AUSTIN, Texas , Oct. 4, 2022 /PRNewswire/ -- On Friday, September 30, 2022, St. Andrew's Episcopal School in Austin, Texas, hosted its seventh annual Dig Pink® volleyball match, raising money for metastatic breast cancer (MBC) patients. U.S. Money Reserve leadership donated $5,000 to this worthwhile cause and helped to launch the...
On September 26, 2022, Reuters reported that gold prices fell to $1,621.50/oz.—its lowest price since April 2020. Just a few days earlier, on September 23, 2022, CNBC quoted Steve Hanke, a professor of applied economics at John Hopkins University, as saying, “There’s an 80% chance of the U.S. falling into a recession—much higher than...
AUSTIN, Texas, Sept. 28, 2022 /PRNewswire/ -- Philip N. Diehl (35th Director of the U.S. Mint and President of U.S. Money Reserve) says "peak gold" may have already been reached or at the very least is fast approaching. Peak gold is the point at which the maximum rate of gold extraction is reached, after which mining will slowly decline...
Gold is considered a relative safe-haven asset around the world, especially during times of economic uncertainty and volatility. While gold is somewhat well known as a commodity, understanding where it’s traded—including coins and bars—can be a little more complex. Thankfully, with a bit of know-how, you can add gold to your portfolio...
As economic conditions tighten, many Americans start thinking about their own unique financial situations, wondering if they need to take new or additional actions to help protect their wealth. My response to those wondering is simple: It’s never a bad time to take action to protect your wealth—and each new headline is nothing more than...
AUSTIN, Texas, Sept. 21, 2022 /PRNewswire/ -- The passing of Her Majesty Queen Elizabeth II has activated an intricate process that hasn't been in motion since the passing of King George VI in 1952. Among many items that need to be changed will be currency and coinage. Queen Elizabeth II has been depicted on British banknotes and coins...
Given the current economic climate, it’s no wonder that the topic of economic recession has been on many people’s minds—and no wonder that when we think recession, many of our minds think back to 2008. This is especially true for me because during the 2008 downturn, I was serving as Director of the United States Mint and was involved in...
There are a lot of unknowns in this world, but they shouldn’t frighten us into inaction. As of this writing, we’re still waiting on a potential declaration of whether or not we are in a recession while the Federal Reserve continues to fight high inflation. Back in July 2022, Alliance for Lifetime Income and CANNEX jointly released their...
Thinking of adding gold coins to your portfolio? If you’re looking to purchase precious metals, there are many types of gold coins you can buy, each with their own benefits and features. But which are the best gold coins to buy? How do they differ? It’s easy to get overwhelmed as a new buyer with all the choices available, so here are...
In many ways, I’m looking forward to the day when my retirement finally arrives. But I know it won’t be easy. I love my job, and I find a great level of fulfillment in coming into U.S. Money Reserve every day and working to help our clients secure their own futures with precious metals. For many Americans, retirement is the end goal of...
Taking steps to diversify your portfolio is a proactive way to protect your financial future. Precious metals such as gold have historically been used as hedges against recession and are often regarded by analysts as safe-haven assets during periods of inflation. If you’ve already taken the step to add precious metals to your portfolio,...
A couple months ago, I wrote about the need for a semiannual financial checkup—a chance to examine your spending habits and goals, as well as your portfolio’s performance thus far, and make adjustments as needed to help set your portfolio (and yourself) up for success. In that post, I suggested examining contributions to your retirement...
