NEWS

A Gold IRA Can Save on Taxes and Protect Your Retirement

Over the past year, the gold price has moved from roughly $1,400 an ounce to over $2,000 per ounce. Markets need time to rest or pullback after such a big move to provide strength for the next move up. As the gold price settles down waiting for the next stimulus package, it’s a great opportunity […]

US Debt: The Ticking Timebomb

I found myself staring at the US Debt Clock site since Friday afternoon. It’s like watching a ticking debt time bomb. The issue of US debt has always been an occasional issue that is often spoken about in political circles. The issue of creating debt that our children will need to pay back is brought […]

A Quiet Week for Gold, but Interesting Headlines

Gold hit an all-time high recently around $2,080 per ounce. The yellow metal closed at $1,935 an ounce before the volatile Labor Day holiday on Monday. Stocks took a big hit after a tremendous run since April and were probably extended for sure. The question facing most investors is where do we go from here? […]

Gold Surge Pauses; Silver Remains Strong

New Pacific Metals Corp from Vancouver, BC recently did a diagram that outlined how silver performs. The benefits, uses, and characteristics of silver were discussed. This could be the seventh silver bull market since 1970. Silver has always had intrinsic value in human history and it continues to provide security in volatile financial markets. Silver […]

Technical Trading – Platinum is a Long-Term Buy

Over the past year, gold has risen over 30% primarily due to a falling dollar and concerns about inflation amid monetary expansion. Silver is up over 40% over 12 months and undervalued industrial metal with monetary attributes. Platinum, which is nearly 10 times rarer than gold is essentially unchanged over the last year. Platinum is […]

Don’t Give up on Gold even if Price Pulls Back

Gold broke out of a huge 27 year base in 2007 at just over $800 per ounce. Gold initially traded up to $1,000 per ounce and backed off to $700 per ounce shortly after the breakout. Gold then moved from $700 to $1,900 per ounce in three years. Gold has rallied $600 per ounce in […]

Gold Trades over $2,000 per Ounce

Gold is up almost $400 per ounce over the past six months. The gold price is benefiting from a weaker dollar, a lackluster jobs report, and continued stimulus talk. No one knows what to expect over the next six months. To have all your eggs in one basket is awfully risky and just plain silly. […]

The US Dollar just had the Worst Month in a Decade

Since the recent March high in the US dollar, the fiat currency has fallen consistently. The purchasing power of our dollar has dropped. Our dollar buys less today than it did a couple of months ago. All paper currencies have lost significant purchasing power over the past few decades. A simple example explains it all. […]

Recent Market Trends in Equities and Precious Metals

The last six months have been a real roller coaster ride for major markets. The economy is reeling and there is no real solution in sight. The economy and the markets are being held up by monetary expansion and global stimulus. It’s scary to think about what will happen when the stimulus and free money […]

2020 Halftime Report – Gold & Silver Outperform; Platinum Lags

Physical gold is viewed as being a wealth preserver, a diversifier, and a hedge. The case of metals being a “store of value” is valid but investors are also always looking for a return on their investment. In such a volatile time for all markets, the return of investment is very important to most investors. […]

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