Technically, we may already be in a recession. U.S. recessions are officially determined by a nonprofit research organization, the National Bureau of Economic Research (NBER), which defines a recession as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.” But a...
AUSTIN, Texas, Aug. 3, 2022 /PRNewswire/ -- In June, arrests were made after buyers were conned out of approximately $85,000 worth of Canadian Maple Leaf gold coins in Germany. While gold has a famously distinct look, spotting the difference between real and false gold has proven to be a complex issue throughout history. This week,...
Recently, I read an article by MarketWatch that reports stable value funds as today’s most popular asset to include in a 401(k), despite what MarketWatch calls the “complex risks” involved. As the article puts it, these funds are both “widely seen as a safe haven” and “often opaque.” But what are these assets, and how do they compare to...
AUSTIN, Texas, Aug. 2, 2022 /PRNewswire/ -- Bitcoin and other cryptocurrencies have been dubbed "digital gold," but how well do these assets compare to actual physical gold? U.S. Money Reserve, America's Gold Authority®, explores this and more. CRYPTO GOES BROKE | GOLD REMAINS STRONG IN JULY 2022 The cryptocurrency market has lost...
When I saw that this was to be our 400th edition of “Gold News & Views,” I almost couldn’t believe it. But it’s true—nearly every week, for more than seven-and-a-half-years, we’ve brought you insights into the financial and precious metals news of the day, along with additional information and tips to help you make more informed...
AUSTIN, Texas, July 27, 2022 /PRNewswire/ -- Between November 2021 and July 21, 2022, the cryptocurrency market lost almost $2 trillion in market capitalization, according to data from CoinMarketCap. This sharp downward trend continues to fuel concerns about crypto's high volatility and its viability as a financial safe haven. U.S....
Work hard. Do your research. Be proactive, not reactive. These are all mantras I find myself repeating. But there’s one more manta I find incredibly useful, even if we don’t discuss it as often in our Gold News & Views. Right now, consumers are feeling down and out about the economy. On July 15, 2022, The Washington Post wrote,...
How Can I Tell If Gold Is Real? If you recently purchased or inherited gold, whether in the form of gold coins, bullion, or jewelry, you may be curious about how to tell whether that gold is real. Gold is a rare commodity, and you only want to add real, genuine gold to a portfolio. Of course, the best way to ensure that the gold coins...
AUSTIN, Texas, July 14, 2022 /PRNewswire/ -- At U.S. Money Reserve, we know why silver remains one of the most versatile precious metals in the world, with a host of uses. Silver's surprising utility allows the metal to function in medicine, solar technology, electronics and more. As supply chains continue to recover and normalize,...
Every week, I like to scan the financial headlines. And every week, I see things that could cause Americans a lot of stress. For example, on July 11, 2022, Forbes wrote that a rally in the U.S. dollar “threatens to tank stocks and spark ‘major’ market stress in coming weeks.” The following day, on July 12, 2022, CNBC reported that “70%...
As the U.S. economy ebbs toward a possible recession, more and more people are asking how to buy silver and other precious metals. Whether silver is purchased as a coin or a bar, it may provide a safe haven for wealth during tumultuous times. As an asset, silver has historically served as a hedge against paper-based currency, as it has...
AUSTIN, Texas, July 7, 2022 /PRNewswire/ -- For Americans nearing retirement, economic turbulence is worrying if they see their accounts drop, while those whose retirement is still decades away may assume there's still plenty of time to readjust. Edmund C. Moy (38th Director of the U.S. Mint and Senior IRA Strategist for U.S. Money...
