We often refer to gold being used as a store of wealth for “generations,” but how far back might those generations go? Would you believe 1,300 years? On December 6, 2022, CNN and other news outlets reported an amazing discovery: a stunning necklace found at the burial...
In past editions of “Gold News & Views,” we’ve discussed multiple times how hard a retirement portfolio can be hit by a major market downturn or recession. But what about our financial legacies and those who will someday inherit them? In my life, family is...
Whenever I can, I like to plan ahead. I prefer to keep my eye on the future and do whatever I can to prepare myself and my portfolio for whatever may be headed our way. For example, I recently read that October’s Consumer Price Index (CPI) data show a small drop in...
As I write this, millions of Americans are heading out to the polls to vote in the 2022 midterm elections. As I continue to watch headlines regarding the possible economic impact of this year’s election, I get thinking about the future—specifically, the future I want...
Reading financial headlines is an important part of my job as CEO of U.S. Money Reserve. Not only do I need to stay as informed as possible, but every once in a while, I come across something truly fascinating that I’m then able to pass along to the rest of the...
“Inflation” and “recession” continue to be two of the hottest words in financial news these days. On October 25, 2022, Bloomberg reported that “there are early signs that U.S. consumers, who have been largely resilient in the face of relentless inflation, are...
How can one plan for a future that is unknowable? It’s unfortunate, but I believe this is the mindset that too many Americans tend to have when it comes to their financial well-being. Since they can’t say for certain what will happen next, they instead opt for a “wait...
When I go on vacation, I don’t feel the need to calculate every single dollar I plan to spend—but I still like to create a general budget so I know about how much I’m willing or able to spend on a given trip. For me, it’s all about planning for what I can while also...
I often write about how important I feel it is to plan ahead. When you know you have a bill due or a can’t-miss deadline coming, preparation is key to avoid rushing at the last minute. At the stroke of midnight on October 1, 2022, government funding for U.S. federal...
On September 26, 2022, Reuters reported that gold prices fell to $1,621.50/oz.—its lowest price since April 2020. Just a few days earlier, on September 23, 2022, CNBC quoted Steve Hanke, a professor of applied economics at John Hopkins University, as saying, “There’s...
As economic conditions tighten, many Americans start thinking about their own unique financial situations, wondering if they need to take new or additional actions to help protect their wealth. My response to those wondering is simple: It’s never a bad time to take...
There are a lot of unknowns in this world, but they shouldn’t frighten us into inaction. As of this writing, we’re still waiting on a potential declaration of whether or not we are in a recession while the Federal Reserve continues to fight high inflation. Back in...
