Good Morning. Today is November 18, 2023.

This is Bullion Baron, the weekly precious metals newsletter that’s proud to be American.

Here’s what we got for you today:

1. Euro Zone - Recession

2. Economic Indicators Remain Confused

3. Gold is up again

The Baron's Investment Forecast

Link to forecast methodology.

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Euro Zone Recession

The recession in the Euro zone is more than a fleeting blip. That story is here.

The US needs to watch this as a cautionary tale of a looming US recession.

Smart investors continue to prepare for the worst, buying alternative commodities like precious metals.

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Continued Economic Uncertainty

“Neither additional disinflation nor continued resilience of real economic activity is guaranteed,” said Yinuo Zhang, a senior economist at RSQE. That comes from this story.

This is a dated story on mixed signals related to inflation and GDP from 2000. But, we should take a page out of that history book as a recession then hit. That article is here.

BB’s motto: Strategic holdings in gold make sense. Especially when kept safe in a vault.

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Gold is Up

Gold is up, many speculate based on the Fed’s pause. That story is here.

Savvy readers already have a firm opinion on this topic and are keeping powder dry. No reader is surprised that gold’s popularity would rise during global tensions.

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Do you remember when?

Here's a little 1950's nostalgia:

“Heavens! Buddy must have a girl”

-Colgate

On this day in history:

1872: Susan B. Anthony, among a group of other women, are arrested for illegally voting.

1993: North American Free Trade Agreement is voted through by the House of Representatives.

2013: NASA launches MAVEN probe to Mars.

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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.