America’s central bank owns almost as much gold as Germany, Italy, and France combined. What’s the story behind our nation’s love of gold? Learn more about America’s golden legacy and how to make gold part of yours. Gold Standard America’s relationship with the gold standard blossomed in 1834 when the U.S. informally started adhering to…
A Brief History of Gold in AmericaDetailsBitcoin continues to steal the spotlight. Its price quadrupled last year, and in early 2021, its price hit $40,000 for the first time. Bitcoin is the new kid on the block with regards to portfolio diversification, while gold has a reputation for being a longstanding safe-haven asset. Why are the two so often compared to…
What’s the Difference Between Gold and Bitcoin?DetailsThe demand for physical precious metals ownership is surging. I have previously discussed several of the growing number of reasons for precious metals ownership, such as towering federal debt and owning gold as a hedge against stock market volatility. It makes sense that these reasons would lead to high levels of demand from informed members…
Surging Coin DemandDetailsA self-directed IRA might have “self” in the name, but it’s not an account you can set up and run entirely on your own. When you’re thinking about opening a self-directed IRA or rolling existing retirement funds into one, relationships matter. You’ll need to learn more about and potentially work with these critical parties: a…
Looking into Self-Directed IRAs? Lean into These 4 RelationshipsDetailsEver wonder why no one talks about copper like they do gold and silver? And why don’t we see coins and jewelry made out of aluminum? The answers to these questions boil down to the differences between base and precious metals. Base Metals vs. Precious Metals Base metals are the workhorses of the metal world.…
What’s the Difference Between Base and Precious Metals?DetailsFinancial security has increasingly been at the forefront of many Americans’ minds over the past year. Unexpected events and sustained economic damage have caught many people off guard. While recovery is percolating on many levels, there is still evidence of the damage done that has placed many people into precarious positions, which underscores the importance…
The Principle of Wealth InsuranceDetailsA legacy is what you leave, including your assets and possessions, to your beneficiaries so you can create something that lasts and help provide for them in the future. When planning the legacy you want to leave, you should also think about the generation after you and how they will be able to build upon…
How to Leave a Financial Legacy with a Portfolio of Any SizeDetailsPutting cash into gold as opposed to a savings account or even under your mattress could mean better returns, less risk, and more peace of mind. Learn more as we compare the savings benefits of gold versus cash. Saving Your Money Simply put, saving money offers financial security. However, saving money doesn’t just mean stashing…
Is Gold a Good Way to Save Money?DetailsDid you benefit from Bitcoin’s recent success but are now concerned about the volatility of cryptocurrencies? If so, you are not alone. While the asset’s rise over the past few months has made headlines, the cryptocurrency has run into some notable trouble. Bitcoin has hit some rough and rowdy waters lately in trading. On…
Bitcoin BubbleDetailsWhat might happen if you went on a financial diet? According to findings from GOBankingRates, Americans could save an average of $5,339 a year by cutting some discretionary spending, CNBC reported. That’s how much individuals spend on non-necessities like coffee, eating out, entertainment, clothing, ride shares, and alcohol. Break that number down, and you’re looking…
5 Ways to Trim Your Budget & Save Big in 2021DetailsHave you put off planning for retirement because the task seems too big? While most Americans plan to retire by age 67, their finances don’t necessarily reflect that reality. According to one estimate, nearly two thirds of Americans have less than $100,000 set aside for retirement. You can stand apart from the crowd, though. You…
Get Your Golden Years in Order with This Easy Pre-Retirement ChecklistDetailsDespite all my experience in the precious metals market, I still have times when I am surprised by market circumstances. This has been especially true lately, when massive gold demand unexpectedly hit the U.S. Mint. Gold entered 2021 coming from a fantastic 2020. It’s hard to understate the momentum gold began this year with.…
Keeping Up With Gold DemandDetails
