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...
Gold Is Experiencing One of Its Most Dramatic Rallies in History. Here’s Why.
Here’s some news I bet you haven’t heard: In one of the most dramatic rallies of all time, gold prices rose almost $260/oz. over the span of just 11 weeks late last year. That amounts to a gain of 14%, which if annualized, comes to an appreciation rate of 70%. In 11...
What the Federal Reserve Can and Can’t Do for the Economy, and What It Means for Gold
During a recent interview on CBS’s 60 Minutes, Federal Reserve chairman Jerome Powell was asked if the national debt is a danger to the economy. He answered, “In the long run, the U.S. is on an unsustainable fiscal path. The U.S. federal government is on an...
Why Waiting on the Stock Market May Not Make Sense
Every week, we hear from our clients about their concerns regarding the economy. From skyrocketing government debt to the upcoming election, the possibility of a digital dollar, and continued warnings of a coming recession despite strong stock performance, many...
Don’t Wait Until After the Election—Now Is a Great Time to Buy Gold
I often speak of gold as a form of wealth insurance that enables you to diversify your holdings and protect your savings and your retirement when other assets are losing value. It's a role that gold has played for generations, and it’s more important today than ever...
Why Gold Prices Are Rising in Other Currencies and Why a Pause in the Gold Rally May Be the Perfect Time to Buy
Recently, I read an article discussing how private investors and central banks in Asian markets are now driving the price of gold. This is probably a surprise to most of us in the United States. In fact, China and India alone account for half of world demand for gold,...
The U.S. Dollar’s Relationship to Gold and Why It Matters
Measured against a basket of other currencies, the dollar is stronger today than at nearly any other time in the last 20 years. But how long will that strength last, and what does it mean for gold prices? A stronger dollar can often mean lower gold prices. A recent...
Gold vs. Silver—Which Is More Expensive & Which Should You Purchase?
Gold vs. silver: Deciding between the two can seem like an important choice when stepping into the world of precious metals. Is it better to buy gold or silver? Which is more affordable, and which has the better payoff? The truth is that both could be good choices...
Why Do Gold Prices Fluctuate?
Over the long term, gold is often seen as a safe-haven asset that can help offset the impact of volatility experienced by portfolios heavily allocated to paper-based assets like stocks. This is why many consumers use gold to diversify their portfolios amidst...
What Does “Peak Gold” Mean?
You may have heard the term “peak gold” and wondered what it meant. Simply put, peak gold is the maximum rate of global gold extraction, after which mining will slowly decline until gold can no longer be extracted at a profit. For a more complete understanding of peak...
4 Reasons to Buy Gold During a Gold Pullback
When it comes to selecting assets for your portfolio, having a long-term outlook is key. Gold is no exception: It has risen significantly over the long run. But as with any commodity, the price of gold can increase or decrease for any number of reasons in the short...
Three Things to Read Before Buying Gold
Gold has once again been making headlines as the nation’s financial markets continue to face uncertainty. On April 22, 2022, Barron’s reported that gold had made yet another run at $2,000/oz., nearing its all-time-high reached in August 2020. That same day, Barron’s...