The repercussions of S&P’s downgrading the U.S. credit rating from Triple A to Double A continue to cause madness in both international and local markets, with the Dow Jones Industrial Average losing over 5% while the S&P and NASDAQ 500 falling over 6% each. What does this mean for you (as an investor and your portfolio?
In this video, Michael Haynes, CEO of the American Precious Metals Exchange (APMEX), explains how the new S&P rating for the United States might affect your portfolio as an investor.
Gold prices have reached new levels in the last couple of days as investors worldwide are flocking to Gold to diversify their portfolio in these rough economic times. This is basically the best time for you to invest in buying Gold to protect your portfolio and assets.
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