If you study enough history, patterns begin to emerge. Certain major events become cyclical, with even the most extraordinary circumstances having precedents. This is true for both paper money and for gold, as we can see from the recent failure of a nation’s currency and that nation’s turn to physical gold. But could this failure also...
Thirty-four trillion dollars. That’s how much our country owes holders of U.S. Treasury debt—and that’s double what we owed only 15 years ago. The last time the United States ran budget surpluses was from 1997 to 2001. I remember it well. I was Mint Director at the time. The national debt was under $6 trillion dollars. Today, the...
A fundamental step in learning how to buy silver is knowing how different types of silver are made. Two common types of silver are hand-poured silver and cast silver. They are both silver products, but this comparison explains how they differ in the manufacturing process and why it matters. Understanding Cast Silver The Process of...
The dollar continues to lose popularity on the global stage. Right now, the signs are subtle— shrinking holdings of U.S. Treasurys by other nations, negative statements about the dollar from world leaders—but the story they tell is clear. The U.S. dollar could fall, and it could be taking the stock market with it. De-dollarization is...
Higher interest rates are a tool utilized by the Federal Reserve to fight inflation. And while it may prove successful, it may also come at the cost of a constrained economy. Many of the side effects of high interest rates are obvious—difficulty in borrowing means fewer Americans buying homes or starting businesses, for example—but...
If you follow financial news, you probably know that gold has been on a tear recently, setting and resetting all-time record highs. Knowing why this is happening is crucial to understanding that this rally is just getting underway. When did this latest gold rally begin, and what set it off? It began October 7, 2023, when Hamas attacked...
Comparing the inflation of today to inflation during the 1970s AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- While the Federal Reserve appears to be bringing the soaring inflation of the last few years under control, Americans are still feeling its effects on their wallets and checking accounts. Does the history of American inflation...
Did you know that you can sometimes tell when a storm is coming by observing changes in animal behavior? Many animals—including birds, cows, sheep, and frogs—are known to indicate through their behavior that a storm is imminent by seeking shelter. The same is often true with financial markets, with the behavior of major market players...
Panel of industry professionals examines the economic impacts of elections and why gold may be a smart buy before election results are in AUSTIN, Texas, March 6, 2024 /PRNewswire/ -- Is a "wait and see" approach to elections a smart move when it comes to your personal finances? In the latest episode of U.S. Money Reserve's...
Numismatics is the study of all forms of currency and payment methods, such as coins and paper money. The term “numismatics” may also refer to the hobby of currency collecting. Technology has expanded the payment methods that are commonly used today and in turn has expanded the study of numismatics. How can everyday people benefit from...
With many of this week’s financial headlines celebrating the recent positive performance of stocks, many of us are left wondering: What comes next, and will we be ready when it arrives? That includes reporters and market analysts. While we don’t always find them on the “front page” of our favorite financial news websites, stories are...
Panel of industry professionals discuss gold's historical role as wealth protection AUSTIN, Texas, Feb. 28, 2024 /PRNewswire/ -- Gold's role in wealth protection asset isn't new; the precious metal has been utilized as a store of wealth for centuries. But how has gold performed in our rapidly changing financial world? In...
