Executive Insights

I’ve never been one to gamble, but it certainly looks like 2023 might be one for the record books when it comes to gold prices. On March 23, 2023—just one week prior to this piece’s being published—gold was priced at $1,991.41/oz. That’s just $81.09 shy of gold’s all-time record high price of $2,072.50/oz. set in August 2020. According...

The recent failure of Silicon Valley Bank (SVB) is often blamed on poor management and risk practices. And while that is accurate, and may also be a factor in why other banks like Signature, First Republic, and Credit Suisse have similarly failed or are facing challenges, there’s also something telling in that they all started having...

When it looks like times might get tough, I don’t worry—I act. I do as much research as I can and then put that research to work by making the most educated decisions possible for myself, my family, and my financial future. And right now, it looks like many Americans might by doing the exact same thing. As the latest banking crisis...

During my tenure as Director of the United States Mint (2006–2011), I witnessed the largest single bank collapse in U.S. history when Washington Mutual shut down in 2008 in the midst of the Financial Crisis of 2007–2008. I also saw how many Americans reacted during this time of uncertainty and the proceeding Great Recession, as during...

As financial news continues to focus on the collapse of Silicon Valley Bank, many Americans are voicing concerns over their own deposits, as well as the security of America’s banking system as a whole. But rest assured, when you place a portion of your wealth in an IRA backed by physical gold, silver, or other precious metals, that...

I’ve written before about how important I think it is to keep an eye on financial news. This is not necessarily because every headline deserves immediate action, but because staying generally informed is, in my opinion, one of the best ways to achieve peace of mind when making decisions regarding your financial portfolio. For example,...

Retirees who want to continue growing their retirement fund can contribute to an IRA after retirement as long as they receive taxable compensation or “earned income” during the year. As of 2020, the IRS does not have an age limit on making contributions to Traditional IRAs or Roth IRAs. Making IRA Contributions After Retirement There...

When it comes to protecting my wealth and retirement, I firmly believe that preparation is key. This includes doing careful research, keeping my eye on financial headlines, and making sure I don’t miss important deadlines. For example, Tax Day this year is April 18, 2023—which also means that it’s the deadline for IRA contributions for...

When it comes to our economy, uncertainty will always be a factor. No one can ever say for sure what the future will bring. This is what makes diversification such a powerful tool—it allows you to control your portfolio’s level of risk exposure, keeping you within a range of risk that you’re comfortable with as events unfold. But when...