On October 1, the International Monetary Fund (IMF) added the Chinese yuan to its special drawing rights (SDR) basket of currencies. If you’ve read these headlines, you likely have a few questions. What’s the yuan? What does the IMF do? What does this mean for the U.S. economy, if anything at all? Read on to…
The IMF Elevates China's Yuan: 4 Things to KnowDetailsWhat is the gold-to-silver ratio and why does it matter? This question is fundamental to understanding the relationship between silver and gold. What’s more, this ratio is one of the many key indicators used by seasoned precious metals holders to help determine the right time for them to buy silver or gold, in light of…
Understanding the Gold-to-Silver RatioDetailsIn July, silver made impressive gains on the coattails of Brexit, jumping to more than $20 an ounce to its highest level in roughly two years. Towards the end of August, however, prices dropped towards roughly $18 an ounce, but have steadily rebounded throughout September. While silver and gold have gained from the safe-haven rally…
A Long-Term Outlook on the Price of SilverDetailsSince the day King Croesus of Lydia ordered the first gold coins to be struck around 550 BC, civilizations around the world have been fascinated by gold’s monetary qualities. International debts were settled with gold. Paper money could be exchanged for gold. And under what’s referred to as “the gold standard,” many world currencies were…
A Brief History of the Rise & Fall of the Gold StandardDetailsCurrent U.S. Money Reserve president and former U.S. Mint Director, Philip N. Diehl, was appointed chairman of the Industry Council for Tangible Assets (ICTA) at the association’s Board of Director’s meeting at the end of August. ICTA is a nonprofit association that supports the rare coin, paper money, and precious metals industry, with over 30…
Philip N. Diehl Appointed Chairman of the Industry Council for Tangible AssetsDetailsMarkets were quiet last week as they awaited Federal Reserve Chair Janet Yellen’s comments at Jackson Hole, Wyoming. In short, she stated that “the case for an increase in the federal funds rate has strengthened in recent months,” thanks to “continued solid performance of the labor market and our outlook for economic activity and inflation.”…
Signs the Economy Is Weaker Than Yellen Let On At Jackson HoleDetailsU.S. Money Reserve was presented with four distinct honors at the 2016 Videographer Awards for two television spots, both of which surpassed industry standards for creativity and production quality. “We are honored to receive this international recognition for our creative and video production efforts,” said Angela “Angie” Koch, CEO of U.S. Money Reserve. “The talent…
U.S. Money Reserve Takes Home Four Awards for Outstanding Creative Work at the 2016 Videographer AwardsDetailsYou’ve read the headlines. The dollar is slumping, interest rates aren’t budging (or are they?), and the economy isn’t performing as economists and financial analysts predicted. How are these elements contributing to the price of gold? Read on for a brief summary of how each could be bolstering the price and demand for this year’s…
Weak Dollar & Pressured Economy Push Gold HigherDetailsAmidst negative interest rates and a general sense of national and international unrest, the demand for gold has been climbing. Wealth has steadily moved out of traditional assets, like stocks and bonds, and into gold. Hedge funds, central banks, and everyday citizens alike have flocked to this precious metal. With the price of gold clearing…
How Gold Coins Could Enhance Your Portfolio Performance, According to the World Gold CouncilDetailsWith five months left in 2016, there remain a bevy of domestic and international financial and political events that have yet to play out, and each one could leave its mark on gold and other precious metals. Find out how forecasters and market veterans are thinking about gold in the upcoming months to learn more.…
The 5-Month Outlook for Gold: 4 Things to KnowDetailsFor those mindful of their wealth, gold coins are a means of diversifying away from paper-based assets, such as stocks and mutual funds. Certified coins, in particular, are ideal for those in search of long-term profit potential. If you’re new to buying certified coins, review these six simple tips to get started safeguarding your wealth…
6 Simple Tips for Buying Certified CoinsDetailsCurrency devaluations. Negative interest rates. Minimal economic growth. During such turbulent times, how can diligent wealth-holders safeguard their earnings? Learn more about the benefits and disadvantages to holding cash over gold to make the best decision for your portfolio. Benefits to Holding Cash In uncertain times, increasing cash reserves and reducing exposure to volatile financial…
Cash vs. Gold: Which Asset Could Prove Better?DetailsYou have been signed up for price alerts for this product.
