As artificial intelligence (AI) tools continue to become more advanced, there’s been a growing interest in the potential of these systems to offer investment advice. However, experts warn that while AI models like ChatGPT can provide general financial advice, they are not trained to develop sustainable, profitable investment strategies.…Continue readingCan ChatGPT Provide Good Financial Advice? Experts Say No.
Category: History and Economics
It’s true that ChatGPT has the potential to impact investors in various ways. By providing natural language processing and content generation capabilities, ChatGPT can assist investors in analyzing financial information more efficiently and accurately. But still no gold forecasting ;) but some potential use cases for ChatGPT in the…Continue readingCan ChatGPT Forecast gold Prices?
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The 1970’s Gold Boom.
You may be surprised to learn that the leading investment across the 1970s was not stocks, bonds, real estate, or traditional investments– it was gold that soared 2,300%. Driven by a War with Iran, record high oil prices, and roaring inflation, gold soared from $35 to top $850 an ounce…Continue readingThe 1970’s Gold Boom.
Throughout the late 70s, gold went on a bull run that was even more dramatic than the current bull market — only it ended suddenly and abruptly in 1980 — destroying the investments and life savings of those who believed “this time was different” and that gold was the…Continue readingWhat Happened to Gold in 1980?
People get confused about the nature of mass inflation, hyperinflation, and what causes both. Historically speaking, hyperinflation is essentially always a political event. Someone loses a war, the government collapses — some huge dramatic political event happens that triggers the hyperinflation. After this huge event, the politicians in charge…Continue readingWhere is the Hyperinflation in America?
Interest in buying silver as the precious metal best suited to hedging against inflationary government debt levels around the world, and a consequent imminent bond crisis, is growing among investors. Articles about investment in gold and silver typically receive ten times more page views than items about investment in…Continue readingBuying silver to hedge inflation and a bond crisis.