NEWS

Gold Has Always Been Money

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 […]

Three Platinum Coins Worth Owning

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.

Variable Annuities Come with a Substantial Level of Risk

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 […]

Three Stock Market Booms that Eventually Wiped Out Many

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 […]

White House already Talking about Another “Infrastructure” Bill

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 […]

Is Your Silver Dollar Worth a Small Fortune?

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% […]

Demand for Physical Gold and Silver Remains at Record Highs in 2021

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 […]

Jerome Powell Talked to Senate Banking Committee on Tuesday

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 […]

Questions You Should Be Asking Your Gold Specialist

As the Fed prints money, the US government buys equities and the stock market seems to be catching a new rally. As this is happening, the prices of gold futures have been flat or down despite record demand for physical precious metals. Your hedge fund managers might not be touting gold as they only worry […]

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