Precious metals have proven to be a timeless safe haven in times of uncertainty and especially downturns. That said, you’re more likely to hear market analysts talking about gold—not silver—when times get tough. Learn more about this often-overlooked precious metal and its historical performance before, during, and after a recession. To...
Originally published in 2019 Some people track team points in their fantasy football leagues. Others carefully note the comings and goings of Washington, D.C., insiders. Almost everyone likes to know which Hollywood movies are big hits—or bigger misses. But you? You like to track gold prices. As interests go, this one is equal parts...
Hackers linked to China have infiltrated a series of internet service providers over the past few months, according to a recent report from The Wall Street Journal. This series of attacks is just one of the latest notable cyberattacks reportedly coming from China after FBI Director Christopher Wray warned in January 2024 that Chinese...
Many national issues will persist regardless of the presidential election’s outcome. With our nation’s full attention directed toward the highly anticipated U.S. presidential election in November, there’s a natural tendency to take a “wait and see” approach regarding important financial decisions like adding gold and other precious...
Who’s first in line for turkey? Who gets to deal the cards? Who picks tonight’s movie? You can settle almost anything with a coin flip. Learn about the history of the coin toss, its significance over time, and how we use coin flips today to decide everything from United Kingdom elections to football kickoffs. What’s the History of the...
There are a handful of economic indicators that can give us a good idea of what’s really going on in the economy and where it might be headed. Based on past performance, an inverted yield curve has long been considered one of the most reliable of those indicators. Since 1955, 9 out of 10 recessions in the U.S. were preceded by an...
The price of gold broke above $2,600/oz. for the first time ever last week after the Federal Reserve cut interest rates for the first time in over four years. This was the latest in a series of record high prices for gold that has taken place over the course of the last 12 months, but gold is not the only precious metal having an...
Gold prices have grown from just above $2,000/oz. at the start of 2024 to $2,600/oz. as of this week, a rally that doesn’t seem to be stopping or even decelerating. In fact, many analysts see prices soon soaring to $3,000/oz., after which they may rise even higher. Analysts see gold rapidly homing in on a $3,000/oz. price tag. Gold’s...
By now, regular readers of “Gold News & Views” know all about gold’s remarkable price growth compared to other assets. This price growth seems to have caught the attention of major financial institutions: On September 2, Goldman Sachs sent a note to clients suggesting that they “go for gold.” In the note, the bank’s commodity...
Gold’s record-breaking price rally is no secret—the precious metal’s path to a series of all-time high prices has generated headlines throughout the year. Recently, for example, when the price surged above $2,500/oz. on August 16, 2024, platforms like Fox News and CNN Business reported that a standard 400-oz. gold bar was worth over one...
The spot price for gold has crossed $2,500/oz. for the first time in history, rising by $700/oz., or 40%, over the last 10 months. Gold prices have never before risen so far so fast. This leads me to two questions: Why? And will this rally continue? Prices are determined by two forces: supply and demand. Let’s look at demand first....
As the population continues to age, a growing number of individuals are extending their careers well beyond the traditional retirement age. This trend is influenced by several factors, including economic necessity, personal fulfillment, and governmental policies that encourage extended participation in the workforce. Another key driver...
