Gold Will Emerge Stronger Than Ever From the Post-Pandemic Environment: CPM Group – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
Scams and frauds are often as creative as they are crooked, and the latest string of Social Security scams that has been sweeping the nation is yet another example of this. Like most scammers, the perpetrators are either looking to get cash before hanging up the phone, or are hoping to harvest personal information for a more elaborate scam at a later date.
Hang up, that’s not Social Security calling to threaten you
The Social Security media scam is fear-driven, and often marked by meticulousness. The scammers will phone or contact the victim, posing as a Social Security agent and informing them that their Social Security account has been compromised. The fraudsters know their way around technology, and are able to spoof the caller ID to make it look as if the call is coming from Washington, D.C.. Sometimes they will also present an agent’s badge or other information to persuade the respondent of their legitimacy.
Billionaire Investor: You ve Got to be in These Precious Metals – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
Since the pandemic began a year ago, the term “new normal” has become part of the American lexicon. Not “new” as in better or improved. But rather “new” as in contrast to the way things used to be.
Much of the mainstream discussion argues that returning to the “old” normal isn’t likely to happen. Things like pre-pandemic employment, closer-to-normal price inflation, and less economic uncertainty just aren’t on the map.
The Street summed it up generously as: “Numerous chain reaction ripple impacts will delay the economic recovery.” Some of these “ripple effects” were in motion long before the pandemic hit.
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: How the expansion of money supply is boosting gold’s allure, an overview of last year’s precious metals imports to the U.S., and U.S. Mint releases final batch of American Gold Eagle coins with current design.
Historic monetary stimulus is casting a bright light on tangible assets
The multi-trillion dollar stimulus appears to have achieved the desired effect, at least in the short term. The influx of freshly-printed, free floating money encouraged risk-on sentiment, increased bond yields and caused money managers to once again turn away from gold.