, and economic trends that impact your investments, particularly in precious metals. Kane’s goal? To cut through the noise and give you a clear view of how these events could affect your wealth.
Each week, Kane will take you through what’s unfolding on the world stage, connect the dots on why it matters, and highlight how gold plays a crucial role in preserving and growing wealth. Here’s a preview of this week’s insights:
Israel-Iran Escalation and Its Global Impact
“I always thought weekends were for relaxing, but the Middle East seems to have other ideas. This past weekend, Israel launched airstrikes on Iranian military sites under the cover of darkness, with Iran now hinting at a response. It’s almost like a playground spat, but with Iran’s new membership in BRICS, the stakes here have become far more global.”
Geopolitical tensions like these have often driven investors toward safe-haven assets, with gold historically showing resilience during turbulent times. Last month alone, gold’s value in GBP rose by about 6%, while over the past year, in USD terms, it’s surged nearly 40%—outperforming most other investments by a mile, let alone the conventional investments. For more details, you can check the reports from the
The Times of Israel
http://GreekReporter.com
https://www.theguardian.com/wo
The U.S. Debt Crisis and a Dollar on the Edge
“They say the only certainties in life are death and taxes, but perhaps we should now add the ever-climbing U.S. debt. With over $35 trillion on the books and daily interest payments increasing, the dollar’s stability is facing serious challenges. So who’s going to pay for it all?”
With record levels of debt and daily interest costs exceeding £3 billion, the U.S. dollar is showing significant vulnerability. Global “de-dollarisation” is already underway, with more countries turning to alternatives for trade and reserves. Historically, each dip in dollar strength has coincided with a rise in gold prices, highlighting why many view gold as a stable store of wealth. It makes sense to hold gold now while the dollar’s still on its feet.
Look- USDEBT
Each week, I’ll wrap up with Where is gold going? To offer a look at the latest trends in gold and precious metals. Please don’t hesitate to reach out if you’d like to discuss these insights or review strategies. I’m here to help you stay prepared.
So… Where is Gold going?
Looking forward to keeping you in the know!
In the Know with Kane
Find Kane on X: Kane’s Personal Opinion @KaneWhi71523498