Biggest Money Doubling Down On Gold | Andy Schectman & Mario Innecco

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Biggest Money Doubling Down On Gold | Andy Schectman & Mario Innecco

//business-finance.news-articles.net/content/202 .. g-down-on-gold-andy-schectman-mario-innecco.html

Published in Business and Finance on Tuesday, January 21st 2025 at 12:41 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Liberty and Finance hosted Andy Schectman and Mario Innecco to discuss the current state of the global financial system. Key concerns included rising interest rates, strains on the insurance industry

The article from MSN Money discusses the perspectives of Andy Schectman and Mario Innecco on the current economic climate and the role of gold as an investment. Schectman, from Miles Franklin Precious Metals Investments, highlights the increasing demand for gold due to concerns over the U.S. dollar's stability, potential de-dollarization, and the financial system's fragility. He points out that central banks are buying gold at record levels, suggesting a shift away from traditional fiat currencies. Mario Innecco, a financial advisor, echoes these sentiments by emphasizing gold's historical role as a safe-haven asset during times of economic uncertainty. Both experts suggest that investors are increasingly turning to gold to hedge against inflation, currency devaluation, and geopolitical risks, with Innecco also mentioning the potential for gold to act as a counterbalance to stock market volatility. The article underscores a growing trend among investors to diversify their portfolios with gold, driven by fears of economic instability and a potential shift in global financial power dynamics.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/biggest-money-doubling-down-on-gold-andy-schectman-mario-innecco/ar-AA1xB3Af ]

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