This trend invites you to reflect on Statist economic policies in Europe and those promoted by the Democratic party in USA. It is true that I tend to simplify in life and I feel a bit like the old men of the 50s who blamed the ills over Spain «To the Judeo Masonic contubernio paid with the gold of Moscow”.
But impossible not to remember the congresswoman Alexandria Ocasio-Cortez defending that the New Green Deal It was going to be financed with the Modern monetary theorywhich consists, basically, that the Federal reserve Buy the public debtwith what you can Use the machine to make tickets at will.
Something that has also done the European Central Bank (ECB)that of Japan with the abenomics… And by the way, they have very little modern, because Manufacture paper money without support has been done since time immemorial. Always with the same consequences: inflation.
That value destructive policy triggers assets that are tangible, finite and exchangeable. He oro It has proven to be the most profitable asset in the last year. His nature makes him a safe shelter in times of economic uncertainty. And something else. It can be said that it is the best known financial asset.
Thus, seeing the more profitable investment funds so far this yearall are focused on This precious metal. Not only this year: the background CINVEST MULTIGESTION ORICCO FIX SELECTION He achieved a revaluation of 128.49% in 2024, reflecting the attractiveness of gold in the current market. But, according to the portal quefondos.com (From a Spanish company that carries lustra analyzing funds and has real -time information), there are dozens of gold products exceeding the 30% annual. Of Schroeder, Templeton, UBS, Invesco… as well as a lot of ETFs.
Three years seen, Türkiye It also shines. After periods of economic volatility, the country has adopted monetary orthodox policies that have stabilized their economy and promoted growth. Investment funds focused on the Turkish market have reaped significant returns, evidencing the effectiveness of these policies. For example, the HSBC Global Investment Funds – Turkey Equity AC registered a remarkable performance in this period.
As the same source, three years, the Turkish funds lead the profitability. Some of HSBC, BNP, Lyxor o Invesco They pay more than 150% accumulated in the periodeven if they are correcting in recent times.
And five years, The energy sector It has proven to be the most solid investment. The growing global energy demand, together with the limited offer of resources, has promoted prices and benefited companies in the sector. The best in the five years exceed 300% and are all energy: from Schroders, Goldman Sachs, Algebris, Templeton, Pimco …
It is remarkable that European Variable Income It does not appear among the most return assets in these periods. The statist economic policies implemented in our continent regulatory y parasitic of the growth They have a lot to do.
Similarly, the Democratic Party in the United States, Brussels Lanked continuously Anti Market proposals, anti economic growth y anti employmentalthough the minimum wage improves the labor market.
Gold is the best asset in the world, we have already said it. But the profitability observed in assets such as that precious metal, emerging markets and the energy sector, together with the absence of European variable income between the most profitable options, highlights the need to reassess economic policies.
OK, The arms are rising to the heat of the injection of spending that is promised on them. But that is bread for today and … Is it too much to ask for the promotion of a more favorable environment for investment, innovation and business growth?
If that address is not taken, what was said: Buy gold.