RE:RE:Does anyone know the reason ehy FVL is up? Good question- the fed is a joke! Everyone knows that the runaway train ( inflation) cannot be curbed with a little .25 basis point raise in interest, and rumor that QE WILL BE Tapered is a weak promise --look: the national debt to gdp is at 125 percent ( 60% is dangerous) paper currencies are weaker than ever. Crypto ( fiat ) so called currencies are rearing their ugly head.
tangible assets are the only thing that a prudent investor
can rely on ie gold, silver real estate ,oil gas etc.
my old Corp finance 401 prof said in 1956 and I believe is-
and I quote " hard assets one day will drive soft assets
out of existence "
I believe this. However I may not be around at that time.
Ha!