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 economy. Consumer debt is at record levels. The…
How Consumer, Corporate, and Federal Debt Stack UpDetailsGold prices have seen a meteoric rise over the past few months. Is the recent surge over? Prominent market watchers see evidence of an ongoing bull run, and many say gold prices could climb even higher over the long term. We invite you to review their insights and decide for yourself. Interest Rates, Inflation, and…
Here’s Why Gold’s Bull Run Probably Isn’t OverDetailsDecember 7 marks National Pearl Harbor Remembrance Day in the United States. This day helps us recognize our freedom and honor the brave individuals who lost their lives during the Japanese attack on Pearl Harbor on December 7, 1941. This year, the National Park Service and the United States Navy host the 79th National Pearl…
7 Ways to Honor Pearl Harbor on December 7DetailsHow 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 this year. In their annual “Report on…
Retirement ReadinessDetailsThe 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 still far above where it was in February. In February, the nation’s…
Why the Unemployment Rate Still MattersDetailsAfter 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. Yet, Powell not only emphasized the Fed’s motivation to do more, but he also deliberately left…
What Could the Fed Do Next?DetailsThe 2020 presidential election has been a tumultuous one. With gold prices hovering between $1,900/oz. and $1,930/oz. in October, could prices go up once the election is decided in November? We examine elections dating back to the 1980s to see what we can learn about post-election gold prices. Gold After Trump, Obama, Bush, Clinton, and…
A Historical Look at Gold Prices After U.S. Presidential ElectionsDetailsOne 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 cryptocurrency, or just adding to an existing diversified position…
The Case for Gold: Election 2020DetailsThe 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 and Citigroup have recommended gold recently. In September of this year, the regional…
Gold Is Gaining ProminenceDetailsYou might not realize that Social Security is designed to replace just 40% of your income, and Social Security is expected to be fully depleted by the year 2035. Then benefits may drop because of funding shortfalls. Even so, about 22% of Americans have less than $5,000 earmarked for retirement savings. What does the current…
6 Must-Know Facts About the State of Retirement Accounts in the U.S.DetailsRetirement has become more complicated in today’s world. Traditional retirement safe havens aren’t what they once were. Dollars and Treasurys, mainstays of any retiree’s portfolio, have been dealt a blow that can diminish their power over time. The U.S. budget deficit for fiscal 2020 was a massive $3.1 trillion. According to the Congressional Budget Office,…
The Deficit, the Dollar, and the Ugly TruthDetailsThe U.S. Navy is a force to be reckoned with—and a force that we at U.S. Money Reserve believe deserves nationwide honor and recognition. If you haven’t heard about the Navy’s birthday, then it’s time to learn how you can celebrate the occasion alongside your fellow Americans and service members. The Birth of the U.S.…
5 Patriotic Ways to Celebrate the Navy’s BirthdayDetails
