Video Transcripts

The United States national debt recently rose to a historic high of $33 trillion. That's right, you heard it right, I said trillion. What are the long term consequences of this trend, and how does it impact your retirement? Because it's so hard to comprehend numbers so big, a good way to understand the national…

I'm Coy Wells for U.S. Money Reserve. It's no secret that America's banking system was rocked by a series of closures earlier this year. In March, the California Department of Financial Protection and Innovation closed Silicon Valley Bank, which was also followed days later by federal regulators closing Signature Bank. The Treasury Department designated both…

You may have heard a lot recently about the growing interest by Congress and the Federal Reserve in what's known as a central bank digital currency, or CBDC. What is a central bank digital currency, and why all the fuss right now? And how can this impact you and your retirement? Simply, a CBDC is…

I'm going to ask you to perform a thought experiment with me today. Imagine yourself in early 2020 asking me, "Philip, what do I need to do to prepare my retirement portfolio for a long period of low inflation? How can I protect and grow my wealth?" Let's say I respond, "Why would you do…

At over 7%, mortgage interest rates are at their highest in 20 years. As a result, mortgage applications are at their lowest in almost 30 years. So what's happening and how can this impact your retirement? Because inflation remains higher than what the federal government wants, the Federal Reserve has been trying to bring down…

I'm Coy Wells for U.S. Money Reserve. Recently, the BRICS coalition of nations Brazil, Russia, India, China and South Africa, held their 15th annual conference from August 22nd to August 24th of 2023. At the end of the conference, the coalition announced that six more countries will join its economic bloc: Iran, Saudi Arabia, United…

If you follow the business news, you'll recall the bank failures that occurred last spring. It began with Silicon Valley Bank's collapse and was followed in short order by Signature Bank in New York and First Republic in San Francisco. These failures were attributed to poor risk management by the banks and loose oversight by…

While high profile bank failures are no longer front page news, problems still exist in the banking sector. The failures of Silicon Valley Bank and Signature Bank caught the ratings agencies off guard. As a result, banks are under vigorous analysis by those who rate them to make sure that investors don't get surprised again.…

I'm Coy Wells for U.S. Money Reserve. On August 8th, 2023, credit ratings firm Moody's Investors Service downgraded the credit rating of ten banks, including Webster Financial Corporation, M&T Bank Corporation, Pinnacle Financial Partners, and Commerce Bank Shares. Moody's also placed six banks ratings under review, including the Bank of New York Mellon Corporation, U.S.…

In a week full of news, it's fair to say the most unexpected report came when one of the three big credit rating agencies, Fitch, lowered its ratings on U.S. government debt. Nobody saw that coming. Critics of this decision have pointed to the bipartisan debt reduction agreement that President Biden and House Republicans reached…

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. The recent closure of PAC West Bank shows that some mid-size and regional banks are still having problems. These problems stem from the Federal Reserve…

I'm Coy Wells for U.S. Money Reserve. Despite recent declines in the pace of inflation, costs are still growing at an elevated rate and the price of many goods remain high. Even government officials admit inflation is still a problem that needs to be addressed. In a television appearance on July 17th of 2023, Jared…