When news of gold’s new all-time high broke on December 1, 2023, it carried a special significance for me. Not just because I work in the precious metals industry—like millions of other Americans, I also keep a portion of my portfolio allocated to physical gold....
In the past week, gold has eclipsed its previous all-time record high price, and analysts are expecting that rise to continue into 2024 as geopolitical tensions and concerns over interest rates help boost gold’s appeal. For those of us who have already made the move...
After weeks of upward momentum, the price of gold broke through the $2,000/oz. price level on Friday, November 24, 2023. Gold’s price at the time of this writing—$2,040/oz.—brings gold close to its all-time high of $2,072.50/oz, set in August 2020. To some, this may...
When you choose to work with U.S. Money Reserve, you become more than a client. We work to get to know you, your financial goals, and even your family. Whether you’re working to build a lasting financial legacy, secure a more comfortable retirement, or protect your...
In past editions of “Gold News & Views,” I’ve discussed why I think we should be paying close attention to central banks and their increased demand for gold. In short, a small number of central banks have been buying vast quantities of gold. This may suggest that...
Whenever I speak with the veterans who work here at U.S. Money Reserve, I’m filled with gratitude. To hear someone talk repeatedly about placing their life in danger or being injured in combat, only to turn around and do it all over again, is more humbling than I can...
Consumer spending is one of the main drivers of our economy, but inflation and higher interest rates seem to be taking their toll. And while this may sound like exactly what the Federal Reserve is hoping for—less consumers borrowing and spending to help slow...
In September 2023, China’s central bank, the People’s Bank of China, added 840,000 ounces of gold to its reserves. This marked the 11th consecutive month that the central bank has increased its store of physical gold. China is far from alone. Central banks around the...
A series of banking closures at the beginning of the year, which included the second-, third-, and fourth-largest bank failures in U.S. history, has left a long shadow over the banking sector. And if recent reports are to be believed, trouble in the banking sector may...
In today’s economic landscape, we’re surrounded by uncertainty. For example, we’re facing yet another indicator that our economy may be headed for a “hard landing” from high inflation. On October 4, 2023, the yield on the ten-year U.S. treasury bond reached its...
Regular readers of “Gold News and Views” know I like to stay up to date on the news. Lately, a particular story has made a splash because of its surprising nature. The membership-based retailer Costco is selling 1-oz. gold bars to its members on their website—and...
Once again, the U.S. Congress is embroiled in a fight over funding that could lead to a government shutdown. And according to Moody’s Investors Service, which Bloomberg notes is “the only remaining major credit grader to assign the U.S. a top rating,” another shutdown...
