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 […]
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 […]
The US dollar is down nearly 12% since the March 2020 peak. Gold is up 23% from the March price swoon. Meanwhile, the Federal Reserve has increased the money supply by more than 25% n 2020 alone, a number that should be shocking to anyone who has worked had to accumulate savings in US dollars.
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. […]
Gold has always been viewed as an alternative currency or currency of last resort that is both private and free from the manipulation that the paper currencies of the world are subject to from central banks.
We thought some of our observations in the last few months should be looked at again. How quickly the tide has turned to cause massive selloffs and volatility in all markets. Considering the carnage, gold has remained positive relative to other markets.
Coronavirus is spreading around the world and investors are fleeing equities The COVID19 Coronavirus is making its way around the globe. The US stock market had its worst week since 2008. World stocks lost over $5.1 trillion in market cap last week. The S&P Banks Index saw the biggest 6-day collapse since the peak of […]
Expect the Coronavirus to be worse than expected The viral outbreak that began in China has now spread to nearly 78,000 people globally if you believe the official numbers being released by the Chinese Communist Party (CCP). Most cases of infection have spread to Japan, South Korea, and Hong Kong, and Italy. Over 30 countries […]
Click on the image to download our Guide to Owning Bullion & Coins, a basic tool for new and experienced metal investors.
