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 […]
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. […]
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. […]
Many economists are still predicting a V-Shaped post Coronavirus shutdown. The rebounding stock market would seem to support the V-Shaped theory. However, others predict a real turnaround could take a decade. The drastic recovery in the stock market is not based on strong market fundamentals. The unemployment rate at nearly 20% is drastically higher even […]
The dollar has lost more than 6% of its value over the past two weeks against a basket of global currencies. Global traders are unsettled with the loose monetary policy in the United States. In 2020 the US created approximately 9 trillion dollars out of thin air amid the Coronavirus pandemic. Meanwhile, two key net […]
Paul Singer, the hedge funds billionaire behind Elliot Management has a long track record of making correct market calls regarding big economic events. He took his company from a small $1.3 million dollar fund to a $35 billion mega-fund. He track record includes correct calls prior to the financial collapse of 2008, the end of […]
Investors face many hard decisions today regarding their financial future. As we most certainly face a great deal of uncertainty and inflation seems unavoidable, wealth preservation is perhaps the most important part of the plan for the next ten years. Most investors cannot afford to gamble their life savings in the volatile stock market uncertain […]
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 […]
Hyperinflation during the Weimar Republic 100 years ago Paper or fiat currency is nothing new in world history. China has a long history of printing intrinsically worthless currency dating back to the seventh century. In the 1400s the kingdom of Spain began printing paper to be used as money during military sieges.
Our federal government’s budget deficit during October rose 34% versus a year ago to over 134 billion dollars; the deficit should breach one trillion dollars for the fiscal year 2020. The last time the deficit was that high occurred eight years ago when the federal government spent money like crazy to keep the economy and […]
Click on the image to download our Guide to Owning Bullion & Coins, a basic tool for new and experienced metal investors.
