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...
Originally published December 2021. The holidays are getting closer, and you’ve decided (perhaps after reading last week’s blog) that gold may be the perfect gift for your loved ones. So now it’s time to dig just a little deeper and examine some of your many options when it comes to buying gold. For example, our Account Executives at...
This post was originally published in 2018. Fort Knox, KY. It's home to a well-known Army base, but it's also home to the U.S. Bullion Depository, which used to house a large portion of the country's official gold reserves. Does it still? As America's Gold Authority®, U.S. Money Reserve is here to shed light on this iconic American...
As I write this morning, gold prices have yet again set new records, breaking $2,500/oz. During this extraordinary 10-month rally that began at $1,820/oz., most analysts have focused on the forces that have driven rising gold demand over this period. And rightly so; these forces are having a dramatic impact on the gold market: Private...
Gold has long been valued as a safe-haven asset, particularly during economic instability and inflation. For thousands of years, civilizations have valued gold for its intrinsic qualities, which have made it a reliable store of wealth and the basis for currencies. Today, gold remains a key part of consumer portfolios because it holds...
The national debt of the United States surpassed $35 trillion on July 26, 2024, according to U.S. Treasury data. If this is the first you’re reading about the national debt breaking another record, that’s probably because this latest record barely made a blip in national news coverage. As shocking as it may be, the pace of our nation’s...
This week certainly started with a bang. Rising recession concerns sent the Dow Jones Industrial Average tumbling 1,000 points right when markets opened on Monday, and both the Nasdaq and the S&P 500 fell at least 3%. These recession fears didn’t come out of nowhere. This week’s sell-off has been mainly attributed to discouraging...
Cash and gold—two tangible assets you can hold in your hand and know that they mean something. Is one asset more powerful and longer-lasting? Learn why it might be a good idea to turn some of your cash into gold and how to do it. Why Turn Your Cash into Gold? When it comes down to paper money versus gold, there’s a treasure chest of...
Throughout history, gold has held allure as a precious resource. From its traditional uses in jewelry, coins, and other artifacts to modern industrial and technological applications, gold has always been in demand. But in the modern economy, one of gold’s most important roles may be as a safe-haven asset during times of economic...
