Executive Insights

Frequent readers of “Gold News & Views” know that I’m an astute watcher of financial and geopolitical news. If there’s a chance that a story or factor may impact gold prices, I want to know about it before anyone else so we can get that information out to our clients as quickly as possible. These final days of 2023 are no exception....

Following the Federal Reserve’s Federal Open Market Committee (FOMC) meeting on December 13, 2023, we received two main pieces of news: One was expected, and one may have come as a surprise. First, the Federal Reserve elected not to cut federal funds interest rates from their current range of 5.25%–5.5%. That’s the part of the meeting...

When news of gold’s new all-time high broke on December 1, 2023, it carried a special significance for me. Not just because I work in the precious metals industry—like millions of other Americans, I also keep a portion of my portfolio allocated to physical gold. Naturally, gold’s recent rally has earned a lot of news coverage, but a...

After nearly three years of stubbornly high inflation, the rate of price increases in the United States finally appears to be slowing down. U.S. Consumer Price Index data for October 2023 shows an overall 3.2% increase in prices year-over-year and no increase for September 2023. Two major spending categories—energy (-4.5%) and used...

In the past week, gold has eclipsed its previous all-time record high price, and analysts are expecting that rise to continue into 2024 as geopolitical tensions and concerns over interest rates help boost gold’s appeal. For those of us who have already made the move to add physical gold to our portfolios, this is a chance to pat...

It is no great secret that America is getting older. The birth rate in the U.S. has fallen by more than half since the early 1960s. Typical life expectancy in the U.S. has increased by about a decade over the same span. The last members of the Baby Boomer generation, which totals more than 75 million people, will hit their 60s starting...

After weeks of upward momentum, the price of gold broke through the $2,000/oz. price level on Friday, November 24, 2023. Gold’s price at the time of this writing—$2,040/oz.—brings gold close to its all-time high of $2,072.50/oz, set in August 2020. To some, this may appear to be a high watermark for the precious metal. The $2,000/oz....

Most people have heard of an IRA, or individual retirement account. However, many people are surprised by the number of types of IRAs that exist, as well as the number of strategies they can utilize to maximize their retirement savings. One such retirement savings strategy is known as a “backdoor Roth IRA.” A backdoor Roth IRA may be a...

In past editions of “Gold News & Views,” I’ve discussed why I think we should be paying close attention to central banks and their increased demand for gold. In short, a small number of central banks have been buying vast quantities of gold. This may suggest that nations are trying to further diversify their assets, but if we look...

Whenever I speak with the veterans who work here at U.S. Money Reserve, I’m filled with gratitude. To hear someone talk repeatedly about placing their life in danger or being injured in combat, only to turn around and do it all over again, is more humbling than I can put into words. We can say “thank you” until our throats run dry, but...

Gold has played a pivotal role in human societies for thousands of years. From its uses in jewelry and technology to serving as a monetary standard for major economies, gold has held multifaceted significance in history. Today, the appeal of physical gold endures, driven by its reputation as a hedge against economic volatility and a...