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 […]
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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.
On Wednesday the Fed decided to keep interest rates unchanged. The Fed will also continue to buy $120 billion in government-backed bonds each month, which keeps longer-term borrowing costs low and can bolster stock and other asset prices. The Fed is buying $80 billion in Treasury bonds each month, and $40 billion in mortgage-backed securities. […]
After the internet bubble in stocks burst in 2000, the Fed used a big decrease in the Federal Funds rate to stimulate the economy. After stocks crashed for over two years, the investment community took advantage of cheap money to build up the housing market. The housing market was then brought down by subprime lending […]
Benjamin Franklin’s notorious quote stated, … nothing can be said to be certain, except death and taxes. We would argue that there is one more certainty: our dollar will always buy less over time. The US national debt stands at $28.3 trillion and is increasing by the second. The USDebtclock.org jumps keeps clicking away in […]
By simple definition, inflation is a general increase in prices and a fall in the purchasing value of money. According to the Bureau of Labor Statistics, the annual inflation rate in the US is 2.6% for March 2021. The annual inflation rate in May of 2020 was .1%. Inflation is already here in the real […]
Wise investment advisors generally consider their clients’ long-term financial goals, meaning the goal at least ten years in the future. While Midas Gold Group is not and should not be confused with an investment advisory firm, we have spent decades helping investors put money into private long-term assets. As the government spends trillions of dollars […]
The stock market can make you rich; it can also bust you out. The United States in the last ten years has seen huge equity gains. These gains can be attributed to innovation, good business models, and mostly debt. Today we have more corporate debt, government debt, and consumer debt than ever in history. All […]
The talk of generation X is when the next stimulus payment is coming so they can deposit in their free trading stock account app. Baby Boomers are wondering what stocks they can speculate with to retire rich. Seasoned investors are wondering what happened to good sound money principles. Less than a month after a $1.9 […]
On February 23, Jerome H. Powell, the Federal Reserve chair, testified to lawmakers on the economic rebound from the pandemic recession and the threat of future inflation. Equity markets continue to trade wildly as GameStop and Tesla continue to attract speculators as the Fed is seen as a savior no matter what. We all know […]