We’ve always heard that gold has an inverse relationship with the stock market—meaning when the markets are down, gold is up and vice versa. But there have been times when stocks and the yellow metal rise and fall together, so the correlation is a bit more complicated than simply following a chart line. The truth…
Gold and Equities—A Tale of Two AssetsDetailsWhether you already have a Gold IRA or are seeking last-minute, tax-friendly moves to make with your money, there might be some benefits to Gold IRAs that you don’t know. Keep in mind that in a given year, contributions to Traditional and Roth IRAs must be made by that year’s April tax deadline. For 2019,…
Do You Know These 3 Tax Benefits of Gold IRAs?DetailsAmericans have a long tradition of dreading Mondays. Many of us are jolted back to reality at the start of each week by an alarm clock that signals the end of leisure, relaxation, and time with family and friends. It also marks the beginning of five days of work packed with new projects, deadlines, and expectations. On Mondays, responsibility and accountability return, and we feel miles from Friday—the coveted moment at the end of each week when we…
Why Bad Things Happen on Mondays: A Short History of Market CrashesDetailsGlobal economic uncertainty—especially nagging questions about whether Brexit will actually happen—is helping to drive up the price of gold, underscoring the precious metal’s status as a safe haven. On March 25, gold prices reached a three-week high amid continuing worries over the global economic outlook, such as the turmoil swirling around Brexit. The surge in…
Gold Prices Jump as Brexit ApproachesDetailsThe Cambridge Dictionary defines volatility as “the quality or state of being likely to change suddenly, especially by becoming worse.” This definition can be applied in many areas. In chemistry, volatility is the tendency for a substance to vaporize. In computer science, it’s the risk of catastrophic memory loss. In meteorology, it’s the probability of…
A Low Chance of Risk and a High Chance of RuinDetailsUnused gym memberships, lottery tickets, and cheaply made clothes are just three of the top money wasters among American consumers. But when it comes to retirement, those money mistakes are greatly outweighed by some much bigger financial blunders. A new special report from U.S. Money Reserve outlines five things you should avoid doing with your…
Are You Making Any of Today’s Worst Financial Mistakes?DetailsAfter a decade of Quantitative Easing (QE) and massive asset purchases designed to rouse the economy out of crisis, America’s central bank began Quantitative Tightening (QT) in 2014. QT is essentially the reversal of QE: the process of not only ending federal bond buying but also unwinding the national balance sheet, which expanded dramatically after…
Fed Patience Is not a Virtue—It’s a Dire WarningDetailsAre you the type of person who likes to max out their retirement account contributions? Then you’re in luck. IRA and 401(k) contribution limits for 2019 have gone up. Follow along as we explain what this means for you and your retirement accounts. Contribution Limits Increase by $500 The most significant change for 2019 involves…
IRA Limits for 2019 Have Changed: Here’s How You Can BenefitDetailsNowadays, the word Armageddon is tossed around like a figurative rag doll. While its roots can be traced to Biblical times, it’s often used to describe modern disasters, particularly economic watersheds like recessions and depressions. According to the New Testament in the Bible, Armageddon is actually a place where the armies of good and evil…
What Follows an Economic Peak? Armageddon?DetailsWhen one of the world’s largest associations of economists and business strategists issues a warning about the U.S. economy, it’s a good idea to listen. Half of the members of the National Association for Business Economics (NABE) are predicting that the United States will slip into a recession by the end of next year. While…
Debt, Deficits, and the Coming DownturnDetailsWill they or won’t they? When it comes to raising the federal funds rate, this is always the $64 million question. The federal funds rate is the interest rate that banks charge each other. While it is generally considered to be the most important rate in the world of finance, it is also a crucial variable in the life of the average American household, the financial markets, and the broader economy. The…
Mixed Signals from the Tightrope: The Fed in 2019DetailsIn anything but a cryptic fashion, many market observers are signaling the fall of cryptocurrency and promoting the security of precious metals like gold. A recent CNBC.com article declared that the hot streak that had been enjoyed by bitcoin—the most prominent type of cryptocurrency—is “truly dead.” As a result, people are gravitating toward gold as…
Cryptocurrency May Not Be a Safe Haven, But Here's Why Gold IsDetails
