Gold and silver are seen as having specific properties that enable them to beat other assets in maintaining value and liquidity.
“Essentially, as soon as the government stops the expansion, you are going to hit one of these deflationary corrections with all of the nasty business cycles that accompany it,” Lu said.
Europe’s debt crisis has many American investors closely watching the euro. Since the euro can impact U.S. investors, Americans should be aware of the euro’s worth.
The U.S. international trade deficit dropped 12.4 percent in February and reached the lowest point since November, as exports reached an all-time high and imports decreased, the Commerce Department said Thursday.
With gasoline prices already well north of $4 a gallon, north state consumers and businesses are wary about what the months ahead will bring.