Gold & S&P 500 Earnings

Monetary authorities around the world are stocking their national reserves with gold, driving up the metal’s price. De-dollarization is on the agendas of nations that are US adversaries for sure. The move to gold started after the US froze Russia’s reserves when the country invaded Ukraine in early 2022. President Trump has contributed to the move with his debt-defying fiscal policy and attacks on the Fed’s independence. William examines these trends and asks: Is the dollar’s supremacy at risk? … Also: Joe chronicles the wild rollercoaster rides of three stock groups during the year’s first half: the S&P 500, the Magnificent-7, and the “S&P 493.”