If you have a home, you need good homeowners insurance or hazard insurance in case of a fire, flood, earthquake, or theft. A nice car requires significant insurance in case of an accident. A husband or wife requires a good life insurance policy to take care of a family unforeseen event. Health insurance is required […]
Another week, another 3.5 trillion dollars was proposed by our White House leaders. Senate Democrats began drafting the details on a social and environmental bill. Senate Democratic leaders have said they aim to pass both the budget blueprint and a narrower, bipartisan infrastructure plan that is still being written before the August recess. Our leaders […]
While many financial advisors may like the idea of gold and offer gold “exposure” to clients in the form of an Exchange Traded Fund (ETF) of gold mining stock, physical gold is not an asset that most advisors have to offer in their investment products or that they recommend. If your financial advisor does recommend […]
Paper assets are those assets that are simply owed on paper. This includes such assets as stocks, bonds, ETFs annuities, mutual funds, and cash. Physical gold is the most practical and private way for most investors to diversify their assets away from paper.
The spot gold price peaked at $2,080 in August 2020. Price then fell to a bottom near $1,685 on March 31. We have since seen prices soar over 11% to get back to near $1,900. Last week’s US inflation figure came in at a shocking 4.2 percent, well above the anticipated 3.6 percent. It could […]
The correct definition of money is something that functions as a store of value and a medium of exchange. Salt was used as money in Ancient Rome. In Roman society, cattle was used as money. Some North American Native tribes used shells as money. During World War II, cigarettes were used as money. So money […]
As platinum prices compared to gold remain historically low, many investors are adding platinum assets to their investment portfolios. These are three popular platinum coins to consider.
The Morgan Silver Dollar was a United States minted coin from 1878 to 1904. It was then minted heavily in 1921 under The Pittman Act, authorizing the melting and coinage of millions of silver dollars. The design was replaced by the Peace Dollar later in 1921. The Morgan Silver Dollar is 90% silver and 10% […]
Many of us today are absorbed with what the market is doing today. Computer monitors and screens across the world display price tickers. Trading is rampant and speculation frenzied. The desire to get the next hot tech stock or the promising biotech is obvious. The internet chat rooms are looking for the next heavily shorted […]
2020 was an abysmal year for those of us who believe in limited government and fiscal responsibility. Over the weekend, the US Senate set us on a path towards an even worse 2021 from a fiscal responsibility perspective. Clearly, the US and the world have turned a corner on the fight against COVID19. Both cases […]