Can I Buy Silver at the Silver Spot Price?

Can I Buy Silver at the Silver Spot Price?

The spot price of silver reflects the current market price of one ounce of silver. It doesn’t necessarily reflect the time or energy it takes to design, mint, or ship a silver coin. It also doesn’t factor in the supply or demand for an individual silver coin. Here, we’ll explain why offers to buy silver…

Man standing in front of a bear statue

Consumer Sentiment: A Wall Street “Sell” Signal?

For the past year, we’ve heard various predictions and prognostications from economic experts about an impending recession. Some have called for a downturn by the end of this year. Others maintain that there could be a recession—along with a contentious election—next year. And yet another group of analysts are calling for the longest uninterrupted economic…

Is It Safe to Buy Gold Online? Person Holding Their Credit Card and Looking to Buy Gold Coins Online

Is It Safe to Buy Gold Coins and Bars Online?

You shop for clothes, books, groceries, and gifts online. You may even do most of your banking online. But buying gold online? You might be a little wary, and that’s okay. We’ll explain how you can be smart and buy gold online—safely. Are You at Risk? Amid the meteoric rise of the price of gold…

Gold Bars Stacked on Top of One Hundred Dollar Bills

Paper Wealth, Paper Millionaires, and the Paper Rich

We all know that the financial markets cannot continue to climb indefinitely. Stocks have routinely collapsed throughout history, and bad things have been set in motion by a variety of factors, like speculation, inflation, asset bubbles, bank failures, mass unemployment, and geopolitics.   Market crashes wipe out what’s called “paper wealth,” leaving a wake of decimated “paper millionaires” who, according to Investopedia, are individuals with “a high net worth as a result of the large total market value of the assets he or she owns.”  Many of us with robust pensions or 401(k)s may…

What Are These Recession Indicators Saying?

When you’re trying to protect yourself against future economic shocks, not knowing what’s around the corner can be frustrating. Make sure you’re up to date on these current recession indicators and why they matter now. Learn more in this episode of USMR Market Insights with Coy Wells.  What Are These Recession Indicators Saying? –…

When Did the U.S. Go Off the Silver Standard

When Did the U.S. Go off the Silver Standard?

The “silver standard” lasted for centuries, and the U.S., China, India, and Great Britain are countries that had adopted it. The Coinage Act of 1792, which created the U.S. Mint, first defined the dollar relative to silver, not gold. So why don’t we hear about the silver standard anymore, and what happened to it? Read…

Arrow Trending Down in Front of German Flag

The Mighty German Engine Is Sputtering—so Goes the Eurozone?

Europe has just posted downright dismal PMI (Purchasing Managers’ Index) numbers. The Purchasing Managers’ Index is a leading indicator of manufacturing activity and a carefully watched barometer of economic health. The latest PMI flash data that covers 19 countries in the European Union suggests that the eurozone could be moving closer to recession.  A PMI reading above 50 generally suggests an economic expansion, while anything below 50 indicates a contraction. The monthly flash report for September (an advanced indicator) fell from…

How Important are Government Bond Ratings?

You probably know your own credit score, but do you know the government? Government bonds are rated by major credit agencies across the world, and their scores can have major implications for the economy and you. Learn more in this episode of USMR Market Insights with Patrick Brunson. How Important are Government Bond Ratings? –…

Crumpled Page With Retirement Information With Multiple Cancelled Stamps

What Keeps Baby Boomers Awake at Night?

Baby boomers are the children of the Greatest Generation and most often defined as those born between 1946 and 1964 during the post–World War II baby boom that saw the U.S. population surge by more than 76 million. Boomers, however, have proven to be great in their own right. They’re a hardworking, entrepreneurial generation that…