Topic: Mutual Funds

Dr. Kirk Elliott reports that silver has outperformed major stocks over the last three and a half years, rising from roughly $12 to $28 per ounce. He argues that official inflation numbers (CPI) are manipulated and that real inflation is closer to 15-18%. The segment highlights the hidden fees in mutual funds and the importance of owning assets that outpace the true rate of currency devaluation.

Dr. Kirk Elliott criticizes the hidden management fees in mutual funds and the "bait and switch" tactics used by some gold companies to sell collectible coins at high premiums. He advocates for buying bullion to maximize ounces and minimize costs. Elliott reiterates that his firm does not charge ongoing management fees or asset-under-management costs.