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 […]
2021 is turning into the year of cyber-attacks at the highest level. Money by definition is a current medium of exchange in the form of coins and banknotes. The main functions of money are as a medium of exchange, a unit of account, and a store of value. When money is used to intermediate the […]
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 […]
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 […]
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.
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 […]
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 […]
Click on the image to download our Guide to Owning Bullion & Coins, a basic tool for new and experienced metal investors.
