• May 29, 2024

3 Precious Metals Stocks to Own as the U.S. Dollar Declines

As the U.S. dollar experiences a gradual decline in purchasing power, investors are increasingly turning to precious metals stocks as a safe haven. Precious metals, like gold and silver, have historically served as a hedge against inflation and currency devaluation. Investing in companies involved in the exploration, mining and production of these metals can offer robust portfolio diversification. Moreover, investors can gain exposure to the price movements of these commodities, without the need

  • May 29, 2024

Is energy the gateway into the AI trade?

With the AI boom propelling markets, investors might seek alternative avenues to capitalize on this emerging trend. CNIC Funds CEO Tim Kramer joins Wealth! to explore why the energy sector could present an enticing entry point into the AI trade. Kramer emphasizes that electricity "is the most consumed commodity in the US." He draws a parallel between the AI trade and the gold rush, suggesting that while gold was initially the hot commodity, attention soon shifted toward the companies or individuals that supplied the gold rush and trade—a similar pattern he anticipates with AI and electricity. "Given that backdrop on how much more electricity this is going to take, we think that we're in a very interesting position to give people an opportunity to get exposure to that piece of the sector, which is the increase in electricity consumption," Kramer tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith