Despite the possibility of another recession on the horizon, there are still bright spots to be found this December. Every year, anonymous donations of physical gold are made to charitable organizations, most commonly to the Salvation Army as part of their Red Kettle initiative. Of course, these donations make headlines because of their...
Physical gold can play an important role in a well-diversified retirement portfolio; however, certain rules must be considered if you want to take advantage of the full benefits a gold or other precious metals individual retirement account (IRA) can offer. IRA-eligible gold can’t be added to just any retirement account. It often needs...
We often refer to gold being used as a store of wealth for “generations,” but how far back might those generations go? Would you believe 1,300 years? On December 6, 2022, CNN and other news outlets reported an amazing discovery: a stunning necklace found at the burial site of an Anglo-Saxon woman who died sometime between 630 and 670...
You want to buy gold to help diversify your portfolio, but you’re not sure whether you should buy gold stocks or physical gold. You may be asking yourself: Are they essentially the same thing? Does your portfolio experience the same benefits if you buy physical gold as it would if you buy gold stocks? The answer to both of those...
In past editions of “Gold News & Views,” we’ve discussed multiple times how hard a retirement portfolio can be hit by a major market downturn or recession. But what about our financial legacies and those who will someday inherit them? In my life, family is everything. My grandparents were my inspiration growing up, and my children...
Do you own a self-directed gold IRA as part of your retirement portfolio? These accounts offer many benefits when it comes to taking more control over your financial future, and you may already know the guidelines. But if you missed the IRS announcement about the latest updates to gold IRAs for 2023, keep reading to learn what’s...
Whenever I can, I like to plan ahead. I prefer to keep my eye on the future and do whatever I can to prepare myself and my portfolio for whatever may be headed our way. For example, I recently read that October’s Consumer Price Index (CPI) data show a small drop in inflation, from 8.2% to 7.7%. And while that shows some progress for our...
You can find the palladium price at any time posted at the top of all our web pages or by visiting our Palladium Price Chart. In recent years, Palladium has stolen the spotlight from other precious metals, at times becoming the highest-priced metal on the market. What has historically driven palladium to new heights, and what might we...
As I write this, millions of Americans are heading out to the polls to vote in the 2022 midterm elections. As I continue to watch headlines regarding the possible economic impact of this year’s election, I get thinking about the future—specifically, the future I want to help create for my loved ones. When we have nowhere else to turn,...
Reading financial headlines is an important part of my job as CEO of U.S. Money Reserve. Not only do I need to stay as informed as possible, but every once in a while, I come across something truly fascinating that I’m then able to pass along to the rest of the company as well as our clients. For example, on October 31, 2022, I came...
“Inflation” and “recession” continue to be two of the hottest words in financial news these days. On October 25, 2022, Bloomberg reported that “there are early signs that U.S. consumers, who have been largely resilient in the face of relentless inflation, are beginning to balk at high prices.” Meanwhile, Fortune.com wrote on October 24,...
If you’ve got your eye on precious metals or already have some in your portfolio, you may be curious to know how interest rate hikes like those we’ve recently experienced may impact these assets. How is a tangible asset like gold affected by interest rate fluctuations or factors associated with interest rate fluctuations, like yields on...
