In the span of one week, the price of gold climbed from $1,580/oz to over $1,680/oz. This phenomenal rise was paralleled by a staggering end to a rally in the stock market. But did that rally have hidden costs for the economy all along? Learn more in this episode of USMR Market Insights with Patrick…
By Angela Koch U.S. Money Reserve CEO You don’t have to be a precious metals expert to know that the price of gold can fluctuate daily, especially when there’s a political curveball like Donald Trump thrown into the mix. The world is now watching to see how every crevice of the U.S. economy responds to…
What is the gold-to-silver ratio and why does it matter? This question is fundamental to understanding the relationship between silver and gold. What’s more, this ratio is one of the many key indicators used by seasoned precious metals holders to help determine the right time for them to buy silver or gold, in light of…
Gold prices may hit all-time highs in the next 18 months amid low to negative global bond yields, said a fund manager on Monday, joining a chorus of bullish calls on the safe haven commodity. Despite being a non-interest bearing asset with holding costs, gold was attractive in the current climate where there was little…
The market is overvalued and it’s only a matter of time before the Dow Jones industrial average drops to 11,500, one market expert said Wednesday. Stocks are being held up by confidence in the central banks’ ability to solve every problem that can come up, Ken Moraif, a senior advisor at wealth management and investment…
President of U.S. Money Reserve and former Director of the U.S. Mint believes gold could be the answer to helping you grow and protect your family’s financial future. “We are living in uncertain economic times,” says Philip N. Diehl. “I know many people who saw a good portion of their hard-earned wealth lost in the…
Legendary billionaire investor Stanley Druckenmiller told Sohn Investment Conference attendees to sell their equity holdings Wednesday. “The conference wants a specific recommendation from me. I guess ‘Get out of the stock market’ isn’t clear enough,” said Druckenmiller from the conference stage in New York. Gold “remains our largest currency allocation.” The billionaire investor expressed skepticism…
With persistently low interest rates around the globe, billionaire investor Warren Buffett told CNBC on Monday he’d consider taking money out of banks, especially if negative interest rates result in customers being charged to park their money in accounts. “There could be a point where you’d really want to start withdrawing currency,” Buffett said in…
The past 10 years have been very good for investors, but not so much for savers. Since 2006, the S&P 500 stock market benchmark has surged more than 60 percent (and more than 200 percent if you count from the time the bull market began in 2009). In the same period, however, folks squirreling away…
Consumers are lapping up gold at a time supply is declining, helping underpin a rally in the precious metal, a market participant said Monday. Demand from emerging markets in particular is strong as currencies such as the Indonesian rupiah, the Malaysian ringgit and theVietnamese dong has fallen sharply in the last 12 to 18 months…
Gold is up nearly 20 percent in 2016, and that has veteran trader Dennis Gartman urging investors not to sit out on the rally. “The trend is up, the trend has been up for the last several months and I continue to think that as long as the monetary authorities are going to remain as expansionary…
Gold has performed better than most other major asset classes this year, rallying around 16 percent since the start of the year as investors rushed into traditional the safe haven asset. With the price of the precious metal moving higher this week as sterling has plummeted, analysts are comparing gold’s moves to the European currency…
