The stock market may dominate the headlines these days, but it is not the only important part of the economy to track. Debt has been rising on a number of fronts across the nation. The influence of this debt should be considered when assessing the overall financial landscape. The most prominent of these debts may…
Debts and DefaultsDetailsDon’t expect to see high interest rates anytime soon. After slashing the rates to near zero back in March, the Federal Reserve has emphasized repeatedly that it is in no rush to raise them anytime soon. While forecasts that it would take a while to raise the rates are not new, the timeline as to…
Have We Ever Seen Anything Like This?DetailsNear the beginning of September, equity markets were riding high at new peaks, and March’s crash seemed like a distant memory. Then fortunes changed, and the stock market experienced a harsh series of corrections. Both The Wall Street Journal and MarketWatch report that the NASDAQ’s three-day 10% drop, which began on September 3, 2020, was…
The October EffectDetailsAustralia’s gold scene is shining. Sales of Australia-minted gold coins and bars are on the rise, and so have been gold prices. Two giant gold nuggets were discovered in late August. And unrelated gold mining expansion and reopening plans are underway. As gold gains in Australia, so does its dollar. What’s behind Australia’s red-hot gold…
The Australian Gold Market Is Booming: Take Advantage of ItDetailsRetirement. For many, it is the final prize after a life of hard work. People get a retirement date in mind a few years in advance. They draw up plans as to what hobbies they’ll finally indulge in with their newfound time and where they’ll live. They monitor their nest egg cautiously, watching with a…
Retiring in a RecessionDetailsA recent decision by the Federal Reserve may have long-reaching consequences on the power of American currency. For decades, one of the monetary policy goals of the Federal Reserve has been to try to contain inflation. After a period of high inflation beginning in the mid-1960s, the Federal Reserve famously made reducing inflation its primary…
Inflation, Debt, and the American FamilyDetailsWarren Buffett, the financial genius known as “the Oracle of Omaha” and CEO of Berkshire Hathaway, used to feel reluctant toward gold. For decades, he has advocated holding stocks for better growth potential over holding other assets. He has yet to publicly make any statements in favor of gold. In light of these views, some…
Oracle of Omaha Turns to GoldDetailsYou might not realize it, but you’re surrounded by precious metals—in the car, at the dentist, even if you were to go to outer space. Learn about two of the lesser-recognized precious metals—platinum and palladium—and the many ways they’re used. What Are Platinum and Palladium? One of the rarest metals, platinum—which is silver-white in color—was…
What Are Platinum and Palladium Used for?DetailsWell-known throughout history as symbols of wealth, and commonly recommended by experts as hedges against volatility, precious metals are a key asset in many people’s portfolios. For many people, that typically means gold or silver. After a recent record-breaking run, gold and silver have been in the spotlight of a lot of news coverage. However,…
The Assets You Could Be OverlookingDetailsNew jobless claims have consistently remained high since March when lockdowns began across the United States. In the time since, those numbers have been decreasing, but while progress has been made, there are still signs of trouble on the horizon. Dallas Fed President Robert Kaplan recently upped his year-end unemployment projections. On Monday, August 3,…
Sluggish Labor Recovery Hits Another SnagDetailsGold has been in the spotlight lately. It makes sense—last week gold broke its previous all-time high record and then kept going. This action followed months of positive momentum for the precious metal, and some experts, such as analysts at Goldman Sachs and Bank of America, see it rising even higher. While this is certainly…
Diversifying Your MetalsDetailsThe unfortunate truth is, we are still facing many of the same challenges we faced back in March. While some things may have improved, it’s important that we don’t get locked into complacency. The COVID-19 crisis is ongoing here in the United States, and people are still suffering. The number of new cases of coronavirus…
Finding Safety in UncertaintyDetails
