Good Morning. Today is May 27, 2023.

This is Bullion Baron, the weekly precious metals newsletter that pairs to your portfolio as nicely as a fine red wine to a ribeye steak. 

Here’s what we got for you today:

1. World War Tensions

2. Gold Prediction

3. Banks Update

The Baron's Investment Forecast

Link to forecast methodology.

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A World War Prediction

Rather than Taiwan acting as the catalyst for the US entering into a war with China, a recent article suggest that the South China Sea may actually be the cause. That article is here.

Months (years) of posturing between the US and China are nowhere near a conclusion. Smart investors continue to watch world tensions and buy secure commodities to hedge bets against world events. 

Savvy investors continue to purchase gold. 

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Gold Predictions Update

Gold continues to be a strong buy as global uncertainty continues. Here at BB, we've been highlighting these issues for several months.

A great synopsis of this prediction can be found here. 

The bottom line: the brewing issues create ripe reasons for concern. Because these downturns are so difficult to time, strategic holdings in gold make sense. 

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Big Banks Dire Prediction

Hugh Hendry, the hedge fund manager, predicts new regulations may be coming from the Fed. 

He wouldn't be surprised if they included new rules, such as a prohibition on withdrawing money from banks for 180 days. 

That story is here. 

At BB, we've been warning against banks for months. The smart investor does not rely on other institutions, even banks, to secure their money. They will look to other modes, like gold, to hedge their investments. 

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Do you remember when? 

Here's a little 1950's nostalgia:

"It's never too late to make dessert..."

-Jello instant pudding. 

On this day in history:

1908: Congress passes the "Second Dick Act," which, as part of a series of laws, restructures the old "militia" into a modern "National Guard." 

1941: President Roosevelt proclaimed an "unlimited national emergency," among rising world tensions. 

1948: Hank Greenberg buys an interest in the Cleveland Indians. 

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.