David Fischer, CEO of Landmark Capital joins The Kevin McCullough Show for another exciting Money Monday. Between now and July 4th David is having a gold coin giveaway that’s worth 1500 2000 dollars. With missiles being launched into Syria over the weekend, we didn’t see much of a bounce in the markets. A global synchronized recovery is happening right now, and that’s why we are experiencing positive indexes. David also explains why gold is going up due to the Petro-Yuan being launched.
Indexes are up due to a global synchronized recovery
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Show notes –
– Massive Tax Cuts in the United States have left a positive footprint on the markets
– Oil is at 60 dollars a barrel.
– The CBO of Congressional Budget office announced we have the excess spending of 60% of our GDP.
– Historically, whenever inflation hist an economy, gold rises in value. With this showing as Gold is always up.
– Gold is up 3.4% year to date as stocks are down 0.5% year to date.
– Nearly a month has passed since the release of the Perto-Yuan and the first contracts are coming up.
– The dollar has dropped in a value of 13% over the last 6 months.
– Gold could be going up in value as the Petro-Yuan is backed by oil and gold.