It's War!

The U.S. has launched a war against Iran. What does that mean for gold and silver? Of course, war, but its very nature, is unpredictable. But we do have plenty of past wars we can look at to establish historical trends. In this episode of the Midweek Memo podcast, host Mike Maharrey does just that, looking at the trajectory of the gold price during past wars. He finds that war itself has not had the significant impact on gold prices one might expect. There are other dynamics we need to consider. In this episode, Mike also reminds listeners why they should take precious metals investment advice from the majority of mainstream financial planners or talking heads on the major networks.Click the icon below to listen.