Wealth preservation refers to strategies and actions taken to protect and maintain the value of one’s assets over time. It involves managing risks and minimizing potential losses to safeguard wealth and ensure its long-term sustainability. These strategies can include diversification, risk management, asset allocation, regular monitoring and review, and tax-efficient strategies. Wall Street will not […]
The KRLA 16th Annual Wealth Summit provides attendees with insights and strategies to help them grow and protect their wealth. This year’s summit focuses on diversifying investment portfolios with precious metals. Hosts Jennifer Horn and Grant Stinchfield with special guest Ken Russo, Sr. VP of the Midas Gold Group, discuss how to make informed investment […]
Physical gold in your possession or your IRA is the only true way to own gold for diversification and wealth preservation. The classification of a gold coin is relatively simple. Gold coins fall into three major categories. A gold coin can be a bullion coin that is based on its weight and purity and minted […]
How many billion disappeared with the FTX crypto currency disaster? There was a famous FTX Super Bowl commercial last February that said Fortune favors the bold. Maybe it should have been Have you ever seen tens of billions of crypto assets disappear overnight? How can something digital represent wealth preservation? It doesn’t folks; it’s just […]
In 1971 the US dollar was taken off the Gold Standard. The fiat currency experiment is now 51 years old and dying. Fiat currency by definition is money that has indirect market value or is given legal tender status by government fiat. Money here in the United States is called Federal Reserve Notes. Our money […]
Money can be any item or confirmable record that is generally accepted as payment for goods. Money is also used for the payment of services and the repayment of debt such as taxes. Money is supposed to be a medium of exchange, a unit of account, a store of value, and sometimes a standard of […]
Technology and other NASDAQ stocks suffered their worst month in April since 2008. As the Federal Reserve tries to unwind the mess they created with interest rate increases and quantitative tightening, the destruction of paper wealth they created over the last twenty years is being ripped apart. Stocks and bonds are taking big hits as […]
A nest egg can take years even decades to build up. Market bubbles come and go and not everyone has the stomach or time to wait for the next one to play out. The Dow Jones Industrial Average topped in 1929 and didn’t get back to those levels until 1954. Japan topped in 1987 and […]
Last week Meta’s (Facebook) stock fell 25% overnight. Netflix lost more than $100 per share overnight and shaved $50 billion off its valuation. PayPal and Shopify stock, two of the best high flyers over the past two years, are down over 60% from their highs just over the last few months. Most of the speculative […]
There is a history of debt cycles, currency destruction, and speculation mania. Today speculation wealth has created an “everything bubble” that is directly attributed to unsustainable central bank liquidity. According to its definition, a central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or […]
Click on the image to download our Guide to Owning Bullion & Coins, a basic tool for new and experienced metal investors.
