Did you benefit from Bitcoin’s recent success but are now concerned about the volatility of cryptocurrencies? If so, you are not alone. While the asset’s rise over the past few months has made headlines, the cryptocurrency has run into some notable trouble. ...
Keeping Up With Gold Demand
Despite all my experience in the precious metals market, I still have times when I am surprised by market circumstances. This has been especially true lately, when massive gold demand unexpectedly hit the U.S. Mint. Gold entered 2021 coming from a fantastic...
Congress, The Fed, and the Dollar
Two key events happened just before last year ended that should not be ignored, even if the news cycle has moved past them. The consequences and effects of these events will remain relevant and could have major outcomes for the dollar going forward. One of the two...
Why Precious Metals Will Be Important in 2021
What will the new year bring us? It’s a natural question to ask, but not an easy one to answer. 2021 is starting off in the shadow of 2020. One of the most dramatic and unexpected years in history just ended. For some, it could be tempting to not want to look back on...
How Gold Could React to a Biden Presidency
With President-elect Joe Biden ready to assume the Oval Office, many people speculate what impact a new presidency might have on precious metals prices. The price of gold has been rapidly rising over the past couple of years and breaking records, and could be heading...
Palladium Prices Could Be Set to Soar
Keeping track of the total amount of debt in the financial system is an important part of understanding the health of the economy. Debt can be divided into three major categories, and each has grown massively over the past year—and each has the ability to impact the...
How Consumer, Corporate, and Federal Debt Stack Up
Keeping track of the total amount of debt in the financial system is an important part of understanding the health of the economy. Debt can be divided into three major categories, and each has grown massively over the past year—and each has the ability to impact the...
Retirement Readiness
How well are Americans prepared for retirement? It is a question that has been on my mind lately as I have spoken with many people who are unsure about their financial futures. The Federal Reserve has some interesting data on the matter that they released in May of...
Why the Unemployment Rate Still Matters
The ultra-high unemployment from April may seem like a distant memory, but unfortunately for many, it is all too much of a bitter present. Too many Americans across our country are still jobless and facing bleak employment prospects. The national unemployment rate is...
What Could the Fed Do Next?
After the Federal Reserve’s latest policy meeting, Chairman Jerome Powell stayed consistent with his previous statements. He continued to advocate for more stimulus from Congress. He reiterated the Fed’s pledge to keep interest rates in the current near-zero range....
The Case for Gold: Election 2020
One week from today, we should know which direction the country has chosen for the next four years. Until then, our clients have been clamoring for physical gold like never before. Whether they are looking into rolling over an IRA, transferring a 401(k), moving out of...
Gold Is Gaining Prominence
The view of precious metals as a necessary asset to help diversify a heathy portfolio is popular among seasoned professionals in the financial sector. Looking at their reasoning can give us valuable insights on a modern portfolio. Financial institutions such as UBS...