Gold has been shining bright for thousands of years, including the year 2017. Gold prices gained 9 percent in the first quarter and 10 percent so far this year, reports Nasdaq. Despite such success, gold has taken a backseat to cryptocurrencies in some circles, leaving precious metals owners and market analysts alike wondering, “Could there…
Will Cryptocurrencies Ever Replace Gold?DetailsBaseball, Hot Dogs and Credit Cards By John Rothans After a short stint of penny-pinching prudence, Americans are back to swiping their way to big charge card balances. Credit cards, after all, are as American as football and apple pie—and we are racking up debt like it’s 1999. Unlike the 1990s, however, GDP has not cracked…
Baseball, Hot Dogs and Credit CardsDetailsMarkets inhaled a giant gulp of fresh air when Donald Trump was elected in November 2017, a gulp that buoyed them to new heights. Equities rallied and bond yields climbed to match forecasters’ hopes for tax cuts, health care reform, infrastructure spending, and deregulation. The S&P 500 rose about 5 percent in President Trump’s first…
Trump Bump Deflates Under Political PressureDetailsThe Lessons of 1994 By Angela Koch Back in 1994, a gallon of gas was about $1.09. A movie ticket was about $4 and the average cost of a new home in the United States was just under $120,000. But, presiding economic conditions, along with a few uncanny political events, and one major fiscal calamity offer…
The Lessons of 1994DetailsYou’re well aware of how precious metals can be good for your retirement. Perhaps you’ve been buying gold and silver for some time now. Or, maybe you’re just getting started on planning and saving for what feels like a far-off retirement. Either way, you’re beginning to realize that there’s an angle to your retirement strategy…
A Snapshot of IRA-Approved Gold & Silver ProductsDetailsThe Entire World Just Got Hacked! So, How Safe is our Money? John Rothans Every generation worries about money. Our parents’ and grandparents’ life savings were under constant threat due to war, depression, recession, market crashes and the actions of government. We face many of these risks today along with something else—cyberwarfare. While virtually unseen…
The Entire World Just Got Hacked! So, How Safe is our Money?DetailsThere is nothing to fear but the “fear index” itself By Angela Koch With North Korea playing chicken with missile tests, the Cold War on permafrost, and Tehran free of sanctions and flush with cash—one would expect a world of worry on Wall Street. Add insurmountable sovereign debt, stagnant GDP, a shrinking middle class, a massive…
There is nothing to fear but the "fear index" itselfDetailsAmerica isn’t winning any medals or topping any charts when it comes to planning and saving for retirement. “About 60 percent of Americans have no savings in retirement accounts like 401(k)s or IRAs,” reports Business Insider. Some are putting false faith in Social Security, others blame a lack of access to a workplace retirement plan,…
State-IRAs Can’t (& Won’t) Clean Up America’s Retirement MessDetailsBrilliantly designed and widely revered, the Gold American Eagle Coin is acknowledged as one of the most beautiful gold coins ever struck, in part thanks to two American sculptors. Learn more about these artists, their designs, and how you can incorporate a symbol of American tradition and unity into your gold portfolio today. Designing the…
Who Designed the Gold American Eagle Coin?DetailsThe $20 Trillion Divide: Why This Debt is Different By John Rothans As of this writing, our National Debt sits just under $19.9 trillion dollars. The ever-ticking Debt Clock is the 800-pound gorilla lurking in the main boardroom of the U.S Department of the Treasury. The $20 trillion mark is the 900-pound grizzly at the…
The $20 Trillion Divide: Why This Debt is DifferentDetailsCentral banks around the world have been quietly buying gold for nearly a decade, reports the Official Monetary and Financial Institutions Forum (OMFIF), and have been net buyers every year since 2008. Their demand for gold jumped from less than two percent of total world demand in 2010, to 14 percent in 2014, adds the…
Why Do Central Banks Buy Gold?DetailsGOLD: If not NOW, then WHEN? By John Rothans Throughout history, gold has functioned as the world’s de facto safety net. It thrives in tough economic climates and has proven to be a reliable and predictable hedge against rising inflation, volatile stocks, a deepening recession and a weakening dollar. Some of gold’s greatest price surges…
GOLD: If not NOW, then WHEN?Details
