In October, the People’s Republic of China will turn 70 years old. It was established when the People’s Liberation Army (PLA) defeated the Nationalist Party during the Chinese Civil War (1945–1949). Mao Zedong, the leader of the PLA, formally declared the creation of a “democratic dictatorship” on October 1, 1949, and went on
If China Stumbles, Will the Global Economy Fall Down?DetailsIf you follow the news at all—and we’re sure you do—you’ve heard about an election coming up in 2020. You’ve also heard about rising fears of a recession. The already contentious presidential election and the increasingly worrisome economy appear to be on a collision course. Unfortunately, no one has a crystal ball that can precisely…
Could the Next Presidential Election Tip the Economic Scale?DetailsYou might be striving to pay off student loans and save up for a house. Or you might still be trying to master the art of monthly budgeting. Either way, you probably know you should save something for later in life. Gold can help with that, as well as other financial goals. The same advice…
5 Smart Reasons to Buy Gold in Your 20s (or for a Loved One in Their 20s)DetailsOverinvestment, overindulgence, and fiscal binging—call it what you will, but it always seems to lead to a head-pounding day of reckoning. The “hangover theory” is a business-cycle philosophy that famed economist Paul Krugman summarized back in 1998: “In the beginning, an investment boom gets out of hand. Maybe excessive money creation or reckless bank lending…
Spiking the Punch Bowl: The Economic Hangover TheoryDetailsIf you’re reading this, you’re likely aware of why someone buys gold. It can be a hedge against inflation, a portfolio diversifier, and a store of wealth. However, you might not be aware of the ways to buy gold. Should you buy gold online or in a store? Should you buy a gold coin or…
3 Ways to Buy Gold: Which Way Is Best for You?DetailsIt’s every gold owner’s biggest fear—their gold is fake. U.S. Money Reserve is here to equip you with the information you need to help make sure that doesn’t happen to you, no matter where you choose to buy gold. Here are six tips to help prevent you from being victimized by a gold scam. 1.…
How to Tell If a Gold Coin or Bar Is Real or FakeDetails“We may well be at the most dangerous financial moment since the 2009 Financial Crisis with current developments between the U.S. and China.” –Former Treasury Secretary Larry Summers China’s move to devalue its currency sent markets reeling and gold soaring on Monday. The People’s Bank of China said the devaluation was “due to the effects…
China Strikes Back: Stocks, Soybeans, and CurrencyDetailsThe sea holds many mysteries. Few of them are as captivating as the final resting places of vessels transporting gold coins, bullion, and bars. Sometimes, enterprising treasure hunters solve one of these mysteries—and the sunken treasure they find is amazing. Here are four gold-filled shipwrecks you need to see to believe! Civil War–Era Shipwreck Gold…
4 Gold-Filled Shipwrecks You’ll Want to See to BelieveDetailsYou might know how to store your gold coins and bars, but have you ever thought about how you’d move them? What would happen if you relocated across the country or the Atlantic? Roughly 40 million Americans move each year, and many of them move during the summer. If you move, follow these tips from…
How to Transport Your Gold Across Town or OverseasDetailsUpbeat earnings, rosy job reports, rate-cut chatter, a red-hot labor market, and robust consumer spending—it certainly has been high times on Wall Street. One is reminded of the days of excess, the “greed is good,” white-collar culture of billion-dollar deals, spending benders, and banks behaving badly. The current appetite in stocks is nothing short of…
An Economic Crossroad: Where Exuberance Meets RecklessnessDetailsSome people track team points in their fantasy football leagues. Others carefully note the comings and goings of Washington, D.C., insiders. Almost everyone likes to know which Hollywood movies are big hits—or bigger misses. But you? You like to track gold prices. As interests go, this one is equal parts important and fascinating. Staying on…
5 Reliable Resources to Help Track Gold PricesDetailsThe year was 1993. Michael Jordan had hung up his Air Jordan sneakers and retired from basketball. Jurassic Park was dominating the box office. And Seinfeld was still ruling the airwaves. The year 1993 also was the last time the gold-to-silver ratio reached 93—until this year. On July 10, 2019, the gold-to-silver ratio rocketed to…
Why Is the Current Gold-to-Silver Ratio Breaking Out?Details
