Video Transcripts

Are you prepared for your retirement? There are three studies published recently that made me think about this. First, the Vanguard Group, which tracks 5 million retirement accounts, published data that shows that in 2023, the average balance in an employer sponsored retirement contribution plan rose to 19%, a little over $134,000. Second, Northwestern Mutual…

I'm Coy Wells for U.S. Money Reserve. On June 24th, 2024, Bank of America published a note sharing their strategist's predictions that gold will surge as high as $3,000 per ounce over the next 12 to 18 months. This potential rise is in part attributed to an expected cut in interest rates by the Federal…

On June 12th, 2024, Federal Reserve officials announced that the central bank had not seen enough progress yet on the inflation front to cut interest rates, and they lowered their projections for the number of rate cuts this year from 2 to 1. That was big news since only a few months ago expectations were…

Is the world's gold production getting to the point where it is no longer growing and can't meet future demand? This is the idea behind the notion of "peak gold." Peak gold assumes that there's a limited amount of gold in the world. Eventually, there will be less gold mined in the future than there…

I'm Coy Wells for U.S. Money Reserve. Recent data released by both government agencies and private companies may be pointing to a contraction in the U.S. economy. On June 4th, 2024, the Bureau of Labor Statistics reported that the number of job openings fell to a three year low in April 2024. Payroll firm ADP…

Here's something I learned while working in Washington, D.C.: when everyone seems to agree on a fact, it's time to get skeptical and go to the data. Here's a recent example. If you follow the business news, you know that consumer debt has climbed to the levels that warned the economy is headed for trouble.…

Hi, my name is Ed Moy, and I served as director of the United States Mint from 2006 to 2011. I'm also the senior IRA strategist for U.S. Money Reserve. How does inflation impact American's retirement plans? It's an important question because inflation today hovers around 3.4%, which is much higher than the US government's…

I'm Coy Wells for U.S. Money Reserve. Last week, on Tuesday, May 14th, Federal Reserve Chair Jerome Powell said that the central bank will be patient on cutting interest rates, noting that inflation in 2024 has continued to run hotter than expected. Specifically, the Labor Department's producer price index rose 2.2% year over year in…

I recall first hearing concerns about the financial viability of Social Security when I was in my 20s. The prospect of that program affecting me personally seemed pretty remote then. Today, now that I am receiving benefits 45 years later, this prospect doesn't seem so remote to me. The loss of those benefits would pose…

Hi, my name is Ed Moy, and I served as director of the United States Mint from 2006 to 2011. I'm also the senior IRA strategist for U.S. Money Reserve. Regulators have closed First Republic Bank last week. It's a small regional lender in the northeast. It's notable because it's the first bank closure of…

I'm Coy Wells for U.S. Money Reserve. Billions of dollars are being withdrawn from the stock market recently by pension funds, hedge funds and other traders. In 2023, this included $34 billion pension fund and pharmaceutical and medical technology giant Johnson and Johnson, which reduced its target stock allocation by four percentage points. Analysts estimate…

The current rally in gold prices approaching $600 an ounce began within hours of the Hamas attack on Israel last October 7th. Since then, extraordinary demand from central banks, retail demand from Chinese buyers and uncertainty about the direction of inflation and interest rates in the U.S. have continued to fuel prices for physical gold.…